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Randstad's North American revenue slips 13% excluding currency effects

February 18, 2010

Randstad Holding NV, the world's second-largest staffing firm, said fourth-quarter North American revenue fell 20.7%, or 13% excluding the effects of currency exchange, to euro375.0 million (US$537.5 million) from fourth-quarter 2008 revenue of euro472.9 million.

The Netherlands-based company said it...

Bankruptcy, litigation are legal growth areas

February 17, 2010

Bankruptcy and litigation will experience the most growth among all legal areas over the next three months, according to a poll by Robert Half Legal, the legal staffing division of Robert Half International Inc. (NYSE: RHI).

The poll of 300 attorneys found that 32% said bankruptcy/foreclosure will...

Lender acquires 51% stake in ClearPoint

February 17, 2010

ClearPoint Business Resources Inc.'s (OTCBB: CBPR.OB) senior secured lender acquired a majority stake in the firm after ClearPoint defaulted on a loan agreement, the company reported.

Chalfont PA-based ClearPoint operates its iLabor platform, an online service that acts as a broker between staffing...

People: Special Counsel, Integra

February 17, 2010

Special Counsel Inc., a legal staffing firm, announced Jennifer Grossman, executive director of its Detroit office, will serve as executive director of its Cleveland office as well. In addition, it appointed John Scully as business development director at its Cleveland office. Scully was previously...

CEO leaves Supplemental Health Care

February 17, 2010

Supplemental Health Care President and CEO Mike Jacoutot left the company effective Feb. 5.

"I had a real good run at Supplemental Health Care, unfortunately all good things must come to an end," Jacoutot said when contacted by phone on Tuesday.

Jacoutot joined Supplemental in September 2004. He had...

Select says revenue up 4%

February 16, 2010

The Select Family of Companies, a Santa Barbara-based staffing firm, reported full-year 2009 revenue of $1.50 billion, a 3.6% increase over 2008 revenue of $1.45 billion.

Privately held Select announced the revenue number Friday shortly after a proposed merger with Atlas Acquisition Holdings Corp. fizzled....

People: ADP, Korn/Ferry and more

February 16, 2010

Automatic Data Processing Inc. (NASD: ADP) announced that Enrique Salem was elected to its board of directors. Salem is president and CEO of Symantec Corp. ADP, based in Roseland NJ, provides payroll processing, professional employer organization services and other services.

Korn/Ferry International...

Fortune revenue slips 12%

February 16, 2010

Fortune Industries Inc. (AMEX: FFA), an Indianapolis-based provider of professional employer organization services, said revenue fell 11.7% to $15.0 million in its fiscal second quarter ended Dec. 31, 2009, compared with $17.0 million in the second quarter of last year.

Second-quarter gross margin widened...

TeamStaff revenue falls 10%

February 16, 2010

TeamStaff Inc. (NASD: TSTF), a Somerset NJ-based staffing firm with a focus on serving the government, said in-sourcing of some positions under its existing government contracts and overtime restrictions cut into revenue. TeamStaff's revenue fell 10.2% to $10.8 million in its fiscal first quarter ended...

Stronger GDP growth expected in 2010

February 12, 2010

Economists are projecting stronger growth than anticipated over the next three quarters, according to the first quarter 2010 Survey of Professional Forecasters released today by the Federal Reserve Bank of Philadelphia. However, this upward revision comes at the expense of slower growth at year's end....