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Stock Market & Financial Investment News

News Breaks
February 20, 2014
05:36 EDTGIBCGI Group upgraded to Buy from Hold at Jefferies
Jefferies upgraded CGI Group citing an attractive valuation and expectations the company's free cash flow will recover in the current quarter. The firm raised its price target for shares to $39 from $34.
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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