Author: Defenceline Webdesk

Covenant Asset Management LLC lowered its stake in RH (NYSE:RH – Free Report) by 82.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,602 shares of the company’s stock after selling 26,503 shares during the period. Covenant Asset Management LLC’s holdings in RH were worth $1,004,000 as of its most recent SEC filing. Other institutional investors have also modified their holdings of the company. Mitsubishi UFJ Trust & Banking Corp increased its holdings in RH by 80.4% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 4,024 shares of…

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India has achieved a significant milestone in its nuclear energy program with the operational clearance granted to NFC-Kota by the Atomic Energy Regulatory Board. This development represents a major boost to the country’s clean energy momentum and strengthens the national nuclear fuel cycle.With this approval, the Nuclear Fuel Complex, the power reactor fuel manufacturing arm of the Department of Atomic Energy, is now fully prepared to supply 500 tons per year of nuclear fuel for the 700 MWe indigenous Pressurised Heavy Water Reactors operated by the Nuclear Power Corporation of India Limited.NFC has consistently delivered nuclear fuel and core structural…

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Carrera Capital Advisors acquired a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,607 shares of the company’s stock, valued at approximately $573,000. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Vanguard Dividend Appreciation ETF by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 10,690,700 shares of the company’s stock worth $2,349,602,000 after…

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Shield AI announced today the opening of an office in New Delhi to support its growing partnership and advance work with the Indian Ministry of Defence and its industry ecosystem. The latest milestone deepens the company’s long-term commitment to India.The opening was announced during a high-level visit to New Delhi by the president and co-founder of the company, Ryan Tseng, and a member of the company’s Defence Advisory Board, retired U.S. Navy Admiral John C. Aquilino, former U.S. Indo-Pacific Command (USINDOPACOM) commander.Shield AI has established a wholly owned subsidiary, Shield AI India, to support software integration, engineering, and autonomy development,…

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Covenant Asset Management LLC cut its stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) by 60.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,243 shares of the coffee company’s stock after selling 12,339 shares during the quarter. Covenant Asset Management LLC’s holdings in Starbucks were worth $694,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds have also recently made changes to their positions in the stock. Collier Financial purchased a new stake in Starbucks in the third quarter…

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New Delhi’s planned purchase of 114 Rafale fighter jets from France has encountered a critical obstacle centred on software control, raising questions about the extent to which foreign suppliers are prepared to share the digital architecture of advanced combat aircraft.The proposed acquisition, valued at approximately ₹3.25 trillion, was intended to expand the Indian Air Force’s Rafale fleet beyond the 36 aircraft already in service and address the widening squadron gap. Negotiations have now shifted from price, delivery schedules and local assembly to the sensitive issue of whether India will gain sufficient access to the aircraft’s interface and mission systems to integrate…

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