Friday, April 5, 2013

US futures drop as jobs report comes up short

Updated: Apr 05, 2013 9:00 AM EDT
NEW YORK (AP) - U.S. stock market futures are plunging after the Labor Department showed that the economy added just 88,000 jobs in March, the lowest gain in eight months.
Dow Jones industrial average futures are down 130 points to 14,402. Nasdaq 100 futures dropped 28.50 points to 2,757. S&P 500 futures slid 17 to 1,537.
Economists expected growth of about 195,000 jobs. The unemployment rate dropped to 7.6 percent, but only because more people stopped looking for work.
The report weighed on world markets as well. Britain's FTSE 100, Germany's DAX and France's CAC all slid nearly 2 percent.
Earlier Japan's Nikkei hit a four-year high, boosted by enthusiasm for that nation's new central bank policies. But worries about bird flu in China and saber-rattling in North Korea weighed on other Asian markets.
http://www.myfoxphilly.com/story/21889339/us-futures-drop-as-jobs-report-comes-up-short

*The article above gives you a more realistic viewpoint

The actual report from Dept. of Labor:
http://www.bls.gov/news.release/empsit.nr0.htm

Thursday, April 4, 2013

North Korea Approves Nuclear Attack On U.S.? 'Merciless' Strike 'Ratified,'


LONDON, April 3 (Reuters) - North Korea said it had "ratified" a merciless attack against the United States, potentially involving a "diversified nuclear strike".

"We formally inform the White House and Pentagon that the ever-escalating U.S. hostile policy toward the DPRK (North Korea) and its reckless nuclear threat will be smashed by the strong will of all the united service personnel and people and cutting-edge smaller, lighter and diversified nuclear strike means of the DPRK and that the merciless operation of its revolutionary armed forces in this regard has been finally examined and ratified," a spokesman for the General Staff of the Korean People's Army said in a statement carried by the English language service of the state news agency KCNA. (Writing by Kevin Liffey; Editing by Andrew Heavens)
http://www.huffingtonpost.com/2013/04/03/north-korea-nuclear-attack-on-us_n_3009394.html

Tuesday, April 2, 2013

Staffing 360 Solutions Executes Agreement With EmployAGI.org

Agreement Establishes Company's Veterans 360 Solutions Division

NEW YORK, NY--(Marketwired - Apr 2, 2013) - Staffing 360 Solutions, Inc. (OTCQB: STAF), an emerging growth public company engaged in the provision of international staffing services in IT, financial, accounting, healthcare and banking industries, announced today that it has signed a staffing agency agreement with EmployAGI.org LLC, a premier veteran staffing and recruitment company dedicated to successfully transitioning military men and women into civilian jobs as they return from duty. Pursuant to the terms of the Agreement, Staffing 360 Solutions will assist EmployAGI.org in recruiting qualified veterans from war zones such as Iraq and Afghanistan in a wide assortment of fields and industries.
As part of this effort, the Company has launched a proprietary staffing division called Veterans 360 Alliance, dedicated exclusively to the placement of veterans of the U.S. military. The new division will focus on placing veterans in sectors including: engineering, technology, IT services, finance & accounting and healthcare, just to name a few.
"We are pleased to announce this relationship with EmployAGI.org," stated Allan Hartley, CEO of Staffing 360 Solutions. "As a significant number of returning veterans arrive from overseas, our new Veterans 360 Alliance division is positioning itself to assist as many unemployed veterans as possible by placing these top military leaders, engineers, and technicians into America's private sector workforce."
The United States Military educates and trains some of the most effective leaders in the world, yet despite their powerful combination of purpose, work ethic, and an unmistakable drive to succeed, these professionals often leave the service and find it extremely difficult to build their civilian careers. Veterans currently have an unemployment rate of 11.7% in the first quarter of 2013, up from 9.9% in December 2012, while the national unemployment rate remains unchanged at 7.9%. As part of this newly formed relationship with EmployAGI.org, Veterans 360 Alliance is devoted to placing veterans of the U.S. military in qualified jobs throughout the United States.
"We are pleased to be working hand-in-hand with Staffing 360 Solutions," stated Veronica Bouchon, President of EmployAGI.org. "Developing a robust network of employment opportunities for our veterans when they return from combat overseas is essential. We are firmly committed to helping all former military men and women, as well as their spouses, successfully transfer their skill set into the civilian sector."
As part of its growth strategy, Staffing 360 Solutions believes that a consolidation strategy is ideally suited for the highly fragmented temporary staffing industry. The company's management team has been engaged in the development of a comprehensive program to create a robust pipeline of prospective acquisitions, including opportunities in the veterans services sector through its Veterans 360 Alliance division.
About EmployAGI.org
Headquartered in Manhattan, EmployAGI.org LLC is a premier veteran staffing and recruitment company dedicated to transitioning and placing military men and women, as well as their spouses, into a wide variety of civilian jobs when they return from duty. The veterans that the company places with employers have the type of military discipline, work ethic and dedication that is needed to help companies grow. EmployAGI.org is a boutique agency with staff members possessing over 20 years of experience, extensive connections and networking abilities. For more information, please visit: www.employagi.org
About Staffing 360 Solutions, Inc.
Staffing 360 Solutions, Inc. is an emerging public company in the international staffing sector that intends to acquire high-growth domestic and international staffing agencies. As part of its highly targeted consolidation model, Staffing 360 Solutions is pursuing broad spectrum staffing companies in the IT, financial, accounting, healthcare and banking industries. The Company believes the staffing industry offers significant opportunity to create a successful public company with a longer term objective of accretive acquisitions that will drive annual revenues to a minimum of $250 million. www.staffing360solutions.com
Forward-Looking Statements
Certain matters discussed within this press release are forward-looking statements. Although Staffing 360 Solutions, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Staffing 360 Solutions' reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K.

Contact Information

  • Company Contact:

    A.J. Cervantes
    President
    Staffing 360 Solutions, Inc.
    212.634.6410
    Email Contact

    Financial Communications:

    Trilogy Capital Partners, Inc.
    Darren Minton
    President
    212.634.6413
    Email Contact
http://www.marketwire.com/press-release/staffing-360-solutions-executes-agreement-with-employagiorg-otcqb-staf-1774128.htm