×

Industrials Commercial and Professional Services

  • Nov 4- Institutional Shareholder Services on Friday recommended that investors in both companies approve Tesla Motors' plan to buy solar panel installer SolarCity for more than $2 billion. SolarCity's stock rose 9 percent on Friday to $20.40. Tesla Chief Executive Elon Musk, who is chairman of SolarCity and the largest shareholder in both companies, has...

  • Nov 4- Institutional Shareholder Services on Friday recommended that investors in both companies approve Tesla Motors' plan to buy solar panel installer SolarCity for more than $2 billion. SolarCity's stock rose 9 percent on Friday to $20.40. Tesla Chief Executive Elon Musk, who is chairman of SolarCity and the largest shareholder in both companies, has...

  • Darwin Deason had sued Xerox earlier this month in a U.S. District Court in Dallas over the company's plan to divide its legacy copier and printer business from its business process outsourcing unit, which would become a new company called Conduent Inc.. The Conduent business includes the operations of Dallas- based Affiliated Computer Services Inc, the...

  • NEW YORK, Oct 28- Investors have punished staffing firms including On Assignment, Robert Half International, TrueBlue and Heidrick& Struggles so far this earnings season on worries about a slowdown in hiring. It forecast fourth-quarter revenue growth of 5.3 percent to 7 percent which was short of Wall Street expectations for 7.6 percent annual growth,...

  • The Treasury Department's office of Financial Crimes Enforcement Network, or FinCEN, released an advisory that specifies what details banks should include in SARs when there is a cyber element in the case. It is the latest attempt by governments around the world to crack down on cyber crime after $81 million was stolen from Bangladesh Bank's account at the New...

  • FRANKFURT, Oct 25- Research and development spending by the world's biggest companies is accelerating into software and services while investment in physical products is falling sharply, an annual study by consulting firm PwC's Strategy& unit has found. The study is both a reflection of current spending priorities by the top 1,000 companies in North America,...

  • AMSTERDAM, Oct 25- Randstad, the world's second-largest staffing agency, beat market forecasts for core earnings on Tuesday and said that if it can get its offer for Monster Worldwide accepted by more than 50 percent of shareholders it will succeed. The Dutch group is facing opposition from U.S. newspaper operator MediaNews Group Inc, controlled by hedge fund...

  • The code name for Time Warner in deal talks was "Rabbit," perhaps an homage to Warner Bros' carrot-chewing, wise-talking cartoon character. As a result, investment banking rival Morgan Stanley is now No. 1 in the U.S. merger advisory rankings with $435.3 billion in announced deals, about $435 million ahead of Goldman, which has $434.9 billion, according to Thomson...

  • FRANKFURT, Oct 25- Research and development spending by the world's biggest companies is accelerating into software and services while investment in physical products is falling sharply, an annual study by consulting firm PwC has found. The study is both a reflection of current spending priorities by the top 1,000 companies in North America, Europe, Japan,...

  • Oct 13- Verizon Communications Inc said on Thursday it plans to close call centers in five states, including its home state of New York, as the No. 1 wireless company trims head count and reorganizes operations in a saturated wireless market. The consolidation involves Verizon call centers near Rochester and Orangeburg, New York; Bangor, Maine; Lincoln, Nebraska;...

  • Oct 13- Verizon Communications Inc plans to close call centers in five states, including its home state of New York, the No. 1 U.S. wireless company said on Thursday. The consolidation involves Verizon call centers near Rochester and Orangeburg, New York; Bangor, Maine; Lincoln, Nebraska; Wallingford and Meriden, Connecticut; and Rancho Cordoba, California, the...

  • MUMBAI, Oct 13- Indian IT outsourcing group Tata Consultancy Services Ltd said its next two quarters will be better after clients held back on spending in the three months to September. Net profit in the three months ended Sept. 30 rose to 65.86 billion rupees, up from 60.73 billion rupees in the same period last year and ahead of analysts' forecasts of around 62.93...

  • Oct 13- Verizon Communications Inc, the No. 1 U.S. wireless company, said on Thursday it would close call centers in five states, including its home state of New York. The consolidation involves Verizon call centers near Rochester and Orangeburg, New York; Bangor, Maine; Lincoln, Nebraska; Wallingford and Meriden, Connecticut; and Rancho Cordoba, California, the...

  • The United States is the biggest market for India's $150 billion software services outsourcing industry, followed by Europe. Net profit in the three months ended Sept. 30 rose to 65.86 billion rupees, up from 60.73 billion rupees in the same period last year and ahead of analysts' forecasts of around 62.93 billion rupees. The United States is the biggest market...

  • BOSTON, Oct 11- A 2016 Nobel Prize winner said executive pay plans have grown too complex and cited the overuse of consultants, remarks that pay specialists on Tuesday said echoed the complaints of many investors about ever-more detailed compensation statements. Finland's Bengt Holmstrom, a co-winner of the Nobel Economics Prize for his work on contract...

  • *Says more caution in UK hiring among multinationals. *UK Q3 gross profit fell 4.7 pct, less than expected. The company, which makes about a quarter of its earnings in Britain, said its gross profit there fell 4.7 percent in the three months to Sept. 30 at constant currencies and it would cut about 20-30 UK jobs if there was no improvement this quarter.

  • KBZ Myanmar

    KBZ Bank's Zaw Ling Aung explains how the private bank can help companies deal with the challenges of starting a business in Myannar.

  • NEW YORK, Oct 5- U.S. private employers added 154,000 jobs in. September, below 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.

  • LONDON, Oct 5- Britain's BT said it had won a 100 million euro contract from staffing company Randstad to provide cloud-based services and connectivity to more than 3,500 sites across 37 countries. BT said on Wednesday it would consolidate Randstad's network infrastructure, currently provided by multiple domestic and regional providers, using internet...

  • *Q4 rev $8.49 bln vs est $8.43 bln. *Adj profit $1.31/ share vs est $1.30. Accenture bought three companies in September alone: DayNine, a partner of human resources software provider Workday Inc, Octo Technology, a technology consultancy firm based in France, and Kurt Salmon, a unit of Management Consulting Group Plc..