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Tag Archives: financial

December 2 Market Close: GovCon Index Inches Up for 4th Straight Positive Week, US Stocks Mixed on November Jobs Beat

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Executive Mosaic’s GovCon Index traded higher Friday in a mixed session for U.S. stocks as investors looked at November jobs figures above economists’ expectations and furthered anticipation of an interest rate hike Dec. 14. The GCI ends at its fourth straight weekly advance, while the S&P 500 closed flat Friday …

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November 9 Market Close: GovCon Index Ends at Record High With 5% Surge, Investors Bet on Defense Spending Uptick

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Executive Mosaic’s GovCon Index climbed 5 percent for a record one-day gain and closing value Wednesday as investors made large buys of shares in large defense primes on expectations of increased defense spending under incoming Pres. Donald Trump after his watershed election win Tuesday. The U.S. stock bellwether S&P 500 composite index …

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September 26 Market Close: GovCon Index, US Stocks Down Ahead of 1st Presidential Debate

GovConIndexDOWN

Executive Mosaic’s GovCon Index showed little change Monday to start September’s final trading week as U.S. stocks declined on investor anticipation over the first U.S. presidential debate to take place six weeks before the Nov. 8 election. GovCon Index decliners outnumbered gainers at a 2-to-1 ratio and two of its S&P 500 companies closed green with …

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July 18 Market Close: GovCon Index Slightly Down Ahead of Lockheed 2Q Earnings Report

GovConIndexDOWN

Executive Mosaic’s GovCon Index traded lower Monday and the U.S. stock bellwether S&P 500 composite index closed at a new all-time record as investors mulled new second quarter earnings reports as many GCI companies prepare to state their April-June results. The GovCon Index closed down 0.233 points to 81.586 with four of the GCI’s …

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April 14 Market Close: GovCon Index Descends to Loss in Afternoon Trade

GovConIndexDOWN

The GovCon Index descended into narrow range in a choppy afternoon trading session Thursday and closed at a nominal decline of 0.093 points to 75.306 as U.S. investors paused to gauge markets’ rally over Tuesday and Wednesday. Financial shares posted a fifth-straight positive day on earnings from banks that exceeded Wall Street’s expectations. …

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

GovConIndexDOWN

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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April 17 Market Close: GovCon Index Plummets 1%, Stocks Fall on Greece Reports

GovConIndexDOWN

The GovCon Index hit a 15-day low Friday as it closed with a decline of 1.439 percent — or 1.064 points — to end the day at 75.027. McKesson (NYSE: MCK) was the only Index company to see its stock price rise Friday. Investors showed concerns over reports that Greece could …

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Former IRS, VA Official Todd Grams Heads to Deloitte’s Federal Services Practice

Todd Grams

Todd Grams, former chief of staff at the Internal Revenue Service, has joined Deloitte Federal Government Services and will work with agencies on initiatives in areas such as enterprise risk management and financial management. Grams, also a former chief information officer and chief financial officer at the IRS, returned to the …

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Bonnie Cook Promoted to ManTech Mission Solutions, Services Group EVP Role

Bonnie Cook

Bonnie Cook, a 25-year veteran of ManTech International (NASDAQ: MANT), has been promoted to serve as executive vice president of business operations for the company’s mission solutions and services group. Her previous roles at ManTech included responsibility for helping manage financial operations and to integrate acquisitions, ManTech said Tuesday. As …

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Jason Aiken Appointed General Dynamics CFO, Hugh Redd to Retire

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Jason Aiken, senior vice president and chief financial officer of General Dynamics‘ (NYSE: GD) Gulfstream subsidiary, has been elected by the board of directors to serve as CFO of General Dynamics starting Jan, 1. 2014. The 11-year company veteran will succeed Hugh Redd, who will retire from the company after …

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