Lockheed Martin looks to acquire Terran Orbital for about $600 million

Terran Orbital's banner above the New York Stock Exchange on March 28, 2022.Terran OrbitalLockheed Martin submitted a bid to acquire spacecraft manufacturer Terran Orbital, the defense giant revealed in a securities filing on Friday.The nonbinding proposal would see Lockheed acquire Terran Orbital's outstanding common stock at $1 a share...

Read more...

NASA shuts down Maxar-led OSAM-1 satellite refueling project

A "grapple test" of the spacecraft's robotic servicing arm.NASANASA is shutting down a $2 billion project to test satellite refueling in space, it announced Friday, after the agency's auditor criticized the program's lead contractor, Maxar, citing "poor performance."The space agency said in a statement that the OSAM-1 — On-orbit...

Read more...

CVS, Walgreens to start selling abortion pill mifepristone this month 

A container holding boxes of mifepristone, the first medication in a medical abortion, are prepared for patients at Alamo Women's Clinic in Carbondale, Illinois, on April 20, 2023.Evelyn Hockstein | ReutersCVS and Walgreens will start selling the abortion pill mifepristone this month at certain pharmacy locations in states where...

Read more...

Medicare drug price negotiations: Judge rejects AstraZeneca challenge

Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services (HHS) building on October 06, 2022 in Washington, DC.Anna Moneymaker | Getty ImagesA federal judge on Friday rejected AstraZeneca's legal challenge to Medicare's new power to negotiate the prices of...

Read more...

SPR, ZS, DELL, AMD and more

Check out the companies making headlines in midday trading. Spirit AeroSystems — Shares climbed more than 12% following a report that Boeing was in talks with Spirit to reacquire the fuselage supplier nearly 20 years after spinning it off into a separate company. Hewlett Packard Enterprise — The technology...

Read more...

Spirit Aerosystems stock surges on report Boeing could buy it back

Airplane fuselages bound for Boeing's 737 Max production facility sit in storage at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019. Nick Oxford | ReutersShares of Spirit Aerosystems, which makes fuselages for Boeing's 737 Max jets, surged Friday after a report that Boeing is...

Read more...