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Tag Archives: Honeywell

Honeywell to Spin Off Business Groups by End of 2018; Darius Adamczyk Comments

Honeywell (NYSE: HON) has announced it will spin off the industrial conglomerate’s ADI global distribution business, Homes portfolio and transportation systems business into two publicly traded firms by the end of 2018. Darius Adamczyk, president and CEO of Honeywell, said in a statement published Tuesday the initiative comes after the company reviewed …

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Anne Madden Named Honeywell SVP, General Counsel

Anne Madden, formerly vice president of corporate development and global head of mergers and acquisitions at Honeywell (NYSE: HON), has been appointed senior VP and general counsel of the Morris Plains, New York-based industrial conglomerate. Honeywell said Friday the 21-year company veteran succeeds Kate Adams and will report directly to Honeywell President and CEO Darius Adamczyk. …

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September 28th Market Close: GovConIndex Closes Down as S&P500 Sets New Record

The Executive Mosaic GovCon Index (GCI) closed down 0.186 percent to 106.906. Declining shares outpaced advancing 3 to 1. The major indices showed modest movement on the day as investors attempt to understand the implications of President Trump’s tax plan. The S&P500 increase was enough to set a new record closing up 0.12 percent to …

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September 27th Market Close: GovConIndex Reaches New High, as Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) reached a new high closing up 0.805 percent to 107.295. Advancing shares outpaced declining 3 to 1. The major indices moved upward on speculation that President Trump’s tax-cut plan could become a reality by year end. The S&P500 closed up 0.41 percent to 2,507.04, while the DJIA also closed up 0.25 percent …

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September 26th Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed up 0.478 percent to 106.661. Advancing shares outpaced declining 3 to 1. The major indices barely changed on the day as Janet Yellen gave a caution to tightening monetary too gradually. The S&P500 closed at 2,496.84 up 0.01 percent, while the DJIA fell 0.05 percent to 22,284.32, and …

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September 21st Market Close: GovConIndex Closes Up as Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) continued to move up in posting its fifth consecutive day of gains. The CGI closed at 105.814 up 0.377 percent with advancing shares outpacing declining 3 to 1. The S&P500 and DJIA ended their prolonged streak of gains to close in the negative today. The S&P500 …

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September 18th Market Close: GovConIndex Rises on News of Northrop’s Acquisition of Orbital ATK

The Executive Mosaic GovCon Index (GCI) increased significantly on the day reaching a new YTD high of 104.137 up 1.786 percent. Orbital ATK  and Northrop Grumman top the GCI with the news of Northrop Grumman’s intent to acquire the global aerospace and defense company. The three major indices all closed in the positive. …

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Inmarsat’s Global Xpress Part of Networked Joint Force Operations Trial in Australia

TYSONS CORNER, VA, Sept. 18, 2017 — Inmarsat has provided its Global Xpress satellite communications service to support encrypted file transfer and live video streaming capabilities as part of tests on the Australian air force’s C-130J Hercules transport aircraft, ExecutiveBiz reported Friday. The company said Friday the six-month trial through December will utilize GX and …

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September 18th Morning Report: Friday Close – GovCon Index Moves Up and S&P500, DJIA Set New Highs

The Executive Mosaic GovCon Index (GCI) set a monthly high during the course of the week. Friday’s close saw the GCI moving up 0.782 percent to 102.302. Advancing shares outpaced declining 5 to 1. The three major indices all closed Friday in the positive. The S&P500 broke the 2500 threshold reaching a new …

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September 15th Market Close: GovConIndex Higher; S&P500 and DJIA Reach New Heights

The Executive Mosaic GovCon Index (GCI) moved up 0.782 percent to 102.302. Advancing shares outpaced declining  5 to 1. The three major indices all closed in the positive. The S&P500 broke the 2500 threshold reaching a new high, closing up 0.18 percent to 2,500.23, while the DJIA set a reached new heights gaining 0.29 …

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