GO
Loading...

Enter multiple symbols separated by commas

CNBC Utilities Page Latest Business News Wires - Business Headlines

More

  • SAN FRANCISCO, March 27- The U.S. Fed Chair Janet Yellen said that after the first rate increase a further, gradual tightening in monetary policy will likely be warranted. "With continued improvement in economic conditions, an increase in the target range for that rate may well be warranted later this year," Yellen said in prepared remarks at a monetary policy...

  • *Traders weigh possibility of Iran nuclear deal by next week. Tehran eager to recover oil market share lost due to sanctions. NEW YORK, March 27- Oil tumbled 5 percent on Friday, erasing the previous session's gains, as Yemen's conflict looked less likely to disrupt Middle East crude shipments and investors turned their focus to talks for a potential Iran nuclear...

  • WATERLOO, Ontario, March 27- BlackBerry Ltd is likely to see a part of its targeted software revenue growth in the coming fiscal year come from the acquisition of companies that will allow it to sell more value-added services, Chief Executive John Chen said on Friday. "Now that we have a cash generation capability, we are going to invest and some of the growth is going...

  • CRUDE DOWN $3 A BARREL FOCUSING ON IRAN NUCLEAR TALKS.

  • US 30- YEAR TREASURY BONDS EXTEND PRICE GAINS TO A FULL POINT BEFORE YELLEN SPEECH, YIELDS FALL TO 2.53 PCT.

  • BRENT CRUDE FUTURES SETTLE AT $56.41/ BBL, DOWN $2.78 OR 4.7 PERCENT.

  • *U.S. CRUDE FUTURES SETTLE AT $48.87/BBL, DOWN $2.56 Friday, 27 Mar 2015 | 2:47 PM ET
  • NEW YORK, March 27- The macaroni and ketchup merger of Kraft Foods Group and H.J. Brazilian private equity firm 3 G Capital Partners and Warren Buffett's Berkshire Hathaway announced a $46 billion deal to consolidate the companies Wednesday, one that will create the No. 3 packaged food maker in North America after PepsiCo and Nestle USA.. That should take some...

  • US TREASURY YIELDS FALL TO SESSION LOWS BEFORE YELLEN SPEECH, 10- YEAR NOTE YIELDS FALL TO 1.95 PCT.

  • More than a dozen senior insurance executives met Fed Governor Dan Tarullo on Feb. 6 to pitch a two-step process for launching nationwide insurance rules, according to records of the meeting by Dirk Kempthorne, who heads the American Council of Life Insurers, an industry group. Tarullo, the Fed's top Wall Street regulator, did not indicate whether he was open to...

  • CRUDE DOWN $2 IN PRE-SETTLEMENT TRADE, EXTENDS SLIDE AFTER BRENT DEEPENS LOSS.

  • *Dow Chemical to spin off unit, merge it with Olin. *Fed Chair Janet Yellen to speak shortly before the closing bell. NEW YORK, March 27- U.S. stocks were flat on Friday, with the S&P 500 on track for its worst week since late January, ahead of a speech by Federal Reserve Chair Janet Yellen that could create a volatile close on Wall Street.

  • *Lead posts 5 pct monthly gain on China demand. LONDON, March 27- Copper tracked losses in oil and fell to its lowest level of the week on Friday as traders waited for comments from the Federal Reserve, but the metal still clocked up its third straight weekly gain helped by mine closures in key producer Chile. Oil fell as fears about the disruption of Middle East crude...

  • March 27- The number of rigs drilling for oil in the United States declined by 12 this week to 813, the smallest decline since December, oil services firm Baker Hughes said in its closely watched survey on Friday. With the decline this week, the number of oil rigs has fallen for a record 16th week in a row to the lowest level since 2011, according to Baker Hughes data...

  • BENGHAZI, Libya, March 27- Forces loyal to a rival Libyan government controlling the capital Tripoli have withdrawn from frontline bases near the country's biggest oil ports, a spokesman said on Friday, raising hopes the ports might soon be reopened. A Tripoli official said the internationally recognised government and the rival administration, which have...

  • *Success would establish Riyadh as leader of Sunni states. RIYADH, March 27- Saudi Arabia's campaign to stop the Houthis from ruling over Yemen could define its role in the Middle East for years and shape its regional struggle with the rebels' ally Iran. Success would establish Riyadh as de facto leader of the region's Sunni states it has pulled together in a...

  • March 27- Not so long ago, advanced drillships costing more than half a billion dollars each and capable of operating in ever-deeper waters practically guaranteed big profits for oil-rig operators. Drillship operators face a more brutal hit to margins than they did after the oil-price crash of 2008 because of the huge cost of maintaining the more than $10...

  • They're not inclined to cut anyone else's salary, "said Barney Frank, the retired Massachusetts congressman, in a recent telephone interview. Frank cited leaders of top asset managers including BlackRock Inc, Vanguard Group and Fidelity Investments, which are often among the largest shareholders of S&P 500 companies. A spokesman for BlackRock said its team...

  • More than a dozen senior insurance executives met Fed Governor Dan Tarullo on Feb. 6 to pitch a two-step process for launching nationwide insurance rules, according to records of the meeting by Dirk Kempthorne, who heads the American Council of Life Insurers, an industry group. While precise estimates are lacking because the rules are still unknown, Bank of...