Word: quarters
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...Last year, total fixed-asset investment accounted for more than 90% of China's overall growth; residential and commercial real estate investment comprised nearly a quarter of that. Toss in the not insignificant fact that it was a huge real estate bust in the U.S. that dumped the world into recession in the first place, and many analysts are now beginning to fear the worst. "China's property market," says independent Shanghai economist Andy Xie, "is a massive bubble." (See TIME's photo-essay "The Making of Modern China...
Junior attack Dean Gibbons opened the scoring when he rolled behind the goal and swept the ball under Brown goalie Matt Chriss to put Harvard ahead, 1-0, at the 10:21 mark of the first quarter...
Walmart, the world's largest retailer, has seen better days. Yes, profits rose 22%, to $4.63 billion, in the fourth quarter of '09. Even coming out of the Great Recession, many consumers are trading down to shop at the discount superstore. However, for the third straight quarter the store saw negative same-store sales growth; during the last three months of 2009, same-store sales dropped 2%. Overall traffic in Walmart stores was down too. To Walmart executives and investors, this disturbing trend has to be reversed; despite the earnings growth, Walmart's stock fell 1.1% on the day earnings...
Wednesday’s game against its second top-10 opponent of the year started with Harvard grabbing a 2-0 lead. While the Crimson put another shot past Spartan goaltender Meagan Minson, San Jose State tallied four of its own, leading by one goal going into the second quarter...
While each team scored twice in the final quarter, the Spartans had put the game away in the third, outscoring Harvard by a 4-1 margin to add to its 7-4 halftime lead...