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CGI revenues in U.S. could take hit from health-care problems, says analyst
2014-01-13 22:00:12| IT Services - Topix.net
CGI Group's revenues in the United States could take a hit over the next two years due to negative attention it has received for its role in setting up health insurance exchanges, an industry analyst said Monday.
CGI payments may be withheld by 2 states
2013-12-28 10:22:53| IT Services - Topix.net
CGI Group said Friday it is committed to "delivering and satisfying" mandates for U.S. health insurance websites, following reports that two states, Massachusetts and Vermont, are freezing payments to the Montreal-based information technology company.
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CGI Group shares drop after Chanos makes big short bet
2013-12-04 23:17:05| IT Services - Topix.net
CGI Group's U.S.-listed stock dropped as much as 5.9 percent after Newsweek first reported early Wednesday that Chanos counts the stock among his "largest short positions."
CGI completes $100 million share buyback
2013-11-29 19:54:16| IT Services - Topix.net
CGI announced today that it has completed its previously announced buyback of 2,490,660 Class A subordinate voting shares from la Caisse de depot et placement du Quebec .
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Caisse to earn profit from sale of nearly 10 million CGI shares for $400 million
2013-11-26 22:56:07| IT Services - Topix.net
The Caisse de depot et placement du Quebec will pocket more than $186 million in profit after agreeing to sell nearly 10 million shares of Montreal-based IT services firm CGI Group.
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