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Medical Staffing Network is restructuring

October 31, 2008

Medical Staffing Network Holdings Inc. (NYSE: MRN) announced Thursday that it is realigning its per diem branch network. The company will increasingly focus on expanding its local contract business, which now amounts to 25% of its per diem division's revenue. In addition, with six new vendor man...


Nursefinders adopts a new name

October 31, 2008

Arlington TX-based healthcare staffing provider Nursefinders Inc. has changed its corporate name to Medfinders Inc. to reflect the broadening scope of its service offerings. It will continue doing business through its various brands, namely: Nursefinders for local nuse staffing; Nursefinders Ho...


Spherion 3Q08 revenue up 9.5%

October 31, 2008

Third quarter revenue for Spherion Corp. (NYSE:SFN) was up 9.5% to $542 million compared with $495 million last year. On an organic basis, revenue fell 11.4%. Net income for the quarter ended Sept. 30 was $4.1 million compared with $9.0 million in the prior year. Gross profit for the quarter wa...


AMN revenue up 5% in 3Q08

October 31, 2008

AMN Healthcare Services Inc. (NYSE: AHS) posted revenue of $315 million for the quarter ended Sept. 30. This number was up 5% over last year but slightly below company guidance. Net income for the quarter was down 21% on a year-over-year basis to $9.5 million. Gross margin was 25.7%, slipping f...


TechTeam up 8.5% in 3Q08

October 31, 2008

TechTeam Global, Inc. (NASD: TEAM), a provider of information technology staffing, enterprise support and business process outsourcing services, reported revenue of $64.2 million for the quarter ended Sept. 30, up 8.5% from the same period in 2007. Net income for the quarter was $1.9 million, d...


On Assignment beats esitmates in 3Q08

October 30, 2008

Professional staffing firm On Assignment Inc. (NASD:ASGN) reported revenue of $161.9 million for the quarter ended Sept. 30. Revenue was up 8.9% from the third quarter of 2007. The company chalked up net income of $6.9 million for the quarter, up 113% from the same period in 2007. Net income f...


Jobless claims four-week average falls 1%

October 30, 2008

The four-week moving average of initial jobless claims was 475,500, a decrease of 5,000, or 1.0%, from the previous week's revised average of 480,500, the U.S. Department of Labor reported today. The advance figure for initial unemployment claims was 479,000 for the week ended Oct. 25, unchang...


MPS Group 3Q08 earnings up 4%

October 30, 2008

MPS Group Inc. (NYSE: MPS) recorded a 4% increase in revenue for the quarter ended Sept. 30. The company generated revenue of $577 million compared with $556.6 million posted in the same quarter in 2007. Excluding the impact of acquisitions and foreign currency exchange rates, revenue increased...


Economy and hurricanes take its toll on CDI

October 30, 2008

CDI Corp. posted a drop of 5.6% in revenue for the quarter ended Sept. 30, ending the quarter at $281.9 million. The company reported net earnings from continuing operations of $8.1 million, up 1.3% from $8.0 generated in the prior-year quarter. Third quarter 2008 net earnings include a $3.3 mi...


Hudson revenue down 9.6% in 3Q08

October 29, 2008

Hudson Highland Group Inc. (NASD: HHGP) posted revenue of $271.4 million for the quarter ended Sept. 30, a decrease of 9.6% from $300.4 million for the same quarter of 2007. Gross margin for the quarter was 42.3% down from 43.1% from the same period last year. The company posted net loss for th...