Search Results for: Serco

Weekly Roundup Oct 5 – Oct 9 2015: CNBC’s Jim Cramer Talks Up Defense Stocks as 3Q Earnings Season Looms & more

Weekly Roundup Oct 5 – Oct 9 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson One of the most listened-to voices in business media singled out the defense sector and one of its biggest players as among the best performers during recent …

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October 8 Market Close: GovCon Index, US Stocks Reverse AM Losses After Fed Minutes Go Public

The GovCon Index turned around heavy losses incurred in the morning and early afternoon portions of trading Thursday to close at a gain of 1.303 percent to 73.773. U.S. stocks started to trade higher from 2 p.m. Eastern time after the release of the Federal Reserve‘s September meeting minutes that …

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Weekly Roundup Sept 28 – Oct 2 2015: Frank Kendall’s Outlook on Defense Sector Consolidation & More

Weekly Roundup Sept 28 – Oct 2 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The military’s chief weapons buyer sought to throw cold water this week on the idea of consolidation among the U.S.’ largest prime contractors in a year that has …

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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 29 Market Close: GovCon Index Closes Up, Remains in Correction After Volatile Day

The GovCon Index regained some ground Tuesday with a gain of 0.244 points to 69.099 on a volatile day for U.S. markets as stocks attempted to reach stability. The Index is down 10.41 percent from its most recent high on July 16 to remain in correction territory and all three major U.S. …

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Weekly Roundup Sept 21 – Sept 25 2015: ULA Acquisition Talk Bubbles Again, OPM’s Latest Hack Revelation & more

Weekly Roundup Sept 21 – Sept 25 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Could GovCon see at least one more blockbuster merger-and-acquisition deal in 2015? One week after Aerojet Rocketdyne’s $2 billion bid for the United Launch Alliancewas rejected, the propulsion technology …

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September 21 Market Close: GovCon Index Up, US Stocks Steady as Post-Fed Decision Week Starts

The GovCon Index kicked off the first full week of trading since the Federal Reserve‘s Thursday decision to hold interest rates with a decline of 0.098 points to 72.354 on a light-volume day in U.S. markets. Biotechnology stocks dragged U.S. stocks up until the 1 p.m. Eastern time hour then all …

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Weekly Roundup Sept 14 – Sept 18 2015: 2015 GovCon Award Nominations Are In, No Deal for ULA & more

Weekly Roundup Sept 14 – Sept 18 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The list of this year’s Greater Washington Government Contractor Award finalists came out this week and the category of companies with more than $300 million in annual revenue …

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September 17 Market Close: GovCon Index, US Stocks Mixed After Fed Holds Interest Rate

The Federal Reserve‘s decision Thursday to leave short-term interest rates unchanged spurred an afternoon of volatile activity in U.S. markets as the GovCon Index and three major U.S. stock indices ended the day with mixed results. The GovCon Index declined 0.091 points to 73.466 and at one point before the Fed’s announcement sat at a …

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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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