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News Breaks
January 10, 2014
11:50 EDTACN, GIBWhite House ends deal with CGI Group over, WaPo says
The White House has ended its contract with CGI Group (GIB), the company behind the design of the troubled 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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November 19, 2015
16:29 EDTACNAccenture Chief Leadership Officer Adrian Lajtha to retire in February
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November 16, 2015
07:37 EDTGIBCGI Group signs three year contract with ELEXON
CGI announces it has signed a three year contract including a two year extension option, with ELEXON, the industry-funded company that administers the wholesale electricity balancing and settlement arrangements for Great Britain. CGI has been providing Business Process and IT Outsourcing services to ELEXON for the last 15 years and under the terms of this new agreement CGI will operate, maintain and manage all ELEXON's core applications whilst migrating them to its Cloud in order to deliver increased flexibility and scalability. ELEXON currently handles large amounts of data including settlement of over 5,700 daily wholesale electricity trades, 1.25 million daily meter readings and settlement of over GBP 1.4 billion of customer funds annually.
November 12, 2015
10:00 EDTGIBOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Angie's List (ANGI) upgraded to Market Perform from Underperform at Raymond James... CGI Group (GIB) upgraded to Buy from Hold at Societe Generale... Devon Energy (DVN) upgraded to Buy from Neutral at Guggenheim... EP Energy (EPE) upgraded to Neutral from Sell at Citi... Franco-Nevada (FNV) upgraded to Buy from Hold at Canaccord... Galena (GALE) upgraded on commercial business divestment at Oppenheimer... KPN (KKPNY) upgraded to Buy from Hold at HSBC... Macy's (M) upgraded to Buy from Neutral at Northcoast... Magic Software (MGIC) upgraded to Overweight from Equal Weight at Barclays... Range Resources (RRC) upgraded on valuation, 2016 outlook at RBC Capital... Raytheon (RTN) upgraded to Buy from Hold at Argus... Trend Micro (TMICY) upgraded to Buy from Neutral at Nomura.
08:07 EDTACNAccenture, Box say Amadeus bringing Box content platform to workforce
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06:00 EDTGIBCGI Group upgraded to Buy from Hold at Societe Generale
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November 11, 2015
17:07 EDTACNH.B. Fuller wins $14M in arbitration case against Accenture
H.B. Fuller (FUL) has been awarded damages in the amount of $12.8M in its arbitration case against Accenture (ACN) related to the company's enterprise resource planning software implementation in 2014. The arbitrator also ruled that H.B. Fuller did not owe $1.4M in fees, bringing the total monetary relief to over $14M.
08:15 EDTACNExecutives' Club of Chicago to hold a discussion
The Executives' Club of Chicago holds their Business Technology Leadership Forum entitled, "Safeguarding Your Business: The Impact of Growing Cyber Threats" with Kevin Novak, CISO of Northern Trust, Tom Corn, SVP of VMware, Richard Rushing, CIO of Motorola Mobility and Kevin Richards, Managing Director of Accenture in Chicago on November 11 at 7 pm.
07:55 EDTACNRBC Capital to hold a conference
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06:33 EDTGIBCGI Group reports Q4 EPS C$0.82 ex-items, consensus C$0.80
Reports Q4 revenue C$2.6B, consensus C$.2.55B
06:32 EDTGIBCGI Group reports Q4 EPS ex-items 82c, consensus 80c
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