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Portal:Companies

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A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.

Over time, companies have evolved to have following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation.

Companies take various forms, such as:

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The Electric Telegraph Company (ETC) was a British telegraph company founded in 1846 by William Fothergill Cooke and John Ricardo. It was the world's first public telegraph company. The equipment used was the Cooke and Wheatstone telegraph, an electrical telegraph developed a few years earlier in collaboration with Charles Wheatstone. The system had been taken up by several railway companies for signalling purposes, but in forming the company Cooke intended to open up the technology to the public at large.

The ETC had a monopoly of electrical telegraphy until the formation of the Magnetic Telegraph Company (commonly called the Magnetic) who used a different system which did not infringe the ETC's patents. The Magnetic became the chief rival of the ETC and the two of them dominated the market even after further companies entered the field. (Full article...)
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A conglomerate (/kəŋˈɡlɒmərət/) is a type of multi-industry company that consists of several different and unrelated business entities that operate in various industries under one corporate group. A conglomerate usually has a parent company that owns and controls many subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, spin-offs, or joint ventures.

Conglomerates are common in many countries and sectors, such as media, banking, energy, mining, manufacturing, retail, and transportation. This type of organization aims to achieve economies of scale, market power, risk diversification, and financial synergy. However, they also face challenges such as complexity, bureaucracy, agency problems, and regulation. (Full article...)

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Ace Books is a publisher of science fiction (SF) and fantasy books founded in New York City in 1952 by Aaron A. Wyn. It began as a genre publisher of mysteries and westerns, and soon branched out into other genres, publishing its first science fiction title in 1953. This was successful, and science fiction titles outnumbered both mysteries and westerns within a few years. Other genres also made an appearance, including nonfiction, gothic novels, media tie-in novelizations, and romances. Ace became known for the tête-bêche binding format used for many of its early books, although it did not originate the format. Most of the early titles were published in this "Ace Double" format, and Ace continued to issue books in varied genres, bound tête-bêche, until 1973.

Ace, along with Ballantine Books, was one of the leading science fiction publishers for its first ten years of operation. The death of owner A. A. Wyn in 1967 set the stage for a later decline in the publisher's fortunes. Two leading editors, Donald A. Wollheim and Terry Carr, left in 1971, and in 1972 Ace was sold to Grosset & Dunlap. Despite financial troubles, there were further successes, particularly with the third Ace Science Fiction Specials series, for which Carr came back as editor. Further mergers and acquisitions resulted in the company becoming absorbed by Berkley Books. Ace later became an imprint of Penguin Group (USA). (Full article...)

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Manulife Financial Corporation (also known as Financière Manuvie in Quebec) is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" and in the United States primarily through its John Hancock Financial division. As of December 2021, the company employed approximately 38,000 people and had 119,000 agents under contract, and has CA$1.4 trillion in assets under management and administration. Manulife at one point serviced over 26 million customers worldwide.

Manulife is the largest insurance company in Canada and the 28th largest fund manager in the world based on worldwide institutional assets under management (AUM).

Manulife Bank of Canada is a wholly owned subsidiary of Manulife. (Full article...)
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