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Reuters - 1 month ago

Recruiter Randstad beats Q1 earnings estimates despite hiring slowdown

UPDATE 2-Recruiter Randstad beats Q1 earnings estimates despite hiring slowdown Adds CEO, CFO quotes, details By Romolo Tosiani April 25 (Reuters) - Dutch recruitment firm Randstad RAND.AS reported better-than-expected first-quarter core earnings on Tuesday, despite a slowdown in hiring by companies. The performance of staffing firms is seen as a bellwether for broader economic activity as companies' appetite for hiring indicates confidence in the economy.

Reuters - 1 month ago

UK Stocks-Factors to watch on April 17

UPDATE 1-UK Stocks-Factors to watch on April 17 Adds news items, updates futures April 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday with futures FFIc1 up 0 .3%. * JOHN WOOD GROUP: John Wood Group WG.L said decided to engage with Apollo Management for a firm offer for a final buyout price of 240 pence per share. * PAGE GROUP: Global recruiter PageGroup Plc PAGE.L forecast near 29% slump in its annual profit.

Reuters - 1 month ago

Recruiter PageGroup sees 29% slump in annual profit on tough market conditions

UPDATE 2-Recruiter PageGroup sees 29% slump in annual profit on tough market conditions First-quarter gross profit down 2.4% at 262.7 mln pounds Quarterly gross profit in U.S. market declines 15% Sees FY operating profit of 140 mln pounds Adds details on U.S. market, analysts comment April 17 (Reuters) - PageGroup PAGE.L on Monday became the latest recruiter to warn of tough conditions in the labour market as it forecast a near 29% slump in 2023 profit, partly hit by weakness in the technology a

Reuters - 1 month ago

Pagegroup Qtrly Group Gross Profit Of £262.7 Mln

BRIEF-Pagegroup Qtrly Group Gross Profit Of £262.7 Mln April 17 (Reuters) - Pagegroup PLC PAGE.L : Q1 TRADING STATEMENT QTRLY GROUP GROSS PROFIT OF £262.7M, -2.4% VERSUS. 2022 QTRLY DECREASE IN FEE EARNER HEADCOUNT OF 304 TO 6,639 QTRLY PRODUCTIVITY DOWN 8% ON Q1 2022 FULL YEAR OPERATING PROFIT EXPECTED TO BE IN LINE WITH COMPANY COMPILED CONSENS

Reuters - 1 month ago

PageGroup flags persistent challenges in labour market

PageGroup flags persistent challenges in labour market April 17 (Reuters) - Global recruiter PageGroup Plc PAGE.L said on Monday the challenging conditions it experienced towards the end of 2022 have continued into 2023, with the company also reporting a fall in first-quarter profit. The FTSE midcap .FTMC firm posted a 2.4% decline in gross profit at 262.7 million pounds ($326.2 million) for the three months ended March 31, mainly weighed down by performance in the Asia Pacific region.

Reuters - 1 month ago

UK Stocks-Factors to watch on April 17

UK Stocks-Factors to watch on April 17 April 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday with futures FFIc1 up 0.2%. * STRIKES: Nurses in England rejected offer of 5% pay rise on Friday and set out plans for further strikes. * DE LA RUE: British banknote printer De La Rue Plc DLAR.L said on Friday chairman Kevin Loosemore resigned from role.

Reuters - 2 months ago

Crisis jolts Wall Street bankers already resigned to tough job market

UPDATE 1-Crisis jolts Wall Street bankers already resigned to tough job market Adds Swiss move on Credit Suisse bankers' bonuses By Tatiana Bautzer NEW YORK, April 5 (Reuters) - Wall Street bankers face an increasingly gloomy job market after last month's banking crisis worsened an already bleak outlook for pay and staffing. The failure of two U.S.

Reuters - 2 months ago

Crisis jolts Wall Street bankers already resigned to tough job market

Crisis jolts Wall Street bankers already resigned to tough job market By Tatiana Bautzer NEW YORK, April 5 (Reuters) - Wall Street bankers face an increasingly gloomy job market after last month's banking crisis worsened an already bleak outlook for pay and staffing. The failure of two U.S. banks - Silicon Valley Bank and Signature Bank - shook confidence in the industry and prompted government intervention to protect the financial system.

Reuters - 3 months ago

Robert Walters, founder and CEO of eponymous recruiter, to step down

UPDATE 3-Robert Walters to retire from eponymous hiring firm he founded in 80s Robert Walters to step down as CEO Toby Fowlston to take over as CEO designate on April 27 Shares up 3.7% Adds details on Walters, background on peer Hays, shares By Radhika Anilkumar March 10 (Reuters) - Robert Walters, chief executive of recruiter Robert Walters RWA.L , is retiring from the group he founded nearly four decades ago.

