American Water Works Company Inc
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Utilities : Water Utilities | Mid Cap Blend
Company profile

American Water Works Company, Inc. is a water and wastewater utility company. The Company's business segment, Regulated Businesses, involves the ownership of utilities that provide water and wastewater services to residential, commercial, industrial, public authority, fire service and sales for resale customers. It also provides regulated-like services through its Military Services Group (MSG), which enters into long-term contracts with the United States government to provide water and wastewater services on various military installations. It also has five contracts with municipal customers to operate and manage water and wastewater facilities and provide other related services through its Contract Services Group (CSG). It operates other market-based businesses that provide water and wastewater services to the United States government on military installations, as well as municipalities and utility customers. Its portfolio also includes City of Villa Grove water and wastewater systems.

Closing Price
$134.71
Day's Change
-2.62 (-1.91%)
Bid
--
Ask
--
B/A Size
--
Day's High
139.05
Day's Low
133.67
Volume
(Below Average)
Volume:
691,710

10-day average volume:
782,782
691,710

Digital World shares fall after it discloses subpoenas from grand jury in the Southern District of New York

7:24 am ET June 27, 2022 (MarketWatch)
Print

Shares of Digital World Acquisition Corp. (DWAC) fell 5% in premarket trades Monday after the special purpose acquisition company (SPAC) that is buying the company behind Donald Trump's Truth Social said a federal grand jury sitting in the Southern District of New York has issued subpoenas that seek many of the same documents demanded in a probe by the Securities and Exchange Commission that was disclosed on June 13. The federal grand jury is also seeking information on Digital World's filings, communications with or about multiple individuals, and information regarding Rocket One Capital. Digital World said the subpoenas, and the investigations by the Department of Justice and the SEC, "can be expected to delay effectiveness of the registration statement, which could materially delay, materially impede, or prevent the consummation" of its pending merger with Trump Media & Technology Group, the parent company of Truth Social. Digital World also said that board member Bruce J. Garelick told the company he planned to resign as of June 22. He states his resignation "was not the result of any disagreement with Digital World's operations, policies or practices," according to the filing. Digital World shares have fallen 45.9% this year.

-Steve Gelsi

	

(END) Dow Jones Newswires

June 27, 2022 07:24 ET (11:24 GMT)

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