QUOTE AND NEWS
Benzinga  Apr 16  Comment 
American Water Works Company Inc (NYSE: AWK) announced April 11 an agreement to acquire Pivotal Home Solutions, a unit of Southern Co (NYSE: SO), for $365 million in cash. Since the announcement, the stock has shed over 1 percent, while it...
Motley Fool  Mar 1  Comment 
The company is fresh off reporting its full-year 2017 operating results.
Motley Fool  Feb 1  Comment 
It should be more of the same in 2018 for American Water Works, which is a good thing for investors
Motley Fool  Jan 31  Comment 
The water utility's guidance hints at good things to come.
Motley Fool  Dec 29  Comment 
Little things added up to a very successful year for the utility company.
Motley Fool  Dec 5  Comment 
Water ETFs aren't all created equal. Here are the ones investors should consider -- and the ones they should avoid.




 
TOP CONTRIBUTORS

In 2003, a German utility company (RWE) purchased American Waterworks as they attempted to break into the US water utility market. The plan was to implement cost controls and thereby reduce expenses in order to recognize greater profits. What ended up happening was a mismanagement of the firm resulting in tense relationships with regulators across the country, and a company with significant needs for capital expenditures in order to strengthen the utility’s infrastructure. In late 2005 began the process of instituting new management in preparation for a divestiture of the business.

As reported in the 2009 annual report, American Water is still saddled with $1.2 billion in debt from RWE's acquisition.

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