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Extraction Summary

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People
66
Organizations
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Locations
0
Events
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Relationships
2
Quotes

Document Information

Type: Financial report / equity strategy research
File Size: 2.19 MB
Summary

This document is page 19 of a 'Equity Strategy Focus Point' report produced by Bank of America Merrill Lynch on January 29, 2017. It presents a table of S&P 500 companies identified as potential beneficiaries of a lower US corporate tax rate due to their high effective tax rates and low foreign sales exposure. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a document production to the House Oversight Committee.

Organizations (66)

Name Type Context
Bank of America Merrill Lynch
Charter Communications, Inc.
Devon Energy Corporation
Regeneron Pharmaceuticals, Inc.
Cabot Oil & Gas Corporation
EOG Resources, Inc.
Range Resources Corporation
Centene Corporation
AmerisourceBergen Corporation
CenterPoint Energy, Inc.
American Water Works Company, Inc.
Southwestern Energy Company
CVS Health Corporation
Whole Foods Market, Inc.
Chipotle Mexican Grill, Inc.
Nordstrom, Inc.
AutoNation, Inc.
T. Rowe Price Group
CarMax, Inc.
Public Service Enterprise Group Inc
J.B. Hunt Transport Services, Inc.
Ulta Salon, Cosmetics & Fragrance, Inc.
Chesapeake Energy Corporation
Ameren Corporation
Alaska Air Group, Inc.
CenturyLink, Inc.
Union Pacific Corporation
Ross Stores, Inc.
Lowe's Companies, Inc.
Best Buy Co., Inc.
Advance Auto Parts, Inc.
Southwest Airlines Co.
Synchrony Financial
Dollar Tree, Inc.
Charles Schwab Corporation
Navient Corp
Cardinal Health, Inc.
Concho Resources Inc.
Discover Financial Services
Quest Diagnostics Incorporated
CSRA, Inc.
Dollar General Corporation
Cimarex Energy Co.
WEC Energy Group Inc
CSX Corporation
Cintas Corporation
O'Reilly Automotive, Inc.
Kohl's Corporation
Bed Bath & Beyond Inc.
Tractor Supply Company
Humana Inc.
Tesoro Corporation
Express Scripts Holding Company
Home Depot, Inc.
CME Group Inc.
UnitedHealth Group Incorporated
Paychex, Inc.
Norfolk Southern Corporation
Macy's Inc
Reynolds American Inc.
Comcast Corporation
AutoZone, Inc.
Universal Health Services, Inc.
Aetna Inc.
DaVita Inc.
House Oversight Committee

Key Quotes (2)

"Lower US corporate tax rate: potential beneficiaries"
Source
HOUSE_OVERSIGHT_023087.jpg
Quote #1
"Below we provide a screen of domestically-oriented S&P 500 companies (<10% foreign sales exposure) with a high (>35%) median 5-year effective tax rate which could potentially benefit most from a lower US corporate tax rate."
Source
HOUSE_OVERSIGHT_023087.jpg
Quote #2

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