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CNBC Utilities Page Companies

  • SAN FRANCISCO, April 18- Shares of Netflix fell from record-high territory on Tuesday and were headed for their worst session in five months after a mixed quarterly report failed to impress Wall Street. The stock fell 3.47 percent to $142.15, losing momentum after touching a record high in extended trade on Monday following its results, the first March-quarter...

  • *Q1 group oper profit 4.4 bln euros vs yr-earlier 3.4 bln. FRANKFURT, April 18- Volkswagen reported a 28 percent jump in first-quarter operating profit, helped by a return to earnings growth at its core VW brand which has struggled to recover from the German carmaker's diesel emissions scandal. Shares in Volkswagen jumped on the news, trading 3.7 percent higher at...

  • *Q1 group oper profit 4.4 bln euros vs yr-earlier 3.4 bln. FRANKFURT, April 18- Volkswagen posted a 28 percent jump in first-quarter operating profit, helped by a return to earnings growth at its core VW brand, which has struggled to recover from the German carmaker's diesel emissions scandal. Shares in Volkswagen jumped on the news, trading 3.5 percent higher at...

  • April 18- Goldman Sachs Group Inc reported earnings that missed Wall Street expectations on Tuesday as weak trading revenue outweighed gains in other areas, sending its shares down nearly 3 percent in premarket trading. The fifth-largest U.S. bank by assets generated its lowest trading revenue in five quarters even as Wall Street rivals reported gains.

  • April 18- U.S. motorcycle maker Harley-Davidson Inc kept its 2017 outlook unchanged despite first-quarter shipments hitting the high end of the company's forecast. Milwaukee- based Harley's shares were down 4 percent at $57.00 in premarket trading on Tuesday. Demand for Harley's motorcycles continues to be slow as its loyal baby boomer demographic ages and...

  • The Milwaukee- based company's shares were down 5.5 percent at $56.15 in premarket trading on Tuesday. Harley's shipments have been hurt amid rising competition as rivals such as Japan's Honda Motor Co Ltd and Polaris Industries Inc, which makes Indian motorcycles, cut prices to lure buyers forcing the company to offer dealer rare rebates on its 2016...

  • SAN FRANCISCO, April 17- Shares of Snap fell 1.5 percent on Monday as the Snapchat owner faced criticism for comments allegedly made by its CEO about not prioritizing growth in India and Spain because they were "poor" countries. Twitter users using the# boycottsnapchat hashtag called for uninstalling the Snapchat app after a legal document unsealed last week...

  • April 17- OncoMed Pharmaceuticals Inc said on Monday its experimental lung cancer drug failed a mid-stage study, sending its shares tumbling 30 percent in premarket trading. Lung cancer is the second most common cancer in men and women and is by far the leading cause of cancer death, according to the American Cancer Society. The company's shares were down 25...

  • DUBAI, April 16- Saudi Arabia's two largest listed banks were the main drag on the index in early trade on Sunday on news that U.S. insurers have filed a lawsuit against the lenders over the Sept. 11, 2001, attacks, while National Bank of Kuwait rose on strong first quarter results. Shares of Al Rajhi Bank were down 1.5 percent and, National Commercial Bank down 2.1...

  • SAN FRANCISCO, April 13- Shares of Snapchat-owner Snap fell 1.2 percent on Thursday after rival Instagram, owned by Facebook, said more than 200 million people a day use its Stories feature, which competes against Snapchat. The stock on Thursday fell 23 cents to trade at $19.99. The company on May 10 will announce its quarterly results for the first time as a...

  • *Hygiene arm attracts 200 bln crown bid- newspaper. *Shares in SCA jump as much as 9.8 pct. STOCKHOLM, April 13- Shares of Sweden's SCA touched a record high on Thursday on a media report that a group of private equity firms had bid 200 billion crowns for its hygiene products arm, a top global producer of diapers and toilet paper.

  • SEOUL, April 13- Even as Samsung Electronics Co Ltd is poised to deliver a surge in earnings to an all-time high this year, some investors are already starting to fret the tech giant will soon become a victim of its own success. With a market capitalisation of 331 trillion won, the South Korean firm has emerged as Asia's most valuable company and its shares have...

  • TORONTO, April 12- Canada's main stock index fell on Wednesday, as losses for its heavyweight financial and natural resource sectors offset a sharp boost in BlackBerry Ltd shares after it won an arbitration ruling against chipmaker Qualcomm Inc.. Major oil sands player Canadian Natural Resources Ltd fell 1.2 percent at C $44.72. "Earnings season is coming up...

  • *Toronto, U.S.-listed shares of BlackBerry up about 17 pct. April 12- Chipmaker Qualcomm Inc said on Wednesday it was asked to refund Canada's BlackBerry Ltd $814.9 million in an arbitration over royalties for certain past sales. U.S.-listed shares of BlackBerry were up 17.8 percent at $9.07 in heavy trading, while they were also up 17 percent at C $12.03 in...

  • TORONTO, April 12- Canada's main stock index slipped in morning trade on Wednesday, as losses for its heavyweight financial and natural resource sectors offset a sharp boost in BlackBerry Ltd shares after it won an arbitration ruling against chipmaker Qualcomm Inc.. BlackBerry surged 17.2 percent to C $12.04, its highest level since January 2016, after...

  • April 11- The U.S. Food and Drug Administration approved Neurocrine Biosciences Inc's drug to treat tardive dyskinesia, a side effect of antipsychotic medications characterized by uncontrolled movements of the face and body, the company said. Shares of the San Diego- based company were up about 18.5 percent to $49.15 after the closing bell on Tuesday.

  • TORONTO, April 11- Canada's benchmark stock index ended barely lower on Tuesday as financial stocks weighed, while a flight to safety helped gold miners and shares of Bombardier Inc jumped on reports it was discussing a merger of rail operations with Siemens. Gold prices jumped to a fresh five-month high and bond yields fell with geopolitical worries about...

  • TORONTO, April 11- Canada's main stock index ended slightly lower on Tuesday as financial stocks weighed, while a flight to safety boosted gold prices and helped miners and as shares of Bombardier Inc jumped on reports it and Siemens were discussing a merger of rail operations. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down...

  • Shares of Azul SA jumped as much as 9 percent in their market debut after a bigger-than-expected dual initial public offering in New York and Sao Paulo raised 2 billion reais for the market's No. 3 carrier. The measure removes a barrier to foreigners who have poured millions into Brazilian airlines this decade, from Gol partner Delta Air Lines to Chinese Azul...

  • In a letter circulated to employees on Monday and seen by Reuters, United Chief Executive Oscar Munoz declined to apologize for the rough manner in which the passenger was handled, instead expressing regret that "this situation arose" and telling staff that "there are lessons we can learn from this experience." According to Tyler Bridges, a passenger who was on...