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Commercial and Professional Services

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  • UPDATE 1-Applied Materials revenue beats estimates Thursday, 14 May 2015 | 5:20 PM ET

    May 14- Applied Materials Inc's quarterly revenue and profit beat market estimates due to increased demand for its chip equipment spares, consulting services and gear used to make display screens. Revenue in its applied global services business jumped 21 percent to $646 million in the second quarter ended April 26, Applied Materials said.

  • Computer Sciences to split up: Sources Thursday, 14 May 2015 | 2:21 PM ET
    A sign on the headquarters campus of Computer Sciences Corporation, also known as CSC in Falls Church, Virginia.

    Computer Sciences is planning to separate its government business from its commercial information technology division, sources said.

  • May 14- Technology consulting services provider Computer Sciences Corp is planning to separate its government business from its commercial information technology division, people familiar with the matter said on Thursday. The company's shares were up 4 percent at $67.18 in afternoon trading in New York, after earlier jumping as much as 7.1 percent.

  • May 14- Technology consulting services provider Computer Sciences Corp is planning to separate its government business from its commercial information technology division, people familiar with the matter said on Thursday. An announcement on CSC's plans could come as early as next week, when the company announces its fiscal 2015 earnings on May 19, the...

  • ZURICH, May 12- A major shareholder in Adecco, Milwaukee- based fund manager Artisan Partners, is calling on the staffing firm to change its mind over a new chief executive it announced last week, in comments made to Swiss newspaper Finanz und Wirtschaft. Shares in Switzerland's Adecco tumbled after it said CEO Patrick de Maeseneire was leaving and would be...

  • ZURICH, May 12- A major shareholder in Adecco, Milwaukee- based fund manager Artisan Partners, is calling on the staffing firm to change its mind over a new chief executive it announced last week, in comments made to Swiss newspaper Finanz und Wirtschaft. Shares in Switzerland's Adecco tumbled after it said CEO Patrick de Maeseneire was leaving and would be...

  • May 11- Apollo Global Management Llc is in talks to buy ASG Security and combine it with another home security company it is acquiring, Protection 1, valuing them collectively at about $2 billion, people familiar with the matter said on Monday. Beltsville, Maryland- based ASG was acquired by Parthenon Capital in 2007. At the time it was the 11th largest security...

  • May 6- Shares of Canadian security camera maker Avigilon Corp fell as much as 28.5 percent on the Toronto Stock Exchange on Wednesday after the company reported a big jump in research and development costs, raising concerns about 2015 earnings. BMO Capital Market also downgraded Avigilon to "market perform" from "outperform", saying the Vancouver- based...

  • NEW YORK, May 5- Brokerage BGC Partners Inc said on Tuesday it agreed to buy real estate consulting firm Computerized Facility Integration LLC for an undisclosed sum in an acquisition that highlights the growing need for companies to wring costs and boost efficiencies from a global network of corporate properties and facilities. The addition of CFI, which...

  • May 5- MarketCounsel, a regulatory compliance consulting firm, hired Loren Morris as director of strategic development and Bob Powell as director of special projects. Morris will join the firm from Cantor Fitzgerald, where he was partner and director of operations and advisor services. He has previously worked at Dynasty Financial Services, Charles Schwab...

  • Hacker claims to crack Master Lock combos under 2 minutes Wednesday, 29 Apr 2015 | 10:12 AM ET

    April 29- A hacker, known for unleashing a worm on the once-popular MySpace social network, said he has devised a technique to crack under two minutes any combination by Master Lock, a padlock company owned by Fortune Brands Home& Security Inc.. Samy Kamkar, best known for the 2005 "Samy" worm, posted a video on his Twitter page explaining the technique, which involves...

  • LOS ANGELES, April 22- As McDonald's Corp prepares yet another plan to revive its business, company watchers have the following advice: reconnect with lower income consumers who remain faithful to the brand, improve wages and ease the financial burden on operators. Steve Easterbrook, the company's new chief executive, on May 4 will announce his plan to reinvent...

  • U.S. audit, consulting firm KPMG names first woman CEO Tuesday, 21 Apr 2015 | 9:40 AM ET

    NEW YORK, April 21- KPMG LLP has named Lynne Doughtie, head of the firm's advisory and consulting business, as its U.S. chairman and chief executive officer, the second woman this year to be tapped as CEO of a major U.S. accounting and consulting firm. Effective July 1, Doughtie, 52, will replace John Veihmeyer, whose five-year term as U.S. chairman and CEO ends on June 30,...

  • April 21- Hints that U.S. regulators could veto Comcast Corp's proposed $45 billion takeover of Time Warner Cable Inc have investment bankers worried about whether they will get paid, with smaller advisory firms particularly on edge. Boutique investment banks such as Allen& Company, Centerview Partners and Paul Taubman's PJT Partners have limited resources...

  • FireEye Inc, a prominent U.S. security company, said the espionage effort took advantage of holes in Adobe Systems Inc's Flash software for viewing active content and Microsoft Corp's ubiquitous Windows operating system. FireEye has been assisting the agencies probing those attacks, but it said it could not comment on whether the spies are the same ones who...

  • April 16- Tata Consultancy Services Ltd has been sued by a white American information technology worker who accused India's largest software services exporter of overwhelming favoritism toward workers of South Asian descent in the United States. In a complaint filed on Tuesday in San Francisco federal court, Steven Heldt said 95 percent of Tata's 14,000-...

  • UPDATE 1-Sodexo keeps goals after H1 profit rises Thursday, 16 Apr 2015 | 3:04 AM ET

    PARIS, April 16- French catering, facilities management and vouchers group Sodexo kept its full-year goals on Thursday after operating profit rose 8.6 percent in the first half, helped by cost cuts and new contracts in North America and emerging economies. Sodexo, which manages canteens and facilities for office workers, armed forces, schools, hospitals and...

  • TORONTO, April 10- Proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against Barrick Gold Corp's executive pay plan, the second influential advisor to find fault with the company's compensation scheme. A 36 percent jump in Executive Chairman John Thornton's compensation, to $12.9 million in 2014 from $9.5...

  • *Canon says set to secure 76 percent of Axis. *Offer period extended to April 21. TOKYO, April 8- Canon Inc said it was extending the offer period for its proposed $2.7 billion takeover of Swedish video-surveillance firm Axis AB after falling short of its ownership goals, but stressed it would not be raising its bid.

  • NEW YORK, April 1- U.S. private employers added 189,000 jobs last month, below economists' expectations and the lowest since Jan. 2014, a report by a payrolls processor showed on Wednesday. February's private payrolls were revised up to an increase of 214,000 from the previously reported 212,000. The manufacturing sector in March showed a decrease of 1,000 jobs,...