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Search Results for: leidos

Andy Maner: IBM-Epic Team Forms Advisory Group for Potential DoD EHR Project

IBM (NYSE: IBM) and Epic have formed a Military Health System advisory group to provide industry best practices in support of the team’s contract bid for the modernization of the Defense Department‘s healthcare management system. A press release posted Thursday on FierceHealthIT stated that the group will help guide the IBM-Epic team in the …

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SAIC Founder Robert Beyster Dies at Age 90

Dr. Robert Beyster, the iconic founder of Science Applications International Corp. (NYSE: SAI) and a legend in the GovCon sector, died Monday morning of natural causes at age 90, the family said on Beyster’s personal blog Monday. Beyster founded SAIC in 1969 as an employee-owned company and it has since grown to a …

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The Deals, Moves and Shakeups That Drove GovCon in 2014

EDITORS NOTE: The piece below is a special edition of the Weekly Roundup newsletter written by Jim Garrettson, president and founder of this website’s parent company Executive Mosaic, to recap the biggest stories in the GovCon sector for 2014. In this year-end issue, Jim wraps up the year with a …

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December 10 Market Close: GovCon Index Tumbles, SAIC Jumps for 2nd Straight Day

The GovCon Index tumbled 2.055 percent — or 1.394 points — to close at 69.214 on a Wednesday that saw only two out of 30 companies on the index show gains: Science Applications International Corp. (NYSE: SAI) and Serco Inc. SAIC’s stock price increased for a second consecutive day after the company said its third-quarter revenue increased 2 …

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SAIC Reports Slight 3Q Revenue, Profit Bumps

Science Applications International Corp. (NYSE: SAI) has reported financial results for the third quarter of the company’s 2015 fiscal year ended Oct. 31, 2014, almost a year after SAIC completed its separation from the company now known as Leidos (NYSE: LDOS). McLean, Virginia-based SAIC officially became an independent company on Sept. 27, 2013 …

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December 8 Market Close: GovCon Index Falls, Crude Oil Prices Drag Market Down

The GovCon Index started the week of Dec. 8 with a decline of 0.761 percent — or 0.533 points — to close at 70.530 on Monday. Crude oil prices fell to below $63 per barrel for the first time in five years and investors reacted to other data that showed a shrinking economy in Japan, …

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December 8 Morning Report: GovCon Index Posts Gains at Friday’s Close

The GovCon Index closed at 70.063 on Friday, an increase of 0.541 percent, or 0.386 points, from Thursday trading.   The Dow Jones grew 0.33 percent to close at 17, 958.79, the Standard & Poor’s 500 recorded a 0.02 percent gain to 2, 072.30 and the NASDAQ increased 0.11 percent to 4, 774.59. Reuters attributed the …

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December 5 Market Close: GovCon Index Gains as Jobs Report Sets 3-Year High

The GovCon Index rebounded some ground Thursday with an increase of 0.541 percent — or 0.386 points — to close at 70.063 on Friday. Stocks largely increased Friday after the release of the Labor Department‘s jobs report, which said U.S. businesses added 321, 000 new employees in November to set a new high for the past three …

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December 4 Market Close: GovCon Index Loses Ground, Investors Await Labor Report

The GovCon Index retreated Thursday by 0.223 percent — or 0.157 points — to close at 70.676, a figure that keeps the index in positive territory from the previous week. Investors reacted to the European Central Bank’s decision to not take any action on a potential stimulus until at least early next year …

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December 3 Market Close: GovCon Index Continues Climb

The GovCon Index continued its post-Thanksgiving climb for a second consecutive day with a Wednesday closing figure of 70.834 — an increase of 0.799 percent, or 0.571 points from Tuesday. Investors reacted to a report from the ADP Research Institute that says companies added 208, 000 employees during November and that …

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