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Tag Archives: Executive Mosaic

February 17 Market Close: GovCon Index Stays Level, Greece Talks Continue

The GovCon Index recorded a nominal gain of 0.114 points to 69.617 and mirrored a Tuesday trading day that saw U.S. stocks flunctuate across the board. Negotiations between Greece’s government and the country’s creditors ended Monday without much progress and Greece could run out of cash by March if no deal is reached …

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February 17 Morning Report: GovCon Index Posts Gains on Thursday’s Close

The GovCon Index closed on a high for the fourth straight day Thursday at 19.503 or 0.231 points. The Dow Jones Industrial Average climbed 46.97 points to 18, 019.35, the Standard & Poor’s 500 composite index rose 8.51 points to 2, 096.99 and the NASDAQ composite index gained 36.22 points to 4, 893.84. Top Percentage Gainers …

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February 13 Market Close: GovCon Index Closes Up Ahead of President’s Day

The GovCon Index rose for a fourth consecutive day by 0.231 points to close at 69.503 ahead of the President’s Day weekend. Energy and services sector stocks led gains and traders continued to cast their eyes on negotiations between Greece and its creditors on the country’s debt situation, the Wall Street Journal reported. The …

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February 12 Market Close: GovCon Index Surges as Oil Price Jumps

The GovCon Index made a gain for a third consecutive trading day as it rose 0.69 points — or 0.986 percent — to 69.272 on Thursday. All but one company on the index saw their stock prices increase. An agreement between Russia and Ukraine on a ceasefire and a 4.9-percent jump in crude oil futures …

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February 11 Market Close: GovCon Index Stays Level as Greece, Ukraine Talks Hang Over Market

The GovCon Index mirrored largely flat activity in the larger U.S. stock market to record a nominal gain of 0.091 points to 68.582. Traders showed concern over the outcome of negotiations between Greece’s new government and finance leaders in the Euro zone and are watching the progress of peace talks between France, …

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February 10 Market Close: GovCon Index Closes Up, Orbital ATK and Huntington Ingalls Join

The GovCon Index gained 0.407 points to 68.524 Tuesday, a day that saw the close adjusted with the addition of two new government contracting firms to the Index. Tuesday marked the Index’s first day of tracking new members Orbital ATK (NYSE: OA), the company formed out of the merger of ATK’s aerospace and defense groups with Orbital Sciences, and …

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February 9 Morning Report: Harris, Exelis Lead GovCon Index Gains

The GovCon Index gained 0.719 points, or 0.96 percent, on Friday for a new record close of 74.186. Harris Corp. (NYSE: HRS) announced its intent to buy Exelis (NYSE: XLS) for $5 billion, an announcement that sent a price surge of 9.63 percent and 36.25 percent for both companies. The Dow Jones Industrial Average fell 60.59 points to 17, …

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February 6 Market Close: Harris, Exelis Gains Lift GovCon Index to Record Close

The GovCon Index ended the trading week with a gain of 0.719 points — or 0.96 percent — to a new record of 74.186. Harris Corp.’s stock price jumped 9.63 percent after the military radio maker said it would buy defense technology contractor Exelis (NYSE: XLS) for approximately $4.75 billion in cash and stock. …

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February 5 Market Close: GovCon Index Rises With US Stocks, Oil Prices

The GovCon Index broke the 73-point barrier for the first time Thursday to record a gain of 0.746 points — or 1.004 percent — and close at 73.471. Oil prices rose more than 6 percent Thursday after an 8.7-percent decline Wednesday and investors also reacted to a strengthening of the dollar and earnings …

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February 4 Market Close: GovCon Index Records Flat Day, US Stocks React to ECB’s Greece Decision

The GovCon Index saw a relatively flat day of trading Wednesday with a nominal gain of 0.065 points — or 0.089 percent — to close at 72.726. Most U.S. stocks fell late in the trading day after the European Central Bank said it would suspend a waiver to let banks use the Greek government’s …

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