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?Another Opinion Utility and Income by R. Conrad 10/30     30-Oct-09 10:02 pm    
NiSource (NYSE: NI) topped third quarter projections with earnings per share of 7 cents per share and stuck to its full year forecast of $1 to $1.10 a share. The steady performance was actually somewhat remarkable, given that management is now more cautious on its economic outlook that it was when guidance was initially issued.

More encouragingly, the company’s effort to refinance what were once fairly prodigious debt maturities has gone well, as has its continued efforts to expand rate base. Ultimately these are the drivers for growth.

In the meantime, management appears committed to the dividend and has the wherewithal to cover it. NiSource remains a buy up to 15 for those who don’t already own it.
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?Another Opinion Utility and Income by R. Conrad 10/30
papabeardd (1 Rating) 30-Oct-09 10:02 pm  
 
He can say anything He wants.their are lots of pos...
marshalllea... (1 Rating) 2-Nov-09 09:14 am  
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Nisource Inc. (NI)

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On Dec 30: 15.64 0.00 (0.00%)
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