US press releases

Thursday, April 24, 2014

PwC Recognized with Two Rising Stars of the Profession Awards by Consulting Magazine

PwC US today announced that two U.S. Advisory directors, Amanda Cox and Emily Kent, have received Consulting magazine’s “Rising Stars of the Profession” award, which recognizes 35 of the most outstanding talent under the age of 35 in the consulting industry. Cox was honored for her accomplishments in the Financial Services category and Kent was recognized for her achievements in the Client Service category.

Monday, April 21, 2014

PwC Kicks Off Aspire to Lead: The PwC Women’s Leadership Series

First-ever global forum focused on women and leadership geared to students around the world; Live webcast event with Sheryl Sandberg and LeanIn.Org

Friday, April 18, 2014

Venture capital dollars invested in Q1 2014 reaches highest quarterly total since Q2 2001, according to the MoneyTree report

Dollars Invested in Software Companies Reaches $4 Billion for the First Time Since Q4 2000

Thursday, April 17, 2014

Optimism Regarding Domestic Outlook Among U.S. Industrial Manufacturers Rises to Highest Level in Eight Years, According to PwC’s Manufacturing Barometer

Hiring plans remain consistent; concerns about available pool of qualified workers on the rise. Persistent global uncertainty capping long-term capital spending outlays.

Friday, April 11, 2014

2014 Could be a Year of Substantial Change in Securities Litigation According to PwC

Securities Litigation Study finds accounting related cases are at their lowest level in nearly 20 years; More eyes on securities law violations: human and electronic

Thursday, April 10, 2014

PwC Chicago Invests in Financial Literacy and Youth Education with Local Organizations

PwC Charitable Foundation Donates $285,000 to Local Non-Profit Organizations and Schools, Compliments “Earn Your Future” Commitment

Thursday, April 10, 2014

$2.8 Trillion U.S. Healthcare Market Threatened By Disruptive New Entrants Like Those That Reshaped Retail, Banking and Travel, According To PwC’s Health Research Institute

New Consumer Survey Reveals Imminent Risk to $64 billion in Revenues Traditional Health Providers Receive for Common Treatments and Services

Wednesday, April 9, 2014

The Clock is Ticking: Companies Still Rushing to Complete SEC Conflict Minerals Filing, says PwC Survey

Technology, industrial products, energy and mining & retail and consumer industries stay ahead of the curve and uncover business opportunitiesHalf of survey respondents desire to be conflict free

Tuesday, April 8, 2014

Generational Financial Health Gap Widens as Millennials Struggle with Debt, Cash Issues, According to PwC Study

The gap in financial health between generations is growing as Generation Y employees – those currently between the ages of 21 to 32 – are struggling more with debt and cash management issues, while Baby Boomer and Generation X employees’ financial wellbeing has improved in the past twelve months, according to PwC US’s 2014 Employee Financial Wellness Survey.

Tuesday, April 8, 2014

PwC Named a Leader in Four IDC MarketScape Reports for Business Consulting Services: Worldwide, Americas, EMEA and Asia/Pacific

PwC US today announced the firm was selected as a leader in four IDC MarketScape reports on Business Consulting Services in the following regions: Worldwide, Americas, EMEA and Asia/Pacific.

Thursday, April 3, 2014

PwC completes its acquisition of Booz & Company

PwC is pleased to announce today the successful completion of its combination with Booz & Company.

Wednesday, April 2, 2014

PwC’s Q1 IPO Watch Finds IPOs Continue to Dominate the Capital Markets as Activity More than Doubles Compared to Q1 2013

The capital markets continued to demonstrate strong momentum in the third quarter of 2013 as the volume of new public listings matched the previous quarter, and exceeded the third quarter of 2012, according to IPO Watch, a quarterly survey of IPOs listed on U.S. stock exchanges by PwC US.

Tuesday, April 1, 2014

PwC Achieves Vanguard Status in the Kennedy Vanguard™ of the US Department of Defense Consulting Report

Rating demonstrates PwC’s experience in portfolio management capabilities, offering an objective system of prioritization for public sector clients

Tuesday, April 1, 2014

Aligning Stakeholder Expectations with Function Capabilities Helps Drive Internal Audit to Deliver Significant Value, According to PwC

Many organizations have reported that their internal audit functions took strides to improve their performance during the past year, but data shows that the progress has not been sufficient to keep pace with today’s increasingly risky and complex business landscape. Limited improvement of performance continues to hinder internal audit’s ability to build the right capabilities and deliver on stakeholder expectations. However, the bigger challenge lies within the differences of opinion existing between stakeholders and Chief Audit Executives (CAEs) on the nature of what is expected of internal audit, according to PwC’s Internal Audit State of the Profession 2014 study.

