65 articles about "Layne Christensen"
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.
Granite Construction diversifies into water and provides exit for troubled Layne Vol 19, Issue 7 (July 2018)
After years of protracted losses and restructuring efforts, Layne Christensen has found a new home in Granite Construction. Granite CEO Jim Roberts explains to GWI why the deal makes sense.
Mainland-listed Chinese stocks got hammered this month after the Trump administration confirmed plans to impose trade tariffs on Chinese exports to the US.
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.
Rexnord has announced that it is selling its VAG valves unit, and discussions are understood to be underway with a number of interested parties. VAG generated $215 million of sales in 2017.
Hyflux, FCC and Sabesp are all looking to take on external capital. Meanwhile, the bubble could be about to burst for Californian regulated water utilities.
Tax reform and industrial tailwinds promise continued growth for US equipment stocks Vol 19, Issue 1 (January 2018)
The recovery of the industrial and residential construction sectors and the introduction of federal tax reforms have created a positive environment for water equipment companies going into 2018. Who will the winners and losers be?
A sell-off in UK water stocks on fears of a harsh regulatory settlement failed to send the index into negative territory. Meanwhile, the liquidity of two stocks is set to be boosted.
An attempt to fast-track legislative changes in the Brazilian water market has positives and negatives for the private sector. There is still room for manoeuvre before the proposals become law.
A continued decline in the 10yr Treasury yield has enhanced the prospect of a sustained rally in regulated US utility stocks. It helped the GWI Water Index to hit another new high.