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CNBC Utilities Page Wires

  • The news comes about two weeks after Bloomberg reported https://bloom.bg/2qYzgnh that Elliott, the New York hedge fund run by billionaire Paul Singer, had built a position in Micro Focus and plans to push for changes at the company. Private equity firms could be interested in all or parts of Micro Focus and some buyout firms have crunched the numbers and spoken...

  • JOHNSON SAYS THERE IS NOT A WAFER'S DIFFERENCE BETWEEN FRANCE AND UK ON IRAN DEAL.

  • *Existing home sales increase 1.1 percent in March. WASHINGTON, April 23- U.S. home sales increased for a second straight month in March amid a rebound in activity in the Northeast and Midwest regions, but a dearth of houses on the market and higher prices remain headwinds as the spring selling season kicks off. The National Association of Realtors said on Monday...

  • JOHNSON SAYS SOME OF TRUMP'S CONCERNS ABOUT IRANIAN BEHAVIOR ARE VALID.

  • JOHNSON SAYS G7 HAS SET UP A SPECIAL GROUP TO STUDY RUSSIA'S BEHAVIOR.

  • *After ruling, vote on board renewal to happen on May 4. MILAN, April 23- A judge ruled in favor of an appeal by Telecom Italia and its leading investor Vivendi to block a vote on some board director replacements proposed by activist fund Elliott at an April 24 shareholders meeting, a court document showed. The activist fund has built a stake of 9 percent in TIM to try to...

  • JOHNSON CITES SOME CONCERNS ABOUT IRAN'S BEHAVIOR IN REGION; BUT SAYS BETTER TO HAVE NUCLEAR DEAL THAN NOT.

  • BRITAIN'S JOHNSON SAYS STRONG VIEW AROUND G7 TABLE THAT NEED TO MAKE CASE FOR IRAN NUCLEAR PACT.

  • BRITISH FOREIGN SECRETARY JOHNSON SAYS G7 AGREED ON NEED TO BE VIGILANT ON RUSSIA.

  • April 23- Canada's main stock index rose on Monday, as financial shares gained and after Bank of Canada chief showed comfort with inflation running above the central bank's 2 percent target. *At 9:38 a.m. ET, the Toronto Stock Exchange's S&P/TSX Composite Index rose 28.39 points, or 0.18 percent, to 15,512.71. *Bank of Canada Governor Stephen Poloz said he expects...

  • COLUMBUS, Ohio— Education regulators are reviewing a whistleblower's claim that Ohio's then-largest online charter school intentionally inflated attendance figures tied to its state funding using software it purchased after previous allegations of attendance inflation, The Associated Press has learned. A former technology employee of the...

  • NEW YORK— Newell Brands is avoiding a prolonged proxy battle by agreeing with activist investor Starboard Value on two new independent directors. The new independent directors named Monday are Gerardo Lopez and Robert Steele. Shares of Newell Brands Inc. fell slightly after the opening bell and are down about 45 percent in the past 12 months.

  • ONTARIO, Calif.— All gates at Southern California's Ontario International Airport are open again after part of a terminal was briefly evacuated while a bomb squad investigated a suspicious device. Fire Department Battalion Chief Jim Schiller says the item found in a passenger's luggage around 5 a.m. Monday was determined to be an inert device typically used...

  • WASHINGTON, April 23- The United States on Monday opened the door to sanctions relief for United Company Rusal Plc as it considered the Russian aluminum giant's bid to avoid U.S. sanctions and weighed the potential impact of such measures on Rusal's American allies and partners. The news shook the metals industry, sending aluminum prices down as much as 10...

  • *Caterpillar up after Citi says stock can outperform. April 23- U.S. stocks were little changed on Monday, with gains in industrial and healthcare stocks offseting the impact from falling oil prices, as investors kept an eye on rising U.S. bond yields. Treasuries, the benchmark for global borrowing costs, hit 2.998 percent, its highest since January 2014.

  • *Strong demand, OPEC cuts still support prices overall. LONDON, April 23- Oil fell on Monday, as other raw materials came under pressure and after Iran's oil minister said there would be no need to extend a deal on supply restraint if crude prices rose further. Since early 2017, the Organization of the Petroleum Exporting Countries, Russia and other non- OPEC crude...

  • *May raw sugar was down 0.13 cents, or 1.1 percent, at 11.51 cents per lb by 1358 GMT after slipping to 11.50 cents, the lowest price for the front month since September 2015. *The market remained weighed by the prospect of a large global surplus in the 2017/ 18 season, driven partly by rising production in India and Thailand. *Low sugar prices have, however, been prompting...

  • President Donald Trump has postponed a speech on lowering prescription drug prices previously scheduled for Thursday to a date in the near future, the White House said on Sunday. The White House did not provide a date or time frame for when the speech would take place, and did not say why it had been pushed back. Azar was discharged from the hospital on Thursday and...

  • BOSTON— President Donald Trump has courted coal miners and cast doubt on whether fossils fuel contribute to climate change, but that hasn't translated into hostility for renewable energy— particularly offshore wind. Using federal offshore leases, wind power projects along the East Coast, including off the shores of Massachusetts, New Jersey, Connecticut,...