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CNBC Utilities Page Companies

  • SAO PAULO, June 6- Yields on Brazilian interest rate futures contracts fell on Tuesday after the minutes from the central bank's latest policy meeting reaffirmed its intention of slowing down the pace of rate cuts next month. Brazil's benchmark Bovespa stock index rose slightly, supported by rising shares of meatpacker JBS SA after its operations in...

  • Prime Minister of Israel Benjamin Netanyahu greet people during his arrival at James Spriggs Payne Airport in Monrovia, Liberia on June 04, 2017.

    Israel is paying renewed attention to Africa over the last few years with an emphasis on high-tech.

  • TOKYO, June 6- Shares in Toshiba Corp rose as much as 4 percent in early Tuesday trading after Asahi newspaper reported it is considering giving U.S. chipmaker Broadcom Ltd the exclusive rights to negotiate to buy its prized chip unit. Broadcom has teamed up with U.S. buyout firm Silver Lake in its bid for the chip business, sources have told Reuters previously.

  • TORONTO, June 2- Canada's main stock index fell on Friday, weighed by weakness in energy stocks due to lower oil prices and a drop in heavyweight financial shares after U.S. jobs growth came in below expectations. At 10:21 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 41.63 points, or 0.27 percent, at 15,428.28. Suncor Energy Inc declined...

  • DETROIT, June 1- The pace of U.S. car and light truck sales slowed in May for the third month in a row despite steep discounts, but investors bid up shares of General Motors Co and Ford Motor Co after executives outlined plans to cut inventories. Ford shares closed up 2.6 percent at $11.41. GM shares closed 1.5 percent higher at $34.43.

  • Shares of Palo Alto, California- based VMware which have risen about 58 percent in the last 12 months dipped 4 percent to $93.48 in trading after the bell. Research and development costs jumped 18.2 percent to $421 million in the quarter, while sales and marketing expenses rose 3.7 percent to $586 million. VMware's net income rose to $232 million, or 56 cents per...

  • TORONTO, June 1- Canada's main stock index rose on Thursday to a more than one-week high in a broad rally led by energy and financial shares, while BlackBerry Ltd jumped after an influential investment firm said the technology company's stock could double. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 120.00 points, or 0.78...

  • DETROIT, June 1- U.S. automakers on Thursday reported flat May sales after two months of declines, and that was enough for investors to bid up shares of General Motors Co and Ford Motor Co.. Ford shares were up 3.3 percent to $11.48 shortly after noon, with GM up 2.3 percent to $34.70. GM, Fiat Chrysler Automobiles and Toyota Motor Corp posted modest declines.

  • TORONTO, June 1- Canada's main stock index rose on Thursday in a broad rally led by steady oil prices that bolstered energy stocks, and a surge in BlackBerry Ltd shares. BlackBerry was among the most influential gainers, jumping 8.3 percent to C $15.46 after Citron Research said it had a 24- month price target of $20 on the stock on expectations the software company...

  • TORONTO, June 1- Canada's main stock index seesawed on Thursday as short-seller target Asanko Gold Inc tumbled, offsetting a rebound in the shares of Element Fleet Management Corp.. The Toronto Stock Exchange's S&P/TSX composite index was down 1.06 points, or 0.01 percent, at 15,348.85, shortly after the open. Four of the index's 10 main groups were lower.

  • *Italy outperforms as Europe shares gain. Wall Street set to rise after private sector jobs data. LONDON, June 1- European stocks rose on Thursday with Italy setting the pace after a big upward revision in first-quarter economic growth, while the dollar rose after forecast-beating U.S. private sector jobs data.

  • June 1- U.S. based farm and construction major Deere& Co said on Thursday it would buy privately held German road construction company Wirtgen Group for $5.2 billion, including debt. Deere's share rose 1.7 percent to $124.55 in premarket trading. Wirtgen makes equipment used in laying roads and has a network of company-owned and independent dealers in about 100...

  • *Oil off 3- week lows before Trump decision on Paris accord. LONDON, June 1- Oil prices rose on Thursday, lifting energy company shares, on expectations the United States will withdraw from a global pact to fight climate change, while China's yuan shrugged off weak factory data to hit a seven-month high against the dollar. Brent crude, the international benchmark...

  • *Oil off 3- week lows before Trump decision on Paris accord. LONDON, June 1- Oil prices rose on Thursday, lifting energy company shares, on expectations the United States will withdraw from a global pact to fight climate change, while China's yuan shrugged off weak factory data to hit a seven-month high against the dollar. Brent crude, the international benchmark...

  • Shares of Palo Alto, California- based HPE fell nearly 2 percent to $18.48 in extended trading. Under Chief Executive Meg Whitman, HPE has inked a string of deals to sharpen its focus on the enterprise group business, which generates about 62 percent of total revenue. Last month, it bought data storage provider Nimble Storage Inc for about $1 billion.

  • SAO PAULO, May 31- Brazilian and Mexican stocks fell on Wednesday, tracking a decline in commodities prices, while Latin American currencies gained as political tension in Washington broadly weighed on the dollar. Shares of Brazilian iron ore miner Vale SA and state-controlled oil company Petróleo Brasileiro SA fell along with Mexican miner Penoles as...

  • SAN FRANCISCO, May 31- Shares of Box Inc rose more than 4 percent in after-hours trading Wednesday after the cloud storage firm's quarterly earnings edged ahead of Wall Street analyst's expectations. The Redwood City, California- based company posted revenue of $117.2 million for the period, ahead of a Thomson Reuters i/b/e/s consensus forecast of $114.7...

  • May 31- Cybersecurity company Palo Alto Networks Inc reported a better-than-expected adjusted profit for the third quarter, driven by expansion within its existing customer base as well as new customer additions. Palo Alto reported an adjusted profit of 61 cents per share for the quarter, beating analysts average estimate of 55 cents, according to Thomson...

  • JPMorgan's trading revenue has fallen 15 percent so far in the second quarter, its chief financial officer, Marianne Lake, told investors at a conference. Bank of America Chief Executive Officer Brian Moynihan, meanwhile, told investors the bank's second-quarter trading revenue would be lower than a year ago. The first and second quarter in 2016 were fairly...

  • NEW YORK/ LOS ANGELES, May 31- U.S. coal company shares dipped alongside renewable energy stocks on Wednesday after reports that President Donald Trump plans to pull the United States from a global accord on fighting climate change. A spokesman for Peabody said the company would support a decision by Trump to withdraw from the Paris deal because the "accord is...