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CNBC Utilities Page Companies

  • NEW YORK— Shares of SeaWorld, which have been cut in half since coming under scrutiny over the killer whales it holds in captivity, are up 12 percent before the opening bell on a big investment from China. The Orlando, Florida, company announced Friday that Zhonghong Zhuoye Group Co., real estate holding company, has acquired a 21 percent stake from Blackstone Group...

  • The SEC said the purchases resulted in about $427,000 of profit for Darvasi and $4.5 million for Waldman, after the announcement caused shares of Jerusalem- based Mobileye to rise 28.2 percent in one day. According to the SEC, both defendants were connected to Mobileye insiders through the scientific academic community at the Hebrew University of Jerusalem,...

  • SAO PAULO, March 23- A new reorganization plan from Brazil's debt-laden phone carrier Oi SA boosted shares on Thursday, but analysts continued to focus on the need for fresh capital after a heavy fourth-quarter loss. Oi's Chief Executive Marco Schroeder told Reuters that the company generates enough cash to meet financial obligations and make necessary...

  • The SEC said the purchases resulted in about $427,000 of profit for Darvasi and $4.5 million for Waldman, after the announcement caused shares of Jerusalem- based Mobileye to rise 28.2 percent in one day. According to the SEC, both defendants were connected to Mobileye insiders through the scientific academic community at the Hebrew University of Jerusalem,...

  • *FY adj profit view $5.70- $5.87/ shr vs est. *2nd- qtr profit $1.33/ shr vs est. Accenture plans to spend about $1.5 billion on acquisitions in the year ending August, Chief Financial Officer David Rowland said on a call with analysts on Thursday.

  • *FY adj profit view $5.70- $5.87/ shr vs est. *2nd- qtr profit $1.33/ shr vs est. Accenture plans to spend about $1.5 billion on acquisitions in the year ending August, Chief Financial Officer David Rowland said on a call with analysts.

  • NEW YORK— Stocks gave up an early rally and are falling in late trading after Republican leadership delayed a vote on their health care bill amid mounting doubts the legislation has enough votes to pass. Investors are worried that that means trouble for the business-friendly agenda of Congressional Republicans and President Donald Trump.

  • approval@ SAO PAULO, March 22- Brazilian stocks rose on Wednesday as shares of BM&FBovespa SA and Cetip SA rallied after antitrust watchdog Cade approved a tie-up between the companies. The rally helped lift Brazil's benchmark Bovespa stock index despite persistent concerns that widening corruption investigations could hamper the approval of fiscal...

  • March 22- Gemalto's shares fell by as much as 23 percent on Wednesday after the Dutch digital security firm cut its 2017 profit forecast due to slow adoption of chip-enabled payment cards in the United States. The company cut its annual profit forecast for 2017 to the 500- 520 million euro range in October. "This update primarily reflects a double-digit decline in...

  • Dutch paints and coatings maker AkzoNobel rejected a second takeover proposal from U.S. rival PPG Industries saying an improved offer was too low and too risky.

  • March 21- Shares in U.S. banks tumbled on Tuesday as investors shrunk back from a post-election rally on worries that President Donald Trump would not be able to live up to his promises for large-scale relief on tax and regulation. Investors were worried that if the Trump administration cannot pass a healthcare bill that is up for vote this week, it will be harder...

  • March 21- Nike Inc, the world's largest footwear maker, reported lower-than-expected quarterly revenue on Tuesday amid intense competition from a resurgent Adidas AG and Under Armour Inc in North America. Shares of the Dow component were down 1.7 percent at $57.00 in after-market trading on Tuesday. Nike's net income rose to $1.14 billion, or 68 cents per share,...

  • TORONTO, March 21- Canada's main stock index rose in early trade on Tuesday as shares of energy companies gained along with oil prices and financial stocks also provided support. The Toronto Stock Exchange's S&P/TSX composite index was up 72.51 points, or 0.47 percent, at 15,514.83 shortly after the open. Nine of its 10 main groups were higher.

  • STOCKHOLM, March 21- Shares in former stock market star Fingerprint Cards plunged as much as 42 percent on Tuesday after the Swedish company scrapped its dividend and withdrew its earnings guidance for 2017.. The company, which as its name suggests provides fingerprint sensors for technology products, blamed weaker demand from smartphone makers and...

  • TORONTO, March 20- Canada's benchmark stock index edged higher on Monday, helped by gold miners as bullion rose and a surge in acquisition target Dominion Diamond Corp, with gains muted by financial stock declines and energy companies weighed by lower oil prices. Dominion shares jumped 22.6 percent to C $16.19 after Washington Companies said on Sunday it had...

  • TORONTO, March 20- Canada's main stock index slipped in early trade on Monday as bank shares fell and energy companies were weighed down by lower oil prices, offsetting gains for materials stocks including acquisition target Dominion Diamond Corp.. The Toronto Stock Exchange's S&P/TSX composite index was down 1.46 points, or 0.01 percent, at 15,489.03...

  • Sir Martin Sorrell of WPP outlines what Chinese multinationals should do to become globally dominant in the long run.

  • SAO PAULO, March 17- Brazilian stocks fell sharply on Friday as shares of meatpackers JBS SA and BRF SA slumped after federal police targeted their offices as part of an investigation into alleged bribery of food inspectors and politicians. Common shares in JBS fell nearly 11 percent, the biggest decline since Oct. 26, when a government agency vetoed a program to...

  • SAO PAULO, March 17- Brazilian stocks fell on Friday as shares of meatpackers JBS SA and BRF SA slumped after federal police targeted their offices as part of an investigation into alleged bribery of food inspectors and politicians. Common shares in JBS fell nearly 8 percent, the biggest decline since Oct. 26, when a government agency vetoed a program to move some...

  • TORONTO, March 17- Canada's main stock index turned negative in midmorning trading on Friday as losses among financial and consumer shares outweighed gains for some gold miners and other natural resource companies from an uptick in commodity prices. Manulife Financial Corp was down 0.9 percent at C $24.28, and Great-West Lifeco Inc lost 0.8 percent to C...