Tag Archives: Health Net

March 28 Morning Report: CAE Joins GovCon Index; Thursday Trading Ends With Decline

Executive Mosaic will replace Health Net with aerospace and defense firm CAE (NYSE: CAE) in the GovCon Index effective Monday following the health insurer’s acquisition by Centene (NYSE: CNC). CAE closed Thursday at $11.32 per share and a market capitalization of $3.1 billion. GCI closed Thursday with a 0.412-point drop to 74.640, ending the …

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March 24 Market Close: GovCon Index Lags to Snap 5-Week Gain Streak, CAE to Join GCI Monday

The GovCon Index lagged for a third consecutive trading session Thursday to end at a decline of 0.412 points to 74.640 on the week’s final day of trade as U.S. financial markets are closed on Good Friday. Thursday’s close puts the Index at a decline of 1.207 percent on a weekly basis to end the GCI’s streak …

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March 23 Market Close: GovCon Index Weighed by Commodity Declines, Health Net Up 4% on Centene Deal Approval

The GovCon Index stumbled from the open to close at a loss of 0.279 points to 75.052 as U.S. stock declines mirrored a fall in commodities such as oil and investors continued to speculate over when the next interest rate increases could occur. Los Angeles-based health insurance provider Health Net (NYSE: HNT) …

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March 22 Market Close: GovCon Index, US Stocks Show Little Change Amid Brussels Attacks

The GovCon Index held in narrow range for the entirety of Tuesday trade and closed at a nominal loss of 0.084 points to 75.331, which ends the Index’s four-day stretch of gains. U.S. markets also struggled for direction after the early morning terrorist attacks at the main airport and a subway …

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February 9 Market Close: GovCon Index, US Stocks End Volatile Session in Neutral as Oil Hits $28

The GovCon Index reversed a negative open of at least 1 percent as Tuesday’s trading day progressed but hit another dip in the final hour to end at a nominal gain of 0.044 points to 70.079. Gains in biotechnology and material shares helped U.S. stocks bounce back in Monday’s afternoon …

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February 1 Market Close: GovCon Index Halves AM Losses, Stays Red as US Stocks End Day Mixed

The GovCon Index recovered from a plunge of more than 1 percent its first hour of trade Monday to end with a loss of 0.311 points to 71.629 in activity that mirrored reversals in U.S. stocks from negative to positive. Gains in technology shares such as Facebook and Google‘s parent …

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January 12 Market Close: GovCon Index 4-Day Losing Streak Ends w/ 1% Climb

The GovCon Index snapped a four-day streak of declines Tuesday with a surge upward of 1.129 percent to 74.285 in another volatile trading day for U.S. financial markets driven by continued oil price declines and attention on China. Crude oil futures in New York settled 50 minutes later than usual …

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January 4 Market Close: GovCon Index Plunges as China Losses Trigger US Stock Selloff

The GovCon Index started 2016 with a steep decline of 1.712 percent to 75.764 Monday as U.S. stocks mirrored large losses in global financial markets over growth concerns. Armored truck maker Navistar International (NYSE: NAV) held against market forces with a gain of 8.94 percent to lead all GovCon Index gainers, and four …

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December 31 & 2015 Market Close: GovCon Index Ends Year on Down Note, Short of 10% YTD Gain

The GovCon Index ended 2015 on a negative note Thursday with a decline of 1.124 percent to 76.995 and fell short of a year-to-date gain of at least 10 percent. The Index has recorded a full-year gain of 9.01 percent driven by a surge in volume for defense stocks after …

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December 28 Market Close: GovCon Index, US Stocks Held Down by Extended Energy Decline; CSRA Tops S&P 500 Gainers

The GovCon Index failed to rebound from its Christmas Eve decline with a loss of 0.264 points to 77.554 Monday as U.S. financial markets entered the final week of trading activity for 2015. U.S. markets will be open for full sessions Tuesday and Wednesday with a half-day scheduled for Thursday in …

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