Search Results for: Serco

Salient, CRGT to Merge in Gov’t IT Modernization & Business Intell Market Push

Government services contractors Salient Federal Solutions and CRGT have agreed to merge under a deal of an undisclosed sum in a push to expand their information technology modernization and business intelligence services to federal and other public sector agencies. The companies said Tuesday they expect to close the transaction early in the fourth quarter …

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Weekly Roundup Aug 3 – Aug 7 2015

Weekly Roundup Aug 3 – Aug 7 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Two of the Defense Department’s top civilian leaders traveled to Silicon Valley this week for discussions with a new arm of the Pentagon started earlier this year …

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Aug. 3 Morning Report: GovCon Index Up on Friday’s Close

The GovCon Index recorded a one-day gain of 0.240 points to close at 76.270 Friday,  up 1.85 percent from its July 24 closing figure of 74.888. The Dow Jones Industrial Average declined 55.52 points to 17, 690.46, the S&P 500 composite index lost 4.71 points to 2, 103.92 and the NASDAQ composite index closed …

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July 31 Market Close: GovCon Index Closes Up, US Stocks Trade Down on Energy Earnings News

The GovCon Index rebounded from losses in Thursday’s trading session to record a gain of 0.240 points and close at 76.270 Friday. For the week, the Index rose 1.85 percent from its July 24 closing figure of 74.888. A loss of 2.5 percent in the S&P 500 composite index’s energy sector weighed …

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July 16 Market Close: GovCon Index Rebounds, US Stocks Advance After Greek Parliament’s Austerity Vote

The GovCon Index recovered its losses from the previous day’s session to record a gain of 0.539 points and close at 77.375. U.S. stocks also rose after positive earnings reports from blue chips Citigroup and Intel and the Greek parliament’s vote to approve a series of austerity measures in return for financial aid …

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July 14 Market Close: GovCon Index Extends Gain Streak to 4 Days

The GovCon Index closed in positive territory for the fourth consecutive trading session Tuesday with a gain of 0.470 points to end at 76.867. Semiconductor and biotechnology stocks drove gains in U.S. markets Thursday despite a report that said consumer purchases fell 0.3 percent in June after a 1-percent climb in May, according to Bloomberg. …

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July 9 Market Close: GovCon Index, US Stocks Rebound Ahead of Greek Proposal Deadline

The GovCon Index bounced back from the prior day’s losses on Thursday to close at a gain of 0.572 points and end at 74.650. Financial shares recovered ground from Wednesday’s declines as investors waited to see if Greece would meet its Thursday midnight deadline to give European leaders a plan for spending …

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Former ManTech EVP Louis Addeo Joins SOS International’s Advisory Board; Julian Setian Comments

Louis Addeo, formerly executive vice president for corporate development and strategic acquisitions at ManTech International (NASDAQ: MANT), has joined the board of advisers at Virginia-based government services integrator SOS International. He aims to help drive the company’s expansion activities in the government contracting sector, SOSi President and CEO Julian Setian …

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July 6 Morning Report: GovCon Index Down on Thursday’s Close

The GovCon Index closed Thursday at 74.719 to end last week’s final trading day with a decline of 0.081 points. Health Net (NYSE: HNT) soared 10.01 percent over news of its $6.3 billion acquisition from health insurer Centene (NYSE: CNC). The Dow Jones Industrial Average went down 27.80 points to 17, 730.11, the Standard & Poor’s 500 composite index …

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July 2 Market Close: GovCon Index, US Stocks Dip on Jobs Data Ahead of Weekend Greece Referendum

The GovCon Index ended the final trading day of the week with a decline of 0.081 points to close at 74.719 as U.S. stocks also closed in slight negative territory. Health Net (NYSE: HNT) surged 10.01 percent after the Los Angeles-based managed health services provider announced it agreed to be purchased …

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