Latest news for SalMar (OTC:SALRF) Stock

SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material.

SalMar ASA

B of A Securities analyst Ross Fowler initiates coverage on SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) with a Neutral rating and announces Price Target of $65.

News

Price Target

Initiation

Analyst Ratings

B of A Securities Initiates Coverage On SJW Gr with Neutral Rating, Announces Price Target of $65

Biotech

Large Cap

Health Care

General

REGN

The European Medicines Agency's Committee For Medicinal Products For Human Use Adopted A Positive Opinion Recommending The Expanded Approval Of Regeneron Pharmaceuticals/Sanofi's Dupixent (Dupilumab) For Eosinophilic Esophagitis In Children Down To 1 Year Of Age

WIIM

Arq shares are trading lower after the company announced a proposed public offering of common stock, details not disclosed.

GNFT

GENFIT shares are trading higher. The company reported H1 financial results.

KOPN

Kopin shares are trading lower after the company announced a public offering of common stock and pre-funded warrants, size not disclosed.

Thor Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) will release earnings results for its fiscal 2024 fourth quarter, before the <a href="https://www.benzinga.com/quote/THO/earnings">opening bell on Tuesday, Sept. 24.</a>
Analysts expect the company to report quarterly earnings at $4.83 per share, up from $4.55 per share in the year-ago period. Thor Industries projects to report revenue of $21.99 billion for the quarter, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On June 19, THOR Industries said its Board of Directors approved the payment of a regular quarterly cash dividend of 48 cents per share.
Thor Industries shares fell 0.5% to close at $188.43 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TJX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6531555b0d10db0001eaba63/tristan-thomas-martin">BMO Capital analyst Tristan Thomas-Martin</a> maintained an Outperform rating with a price target of $120 on Sept. 19. This analyst has an accuracy rate of 60%.</li>
<li>Citigroup analyst James Hardiman maintained a Buy rating and slashed the price target from $120 to $113 on June 7. This analyst has an accuracy rate of 68%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58ee65320bd9910001ca9bef/michael-swartz">Truist Securities analyst Michael Swartz</a> maintained a Hold rating and cut the price target from $100 to $95 on June 6. This analyst has an accuracy rate of 70%.</li>
<li>Baird analyst Craig Kennison maintained an Outperform rating and slashed the price target from $120 to $110 on June 6. This analyst has an accuracy rate of 67%.</li>
</ul>
Considering buying THO stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="511" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20022246/image-156-1024x511.png" alt="" class="wp-image-557627" style="width:635px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20022246/image-156-1024x511.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20022246/image-156-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20022246/image-156-768x383.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/20022246/image-156.png 1326w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/markets/24/09/40948972/coinbase-global-electronic-arts-and-2-other-stocks-executives-are-selling">Coinbase Global, Electronic Arts And 2 Other Stocks Executives Are Selling</a></li>
</ul>

Earnings

Markets

Trading Ideas

Thor Industries Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Although U.S. stocks closed higher on Thursday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">Middlefield Banc</h3>
<ul>
<li>The Trade: Middlefield Banc Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBCN#NASDAQ">MBCN</a>) CEO Ronald Len. Zimmerly Jr <a href="https://www.benzinga.com/quote/ONEW/analyst-ratings">acquired a total of 1,000 shares at</a> an average price of $22.47. To acquire these shares, it cost around $22,470.</li>
<li>What's Happening: On July 18, Middlefield Banc reported quarterly earnings of 52 cents per share which beat the analyst consensus estimate of 40 cents per share.</li>
<li>What Middlefield Banc Does: Middlefield Banc Corp is a United States-based bank holding company.</li>
</ul>

<h3 class="wp-block-heading">Focus Universal</h3>
<ul>
<li>The Trade: Focus Universal Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCUV#NASDAQ">FCUV</a>) Director Edward Shihai Lee acquired a total of 1,000,000 shares at an average price of $0.30. To acquire these shares, it cost around $300,000.</li>
<li>What's Happening: On Sept. 16, Focus Universal announced a $1.2 million registered direct offering of 3.75 million shares at $0.32 per share.</li>
<li>What Focus Universal Does: Focus Universal Inc develops and manufactures universal smart devices.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/09/40952252/nvidia-tesla-rally-as-dow-s-p-500-surge-to-fresh-highs-after-fed-cuts-rates-fear-index-remains-in-g">Nvidia, Tesla Rally As Dow, S&amp;P 500 Surge To Fresh Highs After Fed Cuts Rates: Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

Long Ideas

Insider Trades

Pre-Market Outlook

FCUV

MBCN

Executives Buying Middlefield Banc And 1 Other Stock

TNON

Tenon Medical shares are trading higher after the company announced the issuance of three notices of allowance for patent applications from the UPSTO.

