Kelly Services Inc. class A rose$. 21 or. 9 percent, to $23.00. Korn/Ferry International Inc. rose$. 47 or 2.0 percent, to $24.38. ManpowerGroup rose$. 67 or. 8 percent, to $81.68.» Read More
*Earnings beats for ING, Adecco give new momentum to rally. LONDON, Nov 6- European shares hit five-year highs on Wednesday after estimate-beating results from financial conglomerate ING and staffing firm Adecco gave fresh impetus to their largely stimulus-driven rally.
*Backed by PE firms Francisco Partners, Sequoia Capital. Campbell, California- based Barracuda's shares opened at $22.20 and touched a high of $23.77 in morning trading, valuing the company at $1.19 billion. Its rivals include Symantec Corp, Check Point Software Technologies Ltd, CommVault Systems Inc and Intel Corp's McAfee unit.
Nov 6- Shares of Barracuda Networks Inc, a data storage and security company, rose as much as 31 percent in their trading debut, valuing the company at about $1.18 billion. Barracuda's shares opened at $22.20 and touched a high of $23.61 on the New York Stock Exchange on Wednesday.
*Earnings beats for ING and Adecco boost sentiment. Results from Dutch banking and insurance group ING and Adecco, the world's No. 1 staffing agency, beat forecasts while cement major Lafarge confirmed debt reduction targets for this year and next. Shares in ING rose 4.4 percent, Adecco 3.7 percent and Lafarge was up one percent.
*ING, Adecco rally after beating earnings forecasts. Investors welcomed forecast-beating results from Dutch banking and insurance group ING and Adecco, the world's No. 1 staffing agency, while cement major Lafarge confirmed debt reduction targets for this year and next. ING, Adecco and Lafarge rose as much as 5.7 percent.
PARIS, Nov 6- European shares rose early on Wednesday, reversing the previous session's dip, with stocks expected to stay in tight ranges as uncertainty before a European Central Bank policy meeting kept investors on edge.
Nov 5- IT services firm Cognizant Technology Solutions Corp reported a better-than-expected 22 percent rise in quarterly revenue as businesses, especially financial firms and companies in Europe, outsourced more work and increased spending on consulting.
Nov 5- Cognizant Technology Solutions Corp reported a 15 percent rise in quarterly profit as businesses, especially financial firms, spent more on IT and consulting services. The company's net income rose to $319.6 million, or $1.05 per share in the third quarter, from $276.9 million, or 91 cents per share, a year earlier. Revenue rose 22 percent to $2.31 billion.
*ISS accounts for about 11 percent of MSCI's revenue. Oct 31- Stock market index provider MSCI Inc said on Thursday that it was exploring strategic options for its influential and controversial proxy advisory unit, Institutional Shareholder Services Inc..
Oct 30- PricewaterhouseCoopers said on Wednesday it agreed to buy Booz& Co., ratcheting up an aggressive move by large audit firms back into the lucrative consulting business more than 10 years after U.S. regulators tried to tease apart the two sectors.
Oct 30- Parexel International Corp's shares fell as much as 18 percent after the drug research services provider said it struggled to win new contracts when rivals reported strong results and raised their forecasts.
NEW YORK, Oct 30- If you have been waiting years for a decent raise, you will probably have to keep waiting- the average salary increase in the United States planned for 2014 will be only 2.9 percent, according to a Towers Watson survey. And rather than being shared equally, that raise will be aimed disproportionately at workplace stars.
Oct 30- Accounting and consulting firm PricewaterhouseCoopers said on Wednesday it struck a deal to buy corporate consulting firm Booz& Co, the latest in a string of mergers by global audit firms aimed at bulking up their fast-growing advisory businesses.
Oct 30- Accounting and consulting firm PricewaterhouseCoopers struck a deal to buy corporate consulting firm Booz& Co to bulk up its advisory and tax business. The companies said the deal is subject to approval from Booz& Co's partner vote, scheduled for December.
Oct 30- Automatic Data Processing Inc reported a 9 percent rise in quarterly profit due to higher revenue from its payroll-processing business as the U.S. job market improves. Net earnings from continuing operations rose to $328.6 million, or 68 cents per share, in the first quarter ended Sept. 30 from $302.5 million, or 63 cents per share, a year earlier.
Lynn Drake, a lecturer at Harvard Medical School and current chairwoman of the panel that advises the FDA on drugs to treat skin and eye conditions, is scheduled to speak at a conference whose stated aim is to help companies "walk away with strategies to successfully present before a committee and avoid potential roadblocks."
Oct 24- Xerox Corp forecast adjusted earnings for the current quarter below analysts' estimates as the company expects to take charges related to restructuring in its outsourcing business, sending its shares down 4 percent before the bell.
Oct 24- RR Donnelley& Sons Co said it will buy Consolidated Graphics Inc for about $620 million in a cash-and-stock deal, to expand its footprint in the commercial printing market. As per the deal, Consolidated Graphics shareholders will receive $34.44 in cash and 1.651 of RR Donnelley shares for each outstanding share of Consolidated Graphics they own.
The U.S. Securities and Exchange Commission said that Modern Portfolio Management Inc., Equitas Capital Advisers LLC, and Equitas Partners LLC would each pay financial penalties and hire compliance consultants to resolve the charges.
Oct 21- ManpowerGroup Inc, the world's No.3 staffing company, reported a 50 percent jump in quarterly profit due to cost-cutting and improved hiring trends in Europe, and forecast current-quarter profit above analysts' expectations.