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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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October 15, 2014
07:35 EDTGIBCGI Group awarded C$69M by city of Oslo
CGI has been awarded a C$69M contract by the Agency for Education, or UDE, in the City of Oslo to modernize a large information and communications technology, or ICT, system used by the city's public schools. The new system will support more than 90,000 students and teachers in all of Oslo's 172 public schools and learning centers, as well as external stakeholders such as the parents of students. The new contract will run for six years with the opportunity to extend the contract for two more years. CGI will modernize a large system in current use to achieve the city's main objective of having a cloud-based system that addresses all school operational, teaching, communication and collaboration needs.

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