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Tag Archives: Executive Mosaic

December 19 Market Close: GovCon Index Inches Up

The GovCon Index ended the trading week with a gain of 0.165 points — or 0.233 percent — to close at 70.379 on Friday. Investment activity continued to reflect traders’ attitudes toward how major central banks could raise interest rates as the Federal Reserve said this week such an increase will likely …

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The Deals, Moves and Shakeups That Drove GovCon in 2014

EDITORS NOTE: The piece below is a special edition of the Weekly Roundup newsletter written by Jim Garrettson, president and founder of this website’s parent company Executive Mosaic, to recap the biggest stories in the GovCon sector for 2014. In this year-end issue, Jim wraps up the year with a …

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December 17 Market Close: GovCon Index Snaps 3-Day Skid, Fed Sends Interest Rate Signal

The GovCon Index ended its stretch of three consecutive days of losses with a gain of 1.042 points to close at 68.453 on Wednesday. Investors reacted to the Federal Reserve’s addition of the phrase “considerable time” in its latest policy statement and comments from Fed Chair Janet Yellen that the central bank will …

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December 16 Market Close: GovCon Index Records Nominal Loss, Investors Eye Possible Fed Move

The GovCon Index extended its current stretch of declines into a third consecutive day with a nominal loss of 0.154 points to close at 67.411 on Tuesday. Investors will keep an eye on the Federal Reserve’s impending decision later this week on whether to change their policy statement and be more open to …

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December 15 Market Close: GovCon Index Slips, Oil Prices Continue Plunge

The GovCon Index started the last full week before the Christmas and New Year holidays with a slight decline of 0.299 points — or 0.444 percent — to close at 67.649 on Monday. Oil prices continued to garner much of the attention from investors and the price-per-barrel of crude oil on the New …

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December 15 Morning Report: GovCon Index Down on Friday’s Close

All companies listed on the GovCon Index recorded losses on Friday to end the week with a close of 67.878 after two days of gains, a steep decline of 2.414 percent, or 1.600 points. According to a Bloomberg report, global market indicators reacted to a continued decline in crude oil prices and news …

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December 12 Market Close: GovCon Index Ends Week With Steep Slide

The GovCon Index erased two days of gains to end the week as it declined 2.414 percent — or 1.600 points — to close at 67.878 Friday. All companies in the index recorded losses. A report that showed a slowdown in Chinese factory production weighed on markets around the world and oil shares continued …

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December 11 Market Close: GovCon Index Rebounds, Retail Sales Report Drives Stocks Up

The GovCon Index regained some ground Thursday with an increase of  0.379 percent — or 0.264 points — to close at 69.478. Stocks recovered some losses from the week after the release of data on an increase in consumer spending during the month of November and a report that indicates fewer Americans …

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December 10 Market Close: GovCon Index Tumbles, SAIC Jumps for 2nd Straight Day

The GovCon Index tumbled 2.055 percent — or 1.394 points — to close at 69.214 on a Wednesday that saw only two out of 30 companies on the index show gains: Science Applications International Corp. (NYSE: SAI) and Serco Inc. SAIC’s stock price increased for a second consecutive day after the company said its third-quarter revenue increased 2 …

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