Search Results for: Maximus

November 9 Intraday Special Report: GovCon Index Up 4% & Surging Toward Largest One-Day Climb, Defense Primes Pace Gains

As of 11:15 a.m. Eastern time, Executive Mosaic’s GovCon Index is trading up 4 percent and on pace to record its largest one-day gain since its October 2014 inception as investors have snapped up shares in large defense primes after the upset victory by Donald Trump in the U.S. presidential …

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November 8 Market Close: GovCon Index, US Stocks Move Green on Election Day

Executive Mosaic’s GovCon Index traded higher in conjunction with advances by U.S. stocks Tuesday as citizens cast their votes and investors looked for clues on the election’s final result. GovCon Index advancers outnumbered decliners at a 2-to-1 ratio and seven of its 11 S&P 500 companies moved green with General Dynamics (NYSE: GD) …

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November 7 Morning Report: GovCon Index Enters Election Eve on 6-Week Losing Streak

Executive Mosaic’s GovCon Index enters the eve of the U.S. presidential election on a six-week streak of declines with Friday’s close at 78.088, up 0.024 points from Thursday. Both the GCI and U.S. stock market at-large have felt effects of election-related uncertainty among investors over the past month with frequent swings …

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November 4 Market Close: GovCon Index Stuck in Neutral, Posts 6th Straight Negative Week as Election Draws Closer

Executive Mosaic’s GovCon Index gave back most of its morning gains Friday to close in narrow range on mixed large-cap stock performances and register its sixth straight weekly decline. Friday afternoon trading activity saw the GCI reset itself with the larger U.S. financial market as investors watched for new election-related developments and gauged the …

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November 1 Market Close: GovCon Index Flat, Harris & Engility Bounces Offset By Aerospace Declines

Executive Mosaic’s GovCon Index closed in narrow range Tuesday despite a majority of the session in positive as declines by aerospace and defense primes offset gains by Harris Corp. (NYSE: HRS) on news of a pending divestiture and Engility Corp. (NYSE: EGL) after quarterly earnings that exceeded Wall Street’s expectations. GovCon Index …

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October 31 Morning Report: GovCon Index Records 1.039% Drop Friday to Close 5th Weekly Loss

Executive Mosaic’s GovCon Index posted a 1.039-percent or 0.830-point decline Friday to close at 79.036 and record its fifth consecutive weekly loss. Friday saw Northrop Grumman (NYSE: NOC) as the GCI’s best net performer followed by L-3 Communications (NYSE: LLL) and General Dynamics (NYSE: GD), while AECOM (NYSE: ACM), L-3 Communications and KBR (NYSE: KBR) were the …

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October 28 Market Close: GovCon Index Falls to 5th Consecutive Weekly Loss on McKesson Earnings Miss

Executive Mosaic’s GovCon Index fell at least 1 percent for a second straight time Friday to post its fifth consecutive weekly loss after pharmaceutical services provider McKesson Corp. (NYSE: MCK) issued a guidance cut due to nationwide drug pricing pressure on wholesalers. GovCon Index gainers outnumbered laggers at a 2-to-1 ratio and eight …

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October 26 Market Close: GovCon Index Gets Northrop & Boeing Lift Against Mixed US Stock Trade

Executive Mosaic’s GovCon Index traded higher against mixed activity in U.S. stock markets Wednesday for a second consecutive session on large contributions from Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) after both aerospace-defense companies boosted their full-year outlooks. GovCon Index advancers edged laggers and nine of its S&P 500 companies gained as the latter U.S. stock bellwether …

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October 24 Morning Report: GovCon Index Posts 4th Consecutive Weekly Loss

Executive Mosaic’s GovCon Index closed Friday with a 0.364-percent or 0.289-point decline to 79.147 as laggers outnumbered advancers and ended the five-day trading period with its fourth straight weekly loss. Honeywell International (NYSE: HON) was the GCI’s lone S&P 500-listed stock to post a gain on its third-quarter earnings and revenue and was the second-best net gainer …

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October 21 Market Close: GovCon Index Down, Posts 4th Straight Weekly Loss

Executive Mosaic’s GovCon Index held lower Friday as large-cap primes fell to offset a jump by Honeywell International (NYSE: HON) on that company’s in-line third quarter earnings as the GCI ended at its fourth straight weekly loss. GovCon Index laggers outnumbered advancers 2-to-1 in Friday trade and Honeywell was the GCI’s lone S&P 500-listed stock of …

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