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Congress Seeks More Information on Health Care Charges

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 [...]
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