The state of Maryland is set to gain control of the DC Air National Guard fighter squadron as part of a major deal that will see the nation’s capital take over the site of RFK stadium. The Air Force approved the transfer of the 121st Fighter Squadron from Washington, DC, to the Maryland Air National Guard, according to spokeswoman Ann Stefanek. Maryland currently flies A-10 attack aircraft, but those are scheduled for divestment from the Air Force next year, according to the governor’s office. The new development means the Maryland Air National Guard will soon fly F-16 fighter jets, a more advanced aircraft that serves as one of the mainstays of the Air Force’s fleet. The DC Air National Guard also defends the National Capital Region, which is some of the most sensitive airspace in the country. The fighter wing has a round-the-clock alert force as part of its mission. By contrast, the Maryland Air National Guard’s aging A-10 aircraft were primarily used in an overseas attack role when deployed. The Maryland unit was supposed to transition into a cyber role, but the transfer of control of the fighter squadron will maintain the unit’s flying mission. “The men and women of the Maryland Air National Guard are some of the finest and most experienced pilots in the world. In partnership with our congressional delegation and federal partners, we have advocated vigorously to maintain Maryland’s flying mission, both in the interest of national security and to continue the proud tradition that Maryland plays in defending our country,” Democratic Gov. Wes Moore said in a joint statement with the state’s senators on Monday. The transfer of the fighter squadron was a critical part of a complex deal that allows Washington, DC, to take over the land around RFK stadium, which could bring the NFL back to the nation’s capital, while also providing Maryland with funding to rebuild the Francis Scott Key Bridge . The deal was at risk of collapse last week when a provision to transfer the stadium land to DC was stripped from a government funding package following opposition from President-elect Donald Trump and billionaire Elon Musk. But in a surprise move early Saturday morning, the Senate unanimously passed a bill giving DC control of the land. The Robert F. Kennedy Memorial Stadium Campus Revitalization Act now awaits President Joe Biden’s signature after it passed the House earlier this year. The Washington Commanders football team has played at Northwest Stadium, formerly known as FedEx Field, in Landover, Maryland, since 1997. The franchise previously played at RFK Stadium from 1961 until 1996. Maryland Air National Guard Brig. Gen. Drew Dougherty called the deal an “historic moment” for the unit. “Over the past few years, we have been resolute on our commitment to securing a future flying mission. This transition is the first step in delivering a path where we can maintain our highly experienced pilots and maintainers, positions that are critically manned across the total force, while still keeping Maryland at the forefront of cyber operation,” Dougherty said in a statement. Details about the timeline and the transition of the fighters from DC to Maryland “will be announced at a later date,” said Stefanek.
NASHVILLE, Tenn. — Jonathan Marchessault scored two goals and had an assist to lead the Nashville Predators to a 5-2 win over the Carolina Hurricanes on Monday night. Steven Stamkos, Ryan O’Reilly and Mark Jankowski also scored and Juuse Saros made 25 saves for the Predators, winners of three of their last four games. Filip Forsberg had three assists. Jordan Staal and Sebastian Aho scored and Dustin Tokarski made 20 saves for Carolina. Stamkos scored the game’s first goal with 6:26 remaining in the first period. Marchessault doubled Nashville's lead with 8:15 remaining in the second, converting on a tap-in off of a cross-ice pass by Tommy Novak. O’Reilly and Jankowski briefly gave Nashville an early third period 4-0 lead before Staal and Aho combined for goals 40 seconds apart to make it 4-2. Marchessault added an empty-net goal late for Nashville. Takeaways Hurricanes: Carolina allowed its first power-play goal in the month of December when O’Reilly scored on the man advantage 30 seconds into the third period. Nashville Predators center Jonathan Marchessault (81) skates the puck past Carolina Hurricanes defenseman Dmitry Orlov (7) during the second period of an NHL hockey game Monday, Dec. 23, 2024, in Nashville, Tenn. Credit: AP/George Walker IV Predators: The Predators have won consecutive games for the first time since winning three-straight from Oct. 22-26. They will need more of the same if they aim to compete for a playoff spot. Key moment Jankowski's goal at 2:52 of the third gave Nashville a 4-0 lead. The goal provided insurance as the Hurricanes scored a pair of goals soon thereafter to get back in the game. Key stat Marchessault has scored in four straight games and has equaled a career high with points in seven consecutive games. He has seven goals and four assists over that span. Up next Following the three-day holiday break, the Hurricanes visit the New Jersey Devils on Friday night, while the Predators visit the St. Louis Blues on Friday night. Nashville Predators defenseman Roman Josi (59) skates the puck past Carolina Hurricanes left wing Eric Robinson (50) during the third period of an NHL hockey game Monday, Dec. 23, 2024, in Nashville, Tenn. The Predators won 5-2. Credit: AP/George Walker IV __ AP NHL: https://apnews.com/hub/nhlIn the world of international diplomacy, body language often speaks louder than words. Such was the case when President Donald Trump and French President Emmanuel Macron met for a highly anticipated summit, marred by yet another infamous display of awkward handshakes from the American leader.Caprock Group LLC increased its position in Pinnacle Financial Partners, Inc. ( NASDAQ:PNFP – Free Report ) by 2.