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Robert Half International Inc. (RHI)

  • Dec. 5, 2014, 10:32 AM
    • Staffing stocks are higher after the U.S. economy adds 321K jobs in November.
    • Gainers: Kelly Services (NASDAQ:KELYA) +4.4%, On Assignment (NYSE:ASGN) +1.6%, Robert Half International (NYSE:RHI) +1.3%, ManpowerGroup (NYSE:MAN) +2.1%, Barrett Business Services (NASDAQ:BBSI) +2.8%, TriNet Group Z(NYSE:TRI) +1.7%, Korn/Ferry International (NYSE:KFY) +1.3%, Hudson Global (NASDAQ:HSON) +1.4%.
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  • Jul. 23, 2014, 12:39 PM
    • Robert Half (RHI +6.4%) shares hit an all-time high after Q2 earnings and revenues beat Wall Street expectations, as the provider of professional staffing services cited improving labor markets and higher global demand.
    • RHI's Accountemps business, which provides financial professionals such as payroll clerks and accountants and accounts for more than one third of company revenue, saw revenue increase to $403M from $378.5M; OfficeTeam, which provides temporary and full-time administrative and office workers, saw revenue grow to $226.5M from $207.7M.
    • Deutsche Bank raises its RHI target price to $55 from $48.
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  • Jul. 22, 2014, 5:35 PM
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  • Jul. 22, 2014, 4:39 PM
    • Robert Half International (NYSE:RHI): Q2 EPS of $0.55 beats by $0.03.
    • Revenue of $1.17B (+10.4% Y/Y) beats by $30M.
    • Shares +4.3%.
    • Press Release
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  • Jul. 3, 2013, 2:51 PM
    Temporary staffing firms were among the day's worst performers on the announced delay in enforcing the Obamacare requirement that large employers provide coverage for workers or pay a penalty. William Blair analysts say the removal of a catalyst for hiring temps is a big negative for Robert Half (RHI -5.2%). TrueBlue (TBI -0.3%) and On Assignment (ASGN -1.5%) also fell.
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  • Oct. 18, 2012, 6:57 PM
    More on Robert Half (RHI): Q3 meets on the top line and beats on the bottom as net profit rose 31% Y/Y on better revenue and margins across all segments. Service revenue grew 4.9% to $1.03B. Gross margin widened to 40.2% from 39.8%. Shares +2,2% AH.
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  • Aug. 27, 2012, 3:03 PM
    Shares of Robert Half International (RHI -3.7%) slump lower with rumors breaking that research firm Off Wall Street has issued a negative report on the company.
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  • Jun. 1, 2012, 11:04 AM
    Shares of staffing companies slump after the jobs report highlights a weaker-than-expected market. Decliners: HSON -5.8%, KFRC -3.8%, MAN -2.8%, RHI -3.9%, ASGN -4.8%.
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  • Mar. 7, 2012, 2:06 PM
    Robert Half International (RHI +2.3%) catches a bid after UBS starts coverage with a Buy and $34 PT. The firm expects Robert Half to benefit from both a cyclical recovery in temp staffing, and growing long-term demand for labor cost flexibility. It also thinks growing demand for skilled IT professionals could give the company a lift.
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  • Feb. 3, 2012, 8:42 AM
    The stronger-than-expected NFP report bodes well for the sector of companies tied to staffing and job searches. On the move: RHI +1.4%, LNKD +1.3%, MWW +0.9%. On the watchlist: KELYA, KFRC, RHI.
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  • Jan. 27, 2012, 12:41 PM
    Robert Half International (RHI -8.5%) trades lower after its Q4 results missed across the board, as Street estimates appear to have over-reached after seeing profits more than double or triple the last three quarters. The earnings miss masks a 72% Y/Y jump in profit as the company still sees strong demand for staffing in its technology and accounting sectors.
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  • Jan. 9, 2012, 8:12 AM
    Barron's sees upside for Robert Half (RHI) as more companies expand the use of temporary workers amid economic uncertainty. A positive article over the weekend cites one portfolio manager who calls for a clean double in RHI's value within a year or two on the staffing industry bounce. Shares +1.1% premarket.
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  • Dec. 14, 2011, 2:12 PM
    Robert Half (RHI -2.5%) trades lower on a SunTrust downgrade to Neutral on valuation, citing slowing European demand and aggressive recruiting competition.
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  • Nov. 30, 2011, 10:13 AM
    Following a familiar pattern, staffing company stocks ratchet higher following a positive jobs report. Part-time hiring by companies is viewed by analysts as a likely scenario for many companies who want to stay flexible in the face of economic uncertainty. Gainers: KELYA +5.4%, MAN +7.5%, KFRC +7.2%, RHI +5.7%.
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  • Nov. 10, 2011, 11:56 AM
    Staffing company stocks push higher after initial jobless claims hit a 7-month low - even helping to provide a lift to the shares of online employment-related firms Monster Worldwide (MWW +2.7%) and Dice Holding (DHX +1.8%). Advancers: KFRC 6.2%, BBSI +4.9%, KELYA +2.9%, RHI +3.1%.
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  • Nov. 4, 2011, 10:13 AM
    Sticking with the normal roadmap following a jobs report, staffing companies are showing trading volatility. The slight tick down in the unemployment rate isn't the headliner of the report, it's the overall gloomy trend that has the attention of investors. Decliners: KLYA -1.6%, TBI -1.7%, RHI -1.3%, MAN -1.5%.
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Company Description
Robert Half International Inc provides specialized staffing and risk consulting services through various divisions. The Company operates in North America, South America, Europe, Asia and Australia.