Water Resources Group
15 articles about "Water Resources Group"
Modern Water and Energy Recovery Inc. both received a boost this month, albeit for different reasons. A profit warning at Pennon, meanwhile, wiped 10% off the value of the stock and sent it crashing out of the FTSE 100.
A mixed bag of second-quarter results had analysts scrambling to update their forecasting models for a number of mid-cap water stocks. Impressive gains at Sabesp and American Water drove the GWI Americas Index to a new high.
Declines at Veolia and Suez Environnement crimped the performance of the wider GWI Water Index this month. Meanwhile, a trio of issuers unveiled plans for dilutive secondary offerings.
The Aussie desalter has opted to raise fresh equity at home, despite an impending Nasdaq listing. It is a big ask.
Contagion-resistant water utility stocks were the best place to be this month, as the GWI Water Index outperformed major stock indices on every continent. Declines elsewhere were a catalyst for increased share buyback activity.
Veolia and Suez Environnement were among the top performers on the GWI Global Water Index this month. With no US sell-side analysts now covering Veolia, how long before its ADRs are delisted?
The worst performing stock in the GWI Water Index last year has already regained ground in 2012. It is eyeing a Nasdaq listing later in the year.
In theory, water stocks outperformed the market in 2011. In practice, the main specialist water funds struggled to match the GWI Water Index, and investors continued to move away from the sector. What is the outlook for 2012?
The reputation of investor-owned utilities among US investors has not gone unnoticed in the UK.
Asia’s listed water stocks failed to benefit from investor interest in emerging markets last year. The GWI Asia Index ended the year down 23%.