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Search Results for: Leidos Holdings

October 23 Market Close: GovCon Index Extends Climb, US Stocks Up on Earnings & China Rate Decision

The GovCon Index extended its current rally into a second day with a gain of 1.057 percent to 75.312 as investors continued to mull earnings reports from S&P 500 stocks, 11 of which are also listed in the Index. For the week, the Index recorded a gain of 6.32 percent on third quarter earnings reports above Wall Street …

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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 16 Market Close: GovCon Index, US Stocks Climb as Fed Meeting Starts

The GovCon Index extended its gains from the previous day’s trading session with a rise of 0.372 points to 73.557 Wednesday as the Federal Reserve started its highly-anticipated two-day meeting on monetary policy. Energy stocks climbed with oil prices after a report showed U.S. crude stockpiles fell by 2.1 million …

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September 8 Market Close: GovCon Index, Major US Stock Indices Surge 2%

The GovCon Index started its first full trading week in September with a rise of 2.505 percent to 72.752 Monday as U.S. markets also rebounded from sharp losses incurred Friday. With Monday’s close, the Index is 4.17 percent down from its Aug. 4 close of 75.916 and has recovered 4.51 percent from its three-month low of …

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August 10 Morning Report: GovCon Index Down on Friday’s Close

The GovCon Index closed Friday with a loss of 0.258 points to 76.239. Engility Corp. (NYSE: EGL) led gainers with a jump of 37.92 percent following a positive second quarter earnings report to close the week at 30.44. The Dow Jones Industrial Average declined 46.37 points to 17, 373.38, the Standard & Poor’s 500 composite index …

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August 7 Market Close: GovCon Index Dips, Earnings News Lifts Engility, US Stocks Down

The GovCon Index failed to hold its gains from the week’s worth of trading as it closed Friday with a loss of 0.258 points to 76.239. Engility Corp. (NYSE: EGL) shares skyrocketed 37.92 percent to 30.44 Friday after the government services contractor reported second quarter earnings that surpassed Wall Street’s consensus forecasts. Continued …

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August 5 Market Close: GovCon Index Climbs, US Stocks Neutral on Oil Losses & Tech Earnings Reports

The GovCon Index showed strong movement after three days of flat activity to record a gain of 0.672 points and close at 76.807. Leidos (NYSE: LDOS) closed up 8.80 percent to $44.01 after the Reston, Va.-based contractor reported second quarter earnings that beat Wall Street consensus estimates. U.S. stocks traded in …

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July 29 Market Close: GovCon Index Extends Climb, US Stocks Move Up After Fed Reports Economic Improvement

The GovCon Index gained at least a full point for the second consecutive trading session Wednesday with a gain of 1.949 percent — or 1.464 points — to close at 76.592. General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) both posted second quarter results that beat Wall Street expectations, Bloomberg reported. …

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July 21 Market Close: GovCon Index, US Stocks Plunge on Earnings Results

The GovCon Index mirrored across-the-board declines in U.S. stock markets Tuesday with a loss of 1.302 percent to close at 76.143. Investors reacted negatively to earnings reports from blue chip stocks such as IBM (NYSE: IBM), United Technologies (NYSE: UTX) and Verizon (NYSE: VZ) that either missed forecasts by many market analysts or …

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June 1 Morning Report: GovCon Index Down on Friday’s Close

The GovCon Index closed Friday with a loss of 0.453 points to end the last week of May at 74.308. Harris Corp. (NYSE: HRS) has finalized its $5 billion purchase of Exelis,  whose place on the GovCon Index will now be occupied by Rockwell Collins (NYSE: COL) starting today. The Dow Jones Industrial Average declined 99.23 points to 18, 026.89, the …

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