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Stock Market & Financial Investment News

News Breaks
July 8, 2014
08:36 EDTGIBCGI Group selected as prime contractor for GSA OASIS contract
CGI Federal announced that the General Services Administration, or GSA, has chosen the company as a prime contractor under a new contract vehicle known as One Acquisition Solution for Integrated Services, or OASIS. The multi-award contract has an unlimited ceiling, allowing CGI to compete for billions of dollars in complex professional services task orders across all agencies in the U.S. federal government. GSA oversees the business of the federal government, among other things supplying federal purchasers with cost-effective, high-quality products and services from commercial vendors. CGI is one of 74 awardees under OASIS, an indefinite delivery indefinite quantity, or IDIQ, contract that will allow awardees to compete on a range of program management, management consulting, logistics, engineering, scientific and financial management services. Awardees will also be able to offer technology solutions as an ancillary service. For the first time, agencies will be able to purchase high-value professional services along with supporting IT solutions through a single contract, saving customers time and money.
News For GIB From The Last 14 Days
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July 16, 2014
08:32 EDTGIBCGI Group subsidiary awarded $64M in task orders by U.S. DoS
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July 11, 2014
10:00 EDTGIBOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Altria Group (MO) initiated with an Outperform at Cowen... Berkshire Hills Bancorp (BHLB) initiated with a Hold at Jefferies... CGI Group (GIB) initiated with an Outperform at Credit Suisse... Halozyme (HALO) initiated with an Overweight at JPMorgan... Lorillard (LO) initiated with an Underperform at Cowen... MacroGenics (MGNX) initiated with an Outperform at Oppenheimer... Philip Morris (PM) initiated with a Market Perform at Cowen... Prothena (PRTA) initiated with an Outperform at Oppenheimer... Reynolds American (RAI) initiated with a Market Perform at Cowen... Seventy Seven Energy (SSE) initiated with a Buy at Wunderlich... SouFun (SFUN) initiated with a Neutral at Macquarie... Sprouts Farmers Markets (SFM) initiated with a Neutral at Longbow... Sterling Bancorp (STL) initiated with a Buy at Jefferies... Xencor (XNCR) initiated with an Outperform at Oppenheimer... YPF (YPF) initiated with a Neutral at JPMorgan... iGATE (IGTE) initiated with an Outperform at William Blair.
07:49 EDTGIBCGI Group initiated with an Outperform at Credit Suisse
July 9, 2014
08:31 EDTGIBCGI Group names Francois Boulanger as CFO
CGI Group announced that, effective October 1, Francois Boulanger currently senior vice president and Corporate Controller will assume the position of executive vice president and CFO. This follows the planned retirement of R. David Anderson, who will stay on in an advisory capacity through the end of January, 2015.
July 8, 2014
08:36 EDTGIBCGI Group selected as prime contractor for GSA OASIS contract
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07:35 EDTGIBCGI Group awarded contract from European Commission
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