MTAR Technologies shares fell nearly 4% despite reporting a sharp 223% jump in Q4 net profit, driven by strong revenue growth and improved operational performance. While costs rose during the quarter, margins improved, reflecting efficiency gains. The company continues to benefit from demand across aerospace, defence and clean energy segments.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend