Pittsburgh Accounting and CPA News


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KPMG Ignition Sparks Innovation For Clients

Located in Midtown New York, KPMG Ignition brings together KPMG's Innovation Lab, Insights Center and Technology Solutions into one centralized location, alongside the firm's diverse teams of consultants, researchers, data scientists, designers, and developers to collaborate with clients to solve today's most complex business challenges. According to KPMG's 2016 CEO Study, 85 percent of business leaders said they need more time to strategize about how to foster innovation and proactively address disruptive challenges.

Nine in 10 CIOs Increasing Focus on Innovation in Times of Political...

Two thirds of organizations are adapting their technology strategies in the midst of unprecedented global political and economic uncertainty, with 89 percent maintaining or ramping up investment in innovation, including in digital labor, and more than half investing in more nimble technology platforms, according to the 2017 Harvey Nash KPMG CIO Survey, the world's largest survey of IT leadership. It is clear digital strategies have infiltrated businesses across the globe at an entirely new level.

5 Things You Need to Hear From Altria's Shareholder Meeting

CEO Marty Barrington led the discussion at the meeting, which included a brief business update and votes on key provisions. As you'll see below, what the company revealed wasn't earth-shattering, but it still shows the direction that the tobacco giant intends to follow going forward.

Operio: A technological solution that helps SMEs

In today's growing technology market, Raymond Chabot Grant Thornton offers entrepreneurs the opportunity to reduce time spent on accounting tasks to focus on growing their businesses. Operio is an intelligent operational solution that facilitates administrative management.

Beacon Trust Co. Has $233,000 Stake in H & R Block Inc

Beacon Trust Co. cut its stake in H & R Block Inc by 9.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission .

H & R Block Inc (HRB) Downgraded by Zacks Investment Research to Hold

According to Zacks, "H&R Block outperformed the Zacks categorized Consumer Services Miscellaneous industry in the past three months. H&R Block remains focused on expanding its client base and lowering operating costs through stringent cost-cutting initiatives to drive future growth.

Bids for Banco BPM's 'Project Rainbow' bad loan pool at 250-300 mln euro-sources

May 23 Bids submitted by investors for a 720 million euro bad loan portfolio that Italian bank Banco BPM has put up for sale range between 250 million and 300 million euros, three sources familiar with the matter said. Binding offers for the portfolio, dubbed 'Project Rainbow', are due on June 5 at the latest and advisers KPMG and Banca Akros will take about a week to assess them, the sources said.

Nearly 30% of Australian workers believe use of bribery common to win contracts: Survey

A survey by U.S.-based advisory firm Ernst & Young L.L.P. has found that nearly 30% of Australian employees believe it is common practice in their industry to use bribery to win contracts, IT Wire reports. Nearly a quarter of the respondents believe there are no clear penalties for breaking their firms' anti-bribery/anti-corruption policies.

Press release distribution, EDGAR filing, XBRL, regulatory filings

Global Big Data Services Market - Analysis, Technologies & Forecasts to 2021 - Key Vendors are Accenture, Deloitte, Hewlett- Packard, IBM, PricewaterhouseCoopers, SAP & Teradata - Research and Markets )--Research and Markets has announced the addition of the "Global Big Data Services Market 2017-2021" report to their offering. The global big data services market to grow at ... )--Research and Markets has announced the addition of the "Global Membrane Market 2017-2021" report to their offering.

Matthew A. Drapkin Buys 28,670 Shares of PRGX Global Inc (PRGX) Stock

PRGX Global Inc Director Matthew A. Drapkin bought 28,670 shares of PRGX Global stock in a transaction that occurred on Monday, May 22nd. The stock was bought at an average cost of $6.20 per share, with a total value of $177,754.00.

Brookdale Senior Living, Inc. (BKD) Receives Average Recommendation of "Hold" from Analysts

Brookdale Senior Living, Inc. has earned a consensus rating of "Hold" from the nine brokerages that are covering the company. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company.

Results of Audit Tender and Committee Appointments

As announced in the Company`s annual report for the financial year ended 31 January, 2017, the Audit Committee has recently conducted a tender process to determine the most suitable firm to act as the Company`s auditor. Four potential audit firms were asked to indicate their interest in the appointment and to provide certain initial information.

Israeli companies explore listing options in Hong Kong, says PwC

Tel Aviv exchange has more than 500 listed companies while 78 Israeli firms are listed on US stock markets, with market caps of between US$100m and US$30b Israeli technology and health care companies are eyeing stock market listings in Hong Kong in a bid to establish closer ties with Chinese investors and customers, according to accounting giant PricewaterhouseCoopers. The firm's Israel partner Eitan Glazer has just led a delegation of companies to Hong Kong to meet with senior stock exchange officials and investors.

H & R Block (HRB) Given News Impact Rating of -0.07

News coverage about H & R Block has trended somewhat negative recently, according to AlphaOne Sentiment. AlphaOne, a subsidiary of Accern, identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time.

H&R Block names interim CEO as Bill Cobb plans to retire

H&R Block Inc. announced that general counsel and chief administrative officer Tom Gerke will take over as interim chief executive officer to replace Bill Cobb, who plans to step down in July. The biggest U.S. tax-preparation firm hired recruiters to help find a permanent replacement, Kansas City, Mo.-based H&R Block said in a statement.

Baird Financial Group Inc. Has $2.161 Million Stake in H & R Block Inc

Baird Financial Group Inc. boosted its stake in shares of H & R Block Inc by 11.2% during the first quarter, Holdings Channel reports. The institutional investor owned 92,940 shares of the company's stock after buying an additional 9,342 shares during the period.

Mitsubishi UFJ Trust & Banking Corp Sells 8,211 Shares of H & R Block Inc

Mitsubishi UFJ Trust & Banking Corp cut its position in H & R Block Inc by 1.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission . The firm owned 457,685 shares of the company's stock after selling 8,211 shares during the period.