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Financial Report

Fairfax County Board OKs General Dynamics Plan for Reston, Virginia HQ Site

General Dynamics (NYSE: GD) will move to establish a new corporate headquarters on a 21-acre property in Reston, Virginia after the Fairfax County Board of Supervisors approved the aerospace and defense contractor’s development plan. Fairfax County said Thursday that General Dynamics plans to move 175 employees from the current 175, 000-square-foot office it leases at Fairview Park …

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

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) …

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September 21 Market Close: GovCon Index Returns Above 80 After Fed Holds on Rate Hike & Signals December Move

Executive Mosaic’s GovCon Index added 1 percent Wednesday to record its best session in two months and close above 80 points for the first time since Sept. 12 with 29 out of 30 stocks in positive after the Federal Reserve left benchmark interest rates unchanged and signaled a potential move in …

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

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 …

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

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 …

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September 19 Morning Report: GovCon Index Posts Friday, Weekly Drop Ahead of Fed Reserve Meeting

Executive Mosaic’s GovCon Index closed in the negative Friday with a 0.953-percent or 0.760-point drop to 78.957. The Index also recorded a weekly decline ahead of the Federal Reserve‘s two-day meeting on Sept. 20 and 21. All of GCI’s S&P 500 stocks posted losses in Friday’s session while four registered gains for the week, with Honeywell …

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

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 …

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September 15 Market Close: GovCon Index Surges to Extend Volatility, Primes Lead Gains

The GovCon Index rallied Thursday to extend its current stretch of volatility into a fifth straight session as large primes and S&P 500-listed contractors led advancers in conjunction with gains in the larger U.S. stock market on economic data traders view as a factor against a September interest rate hike. The GovCon Index …

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September 14 Market Close: GovCon Index Closes Down Slightly, After Past Few Days Roller Coaster Ride

Executive Mosaic’s GovCon Index closed down slightly after significant market swings the past three days. Declining shares outpaced advancing 23 to 6. Market closed mixed with DJIA and S&P500 down and the NASDAQ tech stocks up on the day. Investor are still cautious ahead of next week’s Fed meeting and the potential …

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September 13 Market Close: GovCon Index Down With Concerns Over Interest Rate Hike

Executive Mosaic’s GovCon Index closed down sharply after Monday’s rally. The Index hit a new two month low to close at 79.605 off 1.39 percent on the day. Declining shares outpaced advancing 28 to 2. The markets responded to further uncertainty about an increase in U.S. interest rates, and a significant …

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