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Search Results for: Engility

January 20 Morning Report: GovCon Index Scores Gain on Friday’s Close

The GovCon Index ended a week of trading with an increase of 0.711 points (0.990%) to close at 71.121 on Friday. The Dow Jones Industrial Average reported a 1.10 percent gain to 17, 511.57, the Standard & Poor’s 500 rose 1.34 percent to 2, 019.42 and the NASDAQ composite index jumped 1.39 percent to 4, 634.38. Top Percentage Gainers   …

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January 16 Market Close: GovCon Index Ends Week With Increase, Oil Jumps 5%

The GovCon Index ended the trading week with a gain of 0.711 points — or 0.990 percent — to close at 71.121 on Friday. Energy stocks recovered ground as the price of crude oil increased 4.71 percent on the New York Mercantile Exchange to close at $48.43 and the ratio of gainers-to-laggers on the New York Stock …

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January 15 Market Close: GovCon Index Dips, Banking Sector Losses Drag US Stocks

The GovCon Index recorded a nominal loss of 0.267 points — or 0.381 percent — to close at 70.408 on Thursday. A 1.1-percent decline in the S&P financial sector and worries over how global economic weakness could affect U.S. corporate earnings drove U.S. stocks down, according to Reuters. The Dow Jones …

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January 12 Market Close: GovCon Index Falls, Investors Prep for Earnings Season

The GovCon Index started the week with a loss of 0.512 points — or 0.732 percent — to close at 70.483 on Monday. Investors showed concern over continued declines in oil prices and are preparing to watch the start of quarterly earnings reports, CNBC reports. Crude futures on the New York Mercantile Exchange …

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December 30 Market Close: GovCon Index Records Slight Decline

The GovCon Index was down for the second consecutive day. The index closed Tuesday at 71.520, down 0.150 point, or 0.210 percent. The stock markets closed down with the Nasdaq composite index at 4, 777.44, down 0.61 percent, the Standard & Poor’s 500 at 2, 080.35 down 0.49 percent, and …

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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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December 9 Market Close: GovCon Index Stalls as Concerns Over Greece, China Weigh on Market

The GovCon Index stayed largely flat Tuesday and recorded a tiny increase of 0.112 percent — or 0.079 points — to close a 70.609 on Tuesday in a mixed day across the major stock indices. Investors reacted to China’s decision to limit use of some bonds for loans and Greece’s new …

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November 24 Market Close: GovCon Index Starts Thanksgiving Week With Increase

The GovCon Index kicked off the week of Thanksgiving with a Monday close of 70.122 — up 0.74 percent from Friday’s trading day. According to Bloomberg, investors reacted with confidence to data that signals growth in the U.S. services sectors and consumer confidence, as well as the Chinese central bank’s move last week …

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November 20 Market Close: GovCon Index Stays Flat, US Stocks Rise

The GovCon Index recorded a nominal increase Thursday to close at 69.118 — 0.005 percent up from Wednesday. Bloomberg reported that energy and small-cap shares drove gains across the U.S. stock market Tuesday, increases that offset investors’ worries over weak growth worldwide. A purchasing managers’ index for factories and services activity in the Eurozone reached its lowest …

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