Three-week introductory automotive or motorcycle repair courses aim to tackle the skilled technician shortage nationwide. PHOENIX, June 3, 2024 /PRNewswire/ -- Universal Technical Institute (UTI), the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc., is bringing its Summer Ignite program back for 2024 in partnership with NAPA. Students attending the 2023 Summer Ignite program.Students attending the 2023 Summer Ignite program. The U.S. Bureau of Labor Stati ...

. ● . Universal PropTech Inc. Announces Results of Annual General and Special Meeting of Shareholders June 03, 2024 7:30 AM EDT | Source: Universal PropTech Inc. Toronto, Ontario--(Newsfile Corp. - June 3, 2024) - Universal PropTech Inc. (TSXV: UPI.H) ("UPI" or the "Company") has released the results of voting on all resolutions presented to its annual general and special meeting of shareholders held on May 31, 2024 (the "Meeting"). A total of 11,327,469 common shares, or 23% of the 49,217,408 issued and ou ...

Jordan Siemens/DigitalVision via Getty Images Introduction As an income investor, I'm always on the hunt for stocks that I consider great investments for retirees. As a retiree myself, REITs offer that ability to generate reliable income streams. As a result of their tax structures, they're also better to hold in a tax-advantaged account like a ROTH IRA. And with a lot of retirees over the age of 59 1/2, holding solid REITs with strong fundamentals should be an obvious choice. One REIT that fits the bill is ...

Epson Integration with Microsoft Cloud-Based Service Enables Secure and Cost-Effective Management of Epson Remote Printers for IT Administrators LOS ALAMITOS, Calif., May 30, 2024 /PRNewswire/ -- Epson America, Inc., a worldwide leader in inkjet printing solutions, today announced the integration of its legacy business printing solutions with Universal Print by Microsoft via a bridge providing simple remote print support for employees and ease of printer fleet management for administrators. The Epson bridge ...

Market Value and Financial Strength - Universal Corporation's aggregate market value of voting and non-voting common equity held by non-affiliates was approximately $1.2 billion as of September 29, 2023[4] - The company's financial strength enables it to invest in suitable opportunities, manage liquidity, borrowings, and capital costs, providing flexibility in responding to market changes[34] Tobacco Production and Market Share - The company handles, on average, between 20% and 30% of annual flue-cured and burley tobacco production in Africa, 15% to 25% in Brazil, and 35% to 45% in the United States over the last five years[28] - The company handles between 20% and 30% of flue-cured and burley tobacco production in Africa, 15% to 25% in Brazil, and 35% to 45% in the United States over the last five years[28] Workforce and Employment - Universal Corporation employs over 27,000 employees globally, with approximately 60% being seasonal and 40% full-time as of March 31, 2024[50] - The company's workforce includes nearly 50% female employees and over 20% female managers globally[50] - The company has twelve collective bargaining agreements covering approximately 52% of its workforce[50] - Only around 5% of the company's employees are located in the United States, with expatriate hires representing less than 0.4% of the workforce[51] Ingredients and Extracts Division - The company's Shank's Extracts division offers over 2,400 botanical extracts, distillates, natural flavors, and colors, with a major expansion project expected to be fully operational by the second half of fiscal 2025[40] - Shank's expansion project is expected to be fully operational by the second half of fiscal 2025, adding extraction, blending, and aseptic packaging capabilities[40] Sustainability and ESG Efforts - Universal Corporation's sustainability efforts are overseen by the Nominating and Corporate Governance Committee, with a focus on ESG programs and transparent reporting[45] - The company's GAP training programs for farmers focus on sustainability, crop quality, environmental stewardship, and agricultural labor standards, which are increasingly demanded by major customers[34] Financial Risks and Market Influences - The company's financial results are significantly influenced by changes in the balance of supply and demand for leaf tobacco, which can be affected by factors such as global consumption trends, regulatory factors, and climate change[72][73][75] - Customer order timing and shipment variations may cause significant fluctuations in quarterly and annual financial results, impacting revenue recognition based on ownership transfer[76] - Major shifts in customer requirements for tobacco supply may necessitate changes in production facilities and fixed assets, potentially triggering restructuring and impairment charges[77] - Inflationary pressures on costs (raw materials, labor, energy, etc.) may not be fully offset by price increases, potentially affecting business results and financial condition[78] - The company's financial results are significantly affected by changes in the balance of supply and demand for leaf tobacco, influenced by global consumption trends and regulatory factors[72][73] - Climate change impacts, such as changing rainfall patterns and water shortages, could adversely affect tobacco supply and demand, as well as transportation services[75] - The company faces risks from inflationary pressures on raw materials, labor, energy, and distribution costs, which may not be fully offset by price increases[78] Global Operations and Diversification - The company operates in over 30 countries across five continents, ensuring diversified sourcing and minimizing localized supply disruptions[34] - The company operates in over 30 countries across five continents, maintaining a presence in all major tobacco origin markets, which helps minimize the impact of adverse crop conditions and localized supply disruptions[34] Subsidiaries and Acquisitions - Silva, a subsidiary, procures over 60 types of dehydrated ingredients from 20+ countries and recently expanded its manufacturing facility to meet growing demand for natural products[39] - Silva procures over 60 types of dehydrated vegetables, fruits, and herbs from more than 20 countries, with a 380,000 square foot manufacturing facility employing over 200 people[39] - The company continues to invest in its Universal Ingredients platform, leveraging acquisitions like FruitSmart, Silva, and Shank's to drive operational synergies and value creation[18] - Universal Ingredients platform has been enhanced to drive value creation, leveraging acquisitions like FruitSmart, Silva, and Shank's[18] Competition and Market Differentiation - The company faces intense competition in the plant-based ingredients market but differentiates itself through global sourcing, innovation, and strong customer relationships[44] - The company faces competition from thousands of small, privately-owned companies in the plant-based ingredients segment, but distinguishes itself through high-quality, innovative, and customized product solutions with global sourcing capabilities[44] Regulatory and Political Risks - Regulatory efforts to reduce tobacco consumption globally could significantly impact the company's operations and financial results[92][95] - Political and economic uncertainties in international markets, particularly in developing countries, could adversely affect the company's performance[101] - The company's international operations are subject to political and economic uncertainties, particularly in developing countries and emerging markets, which could adversely affect its performance[101] - The company faces regulatory risks from government efforts to reduce tobacco consumption, which could significantly impact its leaf tobacco customers and, in turn, its results of operations[92] Cybersecurity and IT Risks - Cybersecurity risks and IT system failures could disrupt business operations and lead to financial and reputational damage[84][85] Labor Market Challenges - Labor market challenges and competition for talent may hinder the company's ability to attract and retain qualified personnel, impacting growth and profitability[88][89] Currency and Credit Risks - The company uses currency hedging strategies to manage foreign exchange risks in markets with illiquid or nonexistent forward exchange markets[112] - The company extends credit to suppliers and customers in its tobacco operations, with potential risks of bad debt provisions and delays in recovering advances due to crop failures[109] - Crop advances to tobacco farmers are secured by delivery agreements, but crop failure or delivery issues could delay or prevent full recovery of advances[109] - The company uses currency hedging strategies to manage foreign exchange risks, particularly in markets with illiquid or nonexistent forward foreign exchange markets[112]

Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - Universal PropTech Inc. (TSXV: UPI.H) ("UPI" or the "Company") is pleased to announce that in connection with the previously announced proposed business combination (the "Transaction") with Xemoto Media Ltd. ("Xemoto") (see press release dated February 6, 2024), Xemoto plans to change its name to BrandPilot AI Inc. ("BrandPilot AI") on the completion of the Transaction as part of a strategic move designed to reflect its reshaped market approach from an age ...

Selected diesel students at 10 campuses in six states can gain work experience while in school PHOENIX, May 28, 2024 /PRNewswire/ -- Universal Technical Institute (UTI), the transportation, skilled trades and energy education division of Universal Technical Institute, Inc., today announced that Rush Enterprises has joined the early employment program at the following campuses: UTI-Austin (Texas), UTIAvondale (Ariz.), UTI-Dallas, UTI-Houston, UTI-Lisle (Ill.), UTI-Long Beach (Calif.), UTI-Miramar (Fla.), UTI ...

EyeMark Universal Health Realty Income Trust (NYSE:UHT), established in 1986 and headquartered in King of Prussia, PA, is a healthcare REIT that invests in and leases healthcare and human service-related facilities I covered this REIT back in January where I rated it a hold mainly because it was fairly valued. Since then, it has fallen by ~15% and more recent results suggest an improvement over the recent past. As a result, the dividend yield is higher and the shares are trading below NAV. Portfolio As of M ...

PPAMPicture Investment Summary Buying passive equity interests in high-quality companies typically involves two distinct routes: The distinctive factor typically is the maturity phase of the company. That is, companies that have been in existence for a long period are in a mature phase, and vice versa. They still throw off piles of cash, just don't have the opportunities to reinvest it. So they return it to you, the shareholder, for you to invest (or spend). Such is the case for Universal Corporation (NYSE: ...

Universal Corporation (NYSE:UVV) Q4 2024 Earnings Conference Call May 22, 2024 5:00 PM ET Company Participants Jennifer Rowe - Assistant Treasurer George Freeman - Chairman, President, and Chief Executive Officer Johan Kroner - Chief Financial Officer Conference Call Participants Ann Gurkin - Davenport Operator Good day everyone and welcome to today's Universal Corporation Fourth Quarter Fiscal Year 2024 Earnings Call. At this time all participants are in a listen-only mode. Later, you will have the opportu ...