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Resources Connection Q4 revenue falls 44%

July 16, 2009

Revenue at Resources Connection Inc. (NASD: RECN) fell 44.2% year-over-year to $132.0 million in its fiscal fourth quarter ended May 30. "Given the global economic climate, this has been the most challenging year in the history of Resources," CEO Thomas Christopoul said. The Irvine CA-based comp...


Research from Staffing Industry Analysts

July 16, 2009

Here is the latest research from Staffing Industry Analysts: INSIGHT - Staffing mergers and acquisitions for 2Q09  *13 acquisitions in 2Q09 *M&A environment still "brutal" *Number of distress sales slowing down


Jobless claims fall 8.3%

July 16, 2009

The number of U.S. initial claims for unemployment benefits fell 8.3% to 522,000 in the week ended July 11 from the previous week's revised number of 569,000, the U.S. Department of Labor reported today. The four-week moving average of claims fell 3.7% to 584,500 from the previous week's revised...


Resources Connection Q4 revenue falls 44%

July 16, 2009

Revenue at Resources Connection Inc. (NASD: RECN) fell 44.2% year-over-year to $132.0 million in its fiscal fourth quarter ended May 30. "Given the global economic climate, this has been the most challenging year in the history of Resources," CEO Thomas Christopoul said. The Irvine CA-based compa...


CIO survey: Trying out workers helpful

July 16, 2009

Almost three-quarters of chief information officers say it's helpful to bring in tech workers on a contract basis before hiring them full time, according to a survey by Robert Half Technology, a division of Robert Half International Inc. (NYSE: RHI). Among the CIOs, 28% said bringing in a worker...


Jobless claims fall 8.3%

July 16, 2009

The number of U.S. initial claims for unemployment benefits fell 8.3% to 522,000 in the week ended July 11 from the previous week's revised number of 569,000, the U.S. Department of Labor reported today. The four-week moving average of claims fell 3.7% to 584,500 from the previous week's revised...


RCM buys IT solutions firm

July 15, 2009

RCM Technologies Inc. (NASD: RCMT) announced Tuesday it acquired Project Solutions Group Inc., a Marlborough MA-based information technology solutions firm. Terms of the deal were not announced, Project Solutions Group should have revenue of about $5.5 million in 2009, according to the company....


RCM buys IT solutions firm

July 15, 2009

RCM Technologies Inc. (NASD: RCMT) announced Tuesday it acquired Project Solutions Group Inc., a Marlborough MA-based information technology solutions firm. Terms of the deal were not announced, Project Solutions Group should have revenue of about $5.5 million in 2009, according to the company. R...


Healthcare reform proposals roll out

July 15, 2009

Healthcare reform proposals are being moved forward in the House and Senate that could require employers to provide coverage or pay a special payroll tax or fee. House Democrats introduced a healthcare reform bill on Tuesday that would tax high-income earners, require all Americans to purchase h...


Healthcare reform proposals roll out

July 15, 2009

Healthcare reform proposals are being moved forward in the House and Senate that could require employers to provide coverage or pay a special tax or fee. House Democrats introduced a healthcare reform bill on Tuesday that would tax high-income earners, require all Americans to purchase health ins...