Commercial Services and Supplies


  • Online payroll processor TriNet's shares rise in debut Thursday, 27 Mar 2014 | 10:02 AM ET

    March 27- Shares of cloud-based payroll processor TriNet Group Inc rose as much as 16 percent in their market debut, valuing the company at about $1.26 billion. TriNet's shares opened at $18.50 on the New York Stock Exchange on Thursday. JP Morgan, Morgan Stanley and Deutsche Bank were lead underwriters to the offering.

  • March 27- Accenture Plc, recently chosen as the lead contractor for the Obamacare enrollment website, reported a smaller-than-expected 1 percent rise in quarterly revenue due to lower demand in its consulting business.

  • March 26- Cloud-based payroll processor TriNet Group Inc said it priced its initial public offering at $16 per share, valuing the company at about $1.09 billion.

  • *Sale could raise $10- $20 billion- analysts. HONG KONG, March 24- State-run oil giant China Petroleum and Chemical Corp aims to wrap up the sale of up to 30 percent of its sprawling marketing buiness in the third quarter of this year, a restructuring analysts say could raise $10- $20 billion.

  • *Shares open at $31, above IPO price of $17. Paylocity's shares opened at a high of $31, valuing the company 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.

  • 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.

  • 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.

  • ISM Non-Manufacting Index 54.4 in March     Wednesday, 3 Apr 2013 | 10:00 AM ET

    CNBC's Rick Santelli has the latest survey numbers from the nation's purchasing and supply executives.

  • Retailers Settle 'Faux Faux Fur' Flap. Got That? Wednesday, 20 Mar 2013 | 11:42 AM ET

    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.

  • Industries Hit Hardest by the Recession Friday, 1 Jun 2012 | 11:14 AM ET
    Most economists now agree that the worst part of the recession is over, and we’re officially in sluggish recovery mode. No one can say for sure when things will finally return to normal, but enough time has passed that an analysis of the data from the downturn’s lowest point is possible.For many industries, that point took place in 2009 and 2010. It was a brutal period for most businesses, and many struggled simply to tread water. But others were hit hard, and they offer a unique view into what

    Using data provided by the financial information firm Sageworks, CNBC.com shows which industries took the worst beating in 2009 and 2010.

  • Build Up Your Fastenal Shares?     Wednesday, 21 Dec 2011 | 2:33 PM ET

    Fastenal, a building supplier is trading at its highest levels since it went public in 1987. A look at the outlook for the company, with Hamzah Mazari, Credit Suisse analyst.

  • PetSmart Smart Investment?     Monday, 19 Dec 2011 | 2:21 PM ET

    PetSmart is soaring under the radar on Monday. Sean McGowan, Needham analyst, shares advice for investors on whether they should cash in on the stock.

  • US Economy Over the Worst: KPMG Executive Survey Monday, 28 Mar 2011 | 6:03 AM ET

    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.

  • Commercial Services and Supplies Slide Show Sunday, 1 Dec 2002 | 12:00 AM ET