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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.
For some companies listed, the majority of total employees live and work in other countries. Employees are mixed and composed of various Economic sectors such as the Business sector, Private sector, Public sector, and the Voluntary sector.
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Broadridge was founded in 1962 [5] as ADP Brokerage Services Group, [9] a business unit [6] of the American payroll processing company Automatic Data Processing (ADP). [5] Operating as ADP's shareholder communications division, [10]: 27 [11] it initially served one client by processing an average of 300 trades per night. [9]
Economists are expecting the US economy added 117,500 jobs in October, far below September's total. (Angus Mordant/Bloomberg/Getty Images/File)
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