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Stock impact report

Banks, healthcare service firms among winners from U.S. tax bill [FOX Business Network]

Universal Health Services, Inc. (UHS) 
Last universal health services, inc. earnings: 4/27 04:17 pm Check Earnings Report
US:NYSE Investor Relations: ir.uhsinc.com/investor-overview
Sweeping U.S. tax legislation appears to be on the verge of approval, lifting the prospects in particular for banks, telecoms, transports and other industries that stand to gain the most from lower corporate tax rates. Continue Reading Below The Republican-led U.S. House of Representatives approved the legislation favored by President Donald Trump on Tuesday, sending the bill to the Senate, where lawmakers were due to take up the package later in the evening. The bill slashes the corporate income tax rate to 21 percent from 35 percent. That would boost overall earnings for S&P 500 companies by 9.1 percent, according to UBS equity strategists. Momentum behind the tax bill over the past month has helped propel the stock market, which had already rallied sharply this year, to fresh record highs. The S&P 500 has climbed about 5 percent since mid-November when the House of Representatives passed its tax overhaul bill. But the bill, which also includes a on Show less Read more
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