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CNBC Utilities Page Companies

  • OSLO, Dec 5- Budget carrier Norwegian Air Shuttle aims to order more aircraft from producers Boeing and Airbus after its Irish subsidiary received long-awaited flying rights from U.S. authorities, the company's Chief Executive told Reuters. "There is no doubt we'll need even more planes after this," Bjoern Kjos said in an interview. Shares of Norwegian Air jumped...

  • SYDNEY, Dec 5- The euro sank to 20- months lows in Asia on Monday after Italian Prime Minister Matteo Renzi said he would resign in the wake of a stinging defeat on constitutional reform that could destabilize the country's shaky banking system. The single currency dived as far as $1.0505 in thin trade, after starting around $1.0645 earlier.

  • *Dubai outperforms as it catches up with region. DUBAI, Dec 4- Most stock markets in the Gulf rose on Sunday as investors cheered a rally in crude oil prices, while foreign buyers continued to support Egypt's index. But a string of positive events over the last several weeks- principally the government's $17.5 billion international bond sale, its promise to settle...

  • SAO PAULO, Dec 2- Shares in Braskem SA soared 10 percent in their biggest intraday gain in more than two months on Friday after Latin America's largest petrochemical firm said it is in advanced talks with authorities in Brazil and the United States for a leniency agreement related to a massive corruption scandal. On Thursday, Braskem's parent Odebrecht SA...

  • BUZZ-AMBARELLA INC: BIGGEST PCT LOSS IN MORE THAN 8 MONTHS@** Video processing chip maker's shares down as. much as 9.53 pct at $55.5; biggest intraday pct loss in more than 8 months. **At least 3 brokerages cut PTs; Roth Capital makes the biggest cut by $10 to $70; median PT is $75.

  • SHARES IN HOUSEBUILDER BERKELEY RISE 4 PCT AFTER PROFITS RISE.

  • SHANGHAI, Dec 2- China's blue-chip CSI300 Index advanced for the 8th straight week, although it fell on Friday and gains were capped by resources shares amid an extended pullback in commodities market. China United Network Communications tumbled 6.7 percent, retreating from a 15- month high, after the company denied media reports that its mixed-ownership...

  • Dec 1- Starbucks Corp co-founder Howard Schultz will step down as chief executive to focus on new high-end coffee shops, handing the top job to Chief Operating Officer Kevin Johnson, a long-time technology executive. "Having him step down as CEO raised the anxiety level," said Stephens analyst Will Slabaugh, who said that Schultz is the heart and soul of the brand,...

  • Dec 1- Starbucks Corp on Thursday said Howard Schultz will step down as chief executive to focus on its high-end coffee shops as Chief Operating Officer Kevin Johnson takes over as CEO. Starbucks shares were down 3.9 percent at $56.25 in after-market trading on Thursday. Schultz has been the shareholders' darling at the Seattle- based company.

  • TORONTO, Dec 1- Canada's main stock index fell on Thursday, pulling back from an earlier near 18- month high as a jump in bond yields pressured defensive stocks, offsetting further gains for energy shares as oil rallied. Investors may be "beginning to think that there is a limit to how high the stock market can continue going up if bond rates also continue to go up," said...

  • Dec 1- Starbucks Corp said Howard Schultz will be stepping down as chairman and chief executive officer of the coffee chain, but will continue as executive chairman. Chief Operating Officer Kevin Johnson will replace Schultz as chief executive effective April 3, 2017. Shares of the company were down 4 percent in after hours trading on Thursday.

  • Dec 1- Starbucks Corp said Howard Schultz will be stepping down as chairman and chief executive officer of the coffe chain, but will continue as executive chairman. Chief Operating Officer Kevin Johnson will replace Schultz as chief executive effective April 3, 2017. Shares of the company were down 4 percent in after hours trading on Thursday.

  • WASHINGTON, Dec 1- Carnival Corp's Princess Cruise Lines will plead guilty to seven felony charges for polluting the seas and deliberate acts to cover it up, and pay a record $40 million criminal penalty, the U.S. Justice Department said on Thursday. Shares of Carnival, the world's largest cruise operator, were down more than 2 percent at $50.29 in midday trading on...

  • Cincinnati, Ohio- based Kroger said it now expects this fiscal year's adjusted per share profit to be $2.10 to $2.15, down from its prior forecast of $2.10 to $2.20. Shares in the company, whose supermarket brands also include Ralphs and Fred Meyer, were up 0.9 percent to $32.58 in midday trading after that revised forecast essentially matched analysts' estimate...

  • WASHINGTON, Dec 1- Carnival Corp's Princess Cruise Lines will plead guilty to seven felony charges of polluting the seas and trying to cover it up, and pay a record $40 million criminal penalty, the U.S. Justice Department said on Thursday. Shares of Carnival, the world's largest cruise operator, were down 1.8 percent at $50.50 in late-morning trading on the New...

  • Dec 1- Discount retailer Dollar General Corp reported a surprise drop in quarterly comparable sales and tempered its full-year profit forecast, hit by lower grocery prices and reduced food stamp coverage in several U.S. states. The company's shares were down 7.3 percent at $71.67 in morning trading on Thursday. "It became apparent that our incremental actions...

  • The company's shares fell 4 percent to $31 in premarket trading on Thursday. Net income attributable to the company fell to $391 million, or 41 cents per share, in the third quarter ended Nov. 5 from $428 million, or 43 cents per share, a year earlier. Kroger's net sales rose 5.9 percent to $26.56 billion.

  • *OPEC deal sends oil prices soaring. *$2 trillion global bond rout since U.S. election. LONDON, Dec 1- Oil swept to a six-week high on Thursday, lifting energy shares in its slipstream, after OPEC agreed to cut crude output to clear a glut, while bond yields rose on prospects that resulting inflationary pressures will lead to higher interest rates.

  • PARIS, Dec 1- Shares in artificial heart maker Carmat slumped on Thursday after France's national drugs agency ordered it to suspend further implants following the death of a patient in October. Carmat shares were down by 18.5 percent at 27.50 euros in morning trading, with around 40 million euros wiped off its stock market value. Carmat Chief Executive...

  • Shares of Petróleo Brasileiro SA, as the company is formally known, jumped 9.14 percent, by far the biggest gainer in Brazil's benchmark Bovespa stock index. The move came as oil futures soared more than 10 percent after some of the world's largest oil producers agreed to curb oil output for the first time since 2008. Mexico's peso firmed slightly, edging up 0.19...