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Pennsylvania American Water, a subsidiary of $AWK, signed an asset purchase agreement to buy McKeesport wastewater system for about $156MM. This follows recent votes by McKeesport City Council and the Municipal Authority of City of McKeesport (MACM) in favor of Pennsylvania American Water purchasing wastewater assets. The deal will close in 2H17.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.