Whatever happened to Investor Relations?

Or Media Relations…or for that matter, just good old PR? Friday, Reuters reported:
Shuffle Master Inc (SHFL.O) on Friday filed with regulators to sell up to $86 million of common stock. The company, which provides casinos with card shufflers, video slot machines and other products and services, said Deutsche Bank Securities is underwriting the offering. Shuffle [...]

Envisioning a world of $200-a-barrel oil

From the Los Angeles Times
As forecasters take that possibility more seriously, they describe fundamental shifts in the way we work, where we live and how we spend our free time.
By Martin Zimmerman : times staff writer
June 28, 2008
The more expensive oil gets, the more Katherine Carver’s life shrinks. She’s given up RV trips. She stays [...]

Nevada Business News

Western Alliance Bancorp (WAL) joined the capital raise fray, announcing this morning that it “completed a private placement of 3.8 million shares of common stock to a limited number of accredited investors. Of the shares sold, approximately 45 percent were purchased by a total of 40 directors and officers of the Company and its subsidiaries. [...]

May Existing Home Sales Up 2% (NAR)

The pace of existing home sales in the United States rose in May to a 4.99 million-unit annual rate, the National Association of Realtors said in a report on today.
The inventory of homes for sale shrank by 1.4 pct to 4.49 million homes or a 10.8 months’ supply at the current sales pace. Meanwhile, the [...]

GDP growth revised up; job market sluggish

The economy grew slightly faster than initially thought in the first quarter, while the job market remained sluggish last week, according to U.S. data released today.
Gross domestic product, which measures total output of goods and services within U.S. borders, grew at a 1 percent annual pace in the first three months of 2008, slightly stronger [...]