Word: quarters
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Dates: during 2000-2009
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...pieces of news. The first was that Citigroup CEO, Vikram Pandit, made public remarks that his company had a profit in the first two months of 2009. But, even school children who hone their skills trading mock accounts online know that two months do not make a quarter, especially in banking. Some auditor may mention that Citi's toxic assets ran into more trouble in this quarter or that its consumer credit and LBO businesses needed to be adjusted for bad debt. Simply put, Pandit's comments did not mean...
...economic data for the first quarter begins to come out in April and then second quarter information is released in July, it will become clear whether the idea that the Treasury can borrow enough money to right our national economic ship is plausible. There is absolutely no reason to believe that if GDP contraction hits 10% for a quarter or two and then unemployment increases to double digits that the government will be able to solve what the free market system cannot...
...more realistic view of how stores are fairing under the withering decrease in demand caused by the recession, Ann Taylor (ANN) is a good example for analysis. In the fourth quarter, its sales dropped 20% to $483 million. It will close 163 of its stores. That is from a total of 935. The company's stock now trades at $2.82, down from a 52-week high of $29.23. Most of that collapse occurred over the last six months...
...after. You’re fine.” She was dumbfounded that another option could possibly exist. I watched as the student, happy to have his belief in the universality of Harvard Time affirmed, placidly took a seat. He was twelve minutes late. He had missed nearly a quarter of the section. Absolutely no one cared. It was wonderful...
...school altogether. School districts across the country report a growing share of students who are "highly mobile" - who move multiple times within a school year. With each move, experts say, such students are at risk of falling some six months behind, or more, in their studies. Roughly one-quarter of homeless children have witnessed violence. It isn't surprising, then, that nearly half of such children suffer from anxiety and depression...