Tag Archives: Health Net

October 30 Market Close: GovCon Index Dips, Closes Strongest Month for Year

The GovCon Index entered positive territory in the early afternoon session Friday but gave back gains to close at a decline of 0.244 points to 77.274. October ends as the Index’s strongest month for 2015 with a gain of 10.56 percent spurred by a series of third quarter earnings reports from listed companies …

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October 27 Market Close: GovCon Index Closes Down, Stocks Decline on Goods Data

The GovCon Index failed to recover from morning session losses Tuesday and closed with a nominal decline of 0.052 points to 75.304. Textron (NYSE: TXT) led all Index gainers at 4.15 percent to $40.43 after the conglomerate reported a 9-percent profit increase in its third quarter and earnings that exceeded Wall Street analyst forecasts despite …

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October 26 Market Close: GovCon Index, US Stocks Mixed on Apple & Energy Declines

The GovCon Index closed at a nominal gain of 0.058 points to 75.356 after a strong close to the previous week as declines in energy shares and Apple weighed on U.S. markets. The Index is up 7.8 percent for the month of October so far after a choppy September and third-quarter decline of 3.8 percent. …

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October 26 Morning Report: GovCon Index Rises as More Q3 Earnings Reports Loom

The GovCon Index closed Friday at a gain of 1.057 percent to 75.312 ahead of third-quarter earnings reports from more Index companies scheduled through the end of the week. Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Raytheon (NYSE: RTN) reported Q3 earnings above Wall Street estimates, helping the Index record a weekly gain …

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October 23 Market Close: GovCon Index Extends Climb, US Stocks Up on Earnings & China Rate Decision

The GovCon Index extended its current rally into a second day with a gain of 1.057 percent to 75.312 as investors continued to mull earnings reports from S&P 500 stocks, 11 of which are also listed in the Index. For the week, the Index recorded a gain of 6.32 percent on third quarter earnings reports above Wall Street …

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Centene, Health Net Shareholders Approve $6.3B Combination

Shareholders at healthcare services providers Centene (NYSE: CNC) and Health Net (NYSE: HNT) have separately approved the deal originally announced in July for Centene to purchase Health Net for $6.3 billion in cash and stock. Eighty-five percent of all outstanding shares in Centene voted in favor of the transaction and 78 percent of outstanding shares …

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October 19 Market Close: GovCon Index Trades in Narrow Range as 3Q Earnings Season Arrives

The GovCon Index mirrored a narrow day of trading activity in U.S. markets Monday as it closed at a nominal gain of 0.049 points to 73.293. Large defense contractors in the Index are scheduled to report their third quarter earnings this week with Lockheed Martin (NYSE: LMT) set for Tuesday morning, Boeing …

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October 12 Morning Report: GovCon Index Records 2nd Straight Positive Week, Enters Earnings Season

The GovCon Index closed 74.198 Friday, up up 0.425 points from Thursday’s close and the Federal Reserve‘s release of its September meeting minutes. The record is the second straight positive week heading into earnings reports season, with Honeywell (NYSE: HON) slated to be the first GovCon Index company to release third quarter financial …

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October 9 Market Close: GovCon Index Closes Up, US Stocks End at Modest Gains

The GovCon Index closed up 0.425 points to 74.198 Friday as U.S. investors continued to digest the Federal Reserve‘s September meeting minutes that went public Thursday. For the week, the Index rose 5 percent to conclude its second straight positive weekly performance after two straight weeks the Index ended at declines for those respective five-day periods. The S&P …

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October 5 Morning Report: GovCon Index Jumps on Oil Price Rise

The GovCon Index closed 70.664 at the end of Friday trading, recovering with a gain of 0.689 points. The U.S. stock market suffered an initial drop following the release of a Labor low jobs growth report but a jump in crude oil prices put the figures back on positive territory, the Wall Street Journal reported. The Dow Industrial …

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