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Tag Archives: CSC

June 11 Market Close: GovCon Index Advances, US Stocks Nudge Up After Greece News

GovConIndexUP

The GovCon Index closed in positive territory for the second consecutive day Thursday with a gain of 0.485 points to 76.738. CNBC said U.S. stocks held onto gains made in the morning session despite investor worries over a Reuters report that quoted an International Monetary Fund spokesperson that said Greece and the ...

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Reuters: CSC in ‘Exploratory’ Talks for Potential Public Sector Division Sale

acquisition

Computer Sciences Corp. (NYSE: CSC) has received interest from three companies in a potential purchase of CSC’s public sector unit and held exploratory discussions with those firms, Reuters reported Thursday. Reuters lists Booz Allen Hamilton (NYSE: BAH), CACI International (NYSE: CACI) and Leidos (NYSE: LDOS) as the companies interested in a deal for ...

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DHS Extends Contract for Data Center Providers CSC, HP

Contract

TYSONS CORNER, VA June 3, 2015 — ExecutiveBiz reported Tuesday on Computer Science Corp. (NYSE: CSC) and HP (NYSE: HPQ) being awarded contract extensions to provide data center support to the Department of Homeland Security. The two task orders fall under the agency’s Enterprise Acquisition Gateway for Leading Edge Solutions ...

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May 27 Market Close: GovCon Index, US Stocks Rebound as Investors Eye Dollar & Greece News

GovConIndexUP

The GovCon Index ended a three-day streak of declines Wednesday as it closed up 0.648 points to end the trading session at 74.834. Bond yields and the U.S. dollar rose on comments from Greece Prime Minister Alexis Tsipras said negotiations with the Eurozone on the country’s debt situation are in the “final stretch,” ...

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May 20 Market Close: GovCon Index, US Stocks Rise After Fed Minutes Release

GovConIndexUP

The GovCon Index closed in positive territory Wednesday with a gain of 0.108 points to 75.543 on a day that saw investors react to the release of the Federal Reserve‘s April meeting minutes. Fed leaders expressed doubt over the possibility of an interest rate hike by June and U.S. stocks traded after those minutes went public but ...

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CSC Board Approves Plan for Separate Commercial-, US Public Sector-Focused Companies

CSC-logo_GovConWire

The board of directors at Computer Sciences Corp. (NYSE: CSC) has approved a plan to divide the Falls Church, Va.-based technology and services contractor into two separate publicly-traded companies: one solely focused on the U.S. public sector, with another for commercial enterprises and non-U.S. government agencies. CSC said Tuesday it expects to complete the ...

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20 Companies Win Spots on $8B NETCENTS-2 Infrastructure Services IDIQ

data center

Twenty companies have landed spots on a potential $7.9 billion contract to provide network operations and infrastructure support services across the U.S. Air Force enterprise. Contractors will compete to perform work during the three-year ordering period for this portion of the Network-Centric Solutions-2 program, the Defense Department said Friday. The ...

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May 18 Morning Report: GovCon Index Down on Friday’s Close

GovConIndexDOWN

The GovCon Index closed slightly down Friday to 75.148 for a change of 0.078 percent. The Dow Jones Industrial Average rose 0.11 percent to 18,272.56, the Standard & Poor’s 500 composite index gained 0.04 percent to 2,122.02 and the NASDAQ composite index lost 0.05 percent to 5,048.29. Top Percentage Gainers   Company   Stock Price   ...

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May 15 Market Close: GovCon Index Down in a Mixed Market

GovConIndexDOWN

The GovCon Index closed slightly down Friday to 75.148 off 0.079 percent. The S&P 500 Index reached a second day of record closing in spite of consumer confidence falling reported Bloomberg. US Markets closed mixed with minor changes from the day prior. The Dow Jones Industrial Average increased 0.11 percent to ...

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PAE Signs Deal to Buy A-T Solutions in Nat’l Security Growth Push; John Heller Comments

John Heller

Arlington, Va.-based infrastructure and logistics services contractor PAE has agreed to purchase counterterrorism services provider A‑T Solutions from owners CI Capital and CoVant for an undisclosed sum. PAE said Thursday it expects to close the transaction, which is subject to regulatory approvals, by the end of May and intends to build up its national ...

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