Monday, March 31, 2014

PwC Achieves Vanguard Status in the Kennedy Vanguard™ of Mobility IT Strategy Consulting Providers

PwC US today announced it has been selected as a Vanguard firm in the Kennedy Vanguard™ of Mobility IT Strategy Consulting Providers.

Thursday, March 27, 2014

Though 4 in 5 Global CEOs Rank Technology a Top Priority, Only 1 in 5 Companies Claim an Excellent Digital IQ According to PwC’s 6th Annual Digital IQ Survey

PwC identifies five behaviors that accelerate value from digital investments; Organizations that excel in these are twice as likely to be top performers in revenue growth, profitability, and innovationStrong CIO-CMO relationship is critical to boosting Digital IQ

Thursday, March 27, 2014

New Standards and Shifting Preferences Define the Landscape for Insurers, according to PwC’s Top Issues in 2014 Insurance Report

Key areas of increased pressure and opportunity lie ahead for insurance industry in 2014

Tuesday, March 25, 2014

PwC Philadelphia Selected as a Top Workplace in 2014 by Philly.com

Award marks PwC Philadelphia’s fifth consecutive year to be named a Top Workplace

Monday, March 24, 2014

PwC Recognized as Vanguard Firm in the Kennedy Vanguard™ of HR Transformation Consulting Providers Report

Rating demonstrates PwC’s hypothesis driven, engineering approach to HR transformation

Thursday, March 20, 2014

National Survey Shows Growing Confidence in U.S. Economy

OFII and PwC US release 2014 Insourcing Survey, offering keen insights from 101 insourcing Chief Financial Officers

Tuesday, March 18, 2014

Former SEC Commissioner Troy Paredes Joins PwC’s Financial Services Regulatory Practice

Troy A. Paredes has joined PwC US as a senior strategy & policy advisor in the firm's financial services regulatory practice.

Tuesday, March 18, 2014

PwC San Francisco Invests in Financial Literacy Education Programs with Local Organizations

PwC US today announced that its San Francisco office will donate $160,000 to three Bay Area-based non-profit organizations, funded through grants from the PwC Charitable Foundation, Inc. The grants also compliment the professional services firm’s Earn Your Future campaign dedicated to addressing youth education with a combination of donations and skills-based volunteer programs across the United States.

Wednesday, March 12, 2014

PwC’s 2014 M&A Integration Survey Report Shows That Sustained Commitment to Integration Over the Long Term is Critical to Delivering Full Deal Value

Only half of executives polled were committed to integration completion over the long term

Tuesday, March 11, 2014

Nearly three quarters of US retail banking executives view non-traditional competitors as a threat, says new PwC report

“Retail Banking 2020” report offers insight into emerging dynamics and megatrends reshaping the retail banking landscape by 2020

Tuesday, March 4, 2014

Ted Turner Inducted into the Technology Hall of Fame of Georgia

PwC US today announced that Ted Turner will be inducted into the Technology Hall of Fame of Georgia at the Technology Association of Georgia (TAG) 2014 Georgia Technology Summit on March 26, 2014 at the Cobb Galleria Centre in Atlanta.

Tuesday, March 4, 2014

Don Ulsch Joins PwC as Managing Director Focused on Cybersecurity

Leading authority on cybersecurity brings deep industry experience to PwC’s Advisory capabilities

Tuesday, March 4, 2014

PwC Appoints Jessica Good as Assurance Leader of PwC’s Carolinas Market

PwC US today announced that Jessica Good, a 20-year veteran of the firm, has been appointed as the Assurance leader for PwC's Carolinas market. In her new role, she will lead a practice comprising over 375 PwC professionals throughout North and South Carolina. Good succeeds Crawford Pounds who has been appointed as the Market Managing Partner (MMP) for PwC's Carolinas market.

Monday, March 3, 2014

PwC US Completes Acquisition of Minnesota Privacy Consultants

PwC US today announced that it has acquired the assets of Minnesota Privacy Consultants (MPC), including the Company’s privacy professionals and network. MPC helps multinational corporations, government agencies, universities and nonprofits find their sensitive data, classify it, control it and systematically retire it. Founded in 2006, MPC specializes in privacy compliance, including healthcare and cloud computing.

Thursday, February 27, 2014

Global Investable Real Estate Estimated to Grow by More than 55 Percent to $45 Trillion by 2020, According to PwC Report

Rapid urbanization and demographic changes, especially within emerging markets, is anticipated to lead to substantial growth in the real estate investment industry over the next six years, according to Real Estate 2020: Building the future, a new report from PwC. At the same time as the industry’s opportunities grow, so too will assets invested into the sector.

