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Tag Archives: Euro

Siemens Government Technologies to Install Energy Savings Solutions for U.S. Army in Germany: Barbara Humpton Comments

Siemens Government Technologies Inc. announced Monday that the company has received its first Euro-financed Energy Savings Performance Contract (ESPC) to help the U.S. government save energy and cut down on costs overseas. Siemens and the U.S. Army Corps of Engineers signed the $9.4 million contract to install, maintain and operate several …

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December 10 Market Close: GovCon Index Snaps 3-Day Losing Streak

The GovCon Index snapped a three-day streak of declines Thursday with a gain of 0.319 points to 76.970 and the larger U.S. stock market also ended its four-day stretch of losses. U.S. investors also looked to build up their currency holdings as the dollar rose 0.7 percent to $1.09 versus the euro …

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October 6 Market Close: GovCon Index Dips as Oil Rises, Dollar Weakens

The GovCon Index struggled for gains Tuesday after a positive open and closed at a decline of 0.357 points to 71.808. U.S. stocks declined after five days of positivity as biotechnology shares declined and investors also responded to the International Monetary Fund’s statement that the organization remain concerned over economies in developing nations, …

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July 13 Market Close: GovCon Index, US Stocks Rise in Tandem After Greece Pact

The GovCon Index extended its gains from the previous two trading days into Monday with a rise of 1.06 percent to close at 76.396 as U.S. markets welcomed reports over a deal between Greece and its creditors. CNBC reports that pact would keep Greece in the Euro zone and get financial aid in return …

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April 17 Market Close: GovCon Index Plummets 1%, Stocks Fall on Greece Reports

The GovCon Index hit a 15-day low Friday as it closed with a decline of 1.439 percent — or 1.064 points — to end the day at 75.027. McKesson (NYSE: MCK) was the only Index company to see its stock price rise Friday. Investors showed concerns over reports that Greece could …

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March 13 Market Close: GovCon Index Sinks, Dollar Rise Sends US Stocks Down

The GovCon Index mirrored widespread losses across U.S. markets Friday with a decline of 0.588 points to close at 67.895. Navistar (NYSE: NAV) and Orbital ATK (NYSE: OA) were the only Index companies to record gains for the day. Another strong day for the U.S. dollar against the euro could foreshadow future corporate …

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March 12 Market Close: GovCon Index Climbs Back, Dollar Weakens

The GovCon Index re-entered positive territory Thursday with a gain of 1.129 percent to close at 68.484. A report that showed a decrease in retail sales in February and a decline in the dollar versus Euro drove investor speculation that the Federal Reserve could adjust its stance on when it could next …

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March 6 Market Close: GovCon Index Drops 1% as US Dollar Surges, Traders Anticipate Rate Hikes

The GovCon Index mirrored losses in U.S. markets Friday as it fell 1.327 percent to close at 68.397. Intelsat (NYSE: I), Orbital ATK (NYSE: OA) and Textron (NYSE: TXT) were the only companies listed on the index to record gains. The U.S. dollar surged against the euro and the yen while a …

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