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...
Executive Mosaic’s GovCon Index closed higher Thursday on strong performances by CACI International (NYSE: CACI) and Harris Corp. (NYSE: HRS) after both contractors reported quarterly earnings above Wall Street’s expectations. U.S. stocks in contrast ended mostly flat as investors waited Friday’s job report and weighed Preside...
Dave Mader, former controller at the Office of Management and Budget, has been named chief strategy officer for the civilian sector of Deloitte‘s federal government practice. Deloitte said Monday Mader will help develop the sector’s strategy, lead efforts to grow shared service offerings and enterprise risk manag...
Executive Mosaic’s GovCon Index posted its largest decline in seven weeks Monday as the general U.S. stock market also saw increased selling activity amid investor concern over the Trump administration’s immigration measure to bar entry into the U.S. from seven Middle East countries. Only three of the GovCon Index’s 30 co...
Octo Consulting Group has purchased the SeaPort-e business unit from Laurel, Maryland-based federal digital and cloud services provider Aquilent for an undisclosed sum. Octo said Wednesday it assumed the support contract for the SeaPort-e electronic platform with the U.S. Navy before Booz Allen Hamilton (NYSE: BAH) completed the acquisition of ...
Executive Mosaic’s GovCon Index moved higher Tuesday on broad gains among defense primes as U.S. stocks closed significantly higher with the Dow Jones Industrial flirting with the 20, 000 mark. GovCon Index gainers outnumbered laggards by a 3-to-1 ratio Tuesdayy and nine of its 11 S&P 500 components advanced with co-listed ...
Executive Mosaic’s GovCon Index closed Friday with a 0.001-point gain to 88.541 to remain nearly flat in the last day of trading before the holiday. Financial markets were thinly traded and showed minor change before the weekend. Gainers in the Index outnumbered decliners 19 to 11. Market Summary Index Value Net Change % Change GovCo...
Executive Mosaic’s GovCon Index closed unchanged. Financial markets were thinly traded and showed minor change in preparation for the upcoming Holiday. The GovCon Index ending the day at 88.541 up 0.001 points or 0.001 percent. Gainers outplaced decliners 19 to 11. Market Summary Index Value Net Change % Change GovCon Index 88.541 +0.001 ...
Executive Mosaic’s GovCon Index closed lower Tuesday in a session that saw the U.S. stock bellwether S&P 500 close at an all-time record high as investors restarted post-election buying activity in sectors they expect to see growth under a Donald Trump administration. Tuesday’s flat movement by the GCI follows Monday’...
Executive Mosaic™s GovCon Index closed Friday up 0.476 percent to 90.426, with gainers outnumbering laggers by a 2-to-1 ratio, as the climb of defense stocks continues following the election of Donald Trump. McKesson Corp. (NYSE: MCK) was the GCI™s top net advancer while Science Applications International Corp. (NYSE: SAIC) was the top per...
