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Command Center net income down amid switch
November 6, 2007Command Center Inc. (OTCBB: CCNI.OB) reported third-quarter net income of $444,342, down 36.1% from net income of $695,044 in the third quarter of 2006. However, the company said it switched from a franchisor of staffing offices to an owner-operator and its third-quarter results aren't comparable with...
Analysts International loss narrows
November 6, 2007The third-quarter net loss narrowed at Analysts International Corp. (NASD: ANLY). The information technology staffing and solutions company posted a loss $448,000 for the third quarter ended Sept. 29, compared with a loss of $522,000 in the third quarter of 2006.
Analysts International's third-quarter...
Cross Country revenue, profit rise
November 6, 2007Cross Country Healthcare Inc. (NASD: CCRN) reported a 14% increase in revenue. The healthcare staffing company posted revenue of $185.1 million, up from $162.9 million in the same period last year.
Third-quarter net income was $7.0 million, up from $122,000 in the third quarter of 2006. Cross Country...
Korn/Ferry to repurchase $50 million more shares
November 5, 2007Korn/Ferry International Inc. (NYSE: KFY) said it will repurchase up to $50 million more of its shares. The Los Angeles-based search firm had previously approved $125 million in share repurchases. "Given our confidence in the firm's growth prospects and strong cash flows, we believe the repurchase of...
Service-sector index improves
November 5, 2007Economic growth in the service sector picked up in October, according to the Institute for Supply Management's report on the service sector released today. The non-manufacturing business activity index rose to 55.8 in October from 54.8 in September. The service sector's employment index, however, fell...
Harvey Nash buys U.S. IT solutions firm
November 5, 2007London-based Harvey Nash Group PLC is buying a 49.9% stake in
Research from Staffing Industry Analysts
November 5, 2007Here is a list of research reports and citations to other research released last week by Staffing Industry Analysts.
BRIEFING October BLS Employment Bulletin
Temp employment bottoming out; Nonfarm employment improves again; Direct placement growth remains tepid; PEOs see new low again. For more,...
Spherion's worker confidence index falls
November 5, 2007Spherion Corp.'s (NYSE: SFN) employee confidence index fell 0.3 points to 56.4 in October, it's lowest reading of the year. In October 17% of workers believed the economy was getting stronger, compared with 18% in September. The percent of workers who feel confident in the future of their current employer...
Gevity profit falls 74.3%
November 5, 2007Third-quarter net income fell 74.3% at Gevity HR Inc. (NASD: GVHR). The Bradenton FL-based professional employer organization reported profit of $2.5 million in the quarter, down from $9.6 million in the same period last year.
Gevity said its sales efforts weren't enough to overcome client attrition...
Economic gauge contracts
November 2, 2007The growth rate for the Economic Cycle Research Institute's forward-looking gauge of the