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.
Alibaba Would Be The 12th Biggest Company In The S&P 500. Chinese e-commerce giant Alibaba went public on the New York Stock Exchange today in what is officially the largest IPO in US stock market history. The stock opened at $92.70 per share, putting the company's market cap at over $228 billion.