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Stock Market & Financial Investment News

News Breaks
February 19, 2013
08:07 EDTCACICACI International awarded prime position on $11B contract
CACI International announced that it has been selected as one of 12 prime contractors to provide acquisition support to the Department of Homeland Security, or DHS, on the Technical, Acquisition and Business Support Services, or TABSS, contract. This five-year indefinite delivery/indefinite quantity contract, which has a ceiling of $1B, represents new work for CACI and expands the company's presence in its C4ISR, Logistics and Material Readiness, and Business System markets. This TABSS contract provides a major vehicle for all 22 DHS agencies, including the U.S. Coast Guard, to obtain mission-critical acquisition and program management support for systems, ships, aircraft, and IT services. CACI will provide work under the contract's Program Management, Engineering and Technology Support Services domain, which includes support for planning and administering programs and projects within the DHS program office, as well as designing, developing, and fielding assets, processes, and systems related to engineering and technology.
News For CACI From The Last 14 Days
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January 29, 2015
14:04 EDTCACICACI unlikely to reach high-end of guidance, says Wells Fargo
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11:09 EDTCACICACI upgraded to Buy from Hold at Maxim
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January 28, 2015
16:18 EDTCACICACI backs FY15 EPS $5.14-$5.56, consensus $5.33
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16:17 EDTCACICACI says total backlog at December 31, 2014 $9.8B
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16:16 EDTCACICACI reports Q2 EPS $1.01, consensus $1.06
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09:59 EDTCACIOn The Fly: Analyst Upgrade Summary
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07:03 EDTCACIGovernment Services upgraded to Market Weight at Wells Fargo
Wells Fargo upgraded the Government Services sector to Market Weight from Underweight citing a stable outlook for Federal Funding and an improved pace of award activity. Along with the sector, Wells upgraded Booz Allen (BAH), CACI (CACI), Leidos (LDOS), ManTech (MANT) and NCI, Inc. (NCIT) to Market Perform from Underperform. The firm keeps Market Perform ratings on ICF International (ICFI) and SAIC (SAIC).
06:55 EDTCACICACI upgraded to Market Perform from Underperform at Wells Fargo
Wells Fargo upgraded CACI to Market Perform and other names in the Government Services space citing a stable outlook for federal funding and an improved pace of award activity. Wells its price target range for shares to $81-$83 from $64-$66.

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