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Day: November 10, 2025

CVG Reports Third Quarter 2025 Results

Third quarter sales of $152 million, EPS of $(0.20), Adjusted EBITDA of $4.6 millionReturns to growth in Global Electrical Solutions segmentUpdates full year 2025 guidance NEW ALBANY, Ohio, Nov. 10, 2025 (GLOBE NEWSWIRE) — CVG (NASDAQ: CVGI), a diversified industrial products and services company, today announced financial results for its third quarter ended September 30, 2025. Third Quarter 2025 Highlights (Results from Continuing Operations; compared with prior year, where comparisons are noted)Revenues of $152.5 million, down 11.2%, primarily due to softening in North American demand. Operating loss of $1.1 million, flat compared to operating loss of $1.1 million. Adjusted operating income of $1.6 million, compared to adjusted operating loss of $0.4 million. The increase in adjusted operating income was primarily attributable...

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Genco Shipping & Trading Limited Adopts Amendment to Limited Duration Shareholder Rights Plan to Protect the Best Interests of Shareholders

NEW YORK, Nov. 10, 2025 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that its Board of Directors (the “Board”) has adopted an amendment (the “Amendment”) to its one-year limited duration shareholder rights plan adopted on October 1, 2025 (the “Rights Plan”) that expires on September 30, 2026. The Amendment is effective immediately. The Amendment amends and restates the definition of “Acquiring Person” to change the beneficial ownership threshold to become an Acquiring Person, thereby triggering the Rights Plan, to 10% (or 15% in the case of any 13G Investor). The definition also excludes the Grandfathered Shareholder, a shareholder that currently has beneficial...

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World’s largest asset managers’ AUM surges to record $140 trillion, driven by North America and passives

NEW YORK, Nov. 10, 2025 (GLOBE NEWSWIRE) — Total assets under management (AUM) at the world’s 500 largest asset managers reached USD 139.9 trillion at the end of 2024, a 9.4% increase from the previous year, according to new research from leading global advisory, broking and solutions company, WTW’s (NASDAQ: WTW) Thinking Ahead Institute. This marks a continued recovery for the asset management industry with total assets now back above the record that was last set in 2021. This recovery was driven largely by managers in North America who registered the fastest growth, up 13% year-on-year and accounting for USD 88.2 trillion, or 63% of total AUM among the top 500 firms. Japan registered a decline from its asset managers, with AUM falling by 9.5% in 2024, highlighting regional disparities in economic and investment performance. On...

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Postal Realty to Present at the Jefferies Real Estate Conference & Southwest IDEAS Conference

CEDARHURST, N.Y., Nov. 10, 2025 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,200 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that Andrew Spodek, Chief Executive Officer, and Postal Realty management will present at the Jefferies Real Estate Conference in Miami, FL at 9:30 AM Eastern Time on Tuesday, November 18, 2025. The Company will host meetings with the investment community during the conference. The Company will also present at the 2025 Southwest IDEAS Conference in Dallas, TX on Wednesday, November 19, 2025, at 4:00 PM Central Time. A live webcast of the presentation will be available on the Investors section...

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Satellogic Reports Third Quarter Financial Results

29% Increase in Revenue to $3.6 million Coupled with 18% Decrease in Operating Costs and Expenses in 3Q 2025 Strengthened Balance Sheet with Completion of $90 million Public Offering Announced Seven-Figure Strategic Data Distribution Agreement with Suhora Added Distinguished Industry Sales Executive Launched Very-High Resolution NextGen Satellite Platform NEW YORK, Nov. 10, 2025 (GLOBE NEWSWIRE) — Satellogic Inc. (“Satellogic”) (NASDAQ: SATL), a leader in high-performance, low-cost Earth Observation (“EO”) platforms that deliver unique sovereign solutions and AI-first monitoring, today reported its financial results for the three and nine months ended September 30, 2025. “The third quarter was highlighted by improved financial performance, continued commercial momentum and punctuated by the $90 million public offering that we...

