0.000451317848116432 0.000451317848116432 0.00146427568500024 1.00292855136909E-05 0.000922694267260359 0.00151442211256869 0.00184037389176399 0.00271673285995105
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Stockreport

Companies are getting tariff refunds. Will you see lower prices? [Yahoo! Finance]

Costco Wholesale Corporation (COST)  More Company Research Source: Yahoo! Finance
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
Two months after the nation's highest court struck down tariffs President Donald Trump imposed last year under the 1977 International Emergency Economic Powers Act, U.S. businesses who paid those fees can apply for refunds through a new Customs and Border Protection portal . Court filings show those refunds could total roughly $166 billion, with more than 330,000 importers having paid tariffs on more than 53 million shipments. While companies shouldered much of the tariff costs, at least some were passed to shoppers through higher shelf prices. Still, consumers aren't likely to see direct refunds or lower prices across the board, according to Jackson Wood, director of industry strategy for Descartes' Global Trade Intelligence business unit. “Paying those tariffs blew a giant hole in their profit loss statements, and so recapturing those duty payments is really going to be about making their businesses whole,” Wood said. “It's unlikely to bring much relief to the U.S. consumer any [Read more]
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Stockreport

Companies are getting tariff refunds. Will you see lower prices? [Yahoo! Finance]

Costco Wholesale Corporation  (COST) 
More Company Research Source: Yahoo! Finance
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
Two months after the nation's highest court struck down tariffs President Donald Trump imposed last year under the 1977 International Emergency Economic Powers Act, U.S. businesses who paid those fees can apply for refunds through a new Customs and Border Protection portal . Court filings show those refunds could total roughly $166 billion, with more than 330,000 importers having paid tariffs on more than 53 million shipments. While companies shouldered much of the tariff costs, at least some were passed to shoppers through higher shelf prices. Still, consumers aren't likely to see direct refunds or lower prices across the board, according to Jackson Wood, director of industry strategy for Descartes' Global Trade Intelligence business unit. “Paying those tariffs blew a giant hole in their profit loss statements, and so recapturing those duty payments is really going to be about making their businesses whole,” Wood said. “It's unlikely to bring much relief to the U.S. consumer any [Read more]
IMPACT SNAPSHOT
EVENT TIME:
COST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS