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CIBER posts 23% growth 3Q income

October 24, 2007

IT staffing and solutions firm CIBER Inc. (NYSE: CBR) recorded a 23% improvement in net income year-over-year for the quarter ended Sept. 30. The company generated net income of $7.5 million. Revenue was $265.7 million, an increase of 8%.

"Our third quarter results overall exceeded our revenue expectations...


Wipro earnings up 17% in 3Q

October 23, 2007

IT services and offshore outsourcing specialist Wipro Ltd. (NYSE: WIT) recorded a jump of 17% in net income for the quarter ended Sept. 30. The company reported net income of $204 million on total revenue of $1.19 billion. Revenue were up 35% from the same quarter in 2006.

The company's Global IT Services...


Kelly 3Q net income drops 15%

October 23, 2007

Kelly Services Inc. (NASD: KELYA) reported a drop of 15% in net income for the third quarter ended Sept. 30. The company posted earnings of $15.1 million for the quarter, down from $17.8 million from the same period in 2006. Revenue for the quarter totaled $1.425 billion, a 2% increase compared to the...


Finance and accounting salaries on the rise

October 23, 2007

Starting salaries for accounting and finance professionals are expected to increase an average of 4.3% in the coming year, according to the 2008 Salary Guide from Robert Half International. Public accountants, financial analysts and internal auditors are projected to see the largest gains.

"Competition...


People - Heidrick & Struggles

October 23, 2007

Heidrick & Struggles International Inc., (NASD: HSII) announced that Laurent Longin has joined as a principal with its Industrial Practice team, based in Chicago. This is Longin's second tenure with Heidrick & Struggles. Longin left Heidrick & Struggles in 2005 to work with Owens Corning, where he...


New York County has highest average weekly wage

October 22, 2007

New York County NY posted the highest average weekly wage of U.S. counties at $2,821 in the first quarter of 2007, the U.S. Bureau of Labor Statistics reported last week. It was followed by Fairfield County CT at $1,979 and Suffolk County MA at $1,659.

The county with the lowest average weekly wage...


Credit crunch, housing woes drag economy

October 22, 2007

Tightening credit and housing market woes are weighing on the economy, according to the National Association for Business Economics' industry survey of its members. Still, the survey found that skilled labor continued to be in short supply. One-third of respondents cited skilled labor as a shortage in...


Hiring expectations rise in Asia

October 22, 2007

Hiring expectations rose in Asian markets with the exception of Singapore where expectations remained steady, according to the Hudson Highland Group Inc. (NASD: HHGP).

In China, 64% of survey respondents planned to increase headcount in the fourth quarter, up form 60% in the prior quarter. In Hong...


Research from Staffing Industry Analysts

October 22, 2007

Here is a list of research reports released last week by Staffing Industry Analysts. Click on headline for the full list.

INSIGHT - Information Technology Staffing Profile and Prospects

This Insight delves into the size of the IT staffing market, gross margins, our forecast for growth in this segment,...


Kelly buys German firm

October 22, 2007

Kelly Services Inc. (NASD: KELYA) has signed a definitive agreement to acquire access AG, a recruitment services company headquartered in Germany and with operations in Austria. The acquisition is expected to close by year-end. Estimated full year 2007 revenue is about $15 million.

Established in 1991,...