101.   Leonard said the company will report a profit in the third quarter.

102.   Many companies reported lower profits from Asian subsidiaries as well, primarily due to losses on Japanese securities purchased on behalf of local investors.

103.   Meanwhile, Citicorp reported higher profits despite earnings problems in Asia.

104.   Military contractors General Dynamics, Northrop Grumman and McDonnell Douglas reported higher profits in the first quarter, despite military spending cuts.

105.   More recently the government has posted surpluses in December, a month that corporations report profits and make quarterly tax payments.

106.   More recently membership has stabilized and the plan has reported modest profits.

107.   Most large companies reported disappointing profits in the first half.

108.   Multi-billion values are now placed on companies with modest revenues that have yet to report a profit.

109.   Multibillion-dollar values are now placed on companies with modest revenues that have yet to report a profit.

110.   More recently the government has posted surpluses in December, a month that corporations report profits and make quarterly tax payments to the government.