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CNBC Utilities Page Companies

  • NEW YORK, June 16- Wall Street ended little changed on Friday although Amazon.com' s $13.7 billion deal to buy upscale grocer Whole Foods roiled the retail sector and rocked shares of an array of companies including Wal-Mart and Target. The Dow Jones Industrial Average rose 24.38 points, or 0.11 percent, to 21,384.28, the S&P 500 gained 0.69 points, or 0.03 percent,...

  • TORONTO, June 16- Canada's main stock index rose on Friday as energy shares rebounded with oil prices, offsetting losses for consumer staple companies on news that internet retailer Amazon.com Inc was buying Whole Foods Market Inc.. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 31.97 points, or 0.21 percent, at 15,192.39, after...

  • Barry Rosenstein, managing partner and co-portfolio manager of JANA Partners LLC.

    Jana Partners stands to make hundreds of millions of dollars from Amazon's proposed acquisition of Whole Foods Markets.

  • *U.S. stocks drop on Amazon.com, Whole Foods deal. NEW YORK, June 16- U.S. stocks fell on Friday after Amazon.com' s announcement it would buy Whole Foods Market hit the shares of Wal-Mart and grocers, while disappointing U.S. economic data hurt the dollar and U.S. "The uncertainty over the impact of Amazon on the food industry is upsetting the market," said Bruce Bittles,...

  • TORONTO, June 16- Canada's main stock index fell on Friday, as shares of grocers and other consumer staple companies took a beating on news that internet retail company Amazon.com Inc was buying Whole Foods Market Inc. Amazon announced before markets opened that it was purchasing the U.S. organic supermarket chain for $13.7 billion, including debt, marking its...

  • SAO PAULO, June 16- Shares of JBS SA jumped on Friday after Brazilian financial magazine Exame reported that Abu Dhabi sovereign wealth fund Mubadala Development Co PJSC is arranging partners to make a bid for control of the world's largest meatpacker. Other bidders, including U.S. food producer Cargill Inc, might be interested in acquiring certain JBS assets,...

  • June 16- Wal-Mart Stores Inc said on Friday it would buy online men's fashion retailer Bonobos Inc for $310 million, in its fourth e-commerce deal in under a year, as it seeks to bridge the gap with e-commerce leader Amazon.com Inc.. However, Wal-Mart's shares fell 6.5 percent to $73.78 in morning trading after Amazon said it would buy upmarket grocer Whole Foods...

  • SPROUTS FARMERS MARKET SHARES UP 0.3 PCT, KROGER SHARES OFF 9.6 PCT IN PREMARKET TRADE.

  • ZURICH, June 16- Shares in Idorsia, the drug pipeline firm spun off from biotech group Actelion after Johnson& Johnson's $30 billion takeover, rose nearly 30 percent after making their market debut at 10 Swiss francs each on Friday. They advanced to nearly 13 francs in early afternoon business in Zurich, valuing the company at above 1.5 billion Swiss francs.

  • PARIS, June 16- The shares of Societe Generale's car leasing arm ALD Automotive opened higher on Friday, trading above their initial public offering price of 14.30 euros. By 0710 GMT, ALD shares were trading at 14.50 euros while shares in parent French bank SocGen were up 0.84 percent at 46.80 euros. On Thursday, ALD had priced the flotation near the lower end of its...

  • TOKYO, June 16- Japan's Nikkei share average rose to a one-week closing high on Friday as the yen dropped, after an expected policy decision by the Bank of Japan provided relief to investors. On Friday, traders said that the rebalancing of the FTSE World index lifted trading activity in the market, with 2.28 billion shares changing hands on the broader market, the...

  • June 15- ILG Inc, a U.S. provider of vacation timeshare properties, is holding early-stage talks about merging with another company after coming under pressure from activist shareholder FrontFour Capital Group, people familiar with the matter said. ILG shares rose as much as 10 percent and ended trading up 6.5 percent, giving the company a market value of $3.5...

  • Nike said it would reduce the number of its business segments to four from six as part of the initiative, being rolled out at a time the company is battling for market share in North America with a resurgent Adidas AG and a fast-growing Under Armour Inc.. Shares of the world's No.1 shoemaker were down 2.7 percent at $53.59 in early trading, making them the biggest...

  • NEW YORK, June 15- The U.S. technology sector fell on Thursday, pulled down by heavyweights including Apple Inc and Alphabet Inc after bearish analyst research gave investors a reason to take profits on the stock market's recent champion sector. The downgrade triggered a broader tech selloff, according to Kim Forrest, senior equity research analyst at Fort Pitt...

  • Nucor's shares fell nearly 3 percent to $57.41 in morning trading after the company said it expects earnings of $1.00 to $1.05 per share for the second quarter ending July 1. Wall Street analysts on average were expecting second-quarter earnings of $1.22 per share, analysts at Cowen& Co said in a client note. The company reported a profit of $1.11 per share in the...

  • June 15- U.S. steel-maker Nucor Corp said on Thursday it expects second-quarter earnings per share to decrease from the preceding quarter, partly due to weak demand in its steel mills business. Nucor's shares fell 1.9 percent to $58 in premarket trading after the company said it expects earnings of $1.00 to $1.05 per share for the second quarter ending July 1.

  • LAGOS, June 15- Nigerian stocks rose 1.03 percent in early trades to more than a two-year high on Thursday on improving sentiment and as investors bought shares from the relatively liquid banking sector. The main share index has been rising since May and is set for its fourth weekly gain. The stock market has gained 13.7 percent in the two weeks since MSCI in June...

  • *Hong Kong Monetary Authority expects increases in outflows. SHANGHAI, June 15- Hong Kong stocks fell to a three-week low on Thursday as borrowing costs in the city looked set to rise after a U.S. rate hike overnight, while shares in China slid on persistent fears that economic growth will soon start to cool. Hong Kong's benchmark Hang Seng index dropped 1.1 percent...

  • *STOXX 600 down 0.3 pct. LONDON, June 14- European shares pulled back on Wednesday, as energy stocks fell on tumbling crude prices and banks were hit after weak U.S. data raised questions over future rate hikes in the world's biggest economy. Among outstanding movers, the Swedish measurement technology firm Hexagon rose 10.8 percent to a new record high after a Wall...

  • June 14- Data-driven marketing and loyalty analytics company Aimia Inc suspended all dividend payments on Wednesday, a month after Air Canada announced a plan to replace the company's loyalty program with its own. Aimia's shares fell about 13 percent to C $1.65 in morning trading. "The company currently has the requisite liquidity to pay these dividends,...