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Close of 30 Oct 2026, in USD
About American Business
Its shares trade under the ticker ARBU. It has been listed since 21 May 1998.
American Business Corp. operates as a development stage company, which has no specific business plan or purpose and has indicated that its business plan is to engage in a merger or an acquisition with an unidentified company. The company is headquartered in Port Chester, New York. The firm previously was engaged in providing freight transportation services to large corporations and the operation of a regional truckload carrier specializing in the short to medium haul market segments, through the Company’s wholly owned subsidiary U.S. Trucking, Inc (Trucking). The Company’s operating subsidiaries that collectively comprised substantially all of the unprofitable business, filed for Chapter 11 protection in the Bankruptcy Court of the Northern District of Florida. Shortly thereafter and principally as a result of its failure to successfully implement a plan of reorganization, the court-appointed Trustee in Bankruptcy converted the case to a Chapter 7 liquidation.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 21 May 1998
Leadership
Pay as last reported
- Mr. Anthony RussoChief Executive Officer, Chief Financial Officer, Director, since 2003$180,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- American Business Corp has a strong market reputation and brand image, recognized for its high-quality products and services.
- The company has a diverse portfolio of products, allowing it to cater to multiple customer segments and generate revenue from various sources.
- American Business Corp benefits from an experienced and skilled workforce, driving innovation and efficiency.
Weaknesses
- The company heavily relies on a few key clients, making it vulnerable to their changing demands and economic fluctuations.
- American Business Corp lacks a strong online presence and has limited engagement through digital channels, potentially limiting its reach to customers.
- The organization faces challenges in adapting to rapid technological advancements, requiring investments and resources to stay competitive.
Opportunities
- Expanding into emerging markets presents growth opportunities for American Business Corp.
- The company can leverage strategic partnerships and collaborations to enhance its product offerings and expand its customer base.
- Advancements in technology provide an opportunity for American Business Corp to streamline operations, improve efficiency, and offer innovative solutions.
Threats
- Intense competition in the industry poses a threat to American Business Corp's market share and profitability.
- Economic downturns and global crises can impact consumer spending and decrease demand for the company's products and services.
- Changing government regulations and policies may affect American Business Corp's operations and increase compliance challenges.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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