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CNBC Utilities Page Wires

  • April 19- Activist investor Jana Partners disclosed a 9.1 percent stake in Pinnacle Foods Inc and said it would seek talks with the company on a range of subjects including a possible sale of the packaged foods maker. Jana, in a regulatory filing, also said it would have talks with Pinnacle about the composition of its board of directors. Its shares rose nearly 8...

  • LANSING, Mich.— Michigan Attorney General Bill Schuette has sued the company he says damaged electric cables and oil pipelines in a Great Lakes channel by dragging a tugboat anchor across them. The lawsuit was filed Thursday in Ingham County Circuit Court against VanEnkevort Tug& Barge Inc. of Escanaba, Michigan. Two cables were damaged April 1 and released...

  • PHOENIX _ Western Alliance Bancorp on Thursday reported first-quarter earnings of $100.9 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share. Five analysts surveyed by Zacks expected $229.2 million.

  • April 19- Mattel Inc, which has been trying to revive its tepid sales, said on Thursday its director and former digital media executive Ynon Kreiz will replace Chief Executive Margaret Georgiadis, who has decided to step down after a 14- month tenure. Kreiz, who is the former head of digital media company Maker Studios that assembled a stable of YouTube stars and...

  • NEW YORK, April 19- New York Governor Andrew Cuomo on Thursday ramped up pressure on banks and insurers to revisit whether their ties to the National Rifle Association and other gun rights groups harm their reputations and the public interest. The governor directed New York's Department of Financial Services to urge state-chartered banks and the more than...

  • April 19- Macerich Co said on Thursday Chief Executive Arthur Coppola will retire at year-end, capping a 25- year stint at the helm of the U.S. shopping mall operator. Coppola will also step down as chairman, and will be succeeded by Macerich board member Steven Hash. The company also faces a challenge from activist hedge fund Starboard Value LP, which nominated...

  • NEW YORK, April 19- Puerto Rico's federal oversight board on Thursday approved a fiscal turnaround plan that includes pension cuts and labor reforms that Governor Ricardo Rossello has vowed to defy, portending the latest potential court battle over the bankrupt U.S. territory's future. At a hearing in San Juan, broadcast via the internet, the seven-member...

  • BRUSSELS/ SAO PAULO, April 19- Europe's decision to ban meat imports from several Brazilian suppliers affects 30 to 35 percent of the country's exports to the bloc and will force companies to find new markets while officials work to reverse the measure, Brazil's Agriculture Minister said. The European Union on Thursday suspended imports of Brazilian meat...

  • *U.S. shares dragged down by Apple, Philip Morris. *Oil prices settle after 3- year peaks on report Saudis want higher prices. NEW YORK, April 19- Tobacco and tech stocks dragged down Wall Street on Thursday, while oil prices softened and other commodities walked back huge gains after a wild ride.

  • EXTON, Pa. _ Omega Flex Inc. on Thursday reported first-quarter net income of $4.2 million. On a per-share basis, the Exton, Pennsylvania- based company said it had profit of 41 cents. Omega Flex shares have dropped slightly more than 2 percent since the beginning of the year.

  • But Trump's escalating trade dispute with China would hit farmers hard, giving Heitkamp and other Democrats a rare political opportunity in a region where they have struggled for decades. The crop is farm country's most valuable export to China, worth $12 billion last year. The trans-Pacific quarrel strikes at the heart of Trump's rural support in farm states,...

  • *Protectionism not hurting Japan's economy yet- Kuroda. *Risk of damage to Japan's growth "right in front of us". WASHINGTON, April 19- Bank of Japan Governor Haruhiko Kuroda said the rising tide of protectionism is emerging as a more imminent risk to Japan's economy, issuing his strongest warning to date of the damage trade frictions could inflict on an otherwise...

  • TORONTO, April 19- Canada's main stock index fell on Thursday, pulling back from a four-week high reached the day before, as shares of consumer cyclical and materials companies led broad-based declines. *The Toronto Stock Exchange's S&P/TSX composite index fell 75.55 points, or 0.49 percent, to 15,454.42. *Auto parts producer Magna International Inc, which said...

  • FRANKLIN, N.C. _ Entegra Financial Corp. on Thursday reported first-quarter profit of $3.6 million. The bank, based in Franklin, North Carolina, said it had earnings of 51 cents per share. The holding company for Macon Bank posted revenue of $16.5 million in the period.

  • SHERMAN OAKS, Calif. _ Cherokee Inc. on Thursday reported a loss of $45.6 million in its fiscal fourth quarter. On a per-share basis, the Sherman Oaks, California- based company said it had a loss of $3.26. For the year, the company reported that its loss widened to $56 million, or $4.17 per share.

  • 1. Bruno Mars; $3,966,040; $110.18. 2. "Springsteen On Broadway"; $2,263,095; $508.75. 3. Cirque du Soleil- "Totem"; $1,700,379; $83.09.

  • YORK, Pa. _ Codorus Valley Bancorp Inc. on Thursday reported first-quarter earnings of $4.1 million. The bank, based in York, Pennsylvania, said it had earnings of 45 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • BELMONT, Mass. _ BSB Bancorp Inc. on Thursday reported first-quarter earnings of $6 million. The Belmont, Massachusetts- based bank said it had earnings of 64 cents per share. BSB Bancorp shares have risen 8.5 percent since the beginning of the year.

  • PHILADELPHIA _ Brandywine Realty Trust on Thursday reported a key measure of profitability in its first quarter. The Philadelphia- based real estate investment trust said it had funds from operations of $57.3 million, or 32 cents per share, in the period. The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from...

  • KALISPELL, Mont. _ Glacier Bancorp Inc. on Thursday reported first-quarter profit of $38.6 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. Four analysts surveyed by Zacks expected $129.3 million.