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  • Dec 28- Freeport-McMoRan Inc co-founder James Moffett will step down as chairman and quit its board, months after the miner added two new directors under pressure from billionaire investor Carl Icahn. Moffett, who has been appointed chairman emeritus, will be a consultant to Freeport-McMoRan's board, including advising the company on its Indonesia...

  • NEW YORK, Dec 17- U.S. investors withdrew $15.4 billion from taxable bond funds over the week ended Dec. 16, Lipper said on Thursday, as some funds posted record-setting withdrawals in a week marked by fears over the stability of the bond market. "We saw some very large redemptions, in fact, we set some records," said Tom Roseen, head of research services for Lipper.

  • Dec 17- Accenture Plc reported a better-than-expected jump in quarterly revenue, helped by strong growth in its consulting business, particularly in North America. The business accounts for just over half of Accenture's revenue, with its outsourcing unit contributing the rest. Accenture has been investing heavily to boost its digital business, which offers...

  • Dec 17- Accenture Plc reported a 1.5 percent rise in quarterly revenue, helped by strong growth in its high-margin consulting business, particularly in North America. Net income fell to $858.5 million, or $1.28 per share, in the first quarter ended Nov. 30 from $882.2 million, or $1.29 per share, a year earlier. Net revenue, or revenue before reimbursements, rose to...

  • Dec 15- A consultant hired by the state of Michigan to help oversee Detroit's $121 million blight-removal program- a key part of the city's efforts to rebuild itself after a historic bankruptcy- has been accused of falsifying billing statements for his work, the state's attorney general said on Tuesday. Ellentuck is accused of overbilling for asbestos...

  • *CSC to buy Xchanging for 190 p/shr in cash. *Xchanging recommends CSC offer over Capita bid. Dec 9- British outsourcing company Xchanging Plc agreed to be bought by Computer Sciences Corp for about 480 million pounds after the U.S. technology consulting company topped an offer from Capita Plc.

  • Dec 9- Technology consulting company Computer Sciences Corp will buy Xchanging Plc for about 480 million pounds, the companies said, beating out other suitors in a bidding war for the insurance-focused outsourcing company. The cash offer of 190 pence per share represents a premium of about 72 percent to Xchanging's closing price on Oct. 2, the day before the...

  • Computer Sciences Corp to buy Xchanging for $721 mln Wednesday, 9 Dec 2015 | 3:23 AM ET

    Dec 9- Technology consulting company Computer Sciences Corp will buy Xchanging Plc for about 480 million pounds, the companies said, ending a bidding war for the provider of services to the insurance industry.

  • WASHINGTON, Dec 8- Lockheed Martin Corp on Tuesday said it had won a seven-year contract worth A $1.2 billion to train the next generation of Australia's military pilots, with options for up to 25 years that could expand the deal's value. Lockheed beat out Britain's BAE Systems Plc, which currently holds the Australia pilot training contract.

  • LONDON, Dec 7- British outsourcing company Serco on Monday showed that its revival will be a long process, warning that revenue and trading profit would fall in 2016, due to the sale of a call centre business and some lost contracts, sending its shares down more than 10 percent. Serco, whose UK division accounts for about half of its business, said it expected revenue...

  • LONDON, Dec 7- British outsourcing firm Serco said on Monday it expected revenue and trading profit to fall in 2016, due to the sale of its offshore call center business and a number of lost contracts. Serco has suffered over the past few years, following problems with government contracts that included overcharging the British government for monitoring...

  • SHANGHAI, Dec 4- More steel mills in the Chinese province of Shanxi have halted production due to shrinking demand and a shortage of cash, according to industry consultancy Custeel, potentially stoking a rout in prices for raw ingredient iron ore. Among the main 23 steel mills in the northern province, 10 including Linfen Iron& Steel, a unit of state-owned Taiyuan...

  • Lipper@ NEW YORK, Dec 3- Investors withdrew $6.6 billion from U.S. stock and taxable-bond mutual funds during the week that ended Dec. 2, Lipper data showed on Thursday, marking the fourth straight week of outflows for those investments. "Retail investors threw the baby out with the bath water," said Tom Roseen, head of research services at Lipper.

  • NEW YORK, Nov 19- Just as social media changed how people find love and marriage, with research showing about 22 percent of U.S. couples now meet online, an Internet dating website is betting its matchmaking techniques will help people find the perfect job. "It could be a game changer," said Michael Haberman, a human resources consultant, writer and co-founder of...

  • Nov 18- Willis Group Holdings is considering increasing its offer for Towers Watson& Co after failing to muster enough shareholder support for its $18 billion merger with the human resources consultancy, a person with knowledge of the matter said. Earlier today, Towers Watson said it planned to reconvene the shareholder meeting on Friday.

  • Taser stock price may turn on police body camera business Wednesday, 18 Nov 2015 | 12:38 PM ET

    Nov 18- Concerns about higher spending and increasing competition have felled the once high-flying shares of electrical weapons maker Taser International Inc.. Two tests loom in the next few months, when police departments in London and New York City are expected to announce contracts for body cameras. It tumbled 10.8 percent on Oct. 20, the day Motorola...

  • *Randstad top gainer after update, Syngenta spikes. LONDON/ MILAN, Nov 17- European shares rose sharply on Tuesday, helped by encouraging updates from companies such as Germany's United Internet and Dutch-based Randstad, the world's second-biggest staffing company. Sentiment was also bolstered by expectations of more stimulus from the European Central Bank...

  • *Randstad and United Internet gain after updates. LONDON/ MILAN, Nov 17- European shares rose sharply on Tuesday, helped by encouraging updates from companies such as Germany's United Internet and Dutch-based Randstad, the world's second-biggest staffing company. Sentiment was also improved by expectations of more stimulus from the European Central Bank...

  • *Randstad and United Internet gain after updates. LONDON, Nov 17- European shares climbed in early trading on Tuesday, helped by encouraging updates from companies such as Germany's United Internet and Dutch-based Randstad, the world's second-biggest staffing company. Sentiment was also improved by the latest comments from an executive board member of the...

  • LONDON, Nov 17- European shares climbed higher in early trading on Tuesday, with encouraging updates from companies such as the world's second-biggest staffing company Randstad and Germany's United Internet helping the market. Randstad shares rose 7.5 percent, the top gainer in the pan-European FTSEurofirst 300 index, after the company said sales had...