HOUSTON, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced the appointment of Tracy A. Embree as a new independent member of the Kirby Board of Directors effective February 16, 2026. She will stand for election at the annual meeting of the corporation in April of this year. Ms. Embree is the retired President of Otis Americas, a division of Otis Worldwide Corporation, and brings more than 25 years of global leadership experience across industrial operations, manufactu ...

Core Viewpoint - A class action lawsuit has been filed against NuScale Power Corporation on behalf of investors who acquired its securities during the specified class period from May 13, 2025, to November 6, 2025 [1] Summary by Relevant Sections - **Company Information** - NuScale Power Corporation is identified as a publicly traded company on the NYSE under the ticker symbol SMR [1] - **Legal Action Details** - The lawsuit is aimed at investors who suffered losses on their NuScale investments during the class period [1] - Investors have until April 20, 2026, to request lead plaintiff appointment [1]

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who sold Masonite International Corporation ("Masonite†or the "Company†) (NYSE:DOOR) securities during the period of June 5, 2023 through February 8, 2024, inclusive ("the Class Period†). You have until April 7, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted after this deadline. If you choose to take. ...

Fleet and Operations - Kirby Corporation operates the largest domestic tank barge fleet in the U.S., with 1,105 inland tank barges and a total capacity of 24.5 million barrels[23]. - The inland tank barge fleet's average age is approximately 18 years, with about 600 barges being 30 years or older, indicating potential retirements in the near future[31]. - In 2024, the company reported an inland barge utilization rate in the low 90% range, which was impacted by an increase in delay days compared to 2023[31]. - The company estimates that 66 new tank barges will be placed in service industry-wide in 2025, while 65 will be retired[30]. - Kirby Corporation's coastal tank barge fleet has a capacity of 2.9 million barrels, equivalent to approximately 4,800 railroad tank cars[27]. - The inland tank barge industry has seen a stable number of operating barges, with Kirby's fleet representing about 28% of the total industry[29]. - The company operates shifting and fleeting facilities for dry cargo and tank barges in key locations such as the Houston Ship Channel and Lake Charles, Louisiana[32]. - Kirby Corporation's marine transportation segment is crucial for transporting petrochemicals, black oil, and refined petroleum products across the U.S.[28]. - The Company operates 28 out of approximately 260 coastal tank barges, representing about 11% of the market[34]. - The inland tank barge fleet has grown from 71 barges in 1988 to 1,105 barges as of December 31, 2025, accounting for approximately 28% of the estimated total number of domestic inland tank barges[36]. - During 2025, the inland marine transportation operation moved over 55 million tons of liquid cargo on the United States inland waterway system[40]. - Inland barge utilization averaged in the low 90% range during 2023 and 2024, decreasing to the high 80% range in 2025 due to a lighter feedstock mix[46]. - The Company operates a fleet of 1,105 inland tank barges and an average of 266 inland towboats during the 2025 fourth quarter[50]. - The inland tank barges are equipped with various specialized features, including self-contained heating systems and pressurized tanks, to meet cargo requirements[56]. - Kirby Inland Marine operates the largest commercial tank barge fleeting service in the United States, with operations in numerous key ports[63]. - The Company utilizes a proprietary vessel management computer system for efficient dispatch and tracking of its barge and towboat fleet[62]. - The coastal fleet consists of 28 tank barges with a total capacity of 2.9 million barrels, primarily transporting refined petroleum products, black oil, and petrochemicals[69]. Revenue and Financial Performance - Petrochemical products accounted for 48% of the segment's 2025 revenues, while black oil represented 26%, refined petroleum products 23%, and agricultural chemicals 3%[41][42][43][44]. - Approximately 70% of inland marine transportation revenues were under term contracts in 2025, up from 60% in 2023[59]. - For the distribution and services segment, service and parts revenue reached $1,190,547,000 in 2025, accounting for 83% of total segment revenue[83]. - The commercial and industrial operations represented approximately 46% of the distribution and services segment's revenues in 2025[84]. - The company has a significant presence in the power generation market, which has been separated from other revenue sources due to its growth importance[78]. - No single customer accounted for 10% or more of the company's revenues in 2025, 2024, or 2023, indicating a diversified customer base[75]. - The company maintains a higher mix of term contracts to spot contracts, with 60% of inland marine transportation revenues under term contracts in 2023, increasing to 70% in 2025[74]. - Power generation operations accounted for approximately 43% of the segment's 2025 revenues[94]. - Oil and gas operations represented about 11% of the segment's 2025 revenues[100]. - Sales and service of EMD products accounted for approximately 3% of the Company's revenues for 2025, while Thermo King products comprised about 4%[186]. - Sales and service of MTU, Allison, and Daimler products accounted for approximately 12% of the Company's revenues during 2025[187]. - Five KMT customers accounted for approximately 17% of the Company's 2025 