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Industrials Commercial and Professional Services

  • NEW YORK, March 30- Institutional Shareholder Services Inc, the world's top proxy advisory firm, is making activist investors work harder than ever to earn its backing in corporate control battles in a shift being led by the new man in charge of its recommendations. "I think is fair and has no obvious sympathy for one side or the other," said Bruce Goldfarb, CEO of proxy...

  • NEW YORK, March 30- Institutional Shareholder Services Inc, the world's top proxy advisory firm, is making activist investors work harder than ever to earn its backing in corporate control battles in a shift being led by the new man in charge of its recommendations. "I think is fair and has no obvious sympathy for one side or the other," said Bruce Goldfarb, CEO of proxy...

  • SAN FRANCISCO— The owner of a company that supplied foreign workers to San Francisco Bay Area technology companies is facing visa fraud charges after filing fake documents to bring people to the United States, the U. S Attorney's Office announced Friday. A federal grand jury indicted Jayavel Murugan, CEO of Dynasoft Synergy, Inc., and a second man, Syed Nawaz, on...

  • March 23- Consulting and outsourcing services provider Accenture Plc reported a 4.7 percent increase in quarterly net revenue, helped by strong demand for its digital and cloud services. Net income attributable to Accenture fell to $838.8 million or $1.33 per share in the second quarter ended Feb. 28, from $1.33 billion or $2.08 per share, a year earlier.

  • The Monroe, North Carolina- based business's 2016 revenue was about $570 million and would complement 3 M's personal safety business, which also manufactures safety devices, 3 M said. Proceeds from the deal are expected to be about $1.8 billion- $1.9 billion, and would be used to repay a portion of Tyco International Plc's $4.0 billion of merger-related debt,...

  • March 16- 3 M Co said on Thursday it would buy Johnson Control International Plc's safety gear business, Scott Safety, in deal with an enterprise value of $2 billion. Scott Safety manufactures respiratory and protective equipment and other safety products for firefighters, industrial workers, police squads and the military. The business had annual revenues of...

  • KHOBAR, Saudi Arabia/ DUBAI, March 13- Saudi Aramco has chosen U.S.-based FTI Consulting as global media adviser for what is expected to be the world's largest initial public share offer, industry sources said. The sources said FTI's main competition in the bidding was international consulting firm Brunswick Group. "Aramco has avoided frequent contact with the...

  • WASHINGTON, March 9- A California waste management company on Thursday asked a U.S. appeals court to overturn a contentious labor board decision on "joint employment" that could make it easier to hold companies accountable for the labor practices of the staffing agencies, contractors and franchisees with which they partner. Judge Patricia Millett of the U.S....

  • March 8- Elliott Management reported in a regulatory filing that Spirit AeroSystems Holdings has said its former chief executive officer, Larry Lawson, has breached his retirement contract by consulting for the hedge fund during its proxy fight with Arconic Inc.. Elliott, in its filing with the Securities and Exchange Commission made late on Tuesday, did not...

  • NEW YORK, March 8- U.S. private employers added 298,000 jobs in February, well above economists' expectations, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 190,000 jobs, with estimates ranging from 150,000 to 247,000. Private payroll gains in the month...

  • Need a part-time CFO?

    Sara Daw, group CEO of The CFO Centre Group, talks about how her platform provides small and medium enterprises with access to part-time CFOs.

  • BENGALURU, March 6- Tech Mahindra Ltd, India's fourth biggest software services exporter, will buy U.S.-based healthcare IT consulting firm CJS Solutions Group for an enterprise value of $110 million. India's $150 billion information technology industry uses H-1B visas to fly engineers and developers to the United States to provide services to clients.

  • March 3- Activist hedge fund Elliott Management Corp said on Friday it had entered into a standstill agreement with U.S. healthcare services company Advisory Board Co. Elliott Associates, a unit of Elliott Management, disclosed an 8.3 percent stake in Advisory Board in January, calling the stock "undervalued." The stake makes Elliott the company's largest...

  • This start-up wants to disrupt the consulting business

    Bridget Loudon, CEO of Expert360, talks about how her online platform uses technology to match clients with freelance consultants.

  • March 2- Banks across the world have paid about $321 billion in fines since the 2007-2008 financial crisis as regulators stepped up scrutiny, according to a note by the Boston Consulting Group. North American banks accounted for nearly 63 percent of the total fines, or about $204 billion, during 2009-2016, the consultancy firm said. While U.S. regulators have...

  • ZURICH, March 2- Swiss staffing group Adecco has seen a major slowdown in permanent hiring by British firms as financial groups wait to see what will happen once the country triggers it exit from the European Union, Chief Executive Alain Dehaze said on Thursday. Revenue from placing workers in permanent jobs in Britain fell 15 percent in the last three months of...

  • The sources said companies being considered for the shortcut could include Alibaba Group's Ant Financial affiliate, the world's most valuable financial technology company; Zhong An Online Property and Casualty Insurance, and security software maker Qihoo 360 Technology Co.. China has been losing out to the New York Stock Exchange and Nasdaq on key...

  • STATE OIL FIRM PETROBANGLA TO HIRE CONSULTANCY WOODMAC TO ASSESS CHEVRON ASSETS BEFORE A FORMAL BID- SOURCES.

  • Stock funds based in the United States attracted nearly $11.5 billion during the week ended Feb. 15, including $8.9 billion into funds invested domestically, the data showed. "Trump's anti-trade rhetoric with China and Japan have lessened over the last week," said Tom Roseen, head of research services for Thomson Reuters Lipper. Trump, who last month accused China...

  • *Hejun Vanguard Group filed two complaints with MOFCOM. HONG KONG, Feb 16- A Chinese consultancy that has previously helped to win antitrust battles against Coca-Cola and Apple has taken aim at McDonald's Corp, arguing in a complaint to regulators that the American fast food giant's China sale may hurt workers and consumers. Beijing- based Hejun Vanguard Group, a...