01:15 PM EDT, 09/26/2024 (MT Newswires) -- Shares of Jabil ( JBL ) were soaring intraday Thursday after the company forecast an annual increase in fiscal 2025 earnings after reporting higher-than-expected fourth-quarter results. The manufacturing solutions provider expects adjusted earnings per share of $8.65 in the ongoing year, compared with $8.49 reported for fiscal 2024. The average analyst estimate is...

Rocket Lab USA Inc ( RKLB ) shares are trading higher. The company on Thursday announced the completion of its second spacecraft for Varda Space Industries. What Happened: Rocket Lab has completed testing and integration of its second Pioneer spacecraft for Varda. The companies plan to conduct in-space operations, reentry positioning maneuvers and deorbiting to recover Varda’s capsule.  Rocket Lab...

01:28 PM EDT, 09/26/2024 (MT Newswires) -- More than 1,000 flights within, into or out of the US were canceled while over 2,000 flights were delayed after midday Thursday, according to the FlightAware website, as Hurricane Helene moved toward Florida. Southwest Airlines ( LUV ) had 201 cancellations, followed by Delta Air Lines ( DAL ) with 135 and American...

WASHINGTON (Reuters) - A U.S. Senate panel investigating Boeing's safety culture on Wednesday faulted the planemaker's quality practices and oversight by the Federal Aviation Administration citing documents obtained in an ongoing investigation. The Senate Permanent Subcommittee on Investigations, which is holding a hearing Wednesday with FAA Administrator Mike Whitaker, said Boeing workers continue to feel pressure to prioritize speed of...