Taleo declines despite new customer
Shares of Taleo Corp. (Nasdaq:TLEO) are down despite news before the opening that technology offered by the talent management solutions company has been selected by Kindred Healthcare Inc. (NYSE:KND).
“Our goal with Taleo’s recruiting solution is to allow us to more quickly identify and move candidates through the recruiting and hiring process," said Wendy Swisher, Kindred’s VP of Human Resources and Leadership Development, in a statement.
At 1:38 p.m. ET, the stock had lost $0.85, or 4%, to $18.40. For detailed price information and recent news stories about Taleo, click TLEO.
