lower.01
frames- [ARGM-TMP In mid-October] , [ARG0 Time magazine] [rel lowered] [ARG1 its guaranteed circulation rate base for 1990] [ARGM-TMP while *-1 not increasing ad page rates] ; with a lower circulation base , Time 's ad rate *ICH*-2 will be effectively 7.5 % higher per subscriber ; a full page in Time costs about $ 120,000 *U* .
- Wine merchants ca n't keep Roederer Cristal in stock , but [ARG0 they] have *-1 to push Salon le Mesnil , *-2 [ARGM-DIS even] [rel lowering] [ARG1 the price] from [ARG3-from $ 115 *U*] to [ARG4-to $ 90 *U*] .
- Mr. van Dover said 0 the crystal changes 0 his team introduced *T*-1 apparently pins the magnetic fields in place , * preventing [ARG0 them] from *-3 [rel lowering] [ARG1 current-carrying capacity] .
- Wall Street 's big securities firms face the prospect of * having [ARG1 their credit ratings] [rel lowered] .
- But Moody 's warned that [ARG1 Shearson 's commercial paper rating] [ARGM-MOD could] be [rel lowered] *-1 [ARGM-TMP soon] , [ARGM-ADV a move that *T*-2 would reduce Shearson 's profit margins on its borrowings and signal trouble ahead for other firms] .
- [ARG0 Standard & Poor 's Corp.] [rel lowered] to [ARG4-to double-C] from [ARG3-from triple-C] [ARG1 the rating on about $ 130 million *U* of debt] .
- Anxiety is rising over recent government proposals [ARG0 *] to [ARGM-TMP eventually] [rel lower] [ARG1 the strict barriers that *T*-44 now separate -- and protect -- the two industries from each other] .
- Moody 's Investors Service Inc. said 0 [ARG0 it] [rel lowered] [ARG1 the ratings on about $ 3.2 billion *U* of Houston Lighting & Power Co. 's securities] [ARGM-CAU because of the company 's low levels of interest coverage and internal cash generation] .
- [ARG0 It] refinanced the judge 's loan , [rel lowered] [ARG1 its interest rate] and accepted a trade-in that *T*-172 had n't originally been part of the deal -- a beat up 1981 Chevy Citation 0 the dealer had *-2 to repair *T*-1 before it could be resold *-140 .
- [ARG0 The bank] , he wrote back 0 *T*-1 , was `` [ARGM-TMP immediately] '' [rel lowering] [ARG1 the rate] by [ARG2-by 3.5 %] , `` [ARGM-MNR as a concession to you] . ''
- The Soviets hope 0 a trade agreement would give them [ARG0 Most-Favored Nation status] , which *T*-260 [ARGM-MOD would] [rel lower] [ARG1 the tariffs on Soviet exports to the U.S.] .
- For the PRI to stand a chance , Mr. Salinas has *-2 to press on with [ARG0 an economic program] that so far *T*-1 has succeeded in *-3 [rel lowering] [ARG1 inflation] and providing moderate economic growth .
- [ARG0 Other Senators] want *-1 to [rel lower] [ARG1 the down payments required * on FHA-insured loans] .
- The upgrade reflected the 20 % decline in shares of the bank since [ARG0 the firm] [rel lowered] [ARG1 its rating] [ARGM-TMP in early October] , [ARGM-CAU based on the belief 0 the stock had become expensive] .
- Economists said 0 the report raised speculation that the economic slowdown could turn into a recession , which *T*-151 would pave the way 0 for [ARG0 the Federal Reserve] to [rel lower] [ARG1 interest rates] *T*-1 .
- The city 's Department of Consumer Affairs charged [ARG0 Newmark & Lewis Inc.] with * failing *-1 to deliver on its promise of * [rel lowering] [ARG1 prices] .
- In a civil suit commenced in state Supreme Court in New York , the agency alleged that [ARG0 the consumer-electronics and appliance discount-retailing chain] engaged in deceptive advertising by *-2 claiming *-1 to have `` [rel lowered] [ARG1 every price on every item] '' [ARGM-MNR as part of an advertising campaign that *T*-165 began June 1] .
- Moody 's Investors Service Inc. said 0 [ARG0 it] [rel lowered] [ARG1 ratings on long-term debt of CS First Boston Inc. , the holding company of Wall Street giant First Boston Corp.] , [ARGM-CAU because of First Boston 's `` aggressive merchant banking risk '' in highly leveraged takeovers] .
