Idaho Power holding company Idacorp (IDA +2.2%) gains after receiving the stamp of approval from...

|By:, SA News Editor

Idaho Power holding company Idacorp (IDA +2.2%) gains after receiving the stamp of approval from a Congressional joint committee for its previously agreed upon tax changes with the IRS. The changes will enable the power supplier to recognize around $57M of previously unrecognized tax benefits for 2009 and prior years.