Initially, the concept of an incorporated company was developed in response to the need in financing large economic projects without the limitations associated with sole proprietorships and partnerships. Sole proprietorships created problems because they did not allow for the acquisition of substantial capitals through the participation of many entrepreneurs. The difficulty with partnerships was that [...]

Preliminary analysis of the best-positioned stocks that may be the most powerful in 2008 shows that three companies, namely, Best Buy (NYSE: BBY), Ctrip.com (Nasdaq: CTRP), and Apple (Nasdaq: AAPL), look especially promising. Best Buy Co. Inc. (NYSE: BBY) is the largest national corporative retailer dealing with consumer electronics. Its current profits show a tendency to [...]

One-person corporations are legal in many states, and Maryland is one of them. Although any corporation should have a board of directors to hold meetings and vote, a small corporation does not have to necessarily include a “room full of suits”, as says Michael Hanley, an accountant at Merl & Hanley in Smithtown, N.Y. [...]

We are now used to frequent reports on contaminated products imported from China. But what about our domestic produce? Unfortunately, quality of foodstuff supplied by our food giants is not always perfect, either. Pesticide-laced cantaloupes, listeria-loaded chickens, poisonous peanut butter, contaminated spinach… now the list is even longer since ten U.S. states, including Maryland and [...]

In view of the recent events involving three crash landings of Bombardier Q400 planes, some major airlines are inclining towards dropping their plane fleet manufactured by Bombardier Corporation. The first was Scandinavian Airlines System, which refused to use its extensive fleet of 27 Q400 aircrafts after they experienced a crash landing involving a 70-seat Bombardier [...]

As a corporation represents a legal entity, it does not suffer from frailties of human beings - for example, it cannot die by itself, but only because somebody has made efforts to put an end to its existence. A partnership can be terminated if a partner dies, but, in contrast, the death of a shareholder, [...]

If your business is located in the state of Texas, here are the most important requirements you will have to meet in order to form a corporation: - Name of your business: should contain one of the following words (or their abbreviations): “Incorporated“, “Corporation,” “Limited” , or “Company”, and should clearly indicate, or hint [...]

In the end of September, it was announced that a Canadian giant “Thompson Corporation” had purchased a Barcelona-based company “Prous Science”. The price of the purchase was not disclosed.Prous Science is a strong Spanish company, which supplies life sciences to both professional and business customers from all over the world. It was established in 1958, [...]

On September 21, 2007, Spherion Corporation published a press-release with the results of an employment report that had been conducted among California workers. The results of the survey, conducted on behalf of Spherion Corporation by Harris Interactive(R), show that California workers are less satisfied with their employment opportunities than two months ago. More workers find [...]

On September 17, Memry Corporation, which is considered a leading provider of synthetic components to the medical industry, reported revenues for the fiscal year 2007. In accordance with the press-release published at CNNMoney.com - Memry Corporation FY 2007 Revenues, the Corporation’s net revenue for the year 2007 has accounted at about $51.7M, while last fiscal [...]