MarketWatch: The Trump administration’s plan to cut corporate taxes may add more fuel to the already hot rally in the shares of automation companies. Fund managers from Columbia Threadneedle Investments, Hodges Capital and Hood Capital say they expect that companies will use part of their tax savings to invest in high-cost machines that will allow them to reduce labour costs over time. - Reuters
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!