Thursday, February 27, 2014

PwC’s Capital Markets Watch Finds 2013 Activity Sets Stage for Continued Growth in 2014

An improving U.S. economic environment, record low interest rates and strong equity and debt markets drove significant activity in the U.S. capital markets in 2013, according to the inaugural 2013 Capital Markets Watch by PwC US. The new report, released today, builds upon the firm’s quarterly IPO Watch to provide a full year view and comprehensive breakdown of capital markets activity across the equity and debt markets, including initial public offerings (IPO), secondary offerings, spinoffs and convertible, high yield and investment grade debt issuance in 2013.

Tuesday, February 25, 2014

PwC and CREATe.org Launch Report Assessing the Economic Impact of Trade Secret Theft

Estimates of trade secret theft range from one to three percent of the Gross Domestic Product (GDP) of the United States and other advanced industrial economies, according to a new report launched today by PwC US and the Center for Responsible Enterprise and Trade (CREATe.org): Economic Impact of Trade Secret Theft: A Framework for Companies to Safeguard Trade Secrets and Mitigate Potential Threats.

Monday, February 24, 2014

Retailers Need to Think Beyond Omnichannel to Achieve ‘Total Retail,’ According to PwC US

While retailers have historically used the “multichannel” approach to reach consumers, the rapidly growing focus on the consumer and integrated, customer-focused technology has paved way for a “Total Retail” experience, according to a new report by PwC titled, Achieving Total Retail: Consumer Expectations Driving the Next Retail Business Model. Based on a survey of more than 15,000 online shoppers globally, the study reveals eight consumer expectations that call upon retailers to create a Total Retail business model transformation.

Thursday, February 20, 2014

Strong Fundamentals Set the Stage for Technology Deals Uptick in 2014, According to PwC US

With a strong finish in technology deal activity in 2013, the outlook for 2014 points towards an accelerated pace as technology M&A continues to play a critical role for companies across industries to innovate and drive growth, according to PwC’s US Technology Deals Insights 2013 Year in Review and 2014 Outlook report released today.

Thursday, February 20, 2014

PwC US Earns Best in KLAS 2013 Award, Ranking #1 in Healthcare for Revenue Cycle Transformation

PwC US today announced that it has been named Best in KLAS for Revenue Cycle Transformation by KLAS Research, which specializes in monitoring and reporting the performance of healthcare vendors.

Wednesday, February 19, 2014

PwC’s Global Economic Crime Survey 2014 Indicates a Greater Occurrence of Fraud in U.S. Companies Compared to the Rest of the World

More than half of U.S. organizations that experienced fraud in the last two years reported an increase in the number of occurrences, according to the Global Economic Crime Survey 2014 released today by PwC US, representing a continuing upward trend in the occurrence and detection of economic crime. Forty-five percent of organizations in the U.S. suffered from some type of fraud in the past two years, more than the global average of 37 percent.

Tuesday, February 18, 2014

VENTURE CAPITAL FUNDING IN THE LIFE SCIENCES SECTOR TRAILED OTHER INDUSTRIES IN TOTAL VENTURE FUNDING, ACCORDING TO THE MONEYTREE REPORT

Venture capital (VC) funding for the Life Sciences sector, which includes Biotechnology and Medical Devices, declined by 1 percent in dollars invested and 3 percent in number of deals compared to 2012, according to a new PwC US report, “Medtech Slowdown,” which includes data from the MoneyTree™ Report from PricewaterhouseCoopers (PwC) LLP and the National Venture Capital Association (NVCA) based on data provided by Thomson Reuters. VCs invested $6.6 billion into 778 Life Sciences deals in 2013, compared to $6.7 billion in 800 deals in 2012.

Thursday, February 13, 2014

Industrial Products M&A Activity Rises in Fourth Quarter, According to PwC US

Merger and acquisition (M&A) deal volume and value in the global industrial products (IP) industry rose significantly on a sequential basis during the fourth quarter of 2013, according to a series of quarterly M&A reports released today by PwC US.

Thursday, February 13, 2014

PwC Pittsburgh Donates a Total of $35,000 to Two Pittsburgh-based Non-Profit Organizations

PwC US announced today that the Pittsburgh office will donate a total of $35,000 to two Pittsburgh non-profit educational organizations, funded through grants from the PwC Charitable Foundation. As part of the firm’s “Earn Your Future” campaign, the grants are being awarded to The Neighborhood Academy and Higher Achievement. The grants are in addition to volunteer work, in which staff from PwC’s Pittsburgh office dedicated approximately 500 hours to these organizations in support of their youth education campaigns.

