International Business News - Struggles 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 The iconic Harvard Square newsstand, Out of Town News, could soon close as it struggles along with the rest of the newspaper business. Laura Samuels of Hudson News, which runs the kiosk, said the company just received a 60-day lease extension. http://www.ibtimes.com/articles/20081119/iconic-harvard-square-newsstand-may-close.htm Wed, 19 Nov 2008 15:58:55 EST Executive search firm Heidrick & Struggles International Inc. on Tuesday said its third-quarter profit edged down 3 percent, as the number of searches fell and its European business weakened. http://www.ibtimes.com/articles/20081028/heidrick-struggles-3q-profit-slips-3-percent.htm Tue, 28 Oct 2008 09:09:12 EDT The glut of homes in foreclosure, vacant, or stuck on the market has the nation's lumber industry hanging on by a limb. Since housing starts hit their peak in mid-2005, demand for lumber used in floors, home frames, and cabinets has declined sharply, and experts say the number of unsold homes would need to significantly decrease before homebuilders commit to building new ones. http://www.ibtimes.com/articles/20081023/lumber-industry-threatened-by-glut-of-unsold-homes.htm Thu, 23 Oct 2008 16:31:14 EDT Melissa McClintock and her husband have been shopping for a living room rug, mirrors, accent chairs and a sofa to put in the 1960s ranch home they're expanding with a new bathroom, bedroom and windows. But after her husband was laid off a few months ago, the couple got a lot more choosy. http://www.ibtimes.com/articles/20081019/furniture-trade-fair-opens-under-economic-cloud.htm Sun, 19 Oct 2008 14:04:51 EDT Executive search and consulting firm Heidrick & Struggles International Inc. reduced its revenue expectations for 2008 on Tuesday, citing a slowdown in hiring as the economy weakens. http://www.ibtimes.com/articles/20081014/heidrick-struggles-cuts-2008-revenue-outlook.htm Tue, 14 Oct 2008 09:08:14 EDT An analyst Monday downgraded shares of executive search firm Heidrick & Struggles International Inc. and cut his price target because of "unprecedented, negative developments in financial services." http://www.ibtimes.com/articles/20081006/ahead-of-the-bell-heidrick-struggles-downgraded.htm Mon, 06 Oct 2008 08:06:38 EDT The postmaster general says the postal service could lose about $2 billion this year due to tough economic times. John Potter told the National Association of Postmasters of the United States at their convention Monday in St. Louis that the postal service has to change to meet the demands of the American public. http://www.ibtimes.com/articles/20080825/postmaster-general-postal-service-could-lose-2b.htm Mon, 25 Aug 2008 13:56:46 EDT Consulting firm Heidrick & Struggles International Inc. said it will pay a regular quarterly dividend of 13 cents on Aug. 15 for shareholders of record on Aug. 1. http://www.ibtimes.com/articles/20080722/heidrick-struggles-declares-dividend-of-13-cents.htm Tue, 22 Jul 2008 06:53:51 EDT Auto industry cutbacks, double-digit unemployment and one of the nation's highest home foreclosure rates have left Detroit with a dreary economic future. http://www.ibtimes.com/data/articleimgs/86262-detroit-struggles.jpg http://www.ibtimes.com/articles/20080705/fbi-probe-latest-setback-for-beleaguered-detroit.htm http://www.ibtimes.com/articles/20080705/fbi-probe-latest-setback-for-beleaguered-detroit.htm Sat, 05 Jul 2008 06:15:33 EDT A director of executive search firm Heidrick & Struggles International Inc. sold 40,000 shares of common stock, according to a Securities and Exchange Commission filing Monday. http://www.ibtimes.com/articles/20080617/heidrick-struggles-director-sells-shares.htm Tue, 17 Jun 2008 14:17:35 EDT Executive search firm Heidrick & Struggles International Inc. said Tuesday it named Scott Krenz as chief financial officer, effective Aug. 4. Krenz, 56, most recently was CFO of Navigant Consulting, and previously served as chief financial officer of Sapient Corp., following 19 years with Electronic Data Systems Corp. http://www.ibtimes.com/articles/20080610/heidrick-struggles-names-navigant-exec-as-cfo.htm Tue, 10 Jun 2008 07:13:57 EDT Heidrick & Struggles International Inc., an executive search and consulting firm, said Tuesday its first-quarter earnings fell 30 percent as employee expenses rose. http://www.ibtimes.com/articles/20080429/heidrick-struggles-1q-earnings-fall-30-percent.htm Tue, 29 Apr 2008 07:37:01 EDT