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MPS lowers third-quarter revenue estimate

October 15, 2008

MPS Group Inc. (NYSE: MPS) cut its revenue estimate. The Jacksonville FL-based professional staffing firm said it will report third-quarter revenue of between $575 million to $580 million, compared with an earlier estimate of between $580 million and $600 million. MPS said its Badenoch & Clark di...

Korn/Ferry buys executive coaching firm

October 15, 2008

Korn/Ferry International Inc. (NYSE: KFY) agreed to acquire Lore International Institute Inc., a provider of executive coaching and leadership development services that has offices in Durango CO and Zurich, Switzerland. Terms were not disclosed. The deal is set to close in 30 days and add to Korn...

Staffing cited as good way to make a million

October 15, 2008

A recent article on Entrepreneur.com cited several businesses where entrepreneurs stand a good chance of making a million dollars. Staffing Industry Report Senior Editor Craig Johnson comments on the article in The Contingent Blog. Click here for more.

Fullcast sells software subsidiary

October 15, 2008

Tokyo-based Fullcast Holdings Co. Ltd. said Tuesday it's selling its 61% stake in its Asia Pacific System Research Co. Ltd. subsidiary, which provides software services, to Canon Electronics Inc. Fullcast said the move comes as it focuses on its staffing business and shifts to a longer-term worke...

Heidrick lowers 2008 net revenue estimate

October 14, 2008

Heidrick & Struggles International Inc. (NASD: HSII), an executive search firm, lowered its estimate for year-end net revenue to $630 million from between $650 million and $660 million. "We are all acutely aware of the challenging, and in many respects unprecedented, economic environment in which...

People - NAPEO, Judge, Hays

October 14, 2008

The National Association of Professional Employer Organizations said Robert Adams was elected president. Adams is also chairman of the board for Adams Keegan Inc., a Memphis-based PEO and staffing firm. The Judge Group, a Philadelphia-based staffing firm, named James Klauber to lead its western U...

Research from Staffing Industry Analysts

October 14, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - Staffing buyer survey: contingent workforce growth, usage rates and reasons for using contingent labor *First installment of 2008 staffing buyer survey results*Contingent growth and usage; trends by segment/sector*Types of con...

Roth names new president, COO

October 14, 2008

Roth Staffing Companies LP named Adam Roth as president and chief operating officer. Roth oversees the company's three staffing divisions: Ultimate Staffing Services, Ledgent and Adams & Martin Group. Roth established the company's Adams & Martin Group legal staffing division, serving as its pres...

CIBER says revenue within range

October 14, 2008

CIBER Inc. (NYSE: CBR) said it expects third-quarter revenue of $300 million, in the range of its estimate of $300 million to $310 million. The company said the strength of the U.S. dollar reduced results of foreign operations. CIBER also said its acquisition of Iteamic Pvt. Ltd., an information...

Barrett taking $3.5 million non-cash charge

October 13, 2008

Barrett Business Services Inc. said it will record a non-cash charge of $3.5 million in the third quarter because of an investment in four closed-end bond funds. The bonds represent an original investment of $4.0 million, but company management reported that because of the capital market's woes,...