Latest news for Afry (OTC:AFXXF) Stock

Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. It develops solutions for public and private clients and can serve all regions of the world. The business divisions are Industrial & Digital Solutions, Infrastructure, Process Industries, Energy, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals. It also offers engineering, design, and advisory services across three main sectors: infrastructure, industry, and energy. It generates the majority of its revenue from the Infrastructure segment.

Afry AB

News

BGNE

BeiGene Says Israeli Ministry Of Health Approved TEVIMBRA (Tislelizumab) As Monotherapy For Treatment Of Adult Patients With Unresectable Or Metastatic OESCC After Prior Systemic Chemotherapy

Mizuho analyst Vijay Rakesh initiates coverage on Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) with a Outperform rating and announces Price Target of $135.

Price Target

Initiation

Analyst Ratings

DELL

Mizuho Initiates Coverage On Dell Technologies with Outperform Rating, Announces Price Target of $135

Raymond James analyst Brian Gesuale downgrades AeroVironment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>) from Outperform to Market Perform.

Downgrades

AVAV

Raymond James Downgrades AeroVironment to Market Perform

Mizuho analyst Vijay Rakesh initiates coverage on Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) with a Neutral rating and announces Price Target of $450.

SMCI

Mizuho Initiates Coverage On Super Micro Computer with Neutral Rating, Announces Price Target of $450

HC Wainwright &amp; Co. analyst Scott Buck reiterates Xtract One Technologies (TSX:<a class="ticker" href="https://www.benzinga.com/stock/XTRA#TSX">XTRA</a>) with a Buy and maintains C$1.5 price target.

Reiteration

TSX:XTRA

HC Wainwright & Co. Reiterates Buy on Xtract One Technologies, Maintains C$1.5 Price Target

In Iceland, local geothermal energy companies issued partial power curtailment orders across their industrial customers, including the Company&#39;s Grundartangi smelter, for required maintenance activities.
These curtailments are expected to reduce Grundartangi&#39;s production by approximately 2,500 MT in the&nbsp;third quarter.

CENX

Century Aluminum Reveals Resumption Of Normal Shipping Operations At Jamalco's Rocky Point Port

WIIM

Hewlett Packard Enterprise shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $21 to $24.

Morgan Stanley analyst Kristine Liwag maintains Virgin Galactic Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPCE#NYSE">SPCE</a>) with a Underweight and lowers the price target from $35 to $5.

SPCE

Morgan Stanley Maintains Underweight on Virgin Galactic Hldgs, Lowers Price Target to $5

HC Wainwright &amp; Co. analyst Swayampakula Ramakanth reiterates ImmunoPrecise Antibodies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPA#NASDAQ">IPA</a>) with a Buy and maintains $9 price target.

HC Wainwright & Co. Reiterates Buy on ImmunoPrecise Antibodies, Maintains $9 Price Target

Zubie Enters Agreement With Toyota's Commercial Vehicle Connectivity Platform, Toyota Data Solutions

INTC

Intel shares are trading higher after the company announced a strategic collaboration with AWS to help advance US-based chip manufacturing.

Morgan Stanley analyst Javier Martinez downgrades Adecoagro (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGRO#NYSE">AGRO</a>) from Overweight to Equal-Weight and lowers the price target from $14.5 to $12.5.

AGRO

Morgan Stanley Downgrades Adecoagro to Equal-Weight, Lowers Price Target to $12.5

Buybacks

Silvercorp Metals Renews Share Repurchase Program, Announces Normal Course Issuer Bid Commencing September 19, To Acquire Up To 8.67M Shares Or 4% Of Issued And Outstanding Stock

HC Wainwright &amp; Co. analyst Mitchell Kapoor reiterates Summit Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) with a Buy and maintains $45 price target.

