International Business News - NI http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Unitil Corp. has completed the purchase of two New England-based subsidiaries of NiSource Inc. in a deal valued at more than $200 million that was first announced in February. http://www.ibtimes.com/articles/20081201/unitil-completes-nisource-subsidiary-purchase.htm Mon, 01 Dec 2008 14:49:06 EST Among the earnings stories for Tuesday, Nov. 4, from AP Financial News: MERRILLVILLE, Ind. (AP)--The gas producer NiSource Inc. said Tuesday its third-quarter profit nearly doubled on the sale of its equity stake in JOF Transportation Co. and a lower deferred income tax liability and income tax expense. http://www.ibtimes.com/articles/20081104/earnings-roundup-nisource-holly.htm Tue, 04 Nov 2008 18:03:04 EST The gas producer NiSource Inc. said Tuesday its third-quarter profit nearly doubled on the sale of its equity stake in JOF Transportation Co. and a lower deferred income tax liability and income tax expense. http://www.ibtimes.com/articles/20081104/nisource-3q-profit-surges-on-gain-lower-taxes.htm Tue, 04 Nov 2008 15:43:45 EST Natural gas utility companies are stepping up their efforts to warn Indiana customers about higher heating bills this winter and help them find ways to cut costs. http://www.ibtimes.com/articles/20081030/push-to-warn-ind-customers-of-high-heating-bills.htm Thu, 30 Oct 2008 17:34:15 EDT A long-planned pipeline stretching across 182 miles of the state is to begin delivering natural gas to the New York City area in December, a month behind schedule. http://www.ibtimes.com/articles/20081029/natural-gas-pipeline-to-nyc-area-near-done.htm Wed, 29 Oct 2008 10:24:12 EDT Nisource Inc. said Friday a West Virginia court preliminarily approved a proposed $380 million settlement in a case over royalty payments for gas production. http://www.ibtimes.com/articles/20081024/court-gives-preliminary-nod-to-nisource-settlement.htm Fri, 24 Oct 2008 17:23:51 EDT The Maine Public Utilities Commission on Monday fined Northern Utilities $2 million for a series of safety problems including a pair of home explosions. It also approved the Portland company's acquisition by a New Hampshire utility. http://www.ibtimes.com/articles/20081007/northern-utilities-fined-2-million-before-sale.htm Tue, 07 Oct 2008 08:19:01 EDT The news keeps getting worse for Indiana consumers reeling from higher food and gasoline costs: They also can expect to pay at least $100 more this winter to heat their homes, say two of the state's three major natural gas utilities. http://www.ibtimes.com/articles/20080919/ind-gas-companies-warn-of-100-plus-higher-bills.htm Fri, 19 Sep 2008 11:32:09 EDT Regulated utilities remain an attractive investment in a low-interest rate environment given expected net income growth of up to 9 percent, a Goldman Sachs analyst said Tuesday. http://www.ibtimes.com/articles/20080916/ahead-of-the-bell-regulated-utilities.htm Tue, 16 Sep 2008 08:31:02 EDT Shares of most utilities dropped Monday morning after Hurricane Ike ripped through southern Texas, widely disrupting power, and the broader markets tumbled on concern about the financial sector. http://www.ibtimes.com/articles/20080915/shares-of-utilities-slide-after-ike-cuts-power.htm Mon, 15 Sep 2008 11:50:52 EDT All three candidates for West Virginia's Supreme Court are angling for the endorsement of the state's Chamber of Commerce. Republican Beth Walker reminded an audience at the chamber's annual meeting Friday of her past work with the business group. She also invoked her husband, an executive with chamber member Walker Machinery. http://www.ibtimes.com/articles/20080829/w-va-chamber-hears-from-supreme-court-hopefuls.htm Fri, 29 Aug 2008 12:12:44 EDT NiSource Inc. on Wednesday said its board declared a regular quarterly cash dividend of 23 cents. The natural gas company said the dividend will be payable on Nov. 20 to stockholders of record as of Oct. 31. http://www.ibtimes.com/articles/20080828/nisource-declares-quarterly-dividend.htm Thu, 28 Aug 2008 13:45:04 EDT New England public utility Unitil Corp. said Wednesday it resolved state regulatory concerns arising from its proposed purchase of two companies from Indiana-based NiSource Inc. http://www.ibtimes.com/articles/20080827/unitil-resolves-state-regulatory-concerns.htm Wed, 27 Aug 2008 14:25:33 EDT Customers of Columbia Gas of Virginia will soon see another rate increase. Chester-based Columbia, whose parent company is NiSource Inc., announced Monday that it is raising rates for the second time in a month to recoup what it pays for natural gas. http://www.ibtimes.com/articles/20080630/virginia-gas-utility-to-raise-rates-again.htm Mon, 30 Jun 2008 17:28:46 EDT Teco Energy Inc. led Standard & Poor's 500 Index utility stocks higher in the second quarter, as investors flocked to the stock as coal prices soared. http://www.ibtimes.com/articles/20080630/teco-energy-leads-utility-gains-in-2q.htm Mon, 30 Jun 2008 13:22:39 EDT Northern Utilities natural gas company has been ordered to install new meter-reading technology and pay customers $235,000 in rebates. According to the Maine Public Utilities Commission, the company estimated the gas usage of too many customers between 2004 and 2007, resulting in inaccurate bills that had to later be reconciled. http://www.ibtimes.com/articles/20080610/northern-utilities-ordered-to-pay-maine-customers.htm Tue, 10 Jun 2008 14:14:55 EDT Electric and natural gas utility NiSource Inc. said Monday Stephen P. Smith will become the company's chief financial officer, effective in August. Smith also takes the title executive vice president, effective immediately. He was previously senior vice president of Shared Services for American Electric Power Co., an electric utility. http://www.ibtimes.com/articles/20080602/nisource-hires-stephen-p-smith-as-cfo.htm Mon, 02 Jun 2008 13:01:44 EDT The West Virginia Supreme Court has refused to hear an appeal by energy companies NiSource Inc. and Chesapeake Energy Corp. of a $404 million verdict in a class-action lawsuit over royalty payments to West Virginia property owners. http://www.ibtimes.com/articles/20080523/wva-court-refuses-appeal-of-royalties-verdict.htm Fri, 23 May 2008 16:23:45 EDT Moody's Investors Service and Fitch Ratings said Friday their ratings for NiSource Inc. are not affected by the refusal of the Supreme Court of Appeals of West Virginia to hear the company's appeal of a $404 million verdict in a class action lawsuit. http://www.ibtimes.com/articles/20080523/moodys-leaves-nisource-ratings-unchanged.htm Fri, 23 May 2008 13:02:39 EDT Electric and natural gas utility NiSource Inc. said Friday that it will appeal a $404 million verdict rendered in a West Virginia natural gas royalties case to the U.S. Supreme Court. http://www.ibtimes.com/articles/20080523/nisource-to-appeal-verdict-to-us-supreme-court.htm Fri, 23 May 2008 08:50:58 EDT