By Ciara Linnane and Tomi Kilgore
“Long-term investors and workers hoping that the tax overhaul and repatriation holiday will encourage investment in growth and a rise in wages should brace for disappointment.
A spike in share buyback and special dividend announcements in the past 10 days reveals that companies are more likely to use any money saved on an all-too-familiar item: shareholder returns.”…
[Click HERE to read the full article]