Search Results for: Serco

January 20 Market Close: GovCon Index Holds Up, Investors Await Euro Bank Move

The GovCon Index recorded a 50-50 split of gainers and laggers Tuesday to reach a nominal gain of 0.237 points — or 0.170 percent — to close at 71.291. A reduction in the International Monetary Fund’s worldwide growth forecasts for 2015 and 2016 was balanced by technology sector gains willingness among investors to hold back from more …

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January 15 Market Close: GovCon Index Dips, Banking Sector Losses Drag US Stocks

The GovCon Index recorded a nominal loss of 0.267 points — or 0.381 percent — to close at 70.408 on Thursday. A 1.1-percent decline in the S&P financial sector and worries over how global economic weakness could affect U.S. corporate earnings drove U.S. stocks down, according to Reuters. The Dow Jones …

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January 14 Market Close: GovCon Index Closes Down, Copper Plunge Drives US Market Losses

The GovCon Index fell 0.067 points — or 0.095 percent — to close at 70.674 on Wednesday. Copper prices declined 5.7 percent to $2.4945 per pound in New York and was a factor that drove U.S. stocks to decline, according to Bloomberg. Investors showed some concern over data that showed a …

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Louis Montgomery Heads to Search Firm Korn Ferry’s Global HR Practice

Louis Montgomery Jr., a nearly three-decade human resources veteran and a former senior vice president from Serco Group‘s North American arm, has joined Los Angeles-based talent consulting provider Korn Ferry (NYSE:KFY) as a principal. Korn Ferry said Tuesday Montgomery will work out of Korn Ferry’s office in Reston, Va. and be a member of the …

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January 12 Morning Report: GovCon Index Closed Friday Slightly Down On Reports Of December Wage Decline

The GovCon Index ended a strong trading week slightly down, closing Friday at 70.995 — off .306 points — or 0.433 percent. For the trading week Jan. 5-9, the index recorded a 0.516 percent increase and hit its second-ever largest closing figure within the past three months. U.S. stocks declined after two straight days of gains …

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January 9 Market Close: GovCon Index Retreats, Report Shows December Wage Decline

The GovCon Index ended the trading week with a slight decline of 0.306 points — or 0.433 percent — to close at 70.995 on Friday. For the week started Jan. 5, the index recorded a 0.516 percent increase and hit its second-ever largest closing figure for a trading week within the past three months. U.S. stocks …

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Navy Adds CGI, DRS Units to Consolidated Shipboard Networks Contract

The U.S. Navy has awarded CGI (NYSE: GIB) and DRS Technologies business segments positions on an eight-year, $2.5 billion contract to provide production units of the Consolidated Afloat Networks and Enterprise Services system. The Defense Department said Thursday that CGI Federal and DRS Laurel Technologies can compete for task orders under the indefinite-delivery/indefinite-quantity contract alongside …

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December 29 Market Close: GovCon Index Retreats Slightly

After reaching new highs last week, the GovCon Index slid back a bit to close Monday at 71.670, down 0.123 points,  or 0.172 percent. The stock markets closed mixed with the Nasdaq composite index unchanged at 4, 806.91, the Standard & Poor’s 500 up 0.1 percent to 2, 090.57 and the …

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December 23 Market Close: GovCon Index Reaches High for Month as GDP Data Shows Gains

The GovCon Index reached a new high for the month of December with a gain of 0.187 points — or 0.261 percent — to close at 71.467 on Tuesday. Investors appeared to show confidence after the Commerce Department said U.S. gross domestic product grew at a 5-percent annual rate between July and September, …

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December 22 Market Close: GovCon Index Hits 30 for 30 in 1% Climb

The GovCon Index started the week of Christmas with a gain of 0.903 points — or 1.250 percent — to close at 71.280 on Monday. All 30 companies on the GovCon Index recorded gains in a day that saw the index extend its streak of gains to a fourth consecutive trading day. An increase in …

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