09:55 AM EST - Magellan Aerospace Corporation : Announced the signing of a Memorandum of Understanding today with Aequs Private Limited to explore the development of a business plan for setting up a 50/50 jointly-owned aerospace sand casting facility situated at the Belagavi Aerospace Cluster (BAC), in Karnataka, India. Magellan Aerospace Corporation
shares T.MAL are trading up $0.07 at $10.16.
