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CNBC Utilities Page Companies

  • *Same store sales in China recover. BERLIN, Nov 2- Shares in Hugo Boss rose nearly 7 percent on Wednesday after it announced a recovery in sales in China and higher cost savings as new boss Mark Langer sets out to revive the struggling German fashion house. Lahrs quit in February as Hugo Boss sales slumped in the United States and China, prompting new CEO Langer, the...

  • SAN FRANCISCO/ NEW YORK Nov 1- The long-awaited merger between Gannett Co Inc, the publisher of USA Today, and Tronc Inc, the publisher of the Chicago Tribune and the Los Angeles Times, fell apart on Tuesday after months of talks. Tronc, whose shares closed down more than 12 percent at $10.54, said on Tuesday that a deal was agreed upon in mid-September with Gannett, but...

  • TORONTO, Nov 1- Canada's main stock index ended barely lower on Tuesday as heavyweight financial and industrial stocks weighed and gold miners benefited from safe-haven demand for precious metals ahead of next week's U.S. election. Shares in Valeant Pharmaceuticals International Inc jumped 30.2 percent to C $31.18 after The Wall Street Journal reported...

  • SAN FRANCISCO, Nov 1- Shares of Tesla Motors Inc and SolarCity Corp tumbled on Tuesday ahead of expected financial details from the electric carmaker on a pending $2.6 billion merger that has been met with widespread investor skepticism. Shares of Tesla were down 4.1 percent in afternoon trading to $189.60 and shares of solar panel installer SolarCity were...

  • Chicago- based ADM and agribusiness rivals such as Bunge Ltd and Cargill Inc make money buying, selling, storing, transporting and processing grains and oilseeds around the world. Export sales of corn and soybeans from the United States, home to the bulk of ADM's assets, were well ahead of the normal pace in the third quarter due to crop shortages in South America.

  • TORONTO, Nov 1- Canada's main stock index rose on Tuesday as safe-haven demand for precious metals supported mining shares. The most influential movers on the index were Barrick Gold Corp, which jumped 4.1 percent to C $24.56, and Franco Nevada Corp, which advanced 2.5 percent to C $89.97. Canada's second-largest carrier reported a higher-than-expected...

  • *Q3 pretax profit $458 mln vs $139 mln loss Q3 2015. LONDON, Nov 1- Standard Chartered chief executive Bill Winters branded its income and profit unacceptable on Tuesday as below-forecast third quarter results and confirmation of a Hong Kong investigation underlined the challenges his overhaul faces. Rivals more focused on the United States and Europe have...

  • TORONTO, Oct 31- Canada's benchmark stock index ended a touch higher on Monday as gold miners gained, but energy stocks fell and Valeant Pharmaceuticals International Inc slumped on a report its former executives are the focus of a U.S. criminal probe. "Part of this is just letting a little bit of that enthusiastic air out of the balloon," said Craig Fehr, Canadian...

  • Oct 31- U.S. prosecutors are focusing on Valeant Pharmaceuticals International Inc's former chief executive and chief financial officer as they build a fraud case against the drugmaker, Bloomberg reported. Valeant's U.S.-listed shares tumbled 5.5 percent to $19.23. Earlier this year Laval, Quebec- based Valeant replaced its long-time CEO Michael Pearson...

  • SAO PAULO, Oct 31- Brazilian planemaker Embraer SA is on track for stronger profits next year due to a downsized workforce, a leaner business jet unit and a focus on higher-margin client services, the company's new chief executive said on Monday, driving shares higher. Embraer shares in Sao Paulo rose nearly 6 percent, on track for their best day in nine months,...

  • Nelson Peltz

    Nelson Peltz's Trian Fund Management invested $2.5 billion in GE a year ago.

  • Oct 31- Telecom company CenturyLink Inc said on Monday it would buy Level 3 Communications Inc in a cash-and-stock deal with an equity value of about $24 billion to expand its fiber optic network and high-speed data services. Level 3 shares were up about 5.5 percent at $57 in premarket trading while CenturyLink's shares were down 11.2 percent at $27.

  • Oct 31- Telecom company CenturyLink Inc said on Monday it would buy Level 3 Communications Inc in a cash-and-stock deal for an equity value of $19.43 billion to expand its fiber optic network and high-speed data services. Level 3 shares were up about 5.5 percent at $57 in premarket trading while CenturyLink's shares were down 11.2 percent at $27.

  • Oct 31- Telecom company CenturyLink Inc said on Monday it would buy Level 3 Communications Inc in a cash-and-stock deal for equity value of $19.43 billion to expand its fiber optic network and high-speed data services. CenturyLink will offer $26.50 in cash and 1.4286 of its shares for each Level 3 share held. Level 3' s shares were up 3.9 percent at $56.15 in light...

  • TOKYO, Oct 31- Monthly trading volume plunged to a four-year low on the Tokyo Stock Exchange's main board and turnover hit its lowest for this year in October as liquidity was capped by the Bank of Japan's scheme to buy exchange-traded funds, traders said. Just 34.29 billion shares changed hands on the first section in October, the lowest since September 2012, TSE...

  • TOKYO, Oct 31- Monthly trading volume plunged to a four-year low on the Tokyo Stock Exchange's main board and turnover hit its lowest for this year in October as liquidity was capped by the Bank of Japan's scheme to buy exchange-traded funds, traders said. Just 34.29 trillion shares changed hands on the first section in October, the lowest since September 2012, TSE...

  • People sort through packages next to a ZTO Express delivery vehicle outside an office building in Beijing, China>

    ZTO'S lackluster NYSE debut reflects the level of fear and uncertainty hanging over markets, according to Ridgeworth Investments.

  • Walter 'Walt' Bettinger, president and chief executive officer of Charles Schwab.

    TD Ameritrade has more of its business tied to transaction fees, but Charles Schwab has diversified away from that, CEO Walt Bettinger said.

  • at&t location

    Moody's is reviewing AT&T's credit rating, but analyst David Burks thinks AT&T is still attractive and will be able to manage its debt.

  • Traders on the floor of the New York Stock Exchange.

    Eight companies in the Standard & Poor's 500 index are expected to have lost $100 million in 3Q, reports USA Today.