Nov
08
Stock Market Has Message for Firms Facing $730 Billion Tax Haul
By-
Companies that focus on capital spending outperforming
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Those spending on buybacks, dividends have fallen out of favor
There’s little doubt that American companies stand to reap a windfall if the Republicans pass tax cuts. Going by recent history, investors have a preference for what to do with the extra cash — more spending on plants and equipment and less on stock buybacks…
Stock Market Has Message for Firms Facing $730 Billion Tax Haul