Executive Mosaic’s GovCon Index set a third straight record-high close Friday to a third consecutive weekly gain in a shortened U.S. stock trading session as financial markets closed at 1 p.m. Eastern time. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and all 11 of its S&P 500 stocks closed green wi...
Executive Mosaic’s GovCon Index extended its current stretch of gains to a fifth straight session Wednesday and a second consecutive all-time record close to stay on track for a third straight weekly rise in a shortened trading week. U.S. stock markets are closed Thursday for the Thanksgiving holiday and are open 9:30 a.m.-1 p.m. Eastern ...
Executive Mosaic’s GovCon Index set a new closing record Tuesday with a 1-percent gain paced by defense prime and government services stocks as the U.S. bellwether S&P 500 also ended at an all-time high in spite of healthcare stock declines. GovCon Index advancers outnumbered decliners at a 4-to-1 ratio and nine of its ...
Carey Smith, former president of Honeywell‘s (NYSE: HON) defense and space business, has joined Parsons Corp. as president of the Pasadena, Calif.-based engineering and infrastructure services contractor’s U.S. federal business unit. Parsons said Tuesday Tom Roell will return to his full-time post as vice chairman and chief risk adviser ...
Executive Mosaic’s GovCon Index nudged a slight gain Thursday in a mostly positive session for the U.S. stock market at-large as investors listened to Federal Reserve Chair Janet Yellen’s congressional testimony. GovCon Index decliners edged advancers and three of its 11 S&P 500 components closed green with H...
Executive Mosaic’s GovCon Index traded lower Wednesday on sell-offs in its largest defense prime components as U.S. stocks also held modestly down with financial stocks and utilities among the most notable decliners. GovCon Index laggards outnumbered gainers by a 2-to-1 ratio and all 11 of its S&P 500 components fell with Lo...
Executive Mosaic’s GovCon Index added at least 1 full percent for a fourth consecutive session Monday to new all-time high as defense primes continued to lead gainers and construction company AECOM (NYSE: ACM) also climbed after its CEO offered investors a positive outlook on U.S. infrastructure spending. GovCon Index gainers outnumbered ...
Executive Mosaic’s GovCon Index added 2 percent to another record close Thursday as investors continued a buying spree on defense stocks after Donald Trump’s election win and Maximus (NYSE: MMS) rebounded after its sharp drop Wednesday. GovCon Index gainers again outnumbered laggers at a 9-to-1 ratio for a second consecuti...
As of 11:15 a.m. Eastern time, Executive Mosaic’s GovCon Index is trading up 4 percent and on pace to record its largest one-day gain since its October 2014 inception as investors have snapped up shares in large defense primes after the upset victory by Donald Trump in the U.S. presidential election. U.S. stocks seesawed between...
GovCon Index-listed Vectrus (NYSE: VEC) said Tuesday the U.S. Army will seek revised proposals for a recompeted logistics contract the company originally was not selected for in late September as the program’s current iteration represents the largest the contractor’s portfolio. Vectrus added it is also awaiting a Governmen...
