| Date | Title | | | 02/01/10 | California Water Service Group Schedules Fourth Quarter and Year-End 2009 Earnings Results Announcement and Teleconference| SAN JOSE, CA, Feb 01, 2010 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced that its fourth quarter and year-end earnings results will be released after the market-close on Wednesday, February 24, 2010, and its teleconference will be held at 11:00 a.m. EST on Thursday, February 25, 2010.
All stockholders and interested investors are invited to listen to the teleconference. The 2009 fourth quarter and year-end conference call may be accessed by dialing 1-866... |
|  | | 01/27/10 | California Water Service Group Board of Directors Declares 260th Consecutive Quarterly Dividend and 43rd Consecutive Annual Dividend Increase| SAN JOSE, CA, Jan 27, 2010 (MARKETWIRE via COMTEX) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 260th consecutive quarterly dividend, increasing the annual dividend from $1.18 to $1.19. This represents the company's 43rd consecutive annual dividend increase. The quarterly dividend of $0.2975 per common share will be payable on February 19, 2010, to stockholders of record on February 8, 2010.
California Water Service Group is ... |
| | | 11/25/09 | Cal Water President & CEO to Speak at NYSSA Water Conference| SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 25, 2009--
(NYSE: CWT) – Peter C. Nelson, president & CEO of California Water
Service Group (Cal Water), will give a presentation about the company at
the New York Society of Security Analysts (NYSSA) Water Utility
Conference on Dec. 2, 2009, at 9:35 a.m. Eastern time at the NYSSA
office in New York City.
Nelson will provide an overview of the water industry, discuss current
regulatory issues in ... |
| | | 10/28/09 | California Water Service Group Announces Results for 3rd Quarter 2009| SAN JOSE, CA, Oct 28, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced net
income of $19.6 million and earnings per share of $0.94 for the third
quarter of 2009, compared to net income of $22.2 million and earnings
per share of $1.06 in the third quarter of 2008.
Revenues increased by $7.5 million, or 6%, to $139.2 million, with
rate increases adding $12.5 million and water usage by new customers
adding $3.3 million. A decrease in water usage by ... |
| | | 10/28/09 | California Water Service Group Board of Directors Declares 259th Consecutive Quarterly Dividend| SAN JOSE, CA, Oct 28, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) announced today that its
Board of Directors has declared the company's 259th consecutive
quarterly dividend in the amount of $0.2950 per common share. It
will be payable on November 20, 2009, to stockholders of record on
November 9, 2009.
California Water Service Group is the parent company of California
Water Service Company, Washington Water Service Company, New Mexico
Water Service Company... |
| | | 10/27/09 | California Water Service Group Expands Its Lines of Credit to $300 Million| SAN JOSE, CA, Oct 27, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced that it
has expanded its unsecured credit facilities to a $300 million,
three-year, syndicated revolving line of credit to be used for
working capital purposes, including the short-term financing of
capital projects.
The base loan rate may vary from prime plus 50 basis points to prime
plus 125 basis points depending on the Company's total capitalization
ratio. Likewise, the unu... |
| | | 10/14/09 | California Water Service Group Schedules Third Quarter 2009 Earnings Results Announcement and Teleconference| SAN JOSE, CA, Oct 14, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced that its
second quarter earnings results will be released after the
market-close on Wednesday, October 28, 2009, and its teleconference
will be held at 11 a.m. EDT on Thursday, October 29, 2009.
All stockholders and interested investors are invited to listen to
the teleconference. The 2009 third quarter conference call may be
accessed by dialing 1-866-814-8476 and keying in ID#... |
| | | 07/29/09 | Cal Water Announces Results for the 2nd Quarter of 2009| SAN JOSE, CA, Jul 29, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced net
income of $12.1 million, up 20% from $10.1 million in the second
quarter of 2008, and earnings per common share (EPS) of $0.58, an
increase of 21% over EPS of $0.48 in the same period last year.
Revenues increased by $11.1 million, or 11%, to $116.7 million, with
rate increases adding $19.2 million and water usage by new customers
adding $3.4 million. These increases were o... |
| | | 07/29/09 | California Water Service Group Board of Directors Declares 258th Consecutive Quarterly Dividend| SAN JOSE, CA, Jul 29, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) announced today that its
Board of Directors has declared the company's 258th consecutive
quarterly dividend in the amount of $0.2950 per common share. It
will be payable on August 21, 2009, to stockholders of record on
August 10, 2009.
California Water Service Group is the parent company of California
Water Service Company, Washington Water Service Company, New Mexico
Water Service Company, H... |
| | | 07/15/09 | California Water Service Group Schedules Second Quarter 2009 Earnings Results Announcement and Teleconference| SAN JOSE, CA, Jul 15, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced that its
second quarter earnings results will be released after the
market-close on Wednesday, July 29, 2009, and its teleconference will
be held at 11 a.m. EDT on Thursday, July 30, 2009.
All stockholders and interested investors are invited to listen to
the teleconference. The 2009 second quarter conference call may be
accessed by dialing 1-866-871-4881 and keying in ID# 13693... |
| | | 06/01/09 | California Water Service Group's Martin A. Kropelnicki Named "Bay Area CFO of the Year" -- for Public Companies up to $500 Million Revenue| SAN JOSE, CA, Jun 01, 2009 (MARKETWIRE via COMTEX) -- Martin A. Kropelnicki, Vice President, Chief Financial Officer, and
Treasurer of California Water Service Group (NYSE: CWT), was named
Bay Area CFO of the Year for public companies with up to $500 million
in revenue at a dinner benefiting Larkin Street Youth Services on May
28.
The awards program is an annual event that honors Bay Area Chief
Financial Officers. The other two finalists in the category were
Thomas P. Cawley of Peet's Co... |
| | | 04/29/09 | California Water Service Group Announces First Quarter 2009 Results| SAN JOSE, CA, Apr 29, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced net
income of $2.4 million and earnings per share of $0.12 for the first
quarter of 2009, compared to net income of $0.2 million and earnings
per share of $0.01 for the first quarter of 2008.
Revenues increased by $13.7 million, or 19%, to $86.6 million, with
rate increases adding $11.6 million and sales to new customers adding
$2.4 million. A decrease in usage and other change... |
| | | 04/29/09 | California Water Service Group Board of Directors Declares 257th Consecutive Quarterly Dividend| SAN JOSE, CA, Apr 29, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) announced today that its
Board of Directors has declared the company's 257th consecutive
quarterly dividend in the amount of $0.2950 per common share. It
will be payable on May 18, 2009, to stockholders of record on May 8,
2009.
California Water Service Group is the parent company of California
Water Service Company, Washington Water Service Company, New Mexico
Water Service Company, Hawaii ... |
| | | 04/14/09 | California Water Service Group Schedules First Quarter 2009 Earnings Results Announcement and Teleconference| SAN JOSE, CA, Apr 14, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced that its
first quarter earnings results will be released after the
market-close on Wednesday, April 29, 2009, and its teleconference
will be held at 11 a.m. EDT on Thursday, April 30, 2009.
All stockholders and interested investors are invited to listen to
the teleconference. The 2009 first quarter conference call may be
accessed by dialing 1-866-847-7859 and keying in ID# 134... |
| | | 04/13/09 | Cal Water Prices $100 Million of First Mortgage Bonds| SAN JOSE, CA, Apr 13, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) announced today that
California Water Service Company ("Cal Water"), a wholly-owned
subsidiary of California Water Service Group, priced an offering of
$100,000,000 in aggregate principal amount of its 5.875% First
Mortgage Bonds due 2019, Series LL.
The bonds will mature on May 1, 2019, and interest on the bonds will
accrue and be payable semi-annually in arrears on May 1 and November 1
comm... |
| | | 04/08/09 | Cal Water Announces Intention to Offer $100 Million First Mortgage Bonds| SAN JOSE, CA, Apr 08, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) announced today that
California Water Service Company, a wholly-owned subsidiary of
California Water Service Group, intends to offer and sell, subject to
market and other conditions, $100 million principal amount of first
mortgage bonds, which will be fully and unconditionally guaranteed by
California Water Service Group. Robert W. Baird & Co. Incorporated
is acting as the sole underwriter fo... |
| | | 03/27/09 | Cal Water President & CEO to Speak at Water Industry Summit| SAN JOSE, CA, Mar 27, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) President and Chief
Executive Officer Peter C. Nelson will give a presentation about the
company at Janney Montgomery Scott's 2009 Water Industry Summit. The
presentation, part of a panel discussion called "Maintaining Needed
Rate Increases and Capital Spending in the Current Economy," will be
held at The Grand Hyatt Hotel in New York City on Wednesday, April 1,
2009, at 1:30 p.m. Eastern time... |
| | | 02/25/09 | California Water Service Group Announces Revenues and Earnings for Year-End and 4th Quarter 2008| SAN JOSE, CA, Feb 25, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced net
income of $39.8 million, up 28% or $8.6 million for the 2008 fiscal
year. Diluted earnings per share were $1.90, up 27% or $0.40 per
share compared to $1.50 for the same period last year.
Revenue for 2008 was $410.3 million, increasing 12% or $43.2 million
over revenue of $367.1 million for 2007. Revenues for 2008 included
an additional $42.0 million from rate increases a... |
| | | 02/05/09 | California Water Service Group Schedules Fourth Quarter and Year-End 2008 Earnings Results Announcement and Teleconference| SAN JOSE, CA, Feb 05, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced that its
fourth quarter and year-end earnings results will be released after
the market-close on Wednesday, February 25, 2009, and its
teleconference will be held at 11:00 a.m. EST on Thursday, February
26, 2009.
All stockholders and interested investors are invited to listen to
the teleconference. The 2008 fourth quarter and year-end conference
call may be accessed by dialin... |
| | | 01/28/09 | California Water Service Group Board of Directors Declares 257th Consecutive Quarterly Dividend and 42nd Consecutive Annual Dividend Increase| SAN JOSE, CA, Jan 28, 2009 (MARKET WIRE via COMTEX) -- At its meeting today, the California Water Service Group (NYSE: CWT)
Board of Directors declared the company's 257th consecutive quarterly
dividend, increasing the annual dividend from $1.17 to $1.18. This
represents the company's 42nd consecutive annual dividend increase.
