Kirby(KEX)
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Pubmatic, Inc. INVESTOR ALERT: Kirby McInerney LLP Notifies Pubmatic, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit
Businesswire· 2025-09-25 20:55
Core Viewpoint - PubMatic, Inc. is facing a class action lawsuit due to alleged misleading statements regarding its business operations and financial outlook, particularly related to a significant reduction in ad spend from a top demand-side platform (DSP) partner [3][2]. Financial Performance - On August 11, 2025, PubMatic reported its second quarter 2025 financial results, revealing a decline in ad spend from a key DSP partner, which negatively impacted the company's revenue outlook [2]. - Following the announcement, PubMatic's share price dropped by $2.23, approximately 21.1%, from $10.57 to $8.34 per share [2]. Lawsuit Details - The class action lawsuit is on behalf of investors who purchased PubMatic securities between February 27, 2025, and August 11, 2025 [3]. - The lawsuit claims that the company failed to disclose critical information regarding the shift of clients to a new platform by a top DSP buyer, leading to reduced ad spend and revenue [3]. Legal Representation - Kirby McInerney LLP is the law firm representing the investors in this class action lawsuit, focusing on securities litigation and has a history of achieving significant recoveries for shareholders [4].
Kirby Approves $8 Million Buyback Program: Will it Aid the Bottom Line?
ZACKS· 2025-09-25 20:26
Core Insights - Kirby Corporation's board has authorized a stock repurchase of up to an additional $8 million shares, enhancing shareholder value and signaling confidence in its business strategy [1][8] - The new buyback authorization adds to a previous 5 million share repurchase program, allowing for a total of nearly 8.8 million shares to be repurchased [2][4] - Kirby's consistent share buyback efforts reflect its commitment to rewarding shareholders, with significant repurchases in recent years [4][5] Financial Performance - In 2024, Kirby generated $413.8 million in free cash flow, a substantial increase from $138.5 million in 2023, indicating strong financial health [5][8] - The adjusted EBITDA for Kirby in 2024 was reported at $708.3 million, showcasing operational efficiency [5] Market Position - Kirby's shares have declined by 22.3% year-to-date, contrasting with an 8.3% increase in the Zacks Transportation - Shipping industry [6] - The stock is currently trading at a forward 12-month price-to-sales ratio of 1.30X, which is below the industry average of 2.18X, suggesting an attractive valuation [15][16] Shareholder Initiatives - Kirby's buyback program is part of a broader trend in the transportation sector, with other companies like Werner Enterprises and Union Pacific also engaging in shareholder-friendly actions [10][12] - The upward revision of earnings estimates for Kirby over the past 90 days indicates positive market sentiment [13]
Kirby McInerney LLP Reminds V.F. Corporation Investors of Class Action Filing and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-23 22:05
Group 1 - The core issue revolves around V.F. Corporation's significant decline in growth for its Vans brand, which reported a 20% loss in the fourth quarter of fiscal 2025, worsening from an 8% loss in the previous quarter [3] - The company attributed its disappointing results and below-expectation guidance to deliberate actions aimed at eliminating unprofitable businesses, indicating that even without these actions, Vans would have experienced a high single-digit revenue decline [3] - Following the announcement of these results, VFC's share price dropped by $2.28, approximately 15.8%, from $14.43 on May 20, 2025, to $12.15 on May 21, 2025 [3] Group 2 - A class action lawsuit has been filed on behalf of investors who purchased VFC securities between October 30, 2023, and May 20, 2025, alleging that the company made materially false and misleading statements regarding its turnaround plans for the Vans brand [4] - The lawsuit claims that the company concealed the need for additional significant reset actions to return the Vans brand to growth, which would adversely affect its revenue growth trajectory [4]
Kirby McInerney LLP Reminds Nutex Health Inc. Investors of Class Action Filing and Encourages Investors to Contact the Firm

Businesswire· 2025-09-22 18:34
NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP reminds investors who purchased Nutex Health Inc. ("Nutex†or the "Company†) (NASDAQ:NUTX) securities to contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests in the securities fraud class action lawsuit at no cost. If you suffered a loss on your Nutex investments, you have until October 21, 2025 to request lead plaintiff appointment. Follow the l. ...
Kirby McInerney LLP Reminds Semler Scientific, Inc. Investors of Class Action Filing and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-17 21:36
Core Viewpoint - Semler Scientific, Inc. is facing a securities fraud class action lawsuit due to alleged misleading statements regarding a Department of Justice investigation into the company's reimbursement claims related to the QuantaFlo device [3][5]. Group 1: Company Background and Events - On February 28, 2025, Semler disclosed in its Form 10-K that it received a civil investigative demand from the DOJ in July 2017 concerning its reimbursement claims [3]. - Following unsuccessful settlement discussions with the DOJ in February 2025, Semler's share price fell by approximately 9.39%, from $42.92 to $38.89 [3]. - On April 15, 2025, Semler announced a settlement agreement of $29.75 million to resolve all claims, leading to a further decline in share price by about 9.9%, from $34.40 to $31.00 [4]. Group 2: Lawsuit Details - The class action lawsuit is on behalf of investors who purchased Semler securities from March 10, 2021, to April 15, 2025, alleging that the company made false or misleading statements regarding the DOJ investigation [5]. - The lawsuit claims that the company failed to disclose material information about the investigation, which resulted in investor damages when the truth was revealed [5].
