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Topic: Wholly-owned subsidiary


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In the News (Sun 27 Dec 09)

  
 Fortis: Corporate Profile
FortisBC, a wholly owned subsidiary, is an integrated, regulated utility operating in the southern interior of British Columbia.
FortisAlberta, a wholly owned subsidiary, is a distribution utility providing electricity in southern and central Alberta.
Belize Electricity, a 68 per cent owned subsidiary, is the main commercial generator, transmitter and distributor of electricity in Belize, Central America.
www.fortisinc.com /FortisCompanies/Default.aspx

  
 Company cannot conspire with its subsidiaries - COPPERWELD CORP. ET AL. v. INDEPENDENCE TUBE, 67 U.S. 752 (1984)
For similar reasons, the coordinated activity of a parent and its wholly owned subsidiary must be viewed as that of a single enterprise for purposes of § 1 of the Sherman Act.
If a parent and a wholly owned subsidiary do "agree" to a course of action, there is no sudden joining of economic resources that had previously served different interests, and there is no justification for § 1 scrutiny.
A wholly owned subsidiary might market a "fighting brand" or engage in other predatory behavior that would be more effective if its ownership were concealed than if it was known that only one firm was involved.
biotech.law.lsu.edu /cases/RICO/copperweld.htm

  
 MSN Money - gva Key Developments: Investing
Granite Construction Incorporated announced that Granite Halmar, a wholly owned subsidiary, in joint venture with Schiavone Construction Co., Inc. of Secaucus, New Jersey, was awarded a Design/Build contract for the renovation of the South Ferry Terminal Subway Station in lower Manhattan by MTA New York City Transit.
Granite Construction Incorporated announced that Granite Construction Company, a wholly owned subsidiary, as part of TGM Constructors, a joint venture, was awarded a $221 million contract by the U.S. Army Corps of Engineers, Louisville District.
Granite Construction Incorporated announced that Granite Construction Company, a wholly owned subsidiary, as sponsor of Sierra Blanca Constructors, a joint venture, was awarded a $129.4 million design/build contract by the New Mexico State Highway and Transportation Department.
news.moneycentral.msn.com /ticker/sigdev.asp?Symbol=gva

  
 Indian partner protests Walt Disney plan for wholly-owned subsidiary
Both the joint venture and the proposed wholly-owned subsidiary are in the same area which is television programmes.
WALT Disney Television Internationals (Asia Pacific) plan to set up a 100 per cent subsidiary in India has run into rough weather with the companys Indian joint venture partners, the Modi group, raising objection against the proposal stating that it could adversely affect the existing joint venture company.
It is a matter of common knowledge that some of these Indian promoters who neither had the capacity nor the intention to carry on the joint venture businesses had actually demanded a cash price for the NOC and a few of them even got it.
www.blonnet.com /businessline/2001/11/03/stories/02038721.htm

  
 P.L.A. - A Journal of Politics, Law and Autism
Lean Left reports on the wholly owned subsidiary's efforts to “gore” John Kerry.
We noted several interesting items today regarding the methods by which the right wing media act as wholly owned subsidiaries of the Republican Party.
There may be good and valid reasons to eliminate the tax on dividends but the fact that dividends are subject to “double taxation” is not one of them.
pla.blogspot.com /2002_12_01_pla_archive.html

  
 THE STRATEGIC MOTIVE AS A DETERMINANT
Wholly owned subsidiary provides a higher degree of control over joint venture in foreign operations.
While the establishment of wholly owned subsidiary, in general, takes much longer time,   joint venture with a local partner provides a quicker way to establish foreign operations.
It is coded zero if joint venture entry mode is selected and one if wholly owned subsidiary is selected.
www.stthom.edu /bschool/ueng/STJOHNMS.htm

