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UPDATE: Citi Lowers PT on ManpowerGroup to $48
Monday, August 29, 2011 - 7:16am | 106Citi is out with its report today on ManpowerGroup (NYSE: MAN), lowering its PT to $48 from $79. In its report, Citi writes, "MAN's global scale and diversified geographic mix (U.S. 15% of rev) should provide steady mid-single digit rev growth and stable high-teens EPS growth through 2013....
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Financial Breakfast for August 29, 2011
Monday, August 29, 2011 - 6:31am | 445This is your Benzinga news summary and traders' outlook for Monday, August 29, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading higher. At last check, Dow futures are up about 100 points and the U.S....
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A Peek Into The Market Before The Trading Starts
Monday, August 29, 2011 - 6:26am | 446Pre-open movers US stock futures are higher this morning, as investors are awaiting July personal-income and consumer-spending data and June pending home sales. Futures for the Dow Jones Industrial Average surged 91 points to 11,370.00 and S&P 500 index futures rose 13.10 points to 1,187.60....
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Citigroup Lowers PT On ManpowerGroup To $48
Monday, August 29, 2011 - 5:13am | 25Citigroup has lowered the price target on ManpowerGroup (NYSE: MAN) from $79 to $48 and maintains its Buy rating.
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Citigroup Downgrades Robert Half Int'l To Hold, Lowers PT To $25
Monday, August 29, 2011 - 5:11am | 28Citigroup has downgraded Robert Half International (NYSE: RHI) from Buy to Hold and has lowered the price target from $40 to $25.
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CDI Corp. Names Robert M. Larney Executive Vice President and Chief Financial Officer
Thursday, August 25, 2011 - 3:15pm | 112CDI Corp. (NYSE: CDI) today announced that Robert M. Larney has been named executive vice president and chief financial officer effective August 30, 2011. Larney, a certified public accountant, replaces Mark Kerschner who is leaving the Company to pursue other opportunities. Kerschner joined CDI...
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Standard & Poor's Announces Changes to U.S. Index
Monday, August 22, 2011 - 5:26pm | 134S&P will make the following changes to the S&P SmallCap 600 index: GT Advanced Technologies (NASDAQ: GTAT) will replace Radiant Systems (NASD: RADS) in the S&P SmallCap 600 index after the close of trading on Wednesday, August 24. S&P MidCap 400 constituent NCR (NYSE: NCR) is...
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Mad Money Lightning Round: Cramer Likes Crocs, Alcoa
Thursday, August 18, 2011 - 3:16am | 332On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Crocs (NASDAQ: CROX) is a “great story. If it goes back down, I'm going to recommend it." For Covidien (NYSE: COV), he said, "You hold on and buy more. That is a great company that is a buy, buy, buy." Cramer said that Alcoa (...
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GP Strategies Acquires TK Holdings and Beneast Training Subsidiary
Monday, August 15, 2011 - 7:31am | 90GP Strategies Corporation (NYSE: GPX), the corporate parent of global performance improvement solutions provider General Physics Corporation, announced that GP's wholly-owned subsidiary, General Physics (UK) Ltd, has acquired the entire share capital of TK Holdings Ltd and its subsidiary Beneast...
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UPDATE: Citi Lowering Price Target On Kelly Services
Thursday, August 11, 2011 - 6:43am | 148Citi Investment Research is out with a research report on Kelly Services Inc (NASDAQ: KELYA) and is lowering its price target to $18 from $23 after it reported earnings. It has a Hold rating on shares. In a note to clients, Citi Investment Research writes, "KELYA's 2Q11 results were solid, with...
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Citigroup Lowers PT on KELYA To $18
Thursday, August 11, 2011 - 5:44am | 26Citigroup has lowered the price target on Kelly Services (NASDAQ: KELYA) from $23 to $18 and maintains its Hold rating.
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Earnings Roundup
Wednesday, August 10, 2011 - 8:33am | 1025Macy's Inc (NYSE: M) reported upbeat second-quarter profit and lifted its full-year profit forecast. Macy's reported its quarterly profit at $241 million, or $0.55 per share, up from $147 million, or $0.35 per share, in the year-ago period. Its sales climbed 7.3% to $5.94 billion. However, analysts...
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General Physics Awarded Key International Energy Sector Contracts for $3M
Wednesday, August 10, 2011 - 8:06am | 54Global performance improvement solutions provider General Physics Corporation, a subsidiary of GP Strategies Corporation (NYSE: GPX), has recently been awarded contracts valued at more than $3 million to provide training and technical support services to power industry clients in Africa, the Middle...
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UPDATE: Kelly Services Reports Surge In Q2 Profit
Wednesday, August 10, 2011 - 7:18am | 78Kelly Services Inc (NASDAQ: KELYA) reported a rise in its second-quarter profit. Kelly reported its quarterly profit at $18.8 million, or $0.50 per share, up from $3.9 million, or $0.11 per share, in the year-ago period. Excluding a loss from discontinued operations, Kelly's earnings came in at $...
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US Stock Futures Slightly Down; Gold Futures Surge
Wednesday, August 10, 2011 - 5:10am | 555US stock futures are slightly lower this morning, after the Federal Open Markets Committee pledged to keep rates at an all-time low through mid-2013. Futures for the Dow Jones Industrial Average dipped 31 points to 11,163.00 and S&P 500 index futures fell 2.70 points to 1,169.00. Nasdaq 100...