The quarterly dividend of $0.2950 per common share will be payable on
February 20, 2009, to stockholders of record on February 9, 2009.
California Water Service Grou... |
| | | 11/26/08 | Cal Water President & CEO to Speak at NYSSA Water Conference| SAN JOSE, CA, Nov 26, 2008 (MARKET WIRE via COMTEX News Network) -- Peter C. Nelson, president & CEO of California Water Service Group
(Cal Water) (NYSE: CWT), will give a presentation about the company
at the New York Society of Security Analysts (NYSSA) Water Utility
Conference on Dec. 4, 2008, at 9:35 a.m. Eastern time at the NYSSA
office in New York City.
Nelson's presentation will not be webcast live; however, it will be
included in the archived webcast available at www.nyssa.org a fe... |
| | | 10/29/08 | Cal Water Announces Results for the 3rd Quarter of 2008| SAN JOSE, CA, Oct 29, 2008 (MARKET WIRE via COMTEX News Network) -- California Water Service Group (NYSE: CWT) today announced net
income of $22.2 million for the third quarter of 2008, up 61%
compared to $13.8 million in the third quarter of 2007. Earnings per
diluted share were $1.06 for the third quarter of 2008, up 58%
compared to earnings per diluted share of $0.67 in the third quarter
of 2007.
Revenues increased by $17.9 million, or 16%, to $131.7 million, with
rate increases addin... |
| | | 10/29/08 | California Water Service Group Board of Directors Declares 256th Consecutive Quarterly Dividend| SAN JOSE, CA, Oct 29, 2008 (MARKET WIRE via COMTEX News Network) -- At its meeting today, the California Water Service Group (NYSE: CWT)
Board of Directors declared the company's 256th consecutive quarterly
dividend in the amount of $0.2925 per common share. It will be
payable on November 14, 2008, to stockholders of record on November
3, 2008.
California Water Service Group is the parent company of California
Water Service Company, Washington Water Service Company, New Mexico
Water Servi... |
| | | 10/16/08 | California Water Service Group Schedules Third Quarter 2008 Earnings Results Announcement and Teleconference| SAN JOSE, CA, Oct 16, 2008 (MARKET WIRE via COMTEX News Network) -- California Water Service Group (NYSE: CWT) today announced that its
third quarter earnings results will be released after the
market-close on Wednesday, October 29, 2008, and its teleconference
will be held at 11 a.m. ET on Thursday, October 30, 2008.
All stockholders and interested investors are invited to listen to
the teleconference. The 2008 third quarter conference call may be
accessed by dialing 1-866-259-1024 and k... |
| | | 09/03/08 | Hawaii Water Service Company Completes Acquisition of Waikoloa Water and Wastewater Systems| SAN JOSE, CA, Sep 03, 2008 (MARKET WIRE via COMTEX News Network) -- Today Hawaii Water Service Company, a subsidiary of California Water
Service Group (NYSE: CWT), completed its acquisition of Waikoloa
Resort Utilities, Inc., Waikoloa Water Company, Inc., and Waikoloa
Sanitary Sewer Company, Inc. (collectively known as West Hawaii
Utilities), which provide water and wastewater services to homes,
condominiums, hotels, golf courses, and shops at Waikoloa Beach
Resort and in Waikoloa Village,... |
| | | 07/30/08 | Cal Water Announces Results for the 2nd Quarter of 2008| SAN JOSE, Calif.--(BUSINESS WIRE)--July 30, 2008--California Water
Service Group (NYSE: CWT) today announced net income of $10.1 million,
up 31% from $7.7 million in the second quarter of 2007, and earnings
per common share of $0.48, an increase of 30% over $0.37 in the same
period last year.
Revenues increased by $9.8 million, or 10%, to $105.6 million,
with rate increases adding $6.0 million, sales to existing customers
adding $3.6 million, and water usage by new customers addin... |
| | | 07/23/08 | California Water Service Group Board of Directors Declares 255th Consecutive Quarterly Dividend| SAN JOSE, Calif., Jul 23, 2008 (BUSINESS WIRE) -- At its meeting today, the California Water Service Group
(NYSE:CWT) Board of Directors declared the company's 255th consecutive
quarterly dividend in the amount of $0.2925 per common share. It will
be payable on August 15, 2008, to stockholders of record on August 4,
2008. The regular dividend on Series C preferred stock was also
declared.
California Water Service Group is the parent company of California
Water Service Company, Washington ... |
| | | 07/17/08 | California Water Service Group Schedules Second Quarter 2008 Earnings Results Announcement and Teleconference| SAN JOSE, Calif.--(BUSINESS WIRE)--July 17, 2008--California Water
Service Group (NYSE: CWT) today announced that its second quarter
earnings results will be released after the market-close on Wednesday,
July 30, 2008, and its teleconference will be held at 11 a.m. EDT on
Thursday, July 31, 2008.
All stockholders and interested investors are invited to listen to
the teleconference. The 2008 second quarter conference call may be
accessed by dialing 1-866-837-9789 and keying in ID# ... |
| | | 07/14/08 | California Public Utilities Commission Issues Decision on California Water Service Company's 2007 General Rate Case| SAN JOSE, Calif.--(BUSINESS WIRE)--July 14, 2008--At its meeting
on July 10, the California Public Utilities Commission (CPUC) approved
a settlement between the CPUC's Division of Ratepayer Advocates and
California Water Service Company (Cal Water), the largest subsidiary
of California Water Service Group (NYSE: CWT), authorizing rate
increases in eight Cal Water districts.
The decision authorizes rate increases totaling $33.4 million for
operating districts in Chico, East Los Ang... |
| | | 07/14/08 | California Water Service Group to Redeem All Outstanding Shares of Its Series C Preferred Stock| SAN JOSE, Calif.--(BUSINESS WIRE)--July 14, 2008--California Water
Service Group (NYSE: CWT) today announced that it will redeem all
139,000 outstanding shares of its 4.4% "Series C" preferred stock on
August 15, 2008. The Series C will be redeemed in cash at a redemption
price of $26.75 per share, plus all accrued and unpaid dividends in
respect of the Series C up to but not including the redemption date.
After completion of the redemption there will not be any Series C
preferred sto... |
| | | 06/05/08 | Cal Water Activates Stage I of Its Drought Management Plan; Asks Customers to Reduce Water Usage by 10%| SAN JOSE, Calif.--(BUSINESS WIRE)--June 5, 2008--California Water
Service Company (Cal Water) (NYSE:CWT) announced today that it has
activated Stage I of its Drought Management Plan for its 24 operating
districts and encouraged the two million people it serves throughout
the state of California to reduce their water usage by 10%.
"We have been actively encouraging customers to conserve water for
some time, and in fact will be implementing tiered rates in most of
our service areas ... |
| | | 05/30/08 | Cal Water President & CEO to Speak at Water Industry Conference| SAN JOSE, Calif.--(BUSINESS WIRE)--May 30, 2008--Peter C. Nelson,
president & CEO of California Water Service Group (Cal Water) (NYSE:
CWT), will give a presentation about the company at IncreMental
Advantage's Profiting in the Water Industry Conference on Thursday,
June 5, 2008, at 9:10 a.m. Eastern time at The Harvard Club in New
York City.
California Water Service Group is the parent company of California
Water Service Company, Washington Water Service Company, New Mexico
Wate... |
| | | 05/01/08 | California Water Service Group Board of Directors Declares 254th Consecutive Quarterly Dividend| SAN JOSE, Calif.--(BUSINESS WIRE)--May 1, 2008--California Water
Service Group (NYSE:CWT) announced today that its Board of Directors
has declared the company's 254th consecutive quarterly dividend in the
amount of $0.2925 per common share. It will be payable on May 16,
2008, to stockholders of record on May 5, 2008. The regular dividend
on Series C preferred stock was also declared.
California Water Service Group is the parent company of California
Water Service Company, Washingt... |
| | | 04/30/08 | Cal Water Announces First Quarter 2008 Results| SAN JOSE, Calif.--(BUSINESS WIRE)--April 30, 2008--California
Water Service Group (NYSE:CWT) today announced net income of $0.2
million and diluted earnings per common share of $0.01 for the first
quarter of 2008, compared to net income of $1.6 million and diluted
earnings per common share of $0.07 for the first quarter of 2007.
Revenues increased by $1.4 million, or 2%, to $72.9 million, with
rate increases adding $4.2 million and sales to new customers adding
$0.4 million, par... |
| | | 04/17/08 | California Water Service Group Schedules First Quarter 2008 Earnings Results Announcement and Teleconference| SAN JOSE, Calif., Apr 17, 2008 (BUSINESS WIRE) -- California Water Service Group (NYSE: CWT) today announced that
its first quarter earnings results will be released after the
market-close on Wednesday, April 30, 2008, and its teleconference will
be held at 11 a.m. EDT on Thursday, May 1, 2008.
All stockholders and interested investors are invited to listen to
the teleconference. The 2008 first quarter conference call may be
accessed by dialing 1-866-814-1919 and keying in ID# 1226399. A r... |
| | | 04/07/08 | Cal Water President & CEO to Speak at Water Industry Summit| SAN JOSE, Calif.--(BUSINESS WIRE)--April 7, 2008--California Water
Service Group (NYSE:CWT) President and Chief Executive Officer Peter
C. Nelson will give a presentation about the company at Janney
Montgomery Scott's 2008 Water Industry Summit. The presentation, part
of a panel discussion called "Municipal and Private Water Utilities:
Meeting the CapEx Challenge," will be held at The Grand Hyatt Hotel in
New York City on Tuesday, April 8, 2008, at 9:15 a.m. Eastern time.
