Albany International(AIN)
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Albany International Corp. Announces Corporate Headquarters Relocation to Portsmouth, New Hampshire
Businesswire· 2025-10-16 14:00
Core Insights - Albany International Corp. is relocating its corporate headquarters from Rochester, New Hampshire to Portsmouth, New Hampshire, marking a significant milestone for the company [1] Company Overview - Albany International Corp. is recognized as a global leader in advanced materials science, focusing on innovative processing and automation capabilities [1] - The company designs, produces, and delivers products and services primarily for the paper and aerospace industries [1]
Albany International Corp Is A 'Show Me' Story (NYSE:AIN)
Seeking Alpha· 2025-10-10 15:25
Group 1 - Crude Value Insights provides an investment service and community focused on the oil and natural gas sectors, emphasizing cash flow and companies that generate it [1] - The service offers subscribers access to a model account with over 50 stocks, detailed cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [1] Group 2 - A two-week free trial is available for new subscribers, promoting engagement with the oil and gas market [2]
Albany International Issues 2024 Climate Report
Businesswire· 2025-10-07 20:20
Core Insights - Albany International Corp. released its 2024 Climate Report, emphasizing sustainability, innovation, and climate-related disclosures [1][2] - The report reflects the company's commitment to integrating climate considerations into its business strategy, focusing on product-level emissions to drive innovation and accountability [2] Sustainability Commitment - The company aims to understand the full lifecycle impact of its products, which is essential for driving meaningful change and uncovering new opportunities for smarter design and emission reductions [2] - Albany International is dedicated to transparency and open communication, inviting feedback and collaboration to enhance sustainability practices [2] Company Overview - Albany International is a leading developer and manufacturer of engineered components, operating 30 facilities in 13 countries and employing approximately 5,400 people worldwide [4][5] - The company is listed on the New York Stock Exchange under the symbol AIN [5] Business Segments - The Machine Clothing segment is the world's leading producer of custom-designed fabric and high-speed process belts for various industrial applications [6] - Albany Engineered Composites specializes in innovative composite technology solutions for aerospace and defense applications, providing advanced composite structures and assembly solutions [6]
ALBANY INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Albany International Corporation on Behalf of Albany Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-25 21:06
Core Insights - Bragar Eagel & Squire, P.C. is investigating potential claims against Albany International Corporation for possible violations of federal securities laws and unlawful business practices [1][2]. Financial Performance - Albany reported non-GAAP earnings per share of $0.57 for Q2 2025, missing consensus estimates by $0.16 [2]. - Following the earnings report, Albany's stock price dropped by $16.77, or 23.63%, closing at $54.19 on July 31, 2025 [2]. Legal Actions - Investors who suffered losses from purchasing Albany shares are encouraged to contact Bragar Eagel & Squire for discussions regarding their legal rights [1][3]. - The law firm offers no-cost consultations for affected investors [3]. Firm Background - Bragar Eagel & Squire, P.C. is a nationally recognized law firm with expertise in representing individual and institutional investors in complex litigation [4].
