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Stock Market & Financial Investment News

News Breaks
January 30, 2013
16:16 EDTCACICACI International sees FY13 EPS $6.54-$6.79, consensus $6.59
Sees FY13 revenue $3.7B-$3.9B, consensus $3.8B. The company said, "We are revising the FY13 guidance we issued on October 31, 2012. Our previous guidance assumed that we would be operating in a CR environment throughout our fiscal year. During our second quarter, we saw greater than expected declines in contracting activity and spending levels significantly below those of a typical CR environment. As we look to the second half of our FY13, we expect this pattern of behavior to continue."
News For CACI From The Last 14 Days
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March 26, 2015
08:01 EDTCACICACI awarded $38.5M task order contract
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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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