Los Angeles, CA, Dec. 11, 2025 (GLOBE NEWSWIRE) -- OFA Group (NASDAQ: OFAL) (“OFA” or the “Company”), a global architecture, technology, and digital-asset infrastructure company, today announced that shareholders approved all proposals presented at the Company’s Extraordinary General Meeting of Shareholders (“EGM”), which was held virtually on November 24, 2025, at 5:00 p.m. Eastern Time. The strong shareholder support reflects continued confidence in OFA Group’s long-term strategic vision and growth initia ...

HUNTSVILLE, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Serina Therapeutics, Inc. (“Serina” or the "Company") (NYSE American: SER), a clinical-stage biotechnology company advancing its lead Investigational New Drug ("IND") candidate, SER-252, for advanced Parkinson's disease, enabled by its proprietary POZ PlatformTM drug optimization technology, today announced the appointment of Joshua Thomas, Ph.D., as Vice President and Head of Chemistry. He will oversee internal and external chemistry efforts to optimize POZ-bas ...

ISSAQUAH, Wash., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the first quarter of fiscal 2026 (twelve weeks), ended November 23, 2025. Net sales for the first quarter increased 8.2 percent, to $65.98 billion from $60.99 billion last year. Comparable sales for the first quarter fiscal 2026 were as follows: 12 Weeks 12 Weeks Adjusted* U.S.5.9% 5.9% Canada6.5% 9.0% Other International8.8% 6.8% Tota ...

BATON ROUGE, La., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.55 per share and a special cash dividend of $0.25 per share, both payable on December 31, 2025 to stockholders of record of Lamar’s Class A common stock and Class B common stock on December 22, 2025. Forward-Looking StatementsThis press release contains “forw ...

Core Viewpoint - Lifeway Foods, Inc. expresses strong opposition to the nomination of George Sent and Edward Smolyansky for the Board of Directors, citing their questionable backgrounds and potential risks to shareholder value [1][2][3]. Group 1: Dissident Nominees' Background and Concerns - The Dissident Nominees have ethical concerns and a track record that suggests they are unfit for the Board [2]. - George Sent's previous role as Lifeway's Lead Independent Director raises questions about his alignment with the Dissident, indicating a troubling reversal of principle [3]. - Edward Smolyansky's personal financial issues and those of his mother, Ludmila Smolyansky, may be driving their push for a quick sale of Lifeway at any price, which could conflict with the interests of other shareholders [4][5]. Group 2: Financial and Operational Performance - Lifeway has achieved a total shareholder return of 788% over the past five years, significantly outperforming peers and the S&P 500 [10]. - The company reported a 29% increase in net sales for Q3 2025, reaching $57.1 million, driven by its flagship product, Lifeway Kefir [10]. - Lifeway's gross margin expanded by 300 basis points, and net income grew by 19%, reflecting effective operational execution [10]. Group 3: Board Composition and Governance - Lifeway's Board is committed to thoughtful refreshment, replacing long-serving directors and adding new independent members to enhance governance [10][11]. - The dissident group has not presented a compelling case for change or a clear plan for governance and operational improvement [10]. - New independent board members have been appointed, bringing expertise in business growth, accounting, and corporate governance [14].

Net Sales Growth of ~44% Year-Over-Year $75 Million of Debt Repaid in Fiscal 2025Cash Provided by Operating Activities Increased ~86% Year-Over-YearHealthy Balance Sheet and Strong LiquidityIntegration of Transformative Acquisition Substantially Complete and Thesis Remains Intact HOUSTON, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the three months and twelve months ended October 31, 2025. The Company reported ...

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 ...

Core Viewpoint - Preformed Line Products has announced a 5% increase in its quarterly cash dividend, marking the first increase since its NASDAQ listing in 2001, reflecting strong liquidity and commitment to shareholder returns [1][2]. Group 1: Dividend Increase - The quarterly dividend will rise from $0.20 to $0.21 per share, payable on January 20, 2026, to shareholders of record as of January 5, 2026 [1]. - This increase demonstrates the company's strong liquidity position and management's confidence in generating consistent cash flows while investing in growth initiatives [2][3]. Group 2: Management Commentary - The Executive Chairman emphasized that the ability to increase the dividend highlights the strength of the company's balance sheet and future growth outlook [3]. - The company is focused on disciplined capital allocation, balancing reinvestment in operations with returns to shareholders, and will consider further dividend increases based on operating results [3]. Group 3: Company Overview - Preformed Line Products provides precision-engineered solutions for energy and communications providers globally, ensuring stronger and more reliable networks [5]. - The company operates in 20 countries, delivering high-quality products and exceptional service to customers worldwide [5].

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 ...