CNBC Utilities Page Wires

  • NEW YORK, Sept 21- Ex-employees of Lehman Brothers Holdings Inc met at Irish pubs near their former office in Midtown Manhattan on Thursday night to reminisce 10 years after the bank's collapse, in gatherings with the atmosphere of high school reunions despite marking the largest failure of the financial crisis. More than 100 traders, lawyers and recruiters...

  • NEW YORK, Sept 21- An overhaul of Wall Street's technology and media sectors coincided with the quarterly expiration of futures and options, bringing a burst of volume to trading late on Friday that could continue in the days that follow. After the close on Friday, S&P Dow Jones Indices was poised to reorganize several of its sectors and relaunch its...

  • U.S. stock indexes finished unevenly Friday even as the Dow Jones Industrial Average eked out another all-time high. Losses in technology companies and retailers offset gains in energy and industrial stocks. The Russell 2000 index of smaller companies gave up 7.87 points, or 0.5 percent, to 1,712.32.

  • They also increased their net short position in cocoa and trimmed a bullish stance in cotton futures and options, data from the Commodity Futures Trading Commission showed. The increase came as arabica futures prices earlier this week plunged below $1 per lb to their lowest level since December 2005. In raw sugar, speculators sharply reduced their bearish...

  • *Dow closes up; S&P 500, Nasdaq lose ground. NEW YORK, Sept 21- Industrials led the Dow to a new closing high on Friday ahead of Monday's major sector reshuffle, capping a week that largely shrugged off trade worries. Trading volume spiked to the highest level since Feb. 9 in anticipation of the S&P 500 sector change, when telecoms will be folded into a new sector called...

  • FCC Chairman Ajit Pai has this month also criticized California's legislature for approving a state measure to guarantee open internet access and said "bad behavior" on the part of internet service providers could be prevented by the FCC's new transparency requirements. The FCC voted 3-2 in December to reverse the Obama era rules that barred internet...

  • SANTERAMO IN COLLE, Italy _ Natuzzi SpA on Friday reported a loss of $8.8 million in its second quarter. On a per-share basis, the Santeramo In Colle, Italy- based company said it had a loss of 17 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • ABUJA, Sept 21- Nigeria's central bank has revoked Skye Bank's operating licence and a bridge bank called Polaris has been created to take over the lender's assets, the financial regulator said on Friday. Isaac Okorafor, a central bank spokesman, said state-run bad bank the Asset Management Corporation of Nigeria had injected 786 billion naira into Polaris.

  • ABUJA, Sept 21- Nigeria's central bank has revoked Skye Bank's operating license and a bridge bank called Polaris has been created to take over the lender's assets, the financial regulator said on Friday. Isaac Okorafor, a central bank spokesman, said state-run bad bank the Asset Management Corporation of Nigeria had injected 786 billion naira into Polaris.

  • LOUISVILLE, Ky.— A union leader says striking workers at Four Roses will return to work next week after the Kentucky bourbon maker and union officials reached a tentative agreement to end a two-week walkout. Union leader Jeff Royalty said Friday that the two sides agreed to language giving workers the option to keep current sick leave policy or sign up for a...

  • ATLANTA— A group of ranking Georgia lawmakers is sounding the alarm about cost overruns from construction at a nuclear power plant near Augusta. In August, the plant's owners, which include Georgia Power, Oglethorpe Power Corporation and Municipal Electric Authority of Georgia, learned that the plant would require an additional $2.3 billion, bringing the...

  • Texas Instruments Inc., up $1.56 to $110.05. United Natural Foods Corp., down $2.88 to $30.97. Micron Technology Corp., down $1.32 to $44.74.

  • Scheduled to launch on a SpaceX Falcon rocket from Vandenberg Air Force Base in California on Oct. 6, Argentina's SAOCOM 1 a satellite "is going to boost the high quality precision agriculture Argentina relies on," President Mauricio Macri told farmers and industry representatives last week. Argentina's already-struggling economy has suffered a series of...

  • Chicago Board of Trade December corn settled up 4-3/ 4 cents at $3.57-1/ 4 per bushel after reaching $3.57-3/ 4, its highest since Sept. 12. CBOT November soybeans ended down 3 cents at $8.47-1/ 4 per bushel and December wheat fell 2-1/ 4 cents at $5.21-3/ 4 a bushel. After the close, weekly Commodity Futures Trading Commission data showed funds in the week to Sept. 18 had...

  • Sept 21- General Electric Co said on Friday that turbine blade oxidation which forced Exelon Corp to idle four electric power units in Texas also affects another model, widening the impact of the latest problem to hit GE's ailing power unit. The 9 FB is part of a prior generation of turbines, known as the F-Class, in which GE holds a market share lead over rivals...

  • *OPEC, non- OPEC states study new oil output boost- source. *OPEC and its allies to gather on Sunday in Algeria. Investors grappled with whether the Organization of the Petroleum Exporting Countries and non- OPEC producers will offset a shortfall from Iran once U.S. sanctions go into full force Nov. 4.

  • SALEM, Ore.— Federal agents arrested an Oregon man who threatened to kill YouTube employees and specifically threatened the CEO of the company, saying he was coming for her, the FBI said Friday. The FBI said Douglas was arrested Thursday outside a convenience store in his hometown in the forested mountains of southwest Oregon. Douglas' tweets included "I would kill...

  • ANNAPOLIS, Md.— The U.S. Naval Academy's cyber operations program has been formally accredited. Three other universities also were accredited under the new cybersecurity criteria: the U.S. Air Force Academy, Towson University and Southeast Missouri State University. The academy is building a $106 million cybersecurity building.

  • INVESCO LTD TO BUY OPPENHEIMERFUNDS FROM MASSMUTUAL- FINANCIAL TIMES PUBLICATION.

  • NEW YORK, Sept 21- Three upstate New York debt collectors and their principals have accepted permanent industry bans and agreed to pay $27 million to resolve federal and state charges of abusive collection practices, including false threats to have consumers who failed to pay their debts arrested and jailed. The settlement was announced on Friday by the...