Pres. Obama's re-election doesn't bode well for the odds of a tax holiday on overseas cash,...
Pres. Obama's re-election doesn't bode well for the odds of a tax holiday on overseas cash, notes Eric Savitz. That's problematic for large-cap tech names such as Apple (AAPL), Microsoft (MSFT), and Cisco (CSCO), which respectively have $83B, $54B, and $42.5B stashed overseas (per their most recent financials). As Savitz observes, there's a good chance some of that cash will be used on foreign acquisitions, especially in light of recent deals such as Microsoft/Skype and Cisco/NDS.
From other sites
Video at CNBC.com (Wed, 8:45AM)
Video at CNBC.com (Tue, 5:40PM)
Video at CNBC.com (Tue, 5:00PM)
Video at CNBC.com (Tue, 3:02PM)
Video at CNBC.com (Tue, 2:36PM)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs