Latest news with #Bushell
South Wales Argus
26-05-2025
- Business
- South Wales Argus
Former Newport hay store withdrawn for residential use
The application, made by AJ Planning and Development Ltd, sought to obtain a lawful development certificate for the building and its surrounding land at Cae Pandy Cottage, Watery Lane, Langstone, Newport. The application aimed to officially recognise the building's use as a residential storage space, a role it reportedly served for more than a decade. The application was supported by various documents, including statutory declarations, planning drawings, site location plans, and photographs. The building's history, as stated in the application, highlighted its continuous residential use since 1984, after ceasing operations as a farm. The building reportedly accommodated domestic storage and vehicle sheltering, with utility connections from the main cottage. The planning and development firm detailed the building's use history in a supporting letter, stating it had been utilised as a residential ancillary space by Mr and Mrs Roberts, and later by Mr Bushell, who moved in 2019. Photographic evidence in the application showed the building storing domestic items, including wheelchairs, furniture, tools, toys, pet housing, and antique vehicles. The letter argued that this evidence supported the claim of the building's residential ancillary use since 1984. The application also cited Section 191 of the Town and Country Planning Act 1990, arguing the building's use was lawful due to the passage of time without enforcement. The applicants concluded that Newport City Council had a statutory duty to issue the lawful development certificate, as no further permission was needed due to the long-established use. However, the application was ultimately withdrawn, as noted in a decision letter from Newport City Council's Regeneration and Economic Development Department, dated May 14, 2025.
Yahoo
28-02-2025
- Business
- Yahoo
GSD, LLC: DG Fuels' Sustainable Aviation Fuel Plant Supports the Nebraska BioEconomy
This release is being issued by GSD, LLC, which is working in partnership with DG Fuels and Phelps County Development Corporation regarding the Phelps County project PHELPS COUNTY, Neb., Feb. 28, 2025 /PRNewswire/ -- DG Fuels will soon open a sustainable aviation fuel (SAF) production facility in Phelps County, Nebraska – its first SAF plant in the Midwest. The expansion into Phelps reflects the role that agriculture plays in the future of aviation. Farmers who have called Nebraska home for generations are now at the forefront of a fuel production revolution. "Private industry is finally looking at agriculture to reach their sustainability commitments," says Julie Bushell, President of GSD. "For so long we knew that agriculture was the answer to feeding and fueling the world; finally the world is seeing its greatest carbon sink on the planet. Projects like DG Fuels speak to the value agriculture provides to all things." The growing demand for SAF will have a direct impact on Phelps County – now and for future generations. Learn more about this resource and how it's set to change the local community. Biofuel Creates Additional Revenue Streams for Farmers DG Fuels and the Nebraska BioEconomy are committed to helping farmers develop new revenue streams from parts of their crops that would otherwise be considered low-value products. DG Fuels can turn corn stover, the nubs left over after the harvest, and turn it into SAF. Previously, the stover would be left on the ground, but now it has value. However, harvesting and processing the stover shouldn't disrupt the planting process or harm the quality of the soil. In some years, the stover will be left in the ground to preserve the nutrients. The project will facilitate soil samples to confirm that the ground is healthy enough for the stover to be harvested or to determine just how much should be left to increase soil health. "BioEconomy means you are equally invested in building soil health and maintaining water quality as you are adding value to the crop and providing opportunities for the next generation of farmers," says Bushell. Without investing in the health of local farms, DG Fuels cannot maintain long-term production. A prosperous rural America starts with quality investors. Sustainable Aviation Fuel is the Future of Air Travel The corn stover collected from Phelps farmers will be converted into SAF by DG Fuels. From there, the aviation fuel will be used across the globe and by almost every airline that is committed to reducing its carbon emissions. Delta says that 90% of its carbon emissions come from jet fuel and SAF has the potential to reduce carbon emissions by up to 80%. Southwest is committed to using 10% SAF for its airlines by 2030. Both Southwest and United