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Stock Market & Financial Investment News

News Breaks
January 10, 2014
11:50 EDTGIB, ACNWhite House ends deal with CGI Group over Healthcare.gov, WaPo says
The White House has ended its contract with CGI Group (GIB), the company behind the design of the troubled Healthcare.gov site, reports The Washington Post, citing a person familiar with the matter. The report says the Obama administration will sign a deal with Accenture (ACN) early next week to replace CGI. Reference Link
News For GIB;ACN From The Last 14 Days
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February 10, 2016
07:34 EDTGIBCGI Group selected by Swedish fuel company for IT services
CGI has entered into a five-year contract with Preem, the largest fuel company in Sweden, to maintain a mission-critical enterprise resource planning system and also deliver a new card management solution as part of Preem's overall effort to modernize its IT environment.
05:38 EDTACNRSA and Accenture extend BPO agreement for insurance services
RSA has extended its relationship with Accenture, selecting the company as its preferred supplier for insurance business process outsourcing services for an additional six years to 2021. Under the new contract, Accenture will provide RSA UK with back-office administration and customer support services across its sales, service, claims and finance operations, supporting both direct customer and intermediated businesses. Accenture will also identify additional opportunities for standardization, automation and cross-training to help RSA deliver a superior customer-focused operation.
February 8, 2016
07:26 EDTACNThe FDIC and Federal Reserve Bank of San Francisco to hold a conference
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February 2, 2016
08:34 EDTGIBCGI Group awarded contract by Navy
CGI announced that it has been awarded part of the Navy's estimated $809.48M multiple award, indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee, firm-fixed-price task order contract to obtain process improvement, reengineering, management and data support services, to include Navy Enterprise Resource Planning sustainment on behalf of Naval Supply Systems Command, or NAVSUP, Business Systems Center. CGI is one of eight awardees on this contract. Each contract includes a 12-month base period with four 12-month option periods. If all options are exercised, work will be completed by July 2020.

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