- Property prices fell by an average 8.4 percent in thefirst quarter of the year on an annual basis due to thefinancial crisis which hit the real estate sector, the statsoffice data shows (Dnevnik, Monitor, Standart). - State gas monopoly Bulgargaz may cut deliveries toinsolvent steel mill Kremikovtzi after May 6 over the uncertainfuture of the plant, Bulgargaz's chief executive Dimitar Gogovsaid (Monitor, Standart, Klasa, 24 Chasa). BUSINESS PARI - Bulgaria's fuel distributor Petrol PETB.BB posted aprofit of 208 million levs ($138.6 million) for 2008 compared toa loss of 33 million levs a year earlier.. (Refiles to remove extraneous text) * Q1 EBITDA excl. items 8.82 bln Swedish crowns * Cuts revenue forecast for 2009 * Says prepared to cut capex if downturn worsens(Adds quote, detail) STOCKHOLM, April 24 (Reuters) - The Nordic region's biggesttelecom operator, TeliaSonera (TLSN.ST), posted on Fridaybetter-than-expected core earnings in the first quarter, but cutits sales guidance for the year.

TeliaSonera said there were signs of "changed customerbehaviour" in several of its markets and it was prepared to cutcapital expenditure if the economy continues to deteriorate. "Looking ahead, it is essential for TeliaSonera to reducecost especially in a period of increasing unemployment and wewill also continue to scrutinise ways to reduce capitalexpenditure to preserve a strong cash generation," ChiefExecutive Lars Nyberg said in a statement. The operator said earnings before interest, tax,depreciation and amortisation (EBITDA) excluding one-off itemsrose 14 percent to 8.82 billion Swedish crowns ($1.04 billion)from a year ago, compared with a mean forecast of 8.57 billionin a Reuters poll. It said revenues in local currencies and excludingacquisitions are expected to be around the same level in 2009compared with the previous year. It forecast in its lastquarterly report that net sales would increase. The first-quarter EBITDA margin excluding items was 32.4percent versus a forecast for 31.3 percent ($1=8.457 Swedish Crown) (Editing by Simon Jessop). On Friday May 2nd, 2008, something very important happened in Ashburn, Va.

New Washington Redskins head coach Jim Zorn opened his first practice. Whether you were happy with Owner Daniels Snyder's selection of Zorn as headcoach to replace Joe Gibbs really doesn't matter, it's done Now it's time to find out what Zorn is all about. What will the Redskins look like under Zorn? A number of reports have come from the "media throng" at Redskins Park and I have come to the following conclusion: Zorn is the right man for the job.Why? For one, I like what I am reading from the players. Not what they are saying but the way they seem to be saying things.