Treasurys held on to earlier losses after of the Treasury Dept's auction of five-year notes and seven-year debt and after the release of US GDP data.» Read More
Jan 30- ManpowerGroup Inc, the world's No.3 staffing company, said it expected revenue to be flat to up 2 percent in the current quarter, even after its quarterly profit doubled as hiring picked up in Europe. The company, which gets two-thirds of its revenue from Europe, said it remained "guarded" on revenue growth in the first quarter.
Jan 30- ManpowerGroup Inc, the world's No.3 staffing company, said its fourth-quarter profit nearly doubled, helped by improved hiring in Europe and cost-cutting measures. The company's net income jumped to $101.2 million, or $1.25 per share, in the fourth quarter, from $53.3 million, or 68 cents per share, a year earlier.
Adecco, the world's No. 1 staffing agency, beat expectations for third-quarter net profit and said it expects increasing demand for flexible labour in Europe as the region emerges from recession.
Take a look at some of Monday's midday movers:
U.S. stock index futures pointed to a narrowly lower open on Monday.
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.
Some of the names on the move ahead of the open.
Nathan Sawaya worked as an attorney for years, but the work just wasn't satisfying. So he ditched his job to pursue his art: creating sculptures from Legos. It's paying off.
If there is a catalyst looming in the distance that could send markets spiraling into a selling frenzy, most pros think it’s Europe.
More employers in the U.S. plan to hire workers next quarter than in any period since the fourth quarter of 2008, a survey by Manpower Group found.
American companies aspire European region to boost its profit in 2013 after years of weakness.
The "Mad Money" host revealed the list of sectors and stocks he recommends investors consider in the New Year.
David Arkless, President, Manpower Group tells CNBC that the employment picture in Europe is particularly bleak and that the region needs China to pick up.
Employers who need to hire but can’t find what they're looking for may have to cough up the money to train the best new hires.
NEW YORK, Nov 2- A ``wage scar'' caused by workers accepting lower pay could slow the pace of U.S. economic recovery for years to come, the chief executive of global staffing services company ManpowerGroup said on Fri day. ``You make a compromise and you're now making $25,000 and you used to make $30,000,'' Joerres said. ``That kind of follows you... throughout your career.
MILWAUKEE-- ManpowerGroup's third-quarter net income fell 21 percent as the staffing company's results continue to be pressured by softer foreign currencies. For the three months ended Sept. 30, ManpowerGroup earned $63.1 million, or 79 cents per share, down from $79.6 million, or 97 cents per share, in the prior-year period.
*Deutsche Bank raises MAN to buy from hold For a summary of rating actions and price target changes on European companies:. Reuters Eikon users, click on. Reuters Station users, click. 1580.
*JP Morgan raises Volvo AB price target to Sek 130 from Sek 118. *JP Morgan cuts Scania AB price target to Sek 151 from Sek 160. *JP Morgan cuts MAN price target to 81 euros from 83 euros.
*More than 137,000 temp jobs have been added in 2012. Oct 5- Businesses wary about the U.S. presidential election and the outlook for fiscal policy will probably hire temporary workers in the fourth quarter rather than full timers, a view that lifted staffing company shares on Friday.