Man stabbed overnight in Denver has died, police say

Police are investigating a deadly overnight stabbing in Denver.

The stabbing happened in the 1600 block of East Colfax Avenue, according to a 2:59 a.m. Tuesday tweet.

Police announced on Twitter later Tuesday that the victim, a man, had been pronounced deceased and a homicide investigation is underway.

The Denver Office of the Medical Examiner will release the man’s identity after family has been notified. Police did not release information on a suspect on Tuesday.

Brenntag Q3 Profit Surges As Revenues Leap

Germany-headquartered specialty chemicals business Brenntag SE (BNTGF, BNR, BNTGY) on Wednesday reported a 57 percent jump in earnings and 36 percent surge in revenues in the third quarter of 2022.

Attributable profit surged to 246.9 million euros or 1.60 euro per share versus 157.4 million euros or 1.02 euro per share in the prior period.

Operating EBITDA increased 34.1 percent to 459.7 million euros, from 342.9 million euros in the third quarter of the previous period. On an fx-adjusted basis the increase was 22.1 percent. Brenntag Specialties recorded a growth of 17.8 percent whereas Brenntag Essentials grew 30.4 percent during the period.

Sales increased 36.4 percent to 5.1 billion euros, from 3.7 billion euros in the third quarter of the previous period. The increase was 26.1 percent on an fx-adjusted basis.

Brenntag reaffirmed its Operating EBITDA guidance of 1.7 billion euros to 1.85 billion euros in fiscal 2022.

The company remains confident of maintaining strong earnings in the fourth quarter of 2022.

Shares of Brenntag closed Tuesday’s trading at $64.46, up $3.18 or 5.18 percent from the previous close.

Heidelberger Druckmaschinen Q2 Profit Rises, Confirms FY23 Outlook – Quick Facts

Heidelberger Druckmaschinen AG (HBGRF.PK), a German precision mechanical engineering firm, reported Wednesday that its second-quarter net result after taxes climbed to 39 million euros from last year’s 27 million euros.

EBITDA improved to 68 million euros in the second quarter from previous year’s 38 million euros, due to the higher sales.

Net sales climbed to 590 million euros in the second quarter from previous year’s 542 million euros.

Incoming orders also grew 5 percent from last year to around 622 million euros.

Looking ahead for fiscal 2023, the company continues to expect net result after taxes to increase slightly compared to the prior year’s 33 million euros. Profitability is also expected to improve further. The company continues to forecast further improvement in the EBITDA margin to at least 8 percent

Sales are still expected to grow to around 2.3 billion euros compared to 2.183 billion euros in the prior year.

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Seven Seas Recalls Giant Private Label Smoked Salmon

St. Petersburg, Florida-based Seven Seas International USA, LLC is recalling Giant Food Private Label Sockeye Smoked Salmon citing the potential to be contaminated with Listeria monocytogenes, the U.S. Food and Drug Administration said.

The recall involves 540 cases of 4 oz. Giant Brand Wild Caught Sockeye Smoked Salmon with UPC 68826715832 and Lot number R4132.

The Smoked Salmon is packaged in a fully printed cardboard sleeve with a sleeve window to display the fish. It is a refrigerated item.

The product was distributed by Giant Food in Maryland, Virginia, Washington D.C. and Delaware.

The recall was initiated after the issue was discovered through routine regulatory testing conducted by the Maryland Department of Health.

Listeria monocytogenes is an organism that can cause listeriosis, a serious and sometimes fatal infection in young children, frail or elderly people, and others with weakened immune systems.

Healthy individuals may suffer only short- term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea. The infection can cause miscarriages and stillbirths among pregnant women.

However, the company has not received any reports of illnesses related to the recalled product to date.

Consumers who purchased the product with Lot code R4132 are urged to return it to the place of purchase for a full refund.

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DAX Extends Gains Ahead Of Fed Decision

German stocks rose on Wednesday to extend gains from the previous session as investors braced for the Federal Reserve’s interest-rate decision later in the day.

In economic releases, German exports dropped unexpectedly, and imports logged its first time fall in eight months in September, official data revealed earlier today.

Exports dropped 0.5 percent month-on-month after rising 2.9 percent in August,
Destatis reported. At the same time, imports registered a decline of 2.3 percent, in contrast to the 4.9 percent rise in August.

On a yearly basis, exports logged a double-digit growth of 20.3 percent but slower than the prior month’s 23.1 percent increase. Likewise, imports growth eased to 30.7 percent from 37.6 percent.

In a separate communiqué, the statistical office said the jobless rate held steady at seasonally adjusted 3.0 percent in September.

The benchmark DAX was up 57 points, or 0.4 percent, at 13,395 after rising 0.6 percent the previous day.

Ahold Delhaize Q3 Underlying Profit Rises; Increases Full Year EPS Outlook

Ahold Delhaize (ADRND.PK,AHODF.PK) reported that its third-quarter underlying EPS from continuing operations was 0.70 euros, an increase of 31.6% over prior year at actual rates. Underlying EBITDA increased to 1.89 billion euros from 1.57 billion euros.

Income from continuing operations increased to 589 million euros from 522 million euros, prior year. Income per share from continuing operations was 0.59 euros compared to 0.51 euros.

Group net sales increased 9.1% at constant exchange rates to 22.4 billion euros. At actual exchange rates, net sales grew 20.8%. Comparable sales growth excluding gasoline was 7.9%, for the quarter.

The Group increased its full year EPS outlook. It now forecasts low-double-digit 2022 underlying EPS growth versus the prior mid-single-digit guidance. The 2022 free cash flow outlook remains at approximately 2.0 billion euros.

Also, Ahold Delhaize remains committed to its dividend policy and share buyback program. The Group said it is on track to increase full-year dividend within 40-50% payout range, in line with policy. The Group also announced a new 1 billion euros share buyback program to start at the beginning of 2023.

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