Day: December 16, 2025

Worthington Enterprises Reports Second Quarter Fiscal 2026 Results

Written by Customer Service on December 16, 2025. Posted in Earnings Releases And Operating Results.

COLUMBUS, Ohio, Dec. 16, 2025 (GLOBE NEWSWIRE) — Worthington Enterprises Inc. (NYSE: WOR), a designer and manufacturer of market-leading consumer and building products that improve everyday life by elevating spaces and experiences, today reported results for its fiscal 2026 second quarter ended November 30, 2025. Recent Developments and Second Quarter Highlights (all comparisons to the second quarter of fiscal 2025):Net sales were $327.5 million, an increase of 19%. Net earnings decreased 3% to $27.0 million, while adjusted net earnings increased 7% to $32.5 million and adjusted EBITDA grew 8% to $60.5 million. Earnings per share (“EPS”) – diluted was relatively flat compared to the prior year quarter, while adjusted EPS – diluted increased to $0.65 from $0.60 per share. Operating cash flow increased 5% to $51.5 million, while...

Worthington Enterprises Agrees to Acquire Leading Metal Roof Components Manufacturer LSI Group

Written by Customer Service on December 16, 2025. Posted in Mergers And Acquisitions.

Roof HuggerWorthington Enterprises has signed a definitive agreement to acquire LSI Group, LLC (LSI) of Logansport, Indiana. LSI, which includes market-leading brands BPD, Logan Stampings, LSI Metal Fabrication and Roof Hugger®, is one of the largest U.S. manufacturers of standing seam metal roof clips and retrofit components in the commercial metal roof market.COLUMBUS, Ohio, Dec. 16, 2025 (GLOBE NEWSWIRE) — Worthington Enterprises Inc. (NYSE: WOR), a designer and manufacturer of market-leading brands that improve everyday life by elevating spaces and experiences, today announced it has signed a definitive agreement to acquire LSI Group, LLC (LSI) of Logansport, Indiana. LSI, which includes market-leading brands BPD, Logan Stampings, LSI Metal Fabrication and Roof Hugger®, is one of the largest U.S. manufacturers of standing...

Crane NXT Completes First Phase of Antares Vision Acquisition

Written by Customer Service on December 16, 2025. Posted in Mergers And Acquisitions.

WALTHAM, Mass., Dec. 16, 2025 (GLOBE NEWSWIRE) — Crane NXT, Co. (NYSE: CXT) (“Crane NXT” or the “Company”), a premier industrial technology company, today announced the completion of its acquisition of approximately 32% of Antares Vision S.p.A. (“Antares Vision”) on a fully diluted basis from Regolo S.p.A. (“Regolo”) and Sargas S.r.L (“Sargas”). This milestone marks the first phase of Crane NXT’s acquisition of Antares Vision. Under the terms of the definitive agreements, Crane NXT purchased this initial stake in Antares Vision at a price of €5.00 per share for a total consideration of approximately €117 million. The closing follows receipt of all required regulatory approvals. Aaron W. Saak, Crane NXT’s President and Chief Executive Officer, stated: “We are excited to complete our initial investment in...

LPL Financial Reports Monthly Activity for November 2025

Written by Customer Service on December 16, 2025. Posted in Earnings Releases And Operating Results.

SAN DIEGO, Dec. 16, 2025 (GLOBE NEWSWIRE) — LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”) today released its monthly activity report for November 2025. Total advisory and brokerage assets at the end of November were $2.36 trillion, an increase of $12.5 billion, or 0.5%, compared to the end of October 2025. Total organic net new assets for November were $6.7 billion, translating to a 3.4% annualized growth rate. This included $0.1 billion of assets from First Horizon Bank that onboarded in November, and $0.3 billion of assets that off-boarded as part of the previously disclosed planned separation from misaligned large OSJs. Prior to these impacts, organic net new assets were $6.8 billion, translating to a 3.5% annualized growth rate. Total client cash balances at the end of November were $54.6 billion, a decrease of...

Bowman to Ring Nasdaq Closing Bell

Written by Customer Service on December 16, 2025. Posted in Mergers And Acquisitions.

RESTON, Va., Dec. 16, 2025 (GLOBE NEWSWIRE) — Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, will ring the Nasdaq Stock Market closing bell on December 19, 2025, to celebrate its acquisition of RPT Alliance, which marks Bowman’s entry into the bridging power engineering market. Founder and CEO, Gary Bowman, alongside members of the company’s leadership team and RPT Alliance co-founders, will participate in the ceremonial bell ringing at the Nasdaq MarketSite in Times Square. The bell ringing ceremony will begin at approximately 3:45 pm ET on Friday, December 19, and can be viewed live at https://www.nasdaq.com/marketsite/bell-ringing-ceremony. About Bowman Consulting Group Ltd.Headquartered in Reston, Virginia, Bowman is a national engineering services firm delivering infrastructure,...

