Exact(18)
They were initially widely praised for their superior management skills in bringing "synergies" to their diversified businesses.
Earlier this year, Ingersoll Rand and Trane followed a recent trend on Wall Street by breaking up their diversified businesses into their component parts.
These reflect the benefits of their diversified portfolios and of other ways of mitigating risks, such as the use of credit derivatives.
But he admits that, in the current poor stock markets, their diversified portfolios, often with a large holding of safer assets like bonds, makes them a bit less unattractive.
Earlier this year, Ingersoll-Rand, which is based in Hamilton, Bermuda, and Trane, which is based in Piscataway, N.J., followed a recent trend on Wall Street by breaking up their diversified businesses into their component parts.
In fact, large global institutions have often proved more resilient than others because their diversified business model ensures that losses in one part of the enterprise can be cushioned by revenues in other parts.
Similar(42)
This coevolutionary interaction between lice and their hosts could have increased the diversity of lice as a result of specialization onto their diversifying hosts.
Two leading biotechnology companies reported contrasting news today in their efforts to diversify their narrow product lines.
Financial intermediaries such as mutual funds allow individuals to reduce their risks by diversifying their investment portfolios.
Still others are warning their clients to diversify their financing sources and become less reliant on Washington.
So many people hedge their bets by diversifying their savings into before tax and after tax accounts.
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