Rio Tinto Boosts Investment Commitment to $973 Million to Grow Kennecott Copper Mine Output
It's clear the company is starting underground exploration and mining at Kennecott, something it has not done previously.
Publicly Traded Verb Technology Announces $6.5 Million Sale of its Direct Sales and Life Sciences SaaS Apps
Verb also disclosed it has signed a non-binding Letter-of-Intent to acquire an unnamed eCommerce firm that produced ~$9.5 million in gross merchandise value for 2022 and was cashflow positive
Lehi, Utah-based Verb Technology Company (NASDAQ:VERB) today announced that as of 13 June 2023 it has sold its direct
Is Vernal's Superior Drilling Products Inc. for Sale? Could be, as its Board Hires an Investment Banker and Explores a "Range of Strategic Alternatives."
Vernal, Utah-based Superior Drilling Products (NYSE: SPDI) today announced it has hired Piper Sandler, a $2 billion investment banker, to help the company explore a "range of strategic alternatives."
Superior Drilling is a 30-year-old firm that generated over $19 million in revenue in fiscal 2022 (ended December 31)
Nippn Places $25 Million Investment with PHM Brands to Acquire a 25% Stake in a Yet-to-be-Built Flour Mill in Utah
As one of the largest flour production companies in Japan, $2.9 billion Nippn Corporation's investment in Utah Flour Milling is its third foray into the United States
Tokyo-based Nippn Corporation (TYO:2001) today announced it has made a $25 million investment with Denver-based PHM Brands to acquire
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
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