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Canadian General Investments: Investment Update - Unaudited

Retrieved on:

Wednesday, April 3, 2024

TORONTO, Canada, April 03, 2024 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at March 31, 2024 was $62.80, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 13.4% and 22.2%, respectively.

Key Points:

TORONTO, Canada, April 03, 2024 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at March 31, 2024 was $62.80, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 13.4% and 22.2%, respectively.
These compare with the 6.6% and 14.0% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.
The Company employs a leveraging strategy, by way of bank borrowing, with the intent to enhance returns to common shareholders.
The sector weightings of CGI’s investment portfolio at market as of March 31, 2024 were as follows:

U.S. Public Sector Adapts to Change by Modernizing HCM

Retrieved on:

Wednesday, March 13, 2024

“New HCM platforms provide real-time access to data, which can help agencies increase accountability and public trust.”

Key Points:

“New HCM platforms provide real-time access to data, which can help agencies increase accountability and public trust.”
The report also explores other HCM trends in the U.S. public sector, including the rising importance of remote workforce management and mobile access to HR data for employees and administrators.
For more insights into the HCM challenges facing the U.S. public sector, including talent shortages and diversity mandates, and ISG’s advice for addressing them, see the ISG Provider Lens™ Focal Points briefing here .
The 2023 ISG Provider Lens™ HCM Technology Platforms report for the U.S. Public Sector evaluates the capabilities of 36 providers across three quadrants: Core HCM Platforms Plus Talent Management, Payroll Management Solutions and Recruiting and Retention Solutions.
The 2023 ISG Provider Lens™ HCM Technology Platforms report for the U.S. Public Sector is available to subscribers or for one-time purchase on this webpage .

Nevada to transform state ERP systems with cloud-based CGI Advantage® solution

Retrieved on:

Thursday, April 4, 2024

Automation, CGI, Software as a service, Partnership, ERP, GIB, Senior, TSX, State government, Government, Management

Extending a 30-year partnership with the state, CGI will deploy a built-for-government solution to help the state transform their operations.

Key Points:

Extending a 30-year partnership with the state, CGI will deploy a built-for-government solution to help the state transform their operations.
"CORE.NV's vision is to build an integrated, statewide Enterprise Resource Planning solution for our State Financial and Human Resource systems, based upon CGI Advantage.
This new solution will expand functionality, increase responsiveness, and enable our State to quickly adapt to a rapidly approaching future," said State of Nevada OPM Director, Brian Bowles.
The CGI Advantage solution for Nevada features a secure design and a responsive user experience.

CGI partners with MOSL to enable continued innovation for the retail water market in England

Retrieved on:

Wednesday, April 3, 2024

Water, GIB, Central Market, Collection, TSX, CGI, CMOS, Public utility, Cryptocurrency

The contract is valued at $18.7 million (£11.5 million).

Key Points:

The contract is valued at $18.7 million (£11.5 million).
Simon Powell, Chief Information Officer at MOSL said, "By working closely with CGI, we will be able to drive both efficiency and innovation while continuing to provide a reliable service that delivers value for money for both retailers and wholesalers.
Partnering with CGI we will continue to deliver a well-functioning market whilst developing the capabilities for the future."
Additionally, the platform enables MOSL to enhance customer service and provide more choice for business customers.

CGI appointed as Strategic Delivery Partner to UK Cabinet Office for digital transformation

Retrieved on:

Wednesday, March 27, 2024

Cabinet, Digital, Government, CGI, Growth, GIB, Woman, TSX, Veteran, Ecosystem, Cabinet Office, Video game

LONDON, March 27, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has been selected by the UK Government's Cabinet Office as a Strategic Delivery Partner for the Cabinet Office Digital (CO Digital) department.

Key Points:

LONDON, March 27, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has been selected by the UK Government's Cabinet Office as a Strategic Delivery Partner for the Cabinet Office Digital (CO Digital) department.
Under the contract, CGI will partner with the CO Digital function to deliver a range of digital, data and technology services and products in support of Cabinet Office Business Units, enabling their digital transformation.
Michael Hill, Chief Digital Information Officer for the Cabinet Office said, "We are looking forward to working with CGI and its ecosystem partners as our Strategic Delivery Partner.
We look forward to growing our relationship with CO Digital as their Strategic Delivery Partner, and helping them to drive consistency, innovation and value, while facilitating the growth of digital capabilities for the Cabinet Office as a whole."

Academy Award® Winner Matthew McConaughey Narrates MacGillivray Freeman's 3D Documentary for IMAX® and Giant Screen Theaters "Superhuman Body: World of Medical Marvels"

Retrieved on:

Tuesday, March 26, 2024

LOS ANGELES, March 26, 2024 /PRNewswire/ -- MacGillivray Freeman Films is pleased to announce that Academy Award®-winning actor Matthew McConaughey will narrate the company's newest 3D giant screen film, Superhuman Body: World of Medical Marvels, for release in select IMAX® and giant screen theatres starting April 12, 2024.