Reuters - 3 months ago

PageGroup Says FY Fee Earner Headcount Increased By 14.2%

BRIEF-PageGroup Says FY Fee Earner Headcount Increased By 14.2% March 9 (Reuters) - Pagegroup PLC PAGE.L : FY FEE EARNER HEADCOUNT INCREASED BY 861 (14.2%) VERSUS 2021, TOTAL CLOSING HEADCOUNT OF 9,020 TOTAL DIVIDENDS OF £133.2M PAID DURING 2022 FINAL DIVIDEND PROPOSED OF 10.76P PER SHARE (2021: 10.30P), RESULTING IN TOTAL DIVIDEND GROWTH OF 4.5%

Reuters - 3 months ago

UK Stocks-Factors to watch on March 9

UPDATE 1-UK Stocks-Factors to watch on March 9 Adds news items, updates futures March 9 - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday with futures FFIc1 down 0.2 7 %. * SHELL: Shell's emissions dipped by about 10% in 2022 to a total of 1.232 billion tonnes of CO2 equivalent, from 1.367 billion tonnes the previous year, according to its annual report and Reuters calculations.

Reuters - 3 months ago

Recruiter PageGroup sees positives despite wider economic woes

UPDATE 2-Recruiter PageGroup sees positives despite wider economic woes FY operating profit up more than 16%, beats market view Proposes final dividend of 10.76p/share vs 10.30p/share Adds dividend, sector background March 9 (Reuters) - PageGroup Plc PAGE.L said on Thursday it expected persistent candidate shortages and good levels of vacancies despite challenging macroeconomic conditions, as the global recruiter sounded more optimistic than its rivals on the hiring market.

Reuters - 3 months ago

Recruiter PageGroup expects positive hiring trends after annual profit beat

Recruiter PageGroup expects positive hiring trends after annual profit beat March 9 (Reuters) - PageGroup Plc PAGE.L forecast on Thursday persistent candidate shortages and good levels of vacancies despite challenging macroeconomic conditions, after the global recruiter posted annual profit that beat market estimates. The FTSE midcap .FTMC firm posted a more than 16% rise in operating profit at 196.1 million pounds ($232.5 million) for the full-year ended Dec.

Reuters - 3 months ago

UK Stocks-Factors to watch on March 9

UK Stocks-Factors to watch on March 9 March 9 - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday with futures FFIc1 down 0.14%. * HOUSE PRICES: British property surveyors grew less gloomy about the prospects for the housing market in February as a slump in new buyer enquiries eased, but reports of falling house prices hit a 14-year high, a survey showed.

Reuters - 3 months ago

PageGroup Appoints Ben Stevens As Senior Independent Director

BRIEF-PageGroup Appoints Ben Stevens As Senior Independent Director March 7 (Reuters) - Pagegroup PLC PAGE.L : PAGEGROUP PLC - BOARD CHANGES PAGEGROUP - APPOINTMENT OF BEN STEVENS AS SENIOR INDEPENDENT DIRECTOR WITH EFFECT FROM CONCLUSION OF COMPANY'S ANNUAL GENERAL MEETING THIS YEAR Source text for Eikon: ID:nRSG2061Sa Further company coverage: PA

Reuters - 3 months ago

Hays begins search for new CEO; half-year profit falls

UPDATE 2-Hays begins search for new CEO; half-year profit falls Half-year operating profit falls about 5% Cox to remain CEO until new appointment Adds analyst comment, background By Aby Jose Koilparambil Feb 23 (Reuters) - Hays HAYS.L said on Thursday it was looking for a successor to long-serving Chief Executive Officer Alistair Cox as the global recruiter reported a lower interim profit due to tough market conditions in China and the United States.

Reuters - 4 months ago

Recruiter Randstad's fourth-quarter profit beats even as hiring slows

UPDATE 2-Recruiter Randstad's fourth-quarter profit beats even as hiring slows Adds CEO, CFO comments By Olivier Sorgho and Vittorio Maresca di Serracapriola Feb 14 (Reuters) - Randstad RAND.AS reported a fourth-quarter core profit on Tuesday that beat estimates, helped in part by strength in its Italy and Germany businesses, even as the recruiter warned that hiring had slowed as companies brace for a looming recession.

Reuters - 5 months ago

UK Stocks-Factors to watch on Jan 11

Jan 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.2%. * DARKTRACE: British cybersecurity company Darktrace DARK.L cut its full-year revenue forecast, saying prospective customers were more reluctant to run product trials due to worsening macro-economic environment. * DIRECT LINE: Motor and home insurer Direct Line DLGD.L said it does not expect to pay a final dividend for 2022, following surge in claims due to severe cold weather in Br

Reuters - 7 months ago

UK Stocks-Factors to watch on Oct 18

Oct 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday with futures FFIc1 up 0.84%. * MONEYSUPERMARKET: Moneysupermarket.com MONY.L said it expects annual core profit to be at the upper end of market views. * BELLWAY: Bellway Plc BWY.L warned of moderating demand in recent months, pressured by rising mortgage rates as the housing sector stares at the risk of a slowdown.

Reuters - 8 months ago

British assets jump after U-turn on fiscal plans

* Yields on gilts fall around 40 basis points * Pound jumps 1.7% on dollar, 1% on euro * British stocks rise more than European peers * Investors eye next fiscal announcement due end Oct. and Bank of England meeting early Nov. (Update pricing) By Alun John LONDON, Oct 17 (Reuters) - Britain's government bonds, currency and shares rallied on Monday as new finance minister Jeremy Hunt reversed much of Prime Minister Liz Truss's economic growth plan, the latest twist after several weeks of turmoil

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