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January 19, 2006
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ACS AFFIRMS NO SALE...Affiliated Computer Services announced that recent unsolicited discussions with a group of private-equity investors regarding a possible sale of the company have ended. ACS has been considering alternatives to enhance shareholder value including the discussions with a group of private-equity investors, as well as the possible dual class recapitalization proposal described in the company's September 30, 2005 proxy statement.
MELLON REPORTS FOURTH QUARTER EPS OF $.50...Mellon Financial Corporation reported income from continuing operations of $208 million, or 50 cents per share, in the fourth quarter of 2005. This compares to income from continuing operations of $199 million, or 47 cents per share, in the fourth quarter of 2004, and $196 million, or 47 cents per share, in the third quarter of 2005.
PAYCHEX EXECUTIVE CHANGES...Paychex, Inc. announced the retirement of the company's Vice President of Human Resource Services (HRS) Operations and the appointment of her successor. Additionally, the company named a new Vice President and Chief Legal Officer.
PLAN NOW F0R THE FORBES/OUTSOURCING CENTER 2006 SPECIAL REPORTS...Forbes and Outsourcing Center are teaming up again in 2006 for two special text/advertising reports focused on best practices in managing outsourcing relationships. The first report is scheduled for the June 5, 2006 issue of Forbes and will close for advertising participation on March 21. The second report will appear in the November 27 issue with a close date of September 11. Participating advertisers receive a text profile or customer case study that will appear in the pages of Forbes magazine, which is read by some 5 million business decisionmakers. For more information and special rates for Outsourcing Alert subscribers, contact Jerry Bowles.
Posted by jbowles at January 19, 2006 04:36 PM




