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Tag Archives: Maximus

August 25 Market Close: GovCon Index Gives Back AM Gains, Nears Correction Territory

GovConIndexDOWN

The GovCon Index‘s streak of declines extended to a sixth consecutive day Tuesday with a gain of 1.297 percent to 69.628 as U.S. stocks also plummeted late in the trading session. GovCon Index and GovCon Wire parent company Executive Mosaic has determined the Index to officially be near correction territory — 10 percent down from ...

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August 20 Market Close: GovCon Index, US Stocks Fall as Traders Cut Odds on September Rate Hike

GovConIndexDOWN

The GovCon Index deepened its current streak of losses into a third consecutive day with a decline of 2.156 percent to close at 75.104. Three Index stocks out of 30 closed in positive territory: Maximus (NYSE: MMS), ICF International and Booz Allen Hamilton (NYSE: BAH). Concerns over global growth amid China’s yuan devaluation, ...

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Maximus to Repurchase $200M in Shares; Richard Montoni Comments

Richard Montoni

Maximus‘ (NYSE: MMS) board of directors has approved a plan to buy back another $200 million of company stock either in the open market or through privately negotiated transactions. The company said Monday it will acquire the shares on top of $84 million still remaining from an earlier repurchase effort. ...

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August 12 Market Close: GovCon Index, US Markets Trade Near Gain Line on Energy Stock Lift

GovConIndexDOWN

The GovCon Index recovered some losses sustained during the morning trading session Wednesday but ended at a decline of 0.130 points to 76.354. Gains from energy shares and Apple helped U.S. stocks to reverse declines from the morning session that stemmed from continued investor reaction to China’s currency devaluation in the ...

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Maximus Meets 3Q Wall Street Earnings Estimate, Beats Revenue Forecast

Maximus

Maximus (NYSE: MMS) has reported fiscal year 2015 third quarter earnings of 64 cents per share, a figure in line with Wall Street’s consensus projection. That figure includes costs related to the the Reston, Va.-based public sector health and human services contractor acquisitions of Acentia and Remploy, both of which ...

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Richard Montoni: Maximus Donation to Help Fund SC Youth, Health Programs

Richard Montoni

TYSONS CORNER, VA August 3, 2015 — The Maximus (NYSE: MMS) Foundation has made a donation to a memorial fund set up in support of community programs in South Carolina, GovCon Executive reported Friday. According to Maximus, half of the grant to the Lowcountry Ministries – Reverend Pinckney Fund came ...

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July 20 Market Close: GovCon Index, US Stocks Slightly Up as Investors Digest Earnings

GovConIndexUP

The GovCon Index closed in neutral territory Monday with a nominal gain of 0.040 points to 77.143. Lockheed Martin‘s (NYSE: LMT) stock price jumped nearly 2 percent after the company said it would examine a separation of its information technology and technical services business and its agreement to purchase helicopter manufacturer Sikorsky Aircraft from United ...

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July 20 Morning Report: GovCon Index Down on Friday’s Close

GovConIndexDOWN

The GovCon Index ended at 77.103 on Friday’s close, losing 0.272 points. The Dow Jones Industrial Average was down 33.80 points to 18,806.45, the Standard & Poor’s 500 composite index gained 2.35 points to 2,126.64 and the NASDAQ composite index increased 46.96 points to 5,120.14. Top Percentage Gainers Company $ Current Price $ Change % Change Honeywell International 105.54 +1.97 ...

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July 17 Market Close: GovCon Index Down, US Stocks Mixed

GovConIndexDOWN

The GovCon Index ended the week in negative territory to close at a loss of 0.272 points and end at 77.103. Index company Honeywell (NYSE: HON) saw its share price jump nearly 2 percent after the company reported an increase of $1.51 earnings per share for its second fiscal quarter, up ...

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July 15 Market Close: GovCon Index Ends 4-Day Gain Streak

GovConIndexDOWN

The GovCon Index closed slightly down today with a loss of 0.035 points to end the Wednesday trading day at 76.835. The GovCon Index spent most the trading day in the positive, however it dipped late in the day following the major U.S. markets on concerns of the Federal Reserve ...

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