Search Results for: Serco

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 …

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June 8 Morning Report: GovCon Index Up on Friday’s Close

The GovCon Index closed Friday on positive territory 0.035 points at 75.953.   The Dow Jones Industrial Average was down 56.12 points to 17, 849.46, the Standard & Poor’s 500 composite index fell 3.01 points to 2, 092.83 and the NASDAQ composite index was up 9.33 points to 5, 068.46. Top Percentage Gainers   Company …

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June 5 Market Close: GovCon Index, US Stocks Stay Flat After Payroll Data

The GovCon Index hovered in slight positive territory Friday to record a nominal gain of 0.035 points and close at 75.953. U.S. stock markets closed with mixed results Friday after the Bureau of Labor Statistics said nonfarm businesses added 280, 000 jobs in May and the unemployment rate saw little change at 5.5 …

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June 2 Market Close: GovCon Index, US Stocks Trade in Narrow Range as Greece Debt Pact Emerges

The GovCon Index closed with a nominal loss Tuesday and finished at a slight decline of 0.116 points to end at 76.67. U.S. stock indices ended Tuesday’s trading session with nominal declines as investors learned Greece and its creditors have agreed on a new deal to present this week, according to CNBC. The Dow …

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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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