Woolworths Q1 Total Sales From Cont. Opns Up 7.8%

Teradyne Inc. Q3 adjusted earnings Beat Estimates

Teradyne Inc. (TER) announced earnings for its third quarter that increased from the same period last year.

The company’s bottom line came in at $256.7 million, or $1.41 per share. This compares with $222.7 million, or $1.21 per share, in last year’s third quarter.

Excluding items, Teradyne Inc. reported adjusted earnings of $278.6 million or $1.59 per share for the period.

Analysts had expected the company to earn $1.43 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 16.1% to $951 million from $819 million last year.

Teradyne Inc. earnings at a glance:

-Earnings (Q3): $278.6 Mln. vs. $205.4 Mln. last year.
-EPS (Q3): $1.59 vs. $1.18 last year.
-Analysts Estimate: $1.43
-Revenue (Q3): $951 Mln vs. $819 Mln last year.

Next quarter EPS guidance: $1.14 – $1.40

Equinor Q3 profit surges as gas price spikes

FILE PHOTO: Equinor’s flag in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins

OSLO (Reuters) – Norway’s Equinor posted its strongest quarterly result in nine years on Wednesday, driven by a global energy supply crunch that pushed Europe’s natural gas prices to all-time highs.

Adjusted earnings before tax rose to $9.77 billion in the July-September quarter from $780 million in the same period a year ago, exceeding the $8.4 billion predicted in a poll of 25 analysts compiled by Equinor.

Greenpro Capital Stock Surges 140% As Angkasa-X Files Application To Launch Satellites

Shares of Greenpro Capital Corp. (GRNQ) are gaining over 140% on Monday morning after the company announced that its incubated company Angkasa-X files application to launch its Low Earth Orbit satellites.

Greenpro owns 28 million shares in Angkasa-X and is planning to list the company via an IPO on a U.S. exchange in the coming months. GRNQ is currently trading at $2.04, up $1.19 or 140.00%, on the Nasdaq.

By initiating the process to obtain low earth orbits to launch its LEO satellites in the coming months, Angkasa-X has executed a Financial Advisory Agreement with BOA Investment Services Limited, a wholly-owned subsidiary of Bank of Asia, to appoint BOA as the long term financial partner to raise fund for Angkasa-X to set up ASEANLINK LEO Satellite Constellations.

Santander's Q3 net profit rises 24% year-on-year on lower provisions

MADRID, Oct 27 (Reuters) – Spain’s Santander on Wednesday said its net profit in the third quarter rose 24% against the same period of last year thanks to lower loan loss provisions and a solid performance in the United States and Britain.

The euro zone second-biggest lender in terms of market value reported a net profit of 2.17 billion euros ($2.53 billion), more than the 1.97 billion euros forecast by analysts polled by Reuters.

DWS Group Net Income Rises In Nine-month Period

DWS Group (DWS), a German asset management company, on Wednesday, posted a rise in its net income for the nine-month period ended in September, driven by positive market cues.

The Frankfurt-headquartered firm posted a net income of 522 million euros for the three-quarter ended in September, compared to 394 million euros, recorded for the same period, last year.

The firm’s adjusted profit before tax increased by 31 percent to 766 million euros for the 36-week period.

DWS Group generated a total revenue of 1.92 billion euros for the period, up by 18 percent year-on-year. The Group attributed the growth to significant increase in management fees driven by higher average Assets under Management, positive developments of market values as well as higher contribution from its stake in Harvest.

The Group said its outlook for the full year 2021 remains unchanged. For the full year 2022, the firm expects the adjusted cost-income ratio to be in the low 60 percent.

It has also reiterated its net flow target of over four percent on average in the medium term, driven by its targeted growth areas ESG, Passive, and high-margin strategies.

'Dune' sequel greenlit by Legendary and Warner Bros.

  • Legendary Entertainment and Warner Bros. have greenlit a sequel to "Dune."
  • Denis Villeneuve's adaption of Frank Herbert's novel tallied $41 million at the domestic box office over the weekend. Globally, the film hauled in $220 million.
  • The film was also made available on HBO Max at the same time.

In this article

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Denis Villeneuve will get the chance to create the second film of his planned two-part adaptation of Frank Herbert's "Dune," Legendary Entertainment and Warner Bros. said Tuesday.

The news comes after Villeneuve's "Dune" tallied $41 million at the domestic box office during its debut over the weekend, a solid haul considering the film also launched on HBO Max Friday. Globally, the film hauled in $220 million.

While Warner Bros. seemed keen to greenlight a second film for Villeneuve, Legendary owns the cinematic rights to the novel and had to be onboard in order to continue the story on the big screen.

The second film is expected to follow Paul Atreides (Timothee Chalamet) as he joins the Fremen and works to bring peace to the desert planet of Arrakis.

"Dune: Part Two" will debut Oct. 20, 2023.

Woolworths Q1 Total Sales From Cont. Opns Up 7.8%

Woolworths Group Limited (WOW.AX) reported that its group sales for the first-quarter declined 10.1% to A$16.07 billion from A$17.88 billion in the prior year. The prior year results have been restated to reflect the new Australian B2B segment and included A$22 million of external revenue previously classified withing COGS. But, total sales from continuing operations for the quarter were up 7.8%.

In Australian Food, total sales for the first-quarter increased by 3.9% year-over-year to A$12.27 billion.

New Zealand Food’s quarterly total sales increased by 9.7% to NZ$2.06 billion from the prior year.

BIG W’s total sales in the first-quarter decreased by 17.5% to A$920 million from the previous year.