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CPFL Gains as B3 Faces Quarterly Profit Drop

CPFL Gains as B3 Faces Quarterly Profit Drop
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SRF Q4 Results: Firm posts fifth straight drop in quarterly profit

SRF Q4 Results: Indian chemicals and polymers maker SRF posted a drop in profit for the fifth quarter in a row on Tuesday, hurt by sustained weak demand in its mainstay chemicals business. ....

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Warren Buffett's Berkshire pares huge Apple stake as cash, operating profit set records

Berkshire Hathaway Inc s record profit driven by insurance operations included a significant Apple share sale, increasing cash to $189 billion. Buffett s move away from Apple reflects investor concerns. The company also repurchased its own stock and held its annual meeting in Omaha. ....

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Pinnacle West Capital posts Q1 profit on customer growth, new rates

Utility companies use General Rate Case (GRC) proceedings to increase consumer electricity prices to ask for an increase in rates on the basis of its total cost of providing service. Through its principal subsidiary, Arizona Public Service, the company provides retail electricity service to approximately 1.4 million Arizona homes and businesses. "The first quarter proved to be a strong start to our year and continued to build on the momentum of a growing and diverse customer base," said Pinnacle West Chief Executive Officer Jeff Guldner, in a statement, citing 1.8% year-over-year customer growth and weather-normalized sales growth of 5.9%. ....

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