News Breaks |
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| March 7, 2013 |
| 06:23 EDT |  | AWK | American Water downgraded to Neutral from Buy at Citigroup
Citigroup downgraded American Water based on valuation. Price target raised to $42 from $40. |
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News For AWK From The Last 14 Days Check below for free stories on AWK the last two weeks. |
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| May 14, 2013 |
| 10:54 EDT |  | AWK | American Water awarded $1M contract from BIRD foundation
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| May 10, 2013 |
| 18:18 EDT | | AWK | Granite Construction awarded $61M dam removal project
Granite Construction (GVA) announced that it has been awarded a $61M dam removal contract by California American Water, a subsidiary of water and wastewater utility American Water (AWK). Granite expects to book the project into backlog during Q2. Construction is scheduled to start in July and will take approximately 28 months to complete. |
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| 10:00 EDT |  | AWK | On The Fly: Analyst Upgrade Summary
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| 05:54 EDT | | AWK | American Water upgraded to Buy from Neutral at Citigroup
Citigroup upgraded American Water citing valuation and the company's solid growth outlook. The firm raised its price target for shares to $48 from $42. |
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| May 9, 2013 |
| 18:03 EDT | | AWK | Granite Construction awarded $61M contract for California dam project
The Monterey County Planning commission approved California American Water’s San Clemente dam removal plan on Wednesday. With this vote, the company obtained the last of the major permits it needs to begin construction, set to commence later this summer. California American Water, a subsidiary of American Water (AWK), also announced that Granite Construction (GVA) has been selected as the contractor to lead the work on the project. The company awarded Granite Construction with the design-build contract for the removal and river re-route valued at $61M. |
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| 10:08 EDT | | AWK | On The Fly: Analyst Upgrade Summary
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| 05:37 EDT | | AWK | American Water upgraded to Outperform from Market Perform at Wells Fargo
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| May 7, 2013 |
| 16:53 EDT |  | AWK | American reaffirms FY13 EPS $2.15-$2.25, consensus $2.21
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| 16:52 EDT | | AWK | American Water reports Q1 EPS 32c , consensus 32c
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| May 6, 2013 |
| 10:02 EDT | | AWK | American Water increases quarterly dividend 12% to 28c per share
American Water Works announced that its Board of Directors increased its quarterly cash dividend payment from 25c to 28c per share, a 12% increase. The increased payment is consistent with American Water’s dividend practice, which is to link dividend increases to EPS growth and target a payout ratio between 50%-60% of net income. The increased dividend will be payable on June 3 to all shareholders of record as of May 24. |
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