Bloomberg
BRIC Investors Losing as Statists Forgo Earnings
Bloomberg
Gazprom depositary receipts in London were unchanged, while Coal India shares lost 0.7 percent in Mumbai. Policy makers have become more willing to compel state- owned companies to support growth after government-directed lending and investment in

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Ukrainian News Agency
Russia Offers Ukraine 10-Percent Reduction In Gas Price
Ukrainian News Agency
At the same time he noted the Naftohaz Ukrainy national joint stock company was negotiating the issue with Gazprom. As Ukrainian News earlier reported, on February 20 Sergei Naryshkin, Chairman of the State Duma of the Russian Federation Lower Chamber)

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Bloomberg
BRIC Investors Losing as Statists Forgo Earnings for Economy
Bloomberg
The Stockholm-based firm owns Gazprom shares in part because they're “cheap” and the company may return more cash to investors by raising its dividend, Abromavicius said. Russia's gas-export monopoly trades for 3.6 times reported profit,

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Bloomberg Australia-NZ
BRIC Investors Losing as State Companies Forgo Earnings Amid Slower Growth
Bloomberg Australia-NZ
The Stockholm-based firm owns Gazprom shares in part because they're “cheap” and the company may return more cash to investors by raising its dividend, Abromavicius said. Russia's gas-export monopoly trades for 3.6 times reported profit,

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BRIC Investors Losing as State Companies Forgo Earnings Amid Slower Growth
Bloomberg
The Stockholm-based firm owns Gazprom shares in part because they're “cheap” and the company may return more cash to investors by raising its dividend, Abromavicius said. Russia's gas-export monopoly trades for 3.6 times reported profit,

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Investors in the biggest state- controlled companies are being punished with the lowest valuations in six years by emerging-market leaders putting public services ahead of shareholder profits as economies slow.

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Putin Favored Spurring SocGen to Recommend Buying Calls: Russia Overnight
Bloomberg
The 30-stock Micex, which was little changed at 1598.83 yesterday, trades at 6.3 times analysts' earnings estimates for member companies. That's cheaper than Hungary at 9.4 times, Turkey at 9.6 and Egypt's multiple of 8.4. Gazprom (OGZPY) ADRs trade at

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Apple's value reaches $500 billion
Khaleej Times
Apple posted net income last quarter of $13.1 billion, one of the highest quarterly profits on record, putting it in the same league as energy companies such as Exxon and Moscow-based OAO Gazprom, data compiled by Bloomberg show. Per-share profit of

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iPhone-maker Apple's valuation tops $500bn
Times of India
Apple posted net income last quarter of $13.1 billion, one of the highest quarterly profits on record, putting it in the same league as energy companies such as Exxon and Moscow-based OAO Gazprom, data compiled by Bloomberg show. Per-share profit of

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 6 Cavendish Square, London W1G 0PD, England, UK Tel: +44 (0)20 7323 4464, Fax: +44 (0)20 7323 5258 Web site: http://www.jkx.co.uk 1 March 2012 JKX OIL ∓ GAS plc ("JKX") ANNOUNCES RUSSIAN …

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