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CNBC Utilities Page Companies

  • Airbus A380-800, manufactured by Airbus SAS and operated by Qatar Airways and Etihad Airways.

    American Airlines is ending code share agreements with Etihad Airways and Qatar Airways.

  • TEL AVIV, July 12- Israel- based Teva Pharmaceutical Industries is expected to name Anglo-Swedish group AstraZeneca's Chief Executive Pascal Soriot as Teva's next CEO, the Calcalist financial news website said on Wednesday. Chief Financial Officer Eyal Desheh also resigned at the end of June. Shares in Teva were up 3.4 percent at $32.02 in late New York trade,...

  • NEW YORK, July 12- Minnesota filed a lawsuit against telecommunications provider CenturyLink Inc alleging the company charged customers more than they agreed to pay for internet and cable services, the state's Attorney General Lori Swanson said in a statement, sending its shares down on Wednesday. CenturyLink shares fell 2.4 percent to $22.69 in afternoon...

  • Shares of the No.1 U.S. airline rose as much as 3.6 percent, while those of United Airlines Holdings Inc were up 4.2 percent in afternoon trading. Unit revenue- which compares sales to flight capacity- is expected to increase by about 5 percent to 6 percent in the second quarter, compared with a 3.5 percent to 5.5 percent rise estimated earlier, American Airlines...

  • July 12- NRG Energy Inc said it would raise as much as $4 billion through asset sales and slash debt by $13 billion, sending its shares surging 21 percent to a near two-year high on Wednesday. The largest independent U.S. power producer plans to significantly slash costs, as part of an agreement with activist investors Elliott Management and Bluescape Energy...

  • July 12- Hong Kong's benchmark stock index rose for the third straight day on Wednesday to a two-year closing high, bolstered by China fund flows and investors' bargain hunting for blue chips. The market was firm even as Hong Kong's second board for start-ups fell to another record low and as investors braced for a possible hawkish policy stance ahead of the Bank...

  • TORONTO, July 11- Canada's main stock index rose on Tuesday as higher commodity prices boosted the shares of resource companies, while investors awaited the Bank of Canada's interest rate decision on Wednesday which could produce the first increase since 2010.. "It sends a clear message to international investors that the Canadian economy is doing fine," said...

  • TORONTO, July 11- Canada's main stock index rose on Tuesday as higher commodity prices boosted the shares of resource companies, while investors awaited the Bank of Canada interest rate decision on Wednesday which could produce the first hike since 2010.. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 43.86 points, or 0.29...

  • A user scans for an available vehicle using the Uber's app on a smartphone in London.

    Taxi app Uber said Tuesday it will be improving an offer to drivers and would welcome greater legal clarity about different types of employment in Britain.

  • July 11- Oil producer Halcon Resources Corp said on Tuesday it would sell assets it operates in the Williston Basin to Bruin E&P Partners for $1.4 billion in cash, as it looks to focus on the more lucrative Delaware Basin. "The sale of our Williston Basin operated assets transforms Halcon into a single-basin company focused on the Delaware Basin where we have more...

  • BEIJING— China's biggest shipping company, state-owned COSCO Shipping Holdings Co., is creating the world's No. 3 container shipping giant by acquiring rival Orient Overseas Ltd.. On Monday, COSCO's shares traded in Hong Kong jumped 4.7 percent while Orient Overseas' shares soared 19.5 percent. Adding Orient Overseas would give it market share of 11.7 percent,...

  • SINGAPORE, July 11- Singapore state investor Temasek Holdings reported a nearly 14 percent jump in its portfolio value to a record S $275 billion last year, bolstered by gains in shares of Chinese banks and of its mainstay Singapore companies. The gains in the portfolio for the year to March 31, 2017 compared with a 9 percent decline in its assets a year ago.

  • NEW YORK, July 10- Amazon.com shares rose on Monday ahead of the world's largest online retailer's own version of Black Friday, while its new service to help set up' smart homes' weighed on rival Best Buy Co Inc.. "Prime Day is the big overriding story and what's moved the stock up today," said Trip Miller, managing partner at Gullane Capital Partners in Memphis,...

  • July 10- Snap Inc shares slipped below their initial public offering price of $17 for the first time on Monday, signaling waning investor confidence in the social media company's growth potential as it faces fierce competition. The stock fell as low as $16.95 in late afternoon trading before closing at $16.99 on the New York Stock Exchange, down 1.1 percent.

  • July 10- Snap Inc shares fell below their initial public offering price of $17 per share on Monday for the first time, highlighting a lack of confidence in the social media company, which faces fierce competition. The stock fell as low as $16.95 before closing at $16.99 on New York stock Exchange. But many on Wall Street are critical of its high valuation and slowing...

  • *Dana Gas pulls Abu Dhabi down. DUBAI, July 10- Middle East markets followed global shares higher on Monday and Saudi Arabia's stock index was bolstered by strong quarterly reports and dividend announcements. In Saudi Arabia, shares of United Electronics Company surged by their 10 percent daily limit to 36.90 riyals, their highest close since January 2016.

  • July 10- Abercrombie& Fitch Co said on Monday it terminated talks about a potential sale following a review, sending the teen apparel retailer's shares down more than 10 percent in premarket trading. Rival American Eagle Outfitters Inc and private-equity firm Cerberus Capital Management were working on a joint bid, the Wall Street Journal reported in May.

  • CHICAGO, July 7- Sears Holdings Corp is closing eight of its namesake department stores and 35 Kmart locations as part of its effort to cut costs and square footage to return to profitability, Chief Executive Officer Eddie Lampert said on Friday. The company said in February it would cut costs this year by at least $1 billion. Shares of Sears were down 3 percent at...

  • TORONTO, July 6- Canada's benchmark stock index fell on Thursday in a broad retreat, with Tahoe Resources Inc plunging after its license to operate in Guatemala was suspended and Toronto housing data weighing on the financial sector. Tahoe's Canada- listed shares ended down 33.2 percent at C $7.19 as the company said the suspension of operations at its flagship...

  • MEXICO CITY, July 6- Yields on Mexican interest rate swaps rose on Thursday after minutes from the central bank's last meeting suggested it may not be finished hiking interest rates and could copy any further hikes by the U.S. Meanwhile, Brazil's stocks and currency slipped on lingering concerns over a political crisis, but shares of power utilities rallied due...