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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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February 5, 2016
06:23 EDTAWK20 companies make alliance to keep down healthcare costs, WSJ says
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February 3, 2016
05:47 EDTAWKBadger Meter upgraded to Outperform from Neutral at Baird
Baird analyst Richard Eastman upgraded Badger Meter (BMI) to Outperform saying the company's three year contract win with American Water (AWK) is very positive. Eastman raised his price target for the shares to $63 from $59 ahead of the company's Q4 results on Friday.
February 1, 2016
18:26 EDTAWKMissouri American Water acquires Jaxson Estates water system in Missouri
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January 26, 2016
16:17 EDTAWKIllinois American Water acquires Public Water District water system
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January 25, 2016
11:09 EDTAWKAmerican Water downgraded to Neutral from Long-Term Buy at Hilliard Lyons
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