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Tag Archives: earnings

February 28 Market Close: GovCon Index, US Stocks Hold Lower Ahead of Trump Address

Executive Mosaic’s GovCon Index and U.S. stocks fell Tuesday at their worst one-day declines over the past month as investors looked ahead to President Donald Trump’s speech before a joint session of Congress at 9:00 p.m. Eastern time for further clues on his economic agenda that has included promises of tax cuts, deregulation …

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February 23 Market Close: GovCon Index Lower on Services & Industrial Declines

Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumbered advancers by a 5-to-1 ratio …

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February 16 Market Close: GovCon Index Moves Green on Huntington Ingalls 4Q Beat, US Stocks Pause Rally

Executive Mosaic’s GovCon Index closed at a new all-time high for a fourth consecutive session on strong fourth quarter earnings from Huntington Ingalls Industries (NYSE: HII) as the U.S. benchmark S&P 500 retreated Thursday after a five-day stretch of record closes. Both the GCI and U.S. equities had set continued record highs during those streaks on …

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February 13 Market Close: GovCon Index Rises on Blue Chip Gains With Trump Tax Cuts in Focus

Executive Mosaic’s GovCon Index rose Monday in tandem with major U.S. equity indices that set new record highs as investors continued to bet President Donald Trump’s plans for lower corporate taxes and regulations can boost economic growth. GovCon Index advancers outnumbered decliners by an 8-to-1 ratio as 10 of its 11 S&P …

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February 9 Market Close: GovCon Index, US Stocks Lift After Trump Tax Policy Hint

Executive Mosaic’s GovCon Index climbed Thursday on strong gains by large aerospace primes and services contractors as all three major U.S. stock indices hit record highs in intraday trade after President Donald Trump said he would give a tax policy announcement in the next few weeks. GovCon Index gainers outnumbered laggards by …

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January 27 Market Close: GovCon Index Held Positive by General Dynamics on Upbeat 3-Year Sales Outlook

Executive Mosaic’s GovCon Index held positive Friday to end the week flat despite a majority of its 30 stocks in negative territory as S&P 500-listed General Dynamics (NYSE: GD) surged to an all-time record high during the session after the defense contractor issued a bullish three-year sales outlook. U.S. stocks traded slightly …

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January 26 Market Close: GovCon Index Dragged by McKesson, Raytheon & Northrop in Mixed US Stock Trading Session

Executive Mosaic’s GovCon Index traded lower Thursday with declines by large caps McKesson Corp. (NYSE: MCK), Raytheon (NYSE: RTN) and Northrop Grumman (NYSE: NOC) the main contributors in a mixed trading session for U.S. stocks. GovCon Index decliners slightly edged gainers as seven of its 11 S&P 500 components advanced with co-listed L3 Technologies (NYSE: LLL) …

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January 24 Market Close: GovCon Index Advances With Boeing Lift, Lockheed Drags on Dimmed Guidance & Sikorsky Material Weakness

Executive Mosaic’s GovCon Index traded higher Tuesday on a lift from Boeing (NYSE: BA) and government services stocks as Lockheed Martin (NYSE: LMT) fell after the defense contractor reported material weaknesses related to internal controls for financial statements at its Sikorsky helicopter subsidiary. All three major U.S. stock indices also advanced as the S&P …

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January 23 Morning Report: GovCon Index Posts Gain on Boost From McKesson, Rockwell Collins

Executive Mosaic’s GovCon Index registered a 0.263-point gain to 88.954 Friday as gainers outnumbered decliners 17 to 13. McKesson Corp. (NYSE: MCK) was the top net performer in the GCI while Rockwell Collins (NYSE: COL) was the top percentage gainer. Pharmaceutical services provider McKesson also led among stocks co-listed in the S&P 500, …

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January 20 Market Close: GovCon Index Inches Gain, US Stocks Pare Advances After Trump Inaugural Speech

Executive Mosaic’s GovCon Index held higher Friday to post a weekly advance on boosts from from blue chip stock McKesson Corp. (NYSE: MCK) and aerospace company Rockwell Collins (NYSE: COL) after a first quarter earnings. U.S. stocks sharply pared their gains after now President Donald Trump’s inaugural speech as uncertainty set in equity markets on uncertainty …

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