Executive Mosaic’s GovCon Index closed in narrow range Tuesday despite a majority of the session in positive as declines by aerospace and defense primes offset gains by Harris Corp. (NYSE: HRS) on news of a pending divestiture and Engility Corp. (NYSE: EGL) after quarterly earnings that exceeded Wall Street’s expectations. GovC...
Executive Mosaic’s GovCon Index posted a 1.039-percent or 0.830-point decline Friday to close at 79.036 and record its fifth consecutive weekly loss. Friday saw Northrop Grumman (NYSE: NOC) as the GCI’s best net performer followed by L-3 Communications (NYSE: LLL) and General Dynamics (NYSE: GD), while ...
Executive Mosaic’s GovCon Index fell at least 1 percent for a second straight time Friday to post its fifth consecutive weekly loss after pharmaceutical services provider McKesson Corp. (NYSE: MCK) issued a guidance cut due to nationwide drug pricing pressure on wholesalers. GovCon Index gainers outnumbered laggers at a 2-to-1 r...
Executive Mosaic’s GovCon Index traded higher against mixed activity in U.S. stock markets Wednesday for a second consecutive session on large contributions from Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) after both aerospace-defense companies boosted their full-year outlooks. GovCon Index advancers edged ...
Executive Mosaic’s GovCon Index closed Friday with a 0.364-percent or 0.289-point decline to 79.147 as laggers outnumbered advancers and ended the five-day trading period with its fourth straight weekly loss. Honeywell International (NYSE: HON) was the GCI’s lone S&P 500-listed stock to post a gain on its&nbs...
Executive Mosaic’s GovCon Index held lower Friday as large-cap primes fell to offset a jump by Honeywell International (NYSE: HON) on that company’s in-line third quarter earnings as the GCI ended at its fourth straight weekly loss. GovCon Index laggers outnumbered advancers 2-to-1 in Friday trade and Honeyw...
Executive Mosaic’s GovCon Index closed slightly down for a second consecutive session Thursday as notable gains by Textron (NYSE: TXT) after third quarter earnings and CACI International (NYSE: CACI) were offset by declines in Huntington Ingalls Industries (NYSE: HII) and other large prime contractors. GovCon Index laggers outnumbere...
Executive Mosaic’s GovCon Index posted little change for a second consecutive session Monday on mixed results among its large-cap companies as U.S. stocks closed mostly lower due to a sell-off in consumer and energy sector shares that coincided with a decline in crude oil prices. GovCon Index laggers outnumbered advancers and four&nb...
Executive Mosaic’s GovCon Index returned above the 80-point barrier Monday on strong gains by Boeing (NYSE: BA) and services-oriented companies as energy shares led U.S. stocks higher in conjunction with a rise in crude oil prices. GovCon Index gainers outnumbered laggers at a 6-to-1 ratio but five of its 11 S&P 500 componen...
Executive Mosaic’s GovCon Index held higher against narrow trading activity in U.S. financial markets Thursday on strong performances by CACI International (NYSE: CACI) and defense platform makers as Booz Allen Hamilton (NYSE: BAH) rallied to recoup one-half of losses from a steep fall Wednesday. ThursdayR...
