ADVFN - Advanced Financial Network.
HOME» NYSE » N » NRG Stock Price » NRG Stock News

Nrg Energy Share News

 Nrg Energy (new) Stock Price
NRG Stock Price
 Nrg Energy (new) Stock Chart
NRG Stock Chart
 Nrg Energy (new) Stock News
NRG Stock News
 Nrg Energy (new) Company Information
NRG Company Information
 Nrg Energy (new) Stock Trades
NRG Stock Trades

CME-CBOE Tax Break Bill Clears First Legislative Hurdle In Illinois

By Howard Packowitz Of DOW JONES NEWSWIRES CHICAGO -(Dow Jones)- An Illinois Senate committee endorsed legislation Thursday that would cut by about half the state taxes paid by Chicago's derivatives exchanges. The city's two largest exchanges, CME Group Inc. (CME) and CBOE Holdings Inc. (CBOE), threatened to leave Illinois because of what they call an unfair tax burden. The legislature in January raised the state's corporate income tax to 7% from 4.8% to help fill gaping budget deficits. However, the bill introduced Monday by Democratic Senate President John Cullerton would reduce CME and CBOE's tax bill by about 50%. The measure's key provision would tax only about 27.5% of all electronic trades performed at the exchanges, rather than the 100% now. Cullerton came up with the 27.5% figure based on U.S. census data approximating the proportion of electronic trades that are performed in Illinois. Electronic platforms expand their reach worldwide, far beyond traditional trading floors. Action on the bill was delayed for a day because it lacked bipartisan support, according to a Cullerton spokesman. The committee's endorsement followed a meeting this morning between legislative leaders and Gov. Pat Quinn, a Democrat. The bill now moves to the full Senate for consideration. It must also win favor in the Democratic-controlled Illinois House of Representatives and Gov. Quinn. -By Howard Packowitz, Dow Jones Newswires; 312 750 4132;

Stock News for Nrg Energy (NRG)
10/12/201507:04:49NRG Energy declares $0.145 dividend
10/12/201507:00:00NRG Energy, Inc. Announces Quarterly Dividend
10/08/201513:00:00New Power Features Installation Complete at NRG Park
09/21/201516:41:00NRG Announces Plan to Repurchase Additional Common Stock as part...
09/18/201511:20:00NRG to Reduce Debt, Cut Costs
09/14/201516:30:00NRG and NRG Yield to Hold Investor Call on September 18, 2015
08/13/201507:00:00MGM Resorts International Named 2015 Finalist For Prestigious...
08/04/201506:39:00NRG Energy, Inc. Reports Second Quarter 2015 Results, Reaffirms...
07/27/201510:00:00Opening of “Shared Solar” Project Signals Strong Future for NRG...
07/22/201514:27:00New Reliant VP Amps Up Company's Executive Roster
07/22/201507:00:00NRG Energy, Inc. to Present Second Quarter 2015 Financial Results...
07/15/201507:00:00NRG Energy, Inc. Announces Quarterly Dividend
07/10/201509:00:00NRG and Lucid Join Forces to Bring Smarter Building Management...
07/07/201506:00:00NRG and Ice Energy Partner for Southern California Utility Storage...
06/23/201508:00:00NRG Renew to Develop 20MW Solar Energy Facility for Cisco
06/18/201508:00:00In Time for Hurricane Season: NRG Home to Offer Home Backup Generators
06/07/201513:03:02Why The Military Will Drive Energy Innovation to a New Level
06/04/201519:11:00Reliant and NRG Respond with Funds and Hands-On Support for Texas...
05/28/201508:00:00NRG Energy Employees Power-up Philanthropy During NRG Global...
05/21/201516:49:00California Public Utilities Commission Approves NRG Energy’s C...

Nrg Energy and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations