1.   Although such gains reflect a flourishing stock market, prices could be due for an adjustment when interest rates change, analysts said.

2.   Although those gains certainly reflect the able administration of pension fund assets, the profits are less reliable than income from continuing operations.

3.   All the gains reflect seasonal patterns.

4.   Its gain reflected the sudden reversal in technology fortunes, brought on by prospects of increased government spending on national defense and security.

5.   More than half the gain reflected a calendar shift that stretched the quarter an additional week, into May.

6.   Pittsburgh-based Mellon said the earnings gain reflected increased revenue from loans and higher fees from its Dreyfus mutual funds and mortgage-servicing units.

7.   Revenue gains largely reflected higher prices from increased material costs.

8.   Some in the trade said the gains reflected speculation China soon would buy more U.S. wheat.

9.   The CAW argues the productivity gains reflect longer hours and understaffing.

10.   The crude stockpile gain may also reflect a drop in production, as some refiners reduced operations for scheduled maintenance, traders said.