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Tag Archives: Maximus

June 24 Market Close: GovCon Index Plummets on Brexit Vote Fallout, Raytheon Lone Gainer

GovConIndexDOWN

The GovCon Index was no exception to the effects of Britain’s vote to leave the European Union on global financial markets Friday as the GCI recorded its worst one-day percentage drop of 2016 by 2.805 percent to 77.327. Friday’s plunge brought the GCI from a weekly gain to a five-day loss of 1.175 percent …

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June 23 Market Close: GCI Up, CACI Guidance Miss & Downgrade Weigh as Markets Bet Against Brexit

GovConIndexUP

The GovCon Index lifted Thursday on U.S. investor speculation that Britain would vote in its referendum to remain in the European Union but felt some downward pressure from a guidance miss by CACI International (NYSE: CACI) and a subsequent downgrade on the stock. Executive Mosaic‘s GovCon Index of 30 publicly traded contractors rose 0.365 points …

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June 21 Market Close: GovCon Index Narrowly Down, US-Focused Contractors Gain in Brexit-Dominated Trade

GovConIndexDOWN

The GovCon Index fell into narrow range in afternoon trade Tuesday and closed at a nominal loss of 0.099 points to 79.190 as global investors continued to gauge the possibility of Britain’s departure from the European Union in a Thursday referendum there with new polls indicating a close vote either way. Many lead …

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June 20 Market Close: GCI Soars 1%, Stocks With UK Presence Lift as Markets View Britain’s EU Exit as Unlikely

GovConIndexUP

The GovCon Index started the week of Britain’s vote on whether to stay in the European Union on the front foot with a Monday gain of 1.192 percent to 79.289 as global investors took positions that the U.K. public will vote against the “Brexit.” BAE Systems PLC‘s over-the-counter listing in the U.S. closed …

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CMS Picks 80 Companies for Potential $25B IT Services IDIQ

electronic-health-record-EHR

The Centers for Medicare and Medicaid Services has awarded 80 companies positions on a potential 10-year, $25 billion contract vehicle the agency intends to use as its primary mechanism for acquisitions of information technology services via task orders. CMS released the list of awardees in a Wednesday FedBizOpps notice and said all operational divisions of its Cabinet parent Department …

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May 31 Market Close: GCI Declines, Ends 4th Straight Month in Positive as New Tanker Delay Drags Boeing Shares

GovConIndexDOWN

The GovCon Index posted a decline of 0.398 points to 78.106 Tuesday on losses by Boeing (NYSE: BA) and other large defense prime contractors but ended at a gain for May to record its fourth straight month of positive movement. The Index rose 2.523 percent for May and has climbed 7.763 percent …

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May 31 Morning Report: GovCon Index, Major US Markets Post Gains

GovConIndexUP

The GovCon Index closed Friday with a 0.395-percent gain, climbing 0.309 points to 78.504. CSRA (NYSE: CSRA) was GCI’s top percentage gainer and posted a close of 24.88 — up 2.94 percent to rebound from the previous two days of losses. The Index’s gain mirrored those of the S&P 500, Dow Jones Industrial Average …

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May 27 Market Close: GovCon Index Ends the Week in the Positive

GovConIndexUP

The GovCon Index closed up 0.309 points to 78.504 with CSRA (NYSE: CSRA) rebounding from the previous two days loses to close at 24.88 up 2.94 per cent. Both WTI and Brent crude oil futures slipped for the second. Top GovCon Index Net Gainers Symbol Company $ Current Price Net Change ▴ …

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May 24 Market Close: GovCon Index Posts 1% Rally as Services Providers Lead Gains

GovConIndexUP

The GovCon Index rallied 1.197 percent to 78.192 on gains led by the GCI’s services-focused contractors and defense prime Northrop Grumman (NYSE: NOC) on news that the U.S. lifted its embargo on weapons sales to Vietnam. Science Applications International Corp. (NYSE: SAIC) added 4.01 percent — or $2.10  — after analysts at Jefferies listed SAIC as one of …

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May 23 Morning Report: GovCon Index, Major Markets Post Gains

GovConIndexUP

The GovCon Index closed the week up 0.705 points to 77.776 to mirror major market indexes’ gains as fears of a June interest rate hike by the Federal Reserve subsided. The Dow Jones Industrial Average climbed 65.54 points to close at 17,500.94, the S&P 500 was up 12.28 points to 2,052.32 and Nasdaq gained 57.02 points to reach 4,769.56. …

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