Novogratz increases stake in Galaxy Digital to 79.3%…stock soars

Mike Novogratz increased his stake in Galaxy Digital, the crypto-merchant bank, today to 79.3% from 76.6%. Novogratz, who is founder [Read More]
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Liquid alts: Only 20% of funds positive in 2018…Bear market funds climb 13.8% in December

The Wilshire Liquid Alternative Index dropped another 1.61% in December, pushing down the 2018 loss to -4.27%. During the month [Read More]
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CNBC: Sears wins reprieve as Lampert makes offer at deadline

CNBC reports that Eddie Lampert submitted an official bid at about 4 pm to keep Sears out of liquidation. Lampert’s [Read More]
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Clock ticking for Sears as 4 pm deadline looms

  The deadline for potential buyers to bid for Sears’ assets in bankruptcy court is today at 4 pm. Eddie [Read More]
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Gold at highest level in six months on safe haven demand

Spot gold hit its highest level in six months today as it touched $1,274.68. Spot gold is currently trading at [Read More]
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