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INfe buys South African IT staffing company
October 26, 2007New York-based INfe Human Resources Inc. (OTCBB: IFHR) said it signed a deal to acquire Time Quantum, a South African information technology staffing company. Terms of the deal have not yet been announced. Time Quantum had revenue of $21 million in 2006, while INfe had revenue of $6.3 million for the...
Expansions - Reutax, Strategic Staffing Solutions, AVID, Aerotek
October 26, 2007Reutax Corp., a
Strategic Staffing Solutions, a Detroit-based information...
Barrett's 3Q income jumps 12.9%
October 25, 2007Barrett Business Services Inc. (NASD: BBSI) reported net income of $6.3 million for the third quarter ended Sept. 30, an improvement of 12.9% over net income of $5.6 million for the third quarter of 2006. Revenue for the third quarter totaled $82.9 million, up 19.5% over the $69.4 million for the same...
Hudson 3Q income slips 9.3%
October 25, 2007Hudson Highland Group Inc. (NASD: HHGP) reported net income of $3.9 million for its third quarter ended Sept. 30. This is down 9.3% from the $4.3 million posted in the same quarter in 2006. Revenue for the quarter was $341.3 million, a decrease of 0.1% from $341.5 million for the third quarter of 2006....
Unemployment claims fall 8,000
October 25, 2007In the week ended Oct. 20, the advance figure for seasonally adjusted initial unemployment claims was 331,000, a decrease of 8,000, or 2.4%, from the previous week's revised figure of 339,000. The four-week moving average was 324,750, an increase of 7,750 from the previous week's revised average of 317,000....
Monster back in the black in 3Q
October 25, 2007Monster Worldwide Inc. (NASD: MNST) swung to profitability in the third quarter ended Sept. 30 with net income of $33.3 million. This is up from the net loss of $83.8 million posted in the same quarter in 2006.
Total revenue grew 18% to $337 million in the third quarter from $286 million in the comparable...
MPS revenue increases 15.2%
October 25, 2007Revenue at Jacksonville FL-based MPS Group Inc. (NYSE: MPS) rose 15.2% to $556.6 million in the third quarter from $483.1 million in the third quarter of 2006, beating analysts' revenue estimates of $550.7 million.
The company said revenue would have risen 7% year-over-year excluding the impact of foreign...
Vedior profit rises 17.2%
October 25, 2007Growth in permanent placement and a temporary French tax break helped boost third-quarter results, Netherlands-based staffing giant
"Although the strong market conditions we saw for the first half of 2007 have eased somewhat,...
CDI net income up 57.1%
October 25, 2007Net income at CDI Corp. (NYSE: CDI) surged 57.1% in the third quarter. The company reported net income of $9.6 million, compared with $6.1 million in the same period last year as it continues to focus on higher-margin business.
CDI also reported third-quarter revenue rose 4.5% to $298.7 million from...
Print help-wanted ad index rises
October 25, 2007The Conference Board's index measure job ads in