The ticker is LUNR. The stock took off like a rocket early this morning, hitting a new high. However, it fell back to Earth quickly, losing 13% on the day. Intuitive Machinesis up 31% so far in November and 185% in three months. Redwireis another space company on Brennan's radar. ...
There are no public shareholders to worry about there, as SpaceX is a private company with virtually zero competition in the market. (Technically, it competes for space contracts with Boeing. But given Boeing’s disastrous last five-ish years, SpaceX probably isn’t sweating the competition too...
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Airbnb’s third-quartersalesof $3.73 billion and earnings of $2.13 a share were in-line with analysts’ estimates. Airbnb is expanding to markets in other parts of the world, where average growth rates of nights booked are “more than doublethat” of its core markets, the company sai...
In a statement to Barron’s, CVS, which owns one of the three largest PBMs, said it serves as a counterbalance.“Any policy that limits the use of PBM negotiating tools would leave American patients, taxpayers, and businesses at the mercy of the prices drugmakers set,” the company said...
A company that converts raw materials into finished products is amanufacturer. We can also use the term ‘manufacturer’ for a person if he or she owns a factory or is one of their executives. The verb ‘to manufacture‘ means to make something using machinery on a large scale. ...
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“We’re willing to compromise, but acquiescing to a single shareholder’s demand for control of the company is not a compromise,” Jordan said. “There’s a lot to be excited about in Southwest, and we will not allow Elliott’s public attacks to distract us.” ...
Alibaba is now the most valuable public Chinese company, with a market capitalisation of around $477 billion as of this week, and one of the top-10 most valuable in the world, though still trailing US e-commerce counterpartAmazon, which is worth around $870 billion. ...
Headed 'Kenya Power moves to change board composition to reflect the company’s shareholding structure', the accompanying statement was an eye-watering 50 megawatts of rapid-fire shuffling of a governance deck of cards. The usual sweet nothings prevailed: “To safeguard the interests of minority sh...