  
 Capital Budgeting Analysis in Wholly Owned Subsidiaries (ResearchIndex)
Abstract: Since the common stock of a wholly owned subsidiary contributes to the holding parent's debt capacity, the value of the parent's debt-related tax shields must be considered when evaluating new investments at the subsidiary level.
Capital Budgeting Analysis in Wholly Owned Subsidiaries (ResearchIndex)
Capital Budgeting Analysis in Wholly Owned Subsidiaries (2000)
citeseer.ist.psu.edu /405720.html

  
 Freedom of Information : Intro : Wholly Owned Subsidiaries
OUEB Ltd is wholly owned by The Open University.
It was established in 2001 as a charity to apply income for the advancement of education by the provision of assistance and benefit for the educational purposes of The Open University.
It was established in 2002 as a charity to apply income for the advancement of education by the provision of assistance and benefit for the educational purposes of The Open University.
www.open.ac.uk /foi/p2_8.shtml

  
 Financial Administration Act
"wholly-owned subsidiary" means a corporation that is wholly owned by one or more parent Crown corporations directly or indirectly through any number of subsidiaries each of which is wholly owned directly or indirectly by one or more parent Crown corporations.
(2.1) The rate of any remuneration paid to a director, chairman or chief executive officer of a wholly-owned subsidiary who is not also an officer-director of the parent Crown corporation for the director's, chairman's or officer's services in respect of that subsidiary shall be fixed by the board of directors of the parent Crown corporation.
(2) The Governor in Council may make regulations exempting a specified parent Crown corporation or wholly-owned subsidiary or a parent Crown corporation or wholly-owned subsidiary of a specified class from the application of section 91, either generally or in respect of any transaction of a specified class.
akaccounting.com /en/F-11/59331.html

  
 Tidelands Oil & Gas Corporation :: Tidelands Oil & Gas Corporation's Wholly Owned Subsidiary, Sonora Pipeline, LLC, Initiates Pre-Filing With Federal Energy Regulatory Commission
Sonora Pipeline, LLC ("Sonora"), a wholly owned subsidiary of Tidelands Oil and Gas, will construct and operate the U.S. portion of the pipeline project, and Tidelands' corporate affiliate, Terranova Energia, S. de R. de C. ("Terranova"), will construct and operate the Mexican portion.
Through its eight wholly owned subsidiaries, Tidelands offers a full suite of services and has the capability to satisfy a wide variety of customer needs, both domestically and internationally.
The Project is roughly "V" shaped, with the two legs of the "V" commencing in south Texas and then intersecting in the Burgos Hub Area of Mexico near a new gas storage field that is being developed in that region.
sev.prnewswire.com /oil-energy/20050526/DATH05426052005-1.html

  
 About Us - History
Kemlite Company is a wholly owned subsidiary of Crane Co. Founded in 1855, Crane Co. is composed of 26 separate businesses organized into five industry segments: fluid handling, aerospace, controls, merchandising systems, and engineered materials which includes Kemlite Company.
In 1979, Kemlite became a wholly owned subsidiary of UniDynamics Corporation of Stamford, Connecticut.
Crane Co. acquired UniDynamics and all of its subsidiaries in 1985.
www.kemlite.com /about_us.cfm

  
 Wholly owned subsidiary at online dictionary financial terminology and banking terms. Wholly owned subsidiary services. Online free glossary financial terms. Dictionary words of business.
Wholly owned subsidiary at online dictionary financial terminology and banking terms.
Home > Financial terms > letter W > Wholly owned subsidiary
subsidiary which is owned entirely by its holding company.
money.profigroup.com /terms/wholly_owned_subsidiary.html

  
 1990 Report of the Auditor General of Canada - Appendix B
(3) Where a special examination is to be carried out in respect of a wholly-owned subsidiary separately, the board of directors of the parent Crown corporation that wholly owns the subsidiary shall, after consultation with the board of directors of the subsidiary, appoint the qualified auditor who is to carry out the special examination.
(b) in the case of a wholly-owned subsidiary, by the parent Crown corporation that wholly owns the subsidiary.
(5) The financial statements of a parent Crown corporation and of a wholly-financial owned subsidiary shall be prepared in a form that clearly sets out information according to the major businesses or activities of the corporation or subsidiary.
www.oag-bvg.gc.ca /domino/reports.nsf/html/90ab_e.html

