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Tag Archives: financial report

December 17 Market Close: GovCon Index Snaps 3-Day Skid, Fed Sends Interest Rate Signal

The GovCon Index ended its stretch of three consecutive days of losses with a gain of 1.042 points to close at 68.453 on Wednesday. Investors reacted to the Federal Reserve’s addition of the phrase “considerable time” in its latest policy statement and comments from Fed Chair Janet Yellen that the central bank will …

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December 16 Market Close: GovCon Index Records Nominal Loss, Investors Eye Possible Fed Move

The GovCon Index extended its current stretch of declines into a third consecutive day with a nominal loss of 0.154 points to close at 67.411 on Tuesday. Investors will keep an eye on the Federal Reserve’s impending decision later this week on whether to change their policy statement and be more open to …

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December 15 Market Close: GovCon Index Slips, Oil Prices Continue Plunge

The GovCon Index started the last full week before the Christmas and New Year holidays with a slight decline of 0.299 points — or 0.444 percent — to close at 67.649 on Monday. Oil prices continued to garner much of the attention from investors and the price-per-barrel of crude oil on the New …

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December 15 Morning Report: GovCon Index Down on Friday’s Close

All companies listed on the GovCon Index recorded losses on Friday to end the week with a close of 67.878 after two days of gains, a steep decline of 2.414 percent, or 1.600 points. According to a Bloomberg report, global market indicators reacted to a continued decline in crude oil prices and news …

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December 12 Market Close: GovCon Index Ends Week With Steep Slide

The GovCon Index erased two days of gains to end the week as it declined 2.414 percent — or 1.600 points — to close at 67.878 Friday. All companies in the index recorded losses. A report that showed a slowdown in Chinese factory production weighed on markets around the world and oil shares continued …

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December 10 Market Close: GovCon Index Tumbles, SAIC Jumps for 2nd Straight Day

The GovCon Index tumbled 2.055 percent — or 1.394 points — to close at 69.214 on a Wednesday that saw only two out of 30 companies on the index show gains: Science Applications International Corp. (NYSE: SAI) and Serco Inc. SAIC’s stock price increased for a second consecutive day after the company said its third-quarter revenue increased 2 …

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December 9 Market Close: GovCon Index Stalls as Concerns Over Greece, China Weigh on Market

The GovCon Index stayed largely flat Tuesday and recorded a tiny increase of 0.112 percent — or 0.079 points — to close a 70.609 on Tuesday in a mixed day across the major stock indices. Investors reacted to China’s decision to limit use of some bonds for loans and Greece’s new …

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SAIC Reports Slight 3Q Revenue, Profit Bumps

Science Applications International Corp. (NYSE: SAI) has reported financial results for the third quarter of the company’s 2015 fiscal year ended Oct. 31, 2014, almost a year after SAIC completed its separation from the company now known as Leidos (NYSE: LDOS). McLean, Virginia-based SAIC officially became an independent company on Sept. 27, 2013 …

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December 8 Market Close: GovCon Index Falls, Crude Oil Prices Drag Market Down

The GovCon Index started the week of Dec. 8 with a decline of 0.761 percent — or 0.533 points — to close at 70.530 on Monday. Crude oil prices fell to below $63 per barrel for the first time in five years and investors reacted to other data that showed a shrinking economy in Japan, …

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December 4 Market Close: GovCon Index Loses Ground, Investors Await Labor Report

The GovCon Index retreated Thursday by 0.223 percent — or 0.157 points — to close at 70.676, a figure that keeps the index in positive territory from the previous week. Investors reacted to the European Central Bank’s decision to not take any action on a potential stimulus until at least early next year …

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