Fourth quarter real GDP rose only 2.8%, up from only 2.6% growth in the 3rd quarter.
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Goldman Sachs cut its forecasts sharply, to 1% for the 3rd quarter, and 1.5% for the fourth quarter.
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For example, the 3rd quarter was the record quarter during the Katrina year.
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The initial shipments are meant for some super-computer installations, therefore the impact in the 3rd quarter may not be material.
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Exxon-Mobil ( XOM), the largest integrated oil and gas company reported 3rd quarter earnings 7% lower than a year earlier.
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Shares of emerging technology company Red Hat ( RHT) are down 7% in the pre-market after missing on its 3rd quarter earnings estimates last night.
The SPY spent most of the 2nd quarter of 2006 below the quarterly pivot (blue) and began the 3rd quarter also below the pivot line.
The company has since partially offset these fears with excellent cash management, restructuring aimed at reducing costs, and more recently, its better than expected 3rd quarter results.
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With its 3rd quarter domestic sales down 23 percent and US revenue plummeting by almost half, the once prominent king of the smartphone sector has a long uphill battle ahead.
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On Friday it was reported that the U.S. economy (GDP) grew 2.0% in the 3rd quarter, up from 1.3% in the second quarter, and better than the consensus forecast of 1.8%.
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This week it was reported that the economy (GDP) grew at a 3.1% annualized rate in the 3rd quarter rather than the last revision of 2.7%, and the originally reported 2.1%.
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When speaking at the Goldman Sachs Communacopia conference in September , CEO Gracia Martore reiterated earlier comments that broadcasting would show revenue growth in the 3rd Quarter of more than 30%.
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The good news is that more than four million Windows phones were sold in the 3rd quarter of 2012, which represents a 139 percent increase over the same quarter a year ago.
During Q3, 2012 customers purchased 427.7 million mobile phones, which is down approximately 3.11% from the 3rd quarter of 2011. 169.2M smartphones were sold globally in the 3rd quarter of 2012, an increase from 36.7% from the previous quarter.
Turning to central bank take of the publicly held US government debt market, central banks ended 2012 with a 38.1% share of the market, up 20 basis points from the 3rd quarter, but down 30 basis points from the 4th quarter 2011.
After raising prices 60% during the 3rd quarter of 2011, NetFlix lost 800, 000 customers and announcing plans to split its DVD-by-mail service into a new business called Qwickster that same year ( a plan they later abandoned) drove customers away in droves.
Retail sales surprised on the upside, manufacturing has shown signs of picking up, unemployment claims have declined, leading economic indicators were up 0.3% in September for the third straight month, and 3rd quarter earnings reports are including a number of improved outlooks from major corporations.
In September, Goldman Sachs cut its forecast for GDP growth to 1% for the 3rd quarter and 1.5% for the 4th quarter, while JPMorgan Chase cut its growth projection to just 1.0% for the 4th quarter, and only 0.5% for the 1st quarter of 2012.
The trading week was largely driven by the news coming out of Europe, with the post-Fed rally continuing to pause over European uncertainty, some continuing poor global economic data, lowered earnings expectations, and perhaps some pure old-fashioned profit-taking into the end of the 3rd Quarter.
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The overarching idea of the SBI model is that you first identify the situation that took place (for example when it was 3rd and 10 with 7:47 left in the 2nd Quarter or in the sales meeting that we conducted to review 3rd Quarter numbers).
Gucci, which nearly doubled its profits in the year to January 31st, blamed Asia when it announced flat third-quarter profits on December 3rd.
Students also frequent the Jewish quarter of the Marais, which spans the 3rd and 4th arrondissements, where many believe the best falafel in the city can be found.
Few were surprised on Thursday July 3rd when the European Central Bank raised its benchmark interest rate by a quarter of a percentage point, to 4.25%.
April promises to be a hectic month for Rangers, with a Uefa Cup quarter-final tie against Sporting Lisbon to be played on the 3rd and 10th.
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