Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

SFN employee confidence index rises 3.9 points

May 7, 2010


SFN Group's (NYSE: SFN) employee confidence index rose 3.9 points in April to a reading of 53.1 as workers gained confidence in both their current employers and their ability to find new job.

The index's monthly survey found that 31% believed the U.S. economy was getting better in April, up seven percentage...


Canada posts largest percent jobs gain since 2002

May 7, 2010


Canada added 108,700 jobs in April -- up 0.6% for the largest gain in percentage terms since August 2002 -- bringing total employment to 17.07 million, according to seasonally adjusted numbers released today by Statistics Canada. The unemployment rate edged down to 8.1% in April from 8.2% in March.
...


Private equity buying inVentiv in $1.1 billion deal

May 7, 2010


InVentiv Health Inc. (NASD: VTIV), a pharmaceutical services and staffing firm, announced an agreement Thursday to be acquired by private equity firm Thomas H. Lee Partners L.P. in a deal valued at $1.1 billion.

InVentiv shareholders would receive $26 for each share. The deal is expected to close in...


Index: Economy unlikely to dip again this year

May 7, 2010


There is little risk of another economic dip this year, according to the Economic Cycle Research Institute, which produces a weekly leading index of the U.S. economy.

"With the forward-looking [weekly leading index] rising to its best reading since January 2008, there is little risk of renewed recession...


Last chance for opportunity lists, annual rankings!

May 7, 2010

Our annual staffing firm list gathering process will close at 10:30 a.m. Pacific time on Monday, May 10. Almost every staffing firm qualifies for at least one of these lists, which are commonly used by buyers to shop for specific types of staffing services as well as by investors seeking potential acquisitions....


Cross Country first-quarter revenue falls 31%

May 6, 2010


Cross Country Healthcare Inc. (NASD: CCRN) reported first-quarter revenue fell 30.8% to $121.4 million from the year-ago quarter, but gross margin improved.

The Boca Raton FL-based healthcare staffing firm said the economic environment continued to cut demand for travel nurse and allied health staffing....


VMS opens escrow account to calm vendors

May 6, 2010


Medical Staffing Network Holdings Inc. (OTCBB: MNSW.PK), which earlier this year warned it may face bankruptcy, set up an escrow account to handle VMS payments, according to a filing with the U.S. Securities and Exchange Commission.

The Boca Raton FL-based healthcare staffing firm and vendor management...


Analysts International revenue falls 37%

May 6, 2010


Analysts International Corp. (NASD: ANLY) reported first-quarter revenue fell 37.0% to $28.5 million from $45.1 million in the first quarter of last year. Gross margin improved to 21.1% from 20.1% in the year-ago quarter.

The Minneapolis-based information technology services and staffing firm reported...


Adecco revenue up 7%, North America rises

May 6, 2010


Adecco SA, the world's largest staffing firm, reported first-quarter revenue rose 7% from the year-ago quarter to euro3.96 billion (US$5.33 billion) with growth returning in North America and France -- its two largest markets. However, the company said revenue fell 1% on an organic basis excluding the...


Calian Technologies revenue falls 11%

May 6, 2010


Calian Technologies Ltd. (TSX: CTY) reported revenue fell 11.3% on a year-over-year basis to C$53.1 million (US$52.1 million) in its fiscal second-quarter ended March 31.

Calian, based in Ottawa, provides information technology, healthcare and technical staffing and solutions.

Its business and technology...