241 articles about "American Water"
September marks the 10th anniversary of the collapse of Lehman Brothers. How have water stocks performed since then?
Despite a few wobbles during a frenetic earnings season, sound market fundamentals helped nudge the GWI Americas Index to a new all-time high this month.
Activity in the water midstream solutions market for oil and gas has been brisk this month.
PGGM’s stake in Suez marks the start of a new era, says Ian Elkins.
- American Water has sold the bulk of its municipal and industrial contract operations business to the market leader, Veolia, for $...
- Suez, the number two in the market, is less bothered about the lack of organic growth in its core contract operations business. It has been growing its...
- Spain’s outsourced operations market looks set to have its margins squeezed as new legislation promotes...
The additional import duty proposed by the US dragged mainland Chinese stocks down again this month. Meanwhile, American Water is facing its own struggles at home.
The decision to sell its municipal contract operations portfolio comes as no surprise.
This month’s list shows the reported salaries of selected water utility leaders, ranked by their pay per population served. It suggests that the CEOs of small investor-owned utilities in the US do particularly well compared to the size of their customer base.
Layne Christensen shareholders voted in favour of the merger with Granite Construction on 13 June. The deal was expected to close just as GWI went to press, prefiguring the delisting of Layne shares from Nasdaq.
A new-found interest in consolidation among publicly traded US water utilities resulted in outsized gains for some this month. The tone of the negotiations was less appealing.