Even though advancers outpaced decliners 2 to 1 the Executive Mosaic’s GovCon Index closed down on the back of the 13.08 percent loss by SAIC (NYSE:SAIC). SAIC reported 4th quarter earning that fell short of analyst expectations. At market close WTI broke through the $50 mark closing at $50.40 up 0.89 per barrel on comments from...
As of 3:00 PM (EST) the Executive Mosaic’s GovCon Index reversed its three day downward trend to post positive gain of 0.846 to 91.969. The major indices were all up on the day with the S&P500 at 2,361.81 up 20.04 points, the DJIA reaching 20,719.45 up 172.67 points, and the NASDAQ up 44.57 points to 5,884.95....
Catherine Kuenzel, formerly executive vice president and general manager of the homeland security group at CSRA (NYSE: CSRA), has joined Microsoft (Nasdaq: MSFT) as vice president of enterprise services for the company’s public sector business in the Americas, GovCon Wire has learned. Before she joined CSRA in 2015, Kuenzel was VP and GM of ho...
Executive Mosaic’s GovCon Index moved down in lock step with the major U.S. markets. The major U.S. markets reversed their earlier gains to close down late in the day as the GOP delayed the vote on their healthcare bill. The Trump administration are still attempting to reach agreement with conservative Republicans on certain aspects of th...
Executive Mosaic’s GovCon Index moved up as stocks partially rebound from yesterday’s steep losses. After yesterday’s more than 1 percent drop the markets closed mixed with the S&P 500 and NASDAQ up on the day and the DJIA down. Investors were mixed as they wait for the Republican health care bill to be voted on in...
Executive Mosaic’s GovCon Index closed at a 30 day low ending the day at 92.042 down 1.62 percent. The equities markets reached a new 30 day low with the S&P 500 at 2344.02 down 1.24 percent, the DJIA off 1.14 percent to close at 20,668.01, and the NASDAQ ended the day at 5,793.83 down 1.83 percent....
TYSONS CORNER, VA, March 21, 2017 ” The Virginia Business magazine has named several leaders in the government contracting sector in its list of the 50 “Most Influential” Virginians for 2017, GovCon Executive reported Thursday. The Northern Virginia Technology Council said March 13 some of its board members, represent...
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...
