Search Results for: Serco

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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May 29 Market Close: GovCon Index Dips, GDP Data Pushes US Stocks Down

The GovCon Index ended the week with a close in negative territory Friday by 0.453 points to finish at 74.308. As of Monday, Rockwell Collins (NYSE: COL) will take the place formerly held by Exelis on the GovCon Index now that Harris Corp. (NYSE: HRS) has closed its $4.75 billion cash-and-stock purchase of Exelis. U.S. …

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May 27 Market Close: GovCon Index, US Stocks Rebound as Investors Eye Dollar & Greece News

The GovCon Index ended a three-day streak of declines Wednesday as it closed up 0.648 points to end the trading session at 74.834. Bond yields and the U.S. dollar rose on comments from Greece Prime Minister Alexis Tsipras said negotiations with the Eurozone on the country’s debt situation are in the “final stretch, …

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May 26 Market Close: GovCon Index, US Stocks Fall After Durable Good Report’s Release

The GovCon Index recorded a sharp decline Monday with a loss of 1.184 percent to close at 74.199 on a day that saw Engility Holdings (NYSE: EGL) and Serco Inc. as the only Index companies to end the day in positive territory. U.S. markets traded lower Monday after the Commerce Department said …

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May 21 Market Close: GovCon Index Dips, US Stocks Rise on Uneven Economic Reports

The GovCon Index closed with an even mix of gainers and laggers for Thursday’s trading session to record a loss of 0.149 points and close at 75.394. Major U.S. stock indices closed up Thursday after positive earnings reports from Salesforce and Best Buy and gains in energy shares offset economic reports …

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May 12 Market Close: GovCon Index Closes Down, US Markets See Slight Losses

The GovCon Index declined for the second consecutive trading session Tuesday with a loss of 0.421 points to 73.488. Gains in Treasury bonds and energy shares helped offset losses in U.S. markets earlier in a day that saw raw material stocks decline, according to Bloomberg. Bloomberg reports investors believe the Federal Reserve will …

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May 11 Morning Report: GovCon Index Posts Friday Gains

The GovCon Index rallied 1.046 percent to close Friday at 73.943, recovering four days of losses in a row for the week. The Dow Jones Industrial Average gained 1.49 percent to 18, 191.11, the Standard & Poor’s 500 composite index jumped 1.35 percent to 2, 116.09 and the NASDAQ composite index rose 1.17 percent to 5, 003.55. …

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May 8 Market Close: GovCon Index, US Markets Rally 1% on Jobs Report

The GovCon Index recovered an entire week’s worth of losses Friday with a rally of 1.046 percent to close at 73.943. All major U.S. stock indices recorded gains of at least 1 percent after April’s employment report from the Labor Department showed the country added 223, 000 jobs during the month, which the …

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May 5 Market Close: GovCon Index Tumbles 1%, Trade Deficit Report Sinks US Markets

The GovCon Index had two straight days of gains wiped out during Tuesday’s trading session as it closed 1.372 percent lower to end at 73.332. Serco Inc. was the only Index company to close Tuesday in positive territory. News that March’s $51.4 billion trade deficit beat expectations of many market …

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April 29 Market Close: GovCon Index Falls, Economic Growth Report Sends Stocks Down

The GovCon Index mirrored across-the-board losses in U.S. stock markets Wednesday with a decline of 0.678 points to end the day at 74.831. General Dynamics (NYSE: GD), the index’s biggest gainer, saw its stock price jump 3.78 percent after the company reported a 7-percent increase in first quarter 2015 revenue from …

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