Home / Tag Archives: cubic (page 10)

Tag Archives: cubic

December 27 Market Close: GovCon Index Lifts to Start 2016’s Last Trading Week

Executive Mosaic’s GovCon Index traded higher Tuesday to start the final trading week of 2016 as GCI-S&P 500 company Lockheed Martin (NYSE: LMT) led gains in conjunction with positive performances by mid- and lower-tier primes and services contractors. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and eight of its 11 S&P 500 …

Read More »

December 19 Market Close: GovCon Index Higher on Lockheed & Prime Gains, US Stocks Up With Caution on Global Turmoil

Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 ratio and …

Read More »

December 14 Market Close: GovCon Index, US Stocks Turn Lower After Rate Hike Announcement

Executive Mosaic’s GovCon Index turned from neutral to negative territory Wednesday as did the U.S. stock bellwether S&P 500 composite index after the Federal Reserve raised interest rates for only a second time since the 2008 financial crisis. GovCon Index decliners outnumbered gainers by a 9-to-1 ratio as three of its 11 S&P 500 …

Read More »

Jeremiah Madigan, Robert Peabody Take VP Roles at Cubic’s Mission Solutions Division

Cubic’s (NYSE: CUB) mission solutions division has appointed Jeremiah Madigan, a former group executive director at Aerojet Rocketdyne (NYSE: AJRD), as vice president of secure communications and Robert Peabody, formerly a technical fellow of Northrop Grumman (NYSE: NOC), as systems strategy VP. Cubic said Monday Mandigan will oversee the division’s portfolio of C4ISR …

Read More »

December 7 Market Close: GovCon Index Posts All-Time Record Close, Extends Gain Streak to 5

Executive Mosaic’s GovCon Index posted a fifth straight gain to a new all-time record close Wednesday on strong performances by Honeywell International (NYSE: HON) and L-3 Communications (NYSE: LLL) as U.S. stocks also advanced with the S&P 500 at a record close. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio …

Read More »

December 6 Market Close: GovCon Index Up on Continued Mid-Tier Defense, Services Gains

Executive Mosaic’s GovCon Index reversed its morning decline to close higher Tuesday in a second straight session of contributions by mid-tier platform and services contractors against flat or red movements by large defense primes. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and six of its 11 S&P 500 stocks …

Read More »

December 5 Market Close: GovCon Index Hits First 90-Point Close, HII & Services Gains Offset Prime Declines

Executive Mosaic’s GovCon Index closed above the 90-point mark for the first time since its October 2014 inception as Huntington Ingalls Industries (NYSE: HII) and services contractors led gains to offset declines by Northrop Grumman (NYSE: NOC) and other defense primes on a positive day for U.S. stocks. Monday’s strong performance restarts a post-election …

Read More »

Cubic Buys UK-Based Vocality to Continue C4ISR Portfolio Expansion Strategy

Cubic (NYSE: CUB) has purchased U.K.-based embedded technology provider Vocality International for approximately $10 million in a push to add new expeditionary communications and ISR processing, exploitation and dissemination to its C4ISR portfolio. The acquisition adds new content and intellectual property to programs of record within Cubic’s mission solutions business, the company said Wednesday. …

Read More »

November 28 Market Close: GovCon Index Down as Post-Election Rally Pauses

Executive Mosaic’s GovCon Index ended its six-day win streak Monday as U.S. stocks also took a break from the post-election rally after a stretch that saw equities post three straight weekly gains. GovCon Index decliners edged gainers and six of its 11 S&P 500 components advanced with General Dynamics (NYSE: GD) the …

Read More »

November 23 Market Close: GovCon Index Inches to New Record Close, US Stocks Flat After Fed Minutes

Executive Mosaic’s GovCon Index extended its current stretch of gains to a fifth straight session Wednesday and a second consecutive all-time record close to stay on track for a third straight weekly rise in a shortened trading week. U.S. stock markets are closed Thursday for the Thanksgiving holiday and are open …

Read More »