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  • BARCELONA/ TORONTO, Feb 24- BlackBerry said on Wednesday that it has acquired U.K.- based cyber security consultancy Encription, moving the company deeper into the services business as it continues to morph into a more software-focused entity amid its ongoing turnaround. The smartphone industry pioneer, which is pivoting to focus more on security software and...

  • *4th- qtr adj profit $0.58/ shr vs est $0.66/ shr. "This acquisition is game changing for us," Time Chief Executive Joe Ripp said in a statement. Time, whose stable includes Sports Illustrated, People, Fortune and Time magazine, said Viant is expected to add about $100 million to its digital advertising revenue this year.

  • NEW YORK, Feb 5- Dismal sales outlooks from LinkedIn Corp and Tableau Software sent their shares crashing hard on Friday, reverberating through the technology sector. LinkedIn shares plunged as much as 43 percent, wiping out about $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far...

  • Feb 4- LinkedIn Corp forecast current-quarter profit and revenue below analysts' estimates, citing weakness in its recruitment services business in markets outside North America. LinkedIn forecast an adjusted profit of about 55 cents per share for the first quarter, way below the average analyst estimate of 74 cents, according to Thomson Reuters I/B/E/S.

  • WASHINGTON, Feb 3- Switching the disposal of weapons-grade plutonium to New Mexico from an existing South Carolina site could cost the U.S. government more than $20 billion and raise safety concerns, according to a new study commissioned by the firms building the current site. High Bridge, a consultant to the nuclear industry, in its report said disposal of...

  • LONDON, Feb 1- Financial services salaries are set to rise by 4.3 percent in both Asia and Latin America this year, almost double the average increase forecast for North America and Europe, research published on Monday showed. A survey by consulting firm Mercer found wage growth in the emerging market regions would outpace the 2.4 percent and 2.3 percent...

  • Jan 29- Xerox Corp said it would split into two companies, one holding its legacy hardware operations and the other its business process outsourcing unit. The printer and copier maker will give billionaire activist investor Carl Icahn, who holds an 8.13 percent stake, three seats on the board of the business process outsourcing company. Xerox, whose shares had...

  • Jan 28- Facebook Inc's market value soared by $38 billion in morning trading on Thursday, vaulting the company ahead of Amazon.com Inc, after the social networking service's quarterly results blew away expectations on every key measure. Facebook's stock jumped more than 14 percent to $107.95 after the company reported a blockbuster quarter on Wednesday,...

  • The jump in shares was set to add nearly $33 billion to Facebook's market value, putting the company on track to re-enter the $300 billion club. Piper Jaffray was the most bullish, raising its target to $170 from $155. The median target on the stock is $140, suggesting that Facebook could add $129 billion in market value over the next 12 months.

  • Jan 20- More U.S. companies could be classified as "joint employers" of workers employed by a staffing agency or contractor and held liable for labor violations tied to those staff, the U.S. Labor Department said in guidance published Wednesday. "As the workplace continues to fissure, and as employment relationships continue to become more tenuous and murky, we...

  • The Labor Department guidance could affect companies ranging from construction firms to restaurant chains that could be held responsible if, for instance, one of their temp or contract workers did not get minimum wage from his or her employer. The Labor Department issued a proposed rule last year that would more than double the maximum income a salaried...

  • WASHINGTON, Jan 20- The U.S. Supreme Court on Wednesday ruled against advertising firm Campbell-Ewald in a class action case, saying the lawsuit can proceed over claims the company violated a federal consumer law by sending unsolicited text messages on behalf of the U.S. Navy. In a 6-3 decision, the court upheld a ruling by the San Francisco- based 9th U.S. Circuit...

  • WASHINGTON, Jan 20- The U.S. Supreme Court on Wednesday ruled against advertising firm Campbell-Ewald in a class action case, saying the lawsuit can proceed over claims the company violated a federal consumer law by sending unsolicited text messages on behalf of the U.S. Navy. In a 6-3 decision, the court upheld a ruling by the San Francisco- based 9th U.S. Circuit...

  • LONDON, Jan 14- British shareholder advisory firm PIRC on Thursday recommended investors vote in favor of Royal Dutch Shell's $48 billion acquisition of BG Group later this month.

  • MUMBAI, Jan 12- Tata Consultancy Services Ltd is eyeing acquisitions in Europe as well as healthcare technology companies in the U.S. to boost growth, its chief executive said on Tuesday, as India's largest IT services exporter post a 12- percent rise in quarterly profit. India's export-driven outsourcing firms are betting on U.S. healthcare reform to fire up...

  • RIG-OL-USA- BHI> The remaining 516 rigs were the fewest since April 2010, according to the data, but few expect the slump to end there. "So long as the price for oil stays low, the rig count will continue to decline," said Arthur Gelber, founder and president of energy consulting and advisory firm Gelber and Associates in Houston. U.S. oil futures on Friday failed to draw...

  • NEW YORK, Jan 4- A former partner at consulting firm McKinsey& Co has been arrested on charges that he engaged in a scheme to submit fraudulent invoices and expenses to the company and clients, including State Farm, for more than $890,000. He was named in an indictment filed in federal court in Chicago along with a former internal State Farm consultant, Matthew...

  • NEW YORK, Jan 4- A former partner at the McKinsey& Co consulting firm has been arrested on charges that he engaged in a scheme to submit fraudulent invoices and expenses to the company and clients, including State Farm, for more than $999,000. He was named in an indictment filed in federal court in Chicago along with a former internal State Farm consultant, Matthew...

  • Freeport said Moffett, who had been appointed chairman emeritus, would be a consultant to its board and advise the company on its Indonesia operations, including Grasberg. Icahn, who owned 8.8 percent stake in Freeport as of Sept. 22, has criticized the miner's spending, capital structure and executive compensation at a time when the company is struggling with...

  • 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...