CNBC Utilities Page Wires

  • *Oil majors boost London's FTSE 100. April 23- Energy stocks boosted by a steady surge in oil prices, and a higher open on Wall Street helped European shares erase session losses and close higher on Tuesday, but a sell-off in banks and auto stocks kept gains in check. Energy-heavy London's FTSE 100 led gains in the region, up 0.9 percent at a more than six-month high,...

  • *Dow member United Tech rises after upbeat results. April 23- The S&P 500 was within striking distance of its all-time high on Tuesday as better-than-expected results from Twitter and a host of industrial companies eased concerns about slowing corporate profits. The benchmark was just 0.4% away from an intra-day record high of 2,490.91 hit on Sept. 21.

  • HAMBURG, April 23- Cargo vessels cannot navigate much of the Rhine in Germany when fully loaded after dry weather caused a drop in water levels. Traders said that from Duisburg and Cologne to south Germany the Rhine is too shallow for normal sailings, which means vessel operators impose surcharges on freight rates for cargo owners. More rain is forecast in river...

  • The company topped analysts' estimates for quarterly profit and new orders, sending its shares 3 percent higher to a nine-month high of $31.10 in morning trade. Pulte's focus on lower-priced, first-time buyer lots coupled with the recent decline in mortgage rates could solve some affordability challenges homebuyers face, Chief Executive Officer Ryan...

  • *Wall Street gains on strong corporate results. NEW YORK, April 23- European energy shares had their best day since January on the back of higher oil prices on Tuesday while Wall Street rose on upbeat results that eased fears of slowing profits. The government shutdown earlier this year weakened the economy and corporate growth but since March companies have...

  • Bernstein analyst Ali Dibadj, for example, forecast an operating margin of 20.9%. The world's no.1 maker of personal care goods, which gets more than half its sales from outside North America, has tried to offset the higher costs by upgrading several products and then raising their prices. "We're pricing to recover the costs not to recover the margin, and so we...

  • Federal Reserve Today in Washington. 24- Apr United States Sale of 2- year floating rate notes 24- Apr United States Sale of 5- year notes 24- Apr Italy CTZ/BTPi auction 24- Apr Sweden Auction of government bonds 24- Apr Germany Auction of 10- year Federal bonds 25- Apr United States Sale of 7- year notes 26- Apr Italy Bills auction 29- Apr Belgium OLO Auction 30-...

  • Brazil's pensions secretary said details of the government's pension reform proposal were still being ironed out prior to a congressional committee vote in the afternoon, with several local newspapers reporting the government had agreed to alter certain minor provisions. A report said the changes to the proposal agreed by President Jair Bolsonaro's...

  • April 23- Walgreens Boots Alliance Inc said on Tuesday its drugstores will sell tobacco products to customers who are at least 21 years old under a new policy, effective September. Last week, U.S. Senate Majority leader Mitch McConnell disclosed plans to introduce a legislation to raise the minimum age for buying tobacco products, including vaping devices, to 21...

  • NEW YORK, April 23- Twitter Inc posted better-than-expected quarterly revenue and a surprise increase in monthly users on Tuesday, sending shares up 13 percent to a nine-month high as its campaign to clean up fake and abusive accounts continued to attract advertisers. Twitter's monthly active users rose 9 million to 330 million in the first quarter from the...

  • TORONTO, April 23- Agnico Eagle Mines is doubling down this year on Nunavut, Canadas least developed territory, betting that the high-grade gold ores and slim competition there will offset the risks of digging in the remote location in the far north. They believe the company is making the right move again, thanks to high-grade ores in Nunavut and Agnico's 12 years'...

  • April 23- Walgreens Boots Alliance Inc:. *WALGREENS TO IMPLEMENT NEW TOBACCO 21 POLICY TO FURTHER PREVENT YOUTH ACCESS TO TOBACCO PRODUCTS. *WALGREENS BOOTS ALLIANCE INC- POLICY WILL BE EFFECTIVE SEPT. 1.

  • April 23- Leading proxy voting adviser Pensions& Investment Research Consultants recommended on Tuesday that investors in Boeing oppose re-election of Dennis A. Muilenburg as chairman and chief executive officer.

  • LONDON, April 23- Britain's competition regulator said on Tuesday it expected to publish its final report on supermarket group Sainsbury's proposed 7.3 billion pound takeover of Walmart-owned rival Asda on Thursday, April 25. The Competition and Markets Authority had said in its provisional report in February that the deal, agreed last April, should either...

  • *Dollar index rises to the highest since June 2017. NEW YORK, April 23- The dollar climbed across the board on Tuesday as financial markets re-opened after the Easter holiday and traders favored the greenback ahead of the release on Friday of U.S. gross domestic product data for the first three months of 2019.. "Today is certainly a good dollar day," said Minh Trang,...

  • The Chapter 11 filing affords "finality" for WMC, given its limited cash-- $175,000-- and support from GE, and the threat of further claims, WMC Chief Executive Mark Asdourian said in a filing with the U.S. bankruptcy court in Wilmington, Delaware. WMC was bought by General Electric's GE Capital unit in 2004, and originated more than $65 billion of mortgage loans from...

  • WELLINGTON, April 24- New Zealand will grant permanent residency to all survivors of the mass shooting at two Christchurch mosques in which 50 Muslim worshippers were killed, it said on Tuesday. Immigration New Zealand said a new visa category called the Christchurch Response visa had been created. Applicants must have been living in New Zealand on the day of...

  • MUMBAI, April 23- India said on Tuesday its refineries will have adequate oil supplies, thanks in part to imports from other producers, despite the United States' demand that buyers of Iranian oil stop purchases by May 1 or face sanctions. "There will be additional supplies from other major oil producing countries from different parts of the world," India's...

  • The proposed payment mechanism is the latest sign of the growing proximity of Venezuela's cash-strapped government to Russia as the United States tightens a financial noose around Venezuelan President Nicolas Maduro, who it describes as a dictator. Russia has publicly said the U.S. sanctions are illegal and it would work with Venezuela to weather them.

  • April 23- Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly profit as it focuses on cost cuts, but the U.S. wireless carrier lost more phone subscribers than analysts had expected. Jonathan Chaplin, an analyst with New Street Research, described the results as mixed, as Verizon's raised guidance...