Industrials Commercial and Professional Services

  • Aug 24- Monster Worldwide Inc said shareholder MediaNews Group Inc had made "flawed and uninformed assumptions" in its letter last week opposing the job sites operator's buyout by Dutch staffing company Randstad. MediaNews' letter "attempts to put Randstad all-cash offer at risk without offering superior proposal," Monster Chief Executive Tim Yates said in an...

  • *Robo-advisory seen surging to $900 bln AUM in China by 2020. Although still in its infancy, assets under management of robo-advisors in China are expected to balloon to 6 trillion yuan by 2020, according to China Merchants Securities estimates, underscoring the potential for growth in an industry that was non-existent until recently. Kearney estimates for...

  • *China tech M&A doubled to $68 bln last year. HONG KONG, Aug 18- When ride-hailing firm Didi Chuxing agreed to buy Uber Technologies Inc's China unit this month, creating a $35 billion business, both firms used in-house advisory teams, meaning the investment banks that normally advise on these deals missed out on an estimated $60 million in fees.

  • The auctioneers claim the tools were stolen from the Equation Group, the name given to a powerful collective of hackers exposed by antivirus firm Kaspersky Lab in 2015. Others have linked the Equation Group to the NSA's hacking arm, although such claims are extraordinarily hard to settle with any certainty. The leaked tools "share a strong connection" with the...

  • CENTER, Texas— Inspectors fined Tyson Foods more than $263,000 for safety violations at an East Texas poultry plant where a worker's finger was amputated when it became stuck in a conveyor belt, federal officials announced Tuesday. The U.S. Department of Labor said in a news release that Tyson was fined for 15 serious violations at its plant in Center, near the...

  • Aug 10- Wall Street bonuses are expected to decline this year for both bankers and traders, compensation consulting firm Johnson Associates Inc. said on Wednesday. Year-end compensation will down 5 to 15 percent for investment bankers that advise on mergers and acquisitions, according to the most widely followed report concerning compensation on Wall...

  • How important are the Rio Olympics to advertisers?

    Andy Brown, CEO of Kantar Media, talks about the opportunities offered by the Olympics for advertising, sponsorship and brand awareness.

  • Aug 3- NEW YORK, Aug 3- U.S. private. employers added 179,000 jobs in July, above economists' expectations, a report by a payrolls processor showed on Wednesday. The ADP figures come ahead of the U.S. Labor Department's more comprehensive non-farm payrolls report on Friday, which includes both public and private-sector employment.

  • HOUSTON, Aug 2- The U.S. Chemical Safety Board said on Tuesday workers were injured in incidents between 2010 and 2014 at Tesoro Corp's San Francisco Bay-area refinery in Martinez, California because of a weak safety culture the company permitted to exist. The Board also said California's state workplace safety agency, Cal/ OSHA, could have carried out vigorous...

  • Aug 1- Carl Icahn's Icahn Enterprises LP said on Monday that the billionaire investor's son, Brett Icahn, and David Schechter were no longer co-managers of the Sargon Portfolio, and would instead stay on as consultants for now. Brett Icahn and Schechter have been co-managing the portfolio since April 2010 and Icahn Enterprises said Monday their co-manager...

  • The company, which is splitting into two to separate its printer and business process outsourcing businesses, took $71 million in restructuring and related charges in the second quarter, less than the $100 million it estimated in April. The company also cut its estimate for one-time pretax separation costs to $175 million- $200 million from $200 million- $250...

  • LONDON, July 15- Investment bank revenues are likely to fall about 11 percent this year, due in part to uncertainty and lower client activity following Britain's surprise decision last month to leave the European Union, according to Boston Consulting Group. BCG said in a report released on Friday that revenues were likely to fall to $204 billion this year, down...

  • "We couldn't advise the Europeans, we couldn't advise the U.S.," the unnamed lawyer said, according to a report published by the professional body for UK solicitors. We'd be a purely UK entity, for UK problems, "the lawyer was quoted as saying. Lawyers, accountants, management consultants, recruiters, bankers, public relations and technology firms with overseas...

  • "We couldn't advise the Europeans, we couldn't advise the U.S.," the unnamed lawyer said, according to a report published by the professional body for UK solicitors. We'd be a purely UK entity, for UK problems, "the lawyer was quoted as saying. Lawyers, accountants, management consultants, recruiters, bankers, public relations and technology firms with overseas...

  • "We couldn't advise the Europeans, we couldn't advise the U.S.," the unnamed lawyer said, according to a report published by the professional body for UK solicitors. We'd be a purely UK entity, for UK problems, "the lawyer was quoted as saying. Lawyers, accountants, management consultants, recruiters, bankers, public relations and technology firms with overseas...

  • "We couldn't advise the Europeans, we couldn't advise the U.S.," the unnamed lawyer said, according to a report published by the professional body for UK solicitors. We'd be a purely UK entity, for UK problems, "the lawyer was quoted as saying. Lawyers, accountants, management consultants, recruiters, bankers, public relations and technology firms with overseas...

  • June 23- Xerox Corp said Jeff Jacobson, the president of its technology unit, would take over as chief executive after the company splits its business process outsourcing unit into a separate, publicly listed entity. Its business process outsourcing operations will be held under " Conduent Inc," which will be led by Ashok Vemuri. Xerox, which announced the split in...

  • June 23- Accenture Plc posted a better-than-expected 8.6 percent rise in quarterly net revenue, driven by demand for consulting services, particularly from customers in North America. Analysts on average had expected a profit of $1.41 per share and revenue of $8.34 billion. The net income attributable to Accenture rose to $897.2 million, or $1.41 per share, in...

  • June 14- Xerox Corp said on Tuesday Ashok Vemuri will become the chief executive of its business process outsourcing unit after the company splits into two publicly traded entities. Vemuri, who previously headed IT services provider IGATE Corp from September 2013 to October 2015, will join Xerox effective July 1. While at IGATE, Vemuri led the company's sale to...

  • BOSTON CONSULTING GROUP, PRICEWATERHOUSECOOPERS TO ADVISE ON RESTRUCTURING- DOS SANTOS.