Daily News

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

Analysts International pushes back profitability

October 10, 2008

Analysts International Corp. (NASD: ANLY) said today turmoil in the financial markets and the economic uncertainty means it will need more time to become profitable. The company now estimates it will be profitable sometime in 2009. It had previously estimated a return to profitability by the seco...


Honors - Bartech, Adecco

October 10, 2008

The Bartech Group received the 2008 Michigan Minority Business Development Council supplier of the year award. The award is based on outstanding performance in business growth, product innovation, cost-saving programs, minority business enterprise procurement spend, minority employment and job cr...


Research from Staffing Industry Analysts

October 9, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - IT solutions growth update IT solutions growth still strongNon-U.S. business booming, largest players seeing most growthIT solutions stocks up median 9.3% in 2Q08 For the full Insight, click here. INSIGHT - Largest U.S. Engine...


Jobless claims fall, but moving average rises

October 9, 2008

The advance figure for seasonally adjusted initial unemployment claims was 478,000 for the week ended Oct. 4, down 20,000, or 4.0% from the previous week's revised figure of 498,000, the U.S. Department of Labor reported today. The effects of hurricanes Gustav and Ike added approximately 17,000 c...


CDI lowers revenue estimate

October 9, 2008

CDI Corp. (NYSE: CDI) lowered its estimated revenue for the third quarter, saying it will be 6% to 8% lower compared with the third quarter of last year. The Philadelphia-based staffing and engineering services company said it previously estimated revenue for the third quarter at flat or slightly...


UK firms' net fee income up, conditions tougher

October 9, 2008

Hays PLC, a London-based staffing firm, and Robert Walters PLC, a London-based professional staffing firm, reported increases in net fee income, but cited tougher conditions in some areas. Hays said net fee income rose 10% year over year, or 4% on a constant currency organic basis, in its first q...


Research from Staffing Industry Analysts

October 8, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - Largest U.S. legal temporary staffing firms*Six firms make $25MM cut, comprising 36% of market*Hudson Highland, MPS, and Update comprise 30% of market*Legal is largest staffing segment for only two of the six firms For the fu...


People - TechTeam, StormStaff, Key IT, Lucas

October 8, 2008

TechTeam Global Inc. (NASD: TEAM), a Southfield MI-based information technology services and staffing company, named Margaret Loebl as CFO. Loebl comes to TechTeam from Archer Daniels Midland Co., where she was group VP of finance. StormStaff, a San Diego-based administrative and accounting staff...


Staffing software firms spar

October 8, 2008

Two staffing software companies are trading allegations, and lawsuits, over copyright infringement and tortuous interference. TempWorks Software Inc., based in Eagan MN, filed a lawsuit in federal court claiming copyright infringement and trade secret misappropriation against Avionté LLC, also b...


Monster buys remainder of ChinaHR.com

October 8, 2008

Monster Worldwide Inc. (NASD: MNST) acquired a further 55% stake it didn't own in ChinaHR.com, an online job board serving China. Monster paid $174 million for the stake. Monster first acquired a 40% share of ChinaHR.com in early 2005. Edward Lo, executive VP of Monster Greater China, will take o...