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Tag Archives: CGI

CGI to Repurchase 6M Class A Shares

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CGI Group has announced plans to buy back 5,940,000 shares of the Montreal-based company’s Class A common stock for cancellation from the open market by Feb. 10, 2016. The Toronto Stock Exchange authorized CGI to use a normal course issuer bid strategy to purchase its outstanding shares through private agreements, the ...

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Tim Hurlebaus Takes President Role at CGI Federal

Tim Hurlebaus

Tim Hurlebaus, former senior vice president of the national security and defense programs unit at CGI Federal (NYSE: GIB), has taken the role of president at the Montreal-based company’s federal services subsidiary. CGI has made no official announcement of the appointment but has updated its website to reflect Hurlebaus’ new position at the subsidiary. He succeeds James ...

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April 13 Market Close: GovCon Index Trades Lower, Retail Sales Figures Due

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The GovCon Index entered the first full week of earnings season for many blue chip companies with a loss of 0.468 points to 63.527. Investors also will watch the Tuesday release of figures on retail sales and the producer price index, as well as news from Greece on that country’s ...

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April 7 Market Close: GovCon Index Slips, Markets Await Fed Minutes

GovConIndexDOWN

The GovCon Index lost some ground from the previous day’s close Tuesday and recorded a loss of 0.254 points to close at 69.007 on Tuesday. Bloomberg reports U.S. investors have their collective eye on the Federal Reserve‘s scheduled Wednesday release of minutes from its March meeting and many economic analysts surveyed by ...

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April 6 Morning Report: GovCon Index Slightly Up on Thursday’s Close

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The GovCon Index slightly increased on the last trading day before Easter weekend, up 0.062 points to close at 68.657. The Dow Jones Industrial Average rose 65.06 points to 17,763.24, the Standard & Poor’s 500 composite index gained 7.27 points to 2,066.96 and the NASDAQ composite index rose 6.71 points to 4,886.94. Top Percentage Gainers   Company   ...

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April 2 Market Close: GovCon Index Inches Up, Traders Eye Iran Talks

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The GovCon Index closed on a nominal rise Thursday — up 0.062 points to 68.857 — and recorded an even 15-15 split between risers and fallers. The final trading day of the week saw news of a possible nuclear agreement between Iran and major world powers weigh on investors, who largely want to see ...

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March 24 Market Close: GovCon Index Dips as Dollar, Oil Figures Rise

GovConIndexDOWN

The GovCon Index closed at a coss for a second consecutive day Tuesday as it recorded a decline of 0.318 points to 69.709. A 6-cent increase in crude oil and another increase in the U.S. dollar against other currencies drove U.S. trading activity Tuesday on a day that saw stocks decline, according to CNBC. Stocks traded ...

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March 4 Market Close: GovCon Index Dips as US Stocks Retreat

GovConIndexDOWN

The GovCon Index closed down for the second consecutive day with a loss of 0.46 points to 69.272. All sectors of the S&P 500 ended the day in negative territory on a day that saw U.S. markets end the day with broad-based losses, the Wall Street Journal reported. Investors also considered economic ...

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Toni Townes-Whitley Appointed Worldwide Public Sector VP at Microsoft

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Toni Townes-Whitley, a former executive at CGI Group‘s (NYSE: GIB) U.S. federal market subsidiary, has been appointed vice president of the worldwide public sector at Microsoft (NASDAQ: MSFT), a Microsoft spokesperson has confirmed to GovCon Wire. At Microsoft, she will lead a team of 2,000 employees that work with government, education ...

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February 10 Market Close: GovCon Index Closes Up, Orbital ATK and Huntington Ingalls Join

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The GovCon Index gained 0.407 points to 68.524 Tuesday, a day that saw the close adjusted with the addition of two new government contracting firms to the Index. Tuesday marked the Index’s first day of tracking new members Orbital ATK (NYSE: OA), the company formed out of the merger of ATK’s aerospace and defense groups with Orbital Sciences, and ...

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