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As the economy plunged in Q4, Corporate America pulled back from recruiting top talent. No doubt, this was a big drag on Heidrick & Struggles International, Inc. (NASDAQ: HSII), which is a top global executive search firm.

In the quarter, revenues fell 12.1% to $134.9 million. Net income was $5.3 million or $0.30 per share, which compares to net income of $9.2 million, or $0.49 per share in the same period a year ago.

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Heidrick & Struggles (HSII) hunts for more business originally appeared on BloggingStocks on Wed, 25 Feb 2009 11:40:00 EST. Please see our terms for use of feeds.

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