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CRWV ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Coreweave, Inc. Investors
Businesswire· 2026-01-14 01:00
Core Points - A class action lawsuit has been filed against Coreweave, Inc. for alleged misstatements regarding its ability to meet customer demand and the risks associated with reliance on a single third-party data center supplier [2][6] - Investors who suffered losses during the class period from March 28, 2025, to December 15, 2025, can request lead plaintiff appointment until March 13, 2026 [1][6] Financial Impact - On October 30, 2025, Coreweave's shares fell by approximately 5.5%, from $133.71 to $126.32, following the announcement of the termination of its merger agreement with Core Scientific due to insufficient shareholder votes [3] - Following a press release on November 10, 2025, regarding lowered guidance due to delays from a third-party data center, Coreweave's shares dropped by about 16.3%, from $105.61 to $88.39 [4] - An article published on December 15, 2025, highlighted further delays in the completion of a significant data center project, leading to a decline of approximately 7.9% in share price, from $78.59 to $72.35 [5] Company Statements - Coreweave maintains that its strategy remains unchanged despite the challenges faced, emphasizing a commitment to long-term shareholder value through strategic mergers and acquisitions [3] - Co-founder Michael Intrator initially stated that the quarter's performance was as planned, except for delays at a singular data center, later clarifying the issue pertained to a singular data center provider [4]
Navan, Inc. INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (NAVN)
Businesswire· 2026-01-13 23:00
Group 1 - The law firm Kirby McInerney LLP is investigating potential claims against Navan, Inc. regarding possible violations of federal securities laws or unlawful business practices by the Company or its senior management [1] - Navan conducted its initial public offering on October 30, 2025, selling approximately 36.9 million shares at $25.00 per share [2] - In its third quarter fiscal 2026 financial results released on December 15, 2025, Navan reported a GAAP loss from operations of $79 million, compared to a loss of $19 million in the same period the previous year, indicating a significant decline in operational performance [2] - The GAAP operating margin for Navan was reported at (41%), a decrease from (13%) in the same period last year, highlighting worsening profitability [2] - Following the announcement of the CFO's immediate resignation and the associated financial benefits, Navan's share price fell by $1.74, or approximately 11.9%, closing at $12.90 on December 16, 2025 [2]
VENU Investigation: Investors Encouraged to Contact Kirby McInerney LLP
Globenewswire· 2026-01-13 01:00
Core Viewpoint - Venu Holding Corporation is under investigation for potential violations of federal securities laws or unlawful business practices by its senior management [1]. Group 1: Company Overview - Venu conducted its initial public offering on November 27, 2024, offering 1.2 million shares at a price of $10.00 per share [3]. - The company reported third-quarter financial results on November 14, 2025, with revenue of $5.38 million, which is a 1.3% decline year-over-year and fell short of consensus estimates by $2.05 million [3]. Group 2: Market Reaction - Following the financial results announcement, Venu's share price dropped by $2.37, approximately 21.45%, from $11.05 on November 14, 2025, to close at $8.68 on November 17, 2025 [3].
KLAR DEADLINE ALERT: Klarna Group plc Investors Urged to Contact Kirby McInerney LLP About Class Action Lawsuit
Globenewswire· 2026-01-12 23:00
Core Viewpoint - The article discusses a pending federal securities class action against Klarna Group plc, highlighting the deadline for investors to seek the role of lead plaintiff and the allegations regarding misleading statements in the company's IPO registration statement [1][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Klarna securities between September 7, 2025, and December 22, 2025, alleging that the IPO registration statement contained false or misleading statements [4]. - It is claimed that Klarna materially understated the risk of increased loss reserves shortly after its IPO, which was known or should have been known given the risk profile of its customers [4]. Group 2: IPO and Financial Performance - Klarna launched its IPO in September 2025, selling 34,311,274 shares at a price of $40.00 per share [5]. - Following the announcement of disappointing Q3 2025 financial results on November 18, 2025, which included a significant increase in credit loss provisions, Klarna's share price fell by $3.25, or approximately 9.3%, from $34.88 to $31.63 [5].
