Key Developments For Heidrick & Struggles International Inc
Heidrick & Struggles International Inc (HSII.O) (Nasdaq)
Heidrick & Struggles International, Inc. Declares Quarterly Cash Dividend
Heidrick & Struggles International, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share. The dividend is payable on November 20, 2009 to shareholders of record at the close of business on November 6, 2009.
Heidrick & Struggles International, Inc. Issues Q4, FY 2009 Revenue Outlook Above Analysts' Estimates
Heidrick & Struggles International, Inc. announced that for fourth quarter of 2009, it expects net revenue to be between $103-$108 million. For fiscal 2009, it expects net revenue of between $389-$394 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $97 million for fourth quarter of 2009 and revenues of $378 million for fiscal 2009.
Heidrick & Struggles International, Inc. Declares Quarterly Cash Dividend
Heidrick & Struggles International, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share. The dividend is payable on August 21, 2009 to shareholders of record at the close of business on August 7, 2009.
Marsh & McLennan Companies To Partner With Heidrick & Struggles International, Inc. On Diversity Initiative
Marsh & McLennan Companies and Heidrick & Struggles International, Inc. announced that they have agreed to partner on a diversity recruitment initiative that will be managed by Heidrick & Struggles and is designed to help attract a broader and more diverse talent pool to Marsh & McLennan Companies. Under the agreement, which is embedded in Marsh & McLennan Companies' overall relationship with Heidrick & Struggles, Heidrick will give at least 10% of its work for Marsh & McLennan Companies to women- and minority-owned executive search firms, and will also help these firms identify other opportunities where their services may be of assistance.
Heidrick & Struggles International, Inc. To Reduce Headcount By Approximately 8% To 10% In May
Heidrick & Struggles International, Inc. announced that it will further reduce its headcount by approximately 8% to 10% in May. The Company also reducing many of its variable costs including a reduction in discretionary bonuses and where possible reducing base salaries by 5% through a combination of salary cuts, unpaid days off, and reduced hours.