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 5,774 shares of the financial services provider’s stock after acquiring an additional 154 shares during the period. Caprock Group LLC’s holdings in Pinnacle Financial Partners were worth $566,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in Pinnacle Financial Partners in the 3rd quarter valued at $30,000. International Assets Investment Management LLC acquired a new position in Pinnacle Financial Partners in the second quarter valued at $29,000. Versant Capital Management Inc lifted its position in Pinnacle Financial Partners by 44.5% during the second quarter. Versant Capital Management Inc now owns 432 shares of the financial services provider’s stock worth $35,000 after buying an additional 133 shares during the period. UMB Bank n.a. lifted its position in Pinnacle Financial Partners by 83.4% during the third quarter. UMB Bank n.a. now owns 497 shares of the financial services provider’s stock worth $49,000 after buying an additional 226 shares during the period. Finally, Values First Advisors Inc. purchased a new stake in Pinnacle Financial Partners in the 3rd quarter valued at about $49,000. Hedge funds and other institutional investors own 87.40% of the company’s stock. Wall Street Analysts Forecast Growth Several research analysts have recently weighed in on PNFP shares. Barclays increased their price objective on shares of Pinnacle Financial Partners from $101.00 to $108.00 and gave the stock an “equal weight” rating in a report on Thursday, October 17th. Citigroup lifted their price target on shares of Pinnacle Financial Partners from $113.00 to $123.00 and gave the company a “buy” rating in a report on Thursday, October 17th. Hovde Group downgraded Pinnacle Financial Partners from an “outperform” rating to a “market perform” rating and set a $135.00 price objective for the company. in a report on Monday, November 18th. Stephens lifted their target price on Pinnacle Financial Partners from $108.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, October 17th. Finally, Wells Fargo & Company upped their price target on Pinnacle Financial Partners from $100.00 to $104.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 17th. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Pinnacle Financial Partners presently has a consensus rating of “Hold” and an average target price of $108.70. Pinnacle Financial Partners Stock Performance Pinnacle Financial Partners stock opened at $126.18 on Friday. The firm has a market capitalization of $9.75 billion, a PE ratio of 23.99 and a beta of 1.04. Pinnacle Financial Partners, Inc. has a one year low of $70.23 and a one year high of $129.38. The stock’s 50 day moving average price is $105.31 and its 200 day moving average price is $92.56. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.90 and a current ratio of 0.90. Pinnacle Financial Partners ( NASDAQ:PNFP – Get Free Report ) last announced its earnings results on Tuesday, October 15th. The financial services provider reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.79 by $0.07. Pinnacle Financial Partners had a net margin of 13.97% and a return on equity of 8.89%. The business had revenue of $810.11 million during the quarter, compared to the consensus estimate of $454.18 million. During the same period in the prior year, the firm earned $1.79 earnings per share. As a group, sell-side analysts expect that Pinnacle Financial Partners, Inc. will post 6.8 EPS for the current fiscal year. Pinnacle Financial Partners Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 1st will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date is Friday, November 1st. Pinnacle Financial Partners’s payout ratio is 16.73%. Pinnacle Financial Partners Profile ( Free Report ) Pinnacle Financial Partners, Inc, together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. The company accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts; and provides treasury management services, which includes online wire origination, enhanced ACH origination services, positive pay, zero balance and sweep accounts, automated bill pay services, electronic receivables processing, lockbox processing, and merchant card acceptance services. Recommended Stories Want to see what other hedge funds are holding PNFP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pinnacle Financial Partners, Inc. ( NASDAQ:PNFP – Free Report ). Receive News & Ratings for Pinnacle Financial Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Financial Partners and related companies with MarketBeat.com's FREE daily email newsletter .