Latest news for Fairfax Finl Hldgs (OTC:FFHPF) Stock

Fairfax provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chairman and CEO, since its formation in 1985.

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FFHPF

Fairfax Financial Holdings Limited (OTCMKTS: FFHPF) was founded in 1985 by Prem Watsa, who remains the chairman and CEO.

&#39;Canadian Warren Buffett&#39; Owns These Dividend Stocks: How To Invest Like The Billionaire

FAIRFAX FINCL HLDGS PFD M by Fairfax Financial Holdings Ltd.

Fairfax Financial Holdings Ltd

Citigroup analyst Andrew Kaplowitz maintains Fluor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) with a Neutral and raises the price target from $47 to $52.

Price Target

Analyst Ratings

Citigroup Maintains Neutral on Fluor, Raises Price Target to $52

Morgan Stanley analyst Manan Gosalia maintains Fifth Third Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>) with a Equal-Weight and raises the price target from $36 to $40.

FITB

Morgan Stanley Maintains Equal-Weight on Fifth Third Bancorp, Raises Price Target to $40

Deep-pocketed investors have adopted a bearish approach towards Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BIDU usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 19 extraordinary options activities for Baidu. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 42% leaning bullish and 52% bearish. Among these notable options, 3 are puts, totaling $152,100, and 16 are calls, amounting to $771,250.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $100.0 for Baidu during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Baidu's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Baidu's significant trades, within a strike price range of $70.0 to $100.0, over the past month.
<h3>Baidu 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721665854_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$3.3</td>
<td>$3.2</td>
<td>$3.3</td>
<td>$100.00</td>
<td>$165.0K</td>
<td>9.9K</td>
<td>1.0K</td>
</tr>
<tr>
<td>BIDU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$14.05</td>
<td>$13.8</td>
<td>$14.0</td>
<td>$100.00</td>
<td>$70.0K</td>
<td>486</td>
<td>0</td>
</tr>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$3.45</td>
<td>$3.35</td>
<td>$3.45</td>
<td>$100.00</td>
<td>$69.0K</td>
<td>9.9K</td>
<td>833</td>
</tr>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/09/24</td>
<td>$6.8</td>
<td>$6.45</td>
<td>$6.57</td>
<td>$87.00</td>
<td>$65.7K</td>
<td>119</td>
<td>0</td>
</tr>
<tr>
<td>BIDU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$14.15</td>
<td>$14.15</td>
<td>$14.15</td>
<td>$85.00</td>
<td>$56.6K</td>
<td>298</td>
<td>120</td>
</tr>
</tbody>
</table>

<h3>About Baidu</h3>
Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2022. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.
In light of the recent options history for Baidu, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Baidu's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 1,440,841, the BIDU's price is up by 1.25%, now at $91.5. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 31 days.</li>
</ul>
<h3>Professional Analyst Ratings for Baidu</h3>
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $126.5.
<ul>
<li>An analyst from B of A Securities has decided to maintain their Buy rating on Baidu, which currently sits at a price target of $128. </li>
<li>An analyst from Barclays persists with their Overweight rating on Baidu, maintaining a target price of $125. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Baidu with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

BIDU

Baidu's Options: A Look at What the Big Money is Thinking

Deep-pocketed investors have adopted a bullish approach towards Iris Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in IREN usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 20 extraordinary options activities for Iris Energy. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 75% leaning bullish and 25% bearish. Among these notable options, 2 are puts, totaling $81,485, and 18 are calls, amounting to $813,783.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $7.5 and $20.0 for Iris Energy, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Iris Energy's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Iris Energy's whale activity within a strike price range from $7.5 to $20.0 in the last 30 days. 
<h3>Iris Energy Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721665849_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>IREN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$2.25</td>
<td>$2.15</td>
<td>$2.15</td>
<td>$14.00</td>
<td>$107.5K</td>
<td>1.2K</td>
<td style="text-align: right;">64</td>
</tr>
<tr>
<td>IREN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$2.15</td>
<td>$2.0</td>
<td>$2.05</td>
<td>$14.00</td>
<td>$81.9K</td>
<td>1.2K</td>
<td style="text-align: right;">565</td>
</tr>
<tr>
<td>IREN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$3.6</td>
<td>$3.4</td>
<td>$3.6</td>
<td>$10.00</td>
<td>$72.0K</td>
<td>11.6K</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>IREN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$0.9</td>
<td>$0.8</td>
<td>$0.9</td>
<td>$11.50</td>
<td>$67.5K</td>
<td>793</td>
<td style="text-align: right;">48</td>
</tr>
<tr>
<td>IREN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$0.9</td>
<td>$0.7</td>
<td>$0.7</td>
<td>$20.00</td>
<td>$59.8K</td>
<td>2.9K</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>

