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2008-07-22 18:00:50

PNM Resources, Inc. (NYSE: PNM) and Continental Energy Systems LLC today announced that they have mutually agreed to terminate PNM Resources' pending acquisition of Cap Rock Energy Corporation, a regulated Texas electric distribution and transmission subsidiary of Continental.


Word of the Day
honeyguide
  • Any of various tropical Old World birds of the family Indicatoridae, some species of which lead people or animals to the nests of wild honeybees. The birds eat the wax and larvae that remain after the nest has been destroyed for its honey.
Honeyguide birds have even been known to eat candles.