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Stock Market & Financial Investment News

News Breaks
January 22, 2014
07:25 EDTGIBCGI Group weakness creates buying opportunity, says RBC Capital
RBC Capital believes that the 15% drop in CGI's stock over the last two months is overdone. and creates a buying opportunity for long-term investors. The firm thinks the stock has a number of upcoming positive catalysts and keeps a $45 price target and Outperform rating on the shares.
News For GIB From The Last 14 Days
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May 21, 2015
08:29 EDTGIBCGI partners with MMSA to offer CGI Advantage360 solution
CGI announced that it is partnering with the Michigan Municipal Services Authority to offer CGI Advantage360, a software as a service enterprise resource planning solution, to multiple Michigan localities. Initial clients under the new agreement are the City of Grand Rapids, which signed a $6.5M, five-year contract, and Kent County, which signed a $6M, five-year contract. The State of Michigan contracted with CGI in June 2014 to utilize CGI AdvantageŽ for state-wide financial management. CGI was selected by the MMSA through Michigan's MiDEAL initiative, an extended purchase program allowing local government entities to use state contracts for purchasing goods and services.
May 20, 2015
08:34 EDTGIBCGI Group and Baseline Telematics partner for insurance platform
CGI has joined forces with Baseline Telematics, a provider of usage-based insurance solutions, to integrate Baseline's end-to-end UBI platform with CGI's Ratabase rating engine. Baseline Telematics' UBI platform helps a smartphone app or a small device plugged into a policyholder's car provides real-time information on location, mileage, speed, sudden acceleration, braking, etc. to insurers, enabling them to rate and invoice insurance policies on a variable monthly basis.
May 12, 2015
08:30 EDTGIBCGI Group renews contract with State of Louisiana
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07:45 EDTGIBJefferies to hold a conference
2015 Global Technology, Media and Telecom Conference is being held in Miami on May 12-14.
May 11, 2015
07:28 EDTGIBCGI awarded three year user computing services contract by Highways England
CGI has been awarded a contract to provide information and communications technology services to Highways England. The three-year end user computing services contract will support Highways England through a major IT refresh and its transition from a government agency within the UK Department for Transport to a government-owned company. CGI will provide end user computing services through a collaborative ICT model for over 3,500 Highways England staff. The Highways England contract with CGI will enable it to further benefit from disaggregated ICT services, providing greater flexibility to facilitate the modernisation of its ICT infrastructure. The new end user computing services model implemented by CGI will improve business agility, mobility and security, allowing Highways England to adopt a range of mobile devices such as secure laptops and tablets.

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