diversified company

Diversified Company

A company that operates and/or invests in several different business sectors. A diversified company exists to reduce unsystematic risk; that is, when one industry is doing poorly, a diversified company may still do well if its other industries are performing well. As a result, stock in a diversified company is generally more stable than the average stock. See also: Conglomerate merger.

diversified company

A company engaged in varied business operations not directly related to one another. A diversified company is less likely to suffer either a collapse or a spectacular gain in earnings compared with a firm concentrating its operations in a single business. Likewise, the stock of a diversified company is unlikely to bring extraordinarily large gains or losses to its shareholders.
References in periodicals archive ?
headquartered in Phoenix, is a highly diversified company that specializes, through its subsidiaries, in innovative products, financial services and venture capital.
Nasdaq: PELT), a 25-year-old diversified company, today announced that it has entered into an escrow for the purchase of a two-story, 20,000- square-foot office building which is currently owned by Londen Insurance.
Nasdaq: PELT), a 24-year-old diversified company, today announced that one of its subsidiaries, GSK Products Inc.
United Technologies, based in Hartford, Connecticut, is a diversified company that provides high-technology products and services to the aerospace and building industries.
Nasdaq: PELT), a 24-year-old diversified company, today announced that it has signed a letter of intent to acquire 100 percent ownership of a plastics manufacturing firm located in the Southwestern part of the United States.
During his tenure, Pioneer has grown from a West Texas-focused independent to a more diversified company with operations across the United States and in Canada and Africa.
Teleflex Incorporated (NYSE:TFX) is a diversified company with annual revenues of over $2.
Nasdaq: PELT), a 24-year-old diversified company, today announced that the exclusive distributor for GSK Products Inc.
Founded in 1977, World Wide Motion Pictures Corporation is a diversified company, with shareholders throughout the world, which is primarily involved in the development, financing, production and distribution of feature films, documentaries, short subjects, industrials and television productions.
Nasdaq: PELT) a 24-year-old diversified company, today announced that GSK Products Inc.
Nasdaq: PELT), a 24-year-old diversified company, today announced completion of its acquisition of 50 percent ownership, along with an additional 20 percent voting control, in GSK Products Inc.
Nasdaq: PELT), a 24-year-old diversified company, today announced that it has received two signed letters of intent for the lease of all but 2,000 square feet of its 30,000-square-foot corporate headquarters located in the heart of the "Camelback Corridor" in Phoenix.

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