Tag Archives: Health Net

December 21 Morning Report: GovCon Index Down Amid Crude Oil Decline

The GovCon Index closed Friday at a 30-day low of 75.362 on crude oil declines and concerns over a potential slowdown in global growth. The S&P 500 and Dow Jones Industrial Average closed with two-month lows.   Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Change NAV …

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December 16 Market Close: GovCon Index, US Stocks Climb as Fed Pulls Trigger on Interest Rate Hike

The GovCon Index held steady in positive territory over morning and midday activity then surged in the afternoon session to close at a gain of 1.21 percent to 76.944 on news that the Federal Reserve increased interest rates for the first time since June 2006. Short-term interest rates will go up 0.25 …

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December 2 Market Close: GovCon Index Treads Down, US Stocks Decline on Energy Losses

The GovCon Index held in negative territory after a brief spike in the first hour of trading Wednesday to end at a decline of 0.581 points to 78.157. Science Applications International Corp. (NYSE: SAIC) led Index gainers at 2.12 percent to $51.60 after the McLean, Virginia-based contractor reported third quarter earnings above …

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November 30 Morning Report: CSRA to Replace CSC in GovCon Index, S&P 500

Federal technology services contractor CSRA (NYSE: CSRA) will replace Computer Sciences Corp. (NYSE: CSC) in the GovCon Index effective Monday morning. The change comes after the completion of CSC’s spinoff of its North American public sector business and that unit’s merger with SRA International. CSRA is based in Falls Church, Virginia, and offers …

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November 27 Market Close: GovCon Index Inches Closer to 80-Point Barrier in Half-Day Session

The GovCon Index recorded a nominal gain for the third consecutive trading day Friday at a rate of 0.180 points to 79.854 in an abbreviated session for U.S. markets after Thanksgiving. Both the New York Stock Exchange and NASDAQ closed at 1 p.m. Friday. The Index last closed at or above 80 points …

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November 23 Morning Report: GovCon Index Posts 5.45% Climb in Strongest Week of 4QTD

The GovCon Index closed Friday with a gain of 0.710 points to 79.650 and capped its strongest week for the quarter so far with a 5.45-percent climb. The Index’s strong performance over the past week follows increased activity in the defense sector, with Navistar International (NYSE: NAV), Rockwell Collins (NYSE: COL), Computer Sciences Corp. (NYSE: …

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November 20 Market Close: GovCon Index Closes 4Q’s Strongest Month

The GovCon Index capped its strongest weekly performance of the fourth quarter-to-date with a gain of 0.710 points to 79.650 Friday. For the week, the Index posted a climb of 5.45 percent on strong volume in the defense sector as investors appear to expect increased activity in that market after the terror attacks …

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November 19 Market Close: GovCon Index Closes Up, US Markets Narrow

The GovCon Index barely edged in positive territory Thursday with a gain of 0.216 points to 78.940 on a choppy trading day for U.S. markets. With a Friday gain, the Index would record a full week of five consecutive positive days for the second time in the fourth quarter so far. Index stock Health Net (NYSE: …

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November 13 Market Close: GovCon Index, US Stock Indices Post 1% Declines

The GovCon Index extended its current streak of declines to a third straight session Friday with a loss of 0.564 points to 75.400. The Index also ends at a 2.36-percent decline for the week but has risen 2.36 percent over the previous month and 7.75 percent since the fourth quarter started Oct. …

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Health Net 3Q Earnings Meet Wall Street Forecasts; Gov’t Contracts Revenue Up 14%

Health Net (NYSE: HNT) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of 96 cents per share to meet the consensus forecast of Wall Street analysts and exceed prior year figures by 24 cents. Third quarter profit 3.22 percent year-over-year to $60.25 million and revenue …

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