Analyst Ratings
Pennichuck, New Hampshire Agree On Rate Increase
MERRIMACK, N.H. (AP) — Pennichuck Corp., a water utility and real estate holding company, said Friday that the New Hampshire Public Utilities Commission approved a rate settlement that will increase its water subsidiary's annual revenue by about $4.7 million.
The settlement replaced a temporary increase that had been in effect since July 2008. Pennichuck Water faced rising operating expenses and had invested $40 million in a major upgrade to its water treatment plant. Shares of Pennichuck fell 52 cents, or 2.2 percent, to $22.73 in afternoon trading.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
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