Search Results for: Maximus

Weekly Roundup Nov 9 – Nov 13 2015: BAE’s Decision Gives Some US Govt Services M&A Clarity & more

Weekly Roundup Nov 9 – Nov 13 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson What will the U.S. government services market look like when we enter 2016 and who will be in it? We received some clarity to that question early Thursday morning …

Read More »

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 …

Read More »

November 9 Morning Report: GovCon Index Closes Down, US Traders Up Chance of December Rate Hike

The GovCon Index dropped 0.274 points to close Friday at 78.007 after a mixed day for U.S. markets in which the probability of an interest rate hike in December rose to 70 percent following the October jobs report, according to CNBC. The previous week saw the Index end at a nominal gain of 0.053 points. …

Read More »

November 6 Market Close: GovCon Index Drops, US Stocks Mixed as Traders Bet on December Rate Hike

The GovCon Index stuttered after the opening bell Friday morning and settled at a decline of 0.274 points to close at 78.007 on a mixed day for U.S. stocks. U.S. markets have priced in a 70-percent chance the Federal Reserve will raise interest rates at its December meeting after Friday’s …

Read More »

Weekly Roundup Oct 26 – Oct 30 2015: Northrop Records Double Victory w/ 3Q Earnings, Bomber Win & more

Weekly Roundup Oct 26 – Oct 30 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world’s fifth-largest defense contractor received a double-billing of good news this week via third quarter financial results that beat The Street and a landmark contract win …

Read More »

October 26 Market Close: GovCon Index, US Stocks Mixed on Apple & Energy Declines

The GovCon Index closed at a nominal gain of 0.058 points to 75.356 after a strong close to the previous week as declines in energy shares and Apple weighed on U.S. markets. The Index is up 7.8 percent for the month of October so far after a choppy September and third-quarter decline of 3.8 percent. …

Read More »

October 19 Market Close: GovCon Index Trades in Narrow Range as 3Q Earnings Season Arrives

The GovCon Index mirrored a narrow day of trading activity in U.S. markets Monday as it closed at a nominal gain of 0.049 points to 73.293. Large defense contractors in the Index are scheduled to report their third quarter earnings this week with Lockheed Martin (NYSE: LMT) set for Tuesday morning, Boeing …

Read More »

October 19 Morning Report: GovCon Index Posts Nominal Decline

The GovCon Index closed Friday at a nominal decline of 0.069 points to 73.244 for a weekly decline of 1.25 percent after two weeks of positive performance ahead of third quarter earnings season.   U.S. markets posted gains for the third consecutive week amid lower expectations of an interest rate increase, according to the Wall Street Journal. …

Read More »

October 16 Market Close: GovCon Index Neutral, US Stocks Show Nominal Gains

The GovCon Index hovered above and below the gain line on a slow-volume day in U.S. markets Friday to close at a nominal decline of 0.069 points to 73.244. That close puts the Index at a weekly decline of 1.25 percent after two weeks of positive performance before the start of third quarter earnings …

Read More »

October 15 Market Close: GovCon Index, US Stocks Rebound 1% as Fed Rate Hold Confidence Grows

 The GovCon Index bounced back from the previous day’s sharp decline with a gain of 0.676 points to 73.313 Thursday as U.S. investors grew more confident that interest rates will go unchanged for the rest of 2015. Investors based their belief on new economic data that showed the Consumer Price …

Read More »