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January 8, 2014
07:31 EDTGIBCGI Group signs contract with new Swedish government authority
CGI has been chosen to deliver business critical IT services to the Swedish Health and Social Care Inspectorate, or IVO, a new government authority established on June 1, 2013 to monitor health, medical care and social services in Sweden. The four-year outsourcing agreement covers IT infrastructure and operations management, as well as application development and management for business critical applications such as task management systems and desktop applications. The estimated value of the contract is approximately C$19.5M. As part of the agreement, CGI will help to ensure IT is an effective business enabler for IVO, creating efficient ways of working, driving cost savings, and freeing the authority to focus fully on its mission of supervision, permissions and monitoring.
News For GIB From The Last 14 Days
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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.
06:00 EDTGIBCGI Group upgraded to Buy from Hold at Societe Generale
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