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CNBC Utilities Page Companies

  • SAO PAULO, Dec 27- Brazilian stocks rose on Tuesday, boosted by shares of miner Vale and steelmakers as iron ore prices broke a nine-day losing streak. Shares of Vale SA closed up 1.23 percent while shares of steelmaker Companhia Siderúrgica Nacional SA closed up 5.61 percent. Mexico's stock index closed up 0.69 percent, helped The Mexican peso weakened 0.64...

  • The Amazon Echo home assistant and its smaller version, Echo Dot, topped the best-sellers list, said Jeff Wilke, chief executive of Amazon's worldwide consumer division, in a press release. "It's all relative to other numbers that they've never told us," said analyst Jan Dawson of Jackdaw Research. "While Amazon's device sales are still relatively small growth...

  • China- listed iron ore future contracts eked out gains after falling for nine straight days. Shares of miner Vale SA advanced 1.3 percent, adding the most points to Brazil's benchmark Bovespa stock index, while shares in steelmaker Cia Siderúrgica Nacional SA led the gains. Crude prices have gained support from a deal between OPEC and non- OPEC producers to cut...

  • MEXICO CITY, Dec 26- Mexico's peso and bourse slipped on Monday, in a session marked by light trading thanks to the U.S. Mexico's peso weakened 0.15 percent to 20.627 per dollar. In Brazil, the benchmark Bovespa index rose 1.18 percent to 58,620 points, helped by shares of miner Vale, which rose despite a fall in Chinese iron ore prices.

  • *SSEC -0.8 pct; CSI300 -0.6 pct; Hong Kong closed. SHANGHAI, Dec 26- China stocks began 2016' s final week on a bearish note, as lower commodity prices hurt raw material and energy shares. Shares of Baoshan Iron& Steel Co Ltd and Wuhan Iron and Steel Co Ltd retreated 2.9 percent and 2.6 percent respectively, as futures contract of rebar lost around 3.3 percent.

  • *Italian shares, euro rise as Italy limps towards bank rescue. LONDON, Dec 22- European markets were poised for one last burst of action before the end of the year on Thursday, with Italy expected to outline plans to rescue the world's oldest and now its most troubled bank, Monte dei Paschi di Siena. Sources told Reuters the bank failed to pull off a last-ditch private...

  • *Italian shares, euro rise as Italy limps towards bank rescue. LONDON, Dec 22- European markets were poised for one last burst of action before the end of the year on Thursday, with Italy expected to outline plans to rescue the world's oldest and now its most troubled bank, Monte dei Paschi di Siena. Sources told Reuters the bank failed to pull off a last-ditch private...

  • On China's massive Taobao marketplace, sellers can sell anything from cars to farm products.

    According to authorities, current levels of reported counterfeiting and piracy on Taobao are unacceptably high."

  • TOKYO, Dec 22- Asian shares struggled on Thursday after a lackluster performance on Wall Street, with investors looking to U.S. economic data later in the day for potential catalysts even as markets started winding down ahead of the holidays. MSCI's broadest index of Asia-Pacific shares outside Japan erased early modest gains and slipped 0.3 percent, while...

  • TORONTO, Dec 21- Canada's main stock index rose on Wednesday for the fifth straight day as higher oil prices supported the shares of energy companies. The Toronto Stock Exchange's S&P/TSX composite index was up 9.83 points, or 0.06 percent, at 15,302.79, shortly after the open. Six of the index's 10 main groups rose.

  • ZURICH, Dec 21- Swiss biotech group Actelion's shares rose by more than 3 percent on Wednesday following a report that talks with Sanofi are making progress, increasing optimism that the two will strike a deal. The shares were up 3.9 percent at 209.80 Swiss francs by 0914 GMT, while Sanofi stock edged up 0.1 percent. Actelion's co-founder and Chief Executive...

  • TORONTO, Dec 20- BlackBerry Ltd reported higher-than-expected quarterly earnings and raised its full-year forecast on Tuesday on growth in its higher-margin software business, sending its shares up nearly 3 percent. Software and services revenue rose to $160 million the third quarter ended on Nov. 30 from $155 million a year earlier, while hardware sales...

  • TORONTO, Dec 20- Canada's main stock index rose for the fourth straight day on Tuesday, led by the financial and energy groups as oil and bond yields climbed, while shares of BlackBerry Ltd advanced after the company posted better-than-expected earnings. The Canadian smartphone pioneer, which has gone through a wrenching transition in recent years, reported...

  • SAO PAULO, Dec 20- Brazilian stocks rose on Tuesday after the nation's central bank announced measures to reduce credit costs, boosting financial institutions' shares. Shares of lenders Itaú Unibanco Holding SA, Banco do Brasil SA and Bradesco SA advanced more than 2 percent, lifting the country's benchmark Bovespa stock index up 1 percent.

  • TORONTO, Dec 20- Canada's main stock index rose for the fourth straight day on Tuesday, led by the financial and energy groups as oil gained, while shares of BlackBerry Ltd climbed after the company reported an adjusted profit that beat expectations.

  • *Suez shares top performer on Paris' SBF-120. PARIS, Dec 20- Shares in French utility Suez climbed on Tuesday after business radio station BFM reported that Engie- which already owns 33 percent of Suez- was examining a full takeover bid. BFM reported that Engie's chief executive, Isabelle Kocher, had been lobbying leading French conservative and centre-right...

  • TORONTO, Dec 20- BlackBerry Ltd on Tuesday posted an adjusted profit that beat expectations even as revenue dropped sharply, as the software growth it is relying on failed to fully make up for its retreat from handsets and lost service fees. The company said it had software and services revenue of $160 million in the quarter, up from the prior quarter and year-ago...

  • The Waterloo, Ontario- based company said it had a net loss of $117 million, or 22 cents a share, on revenue of $289 million in its fiscal third quarter. A year ago, it reported a net loss of $89 million, or 17 cents a share, on revenue of $548 million. The company said it had software and services revenue of $160 million, while sales from its handset business dropped to $62...

  • *Suez shares top performer on Paris' SBF-120 market. PARIS, Dec 20- Shares in French utility Suez climbed on Tuesday after business radio station BFM reported that Engie- which already owns 33 percent of Suez- was examining a full takeover bid for it. Suez shares rose by around 4 percent, making them the top-performing stock on France's SBF-120 equity index, which was...

  • Dec 19- Swiss drugmaker Novartis on Monday said it signed a licensing deal to co-develop a fatty liver disease drug with Conatus Pharmaceuticals Inc, under which the small U.S. company will receive $50 million up front. Conatus shares rose to $4.20 in extended trading from a Nasdaq close at $1.96. Conatus has the option to co-commercialize emricasan in the...