Investor favorite NiSource faces questions after Massachusetts explosions
Friday, 14 September 2018 () Before 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."
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...
According to a report by Reuters, on Friday, thousands of people in Boston's suburbs had little hope of returning home as investigators scrambled to uncover the cause of dozens of gas explosions that..
Reuters reports that some 8,000 people were driven from their homes in the Boston suburbs by a series of gas explosions. it was unclear on Friday when they could go back. The blasts killed at least one..