LOS ANGELES, May 23, 2025 (GLOBE NEWSWIRE) -- Feit Electric, a leading global manufacturer of lighting and smart home solutions, today announced it has acquired substantially all the assets of Universal Security Instruments Inc. (NYSE American: UUU), including its trusted brand and portfolio of patented home safety technologies. Founded in 1969, Universal Security Instruments (USI) has been a pioneer in smoke, fire, and carbon monoxide alarm innovation for more than five decades. With 11 U.S. patents and a ...

RETRANSMISSION: Universal Digital Inc. Files Preliminary Prospectus for 2X Crypto Equity ETFsMay 23, 2025 9:56 AM EDT | Source: Universal Digital Inc.Universal Digital and LongPoint enter into a partnership agreement to establish ETFs in CanadaUniversal Digital and LongPoint have filed a preliminary prospectus seeking to list 2X leveraged single stock ETFs on Coinbase and MicroStrategyVancouver, British Columbia--(Newsfile Corp. - May 23, 2025) - Universal Digital Inc. (CSE: LFG) (FSE: 8R20) ( ...

Core Viewpoint - Universal Digital Inc. has filed a preliminary prospectus for the launch of two new leveraged exchange-traded funds (ETFs) in partnership with LongPoint Asset Management, aimed at providing Canadian investors with amplified exposure to Coinbase and MicroStrategy [1][3][7] Group 1: ETF Details - The proposed ETFs are the LFG Daily (2X) COIN Long ETF (COIU ETF) and the LFG Daily (2X) MSTR Long ETF (MSTU ETF), designed to deliver twice the daily performance of Coinbase Global Inc. and MicroStrategy Inc., respectively [1][2] - Both ETFs will be structured as alternative mutual funds and are expected to be listed on the Toronto Stock Exchange (TSX) under the ticker symbols "COIU" and "MSTU" [2][4] - The ETFs are anticipated to be the first of their kind available for investors on a Canadian stock exchange, with significant existing investments in similar U.S. ETFs [4][5] Group 2: Partnership and Management - Universal Digital and LongPoint entered into a partnership agreement on May 21, 2025, to establish, operate, and market the ETFs in Canada, with LongPoint serving as the investment fund manager [3][5] - LongPoint brings over 70 years of combined expertise in the ETF market, focusing on compliance and operational management [10] Group 3: Market Context - There are currently over US$3.6 billion in assets invested in 2X long MSTR targeted ETFs and nearly US$850 million in 2X long COIN targeted ETFs in the U.S., indicating a strong market demand for such products [4]

Disney World is facing a formidable new challenger, but execs aren't breaking a sweat — yet. Universal's eagerly anticipated new theme park, Epic Universe, opens to the public on Thursday in Orlando. It features attractions from tentpole franchises like Harry Potter and Super Mario, plus a Dark Universe section focused on villains and rides from the "How to Train Your Dragon" movie."Everything is so magnificent," said Francis Dominic, a theme-park-focused influencer who toured Epic Universe before its gran ...

Group 1 - Universal Music Group (UMG) is the world's largest music label and has been publicly traded on the Amsterdam stock exchange for almost four years since its spin-off from Vivendi [1] - The company aims to invest in firms with strong qualitative attributes, purchasing them at attractive prices based on fundamentals, and holding them long-term [2] Group 2 - The article does not provide any specific financial data or performance metrics related to Universal Music Group or the music industry [1][2] - There are no disclosures regarding stock positions or investment plans related to Universal Music Group or any other companies mentioned [3] - The article emphasizes that past performance does not guarantee future results, and no specific investment recommendations are made [4]

SAN DIEGO, May 15, 2025 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX) (the Company), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) therapeutics, today announced that it will host a virtual research and development (R&D) day on Thursday, May 22, 2025, from 10:00 to 11:30 AM ET. To register, click here. The event will feature key opinion leaders (KOLs) Fred Hayden, MD, FACP (University of Virginia School of Medicine) and Rick Bright, PhD ( ...

Core Insights - The article emphasizes a strong foundation in fundamental analysis and the identification of undervalued companies with long-term growth potential [1] - The investment approach combines value investing principles with a focus on long-term growth, advocating for the purchase of quality companies at a discount to their intrinsic value [1] Investment Strategy - The strategy involves holding investments for the long term to allow for compounding of earnings and shareholder returns [1]

Universal Technical Institute, Inc.’s (UTI) stock gained 11.4% in yesterday’s after-hours trading session as it reported impressive second-quarter fiscal 2025 results. Both earnings and revenues surpassed the Zacks Consensus Estimate and increased on a year-over-year basis.The company achieved strong growth in the fiscal second quarter, driven by its strategy, focused on expansion, diversification and optimization. Both divisions saw year-over-year improvements in key financial and operational areas. Higher ...

Delivers Financial and Operational Outperformance in Fiscal Q2; Raises FY 2025 GuidancePHOENIX, May 7, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, reported financial results for the fiscal 2025 second quarter ended March 31, 2025. Universal Technical Institute, Inc. operates in two reportable segments, Universal Technical Institute (UTI) and Concorde Career Colleges (Concorde ...

Shares of Universal Health Realty Income Trust (UHT) have gained 0.2% since the company reported its earnings for the quarter ended March 31, 2025. This compares to the S&P 500 Index’s 0.6% gain over the same time frame. Over the past month, the stock lost 6.7%, underperforming the broader market’s 0.6% decline.For the first quarter of 2025, Universal Health Realty reported a net income of $4.8 million, compared with $5.3 million in the prior-year period. This 9.9% decline in net income was primarily attrib ...