ticker,date,open,high,low,close,news ADP,1980-03-17,0.0,0.83,0.81,0.82, ADP,1980-03-18,0.0,0.83,0.81,0.83, ADP,1980-03-19,0.0,0.84,0.83,0.84, ADP,1980-03-20,0.0,0.86,0.84,0.84, ADP,1980-03-21,0.0,0.85,0.84,0.84, ADP,1980-03-24,0.0,0.84,0.83,0.83, ADP,1980-03-25,0.0,0.84,0.83,0.83, ADP,1980-03-26,0.0,0.84,0.83,0.84, ADP,1980-03-27,0.0,0.83,0.81,0.81, ADP,1980-03-28,0.0,0.84,0.83,0.84, ADP,1980-03-31,0.0,0.85,0.84,0.85, ADP,1980-04-01,0.0,0.86,0.85,0.86, ADP,1980-04-02,0.0,0.9,0.86,0.9, ADP,1980-04-03,0.0,0.93,0.9,0.92, ADP,1980-04-07,0.0,0.92,0.9,0.9, ADP,1980-04-08,0.0,0.9,0.89,0.89, ADP,1980-04-09,0.0,0.89,0.89,0.89, ADP,1980-04-10,0.0,0.9,0.89,0.9, ADP,1980-04-11,0.0,0.92,0.9,0.9, ADP,1980-04-14,0.0,0.9,0.89,0.89, ADP,1980-04-15,0.0,0.9,0.9,0.9, ADP,1980-04-16,0.0,0.92,0.9,0.9, ADP,1980-04-17,0.0,0.9,0.89,0.9, ADP,1980-04-18,0.0,0.91,0.9,0.9, ADP,1980-04-21,0.0,0.9,0.9,0.9, ADP,1980-04-22,0.0,0.93,0.9,0.9, ADP,1980-04-23,0.0,0.92,0.9,0.91, ADP,1980-04-24,0.0,0.92,0.91,0.92, ADP,1980-04-25,0.0,0.92,0.91,0.91, ADP,1980-04-28,0.0,0.93,0.91,0.93, ADP,1980-04-29,0.0,0.93,0.92,0.92, ADP,1980-04-30,0.0,0.93,0.92,0.92, ADP,1980-05-01,0.0,0.95,0.93,0.94, ADP,1980-05-02,0.0,0.95,0.94,0.94, ADP,1980-05-05,0.0,0.95,0.94,0.95, ADP,1980-05-06,0.0,0.95,0.94,0.95, ADP,1980-05-07,0.0,0.95,0.94,0.94, ADP,1980-05-08,0.0,0.95,0.94,0.95, ADP,1980-05-09,0.0,0.95,0.94,0.94, ADP,1980-05-12,0.0,0.95,0.94,0.95, ADP,1980-05-13,0.0,0.97,0.96,0.96, ADP,1980-05-14,0.0,0.98,0.96,0.97, ADP,1980-05-15,0.0,0.97,0.96,0.96, ADP,1980-05-16,0.0,0.97,0.96,0.96, ADP,1980-05-19,0.0,0.96,0.94,0.94, ADP,1980-05-20,0.0,0.96,0.94,0.95, ADP,1980-05-21,0.0,0.96,0.95,0.96, ADP,1980-05-22,0.0,0.97,0.96,0.97, ADP,1980-05-23,0.0,0.99,0.97,0.98, ADP,1980-05-27,0.0,0.97,0.96,0.96, ADP,1980-05-28,0.0,0.97,0.96,0.97, ADP,1980-05-29,0.0,0.97,0.97,0.97, ADP,1980-05-30,0.0,0.97,0.96,0.97, ADP,1980-06-02,0.0,0.97,0.95,0.95, ADP,1980-06-03,0.0,0.96,0.95,0.96, ADP,1980-06-04,0.0,0.96,0.95,0.96, ADP,1980-06-05,0.0,0.97,0.96,0.97, ADP,1980-06-06,0.0,0.98,0.96,0.98, ADP,1980-06-09,0.0,0.97,0.95,0.96, ADP,1980-06-10,0.0,0.96,0.95,0.95, ADP,1980-06-11,0.0,0.96,0.94,0.96, ADP,1980-06-12,0.0,0.96,0.95,0.95, ADP,1980-06-13,0.0,0.95,0.94,0.95, ADP,1980-06-16,0.0,0.95,0.94,0.95, ADP,1980-06-17,0.0,0.96,0.95,0.96, ADP,1980-06-18,0.0,0.96,0.95,0.95, ADP,1980-06-19,0.0,0.95,0.94,0.94, ADP,1980-06-20,0.0,0.94,0.9,0.92, ADP,1980-06-23,0.0,0.93,0.91,0.92, ADP,1980-06-24,0.0,0.95,0.93,0.95, ADP,1980-06-25,0.0,0.96,0.95,0.95, ADP,1980-06-26,0.0,0.97,0.95,0.96, ADP,1980-06-27,0.0,0.96,0.94,0.96, ADP,1980-06-30,0.0,0.96,0.95,0.95, ADP,1980-07-01,0.0,0.96,0.95,0.96, ADP,1980-07-02,0.0,0.97,0.95,0.97, ADP,1980-07-03,0.0,0.99,0.97,0.99, ADP,1980-07-07,0.0,1.03,1.01,1.03, ADP,1980-07-08,0.0,1.07,1.05,1.07, ADP,1980-07-09,0.0,1.08,1.04,1.08, ADP,1980-07-10,0.0,1.06,1.02,1.02, ADP,1980-07-11,0.0,1.03,1.02,1.02, ADP,1980-07-14,0.0,1.05,1.03,1.05, ADP,1980-07-15,0.0,1.08,1.06,1.08, ADP,1980-07-16,0.0,1.08,1.07,1.07, ADP,1980-07-17,0.0,1.1,1.07,1.09, ADP,1980-07-18,0.0,1.1,1.09,1.1, ADP,1980-07-21,0.0,1.11,1.1,1.11, ADP,1980-07-22,0.0,1.11,1.09,1.09, ADP,1980-07-23,0.0,1.1,1.09,1.09, ADP,1980-07-24,0.0,1.1,1.09,1.1, ADP,1980-07-25,0.0,1.11,1.08,1.11, ADP,1980-07-28,0.0,1.11,1.1,1.1, ADP,1980-07-29,0.0,1.1,1.09,1.09, ADP,1980-07-30,0.0,1.1,1.09,1.1, ADP,1980-07-31,0.0,1.1,1.09,1.09, ADP,1980-08-01,0.0,1.11,1.09,1.11, ADP,1980-08-04,0.0,1.13,1.1,1.13, ADP,1980-08-05,0.0,1.18,1.15,1.18, ADP,1980-08-06,0.0,1.22,1.15,1.18, ADP,1980-08-07,0.0,1.2,1.19,1.2, ADP,1980-08-08,0.0,1.21,1.17,1.18, ADP,1980-08-11,0.0,1.18,1.14,1.15, ADP,1980-08-12,0.0,1.15,1.14,1.15, ADP,1980-08-13,0.0,1.15,1.13,1.14, ADP,1980-08-14,0.0,1.15,1.14,1.15, ADP,1980-08-15,0.0,1.16,1.15,1.16, ADP,1980-08-18,0.0,1.16,1.14,1.14, ADP,1980-08-19,0.0,1.16,1.14,1.16, ADP,1980-08-20,0.0,1.15,1.15,1.15, ADP,1980-08-21,0.0,1.19,1.16,1.19, ADP,1980-08-22,0.0,1.25,1.21,1.25, ADP,1980-08-25,0.0,1.27,1.23,1.23, ADP,1980-08-26,0.0,1.23,1.21,1.21, ADP,1980-08-27,0.0,1.21,1.21,1.21, ADP,1980-08-28,0.0,1.23,1.21,1.21, ADP,1980-08-29,0.0,1.21,1.2,1.2, ADP,1980-09-02,0.0,1.21,1.2,1.2, ADP,1980-09-03,0.0,1.23,1.21,1.23, ADP,1980-09-04,0.0,1.23,1.21,1.22, ADP,1980-09-05,0.0,1.24,1.23,1.23, ADP,1980-09-08,0.0,1.25,1.23,1.23, ADP,1980-09-09,0.0,1.23,1.22,1.22, ADP,1980-09-10,0.0,1.25,1.22,1.23, ADP,1980-09-11,0.0,1.23,1.21,1.21, ADP,1980-09-12,0.0,1.21,1.18,1.19, ADP,1980-09-15,0.0,1.2,1.18,1.2, ADP,1980-09-16,0.0,1.2,1.18,1.19, ADP,1980-09-17,0.0,1.2,1.18,1.19, ADP,1980-09-18,0.0,1.22,1.2,1.21, ADP,1980-09-19,0.0,1.25,1.2,1.24, ADP,1980-09-22,0.0,1.24,1.21,1.23, ADP,1980-09-23,0.0,1.29,1.24,1.26, ADP,1980-09-24,0.0,1.28,1.23,1.28, ADP,1980-09-25,0.0,1.27,1.25,1.26, ADP,1980-09-26,0.0,1.25,1.2,1.2, ADP,1980-09-29,0.0,1.19,1.16,1.18, ADP,1980-09-30,0.0,1.17,1.16,1.17, ADP,1980-10-01,0.0,1.19,1.16,1.17, ADP,1980-10-02,0.0,1.16,1.13,1.13, ADP,1980-10-03,0.0,1.15,1.13,1.14, ADP,1980-10-06,0.0,1.15,1.14,1.15, ADP,1980-10-07,0.0,1.2,1.15,1.2, ADP,1980-10-08,0.0,1.26,1.21,1.23, ADP,1980-10-09,0.0,1.25,1.23,1.23, ADP,1980-10-10,0.0,1.25,1.23,1.25, ADP,1980-10-13,0.0,1.24,1.22,1.22, ADP,1980-10-14,0.0,1.24,1.22,1.24, ADP,1980-10-15,0.0,1.24,1.19,1.19, ADP,1980-10-16,0.0,1.2,1.18,1.19, ADP,1980-10-17,0.0,1.21,1.19,1.21, ADP,1980-10-20,0.0,1.23,1.2,1.23, ADP,1980-10-21,0.0,1.24,1.21,1.21, ADP,1980-10-22,0.0,1.23,1.21,1.21, ADP,1980-10-23,0.0,1.23,1.21,1.21, ADP,1980-10-24,0.0,1.21,1.21,1.21, ADP,1980-10-27,0.0,1.21,1.19,1.19, ADP,1980-10-28,0.0,1.19,1.16,1.16, ADP,1980-10-29,0.0,1.19,1.16,1.17, ADP,1980-10-30,0.0,1.18,1.16,1.17, ADP,1980-10-31,0.0,1.19,1.17,1.19, ADP,1980-11-03,0.0,1.2,1.17,1.18, ADP,1980-11-05,0.0,1.25,1.21,1.22, ADP,1980-11-06,0.0,1.23,1.2,1.2, ADP,1980-11-07,0.0,1.2,1.18,1.2, ADP,1980-11-10,0.0,1.21,1.19,1.21, ADP,1980-11-11,0.0,1.21,1.2,1.21, ADP,1980-11-12,0.0,1.22,1.21,1.22, ADP,1980-11-13,0.0,1.26,1.23,1.26, ADP,1980-11-14,0.0,1.31,1.27,1.29, ADP,1980-11-17,0.0,1.29,1.24,1.26, ADP,1980-11-18,0.0,1.3,1.26,1.29, ADP,1980-11-19,0.0,1.3,1.26,1.26, ADP,1980-11-20,0.0,1.26,1.24,1.24, ADP,1980-11-21,0.0,1.24,1.22,1.22, ADP,1980-11-24,0.0,1.21,1.19,1.21, ADP,1980-11-25,0.0,1.2,1.19,1.2, ADP,1980-11-26,0.0,1.2,1.19,1.2, ADP,1980-11-28,0.0,1.21,1.2,1.2, ADP,1980-12-01,0.0,1.21,1.2,1.2, ADP,1980-12-02,0.0,1.21,1.2,1.21, ADP,1980-12-03,0.0,1.21,1.18,1.19, ADP,1980-12-04,0.0,1.19,1.17,1.18, ADP,1980-12-05,0.0,1.17,1.14,1.14, ADP,1980-12-08,0.0,1.13,1.1,1.11, ADP,1980-12-09,0.0,1.12,1.1,1.12, ADP,1980-12-10,0.0,1.12,1.1,1.1, ADP,1980-12-11,0.0,1.1,1.08,1.08, ADP,1980-12-12,0.0,1.1,1.08,1.1, ADP,1980-12-15,0.0,1.11,1.1,1.1, ADP,1980-12-16,0.0,1.12,1.1,1.12, ADP,1980-12-17,0.0,1.13,1.12,1.13, ADP,1980-12-18,0.0,1.14,1.13,1.13, ADP,1980-12-19,0.0,1.16,1.11,1.16, ADP,1980-12-22,0.0,1.17,1.15,1.16, ADP,1980-12-23,0.0,1.17,1.14,1.16, ADP,1980-12-24,0.0,1.17,1.15,1.17, ADP,1980-12-26,0.0,1.19,1.18,1.19, ADP,1980-12-29,0.0,1.21,1.2,1.21, ADP,1980-12-30,0.0,1.23,1.2,1.22, ADP,1980-12-31,0.0,1.24,1.21,1.23, ADP,1981-01-02,0.0,1.24,1.22,1.24, ADP,1981-01-05,0.0,1.25,1.23,1.25, ADP,1981-01-06,0.0,1.25,1.24,1.24, ADP,1981-01-07,0.0,1.22,1.21,1.22, ADP,1981-01-08,0.0,1.23,1.2,1.22, ADP,1981-01-09,0.0,1.22,1.2,1.22, ADP,1981-01-12,0.0,1.22,1.19,1.21, ADP,1981-01-13,0.0,1.21,1.19,1.2, ADP,1981-01-14,0.0,1.22,1.2,1.21, ADP,1981-01-15,0.0,1.22,1.21,1.21, ADP,1981-01-16,0.0,1.21,1.2,1.21, ADP,1981-01-19,0.0,1.23,1.2,1.23, ADP,1981-01-20,0.0,1.22,1.2,1.2, ADP,1981-01-21,0.0,1.19,1.16,1.16, ADP,1981-01-22,0.0,1.17,1.17,1.17, ADP,1981-01-23,0.0,1.19,1.17,1.18, ADP,1981-01-26,0.0,1.18,1.18,1.18, ADP,1981-01-27,0.0,1.2,1.19,1.19, ADP,1981-01-28,0.0,1.19,1.18,1.18, ADP,1981-01-29,0.0,1.18,1.17,1.17, ADP,1981-01-30,0.0,1.19,1.18,1.18, ADP,1981-02-02,0.0,1.19,1.18,1.19, ADP,1981-02-03,0.0,1.19,1.18,1.19, ADP,1981-02-04,0.0,1.21,1.19,1.19, ADP,1981-02-05,0.0,1.22,1.2,1.22, ADP,1981-02-06,0.0,1.22,1.2,1.21, ADP,1981-02-09,0.0,1.22,1.19,1.19, ADP,1981-02-10,0.0,1.19,1.18,1.18, ADP,1981-02-11,0.0,1.2,1.18,1.18, ADP,1981-02-12,0.0,1.18,1.18,1.18, ADP,1981-02-13,0.0,1.18,1.17,1.17, ADP,1981-02-17,0.0,1.17,1.16,1.17, ADP,1981-02-18,0.0,1.2,1.17,1.2, ADP,1981-02-19,0.0,1.21,1.2,1.21, ADP,1981-02-20,0.0,1.21,1.2,1.21, ADP,1981-02-23,0.0,1.21,1.2,1.21, ADP,1981-02-24,0.0,1.22,1.21,1.22, ADP,1981-02-25,0.0,1.22,1.19,1.2, ADP,1981-02-26,0.0,1.25,1.22,1.25, ADP,1981-02-27,0.0,1.26,1.23,1.24, ADP,1981-03-02,0.0,1.26,1.23,1.26, ADP,1981-03-03,0.0,1.28,1.26,1.27, ADP,1981-03-04,0.0,1.28,1.26,1.26, ADP,1981-03-05,0.0,1.26,1.24,1.24, ADP,1981-03-06,0.0,1.25,1.23,1.25, ADP,1981-03-09,0.0,1.29,1.25,1.28, ADP,1981-03-10,0.0,1.28,1.26,1.26, ADP,1981-03-11,0.0,1.28,1.25,1.28, ADP,1981-03-12,0.0,1.28,1.25,1.28, ADP,1981-03-13,0.0,1.29,1.28,1.29, ADP,1981-03-16,0.0,1.3,1.28,1.29, ADP,1981-03-17,0.0,1.28,1.26,1.27, ADP,1981-03-18,0.0,1.29,1.28,1.29, ADP,1981-03-19,0.0,1.32,1.29,1.32, ADP,1981-03-20,0.0,1.32,1.29,1.29, ADP,1981-03-23,0.0,1.31,1.3,1.31, ADP,1981-03-24,0.0,1.34,1.3,1.34, ADP,1981-03-25,0.0,1.34,1.33,1.34, ADP,1981-03-26,0.0,1.37,1.34,1.35, ADP,1981-03-27,0.0,1.36,1.34,1.34, ADP,1981-03-30,0.0,1.35,1.34,1.35, ADP,1981-03-31,0.0,1.4,1.38,1.39, ADP,1981-04-01,0.0,1.41,1.39,1.41, ADP,1981-04-02,0.0,1.4,1.38,1.38, ADP,1981-04-03,0.0,1.38,1.37,1.37, ADP,1981-04-06,0.0,1.38,1.37,1.37, ADP,1981-04-07,0.0,1.4,1.38,1.4, ADP,1981-04-08,0.0,1.4,1.39,1.4, ADP,1981-04-09,0.0,1.42,1.41,1.42, ADP,1981-04-10,0.0,1.46,1.42,1.45, ADP,1981-04-13,0.0,1.44,1.43,1.43, ADP,1981-04-14,0.0,1.46,1.43,1.45, ADP,1981-04-15,0.0,1.46,1.45,1.46, ADP,1981-04-16,0.0,1.48,1.47,1.48, ADP,1981-04-20,0.0,1.47,1.46,1.46, ADP,1981-04-21,0.0,1.48,1.46,1.48, ADP,1981-04-22,0.0,1.49,1.47,1.49, ADP,1981-04-23,0.0,1.56,1.5,1.55, ADP,1981-04-24,0.0,1.57,1.56,1.57, ADP,1981-04-27,0.0,1.57,1.55,1.55, ADP,1981-04-28,0.0,1.55,1.51,1.52, ADP,1981-04-29,0.0,1.5,1.47,1.47, ADP,1981-04-30,0.0,1.56,1.49,1.56, ADP,1981-05-01,0.0,1.56,1.53,1.53, ADP,1981-05-04,0.0,1.52,1.5,1.51, ADP,1981-05-05,0.0,1.49,1.46,1.48, ADP,1981-05-06,0.0,1.5,1.46,1.46, ADP,1981-05-07,0.0,1.47,1.43,1.45, ADP,1981-05-08,0.0,1.46,1.44,1.44, ADP,1981-05-11,0.0,1.44,1.42,1.43, ADP,1981-05-12,0.0,1.43,1.41,1.42, ADP,1981-05-13,0.0,1.44,1.41,1.44, ADP,1981-05-14,0.0,1.44,1.41,1.41, ADP,1981-05-15,0.0,1.45,1.42,1.45, ADP,1981-05-18,0.0,1.47,1.45,1.45, ADP,1981-05-19,0.0,1.45,1.44,1.44, ADP,1981-05-20,0.0,1.45,1.44,1.45, ADP,1981-05-21,0.0,1.47,1.46,1.47, ADP,1981-05-22,0.0,1.48,1.46,1.46, ADP,1981-05-26,0.0,1.47,1.46,1.47, ADP,1981-05-27,0.0,1.47,1.44,1.46, ADP,1981-05-28,0.0,1.47,1.45,1.45, ADP,1981-05-29,0.0,1.46,1.45,1.45, ADP,1981-06-01,0.0,1.48,1.46,1.48, ADP,1981-06-02,0.0,1.5,1.47,1.47, ADP,1981-06-03,0.0,1.57,1.47,1.57, ADP,1981-06-04,0.0,1.56,1.51,1.54, ADP,1981-06-05,0.0,1.52,1.5,1.5, ADP,1981-06-08,0.0,1.53,1.5,1.51, ADP,1981-06-09,0.0,1.52,1.51,1.51, ADP,1981-06-10,0.0,1.52,1.49,1.51, ADP,1981-06-11,0.0,1.51,1.49,1.49, ADP,1981-06-12,0.0,1.5,1.47,1.48, ADP,1981-06-15,0.0,1.47,1.46,1.47, ADP,1981-06-16,0.0,1.5,1.47,1.47, ADP,1981-06-17,0.0,1.49,1.46,1.46, ADP,1981-06-18,0.0,1.47,1.45,1.45, ADP,1981-06-19,0.0,1.46,1.43,1.46, ADP,1981-06-22,0.0,1.45,1.39,1.4, ADP,1981-06-23,0.0,1.45,1.41,1.45, ADP,1981-06-24,0.0,1.46,1.43,1.43, ADP,1981-06-25,0.0,1.47,1.43,1.44, ADP,1981-06-26,0.0,1.47,1.44,1.45, ADP,1981-06-29,0.0,1.45,1.41,1.44, ADP,1981-06-30,0.0,1.45,1.39,1.4, ADP,1981-07-01,0.0,1.4,1.38,1.38, ADP,1981-07-02,0.0,1.39,1.34,1.35, ADP,1981-07-06,0.0,1.36,1.26,1.26, ADP,1981-07-07,0.0,1.34,1.28,1.32, ADP,1981-07-08,0.0,1.34,1.31,1.31, ADP,1981-07-09,0.0,1.33,1.31,1.31, ADP,1981-07-10,0.0,1.33,1.29,1.29, ADP,1981-07-13,0.0,1.31,1.29,1.31, ADP,1981-07-14,0.0,1.31,1.29,1.29, ADP,1981-07-15,0.0,1.32,1.3,1.31, ADP,1981-07-16,0.0,1.33,1.3,1.32, ADP,1981-07-17,0.0,1.35,1.31,1.35, ADP,1981-07-20,0.0,1.41,1.34,1.41, ADP,1981-07-21,0.0,1.42,1.39,1.41, ADP,1981-07-22,0.0,1.43,1.39,1.39, ADP,1981-07-23,0.0,1.36,1.34,1.36, ADP,1981-07-24,0.0,1.41,1.34,1.41, ADP,1981-07-27,0.0,1.46,1.43,1.43, ADP,1981-07-28,0.0,1.43,1.41,1.41, ADP,1981-07-29,0.0,1.42,1.4,1.41, ADP,1981-07-30,0.0,1.43,1.38,1.38, ADP,1981-07-31,0.0,1.41,1.36,1.41, ADP,1981-08-03,0.0,1.43,1.39,1.39, ADP,1981-08-04,0.0,1.41,1.39,1.4, ADP,1981-08-05,0.0,1.41,1.4,1.4, ADP,1981-08-06,0.0,1.43,1.41,1.43, ADP,1981-08-07,0.0,1.44,1.41,1.44, ADP,1981-08-10,0.0,1.46,1.43,1.45, ADP,1981-08-11,0.0,1.51,1.44,1.49, ADP,1981-08-12,0.0,1.49,1.46,1.46, ADP,1981-08-13,0.0,1.47,1.44,1.47, ADP,1981-08-14,0.0,1.47,1.44,1.45, ADP,1981-08-17,0.0,1.45,1.43,1.43, ADP,1981-08-18,0.0,1.46,1.43,1.44, ADP,1981-08-19,0.0,1.47,1.44,1.47, ADP,1981-08-20,0.0,1.5,1.47,1.49, ADP,1981-08-21,0.0,1.49,1.46,1.46, ADP,1981-08-24,0.0,1.44,1.43,1.43, ADP,1981-08-25,0.0,1.41,1.38,1.39, ADP,1981-08-26,0.0,1.41,1.38,1.41, ADP,1981-08-27,0.0,1.4,1.35,1.35, ADP,1981-08-28,0.0,1.36,1.31,1.33, ADP,1981-08-31,0.0,1.36,1.32,1.33, ADP,1981-09-01,0.0,1.34,1.29,1.32, ADP,1981-09-02,0.0,1.35,1.33,1.34, ADP,1981-09-03,0.0,1.34,1.3,1.31, ADP,1981-09-04,0.0,1.3,1.27,1.3, ADP,1981-09-08,0.0,1.3,1.27,1.28, ADP,1981-09-09,0.0,1.31,1.28,1.3, ADP,1981-09-10,0.0,1.36,1.31,1.35, ADP,1981-09-11,0.0,1.37,1.35,1.37, ADP,1981-09-14,0.0,1.39,1.36,1.38, ADP,1981-09-15,0.0,1.36,1.34,1.34, ADP,1981-09-16,0.0,1.33,1.26,1.28, ADP,1981-09-17,0.0,1.29,1.24,1.25, ADP,1981-09-18,0.0,1.25,1.21,1.21, ADP,1981-09-21,0.0,1.24,1.2,1.23, ADP,1981-09-22,0.0,1.26,1.23,1.26, ADP,1981-09-23,0.0,1.25,1.21,1.22, ADP,1981-09-24,0.0,1.27,1.23,1.25, ADP,1981-09-25,0.0,1.23,1.21,1.22, ADP,1981-09-28,0.0,1.23,1.19,1.21, ADP,1981-09-29,0.0,1.26,1.21,1.21, ADP,1981-09-30,0.0,1.26,1.21,1.26, ADP,1981-10-01,0.0,1.26,1.24,1.24, ADP,1981-10-02,0.0,1.31,1.26,1.29, ADP,1981-10-05,0.0,1.34,1.31,1.32, ADP,1981-10-06,0.0,1.38,1.33,1.34, ADP,1981-10-07,0.0,1.36,1.33,1.36, ADP,1981-10-08,0.0,1.36,1.34,1.34, ADP,1981-10-09,0.0,1.36,1.34,1.34, ADP,1981-10-12,0.0,1.34,1.31,1.33, ADP,1981-10-13,0.0,1.34,1.33,1.33, ADP,1981-10-14,0.0,1.33,1.29,1.3, ADP,1981-10-15,0.0,1.29,1.29,1.29, ADP,1981-10-16,0.0,1.29,1.28,1.29, ADP,1981-10-19,0.0,1.33,1.28,1.33, ADP,1981-10-20,0.0,1.36,1.31,1.36, ADP,1981-10-21,0.0,1.38,1.35,1.36, ADP,1981-10-22,0.0,1.35,1.33,1.35, ADP,1981-10-23,0.0,1.36,1.34,1.34, ADP,1981-10-26,0.0,1.36,1.33,1.33, ADP,1981-10-27,0.0,1.38,1.34,1.36, ADP,1981-10-28,0.0,1.41,1.34,1.4, ADP,1981-10-29,0.0,1.43,1.38,1.39, ADP,1981-10-30,0.0,1.43,1.4,1.43, ADP,1981-11-02,0.0,1.5,1.44,1.5, ADP,1981-11-03,0.0,1.5,1.46,1.48, ADP,1981-11-04,0.0,1.49,1.44,1.44, ADP,1981-11-05,0.0,1.43,1.4,1.4, ADP,1981-11-06,0.0,1.44,1.41,1.44, ADP,1981-11-09,0.0,1.49,1.44,1.49, ADP,1981-11-10,0.0,1.48,1.43,1.43, ADP,1981-11-11,0.0,1.45,1.44,1.45, ADP,1981-11-12,0.0,1.48,1.46,1.47, ADP,1981-11-13,0.0,1.46,1.41,1.41, ADP,1981-11-16,0.0,1.43,1.41,1.41, ADP,1981-11-17,0.0,1.41,1.38,1.41, ADP,1981-11-18,0.0,1.42,1.38,1.42, ADP,1981-11-19,0.0,1.41,1.38,1.41, ADP,1981-11