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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ATI Inc | NYSE:ATI | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.18 | -0.29% | 61.43 | 62.22 | 61.38 | 61.73 | 185,146 | 17:42:02 |
("List of Companies Posting Charges Related To Health-Care Law," published at 1630 GMT, misspelled the corporate name of PPG Industries Inc. (PPG) and included a duplicate charge for Caterpillar Inc. The correct version follows:)
Starting in 2013, companies that provide prescription-drug benefits for retirees under Medicare can no longer deduct this subsidy from their taxes, due to the federal health-care overhaul signed into law on March 23.
Since companies had created an asset based on these expected deductions, they will now need to take a charge to reflect the fall in the asset's value.
The following companies have announced the amount of their health-care-related charges. Search the subject code N/HCC for the latest news on this topic.
Exxon Mobil Corp. (XOM) -- 4 cents a share in 1Q
Brinks Co. (BCO) -- 28 cents a share in 1Q
American Electric Power Co. (AEP) -- $21 million in 1Q
Clearwater Paper Corp. (CLW) -- 37 cents a share in 1Q
Empire District Electric Co. (EDE) -- $2.1 million in 1Q
Allegheny Technologies Inc. (ATI) -- $5.3 million in 1Q
Potlach Corp. (PCH) -- $3 million, or 7 cents a share, in 1Q
Norfolk Southern Corp. (NSC) -- $27 million, or 7 cents a share, in 1Q
Ecolab Inc. (ECL) -- $5 million in 1Q
3M Co. (MMM) -- 11 cents a share in 1Q
Caterpillar Inc. (CAT) -- $90 million in 1Q
Humana Inc. (HUM) -- 4 cents a share in 1Q
Merck & Co. (MRK) -- $150 million in 1Q
Schlumberger Ltd. (SLB) -- $40 million in 1Q
Chubb Corp. (CB) -- 7 cents a share in 1Q
Deluxe Corp. (DLX) -- 7 cents a share in 1Q
PepsiCo Inc. (PEP) -- $40 million in 1H
Reynolds American Inc. (RAI) -- 9 cents a share in 1Q
Altria Inc. Group Inc. (MO) -- 1 cent a share in 1Q
Deluxe Corp. (DLX) -- 7 cents a share in 1Q
Sherwin-Williams Co. (SHW) -- 10 cents a share in 1Q
Baxter International Inc. (BAX) -- 7 cents a share in 1Q
Boeing Co. (BA) -- $150 million in 1Q; cut 2010 view by 20 cents a share
Johnson & Johnson (JNJ) -- sees 2010 earnings cut by 10 cents a share
Hormel Foods Corp. (HRL) -- 5 cents a share in 2Q
Eli Lilly & Co. (LLY) -- 12 cents a share in 1Q
Gannett Co. (GCI) -- $2.2 million in 1Q
MetLife Inc. (MET) -- $75 million in 1Q
PPG Industries (PPG) -- $85 million in 1Q
United States Steel Corp. (X) -- $27 million in 1Q
CNH Global NV (CNH) -- $20 million in 1Q
AT&T Inc. (T) -- $1 billion in 1Q
Verizon Communications Inc.(VZ) -- $970 million in 1Q
Carpenter Technology Corp.(CRS) -- 13 cents a share in 3Q
Ingersoll-Rand Co. Ltd. (IR) -- $41 million in 1Q
Lockheed Martin Corp. (LMT) -- $96 million or 25 cents a share in 1Q
Valero Energy Corp. (VLO) -- $15 million to $20 million in 1Q
Deere & Co. (DE) -- $150 million in 1Q
Prudential Financial (PRU) -- $100 million in 1Q
Xcel Energy Inc. (XEL) -- $17 million in 1Q
Goodrich Corp. (GR) -- $10 million in 1Q
AK Steel Holding Corp. (AKS) $31 million in 1Q
Honeywell International Inc. (HON) -- $13 million in 1Q
Kroger Co. (KR) -- $1.5 million to $2 million in 2010
Illinois Tool Works Inc. (ITW) -- $22 million in 1Q
CMS Energy Corp. (CMS) -- $17 million in 1Q
Eaton Corp. (ETN)-- $25 million in 1Q
Exelon Corp. (EXC) -- $65 million in 1Q
Hartford Financial Services Group Inc. (HIG) -- $20 million in 1Q
Brush Engineered Materials Inc. (BW) -- 7 cents a share in 1Q
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