revenue, with contracts expiring between 2026 and 2031[198]. - Recent growth in prime power and data center demand has contributed to increased revenue in the power generation market in the KDS segment[198]. Workforce and Employment - The company has approximately 5,233 employees, primarily located in the United States[21]. - KMT segment employs about 3,054 individuals, including 2,337 vessel crew members, with some operations subject to collective bargaining agreements[137]. - KDS segment has around 2,072 employees, with a small number under collective bargaining agreements[138]. - In 2025, the Company issued approximately 2,017 certificates for training courses, including 582 USCG approved classes[141]. - The Company emphasizes safety through extensive monitoring and training programs, with 90% of employees agreeing on the commitment to employee safety[147]. - The Company has established relationships with educational institutions to attract talent and enhance workforce quality[145]. - The CEO and Chief Human Resources Officer are responsible for succession planning, reviewing qualifications and performance regularly[146]. Regulatory Compliance and Environmental Responsibility - The company maintains compliance with various governmental regulations, including the Clean Water Act and the Clean Air Act[118][127]. - The company has fully complied with the Certificate of Financial Responsibility (COFR) requirement since its inception[126]. - The company completed the installation of an approved ballast water management system on the last barge in its fleet during 2024[125]. - The Company is committed to environmental responsibility, participating in programs aimed at reducing greenhouse gas emissions[132]. - The Company anticipates that new hazardous substance spill contingency regulations will not be more difficult to comply with than existing oil spill plans[129]. - The Company maintains various insurance coverages, including hull, liability, and pollution liability insurance, to mitigate operational risks[131]. Market and Economic Conditions - The company faces competitive labor pressure with approximately 3,054 employees, including 2,337 vessel crew members, and ongoing retirements in the industry[166]. - The aging infrastructure of the United States inland waterway system, with over 50% of locks over 50 years old, may lead to increased costs and operational disruptions[161]. - The company is subject to extensive regulation by the USCG and other federal agencies, incurring significant expenses to comply with applicable laws and regulations[169]. - KMT's business could be adversely affected by changes to the Jones Act, which restricts domestic marine transportation to U.S.-built and manned vessels[167]. - The cost of fuel during 2025 was approximately 8% of marine transportation revenue, with fuel price volatility impacting profitability[175]. - The company estimates that approximately 190 to 220 inland tank barges were transporting crude and natural gas condensate as of the end of 2023, down from 335 in 2019[171]. - For 2023, the company estimates that industry-wide 27 new tank barges were placed in service and 48 were retired, indicating a net decrease in capacity[172]. - The company estimates that approximately 60 to 70 new tank barges have currently been ordered for delivery in 2026, depending on market conditions[172]. - The average construction price for a new 30,000 barrel capacity tank barge in 2009 was approximately 90% higher than in 2000, primarily due to increased steel costs[178]. - The construction price of inland tank barges fell significantly in 2010 due to a decrease in steel prices and the number of tank barges ordered[178]. - Steel prices rose above 2019 levels during 2021 and 2022 due to supply chain disruptions, but decreased in 2023 and remained stable in 2024 and 2025[178]. - The Company did not experience significant shipyard delays associated with the COVID-19 pandemic and expects its shipyard vendors to manage operations effectively in future similar events[179]. - The distribution and services segment could be adversely impacted by future legislation regulating oil and gas extraction, including hydraulic fracturing practices[181]. - Lower energy prices generally lead to decreased demand for oilfield service equipment, negatively impacting KDS's business[182]. - The Company faces risks from public health crises, which could lead to volatility in the global economy and significant disruptions in operations[209]. Risks and Challenges - A deterioration in the Company's credit profile could restrict access to debt capital markets and increase borrowing costs, impacting financial condition and cash flows[203]. - Increased inflation and rising prices for raw materials, labor, and energy could negatively affect the Company's margin performance and financial results[205]. - Supply chain disruptions and material shortages could adversely impact the Company's operations, particularly in manufacturing, leading to operational slowdowns[206]. - New tariffs and trade measures could increase input costs and disrupt the supply chain, adversely affecting the Company's financial performance[207]. - The Company relies on proprietary information and intellectual property, and any successful challenges could materially affect its competitive position[202]. - The Company has not experienced material cybersecurity incidents to date, but future breaches could have significant adverse effects[201]. - The Company may incur additional costs related to evolving ESG regulations and compliance requirements, impacting financial performance[204]. - The Company attempts to mitigate rising costs through contractual clauses but may struggle to pass these costs onto customers[205].

