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The GovCon Index ended the week with a gain of 0.173 points to close at 69.436. U.S. markets traded in positive territory after General Electric (NYSE: GE) said it would exit most of its lending business and announced it would repurchase up to $50 bilion of its stock, Bloomberg ...
The GovCon Index closed up Wednesday with a gain of 0.293Â points to 69.277Â on a day that saw U.S. stocks fluctuate after the release of the Federal Reserve‘s March meeting minutes. Those minutes indicate a split in the Federal Open Market Committee’s membership over when the central bank would raise interest rates...
The GovCon Index rose 0.604 percent Monday to close at 69.261 on a day that saw low-trading activity by U.S. investors and many other markets worldwide closed for Easter Monday. U.S. traders had an extra day to consider the Labor Department‘s March payrolls report since markets were c...
Maximus (NYSE: MMS) has closed its $300 million cash purchase of Acentia to add technology products and service offerings to Maximus’ federal portfolio. “The acquired client relationships and contract vehicles serve as an additional growth platform for our U.S. federal business, â Richard Montoni, CEO of Maximus and an ...
The GovCon Index retreated from Monday’s gain to record a loss of 1.154 percent and close at 69.067 on Tuesday. U.S. investors are watching for many economic reports this week such as the jobs report, data on construction and manufacturing and factory orders, CNBC reported. Many corporate earnings reports for their firs...
The GovCon Index started the week of Easter with a gain of 1.228 percent to close at 69.854 on Monday. Energy shares and banks helped drive gains in U.S. markets Monday and traders also watched comments from China’s central bank and the Federal Reserve on their next moves to support economic growth, Bloomberg reported. The...
The GovCon Index started the week off with a rise of 1.66 percent — or 1.166 points — to close at 69.061 on Monday. Investors will look to see if the Federal Open Market Committee will retain the word “patient” in its next statement scheduled for Wednesday after its two-day Marc...
The GovCon Index inched upward Wednesday with a gain of 0.031 points to 67.702. U.S. markets barely budged Wednesday as investors continued to speculate over when the Federal Reserve would raise interest rates and also watched the dollar further strengthen, according to CNBC. The Dow Jones Industrial Average lost 27.55 points to 17, 635....