Congress Seeks More Information on Health Care Charges
March 30, 2010 at 17:20 PM EDT
AT&T (T) announced last week that it would charge $1 billion against its earnings as a result of the recently passed health care bill. Other companies also announcing charges include Caterpillar (CAT) ($100 M), John Deere (DE) ($150 M), and MMM ($85-90 M). Analyst David Zion of Credit Suisse estimated that S&P 500 companies will [...]