--(www.USEquityNews.com)-- 07/17/2008 - Business Services industry alert provided by U.S. Equity News. TeleTech Holdings, Inc. (NASDAQ: TTEC), one of the largest and most geographically diverse global providers of business process outsourcing ("BPO") solutions, recently announced that it has filed with the Securities and Exchange Commission all of its delayed periodic reports, including its Annual Report on Form 10-K for the year ended December 31, 2007 and its Quarterly Reports on Form 10-Q for the quarters ended September 30, 2007 and March 31, 2008. These filings include financial statements that were restated as a result of a voluntary, independent review of TeleTech's historical equity-based compensation practices and related accounting. As previously disclosed, the review was conducted by the Audit Committee of the Board of Directors with the assistance of independent, outside legal counsel and outside forensic accounting consultants.
Authentication and grading services company Collectors Universe Inc. (NASDAQ: CLCT) said its board declared a quarterly cash dividend of 25 cents. The dividend is payable on Sept. 2 to shareholders of record as of Aug. 19.
Allscripts (NASDAQ: MDRX), the leading provider of clinical software, connectivity and information solutions that physicians use to improve healthcare, congratulated the leadership of the United States Congress in passing the Medicare Improvements for Patients and Providers Act of 2008 (H.R. 6331) last night. The Act, for the first time ever, provides financial incentives to physicians who adopt electronic prescribing (ePrescribing), requires adoption by 2011, and delays any reduction in fees for treating Medicare patients. The Act will increase Medicare payments to physicians who regularly utilize ePrescribing by 2 percent in 2009 and 2010, then slightly less over the next three years. Physicians who do not use the technology would see their payments cut by 1 percent in 2011, and a maximum of up to 2 percent for 2013 and beyond.
All Asia Licensing, Inc. (OTC: AASI) announced recently the appointment of Jay Gould to its Board of Advisors. "Jay's expert business acumen in international and finance law will provide All Asia Licensing immeasurable opportunity for growth," Anthony Lee, Company CEO said in making the announcement. Gould is a partner with Pillsbury, Winthrop, Shaw, Pittman, LLP. He practices law in the corporate and securities areas and is the leader of the firm's investment funds and investment management practice team. Gould has served as chief counsel for E*TRADE Global Asset Management, Inc., Vice President with TransAmerica Life Companies, senior counsel to Bank of America and as an attorney with the Securities and Exchange Commission.
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