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Stock Market & Financial Investment News

News Breaks
February 11, 2014
07:29 EDTGIBCGI Group weakness creates buying opportunity, says RBC Capital
RBC Capital believes that CGI's fundamentals have strengthened over the past 18 months, while its stock is trading at the widest discount to peers in 30 months. The firm keeps a $43 price target and Outperform rating on the stock.
News For GIB From The Last 14 Days
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February 10, 2016
07:34 EDTGIBCGI Group selected by Swedish fuel company for IT services
CGI has entered into a five-year contract with Preem, the largest fuel company in Sweden, to maintain a mission-critical enterprise resource planning system and also deliver a new card management solution as part of Preem's overall effort to modernize its IT environment.
February 2, 2016
08:34 EDTGIBCGI Group awarded contract by Navy
CGI announced that it has been awarded part of the Navy's estimated $809.48M multiple award, indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee, firm-fixed-price task order contract to obtain process improvement, reengineering, management and data support services, to include Navy Enterprise Resource Planning sustainment on behalf of Naval Supply Systems Command, or NAVSUP, Business Systems Center. CGI is one of eight awardees on this contract. Each contract includes a 12-month base period with four 12-month option periods. If all options are exercised, work will be completed by July 2020.

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