Ig Farben Stocks List

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    Recent Signals

    Date Stock Signal Type
    2021-05-10 BASFY Stochastic Reached Overbought Strength
    2021-05-10 BASFY MACD Bullish Signal Line Cross Bullish
    2021-05-10 BAYRY Narrow Range Bar Range Contraction
    2021-05-10 BAYZF Narrow Range Bar Range Contraction
    2021-05-10 BAYZF Shooting Star Candlestick Bearish
    2021-05-10 BAYZF Doji - Bearish? Reversal
    2021-05-10 BFFAF Narrow Range Bar Range Contraction
    2021-05-10 BFFAF MACD Bullish Centerline Cross Bullish

    Interessen‐Gemeinschaft Farbenindustrie AG ("Dye industry syndicate, Inc."), commonly known as IG Farben, was a German chemical and pharmaceutical conglomerate. Formed in 1925 from a merger of six chemical companies—BASF, Bayer, Hoechst, Agfa, Chemische Fabrik Griesheim-Elektron, and Chemische Fabrik vorm. Weiler Ter Meer—it was seized by the Allies after World War II and divided back into its constituent companies.In its heyday, IG Farben was the largest company in Europe and the largest chemical and pharmaceutical company in the world. IG Farben scientists made fundamental contributions to all areas of chemistry and the pharmaceutical industry. Otto Bayer discovered the polyaddition for the synthesis of polyurethane in 1937, and several company scientists became Nobel laureates: Carl Bosch and Friedrich Bergius in 1931 "for their contributions to the invention and development of chemical high pressure methods", and Gerhard Domagk in 1939 "for the discovery of the antibacterial effects of prontosil".The company had ties in the 1920s to the liberal German People's Party and was accused by the Nazis of being an "international capitalist Jewish company". A decade later it was a Nazi Party donor and, after the Nazi takeover of Germany in 1933, a major government contractor, providing significant materiel for the German war effort. Throughout that decade it purged itself of its Jewish employees; the remainder left in 1938. Described as "the most notorious German industrial concern during the Third Reich", IG Farben relied in the 1940s on slave labour from concentration camps, including 30,000 from Auschwitz. One of its subsidiaries supplied the poison gas, Zyklon B, that killed over one million people in gas chambers during the Holocaust.The Allies seized the company at the end of the war in 1945 and the US authorities put its directors on trial. Held from 1947 to 1948 as one of the subsequent Nuremberg trials, the IG Farben trial saw 23 IG Farben directors tried for war crimes and 13 convicted. By 1951 all had been released by the American high commissioner for Germany, John J. McCloy. What remained of IG Farben in the West was split in 1951 into its six constituent companies, then again into three: BASF, Bayer and Hoechst. These companies continued to operate as an informal cartel and played a major role in the West German Wirtschaftswunder. Following several later mergers the main successor companies are Agfa, BASF, Bayer and Sanofi. In 2004 the University of Frankfurt, housed in the former IG Farben head office, set up a permanent exhibition on campus, the Norbert Wollheim memorial, for the slave labourers and those killed by Zyklon B.

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