It raised its earnings outlook andrecently increased its dividend

It raised its earnings outlook andrecently increased its dividend. PetSmart posted better-than-expected profit in the firstquarter, helped by a 9 percent jump in its merchandise salesand tight cost-controls. PetSmart's shares havenot followed the stock market rally since March, and now aretrading at 14 times the expected earnings for next year, belowthe market multiple of 16 times future earnings. In addition, the stock looks cheap, the weekly businesspublication said in its July 6 edition. The company -- which offers boarding, grooming and trainingservices for pets -- could benefit as American households areexpected to spend $45 billion on their pets this year, up 5percent from 2008, even as the country struggles with the worstrecession in decades.

* Spending on pets is expected to rise 5 percent in 2009 Stocks * Shares trade below market average ratio NEW YORK, July 5 (Reuters) - Specialty pet retailerPetSmart Inc's (PETM.O) shares could climb 29 percent in thenext year due to improved profit margins, a strong cash flowand an unmatched range of products, Barron's said. It's lasted a very long time," Ali said.(Additional reporting by Hadir Abbas; editing by Michael Christie and Tim Pearce) Green Business Turkey. That has turned our home into a desert," said Ayad Bader.Doctor Thamer al-Ali, the manager of Baghdad's Al-Kindi hospital, said Iraqi medical institutions were used to dealing with health problems caused by sandstorms."But the sandstorms used to last for a day, not like now. Water shortages make the land dry out and become more dusty.The fine windblown dust goes everywhere, filtering under doors and through windows to coat tables and desks, powder hair and leave an iron-like taste on tongues."There is too little water in the two rivers On top of that we've had so little rain in the last year. The inadequate flow of water down its once-mighty rivers, the Tigris and Euphrates, which are choked by dams in upstream countries like Turkey, has made things worse. If healthy people can't breathe, how can the children cope?" Eman um Ali, who had brought her asthma-suffering son for treatment, told Reuters Television.Iraq has long suffered blinding sandstorms, but several years of drought have aggravated the situation this year. This is the worst dust storm we have ever had in Iraq," said Doctor Jasib Lateef, operations manager at the Iraqi Health Ministry.

"A large number of people are turning up at emergency rooms at hospitals, challenging our resources."At least 300 people came to Baghdad's Ibn al-Nafees hospital with breathing difficulties on Sunday, a hospital official said."The weather has been dusty for a week. Hospital emergency rooms were packed with people complaining about breathing problems, officials said."We are on alert. Vice President Joe Biden to cancel plans to fly to Kurdistan and also interfered with the schedule of his meetings in Baghdad.It has caused numerous flight delays out of the Iraqi capital and this week delayed Iraq's first international bidding round for its oil fields since the 2003 invasion by a day.Many Baghdad shops stayed shut on Sunday, while police wearing masks directed thin streams of traffic through eerily misty streets. Green Business  |  TurkeyThe weeklong sandstorm forced visiting U.S. BAGHDAD (Reuters) - Hundreds of Iraqis are seeking medical help after one of the worst sandstorms in living memory stretched beyond a week on Sunday, choking throats, clogging eyes and afflicting asthma sufferers in particular. World  |  Barack ObamaThe law was submitted by Prime Minister Benjamin Netanyahu and Finance Minister Yuval Steinitz.It has been in the works since Netanyahu was prime minister the first time, in the 1990s, and is aimed at strengthening the central bank's independence.The ministry has two weeks to make revisions and then submit it to parliament for final approval.The cabinet's vote comes two weeks after Netanyahu was forced to settle a bitter dispute over supervision of Bank of Israel wages between the finance ministry and central bank The dispute had blocked the reforms from moving forward. For furtherinformation, visit http:// Healy, 0113 391 2929, .

JERUSALEM (Reuters) - Israel's cabinet approved a draft of a law on Sunday that would overhaul monetary policy and other decision-making by the Bank of Israel, the finance ministry said. For more information about the HCRC, pleasecontact: . Photos/Multimedia Gallery Available: http:// Ein Kerem HospitalRon Krumer, +rHadasitMarjie Hadad, +972-54-536-5220Media opyright Business Wire 2009. The staff at the 15 bed HCRC unit has years of experience workingwith local and international pharmaceutical, biotechnology, medical device andCRO companies, offering a complete package of services and facilities for drugand device clinical studies. The HCRCis a joint venture of the Clinical Pharmacology Unit of the Division of Medicineand Hadasit, the technology transfer company of Hadassah University Hospitals.Professor Yoseph Caraco, a clinical pharmacologist with an internationalreputation in clinical and laboratory research, leads a dedicated team ofprofessionals trained to conduct research with the highest internationalstandards.

Together with the Hebrew University,Hadassah runs five academic schools of medical professions. Hadassah treatseverybody, regardless of race, religion, gender, ethnicity or politicalpersuasion, and provides medical services to nearly one million people annually.About Hadassah Clinical Research CenterThe Hadassah Clinical Research Center (HCRC) is the Phase I Clinical Trial Unitof the Hadassah University Hospital located at The Hadassah Medical CenterHebrew University Biotechnology Park (JBP-Jerusalem BioPark) Ein-Kerem. With a 750 beds tertiary care referral hospital at Ein Keremand a 300 bed community hospital on Mt. Scopus, Hadassah University MedicalCenter in Jerusalem conductshalf of the hospitalresearch in Israel. The flagshipof Hadassah, the Women's Zionist Organization of America, which laid thefoundation of Israel's medical infrastructure, initiated and maintainseducational programs and youth institutions, and is the main supporter of TheHadassah Medical Center, which is committed to excellence in health care,medical research and medical education. About Hadassah University Medical CenterThe Hadassah University Medical Center () is astate-of-the-art medical center incorporating all medical and surgicalsub-specialties.