David Smith

May 11 Market Close: GovCon Index Down, Rumors of a Possible Textron Acquisition

The Executive Mosaic GovCon Index posted minor losses to close down 0.011 percent to 93.282 with advancers and decliners split evenly. Textron topped of the GovCon Index board gaining 3.60 per cent on rumors of a possible acquisition by Lockheed Martin hit the streets. U.S. major markets closed down as the Bloomberg Consumer …

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May 10 Market Close: GovCon Index Down, Markets Mixed as S&P500 and NASDAQ Reach New Highs

The Executive Mosaic GovCon Index closed down 0.199 percent to 93.292. Vectrus reported strong first quarterly financial results to top of the GovCon Index board posting a 12.00 percent gain. Major markets closed mixed with S&P pushing up against the 2,400 mark closing at new high of 2,399.63. The NASDAQ continues its …

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May 9 Market Close: GovCon Index Up, Markets Mixed as NASDAQ Reaches New High

The Executive Mosaic GovCon Index closed up 0.118 percent to 93.478 as advancers outpaced decliners 2 to 1. AECOM led the 30 GovCon Index companies as the company beat analysts projections reporting 5 percent quarterly earnings growth. Major markets closed mixed with softness in commodity prices. The NASDAQ reached a new all …

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May 8 Market Close: GovCon Index Down and Markets Up

The Executive Mosaic GovCon Index closed down 0.318 percent to 93.368, as decliners outpaced advancers 2 to 1. The major markets closed unchanged with centrist Emmanuel Macron winning the French presidential election on Sunday. Saudi Arabia and Russia indicated they may extend production cuts into 2018 which drove WTI was up $0.21 …

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May 8 Morning Report: Friday Close – GovCon Index at 30 Day High and Major Markets Set New Records

The Executive Mosaic GovCon Index ended Friday at a 30 day high closing at 93.666 up 0.915 percent on the day as advancers outpaced decliners 5 to 1. ICF was at the top of the leader board with a 6.29 percent increase in share value driven by a robust first quarter earnings …

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May 4 Market Close: GovCon Index Up, Markets Mixed as House Votes to Overturn Obamacare

The Executive Mosaic GovCon Index closed up 0.470 percent to 92.817 as advancers outpaced decliners 4 to 1. CACI lead the way with an almost 10 percent share value increase as their reported first quarter earnings beat analysts expectations. Major markets closed mixed with little change as the House of Representatives voted …

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May 3 Market Close: GovCon Index Down as Markets Close Mixed on Unchanged Fed Rate

The Executive Mosaic GovCon Index closed down 0.306 percent to 92.383 as decliners outpaced advancers 2 to 1. Major markets closed mixed as the Federal Reserve left interest rates unchanged and the U.S. economy is showing weakness At market close WTI was down $0.43 compared to the market open of $48.12 per …

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May 2 Market Close: GovCon Index Up as Major Markets Close to Record Highs

The Executive Mosaic GovCon Index closed up 0.319 percent to 92.667 as the large platform companies lead the way. Advancers outpacing decliners 2 to 1. On an active day of earnings reports the S&P500 and DJIA flirted with reaching 52 week highs as the NASDAQ set another record. At market close WTI …

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May 1 Market Close: GovCon Index Up as Markets Close Mixed

The Executive Mosaic GovCon Index closed down 0.274 points, 0,296 percent to 92.372 with advancers and decliners evenly split. The major market were mixed on the day with the DJIA down and the S&P500 and the NASDAQ up. The NASDAQ reached another record high at 6,091.60. At market close WTI fell to …

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