Commercial and Professional Services


  • Smaller discounts, higher costs hit Vistaprint results Tuesday, 29 Apr 2014 | 5:14 PM ET

    April 29- Online printing services provider Vistaprint NV reported lower-than-expected quarterly revenue due to lower customer additions as it shifts from offering deep discounts. Net income more than halved to $1.4 million, or 4 cents per share, in the third quarter ended March 31 from $5.9 million, or 17 cents per share, a year earlier.

  • April 23- Manpower Group Inc's quarterly profit almost tripled, helped partly by improved hiring in Europe and lower selling and administrative costs. The world's third-largest staffing company said its net income rose to $70.1 million, or 86 cents per share, in the first quarter ended March 31, from $23.9 million, or 31 cents per share, a year earlier.

  • April 22- The federal judge overseeing Detroit's historic bankruptcy case tapped a top restructuring official at Phoenix Management Services on Tuesday to help the court determine if the city's plan to adjust its $18 billion of debt is feasible.

  • April 17- With the Chicago weather finally getting a little nicer, Chris Anderssen wanted to grill some burgers outside for a group of family and friends. Retail beef and pork prices reached all-time highs last month, according to Bill Hahn, agricultural economist at the U.S. Department of Agriculture's Economic Research Service.

  • *Announces 10 pct wage hike for India staff, higher than rival Infosys. MUMBAI, April 16- Tata Consultancy Services Ltd, India's largest IT services exporter, expects a further rise in revenue growth in the new financial year, it said on Wednesday, after reporting a better than expected 51.5 percent increase in the last three months.

  • April 10- AlixPartners, a leading business turnaround advisory firm, sued two former managing directors on claims they breached employment contracts and stole trade secrets after they jumped to consulting firm McKinsey& Co..

  • AlixPartners sues consultants who jumped to McKinsey Thursday, 10 Apr 2014 | 2:41 PM ET

    April 10- AlixPartners, a leading business turnaround advisory firm, sued two former managing directors for breaching employment contracts and stealing trade secrets after they jumped to consulting firm McKinsey& Co..

  • Puerto Rico hires third U.S. restructuring firm Thursday, 10 Apr 2014 | 12:26 PM ET

    The bank has hired West Palm Beach, Florida- based FTI Consulting, a global advisory firm that includes restructuring and turnaround experts.

  • April 10- Payroll processor Automatic Data Processing Inc said its board had approved a tax-free spinoff of its dealer services business into an independent publicly traded company.

  • NEW YORK, April 9- It may sound like something you would train your dog to do, but the "reverse rollover" is a maneuver that more retirement-minded workers should try. Currently, 69 percent of company 401 plans allow workers to bring IRA money to them, according to the Plan Sponsor Council of America, an employer group.

  • "Companies are really digging in on identifying what areas it makes sense to focus their benefits programs," said Robert Newbury, director at pay consulting firm Towers Watson.

  • Synnex results beat estimates as IT spending rises Thursday, 3 Apr 2014 | 6:35 PM ET

    April 3- Hardware distributor Synnex Corp reported better-than-expected quarterly results as it benefited from higher spending on information technology and the acquisition of International Business Machines Corp's customer-care business process outsourcing operations.

  • SAN FRANCISCO, April 3- Nest Labs Inc, the maker of smart thermostats that Google Inc acquired for $3.2 billion, called a halt to all sales of its smoke alarms on Thursday after it discovered a possible defect that could cause users to turn it off unintentionally.

  • Morningstar Says Client Data May Have Been Leaked Saturday, 6 Jul 2013 | 5:29 PM ET

    Morningstar said personal information, including credit-card details, of about 2,300 customers may have been compromised due to a security breach last year.

  • How Wal-Mart Stores Got a Foothold in India's Market Wednesday, 5 Dec 2012 | 3:45 AM ET
    Wal-Mart signage is seen in the parking lot of the store in Mexico City, Mexico.

    Wal-Mart entered India's supermarket sector in 2010 with a $100 million bet on a consultancy with no employees, no profits, and a scant $14,000 in revenue.