Marking the second time the company has reduced its earnings guidance in the last four months, NUI Corp. said Friday it anticipates fiscal 2002 earnings from continuing operations for the year that ended Sept. 30 to be between $0.85 to $0.95 per share, excluding the effect of the change in accounting, severance and discontinued items. In July, the company lowered its guidance to $1.50 to $1.60 per share from its previous guidance of $1.80 – $1.90 per share (see Daily GPI, July 17).
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Transportation Notes
Based on forecasts of warmer weather in Wisconsin and its projection of nominated receipts at the Marshfield, WI interconnect with Viking, ANR withdrew Thursday the Marshfield OFO that had been in effect since Tuesday (see Daily GPI, Dec. 21).
December 27, 1999