UPDATE 2-Weak trading, bleak commissions drag profits drown for China's brokers
* 2017 bright spots include bonds, IPOs, M&A (Recasts with overview on brokerages; adds background on other brokerages)
Jan 3 New Mountain Finance Corp :
* New Mountain Finance Corporation extends share repurchase program
* Board of directors has authorized an extension of a program for purpose of repurchasing up to $50 million worth of its common stock
* Expects repurchase program to be in place until earlier of December 31, 2017 Source text for Eikon: Further company coverage:
* Trump vows to move on to tax cut legislation (Adds Trump quotes, lawmaker reaction)
WASHINGTON, March 24 After failing to repeal Obamacare, Republicans in the U.S. Congress quickly pivoted on Friday to President Donald Trump's next priority: overhauling the federal tax code, but their plan has already split the business community.