Kirby McInerney LLP Reminds Savara Inc. Investors of Class Action Filing and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-16 18:32
Core Viewpoint - Savara Inc. is facing a securities fraud class action lawsuit following a significant decline in its stock price after the FDA issued a refusal to file letter for its MOLBREEVI BLA therapy [3][4]. Group 1: Company Overview - Savara Inc. (NASDAQ:SVRA) is involved in the development of therapies, specifically the MOLBREEVI BLA intended for treating patients with aPap [3]. - The company experienced a stock price drop of approximately 31.69%, from $2.84 on May 23, 2025, to $1.94 on May 27, 2025, after the FDA's announcement [3]. Group 2: Lawsuit Details - The class action lawsuit is on behalf of investors who purchased Savara securities between March 7, 2024, and May 23, 2025 [4]. - Allegations in the lawsuit include that Savara made false or misleading statements regarding the completeness of the MOLBREEVI BLA submission and the likelihood of FDA approval [4]. - The lawsuit claims that the company failed to disclose the need for additional data related to Chemistry, Manufacturing, and Controls (CMC), which impacted the approval timeline and raised concerns about the need for additional capital [4].
KinderCare Learning Companies, Inc. INVESTOR ALERT: Kirby McInerney LLP Notifies KinderCare Learning Companies, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit

Businesswire· 2025-09-15 19:39
Group 1 - KinderCare Learning Companies, Inc. is facing a federal securities class action, with a deadline of October 14, 2025, for investors to seek the role of lead plaintiff [1] - The company is encouraging investors who purchased or acquired its securities to come forward with information or to learn more about the case [1] - Thomas W. Elrod of Kirby McInerney LLP is the contact person for inquiries related to the class action [1]
Kirby Rewards Shareholders With New Share Repurchase Authorization
ZACKS· 2025-09-10 17:31
Group 1 - Kirby Corporation (KEX) has announced a stock repurchase authorization of up to an additional 8 million shares of common stock, enhancing shareholder value and signaling confidence in its business strategy [1][9] - This new authorization adds to the previously announced 5 million share repurchase program, with approximately 0.8 million shares remaining available for repurchase as of September 5, 2025, bringing the total authorized repurchase to nearly 8.8 million shares [2] - CEO David Grzebinski stated that the additional share repurchase reflects confidence in the company's earnings power and ability to generate strong free cash flow, emphasizing a commitment to long-term capital allocation strategies [3] Group 2 - Kirby has consistently rewarded shareholders through share buybacks, repurchasing 0.4 million shares for $22.9 million in 2022, 1,485,159 shares for $112.8 million in 2023, and 1.6 million shares for $174.6 million in 2024 [4] - Share buybacks are seen as a signal of financial health and management's belief in the stock's intrinsic value, which can boost investor confidence and positively impact the company's bottom line [5] Group 3 - Other companies in the transportation sector, such as Werner Enterprises and Union Pacific Corporation, have also announced shareholder-friendly initiatives in 2025, including new share repurchase programs and dividend hikes [6][8]
Top 3 Industrials Stocks That Are Set To Fly In September
Benzinga· 2025-09-10 11:05
Core Insights - The industrials sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1] - The Relative Strength Index (RSI) is a key indicator for identifying oversold conditions, with a value below 30 indicating potential undervaluation [1] Company Summaries - **Eve Holding Inc (EVEX)**: Recently secured a $230 million registered direct offering. The stock has fallen approximately 38% over the past month, with a 52-week low of $2.61. Current RSI is 29, and shares closed at $3.75, down 0.5% [8] - **Kirby Corp (KEX)**: Expanded share repurchase authorization to 8.8 million shares, reflecting confidence in earnings potential. The stock has decreased around 10% in the last month, with a 52-week low of $83.94. Current RSI is 28, and shares closed at $87.87, down 1.6% [9] - **Core & Main Inc (CNM)**: Reported mixed second-quarter results and narrowed FY25 sales guidance below estimates. The stock has dropped about 23% over the past five days, with a 52-week low of $37.22. Current RSI is 12.3, and shares closed at $49.70, down 25.4% [9]
FUN Alert: Kirby McInerney LLP Encourages Six Flags Entertainment Corporation Investors to Inquire about Investigation
Globenewswire· 2025-09-09 16:04
Core Insights - Six Flags Entertainment Corporation reported a significant financial downturn, transitioning from profit to a $100 million loss in Q2 2025, and lowered its full-year guidance due to adverse weather and decreased season pass sales [3] - Following the announcement, Six Flags' stock price fell by $6.38, approximately 20.78%, from $30.70 on August 5, 2025, to $24.32 on August 6, 2025 [3] - The company's CEO is set to resign at the end of the year, adding to investor concerns [3] Investigation Details - Kirby McInerney LLP is investigating potential violations of federal securities laws or unlawful business practices by Six Flags [1] - Investors who acquired Six Flags securities or have relevant information are encouraged to contact the law firm for further discussion [4]