Navitas expands globally with Avnet building on its existing Avnet Silica (Europe) relationship, to support high-growth high-power markets such as AI data centers, performance computing, energy and grid infrastructure and industrial electrification Navitas Expands Global Distribution Network with Avnet Navitas expands globally with Avnet building on its existing Avnet Silica (Europe) relationship, to support high-growth high-power markets such as AI data centers, performance computing, energy and grid inf ...

CLEVELAND, Dec. 11, 2025 /PRNewswire/ -- The Board of Directors of Preformed Line Products (NASDAQ: PLPC) announced that its Board of Directors has approved a 5% increase in the company's quarterly cash dividend. The dividend will rise from $0.20 per share to $0.21 per share, payable on January 20, 2026 to shareholders of record as of January 5, 2026. ABOUT PLP This is the first dividend increase since 2001 when Preformed Line Products listed its shares on the NASDAQ stock exchange and reflects the company' ...

Core Viewpoint - The merger between Destination XL Group, Inc. (DXL) and FullBeauty Brands, Inc. aims to create one of the largest omni-channel retailers in the inclusive sizing market, with combined annual net sales of approximately $1.2 billion, targeting accelerated growth in an underserved market [1][3]. Financial Overview - The combined company is expected to achieve $25 million in annual run-rate cost synergies within the first 12 months post-merger, enhancing financial position and free cash flow generation [1][10]. - The last twelve months ending October 2025 saw combined net sales of approximately $1.2 billion, with an Adjusted EBITDA of approximately $45 million, leading to a projected $70 million of LTM Adjusted EBITDA post-synergies [3][10]. Market Positioning - The merger will unite complementary brands and capabilities, positioning the combined entity as a leader in inclusive sizing apparel, with a direct-to-consumer sales mix of 73% and bricks-and-mortar at 27% [2][11]. - The combined company will have a customer database of approximately 34 million households and 296 stores, enhancing its direct-to-consumer presence [11]. Strategic Benefits - The merger is expected to create a powerful omni-channel platform, leveraging each company's strengths to accelerate growth and improve operational efficiency [7][8]. - The combined entity will focus on fit, flexibility, and customer support, catering to a diverse customer base, including those experiencing weight fluctuations [11]. Leadership and Governance - Jim Fogarty, CEO of FullBeauty, will serve as the CEO of the combined company, with Peter Stratton from DXL as CFO, maintaining headquarters in Canton, MA [13]. - The Board of Directors will consist of 9 members, with equal representation from both companies [14]. Transaction Details - The merger will be executed as an all-stock transaction, with FullBeauty shareholders owning 55% and DXL shareholders owning 45% of the combined company [4][15]. - The transaction has received unanimous approval from both companies' Boards and is expected to close in the first half of fiscal year 2026, pending shareholder approval [16][18].

(2025-12-11) Kitron has received a contract with an estimated value of EUR 17 million for the production and supply of advanced electronic components used in combat vehicle systems. Deliveries under the contract are scheduled to start in the second half of 2026, and production will take place at a European Kitron facility. “We are proud to strengthen our role as a trusted manufacturing partner in the rapidly evolving scale-up of European defence capabilities,” says Hans Petter Thomassen, Kitron Vice Preside ...

UNIONDALE, N.Y., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (“Arbor”) (NYSE: ABR) today announced that its subsidiary, Arbor Realty SR, Inc. (the “Issuer”), has priced an offering of $400 million aggregate principal amount of 8.50% Senior Notes due 2028 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-United Sta ...

CAMPBELL, Calif., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP for accelerating semiconductor creation in the AI era, today announced it has entered into a definitive agreement to acquire Cycuity, Inc., a leading provider of semiconductor cybersecurity assurance. The addition of Cycuity’s technology and expertise strengthens Arteris’ product portfolio, enabling chip designers to understand and improve data movement security in chiplets and SoCs. This pending ...

SINGAPORE, Dec. 11, 2025 (GLOBE NEWSWIRE) -- FAST TRACK GROUP (NASDAQ: FTRK) (“Fast Track” or the “Company”), a leading entertainment-focused event management and celebrity agency company, today announced a strategic partnership with CloudX Entertainment (“CloudX”), a next-generation hybrid talent management and creative agency. The partnership amplifies opportunities available to brands through celebrity and influencer partnerships and content creator campaigns across travel, sports, and entertainment. Clo ...

SAN DIEGO, Dec. 11, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Melissa Mirabile has joined LPL’s employee advisor channel Linsco by LPL Financial to launch Forest Lake Wealth Partners. She reported serving approximately $280 million in advisory, brokerage and retirement plan assets* and joins LPL from UBS. Located in Albany, N.Y., Forest Lake Wealth Partners serves a wide range of clients across the country, including families, business owners, and trade unions. This ...

Core Viewpoint - Epsilon Energy Ltd. has completed the sale of its wholly owned subsidiary, Dewey Energy Holdings, LLC, which includes its Western Anadarko basin assets, to an undisclosed private buyer for $2.5 million in cash [1][2]. Group 1: Transaction Details - The assets sold included approximately 813 Mcfe/d of production, with 60% being natural gas, based on Q3 2025 figures [2]. - The sale encompassed approximately 6,400 net deep acres and 2,200 net shallow acres of leasehold, all located in Dewey County, Oklahoma [2]. - RedOaks Energy Advisors LLC assisted Epsilon in the sell-side process [2]. Group 2: Company Overview - Epsilon Energy Ltd. is a North American onshore natural gas and oil production and gathering company with assets across various basins, including Marcellus, Powder River, Permian, and Western Canadian Sedimentary basins [3].

Fort Lawn, SC, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Northann Corp. (NYSE American: NCL) (the "Company" or "Northann"), today announced it received a notice from the staff of NYSE American LLC (the "Exchange") that the Company was not in compliance with the Exchange's continued listing standards under Section 1003(a)(i) of the NYSE American Company Guide. Section 1003(a)(i) requires a listed company to have stockholders' equity of $2 million or more if the listed company has reported losses from continuing oper ...