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Executive Mosaic’s GovCon Index held negative in a light trading session for U.S. stocks Tuesday as defense primes led GCI losses ahead of the July jobs report scheduled for release before markets open Friday. Tuesday’s decline represents the GovCon Index’s fifth decline over six days in a stretch driven by extended losse...
Executive Mosaic’s GovCon Index snapped a five-day losing streak Monday on advances by mid- and large-tier defense contractors as gains by financial shares led Wall Street to end its three-day stretch of declines. GovCon Index gainers outnumbered laggers by a roughly 3-to-1 ratio and nine of the GCI’s 11 S&P 500-listed...
Executive Mosaic’s GovCon Index closed Friday with a 0.359-point drop to 81.205 and recorded a second straight weekly loss following Federal Reserve Chair Janet Yellen’s comments on a potential interest rate hike. Yellen has told central bankers in Wyoming the current low unemployment rate and increased price sta...
Executive Mosaic’s GovCon Index stumbled to negative in late morning trade Friday for a second straight weekly loss as U.S. stocks tried for gains shortly before the close after Federal Reserve Chair Janet Yellen told central bankers in Wyoming she believes the case has strengthened for another interest rate hike. Friday’s clos...
Executive Mosaic’s GovCon Index traded lower against across-the-board gains by U.S. stocks Tuesday as declines by large prime defense contractors weighed on the GCI. GovCon Index gainers edged laggers but only four of the GCI’s 11 S&P 500-listed stocks closed green as Lockheed Martin (NYSE: LMT) and Northrop Grumm...
Executive Mosaic’s GovCon Index recovered from a slightly negative open Monday and held positive against choppy activity in U.S. stock markets as speculation over the next interest rate hike continued to dominate investors’ attention. GovCon Index gainers outnumbered laggers and unchanged stocks by a 2-to-1 ratio and eight of t...
Executive Mosaic’s GovCon Index recorded a decline of 0.090 points to 82.025 Friday and closed the week with a gain as four of GCI’s 11 S&P 500-listed stocks ended in green during the period’s last trading session. CACI International (NYSE: CACI) led the net gainers along with other midtier primes, while Orbital ATK ...
Executive Mosaic’s GovCon Index pared back some losses in late afternoon trade Friday to register a narrow weekly gain as Lockheed Martin (NYSE: LMT) extended its stretch of declines to a fourth straight day and CACI International (NYSE: CACI) again led gainers along with other mid-tier primes. Four of the GovCon Index̵...
Executive Mosaic’s GovCon Index rebounded Thursday from a two-session stretch of losses on a surge by CACI International‘s (NYSE: CACI) stock after the government services contractor topped Wall Street’s fourth quarter and full-year forecasts. Arlington, Virginia-based CACI said the February acquisition of the Nation...
Executive Mosaic’s GovCon Index extended its losses Wednesday on another steep drop by Lockheed Martin (NYSE: LMT) and declines by services contractor stocks despite an afternoon reversal by U.S. stocks into narrow range from red after the latest Federal Reserve meeting minutes went public. GCI gainers slightly outnumbered laggers wi...
