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CNBC Utilities Page Companies

  • TORONTO, Jan 16- Canada's main stock index fell on Tuesday as lower commodity prices weighed on the shares of materials and energy companies. *The Toronto Stock Exchange's S&P/TSX composite index closed down 72.93 points, or 0.45 percent, at 16,298.88. Barrick Gold Corp declined 3.1 percent to C $18.88 and diversified miner Teck Resources Ltd was down 4.1...

  • TORONTO, Jan 16- Canada's main stock index fell on Tuesday as a drop in commodity prices weighed on the shares of materials and energy companies. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 72.93 points, or 0.45 percent, at 16,298.88. Eight of the index's 10 main groups ended lower.

  • DETROIT, Jan 16- General Motors Co shares rose on Tuesday after the company said 2018 earnings will be largely flat compared with 2017 and forecast higher profits in 2019 when its revamped line of high-margin pickup trucks hits the U.S. market. GM forecast 2017 earnings per share at the high end of its previously forecast range of $6 to $6.50.

  • UnitedHealth is the largest U.S. health insurer and the first to report fourth-quarter earnings, which rose to $2.59 per share excluding one-time gains, beating analysts' expectations of $2.51 per share. Shares in rival Anthem Inc rose 1.2 percent to $242.82, also a high, and Cigna Corp gained 1 percent to $215.76. Antitrust regulators shot down deals between...

  • DETROIT, Jan 16- General Motors Co shares rose on Tuesday after the company said 2018 earnings will be largely flat compared with 2017 and forecast higher profits in 2019 when its revamped line of high-margin pickup trucks hits the U.S. market. GM forecast 2017 earnings per share at the high end of its previously forecast range of $6 to $6.50.

  • *FTSE 100 up 0.2 pct. *JD Sports jumps after update. Heavyweight commodity stocks weighed on the FTSE, with shares in BP down 1.5 percent after the energy company said it would take a charge of around $1.7 billion in its fourth quarter results as part of the settlement of the 2010 Deepwater Horizon spill in the United States.

  • Jan 16- Provident Financial expects to report a loss of about 120 million pounds in its consumer credit division for 2017 as it struggles to win back customers following problems at its door-to-door lending business. Shares in Provident, which provided loans through the Wall Street crash of 1929 and both world wars, were down 3.8 percent to 887 pence by 0900 GMT,...

  • *Dollar index probes lowest levels since December 2014. TOKYO, Jan 16- Asian shares slumped on Tuesday, as miners were pressured by weaker Chinese iron ore prices, while the euro stood near a 3- year peak on rising expectations that the European Central Bank could pare its monetary stimulus. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2...

  • TORONTO, Jan 15- Canada's main stock index rose in morning trade on Monday, boosted by a bounce-back in shares of cannabis producers and sharp gains for gold miners as bullion prices hit a four-month high. *At 10:20 a.m. EST, the Toronto Stock Exchange's S&P/TSX composite index was up 47.11 points, or 0.29 percent, at 16,355.29. *Among the index's most influential...

  • TORONTO, Jan 15- Canada's main stock index moved higher in early trade on Monday, boosted by gold miners as bullion prices hit a four-month high and by heavy equipment company Finning International Inc, after CIBC raised its view on the stock.

  • SAO PAULO, Jan 15- Shares in Brazilian food retailer GPA SA rose well over 1 percent on Monday morning after the company posted gains in fourth quarter revenue, as a nascent recovery in consumption boosted sales. The company said on Monday its fourth quarter net revenue rose 6.8 percent from last year to 12.5 billion reais with a strong performance at its Assai...

  • *FTSE 100 down 0.1 pct. LONDON, Jan 15- UK shares edged down on Monday in line with their European counterparts, with smaller rivals of Carillion rising after the British construction and services company was forced into liquidation. At 0930 GMT, the FTSE 100 was down 0.1 percent with Carillion shares suspended from trading.

  • Jan 12- Shares of Facebook Inc fell more than 4 percent on Friday and were on track for their worst session in more than three months after Chief Executive Mark Zuckerberg announced changes that he said would hit user engagement in the near term. A warning by Zuckerberg that people could spend less time on Facebook in the short term as a result of the changes sent...

  • Jan 12- Shares of Facebook Inc fell more than 4 percent on Friday and were on track for their worst session in more than three months after Chief Executive Mark Zuckerberg announced changes that he said would hit user engagement in the near term. Fears that the changes would lead people to spend less time on Facebook sent its stock down $1.14 to $25.49.

  • Jan 12- Shares of Facebook Inc fell 4 percent on Friday after Chief Executive Mark Zuckerberg announced changes to the platform's centrepiece News Feed that he said would hit user engagement in the near term. Pivotal Research Group said its analysis of Nielsen's digital consumption rates showed that usage was already falling prior to Zuckerberg's...

  • LONDON, Jan 12- GKN has rejected as "entirely opportunistic" a takeover offer from turnaround specialist Melrose and set out plans to split its business to boost profitability, sending shares in the British engineering firm up 25 percent. It later warned the writedown would be bigger than expected and announced the departure of CEO-designate Kevin Cummings,...

  • *Shares among worst performers on Paris stock market. PARIS, Jan 12- Vivendi's shares fell on Friday after the media giant said its 2017 profitability would be hit by lingering costs at pay-TV division Canal Plus. Vivendi was among the worst performers on France's benchmark CAC-40 stock market index, falling 1.2 percent to 24.01 euros in early session trading.

  • PARIS, Jan 12- Shares in Carrefour rose on Friday after Europe's largest supermarket retailer agreed to buy 17 percent of online fashion retailer Showroomprive.com for 79 million euros, from Steinhoff-owned furniture chain Conforama. Alexandre Bompard, who took over last July as CEO of Carrefour- the world's largest retailer after Walmart- will unveil his...

  • PARIS, Jan 12- Vivendi's shares fell on Friday after it lowered its 2017 full-year guidance on core operating profit and revenues, penalized by higher restructuring costs tied to its pay-TV unit Canal Plus. The group, led by billionaire Vincent Bollore, was the worst performer on France's benchmark CAC-40 stock market index, dropping by around 3 percent in early...

  • PARIS, Jan 12- Kering shares rose to record highs on Friday after the French luxury goods group announced plans to spin off German sports brand Puma to its shareholders in order to focus squarely on its more upmarket brands. Kering shares were up 0.9 percent at 412.40 euros in early session trading, with the stock at one point touching a record intraday high of 415...