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Tag Archives: cubic

November 23 Market Close: GovCon Index 5-Day Gain Streak Snaps, Tech & Transport Losses Weigh on US Markets

The GovCon Index‘s five-day streak of gains ended Monday with a nominal loss of 0.102 points to 79.548 after its best week of a fourth quarter that has seen a strong rally from the three months prior to October. San Diego-based defense and transportation services contractor Cubic Corp. (NYSE: CUB) was …

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October 20 Market Close: GovCon Index Neutral as Lockheed, UTC Kick Off 3Q Defense Earnings Season

The GovCon Index continued to reflect a narrow range of trading activity across U.S. stock markets Tuesday with a nominal decline of 0.052 points to 73.241 as Lockheed Martin (NYSE: LMT) and United Technologies Corp. started the first full week of third quarter earnings season for many Index and other defense-GovCon companies. …

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October 19 Morning Report: GovCon Index Posts Nominal Decline

The GovCon Index closed Friday at a nominal decline of 0.069 points to 73.244 for a weekly decline of 1.25 percent after two weeks of positive performance ahead of third quarter earnings season.   U.S. markets posted gains for the third consecutive week amid lower expectations of an interest rate increase, according to the Wall Street Journal. …

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October 16 Market Close: GovCon Index Neutral, US Stocks Show Nominal Gains

The GovCon Index hovered above and below the gain line on a slow-volume day in U.S. markets Friday to close at a nominal decline of 0.069 points to 73.244. That close puts the Index at a weekly decline of 1.25 percent after two weeks of positive performance before the start of third quarter earnings …

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Transport Scotland Extends Cubic Traffic Support Services Contract

TYSONS CORNER, VA, October 13,  2015 — Scotland’s transportation agency has awarded Cubic (NYSE: CUB) a follow-on contract to provide maintenance and management support to the national trunk road network, ExecutiveBiz reported Monday. The company said Cubic Transportation Systems has been collaborating with the Toronto-based IBI Group through the years to …

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October 12 Market Close: GovCon Index, US Stocks Close Up on Light Volume Day

The GovCon Index gained 0.230 points to 74.428 Monday and mirrored a narrow day of trades for U.S. stocks that saw losses in the morning session followed by gradual gains afterward. Monday was a light volume day for U.S. markets due to the Columbus Day holiday and bond markets were closed, …

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GATR Chooses Cubic Tech for USMC Satcom Antenna

TYSONS CORNER, VA, October 8,  2015 — GATR Technologies has chosen Cubic (NYSE: CUB) company Dtech Labs to provide baseband equipment for the U.S. Marine Corps, ExecutiveBiz reported Wednesday. Dtech will field its M3-SE baseband for pairing with GATR’s portable inflatable satellite communications antenna to make up USMC’s HBSI-PT program of …

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September 21 Morning Report: GovCon Index to Open After Fed Weighs Markets Friday

The GovCon Index fell 1.647 percent to 72.256 on Friday, reflecting declines across major U.S. stock indices amid continued uncertainty about Federal Reserve near-zero interest rates. CGI Group (NYSE: GIB) led the Index companies in positive territory, up 1.06 percent, followed by Cubic Corp. (NYSE: CUB), up 0.61 percent, and Leidos (NYSE: LDOS), up 0.44 …

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September 18 Market Close: Fed Uncertainty Drags GovCon Index, US Stocks 1%

Continued uncertainty about the Federal Reserve‘s Thursday decision to hold interest rates at their current near-zero levels triggered declines of at least 1 percent each for the GovCon Index and major U.S. stock indices. The GovCon Index fell 1.647 percent to 72.256 with only three companies in positive territory: CGI Group (NYSE: GIB) up 1.06 …

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September 17 Market Close: GovCon Index, US Stocks Mixed After Fed Holds Interest Rate

The Federal Reserve‘s decision Thursday to leave short-term interest rates unchanged spurred an afternoon of volatile activity in U.S. markets as the GovCon Index and three major U.S. stock indices ended the day with mixed results. The GovCon Index declined 0.091 points to 73.466 and at one point before the Fed’s announcement sat at a …

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