|Bid||1,583.21 x 100|
|Ask||1,584.07 x 100|
|Day's range||1,572.60 - 1,590.00|
|52-week range||833.50 - 1,617.54|
|PE ratio (TTM)||256.79|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The fate of Toys R' Us might make you sad, but it should not surprise you. And it doesn't spell the end of toy sales.
Mar.21 -- Stefanie Miller, senior analyst at Height Capital Markets, discusses the EU floating a new digital tax amid renewed scrutiny of tech firms and if the action is part of a coming trade war. She speaks with Jonathan Ferro on "Bloomberg Markets: The Open."
Mar.21 -- The European Commission has proposed a three percent tax on internet companies with an annual global turnover of $920 million. Bloomberg Tax's Ben Stupples reports on "Bloomberg Daybreak: Americas."
A European Commission proposal to levy a short-term tax on the turnover of companies with significant digital revenue in Europe is ill-judged in the absence of globally agreed rules, Ireland (Other OTC: IRLD - news) 's Prime Minister said on Wednesday. "It is important to emphasise that Ireland is committed to global tax reform. "The Commission has published a set of proposals today which recommends a short term temporary levy of 3 percent on certain digital activities.
Chinese internet giant Tencent Holdings will step up investments in areas such as video, payment and artificial intelligence, it said after reporting better than expected quarterly net profit thanks to a string of successful IPOs. Many of the achievements are the result of investment we made years ago," the company's president, Martin Lau, said at a media briefing in Hong Kong.
Digital companies pay on average an effective tax rate of 9.5 percent — compared to 23.2 percent for traditional businesses.
MADRID (AP) — Workers in the largest logistics center in Spain, owned by global e-commerce giant Amazon, are striking over wages and overtime benefits.
While the news cycle in Silicon Valley is consumed with all Facebook (FB) all the time, some interesting trends are being overlooked. An intriguing report on the potential of the Internet of Things (IoT) in the pharmaceutical industry is a worthy example. Data-analytics company GlobalData believes IoT will “transform” clinical trials, drug disclosure, manufacturing, supply chain and remote patient monitoring – fueling growth in software and services from $420 million in 2015 to $2.49 billion by 2020.