11. At the same time, demand for coal has dropped as Poland switches to other energy sources. 12. Australian stocks dropped as concern resurfaced that slowing growth in Asia may reduce domestic company earnings. 13. Australian stocks fell, led by resource company Broken Hill Proprietary Co., amid concern metal prices will drop as demand in Asia slows. 14. Bank stocks dropped as investors switched money from equities to alternate investments, such as bonds. 15. Banks, whose profits do best when interest rates are falling, dropped as yields rose from their lows. 16. Bank stocks dropped as investors switched money from equities to alternate investments, such as bonds, said Whitten. 17. Banks, whose profits do best when interest rates are falling, dropped as yields headed higher. 18. Because of this, companies could see their profits drop as a percentage of sales if it goes into effect. 19. Bond and bill prices dropped as investors bet against chances for a rate cut this year and the Australian dollar rose almost half a U.S. cent. 20. Brazilian stocks dropped as lawmakers delayed taking action to close a budget deficit to campaign on behalf of colleagues in upcoming municipal elections. |