Orbital 2Q net income down 27 pct on rising costs
By The Associated Press Thursday, July 22, 2010 at 12:13 p.m. DULLES, Va. 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. ...