Sentences with phrase «for subsidiary companies»

Duties include: Maintains financial records for subsidiary companies by analyzing balance sheets and general ledger accounts.
The company started in 1973 when Federal Express Corporation invented express delivery; FedEx Corporation serves as a holding company for its subsidiary companies.
Wallersteiner was itself an example of such a case where a shareholder in the parent company sought to recover damages for a subsidiary company.

Not exact matches

The company — which has operations in Australia, New Zealand and Singapore — has also spent «many millions» over the last six months in upgrading the offerings for its Singapore Casket subsidiary.
There is no breakout for company subsidiaries or other offices.
Harley - Davidson hasn't had a subsidiary in Canada for decades, and the company just set up a Canadian headquarters in August.
As a reminder: Intel is spinning off the unit into an independent subsidiary and TPG is investing $ 1.1 billion for a controlling stake, valuing the company at $ 4.2 billion.
Additionally, they have to be U.S. - based, privately held, for profit, and independent — not subsidiaries of other companies — as of December 31, 2014.
Jackie Hosang Lawson and Jonathan M. Zang complained of retaliation for whistleblower activities from the privately held parent company and subsidiary companies that run the Fidelity family of mutual funds.
Dakota Access, a subsidiary of Energy Transfer Partners, the company building the pipeline, responded to Business Insider's request for comment last fall in an email, saying: «Crude pipelines in the country have a very specific review and approval process that must be followed.
Sydney company ACFS Port Logistics has outlined development plans for an industrial site at Rous Head, after announcing a joint venture with Asciano subsidiary Patrick Port Logistics.
A local subsidiary of Norway's Global Maritime Group is the latest company to be awarded a contract for work at Woodside Petroleum's operations in the North West Shelf.
Revenues figures for all companies include consolidated subsidiaries and exclude excise taxes.
The company didn't need to — its funds were stashed in subsidiaries incorporated in Ireland, but that, on paper at least, had no home country for tax purposes.
Last week, Glencore said its mining subsidiaries in the Democratic Republic of Congo were served freezing orders for alleged unpaid royalties of nearly $ 3 billion by a company affiliated with Gertler.
The approach has worked wonders for Apple, giving that company full control over the quality and price of its products, and even Google looks to be leaning that way too with its Nexus phones and tablets, not to mention its Motorola subsidiary.
The company's earnings guidance for FY18 does not include any potential impact from the previously announced pending sale of KMG America Corporation (KMG), whose subsidiary, Kanawha Insurance Company (KIC), includes Humana's closed block of non ‐ strategic long ‐ term care insurance policies, to Continental General Insurance Company (CGIC), a Texas ‐ based insurance company wholly ‐ owned by HC2 Holdings, Inc., a diversified holding company (NYSE:company's earnings guidance for FY18 does not include any potential impact from the previously announced pending sale of KMG America Corporation (KMG), whose subsidiary, Kanawha Insurance Company (KIC), includes Humana's closed block of non ‐ strategic long ‐ term care insurance policies, to Continental General Insurance Company (CGIC), a Texas ‐ based insurance company wholly ‐ owned by HC2 Holdings, Inc., a diversified holding company (NYSE:Company (KIC), includes Humana's closed block of non ‐ strategic long ‐ term care insurance policies, to Continental General Insurance Company (CGIC), a Texas ‐ based insurance company wholly ‐ owned by HC2 Holdings, Inc., a diversified holding company (NYSE:Company (CGIC), a Texas ‐ based insurance company wholly ‐ owned by HC2 Holdings, Inc., a diversified holding company (NYSE:company wholly ‐ owned by HC2 Holdings, Inc., a diversified holding company (NYSE:company (NYSE: HCHC).
LONDON, April 27 - Glencore's mining subsidiaries in the Democratic Republic of Congo have been served freezing orders for alleged unpaid royalties of nearly $ 3 billion by a company affiliated with Israeli billionaire Dan Gertler, Glencore said on Friday.
«We're viewing ourselves as the kind of company that gets that there's more than one way to be mobile,» says Washington, adding that he doubts Ford's Smart Mobility subsidiary «will have the famous Thursday business process review meetings that Ford is known for
In a new twist, the U.S. Justice Department successfully pushed for the parent companies — rather than subsidiaries — to enter the guilty pleas.
The holding company's subsidiaries specialize in property and casualty insurance, particularly niche products for businesses in the U.S.
Legal issues aside, the tweet could be viewed as a heavy - handed move for a company already under scrutiny after an earlier Medium post by a 25 - year - old employee identifying herself as Talia Jane, who complained of low wages and poor treatment in her customer service role at Yelp food delivery subsidiary Eat24.
The company's move to adopt kosher food handling certification opened an important door in the export world: YourBarFactory, says Leblanc, made significant inroads in Israel, where a Unilever subsidiary had been searching for a supplier that could meet local religious requirements.
In February, it acquired part of infrastructure services company Carillion Canada, which filed for bankruptcy protection in January, and in November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Presse.
The Toronto - based company, whose $ 300 - million stalking horse offer for the Canadian subsidiary of the toy retailer was approved in a U.S. court this week, is looking for stores outside of Canada it can potentially snap up.
Between 2003 and 2006, its Chinese subsidiary regularly hosted sightseeing trips for employees of state - owned companies.
Uber Technologies has launched its own auto leasing subsidiary in an effort to sign up more drivers, injecting the fast - growing ride services company directly into the financial services sector for the first time.
Prospects could be buoyed by a group of toymakers who said Wednesday they're looking to make a bid for the company's Canadian business, through which they would buy some U.S. locations in the liquidation to operate as a subsidiary.
It's part of HMD Global's quest to resurrect the Nokia brand name, which it inherited in 2016 when the startup and another Foxconn subsidiary company bought Microsoft's entry - level phone business for $ 350 million.
Creative Direct Response would pay Squire for the $ 3 million stock purchase, acquiring the company as a wholly owned subsidiary.
