Last quarter, RIM updated its guidance for the year and mentioned an expected shortfall in BlackBerry sales along with a lower average selling price for the smartphones (see RIM Guides Lower, Stock Sensitive to Market Share Decline).

FORBES: BlackBerry-Vision: RIM Outlook Crucial As Earnings Loom

Some of Mr. Perry's Democratic opponents in the legislature said they expected to deal with a weakened governor wrapping up his last term as the state deals with challenges including an expected budget shortfall in its 2013 legislative session.

WSJ: A Battered Perry Heads Back to Texas

Demand there is still growing, but more slowly than expected, and the shortfall is exacerbated by Asian countries' eagerness to save dollars by running down oil stocks.

ECONOMIST: An oil bounce

Homeowners who took out endowment mortgages in the late 1980s will receive final confirmation this year of the shortfall in the expected payout of the policies.

BBC: Interest-only mortgage shortfall 'big problem' for NI

The company cited 15 cents of the shortfall coming from a weaker-than-expected flu season, 7 cents from the decline of the euro, and 4 cents due to greater-than-expected spending on research and development among the reasons for the cut.

FORBES: Magazine Article

When the sub can't sell a hand-me-down for the sum it expected--known as the residual value--the shortfall shows up as a loss.

FORBES: Residual Risk

As had been expected the results of a bank stress test revealed a capital shortfall that was just under 60 billion euros.

FORBES: Stocks Going For The Comeback: Spanish Stress Tests Trump Bad PMI Data As RIM Cuts Gains

If there is a shortfall, under the new rules British companies will be expected to make it up the following year from their profits.

ECONOMIST: Caught short | The