The GovCon Index fell into narrow range in afternoon trade Tuesday and closed at a nominal loss of 0.099 points to 79.190 as global investors continued to gauge the possibility of Britain’s departure from the European Union in a Thursday referendum there with new polls indicating a close vote either way. Many lead GCI gainers fr...
The GovCon Index stretched its current streak of gains to five Tuesday by 0.212 points to 79.746 on an upgrade to L-3 Communications (NYSE: LLL) and a spike in Navistar International (NYSE: NAV) shares despite a full-year revenue guidance cut. Credit Suisse lifted its target price on L-3 to $169.00 and held a “Buy” rating on...
The GovCon Index started the month of June with a gain of 0.507 points to 78.613 Wednesday as U.S. investors digested several reports to gauge the country’s economy ahead of Friday’s jobs report and Federal Reserve Chair Janet Yellen’s Monday speech. Lockheed Martin (NYSE: LMT) added $1.85 — or 0.78 p...
The GovCon Index closed Friday with a 0.395-percent gain, climbing 0.309 points to 78.504. CSRA (NYSE: CSRA) was GCI’s top percentage gainer and posted a close of 24.88 — up 2.94 percent to rebound from the previous two days of losses. The Index’s gain mirrored those of the S&P 500, Dow Jones Industrial Aver...
The GovCon Index closed up 0.309 points to 78.504 with CSRA (NYSE: CSRA) rebounding from the previous two days loses to close at 24.88 up 2.94 per cent. Both WTI and Brent crude oil futures slipped for the second. Top GovCon Index Net Gainers Symbol Company $ Current Price Net Change –´ % Change CACI CACI Intern....
The GovCon Index nudged out a gain of 0.081 points to 78.273 Wednesday on contributions from Boeing (NYSE: BA) and armored truck manufacturer Navistar International (NYSE: NAV). Boeing surged 1.07 percent and Navistar rose 9.09 percent, while shipbuilder Huntington Ingalls Industries (NYSE: HII) rebounded by one-ha...
The GovCon Index consistently traded lower for the entirety of Monday trade and closed at a decline of 0.509 points to 77.267 with U.S. financial markets choppy in light of a sharp gain by Apple and speculation among investors about potential interest rate hikes this year. Boeing (NYSE: BA) nudged out a gain of 24 cents and CAE...
The GovCon Index felt the pressure from U.S. investor worries about a potential interest rate hike in June and closed at a decline of 0.520 points to 77.071. CAE (NYSE: CAE) was one of the GovCon Index’s lone bright spots with a gain of 2.65 percent after the Montreal-based aerospace and defense contractor posted full-year and f...
The GovCon Index received a boost from large defense primes on a rebound in commodity prices Tuesday to close at a surge of 1.245 percent to a new three-month high of 78.322, which also extends the GCI’s current streak of gains to four sessions. Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Huntin...
The GovCon Index closed Friday with a 0.634-point increase to 7.206 amid buying activity in U.S. financial markets. The GCI also posted a weekly gain of 0.845 points as earnings reports from contractors over the past week — including Huntington Ingalls Industries (NYSE: HII), Engility Holdings (NYS...
