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Press Releases
The latest news and information from Deloitte LLP and its subsidiaries. Press releases date back approximately 12 months, with the most recent appearing at the top of the page. To receive the latest news and information from Deloitte—delivered to your desktop — sign up for our RSS feeds. Learn more from our media contacts or connect with us at a Deloitte event.
| A New Year’s Resolution for Aerospace & Defense Companies: Optimize Their Supply Chain Or Risk Being Left Behind |
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January 15, 2008 |
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NEW YORK, January 15, 2008 – Information released today from the Deloitte Consulting LLP Aerospace & Defense (A&D) industry group indicates that achieving top-tier supply chain performance proves more elusive than expected. The risk of disruption and incremental costs for A&D companies is “real and significant” if companies don’t implement changes now to help ensure the longevity and success of their supply chains. “The risks are imminent,” said |
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| Deloitte Research Leading Index Falls, Driven by Higher Inflation |
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January 15, 2008 |
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NEW YORK, January 15, 2008 -- The Deloitte Leading Index of Consumer Spending fell to a new low this month, driven by sharply higher inflation in November, combined with continued falling home prices. “Increases in energy and food prices are reducing consumer purchasing power,” says Carl Steidtmann, chief economist with Deloitte and author of the monthly index. “Sharply higher inflation caused real wage growth to fall to close to zero percent this month and, combined with continued falling home prices, caused the... |
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| Deloitte Financial Advisory Services Acquires Barrasso Consulting |
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January 14, 2008 |
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NEW YORK, January 14, 2008 - Deloitte Financial Advisory Services LLP (Deloitte FAS) announced today that it has acquired certain assets of Barrasso Consulting LLC (Barrasso), a firm specializing in planning and executing litigation discovery programs, to further enhance Deloitte FAS’ existing national Forensic & Dispute Services practice. This strategic acquisition expands Deloitte FAS’ existing suite of services offered to companies and counsel related to disputes and investigations. As a result of this transaction, Deloitte FAS completes the continuum of services that it already offers: from... |
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| Deloitte: The Business Issues That Will Matter Most in 2008 |
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January 14, 2008 |
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NEW YORK, January 14, 2008 – The 2008 Presidential election. Energy costs expected to continue their upward climb in 2008. Customers demanding more environmentally friendly products than ever before. Each are challenges and opportunities that will frame 2008, and are three areas that will have dramatic impacts across multiple industry sectors in the coming year, according to a Deloitte report being released today by Deloitte & Touche USA LLP. “Executives who deeply understand the issues in their industry sector can better position their organizations for competitive advantage in an uncertain... |
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| Chinese and Russian Retailers Break into the World's Top 250, According to Deloitte Study |
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January 14, 2008 |
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NEW YORK, January 14, 2008 – Retailers from China and Russia have for the first time entered the list of the world’s 250 largest retailers, according to a new report, 2008 Global Powers of Retail, from Deloitte Touche Tohmatsu, in conjunction with STORES magazine. A total of six retailers from the two countries have entered the Top 250 rankings, including Chinese retailer Bailian Group, which entered the list at number 101.1 The highest-ranked Russian retailer was X5 Retail Group at number 191. Dr.... |
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| Deloitte Survey: Top Banks' Compliance Spending Grows 159 Percent Over 5 Years |
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January 14, 2008 |
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NEW YORK, January 14, 2008 – Compliance costs at the some of the nation’s top banks have grown significantly faster than net income, according to a new survey of 20 of the top 50 banking and thrift institutions in the United States conducted by the Deloitte Center for Banking Solutions. The report – Navigating the Compliance Labyrinth: The Challenge for Banks – finds that compliance spending grew 159 percent, on average, over a five-year period, with one bank stating its compliance-related... |
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| Nearly One-Half of Americans are Creating Their Own Entertainment Content Online According to Deloitte’s 2008 State of the Media Democracy Survey |
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January 7, 2008 |
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LAS VEGAS, January 7, 2008 – Nearly one-half of U.S. media consumers are frequently creating online content for others to see, according to a soon-to-be released survey commissioned by Deloitte & Touche USA LLP. This marks a 12 point escalation from a prior survey commissioned by Deloitte in the spring of 2007, challenging the conventional assumption that online content creation is limited to a niche group of technology-savvy individuals. This and additional top-line survey findings will be released today at the Consumer Electronics Show in Las Vegas.
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| Deloitte Studies Find Significant Opportunity for Cost Containment and Efficiency in Life and Annuities Industries |
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January 7, 2008 |
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NEW YORK, January 7, 2008 – Deloitte today announced the results of its 12th annual life and annuity back-office operations benchmarking studies, LIONS 2007 and ACES 2007, which provide comparative analysis widely used by top insurance companies to benchmark expenses for operations and information technology (IT). The analysis covers a variety of topics including efficiency, effectiveness, key trends, use of technology and business performance. “Given the increasingly competitive and slow growth environment for life insurance products, cost containment through operational efficiency is considered a top... |
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| Deloitte Wins Two Oracle North America Titan Awards for the Second Consecutive Year |
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December 31, 2007 |
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NEW YORK, December 31, 2007 – Deloitte Consulting LLP announced today it has received top honors in two categories of the Oracle PartnerNetwork, North America Titan 2007 Partner Awards. This is the second consecutive year that Deloitte Consulting has been honored with two awards. Deloitte Consulting received the Oracle® e-Business Suite Solution Award and the Manufacturing Industry Solution Award. The awards recognized Deloitte Consulting for applying deep industry and technical know-how in developing effective services based on the Oracle E-Business Suite and Oracle’s JD Edwards applications. Deloitte Consulting... |
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| Deloitte Research Introduces Leading Index of Consumer Durables Spending; Forecasts Weakness |
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December 24, 2007 |
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NEW YORK, December 24, 2007 - The Deloitte Leading Index of Consumer Durables Spending, introduced today, declined for three consecutive months, auguring weakness in consumer spending on durables. The index has been accurate 72 percent of the time between January 2004 and July 2007, accurately forecasting changes in personal consumption expenditures on durable goods for 31 months out of the past 43 months. This index is a complement to the Deloitte Research Leading Index of Consumer Spending, which tracks consumer cash flow as an indicator of future consumer spending. “Based on our analysis, the index turned negative... |
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