Topic: Caterpillar Inc.

Lockheed, Boeing, others see health reform charges

LOS ANGELES (Reuters) - Lockheed Martin Corp , Boeing Co , Goodrich Corp and Ingersoll-Rand Plc on Wednesday joined a growing list of companies that plan to book charges related to U.S. healthcare reform.The federal government pays subsidies to large companies, including ...

AT&T sees $1 billion healthcare related charge

NEW YORK (Reuters) - AT&T Inc <T.N> said on Friday it would record a $1 billion non-cash charge for the current quarter related to the new U.S. health care reform law, as lawmakers called on the company and three other large employers ...

Health overhaul to hit profit at some companies

BOSTON (Reuters) - Two of the largest U.S. manufacturers said the healthcare overhaul will cost them millions of dollars this year, but the White House dismissed their complaints, saying it was simply closing a tax loophole.Deere & Co and Caterpillar Inc said ...

Deere sees $150 million hit from healthcare reform

NEW YORK (Reuters) - Farm equipment maker Deere & Co <DE.N> expects after-tax expenses to rise by $150 million this year as a result of the healthcare reform law President Barack Obama signed this week.Most of the higher expense will come in ...
Caterpillar says health care reforms will cost it $100M in 1Q because of smaller tax deductionHeavy-equipment maker Caterpillar says the new health care reform law will create a $100 million drag on its first-quarter earnings because of tax law changes.The Peoria company ...