International Business News - Services http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the stock activity stories for Tuesday, Oct. 7, from AP Financial News: CHICAGO (AP)--Shares of G&K Services Inc. tumbled to a five-year low after the maker and renter of workplace uniforms announced layoffs, plant closures, and cut its first-quarter outlook. http://www.ibtimes.com/articles/20081007/movers-roundup-g-k-services-ge.htm Tue, 07 Oct 2008 19:43:45 EDT Among the earnings projection stories for Tuesday, Oct. 7, from AP Financial News: MINNEAPOLIS (AP)--G&K Services Inc., which makes and rents workplace uniforms, lowered its fiscal first-quarter estimates late Monday due to a weak economic environment and charges related to a cost-cutting program and adding to its reserves. http://www.ibtimes.com/articles/20081007/outlook-roundup-g-k-services-whitney-holding.htm Tue, 07 Oct 2008 19:38:36 EDT Shares of G&K Services Inc. tumbled to a five-year low Tuesday after the maker and renter of workplace uniforms announced layoffs, plant closures, and cut its first-quarter outlook. http://www.ibtimes.com/articles/20081007/g-k-services-falls-after-cutting-outlook.htm Tue, 07 Oct 2008 17:12:09 EDT Ambulance service provider Emergency Medical Services Corp. on Tuesday promoted James Murphy to president and chief operating officer of its EmCare business. http://www.ibtimes.com/articles/20081007/ems-names-murphy-president-and-coo-of-emcare-unit.htm Tue, 07 Oct 2008 14:19:29 EDT G&K Services Inc., which makes and rents workplace uniforms, lowered its fiscal first-quarter estimates late Monday due to a weak economic environment and charges related to a cost-cutting program and adding to its reserves. http://www.ibtimes.com/articles/20081007/g-k-services-lowers-1q-outlook-amid-restructuring.htm Tue, 07 Oct 2008 15:59:24 EDT G&K Services Inc., which makes and rents workplace uniforms, said late Monday that it will cut jobs and close plants in a move to reduce costs amid a difficult economic environment. http://www.ibtimes.com/articles/20081007/g-k-services-to-close-plants-cut-jobs.htm Tue, 07 Oct 2008 16:02:31 EDT The Hartford Financial Services Group Inc. said Monday it named Greg McGreevey executive vice president and chief investment officer, along with president of its subsidiary Hartford Investment Management Co. http://www.ibtimes.com/articles/20081006/hartford-names-mcgreevy-executive-vice-president.htm Mon, 06 Oct 2008 11:53:04 EDT Shares of Emergency Medical Services Corp. advanced Friday after the company said it will gain $90 million in revenue from its work during disaster relief efforts for Hurricanes Gustav and Ike over the summer. http://www.ibtimes.com/articles/20081003/ems-forecasts-90-million-in-hurricane-aid-revenue.htm Fri, 03 Oct 2008 20:08:15 EDT Educational services, farms, utilities, stores and hospitals all saw their businesses expand slightly in September, thanks to strong exports and deliveries, a private research group's survey showed Friday. http://www.ibtimes.com/articles/20081003/exports-fueled-services-expansion-in-september.htm Fri, 03 Oct 2008 11:16:04 EDT A measure of the U.S. services sector for September is expected to be flat, unlike its sister manufacturing index, which Wednesday clocked its largest drop since 1984. http://www.ibtimes.com/articles/20081003/ahead-of-the-bell-services-index.htm Fri, 03 Oct 2008 09:27:25 EDT Shares of the nation's No. 3 trash hauler, Republic Services Inc., fell Thursday after it appeared to have gained an advantage over a larger rival in its pursuit of Allied Waste Industries Inc. http://www.ibtimes.com/articles/20081002/republic-services-bid-for-allied-waste-strengthens.htm Thu, 02 Oct 2008 16:23:46 EDT Shares of financial services firms were mixed in premarket trading Thursday, a day after the Senate passed a revised $700 billion financial rescue plan that the House of Representatives was unable to approve earlier in the week. http://www.ibtimes.com/articles/20081002/ahead-of-the-bell-financial-services.htm Thu, 02 Oct 2008 08:10:14 EDT Despite the recent fall in crude prices and a global economic crisis that could further curtail energy demand, the head of the world's biggest oilfield services company says increased global exploration and other factors bode well for long-term business. http://www.ibtimes.com/articles/20080930/some-still-see-brisk-business-for-the-oil-services.htm Tue, 30 Sep 2008 16:45:57 EDT Shares of information technology service providers declined Monday afternoon along with the broader market after the House defeated a $700 billion emergency rescue for the nation's financial system. http://www.ibtimes.com/articles/20080929/sector-snap-it-services-stocks-slide.htm Mon, 29 Sep 2008 15:21:36 EDT Falling crude and natural gas prices weighed heavily on shares of Key Energy Services Inc. on Monday, though an analyst says there is reason to be positive on the rig-based well service company. http://www.ibtimes.com/articles/20080929/key-energy-shares-fall-as-crude-natural-gas-drop.htm Mon, 29 Sep 2008 14:33:31 EDT Basic Energy Services Inc., a provider of oil and gas well site services, said Monday it has bought nearly all the assets of Azurite Services Co. for $60 million in cash. http://www.ibtimes.com/articles/20080929/basic-energy-buys-azurite-services-for-60m.htm Mon, 29 Sep 2008 09:13:45 EDT Visa Inc. said Thursday it's developing mobile payment software for the new wireless phone powered by Google Inc.'s Android system. San Francisco-based Visa said Android users will be able to receive near real-time alerts about purchases via their mobile devices. Users also will be able to use location-based mapping technology to find ATM machines and nearby stores where they can redeem special Visa offers. http://www.ibtimes.com/articles/20080925/visa-develops-payment-software-for-google-phone.htm Thu, 25 Sep 2008 14:46:23 EDT Trash hauler Republic Services Inc. said Tuesday that it completed a $1.75 billion credit facility for use in its merger with rival Allied Waste Industries Inc. http://www.ibtimes.com/articles/20080923/republic-services-gets-1-75b-credit-for-merger.htm Tue, 23 Sep 2008 10:21:28 EDT Medical products maker West Pharmaceutical Services Inc. said Monday its board of directors increased the quarterly dividend by 7.1 percent, or 1 cent, to 15 cents. http://www.ibtimes.com/articles/20080922/west-pharmaceutical-board-raises-dividend.htm Mon, 22 Sep 2008 16:59:45 EDT Shares of PNC Financial Services Group Inc. dropped Monday amid a sell-off in the financial sector and as an analyst downgraded the stock to "Hold," citing a recent run-up in price. http://www.ibtimes.com/articles/20080922/pnc-financial-services-shares-falter-on-downgrade.htm Mon, 22 Sep 2008 14:31:12 EDT