News / Finance
WhisperfromWallStreet.com "Afternoon Losers - " - PokerTek, Inc.,PTEK - EXFO Electro-Optical Engineering,EXFO - Great Florida Bank,GFLB
PokerTek, Inc - EXFO Electro-Optical Engineering - Great Florida Bank
PokerTek, Inc.,PTEK
Chris Halligan has resigned as chief executive of PokerTek Inc. Mark Roberson, the company’s chief finanical officer and treasurer, has been named acting CEO.
Roberson joined the company in late 2007.
"Mark has proven himself as a capable leader, and we feel he is the right person to lead PokerTek at this time," says Lyle Berman, chairman of the company. "The top priority for the management team under Mark’s leadership will be to accelerate PokerTek’s progress towards cash-flow-positive operating results."
PokerTek lost $1.8 million, or 16 cents per diluted share, in the first quarter. In the same period last year, the company lost $21 million, or 20 cents per diluted share.
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EXFO Electro-Optical Engineering,EXFO
EXFO Electro-Optical Engineering, Inc. designs, manufactures, and markets various test and monitoring solutions for network service providers and equipment manufacturers in the telecommunications industry worldwide. It operates in two divisions, Telecom, and Life Sciences and Industrial. The Telecom division offers integrated test solutions and network monitoring systems to network service providers, cable television operators, system vendors, and component manufacturers. The Life Sciences and Industrial division provides solutions in medical-device and opto-electronics assembly, fluorescence microscopy, and other life sciences sectors. The company offers these testing products for the installation, maintenance, monitoring, and troubleshooting of optical networks. It sells its products through sales representatives and distributors. The company was founded in 1985 and is headquartered in Quebec City, Canada.
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Great Florida Bank,GFLB
Great Florida Bank, headquartered in Coral Gables, Florida was established on June 30, 2004 as a state-charted commercial bank. The Bank listed on the NASDAQ Global Market (GFLB) on December 5, 2007 and joined the prestigious American Bankers Association Community Bank Index in June 2008. Great Florida Bank surpassed $1 billion in assets after only 18 months in operation which, at the time made it one of the fastest growing de novo institutions in the country. On March 31, 2009, total assets were $1.7 billion, Tier 1 Capital was $131 million, and the Tier 1 Leverage ratio was 7.4% -- 48% above the federal regulatory definition of a "Well Capitalized Bank". The Bank operates twenty-eight (28) Solution Centers located throughout Miami-Dade, Broward and Palm Beach Counties. Great Florida Bank is committed to providing ideas and solutions to meet its customers’ personal and business financial needs by conveniently delivering personalized, state-of-the-art products and services in a relaxed environment including GFB Mobile Banking for individual consumers and cash management clients, GFB Remote Deposit and a comprehensive array of residential mortgage loan programs.
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