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Short Interest In American Waterworks And Duke Energy Doubles
Saturday, March 26, 2016 - 2:27pm | 672Short interest in a number of stocks surged in the most recent settlement period. A water utility and an electric utility were among those leading that trend in early March. Shares of both of them rose in the period, as did the broader markets. As the markets seemed to find their...
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How Droughts Affect The Stock Market
Monday, September 8, 2014 - 9:56am | 1068According to the most recent U.S. Drought Monitor report, drought conditions in the United States have moderated a bit recently due to some above-average summer rainfall accumulations. Yet, more than 46 percent of the contiguous U.S. is experiencing some drought conditions. The west and southwest...
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West Virginia Lawsuits Also Target Eastman Chemical And American Water
Tuesday, January 21, 2014 - 5:09pm | 585Lawsuits filed against Freedom Industries, the closely held company that stored a compound that leaked into the Elk River January 9, included two publicly traded corporations. Also named as defendants in the lawsuits were Eastman Chemical (NYSE: EMN), manufacturer of the coal processing...
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Three Defensive Stock Picks for 2013 (AEP, AWK, CTL)
Monday, December 10, 2012 - 2:20pm | 625Bank of America Merrill Lynch offered some defensive stock picks for 2013 in a research report. Two utilities and a telecom made the list. They were American Electric Power (NYSE: AEP), American Water Works (NYSE: AWK) and CenturyLink (NYSE: CTL). Here is a quick look at how these three picks have...
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Atlas Energy and Other Utilities Stocks Worth a Look
Tuesday, July 10, 2012 - 4:22pm | 626On Monday, Benzinga asked Should Traders Brace for a Rough Q2 Earnings Season? In a nutshell, the answer is yes. The coming earnings season could be the worst in more than three years. One of the ways investors are expected to prepare for the quarter is to turn to utilities, which are seen as less...
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Gabelli Maintains Buy on American Water Works
Tuesday, July 12, 2011 - 9:04am | 108Gabelli is out with its report today on American Water Works (NYSE: AWK), maintaining Buy. In a note to clients, Gabelli writes, "We regard AWK as a high quality conservative utility with unique growth opportunities. Shares trade at 18.0X and 16.5X our 2011 and 2012 EPS estimates compared to the...
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UPDATE: Societe Generale Downgrades American Water Works to Hold
Friday, June 24, 2011 - 7:41am | 123Societe Generale is out with its report today on American Water Works (NYSE: AWK), downgrading AWK from Buy to Hold. In a note to clients, Societe Generale writes, "Having gained 50% in the last 12 months, AWK is trading just a tad below our $30 target price, prompting us to move to Hold from Buy...
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Societe Generale Downgrades AWK To Hold, $30 PT
Friday, June 24, 2011 - 6:05am | 26Societe Generale has downgraded American Water Works (NYSE: AWK) from Buy to Hold and has a $30 price target.
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J.P. Morgan Terminates Coverage of American Water Works
Thursday, June 23, 2011 - 9:00am | 113J.P. Morgan terminated its coverage of American Water Works (NYSE: AWK). In a research report published today, J.P. Morgan states, "We are terminating coverage of American Water Works (AWK). American Water Works is the only water utility under our coverage and we no longer plan...
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Wells Fargo Summary
Friday, April 1, 2011 - 8:46am | 143Wells Fargo has revised up earnings estimates on CarMax (NYSE: KMX), American Water Works Company (NYSE: AWK), Bill Barrett (NYSE: BBG), First Horizon National (NYSE: FHN), Quest Diagnostics (NYSE: DGX) and Global Payments (NYSE: GPN). It has revised down estimates on DryShips (NASDAQ: DRYS),...