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Tag Archives: energy

January 11 Market Close: GovCon Index Lower, Lockheed Hits 2% Intraday Decline After Trump F-35 Remarks

Executive Mosaic’s GovCon Index pared losses Wednesday afternoon but closed lower for the session as McKesson Corp. (NYSE: MCK) and large primes weighed despite gains by all three of the U.S.’ major stock indices. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and six of its 11 S&P 500 stocks advanced with General Dynamics (NYSE: …

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January 9 Market Close: GovCon Index Lower in Mixed US Stock Trading Session

Executive Mosaic’s GovCon Index traded lower Monday on declines by large and middle-tier prime contractors as U.S. stocks showed mixed results after biotechnology gains lifted the Nasdaq composite index to an all-time record close and utilities weighed on the S&P 500 composite index. GovCon Index laggards outnumbered gainers by an 9-to-1 ratio and …

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Melissa Hathaway: Trump Should Prioritize Energy, Telecom, Financial Cybersecurity in Budget Plan

Melissa Hathaway, president of consulting firm Hathaway Global Strategies, has called on President-elect Donald Trump to prioritize cybersecurity initiatives in his budget plan. Hathaway wrote in an opinion piece published Sunday on The Post and Courier that Trump must focus on efforts to secure energy, telecommunications and financial systems against what …

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Siemens to Support U.S. Govt Energy Saving Efforts; Barbara Humpton Comments

TYSONS CORNER, VA, Dec. 23, 2016 — Siemens has secured several Energy Savings Performance Contracts to support the U.S. Government’s efforts to reduce energy and water use across federal agencies, ExecutiveBiz reported Tuesday. The company will help agencies, including the U.S. Army and the National Park Service to mitigate carbon emissions and meet White …

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December 19 Market Close: GovCon Index Higher on Lockheed & Prime Gains, US Stocks Up With Caution on Global Turmoil

Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 ratio and …

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November 29 Market Close: GovCon Index Briefly Touches, Closes Short of 90 Points

Executive Mosaic’s GovCon Index ended at an all-time record close for a fourth session over the last five Tuesday and briefly touched the 90-point barrier for the first time in its two-year history during afternoon trade to resume its post-election rally with defense stocks in particular strong performers. The U.S. equity benchmark S&P 500 also climbed …

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Former CSRA Exec David Rhodes Joins MCR Federal as Civil Programs VP

MCR Federal has appointed Dave Rhodes, former industry general manager for non-health civil agencies at CSRA (NYSE: CSRA), as vice president of civil programs. MCR said Tuesday that Rhodes will manage the company’s operational support to civilian agencies and lead its civil portfolio expansion efforts. “Dave has a long history of providing world-class …

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ICF Lifts Full-Year Earnings Guidance on Govt, Energy Market Outlooks

GovCon Index-listed contractor ICF (Nasdaq: ICFI) lifted full-year earnings guidance to a range above the consensus Wall Street forecast Tuesday and slightly increased revenue projections to a range in-line with analysts’ expectations. Fairfax, Virginia-based ICF said in its third quarter financial statement it expects earnings of $2.91-$2.96 per share versus analyst forecasts of a $2.88 …

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Navy Picks Constellation for $170M Energy Conservation, Generation Project

Constellation (NYSE: CEG) has been awarded a 23-year, $170 million contract by the Naval Facilities Engineering Command to install energy conservation and distributed generation systems intended to help the U.S. Marine Corps meet energy-efficiency goals. The Exelon Corp. subsidiary will build an 8.5-megawatt biomass-fueled generator, lighting and boilers, transformers and controls for a landfill …

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October 19 Market Close: GovCon Index Returns to Narrow Range as Energy Gains Boost US Stocks

Executive Mosaic’s GovCon Index closed at a slight loss Wednesday to show a fourth session of tight movement over the last five on mixed activity in its large-cap members as U.S. stocks rode gains by energy producers on a 15-month high settlement in crude oil prices. GovCon Index laggers slightly edged gainers and six of its 11 …

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