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On April 7, 2014, ADP laid off several Dealer Services associates in a reorganization and 3 days later announced plans to spin off the Dealer Services division as a standalone company. [32] On August 19, 2014, ADP Dealer Services announced that the name of the new company, post-spinoff, would be CDK Global (an acronym for Cobalt, Dealer ...
"The ADP number ignited some excitement coming into Friday, and that caused a number of analysts to raise their numbers," Polcari says. "So when it came in at 103,000, that was a bit of a letdown.
ADP's National Employment Report for August showed 99,000 jobs were added in the month, well below economists estimates for 145,000 and fewer than the 122,000 jobs added in July. The August data ...
Money market traders now see a near 95% chance of a quarter-point hike at the bank's next meeting on July 26, up from 90.5% earlier in the day, according to CME's Fedwatch tool.
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In April 2006, Solera and private equity firm GTCR announced the completion of their acquisition of the Claims Services Group of Automatic Data Processing (NYSE: ADP) for $975 million in cash. In May 2007, Solera completed an IPO, trading on the New York Stock Exchange under the symbol "SLH". [9]
The basic approach of nearly all of the methods to calculate the day of the week begins by starting from an "anchor date": a known pair (such as 1 January 1800 as a Wednesday), determining the number of days between the known day and the day that you are trying to determine, and using arithmetic modulo 7 to find a new numerical day of the week.
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