PNM Resources Inc (PNM) 33.72 $PNM
PNM Resources Management to Meet with Investors
PR Newswire - Fri Mar 18, 5:30AM CDT
PNM Resources (NYSE: PNM) management will meet with analysts and investors next week in Milan, London and Zurich.
PNM: 33.72 (+0.01)
Brookfield Infrastructure, Qube to Jointly Acquire Asciano
Zacks Equity Research - Zacks Investment Research - Wed Mar 16, 4:00PM CDT
Brookfield Infrastructure Partners, L.P. (BIP) and Qube Holdings will acquire all assets of Asciano Limited.
AT: 2.46 (-0.04), PNM: 33.72 (+0.01), AVA: 40.78 (-0.22), BIP: 42.13 (+0.77)
Shares of PNM Up 12.4% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Mon Mar 07, 10:19AM CST
SmarTrend identified an Uptrend for PNM Resources (NYSE
NM) on November 30th, 2015 at $29.11. In approximately 3 months, PNM Resources has returned 12.44% as of today's recent price of $32.73.
PNM: 33.72 (+0.01)
PNM Declares Preferred Dividend
PR Newswire - Fri Mar 04, 6:23PM CST
The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: PNM), has declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable Apr. 15, 2016, to shareholders of record at the close of business Apr. 1, 2016.
PNM: 33.72 (+0.01)
Volatility Creates Opportunity, Insights on Price Data - Analyst Notes on Cleco, PNM Resources, Hubbell and MarketAxess Holdings
ACCESSWIRE - Fri Mar 04, 7:13AM CST
NEW YORK, NY / ACCESSWIRE / March 4, 2016 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Cleco Corp. (NYSE: CNL), PNM Resources Inc. (NYSE: PNM), Hubbell Inc. (NYSE: HUBB) and MarketAxess Holdings Inc. (NASDAQ: MKTX). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
MKTX: 124.83 (+1.21), PNM: 33.72 (+0.01), HUBB: 105.93 (+0.55), CNL: 55.21 (unch)
Idacorp, A Leading Stock Today, Taps Snake River For Hydroelectric Power
at Investor's Business Daily - Wed Feb 10, 2:59PM CST
Most utilities lagged the market Wednesday as money flowed into beaten-down technology names, but one day of underperformance doesn’t mean that utilities are ready to surrender their leadership just yet. Headed into Wednesday, four of IBD's top 10...
PNM: 33.72 (+0.01), IDA: 74.59 (-0.06)
San Juan Mine Sale Finalized
PR Newswire - Mon Feb 01, 3:20PM CST
PNM Resources' (NYSE: PNM) New Mexico Utility, Public Service Co. of New Mexico (PNM), today announced that customer savings have been secured through the finalization of the new coal supply and participant restructuring agreements for the San Juan Generating Station (SJGS). Combined savings from the agreements are expected to reduce customer costs by more than $300 million over six years. This will reduce customer bills by approximately five percent, with retroactive savings implemented as if the new coal contract had become effective in the month of January.
PNM: 33.72 (+0.01), WLB: 7.21 (+0.02)
Can Utility Stocks Pull A Surprise Despite Fed?
at Investor's Business Daily - Wed Dec 23, 4:21PM CST
Could utilities surprise the bears in 2016? Many on the Street would say no, and they might be right. As Brad Sorensen, managing director of market and sector analysis at Charles Schwab, wrote in a Dec. 10 note, "the shifting Fed paradigm will have a...
CMS: 42.44 (+0.22), TE: 27.53 (unch), WR: 49.61 (-0.19), PNY: 59.83 (+0.03), SCG: 70.15 (+0.65), GAS: 65.14 (+0.22), ATO: 74.26 (+0.21), AWK: 68.93 (+0.32), SO: 51.73 (+0.52), PNM: 33.72 (+0.01), WTR: 31.82 (-0.13), NI: 23.56 (+0.17), PPL: 38.07 (+0.37), AEE: 50.10 (+0.35)
PNM Resources' Management Reviews 2016 Ongoing Earnings Guidance
PR Newswire - Fri Dec 18, 5:30AM CST
PNM Resources' (NYSE: PNM) management today will discuss the company's 2016 ongoing earnings guidance of $1.55 to $1.76 per diluted share. Expectations for 2016 will be driven by the pending rate case in N.M. Also today, management affirmed the company's 2015 consolidated ongoing earnings guidance of $1.56 to $1.61 per diluted share.
