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Fortune's PEO revenue falls 26%

April 14, 2009

Fortune Industries Inc.'s (AMEX: FFI) professional employer organization revenue fell 26.2% year-over-year to $16.4 million in its fiscal second quarter ended Feb. 28. Total second-quarter revenue at the Indianapolis-based firm fell 60.8% year-over-year — going to $16.4 million from $41.9 million...


Fortune's PEO revenue falls 26%

April 14, 2009

Fortune Industries Inc.'s (AMEX: FFI) professional employer organization revenue fell 26.2% year-over-year to $16.4 million in its fiscal second quarter ended Feb. 28. Total second-quarter revenue at the Indianapolis-based firm fell 60.8% year-over-year — going to $16.4 million from $41.9 milli...


People - Clovis, Mahone

April 14, 2009

Clovis, a Bethesda MD-based staffing firm, named a new president and chief operating officer as well as a new practice leader. The Mahone Group Inc., a Marietta GA-based staffing firm, announced an executive to head up business development for its healthcare staffing division. Clovis named Rich...


Office openings - Vaco Raleigh

April 14, 2009

Vaco Raleigh LLC announced the opening of a new office in Chicago. Vaco Raleigh is a Raleigh NC-based executive search firm specializing in accounting/finance, information technology and operations.


People - Clovis, Mahone

April 14, 2009

Clovis, a Bethesda MD-based staffing firm, named a new president and chief operating officer as well as a new practice leader. The Mahone Group Inc., a Marietta GA-based staffing firm, announced an executive to head up business development for its healthcare staffing division. Clovis named Richar...


Office openings - Vaco Raleigh

April 14, 2009

Vaco Raleigh LLC announced the opening of a new office in Chicago. Vaco Raleigh is a Raleigh NC-based executive search firm specializing in accounting/finance, information technology and operations.


People - NAPEO, Mortgage Search

April 13, 2009

The National Association of Professional Employer Organizations announced this month it hired a director of federal government affairs. Mortgage Search & Acquisition named a new managing director. NAPEO named Cheryl Gannon as director of federal government affairs. Gannon has more than two decade...


PEO certifications - KilaKila, eEmployers

April 13, 2009

The National Association of Professional Employer Organizations announced two professional employer organizations received certification from the Employer Services Assurance Corporation. The PEOs are KilaKila Employer Services, based in Pukalani HI, and eEmployers Solutions, based in San Antonio....


Pasona lowers full-year forecast

April 13, 2009

Tokyo-based staffing firm Pasona Group Inc. reported signs that a drop in new orders has bottomed out, but still cut its forecast for full-year revenue by 7.8% to 218.54 billion yen (US$2.24 billion). Pasona also reported revenue for the first nine months of its fiscal year fell 5.1% year-over-...


Pasona lowers full-year forecast

April 13, 2009

Tokyo-based staffing firm Pasona Group Inc. reported signs that a drop in new orders has bottomed out, but still cut its forecast for full-year revenue by 7.8% to 218.54 billion yen (US$2.24 billion). Pasona also reported revenue for the first nine months of its fiscal year fell 5.1% year-over-ye...