CNBC Utilities Page Wires

  • LONDON— The condom, the pill and now, the smartphone? Natural Cycles, a mobile fertility app, this month became the first ever digital contraceptive device to win FDA marketing approval. "Apps are incredibly popular and there's nothing inherently wrong about using tech to support our health," said Bekki Burbidge, deputy chief executive of the Family Planning...

  • *Chip stocks fall on weak Nvidia, AMAT forecasts. Aug 17- The Nasdaq Composite opened lower on Friday as weak forecasts from Applied Materials and Nvidia weighed on chip stocks, while gains in energy stocks due to rising crude prices helped the S&P and the Dow Industrials cut their losses. Nvidia dropped 4 percent after the chipmaker said cryptocurrency-fueled...

  • *India back at $1 premium vs $1.50 discount last week. *Premiums rise in China, Hong Kong, Singapore and Japan. Dealers in India, the second biggest gold consumer after China, were charging a premium of up to $1 an ounce, compared with a discount of $1.5 last week, as prices fell to their lowest since Jan. 10, at 29,268 rupees, earlier on Friday.

  • The Dow Jones Industrial Average rose 1 point to 25,566. The Nasdaq composite fell 24 points, or 0.3 percent, to 7,781. The Russell 2000 index of smaller-company stocks lost 2 points, or 0.2 percent, to 1,683.. The S&P 500 is up 0.1 percent this week after a series of big swings linked to worries about Turkey's currency crisis, China's economic growth, and hopes for...

  • SAO PAULO, Aug 17- Fears of e-commerce taking off in Brazil have sunk shares of the country's big mall operators this year, but industry executives expressed confidence that local shopping habits, the reputation of malls as public spaces safe from crime and other factors will help them avoid the shakeout that has hit their U.S. peers. They say a better mix of...

  • SHANGHAI, Aug 17- One of China's biggest debt rating agencies has been punished by the securities regulator and a supervisory group under the central bank, in a rare rebuke that underscores Beijing's concern about credit risks at a time of slowing economic growth. China's credit ratings industry has a reputation for providing favorable ratings for local...

  • CHICAGO, Aug 17- Deere& Co's profits in the third quarter missed Wall Street estimates on higher raw material and freight costs, sending shares 3.3 percent lower. It is "confident" it would deliver adjusted net income of $3.1 billion in the fiscal 2018, it said in its Friday quarterly report, versus $2.2 billion in fiscal 2017.. JP Morgan analysts said that would...

  • NEW YORK, Aug 17- The Canadian dollar gained against its U.S. counterpart on Friday after the country's annual inflation rate accelerated by more than expected, increasing prospects that the Bank of Canada might raise interest rates next month. "With that size of a shock, probably should have moved more," said Greg Anderson, global head of foreign exchange strategy...

  • NEW YORK— Tesla shares drop 6 percent after reports of widening SEC probe and amid questions of CEO Musk's ability to run company.

  • LONDON, Aug 17- Britain's markets watchdog has so far been contacted by only one company interested in taking advantage of a rule it introduced to attract state-owned firms like Saudi Aramco to London, the regulator told Reuters without naming the firm. Aramco's initial public offering, which could value the oil company at an estimated $2 trillion, would be the...

  • NEW YORK— The latest on developments in financial markets:. Chipmakers Applied Materials and Nvidia both fell sharply in early trading Friday after warning of weaker results ahead. Applied Materials fell 8.8 percent and Nvidia fell 2.7 percent.

  • NEW YORK— The Latest on Tesla CEO Elon Musk:. Musk admitted in an interview with The New York Times that stress is taking a heavy toll on him. Electric car maker Tesla's CEO Elon Musk has admitted in a wide-ranging interview with The New York Times that stress is taking a heavy toll in what he calls an "excruciating year."

  • Aug 17- The Nasdaq Composite opened lower on Friday as weak forecasts from Applied Materials and Nvidia weighed on chip stocks, while rising crude prices boosted energy stocks and helped the S&P and the Dow Industrials cut their losses. The Dow Jones Industrial Average dipped 7.93 points, or 0.03 percent, at the open to 25,550.80, while the S&P 500 edged lower by...

  • Aug 17- Canada's main stock index fell on Friday, led by financial stocks as investors gauged the much stronger-than-expected inflation data for pace of interest rate hikes by the Bank of Canada.

  • OTTAWA, Aug 17- Canada's annual inflation rate accelerated to 3.0 percent in July from 2.5 percent in June as energy prices climbed, raising expectations that the Bank of Canada might raise interest rates further as soon as next month. "This certainly raises the probability of a move in September by the Bank of Canada, but there's going to have to be further...

  • NEW YORK/ WASHINGTON, Aug 17- U.S. President Donald Trump said on Friday he had asked the U.S. Securities and Exchange Commission to study the impact of allowing companies to file reports with the financial regulator every six months instead of every quarter. Still, as an independent commission-led agency, the SEC cannot be forced by the president to implement any...

  • *Lira weakens on fresh troubles in U.S.- Turkey relations. Aug 17- U.S. stock index futures pointed to a lower opening on Friday as weak forecasts from Applied Materials and Nvidia weighed on the shares of chipmakers and Turkey's battered currency slipped further. Shares of Nvidia dropped 2.3 percent in premarket trading after the chipmaker said...

  • *S&P to release review of Turkey's debt rating. ISTANBUL, Aug 17- Turkey's battered lira weakened 5 percent on Friday after a Turkish court rejected a U.S. The lira crisis has deepened concerns about the broader economy- particularly Turkey's dependence on energy imports and whether foreign-currency debt levels pose a risk to the banking sector.

  • *CAMPBELL TAPS GOLDMAN TO EXAMINE SALES OF BUSINESS UNITS TO PAY DOWN DEBT- CNBC, CITING SOURCES.

  • CAMPBELL IS WEIGHING SALE OF AUSTRALIAN COOKIE BRAND, ARNOTTS BISCUITS AND ITS FRESH FOOD UNIT- CNBC, CITING SOURCES.