Executive Mosaic’s GovCon Index closed the week slightly higher Friday as the Dow neared the 20.000 mark. The major markets enjoyed a shot in the arm from The Labor Department’s report that 156, 000 new jobs were added in December. Advancers equaled decliners on the day with the GovCon Index closing up 2.0% on the short...
Executive Mosaic’s GovCon Index moved slightly lower Thursday on a mixed market closing with the Dow and S&P 500 down and NASDAQ up. The board markets closed down as retail stocks dropped on reports of disappointing holiday results. Huntington Ingalls lead the GovCon Index once again for the fourth consecutive day of gains, up almost ...
Executive Mosaic’s GovCon Index moved higher for the second day in a row Wednesday on broad gains across almost all of the thirty stocks that make up index. The Dow Jones Industrial moved ever closer to the 20, 000 mark, closing at 19, 942.16 up 0.30 percent. GovCon Index gainers outnumbered laggards by a 14-to-1 ratio...
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 ...
Huntington Ingalls Industries (NYSE: HII) has secured a $486 million contract to build a ninth National Security Cutter for the U.S. Coast Guard. The company said Friday that Legend-class NSCs are the flagships of the Coast Guard’s cutter fleet and will replace 12 current Hamilto...
Executive Mosaic’s GovCon Index registered a loss Friday to close what was only its second weekly decline since the Nov. 8 election of Donald Trump and end December in the negative. GCI decliners outnumbered gainers by a 3-to-1 ratio in the last trading session of 2016, while 25 out of 30 Index companies advanced on a yearly bas...
Executive Mosaic’s GovCon Index retreated Friday in the final trading session of 2016 to close a negative December but but a positive year on a boost to defense stocks in the post-election rally that has swept through U.S. markets. The GovCon Index closes 2016 with a year-to-date gain of 16.73 percent as the U.S. stock...
Executive Mosaic’s GovCon Index tumbled Wednesday on notable declines by large defense and government services primes as U.S. stocks also fell with every major sector in negative territory to damper hopes of a Dow Jones Industrial Average close above 20, 000 before the year’s end. Two out of 30 GovCon Index stocks gained and no...
Executive Mosaic’s GovCon Index traded higher Tuesday to start the final trading week of 2016 as GCI-S&P 500 company Lockheed Martin (NYSE: LMT) led gains in conjunction with positive performances by mid- and lower-tier primes and services contractors. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and eig...
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...
