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December 1 Morning Report: GovCon Index Up; Cubic Reports Record Earnings

GovConIndexThe GovCon Index closed Wednesday at 70.507, a 0.35 percent increase from Tuesday, continuing its week of gains for the third day in a row heading into the Thanksgiving break.

Cubic Corp. (NYSE: CUB) led Index gainers reporting positive financial results for its fourth quarter and full 2014 fiscal year ended Sept. 30, 2014.

Tech companies carried U.S. major indicators, Reuters said, with the Dow Jones up 0.07 percent to 17, 827.25, the Standard & Poor’s 500 increasing 0.28 percent to 2, 072.83 and the NASDAQ rising 0.61 percent to 4, 787.32.

Top Percentage Gainers

Company Stock Price $ Change % Change
 Cubic Corp.  50.92  $3.85  8.18%
 ICF International  39.52  $1.01  2.62%
 CACI International  88.44  $1.11  1.27%
 Booz Allen Hamilton  26.65  $0.20  0.76%
 BAE Systems Inc.  29.98  $0.20  0.67%

Market Summary

Advancing Issues 17 (56.66%)
Declining Issues 12 (30.00%)
Unchanged Issues 1 (0.03%)

The Executive Mosaic GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.

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