Financial Times (blog)

CEE markets wrap: Turkey hits record high Financial Times (blog) Gazprom matched the market; the company announced first-quarter profits of $10.60, beating expectations as forex gains outweighed a drop in sales. …

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Russia Roundup: Coca Cola to Acquire Siberian Juice Company Minyanville.com Gas giant Gazprom beat analysts' estimates with its (very late) first quarter 2010 earnings report, racking up a whopping $10.6 billion in profit. … and more »

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Sector Update: Energy NASDAQ Gazprom (GAZP) said it expects net debt to continue to decrease during the course of the year. The Russian energy giant lowered its expectation of gas sales …

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High leverage factor with global economy taking heavy toll on BRICHigh leverage factor with global economy taking heavy toll on BRIC

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While investors favor mutual funds with four-or five-star ratings, there may be hidden gems in some of the lower-rated funds. “Just because a fund’s been underperforming doesn’t mean it’s not worth owning,” says one pro.

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Sector Update: Energy Up, Petrobras Pays Brazilian Government $42.5B in Stock… NASDAQ Gazprom (GAZP) said it expects net debt to continue to decrease during the course of the year. The Russian energy giant lowered its expectation of gas sales … and more »

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ENERGY MARKETS REPORT INCLUDING: Oil production in Alaska fell 4.4% to 550252 … Proactive Investors UK Tullow said it would reimburse pro-rata past costs in each block and pay Africa Oil's future costs up to USD 23.75mln Gazprom saw its profit for the first … and more »

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Asian stocks rise to two-week high on US manufacturing data; Canon gains. Australia Q2 GDP grows 1.2% – fastest pace in three years. Bernanke, Bair to present views of crisis to inquiry panel. Brazil holds rate at 10.75%, meeting expectations. Economy seen avoiding recession relapse as US data can’t get much worse: Survey. Indian sugar production may jump 38% next year on higher planting, rains …

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MOSCOW–(BUSINESS WIRE)–FOR IMMEDIATE RELEASE NOVATEK BOARD OF DIRECTORS ANNOUNCES EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS Moscow, 2 September 2010. The Board of Directors (the “Board”) of OAO NOVATEK (“NOVATEK”) has approved the decision to convene an Extraordinary General Meeting of Shareholders (EGM). The Board has approved the following agenda for the EGM: 1. Approval of the …

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NRCU – Ukrainian Radio

Ukraine plans to increase gas transit rate NRCU – Ukrainian Radio Under the gas contracts signed between the national joint-stock company Naftogaz of Ukraine and Russia's Gazprom on April 21, Naftogaz makes payments for … and more »

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