PNM: 33.72 (+0.01)
San Juan Agreement Approved by N.M. Public Regulation Commission
PR Newswire - Wed Dec 16, 2:29PM CST
PNM Resources' (NYSE: PNM) New Mexico Utility, Public Service Co. of New Mexico (PNM), today received approval from the New Mexico Public Regulation Commission (NMPRC) of an agreement that would allow for the retirement of two units at San Juan Generating Station (SJGS). The NMPRC voted 4-1 to approve the NMPRC General Counsel's proposed order for approval of the Hearing Examiner's Nov. 16, 2015 recommended decision.
PNM: 33.72 (+0.01)
Upgrade Alert for PNM Resources (PNM)
Comtex SmarTrend(R) - Tue Dec 15, 7:23AM CST
PNM Resources (NYSENM) was upgraded from Hold to Buy at Gabelli & Co today. The stock closed yesterday at $28.48 on volume of 756,000 shares, above average daily volume of 581,000. Potential upside of 9.3% exists for PNM Resources, based on a current level of $28.48 and analysts' average consensus price target of $31.14. PNM Resources shares have support at the 50-day moving average (MA) of $28.34 and additional support at the 200-day MA of $27.10.
PNM: 33.72 (+0.01)
PNM Resources (PNM) Hikes Annual Dividend Rate by 10%
Zacks Equity Research - Zacks Investment Research - Fri Dec 11, 4:00PM CST
The board of directors of electric utility provider, PNM Resources, Inc. (PNM), approved an annual dividend hike of 10% or 8 cents per common share to take the payout to 88 cents per share.
PNM: 33.72 (+0.01), NEE: 118.34 (-0.16), FE: 35.97 (+0.18), WEC: 60.07 (+0.46)
PNM Resources Board Increases Dividend Payment, Declares Quarterly Common Stock Dividend
PR Newswire - Thu Dec 10, 6:08PM CST
At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) unanimously voted to increase the company's annual dividend payment by $0.08, a 10.0 percent increase, to an indicated annual rate of $0.88 per share of common stock. This is consistent with the company's target to pay out 50 to 60 percent of annual ongoing earnings. The board has declared the resulting quarterly stock dividend of $0.22 per share, payable Feb. 12, 2016, to shareholders of record at the close of business Jan. 25, 2016.
PNM: 33.72 (+0.01)
PNM Resources to Announce 2016 Ongoing Earnings Guidance Dec. 18
PR Newswire - Mon Dec 07, 7:00PM CST
PNM Resources (NYSE: PNM) will announce the company's 2016 ongoing earnings guidance range prior to the market opening on Friday, Dec. 18, 2015. The news release will be issued at 6:30 a.m. Eastern and available on the company's website at www.PNMResources.com.
PNM: 33.72 (+0.01)
NMPRC Modifies Future Test Year Definition
PR Newswire - Mon Nov 30, 7:08PM CST
The New Mexico Public Regulation Commission (NMPRC) today unanimously voted to define a future test year (FTY) as beginning up to 13 months following a rate case application. This is a modification to the order that defined a FTY as beginning up to 45 days following a rate application that was originally issued in the December 2014 rate filing by Public Service Co. of New Mexico (PNM), a subsidiary of PNM Resources (NYSE: PNM).
PNM: 33.72 (+0.01)
N.M. Supreme Court Dismisses Commissioner Recusal Petition
PR Newswire - Mon Nov 09, 5:11PM CST
The N.M. Supreme Court today dismissed the petition of an environmental group, New Energy Economy (NEE), to recuse four of the five N.M Public Regulation Commissioners presiding over PNM Resources' (NYSE: PNM) subsidiary Public Service Co. of N.M.'s (PNM) San Juan case. The dismissal followed oral arguments presented today to the Court by the four Commissioners, PNM, Western Resource Advocates and NEE. If approved by the N.M. Public Regulation Commission (NMPRC) this case would provide PNM's customers with the most cost effective path to comply with the Regional Haze rules of the Clean Air Act.
