Digital companies in the European Union pay in tax less than half the amount paid by traditional firms, the European Commission said in a draft report which backs plans to increase the tax bill of firms like Amazon or Facebook. In the report to be adopted on Thursday, the Commission says the best solution to […]
Read moreBoeing executive Leanne Caret said Wednesday the defense company is a “buyer,” looking to make acquisitions. Her comments came two days after Northrop Grumman announced plans to buy missile and rocket maker Orbital ATK for $7.8 billion in cash. “We are continuing to look at other ways to increase our top line through mergers and […]
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The giants of the internet economy are typically cast as the leading fetish objects for growth investors. But compared to the TAMP stocks, FANG looks a bit dull. What’s TAMP, you ask? That would be Thermo Fisher Scientific, Agilent, Mettler-Toledo and PerkinElmer, just a few of the seldom-discussed names that have powered the obscure S&P […]
Read moreIn a review of the new Apple Watch Series 3 with GPS and cellular connectivity, The Verge noticed that the watch often didn’t connect to networks properly. This resulted in an occasional inability to place or receive phone calls and text messages, or access Siri. Since that’s a primary selling point of the cellular-connected Apple […]
Read moreIt has been a good year for Johnson & Johnson shareholders, but now Goldman Sachs says investors should ring the register. The firm on Wednesday lowered its rating for the company to sell from neutral, predicting the drugmaker’s earnings growth will lag its peers during the next five years. After the note, the stock was […]
Read moreApple is moving ahead with a plan to screen for disease with its Apple Watch, starting with a clinical study. Earlier this month, the company announced it is partnering with clinicians at Stanford to assess whether the smartwatch’s heart rate monitor can accurately pick up on an abnormal heart rhythm called atrial fibrillation. That health […]
Read moreThere has been a great deal of discussion concerning tax reform these days, and many people are putting tax planning on hold until they see what Congress is actually going to do. Since that could take a lot of time and we don’t know if any changes will actually occur, it makes more sense to […]
Read moreL Brands shares have plummeted this year due to sales declines and poor financial guidance. The disappointing results are likely to continue, according to one Wall Street firm. After being wrong with its bullish call for L Brands all year, Cowen gave up Wednesday and lowered its rating to market perform from outperform. The firm […]
Read moreIt’s a comparison no one wants to hear — that this stock market bears striking similarities to that of 1929. The observation is coming from Nobel Prize-winning economist Robert Shiller, who’s been arguing valuations are extremely expensive. But instead of predicting an epic stock market crash, he’s finding reasons to be optimistic. “The market is […]
Read moreThough hedge funds often signal a freewheeling, shoot-from-the-hip investment style, for the most part these investment vehicles aim to dampen volatility. They do it by using various strategies that are supposed to provide protection from market volatility and sometimes even positive returns during market declines. “Someone who is concerned about the downside may want to […]
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