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International Herald Tribune
Business: RenCap Cuts RTS '08 Target to 2,350
Renaissance Capital on Monday slashed its year-end forecast for the benchmark RTS Index from 3,000 to 2,350 and increased its equity risk premium for the country from 4 percent to 5.5 percent in a sign of continued investor jitters.
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| Friday, August 29, 2008
Updated at 29 August 2008 1:59 Moscow Time. | |
| The Moscow Times » Issue 3804 » Business |
VTB Beats Forecasts as Net Rises 29%11 December 2007The country's second-largest bank, VTB, on Monday posted a 28.8 percent rise in net profit for the first nine months of 2007, beating analyst forecasts, and said profit for the full year would grow by 10 percent to 15 percent. |
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