With operations around the world — three wholly owned subsidiaries in Europe, majority ownership in a joint venture in Japan, and distribution agreements with independent contractors in other nations — Wind River faces corporate tax rates that can be much higher than those for companies that operate only in the United States.
Just as the IRS pays strict attention to the profits that foreign companies with U.S. operations declare for U.S. tax purposes, foreign governments closely examine the tax statements of U.S. businesses and their overseas subsidiaries.
The apparel company has reported yet another quarter of dismal results for both the parent company and its subsidiaries Banana Republic and Old Navy.
Still, Gavet had words of praise for Boyd, saying that «there's a very strong business case to be made» for his strategy, which she described as decentralized, forcing Priceline's subsidiary companies to compete with each other.
Translation: for Wind River, there's no reason to price software sold in France, for example, so high (and to keep costs so low) that the company's French subsidiary earns higher profits and pays a higher tax bill than its U.S. counterpart does.
The company's Canadian subsidiary was sold to Manulife Financial earlier this month for $ 4 billion.
He added a news and media subsidiary to his company in 1990, but even today the bulk of Bloomberg LP's $ 9 billion in revenues still comes from the sale of terminals that Wall Street traders rely on for the most up - to - date financial and market information.
Representing one of its first major overseas acquisitions, the company's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached agreement with the Marathon Oil Company — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in thcompany's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached agreement with the Marathon Oil Company — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in thCompany — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in the Gulf.
This means that a Canadian company with a subsidiary in Bermuda, for example, can bring back foreign profit tax - free in the form of a dividend — provided the subsidiary is carrying out active business, such as sales or manufacturing, and is not merely a P.O. box.
About Bitcoin Direct, LLC Conexus Corporation (OTC PINK: CNXS) subsidiary, Bitcoin Direct LLC, a Nevada limited liability company, provides bitcoin transaction solutions for the consumer.
In March 2015, Alibaba Singapore E-commerce, a subsidiary of Alibaba Group, where Ma is Executive Chairman, operating in Taiwan, was ordered to close its business or sell it within six months by the Taiwan economic authorities, who accused the affiliate of being a Chinese mainland company and violated some registration rules which are mandatory for a Chinese company.
The RSA provides for the reduction of approximately $ 700 million of Remington's consolidated outstanding indebtedness and the contribution of $ 145 million of new capital into Remington's operating subsidiaries, markedly strengthening the Company's consolidated liquidity, balance sheet, and long - term competitiveness.
Edwards says: The second paragraph says two of the company's main enterprises have been sold and other subsidiaries are being offered for sale.
* Glencore's mining subsidiaries in the Democratic Republic of Congo have been served freezing orders for alleged unpaid royalties of nearly $ 3 billion by a company affiliated with Israeli billionaire Dan Gertler, Glencore said on Friday.
A reverse Morris trust is a form of organization that allows an entity to combine a subsidiary that was spun off with a strategic merger or combination with another company free of taxes, provided that all legal requirements for spin - off are met.
Awards may be granted under the Plan in substitution for or in connection with an assumption of employee, director and / or consultant stock options, stock appreciation rights, restricted stock or other stock - based awards granted by other entities to persons who are or who will become Employees or Consultants in respect of the Company or one of its Subsidiaries in connection with a
When the process is complete, Google will become a subsidiary of a new company called Alphabet, which will be a holding company for a variety of ambitious ventures undertaken by Brin and Page.
For this and other reasons, it is generally recommended that Canadian companies wishing to set up U.S. subsidiaries do so by creating a regular U.S. corporation.
For the individual serving as the chief executive officer of the Company at the end of the taxable year and for the individuals serving as officers of the Company or a subsidiary at the end of such year who are among the three highest compensated officers (other than the chief executive officer and chief financial officer) for proxy reporting purposes, Section 162 (m) of the Code limits the amount of compensation otherwise deductible by the Company and its subsidiaries for such year to $ 1,000,000 for each such individual except to the extent that such compensation is «performance - based compensation.&raqFor the individual serving as the chief executive officer of the Company at the end of the taxable year and for the individuals serving as officers of the Company or a subsidiary at the end of such year who are among the three highest compensated officers (other than the chief executive officer and chief financial officer) for proxy reporting purposes, Section 162 (m) of the Code limits the amount of compensation otherwise deductible by the Company and its subsidiaries for such year to $ 1,000,000 for each such individual except to the extent that such compensation is «performance - based compensation.&raqfor the individuals serving as officers of the Company or a subsidiary at the end of such year who are among the three highest compensated officers (other than the chief executive officer and chief financial officer) for proxy reporting purposes, Section 162 (m) of the Code limits the amount of compensation otherwise deductible by the Company and its subsidiaries for such year to $ 1,000,000 for each such individual except to the extent that such compensation is «performance - based compensation.&raqfor proxy reporting purposes, Section 162 (m) of the Code limits the amount of compensation otherwise deductible by the Company and its subsidiaries for such year to $ 1,000,000 for each such individual except to the extent that such compensation is «performance - based compensation.&raqfor such year to $ 1,000,000 for each such individual except to the extent that such compensation is «performance - based compensation.&raqfor each such individual except to the extent that such compensation is «performance - based compensation.»
Procter & Gamble, to give a real - world illustration, is effectively a holding company because it has different subsidiaries for different purposes.
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