Commercial and Professional Services


  • 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.

  • Oct 21- ManpowerGroup Inc, the world's third-largest staffing company, reported a 50 percent jump in quarterly profit, helped by improved hiring in Europe and cost-cutting measures. The net income rose to $94.7 million, or $1.18 per share, in the third quarter, from $63.1 million, or 79 cents per share, a year earlier.

  • 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.

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