Tuesday, 19 December 2017

Will companies spend tax savings to create jobs?

86% of CEOs surveyed by Yale University say their companies don't plan to use expected tax savings to invest in their businesses, which can lead to hiring.
CNNMoney Markets Now
 
Dow Nasdaq S&P
-37.45   -30.91   -8.69
24,754.75   6,963.85   2,681.47
-0.15%   -0.44%   -0.32%
YTD +25.26%   YTD +29.36%   YTD +19.77%
 
Biggest Winners
Darden Restaurants Inc +6.79%
 
Zimmer Biomet Holdings Inc +6.07%
 
Newfield Exploration Co +3.83%
 
Marathon Oil Corp +3.82%
Biggest Losers
PPL Corp -4.56%
 
Welltower Inc -4.25%
 
Ventas Inc -3.98%
 
Prologis Inc -3.77%
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Oil $57.49 +0.33 / +0.58%
Gold $1,264.80 -0.70 / -0.06%
10-yr 2.46% +0.07 / +2.97%
Euro $1.18 +0.01 / +0.48%
News: What you need to know about the markets
 
 
Will companies spend tax savings to create jobs?
86% of CEOs surveyed by Yale University say their companies don't plan to use expected tax savings to invest in their businesses, which can lead to hiring. Read more »
 
Amazon's corporate bulldozer is fueled by Wall Street
Wall Street's lack of concern about Amazon's profit is fueling Jeff Bezos' steamroller of a company. Read more »
 
Olive Garden is still a hit with pasta lovers
Shares of Olive Garden owner Darden Restaurants rose after the company reported strong sales and earnings, led by solid results at the popular Italian food chain. It's been a strong year for Darden -- and many other big restaurants too. Read more »
 
SEC suspends trading of red-hot bitcoin stock
The Crypto Company had soared 160% in just a week and wound up with a market value of nearly $12 billion -- more than Macy's. The SEC is concerned investors aren't getting accurate information from the company though. Read more »
 
Stocks surge as investors cheer tax cut
The Dow, S&P 500 and Nasdaq all hit record highs because of optimism about the Republican tax plan. Read more »
 
Sweet and salty! Hershey buys SkinnyPop maker
The $1.6 billion deal for Amplify Snack Brands is the latest deal in the snack food business. And for Hershey, it's a way to further diversify beyond candy and chocolate. Read more »
 
 
 
 
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