TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

Deadline Alert: KBR, Inc. (KBR) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Glancy Prongay & Murray Llp
Deadline Alert: KBR, Inc. (KBR) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

KBR's joint venture HomeSafe Alliance received a contract termination notice from U.S. Department of Defense's TRANSCOM for failing to fulfill household goods contract obligations, causing stock price to drop 7.3%.

Insights
WFCpA   neutral

Analyst downgraded price target for Everest Group from $383 to $343, maintaining an 'equal weight' recommendation


KBR   negative

Stock price dropped 7.3% after contract termination, facing allegations of making misleading statements about business operations and partnership performance