BATL

Battalion Oil Corp shares are trading higher after the company announced it has amended its merger agreement with Fury Resources for the acquisition of all outstanding shares of Battalion at $7.00 per share in cash.

MTDR

Matador Resources Says It Intends To Offer $750M Of Senior Unsecured Notes Due 2033 In A Private Placement To Eligible Purchasers; Company Will Use Net Proceeds From The Offering To Repay Borrowings Outstanding Under Credit Facility

United Parcel Service shares are trading lower in sympathy with FedEx which reported worse-than-expected Q1 financial results and cut its FY25 guidance.

Evercore ISI Group analyst David Palmer upgrades Darden Restaurants (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) from In-Line to Outperform and raises the price target from $165 to $205.

Upgrades

Evercore ISI Group Upgrades Darden Restaurants to Outperform, Raises Price Target to $205

Lennar shares are trading lower. The company reported Q3 financial results.

Nike shares are trading higher after the company announced Elliot Hill will take over as the new President and CEO. John Donahoe will retire from his position.

Deutsche Bank analyst Krisztina Katai maintains Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Buy and maintains $92 price target.

Deutsche Bank Maintains Buy on Nike, Maintains $92 Price Target

Constellation Energy shares are trading higher after the company announced it signed a 20-year power purchase agreement with Microsoft.

Senior U.S. officials now reportedly believe that a cease-fire and hostage-release deal between Israel and Hamas is unlikely before the end of President Joe Biden&#8216;s term. 
What Happened: Despite months of negotiations, the White House acknowledges that the warring parties have not agreed on the current framework. Officials cite the ratio of Palestinian prisoners to Hamas-held hostages and recent escalations with Hezbollah as major obstacles, The Wall Street Journal <a href="https://www.wsj.com/world/middle-east/israel-hamas-deal-unlikely-before-end-of-bidens-term-u-s-officials-say-efc21510">reported</a> on Friday.
"No deal is imminent," one of the U.S. officials said. 
"I'm not sure it ever gets done."
National security adviser Jake Sullivan met with the families of American hostages, reiterating that their release remains a priority. However, the families expressed frustration over the lack of progress.
Secretary of State Antony Blinken urged restraint in a speech in France, while National Security Council spokesman John Kirby described the prospects of a deal as &#8220;daunting.&#8221;
Hezbollah leader Hassan Nasrallah declared the recent attacks as a &#8220;declaration of war,&#8221; complicating the situation further. The Biden administration continues to work with mediators Egypt and Qatar to seek a breakthrough.
See Also: <a href="https://www.benzinga.com/general/politics/24/09/40910999/trump-in-trouble-vice-president-harris-has-record-6-point-lead-in-2024-election-poll-after-debat?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump In Trouble: Vice President Harris Has Record 6-Point Lead In 2024 Election Poll After Debate, Posts Highest Rankings In Key Demographics</a>
Why It Matters: The conflict between Israel and Hamas has seen numerous attempts at brokering peace, with the U.S. playing a significant role. Recently, <a href="https://www.benzinga.com/news/24/09/40920151/china-slams-us-for-shielding-israel-blocking-gaza-ceasefire-efforts-as-war-nears-1-year">China accused the United States</a> of shielding Israel and blocking ceasefire efforts in Gaza. Chinese diplomats emphasized that ending Israel&#8217;s occupation of Palestinian territories is a &#8220;legal obligation,&#8221; not an option. 
Additionally, Israel has been rocked by large-scale protests <a href="https://www.benzinga.com/news/24/09/40673642/israel-rocked-by-protesters-call-for-immediate-ceasefire-after-hostage-deaths">demanding an immediate ceasefire </a>following the deaths of six hostages in Gaza. Protesters have called on Prime Minister Benjamin Netanyahu to intensify efforts to free the remaining hostages. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40931458/obama-era-economist-says-she-is-pleasantly-surprised-that-jd-vance-thinks-the-economy-is-too-strong?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Obama-Era Economist Says She Is &#8216;Pleasantly Surprised&#8217; That JD Vance Thinks The &#8216;Economy Is Too Strong For The Rate Cut&#8217;</a></li>
</ul>
Image via Shutterstock
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Politics

Global

Top US Officials Skeptical Of Israel-Hamas Cease-Fire And Hostage Deal Before Biden's Term Ends: Report

