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Industrials Commercial and Professional Services

  • CHINESE CONSULTANCY FILE TWO COMPLAINTS WITH CHINESE GOVERNMENT OVER MCDONALD'S PLANNED SALE OP ITS CHINA BUSINESS.

  • NEW YORK, Feb 14- As century-old Wall Street brokerages have agonized over the fate of a major U.S. regulation on retirement advice, younger Silicon Valley counterparts have coolly shrugged their shoulders. At issue is when and how the federal government will implement the so-called "fiduciary rule" handed down by the U.S. Labor Department last year.

  • NEW YORK, Feb 14- As century-old Wall Street brokerages have agonized over the fate of a major U.S. regulation on retirement advice, younger Silicon Valley counterparts have coolly shrugged their shoulders. At issue is when and how the federal government will implement the so-called "fiduciary rule" handed down by the U.S. Labor Department last year.

  • LONDON, Feb 12- A small global sugar surplus is forecast for the 2017/ 18 season but stocks will remain almost unchanged at "historically low levels," Tropical Research Services said in a report. "Elevated sugar prices had stimulated a significant sugar supply response globally which will combine with an expected normalization of sugar production levels in the...

  • Blackstone has agreed to acquire insurance broker Aon's employee benefits outsourcing business for around $4.8 billion.

  • Feb 10- Insurance broker Aon PLC said on Friday it agreed to sell its benefits administration and HR BPO platform to private equity firm Blackstone Group LP for $4.3 billion in cash. The repurchase program has been increased by $5 billion, bringing the total amount currently authorized for repurchases to about $7.7 billion as of Feb. 10, Aon added.

  • Feb 10- Insurance broker Aon PLC said on Friday it agreed to sell its benefits administration and HR BPO platform to private equity firm Blackstone Group LP for $4.3 billion in cash. The repurchase program has been increased by $5 billion, bringing the total amount currently authorized for repurchases to about $7.7 billion as of Feb. 10, Aon added.

  • Feb 10- Insurance broker Aon PLC said on Friday it agreed to sell its benefits administration and HR BPO platform to Blackstone Group LP for $4.3 billion in cash. Aon said it expected the deal to improve its return on invested capital and add to adjusted earnings per share in 2018.. The repurchase program has been increased by $5 billion, bringing the total amount...

  • NEW YORK, Feb 9- Private equity firm Blackstone Group LP has agreed to acquire insurance broker Aon Plc's employee benefits outsourcing business for around $4.8 billion, people familiar with the matter said on Thursday. Blackstone prevailed over buyout firm Clayton Dubilier& Rice LLC in an auction for the benefits administration and human resources...

  • Feb 6- Advisory Board Co said it would explore strategic alternatives, including a sale of part or the entire company, weeks after activist investor Elliott Associates LP said the healthcare IT company's stock was "significantly undervalued." On Jan. 12, Elliott Associates LP, a unit of activist hedge fund Elliott Management Corp, disclosed an 8.3 percent stake in...

  • Feb 6- Advisory Board Co said on Monday it would explore strategic alternatives, including a sale of part or the entire company. The company provides research and software tools as well as consulting services to healthcare and education companies. Advisory Board's announcement comes three weeks after Elliott Associates LP, a unit of activist hedge fund...

  • CHICAGO, Jan 24- The U.S. Department of Agriculture said on Tuesday that an internal email sent to staff at its Agricultural Research Service unit this week calling for a suspension of public-facing documents, including news releases and photos, was flawed and that new guidance has been sent out to replace it. "This internal email was released without...

  • CHICAGO, Jan 24- The U.S. Department of Agriculture said on Tuesday that an internal email sent to staff at its Agricultural Research Service unit this week calling for a suspension of public-facing documents, including news releases and photos, was flawed and that new guidance would be issued to replace it. President Donald Trump has cast doubt on whether...

  • CHICAGO, Jan 24- The U.S. Department of Agriculture said on Tuesday that an internal email sent to staff at its Agricultural Research Service unit this week calling for a suspension of public-facing documents was flawed and that new guidance would be issued to replace it. "This internal email was released without Departmental direction, and prior to...

  • TOKYO, Jan 24- Blinking zirconium tiaras, engagement ring boxes equipped with spy-cams and diamond-dusted hourglasses were some of the most eye-catching items showcased among more than a thousand jewelry booths at Japan's biggest jewelry exposition on Tuesday. Japan's industrial equipment development company Tohkoo, for example, showcased a...

  • USDA DISAVOWS INTERNAL EMAIL TO AGRICULTURAL RESEARCH SERVICE.

  • Jan 23- Former Morgan Stanley executive Greg Fleming has joined asset management firm Axiom Capital Management, according to a regulatory filing, offering the first hint of what his life after Wall Street might look like. Fleming, who was once widely viewed as a possible successor to Morgan Stanley Chief Executive Officer James Gorman, will serve as a...

  • Jan 19- Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. The divestiture would undo much of Aon's 2010 acquisition of human resources services provider Hewitt Associates Inc for $4.9 billion,...

  • MUMBAI, Jan 15- Moving the head of Tata Consultancy Services to the top job at Tata Sons' holding company fills a critical hole for the salt-to-software conglomerate, but it leaves another at its most valuable company ahead of a complex and unpredictable 2017.. Indeed, for Tata Sons, promoting one-time Tata intern Chandrasekaran to chairman of the $100 billion...

  • Jan 12- Elliott Associates LP, a unit of activist hedge fund Elliott Management Corp, disclosed an 8.3 percent stake in Advisory Board Co, saying the company's stock was "significantly undervalued". Shares of Advisory Board, which provides research and software tools as well as consulting services to healthcare and education companies, shot up as much as 17.15...