Both Mr. Greenwald and Mr. Damodaran said the Welch conglomerate model had been thoroughly repudiated, so much so that there is a widely recognized "conglomerate discount" applied by investors to the stock prices of companies consisting of businesses with no obvious synergies.
All three sites recognize that discounting and off-price are threats.
For example, they can scan the local newspaper for the high school honor roll and be sure that their young customers' good grades are recognized with premium discounts.
Hendrickson said that rumblings of misconduct by Browne had been recognized and eventually discounted by the city.
In the 1970's, the sportswear look took over and both companies combined their broader product lines with a complete advertising package, a logo recognized worldwide, and attractive discounts for retailers who took all.
"Most of them recognize that their discount rates are going to go up, but they'd rather have a discounted person in the seat than no one in the seat".
"Over time, what's happened is that people recognized what an amazing tax discount the farm assessment provided," said Senator Jennifer Beck, a Republican from Red Bank who is sponsoring the bill.
While value can currently be found in U.S. mid-cap and U.S. small-cap, the return potential for U.S. large-cap should not be entirely discounted, recognizing that all three market capitalizations are currently trading relatively expensive to their longer term averages--though some are more expensive than others, at least according to this one measure.
Both brick-and-mortar and online stores should recognize that indiscriminate discounting creates a lose-lose situation for retailers and their competition.
In welcome news to the industry, the FAQs recognized that there are many legitimate reasons for an adviser to discount prices for clients and confirmed that firms could continue to provide discounts while utilizing the BIC exemption.
Brian Gendreau, a market strategist with Financial Network, said he believed that the market had discounted the report on housing, a sector already recognized as weak.
