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Stock Market & Financial Investment News

News Breaks
January 10, 2014
11:50 EDTACN, GIBWhite 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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January 15, 2015
09:35 EDTGIBCGI Group upgraded to Outperform from Sector Perform at Scotia Capital
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January 12, 2015
08:48 EDTGIBCGI Group awarded $2.5B Navy CANES contract
CGI Federal, a wholly owned U.S. operating subsidiary of CGI Group, was awarded an indefinite-delivery/indefinite-quantity contract worth $2.5B for delivery of management and enterprise IT services in a single, integrated network for U.S. Navy ships. The contract allows CGI to compete for individual delivery orders over the fixed eight-year term.

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