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Tag Archives: energy

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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February 3 Market Close: GovCon Index Rebounds 1.5% to Set Record

GovConIndexUP

The GovCon Index rose for a second consecutive day to record a gain of 1.16 points — or 1.572 percent — to close at 72.661 on Tuesday and set a new all-time high. Energy shares continued a four-day streak of increases in conjunction with an increase in crude oil prices in New York and U.S. ...

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January 6 Market Close: GovCon Index Fall Continues as Factory Report Shows November Downturn

GovConIndexDOWN

The GovCon Index lost ground Tuesday for a third consecutive trading day as it fell 0.557 points — or 0.814 percent — to close at 69.062. Northrop Grumman (NYSE: NOC), Computer Sciences Corp. (NYSE: CSC) and General Dynamics (NYSE: GD) were the only companies on the index to record gains. Losses in the energy ...

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