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Would show that companies dont always use the asset when theyre repatriated to invest in manufacturing, jobs, things you gees are talking about they Share Buybacks and financial engineering. How do you guarantee that wont happen this time so, look, we heard that numerous times if thats our worstcase scenario that companies repatriate their money and use it for share pbuybacks and dividends, what happens . They buy back shares, issue dividends, pay the repatriation tax, we get another 20 tax on Capital Gains or dividends and the people who get that money back do what they reinvest it back in th...

Okay, second panel. Yall ready . And just like before, start out with Opening Statements from all the panelists followed by questions from members and i recognize thomas fanning. President and ceo of Southern Company. Hes here on behalf of electricity sub sector counsel. Tom, you have five minutes for your opening statement. Microphone please. Thank you. Thank you for inviting me to testify today. My name is tom fanning. I am the chairman, president , and ceo of Southern Company and past chairman of the Edison Electric institute, the association that represents all the u. S. Investorowned elec...

Okay, second panel. Yall ready . And just like before, start out with Opening Statements from all the panelists followed by questions from members and i recognize thomas fanning. President and ceo of Southern Company. Hes here on behalf of electricity sub sector counsel. Tom, you have five minutes for your opening statement. Microphone please. Thank you. Thank you for inviting me to testify today. My name is tom fanning. I am the chairman, president , and ceo of Southern Company and past chairman of the Edison Electric institute, the association that represents all the u. S. Investorowned elec...

That was going to be demanded here by the European Commission were huge. What weve got here in 13 billion is significantly away from challenge the ruling. And youve got the u. S. Treasury that they feel companies, u. S. Firms operating europe are being targeted unfairly as well. I think behind the scenes here, theres going to be a lot of kons nation at the significant size of the charge reform in the interim because if the tax laws there change and some of these companies repat rate the cash theyre holdi ing overseas, thats moves the cash out of the way of the European Legal system. Then will ...

European evaluations are more attractive. As soon as they get up, we will look for that hes at bloomberg. Com and get it on our twitter account we will look at that piece and get it on bloomberg. Com and get it on our twitter account. We spoke to the ceo, you see sales of dying but not as much as a market had anticipated. No turnaround for this year. Quarterly sales declined. Sales dropped by 1. 9 . The market thought 2. 6 . 150 Million Pounds invested in lvmh. We caught the with the ball gary and ceo will said 2015 has started well we caught up with the ball very and bulvarian ceo and he said...