Word: drops
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Dates: during 2000-2009
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...most estimates, the No.2 U.S. car corporation is burning through more than $1 billion a month. As total American vehicle sales drop as low as ten million this year, Ford's financial situation will get worse, even if it gets concessions from the UAW and suppliers...
...leadership recognizes our challenges, admits that we have made mistakes, and is focused on getting our financial house in order as an immediate priority." Borders stock has flirted with a New York Stock Exchange delisting; it closed at 52 cents per share on Jan. 27, a 95% drop over last year. "They're in survival mode," says Davidowitz. But how can the company stay afloat when the economy has turned against the whole industry (even Barnes & Noble is struggling), and when big boxes like Walmart and Target are moving into the book-selling game? "Borders has to give people...
...this year, but it won't be until the end of 2010, maybe even 2011, that we'll see steady price gains," says Celia Chen, an economist at Moody's Economy.com. Chen and her colleagues predict that home prices, as measured by Case-Shiller, are due to drop some 30% from their early-2006 peak. We're only about two-thirds of the way there. (See pictures of Americans in their homes...
...think, housing is fairly valued, but we overshot on the way up, and it's very likely we'll undershoot quite a bit on the way down," says Patrick Newport, an economist at the analytics shop IHS Global Insight. His firm's forecast is for another 10% to 15% drop in NAR's median sales price before things start turning around next year - and that's assuming the economy begins growing again in the second half...
...Sure, admissions officers say they take into account the fact that some schools are more rigorous than others. But as more universities downplay the SAT or drop it from consideration altogether, colleges are making it known that GPAs are more important than ever before. And this shift is fueling a growing firestorm over grades: 75 districts in 12 states have relaxed their grading standards since 2005. Meanwhile, attendees at the annual meeting of the Association of American Colleges and Universities this month in Seattle argued for ditching grades in college and instead using the long-form "narrative evaluations" already required...