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Search Results for: Orbital ATK

March 9 Morning Report: GovCon Index Friday Close Sees 1% Decline

The GovCon Index declined 1.327 percent Friday to close at 68.397 (0.896%), with Intelsat (NYSE: I),  Orbital ATK (NYSE: OA) and Textron (NYSE: TXT) the only companies to record gains. The Dow Jones Industrial Average lost 1.54 percent to 17, 856.78, the Standard & Poor’s 500 composite index declined 1.42 percent to 2, 071.26 and the NASDAQ composite index fell 1.11 percent to …

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March 6 Market Close: GovCon Index Drops 1% as US Dollar Surges, Traders Anticipate Rate Hikes

The GovCon Index mirrored losses in U.S. markets Friday as it fell 1.327 percent to close at 68.397. Intelsat (NYSE: I), Orbital ATK (NYSE: OA) and Textron (NYSE: TXT) were the only companies listed on the index to record gains. The U.S. dollar surged against the euro and the yen while a …

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March 4 Market Close: GovCon Index Dips as US Stocks Retreat

The GovCon Index closed down for the second consecutive day with a loss of 0.46 points to 69.272. All sectors of the S&P 500 ended the day in negative territory on a day that saw U.S. markets end the day with broad-based losses, the Wall Street Journal reported. Investors also considered economic …

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February 24 Market Close: GovCon Index Closes Flat, Traders Watch Fed Chair Remarks

The GovCon Index remained largely level for a second consecutive day as it rose 0.044 points to 71.008. Traders considered Federal Reserve Chair Janet Yellen’s testimony to the Senate Banking Committee, where she indicated the central bank would change its guidance before any interest rate increase, according to the Wall Street Journal. Investors …

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February 23 Morning Report: GovCon Index Closes with Record 8th Day of Gains

The GovCon Index closed Friday at 70.937,  a gain of 0.757 points (1.056%), for its eighth straight day of increase. Stocks at index company Huntington Ingalls Industries (NYSE: HII) jumped 3.53 percent after the Virginia-based shipbuilder recorded positive revenue for the 2014 fiscal year. The Dow Jones Industrial Average gained 154.67 points to 18, 140.44, the Standard & Poor’s 500 …

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February 20 Market Close: GovCon Index Rises as Greece, Creditors Strike 4-Month Deal

The GovCon Index recorded an eight-consecutive day in positive territory Friday as it gained 0.757 points — or 1.056 percent — to close at 70.937. Index company Huntington Ingalls (NYSE: HII), the Virginia-based shipbuilder, saw its stock jump ____ percent after it reported a 2-percent increase in revenue for its full 2014 fiscal …

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February 19 Market Close: GovCon Index Closes Up, Investors Await Friday Greece Meeting

The GovCon Index extended its streak of gains to a fourth consecutive day with a Thursday increase of 0.383 points to 70.180. Investors will watch a meeting in Brussels between government officials from Germany in Greece on terms of a bailout of Greece and energy shares dipped with declines in crude oil prices, according to Bloomberg. …

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February 18 Market Close: GovCon Index, US Stocks Remain Flat as Fed Minutes Go Public

The GovCon Index recorded a relatively flat trading day Wednesday with a nominal gain of 0.18 points to close at 69.798. U.S. traders mulled the release of the Federal Reserve‘s minutes showed the central bank would exercise continued patience before a potential interest rate increase, according to CNBC. Investors also considered news that …

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February 17 Market Close: GovCon Index Stays Level, Greece Talks Continue

The GovCon Index recorded a nominal gain of 0.114 points to 69.617 and mirrored a Tuesday trading day that saw U.S. stocks flunctuate across the board. Negotiations between Greece’s government and the country’s creditors ended Monday without much progress and Greece could run out of cash by March if no deal is reached …

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