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Home Tending Means Living In Vacant HomesThe Denver Channel PokerTek (PTEK) fireworks may be short-lived Shares in Las Vegas Sands (LVS), MGM MIRAGE (MGM), Riviera Holdings Corp. (RIV) have crashed and burned. So why is Pokertek (PTEK) soaring?by J. Christoph AmbergerBaltimore-TFN: Shares of PokerTek, Inc. (NASDAQ:PTEK) rose almost 90% today. The company had issued a press release that it was “pleased to announce the installation of ten PokerPro tables at Indiana Live! Casino in Shelbyville, near [...]Article first published on Today's Financial News— We bring you analysis on everything from crude oil prices to real estate markets to stock market news—even free stock picks!PokerTek (PTEK) fireworks may be short-lived:http://www.todaysfinancialnews.com/us-stocks-and-markets/pokertek-ptek-fireworks-may-be-short-lived-8303.html Todays Financial NewsMaterials Stocks For `Madonna` Market (The Street) Ken Fisher, CEO of Fisher Investments, says we are living in a 'Madonna' market, which means buy materials stocks like Dow Chemical, Alcoa and Repsol.Source : The Street (subscribe)Explore : Chemicals, Entertainment, Madonna, Music, Rock and Pop WikioOSI Geospatial to Report 2009 First Quarter Results MONTREAL, QUEBEC--(Marketwire - March 19, 2009) - OSI Geospatial Inc (TSX:OSI) will release its 2009 first fiscal quarter results at 4:05PM, Eastern Time (1:05PM Pacific Time) on April 9, 2009. The company will hold a conference call to discuss its financial results at 5:00 PM, Eastern Time (2:00 Pacific Time) the same day, April 9, 2009.The call can be accessed in North America, toll-free, by dialing +1-800-319-4610 and internationally by dialing +1-604-638-5340. Please phone in 5-10 minutes prior to the start of the call and simply ask to join the call. The conference call will also be broadcast live over the Internet and under Upcoming Events on the company's investor site at http://www.osigeospatial.com/investors/default.htm. Market WireAmerican banks: Sharing the pain As the political climate sours, banks’ creditors get nervousEVEN as America’s politicians harangue the bankers, the bankers are sniping back. On March 13th the chairman of Wells Fargo, America’s fourth-biggest bank, called the Treasury’s ongoing stress test for banks, with its glacial timetable, “asinine”. Amid the ranting, the rot from bad debts is creeping up banks’ capital structures, imperilling any recovery. Initially common shareholders, who bear the “first loss” on assets, were crushed, along with preferred shareholders, who get supposedly safer dividends. Now owners of bank debt, which bears losses once equity is wiped out, live in fear. Junior subordinated debt, which ranks next in the queue, trades at 15-45 cents on the dollar and senior subordinated debt at 65-70 cents. Even senior debt, holders of which rank second only to depositors in America and typically alongside them in Europe, is at 85-90 cents.It was not meant to New York TimesButtonwood: Swissie fit The terrible temptation to depreciateIT IS not easy being Swiss. Every other country complains about your bank-secrecy laws. If you live in Zurich, the nice houses by the lake are taken by rich foreigners and you have to put up with something more modest and farther out.Worse still, in a crisis, everyone buys your currency, in effect tightening your monetary policy. UBS excepted, Switzerland did not indulge in an Anglo-Saxon-style speculative boom over the past decade. But it is suffering nevertheless. The Swiss National Bank thinks the economy will contract by between 2.5% and 3% this year. Consumer prices are expected to fall by 0.5% in 2009; in other words, the economy is suffering from deflation. ... New York TimesRIM`s App World Store Ready to RockInternetnews Preview from Europe: Fed Steps in with Guns Blazing The Mole submits: Shock and awe are back in vogue. Yesterday was a landmark day in this crisis with the Fed going all-in (see below) after flip flopping about on the merits of quantitative easing ((QE)). But now it’s all hands to the electronic printing presses as they clearly don’t believe that Geithner’s TALF could do the heavy lifting required. Stocks rallied as VIX declined back to 40 (the floor of its recent range). But is QE a sign of desperation? It is a serious negative for the EUR/USD, which kissed 1.3536 overnight. Gold of course bounced as the textbooks say this will ultimately be inflationary. But it beats living in caves. Today’s Market Moving StoriesComplete Story » Seeking AlphaDesign Engineer - Power Transmission - Engineer Live A new PlanarHD air bearing stage from Aerotech features several design enhancements for increased throughput in ultra-high-precision step-and-settle and scanning applications such as semiconductor processing and emerging MEMS / nanotechnologies . The ... Feed DigestAIG chiefs receive death threats AIG boss Edward Liddy says he fears for his employees' lives if Congress names and shames recipients of lavish bonuses awarded by the bailed-out insurer. The Australian |
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