Tag Archives: navistar

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 14 Market Close: GovCon Index Declines as US Stock Markets Hover Ahead of Fed 2-Day Meeting

The GovCon Index failed to turnaround declines incurred during morning trade Monday and ended at a loss of 0.237 points to 73.743 as U.S. stocks hovered in and out of positive territory throughout the afternoon session. Investors have turned their attention to the Federal Reserve‘s two-day meeting Wednesday and Thursday with the priced-in odds …

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March 11 Market Close: GovCon Index Rides Oil Surge to 1% Gain, Up for 4th Straight Week

The GovCon Index rebounded 1.541 percent to 73.980 Friday with all 30 stocks up in movement that mirrored U.S. stocks’ recovery on a sharp rise in crude oil prices and investor confidence in the European Central Bank’s latest stimulus initiative. Friday’s close puts the Index up at a nominal 0.053 points over five …

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Weekly Roundup Mar. 7 – Mar. 11 2016: GovCon Index, Defense Stocks Show Steady Recovery & more

Mar. 7 – Mar. 11 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The start of March has given investors everywhere a respite of calm so far after a January and February period of across-the-board, worldwide market volatility that carried over from the …

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March 10 Market Close: GovCon Index Stumbles After Strong Open, Markets Choppy on Euro Bank Rate Decision & Oil Fall

The GovCon Index tumbled from a positive open and failed to climb back into a gain Thursday with a decline of 0.185 points to 72.857 as markets reacted to the European Central Bank’s series of interest rate and stimulus announcements earlier in the day and lower oil prices. U.S. stocks entered volatility mid-morning …

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March 9 Market Close: GovCon Index Bounces Back From AM Dip, Crude Rises as Traders Await Euro Bank Decision

The GovCon Index recovered from a brief morning dip into a decline Tuesday and closed at a gain of 0.443 points to 73.042 as U.S. stocks rose in tandem with crude oil prices in New York and investors awaited a decision from Europe’s central bank on additional stimulus. Crude futures …

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March 8 Market Close: GovCon Index Falls as ICF & Navistar Earnings Misses Weigh

The GovCon Index held lower throughout the trading session Tuesday and closed at a decline of 1.071 percent to 72.599 on earnings misses from two GCI stocks and investor reaction to oil price declines and new trade data out of China. ICF International (Nasdaq: ICFI) dropped 8.37 percent a day after the consulting …

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March 7 Market Close: GovCon Index Posts Decline, US Stocks Mixed on Tech Losses

The GovCon Index failed to hold onto positive momentum from a midday spike barely above the gain line Monday and ended at a decline of 0.573 points to 73.385 in a mixed day for U.S. financial markets. Declines among defense product and platform manufacturers in the Index lagged compared to …

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March 7 Morning Report: GovCon Index Records Gain for 3rd Consecutive Week

The GovCon Index closed Friday with a 0.247-point climb to 73.958 on potential indicators against additional interest rate hikes and extended rallies by Engility Holdings (NYSE: EGL) and Navistar International (NYSE: NAV). The Index posted a weekly gain of 2.082 percent to record positive movement for the third consecutive five-day period. Top GovCon …

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