Califo... |
| | | 03/31/08 | California Water Service Group Announces Selection of Deloitte & Touche LLP as Independent Registered Public Accountants| SAN JOSE, Calif., Mar 31, 2008 (BUSINESS WIRE) -- California Water Service Group (NYSE:CWT) today announced the
selection of Deloitte & Touche LLP (Deloitte) as the Company's
independent registered public accounting firm, subject to their
customary client acceptance procedures.
In February of this year, the Company's audit committee decided,
in accordance with good corporate governance practices, to undertake a
thorough assessment of audit firms that serve regulated companies.
After condu... |
| | | 03/26/08 | California Water Service Group Announces Election of Edwin A. Guiles to Its Board of Directors| SAN JOSE, Calif.--(BUSINESS WIRE)--March 26, 2008--On March 26,
2008, Edwin A. Guiles, 58, was elected to the Board of California
Water Service Group (NYSE:CWT).
Guiles' career in the energy industry spans 36 years; prior to
assuming his current position as Executive Vice President of Corporate
Development at San Diego-based Sempra Energy, he held a range of
senior management positions, including Chairman and CEO of the Sempra
Energy Utilities, San Diego Gas & Electric, and Southe... |
| | | 03/24/08 | Cal Water CFO to Speak at Edward Jones Utility Conference| SAN JOSE, Calif.--(BUSINESS WIRE)--March 24, 2008--Martin A.
Kropelnicki, Chief Financial Officer and Treasurer of California Water
Service Group (Cal Water) (NYSE:CWT), will give a presentation about
the company at the Edward Jones Mid-Cap Utility Conference on Tuesday,
March 25, 2008, at 1:25 p.m. Eastern time at the New York Palace hotel
in New York City.
Kropelnicki's presentation will not be webcast live; however, it
can be viewed from the Calendar of Events page on Cal Water... |
| | | 02/27/08 | California Water Service Group Announces Revenues and Earnings for 4th Quarter and Year-End 2007| SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 27, 2008--California Water
Service Group (NYSE:CWT) today announced net income of $8.0 million
for the fourth quarter of 2007, an increase of 25% over net income of
$6.4 million in the fourth quarter of 2006, and diluted earnings per
common share of $0.39, compared to $0.31 per common share for the same
period last year.
Revenue for the fourth quarter increased $5.2 million, or 6.5%, to
$85.9 million, from $80.6 million for the same period l... |
| | | 02/14/08 | California Water Service Group Schedules Fourth Quarter and Year-End 2007 Earnings Announcement and Teleconference| SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 14, 2008--California Water
Service Group (NYSE:CWT) today announced that its fourth quarter and
year-end earnings results will be released after the market-close on
Wednesday, February 27, 2008, and its teleconference will be held at
11 a.m. EDT on Thursday, February 28, 2008.
All stockholders and interested investors are invited to listen to
the teleconference. The 2007 fourth quarter and year-end conference
call may be accessed by dialing ... |
| | | 01/23/08 | California Water Service Group Board of Directors DECLARES 253rd CONSECUTIVE Quarterly DIVIDEND and 41st CONSECUTIVE Annual Dividend Increase| Annual Stockholders' Meeting Set for May 27, 2008
SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 23, 2008--At its meeting
today, the California Water Service Group (NYSE:CWT) Board of
Directors declared the company's 253rd consecutive quarterly dividend,
increasing the annual dividend from $1.16 to $1.17. This represents
the company's 41st consecutive annual dividend increase. The quarterly
dividend of $0.2925 per common share will be payable on February 15,
2008, to stockholders of reco... |
| | | 12/10/07 | Cal Water Director of Corporate Communications to Speak at IncreMental Advantage Conference| SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 10, 2007--(NYSE: CWT) -
Shannon Dean, Director of Corporate Communications of California Water
Service Group (Cal Water), will give a presentation about the company
at IncreMental Advantage's Profiting in the Water Industry Conference
on Dec. 13, 2007, at 9:10 a.m. Pacific time at The Westin San
Francisco Airport Hotel in Millbrae, Calif.
Dean's presentation slides will be available on the Company's web
site at www.calwatergroup.com, on the ... |
| | | 11/29/07 | Cal Water President & CEO to Speak at NYSSA Water Conference| SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 29, 2007--Peter C. Nelson,
president & CEO of California Water Service Group (Cal Water)
(NYSE:CWT), will give a presentation about the company at the New York
Society of Security Analysts (NYSSA) Water Utility Conference on Dec.
6, 2007, at 11 a.m. Eastern time at the NYSSA office in New York City.
Nelson's presentation will not be webcast live; however, it will
be included in the archived webcast available at www.nyssa.org a few
days follo... |
| | | 10/31/07 | Cal Water Reports Third Quarter 2007 Results and Announces 252nd Consecutive Quarterly Dividend| SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 31, 2007--California Water
Service Group (NYSE:CWT) today announced net income of $13.8 million
and earnings per common share of $0.67 for the third quarter of 2007,
compared to net income of $12.6 million and earnings of $0.68 per
common share in the third quarter of 2006. Earnings per share
decreased in the third quarter of 2007 by approximately $0.08 per
common share on a diluted basis as a result of the equity offering
completed in October 2... |
| | | 10/11/07 | California Water Service Group Schedules Third Quarter 2007 Earnings Announcement and Teleconference| SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 11, 2007--California Water
Service Group (NYSE:CWT) today announced that its third quarter
earnings results will be released after the market-close on Wednesday,
October 31, 2007, and its teleconference will be held at 11 a.m. EDT
on Thursday, November 1, 2007.
All stockholders and interested investors are invited to listen to
the teleconference. The 2007 third quarter conference call may be
accessed by dialing 1-866-225-2976 and keying in I... |
| | | 09/14/07 | California Water Service Group Director to Retire| SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 14, 2007--California
Water Service Group (NYSE:CWT) today announced outside director David
N. Kennedy's decision to retire after serving on the board since 2003.
"Dave took his board responsibilities very seriously, as all of
our board members do, and after careful consideration, he decided it
was time to focus on personal rather than professional pursuits," said
Group Chairman, Robert W. Foy.
"We will certainly miss him. He brought a w... |
| | | 09/12/07 | Cal Water President & CEO to Speak at International Water Conference| SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 12, 2007--California
Water Service Group (NYSE:CWT) President and Chief Executive Officer
Peter C. Nelson will deliver an update on the operations of the
Company and regulatory changes at the Stanford Group Company's 2007
International Water Conference. The presentation, part of a panel
discussion called "Water Utilities - Trends and Transitions," will be
held at Intercontinental The Barclay New York in New York City on
Tuesday, Sept. 18, 2007,... |
| | | 08/01/07 | Cal Water Announces Second Quarter 2007 Results and Company Declares 251st Consecutive Quarterly Dividend| SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 1, 2007--California Water
Service Group (NYSE:CWT) today announced net income of $7.7 million
and earnings per common share of $0.37 for the second quarter of 2007,
compared to net income of $5.7 million and earnings of $0.31 per
common share in the second quarter of 2006.
Revenues increased by $14.7 million, or 18%, to $95.8 million,
benefiting from a $9.9 million increase in water sales to existing
customers, a $4.0 million increase in rat... |
| | | 07/18/07 | California Water Service Group Schedules Second Quarter 2007 Earnings Announcement and Teleconference| SAN JOSE, Calif.--(BUSINESS WIRE)--July 18, 2007--California Water
Service Group (NYSE: CWT) today announced that its second quarter
earnings results will be released after the market-close on Wednesday,
August 1, 2007, and its teleconference will be held at 11 a.m. EDT on
Thursday, August 2, 2007.
All stockholders and interested investors are invited to listen to
the teleconference. The 2007 second quarter conference call may be
accessed by dialing 1-866-253-5757 and keying in ID... |
| | | 06/04/07 | Cal Water President and CEO to Speak at IncreMental Advantage Conference| SAN JOSE, Calif.--(BUSINESS WIRE)--June 4, 2007--Peter C. Nelson,
president & CEO of California Water Service Group (Cal Water)
(NYSE:CWT), will give a presentation about the company at IncreMental
Advantage's Profiting in the Water Industry Conference on June 6,
2007, at 9:10 a.m. Eastern time at The Harvard Club in New York City.
Nelson's presentation will be webcast live from Cal Water's web
site at www.calwatergroup.com. Participants can listen to the audio
webcast and view pr... |
| | | 05/31/07 | California Water Service Group Signs Renewal of Revolving Credit Agreement| SAN JOSE, Calif.--(BUSINESS WIRE)--May 31, 2007--California Water
Service Group (NYSE:CWT) today announced that California Water Service
Group and its subsidiaries, California Water Service Company, CWS
Utility Services, New Mexico Water Service Company, Washington Water
Service Company, and Hawaii Water Service Company, Inc., entered into
two unsecured loan agreements with Bank of America, NA ("Lender").
California Water Service Company entered into an unsecured loan
agreement wi... |
| | | 05/11/07 | Cal Water CFO to Speak at A.G. Edwards Yield Conference| SAN JOSE, Calif.--(BUSINESS WIRE)--May 11, 2007--Martin A.
Kropelnicki, Chief Financial Officer and Treasurer of California Water
Service Group (Cal Water) (NYSE:CWT), will give a presentation about
the company at the A.G. Edwards Yield Conference on Tuesday, May 15,
2007, at 10:30 a.m. Eastern time at the New York Palace hotel in New
York City.
Kropelnicki's presentation will be webcast live from Cal Water's
web site at www.calwatergroup.com. Participants can listen to the
audio... |
| | | 05/02/07 | Cal Water Announces First Quarter 2007 Results| SAN JOSE, Calif.--(BUSINESS WIRE)--May 2, 2007--California Water
Service Group (NYSE:CWT) today announced net income of $1.6 million
and earnings per common share of $0.07 for the first quarter of 2007,
compared to net income of $0.8 million and earnings of $0.04 per
common share in the first quarter of 2006.
