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Tag Archives: Apple

Trade Tariffs Prompt US Manufacturers to Shift Operations Outside China

U.S. companies have accelerated efforts to adjust supply chains after the Trump administration increased the tariff rate from 10 percent to 25 percent on $250B worth of goods imported from China, the Wall Street Journal reported Sunday.

Click here to register for the Potomac Officers Club's 2019 Secure Supply Chain Forum on July 18.

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Tech Industry Vet Raja Koduri to Join Intel as Chief Architect, Computing Group SVP

Raja Koduri, formerly senior vice president and chief architect of AMD‘s (Nasdaq: AMD) Radeon Technologies subsidiary, will join Intel (Nasdaq: INTC) in December as chief architect. He will also serve as senior vice president of Intel’s newly established core and visual computing group and general manager of a project that aims to drive …

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August 30 Market Close: GovCon Index Drops, Lockheed & Primes Lead Losses on Low Volume Day

Executive Mosaic’s GovCon Index held negative in a light trading session for U.S. stocks Tuesday as defense primes led GCI losses ahead of the July jobs report scheduled for release before markets open Friday. Tuesday’s decline represents the GovCon Index’s fifth decline over six days in a stretch driven by extended losses …

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May 23 Market Close: GovCon Index Slides, US Markets Mixed on Apple Bounce & Rate Hike Chatter

The GovCon Index consistently traded lower for the entirety of Monday trade and closed at a decline of 0.509 points to 77.267 with U.S. financial markets choppy in light of a sharp gain by Apple and speculation among investors about potential interest rate hikes this year. Boeing (NYSE: BA) nudged out …

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May 16 Market Close: GovCon Index Posts 1% Gain as Markets Welcome Buffett’s Apple Stake

The GovCon Index posted its second gain of more than a full point in three weeks Monday to close up 1.052 points — or 1.366 percent — to 78.090. Contractor stocks rode the wave of positivity in U.S. markets after Warren Buffett’s Berkshire Hathaway investment arm disclosed its now-$1 billion stake in Apple as of the first quarter’s …

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ViON Subsidiary Ascolta Names Brad Cox Chief Data Scientist, Clint Green CTO

Ascolta, a subsidiary of ViON, has appointed Brad Cox as chief data scientist and Clint Green as chief technology officer. Cox will be responsible for the design and execution of detection tools intended for network intrusions in his role at the Herndon, Virginia-based analytics firm, Ascolta said Thursday. Prior to …

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March 15 Market Close: GovCon Index Posts Loss, US Markets Hedge Ahead of Fed Statement

The GovCon Index traded in negative territory throughout the session Tuesday and closed at a decline of 0.355 points to 73.388 as U.S. stocks also held marginally downward ahead of the scheduled Wednesday afternoon statement from Federal Reserve policymakers when their two-day meeting concludes. Index stock Vectrus (NYSE: VEC), a Colorado Springs-based government technology …

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March 1 Market Close: GovCon Index Surges 1% to Kick Off Month, Oil Up 2%

The GovCon Index started March with a surge of 1.09 percent to 72.922 in activity that reflected larger gains in U.S. markets spurred by a climb in oil prices and a new manufacturing report that exceeded economists’ expectations. The Index has held above 72 points for three consecutive closes and …

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November 19 Market Close: GovCon Index Closes Up, US Markets Narrow

The GovCon Index barely edged in positive territory Thursday with a gain of 0.216 points to 78.940 on a choppy trading day for U.S. markets. With a Friday gain, the Index would record a full week of five consecutive positive days for the second time in the fourth quarter so far. Index stock Health Net (NYSE: …

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