Key Developments: California Water Service Group (CWT)
20.18USD
24 May 2013
$0.32 (+1.61%)
$19.86
$19.79
$20.19
$19.68
229,868
365,610
$21.22
$16.84
Latest Key Developments (Source: Significant Developments)
California Water Service Group Reaffirms FY 2013 Earnings Guidance-Conference Call
California Water Service Group announced that on March 11 the Company gave guidance, and reaffirms that guidance for fiscal 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $0.87 for fiscal 2013. Full Article
California Water Service Group Declares Quarterly Dividend
California Water Service Group announced that Board of Directors declared the Company's consecutive quarterly dividend in the amount of $0.1600 per common share. It will be payable on May 17, 2013, to stockholders of record on May 6, 2013. Full Article
California Water Service Group Prices Public Offering Of 5,000,000 Shares Of Common Stock
California Water Service Group announced a public offering of 5,000,000 shares of its common stock priced at $19.25 per share to yield total gross proceeds to the Company of $96.25 million. The offering is expected to close on March 26, 2013. The Company has granted the underwriters an option to purchase up to an additional 750,000 shares of its common stock to cover over-allotments, if any. Robert W. Baird & Co. Incorporated and Wells Fargo Securities are acting as joint book running managers for the offering and Brean Capital, Janney Montgomery Scott, Ladenburg Thalmann & Co. Inc., J.J.B. Hilliard, W.L. Lyons, LLC, The Williams Capital Group, L.P. and Blaylock Robert Van, LLC are acting as co-managers. Full Article
California Water Service Group Issues FY 2013 Earnings Guidance Below Analysts' Estimates
California Water Service Group announced that for fiscal 2013, it expects net income to be in the range of $35.7 million to $39.9 million and diluted earnings per common share (EPS) to be in the range of $0.85 to $0.95. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report net income of $44.3 million and EPS of $1.01 for fiscal 2013. Full Article
California Water Service Group Declares Quarterly Dividend And Annual Dividend Increase
California Water Service Group announced that the Board of Directors declared the Company's quarterly dividend, increasing the annual dividend from $0.63 to $0.64. This represents the Company's annual dividend increase. The quarterly dividend of $0.1600 per common share will be payable on February 22, 2013, to stockholders of record on February 11, 2013. Full Article
California Water Service Group Declares Quarterly Dividend
California Water Service Group announced that its Board of Directors declared the company's quarterly dividend in the amount of $0.1575 per common share. It will be payable on November 23, 2012, to stockholders of record on November 12, 2012. Full Article
California Water Service Group Announces Leadership Changes
California Water Service Group announced that effective October 1, 2012, Martin A. Kropelnicki will assume the role of President and Chief Operating Officer, and Thomas F. Smegal III will assume the role of Vice President, Chief Financial Officer and Treasurer. Peter C. Nelson will continue in the role of Chairman and CEO. Full Article
California Water Service Group Declares Quarterly Dividend
California Water Service Group announced that its Board of Directors declared quarterly dividend in the amount of $0.1575 per common share. It will be payable on August 17, 2012, to stockholders of record on August 6, 2012. Full Article
California Water Service Group's President And Chief Executive Officer Peter C. Nelson To Succeed Retiring Chairman Robert W. Foy
California Water Service Group announced its Board of Directors plan to combine the roles of Chairman and President & Chief Executive Officer and have President & Chief Executive Officer Peter C. Nelson succeed retiring Chairman Robert W. Foy, effective May 22, 2012. Full Article
California Water Service Group Declares Quarterly Dividend
California Water Service Group announced that the Board of Directors declared a quarterly dividend in the amount of $0.1575 per common share. It will be payable on May 18, 2012, to stockholders of record on May 7, 2012. Full Article
STOCKS NEWS THAILAND-Cal-Comp Electronics jumps on earnings hope
Shares in Cal-Comp Electronics Pcl jumped 5 percent to 3.78 baht, climbing at one point to 3.86 baht, on expectations the company would post strong earnings growth this year along with rising demand for consumer electronics.
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