The Coinmarketcap data shows a steady rise of Bitcoin prices from 1 st of March. Around midday, the No. 1 cryptocurrency with market capital of $193 billion, crossed the $ 11,000 line. Since then till the time of writing, Bitcoin prices got stable around 11,432 USD. (more…)
Tag Archives: investment
ANN ARBOR — Can companies buying back their own stock time the market to get a better price? This was an unanswered question in corporate finance until now.
New research from University of Michigan finance professor Amy Dittmar indicates that some companies do time their repurchases to buy at a low price. It’s a way companies can make a shareholder-friendly move and a positive return on an investment. (more…)
WASHINGTON (PRNewswire via COMTEX) — LivingSocial (www.livingsocial.com) has secured a $175 million investment from Amazon (Nasdaq: AMZN). LivingSocial has also secured an additional $8 million investment from Lightspeed Venture Partners. LivingSocial will use this investment to maintain a steady drumbeat of worldwide launches and overall business growth while continuing to serve more than 10 million subscribers across the U.S., Canada, UK, Ireland and Australia in more than 120 locations. Because of LivingSocial’s rapid expansion, the company is currently booking revenues of more than $1 million a day on average and is projected to book well over $500 million in revenue in 2011. (more…)