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Tag Archives: cubic

February 8 Morning Report: GovCon Index Returns to Correction; Jobs Report Boosts US Dollar

GovConIndexDOWN

The GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction. The Index also posted a 2.15-percent weekly decline on continued U.S. market volatility and mixed earnings reports from some listed government services companies. Bloomberg reported that the U.S. dollar strengthened after a report from the …

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February 5 Market Close: GovCon Index Tumbles 1%, S&P Down 2% on Tech Losses & Jobs Data

GovConIndexDOWN

The GovCon Index tumbled back into a correction Friday at a decline of 1.349 percent to 70.204 as U.S. investors reacted to the latest jobs report with a view toward whether the Federal Reserve would raise interest rates again this year. For the week, the Index posted a decline of …

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February 4 Market Close: GovCon Index Narrowly Exits Correction on CACI Guidance Lift, Cubic & Maximus 1Q Misses Weigh

GovConIndexUP

The GovCon Index held in positive territory in choppy trade Thursday with a nominal gain of 0.109 points to 71.005 held up large jumps in the share prices of government services contractor CACI International (NYSE: CACI), satellite provider Intelsat (NYSE: I) and armored truck maker Navistar International (NYSE: NAV). With …

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February 1 Market Close: GovCon Index Halves AM Losses, Stays Red as US Stocks End Day Mixed

GovConIndexDOWN

The GovCon Index recovered from a plunge of more than 1 percent its first hour of trade Monday to end with a loss of 0.311 points to 71.629 in activity that mirrored reversals in U.S. stocks from negative to positive. Gains in technology shares such as Facebook and Google‘s parent …

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The 2016 Wash100’s Mix of Companies, Agencies & Trade/Research Groups

2016Wash100

As covered here yesterday, GovCon Wire’s parent company Executive Mosaic announced its inductions for the 2016 edition of the Wash 100 — EM’s annual selection of the government contracting arena’s most influential voices. These 100 individuals were chosen by EM’s editorial and organizational leadership as the executives and other leaders …

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January 4 Market Close: GovCon Index Plunges as China Losses Trigger US Stock Selloff

GovConIndexDOWN

The GovCon Index started 2016 with a steep decline of 1.712 percent to 75.764 Monday as U.S. stocks mirrored large losses in global financial markets over growth concerns. Armored truck maker Navistar International (NYSE: NAV) held against market forces with a gain of 8.94 percent to lead all GovCon Index gainers, and four …

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January 4 Morning Report: GovCon Index Ends 2015 Down on Oil Price Declines

GovConIndexDOWN

The GovCon Index closed Wednesday with a loss of 0.621 points to 77.761 on oil price declines and remains above the 10-percent mark for a gain against declines in several sectors within the S&P 500 composite index on a year-to-date basis. Crude futures in New York settled down 3.06 percent to $36.71 a barrel, while brent crude …

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December 30 Market Close: GovCon Index Retreats on 2015’s Last Full Trading Day, Traders Return to Oil Focus

GovConIndexDOWN

The GovCon Index held in negative territory throughout Wednesday and closed at a loss of 0.621 points to 77.761 as U.S. markets continued to be weighed down by oil price declines in both of the commodity’s major benchmarks. On a year-to-date basis, the Index remains above the 10-percent mark for a gain against declines in …

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Cubic Buys GATR, TeraLogics to Expand C4ISR, Satcom Portfolios; Bradley Feldmann Comments

acquisition, merger

Cubic Corp. (NYSE: CUB) has acquired GATR Technologies for $232.5 million and TeraLogics for $39 million in a push to grow Cubic’s defense systems business and expand its command, communications, control, computers, intelligence, surveillance and reconnaissance offerings. Alabama-based GATR manufactures inflatable satellite communication and C4ISR terminals for deployment in remote environments, …

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December 7 Morning Report: GovCon Index Recovers Friday After DOL’s Jobs Report

GovConIndexUP

The GovCon Index posted a gain of 1.645 percent to 78.284 Friday following the latest Labor Department jobs report to recover some losses incurred from Thursday’s plunge. The Index closed the week at a decline of 0.141 percent and achieved a climb of 3.085 percent over the previous month. Top GovCon Index Gainers Symbol Company $ Current …

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