Word: discount
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...levels being incurred by local governments forging headlong into massive infrastructural and development projects. Even as it was being distributed, Premier Wen Jiabao was telling NPC delegates that the authorities would slow both lending and new construction in 2010, and place additional curbs on speculative property investment. A mortgage discount for first-time property buyers - which made a fixed, 5% 20-year mortgage available for just above 4% - has already been eliminated, and lending standards for buyers looking at second and third properties as investments have been tightened appreciably...
Walmart, the world's largest retailer, has seen better days. Yes, profits rose 22%, to $4.63 billion, in the fourth quarter of '09. Even coming out of the Great Recession, many consumers are trading down to shop at the discount superstore. However, for the third straight quarter the store saw negative same-store sales growth; during the last three months of 2009, same-store sales dropped 2%. Overall traffic in Walmart stores was down too. To Walmart executives and investors, this disturbing trend has to be reversed; despite the earnings growth, Walmart's stock fell 1.1% on the day earnings...
...would be to discount the women’s Nordic team, a squad that has emerged this season as a consistent contender and a threat to some of the top programs in the country...
...Recently, the prices available to sell such assets often have been at a sizable discount, and therefore not all announced disinvestments have been completed.” said Chris Cowen, a managing director at Prager, Sealy & Co, referring to Stanford’s recent decision to sell its illiquid assets...
...their earnings from last Saturday’s “Frankly My Dear, I Don’t Give a Jam” concert to PIH. From the 6th to the 11th of February, the Hasty Pudding Theatricals also decided to contribute 25% of their proceeds from group discount tickets to Harvard for Haiti. However, Producer Stephen L. Rola ’11 is disappointed by the lack of participation. “Unfortunately for the first three shows, people haven’t really taken advantage,” he said...