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Tag Archives: Huntington Ingalls

May 20 Market Close: GovCon Index, US Stocks Rise After Fed Minutes Release

GovConIndexUP

The GovCon Index closed in positive territory Wednesday with a gain of 0.108 points to 75.543 on a day that saw investors react to the release of the Federal Reserve‘s April meeting minutes. Fed leaders expressed doubt over the possibility of an interest rate hike by June and U.S. stocks traded after those minutes went public but ...

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May 11 Market Close: GovCon Index, US Stocks Hover in Neutral

GovConIndexDOWN

The GovCon Index mirrored slight across-the-board declines in U.S. stocks Monday to record a nominal loss of 0.037 points and closing figure of 73.906. CNBC reports investors looked to bond yields and await this week’s release of retail sales and industrial production figures in order to further their understanding of U.S. economic indicators after ...

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May 4 Market Close: GovCon Index Extends Rebound as Europe, China Gains Lift US Stocks

GovConIndexUP

The GovCon Index closed in positive territory for the second consecutive day Tuesday with a gain of 0.263 to close at 74.324. Gains in European and Chinese markets helped U.S. stocks to a second straight day of gains and eight out of 10 sectors in the S&P 500 composite index ...

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May 4 Morning Report: GovCon Index Posts Gain at Friday’s Close

GovConIndexUP

The GovCon Index rebounded from two straight days of losses to close at 74.060 on Friday, up 0.680 points (0.910%).   The Dow Jones Industrial Average gained 1.03 percent to 18,024.06, the Standard & Poor’s 500 composite index increased 1.09 percent to 22.78 and the NASDAQ composite index rose 1.29 percent to 5,005.39. Top Percentage Gainers ...

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May 1 Market Close: GovCon Index Closes Up, Biotech Recovery Helps Lift US Stocks

GovConIndexUP

The GovCon Index started the month of May with a rebound from two days of losses to close Friday up 0.680 points — or 0.910 percent — and end at 74.060. Gains in the biotechnology sector from the previous day’s losses and higher Treasury yields helped U.S. stocks to recover from Thursday’s sell-off, ...

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April 16 Market Close: GovCon Index Stuck in Neutral, US Stocks Dip

GovConIndexUP

The GovCon Index recorded a nominal gain for the second consecutive trading day to the tune of 0.064 points for a closing figure of 76.092. U.S. stocks saw nominal losses despite gains in the oil market during the afternoon session and positive earnings reports from financial services firms Citigroup and Goldman Sachs, the ...

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April 10 Market Close: GovCon Index Moves Up, GE Restructure News Drives US Gains

GovConIndexUP

The GovCon Index ended the week with a gain of 0.173 points to close at 69.436. U.S. markets traded in positive territory after General Electric (NYSE: GE) said it would exit most of its lending business and announced it would repurchase up to $50 bilion of its stock, Bloomberg reported. The Dow Jones Industrial Average gained ...

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Navy Awards Huntington Ingalls $604M for Arleigh Burke Destroyer; George Nungesser Comments

Huntington Ingalls HII

Huntington Ingalls Industries (NYSE: HII) has been awarded a $604.3 million contract modification to produce an additional Aegis-guided missile destroyer for the U.S. Navy. The Arleigh Burke-class missile destroyer DDG 121 is the third of five DDG 51 destroyers the company has been tasked to build under a contract awarded in June 2013, ...

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Mike Petters: HII Shipyards to Open On-Site Family Healthcare Centers

Mike Petters

TYSONS CORNER, VA March 30, 2015 — Executive Mosaic — ExecutiveBiz reported Friday on Huntington Ingalls Industries’ (NYSE: HII) plan to set up family health centers at its two shipyards this year. Mike Petters, HII president and CEO, said the company has recruited a third-party provider to manage the clinics, which ...

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