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Stock Market & Financial Investment News

News Breaks
June 30, 2014
13:52 EDTCACIAppeals court revives detainees' torture case against CACI
The 4th U.S. Circuit Court of Appeals in Virginia vacated and remanded a lower court judge's decision that he lacked jurisdiction to hear claims brought by four Iraqi plaintiffs against CACI International for the alleged actions of its employees in directing their torture at the Abu Ghraib prison in Iraq. Reference Link
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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