This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Health Care Reform: Companies React

Xcel Energy
Xcel Energy (XEL) announced on April 1 that expects to expense about $17 million, or 4 cents a share, of previously recognized tax benefits relating to Medicare Part D subsidies during the first quarter ending March 31, 2010, as a result of the new health care law.

Xcel said that $17 million of additional tax expense won't reoccur in future periods. Xcel reaffirms its 2010 ongoing earnings guidance of $1.55 to $1.65 a share. "Xcel Energy does not consider the 4 cents per share charge to be part of ongoing earnings, as the adjustment results from a new law that is not expected to reoccur in the future," the company said in a statement.

9 of 17

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
EXC $34.02 -2.27%
HIG $41.17 -0.41%
PRU $83.40 -0.94%
VZ $50.09 -0.85%
AAPL $125.80 -2.25%


DOW 17,928.20 -142.20 -0.79%
S&P 500 2,089.46 -25.03 -1.18%
NASDAQ 4,939.3270 -77.6020 -1.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs