Search Results for: Goldman Sachs

Constellis to Buy Centerra Group in Public Sector Risk Mgmt Push

Constellis has agreed to buy Centerra Group and its subsidiaries from an Alvarez & Marsal Capital affiliate for an undisclosed sum in a move to expand Constellis’ U.S. footprint and build up its relationships with government customers in the risk management sector. Both companies expect to complete the transaction in the …

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January 25 Market Close: GovCon Index Higher on Boeing Earnings Beat, Textron Miss Weighs

Executive Mosaic’s GovCon Index held onto its gain Wednesday with help from Boeing (NYSE: BA) on the airplane maker’s fourth quarter results above analyst forecasts to offset the decline by Textron (NYSE: TXT) after its October-December figures disappointed Wall Street. U.S. stocks by comparison hit all-time highs again in comparison as the S&P …

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December 16 Market Close: GovCon Index Flat, Snaps 5-Week Gain Streak in Volatile US Stock Trading Session

Executive Mosaic’s GovCon Index swung to negative territory in a volatile afternoon session for U.S. stocks Friday as equities retreated from morning gains after reports surfaced that China’s navy seized a U.S. unmanned underwater drone in the South China Sea. The GovCon Index’s streak of five consecutive weekly gains also ended Friday but …

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October 18 Market Close: GovCon Index Climbs on Orbital ATK Post-Launch Surge, Primes Pace Gain

Executive Mosaic’s GovCon Index closed just shy of a full 1-percent gain Tuesday on a large upswing by Orbital ATK (NYSE: OA) after the company’s successful rocket launch Monday night and gains by other prime contractors. GovCon Index gainers outnumbered laggers at a 9-to-1 ratio and 10 of its 11 S&P 500 companies …

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October 17 Morning Report: GovCon Index Posts Flat Friday Trading, 3rd Straight Weekly Drop

Executive Mosaic’s GovCon Index remained flat Friday with an equal number of advancing and declining issues amid U.S. stock market gains on bank earnings reports from Citigroup, Wells Fargo and Goldman Sachs. Huntington Ingalls Industries (NYSE: HII) is the GCI’s top net gainer and Vectrus (NYSE: VEC) the top percentage gainer Friday. The Index has posted its third straight weekly decline, …

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October 14 Market Close: GovCon Index Flat on Even Gainer-Lagger Split, Posts 3rd Straight Weekly Loss

Executive Mosaic’s GovCon Index held flat Friday despite gains in the larger U.S. stock market on positive bank earnings reports and Federal Reserve Chair Janet Yellen’s comment that the country may be able to handle a “high pressure” economy with a tight labor market. Friday’s gain was not enough to lift the GovCon Index into positive over …

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October 12 Market Close: GovCon Index Rises on HII, Honeywell Bounces in Narrow US Trading Session

Executive Mosaic’s GovCon Index held higher Wednesday on gains by Huntington Ingalls Industries (NYSE: HII) and Honeywell International (NYSE: HON) as the U.S. stock bellwether S&P 500 index showed little change with the Federal Reserve‘s September meeting minutes the main focus of investor attention. GovCon Index gainers slightly outnumbered laggers and six of its 11 …

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October 11 Market Close: GovCon Index Plummets 1%, Earnings & Inflation Worries Loom Over Markets

Executive Mosaic’s GovCon Index plunged 1 percent Tuesday to post its worst one-day performance in two months with all 30 companies in red at the close as U.S. financial markets entered sell-off mode on investor worries over dim third quarter corporate earnings and the fast pace of inflation. Six of the GovCon Index’s …

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Reports: Airbus to Shed 23.6% Dassault Aviation Stake

Global aerospace and defense contractor Airbus Group will sell its 23.6 percent stake in Dassault Aviation and use money from the stock sales for “general corporate purposes, ” the Wall Street Journal reported Thursday. Robert Wall writes Airbus aims to shed 9.05 percent of its total ownership in Dassault through an accelerated bookbuild process and sell another 5.5 …

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May 3 Market Close: GovCon Index Sinks on Harris Guidance Cut, CACI’s Extended Slide as Northrop Gets Upgrade

The GovCon Index held negative throughout Tuesday trade and closed at a decline of 0.489 points to 76.365 with Harris Corp. (NYSE: HRS) as the largest lagger after another full-year guidance cut by the military radio maker. Melbourne, Florida-based Harris fell 5.48 percent — or $4.43 — after the company reduced the 12-month revenue forecast in its …

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