Staff Accounting Bulletin No. 119

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Staff Accounting Bulletin No. 119

SUMMARY: This staff accounting bulletin updates portions of the interpretive guidance included in the Staff Accounting Bulletin Series in order to align
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Bitcoin Drops Below $7000 as China Euphoria Fades

When Chinese leader Xi Jinping touted blockchain technology in October, the price of bitcoin surged, searches for “blockchain” on one of China’s biggest search engines soared and shares of related companies jumped. A month later, the euphoria is over.
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UPDATE 1-China mandates 13 banks for US dollar bond issue-term sheet

(Adds details on previous deals). By Scott Murdoch. HONG KONG, Nov 25 (Reuters) – China’s government has mandated 13 investment banks to lead a U.S. dollar sovereign bond deal, according to a term sheet seen by Reuters, its third since its international …
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Carl Icahn Plans To Nominate Directors In Occidental Petroleum : Report

(RTTNews) – The billionaire investor Carl Icahn plans to nominate a slate of 10 directors in an attempt to seize control of the board of Occidental Petroleum Corp. (OXY), Bloomberg reported citing people familiar with the matter. Carl Icahn, who owns a stake in …
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Market Live: Nifty above 12K, Sensex up 300 pts; Bharti Airtel, Tata Steel top gainers

D-Street Buzz: Metal stocks shine led by JSPL, Hindalco; Airtel jumps 5%, Zee Ent drags. D-Street Buzz: Metal stocks shine led by JSPL, Hindalco; Airtel jumps. Nifty Metal is the outperforming sector up over 2 percent led by Jindal Steel & Power and Hindalco …
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