Author: Ross Wilkers|| Date Published: March 2, 2016
The GovCon Index edged higher Wednesday with a gain of 0.300 points to 73.224 as the three major U.S. stock indices also closed narrowly up on new data investors welcomed as showing slight improvement in the U.S. economy.
The latest National Employment Report from payroll processing services company ADP and Moody’s Analytics said private businesses in the U.S. added 214, 000 jobs in February, a number Reuters reported surpassed economists’ expectations of 190, 000 new positions.
According to Bloomberg, traders have priced in a 40-percent chance of a rate hike in June compared to the 26-percent odds posted last week and have the probability of a December increase at 68 percent, up from 42 percent last Wednesday.
Energy stocks and financial shares were the top gainers among sectors in the S&P 500 composite index, which rose 8.1 points, or 0.41 percent.
Brian Meyer, federal field chief technology officer at Axonius Federal, said cybersecurity asset management could help government agencies make dozens…
“Technology transformation company Red River has acquired Invictus International Consulting to expand its cybersecurity and enterprise modernization capabilities to support…
Synergy ECP, a software engineering, cybersecurity and systems engineering services provider, has acquired NetServices, a company offering secure, mission-focused technology services. The…
Precision Aerospace & Defense Group and FACT II Acquisition, a special purpose acquisition company, have signed a definitive business combination agreement to…
LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for…
The GovCon Index edged higher Wednesday with a gain of 0.300 points to 73.224 as the three major U.S. stock indices also closed narrowly up on new data investors welcomed as showing slight improvement in the U.S. economy.
