On Thursday, American Water Works Company Inc (NYSE:AWK)’s shares declined -1.95% to $50.18.
American Water Works Company Inc (AWK) has reached a Purchase Agreement to acquire the operating assets from Adams Ranch Mutual Water Company and assume the provision of water service within the Adams Ranch Mutual Water Company service area in Rosemead, Calif.
Adams Ranch Mutual Water Company serves residential connections and one commercial connection. The entire system is served by one well built in 2001 together with an interconnection with California American Water.
The purchase of the water system will add about 176 metered customer connections to California American Water’s customer base in the Los Angeles region. California American Water presently supplies water service to more than 28,000 homes and businesses in the Los Angeles County District.
Adams Ranch customers will be served by staff that comprises water treatment and distribution operators who are experts in their fields and hold water and waste water treatment and distribution certifications through the California Department of Public Health.
American Water Works Company, Inc., through its auxiliaries, provides water and wastewater services in the United States and Canada. The company operates through two segments, Regulated Businesses and Market-Based Operations. The Regulated Businesses segment offers water and wastewater services to about 1,600 communities in 16 states.
Nucor Corporation (NYSE:NUE)’s shares gained 0.40% to $42.97.
Nucor Corporation (NUE) declared the regular quarterly cash dividend of $0.3725 per share on Nucor’s common stock. This cash dividend is payable on August 11, 2015 to stockholders of record on June 30, 2015, and is Nucor’s 169th successive quarterly cash dividend.
Nucor and associates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada. Products produced comprise: carbon and alloy steel — in bars, beams, sheet and plate; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; steel fasteners; metal building systems; steel grating and expanded metal; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America’s largest recycler.
Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces and distributes hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; structural steel products comprising wide-flange beams, beam blanks, H-pilings, and sheet pilings; and bar steel products, such as blooms, billets, concrete reinforcing bars, merchant bars, and special bar quality products.
At the end of Thursday’s trade, Automatic Data Processing (NASDAQ:ADP)‘s shares surged 0.82% to $80.69.
Private sector small business employment raised by 120,000 jobs from May to June according to the June ADP Small Business Report®. Due to the important contribution that small businesses make to economic growth, employment data that are specific to businesses with 49 or fewer employees is stated each month and broadly distributed to the public, free of charge. The ADP Small Business Report is produced by ADP®, a leading global provider of Human Capital Administration (HCM) solutions, in partnership with Moody’s Analytics.
Automatic Data Processing, Inc., together with its auxiliaries, provides technology-based outsourcing solutions to employers worldwide. The company operates through Employer Services and Professional Employer Organization (PEO) Services segments. The Employer Services segment offers a range of business outsourcing and human capital administration (HCM) solutions, counting payroll services, benefits administration services, talent administration solutions, human resources administration solutions, time and attendance administration solutions, insurance services, retirement services, and tax compliance and payment solutions.
RMG Networks Holding Corporation (NASDAQ:RMGN), ended its Thursday’s trading session with 23.38% gain, and closed at $1.05.
RMG Networks Holding Corporation ( RMGN), or RMG Networks™, a leading provider of technology-driven visual communications, recently declared the signing of a multimillion agreement to support one of the world’s largest telecommunication companies. Initial purchases under the award total $1.1 million, a majority of which will be recognized as margin for accounting purposes. Noteworthy future orders representing up to an additional $4 million are likely as the solution continues to roll out in 2016 across the customer’s retail footprint. The opportunity represents one of the largest awards in RMG Networks’ history.
RMG Networks Holding Corporation provides enterprise-class digital signage solutions and media applications. It offers a suite of products, counting media services, proprietary software, software-embedded hardware, maintenance and support services, content and creative services, installation services, technical services, and third-party displays.
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