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Stock Market & Financial Investment News

News Breaks
April 25, 2014
07:09 EDTHSONHudson Global recommends holders vote the WHITE proxy card
Hudson Global sent a letter to all stockholders in connection with its 2014 Annual Meeting of Stockholders, to be held on May 29. The company's definitive proxy statement and WHITE proxy voting card will be mailed to stockholders of record as of April 21, in advance of the Annual Meeting. The board recommends that stockholders vote for the election of its independent, highly qualified nominees on the WHITE proxy card.
News For HSON From The Last 14 Days
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October 13, 2014
17:03 EDTHSONHudson Global lowers Q3 revenue guidance to $163M from $165M-$175M
Consensus $169.20M. The drop in revenue guidance is primarily due to slower progress than expected in its more challenged markets and softer exchange rates than the prevailing rates at the time of guidance. The company lowered its Q3 adjusted EBITDA to ($4.4M)-($4.6M) from $0M-($2M). The company expects to report $47M in liquidity, composed of $19M in cash and $28M in availability under its credit facilities, as well as $8M in outstanding borrowings.

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