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UK - Capita's acquisition of health and government divisions approved by Tribal shareholders

2 May 2011

The shareholders of Tribal Group Plc (TRB:LSE), the provider of public sector services, have approved the acquisition of the health and government divisions of Tribal Group by Capita Group Plc (CPI:LSE), the provider of business process outsourcing solutions and professional support services.The...


Sweden - Poolia's results suffer from exchange rates

2 May 2011

Revenues were up by +20% from 26.4 million Euro in Q1 2010 to 32 million Euro in Q1 2011 at Poolia AB (POOLB:STO), the Sweden-based temporary and permanent staffing group, which specialises in finance, administration, IT and engineering.The Board of Directors proposes that the Annual General Meet...


Eurozone - Core and periphery divergence widens

2 May 2011

The Eurozone Manufacturing Purchasing Managers Index (PMI) for April, published by economic research firm Markit, showed the second-strongest pace of expansion since August 2000, the latest reading surpassed only by February's near-record high.The PMI rose to 58.0, up from 57.5 in March and above...


Italy - Services confidence indicator slightly up in April 2011

2 May 2011

The seasonally adjusted services confidence indicator increased to 97.9 in April (from 97.7 in March), according to the latest data published by the National Institute of Statistics (Istat).The index by sector improved in transportation and storage (to 99.8) and in business services and other ser...


Ireland - Growth in economy revised downward

2 May 2011

Following three successive years in which output fell, the Irish economy is expected to grow once again this year, according to the latest Stability Programme Update, a document all European Union member states are obliged to produce twice a year.While near-term prospects remain subdued on the wh...


On Assignment Revenue Up 34%

29 April 2011

On Assignment Inc. (NASD: ASGN) yesterday reported revenue for the first quarter ended March 31 rose 34.4 percent from the year-ago quarter. The Calabasas, Calif.-based life sciences, healthcare and technology staffing company reported first-quarter revenue of $129.4 million, compared with $96.3...


Eliassen Group Acquires Clovis

29 April 2011

Eliassen Group acquired Clovis, an IT and finance/accounting staffing firm serving private and government clients. Clovis had revenue of approximately $36 million in 2010. Terms of the deal were not disclosedClovis, founded in 2000 in Bethesda, Md., will continue to work under its own brand.“Clov...


P2P Corp. Revenue Rises 46%

29 April 2011

P2P Staffing Corp., a privately held, Fort Lauderdale, Fla.-based professional staffing firm, reported revenue rose 46.3 percent in the first quarter. Revenue was $12.0 million in the quarter ended March 31, compared with $8.2 million posted in the year-ago quarter. P2P delivers workforce solutio...


Canada: GDP Slips

29 April 2011

Canada’s real gross domestic product fell 0.2 percent in February after a 0.5 percent increase in January, Statistics Canada reported today. Manufacturing and, to a lesser extent, wholesale trade were the main sources of the decline.Service producing industries were essentially unchanged as incre...


Index: Employment Costs Rise

29 April 2011

Total compensation costs for civilian workers rose 0.6 percent from December to March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Wages and salaries, which comprise about 70 percent of total compensation, rose 0.4 percent, while benefits, which account for the rest o...