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Tag Archives: Orbital ATK

August 13 Market Close: GovCon Index Up, US Stocks Mixed on Economic Data

The GovCon Index regained some ground after two straight days of declines to close at a gain of 0.138 points to 76.493. U.S. stocks hovered around the gain line in the final hour of trading for a second consecutive day as investors considered data that showed retail sales climbed 0.6 percent in July and …

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August 12 Market Close: GovCon Index, US Markets Trade Near Gain Line on Energy Stock Lift

The GovCon Index recovered some losses sustained during the morning trading session Wednesday but ended at a decline of 0.130 points to 76.354. Gains from energy shares and Apple helped U.S. stocks to reverse declines from the morning session that stemmed from continued investor reaction to China’s currency devaluation in the …

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August 10 Morning Report: GovCon Index Down on Friday’s Close

The GovCon Index closed Friday with a loss of 0.258 points to 76.239. Engility Corp. (NYSE: EGL) led gainers with a jump of 37.92 percent following a positive second quarter earnings report to close the week at 30.44. The Dow Jones Industrial Average declined 46.37 points to 17, 373.38, the Standard & Poor’s 500 composite index …

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August 7 Market Close: GovCon Index Dips, Earnings News Lifts Engility, US Stocks Down

The GovCon Index failed to hold its gains from the week’s worth of trading as it closed Friday with a loss of 0.258 points to 76.239. Engility Corp. (NYSE: EGL) shares skyrocketed 37.92 percent to 30.44 Friday after the government services contractor reported second quarter earnings that surpassed Wall Street’s consensus forecasts. Continued …

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August 6 Market Close: GovCon Index Declines, Media Selloff Sinks US Markets

The GovCon Index gave up nearly half of its gains from Wednesday’s trading session to record a loss of 0.309 points and close at 76.497 Thursday. Orbital ATK (NYSE: OA) led Index gainers at 6.92 percent to 76.82 after the company reported second quarter earnings and revenue that beat Wall Street expectations. Huntington Ingalls …

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Orbital ATK Tops 2Q Wall Street Estimates By 26 Cents, Beats Revenue By $50M

Orbital ATK (NYSE: OA) has reported fiscal year 2015 second quarter earnings of $1.28 per share to beat the consensus Wall Street estimate by 26 cents. The Dulles, Va.-based rocket and launch vehicle manufacturer posted a $76.6 million profit for the quarter. Second quarter revenue was $1.13 billion and analysts’ projections by $50 million. …

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August 5 Market Close: GovCon Index Climbs, US Stocks Neutral on Oil Losses & Tech Earnings Reports

The GovCon Index showed strong movement after three days of flat activity to record a gain of 0.672 points and close at 76.807. Leidos (NYSE: LDOS) closed up 8.80 percent to $44.01 after the Reston, Va.-based contractor reported second quarter earnings that beat Wall Street consensus estimates. U.S. stocks traded in …

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Aug. 3 Morning Report: GovCon Index Up on Friday’s Close

The GovCon Index recorded a one-day gain of 0.240 points to close at 76.270 Friday,  up 1.85 percent from its July 24 closing figure of 74.888. The Dow Jones Industrial Average declined 55.52 points to 17, 690.46, the S&P 500 composite index lost 4.71 points to 2, 103.92 and the NASDAQ composite index closed …

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July 31 Market Close: GovCon Index Closes Up, US Stocks Trade Down on Energy Earnings News

The GovCon Index rebounded from losses in Thursday’s trading session to record a gain of 0.240 points and close at 76.270 Friday. For the week, the Index rose 1.85 percent from its July 24 closing figure of 74.888. A loss of 2.5 percent in the S&P 500 composite index’s energy sector weighed …

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July 30 Market Close: GovCon Index Drops, US Stocks Stuck in Neutral

The GovCon Index lost some ground from a two-point rise in the previous two trading days to record a decline of 0.556 points and close at 76.036 Thursday. Intelsat (NYSE: I) led all Index gainers at 26 percent after the Luxembourg-based satellite services company reported a second-quarter profit of $60.2 million …

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