Wednesday, March 31, 2010

Boeing, Lockheed Expect Health-Care Charges

The cost to companies of the landmark U.S. health-care overhaul continued to mount Wednesday as Boeing Co. said it will take a $150 million charge against first-quarter earnings because of tax changes in the legislation.

Also Wednesday, fellow aerospace company Lockheed Martin Corp. estimated that it will take a $96 million charge because of the health-care legislation and expects the charge to reduce per-share earnings by 25 cents in the ...

The Wall Street Journal

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