Executive Mosaic’s GovCon Index moved downward as the equities markets closed mixed on the day. The S&P 500 and DJIA ended the day down off -0.20 percent and -0.04 percent respectively while the NASDAQ closed up +0.01. Stocks reacted as Federal Reserve Bank of Chicago President Charles Evans eluted to the potential of multiple interes...
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...
Executive Mosaic’s GovCon Index moved contrary to the markets today to end the week in the positive. The Index closed at 94.094, up 0.853 percent from the week’s open. The markets closed mixed for the day with the S&P 500 and DJIA closing down, 0.13 percent and 0.10 percent respectively. The NASDAQ showed no movement from...
Executive Mosaic’s GovCon Index closed down on the day as markets were mixed. After the Federal Reserve raised rates by one quarter point yesterday the markets responded with modest losses on the S&P500 and DJIA and a nominal gain on the NASDAQ. Treasury yields moved higher and the dollar lower. GovCon Index declines outpaced advances...
Executive Mosaic’s GovCon Index closed up on the day as markets responded positively to the Federal Reserve raising the benchmark lending rate. Not to anybody’s surprise the Federal Reserve raised rates by one quarter point to 1.0 percent, while also giving a strong indication for two additional rate increases later in the year. Of ...
David “Rum” Morgan, business development director at Lockheed Martin’s Sikorsky unit, discusses the suitability of the H-60 Blackhawk for the US Air Force’s competition to replace its aging UH-1N Huey helicopters with 72 new aircraft with Defense & Aerospace Report Editor Vago Muradian. The interview was conducted at the ...
Douglas Dreyer, formerly a senior vice president at Vencore, has been appointed executive VP of business development at Parsons™ federal business unit. Dreyer will oversee the federal group™s business development operations in the U.S. through the company™s office in Centreville, Virginia, Parsons said Thursday. œHe brings 32 yea...
Executive Mosaic’s GovCon Index closed down for the day to 92.798 off -0.123%, contrary to the major markets which all closed slightly up. Investors wait for the February official U.S. jobs data due to release tomorrow. GovCon Index decliners outpaced advancers 19 to 11 as Orbital ATK (NYSE:OA) leds gainers for the second day in a...
Executive Mosaic’s GovCon Index closed down for the day to 92.912 off -0.092%. The major market closed mixed as investors wait to see what the Fed will do with interest rates. The Dow was down 0.33% to close at 20,855.73, the S&P500 off 5.41 points to close at 2,362.98, and the NASDAQ was positive 0.06% to...
Executive Mosaic’s GovCon Index reversed it’s four day losing streak to close up 0.000% to 93.000. Even with the US stocks posting it third lose in the past four days the GovCon Index was able to remain in the positive. GovCon Index advancers split evenly with decliners as seven of its 11 S&P 500 components advanced...
