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CNBC Utilities Page Companies

  • Nov 10- ConocoPhillips, the largest U.S. independent oil producer, will sell up to $8 billion in natural gas assets and trim its capital budget by 4 percent next year to provide funds to bolster operations, it said on Thursday. Shares of the Houston- based company were up 1 percent at $46.20 in premarket trading. Conoco plans to sell $5 billion to $8 billion in North...

  • The company's shares were up 7.7 percent at $49.20 in premarket trading on Thursday. "Our back-to-school season was strong," Chief Executive Kevin Mansell said in a statement. The company's net income rose 21.7 percent to $146 million, or 83 cents per share, in the third quarter ended Oct. 29.

  • *3rd qtr adj. profit $1.80/ share vs. est. Shares of the Dublin- based company, which specializes in generic and over-the-counter drugs, were up about 4 percent at $86.75 in premarket trading on Thursday. Perrigo has blamed much of its troubles on former Chief Executive Joseph Papa who convinced investors to reject a $205 per share cash-and-stock bid from Mylan NV,...

  • Nov 9- Microblogging platform Twitter Inc said on Wednesday Chief Operating Officer Adam Bain would leave the company to explore other opportunities. Twitter shares were down 4.3 percent in after-hours trading. Bain will be replaced by Chief Financial Officer Anthony Noto, the company said, adding it would begin a search for a new CFO.

  • Nov 9- Microblogging platform Twitter Inc said on Wednesday Chief Operating Officer Adam Bain would leave the company to explore other opportunities. Bain will be replaced by Chief Financial Officer Anthony Noto, the company said, adding it would begin a search for a new CFO. Twitter shares were down 4.3 percent in after-hours trading.

  • Nov 9- U.S. satellite TV operator Dish Network Corp reported a lower-than-expected quarterly profit on Wednesday as it lost more pay-TV subscribers due to stiff competition from online video services. Shares in Dish were up about 1.5 percent at $57.56 in early-afternoon trading after paring earlier losses. A monthly Sling TV subscription costs $20 for 28...

  • LONDON, Nov 9- Shares in European banks fell on Wednesday after Donald Trump's election victory, reflecting fears of difficulties in raising capital and uncertainty over U.S. legal cases hanging over Deutsche Bank and other regional lenders. Europe's largest lender HSBC fell 2.2 percent, as analysts raised questions about its ability to support its...

  • Nov 8- TripAdvisor Inc reported lower-than-expected quarterly revenue as the travel review website operator earned less from referrals to third-party hotel websites. The company's shares were down 13 percent at $54.89 in after-hours trading on Tuesday. The company is trying to aggressively promote the feature by partnering with hotel chains such as...

  • TORONTO, Nov 8- Canada's main share index edged higher on Tuesday as gains for materials and financials shares offset a sharp drop in a major drugmaker while investors braced for the outcome of one of the most contentious U.S. presidential elections in history. Potash Corporation of Saskatchewan Inc rose 3.8 percent to C $22.76 and First Quantum Minerals Ltd...

  • The company, which makes automotive batteries and building heating and cooling systems, reported a net loss of $1.17 billion from continuing operations for its fourth quarter ended Sept. 30, down from a year-earlier profit of $3 million. Adjusted non-GAAP earnings per share were $1.21 from continuing operations excluding items, up from $1.04 per share a year...

  • *AB Foods surges on encouraging update. LONDON, Nov 8- European shares edged higher in cautious trading on Tuesday, with encouraging updates from some companies underpinning the broader market on a day when investors' main focus stayed on the election battle in the United States. The pan-European STOXX 600 index was trading 0.2 percent higher by 0933 GMT, after...

  • LONDON, Nov 8- European shares edged higher in cautious trading ahead of Tuesday's U.S. presidential election, with encouraging results and updates from some companies underpinning the broader market. Clinton's chances of winning got a boost on Sunday when the U.S. Federal Bureau of Investigation said it stood by its July finding that the democratic...

  • *Q3 adj loss 4 cents/ shr vs. est 9 cents. Nov 7- Online lending platform operator LendingClub Corp reported a smaller-than-expected loss and said an investor had agreed to buy $1.3 billion in loans, sending its shares soaring as much as 20 percent. The company, which matches borrowers and lenders via an online marketplace, had been struggling to bring banks back to...

  • *Q3 adj loss 4 cents/ shr vs. est 9 cents. *Sees Q4 net loss $38 mln- $48 mln. The company, which matches borrowers and lenders via an online marketplace, had been struggling to bring banks back to its platform following revelations of lending improprieties, the ouster of founder and ex-CEO Renaud Laplanche and a U.S. Department of Justice probe.

  • *Egypt blue chips soar; CIB surges daily limit. *Dubai lags as DXB Entertainments pulls back. DUBAI, Nov 6- Egyptian blue chips jumped for a second straight day on Sunday after the central bank floated its currency last week, raising hopes for new inflows of funds, while Saudi Arabia gained as last month's successful international bond issue continued to spur buying.

  • People visit a Tesla showroom in Beijing.

    Analyst Jamie Albertine has questions about SolarCity's valuation and the timing of its proposed merger with Tesla.

  • MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.4 percent after brushing its lowest levels since early August. Investors have been unnerved in recent days by signs that the presidential race between Democrat Hillary Clinton and Republican Donald Trump may be tightening just days before Tuesday's vote. "This negative sentiment is...

  • TOKYO, Nov 4- Asian shares slipped on Friday and the dollar nursed losses in a week marked by growing uncertainty about the outcome of the U.S. presidential election. Investors have been unnerved in recent days by signs that the U.S. presidential race between Democrat Hillary Clinton and Republican Donald Trump was tightening just days before Tuesday's vote.

  • Nov 3- Starbucks Corp reported higher-than-expected quarterly revenue, while sales at established cafes in its Americas region matched Wall Street's expectations, sending its shares up as much as 6.7 percent in extended trading. Same-store sales for the U.S.-dominated Americas region were up 5 percent, matching estimates compiled by Consensus Metrix.

  • Nov 3- Starbucks Corp reported sales at established U.S. cafes that matched analysts' expectations, sending its shares up almost 4 percent in extended trading. Same-store sales for the U.S.-dominated Americas region were up 5 percent, matching estimates compiled by Consensus Metrix. Starbucks shares were up $1.78 to $53.55 in after-hours trading.