The Executive Mosaic GovCon Index closed up almost a full percentage point with advancing stocks 29 to 1 versus decliners. U.S. markets surged as the Treasury Secretary comments gave support that the Trump administration would cut taxes soon. At market close WTI was up $0.18 to $50.26 per barrel as traders speculate that oil supply in the...
The Executive Mosaic GovCon Index closed up as advancing stocks outpaced declining 2 to 1. U.S. markets closed mixed as the economy grew at modest to moderate rates per the Bloomberg report. IBM reported weak earnings which helped hold the markets back. At market close WTI was also down $1.86 to $ 50.55 per barrel in response...
The Executive Mosaic GovCon Index turned in better than 1 percent gain on the day as advancing stocks closed 29 to 1 versus decliners. With the European markets closed the U.S. markets all closed strongly as investors geopolitical concerns dampened. At market close WTI was down $0.57 to $ 52.61 per barrel as the shale drilling increased...
The Executive Mosaic GovCon Index closed up 0.028 percent to 90.847 with KBR at the top after announcing the settlement of a decade long legal dispute. The GovCon Index advancing companies outpaced decliners 2 to 1. The major markets showed nominal movement as investors remain on the sidelines watching the Asian and Middle East political c...
Belcan, a portfolio company of private investment firm AE Industrial Partners, has agreed to buy Schafer Corp. from Metalmark Capital Partners for an undisclosed amount in a move to expand its technical and engineering service offerings. Both companies expect to complete the transaction in the second quarter of 2017, Belcan said ...
The Executive Mosaic GovCon Index reversed its six day downward trend to close up 0.436 percent to 90.300. There was positive movement in GovCon stocks as advancers outpaced decliners by 6 to 1. The major indices all closed slightly higher as energy stocks rose with crude oil prices and retailers are up on strong sales reports. Investors...
Even though advancers outpaced decliners 2 to 1 the Executive Mosaic’s GovCon Index closed down on the back of the 13.08 percent loss by SAIC (NYSE:SAIC). SAIC reported 4th quarter earning that fell short of analyst expectations. At market close WTI broke through the $50 mark closing at $50.40 up 0.89 per barrel on comments from...
Executive Mosaic’s GovCon Index reaches new 30 day low to close at 91.123 down 0.425 percent. The major U.S. markets closed mixed on the day with the S&P500 and DJIA reaching new 30 day lows and the NASDAQ closing up. Investors are still trying to figure the impact of Trump’s no vote on the healthcare bill...
Executive Mosaic’s GovCon Index closed at a 30 day low ending the day at 92.042 down 1.62 percent. The equities markets reached a new 30 day low with the S&P 500 at 2344.02 down 1.24 percent, the DJIA off 1.14 percent to close at 20,668.01, and the NASDAQ ended the day at 5,793.83 down 1.83 percent....
On Wednesday of last the Federal Reserve raised rates by one quarter point to 1.0 percent, while giving a strong indication of the potential for two additional rate increases to come later in the year. Executive Mosaic’s GovCon Index moved up to end the week in the positive. The Index closed at 94.094, up 0.853 percent...
