Search Results for: Engility

May 6 Market Close: GovCon Index, US Stock Losses Deepen on Job Estimates

The GovCon Index declined for the second consecutive day Wednesday to record a loss of 0.155 points and close at 73.147. Health Net (NYSE: HNT) led gainers in the Index at 1.81 percent after the company reported a 28-percent revenue increase year-over-year for its fiscal year 2015 first quarter. U.S. …

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April 14 Market Close: GovCon Index Down on Mixed Day for US Stocks

The GovCon Index mirrored a mixed day for U.S. stocks Tuesday as it closed down 0.105 points to 76.004. Bloomberg cited increases of energy shares in tandem with oil prices and a decline in technology stocks as among the drivers of Tuesday’s trading activity. The Dow Jones Industrial Average climbed …

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April 8 Market Close: GovCon Index Up, Markets Flunctuate as Fed Minutes Show Split Over Rate Hike

The GovCon Index closed up Wednesday with a gain of 0.293 points to 69.277 on a day that saw U.S. stocks fluctuate after the release of the Federal Reserve‘s March meeting minutes. Those minutes indicate a split in the Federal Open Market Committee’s membership over when the central bank would raise interest …

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April 6 Market Close: GovCon Index Starts Post-Easter Week With 1% Gain

The GovCon Index rose 0.604 percent Monday to close at 69.261 on a day that saw low-trading activity by U.S. investors and many other markets worldwide closed for Easter Monday. U.S. traders had an extra day to consider the Labor Department‘s March payrolls report since markets were closed for Good Friday and will watch initial …

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April 1 Market Close: GovCon Index Extends Decline, Jobs Report Sends Stocks Down

The GovCon Index fell for a second consecutive day Wednesday as it recorded a loss of 0.471 points to 68.596. U.S. markets entered negative territory after the ADP Research Institute said companies added 189, 000 workers to payrolls in March, which missed estimates of many economists, according to Bloomberg. Bloomberg also cited …

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March 25 Market Close: GovCon Index Nosedives After Durable Goods Report Shows Decline

The GovCon Index closed in negative territory for the third consecutive day this week with a loss of 2.271 percent to end up at 68.195. Engility Holdings (NYSE: EGL) and Navistar (NYSE: NAV) were the only Index companies to see their stock prices rise Wednesday. U.S. stock markets largely went into selloff mode after the Commerce Department said durable …

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March 23 Morning Report: GovCon Index Closes Friday with Gains

The GovCon Index posted gains of 0.817 points (1.152%) Friday to close at 70.116, with majority of index companies reporting an increase in stock prices. Reports that Greece could receive additional funding from the European Union saw the U.S. dollar weaken versus the Euro, according to Bloomberg. The Dow Jones Industrial Average increased 168.36 points to 18, 127.39, the …

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March 20 Market Close: GovCon Index Closes Up 1%, Dollar Weakens on Greece Speculation

The GovCon Index rode across-the-board gains of U.S. stocks Friday to record a climb of 1.152 percent — or 0.817 points — and close at 70.116. Twenty-seven out of 30 total index companies saw their stock prices close in positive territory. Investors reacted to comments by a European Union official that Greece could …

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March 18 Market Close: GovCon Index, US Markets Rally After Fed Statement

The GovCon Index rode across-the-board gains in U.S. stock market Wednesday with a rise of 0.714 points — or 1.016 percent — to 69.558. As many investors expected, the Federal Reserve removed the word “patient” in its guidance on the next interest rate increase but the central bank also signaled it would wait to raise …

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March 12 Market Close: GovCon Index Climbs Back, Dollar Weakens

The GovCon Index re-entered positive territory Thursday with a gain of 1.129 percent to close at 68.484. A report that showed a decrease in retail sales in February and a decline in the dollar versus Euro drove investor speculation that the Federal Reserve could adjust its stance on when it could next …

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