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Stock Market & Financial Investment News

News Breaks
March 20, 2014
08:32 EDTCSCCSC wins $86M blanket purchase agreement
The U.S. Department of Homeland Securityís Customs and Border Protection awarded CSC a single-award blanket purchase agreement to provide financial systems support services including next-generation capabilities. The BPA and first task order, signed in Q3 of CSCís FY14 have a one-year base period and four option years. The BPA, awarded under the General Services Administrationís schedule 70 contract, has an estimated total value up to $86M, and the first task order has an estimated total value of $31M. Under the first task order, CSC will provide operations and maintenance of financial systems and functional support, including help desk, user training, upgrades and enhancements, to CBPís 5K SAP users. As part of the BPA, CSC will also assist in the development and implementation of new financial systems, including a shared services model across DHS. As a result of CBPís success with SAP and its reputation within DHS as a leader in financial management and systems, CSC will help the agency establish a CBP shared services program for interested DHS organizations and components.
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August 26, 2014
09:51 EDTCSCOn The Fly: Analyst Initiation Summary
Cray (CRAY) initiated with a Buy at Stifel... Enphase Energy (ENPH) initiated with a Buy at Needham... FCB Financial (FCB) initiated with a Buy at UBS... FCB Financial initiated with an Overweight at JPMorgan... Goldman Sachs (GS) initiated with a Buy at MKM Partners... HealthEquity (HQY) initiated with a Neutral at RW Bair... Mobileye (MBLY) initiated with a Buy at Deutsche Bank... Mobileye initiated with a Neutral at Goldman... Mobileye initiated with a Neutral at RW Baird... Mobileye initiated with an Overweight at Barclays... RAIT Financial (RAS) initiated with an Outperform at JMP Securities... SunEdison (SUNE) initiated with an Outperform at FBR Capital... Mobileye initiated with an Outperform at Raymond James... Transocean Partners (RIG) initiated with an Overweight at Morgan Stanley... GT Advanced (GTAT) coverage resumed with an Overweight at Piper Jaffray... LinkedIn (LNKD) initiated with an Overweight at First Analysis... CSC (CSC) initiated with a Sector Perform at RBC Capital... United Natural Foods (UNFI) initiated with an Overweight at Stephens.
07:12 EDTCSCCSC initiated with a Sector Perform at RBC Capital
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