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Stock Market & Financial Investment News

News Breaks
March 3, 2014
08:06 EDTCTPCTPartners acquires Johnson Executive Search
CTPartners announced that it has acquired Johnson Executive Search, an independent executive search firm based in Sydney, Australia. On January 16, the company announced it had signed a Letter of Intent to acquire Johnson. Following the close of transaction, Johnson’s six executive search consultants will increase the company’s consultants to 134. The company said, "Acquiring Johnson further establishes our geographic footprint in the Asia Pacific region, an area that is anticipated to experience accelerated growth over the coming years. Its senior partners have experience and expertise working with some of Asia’s leading companies, so their presence will strengthen our ability to provide clients with quality service and results on a global scale. In addition to its strategic value Johnson will be accretive to earnings in FY14.”
News For CTP From The Last 14 Days
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April 15, 2015
18:17 EDTCTPCTPartners withdraws FY15 revenue guidance
The company stated that it has withdrawn its full year 2015 revenue guidance that was provided on January 28th. CTPartners commented that its international operations, which contributed 40% of total revenue in 2014, remains strong and continued to experience solid demand for its services from existing and new clients. As of April 15, CTPartners had 149 partners. The U.S. based business experienced softness because of reduced client demand as the company’s reputation was compromised due to adverse and misleading media reports as well as the departure of fifteen senior level consultants.
18:16 EDTCTPCTPartners says Q1 search assignments up 11.5%, sees Q1 revenue $35M
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18:14 EDTCTPCTPartners reports Q4 adjusted EPS (8c) vs. 12c a year ago
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April 14, 2015
17:18 EDTCTPCTPartners says COO David Nocifora to assume CEO role
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