Bitcoin News: 70,000 Residents of Caribbean Island to Have Bitcoins in 2015

All 70,000 residents living on the Caribbean nation of Dominica will be eligible to receive bitcoin as part of The Bit Drop project, an upcoming collaboration between bitcoin businesses, interest groups and local government officials. Scheduled to take place on 14th March, 2015, The Bit Drop will feature an island-wide party boasting ‘celebrities, musicians and…

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Autoliv Reports 1Q Results, Beats Street Consensus by $0.09; Maintaining our $80 FVE

No-moat, positive-moat-trend rated Autoliv ALV reported first-quarter earnings per share before special items of $1.32, $0.09 ahead of the Street consensus of $1.23. Even so, owing to lackluster European new-car demand and Autoliv’s European customers’ inventory corrections, the $1.32 first-quarter EPS were down $0.24 from $1.56 a year ago. However, management favorably tweaked its full-year…

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