Executive Mosaic’s GovCon Index closed at a slight loss Wednesday to show a fourth session of tight movement over the last five on mixed activity in its large-cap members as U.S. stocks rode gains by energy producers on a 15-month high settlement in crude oil prices. GovCon Index laggers slightly edged gainers and...
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 adva...
Executive Mosaic’s GovCon Index fell out of narrow range in afternoon trade Thursday to close down 1 percent and position itself for a second consecutive monthly loss with one day left in September as fears over the health of Deutsche Bank both dragged down banking shares and overshadowed U.S. financial markets. KBR (NYSE: KBR) ...
Executive Mosaic’s GovCon Index closed Friday with a decline of 0.495 percent to 81.375 but posted a weekly gain of 2.57 percent after the Federal Reserve decision Wednesday to maintain current interest rates. The GCI’s S&P 500-listed companies and other large defense contractors helped drive gains,...
Executive Mosaic’s GovCon Index dropped Friday but registered a weekly gain as U.S. stocks took a break from their two-day surge after the Federal Reserve left interest rates unchanged Wednesday. The post-Fed decision rally helped the GCI add 2.57 percent over five days with its S&P 500-listed c...
Executive Mosaic’s GovCon Index closed in narrow range Tuesday after Cowen and Company downgraded the stock of military shipbuilder Huntington Ingalls Industries (NYSE: HII) and GCI decliners over gainers at roughly 2-to-1 ratio. Newport News, Virginia-based Huntington Ingalls ended as the GovCon Index’s worst net performe...
September 12 – September 16 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For those of us who follow financial markets and in particular U.S. GovCon stocks, let’s take a deep breath during this slightly slower Friday session and take a brief look at the wi...
Executive Mosaic’s GovCon Index closed Friday with a 2.30-percent drop to 79.822 to post a two-month low with all 30 registered companies in the negative. U.S. markets also dropped with the S&P 500 at 2, 127.81, the Dow Jones Industrial Average at 18, 085.45 and Nasdaq at 5, 125.91. Investors have express...
Executive Mosaic’s GovCon Index closed down sharply to reach a two month low. The Index retreated back to levels not seen since early July with all thirty companies declining. Markets responded to intensified fears that the Federal Reserve could finally pull the trigger on raising rates after a nearly ten month hiatus. Companies have bene...
Executive Mosaic’s GovCon Index fell Wednesday to register a fifth decline over seven sessions in a stretch that puts the GCI in negative territory for August and ends its streak of monthly declines at six as U.S. market speculation over the next rate hike overshadows trading activity. Investors are looking at Friday’...