Independent Bank Corporation Announces the Adoption of its 2026 Share Repurchase Plan

Written by Customer Service on December 16, 2025. Posted in Public Companies.

GRAND RAPIDS, Mich., Dec. 16, 2025 (GLOBE NEWSWIRE) — Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board of Directors authorized a 2026 share repurchase plan on December 16, 2025. Under the terms of the 2026 share repurchase plan, the Company is authorized to buy back up to 1,100,000 shares, representing approximately 5% of its common stock. The 2026 share repurchase plan is authorized to last through December 31, 2026. The Company intends to accomplish 2026 share repurchases through open market transactions, though the Company could accomplish repurchases through other means, such as privately negotiated transactions. The timing and amount of any share repurchases will depend on a variety of factors, including, among others, securities...

Freddie Mac President Mike Hutchins to Remain President; Freddie Mac Names New CEO, Kenny M. Smith

Written by Customer Service on December 16, 2025. Posted in Public Companies.

Transition to take place December 17 MCLEAN, Va., Dec. 16, 2025 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today announced that its Board of Directors has selected Kenny M. Smith, a seasoned financial services leader, as the company’s chief executive officer (CEO), effective December 17. He also will serve as a member of the company’s Board of Directors. Michael Hutchins, who has served as interim CEO, will continue in his role as president. Mr. Smith brings nearly 40 years of experience providing strategy, operational, risk management and governance counsel to a diverse array of financial services companies and institutions. He spent 27 years at Deloitte Consulting LLP in numerous positions, including five years as Vice Chairman, U.S. Financial Services Industry Leader. At Deloitte, he also served as Global Lead Client Service...

AlphaTON Capital Strategic Investment in Alpha Liquid Terminal Unveils “The Financial Terminal for the Telegram Economy”

Written by Customer Service on December 16, 2025. Posted in Public Companies.

Investment integrates Institutional-Grade AI Agents, Tokenized Real-World Assets, Crypto, Private Share Markets, and GPU Infrastructure into a Single Super-App Interface. MIAMI, FL & NEW YORK, NY, Dec. 16, 2025 (GLOBE NEWSWIRE) — AlphaTON Capital Corp. (NASDAQ: ATON), a specialized digital asset treasury company focused on the Telegram and The Open Network (TON) ecosystem, today announced a strategic investment in Alpha Liquid Terminal (ALTX.finance). This move creates a vertically integrated financial stack, extending sophisticated Trading Agents and AI Analyst Agents to Telegram’s 1 billion users via the Telegram Mini App (TMA) system.Bridging Wall Street and the “Super App”Alpha Liquid Terminal (ALTx) is designed to be the definitive interface for the modern digital investor. By consolidating best-of-breed...

Bahakel Communications and Gray Media Announce Sale of WBBJ 7 in Jackson, Tennessee

Written by Customer Service on December 16, 2025. Posted in Public Companies.

ATLANTA, Dec. 16, 2025 (GLOBE NEWSWIRE) — Bahakel Communications, Limited has reached an agreement to sell its Jackson, Tennessee, ABC affiliate WBBJ-TV, known locally as WBBJ 7, to Gray Media, Inc.Since its launch 70 years ago, WBBJ 7 has been the most-watched local news television station in its market. Upon closing, the station will join Gray’s portfolio of leading local news television stations across the country and throughout the region, including in the adjacent markets of Nashville, Memphis, Huntsville and Paducah. “Gray is honored to be entrusted by Bahakel Communications as the next long-term stewards of WBBJ 7,” said Kevin Latek, Gray’s Chief Legal and Development Officer. “We look forward to welcoming the station and its dedicated employees into our extensive local news and sports operations in this region and working...

Toll Brothers Announces New Luxury Community Coming Soon to La Mirada, California

Written by Customer Service on December 16, 2025. Posted in Public Companies.

LA MIRADA, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest Southern California community, Vista Ventana, is coming soon to La Mirada, California. The community will offer 42 luxurious townhome-style condominiums in an intimate setting. Site work is underway, and the community is anticipated to open for sale in summer 2026. Vista Ventana will offer five modern two- and three-story home designs with open-concept floor plans ranging from 2 to 4 bedrooms, 2 to 3.5 baths, and attached 2-car garages. Select home designs will include live/work opportunities. Homes will be built with the quality, craftsmanship, and attention to detail for which Toll Brothers is known. Toll Brothers customers will experience one-stop shopping at the Toll...

Day: December 16, 2025

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