11.   The auction house said it had guaranteed Mrs. Harriman a minimum price, regardless of how the bidding goes.

12.   The brokerage house said it would be adjusting its earnings estimates for Hoechst as a result of the development.

13.   The auction house says that it will try to sell the entire collection to an institution, which would be the best possible outcome.

14.   The large houses say the self-publishers pose no threat.

15.   The mainstream publishing houses say they are not threatened.

16.   The profit-sharing plan must clear several regulatory and tax hurdles before it is adopted, the Lazard houses said.

17.   The securities house also said the shares are expensive compared with other gaming companies.

18.   While some brokers are also certified planners, the brokerage houses say their in-house training programs are adequate.

19.   Paul Flamand, the co-founder of one of the biggest French publishing houses, Editions du Seuil, has died, the publishing house said Thursday.

20.   A local broking house said, given the current bearish equity market, CSM could consider buying strategic stakes in listed companies.