Opinion | Democrats, It’s Time to Get Moving

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By Paul Krugman

Opinion Columnist

Opinion | Democrats Need to Confront Their Privilege

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By David Brooks

Opinion Columnist

Arc Resources Ltd Q3 adjusted earnings Beat Estimates

Below are the earnings highlights for Arc Resources Ltd (ARX.TO):

-Earnings: -C$123.0 million in Q3 vs. -C$66.1 million in the same period last year.
-EPS: -C$0.17 in Q3 vs. -C$0.19 in the same period last year.
-Excluding items, Arc Resources Ltd reported adjusted earnings of C$542.5 million or C$0.75 per share for the period.
-Analysts projected C$0.40 per share

Noble Corp. Earnings at $ -24 M in Q3

Below are the earnings highlights for Noble Corp. (NE):

-Earnings: -$24 million in Q3 vs. -$51 million in the same period last year.
-EPS: -$0.36 in Q3 vs. -$0.20 in the same period last year.
-Excluding items, Noble Corp. reported adjusted earnings of $10 million or $0.15 per share for the period.
-Revenue: $250 million in Q3 vs. $242 million in the same period last year.

-Guidance:
Full year revenue guidance: $870 – $900 Mln

Charlie Blackmon exercises $21 million contract option with Colorado Rockies.

Chuck Nazty will be back with the Colorado Rockies in 2022.

Outfielder Charlie Blackmon has exercised his $21 million player option with the ballclub, according to Jon Heyman, of MLB network.

Blackmon, 35, debuted with the Rockies on June 7, 2011. The left-handed batter hit 13 home runs in 2021, with 78 RBIs and a 270 batting average.

Endo Raises FY21 Outlook

Endo International plc (ENDP) raised its fiscal year 2021 adjusted net income per share from continuing operations outlook to a range of $2.80 – $2.85 from the prior estimation of $2.15 – $2.30. Analysts polled by Thomson Reuters expect the company to report earnings of $2.33 per share for fiscal year 2021. Analysts’ estimates typically exclude special items.

The company also increased its annual total revenues outlook to a range of $2.90 billion – $2.94 billion from the prior estimation of $2.73 billion – $2.79 billion. Analysts expect revenue of $2.79 billion for the quarter.

The Curious Tale of Mr. Kale

He was everything I expected and wanted. So why hasn’t he returned to Whole Foods?

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By Felice Neals

Internet Initiative Japan HY Profit Rises

Internet Initiative Japan Inc. (IIJIY) or IIJ, an Internet-related network services provider, reported that its profit attributable to owners of parent for the first-half of fiscal year 2021 was 6.89 billion yen, up 148.8% from last year.

Operating profit was 9.30 billion yen, up 77.6% from the previous year.

Total revenues for the period were 109.05 billion yen, up 7.3% from last year.

The company revised its fiscal year 2021 financial targets upward as well as increased both interim and year-end cash dividend forecast.

Accordingly, the company updated its fiscal year 2023 operating margin target in mid-term plan, which was disclosed on May 12, 2021, upward from over 9% to over 10%.

Israeli parliament approves 2022 budget

JERUSALEM, Nov 5 (Reuters) – Israel’s parliament approved a 2022 national budget on Friday by a vote of 59 to 56, giving a greater measure of fiscal stability to Prime Minister Naftali Bennett’s cross-partisan coalition government.

The $146 billion spending package was ratified after the Knesset passed on Thursday a 2021 budget ahead of a deadline which, if unmet, could have triggered a snap election.

Krones Turns To Profit In Q3 – Quick Facts

Beverage filling and packaging company Krones AG (KRNTY.PK,KRNNF.PK) reported that its third-quarter net income was 29.7 million euros or 0.94 euros per share compared to a loss of 4.1 million euros or 0.13 euros per share in the previous year.

Revenues for the third-quarter rose 23.0% year-on-year to 922.9 million euros. Order intake increased by 36.1% year-over-year to 1.15 billion euros.

For the fourth quarter of 2021, the company expects demand to stay strong and production capacity utilisation to remain stable.

Krones said it is sure of being able to meet the upgraded full-year forecast for 2021 published in the preceding quarter, due to the initiated structural measures and the company’s high degree of flexibility.

For the Krones Group, the company expects full-year revenue growth of 7% to 9% in 2021. It anticipates an EBITDA margin of 7% to 8%.