11.   For Hong Kong, where rates mirror the U.S. because the two currencies are linked, higher rates slow apartment sales and erode earnings for banks and property developers.

12.   Graninge said it also expects earnings to fall in its forestry division, as large producer inventories keep prices down and a strengthening krona erodes earnings.

13.   Higher rates damp share prices by increasing borrowing costs, which erodes corporate earnings.

14.   In addition, at least one analyst is worried that price-cutting in the next few months may further erode earnings.

15.   In the third quarter, the stocks of these companies and their competitors were battered as investors feared that a rise in defaults would erode earnings.

16.   In the third quarter, the stocks of these companies and competitors were battered as investors feared that a rise in defaults would erode earnings.

17.   Japanese stocks fell to a more than two-week low amid concern that trading will decline if interest rates rise, eroding earnings at commissions-dependent brokerages.

18.   Profits grew in spite of a strong yen which eroded overseas earnings when converted into yen.

19.   Rising development costs, including an interest rate rise last July, eroded earnings as sales slumped due to oversupply.

20.   Shares of auto and electronics makers fell on concern declines by the dollar will erode earnings.