GO
Loading...

Enter multiple symbols separated by commas

CNBC Utilities Page Wires

More

  • RIO DE JANEIRO, Aug 3- Terms for Brazil's 13th Oil Round, in which the government hopes to sell rights to 266 exploratory blocks in early October, "are the worst ever," the Brazilian Petroleum Institute that represents potential investors said on Monday. Despite the unattractive terms of the auction, the IBP's executive secretary, Antonio Guimaraes, said the blocks...

  • MELBOURNE, Aug 4- London copper slipped back on Tuesday towards six-year lows hit in the previous session after factory reports in China and the U.S. stoked worries about global growth, dragging on most metals. *Three-month copper on the London Metal Exchange dipped 0.3 percent to $5,204 a tonne by 0046 GMT, after closing little changed in the previous session...

  • SINGAPORE, Aug 4- Oil prices edged up in early Asian trading on Tuesday following a 5 percent fall in the previous session, as high global production and a weakening economic outlook, especially in Asia, prompted analysts to warn of further falls. Oil output by the Organization of the Petroleum Exporting Countries reached the highest monthly level in recent...

  • MANILA, Aug 4- Gold dropped for a third session in four on Tuesday, closing in on a 5-1/ 2- year low, with selling pressure supported by expectations that the Federal Reserve is set to raise interest rates this year. *Spot gold slipped 0.3 percent to $1,082.8 an ounce by 0042 GMT, near last month's low of $1,077, the weakest since February 2010. *A key global commodities...

  • SEOUL, Aug 4- U.S. crude futures edged higher in early Asia trade on Tuesday, after falling 4 percent in the previous session to their lowest since January as weak factory activity in China deepened a commodity-wide selloff. On Monday the contract settled down $1.95, or 4.1 percent, at $45.17, about $3 above its 2015 bottom with growing concerns over excess global...

  • SHANGHAI, Aug 4- Chinese authorities have stepped up their crackdown on short-selling of shares, with the two main stock exchanges unveiling new rules that would make it even more difficult for speculators to profit from hourly gyrations in stock prices. The Shanghai and Shenzhen exchanges said in separate statements on Monday night that the rules, effective...

  • *U.S., Chinese factory figures drag down Wall Street. TOKYO, Aug 4- Asian shares edged lower on Tuesday after downbeat economic data pressured Wall Street ahead of key U.S. jobs data later this week that could provide a key clue to the timing of the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent in early trading, while Japan's...

  • SHANGHAI, Aug 4- China's two stock exchanges have revised rules on short-selling with an aim to reduce trading frequency and price volatility.

  • LONDON- Bank of England announces interest rate decision- 1100 GMT. LONDON- Bank of England will release the minutes from its August policy meeting- 1100 GMT. LONDON- Bank of England to release inflation report- 1100 GMT.

  • NEW YORK— Poland lacks probable cause to extradite a Russian art dealer living in New York on criminal charges accusing him of knowing that an 18th- century painting taken from a Polish museum by the Nazis during World War II was stolen property when he inherited it from his father, a judge ruled Monday. District Judge Jed Rakoff in Manhattan rejected the request...

  • NEW YORK, Aug 3- PetroChina Co on Monday won the dismissal of a U.S. class-action lawsuit arising from an alleged bribery scheme at China's state-run oil company. District Judge Edgardo Ramos in Manhattan dismissed claims by PetroChina investors who accused the company and various officials, including former Chairman Jiang Jiemin, of deceiving them about its...

  • PEMBROKE, Bermuda _ Endurance Specialty Holdings Ltd. on Monday reported second-quarter earnings of $84.2 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.41 per share. Endurance Specialty Holdings shares have climbed 15 percent since the beginning of the year.

  • PENICUIK, Britain _ Quotient Ltd. on Monday reported a loss of $10.2 million in its fiscal first quarter. The Penicuik, Britain- based company said it had a loss of 60 cents per share. Quotient expects full-year revenue in the range of $19 million to $20 million.

  • YAVNE, Israel _ MediWound Ltd. on Monday reported a loss of $4.1 million in its second quarter. On a per-share basis, the Yavne, Israel- based company said it had a loss of 19 cents. MediWound shares have climbed nearly 1 percent since the beginning of the year.

  • Aug 3- Solar and wind energy in the United States is likely to have a secure future thanks to President Barack Obama's plan to cut carbon emissions by forcing utilities to use renewable sources to produce electricity, the industry said on Monday. "The manufacturers will keep investing if we can look forward and say over the next five-plus years we're going to see...

  • THOROFARE, N.J. _ Checkpoint Systems Inc. on Monday reported a second-quarter loss of $5.4 million, after reporting a profit in the same period a year earlier. Checkpoint expects full-year earnings in the range of 40 cents to 50 cents per share, with revenue in the range of $575 million to $625 million. Keywords: Checkpoint Systems, Earnings Report.

  • CHICAGO— Toy-maker Ty Inc. has created a "Cecil the Lion" Beanie Baby to raise funds for animal conservation efforts. Ty Inc. CEO Ty Warner said Monday the company, based in the Chicago suburb of Westmont, hopes the Beanie Baby will raise awareness for animal conservation and "give comfort to all saddened by the loss of Cecil." Ty said all profits from "Cecil the Lion"...

  • PIRAEUS, Greece _ Danaos Corp. on Monday reported second-quarter earnings of $38.1 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. Danaos shares have risen 10 percent since the beginning of the year.

  • CARMEL, Ind. _ KAR Auction Services Inc. on Monday reported second-quarter earnings of $59.5 million. KAR Auction Services expects full-year earnings in the range of $1.62 to $1.77 per share. KAR Auction Services shares have increased 13 percent since the beginning of the year.

  • NEW YORK _ Rouse Properties Inc. on Monday reported a key measure of profitability in its second quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 40 cents per share. Rouse Properties expects full-year funds from operations to be $1.74 to $1.78 per share.