Aqua America

98 articles about "Aqua America"

Pennichuck to fight latest NHPUC ruling Vol 9, Issue 8 (August 2008)

The City of Nashua’s bid to take the water assets of Pennichuck Corp. by eminent domain is far from over. CEO Duane Montopoli plans to fight the latest ruling by the NHPUC, which values his company at USD203 million.

In Brief - America Vol 9, Issue 6 (June 2008)

* New York City’s failure to collect overdue water bills has taken a new turn. It has come to light that one of the biggest water bill deadbeats is actually one of the city’s own agencies

American Water takes USD750m hit in Q1 Vol 9, Issue 5 (May 2008)

RWE has been forced to inject USD245 million into American Water after the April IPO fell short of expectations. The goodwill from RWE’s 2003 acquisition is still burning a hole in American’s balance sheet.

In Brief - Americas Vol 9, Issue 5 (May 2008)

* Aqua America’s share price dropped more than 6% after the company again failed to hit quarterly earnings targets. Aqua’s Q1 revenues were up just 1.4% at USD139.3 million,

American Water IPO seen by 12 May Vol 9, Issue 3 (March 2008)

RWE seems set to divest the majority of American Water by the middle of May. It will allow American to focus on recreating shareholder value.

Aqua America slips on missed targets Vol 9, Issue 3 (March 2008)

For the second year running, Aqua America’s earnings have grown by a fraction of the target set by management. The stock performance sums up the market’s view.

AQUA VERSUS AMERICAN Vol 9, Issue 3 (March 2008)

* RWE seems keen to speed up the flotation of American Water.

Aqua America’s pruning policy Vol 9, Issue 1 (January 2008)

The race to acquire water assets has inevitably left a few underperforming systems on Aqua America’s books. Now CEO Nick DeBenedictis is looking to spruce up his portfolio by pruning off the withered branches.

IN BRIEF – AMERICAS Vol 9, Issue 1 (January 2008)

* Aqua America rounded out 2007 with a flurry of acquisition announcements, taking its total for the year to around 27, by our calculations.

WATER STOCKS REVIEW - US water utilities disappoint in 2007 Vol 9, Issue 1 (January 2008)

With few exceptions, the publicly-traded US water utilities put in a poor performance in 2007. It has forced some to re-think their value creation strategies.