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Sentry Select Capital Corp. and Strategic Energy Fund: Strategic Energy Fund (TSX: SEF.UN) Amends Announcement of Monthly Distribution for December 2008
TORONTO, ONTARIO and CALGARY, ALBERTA (MARKET WIRE) Strategic Energy Management Corp. (the 'Manager') announces that Strategic Energy Fund's (the 'Fund') (TSX: SEF.UN) cash distribution for December 2008 will be C$0.06 per unit.
Market Wire

Reed Faces Challenge in Selling Unit
Reed Elsevier could find its balance sheet at risk and its earnings weighed down if it fails to offload its business-information unit.
Wall Street Journal

Texada Software Inc. Announces Completion of $1.0 Million Financing
GUELPH, ONTARIO--(Marketwire - Dec. 2, 2008) - NOT FOR DISTRIBUTION TO united states OF AMERICA WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES OF AMERICATEXADA SOFTWARE INC. (TSX VENTURE:TXS) announced today that, further to its press release of November 10, 2008, it has completed its previously announced non-brokered private placement of convertible debenture and warrant units of the Company for aggregate gross proceeds of $1,095,500. Each unit consists of $1,000 principal amount 10% senior secured convertible debentures and 5,000 warrants. The debentures will mature on December 2, 2011 (the 'Maturity Date') and are convertible at the holder's option into common shares (the 'Common Shares') of Texada at any time prior to the Maturity Date at a conversion price of $0.10 per Common Share up to and including December 2, 2010 and $0.11 per Common Share from December 3, 2010 until December 2, 2011, inclusive. Conversion may be forced in certain circumstances. Each Warrant enti
Market Wire

New Hospitals Set for Algarve Portugal
At least ten new private hospitals are on tap to be constructed in the Algarve Region of Portugal over the next few years. Hospital beds are expected to triple over the next five years with the primary focus on tourists and holiday travelers who visit the region or have second homes there.The first of these new facilities is set to open in mid-2009 in Faro and will be part of the Grupo Hospital Particular do Algarve. It is being constructed next to the Gambelas University Campus and will have 100 beds with private rooms and suites for patients. The new hospital will have 12,000 square meters of space with an Emergency Room, intensive care unit and state of the art equipment
homesgofast.com

Ungava Mines Inc. Announces Closing of Fourth Tranche of Private Placement
TORONTO, ONTARIO--(Marketwire - Dec. 2, 2008) - Ungava Mines Inc. (OTCBB:UGVMF) (the 'Corporation') announced today that it has closed the fourth tranche of its non-brokered private placement of Units. 205,000 Units were issued at a subscription price of $0.15, for total consideration of $30,750. Each Unit consists of one common share ('Common Share') in the capital of the Corporation and one common share purchase warrant ('Warrant'). Each Warrant entitles the holder to purchase one Common Share at a price of $0.25 per Common Share until January 1, 2010. 20,500 broker warrants to purchase Units on or before January 1, 2010 were also issued.
Market Wire

GE sees fourth-quarter earnings toward low end of range
BOSTON (Reuters) - General Electric Co expects fourth-quarter profit toward the low end of its prior forecast and is looking for ways to reduce costs, including job cuts at its finance and industrial units, executives said on Tuesday.
Reuters

GE Sees Q4 Earnings At Low End Of Forecasts, Reduces Portfolio At GE Capital
Conglomerate General Electric (GE) warned Tuesday that its earnings for the fourth quarter will come in at the lower end of its previously-announced forecast. The firm also revealed changes it was making at its financial services unit, in an effort to defend its top debt rating.GE revealed that it planned to take a charge of at least $1 billion for restructuring in the fourth quarter, as the firm sets itself up to perform in the weak economic environment.GE said its fourth-quarter earni
RTT News

Sears Holdings Dips To Loss In Q3; Sees Charge In Q4
Department store chain Sears Holdings Corp. (SHLD) Tuesday reported a loss in its third quarter, reflecting one-time charge and poor performance in its Sears Domestic and Kmart units. The company said it expects a charge in the fourth quarter related to planned store closures and reported that its board of directors has approved an additional share buyback. Third-quarter net loss was $146 million or $1.16 per share, the company said, compared to a profit of $4 million or $0.03 per share las
RTT News

SIA unit to buy Singapore Food Industries
Singapore Airport Terminal Services, an airline caterer, has unveiled a S$335m cash offer for Singapore Food Industries, a supplier to the military and to supermarkets in the UK
FT.com

Aon Launches New Global Specialty Business Unit
Following the closing of its acquisition of the UK-based Benfield Group, Aon has announced that it has created a new global specialty business unit - Aon Specialty. The bulletin described the new oper
Insurancejournal.com

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