  
 KDDI to Make au CORPORATION Wholly Owned Subsidiary
Both Companies reached the conclusion that it is indispensable to make au CORPORATION, at the time it started, a KDDI's wholly owned subsidiary for the KDDI group to develop.
KDDI, born on October 1 this year as a comprehensive information and communications company providing global and seamless communications services, domestic and international, as well as fixed and mobile, is prepared for an era of world-scale mega competition developing with deregulation and technological innovation as a backdrop.
In particular, KDDI recognizes that au Corp., born on November 1 this year, is a strategically core business offering high quality nation-wide seamless services under its nationally unified brand,"au" besides the mobile business in Kanto and Tokai Areas provided by KDDI.
www.kddi.com /english/corporate/news_release/archive/2000/1215/index2.html

  
 HITACHI GLOBAL : News Releases from Headquarters : Apr 16, 2002
With UNISIA JECS as a wholly owned subsidiary, the Hitachi Group can combine technology related to basic automotive functions, such as braking and steering, with Hitachi's motor actuator and engine control technology and cutting-edge IT and electronics technologies, which is needed to enter the ubiquitous information society.
The purpose of making UNISIA JECS a wholly owned subsidiary is to further expand the automotive products business.
This will ensure that subsidiaries engaged in core hardware and other business areas essential to this goal, are wholly-owned members of the Hitachi Group.
www.hitachi.com /New/cnews/E/2002/0418

  
 Newly found Iraqi files raise heat on British MP csmonitor.com
He planted his own driver as a spy in the guards of Qusay and followed the presidential paper trail when it moved to the suburbs in March.
On April 8, when US forces prepared to storm the capital, he rounded up six men who had served in prison with him and set out for the house.
What he really wanted back, however, was the deeds to the three homes taken from him.
www.csmonitor.com /2003/0425/p01s04-woiq.htm

  
 Whiskey Bar: The End of the Third Republic
Presumably the hope is that raising enough ire from their own support bases against them will give the Dems enough of a kickstart to take up the sword and fight.
The PM can be removed by a vote from within their own party, and the government can be dissolved by a confidence vote.
In Canada the Reform party was constantly dogged by accusations that it's leader Preston Manning was going to impose his own religious agenda if he ever gained power.
billmon.org /archives/000285.html

  
 Table of Contents Chapter 7
To approve the conversion of a corporation that was organized under the Texas Insurance Code into one organized under the Texas General Business Corporation Law (by means of a merger into a wholly-owned subsidiary).
To approve the transfer of the capital stock of one of a corporation's subsidiaries to a Trust for the benefit of the corporation's stockholders (as a dividend to those stockholders).
Purpose: to cause the two individuals who own all of the Capital Stock of the disappearing company to own Common Stock of the surviving corporation directly in order to produce certain income tax benefits to those individuals.
www.alppublishing.com /toc/7CONT.HTML

  
 MSN Money - STC Key Developments: Investing
Stewart Title Co., a wholly owned subsidiary of Stewart Information Services Corporation, announced that it has acquired Carter County Abstract Company Inc. and Executive Escrow LLC of Ardmore, Okla. Existing key management and staff have remained with the two companies, including James Griffin, president of Carter County Abstract, and Tammie Caudle, president of Executive Escrow.
Stewart Title Co., a wholly owned subsidiary of Stewart Information Services Corporation, announced that it has acquired a majority interest in Stewart Title of Pueblo, Colorado, which has been an active part of the real estate community in Pueblo County for 10 years.
Stewart Title of California, a wholly owned subsidiary of Stewart Information Services Corporation, announced that it has acquired the remaining 20% interest in the Cuesta Title offices in Tulare and Kings counties in central California.
news.moneycentral.msn.com /ticker/sigdev.asp?Symbol=STC

