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Today 256 articles about Russia appeared worldwide
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 RUSSIA IN FACTS |
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Brunswick UBS lowers recommendation on Gazprom ADR
Brunswick analysts expect the price of the ADR to reach $30 in a
year (the ADR were trading at $24.5 at 6:45 p.m., Moscow time, in
MOSCOW. Oct 22 (Interfax) - Brunswick UBS has lowered its recommendation for Gazprom ADR from buy to hold due to
strong growth of 39% over the past month.
London on Wednesday).
Gazprom released consolidated results for the first quarter of 2003 to international accounting standards on October
17. Net profit reached 55.97 billion rubles, against losses of 4.32 billion rubles in the first quarter of 2002.
Brunswick forecasts EBITDA of $11.919 billion in 2003, earnings of $25.844 billion and net profit of $6.085. [RU ASIA
EUROPE EEU EMRG ENR STX CORA] me
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