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Stock Market & Financial Investment News

News Breaks
July 22, 2014
07:35 EDTCTGComputer Task Group reports Q2 EPS 20c, consensus 20c
Reports Q2 revenue $100.33M, consensus $99.91M.
News For CTG From The Last 14 Days
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October 21, 2014
07:43 EDTCTGComputer Task Group expects 2015 to be a challenge
The company said, "We expect to benefit from market demand for healthcare application management support, an area where CTG has significant experience. We also anticipate opportunity related to ICD-10 based on the current government regulatory deadline of October 1, 2015 for implementation of the new coding standard. Demand in our IT staffing business is on the rise, and we are well positioned to further grow this business. In 2015, we must comply with the requirements of the Patient Protection and Affordable Care Act. We are in the process of offering compliant health coverage to our hourly employees and intend to pass these additional costs on to customers engaging our hourly employees who elect this coverage."
07:42 EDTCTGComputer Task Group continued to be challenged by healthcare business
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07:33 EDTCTGComputer Task Group sees FY14 EPS 76c-78c, consensus 78c
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07:33 EDTCTGComputer Task Group sees Q4 EPS 20c-21c, conesnsus 22c
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07:32 EDTCTGComputer Task Group reports Q3 EPS 17c, consensus 17c
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October 14, 2014
08:03 EDTCTGCTG announces death of Chairman and CEO James Boldt
CTG announced the unexpected death of its Chairman and CEO James Boldt on October 13, 2014. CTG's board has appointed Brendan Harrington, CTG's CFO, to serve as the company's interim CEO. The Company's board also named Daniel Sullivan, the board's lead director and the former President and Chief Executive Officer of FedEx Ground, as CTG's Non-executive Chairman. The appointments were made in accordance with the Company's existing succession plan.

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