Kelly Services Inc. class A fell$. 62 or 3.5 percent, to $17.31. Korn/Ferry International Inc. fell$. 21 or. 7 percent, to $30.60. ManpowerGroup fell $1.05 or 1.3 percent, to $80.46.» Read More
U.S. companies' borrowing to spend on capital investment rose in August, the Equipment Leasing and Finance Association said. Washington- based ELFA, a trade association that reports economic activity for the $827 billion equipment finance sector, said credit approvals totaled 79.5 percent in August, down slightly from 80.3 percent in July.
Sept 22- Facebook Inc is set to unveil a new advertising platform to improve effectiveness of online ads, the Wall Street Journal reported on Monday citing people with knowledge of the matter. The product is a redesigned version of Atlas Advertiser Suite, an ad management and measurement platform that Facebook bought from Microsoft Corp last year.
Sept 11- Credit card processor Alliance Data Systems Corp said it will buy Conversant Inc for about $2.3 billion in cash and stock to boost its digital marketing business. The $35 per share offer comprises $16.80 in cash and the rest in stock, based on a fixed exchange ratio, Alliance Data said.
Sept 11- Credit card processor Alliance Data Systems Corp said it will buy digital marketing company Conversant Inc for about $2.3 billion in cash and stock. Alliance Data will acquire Conversant for $35 per share. The deal is expected to close by year end.
*Comes after a string of disappointing Tokyo debuts. TOKYO, Sept 10- Japan's largest recruitment company Recruit Holdings said it is planning an initial public offering worth $1.8 billion, which will test investor appetite for big Tokyo listings after some weak debuts this year.
TOKYO, Sept 10- Japan's largest recruitment company Recruit Holdings Co Ltd said it is planning an initial public offering worth 193 billion yen, one of the biggest listings in the country this year. Keen to offset a shrinking market in Japan, it has snapped up a slew of foreign companies in recent years, including online job search site Indeed.com.
*Facebook to open Africa office in 2015. Knowing that there is all these people now in Africa that you can connect with, that is exciting as well, "said Nicola Mendelsohn, Facebook's vice president for Europe, Middle East and Africa.
Amazon is planning to develop its own software for placing advertisements online, The Wall Street Journal reported.
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.
CNBC's Rick Santelli has the latest survey numbers from the nation's purchasing and supply executives.
Animal protection groups are applauding the settlement of federal claims that Neiman Marcus and two other retailers had marketed real fur as fake, The New York Times reports.
Using data provided by the financial information firm Sageworks, CNBC.com shows which industries took the worst beating in 2009 and 2010.
In another sign the American economy is on the comeback trail, a new survey from KPMG shows optimism is improving among U.S. manufacturing and service industry executives. Executives in both key sectors say the worst is behind us.