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Stock Market & Financial Investment News

News Breaks
April 15, 2014
08:31 EDTTD, GIBCGI Group extends pact with TD Bank for investment funds platform
CGI (GIB) announces an extension to an existing agreement with TD Bank (TD) that will allow CGI to continue processing TD's mutual fund transactions under a managed services model until as late as 2026.
News For GIB;TD From The Last 14 Days
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August 27, 2015
06:34 EDTTDTD Bank reports Q3 adjusted EPS C$1.20, C$1.18
Reports Q3 revenue C$8.01B, consensus C$7.36B. Canadian Retail delivered net income of $1.6 billion, an increase of 11% over the third quarter last year on a reported basis, and 8% over the third quarter last year on an adjusted basis. Earnings were primarily driven by good loan, deposit, and wealth asset volume growth and very strong insurance earnings. U.S. Retail reported net income for the third quarter was US$543 million and adjusted net income was US$524 million. Excluding the Bank's investment in TD Ameritrade, the segment generated adjusted net income of US$450 million, in line with the third quarter last year. The results reflect strong loan and deposit growth, and disciplined expense management, partially offset by lower margins and normalizing credit losses. TD's Common Equity Tier 1 Capital ratio on a Basel III fully phased-in basis was 10.1%, compared with 9.9% last quarter.
August 24, 2015
07:35 EDTGIBCGI wins GBP186M contract with Edinburgh
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August 20, 2015
08:31 EDTGIBCGI Group wins $124M Army Intelligence contract re-compete
CGI has won a $124M, five-year contract - one base plus four option years - with the U.S. Army Training and Doctrine Command Intelligence Directorate for program management and technical support of core functions and operating environment.
August 18, 2015
09:01 EDTGIBCGI Group and Northern Savings Credit Union enter into outsourcing agreement
CGI and Northern Savings Credit Union have entered into a 10-year agreement for the outsourcing of core banking services. In addition, CGI entered into a definitive agreement to acquire the business of Solutions Only Financial Solutions, a Northern Savings indirect subsidiary, which will augment CGI's industry-leading banking solutions portfolio and strategy of providing clients with high-value IP-based services. The closing of the transaction is subject to customary closing conditions. As part of the acquisition, 31 Solutions Only employees will join CGI.
August 14, 2015
11:08 EDTTDNordstrom, J.C. Penney shares rise after better-than-expected Q2 earnings
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