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TROY, Mich., Feb. 3, 2012 /PRNewswire/ – HTC Global Services (HTC) is pleased to announce a key addition to its strategic team, as Tom Rowland joins HTC as an Executive Advisor. As a former Information Officer at GMAC/Ally Bank and General Motors, Tom has experience in building and leading large-scale global IT teams through major corporate transformations.  Tom specializes in IT strategic planning, IT transformation, and Business Information management.  He is highly regarded for his ability to leverage diversity to build strong, high functioning global teams and practices.

“We are tremendously excited to have Tom join the HTC team to assist in strategic planning and business development. HTC has been providing thought leadership in the Data Management and Informatics space, and Tom is an excellent addition to our team for this purpose,” said Mr. Madhava Reddy, President and CEO of HTC. “As Executive Advisor, Tom brings his deep management and operational experiences that will add value to our portfolio of services and will be instrumental in assisting our clients reach their strategic IT goals.”

About Tom Rowland

A veteran of Insurance/Finance and Automotive Industries with over 30 years of technology and operational experience, Tom Rowland was most recently an Information Officer at GMAC/Ally Bank from 2006 through 2010. There, as a key member of the senior executive team, he led the IT integration of formally disparate business units across US, Europe, China and Mexico.  Tom also spent four years in Korea setting up and leading the IT organization for the GM-Daewoo joint venture.  His international experience provides him a unique perspective on value added outsourcing opportunities and practical implementation strategies.

About HTC Global Services

HTC Global Services, Inc. (HTC) is a global provider of IT Solutions and Business Process Outsourcing services with its corporate headquarters in Troy, Michigan. HTC specializes in innovative and cost-effective services and solutions to shorten the time to market, reduce costs and improve business processes, and in providing business value to clients through IT and BPO services and solutions. 

For more information about HTC, please contact Venu Vaishya – Executive Vice President at 248-786-2500 X 120 or visit www.htcinc.com.

SOURCE HTC Global Services Inc.

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By Ryan Vlastelica

NEW YORK |
Fri Feb 3, 2012 10:31am EST

NEW YORK (Reuters) – Stocks rallied more than 1 percent on Friday, extending a rally in equities, after a report showed U.S. job growth surged in January.

Nonfarm payrolls jumped by 243,000 in January, the Labor Department said, the most since April and far exceeding forecasts. The unemployment rate dropped to a near three-year low of 8.3 percent.

“People have been underestimating the economic recovery and the expansion we’re going through,” said Brad Sorensen, director of market and sector analysis at Charles Schwab in Denver. “This report was really solid and continues a string of solid numbers. Things are better than people have expected.”

In another upbeat report, the pace of growth in the services sector unexpectedly accelerated in January to its highest level in nearly a year.

The steady stream of positive reports has helped fuel a rally in stocks. The SP 500 is up more than 6 percent so far this year and almost 25 percent since an October low.

“We’re starting to get extended in the near term, so it wouldn’t be surprising to get a little bit of a pullback soon,” Sorensen said, adding that he would use it to add to positions.

The Dow Jones industrial average .DJI jumped 163.52 points, or 1.29 percent, at 12,868.93. The Standard Poor’s 500 Index .SPX was up 17.17 points, or 1.30 percent, at 1,342.71. The Nasdaq Composite Index .IXIC rose 41.01 points, or 1.43 percent, at 2,900.69.

So far this week the SP is up 1.6 percent and on track for its fifth week of gains. The Dow has risen 1.2 percent and the Nasdaq, also set for a fifth straight winning week, is up 2.5 percent.

Tyson Foods Inc (TSN.N) rose 3.4 percent to $19.26 after quarterly earnings beat expectations.

Aon Corp (AON.N) also reported higher-than-expected profit that just beat estimates. Its shares fell 1.2 percent to $48.77.

Gilead Sciences Inc (GILD.O) climbed 10 percent to $54.39 a day after announcing promising early results from a trial of a hepatitis C drug. It also said adjusted fourth-quarter profit was below consensus.

Of the 283 SP 500 companies that have reported results thus far, 60 percent have posted results that beat expectations, a lower rate than in previous quarters.

Earnings this season have been mixed, with fewer companies beating expectations than in recent quarters. Many technology names, including Qualcomm Inc (QCOM.O) and Apple Inc (AAPL.O), have posted blowout quarters, contributing to the recent strength in the Nasdaq.

(Reporting by

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By Lucia Mutikani

WASHINGTON |
Fri Feb 3, 2012 9:25am EST

WASHINGTON (Reuters) – The economy created jobs at the fastest pace in nine months in January and the unemployment rate dropped to a near three-year low of 8.3 percent, providing some measure of comfort for President Barack Obama who faces re-election in November.

Nonfarm payrolls jumped 243,000, the Labor Department said on Friday, as factory jobs grew by the most in a year. The gain in overall employment was the largest since April and outpaced economists’ expectations for a rise of only 150,000.

The report pointed to underlying strength in the economy, despite expectations that growth will slow in the first quarter.

Economists had expected the jobless rate to hold steady at 8.5 percent. The rate is the lowest since February 2009 and has dropped 0.8 percentage point since August.

The decline last month reflected large gains in employment in the separate household survey from which the unemployment rate is derived.

“It’s certainly supportive of the U.S. recovery and suggests that momentum is gathering pace,” said Brian Dolan, chief market strategist at FOREX.com in Bedminster, New York.

U.S. Treasury debt prices fell sharply on the report, while stock index futures surged. The dollar rose against the yen.

