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CGI Inc - GIB STOCK NEWS

Welcome to our dedicated news page for CGI (Ticker: GIB), a resource for investors and traders seeking the latest updates and insights on CGI.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CGI's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CGI's position in the market.

News
CGI awarded contract to modernize Commonwealth of Virginia';s child support system
Rhea-AI Summary
CGI (NYSE: GIB) (TSX: GIB.A) has been awarded a new contract by the Virginia Department of Social Services (VDSS) to modernize the legacy system supporting its Division of Child Support Enforcement (DCSE) using CGI Transcend™. The partnership aims to improve outcomes for children and families across the Commonwealth, providing user-friendly technology for Virginia families participating in child support programs and intuitive interfaces for DCSE staff.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
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CGI selected as partner by UK air traffic controller to help transform its digital infrastructure
Rhea-AI Summary
CGI (NYSE: GIB) (TSX: GIB.A) has been selected to partner with NATS, the UK's leading provider of air traffic control services, to transform and modernize the company's digital infrastructure and evolve its services for air traffic operations in the UK. The seven-year agreement will deliver data center and hosting services to increase the resilience, flexibility, and scalability of NATS' critical digital infrastructure, transitioning NATS to a hybrid cloud model using an agile delivery approach. CGI will also provide NATS with consulting services, frameworks, and practices for transforming and managing its complex IT portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
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City of Dallas selects CGI to upgrade business management systems to CGI Advantage®
Rhea-AI Summary
CGI (NYSE: GIB) (TSX: GIB.A) has been awarded a 10-year contract with the City of Dallas, Texas, for an upgrade of the city's enterprise resource planning (ERP) systems to the latest version of CGI Advantage®, a cloud-based solution that integrates financial, vendor self-service, personnel and performance data in a modern, unified platform. The upgrade will introduce new features and modules including Travel, Grants Lifecycle Management, and Performance Budgeting. CGI will implement new technologies including the data visualization tool, CGI Advantage Insight, automated testing, a unique user interface with advanced automation, and additional features including grants life cycle management and performance budgeting. This partnership aims to advance the ongoing transformation of vital city systems into a digital, cloud-based enterprise, representing one of the most innovative solutions and strongest possible cyber-security defenses on behalf of the people it serves.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
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CGI files 2023 Annual Disclosure Documents
Rhea-AI Summary
CGI (TSX: GIB.A) (NYSE: GIB) has filed its Management Proxy Circular for its Annual General Meeting of Shareholders to be held virtually on January 31, 2024. The company also filed its 2023 Annual Information Form with the Canadian securities regulators and the U.S. Securities and Exchange Commission as part of its Annual Report on Form 40-F, which includes its previously-filed Fiscal 2023 Results. CGI's annual filings and relevant materials are available on its website. The company uses the Notice and Access rules to reduce paper distribution for the Annual General Meeting of Shareholders.
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CGI and Google Cloud launch the United Nations Industrial Development Organization Sustainability Planet Platform
Rhea-AI Summary
CGI (NYSE: GIB) (TSX: GIB.A) forms partnership with undisclosed company
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
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CGI Federal & All In Solutions form Adcredo IT Solutions, a joint venture to serve federal agencies through managed services, AI and advanced data analytics
Rhea-AI Summary
CGI Federal Inc. (NYSE: GIB) (TSX: GIB.A) announced a partnership with All In Solutions LLC to form Adcredo IT Solutions, a joint venture focusing on delivering mission-focused IT solutions for federal civilian and defense missions. The joint venture combines CGI's federal experience and system application expertise with All In Solutions' capabilities to support agencies like the Department of Veterans Affairs in providing state-of-the-art outcomes to our nation's Veterans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
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AI
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CGI All Payments solution available in Amazon Web Services Marketplace for cloud-enabled payments modernization
Rhea-AI Summary
CGI (NYSE: GIB) (TSX: GIB.A) launches CGI All Payments, a cloud-ready enterprise payments solution, on the Amazon Web Services (AWS) Marketplace. The solution offers modernization and innovation, streamlines deployment and management, and is scalable and deployable across multiple IT ecosystems. CGI All Payments is API-enabled, built to ISO 20022 standards, and used by global financial services clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
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CGI joins Microsoft Intelligent Security Association (MISA)
Rhea-AI Summary
CGI (NYSE: GIB) (TSX: GIB.A) joins Microsoft Intelligent Security Association, enhancing security solutions for clients. CGI's collaboration with MISA provides access to Microsoft's security product portfolio, offering comprehensive security and advanced integration capabilities. This partnership aims to enable clients in their digital transformation journey, reinventing and securing their businesses for the future through innovative cybersecurity services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
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U.S. Strategic Command selects CGI for advanced data integration services
Rhea-AI Summary
CGI Inc. (NYSE: GIB) (TSX: GIB.A) subsidiary CGI Federal Inc. has been awarded a 5-year contract from U.S. Strategic Command (USSTRATCOM) to develop and maintain data integration hardware, systems, and software. This collaboration aims to enhance USSTRATCOM's operations and support the U.S. Department of Defense's IT strategy, with CGI deploying solutions at Offutt Air Force Base in Nebraska.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
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CGI reports strong fourth quarter and Fiscal 2023 results
Rhea-AI Summary
CGI (TSX: GIB.A) (NYSE: GIB) reported a Q4-F2023 revenue increase of 8.0% year-over-year, reaching $3.51 billion, with diluted EPS up 16.6% to $1.76. The company also achieved a F2023 revenue growth of 11.1% year-over-year, reaching $14.30 billion, and a diluted EPS increase of 13.6% to $6.86. These results were driven by a 26% increase in new CGI managed services bookings and a book-to-bill ratio of 113.9% in Q4-F2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.49%
Tags
earnings
Stock GIB logo
CGI Inc

NYSE:GIB

GIB Rankings

#432 Ranked by Market Cap
#1032 Ranked by Stock Gains
N/A Ranked by Dividends

GIB Stock Data

24.76B
184.10M
0.78%
68.81%
0.35%
Marketing Consulting Services
Professional, Scientific, and Technical Services
Link
Canada
Montreal

About GIB

about us: with 65,000 professionals in 40 countries, cgi is a leading it and business process services provider focused on being a partner, employer and investment of choice. à propos de cgi – regroupant 65 000 professionnels dans 40 pays, cgi se classe parmi les plus importants fournisseurs de services en ti et en gestion des processus d'affaires et s’engage à être un partenaire, un employeur et un investissement de choix.