Search Results for: BAE

November 30 Morning Report: CSRA to Replace CSC in GovCon Index, S&P 500

Federal technology services contractor CSRA (NYSE: CSRA) will replace Computer Sciences Corp. (NYSE: CSC) in the GovCon Index effective Monday morning. The change comes after the completion of CSC’s spinoff of its North American public sector business and that unit’s merger with SRA International. CSRA is based in Falls Church, Virginia, and offers …

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November 27 Market Close: GovCon Index Inches Closer to 80-Point Barrier in Half-Day Session

The GovCon Index recorded a nominal gain for the third consecutive trading day Friday at a rate of 0.180 points to 79.854 in an abbreviated session for U.S. markets after Thanksgiving. Both the New York Stock Exchange and NASDAQ closed at 1 p.m. Friday. The Index last closed at or above 80 points …

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November 25 Market Close: GovCon Index Shows Little Change on Light Volume Day

The GovCon Index treaded in neutral territory on a light-volume day in markets and closed at a nominal loss of 0.007 points to 79.674. U.S. markets are closed Thursday for Thanksgiving and will be open Friday until 1 p.m. Eastern time. Science Applications International Corp. (NYSE: SAIC) and BAE Systems (over-the-counter) showed gains after the …

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November 23 Market Close: GovCon Index 5-Day Gain Streak Snaps, Tech & Transport Losses Weigh on US Markets

The GovCon Index‘s five-day streak of gains ended Monday with a nominal loss of 0.102 points to 79.548 after its best week of a fourth quarter that has seen a strong rally from the three months prior to October. San Diego-based defense and transportation services contractor Cubic Corp. (NYSE: CUB) was …

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Weekly Roundup Nov 16 – Nov 20 2015: A Post-Paris Look at the Global Arms Trade & More

Weekly Roundup Nov 16 – Nov 20 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Investors made a sharp turn this week to defense and other government contracting stocks after the Friday Paris attacks in anticipation of increased activity in the global weapons market. The GovCon …

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November 19 Market Close: GovCon Index Closes Up, US Markets Narrow

The GovCon Index barely edged in positive territory Thursday with a gain of 0.216 points to 78.940 on a choppy trading day for U.S. markets. With a Friday gain, the Index would record a full week of five consecutive positive days for the second time in the fourth quarter so far. Index stock Health Net (NYSE: …

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November 12 Market Close: GovCon Index, US Stocks Plunge on Earnings & Continued Fed Watch

The GovCon Index mirrored the larger selloff and economic growth concerns in U.S. stock markets Thursday with a decline of 1.988 percent to 75.961. Shares in BAE Systems — the Index’s only gainer — climbed 3.3 percent to $27.51 on U.S. over-the-counter markets after the defense contractor said it would retain its U.S. information technology and government services business after a …

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Weekly Roundup Nov 2 – Nov 6 2015: The Numbers Behind Record-Breaking M&A Year, CSC’s US Govt Spinoff Moves Forward & More

Weekly Roundup Nov 2 – Nov 6 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson While government agencies continue to operate at the established levels and tightly control the dollars they have on hand, the stock market is jumping in anticipation …

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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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