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As Treasury cracks down on corporate tax inversion practices, the debate heats up about whether the move is fair, or if the American tax rate is just too high.
S&P 500 companies spent $116.2 billion on buybacks in 2Q, fewer repurchases from the previous quarter, even as more firms reduced share counts.
U.S. equities were lower after Treasury moved to curb tax-inversion deals, and the U.S., with Arab allies, bombed Syria for the first time Tuesday.
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