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Fintech Focus For February 26, 2021
Thursday, February 25, 2021 - 7:35pm | 1724Read More...Quote To Start The Day: “The time to settlement equals counterparty risk, which can become elevated during market shocks. It can also lead to the need for higher margin requirements, which are critical to protecting the financial system and investors against a firm default.” “We...
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The Street's Reaction To Intuit's Earnings: 'Feeling Better'
Friday, November 20, 2020 - 11:40am | 625Read More...TurboTax and QuickBooks parent company Intuit Inc. (NASDAQ: INTU) reported fiscal first-quarter results highlighted by a 14% revenue growth. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts RBC Capital Markets analyst Alex Zukin maintains an...
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US Wants To Put 100% Tariffs On $2.4B French Imports
Tuesday, December 3, 2019 - 1:54am | 470Read More...The office of the U.S. Trade Representative on Monday proposed to impose up to 100% additional duties on certain French imports worth $2.4 billion. What Happened The federal agency said that its investigation found France’s Digital Services Tax to be “burdensome” for the...
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Morgan Stanley Drops Bearish Intuit Stance, Points To Tax Season Catalysts
Monday, February 4, 2019 - 11:50am | 417Read More...Morgan Stanley's bearish stance on Intuit Inc. (NASDAQ: INTU), which dates to September 2016, is no longer justifiable ahead of multiple catalysts that should result in more durable revenue growth, in the sell-side firm's view. The Analyst Analyst Keith Weiss upgraded Intuit from...
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H&R Block Outlook Pays A Penalty For Inconsistent Performance
Wednesday, August 30, 2017 - 10:51am | 519Read More...Shares of H&R Block Inc (NYSE: HRB) tumbled more than 7 percent Wednesday as investors weren't satisfied with the company's fiscal first-quarter earnings report, which prompted some analysts to reiterate a Sell rating on the stock. BTIG's Mark Palmer maintains a Sell rating with an...
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Deutsche Banks Still Buying Intuit After A 'Clean' Q4 Beat
Wednesday, August 23, 2017 - 10:13am | 307Read More...Intuit Inc. (NASDAQ: INTU)'s "clean" earnings beat in its fourth-quarter results reaffirmed the bullish case for owning the stock, analysts at Deutsche Bank commented in a research report. Analyst Nandan Amladi maintains a Buy rating on Intuit's stock with an unchanged $150 price...
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Facebook The Latest Big Tech Company With Tax Problems
Thursday, July 7, 2016 - 3:15pm | 390Read More...Facebook Inc (NASDAQ: FB) is the latest big-name tech company to answer questions regarding its tax bill. This week, the U.S. Justice Department filed a petition to force Facebook to comply with an investigation into property the company transferred to an Ireland subsidiary for tax purposes back in...
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How Traders Can Save $5,000 A Year
Wednesday, October 15, 2014 - 11:29am | 399Read More...Robert Green is a certified public accountant and the founder of Green NFH, LCC, a tax and accounting firm focused on traders, investors and investment management businesses. Green recently joined Benzinga’s #PreMarket Prep to talk about ways that traders can save thousands of dollars a...
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Do-Nothing Congress Continues Helping GE, Apple, Other Multinational Tax Dodgers
Tuesday, April 29, 2014 - 5:03pm | 822Read More...On Tuesday the House Ways and Means Committee sent a package of bills to the House floor, that would cost American taxpayers hundreds of billions of dollars over the next ten years by making permanent tax provisions multinational corporations use to avoid U.S. tax. “For all of the talk in...
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Meisa Bonelli Talks Tax Strategies For Traders And Embarrassing Tax Questions
Thursday, April 3, 2014 - 11:29am | 643Read More...Meisa Bonelli is a Wall Street finance and tax professional, business match-maker and mentor. She is the President of Millennial Tax Ventures and dropped by for a chat on Benzinga's #PreMarket Prep show. Bonelli, a native New Yorker, is a member of the National Association of Tax...
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Netflix CEO Calls Interconnection Fees An "Arbitrary Tax"
Friday, March 21, 2014 - 1:10pm | 548Read More...In a blog post Thursday, Netflix (NASDAQ: NFLX) CEO Reed Hastings said content companies like Netflix should be given adequate network connections free of charge. Hasting’s blog post stems from the deal Netflix inked with Comcast (NASDAQ: CMCSA) this past February in which Netflix agreed to pay...
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Buffett Pays Too Little Tax, Not Because He's So Rich but Because the U.S. Tax System is So Poor
Wednesday, August 17, 2011 - 10:48pm | 703Read More...Here's a Canadian perspective from Jack Mintz on Warren Buffett's proposal that the "billionaire-friendly Congress" stop coddling him and his friends by raising tax rates on the "mega-rich": "Although a brilliant investor, Warren Buffett's recent prognosis to hike taxes on the rich is off the...
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Special Dividends for 2010
Wednesday, December 1, 2010 - 4:53am | 518Read More...2010 may be the last year to have dividends taxed at 15%, and companies are responding by handing out special dividends. So far this year, Garmin (NASDAQ: GRMN), Transocean (NYSE: RIG), Hot Topic (NASDAQ: HOTT), Guess (NYSE: GES), etc. have already declared special dividends. With only one month...
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Switzerland A Tax Haven No More?
Friday, October 1, 2010 - 9:52am | 126Read More...Bloomberg is reporting that Switzerland's yet to be signed tax treaty with Germany may end secret banking and tax evasion in Europe as we know it, prompting mass withdrawals as Swiss banks will no longer guarantee client confidentiality. It appears that the treaty will allow investigators to...
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The Doomsday Investment: Real Assets
Wednesday, June 16, 2010 - 6:00am | 973Read More...Every time I turn on the news the media has found another “doomsday” story to scare the masses into thinking that the world is going to end. Y2K, Avian Flu, SARS, Swine Flu, terrorist attacks, drug wars, and multiple financial crises have been the most prominent topics of the...
