Tag Archives: Health Net

May 8 Market Close: GovCon Index, US Markets Rally 1% on Jobs Report

The GovCon Index recovered an entire week’s worth of losses Friday with a rally of 1.046 percent to close at 73.943. All major U.S. stock indices recorded gains of at least 1 percent after April’s employment report from the Labor Department showed the country added 223, 000 jobs during the month, which the …

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May 7 Market Close: GovCon Index Stays Level, Jobs Report to Loom Over Markets

The GovCon Index ended Thursday’s trading session with a nominal gain of 0.015 points to 73.162 as U.S. stocks recorded slight gains ahead of Friday’s payrolls report. Richard Sichel, chief investment officer at Philadelphia Trust Co., told Bloomberg the jobs data from the Labor Department could be “even more newsworthy than usual” in …

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May 6 Market Close: GovCon Index, US Stock Losses Deepen on Job Estimates

The GovCon Index declined for the second consecutive day Wednesday to record a loss of 0.155 points and close at 73.147. Health Net (NYSE: HNT) led gainers in the Index at 1.81 percent after the company reported a 28-percent revenue increase year-over-year for its fiscal year 2015 first quarter. U.S. …

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Health Net Gov’t Contract Revenue Jumps 7% in 1Q, Total Sales Up 28%

Health Net (NYSE: HNT) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2015. The Los Angeles-based managed healthcare services company said its revenue from government contracts increased 7.37 percent from the prior year period …

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