The continued labor market improvement could be a relief for Obama who faces a tough re-election.

The report contrasted with a glummer assessment of the economy’s prospects offered by the Federal Reserve last week and it could lessen chances of the central bank launching another round of asset purchases to spur a stronger recovery.

Chairman Ben Bernanke said the Fed was mulling further purchases to speed up the recovery. It has already bought $2.3 trillion in bonds to keep rates low and spur the economy.

“Certainly the Fed will welcome it but they remain worried about other areas of the economy, namely housing. This should not change its view on the economy,” said Andrew Wilkinson, chief economic strategist at Miller Tabak Co. in New York.

The U.S. central bank said it would probably hold interest rates near zero at least through 2014, citing still-high unemployment.

BROAD JOB GAINS

Job gains last month were widespread, with even the transportation and warehousing sector increasing payrolls.

The tenor of the report was further strengthened by revisions to November and December payrolls data, which showed 60,000 more jobs created than previously reported.

In addition, average hourly earnings rose four cents, which should help to support spending. The report suggested that expectations of a slowdown in U.S. economic growth in the first

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Latest feature in web app from Reprints Desk enables researchers to import multiple references from PubMed into Bibliogo for batch ordering and inclusion in crowd-sourced bibliographies

SANTA MONICA, Calif., Feb. 2, 2011 /PRNewswire/ – Reprints Desk, Inc., a Derycz Scientific (OTC.BB:DYSC) company, today announced new PubMed citation and saved search importing features in Bibliogo, the journal article web app that helps users do more with scientific papers. Available freely to individual users who sign up at www.bibliogo.com, the latest Bibliogo features enable researchers to save time accessing full-text papers from PubMed and to improve the ways in which they manage and collaborate around scientific literature. 

Researchers click the new Bibliogo bookmarklet to push up to 100 PubMed references into Bibliogo’s multitasking engine, a kind of command central for price quotes, full-text paper acquisition and bibliography building. Actions are executed quickly on single references or across multiple references simultaneously without consuming any additional research time.

Researchers also use the bookmarklet to follow PubMed searches in Bibliogo. A single click inserts any PubMed search into Bibliogo’s monitoring and alerting system. Current and new results from PubMed searches, alongside references from table of contents subscriptions and other sources, surface to the top of each researcher’s Bibliogo feeds. Bibliogo then pushes alerts to researchers’ inboxes via email.

“Research scientists’ time is extremely valuable,” said Ian Palmer, Head of Marketing at Reprints Desk. “Productivity tools such as Bibliogo make research discovery much more efficient and have the potential to generate hundreds of thousands of dollars in soft cost time savings annually across a workforce.”

Reprints Desk expanded its single article document delivery and bulk article clinical reprints service features when it added Bibliogo to its Article Galaxy product platform in 2011. Bibliogo was named winner of the 2012 Best Online Science or Technology Service and a candidate for Best Collaboration/Social Networking Solution by the Software Information Industry Association (SIIA) for their annual CODiE Awards.  PubMed, a free Web service provided by the US National Library of Medicine (NLM), provides daily access to over 21 million biomedical citations for millions of users.

To view a video tour of the newest Bibliogo features or to sign up for a free account and experience the breakthroughs made possible by Bibliogo, visit www.bibliogo.com. For more information about Reprints Desk, visit www.reprintsdesk.com.    

About Reprints Desk®

Reprints Desk improves how

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WASHINGTON |
Thu Feb 2, 2012 9:14am EST

WASHINGTON (Reuters) – New claims for unemployment benefits in the United States fell more than expected last week, pointing to more healing in the nation’s battered jobs market.

Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted 367,000, the Labor Department said on Thursday.

Job growth has gained momentum in recent months and the unemployment rate dropped to a near three-year low of 8.5 percent in December.

Analysts will be watching Friday’s report on January payrolls for insight into what it will mean for policy after the Federal Reserve last week left the door open to additional economic stimulus.

“This is certainly a positive in front of non-farm payrolls and further supports the view that the U.S. economy is creating more jobs with the prospect for a lower unemployment rate,” said Michael Woolfolk, a currency strategist at BNY Mellon in New York.

Analysts polled by Reuters before Thursday’s data expected the payrolls report would show the unemployment rate holding steady at 8.5 percent.

U.S. stock futures erased losses to turn positive after the data, while Treasury debt prices pared gains.

Economists polled by Reuters had forecast claims falling to 375,000. Claims have been lower than 400,000 for eight of the last 10 weeks, holding below a level associated with labor market healing.

The four-week moving average for initial claims, a trend measure that smooths out volatility, fell 2,000 to 375,750.

“It certainly suggests we will continue to see job growth at the higher end of the recent range (which has been between) 100,000 to 200,000,” said Christopher Low, an economist at FTN Financial in New York. “If claims continue to drop then we should see job growth stronger than that.”

The Federal Reserve last week acknowledged some improvement in the labor market, but said the jobless rate remained too high and that it would likely keep overnight lending rates near zero until at least late 2014.

Chairman Ben Bernanke, who is due to testify before lawmakers later on Thursday, has said the Fed was mulling further asset purchases to help foster stronger economic growth.

The number of people still receiving benefits under regular state programs after an initial week of aid fell 130,000 to 3.437 million in the week ended January 21, the lowest since September 2008.

Economists had forecast so-called continuing claims at 3.55 million.

The number of Americans on emergency unemployment benefits rose 100,392 to 3.022 million in the week ended January 14, the latest week for which data is available.

A total of

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