-20,0.0,1.42,1.39,1.41, ADP,1981-11-23,0.0,1.44,1.39,1.39, ADP,1981-11-24,0.0,1.4,1.36,1.38, ADP,1981-11-25,0.0,1.39,1.38,1.38, ADP,1981-11-27,0.0,1.39,1.37,1.39, ADP,1981-11-30,0.0,1.39,1.37,1.37, ADP,1981-12-01,0.0,1.39,1.36,1.37, ADP,1981-12-02,0.0,1.39,1.35,1.38, ADP,1981-12-03,0.0,1.41,1.38,1.4, ADP,1981-12-04,0.0,1.44,1.41,1.41, ADP,1981-12-07,0.0,1.41,1.36,1.36, ADP,1981-12-08,0.0,1.38,1.35,1.38, ADP,1981-12-09,0.0,1.4,1.36,1.38, ADP,1981-12-10,0.0,1.39,1.36,1.36, ADP,1981-12-11,0.0,1.36,1.34,1.34, ADP,1981-12-14,0.0,1.34,1.32,1.33, ADP,1981-12-15,0.0,1.34,1.31,1.34, ADP,1981-12-16,0.0,1.35,1.3,1.3, ADP,1981-12-17,0.0,1.31,1.29,1.3, ADP,1981-12-18,0.0,1.33,1.31,1.31, ADP,1981-12-21,0.0,1.33,1.3,1.31, ADP,1981-12-22,0.0,1.31,1.28,1.28, ADP,1981-12-23,0.0,1.29,1.27,1.27, ADP,1981-12-24,0.0,1.28,1.27,1.28, ADP,1981-12-28,0.0,1.29,1.27,1.27, ADP,1981-12-29,0.0,1.26,1.26,1.26, ADP,1981-12-30,0.0,1.25,1.25,1.25, ADP,1981-12-31,0.0,1.26,1.25,1.25, ADP,1982-01-04,0.0,1.28,1.26,1.28, ADP,1982-01-05,0.0,1.28,1.25,1.26, ADP,1982-01-06,0.0,1.28,1.25,1.26, ADP,1982-01-07,0.0,1.28,1.25,1.28, ADP,1982-01-08,0.0,1.31,1.29,1.31, ADP,1982-01-11,0.0,1.3,1.25,1.26, ADP,1982-01-12,0.0,1.25,1.23,1.25, ADP,1982-01-13,0.0,1.25,1.24,1.25, ADP,1982-01-14,0.0,1.25,1.23,1.23, ADP,1982-01-15,0.0,1.24,1.23,1.24, ADP,1982-01-18,0.0,1.26,1.23,1.26, ADP,1982-01-19,0.0,1.27,1.25,1.26, ADP,1982-01-20,0.0,1.25,1.24,1.24, ADP,1982-01-21,0.0,1.22,1.19,1.19, ADP,1982-01-22,0.0,1.21,1.19,1.2, ADP,1982-01-25,0.0,1.19,1.18,1.19, ADP,1982-01-26,0.0,1.2,1.16,1.16, ADP,1982-01-27,0.0,1.16,1.14,1.15, ADP,1982-01-28,0.0,1.24,1.19,1.23, ADP,1982-01-29,0.0,1.26,1.25,1.26, ADP,1982-02-01,0.0,1.28,1.24,1.24, ADP,1982-02-02,0.0,1.29,1.25,1.28, ADP,1982-02-03,0.0,1.29,1.25,1.27, ADP,1982-02-04,0.0,1.27,1.24,1.26, ADP,1982-02-05,0.0,1.25,1.23,1.24, ADP,1982-02-08,0.0,1.25,1.21,1.22, ADP,1982-02-09,0.0,1.21,1.19,1.21, ADP,1982-02-10,0.0,1.24,1.21,1.24, ADP,1982-02-11,0.0,1.25,1.23,1.23, ADP,1982-02-12,0.0,1.25,1.23,1.23, ADP,1982-02-16,0.0,1.25,1.23,1.24, ADP,1982-02-17,0.0,1.25,1.23,1.23, ADP,1982-02-18,0.0,1.25,1.23,1.24, ADP,1982-02-19,0.0,1.25,1.24,1.24, ADP,1982-02-22,0.0,1.28,1.23,1.23, ADP,1982-02-23,0.0,1.23,1.19,1.21, ADP,1982-02-24,0.0,1.25,1.21,1.24, ADP,1982-02-25,0.0,1.26,1.24,1.24, ADP,1982-02-26,0.0,1.26,1.23,1.25, ADP,1982-03-01,0.0,1.28,1.26,1.26, ADP,1982-03-02,0.0,1.31,1.26,1.3, ADP,1982-03-03,0.0,1.3,1.25,1.25, ADP,1982-03-04,0.0,1.25,1.19,1.2, ADP,1982-03-05,0.0,1.22,1.19,1.22, ADP,1982-03-08,0.0,1.25,1.21,1.21, ADP,1982-03-09,0.0,1.23,1.15,1.21, ADP,1982-03-10,0.0,1.26,1.21,1.24, ADP,1982-03-11,0.0,1.26,1.24,1.25, ADP,1982-03-12,0.0,1.23,1.21,1.22, ADP,1982-03-15,0.0,1.23,1.21,1.23, ADP,1982-03-16,0.0,1.26,1.2,1.25, ADP,1982-03-17,0.0,1.26,1.24,1.25, ADP,1982-03-18,0.0,1.29,1.25,1.28, ADP,1982-03-19,0.0,1.29,1.26,1.26, ADP,1982-03-22,0.0,1.28,1.26,1.28, ADP,1982-03-23,0.0,1.33,1.3,1.31, ADP,1982-03-24,0.0,1.36,1.31,1.36, ADP,1982-03-25,0.0,1.37,1.35,1.36, ADP,1982-03-26,0.0,1.34,1.32,1.33, ADP,1982-03-29,0.0,1.33,1.31,1.33, ADP,1982-03-30,0.0,1.35,1.33,1.34, ADP,1982-03-31,0.0,1.36,1.34,1.35, ADP,1982-04-01,0.0,1.37,1.33,1.35, ADP,1982-04-02,0.0,1.41,1.35,1.39, ADP,1982-04-05,0.0,1.39,1.36,1.38, ADP,1982-04-06,0.0,1.38,1.35,1.37, ADP,1982-04-07,0.0,1.39,1.38,1.38, ADP,1982-04-08,0.0,1.38,1.36,1.38, ADP,1982-04-12,0.0,1.38,1.35,1.35, ADP,1982-04-13,0.0,1.36,1.32,1.33, ADP,1982-04-14,0.0,1.3,1.26,1.29, ADP,1982-04-15,0.0,1.3,1.28,1.3, ADP,1982-04-16,0.0,1.34,1.32,1.33, ADP,1982-04-19,0.0,1.35,1.33,1.34, ADP,1982-04-20,0.0,1.34,1.31,1.32, ADP,1982-04-21,0.0,1.32,1.29,1.29, ADP,1982-04-22,0.0,1.28,1.24,1.26, ADP,1982-04-23,0.0,1.28,1.26,1.27, ADP,1982-04-26,0.0,1.29,1.26,1.27, ADP,1982-04-27,0.0,1.27,1.25,1.25, ADP,1982-04-28,0.0,1.26,1.25,1.26, ADP,1982-04-29,0.0,1.27,1.25,1.25, ADP,1982-04-30,0.0,1.27,1.26,1.26, ADP,1982-05-03,0.0,1.27,1.25,1.26, ADP,1982-05-04,0.0,1.28,1.26,1.28, ADP,1982-05-05,0.0,1.28,1.27,1.27, ADP,1982-05-06,0.0,1.3,1.27,1.3, ADP,1982-05-07,0.0,1.34,1.3,1.33, ADP,1982-05-10,0.0,1.34,1.32,1.33, ADP,1982-05-11,0.0,1.33,1.31,1.31, ADP,1982-05-12,0.0,1.31,1.29,1.29, ADP,1982-05-13,0.0,1.31,1.27,1.27, ADP,1982-05-14,0.0,1.29,1.26,1.28, ADP,1982-05-17,0.0,1.29,1.25,1.26, ADP,1982-05-18,0.0,1.26,1.25,1.26, ADP,1982-05-19,0.0,1.26,1.25,1.25, ADP,1982-05-20,0.0,1.27,1.25,1.25, ADP,1982-05-21,0.0,1.25,1.25,1.25, ADP,1982-05-24,0.0,1.27,1.25,1.25, ADP,1982-05-25,0.0,1.28,1.24,1.24, ADP,1982-05-26,0.0,1.23,1.18,1.18, ADP,1982-05-27,0.0,1.23,1.19,1.22, ADP,1982-05-28,0.0,1.23,1.19,1.22, ADP,1982-06-01,0.0,1.23,1.21,1.23, ADP,1982-06-02,0.0,1.24,1.21,1.24, ADP,1982-06-03,0.0,1.26,1.23,1.24, ADP,1982-06-04,0.0,1.25,1.21,1.21, ADP,1982-06-07,0.0,1.23,1.21,1.21, ADP,1982-06-08,0.0,1.21,1.2,1.2, ADP,1982-06-09,0.0,1.2,1.18,1.18, ADP,1982-06-10,0.0,1.21,1.18,1.21, ADP,1982-06-11,0.0,1.25,1.21,1.24, ADP,1982-06-14,0.0,1.24,1.23,1.23, ADP,1982-06-15,0.0,1.23,1.22,1.23, ADP,1982-06-16,0.0,1.24,1.21,1.22, ADP,1982-06-17,0.0,1.23,1.21,1.22, ADP,1982-06-18,0.0,1.23,1.21,1.23, ADP,1982-06-21,0.0,1.23,1.21,1.21, ADP,1982-06-22,0.0,1.21,1.18,1.18, ADP,1982-06-23,0.0,1.2,1.18,1.19, ADP,1982-06-24,0.0,1.21,1.19,1.2, ADP,1982-06-25,0.0,1.21,1.2,1.2, ADP,1982-06-28,0.0,1.21,1.2,1.21, ADP,1982-06-29,0.0,1.21,1.2,1.21, ADP,1982-06-30,0.0,1.24,1.19,1.21, ADP,1982-07-01,0.0,1.21,1.18,1.18, ADP,1982-07-02,0.0,1.18,1.16,1.16, ADP,1982-07-06,0.0,1.16,1.09,1.09, ADP,1982-07-07,0.0,1.13,1.1,1.12, ADP,1982-07-08,0.0,1.13,1.11,1.13, ADP,1982-07-09,0.0,1.18,1.14,1.17, ADP,1982-07-12,0.0,1.25,1.19,1.24, ADP,1982-07-13,0.0,1.25,1.22,1.22, ADP,1982-07-14,0.0,1.24,1.22,1.22, ADP,1982-07-15,0.0,1.24,1.23,1.24, ADP,1982-07-16,0.0,1.25,1.23,1.25, ADP,1982-07-19,0.0,1.25,1.21,1.21, ADP,1982-07-20,0.0,1.24,1.21,1.24, ADP,1982-07-21,0.0,1.24,1.21,1.21, ADP,1982-07-22,0.0,1.23,1.2,1.2, ADP,1982-07-23,0.0,1.23,1.2,1.2, ADP,1982-07-26,0.0,1.2,1.18,1.19, ADP,1982-07-27,0.0,1.19,1.17,1.17, ADP,1982-07-28,0.0,1.16,1.14,1.14, ADP,1982-07-29,0.0,1.14,1.12,1.14, ADP,1982-07-30,0.0,1.15,1.14,1.15, ADP,1982-08-02,0.0,1.19,1.16,1.17, ADP,1982-08-03,0.0,1.19,1.17,1.17, ADP,1982-08-04,0.0,1.19,1.15,1.18, ADP,1982-08-05,0.0,1.16,1.15,1.16, ADP,1982-08-06,0.0,1.15,1.11,1.11, ADP,1982-08-09,0.0,1.1,1.08,1.1, ADP,1982-08-10,0.0,1.12,1.09,1.1, ADP,1982-08-11,0.0,1.1,1.08,1.09, ADP,1982-08-12,0.0,1.09,1.03,1.03, ADP,1982-08-13,0.0,1.04,1.02,1.04, ADP,1982-08-16,0.0,1.05,1.03,1.03, ADP,1982-08-17,0.0,1.08,1.03,1.08, ADP,1982-08-18,0.0,1.15,1.05,1.05, ADP,1982-08-19,0.0,1.07,1.03,1.04, ADP,1982-08-20,0.0,1.07,1.03,1.06, ADP,1982-08-23,0.0,1.13,1.05,1.13, ADP,1982-08-24,0.0,1.21,1.15,1.2, ADP,1982-08-25,0.0,1.24,1.14,1.14, ADP,1982-08-26,0.0,1.25,1.14,1.21, ADP,1982-08-27,0.0,1.23,1.2,1.21, ADP,1982-08-30,0.0,1.21,1.18,1.2, ADP,1982-08-31,0.0,1.21,1.19,1.2, ADP,1982-09-01,0.0,1.21,1.16,1.18, ADP,1982-09-02,0.0,1.21,1.15,1.21, ADP,1982-09-03,0.0,1.26,1.21,1.25, ADP,1982-09-07,0.0,1.34,1.26,1.31, ADP,1982-09-08,0.0,1.35,1.31,1.34, ADP,1982-09-09,0.0,1.34,1.32,1.33, ADP,1982-09-10,0.0,1.34,1.31,1.33, ADP,1982-09-13,0.0,1.33,1.29,1.32, ADP,1982-09-14,0.0,1.34,1.32,1.32, ADP,1982-09-15,0.0,1.32,1.28,1.3, ADP,1982-09-16,0.0,1.31,1.27,1.27, ADP,1982-09-17,0.0,1.28,1.26,1.26, ADP,1982-09-20,0.0,1.26,1.23,1.24, ADP,1982-09-21,0.0,1.24,1.19,1.21, ADP,1982-09-22,0.0,1.25,1.18,1.18, ADP,1982-09-23,0.0,1.19,1.16,1.19, ADP,1982-09-24,0.0,1.19,1.17,1.19, ADP,1982-09-27,0.0,1.21,1.18,1.19, ADP,1982-09-28,0.0,1.25,1.2,1.23, ADP,1982-09-29,0.0,1.25,1.21,1.21, ADP,1982-09-30,0.0,1.23,1.2,1.21, ADP,1982-10-01,0.0,1.23,1.2,1.21, ADP,1982-10-04,0.0,1.23,1.21,1.21, ADP,1982-10-05,0.0,1.23,1.19,1.2, ADP,1982-10-06,0.0,1.26,1.19,1.26, ADP,1982-10-07,0.0,1.3,1.26,1.27, ADP,1982-10-08,0.0,1.34,1.29,1.34, ADP,1982-10-11,0.0,1.41,1.37,1.37, ADP,1982-10-12,0.0,1.42,1.38,1.41, ADP,1982-10-13,0.0,1.45,1.4,1.44, ADP,1982-10-14,0.0,1.43,1.39,1.4, ADP,1982-10-15,0.0,1.41,1.39,1.39, ADP,1982-10-18,0.0,1.41,1.36,1.41, ADP,1982-10-19,0.0,1.44,1.39,1.39, ADP,1982-10-20,0.0,1.5,1.39,1.49, ADP,1982-10-21,0.0,1.5,1.44,1.45, ADP,1982-10-22,0.0,1.52,1.45,1.49, ADP,1982-10-25,0.0,1.47,1.44,1.44, ADP,1982-10-26,0.0,1.46,1.41,1.46, ADP,1982-10-27,0.0,1.48,1.45,1.47, ADP,1982-10-28,0.0,1.47,1.43,1.46, ADP,1982-10-29,0.0,1.47,1.43,1.43, ADP,1982-11-01,0.0,1.43,1.39,1.41, ADP,1982-11-02,0.0,1.44,1.39,1.39, ADP,1982-11-03,0.0,1.44,1.39,1.44, ADP,1982-11-04,0.0,1.57,1.41,1.51, ADP,1982-11-05,0.0,1.67,1.51,1.66, ADP,1982-11-08,0.0,1.69,1.65,1.67, ADP,1982-11-09,0.0,1.67,1.64,1.64, ADP,1982-11-10,0.0,1.68,1.59,1.63, ADP,1982-11-11,0.0,1.64,1.6,1.61, ADP,1982-11-12,0.0,1.61,1.59,1.59, ADP,1982-11-15,0.0,1.6,1.56,1.6, ADP,1982-11-16,0.0,1.61,1.56,1.59, ADP,1982-11-17,0.0,1.65,1.59,1.65, ADP,1982-11-18,0.0,1.69,1.67,1.69, ADP,1982-11-19,0.0,1.73,1.7,1.72, ADP,1982-11-22,0.0,1.73,1.64,1.65, ADP,1982-11-23,0.0,1.7,1.65,1.67, ADP,1982-11-24,0.0,1.71,1.67,1.69, ADP,1982-11-26,0.0,1.7,1.67,1.67, ADP,1982-11-29,0.0,1.69,1.66,1.67, ADP,1982-11-30,0.0,1.75,1.67,1.74, ADP,1982-12-01,0.0,1.81,1.75,1.81, ADP,1982-12-02,0.0,1.82,1.78,1.8, ADP,1982-12-03,0.0,1.8,1.73,1.73, ADP,1982-12-06,0.0,1.85,1.72,1.85, ADP,1982-12-07,0.0,1.85,1.81,1.82, ADP,1982-12-08,0.0,1.86,1.82,1.83, ADP,1982-12-09,0.0,1.82,1.77,1.77, ADP,1982-12-10,0.0,1.77,1.74,1.77, ADP,1982-12-13,0.0,1.75,1.69,1.7, ADP,1982-12-14,0.0,1.75,1.6,1.61, ADP,1982-12-15,0.0,1.63,1.57,1.63, ADP,1982-12-16,0.0,1.66,1.6,1.64, ADP,1982-12-17,0.0,1.7,1.64,1.67, ADP,1982-12-20,0.0,1.71,1.67,1.67, ADP,1982-12-21,0.0,1.71,1.66,1.7, ADP,1982-12-22,0.0,1.76,1.73,1.75, ADP,1982-12-23,0.0,1.86,1.78,1.82, ADP,1982-12-27,0.0,1.86,1.8,1.85, ADP,1982-12-28,0.0,1.88,1.82,1.83, ADP,1982-12-29,0.0,1.86,1.83,1.83, ADP,1982-12-30,0.0,1.87,1.82,1.83, ADP,1982-12-31,0.0,1.83,1.8,1.83, ADP,1983-01-03,0.0,1.83,1.77,1.77, ADP,1983-01-04,0.0,1.8,1.75,1.8, ADP,1983-01-05,0.0,1.8,1.75,1.76, ADP,1983-01-06,0.0,1.86,1.78,1.85, ADP,1983-01-07,0.0,1.87,1.83,1.86, ADP,1983-01-10,0.0,1.9,1.83,1.86, ADP,1983-01-11,0.0,1.87,1.84,1.86, ADP,1983-01-12,0.0,1.88,1.85,1.86, ADP,1983-01-13,0.0,1.85,1.81,1.83, ADP,1983-01-14,0.0,1.87,1.83,1.86, ADP,1983-01-17,0.0,1.88,1.82,1.83, ADP,1983-01-18,0.0,1.82,1.76,1.81, ADP,1983-01-19,0.0,1.81,1.77,1.78, ADP,1983-01-20,0.0,1.8,1.77,1.78, ADP,1983-01-21,0.0,1.79,1.75,1.77, ADP,1983-01-24,0.0,1.76,1.66,1.68, ADP,1983-01-25,0.0,1.77,1.71,1.76, ADP,1983-01-26,0.0,1.77,1.72,1.73, ADP,1983-01-27,0.0,1.77,1.74,1.77, ADP,1983-01-28,0.0,1.78,1.76,1.76, ADP,1983-01-31,0.0,1.75,1.71,1.74, ADP,1983-02-01,0.0,1.75,1.66,1.67, ADP,1983-02-02,0.0,1.66,1.63,1.66, ADP,1983-02-03,0.0,1.73,1.67,1.72, ADP,1983-02-04,0.0,1.77,1.73,1.74, ADP,1983-02-07,0.0,1.76,1.73,1.75, ADP,1983-02-08,0.0,1.74,1.7,1.7, ADP,1983-02-09,0.0,1.7,1.64,1.67, ADP,1983-02-10,0.0,1.73,1.68,1.73, ADP,1983-02-11,0.0,1.78,1.72,1.73, ADP,1983-02-14,0.0,1.8,1.72,1.8, ADP,1983-02-15,0.0,1.81,1.76,1.77, ADP,1983-02-16,0.0,1.83,1.78,1.78, ADP,1983-02-17,0.0,1.8,1.76,1.78, ADP,1983-02-18,0.0,1.79,1.77,1.78, ADP,1983-02-22,0.0,1.8,1.76,1.77, ADP,1983-02-23,0.0,1.78,1.77,1.78, ADP,1983-02-24,0.0,1.8,1.78,1.78, ADP,1983-02-25,0.0,1.83,1.77,1.78, ADP,1983-02-28,0.0,1.8,1.76,1.77, ADP,1983-03-01,0.0,1.83,1.78,1.81, ADP,1983-03-02,0.0,1.87,1.81,1.85, ADP,1983-03-03,0.0,1.93,1.82,1.92, ADP,1983-03-04,0.0,1.98,1.93,1.98, ADP,1983-03-07,0.0,1.97,1.93,1.93, ADP,1983-03-08,0.0,1.97,1.88,1.89, ADP,1983-03-09,0.0,1.93,1.89,1.93, ADP,1983-03-10,0.0,1.95,1.9,1.91, ADP,1983-03-11,0.0,1.91,1.87,1.88, ADP,1983-03-14,0.0,1.88,1.85,1.88, ADP,1983-03-15,0.0,1.86,1.83,1.85, ADP,1983-03-16,0.0,1.83,1.8,1.81, ADP,1983-03-17,0.0,1.83,1.81,1.83, ADP,1983-03-18,0.0,1.85,1.81,1.81, ADP,1983-03-21,0.0,1.8,1.78,1.8, ADP,1983-03-22,0.0,1.82,1.8,1.81, ADP,1983-03-23,0.0,1.82,1.78,1.8, ADP,1983-03-24,0.0,1.85,1.78,1.84, ADP,1983-03-25,0.0,1.86,1.83,1.84, ADP,1983-03-28,0.0,1.85,1.81,1.82, ADP,1983-03-29,0.0,1.83,1.82,1.82, ADP,1983-03-30,0.0,1.83,1.82,1.83, ADP,1983-03-31,0.0,1.84,1.8,1.82, ADP,1983-04-04,0.0,1.83,1.73,1.75, ADP,1983-04-05,0.0,1.76,1.7,1.7, ADP,1983-04-06,1.04035,1.05998,1.02665,1.05998, ADP,1983-04-07,1.05998,1.0798,1.05366,1.0798, ADP,1983-04-08,1.0798,1.0798,1.06659,1.0798, ADP,1983-04-11,1.0798,1.0798,1.05998,1.05998, ADP,1983-04-12,1.06659,1.07349,1.04035,1.06659, ADP,1983-04-13,1.0798,1.08631,1.07349,1.07349, ADP,1983-04-14,1.0798,1.09972,1.0798,1.09972, ADP,1983-04-15,1.11275,1.11275,1.08631,1.09321, ADP,1983-04-18,1.0798,1.08631,1.07349,1.08631, ADP,1983-04-19,1.07349,1.08631,1.06659,1.07349, ADP,1983-04-20,1.07349,1.09972,1.07349,1.09321, ADP,1983-04-21,1.09972,1.11964,1.0798,1.0798, ADP,1983-04-22,1.0798,1.08631,1.0798,1.0798, ADP,1983-04-25,1.07349,1.08631,1.05998,1.05998, ADP,1983-04-26,1.0798,1.08631,1.05998,1.0798, ADP,1983-04-27,1.06659,1.0798,1.05366,1.05366, ADP,1983-04-28,1.05998,1.07349,1.05366,1.06659, ADP,1983-04-29,1.0798,1.09972,1.05998,1.09972, ADP,1983-05-02,1.09972,1.13296,1.08631,1.12635, ADP,1983-05-03,1.11275,1.13296,1.09972,1.12635, ADP,1983-05-04,1.13296,1.13967,1.12635,1.13296, ADP,1983-05-05,1.15929,1.18611,1.13967,1.17902, ADP,1983-05-06,1.17902,1.22576,1.17902,1.21255, ADP,1983-05-09,1.21896,1.2588,1.19933,1.25219, ADP,1983-05-10,1.2588,1.27192,1.2588,1.2588, ADP,1983-05-11,1.2588,1.26531,1.24548,1.24548, ADP,1983-05-12,1.24548,1.24548,1.18611,1.19933, ADP,1983-05-13,1.19933,1.20565,1.19933,1.19933, ADP,1983-05-16,1.19933,1.19933,1.17281,1.18611, ADP,1983-05-17,1.17281,1.19242,1.15297,1.15929, ADP,1983-05-18,1.15929,1.18611,1.15297,1.18611, ADP,1983-05-19,1.17281,1.17902,1.15929,1.15929, ADP,1983-05-20,1.166,1.17281,1.15929,1.17281, ADP,1983-05-23,1.15929,1.17281,1.15297,1.17281, ADP,1983-05-24,1.15929,1.18611,1.15297,1.18611, ADP,1983-05-25,1.18611,1.19933,1.17902,1.18611, ADP,1983-05-26,1.19933,1.22576,1.19933,1.19933, ADP,1983-05-27,1.19933,1.19933,1.15929,1.17902, ADP,1983-05-31,1.15929,1.17902,1.15297,1.15929, ADP,1983-06-01,1.14618,1.17281,1.13967,1.166, ADP,1983-06-02,1.18611,1.18611,1.15929,1.166, ADP,1983-06-03,1.17281,1.17902,1.15929,1.17281, ADP,1983-06-06,1.17281,1.17902,1.15929,1.166, ADP,1983-06-07,1.17281,1.17281,1.14618,1.14618, ADP,1983-06-08,1.13967,1.15297,1.13296,1.15297, ADP,1983-06-09,1.15297,1.15297,1.14618,1.15297, ADP,1983-06-10,1.15297,1.19242,1.14618,1.18611, ADP,1983-06-13,1.19242,1.19933,1.17281,1.19933, ADP,1983-06-14,1.20565,1.21255,1.19242,1.19933, ADP,1983-06-15,1.19933,1.2588,1.19933,1.2588, ADP,1983-06-16,1.27862,1.33159,1.27862,1.33159, ADP,1983-06-17,1.31185,1.31185,1.29845,1.31185, ADP,1983-06-20,1.31817,1.3381,1.30525,1.30525, ADP,1983-06-21,1.30525,1.30525,1.29194,1.30525, ADP,1983-06-22,1.31185,1.31185,1.29845,1.31185, ADP,1983-06-23,1.31185,1.31817,1.29845,1.29845, ADP,1983-06-24,1.28543,1.28543,1.26531,1.27192, ADP,1983-06-27,1.27192,1.27192,1.24548,1.24548, ADP,1983-06-28,1.24548,1.2588,1.24548,1.2588, ADP,1983