Employment rates in April rebounded better than expected, as employers added a solid 211,000 jobs. Unemployment dipped to 4.4 percent, its lowest rate in a decade, the Labor Department said Friday. The market added an average of 185,000 jobs a month this year, matching last year’s pace, reports CBS. Hiring was strongest in lower...
Weekly Roundup April 17 – April 21 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson We™re rapidly approaching the middle of FY 2017, and amidst all of the news surrounding President Trump™s FY 2018 budget plan, the border wall, and attempts at healthcare refor...
The Executive Mosaic GovCon Index retreated to close down 0.407 percent to 90.431 giving back one-half of yesterday’s gains. Advancing and declining stocks were pretty well split on the day. U.S. markets all closed down with a disappointing earning report from Goldman Sachs. Leading the decline were healthcare companies, energy produ...
Andy Malay, former director of public sector sales and business development at IBM‘s Workday business, has joined spend management software vendor Coupa Software as regional vice president for the federal government sector. He will be responsible for establishing Coupa’s value-as-a-service spend optimization model&nbs...
The U.S. Navy has awarded five companies spots on a potential five-year, $99 million contract to provide construction support services for the Naval Facilities Engineering Command. NAVFAC received 16 bids for the multiple-award, indefinite-delivery/indefinite-quantity contract that has a one-year base period and four one-year opt...
Weekly Roundup April 3 – April 7 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed several large-scale mergers and acquisitions, as well as a number of executive moves in both the public and private sectors. Computer Sciences Corp....
The First Responder Network Authority has awarded AT&T (NYSE: T) a potential $6.5 billion contract to build a national public safety broadband network for first responders under a 25-year public-private partnership. AT&T will invest approximately $40 billion to develop, field and maintain the national wireless network over the next 25 y...
Weekly Roundup February 6 – February 10 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson We are two weeks into the rollout of Executive Mosaic™s fourth annual Wash100 class of inductees and this year™s edition has been our highest-profile yet with increased re...
Executive Mosaic’s GovCon Index held onto its gain Wednesday with help from Boeing (NYSE: BA) on the airplane maker’s fourth quarter results above analyst forecasts to offset the decline by Textron (NYSE: TXT) after its October-December figures disappointed Wall Street. U.S. stocks by comparison hit all-time highs again in comparison as...
Executive Mosaic’s GovCon Index moved slightly lower Thursday on a mixed market closing with the Dow and S&P 500 down and NASDAQ up. The board markets closed down as retail stocks dropped on reports of disappointing holiday results. Huntington Ingalls lead the GovCon Index once again for the fourth consecutive day of gains, up almost ...
