21.   He said the improvement will come from reduced costs the takeover is expected to generate.

22.   Hondo, based in Roswell, N.M., has prepared to get by with greatly reduced costs.

23.   Home resales increased in June to the highest level since last October as reduced borrowing costs and low inflation helped spur consumer confidence in the U.S. economy.

24.   However, reduced costs for the service, lower PC prices and faster, cheaper modems have broadened the potential audience for the service.

25.   Investors now want to see reduced trading costs from a single exchange with access to the whole range of European stocks.

26.   Its two dockside gambling halls on the Mississippi Gulf Coast produced higher earnings because of increased revenue and reduced costs, she said.

27.   Javits Center executives attributed the move in part to management changes and revised union work rules that have improved efficiency and reduced costs.

28.   Lehman attributed the rise in gross margins for its computers to cost reductions associated with lower inventory levels, reduced overhead costs and lower component costs.

29.   Lower interest rates mean reduced borrowing costs for companies, thus improving their earnings prospects.