BNET Business Dictionary

Business Definition for: Knight

  • a term borrowed from chess strategy to describe a company involved in the politics of a takeover bid. There are three main types of knights. A white knight is a company that is friendly to the board of the company to be acquired. If the white knight gains control, it may retain the existing board of directors. A black knight is a former white knight that has disagreed with the board of the company to be acquired and has established its own hostile bid. A gray knight is a white knight that does not have the confidence of the company to be acquired.

Wiktionary Definition for: Knight

  • A warrior, especially of the Middle Ages.
  • Ex: ''King Arthur and the '''Knights''' of the Round Table''
  • Nowadays, a person on whom a knighthood has been conferred by a monarch.
  • chess A chess piece often in the shape of a horse's head that is moved two squares in one direction and one at right angles to that direction in a single move, leaping over any intervening pieces.
  • To confer knighthood upon.
  • Ex:''The king '''knighted''' the young squire''.

Additional Resources

Knight Capital Group, Inc. Q3 2007 Earnings Call Transcript
Question-and-Answer Session Operator Yes sir. And thank you. The question-and-answer session will be conducted electronically. [Operator Instructions]. And we will take our first question from Chris Allen from Banc of America Securities. Please go ahead. Christopher J. Allen - Banc of America Hey guys. How...
Tags: Knight Capital Group Inc.
Earnings calls 2007-10-17
Knight's Long Journey
* June 1999 John Hewitt joins Knight from Goldman Sachs as president * July 2000 Bob Stellato joins Knight from Goldman Sachs as head of institutional sales * November 2000 John Leighton, Knight's institutional sales desk manager, and his brother Joe Leighton, a Knight sales trader,...
Tags: arbitration, NASD, SALES, SEC
Research articles 2008-09-01
Knight Capital Group Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Rich Repetto - Sandler O’Neill. Rich Repetto - Sandler O’Neill I guess first question is on the market share, competition in revenue capture. You mentioned the pick up in competition, the revenue path could drop to 1.2, and I’m...
Tags: Revenue, Call Transcript, Earnings, Knight Capital Group Inc., IOI, Operational Accounting, Finance, Seeking Alpha
Earnings calls 2009-10-21
NIKE'S KNIGHT TAKES 47.8% PAY SLASH
NEW YORK -- Phil Knight, chairman and CEO of Nike Inc., and the company's other top executives shared in the company's pain last year, taking home no bonuses and in Knight's case seeing a 47.8 percent pay cut. Knight received no bonus in...
Tags: company, Nike Inc.
Research articles 1998-08-24
San Jose Mercury News, Calif., Silicon Valley People Column.(Knight Ridder/Tribune Business News)
Mar. 6--Knight Ridder, of San Jose, named Tally Liu senior vice president for finance and operations of the media company's KnightRidder.com online unit. Liu had been a Knight Ridder vice president since January 1990. Knight Ridder also promoted Chip Mar. 6--Knight Ridder, of San Jose, named...
Tags: Knight-Ridder Inc., San Jose Mercury News
Research articles 2000-03-06
A New Vision at Knight
Knight Trading is no more. At its annual shareholders' meeting in Jersey City last month, Knight Trading Group dropped the "trading" from its name and became Knight Capital Group. The move reflects the decline of Knight's traditional market making business and the rise of its institutional brokerage and hedge fund...
Tags: FINANCE, Nasdaq Stock Market Inc., revenue, trader, vision
Research articles 2005-06-01
Knight Transportation Announces: Kevin Knight Speaks at Morgan Keegan Conference on June 11
Business Editors PHOENIX--BUSINESS WIRE--June 6, 2001 Knight Transportation Inc. (Nasdaq: KNGT) Wednesday announced that on Monday, June 11, 2001, Chairman and Chief Executive Officer Kevin Knight will speak at the Morgan Keegan Transportation Conference in New York City. His session will be from 11:05-11:35 a.m. EST. ...
Tags: Morgan Keegan & Co.
Research articles 2001-06-06
Knight Foundation May Require Paybacks by Startups
When the hyper-local platform EveryBlock.com was acquired by MSNBC.com in August for what was reportedly a "multi-million" pricetag, one aspect of the deal that piqued the curiosity of those of us with backgrounds in non-profit media was how the Knight Foundation, which had seeded EveryBlock with a $1.1 million grant,...
Tags: Grant, MSNBC, Taxes, Free Trade, Advertising & Promotion, Personal Finance, Financial Accounting, Financial Planning, Finance, Marketing, David Weir
Blog posts 2009-10-05
Knight Breaks in New Comp Deal.(Knight Trading Group)(Brief Article)
The Merrill Lynch influence continues to be felt at Knight Trading Group, which is led by Thomas Joyce. Joyce is a former head of trading at Merrill. Under his management, Knight's OTC traders are being paid on a salary plus bonus basis. Previously t The Merrill...
Tags: Merrill Lynch & Co. Inc.
Research articles 2003-10-01
Two Aberdeen, S.D., Nonprofit Groups Get Grants Associated with Knight Ridder.(Knight Ridder/Tribune Business News)
