Markets Enter New Phase | Seeking Alpha

The financial markets have been driven by the coronavirus, Fed policy, government stimulus, and politics up to now, but a change is in order.

We now see an earnings driven market, which will benefit active over passive managers and hard research, which is our forte. We recommend focusing on operating margins as corporations have done a great job navigating through the pandemic cutting costs, using more technology, shifting more functions online, and restructuring operations/supply lines. All of this is occurring faster than we assumed a few months ago when we began focusing on improving operating margins, operating profits, and cash flow.

Not all companies will benefit equally. We expect the larger, well-financed companies with forward-thinking management to significantly increase market share at the expense of small and medium less-financed competitors. Expect many of them to provide dividend hikes, renew buybacks, and make bolt-on acquisitions. Listen closely to the upcoming earnings

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Watch Firefly Aerospace test-fire its Alpha rocket in this stunning drone video

An epic set of new videos shows the fiery power of Firefly Aerospace’s forthcoming Alpha rocket.

The company showed off first-stage testing, which will certify Alpha for a test flight this fall, in new YouTube videos which include drone footage, fixed ground footage and a mix of cameras that also show off the engines swiveling to test maneuvers during flight.

“Today we performed a test of the Alpha flight first stage,” the startup company said on Twitter Sept. 20. “The four Reaver engines performed 35 seconds of thrust vector control maneuvers, challenging the flame deflectors to constrain all that Reaver power. Today’s test was a major step in Firefly’s march to first flight.”

Related: Firefly Aerospace uses rocket engine to light birthday candles in epic cake video

Firefly Aerospace’s Alpha rocket struts its stuff in videos of new testing.  (Image credit: Firefly Aerospace)

The two-stage Alpha rocket was supposed

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ALPHA PRO TECH, LTD. ANNOUNCES $5 MILLION EXPANSION OF SHARE REPURCHASE PROGRAM

The MarketWatch News Department was not involved in the creation of this content.

NOGALES, Ariz., Sep 22, 2020 (GLOBE NEWSWIRE via COMTEX) —
NOGALES, Ariz., Sept. 22, 2020 (GLOBE NEWSWIRE) — Alpha Pro Tech, Ltd. (NYSE American: APT), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced that its Board of Directors has authorized a $5.0 million expansion of the Company’s existing share repurchase program.

With this authorized expansion, the Company now has approximately $7.0 million available to repurchase shares of the Company’s common stock, $2.0 million of which remains from the previous expansion, most recently announced in December 2019.

Lloyd Hoffman, President and Chief Executive Officer of Alpha Pro Tech, commented, “Our record revenue growth and cash flow generation through the first six months of 2020, in conjunction with the expectation of strong operating results for

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