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Commercial and Professional Services Commercial Services and Supplies

  • NEW YORK, May 24- Five men, including a Washington political consultant and a federal employee, were criminally charged on Wednesday with engaging in an insider trading scheme based on leaks from within a federal healthcare agency. Federal prosecutors in Manhattan announced the arrests of political consultant David Blaszczak, founder of Precipio Health...

  • May 24- Borrowing by U.S. companies to spend on capital investment rose 8 percent in April, the Equipment Leasing and Finance Association said. Companies signed up for $7.9 billion in new loans, leases and lines of credit last month, the Washington- based trade group said. It is designed to complement the U.S. Commerce Department's durable goods orders report, which...

  • NEW YORK, May 24- Five men, including a Washington, D.C. political consultant and a federal employee, were criminally charged on Wednesday with engaging in an insider trading scheme based on leaks from within a federal healthcare agency. Federal prosecutors in Manhattan on Wednesday announced the arrest of political consultant David Blaszczak, founder of...

  • May 16- Facebook Inc said on Tuesday it would refund some advertisers after finding a bug that wrongly attributed video carousel ad clicks as clicks to the advertisers' websites. When users tried to expand and watch the video carousel on the mobile web browser, the bug inadvertently directed the click to the advertiser's website, leading to incorrect billing,...

  • French tycoon Vincent Bollore took a first step on Thursday in his attempt to merge media giant Vivendi and advertising company Havas, two groups he controls through his family-run conglomerate.

  • SINGAPORE, May 12- Iraq's Oil Marketing Company plans to export 3.215 million barrels per day of Basra crude in June, slightly lower than last month due to a cut in heavy grade supplies, two sources with knowledge of the matter said on Friday. The June exports include 2.448 million bpd of Basra Light and 767,000 bpd of Basra Heavy, they said, citing a loading schedule...

  • SINGAPORE, May 12- Iraq's Oil Marketing Company plans to export 3.215 million barrels per day of Basra crude in June, slightly lower than last month due to a cut in heavy grade supplies, two sources with knowledge of the matter said on Friday.

  • PARIS, May 11- French tycoon Vincent Bollore took a first step on Thursday in his attempt to merge media giant Vivendi and advertising company Havas, two groups he controls through his family-run conglomerate. Vivendi said it was making an offer to buy Group Bollore's 60 percent stake in advertising group Havas for 9.25 euros a share, a premium of 8.8 percent over...

  • *InVentiv owned by PE firms Advent, Thomas H. Lee Partners. May 10- INC Research Holdings Inc said on Wednesday it would buy fellow contract research services provider inVentiv Health Inc in a $4.6 billion deal to tap into the growing demand from healthcare companies for laboratory services. InVentiv, which is equally owned by private equity firms Advent...

  • *Ad market remains tough as CEO moves on. LONDON, May 10- ITV said its advertising revenue could fall by nearly 10 percent in the first half of the year, as intense competition and weak markets meant outgoing boss Adam Crozier prepared to sign off with the company facing familiar problems. "ITV's overall performance and the shape of the UK advertising market are very...

  • May 10- INC Research Holdings Inc, which provides contract laboratory services, said it would buy privately held inVentiv Health Inc, which provides life sciences companies with drug development and consulting services, in a $4.6 billion deal. Private equity firms Advent International and Thomas H. Lee Partners, which has equal equity ownership of inVentiv,...

  • LONDON, May 10- Commercial broadcaster ITV said its net advertising revenue could fall by as much as 20 percent in June as its outgoing Chief Executive Adam Crozier signed off with a tough outlook for the industry. The " Coronation Street" and " Britain's Got Talent" broadcaster said net advertising revenue fell by 9 percent in the first quarter.

  • The deal values Medical Solutions at around $500 million, according to people familiar with the matter. Faced with large patient volumes and nursing shortages, more and more hospitals are searching for reliable, qualified nurses, said Matthew Hobart, a partner at TPG Growth. Medical Solutions' previous majority owner, Beecken Petty O'Keefe& Company, which...

  • BUFFETT SAYS GOOGLE'S MODEL OF SELLING' CLICKS' TO ADVERTISERS, WITH LITTLE COST, IS A GOOD BUSINESS.

  • TORONTO, May 4- The head of Rogers Communications Inc's business services unit will leave the company later this month, the Canadian telecommunications and media company said on Thursday. The exit of Nitin Kawale follows the departure of two other senior executives hired by Guy Laurence, the former chief executive who parted ways with the family-controlled...

  • Chief Financial Officer David Wehner said on a conference call after the company's earnings announcement that ad revenue growth is expected to come down significantly over the rest of 2017, repeating prior company warnings that it is hitting a limit in "ad load," or the number of ads it can squeeze onto users' pages before upsetting them. New products, such as ads...

  • Chief Financial Officer David Wehner said on a conference call after the company's earnings announcement that ad revenue growth is expected to come down significantly over the rest of 2017, repeating prior company warnings that it is hitting a limit in "ad load," or the number of ads it can squeeze onto users' pages before upsetting them. New products, such as ads...

  • Chief Executive Mark Zuckerberg said in a statement it was a "good start to 2017.". Chief Financial Officer David Wehner said on a conference call after the earnings announcement that the company expects its ad revenue growth to come down significantly over the rest of 2017, repeating prior company warnings that it is hitting a limit in "ad load," or the number of...

  • Facebook said about 1.94 billion people were using its service monthly as of March 31, up 17 percent from a year earlier. Mobile ad revenue accounted for about 85 percent of the company's total advertising revenue of $7.86 billion in the first quarter ended March 31, compared with about 82 percent a year earlier. Analysts on average had expected total ad revenue...

  • Mobile ad revenue accounted for 85 percent of the company's total advertising revenue of $7.86 billion in the first quarter ended March 31, compared with 82 percent a year earlier. Net income attributable to Facebook shareholders rose to $3.06 billion, or $1.04 per share, from $1.73 billion, or 60 cents per share, a year earlier. Total revenue rose to $8.03 billion...