Tax bill winners: Lowe's, Chipotle among those who pay highest rates right now

CNBC| Mon Dec 04 07:39:19 EST 2017
Companies such as Chipotle Mexican Grill and Lowe's may benefit the most from the Republican Party's attempt at a national tax overhaul, Credit Suisse said. The GOP has been scrambling to enact at least one major piece of legislation in the year following President Donald Trump's inauguration. Critical to both the Senate and House versions of the tax plan is a cut in the corporate tax rate to 20 percent from 35 percent. Such a dramatic cut could spell big gains for companies with primarily domestic businesses. GOP lawmakers still must reconcile the House and Senate versions of the tax bill in a conference committee before sending the legislation to President Donald Trump. Significant disagre..

Related Articles

Companies such as Chipotle Mexican Grill and Lowe's may benefit the most from the Republican Party's attempt at a national tax overhaul, Credit Suisse said. The GOP has been scramb....
CNBC| Mon Dec 04 07:39:19 EST 2017
Stocks were mixed Monday as Republicans in Congress made progress on a bill to overhaul the nation's tax code. The Standard & Poor's 500 index rose 8 points, or 0.3 percent, to....
CBS News| Mon Dec 04 10:00:43 EST 2017
Republican senators brushed off concerns about the tax bill's impact on the national debt and discussed the corporate tax rate on Dec. 3, as the legislation heads to conference. (J....
The Washington Post| Sun Dec 03 13:00:07 EST 2017
WASHINGTON (AP) — When did Republicans stop worrying and learn to love budget deficits? Over the next decade, their tax plan would add at least $1 trillion to the national debt. Th....
Pos Bulletin| Sat Dec 02 19:07:06 EST 2017
Republicans will try Monday to urgently reconcile the tax overhaul bills they passed in the House and Senate, entering a delicate period where they have to retain the support of th....
The Washington Post| Mon Dec 04 07:55:05 EST 2017
Add Republican Party as an interest to stay up to date on the latest Republican Party news, video, and analysis from ABC News. President Donald Trump has touted his tax overhaul as....
ABC News| Mon Dec 04 07:24:41 EST 2017
Stocks surged early Monday, buoyed by progress on a bill to overhaul the nation's tax code, but faded later in the trading session. The Standard & Poor's 500 index fell 3 point....
CBS News| Mon Dec 04 13:00:50 EST 2017
The Senate and the House seek to achieve a sweeping overhaul of the nation's tax code but go about it in different ways. With the Senate bill passed Saturday and the House bill pas....
Pos Bulletin| Sat Dec 02 22:09:26 EST 2017
WASHINGTON — President Donald Trump has touted his tax overhaul as a once-in-a-generation opportunity. Yet the plan Senate Republicans have embraced could force lawmakers to rewrit....
mySanAntonio.com| Mon Dec 04 10:01:49 EST 2017
The Dow Jones industrial average reached a record high on Monday, with banks and retailers surging and technology companies falling as investors realigned their portfolios in hopes....
The Washington Post| Mon Dec 04 16:32:12 EST 2017
FILE - In this Tuesday, Feb. 9, 2016, file photo, a trader works at the New York Stock Exchange. Stocks are opening solidly higher on Wall Street, Monday, Dec. 4, 2017, following m....
Pos Bulletin| Mon Dec 04 10:57:47 EST 2017
Stocks are opening solidly higher on Wall Street following more deal news and progress on the Republican tax overhaul plan, which passed the Senate in the early morning hours Satur....
CBS News| Mon Dec 04 07:00:37 EST 2017
WASHINGTON (AP) — President Donald Trump suggested Saturday he may be willing to negotiate changes to a significant portion of the tax overhaul, the corporate tax rate, injecting a....
Pos Bulletin| Sat Dec 02 19:07:05 EST 2017
___ $69B Aetna bid pushes CVS deeper into consumers' lives CVS Health says its $69-billion acquisition of the insurer Aetna will help create a customer "front door" to health care ....
ABC News| Mon Dec 04 16:39:06 EST 2017
In this Nov. 29, 2017, photo, President Donald Trump speaks about tax reform in St. Charles, Mo, last Wednesday. Tech firms remained largely quiet this week about the tax bill and ....
SFGate| Mon Dec 04 16:11:06 EST 2017
* Banks win, tech stocks lose * Aetna down after CVS agrees to buy co for $69 bln * Media stocks rise on deal talk * Indexes: Dow up 0.65 pct, S&P up 0.37 pct, Nasdaq off 0.34 ....
Reuters| Mon Dec 04 10:08:14 EST 2017
FILE - In this Tuesday, Feb. 9, 2016, file photo, a trader works at the New York Stock Exchange. Stocks are opening solidly higher on Wall Street, Monday, Dec. 4, 2017, following m....
Pos Bulletin| Mon Dec 04 07:10:51 EST 2017
