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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.
| Deloitte Announces $300 Million Investment In Its People |
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June 30, 2008 |
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NEW YORK, June 30, 2008 — Deloitte LLP announced today that it will invest approximately $300 million in the creation of a state-of-the-art learning and leadership development center in the Dallas-Ft. Worth area in Westlake, Texas. Construction on the new facility will begin in 2009 and the center is expected to open in 2011. The facility will serve as a central destination for all of Deloitte’s talent, including everyone from new hires to senior leadership to partners, principals and directors. The 750,000-square-foot campus will have 800 guest rooms. “As our industry evolves faster... |
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| James A. Zingale, Former Executive Director of the Florida Department of Revenue, Joins Deloitte |
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June 30, 2008 |
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WASHINGTON, D.C., June 30, 2008 — James A. Zingale, Ph.D., the former executive director of the Florida Department of Revenue (DOR), has joined Deloitte as a State Government industry advisor. In this new role, Zingale will serve as a key advisor for Deloitte’s state revenue and finance transformation service offerings. “We are pleased that Dr. Zingale has joined our team, and look forward to the contributions he will make to our organization,” said Robert N. Campbell III, vice chairman and U.S. State Government leader, Deloitte LLP. “Dr. Zingale has been a leader in advancing... |
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| Deloitte Provides Advice To Companies On Avoiding Mergers And Acquisition “Lies” With New Book |
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June 26, 2008 |
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NEW YORK, June 26, 2008 — M&A Lies, and Why They’re Sometimes True, the ninth installment in Deloitte’s Straight Talk book series, can help companies take the guesswork out of the deal process, so that transactions have a better chance to achieve the expected objectives. The booklet delivers insights and practical advice on important business and industry issues impacting the marketplace —presented... |
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| Food Retailers and Manufacturers Face a Dilemma as Food Prices Continue to Rise |
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June 24, 2008 |
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NEW YORK, June 24, 2008 — As higher commodity prices become "the new normal" rather than a temporary peak, we may see a greater impact on consumer behavior and retailer and supplier strategies than has been apparent so far, according to a new report, "Food and Beverage 2012 – a taste of things to come," from Deloitte Touche Tohmatsu. While current food commodity prices may come down from their current peaks, the increases already seen in the real cost of food represent a permanent step change. With consumers also being impacted by higher energy... |
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| Deloitte Study: Government Finance Departments Around the World Struggling to Meet More Complex Public Sector Demands |
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June 23, 2008 |
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WASHINGTON, D.C., June 24, 2008 — Governments around the world are significantly constrained in the area of finance, according to a new Deloitte study, “Mastering Finance in Government: Transforming the Government Enterprise Through Better Financial Management,” one of the largest global surveys ever conducted of government finance officials. Despite progress in streamlining transactional efficiency over the past decade, 48 percent of the public officials surveyed believe that their organizations lack adequate financial management... |
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| IFRS Adoption Gaining Momentum, But U.S. Companies Need More Preparation And Education: Deloitte Survey |
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June 19, 2008 |
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NEW YORK, June 19, 2008 — A new survey by Deloitte indicates that U.S. companies’ interest in adopting International Financial Reporting Standards (IFRS) is steadily increasing. Thirty percent of CFOs and other senior finance professionals surveyed said they would consider adopting IFRS, if given a choice by the U.S. Securities and Exchange Commission (SEC) within the next three years. Another 28 percent of respondents said they either lacked sufficient information to make a decision about IFRS, or they were simply... |
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| As Consumers Feel Financial Burden of Increasing Health Care Costs, Health Plans Have Opportunity to Address Unmet Needs & Become Trusted Advisors |
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June 19, 2008 |
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SAN FRANCISCO, June 19, 2008 — According to a recent survey from the Deloitte Center for Health Solutions, a part of Deloitte LLP, only 7 percent of Americans are financially prepared for their future health care needs. At the same time, only 10 percent of consumers are completely satisfied with their health plans. As non-traditional players enter the health care arena and begin to respond to consumers’ demand for increased access to online tools, information and services, health plans must act quickly to improve relationships with... |
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| Deloitte Reports Insurance Industry Poised For Growth Despite Challenging Environment If Innovation Replaces Tradition |
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June 19, 2008 |
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NEW YORK, June 19, 2008 — While the insurance industry faces challenges over the short and long term – due to a softening market, pricing pressure, and increased global competition – there is tremendous opportunity for carriers that pursue growth strategies in addition to cost efficiencies, according to Deloitte’s “Global Insurance Industry Outlook – Mid-Year Update 2008”, recently released.
“The insurance industry faces a tremendous challenge as it pursues future growth. While profitable growth is the... |
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| Deloitte Foundation Renews Commitment To Accounting Education With $1 Million Pledge |
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June 19, 2008 |
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WILTON, CONN., June 19, 2008 — The Deloitte Foundation, the nonprofit arm of leading professional services firm Deloitte, has renewed its commitment to addressing the accounting Ph.D. faculty shortage by pledging $500,000 to the American Accounting Association (AAA)/Deloitte/J. Michael Cook Doctoral Consortium and to supporting educational programs for accounting professors by pledging $500,000 to the Robert M. Trueblood Seminars for Professors. The $1 million gift to the AAA will fund approximately four years of doctoral consortia as well as the 2009 and 2010 Trueblood Seminars. The 38th Annual AAA Doctoral... |
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| United States Is No. 1 As Manufacturers Plan To Expand, New Deloitte Survey Shows |
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June 18, 2008 |
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WASHINGTON, D.C., June 18, 2008 – Despite intense global competition, manufacturers consider North America to be the most desirable region for expansion over the next three years, according to a new survey released today by Deloitte. The survey, Made in North America, targeted top-tier executives of manufacturing companies with North American operations. Results showed that these companies have expansion plans for a variety of operations, including sales, service, research and development (R&D), and sourcing. While expansion plans are global, North America — especially the United States — was cited as the No. 1 likely... |
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