Key Points:

LOS ANGELES, March 26, 2024 /PRNewswire/ -- MacGillivray Freeman Films is pleased to announce that Academy Award®-winning actor Matthew McConaughey will narrate the company's newest 3D giant screen film, Superhuman Body: World of Medical Marvels, for release in select IMAX® and giant screen theatres starting April 12, 2024.
Matthew McConaughey narrates "Superhuman Body: World of Medical Marvels" -- hitting IMAX and giant screens April 12!
This film will inspire you, move you, empower you, and you'll be amazed by what your superhuman body can do."
"We are delighted to have the talented Matthew McConaughey add his distinctive voice to the project."

Alithya welcomes Ines Gbegan to its Board of Directors

Retrieved on:

Thursday, March 21, 2024

Master, CGI, Risk management, Business administration, Chartered, Strategic planning, Acquisition, Specialization, HEC, TSX, PwC, Treasury, Ines, Multimedia, Management

MONTREAL, March 21, 2024 /PRNewswire/ - The Board of Directors of Alithya Group Inc. (TSX: ALYA) ("Alithya") today announced the appointment of Ines Gbegan as an independent director, increasing the total number of directors serving on Alithya's board to nine.

Key Points:

MONTREAL, March 21, 2024 /PRNewswire/ - The Board of Directors of Alithya Group Inc. (TSX: ALYA) ("Alithya") today announced the appointment of Ines Gbegan as an independent director, increasing the total number of directors serving on Alithya's board to nine.
Ines Gbegan has accumulated more than 15 years of Chartered Accountant experience in audits, corporate accounting, and financial reporting.
Ms. Gbegan also plays an active role in the company's strategic planning process, comprising, among other things, acquisitions, due diligence, and post-acquisition implementation.
Quote from Pierre Turcotte, Chairman of the Board of Directors, Alithya:
"We are delighted to have Ines Gbegan join us as a member of the board of Alithya, bringing with her a wealth of expertise in both the professional services and healthcare sectors.

Lufax Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on:

Thursday, March 21, 2024

CGI, Growth, Risk, Complex, ADS, Credit, DPD, Development, SBO, Calendar, NPL, Bank

For the fourth quarter of 2023, the Company's retail credit enablement business take rate[1] based on loan balance was 7.9%, as compared to 7.7% for the fourth quarter of 2022.

Key Points:

For the fourth quarter of 2023, the Company's retail credit enablement business take rate[1] based on loan balance was 7.9%, as compared to 7.7% for the fourth quarter of 2022.
C-M3 flow rate[2] for the total loans the Company had enabled was 1.2% in the fourth quarter of 2023, compared to 1.1% the third quarter of 2023.
Flow rates for the general unsecured loans and secured loans the Company had enabled were 1.4% and 0.8% respectively in the fourth quarter of 2023, as compared to 1.2% and 0.7% respectively in the third quarter of 2023.
Mr. YongSuk Cho, Chairman and Chief Executive Officer of Lufax, commented, "Complex macro conditions continued to impact SBOs during the fourth quarter.

CGI selected by Centers for Medicare & Medicaid Services to improve Medicare access for more than 65 million beneficiaries nationwide

Retrieved on:

Tuesday, March 19, 2024

Automation, HPMS, CGI, Information technology, MAPD, CGI Inc., GIB, Medicare Part D, TSX, Medicare, Consultant, CMS, Medicare Advantage, Lead, Risk management

The contract includes a 1-year base period, as well as four 1-year option periods, for a total contract value of US$72M.

Key Points:

The contract includes a 1-year base period, as well as four 1-year option periods, for a total contract value of US$72M.
CGI also will apply new and advanced technologies to help meet increasing stakeholder expectations and enhance cybersecurity to address new threat vectors.
With more than 70 software modules of varying sizes and complexity, HPMS supports critical functions impacting 65 million Medicare beneficiaries enrolling into MAPD health plans.
"CGI understands the current challenges in operationalizing data for the Medicare, Medicaid, and healthcare marketplace communities," said Steve Sousa, CGI Senior Vice-President & Health and Social Services Business Unit lead.

Global Mofy Metaverse Announces New Subsidiary for AI Technology Monetization and Synthetic Video Content Creation

Retrieved on:

Monday, March 11, 2024

Metaverse, Algorithm, AI, Intelligence, Database, GMM, CGI, Machine learning, Video game

BEIJING, March 11, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or "Global Mofy Metaverse") (Nasdaq: GMM), a technology solutions provider engaged in virtual content production and the development of digital assets for use in the broader digital entertainment industry, today announced the establishment of a new subsidiary, Gauss AI, which will focus on the monetization of artificial intelligence generated content (AIGC), AI-generated 3D digital assets and synthetic video content creation.

Key Points:

BEIJING, March 11, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or "Global Mofy Metaverse") (Nasdaq: GMM), a technology solutions provider engaged in virtual content production and the development of digital assets for use in the broader digital entertainment industry, today announced the establishment of a new subsidiary, Gauss AI, which will focus on the monetization of artificial intelligence generated content (AIGC), AI-generated 3D digital assets and synthetic video content creation.
Gauss AI, the new subsidiary of Global Mofy Metaverse, will specialize in providing advanced AI solutions to customers, fostering content creation by focusing on helping customers achieve greater efficiency, intelligence, and innovation at a reduced cost.
Its main services will include the development of AI content creation and management systems, as well as synthetic video creation.
Mr. Haogang Yang, CEO of Global Mofy Metaverse, stated, “Customers are trying to come to terms with the challenges and changes AI is bringing to the digital entertainment and content creation industries.