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CNBC Utilities Page Companies

  • TORONTO, Jan 10- Canada's main stock index rose on Tuesday, helped by gains for the materials group and a jump in the shares of Valeant Pharmaceuticals International as the drugmaker sells assets. The Toronto Stock Exchange's S&P/TSX composite index was up 41.49 points, or 0.27 percent, at 15,430,44, shortly after the open. Eight of the index's 10 main groups were...

  • Chipotle's shares rose 4.5 percent to $413 in premarket trading on Tuesday. The company estimated a profit of 50- 58 cents per share for the quarter, widely missing the average analyst estimate of 96 cents. The company estimated sales of $1.04 billion, below the average analyst estimate of $1.05 billion, according to Thomson Reuters I/B/E/S.

  • Jan 10- Chipotle Mexican Grill Inc said sales at established restaurants likely fell 4.8 percent in the fourth quarter and that costs came in higher than it had previously anticipated. Chipotle's shares were down 3.2 percent at $381.99 in premarket trading. The company estimated sales of $1.04 billion for the quarter ended December, below the average analyst...

  • LONDON, Jan 10- Britain's FTSE 100 share index climbed to fresh record highs on Tuesday with UK retailers gaining, while European blue chips failed to hold early gains, with financials the biggest drag. The pan-European STOXX 600 index was down 0.3 percent, while the FTSE 100 hit a new all-time high of 7,261.16 points before paring back slightly to stand 0.2...

  • HONG KONG, Jan 10- Shares of Intime Retail Co Ltd were set to surge 38 percent when it resumes trade on Tuesday after Alibaba Group Holding Ltd joined forces with the founder of the department store operator to take it private for $2.6 billion. Intime's shares were set to open at HK $9.70. Alibaba Investment Ltd and Shen Guo Jun jointly offered to take Intime private...

  • *Britain's FTSE 100 hits another peak. The pan-European STOXX index slid 0.4 percent, while the FTSE 100 rose 0.4 percent after hitting an all-time high of 7,243.76 points in its 10th straight session of gains. "Domestic populist politics trumps the trade card for now, it seems and that is weighing on the pound, whilst simultaneously giving another boost to the...

  • TORONTO, Jan 9- Canada's main stock index fell in early trade on Monday, weighed down by energy stocks as oil prices fell and as shares in telecom companies also lost ground.

  • *Britain's FTSE 100 hits another peak. LONDON, Jan 9- European shares edged lower on Monday, while a rise among basic resources stocks helped Britain's FTSE 100 index hit a record high. The FTSE 100 gained 0.3 percent to 7,239.26 points, putting it on track for its tenth straight session of gains.

  • LONDON, Jan 9- European shares edged lower on Monday in early deals, though a rise among basic resources stocks helped Britain's FTSE 100 index hit a fresh record high. The FTSE 100 outperformed its continental peers, gaining 0.3 percent to hit a fresh all-time high of 7,239.26 points. Germany's Fresenius Medical was another top faller, down 3.4 percent after it...

  • *FTSE set for 5th week of gains. LONDON, Jan 6- The pan-European STOXX 600 index fell on Friday as commodity-related stocks dropped, but the benchmark stayed on track for its best weekly performance since the middle of December. Britain's commodity-heavy FTSE 100 index, trading 0.1 percent lower after hitting a record high the previous day, was on track for its...

  • Jan 6- Financial broker TP ICAP Plc said on Friday Donald Trump's victory in the U.S. presidential election and speculation over higher interest rates led to a surge in trading volumes in the final months of last year. Shares in the company, formed after Tullett Prebon bought ICAP's hybrid voice broking unit late last year, leapt more than 10 percent in early...

  • Shares of the company, which benefited from strong demand for its Gap and Old Navy brands, were up 8 percent at $25.14 in after-market trading on Thursday. The company has been revamping the Gap and Banana Republic brands, looking to replicate the success of the low-end Old Navy apparel. Gap, which is also shutting stores and reducing overhead costs, said it now...

  • Jan 5- Apparel retailer Gap Inc reported a surprise rise in December comparable sales, helped by strong demand for its Gap and Old Navy brands, a bright spot in the overall retail gloom. The company's shares rose 7.4 percent to $24.98 in after-market trading on Thursday. Gap, which is also shutting stores and reducing overhead costs, said it now expected full-year...

  • "The strength around Thanksgiving and Christmas was insufficient to offset the sales weakness in the balance of the quarter," Stifel, Nicolaus& Co analyst Richard Jaffe wrote. However, shares were up 4 percent after the company agreed to sell its Craftsman tools business to Stanley Black& Decker Inc for $900 million. The National Retail Federation forecast 2016...

  • Jan 5- Halozyme Therapeutics Inc said its flagship drug delivery technology in tandem with therapies from Celgene Corp and Eli Lilly and Co succeeded in a mid-stage study involving patients with an advanced form of pancreatic cancer. Shares of Halozyme were up 47.3 percent at $15.77 in trading before the opening bell on Thursday. Pancreatic cancer is the...

  • LONDON, Jan 5- European shares headed lower for a second straight session on Thursday after recent strong gains, with insurers leading the market lower after JP Morgan cut its rating for several companies in the sector. RSA Insurance fell 2.2 percent after JP Morgan downgraded the stock to "neutral" from "overweight", while Hannover Rueck fell 2.7 percent after the...

  • Jan 4- Department store chains Macy's Inc and Kohl's Corp cut their profit forecasts for the year on Wednesday, after holiday season sales for both retailers fell more than expected, pushing shares in the retail sector down in extended trading. Macy's shares were down 9.7 percent at $32.37 and Kohl's shares plunged 14.7 percent to $44.25 after hours.

  • Shares of Macy's fell 9 percent to $32.63 in extended trading. Kohl's Corp shares fell 14.8 percent to $44.22. Kohl's cut its adjusted profit forecast for the fiscal year ending Jan. 30 to $3.60- $3.65 per share from its previous forecast of $3.80- $4.00 per share.

  • DETROIT, Jan 4- U.S. sales of new cars and trucks hit a record high in 2016, automakers said on Wednesday, and investors bid up shares in the sector as strong consumer confidence and relatively low fuel prices bolstered the industry's outlook. Shares of General Motors Co rose 5.5 percent and Ford Motor Co 4.6 percent, far outpacing the wider Dow Jones Industrial...

  • TORONTO, Jan 4- Canada's main stock index rose to a fresh 20- month high on Wednesday as financial and industrial shares led a broad-based rally and Encana Corp jumped on an improved outlook. The most influential movers on the index included its biggest bank, Royal Bank of Canada, which rose 1.1 percent to C $92.50, and Encana, which gained 4.7 percent to C $16.81.