PNM: 33.72 (+0.01)
PNM Resources Management to Meet with Investors
PR Newswire - Fri Mar 18, 5:30AM CDT
PNM Resources (NYSE: PNM) management will meet with analysts and investors next week in Milan, London and Zurich.
PNM: 33.72 (+0.01)
Brookfield Infrastructure, Qube to Jointly Acquire Asciano
Zacks Equity Research - Zacks Investment Research - Wed Mar 16, 4:00PM CDT
Brookfield Infrastructure Partners, L.P. (BIP) and Qube Holdings will acquire all assets of Asciano Limited.
AT: 2.46 (-0.04), PNM: 33.72 (+0.01), AVA: 40.78 (-0.22), BIP: 42.13 (+0.77)
Shares of PNM Up 12.4% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Mon Mar 07, 10:19AM CST
SmarTrend identified an Uptrend for PNM Resources (NYSE
NM) on November 30th, 2015 at $29.11. In approximately 3 months, PNM Resources has returned 12.44% as of today's recent price of $32.73. PNM: 33.72 (+0.01)
PNM Declares Preferred Dividend
PR Newswire - Fri Mar 04, 6:23PM CST
The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE: PNM), has declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable Apr. 15, 2016, to shareholders of record at the close of business Apr. 1, 2016.
PNM: 33.72 (+0.01)
Volatility Creates Opportunity, Insights on Price Data - Analyst Notes on Cleco, PNM Resources, Hubbell and MarketAxess Holdings
ACCESSWIRE - Fri Mar 04, 7:13AM CST
NEW YORK, NY / ACCESSWIRE / March 4, 2016 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Cleco Corp. (NYSE: CNL), PNM Resources Inc. (NYSE: PNM), Hubbell Inc. (NYSE: HUBB) and MarketAxess Holdings Inc. (NASDAQ: MKTX). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
MKTX: 124.83 (+1.21), PNM: 33.72 (+0.01), HUBB: 105.93 (+0.55), CNL: 55.21 (unch)
Idacorp, A Leading Stock Today, Taps Snake River For Hydroelectric Power
at Investor's Business Daily - Wed Feb 10, 2:59PM CST
Most utilities lagged the market Wednesday as money flowed into beaten-down technology names, but one day of underperformance doesn’t mean that utilities are ready to surrender their leadership just yet. Headed into Wednesday, four of IBD's top 10...
PNM: 33.72 (+0.01), IDA: 74.59 (-0.06)
San Juan Mine Sale Finalized
PR Newswire - Mon Feb 01, 3:20PM CST
PNM Resources' (NYSE: PNM) New Mexico Utility, Public Service Co. of New Mexico (PNM), today announced that customer savings have been secured through the finalization of the new coal supply and participant restructuring agreements for the San Juan Generating Station (SJGS). Combined savings from the agreements are expected to reduce customer costs by more than $300 million over six years. This will reduce customer bills by approximately five percent, with retroactive savings implemented as if the new coal contract had become effective in the month of January.
PNM: 33.72 (+0.01), WLB: 7.21 (+0.02)
Can Utility Stocks Pull A Surprise Despite Fed?
at Investor's Business Daily - Wed Dec 23, 4:21PM CST
Could utilities surprise the bears in 2016? Many on the Street would say no, and they might be right. As Brad Sorensen, managing director of market and sector analysis at Charles Schwab, wrote in a Dec. 10 note, "the shifting Fed paradigm will have a...
CMS: 42.44 (+0.22), TE: 27.53 (unch), WR: 49.61 (-0.19), PNY: 59.83 (+0.03), SCG: 70.15 (+0.65), GAS: 65.14 (+0.22), ATO: 74.26 (+0.21), AWK: 68.93 (+0.32), SO: 51.73 (+0.52), PNM: 33.72 (+0.01), WTR: 31.82 (-0.13), NI: 23.56 (+0.17), PPL: 38.07 (+0.37), AEE: 50.10 (+0.35)
PNM Resources' Management Reviews 2016 Ongoing Earnings Guidance
PR Newswire - Fri Dec 18, 5:30AM CST
PNM Resources' (NYSE: PNM) management today will discuss the company's 2016 ongoing earnings guidance of $1.55 to $1.76 per diluted share. Expectations for 2016 will be driven by the pending rate case in N.M. Also today, management affirmed the company's 2015 consolidated ongoing earnings guidance of $1.56 to $1.61 per diluted share.