Oct. 18--Two nonprofit organizations in Aberdeen have received funding from the Knight Foundation, which makes grants in communities where Knight Ridder newspapers are published. Oct. 18--Two nonprofit organizations in Aberdeen have received funding from the Knight Foundation, which makes grants in communities where...
Tags: Aberdeen Group Inc., Knight-Ridder Inc.
Research articles 2000-10-18
Knight Executes Stock Exchange Agreement with Integrated Technology Group, Inc
ATLANTA -- Knight Energy Corp. Knight (Pink Sheets: KNEC), announced today that it has executed a stock exchange agreement with Integrated Technology Group, Inc. ITGI, which, upon closing, will result in the former stockholders of Knight owning approximately 85 percent, or 16,762,500 shares, of the issued and outstanding common stock...
Tags: agreement, Knight, stock
Research articles 2006-06-28
Knight Transportation Q4 2007 Earnings Call Transcript
Question-and-Answer Session Operator [Operator Instructions]. Our first question comes from Edward Wolfe of Bear Stearns. Edward Wolfe - Bear Stearns Just the reading that I got from your release was that you’re going to flat net tractor fleet at this point with the ability to change that...
Tags: Knight Transportation Inc.
Earnings calls 2008-01-30
A New Vision at Knight.
Knight Trading is no more. At its annual shareholders' meeting in Jersey City last month, Knight Trading Group dropped the "trading" from its name and became Knight Capital Group. The move reflects the decline of Knight's traditional market making business and the rise of its institutional...
Tags: brokerage, FINANCE, Nasdaq Stock Market Inc., revenue, sales, trader, vision
Research articles 2005-06-01
Golden Knight Sells Casa Berardi Interest to TVX Gold Inc
VANCOUVER, BRITISH COLUMBIA--BUSINESS WIRE--April 1, 1998-- GOLDEN KNIGHT(TSE:GKR.) (ME:GKR.) (VSE:GKR.) (NASDAQ:GKRVF) Golden Knight Resources Inc. reports the sale of its 40 percent interest in the Casa Berardi Mine to TVX Gold Inc., the operator of the Casa Berardi joint venture. Under the terms of the agreement, TVX will pay Golden...
Tags: Business Wire, FINANCE, Investment
Research articles 1998-04-01
M.A.I.D plc Announces Agreement to Acquire Knight-Ridder Information, Inc
LONDON--BUSINESS WIRE--Oct. 2, 1997--M.A.I.D plc (Nasdaq: MAIDY) announced today that it has entered into a Stock Purchase Agreement with Knight-Ridder Business Information Services, Inc., a subsidiary of Knight-Ridder, Inc. (NYSE: KRI), pursuant to which M.A.I.D has agreed to acquire all of the outstanding shares of Knight-Ridder Information, Inc. and Knight-Ridder...
Tags: agreement, FINANCE, Investment, Knight-Ridder Inc., London Stock Exchange Plc., MARKETING, Nasdaq Stock Market Inc., stock
Research articles 1997-10-01
Elizabeth Knight Fund
Soul legend Gladys Knight is surrounded by her brother, David Knight, sister, Brenda Clark, and brother, Merald "Bubba" Knight Jr., at a recent fund-raiser for the American Diabetes Association ADA Elizabeth Knight Fund at the National Building Museum in Washington, D.C. Knight and the ADA created the fund to honor...
Tags: American Diabetes Association, education
Research articles 1999-07-19
Kensington Publishing Rushes To Press With New Full-Length Biography of Bobby Knight
Sports Editors/Basketball Writers NEW YORK--BW SportsWire--Sept. 14, 2000 Laurie Parkin, Vice President and Publisher of Kensington Publishing, announced today the immediate publication of KNIGHT FALL: Bobby Knight -- The Truth Behind America's Most Controversial Coach by Phil Berger, the first full-length biography of Bobby Knight in more than...
Tags: CAREER, Kensington, Knight, New York Times Co., termination
Research articles 2000-09-14
Knight Transportation Inc. Clarifies Stock Transaction Information Reported Incorrectly
Business Editors PHOENIX--BUSINESS WIRE--July 13, 2001 The Dow Jones News on June 15, 2001 and Transport Topics on July 2, 2001, erroneously reported that Kevin P. Knight, chairman and chief executive officer of Knight Transportation Inc. (Nasdaq: KNGT) sold 193,750 shares of Knight Transportation stock for $26-$26.50 per...
Tags: FINANCE, Investment, Knight Transportation Inc., Nasdaq Stock Market Inc., stock
Research articles 2001-07-13
Knight Transportation Inc. Chairman and CEO Kevin Knight to Speak at Bear, Stearns & Co. Inc. Global Transport and Logistics Conference on Monday, May 20, 2002
Business Editors/Transportation Writers PHOENIX--BUSINESS WIRE--May 14, 2002 Knight Transportation Inc. (Nasdaq: KNGT) Tuesday announced that on Monday, May 20, 2002, Chairman and Chief Executive Officer Kevin Knight will make a presentation to the investment community at the Bear, Stearns & Co. Inc. 2002 Global Transport and Logistics Conference...
Tags: Bear Stearns & Co. Inc., conference, INTERNET, Knight Transportation Inc., logistics, Manufacturing, Phoenix Technologies
Research articles 2002-05-14
Knight Capital Group 4th Quarter 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions We will take our first question from Daniel Harris with Goldman Sachs. Betsy Miller – Goldman Sachs Good morning guys, it’s Betsy Miller on for Dan Harris. Steve Bisgay Good morning Betsy. Tom Joyce Good morning. Betsy...
Tags: Call Transcript, Earnings, Equity, Finance, Financial Services, Goldman Sachs Group Inc., Investment, Knight Capital Group Inc., Knight Libertas, Operational Accounting, Revenue, Seeking Alpha
Earnings calls 2009-01-22