Tuesday May 22 | World News Report
California Water Service Group's President & CEO Peter C. Nelson to ...
California Water Service Group today 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.
Wednesday Sector Laggards: Water Utilities, Paper & Forest Products
In trading on Wednesday, water utilities shares were relative laggards, down on the day by about 0.7%. Helping drag down the group were shares of Tri Tech Holding Ord , off about 6.7% and shares of California Water Service Group up about 0.2% on the day.
California Water Service Group Announces First Quarter 2012 Results
The first quarter of 2011 included a favorable one-time tax adjustment of $1.6 million, or $0.04 earnings per share while the first quarter of 2012 included a one-time recovery of $0.9 million or $0.02 earnings per share of deferred Water Revenue Adjustment Mechanism net income.