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The GovCon Index ended the week in negative territory to close at a loss of 0.272 points and end at 77.103. Index company Honeywell (NYSE: HON) saw its share price jump nearly 2 percent after the company reported an increase of $1.51 earnings per share for its second fiscal quarter, up 9 percent from the prior...
The GovCon Index closed slightly down today with a loss of 0.035 points to end the Wednesday trading day at 76.835. The GovCon Index spent most the trading day in the positive, however it dipped late in the day following the major U.S. markets on concerns of the Federal Reserve raising interest rate, and the...
The GovCon Index closed at a loss in its first session post-Fourth of July weekend to record a decline of 0.117 points and end at 74.604 Monday. Uncertainty over the debt negotiations in Greece weighed on U.S. stocks Monday after two-thirds of Greek citizens voted “no” on a proposal from the country’s creditors on a bai...
The GovCon Index closed in negative territory for the third consecutive day Thursday with a loss of 0.264 points to end at 76.030. Losses in the transportation and biotechnology sector sent U.S. stocks slightly down Thursday and many investors attributed the trading activity and volume to uncertainty over negotiations between...
The GovCon Index more than tripled its gains from the previous two trading days to record a climb Wednesday of 0.712Â points and close at 77.150. U.S. investor confidence grew during Wednesday’s trading session after the Federal Reserve said it thought the economy would be strong enough to handle an interest rate increase this year,...
The GovCon Index continued its climb from Monday’s large decline in Wednesday’s trading session to close up 0.190 points and end at 76.438. Investors reacted positively to comments from Federal Reserve officials that they are holding to their forecast of an interest rate hike by...
The GovCon Index recovered some losses incurred from the previous day’s session to record a gain of 0.444 points and close at 76.250 Tuesday. ManTech International (Nasdaq: MANT) led all Index gainers with a 3.94-percent jump after the company said it would purchase cybersecurity consulting firm KCG. Accordi...
The GovCon Index ended a three-day streak of declines Wednesday as it closed up 0.648 points to end the trading session at 74.834. Bond yields and the U.S. dollar rose on comments from Greece Prime Minister Alexis Tsipras said negotiations with the Eurozone on the country’s debt situation are in the “f...
The GovCon Index ended Thursday’s trading session with a nominal gain of 0.015 points to 73.162 as U.S. stocks recorded slight gains ahead of Friday’s payrolls report. Richard Sichel, chief investment officer at Philadelphia Trust Co., told Bloomberg the jobs data from the Labor Department could be ...
The GovCon Index recorded an increase for the second consecutive day as it closed up 0.323 points to end the day at 76.078. U.S. stock markets recorded a mixed day after a new slate of financial reports from many blue chip companies showed they beat Wall Street estimates on earnings per share but missed projections for revenu...
