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Stock Market & Financial Investment News

News Breaks
March 19, 2013
09:18 EDTAWKAmerican Water unveiled 2013 construction schedule to build nine new water tanks
Pennsylvania American Water unveiled its 2013 construction schedule to build nine new water storage tanks, as well as rehabilitate 14 existing tanks throughout the commonwealth. The new tank construction will provide increased storage capacity to meet customer demand and improve fire protection, while the company's rehab program of inspecting, sandblasting and repainting the existing tanks will extend their service life and protect water quality. The estimated cost of the new tank construction is $11.5M, and the rehab projects total approximately $5M for a combined capital investment of nearly $16.5M.
News For AWK From The Last 14 Days
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September 2, 2014
10:02 EDTAWKOn The Fly: Analyst Downgrade Summary
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05:26 EDTAWKAmerican Water downgraded to Market Perform from Outperform at Wells Fargo
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August 31, 2014
12:54 EDTAWKBarclays to hold a conference
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August 29, 2014
17:37 EDTAWKAmerican Water awarded new contract worth $297M over 50 year period
American Water Works Company announced that its Military Services Group has been awarded a contract for ownership, operation and maintenance of the water and the wastewater systems at Picatinny Arsenal, NJ. According to the agreement the award is estimated at a gross amount of approximately $297M over a 50-year period. The contract will be subject to annual economic price adjustments.

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