41.   After the Tiananmen massacre, leaders hoped that more autonomy for military groups might encourage innovation and competition and lead to higher profits.

42.   Airlines around the world are using higher profits to replace old aircraft and add new ones.

43.   All four integrated companies sell more petroleum products than they produce themselves, so low prices, combined with good demand, led to higher profits.

44.   Alcan may follow also raise its prices, leading to higher corporate profits, analysts said.

45.   Both companies said they expect higher net profit.

46.   Brokerage shares climbed on hope that higher turnover will lead to higher profits.

47.   Brokerage stocks were also strong as investors hoped that the higher turnover will translate into higher profits for the ailing securities firms.

48.   Brokerages also benefited, both because of lower finance costs and higher profits from commissions on bond trades.

49.   Buffett also likes businesses that are shielded from competition and can earn higher profits.

50.   Business customers typically provide higher profits because they pay more for premium services, said Ed Douglas, a vice president with the new unit.