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The Federal Emergency Management Agency has asked scientists to estimate future seismic shaking in Los Angeles, Orange and Ventura counties to help the government decide where to spend money devoted to earthquake mitigation. Richard Buck, a FEMA official, said Thursday the estimates will be used to decide how much money should go toward strengthening public buildings that were damaged in the Jan. 17 Northridge earthquake.
August 30, 2008 | From Times Wire Services
Nintendo Co. raised its fiscal-year profit forecast by 26% from an earlier figure, citing healthy sales of its Wii home console and DS hand-held game machines. The Japanese company also credited a recovering dollar for its new earnings projection of 410 billion yen ($3.8 billion) for the year ending March 2009.
March 11, 2003 | From Times Wire Reports
The government will begin issuing five-day hurricane forecasts during the upcoming season, replacing the three-day advisories used since 1964, the National Weather Service said.
June 8, 2010 | By Hugo Martin, Los Angeles Times
After an almost two-year financial nose dive, the global airline industry appears ready to soar again. Three months after forecasting $2.8 billion in worldwide losses, a trade group for the world's airlines now predicts $2.5 billion in profits for 2010, with air travel demand and cargo traffic expected to grow faster than previously predicted. A report released Monday by the Montreal-based International Air Transport Assn. said passenger traffic worldwide is expected to grow 7.1% in 2010 over the previous year while cargo traffic will expand 18.5%.
August 25, 2008 | From Times Wire Reports
People worried about the high cost of keeping warm this winter will draw little comfort from the Farmer's Almanac, which predicts below-average temperatures for most of the U.S. "Numb's the word," says the 192-year-old publication, which claims an accuracy rate of 80% to 85% for its forecasts, which are prepared two years in advance. The almanac's 2009 edition, on sale Tuesday, says at least two-thirds of the country can expect colder-than-average temperatures this winter, with only the far West and Southeast in line for near-normal readings.
February 25, 2003 | From Reuters
Private-sector economists have cut their U.S. growth forecasts for this quarter and trimmed them for all of 2003, a Federal Reserve Bank of Philadelphia survey said. Economists pared their estimates for first-quarter growth to 2.2% annualized from 2.6% in the previous survey last quarter. They expect annualized real gross domestic product to rise a modest 2.5% for 2003, down from the previous estimate of 2.6%.
December 5, 2003 | From Reuters
Qualcomm Inc. raised quarterly profit and sales forecasts, citing heightened demand for its microchips that run popular new cellphones with color screens and digital cameras. Shares of the San Diego firm rose $4.63 to $49.10 on Nasdaq. Qualcomm said it expected a fiscal first-quarter profit of 36 to 37 cents a share, up from its target of 25 to 28 cents a month ago. Excluding investment losses, it sees earnings of 47 to 48 cents a share. The average Wall Street estimate was 38 cents.
May 4, 1989 | Jack Smith
A reader has sent me a promotional brochure for the World Future Society, (4916 Elmo Ave., Bethesda, Md. 20814-5089) "an institution for the study of alternative futures" and publisher of The Futurist, "a journal of forecasts, trends and ideas about the future." The brochure appears to be out of date, since it says the 21st Century is 15 years away (it is 11 years and eight months away), but its "social and technological forecasts for the next 25 years" are for dates that remain in the future.
November 7, 2006 | From Bloomberg News
Video game publisher Activision Inc. on Monday predicted fiscal third-quarter sales of $600 million, topping analysts' estimates. Sales in the quarter ending Dec. 31 will be driven by games including "Call of Duty 3," Santa Monica-based Activision said. Analysts expect $584.2 million, the average of 17 estimates. Sales totaled $816.2 million a year earlier. Activision and other game publishers are recovering from a slump triggered by the changeover to a new generation of consoles.
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