Tag Archives: ICF

April 10 Market Close: GovCon Index Moves Up, GE Restructure News Drives US Gains

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 reported. The Dow Jones Industrial Average gained …

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March 23 Morning Report: GovCon Index Closes Friday with Gains

The GovCon Index posted gains of 0.817 points (1.152%) Friday to close at 70.116, with majority of index companies reporting an increase in stock prices. Reports that Greece could receive additional funding from the European Union saw the U.S. dollar weaken versus the Euro, according to Bloomberg. The Dow Jones Industrial Average increased 168.36 points to 18, 127.39, the …

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March 20 Market Close: GovCon Index Closes Up 1%, Dollar Weakens on Greece Speculation

The GovCon Index rode across-the-board gains of U.S. stocks Friday to record a climb of 1.152 percent — or 0.817 points — and close at 70.116. Twenty-seven out of 30 total index companies saw their stock prices close in positive territory. Investors reacted to comments by a European Union official that Greece could …

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March 19 Market Close: GovCon Index Falls, Traders Consider Fed Statement

The GovCon Index took a slight dip Thursday to record a decline of 0.259 points and close at 69.229 on a day of mixed results in U.S. markets. Investors continued to mull the Federal Reserve‘s statement Wednesday that an interest rate increase will be more gradual than they previously expected and …

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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 4 Market Close: GovCon Index Dips as US Stocks Retreat

The GovCon Index closed down for the second consecutive day with a loss of 0.46 points to 69.272. All sectors of the S&P 500 ended the day in negative territory on a day that saw U.S. markets end the day with broad-based losses, the Wall Street Journal reported. Investors also considered economic …

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February 27 Market Close: GovCon Index Ends February With Loss

The GovCon Index closed the last trading day of February with a loss of 0.677 points to 69.615. ICF International (NASDAQ: ICFI) was the biggest gainer after the company reported an 11-percent increase in revenue for its full 2014 fiscal year. Commerce Department data released Friday said the country’s gross domestic …

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Sudhakar Kesavan: ICF Sets Contract Booking Record in FY 2014 as Firm Reports 11% FY 2014 Revenue Bump

ICF International (NASDAQ: ICFI) has announced financial results for the fourth quarter and its 2014 fiscal year ended Dec. 31, 2014. The Fairfax, Va.-based consulting firm said its revenue for the year increased 11 percent to $1.05 billion and profit rose 10 percent to $43.8 million. Profit figures exclude acquisition …

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February 26 Market Close: GovCon Index Falls, Energy Declines Sink US Stocks

The GovCon Index retreated for a second consecutive day Thursday with a loss of 0.32 points to 70.292. A 2.2-percent decline in energy stocks drove U.S. markets to losses Thursday despite gains in technology shares listed in the S&P 500 composite index, which saw seven out of 10 groups fall, according to …

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February 24 Market Close: GovCon Index Closes Flat, Traders Watch Fed Chair Remarks

The GovCon Index remained largely level for a second consecutive day as it rose 0.044 points to 71.008. Traders considered Federal Reserve Chair Janet Yellen’s testimony to the Senate Banking Committee, where she indicated the central bank would change its guidance before any interest rate increase, according to the Wall Street Journal. Investors …

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