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A higher tax on investment profits results in lower real estate values, which translates into lower property taxes, which crimps local government spending on public services and employees.
Despite the jump in profits, results were just shy of analyst expectations.
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The profits resulted partly from thousands of layoffs and factory closings.
Despite its huge sales it has posted comparatively low profits, resulting in relatively light tax bills.
Companies can sue governments for full compensation for any reduction in their future expected profits resulting from regulatory changes.
However, if the lost profits resulting from the society's decision to put the shutters up to new savings business is also taken into account, the bill is even higher.
In its suit, the company is now asking for an injunction against the use of the name, destruction of all products using it, and 100% of sales and profits resulting from the use of 50/50.
Some analysts argued the case itself was irrelevant given that Bank of America's takeover of Merrill had increased the bank's profits, resulting in a surge in its stock price.
Steady profits resulted partially from strong results in the software sector.
This work assesses the environmental impacts and profits resulting from the Brazilian melon, commercialized in Brazil.
The contracts may differ on the basis of division of profits resulting in contracts that may not be individually rational.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com