WASHINGTON (AP) — Testing the resolve of Democrats, Senate Majority Leader Mitch McConnell declared Sunday there won't be a government shutdown this week over the question of prote....
Pos Bulletin| Sun Dec 03 10:30:09 EST 2017
WASHINGTON (AP) — President Donald Trump has suggested that he may be willing to negotiate changes to a significant portion of the tax overhaul, the corporate tax rate, injecting a....
Pos Bulletin| Sun Dec 03 01:04:48 EST 2017
(Reuters) - Wall Street was set to start the week on a bright note after the U.S. Senate passed its version of a tax overhaul bill, bringing closer to reality President Donald Trum....
Reuters| Mon Dec 04 04:00:03 EST 2017
NEW YORK (Reuters) - Global stock markets rose on Monday, along with the dollar and Treasury yields, after a major U.S. tax overhaul cleared an important hurdle. U.S. Dollar bankno....
Reuters| Mon Dec 04 07:07:08 EST 2017
Shares were steady in Asia on Tuesday after a lackluster session on Wall Street where technology stocks tumbled. Investors are keeping an eye on U.S. tax legislation and Brexit neg....
ABC News| Mon Dec 04 16:39:09 EST 2017
* Bank and industrial stocks among biggest premarket gainers * Aetna rises after CVS agrees to buy co for $69 bln * General Cable jumps after Prysmian’s deal to buy company * Futur....
Reuters| Mon Dec 04 04:14:38 EST 2017
NEW YORK (Reuters) - Wall Street pulled back on Tuesday as a technology stock rebound lost steam and enthusiasm from a tax-cut proposal waned, while copper prices fell steeply to t....
Reuters| Mon Dec 04 16:00:04 EST 2017
LONDON (Reuters) - The dollar jumped on Monday versus the currencies of other developed and emerging nations while Treasury yields rose and Wall Street was primed for a another rec....
Reuters| Mon Dec 04 01:04:26 EST 2017
SYDNEY (Reuters) - The U.S. dollar bounced to a two-week top on Monday and S&P futures rallied as traders marked the passage of a Senate tax bill over the weekend, a move that ....
Reuters| Sun Dec 03 16:45:00 EST 2017
The head of Nissan Motor Co.'s operations in North America said Monday that the company is undaunted by congressional efforts to do away with a federal tax credit for plug-in elect....
ABC News| Mon Dec 04 16:38:59 EST 2017
NEW YORK (Reuters) - A Democratic U.S. senator wants to free the biggest U.S. lenders from having to hold capital against certain assets held at central banks, according to a docum....
Reuters| Mon Dec 04 10:51:01 EST 2017
Stocks that moved substantially or traded heavily on Monday: General Cable Corp., up $7.65 to $29.45 The wiring maker agreed to be bought by Prysmian Group for $30 a share, or $1.5....
ABC News| Mon Dec 04 16:39:07 EST 2017
WASHINGTON - Economists expect the GOP tax overhaul to provide a modest boost to the US economy, but they're increasingly worried that a rewrite of the North American Free Trade Ag....
CBS News| Mon Dec 04 04:01:19 EST 2017
Sen. Susan Collins talks to reporters in the Senate chamber on Dec. 1 ahead of the Senate vote to pass the Republican tax plan. (Bill O'Leary/The Washington Post) Sen. Susan Collin....
The Washington Post| Mon Dec 04 16:32:12 EST 2017
LONDON, Dec 4 (Reuters) - Emerging equities rose from two-week lows on Monday helped by a key growth-boosting U.S. tax overhaul, but currencies fell against the stronger dollar, le....
Reuters| Mon Dec 04 01:04:25 EST 2017
NEW YORK (Reuters) - CVS Health Corp and Aetna Inc on Monday said their $69 billion deal to combine the pharmacy and drug benefit manager and the No. 3 U.S. health insurer would tr....
Reuters| Mon Dec 04 10:08:14 EST 2017
I'm Business columnist David Lazarus, and here's a rundown of upcoming stories this week and the highlights of last week. Traffic, a subject near and dear to all our hearts, took c....
Los Angeles Times| Mon Dec 04 04:01:47 EST 2017
LONDON (Reuters) - European stocks rallied strongly on Monday after the U.S. Senate passed a tax package delivering significant fiscal stimulus, which investors had anticipated wou....
Reuters| Mon Dec 04 01:04:29 EST 2017
CVS will buy insurance giant Aetna in a roughly $69 billion deal that will help the drugstore chain reach deeper into customer health care and protect a key client, a person with k....
CBS News| Sun Dec 03 10:59:27 EST 2017
CVS will buy insurance giant Aetna in a roughly $69 billion deal that will help the drugstore chain reach deeper into customer health care and protect a key client, a person with k....
CBS News| Mon Dec 04 07:00:31 EST 2017
WASHINGTON (AP) — Economists expect a tax overhaul to provide a modest boost to the U.S. economy but are increasingly worried that a rewrite of the North American Free Trade Agreem....
Pos Bulletin| Sun Dec 03 20:00:04 EST 2017