<h3>About Iris Energy</h3>
Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.
After a thorough review of the options trading surrounding Iris Energy, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Iris Energy's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 10,988,368, the IREN's price is down by 0.0%, now at $11.3. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 14 days.</li>
</ul>
<h3>Expert Opinions on Iris Energy</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $20.333333333333332.
<ul>
<li>In a cautious move, an analyst from Bernstein downgraded its rating to Outperform, setting a price target of $26. </li>
<li>An analyst from B. Riley Securities persists with their Buy rating on Iris Energy, maintaining a target price of $18. </li>
<li>An analyst from B. Riley Securities has decided to maintain their Buy rating on Iris Energy, which currently sits at a price target of $17. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Iris Energy with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

IREN

Decoding Iris Energy's Options Activity: What's the Big Picture?

Citigroup analyst Andrew Kaplowitz maintains AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) with a Buy and lowers the price target from $116 to $104.

Citigroup Maintains Buy on AECOM, Lowers Price Target to $104

Investors with a lot of money to spend have taken a bullish stance on Danaher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DHR, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 10 options trades for Danaher.
This isn't normal.
The overall sentiment of these big-money traders is split between 80% bullish and 20%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $150,334, and 9, calls, for a total amount of $532,503.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $230.0 to $260.0 for Danaher over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Danaher's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Danaher's substantial trades, within a strike price spectrum from $230.0 to $260.0 over the preceding 30 days.
<h3>Danaher 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721665843_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DHR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$7.3</td>
<td>$7.2</td>
<td>$7.3</td>
<td>$260.00</td>
<td>$171.5K</td>
<td>56</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>DHR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$6.6</td>
<td>$6.5</td>
<td>$6.5</td>
<td>$240.00</td>
<td>$150.3K</td>
<td>2.4K</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>DHR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$7.4</td>
<td>$7.2</td>
<td>$7.3</td>
<td>$260.00</td>
<td>$80.3K</td>
<td>56</td>
<td style="text-align: right;">242</td>
</tr>
<tr>
<td>DHR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$1.7</td>
<td>$1.6</td>
<td>$1.65</td>
<td>$260.00</td>
<td>$78.0K</td>
<td>264</td>
<td style="text-align: right;">145</td>
</tr>
<tr>
<td>DHR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$38.6</td>
<td>$37.8</td>
<td>$37.8</td>
<td>$250.00</td>
<td>$52.9K</td>
<td>72</td>
<td style="text-align: right;">30</td>
</tr>
</tbody>
</table>

<h3>About Danaher</h3>
In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Through a series of mergers, acquisitions, and divestitures, Danaher now focuses primarily on manufacturing scientific instruments and consumables in the life science and diagnostic industries after the late 2023 divesititure of its environmental and applied solutions group, Veralto.
<h3>Danaher's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,129,939, with DHR's price up by 0.82%, positioned at $245.54.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 1 days.</li>
</ul>
<h3>Expert Opinions on Danaher</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $260.0.
<ul>
<li>Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Danaher with a target price of $260. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Danaher options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Market Whales and Their Recent Bets on DHR Options

Boeing And Antonov To Collaborate On Defense Projects; Signed MOU To Work With Ukrainian Industry

Coca-Cola Consolidated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COKE#NASDAQ">COKE</a>) has outperformed the market over the past 15 years by 9.41% on an annualized basis producing an average annual return of 21.63%. Currently, Coca-Cola Consolidated has a market capitalization of $9.51 billion. 
Buying $1000 In COKE: If an investor had bought $1000 of COKE stock 15 years ago, it would be worth $19,095.43 today based on a price of $1085.50 for COKE at the time of writing.
<h3>Coca-Cola Consolidated's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721665816_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

