Analysts International Corp. News Release (08/12/13)
Information technology staffing and services company Analysts International Corp. reported revenue of $25.7 million for the second quarter of 2013, up 4.8% from $24.6 million in the first quarter of 2013 but down 4.9% from $27.1 million in the second quarter of 2012. The company also reported net income of $519,000, down 2.6% from $533,000 in the second quarter of 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.
Michael Page International News Release (08/13/2013)
Michael Page International PLC has reported revenue of £503.2 million for the first half of 2013, up 0.1% from £502.6 million in the same period of 2012. In the Americas, revenue totaled £56.2 million, up 11.2% from £50.6 million in the same period of 2012.
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 Aug. 23. 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 data collected by this survey are 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 participation is free.
Are you ready for the ASA annual convention and expo? It’s just eight weeks away—Oct. 8-10 in Orlando.
Staffing World will deliver top-notch keynote speakers, high-caliber educational content, networking opportunities developed specifically for staffing professionals, and the largest industry expo anywhere. Learn more about it in the Staffing World 2013 advance program, in the mail now and available on ASA Digital.
Staffing World 2013 is sure to be this year’s largest industry gathering. Don’t delay, visit staffingworld.org and register today. ASA members receive a registration discount.
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