The Vatican has hired two big international consulting firms to improve financial accounting procedures and streamline media operations, its latest bid to clean up often murky finances and improve efficiency by cutting through red tape.Pope Francis has already set up three commissions to advise him on what to do with the troubled Vatican bank, how to reform the administration and to address sexual abuse of children, a scandal that tainted his predecessor Benedict XVI's incumbency.The Vatican said on Thursday it had hired KPMG, which provides audit, tax and advisory services to companies, to "align the accounting procedures of all departments of the Holy See to meet international standards."Four major outside business consulting or auditing companies have now been hired by the Vatican, which in the past mostly policed itself, a practice which led to a series of scandals.
The Children's Place Retail Stores, Inc. operates as a specialty retailer of apparel and accessories for children. Shares of PLCE traded higher by 2.35% or $1.27/share to $55.22. In the past year, the shares have traded as low as $42.21 and as high as $58.89. On average, 442042 shares of PLCE exchange hands on a given day and today's volume is recorded at 528003.
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