-06-29,1.24548,1.2588,1.23908,1.25219, ADP,1983-06-30,1.2588,1.27862,1.2588,1.27192, ADP,1983-07-01,1.27192,1.32518,1.27192,1.31817, ADP,1983-07-05,1.31185,1.31185,1.25219,1.2588, ADP,1983-07-06,1.2588,1.28543,1.2588,1.28543, ADP,1983-07-07,1.27862,1.30525,1.27862,1.29845, ADP,1983-07-08,1.29845,1.31185,1.29845,1.29845, ADP,1983-07-11,1.30525,1.31185,1.30525,1.31185, ADP,1983-07-12,1.31185,1.31817,1.31185,1.31185, ADP,1983-07-13,1.31185,1.31185,1.28543,1.30525, ADP,1983-07-14,1.30525,1.31185,1.29845,1.29845, ADP,1983-07-15,1.28543,1.28543,1.26531,1.26531, ADP,1983-07-18,1.25219,1.25219,1.23908,1.23908, ADP,1983-07-19,1.23908,1.23908,1.19933,1.21896, ADP,1983-07-20,1.23908,1.32518,1.23908,1.32518, ADP,1983-07-21,1.33159,1.33159,1.27862,1.27862, ADP,1983-07-22,1.29194,1.30525,1.27862,1.27862, ADP,1983-07-25,1.27862,1.27862,1.2588,1.26531, ADP,1983-07-26,1.26531,1.27862,1.26531,1.27192, ADP,1983-07-27,1.25219,1.29845,1.19933,1.19933, ADP,1983-07-28,1.19933,1.22576,1.19933,1.19933, ADP,1983-07-29,1.18611,1.18611,1.166,1.17281, ADP,1983-08-01,1.17281,1.18611,1.15929,1.166, ADP,1983-08-02,1.17281,1.17902,1.166,1.166, ADP,1983-08-03,1.166,1.18611,1.15929,1.18611, ADP,1983-08-04,1.18611,1.18611,1.15297,1.15929, ADP,1983-08-05,1.15297,1.15297,1.13296,1.13967, ADP,1983-08-08,1.13296,1.13296,1.11275,1.11275, ADP,1983-08-09,1.11275,1.12635,1.0798,1.0798, ADP,1983-08-10,1.0798,1.09321,1.0798,1.09321, ADP,1983-08-11,1.09972,1.10654,1.09972,1.09972, ADP,1983-08-12,1.10654,1.10654,1.09321,1.09972, ADP,1983-08-15,1.11275,1.11275,1.09321,1.09321, ADP,1983-08-16,1.08631,1.09321,1.0798,1.09321, ADP,1983-08-17,1.0798,1.11275,1.0798,1.11275, ADP,1983-08-18,1.11275,1.12635,1.09321,1.09321, ADP,1983-08-19,1.08631,1.12635,1.08631,1.11275, ADP,1983-08-22,1.11964,1.13296,1.11275,1.11275, ADP,1983-08-23,1.11275,1.11275,1.09972,1.10654, ADP,1983-08-24,1.0798,1.09321,1.07349,1.09321, ADP,1983-08-25,1.09321,1.09321,1.07349,1.0798, ADP,1983-08-26,1.08631,1.09321,1.0798,1.0798, ADP,1983-08-29,1.07349,1.08631,1.07349,1.08631, ADP,1983-08-30,1.0798,1.0798,1.07349,1.0798, ADP,1983-08-31,1.0798,1.09321,1.07349,1.0798, ADP,1983-09-01,1.0798,1.09972,1.0798,1.0798, ADP,1983-09-02,1.0798,1.10654,1.0798,1.09972, ADP,1983-09-06,1.11275,1.15297,1.11275,1.14618, ADP,1983-09-07,1.15297,1.19933,1.15297,1.19933, ADP,1983-09-08,1.19933,1.19933,1.18611,1.18611, ADP,1983-09-09,1.17281,1.18611,1.166,1.166, ADP,1983-09-12,1.17902,1.17902,1.14618,1.15929, ADP,1983-09-13,1.15297,1.15297,1.13967,1.14618, ADP,1983-09-14,1.13967,1.14618,1.12635,1.14618, ADP,1983-09-15,1.14618,1.14618,1.13296,1.13967, ADP,1983-09-16,1.13967,1.13967,1.11964,1.13967, ADP,1983-09-19,1.13967,1.15297,1.12635,1.13967, ADP,1983-09-20,1.15297,1.15929,1.14618,1.15297, ADP,1983-09-21,1.15297,1.15297,1.11964,1.13967, ADP,1983-09-22,1.13967,1.13967,1.11964,1.13967, ADP,1983-09-23,1.13967,1.13967,1.11964,1.13967, ADP,1983-09-26,1.13967,1.13967,1.11964,1.12635, ADP,1983-09-27,1.13967,1.13967,1.12635,1.12635, ADP,1983-09-28,1.11275,1.12635,1.11275,1.11964, ADP,1983-09-29,1.11275,1.11964,1.09972,1.10654, ADP,1983-09-30,1.11275,1.11275,1.09321,1.09321, ADP,1983-10-03,1.09321,1.11275,1.08631,1.11275, ADP,1983-10-04,1.11275,1.12635,1.11275,1.12635, ADP,1983-10-05,1.13967,1.13967,1.12635,1.13296, ADP,1983-10-06,1.11964,1.17902,1.11964,1.166, ADP,1983-10-07,1.17902,1.17902,1.15929,1.17281, ADP,1983-10-10,1.17902,1.18611,1.17902,1.17902, ADP,1983-10-11,1.18611,1.19933,1.18611,1.18611, ADP,1983-10-12,1.18611,1.19933,1.17902,1.17902, ADP,1983-10-13,1.17902,1.19242,1.166,1.17281, ADP,1983-10-14,1.17281,1.19933,1.17281,1.19933, ADP,1983-10-17,1.19933,1.19933,1.19242,1.19933, ADP,1983-10-18,1.20565,1.20565,1.166,1.17902, ADP,1983-10-19,1.166,1.166,1.13967,1.14618, ADP,1983-10-20,1.14618,1.15297,1.14618,1.14618, ADP,1983-10-21,1.14618,1.15929,1.13967,1.13967, ADP,1983-10-24,1.12635,1.12635,1.11275,1.11964, ADP,1983-10-25,1.12635,1.12635,1.11275,1.11275, ADP,1983-10-26,1.11275,1.12635,1.11275,1.12635, ADP,1983-10-27,1.11275,1.11275,1.09972,1.11275, ADP,1983-10-28,1.09972,1.11275,1.09321,1.09321, ADP,1983-10-31,1.09321,1.09321,1.04035,1.05998, ADP,1983-11-01,1.05998,1.05998,1.02034,1.04035, ADP,1983-11-02,1.04035,1.06659,1.02665,1.05998, ADP,1983-11-03,1.05366,1.05998,1.03365,1.04035, ADP,1983-11-04,1.04035,1.04657,1.04035,1.04035, ADP,1983-11-07,1.04035,1.04035,1.02665,1.04035, ADP,1983-11-08,1.03365,1.05366,1.03365,1.04035, ADP,1983-11-09,1.05366,1.07349,1.05366,1.07349, ADP,1983-11-10,1.0798,1.0798,1.05998,1.07349, ADP,1983-11-11,1.07349,1.0798,1.05998,1.06659, ADP,1983-11-14,1.05998,1.05998,1.02665,1.03365, ADP,1983-11-15,1.04035,1.05366,1.03365,1.03365, ADP,1983-11-16,1.04035,1.05998,0.960274,1.04657, ADP,1983-11-17,1.05366,1.07349,1.05366,1.06659, ADP,1983-11-18,1.05998,1.06659,1.05366,1.05998, ADP,1983-11-21,1.05998,1.06659,1.05366,1.05998, ADP,1983-11-22,1.06659,1.0798,1.05998,1.05998, ADP,1983-11-23,1.06659,1.0798,1.05998,1.07349, ADP,1983-11-25,1.0798,1.0798,1.05998,1.05998, ADP,1983-11-28,1.05998,1.07349,1.05998,1.07349, ADP,1983-11-29,1.05998,1.07349,1.05366,1.07349, ADP,1983-11-30,1.0798,1.0798,1.07349,1.07349, ADP,1983-12-01,1.0798,1.0798,1.07349,1.07349, ADP,1983-12-02,1.0798,1.0798,1.06659,1.07349, ADP,1983-12-05,1.0798,1.09972,1.0798,1.09321, ADP,1983-12-06,1.09972,1.09972,1.09321,1.09972, ADP,1983-12-07,1.09972,1.09972,1.09321,1.09972, ADP,1983-12-08,1.10654,1.10654,1.0798,1.0798, ADP,1983-12-09,1.0798,1.09321,1.0798,1.09321, ADP,1983-12-12,1.09321,1.09321,1.0798,1.08631, ADP,1983-12-13,1.0798,1.09321,1.0798,1.09321, ADP,1983-12-14,1.0798,1.08631,1.0798,1.0798, ADP,1983-12-15,1.0798,1.0798,1.02665,1.03365, ADP,1983-12-16,1.03365,1.04035,1.02034,1.02034, ADP,1983-12-19,1.02034,1.02665,1.02034,1.02665, ADP,1983-12-20,1.02665,1.04035,1.02034,1.02665, ADP,1983-12-21,1.04035,1.05366,1.03365,1.04657, ADP,1983-12-22,1.04657,1.04657,1.02665,1.02665, ADP,1983-12-23,1.02034,1.04035,1.01373,1.02034, ADP,1983-12-27,1.02665,1.06659,1.02665,1.06659, ADP,1983-12-28,1.05366,1.07349,1.05366,1.06659, ADP,1983-12-29,1.07349,1.07349,1.04657,1.05998, ADP,1983-12-30,1.07349,1.0798,1.06659,1.0798, ADP,1984-01-03,1.0798,1.10654,1.07349,1.0798, ADP,1984-01-04,1.0798,1.0798,1.06659,1.06659, ADP,1984-01-05,1.06659,1.09321,1.06659,1.09321, ADP,1984-01-06,1.09321,1.10654,1.09321,1.10654, ADP,1984-01-09,1.09972,1.09972,1.0798,1.09321, ADP,1984-01-10,1.0798,1.09972,1.0798,1.09972, ADP,1984-01-11,1.10654,1.10654,1.07349,1.10654, ADP,1984-01-12,1.10654,1.13296,1.10654,1.13296, ADP,1984-01-13,1.12635,1.13296,1.11964,1.12635, ADP,1984-01-16,1.12635,1.12635,1.11275,1.12635, ADP,1984-01-17,1.12635,1.14618,1.12635,1.14618, ADP,1984-01-18,1.15297,1.166,1.15297,1.15929, ADP,1984-01-19,1.15297,1.166,1.15297,1.15929, ADP,1984-01-20,1.15297,1.15929,1.14618,1.15297, ADP,1984-01-23,1.15297,1.15297,1.12635,1.13296, ADP,1984-01-24,1.13296,1.14618,1.13296,1.14618, ADP,1984-01-25,1.14618,1.14618,1.11275,1.11275, ADP,1984-01-26,1.10654,1.11275,1.09972,1.10654, ADP,1984-01-27,1.09972,1.09972,1.08631,1.09321, ADP,1984-01-30,1.0798,1.0798,1.07349,1.0798, ADP,1984-01-31,1.07349,1.08631,1.07349,1.08631, ADP,1984-02-01,1.0798,1.08631,1.07349,1.07349, ADP,1984-02-02,1.07349,1.0798,1.07349,1.0798, ADP,1984-02-03,1.0798,1.0798,1.0798,1.0798, ADP,1984-02-06,1.0798,1.0798,1.05366,1.05998, ADP,1984-02-07,1.04657,1.05998,1.04035,1.05366, ADP,1984-02-08,1.05366,1.06659,1.05366,1.05366, ADP,1984-02-09,1.05366,1.06659,1.04657,1.05366, ADP,1984-02-10,1.05366,1.07349,1.05366,1.06659, ADP,1984-02-13,1.05366,1.05998,1.04657,1.05366, ADP,1984-02-14,1.05366,1.0798,1.05366,1.06659, ADP,1984-02-15,1.07349,1.07349,1.03365,1.04035, ADP,1984-02-16,1.02665,1.02665,0.987099,1.02034, ADP,1984-02-17,1.02034,1.02665,1.00022,1.00022, ADP,1984-02-21,0.987099,0.994008,0.973884,0.987099, ADP,1984-02-22,0.973884,0.973884,0.940452,0.947356, ADP,1984-02-23,0.960274,0.960274,0.940452,0.954061, ADP,1984-02-24,0.973884,0.987099,0.960274,0.987099, ADP,1984-02-27,1.00022,1.01373,0.973884,0.987099, ADP,1984-02-28,0.987099,0.987099,0.960274,0.967573, ADP,1984-02-29,0.973884,0.994008,0.967573,0.967573, ADP,1984-03-01,0.98059,0.994008,0.973884,0.994008, ADP,1984-03-02,0.994008,1.00022,0.987099,0.994008, ADP,1984-03-05,0.987099,0.994008,0.967573,0.973884, ADP,1984-03-06,0.973884,0.987099,0.967573,0.967573, ADP,1984-03-07,0.967573,0.967573,0.947356,0.967573, ADP,1984-03-08,0.967573,0.967573,0.947356,0.960274, ADP,1984-03-09,0.960274,0.967573,0.947356,0.967573, ADP,1984-03-12,0.960274,0.994008,0.960274,0.994008, ADP,1984-03-13,0.994008,1.01373,0.994008,1.01373, ADP,1984-03-14,1.01373,1.02665,1.01373,1.02665, ADP,1984-03-15,1.02665,1.04657,1.02034,1.02034, ADP,1984-03-16,1.02665,1.04035,1.00702,1.02665, ADP,1984-03-19,1.00702,1.01373,0.994008,1.01373, ADP,1984-03-20,1.01373,1.01373,0.98059,0.98059, ADP,1984-03-21,0.98059,0.98059,0.960274,0.960274, ADP,1984-03-22,0.947356,0.954061,0.940452,0.947356, ADP,1984-03-23,0.954061,0.954061,0.947356,0.947356, ADP,1984-03-26,0.954061,0.960274,0.947356,0.954061, ADP,1984-03-27,0.947356,0.960274,0.947356,0.947356, ADP,1984-03-28,0.960274,1.00022,0.960274,1.00022, ADP,1984-03-29,1.01373,1.01373,0.987099,1.00022, ADP,1984-03-30,1.00022,1.01373,1.00022,1.01373, ADP,1984-04-02,1.01373,1.01373,0.987099,0.987099, ADP,1984-04-03,0.98059,0.98059,0.973884,0.98059, ADP,1984-04-04,0.98059,0.987099,0.98059,0.98059, ADP,1984-04-05,0.973884,0.98059,0.967573,0.967573, ADP,1984-04-06,0.967573,0.98059,0.954061,0.967573, ADP,1984-04-09,0.973884,0.973884,0.940452,0.947356, ADP,1984-04-10,0.940452,0.940452,0.900806,0.90771, ADP,1984-04-11,0.900806,0.927433,0.900806,0.927433, ADP,1984-04-12,0.914416,0.947356,0.914416,0.93414, ADP,1984-04-13,0.947356,0.960274,0.947356,0.960274, ADP,1984-04-16,0.954061,0.954061,0.940452,0.947356, ADP,1984-04-17,0.954061,0.960274,0.940452,0.960274, ADP,1984-04-18,0.954061,0.967573,0.947356,0.947356, ADP,1984-04-19,0.940452,0.954061,0.940452,0.947356, ADP,1984-04-23,0.947356,0.947356,0.914416,0.914416, ADP,1984-04-24,0.914416,0.947356,0.914416,0.947356, ADP,1984-04-25,0.954061,0.973884,0.947356,0.967573, ADP,1984-04-26,0.973884,1.00702,0.967573,1.00702, ADP,1984-04-27,1.00702,1.01373,1.00702,1.00702, ADP,1984-04-30,1.01373,1.02034,1.01373,1.02034, ADP,1984-05-01,1.02034,1.05366,1.02034,1.04657, ADP,1984-05-02,1.04657,1.04657,1.02034,1.04035, ADP,1984-05-03,1.04035,1.04035,1.03365,1.03365, ADP,1984-05-04,1.03365,1.03365,1.02034,1.02665, ADP,1984-05-07,1.02034,1.02034,1.00702,1.01373, ADP,1984-05-08,1.01373,1.02034,1.01373,1.02034, ADP,1984-05-09,1.02034,1.02034,1.01373,1.01373, ADP,1984-05-10,1.01373,1.01373,1.00702,1.00702, ADP,1984-05-11,1.00702,1.01373,1.00702,1.00702, ADP,1984-05-14,1.00702,1.01373,1.00702,1.00702, ADP,1984-05-15,1.01373,1.04035,1.01373,1.01373, ADP,1984-05-16,1.01373,1.02665,1.01373,1.02034, ADP,1984-05-17,1.02034,1.02034,1.00702,1.00702, ADP,1984-05-18,1.01373,1.03365,1.01373,1.03365, ADP,1984-05-21,1.02665,1.02665,1.02034,1.02034, ADP,1984-05-22,1.02034,1.02034,1.00022,1.00022, ADP,1984-05-23,1.00022,1.00702,0.987099,0.987099, ADP,1984-05-24,0.987099,0.987099,0.973884,0.973884, ADP,1984-05-25,0.98059,1.00022,0.98059,0.987099, ADP,1984-05-29,1.00022,1.00022,0.987099,0.987099, ADP,1984-05-30,1.00022,1.00702,0.987099,1.00022, ADP,1984-05-31,1.00022,1.00702,0.994008,0.994008, ADP,1984-06-01,0.987099,0.994008,0.98059,0.994008, ADP,1984-06-04,1.00022,1.02034,1.00022,1.01373, ADP,1984-06-05,1.00702,1.02034,1.00022,1.00702, ADP,1984-06-06,1.00702,1.05366,1.00702,1.03365, ADP,1984-06-07,1.04657,1.0798,1.03365,1.06659, ADP,1984-06-08,1.05366,1.05366,1.02665,1.03365, ADP,1984-06-11,1.02034,1.02034,1.00702,1.00702, ADP,1984-06-12,1.00702,1.01373,1.00702,1.01373, ADP,1984-06-13,1.01373,1.02034,1.01373,1.02034, ADP,1984-06-14,1.02034,1.03365,1.01373,1.03365, ADP,1984-06-15,1.02034,1.03365,1.02034,1.02034, ADP,1984-06-18,1.02034,1.03365,1.00702,1.02034, ADP,1984-06-19,1.02034,1.05998,1.02034,1.03365, ADP,1984-06-20,1.03365,1.07349,1.02665,1.05998, ADP,1984-06-21,1.06659,1.09972,1.05998,1.0798, ADP,1984-06-22,1.0798,1.08631,1.06659,1.08631, ADP,1984-06-25,1.09321,1.09321,1.06659,1.0798, ADP,1984-06-26,1.07349,1.0798,1.06659,1.07349, ADP,1984-06-27,1.07349,1.0798,1.06659,1.07349, ADP,1984-06-28,1.06659,1.09972,1.06659,1.0798, ADP,1984-06-29,1.0798,1.09972,1.0798,1.08631, ADP,1984-07-02,1.0798,1.08631,1.07349,1.0798, ADP,1984-07-03,1.0798,1.08631,1.0798,1.0798, ADP,1984-07-05,1.0798,1.0798,1.06659,1.07349, ADP,1984-07-06,1.06659,1.06659,1.05998,1.05998, ADP,1984-07-09,1.05366,1.05998,1.04657,1.05998, ADP,1984-07-10,1.05998,1.08631,1.05998,1.07349, ADP,1984-07-11,1.07349,1.0798,1.07349,1.07349, ADP,1984-07-12,1.07349,1.08631,1.06659,1.07349, ADP,1984-07-13,1.07349,1.0798,1.07349,1.0798, ADP,1984-07-16,1.0798,1.08631,1.0798,1.08631, ADP,1984-07-17,1.08631,1.08631,1.0798,1.08631, ADP,1984-07-18,1.08631,1.08631,1.0798,1.08631, ADP,1984-07-19,1.0798,1.0798,1.07349,1.07349, ADP,1984-07-20,1.07349,1.0798,1.07349,1.0798, ADP,1984-07-23,1.07349,1.08631,1.05998,1.08631, ADP,1984-07-24,1.08631,1.09972,1.08631,1.08631, ADP,1984-07-25,1.09321,1.09321,1.07349,1.08631, ADP,1984-07-26,1.08631,1.08631,1.06659,1.06659, ADP,1984-07-27,1.06659,1.06659,1.05366,1.05366, ADP,1984-07-30,1.05998,1.06659,1.05998,1.05998, ADP,1984-07-31,1.06659,1.07349,1.05998,1.06659, ADP,1984-08-01,1.05998,1.08631,1.05998,1.0798, ADP,1984-08-02,1.08631,1.13296,1.08631,1.13296, ADP,1984-08-03,1.13967,1.17281,1.13967,1.166, ADP,1984-08-06,1.17281,1.19933,1.14618,1.15297, ADP,1984-08-07,1.13967,1.166,1.13967,1.15297, ADP,1984-08-08,1.15929,1.166,1.13967,1.13967, ADP,1984-08-09,1.13967,1.166,1.13296,1.166, ADP,1984-08-10,1.17902,1.18611,1.166,1.17281, ADP,1984-08-13,1.166,1.166,1.15297,1.166, ADP,1984-08-14,1.166,1.166,1.15297,1.166, ADP,1984-08-15,1.15297,1.166,1.13296,1.13296, ADP,1984-08-16,1.13967,1.14618,1.13296,1.13967, ADP,1984-08-17,1.13967,1.166,1.13967,1.15929, ADP,1984-08-20,1.15297,1.166,1.15297,1.166, ADP,1984-08-21,1.166,1.19242,1.166,1.18611, ADP,1984-08-22,1.18611,1.20565,1.166,1.166, ADP,1984-08-23,1.17281,1.18611,1.14618,1.166, ADP,1984-08-24,1.17281,1.18611,1.17281,1.17902, ADP,1984-08-27,1.17281,1.17281,1.14618,1.15297, ADP,1984-08-28,1.15297,1.15297,1.14618,1.15297, ADP,1984-08-29,1.15929,1.17902,1.15929,1.166, ADP,1984-08-30,1.166,1.17281,1.15297,1.15297, ADP,1984-08-31,1.15297,1.18611,1.15297,1.18611, ADP,1984-09-04,1.18611,1.18611,1.166,1.166, ADP,1984-09-05,1.166,1.166,1.15929,1.15929, ADP,1984-09-06,1.14618,1.17281,1.14618,1.166, ADP,1984-09-07,1.166,1.17281,1.166,1.17281, ADP,1984-09-10,1.166,1.166,1.15929,1.166, ADP,1984-09-11,1.17902,1.19242,1.166,1.19242, ADP,1984-09-12,1.17902,1.19242,1.17902,1.17902, ADP,1984-09-13,1.17902,1.20565,1.17902,1.20565, ADP,1984-09-14,1.21255,1.23908,1.20565,1.21896, ADP,1984-09-17,1.20565,1.21896,1.19933,1.21255, ADP,1984-09-18,1.21255,1.21896