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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.
A strong cash position should help ADP continue rewarding shareholders and pursuing strategic acquisitions and investments on product development. 6 Reasons Why Automatic Data Processing (ADP ...
ADP (ADP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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 ...
Automatic Data Processing, Inc. ( NASDAQ:ADP ) received a lot of attention from a substantial price movement on the...
Economists commonly use the term recession to mean either a period of two successive calendar quarters each having negative growth [clarification needed] of real gross domestic product [1] [2] [3] —that is, of the total amount of goods and services produced within a country—or that provided by the National Bureau of Economic Research (NBER): "...a significant decline in economic activity ...
The coming 10 years should be far better than the past, but ADP's dismal decade is a good reminder of one of the most important lessons in investing: Starting valuations determine future returns ...
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 ...