- In addition , Moody 's said 0 [ARG0 it] downgraded Financiere Credit Suisse-First Boston 's senior and subordinated Swiss debt to single-A-2 from single-A-1 and [rel lowered] [ARG1 Financiere CSFB N.V. 's junior subordinated perpetual Eurodebt , guaranteed * by Financiere Credit Suisse -- First Boston] , to [ARG4-to single-A-3] from [ARG3-from single-A-2] .
- But Western Union has said 0 [ARG0 it] [ARGM-MOD must] [rel lower] [ARG1 the interest rate on its debt] [ARGM-PNC *-1 to regain full financial health] .
- But some time ago , researchers discovered that [ARG0 soluble fibers] [ARGM-DIS also] [rel lower] [ARG1 cholesterol levels in the blood] .
- It also ordered P&G to produce more studies 0 *T*-1 to buttress its claims that [ARG0 Metamucil] [ARGM-MOD can] [rel lower] [ARG1 cholesterol] .
- [ARG0 Standard & Poor 's Corp.] [rel lowered] [ARG1 the rating on Crossland 's preferred stock] to [ARG4-to double-C] from [ARG3-from single-B-minus] and placed it on CreditWatch for possible further downgrade .
- `` Global warming means [ARG0 higher tides] which *T*-1 [ARGM-MOD will] [rel lower] [ARG1 Venice] by [ARG2-by another 23 inches] [ARGM-TMP in the next 100 years] , '' Giovanni Cecconi of the the New Venice Consortium said *T*-2 .
- And *-2 to protect their reduced capital investment from *-4 eroding further , [ARG0 market makers] became quicker *-2 to [rel lower] [ARG1 price quotes] [ARGM-TMP when sell programs are in progress *T*-3] .
- [ARGM-TMP Last week] [ARG0 Mr. Adler] [rel lowered] [ARG1 his rating] from [ARG3-from hold] to `` [ARG4-to avoid] '' [ARGM-LOC on Boise Cascade , Champion International , Great Northern Nekoosa , International Paper , Louisiana Pacific and Weyerhaeuser] .
- Mr. Palmero recommends Temple-Inland , *-1 explaining that [ARG0 it] is `` virtually the sole major paper company not undergoing a major capacity expansion , '' and thus should be able *-2 to [rel lower] [ARG1 long-term debt] [ARGM-MNR substantially] [ARGM-TMP next year] .
- [ARGM-TMP Then] , [ARGM-TMP after * extending its offer four times *-1 waiting for a congressional tax ruling] , [ARG0 IMA] [ARGM-TMP early this month] [rel lowered] [ARG1 its offer] to [ARG4-to $ 26.50 *U* a share] [ARGM-LOC amid turbulence in the junk bond market] .
- [ARG1 Margins] were raised or [rel lowered] *-1 [ARG2-EXT about a dozen times] [ARGM-TMP since the crash Oct. 19 , 1987] .
- [ARG1 Margins on the futures exchanges] [ARGM-TMP typically] are raised and [rel lowered] *-1 [ARGM-MNR according to market volatility] .
- That is another small encouragement for [ARG0 the Federal Reserve] to [rel lower] [ARG1 interest rates] [ARGM-TMP in coming weeks] , they reasoned 0 *T*-1 .
- James Fallon , a New Providence , N.J. , marketing consultant to the chemicals industry , says 0 Du Pont still holds an edge in *-1 making the pigment because the company was `` first in with [ARG0 the technology] '' 0 *T*-2 to [rel lower] [ARG1 costs] .
- The profit gain was made *-1 despite a weakening in the housing market , for which the company is a supplier *T*-4 , and [ARG0 a strengthening] in the dollar , which *T*-3 [rel lowers] [ARG1 the value of overseas earnings when they are translated *-2 into dollars *T*-5] .
- Many analysts are expecting [ARG0 the Fed] to [rel lower] [ARG1 interest rates] [ARGM-TMP at least once more] [ARGM-TMP before the end of the year] .
- Beghin-Say S.A. said that [ARG0 it] plans *-1 to sell its remaining paper operations by the end of January as part of a drive * to refocus on the food sector and [rel lower] [ARG1 its debt] .
- Its third-quarter earnings were lower than analysts had forecast *?* , and the company said 0 [ARG0 it] had [rel lowered] [ARG1 its projections for earnings growth through the end of 1990] [ARGM-CAU because of planned price cuts] .
- But when the high court ruled in the Webster case in July *T*-1 , [ARG0 the president] began *-2 to [rel lower] [ARG1 the volume] .
