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Tag Archives: wal-mart

February 21 Market Close: GovCon Index Hits 5th Straight Record Close, Wal-Mart Sales Beat Lifts US Stocks

Executive Mosaic’s GovCon Index climbed to a record close for a fifth straight session Monday with Boeing (NYSE: BA) the main contributor along with mid-tier aerospace gains as U.S. stocks also pushed to new all-time highs after Wal-Mart reported quarterly sales above Wall Street’s forecasts. GovCon Index advancers outnumbered decliners by a 9-to-1 …

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August 18 Market Close: GovCon Index Down, US Stocks Dip on China Declines

The GovCon Index ended a three-day stretch of consecutive gains Tuesday with a decline of 0.098 points to 77.248. A sell-off in Chinese markets and an earnings report from Wal-Mart that missed many analyst estimates sent U.S. markets into negative territory, according to the Wall Street Journal. Investors also weighed earnings …

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May 19 Market Close: GovCon Index, US Stocks Dip on Strong Dollar & Housing Report

The GovCon Index retreated Tuesday with a loss of 0.089 points to 75.455 on a day that saw U.S. stocks lose traction late in the trading session. Investors reacted to April’s housing numbers that showed 1.135 million homes sold to new owners during the month and a strengthening U.S. dollar that rose …

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Northrop Elects Former Wal-Mart EVP, CFO Thomas Schoewe to Board of Directors; CEO Bush Comments

Northrop Grumman (NYSE: NOC) has elected Thomas M. Schoewe, former executive vice president and chief financial officer of Wal-Mart Stores Inc., to its board of directors. Schoewe served those roles between 2000 and 2010. He previously was senior vice president and CFO for Black and Decker Corp. Schoewe also serves …

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