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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.
*Says will pay 500,000 euros to charity. STOCKHOLM, Aug 22- Volvo Cars Chief Executive Hakan Samuelsson has struck deals with German prosecutors and his former employer, truckmaker MAN SE, to settle an investigation into corruption during his time with the German company.
ZURICH, Aug 8- European labour markets have reached a turning point, world No. 1 staffing firm Adecco said on Thursday, as it beat second-quarter profit expectations and saw its shares surge to a two-and-a-half year high.
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.
FRANKFURT, Oct 4- German carmaker Volkswagen. Volkswagen, Europe's biggest carmaker and on course to overtake U.S. rival General Motors this year as the world's second-biggest carmaker, aims to sell 10 million vehicles by 2018, up from the 8.36 million recorded last year. The figure includes those made by truck units MAN and Scania.
Cramer shares six stocks to watch, and reveals them in under 60 seconds, including Manpower, Kinder Morgan, Yahoo, Intel and McDonald's.
Jeffrey Joerres, Manpower Group president/CEO with a look at the U.S. jobs market and what it will take to get Americans back to work.