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CNBC Utilities Page Companies

  • TAIPEI, Nov 23- Taiwan stocks hit a two-week high on Wednesday, tracking overseas markets, while shares in troubled TransAsia Airways Corp fell limit down after the carrier said it was shutting operations. However, the broader market shrugged off investor concerns over TransAsia Airways. The Taiwan dollar firmed T $0.065 to T $31.880 per U.S. dollar.

  • HPE said it expects first-quarter adjusted profit between 42 cents and 46 cents. Analysts on average had expected profit of 46 cents per share according to Thomson Reuters I/B/E/S. However, the company did beat analyst estimates for the fourth-quarter ended Oct. 31 by 1 cent with earnings of 61 cents per share, excluding items.

  • SAO PAULO/ MEXICO CITY, Nov 22- Brazilian and Mexican stocks rose on Tuesday, helped by more external appetite for risk and investors buying in after a sell off prompted by Donald Trump's U.S. election victory. Mexico's IPC stock index closed up more than 1 percent. Shares of miners and steelmakers, such as Cia Siderúrgica Nacional SA and Vale SA, also rose.

  • Nov 22- Apparel retailer Urban Outfitters Inc reported quarterly comparable sales that missed analysts' estimate as demand fell for its Anthropologie Group and Free People brands, sending its shares down 9 percent in aftermarket trade. Urban Outfitters said its net sales rose 4.5 percent to $862.5 million. However, the company's net income fell to $47.4...

  • TORONTO, Nov 22- Canada's main stock index gained in morning trade on Tuesday, extending a 17- month high as base metal mining and banking shares rose. The most influential gainers included Teck Resources Ltd, which rose 3.3 percent to C $33.07, and First Quantum Minerals Ltd, which jumped 4 percent to C $15.39. Barrick Gold Corp shed 1.8 percent to C $20.30 and Potash...

  • SAO PAULO, Nov 22- Brazilian stocks rose on Tuesday as hopes of higher prices of basic products lifted shares of miners, steelmakers and pulp producers. Shares of miners and steelmakers, such as Cia Siderúrgica Nacional SA and Vale SA, also extended their rally. An index tracking shares of producers of basic products listed on the São Paulo stock exchange...

  • COPENHAGEN, Nov 22- Shares in Danish biotech company Genmab jumped to a record high on Tuesday after U.S. regulators approved widening the use its blood cancer drug Darzalex, prompting the firm to raise financial guidance for the year. Darzalex, which is sold by Genmab's partner Johnson& Johnson, was approved for patients in the United States who have undergone...

  • ZURICH, Nov 22- Shares in watchmakers Swatch Group and Richemont fell on Tuesday after the decline in Swiss watch exports accelerated in October. "We remain concerned about the Swiss watch industry's negative sales trends in a fixed-cost environment in particular ahead of the important festive season and continued disruption in Hong Kong, the Swiss watch...

  • Nov 21- Tyson Foods Inc shares tumbled more than 14 percent on Monday after the nation's biggest meat processor forecast lower-than-expected 2017 profit and said well-regarded Chief Executive Officer Donnie Smith would step down at the end of the year. Smith's departure surprised some on Wall Street, who regard him as the company's most successful CEO.

  • Nov 21- Tyson Foods Inc shares tumbled almost 15 percent on Monday after the nation's biggest meat processor forecast lower-than-expected 2017 profit and said Chief Executive Officer Donnie Smith would step down at the end of the year. Tyson expects profit of $4.70 to $4.85 a share in the year ending September 2017, below analysts' average estimate of $4.98.

  • Nov 21- Tyson Foods Inc shares tumbled almost 16 percent on Monday after the nation's biggest meat processor forecast lower-than-expected 2017 profit and said Chief Executive Donnie Smith would step down at the end of the year. The seller of Jimmy Dean sausage and Ball Park hot dogs expects profit of $4.70 to $4.85 a share in the year ending September 2017, below...

  • TORONTO, Nov 21- Canada's main stock index rose on Monday as higher oil prices supported shares of energy companies, while the materials and financials groups also gained ground. The Toronto Stock Exchange's S&P/TSX composite index was up 90.73 points, or 0.61 percent, at 14,954.76. Eight of the index's 10 main groups were higher.

  • *4th- qtr profit $0.96/ shr vs. est. Nov 21- Tyson Foods Inc posted a lower-than-expected quarterly profit and said Chief Executive Donnie Smith would step down at the end of the year as the No. 1 U.S. meat processor looks to expand its presence in branded prepared foods. Tyson, whose shares were down 13.8 percent in premarket trading on Monday, said its president, Tom...

  • SAO PAULO, Nov 21- The Brazilian real strengthened on Monday as an emerging market selloff triggered more steam. The rebound allowed Brazil's central bank to reduce its currency intervention following two weeks of heavy action. Brazil's benchmark Bovespa stock index rose 1 percent, supported by a gain in shares of state-controlled lender Banco do Brasil SA.

  • Nov 21- Tyson Foods Inc reported a lower-than-expected quarterly profit on Monday and said Chief Executive Donnie Smith would step down at the end of the year as the company looks to expand its presence in branded prepared foods. Tyson, whose shares were down 8.6 percent in premarket trading, said its president, Tom Hayes, would succeed Smith, 56, who has been at the...

  • NEW YORK, Nov 18- Shares of many shipping companies dropped in volatile trading, retracing more of their post-U.S. election gains after Seanergy Maritime Holdings on Friday became the latest shipper this week to announce a direct share offer pricing. Seanergy shares were down 28.2 percent at $2.80 after the $3.6 million offering, while shares of Top Ships were...

  • Shares of the company, once popular for its logo-emblazoned polo shirts, sweatpants and sweatshirts, fell as much as 15.5 percent to $14.30 in premarket trading on Friday. "A&F has been unable to offer the consumer inspiring merchandise and the brand's new marketing campaign failed to resonate with the consumer," Stifel analyst Richard Jaffe wrote in a...

  • Shares of the company, whose brands include Hollister and abercrombie kids, fell 13.17 percent to $14.70 in premarket trading on Friday. Abercrombie's net sales fell 6.5 percent to $821.73 million, down for the 15th straight quarter. "While Hollister improved sequentially, it was more than offset by disappointing performance in A&F," Executive Chairman Arthur...

  • Abercrombie& Fitch's shares fell 8.4 percent to $15.50 in premarket trading on Friday. The company, whose brands include Hollister and abercrombie kids, said net sales fell 6.5 percent to $821.73 million in the third quarter ended Oct. 29 from $878.57 million a year earlier. Net income attributable to the company fell to $7.88 million, or 12 cents per share, in the...

  • *Wall Street shares near record high, Asia under pressure. TOKYO, Nov 18- Asian share markets weakened on Friday as rising U.S. bond yields carried the dollar to a more than 13-1/ 2 year high against a basket of major currencies, fuelled by expectations that President-elect Donald Trump's policies will lead to higher interest rates. The post-election shift in...