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Industrials Commercial and Professional Services

  • WASHINGTON, Aug 24- Taser International Inc, the maker of police stun guns, has defended the safety of its weapon by spending millions on company-sponsored studies and cultivating close ties with police, medical examiners and consultants, a Reuters examination found. The result is a thicket of intersecting relationships among police, coroners and a wide...

  • WASHINGTON, Aug 23- One of the biggest commercial threats to Taser Internationals signature weapon could come from a lawsuit the company won. The decision prompted cities in the five-state region from Maryland to South Carolina to adopt new restrictions. There, Jinia Lopez took her 43- year-old brother Ronald Armstrong to a hospital after he tried to poke a...

  • WASHINGTON, Aug 23- U.S. police departments and municipalities have faced at least 435 wrongful death suits involving Tasers, leading to at least $172 million in publicly funded payouts to estates and families of those who died, a Reuters examination found. As Taser International Inc has issued increasingly expansive warnings about the risks associated with...

  • Taser International, the manufacturer, was named as a defendant in 128 cases. There were three lawsuits, from 1983 to 1987, against Taser Industries Inc, a business Taser International acquired in 2003. Reuters conducted hundreds of interviews with current and former police officials, lawyers involved in lawsuits involving Tasers, academics and other...

  • ONTARIO, California, Aug 22- As her husband stalked around the back yard, upending chairs and screaming about demons, Nancy Schrock knew he was unraveling fast. It was 10:24 p.m. on a Thursday in June 2012. Nancy took them through the house to the back; Santiago Mota, a veteran cop, drew his Taser.

  • WASHINGTON, Aug 22- More than 1,000 people in the U.S. have died after police stunned them with Tasers, and the stun gun was ruled to be a cause or contributing factor in 153 of those deaths, a Reuters examination found. In the most thorough accounting to date of fatal police encounters involving the paralyzing stun guns, Reuters found that nine in 10 of those who died...

  • Aug 21- Automatic Data Processing Inc on Monday rejected billionaire investor William Ackman's three proposed board candidates, sparking more criticism from the hedge fund manager who is trying to shake up the human resources outsourcing firm. The latest salvos from both sides all-but-guarantee a proxy battle that could become one of the season's...

  • BOSTON/ NEW YORK, Aug 17- Billionaire activist investor William Ackman on Thursday said Automatic Data Processing Inc's stock price could double in the next five years if the human resources outsourcing company cuts costs, streamlines its business and invests in technology upgrades. Ackman's hedge fund Pershing Square Capital Management owns 8.3 percent...

  • BOSTON/ NEW YORK, Aug 17- Billionaire activist investor William Ackman on Thursday said Automatic Data Processing Inc's stock price could double in the next five years if the human resources outsourcing company cuts costs, streamlines its business and invests in technology upgrades. Ackman's hedge fund Pershing Square Capital Management owns 8.3 percent...

  • BOSTON/ NEW YORK, Aug 17- Activist investor William Ackman on Thursday laid out his hedge fund's goals for Automatic Data Processing Inc, saying the human resources outsourcing company needs to streamline its business and invest in technology upgrades. Ackman's Pershing Square Capital Management disclosed earlier this month an 8 percent stake in the $50...

  • BOSTON/ NEW YORK, Aug 17- Activist investor William Ackman laid out his case for changes at Automatic Data Processing Inc on Thursday, saying the payroll processor needs to improve its profit margins and integrate its business lines. Ackman's hedge fund Pershing Square Capital Management disclosed earlier this month an 8 percent holding in the $50 billion U.S....

  • Aug 14- Activist investor Pershing Square Capital Management LP said on Monday the chief executive of Automatic Data Processing Inc had "unfairly characterized" their interactions in an effort to make the hedge fund's requests "appear unreasonable". Pershing, led by billionaire investor William Ackman, said on Monday it had not sought effective control of ADP...

  • NEW YORK, Aug 10- The CEO of Automatic Data Processing Inc slammed investor William Ackman on Thursday, likening the hedge fund manager to a "spoiled brat," and skewering the billionaire's research efforts into the payroll processor. ADP CEO Carlos Rodriguez, in an interview with CNBC, called his interactions with Ackman "baffling and surreal."

  • ZURICH, Aug 10- Adecco shares fell 5 percent on Thursday after its results lagged rivals Randstad and Manpower as a Brexit hiring slowdown hit revenues from IT and finance workers in Britain. The Swiss recruitment firm reported a 1 percent rise in net profit to 192 million euros in the three months ended June 30, just missing the average analyst estimate of 194...

  • Sales rose to 5.97 billion euros from 5.7 billion euros a year earlier, just below expectations of 6.03 billion euros. Chief Executive Alain Dehaze highlighted France, Iberia, Italy and the Benelux countries as strong performers. But revenues from North America and Britain and Ireland fell during the quarter as industrial and office staffing struggled.

  • Aug 9- Wall Street is set to pay its fixed income traders smaller bonuses this year than initially expected, according to a report by a consulting firm. Employees in the U.S. fixed income industry are expected to receive up to a 5 percent bump in bonuses this year, compensation consulting firm Johnson Associates said in its report on Wednesday.

  • Aug 7- Pershing Square Capital Management LP proposed three nominees on Monday, including its Chief Executive Officer William Ackman, to serve on the board of Automatic Data Processing Inc, setting the stage for a proxy contest with the human resources outsourcing company. Pershing Square, which has accumulated an 8 percent stake in ADP, said it would put...

  • Aug 7- Pershing Square Capital Management LP proposed three nominees on Monday, including its CEO William Ackman, to serve on the board of Automatic Data Processing Inc, setting the stage for a proxy contest with the human resources outsourcing company. Pershing Square, which has accumulated an 8 percent stake in ADP, said it would put forward Ackman, 51, former...

  • Aug 4- Billionaire investor William Ackman on Friday said his hedge fund had taken an 8 percent stake in Automatic Data Processing Inc and plans to ask for board seats so he can push the U.S. human resources outsourcing company to cut costs and improve its returns. Ackman's move on ADP, which has a market value of about $50 billion, comes as the leader of Pershing...

  • Aug 4- Automatic Data Processing Inc said on Friday it had rejected a call from William Ackman's activist hedge fund Pershing Square Capital Management LP for more time in his bid to gain control of the U.S. human resources outsourcing company. Ackman requested that ADP extend its Aug. 10 deadline for nominating directors by 30 to 45 days, which the company...