Equity markets up for the first quarter: In spite of investors experiencing the Trump’s administration inability to pass healthcare legislation; the 0.25 percent increase in Federal Fund Rates (with strong speculation of more increases to come later in the year), the U.K. triggering Article 50, and the downward pressure on the energy sector an...
In spite of investors experiencing the Trump’s administration inability to pass healthcare legislation; the 0.25 percent increase in Federal Fund Rates (with strong speculation of more increases to come later in the year), the U.K. triggering Article 50, and the downward pressure on the energy sector and oil prices from the global oil glut the...
Executive Mosaic’s GovCon Index reaches new 30 day low to close at 91.123 down 0.425 percent. The major U.S. markets closed mixed on the day with the S&P500 and DJIA reaching new 30 day lows and the NASDAQ closing up. Investors are still trying to figure the impact of Trump’s no vote on the healthcare bill...
A Vectrus (NYSE: VEC) subsidiary has received a potential one-year, $521.6 million contract modification to continue to provide security and base operations services in the U.S. Army™s area of responsibility in Kuwait. Vectrus Systems will perform contract-related work through March 28, 2018, the Defense Department said Thur...
TYSONS CORNER, VA, March 22, 2017 ” A business unit of Vectrus (NYSE: VEC) will provide base operations support to the U.S. Air Force at Maxwell-Gunter Air Force Base under a $37 million recompete contract, ExecutiveBiz reported Friday. The company said Friday Vectrus Systems will deliver resource management, communications ...
Executive Mosaic’s GovCon Index closed at a 30 day low ending the day at 92.042 down 1.62 percent. The equities markets reached a new 30 day low with the S&P 500 at 2344.02 down 1.24 percent, the DJIA off 1.14 percent to close at 20,668.01, and the NASDAQ ended the day at 5,793.83 down 1.83 percent....
Executive Mosaic’s GovCon Index closed down on the day as markets were mixed. After the Federal Reserve raised rates by one quarter point yesterday the markets responded with modest losses on the S&P500 and DJIA and a nominal gain on the NASDAQ. Treasury yields moved higher and the dollar lower. GovCon Index declines outpaced advances...
Executive Mosaic’s GovCon Index closed up on the day as markets responded positively to the Federal Reserve raising the benchmark lending rate. Not to anybody’s surprise the Federal Reserve raised rates by one quarter point to 1.0 percent, while also giving a strong indication for two additional rate increases later in the year. Of ...
Executive Mosaic’s GovCon Index followed markets to close up Friday after the release of strong February employment figures. The Labor Department™s monthly report showed employers added an above-forecast 235,000 positions in February, with the jobless rate dropping to 4.7 percent. Other strong indicators from the February report were...
Executive Mosaic’s GovCon Index closed up as major markets rebounded on strong February employment results. The Labor Department™s monthly report showed employers added an above-forecast of 235,000 positions in February, led by construction jobs and employment in the goods-producing industries. Other strong indicators from the Februa...
