Marketwatch (05/15/13)
DLH Holdings Corp. reported revenue of $13 million for the second quarter of fiscal 2013, up 3.1% from $12.6 million during the same period last year. The company also recorded a net loss of $0.1 million, compared to a net loss of $0.7 million for the second quarter of fiscal 2012.
Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.
Bloomberg (05/16/13) Shobhana Chandra; Alex Kowalski
The number of people who applied for unemployment benefits last week rose, sparking concern that the slowdown in the economy is resulting in layoffs. Jobless claims rose 32,000 to 360,000 in the week ended May 11, according to the U.S. Department of Labor. Economists surveyed by Bloomberg had forecast an increase to 330,000. The four-week average of new jobless claims climbed to 339,250 last week from 338,000.
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Don’t miss the ASAPro webinar “Online Branding and Reputation Management—It’s More Important Than You Think” today from 3 to 4 p.m. Eastern time. Learn how to take ownership of your online reputation and position your firm in the best light from Brad Smith of Haley Marketing Group. He’ll help you assess whether your website differentiates your company from your competitors in an effective way.
This webinar is free for ASA members and qualifies for continuing education hours toward ASA certification renewal. Register online at americanstaffing.net.
Tomorrow, May 17, is the last day to register for Staffing World 2013 at the best rate available. Rates increase after tomorrow.
No other event in the staffing industry deliver the caliber of executive education, top-tier networking opportunities, and comprehensive expo like Staffing World, which this year takes place Oct. 8-10 in Orlando.
A recent ASA event sold out in record time—don’t get shut out of this one. For details and to register, visit staffingworld.org.
Share your firm’s data with ASA so you can get the staffing industry information you’re looking for. Participate in the association’s quarterly Staffing Employment and Sales Survey by May 20. Staffing firms that complete the survey receive an exclusive report on the results, which includes temporary and contract staffing sales and gross margin data by sector.
The information collected by this survey provides data essential to the association’s legal and legislative advocacy efforts on behalf of the staffing industry. Register to take the survey or view a PDF version of the questionnaire at americanstaffing.net. This survey is conducted by ASA research partner Inavero, and there are no fees to participate.
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