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Drilling Commences
Globenewswire· 2025-05-01 12:13
Core Viewpoint - Central Iron Ore Limited has commenced the next phase of resource expansion drilling at the British King Project in Western Australia, with a total of 78 Reverse Circulation drill holes planned over a 9-week campaign [1][5]. Drilling Update - The 2025 drilling program is structured in two phases, with Phase 1 focusing on resource expansion and Phase 2 aimed at targeted infill drilling to upgrade the inferred resource to indicated status [4]. - Phase 1 involves 78 RC drill holes totaling 10,601 meters, designed to extend the geological model of the British King deposit in all directions [5]. Project Location - The British King Project is situated on the M37/30 Mining Tenement, approximately 320 kilometers northwest of Kalgoorlie and 60 kilometers east of Leinster in Western Australia [6].
CIO vs. EGP: Which Stock Should Value Investors Buy Now?
ZACKS· 2025-04-16 16:46
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with City Office REIT (CIO) and EastGroup Properties (EGP) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores h ...
Tevogen Bio CIO and Head of Tevogen.AI Presented at AI x Bio Philly Event Showcasing Philly's Leading AI Biotechs
GlobeNewswire News Room· 2025-04-08 21:53
Core Insights - Tevogen Bio Holdings Inc. is focused on immunotherapy and artificial intelligence, with recent presentations highlighting its AI-driven technology for T cell therapies [1][3] - The company aims to develop off-the-shelf, genetically unmodified precision T cell therapies to address significant unmet medical needs in infectious diseases and cancers [4][5] Company Overview - Tevogen Bio is a clinical-stage specialty immunotherapy company utilizing CD8+ cytotoxic T lymphocytes for therapeutic development [4] - The company has reported positive safety data from its proof-of-concept clinical trial and owns key intellectual property assets, including three granted patents and multiple pending patents related to artificial intelligence [4] Recent Events - Mittul Mehta, the Chief Information Officer, presented at the AI x Bio Philly event, discussing Tevogen.AI's proprietary technology that accelerates the discovery and development of precision T cell therapies [1][3][2] - The event gathered innovators and investors to explore the impact of AI on biotechnology, showcasing the convergence of these fields [2]
The CIO's Balancing Act: New Global Study Reveals How Tech Leaders Manage Security Threats While Driving Innovation
Prnewswire· 2025-04-08 14:01
Core Insights - Cybersecurity is the top concern for 41% of Chief Information Officers (CIOs), yet 77% are increasing security budgets, 68% are expanding cloud infrastructure, and 67% are accelerating AI capabilities [1][6] - CIOs are blending security and innovation to create competitive advantages, embedding resilience into digital foundations while deploying advanced technologies [2][5] Cybersecurity and Budgeting - 77% of organizations plan to increase cybersecurity budgets in 2025, indicating a strong focus on enhancing security measures [6] - The relationship with the Chief Operating Officer (COO) is identified as the most important C-suite partnership outside IT [6] AI Adoption - Only 37% of CIOs view generative AI as a valuable solution for specific applications today, while 33% are uncertain about its business impact [4] - Despite the cautious outlook, 33% of organizations are actively exploring AI technologies, and 27% are already implementing them [4] Regional Variations - In the Netherlands, 67% of tech leaders are reducing carbon footprints through technology while maintaining security [5] - 86% of CIOs in Italy are increasing cybersecurity investments while being enthusiastic about AI adoption [5] - In France, 38% of CIOs report that advocating for adequate budget resources is their greatest challenge, higher than the global average of 25% [5] Organizational Maturity - The study identifies five organizational maturity categories, with "Front Runners" (24%) characterized by customer-centric technology strategies and strong alignment with business objectives, while "Snoozers" (14%) show skepticism toward AI [5]
Robert Half Honored by Fortune and CIO 100 for Excellence in Innovation
Prnewswire· 2025-03-27 16:05
