SOURCE: Industrial Info Resources

Industrial Info Resources

February 27, 2012 06:20 ET

Northeast Utilities Holds Steady in Tough 2011, Looks Forward to NSTAR Merger, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Feb 27, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Northeast Utilities (NYSE:NU) (Hartford, Connecticut), which runs New England's largest energy delivery system, reported narrow gains for 2011, despite a major one-time expense in the fourth quarter and costs related to a pending merger. Net income was reported to be $113.3 million for the quarter, a 12.35% decrease from fourth-quarter 2010, but $394.69 million for the year, a 1.74% increase from 2010.

Other companies featured: NSTAR (NYSE:NST)

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