Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) reported better-than-expected Q3 financial results, with both earnings and sales beating the consensus of analysts polled by Capital IQ. Q3 net income jumped 46.9% to NT$76.34 billion, or NT$2.94 per diluted share (US$0.49 per ADR), from NT$51.95 billion, or NT$2.00 per diluted share in the year-ago period. Analysts were expecting EPS of NT$2.80 per share. Q3 revenue rose 28.6% year-on-year to NT$209.05 billion, slightly beating the consensus of NT$208.03 billion. Q3 gross margin stood at 50.5%, operating margin was 40.4% and net profit margin was 36.5%."In the third quarter, TSMC broke new record in revenue thanks to strong demand for TSMC's advanced technologies. After two years of meticulous preparation, we began volume shipments of 20-nanometer wafers, which reached 9 percent of our third quarter wafer revenue," said Lora Ho, CFO and senior vice president of Taiwan Semiconductor. Based on the current business outlook and exchange rate of $1 to NT$30.31, the company issued upside guidance for Q4, with revenues of NT$217-NT$220 billion vs. the Street consensus of NT$212.76 billion. Q4 gross margin is expected at 48%-50%. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) is trading with a 52-week range of $16.44 - $23.07.InterCloud Systems Inc (NASDAQ:ICLD) an information technology provider, has named Timothy A. Larkin Chief Financial Officer. Prior to joining InterCloud Systems, Larkin served as Chief Financial Officer of Warren Resources (WRES) for 19 years, active in the field of secondary recovery and horizontal drilling in the oil and gas industry. During his tenure, Warren raised over $700 million in financing from both the public and private sectors. Prior to joining Warren, Larkin served as a manager in the Audit Department of Deloitte and Touche. Dan Sullivan, InterCloud's CFO for the past three years, will transition to his new role as Chief Accounting Officer. Shares of InterCloud Systems Inc (NASDAQ:ICLD) are at $3.86 within a 52-week range of $2.20 - $19.39.SUPERVALU INC. (NYSE:SVU) a grocery wholesaler, reported Q2 2015 results that beat the Street view on EPS and total revenue. The company reported Q3 adjusted EPS of $0.13, flat with $0.13 in Q2 2014 but topping analyst estimates of $0.11 for the quarter. Total revenue of $4.01 billion was up from $3.94 billion in Q2 2014 and beat analyst projections of $3.95 billion for the quarter. Same store sales in the Save-A-Lot network were up 6.5%."The investments we have made at Save-A-Lot continue to drive sales and our Retail Food stores recorded their third consecutive quarter of positive identical store sales," said President and CEO Sam Duncan. "The addition of the Rainbow stores this past quarter is a positive for our Independent Business and we are encouraged by the early results." Shares of SUPERVALU INC. (NYSE:SVU) are at $8.55 within a 52-week range of $5.38 - $9.78.
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