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Benzinga's Top Downgrades
Wednesday, May 25, 2011 - 8:16am | 134Analysts at Nomura downgraded Vodafone Group Plc (NASDAQ: VOD) from “buy” to “neutral.” VOD's shares closed at $27.55 yesterday. Vodafone's PEG ratio is 3.42. Bank of America downgraded Knight Transportation Inc (NYSE: KNX) from “buy” to “neutral.” KNX's shares closed at $16.92 yesterday. Knight...
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Goldman Downgrades Sapient To Neutral, $15 PT
Wednesday, May 25, 2011 - 6:42am | 24Goldman Sachs has downgraded Sapient (NASDAQ: SAPE) from Buy to Neutral and maintains its $15 price target.
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Dr. David Heimbrook Appointed Chief Executive Officer of SAIC-Frederick
Tuesday, May 24, 2011 - 4:09pm | 152Science Applications International Corporation (NYSE: SAI) announced today the appointment of Dr. David Heimbrook as chief executive officer of SAIC-Frederick, Inc., a wholly owned subsidiary of SAIC, effective May 31. Heimbrook will succeed Dr. Larry Arthur, who has served as CEO since 2000 and...
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CGI Awarded US$5.7 Million Contract to Advance the CONNECT Nationwide Health Information Exchange Gateway
Tuesday, May 24, 2011 - 9:26am | 207The Federal Health Architecture, under management of the Office of the National Coordinator for Health Information Technology in the US Department of Health and Human Services (HHS), has awarded CGI Federal Inc (NYSE: GIB), a one base year contract worth US$5.7 million. The contract includes four...
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Computer Sciences Earnings Preview
Tuesday, May 24, 2011 - 9:19am | 294Computer Sciences (NYSE: CSC) will be reporting its fiscal fourth-quarter 2011 results Wednesday, May 25, after the closing bell. Analysts are looking for the technology services provider to post earnings of $1.16 per share on revenue of $4.2 billion. That compares to $1.66 per share and $4.2...
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SAIC Awarded Contract to Support U.S. Air Force Operational Test and Evaluation Center Worth Up to $85M
Monday, May 23, 2011 - 7:51am | 104Science Applications International Corporation (NYSE: SAI) announced today it was awarded a prime contract by the U.S. Air Force to provide fighter operational test and evaluation services in support of the Air Force Operational Test and Evaluation Center. The single award, indefinite-delivery/...
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SAIC Awarded $53 Million Contract to Support the TRICARE® Military Health System
Thursday, May 19, 2011 - 4:07pm | 189Science Applications International Corporation (NYSE: SAI) announced today it was awarded a prime contract by the Department of Defense to provide information technology services and electronic health record systems support to the TRICARE® Management Activity Military Health System. The contract...
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MAXIMUS Awarded $21 Million Child Welfare Contract Rebid in Wisconsin
Thursday, May 19, 2011 - 7:11am | 141MAXIMUS (NYSE: MMS), a leading provider of government services worldwide, announced today that its Human Services North America Division has won a renewal of its Title IV-E Foster Care and Adoption Assistance contract with the Wisconsin Department of Children and Families. The six-year contract...
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Wipro Reaffirms Position as World's Top Third Party R&D Service Provider
Wednesday, May 18, 2011 - 10:00am | 169Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT), today reaffirmed its leadership position as the Number One third party ‘Global R&D Service Provider' in a 2011 report released by Zinnov Management Consulting Pvt. Ltd, a...
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Stifel Nicolaus Raises PT To $25 On SFE In Morning Summary
Wednesday, May 18, 2011 - 8:44am | 162Stifel Nicolaus has raised its price target from $23 to $25 on Safeguard Scientifics (NYSE: SFE) and is maintaining its Buy rating on the stock. Says Stifel Nicolaus, in the summary, “Safeguard Scientifics (SFE, Buy) has announced that Advanced BioHealing (ABH) has been acquired by Shire...
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CGI Awarded US$34 Million Task Order by the Environmental Protection Agency
Wednesday, May 18, 2011 - 8:33am | 54The U.S. Environmental Protection Agency has awarded CGI Federal, a wholly-owned U.S. operating subsidiary of CGI Group, Inc. (NYSE: GIB), a US$34 million Network Security and Operations time and materials task order under the multi-vendor, seven-year, US$955 million, ITS-EPA II Program Blanket...
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SAIC Awarded Modeling and Simulation Contract by U.S. Army Forces Command
Wednesday, May 18, 2011 - 8:10am | 92Science Applications International Corporation (NYSE: SAI) announced today it was awarded a follow-on contract by the Department of the Army Mission and Installation Contracting Command Center, Fort McPherson, Georgia to support the U.S. Army Forces Command (by providing planning, modeling,...
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Safeguard Scientifics Partner Company Advanced BioHealing to Be Acquired by Shire for $750M
Tuesday, May 17, 2011 - 5:04pm | 101Safeguard Scientifics, Inc. (NYSE: SFE) today announced that life sciences partner company Advanced BioHealing, Inc. has signed a definitive agreement to be acquired by Shire plc (NASDAQ: SHPGY). Shire has agreed to pay $750 million, in cash, for ABH in a transaction that is expected to close...
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Morning Market Losers (PTX, DGICB, RMKR, KV-A)
Tuesday, May 17, 2011 - 9:57am | 115Pernix Therapeutics Holdings Inc (AMEX: PTX) shares moved down 20.83% to $9.50 at 9:55 am. PTX reported its Q1 net income at $1.0 million, down from $5.3 million, in the year-ago quarter. Donegal Group Inc (NASDAQ: DGICB) fell 17.94% to $13.91. DGICB's trailing-twelve-month ROE is 3.50%....
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CGI Announces US$49 Million Contract Ceiling Increase Supporting the Space and Naval Warfare Systems
Tuesday, May 17, 2011 - 8:32am | 79The Space and Naval Warfare Systems Center Atlantic, has issued CGI Federal Inc., a wholly-owned U.S. operating subsidiary of CGI Group Inc. (NYSE: GIB), a US$49 million contract modification for a ceiling increase on its indefinite-delivery indefinite-quantity Mission Module Integration contract...