Kirby Corporation (NYSE: KEX) Receives New Price Target from Wolfe Research
Financial Modeling Prep· 2026-01-09 03:04
Company Overview - Kirby Corporation (NYSE:KEX) is a significant entity in the marine transportation and diesel engine services sector, operating a fleet of inland tank barges and towing vessels for bulk liquid product transportation [1] - The company also provides diesel engine services to marine, power generation, and industrial markets, competing with firms like Ingram Barge Company and American Commercial Barge Line [1] Stock Performance and Analyst Ratings - On January 8, 2026, Wolfe Research set a new price target of $134 for KEX, indicating a potential increase of 6.36% from its trading price of $125.99 [2] - The stock has a "Moderate Buy" consensus from seven analysts, with five buy ratings and two hold ratings [2] - The average 12-month price target from analysts is $124.00, slightly below the current trading price [3] - Bank of America lowered its price objective for Kirby from $110.00 to $107.00 but maintained a "buy" rating, while Wall Street Zen upgraded the stock from "hold" to "buy" [3] Price Target Adjustments - Evercore ISI increased their price target for Kirby from $109.00 to $122.00, assigning an "outperform" rating [4] - Weiss Ratings reiterated a "hold (c+)" rating on the company's shares [4] Market Capitalization and Trading Data - Kirby's market capitalization is approximately $7.12 billion, with a trading volume of 738,717 shares [5] - The stock's highest price over the past year is $126.06, while the lowest was $79.52, indicating resilience and growth potential in the competitive industry [5][6]
ARE INVESTORS: Contact Kirby McInerney LLP About Securities Class Action Lawsuit On Behalf of Alexandria Real Estate Equities, Inc.
Globenewswire· 2026-01-06 23:00
Core Viewpoint - Alexandria Real Estate Equities, Inc. is facing a class action lawsuit due to allegations of misleading information regarding its leasing spreads, development pipeline, and occupancy growth, particularly concerning its Long Island City property [2]. Group 1: Lawsuit Details - The lawsuit claims that Alexandria lacked reliable information about its leasing spreads and development tenant pipeline, which misrepresented the company's growth potential in the life-science sector [2]. - It is argued that the value and growth potential of Alexandria's Long Island City property had been declining for years, contradicting the company's optimistic reports [2]. Group 2: Financial Performance - On October 27, 2025, Alexandria reported Q3 2025 financial results that did not meet analyst expectations, showing a decline in revenues and a 7% drop in adjusted funds from operations [3]. - The financial report indicated lower occupancy rates, slower leasing activity, and a significant real estate impairment charge of $323.9 million, with $206 million attributed to the Long Island City property [3]. - Following the financial results announcement, Alexandria's share price fell by $14.93, approximately 19.17%, from $77.87 to $62.94 per share [3].
FRMI ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Fermi Inc. Investors
Businesswire· 2026-01-06 23:00
Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. alleging that the company overstated tenant demand and relied heavily on a single tenant's funding for its Project Matador campus, which poses significant risks to its financing commitments [1][2]. Group 1: Lawsuit Details - The lawsuit covers investors who acquired Fermi securities from September 28, 2025, to December 11, 2025, and claims that the company misrepresented key aspects of its Project Matador [1]. - Allegations include overstating tenant demand, reliance on a single tenant's funding commitment, and the risk of that tenant terminating its funding [1]. - The lawsuit allows investors who suffered losses to request lead plaintiff appointment by March 6, 2026 [1]. Group 2: Stock Performance - Fermi began trading on NASDAQ at $21.00 per share on October 1, 2025 [2]. - Following the announcement of the termination of a $150 million funding agreement by the first tenant for Project Matador, Fermi's share price dropped by $5.16, or approximately 33.8%, closing at $10.09 on December 12, 2025 [2]. Group 3: Lead Plaintiff Process - The lead plaintiff appointment process allows any investor who acquired eligible securities during the class period to seek appointment, with courts typically favoring those with the largest financial loss [3]. - Lead plaintiffs can influence case strategy, settlement decisions, and allocation of settlement funds among class members [3].