intend to reduce their greenhouse gas emissions (GHG) by 100% by 2050. In the United States, 45,000 flights per day transport 2.9 million airline passengers across the country, and the Federal Aviation Administration handles more than 16.5 million flights annually. The sooner companies like DG Fuels can produce SAF for major airlines, the sooner millions of flights can take off reducing the need for conventional jet fuel. Farmers Have a Direct Voice in the BioEconomy Bushell and her team have made a point of involving farmers in the Nebraska BioEconomy and working with them based on their current practices. They want projects like harvesting corn stover to be viewed as profitable opportunities, not burdens requiring farmers to change how their crops are grown. "We want everyone at the table for this project to see how we can make it better," says Bushell. "We're really proud of the outreach in the community and the transparent actions of everyone involved." Bushell specifically credits the Phelps County Development Corporation (PCDC) for its help in building community support, finding appropriate sites, and contributing to infrastructure needs. PCDC recently developed a web page for DG Fuels to answer questions any residents have about the project. "We understand that a project of this scale brings a lot of questions," says Ron Tillery, Executive Director of PCDC. "Our goal is to ensure that everyone has access to accurate, up-to-date information and that the community feels involved in this transformative journey." The BioEconomy Will Bring Phelps Farmers into the Future BioEconomy projects like the DG Fuels plant will excite local farmers about additional revenue streams in the short run while also showcasing opportunities for young people to stay in the farming community in the long run. "This project gives the next generation of kids in the surrounding areas careers," says Bushell. "They can become engineers, biochemists, and operations specialists supporting farming families. The next generation of farmers can have careers they are excited about while also staying on the farm." SAF production in Phelps County can also create secondary business opportunities that are made possible by a growing population. Bushell says the long-term role of PCDC is supporting quality of life investment that makes people who can already work here want to live here. "What's so cool about Phelps County is that there is a strong group of leaders who are already thinking about their kids and preparing the next generation of farmers," says Bushell. "A small group of people can accomplish anything when they work together." Follow Additional BioEconomy Initiatives in Phelps County Information in this release is courtesy of Phelps County Development Corporation (PCDC) and written by Amanda Dodge, Golden Shovel Agency. PCDC will share regular updates on the DG Fuels project and other opportunities for Phelps farmers. This plant highlights how the actions taken by individuals in Phelps County have a global impact. A plane that flies from Chicago to Paris will someday be powered by fuel made in Nebraska. Phelps County is at the forefront of future-building and prepared for growth. Now is a great time to join us. Phelps County Development Corporation has the tools, information, and skills to assist you with relocation for your business or family. PCDC is ready to help with housing and project advocacy, including permitting, timely utilities, and financial assistance. Contact PCDC at (308) 995-4148 or pcdc@ today. For more information about GSD, visit View original content to download multimedia: SOURCE GSD, LLC Sign in to access your portfolio
Yahoo
05-02-2025
- Business
- Yahoo
Novartis AG (NVS): Among the Best Foreign Dividend Stocks to Invest In Now
We recently compiled a list of the . In this article, we are going to take a look at where Novartis AG (NYSE:NVS) stands against the other foreign stocks. In August, S&P Global Market Intelligence reported that US dividends are set to grow around 5.1% by the close of 2024. In the United States, the energy sector dominated dividend contributions, with pharmaceuticals, financial services, and banks trailing behind. Looking beyond the US, we see similar growth trends in international markets. For example, S&P expects a 3.9% year-over-year recovery in dividends in Canada, resulting in $74.4 billion in dividend payouts for 2024. Interest rate cuts by the Bank of Canada will aid this rebound in dividends. Two-thirds of the overall Canadian dividend distributions are attributed to the financial and energy sectors. By year-end 2024, European dividends are projected to grow 4.2% year-over-year to $531.5 billion, with the banking and insurance sectors leading the charge and counteracting the weakness in the European transportation, materials, and