Month: March 2019

Check out the companies making headlines midday Friday: Celgene — Shares of Celgene rose 6.58 percent after proxy advisors Institutional Shareholder Services and Glass Lewis recommended that Bristol-Myers Squibb shareholders vote in favor of its bid to buy Celgene. The recommendations come weeks before shareholders vote on the $74 billion buyout of the biotechnology company.
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David Weisberger is co-founder and CEO of CoinRoutes and a veteran of building trading desks and financial technology businesses. The opinions expressed in this article are his own, and do not reflect CoinDesk’s position. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for the institutional market, with news and views
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Listed for $5.2 million, Nantucket Lightship was converted into a luxury yacht residence with a bright red hull and custom wood interiors. Courtesy of William and Kristen Golden Who wouldn’t want to live on Nantucket? It’s uniquely blessed with galvanizing ocean waves, phenomenal whale watching and mesmerizing sunsets. Nantucket Lightship has served the USA well
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For aging parents who had a measure of financial success, real estate investments are not unusual. Their portfolios can include single family rental homes, apartment buildings or commercial entities. When they were younger, many of these seniors took pride in managing these investments themselves. But time can take its toll. We are seeing age-related problems
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Sales of new U.S. single-family homes increased to an 11-month high in February and sales for January were revised higher, suggesting that lower mortgage rates were starting to lift the struggling housing market. The Commerce Department said on Friday new home sales rose 4.9 percent to a seasonally adjusted annual rate of 667,000 units last
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Check out the companies making headlines after the bell: Shares of Wells Fargo jumped more than 3 percent after market close Thursday following news that the bank’s CEO Tim Sloan is retiring. Sloan was under pressure to step down, especially from lawmakers like Sen. Elizabeth Warren. The bank’s general counsel Allen Parker will take over
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Weiss Cryptocurrency Ratings released its March 2019 “Weiss Cryptocurrency Outlook” report, with Ripple (XRP), EOS, Bitcoin (BTC), and Binance Coin (BNB) receiving the top four spots on the list of 122 cryptocurrencies. Weiss Ratings is the world’s only financial rating agency that provides grades on cryptocurrencies. The report, which is called “Dark Shadows with a Bright
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Daniel Cawrey is CEO of Pactum Capital, a cryptocurrency investment firm focused on market making and liquidity. Formerly a CoinDesk Contributing Editor, he is author of the upcoming “Mastering Blockchain” book to be published by O’Reilly Media. Recently, a report was produced by Bitwise Asset Management showing the existence of faked volumes in the bitcoin
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The striking stacked design is by Rafael Viñoly Architects. Steelblue LLC NEMA Chicago and NEMA Boston, two newly-built sleek panoramic towers, are slated to open in 2019 with prominent architectural pedigrees and premium amenities rarely associated with rental properties. At 76 stories, NEMA Chicago is promoted as the tallest residential rental tower in the city.
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View Bitcoin created a bullish “engulfing candle” last month, confirming seller exhaustion. A bullish reversal, however, would only be confirmed if price closes above $4,190 (high of the engulfing candle) on March 31. A bullish monthly close would open the doors to $5,000, although gains may be hampered by the crucial 21-week moving average, which is
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Check out the companies making headlines after the bell: Shares of Lululemon surged more than 9 percent in extended trading Wednesday following the release of the retailer’s strong fourth-quarter earnings and positive guidance. Beating on the top and bottom lines, the yoga pants maker reported earnings per share of $1.85 on revenue of $1.167 billion.
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While leading cryptocurrency exchanges like Coinbase and Binance feverishly add new tokens, smaller exchanges serving emerging markets are pivoting toward retail applications of the lightning network’s bitcoin scaling solution. The latest is Singapore-based exchange Zebpay, which now offers lightning wallet options for users who want to send lightning-enabled payments to external wallets. Bitcoin users can
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View Bitcoin has again created a higher low along the 30-day moving average line, neutralizing Monday’s bearish close below $3,920. A move above $4,055 (March 21 high) is still needed to revive the short-term bullish setup. That could be followed by a rally to resistance levels lined up at $4,190–$4,236. A UTC close below the
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SVMK Inc.: Dynamite. Fabulous quarter. A lot of people didn’t react to it correctly at the beginning. When they dug down, they liked what [CEO] [Zander Lurie] had to say, and I did, too. The stock came too cheap. It should never have been down where it was.” Axsome Therapeutics Inc.: “Yeah, they got some
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