Cameco Corporation Q3 Earnings Summary
Below are the earnings highlights for Cameco Corporation (CCO.TO):
Earnings: -C$20 million in Q3 vs. -C$72 million in the same period last year.
EPS: -C$0.05 in Q3 vs. -C$0.18 in the same period last year.
Excluding items, Cameco Corporation reported adjusted earnings of C$10 million or C$0.03 per share for the period.
Revenue: C$389 million in Q3 vs. C$361M in the same period last year.
FTI Consulting Falls 13% After Reducing FY22 Outlook
Shares of FTI Consulting, Inc. (FCN) are declining more than 13 percent on Thursday morning trade after the company cut its full-year 2022 earnings and revenue expectations from its previous outlook.
The company now projects earnings in a range of $6.40-$6.80 per share, compared to the previous projection was in a range of $6.40-$7.20 per share. FTI’s latest revenue projection is in the range of $2.965 to $3.025 billion, while the previous expectation was in the range of $2.920-$3.045 billion.
Currently, shares are at $149.57, down 15.12 percent from the previous close of $176.21 on a volume of 321,059.
Millicom International Cellular SA Q3 Earnings Summary
Below are the earnings highlights for Millicom International Cellular SA (MICC):
Earnings: -$32 million in Q3 vs. $5 million in the same period last year.
EPS: -$0.18 in Q3 vs. $0.04 in the same period last year.
Revenue: $1.388B in Q3 vs. $1.006 billion in the same period last year.
KONE Corp. Q3 Adj. Profit Declines; Sales Up 14.9%
KONE Corp. (KNYJF.PK) reported third quarter adjusted EBIT of 305.8 million euros, a decline of 6.3% from last year. Adjusted EBIT margin was 10.2% compared to 12.5%.
Net income was 238.0 million euros, down 8.7%. Basic earnings per share was 0.46 euros compared to 0.50 euros.
Sales grew by 14.9% to 3.00 billion euros. At comparable exchange rates, sales grew by 6.5%. Orders received declined by 2.5% to 2.15 billion euros. At comparable exchange rates, orders declined by 10.0%.
KONE estimates sales in 2022 to decline by 1 to 4% at comparable exchange rates as compared to 2021. The adjusted EBIT is expected to be in the range of 1.01-1.09 billion euros. KONE previously estimated adjusted EBIT to be in the range of 1.13-1.21 billion euros.
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State Dept. Urges U.S. Citizens To Depart Ukraine Immediately After American’s Killing
The U.S. Government has repeated its call on all American citizens in Ukraine to depart immediately if it is safe to do so using any commercial or other privately available ground transportation options.
“We once again reiterate that U.S. citizens should not travel to Ukraine due to Russia’s full-scale invasion and active armed conflict,” the State Department said in a statement issued in the wake of Russian military returning the body of a young American who was killed in August while fighting alongside the Ukrainian military.
CNN reported that the Russian military handed over the body of 24-year-old Joshua Jones to Ukrainian custody in the Zaporizhzhia region on Wednesday.
State Department spokesman Ned Price said the remains of Jones “will soon be returned to the family.”
He said the United States is appreciative of Ukraine for including recovery of Jones’ remains in its negotiations with Russia.
Price warned that U.S. citizens who travel to Ukraine, including to participate in the fighting there, face significant risks and the United States cannot guarantee their safety. “We encourage U.S. citizens to devote their energies towards the many other opportunities that exist to help Ukraine and its people,” he added.
Jones is the latest among a number of Americans who have been captured or killed in Ukraine since Russia invaded that country in February.
Cullen/Frost Bankers Q3 Profit Increases
Cullen/Frost Bankers, Inc. (CFR) Thursday announced an increase in third-quarter earnings, compared to the prior year.
The company’s quarterly earnings were $168.09 million, up from $106.31 million a year ago. On average, 13 analysts polled by Thomson Reuters expected the company to earn $2.23 per share. Analysts estimates usually exclude special items.
Net interest income for the third quarter was $355.55 million compared to $246.12 million in the previous year.
Further, the Cullen/Frost board declared fourth quarter dividend of $0.87 to shareholders on record November 30, payable December 15.
Action Plan To Promote Cybersecurity In U.S. Chemical Sector
The leading chemical companies in the United States and the U.S. government’s lead agency for the chemical sector – the Cybersecurity and Infrastructure Agency (CISA) – have agreed on a plan to promote a higher standard of cybersecurity across the sector, including capabilities that enable visibility and threat detection for industrial control systems.
The Chemical Action Plan will serve as a roadmap to guide the sector’s assessment of their current cybersecurity practices over the next 100 days, building on the lessons learned and best practices of the previously launched action plans for the electric, pipeline, and water sectors to meet the needs for this sector.
The Chemical Action Plan will Focus on high-risk chemical facilities that present significant chemical release hazards with the ultimate goal of supporting enhanced ICS cybersecurity across the entire chemical sector.
The Chemical Action Plan will drive information sharing and analytical coordination between the Federal Government and the chemical sector.
The majority of chemical companies in the U.S. are privately owned. The chemical sector produces and manufactures chemicals that are used directly or as building blocks in the everyday lives of Americans, from fertilizers and disinfectants to personal care products and energy sources.