COKE

If You Invested $1000 In This Stock 15 Years Ago, You Would Have $19,000 Today

Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) has outperformed the market over the past 20 years by 7.72% on an annualized basis producing an average annual return of 16.09%. Currently, Cheniere Energy has a market capitalization of $41.28 billion. 
Buying $1000 In LNG: If an investor had bought $1000 of LNG stock 20 years ago, it would be worth $20,063.40 today based on a price of $180.35 for LNG at the time of writing.
<h3>Cheniere Energy's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721665811_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Cheniere Energy 20 Years Ago Would Be Worth This Much Today

Former President <a href="https://finance.yahoo.com/news/heres-much-profit-donald-trump-121454764.html">Donald Trump</a> has set the bar high for his upcoming fundraiser at the Bitcoin 2024 Conference in Nashville. The invitation for his exclusive event, scheduled for July 27, boasts an astonishing $844,600 ticket price. According to Bloomberg, this is the " … maximum combined campaign contribution to the Trump campaign and the Republican National Committee that's allowed under campaign finance laws." This is equivalent to around 13 <a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment/">Bitcoin (BTC)</a> in today's market. However, the event&#8217;s high cost is not the only headline, as the <a href="https://finance.yahoo.com/news/kevin-oleary-says-assassination-attempt-141514067.html">recent assassination of Trump</a> has introduced a sense of unease among attendees.
Don't /miss:
<ul>
<li>1 in 4 Americans own a share of Bitcoin according to NASDAQ,<a href="https://www.benzinga.com/money/nasdaq-1in4-adv"> how many people got started through this free crypto faucet?</a></li>
<li><a href="https://www.benzinga.com/money/plus500">Want to trade futures? Discover why 25 million chose this Chicago Bulls sponsor.</a></li>
</ul>
This event aims to raise funds for Trump's presidential campaign while showcasing his newfound enthusiasm for crypto. Years prior, he dismissed Bitcoin as a "scam," but he has since departed from his skepticism. Trump's recent speeches illustrate his determination to protect and enhance Bitcoin and the rest of crypto, coining him the "crypto president." Specifically, Trump pledged to keep Sen. Elizabeth Warren and "her goons" away from Bitcoin holders.
Attendees paying for the near million-dollar ticket will receive roundtable seating, a photo with Trump, and VIP access to the reception. The invitation also mentions a photo opportunity with Trump for $60k per person and $100k per couple. Trump is expected to be the lead voice for the conference with guest speakers including Ohio Sen. JD Vance (Trump's newly elected running mate), Vivek Ramaswamy (Trump&#8217;s primary Republican opponent) and <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38517674/cathie-wood-raises-her-bitcoin-prediction-by-2-3-million-what-1-000-invested-could-be-wort">Cathie Wood (Ark Invest's CEO)</a>.&nbsp;
According to the invitation&#8217;s email, the organizers have capped the event&#8217;s attendance at an estimated 100-150 donors, who &#8220;will enjoy drinks and hors d&#8217;oeuvres while mingling with influential guests.&#8221; If fully booked, the event is estimated to bring in $130 million.
Trending: If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019,<a href="https://www.benzinga.com/money/bydfi-doge"> here&#8217;s how much you&#8217;d have today</a>.
With the event centered around digital currency, there are rumors about accepting crypto as a payment method. According to Decrypt, the attendees can purchase tickets using crypto via Coinbase, Gemini, or Anedot. The ongoing acceptance of crypto hints at the likelihood of digital asset integration for future political fundraising.&nbsp;
Trump's fundraiser coinciding with Bitcoin 2024 is more than an expensive event. It's a calculated move that facilitates his political and financial influence. Trump seems to be aiming to capitalize on a new wave of supporters by offering a fresh perspective on the future of finance. This strategy could prove pivotal in his campaign and set the tone for future elections.&nbsp;
However, not everyone is fond of Trump's unique initiatives. Trump's new crypto advocacy has come with significant criticism. Many of his traditional supporters view his shift with suspicion. Critics argue that his new stance contradicts previous statements and neglects attention from traditional finances. Many financial experts have voiced concerns over volatility and regulatory challenges that come with crypto.&nbsp;
Overall, Trump's fundraiser at Bitcoin 2024 represents a distinctive move that strengthens ties with crypto while potentially losing the interest of others. Whether or not this strategy will wind up victorious remains unknown, but one thing is certain: Trump is attempting to reconstruct America&#8217;s financial and political landscape.&nbsp;
Read Next:
<ul>
<li>General Motors and other leaders revealed to be<a href="https://www.benzinga.com/money/energyx"> investing in this revolutionary lithium start-up — allowing easy entry by launching at just $9.50 per share.</a></li>
<li>America's construction sites are desperate for Robots —<a href="https://www.benzinga.com/money/apis-cor"> here&#8217;s how to invest in a house-printing startup who&#8217;s making them and be a part of a $16 trillion industry</a>.</li>
</ul>

