Word: marketic
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...price war began last month when brokers began aggressively cutting commissions on stock trades to grab the attention - and business - of many self-directed investors and independent financial advisers who had fled large brokerage firms during the economic and stock market meltdowns...
...quest to grow market share quickly led brokers to begin slashing prices...
...ball is now in TD Ameritrade's court, a firm that has been gaining market share in recent years, with its flat $9.99 fee. In 2009, TD Ameritrade's daily average revenue [producing] trades rose 17% while Schwab's fell 2%, said Michael Hecht, an analyst at JMP Securities, in a recent note. "We were the one shop that had simple, straightforward, transparent pricing - one price point for all clients and there's no gimmick to it," says Tomczyk. "Clients don't like it when think they have one price and wind up getting nickeled and dimed to death...
...speak up for Utah Senator Robert Bennett, chief co-sponsor of the Wyden-Bennett health proposal that was the best hope for truly market-oriented health care reform? Bennett now faces a serious nomination challenge. Once the excitement of Massachusetts subsides, who'll champion the non-CPAC-style Senators on the ballot in 2010: Mark Kirk from Illinois or Rob Portman from Ohio...
Nigam said the camp was close to a bustling market, and the rebels struck when a large number of people were shopping in the area...