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Tag Archives: labor department

A&M Capital Buys Majority Stake in CNSI

Alvarez & Marsal Capital has acquired a controlling interest in Rockville, Maryland-based health information technology systems provider CNSI for an undisclosed sum. Jack McCarthy, senior managing director and co-founder of A&M Capital, said in a statement published Wednesday CNSI’s proven results and technical leadership position the company for future growth …

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CNSI to Build Labor Dept’s Medical Bill Processing System Under Potential $166M Contract

Rockville, Maryland-based health information technology company CNSI has secured a potential seven-year, $166 million contract from the Labor Department to build and operate a centralized medical bill processing system for DOL’s office of workers’ compensation programs. Work on the contract will cover the receipt and evaluation of medical bills and …

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QTS Sets Up Hybrid IT Unemployment Insurance System for 4 States; David McOmber Comments

TYSONS CORNER, VA, Oct. 5, 2017 — QTS Realty Trust (NYSE: QTS) has provided a hybrid unemployment insurance processing system to Connecticut, Maine, Mississippi and Rhode Island in line with the Labor Department‘s call for practices that help streamline the workforce system, ExecutiveBiz reported Sept. 28. The company said Sept. 27 it …

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Leidos Subsidiary to Provide DOL Medical Personnel for DOE Health Benefits Program

TYSONS CORNER, VA, July 17, 2017 — A subsidiary of Leidos (NYSE: LDOS) will supply medical personnel to support an occupational health benefits program for the Energy Department under a potential $15 million contract with the Labor Department, ExecutiveBiz reported Friday. The company said Thursday QTC Management will hire physicians to serve as contract …

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February 6 Morning Report: GovCon Index Climbs on January Jobs Data, EO on Banking Regulations

Executive Mosaic’s GovCon Index registered a 0.893-percent gain Friday to 89.263 as gainers outnumbered decliners by a 4-to-1 ratio. Huntington Ingalls Industries (NYSE: HII) was GCI’s top net performer and Cubic Corp. (NYSE: CUB) the top percentage performer. Friday’s climb comes as U.S. stocks surged with the Labor Department‘s report of 227,000 new …

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January 17 Morning Report: GovCon Index Posts Gain on Defense Prime Stock Boost

Executive Mosaic’s GovCon Index closed Friday with a 0.464-percent climb to 88.863 as gainers outnumbered laggards at a 2-to-1 ratio with strong performances by defense prime stocks. L3 Technologies (NYSE: LLL) was GCI’s top net performer while Vectrus (NYSE: VEC) led the listed stocks in percentage gained. The Index’s rebound comes amid investor optimism …

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January 13 Market Close: GovCon Index Rebounds, Holds at Weekly Loss as Lockheed Halts 4-Day Slide

Executive Mosaic’s GovCon Index rebounded Friday with strong performances by defense prime stocks as U.S. stocks rose on investor optimism from quarterly earnings beats by large financial institutions and positive retail sales numbers from December. GovCon Index gainers outnumbered laggards by a 2-to-1 ratio and nine of its 11 S&P 500 stocks moved …

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January 9 Morning Report: GovCon Index Registers Gain as Labor Dept Records 156K New Jobs

Executive Mosaic’s GovCon Index registered a 0.162-point climb Friday to 89.761 and closed the week in the positive. Lockheed Martin (NYSE: LMT) was GCI’s top net performer while Honeywell (NYSE: HON) led the Index in percentage gained. The Index’s gain follows the latest jobs report from the Labor Department that indicates 156, 000 new jobs were …

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December 6 Market Close: GovCon Index Up on Continued Mid-Tier Defense, Services Gains

Executive Mosaic’s GovCon Index reversed its morning decline to close higher Tuesday in a second straight session of contributions by mid-tier platform and services contractors against flat or red movements by large defense primes. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and six of its 11 S&P 500 stocks …

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AECOM Chief Safety Officer Named to Labor Dept’s Construction Safety & Health Advisory Committee

TYSONS CORNER, VA, Oct. 11, 2016 — AECOM‘s (NYSE: ACM) chief safety officer will join the Labor Department‘s 15-member advisory committee on construction safety and health following an appointment by the agency leadership, GovCon Executive reported Monday. The company said Thursday Andy Peters, who also serves as a senior vice president, will provide advisory support …

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