,1.21255,1.21896, ADP,1984-09-19,1.21255,1.21896,1.20565,1.21255, ADP,1984-09-20,1.20565,1.21896,1.20565,1.21255, ADP,1984-09-21,1.20565,1.21255,1.19933,1.20565, ADP,1984-09-24,1.19933,1.19933,1.17902,1.18611, ADP,1984-09-25,1.18611,1.18611,1.15929,1.17281, ADP,1984-09-26,1.166,1.19242,1.166,1.17902, ADP,1984-09-27,1.19242,1.19242,1.166,1.19242, ADP,1984-09-28,1.19933,1.19933,1.19242,1.19933, ADP,1984-10-01,1.19933,1.19933,1.18611,1.18611, ADP,1984-10-02,1.17902,1.17902,1.13967,1.13967, ADP,1984-10-03,1.12635,1.13296,1.09972,1.10654, ADP,1984-10-04,1.10654,1.11275,1.08631,1.08631, ADP,1984-10-05,1.09321,1.09321,1.05998,1.0798, ADP,1984-10-08,1.06659,1.07349,1.06659,1.07349, ADP,1984-10-09,1.07349,1.08631,1.07349,1.07349, ADP,1984-10-10,1.07349,1.09972,1.07349,1.09972, ADP,1984-10-11,1.09321,1.11275,1.0798,1.0798, ADP,1984-10-12,1.09321,1.10654,1.08631,1.09972, ADP,1984-10-15,1.09972,1.13967,1.09972,1.13967, ADP,1984-10-16,1.13296,1.14618,1.12635,1.12635, ADP,1984-10-17,1.13967,1.13967,1.12635,1.13296, ADP,1984-10-18,1.13296,1.15297,1.13296,1.15297, ADP,1984-10-19,1.19933,1.19933,1.19242,1.19242, ADP,1984-10-22,1.19242,1.19933,1.17902,1.19242, ADP,1984-10-23,1.19242,1.19933,1.18611,1.18611, ADP,1984-10-24,1.18611,1.19933,1.18611,1.18611, ADP,1984-10-25,1.18611,1.18611,1.15297,1.15929, ADP,1984-10-26,1.15929,1.15929,1.13967,1.13967, ADP,1984-10-29,1.13967,1.13967,1.13296,1.13967, ADP,1984-10-30,1.13967,1.14618,1.12635,1.13296, ADP,1984-10-31,1.13296,1.15297,1.13296,1.14618, ADP,1984-11-01,1.15297,1.17902,1.15297,1.17281, ADP,1984-11-02,1.17281,1.17902,1.166,1.17902, ADP,1984-11-05,1.166,1.166,1.15297,1.15929, ADP,1984-11-06,1.15297,1.15297,1.13967,1.15297, ADP,1984-11-07,1.15297,1.166,1.15297,1.15929, ADP,1984-11-08,1.15929,1.15929,1.15297,1.15297, ADP,1984-11-09,1.15297,1.15297,1.13967,1.13967, ADP,1984-11-12,1.13967,1.13967,1.13967,1.13967, ADP,1984-11-13,1.13967,1.15297,1.13967,1.13967, ADP,1984-11-14,1.13967,1.13967,1.13967,1.13967, ADP,1984-11-15,1.13967,1.13967,1.12635,1.12635, ADP,1984-11-16,1.12635,1.13296,1.11964,1.12635, ADP,1984-11-19,1.13296,1.13967,1.12635,1.12635, ADP,1984-11-20,1.13967,1.13967,1.12635,1.12635, ADP,1984-11-21,1.11964,1.12635,1.11275,1.12635, ADP,1984-11-23,1.12635,1.13296,1.11964,1.12635, ADP,1984-11-26,1.13296,1.13967,1.12635,1.12635, ADP,1984-11-27,1.12635,1.12635,1.11275,1.11964, ADP,1984-11-28,1.11964,1.11964,1.11275,1.11275, ADP,1984-11-29,1.10654,1.10654,1.0798,1.08631, ADP,1984-11-30,1.08631,1.09321,1.0798,1.08631, ADP,1984-12-03,1.0798,1.0798,1.0798,1.0798, ADP,1984-12-04,1.0798,1.08631,1.0798,1.0798, ADP,1984-12-05,1.0798,1.08631,1.0798,1.0798, ADP,1984-12-06,1.0798,1.09972,1.0798,1.09321, ADP,1984-12-07,1.09321,1.10654,1.0798,1.0798, ADP,1984-12-10,1.0798,1.09972,1.0798,1.09972, ADP,1984-12-11,1.10654,1.11275,1.08631,1.09321, ADP,1984-12-12,1.09972,1.09972,1.09321,1.09321, ADP,1984-12-13,1.08631,1.10654,1.08631,1.09972, ADP,1984-12-14,1.09321,1.11275,1.09321,1.11275, ADP,1984-12-17,1.10654,1.11275,1.09321,1.10654, ADP,1984-12-18,1.11964,1.15929,1.11964,1.15929, ADP,1984-12-19,1.166,1.19242,1.15929,1.17281, ADP,1984-12-20,1.17281,1.19242,1.17281,1.18611, ADP,1984-12-21,1.18611,1.18611,1.17281,1.17902, ADP,1984-12-24,1.18611,1.19933,1.18611,1.19242, ADP,1984-12-26,1.18611,1.18611,1.17281,1.18611, ADP,1984-12-27,1.18611,1.19933,1.18611,1.19242, ADP,1984-12-28,1.19933,1.19933,1.19242,1.19242, ADP,1984-12-31,1.19242,1.19933,1.19242,1.19933, ADP,1985-01-02,1.19933,1.19933,1.19242,1.19933, ADP,1985-01-03,1.19242,1.19933,1.19242,1.19933, ADP,1985-01-04,1.19242,1.19933,1.19242,1.19933, ADP,1985-01-07,1.19933,1.19933,1.19933,1.19933, ADP,1985-01-08,1.19933,1.19933,1.19933,1.19933, ADP,1985-01-09,1.19933,1.22576,1.19933,1.21255, ADP,1985-01-10,1.22576,1.25219,1.21255,1.25219, ADP,1985-01-11,1.2588,1.27192,1.2588,1.26531, ADP,1985-01-14,1.2588,1.26531,1.2588,1.26531, ADP,1985-01-15,1.2588,1.27862,1.2588,1.26531, ADP,1985-01-16,1.2588,1.27862,1.2588,1.2588, ADP,1985-01-17,1.2588,1.27192,1.24548,1.24548, ADP,1985-01-18,1.25219,1.25219,1.23217,1.24548, ADP,1985-01-21,1.23908,1.31185,1.23908,1.30525, ADP,1985-01-22,1.30525,1.3381,1.29845,1.29845, ADP,1985-01-23,1.29194,1.32518,1.26531,1.32518, ADP,1985-01-24,1.33159,1.3381,1.31185,1.31185, ADP,1985-01-25,1.30525,1.31817,1.30525,1.31185, ADP,1985-01-28,1.31185,1.32518,1.31185,1.32518, ADP,1985-01-29,1.32518,1.35801,1.31817,1.35801, ADP,1985-01-30,1.37124,1.41126,1.37124,1.37833, ADP,1985-01-31,1.37833,1.39115,1.36492,1.36492, ADP,1985-02-01,1.35801,1.37124,1.34509,1.36492, ADP,1985-02-04,1.35801,1.37833,1.34509,1.37833, ADP,1985-02-05,1.37833,1.40446,1.37833,1.39786, ADP,1985-02-06,1.39115,1.41126,1.39115,1.39115, ADP,1985-02-07,1.40446,1.40446,1.37833,1.39115, ADP,1985-02-08,1.39115,1.40446,1.37833,1.40446, ADP,1985-02-11,1.40446,1.40446,1.37833,1.37833, ADP,1985-02-12,1.37833,1.39115,1.37124,1.37833, ADP,1985-02-13,1.37833,1.41787,1.37124,1.41126, ADP,1985-02-14,1.42468,1.42468,1.39115,1.39115, ADP,1985-02-15,1.40446,1.40446,1.37833,1.39115, ADP,1985-02-19,1.39786,1.42468,1.39115,1.41126, ADP,1985-02-20,1.40446,1.4309,1.40446,1.42468, ADP,1985-02-21,1.41126,1.41126,1.37833,1.37833, ADP,1985-02-22,1.37124,1.39115,1.37124,1.37833, ADP,1985-02-25,1.37124,1.37124,1.33159,1.35801, ADP,1985-02-26,1.3516,1.39786,1.3516,1.39115, ADP,1985-02-27,1.39786,1.39786,1.39115,1.39115, ADP,1985-02-28,1.39115,1.39786,1.39115,1.39115, ADP,1985-03-01,1.39786,1.41126,1.39115,1.39786, ADP,1985-03-04,1.39786,1.40446,1.39115,1.39115, ADP,1985-03-05,1.39786,1.39786,1.39115,1.39115, ADP,1985-03-06,1.39786,1.40446,1.35801,1.35801, ADP,1985-03-07,1.34509,1.34509,1.31185,1.32518, ADP,1985-03-08,1.32518,1.32518,1.31185,1.32518, ADP,1985-03-11,1.32518,1.32518,1.31185,1.32518, ADP,1985-03-12,1.32518,1.33159,1.31817,1.32518, ADP,1985-03-13,1.32518,1.33159,1.31185,1.31185, ADP,1985-03-14,1.31185,1.33159,1.30525,1.30525, ADP,1985-03-15,1.31185,1.33159,1.31185,1.31185, ADP,1985-03-18,1.31185,1.33159,1.31185,1.31185, ADP,1985-03-19,1.31185,1.32518,1.30525,1.31817, ADP,1985-03-20,1.31817,1.31817,1.29194,1.29194, ADP,1985-03-21,1.30525,1.32518,1.29845,1.32518, ADP,1985-03-22,1.33159,1.33159,1.31185,1.31817, ADP,1985-03-25,1.31817,1.32518,1.31817,1.31817, ADP,1985-03-26,1.32518,1.33159,1.31185,1.32518, ADP,1985-03-27,1.32518,1.3516,1.32518,1.34509, ADP,1985-03-28,1.34509,1.3516,1.31817,1.32518, ADP,1985-03-29,1.33159,1.34509,1.31817,1.34509, ADP,1985-04-01,1.34509,1.37124,1.34509,1.37124, ADP,1985-04-02,1.37124,1.37833,1.37124,1.37124, ADP,1985-04-03,1.37833,1.37833,1.37124,1.37833, ADP,1985-04-04,1.39115,1.39115,1.37124,1.37124, ADP,1985-04-08,1.37833,1.39115,1.37124,1.37124, ADP,1985-04-09,1.37833,1.37833,1.3516,1.35801, ADP,1985-04-10,1.35801,1.36492,1.3516,1.36492, ADP,1985-04-11,1.37124,1.37124,1.34509,1.34509, ADP,1985-04-12,1.3516,1.37124,1.34509,1.36492, ADP,1985-04-15,1.37124,1.37124,1.35801,1.36492, ADP,1985-04-16,1.35801,1.36492,1.3516,1.35801, ADP,1985-04-17,1.36492,1.36492,1.3516,1.36492, ADP,1985-04-18,1.36492,1.37124,1.33159,1.33159, ADP,1985-04-19,1.3381,1.34509,1.31185,1.31185, ADP,1985-04-22,1.32518,1.32518,1.31817,1.32518, ADP,1985-04-23,1.32518,1.33159,1.31817,1.33159, ADP,1985-04-24,1.3381,1.34509,1.32518,1.32518, ADP,1985-04-25,1.33159,1.33159,1.31817,1.32518, ADP,1985-04-26,1.32518,1.32518,1.30525,1.31817, ADP,1985-04-29,1.31817,1.31817,1.28543,1.29194, ADP,1985-04-30,1.29194,1.30525,1.28543,1.29845, ADP,1985-05-01,1.30525,1.31817,1.29845,1.30525, ADP,1985-05-02,1.31185,1.33159,1.30525,1.32518, ADP,1985-05-03,1.3381,1.37124,1.3381,1.3381, ADP,1985-05-06,1.3381,1.34509,1.3381,1.34509, ADP,1985-05-07,1.3381,1.35801,1.3381,1.3516, ADP,1985-05-08,1.3516,1.3516,1.3381,1.3381, ADP,1985-05-09,1.3516,1.3516,1.33159,1.33159, ADP,1985-05-10,1.35801,1.40446,1.3516,1.39115, ADP,1985-05-13,1.39115,1.39115,1.39115,1.39115, ADP,1985-05-14,1.39115,1.40446,1.38464,1.39115, ADP,1985-05-15,1.39115,1.40446,1.39115,1.39786, ADP,1985-05-16,1.40446,1.40446,1.39115,1.39115, ADP,1985-05-17,1.39115,1.41787,1.39115,1.41126, ADP,1985-05-20,1.42468,1.4309,1.41787,1.4309, ADP,1985-05-21,1.4309,1.4378,1.42468,1.4309, ADP,1985-05-22,1.4378,1.4378,1.42468,1.4378, ADP,1985-05-23,1.4378,1.44431,1.4309,1.4309, ADP,1985-05-24,1.4309,1.4378,1.4309,1.4309, ADP,1985-05-28,1.4309,1.4309,1.41787,1.4309, ADP,1985-05-29,1.41787,1.4309,1.41787,1.4309, ADP,1985-05-30,1.4309,1.4378,1.41787,1.4378, ADP,1985-05-31,1.4378,1.45732,1.4309,1.44431, ADP,1985-06-03,1.44431,1.45101,1.4309,1.4309, ADP,1985-06-04,1.4378,1.4378,1.4309,1.4378, ADP,1985-06-05,1.4378,1.45732,1.4378,1.45732, ADP,1985-06-06,1.45732,1.47083,1.45101,1.47083, ADP,1985-06-07,1.49086,1.49086,1.48416,1.48416, ADP,1985-06-10,1.49086,1.50377,1.49086,1.49086, ADP,1985-06-11,1.51078,1.5238,1.49086,1.51078, ADP,1985-06-12,1.51078,1.51699,1.49736,1.51078, ADP,1985-06-13,1.49086,1.49736,1.47735,1.47735, ADP,1985-06-14,1.47083,1.49736,1.47083,1.49736, ADP,1985-06-17,1.51078,1.51078,1.49086,1.49736, ADP,1985-06-18,1.49086,1.51078,1.49086,1.49086, ADP,1985-06-19,1.49736,1.51078,1.49086,1.51078, ADP,1985-06-20,1.51078,1.51078,1.49086,1.49736, ADP,1985-06-21,1.51078,1.5303,1.50377,1.5303, ADP,1985-06-24,1.5303,1.57675,1.51699,1.55684, ADP,1985-06-25,1.56363,1.60338,1.56363,1.57675, ADP,1985-06-26,1.60338,1.64964,1.60338,1.64964, ADP,1985-06-27,1.64964,1.67597,1.62981,1.66966, ADP,1985-06-28,1.7027,1.7027,1.65644,1.66255, ADP,1985-07-01,1.66255,1.66255,1.64964,1.66255, ADP,1985-07-02,1.66255,1.66255,1.62981,1.62981, ADP,1985-07-03,1.62981,1.64313,1.60338,1.6232, ADP,1985-07-05,1.62981,1.64313,1.60338,1.6232, ADP,1985-07-08,1.6165,1.62981,1.60338,1.60338, ADP,1985-07-09,1.60338,1.60338,1.57675,1.59017, ADP,1985-07-10,1.59017,1.62981,1.59017,1.6165, ADP,1985-07-11,1.6165,1.6232,1.60338,1.6165, ADP,1985-07-12,1.6165,1.6165,1.60338,1.60338, ADP,1985-07-15,1.60338,1.62981,1.60338,1.6165, ADP,1985-07-16,1.6165,1.6232,1.60989,1.6165, ADP,1985-07-17,1.62981,1.64313,1.62981,1.63652, ADP,1985-07-18,1.62981,1.64964,1.62981,1.62981, ADP,1985-07-19,1.6232,1.64313,1.6232,1.64313, ADP,1985-07-22,1.62981,1.63652,1.62981,1.62981, ADP,1985-07-23,1.62981,1.64313,1.6232,1.62981, ADP,1985-07-24,1.64313,1.64313,1.60338,1.60338, ADP,1985-07-25,1.60338,1.60338,1.57675,1.60338, ADP,1985-07-26,1.60338,1.6165,1.59017,1.6165, ADP,1985-07-29,1.62981,1.62981,1.60338,1.60338, ADP,1985-07-30,1.60338,1.60338,1.57024,1.59017, ADP,1985-07-31,1.59017,1.60338,1.57675,1.60338, ADP,1985-08-01,1.60338,1.60338,1.59678,1.60338, ADP,1985-08-02,1.60338,1.60338,1.59678,1.60338, ADP,1985-08-05,1.60338,1.60338,1.57675,1.59017, ADP,1985-08-06,1.58346,1.58346,1.56363,1.56363, ADP,1985-08-07,1.55023,1.56363,1.55023,1.55023, ADP,1985-08-08,1.54352,1.56363,1.54352,1.56363, ADP,1985-08-09,1.55023,1.55023,1.55023,1.55023, ADP,1985-08-12,1.55023,1.55023,1.5303,1.53681, ADP,1985-08-13,1.53681,1.53681,1.51699,1.5238, ADP,1985-08-14,1.51078,1.5238,1.51078,1.51699, ADP,1985-08-15,1.5238,1.5303,1.51699,1.5303, ADP,1985-08-16,1.5238,1.5303,1.51699,1.51699, ADP,1985-08-19,1.5238,1.5303,1.51699,1.5238, ADP,1985-08-20,1.5238,1.56363,1.5238,1.55023, ADP,1985-08-21,1.56363,1.57675,1.55684,1.57675, ADP,1985-08-22,1.58346,1.58346,1.55023,1.55023, ADP,1985-08-23,1.55023,1.57675,1.55023,1.57024, ADP,1985-08-26,1.57675,1.59017,1.56363,1.59017, ADP,1985-08-27,1.59678,1.60338,1.59017,1.60338, ADP,1985-08-28,1.60338,1.60989,1.59678,1.60989, ADP,1985-08-29,1.6165,1.62981,1.6165,1.6165, ADP,1985-08-30,1.6165,1.6165,1.60338,1.60338, ADP,1985-09-03,1.60989,1.6232,1.60338,1.6165, ADP,1985-09-04,1.60989,1.6165,1.60338,1.60338, ADP,1985-09-05,1.60989,1.60989,1.59017,1.59017, ADP,1985-09-06,1.60338,1.60338,1.59017,1.59678, ADP,1985-09-09,1.60338,1.60338,1.59678,1.60338, ADP,1985-09-10,1.60338,1.60338,1.57024,1.57675, ADP,1985-09-11,1.56363,1.56363,1.55023,1.55023, ADP,1985-09-12,1.53681,1.55023,1.53681,1.53681, ADP,1985-09-13,1.53681,1.55023,1.5303,1.55023, ADP,1985-09-16,1.55023,1.55684,1.55023,1.55684, ADP,1985-09-17,1.55684,1.57024,1.55023,1.56363, ADP,1985-09-18,1.56363,1.60338,1.55023,1.60338, ADP,1985-09-19,1.60338,1.62981,1.59017,1.6232, ADP,1985-09-20,1.6232,1.64964,1.60338,1.60338, ADP,1985-09-23,1.6232,1.63652,1.6232,1.63652, ADP,1985-09-24,1.62981,1.63652,1.60338,1.60989, ADP,1985-09-25,1.60338,1.60338,1.59017,1.59017, ADP,1985-09-26,1.57675,1.58346,1.55023,1.55684, ADP,1985-09-30,1.57024,1.57675,1.54352,1.55023, ADP,1985-10-01,1.55023,1.55684,1.53681,1.55684, ADP,1985-10-02,1.55684,1.57024,1.55023,1.57024, ADP,1985-10-03,1.57024,1.58346,1.55684,1.57024, ADP,1985-10-04,1.55684,1.55684,1.53681,1.54352, ADP,1985-10-07,1.54352,1.54352,1.49736,1.49736, ADP,1985-10-08,1.49086,1.49736,1.48416,1.49736, ADP,1985-10-09,1.49736,1.51699,1.49086,1.51078, ADP,1985-10-10,1.5238,1.5238,1.50377,1.51078, ADP,1985-10-11,1.5238,1.55023,1.51078,1.55023, ADP,1985-10-14,1.55684,1.57024,1.55684,1.57024, ADP,1985-10-15,1.58346,1.59678,1.56363,1.59017, ADP,1985-10-16,1.60338,1.60989,1.59017,1.60338, ADP,1985-10-17,1.60338,1.60338,1.57675,1.59017, ADP,1985-10-18,1.59017,1.60338,1.59017,1.60338, ADP,1985-10-21,1.60338,1.62981,1.60338,1.6232, ADP,1985-10-22,1.60989,1.64964,1.60989,1.63652, ADP,1985-10-23,1.64964,1.66255,1.64964,1.66255, ADP,1985-10-24,1.65644,1.66966,1.64964,1.66255, ADP,1985-10-25,1.66966,1.66966,1.65644,1.66255, ADP,1985-10-28,1.66255,1.66966,1.66255,1.66255, ADP,1985-10-29,1.66966,1.68287,1.66255,1.66966, ADP,1985-10-30,1.67597,1.67597,1.66255,1.66966, ADP,1985-10-31,1.66966,1.7027,1.66966,1.7027, ADP,1985-11-01,1.7027,1.7161,1.67597,1.7161, ADP,1985-11-04,1.7161,1.72271,1.7027,1.72271, ADP,1985-11-05,1.72271,1.75555,1.72271,1.73563, ADP,1985-11-06,1.74905,1.74905,1.70901,1.7161, ADP,1985-11-07,1.7161,1.72271,1.69599,1.72271, ADP,1985-11-08,1.72902,1.74905,1.7161,1.74905, ADP,1985-11-11,1.74905,1.76907,1.73563,1.76907, ADP,1985-11-12,1.76907,1.77528,1.74905,1.76236, ADP,1985-11-13,1.74905,1.74905,1.72271,1.73563, ADP,1985-11-14,1.72271,1.73563,1.72271,1.73563, ADP,1985-11-15,1.72902,1.72902,1.72271,1.72902, ADP,1985-11-18,1.72271,1.73563,1.70901,1.73563, ADP,1985-11-19,1.73563,1.74905,1.73563,1.74905, ADP,1985-11-20,1.74284,1.74284,1.72271,1.73563, ADP,1985-11-21,1.73563,1.76236,1.72271,1.76236, ADP,1985-11-22,1.75555,1.76907,1.73563,1.76236, ADP,1985-11-25,1.76236,1.76907,1.75555,1.76907, ADP,1985-11-26,1.76907,1.78208,1.76236,1.77528, ADP,1985-11-27,1.77528,1.80882,1.77528,1.80191, ADP,1985-11-29,1.80882,1.80882,1.78208,1.79559, ADP,1985-12-02,1.78888,1.80191,1.77528,1.78208, ADP,1985-12-03,1.78208,1.78208,1.77528,1.78208, ADP,1985-12-04,1.78208,1.82853,1.78208,1.82853, ADP,1985-12-05,1.83524,1.87479,1.82853,1.83524, ADP,1985-12-06,1.82853,1.82853,1.79559,1.80191, ADP,1985-12-09,1.79559,1.82183,1.79559,1.81542, ADP,1985-12-10,1.80882,1.82183,1.80882,1.80882, ADP,1985-12-11,1.79559,1.82183,1.79559,1.80191, ADP,1985-12-12,1.79559,1.81542,1.76907