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CNBC Utilities Page Companies

  • Chipotle shares were up 5 percent at $414.85 after the Denver- based company said same-store sales for December surged 14.7 percent, compared with a 30 percent drop the year earlier. Still, shares in the chain remain far below their all-time peak of nearly $750 hit in summer 2015 as the company works to fix customer service issues and other operational...

  • TORONTO, Jan 10- Canada's benchmark stock index rose on Tuesday, led by the financial and materials groups as metal prices rose, while shares of drugmaker Valeant Pharmaceuticals International Inc surged as it sold assets. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 37.33 points, or 0.24 percent, at 15,426.28.

  • Jan 10- Shares of Illumina Inc rose 16 percent on Tuesday, after the company unveiled new technology, which is expected to eventually reduce the cost of sequencing to $100 per human genome, prompting a slew of price target increases. It took government-funded scientists $3 billion and 13 years to sequence the first human genome by 2003.. In the way that Illumina's...

  • TORONTO, Jan 10- Canada's benchmark stock index rose in morning trade on Tuesday as materials stocks gained with higher commodity prices and drugmaker Valeant Pharmaceuticals International Inc surged as it sold assets. Shares in Valeant rose 9.1 percent to C $22.14 after the drugmaker said it is selling its Dendreon cancer business and three skincare...

  • Jan 10- The S&P 500 and the Nasdaq were flat on Tuesday morning, while Goldman Sachs led the Dow lower, as investors await the earnings season to test if Wall Street's record levels are justified by corporate earnings in the fourth quarter. Goldman Sachs fell 1.4 percent after Citigroup downgraded the stock, a move that comes ahead of reports by JPMorgan, Bank of...

  • SAO PAULO, Jan 10- Brazilian stocks rose on Tuesday as hopes that China would further cut steel output lifted shares of miners and steelmakers for a second day. The official Xinhua news agency reported on Sunday that Hebei province, which accounts for about a quarter of China's total steel output, plans to slash 31.86 million tonnes of steel and ironmaking...

  • TORONTO, Jan 10- Canada's main stock index rose on Tuesday, helped by gains for the materials group and a jump in the shares of Valeant Pharmaceuticals International as the drugmaker sells assets. The Toronto Stock Exchange's S&P/TSX composite index was up 41.49 points, or 0.27 percent, at 15,430,44, shortly after the open. Eight of the index's 10 main groups were...

  • Chipotle's shares rose 4.5 percent to $413 in premarket trading on Tuesday. The company estimated a profit of 50- 58 cents per share for the quarter, widely missing the average analyst estimate of 96 cents. The company estimated sales of $1.04 billion, below the average analyst estimate of $1.05 billion, according to Thomson Reuters I/B/E/S.

  • Jan 10- Chipotle Mexican Grill Inc said sales at established restaurants likely fell 4.8 percent in the fourth quarter and that costs came in higher than it had previously anticipated. Chipotle's shares were down 3.2 percent at $381.99 in premarket trading. The company estimated sales of $1.04 billion for the quarter ended December, below the average analyst...

  • LONDON, Jan 10- Britain's FTSE 100 share index climbed to fresh record highs on Tuesday with UK retailers gaining, while European blue chips failed to hold early gains, with financials the biggest drag. The pan-European STOXX 600 index was down 0.3 percent, while the FTSE 100 hit a new all-time high of 7,261.16 points before paring back slightly to stand 0.2...

  • HONG KONG, Jan 10- Shares of Intime Retail Co Ltd were set to surge 38 percent when it resumes trade on Tuesday after Alibaba Group Holding Ltd joined forces with the founder of the department store operator to take it private for $2.6 billion. Intime's shares were set to open at HK $9.70. Alibaba Investment Ltd and Shen Guo Jun jointly offered to take Intime private...

  • *Britain's FTSE 100 hits another peak. The pan-European STOXX index slid 0.4 percent, while the FTSE 100 rose 0.4 percent after hitting an all-time high of 7,243.76 points in its 10th straight session of gains. "Domestic populist politics trumps the trade card for now, it seems and that is weighing on the pound, whilst simultaneously giving another boost to the...

  • TORONTO, Jan 9- Canada's main stock index fell in early trade on Monday, weighed down by energy stocks as oil prices fell and as shares in telecom companies also lost ground.

  • *Britain's FTSE 100 hits another peak. LONDON, Jan 9- European shares edged lower on Monday, while a rise among basic resources stocks helped Britain's FTSE 100 index hit a record high. The FTSE 100 gained 0.3 percent to 7,239.26 points, putting it on track for its tenth straight session of gains.

  • LONDON, Jan 9- European shares edged lower on Monday in early deals, though a rise among basic resources stocks helped Britain's FTSE 100 index hit a fresh record high. The FTSE 100 outperformed its continental peers, gaining 0.3 percent to hit a fresh all-time high of 7,239.26 points. Germany's Fresenius Medical was another top faller, down 3.4 percent after it...

  • *FTSE set for 5th week of gains. LONDON, Jan 6- The pan-European STOXX 600 index fell on Friday as commodity-related stocks dropped, but the benchmark stayed on track for its best weekly performance since the middle of December. Britain's commodity-heavy FTSE 100 index, trading 0.1 percent lower after hitting a record high the previous day, was on track for its...

  • Jan 6- Financial broker TP ICAP Plc said on Friday Donald Trump's victory in the U.S. presidential election and speculation over higher interest rates led to a surge in trading volumes in the final months of last year. Shares in the company, formed after Tullett Prebon bought ICAP's hybrid voice broking unit late last year, leapt more than 10 percent in early...

  • Shares of the company, which benefited from strong demand for its Gap and Old Navy brands, were up 8 percent at $25.14 in after-market trading on Thursday. The company has been revamping the Gap and Banana Republic brands, looking to replicate the success of the low-end Old Navy apparel. Gap, which is also shutting stores and reducing overhead costs, said it now...

  • Jan 5- Apparel retailer Gap Inc reported a surprise rise in December comparable sales, helped by strong demand for its Gap and Old Navy brands, a bright spot in the overall retail gloom. The company's shares rose 7.4 percent to $24.98 in after-market trading on Thursday. Gap, which is also shutting stores and reducing overhead costs, said it now expected full-year...

  • "The strength around Thanksgiving and Christmas was insufficient to offset the sales weakness in the balance of the quarter," Stifel, Nicolaus& Co analyst Richard Jaffe wrote. However, shares were up 4 percent after the company agreed to sell its Craftsman tools business to Stanley Black& Decker Inc for $900 million. The National Retail Federation forecast 2016...