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Levi & Korsinsky Reminds Everus Construction Group, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 3, 2025 - ECG
Prnewswire· 2025-05-13 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Everus Construction Group, Inc. for alleged securities fraud affecting investors between October 31, 2024, and February 11, 2025 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that the defendants made false statements and concealed information regarding the Company's backlog conversion cycle, which had become elongated due to larger and more complex projects [2]. - As a result of the elongated backlog conversion cycle, the Company's revenue recognition would be delayed, leading to materially misleading positive statements about the Company's business and prospects [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 3, 2025, to request to be appointed 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, LLP 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].
Amplify Energy (AMPY) Misses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-12 22:41
Amplify Energy (AMPY) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.09%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.25 per share when it actually produced earnings of $0.13, delivering a surprise of -48%.Over the last four quarters, the com ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of June 3, 2025 in Everus Construction Lawsuit – ECG
GlobeNewswire News Room· 2025-05-12 17:11
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Everus Construction Group, Inc. (NYSE: ECG). Shareholders who purchased shares of ECG 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/everus-construction-group-inc-loss-submission-form/?id=147744&from=3 CL ...
Vinci SA (VCISY) Is Up 3.46% in One Week: What You Should Know
ZACKS· 2025-05-12 17:05
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Here's Why Investors Should Consider Retaining Carlisle Stock Now
ZACKS· 2025-05-12 12:35
Group 1: Company Performance - Carlisle Companies Incorporated (CSL) is experiencing strong momentum in the Construction Materials segment, with a 2% year-over-year revenue increase in Q1 2025, driven by higher sales in the non-residential construction market and acquisitions [1] - The company anticipates mid-single-digit revenue growth for the Construction Materials segment in 2025, supported by strong contractor backlogs and customer demand [2] - CSL's acquisitions, including ThermaFoam, Plasti-Fab, and MTL Holdings, have positively impacted net sales growth by 4.6% in Q1 2025, expanding its product offerings and market presence [3][4] Group 2: Shareholder Returns - In Q1 2025, CSL rewarded shareholders with a dividend payment of $45.2 million, an increase of 8.9% year-over-year, and repurchased shares worth $400 million, up 166.5% year-over-year [5] Group 3: Challenges - The Weatherproofing Technologies segment is facing challenges, with organic revenues declining by 11.7% year-over-year due to lower volumes from a slowdown in the residential construction market and project delays [9] - The company is also dealing with rising raw material and labor costs, which have increased selling and administrative expenses by 16.3% and cost of sales by 1.8% year-over-year in Q1 2025 [10]
Contact The Gross Law Firm by June 3, 2025 Deadline to Join Class Action Against Everus Construction Group, Inc.(ECG)
Prnewswire· 2025-05-12 09:45
NEW YORK, May 12, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Everus Construction Group, Inc. (NYSE: ECG).Shareholders who purchased shares of ECG 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/everus-construction-group-inc-loss-submission-form/?id=147720&from=4CLASS PERI ...
代建双周报 | 《代建企业综合能力评价标准》审查通过,二线代建招标数量占比达到55%(2025.4.26-5.9)
克而瑞地产研究· 2025-05-12 09:05
本期关注 企业 《代建企业综合能力评价标准》审查通过 新城建管成功签约天津和平商业项目 招商建管签约深圳大学城、昆山开发区代建项目 过区域深耕、依托集团品牌势能,新城建管已成功签约近10个代建项目,其中"品悦系"四代宅产品代表作品悦万澜成为华北区域轻资产开发的标杆典范。 山开发区南浜路北侧、洞庭湖路西侧地块项目。 省级重点支持。双方将共同开发伴山雅著项目,该项目毗邻750亩仙姑岭生态公园,周边配置师大双语附中、湘雅医院及商业综合体。 江新区龙兴组团C分区C50-1-1地块提供建造管理服务;携手成都万华投资集团,为重庆麓悦江城项目提供品质住宅装修服务。 方米,总建面15.3万平方米,项目位处南京市江北新区核心地段。此次项目中标标志着中建东孚在南京轻资产代建管理再上新台阶。 绿城中国披露1-4月代建项目销售233亿元 项目 而今管理杭州萧山玺茂新华悦府安置房代建项目投入使用 旭辉建管代建项目浐灞旭辉·国宸府交付 行业动态 ,认为其体系完整、内容科学,兼具实用性和可操作性,在国内首次系统化编制代建企业综合能力评价标准,达到领先水平,一致同意通过审查。此次《标准》的通 1-4月累计代建项目销售面积171万平方米,销售 ...