- '' By [ARG0 *-2] [rel lowering] [ARG1 prices] [ARGM-LOC throughout its stores] , she says *T*-1 , `` Sears has the right idea . ''
- Now bond investors are looking toward next week 's report from national purchasing managers and the government 's October employment report as *-1 potentially prompting [ARG0 the Fed] to [rel lower] [ARG1 rates] .
- And then [ARG0 it] will be required *-1 to [rel lower] [ARG1 taxes] by [ARG2-by a corresponding amount] [ARGM-TMP during a three-year period] [ARGM-TMP after the temporary tax increase ends] , said 0 *T*-2 Cindy Katz , assistant director of the state department of finance .
- [ARG0 Some] , [ARGM-DIS however] , [rel lowered] [ARG1 yields] [ARGM-MNR significantly] .
- They 've been able *-1 to measure the minuscule movements of the artery wall as [ARG0 the beating heart] raises and [rel lowers] [ARG1 the pressure of the flowing blood] , a first for such tiny blood vessels , they report 0 *T*-2 in Nature , a scientific journal .
- Japan , the world 's third-largest liquor market after the U.S. and Britain , helped American companies in April when [ARG0 it] [rel lowered] [ARG1 its tax on imported spirits] and levied a tax on many domestic products *T*-1 .
- California wineries , benefiting from [rel lowered] [ARG1 trade] barriers and federal marketing subsidies , are expanding aggressively into Japan , as well as Canada and Great Britain .
- Housing and Urban Development Secretary Jack Kemp called on [ARG0 the Federal Reserve System] *-1 to [rel lower] [ARG1 interest rates] .
- [ARG0 The Fed] recently eased credit by *-1 [rel lowering] [ARG1 the bellwether federal funds interest rate] to [ARG4-to 8 3\/4 %] from [ARG3-from about 9 %] .
- As [ARG1 interest rates paid depositors *] were [rel lowered] *-1 , thrift withdrawals exceeded deposits by $ 5.1 billion *U* , not including interest credited * to accounts .
- If this thesis is correct , it has important implications for macroeconomic policies : [ARG0 It] [ARGM-MOD may] [rel lower] [ARG1 the sense of urgency behind efforts 0 *T*-1 to enact tax incentives and other measures 0 *T*-2 to increase the rate of growth in productivity and real GNP] .
- Moody 's Investors Service Inc. said 0 [ARG0 it] [rel lowered] [ARG1 the debt ratings of certain long-term debt held * by this company] .
- Meanwhile , [ARG0 the exchange] has been trying *-1 to [rel lower] [ARG1 costs] .
- [ARG0 Merrill Lynch and Prudential-Bache Securities] both [rel lowered] [ARG1 the stock 's investment rating] [ARGM-TMP immediately after the results were issued *-1 Friday] , [ARGM-DIS according to PIR] .
- Such news is good for bonds because economic weakness sometimes causes [ARG0 the Federal Reserve] to [rel lower] [ARG1 interest rates] [ARGM-MNR in an effort * to stimulate the economy and stave off a recession] .
- One indication of a growing number of junk defaults , Mr. Asquith says 0 *T*-3 , is that about half of the $ 3 billion *U* of [ARG1 corporate bonds outstanding] that *T*-2 have been [rel lowered] *-1 to [ARG4-to a default rating] by [ARG0-by S&P] [ARGM-TMP this year] are junk bonds sold * during the market 's big issue years of 1984 through 1986 .
- [ARG0 A group including Gene E. Phillips , former chairman of Southmark Corp. , and William S. Friedman , former vice chairman of Southmark ,] [rel lowered] [ARG1 its stake in the Dallas real estate concern] to [ARG4-to 7.7 %] , according to a filing with the Securities and Exchange Commission .
- [ARG0 Owners , largely complacent in the past ,] are now almost desperately looking for ways 0 * to [rel lower] [ARG1 costs] and raise revenue *T*-1 -- * embracing some revolutionary ideas in the process .
- [ARGM-DIS Separately] , [ARG0 Standard & Poor 's Corp.] [rel lowered] [ARG1 its ratings on Valley National Corp. 's senior debt] to [ARG4-to double-B] from [ARG3-from double-B-plus] , [ARGM-ADV * affecting about $ 300 million *U* of long-term debt] .
- [ARG0 S&P] [ARGM-DIS also] [rel lowered] [ARG1 ratings on unsecured deposits and issues backed * by a letter of credit from the bank holding company 's principal unit , Valley National Bank of Arizona] .
