City of Munich selects CGI to advance digital government services and technological sovereignty

CGI reported Q3 fiscal 2026 results. Revenue rose 2.5% to $4.19 billion (1.3% in constant currency). Diluted EPS increased 22.5% to $2.23, with net earnings up 13.8% to $465.2 million. Bookings were $4.20 billion and backlog $31.79 billion. The company declared a $0.17 quarterly dividend and reported $604.5 million operating cash flow.

CGI Inc. said it agreed to acquire Telia’s cloud and IT end-user services in Finland and form a strategic partnership with Telia. About 250 Telia employees will transfer to CGI, and the deal excludes Telia’s Helsinki Datacenter; terms were not disclosed and are subject to regulatory approval. CGI said it will expand Nordics data center capacity and offer high-security, hybrid and public cloud services.

Albertsons Companies said it is voluntarily recalling four ready-to-eat products containing jalapeños supplied by Taylor Farms, including items sold at Randalls in Texas. The recall followed a supplier recall tied to an ongoing federal investigation and an FDA probe of a Salmonella Javiana outbreak. FDA reported 345 illnesses in 27 states, 36 hospitalizations, no deaths.

U.S. health authorities are investigating a Salmonella outbreak linked to Mexican jalapeño peppers. The CDC and FDA say 345 people are ill across 27 states, with 36 hospitalizations and no deaths. The supplier, Coast Citrus Distributors, recalled peppers sent to restaurants including Chipotle and QDOBA. Chipotle removed jalapeños from some outlets and shares fell over 8% on Aug. 4.

Realty Income (NYSE: O) says it began investing in data centers in late 2023 via a build-to-suit JV with Digital Realty, buying an 80% stake in an up to 48 MW facility. It also formed a hyperscale JV with Cloud Capital, targeting up to $1.4B investment for a 45% stake. Realty Income raised 2024 AFFO guidance to $4.44-$4.45/share and investment outlook to $10B.

Bloomberg reported the US Army plans to buy at least $400 million of AeroVironment counter-drone laser systems, citing a person familiar with the deal. The order would include dozens of LOCUST units that use AI to detect and track small to medium drones and then engage them with a high-energy laser. AeroVironment’s stock rose about 8% on Friday.