KH Group: Indoor continues profitability improvement measures – the company will start change negotiations
Globenewswire· 2025-05-12 09:00
Group 1 - Indoor Group will initiate change negotiations to improve profitability, covering 84 employees in support functions [1][2] - The goal of the negotiations is to achieve a profitability improvement of approximately EUR 2 million as part of a broader operating model reform aimed at an annual operating profit increase of at least EUR 10 million by the end of 2026 [2] - Indoor Group reported an operating loss of EUR 2.5 million in the first quarter, making these profitability improvement measures necessary [3] Group 2 - KH Group operates in various business areas, including construction equipment, rescue vehicles, and furniture retail, with a strategy to create an industrial group around KH-Koneet [3] - KH Group's shares are listed on Nasdaq Helsinki, indicating its presence in the public market [3]
今年三亚将推出1453套安居房 计划开工建设762套
Hai Nan Ri Bao· 2025-05-10 00:38
Core Insights - Sanya is expected to launch 1,453 affordable housing units in 2025, with plans to start construction on an additional 762 units [1][2] Group 1: Housing Supply - The existing unsold affordable housing units in Sanya total over 800 [1] - The 1,453 units to be launched in 2025 include projects in various locations with average selling prices ranging from 12,800 to 13,400 CNY per square meter [1] - The planned construction of 762 units will also feature projects with average selling prices of 12,800 to 16,800 CNY per square meter [1] Group 2: Demand and Application Process - The new housing supply is expected to meet the housing demand in Sanya from the end of 2025 to the end of 2026, with future construction to follow a "demand-based" principle [2] - The application process for affordable housing has been streamlined to an online system, requiring specific documentation from applicants [2]
广州锚定“中国建造”新高地
Guang Zhou Ri Bao· 2025-05-09 21:19
Core Viewpoint - Guangzhou aims to establish itself as a leader in smart construction and industrialized building by 2030, targeting a 500 billion yuan industry cluster through strategic planning and innovative technologies [1][2]. Group 1: Strategic Planning - Guangzhou has included "smart construction and industrialized building" as one of its four key industries, integrating it into 15 strategic industrial clusters with a goal of forming a 500 billion yuan industry cluster by 2030 [1][2]. - The city has issued the "Five-Year Action Plan for Accelerating New-Type Building Industrialization (2024-2028)" with 26 key tasks focusing on policy optimization, product innovation, and talent support [2]. Group 2: Technological Advancements - Guangzhou is leveraging its rich application scenarios in urban village renovations and affordable housing to create a project reserve list for industrialized construction, aiming to become a hub for smart construction technologies [3]. - The Guangzhou Global Trade Plaza project utilizes advanced technologies such as cloud construction factories and intelligent construction robots, improving construction efficiency by 30% and reducing overall project duration by approximately 10% [3]. Group 3: Industry Collaboration - The city promotes the establishment of a smart construction industry alliance to enhance collaboration among upstream and downstream enterprises, exemplified by a partnership between Guangzhou Construction Group and Baowu Group to create a smart steel structure processing industrial park [4]. - Guangzhou is developing smart construction industrial parks to foster industry clustering, with plans for the "Bay Area Smart Construction Industrial Park" expected to generate an annual output value of 5 billion yuan upon completion [4]. Group 4: Global Expansion - Guangzhou is actively engaging in international markets, having established six overseas technology transfer centers and participating in projects like the expansion of Thailand's Laem Chabang Port, showcasing the application of smart construction in port engineering [5]. - The city has formed the "Guangdong-Hong Kong-Macao Smart Construction Industry Development Alliance" to enhance collaboration within the Greater Bay Area and expand its market reach [4][5]. Group 5: Standardization and Quality Assurance - Guangzhou has developed technical standards for industrialized construction covering cost, design, and construction processes, ensuring quality and accelerating industry growth [6]. - The city has released local standards for industrialized building construction and a technology checklist to guide enterprises in enhancing their technological capabilities [6].