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Search Results for: Serco

December 29 Market Close: GovCon Index Retreats Slightly

After reaching new highs last week, the GovCon Index slid back a bit to close Monday at 71.670, down 0.123 points,  or 0.172 percent. The stock markets closed mixed with the Nasdaq composite index unchanged at 4, 806.91, the Standard & Poor’s 500 up 0.1 percent to 2, 090.57 and the …

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December 23 Market Close: GovCon Index Reaches High for Month as GDP Data Shows Gains

The GovCon Index reached a new high for the month of December with a gain of 0.187 points — or 0.261 percent — to close at 71.467 on Tuesday. Investors appeared to show confidence after the Commerce Department said U.S. gross domestic product grew at a 5-percent annual rate between July and September, …

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December 22 Market Close: GovCon Index Hits 30 for 30 in 1% Climb

The GovCon Index started the week of Christmas with a gain of 0.903 points — or 1.250 percent — to close at 71.280 on Monday. All 30 companies on the GovCon Index recorded gains in a day that saw the index extend its streak of gains to a fourth consecutive trading day. An increase in …

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The Deals, Moves and Shakeups That Drove GovCon in 2014

EDITORS NOTE: The piece below is a special edition of the Weekly Roundup newsletter written by Jim Garrettson, president and founder of this website’s parent company Executive Mosaic, to recap the biggest stories in the GovCon sector for 2014. In this year-end issue, Jim wraps up the year with a …

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Navy Awards 5 Spots on Operations, Maintenance Services Contract

The U.S. Navy has awarded positions on a potential $40, 716, 029 contract to five companies for support services on operations and maintenance projects. The Defense Department said Thursday will provide professional, technical and administrative support services to the deputy chief of naval operations. A majority of the work will occur in Virginia …

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December 10 Market Close: GovCon Index Tumbles, SAIC Jumps for 2nd Straight Day

The GovCon Index tumbled 2.055 percent — or 1.394 points — to close at 69.214 on a Wednesday that saw only two out of 30 companies on the index show gains: Science Applications International Corp. (NYSE: SAI) and Serco Inc. SAIC’s stock price increased for a second consecutive day after the company said its third-quarter revenue increased 2 …

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December 1 Market Close: GovCon Index Starts Month With Loss

The GovCon Index kicked off the final month of 2014 with a decline of 0.826 percent — or 0.574 points — to 70.058 on Monday. Lower-than-expected sales over Thanksgiving weekend and a decline in Supply Management’s national factory activity index for October drove stock prices downward, CNBC reported. Laggers led gainers by a three-to-one ratio …

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November 25 Market Close: GovCon Index Reaches New High

The GovCon Index reached a new high to 70.341, up 0.309 percent, while both Dow Jones Industrial and S&P 500 finished slightly down -0.02 percent and -0.12 percent,  respectively. The energy sector weighted on the board with oil prices hitting a four-year low.     Top Percentage Gainers Company Stock Price $ Change % …

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November 12 Market Close: GovCon Index Continues Week’s Upward Crawl

The GovCon Index continued its stretch this week of nominal gains to a third consecutive day as it ended Wednesday’s trading day at 68.578 — an increase of 0.279 percent over Tuesday’s figure. Reuters cited declines in energy stocks and financial shares as among the reasons behind the decreases in two out …

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