March 25, 2009
2008 revenue at EUR 8.7 billion was up 5% on local currency terms versus 2007 revenue, but was flat on Euro terms to the reported 2007 revenue of EUR 8.7 billion, as the Euro and GB Pound had appreciated against the US dollar at least for the first ten months of 2008. Operating profit as a percentage of revenue actually increased from 7.4% in 2007 to 8.5% in 2008, and operating profit in EUR terms increased from 493 million to 586 million. Capgemini decreased somewhat its cash position, holding EUR 774 million of cash at end of 2008 versus EUR 889 million of cash at end of 2007. Consulting and Outsourcing bookings rose to EUR 9.3 billion in 2008, up 4% from 2007...
When do the legendary game of golf and great Big Four firms meet on equal ground?
Last month KPMG UK introduced a scheme where all of KPMG UK's 11,000 employees could as a group take a voluntary pay cut through either a 4 day work week or a sabbatical in order to avoid any job cuts for employees selectively affected by the global economic crisis...
The upcoming 81st Annual Academy Awards, popularly known as the Oscars will be held in Los Angeles on Sunday, February 22, 2009.
KPMG just announced today its 2008 revenues, which have increased 14.5% from US$19.8 billion to US$22.7 billion for the year ending September 30, 2008. In local currency terms growth was only 8.4%, the difference of 6.1% being attributable to the declining US dollar against all major world currencies in this period...
During one of the most riveting election campaigns in recent times, President-Elect Barack Obama has achieved a historic landslide victory.
The Big Four firm Chairmen are key players in the World Economic Forum Annual Meeting of New Champions in Tianjin, China. Deloitte and Touche, Ernst and Young and PricewaterhouseCoopers are key Mentors of the program, while KPMG was noticeably missing...
On September 19, 2008 just a week ago, BearingPoint (NYSE: BE) stock hit a new 52 week and all-time low of just 50 cents a share. Based on the 218 shares outstanding, the market capitalization on that day was only $109 million. Add this to about $650 million in debt to come to an enterprise value of $759 million...
Three of the Big Four firms have made the Top 10 of the latest Working Mother magazine rankings for Best Companies for Working Mothers. Ernst and Young, KPMG and PricewaterhouseCoopers made it into the elite group of 10 best companies which provide mom-friendly part-time career paths for working mothers. Deloitte and Accenture didn’t make the top 10 but surely made in the top 100. BearingPoint was conspicuously missing, and Capgemini didn’t make the list either, more so since it didn’t fall into the covered US company universe...
We were browsing KPMG’s website and came across the upcoming KPMG World Job Fair, virtually available on the internet from 24 to 26 September 2008, and an interesting event for all Big4 alumni who wish to learn more about KPMG people and career options...
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