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EXC Exelon Corp

48.80
0.00 (0.00%)
14 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Exelon Corp NYSE:EXC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 48.80 0 01:00:00

Exelon Loses Tax Dispute, Says Decision Won't Affect Earnings -Bloomberg

09/10/2013 12:21am

Dow Jones News


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The U.S. Court of Federal Claims ruled against Exelon Corp. (EXC) in a tax dispute, ruling that the company can't use decommissioning costs for three nuclear plants to generate tax benefits, Bloomberg News reported Tuesday.

An Exelon spokesman said in a statement that "there is no associated liability or impact to Exelon's earnings," and said the company "will be evaluating the court's decision to determine whether or not to pursue an appeal," Bloomberg reported.

Full story at http://www.bloomberg.com/news/2013-10-08/exelon-loses-tax-suit-claiming-1-69-billion-in-costs.html

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