The Board of Directors of NiSource Inc. (NYSE:NI) has appointed Joseph W. Mulpas to succeed Jon D. Veurink as Vice President and Chief Accounting Officer effective May 13, 2014 NiSource Inc. (NYSE:NI) net profit margin is 14.00% and weekly performance is 2.52%. On last trading day company shares ended up $37.40. Analysts mean target price for the company is $36.75. NiSource Inc. (NYSE:NI) distance from 50-day simple moving average (SMA50) is 4.93%.
American Water Works Company, Inc. (NYSE:AWK) continues with its strategic acquisition program. The company’s unit Kentucky American Water has inked a deal to acquire the water and wastewater assets of the City of Millersburg, KY. American Water Works Company Inc. (NYSE:AWK) shares advanced 0.68% in last trading session and ended the day on $47.61. AWK gross Margin is 44.00% and its return on assets is 2.80%.American Water Works Company Inc. (NYSE:AWK) quarterly performance is 9.25%.
Fortis Inc. and UNS Energy Corporation (NYSE:UNS) have been advised that the Committee on Foreign Investment in the United States (“CFIUS”) has completed its review of the proposed acquisition of UNS Energy by Fortis. CFIUS has determined that there are no unresolved national security concerns with respect to the transaction and that action under Section 721 of the Defense Production Act of 1950, as amended, is concluded with respect to this transaction. The CFIUS review concluded on May 20, 2014. UNS Energy Corp (NYSE:UNS) shares moved up 0.12% in last trading session and was closed at $60.58, while trading in range of $60.50 – $60.58. UNS Energy Corp (NYSE:UNS) year to date (YTD) performance is 2.04%.
Investment analysts at TD Securities increased their price objective on shares of Brookfield Infrastructure Partners L.P. (NYSE:BIP) from $44.00 to $45.00 in a note issued to investors on Tuesday, StockRatingsNetwork.com reports. TD Securities’ price objective indicates a potential upside of 10.54% from the company’s current price. Brookfield Infrastructure Partners L.P. (NYSE:BIP) ended the last trading day at $41.42. Company weekly volatility is calculated as 1.07% and price to cash ratio as 7.81.Brookfield Infrastructure Partners L.P. (NYSE:BIP) showed a positive weekly performance of 2.60%.