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CTG revenue falls 4%; spending on EHR implementations declines

February 24, 2015

CTG (NASD: CTG), a Buffalo, N.Y.-based information technology services company, reported fourth-quarter revenue fell 4.4% year over year to $98.3 million. The company reported spending has declined on implementations of electronic health records (EHR); healthcare represented 26% of the company’s...


CTPartners to review strategic alternatives

February 24, 2015

CTPartners Executive Search Inc. (NYSE MKT: CTP) announced its board of directors formed a special committee to review strategic alternatives for the company, including a previously announced proposal from DHR International Inc. to acquire all of the outstanding shares of the company for $7.00 a...


Heidrick exec search revenue rises in Americas

February 24, 2015

Executive search firm Heidrick & Struggles International Inc. (NASD: HSII) reported net revenue rose 2.8% in the fourth quarter to $121.3 million. Executive search and leadership consulting revenue rose 6.3% percent in the Americas but fell in Europe and Asia Pacific. Revenue in the Chicago-b...


ASA staffing index hits another record high

February 24, 2015

The American Staffing Association’s index measuring employment in the US staffing industry rose 5.59% for the week of Feb. 9 to Feb. 15 compared with the same week last year. The index value rose to 95.82, a record high for the seventh week of the year.


Consumer confidence pulls back in January, but remains at pre-recession levels

February 24, 2015

The Conference Board’s consumer confidence index for the US, which in January increased to the highest level since 2007, fell in February to a reading of 96.4 (1985=100) from 103.8 in the previous month.“After a large gain in January, consumer confidence retreated in February, but still remains a...


Skills gap: Is it real, and who is responsible? — staffing quote of the week

February 24, 2015

"It requires attention. It requires investment, all those types of things. There’s a solution to the skills gap,” U.S. News & World Report quoted Jeff Owens, president of Advanced Technology Services, in a story about the skills gap.


Feds reject health plans without hospitalization as ‘minimum value’ under ACA — Web

February 23, 2015

Kaiser Health News reported the US Department of Health and Human Services late Friday formally ruled health plans lacking substantial coverage of hospital and physician services do not qualify as “minimum value” when calculating penalties under the Affordable Care Act.Such plans, however, will s...


Ontario positioned as a growth leader for Canada, outlook finds

February 23, 2015

The sudden collapse in oil prices has significantly altered the economic landscape in Canada and around the world according to The Conference Board of Canada’s Provincial Outlook: Winter 2015. While some provinces will be negatively impacted, Ontario joins Manitoba and British Columbia as economi...


Potential suitor increases stake in CTPartners Executive Search

February 23, 2015

DHR International Inc., a Chicago-based executive search firm, increased its stake in CTPartners Executive Search Inc. (NYSE MKT: CTP) to more than 5% stake in CTPartners Executive Search Inc. (NYSE MKT: CTP), making it CTPartners’ fourth- largest shareholder, DHR announced today. It plans to rep...


Executive search firm Egon Zehnder reports revenue up 9% in 2014

February 23, 2015

Egon Zehnder International, a privately held executive search firm, reported revenue rose 8.8% in 2014 to $692.1 million.The US is the fastest-paced growth market with continued double-digit growth. Significant gains were also recorded in mature markets across Europe — namely the UK, Germany, Ita...