Orbital 2Q net income down 27 pct on rising costs
DULLES, Va. â Orbital Sciences Corp., which makes satellites, rockets and other space technology, said Thursday that its second-quarter net income plunged 27 percent, weighed down in part by costs associated with an acquisition.
Shares fell 71 cents, or 4.6 percent, to $14.91 in afternoon trading. The [..] Read the original article: here.