CDI to Acquire ScaleneWorks, an India-Based Talent Acquisition Solutions Company

CDI Corp (CDI) Enters greement to Acquire ScaleneWorks People Solutions

CDI Corp (NYSE: CDI) announcd that it has entered into a definitive agreement to acquire ScaleneWorks People Solutions LLP, a privately held, emerging leader in talent acquisition solutions in India. Financial terms of the transaction were not disclosed. The closing is subject to certain conditions, including regulatory approval by Indian authorities. The acquisition is expected to be immediately accretive to... More

CDI Corp (CDI) Forms IT Outsourcing Company, Congruent Talent

CDI Corp (NYSE: CDI) announced that CDI and two corporate partners have signed a memorandum of understanding to join forces and deliver industry leading capabilities to Congruent Talent, a newly formed minority-owned company. Congruent Talent, with the support of its corporate partners, will provide U.S. companies with skilled technical and professional IT and engineering talent. Partnering with Congruent Talent will be Acro Service Corp. (Acro), Mastech Inc. (NYSE: MHH) and CDI. Additionally, CDI will... More

CDI Corp (CDI) Declares $0.13 Quarterly Dividend; 4.2% Yield

CDI Corp (NYSE: CDI) declared a quarterly dividend of $0.13 per share, or $0.52 annualized.

The dividend will be payable on September 1, 2015, to stockholders of record on August 18, 2015, with an ex-dividend date of August 14, 2015.

The annual yield on the dividend is 4.2... More

CDI Corp. (CDI) Misses Q2 EPS by 1c

CDI Corp. (NYSE: CDI) reported Q2 EPS of $0.00, $0.01 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $246.8 million versus the consensus estimate of $249.6 million.

CDI Corp. sees Q3 2015 revenue of $240-250 million, versus the consensus of $258.7 million.

For... More