The English term schmaltz is derived from Yiddish, and is cognate with the German term Schmalz, meaning rendered animal fat, regardless of sourceâboth tallow and lard are considered forms of Schmalz in German, as is clarified butter. However, English usage tends to follow Yiddish, where it means poultry fat.
Company Description (as filed with the SEC) Booz Allen Hamilton is a leading provider of management and technology, consulting, and engineering services to the U.S. and international governments, major corporations, and not-for-profit organizations.
Oct 6, 2015 at 4:47PM. Billionaire activist investor Nelson Peltz made headlines yesterday when his $12 billion hedge fund, Trian Partners, took its largest position ever -- a $2.5 billion stake -- in General Electric (NYSE:GE), making the fund a top-10 owner of the stock.