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Stock impact report

Companies are ditching business with ICE [CNN]

CAPGEMINI SE UNSP/ADR (CGEMY) 
NASDAQ:AMEX Investor Relations: investors.capgemini.com
Company Research Source: CNN
Capgemini, a major French consulting and information technology company, said Sunday it will sell a US division that does business with Immigration and Customs Enforcement. Like other businesses with links to ICE, Capgemini has come under scrutiny as criticism mounts over the agency's heavy-handed enforcement tactics. Jim Pattison Developments, a real estate company, and Hootsuite, a social media company, are two Canadian businesses that have faced public pressure for their links to ICE. Anti-ICE marches were held in several major US cities over the weekend in response to the Trump administration's crackdown on undocumented immigrants, which has resulted in the fatal shootings of two US citizens by ICE agents in Minneapolis. Capgemini's decision follows revelations that the Department of Homeland Security had awarded the US division in question a $4.8 million contract in mid-December to provide ICE with “skip tracing services.” Skip tracing is the process of locating people who Show less Read more
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