The "Halftime Report" traders give their final trades of the show.» Read More
ARLINGTON, Va. _ Orbital ATK Inc. on Thursday reported fiscal fourth-quarter profit of $67.5 million. Orbital ATK expects full-year earnings to be $4.40 to $4.60 per share, with revenue in the range of $4.35 billion to $4.45 billion. Orbital ATK shares have fallen 34 percent since the beginning of the year.
"The United Arab Emirates is seeking to confirm its status as a spacefaring nation," he told a gathering at an event rolling out the federal body in the capital, Abu Dhabi, that featured models of Emirati satellites and waiters serving space-themed canapés, like hummus in metal squeeze tubes. Abu Dhabi's Al Yah Satellite Communications Co., better known as Yahsat,...
TOKYO— Toyota President Akio Toyoda vowed to help get to the bottom of the problems with Takata air bags, the recalls for which have ballooned to nearly 34 million vehicles, stressing that regaining consumer trust is an industry-wide concern. Doubts are growing about whether Japanese supplier Takata Corp. has the financial muscle to deal with all the defects, a...
*Takata sees 7 bln yen for recall related costs in FY 2015. *Takata: External investigation into air bags continuing. TOKYO, May 8- Japan's Takata Corp said it expects to return to profit this financial year on higher Asian and U.S. sales, but the troubled company made few provisions for possible costs related to a massive global recall of its exploding air bags.
Air Force Secretary Deborah James last week said the Air Force expects to finalize the terms of the competition by the end of May, and could award contracts for prototypes of new U.S.-fueled launch vehicles as early as September. The current sole launch provider, United Launch Alliance, a joint venture run by Lockheed Martin Corp and Boeing Co, is working on a new...
Senators James Inhofe, an Oklahoma Republican, and Bill Nelson, a Florida Democrat, both members of the Senate Armed Services Committee, said they were concerned that the Defense Department and the Air Force were not complying with a law that seeks development of a U.S. alternate engine by 2019.. The senators said the Air Force was not using $220 million...
WASHINGTON, March 12- Orbital ATK expects to complete an investigation into the Oct. 28 explosion of its Antares rocket by the end of March, the company's chief executive said on Thursday. Separately, Thompson welcomed a request for information from the Air Force, which is seeking to end U.S. reliance on a different Russian-built engine, the RD-180.
WASHINGTON, March 12- Orbital ATK expects to complete an investigation into the Oct. 28 explosion of its Antares rocket by the end of March, the company's chief executive said on Thursday. Orbital CEO David Thompson declined to give any details about the investigation. The explosion destroyed a cargo ship bound for the International Space Station.
CAPE CANAVERAL, Fla., March 11- A beefed-up space shuttle solid rocket motor passed a two-minute test firing in Utah on Wednesday, a key milestone toward the debut flight of NASA's deep-space launcher in 2018, the U.S. space agency said. Anchored horizontally to a test stand in the desert in Promontory, Utah, the five-segment motor, built by Orbital ATK, ignited at...
The "Fast Money" traders give their final trades of the day.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Some of Thursday's midday movers:
Shares of aerospace and defense firms Orbital Sciences and Alliant Tech were briefly halted on Wednesday.
India is expected to choose Sikorsky Aircraft's S-70B Sea Hawk helicopters at a 16-aircraft tender worth over $1 billion.
Turning his attention to the industrial goods sector, CNBC's Jim Cramer revealed his favorite stocks in the defense industry now.
If you can move quickly, Jim Cramer thinks you should.
Spaceflight remains a dream for most stargazers, but everyone can buy a portfolio of stocks to invest in space travel of the future.
Summer associates on Wall Street are no doubt learning a lesson this week about how to think like a trader when the world is on fire.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Take a look at some of Thursday's midday movers: