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Investor favorite NiSource faces questions after Massachusetts explosions

Reuters Friday, 14 September 2018 ()
Investor favorite NiSource faces questions after Massachusetts explosionsBefore gas explosions in Massachusetts sent its shares reeling on Friday, utility NiSource Inc was considered a secure play and its top investor was loading up on shares as part of a push into what it called "the safest, most defensive sector in the S&P 500."
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News video: Massachusetts Gas Explosions Expose Century-Old Pipeline Risks

▶ Massachusetts Gas Explosions Expose Century-Old Pipeline Risks 00:45

According to a report by Reuters, after explosions ripped through three towns outside of Boston this week, utilities told state regulators that thousands of miles of natural gas pipelines in Massachusetts are leak-prone and in need of repair. Robert Sumwalt, chairman of the National Transportation...

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