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CNBC Utilities Page Companies

  • Shares of the company rose 6 percent to $57.90 in premarket trading. Net income rose to $681 million, or $1.23 per share, in the first quarter ended April 29, from $632 million, or $1.05 per share, a year earlier. Target had recorded a $261 million charge related to the early retirement of debt in the year-earlier period.

  • SAN FRANCISCO, May 16- Shares of Etsy Inc surged more than 23 percent on Tuesday and were on track for their biggest daily gain since 2015 after two investment firms revealed stakes in the online crafts retailer and the company said it was reviewing its strategy. TPG Group Holding Advisors Inc and Dragoneer Investment Group LLC late on Monday jointly reported an...

  • May 16- Yahoo Inc said on Tuesday it would buy back up to $3 billion shares through a tender offer to provide liquidity to stockholders looking to sell the stock ahead of the company's pending deal with Verizon Communications Inc.. Shares in Yahoo, which has a 15 percent stake in Chinese e-commerce company Alibaba Group Holding Ltd, were up 2 percent at $50.81.

  • May 16- Yahoo Inc said on Tuesday it would buy back $3 billion of its common shares to provide liquidity to stockholders looking to sell shares ahead of the company's pending deal with Verizon Communications Inc.. Shares in Yahoo, which has a 15 percent stake in Chinese e-commerce company Alibaba Group Holding Ltd, were up 2 percent at $50.81.

  • May 16- Yahoo Inc said on Tuesday it would buy back $3 billion of its common shares, ahead of the company's pending deal with Verizon Communications Inc.. Shares in Yahoo, which has a 15 percent stake in Chinese e-commerce company Alibaba Group Holding Ltd, were up 0.6 percent at $50.15 in premarket trading. Verizon agreed to buy Yahoo's core internet properties...

  • SpaceX launched its heaviest satellite yet into orbit on Monday

    SpaceX launched an Inmarsat satellite using a Falcon 9 rocket, the heaviest payload yet.

  • May 16- Yahoo Inc said on Tuesday it would buy back $3 billion of its common shares to provide liquidity to stockholders looking to sell shares ahead of the company's pending deal with Verizon Communications Inc.. Shares in Yahoo, which has a 15 percent stake in Chinese e-commerce company Alibaba Group Holding Ltd, were up 2 percent at $50.81.

  • *Shares hit record high at $160.83. The company's shares rose about 2 percent to hit a record high of $160.83 in morning trading on Tuesday, after the No. 1 U.S. home improvement chain also said second-quarter sales were off to a good start. Home Depot and smaller rival Lowe's Cos Inc have remained a bright spot in the retail sector as a firming economy and higher wages...

  • May 16- TJX Cos Inc, the owner of off-price chains T.J. Maxx and Marshalls, on Tuesday posted its slowest comparable-store sales growth in more than 10 quarters, adding to the gloom in the retail industry. The company attributed unfavorable weather in parts of the United States and Canada for a slowdown in sales at the beginning of the quarter, but said that demand...

  • May 16- TJX Cos Inc, the owner of off-price chains T.J. Maxx and Marshalls, on Tuesday posted its slowest comparable-store sales growth in more than 10 quarters, adding to the gloom in the retail industry. Shares of the company dipped nearly 5 percent to $73.3 before the bell. The Framingham, Massachusetts- based company's net income rose to $536.3 million, or 82 cents...

  • May 16- Yahoo Inc said on Tuesday it would buy back $3 billion of its common shares, ahead of the company's pending deal with Verizon Communications Inc.. Shares in Yahoo, which has a 15 percent stake in Chinese e-commerce company Alibaba Group Holding Ltd, were up 0.6 percent at $50.15 in premarket trading. Yahoo said it would pay between $50.79 and $44.74 per share...

  • TOKYO, May 16- Japan's Nikkei share average rose to a 17- month high on Tuesday, drawing support from a sagging yen and Wall Street hitting record highs overnight. A broadly weaker yen helped shares in Japan's export reliant economy, and investors also took heart from the S&P 500 and Nasdaq closing at record highs thanks to rising oil prices and demand for...

  • SAN FRANCISCO/ NEW YORK, May 15- Snap Inc jumped more than 8 percent on Monday in its second strongest day since the social media company's initial public offering, boosted by filings showing several institutional investors had owned its shares. Coatue Management LLC, Soros Fund Management LLC, Goldman Sachs Group Inc and Jana Partners LLC on Monday joined the...

  • NEW YORK, May 15- The S&P 500 and Nasdaq hit records on Monday as technology stocks rallied after a global cyber attack and strong corporate earnings.

  • *Sophos, NCC Group, F-Secure up in Europe; security ETF surges. LONDON, May 15- A global "ransomware" attack disrupting factories, hospitals, shops and schools spurred investors on Monday to buy stocks expected to benefit from a pickup in cyber security spending by companies and government agencies. In London, shares in cloud network security firm Sophos jumped more...

  • SAN FRANCISCO, May 15- Snap Inc jumped 8 percent on Monday and was on track for its third strongest day since the social media company's initial public offering, boosted by filings showing several institutional investors had owned its shares. Leading investment firms Fidelity and BlackRock Inc owned Snap shares at the end of March, regulatory filings showed,...

  • Oil jumped more than 2 percent to the highest in more than three weeks after officials from Saudi Arabia and Russia said supply cuts need to last into 2018. Currencies of oil exporters in the region, Mexico and Colombia, were the biggest gainers. Shares of state-controlled oil company Petróleo Brasileiro SA, or Petrobras, added the most to Brazil's benchmark...

  • LONDON, May 15- A global "ransomware" attack disrupting factories, hospitals, shops and schools spurred investors on Monday to buy stocks expected to benefit from a pickup in cyber security spending by companies and government agencies. European Union police agency Europol said on Monday the attack had hit 200,000 machines. In London, shares in cloud network...

  • TORONTO, May 15- Canada's main stock index on Monday rose at the open as oil and gas stocks, led by Canadian Natural Resources Ltd, spearheaded broad gains across all sectors.

  • *Patheon shares surge 33.5 pct to $34.70 premarket. Shares of Patheon were up about 33 percent in premarket trading, just shy of the offer price of $35 per share, representing a premium of about 35 percent to Patheon's Friday close. The contract research space is in the midst of a wave of consolidation with INC Research Holdings Inc last week saying it would merge...