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

Cryptocurrency

$BTC

Trump Fundraiser At Bitcoin Conference Reaches $845K Asking Price Per Seat

Allarity Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALLR#NASDAQ">ALLR</a>) revealed on Monday it received a &#8220;Wells Notice&#8221; from the U.S. <a href="https://www.benzinga.com/pressreleases/24/07/g39878827/allarity-therapeutics-outlines-companys-2024-progress-and-objectives" target="_blank" rel="noreferrer noopener">Securities and Exchange Commission (SEC)</a>.
This notice pertains to the company&#8217;s disclosures about meetings with the Federal Drug Administration (FDA) regarding their New Drug Application (NDA) for Dovitinib or Dovitinib-DRP, submitted in 2021.
In December 2021, Allarity Therapeutics submitted a marketing application to the FDA seeking approval for dovitinib for the third-line treatment of <a href="https://www.benzinga.com/general/biotech/21/12/24738868/whats-happening-with-allarity-therapeutics-stock-today" target="_blank" rel="noreferrer noopener">renal cell carcinoma (RCC) patients</a>.  
The company&#8217;s NDA filing was supported by its prior pre-market approval (PMA) submission with the FDA for using Dovitinib-DRP, its companion diagnostic for the drug, to select and treat RCC patients most likely to respond to dovitinib.
Additionally, three former officers of Allarity have received similar notices from the SEC related to this issue.
A Wells Notice indicates the SEC staff made a preliminary determination to recommend enforcement action, alleging violations of federal securities laws.
It is not a formal charge but suggests potential legal action.
Allarity disclosed that all conduct related to the SEC&#8217;s notice occurred during or before the fiscal year 2022.
The company remains cooperative with the SEC and plans to submit a formal response, asserting its actions were appropriate.
Allarity&#8217;s board of directors has proposed a reverse stock split to shareholders to regain and sustain compliance with NASDAQ&#8217;s listing requirements.
The company said it will focus on advancing stenoparib, a novel dual PARP and Tankyrase inhibitor.
Recently, Allarity Therapeutics announced the early discontinuation of its Phase 2 clinical trial of stenoparib for advanced&nbsp;<a target="_blank" href="https://www.benzinga.com/general/biotech/24/05/38591401/why-is-nano-cap-allarity-therapeutics-stock-trading-up-on-thursday" rel="noreferrer noopener">recurrent ovarian cancer</a>.&nbsp;
The trial, evaluating stenoparib given twice daily, showed clear clinical benefits, including tumor shrinkage and long-term disease stability, in heavily pretreated ovarian cancer patients.&nbsp;
Allarity Therapeutics announced the company has a financial runway extending into 2026 at its current burn rate with a cash balance of $20 million.
The company also plans to pause its ATM offering program for the foreseeable future.
ALLR Price Action: Allarity stock is down 8.33% at 15 cents at last check Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39885749/nano-cap-mira-pharmaceuticals-oral-ketamine-analog-shows-potential-in-neuropsychiatric-disorders" target="_blank" rel="noreferrer noopener">Nano-Cap MIRA Pharmaceuticals&#8217; Oral Ketamine Analog Shows Potential In Neuropsychiatric Disorders</a>.</li>
</ul>

Biotech

Government

Penny Stocks

Health Care

Legal

ALLR

Allarity Therapeutics Hit By SEC Notice Related Disclosures Of Once Lead Cancer Program

Evercore ISI Group analyst James West maintains Schlumberger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) with a Outperform and raises the price target from $73 to $74.

Evercore ISI Group Maintains Outperform on Schlumberger, Raises Price Target to $74

Evercore ISI Group analyst James West maintains Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) with a Outperform and lowers the price target from $52 to $48.

Evercore ISI Group Maintains Outperform on Halliburton, Lowers Price Target to $48

Citigroup analyst Joao Pedro Soares maintains Despegar.com (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DESP#NYSE">DESP</a>) with a Neutral and raises the price target from $14.5 to $15.