Revenues increased by $6.4 million to $71.6 million, benefiting
from a $3.2 million increase in water sales to existing customers, a
$2.6 million increase in rates, and a $0.... |
| | | 04/25/07 | Cal Water Declares 250th Consecutive Quarterly Dividend and Reports Results of Annual Meeting| SAN JOSE, Calif.--(BUSINESS WIRE)--April 25, 2007--At their
meeting today, the Directors of California Water Service Group
(NYSE:CWT) declared the Company's 250th consecutive quarterly dividend
on common stock. The quarterly dividend of $0.2900 will be payable on
May 18, 2007, to stockholders of record on May 7, 2007. The Board also
declared a regular dividend on Series C preferred stock.
At their Annual Meeting, stockholders re-elected incumbent board
members and ratified the sel... |
| | | 04/19/07 | California Water Service Group Schedules First Quarter 2007 Earnings Results Announcement and Teleconference| SAN JOSE, Calif.--(BUSINESS WIRE)--April 19, 2007--California
Water Service Group (NYSE:CWT) today announced that its first quarter
earnings results will be released after the market-close on Wednesday,
May 2, 2007, and its teleconference will be held at 11 a.m. EDT on
Thursday, May 3, 2007.
All stockholders and interested investors are invited to listen to
the teleconference. The 2007 first quarter conference call may be
accessed by dialing 1-866-835-8908 and keying in ID# 1064... |
| | | 02/28/07 | Cal Water Announces Revenues and Earnings for 4th Quarter and Year-End 2006| SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 28, 2007--California Water
Service Group (NYSE:CWT) today announced net income of $6.4 million
for the fourth quarter of 2006, an increase of 10% over net income of
$5.8 million in the fourth quarter of 2005. Diluted earnings per share
were $0.31, compared to $0.32 per share for the same period last year.
Revenue for the fourth quarter increased $2.8 million, or 4%, to
$80.6 million. The increase in revenue is primarily due to the
addition o... |
| | | 02/01/07 | California Water Service Group Schedules Fourth Quarter & Year-End 2006 Earnings Results Announcement and Teleconference| SAN JOSE, Calif., Feb 01, 2007 (BUSINESS WIRE) -- California Water Service Group (NYSE:CWT) today announced that its
fourth quarter earnings is scheduled to be released after the
market-close on Wednesday, February 28, 2007, and its teleconference
will be held at 11 a.m. EST on Thursday, March 1, 2007.
All stockholders and interested investors are invited to listen to
the teleconference. The 2006 fourth quarter and year-end conference
call may be accessed by dialing 1-866-802-4290 and keyi... |
| | | 01/24/07 | California Water Service Group Board of Directors Declares 249th Consecutive Quarterly Dividend and 40th Consecutive Annual Dividend Increase| Annual Stockholders' Meeting Set for April 25, 2007
SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 24, 2007--At its meeting
today, the California Water Service Group (NYSE:CWT) Board of
Directors declared the company's 249th consecutive quarterly dividend,
increasing the annual dividend from $1.15 to $1.16. This represents
the company's 40th consecutive annual dividend increase. The quarterly
dividend of $0.2900 per common share is payable on February 16, 2007,
to stockholders of record ... |
| | | 12/05/06 | Cal Water President & CEO to Speak at NYSSA Water Conference| SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 5, 2006--Peter C. Nelson,
president & CEO of California Water Service Group (Cal Water)
(NYSE:CWT), will give a presentation about the company at the New York
Society of Security Analysts (NYSSA) Water Industry Conference on Dec.
7, 2006, at 9:30 a.m. Eastern time at the NYSSA office in New York
City.
Nelson's presentation will be webcast live from Cal Water's web
site at www.calwatergroup.com. Participants can listen to the audio
webcast ... |
| | | 11/01/06 | Cal Water Announces Third Quarter 2006 Results and Company Declares 248th Consecutive Quarterly Dividend| SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 1, 2006--California Water
Service Group (NYSE:CWT) today announced net income of $12.6 million
and earnings per share of $0.68 for the third quarter of 2006,
compared to net income of $13.1 million and earnings per share of
$0.71 in the third quarter of 2005. On a twelve-month basis, earnings
per share were $1.35, decreasing $0.01 from last year's $1.36.
Revenue for the third quarter increased $6.6 million, or 7%, to
$107.8 million over the... |
| | | 10/12/06 | California Water Service Group Closes Public Offering of Common Stock, Including Over-Allotment Option| SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 12, 2006--California Water
Service Group (NYSE:CWT) announced today that it has completed an
underwritten public offering of 2,250,000 shares of its Common Stock
(including 250,000 shares pursuant to the exercise, in part, by the
underwriters of their over-allotment option) at a price per share of
$36.75 to the public, raising approximately $82.7 million in gross
proceeds.
The Company plans to add the net proceeds of approximately $79.1
mi... |
| | | 10/05/06 | California Water Service Group Prices Public Offering of 2,000,000 Shares of Common Stock| SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 5, 2006--California Water
Service Group (NYSE:CWT) announced today that a public offering of
2,000,000 shares of its common stock was priced at $36.75 per share to
yield total gross proceeds to the Company of $73.5 million. The
offering is expected to close on October 12, 2006. The Company has
granted the underwriters a 30-day option to purchase up to an
additional 300,000 shares of its Common Stock to cover
over-allotments, if any.
Robert... |
| | | 09/11/06 | Cal Water President & CEO to Speak at Global Water Conference| SAN JOSE, Calif., Sep 11, 2006 (BUSINESS WIRE) -- California Water Service Group (NYSE:CWT) President and
Chief Executive Officer Peter C. Nelson will give a presentation on
the state of the Company as part of a panel discussion at the Stanford
Group Company's Global Water Conference on Wednesday, Sept. 13, 2006,
at 10:45 a.m. EST. The presentation will be held at Intercontinental
The Barclay New York in New York City.
California Water Service Group is the parent company of California
W... |
| | | 08/31/06 | Cal Water Announces Issuance of $20 Million, New Unsecured Series O Senior Notes at 6.02%, Due in August 2031| SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 31, 2006--California Water
Service Group (NYSE:CWT) today announced that its subsidiary,
California Water Service Company, completed a private placement of new
debt with the August 31, 2006 issuance of $20 million, 6.02%, series O
Senior Notes (unsecured), due in August 2031.
The company intends to use the net proceeds of the notes to reduce
debt under the company's revolving credit agreement and to finance
future capital projects.
The ... |
| | | 08/16/06 | New Mexico Water Service Company Acquires Independent Utility Company, Increasing Its Customer Base by Six Percent| BELEN, N.M.--(BUSINESS WIRE)--Aug. 16, 2006--New Mexico Water
Service Company, a subsidiary of California Water Service Group
(NYSE:CWT), today announced its completion of the acquisition of the
assets of Independent Utility Company, which serves a population of
1,200 through 400 connections located 15 miles east of Albuquerque,
New Mexico.
"We're very pleased to have the opportunity to serve these
customers, and we look forward to exceeding their expectations by
providing excell... |
| | | 08/02/06 | Cal Water Announces Second Quarter 2006 Results and Company Declares 247th Consecutive Quarterly Dividend| SAN JOSE, Calif., Aug 02, 2006 (BUSINESS WIRE) -- California Water Service Group (NYSE:CWT) today
announced net income of $5.7 million and earnings per share of $0.31
for the second quarter of 2006, compared to net income of $7.6 million
and earnings per share of $0.41 in the second quarter of 2005. On a
twelve-month basis, earnings per share were $1.38, increasing $0.15
from last year's $1.23.
Revenue for the second quarter decreased $0.4 million, or 1%, to
$81.1 million from the same ... |
| | | 07/26/06 | Historic Water Conservation Measures Advanced by Water Utilities and Environmental Groups| SAN FRANCISCO--(BUSINESS WIRE)--July 26, 2006--A coalition of
California water utilities and environmental groups submitted Joint
Recommendations to the California Public Utilities Commission
(Commission) today to demonstrate broad support for actions that may
be taken by the Commission to immediately strengthen water
conservation programs, a key objective of the Commission's recently
issued Water Action Plan.
The Conservation Recommendations (Recommendations) were developed
by C... |
| | | 07/20/06 | New Mexico Water Service Company Celebrates First-of-Its-Kind Wastewater Treatment Plant Upgrade| BELEN, N.M.--(BUSINESS WIRE)--July 20, 2006--California Water
Service Group (NYSE:CWT) subsidiary New Mexico Water Service Company
hosted a dedication ceremony today to commemorate the completion of
the first wastewater retrofit project of its kind at the company's Rio
Del Oro Wastewater Treatment Facility in the Rio Del Oro area between
Belen and Los Lunas.
"To our knowledge, nobody has ever retrofitted a wastewater plant
with Membrane Bioreactor (MBR) microfiltration technology ... |
| | | 07/12/06 | California Water Service Group Announces Second Quarter Earnings and Teleconference| SAN JOSE, Calif.--(BUSINESS WIRE)--July 12, 2006--California Water
Service Group (NYSE:CWT) today announced that its second quarter
earnings will be released after market-close on Wednesday, August 2,
2006, and its teleconference will be held at 4 p.m. EDT on Thursday,
August 3, 2006.
All stockholders and interested investors are invited to listen to
the teleconference. The second quarter call may be accessed by dialing
1-866-804-3550 and keying in ID# 932268. The replay of the ca... |
| | | 06/23/06 | CALIFORNIA WATER SERVICE GROUP CEO CONDUCTS INTERVIEW WITH WWW.WALLST.NET |
SAN JOSE, CA - California Water Service Group President and Chief Executive Officer Peter C. Nelson provides an update to stockholders and investors through an interview with www.wallst.net posted on the financial news and information site today.
Interested investors can hear the interview in its entirety by logging on to www.wallst.net, clicking the "interviews" link, and entering the company's ticker symbol-"CWT"-in the NYSE column or the "search archives" box. Listening to interview... |
| | | 06/07/06 | CALIFORNIA WATER SERVICE GROUP CEO TO SPEAK AT |
SAN JOSE, CA - California Water Service Group President and Chief Executive Officer Peter C. Nelson will give an industry overview and a company presentation at Wall Street Transcript's "Profiting in the Water Industry" conference, to be held at the Harvard Club in New York City on June 8, 2006.