,1.80882, ADP,1985-12-13,1.80882,1.84135,1.80882,1.83524, ADP,1985-12-16,1.82183,1.86148,1.80882,1.85507, ADP,1985-12-17,1.86868,1.86868,1.84135,1.85507, ADP,1985-12-18,1.84865,1.85507,1.84135,1.84865, ADP,1985-12-19,1.84135,1.86148,1.83524,1.84865, ADP,1985-12-20,1.82183,1.83524,1.80882,1.83524, ADP,1985-12-23,1.83524,1.84135,1.82183,1.82853, ADP,1985-12-24,1.82183,1.82183,1.79559,1.80882, ADP,1985-12-26,1.80882,1.83524,1.80882,1.83524, ADP,1985-12-27,1.82183,1.84135,1.82183,1.82853, ADP,1985-12-30,1.82853,1.84135,1.82183,1.84135, ADP,1985-12-31,1.85507,1.86868,1.84135,1.84135, ADP,1986-01-02,1.84135,1.84135,1.82183,1.82853, ADP,1986-01-03,1.83524,1.85507,1.83524,1.84135, ADP,1986-01-06,1.84135,1.84135,1.82183,1.83524, ADP,1986-01-07,1.83524,1.84135,1.81542,1.84135, ADP,1986-01-08,1.84135,1.86868,1.83524,1.84135, ADP,1986-01-09,1.84135,1.84135,1.78888,1.80882, ADP,1986-01-10,1.80882,1.80882,1.78208,1.78888, ADP,1986-01-13,1.78208,1.78208,1.75555,1.75555, ADP,1986-01-14,1.75555,1.76907,1.75555,1.76907, ADP,1986-01-15,1.77528,1.84135,1.76907,1.84135, ADP,1986-01-16,1.86148,1.89481,1.84135,1.8882, ADP,1986-01-17,1.89481,1.90151,1.86148,1.90151, ADP,1986-01-20,1.90151,1.90151,1.88169,1.8882, ADP,1986-01-21,1.8882,1.90151,1.88169,1.89481, ADP,1986-01-22,1.89481,1.90151,1.88169,1.88169, ADP,1986-01-23,1.8882,1.89481,1.88169,1.89481, ADP,1986-01-24,1.89481,1.90783,1.8882,1.90783, ADP,1986-01-27,1.90151,1.90783,1.89481,1.90151, ADP,1986-01-28,1.90783,1.94135,1.90151,1.93436, ADP,1986-01-29,1.94796,1.95427,1.92805,1.92805, ADP,1986-01-30,1.91463,1.93436,1.89481,1.90783, ADP,1986-01-31,1.91463,1.95427,1.91463,1.94796, ADP,1986-02-03,1.94796,1.95427,1.94135,1.94135, ADP,1986-02-04,1.93436,1.94796,1.93436,1.93436, ADP,1986-02-05,1.94135,1.94135,1.91463,1.93436, ADP,1986-02-06,1.93436,1.9808,1.93436,1.9808, ADP,1986-02-07,1.98771,2.04047,1.9808,2.01423, ADP,1986-02-10,2.00763,2.02736,1.98771,2.01423, ADP,1986-02-11,2.00763,2.01423,2.00763,2.01423, ADP,1986-02-12,2.00763,2.01423,2.00102,2.01423, ADP,1986-02-13,2.01423,2.02065,1.99422,2.01423, ADP,1986-02-14,2.03377,2.05379,2.02065,2.05379, ADP,1986-02-18,2.05379,2.10664,2.05379,2.09343, ADP,1986-02-19,2.09343,2.11335,2.07361,2.07361, ADP,1986-02-20,2.06749,2.07361,2.03377,2.07361, ADP,1986-02-21,2.07361,2.09343,2.06749,2.08022, ADP,1986-02-24,2.08732,2.08732,2.04047,2.04047, ADP,1986-02-25,2.05379,2.05379,2.02736,2.03377, ADP,1986-02-26,2.04047,2.04718,2.03377,2.04047, ADP,1986-02-27,2.04718,2.06749,2.03377,2.06749, ADP,1986-02-28,2.06749,2.11335,2.04047,2.10664, ADP,1986-03-03,2.10664,2.11335,2.07361,2.08732, ADP,1986-03-04,2.07361,2.10664,2.07361,2.08732, ADP,1986-03-05,2.08732,2.08732,2.01423,2.05379, ADP,1986-03-06,2.05379,2.07361,2.05379,2.06749, ADP,1986-03-07,2.06749,2.10664,2.0601,2.08022, ADP,1986-03-10,2.08022,2.11335,2.07361,2.10664, ADP,1986-03-11,2.09343,2.1599,2.09343,2.1532, ADP,1986-03-12,2.1532,2.20625,2.13988,2.17943, ADP,1986-03-13,2.17943,2.19284,2.1599,2.19284, ADP,1986-03-14,2.17943,2.21947,2.1665,2.21947, ADP,1986-03-17,2.18644,2.20625,2.17943,2.18644, ADP,1986-03-18,2.17943,2.21256,2.10053,2.14649, ADP,1986-03-19,2.13337,2.14649,2.06749,2.07361, ADP,1986-03-20,2.07361,2.12016,2.07361,2.08732, ADP,1986-03-21,2.10053,2.12016,2.06749,2.06749, ADP,1986-03-24,2.06749,2.10053,2.06749,2.08732, ADP,1986-03-25,2.09343,2.12648,2.07361,2.12648, ADP,1986-03-26,2.12648,2.1599,2.12648,2.1532, ADP,1986-03-27,2.17331,2.20625,2.14649,2.18644, ADP,1986-03-31,2.19284,2.20625,2.17943,2.19284, ADP,1986-04-01,2.19284,2.19284,2.13988,2.1599, ADP,1986-04-02,2.1532,2.1532,2.12648,2.13988, ADP,1986-04-03,2.14649,2.1532,2.05379,2.06749, ADP,1986-04-04,2.07361,2.07361,1.99422,2.00763, ADP,1986-04-07,1.99422,2.01423,1.98771,2.00763, ADP,1986-04-08,2.02065,2.08732,2.02065,2.08732, ADP,1986-04-09,2.12016,2.13988,2.07361,2.08732, ADP,1986-04-10,2.08022,2.11335,2.08022,2.10053, ADP,1986-04-11,2.11335,2.13337,2.10053,2.12648, ADP,1986-04-14,2.13337,2.1665,2.12648,2.1599, ADP,1986-04-15,2.1532,2.17943,2.14649,2.17943, ADP,1986-04-16,2.19284,2.21947,2.17943,2.19935, ADP,1986-04-17,2.22597,2.2459,2.21947,2.2459, ADP,1986-04-18,2.2459,2.2526,2.21947,2.2526, ADP,1986-04-21,2.2526,2.25921,2.23269,2.2459, ADP,1986-04-22,2.25921,2.25921,2.19935,2.21256, ADP,1986-04-23,2.19935,2.21256,2.1665,2.17943, ADP,1986-04-24,2.17331,2.18644,2.1665,2.17331, ADP,1986-04-25,2.17331,2.17331,2.1599,2.17331, ADP,1986-04-28,2.17331,2.19284,2.1599,2.1665, ADP,1986-04-29,2.1599,2.17331,2.1599,2.17331, ADP,1986-04-30,2.1665,2.1665,2.12648,2.13337, ADP,1986-05-01,2.13337,2.13337,2.10053,2.12016, ADP,1986-05-02,2.12648,2.14649,2.12648,2.13988, ADP,1986-05-05,2.13337,2.21256,2.13337,2.21256, ADP,1986-05-06,2.21256,2.21947,2.19284,2.19284, ADP,1986-05-07,2.19935,2.21256,2.17331,2.21256, ADP,1986-05-08,2.21256,2.2526,2.19284,2.2459, ADP,1986-05-09,2.2394,2.2459,2.19935,2.2459, ADP,1986-05-12,2.2459,2.2459,2.19935,2.21947, ADP,1986-05-13,2.21947,2.22597,2.19284,2.19284, ADP,1986-05-14,2.18644,2.19935,2.17331,2.19935, ADP,1986-05-15,2.19935,2.19935,2.17943,2.19284, ADP,1986-05-16,2.19284,2.21947,2.19284,2.21256, ADP,1986-05-19,2.21947,2.21947,2.19284,2.19935, ADP,1986-05-20,2.19935,2.21947,2.19284,2.20625, ADP,1986-05-21,2.19935,2.19935,2.17943,2.19284, ADP,1986-05-22,2.20625,2.28555,2.20625,2.28555, ADP,1986-05-23,2.29235,2.30557,2.27243,2.29936, ADP,1986-05-27,2.30557,2.39827,2.29936,2.39827, ADP,1986-05-28,2.39175,2.4316,2.39175,2.40478, ADP,1986-05-29,2.39827,2.39827,2.33209,2.34532, ADP,1986-05-30,2.33871,2.34532,2.30557,2.31208, ADP,1986-06-02,2.30557,2.30557,2.29235,2.29936, ADP,1986-06-03,2.29936,2.29936,2.27923,2.28555, ADP,1986-06-04,2.29235,2.29235,2.26572,2.29235, ADP,1986-06-05,2.28555,2.29936,2.27243,2.27243, ADP,1986-06-06,2.28555,2.30557,2.28555,2.30557, ADP,1986-06-09,2.22597,2.31887,2.21947,2.22597, ADP,1986-06-10,2.19284,2.21256,2.07361,2.17943, ADP,1986-06-11,2.19284,2.25921,2.19284,2.25921, ADP,1986-06-12,2.27243,2.27243,2.22597,2.2459, ADP,1986-06-13,2.31208,2.31208,2.27243,2.31208, ADP,1986-06-16,2.34532,2.34532,2.23269,2.23269, ADP,1986-06-17,2.23269,2.26572,2.19935,2.20625, ADP,1986-06-18,2.19935,2.20625,2.1532,2.18644, ADP,1986-06-19,2.17943,2.21947,2.17943,2.18644, ADP,1986-06-20,2.19284,2.19935,2.14649,2.19284, ADP,1986-06-23,2.19284,2.22597,2.1599,2.17943, ADP,1986-06-24,2.17943,2.21947,2.17331,2.19284, ADP,1986-06-25,2.19935,2.27923,2.19935,2.23269, ADP,1986-06-26,2.2526,2.26572,2.18644,2.19935, ADP,1986-06-27,2.19935,2.21947,2.1599,2.20625, ADP,1986-06-30,2.20625,2.23269,2.1532,2.22597, ADP,1986-07-01,2.22597,2.23269,2.20625,2.22597, ADP,1986-07-02,2.2526,2.31887,2.23269,2.2526, ADP,1986-07-03,2.26572,2.29936,2.23269,2.27243, ADP,1986-07-07,2.2526,2.2526,2.17943,2.18644, ADP,1986-07-08,2.13988,2.14649,2.07361,2.12648, ADP,1986-07-09,2.13988,2.13988,2.12648,2.13988, ADP,1986-07-10,2.13988,2.13988,2.00102,2.10053, ADP,1986-07-11,2.12648,2.12648,2.0601,2.07361, ADP,1986-07-14,2.0601,2.0601,2.00102,2.00763, ADP,1986-07-15,2.00763,2.01423,1.93436,1.95427, ADP,1986-07-16,1.96108,2.00763,1.95427,1.95427, ADP,1986-07-17,1.96108,2.00102,1.95427,1.9808, ADP,1986-07-18,1.9808,1.98771,1.92805,1.95427, ADP,1986-07-21,1.95427,1.96108,1.92144,1.95427, ADP,1986-07-22,1.94135,2.04718,1.93436,2.04718, ADP,1986-07-23,2.04718,2.10053,2.04718,2.10053, ADP,1986-07-24,2.09343,2.10053,2.08022,2.09343, ADP,1986-07-25,2.07361,2.07361,2.01423,2.02736, ADP,1986-07-28,2.02736,2.02736,1.95427,1.9808, ADP,1986-07-29,1.96108,1.9741,1.94135,1.95427, ADP,1986-07-30,1.95427,2.01423,1.92144,1.96108, ADP,1986-07-31,1.98771,2.02736,1.95427,2.02736, ADP,1986-08-01,2.00102,2.0601,1.95427,2.01423, ADP,1986-08-04,2.00102,2.00102,1.92805,1.95427, ADP,1986-08-05,1.95427,1.95427,1.87479,1.8882, ADP,1986-08-06,1.8882,1.94135,1.87479,1.87479, ADP,1986-08-07,1.8882,1.93436,1.82853,1.93436, ADP,1986-08-08,1.95427,2.00102,1.93436,1.93436, ADP,1986-08-11,1.93436,1.98771,1.93436,1.9741, ADP,1986-08-12,1.9808,2.05379,1.9808,2.05379, ADP,1986-08-13,2.05379,2.13988,2.01423,2.09343, ADP,1986-08-14,2.07361,2.12648,2.07361,2.10664, ADP,1986-08-15,2.10664,2.12648,2.07361,2.12648, ADP,1986-08-18,2.12648,2.12648,2.07361,2.07361, ADP,1986-08-19,2.09343,2.09343,2.01423,2.02065, ADP,1986-08-20,2.01423,2.12648,2.00102,2.10664, ADP,1986-08-21,2.07361,2.12648,2.04718,2.12648, ADP,1986-08-22,2.1532,2.19284,2.1532,2.17331, ADP,1986-08-25,2.17943,2.17943,2.13988,2.17331, ADP,1986-08-26,2.17331,2.29936,2.17331,2.29235, ADP,1986-08-27,2.29235,2.39175,2.29235,2.36523, ADP,1986-08-28,2.34532,2.37184,2.29936,2.31208, ADP,1986-08-29,2.32538,2.36523,2.31887,2.35202, ADP,1986-09-02,2.31208,2.36523,2.2526,2.29235, ADP,1986-09-03,2.27243,2.31208,2.2526,2.31208, ADP,1986-09-04,2.29235,2.36523,2.26572,2.34532, ADP,1986-09-05,2.31887,2.35202,2.2526,2.26572, ADP,1986-09-08,2.2459,2.27923,2.19935,2.21947, ADP,1986-09-09,2.21947,2.26572,2.1532,2.1532, ADP,1986-09-10,2.17331,2.18644,2.13988,2.13988, ADP,1986-09-11,2.12016,2.12016,2.00102,2.01423, ADP,1986-09-12,1.95427,2.01423,1.87479,1.96108, ADP,1986-09-15,1.9677,2.00763,1.92144,1.9677, ADP,1986-09-16,1.95427,1.98771,1.92144,1.98771, ADP,1986-09-17,1.98771,2.00763,1.92144,1.92144, ADP,1986-09-18,1.94135,1.96108,1.92144,1.94135, ADP,1986-09-19,1.90783,1.9677,1.90783,1.92144, ADP,1986-09-22,1.94135,2.07361,1.94135,2.06749, ADP,1986-09-23,2.08022,2.11335,2.06749,2.10053, ADP,1986-09-24,2.08022,2.14649,2.08022,2.13337, ADP,1986-09-25,2.10053,2.10053,2.03377,2.05379, ADP,1986-09-26,2.0601,2.10053,2.03377,2.08022, ADP,1986-09-29,2.01423,2.03377,2.00763,2.02736, ADP,1986-09-30,2.03377,2.05379,1.98771,2.00763, ADP,1986-10-01,2.03377,2.06749,2.00763,2.05379, ADP,1986-10-02,2.05379,2.12648,2.05379,2.10053, ADP,1986-10-03,2.13337,2.14649,2.05379,2.0601, ADP,1986-10-06,2.05379,2.06749,2.05379,2.0601, ADP,1986-10-07,2.0601,2.13337,2.05379,2.11335, ADP,1986-10-08,2.13337,2.20625,2.12648,2.19284, ADP,1986-10-09,2.20625,2.2459,2.1599,2.18644, ADP,1986-10-10,2.17331,2.19284,2.14649,2.1599, ADP,1986-10-13,2.13337,2.1599,2.13337,2.1599, ADP,1986-10-14,2.17331,2.18644,2.1599,2.18644, ADP,1986-10-15,2.20625,2.31887,2.18644,2.30557, ADP,1986-10-16,2.28555,2.32538,2.27243,2.28555, ADP,1986-10-17,2.27923,2.29936,2.26572,2.27243, ADP,1986-10-20,2.26572,2.27243,2.22597,2.2526, ADP,1986-10-21,2.26572,2.28555,2.20625,2.27243, ADP,1986-10-22,2.28555,2.34532,2.27243,2.31887, ADP,1986-10-23,2.31887,2.37184,2.30557,2.35202, ADP,1986-10-24,2.35852,2.35852,2.29936,2.31887, ADP,1986-10-27,2.30557,2.35202,2.29936,2.33209, ADP,1986-10-28,2.35202,2.35202,2.31887,2.32538, ADP,1986-10-29,2.32538,2.34532,2.30557,2.32538, ADP,1986-10-30,2.35202,2.39175,2.31887,2.37835, ADP,1986-10-31,2.36523,2.37835,2.33209,2.35852, ADP,1986-11-03,2.35202,2.35852,2.31887,2.35202, ADP,1986-11-04,2.35202,2.35852,2.33209,2.35852, ADP,1986-11-05,2.34532,2.35852,2.31887,2.32538, ADP,1986-11-06,2.32538,2.33209,2.27923,2.32538, ADP,1986-11-07,2.30557,2.35202,2.28555,2.35202, ADP,1986-11-10,2.36523,2.37184,2.35202,2.35202, ADP,1986-11-11,2.33209,2.36523,2.33209,2.35852, ADP,1986-11-12,2.34532,2.37184,2.34532,2.34532, ADP,1986-11-13,2.30557,2.30557,2.2459,2.2526, ADP,1986-11-14,2.26572,2.27243,2.22597,2.2526, ADP,1986-11-17,2.2526,2.26572,2.19935,2.26572, ADP,1986-11-18,2.2526,2.2526,2.14649,2.14649, ADP,1986-11-19,2.1599,2.17331,2.11335,2.1599, ADP,1986-11-20,2.1599,2.26572,2.1599,2.26572, ADP,1986-11-21,2.26572,2.33209,2.22597,2.32538, ADP,1986-11-24,2.32538,2.37835,2.31887,2.31887, ADP,1986-11-25,2.31887,2.31887,2.20625,2.28555, ADP,1986-11-26,2.29936,2.32538,2.2526,2.31887, ADP,1986-11-28,2.29936,2.29936,2.27243,2.27243, ADP,1986-12-01,2.28555,2.29936,2.2459,2.29936, ADP,1986-12-02,2.30557,2.32538,2.27243,2.30557, ADP,1986-12-03,2.30557,2.32538,2.29936,2.30557, ADP,1986-12-04,2.30557,2.35202,2.30557,2.34532, ADP,1986-12-05,2.34532,2.35202,2.28555,2.28555, ADP,1986-12-08,2.29936,2.32538,2.27243,2.29936, ADP,1986-12-09,2.28555,2.31887,2.27923,2.28555, ADP,1986-12-10,2.27923,2.31887,2.2459,2.2459, ADP,1986-12-11,2.27923,2.28555,2.21256,2.27923, ADP,1986-12-12,2.27923,2.27923,2.25921,2.27243, ADP,1986-12-15,2.2394,2.25921,2.22597,2.25921, ADP,1986-12-16,2.27243,2.27243,2.2394,2.27243, ADP,1986-12-17,2.2526,2.25921,2.22597,2.25921, ADP,1986-12-18,2.2526,2.25921,2.19284,2.19284, ADP,1986-12-19,2.20625,2.27923,2.19935,2.27923, ADP,1986-12-22,2.25921,2.27923,2.2526,2.27923, ADP,1986-12-23,2.27923,2.27923,2.18644,2.21256, ADP,1986-12-24,2.23269,2.25921,2.22597,2.22597, ADP,1986-12-26,2.2394,2.25921,2.21256,2.2394, ADP,1986-12-29,2.2526,2.28555,2.23269,2.27243, ADP,1986-12-30,2.27243,2.27923,2.2526,2.2526, ADP,1986-12-31,2.2526,2.2526,2.22597,2.23269, ADP,1987-01-02,2.2526,2.27243,2.2526,2.2526, ADP,1987-01-05,2.27923,2.33871,2.27923,2.31208, ADP,1987-01-06,2.35852,2.40478,2.33871,2.38515, ADP,1987-01-07,2.38515,2.5175,2.38515,2.48416, ADP,1987-01-08,2.5175,2.56396,2.48416,2.56396, ADP,1987-01-09,2.56396,2.66987,2.54432,2.65637, ADP,1987-01-12,2.65637,2.75636,2.65637,2.68329, ADP,1987-01-13,2.69,2.71623,2.63683,2.64354, ADP,1987-01-14,2.63683,2.69,2.62342,2.68329, ADP,1987-01-15,2.66987,2.73624,2.64985,2.73624, ADP,1987-01-16,2.71623,2.75636,2.64354,2.71623, ADP,1987-01-19,2.71001,2.8754,2.66346,2.86198, ADP,1987-01-20,2.88182,2.89532,2.81583,2.83576, ADP,1987-01-21,2.82895,2.90193,2.81583,2.86198, ADP,1987-01-22,2.83576,2.92826,2.83576,2.90814, ADP,1987-01-23,2.93497,2.95449,2.69,2.76919, ADP,1987-01-26,2.74285,2.76919,2.71001,2.73624, ADP,1987-01-27,2.82215,2.90814,2.71623,2.82215, ADP,1987-01-28,2.86879,2.88182,2.7892,2.80912, ADP,1987-01-29,2.82215,2.83576,2.76919,2.79611, ADP,1987-01-30,2.7892,2.82215,2.76277,2.82215, ADP,1987-02-02,2.80912,2.84227,2.7892,2.81583, ADP,1987-02-03,2.83576,2.84227,2.76919,2.7892, ADP,1987-02-04,2.7825,2.83576,2.74916,2.83576, ADP,1987-02-05,2.85567,2.86879,2.80912,2.83576, ADP,1987-02-06,2.83576,2.83576,2.74916,2.76919, ADP,1987-02-09,2.76277,2.76277,2.71623,2.74285, ADP,1987-02-10,2.74285,2.74285,2.67648,2.71623, ADP,1987-02-11,2.73624,2.74285,2.69,2.72294, ADP,1987-02-12,2.74285,2.74916,2.63013,2.63013, ADP,1987-02-13,2.63013,2.7825,2.63013,2.74285, ADP,1987-02-17,2.77609,2.83576,2.76919,2.83576, ADP,1987-02-18,2.90193,2.90814,2.85567,2.88182, ADP,1987-02-19,2.91505,2.91505,2.83576,2.86879, ADP,1987-02-20,2.86879,2.89532,2.83576,2.89532, ADP,1987-02-23,2.86198,2.88881,2.82215,2.86879, ADP,1987-02-24,2.86879,2.88182,2.79611,2.85567, ADP,1987-02-25,2.85567,2.85567,2.82215,2.84227, ADP,1987-02-26,2.85567,2.85567,2.7892,2.81583, ADP,1987-02-27,2.82215,2.83576,2.72294,2.77609, ADP,1987-03-02,2.77609,2.79611,2.74285,2.76919, ADP,1987-03-03,2.74916,2.76919,2.71623,2.74285, ADP,1987-03-04,2.73624,2.7892,2.72294,2.74285, ADP,1987-03-05,2.77609,2.83576,2.76919,2.82215, ADP,1987-03-06,2.82215,2.86879,2.79611,2.84227, ADP,1987-03-09,2.86879,2.86879,2.77609,2.85567, ADP,1987-03-10