Key Developments: Manpowergroup Inc (MAN)
58.15USD
21 May 2013
$0.37 (+0.64%)
$58.15
$57.86
$58.34
$57.43
508,481
627,188
$58.45
$30.53
Latest Key Developments (Source: Significant Developments)
Manpower Inc Declares Semi-Annual Dividend
Manpower Inc announced that the Board of Directors has declared a semi-annual dividend of 46 cents per share, an increase from the most recent dividend of 43 cents per share. The dividend is payable on June 14, 2013 to shareholders of record as of the close of business on June 3, 2013. Full Article
ManpowerGroup Inc Issues Q2 2013 EPS Guidance Above Analysts' Estimates
ManpowerGroup Inc announced that for second quarter of 2013, it expects earnings per share (EPS)to be in the range of $0.84 to $0.92 before restructuring charges. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.77 for the second quarter of 2013. Full Article
Manpower Inc Issues Q1 2013 EPS Guidance In Line With Analysts' Estimates; Issues Q1 2013 Charge Guidance-Conference Call
Manpower Inc announced that for the first quarter of 2013, it is forecasting its earnings per share (EPS) before the reorganization charges to range from $0.40 to $0.48. The currency impact will be negligible if rates stay where they currently are. The Company expect to incur additional reorganization charges in the first quarter related to its simplification plan. The Company expect those charges will range between $20 million and $25 million before income taxes. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.41 for the first quarter of 2013. Full Article
Manpower Inc Announces New Share Repurchase Program
ManpowerGroup announced that its has approved a new share repurchase program, which gives the Company the ability to repurchase up to 8 million shares of its issued and outstanding common stock. Purchases under this program may be made from time to time in open market or privately negotiated transactions. The Company has completed all other repurchase programs previously authorized, bringing the total year-to-date purchases to 3.6 million shares. Full Article
Manpower Inc CEO Transfers President Title To Two Executives-Milwaukee Business Journal Online
Milwaukee Business Journal Online reported that ManpowerGroup chairman and chief executive officer Jeff Joerres has promoted two company officers to serve as Presidents and expanded their leadership roles to cover additional markets. Joerres, Chief Executive Officer (CEO) and President of the Company since 1999 and chairman since 2001, is transferring his president title to both Jonas Prising and Darryl Green. Both executives will continue reporting directly to Joerres, who will remain chairman and CEO. Full Article
Manpower Inc Declares Dividend
Manpower Inc announced that the Board of Directors has declared a dividend of 43 cents a share, payable on December 14, 2012, to shareholders of record on December 4, 2012. Full Article
Manpower Inc Issues Q4 2012 EPS Guidance Above Analysts' Estimates
Manpower Inc announced that for the fourth quarter 2012, it expects diluted earnings per share (EPS) to be in the range of $0.72-$0.80, which includes an estimated unfavorable currency impact of $0.01. According to I/B/E/S estimates analysts on average are expecting the Company to report EPS of $0.70 for the fourth quarter of 2012. Full Article
ManpowerGroup Issues Q3 2012 Diluted EPS Guidance below Analysts' Estimates-DJ
Dow Jones reported that ManpowerGroup announced that the Company expects to report third quarter FY 2012 diluted earnings per share (EPS) at between USD 0.64 to USD 0.72, including an estimated unfavorable currency impact of USD 0.08 per share. According to I/B/E/S estimates analysts on average are expecting the Company to report third quarter 2012 EPS of USD 0.79 million. Full Article
ManpowerGroup Announces Acquisition Of 100% Equity Stake In Web Development Company Limited To Provide IT Services And Professional Resourcing In India
ManpowerGroup announced that it has successfully completed its acquisition of the remaining 26% stake in Kolkata-based Web Development Company Limited (WDC), a IT services and professional resourcing company offering consulting, development and application support services to several clients in India and across the Asia Pacific region. In March 2011, ManpowerGroup acquired a 74% stake in WDC. With this acquisition, WDC becomes a wholly owned subsidiary of ManpowerGroup's Experis brand, the global in professional resourcing and project-based workforce solutions. Terms of the transaction were not disclosed. Full Article
Manpower Inc. Declares Dividend
Manpower Inc. announced that its Board of Directors has approved an increase in the semi-annual dividend to $0.43 per share, from $0.40 per share. The dividend is payable on June 15, 2012 to shareholders of record on June 1, 2012. Full Article
UPDATE 2-Manpower expects cost cuts to help 2nd-qtr profit
* Expects second-quarter EPS at $0.84-$0.92, vs est. $0.77
Earnings vs. 
Estimates
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