Nelson's presentation, scheduled for 9:10 a.m. EST, will highlight California Water Service Group's investment features and will address the company's increasing capital investment, service repu... |
| | | 04/26/06 | Cal Water Announces First Quarter 2006 Results and Company Declares 246th Consecutive Quarterly Dividend| SAN JOSE, Calif.--(BUSINESS WIRE)--April 26, 2006--California
Water Service Group (NYSE:CWT) today announced net income of $832,000
or earnings of $0.04 per diluted share for the first quarter of 2006,
compared to net income of $680,000 or $0.03 per diluted share in the
first quarter of 2005.
Revenue for the quarter increased by $4.9 million, or 8 percent,
to $65.2 million. Adding to revenue was $1.9 million in rate
increases, $0.7 million in sales to new customers, and $2.3 milli... |
| | | 02/22/06 | California Water Service Group Names New Vice President, Chief Financial Officer and Treasurer| SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 22, 2006--California Water
Service Group (NYSE:CWT) today announced the selection of Martin A.
Kropelnicki as its Vice President, Chief Financial Officer and
Treasurer, effective March 13, 2006. He will succeed John S. Tootle,
who will resume responsibilities as in-house corporate counsel after
filling the position on an interim basis since October 2005.
"Marty has a great deal of expertise and experience, and he is
eminently qualified for t... |
| | | 01/25/06 | Cal Water Announces Increased Revenues and Earnings for 4th Qtr and Year-End 2005; Board Declares 61st Consecutive Annual Dividend| SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 25, 2006--California Water
Service Group (NYSE:CWT) today announced unaudited financial results
for the fourth quarter and the full year 2005. Net income of $5.8
million for the fourth quarter of 2005 was up 56% over the same period
in 2004, and diluted earnings per share of $0.32 were up from $0.20
posted for the fourth quarter of 2004.
Revenue for the quarter increased $8.5 million or 12% to $77.8
million. Adding to revenue was $3.3 millio... |
| | | 12/06/05 | Cal Water President & CEO to Speak at NYSSA Water Conference| SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 6, 2005--Peter C. Nelson,
president & CEO of California Water Service Group (Cal Water)
(NYSE:CWT), will give a presentation about the company at the New York
Society of Security Analysts (NYSSA) Water Industry Conference on Dec.
8, 2005, at 9:10 a.m. Eastern time at The Harvard Club in New York
City.
Nelson's presentation will be webcast live from Cal Water's web
site at www.calwatergroup.com. Participants can listen to the audio
webcast a... |
| | | 11/29/05 | Cal Water President & CEO to Speak at Profiting in the Water Industry Conference| SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 29, 2005--Peter C. Nelson,
president & CEO of California Water Service Group (Cal Water)
(NYSE:CWT), will give a presentation about the company at The Wall
Street Transcript's Profiting in the Water Industry Conference on
Thursday, Dec. 1, 2005, at 8:50 a.m. Pacific time at the San Francisco
Airport Marriott in San Francisco.
Nelson's presentation will be webcast live from Cal Water's web
site at www.calwatergroup.com. Participants can liste... |
| | | 10/26/05 | Cal Water Announces Third Quarter 2005 Results; Board Declares 244th Consecutive Quarterly Dividend| SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 26, 2005--California Water
Service Group (NYSE:CWT) today announced net income of $13.1 million
and diluted earnings of $0.71 per share for the third quarter of 2005,
compared to net income of $10.8 million and diluted earnings of $0.59
per share in the third quarter of 2004.
Revenue for the third quarter increased 4%, or $4.0 million, to
$101.1 million. Rate increases added $4.4 million to revenue, while
sales to new customers added $1.2 mi... |
| | | 09/28/05 | John S. Tootle Named Acting Chief Financial Officer; Richard D. Nye Placed on Administrative Leave| SAN JOSE, Calif., Sep 28, 2005 (BUSINESS WIRE) -- The California Water Service Group (NYSE:CWT) Board of
Directors today named John S. Tootle as Acting Vice President, Chief
Financial Officer and Treasurer and placed Richard D. Nye on
administrative leave following civil litigation filed against Nye by
the U.S. Securities and Exchange Commission (SEC); the SEC's
allegations against Nye relate solely to his prior positions at
another company and have no relationship to California Water Serv... |
| | | 09/14/05 | New Mexico Water Service Company Completes Acquisition, Grows Customer Base by 6%| SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 14, 2005--New Mexico
Water Service Company, a subsidiary of California Water Service Group
(NYSE:CWT), today announced that it has completed the acquisition of
the assets of the Cypress Gardens water system, which serves 350 homes
in Valencia County, New Mexico.
Contiguous to New Mexico Water Service Company's existing service
area, the Cypress Gardens water system includes 350 service
connections and related piping, a well, and a 250,000 gal... |
| | | 07/27/05 | Cal Water Announces Second Quarter 2005 Results; Board Declares 243rd Consecutive Quarterly Dividend and Appoints New Vice President, Engineering & Water Quality| SAN JOSE, Calif., Jul 27, 2005 (BUSINESS WIRE) -- California Water Service Group (NYSE:CWT) today
announced net income of $7.6 million and earnings of $0.41 per share
for the second quarter of 2005, compared to net income of $10.1
million and earnings of $0.59 per share in the second quarter of 2004.
Revenue for the second quarter decreased $7.4 million, or 8%, to
$81.5 million. Rate increases added $2.5 million to revenue and sales
to new customers added $0.9 million. These increases ... |
| | | 06/28/05 | California Water Service Group Announces CPUC's Proposed Decision on 2004 General Rate Case Applications| SAN JOSE, Calif.--(BUSINESS WIRE)--June 28, 2005--California Water
Service Group (NYSE:CWT) today announced that it has received a
proposed decision from the California Public Utilities Commission
(CPUC) on its 2004 General Rate Case applications for its largest
subsidiary, California Water Service Company (Cal Water); the proposed
decision, which reflects a settlement agreement made between CPUC
staff and the company, authorizes rate increases that will add $7.6
million to annual revenue... |
| | | 05/31/05 | Cal Water President & CEO to Speak at Investing in the Water Industry Conference| Peter C. Nelson, president & CEO of California Water
Service Group (Cal Water) (NYSE:CWT), will give a presentation on the
state of the Company at The Wall Street Transcript's Investing in
the Water Industry Conference on Tuesday, June 7, 2005, at 9:10 a.m.
EST at The Harvard Club in New York City.
Nelson's presentation will be webcast live from Cal Water's web
site at www.calwatergroup.com. Participants can listen to the audio
webcast and view presentation slides by clicking on the e... |
| | | 05/04/05 | California Water Service Group CFO Richard Nye to Present at Philadelphia Securities Association| SAN JOSE, Calif.--(BUSINESS WIRE)--May 4, 2005--California Water
Service Group (NYSE: CWT) Chief Financial Officer and Treasurer
Richard Nye will give a presentation on the Company to the
Philadelphia Securities Association on Wednesday, May 11. The
presentation will be held at the Union League Club in Philadelphia at
12:30 p.m. Eastern Time (9:30 a.m. Pacific Time).
This call is being webcast live by Thomson/CCBN and can be
accessed at California Water Service Group's web site at
... |
| | | 04/27/05 | California Water Service Company Completes Purchase of Los Trancos Water System| SAN JOSE, Calif.--(BUSINESS WIRE)--April 27, 2005--California
Water Service Company (Cal Water) (NYSE:CWT) announced today the
completion of its purchase of the assets of the Los Trancos County
Water District, which serves 270 homes in the areas of Portola Valley
and unincorporated San Mateo County.
"We're looking forward to providing our new customers with
excellent customer service. The Los Trancos water system is in very
good condition and it will fit well with our existing opera... |
| | | 04/27/05 | Cal Water Announces First Quarter 2005 Results; Board Declares 242nd Consecutive Quarterly Dividend| SAN JOSE, Calif., Apr 27, 2005 (BUSINESS WIRE) -- California Water Service Group (NYSE:CWT) today
announced net income of $0.7 million and earnings of $0.03 per share
for the first quarter of 2005, compared to net income of $1.4 million
or $0.08 per share in the first quarter of 2004.
Revenue was basically flat for the quarter at $60.3 million. Rate
increases added $2.0 million to revenue and sales to new customers
added $0.8 million, but higher than average precipitation resulted in
... |
| | | 04/13/05 | California Water Service Group to Hold First Quarter Earnings Results Analyst Teleconference| SAN JOSE, Calif.--(BUSINESS WIRE)--April 13, 2005--California
Water Service Group (NYSE:CWT) will hold its first quarter earnings
analyst teleconference to discuss first quarter 2005 results on
Thursday, April 28, 2005, at 4 p.m. Eastern Time (1 p.m. Pacific
Time).
This call is being webcast by Thomson/CCBN and can be accessed at
California Water Service Group's web site at www.calwatergroup.com.
Participants can also call toll- free (866) 814-8483 and enter ID No.
679647.
T... |
| | | 01/26/05 | California Water Service Group Announces 4th Quarter 2004 Results and Total Year 2004 Results; Board Declares 60th Consecutive Annual Dividend| SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 26, 2005--California Water
Service Group (NYSE: CWT) today announced diluted earnings per share
of $0.20 for the 4th quarter of 2004 compared to $0.41 for the same
period last year. Fourth quarter 2004 net income was $3.7 million,
compared to $7.0 million in the fourth quarter of 2003. Primary
factors contributing to the decrease were lower gains from property
sales, weather and additional shares outstanding.
Revenue for the quarter decreased ... |
| | | 11/30/04 | Cal Water President & CEO to Speak at NYSSA Water Conference| SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 30, 2004--Peter C. Nelson,
president & CEO of California Water Service Group (Cal Water)
(NYSE:CWT), will give a presentation on the state of the Company at
the New York Society of Security Analysts (NYSSA) Water Industry
Conference on Dec. 2, 2004, at 9:10 a.m. EST at The Harvard Club in
New York City.
