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Tag Archives: Maximus

May 7 Market Close: GovCon Index Stays Level, Jobs Report to Loom Over Markets

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The GovCon Index ended Thursday’s trading session with a nominal gain of 0.015 points to 73.162 as U.S. stocks recorded slight gains ahead of Friday’s payrolls report. Richard Sichel, chief investment officer at Philadelphia Trust Co., told Bloomberg the jobs data from the Labor Department could be “even more newsworthy than usual” in ...

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April 21 Market Close: GovCon Index Rises, Mixed Earnings Stall US Markets

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The GovCon Index recorded an increase for the second consecutive day as it closed up 0.323 points to end the day at 76.078. U.S. stock markets recorded a mixed day after a new slate of financial reports from many blue chip companies showed they beat Wall Street estimates on earnings per share ...

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April 13 Morning Report: GovCon Index Closes Week With Gain

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The GovCon Index ended the week at 69.436 on Friday, up 0.173 points from the previous day’s close. The Dow Jones Industrial Average gained 98.92 points to 18,057.65, the Standard & Poor’s 500 composite index rose 10.88 points to 2,102.06 and the NASDAQ composite index climbed 21.41 points to 4,995.98. Top Percentage Gainers   Company   Stock Price ...

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April 10 Market Close: GovCon Index Moves Up, GE Restructure News Drives US Gains

GovConIndexUP

The GovCon Index ended the week with a gain of 0.173 points to close at 69.436. U.S. markets traded in positive territory after General Electric (NYSE: GE) said it would exit most of its lending business and announced it would repurchase up to $50 bilion of its stock, Bloomberg reported. The Dow Jones Industrial Average gained ...

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April 8 Market Close: GovCon Index Up, Markets Flunctuate as Fed Minutes Show Split Over Rate Hike

GovConIndexUP

The GovCon Index closed up Wednesday with a gain of 0.293 points to 69.277 on a day that saw U.S. stocks fluctuate after the release of the Federal Reserve‘s March meeting minutes. Those minutes indicate a split in the Federal Open Market Committee’s membership over when the central bank would raise interest ...

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April 6 Market Close: GovCon Index Starts Post-Easter Week With 1% Gain

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The GovCon Index rose 0.604 percent Monday to close at 69.261 on a day that saw low-trading activity by U.S. investors and many other markets worldwide closed for Easter Monday. U.S. traders had an extra day to consider the Labor Department‘s March payrolls report since markets were closed for Good Friday and will watch initial ...

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Richard Montoni: Maximus Wraps Up Acentia Purchase

Richard Montoni

Maximus (NYSE: MMS) has closed its $300 million cash purchase of Acentia to add technology products and service offerings to Maximus’ federal portfolio. “The acquired client relationships and contract vehicles serve as an additional growth platform for our U.S. federal business,” Richard Montoni, CEO of Maximus and an inductee into ...

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Richard Montoni: Jobactive Contract Win Validates Maximus Commitment to Human Services Work

Richard Montoni

TYSONS CORNER, VA April 1, 2015 — Executive Mosaic — ExecutiveBiz reported Tuesday on a contract for Maximus (NYSE: MMS) subsidiary Max Solutions to manage Australia’s jobactive employment services program for five years. The award continues the government contractor’s work across Australia, which Maximus CEO Richard A. Montoni said has yielded ...

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March 31 Market Close: GovCon Index Retreats, Market Shows Jitters Ahead of Earnings Season

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The GovCon Index retreated from Monday’s gain to record a loss of 1.154 percent and close at 69.067 on Tuesday. U.S. investors are watching for many economic reports this week such as the jobs report, data on construction and manufacturing and factory orders, CNBC reported. Many corporate earnings reports for their first ...

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