Executive Mosaic’s GovCon Index closed down on the day as markets were mixed. After the Federal Reserve raised rates by one quarter point yesterday the markets responded with modest losses on the S&P500 and DJIA and a nominal gain on the NASDAQ. Treasury yields moved higher and the dollar lower. GovCon Index declines outpaced advances...
Executive Mosaic’s GovCon Index and U.S. stocks fell Tuesday at their worst one-day declines over the past month as investors looked ahead to President Donald Trump’s speech before a joint session of Congress at 9:00 p.m. Eastern time for further clues on his economic agenda that has included promises of tax cuts, deregula...
Weekly Roundup February 21 – February 24 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson STG Group announced the next step in its journey as a publicly-traded government contractor this week with its first acquisition since the company started to offer its shares in th...
Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumber...
Executive Mosaic’s GovCon Index closed at a new all-time high for a fourth consecutive session on strong fourth quarter earnings from Huntington Ingalls Industries (NYSE: HII) as the U.S. benchmark S&P 500 retreated Thursday after a five-day stretch of record closes. Both the GCI and U.S. equities had set cont...
Executive Mosaic’s GovCon Index hit a new all-time record close Tuesday on a strong performance from blue chip stock McKesson Corp. (NYSE: MCK) as U.S. equities also reached new highs for a third consecutive session Tuesday after Federal Reserve Chair Janet Yellen’s testimony to Senate lawmakers on Capitol Hill. GovCo...
Executive Mosaic’s GovCon Index rose Monday in tandem with major U.S. equity indices that set new record highs as investors continued to bet President Donald Trump’s plans for lower corporate taxes and regulations can boost economic growth. GovCon Index advancers outnumbered decliners by an 8-to-1 ratio as 10 of its 11 S&P ...
Executive Mosaic’s GovCon Index posted a 0.971-percent gain Friday to close above 90 points for the first time in two months as Cubic Corp. (NYSE: CUB) topped GCI among both net and percentage performers. Cubic had a 52-week high following a seven-percent increase in first-quarter sales compared to the same period last year...
Executive Mosaic’s GovCon Index closed above the 90-point barrier for the first time in two months Friday to end the week higher as all three major U.S. stock indices closed at record highs for a second consecutive session on extended investor anticipation over President Donald Trump’s tax announcement within the next few weeks. GovCon I...
The U.S. Army has awarded eight companies positions on a potential nine-year, $3.04 billion contract to support research and development of space or high-altitude and missile defense technologies. Contractors will vie for task orders to help the Army design, build, integrate, demonstrate and provide domain-one services for hardware and sof...