Nelson's presentation will be webcast live from Cal Water's web
site at www.calwatergroup.com. Participants can listen to the audio
webcast a... |
| | | 10/28/04 | Selma City Council Votes Unanimously to Discontinue Efforts to Acquire Cal Water's System| SELMA, Calif.--(BUSINESS WIRE)--Oct. 28, 2004--At a public hearing
on Oct. 18, 2004, the Selma City Council voted unanimously not to
continue its efforts to acquire California Water Service Company's
(Cal Water) (NYSE:CWT) Selma water system.
Hundreds of Cal Water customers signed petitions, completed
response cards, made telephone calls, and attended the meeting to
express opposition to a municipal takeover of the water system. After
hearing much opposition to the proposed takeover... |
| | | 10/27/04 | Cal Water Announces Third Quarter 2004 Results; Board Declares 240th Consecutive Quarterly Dividend| SAN JOSE, Calif., Oct 27, 2004 (BUSINESS WIRE) -- California Water
Service Group (NYSE:CWT) today announced net income of $10.8 million
and earnings of $0.59 per share for the third quarter of 2004,
compared to net income of $8.6 million and earnings of $0.53 per share
in the third quarter of 2003.
Revenue for the third quarter increased $8.9 million, or 10%, to
$97.1 million. Rate increases added $9.9 million to revenue, while
sales to new customers added $1.3 million. Partially offs... |
| | | 07/28/04 | Cal Water Announces Second Quarter 2004 Results; Board Declares 239th Consecutive Quarterly Dividend| SAN JOSE, Calif., Jul 28, 2004 (BUSINESS WIRE) -- In BW6032 issued
July 28, 2004: Adding after the table "Condensed Consolidated
Statement of Income (for the three months ended June 30, 2004 & 2003)"
the table "Condensed Consolidated Statement of Income (for the six
months ended June 30, 2004 & 2003)"
The corrected release reads:
CAL WATER ANNOUNCES SECOND QUARTER 2004 RESULTS; BOARD DECLARES
239TH CONSECUTIVE QUARTERLY DIVIDEND
-->
California Water Service Group (NYSE: CW... |
| | | 06/23/04 | Cal Water Announces 1.25 Million Common Share Public Offering| SAN JOSE, Calif.--(BUSINESS WIRE)--June 23, 2004--California Water
Service Group (Cal Water) (NYSE:CWT) announced today that it has
entered into an underwriting agreement for the sale of 1.25 million
shares of common stock at a public offering price of $27.25 per share,
yielding estimated net proceeds to the company of approximately $32.6
million. The number of shares may be increased by 15% if the
underwriters exercise their over-allotment option.
The closing of the sale is expecte... |
| | | 05/03/04 | New Mexico Water Service Company Completes Acquisition of National Utility Company| SAN JOSE, Calif., May 3, 2004 (BUSINESS WIRE) -- New Mexico Water
Service Company (New Mexico Water), a wholly-owned subsidiary of
California Water Service Group (NYSE:CWT), announced today that it has
completed its acquisition of National Utility Company (National
Utility), which serves 700 customers adjacent to New Mexico Water's
Middle Rio Grande water system and 950 water customers 150 miles south
of Albuquerque. The acquisition increases New Mexico Water's customer
count by 40%.
... |
| | | 04/28/04 | Cal Water Announces First Quarter 2004 Results; Board Declares 238th Consecutive Quarterly Dividend| SAN JOSE, Calif.--(BUSINESS WIRE)--April 28, 2004--California
Water Service Group (NYSE:CWT) today announced net income of $1.4
million or $0.08 per share for the first quarter of 2004, compared to
a loss of $0.8 million or $0.05 per share in the first quarter of
2003.
Revenue for the first quarter increased $8.9 million or 17% to
$60.2 million. Rate increases added $7.0 million to revenue and sales
to new customers added $1.6 million. Sales to existing customers were
slightly high... |
| | | 03/02/04 | Moody's Announces Decision to Lower Cal Water Credit Rating from A1 to A2 with Stable Outlook| SAN JOSE, Calif.--(BUSINESS WIRE)--March 2, 2004--California Water
Service Group (NYSE:CWT) today announced that Moody's Investors
Service (Moody's) has lowered the credit rating on the senior secured
debt of its largest subsidiary, California Water Service Company (Cal
Water), from A1 to A2 with a stable outlook.
According to a news release issued by Moody's, the decision was
based upon delays by the California Public Utilities Commission
(Commission) in granting rate relief to cov... |
| | | 01/28/04 | Cal Water Announces Increased Revenues and Earnings for 4th Qtr 2003; Board Increases Dividend to $.2825| SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 28, 2004--California Water
Service Group (NYSE:CWT) today announced fourth quarter 2003 net
income of $7.0 million, up 146% over fourth quarter 2002, and diluted
earnings per share of $0.41, an increase of 116% over the same period
last year.
Revenue for the quarter increased $8.7 million or 14% to $69.6
million. Adding to revenue were $6.5 million in rate increases, $1.8
million in sales to new customers, and $0.4 million in increased sales
... |
| | | 12/16/03 | Credit Agencies Announce Review of Cal Water Debt Ratings| SAN JOSE, Calif., Dec 16, 2003 (BUSINESS WIRE) -- California Water
Service Group (NYSE:CWT) today announced that Standard & Poor's (S&P)
has changed its outlook on the company's largest subsidiary,
California Water Service Company (Cal Water), from "stable" to
"negative outlook," and Moody's Investors Services (Moody's) has
placed the company's credit rating on review for possible downgrade,
both citing continuing delays by the California Public Utilities
Commission (Commission) i... |
| | | 10/22/03 | Cal Water Announces 12% Increase in Third Quarter 2003 Net Income; Board Declares 236th Consecutive Quarterly Dividend| SAN JOSE, Calif., Oct 22, 2003 (BUSINESS WIRE) -- California Water
Service Group (NYSE: CWT) today announced third quarter net income of
$8.6 million and earnings of $0.53 per share, compared to net income
of $7.7 million and earnings of $0.50 per share in the third quarter
of 2002.
Revenue for the third quarter increased $6.8 million or 8% to
$88.2 million. Higher water usage by existing customers added $1.5
million, rate increases added $3.2 million, and sales to new customers
adde... |
| | | 09/04/03 | Commission Approves Cal Water's 2001 Rate Cases, Adds $12.8 Million in Revenue| SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 4, 2003--California Water
Service Group (NYSE:CWT) (Company) announced today that the California
Public Utilities Commission (Commission) has approved the Company's
2001 rate cases, granting an 8.9% rate of return for 14 of the
Company's California Districts and approving rate increases that will
add $12.8 million to annual revenues. The Company will begin charging
the new rates on September 9, 2003.
Pursuant to a previous decision to establi... |
| | | 08/21/03 | Commission Postpones Decision on Cal Water's 2001 Rate Cases| SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 21, 2003--California Water
Service Group (NYSE:CWT) (Company) announced today that the California
Public Utilities Commission (Commission) has postponed consideration
of the Company's 2001 rate cases until September 4, 2003. The Company
cannot predict whether the Commission will issue a decision on
September 4, 2003, but when a decision is made, new rates will be
effective as of April 3, 2003.
California Water Service Group is the parent compa... |
| | | 08/04/03 | Cal Water Announces 1.75 Million Public Common Share Offering| SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 4, 2003--California Water
Service Group (Cal Water) (NYSE: CWT) has entered into an underwriting
agreement for the sale of 1.75 million shares of common stock at a
public offering price of $26.25 per share, yielding net proceeds to
the company of approximately $44 million. The number of shares may be
increased by 15% if the underwriters exercise their over allotment
option.
The closing of the sale is planned to be completed on August 7,
2003 ... |
| | | 07/23/03 | Cal Water Announces Second Quarter 2003 Results; Board Declares 235th Consecutive Quarterly Dividend|
New Page 5
SAN JOSE, Calif.--(BUSINESS WIRE)--July 23, 2003--California Water Service
Group (NYSE: CWT - News )
today announced second quarter net income of $4.6 million and earnings of
$0.30 per share, compared to net income of $6.6 million and earnings of $0.43
per share in the second quarter of 2002.
According to President and Chief Executive Officer Peter C. Nelson, the
company's financial performance continues to be hampered by lower wa... |
| | | 06/20/03 | Cal Water Hosts Ribbon Cutting Ceremony to Celebrate Completion of Bakersfield Water Treatment Plant| BAKERSFIELD, Calif.--(BUSINESS WIRE)--June 20, 2003--At a ribbon
cutting ceremony held today, California Water Service Company (Cal
Water)(NYSE:CWT) celebrated the on-time and on-budget completion of
the Bakersfield Water Treatment Plant, the largest capital project in
the company's 77-year-history.
"We wanted to commemorate the completion of this facility and
recognize its significance to our company, our community, and our
customers," said Peter C. Nelson, Cal Water President and ... |
| | | 05/09/03 | Cal Water Receives Authorization to Recover $5.4 Million in Higher Electricity Costs from 2001| SAN JOSE, Calif.--(BUSINESS WIRE)--May 9, 2003--California Water
Service Group (Cal Water) (NYSE:CWT) announced today that it has
received authorization from the California Public Utilities Commission
(Commission) to recover $5.4 million in higher costs, primarily due to
increases in power rates, incurred in eight of its operating districts
prior to November 29, 2001; the $5.4 million will be recovered over
the next 12 to 24 months through surcharges on ratepayer bills.
For two deca... |
| | | 04/30/03 | California Water Service Group Completes Acquisition of Ka'anapali Water Corporation| SAN JOSE, Calif.--(BUSINESS WIRE)--April 30, 2003--California
Water Service Group (NYSE:CWT) announced today that it has completed
its acquisition of the Ka'anapali Water Corporation, which serves
approximately 500 customers on the island of Maui in Hawaii, including
six large resorts and eight condominium complexes.
