Home / Reuters: Business News / AmEx to post fourth-quarter loss on $2.4 billion hit from tax legislation

AmEx to post fourth-quarter loss on $2.4 billion hit from tax legislation

-
(Reuters) - American Express Co said it expects to report a fourth-quarter loss due to a $2.4 billion hit from the tax legislation which makes it cheaper for U.S. companies to repatriate profits.


from Reuters: Business News http://ift.tt/2CNHWC5
AmEx to post fourth-quarter loss on $2.4 billion hit from tax legislation AmEx to post fourth-quarter loss on $2.4 billion hit from tax legislation Reviewed by Tha Kur on January 03, 2018 Rating: 5

No comments:

Subscribe to: Post Comments ( Atom )
Powered by Blogger.