Search Results for: Leidos Holdings

December 3 Market Close: GovCon Index Continues Climb

The GovCon Index continued its post-Thanksgiving climb for a second consecutive day with a Wednesday closing figure of 70.834 — an increase of 0.799 percent, or 0.571 points from Tuesday. Investors reacted to a report from the ADP Research Institute that says companies added 208, 000 employees during November and that …

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November 17 Market Close: GovCon Index Kicks Week Off With Small Loss

The GovCon Index started the new trading week with a Monday close of 68.753 — a decline of 0.247 percent, or 0.169 points. Stocks on the three major market indices remained level as well in a day that saw reports surface of Japan’s extended recession and a decrese in small-cap shares, according …

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November 10 End of Day Report: GovCon Index Holds Relatively Level From Friday’s Close

The GovCon Index ended Monday’s trading day at 68.240 — a nominal increase of 0.311 percent from Friday, or 0.213 points. CNBC reported that the Dow Jones Industrial Average and S&P 500 composite index both closed Monday at record highs on the heels of positive earnings reports and price increases of healthcare stocks during the trading day. The Dow …

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November 10 Morning Report: GovCon Index to Open at 68.027

The GovCon Index closed Friday at 68.027 points, a decrease from Thursday’s trading by 0.459 points — or 0.679 percent. Bloomberg reported relatively flat figures on the stock market after new economic data showed a dip in the unemployment rate during October to a six-year low and job creation figures for the month that were lower …

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November 7 End of Day Report: GovCon Index Down on Thursday’s Close

The GovCon Index closed Friday at 68.027 points, a decrease from Thursday’s trading by 0.459 points — or 0.679 percent. Bloomberg reported relatively flat figures on the stock market after new economic data showed a dip in the unemployment rate during October to a six-year low and job creation figures for the month that were lower …

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November 5 Morning Report: GovCon Index Up on Tuesday’s Close

The GovCon Index closed Tuesday at 68.521, slightly up 0.082 or 0.120 percent. U.S. stocks ended mixed on the back of anxious investors over the congressional elections and an oil price drop, CNBC reported Tuesday. The Dow Jones Industrial Average went up 17.60 points, or 0.1 percent, to 17, 383.84, while …

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Executive Mosaic Launches GovConIndex

Executive Mosaic Inc. has launched the Executive Mosaic GovConIndex; a composite index that tracks 30 of the leading publicly traded Government Contracting (GovCon) Companies. The goal of the index is to measure the health and performance of the GovCon industry through changes in the aggregate price of the component stocks. The represented …

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SAIC Board Approves 5M Share Buyback Plan; Tony Moraco Comments

Science Applications International Corp.’s (NYSE: SAI) board of directors has approved a plan to repurchase up to 5 million shares of the company’s common stock. SAIC has also declared a cash dividend of 28 cents per outstanding share on the company’s common stock, SAIC said Thursday. Leidos Holdings (NYSE: LDOS) and …

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SAIC Board OKs Spinoff Plan, Sets Date for Split; Tony Moraco Comments

Science Applications International Corp.‘s (NYSE: SAI) board of directors has approved the company’s plan to complete the spinoff of its services business after the market closes Sept. 27. SAIC will change its name to Leidos Holdings and the services business will be held by SAIC Gemini, which will be renamed Science …

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Weekly Roundup: HHS Hires CIO, DoD Absorbs DARPA, DHS Selects 8, ECS and Serco Strike Big Deals

This week, Jose Arrieta was confirmed as the chief information officer for the Department of Health and Human Services. Arrieta confirmed his appointment on Thursday during the Association for Federal Information Resources Management’s Leadership Awards event. In Virginia news, it was also revealed that President Trump intends to nominate Ken …

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