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News Breaks
February 20, 2013
16:57 EDTCACICACI International names Kenneth Asbury CEO
CACI International announced that Kenneth Asbury has been appointed as the company's CEO.
News For CACI From The Last 14 Days
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April 8, 2014
10:03 EDTCACIOn The Fly: Analyst Upgrade Summary
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07:45 EDTCACICACI International upgraded to Outperform from Underperform at Raymond James
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April 3, 2014
09:14 EDTCACIOn The Fly: Pre-market Movers
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09:04 EDTCACICACI International weakness a buying opportunity, says Cowen
Cowen would use any weakness in CACI International to add to positions. The firm noted its lowered guidance but expects bookings to lift in the June and September quarters. Cowen reiterated CACI as a top pick and maintains its Outperform rating and $90 price target.
07:12 EDTCACICACI International weakness creates buying opportunity, says Stifel
After CACI reduced its FY14 guidance, Stifel continues to believes that the company will have very strong contract award activity in the second half of the year The firm expects the company's organic growth in its 2H15 to be positive. Stifel cut its price target on the stock to $82 from $92 but keeps a Buy rating on the stock.
06:06 EDTCACICACI International to host conference call
Conference call to discuss fiscal year 2014 guidance will be held on April 3 at 8:30 am. Webcast Link
April 2, 2014
18:51 EDTCACIOn The Fly: After Hours Movers
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16:12 EDTCACICACI International drops after reducing FY14 guidance, first look
Shares are down 10.9% to $66.40 in the extended session. At that price, next support is at $64.24. Resistance is at $67.35.
16:12 EDTCACICACI International down 10% to $66.90 following lowered FY14 guidance
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16:11 EDTCACICACI International sees Q4 net income higher than Q3
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16:09 EDTCACICACI International CEO: Lower FY14 guidance due to reduced gov't spending
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16:08 EDTCACICACI International lowers FY14 EPS view to $5.12-$5.51 from $5.59-$5.98
FY14 consensus $5.78. Lowers FY14 revenue view to $3.5B-$3.6B from $3.65B-$3.8B, consensus $3.71B. The company said, "We are revising our guidance as a result of the impact of the continued uncertainty our customers are experiencing despite the passage of the omnibus appropriations bill in January. We continue to experience delays in contract awards for new business to CACI, lower run-rates on professional services contracts, and reductions in Afghanistan-related material purchases."
16:06 EDTCACICACI International lowers FY14 guidance
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