Author: Ellie Gray

–News Direct– Greencoat UK Wind PLC investment co-manager Stephen Lilley joined Proactive's Stephen Gunnion with an update on the firm's capital allocation. Greencoat has raised its annual dividend target to 10 pence a share following a year-long evaluation of interest rate increases and share discounts. The move is aligned with the company's commitment to the risk-free rate and the capital asset pricing model. In response to capital allocation inquiries, Lilley emphasized a balance between rewarding shareholders and reinvesting in wind power assets. While noting a recent investment in the London Array offshore wind farm, he stressed that the company's primary focus remains on addressing the current discount to net asset value (NAV). From admission to the ...

–News Direct– Empire Metals Ltd managing director Shaun Bunn joined Proactive's Stephen Gunnion with an update on diamond drilling at the Pitfield project in Western Australia. Two-thirds into its six-week drilling programme, Bunn said Empire is encouraged with findings from the drilling activities. The updates indicate potential extensions from their initial titanium discovery, with some diamond holes reaching depths of over 400 meters. Two drilled holes, situated 30 kilometres apart, have demonstrated titanium mineralization. This acts as a precursor to the company's confidence in the same mineral presence for a forthcoming third hole, located centrally within a vast anomaly. Bunn stressed the pivotal nature of diamond drilling, as it equips the company with samples esse...

–News Direct– AJN Resources president and CEO Klaus Eckhof joined Proactive's Stephen Gunnion with details of a binding term sheet to acquire a 75% indirect interest in exploration permit PR 15623 in the Manono region of the Tanganyika Province in the DRC. The agreement will potentially extend the strike of observed lithium-bearing pegmatites on the neighbouring license, in which AJN also has a stake. Eckhof said the company is gearing up to strengthen its footprint by acquiring more lithium ground in the region. The focus remains on pegmatites, specifically in areas known to contain lithium. He elaborated that AJN's new acquisition primarily targets the pegmatites known for their lithium content. Following the trend of the well-known Manono project, the new license is par...

–News Direct– Franchise Brands PLC executive chairman Stephen Hemsley told Proactive's Stephen Gunnion that , despite seeing some softer demand during the summer, the B2B businesses of the company are trading at record levels. Contributing factors for this dip in summer demand include unusually poor UK weather in July and August and a general economic slowdown in Europe. However, there was a notable uptick in the fourth quarter, with October and November registering strong months for the business. The acquisition of Pirtek in April this year has been beneficial, even with the challenges of managing acquisitions. Hemsley expressed satisfaction with Pirtek's integration into the Franchise Brands business, particularly with IT integration. A forthcoming "growth summit...

–News Direct– AutogenAI, an enterprise-level artificial intelligence company, has announced the appointment of Elizabeth Lukas as CEO, Americas. This appointment marks an important milestone for AutogenAIs expansion in the U.S. market, providing businesses with the power of generative artificial intelligence to streamline bid and proposal creation and increase win rates. Lukas brings decades of experience as an entrepreneurial leader with a proven track record of driving growth and success for some of the world's top companies. Prior to joining AutogenAI, Lukas was CEO, Americas at Decoded Ltd. where she launched the UK startup into the U.S. market and drove 30%+ YOY growth. In her current role, Lukas will be responsible for propelling growth and the adoption of generative AI in bu...

–News Direct– Many traders are searching for the holy grail for picking winning stocks to tradethat magical indicator or that perfect candlestick pattern. Most are still searching after years of trying to learn to trade and actually make real money in the stock market. There is now a NEW approach to using and analyzing stocks that makes trading easier, giving higher profits and less risk with more control over every aspect of your trades. Relational Technical Analysis takes the guesswork out of choosing stocks to trade. This unique way of interpreting stock charts provides traders with the ability to get into a stock BEFORE the price runs in either direction. One key element of the modern market that is seldom mentioned is the fact that the professional side trades on the millisecond. A ...

–News Direct– By Jeremy Golden, Benzinga Founded in 2011, Elicio Therapeutics Inc. (NASDAQ: ELTX) strives to use precision vaccines, immunomodulators and cell-based therapies to assemble cancer-killing immune responses against both blood and solid tumors. Elicios proprietary Amphiphile or AMP platform differentiates the company through the development of cancer immunotherapies for patients with limited treatment options and often poor outcomes. As the foundation for the various vaccine candidates in the biotech companys pipeline, the AMP platform will help Elicio combat cancer and other diseases. Groundbreaking Platform Therapeutic vaccines are designed to train the immune system to recognize and destroy cancer cells by targeting tumor-specific antigens. These molecules are present on t...

–News Direct– In an evolving world of cryptocurrencies, the future of finance is gradually shifting, and with it, the perception of wealth. Against this backdrop, the news of Coinbase's decision to eliminate over 80 trading pairs brings about an intriguing discourse, especially for Bitcoin Spark. Coinbase's Major Move Coinbase, a leading cryptocurrency exchange based in the United States, recently announced that it would be demoting over 80 non-USD trading pairs. The decision, which has sent ripples throughout the crypto community, is slated to take effect on October 16, 2023. Coinbase's decision stems from its commitment to regular market monitoring. The exchange aims to enhance overall market health and unify liquidity by eliminating these trading pairs. The pairs...

–News Direct– By Meg Flippin, Benzinga The internet is booming in India and is poised for more growth as 5G rolls out across the worlds most populous nation. As of the start of this year, there were over 1.2 billion internet users in the country. By 2050, thats projected to grow to more than 1.6 billion. Thats a big market opportunity to bring cutting-edge internet services to the masses, which is what Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) is aiming to do. Lytus Technologies is a platform services company enriching the experience for users whether its streaming content, telemedicine or fintech services. The company reports that its ability to provide a cutting-edge platform regardless of the digital offering is what makes it so unique. The company operates telecasting, telem...

–News Direct– Xiao-I Corp's Berry Xia shares insights on the company's growth and ambitions in an interview with Proactive's Stephen Gunnion. Xiao-I, a pioneer in the AI chatbot industry, started in 2001 and launched its first chatbot for the MSN Microsoft application in 2004. By 2008, its active user base surpassed 100 million. The company refocused its strategy in 2011 towards a B2B market, developing tailored AI solutions for clients. Despite AI's advancement, Berry noted a lack of application in developed regions, prompting their globalization strategy in 2018, which began in Hong Kong, Taiwan, and Macau. Xiao-I listed on NASDAQ this year, and introduced its large language model, Hua Zang. The company saw a 106% surge in first-half net revenues, attribu...