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Stock Market & Financial Investment News

News Breaks
January 16, 2014
07:04 EDTMANT, BAH, CACI, CSCFederal contracts dropped sharply last year, NY Times reports
The value of federal contracts awarded to private companies sank about 11% during the government's last fiscal year ended September 30, according to The New York Times. During that fiscal year, however, the government still awarded $460B in such contracts, the newspaper noted. Reference Link
News For BAH;CSC;CACI;MANT From The Last 14 Days
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March 30, 2015
09:27 EDTCSCRealogy appoints Sunita Holzer as Chief HR Officer
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March 26, 2015
08:01 EDTCACICACI awarded $38.5M task order contract
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March 23, 2015
08:01 EDTBAHBofA/Merrill industrials/EU autos analysts hold analyst/industry conference call
Analysts provide a discussion of the key takeaways from the recently held Global Industrials & European Autos Conference on an Analyst/Industry conference call. to be held on March 23 at 10 am.
March 20, 2015
08:03 EDTMANTManTech awarded $10.9M contract by Department of the Interior
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March 19, 2015
08:48 EDTBAHBooz Allen the best way to play defense spending rebound, says RBC Capital
RBC Capital views Booz Allen as the best way to play the defense budget recovery, due to its industry-leading margins, focus on R&D and respectable 2% yield. However, the firm, noting that the company returns 134% of its free cash flow to shareholders, believes that its cash deployment strategy is its best attribute. RBC keeps a $34 price target and Outperform rating on the shares.
March 16, 2015
12:56 EDTCACIIBM protest of Army contract an incremental negative for CACI, says Maxim
According to a Washington Technology article, IBM (IBM) successfully protested a $158M Army-payroll contract awarded to CACI (CACI). Maxim expects the contract to be re-evaluated and for CACI to still prevail and win, but the revenue ramp will take longer than previously anticipated. The firm rates CACI a Buy with a $101 price target.
12:54 EDTCACIContract awarded to CACI protested by IBM, Washington Technology reports
A $158M Army payroll and personnel contract that was awarded to CACI (CACI) has been successfully protested by IBM (IBM) and the contract has been dismissed, Washington Technology reports. Reference Link
08:02 EDTCACICACI awarded two task order contracts totaling $86M
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