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Search Results for: Cubic

October 12 Market Close: GovCon Index, US Stocks Close Up on Light Volume Day

The GovCon Index gained 0.230 points to 74.428 Monday and mirrored a narrow day of trades for U.S. stocks that saw losses in the morning session followed by gradual gains afterward. Monday was a light volume day for U.S. markets due to the Columbus Day holiday and bond markets were closed, …

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Iron Mountain to Open Federal Records Storage Space in Sterling

TYSONS CORNER, VA, October 9,  2015 — Iron Mountain (NYSE: IRM) will open a new 500, 000-cubic-foot storage facility for government records management in Sterling, Virginia, on Oct. 13, ExecutiveBiz reported Thursday. Leases for storage space will be offered to federal agencies looking to comply with federal policies that mandate footprint reduction …

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September 21 Morning Report: GovCon Index to Open After Fed Weighs Markets Friday

The GovCon Index fell 1.647 percent to 72.256 on Friday, reflecting declines across major U.S. stock indices amid continued uncertainty about Federal Reserve near-zero interest rates. CGI Group (NYSE: GIB) led the Index companies in positive territory, up 1.06 percent, followed by Cubic Corp. (NYSE: CUB), up 0.61 percent, and Leidos (NYSE: LDOS), up 0.44 …

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September 18 Market Close: Fed Uncertainty Drags GovCon Index, US Stocks 1%

Continued uncertainty about the Federal Reserve‘s Thursday decision to hold interest rates at their current near-zero levels triggered declines of at least 1 percent each for the GovCon Index and major U.S. stock indices. The GovCon Index fell 1.647 percent to 72.256 with only three companies in positive territory: CGI Group (NYSE: GIB) up 1.06 …

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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 15 Market Close: GovCon Index, US Stocks Jump 1% on Day Before Fed Meeting

The GovCon Index jumped 1.186 percent to 73.185 Tuesday in the last trading session before the Federal Reserve’s meeting set to take place Wednesday through Thursday. All three major U.S. stock indices rose at least 1 percent each as U.S. investors considered retail sales and industrial production data that fell below many …

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September 14 Market Close: GovCon Index, US Stocks Fall on China Selloff

The GovCon Index hit a setback Monday after two consecutive sessions of gains to record a loss of 0.367 points and close at 72.333. A selloff in Chinese markets triggered declines in U.S. markets Monday after data showed that country’s factory production and fixed-asset investment activity in August missed the consensus …

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Weekly Roundup Sept 7 – Sept 11 2015: PSC’s Impending Leadership Transition & more

Weekly Roundup Sept 7 – Sept 11 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson An association that represents the government services sector has previewed an impending leadership transition in the same year that the defense industry’s main trade group also announced its own change …

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August 31 Morning Report: GovCon Index Closes Friday in the Positive

The GovCon Index ended four days of volatile trading last week with an  increase of 0.158 points to 72.983 on Friday’s close. The Dow Jones Industrial Average decreased 11.76 points to 16, 643.01, the Standard & Poor’s 500 composite index gained 1.21 points to 1, 988.87 and the Nasdaq composite index added 15.62 points to 4, 828.33. …

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August 28 Market Close: GovCon Index Closes in Green to End Volatile Week

The GovCon Index closed Friday up 0.158 points to 72.983 on a relatively quiet day for U.S. markets compared to the volatility from the prior four days. With Friday’s close, the Index ended the week with a nominal gain of 0.012 points from its Aug. 21 close of 72.971. The Index is currently down …

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