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Stock Market & Financial Investment News

News Breaks
May 21, 2014
12:02 EDTAWKAmerican Water unit to purchase Millersburg Water and Wastewater Systems
Kentucky American Water announced today that it has signed an agreement indicating the intent to purchase the water and wastewater assets of the City of Millersburg, Ky., and to assume providing water and wastewater service to the Millersburg community, located in Bourbon County, once the transaction is completed later this year. The City of Millersburg’s water system currently provides service to approximately 500 customers in Millersburg as well as wholesale water service to Harrison County Water Association and Nicholas County Water District. Millersburg’s sanitary sewer system serves approximately 300 customers. Kentucky American Water, a subsidiary of American Water, is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately half a million people
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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