CNBC Utilities Page Companies

  • *1st- qtr sales $685.5 mln vs est. May 26- Teen apparel retailer Abercrombie& Fitch Co's sales fell for the 13th straight quarter as customer traffic to its stores dropped, mainly in markets outside the United States. Shares of the company, whose brands include Hollister and abercrombie kids, plunged more than 11 percent in heavy premarket trading on Thursday.

  • May 25- Tiffany& Co reported its steepest sales drop in six quarters, missing analysts' estimates, as a strong dollar discouraged tourists from buying its high-end jewelry and ate into revenue from markets outside the United States. Shares of the company, whose "Blue Book" collection was flaunted by actress Cate Blanchett on the Oscar red carpet this year, fell 4.5...

  • TOKYO, May 25- Japanese stocks rose to a near one-month high on Wednesday as exporters received a boost from a stronger dollar following firm U.S. housing data, while Sony Corp soared after releasing earnings. But overall trading remained subdued, with volume on the Tokyo Stock Exchange's first section at 1.618 billion shares, the lowest since mid March.

  • Integrated Device shares soared more than 23 percent on April 12 after an SEC filing falsely said that Aly and six Chinese investors had acquired 5.1 percent of its stock and offered to buy the whole company for $4.3 billion, a nearly 65 percent premium. The SEC said Aly had paid $18,500 for Integrated Device call options, a bet the stock price would rise, at...

  • *Revenue rises for 3rd straight quarter. May 24- Toll Brothers Inc's quarterly revenue jumped nearly 31 percent as the company sold more luxury homes at higher prices, underscoring a steady growth in the U.S. housing market. Shares of Toll Brothers, which mostly builds high-end single-family homes, rose as much as 8.9 percent to $29.51.

  • May 24- Shares of Herbalife Ltd jumped as much as 8.5 percent amid conflicting reports on whether the company had reached an agreement in principle with the U.S. Federal Trade Commission to settle a probe into whether it runs a pyramid scheme. The nutritional supplements maker's stock soared after the New York Post said a settlement was imminent but came off its...

  • NEW YORK, May 24- Monsanto Co, the world's largest seed company, will reject Bayer AG's $62 billion acquisition bid and seek a higher price, two people familiar with the matter said on Tuesday. Monsanto shares rose 1.5 percent to $107.61 in late morning trading in New York, but remain far below Bayer's bid price, underscoring investor skepticism that a deal will be...

  • *Home sales in California jump 80 pct. May 24- Toll Brothers Inc's quarterly revenue jumped nearly 31 percent as the company sold more luxury homes at higher prices, underscoring a steady growth in the U.S. housing market. Shares of Toll Brothers, which mostly builds high-end single-family homes, rose as much as 6.8 percent to $28.93 in late morning trading.

  • VietJet founder Nguyen Thi Phuong Thao speaks at a press conference in Dubai in November 2015. In less than five years, the businesswoman has turned VietJet into a serious rival to flagship carrier Vietnam Airlines.

    Nguyen Thi Phuong Thao explains how she took Vietnam's low-cost carrier from "bikini flights" to IPO, and how she'll conquer global aviation.

  • Just when you thought the dearth of M&A in Europe was here to stay, Bayer sweeps in with a $62 billion bid for U.S. giant Monsanto.

  • Sumner Redstone (L) and Philippe Dauman in 2007.

    Michael Morris, media analyst at Guggenheim, tells CNBC's "Power Lunch" why a shake-up at Viacom could be a good thing.

  • The Chrysler Jefferson North Assembly Plant is shown in Detroit, Michigan.

    Shares of Fiat Chrysler fell Monday following reports from a German newspaper that the automaker may have violated emissions standards in Germany.

  • US companies now sinking in debt

    A new study shows corporate America is accumulating debt at a much faster pace, despite almost $2-trillion in cash.

  • MILAN, May 23- Shares in Fiat Chrysler fell more than 5 percent on Monday after Germany's Bild newspaper reported that the carmaker could be prohibited from selling cars in Germany if evidence of disregard of emissions rules was found. Germany began testing vehicles of several carmakers in the wake of the diesel emissions scandal that engulfed Volkswagen,...

  • TORONTO, May 20- Canada's main stock index rose on Friday as financials led broad-based gains, and energy shares advanced as rainfall helped beat back a wildfire near major oil sands deposits. The sponsor of the REIT is a part of life insurer Manulife Financial Corp. In Toronto, Manulife's shares rose 1.5 percent to C $18.68. Firefighters battling a massive blaze...

  • *Oil was marginally up on Friday and hovered near a six-month high, helped by supply disruptions in Canada and Nigeria. *New York Fed President William Dudley said on Thursday the U.S. economy was strong enough to warrant a rate hike in June or July. *Tesla rose 1.4 percent to $218.23 in premarket trading on Friday after the company priced its secondary offering of...

  • *FTSE 100 up 1.5 pct. LONDON, May 20- UK shares rose on Friday, set for their biggest daily gain in more than a month after a rise in bottling company Coca-Cola HBC and a rally in mining stocks. Miners were the top sectoral gainers, with the FTSE 350 Mining index rising 2.8 percent as metals prices firmed, with copper supported by signs of more demand in China as local...

  • *FTSE 100 up 1.5 pct. LONDON, May 20- UK shares rose on Friday, set for their biggest daily gain in more than a month after a rise in bottling company Coca-Cola HBC and a rally in mining stocks. Miners were the top sectoral gainers, with the FTSE 350 Mining index rising 2.8 percent as metals prices firmed, with copper supported by signs of more demand in China as local...

  • May 20- Hong Kong shares followed most other Asian stock markets higher on Friday, but light volumes indicated caution as investors braced for a U.S. interest rate hike possibly as early as next month. Investors are also increasingly worried that China's economy may be losing momentum again. The New York Fed's William Dudley, a permanent voting member of the...

  • *FTSEurofirst index falls 1.2 pct. MILAN/ LONDON, May 19- European shares fell on Thursday as weaker oil and metals prices put pressure on commodities stocks and concern mounted that U.S. interest rates would be raised soon. "This more-than-expected hawkish tone from the minutes is sending European shares lower," Market Securities' chief European strategist,...