Tom Lee, strgestist at Fundstrat and major strategist at Wall Street released recently a report titled “A framework for valuing bitcoin as a substitute for gold.” 131 more words
Tags » Market Capitalization
Saxo Bank analyst, Kay Van-Petersen who predicted in December 2016, that Bitcoin would reach $2,000 this year, now says that it will be worth $100,000 in 10 years. 49 more words
The activist hedge fund got a seat in Citrix’s board in 2015. The company is now looking for strategic alternatives, including a potential sale.
According to people who choose to remain anonymous, Citrix Systems Inc, is looking for strategic alternatives, which includes a potential sale. 177 more words
Gross non-performing assets (NPAs), or bad loans, of state owned banks surged 56.4 per cent to Rs 614,872 crore during the 12-month period ended December 2016, and appear set to rise further in the next two quarters with many units, especially in the small and medium sectors, struggling to repay after being hit by the government’s decision to withdraw currency notes of Rs 500 and Rs 1,000 denomination………The RBI discontinued fresh corporate debt restructuring (CDR) with effect from April 1, 2016. 257 more words
If the merger would have gone ahead, according to the Financial Times, the market capitalisation of the combined company would have been in excess of $20 billion. 138 more words