Home / Tag Archives: Huntington Ingalls

Tag Archives: Huntington Ingalls

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 …

Read More »

September 22 Market Close: GovCon Index Extends Post-Fed Rate Decision Gains, KBR Joins GCI After Govt Services Acquisitions

GovConIndexUP

Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to leave interest rates unchanged on a mix of contributions from large defense platform makers and services-oriented contractors. Thursday also represented the GovCon Index’s first day of activity with KBR (NYSE: KBR) …

Read More »

September 20 Market Close: GovCon Index Lower on HII Downgrade, US Stocks Higher as Fed Meeting Begins

GovConIndexDOWN

Executive Mosaic’s GovCon Index closed in narrow range Tuesday after Cowen and Company downgraded the stock of military shipbuilder Huntington Ingalls Industries (NYSE: HII) and GCI decliners over gainers at roughly 2-to-1 ratio. Newport News, Virginia-based Huntington Ingalls ended as the GovCon Index’s worst net performer on Cowen and Company’s downgrade of HII to …

Read More »

September 19 Market Close: GovCon Index Lifts, US Stocks Mixed Ahead of Fed Policy Summit

GovConIndexUP

Executive Mosaic’s GovCon Index rose Monday in an attempt to close above the 80-point barrier for the first time since Sept. 12 on gains by large defense primes and services-oriented companies. The GCI’s positive movement contrasted activity in U.S. financial markets as stocks turned south in the final hour of trade and closed mixed ahead …

Read More »

September 16 Market Close: GovCon Index Down, Ends Week at Loss Ahead of Fed Rate Summit

GovConIndexDOWN

Executive Mosaic’s GovCon Index held negative Friday to end at a weekly decline as U.S. stock markets extended the current stretch of sharp swings between gains and losses as the Federal Reserve‘s next two-day meeting looms for Tuesday and Wednesday. Decliners outnumbered advancers 9-to-1 and all of the GovCon Index’s S&P …

Read More »

September 8 Market Close: GovCon Index Closes Down Slightly, But Strong Performance From SAIC

GovConIndexDOWN

Executive Mosaic’s GovCon Index closed down slightly for the second straight day. GovCon stocks split evening with 1/2 advancing and 1/2 declining. The biggest gainer in the GovCon sector was SAIC closing at $69.95, up $3.95 or 6.01%. SAIC released strong quarterly earning of $0.85 per share, beating the Wall Street …

Read More »

September 1 Market Close: GovCon Index Dragged by Vectrus Plunge After Mideast Contract Loss to URS

GovConIndexDOWN

Executive Mosaic’s GovCon Index started September with a slight decline Thursday to register its third straight loss as Vectrus (NYSE: VEC) plunged almost 20 percent on the loss of a contract for Middle East-based logistics services the company held since 2010. Colorado Springs-based Vectrus said pre-open the Army Prepositioned Stocks-5 contract for …

Read More »

August 29 Market Close: GovCon Index Ends 5-Day Losing Streak on Prime Gains, Financial Shares Lift Stocks on Fed Rate Chatter

GovConIndexUP

Executive Mosaic’s GovCon Index snapped a five-day losing streak Monday on advances by mid- and large-tier defense contractors as gains by financial shares led Wall Street to end its three-day stretch of declines. GovCon Index gainers outnumbered laggers by a roughly 3-to-1 ratio and nine of the GCI’s 11 S&P 500-listed companies closed …

Read More »

August 26 Market Close: GovCon Index Down, US Stocks Mixed After Fed Chair’s Hawkish Rate Hike Outlook

GovConIndexDOWN

Executive Mosaic’s GovCon Index stumbled to negative in late morning trade Friday for a second straight weekly loss as U.S. stocks tried for gains shortly before the close after Federal Reserve Chair Janet Yellen told central bankers in Wyoming she believes the case has strengthened for another interest rate hike. Friday’s close …

Read More »

August 19 Market Close: GovCon Index Narrowly Down, Ends Week at Slight Gain

GovConIndexDOWN

Executive Mosaic’s GovCon Index pared back some losses in late afternoon trade Friday to register a narrow weekly gain as Lockheed Martin (NYSE: LMT) extended its stretch of declines to a fourth straight day and CACI International (NYSE: CACI) again led gainers along with other mid-tier primes. Four of the GovCon Index’s 11 S&P …

Read More »