Unless

YieldMax™ Launches Bitcoin Option Income Strategy ETF YBIT

Retrieved on: 
Tuesday, April 23, 2024

The Distribution Rate is the annual yield an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward.

Key Points: 
  • The Distribution Rate is the annual yield an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward.
  • Such potential losses may not be offset by income received by the ETF.
  • Risk Disclosures (Unless stated otherwise, the noted risks below apply to all YieldMax ETFs referenced above)
    Applicable only to YBIT: Bitcoin ETP Risk.
  • As of April 22, 2024, the YieldMax™ Bitcoin Option Income Strategy ETF: (i) does not hold a position in any Bitcoin ETP (ii) does not hold a position in Bitcoin or any other digital assets; (iii) does not hold derivatives that track the performance of Bitcoin or any other digital assets; and (iv) does not hold or seek direct exposure to the current “spot” or cash price of Bitcoin.

EverQuote Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Monday, February 26, 2024

CAMBRIDGE, Mass., Feb. 26, 2024 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • CAMBRIDGE, Mass., Feb. 26, 2024 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the fourth quarter and year ended December 31, 2023.
  • EverQuote exited the health insurance vertical at the end of the second quarter of 2023.
  • Revenue in our health insurance vertical was $13.1 million in the fourth quarter of 2022.)
  • EverQuote will host a conference call and live webcast to discuss its fourth quarter and full year 2023 financial results at 4:30 p.m. Eastern Time today, February 26, 2024.

AngioDynamics Reports Fiscal Year 2024 Second Quarter Financial Results; Revises Fiscal Year 2024 Guidance

Retrieved on: 
Friday, January 5, 2024

Net sales for the second quarter of fiscal year 2024 were $79.1 million, an increase of 2.7% compared to the prior-year quarter.

Key Points: 
  • Net sales for the second quarter of fiscal year 2024 were $79.1 million, an increase of 2.7% compared to the prior-year quarter.
  • AngioVac sales were $5.4 million in the quarter, a decline of 10.8% from the second quarter of fiscal 2023.
  • U.S. net sales in the second quarter of fiscal 2024 were $64.0 million, an increase of 0.6% from sales of $63.6 million a year ago.
  • Gross margin for the second quarter of fiscal 2024 was 50.9%, a decrease of 80 basis points from gross margin of 51.7% in the second quarter of fiscal 2023.

Oxford Biomedica Plc - INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2023

Retrieved on: 
Wednesday, September 20, 2023

Dr. Frank Mathias, Oxford Biomedica’s Chief Executive Officer, said:

Key Points: 
  • Dr. Frank Mathias, Oxford Biomedica’s Chief Executive Officer, said:
    “Oxford Biomedica is a market leader in the fast-growing gene and cell therapy market.
  • I value our staff tremendously and thank everyone for their hard work and contribution to Oxford Biomedica both now and into the future.
  • Cash at 30 June 2023 was 9% higher at £129.4 million compared to £118.5 million at 30 June 2022.
  • The net cash position was 16% higher at £90.1 million as of 30 June 2023 (30 June 2022: £78.7 million).

Eagle Materials Reports Record First Quarter Results With 24% EPS Growth

Retrieved on: 
Thursday, July 27, 2023

Eagle Materials Inc. (NYSE: EXP) today reported financial results for the first quarter of fiscal 2024 ended June 30, 2023. Notable items for the quarter are highlighted below.

Key Points: 
  • Eagle Materials Inc. (NYSE: EXP) today reported financial results for the first quarter of fiscal 2024 ended June 30, 2023. Notable items for the quarter are highlighted below.
  • During the quarter, we reached an important milestone in the production of Portland Limestone Cement, surpassing 50% across our system.
  • We completed the acquisition of a cement import terminal in northern California that further strengthens our competitive position in that market.
  • Residential construction activity remains resilient as the market balances interest rate-related affordability challenges with chronic supply shortages and strong demand.

COVID in kids: younger children and those from deprived areas are at higher risk of being hospitalised – new research

Retrieved on: 
Wednesday, July 5, 2023

Of the 3.2 million children and teenagers in England with a first COVID infection during this period, nearly 30,000 were hospitalised.

Key Points: 
  • Of the 3.2 million children and teenagers in England with a first COVID infection during this period, nearly 30,000 were hospitalised.
  • We found that over 70% of these children needed hospital care, in whole or in part, because of COVID.
  • Our study also showed increased vulnerability in the youngest children (particularly those under a year old), children from more deprived areas and minority ethnic children.

Some key findings


    We were part of a group of paediatricians and data scientists who worked together studying child health records. We categorised the children’s hospital admissions into four groups:
    • Unlike in the adult population, COVID infections contracted in hospital were rare, accounting for about 1% (380 cases), compared with around 30% in adults.
    • This is probably because most children stay in hospital for a shorter time than adults, providing less opportunity to catch COVID.
    • Among adults, the proportion in hospital primarily due to COVID decreased significantly with the arrival of omicron in December 2021.

Deprived children at higher risk

    • There were fewer total recorded infections among children living in the most deprived areas (625,000) compared with the least deprived (732,000).
    • The higher number of hospital admissions in deprived children probably reflects greater exposure to infection but might also reflect higher vulnerability to severe disease.
    • Children in more deprived areas have much higher rates of obesity than those in less deprived areas due to socioeconomic inequalities.

