1.   Analysts, however speculate that Sembawang may cut its stake in Jurong Shipyard Ltd., which it acquired in June, to generate cash to fuel expansion plans.

2.   At least two, IBM and the state of Virginia, are heading elsewhere with their investment funds, and Harvard University has cut its stake in the fund.

3.   Early declines in stocks renewed concern investors might cut their stakes in U.S. markets, selling dollars for other currencies as they do so.

4.   In late morning trading, however, bonds pared early gains after a fall in the dollar raised concern that overseas investors might cut their stakes in Treasury securities.

5.   Irwin Jacobs and members of his family cut their stake in Pinnacle Systems Inc., a company the wealthy Minnesota businessman once said he might seek to control.

6.   It gave CanWest six months to cut the stake.

7.   It took a step toward cutting that stake during the fourth quarter, selling debt that can be swapped for Salomon stock.

8.   LeBow cut his stake at the same time he was considering whether to launch a second fight for control of RJR, the food and cigarette company.

9.   LVMH has been cutting its stake in Guinness in recent weeks to increase its stake in Grand Metropolitan Plc.

10.   Philippine stocks fell for a fourth day as foreign funds cut their stakes in large companies such as Ayala Land Inc. and Philippine National Bank.