Virgin Galactic plans to pause spaceflight operations next year to focus resources on developing its next-generation Delta-class spacecraft, the company announced Wednesday.Shares of Virgin Galactic surged 19.2% in heavy trading volume on Thursday to close at $1.86 a share, with the stock down 47% year-to-date.Although Virgin Galactic has been flying…

When I first covered American Superconductor (NASDAQ:AMSC) in early August this year, I discussed how this small cap growth stock was poised to benefit from the Fourth Industrial Revolution, which I have previously discussed in other articles including this one, Powell Industries: A Growth Stock For The Fourth Industrial Revolution…

United Airlines plans to make it easier for customers to earn elite status through co-branded Chase credit cards, the latest airline to tweak its lucrative frequent flyer program to reward big spenders.The airline isn’t changing overall requirements for elite frequent flyer status next year, a first for the carrier since…

This article was written bySeeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us…

The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission.Brad Garlinghouse told CNBC’s Dan Murphy at the company’s Ripple Swell conference in Dubai that he thinks the agency has lost sight of one of its key tasks as a regulator.”I think the SEC,…

The founders of struggling space company Astra have offered to take the company private at a value of about $30 million, according to a securities filing Thursday.Chris Kemp, chairman and CEO, and Adam London, chief technology officer, delivered a proposal to the Astra board of directors Wednesday to acquire all…

I last covered Trex (NYSE:TREX) back in March where I highlighted some key takeaways from the company’s 2022 annual results. I maintained a previous BUY rating, but will downgrade now to HOLD as shares appear fully priced at current levels. This isn’t an indication I believe Trex is poised for…

Homebuyers finally got some relief as 30-year fixed mortgage rates dropped significantly last week.After steadily climbing for most of the year, rates slid from 7.86% to 7.61% — the largest one-week decline in over a year — according to the Mortgage Bankers Association.The decline follows recent signs that the economy…

Check out the companies making headlines in midday trading. Affirm — Affirm shares jumped 17% a day after the fintech company reported fiscal first-quarter revenue that topped expectations. Affirm posted $496.5 million in revenue, more than the $444.5 million consensus estimate, according to FactSet. Virgin Galactic Holdings — Shares rallied…

Onex Corporation (OTCPK:ONEXF) Q3 2023 Earnings Call Transcript November 10, 2023 11:00 AM ET Company Participants Conference Call Participants Operator Welcome to Onex Third Quarter 2023 Conference Call and Webcast. During the presentation, all participants will be in a listen-only mode mode. Afterwards, we will conduct a question-and-answer session with…