SMMT

HC Wainwright & Co. Reiterates Buy on Summit Therapeutics, Maintains $45 Price Target

With the 2024 election season heating up, one thing is clear: this November could change everything for Americans. According to Goya Foods CEO Bob Unanue, the choice voters face isn&#8217;t just political – It's a decision between economic survival or collapse. And, he says, the answer is obvious.
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In an appearance on &#8220;Fox &amp; Friends Weekend,&#8221; Unanue didn't hold back. &#8220;You have two very clear records. <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40656496/trump-got-orange-pilled-in-puerto-rico-bitcoiners-100-million-pitch-that-changed-everythin">Donald Trump</a> had prosperity. The Harris-Biden administration gave us inflation and poverty. They&#8217;re driving us into poverty,&#8221; he told host Rachel Campos-Duffy. "Poverty is slavery," he added.
Unanue didn't mince words as he examined what he saw as a disastrous turn of events. He pointed to the administration&#8217;s environmental policies, which he believes started the economic downward spiral.
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&nbsp;&#8220;They started off by declaring war on fossil fuels – the Green New Deal, a weakness around the planet, which drove war in Ukraine," Unanue said. "Russia and Ukraine, with 50% of the world&#8217;s fertilizer, saw fertilizer prices triple." According to him, the ripple effects have only worsened the situation for everyone, from farmers to grocery shoppers.
As Unanue sees it, there's no sugarcoating the situation. &#8220;We&#8217;ve just gone from bad to worse,&#8221; he remarked, referring to inflation and job losses. He expressed disbelief over the current administration&#8217;s attempts to paint a better picture, adding, &#8220;I just don&#8217;t know how they can spin it, that we&#8217;re better off than we were before.&#8221;
Trending: Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/red-ventures"> The percentage may shock you</a>.
Former President Donald Trump also criticized the administration, particularly in light of a disappointing August jobs report. Speaking at a rally in Wisconsin, Trump claimed, &#8220;Harris cast the tiebreaking votes that caused the worst inflation in American history, costing a typical family $28,000. Think of that.&#8221;
Trump didn't stop there. He pointed to job losses as a significant indicator of economic trouble. &#8220;We lost 438,000 full-time jobs in August alone. We lost almost half a million jobs,&#8221; he said, arguing that the administration's economic policies are failing.
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At the same time, Vice President <a href="https://www.benzinga.com/startups/24/08/40196337/kamala-harris-says-rebuilding-the-middle-class-is-a-top-priority-heres-the-investment-strategy-she-b">Kamala Harris</a> has been under scrutiny for her proposed economic measures, such as a potential federal ban on price gouging in food and groceries. Some see her policies as a way to protect consumers, but others, like Unanue, argue they may do more harm than good.
Unanue also raised concerns about the disparity between benefits for U.S. citizens and non-citizens, claiming that legal residents are getting the short end of the stick. &#8220;I&#8217;ve worked 50 years. I&#8217;m 70 years old.&nbsp;
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The average Social Security check is $1,200. Illegals coming into this country received nearly $4,000 in benefits,&#8221; he said. His frustration was palpable as he questioned the message sent to hardworking Americans.
&#8220;Why educate ourselves to produce, to make a difference, when the government says, &#8216;Hey, just stay in your bunker, don&#8217;t get up. We&#8217;re going to take care of you,'&#8221; Unanue said, arguing that dependence replaces self-reliance. He emphasized the importance of having a purpose, saying, &#8220;God, family, work … are very important.&#8221;
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However, critics of this perspective point out that many economic challenges attributed to the Biden-Harris administration were a continuation of policies enacted during Trump&#8217;s presidency. The COVID-19 pandemic, which struck during Trump&#8217;s term, set off a chain of economic disruptions that spilled into the Biden era.&nbsp;
For instance, some argue that the large-scale federal stimulus measures that contributed to inflation were passed while Trump was in office. Additionally, global factors like the war in Ukraine and supply chain issues are not solely within the control of any one administration.
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</ul>

Personal Finance

Goya Foods CEO Claims Biden-Harris Policies Are Deepening Poverty Crisis: 'We've Just Gone From Bad To Worse'

Breakthrough Therapy Designation is designed to expedite the development and regulatory review of drugs in the U.S. that meet stringent criteria.
Drugs qualifying for this Designation must show preliminary clinical evidence that the drug may demonstrate a substantial improvement on clinically significant endpoints over available therapies.
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BBIO

BridgeBio Pharma Says FDA Has Granted Breakthrough Therapy Designation To Oral Infigratinib Under Development For Children With Achondroplasia

HC Wainwright &amp; Co. analyst Douglas Tsao reiterates Cabaletta Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CABA#NASDAQ">CABA</a>) with a Buy and maintains $25 price target.

