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Stock Market & Financial Investment News

News Breaks
January 28, 2013
09:24 EDTAWKAmerican Water weakness a buying opportunity, says Goldman
Goldman views American Water's soft Q4 results as non-recurring due to Hurricane Sandy and recommends buying on weakness. Shares are Buy rated with a $42 price target.
News For AWK From The Last 14 Days
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June 29, 2015
10:09 EDTAWKOn The Fly: Analyst Initiation Summary
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07:43 EDTAWKAmerican Water initiated with a Neutral at Goldman
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June 19, 2015
16:13 EDTAWKRex Energy enters purchase agreement with American Industrial Water
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June 18, 2015
16:35 EDTAWKRex Energy sells Keystone Clearwater Solutions to American Water for $130M
Rex Energy (REXX), together with its partners in Water Solutions Holdings, entered into a purchase and sale agreement with American Water (AWK) pursuant to which American Water will acquire Water Solutions and its subsidiaries, including Keystone Clearwater Solutions. The transaction is valued at approximately $130M, inclusive of cash and debt. Rex Energy, which holds a 60% interest in Water Solutions and is selling its entire interest, expects net proceeds from the sale to be approximately $66M. The proceeds will be used to pay down the revolving line of credit and for general corporate purposes. American Water will continue to provide field and water-related services to Rex Energy within its Appalachian Basin properties in Pennsylvania and Ohio.
16:33 EDTAWKAmerican Water to acquire Keystone Clearwater Solutions
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