Wednesday, June 20, 2007

Xcel settles tax dispute over insurance policies

(Reuters) - As a result of the proposed settlement, the company expects to record a loss ranging from about $35 million to $45 million in 2007. Xcel now sees 2007 earnings of $1.20 to $1.32 per share.




Analysts had, on average, expected the company to earn $1.42 per share in 2007.


Read more at Reuters.com Market News

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