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CNBC Utilities Page Companies

  • May 3- WellCare Health Plans Inc reported a quarterly profit that blew past analysts' estimates, helped by higher enrolments in all its plans and lower costs in its Medicare business, sending its shares up as much as 4.7 percent. The company also raised its full-year revenue and profit forecast, saying it continues to see significant avenues for growth,...

  • Shares of the company rose 7.3 percent to $15.35 in early trading. "We added an astonishing 308,000 net digital news subscriptions, making Q1 the single best quarter for subscriber growth in our history," Chief Executive Mark Thompson said in a statement. Digital advertising revenue, which now makes up about 38 pct of advertising revenue, rose 18.9 percent to...

  • May 3- Yum Brands Inc reported a higher-than-expected quarterly profit as strong sales of tacos and nachos, including the recently launched Naked Chicken Chalupa, at its Taco Bell restaurants drove global same-store sales growth. Yum Brands' Taco Bell unit has refreshed its menu by introducing new items and has kept a tight lid on promotions.

  • COPENHAGEN, May 3- Shares in Novo Nordisk, the world's biggest maker of diabetes drugs, surged on Wednesday as the Danish firm beat operating profit forecasts for the first quarter and nudged up its full-year target. Analysts had expressed concerns that U.S. pharmacy benefit managers' demands for bigger discounts, along with President Donald Trump's attacks on...

  • *Hugo Boss drops as online sales disappoint. Europe's STOXX 600 index was down 0.14 percent by 0925 GMT. France's CAC 40 and Germany's DAX fell 0.3 and 0.2 percent, retreating from their highs.

  • COPENHAGEN, May 3- Shares in Novo Nordisk, the world's biggest diabetes drug maker, surged on Wednesday as the Danish firm beat operating profit forecasts for the first quarter and nudged up its full-year target. Analysts had expressed concerns that U.S. pharmacy purchase managers' demands for bigger discounts, along with attacks by President Donald Trump on...

  • BERLIN, May 3- Shares in Hugo Boss fell 5 percent on Wednesday after the German fashion house reported another drop in online sales in the first three months of the year even though overall sales and net profit were better than expected. Hugo Boss, which said in March it wanted to make improving its online business a top priority, said ecommerce sales were down 27...

  • LONDON, May 3- European shares slipped slightly from the 20- month highs they hit in the previous session, as investors locked in some profits following some underwhelming company results. France's CAC 40 and Germany's DAX fell 0.3 and 0.1 percent, retreating from their highs. The German fashion house added to signs of a pick-up in the luxury sector, reporting a...

  • Seek CEO Andrew Bassat says he is looking forward to 15 years of "very strong" growth in China as the Australian job search group takes Zhaopin private.

  • CHICAGO, May 2- U.S. agricultural trader Archer Daniels Midland Co said on Tuesday that massive global grain stocks are making it difficult to turn a profit trading grain internationally, sending its shares plummeting by their most in eight years. ADM shares closed down 8.9 percent at $41.67, the biggest percentage loss since May 2009. Together with Cargill Inc...

  • Oil prices are low and companies are focusing on reducing debt but ConocoPhillips is still lagging behind large-cap competitors, says Raymond James' energy analyst Pavel Molchanov.

  • CHICAGO, May 2- U.S. agricultural trader Archer Daniels Midland Co said on Tuesday that massive global grain stocks are making it difficult to turn a profit trading grain internationally, sending its shares plummeting by their most in eight years. ADM shares closed down 8.9 percent at $41.67, the biggest percentage loss since May 2009. Together with Cargill Inc...

  • Joey Levin, chief executive officer of IAC/InterActiveCorp, left, speaks as Barry Diller, chairman of IAC/InterActiveCorp, listens during a conference in New York on Tuesday, Dec. 6, 2016.

    The merger of Angie's List and IAC's HomeAdvisor may be just the beginning of IAC's expansion into the space, CEO Joey Levin said.

  • After one-time items, Gilead earned $2.23 a share, falling short of the $2.28 forecast by Wall Street analysts, according to Thomson Reuters I/B/E/S. Quarterly sales of hepatitis C drugs Sovaldi, Harvoni and Epclusa totaled $2.6 billion, down from $4.3 billion a year earlier. Sales of other antiviral products, including Gilead's other main franchise of HIV...

  • Under pressure from shareholders to hand over more of its $250 billion- plus hoard of cash and investments, Apple boosted its capital return program by $50 billion, increased its share repurchase authorization by $35 billion and raised its quarterly dividend by 10.5 percent. Investors were unmoved, sending shares of the world's most valuable listed company...

  • "This revenue growth rate was lower than the past several quarters and below our expectations, driven by a moderation of traffic growth throughout the quarter in our Americas region and within our gaming vertical, most notably," Chief Financial Officer Jim Benson said on a call with analysts. Akamai forecast second-quarter revenue of $597 million- $609 million...

  • Shares of the world's most valuable listed company were down 2.1 percent at $144.37 in after-hours trading. Under pressure from shareholders to hand over more of its $250 billion- plus hoard of cash and investments, Apple boosted its capital return program by $50 billion, increased its share repurchase authorization by $35 billion and raised its quarterly...

  • May 2- Mondelez International Inc, the world's second-largest confectionary company, reported higher-than-expected quarterly profit and sales, helped by better pricing mainly in Latin America and also its cost-saving programs. Shares of the Deerfield, Illinois- based company rose 2.4 percent to $44.80 in extended trading on Tuesday.

  • May 2- Apple Inc reported a surprise fall in iPhone sales for the second quarter on Tuesday, indicating that customers had held back purchases in anticipation of the 10th- anniversary edition launch of the company's most important product. Shares of the world's most valuable listed company were down 1.2 percent at $145.78 in after-hours trading.

  • May 2- Canada's WestJet Airlines Ltd reported a 45 percent drop in quarterly profit on Tuesday, and said it agreed to buy up to 20 Dreamliner planes from Boeing Co as part of a plan to add fuel-efficient aircraft to its fleet. Shares of the Calgary- based carrier fell as much as 5.7 percent to C $21.54 on the Toronto Stock Exchange as the aircraft purchase was seen as...