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Industrials Commercial and Professional Services

  • Jan 19- Shares of ADT Inc fell 10 percent in their market debut, giving the home security products maker a valuation of $9.56 billion. Its offering of 105 million shares was priced at $14 apiece, below the expected $17 to $19 range, and raised $1.47 billion. ADT's shares opened at $12.65 on the New York Stock Exchange and hit a low of $12.50 in early trading.

  • NEW YORK, Jan 18- U.S. fund investors pulled $3.1 billion from high-yield "junk" bonds during the latest week, Lipper data showed on Thursday, offering new warning signs about risk appetite despite global markets' continuing triumph. "Most of the time we see equity markets rising and also high yield rising," said Tom Roseen, head of research services for Thomson...

  • Jan 18- ADT Inc, a provider of security monitoring services, said on Thursday that its initial public offering was priced at $14 per share, below the expected range of $17 to $19. The company's stock is expected to debut on Friday on the New York Stock Exchange under the symbol "ADT." Handling about 15 million alarms annually, the company is the largest player in the...

  • Since Congress implemented the modern budget process in the mid-1970s, there have been 18 gaps in government funding, according to the Congressional Research Service, but not all resulted in government shutdowns. Nov. 14 to 18, 1995: This was the first of two government shutdowns that occurred after Democratic President Bill Clinton vetoed spending...

  • BOSTON— The founder of global consulting and private equity businesses bearing his name who helped drive the career of former Republican presidential nominee Mitt Romney has died. He founded Bain& Co., a corporate strategy consulting firm in 1973, and in 1984 founded the private equity firm Bain Capital. "Bill's enduring influence is as vibrant today as when he...

  • NEW YORK, Jan 18- Goldman Sachs Group Inc has led a $38 million investment round by large banks in Visible Alpha, a young New York- based company that helps investment managers better value the equity research services they receive from brokers. It is among a growing group of financial technology companies that are hoping to take advantage of regulatory changes...

  • Since Congress implemented the modern budget process in the mid-1970s, there have been 18 gaps in government funding, according to the Congressional Research Service, but not all resulted in government shutdowns. Nov. 14 to 18, 1995: This was the first of two government shutdowns that occurred after Democratic President Bill Clinton vetoed spending...

  • LAS VEGAS— On a recent evening in Las Vegas during the CES technology show, robot strippers offered a window into technology's gender fault lines— not to mention our robot future. From a distance, the mechanical humanoids on a strip-club stage looked something like real dancers in robot drag. "I see robotic strippers and I see half-naked women on the showroom floor...

  • MUMBAI/ BENGALURU, Jan 11- Tata Consultancy Services Ltd, India's top IT services firm, said its insurance services business would soon post faster growth thanks to higher client spending but remained cautious on a turnaround in its key banking segment. "We're very optimistic about a faster and stronger turnaround in insurance," Chief Executive Rajesh...

  • Jan 11- Tata Consultancy Services Ltd, India's biggest software services exporter, on Thursday reported lower third-quarter profit, hit by weakness in the banking and financial services sector. TCS is the first of India's listed software services exporters to report earnings for October-December and its numbers set the tone for the results season for the...

  • PARIS, Jan 9- French services and catering group Sodexo has signed a global partnership deal with Huawei, in the latest major Chinese contract for a French blue-chip company struck during President Emmanuel Macron's trip to China. The companies said in a joint statement that Sodexo Chairwoman Sophie Bellon and Huawei Chairwoman Sun Yafang had signed a 5- year...

  • LONDON, Jan 4- Robey Warshaw, the small boutique advisory firm that has worked on some of Britain's biggest deals, saw its annual profits soar 73 percent to more than 60 million pounds, according to a company filing. The firm, founded by veteran investment bankers Sir Simon Robey, Simon Warshaw and Philip Apostolides in 2013, has quickly established itself as one of...

  • *As Beijing's conditions improve, New Delhi continues to worsen. BEIJING, Dec 29- Beijing may have turned a corner in its battle against the city's notorious smog, according to Reuters calculations, and environmental consultants say the Chinese government deserves much of the credit for introducing tough anti-pollution measures. "The improvement in air...

  • *As Beijing's conditions improve, New Delhi continues to worsen. BEIJING, Dec 29- Beijing may have turned a corner in its battle against the city's notorious smog, according to Reuters calculations, and environmental consultants say the Chinese government deserves much of the credit for introducing tough anti-pollution measures. "The improvement in air...

  • *As Beijing's conditions improve, New Delhi continues to worsen. BEIJING, Dec 29- Beijing may have turned a corner in its battle against the city's notorious smog, according to Reuters calculations, and environmental consultants say the Chinese government deserves much of the credit for introducing tough anti-pollution measures. "The improvement in air...

  • *As Beijing's conditions improve, New Delhi continues to worsen. BEIJING, Dec 29- Beijing may have turned a corner in its battle against the city's notorious smog, according to Reuters calculations, and environmental consultants say the Chinese government deserves much of the credit for introducing tough anti-pollution measures. "The improvement in air...

  • Dec 21- Two consulting firms hired to help the United States police ZTE Corps compliance with trade sanctions have resigned, according to four people familiar with the matter. Guidepost Solutions and Larkin Trade International were hired in June by the U.S. monitor in charge of the oversight regime- Texas lawyer James Stanton- to help assess the companys...

  • Dec 21- Consulting and outsourcing services firm Accenture Plc's quarterly earnings and revenue topped Wall Street forecasts, as investments in fast-growing digital and cloud services paid off. Shares of Accenture, which have risen about 30 percent this year, rose 4 percent to a record high of $157.93 in on Thursday morning. "The primary driver of our growth in...

  • Dec 21- Accenture Plc, a provider of consulting and outsourcing services, reported a rise of about 12 percent in quarterly net revenue as it benefited from its investments in digital and cloud services. Net income for diluted earnings per share calculation rose to $1.17 billion, or $1.79 per share, in the first quarter ended Nov.30 from $1.05 billion, or $1.58 per...

  • TOKYO, Dec 21- Japan's Nikkei share average slipped on Thursday, taking its cue from losses on Wall Street, with weakness seen in retail and real estate sectors. Japan's Pasona Group Inc was up 12 percent at the end of morning trading after touching a record high. The staffing company on Wednesday hiked its operating profit forecast for the six months through Nov. 30.