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- Oil Production Rates Support Successful Refinancing (Marketwire via Yahoo! Finance)
Lexaria Corp. Lexaria is pleased to announce that its Belmont Lake Oil Field has now been successfully producing oil for more than five weeks. The two existing wells are producing with gas lift-powered pumps at the average rate of 91 barrels of oil per well, per day. biz.yahoo.com
- Asian Stocks Drop for Second Day as Job Cuts Mount; HSBC Falls (Bloomberg)
Nov. 18 (Bloomberg) -- Asian stocks fell for a second day, led by financial and technology companies, as HSBC Holdings Plc and Citigroup Inc. cut jobs and AU Optronics said it will reduce some salaries, spurring concern the global recession is worsening. www.bloomberg.com
- Treasury Two-Year Notes Rise After Fed Cuts, Says Risks Remain - Bloomberg
Oct. 29 (Bloomberg) -- Two-year Treasury notes rose after the Federal Reserve cut its main lending rate to a more than four-year low of 1 percent while saying ``downside'' risks to growth remain, raising expectations for another reduction. Longer ... www.bloomberg.com
- Michael Rudge Named Managing Director of The Hartford’s U.K. Branch (Insurance and Technology)
Rudge is responsible for the branch’s profit and loss, sales and marketing, and administration. www.insurancetech.com
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