Core Insights - Robert Half has been recognized as one of Fortune's 2025 America's Most Innovative Companies and has won the 2025 CIO 100 Award, highlighting its commitment to innovation and technology solutions [1][2] - The recognition is based on an extensive evaluation of product, process, and company culture, involving insights from over 45,000 U.S. employees across more than 3,000 companies [2] - The company emphasizes its investment in AI and technology to enhance recruitment processes and improve customer experiences [3][4] Company Achievements - Robert Half is the only company in its industry to receive the aforementioned accolades, showcasing its unique position in the market [1] - The company has also received a Stevie Award for 'Best Artificial Intelligence/Machine Learning Solution' for its AI capabilities that benefit clients, candidates, and employees [4] - In the past year, Robert Half has been named one of Fortune's Most Admired Companies and one of the 100 Best Companies to Work For [5] Technology and Innovation - The company utilizes AI-powered tools that leverage advanced machine learning and proprietary data to create real-time candidate shortlists and optimize client outreach [3] - Robert Half's technology initiatives significantly enhance its ability to connect top talent with challenging roles, thereby improving service delivery to customers [4] - The focus on innovation is embedded in the company's culture, as stated by its CEO, emphasizing the importance of providing a world-class experience for customers and empowering employees [3]
5 Low Price-to-Book Stocks to Include in Your Portfolio for Gains
ZACKS· 2025-03-26 12:50
Core Insights - Investors primarily use price-to-earnings (P/E) and price-to-sales (P/S) ratios for stock valuation, while the price-to-book (P/B) ratio is also a useful metric for identifying undervalued stocks with growth potential [1][2] Group 1: Understanding P/B Ratio - The P/B ratio is calculated as market capitalization divided by book value of equity, helping to identify low-priced stocks with high growth prospects [2] - A P/B ratio of less than one indicates that a stock is trading below its book value, suggesting it may be undervalued and a good buy [5] - Conversely, a P/B ratio greater than one suggests that a stock may be overvalued [5][6] Group 2: Limitations of P/B Ratio - A P/B ratio of less than one can also indicate weak or negative returns on assets, or that assets are overstated, which may warrant caution [7] - The P/B ratio is particularly relevant for industries with tangible assets, such as finance and manufacturing, but may be misleading for companies with high R&D expenditures or significant debt [8] Group 3: Screening Parameters for Investment - Stocks with a P/B ratio lower than the industry median may have room for price appreciation [11] - A lower P/S ratio compared to the industry median makes a stock more attractive, as it indicates better value for each dollar of sales [11] - A P/E ratio lower than the industry median is also considered favorable for investment decisions [12] Group 4: Selected Low P/B Stocks - JD.com has a Zacks Rank of 1 and a projected 3-5 year EPS growth rate of 32.3% [15][16] - City Office REIT holds a Zacks Rank of 2 with a projected EPS growth rate of 6.0% [16] - Fresenius Medical Care has a Zacks Rank of 1 and a projected EPS growth rate of 11.9% [17] - Itron, with a Zacks Rank of 2, has a projected EPS growth rate of 29.0% [18] - EnerSys has a Zacks Rank of 2 and a projected EPS growth rate of 18.0% [19][20]
British King Gold Project: Filing of NI43-101 Technical Report
Globenewswire· 2025-03-20 11:00
Core Viewpoint - Central Iron Ore Limited has filed a National Instrument 43-101 Technical Report for the British King Gold Project in Western Australia, indicating significant progress in resource estimation and project readiness [1][2]. Group 1: Technical Report Details - The Technical Report, prepared by Andrew Bewsher MAIG, has an effective date of March 20, 2025, and is compliant with National Instrument 43-101 standards [2]. - The report concludes that the 2024 drilling programs have enhanced geological and grade confidence, resulting in an Indicated and Inferred Mineral Resource Estimate (MRE) of 263,000 tonnes at a grade of 4.51 g/t Au, totaling approximately 38,100 ounces of gold [3]. - Metallurgical tests indicate that the mineralization is suitable for standard carbon in leach processing, achieving a recovery rate exceeding 90% [3]. Group 2: Project Development Steps - The Technical Report outlines the need for a heritage survey, hydrogeology assessment, geotechnical assessment, and a mining study to advance the project towards submitting a mining proposal to DEMIRS Western Australia [4]. - Successful completion of these assessments will position the British King deposit for mining readiness [4]. Group 3: Company Overview - Central Iron Ore Limited is an Australian resource exploration and development company focused on creating shareholder value through the exploration and development of its properties in Australia [6].