The youngest children

    • Or they may appear more unwell and cause parents and doctors greater concern when they catch this infection compared with older children.
    • It’s well known that children under one are more vulnerable to other respiratory illnesses such as RSV.
    • Notes on terminology: Technically, children are infected with SARS-CoV-2 and “COVID” refers to the disease on emergence of symptoms.

Fairfax Financial Partners With Kennedy Wilson to Acquire Loan Portfolio From Pacific Western Bank, Makes Additional Equity Investment in Kennedy Wilson

Retrieved on: 
Monday, June 5, 2023

TORONTO, June 05, 2023 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX:FFH and TSX:FFH.U) is pleased to announce that it has agreed with Kennedy-Wilson Holdings, Inc. (“Kennedy Wilson”) (NYSE:KW) that, through certain of its subsidiaries (collectively, “Fairfax”), it will acquire an interest of approximately 95% in certain of the real estate construction loans (collectively, the “Loans”) that Kennedy Wilson has agreed to acquire from Pacific Western Bank (the “Transaction”), a bank holding company headquartered in California.

Key Points: 
  • The total purchase price for the Loans is approximately $2.1 billion, of which Fairfax will fund 95% (approximately $2.0 billion).
  • In addition to the Transaction, Fairfax also agreed to make a $200 million preferred equity investment in Kennedy Wilson.
  • Under the terms of the agreement relating to the investment, Fairfax will acquire perpetual preferred stock that carries a 6.0% annual dividend rate and is callable by Kennedy Wilson at any time.
  • The investment is subject to customary closing conditions and is expected to close during the second quarter of 2023.

Eagle Materials Announces Record Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Thursday, May 18, 2023

Eagle Materials Inc. (NYSE: EXP) today reported financial results for fiscal year 2023 and the fiscal fourth quarter ended March 31, 2023. Notable items for the fiscal year and quarter are highlighted below.

Key Points: 
  • Eagle Materials Inc. (NYSE: EXP) today reported financial results for fiscal year 2023 and the fiscal fourth quarter ended March 31, 2023. Notable items for the fiscal year and quarter are highlighted below.
  • (Unless otherwise noted, all comparisons are with the prior fiscal year or prior year’s fiscal fourth quarter, as applicable.)
  • In fiscal 2023, our safety performance continued to outpace the industry average, and we achieved the lowest recordable injury rate in the company’s history.
  • Fourth quarter Light Materials revenue increased 11% to $244.2 million, reflecting higher Wallboard pricing and a small increase in Wallboard sales volume.

Alloy Enterprises Raises $26M to Unlock Aluminum Fabrication at Scale

Retrieved on: 
Wednesday, May 17, 2023

BURLINGTON, Mass., May 17, 2023 /PRNewswire/ -- Alloy Enterprises, the world's first Digital Aluminum Fab, announces the completion of a $26 million oversubscribed Series A round led by Piva Capital and joined by new investors Unless, Flybridge Capital, MassMutual Catalyst Fund, Robert Downey Jr.'s Footprint Coalition, and existing investors Congruent Ventures and Riot Ventures. The funding brings the total raised to $37 million.

Key Points: 
  • Aluminum is infinitely recyclable; it has twice the strength-to-weight ratio of steel and is an incredible material for lightweighting.
  • Alloy Enterprises is filling the void with a fast, cost-effective manufacturing method that streamlines the production of aluminum parts at scale here in the U.S.
  • Its' unique solution is the first process specially designed for aluminum that does not use aluminum powder.
  • "The Alloy team has proven out a highly efficient process for delivering aluminum components quickly and at scale," said Maria Buitron, Principal at Piva Capital.

Fairfax Financial to Acquire Additional 46.32% Interest in Gulf Insurance Group from KIPCO

Retrieved on: 
Wednesday, April 19, 2023

TORONTO, April 19, 2023 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited ("FFHL") (TSX:FFH and TSX:FFH.U) and Kuwait Projects Company (Holding) K.S.C.P. (“KIPCO”) (KW: KPRO) are pleased to announce that they have entered into an agreement (the "Agreement") pursuant to which certain affiliates of FFHL (collectively, “Fairfax”) will acquire all of the shares of Gulf Insurance Group K.S.C.P. (“GIG”) (KW: GINS) under the control of KIPCO and certain of its affiliates (the “KIPCO Sellers”), representing approximately 46.32% of the equity of GIG. Under the terms of the Agreement, the KIPCO Sellers’ shares in GIG will be acquired by Fairfax for aggregate proceeds to KIPCO of 263,653,200 Kuwaiti Dinar (approximately $860 million), representing a price per share of 2.00 Kuwaiti Dinar (approximately $6.53) per share, subject to a reduction by the amount of any dividends received by the KIPCO Sellers after January 1, 2023 (the “Transaction”). Following the closing of the Transaction, Fairfax’s equity interest in GIG will increase from 43.69% to 90.01%.

Key Points: 
  • (“KIPCO”) (KW: KPRO) are pleased to announce that they have entered into an agreement (the "Agreement") pursuant to which certain affiliates of FFHL (collectively, “Fairfax”) will acquire all of the shares of Gulf Insurance Group K.S.C.P.
  • (“GIG”) (KW: GINS) under the control of KIPCO and certain of its affiliates (the “KIPCO Sellers”), representing approximately 46.32% of the equity of GIG.
  • “We are excited to increase our ownership interest in GIG,” said Prem Watsa, Chairman and CEO of Fairfax.
  • “Together we have grown Gulf Insurance Group into a leading player in the MENA insurance market.