1. But Wells Fargo and Banc One said their profits fell, hurt by costs from the acquisitions of First Interstate and First USA. 2. Canadian stocks dropped after the Bank of Canada raised its pace-setting overnight lending rate, causing concern that higher borrowing costs will hurt corporate profits. 3. Concerns that higher borrowing costs will hurt company earnings prompted many investors to seek higher profits in fixed income securities, market analysts said. 4. Concern that higher borrowing costs will hurt company earnings prompted many investors to seek higher profits in fixed income securities, market analysts said. 5. Higher borrowing costs hurt company earnings and the size of dividends paid shareholders, making fixed-income securities more attractive to many investors. 6. Higher borrowing costs hurt company earnings and the size of dividends paid to shareholders. 7. Higher borrowing costs hurt company profits and can cut shareholder dividends. 8. Higher borrowing costs also hurt earnings and make stocks less valuable than less-risky fixed-income investments. 9. Higher borrowing costs hurt company earnings and the size of dividends paid shareholders, making equities less attractive than fixed-income securities to many investors. 10. Higher borrowing costs hurt company earnings and the size of dividends paid shareholders, making fixed-income investments more attractive than equities to many investors. |