CNBC Utilities Page Wires

  • *China's domestic demand slowing further. *China growth-boosting moves will take time to kick in. With its trade war with the United States threatening to pile more pressure on China's already slowing economy, Beijing on Tuesday reported downbeat economic data, rolled out a $14 billion urban railway plan and pushed local governments to speed up issuance of...

  • VANCOUVER, British Columbia _ ESSA Pharma Inc. on Tuesday reported a fiscal third-quarter loss of $2.9 million, after reporting a profit in the same period a year earlier. The Vancouver, British Columbia- based company said it had a loss of 50 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • HOUSTON _ Sharps Compliance Corp. on Tuesday reported a fiscal fourth-quarter loss of $146,000, after reporting a profit in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. Three analysts surveyed by Zacks expected $11.2 million.

  • JOHANNESBURG, Aug 14- South African President Cyril Ramaphosa has proposed setting up a sovereign wealth fund to help boost economic growth, and his ruling African National Congress backs the plan, two senior party officials said on Tuesday. South Africa does not have significant energy deposits but has a large, albeit struggling, mining industry.

  • DULUTH, Ga. _ National Vision Holdings Inc. on Tuesday reported second-quarter net income of $13.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW DELHI— The Indian rupee has fallen to an all-time low against the U.S. dollar amid worries over Turkey's growing financial crisis. Turkey's central bank has struggled to stop a sharp plunge in its currency. Turkey's crisis was set off by worries over President Recep Tayyip Erdogan's economic policies and a trade dispute with the United States.

  • MEMPHIS, Tenn. _ GTx Inc. on Tuesday reported a loss of $10 million in its second quarter. On a per-share basis, the Memphis, Tennessee- based company said it had a loss of 43 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • DALLAS _ Brinker International Inc. on Tuesday reported fiscal fourth-quarter profit of $43.7 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share. Brinker International expects full-year earnings in the range of $3.70 to $3.90 per share.

  • *Spot gold may fall to $1,174 to $1,184/ oz- technicals. LONDON, Aug 14- Gold prices steadied near 18- month lows on Tuesday, attempting a break back above the key $1,200 level as the dollar eased and analysts said the precious metal could have fallen too far. Spot gold inched up 0.1 percent to $1,195.16 an ounce by 1034 GMT.

  • NEW YORK _ Tapestry Inc. on Tuesday reported fiscal fourth-quarter earnings of $211.7 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share. Nine analysts surveyed by Zacks expected $1.46 billion.

  • ITAÍ, Brazil, Aug 14- Last year, Brazilian farmer Gustavo Lopes sized up his sugarcane plantation against his soybean fields. He looked at global trends, including rising U.S.- China trade tensions and a stubborn sugar-market glut. Lopes planted soybeans across his 1,600- hectare farm in Sao Paulo state- a bet that paid off earlier this month when Chinese buyers...

  • Aug 14- Tapestry Inc, formerly Coach, topped quarterly sales estimates on Tuesday, helped by higher demand for Kate Spade handbags. The maker of Stuart Weitzman footwear said net income rose to $211.7 million, or 73 cents per share, in the fourth quarter ended June 30, from $151.7 million, or 53 cents per share, a year earlier. Net sales rose 31 percent to $1.48 billion,...

  • NEW YORK, Aug 14- Home Depot Inc's second-quarter sales at established stores beat Wall Street forecasts, boosted by a rebound in demand for seasonal merchandise. Net earnings rose to $3.5 billion or $3.05 per share in the three months ended July 29, from $2.7 billion or $2.25 per share a year earlier. Net sales rose 8.4 percent to $30.5 billion beating...

  • ROANOKE, Va. _ Advance Auto Parts Inc. on Tuesday reported second-quarter earnings of $117.8 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.85 per share. Advance Auto Parts expects full-year revenue in the range of $9.3 billion to $9.5 billion.

  • BEIJING, Aug 14- China's Finance Ministry told local governments on Tuesday to speed up issuance of special bonds used to fund infrastructure projects, as Beijing looks to boost investment amid slowing economic activities and trade headwinds with the United States. Local governments in China issue those bonds for special purposes such as highway projects...

  • HONG KONG, Aug 14- WH Group Ltd, the world's largest pork company, has boosted its U.S. exports to Japan, South Korea and Mexico to reduce the impact of the deepening trade spat between Washington and Beijing, Chairman Wan Long said on Tuesday. The comment was made at a briefing after the company, which also owns Smithfield Foods in the United States, warned in its...

  • COCA-COLA CO TAKES MINORITY STAKE IN BODYARMOR; FINANCIAL TERMS OF AGREEMENT NOT DISCLOSED.

  • COCA-COLA CO TAKES MINORITY STAKE IN BODYARMOR; FINANCIAL TERMS OF AGREEMENT NOT DISCLOSED.

  • BEIJING, Aug 14- China's Finance Ministry told local governments on Tuesday to speed up issuance of special bonds used to fund infrastructure projects, as Beijing looks to boost investment amid slowing economic activities and trade headwinds with the United States. Local governments in China issue those bonds for special purposes such as highway projects...

  • *Q2 loss widens to $128 mln from $72 mln in Q1. SINGAPORE, Aug 14- Singapore- listed Noble Group Ltd, which is pursuing a $3.5 billion debt restructuring to stay afloat, warned of liquidity constraints as it reported a second-quarter net loss that was also caused in part by restructuring expenses. Once Asia's largest commodity trader, Noble has shrunk its business...