Home / Tag Archives: labor department

Tag Archives: labor department

May 4 Market Close: GovCon Index Down as Job Estimates Weigh on US Markets

GovConIndexDOWN

The GovCon Index slid for a second consecutive session Wednesday by 0.498 points to 75.867 as U.S. financial markets entered sell-off mode on new data that showed a slowdown in hiring for the month of April. Harris Corp. (NYSE: HRS) extended its stretch of declines into a second straight day after the communications …

Read More »

Former ICF SVP Dave Cogar Joins DRT Strategies as President; Susan Kidd Comments

Dave_Cogar

Virginia-based management consulting company DRT Strategies has appointed Dave Cogar as its new president. Cogar joined the company in February and has brought more than 25 years of experience as a P&L executive in line with CEO Susan Kidd’s goals to recruit and position senior leaders to support the company’s growth strategy, DRT said …

Read More »

March 3 Market Close: GovCon Index Extends Climb Ahead of Jobs Report

GovConIndexUP

The GovCon Index held steady in positive territory throughout the trading session Thursday to close at a gain of 0.487 points to 73.711 as U.S. markets anticipated Friday’s jobs report from the Labor Department. Investors also looked at data that showed weekly jobless claims at 278,000 and factory orders climbed 1.6 percent in January …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

December 4 Market Close: GovCon Index, US Stocks Soar on Jobs Numbers

GovConIndexUP

The GovCon Index posted a full rally from the prior day’s losses with a gain of 1.645 percent to 78.284 Friday on a similar surge in U.S. markets after the latest jobs report from the Labor Department. Friday’s climb recovered some damage incurred from Thursday’s plunge to bring the Index to a decline of 0.11 points — or …

Read More »

October 2 Market Close: GovCon Index, US Stocks Swing Positive After AM Losses to Close Up

GovConIndexUP

The GovCon Index recovered from early losses Friday after the release of September’s jobs report to record a gain of 0.689 points and close at 70.664. U.S. stock markets turned sharply negative after the open and remained down for the morning session, then rode a spike in crude oil prices to …

Read More »

October 1 Market Close: GovCon Index Slips Ahead of Friday Jobs Report

GovConIndexDOWN

The GovCon Index kicked off the fourth quarter of calendar year 2015 Thursday with a decline of 0.207 points to 69.975 as U.S. stocks also recorded slight losses ahead of Friday’s jobs report. The Index and three major U.S. stock indices opened in positive territory, sharply turned negative in the late morning portion …

Read More »