Hints and tips:
Showing results for ADP TOTALSOURCE, INC., a Florita corporation
...A recent offer at ADP, where TRC had an offer to buy up to 2m shares at price of $71 or a 4 per cent discount to its market price at the time, caught our eye....
...That news came after Wednesday’s weak ADP payroll report, which also missed forecasts....
...Harris Corporation shares were hit after analysts at Oppenheimer cut their rating to “underperform”....
...While Moody’s and Standard & Poor’s have placed the US on watch for a downgrade, both agencies have affirmed the triple A ratings of Exxon Mobil, Automatic Data Processing (ADP), Johnson & Johnson and Microsoft...
...“There is almost no reason to quibble with today’s ADP report....
...ADP, the big, boring payroll processing company that has been around for half a century, is the darling that many in this industry look up to....
...The ADP employment report also showed more private sector jobs had been lost in November than expected....
...General Electric was down 1.1 per cent at $13.20, while US Steel Corporation was down 0.6 per cent at $41.71....
...The better-than-expected data from ADP matched a report from outplacement group Challenger that also suggested the rise in unemployment was slowing....
...Rich Templeton, TI Chairman, said: “Revenue was weak because consumers and corporations reduced their spending in this uncertain economy.”...
...The numbers, when combined with better-than-expected private employment data released on Wednesday by payroll services group ADP, will give markets a little more confidence ahead of an employment report...
International Edition