  
 er97.html
AES Power Inc. is a wholly-owned subsidiary of the AES Corporation, a firm engaged in the development, ownership, and operation of non-utility generating facilities in the U.S. and overseas.
NEMS is a wholly-owned subsidiary of NICOR Inc., a holding company whose principal business is Northern Illinois Gas Company, a local gas distribution utility located in Naperville, IL.NEMS proposes to supply, sell, purchase, market, broker, or otherwise trade electricity or fuel, provide electricity or fuel management services, and perform related activities.
A wholly-owned subsidiary of Consolidated Natural Gas, CNG Power Services Corporation ("CNGPS") has been formed to engage in the bulk power market as both a marketer and a broker of electric power, and will also arrange customer servcices in related areas such as transmission, consulting services, and emission allowance trading.
www.retailenergy.com /pma/er97.html

  
 Abraxas' Wholly Owned Canadian Subsidiary, Grey Wolf Exploration..
SAN ANTONIO, Jan 18, 2005 (BUSINESS WIRE) -- Abraxas Petroleum Corporation (AMEX:ABP) announced today that Grey Wolf Exploration Inc. ("Grey Wolf"), its wholly owned subsidiary in Canada, filed a preliminary prospectus with the securities regulatory authorities in each of the provinces of Canada in connection with an initial public offering of its common shares.
Abraxas' Wholly Owned Canadian Subsidiary, Grey Wolf Exploration..
Net proceeds of the secondary offering, if realized by Abraxas, will be first applied to its $25 million bridge loan facility and in the event of excess proceeds, for general corporate purposes, which could include reducing debt and accelerating its capital development program in Texas and Wyoming.
www.amex.com /newsDetails/CmnNewsDet.jsp?id=XpressFeed_NewsDetails_1106090317678.html

  
 PanAmSat Merges with Wholly Owned Subsidiary of the DirecTV Group
Through its owned and operated fleet of 24 satellites, PanAmSat is a leading global provider of video, broadcasting and network distribution and delivery services.
In total, the Company's in-orbit fleet is capable of reaching over 98 percent of the world's population through cable television systems, broadcast affiliates, direct-to-home operators, Internet service providers and telecommunications companies.
Affiliates of Kohlberg, Kravis Roberts and Co. L.P., The Carlyle Group and Providence Equity Partners, Inc. are scheduled to acquire The DirecTV Group's equity stake in PanAmSat on Friday, August 20, 2004.
www.spacenewsfeed.co.uk /2004/22August2004_16.html

  
 Porvair Sciences Ltd. is a wholly owned subsidiary of Porvair plc. Who are a world leader in the development, manufacture and marketing of materials with microporous structures for an ever-increasing range of industrial and domestic applications.
Porvair Sciences Ltd. is a wholly owned subsidiary of Porvair plc.
Porvair Sciences Ltd. is a wholly owned subsidiary of
Who are a world leader in the development, manufacture and marketing of materials with microporous structures for an ever-increasing range of industrial and domestic applications.
www.porvair-sciences.com

  
 Online Publishing News: AOL subsidiary buys Business 2.0: The US edition of Business 2.0, a new economy publication previously owned by Future Network, has been sold to Fortune, a wholly owned subsidiary of AOL Time Warner for USD68m...
Online Publishing News: AOL subsidiary buys Business 2.0: The US edition of Business 2.0, a new economy publication previously owned by Future Network, has been sold to Fortune, a wholly owned subsidiary of AOL Time Warner for USD68m...
The US edition of Business 2.0, a new economy publication previously owned by Future Network, has been sold to Fortune, a wholly owned subsidiary of AOL Time Warner for USD68m...
Fortune currently publishes a new economy magazine entitled 'eCompany Now' and it is thought that Business 2.0 will be absorbed into this.
www.onlinepublishingnews.com /htm/n20010710.053475.htm

