Commercial Services and Supplies


  • March 19- Shares of Paylocity Holding Corp rose as much as 80 percent in their market debut, valuing the online payroll services provider at about $1.55 billion. The Illinois- based company raised about $120 million after its initial public offering was priced at $17 per share, slightly above the expected pricing range of $14- $16.

  • NEW YORK, March 12- Over the next decade, Wall Street banks will cut in half the proportion of support staff they have in pricey cities like New York and London and shift those workers to less expensive cities in the developing world, according to a projection by consulting firm Johnson Associates Inc..

  • ZURICH, March 12- A nascent economic recovery in Europe helped Adecco, the world's largest staffing agency by sales, beat fourth-quarter profit forecasts and increase revenue for the first time in seven quarters.

  • WASHINGTON, March 6- The U.S. company that handles public relations for Russia in the United States distanced itself on Thursday from the Ukraine crisis, saying that it advises the Kremlin largely on economic development, not foreign policy.

  • Feb 27- Salesforce.com Inc raised its full-year revenue forecast and said it aims to improve its adjusted operating margin, after quarterly revenue grew more than expected on strong sales at ExactTarget, an email marketing firm it acquired in June.

  • RPT-Salesforce.com revenue beat estimates Thursday, 27 Feb 2014 | 4:59 PM ET

    Feb 27- Salesforce.com Inc, the world's biggest maker of online sales software, reported a better-than-expected 37 percent rise in quarterly revenue helped by strong sales at its newly acquired email marketing firm ExactTarget. The company also said Graham Smith, chief financial officer since 2008, will retire in March 2015.

  • BARCELONA, Feb 27- Fierce competition in the global advertising industry forced Britain's WPP to lower its profit guidance for 2014 on Thursday, wiping more than a billion pounds off its share price and overshadowing its improving trading throughout 2013..

  • BARCELONA, Feb 27- Fierce competition within the advertising industry forced Britain's WPP to lower its margin guidance for 2014, wiping over a billion pounds off its share price and taking the shine off an acceleration in trading through 2013.. WPP's forecast of organic revenue growth of over 3 percent for 2014 was also seen as below expectations.

  • Feb 25- U.S. companies borrowed more in January to spend on capital investment, the Equipment Leasing and Finance Association said.

  • *Abu Dhabi property market recovery as fast as Dubai's. ABU DHABI, Feb 19- For years, Abu Dhabi's real estate market has paled next to its more dynamic, glamorous rival in neighbouring Dubai. Prime residential sale prices in Abu Dhabi jumped 25 percent and rentals climbed 17 percent in 2013, real estate advisory firm Jones Lang LaSalle estimated.

  • Feb 14- Interpublic Group of Cos, the no. 2 U.S. advertising company, reported a 3 percent rise in quarterly revenue, mainly helped by growth in its domestic market. Interpublic, which counts Amazon.com Inc and General Motors Co's Cadillac as customers, also said it was targeting 3-4 percent organic revenue growth this year.

  • Feb 14- Interpublic Group of Cos, the No. 2 U.S. advertising agency, reported a 3 percent rise in quarterly revenue, mainly helped by growth in the United States. Net income fell to $193.1 million, or 44 cents per share, from $313.3 million, or 68 cents per share. Interpublic said it took a pretax restructuring charge of about $60.6 million in the quarter.

  • UPDATE 1-Publicis posts weak Q4 on emerging markets Thursday, 13 Feb 2014 | 1:59 AM ET

    PARIS, Feb 13- Advertising agency Publicis fell short of its annual growth target after a slowdown in emerging markets such as China and India caused the fourth quarter to end with a whimper.

  • Mozilla plans to sell ads in Firefox browser Wednesday, 12 Feb 2014 | 12:19 PM ET

    SAN FRANCISCO, Feb 12- Mozilla, the company behind the Firefox Internet browser, will start selling ads as it tries to grab a larger slice of the fast-expanding online advertising market.

  • Feb 11- Omnicom Group Inc, the largest U.S. advertising company, reported a better-than-expected 2.9 percent increase in revenue, helped mainly by growth in its international markets. Omnicom's shares rose 4 percent in premarket trading on Tuesday.

  • Omnicom's revenue rises as ad sales increase Tuesday, 11 Feb 2014 | 7:19 AM ET

    Feb 11- Omnicom Group Inc, the largest U.S. advertising company, reported a 2.9 percent rise in quarterly revenue, helped mainly by growth in its international markets. Omnicom's net income available to common shares was $300.5 million, or $1.13 per share, for the fourth quarter ended Dec. 31 compared with $307.1 million, or $1.13 per share, a year earlier.

  • UPDATE 1-Payroll processor ADP's results beat estimates Wednesday, 5 Feb 2014 | 8:38 AM ET

    *2nd- quarter EPS from cont. ops 78 cents vs est 77 cents. Feb 5- Automatic Data Processing Inc reported better-than-expected second-quarter results due to higher revenue from its payroll-processing business as the U.S. job market recovers.

  • Cetip scraps plan to create Brazil bourse -newspaper Friday, 31 Jan 2014 | 2:48 PM ET

    SAO PAULO, Jan 31- Cetip SA Mercados Organizados, Brazil's largest securities clearinghouse, dropped plans to create a local bourse or help ATS Brasil clear and settle cash equities trades when it sets up an exchange in coming months, newspaper Valor EconĂ´mico reported on Friday.

  • BEIJING, Jan 30- U.S. consultancy ICF International has won a 5- million euro contract to help the European Union advise China, the world's biggest carbon-emitting nation, on designing a national emissions trading scheme.

  • Yahoo makes Webb permanent chairman Friday, 16 Aug 2013 | 8:31 PM ET

    Yahoo named former eBay executive Maynard Webb as its permanent chairman. The move comes as CEO Marissa Mayer's turnaround effort hits the one-year mark.