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Tag Archives: Maximus

September 26 Market Close: GovCon Index, US Stocks Down Ahead of 1st Presidential Debate

GovConIndexDOWN

Executive Mosaic’s GovCon Index showed little change Monday to start September’s final trading week as U.S. stocks declined on investor anticipation over the first U.S. presidential debate to take place six weeks before the Nov. 8 election. GovCon Index decliners outnumbered gainers at a 2-to-1 ratio and two of its S&P 500 companies closed green with …

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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 19 Market Close: GovCon Index Lifts, US Stocks Mixed Ahead of Fed Policy Summit

GovConIndexUP

Executive Mosaic’s GovCon Index rose Monday in an attempt to close above the 80-point barrier for the first time since Sept. 12 on gains by large defense primes and services-oriented companies. The GCI’s positive movement contrasted activity in U.S. financial markets as stocks turned south in the final hour of trade and closed mixed ahead …

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Maximus to Support Idaho’s Employment & Training Services Program

Maximus

TYSONS CORNER, VA, Sept. 7, 2016 — Maximus (NYSE: MMS) will provide program management services to Idaho’s department of health and welfare under a new contract to support the Idaho Employment and Training Services Program, ExecutiveBiz reported Tuesday. The company said Tuesday it will oversee the state initiative that caters to participants of the Supplemental …

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September 1 Market Close: GovCon Index Dragged by Vectrus Plunge After Mideast Contract Loss to URS

GovConIndexDOWN

Executive Mosaic’s GovCon Index started September with a slight decline Thursday to register its third straight loss as Vectrus (NYSE: VEC) plunged almost 20 percent on the loss of a contract for Middle East-based logistics services the company held since 2010. Colorado Springs-based Vectrus said pre-open the Army Prepositioned Stocks-5 contract for …

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August 30 Market Close: GovCon Index Drops, Lockheed & Primes Lead Losses on Low Volume Day

GovConIndexDOWN

Executive Mosaic’s GovCon Index held negative in a light trading session for U.S. stocks Tuesday as defense primes led GCI losses ahead of the July jobs report scheduled for release before markets open Friday. Tuesday’s decline represents the GovCon Index’s fifth decline over six days in a stretch driven by extended losses …

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August 23 Market Close: GovCon Index Held Down By Large Primes Against US Stock Gains

GovConIndexDOWN

Executive Mosaic’s GovCon Index traded lower against across-the-board gains by U.S. stocks Tuesday as declines by large prime defense contractors weighed on the GCI. GovCon Index gainers edged laggers but only four of the GCI’s 11 S&P 500-listed stocks closed green as Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) ended as the …

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August 22 Market Close: GovCon Index Rises Against Choppy US Stock Trade

GovConIndexUP

Executive Mosaic’s GovCon Index recovered from a slightly negative open Monday and held positive against choppy activity in U.S. stock markets as speculation over the next interest rate hike continued to dominate investors’ attention. GovCon Index gainers outnumbered laggers and unchanged stocks by a 2-to-1 ratio and eight of the GCI’s 11 …

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August 18 Market Close: GovCon Index Lifted on CACI Earnings Beat, Energy Leads US Stock Gains on Oil Spike

GovConIndexUP

Executive Mosaic’s GovCon Index rebounded Thursday from a two-session stretch of losses on a surge by CACI International‘s (NYSE: CACI) stock after the government services contractor topped Wall Street’s fourth quarter and full-year forecasts. Arlington, Virginia-based CACI said the February acquisition of the National Security Solutions business from L-3 Communications (NYSE: LLL) helped …

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August 8 Market Close: GovCon Index Dragged by Northrop & Other Defense Prime Losses

GovConIndexDOWN

The GovCon Index stumbled Monday and failed to carry over momentum from Friday’s strong July jobs report as declines by major defense primes weighed on the GCI and losses by healthcare shares dragged down U.S. stocks. GovCon Index laggers outnumbered gainers by a 2-to-1 ratio and four of its 11 S&P 500-listed stocks posted gains with Northrop Grumman (NYSE: …

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