Industrials Commercial and Professional Services

  • NEW YORK— Buying some suits at Ralph Lauren might mean being offered a chauffeured ride home in a BMW. New clothes from Saks could lead to a Mercedes-Benz van carrying a customized wardrobe pulling up to a home, hotel or office. Robert Burke, president of his namesake New York- based luxury consulting business, said he was surprised when the Ralph Lauren sales staff...

  • "There's always a lump in your throat because you don't know what you're going to get," says Darren Ambler, a managing director at Insight Performance, a Dedham, Massachusetts- based human resources provider. Several medium-sized clients of The Megro Benefits Co., a consulting company, are facing 38 percent increases in their 2017 premium costs.

  • KINSHASA, Sept 7- In a renovated warehouse in Kinshasa, dozens of young Congolese wearing headsets sit in rows of identical orange cubicles, fielding phone calls in six different languages. Congo's first call center gives a glimpse of how the central African country could follow a path already taken by the Philippines and India, which have long hosted low-cost...

  • *Could be $16 bln market by 2020. Axing the jack, they say, paves the way for discreet, bean-sized earbuds that can simultaneously translate, filter out unwanted noise or let us control other devices by voice- and drive up the value of the so-called' hearables' market to $16 billion within five years. "It's surprisingly close," says Nick Hunn, a UK- based consultant who...

  • NEW YORK, Sept 7- The man who since 2008 has run BlackRock Inc's quasi-consulting arm for governments, regulators and massive financial firms plans to leave the company next year, according to an internal memo. "FMA has not only become a thriving business, it has contributed to BlackRock's reputation in a way that truly sets us apart from other asset managers," said...

  • KINSHASA, Sept 7- In a renovated warehouse in Kinshasa, dozens of young Congolese wearing headsets sit in rows of identical orange cubicles, fielding phone calls in six different languages. Congo's first call center gives a glimpse of how the central African country could follow a path already taken by the Philippines and India, which have long hosted low-cost...

  • NEW YORK, Sept 1- The party looked to be waning for some popular investments in the latest week, with investors trimming exposure to U.S.-based funds invested in developing-market bonds, utilities stocks and gold, Lipper data showed on Thursday. "The Fed is creating the summertime blues," said Tom Roseen, head of research services for Thomson Reuters Lipper.

  • NEW YORK, Aug 31- U.S. private employers added 177,000 jobs in August, 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 175,000 jobs, with estimates ranging from 135,000 to 225,000. Private payroll gains in July were revised up...

  • Aug 31- Genesys Telecommunications Laboratories Inc, a provider of call center software, said it would buy rival Interactive Intelligence Group Inc for about $1.4 billion. Bank of America Merill Lynch, Citi, Goldman Sachs and RBC Capital Markets were financial advisers to Genesys, while Fried, Frank, Harris, Shriver& Jacobson LLP is its legal adviser.

  • 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...

  • *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.

  • *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...

  • 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...