ManpowerGroup Inc. (MAN) is a provider of workforce solutions and services. The Company's segments include Americas, Southern Europe, Northern Europe, Asia Pacific Middle East (APME), Right Management and Corporate. The Company's Americas segment includes operations in the United States and Other Americas. Its Southern Europe segment includes operations in France, Italy and Other Southern Europe. Its Northern Europe segment includes operations in the United Kingdom, the Nordics, Germany and the Netherlands. Its APME operations provide a range of workforce solutions and services offered through Manpower, Experis and ManpowerGroup Solutions, including permanent, temporary and contract recruitment, assessment and selection, training and outsourcing. Its Right Management segment provides talent and career management workforce solutions. It provides services under its Experis brand, particularly in the areas of information technology (IT), engineering, finance and accounting, and healthcare.
MAN was in a solid upward trend before Brexit. It could find support at 63.xx or 60.xx if it breaks out of 63 support line. Here is my full DD on MAN with charts
Nice pop here +7% on the open Manpower beats Street 3Q forecasts MILWAUKEE (AP) _ ManpowerGroup Inc. (MAN) on Friday reported third-quarter net income of $129.2 million. The Milwaukee-based company said it had profit of $1.87 per share. The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.72 per share. The staffing company posted revenue of $5.09 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $4.93 billion. Manpower shares have declined 14 percent since the beginning of the year. The stock has decreased 17 percent in the last 12 months.
