That decline reduced the company's stock market value by more than $9 billion.

The decline in Microsoft's share price has since reduced the offer's value by $2bn.

But the decline in the inflation rate has reduced union worries on this score.

The decline in the market did reduce the value of Giftrust's assets, though, by more than 19 percent, to $760.6 million.

That decline has reduced Merrill's stock market value by more than $8 billion, to about $37 billion.

"But the decline of the stock market could reduce interest rates, and that would encourage car sales," he said.

The decline in longer-term rates now is reducing their alternatives.

But a steady decline over the years reduced its status to that of a single-room-occupancy hotel.

The decline in interest reduced sponsorship money and job opportunities.

The decline in rate of descent will reduce the impact energy by almost 25% to lessen the potential for injury.