Business Wire (01/09/15)
TSR Inc. reported revenue of $14.5 million for the company’s second quarter of fiscal 2014, which ended Nov. 30, 2014. Revenues were up 19.5% from $12.2 million in the second quarter of fiscal 2013. Net income totaled $141,000, up from $32,000 in the year-ago quarter.
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.
Conference Board News Release (01/12/15)
The Conference Board Employment Trends Index increased in December. The index now stands at 128.43, up from 127.83 in November. This represents a 7.5% gain in the ETI compared with a year ago.
“The [ETI] increased in every single month of 2014, capping the year off with strong growth, 2.3%, in the final quarter,” says Gad Levanon, managing director of macroeconomic and labor market research at the Conference Board. “The strengthening in the ETI suggests that rapid job growth is likely to continue throughout the first half of 2015. And as the labor market tightens further, acceleration in wage growth is soon to follow.”
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What’s the secret to effective, seemingly effortless, interactions with candidates? Learn the best methods for effectively connecting with candidates and compelling them to pursue your job opportunities during the ASA webinar “Inspired Recruiting.” It takes place tomorrow, Jan. 13, 3–4 p.m. Eastern time.
All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.
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