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Pershing Square Capital Management Dissolves Sole Share Stake In Automatic Data Processing, Ups In Berkshire Hathaway
Automatic Data Processing Authorized To Purchase $5 Billion Of Its Common Stock
ADP Announces $0.12 Increase In Quarterly Cash Dividend
Automatic Data Processing, Inc. (ADP) is a provider of human capital management (HCM) solutions to employers, offering solutions to businesses of various sizes. The Company also provides business process outsourcing solutions. Its segments include Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers a range of human resources (HR) business process outsourcing and technology-enabled HCM solutions. These offerings include payroll services, benefits administration, talent management, HR management, time and attendance management, insurance services, retirement services, and tax and compliance services. ADP TotalSource, ADP's PEO business, offers small and mid-sized businesses a HR outsourcing solution through a co-employment model. As a PEO, ADP TotalSource provides HR management services while the client continues to direct the day-to-day job-related duties of the employees.
1 Adp Blvd
John P. Jones
Non-Executive Independent Chairman of the Board
Carlos A. Rodriguez
President, Chief Executive Officer, Director
Kathleen A. Winters
Chief Financial Officer, Corporate Vice President
President - Major Account Services and ADP Canada
President - Small Business Solutions and Human Resources Outsourcing
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William Ackman's Pershing Square Capital Management has sold its positions in Automatic Data Processing Inc <ADP.O> and United Technologies Corp <UTX.N> and built a new position in a company whose name has not been disclosed, a source familiar with the matter said on Monday.
William Ackman's Pershing Square Capital Management has sold its positions in Automatic Data Processing and United Technologies and built a new position in a company whose name has not been disclosed, a source familiar with the matter said on Monday.
French lawmakers adopted on Thursday a government bill aimed at kickstarting a wave of privatisations, including a sale of the state's stake in airports group ADP, to raise cash for a new innovation fund.
French airport operator ADP on Thursday said it was eyeing a 40 to 50 percent revenue increase by 2025 as it plans to beef up investments at its Orly and Roissy-Charles-de-Gaulle airports in Paris.
U.S. private employers added 129,000 jobs in March, below economists' expectations and the lowest since September 2017, a report by a payrolls processor showed on Wednesday.
France has made no decision yet about the size of the stake the state might keep in airport operator ADP, said an aide to government spokesman Benjamin Griveaux on Tuesday, following an earlier suggestion that it would retain around 20 percent.
U.S. companies hired 183,000 workers in February, falling short of analyst forecasts, while private-sector job growth in January was much stronger than previously thought, a report by payrolls processor ADP showed on Wednesday.
(In first bullet point and paragraphs 1 and 3, corrects ADP data to January, not December. In paragraph 3, please read "lower than job gains of 271,000 in December" instead of "in November") * ADP report shows 213,000 job gains in January; dollar gains * Fed seen on hold...
U.S. Treasury yields stayed near their session lows on Thursday with benchmark 10-year yield hovering close to a three-month low as the ADP National Employment Report showed domestic jobs growth was slower that what analysts had projected in November.
French plans to privatize Aeroports de Paris <ADP.PA> have attracted strong interest from "several consortiums" including some led by industrial investors, state holdings chief Martin Vial said on Friday.
French plans to privatise Aeroports de Paris have attracted strong interest from "several consortiums" including some led by industrial investors, state holdings chief Martin Vial said on Friday.
* ADP jobs data better than expected (Recasts, updates yields, market activity and comments)
Formal legislation permitting the privatisation of French airports operator ADP <ADP.PA> is expected to be completed around April 2019, ADP Chairman and Chief Executive Augustin de Romanet told CNews TV on Monday.
France would block any moves by a foreign power to gain control of ADP <ADP.PA>, the airports company whose possible privatisation has been approved by the government, Finance Minster Bruno Le Maire said on Sunday.
The U.S. dollar rose to its highest in six weeks on Wednesday as Federal Reserve Chairman Jerome Powell said the U.S. economy is “remarkably positive” and spoke of the need to continue raising interest rates.
(Corrects price in third-last paragraph) * ADP jobs data for September highest since February * U.S. service sector activity at 21-year high * Concerns about Italian budget negotiations weigh on euro By Karen Brettell NEW YORK, Oct 3 (Reuters) - The U.S. dollar gained on...
(Corrects price in antepenultimate paragraph) * ADP jobs data for September highest since February * Strong U.S. economy continues to support greenback * Concerns about Italian budget negotiations weigh on euro By Karen Brettell NEW YORK, Oct 3 (Reuters) - The U.S. dollar...
* Wall Street climbs with support from financials, tech stocks
Stock markets around the world rose and Italian bonds rallied on Wednesday after signs that Rome would cut budget deficits and decrease its debt in the coming years, while new U.S. jobs data supporting a strong U.S. economy boosted the dollar.
The French government has made no decision on whether or not the state will keep its stake in airports operator Aeroports de Paris (ADP) <ADP.PA>, Finance Minister Bruno Le Maire told a parliamentary committee on Thursday.
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