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Tag Archives: GovCon Index

October 20 Morning Report: GovCon Index Up at Market Close

The GovCon Index closed at 63.836 on Friday, up by 1.059 points (1.632 percent) from the previous day’s close. The S&P 500 and Dow Jones indexes closed more than 1 percent up, as did Europe’s main indicators in a rebound from a volatile week that the BBC said came amid fears of weakening global economic data.   …

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October 17 Morning Report: GovCon Index Up Slightly at Market Close

With mixed market results, the GovCon Index closed slightly up by 0.359 points — or 0.569 percent — to 62.777. The S&P 500 closed flat at 1, 862.76 as the energy sector lead gains for that index. The Dow Jones Industrial Average slipped 24.5 points, or 0.2 percent, to 16, 116.24 and the Nasdaq Composite ticked up 2 points …

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October 16 End of Day Report: GovCon Index Holds Level With Market

The GovCon Index entered the final hour of Wednesday trading at 62.696 — a nominal increase of 0.44 percent, or 0.28 points from Tuesday’s figures. Gainers led laggers 18-to-12 and Orbital Sciences (NYSE: ORB) recorded the largest increase at 6 percent after the company announced a 5-percent revenue jump for its third fiscal quarter. That percentage …

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David Thompson: Orbital-ATK Deal Could Close in January

The planned merger of Orbital Sciences (NYSE: ORB) with ATK‘s (NYSE: ATK) aerospace and defense groups could close in January if the companies receive regulatory approvals for the deal during the December holiday season, Orbital CEO David Thompson said Thursday. Thompson also said that transition teams from both companies are “continuing to target …

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October 16 Morning Report: GovCon Index Enters Day at Half-Percent Decline

The GovConIndex will enter Thursday’s trading day at 62.418 points — down 0.367 points from Wednesday’s figures, or a decline of 0.592 percent. CNBC reports that more economic data will become public on Thursday, such as the weekly jobless claims numbers,  industrial production figures, the Philadelphia Federal Reserve survey and the National Association of …

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October 15 End of Day Report: GovCon Index Tanks 2% as Weak Data Hits Market

The GovCon Index recorded a 2-percent decline as of Wednesday afternoon, nearly in line with the other three major stock indices after the release of weak economic data. Ahead of the closing bell, the GovCon Index sat at a figure of 61.797, a decrease of almost a full point from Tuesday’s …

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October 14 End of Day Report: GovCon Index Ticks Up

The GovConIndex sat at 63.082 Tuesday afternoon — approximately 1.27 percent above Monday’s closing figure — as the three major stock indices slowly lost gains from earlier in the trading day. Twenty-five companies in the GovConIndex were slated to close with increases from Monday’s trading day, four firms were in the negative …

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