Tag Archives: Vectrus

May 10 Market Close: GovCon Index Down, Markets Mixed as S&P500 and NASDAQ Reach New Highs

The Executive Mosaic GovCon Index closed down 0.199 percent to 93.292. Vectrus reported strong first quarterly financial results to top of the GovCon Index board posting a 12.00 percent gain. Major markets closed mixed with S&P pushing up against the 2,400 mark closing at new high of 2,399.63. The NASDAQ continues its …

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Vectrus Announces Positive First Quarter Results

Vectrus, Inc. (NYSE:VEC) saw its stock rise 3 percent after it announced better than expected first quarter 2017 results of $290.1 million revenue, and operating income of $11.6 million and diluted earnings per share of $0.60. Net cash provided by operating activities was $9.9 million in the first quarter or 4% …

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May 9 Market Close: GovCon Index Up, Markets Mixed as NASDAQ Reaches New High

The Executive Mosaic GovCon Index closed up 0.118 percent to 93.478 as advancers outpaced decliners 2 to 1. AECOM led the 30 GovCon Index companies as the company beat analysts projections reporting 5 percent quarterly earnings growth. Major markets closed mixed with softness in commodity prices. The NASDAQ reached a new all …

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GovCon Wire’s Weekly Roundup: The Omnibus Spending Bill & DoD’s $598.5 Billion Budget

Weekly Roundup May 1 – May 5 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Earlier this week, Congress finally reached an agreement on the contentious fiscal 2017 budget. The $1.16 trillion omnibus spending bill allocates $598.5 billion in discretionary funding to …

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May 4 Market Close: GovCon Index Up, Markets Mixed as House Votes to Overturn Obamacare

The Executive Mosaic GovCon Index closed up 0.470 percent to 92.817 as advancers outpaced decliners 4 to 1. CACI lead the way with an almost 10 percent share value increase as their reported first quarter earnings beat analysts expectations. Major markets closed mixed with little change as the House of Representatives voted …

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May 3 Market Close: GovCon Index Down as Markets Close Mixed on Unchanged Fed Rate

The Executive Mosaic GovCon Index closed down 0.306 percent to 92.383 as decliners outpaced advancers 2 to 1. Major markets closed mixed as the Federal Reserve left interest rates unchanged and the U.S. economy is showing weakness At market close WTI was down $0.43 compared to the market open of $48.12 per …

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May 1 Market Close: GovCon Index Up as Markets Close Mixed

The Executive Mosaic GovCon Index closed down 0.274 points, 0,296 percent to 92.372 with advancers and decliners evenly split. The major market were mixed on the day with the DJIA down and the S&P500 and the NASDAQ up. The NASDAQ reached another record high at 6,091.60. At market close WTI fell to …

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GovCon Wire’s Weekly Roundup: Border Protection Infrastructure & The New Space-Race

Weekly Roundup April 24 – April 28 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For months, we’ve all been reading about the proposed wall along our nation’s southern borders, headlines describing the billions of dollars that will be needed to fund such …

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Vectrus Lands $115M Army Recompete Award for O&M, IT Support; Chuck Prow Comments

Vectrus Systems (NYSE: VEC) has won a potential $115 million contract from the U.S. Army to continue operations and maintenance, information technology support and supply services for the U.S. Army Europe, U.S. European Command and U.S. Africa Command. The company said Wednesday the Operations, Maintenance and Supply–Europe contract has an eight-month base …

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April 26 Market Close: GovCon Index Up Slightly as Markets React to Proposed Tax Plan

The Executive Mosaic GovCon Index moved opposite to market direction and closed up slightly to 93.084 or 0.290 percent. Advancers outpaced decliners 2 to 1. U.S. markets reversed their significantly positive movement from the past two days to close slightly down. Investors reacted cautiously to President Trump’s new tax plan due to …

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