Company Overview - Kirby Corporation is a leading U.S. provider of marine transportation and specialized distribution services, operating one of the largest fleets of tank barges and towboats in the country [4] - The company transports materials such as petrochemicals, agricultural chemicals, various industrial oils, and refined petroleum products [4] - As of February 14, 2026, Kirby's market capitalization is $6.77 billion, with a revenue of $3.36 billion and a net income of $354.57 million for the trailing twelve months (TTM) [3] Recent Performance - Kirby reported strong Q4 FY2025 earnings, exceeding earnings per share (EPS) estimates of $1.62 by posting $1.68, marking the best performance in a quarter [5] - The company has experienced five consecutive years of annual growth and is already up 12.5% in stock value this year as of February 14, 2026 [5] - The stock has seen a 1-year price change of 17.77% [3] Industry Context - Kirby operates in an industry that is essential to the energy and industrial sectors, providing transportation services relied upon by major companies in technology, petroleum, cargo shipping, and automobiles [6] - The company is recognized as America's largest operator of tank barges, which are non-operated shipping vessels typically used in inland waters, particularly the Mississippi River system [8] Recent Transactions - On February 4, 2026, Ronald A. Dragg, Vice President and Controller at Kirby Corporation, sold 5,429 shares in an open-market transaction valued at approximately $662,338 [1] - This sale represented 34.30% of Dragg's direct shareholdings at the time, which is significantly higher than the median of 14.64% for recent trades [7] - The transaction was linked to the exercise of 2,787 stock options, followed by the immediate sale of the shares [7]

Core Viewpoint - Ralliant Corporation is under investigation for potential violations of federal securities laws following a significant financial impairment announcement that led to a sharp decline in its stock price [1][3]. Financial Performance - On February 4, 2026, Ralliant reported a fourth quarter and full year 2025 results, which included a non-cash goodwill impairment charge of $1.4 billion in the Test & Measurement segment, primarily due to revised expectations for the EA Elektro-Automatik business [3]. - Following this announcement, Ralliant's share price fell by $17.89, or approximately 31.8%, from $56.28 to $38.39 on the same day [3]. Legal Investigation - The law firm Kirby McInerney LLP is conducting an investigation on behalf of Ralliant investors to assess possible violations of federal securities laws and other unlawful business practices by the company or its senior management [1][4]. - As of now, no lawsuit has been filed, and the investigation is ongoing to determine if claims can be brought under federal securities laws [4].

Core Viewpoint - Kyndryl Holdings, Inc. is under investigation for potential violations of federal securities laws following the abrupt departure of its CFO and General Counsel, leading to a significant drop in share price [3]. Group 1: Company Developments - On February 9, 2026, Kyndryl announced the immediate departure of its CFO and General Counsel [3]. - The company is reviewing its cash management practices and internal controls over financial reporting after receiving document requests from the SEC [3]. - Following this announcement, Kyndryl's share price fell by $12.90, approximately 55%, from $23.49 on February 6, 2026, to $10.59 on February 9, 2026 [3]. Group 2: Legal Investigation - Kirby McInerney LLP is conducting an investigation on behalf of Kyndryl investors regarding possible unlawful business practices [1]. - No lawsuit has been filed yet, and the investigation aims to determine if claims can be made under federal securities laws [4].

Core Viewpoint - A class action lawsuit has been filed against uniQURE N.V. on behalf of investors who acquired its securities during the specified class period from September 24, 2025, to October 31, 2025 [1] Group 1 - The law firm Kirby McInerney LLP is representing the investors in the class action lawsuit [1] - Investors who suffered losses on their uniQURE investments have until April 13, 2026, to request lead plaintiff appointment [1] - Courts do not consider lead plaintiff applications submitted after the deadline [1]

近期受关注事件 值得关注的事件可能包括公司定期财务报告(如2025年全年业绩)的发布、行业运价波动对业务的影响， 以及潜在的战略动态(如船舶更新或市场拓展)。具体事件日程需以公司官方公告为准。 经济观察网卡比海运(KEX.us)近期股价出现波动，单日上涨5.45%，截至当日收盘报118.00美元/股。公 司最新财报数据显示，营业收入为8.71亿美元，净利润9247万美元，每股收益1.66美元，市盈率21.81 倍。机构评级方面，88%的券商给予买入建议，无卖出建议。 行业政策与环境 油运市场预计2025-2026年维持较高景气度，供需关系偏紧，主要因原油轮在手订单处于历史低位、地 缘政治因素推动合规市场需求提升，这可能对油轮运输企业形成宏观环境支撑。 以上内容基于公开资料整理，不构成投资建议。 ...

Core Viewpoint - Ralliant Corporation is under investigation for potential violations of federal securities laws following a significant financial impairment announcement that led to a sharp decline in its stock price [1][3]. Financial Performance - On February 4, 2026, Ralliant reported a fourth quarter and full year 2025 loss, including a non-cash goodwill impairment charge of $1.4 billion in the Test & Measurement segment, primarily due to revised expectations for the EA Elektro-Automatik business [3]. - Following this announcement, Ralliant's share price fell by $17.89, or approximately 31.8%, from $56.28 to $38.39 on the same day [3]. Legal Investigation - Kirby McInerney LLP is conducting an investigation on behalf of Ralliant investors to assess possible violations of federal securities laws or other unlawful business practices by the company or its senior management [1][4]. - As of now, no lawsuit has been filed, and the investigation is ongoing to determine if claims can be brought under federal securities laws [4].