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Stock Market & Financial Investment News

News Breaks
January 2, 2013
07:28 EDTBAH, CACI, ICFI, MANTSequester risk just kicked down road, says Wells Fargo
Well Fargo believes that the sequester issue still poses risk to government services companies, as most of the automatic spending cuts were delayed for only about two months. The Pentagon still faces $50B in automatic cuts that would be spread out over just seven months in FY13, the firm notes. Wells maintains an Underperform rating on the government services sector sector, and it identifies the following companies as belonging to that sector: Booz Allen Hamilton (BAH), CACI International (CACI), ICF International (ICFI), ManTech International Corporation (MANT), NCI (NCIT), and sAIC (SAI). The firm also maintained Underperform ratings on all of the individual stocks listed.
News For BAH;CACI;ICFI;MANT From The Last 14 Days
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October 21, 2014
16:12 EDTICFIICF International signs definite agreement to acquire Olson
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October 20, 2014
10:26 EDTBAHBooz Allen acquires healthcare unit of Genova Technologies
Booz Allen Hamilton announced that it has purchased the Baltimore, Md.-based healthcare unit of Genova Technologies, a move that represents the firmís commitment to further support the transformational efforts of the U.S. governmentís Centers for Medicare and Medicaid Services. The acquisition of the unit and its assets, which includes a facility in Baltimore and a staff of about 40 people who currently provide IT solutions and strategy for CMS, will expand and supplement Booz Allenís strong legacy of support for the Department of Health and Human Services and its broader Health business. The Cedar Rapids, Iowa-based Genova Technologies will retain its defense and commercial businesses.
October 16, 2014
08:20 EDTMANTManTech awarded $29.7M task order from U.S. Navy
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October 8, 2014
07:04 EDTICFIICF International wins re-complete agreement with $18M value
ICF International has won a re-compete agreement, as part of a consortium led by the Carolina Population Center at the University of North Carolina, to support the U.S. Agency for International Development MEASURE Evaluation Phase IV program. The agreement has a value to ICF of $18M and a term of 5 years. Through this program, USAIDís goal is to strengthen health information systems in developing countries in order to generate health information that is used for decision making at the local, national and global levels. ICF will work in the areas of strengthening national capacity to manage health information systems, strengthening local capacity to monitor and evaluate malaria and other health programs, and incorporating information and communication technology in these efforts. ICF also will provide leadership of the projectís Community Health and Civil Society Engagement Team, and coordinate the programís ehealth efforts. This agreement has a value of $8.2M over five years.
October 7, 2014
07:02 EDTICFIICF International wins $100M BPA from NIH
ICF International has been awarded a single-award blanket purchase agreement from the National Institutes of Health to support biomedical and clinical information services. The BPA, a re-compete contract, has a ceiling of $100M and a term of five years. Under this agreement, ICF will continue to provide support for biomedical, health, and disaster information management services, such as data collection and analysis, information dissemination, and outreach initiatives for multiple NIH Institutes and Centers, including the National Library of Medicine, the National Cancer Institute, the National Heart Lung and Blood Institute, the National Center for Advancing Translational Sciences, and other NIH partner agencies within the U.S. Department of Health and Human Services. In addition, the company will support key programs related to HIV/AIDS, genetics, cancer, rare diseases, clinical trials, and other federal health initiatives.

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