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SAN FRANCISCO — Intel crossed an earnings bar it lowered for itself last month, but the problems plaguing its main market for semiconductors — personal computers — seemed no closer to ending.
Fred Elliot, who was in charge of building the canals after James Wright retired, commented: "A man on one side of the canal wants it raised for his particular use and a man on the other side wants it lowered for his particular use".
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In a simple ceremony in Bastion - the now mostly empty main base for UK forces - it was lowered for the last time.
The flag should be again raised to the peak before it is lowered for the day.
It lowered its forecast for economic growth this year to 0.5percentto1.5percentcent, down from an earlier estimate of 3.5percentto5.5percentcent.
With retail sales sagging, though, it lowered its estimate for earnings in the first quarter and all of 2004.
On Friday, it lowered its profit estimate for 2003.
It lowered borrowing costs for companies and homebuyers.
It lowered the limit for men from 21 units a week to 14, the same as women.
"It lowered the bar for everybody.
It lowered this year's forecast for interest income.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com