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CNBC Utilities Page Companies

  • TORONTO, Jan 24- Canada's main stock index jumped to a fresh more-than 2- year high on Tuesday, led by resource shares as base metal and oil prices rose and after U.S. President Donald Trump signed an order allowing TransCanada Corp to resubmit an application for the Keystone XL pipeline. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed...

  • Donald Trump resigns from his businesses

    President Trump has stepped away from his namesake company and more than 400 affiliated entities.

  • *Q4 profit $0.86 vs. est. Shares of Verizon, which is in the process of buying Yahoo Inc's core assets as a way to diversify, were down 4.4 percent at $50.09 on Tuesday. Chief Financial Officer Matt Ellis said in an interview that the company's 167,000 phone subscriber additions were strong.

  • commodities@ SAO PAULO, Jan 24- Brazilian stocks hit a nearly five-year high on Tuesday as rising prices of commodities boosted shares of miner Vale SA and state-controlled oil company Petrobras. Shares of Vale, the world's largest iron ore producer, rose to their highest since January 2013 as China iron ore futures rebounded after a four-day retreat.

  • BERLIN, Jan 24- German automotive supplier SHW Automotive GmbH said a maker of electric cars had cancelled a 100 million euro order, sending its shares down as much as 9.5 percent to a four-month low on Tuesday. Shares in Aalen, Germany- based SHW were down 7.5 percent to 30.12 euros at 1321 GMT, having traded as low as 29.49 euros. Spokespeople in Germany for...

  • Shares of New York- based Verizon, which has said it wants to buy Yahoo's assets to drive growth in advertising and media, were down 2.7 percent at $51 in premarket trading. Verizon's operating revenue fell for the third straight quarter, to $32.34 billion, from $34.25 billion in the same period of 2015.. Net income attributable to the No. 1 U.S. wireless carrier fell...

  • Jan 24- Hong Kong stocks rose on Tuesday, led by a solid resources sector as a weaker U.S currency stemming from President Donald Trump's protectionist stance reduces costs to firms for raw materials imports. Shares of Shenhua Energy Co Ltd and Yanzhou Coal Mining Company Limited climbed about 2.5 percent and 5.4 percent respectively. Linus Yip, strategist at...

  • Shares of McDonald's were down 0.5 percent at $121.60 after the world's biggest fast-food chain released its fourth-quarter report on Monday. McDonald's is "mindful of the disparity" in pricing, Chief Financial Officer Kevin Ozan said on a conference call. Traffic has fallen more than 10 percent over the last four years at restaurants in the United States,...

  • Advance Auto Parts Inc's shares fell 4.2 percent to $164.27, O'Reilly Automotive Inc declined 4 percent to $263.13 and Genuine Parts Co lost 3.7 percent to $96. Amazon has struck supply contracts with some of the largest parts makers including Federal-Mogul Holdings Corp, Dorman Products Inc, Robert Bosch GmbH and Cardone Industries Inc, NY Post reported on...

  • Jan 23- Halliburton Co, the world's No. 2 oilfield services provider, said its revenue growth this year would meet or outpace the increase in the number of drilling rigs in North America. However, Halliburton's revenue growth in North America in the latest quarter lagged the increase in rig count, sending the company's shares down as much as 4.5 percent to $53.93.

  • BUENOS AIRES, Jan 23- Shares of Argentina's top lemon exporter San Miguel tumbled 8.4 percent early on Monday after Washington issued a 60- day stay on its December decision allowing the importation of lemons from northwest Argentina into the United States. The company and the Argentine government had no immediate comment on the United States Department of...

  • *TPP member Japan, Australian shares down; Asia up. Japan's Nikkei dropped 1.1 percent while shares in Australia dropped 0.7 percent after the Trump administration, on its first day in office, declared its intention to withdraw from the Trans-Pacific Partnership, a 12- nation trade pact that Japan and Australia also have signed up for. Hong Kong shares rose 0.6...

  • New YORK, Jan 20- Bristol-Myers Squibb Co shares fell 11 percent on Friday following Thursday's announcement that it would not seek accelerated approval of its immunotherapy drug combination in first-line lung cancer, further solidifying Merck& Co Inc's leading position in the burgeoning immuno-oncolgy field. Merck shares rose 3.6 percent to $62.53, while...

  • Jan 20- Procter& Gamble Co reported better-than-expected quarterly sales, driven partly by strong organic sales in its beauty and health care businesses, and raised its fiscal 2017 forecast for organic sales growth. Shares of the company, which makes Tide detergent and Pampers diapers, were up as much as 3.9 percent in afternoon trading on Friday.

  • Jennifer Fritzsche, an analyst at Wells Fargo, said in a note the numbers were a "net positive," and the DirecTV Now additions appeared to be ahead of expectations. DirecTV Now, AT&T's new Internet-based television service, debuted late last year at prices ranging from $35 a month for over 60 channels to $70 for over 120 channels. AT&T said it would record a pretax loss...

  • *Colony Capital sells entire stake in Edenred. PARIS, Jan 20- Shares in French voucher and prepaid card provider Edenred slid lower on Friday after its second-largest shareholder Colony Capital sold its entire 11.2 stake in the company. Colday E, a vehicle of private equity firm Colony Capital, said 5.53 percent of the capital had already been sold off-market to...

  • PARIS, Jan 20- Shares in French voucher and prepaid card provider Edenred fell by around 3 percent on Friday after major shareholder Colony Capital sold its entire 11.2 percent stake in the company. Colday E, a vehicle of private equity firm Colony Capital, said 5.53 percent of the capital had already been sold off-market to an unnamed investor, and it would sell...

  • TORONTO, Jan 19- Canada's main stock index edged higher on Thursday, helped by a jump in Canadian Pacific Railway shares on prospects of consolidation in the railroad industry and a rebound of uranium producer Cameco Corp.. Canadian Pacific Railway rose nearly 4 percent to C $200.11 a day after saying its chief executive, Hunter Harrison, would leave five months...

  • TORONTO, Jan 19- Canada's main stock index edged higher on Thursday, helped by a jump in Canadian Pacific Railway shares on prospects of consolidation in the railroad industry and a rebound in uranium producer Cameco Corp.. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 11.96 points, or 0.08 percent, at 15,409.81.

  • TORONTO, Jan 19- Canada's main stock index moved higher in morning trade on Thursday, helped by a jump in Canadian Pacific Railway shares and a rebound in uranium producer Cameco Corp.. Oil rallied from a one-week low as the International Energy Agency said oil markets were tightening even before cuts agreed by OPEC and other producers took effect.