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Finance

Providing perspective and contextual insights on the monetary aspects of the Finance industry within the state of Utah, from Banking to FinTech and from venture capital to cryptocurrency.

HireVue Acquires Modern Hire

South Jordan, Utah-based HireVue today announced it has acquired Cleveland, Ohio-based Modern Hire. Financial terms of the transaction were not disclosed. According to the acquisition news release, Modern Hire is "the most comprehensive and innovative platform for assessment, interviewing and end-to-end hiring automation." "The acquisition of Modern

Myriad Genetics Sees 10% Revenue Growth in Q1 2023

Myriad Genetics Sees 10% Revenue Growth in Q1 2023

The company reaffirms its profitability projection for Q4 2023 Myriad Genetics (NASDAQ:MYGN) produced $181.2 million in revenue for its first quarter, ended 31 March 2023, growth of 10% versus revenue of $164.6 million in the same quarter in 2022. According to the company news release, revenue for

Bountiful-based Summit Global Investments Launches $40 Million ETF on NASDAQ

Earlier today, Summit Global Investments announced it has launched a $40 million Dynamic Tactical Exchange Traded Fund (ETF) via the NASDAQ Stock Market (NASDAQ:DYTA). Formed in 2010, Summit Global is a Bountiful, Utah-based Registered Investment Advisor (RIA) with over $2 billion in assets under management (AUM). According to Summit

Extra Space Storage Spends $12.7 Billion to Acquire Life Storage

Extra Space Storage Spends $12.7 Billion to Acquire Life Storage

The acquisition transforms the Cottonwood Heights firm into the largest self-storage company in the United States (by number of locations) and the 6th largest REIT in the U.S. And just like that, Extra Space Storage (NYSE:EXR) becomes the largest self-storage operator in the U.S. courtesy of a

Centerville's TruGolf Slated to "Go Public" via a $125 Million SPAC-Merger

In spite of the recent collapse of what might be considered the "SPAC Merger Industry," the board and majority shareholders of Centerville, Utah-based TruGolf have opted to "go public" by merging into a "Special Purpose Acquisition Company" in a deal slated to value TruGolf