Monday, February 10, 2014

2013 U.S. Retail & Consumer M&A Deal Value Surpasses $100 Billion for First Time in Five Years, According to PwC US

U.S. retail and consumer (R&C) total transaction value for 2013 surpassed $100 billion for the first time since 2008, according to PwC’s US retail and consumer deals insights 2013 Year in Review and 2014 Outlook report released today. Deals in the food and beverage sector and private equity (PE) investment in the apparel, footwear and accessories sector continued to drive activity in the R&C industry.

Monday, February 10, 2014

Strong Q4 Pharmaceutical & Life Sciences M&A Momentum Expected to Continue into 2014, According to PwC

Medical device manufacturers and pharmaceutical companies drive majority of deal activity

Monday, February 10, 2014

PwC: Global assets under management (AuM) to exceed $100 trillion by 2020 with nearly 50 percent residing in North America

New report identifies key megatrends and gamechangers redefining the asset management industry by 2020

Tuesday, February 4, 2014

Private-Company CEOs More Optimistic Heading into 2014

Private-company CEOs’ optimism as they enter 2014 is fueling growth and hiring plans for the year ahead, reports PwC US’s latest Private Company Trendsetter Barometer. Their optimism about the US and world economies has risen significantly since a year ago, particularly regarding the world economy. Forty-three percent of private-company CEOs say they are confident about the global economy – the highest level since the first quarter of 2011.

Tuesday, February 4, 2014

PwC Appoints Keith Stolzenburg as Managing Partner of the Buffalo office

PwC US today announced that Keith Stolzenburg, a 32-year veteran of the firm, has been appointed as managing partner for its Buffalo office. Stolzenburg will focus on leading the efforts to serve PwC's diverse client base in the Buffalo market, while supporting the growth and development of the firm’s talent in the Buffalo office. He succeeds Michael Winter, who will be retiring from the firm in June.

Thursday, January 30, 2014

PwC US Expands Real Estate Tax Practice in Rockies Market

Appoints Robert Lund to lead new team of experienced real estate tax professionals

Thursday, January 30, 2014

PwC Cleveland and Cleveland Cavaliers Launch “Trees for Threes” Program

Initiative helps provide a sustainable and green environment

Wednesday, January 29, 2014

PwC is Positioned in the Leaders Quadrant of Gartner's Magic Quadrant for Business Operations Consulting Services, Worldwide

PwC US today announced it has been positioned in the Leaders Quadrant of Gartner’s Magic Quadrant for Business Operations Consulting Services, Worldwide.*

Tuesday, January 28, 2014

Strong Deal Activity Generates Increase in North American Power & Utilities M&A Volume in Fourth Quarter and Full Year 2013, According to PwC US

Merger and acquisition (M&A) activity in the North American power and utilities industry increased in the fourth quarter of 2013 on both a year-over-year and sequential quarter basis as companies continued reshuffling portfolios with a focus on their core businesses and strategic opportunities.

Tuesday, January 28, 2014

Inorganic Opportunities to Drive Growth and Increase Shareholder Value Fueled U.S. Oil & Gas M&A Activity in 2013, According to PwC US

Accelerated merger and acquisition (M&A) activity in the U.S. oil and gas industry throughout 2013, which included a strong uptick in the last three months of the year, led to 182 total deals accounting for $115.9 billion in total deal value for the year. As companies continue concentrating on sustaining growth and maximizing shareholder value, PwC expects continued interest in M&A activity in the sector throughout 2014.

Monday, January 27, 2014

As Economy Gains Momentum, Lodging Recovery Continues with Strong Room Rate Gains, Says PwC US

As economic growth strengthens, PwC US anticipates continued momentum in travel activity to boost revenue per available room (“RevPAR”) in 2014. An updated lodging forecast released today by PwC US shows the lodging cycle in a favorable stage, with above average occupancy levels and demand growth that continues to outpace hotel openings. As a result, accelerating growth in average daily rate (“ADR”) is expected, as revenue management gains traction, resulting in RevPAR growth of 6.0 percent in 2014.

Monday, January 27, 2014

PwC US Anticipates Super Bowl XLVIII to Generate Over $210 Million in Direct Spending for the New York/New Jersey Area

According to PwC US, direct spending by the National Football League (NFL), businesses, visitors, and media on area lodging, transportation, food and beverage, entertainment, business services, and other hospitality and tourism activities related to Super Bowl XLVIII is expected to total more than $210 million.