In Houston Astros terms of profit contribution however the

In discloses astros game used terms of craig biggio autographed baseball indicates profit contribution, however, the growth inhigher margins services would be enough to offset the continueddecline -- down 13.6 percent -- in corporate and carrier voicerevenue, Morgan Stanley said.(Editing by Victoria Bryan and Marie Maitre) ($1=.7030 Euro). MUMBAI, July 23 (Reuters) - India's Oil & Natural Gas Corp(ONGC.BO) said its net realisation after subsidy payouts fellto $58.25 per barrel in the June quarter from $69.13 a yearago. The state-run refiner said its gross realisation per barrelmore than halved to $60.58 per barrel from $125.83 a year ago,as crude prices came off sharply. "Colt's net cash pile of 243 million euros looks set to groweven if the business does not," it said in a note. Higher-margin data and managed services revenue grew by 2.9percent year-on-year in the quarter, down from 7.5 percent inthe first quarter. The bank said, however, that Colt was able to flex its capexbudget -- down to between 200 million and 250 million euros fromaround 300 million in 2008 -- showing it could cut spendingwhere it saw a lack of growth opportunities. We would expect 2010 also to be a year ofprogress." Morgan Stanley cut its EBITDA forecast for 2009 to 312million euros from 322 million to reflect lower sales growth.

Acting Chief Financial Officer Tony Bates also said thatalthough Colt was not guiding on 2010, it nonetheless expectedcore earnings to grow and revenue to be "flattish" astrosdaily . "2009 clearly is going to be a year when we're seeingprogress," he said "Right now we wouldn't think that wouldchange for 2010 craig biggio signed baseball . The Luxembourg-based group posted second-quarter sales of401.2 million euros and earnings before interest, tax,depreciation and amortisation (EBITDA) of 79.1 million euros, up3.4 percent year on year houston astros . Analysts had forecast average sales of417.8 million euros and core earnings of 78.7 million euros jeff bagwell . Colt shares, which hit a 10-month high on Monday, had fallen6.2 percent to 117 pence by 1150 GMT, while the European telecom.SXKP sector was up 0.2 percent. "Notwithstanding the current economic environment given thebroad resilience and increased strength of our business I amconfident we will report another year of progress for 2009," hesaid on a conference call with reporters. Colt's Chief Executive Rakesh Bhasin said data revenuegrowth had continued to slow, but the company was still seeingstrong growth in managed services revenue.

(Reporting by Jason Benham; Editing by Amran Abocar and Rupert Winchester) Saudi Arabia baseball tickets . * Q2 revenue down 3.6 pct, below analyst forecasts * Says full-year capex to be materially lower than in 2008 * Shares down 6.2 pct by 1155 GMT (Adds CEO, CFO comments, analyst reaction, shares) By Paul Sandle LONDON, July 23 (Reuters) - Colt Telecom (COLT.L) posted abigger-than-expected 3.6 percent dip in second-quarter salesamid slowing growth in demand for data services, sending sharesin the corporate telecoms specialist sharply lower craig biggio autographed baseball . Union National Bank reported net profit attributable to shareholders of303.9 million dirhams in the first quarter of this year The results were released after markets closed craig biggio signed baseball . The results fell short of two analyst forecasts in a Reuters survey earlierthis month . [ID:nL6284026] The bank made a net profit of 575.26 million dirhams in the first half ofthe year, compared with 764.58 million dirhams a year earlier, it said. The lender said it has limited exposure to Saudi Arabia's troubled Algosaibigroup, and had taken adequate provisions, but it had no exposure to Saad Group[SAADG.UL]. Net impairment losses rose to 76.2 million dirhams in the second quarterfrom 29 million dirhams in the first quarter, the statement said.