Wednesday, 21 March 2018

Exclusive: Democrats plan crackdown on booming stock buybacks

A bill set to be introduced on Thursday by Senator Tammy Baldwin would prohibit companies from repurchasing their shares on the open market, CNNMoney has learned.
CNNMoney Markets Now
 
Dow Nasdaq S&P
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News: What you need to know about the markets
 
 
Exclusive: Democrats plan crackdown on booming stock buybacks
A bill set to be introduced on Thursday by Senator Tammy Baldwin would prohibit companies from repurchasing their shares on the open market, CNNMoney has learned. Read more »
 
Silicon Valley faces sweeping new taxes in Europe
The European Commission proposed sweeping new taxes on Wednesday that would drastically change how and where big digital companies are taxed. Read more »
 
Inflation and sour yogurt sales sink General Mills
The maker of Wheaties and Cheerios said rising commodity and shipping costs are hurting profits. Sales of General Mills yogurt brands are plunging as well. Read more »
 
The case for Facebook: Is Wall Street overreacting to data scandal?
Some Wall Street analysts believe that the stock could soon hit bottom — and then go much higher. Read more »
 
China's Facebook rival nearly doubles its profit
Tencent, the company owned by China's richest man, saw its profit rise 98% in the quarter ended December. Read more »
 
Wall Street would freak out if Trump fired Mueller
The stock market, President Trump's preferred barometer of success, would take a big hit if he dismissed the special counsel, analysts say. Read more »
 
 
 
 
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