Birmingham, MI , Dec. 04, 2025 (GLOBE NEWSWIRE) -- International Door Products (“IDP”), a U.S. manufacturer of standard and custom fire-rated steel door frames, has been acquired by ASSA ABLOY. Angle Advisors served as the exclusive investment banking advisor to International Door Products in completing the transaction. Angle Advisors served as the exclusive investment banking advisor to International Door Products on its sale to ASSA ABLOY International Door Products designs and manufactures high quality ...

Core Insights - Allegion plc is a security company based in Dublin, Ireland, with a market capitalization of $15.2 billion, specializing in mechanical and electronic security products [1] Financial Performance - Analysts anticipate Allegion to report a profit of $2.21 per share for fiscal Q3 2025, reflecting a 2.3% increase from $2.16 per share in the same quarter last year [2] - For the current fiscal year, the expected profit is $8.18 per share, an 8.6% increase from $7.53 per share in fiscal 2024, with further growth projected to $8.65 per share in fiscal 2026 [3] Stock Performance - Allegion's stock has increased by 21.5% over the past 52 weeks, outperforming the S&P 500 Index's 17.8% rise and the Industrial Select Sector SPDR Fund's 14.7% return [4] - Following the release of strong Q2 results, Allegion's shares rose by 6%, with Q2 revenue reaching $1 billion, a 5.8% increase on a reported basis and 3.2% on an organic basis, exceeding consensus estimates by 2% [5] Analyst Ratings - Wall Street analysts maintain a "Moderate Buy" rating for Allegion, with three out of eleven analysts recommending "Strong Buy" and eight suggesting "Hold" [6] - The mean price target for Allegion is set at $178.33, indicating a slight potential upside from current levels [6]

Core Viewpoint - AB DAO has announced a strategic partnership with Alpha Technology Group Limited to enhance the application of AI and blockchain technology in supply chain management, enterprise operations, and IoT [1][4]. Company Overview - Alpha Technology Group Limited (ATGL), listed on Nasdaq in 2023, focuses on AI technology development, providing intelligent automation solutions through AI-powered ERP systems that improve corporate management efficiency [2]. - AB DAO is a leading provider of AI-driven blockchain infrastructure, having developed the AB IoT network to integrate blockchain and IoT technologies, with mature prototypes like smart energy meters and secure storage solutions [3]. Partnership Details - The partnership aims to leverage the complementary strengths of both companies to advance AI and blockchain integration in logistics, supply chain, and enterprise management, focusing on delivering efficient and secure industry solutions [4]. Ecosystem Expansion - AB DAO is expanding its ecosystem by listing its token $AB on multiple exchanges, including Bitget, HTX, and MEXC, with plans for further listings to accelerate global adoption [4]. - The goal of AB DAO is to reach 100 million $AB holders, indicating a strong focus on community growth and engagement [5].