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 Group Holding Ltd. (NYSE: BABA) is set to report earnings on Tuesday. This will mark the Chinese online marketplace for everythingâs first earnings report as a public company. The initial public offering (IPO) in September was the largest in U.S. history, and the relatively small float has helped this stock weather a big storm in the markets after its IPO.