Storms are more likely to form close to the U.S. coast, meaning a tougher forecast year in spite of fewer storms.
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Based upon the above analysis, lowering the forecasted growth of Total Mercedes Benz Vehicles Sold Globally by 10% for each forecast year will result in close to 20% downside for Daimler.
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Toyota spokesman Tomomi Imai says the company is unlikely to meet its sales forecast this year.
But that is a small change, relative to the big downgrade in the forecast a year ago.
On May 28, Goldman Sachs ( GS) reduced its GDP forecast for year end from 1, 500 to 1, 450.
The company has already trimmed back its dividend forecast this year, and dividend cuts often beget more dividend cuts.
So it will be interesting to see what people forecast this year.
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In fact, second quarter GDP came in at 3.4% compared to 4.1% in the first quarter, leading Nomura to forecast lower year-end GDP growth for the R in BRICs.
"Given that the MPC will have had access to forecasts which are quite likely to have shown a sharp reduction in their growth forecast this year and probably next, it's evidence the committee is very concerned about inflationary pressures, " said Peter Dixon, an economist at Commerzbank.
Worse, the unemployment rate is 18%, the highest in the EU, and the budget deficit remains stubbornly high, at 3.9% of GDP last year and 3.4% forecast for this year.
While Activision has raised its full-year forecast promising a "record-setting" year, EA has had to lower its outlook for the current period blaming its latest Medal of Honor and NBA Basketball games for having "disappointed" and its Star Wars: The Old Republic role-playing title for having "underperformed".
The Fraser of Allander Institute at Strathclyde University has delivered a gloomy forecast for this year, down from the 0.9% growth forecast for 2012 it published last November.
Outlining his plans to MPs, based on economic forecasts from the independent Office for Budget Responsibility (OBR), Mr Osborne told MPs the UK economy was now forecast to grow by 0.9% this year - compared with 1.7% forecast in March and 0.7% next year, down from the 2.5% forecast in March.
Our 30 year forecast for investment grade bonds has been lowered by 0.2 percent since last year.
FORBES: The Portfolio Solutions 30-Year Market Forecast for 2012
Net shipments fell 28% from a year ago to less than 54k, but the firm did reiterate its forecast for full year shipments of 201k to 212k.
Our 30-year forecast for equity has been increased by an average of 0.2 percent since last year.
FORBES: The Portfolio Solutions 30-Year Market Forecast for 2012
Accordingly, our 30-year forecast for equity has been adjusted downward by 0.1 percent (we had increased it last year over 2011 because of low valuations).
FORBES: Portfolio Solutions' 30-Year Market Forecast for Investment Planning (2013 edition)
He also cut his gross margin forecast for the year to 40.5% from 41.2%, while chopping his operating margin forecast to 15%, from 19%.
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The sell-off is die to the company cutting its dollar forecast for the year.
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Mr Mukherjee has cut his growth forecast for the year, from 9% to 7.5%.
Each year, Portfolio Solutions, LLC puts forth a 30-year forecast for stock and bond market returns.
FORBES: Portfolio Solutions' 30-Year Market Forecast for Investment Planning (2013 edition)
PetSmart (PETM) increased its fourth quarter profit by 31 percent, but issued a disappointing full year forecast.
Yet, despite strong fundamentals in China, and 9% GDP growth forecast again this year, oil prices are declining.
The commission also forecast that next year, Greece would see its debt level rise to 198.3% of GDP.
France's 1.4% forecast for this year's growth is in line with that of the International Monetary Fund (IMF).
Online sales have gone from just 1% of total retail sales in China to 4% forecast for this year.
The full-year forecast calls for EPS up 20.9% and revenues up only 1.7%.
Today the Reserve Bank slashed its growth forecast for the year from 3.25% for 2011 down to just 2%.
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You only have to look at the profits forecast for the year to see how behind we really are.
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As a result, the central bank has slashed its forecast of this year's economic growth from 4.5% to 2.8%.
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