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Tag Archives: biotechnology

In-Q-Tel Investment to Support Kailos Genetics’ Next-Gen Sequencing Efforts

TYSONS CORNER, VA, July 13, 2017 — In-Q-Tel has entered into a strategic partnership with biotechnology company Kailos Genetics in efforts to advance the latter’s sequencing technologies for potential applications in intelligence operations, ExecutiveBiz reported Wednesday. Kailos said Tuesday the In-Q-Tel investment will help it continue the development of tools to support assays …

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January 11 Market Close: GovCon Index Lower, Lockheed Hits 2% Intraday Decline After Trump F-35 Remarks

Executive Mosaic’s GovCon Index pared losses Wednesday afternoon but closed lower for the session as McKesson Corp. (NYSE: MCK) and large primes weighed despite gains by all three of the U.S.’ major stock indices. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and six of its 11 S&P 500 stocks advanced with General Dynamics (NYSE: …

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April 11 Morning Report: GovCon Index Posts Nominal Gain Friday on Energy Shares

The GovCon Index closed Friday with a nominal gain of 0.197 points to 74.227, which gives the GCI a nominal 0.103-point decline from the previous week. While biotechnology stocks posted losses, energy shares saw a 6.6-percent climb in U.S. crude oil futures to $39.72 a barrel. Four of the five largest U.S. government contractors will …

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October 6 Market Close: GovCon Index Dips as Oil Rises, Dollar Weakens

The GovCon Index struggled for gains Tuesday after a positive open and closed at a decline of 0.357 points to 71.808. U.S. stocks declined after five days of positivity as biotechnology shares declined and investors also responded to the International Monetary Fund’s statement that the organization remain concerned over economies in developing nations, …

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September 29 Market Close: GovCon Index Closes Up, Remains in Correction After Volatile Day

The GovCon Index regained some ground Tuesday with a gain of 0.244 points to 69.099 on a volatile day for U.S. markets as stocks attempted to reach stability. The Index is down 10.41 percent from its most recent high on July 16 to remain in correction territory and all three major U.S. …

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September 28 Market Close: GovCon Index Falls to Correction Territory in Global Rout

The GovCon Index suffered its largest drop within the last month Monday with a loss of 2.296 percent to 68.862 to officially enter correction territory for the first time since its October 2014 inception. The Index is down 10.72 percent from its most recent high of 77.134 on July 16 and Executive Mosaic — the parent …

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September 25 Market Close: GovCon Index, S&P 500 Give Back AM Gains

The GovCon Index failed to hold onto its gains in Friday morning’s trading session as it closed down 0.298 points to 70.480 and record its second consecutive weekly loss. The Index was up 0.8 percent at around 10:30 a.m. Eastern time and mirrored similar activity in the S&P 500 composite index, which climbed as …

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July 14 Market Close: GovCon Index Extends Gain Streak to 4 Days

The GovCon Index closed in positive territory for the fourth consecutive trading session Tuesday with a gain of 0.470 points to end at 76.867. Semiconductor and biotechnology stocks drove gains in U.S. markets Thursday despite a report that said consumer purchases fell 0.3 percent in June after a 1-percent climb in May, according to Bloomberg. …

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July 6 Market Close: GovCon Index, US Stocks Decline Amid Greece Jitters

The GovCon Index closed at a loss in its first session post-Fourth of July weekend to record a decline of 0.117 points and end at 74.604 Monday. Uncertainty over the debt negotiations in Greece weighed on U.S. stocks Monday after two-thirds of Greek citizens voted “no” on a proposal from the …

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June 25 Market Close: GovCon Index Down, US Stocks Stutter on Biotech Losses

The GovCon Index closed in negative territory for the third consecutive day Thursday with a loss of 0.264 points to end at 76.030. Losses in the transportation and biotechnology sector sent U.S. stocks slightly down Thursday and many investors attributed the trading activity and volume to uncertainty over negotiations between Greece and …

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