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Tag Archives: financial report

August 13 Market Close: GovCon Index Up, US Stocks Mixed on Economic Data

The GovCon Index regained some ground after two straight days of declines to close at a gain of 0.138 points to 76.493. U.S. stocks hovered around the gain line in the final hour of trading for a second consecutive day as investors considered data that showed retail sales climbed 0.6 percent in July and …

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August 12 Market Close: GovCon Index, US Markets Trade Near Gain Line on Energy Stock Lift

The GovCon Index recovered some losses sustained during the morning trading session Wednesday but ended at a decline of 0.130 points to 76.354. Gains from energy shares and Apple helped U.S. stocks to reverse declines from the morning session that stemmed from continued investor reaction to China’s currency devaluation in the …

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August 11 Market Close: GovCon Index, US Stock Indices Drop 1% on China’s Currency Devaluation

The GovCon Index wiped out all of its gains from Monday’s trading session to record a loss of 1.089 percent and close at 76.486. All three major U.S. stock indices lost close to 1 percent each as traders reacted to China’s devaluation of its currency and also showed concern over a potential …

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August 10 Market Close: GovCon Index, US Stock Indices Climb 1% on Oil Rebound

The GovCon Index rebounded from two straight days of declines Monday to record a gain of 1.428 percent and close at 77.328. All three major U.S. stock indices also each advanced at least 1 percent Monday as investors gained confidence from a rise in oil prices despite a report that showed …

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August 10 Morning Report: GovCon Index Down on Friday’s Close

The GovCon Index closed Friday with a loss of 0.258 points to 76.239. Engility Corp. (NYSE: EGL) led gainers with a jump of 37.92 percent following a positive second quarter earnings report to close the week at 30.44. The Dow Jones Industrial Average declined 46.37 points to 17, 373.38, the Standard & Poor’s 500 composite index …

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August 7 Market Close: GovCon Index Dips, Earnings News Lifts Engility, US Stocks Down

The GovCon Index failed to hold its gains from the week’s worth of trading as it closed Friday with a loss of 0.258 points to 76.239. Engility Corp. (NYSE: EGL) shares skyrocketed 37.92 percent to 30.44 Friday after the government services contractor reported second quarter earnings that surpassed Wall Street’s consensus forecasts. Continued …

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Harris Tops Wall Street’s 4Q Earnings, Revenue Forecasts

Harris Corp. (NYSE: HRS) has reported fiscal year 2015 fourth quarter earnings of $1.32 per share, a figure adjusted for one-time gains and costs and seven cents higher than the Wall Street forecast of $1.21 per share. The Melbourne, Fla.-based communications technology maker included in its fourth quarter results activity …

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Engility Beats Wall Street 2Q Earnings Estimate, Adjusts FY 2015 Guidance

Engility Corp. (NYSE: EGL) has reported fiscal year 2015 second quarter earnings of 51 cents per share,  a figure that exceeded Wall Street analysts’ forecasts by five cents. The Chantilly, Va.-based government services contractor also raised its FY 2015 earnings guidance to a range of between $2.05 and $2.50 per share from …

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August 6 Market Close: GovCon Index Declines, Media Selloff Sinks US Markets

The GovCon Index gave up nearly half of its gains from Wednesday’s trading session to record a loss of 0.309 points and close at 76.497 Thursday. Orbital ATK (NYSE: OA) led Index gainers at 6.92 percent to 76.82 after the company reported second quarter earnings and revenue that beat Wall Street expectations. Huntington Ingalls …

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Maximus Meets 3Q Wall Street Earnings Estimate, Beats Revenue Forecast

Maximus (NYSE: MMS) has reported fiscal year 2015 third quarter earnings of 64 cents per share, a figure in line with Wall Street’s consensus projection. That figure includes costs related to the the Reston, Va.-based public sector health and human services contractor acquisitions of Acentia and Remploy, both of which …

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