Latest news with #Vigilante
Yahoo
25-05-2025
- Yahoo
On board with Sea Tow: Ride along Memorial Day Weekend
TAMPA, Fla. (WFLA) — As boaters gear up for one of the busiest weekends on the water, we joined Sea Tow Tampa Bay to learn what every captain should know before setting sail. From essential gear to potentially dangerous mistakes, safety is front and center. 'It's one of our busiest days,' Sea Tow crew members said during a recent ride-along, referring to Memorial Day weekend. Sea Tow operates 24/7, patrolling the waterways and responding to distress calls across Tampa Bay. Their crews are constantly on alert and ready to assist when things go wrong, which they often do. 'Operating a boat is a lot different than operating a vehicle,' explained Captain Stephen Vigilante. 'We have two throttles up front and a steering wheel—but boats don't have brakes. That makes a huge difference.' Vigilante warns that Memorial Day weekend is no time to take shortcuts. Knowing the waterways is essential, especially during low tide. 'It's dangerous if you don't know the waterway. Watching the tides is crucial,' he said. While you're enjoying time on the water, first responders urge you to make a safe part of your plan. One important law: if you're operating a vessel under 26 feet on plane, you must wear a kill switch. 'We had an event a few weeks ago where someone wasn't wearing a kill switch, fell overboard, and we had a runaway boat in Sarasota Bay,' Chief Derek Waters with the coast guard said. And finally, don't forget the basics. Just like first responders, Sea Tow reminds everyone: make sure every person on board wears a life jacket. It could save a life. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
15-05-2025
- Business
- Yahoo
United-Guardian Q1 Earnings Fall 39% Y/Y as Cosmetic Sales Tumble 63%
Shares of United-Guardian, Inc. UG have gained 1.4% since reporting results for the first quarter of 2025. This compares with the S&P 500 index's 4.6% growth over the same time frame. Over the past month, the stock has declined 3.2% against the S&P 500's 11.3% rally. United-Guardian posted first-quarter net sales of $2.48 million, marking a 24% decline from $3.25 million in the year-ago period. Net income for the quarter also fell 39% to $560,895 or 12 cents per share from $925,442 or 20 cents per share in the same quarter last year. The decline in both top and bottom lines was primarily attributed to weakness in the company's cosmetic ingredients business, which more than offset gains in its pharmaceutical and medical lubricant segments. United-Guardian, Inc. price-consensus-eps-surprise-chart | United-Guardian, Inc. Quote The sharpest decline occurred in United-Guardian's cosmetic ingredients line, which posted a 63% year-over-year drop in sales to $698,998 from $1.88 million. The company cited a steep reduction in orders from Ashland Specialty Ingredients ('ASI'), its largest distributor, whose orders fell nearly 74%. According to ASI, the downturn was driven by excess inventory in China and timing issues related to ordering. United-Guardian emphasized that no major loss of customers or business was reported by ASI. Net sales of the company's two pharmaceutical products, Renacidin and Clorpactin WCS-90, increased 23% to $1.17 million from $950,323 in the year-ago quarter. Gross sales rose 26% due to the normalization of Renacidin supply. The product had previously faced delivery disruptions due to a temporary shutdown at the contract manufacturer's facility. Renacidin gross sales rose 38% year over year to $1.23 million, while Clorpactin sales declined approximately 30%. Medical lubricant sales increased 43% year over year to $613,671 in the first quarter, benefiting from higher demand from customers in India and China. This segment was the strongest performer in the quarter, reflecting growth initiatives and expanded distribution efforts in international markets. President Donna Vigilante acknowledged the challenging start to the year, attributing the revenue shortfall largely to weakness in the cosmetic ingredient business. However, she pointed to the strength in medical lubricant and pharmaceutical sales as positive indicators. Management reaffirmed that inventory normalization and timing were the primary causes behind reduced cosmetic sales and confirmed that there was no structural change in customer demand or business relationships with ASI. Vigilante also raised concerns about evolving trade policy and tariff measures by the U.S. government, noting that these could introduce further uncertainty, especially for product lines tied to China markets. However, she emphasized that the company was closely monitoring these risks and adapting its supply-chain strategies accordingly. Cost of sales declined year over year in absolute terms to $1.12 million from $1.56 million, but as a percentage of revenues, the metric improved slightly to 45% from 48%. Operating expenses increased 11% to $632,735 due to higher payroll and marketing expenditure. Research and development costs also rose 11% to $114,394, reflecting the company's continued investment in product innovation, particularly in specialty and sustainable ingredients. Investment income and gains on marketable securities fell to $97,037 from $139,569 a year earlier due to lower interest income on U.S. Treasury Bills and reduced unrealized gains on mutual fund investments. United-Guardian expressed confidence in its long-term strategy, particularly in product development and expansion into new markets through partnerships like the one with Brenntag Specialties for its Natrajel line. Manufacturing and sales of the Natrajel product are expected to begin in 2025, although no contribution was recorded in the first quarter. In February 2025, the company expanded its partnership with distributor Azelis Group NV to include South Korea for personal care products and broadened coverage in the U.K. and Ireland to include medical products. Additionally, the company is nearing completion of a building sprinkler system upgrade, with expected total costs of $195,000. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report United-Guardian, Inc. (UG): Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
16-02-2025
- Yahoo
Person waves cryptocurrency flag atop Hollywood sign
Officers detained a person who stood atop the Hollywood sign on Saturday afternoon, police confirmed to KTLA. The Los Angeles Police Department said a call came in around 2:54 p.m. reporting a sighting of the person standing on the historical landmark. The person, who was not immediately identified to the public, was seen waving a flag advertising a cryptocurrency called Vigilante Token. A website address, an X handle and the company name 'Vigilante,' as well as an image that could be a logo, were seen printed on the white flag. The person waving the flag was seen covered head to toe in dark clothing, including a ski mask, and a dark and light camo vest. In an announcement post to X on Friday morning, the company said 'On Feb 15th, 2025, we're launching our Vigilante Token in the most viral way you've ever seen.' Vigilante posted pictures of the Hollywood sign to X on Saturday, two minutes before a call came into LAPD, with the caption 'Currently…' LAPD said park rangers attempted to make contact with the person and an ambulance was requested to stand by in case of injuries, but officers took the person into custody before 4 p.m. Details are limited, and officials have not yet revealed what charges the individual might face. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