energy industries. In the Asia-Pacific region, dividend growth is also projected to be strong. Developed markets in the Asia-Pacific – Australia, Japan, Hong Kong SAR, New Zealand, South Korea, and Singapore – are expected to grow their dividends to $370.5 billion by the end of 2024, reflecting a 5.8% year-over-year increase. According to S&P Global, 2024 is the year that Japan will overtake Hong Kong SAR in terms of the highest dividend contributions in the developed Asia-Pacific market, with an expected growth rate of over 10% for the year. Turning back to Canada, Ryan Bushell, president and portfolio manager at Newhaven Asset Management, joined BNN Bloomberg on February 4 and discussed the Canadian stock market outlook. He commented that the current hostility from the US should be a wake-up call for Canadian policymakers, noting that it is impractical to isolate the US but Canada should have alternative trading partners in case political tensions influence economic decisions. Bushell mentioned that having export options other than oil is crucial and that Canada should look into exporting natural gas and liquefied petroleum gases as well. In terms of investment strategies, the portfolio manager emphasized that sustainable and stable companies make for excellent long-term investments, regardless of who occupies the White House. This includes critical infrastructure companies, which cater to people's needs rather than wants. He went on to recommend his top stock picks, which were companies with steady dividend policies, high yields, and 40-60% of their revenues coming from the US, to navigate the messy tariffs. Bushnell prefers Canadian energy stocks since these companies are seeking to export to more countries, which will result in higher gains. Our Methodology For this article, we used the Finviz stock screener to filter out dividend stocks listed on US exchanges but headquartered internationally. We focused on picking stocks with a consistent record of paying dividends, offering dividend growth, and being financially stable to steer clear of yield traps. The list below is ranked in the ascending order of Q3 2024 hedge fund sentiment, and dividend yields are mentioned as of February 3. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here) A doctor holding a microscope in front of a laboratory sample of healthcare products. Dividend Yield as of February 3: 3.57% Number of Hedge Fund Holders: 24 Novartis AG (NYSE:NVS) ranks 8th on our list of the best foreign stocks for passive income. It is a Swiss global healthcare company that develops, manufactures, and sells prescription medicines. The company's therapeutic areas include heart, kidney, and metabolic health, immunology, neuroscience, cancer, eye care, and blood disorders. Novartis announced positive results of its Phase III STEER study on December 30, 2024, which refers to the clinical efficiency and safety of OAV101 IT. OAV101 IT is a gene therapy meant for spinal muscular atrophy (SMA) type 2, in patients aged two to under eighteen. The results showed significant improvement in motor function compared to a sham control. Novartis AG (NYSE:NVS) plans to forward these results to the FDA in 2025 for approval. On January 31, 2025, the Swiss healthcare giant reported its Q4 2024 earnings. After adjustments for special items, the net income climbed 26% to $3.93 billion, which beat Wall Street expectations of $3.64 billion. According to the Q4 earnings call, Novartis AG (NYSE:NVS)'s sales grew 16% on a constant currency basis during the quarter. Excluding the heart failure drug Entresto, which will lose its patent in mid-2025, the Novartis brand portfolio grew about 38%. This led the company to offer a 5% plus sales guidance until 2029, as well as a long-term growth forecast in the mid-single digits. In the fourth quarter, Novartis also experienced a record-high free cash flow, which soared 24% to $16.3 billion. NVS attributes its stellar cash flow to its transformation into a pure pharmaceutical play. The company is set on sharing its success with shareholders and is on track to execute share buybacks of $5.4 billion in 2025. Novartis AG (NYSE:NVS) also declared an increase of 6% in its per-share dividend, which now stands at CHF 3.50. This marks the 28th consecutive yearly dividend hike by Novartis. At the end of the third quarter, 24 Wall Street funds held shares of Novartis AG (NYSE:NVS), with the largest stakeholder being Jim Simons' Renaissance Technologies, owning 2.3 million shares valued at $264.6 million. Overall NVS ranks 8th on our list of the best foreign stocks with dividends for passive income. While we acknowledge the potential of NVS as an investment, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stock To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
