November 17 Morning Report: GovCon Index Down on Friday’s Close

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The GovCon Index ended trading Friday at 68.933, down by 0.086 percent, or 0.059 points, from Thursday’s close. The Dow Jones Industrial Average declined 0.1 percent to 17634.74, while the S&P 500 composite index increased 0.02 percent to 2039.82 and the NASDAQ composite index grew 0.18 percent to 4688.54.   Top Percentage Gainers Company Stock Price $ Change % Change Maximus $52.57 $2.35 4.68% CGI...

November 14 Market Close: GovCon Index Ends Week With Nominal Decline

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The GovCon Index did not make it five-for-five on positive closing figures for this week as it ended Friday’s trading day at 68.933 — a decrease from Thursday’s figure by 0.086 percent, or 0.059 points. A mixed day reflected investors’ attitude toward improved consumer confidence numbers and a 0.3 percent increase in retail sales for October, according to CNBC’s market...

November 13 Market Close: GovCon Index Extends Week of Gains

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The GovCon Index ended Thursday’s trading day at 68.992 — an increase of 0.626 percent from Wednesday and a close that represents the index’s fourth straight day of nominal gains. Bloomberg cited corporate deals and a positive earnings report from Walmart as among the factors that offset downturns in energy stocks and small caps across the stock market. The S&P 500 closed one...

Cheryl Cook: CGI-Dell Team to Offer Cloud Products for Public, Private Sectors

Cloud
CGI Group (NYSE: GIB) and Dell have formed a long-term alliance to jointly develop cloud computing technologies in a push to help government and business customers leverage managed virtual desktop integration, enterprise access management and analytics functions. Cheryl Cook, vice president and general manager of channel and alliances at Dell, said Wednesday that the alliance will deliver the products...

November 10 Morning Report: GovCon Index Down on Friday’s Close

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The GovCon Index closed Friday at 68.027 points, a decrease from Thursday’s trading by 0.459 points — or 0.679 percent. Bloomberg reported relatively flat figures on the stock market after new economic data showed a dip in the unemployment rate during October to a six-year low and job creation figures for the month that were lower than many economists expected. The Dow Jones Industrial...

November 7 End of Day Report: GovCon Index Down on Thursday’s Close

GovConIndex
The GovCon Index closed Friday at 68.027 points, a decrease from Thursday’s trading by 0.459 points — or 0.679 percent. Bloomberg reported relatively flat figures on the stock market after new economic data showed a dip in the unemployment rate during October to a six-year low and job creation figures for the month that were lower than many economists expected. The Dow Jones Industrial...

October 28 Morning Report: GovCon Index Up on Monday’s Close

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The GovCon Index closed Monday at 66.193, up 0.200 or 0.301 percent. Top Percentage Gainers Company Stock Price % Change ICF International Inc. 34.11 1.82% Orbital 29.51 1.65% CGI Group Inc. 33.83 1.41% Raytheon Co. 99.37 1.27% Exelis Inc. 16.99 1.25% Market Summary Advancing Issues 19 (63.33%) Declining Issues 10 (33.33%) Unchanged Issues 1 (3.33%) The Executive Mosaic GovCon...

Richard Jacik to Lead Acentia’s Health Arm as Sector Exec, SVP

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Richard Jacik, formerly vice president and senior account executive at CGI (NYSE: GIB), has joined Acentia as senior vice president and sector executive for health, succeeding the retiring Mike Raymond. He will report to Robert McCord, president and chief operating officer, as he manages business strategy for the health sector and the company’s contracts and business development, Acentia said...

CGI Subsidiary Adds Consular Affairs Bureau Visa Processing Work in 13 Countries

Stanley Associates, a subsidiary of CGI Federal (NYSE: GIB), will process visas for the State Department’s Bureau of Consular Affairs in three regions of the world under three task orders worth up to $64 million combined. CGI said Wednesday that the company received the orders in September of last year, as well as March and May of this year under the 10-year Global Support Strategy contract. Each...

Chris George: UK Gov’t Picks CGI to Support Radioactivity Monitoring System

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CGI has won a four-year contract to provide application services and other support work for a radioactivity monitoring system the U.K. government uses in the event of an overseas nuclear accident. The company will support the U.K. government-operated Radioactive Incident Monitoring Network that works to help authorities coordinate the nation’s emergency response if radiation threats emerge, CGI...