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CNBC Utilities Page Wires


  • BRIEF-Mission Marketing buys balloon dog agency Friday, 12 Oct 2012 | 2:18 AM ET

    LONDON, Oct 12- Mission Marketing Group PLC:. *Acquisition, placing and board appointment. *acquired Friars 573 Ltd, trading as balloon dog, for up to  £3.2 million.

  • PRESS DIGEST - Wall Street Journal - Oct 12 Friday, 12 Oct 2012 | 2:18 AM ET

    is in talks to buy a significant stake in Sprint Nextel Corp, the ailing U.S. wireless carrier said. A deal would offer a multibillion-dollar lifeline that could help Sprint finance future mergers of its own and better compete with its much bigger and richer rivals.

  • Czech Republic - Factors To Watch on Oct 12 Friday, 12 Oct 2012 | 2:18 AM ET

    PRAGUE, Oct 12- Here are news stories, press reports and events to watch which may affect Czech financial markets on Friday. DRUZHBA: European refiners linked to the Druzhba pipeline risk being starved of Russian oil as producers explore new export routes, an executive at Gazprom's trading arm said on Thursday.

  • TABLE-India's Sept CPI inflation at 9.73 pct y/y Friday, 12 Oct 2012 | 2:17 AM ET

    NEW DELHI, Oct 12- India's annual consumer price inflation. India's retail inflation is the highest among the BRICS group of emerging economies- Brazil, Russia, China, and South Africa- and is way above what the Reserve Bank of India calls its comfort level.

  • LONDON, Oct 12- GW Pharmaceuticals PLC:. *Positive German sativex data presented at ectrims. *confirms clinically relevant benefits in Multiple Sclerosis Spasticity.

  • BERLIN, Oct 12- The German government will raise its 2012 economic growth forecast to around 1 percent from a previous forecast of 0.7 percent and cut its 2013 forecast to around 1 percent from a previous 1.6 percent, Handelsblatt daily said on Friday.

  • KAMPALA, Oct 12- Uganda's central bank said it was in the market to sell an unspecified amount of foreign exchange for the third straight day on Friday, a move which strengthened the shilling slightly in the minutes after the announcement.

  • PRESS DIGEST-New York Times business news - Oct 12 Friday, 12 Oct 2012 | 2:13 AM ET

    *Sprint Nextel Corp said Thursday that it was in discussions with SoftBank Corp over a "potential substantial investment". The talks, which began this summer, center on SoftBank, a Japanese telecommunications company, paying $12.5 billion for a stake of about 70 percent in Sprint, according to a person briefed on the matter.

  • HONG KONG, Oct 12- China's top two shipping giants, China COSCO and China Shipping, will join forces in a move that is a first for the domestic coastal container shipping industry and which is aimed at weathering a severe market downturn.

  • *Canaccord Genuity raises Churchill Corp to buy from hold; price. target to C $9.50 from C $8. Reuters Station users, click. 1568.

  • MUMBAI, Oct 12- India's industrial production rose by a higher-than-expected 2.7 percent in August from a year earlier, after contracting in July. COMMENTARY JYOTINDER KAUR, ECONOMIST, HDFC BANK, NEW DELHI. RADHIKA RAO, ECONOMIST, FORECAST PTE., SINGAPORE.

  • LONDON, Oct 12- Travis Perkins PLC:. *Group financial director, Paul Hampden Smith to step down. *making good progress in its search for a new Group Finance Director.

  • STOCKHOLM, Oct 12- Millicom International Cellular SA:. *Millicom and the republic of senegal jointly terminate all legal proceedings. *Millicom and the government of Senegal have signed a settlement to end amicably a dispute initiated in 2008 before the ICSID over the validity of Millicom's license in Senegal. ().

  • SEOUL, Oct 12- South Korean shares ended nearly flat on Friday after seesawing between gain and loss as welcome news of substantially lower U.S. jobless claims warred with earnings pessimism. Share performance was mixed, with ten companies reaching the daily permissible rise of 15 percent, while one, Woongjin Holdings dropped by the same amount.

  • BRIEF-Travis Perkins sales slip in Q3 Friday, 12 Oct 2012 | 2:10 AM ET

    LONDON, Oct 12- Travis Perkins PLC:. *Total like-for-like sales per trading day% for Q3. *Remain on target to meet market expectations.

  • TOKYO, Oct 12- Japan's Nikkei share average slipped to its lowest close in more than two months for the second day in a row on Friday, with Softbank Corp. tumbling 17 percent after it said it was in talks to invest in U.S. firm Sprint Nextel. But losses were capped by gains in exporters gained as news of the potentially huge deal helped weaken the yen.

  • Oct 12- Ageas SA:* Morgan Stanley raises Ageas target price to 19.20 euros from 15 euros; rating equal-weight. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • BRIEF-Hargreaves Lansdown Q1 net inflows 550 mln stg Friday, 12 Oct 2012 | 2:09 AM ET

    LONDON, Oct 12- Hargreaves Lansdown PLC:. *Assets under administration increased  £2.2 billion in three months to 30. September to  £28.5 billion.

  • BRIEF-Computacenter third quarter revenue rises Friday, 12 Oct 2012 | 2:09 AM ET

    LONDON, Oct 12- Computacenter PLC:. *UK continued its revenue improvement with growth of 12% in the third quarter. *In France, overall revenue performance was flat in the third quarter and 7%.

  • LONDON, Oct 12- The Unite Group PLC:.