The GovCon Index closed down slightly 0.078 points to 78.195 with armored truck manufacturer Navistar International (NYSE: NAV) and CSRA (NYSE: CSRA) posting the largest percentage loses. CSRA conducted their fourth-quarter and full-year earnings call yesterday after the market close and posted mixed results, as reported in GovCon Wire. U...
The GovCon Index closed the week up 0.705 points to 77.776 to mirror major market indexes’ gains as fears of a June interest rate hike by the Federal Reserve subsided. The Dow Jones Industrial Average climbed 65.54 points to close at 17, 500.94, the S&P 500 was up 12.28 points to 2, 052.32 and Nasdaq...
As fears of the June Federal Reserve rate hike subsided the GovCon Index and major market indexes closed the week in the positive. The GovCon Index closed at 77.776 up 0.705 points, the Dow Jones Industrial Average was up 65.54 points to close at 17, 500.94, the S&P500 gained 12.28 to 2, 052.32, and the NASDAQ...
The GovCon Index hovered in neutral territory during the final two hours of trade Wednesday and closed at a gain of 0.220 points to 77.591 despite its descent from a strong early afternoon session. The GCI hit volatility in conjunction with the S&P 500 composite index shortly after 2 p.m. upon the release of the Fed...
The GovCon Index held lower throughout Friday trade in a reflection of dim sentiment in U.S. markets and closed down 1.052 percent to 77.038 with many of the GCI’s largest prime contractors as the biggest decliners after a nearly four-day stretch as the drivers of gains. Friday’s close puts the Index at a loss of 0.155&nbs...
May 9 – May 13 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The Pentagon™s top product and services buyer made it official this week that the would no longer advocate for greater authority to regulate GovCon merger-and-acquisition activities that invo...
The GovCon Index fell 0.982 percent — or 0.769 points — to 77.553 as the 30-company list of government contractor stocks was dragged down by the sell-off in U.S. financial markets Friday on disappointing earnings reports from blue chip stocks. All 11 GCI companies co-listed in the S&P 500 composite index closed in nega...
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 hit negative twice during the late morning and noon hours of trade Monday but closed up 0.153 points to 77.359 on gains by healthcare stocks to help offset declines from energy and utility shares on lower oil prices. McKesson Corp. (NYSE: MCK) ended Monday as the GovCon Index’s largest net gainer at $3.36 while ...
The GovCon Index started the first week of May with a gain of 0.493 points to 76.854 in an attempt at a recovery from two days of sharp losses incurred Thursday and Friday for the final days of April trade. Cubic Corp. (NYSE: CUB) closed up 6 cents to $41.63 with 309, 200 shares traded versus the 10-day average...
