Daily News

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

Pomeroy founder ends pursuit of firm

October 10, 2008

Pomeroy IT Solutions Inc. (NASD: PMRY), a Hebron KY-based information technology services and staffing firm, said its founder and largest shareholder withdrew his bid to buy the company and take it private. David Pomeroy had offered on May 22 to acquire all stock not already owned by him for $6 a...


Canada adds almost 107,000 jobs

October 10, 2008

Employment in Canada rose by 106,900 jobs in September, bringing total employment to more than 17.2 million, Statistics Canada reported today. Most of the gains were in part time jobs; the country added 96,600. The healthcare and social assistance sector added 40,000 jobs alone in September, acco...


Research from Staffing Industry Analysts

October 10, 2008

Here is the latest research from Staffing Industry Analysts. INSIGHT - Largest U.S. industrial temporary staffing firms *12 firms make $300MM cut, comprising 43% of market*Adecco biggest U.S. industrial temporary staffing player*Industrial primary staffing segment for only two of the 12 firms For...


Medical Staffing Network gets NYSE notice

October 10, 2008

Medical Staffing Network Holdings Inc. (NYSE: MRN), the largest provider of per diem nursing in the U.S., said it was notified by the New York Stock Exchange that it was out of compliance with listing standards. The company's market capitalization was less than the required $75 million. Medical S...


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...