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NiSource Inc T.NI


Primary Symbol: NI

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.


NYSE:NI - Post by User

Bullboard Posts
Comment by Valkerieon Mar 01, 2014 8:04am
147 Views
Post# 22267738

RE:RE:RE:RE:change of director

RE:RE:RE:RE:change of director
Micky1212 wrote:
Is clear what is happening?

It looks like there are troubles between NI and Nunisco. Nuinsco a big seller of shares in the last few weeks and now the only director who is sitting on the board of both companies are leaving the board from NI.
If I read the last news from Nuinsco, they want a bigger part from the sand business and NI shall pay it. I think this is also the reason for the delay, the company will first find a solution for it, but without Galipeau it will not be easier.

We will see what will happen here, somebody is holding our shareprice at 6c and above. And some good things seems to be in the pipe, otherwise we would see more sellers. But what here will be at the end, who knows.

I wish everybody a nice weekend.

Cheers

GLTA


I have read the NWI news release's. I must be the only one who does not see this "DELAY" that everyone is talking about. Why would some one try to destroy the goose who laid "GOLDEN" egg. It does not make sense.
Bullboard Posts