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U.S. Morning Call: Buffett Rule fails U.S. Senate vote

Monday, April 16, 2012 - 02:03

April 17 - Senate Republicans block President Obama's ''Buffett Rule'' legislation which would have put a 30 percent minimum tax on millionaires.

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Here's your morning call for this Tuesday millionaires breathing a little easier today than Republicans blocked President Obama -- federal legislation. The measure which would've put up 30% minimum tax on millionaires. Built pick up the sixty votes needed to move to a full debate and them. One Republican senators supported the measure Susan Collins -- while one democratic senator Mark Pryor of Arkansas a post yet. With natural gas prices near decade -- energy companies are turning more oil make a profit. That includes Chesapeake Energy which announced plans to -- close to 900 million dollars. In an IPO for oilfield services unit. Chesapeake oilfield services provides Chesapeake and its partners really assistance. In many of the most heavily rural areas in the US the company intending to list its shares on the NYSE under the ticker CO. I began getting out of another technology business until she messing disagreed. To -- big -- pointed sale terminal business for 815 million aims to do business with Wal-Mart and Toys 'R' Us. The unit includes cash registers and software to monitor inventory for retailers William RI BM earlier today when reports. Quarterly results after the close and now. Economic data out today includes reports on housing market housing starts and building permits due at 830. Economists expecting little change in March February Thomson Reuters I our market sees this as a positive as though aren't upward trend. I hit our points out the warm weather probably helped keep construction activity humming along. Data on industrial production capacity utilization. Come out at 950. Stocks to watch today -- to regional banks. We start with America which posted a higher quarterly profit and said. It is considering raising its dividend by 50%. Shares are down close to 20% over the past year. And US Bancorp which also reported a rise in earnings -- forecast its stock is up about 20%. Over the last twelve months. That's according -- Tuesday on and -- this is Reuters Insider.

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U.S. Morning Call: Buffett Rule fails U.S. Senate vote

Monday, April 16, 2012 - 02:03