Tag Archives: aecom

October 27 Morning Report: GovCon Index Closes on Monthly High

The GovCon Index closed Friday reaching a monthly high at 65.994, up 0.260 or 0.393 percent after a week of strong third quarter corporate earnings.   Top Percentage Gainers Company Stock Price % Change AECOM Technology 32.60 1.97% General Dynamics 132.50 1.66% Maximus 43.54 1.61% Textron 38.76 1.57% Booz Allen …

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October 22 Morning Report: GovCon Index Up at Market Close

Gains all around reflected a GovCon Index close of 64.854 on Tuesday, up by 1.010 points or 1.533 percent from the previous day. Strong quarterly earnings from technology companies, coupled with the European Central Bank looking to buy corporate bonds as an option, boosted the Standard & Poor’s 500 by …

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October 21 Morning Report: GovCon Index Slightly Up at Market Close

The GovCon Index closed at 63.843 on Monday, up by 0.008 points (0.012 percent) from Friday’s close. U.S. markets closed higher on the back of a S&P 500 index gain of 17.25 points and NASDAQ composite index close of 57.64 points, both up for the third straight day, USA Today reported Monday. …

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October 20 Morning Report: GovCon Index Up at Market Close

The GovCon Index closed at 63.836 on Friday, up by 1.059 points (1.632 percent) from the previous day’s close. The S&P 500 and Dow Jones indexes closed more than 1 percent up, as did Europe’s main indicators in a rebound from a volatile week that the BBC said came amid fears of weakening global economic data.   …

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AECOM Closes $4B Buy of URS Corp. in Energy, Gov’t Services Market Push

AECOM Technology Corp. (NYSE: ACM) has closed its estimated $4 billion purchase of San Francisco-based engineering and construction services firm URS Corp. after shareholders at URS approved the transaction Thursday. Los Angeles-based AECOM announced the completion of the deal Friday and said it planned to pursue growth in the oil and …

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AECOM Issues Initial Election Results on URS Merger

URS Corp. (NYSE: URS) stockholders have completed the initial election phase for the form of merger consideration in relation to AECOM Technology‘s (NYSE: ACM) acquisition bid for URS. Holders of nearly 35.3 percent of outstanding URS shares have chosen to receive AECOM shares and will also receive cash for their URS shares,  AECOM said Thursday. Holders of …

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Report: Michael Burke Details Leadership Moves in AECOM-URS Combination

AECOM (NYSE: ACM) and URS Corp. (NYSE: URS) will have a restructured senior management setup after the completion of their $4 billion merger, Building.co.uk reported Wednesday. Vern Pitt writes that Michael Burke, AECOM president and CEO, has told employees that the integrated company will comprise of four operating groups and a business development organization that …

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AECOM Buys Hunt Construction Group; Michael Burke, Daniel McQuade Comment

AECOM Technology Corp. (NYSE:ACM) has moved to grow its construction services business with the acquisition of Hunt Construction Group for an undisclosed amount. Daniel McQuade, AECOM’s chief executive for construction services, said Tuesday the company that will integrate Hunt Construction’s sports, healthcare and aviation portfolios into AECOM’s construction services for …

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AECOM Signs $4B Deal to Buy URS Corp

Engineering design and infrastructure services firm AECOM has agreed to buy URS Corp. (NYSE: URS) for approximately $4 billion in cash and stock, or $56.31 per share, the companies said Sunday. AECOM will also assume URS’ debt and expects to close the acquisition in October, pending regulatory approvals and approval by …

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Gerry Decker Joins OMNIPLEX as Chief Growth Officer; Mike Santelli Comments

Gerry Decker, formerly a president at Project Team Solutions,  has joined OMNIPLEX World Services Corp. as chief growth officer, OMNIPLEX has confirmed to GovConWire. In his new role, Decker will be responsible for OMNIPLEX’s business development, strategy, marketing and corporate development functions as well as overseeing new service development, partnering and expansion efforts …

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