,2.84227,2.94818,2.84227,2.93497, ADP,1987-03-11,2.93497,2.93497,2.88182,2.89532, ADP,1987-03-12,2.90193,2.90193,2.83576,2.85567, ADP,1987-03-13,2.83576,2.85567,2.82215,2.82215, ADP,1987-03-16,2.7892,2.83576,2.76277,2.83576, ADP,1987-03-17,2.83576,2.89532,2.81583,2.88182, ADP,1987-03-18,2.89532,2.93497,2.86198,2.90193, ADP,1987-03-19,2.89532,3.03437,2.89532,3.02096, ADP,1987-03-20,3.04789,3.07431,3.00765,3.04789, ADP,1987-03-23,3.06111,3.12708,3.054,3.10697, ADP,1987-03-24,3.07431,3.1402,3.06742,3.12708, ADP,1987-03-25,3.12708,3.1402,3.09385,3.10697, ADP,1987-03-26,3.10697,3.147,3.09385,3.12708, ADP,1987-03-27,3.12708,3.2396,3.12057,3.1402, ADP,1987-03-30,2.98823,3.00765,2.93497,2.94818, ADP,1987-03-31,2.97491,3.00134,2.91505,2.94168, ADP,1987-04-01,2.90193,2.94818,2.90193,2.94168, ADP,1987-04-02,3.00134,3.00134,2.91505,2.91505, ADP,1987-04-03,2.95449,3.10697,2.94168,3.07431, ADP,1987-04-06,3.09385,3.17353,3.09385,3.1402, ADP,1987-04-07,3.10697,3.17353,3.10085,3.1402, ADP,1987-04-08,3.12708,3.21998,3.12057,3.17353, ADP,1987-04-09,3.19345,3.20006,3.06111,3.07431, ADP,1987-04-10,3.04789,3.09385,3.04789,3.04789, ADP,1987-04-13,3.04789,3.10085,2.88881,2.88881, ADP,1987-04-14,2.89532,2.90193,2.7825,2.83576, ADP,1987-04-15,2.89532,2.90814,2.83576,2.88881, ADP,1987-04-16,2.91505,3.06111,2.91505,2.98093, ADP,1987-04-20,2.98093,3.00134,2.85567,2.91505, ADP,1987-04-21,2.90193,3.07431,2.88881,3.07431, ADP,1987-04-22,3.08062,3.10697,3.054,3.07431, ADP,1987-04-23,3.06111,3.06111,2.94818,3.00765, ADP,1987-04-24,2.96149,2.96149,2.85567,2.85567, ADP,1987-04-27,2.80912,2.90814,2.73624,2.85567, ADP,1987-04-28,2.85567,2.92826,2.83576,2.91505, ADP,1987-04-29,2.94168,2.98093,2.90193,2.91505, ADP,1987-04-30,2.93497,2.98823,2.91505,2.91505, ADP,1987-05-01,2.91505,2.97491,2.88881,2.92826, ADP,1987-05-04,2.92826,2.98093,2.90814,2.98093, ADP,1987-05-05,2.98093,3.03437,2.98093,3.03437, ADP,1987-05-06,3.02767,3.03437,2.96149,2.98093, ADP,1987-05-07,2.97491,2.97491,2.86879,2.86879, ADP,1987-05-08,2.89532,2.91505,2.83576,2.86198, ADP,1987-05-11,2.86879,2.98093,2.83576,2.83576, ADP,1987-05-12,2.83576,2.88182,2.81583,2.86879, ADP,1987-05-13,2.90193,2.93497,2.85567,2.90814, ADP,1987-05-14,2.95449,2.98093,2.92826,2.96149, ADP,1987-05-15,2.98093,2.98093,2.89532,2.90814, ADP,1987-05-18,2.85567,2.85567,2.7892,2.85567, ADP,1987-05-19,2.85567,2.86198,2.72294,2.72294, ADP,1987-05-20,2.72294,2.74285,2.67648,2.71623, ADP,1987-05-21,2.73624,2.83576,2.73624,2.76277, ADP,1987-05-22,2.79611,2.83576,2.74916,2.81583, ADP,1987-05-26,2.79611,2.90193,2.79611,2.85567, ADP,1987-05-27,2.83576,2.88881,2.83576,2.85567, ADP,1987-05-28,2.86879,2.94818,2.85567,2.92826, ADP,1987-05-29,2.97491,2.97491,2.94168,2.94168, ADP,1987-06-01,2.94168,2.98093,2.94168,2.94818, ADP,1987-06-02,2.94168,2.98093,2.88881,2.90193, ADP,1987-06-03,2.90193,3.00765,2.90193,2.98093, ADP,1987-06-04,2.98093,3.02096,2.94818,3.02096, ADP,1987-06-05,3.02096,3.03437,2.98823,3.00765, ADP,1987-06-08,3.00134,3.07431,2.98093,3.06111, ADP,1987-06-09,3.02767,3.12057,3.02767,3.12057, ADP,1987-06-10,3.12708,3.18674,3.09385,3.10697, ADP,1987-06-11,3.10697,3.12708,3.06742,3.10085, ADP,1987-06-12,3.12708,3.16683,3.10697,3.147, ADP,1987-06-15,3.17984,3.19345,3.147,3.17984, ADP,1987-06-16,3.15992,3.18674,3.15381,3.17353, ADP,1987-06-17,3.17984,3.17984,3.13379,3.15381, ADP,1987-06-18,3.17353,3.17353,3.11366,3.147, ADP,1987-06-19,3.20667,3.22639,3.15992,3.19345, ADP,1987-06-22,3.19345,3.22639,3.15992,3.20006, ADP,1987-06-23,3.18674,3.18674,3.12708,3.17984, ADP,1987-06-24,3.147,3.17353,3.10085,3.11366, ADP,1987-06-25,3.11366,3.15992,3.10697,3.15992, ADP,1987-06-26,3.147,3.147,3.10085,3.12708, ADP,1987-06-29,3.12708,3.12708,3.10085,3.10085, ADP,1987-06-30,3.10697,3.10697,3.01485,3.03437, ADP,1987-07-01,3.01485,3.04098,2.95449,3.01485, ADP,1987-07-02,3.04098,3.08062,2.99454,3.06111, ADP,1987-07-06,3.11366,3.12708,3.01485,3.054, ADP,1987-07-07,3.03437,3.04098,2.98823,3.01485, ADP,1987-07-08,3.00765,3.03437,2.95449,3.00765, ADP,1987-07-09,2.9681,3.00765,2.96149,2.98093, ADP,1987-07-10,2.98093,2.98823,2.90814,2.95449, ADP,1987-07-13,2.92145,2.94168,2.86198,2.93497, ADP,1987-07-14,2.95449,3.04098,2.94818,3.03437, ADP,1987-07-15,3.054,3.11366,3.054,3.08062, ADP,1987-07-16,3.11366,3.11366,3.06111,3.07431, ADP,1987-07-17,3.12708,3.12708,3.054,3.08062, ADP,1987-07-20,3.054,3.054,2.98823,3.01485, ADP,1987-07-21,3.01485,3.01485,2.9681,2.98823, ADP,1987-07-22,2.98093,2.98093,2.94818,2.9681, ADP,1987-07-23,2.98823,2.99454,2.89532,2.92145, ADP,1987-07-24,2.92145,2.95449,2.89532,2.94168, ADP,1987-07-27,2.94818,2.95449,2.92145,2.92145, ADP,1987-07-28,2.92145,3.01485,2.92145,3.01485, ADP,1987-07-29,3.03437,3.03437,3.00765,3.01485, ADP,1987-07-30,3.03437,3.054,2.76919,2.98823, ADP,1987-07-31,2.98823,2.98823,2.95449,2.96149, ADP,1987-08-03,2.9681,2.98823,2.9681,2.98093, ADP,1987-08-04,2.98093,2.98823,2.9681,2.98823, ADP,1987-08-05,2.98823,2.99454,2.98093,2.99454, ADP,1987-08-06,2.99454,3.06742,2.9681,3.06742, ADP,1987-08-07,3.10085,3.12708,3.07431,3.10697, ADP,1987-08-10,3.11366,3.23299,3.10085,3.20667, ADP,1987-08-11,3.23299,3.29936,3.17353,3.2396, ADP,1987-08-12,3.2396,3.26613,3.19345,3.21998, ADP,1987-08-13,3.24631,3.35884,3.19345,3.35884, ADP,1987-08-14,3.33901,3.39858,3.3192,3.34602, ADP,1987-08-17,3.33901,3.35884,3.25283,3.27945, ADP,1987-08-18,3.25283,3.27284,3.18674,3.27284, ADP,1987-08-19,3.27284,3.35253,3.26613,3.35253, ADP,1987-08-20,3.41861,3.43172,3.35884,3.41861, ADP,1987-08-21,3.41861,3.45854,3.39227,3.43172, ADP,1987-08-24,3.41861,3.41861,3.35253,3.39858, ADP,1987-08-25,3.39858,3.46486,3.36565,3.39227, ADP,1987-08-26,3.38527,3.41861,3.3192,3.35253, ADP,1987-08-27,3.38527,3.38527,3.29936,3.3192, ADP,1987-08-28,3.29936,3.35253,3.29276,3.29936, ADP,1987-08-31,3.27284,3.29936,3.2396,3.2396, ADP,1987-09-01,3.25283,3.25283,3.11366,3.17353, ADP,1987-09-02,3.18674,3.18674,3.10697,3.13379, ADP,1987-09-03,3.17984,3.22639,3.15992,3.17984, ADP,1987-09-04,3.20667,3.2396,3.15381,3.17353, ADP,1987-09-08,3.18674,3.20667,3.12708,3.13379, ADP,1987-09-09,3.12708,3.17984,3.10085,3.12708, ADP,1987-09-10,3.15992,3.17984,3.12708,3.17984, ADP,1987-09-11,3.17984,3.23299,3.17353,3.20667, ADP,1987-09-14,3.23299,3.24631,3.18674,3.23299, ADP,1987-09-15,3.22639,3.22639,3.15381,3.15381, ADP,1987-09-16,3.15381,3.20006,3.12708,3.13379, ADP,1987-09-17,3.13379,3.147,3.04098,3.12708, ADP,1987-09-18,3.147,3.21998,3.13379,3.18674, ADP,1987-09-21,3.21998,3.2396,3.13379,3.15992, ADP,1987-09-22,3.15381,3.27945,3.12708,3.27945, ADP,1987-09-23,3.27945,3.34602,3.24631,3.34602, ADP,1987-09-24,3.3259,3.34602,3.27945,3.31249, ADP,1987-09-25,3.3259,3.34602,3.24631,3.24631, ADP,1987-09-28,3.24631,3.3192,3.23299,3.27945, ADP,1987-09-29,3.27945,3.31249,3.26613,3.26613, ADP,1987-09-30,3.26613,3.27945,3.18674,3.19345, ADP,1987-10-01,3.18674,3.29936,3.18674,3.29936, ADP,1987-10-02,3.33901,3.35253,3.31249,3.33901, ADP,1987-10-05,3.3192,3.3192,3.27945,3.31249, ADP,1987-10-06,3.29936,3.31249,3.23299,3.31249, ADP,1987-10-07,3.27945,3.27945,3.15381,3.20667, ADP,1987-10-08,3.24631,3.24631,3.08733,3.12708, ADP,1987-10-09,3.12708,3.13379,3.04098,3.06111, ADP,1987-10-12,3.07431,3.07431,2.86879,2.89532, ADP,1987-10-13,2.99454,3.00765,2.88182,2.94818, ADP,1987-10-14,2.96149,2.99454,2.80912,2.85567, ADP,1987-10-15,2.80202,2.92826,2.75636,2.77609, ADP,1987-10-16,2.80202,2.88182,2.67648,2.71623, ADP,1987-10-19,2.54432,2.7029,2.05379,2.05379, ADP,1987-10-20,2.67648,2.69,2.08732,2.4246, ADP,1987-10-21,2.35852,2.7029,2.35852,2.53703, ADP,1987-10-22,2.40478,2.56396,2.35852,2.37184, ADP,1987-10-23,2.32538,2.4246,2.30557,2.4246, ADP,1987-10-26,2.37184,2.37835,2.27923,2.30557, ADP,1987-10-27,2.30557,2.4246,2.30557,2.41119, ADP,1987-10-28,2.32538,2.64354,2.30557,2.49107, ADP,1987-10-29,2.55745,2.65637,2.45113,2.63683, ADP,1987-10-30,2.73624,2.80202,2.65637,2.69, ADP,1987-11-02,2.65637,2.73624,2.64354,2.71001, ADP,1987-11-03,2.67648,2.67648,2.56396,2.65637, ADP,1987-11-04,2.58397,2.63683,2.54432,2.60399, ADP,1987-11-05,2.59699,2.67648,2.59699,2.67648, ADP,1987-11-06,2.66346,2.72294,2.53703,2.58397, ADP,1987-11-09,2.49778,2.54432,2.45113,2.47795, ADP,1987-11-10,2.4246,2.47795,2.38515,2.45113, ADP,1987-11-11,2.5175,2.54432,2.47105,2.49778, ADP,1987-11-12,2.59699,2.67648,2.58397,2.65637, ADP,1987-11-13,2.64354,2.69,2.63683,2.65637, ADP,1987-11-16,2.71001,2.7825,2.67648,2.75636, ADP,1987-11-17,2.75636,2.75636,2.64354,2.7029, ADP,1987-11-18,2.71001,2.72294,2.65637,2.66346, ADP,1987-11-19,2.66346,2.7029,2.61001,2.61001, ADP,1987-11-20,2.58397,2.71001,2.58397,2.67648, ADP,1987-11-23,2.65637,2.72294,2.64354,2.7029, ADP,1987-11-24,2.71001,2.7825,2.71001,2.7825, ADP,1987-11-25,2.75636,2.80202,2.71623,2.71623, ADP,1987-11-27,2.72294,2.72294,2.63013,2.63013, ADP,1987-11-30,2.58397,2.58397,2.40478,2.49778, ADP,1987-12-01,2.53703,2.54432,2.49778,2.5175, ADP,1987-12-02,2.52371,2.54432,2.49107,2.53703, ADP,1987-12-03,2.53703,2.54432,2.4246,2.45824, ADP,1987-12-04,2.4246,2.48416,2.4246,2.48416, ADP,1987-12-07,2.47105,2.58397,2.47105,2.58397, ADP,1987-12-08,2.58397,2.69,2.58397,2.67648, ADP,1987-12-09,2.71001,2.73624,2.68329,2.71623, ADP,1987-12-10,2.61001,2.73624,2.61001,2.67648, ADP,1987-12-11,2.67648,2.71001,2.61711,2.61711, ADP,1987-12-14,2.61711,2.80912,2.59048,2.77609, ADP,1987-12-15,2.77609,2.83576,2.77609,2.80912, ADP,1987-12-16,2.85567,2.86879,2.82215,2.85567, ADP,1987-12-17,2.8754,2.91505,2.82215,2.84227, ADP,1987-12-18,2.89532,2.89532,2.84227,2.86879, ADP,1987-12-21,2.84887,2.89532,2.84887,2.85567, ADP,1987-12-22,2.85567,2.89532,2.84887,2.89532, ADP,1987-12-23,2.89532,2.9681,2.89532,2.90193, ADP,1987-12-24,2.89532,2.92145,2.80912,2.85567, ADP,1987-12-28,2.77609,2.82215,2.74916,2.7825, ADP,1987-12-29,2.80202,2.82895,2.77609,2.79611, ADP,1987-12-30,2.79611,2.86879,2.7825,2.86879, ADP,1987-12-31,2.84227,2.8754,2.82215,2.86879, ADP,1988-01-04,2.8754,2.89532,2.85567,2.88182, ADP,1988-01-05,2.89532,2.92145,2.84227,2.84227, ADP,1988-01-06,2.8754,2.8754,2.82215,2.82215, ADP,1988-01-07,2.80202,2.80912,2.74916,2.80912, ADP,1988-01-08,2.80912,2.80912,2.57056,2.57056, ADP,1988-01-11,2.63683,2.66346,2.52371,2.57717, ADP,1988-01-12,2.56396,2.56396,2.4316,2.49107, ADP,1988-01-13,2.50439,2.50439,2.4316,2.48416, ADP,1988-01-14,2.48416,2.52371,2.45824,2.5175, ADP,1988-01-15,2.64985,2.68329,2.61711,2.64354, ADP,1988-01-18,2.65637,2.68329,2.63683,2.68329, ADP,1988-01-19,2.64985,2.7029,2.62342,2.66346, ADP,1988-01-20,2.66346,2.66346,2.52371,2.55054, ADP,1988-01-21,2.59048,2.59048,2.54432,2.57056, ADP,1988-01-22,2.57717,2.7029,2.57717,2.69, ADP,1988-01-25,2.71623,2.72964,2.68329,2.72964, ADP,1988-01-26,2.71623,2.72964,2.69,2.69, ADP,1988-01-27,2.69,2.72964,2.64354,2.66346, ADP,1988-01-28,2.66346,2.71623,2.66346,2.71623, ADP,1988-01-29,2.71623,2.73624,2.71623,2.72964, ADP,1988-02-01,2.75636,2.77609,2.72294,2.72964, ADP,1988-02-02,2.72964,2.74916,2.66346,2.7029, ADP,1988-02-03,2.7029,2.71001,2.59699,2.61711, ADP,1988-02-04,2.61001,2.64354,2.57056,2.61711, ADP,1988-02-05,2.63683,2.65637,2.61711,2.63683, ADP,1988-02-08,2.61711,2.62342,2.59048,2.59699, ADP,1988-02-09,2.62342,2.63683,2.59699,2.61711, ADP,1988-02-10,2.63683,2.72294,2.61711,2.68329, ADP,1988-02-11,2.68329,2.76277,2.66346,2.74916, ADP,1988-02-12,2.74916,2.77609,2.72964,2.77609, ADP,1988-02-16,2.79611,2.80912,2.72964,2.7825, ADP,1988-02-17,2.80202,2.84227,2.77609,2.79611, ADP,1988-02-18,2.80202,2.80912,2.74916,2.74916, ADP,1988-02-19,2.72964,2.72964,2.69,2.71623, ADP,1988-02-22,2.7029,2.72964,2.66987,2.72964, ADP,1988-02-23,2.72964,2.77609,2.71623,2.77609, ADP,1988-02-24,2.77609,2.77609,2.73624,2.74916, ADP,1988-02-25,2.76277,2.82895,2.75636,2.77609, ADP,1988-02-26,2.7825,2.86879,2.7825,2.84227, ADP,1988-02-29,2.8754,2.96149,2.85567,2.96149, ADP,1988-03-01,2.97491,2.99454,2.94818,2.94818, ADP,1988-03-02,2.94818,3.00134,2.94168,2.94168, ADP,1988-03-03,2.94818,2.99454,2.92826,2.99454, ADP,1988-03-04,2.97491,3.01485,2.94168,2.99454, ADP,1988-03-07,2.97491,3.00134,2.94818,3.00134, ADP,1988-03-08,3.00134,3.01485,2.99454,2.99454, ADP,1988-03-09,2.99454,3.00765,2.97491,3.00134, ADP,1988-03-10,3.00765,3.00765,2.8754,2.8754, ADP,1988-03-11,2.88182,2.89532,2.85567,2.88182, ADP,1988-03-14,2.8754,2.89532,2.8754,2.88182, ADP,1988-03-15,2.88182,2.90193,2.86879,2.88182, ADP,1988-03-16,2.88182,2.90193,2.8754,2.89532, ADP,1988-03-17,2.88182,2.96149,2.88182,2.94168, ADP,1988-03-18,2.94818,2.94818,2.89532,2.92826, ADP,1988-03-21,2.91505,2.91505,2.86879,2.8754, ADP,1988-03-22,2.89532,2.89532,2.82895,2.83576, ADP,1988-03-23,2.85567,2.85567,2.80912,2.83576, ADP,1988-03-24,2.7825,2.7892,2.75636,2.75636, ADP,1988-03-25,2.73624,2.7825,2.71623,2.71623, ADP,1988-03-28,2.71623,2.75636,2.66987,2.69, ADP,1988-03-29,2.71001,2.74285,2.71001,2.72964, ADP,1988-03-30,2.73624,2.73624,2.69,2.69, ADP,1988-03-31,2.66987,2.71623,2.66346,2.71623, ADP,1988-04-04,2.69,2.71001,2.59699,2.59699, ADP,1988-04-05,2.62342,2.64354,2.60399,2.64354, ADP,1988-04-06,2.63683,2.64354,2.60399,2.62342, ADP,1988-04-07,2.69,2.73624,2.65637,2.71623, ADP,1988-04-08,2.72964,2.84887,2.72964,2.82895, ADP,1988-04-11,2.82895,2.83576,2.80202,2.83576, ADP,1988-04-12,2.85567,2.85567,2.80202,2.85567, ADP,1988-04-13,2.84887,2.85567,2.80202,2.83576, ADP,1988-04-14,2.75636,2.7892,2.71001,2.73624, ADP,1988-04-15,2.71623,2.71623,2.64985,2.68329, ADP,1988-04-18,2.64985,2.65637,2.61711,2.63683, ADP,1988-04-19,2.64354,2.65637,2.60399,2.61711, ADP,1988-04-20,2.59699,2.63683,2.59699,2.61711, ADP,1988-04-21,2.61711,2.64354,2.59699,2.62342, ADP,1988-04-22,2.62342,2.62342,2.57717,2.61711, ADP,1988-04-25,2.61711,2.62342,2.60399,2.62342, ADP,1988-04-26,2.62342,2.66346,2.61711,2.64985, ADP,1988-04-27,2.64354,2.68329,2.61711,2.61711, ADP,1988-04-28,2.63683,2.63683,2.58397,2.59699, ADP,1988-04-29,2.58397,2.58397,2.53121,2.55745, ADP,1988-05-02,2.55745,2.55745,2.52371,2.55054, ADP,1988-05-03,2.55054,2.60399,2.54432,2.57717, ADP,1988-05-04,2.59699,2.59699,2.55745,2.58397, ADP,1988-05-05,2.57717,2.57717,2.54432,2.55054, ADP,1988-05-06,2.53703,2.57056,2.53703,2.54432, ADP,1988-05-09,2.55745,2.55745,2.50439,2.53121, ADP,1988-05-10,2.51099,2.53703,2.46445,2.50439, ADP,1988-05-11,2.48416,2.49778,2.45113,2.48416, ADP,1988-05-12,2.48416,2.53121,2.47795,2.49778, ADP,1988-05-13,2.49778,2.54432,2.49778,2.53703, ADP,1988-05-16,2.53121,2.53703,2.48416,2.49778, ADP,1988-05-17,2.53121,2.53121,2.49778,2.50439, ADP,1988-05-18,2.48416,2.49778,2.41119,2.41849, ADP,1988-05-19,2.41849,2.4316,2.35202,2.37184, ADP,1988-05-20,2.38515,2.41119,2.36523,2.41119, ADP,1988-05-23,2.41119,2.41119,2.35202,2.40478, ADP,1988-05-24,2.39175,2.41119,2.37184,2.41119, ADP,1988-05-25,2.40478,2.40478,2.33871,2.33871, ADP,1988-05-26,2.35202,2.38515,2.31887,2.38515, ADP,1988-05-27,2.37184,2.38515,2.36523,2.38515, ADP,1988-05-31,2.39175,2.48416,2.39175,2.48416, ADP,1988-06-01,2.48416,2.57717,2.46445,2.55745, ADP,1988-06-02,2.54432,2.54432,2.51099,2.53121, ADP,1988-06-03,2.51099,2.54432,2.49778,2.54432, ADP,1988-06-06,2.54432,2.57717,2.52371,2.55745, ADP,1988-06-07,2.54432,2.60399,2.53121,2.57717, ADP,1988-06-08,2.57056,2.65637,2.57056,2.64354, ADP,1988-06-09,2.63683,2.65637,2.62342,2.65637, ADP,1988-06-10,2.62342,2.66346,2.61711,2.64354, ADP,1988-06-13,2.63683,2.64985,2.61711,2.62342, ADP,1988-06-14,2.63683,2.69,2.63683,2.64985, ADP,1988-06-15,2.65637,2.65637,2.57717,2.59699, ADP,1988-06-16,2.59699,2.59699,2.51099,2.54432, ADP,1988-06-17,2.53121,2.57056,2.53121,2.54432, ADP,1988-06-20,2.53703,2.54432,2.51099,2.53121, ADP,1988-06-21,2.54432,2.54432,2.51099,2.53121, ADP,1988-06-22,2.54432,2.58397,2.52371,2.57717, ADP,1988-06-23,2.59699,2.71623,2.59699,2.71623, ADP,1988-06-24,2.71001,2.71623,2.66987,2.69639, ADP,1988-06-27,2.64985,2.66346,2.61001,2.61001, ADP,1988-06-28,2.61001,2.61711,2.57056,2.57056, ADP,1988-06-29,2.58397,2.58397,2.53703,2.55054, ADP,1988-06-30,2.55745,2.59699,2.54432,2.59699, ADP,1988-07-01,2.61711,2.61711,2.53703,2.57056, ADP,1988-07-05,2.51099,2.57056,2.51099,2.57056, ADP,1988-07-06,2.57056,2.58397,2.55054,2.57056, ADP,1988-07-07,2.54432,2.61711,2.53121,2.61001, ADP,1988-07-08,2.61001,2.62342,2.57717,2.59699, ADP,1988-07-11,2.59699,2.59699,2.55054,2.58397, ADP,1988-07-12,2.58397,2.58397,2.50439,2.53121, ADP,1988-07-13,2.53121,2.54432,2.46445,2.53703, ADP,1988-07-14,2.53121,2.53121,2.48416,2.50439, ADP,1988-07-15,2.48416,2.51099,2.48416,2.48416, ADP,1988-07-18,2.47795,2.49778,2.45824,2.48416, ADP,1988-07-19,2.48416,2.49778,2.41849,2.46445, ADP,1988-07-20,2.45824,2.48416,2.43811,2.45824, ADP,1988-07-21,2.43811,2.43811,2.39827,2.4316, ADP,1988-07-22,2.4246,2.43811,2.41119,2.41849, ADP,1988-07-25,2.41849,2.45113,2.41119,2.45113, ADP,1988-07-26,2.41849,2.45824,2.41849,2.43811, ADP,1988-07-27,2.43811,2.46445,2.4316,2.4316, ADP,1988-07-28,2.4246,2.50439,2.4246,2.48416, ADP,1988-07-29,2.50439,2.53121,2.48416,2.53121, ADP,1988-08-01,2.52371,2.53121,2.47795,2.50439, ADP,1988-08-02,2.48416,2.50439,2.45113,2.47795, ADP,1988-08-03,2.48416,2.49778,2.45824,2.47795, ADP,1988-08-04,2.47795,2.49778,2.47795,2.48416, ADP,1988-08-05,2.49778,2.49778,2.43811,2.47795, ADP,1988-08-08,2.45824,2.48416,2.45824,2.45824, ADP,1988-08-09,2.45113,2.45824,2.41849,2.43811, ADP,1988-08-10,2.4246,2.43811,2.4246,2.43811, ADP,1988-08-11,2.46445,2.47795,2.4316,2.45113, ADP,1988-08-12,2.45113,2.45824,2.4316,2.45113, ADP,1988-08-15,2.4316,2.45824,2.4316,2.43811, ADP,1988-08-16,2.4246,2.50439,2.41849,2.47795, ADP,1988-08-17,2.48416,2.48416,2.41849,2.4246, ADP,1988-08-18,2.41849,2.43811,2.41119,2.4246, ADP,1988-08-19,2.41849,2.45824,2.41119,2.43811, ADP,1988-08-22,2.43811,2.43811,2.41119,2.41849, ADP,1988-08-23,2.39175,2.41119,2.37184,2.39175, ADP,1988-08-24,2.39175,2.4246,2.38515,2.41849, ADP,1988-08-25,2.41119,2.45824,2.39827,2.4316, ADP,1988-08-26,2.41849,2.45113,2.41849,2.4316, ADP,1988-08-29,2.45113,2.47795,2.4316,2.47795, ADP,1988-08-30,2.46445,2.46445,2.29936,2.30557, ADP,1988-08-31,2.33871,2.34532,2.31887,2.32538, ADP,1988-09-01,2.31887,2.31887,2.2526,2.2526, ADP,1988-09-02,2.27923,2.29936,2.2526,2.26572, ADP,1988-09-06,2.27243,2.29936,2.2526,2.2526, ADP,1988-09-07,2.26572,2.26572,2.22597,2.2394, ADP,1988-09-08,2.23269,2.29235,2.23269,2.27243, ADP,1988-09-09,2.2526,2.36523,2.2526,2.34532, ADP,1988-09-12,2.34532,2.45824,2.34532,2.39175, ADP,1988-09-13,2.36523,2.37184,2.34532,2.36523, ADP,1988-09-14,2.36523,2.37184,2.27243,2.31208, ADP,1988-09-15,2.31887,2.38515,2.29235,2.31887, ADP,1988-09-16,2.31208,2.34532,2.30557,2.34532, ADP,1988-09-19,2.36523,2.36523,2.30557,2.35202, ADP,1988-09-20,2.34532,2.37184,2.34532,2.34532, ADP,1988-09-21,2.35202,2.41119,2.35202,2.39175, ADP,1988-09-22,2.41119,2.45824,2.37184,2.39175, ADP,1988-09-23,2.37184,2.38515,2.32538,2.36523, ADP,1988-09-26,2.33871,2.37184,2.33871,2.37184, ADP,1988-09-27,2.38515,2.39175,2.36523,2.38515, ADP,1988-09-28,2.38515,2.38515,2.35202,2.36523, ADP,1988-09-29,2.37184,2.43811,2.36523,2.41119, ADP,1988-09-30,2.39175,2.39827,2.37184,2.37184, ADP,1988-10-03,2.36523,2.4246,2.35202,2.41849, ADP,1988-10-04,2.41849,2.45113,2.38515,2.38515, ADP,1988-10-05,2.39827,2.46445,2.38515,2.43811, ADP,1988-10-06,2.46445,2.48416,2.41849,2.4316, ADP,1988-10-07,2.4316,2.47795,2.4316,2.47795, ADP,1988-10-10,2.45824,2.46445,2.41849,2.4246, ADP,1988-10-11,2.4246,2.4316,2.39175,2.4246, ADP,1988-10-12,2.39827,2.41119,2.39175,2.39827, ADP,1988-10-13,2.39175,2.4316,2.39175,2.4316, ADP,1988-10-14,2.43811,2.45113,2.41849,2.4246, ADP,1988-10-17,2.4246,2.45113,2.41849,2.45113, ADP,1988-10-18,2.43811,2.48416,2.43811,2.48416, ADP,1988-10-19,2.49778,2.49778,2.45113,2.45824, ADP,1988-10-20,2.46445,2.48416,2.45113,2.46445, ADP,1988-10-21,2.46445,2.47795,2.41119,2.4316, ADP,1988-10-24,2.43811,2.43811,2.39827,2.39827, ADP,1988-10-25,2.39827,2.39827,2.38515,2.38515, ADP,1988-10-26,2.39175,2.39827,2.34532,2.36523, ADP,1988-10-27,2.35202,2.37184,2.34532,2.37184, ADP,1988-10-28,2.36523,2.41119,2.36523,2.39827, ADP,1988-10-31,2.39827,2.43811,2.38515,2.43811, ADP,1988-11-01,2.4316,2.43811,2.41119,2.41849, ADP,1988-11-02,2.41849,2.4316,2.41849,2.4246, ADP,1988-11-03,2.4246,2.4316,2.41849,2.41849, ADP,1988-11-04,2.39827,2.45824,2.38515,2.38515, ADP,1988-11-07,2.39175,2.43811,2.37184,2.4246, ADP,1988-11-08,2.43811,2.45113,2.39827,2.39827, ADP,1988-11-09,2.39827,2.4246,2.38515,2.4246, ADP,1988-11-10,2.4246,2.4316,2.39827,2.41849, ADP,1988-11-11,2.41119,2.41849,2.39175,2.39175, ADP,1988-11-14,2.39827,2.39827,2.36523,2.37184, ADP,1988-11-15,2.37184,2.38515,2.36523,2.36523, ADP,1988-11-16,2.38515,2.38515,2.32538,2.32538, ADP,1988-11-17,2.33871,2.36523,2.33871,2.34532, ADP,1988-11-18,2.37184,2.39827,2.35202,2.37184, ADP,1988-11-21,2.36523,2.37184,2.35202,2.36523, ADP,1988-11-22,2.35202,2.37184,2.35202,2.36523, ADP,1988-11-23,2.36523,2.38515,2.36523,2.36523, ADP,1988-11-25,2.35202,2.38515,2.35202,2.38515, ADP,1988-11-28,2.36523,2.37184,2.35202,2.36523, ADP,1988-11-29,2.35202,2.41849,2.35202,2.41849, ADP,1988-11-30,2.41119,2.45113,2.41119,2.4246, ADP,1988-12-01,2.41849,2.45824,2.41119,2.4316, ADP,1988-12-02,2.4246,2.49778,2.4246,2.45824, ADP,1988-12-05,2.45824,2.49778,2.43811,2.48416, ADP,1988-12-06,2.46445,2.49778,2.46445,2.48416, ADP,1988-12-07,2.49778,2.54432,2.48416,2.51099, ADP,1988-12-08,2.49778,2.54432,2.48416,2.52371, ADP,1988-12-09,2.50439,2.57056,2.50439,2.54432, ADP,1988-12-12,2.56396,2.57056,2.55054,2.55054, ADP,1988-12-13,2.56396,2.57056,2.54432,2.56396, ADP,1988-12-14,2.55054,2.56396,2.55054,2.55054, ADP,1988-12-15,2.55054,2.56396,2.53121,2.54432, ADP,1988-12-16,2.50439,2.57717,2.50439,2.57056, ADP,1988-12-19,2.55054,2.57717,2.54432,2.57717, ADP,1988-12-20,2.59048,2.59048,2.55054,2.55054, ADP,1988-12-21,2.54432,2.57056,2.54432,2.57056, ADP,1988-12-22,2.57717,2.57717,2.54432,2.57717, ADP,1988-12-23,2.57056,2.59048,2.56396,2.56396, ADP,1988-12-27,2.56396,2.56396,2.53121,2.54432, ADP,1988-12-28,2.54432,2.55054,2.52371,2.52371, ADP,1988-12-29,2.54432,2.57056,2.52371,2.55054, ADP,1988-12-30,2.52371,2.57056,2.50439,2.50439, ADP,1989-01-03,2.50439,2.54432,2.49778,2.51099, ADP,1989-01-04,2.53121,2.55054,2.52371,2.54432, ADP,1989-01-05,2.54432,2.57717,2.52371,2.55054, ADP,1989-01-06,2.57717,2.59699,2.57056,2.59699, ADP,1989-01-09,2.53121,2.54432,2.48416,2.50439, ADP,1989-01-10,2.54432,2.56396,2.50439,2.52371, ADP,1989-01-11,2.50439,2.54432,2.49778,2.54432, ADP,1989-01-12,2.54432,2.57717,2.54432,2.55054, ADP,1989-01-13,2.56396,2.61711,2.55054,2.59699, ADP,1989-01-16,2.63683,2.67648,2.63013,2.65637, ADP,1989-01-17,2.57056,2.57717,2.52371,2.53121, ADP,1989-01-18,2.54432,2.54432,2.50439,2.52371, ADP,1989-01-19,2.52371,2.54432,2.50439,2.54432, ADP,1989-01-20,2.53121,2.55054,2.52371,2.55054, ADP,1989-01-23,2.54432,2.55054,2.48416,2.48416, ADP,1989-01-24,2.47795,2.52371,2.45113,2.48416, ADP,1989-01-25,2.48416,2.50439,2.47795,2.48416, ADP,1989-01-26,2.48416,2.54432,2.46445,2.53121, ADP,1989-01-27,2.53121,2.56396,2.52371,2.54432, ADP,1989-01-30,2.55054,2.57056,2.54432,2.55054, ADP,1989-01-31,2.57056,2.59048,2.55054,2.57056, ADP,1989-02-01,2.57717,2.65637,2.57056,2.61711, ADP,1989-02-02,2.63013,2.65637,2.59699,2.65637, ADP,1989-02-03,2.64354,2.64354,2.61001,2.63683, ADP,1989-02-06,2.64354,2.64354,2.59048,2.59699, ADP,1989-02-07,2.59048,2.63683,2.59048,2.63013, ADP,1989-02-08,2.63013,2.65637,2.61711,2.64354, ADP,1989-02-09,2.63013,2.64354,2.59048,2.59048, ADP,1989-02-10,2.54432,2.56396,2.50439,2.52371, ADP,1989-02-13,2.52371,2.54432,2.49778,2.51099, ADP,1989-02-14,2.54432,2.55054,2.52371,2.53121, ADP,1989-02-15,2.54432,2.55054,2.52371,2.54432, ADP,1989-02-16,2.54432,2.55054,2.50439,2.52371, ADP,1989-02-17,2.52371,2.52371,2.50439,2.52371, ADP,1989-02-21,2.52371,2.52371,2.43811,2.45824, ADP,1989-02-22,2.46445,2.46445,2.4246,2.43811, ADP,1989-02-23,2.43811,2.45113,2.41119,2.4246, ADP,1989-02-24,2.4316,2.43811,2.41119,2.41119, ADP,1989-02-27,2.41849,2.41849,2.39175,2.39175, ADP,1989-02-28,2.41849,2.43811,2.41119,2.41119, ADP,1989-03-01,2.41119,2.46445,2.37184,2.37184, ADP,1989-03-02,2.37184,2.39827,2.36523,2.39827, ADP,1989-03-03,2.38515,2.39175,2.36523,2.36523, ADP,1989-03-06,2.35202,2.38515,2.35202,2.38515, ADP,1989-03-07,2.38515,2.38515,2.36523,2.36523, ADP,1989-03-08,2.36523,2.37184,2.34532,2.36523, ADP,1989-03-09,2.36523,2.37184,2.35202,2.36523, ADP,1989-03-10,2.37184,2.37184,2.34532,2.34532, ADP,1989-03-13,2.35202,2.36523,2.35202,2.35202, ADP,1989-03-14,2.36523,2.37184,2.36523,2.36523, ADP,1989-03-15,2.37184,2.38515,2.36523,2.36523, ADP,1989-03-16,2.37184,2.37184,2.36523,2.36523, ADP,1989-03-17,2.33871,2.35202,2.31887,2.33871, ADP,1989-03-20,2.33871,2.35202,2.32538,2.33871, ADP,1989-03-21,2.34532,2.36523,2.33871,2.33871, ADP,1989-03-22,2.33871,2.36523,2.32538,2.34532, ADP,1989-03-23,2.36523,2.37184,2.34532,2.36523, ADP,1989-03-27,2.36523,2.38515,2.34532,2.38515, ADP,1989-03-28,2.38515,2.40478,2.36523,2.38515, ADP,1989-03-29,2.36523,2.39175,2.35202,2.36523, ADP,1989-03-30,2.36523,2.38515,2.36523,2.36523, ADP,1989-03-31,2.38515,2.38515,2.36523,2.36523, ADP,1989-04-03,2.38515,2.41849,2.37184,2.40478, ADP,1989-04-04,2.38515,2.41849,2.37184,2.41119, ADP,1989-04-05,2.41849,2.4316,2.41119,2.4246, ADP,1989-04-06,2.41849,2.45113,2.41849,2.43811, ADP,1989-04-07,2.45113,2.48416,2.4316,2.47795, ADP,1989-04-10,2.46445,2.47795,2.45824,2.47795, ADP,1989-04-11,2.46445,2.48416,2.45824,2.47795, ADP,1989-04-12,2.48416,2.5175,2.47795,2.50439, ADP,1989-04-13,2.5175,2.5175,2.48416,2.50439, ADP,1989-04-14,2.52371,2.52371,2.49107,2.52371, ADP,1989-04-17,2.50439,2.56396,2.49107,2.54432, ADP,1989-04-18,2.55054,2.57056,2.54432,2.55054, ADP,1989-04-19,2.56396,2.61001,2.56396,2.59048, ADP,1989-04-20,2.59048,2.59048,2.54432,2.57056, ADP,1989-04-21,2.57056,2.59048,2.54432,2.58397, ADP,1989-04-24,2.56396,2.58397,2.53121,2.54432, ADP,1989-04-25,2.54432,2.56396,2.5175,2.53121, ADP,1989-04-26,2.54432,2.54432,2.5175,2.54432, ADP,1989-04-27,2.54432,2.58397,2.53121,2.54432, ADP,1989-04-28,2.54432,2.54432,2.53121,2.53121, ADP,1989-05-01,2.53121,2.53121,2.49778,2.52371, ADP,1989-05-02,2.54432,2.54432,2.49778,2.49778, ADP,1989-05-03,2.49778,2.53121,2.48416,2.53121, ADP,1989-05-04,2.53121,2.54432,2.49778,2.50439, ADP,1989-05-05,2.50439,2.53121,2.49107,2.50439, ADP,1989-05-08,2.46445,2.47795,2.45113,2.45824, ADP,1989-05-09,2.45824,2.49778,2.45113,2.48416, ADP,1989-05-10,2.49107,2.5175,2.48416,2.50439, ADP,1989-05-11,2.49778,2.52371,2.49778,2.5175, ADP,1989-05-12,2.54432,2.55054,2.53121,2.54432, ADP,1989-05-15,2.54432,2.55054,2.53121,2.54432, ADP,1989-05-16,2.54432,2.56396,2.53121,2.54432, ADP,1989-05-17,2.54432,2.60399,2.53121,2.59048, ADP,1989-05-18,2.58397,2.60399,2.56396,2.57056, ADP,1989-05-19,2.56396,2.56396,2.45113,2.49778, ADP,1989-05-22,2.49107,2.53121,2.46445,2.5175, ADP,1989-05-23,2.49778,2.49778,2.45824,2.45824, ADP,1989-05-24,2.45824,2.49107,2.45824,2.49107, ADP,1989-05-25,2.47795,2.5175,2.46445,2.48416, ADP,1989-05-26,2.49107,2.5175,2.47795,2.48416, ADP,1989-05-30,2.48416,2.49778,2.47795,2.47795, ADP,1989-05-31,2.47795,2.54432,2.46445,2.53121, ADP,1989-06-01,2.53121,2.56396,2.5175,2.52371, ADP,1989-06-02,2.54432,2.58397,2.52371,2.55054, ADP,1989-06-05,2.57056,2.59048,2.52371,2.53121, ADP,1989-06-06,2.54432,2.59048,2.53121,2.58397, ADP,1989-06-07,2.58397,2.59699,2.56396,2.59699, ADP,1989-06-08,2.59699,2.61711,2.58397,2.61001, ADP,1989-06-09,2.61711,2.61711,2.59699,2.61001, ADP,1989-06-12,2.59699,2.68329,2.58397,2.65637, ADP,1989-06-13,2.65637,2.66987,2.62342,2.62342, ADP,1989-06-14,2.62342,2.63683,2.60399,2.63013, ADP,1989-06-15,2.63683,2.63683,2.56396,2.58397, ADP,1989-06-16,2.54432,2.65637,2.54432,2.61001, ADP,1989-06-19,2.59699,2.65637,2.59699,2.60399, ADP,1989-06-20,2.61001,2.65637,2.60399,2.65637, ADP,1989-06-21,2.64985,2.65637,2.60399,2.60399, ADP,1989-06-22,2.60399,2.63683,2.60399,2.62342, ADP,1989-06-23,2.63013,2.65637,2.61001,2.65637, ADP,1989-06-26,2.63683,2.66987,2.63683,2.64985, ADP,1989-06-27,2.63683,2.7029,2.63013,2.67648, ADP,1989-06-28,2.69,2.69639,2.64985,2.66987, ADP,1989-06-29,2.63683,2.65637,2.62342,2.62342, ADP,1989-06-30,2.63683,2.63683,2.55745,2.61001, ADP,1989-07-03,2.59048,2.60399,2.58397,2.59699, ADP,1989-07-05,2.59699,2.62342,2.59699,2.62342, ADP,1989-07-06,2.60399,2.61001,2.58397,2.59699, ADP,1989-07-07,2.59699,2.61001,2.57056,2.61001, ADP,1989-07-10,2.62342,2.64985,2.61001,2.63683, ADP,1989-07-11,2.63683,2.71623,2.62342,2.7029, ADP,1989-07-12,2.66987,2.69639,2.65637,2.69639, ADP,1989-07-13,2.7029,2.71623,2.66987,2.67648, ADP,1989-07-14,2.65637,2.7029,2.62342,2.7029, ADP,1989-07-17,2.67648,2.7029,2.65637,2.66987, ADP,1989-07-18,2.66987,2.66987,2.62342,2.64985, ADP,1989-07-19,2.65637,2.67648,2.63683,2.65637, ADP,1989-07-20,2.65637,2.67648,2.61001,2.61001, ADP,1989-07-21,2.64985,2.66987,2.63683,2.64985, ADP,1989-07-24,2.64985,2.65637,2.60399,2.60399, ADP,1989-07-25,2.61001,2.63013,2.60399,2.62342, ADP,1989-07-26,2.63013,2.63683,2.61001,2.63683, ADP,1989-07-27,2.63683,2.64985,2.60399,2.60399, ADP,1989-07-28,2.60399,2.62342,2.59048,2.61001, ADP,1989-07-31,2.60399,2.63683,2.59699,2.63683, ADP,1989-08-01,2.63013,2.65637,2.62342,2.64985, ADP,1989-08-02,2.65637,2.67648,2.63683,2.66987, ADP,1989-08-03,2.66987,2.66987,2.63683,2.63683, ADP,1989-08-04,2.63683,2.66987,2.61001,2.62342, ADP,1989-08-07,2.63683,2.69639,2.62342,2.69639, ADP,1989-08-08,2.69639,2.76277,2.69,2.76277, ADP,1989-08-09,2.76277,2.80202,2.74285,2.77609, ADP,1989-08-10,2.77609,2.80202,2.76277,2.80202, ADP,1989-08-11,2.83576,2.84887,2.76919,2.7825, ADP,1989-08-14,2.77609,2.7825,2.73624,2.74285, ADP,1989-08-15,2.76919,2.77609,2.76277,2.76919, ADP,1989-08-16,2.7825,2.7892,2.77609,2.7825, ADP,1989-08-17,2.80202,2.80202,2.7825,2.7825, ADP,1989-08-18,2.76919,2.76919,2.62342,2.7029, ADP,1989-08-21,2.69,2.71623,2.66987,2.66987, ADP,1989-08-22,2.67648,2.69639,2.66987,2.67648, ADP,1989-08-23,2.69,2.74285,