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CNBC Utilities Page Companies

  • TOKYO, Feb 28- Asian shares edged up on Tuesday, on track for a winning month and bolstered by gains on Wall Street as investors awaited a speech by U.S. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent, up 3.6 percent this month nearly 10 percent for the year so far. Australia's S&P/ASX 200 index was up 0.4 percent as financial shares...

  • LAFAYETTE, La. _ PHI Inc. on Monday reported a fourth-quarter loss of $17.1 million, after reporting a profit in the same period a year earlier. PHI Inc. shares have declined 14 percent since the beginning of the year. Keywords: PHI Inc., Earnings Report.

  • BUDAPEST, Feb 27- Hungarian stocks rebounded on Monday after two days of retreat from record highs for Budapest's main stock index, in the first session of a week loaded with economic data releases. Heavily weighted Central European bank stocks were mixed but shares in Hungary's biggest lender, OTP firmed half a percent, after a plunge from almost 10- year highs...

  • 8 x8 shares rose as much as 14 percent on the news and ended trading up 10 percent at $16.15 in New York on Friday, giving the company a market capitalization of close to $1.5 billion. Based in San Jose, California, 8 x8 competes with companies in the so-called voice over internet protocol sector, including RingCentral Inc, Vonage Holdings Corp and Shoretel Inc..

  • *Pretax statutory profit $409 mln tops $366 mln consensus. *$215 mln loss from stake in Indonesia bank unit. LONDON/ HONG KONG, Feb 24- Standard Chartered shares fell by 3 percent on Friday as the lender returned to profit but held off on paying a dividend as it grapples with costs from Chief Executive Bill Winters's restructuring program.

  • *Yuan flat after Trump calls China "grand champions" of FX manipulation. TOKYO, Feb 24- Asian shares took a breather on Friday, slipping from 1-1/ 2- year highs as material shares were hit by sudden falls in copper and other commodity prices while investors assessed Washington's stance on tax and currency policies. European shares are expected to be soft, with...

  • *Yuan flat after Trump calls China "grand champions" of FX manipulation. TOKYO, Feb 24- Asian shares took a breather on Friday, slipping from 1-1/ 2- year highs as material shares were hit by sudden falls in copper and other commodity prices while investors assessed Washington's stance on tax and currency policies. And he has said a strong dollar is in U.S. interests, "...

  • PALO ALTO, Calif.— Shares in Hewlett Packard Enterprise Co. tumbled in after-market trading Thursday after the company said it is facing "significant headwinds" that will slow its profits this year. The Palo Alto, California- based company's stock fell $1.41, or 5.7 percent, to $24.66 in extended trading. HPE said it now expects its adjusted profit to be between...

  • Feb 23- U.S. natural gas producer Chesapeake Energy Corp on Thursday posted a smaller fourth-quarter loss than a year earlier, when it took huge charges to write down the value of some oil and gas assets. At noon, shares in Chesapeake were down more than 7 percent at $5.49. Chief Executive Doug Lawler said on a conference call, "We will be working to accelerate our...

  • LONDON/ MILAN, Feb 23- European shares fell slightly on Thursday, weighed down by a pull-back in banking and mining stocks in a day where trading activity was dominated by a raft of company earnings. Losses in Barclays and in HSBC, which continued its slide after a disappointing update earlier this week, resulted in a 1 percent fall for Europe's banking index.

  • NEW YORK— Stocks wobbled Thursday as investors changed course and tempered their expectations for faster economic growth. Industrial companies, which have surged over the last few months, finished lower as Wall Street focused on gold, bonds, and companies that pay big dividends. Industrial companies have made big gains since November as investors expect the...

  • TORONTO, Feb 23- Canada's main stock index rose on Thursday as energy company stocks were boosted by gains in oil prices, while higher prices for bullion lifted shares of gold miners. The energy group climbed 1.3 percent, as oil prices rose more than $1 a barrel after U.S. data showed a surprise decline in inventories, suggesting a global glut may be ending after...

  • Feb 23- Boston Scientific Corp said on Thursday it was recalling its Lotus Valve heart devices, citing reports of problems with the locking mechanism, sending its shares down 8 percent in premarket trading. Boston Scientific had suspended implants of another valve system, Lotus Edge, in Europe last October over similar concerns. The company said it continues to...

  • Shares of Kohl's were up about 2 percent at $42.55 in premarket trading. "We saw improvement in merchandise margin, and our team continued to manage inventory and expenses extremely well," Kohl's Chief Executive Kevin Mansell said in a statement. Kohl's said on Thursday that its full-year sales could fall 1.3 percent or grow 0.7 percent, which translates to sales...

  • SYDNEY/ WELLINGTON Feb 23- Qantas Airways Ltd and Air New Zealand Ltd reported first-half profit declines as an expansion in capacity by rivals hit international airfares, but both airlines said they expect the fierce competition to moderate. Shares in the carriers climbed as Air New Zealand said it was already seeing a reduction in flights by Chinese...

  • TORONTO, Feb 22- Canada's main stock index fell the most in three weeks on Wednesday, pulling back from a record high set the day before, as lower commodity prices weighed on shares of energy and materials companies. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 92.15 points, or 0.58 percent, at 15,830.22. Six of the index's 10 main...

  • SAN FRANCISCO, Feb 22- Shares of Tesla were down almost 1 percent on Wednesday ahead of the electric car maker's first quarterly report following its $2.6 billion acquisition of solar panel installer SolarCity. Wall Street estimates for Tesla's fourth-quarter loss per share vary widely, potentially due in part to the deal. More recently, the Silicon Valley...

  • TORONTO, Feb 22- Canada's main stock index fell on Wednesday, pulling back from a record high hit the day before, as lower commodity prices weighed on shares of energy and materials companies and domestic retail sales fell the most in nine months. At 11:03 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index fell 43.87 points, or 0.28 percent, to 15,878.50.

  • TORONTO, Feb 22- Canada's main stock index fell on Wednesday, pulling back from a record high the day before, as lower oil prices weighed on the shares of energy companies. The Toronto Stock Exchange's S&P/TSX composite index was down 26.47 points, or 0.17 percent, at 15,895.90, shortly after the open. Eight of the index's 10 main groups were lower.

  • As the most exposed among the major British banks to any downturn in the British economy, with 97 percent of its business in the UK, Lloyds has confounded expectations that last year's vote to quit the European Union would squeeze profits. Shares in Britain's biggest mortgage lender rose 3.8 percent by 0902 GMT, the best performing stock in the benchmark FTSE 100...