PRWeb (04/21/15)
The Newport Group, an executive search and consulting firm, has acquired Three Sixty Digital Talent, a provider of executive search services focusing on the marketing and data analytics industries. Terms of the deal were not disclosed.
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.
Wall Street Journal (04/22/15) Jon Hilsenrath
The strong U.S. dollar and an unsteady global economy are emerging as primary concerns for U.S. Federal Reserve officials as they prepare for a policy meeting next week to consider the timing of the first interest-rate increase since before the financial crisis. The Fed already has said it is unlikely to raise rates next week, and officials have signaled a rate increase in June has become less likely because the economy slowed in the first quarter.
As they discuss the outlook beyond midyear, officials are increasingly weighing how much the strong dollar might have hurt the prospects of achieving their economic forecast of annual growth of around 2.5%, gradual increases in inflation, and continued declines in unemployment. Fed officials have said they won’t raise rates until they’re confident inflation is on track to rise toward their 2% target, and they want to see that the job market keeps improving.
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The association’s quarterly Staffing Employment and Sales Survey for the first quarter of 2015 is now open. Staffing firms that complete the brief survey will receive an exclusive report on the results—now enhanced with graphs and an executive summary. The report also includes representations of sector-level data.
The data collected by this survey enable ASA to track staffing sales and gross margin trends. Participate in the Staffing Employment and Sales Survey by May 27 to get the staffing industry information you’re looking for.
Register to take the survey, or view the questionnaire, at americanstaffing.net. The survey is sponsored by ASA research partner CareerBuilder, and there are no fees to participate.
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