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Interest rates are on the rise as inflation expectations continue to climb. The 10-year Treasury yield ( US10Y ) ( TBT ) ( TLT ) topped 4% intraday on Wednesday for the first time since November. The 2-year yield ( US2Y ) ( SHY ) hit 4.9%, setting a new post-2007 high. ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips In today’s volatile and uncertain market, investors increasingly seek stable, reliable, and resilient companies to add to their portfolios. Defensive stocks, which are typically associated with companies that operate in ...
Illinois American Water President Rebecca Losli, P.E. was named Engineer of the Year by the Missouri Society of Professional Engineers (MSPE) St. Louis Chapter. MSPE is an association of professional engineers focused on protecting public health, safety and welfare through the ethical and compete...
American Water Works ( NYSE: AWK ) priced its upsized registered underwritten offering of 11M shares at a public offering price per share of $135.50. Underwriters granted 30-day option to purchase up to an additional 1.65M shares. Offer is expected to close on Mar.3, 2023...
American Water Works Company, Inc. (NYSE: AWK) announced today the pricing of an upsized registered underwritten offering of 11,000,000 shares of its common stock at a public offering price per share of $135.50. American Water has granted the underwriters of the offering a 30-day option to purcha...
American Water Works ( NYSE: AWK ) said Tuesday it has commenced a public offering of 9.5M common shares , with an underwriters option to purchase up to an additional 1.425M shares. The company said it plans to use the net proceeds from this offering to repay short-term commercial...
American Water Works Company, Inc. (NYSE: AWK) announced today that it has commenced a registered underwritten offering of 9,500,000 shares of its common stock. American Water intends to grant the underwriters of the offering a 30-day option to purchase from American Water up to an additional 1,4...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With monetary policy possibly about to take a turn for the worst for risk-on assets, investors should consider the best utility stocks to buy. Unfortunately for Wall Street, the Personal Consumption Expenditures (PCE) index ...
Acquisition adds 700 total customers to service area Missouri American Water President Rich Svindland announced the company’s recent acquisition of the Stewartsville water and wastewater systems. Located approximately 20 miles east of St. Joseph, Missouri, the acquisition adds appr...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Just when investors thought that rising prices slipped into the rearview mirror, market participants now find themselves scrambling for smart stocks to buy when interest rates rise. Of course, the spiked demand centers on a key...
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California American Water has entered into an agreement to acquire Yerba Buena Water Company’s water distribution system, which serves approximately 249 customer connections in unincorporated Ventura County. The Yerba Buena water system is located approximately 34 miles from California Ame...
Highlights American Water’s sustainable impact on communities across the U.S. American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it has issued its eighth Sustainability Report covering its industry leader...
Reflects $1 billion in system investments to address aging water and wastewater infrastructure, with expanded customer assistance programs The Pennsylvania Public Utility Commission (PUC) issued an order on July 22 approving adjusted water and wastewater rates for Pennsylvania American ...