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Tag Archives: gross domestic product

August 8 Market Close: GovCon Index Dragged by Northrop & Other Defense Prime Losses

The GovCon Index stumbled Monday and failed to carry over momentum from Friday’s strong July jobs report as declines by major defense primes weighed on the GCI and losses by healthcare shares dragged down U.S. stocks. GovCon Index laggers outnumbered gainers by a 2-to-1 ratio and four of its 11 S&P 500-listed stocks posted gains with Northrop Grumman (NYSE: …

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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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July 30 Market Close: GovCon Index Drops, US Stocks Stuck in Neutral

The GovCon Index lost some ground from a two-point rise in the previous two trading days to record a decline of 0.556 points and close at 76.036 Thursday. Intelsat (NYSE: I) led all Index gainers at 26 percent after the Luxembourg-based satellite services company reported a second-quarter profit of $60.2 million …

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February 27 Market Close: GovCon Index Ends February With Loss

The GovCon Index closed the last trading day of February with a loss of 0.677 points to 69.615. ICF International (NASDAQ: ICFI) was the biggest gainer after the company reported an 11-percent increase in revenue for its full 2014 fiscal year. Commerce Department data released Friday said the country’s gross domestic …

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