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  • Aug 18- Puerto Rico may attract high-yield municipal closed-end funds to its first sale in public markets since its governor said in June that the island's debt was unpayable, Fitch Ratings said on Tuesday ahead of the $750 million sale of water authority bonds. A return of municipal closed-end fund managers to Puerto Rico would be a source of liquidity for the...

  • Aug 17- Puerto Rico is to conclude its presentation to investors regarding an upcoming sale of revenue bonds from its water authority PRASA later on Monday, the governor's chief of staff Victor Suarez told reporters. PRASA last week filed to sell $750 million in revenue bonds to fund various system improvements and refinance loans, according to an offering...

  • Aug 17- Puerto Rico's planned $750 million bond sale by its water authority, expected to hit the market this week, was rated' CC' and put on rating watch negative by Fitch Ratings Monday. The bond sale for the Puerto Rico Aqueduct& Sewer Authority, the biggest scheduled for this week, follows a failure by Puerto Rico to make a full payment due on bonds sold by its Public...

  • Aug 17- Puerto Rico is to conclude its presentation to investors regarding an upcoming sale of revenue bonds from its water authority PRASA later on Monday, the governor's chief of staff Victor Suarez told reporters. The governor's chief of staff Victor Suarez also said officials will meet on Monday to talk about the government's liquidity options and will...

  • The preliminary offering statement from the Puerto Rico Aqueduct and Sewer Authority, or PRASA, dated Aug. 10, came just days after Puerto Rico failed to make a full payment due on bonds sold by its Public Finance Corp. The partial payment is considered a default by its creditors and ratings agencies, the first ever by the U.S. territory. "It hurt them, and they're...

  • Another problem Puerto Rico doesn't need Monday, 3 Aug 2015 | 11:11 AM ET
    A power station of Puerto Rico Electric Power Authority, in San Juan.

    Puerto Rico, already hobbled by debt, is weighed down by outdated infrastructure that has increased the cost of doing business on the island.

  • Winners and losers of California severe drought Friday, 31 Jul 2015 | 2:27 PM ET
    A gardener waters plants and foliage in front of an apartment complex in Monterey Park, California

    While California's four-year-long drought has been a boon to some industries, its been a bust for others.

  • Olympic water dangers in Rio Thursday, 30 Jul 2015 | 2:57 PM ET
    Olympic water dangers in Rio

    University of Texas Houston Kristina Mena, provides insight to a new investigation showing water quality at the Rio Olympics is contaminated.

  • California drought: Investment opportunity? Friday, 24 Jul 2015 | 5:30 AM ET
    California drought: Investment opportunity?

    Beijia Ma, thematic investment strategist at Bank of America Merrill Lynch, explains what investors can do to make money from California's water crisis.

  • Stocks swimming in California drought profits Tuesday, 21 Jul 2015 | 10:25 AM ET
    Sprinklers water a field of grass at a sod farm in Lodi, California.

    California may be thirsting for more drops of water, but water utilities in the state—and elsewhere—are doing great.

  • July 16- A San Francisco judge ordered the Metropolitan Water District of Southern California to pay the San Diego County Water Authority $188.3 million plus interest for charging illegal water rates between 2011 and 2014.. "San Diego has proven by a preponderance of the evidence that it was in fact damaged by paying conveyance rates that were higher than Met...

  • MILLSTEIN: PUERTO RICO WATER AUTHORITY PRASA EXPECTED TO MEET DEBT COMMITMENTS WITHOUT MODIFICATION.

  • Shame your neighbors for water usage Wednesday, 1 Jul 2015 | 1:57 PM ET
    Shame your neighbors for water usage

    CNBC's Jane Wells reports on a new software which tells you how much water you're using compared to your neighbors.

  • Confusion & lawsuits over Cali. water restrictions Friday, 26 Jun 2015 | 2:23 PM ET
    Confusion & lawsuits over Cali. water restrictions

    CNBC's Jane Wells reports some California residents are suing the state after water restrictions.

  • Golden State water wars come to a boil Friday, 26 Jun 2015 | 8:44 AM ET
    Golden State water wars come to a boil

    A major battle is brewing in drought-stricken California, after nearly 70 percent of those ordered to curtail usage have not complied, reports CNBC's Jane Wells.

  • $150 million California drought investment Wednesday, 24 Jun 2015 | 10:21 AM ET
    $150 million California drought investment

    Former Iowa Gov. and U.S. Agriculture Secretary Tom Vilsack, (D), discusses efforts to preserve water resources in California.

  • NEW YORK, June 5- The record California drought, now in its fourth year, is prompting fund managers to dive into the shares of water technology companies. Fund managers from T. Rowe Price, Janus, and Mairs& Power are among those that have increased their stakes in firms such as Ecolab Inc, Roper Technologies Inc and Flowserve Corp that make smart meters, efficient...

  • EPA releases fracking study Thursday, 4 Jun 2015 | 12:11 PM ET
    EPA releases fracking study

    The EPA is releasing information on the impact of fracking on ground water, with CNBC's Eamon Javers.

  • Less water, higher rates Monday, 1 Jun 2015 | 1:34 PM ET
    Less water, higher rates

    Lake Tahoe is full of water, but officials say it won't last because of the drought; and insight to water distribution costs, with CNBC's Jane Wells.

  • The town with America's cheapest water Friday, 29 May 2015 | 11:46 AM ET
    This reservoir, owned by South Feather Water & Power, in California is the cheapest water in the country.

    Despite extreme drought conditions causing restrictions in California, water itself isn't so expensive in the Golden State.