1
 INSURERS ARE FACING billions of dollars in damage claims from the California quake.
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Contrast

2
 But most businesses in the Bay area, 
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span

3
including Silicon Valley, 
2
example-e

4
weren't greatly affected.
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Same-Unit

5
 Computer and software companies in the region are expecting virtually no long-term disruption in shipments.
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interpretation-s

6
 Also, investors quickly singled out stocks of companies 
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7
expected to profit or suffer from the disaster.
6
elaboration-object-attribute-e

8
 Leveraged buy-outs may be curbed by two rules in pending congressional legislation.
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9
 The provisions, in deficit-reduction bills 
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10
recently passed by the House and Senate, 
9
elaboration-object-attribute-e

11
could raise the price tags of such deals by up to 10% 
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Consequence

12
and cool the takeover boom. 
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Consequence

13
 A bill 
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14
giving the Transportation Department the power 
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15
to block airline leveraged buy-outs 
14
elaboration-object-attribute-e

16
cleared a House panel.
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17
 But Secretary Skinner said 
18
attribution

18
he would urge Bush to veto the bill.
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span

19
 Housing starts sank 5.2% in September to a seven-year low.
5022
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20
 The drop, 
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21
following a 6.2% decline in August, 
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temporal-after-e

22
indicates 
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23
the industry is still being hurt by the Fed's anti-inflation battle. 
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24
 IBM plans to buy back $1 billion of its common shares, a move 
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25
likely to help the computer giant's battered stock.
24
elaboration-object-attribute-e

26
 The buy-back, 
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which wasn't a complete surprise, 
26
elaboration-additional-e

28
was announced 
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29
after the stock market had closed.
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temporal-after

30
 A capital-gains tax cut plan has been worked out by Senate Republicans.
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Comparison

31
 A similar proposal may be introduced soon by Senate Democrats.
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Comparison

32
 British Airways said 
33
attribution

33
it is seeking improved terms and a sharply lower price in any revised bid for United Air's parent.
5029
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34
 The British carrier also confirmed 
35
attribution

35
it isn't committed to going forward with any new bid.
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36
 UAL's stock fell $6.25, to $191.75. 
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consequence-s

37
 Stock prices rose slightly 
5033
span

38
as trading slowed, 
37
circumstance

39
while bonds ended little changed 
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span

40
despite a slumping dollar.
39
antithesis

41
 The Dow Jones industrials gained 4.92, to 2643.65.
5035
elaboration-general-specific

42
 But investors remain wary about stocks,
5046
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43
 partly because of turmoil in the junk-bond market.
42
consequence-n

44
 B.A.T Industries may delay part of its defensive restructuring plan, 
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span

45
including the sale of its Saks Fifth Avenue and Marshall Field units.
44
elaboration-general-specific-e

46
 The British conglomerate cited the recent turmoil in financial markets.
5039
reason

47
 WCRS Group announced a major restructuring 
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span

48
that largely removes it from the advertising business.
47
elaboration-object-attribute-e

49
 The London-based concern will sell most of its ad unit to France's Eurocom.
5041
elaboration-general-specific

50
 Commodore International expects to post its second consecutive quarterly loss 
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span

51
because of weak personal computer sales in some markets.
50
consequence-n

52
 Jaguar hopes to reach a friendly accord with General Motors within a month 
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span

53
that may involve producing a cheaper executive model.
52
elaboration-general-specific-e

54
 Sears is negotiating to refinance its Sears Tower for close to $850 million, 
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span

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sources said.
54
attribution

56
 The retailer was unable to find a buyer for the building.
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consequence-n

57
 Whitbread of Britain put its spirits division up for sale, 
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span

58
setting off a scramble among distillers.
57
consequence-s

59
 The business includes Beefeater gin.
5049
elaboration-general-specific

60
 Markets -- 
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span

61
 Stocks: 
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span

62
Volume 166,900,000 shares.
5052
span

63
 Dow Jones industrials 2643.65, up 4.92; transportation 1247.87, off 6.40; utilities 213.97, off 0.57. 
62
elaboration-general-specific

64
 Bonds: 
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span

65
Shearson Lehman Hutton Treasury index 3371.36, off
64
elaboration-general-specific

66
 Commodities: 
5056
span

67
Dow Jones futures index 129.90, up 0.18; spot index 130.36, up 0.39. 
66
elaboration-general-specific

68
 Dollar: 
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Comparison

69
141.45 yen, off 1.30; 1.8485 marks, off 0.0182. 
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Comparison

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