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Kirby Corp shares rise 6.2% after Bank of America upgrades price target and earnings estimates.

Market News
08 Jul 2026
Proactive Investors
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Bullish
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Kirby Corp's shares jumped 6.2% following Bank of America's upgrade, naming it the top small and mid-cap pick in Transport/Shipping. The bank raised its price target to $182 and increased 2026 and 2027 earnings per share estimates, citing strong growth in Inland Marine and Power Generation segments. Power Generation revenue is expected to double within 18 months, supported by a $1 billion backlog and higher-margin natural gas solutions. Inland Marine benefits from climbing rates and high utilization, despite some short-term challenges. Overall, the outlook remains positive with potential margin improvements and steady demand.

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Global golf simulators market to reach $5.5B by 2035 with 8.6% CAGR, driven by tech advances and rising home use

Global golf simulators market to reach $5.5B by 2035 with 8.6% CAGR, driven by tech advances and rising home use

The global golf simulators market, valued at $2.4 billion in 2025, is projected to grow to $5.5 billion by 2035 at an 8.6% CAGR. Growth is fueled by technological improvements, increased commercial and residential use, and rising demand for indoor go...

Market News
Bullish
20 minutes ago
Aimei Health ends merger deal with United Hydrogen after missing deadline.

Aimei Health ends merger deal with United Hydrogen after missing deadline.

Aimei Health Technology Co., Ltd. has terminated its business combination agreement with United Hydrogen Group Inc. due to failure to complete the merger by the agreed deadline. The termination was effective immediately as the closing did not occur b...

Company Fundamentals
Bearish
20 minutes ago
BellRing Brands names Michael Axelrod as new CEO to lead growth and innovation.

BellRing Brands names Michael Axelrod as new CEO to lead growth and innovation.

BellRing Brands has appointed Michael Axelrod as its new President and CEO, effective July 29, 2026, succeeding Darcy Davenport who will retire but remain as an advisor. Axelrod brings over 30 years of experience in consumer packaged goods, including...

Company Fundamentals
Bullish
20 minutes ago
Capital Power signs 10+ year deal to supply 250 MW to Meta's Alberta data centre by 2028

Capital Power signs 10+ year deal to supply 250 MW to Meta's Alberta data centre by 2028

Capital Power Corporation has entered a long-term energy supply agreement to provide 250 megawatts of power to Meta's new data centre in Sturgeon County, Alberta, expected to be operational in late 2028. This deal strengthens Capital Power's position...

Market News
Bullish
1 hour ago
Class action lawsuit filed over Megan Holdings' alleged misleading IPO disclosures causing investor losses.

Class action lawsuit filed over Megan Holdings' alleged misleading IPO disclosures causing investor losses.

A securities class action lawsuit has been filed against Megan Holdings Limited by investors who purchased shares during its September 2025 IPO or between September 2025 and May 2026. The lawsuit alleges the company made false and misleading statemen...

Market News
Bearish
1 hour ago
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