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Stock Market & Financial Investment News

News Breaks
January 18, 2013
17:08 EDTPNMPNM New Mexico resumes discussions with EPA on San Juan station alternative
PNM Resources', New Mexico utility, PNM, announced renewed support for discussions that have resumed with the N.M. Environment Department and the U.S. Environmental Protection Agency to consider an alternative for San Juan Generating Station to comply with federal visibility rules. Following the Nov. 29 expiration of the EPA's 45-day administrative stay extension, PNM announced it would work to comply with the federal rule that requires installation of selective catalytic reduction technology on all four units of SJGS. There is no timeline established for the discussions to reach a definitive agreement, though there is a September 2016 deadline for installation of selective catalytic reduction technology units.
News For PNM From The Last 14 Days
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October 20, 2014
07:26 EDTPNMPNM Resources upgraded to Buy from Hold at Argus
Argus upgraded PNM Resources to Buy with a $32 price target. The upgrade is based on improving earnings visibility, an expanding infrastructure improvement program, and focus on costs.

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