PNM: 33.72 (+0.01)
San Juan Agreement Approved by N.M. Public Regulation Commission
PR Newswire - Wed Dec 16, 2:29PM CST
PNM Resources' (NYSE: PNM) New Mexico Utility, Public Service Co. of New Mexico (PNM), today received approval from the New Mexico Public Regulation Commission (NMPRC) of an agreement that would allow for the retirement of two units at San Juan Generating Station (SJGS). The NMPRC voted 4-1 to approve the NMPRC General Counsel's proposed order for approval of the Hearing Examiner's Nov. 16, 2015 recommended decision.
PNM: 33.72 (+0.01)
Upgrade Alert for PNM Resources (PNM)
Comtex SmarTrend(R) - Tue Dec 15, 7:23AM CST
PNM Resources (NYSE
NM) was upgraded from Hold to Buy at Gabelli & Co today. The stock closed yesterday at $28.48 on volume of 756,000 shares, above average daily volume of 581,000. Potential upside of 9.3% exists for PNM Resources, based on a current level of $28.48 and analysts' average consensus price target of $31.14. PNM Resources shares have support at the 50-day moving average (MA) of $28.34 and additional support at the 200-day MA of $27.10. PNM: 33.72 (+0.01)
PNM Resources (PNM) Hikes Annual Dividend Rate by 10%
Zacks Equity Research - Zacks Investment Research - Fri Dec 11, 4:00PM CST
The board of directors of electric utility provider, PNM Resources, Inc. (PNM), approved an annual dividend hike of 10% or 8 cents per common share to take the payout to 88 cents per share.
PNM: 33.72 (+0.01), NEE: 118.34 (-0.16), FE: 35.97 (+0.18), WEC: 60.07 (+0.46)
PNM Resources Board Increases Dividend Payment, Declares Quarterly Common Stock Dividend
PR Newswire - Thu Dec 10, 6:08PM CST
At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) unanimously voted to increase the company's annual dividend payment by $0.08, a 10.0 percent increase, to an indicated annual rate of $0.88 per share of common stock. This is consistent with the company's target to pay out 50 to 60 percent of annual ongoing earnings. The board has declared the resulting quarterly stock dividend of $0.22 per share, payable Feb. 12, 2016, to shareholders of record at the close of business Jan. 25, 2016.
PNM: 33.72 (+0.01)
PNM Resources to Announce 2016 Ongoing Earnings Guidance Dec. 18
PR Newswire - Mon Dec 07, 7:00PM CST
PNM Resources (NYSE: PNM) will announce the company's 2016 ongoing earnings guidance range prior to the market opening on Friday, Dec. 18, 2015. The news release will be issued at 6:30 a.m. Eastern and available on the company's website at www.PNMResources.com.
PNM: 33.72 (+0.01)
NMPRC Modifies Future Test Year Definition
PR Newswire - Mon Nov 30, 7:08PM CST
The New Mexico Public Regulation Commission (NMPRC) today unanimously voted to define a future test year (FTY) as beginning up to 13 months following a rate case application. This is a modification to the order that defined a FTY as beginning up to 45 days following a rate application that was originally issued in the December 2014 rate filing by Public Service Co. of New Mexico (PNM), a subsidiary of PNM Resources (NYSE: PNM).
PNM: 33.72 (+0.01)
N.M. Supreme Court Dismisses Commissioner Recusal Petition
PR Newswire - Mon Nov 09, 5:11PM CST
The N.M. Supreme Court today dismissed the petition of an environmental group, New Energy Economy (NEE), to recuse four of the five N.M Public Regulation Commissioners presiding over PNM Resources' (NYSE: PNM) subsidiary Public Service Co. of N.M.'s (PNM) San Juan case. The dismissal followed oral arguments presented today to the Court by the four Commissioners, PNM, Western Resource Advocates and NEE. If approved by the N.M. Public Regulation Commission (NMPRC) this case would provide PNM's customers with the most cost effective path to comply with the Regional Haze rules of the Clean Air Act.
PNM: 33.72 (+0.01)
