91.   On Thursday, the company said profits fell as it cut rates in response to growing competition.

92.   One of the reasons profits are seen falling short of expectations is the strengthening of the dollar, the Merrill analyst said.

93.   Operating profit fell in bulk electricity supply and the utility continued to lose money in its budding power generation business and its appliance retail venture.

94.   Other airlines, such as KLM and Lufthansa, have also warned of losses or profit falls.

95.   Other major companies reporting this week, including News Corporation Ltd., Pioneer International Ltd. and QNI Ltd., said their profits fell.

96.   Operating profit fell by an undisclosed amount.

97.   Pacific Telesis Group said profits fell because of increased competition in the market for short-haul long-distance calls in California.

98.   Per-share profit fell because of an increase in the number of shares outstanding.

99.   Philips also reported that profits had fallen significantly in its software and services group which includes Polygram Records.

100.   Pride International Inc. said third-quarter profit may fall below forecasts because of delays in drilling of oil wells off Brazil and South Africa.