Spectris Plc To Buy Dytran Instruments For $82 Mln

Avalanche vs. Predators live blog: Real-time updates from Game 4 of Stanley Cup Playoffs first-round series – The Denver Post

Live updates, tweets, photos, analysis and more from the Colorado Avalanche game against the Nashville Predators at Bridgestone Arena in Nashville on May 9, 2022.

Mobile users, if you can’t see the live blog, tap here.

1 woman killed, 4 others injured in Thornton crash; motorist held under suspicion of DUI

One woman was killed and four family members were injured Sunday night after a two-car crash in Thornton.

The driver of the truck has been arrested on suspicion of DUI, Thornton police spokesman Jesus Mendez said. The crash occurred around 7 p.m. near 84th Avenue and Washington Street.

Three children and their father were initially transported to the hospital, but are now in good condition, Mendez said.

‘Better Call Saul’ Season 6, Episode 5 Recap: Psych 101

Kim loses sleep. Howard and Jimmy mix it up. Lalo resurfaces abroad.

Send any friend a story

As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share.

By David Segal

Munich Re Q1 Profit Rises; Backs FY22 Profit View, Lifts Gross Premium Outlook

German reinsurance provider Munich Re Group (0KFE.L) reported Tuesday that its first-quarter profit grew to 608 million euros from last year’s 589 million euros.

The operating result totaled 780 million euros, down from 798 million euros a year ago.

Gross premiums written increased substantially by 15.7% to 16.83 billion euros from prior year’s 14.55 billion euros.

The annualised return on equity or RoE for the quarter was 9.8%, compared to 10.4% a year ago.

Despite the uncertainties of a challenging environment, Munich Re maintained its annual profit guidance of 3.3 billion euros based on a quarterly profit of more than 600 million euros.

Gross premium is now expected to increase to 64 billion euros in 2022, compared to previous estimate of around 61 billion euros.

Renishaw 9-month Profit Rises; Cuts FY22 Outlook – Quick Facts

Renishaw plc (RSW.L), a provider of manufacturing technologies, analytical instruments and medical devices, reported Tuesday that its nine-month profit before tax grew 13 percent to 120.2 million pounds from prior year’s 106.3 million pounds.

Adjusted profit before tax amounted to 124.0 million pounds, compared to 84.4 million pounds last year

Revenue for the nine months was 492.4 million pounds, an increase of 21 percent from prior year’s 407.4 million pounds.

Manufacturing technologies revenues climbed 22 percent, but Analytical instruments and medical devices’ revenues fell 1 percent.

Looking ahead for fiscal 2022, the company now anticipates adjusted profit before tax to be between 155 million pounds and 170 million pounds and revenue between 655 million pounds and 675 million pounds.

The company previously expected full year adjusted profit before tax in the range of 157 million pounds to 181 million pounds and revenue in the range of 650 million pounds to 690 million pounds.

In the year 2021, adjusted profit before tax was 119.7 million pounds and revenue was 565.6 million pounds.

The company said it continues to see strong demand for product lines and have a strong order book. The Board remains confident in long-term prospects.

PHOTOS: Colorado Avalanche sweeps Nashville Predators in NHL Stanley Cup playoffs

Colorado Avalanche vs Nashville Predators in game 4 of the first-round of the NHL Stanley Cup playoffs at Bridgestone Arena in Nashville, Tenn. on Monday, May 09, 2022.

Full Game Story

Bayer Group Q1 Profit Rises, Sales Up 14.3%; Confirms FY Currency-adj. Outlook

The Bayer Group (BAYZF.PK,BAYRY.PK,BYR.L) said it achieved outstanding sales and earnings growth in its first quarter, with particularly substantial gains for agriculture business. The Group said its sales and earnings were not negatively impacted by Russia’s invasion of Ukraine in the quarter. Looking forward, Bayer Group confirmed the currency-adjusted outlook for the full year published in March.

Werner Baumann, Chairman of the Board of Management, said: “Our forecast going forward this year remains confident despite the great uncertainties, including the stability of supply chains and energy supplies.”

First quarter EBITDA before special items increased by 27.5 percent to 5.25 billion euros. Core earnings per share from continuing operations rose by 36.3 percent to 3.53 euros.

Net income rose by 57.5 percent to 3.29 billion euros. Earnings per share was 3.35 euros compared to 2.13 euros.

Group sales in the first quarter increased by 14.3 percent on a currency- and portfolio-adjusted basis to 14.64 billion euros.

Spectris Plc To Buy Dytran Instruments For $82 Mln

Spectris Plc (SEPJF.PK,SXS.L), a British supplier of precision instrumentation and controls, said on Tuesday that it has inked a deal to acquire Dytran Instruments, Inc., a maker of piezo-electric and MEMS-based accelerometers and sensors, for $82 million or 66 million pounds.

Commenting on the acquisition, Andrew Heath, CEO of Spectris, said: “Dytran is an excellent addition to HBK, bringing complementary technology and strengthening our sensor offering to customers in the fast-growing accelerometer market. The combination will strengthen HBK’s position in the US aerospace, space and defence industries, as well as accelerate Dytran’s revenue by leveraging HBK’s existing global sales channels.”

The acquisition , expected to be closed in the fourth quarter, is anticipated to strengthen HBK’s piezo-electric offering, add new MEMS capability, and expand sales into North America.