News: Rowan Companies PLC (RDC.N)

RDC.N on New York Stock Exchange

27.86USD
4:03pm EDT
Price Change (% chg)

$-0.30 (-1.07%)
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$28.16
Open
$28.13
Day's High
$28.27
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$27.84
Volume
459,828
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663,570
52-wk High
$38.64
52-wk Low
$27.80

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Mon, Aug 18 2014

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When companies flee U.S. tax system, investors often don't reap big returns

WASHINGTON August 18 - Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such "inversion" deals have failed to produce above-average returns for investors, a Reuters analysis has found.

CORRECTED-UPDATE 1-North Sea tax change to end drillers' 20-year tax holiday

(Corrects paragraph 15 to up to 15 percent, not up to 20 pct)

UPDATE 1-North Sea tax change to end drillers' 20-year tax holiday

* Industry pays little or no tax on 2 bln stg annual revenues

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