CABA

HC Wainwright & Co. Reiterates Buy on Cabaletta Bio, Maintains $25 Price Target

Leerink Swann analyst David Risinger initiates coverage on Oruka Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORKA#NASDAQ">ORKA</a>) with a Outperform rating and announces Price Target of $44.

ORKA

Leerink Swann Initiates Coverage On Oruka Therapeutics with Outperform Rating, Announces Price Target of $44

HC Wainwright &amp; Co. analyst Andrew Fein reiterates I-MAB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IMAB#NASDAQ">IMAB</a>) with a Buy and maintains $8 price target.

IMAB

HC Wainwright & Co. Reiterates Buy on I-MAB, Maintains $8 Price Target

Over 40 private sector financial firms have joined forces with the Bank for International Settlements (BIS) and a consortium of leading central banks in Project Agorá, aimed at exploring the potential of tokenization to enhance <a href="https://www.benzinga.com/markets/cryptocurrency/23/11/35804095/central-banks-are-exploring-cbdcs-but-dont-expect-a-digital-dollar-anytime-soon">wholesale cross-border payments</a>.
What Happened: The <a href="https://www.bis.org/about/bisih/topics/fmis/agora.htm">project</a> brings together seven central banks: Bank of France (representing the eurozone), Bank of Japan, Bank of Korea, Bank of Mexico, Swiss National Bank, Bank of England and the Federal Reserve Bank of New York.
These institutions will partner with the selected financial firms, with the IIF acting as the private sector convener.
The participating firms, chosen from a pool of applicants, represent a diverse range of business models, institution sizes and geographical locations.
To be eligible, companies must be regulated in a participating jurisdiction as a commercial bank, payment services provider or financial market infrastructure company.
They must also be significantly involved in cross-border payments and possess innovation expertise.
Project Agorá, named after the Greek word for &#8220;marketplace,&#8221; will investigate how tokenized commercial bank deposits can be seamlessly integrated with tokenized wholesale central bank money in a public-private programmable core financial platform. 
This exploration builds on the unified ledger concept proposed by the BIS and aims to enhance the functioning of the monetary system while maintaining its two-tier structure.
The initiative seeks to address several structural inefficiencies in current cross-border payment systems.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/27091545/Benzinga-conference.gif" alt="Benzinga future of digital assets conference" class="wp-image-267246" /></a></figure>
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These challenges include differing legal, regulatory, and technical requirements across jurisdictions, varying operating hours and time zones and the increased complexity of financial integrity controls.
Currently, these controls, such as customer verification and anti-money laundering checks, are often repeated multiple times for the same transaction, depending on the number of intermediaries involved.
By leveraging smart contracts and programmability, Project Agorá aims to enable new methods of settlement and unlock types of transactions that are currently impractical or not viable. 
This could potentially offer new opportunities to benefit businesses and individuals in the realm of cross-border payments.
As an experimental BIS Innovation Hub project, Project Agorá is designed to explore and deliver public goods to the global central banking community. 
With the design phase now underway, the financial industry will be closely watching the developments and potential outcomes of this significant public-private partnership.
What&#8217;s Next: For those interested in staying informed about developments in digital finance and cross-border payments, Benzinga&#8217;s <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19 may offer further insights into projects like Agorá and their potential impact on the financial landscape.
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</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Central And Commercial Banks Partner To Enhance CBDCs With Project Agorá: What You Need To Know

In a report released on July 12, Anders Jafs from Kepler Capital maintained a Buy rating on AFRY AB Class B (AFXXF – Research Report), with a price...

Kepler Capital  Remains a Buy on AFRY AB Class B (AFXXF)

In a report released on July 16, Anders Jafs from Kepler Capital maintained a Buy rating on AFRY AB Class B (AFXXF – Research Report), with a price...

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Afry

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Latest news for Afry (OTC:AFXXF) Stock