DESP

Citigroup Maintains Neutral on Despegar.com, Raises Price Target to $15

In the wake of President Joe Biden&#8217;s decision to withdraw from the <a href="https://www.benzinga.com/news/24/07/39874154/bidens-exit-from-presidential-race-sparks-massive-reactions-from-first-lady-gavin-newsom-marjorie-ta">race for the presidency</a>, a Kamala Harris-themed meme coin, Kamala Horris (CRYPTO: KAMA), has hit a new all-time high.
What Happened: KAMA peaked at a high of over $30 million after Biden&#8217;s announcement, a more than 1,500% return since the start of the month. The meme coin is currently trading around a valuation of $16 million, ahead of the Biden-themed Jeo Boden (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BODEN</a>) at $6 million. BODEN has lost over 99% of its value from the peak.
Politics-themed tokens oscillate in value according to news of the candidates they represent. Notably, BODEN peaked in March after Joe Biden delivered a <a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37568099/how-bidens-state-of-the-union-affects-2024-white-house-odds">State of the Union address</a>, which was well received.
The shift in value from BODEN to KAMA indicates the market&#8217;s response to Biden&#8217;s withdrawal and the subsequent endorsement of Harris.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure>
Also Read: <a href="https://www.benzinga.com/news/24/07/39875041/gavin-newsom-backs-kamala-harris-calls-vp-tough-fearless-and-tenacious-the-ideal-candidate-to-counte">Gavin Newsom Backs Kamala Harris, Calls VP Tough, Fearless And Tenacious: &#8216;The Ideal Candidate To Counter Donald Trump&#8217;</a>
Why It Matters: Political meme coins have seen a surge in activity, with traders creating new tokens in response to the changing political landscape. 
Even before Kamala Harris officially announced to run for the presidency, crypto traders had predicted upside for the KAMA meme coin.
One trader forecasted that "Kamala becomes the candidate this sends hard, worth a gamble."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">There is just no way they let Biden be the candidate for the election. Kamala seems like the obvious replacement<a href="https://twitter.com/search?q=%24KAMA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$KAMA</a> on SOL is a clear buy at $8M MC, <a href="https://twitter.com/search?q=%24BODEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BODEN</a> hit $650M 3 months back IF Kamala becomes the candidate this sends hard, worth a gamble! <a href="https://t.co/UI0D4JLXLm">https://t.co/UI0D4JLXLm</a> <a href="https://t.co/4i9SzQDm53">pic.twitter.com/4i9SzQDm53</a>
&mdash; Crypto Hype (@CryptoHypeReal) <a href="https://twitter.com/CryptoHypeReal/status/1812115130143953348?ref_src=twsrc%5Etfw">July 13, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Venture Coinist Luke Martin <a href="https://x.com/VentureCoinist/status/1808504187627483245">added</a> on July 3 that KAMA still needed a 100% gain to overtake BODEN, saying, "This is either the dumbest trade or the easiest 2x in crypto. Or both."
What&#8217;s Next: The influence of meme coins and <a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a> is expected to be thoroughly explored at Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a> event on Nov. 19.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39874401/betting-markets-favor-kamala-harris-as-top-democratic-presidential-contender">Betting Markets Favor Kamala Harris As Top Democratic Presidential Contender</a></li>
</ul>
Image: Shutterstock

$BODEN

Kamala Harris-Inspired KAMA Meme Coin Explodes 1,500% In 3 Weeks, Flips Biden-Themed BODEN Coin

Evercore ISI Group analyst Chris McNally maintains Autoliv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALV#NYSE">ALV</a>) with a Outperform and lowers the price target from $150 to $140.

Evercore ISI Group Maintains Outperform on Autoliv, Lowers Price Target to $140

TD Cowen analyst John Kernan maintains Skechers USA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKX#NYSE">SKX</a>) with a Buy and raises the price target from $77 to $79.

TD Cowen Maintains Buy on Skechers USA, Raises Price Target to $79

Citigroup analyst Jon Tower maintains Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) with a Neutral and lowers the price target from $85 to $80.

SBUX

Citigroup Maintains Neutral on Starbucks, Lowers Price Target to $80

Baird analyst Mircea Dobre maintains Terex (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEX#NYSE">TEX</a>) with a Neutral and raises the price target from $58 to $67.

Baird Maintains Neutral on Terex, Raises Price Target to $67

TD Cowen analyst Marc Bianchi maintains Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) with a Buy and lowers the price target from $47 to $45.

