Documents tagged "Publicly"
Found 2 documents with this tag
HOUSE_OVERSIGHT_025242.txt
This document discusses the economic and equity market conditions in the US, Asia ex-Japan, and Europe for 2012, focusing on Spain as a particular area of concern. The author also addresses some key Q&A topics related to the US recovery, including durable goods consumption, equipment & software spending, vehicle sales, bank loans to companies, manufacturing payrolls, credit card delinquencies, household credit growth, homebuilders' demand, and remodeling trends. It highlights opportunities in retailing and building products companies that may benefit from these trends. The author concludes by suggesting that while there have been improvements in various economic indicators, some challenges remain, such as weak household credit growth.
HOUSE_OVERSIGHT_023564.txt
Leon Black, CEO of Apollo Global Management LLC, is considering the potential tax implications of the new U.S. tax regime for his firm and other Wall Street firms. Publicly traded partnerships like Apollo are taxed differently than corporations, so there is a decision to be made about whether to take advantage of the overhauled tax rules or convert to an Inc. from an LLC, which would increase its tax bill but allow it to attract investments from mutual funds. The new lower corporate rate has made it possible for bigger publicly traded partnerships to consider this change.