Cubic Sets Revenue Record in 4Q 2014, Records 3% Hike for Full Fiscal Year

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Cubic Corp. (NYSE: CUB) has announced financial results for its fourth quarter and full 2014 fiscal year ended Sept. 30, 2014. The San Diego-based defense and transportation technology contractor reported a 3-percent increase in revenue to $1.398 billion for the full year and a 16-percent jump to a record figure of $396.4 million for the quarter. Cubic also reported a record profit for the fourth...

November 25 Market Close: GovCon Index Reaches New High

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The GovCon Index reached a new high to 70.341, up 0.309 percent, while both Dow Jones Industrial and S&P 500 finished slightly down -0.02 percent and -0.12 percent, respectively. The energy sector weighted on the board with oil prices hitting a four-year low.     Top Percentage Gainers Company Stock Price $ Change % Change Serco Inc.  2.71  0.131  5.08% Mantech  30.27  0.85  2.89% ICF...

November 24 Market Close: GovCon Index Starts Thanksgiving Week With Increase

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The GovCon Index kicked off the week of Thanksgiving with a Monday close of 70.122 — up 0.74 percent from Friday’s trading day. According to Bloomberg, investors reacted with confidence to data that signals growth in the U.S. services sectors and consumer confidence, as well as the Chinese central bank’s move last week to cut interest rates. Bloomberg also estimates that profit...

November 21 Market Close: GovCon Index Up as Investors React to China, Europe Moves

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The GovCon Index ended the last full trading week before this year’s Thanksgiving holiday with a modest gain of 0.687 percent Friday to close at 69.600. According to the Wall Street Journal, U.S. stocks made gains that reflected how investors reacted to comments from the European Central Bank’s chief that its stimulus program could grow in an effort to jump-start growth. China’s...

November 17 Market Close: GovCon Index Kicks Week Off With Small Loss

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The GovCon Index started the new trading week with a Monday close of 68.753 — a decline of 0.247 percent, or 0.169 points. Stocks on the three major market indices remained level as well in a day that saw reports surface of Japan’s extended recession and a decrese in small-cap shares, according to Bloomberg’s market summary. Bloomberg also cited U.S. economic data that showed a...

November 13 Market Close: GovCon Index Extends Week of Gains

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The GovCon Index ended Thursday’s trading day at 68.992 — an increase of 0.626 percent from Wednesday and a close that represents the index’s fourth straight day of nominal gains. Bloomberg cited corporate deals and a positive earnings report from Walmart as among the factors that offset downturns in energy stocks and small caps across the stock market. The S&P 500 closed one...

MAXIMUS Reports 28% Revenue Hike for FY 2014, 24% Profit Increase; Richard Montoni Comments

Richard Montoni
Richard Montoni MAXIMUS (NYSE: MMS) has announced financial results for the fourth quarter and full 2014 fiscal year ended Sept. 30, 2014. Revenue for the fiscal year increased 28 percent to $1.7 billion and by 13 percent for the quarter to $435.4 million, while profit grew 24.6 percent for the full fiscal year to $145.4 million and by 4 percent for the quarter to $36.2 million. “Year-to-date...

Marc Parent: Civil, Healthcare Segments Help Drive CAE Revenue Up 10% for 2Q 2015

CAE
CAE has announced financial results for the second quarter of the company’s 2015 fiscal year ended Sept. 30, 2014. Based on U.S. currency figures, revenue for the Montreal-based aerospace and defense technology company rose 10.7 percent from the prior year quarter to $468.4 million and profit increased 12.1 percent to $38 million for the quarter. Revenue for the company’s civil and simulation...

November 11 End of Day Report: GovCon Index Stays Level With Monday’s Close

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The GovCon Index closed Tuesday at 68.348 — a tiny increase of 0.154 percent, or 0.105 points. Bloomberg said in its market summary that Tuesday’s trading day saw the three major stock indices record a fifth consecutive day of gains on the back of increases by homebuilder shares. The S&P 500 composite index ended Tuesday’s trading day with a 0.1-percent increase to 2,039.75...

November 10 End of Day Report: GovCon Index Holds Relatively Level From Friday’s Close

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The GovCon Index ended Monday’s trading day at 68.240 — a nominal increase of 0.311 percent from Friday, or 0.213 points. CNBC reported that the Dow Jones Industrial Average and S&P 500 composite index both closed Monday at record highs on the heels of positive earnings reports and price increases of healthcare stocks during the trading day. The Dow closed 0.23 percent higher...