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Major indices are still broadly higher, but under pressure going into the final hour. Dow +2.08%...

Major indices are still broadly higher, but under pressure going into the final hour. Dow +2.08% to 9512. S&P +2.65% to 992. Nasdaq +1.83% to 1758.
Comments (9)
  • deercreekvols
    , contributor
    Comments (6696) | Send Message
     
    Where's is the story on the "Double Irish" tax break?

     

    This is where I ended up when I clicked on the Top News link.
    27 May 2013, 10:49 AM Reply Like
  • deercreekvols
    , contributor
    Comments (6696) | Send Message
     
    Still no story...
    27 May 2013, 10:57 AM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    http://reut.rs/18n2Wwu
    27 May 2013, 11:33 AM Reply Like
  • minecanary
    , contributor
    Comments (629) | Send Message
     
    Deer, that would be seen as bad news for most of the S&P so can't leave it up....have to just post the increases and hope you don't foloow up
    27 May 2013, 12:08 PM Reply Like
  • D_Virginia
    , contributor
    Comments (2280) | Send Message
     
    From the article linked by Whitehawk (thanks for that!):

     

    "Irish government ministers have said the country's tax system is fair and transparent and that international efforts are needed to curb large scale tax avoidance by multinational companies."

     

    That last part is especially true. If Ireland close a loophole, some other nation will open up another one.

     

    Whiny little global corporate children need mature global government parents to monitor them and make sure they play quietly and don't ruin the dinner party for all of us.
    27 May 2013, 01:08 PM Reply Like
  • june1234
    , contributor
    Comments (3145) | Send Message
     
    No Xmas cards from S&P 500 companies for Irish if they go through with it. Just like the theory overseas cheap labor will evaporate as countries prosper and wages increase. They'll just find another country with $300 a month labor.
    27 May 2013, 03:41 PM Reply Like
  • deercreekvols
    , contributor
    Comments (6696) | Send Message
     
    Whitehawk,

     

    Thank your for the link.

     

    Must be the SA folks are out on holiday today and couldn't provide the link to the correct article.

     

    Enjoy your day.
    27 May 2013, 04:24 PM Reply Like
  • Ron Myers
    , contributor
    Comments (256) | Send Message
     
    Wish I could have bought the S&P at 992...
    27 May 2013, 08:28 PM Reply Like
  • IgnisFatuus
    , contributor
    Comments (2151) | Send Message
     
    Ron Myers, LOL. Just saw the posted article was from November 4, 2008.
    27 May 2013, 10:38 PM Reply Like
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