Tevogen Bio's CIO & Head of Tevogen.AI, Mittul Mehta, Featured Speaker at Proskauer's AI Discussion Panel
GlobeNewswire News Room· 2025-03-07 21:09
Core Insights - Tevogen Bio is leveraging AI to enhance precision medicine and operational efficiencies in the biotech sector [2][3] - The company is focused on developing off-the-shelf, genetically unmodified precision T cell therapies to address significant unmet medical needs [5][6] Company Overview - Tevogen Bio is a clinical-stage specialty immunotherapy company utilizing CD8+ cytotoxic T lymphocytes for treating infectious diseases and cancers [5] - The company has reported positive safety data from its proof-of-concept clinical trial and owns key intellectual property assets, including three granted patents and multiple pending patents related to AI [5][6] Industry Context - The AI discussion panel highlighted the transformative impact of AI across finance, biotech, and legal sectors, emphasizing the need for tailored approaches to address unique industry challenges [2][3] - The event featured industry leaders discussing the latest advancements in AI and its applications in enhancing operational efficiencies [4]
Should Value Investors Buy City Office REIT (CIO) Stock?
ZACKS· 2025-03-03 15:46
Core Insights - The article emphasizes the importance of earnings estimates and revisions in identifying winning stocks, while also considering trends in value, growth, and momentum [1][2] Company Analysis - City Office REIT (CIO) is highlighted as a strong value stock, currently holding a Zacks Rank of 2 (Buy) and an A for Value [3] - CIO has a PEG ratio of 0.78, significantly lower than the industry average of 2.33, indicating potential undervaluation [4] - The P/CF ratio for CIO is 4.85, which is attractive compared to the industry average of 16.41, suggesting strong cash flow relative to its valuation [5] - Xenia Hotels & Resorts (XHR) is another recommended stock, also rated 2 (Buy) with a Value Score of A, and a P/B ratio of 1.04 compared to the industry average of 1.82 [6] - Both CIO and XHR are considered likely undervalued based on their metrics and strong earnings outlook [7]
City Office REIT(CIO) - 2024 Q4 - Earnings Call Presentation
2025-02-20 18:46
Company Overview - City Office owns a portfolio of premier office properties concentrated in high-growth Sun Belt markets[4] - 88% of estimated gross asset value is in Sun Belt markets, while 12% is in other markets[6] - The portfolio consists of 5416 thousand square feet with an in-place occupancy of 858% and a weighted average lease term remaining of 45 years[6] Financial Highlights and Outlook - Q4 2024 Core FFO per share was $028 and AFFO per share was $010[54] - The company's 2025 guidance includes net operating income between $1025 million and $1045 million, and interest expense between $370 million and $380 million[52] - 2025 Core FFO per share is guided between $110 and $114, with an expected occupancy between 850% and 870%[52] - Same-store cash NOI change for 2025 is projected to be between 25% and 45%[52] Portfolio and Leasing Activity - 122000 square feet of new leases have been signed but not yet commenced, representing 22% of the portfolio[48] - The company has generated $550 million of gains across 13 dispositions[37] - Gross rent per square foot has grown by 70% since the 2014 IPO[39] Debt and Liquidity - The company has $19 million in cash and cash equivalents and $15 million in restricted cash at the property level[65] - The weighted average interest rate on debt is 51%, with 823% of debt at a fixed rate[65, 70]