How Is Big Business Using the Trump Tax Cut? What We Know So Far

The main takeaway at the halfway point of earnings season is that corporations are going to make more money — lots more — as their statutory tax rate gets axed to 21 percent from 35 percent. Corporate chiefs already are making plans for the windfall, with some detailing specific investments in
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Job Description for the post of Team Lead – US Mortgage with Infosys BPM at Bangalore in Infosys BPM Limited in Bengaluru/Bangalore for 4 to 8 years of experience. Apply Now!
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Amazon.com Inc. is advertising its Alexa-powered speakers in the big game on Sunday. It's an amusing 90 seconds that features celebrities like Gordon Ramsay, Rebel Wilson, Anthony Hopkins, Cardi B and the world's wealthiest man, Jeff Bezos himself. The word “Alexa” is uttered 10 times during the
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Despite attempts to curb credit card/debit card and internet banking frauds, a total of Rs 178 crore was stolen across the country last year. This is the highest amount cheated in the banking system till date. An average of Rs 48 lakh is lost to scamsters every day according to the latest statistics from the
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When it comes to the housing market, trade talks reveal far more than just hot air and promises. I can reveal that the housing transaction volume — the number of sales each year — has fallen by a record 41% over the past decade. (In the capital, meanwhile, sales to Chinese buyers have more than
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A s part of efforts to organize the informal monetary market, particularly the unlicensed credit and financial institutions, a committee is to be formed at the Central Bank of Iran with the sole purpose of dealing with the fallout from these entities going bankrupt. According to Masoud Pezeshkian, first vice
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Most investment banks had a poor fourth quarter. Deutsche Bank's results on Friday were worrying for other reasons: costs are set to rise this year and trading revenues are thus far behind last year. As shareholders grumble, it is worth asking whether a radically different strategy might have yielded better
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Cherry Hill Mortgage Investment (NYSE: CHMI) and AGNC Investment (NASDAQ:AGNC) are both finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, analyst recommendations, valuation, profitability, institutional
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Invesco Mortgage Capital logo Shares of Invesco Mortgage Capital Inc (NYSE:IVR) have been given an average recommendation of “Hold” by the eight brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have
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Developers very rarely lower their prices to fall in line with reduced market trends while the secondary market is more driven by sentiment and emotion. Because of this, I believe there are just as many 'good deals' to be had in the secondary market,” says Myles Bush, CEO of PH Real Estate.
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Mortgage approvals are a great barometer of housing market activity. In the 10 years leading up to the financial crisis, they averaged 104,000 a month, with monthly peaks of 134,312 in 2003 and 128,915 in 2006, both comfortably more than double the latest figure. They slumped to just 26,684 in the
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Investors Title logo Bank of New York Mellon Corp cut its position in Investors Title (NASDAQ:ITIC) by 8.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,990 shares of the insurance provider's stock after
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The Estonian bank LHV is opening a branch in London. The UK Financial Conduct Authority has granted the bank approval and the financial institution will now register an entity at Companies House. A UK branch will allow the bank to join the sterling payments system and provide financial
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The average 1-year price target for New York Mortgage Trust, Inc. (NYSE:CRK) to report $-1.12 EPS on February, 23.They anticipate $1.46 EPS change or 56.59% from last quarter's $-2.58 EPS. This represents a $0.80 annualized dividend and a dividend yield of 14.44%. Legal & General Group Plc
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KARACHI: Spanish Inditex Group, the world's biggest clothes retailer and owner of an internationally-acclaimed fashion brand Zara, opened its maiden branch office in Pakistan to double its imports from the country. “Due to Pakistan Embassy and its Commercial Section in Spain's sustained pursuance
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Calgary ranks No. 15 out of 85 Canadian cities ranked as millennial hot spots, according to Point2 Homes, which covers real estate market trends and news. According to Point2 Homes, “Quality employment and affordable housing are two key factors that motivate millennials to settle down in a new city.
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U.S. banks really aren't big on bitcoin. That's the inference to be drawn from a widespread crypto crackdown led by major financial institutions. Bank of America, the country's second largest bank, is the latest player to give bitcoin the thumbs down, joining JP Morgan Chase and Citigroup in seeking to
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Commercial Bank head of Consumer Banking Amit Sah said, “I wish all Sri Lankans a happy Independence Day. Sri Lankans can send money home at any time with funds being credited almost instantly through our innovative digital platforms and to celebrate Sri Lanka's 70th Independence Day.
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Sawyer & Company Inc purchased a new position in Baxter International Inc (NYSE:BAX) in the fourth quarter, according to its most recent 13F filing with the … BMO Capital Markets reiterated a “buy” rating and issued a $70.00 target price on shares of Baxter International in a research note on Friday,
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Mr Turnbull also the government had introduced new measures that were encouraging more first home buyers to enter the market. “There's beeen a number of measures that have taken the heat out of the housing market and you are now seeing more first home owners getting into the market,” he said.
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