Pegasus Oil & Gas Inc. advises that it has filed its audited financial statements and related management's discussion and analysis for the year ended December 31, 2007 on www.pegasusoilgas.com and www.sedar.com. Certain selected financial and operational information for the year ended December 31, 2007 and the seven month period ended December 31, 2006 is set out below and should be read in conjunction with Pegasus' audited financial statements and related MD&A.

Sterling Resources Ltd. is pleased to announce its results for the year ended December 31, 2007. The net loss for the year was $1.8-million ($0.02 per common share) compared to $1.2 million ($0.01 per common share) in 2006. Capital spending for 2007 was $10.1 million compared to $30.1 million in 2006. Working capital at December 31, 2007 was $10.9 million compared to $21.1 million at December 31, 2006.

Richards Oil & Gas Limited, (TSX Venture: RIX) is pleased to report that it has filed on SEDAR (www.sedar.com) its audited financial statements and related Management's Discussion and Analysis of the results of operations and financial condition for the year ended December 31, 2007. As part of this release, the Company is also providing an update of its 2008 operations.

Google Inc. (NASDAQ: GOOG) today announced financial results for the quarter ended March 31, 2008 saying "our ongoing innovation in search, ads, and apps helped drive healthy growth globally across our product lines, yielding another strong quarter for Google," said Eric Schmidt, CEO of Google.

Knight Capital Group Inc posted a first-quarter profit that topped analysts' forecasts as a strong performance by its global markets segment offset losses at its asset management unit.

LVMH reported a 12 percent rise in comparable first-quarter sales and said it expected higher 2008 earnings.

Momentum continues to build for breakthrough Strategic IT Planning software

First Bank of Delaware (OTC Bulletin Board: FBOD), today reported first quarter 2008 earnings of $2,274,000 or $0.20 per diluted share, compared to $1,176,000 or $0.10 per diluted share for the comparable prior year period. Total shareholders' equity stood at $36,533,000 with a book value per share of $3.21 at March 31, 2008.

Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today reported preliminary earnings per diluted share (EPS) of $0.55 for the quarter ended March 31, 2008, compared to $0.50 reported for the quarter ended March 31, 2007, an increase of 10 percent. Federated's preliminary net income was $56 million for Q1 2008 compared to $52 million for Q1 2007, an increase of 8 percent. These results and explanations are preliminary and are subject to change.

Gerresheimer announces sales increase by 18.2% to EUR239.1m in the first quarter of 2008, operating result (Adjusted EBITDA) improves by 20.4% to EUR43.0m, integration of the acquisitions EDP and allplas progressing in line With plan.

Wachovia today announced a series of actions to further enhance its capital base and operational flexibility, and updated its credit reserve modeling to reflect greater emphasis on forecasted changes in customer behavior assuming continued house price depreciation. These actions include:

DuPont Co, an American chemical company, raised its profit forecast on Thursday, saying strong growth in its agriculture businesses and emerging markets should help offset weakness in U.S. housing and automotive markets.