- Economists generally agree that [ARG1 the rate] was [rel lowered] *-1 by [ARG0-by the Fed] from [ARG3-from around 9 % , where it had been since July *T*-2 ,] to [ARG4-to about 8 3\/4 % in early October] [ARGM-LOC on the heels of a weak employment report] .
- Mr. Stein said 0 tighter operating controls have enabled [ARG0 Ekco] to reduce inventory levels 25 % to 30 % *U* ; improve on-time delivery of orders to about 95 % from around 70 % ; and to [rel lower] [ARG1 the number of labor hours required * *-1 to produce a unit] .
- Moody 's Investors Service Inc. said 0 [ARG0 it] [rel lowered] [ARG1 the ratings of some $ 145 million *U* of Pinnacle debt] [ARGM-CAU because of `` accelerating deficiency in liquidity , '' which it said 0 *T*-2 was evidenced *-1 by Pinnacle 's elimination of dividend payments] .
- The rating agency said 0 [ARG0 it] [rel lowered] [ARG1 the ratings on $ 75 million *U* of the holding company 's convertible subordinated Eurodebentures] to [ARG4-to B-3] from [ARG3-from B-1] .
- Moody 's said 0 [ARG0 it] [ARGM-DIS also] [rel lowered] [ARG1 the ratings of $ 70 million *U* of Pinnacle 's MeraBank thrift unit long-term deposits] to [ARG4-to B-3] from [ARG3-from B-2] , and on its subordinated debt to Ca from Caa .
- Paper and forest-products stocks declined after [ARG0 Smith Barney , Harris Upham & Co.] [rel lowered] [ARG1 investment ratings on a number of issues in the two sectors] , [ARGM-CAU based on a forecast that pulp prices will fall sharply] .
- [ARG0 Analysts] have [ARGM-TMP continually] [rel lowered] [ARG1 their earnings estimates for the company] , and their outlook , at least for the short term , is bleak .
- `` If that gets people excited , it could serve as an impetus *ICH*-2 to the fixed-income markets [ARG0 *] to [rel lower] [ARG1 their rates] , '' he added *T*-1 .
- The bursts often occur , they said 0 *T*-1 , after [ARG0 they] `` perturbed '' the experiments by *-2 raising or [rel lowering] [ARG1 the amount of electric current being applied *] , or switching the current off and on .
- On the other hand , Symbol Technologies dropped 1 1\/4 to 18 1\/2 after [ARG0 Shearson Lehman Hutton] [rel lowered] [ARG1 its short-term investment rating on the stock and its 1989 earnings estimate] , and Commodore International fell 7\/8 to 8 after the company said 0 it expects *-1 to post a loss for the September quarter .
- [ARG0 Merrill Lynch] [rel lowered] [ARG1 its short-term rating on the stock and its estimate of 1990 earnings] , [ARGM-ADV *-1 citing a sales slowdown in the company 's credit-rating business] .
- [ARG0 It] [ARGM-DIS also] [rel lowered] [ARG1 some air fares] .
- -LRB- [ARG0 Airlines] are [ARGM-NEG n't] [rel lowering] [ARG1 fares to Northern California] [ARGM-TMP following this week 's earthquake] , but reservation agents can waive advance-purchase restrictions on discount fares for emergency trips . -RRB-
- For those investors who *T*-3 believe -- or fear -- that 1990 will be a recession year , many economists and money managers agree on [ARG0 steps] that *T*-4 can be taken *-1 * to [rel lower] [ARG1 the risks in a portfolio] .
- If [ARG1 a bank 's credit rating] was [rel lowered] *-1 [ARGM-CAU because of , say , its loans to Third World nations] , that could also affect the ratings , liquidity and prices of the asset-backed issues that the bank supports *T*-2 .
- Moody 's Investors Service said 0 [ARG0 it] [rel lowered] [ARG1 its rating on about $ 75 million *U* of this Chatsworth , Calif. , concern 's convertible subordinated debentures , due 2012 ,] to [ARG4-to Caa] from [ARG3-from B2] .
- Moody 's Investors Service Inc. said 0 [ARG0 it] [rel lowered] [ARG1 its rating on about $ 400 million *U* of this bank holding company 's senior debt] to [ARG4-to B2] from [ARG3-from Ba3] .
- [ARG0 Raymond James & Associates in St. Petersburg , Fla. ,] [rel lowered] [ARG1 its third-quarter earnings estimate for the company] , according to Dow Jones Professional Investor Report .