AIN Alert: Kirby McInerney LLP Encourages Albany International Corporation Investors to Inquire about Investigation
Globenewswire· 2025-09-09 15:43
Core Insights - Albany International Corporation is under investigation for potential violations of federal securities laws or unlawful business practices [1][3] - The company reported non-GAAP earnings per share of $0.57 for Q2 2025, missing consensus estimates by $0.16, which led to a significant decline in share price [3] Financial Performance - Albany's Q2 2025 financial results were described as lagging expectations due to "certain timing and operational issues" [3] - Following the earnings report, Albany's share price dropped by $16.77, approximately 23.63%, from $70.96 to $54.19 [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Albany International Corp. – AIN
GlobeNewswire News Room· 2025-08-25 16:16
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Albany International Corp and its officers or directors [1] Financial Performance - Albany International Corp reported non-GAAP earnings per share of $0.57 for Q2 2025, which was $0.16 below consensus estimates [3] - The company's President and CEO acknowledged that the financial results "lagged our expectations" due to "certain timing and operational issues" [3] - Following the earnings report, Albany's stock price dropped by $16.77, or 23.63%, closing at $54.19 per share on July 31, 2025 [3]
Gabelli Funds to Host 31st Annual Aerospace & Defense Symposium at The Harvard Club, New York City, Thursday, September 4, 2025
Globenewswire· 2025-08-25 12:00
Core Insights - Gabelli Funds, LLC is hosting the annual Aerospace & Defense Symposium on September 4, 2025, at The Harvard Club in New York City, focusing on strong demand outlook and high barriers to entry in the Aerospace and Defense industry [1] - The symposium will feature top executives from over ten companies, discussing themes such as defense spending, aftermarket opportunities, and M&A potential [1] Agenda Highlights - The event will start at 7:30 AM with a welcome and introduction by the Gabelli Funds Team [2] - Notable companies participating include Astronics Corporation, Textron Inc., Moog Inc., HEICO Corporation, and Elbit Systems Ltd., among others, with scheduled presentations throughout the day [2][3] - The agenda includes one-on-one meetings with management, providing attendees with networking opportunities [1]
AIN Investors Have Opportunity to Join Albany International Corp. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-08-14 13:26
Core Viewpoint - The Schall Law Firm is investigating Albany International Corp. for potential violations of securities laws related to misleading statements and undisclosed information affecting investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Albany issued false or misleading statements and failed to disclose relevant information to investors [2]. - Albany reported Q2 2025 financial results on July 30, 2025, showing non-GAAP earnings per share that significantly missed consensus estimates [2]. - The President and CEO of Albany acknowledged that earnings "lagged our expectations," attributing this to "certain timing and operational issues" [2]. Group 2: Market Reaction - Following the disappointing earnings report, shares of Albany fell by more than 23.6% the next day [2].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Albany International Corp. - AIN
GlobeNewswire News Room· 2025-08-13 14:57
Core Viewpoint - Albany International Corp. is under investigation for potential securities fraud and unlawful business practices following disappointing financial results for Q2 2025, which led to a significant drop in stock price [1][3]. Financial Performance - Albany reported non-GAAP earnings per share of $0.57 for Q2 2025, missing consensus estimates by $0.16 [3]. - The company's President and CEO acknowledged that the financial results "lagged our expectations" due to "certain timing and operational issues" [3]. - Following the earnings announcement, Albany's stock price fell by $16.77 per share, or 23.63%, closing at $54.19 on July 31, 2025 [3]. Legal Investigation - Pomerantz LLP is investigating claims on behalf of Albany investors regarding possible securities fraud or other unlawful business practices by the company and its officers/directors [1].
Kirby McInerney LLP Announces Investigation Against Albany International Corporation on Behalf of Investors
GlobeNewswire News Room· 2025-08-12 21:15
Core Viewpoint - Albany International Corporation is under investigation for potential violations of federal securities laws and unlawful business practices, following disappointing financial results that led to a significant drop in share price [1][3]. Financial Performance - On July 30, 2025, Albany reported non-GAAP earnings per share of $0.57, which was $0.16 below consensus estimates [3]. - The company's President and CEO acknowledged that the financial results "lagged our expectations" due to "certain timing and operational issues" [3]. - Following the earnings announcement, Albany's share price fell by $16.77, or approximately 23.63%, from $70.96 to $54.19 [3]. Legal Investigation - Kirby McInerney LLP is investigating potential claims against Albany and its officers regarding possible violations of federal securities laws [1]. - The law firm is reaching out to individuals who purchased Albany securities or have relevant information to discuss their rights [4]. Law Firm Background - Kirby McInerney LLP specializes in securities, antitrust, whistleblower, and consumer litigation, with a history of achieving recoveries totaling billions of dollars for shareholders [6].