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Silver lining

Published December 1, 2008, 9:39 pm, Business Standard India

That’s what BPOs see in this global financial storm. Is this sector poised to come of age, and out of big brother IT’s shadow?

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Is an annuity a good idea?

Published December 1, 2008, 9:34 pm, Montgomery Advertiser

Q: Due to the recent market crash, I have become interested in annuities as an option as compared to directly buying individual stocks. I have never purchased an annuity before, and am a little worried I will end up with a "bill of goods."

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Days of Excessive Executive Pay Ending

Published December 1, 2008, 9:03 pm, Kiplinger.com

Banking executive compensation will be tied to longer-term performance and other measures.

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Zoltek Reports Record Quarterly and Full Year Sales

Published December 1, 2008, 8:49 pm, GlobeNewswire via Yahoo! Finance

ST. LOUIS, Dec. 1, 2008 -- Zoltek Companies, Inc. today reported results for the fourth quarter and full fiscal year ended September 30, 2008, highlighted by record quarterly and annual sales.

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WellPoint Systems reports 2008 third quarter results

Published December 1, 2008, 8:10 pm, CNW Group via Yahoo! Finance

WellPoint Systems Inc., , a leading provider of software and related solutions to the energy industry, today announced its financial results for the quarter and nine months ended September 30, 2008.

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Fitch Downgrades North Pacific Bank to 'BBB' from 'BBB+'; Outlook Negative

Published December 1, 2008, 7:25 pm, Thaipr.net

Fitch Ratings has today downgraded some of Japan-based North Pacific Bank Ltd.'s ratings (NPB) and simultaneously removed the Rating Watch Negative (RWN) on which it was placed on 14 October 2008. The

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Pertamina to Pick Partner for Biggest Gas Reserves by January

Published December 1, 2008, 6:23 pm, Bloomberg

Dec. 2 (Bloomberg) -- PT Pertamina , Indonesia's state oil company, plans to pick at least one partner by next month to develop the nation's biggest natural-gas area to counter dwindling energy supplies, Chief Executive Ari Soemarno said.

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Pacgen Reports Second Quarter Financial Results

Published December 1, 2008, 6:00 pm, Marketwire via Yahoo! Finance

Pacgen Biopharmaceuticals Corporation today reported financial results from its second fiscal quarter ended September 30, 2008. Amounts unless specified otherwise, are expressed in Canadian dollars and in accordance with Canadian Generally Accepted Accounting Principles.

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CA-BUSINESS Summary

Published December 1, 2008, 5:27 pm, The Globe and Mail

TORONTO (Reuters) - Toronto's main stock index tumbled 864 points on Monday, its deepest net drop ever, as sliding commodity prices, gloomy U.S. economic news and the urge to take profits after six straight days of gains prompted a sell-off that hit every market sector.

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Station Casinos suspends matching contributions for hourly employees’ retirement plans

Published December 1, 2008, 4:43 pm, Las Vegas Review-Journal

The financial struggles of Station Casinos has forced the gaming company to suspend its matching contributions for its hourly employees’ 401(k) retirement plans.

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