- Speculation that [ARG0 the Federal Reserve] [ARGM-MOD will] [rel lower] [ARG1 interest rates] [ARGM-TMP in coming weeks] helped push the dollar down while *-1 boosting stocks , traders said 0 *T*-2 .
- [ARG0 An investment group led * by Chicago 's Pritzker family] [ARGM-TMP recently] [rel lowered] [ARG1 a $ 3.35 billion *U* bid for American Medical International , Beverly Hills , Calif. ,] [ARGM-CAU because of the threat of the legislation] .
- [ARG0 Analysts at several brokerage firms] [rel lowered] [ARG1 their 1989 and 1990 earnings estimates on the company] [ARGM-TMP after its third-quarter results proved disappointing] .
- But researchers say 0 [ARG0 the drug , called * FK-506 ,] could revolutionize the transplantation field by * reducing harmful side effects and by * [rel lowering] [ARG1 rejection rates] .
- [ARG0 Mr. Jobs] moved *-1 to remedy a couple of his computer 's drawbacks yesterday by *-2 [rel lowering] [ARG1 the entry-level price for a Next machine] by [ARG2-by $ 1,500 *U* , or 23 % ,] [ARGM-ADV if the buyer chooses a hard-disk drive as an alternative to Next 's optical-storage device] .
- The new reports of sluggishness , which *T*-2 were foreshadowed *-1 by an earlier Labor Department report that manufacturing payrolls dropped by 105,000 in September , give [ARG0 the Fed] another reason * to further ease its grip on credit and [rel lower] [ARG1 interest rates] .
- But [ARG1 the warranty on simpler parts] [ARGM-MOD would] be [rel lowered] *-1 to [ARG4-to two years or 24,000 miles] .
- Moody 's Investors Service Inc. said 0 [ARG0 it] [rel lowered] [ARG1 ratings on about $ 650 million *U* of Beatrice Co. debt] , * citing the closely held Chicago food concern 's proposed recapitalization .
- Judge Masaaki Yoneyama told the Osaka District Court 0 Daikin 's `` responsibility is heavy because [ARG0 illegal exports] [rel lowered] [ARG1 international trust in Japan] . ''
- [ARG0 Taco Bell] has turned around declining customer counts by * [ARGM-TMP permanently] [rel lowering] [ARG1 the price of its tacos] .
- Officials familiar with the talks said 0 [ARG0 Citicorp] had discussed *-2 [rel lowering] [ARG1 the offer] to [ARG4-to $ 250 *U* a share] , but said 0 that price was a talking point and that no decision has been made *-1 .
- Mr. Hingorani said 0 [ARG0 he] [rel lowered] [ARG1 his full-year estimates for 1989] to [ARG4-to $ 5.35 *U* a share] from [ARG3-from $ 5.50 *U* a share] .
- Lots of other entries *ICH*-2 made up the parade , of course -- notably a surprisingly large increase in producer prices , signalling Federal Reserve tightness ; and [ARG0 the Bush administration 's] -LRB- temporary ? -RRB- defeat in * trying *-1 to [rel lower] [ARG1 the capital-gains tax] .
- [ARGM-TMP Until this year] , [ARG0 the company] had been [ARGM-MNR steadily] [rel lowering] [ARG1 its accident rate] and picking up trade-group safety awards .
- [ARGM-MNR By *-1 lifting ethylene production] , [ARG0 the expansion] [ARGM-MOD will] [ARGM-DIS also] [rel lower] [ARG1 the company 's raw material costs] .
- [ARG0 The company] is praised *-1 by analysts for *-1 [ARGM-MNR sharply] [rel lowering] [ARG1 its costs] [ARGM-TMP in recent years] and shedding numerous companies with low profit margins .
- [ARG0 Time magazine] , [ARGM-LOC in a move 0 *T*-1 to reduce the costs of * wooing new subscribers] , is [rel lowering] [ARG1 its circulation guarantee to advertisers] [ARGM-TMP for the second consecutive year] , increasing its subscription rates and cutting back on merchandise giveaways .
- However , because [ARG1 the guaranteed circulation base] is being [rel lowered] *-1 , ad rates will be effectively 7.5 % *ICH*-2 higher per subscriber , according to Richard Heinemann , Time associate publisher .
- [ARGM-ADV *-1 Anticipating the Fed 's move] , [ARG0 money traders] [rel lowered] [ARG1 a key interest rate known * as the Federal Funds rate] to [ARG4-to 8.625 % *ICH*-2] [ARGM-TMP late Friday] , down from [ARG3-from 8.820 % the day before] .