WASHINGTON — Executives from manufacturing giant Caterpillar Inc. are heading to Capitol Hill to explain what one senator calls an aggressive strategy to avoid paying billions of dollars in U.S. 640 more words
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According to a Senate report that was issued on Monday, Caterpillar, the construction machinery giant, avoided $2.4 billion U.S taxes as they shifted their profits to a wholly owned subsiadiary in Switzerland and negotiating a corporate deal to hide camouflage there profits.
In a report…
Changes in analyst ratings help investors identify opportunities, but so do short positions.
“As challenging as investing is in general, shorting requires an even higher level of care,” Jonathan Golub, chief U.S. 329 more words