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ManpowerGroup Reports Second-Quarter Results

ManpowerGroup News Release (07/21/14)

ManpowerGroup reported revenues of $5.32 billion in the second quarter of 2014, up 3.7% in constant currency from $5.04 billion in the second quarter of 2013. Net earnings totaled $109.8 million, up 57.4% in constant currency from $68.2 million in the year-ago period. The company’s U.S. revenues totaled $775.9 million in the second quarter, up 3.7% in constant currency from $748.5 million in the 2013 second quarter.

U.S. Consumer Sentiment Dips in Preliminary July Reading

Reuters (07/18/14) Ryan Vlastelica

The Thomson Reuters and University of Michigan preliminary July reading on the overall index of consumer sentiment was 81.3, lower than both analysts’ expected reading of 83.0 and the final June reading of 82.5. The barometer of current economic conditions rose to 97.1 from 96.6, and the gauge of consumer expectations fell to 71.1 from 73.5. The one-year inflation expectation rose to 3.3% from 3.1% last month, and the five-to-10-year outlook dropped to 2.6% from 2.9%.

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