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0.00484468509546864 0.00484468509546864 0.00484468509546864 0.00683955542889698 0.0116842405243658 0.0163864348817326 0.0151040182388145 0.024793388429752
Stock impact report

Haynes International, Inc. Reports on Tax Cuts and Jobs Act

Haynes International, Inc. (HAYN) 
Last haynes international, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: haynesintl.com/contact/investor-relations
Company Research Source: GlobeNewswire
KOKOMO, Ind., Jan. 22, 2018 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ:HAYN) (the “Company”), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, today announced the preliminary impact of the Tax Cuts and Jobs Act. On December 22, 2017, the Tax Cuts and Jobs Act (the "Act") was signed into law. The Act reduces the federal corporate income tax rate from 35% to 21% effective January 1, 2018, which the Company expects will positively impact its future effective tax rate and after-tax earnings in the United States. The Company may also be affected by certain other aspects of the Act, including, without limitation, provisions regarding repatriation of accumulated foreign earnings and deductibility of capital expenditures. The Company is in the process of determining what, if any, effect those provisions will have on the Company’s financial results, and there can be no assurance of whether such additional effects will be positiv Show less Read more
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