  
 OpinionJournal - Scene & Heard
Like most national environmental groups, the league long ago became a wholly owned subsidiary of the Democratic Party.
The league's own scorecard, for instance, doesn't include a whole mess of pro-environmental initiatives from Mr.
And so it will surely be of interest to the nation's voters to find that the league doesn't seem to give a bunny's bottom about its own scorecard.
www.opinionjournal.com /columnists/kstrassel?id=110002218

  
 News
Las Vegas, NV – OBN Holdings, Inc. (OTCBB:OBNH) OBN Holdings, through it’s wholly-owned subsidiary Omni Broadcasting Network, has entered into an agreement to broadcast “From the Heart: The Four Tops 50th Anniversary and Celebration,” which will be aired in Autumn 2004.
owned subsidiary of OBN Holdings, Inc. (OTCBB:OBNH), has signed a
The slate of films, which will be produced by Wray Film Productions, will be created in the same format as horror movies produced during the 1950s and early 1960s, and will air under the Omni umbrella “Thirteen O’clock Theater.
www.obn-tv.com /news.htm

  
 Energy East Corporation, et al. ; Rel. No. 35-27794 / January 29, 2004
A notice of the filing of the Declaration was issued on October 4, 2002 (Holding Company Act Release No. 35-27573).
By order dated September 12, 2000 (Holding Company Act Release No. 35-27228) ("Financing Order"), the Commission authorized the Applicants to engage in, among other things: (1) ongoing financing activities; (2) intrasystem extensions of credit; (3) the creation, acquisition, or sale of non-utility subsidiaries; and (4) the payment of dividends out of capital and unearned surplus.
By a supplemental order dated January 28, 2003 (Holding Company Act Release No. 35-27643) ("Supplemental Order"), the Commission modified the Financing Order to reflect the acquisition by Energy East of RGS Energy Group, Inc.
www.sec.gov /divisions/investment/opur/filing/35-27794.htm

  
 www.cardservice.com
a wholly owned subsidiary of First Data Corporation (NYSE:FDC); is an industry leader in credit card processing for traditional and Internet businesses.
We offer merchants competitive pricing, customer service 24 hours a day, 7 days a week, in 140 languages and dialects, and one of the largest credit card fraud, loss prevention and chargeback departments in the industry.
www.cardservice.com

  
 Quarterly Financial Releases
Liberty Registry Management Services Inc. (LibertyRMS), a wholly owned subsidiary of Tucows, provides global registry management and administration services for top-level domain name registries, including.INFO.
("Pass-the-Tag" is a hosted registrar services solution that allows accredited registrars to use Tucows' backend infrastructure to register and manage domain names under their own identifier or "tag.") Total active domain names under management at the end of the fourth quarter increased to approximately 3.4 million (including approximately 433,000 through "Pass-the-Tag").
Domain names registered, renewed and transferred-in for the fourth quarter totaled approximately 760,000 (including approximately 148,000 registrations on behalf of other registrars through Tucows' "Pass-the-Tag" program), the largest number of transactions since the company entered the domain registration industry in January 2000.
resellers.tucows.com /about/investor/4th_2001

  
 LIMITED BRANDS INC - LTD Annual Report (10-K) EXHIBIT 21
(b) Express, LLC is a wholly-owned subsidiary of Womanco, Inc., a Delaware corporation and a wholly-owned subsidiary of the registrant.
(k) Victoria's Secret Direct, LLC is a wholly-owned subsidiary of Victoria's Secret Direct Holding LLC, a Delaware limited liability company, which is a wholly-owned subsidiary of Intimate Brands, Inc., a Delaware corporation and a wholly-owned subsidiary of the registrant.
(g) Limited Logistics Services, Inc. is a wholly-owned subsidiary of LTDSP, Inc., a Delaware corporation and a wholly-owned subsidiary of the registrant.
sec.edgar-online.com /2004/04/14/0001193125-04-062365/section28.asp

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