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Latest PNM Resources Inc. Stories

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. The parties will focus their efforts on completing the pending acquisition by Continental of the natural gas business of PNM Resources' subsidiary, PNM. "The sale of the PNM gas operations remains on track, and...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.