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The week did not see extravagant gains among industrial stocks with Encore Wire leading the gainers, while Rocket Lab and two others in last week's top five list landed among this week's losers. The S&P 500 snapped out of a four-week winning streak and saw six out...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: zhengzaishuru / Shutterstock.com Denbury (NYSE: DEN ) stock is catching the attention of investors on Thursday following a report that the U.S. oil company is considering a strategic sale . According ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Shutterstock Aerojet Rocketdyne (NYSE: AJRD ) stock is receiving some additional attention today on news that Elliott Investment Management recently purchased substantial equity in the rocket maker. El...
ORLANDO, Fla., Aug. 16, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has officially opened its Center of Excellence for Undersea Propulsion to support the U.S. Navy’s next generation torpedoes. The first of its kind in the nation for industry, the facility will be used to produce the ...
Softbank ( OTCPK:SFTBY ) ticked down 0.6% on a report that activist giant Elliott Management has sold almost all if stake in the Japanese tech company. Elliott is said to have sold off its position earlier this year as technology stocks plunged, according to a FT repo...
Elliott Investment Management, the hedge fund led by Paul Singer, took on new stakes in Aerojet Rocketdyne ( NYSE: AJRD ), Pinterest ( NYSE: PINS ), PayPal Holdings ( NASDAQ: PYPL ) and Endeavor Group Holdings ( NYSE: EDR ) in Q2, while disposing of its...
LOS ANGELES, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne successfully demonstrated an Integrated System Test Bed (ISTB) that was designed and fabricated to test advanced liquid rocket engine thrusters and system components. The demonstration was independently funded by the company ...
HUNTSVILLE, Ala., Aug. 10, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has delivered the 800th Solid Rocket Boost Motor and the 800th Divert and Attitude Control System (DACS) for the Terminal High Altitude Area Defense (THAAD) weapon system, one of the nation’s primary defenses agai...
Aerojet Rocketdyne missed expectations on sales and earnings. Unfavorable adjustments driven by investments for the future drove the earnings miss. The situation with Russia positions Aerojet Rocketdyne extremely well with its involvement in space and defense, more particularly hy...
CAMDEN, Ark., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne’s Camden, Arkansas, site has opened a new facility to integrate solid rocket motor manufacturing activities, improving operational efficiency, increasing production capacity, reducing costs, and providing for even saf...
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Madison Square Garden Sports Set to Join S&P SmallCap 600 Madison Square Garden Sports Set to Join S&P SmallCap 600 PR Newswire NEW YORK , July 27, 2023 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE:MSGS) will replace Aerojet Rocketdyne Hol...
HUNTSVILLE, Ala., July 10, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has successfully developed and static-fire tested the Zeus 1, an advanced stage 1 Large Solid Rocket Motor (LSRM) for Kratos. The motor met or exceeded performance expectations. “Congratulations to the Aeroje...
STENNIS SPACE CENTER, Miss., June 23, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne and NASA completed a certification test series yesterday for the new RS-25 production engines that will propel NASA’s Space Launch System (SLS) exploration rocket for Artemis missions, beginning with Artemis&...