Word: quarters
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Dates: during 2000-2009
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...Understanding the facts at hand is important. The score at halftime was 59-0, and by the end of the third quarter, Covenant was up 88-0. While Covenant Coach Micah Grimes—who was fired the week after the game—was obviously not an example or promoter of healthy competition and good sportsmanship, a man who saw no problem with the “wide” margin of victory, neither he, nor the scheduling of this lopsided match-up, should be seen as the main problem in this event. It was the players...
...PlayStation game machine, has stumbled in recent years. With demand for electronics collapsing as the world sinks into recession, the company finds itself increasingly adrift from its glory days, notwithstanding the Ichinomiya closure. Last week, Sony reported that it fell into the red in its latest quarter and repeated its forecast for an operating loss of $2.9 billion in the year ending March 31, its first such loss in 14 years...
...economic downturn, which economists say could continue for the next two or three years. "Demand has been falling off a cliff since the collapse of Lehman Brothers," says Hiroshi Shiraishi, an economist at BNP Paribas in Tokyo. Shiraishi says exports declined a "massive" 15% in real terms last quarter...
...reduce output even more as sales in the U.S. market, where the company generates half its earnings, continue to plummet. In the last three months of 2008, the U.S. economy shrank at its fastest rate in 26 years; consumer spending fell 3.5% after dropping 3.8% in the third quarter...
...Looking at Japan Inc. as a whole, BNP Paribas' Shiraishi expects production levels to hit bottom in the second quarter of this year, and says some recovery might be seen in the second half of this year. Shiraishi adds that manufacturers could start growing again around 2012, when a wave of Japan's baby boomers will reach age 65 and begin to spend their nest eggs. "They've been saving a lot to prepare for their retirement," says Shiraishi. "That could be a stabilizing factor for Japan." One catch, he says: they probably won't buy more cars...