General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) is recalling nearly 450,000<a href="https://www.benzinga.com/news/earnings/24/07/39904891/general-motors-q2-earnings-revenue-beat-hikes-annual-outlook-but-faces-challenges-in-evs-and-china"> vehicles in the U.S. </a>over concerns that the electronic brake control module software may not show a warning light when a loss of brake fluid occurs, the U.S. National Highway Traffic Safety Administration (NHTSA) said.
What Happened: Loss of brake fluid reduces braking performance. Unless a warning light is issued, the vehicle may be driven with low brake fluid, increasing the risk of a crash, the auto safety regulator said.
The recall population includes both trucks and SUVs: 2023 Chevrolet Silverado 1500, GMC Sierra 1500, 2023-2024 Chevrolet Tahoe, Suburban, GMC Yukon, Yukon XL, Cadillac Escalade, and Escalade ESV. 
As for a solution, the company will update the electronic brake control module software at no cost to the customer.
Why It Matters: Pickup trucks and SUVs are GM&#8217;s major sales segments in the U.S. 
In the first half of 2024, the company sold 281,099 Chevrolet Silverado vehicles, <a href="https://www.benzinga.com/news/24/07/39612749/60-000-cadillac-lyriq-drives-gms-q2-ev-sales-after-bolt-is-discontinued">including EVs</a>, and 148,785 GMC Sierra vehicles. 
The two truck models were the company&#8217;s top-selling models in the first half of 2024, followed by the Equinox SUV. 
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40952233/gms-cruise-eyes-resuming-robotaxi-operations-in-california-after-long-pause-due-to-pedestrian-accide" target="_blank" rel="noreferrer noopener">GM's Cruise Eyes Resuming Robotaxi Operations In California After Long Pause Due To Pedestrian Accident In 2023</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

GM To Recall Nearly 450K Vehicles Over Inoperative Warning Lights On Loss Of Brake Fluid

The first opinion recommends the approval of KEYTRUDA in combination with carboplatin and paclitaxel, followed by KEYTRUDA as a single agent, for the first-line treatment of adult patients with primary advanced or recurrent endometrial carcinoma who are candidates for systemic therapy.
The second positive opinion recommends the approval of KEYTRUDA in combination with chemoradiotherapy (CRT) for the treatment of FIGO (International Federation of Gynecology and Obstetrics) 2014 Stage III-IVA locally advanced cervical cancer in adults who have not received prior definitive therapy.
The CHMP&#39;s recommendations will now be reviewed by the European Commission for marketing authorization in the European Union (EU), and final decisions are expected in the&nbsp;fourth quarter&nbsp;of 2024.

Merck Says European Medicines Agency's CHMP Adopted Positive Opinions Recommending Approval Of Keytruda (Pembrolizumab), Its Anti-PD-1 Therapy, For Two Indications In Gynecologic Cancers

Baird analyst Jonathan Komp maintains Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Outperform and raises the price target from $100 to $110.

Baird Maintains Outperform on Nike, Raises Price Target to $110

SalMar ASA (GB:0FWY) has released an update. SalMar ASA successfully conducted its annual general meeting, with all agenda items approved as propos...

SalMar ASA's Annual General Meeting Concludes Smoothly

SalMar ASA (GB:0FWY) has released an update. SalMar ASA, a leading salmon producer, has issued a commercial paper worth NOK 650 million with a 5.12...

SalMar ASA Launches NOK 650M Commercial Paper

SalMar ASA (GB:0FWY) has released an update. SalMar ASA, a leading salmon producer with activities in Norway and Iceland, has increased its certifi...

SalMar ASA Boosts Certificate Loan to NOK 880 Million

SalMar ASA (GB:0FWY) has released an update. SalMar ASA, a leading salmon producer, has increased its commercial paper by NOK 230 million, bringing...

SalMar ASA Boosts Commercial Paper Program

SalMar: Jellyfish Strike Quarter's Volumes

SalMar ASA (GB:0FWY) has released an update. SalMar ASA reported a total slaughter volume of 44.8 thousand tons gutted weight (tgw) for Q2 2024, wi...

SalMar ASA Announces Q2 2024 Slaughter Volumes

SalMar ASA (GB:0FWY) has released an update. SalMar ASA will unveil its second quarter 2024 financial results on August 20, with a live presentatio...

SalMar ASA Announces Q2 2024 Results Presentation

SalMar ASA reports Q2 results

SalMar ASA (SALRF) Q2 2024 Earnings Call Transcript

SalMar ASA (GB:0FWY) has released an update. SalMar ASA, a leading salmon producer, has issued a new certificate loan for NOK 500 million with a 5....

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