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Pomeroy staffing revenue falls 77%

May 19, 2009

Pomeroy IT Solutions Inc. (NASD: PMRY) announced technical staffing revenue fell 76.6% year-over-year to $7.6 million in its fiscal first quarter ended April 5. The Hebron KY-based information technology services and staffing firm, said the decline came as the result of the nonrenewal of a contra...


Arcadia sells industrial staffing business

May 19, 2009

Arcadia Resources Inc. (AMEX: KAD) announced today it sold its industrial staffing business with the deal to close May 29. The buyer was Employment Plus Inc. of Bloomington IN. The Indianapolis-based company also sold its home health equipment business in two other deals. The sales of both the...


Pomeroy staffing revenue falls 77%

May 19, 2009

Pomeroy IT Solutions Inc. (NASD: PMRY) announced technical staffing revenue fell 76.6% year-over-year to $7.6 million in its fiscal first quarter ended April 5. The Hebron KY-based information technology services and staffing firm, said the decline came as the result of the nonrenewal of a cont...


Brainhunter revenue slips 13%

May 19, 2009

Brainhunter Inc. (TSX: BH) reported on Friday that revenue fell 12.6% year-over-year to C$52.7 million (US$42.2 million) in its fiscal second quarter ended March 31. Gross margin at the Toronto-based information technology and engineering services and staffing company narrowed to 12.6% from 14.0%...


Radia Holdings revenue falls 44%

May 19, 2009

Radia Holdings Inc., a Tokyo-based company that provides staffing and other services, announced Friday that revenue fell 44.3% year-over-year to 259.06 billion yen (US$2.66 billion) in the first nine months of its fiscal year ended March 31. It reported U.S. revenue fell 20.0% year-over-year in t...


Brainhunter revenue slips 13%

May 19, 2009

Brainhunter Inc. (TSX: BH) reported on Friday that revenue fell 12.6% year-over-year to C$52.7 million (US$42.2 million) in its fiscal second quarter ended March 31. Gross margin at the Toronto-based information technology and engineering services and staffing company narrowed to 12.6% from 14....


Arcadia sells industrial staffing business

May 19, 2009

Arcadia Resources Inc. (AMEX: KAD) announced today it sold its industrial staffing business with the deal to close May 29. The buyer was Employment Plus Inc. of Bloomington IN. The Indianapolis-based company also sold its home health equipment business in two other deals. The sales of both the in...


Monster settles SEC charge

May 18, 2009

Monster Worldwide Inc. (NYSE: MWW) agreed to pay a $2.5 million penalty to settle stock backdating charges from the U.S. Securities and Exchange Commission, the SEC announced today. Several former Monster executives have already pleaded guilty or been convicted of backdating charges from incident...


Research from Staffing Industry Analysts

May 18, 2009

Here is the latest research from Staffing Industry Analysts. UPDATED - Staffing Industry Report May 2009 issue*List of largest U.S. staffing firms, updated from print edition*Survey - About half of workers still believe temps must pay*First-quarter earnings*Survey - Locum tenens revenue up INSIGH...


Hudson Highland receives SEC notice

May 18, 2009

The Hudson Highland Group Inc., a New York-based professional staffing firm, announced Friday it may face an "enforcement action" by the U.S. Securities and Exchange Commission over reporting of sales tax charges and reserves in previous years, according to a filing with the SEC. The company said...