Author: Defenceline Webdesk

MetroCity Bankshares (NASDAQ:MCBS – Free Report) had its price target boosted by Keefe, Bruyette & Woods from $32.00 to $33.00 in a research note released on Thursday,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the stock. A number of other equities research analysts have also issued reports on the company. Weiss Ratings raised MetroCity Bankshares from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Wall Street Zen raised MetroCity Bankshares from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th.…

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In a report by NDTV web portal, it is noted that Iran is facing a serious challenge in reopening the Strait of Hormuz for international shipping, as it has lost track of the mines it planted in the waterway last month.According to U.S. officials cited by the New York Times, Tehran’s inability to locate all the mines has created a self‑inflicted obstacle, complicating peace talks with Washington in Islamabad.The situation is particularly sensitive given President Donald Trump’s warning to Iran to quickly reopen the chokepoint, which carries around a fifth of the world’s oil supply.The mines were laid by small…

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Apollon Wealth Management LLC increased its stake in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 890.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 255,627 shares of the Internet television network’s stock after purchasing an additional 229,815 shares during the quarter. Apollon Wealth Management LLC’s holdings in Netflix were worth $23,968,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors and hedge funds have also modified their holdings of the company. Nordea Investment Management AB lifted its holdings in shares of…

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The European Union Aviation Safety Agency (EASA) has formalised a significant collaborative agreement with India’s Directorate General of Civil Aviation (DGCA).This partnership is specifically designed to facilitate the industrial production of Airbus helicopters within Indian borders, marking a deepening of ties between the European regulator and New Delhi.The focus of this arrangement is the manufacturing of Airbus AS350 B3 helicopters, which will be produced at the dedicated Vemagal facility located in Karnataka.The newly signed arrangement provides a structured framework for ongoing cooperation between the two regulatory authorities. A primary function of this agreement is to support the extension of EASA’s…

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Carnegie Investment Counsel cut its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 4.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,406 shares of the railroad operator’s stock after selling 4,166 shares during the period. Carnegie Investment Counsel’s holdings in Union Pacific were worth $21,144,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Capital World Investors raised its holdings in Union Pacific by…

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Indian Army Chief General Upendra Dwivedi has commissioned a state-of-the-art Additive Manufacturing facility at the 515 Army Base Workshop. This milestone development marks a significant step forward in enhancing the Indian Army’s technological prowess.The facility promises to boost indigenisation efforts across military operations. It equips the army with advanced tools for rapid prototyping, enabling quicker development of essential components without reliance on external suppliers.Mission-critical repair capabilities receive a major upgrade through this initiative. Soldiers and technicians can now address equipment failures swiftly, minimising downtime in high-stakes environments.At the heart of the facility lie sophisticated technologies, including advanced 3D scanning for…

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