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Stock Market & Financial Investment News

News Breaks
December 28, 2012
11:30 EDTAWKKentucky American Water files rate case with Kentucky PSC
Kentucky American Water filed an application with the Kentucky Public Service Commission requesting a general rate increase for its customers. The request is driven by the approximately $58M in capital investments the company has made since last filing for a rate increase nearly three years ago, in February 2010. The company’s request, if granted in full, would increase the average residential customer rate by $5.76 per month -- from the current average of $32.75 per month to $38.51 per month -- based on an average monthly usage of 4,500 gallons. Even with this proposed increase, the cost of tap water for residential customers would remain at less than one penny per gallon, with the average residential customer receiving a day’s worth of quality tap water for approximately $1.27. Today’s request seeks an increase in total revenue of approximately $12.3M.
News For AWK From The Last 14 Days
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November 20, 2014
07:22 EDTAWKThree Part Advisors to hold a conference
Southwest IDEAS Conference is being held in Addison, Texas on November 19-20 with webcasted company presentations to begin on November 20 at 9 am; not all company presentations may be webcasted. Webcast Link
November 10, 2014
07:24 EDTAWKAmerican Water price target raised to $62 from $58 at Brean Capital
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November 7, 2014
14:01 EDTAWKAmerican Water downgraded to Peer Perform from Outperform at Wolfe Research
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10:00 EDTAWKOn The Fly: Analyst Downgrade Summary
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07:23 EDTAWKAmerican Water downgraded to Accumulate from Buy at Global Hunter
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