November 26 Market Close: GovCon Index Extends Climb With Push From Cubic

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The GovCon Index continued its week of gains into a third straight day as it closed at 70.507 — a 0.35 percent increase from Tuesday. Cubic Corp. (NYSE: CUB) was the largest gainer for the Index as the company said in its earnings release it set a new quarterly revenue record. Reuters cited technology stocks as drivers of increases across the stock market and energy shares as a pressure on...

November 25 Market Close: GovCon Index Reaches New High

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The GovCon Index reached a new high to 70.341, up 0.309 percent, while both Dow Jones Industrial and S&P 500 finished slightly down -0.02 percent and -0.12 percent, respectively. The energy sector weighted on the board with oil prices hitting a four-year low.     Top Percentage Gainers Company Stock Price $ Change % Change Serco Inc.  2.71  0.131  5.08% Mantech  30.27  0.85  2.89% ICF...

November 24 Market Close: GovCon Index Starts Thanksgiving Week With Increase

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The GovCon Index kicked off the week of Thanksgiving with a Monday close of 70.122 — up 0.74 percent from Friday’s trading day. According to Bloomberg, investors reacted with confidence to data that signals growth in the U.S. services sectors and consumer confidence, as well as the Chinese central bank’s move last week to cut interest rates. Bloomberg also estimates that profit...

Sudhakar Kesavan: ICF Books $618M in Contracts for 3Q 2014

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Sudhakar Kesavan ICF International (NASDAQ: ICFI) has announced financial results for the third quarter of its 2014 fiscal year ended Sept. 30, 2014. The company recorded an 8.5-percent increase in revenue to $264.8 million from the prior year quarter and a 9.5-percent uptick in profit to $12.3 million, a figure ICF says is exclusive of acquisition costs and special charges. “Contract awards...

ICF International Closes $295M Olson Buy; Sudhakar Kesavan Comments

Sudhakar Kesavan
Sudhakar Kesavan ICF International (NASDAQ: ICFI) has completed the acquisition of Olson, a provider of marketing technology and digital services, for $295 million. ICF bought Olson in cash from private equity firm KRG Capital Partners and other shareholders, ICF said Wednesday. “Together, ICF and Olson will guide clients through this new digital revolution across all markets, offering the...

Exclusive: Jim Lawler Joins ICF as SVP, Chief HR Officer

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Jim Lawler Jim Lawler, formerly chief human resource officer at TASC for four years, has joined ICF International (NASDAQ: ICFI) as chief HR officer and will also serve as a senior vice president at the company, ICF has confirmed to GovCon Wire. “I came to ICF because of the energy here, the company’s proven ability to spot new market opportunities, and the quality of the people,” Lawler...

ICF to Help HHS Establish Child Welfare Center; Mike Torpy Comments

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ICF International (NASDAQ: ICFI) has won a potential five-year, $78 million contract with the Department of Health and Human Services to help the agency establish a public child welfare center. HHS plans for the center to work as focal point for child welfare services and consultation services for state and territorial child welfare agencies, ICF said Monday. The contract contains a one-year...

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...

October 16 Morning Report: GovCon Index Enters Day at Half-Percent Decline

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The GovConIndex will enter Thursday’s trading day at 62.418 points — down 0.367 points from Wednesday’s figures, or a decline of 0.592 percent. CNBC reports that more economic data will become public on Thursday, such as the weekly jobless claims numbers, industrial production figures, the Philadelphia Federal Reserve survey and the National Association of Home Builders’...

Leo Ryan: UNC-Led Team, USAID Aim to Help Int’l Partners Build Up Health Info Monitoring

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The United States Agency for International Development has selected a consortium led by the University of North Carolina at Chapel Hill’s Carolina Population Center to help the agency work with other countries to build up their health information systems under a potential $180 million associates cooperative agreement. UNC says the Measure Evaluation Phase IV program’s goal is to help...