"We are thrilled to be entering a fourth state. This was a great
opportunity that fit perfectly into our growth strategy, which is to
seek good quality systems in the w... |
| | | 04/23/03 | Cal Water Announces First Quarter 2003 Results; Board Declares 234th Consecutive Quarterly Dividend| SAN JOSE, Calif.--(BUSINESS WIRE)--April 23, 2003--California
Water Service Group (NYSE: CWT) today announced a loss of $768,000, or
($0.05) per share, for the first quarter 2003, compared to net income
of $1.9 million and earnings per share of $0.12 in the first quarter
of 2002.
According to President and Chief Executive Officer Peter C.
Nelson, first quarter 2003 results were impacted by a decline in
customer usage due to weather and continued delays in receiving rate
relief from... |
| | | 04/23/03 | California Water Service Group Elects Two New Directors| SAN JOSE, Calif.--(BUSINESS WIRE)--April 23, 2003--California
Water Service Group (NYSE:CWT) announced today the election of Bonnie
G. Hill, 61, and David N. Kennedy, 66, to its Board of Directors.
"Each of these very distinguished professionals brings a unique
expertise to our Board. Ms. Hill is an expert on corporate governance
issues, and Mr. Kennedy has 44 years of experience in water supply
project planning and engineering. Both are well-rounded, highly
qualified individuals, a... |
| | | 02/26/03 | California Water Service Group Names New Vice President, Chief Financial Officer and Treasurer| SAN JOSE, Calif., Feb 26, 2003 (BUSINESS WIRE) -- The California Water Service
Group (NYSE:CWT) Board of Directors today appointed Richard D. Nye as Vice
President, Chief Financial Officer and Treasurer, effective March 1, 2003. He
will succeed Gerald F. Feeney, who is retiring.
"We are pleased to welcome Dick aboard. He brings a great deal of experience and
expertise to the position, and we believe he will make meaningful contributions
to the continued success of the Company," said Cha... |
| | | 01/29/03 | Cal Water Announces a 27% Increase in Net Income for 2002; Board Increases Dividend to $1.125|
SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 29, 2003--California Water
Service Group (NYSE:CWT) today announced year-end 2002 earnings per
share of $1.25 and net income of $19,073,000, compared to earnings per
share of $0.97 and net income of $14,965,000 in 2001.
For the year, revenue was $263,151,000, a 7% increase over 2001.
Favorable weather resulted in increased water sales to existing
customers, adding $6,887,000 to revenue. Also adding to revenue was
$2,813,000 i... |
| | | 12/18/02 | California Water Service Group to Recover up to $6.4 Million in Higher Electricity Costs From 2001|
SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 18, 2002--California Water
Service Group (NYSE:CWT) (Cal Water) expects to recover up to $6.4
million in higher power costs incurred prior to November 29, 2001, as
a result of a decision issued yesterday by the California Public
Utilities Commission (Commission).
For two decades, water utilities were allowed to recover
significant increases in certain uncontrollable costs, such as the
costs of purchased water and electricit... |
| | | 11/20/02 | California Water Service Group's Chief Financial Officer to Retire|
SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 20, 2002--California Water
Service Group's (NYSE:CWT) Vice President and Chief Financial Officer
Gerald F. Feeney will retire on February 1, 2003, after nearly 27
years of service, the Company announced today.
"Gerry is not only a dedicated and talented CFO, he is also a
close friend. We appreciate the many significant contributions he has
made to Cal Water. I know I speak for everyone at the Company when I
wish Gerry much ha... |
| | | 11/18/02 | California Water Service Company's Debt Rating Lowered by Moody's|
SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 18, 2002--Moody's
Investors Service announced today that it has lowered California Water
Service Company's debt rating from Aa3 to A1, citing continued delays
by the California Public Utilities Commission (Commission) in granting
rate relief and ongoing capital spending requirements as its primary
reasons for the decision. California Water Service Company (Cal Water)
is the largest subsidiary of California Water Service Group
(NYSE:CWT... |
| | | 11/06/02 | Cal Water Announces Standard and Poor's Decision to Lower Credit Rating|
SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 6, 2002--Standard and
Poor's today announced its decision to lower its corporate credit
rating on California Water Service Company (Cal Water) to single-`A'
plus (A+) from double-`A'-minus (AA-), classifying Cal Water's outlook
as "stable." California Water Service Company (Cal Water) is the
largest subsidiary of California Water Service Group (NYSE:CWT).
In its news release, Standard and Poor's stated that the change
"has ... |
| | | 11/06/02 | Washington Water Acquires Assets of Agotaras and Cascade Highlands North Water Systems|
GIG HARBOR, Wash.--(BUSINESS WIRE)--Nov. 6, 2002--Washington Water
Service Company (Washington Water) announced today that it has
completed its acquisition of the assets of the Agotaras and Cascade
Highlands North water systems, both located in Pierce County,
Washington.
The Agotaras system serves 46 customers near Washington Water's
Gig Harbor operations; the Cascade Highlands North system serves 23
active accounts and has the capacity to add 23 more accounts.
... |
| | | 10/23/02 | Cal Water Announces 30% Increase in 3rd Quarter Earnings; Declares Dividend| SAN JOSE, Calif., Oct 23, 2002 (BUSINESS WIRE) -- California Water Service
Group (NYSE:CWT) today announced third quarter 2002 earnings of $0.50 per share
on net income of $7,675,000 compared to earnings of $0.39 per share on net
income of $5,920,000 in the third quarter of 2001.
For the twelve months ended September 30, 2002, earnings per share were $1.26
versus $1.00 for the twelve months ended September 30, 2001.
Revenue for the quarter increased 7% to $81,440,000, which is $5,130... |
| | | 10/07/02 | Cal Water Completes Tax-Free Exchange of Surplus Properties| SAN JOSE, Calif., Oct 7, 2002 (BUSINESS WIRE) -- California Water Service Group
(Cal Water) announced that it has completed the tax-free exchange of certain
surplus properties for the company's new Customer and Operations Center in
Torrance.
Cal Water occupied the new Customer and Operations Center in January 2002,
consolidating four of its southern California operating districts at a single
location. Because the transaction was structured as a property exchange,
acquiring the new faci... |
| | | 10/04/02 | Cal Water Applauds Passage of AB 2838, Bill Intended to Provide Timely Rate Relief for Regulated Water Utilities| SAN JOSE, Calif., Oct 4, 2002 (BUSINESS WIRE) -- California Water Service Group
(NYSE:CWT) joins the California Water Association and other private water
utilities in applauding the passage of Assembly Bill 2838, which was signed into
law by Governor Gray Davis earlier this week.
AB 2838, authored by Assemblyman Joe Canciamilla, protects the ability of
regulated water utilities to provide a reliable supply of high quality water by
providing interim rate relief, subject to refund, if the... |
| | | 10/03/02 | Moody's Announces Review of California Water Service Company's Debt Rating| SAN JOSE, Calif., Oct 3, 2002 (BUSINESS WIRE) -- Moody's Investors Service
today announced its decision to place California Water Service Company's debt
rating on review for possible downgrade as a result of delayed rate relief from
the California Public Utilities Commission and ongoing capital spending
requirements. California Water Service Company (Cal Water) is the largest
subsidiary of California Water Service Group (NYSE:CWT).
Cal Water currently has a Moody's debt rating of Aa3, t... |
| | | 10/01/02 | Cal Water to Refinance First Mortgage Bonds for a Savings of More Than $1 Million| SAN JOSE, Calif., Oct 1, 2002 (BUSINESS WIRE) -- California Water Service Group
(NYSE:CWT) today announced a program to refinance a portion of its outstanding
first mortgage bonds, which allows the Company to take advantage of the current
lower interest rates. It is estimated that the total program, which will be
completed in two phases, will save the Company in excess of $1.4 million in
annual interest costs.
In the first phase of the program, the Company agreed to refinance $35 millio... |
| | | 08/02/02 | California Water Service Group Signs Agreement to Purchase Kaanapali Water Corporation| SAN JOSE, Calif., Aug 2, 2002 (BUSINESS WIRE) -- California Water Service Group
(NYSE:CWT) announced today that it has signed an agreement to purchase the
Kaanapali Water Corporation for $7.7 million in cash from AquaSource Utilities,
Inc. Kaanapali Water Corporation provides water utility services to
approximately 500 customers in Maui, Hawaii, including 10 resorts and eight
condominium projects. It posted 2001 revenues of $3.3 million, and has net plant
of approximately $7.3 million and ... |
| | | 07/24/02 | Cal Water Announces Improved Quarterly Results; Declares Dividend|
SAN JOSE, Calif.--(BUSINESS WIRE)--July 24, 2002--California Water
Service Group (NYSE:CWT) today announced second quarter 2002 earnings
of $0.43 per share on net income of $6,618,000 compared to earnings of
$0.38 per share on net income of $5,764,000 in the second quarter of
2001. As explained below, this year's second quarter earnings includes
$0.08 from surplus property sales. Last year's second quarter included
$0.05 from a property sale.
For the twelve months ... |
| | | 07/01/02 | New Mexico Water Service Company Completes Acquisition of Rio Grande Utility Corporation| SAN JOSE, Calif., Jul 1, 2002 (BUSINESS WIRE) -- New Mexico Water Service
Company, a wholly-owned subsidiary of California Water Service Group (NYSE:CWT),
announced today that it has completed its acquisition of the water and
wastewater assets of the Rio Grande Utility Corporation (Rio Grande), which
serves 2,265 water and 1,600 sewer customers in unincorporated areas of Valencia
County, New Mexico, located 30 miles south of Albuquerque.
"We are very pleased to complete the transaction ... |
| | | 06/25/02 | New Mexico Water Service Company Signs Agreement to Purchase National Utilities Corporation| SAN JOSE, Calif., Jun 25, 2002 (BUSINESS WIRE) -- New Mexico Water Service
Company, a wholly-owned subsidiary of California Water Service Group (NYSE:CWT),
has signed an agreement to purchase the National Utilities Corporation for
slightly more than rate base, the company announced today.
