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Tag Archives: energy

December 11 Market Close: GovCon Index, US Stocks Plummet on Oil & Fed Jitters

The GovCon Index failed to sustain its rebound and mirrored sell-offs in the larger U.S. market Friday with a loss of 1.288 percent to 75.751. For the week, the Index recorded a decline of 3.236 percent but still holds in positive for the fourth quarter-to-date at a gain of 11.643 percent. …

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December 7 Market Close: GovCon Index Plummets as Oil Price Declines Sink US Markets

The GovCon Index followed across-the-board declines in U.S. markets Friday with a loss of 0.307 points to 78.031 and only five out of 30 contractors that ended the day with gains. U.S. stocks tumbled as crude oil in New York settled down 5.8 percent to a new six-and-a-half-year low of $37.65 a barrel, …

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December 4 Market Close: GovCon Index, US Stocks Soar on Jobs Numbers

The GovCon Index posted a full rally from the prior day’s losses with a gain of 1.645 percent to 78.284 Friday on a similar surge in U.S. markets after the latest jobs report from the Labor Department. Friday’s climb recovered some damage incurred from Thursday’s plunge to bring the Index to a decline of 0.11 points — or …

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December 2 Market Close: GovCon Index Treads Down, US Stocks Decline on Energy Losses

The GovCon Index held in negative territory after a brief spike in the first hour of trading Wednesday to end at a decline of 0.581 points to 78.157. Science Applications International Corp. (NYSE: SAIC) led Index gainers at 2.12 percent to $51.60 after the McLean, Virginia-based contractor reported third quarter earnings above …

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November 5 Market Close: GovCon Index Rises on Huntington Ingalls’ Earnings, US Stocks Mixed

The GovCon Index gained 0.485 points to 78.281 on naval shipbuilder Huntington Ingalls‘ (NYSE: HII) third quarter earnings report that topped Wall Street’s expectations. Shares in Newport News, Virginia-based Huntington Ingalls surged 8.11 percent to $130.13 after the company said its third quarter profit climbed 15.62 percent from the same period in 2014 and earnings …

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November 3 Market Close: GovCon Index Ends Nominally Down, US Stocks Up on Energy Rally

The GovCon Index turned around losses incurred during the morning session Tuesday but fell late afternoon to end at a nominal decline of 0.022 points to 77.949. Index stock Harris Corp. (NYSE: HRS) rose 1.62 percent to $81.00 after the military radio maker posted third quarter earnings above the consensus Wall Street …

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November 2 Market Close: GovCon Index, US Stocks Climb on Earnings, Data

The GovCon Index rode a full day of gains U.S. markets Monday with its own 0.713-point climb to a new all-time high of 77.987. Monday marks the third session out of four that the Index ended at a new record closing figure after an October that represents its strongest month in 2015. …

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October 5 Market Close: GovCon Index Surges 2%, Investors Adjust Fed Expectations

The GovCon Index started the first full week of activity in October with a gain of 2.124 percent to 72.165 Monday as U.S. markets readjusted their outlook on an interest rate hike by the Federal Reserve. Navistar International (NYSE: NAV) led Index gainers with an 18.73-percent climb to a two-week high …

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September 16 Market Close: GovCon Index, US Stocks Climb as Fed Meeting Starts

The GovCon Index extended its gains from the previous day’s trading session with a rise of 0.372 points to 73.557 Wednesday as the Federal Reserve started its highly-anticipated two-day meeting on monetary policy. Energy stocks climbed with oil prices after a report showed U.S. crude stockpiles fell by 2.1 million …

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SGT’s Barbara Humpton Seeks to Grow Federal Work for Energy Business

TYSONS CORNER, VA September 8, 2015 — Barbara Humpton, incoming CEO at Siemens Government Technologies, hopes to bring new technology offerings to government clients through Dresser-Rand, which the company acquired in June, ExecutiveBiz reported Thursday. Humpton, who steps into her new role on Oct. 1, told the Washington Business Journal …

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