TD Cowen Maintains Buy on Halliburton, Lowers Price Target to $45

Fairfax Financial Holdings (FRFHF) Q4 2023 Earnings Call Transcript

Fairfax Financial (Prem Watsa) 2023 Letter To Shareholders

East 72 Dynasty Trust Q1 2024 Quarterly Report

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East 72 Dynasty Trust - Fairfax Financial Holdings: BIAL And Its Massive Built-In Growth

Fairfax Financial Holdings Limited (FRFHF) Q1 2024 Earnings Call Transcript

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Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q1 2024 Update

Fairfax Financial Holdings Limited PFD SHS 5YR SR M declares CAD 0.3127 dividend

Alphyn Capital Management Q2 2024 Letter To Investors

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Fairfax Finl Hldgs

Fairfax Financial Holdings Limited&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/FFHPF#OTC">FFHPF</a>) was founded in 1985 by Prem Watsa, who remains the chairman and CEO.

Fairfax is a financial holding company with the objective to build long-term shareholder value by achieving a high rate of compound growth in book value per share <a href="https://www.benzinga.com/trading-ideas/long-ideas/22/01/18344238/how-to-invest-like-warren-buffett-3-simple-rules-1">over the long term</a>. Fairfax offers reinsurance and property and casualty insurance in Canada, the U.S.&nbsp;and other international markets.

Watsa is an Indian-Canadian billionaire and has seen Fairfax&#39;s&nbsp;total portfolio value increase to over $3.8 billion in the third quarter, reported Stock Circle.

Watsa is referred to as the &ldquo;Canadian Warren Buffett&rdquo; and has mirrored his idol&rsquo;s business model, which aided him in becoming a successful investor.

Here are three dividend stocks Watsa continues to hold in 2022.

See Also:&nbsp;<a href="https://www.benzinga.com/markets/asia/22/11/29736785/after-a-tumultuous-q3-warren-buffett-holds-onto-2-high-yielding-defensive-stocks">After A Tumultuous Q3, Warren Buffett Holds Onto 2 High-Yielding Defensive Stocks</a>

Kennedy-Wilson Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KW#NYSE">KW</a>) offers&nbsp;a dividend yield of 5.80% or 96 cents per share annually, making quarterly payments&nbsp;with a notable track record of increasing its dividends for 10&nbsp;consecutive years.

Kennedy-Wilson Holdings is a global <a href="https://www.benzinga.com/money/real-estate-investment-companies/">real estate investment</a> company that owns, operates&nbsp;and invests in real estate focused on multifamily and commercial properties located in the western U.S., U.K., Ireland, Spain, Italy&nbsp;and Japan.

During the third quarter, Fairfax maintained its stake in Kennedy-Wilson at over 13.3 million shares, accounting for 5.3% of the total portfolio, its fourth largest position.

Atlas Corp&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATCO#NYSE">ATCO</a>) offers a dividend yield of 3.26% or 50 cents per share annually, through quarterly payments&nbsp;with an inconsistent track record of increasing its dividend payments.

Atlas is a global asset manager that owns and operates the businesses in which it invests while focusing on deploying capital across multiple verticals to create sustainable value and quality growth opportunities for its shareholders. The company has two operating segments: containership leasing and mobile power generation.

Over the course of the third quarter, Fairfax maintained its stake in its largest holding Atlas, which accounted&nbsp;for 45% of the portfolio or more than&nbsp;125 million shares.

Delek US Holdings Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DK#NYSE">DK</a>) offers a dividend yield of 2.63% or 84 cents per share annually, using quarterly payments&nbsp;with an inconsistent track record of increasing its dividends.

Delek US Holdings owns and operates independent refineries that produce a variety of petroleum products for transportation and industrial markets in the U.S.

In the first quarter of 2022, Fairfax opened a new stake in Delek US Holdings worth 32,000 shares, which <a href="https://www.benzinga.com/pressreleases/22/11/n29590380/delek-us-holdings-reports-third-quarter-2022-results">has remained unchanged since.</a>

Photo: செல்வா at Tamil Wikipedia&nbsp;via <a href="https://creativecommons.org/licenses/by/3.0">Wikimedia Commons</a>

'Canadian Warren Buffett' Owns These Dividend Stocks: How To Invest Like The Billionaire

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Thursday, December 01, 2022