National Utilities Corporation serves 700 water customers located adjacent to
the Rio Grande water system, which New Mexico Water Service Company expects to
acquire on July 1, 2002, and 900 water custo... |
| | | 06/12/02 | New Mexico Regulation Commission Unanimously Approves California Water Service Group Purchase of Rio Grande Utility Corporation| SAN JOSE, Calif., Jun 12, 2002 (BUSINESS WIRE) -- The New Mexico Public
Regulation Commission voted unanimously yesterday to approve California Water
Service Group's (NYSE:CWT) acquisition of the water and wastewater assets of the
Rio Grande Utility Corporation (Rio Grande), which serves 2,265 water and 1,600
sewer customers in unincorporated areas of Valencia County, New Mexico, located
30 miles south of Albuquerque.
Robert J. Davey, who is currently responsible for the overall managem... |
| | | 04/24/02 | Cal Water Announces Improved Quarterly Results; Declares Dividend| SAN JOSE, Calif., Apr 24, 2002 (BUSINESS WIRE) -- California Water Service
Group (NYSE:CWT) today announced first quarter 2002 earnings of $0.12 per share
on net income of $1,928,000, compared to earnings of $0.01 per share on net
income of $221,000 in the first quarter of 2001. For the twelve months ended
March 31, 2002, earnings per share were $1.08 versus $1.21 for the twelve months
ended March 31, 2001.
"We are very encouraged by the improved first quarter results and the prospects
... |
| | | 02/01/02 | Robert K. Jaedicke Resigns From California Water Service Group Board of Directors| SAN JOSE, Calif., Feb 1, 2002 (BUSINESS WIRE) -- California Water Service Group
(NYSE:CWT) announced today that Robert K. Jaedicke, 72, has resigned from its
Board of Directors, effective January 30, 2002, after serving with distinction
since 1974.
"I have enjoyed my relationship with California Water Service Group, and I will
miss my colleagues," Jaedicke said.
"We appreciate the expertise Dr. Jaedicke has brought to our Board. He has been
a valuable Director, and we will miss him,... |
| | | 01/30/02 | Cal Water Announces Fourth Quarter and 2001 Results and Dividend Increase|
SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 30, 2002--California Water
Service Group (NYSE:CWT) today announced year-end 2001 earnings per
share of $0.97 compared to $1.31 in 2000, and net income of
$14,965,000 compared to $19,963,000 in 2000.
Fourth quarter net income was $3,060,000 or $0.20 per share
compared to $3,472,000 or $0.23 last year.
For the year, revenue was $246,820,000, a 1 percent increase. A
cool, wet spring, mild summer and early fall rains produced ... |
| | | 01/02/02 | Washington Water Acquires Assets of Raft Island Water System; Transaction Marks Washington Water's Seventh Purchase in 2001|
GIG HARBOR, Wash.--(BUSINESS WIRE)--Jan. 2, 2002--
Brings Regulated Customer Growth for the Year to 5.5%
Washington Water Service Company (Washington Water) completed its
acquisition of the assets of the Raft Island water system on December
31, 2001, after receiving the Washington Utilities and Transportation
Commission's approval of the purchase on December 28, 2001, the
company announced today. Customer rates will not be affected.
The Raft Island... |
| | | 10/24/01 | Cal Water Announces Third-Quarter 2001 Results|
SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 24, 2001--California Water
Service Group (NYSE:CWT) today announced third-quarter 2001 net income
of $5,920,000, or $0.39 per share on a fully diluted basis, compared
to $9,205,000, or $0.60 per share on a fully diluted basis, in the
same quarter last year. For the 12 months ended Sept. 30, 2001,
diluted earnings per share were $1.00 vs. $1.36 last year.
Revenue for the quarter was $76,310,000, which was $270,000 lower
than the third... |
| | | 10/18/01 | Cal Water Selected to Negotiate Lease Agreement for City of Commerce Water System| SAN JOSE, Calif., Oct 18, 2001 (BUSINESS WIRE) -- The Commerce City Council
voted unanimously at its meeting on Oct. 16, 2001, to negotiate a 15-year lease
agreement for its water system with California Water Service Group (NYSE:CWT)
subsidiary CWS Utility Services, the company announced today.
California Water Service Group subsidiary California Water Service Co. has
operated and maintained the Commerce water system, which includes 1,085 metered
connections, for the past 16 years.
... |
| | | 10/17/01 | Cal Water Wins Stockton Billing Contract; Deal Expected to Save City $750,000|
SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 17, 2001--The Stockton
City Council voted unanimously (7 to 0) last night to contract out
part of its utility billing services to California Water Service Group
(NYSE:CWT) subsidiary CWS Utility Services, the company announced
today.
According to California Water Service Group Chairman Robert W.
Foy, a longtime Stockton resident and businessman, the contract will
result in significant savings for the citizens of Stockton.
... |
| | | 10/05/01 | Cal Water Files for Rate Increases in 16 Districts| SAN JOSE, Calif., Oct 5, 2001 (BUSINESS WIRE) -- California Water Service Group
(NYSE:CWT) today announced that the California Public Utilities Commission (CPUC
or commission) has accepted the company's general rate case applications (GRC)
requesting rate increases in 16 of its 25 California districts.
The additional revenue requested is about $19 million annually.
"The applications were submitted to the commission on September 10. However, in
a departure from previous policy, the CP... |
| | | 07/25/01 | Cal Water Announces Second Quarter 2001 Results|
SAN JOSE, Calif.--(BUSINESS WIRE)--July 25, 2001--California Water
Service Group (NYSE:CWT) today announced second quarter 2001 net
income of $5,764,000 or $0.37 per share on a diluted basis compared to
$5,753,000 or $0.38 per share on a diluted basis in the same quarter
last year. This year's quarter includes a $0.04 gain from a real
property sale; there was no corresponding sale last year. For the
twelve months ended June 30, 2001, diluted earnings per share were
$1.21 versus $1.3... |
| | | 04/18/01 | California Water Service Group Elects New Director|
SAN JOSE, Calif.--(BUSINESS WIRE)--April 18, 2001--Stockholders of
California Water Service Group (NYSE:CWT), the largest investor-owned
water utility west of the Mississippi, elected Douglas M. Brown to the
company's board of directors on April 18, 2001.
President and CEO of Tuition Plan Consortium and Chairman of
Talbot Financial Services, both based in Albuquerque, N.M., Brown
brings 40 years of experience in finance and banking to the position.
Tuition Plan i... |
| | | 04/18/01 | Cal Water Announces First-Quarter 2001 Results|
SAN JOSE, Calif.--(BUSINESS WIRE)--April 18, 2001--California
Water Service Group (NYSE:CWT) today announced first quarter 2001 net
income of $221,000, or 1 cent per share, compared with $1,533,000, or
10 cents per share last year.
For the 12 months ended March 31, 2001, earnings per share were
$1.21 vs. $1.36 last year.
Revenue increased less than 1 percent to $47,008,000. Cooler
weather and heavy rains, especially in the Southern California area,
had a negativ... |
| | | 03/21/01 | California Water Service Group Announces Appointment of Dan Stockton as Vice President, Chief Information Officer|
SAN JOSE, Calif.--(BUSINESS WIRE)--March 21, 2001--The California
Water Service Group (NYSE:CWT) board of directors today elected
29-year water industry veteran Dan Stockton as vice president, chief
information officer, effective April 1, 2001.
"Dan comes to us with a wide range of accomplishments, bringing
significant expertise in the areas of regulatory relations, marketing,
finance, operations, and most importantly, information systems. This
background, coupled with his... |
| | | 03/01/01 | California Water Service Group Offers Webcast of Edward Jones Utility Investors Conference|
SAN JOSE, Calif.--(BUSINESS WIRE)--March 1, 2001--California Water
Service Group (NYSE:CWT) President and CEO Peter C. Nelson will be
featured at the Edward Jones Utility Investors Conference in Phoenix
on March 3, 2001.
A Webcast of the conference will be available to all interested
parties through a link on the company's Web site, located at
www.calwater.com.
The largest investor-owned water utility west of the Mississippi
River, California Water Service Group... |
| | | 02/16/01 | Washington Water Announces Latest Acquisitions; Company Establishes Presence Into Two New Counties|
GIG HARBOR, Wash.--(BUSINESS WIRE)--Feb. 16, 2001--Washington
Water Service Co. (Washington Water) announced that it received
authorization from the Washington Utilities and Transportation
Commission (WUTC) Wednesday to acquire the assets of Atlas Development
Corp.
Atlas owns the Lee, Rondelay and Sunshine Acres Water Systems
(Sunshine Acres), with 350 metered connections in and near Sequim,
Wash.
Washington Water has been operating these systems under contract
... |
| | | 01/26/01 | Cal Water Completes Purchase of Nish Water Systems; Customer Rates Unchanged|
SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 26, 2001--California Water
Service Co. (Cal Water) today announced that it has completed its
acquisition of the Buhl, EPTCO, Nish, and Tulco Water Systems, which
together serve 1,100 customer connections in Tulare County, Calif.,
primarily in the city of Visalia.
The California Public Utilities Commission approved the
application for the asset purchase on Jan. 18, 2001, which it received
in March of 2000. Rates will not change as a r... |
| | | 01/24/01 | Cal Water Announces 2000 Operating Results; Dividend Increased for 2001|
SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 24, 2001--California Water
Service Group (NYSE:CWT) today reported year-end 2000 earnings per
share of $1.31, compared to the $1.44 reported last year, and net
income of $19,963,000, compared to $21,971,000 in 1999.
For the fourth quarter, earnings were $0.23 per share, compared to
$0.28 per share for the previous year. Net income was $3,472,000
compared to $4,308,000 in 1999, and revenue was $55,566,000 vs.
$57,797,000 last year.
... |
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