Enter multiple symbols separated by commas

CNBC Utilities Page Latest Business News Wires - Business Headlines


  • II-VI fiscal 1Q net income falls 32 pct Tuesday, 23 Oct 2012 | 11:03 AM ET

    SAXONBURG, Pa.-- II-VI Inc. posted a 32 percent decline in net income for the first quarter as customers delayed orders for engineered materials and optical components in the shaky global economy. The company earned $12.7 million, or 20 cents per share, down from $18.7 million, or 30 cents per share, in the same quarter last year.

  • NH testing fish for radiation levels Tuesday, 23 Oct 2012 | 11:03 AM ET

    CONCORD, N.H.-- New Hampshire health officials are testing fish in various parts of the state to see if there are elevated levels of radiation following a 2010 tritium leak at Entergy Corp.' s Vermont Yankee nuclear plant.

  • Jakks-Pacific's 3rd-qtr profit falls 13 percent Tuesday, 23 Oct 2012 | 11:01 AM ET

    NEW YORK-- Toy company Jakks-Pacific Inc. reported a 13 percent drop in third-quarter net income as it grappled with costs of fighting off a take-over attempt and weak sales. The company, which makes toys under such brands as Cabbage Patch Kids and Hello Kitty, said it earned $30.4 million, or $1.10 per share in the three months ended Sept. 30.

  • EEOC wins pension lawsuit against Baltimore Co. Tuesday, 23 Oct 2012 | 11:00 AM ET

    BALTIMORE-- A federal judge has ruled that Baltimore County's pension system discriminated against beneficiaries because older workers were required to pay more toward their retirement than younger workers. District Judge Benson Everett Legg agreed that the county system violated the Age Discrimination in Employment Act.

  • Dubai's Emaar profits dip in summer slowdown Tuesday, 23 Oct 2012 | 10:58 AM ET

    DUBAI, United Arab Emirates-- The Dubai- based developer of the world's tallest building reported a nearly 5 percent drop in net profit Tuesday, citing a seasonal slowdown, but said the balance sheet for the year remained strong.

  • 3 new members named to Pulitzer Prize board Tuesday, 23 Oct 2012 | 10:58 AM ET

    Columbia University, which administers the prizes, announced Tuesday that Steve Coll, Quiara Alegria Hudes and Aminda Marques Gonzalez were joining the board. Pulitzer Prize-winning journalist and author Coll is a staff writer for The New Yorker magazine.

  • AIG agrees to pay $11M to Illinois, other states Tuesday, 23 Oct 2012 | 10:56 AM ET

    CHICAGO-- Illinois will share part of an $11 million payment as part of an agreement with insurance giant American International Group Inc.. The announcement was made Monday by Illinois Department of Insurance Director Andrew Boron. Illinois was among seven lead states that started discussions with the company.

  • SBA to close Isaac recovery centers Tuesday, 23 Oct 2012 | 10:54 AM ET

    NEW ORLEANS-- The U.S. Small Business Administration will close three recovery centers in Louisiana that were opened to help residents affected by Hurricane Isaac.

  • Markets on defensive amid US unease Tuesday, 23 Oct 2012 | 10:54 AM ET

    LONDON-- Stocks suffered one of their worst sessions in weeks on Tuesday following another batch of weak U.S. corporate earnings and uncertainty over the outcome of the race for the White House. Downbeat updates on Tuesday from chemical company DuPont and manufacturer 3 M added to the prevailing uncertainty.

  • Sept. a good month for Wis., Minn. dairy farmers Tuesday, 23 Oct 2012 | 10:51 AM ET

    MADISON, Wis.-- September was a good month for dairy farmers in Wisconsin and Minnesota, where gains in milk production were among the best in the nation. The U.S. Department of Agriculture says Wisconsin harvested 2.2 billion pounds last month. Wisconsin is the nation's second-leading milk producer behind California.

  • Stocks hammered by weak earnings reports Tuesday, 23 Oct 2012 | 10:50 AM ET

    3 M, which makes everything from Scotch tape to coatings for LCD screens and is an economic bellwether, reduced its profit expectations for this year because of "current economic realities." Xerox plunged 8 percent, or 56 cents, to $6.47.

  • Southwest to fly from Portland to Baltimore Tuesday, 23 Oct 2012 | 10:49 AM ET

    PORTLAND, Maine-- Southwest Airlines Co. says it will fly to Baltimore-Washington International Airport when it begins service next spring out of Portland, Maine. The airline says it will initially offer nonstop flights each day between Portland International Jetport and Baltimore-Washington when it starts flying out of Portland on April 14.

  • EU needs another $11.7 billion for 2012 budget Tuesday, 23 Oct 2012 | 10:45 AM ET

    STRASBOURG, France-- The European Commission says an additional 9 billion is needed to meet all of the EU's commitments in the 2012 budget. But 5.9 billion will have to come from member states, some of whom are cutting their budgets because of Europe's financial crisis.

  • United Tech operating profit, 3Q 2012 vs. 3Q 2011 Tuesday, 23 Oct 2012 | 10:42 AM ET

    HARTFORD, Conn.-- Third-quarter operating profit, United Technologies Corp. businesses, change from 3 Q 2011:. 2012 2011 Change Percent change. UTC Aerospace 271 204 67 33.

  • Wegmans recalls a brownie mix over undeclared milk Tuesday, 23 Oct 2012 | 10:36 AM ET

    ROCHESTER, N.Y.-- Wegmans Food Markets Inc. says it's recalling a brownie mix after reports from two consumers about allergic reactions to undeclared milk in the product.

  • On the Call: 3M CFO says outlook cautious Tuesday, 23 Oct 2012 | 10:36 AM ET

    3 M Co.' s industrial and transportation division is its biggest, and like a lot of 3 M's other businesses it tracks the economy's ups and downs. On 3 M's conference call on Tuesday, its executives were asked what demand they're seeing in that area.

  • Some laid-off Aberdeen workers called back Tuesday, 23 Oct 2012 | 10:36 AM ET

    ABERDEEN, S.D.-- A wind turbine blade manufacturer in Aberdeen has called back 15 of the 92 employees who were laid off last month, after receiving new orders. Molded Fiber Glass has received orders from the General Electric Co. for the 40- meter blade that it normally makes and also for a new, larger blade, Plant Manager Dave Giovannini told the American News.

  • Chinese landscaping reps touring W.Va. Tuesday, 23 Oct 2012 | 10:35 AM ET

    CHARLESTON, W.Va.-- West Virginia agriculture officials are hosting a delegation from China. The West Virginia Department of Agriculture is teaming up with the state's Nursery and Landscape Association to host the delegation. A reception was held Monday night in Charleston following a tour of a nursery operation in Mason County.

  • NY's Reservoir State Park gets $6M in upgrades Tuesday, 23 Oct 2012 | 10:34 AM ET

    NIAGARA, N.Y.-- A Niagara County park has gotten a $6 million facelift. New York state parks officials and representatives from the New York Power Authority will cut the ribbon Tuesday on improvements at Reservoir State Park. Part of the 133- acre park overlooks NYPA's Robert Moses Power Plant Reservoir, a favorite fishing spot.

  • WVU gets $400K for rural health care outreach Tuesday, 23 Oct 2012 | 10:33 AM ET

    MORGANTOWN, W.Va.-- The Institute for Community and Rural Health at West Virginia University is getting $400,000 for programs designed to help reduce obesity and curb deaths from stroke and heart disease.