Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Mueller Slumps as Orders Decline Before Water Law Takes Effect

Nov. 26 (Bloomberg) -- Mueller Water Products Inc., a maker of hydrants, meters and pipe fittings, fell the most in five months as orders slipped before new regulations take effect next month.

Mueller Water declined 4.9 percent to $8.42 at the close in New York, the most since June 5. The Atlanta-based company has gained 50 percent this year, outperforming the 19 percent increase in the S&P Global Water Index.

Mueller Water is “engaged” in talks with the U.S. Environmental Protection Agency about the Reduction of Lead in Drinking Water Act, according to a filing today. The law takes effect Jan. 4.

“Although we currently produce and ship fire hydrants that are compliant with the act and EPA’s guidance, some of our distributors and end users are delaying orders of fire hydrants until further clarity regarding the issue can be obtained,” according to the filing.

The company doesn’t anticipate any effect on its results for fiscal 2014, which ends in September.

To contact the reporter on this story: Rachel Layne in Boston at

To contact the editors responsible for this story: Joanna Ossinger at; Randall Hackley at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.