Tag Archives: exports

Lockheed, Raytheon CEOs Highlight Intl Sales Environment Amid Oil Price Headwinds & Incoming Trump Administration

The chief executives of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) described to investors Wednesday their expectations of the foreign military sales environment in light of oil price volatility worldwide and President-elect Donald Trump’s campaign suggestion that U.S. allies contribute more financial resources to their own defense. Both CEOs told …

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October 13 Market Close: GovCon Index Cuts Losses in PM Trade, Cubic Weighs After 4Q Earnings Caution

Executive Mosaic’s GovCon Index pared much of its losses during afternoon trade Thursday but failed to close in green as Cubic Corp. (NYSE: CUB) tumbled after the company warned full-year earnings and revenue would fall below prior guidance on funding delays from the Defense Department. GovCon Index gainers slightly edged laggers after …

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September 1 Market Close: GovCon Index Plunges 3%, Traders Up Interest Rate Hike Odds

The GovCon Index tumbled 2.78 percent to 70.118 in a reflection of continued concern in U.S. markets Tuesday about a slowdown in China’s economy and potential effects on economies worldwide. All 30 stocks recorded declines Tuesday and the Index has approached correction territory for the second time in a week. The Index …

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March 13 Market Close: GovCon Index Sinks, Dollar Rise Sends US Stocks Down

The GovCon Index mirrored widespread losses across U.S. markets Friday with a decline of 0.588 points to close at 67.895. Navistar (NYSE: NAV) and Orbital ATK (NYSE: OA) were the only Index companies to record gains for the day. Another strong day for the U.S. dollar against the euro could foreshadow future corporate …

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October 9 End of Day Report: GovConIndex Mirrors S&P 500’s 2% Drop

The GovConIndex declined by approximately 1.76 percent Thursday to 63.569, representing a downturn of nearly 1.1 percent. This decrease mirrored that of the S&P 500 composite index, which declined by about 2 percent to 1, 930.5 and saw all 10 of its main groups decrease by at least 0.8 percent. Investors responded to worries …

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