Word: quarters
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Dates: during 2000-2009
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...seem happy to keep shelling out for chocolate. Last year, as the global recession was gaining ground, Swiss chocolate makers bucked the trend with record sales - nearly 185,000 tons, an increase of 2% over 2007, sold domestically and in 140 export markets. And while figures for the first quarter of this year are not available yet, "so far we have heard positive and optimistic reports from chocolate companies," says Franz Schmid, managing director of Chocosuisse, an umbrella organization for Switzerland's chocolate industry. (Read a TIME story about nude hiking in Switzerland...
...those plans, no matter how well-intentioned they may seem, are unnecessary now. Wells Fargo (WFC) indicated that it made about $3 billion in the first quarter of the year and declared its buyout of the deeply troubled Wachovia to be a success. Wells Fargo (WFC) said that the low cost of money from the government combined with a surging demand for mortgages was all the medicine that it required...
...Boeing announced that its first quarter numbers would be poor. According to Reuters, "Because of the drastic dip in demand, Boeing said production of its 777 minijumbo will fall to five from seven per month beginning in June 2010." In other words, earnings from Boeing are going to be weak for a long time...
Independent experts, however, caution against such nationalistic one-upmanship. Already one-quarter of hospital beds are taken up by people suffering from weight-related ailments such as heart attacks, back surgeries and hip and joint replacements, says Luiz Vicente Berti, president of the Brazilian Society of Metabolic and Bariatric Surgery. Unless preventive action is taken to educate people, he warns, Brazil faces a sick and expensive future. "If we don't teach people how to eat properly and exercise, then in 10 years no one will have the money to pay the hospital bills that will arise," Berti says, adding...
...period from October to April is a dark one for us Bostonians, especially when Tom Brady busts his knee in the first quarter of the season. But this year, between glowering at Mark Teixeira and religiously following the blogs from spring training, I finally found an appropriate distraction...