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Satyam to exercise cost-cutting, relocate onsite staff Satyam has announced cost-cutting measures including relocating onsite support staff to tide over the current financial crisis in the company. The Times Of IndiaM-Split Corp.: M Split Corp.-Portfolio Update TORONTO, ONTARIO (MARKET WIRE) M Split Corp. ('the Company') was created to provide exposure to the common shares of Manulife Financial Corporation ('Manulife') through two classes of securities, the Priority Equity Shares and the Class A Shares (a 'Unit'). Manulife had performed relatively well during these extremely difficult times until October 2008 and has since experienced a precipitous decline. Since its initial downward descent during the month of October 2008 when Manulife fell 39%, it has further descended in 2009 declining an additional 27% year to date. Since the inception of the Company on April 18, 2007 (22 Marketwire.comHusky Energy Inc.: Husky Energy Files 2008 Disclosure Documents CALGARY, ALBERTA (MARKET WIRE) Husky Energy Inc. (TSX: HSE) today filed its Annual Information Form (AIF), audited consolidated financial statements and related Management's Discussion and Analysis for the year ended December 31, 2008 with Canadian securities regulators on the System for Electronic Document Analysis and Retrieval (SEDAR). In addition, Husky filed on the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system in the United States its annual report on Form 40-F for the year ended December 31, 2008, which also includes Husky's AIF, audited consolidated financial statements and related Management's Market Wire`Countrywide` Name Runs Course Bank of america is retiring one of the most toxic names in U.S. banking, hoping to put some distance between itself and the tarnished reputation of its Countrywide Financial mortgage unit. Wall Street JournalWhole Foods 1Q profit, outlook top Street view PORTLAND, Ore. (AP) - Whole Foods Market Inc. on Wednesday reported a 29 percent drop in fiscal first-quarter profit, mainly due to legal costs, but the results beat Wall Street expectations and the organic grocer's revised outlook also topped projections. AOLValiant Insurance Group: Valiant Insurance Group Announces the Formation of Its Excess & Surplus Lines Vehicle: Valiant Specialty Insurance Company NEW YORK, NY (MARKET WIRE) Valiant Insurance Group, Inc. ('Valiant') announced today that it has established a new insurance vehicle, Valiant Specialty Insurance Company, a Delaware-licensed Property & Casualty insurance company rated A- (Excellent) by A.M.Best with a Financial Size Category of Class XII. Valiant Specialty Insurance Company will serve as the excess and surplus lines insurance carrier for Valiant's U.S. operations. Marketwire.comEffective Control Transport, Inc. : Effective Control Transport Announces the Appointment of Dominic Landry to the Position of CFO ST HUBERT, QC (MARKET WIRE) Mr. Raphael Huppe, President and CEO of Effective Control Transport, Inc. (PINKSHEETS: EFFC) (www.econtroltransport.com), a software company which specializes in a technology that monitors an operator's vigilance and awareness (the 'CRAM'), is pleased to announce the appointment of Mr. Dominic Landry, CA, to the position of Chief Financial Officer of the Company. Market WirePlanet M to double revenues, up store count Planet M, the entertainment and lifestyle chain of the Videocon Group, plans to double its revenues by the next financial year even as lifestyle retailing is witnessing a slowdown in the country as shoppers defer discretionary spending. Planet M has over 300 stores now. Business StandardEldorado Gold Corporation: Q4 2008 Financial and Operating ResultsMarketwire BoJ to buy Y1,000bn of corporate bonds - Financial Times US The BOJ stepped up measures to help embattled companies weather the credit crisis, unveiling plans to buy up to Y1,000bn in corporate bonds and extend its purchases of other assets in an acknowledgement that Japan's economic downturn would last longer than it had initially expected NewsRack1 2 3 4 5 |
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