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CNBC Utilities Page Companies

  • June 13- Alexion Pharmaceuticals Inc named long-time Biogen Inc Chief Financial Officer Paul Clancy to a similar position, effective July 31, as recently appointed CEO Ludwig Hantson steps up efforts to regain investor confidence. Alexion's shares were up 3.6 percent at $111.88 in after-market trading on Tuesday. Clancy will succeed Dave Anderson, who will...

  • TORONTO, June 13- Canada's main stock index ended barely lower on Tuesday, with a sharp jump in shares of Shaw Communications Inc on deals to sell data centers and buy wireless airwaves was offset by losses for financial stocks and some base metal miners.

  • NEW YORK, June 13- World stock markets rose with bank shares and short-dated U.S. bond yields hit multi-week peaks on Tuesday as investor focus turned to the Federal Reserve's monetary policy meeting. "Wednesday's meeting is pretty much a high-risk event," said Charles Comiskey, head of Treasuries trading at Bank of Nova Scotia in New York. The Bank of Japan and the...

  • LONDON, June 13- British outsourcing group Capita said it expects to improve its profitability and secure more contract wins this year, sending its shares sharply higher as it recovers from a string of profit warnings and the departure of its CEO. Both are seen as key to future performance after the company was hit by clients delaying major deals in the wake of...

  • June 12- Shares of TransDigm Group Inc fell as much as 7.3 percent to $250.18 on Monday, after Massachusetts Senator Elizabeth Warren called for an investigation into the aircraft components supplier's government contracts. TransDigm may have avoided sharing cost information with the government for parts for which it is the sole source supplier, Warren...

  • NEW YORK, June 12- Apple shares were stung by a broker downgrade for a second straight week on Monday, sending the stock lower in premarket trading, and on the heels of a sharp selloff in the tech sector in the prior session. Mizuho Securities cut its rating on the iPhone maker to "neutral" from "buy" and reduced its price target to $150 from $160 per share.

  • *Futures down: Dow 41 pts, S&P 6.75 pts, Nasdaq 48.75 pts. June 12- U.S. stock index futures were lower on Monday, with Nasdaq futures taking the biggest hit as investors locked in gains on the richly-valued technology sector. Shares of the world's most valuable listed company fell 2 percent to $145.97 in heavy premarket trading on Monday.

  • *Futures down: Dow 41 pts, S&P 6.75 pts, Nasdaq 48.75 pts. June 12- U.S. stock index futures were lower on Monday, with Nasdaq futures taking the biggest hit as investors locked in gains on the richly-valued technology sector. Shares of the world's most valuable listed company fell 2 percent to $145.97 in heavy premarket trading on Monday.

  • TOKYO, June 12- Japan's Nikkei share average fell on Monday morning, dragged down by declines in technology shares after their U.S. counterparts were sold off sharply on Friday. Semiconductor manufacturing equipment makers and Apple suppliers led the declines, with Tokyo Electron tumbling 3.5 percent, Advantest Corp dropping 3.4 percent, TDK Corp shedding...

  • *All banks except Commercial Bank down in Doha. DUBAI, June 11- Shares in Qatari banks fell on Sunday after the United Arab Emirates central bank ordered UAE banks to be wary of accounts which they hold with six Doha- based lenders, while Dana Gas and Drake& Scull outperformed in the UAE. Five of the six are listed on the market: Qatar National Bank, Qatar Islamic Bank,...

  • TORONTO, June 9- Canada's benchmark stock index rose on Friday, led by financial and energy shares as oil prices gained and a stronger-than-expected domestic jobs report added to the case for interest rate hikes from the Bank of Canada. Canada's job growth accelerated in May at its fastest pace in eight months, prompting economists to suggest the Bank of Canada...

  • TORONTO, June 9- Canada's benchmark stock index rose on Friday, led by financial and energy shares as oil prices rose and a stronger-than-expected domestic jobs gain added to the case for interest rate hikes from the Bank of Canada. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 50.12 points, or 0.32 percent, at 15,473.21.

  • SAO PAULO, June 9- Brazil's federal police on Friday raided the offices of JBS SA to investigate the alleged use of insider information in financial market dealings, pushing shares in the embattled meatpacker to a two-week low. In the plea testimony, the Batista brothers, Joesley and Wesley, said President Michel Temer received 15 million reais in JBS bribes,...

  • MEXICO CITY, June 9- Shares of Mexican construction company Cemex jumped on Friday as several banks increased share price targets for the firm.

  • SHARES OF MEXICO'S CEMEX JUMP ON HIGHER SHARE PRICE TARGET AND RECOMMENDATIONS.

  • June 9- Hong Kong stocks, which recently hit multiple 23- month highs, slipped on Friday, with sentiment hurt by uncertainly stemming from the outcome of the British election and China producer price data suggesting an economic slowdown. But the benchmark index still rose for the week, as Chinese money flowed south, fleeing from a market coming under increasing...

  • June 9- Japan's SoftBank Group Corp said on Friday that a subsidiary of the company has agreed to buy robotics firm Boston Dynamics from Alphabet Inc.. SoftBank's shares rose 7.3 percent to 9,464 yen after the deal was announced. "Smart robotics are going to be a key driver of the next stage of the information revolution, and Marc and his team at Boston Dynamics are...

  • Shares of the Seattle- based clothing and accessories retailer ended 10.3 percent higher after having surged as much as 18 percent in their biggest intraday percentage gain since February 2009. Once it goes private, Nordstrom may be able to restructure its business, which is more difficult as a public company, said Erich Joachimsthaler, chief executive of...

  • Shares of the Seattle- based clothing and accessories retailer ended 10.3 percent higher after having surged as much as 18 percent in their biggest intraday percentage gain since February 2009. Once it goes private, Nordstrom may be able to restructure its business, which is more difficult as a public company, said Erich Joachimsthaler, chief executive of...

  • Shares of the Seattle- based clothing and accessories retailer were last up 10.5 percent at mid-afternoon after having surged as much as 18 percent in their biggest intraday percentage gain since February 2009. Once it goes private, Nordstrom may be able to restructure its business, which is more difficult as a public company, said Erich Joachimsthaler, chief...