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Tag Archives: industrial

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 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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December 9 Market Close: GovCon Index Rises, Posts 6th Straight Weekly Gain

Executive Mosaic’s GovCon Index advanced Friday to complete its sixth consecutive weekly gain in an extended post-election climb that has seen the GCI hit a series of record high closes. The GCI has risen 14.75 percent over six weeks with the U.S. stock bellwether S&P 500 composite index up 6.26 percent …

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December 8 Market Close: GovCon Index Drops on Steep Prime Declines, SAIC Climbs on Earnings Beat

Executive Mosaic’s GovCon Index tumbled Thursday on steep losses among several of its large-cap prime components as U.S. stocks posted a small advance to a new record high close with financial shares the top performers at a 1-percent gain and industrials the largest laggards. Thursday’s decline puts the GCI below 90 points after a …

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June 26 Market Close: GovCon Index Continues Slide, US Stocks Mixed

The GovCon Index continued its run of declines to a fourth consecutive day Friday with a loss of 0.114 points and closing figure of 75.917. A 4-percent rise in Nike shares helped boost the Dow Jones Industrial Average and the Dow’s industrial segment with losses of technology stocks translated to a mixed day for U.S. markets, according …

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April 17 Market Close: GovCon Index Plummets 1%, Stocks Fall on Greece Reports

The GovCon Index hit a 15-day low Friday as it closed with a decline of 1.439 percent — or 1.064 points — to end the day at 75.027. McKesson (NYSE: MCK) was the only Index company to see its stock price rise Friday. Investors showed concerns over reports that Greece could …

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October 16 End of Day Report: GovCon Index Holds Level With Market

The GovCon Index entered the final hour of Wednesday trading at 62.696 — a nominal increase of 0.44 percent, or 0.28 points from Tuesday’s figures. Gainers led laggers 18-to-12 and Orbital Sciences (NYSE: ORB) recorded the largest increase at 6 percent after the company announced a 5-percent revenue jump for its third fiscal quarter. That percentage …

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Bill Ruh: GE Makes Critical Infrastucture Security Push Through WurldTech Acquisition

General Electric (NYSE: GE) has agreed to purchase Vancouver-based cybersecurity firm Wurldtech for an undisclosed sum in a bid to help critical infrastructure operators address vulnerabilities in their systems. Wurldtech offers professional services and technology platforms that work to secure electric transmission grids, oil refineries, smart metering systems and medical …

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SAIC Names Former Cybercom Ops Head David Lacquement a Program Development Lead; Charles Beard Comments

Science Applications International Corp. (NYSE: SAI) has appointed retired Army Maj. Gen. David Lacquement senior vice president and program development director for the cybersecurity unit, the company announced Wednesday. The three-decade veteran joins the unit as it is expanding its offerings to both government and commercial enterprises for combating industrial …

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