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Stock Market & Financial Investment News

News Breaks
January 12, 2014
16:23 EDTORBOrbital's Cygnus spacecraft successfully berths with International Space Station
Orbital Sciences announced that its Cygnus cargo logistics spacecraft successfully completed its rendezvous and approach maneuvers with the International Space Station, ISS, and was grappled and berthed with the station by the Expedition 38 astronaut crew earlier this morning. After Cygnus was launched into orbit by Orbitalís Antares rocket on Thursday, January 9 from NASAís Wallops Flight Facility, it completed a series of thruster firings and other maneuvers bringing the spacecraft in close proximity to the ISS. Final approach to the station began at about 3:00 a.m. EST this morning, culminating with the stationís robotic arm grappling the spacecraft at 6:08 a.m. when it was about 30 feet from the ISS. Cygnus was then guided to its berthing port on the nadir side of the ISSí Harmony module where its installation was completed at 8:05 a.m. Under a $1.9B CRS contract with NASA, Orbital will use Antares and Cygnus to deliver up to 44,000 pounds of cargo to the ISS over eight missions, including the mission currently underway, through late 2016. For these missions, NASA will manifest a variety of essential items based on ISS program needs, including food, clothing, crew supplies, spare parts and equipment, and scientific experiments.
News For ORB From The Last 14 Days
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January 28, 2015
16:35 EDTORBATK not issuing guidance due to pending closing of Orbital deal
Due to the pending closing of the anticipated transaction, Alliant Techsystems (ATK) is not discussing its outlook or issuing financial guidance. On the anticipated closing date, February 9, ATK stockholders as of the applicable record date, February 2, will receive two shares of Vista Outdoor (VSTO) common stock for every one share of ATK common stock they hold. In connection with the merger, Orbital (ORB) stockholders will receive 0.449 shares of ATK common stock for each share of Orbital common stock that they hold. Upon the closing of the transaction, ATK stockholders will own approximately 53.8% of Orbital ATK on a fully diluted basis and Orbital stockholders will own the remaining approximately 46.2% of Orbital ATK on a fully diluted basis.
January 27, 2015
10:34 EDTORBATK holders approve issuance of shares to Orbital
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January 26, 2015
08:01 EDTORBOrbital price target raised to $35 from $28 at Stifel
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January 23, 2015
06:15 EDTORBRoystone Capital reports 6.2% passive stake in Orbital
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January 22, 2015
14:27 EDTORBOrbital to host special shareholder meeting
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