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Contract watch: PeopleScout

November 2, 2009

PeopleScout, the recruitment process outsourcing division of SeatonCorp, announced a contract with Covance Inc., to provide RPO services at sites across four continents. Covance is a Princeton NJ-based drug development company with annual revenue of more than $1.7 billion. PeopleScout will provi...


Contract watch: Kelly Services

November 2, 2009

Kelly Services Inc. (NASD: KELYA) said a joint venture of which it is part -- called the imPACTS Team -- received two indefinite delivery/indefinite quantity contracts from the U.S. Department of Homeland Security's Program Management, Administrative, Clerical and Technical Solutions (PACTS) pro...


FedEx: IRS team withdraws call for assessment

November 2, 2009

FedEx Corp. said Friday an Internal Revenue Service audit team now says the company won't have to pay a tax assessment in regard to FedEx Ground's independent contractors for the 2002 calendar year. FedEx reported in September that the IRS was considering charging the company $14 million in taxe...


Source2 revenue slips, but margin improves

November 2, 2009

Source2, an Orlando FL-based staffing firm, reported third-quarter revenue fell 20.5% to $2.7 million on a year-over-year basis. However, third-quarter gross margin improved to 25.7% from 20.5% in the same period last year. In addition, the company reported third-quarter net income of $32,152, u...


FedEx: IRS team withdraws call for assessment

November 2, 2009

FedEx Corp. said Friday an Internal Revenue Service audit team now says the company won't have to pay a tax assessment in regard to FedEx Ground's independent contractors for the 2002 calendar year. FedEx reported in September that the IRS was considering charging the company $14 million in taxe...


Manufacturing expands, temps called back

November 2, 2009

The U.S. manufacturing sector expanded in October at a faster rate than in September, according to the Institute for Supply Management's key purchasing managers' index for manufacturing released today. In addition, manufacturing employment expanded after 14 months of decline with to temporary wo...


Online job ads fall in October

November 2, 2009

The number of U.S. jobs advertised online fell by 83,200 in October to approximately 3.3 million, according to The Conference Board's measure of online help-wanted ads released today. "The September and October numbers are a further indication that, thus far, the recovery is weak," said Gad Leva...


Manufacturing expands, temps called back

November 2, 2009

The U.S. manufacturing sector expanded in October at a faster rate than in September, according to the Institute for Supply Management's key purchasing managers' index for manufacturing released today. In addition, manufacturing employment expanded after 14 months of decline with to temporary wo...


Accountabilities CFO to step down

November 2, 2009

Accountabilities Inc. (OTCBB: ACBT.OB), a Manalapan NJ-based staffing firm, reported its CFO is stepping down, according to a filing with the U.S. Securities and Exchange Commission. CFO Stephen DelVecchia and the company mutually agreed that he would give up the role after certain tasks are com...


Online job ads fall in October

November 2, 2009

The number of U.S. jobs advertised online fell by 83,200 in October to approximately 3.3 million, according to The Conference Board's measure of online help-wanted ads released today. "The September and October numbers are a further indication that, thus far, the recovery is weak," said Gad Leva...