taxes

JPMorgan Introduces $20 Billion Investment Plan

JPMorgan Introduces $20 Billion Investment Plan

On Tuesday, JPMorgan Chase & Co. (NYSE: JPM) introduced a $20 billion investment plan aimed to hire more employees, hike wages, open new branches, as well as expand the business in order to take advantage of the U.S. tax law changes and a more p..

Citi Says 40% Apple will Acquire Netflix

Citi Says 40% Apple will Acquire Netflix

After the Trump administration’s giant corporation tax cut, Citigroup Inc (NYSE: C) analysts Jim Suva and Asiya Merchant say there is a 40 percent chance Apple Inc. (NASDAQ: AAPL) will acquire Netflix Inc. (NASDAQ: NFLX), first reported by Bus..

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. ..

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..

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..

American International Group Expects Losses After Natural Disasters

American International Group Expects Losses After Natural Disasters

According to Reuters, American International Group Inc. (NYSE: AIG) announced that it expects to book pre-tax losses of about $3 billion in the third quarter related to natural disasters, hurricanes Harvey, Maria and Irma. American International Gro..