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Tag Archives: energy

September 2 Market Close: GovCon Index, US Stocks Rebound on Beige Book Report

GovConIndexUP

The GovCon Index rebounded from two days of declines with a gain of 2.374 percent to close at 71.791 Wednesday as U.S. markets also tried to recover ground from prior losses. The Index remains 7.02 percent below its three-month high of 77.214 from Aug. 17 and is 1.62 percent down from its Aug. 28 ...

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Barbara Humpton Appointed CEO for Siemens’ Federal Arm; Judy Marks to Join Dresser-Rand

Siemens logo

Barbara Humpton, executive vice president and chief operating officer for Siemens‘ U.S. federal government subsidiary — Siemens Government Technologies — has been appointed president and CEO of the business in a move that takes effect Oct. 1. SGT said Monday Judy Marks, CEO of the subsidiary since its 2011 launch, will transition into an executive vice president role at the ...

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August 4 Market Close: GovCon Index Down, US Stocks Dip on Apple Losses

GovConIndexDOWN

The GovCon Index mirrored slight downturns in U.S. markets during Tuesday’s trading session as it closed with a decline of 0.054 points to 73.135. Investors reacted to losses in Apple (Nasdaq: APPL) as the iPhone maker at one point traded 3.5 percent below its Monday closing price of 118.44, CNBC reported. Apple’s stock ...

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July 6 Market Close: GovCon Index, US Stocks Decline Amid Greece Jitters

GovConIndexDOWN

The GovCon Index closed at a loss in its first session post-Fourth of July weekend to record a decline of 0.117 points and end at 74.604 Monday. Uncertainty over the debt negotiations in Greece weighed on U.S. stocks Monday after two-thirds of Greek citizens voted “no” on a proposal from the ...

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Jonathan Scholl to Join Leidos as Health, Engineering President

Jonathan Scholl

Jonathan Scholl, chief strategy officer for a nonprofit healthcare delivery system in Texas and a 15-year Boston Consulting Group veteran, will join Leidos (NYSE: LDOS) as health and engineering sector president on June 22. Leidos said Tuesday Scholl has held the CSO role at Texas Health Resources for the past five years ...

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ICF Revenue Up 11% in 1Q; Sudhakar Kesavan Comments

ICF logo_Ebiz

ICF International (NASDAQ: ICFI) has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2015. The Fairfax, Va.-based consulting and technology services contractor said total revenue increased 11.61 percent year-over-year to $245.05 million. Chairman and CEO Sudhakar Kesavan attributed ICF’s first quarter performance in ...

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April 14 Market Close: GovCon Index Down on Mixed Day for US Stocks

GovConIndexDOWN

The GovCon Index mirrored a mixed day for U.S. stocks Tuesday as it closed down 0.105 points to 76.004. Bloomberg cited increases of energy shares in tandem with oil prices and a decline in technology stocks as among the drivers of Tuesday’s trading activity. The Dow Jones Industrial Average climbed ...

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DOE Taps Intel, Cray for $200M Supercomputer Project at Argonne Nat’l Lab

Aurora

Intel (NASDAQ: INTC) and Cray (NASDAQ: CRAY) will collaborate with the Energy Department to build a new $200 million supercomputing system at Argonne National Laboratory in Illinois for research into solar, wind and biofuel energy technologies. Franklin Orr, energy undersecretary for science and energy, said Wednesday that the department and the companies ...

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March 25 Market Close: GovCon Index Nosedives After Durable Goods Report Shows Decline

GovConIndexDOWN

The GovCon Index closed in negative territory for the third consecutive day this week with a loss of 2.271 percent to end up at 68.195. Engility Holdings (NYSE: EGL) and Navistar (NYSE: NAV) were the only Index companies to see their stock prices rise Wednesday. U.S. stock markets largely went into selloff mode after the Commerce Department said durable ...

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Huntington Ingalls Reports 2% Revenue Jump for FY 2014; Mike Petters Comments

Mike Petters

Huntington Ingalls Industries (NYSE: HII) has announced financial results for the fourth quarter and full 2015 fiscal year ended Dec. 31, 2014. The shipbuilding giant said its revenue grew 2 percent to $6.96 billion from 2013 figures, profit rose to $338 million over the prior year and the operating margin ...

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