Tax

Fresh Records Set By American Stocks, Nasdaq Hits 7000

Fresh Records Set By American Stocks, Nasdaq Hits 7000

Monday saw the US stocks climb to new records with Nasdaq crossing 7000 in intra-day for the very first time. This stock market buzz was the result of investors betting on lawmakers trying to push through a key tax reform.In the recent times, stock ..

No Three Percent Slump: Stock Market Record Created

No Three Percent Slump: Stock Market Record Created

Wall Street exhibits no volatility which the Trump era had brought. The Standard & Poor 500 has not dipped three percent from previous peaks since the slump. The latter ended on November 4, 2016- only four days before the Presidential election. ..

Year-End Stock Market Sell-Off a Possibility

Year-End Stock Market Sell-Off a Possibility

The markets exhibit a different tone now. Gone are the days when positives ruled. A day at this time could go anywhere, including north in the first half and a deep south at the end. One such day was November 14. The rally which began at the start o..

The American Tax Plan Unveiled; Asian Stocks Fall

The American Tax Plan Unveiled; Asian Stocks Fall

Friday saw the Asian stock markets facing immense pressure and this was linked to the unveiling of the tax reform law by the Senate Republicans on Thursday.There was 1.12 percent drop in the shares of Nikkei, an extension of the losses noted on Thur..

Both Apple and Oracle in Favor of Tax Repatriation Reform

Both Apple and Oracle in Favor of Tax Repatriation Reform

Mark Hurd, co-chief executive of Oracle Corporation (NYSE: ORCL), recently pledged his support to any form of tax reform that would allow the firm to retrieve its large cash pile from other nations. The government of the United States is looking to ..

Thomson Reuters beats Q3 earnings estimates but shares fall

Thomson Reuters beats Q3 earnings estimates but shares fall

Thomson Reuters Corp. (NYSE: TRI) reported its third quarter earnings and beat earnings estimates, but shares fell by over 5 percent during Wednesday's trading hours.For the third quarter, the company reported $2.79 billion in revenue, 2 percent..

Local Startup Investment Not Profitable as Stocks

Local Startup Investment Not Profitable as Stocks

Investments made by New Mexico in small companies located in the state are not showing the desired results. Startup companies funded by New Mexico's State Investment Council are not giving back the same returns as stock index funds managed by Wa..