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Tag Archives: Maximus

April 21 Market Close: GovCon Index Sinks on Rockwell Collins 2Q Sales Miss, Vectrus Decline

GovConIndexDOWN

The GovCon Index extended its slide into a second consecutive session Thursday with a decline of 0.372 points to 75.982 driven by a mixed second-quarter earnings report from aviation technology manufacturer Rockwell Collins (NYSE: COL). Cedar Rapids, Iowa-based Rockwell Collins fell 5.18 percent — or $4.87 — to end Thursday as GovCon Index’s largest numerical …

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April 18 Morning Report: GovCon Index Caps Positive Week Amid Energy Shares Decline

GovConIndexUP

The GovCon Index closed Friday with a 0.386-point increase to 75.69, capping GCI’s third week in positive territory over the past four weeks. Energy shares saw a decline of at least 1 percent ahead of a meeting between the world’s largest oil producers Sunday to discuss measures to address a potential surplus in the global oil supply, CNBC …

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April 15 Market Close: GovCon Index Holds Up as Energy, Tech Declines Drag US Markets

GovConIndexUP

The GovCon Index held against larger trends in U.S. financial markets Friday with a gain of 0.386 points to 75.692 as declines by energy and technology shares weighed on the bellwether S&P 500 composite index. Nine of the GCI’s 11 S&P 500-listed companies posted gains with McKesson (NYSE: MCK) as that group’s …

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April 13 Market Close: GovCon Index Hits 75 for First Time in 2016 on 1% Surge

GovConIndexUP

The GovCon Index rode across-the-board positive activity in U.S. markets Wednesday with a gain of 1.224 percent to 75.399, which represents the GCI’s first close above 75 points this year so far under its current 30-company composition. First-quarter earnings from JPMorgan that topped analyst estimates drove the S&P 500 composite index to …

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April 12 Market Close: GovCon Index Lifts on HII Upgrade, US Markets Up on Energy Gains

GovConIndexUP

The GovCon Index staged a full reversal from an early morning dip into negative territory Tuesday to close at a gain of 0.482 points to 74.487 as energy shares helped spur U.S. markets into positive. Huntington Ingalls Industries (NYSE: HII) was the GCI’s top nominal gainer at $2.22 — or …

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March 8 Market Close: GovCon Index Falls as ICF & Navistar Earnings Misses Weigh

GovConIndexDOWN

The GovCon Index held lower throughout the trading session Tuesday and closed at a decline of 1.071 percent to 72.599 on earnings misses from two GCI stocks and investor reaction to oil price declines and new trade data out of China. ICF International (Nasdaq: ICFI) dropped 8.37 percent a day after the consulting …

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Weekly Roundup Feb. 29 – Mar. 4 2016: Former DoD Logistics Head to Steward PSC & more

David Berteau

Feb. 29 – Mar. 4 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government services contractors gained a new leading voice and public advocate this week in the form of a nearly 35-year veteran with a diverse background that includes high-profile roles in …

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Richard Montoni: Maximus Buys Ascend for Public-Sector Health Services Push

Richard Montoni

Maximus (NYSE: MMS) has bought specialized healthcare assessment company Ascend for an undisclosed sum to expand its portfolio of health and human service offerings for the public sector. “This acquisition broadens our ability to help our government clients deal with the rising demand for long-term care services,” Maximus CEO Richard Montoni said in a statement …

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Weekly Roundup Feb. 22 – Feb. 26 2016: GD’s Robotics Buy Keeps Tech M&A Wheels Turning & more

Bluefin-21

Feb. 22 – Feb. 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among the large players the government services market have been well-documented in spaces such as these but the product makers in GovCon also have been in on the M&A …

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Maximus’ Tom Romeo: Govt to Pattern ‘Citizen Journey’ on Commercial Customer Experience

Tom Romeo

TYSONS CORNER, VA, February 25, 2016 — Tom Romeo, president of Maximus‘ (NYSE: MMS) federal services business, has said the government continues to explore ways to bolster the “citizen journey” in public services through lessons learned from commercial customer experiences. “Agencies and their industry partners need to examine this all …

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