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Accountabilities changes name, structure

February 25, 2010

Accountabilities Inc. (OTCBB: ACBT.OB) is now Corporate Resource Services Inc. The company announced it reorganized into a holding company with Accountabilities as a wholly owned subsidiary. Corporate Resource Services plans to apply for a new ticker symbol for trading on the over-the-counter bu...

ASA staffing index rises from year ago

February 24, 2010

Staffing employment in February was 10% higher than the same month last year, according to the American Staffing Association's staffing index. The index rose to a level of 80 in February from a level of 73 in February 2009. The index is also up from January's reading of 79. The index measures ch...

Blog: Time limits for temps

February 24, 2010

More than half of staffing buyers still have limits on the length of temp assignments. Staffing Industry Analysts' VP of Research Jon Osborne ponders why this is the case in The Contingent Blog. For the full blog, click here.

InVentiv's clinical segment revenue down 6%

February 24, 2010

InVentiv Health Inc. (NASD: VITIV) said fourth-quarter revenue fell 5.9% in its clinical segment -- which includes clinical research staffing and outsourcing -- to $51.3 million from $54.5 million in the fourth quarter of 2008. The company said demand for staffing fell, but that was partially of...

International: Skilled revenue falls 21%

February 24, 2010

Skilled Group Ltd., the largest Australian staffing firm, reported revenue fell 20.9% to AUS$844.5 million (US$754.1 million) in the first half of its fiscal year ended Dec. 31, 2009, from AUS$1.07 billion the first half of the previous year. Profit from continuing operations fell 79.0% to AUS$4...

CTG revenue falls 19%

February 24, 2010

Computer Task Group Inc. reported fourth-quarter revenue fell 18.8% on a year-over-year basis to $67.7 million. The Buffalo NY-based information technology staffing firm, said fourth-quarter staffing revenue fell by 18.3% to $45.2 million. Fourth-quarter gross margin narrowed to 22.2% from 22.4%...

Court says recruiters aren't exempt

February 24, 2010

A California appeals court ruled that staffing firm recruiters are not exempt from overtime under California law. The February issue of the Legs & Reg Advisor, available for corporate members has more details on the case. Other items in the February issue of the Legs & Reg Advisor include: -Rhod...

Ciber fourth-quarter revenue falls 6%

February 23, 2010

Fourth-quarter revenue fell 6.2% on a year-over-year basis to $262.3 million at information technology solutions and staffing company Ciber Inc. (NYSE: CBR). The Greenwood Village CO-based company's fourth-quarter net income fell 54.3% to $2.5 million from $5.5 million in the year-ago quarter. F...

CDI revenue falls 14%

February 23, 2010

CDI Corp. (NYSE: CDI) reported fourth-quarter revenue fell 14.1% to $217.2 million from $253.6 million in the same period in the previous year. The company reported a fourth-quarter net loss of $6.9 million, and said the quarter included a $4.3 million charge after an investigation by the U.S. D...

Emerald buys American Nursing Services

February 23, 2010

Emerald Health Services acquired American Nursing Services Inc., a healthcare staffing firm based in New Orleans. American Nursing Services was founded in 1982 and has approximately 20 offices nationwide. "Our acquisition of American Nursing Services, which includes a strong presence in several...