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Stock impact report

NiSource Statement in Response to NTSB Safety Recommendation Report

NiSource Inc (NI) 
Last nisource inc earnings: 2/26 08:57 pm Check Earnings Report
US:NYSE Investor Relations: nisource.com/investors
Company Research Source: PR Newswire
MERRILLVILLE, Ind., Nov. 15, 2018 /PRNewswire/ -- NiSource Inc. (NYSE: NI), parent company of Columbia Gas of Massachusetts, today released the following statement in response to the National Transportation Safety Board (NTSB)'s safety recommendation report regarding the event of September 13th in the Merrimack Valley:We are thoroughly reviewing the safety recommendations issued today and look forward to discussing them in further detail with NTSB.  We will continue to work with NTSB as it works toward issuing its final conclusions. Since the September 13 event, NiSource has identified, and moved ahead with, new steps to enhance system safety and reliability and to safeguard against over pressurization. Some of these measures have already been completed and others are in process. Notably, these NiSource-wide safety measures will include fail-safe measures called for in NTSB's recommendations today: We have committed to an approximately $150 million program to install over-pressurizati Show less Read more
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