Kirby Corporation Announces Date For 2025 Fourth Quarter Earnings Release and Earnings Webcast
Globenewswire· 2025-12-30 21:05
Core Viewpoint - Kirby Corporation will announce its 2025 fourth quarter results on January 29, 2026, at 6:00 a.m. CST, followed by a conference call at 7:30 a.m. CST [1]. Company Overview - Kirby Corporation is the largest domestic tank barge operator in the U.S., transporting bulk liquid products across the Mississippi River System, Gulf Intracoastal Waterway, and all three U.S. coasts [4]. - The company operates through two segments: marine transportation (KMT) and distribution and services (KDS) [4]. - KMT focuses on transporting petrochemicals, black oil, refined petroleum products, and agricultural chemicals, while KDS provides after-market services and genuine replacement parts for various industrial applications [4]. - Kirby also rents equipment such as generators and construction equipment, and manufactures specialized equipment for oilfield services and other industrial customers [4]. Earnings Call Participation - Listeners can participate in the earnings call by pre-registering, after which they will receive dial-in information and a PIN [2]. - The webcast can be accessed through the Investor Relations section of Kirby's website, with a replay available for one year [2][3]. Financial Information - Financial details to be discussed during the conference call will be available in the fourth quarter press release and a Form 8-K posted on Kirby's website prior to the call [3].
KLAR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Klarna Group plc Investors
Businesswire· 2025-12-23 23:00
Core Viewpoint - A class action lawsuit has been filed against Klarna Group plc, alleging that the company misrepresented risks associated with its loss reserves during its IPO period from September 7, 2025, to December 22, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Klarna's Registration Statement for its September 2025 IPO contained false or misleading statements and failed to disclose the risk of a significant increase in loss reserves shortly after the IPO [2]. - Klarna launched its IPO on September 2025, selling 34,311,274 shares at a price of $40.00 per share [3]. - Following the announcement of disappointing Q3 2025 financial results on November 18, 2025, which included a substantial increase in credit loss provisions, Klarna's share price fell by $3.25, or approximately 9.3%, from $34.88 to $31.63 [3]. Group 2: Lead Plaintiff Process - Investors who acquired Klarna securities during the class period can seek appointment as lead plaintiff in the class action lawsuit, with courts typically favoring those with the largest financial loss [4]. - Lead plaintiffs have the authority to influence case strategy, settlement decisions, and allocation of settlement funds among class members [4]. Group 3: Contact Information - Investors who purchased Klarna securities or have relevant information are encouraged to contact Kirby McInerney LLP for further discussion regarding their rights or interests [5].
ARE DEADLINE ALERT: Alexandria Real Estate Equities, Inc. Investors Urged to Contact Kirby McInerney LLP About Class Action Lawsuit
Businesswire· 2025-12-18 01:00
Core Viewpoint - Alexandria Real Estate Equities, Inc. is facing a federal securities class action lawsuit due to allegations of misleading information regarding its leasing spreads, development pipeline, and occupancy growth, particularly concerning its Long Island City property [3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Alexandria securities between January 27, 2025, and October 27, 2025, alleging that the company lacked reliable information about its life-science properties [3]. - It is claimed that Alexandria's optimistic reports about its development pipeline and occupancy rates were materially misleading, as the value and growth potential of its Long Island City property had been declining for years [3]. Group 2: Financial Performance - On October 27, 2025, Alexandria reported Q3 2025 financial results that did not meet analyst expectations, showing declining revenues and a 7% decrease in adjusted funds from operations [4]. - The financial report included a real estate impairment charge of $323.9 million, with $206 million attributed to the Long Island City property, leading to a significant drop in share price by approximately 19.17% from $77.87 to $62.94 [4].