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Maximus, Teammates Win DOL Challenge With Visual Career Pathway Prototype; Richard Montoni Comments

Richard Montoni

TYSONS CORNER, VA, Sept. 20, 2016 — Maximus (NYSE: MMS), Employ Milwaukee and local hospitality and restaurant employers have partnered to build a workforce development platform for the Labor Department that seeks to support job seekers and employers at the department’s American Job Centers or One-Stop Centers, ExecutiveBiz reported Monday. Under DOL’s Customer Centered Design project challenge, Maximus’ …

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September 2 Market Close: GovCon Index Rides Post-Jobs Report Surge, Notches Weekly Gain

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Executive Mosaic’s GovCon Index ended its three-day losing streak Friday after August’s jobs report missed economists expectations to register a weekly gain and investors bet against the possibility of a September interest rate hike. GovCon Index gainers outnumbered laggers by a roughly 9-to-1 ratio and S&P 500-listed Northrop Grumman (NYSE: NOC) was the top …

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Weekly Roundup August 22 – August 26 2016: JPMorgan Analyst Bullish on Defense & more

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August 22 – August 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson An investment analyst at the U.S.’ biggest and world’s fifth largest bank endorsed the defense sector this week in a note to investors with a forecast that views continued “green” movement in …

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AT&T to Provide Mobility Services to DOL’s Wage & Hour Division; Mike Leff Comments

Mike Leff

TYSONS CORNER, VA, Aug. 25, 2016 — AT&T (NYSE: T) will provide mobile devices as well as data and voice services to the Labor Department under a five-year contract, ExecutiveBiz reported Wednesday. The company said Tuesday it will supply smartphones and give tethering support and Enhanced Push-to-Talk services to DOL’s wage and hour division employees. Mike Leff, …

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August 8 Morning Report: GovCon Index Posts All-Time High on July Jobs Report

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Executive Mosaic’s GovCon Index posted an all-time high Friday with a gain of 0.535 points to 82.835 following the Labor Department‘s report that nonfarm businesses added 255,000 jobs in July. The jobs report exceeded the forecast of 180,000, a month after economists revised June’s jobs number from the forecast of 287,000 to 292,000. The Index closed the week …

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August 5 Market Close: GovCon Index, S&P 500 Hit Record Closes on July Jobs Numbers

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Executive Mosaic’s GovCon Index hit a new all-time high and had its best day in nearly two months Friday and the U.S. stock bellwether S&P 500 composite index also closed at a record after the latest jobs report far exceeded economists’ expectations for the second straight month. The GovCon Index rose 0.535 points to 82.835 …

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July 11 Morning Report: GovCon Index Posts Gain as June Jobs Report Exceeds Expectations

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Executive Mosaic’s GovCon Index closed Friday with a 1.579-percent gain to 80.813 and ended the week up 1.342 percent. Lockheed Martin (NYSE: LMT), Raytheon (NYSE: RTN), Huntington Ingalls Industries (NYSE: HII), Honeywell International (NYSE: HON) and Vectrus (NYSE: VEC) reached 52-week highs in Friday intraday trade. Friday’s performance comes as the Labor Department reports that non-farm …

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July 8 Market Close: GovCon Index Breaks 80 on June Labor Data Beat, 5 Stocks Hit 52-Week Highs

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Executive Mosaic’s GovCon Index broke the 80-point barrier Friday for the first time in a month as the S&P 500 composite index briefly traded above a new record close in afternoon activity after the June jobs report soared past economists’ expectations. The GovCon Index closed up 1.579 percent to 80.813 and …

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Labor Dept Taps Booz Allen For $74M Shared Service Transition Support Task Order

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The Labor Department plans to award a $74.2 million task order to Booz Allen Hamilton (NYSE: BAH) through the General Services Administration’s IT schedule to support DoL’s transition efforts to a shared service provider for financial management services, Federal News Radio reported Tuesday. Jason Miller writes that a DoL will contract directly with Booz Allen to help …

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June 6 Morning Report: GovCon Index Posts Narrow Friday Gain on May Jobs Data

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The GovCon Index closed Friday with a narrow gain of 0.091 points to 79.018 for its third consecutive week in positive territory as the Labor Department reported May jobs data below expectations. According to CNBC, analysts have also indicated that the Federal Reserve could implement a 54-percent increase in the interest rate as …

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