Home / Search Results for: textron (page 23)

Search Results for: textron

August 13 Market Close: GovCon Index Up, US Stocks Mixed on Economic Data

The GovCon Index regained some ground after two straight days of declines to close at a gain of 0.138 points to 76.493. U.S. stocks hovered around the gain line in the final hour of trading for a second consecutive day as investors considered data that showed retail sales climbed 0.6 percent in July and …

Read More »

August 10 Market Close: GovCon Index, US Stock Indices Climb 1% on Oil Rebound

The GovCon Index rebounded from two straight days of declines Monday to record a gain of 1.428 percent and close at 77.328. All three major U.S. stock indices also each advanced at least 1 percent Monday as investors gained confidence from a rise in oil prices despite a report that showed …

Read More »

July 28 Market Close: GovCon Index Rides 3-Digit Dow Rally, Energy Leads US Stock Gains

The GovCon Index snapped a five-day streak of losses Tuesday with a rebound of 1.244 percent to close at 75.127 on a day that saw the major U.S. stock indices record gains of nearly similar margins. Energy shares were the largest gainers in the S&P 500 at a 3-percent jump for …

Read More »

Wall Street Journal: UTC, Lockheed in Advanced Talks for Potential $8B Deal on Sikorsky

United Technologies Corp. (NYSE: UTX) and Lockheed Martin (NYSE: LMT) are nearing a potential deal for the sale of UTC’s Sikorsky Aircraft business to Lockheed for at least $8 billion, the Wall Street Journal reported Friday. Dana Mattioli, Ted Mann and Doug Cameron write that the proposed acquisition would be …

Read More »

July 9 Market Close: GovCon Index, US Stocks Rebound Ahead of Greek Proposal Deadline

The GovCon Index bounced back from the prior day’s losses on Thursday to close at a gain of 0.572 points and end at 74.650. Financial shares recovered ground from Wednesday’s declines as investors waited to see if Greece would meet its Thursday midnight deadline to give European leaders a plan for spending …

Read More »

Gregory Hayes: UTC to Decide on Sikorsky Spinoff or Sale Move in ‘Coming Weeks’

United Technologies Corp. (NYSE: UTX) will leave the helicopter manufacturing business through a separation of its Sikorsky Aircraft business in a move UTC expects to complete by the end of its third quarter. “Over the coming weeks, we’ll determine whether a spinoff or direct sale is the best way to enhance Sikorsky’s long-term success …

Read More »

June 10 Market Close: GovCon Index Rises 1%, Bank Gains Lift US Market

The GovCon Index bounced back from a two-day stretch of losses Wednesday to record a gain of 1.675 percent — or 0.944 points — and close at 76.252. U.S. stocks rose with banks and financial stocks as among the drivers of Wednesday’s trading activity and investors also cheered news that Greece and …

Read More »

May 6 Market Close: GovCon Index, US Stock Losses Deepen on Job Estimates

The GovCon Index declined for the second consecutive day Wednesday to record a loss of 0.155 points and close at 73.147. Health Net (NYSE: HNT) led gainers in the Index at 1.81 percent after the company reported a 28-percent revenue increase year-over-year for its fiscal year 2015 first quarter. U.S. …

Read More »

April 28 Market Close: GovCon Index Rebounds, US Investors Await Fed Meeting

The GovCon Index ended a three-day streak of declines Tuesday to record a gain of 0.226 points and close at 75.530. U.S. markets traded downward during the morning session but recovered during the afternoon as investors prepare to digest news from the Federal Reserve‘s two-day meeting that starts Tuesday, according …

Read More »

April 16 Market Close: GovCon Index Stuck in Neutral, US Stocks Dip

The GovCon Index recorded a nominal gain for the second consecutive trading day to the tune of 0.064 points for a closing figure of 76.092. U.S. stocks saw nominal losses despite gains in the oil market during the afternoon session and positive earnings reports from financial services firms Citigroup and Goldman Sachs, the …

Read More »