You May Also Like To Read

(Reuters) - Wall Street indexes rose on Monday as Republican-led efforts to slash corporate tax rates cleared a major hurdle, with investors picking stocks that have lagged for muc....
Reuters| Mon Dec 04 07:07:11 EST 2017
(Reuters) - Wall Street indexes rose on Monday as Republican-led efforts to slash corporate tax rates cleared a major hurdle, with investors picking stocks that have lagged for muc....
Reuters| Mon Dec 04 07:07:16 EST 2017
Congressional Republicans began taking steps Monday to reconcile differences between separate tax bills that passed the House and the Senate, hoping to complete negotiations and se....
The Washington Post| Mon Dec 04 16:32:13 EST 2017
While hoping a GOP tax overhaul becomes law, Ken Langone told CNBC on Monday the only way to really get America's financial house in order is to cut the federal debt. The billionai....
CNBC| Mon Dec 04 07:00:12 EST 2017
(Reuters) - Shares of the biggest U.S. banks rose on Monday, after the Senate approved a tax overhaul bill on Saturday, raising investor hopes that their earnings would get a boost....
Reuters| Mon Dec 04 07:00:03 EST 2017
NEW YORK (AP) — Stock indexes didn't do much at first glance on Monday, but the modest move for the Standard & Poor's 500 masked some dramatic changes roiling underneath the su....
Pos Bulletin| Mon Dec 04 13:12:43 EST 2017
From left, Rep. Richard E. Neal (D-Mass.), the ranking Democrat on the House Ways and Means Committee; Sen. Ron Wyden (D-Ore.), the ranking Democrat on the Senate Finance....
The Washington Post| Sun Dec 03 13:00:10 EST 2017
JERUSALEM (Reuters) - Israel may have to make adjustments to its corporate tax rate, Finance Minister Moshe Kahlon said on Saturday in response to a tax slash approved by the U.S. ....
Reuters| Sun Dec 03 10:00:03 EST 2017
WASHINGTON (AP) — President Donald Trump's recent rally in Missouri was a set-piece of distortion about taxes and the economy. He compounded his growing legacy of false tales on Tw....
Pos Bulletin| Sun Dec 03 22:14:29 EST 2017
(Refiles to fix link) To access the newsletter, click on the link: here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 6:00 pm: E....
Reuters| Sun Dec 03 22:13:16 EST 2017
To access the newsletter, click on the link: here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 6:00 pm: Economic Advisory Counc....
Reuters| Sun Dec 03 19:05:50 EST 2017
Here are the biggest sticking points they need to resolve while making sure the legislation does not reduce revenues by more than $1.5 trillion over the next decade or, under Senat....
Los Angeles Times| Mon Dec 04 10:01:15 EST 2017
NEW YORK (Reuters) - U.S. stock futures opened higher on Sunday after the U.S. Senate approved a tax overhaul bill early Saturday. S&P 500 e-minis EScv1 were up about 0.6 perce....
Reuters| Sun Dec 03 16:06:01 EST 2017
NEW YORK (Reuters) - U.S. stock futures opened higher on Sunday after the U.S. Senate approved a tax overhaul bill early Saturday. S&P 500 e-minis EScv1 were up about 0.6 perce....
Reuters| Sun Dec 03 16:48:54 EST 2017
Treasury Secretary Steven Mnuchin, right, and his wife Louise Linton, hold up a sheet of new $1 bills, Nov. 15 at the Bureau of Engraving and Printing (BEP) in Washington. The imag....
The Washington Post| Mon Dec 04 07:55:05 EST 2017
Defense contractors would be large winners from the tax reform packages, with Raytheon and Northrop Grumman among the "top beneficiaries," according to a report issued Monday. "The....
CNBC| Mon Dec 04 10:00:12 EST 2017
Stock indexes didn't do much at first glance Monday, but the modest move for the Standard & Poor's 500 masked some dramatic changes roiling underneath the surface. Telecom stoc....
Los Angeles Times| Mon Dec 04 13:01:29 EST 2017
NEW YORK (Reuters) - U.S. stock futures opened higher on Sunday after the U.S. Senate approved a tax overhaul bill early Saturday. S&P 500 e-minis EScv1 were up about 0.6 perce....
Reuters| Sun Dec 03 13:34:53 EST 2017
(Reuters) - Shares of the biggest U.S. banks were higher after the Senate approved a tax overhaul bill on Saturday, which will provide significant tax cuts for businesses. JPMorgan....
Reuters| Mon Dec 04 04:00:03 EST 2017