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Tag Archives: retail

In-Q-Tel Picks Smart Shopping Cart Provider as Winner of AI Pitch Event

TYSONS CORNER, VA, June 25, 2018 — In-Q-Tel has selected Focal Systems among 12 finalist startup companies that offered various artificial intelligence technologies as part of a competition that drew more than 70 candidates across industry, ExecutiveBiz reported Friday. IQT said Thursday Focal Systems, a developer of smart shopping cart technology, won …

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In-Q-Tel Enters Investment Deal With Primer in Push for AI-Based Data Analysis

TYSONS CORNER, VA, Oct. 26, 2017 — In-Q-Tel has invested in artificial intelligence company Primer in efforts to deliver AI technologies that will work to support analysts in the government, financial and retail sectors, ExecutiveBiz reported Wednesday. IQT said Tuesday the strategic investment agreement aims to utilize Primer’s machine learning systems for processing …

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U.S. Adds 211,000 jobs in April; Unemployment Dips to 4.4 Percent

Employment rates in April rebounded better than expected, as employers added a solid 211,000 jobs. Unemployment dipped to 4.4 percent, its lowest rate in a decade, the Labor Department said Friday. The market added an average of 185,000 jobs a month this year, matching last year’s pace, reports CBS. Hiring was strongest in …

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January 17 Morning Report: GovCon Index Posts Gain on Defense Prime Stock Boost

Executive Mosaic’s GovCon Index closed Friday with a 0.464-percent climb to 88.863 as gainers outnumbered laggards at a 2-to-1 ratio with strong performances by defense prime stocks. L3 Technologies (NYSE: LLL) was GCI’s top net performer while Vectrus (NYSE: VEC) led the listed stocks in percentage gained. The Index’s rebound comes amid investor optimism …

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August 15 Morning Report: GovCon Index Posts Loss on Retail, Manufacturing Data

Executive Mosaic’s GovCon Index closed Friday down 0.148 points to 82.467 to end the week with a 0.315-point loss. The Index mirrored the larger U.S. market as the retail sales report for July showed no change from the previous month and manufacturing data fell below analyst expectations. Four of GCI’s S&P 500-listed stocks posted gains …

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May 16 Morning Report: GovCon Index Posts 1% Decline Friday

The GovCon Index closed Friday with a loss of 1.052 percent to 77.038 and posted a weekly decline of 0.155 percent or 0.12 points. U.S. investors remain wary as earnings reports from consumer companies were below expectations, although retail sales exceeded the consensus economist expectation with an increase of 1.3 percent in April, Reuters reported. …

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February 12 Market Close: GovCon Index, US Stocks Ride Oil Rally to End Losing Streaks

The GovCon Index rebounded on oil price recoveries and investor confidence Friday at a gain of 0.547 points to 69.294 but remain below the 70-point barrier for a second consecutive close. The Index posted a loss of 2 percent for the week and is down 10.62 percent from the start …

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August 13 Market Close: GovCon Index Up, US Stocks Mixed on Economic Data

The GovCon Index regained some ground after two straight days of declines to close at a gain of 0.138 points to 76.493. U.S. stocks hovered around the gain line in the final hour of trading for a second consecutive day as investors considered data that showed retail sales climbed 0.6 percent in July and …

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October 15 End of Day Report: GovCon Index Tanks 2% as Weak Data Hits Market

The GovCon Index recorded a 2-percent decline as of Wednesday afternoon, nearly in line with the other three major stock indices after the release of weak economic data. Ahead of the closing bell, the GovCon Index sat at a figure of 61.797, a decrease of almost a full point from Tuesday’s …

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