March markets recover
- From: Vol 3, Issue 4 (April 2002)
- Category: Performer of the month
- Region: Americas
- Country: United States
- Related Companies: Calgon Carbon, Consolidated Water, First Aqua, Kelda, Mitsubishi, Osmonics, Philadelphia Suburban, Scottish Water, Southern Water and Veolia Environnement (formerly Vivendi Environnement)
US markets started to recover in March. The Dow Jones Industrial hit a high for the year of 10,635 and water companies enjoyed the market surge. With few exceptions, the industry showed overall positive gains for the month.
The continued growth was spurred on by last month’s favourable earnings reports which seemed to put nervous investors at ease.
An abundance of good news in March for Calgon Corporation gave the company’s stock a much-needed boost. Calgon stock had slowed during the first part of the year and took a big hit in February, plunging more than ...
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