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Commercial and Professional Services Commercial Services and Supplies

  • Crystallex is seeking to collect on a $1.4 billion award it won via a World Bank arbitration panel in 2016.. The company on Monday asked the United States District Court for the District of Delaware to attach shares in Delaware- based PDV Holding, a PDVSA subsidiary that owns of refining and marketing company Citgo Petroleum. Companies ranging from U.S. oil giant...

  • It's a simple message: Beware of racism in the United States. But Procter& Gamble took a calculated risk with its ad that features black mothers speaking to children about racial bias through the decades. "Brands just can't push their messages out there," said Luis Garcia, president and lead strategist of MarketVision, a San Antonio, Texas- based marketing firm.

  • Aug 10- News Corp on Thursday reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal grapples with a declining demand for advertising in the print industry. The first quarter should benefit from higher prices for Dow Jones subscriptions as well as increased cover prices in the UK and Australia, the company said on a...

  • MILWAUKEE— Two business partners are looking to bring Midwest Express airline back to Milwaukee. The Milwaukee Journal Sentinel reported Wednesday that Curt Drumm, an aviation consultant from Manitowoc, and Greg Aretakis, a former Midwest Airlines and Frontier Airlines executive, are seeking investors and potential employees as part of their effort to...

  • 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.

  • CARMEL, Ind. _ KAR Auction Services Inc. on Tuesday reported second-quarter earnings of $57.2 million. KAR Auction Services expects full-year earnings in the range of $2.15 to $2.25 per share. KAR Auction Services shares have dropped roughly 5 percent since the beginning of the year.

  • WASHINGTON _ The Advisory Board Co. on Tuesday reported second-quarter earnings of $14.7 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. Advisory Board expects full-year earnings in the range of $1.80 to $2.10 per share, with revenue in the range of $780 million to $840 million.

  • 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...

  • NEW YORK— A liberal advocacy group that targeted Glenn Beck and Bill O'Reilly for advertiser boycotts in the past now has its sights set on Fox News Channel's Sean Hannity. The group is setting up a stophannity.com website and plans to hire a plane to carry an anti-Hannity banner in the New York area. His Fox show "really has moved beyond just being a conservative...

  • 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...

  • *Q2 net loss widens on $132 mln charge. Pandora now expects its full-year revenue to range between $1.45 billion and $1.50 billion, compared with its previous forecast of $1.50 billion to $1.65 billion. The company continues to pull in advertisers despite competition from Sweden's Spotify, Apple Inc's Apple Music, Google's Play Music and Amazon.com Inc's...

  • SAN FRANCISCO, July 28- Quarterly results from Alphabet Inc and Facebook Inc provided fresh evidence this week that the digital advertising market is effectively a duopoly, a dynamic with deep implications for two of Silicon Valley's titans. This year, the Big Two in internet advertising are expected to take half of all revenue worldwide, and more than 60...

  • July 26- Facebook Inc's mobile advertising business grew by more than 50 percent in the second quarter, the company said in its earnings report on Wednesday, as the social network continued to establish itself as the venue of choice for an ever-growing array of online advertisers. Shares in Facebook, owner of four of the most popular mobile services in the world,...

  • The company's shares were up 1.4 percent at $168 after the bell. Facebook said about 2.01 billion people were using its service monthly as of June 30, up 17 percent from a year earlier. Net income attributable to Facebook shareholders rose to $3.89 billion, or $1.32 per share, in the second quarter ended June 30 from $2.28 billion, or 78 cents per share, a year earlier.

  • Net income attributable to Facebook shareholders rose to $3.89 billion, or $1.32 per share, in the second quarter ended June 30 from $2.28 billion, or 78 cents per share, a year earlier. Total revenue rose 44.8 percent to $9.32 billion. Mobile ad revenue accounted for 87 percent of the company's total advertising revenue of $9.16 billion, up from 84 percent a year...

  • July 25- Advertising company Interpublic Group on Tuesday reported surprisingly weak quarterly results, hurt by tepid client spending in the United States. Shares of New York- based Interpublic, one of the world's "Big Four" advertising companies, plunged as much as 16 percent after the company also said it expects annual organic revenue growth at the low end of...

  • Chief Executive Michael Roth said in a statement. However, revenue from the United States, which contributes the bulk of Interpublic's total revenue, fell slightly to $1.16 billion in the second quarter ended June 30. "were surprisingly weak," Pivotal Research Group analyst Brian Wieser said.