Galaxy Digital to Launch 2 New Bitcoin Funds in November (Coin Desk)
Galaxy Digital Asset Management, a division of the merchant bank Galaxy Digital, is launching two bitcoin funds in November, according to a source with direct knowledge of the matter. Headed by billionaire ex-hedge fund manager Michael Novogratz, Galaxy is offering the funds to give accredited investors low-fee, institutionally managed bitcoin exposure and will make a seed investment into both funds. Novogratz hinted that the funds were in the works on CNBC.
Eaton Vance Corp (EV) Pres & CEO EV Distributors Inc Matthew J Witkos Sold $1.6 million of Shares (Guru Focus)
Pres & CEO EV Distributors Inc of Eaton Vance Corp., Matthew J Witkos, sold 34,761 shares of EV on 10/24/2019 at an average price of $45.06 a share. The total sale was $1.6 million. Eaton Vance Corp is engaged in providing asset management and investment advisory services to institutional and individual investors, high-net-worth clients, institutional separate accounts, and retail managed accounts.
The President & CEO of WesBanco Inc (NASDAQ: WSBC) is Buying Shares (Analyst Ratings)
Today, the President & CEO of WesBanco Inc (WSBC), Todd Clossin, bought shares of WSBC for $273.5K. Following Todd Clossin’s last WSBC Buy transaction on February 06, 2014, the stock climbed by 12.9%. Following this transaction Todd Clossin’s holding in the company was increased by 13.3% to a total of $2.34 million.
Former Senior Provincial Official Sentenced to 16 Years for Bribery, Insider Trading (XinhuaNet.com)
DALIAN, Oct. 24 (Xinhua) — Bai Xiangqun, former vice chairman of the government of northern China’s Inner Mongolia Autonomous Region, was sentenced to 16 years in prison by the Intermediate People’s Court of Dalian in northeast China’s Liaoning Province Thursday. Bai was convicted of taking bribes, embezzlement of public funds, inside trading and leaking of insider information. He was fined 62.5 million yuan (about 8.84 million U.S. dollars), and his illegal gains will be confiscated, according to a court statement.
Westamerica Bancorp (WABC) SVP/CFO John A Thorson Sold $954,822 of Shares (Guru Focus)
SVP/CFO of Westamerica Bancorp., John A Thorson, sold 14,467 shares of WABC on 10/23/2019 at an average price of $66 a share. The total sale was $954,822. Westamerica Bancorp is a regional community bank. The bank focuses on commercial clients, such as smaller businesses across the United States. Westamerica Bancorp has a market cap of $1.79 billion; its shares were traded at around $66.35 with a P/E ratio of 22.75 and P/S ratio of 8.60. The dividend yield of Westamerica Bancorp stocks is 2.45%.
