Exact(17)
"Times change; markets evolve," he notes.
Still, he said, "over the long term, local currency will become a larger and more stable part of the portfolio as the markets evolve".
These were the great hopes at the time of the TXU buyout, but their prospects are uncertain and depend on how the volatile electricity markets evolve.
As wholesale electric markets evolve, utility companies and other electric generators have greater incentive to stretch the grid to its limits to gain a competitive advantage.
As local markets evolve, satellite coverage is often an intermediary measure between not having any internet at all and broadband access.
In a memo circulated this week, the Fed complained that the bill's language is too "hard wired", leaving insufficient room to tweak rules as markets evolve.
Similar(43)
The S.E.C. stood by as newer electronic markets evolved and came to dominate trading.
Over time, two landscape art markets evolved as well, and part of what distinguished them was the old Lake George question of what was seen and not seen.
Financial globalisation spread capital more widely, markets evolved, businesses were able to finance new ventures and ordinary people had unprecedented access to borrowing and foreign exchange.
Consequently, a higher demand for flexibility in the power markets evolved.
Mocana executives see two major business markets evolving in the enterprise market.
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