Company | Charge |
Kroger | $2 |
Allegheny Technologies | $5 |
Carpenter Technology | $6 |
Goodrich | $10 |
Honeywell | $13 |
Xcel Energy | $17 |
Valero | $20 |
Illinois Tool | $22 |
Eaton | $25 |
AK Steel | $31 |
Ingersoll Rand | $41 |
Exelon | $65 |
Alcoa | $80 |
Brush Materials | $85 |
PPG | $85 |
3M | $90 |
Lockheed Martin | $95 |
Caterpillar | $100 |
Prudential | $100 |
Boeing | $150 |
Deere | $150 |
Wheeling Steel | $170 |
Verizon | $970 |
AT&T | $1,000 |
To Date: | $3,332 |
That's now 24 companies announcing $3.332 billion in charge-offs related to ObamaCare's new tax provisions. With a US median family income around $50,000 this represents the equivalent of approximately 67,000. Steelcase and DTE Energy were also expected to announce the impact of ObamaCare on their earnings, but had not announced as of 04/09/10.
Stay tuned for future updates, and if you know of a publicly traded company announcing earnings charges related to the new policy, please tweet me at @GulfCoastTider.
0 comments :
Post a Comment
You must have a Google Account to post a comment.
WARNING: Posting on this blog is a privilege. You have no First Amendment rights here. I am the sole, supreme and benevolent dictator. This blog commenting system also has a patented Dumbass Detector. Don't set it off.
Note: Only a member of this blog may post a comment.