WASHINGTON May 20 The U.S. Supreme Court on Monday ruled for utility PPL Corp over its dispute with the U.S. Internal Revenue Service concerning credits the company claimed to offset overseas tax payments.
The court ruled on a unanimous vote that Pennsylvania-based PPL can claim $39 million in U.S. foreign tax credits against a 1997 British windfall tax.
BRIEF-California First National Bancorp Q1 earnings per share $0.19
* California First National Bancorp says total interest income for Q1 increased 16% to $7.2 million from $6.2 million for Q1 of fiscal 2016 Source text for Eikon: Further company coverage:
BRIEF-Southside bancshares q3 earnings per share $0.49
* Q3 earnings per share view $0.52 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage: