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...
Executive Mosaic’s GovCon Index traded higher in conjunction with advances by U.S. stocks Tuesday as citizens cast their votes and investors looked for clues on the election’s final result. GovCon Index advancers outnumbered decliners at a 2-to-1 ratio and seven of its 11 S&P 500 companies moved green with General Dyna...
Executive Mosaic’s GovCon Index recorded its best one-day gain in seven weeks Monday with a 2-percent gain that mirrored across-the-board rallies by U.S. stocks as investors welcomed the FBI‘s weekend letter to reiterate the agency’s stance that Hillary Clinton’s email usage was not a crime. The U.S. ...
Executive Mosaic’s GovCon Index enters the eve of the U.S. presidential election on a six-week streak of declines with Friday’s close at 78.088, up 0.024 points from Thursday. Both the GCI and U.S. stock market at-large have felt effects of election-related uncertainty among investors over the past month with frequent swings between...
Executive Mosaic’s GovCon Index gave back most of its morning gains Friday to close in narrow range on mixed large-cap stock performances and register its sixth straight weekly decline. Friday afternoon trading activity saw the GCI reset itself with the larger U.S. financial market as investors watched for new election-related developments and...
October 31 – November 4, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In this last full week before a most unusual election, the evolving narrative of a re-shaping government contracting landscape added more chapters as this week™s assortment of stories Go...
Executive Mosaic’s GovCon Index closed narrowly down in the midst of a larger selloff in U.S. financial markets Wednesday as declines by defense primes offset gains on guidance boosts by government services contractors Booz Allen Hamilton (NYSE: BAH) and ICF (Nasdaq: ICFI) along with a sharp rise by McKesson Corp. (NYSE: MCK). B...
Jeff McCray, former vice president of international business development at BAE Systems, has joined Huntington Ingalls Industries (NYSE: HII) to serve in the same role and lead a new office that HII will open in Canberra, Australia. He will report to Mike Smith, executive VP for strategy and development at HII, and oversee the development of...
Executive Mosaic’s GovCon Index traded in tight range Monday to record its third straight monthly decline with a second week of quarterly financial reports from GCI companies set to begin Tuesday morning. U.S. stocks also struggled for direction Monday in the start of the final full trading week before the presidential election Nov. ...
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 ...
