Global private equity firm H.I.G. Capital has agreed to acquire Reston, Virginia-based government information technology services provider NCI (Nasdaq: NCIT) for approximately $283 cash, or $20 per share. NCI said Monday its board of directors unanimously approved the proposed sale and that founder and Chairman Charles Narang will tender all of...
The Executive Mosaic GovCon Index closed up sharply 1.413 percent to 95.454. Posting the single largest daily gain for the month. 29 of the 30 stocks that make up the GovCon Index advanced on the day. Navistar International lead the index, up 6.66 percent as the company announced key executive changes at the top. The major indices...
The Executive Mosaic GovCon Index moved down for the week 0.64 percent after Friday’s close which reversed a three day downward trend. The major indices closed mixed on the week with the S&P500 and DJIA closing down by 0.16 percent and 0.27 percent respectively and the NASDAQ up 1.11 percent. WTI crude oil closed the week down...
The Executive Mosaic GovCon Index reversed it’s three day downward trend to close up 0.168 percent to 95.302 with advancers outpacing decliners 2 to 1. The major indices had little movement on the day closing mixed with the S&P500 and NASDAQ up and the DJIA down. The S&P500 and NASDAQ remand in positive territory for most of...
The Executive Mosaic GovCon Index closed down for the third consecutive day 0.254 percent to 95.087. Advancing and declining shares were pretty much evenly split. The major indices showed little change on the day closing mixed with the S&P500 and DJIA down and the NASDAQ up. The S&P500 and DJIA markets traded in the positive range ...
The Executive Mosaic GovCon Index closed down today 0.477 percent to 95.33. Advancing and declining shares were pretty much evenly split. The major indices closed mixed on the day with the S&P500 and DJIA down and the NASDAQ up. The continued drop in oil prices pulled energy and industrial stocks down, as technology stocks moved up. WT...
Cal Shintani, formerly chief growth officer of Oceus Networks and a 30-year government information technology veteran, has been appointed to the same position at citizen experience IT company HighPoint Global. HighPoint said Tuesday he will oversee capture, business development, merger-and-acquisition and growth initiatives at the Reston, Virgi...
The Executive Mosaic GovCon Index closed up for the fifth consecutive day with a mix of service providers and platform companies leading the pack. Technology stocks rebounded from a two-day slump, what Bloomberg called the worst slide of the year. During the course of the day, the Dow Jones Industrial Average hit a new intraday high, the...
Amy Miller Feehery, formerly principal director of strategic growth and business development at STS International, has been named vice president of sales at Hitachi Data Systems‘ federal business. Hitachi Data Systems said Tuesday the 14-year industry veteran will oversee corporate growth, sales, marketing and strategic planning...
The Executive Mosaic GovCon Index closed up for the fourth consecutive day with Government Services companies leading the top five positions. The three major indices all closed down as U.S. technology stocks continued their slide from Friday. WTI broke through the $46 mark to close up +0.52 percent settling at $46.07 per barrel as Russia a...
