1.   Ameren also is expecting rate reductions in Illinois and Missouri that will lower earnings starting this year, company officials said.

2.   Although staff reductions were expected, Banespa employees were disappointed with the announcement.

3.   Analysts said the Northrop Grumman reductions were expected because Pentagon spending continues to drop.

4.   A similar or smaller reduction is expected in the current year.

5.   Cleberg said he would not expect big reductions in employees coming from the Farmland and Cenex merger.

6.   Earlier this week, the Bundesbank left German rates unchanged at record low levels, pushing widely expected reductions in borrowing costs further into the future.

7.   Economists still expecting rate reductions put their target date back to September or October, when the Bundesbank will have a better idea where inflation is headed.

8.   Electricidad said further reductions can be expected if the government delays approving its rate increase, or if the bolivar is devalued further.

9.   Even if there are no steals, most buyers here expect a reduction, or at least more bargaining room, said Mizani of Majestic Properties.

10.   He expects a reduction in short-term interest rates of a quarter point or more by no later than the end of January.