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CNBC Utilities Page Wires

  • The world's largest custodian bank said net income applicable to common shareholders rose to $1.14 billion, or $1.10 per share, in the quarter ended March 31 from $880 million, or 83 cents per share, a year earlier. Analysts on average had expected earnings of 96 cents per share, according to Thomson Reuters I/B/E/S. Assets under management jumped 8 percent to a...

  • Snow begins to fall as morning commuters pass by the New York Stock Exchange, (NYSE) in New York.

    AT&Inc has withdrawn its planned initial public offering of Vrio, its DirecTV business in Latin America, just hours before the new stock was to start trading.

  • The world's largest custodian bank said net income applicable to common shareholders rose to $1.14 billion, or $1.10 per share, in the quarter ended March 31 from $880 million, or 83 cents per share, a year earlier. Analysts on average had expected earnings of 96 cents per share, according to Thomson Reuters I/B/E/S. Assets under management jumped 8 percent to a...

  • LONDON, April 19- Takeda Pharmaceutical has made an indicative takeover proposal to British drugmaker Shire worth about 46.50 pounds a share, according to two sources with direct knowledge of the matter. That would value London- listed Shire at about 43 billion pounds, according to Reuters data. The move comes ahead of a deadline for the Japanese group to make a...

  • BRUSSELS _ Wabco Holdings Inc. on Thursday reported first-quarter profit of $100.7 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.83 per share. Wabco expects full-year earnings in the range of $7.30 to $7.80 per share, with revenue in the range of $3.89 billion to $4.01 billion.

  • LONDON, April 19- Department store group Debenhams added to the grim start to 2018 for Britain's retail sector, lowering its full-year outlook for the second time in four months and cutting its dividend after a 52 percent slump in first half profit. The 240- year old Debenhams, which delivered the sector's first profit warning of the year in January, also said Matt...

  • LONDON, April 19- Nickel soared 9 percent to a three-year high on Thursday, extending the previous session's blistering rally on fears the metal could become ensnared in U.S. sanctions on Russian firms, although analysts say gains could be short-lived. The United States last week slapped sanctions on major Russian aluminium producer Rusal and traders fear the...

  • KENOSHA, Wis. _ Snap-On Inc. on Thursday reported first-quarter earnings of $163 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.73 per share. Six analysts surveyed by Zacks expected $931.2 million.

  • NEW YORK _ Medidata Solutions Inc. on Thursday reported first-quarter earnings of $10.3 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share. Six analysts surveyed by Zacks expected $147 million.

  • LONDON, April 19- More than half of wealthy investors around the world expect to live to the age of 100, with almost two in three planning to work longer in life to afford a comfortable retirement, according to a survey on Thursday. But around one-in-four respondents based in the United States and Britain said they were not making any such financial changes,...

  • HONG KONG, April 19- A U.S. ban on sales of American components to ZTE Corp has unleashed a patriotic backlash in China's cyberspace, highlighting the growing tension between the world's two largest economies. Sympathy for ZTE has swept Chinese social media while most domestic newspapers have chosen to put the lion's share of the blame for the telecom equipment...

  • April 19- Bank of New York Mellon Corp reported a 29 percent rise in first-quarter profit on Thursday as growth in the bank's asset servicing business helped boost fee revenue. The world's largest custodian bank said net income applicable to common shareholders rose to $1.14 billion, or $1.10 per share, in the quarter ended March 31 from $880 million, or 83 cents...

  • Pernod's sales growth, which beat market expectations, reflected strong demand in China for its Martell cognac during the Chinese New Year festivities in February. The group said the fourth quarter would be weaker due to tight management of Martell cognac inventories and reduced shipments to China to ensure more sustained growth globally.

  • *Spot gold faces resistance at $1,356/ oz- technicals. Geopolitical worries, trade risk have moved to the background, "said commodity strategist Georgette Boele at ABN AMRO in Amsterdam. President Donald Trump said on Wednesday he hoped an unprecedented summit with North Korean leader Kim Jong Un would be successful while Western missile strikes in Syria were...

  • BRAZZAVILLE, April 19- Congo Republic's current efforts to restructure its external debt will not affect multilateral creditors or holders of its Eurobond and regional bond, Prime Minister Clement Mouamba said in a statement late on Wednesday.

  • PARIS/ SINGAPORE, April 19- U.S. wheat futures rose for a third consecutive session on Thursday, amid growing doubts that parched winter wheat belts in the southern U.S. The Chicago Board of Trade most active wheat contract had added 0.5 percent to $4.91-3/ 4 a bushel by 1019 GMT. Kansas wheat, which represents the hard red winter wheat variety most affected by...

  • MILAN, April 19- Luxury online retailer Yoox Net-a-Porter said on Wednesday it would open a dedicated section for the sale of high-end jewelry and watches on one of its websites, expecting to reach 100 million euros in revenues by 2020.. "This explosion in fine jewelry and watches shows there's no limit to what customers will buy online with us," Chief Executive...

  • MILAN, April 19- Luxury online retailer Yoox Net-a-Porter said on Wednesday it would open a dedicated section for the sale of high-end jewellery and watches on one of its websites, expecting to reach 100 million euros in revenues by 2020.. "This explosion in fine jewellery and watches shows there's no limit to what customers will buy online with us," Chief...

  • LONDON, April 19- Foreign exchange trading volumes rose to a record high in the first three months of the year, data from CLS showed on Thursday, as a rise in volatility from multi-year lows encouraged more buying and selling of currencies. The numbers released by CLS, a major settler of trades in the foreign exchange market, follows a huge surge in trading on Thomson...

  • FORT DIX, N.J.— The pharmaceutical-industry entrepreneur vilified for jacking up the price of a life-saving drug has been placed in a low-security federal prison in New Jersey. Martin Shkreli was moved Tuesday from the Brooklyn Metropolitan Detention Center in New York to the Federal Correctional Institution at Fort Dix. He was also fined $75,000.