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CNBC Utilities Page Wires

  • SAN JOSE, Calif. _ 8 x8 Inc. on Thursday reported a loss of $13.3 million in its fiscal fourth quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was breakeven on a per-share basis. Five analysts surveyed by Zacks expected $76.9 million.

  • Toyota Motors Corp., down $2.39 to $132.44. Williams-Sonoma Inc., up $2.78 to $51.96. Best Buy Co., down $5.05 to $70.90.

  • U.S. stocks finished mostly lower Thursday as energy companies skidded along with oil prices. The market dropped after President Donald Trump said he canceled a meeting with North Korean leader Kim Jong Un, but recovered most of those losses. The Russell 2000 index of smaller-company stocks added 0.61 point to 1,628.22.

  • LOS ANGELES— A Southern California jury has ordered Johnson& Johnson to pay more than $25 million to a woman who claimed in a lawsuit that she developed cancer by using the company's talc-based baby powder. Jurors on Thursday awarded $4 million in punitive damages after finding that Johnson& Johnson acted with "malice, oppression or fraud." Johnson& Johnson says...

  • He's ordered the Commerce Department to investigate whether the peril is dire enough to justify tariffs or quotas on imports of foreign-made vehicles and auto parts to the United States. It also aggravated trade tensions between the Unites States and allies like Germany and Japan. And most economists and trade analysts ridiculed any notion that national...

  • In a report released Thursday, researchers at The Pew Charitable Trusts say Kentucky and New Jersey are the most vulnerable based on tests of various market conditions. In New Jersey, that could cost taxpayers $2 billion or more annually above what they already are expected to pay. The report finds that some states, including Wisconsin and North Carolina, have...

  • PLEASANTON, Calif. _ Veeva Systems Inc. on Thursday reported fiscal first-quarter profit of $44.3 million. For the current quarter ending in August, Veeva expects its per-share earnings to range from 33 cents to 34 cents. Veeva expects full-year earnings in the range of $1.36 to $1.38 per share, with revenue ranging from $826 million to $830 million.

  • SAN FRANCISCO _ Gap Inc. on Thursday reported fiscal first-quarter profit of $164 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. Nine analysts surveyed by Zacks expected $3.61 billion.

  • May 24- Autodesk Inc forecast second-quarter profit on Thursday below Wall Street expectations, sending the AutoCAD software maker's shares down nearly 4 percent in extended trading. Autodesk forecast second-quarter adjusted profit between 13 cents and 16 cents per share. Net loss narrowed to $82.4 million, or 38 cents per share, in the first quarter ended...

  • May 24- Apparel retailer Gap Inc on Thursday reported first-quarter comparable store sales that missed estimates, hurt by a slump in demand for its namesake brand. The company's net income rose to $164 million, or 42 cents per share, in the reported quarter from $143 million, or 36 cents per share, a year earlier. Total revenue rose to $3.78 billion from $3.44 billion.

  • GOLETA, Calif. _ Deckers Outdoor Corp. on Thursday reported fiscal fourth-quarter net income of $20.6 million, after reporting a loss in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. Four analysts surveyed by Zacks expected $377.3 million.

  • MINNEAPOLIS— Officials in Wisconsin are testing the environmental and health impacts following a frack sand sludge spill that has now reached the Mississippi River. A contactor's bulldozer slid into a pond earlier this week, leading to an hours-long rescue at the Hi-Crush mine in the western Wisconsin town of Whitehall. DNR spokesman Jim Dick said Thursday...

  • EVANSVILLE, Ind. _ Shoe Carnival Inc. on Thursday reported fiscal first-quarter net income of $13 million. Shoe Carnival expects full-year earnings to be $1.90 to $2.05 per share, with revenue in the range of $1.01 billion to $1.02 billion. Shoe Carnival shares have dropped 1.5 percent since the beginning of the year.

  • PLANO, Texas _ Zoe's Kitchen Inc. on Thursday reported a first-quarter loss of $3.6 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK _ New York& Co. on Thursday reported fiscal first-quarter net income of $3.1 million, after reporting a loss in the same period a year earlier. The New York- based company said it had net income of 5 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • SAN RAFAEL, Calif. _ Autodesk Inc. on Thursday reported a loss of $82.4 million in its fiscal first quarter. Eight analysts surveyed by Zacks expected $559.4 million. For the current quarter ending in August, Autodesk expects its per-share earnings to range from 13 cents to 16 cents.

  • May 24- President Donald Trump's threat to impose tariffs on auto imports drew strong criticism abroad and at home where U.S. business groups and members of his own Republican Party warned of damage to the industry and raised the prospect of a global trade war that would harm American interests. Governments, lawmakers, auto companies and industry groups from...

  • SAN FRANCISCO _ Splunk Inc. on Thursday reported a loss of $118.5 million in its fiscal first quarter. Fourteen analysts surveyed by Zacks expected $297.7 million. For the current quarter ending in August, Splunk said it expects revenue in the range of $356 million to $358 million.

  • DUBLIN, Calif. _ Ross Stores Inc. on Thursday reported fiscal first-quarter profit of $418.3 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share. Ross Stores expects full-year earnings to be $3.92 to $4.05 per share.

  • MADRID/ SAO PAULO, May 24- A court order requested by one of the companies contending for control of Brazilian power distribution company Eletropaulo Metropolitana Eletricidade de Sao Paulo SA has postponed the bids for the company to June 4. Eletropaulo said in a securities filing that a court had changed the rules for the auction, canceling plans for Enel SpA...