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Stock Market & Financial Investment News

News Breaks
January 28, 2013
16:01 EDTPNYPiedmont Natural Gas files to sell 4M shares of common stock
Morgan Stanley, J.P. Morgan and Wells Fargo Securities are the joint book-running managers for the offering. The co-managers are BB&T Capital Markets and RBC Capital Markets.
News For PNY From The Last 14 Days
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October 17, 2014
14:26 EDTPNYPiedmont Natural Gas files for reduction in North Carolina retail gas rates
Piedmont Natural Gas filed for an overall reduction in its retail natural gas rates in North Carolina as the result of the company's semi-annual review of its margin decoupling mechanism. The filing, if approved by the North Carolina Utilities Commission, would lower the company's retail natural gas billing rates by a net amount of approximately 7c per therm or by approximately 7% for residential customers in North Carolina and would go into effect on November 1. The overall reduction in rates will amount to approximately $32M over the next 12 months.

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