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VAALCO Energy, Inc. Announces Third Quarter 2025 Results

HOUSTON, Nov. 10, 2025 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) (“Vaalco” or the “Company”) today reported operational and financial results for the third quarter of 2025. Third Quarter 2025 Highlights and Recent Key Items:Reported net income of $1.1 million ($0.01 per diluted share), Adjusted Net Loss(1) of $10.3 million ($(0.10) per diluted share) and Adjusted EBITDAX(1) of $23.7 million; Produced 15,405 net revenue interest (“NRI”)(2) barrels of oil equivalent per day (“BOEPD”), at the high end of guidance, or 19,887 working interest (“WI”)(3) BOEPD, above the midpoint of guidance; Sold 12,831 NRI BOEPD, at the high end of guidance; Increased full year production and sales guidance midpoints due to strong quarterly performance that has been near the high end of guidance through the first nine months of...

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Tandy Leather Factory Reports Third Quarter 2025 Results

FORT WORTH, Texas, Nov. 10, 2025 (GLOBE NEWSWIRE) — Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the third fiscal quarter of 2025. Highlights from third quarter 2025:Revenues were $17.3 million, down 0.5% from 2024 Generated operating loss of $0.7 million versus $0.3 million in 2024 Net loss of $1.4 million versus $0.1 million in 2024 Gross margins of 58.9%, up from 57.8% in 2024 Operating expenses $10.8 million, up 5.4% from 2024 Adjusted EBITDA* (from operations) of ($0.4) million Ended quarter with $12.0 million of cash and cash equivalentsTandy Leather Factory’s third quarter sales were $17.3 million in 2025, down from $17.4 million in 2024. Third quarter 2025 gross profit was $10.2 million, up from $10.0 million in 2024. As of September 30, 2025, the Company held $12.0 million...

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Herzfeld Credit Income Fund, Inc. Declares Year-End Distribution in Stock and Cash; Fund Updates

MIAMI BEACH, Fla., Nov. 10, 2025 (GLOBE NEWSWIRE) — Herzfeld Credit Income Fund, Inc. (NASDAQ: HERZ) (the “Fund”) today declared a year-end distribution to stockholders and provided updates on the Fund’s strategy transition and operations.   Year-End Distribution in Stock and Cash The year-end distribution will be made in order (i) to avoid excise taxes that may be imposed, (ii) to meet the income distribution requirements under the Internal Revenue Code of 1986, as amended (the “IRC”), and (iii) to meet the requirements to qualify as a regulated investment company (“RIC”) as defined in the IRC and under the Investment Company Act of 1940, as amended (collectively, the “Statutory Distribution Requirements”. The estimated amount of the distribution is approximately $11,031,035 which is expected to be characterized as long-term capital...

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Tenable Named a Leader in the 2025 Gartner® Magic Quadrant™ for Exposure Assessment Platforms

Tenable positioned highest in Ability to Execute and furthest right for Completeness of Vision COLUMBIA, Md., Nov. 10, 2025 (GLOBE NEWSWIRE) — Tenable®(NASDAQ: TENB), the exposure management company, today announced it has been named a Leader in the first-ever 2025 Gartner Magic Quadrant for Exposure Assessment Platforms. Tenable was positioned highest for Ability to Execute and furthest to the right for Completeness of Vision. Tenable was also positioned as a Leader in both the IDC MarketScape: Worldwide Exposure Management 2025 Vendor Assessment and The Forrester Wave™: Unified Vulnerability Management, Q3 2025. Tenable’s mission has always been to help organizations understand and reduce risk. That started with identifying vulnerabilities in traditional IT environments, but as the attack surface expanded, so did Tenable’s...

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APA Corporation Announces Appointment of Robert P. Rayphole as Vice President, Chief Accounting Officer and Controller

HOUSTON, Nov. 10, 2025 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today announced that Robert P. Rayphole has been promoted to vice president, chief accounting officer and controller, effective Nov. 15. Rayphole will lead APA’s Accounting department, providing global oversight of the company’s accounting organization and overseeing financial reporting, accounting operations and compliance with U.S. GAAP and SEC requirements. The role of chief accounting officer and controller was previously held by Rebecca A. Hoyt, who announced her retirement earlier this year after 33 years of dedicated service with the company. “I am pleased to welcome Rob to APA’s leadership team,” said APA Chief Financial Officer Ben Rodgers. “With his deep expertise in financial reporting, accounting and internal controls, Rob will play a key role in...

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