Word: downturned
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Borders The story of the problems at the country's second largest book retailer is a grim tale. Even before the economic downturn, Borders didn't shine. "Their real estate was suboptimal in some markets, they were overexposed to music and movies, and they tried to go international, which didn't work," says David Schick, an analyst at Stifel, Nicolaus & Co. Then came the financial storm. Total sales dropped 11.7% during the nine-week holiday period that ended on Jan. 3, and sales at stores open for at least a year fell 14.4% during that time. In addition, the company...
...downturn in the economy would make Harvard more attractive, there has never been a better time to have a great financial aid program,” said Fitzsimmons...
France shut down today, as an estimated million or more people throughout the country demonstrated the impact of the recession and government policies to deal with the downturn. Scores of flights were canceled, countless schools, post offices, and even courts closed, and armies of commuters endured long slogs to work as public transport services suffered disruption of varying severity...
...Despite the severity of the downturn - and the size of today's protest - French leaders aren't beating a retreat. Heading into the strikes, Sarkozy sounded a conciliatory tone, assuring French citizens that he understood their problems, but also stressing that France can't "halt its reform movement...
...current economic downturn has put several funds at risk of going “underwater,” and therefore helped provide an impetus to pass UPMIFA, Kerr said...