Staffing Stocks Decline and Follow Broader Market Lower on General Electric Report

NEW YORK (AP) -- Shares of staffing companies declined in morning trading Friday, following Wall Street lower on General Electric's disappointing first-quarter report.

A weaker-than-expected consumer confidence report reading also unnerved investors.

In the staffing sector, Lehman Brothers analyst Gary Bisbee trimmed his price target on Manpower Inc. on a softening jobs outlook.

Here is how some key staffing stocks did Friday:

On Assignment Inc., down 9 cents to $6.99.

Cross Country Healthcare Inc., down 33 cents, or 2.6 percent, to $12.38.

Manpower, down $2.25, or 4 percent, to $54.42.

Korn/Ferry International Inc., down 47 cents, or 2.6 percent, to $17.32.

TrueBlue Inc., down 19 cents to $12.41.

Kelly Services Inc., down 45 cents, or 2.2 percent, to $20.37.