Search Results for: "Computer Sciences"

November 9 Morning Report: GovCon Index Closes Down, US Traders Up Chance of December Rate Hike

The GovCon Index dropped 0.274 points to close Friday at 78.007 after a mixed day for U.S. markets in which the probability of an interest rate hike in December rose to 70 percent following the October jobs report, according to CNBC. The previous week saw the Index end at a nominal gain of 0.053 points. …

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November 6 Market Close: GovCon Index Drops, US Stocks Mixed as Traders Bet on December Rate Hike

The GovCon Index stuttered after the opening bell Friday morning and settled at a decline of 0.274 points to close at 78.007 on a mixed day for U.S. stocks. U.S. markets have priced in a 70-percent chance the Federal Reserve will raise interest rates at its December meeting after Friday’s …

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CSC US Govt-SRA Combination Unveils Business Plan, Exec Team & Board to Investors

The company being formed out of Computer Sciences Corp.’s (NYSE: CSC) U.S. government business and SRA International has revealed more details of its business plan in Wednesday filings with the Securities and Exchange Commission and a presentation to investors in New York held Thursday. As previously covered this week here, the combined company …

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CSC Sets Nov. 27 as NA Public Sector Spinoff Date, SRA Deal to Close Nov. 30

Computer Sciences Corp. (NYSE: CSC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has scheduled Nov. 27 as the date it expects to complete the spinoff of the company’s North American public sector business, CSC said Wednesday. The technology services company also has set Nov. 30 for the closure of …

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November 4 Market Close: GovCon Index, US Stocks Dip After Fed Chair Hints at December Rate Hike

The GovCon Index held in negative territory after brief gains in the morning and mid-afternoon trading sessions Wednesday and closed down 0.153 points to 77.796. U.S. stocks turned downward after Federal Reserve Chair Janet Yellen told House lawmakers a move to raise short-term interest rates at the central bank’s December meeting was a …

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November 2 Morning Report: October Ends as GovCon Index’s Strongest Month in 2015

The GovCon Index closed Friday with a decline of 0.244 points to 77.274 but ended with October as its strongest month for 2015 with a gain of 10.56 percent. A series of third-quarter earnings reports from 10 listed companies that met or exceeded consensus Wall Street forecasts bolstered the Index’s performance in the past month. …

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October 30 Market Close: GovCon Index Dips, Closes Strongest Month for Year

The GovCon Index entered positive territory in the early afternoon session Friday but gave back gains to close at a decline of 0.244 points to 77.274. October ends as the Index’s strongest month for 2015 with a gain of 10.56 percent spurred by a series of third quarter earnings reports from listed companies …

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September 30 Market Close: GovCon Index Exits Correction Zone, US Stocks Rally

The GovCon Index climbed out of correction territory Wednesday with a rise of 1.566 percent to 70.181 that concludes the Index’s second-worst month since its October 2014 inception. The Index declined 2.64 percent from its Aug. 31 close of 72.091 and fell 5.14 percent for the calendar year 2015 third quarter, which the Wall Street Journal …

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September 25 Market Close: GovCon Index, S&P 500 Give Back AM Gains

The GovCon Index failed to hold onto its gains in Friday morning’s trading session as it closed down 0.298 points to 70.480 and record its second consecutive weekly loss. The Index was up 0.8 percent at around 10:30 a.m. Eastern time and mirrored similar activity in the S&P 500 composite index, which climbed as …

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September 10 Market Close: GovCon Index, US Stocks Ride Oil Bounce to Modest Gain

The GovCon Index recorded a modest gain in Thursday’s trading session at 0.204 points up to 72.278. CNBC reported crude oil rose $1.77 — or 4.01 percent — to $45.92 a barrel in New York a day after the commodity fell 3.9 percent and maintained its gains despite a report that showed weekly inventory beat the consensus …

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