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A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities.
The company currently operates from five regional Customer Fulfillment Centers and 12 [4] branch offices. [5] In 1997 MSC acquired Enco Manufacturing Company. [6] On June 8, 2006, MSC completed the acquisition of J & L America, Inc. DBA J & L Industrial Supply (J & L), a subsidiary of Kennametal, for $349.5 million. [7]
Standard Motor Products, Inc. (NYSE: SMP) is a manufacturer and distributor of automotive parts in the automotive aftermarket industry. The company was founded in 1919 as a partnership by Elias Fife and Ralph Van Allen and incorporated by Fife in 1926. It is headquartered in Long Island City, New York, and trades on the New York Stock Exchange.
In 1961 the company merged with the Brunswick Corporation. The company introduced the MerCruiser stern-drive line at the 1961 Chicago Boat Show. The line would later take over 80 percent of the world market. [4] For 1962, the Merc 1000 became the new top of the line in line 6, offering 100 hp. It was somewhat of a sensation.
By 1988, SRC's debt to equity ratio was down to 1.8 to 1, and the business had a value of $43 million. The stock price, $0.10 in 1983, had increased to $13 per share. [5] By 2015, the stock was worth over $199 per share. [6]
A 260-horsepower (190 kW) diesel inboard motor An inboard motor is a marine propulsion system for boats.As opposed to an outboard motor, where an engine is mounted outside the hull of the craft, an inboard motor is an engine enclosed within the hull of the boat, usually connected to a propulsion screw by a driveshaft.
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Also in 1904, the first C.W. Spicer "u-joints" were shipped to Corbin Motor Company in Connecticut. In 1905, Spicer Universal Joint Manufacturing Company was incorporated. [3] In 1909, the company changed its name to Spicer Manufacturing Company. In 1910, Spicer relocated to South Plainfield, New Jersey. [3] In 1914, Charles Dana joined the ...