1. Analysts expect growth in telecommunications to offset weakness in industrial businesses in the second half. 2. But more than offsetting weakness in New York City-area manufacturing was strength in other kinds of business. 3. During the conference call, Joyce explained that earnings grew in the face of declining revenues because certain areas of strength offset those weaknesses. 4. Farmers, the Los Angeles-based property and casualty insurer, and Allied Dunbar, a U.K. life insurer, helped offset the weakness in Eagle Star. 5. Gains in those stocks offset weakness among bank shares. 6. Improved market conditions lifted proprietary trading at both banks, also helping to offset weakness in interest revenues. 7. Increased car and truck production in July offset weakness in other industries as automakers braced for a possible strike. 8. Increased car and truck production in July as automakers braced for a possible strike offset weakness in other industries. 9. Minnesota stocks rose for a fourth consecutive day, as strong gains in St. Jude Medical and Northwest Airlines Corp. offset weakness in technology stocks. 10. Other markets fared better, largely because strength in a handful of financial stocks and in oil shares partly offset weakness in technology and in drugs. |