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CNBC Utilities Page Companies

  • MEXICO CITY, April 27- Shares in Mexican broadcaster Grupo Televisa slid more than 7 percent on Thursday before paring losses after it reported a drop in first-quarter advertising sales, dragging on Mexico's stock index. Televisa's shares were down more than 5 percent in mid-morning trading, and Mexico's IPC stock index had slipped 0.20 percent.

  • The airline's shares fell as much as 4.3 percent to $54.52 in morning trading on Thursday. However, the Dallas, Texas- based carrier expects unit revenue in the current quarter to rise 1-2 percent. "Unit revenue trend for Q2 is improving but it is slightly worse than elevated investor expectations, which have increased in recent weeks," Cowen& Co analyst Helane...

  • MEXICO CITY, April 27- Shares in Mexican broadcaster Televisa dropped more than 4 percent on Thursday after it posted its first-quarter results that showed weak sales despite a 125- percent year-on-year rise in net profit. Grupo Financiero Banorte changed its outlook for the stock to hold from buy on Thursday. The company said on a conference call that the...

  • Shares of the Saskatoon, Saskatchewan- based fertilizer producer rose 1.6 percent in early New York trading, touching a three-week high. Potash said it expected full-year earnings of 45 cents to 65 cents per share, up from its prior forecast of 35 cents to 55 cents. Bernstein analyst Jonas Oxgaard said earnings benefited from a lower tax rate as well as stronger...

  • SHARES IN MEXICAN BROADCASTER TELEVISA FALL MORE THAN 4 PCT.

  • April 27- Sportswear maker Under Armour Inc posted a smaller-than-expected quarterly loss as operating income from its Asia Pacific business rose 13.2 percent, making the region the company's biggest profit generator in the latest quarter. Under Armour's operating income from North America slumped nearly 91 percent, while income from EMEA fell 44 percent,...

  • *Q1 net income 575 million euros, up 143 percent. Shares in Germany's biggest bank were 3 percent lower in early trade compared with a flat German blue-chip index, with analysts pointing to the 9 percent revenue fall, putting pressure on chief executive John Cryan to deliver on his pledge last month to focus on growth. "We believe the core bank is still massively...

  • LONDON, April 27- European shares retreated from 20- month highs on Thursday with financials and commodity-related stocks the main drag on the benchmark index. France's CAC 40 also fell 0.5 percent, just off Wednesday's nine-year high. Of the 20 percent of companies having reported so far, 70 percent had beaten estimates while 19 percent had missed, Thomson...

  • *Q1 operating profit $8.8 bln, highest since Q3 2013. SEOUL, April 27- Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high. "The cancellation of the entire existing shares held by the company...

  • *Q1 operating profit $8.8 bln, highest since Q3 2013. SEOUL, April 27- Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high. "The cancellation of the entire existing shares held by the company...

  • April 26- Weight Watchers International Inc said Mindy Grossman, current chief executive of HSN Inc, will join the diet company as CEO in July, sending the company's shares up nearly 13 percent in aftermarket trading on Wednesday. Grossman was named Fortune's Business Person of the Year in 2014 and has been named one of the world's 100 most powerful women three...

  • April 26- Shares of Twitter Inc jumped on Wednesday after the microblogging service reported better-than-expected user growth in the first quarter, although its revenue fell for the first time. The surprising acceleration, which Twitter attributed to new features and heightened user interest in political news, followed several quarters of stalled user...

  • NEW YORK, April 26- Boeing Co on Wednesday reported a 19 percent rise in first-quarter profit and lifted its full-year profit forecast, as lower taxes offset declining revenue and lower-than-expected margins in its commercial airplane unit. But its decision to increase its full-year profit forecast by 10 cents reflected a lower tax rate, which tempered...

  • The company's after-tax cash flow increases by $70 million for every $1 per barrel increase in oil prices, he said. Shares of the New York- based company rose 4.4 percent to $50.78 in morning trading. Excluding output from Libya, Hess produced 307,000 barrels of oil equivalent per day in the first quarter ended March 31, lower than 350,000 boepd a year ago.

  • *Tim Hortons, Burger King comp sales dip 0.1 pct. April 26- Restaurant Brands International Inc, reported an unexpected drop in quarterly comparable-store sales at both coffee and doughnut chain Tim Hortons and fast-food chain Burger King, sending the company's shares down nearly 8 percent. Restaurant Brands bought Popeyes Louisiana Kitchen for $1.8 billion...

  • *Q1 adj. profit of $0.94/ shr vs est $0.92. April 26- PepsiCo Inc's quarterly revenue and profit beat estimates on demand for its healthier drinks and snacks and higher pricing in North America, but a contraction in the company's gross margins weighed on shares. Shares of the company, which also warned that margins will remain under pressure in the current quarter,...

  • April 26- Shares of Twitter Inc soared on Wednesday after the microblogging service reported better-than-expected user growth in the first quarter, although its revenue fell for the first time since the company's market debut. The surprising acceleration followed several quarters of stalled user growth that raised questions about Chief Executive Jack...

  • April 26- Shares of Twitter Inc soared in premarket trade on Wednesday after the microblogging service reported better-than-expected user growth. Twitter shares were up 11 percent at $16.25 in premarket trade on Wednesday. And there is a global thirst for news and information that they are benefiting from, "said BTIG analyst Richard Greenfield.

  • Boeing's decision to increase its full-year profit forecast by 10 cents reflected a lower tax rate. "We don't see investors giving Boeing much credit for a tax driven EPS' beat& raise,"' wrote Robert Stallard, an analyst at Vertical Research Partners, in a research note. Boeing's cost-cutting and factory productivity improvements boosted earnings at the world's...

  • TORONTO, April 26- Canada's main stock index fell on Wednesday, pulling back from a two-month high the day before as lower oil prices pressured energy stocks, while shares of Home Capital Group slumped after the company announced a credit line agreement. The Toronto Stock Exchange's S&P/TSX composite index was down 29.27 points, or 0.19 percent, at 15,715.92,...