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Business News Archive - March 07, 2008

PNM Resources' (NYSE: PNM) New Mexico electric utility, PNM, will receive a $24.2 million rate increase if regulators approve a recommended decision issued late today by a N.M. Public Regulation Commission hearing examiner.

ST. LOUIS, March 7 /PRNewswire-FirstCall/ -- Patriot Coal Corporation today reported that its Federal No. 2 mine near Fairview, West Virginia has experienced two roof falls over the course of the last two weeks.

Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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