Home / Tag Archives: financial report

Tag Archives: financial report

September 4 Market Close: GovCon Index Falls 2%, US Markets Decline on Interest Rate Uncertainty

GovConIndexDOWN

The GovCon Index declined 1.372 percent to 70.966 Friday as U.S. markets also fell on continued uncertainty by investors on whether the Federal Reserve will raise interest rates at its next meeting Sept. 16 and 17. Health Net at 0.33 percent up (NYSE: HNT) was the only Index company to close at ...

Read More »

September 3 Market Close: GovCon Index, US Stocks in Narrow Range as Traders Await Data

GovConIndexUP

The GovCon Index closed at a gain of 0.156 points to 71.953 Thursday as U.S. markets also ended the session in narrow range ahead of Friday’s employment report for August. Economists polled by the Wall Street Journal expect the Labor Department to report nonfarm businesses added 220,000 jobs in November and the unemployment ...

Read More »

September 2 Market Close: GovCon Index, US Stocks Rebound on Beige Book Report

GovConIndexUP

The GovCon Index rebounded from two days of declines with a gain of 2.374 percent to close at 71.791 Wednesday as U.S. markets also tried to recover ground from prior losses. The Index remains 7.02 percent below its three-month high of 77.214 from Aug. 17 and is 1.62 percent down from its Aug. 28 ...

Read More »

September 1 Market Close: GovCon Index Plunges 3%, Traders Up Interest Rate Hike Odds

GovConIndexDOWN

The GovCon Index tumbled 2.78 percent to 70.118 in a reflection of continued concern in U.S. markets Tuesday about a slowdown in China’s economy and potential effects on economies worldwide. All 30 stocks recorded declines Tuesday and the Index has approached correction territory for the second time in a week. The Index ...

Read More »

August 31 Market Close: GovCon Index, US Stocks Fall on Interest Rate Timing Concerns

GovConIndexDOWN

The GovCon Index ended the most turbulent month in its nearly one year of existence Monday with a decline of 1.174 percent to 72.126. The Index has tumbled 5.18 percent from its July 31 close of 76.069 and is down 6.6 percent from its high of 77.223 from Aug. 17. U.S. investors continue to show concern over ...

Read More »

August 31 Morning Report: GovCon Index Closes Friday in the Positive

GovConIndexUP

The GovCon Index ended four days of volatile trading last week with an  increase of 0.158 points to 72.983 on Friday’s close. The Dow Jones Industrial Average decreased 11.76 points to 16,643.01, the Standard & Poor’s 500 composite index gained 1.21 points to 1,988.87 and the Nasdaq composite index added 15.62 points to 4,828.33. Top Percentage Gainers ...

Read More »

August 28 Market Close: GovCon Index Closes in Green to End Volatile Week

GovConIndexUP

The GovCon Index closed Friday up 0.158 points to 72.983 on a relatively quiet day for U.S. markets compared to the volatility from the prior four days. With Friday’s close, the Index ended the week with a nominal gain of 0.012 points from its Aug. 21 close of 72.971. The Index is currently down ...

Read More »

Carlyle to Purchase Analytics Provider Novetta Solutions From Arlington Capital

big data2

Private equity firm The Carlyle Group has agreed to purchase McLean, Va.-based analytics services contractor Novetta Solutions from Arlington Capital Partners for an undisclosed sum. Novetta said Thursday it expects to close the transaction later this year and the deal will be funded by equity capital from the $13 billion Carlyle Partners VI fund. Carlyle’s ...

Read More »

August 27 Market Close: GovCon Index, US Stocks Extend Rebound on GDP & Job Data

GovConIndexUP

The GovCon Index extended its recovery to a second consecutive day on Thursday with a gain of 1.326 percent to 72.815. Overall, the Index has regained 4.59 percent of its losses from the recent six-day stretch of declines that mirrored larger U.S. market downturns. Economic data that showed U.S. gross domestic product ...

Read More »

August 26 Market Close: GovCon Index Up 3%, 6-Day Decline Streak Over

GovConIndexUP

A six-day stretch of consecutive declines came to an end for the GovCon Index Wednesday as it recorded a gain of 3.208 percent to 71.862. Non-Index company Oshkosh Corp. (NYSE: OSK) closed up 6.67 percent a day after the Army announced the Wisconsin-based military vehicle maker beat Lockheed Martin (NYSE: LMT) and ...

Read More »