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In 2007, the ADP Brokerage Service Group was spun off to form Broadridge Financial Solutions, Inc., removing about US$2 billion from ADP's total yearly revenue. [11] ADP distributed one share of Broadridge common stock for every four shares of ADP common stock held by shareholders of record as of the close of business on March 23, 2007.
ADP chief economist Nela Richardson told Yahoo Finance that a low number of layoffs remains key to why the labor market is "stable" for now. "That's precisely why [we saw] stability in the 2024 ...
The business of cutting paychecks for other folks' employees isn't what it used to be -- and lately, one stock in this business has been underperforming the stock market as a whole, and performing ...
ADP (ADP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
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