QUOTE AND NEWS
newratings.com  Jun 18  Comment 
WASHINGTON (dpa-AFX) - American Water Works Company Inc. (AWK), has agreed to acquire Keystone Clearwater Solutions from Rex Energy Corp. The transaction values the company at $130 million, inclusive of cash and debt. American Water anticipates...
newratings.com  May 6  Comment 
WASHINGTON (dpa-AFX) - American Water Works Company, Inc. (AWK) reported first quarter income from continuing operations of $80.0 million, or $0.44 per share, compared to $69.1 million, or $0.39 per share, in the first quarter of 2014. On...
newratings.com  Apr 30  Comment 
WASHINGTON (dpa-AFX) - American Water Works Co Inc (AWK), the largest publicly traded U.S. water utility, announced that it has agreed to acquire all of the issued and outstanding capital stock of the Environmental Disposal Corporation or EDC....
Benzinga  Mar 25  Comment 
Analysts at Janney Capital initiated coverage on American Water Works Company, Inc. (NYSE: AWK) with a Buy rating. The target price for American Water Works is set to $62. American Water Works shares have gained 22.16% over the past 52 weeks,...
Benzinga  Nov 7  Comment 
Globe Hunter Securities, lowering rating from "Buy" to "Accumulate;" but, increasing Price Target from $52 to $56. These are GHS' Notes on the downgrade: 1. We are lowering our Q4:14 revenue by $3MM to account for the lower capex and our Q4:14...
newratings.com  Nov 5  Comment 
WASHINGTON (dpa-AFX) - American Water Works Company, Inc. (AWK), the largest publicly traded U.S. water and wastewater utility company, reported third-quarter net income from continuing operations of $156.61 million or $0.87 per share, compared to...
DailyFinance  Aug 27  Comment 
American Water (NYSE: AWK), the nation’s largest publicly traded water and wastewater utility company, announced today that Durgesh Chopra, Director of Investor Relations, will present at RetailInvestorConferences.com, ...




 
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.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki