11.   The losses stemmed largely from catastrophes and pollution cleanup claims.

12.   The loss at Radian stems mainly from job cuts, the Hartford, Connecticut-based company said.

13.   The losses stem from soured loans to clients and declining trading commissions.

14.   The job losses stem from a deal the Schaumburg, Ill.-based pager and cellular phone giant has made with Celestica Inc., the Canadian electronics manufacturer.

15.   The loss stemmed almost entirely from its ocean shipping division.

16.   The losses stem from a subsidiary involved in a golf course development project, NEN said.

17.   Those losses stem from the expectation that a stronger economy will raise the risk that inflation will accelerate, prompting the Federal Reserve to raise bank lending rates.

18.   But they insisted the losses stemmed from the misdeed of one person.

19.   Its loss stemmed largely from Alcoa.

20.   Legend chairman Liu Chuanzhi said the loss stemmed partly from distribution difficulties during the period which the company was in the process of rectifying.