Spire Global, Inc. SPIR agreed to sell its maritime business to Kpler for roughly $241 million.The deal includes a $233.5 million purchase price and $7.5 million allocated for services over the next twelve months post-closing. This valuation reflects roughly 5.8 times the revenue generated by the maritime business over the past year.Peter Platzer, Spire CEO said, "We are now even better equipped with the resources, technology and experience to serve governments and commercial clients to fulfill their missio ...

A powerful earnings report from Rocket Lab propelled space stocks higher on Wednesday. The tiny rocket company reported better than 50% sales growth in its third quarter of 2024, and promised to basically double that growth rate in Q4.Is it any wonder space investors are excited?As of 12:45 p.m. ET, shares of Spire Global (SPIR 16.37%) are up 22%, while AST SpaceMobile (ASTS 19.04%) stock is gaining 22.1%, with Planet Labs (PL 14.45%) bringing up the rear with "only" a 14.5% gain.Planet Labs and AST SpaceMo ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Spire (SR) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 20. On t ...

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LOS ANGELES, Oct. 18, 2024 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Spire Global, Inc. ("Spire" or "the Company") (NYSE: SPIR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of SPIR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead pla ...

NEW YORK, Oct. 14, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Spire Global, Inc. (NYSE: SPIR). Shareholders who purchased shares of SPIR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/spire-global-inc-loss-submission-form/?id=107878&from=4 CLASS PERIOD: March 6, 2024 t ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Spire To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Spire between March 6, 2024 and August 14, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212- 983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Oct. 11, 2024 (GLOBE NEWSWIR ...

SAN DIEGO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Spire Global, Inc. (NYSE: SPIR) securities between March 6, 2024 and August 14, 2024. Spire Global is a provider of satellite data, analytics, and services. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations ...

Core Viewpoint - A class action securities lawsuit has been filed against Spire Global, Inc. for alleged securities fraud affecting investors between March 6, 2024, and August 14, 2024 [1][2]. Group 1: Lawsuit Details - The complaint alleges that Spire Global made false statements and concealed information regarding embedded leases of identifiable assets and pre-space mission activities for certain Space Services contracts [2]. - It is claimed that Spire Global lacked effective internal controls over revenue recognition for these contracts, leading to an overstatement of revenue [2]. - The lawsuit asserts that the positive statements made by the defendants about the Company's business and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 21, 2024, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Insights - The focus is on identifying dividend stocks with sustainable payout ratios and a history of growing dividends above inflation rates [1] - The investment strategy emphasizes value-oriented investing, inspired by Graham and Buffett, with a methodical approach to stock evaluation [1] Investment Strategy - The company maintains a watch list of evolving stocks to determine strong entry points for capturing appreciation and dividend yield [1] - Historical successful investments include Target, purchased at $51 per share in 2017, now at $130 with a 3.3% yield, and Emerson Electric, bought at $31 during the 2008-2010 recession, currently at $96 [1] Professional Background - The individual has an MBA from Columbia University and extensive experience in the finance industry, including roles as a registered investment advisor and commercial real estate lender [1] - The individual holds a certified general real estate appraiser license, indicating a focus on REITs, their dividends, and associated risks [1]