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Automatic Data Processing Inc (ADP.OQ)

ADP.OQ on NASDAQ Stock Exchange Global Select Market

137.96USD
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Change (% chg)

$-0.64 (-0.46%)
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$138.60
Open
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$137.87
Volume
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Latest Key Developments (Source: Significant Developments)

Pershing Square Capital Management Takes Sole Share Stake In United Technologies
Tuesday, 15 May 2018 

May 15 (Reuters) - Pershing Square Capital Management::PERSHING SQUARE CAPITAL MANAGEMENT TAKES SOLE SHARE STAKE OF 1.9 MILLION SHARES IN UNITED TECHNOLOGIES - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT CUTS SOLE SHARE STAKE IN AUTOMATIC DATA PROCESSING TO 7.9 MILLION SHARES FROM 8.8 MILLION SHARES - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT MORE THAN HALVES SOLE SHARE STAKE IN HOWARD HUGHES TO 2.2 MILLION SHARES - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

ADP Increases Quarterly Dividend By 10 Pct To $0.69/Share
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Automatic Data Processing Inc ::INCREASES CASH DIVIDEND.SETS REGULAR QUARTERLY DIVIDEND OF $0.69 PER SHARE.INCREASES QUARTERLY DIVIDEND BY 10 PERCENT.  Full Article

ADP Acquires Workmarket To Further Extend Human Capital Management
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Automatic Data Processing Inc ::ADP ACQUIRES WORKMARKET TO FURTHER EXTEND HUMAN CAPITAL MANAGEMENT TO CONTINGENT WORKERS AND CREATE MORE AGILE AND INCLUSIVE SOLUTIONS FOR A CHANGING WORKFORCE.AUTOMATIC DATA PROCESSING INC - ‍FINANCIAL TERMS OF TRANSACTION WERE NOT DISCLOSED.​.ADP ACQUIRES WORKMARKET TO FURTHER EXTEND HUMAN CAPITAL MANAGEMENT TO CONTINGENT WORKERS AND CREATE MORE AGILE AND INCLUSIVE SOLUTIONS FOR A CHANGING WORKFORCE.  Full Article

Pershing Square Capital Management raises sole share stake in ADP, dissolves in Nomad Foods
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Pershing Square Capital Management::Pershing Square Capital Management raises sole share stake in Automatic Data Processing Inc to 8.8 million shares from 1.8 million shares - SEC Filing‍​.Pershing Square Capital Management dissolves sole share stake in Nomad Foods - SEC Filing​.Pershing Square Capital Management - change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

ADP raises qtrly cash dividend
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Automatic Data Processing Inc ::ADP increases cash dividend; marks 43rd consecutive year of dividend increases.Automatic Data Processing - approved $0.06 increase in qtrly cash dividend, new dividend compares with previous qtrly dividend rate of $0.57 per share​.  Full Article

ADP reports Q1 adjusted earnings per share of $0.91
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Automatic Data Processing Inc :ADP reports first quarter fiscal 2018 results.Q1 adjusted earnings per share $0.91.Q1 earnings per share $0.90.Q1 earnings per share view $0.85 -- Thomson Reuters I/B/E/S.Sees FY 2018 revenue up 6 to 8 percent.Q1 revenue $3.1 billion versus I/B/E/S view $3.06 billion.Automatic Data Processing Inc - ‍raising fiscal 2018 revenue growth outlook to 6% to 8%​.Automatic Data Processing - ‍worldwide new business bookings declined 3% for quarter; reaffirming 5% to 7% increase in fiscal 2018​.Automatic Data Processing Inc - ‍ADP expects full year diluted earnings per share to be down 1% to up 1%​.Automatic Data Processing - ‍continues to anticipate adjusted EPS growth and adjusted EBIT margin to be below guidance ranges in first half of fiscal 2018​.Automatic Data Processing Inc - ‍continues to anticipate adjusted EPS growth and adjusted EBIT margin to be above previous guidance ranges in H2 2018​.Automatic Data Processing Inc - ‍anticipated fiscal 2018 pre-tax restructuring charges of about $30 million related to our service alignment initiative​.Automatic Data Processing Inc - ‍anticipated fiscal 2018 pre-tax proxy contest charges of about $27 million​.  Full Article

Pershing Square sends letter to ADP's board
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Automatic Data Processing Inc :Pershing Square sends letter to ADP's board.  Full Article

Pershing Square publishes letter to ADP shareholders
Friday, 27 Oct 2017 

Oct 27 (Reuters) - ‍Pershing Square Capital Management LP :Pershing Square publishes letter to shareholders.‍pershing Square Capital Management LP published a letter to ADP shareholders​ on Friday.  Full Article

Egan-Jones recommends ADP shareholders to vote for all three of Pershing Square’s nominees
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Automatic Data Processing Inc :Proxy advisory firm Egan-Jones joins Glass Lewis in recommending ADP shareholders vote for all three of Pershing Square’s nominees for ADP’s transformation on the gold proxy card.Pershing Square Capital Management says proxy firm Egan-Jones recommends ADP shareholders vote for Pershing's 3 nominees at ADP's annual meeting on Nov 7.  Full Article

Bill Ackman on CNBC says would like to see ADP's margins improve
Wednesday, 4 Oct 2017 

Oct 4 (Reuters) - Automatic Data Processing Inc :Bill Ackman on CNBC says would like to see Automatic Data Processing's margins improve.Bill Ackman on CNBC says Pershing Square is third largest shareholder in automatic data by dollars spent.  Full Article

Pershing Square analyst Brian Welch to leave company

Willliam Ackman's hedge fund Pershing Square Capital Management LP said on Tuesday that Brian Welch, who led research efforts on Automatic Data Processing Inc , one of the firm's recent investments, was leaving the company.