2.67648,2.74285, ADP,1989-08-24,2.74285,2.81583,2.73624,2.80912, ADP,1989-08-25,2.7825,2.80912,2.76919,2.80202, ADP,1989-08-28,2.7825,2.81583,2.76919,2.81583, ADP,1989-08-29,2.83576,2.89532,2.82895,2.86879, ADP,1989-08-30,2.84227,2.88182,2.81583,2.81583, ADP,1989-08-31,2.82895,2.82895,2.80202,2.80912, ADP,1989-09-01,2.7892,2.85567,2.77609,2.84227, ADP,1989-09-05,2.85567,2.88182,2.84887,2.86879, ADP,1989-09-06,2.86879,2.86879,2.83576,2.84227, ADP,1989-09-07,2.86879,2.90814,2.85567,2.89532, ADP,1989-09-08,2.89532,2.89532,2.86879,2.89532, ADP,1989-09-11,2.89532,2.89532,2.84887,2.86879, ADP,1989-09-12,2.86198,2.88881,2.86198,2.8754, ADP,1989-09-13,2.8754,2.91505,2.8754,2.88881, ADP,1989-09-14,2.86879,2.88881,2.86879,2.86879, ADP,1989-09-15,2.86879,2.89532,2.86879,2.89532, ADP,1989-09-18,2.89532,2.90814,2.8754,2.8754, ADP,1989-09-19,2.88881,2.89532,2.8754,2.89532, ADP,1989-09-20,2.88881,2.94818,2.88881,2.91505, ADP,1989-09-21,2.93497,2.97491,2.91505,2.93497, ADP,1989-09-22,2.94168,2.99454,2.94168,2.95449, ADP,1989-09-25,2.94818,2.96149,2.94168,2.96149, ADP,1989-09-26,2.97491,3.04098,2.97491,2.99454, ADP,1989-09-27,2.97491,3.00134,2.96149,2.98093, ADP,1989-09-28,3.00765,3.06111,2.98093,3.06111, ADP,1989-09-29,3.04789,3.06742,3.04098,3.04789, ADP,1989-10-02,3.04789,3.04789,3.00765,3.02767, ADP,1989-10-03,3.04789,3.09385,3.04098,3.06742, ADP,1989-10-04,3.08733,3.17353,3.08733,3.147, ADP,1989-10-05,3.147,3.17353,3.12708,3.15381, ADP,1989-10-06,3.15381,3.17353,3.147,3.15381, ADP,1989-10-09,3.13379,3.147,3.12708,3.13379, ADP,1989-10-10,3.13379,3.17353,3.12708,3.15992, ADP,1989-10-11,3.147,3.15381,3.11366,3.13379, ADP,1989-10-12,3.12708,3.17984,3.11366,3.17353, ADP,1989-10-13,3.13379,3.17353,2.90814,2.94168, ADP,1989-10-16,2.8754,3.02096,2.8754,2.99454, ADP,1989-10-17,2.99454,3.08733,2.99454,3.04098, ADP,1989-10-18,3.04098,3.12708,3.02767,3.06742, ADP,1989-10-19,3.08733,3.21998,3.08733,3.19345, ADP,1989-10-20,3.20006,3.2396,3.17353,3.19345, ADP,1989-10-23,3.19345,3.21998,3.13379,3.147, ADP,1989-10-24,3.147,3.31249,3.08733,3.29936, ADP,1989-10-25,3.27945,3.27945,3.17353,3.18674, ADP,1989-10-26,3.15381,3.21998,3.12708,3.18674, ADP,1989-10-27,3.17353,3.17353,3.00765,3.04098, ADP,1989-10-30,3.04098,3.06111,3.02767,3.06111, ADP,1989-10-31,3.06111,3.06742,3.04098,3.06742, ADP,1989-11-01,3.06742,3.06742,3.01485,3.04098, ADP,1989-11-02,3.04098,3.04098,2.94818,2.95449, ADP,1989-11-03,2.95449,2.95449,2.92826,2.93497, ADP,1989-11-06,2.93497,2.93497,2.89532,2.90814, ADP,1989-11-07,2.90814,2.95449,2.89532,2.94818, ADP,1989-11-08,2.94168,3.04098,2.94168,2.99454, ADP,1989-11-09,2.98093,3.01485,2.97491,3.00765, ADP,1989-11-10,3.00134,3.02767,3.00134,3.01485, ADP,1989-11-13,3.02767,3.04098,3.00765,3.02767, ADP,1989-11-14,3.02096,3.06111,3.02096,3.04098, ADP,1989-11-15,3.02096,3.08062,3.02096,3.06742, ADP,1989-11-16,3.09385,3.10697,3.06742,3.08062, ADP,1989-11-17,3.10697,3.13379,3.08733,3.10697, ADP,1989-11-20,3.08733,3.08733,3.06111,3.08733, ADP,1989-11-21,3.08733,3.13379,3.08733,3.13379, ADP,1989-11-22,3.10697,3.10697,3.06111,3.06742, ADP,1989-11-24,3.08733,3.13379,3.08733,3.12708, ADP,1989-11-27,3.13379,3.17984,3.12708,3.17984, ADP,1989-11-28,3.18674,3.22639,3.17353,3.22639, ADP,1989-11-29,3.21998,3.2396,3.17353,3.17353, ADP,1989-11-30,3.17353,3.18674,3.13379,3.18674, ADP,1989-12-01,3.19345,3.24631,3.17984,3.17984, ADP,1989-12-04,3.19345,3.22639,3.17984,3.20006, ADP,1989-12-05,3.20006,3.21318,3.12708,3.13379, ADP,1989-12-06,3.12708,3.12708,3.06742,3.10697, ADP,1989-12-07,3.08733,3.10697,3.04789,3.06111, ADP,1989-12-08,3.06742,3.06742,3.01485,3.04098, ADP,1989-12-11,3.02096,3.04098,3.00765,3.02767, ADP,1989-12-12,3.00765,3.03437,2.98093,2.99454, ADP,1989-12-13,2.99454,3.06111,2.9681,3.00134, ADP,1989-12-14,3.06742,3.12708,3.06742,3.11366, ADP,1989-12-15,3.12708,3.1402,3.10085,3.11366, ADP,1989-12-18,3.12708,3.15381,3.11366,3.12708, ADP,1989-12-19,3.11366,3.147,3.10697,3.12708, ADP,1989-12-20,3.147,3.147,3.10697,3.11366, ADP,1989-12-21,3.11366,3.12708,3.08062,3.10085, ADP,1989-12-22,3.10085,3.10697,3.08062,3.08733, ADP,1989-12-26,3.08733,3.1402,3.08062,3.12708, ADP,1989-12-27,3.11366,3.17984,3.11366,3.17984, ADP,1989-12-28,3.17353,3.21318,3.16683,3.21318, ADP,1989-12-29,3.20667,3.21318,3.19345,3.21318, ADP,1990-01-02,3.18674,3.27284,3.147,3.27284, ADP,1990-01-03,3.27284,3.27284,3.21998,3.25283, ADP,1990-01-04,3.25283,3.25954,3.23299,3.2396, ADP,1990-01-05,3.21318,3.2396,3.20667,3.21318, ADP,1990-01-08,3.19345,3.2396,3.19345,3.21998, ADP,1990-01-09,3.21998,3.2396,3.16683,3.16683, ADP,1990-01-10,3.147,3.16683,3.06742,3.12708, ADP,1990-01-11,3.12708,3.21318,3.12708,3.17353, ADP,1990-01-12,3.12708,3.19345,3.10697,3.19345, ADP,1990-01-15,3.17353,3.17353,3.12708,3.1402, ADP,1990-01-16,3.08733,3.21318,3.08062,3.19345, ADP,1990-01-17,3.19345,3.21318,3.12708,3.147, ADP,1990-01-18,3.147,3.16683,3.10085,3.147, ADP,1990-01-19,3.147,3.21318,3.12708,3.20667, ADP,1990-01-22,3.21318,3.21318,3.15381,3.17353, ADP,1990-01-23,3.15381,3.17984,3.12708,3.15381, ADP,1990-01-24,3.147,3.17984,3.12708,3.16683, ADP,1990-01-25,3.19345,3.21318,3.17353,3.18674, ADP,1990-01-26,3.20667,3.23299,3.147,3.16683, ADP,1990-01-29,3.16683,3.18674,3.08733,3.12708, ADP,1990-01-30,3.147,3.16683,3.10085,3.12708, ADP,1990-01-31,3.10085,3.11366,3.06742,3.08062, ADP,1990-02-01,3.10085,3.16683,3.07431,3.15381, ADP,1990-02-02,3.147,3.16683,3.12708,3.15381, ADP,1990-02-05,3.147,3.15381,3.1402,3.147, ADP,1990-02-06,3.15381,3.18674,3.1402,3.18674, ADP,1990-02-07,3.18674,3.27945,3.17353,3.27284, ADP,1990-02-08,3.27945,3.28596,3.2396,3.2396, ADP,1990-02-09,3.25954,3.28596,3.2396,3.27945, ADP,1990-02-12,3.27945,3.27945,3.23299,3.2396, ADP,1990-02-13,3.2396,3.2396,3.19345,3.2396, ADP,1990-02-14,3.21318,3.2396,3.19345,3.20667, ADP,1990-02-15,3.21318,3.29936,3.20667,3.29936, ADP,1990-02-16,3.29936,3.3259,3.29936,3.3192, ADP,1990-02-20,3.31249,3.3259,3.29936,3.31249, ADP,1990-02-21,3.28596,3.29936,3.25954,3.25954, ADP,1990-02-22,3.25954,3.29936,3.2396,3.25283, ADP,1990-02-23,3.23299,3.27284,3.19345,3.25283, ADP,1990-02-26,3.27284,3.29936,3.25283,3.28596, ADP,1990-02-27,3.28596,3.36565,3.27945,3.31249, ADP,1990-02-28,3.29936,3.34602,3.28596,3.29936, ADP,1990-03-01,3.28596,3.3192,3.25283,3.25954, ADP,1990-03-02,3.25283,3.34602,3.2396,3.3259, ADP,1990-03-05,3.37886,3.41861,3.35884,3.37886, ADP,1990-03-06,3.35884,3.45854,3.35884,3.45854, ADP,1990-03-07,3.49178,3.51131,3.45854,3.49178, ADP,1990-03-08,3.49178,3.51131,3.44494,3.47847, ADP,1990-03-09,3.44494,3.45854,3.39227,3.41171, ADP,1990-03-12,3.41171,3.41861,3.39227,3.41171, ADP,1990-03-13,3.40559,3.43172,3.35884,3.35884, ADP,1990-03-14,3.35884,3.39858,3.33901,3.38527, ADP,1990-03-15,3.38527,3.41171,3.35884,3.41171, ADP,1990-03-16,3.47157,3.51782,3.45173,3.51131, ADP,1990-03-19,3.48468,3.51782,3.47157,3.51131, ADP,1990-03-20,3.5048,3.53764,3.46486,3.5048, ADP,1990-03-21,3.51782,3.53113,3.47847,3.53113, ADP,1990-03-22,3.51782,3.53113,3.41861,3.43172, ADP,1990-03-23,3.45173,3.47847,3.41861,3.45173, ADP,1990-03-26,3.45173,3.46486,3.41861,3.41861, ADP,1990-03-27,3.40559,3.41861,3.35884,3.41861, ADP,1990-03-28,3.41171,3.42541,3.39858,3.41171, ADP,1990-03-29,3.42541,3.47847,3.41171,3.45173, ADP,1990-03-30,3.44494,3.51782,3.41171,3.51131, ADP,1990-04-02,3.49178,3.53113,3.46486,3.53113, ADP,1990-04-03,3.53113,3.58439,3.49178,3.51782, ADP,1990-04-04,3.57117,3.58439,3.53113,3.55135, ADP,1990-04-05,3.55756,3.57117,3.53113,3.53764, ADP,1990-04-06,3.55135,3.55135,3.5048,3.53764, ADP,1990-04-09,3.53113,3.57117,3.49178,3.49178, ADP,1990-04-10,3.51782,3.53113,3.48468,3.48468, ADP,1990-04-11,3.5048,3.53113,3.49178,3.51131, ADP,1990-04-12,3.591,3.59741,3.53113,3.55135, ADP,1990-04-16,3.57117,3.57117,3.53764,3.55135, ADP,1990-04-17,3.53764,3.55135,3.51131,3.51131, ADP,1990-04-18,3.53113,3.53764,3.46486,3.48468, ADP,1990-04-19,3.48468,3.51131,3.39858,3.41171, ADP,1990-04-20,3.41861,3.42541,3.3192,3.34602, ADP,1990-04-23,3.3192,3.35884,3.31249,3.33901, ADP,1990-04-24,3.36565,3.38527,3.31249,3.33901, ADP,1990-04-25,3.33901,3.34602,3.3192,3.33901, ADP,1990-04-26,3.33901,3.38527,3.29936,3.35884, ADP,1990-04-27,3.33901,3.35884,3.27284,3.29276, ADP,1990-04-30,3.29276,3.3192,3.29276,3.31249, ADP,1990-05-01,3.3192,3.35884,3.29276,3.35884, ADP,1990-05-02,3.35884,3.41861,3.35884,3.40559, ADP,1990-05-03,3.40559,3.43172,3.36565,3.42541, ADP,1990-05-04,3.44494,3.47157,3.41861,3.47157, ADP,1990-05-07,3.47157,3.55135,3.46486,3.55135, ADP,1990-05-08,3.53764,3.55135,3.51782,3.53113, ADP,1990-05-09,3.53113,3.53764,3.5048,3.53113, ADP,1990-05-10,3.53764,3.55135,3.53113,3.53113, ADP,1990-05-11,3.55135,3.61712,3.53113,3.58439, ADP,1990-05-14,3.59741,3.74958,3.591,3.68991, ADP,1990-05-15,3.63735,3.70342,3.61712,3.66348, ADP,1990-05-16,3.63735,3.67688,3.60411,3.66348, ADP,1990-05-17,3.66348,3.72334,3.66348,3.71003, ADP,1990-05-18,3.71003,3.76949,3.68991,3.76949, ADP,1990-05-21,3.74327,3.84939,3.73005,3.81615, ADP,1990-05-22,3.82907,3.84939,3.73005,3.74958, ADP,1990-05-23,3.74958,3.76949,3.72334,3.76949, ADP,1990-05-24,3.76949,3.76949,3.74958,3.76949, ADP,1990-05-25,3.73005,3.74958,3.70342,3.70342, ADP,1990-05-29,3.66348,3.82907,3.65727,3.81615, ADP,1990-05-30,3.76949,3.84939,3.75658,3.76949, ADP,1990-05-31,3.76949,3.81615,3.76949,3.78923, ADP,1990-06-01,3.80924,3.83616,3.7763,3.78923, ADP,1990-06-04,3.76949,3.86269,3.76949,3.82907, ADP,1990-06-05,3.82907,3.8557,3.79642,3.80924, ADP,1990-06-06,3.78923,3.79642,3.75658,3.75658, ADP,1990-06-07,3.76949,3.76949,3.66348,3.73005, ADP,1990-06-08,3.71003,3.72334,3.65056,3.68379, ADP,1990-06-11,3.61712,3.68379,3.61712,3.68379, ADP,1990-06-12,3.70342,3.76949,3.68379,3.75658, ADP,1990-06-13,3.76949,3.76949,3.71003,3.73005, ADP,1990-06-14,3.73675,3.73675,3.65056,3.67039, ADP,1990-06-15,3.591,3.65056,3.591,3.63075, ADP,1990-06-18,3.63075,3.65727,3.61712,3.63735, ADP,1990-06-19,3.61712,3.65056,3.61712,3.61712, ADP,1990-06-20,3.63735,3.65056,3.61712,3.65056, ADP,1990-06-21,3.63735,3.67039,3.63075,3.67039, ADP,1990-06-22,3.67688,3.71003,3.67688,3.68379, ADP,1990-06-25,3.69692,3.69692,3.63075,3.63075, ADP,1990-06-26,3.65727,3.68379,3.591,3.61712, ADP,1990-06-27,3.60411,3.63075,3.591,3.61712, ADP,1990-06-28,3.63075,3.63075,3.591,3.61712, ADP,1990-06-29,3.63735,3.67039,3.63075,3.65056, ADP,1990-07-02,3.65056,3.68379,3.63075,3.67688, ADP,1990-07-03,3.69692,3.74327,3.67688,3.71663, ADP,1990-07-05,3.76319,3.76319,3.65727,3.71003, ADP,1990-07-06,3.67688,3.71003,3.65727,3.67688, ADP,1990-07-09,3.67688,3.69692,3.65056,3.65727, ADP,1990-07-10,3.65727,3.65727,3.57749,3.61071, ADP,1990-07-11,3.65056,3.71663,3.63075,3.71663, ADP,1990-07-12,3.71663,3.78923,3.71003,3.78301, ADP,1990-07-13,3.78301,3.82907,3.7763,3.82256, ADP,1990-07-16,3.80293,3.88903,3.80293,3.88252, ADP,1990-07-17,3.92867,3.97512,3.90905,3.97512, ADP,1990-07-18,3.94188,3.95511,3.86269,3.88903, ADP,1990-07-19,3.86269,3.86269,3.7763,3.82256, ADP,1990-07-20,3.80293,3.80293,3.69692,3.69692, ADP,1990-07-23,3.67688,3.67688,3.53113,3.54425, ADP,1990-07-24,3.54425,3.591,3.51131,3.591, ADP,1990-07-25,3.591,3.63075,3.56446,3.63075, ADP,1990-07-26,3.591,3.61071,3.54425,3.56446, ADP,1990-07-27,3.56446,3.56446,3.5048,3.53113, ADP,1990-07-30,3.49769,3.53764,3.47157,3.53764, ADP,1990-07-31,3.53113,3.56446,3.45854,3.47847, ADP,1990-08-01,3.47847,3.5048,3.47157,3.47847, ADP,1990-08-02,3.46486,3.49769,3.43843,3.47847, ADP,1990-08-03,3.46486,3.46486,3.35253,3.41861, ADP,1990-08-06,3.3327,3.35253,3.26613,3.29936, ADP,1990-08-07,3.31249,3.35884,3.26613,3.29276, ADP,1990-08-08,3.30598,3.31249,3.28596,3.30598, ADP,1990-08-09,3.29936,3.37886,3.29936,3.37886, ADP,1990-08-10,3.39858,3.41861,3.35253,3.35884, ADP,1990-08-13,3.3192,3.35884,3.31249,3.35253, ADP,1990-08-14,3.35253,3.35884,3.35253,3.35253, ADP,1990-08-15,3.35884,3.44494,3.35884,3.41861, ADP,1990-08-16,3.40559,3.40559,3.31249,3.3192, ADP,1990-08-17,3.28596,3.29936,3.18674,3.23299, ADP,1990-08-20,3.23299,3.26613,3.23299,3.26613, ADP,1990-08-21,3.24631,3.24631,3.1402,3.16683, ADP,1990-08-22,3.16683,3.22639,3.15992,3.18674, ADP,1990-08-23,3.10085,3.15992,3.08062,3.13379, ADP,1990-08-24,3.16683,3.18674,3.12708,3.18674, ADP,1990-08-27,3.23299,3.35253,3.21318,3.3327, ADP,1990-08-28,3.33901,3.35884,3.3192,3.33901, ADP,1990-08-29,3.33901,3.37265,3.30598,3.3192, ADP,1990-08-30,3.3327,3.3327,3.25283,3.27284, ADP,1990-08-31,3.26613,3.3192,3.26613,3.3192, ADP,1990-09-04,3.30598,3.33901,3.29936,3.33901, ADP,1990-09-05,3.33901,3.35884,3.3327,3.33901, ADP,1990-09-06,3.33901,3.33901,3.30598,3.31249, ADP,1990-09-07,3.29936,3.39858,3.29936,3.35884, ADP,1990-09-10,3.37886,3.39858,3.3327,3.3327, ADP,1990-09-11,3.3192,3.35884,3.3192,3.3259, ADP,1990-09-12,3.3259,3.3259,3.2396,3.25954, ADP,1990-09-13,3.2396,3.25283,3.21998,3.22639, ADP,1990-09-14,3.21318,3.21998,3.15381,3.15992, ADP,1990-09-17,3.15381,3.15381,3.12708,3.1402, ADP,1990-09-18,3.12708,3.15992,3.12057,3.15992, ADP,1990-09-19,3.17984,3.19345,3.15992,3.17353, ADP,1990-09-20,3.15992,3.15992,3.13379,3.15381, ADP,1990-09-21,3.15381,3.2396,3.1402,3.22639, ADP,1990-09-24,3.22639,3.2396,3.20006,3.21998, ADP,1990-09-25,3.2396,3.30598,3.21998,3.29276, ADP,1990-09-26,3.26613,3.26613,3.21318,3.21998, ADP,1990-09-27,3.2396,3.25954,3.20006,3.21998, ADP,1990-09-28,3.21318,3.29276,3.18674,3.28596, ADP,1990-10-01,3.29936,3.34602,3.29276,3.3259, ADP,1990-10-02,3.3259,3.34602,3.30598,3.30598, ADP,1990-10-03,3.29936,3.30598,3.19345,3.19345, ADP,1990-10-04,3.15992,3.15992,3.09385,3.10085, ADP,1990-10-05,3.07431,3.1402,3.06742,3.12708, ADP,1990-10-08,3.1402,3.17353,3.12057,3.13379, ADP,1990-10-09,3.12057,3.1402,3.11366,3.12708, ADP,1990-10-10,3.11366,3.12708,3.08733,3.11366, ADP,1990-10-11,3.11366,3.11366,3.02767,3.02767, ADP,1990-10-12,3.03437,3.09385,2.99454,3.054, ADP,1990-10-15,3.08733,3.19345,3.07431,3.1402, ADP,1990-10-16,3.15381,3.2396,3.15381,3.17353, ADP,1990-10-17,3.17353,3.2396,3.17353,3.2396, ADP,1990-10-18,3.2396,3.35253,3.2396,3.35253, ADP,1990-10-19,3.42541,3.43172,3.38527,3.40559, ADP,1990-10-22,3.39227,3.45854,3.35884,3.45854, ADP,1990-10-23,3.45854,3.47157,3.41861,3.41861, ADP,1990-10-24,3.40559,3.42541,3.37265,3.38527, ADP,1990-10-25,3.37265,3.38527,3.34602,3.35253, ADP,1990-10-26,3.35884,3.35884,3.30598,3.30598, ADP,1990-10-29,3.30598,3.34602,3.28596,3.30598, ADP,1990-10-30,3.29276,3.3327,3.27945,3.3259, ADP,1990-10-31,3.3259,3.34602,3.30598,3.3327, ADP,1990-11-01,3.35884,3.35884,3.30598,3.35253, ADP,1990-11-02,3.35884,3.41861,3.35253,3.41171, ADP,1990-11-05,3.41171,3.42541,3.37265,3.40559, ADP,1990-11-06,3.39227,3.40559,3.38527,3.39227, ADP,1990-11-07,3.39227,3.39227,3.37265,3.37265, ADP,1990-11-08,3.37265,3.41171,3.35884,3.39227, ADP,1990-11-09,3.41171,3.43843,3.41171,3.43843, ADP,1990-11-12,3.45173,3.53113,3.43843,3.51782, ADP,1990-11-13,3.53764,3.53764,3.51131,3.51782, ADP,1990-11-14,3.53764,3.59741,3.53764,3.57749, ADP,1990-11-15,3.55756,3.57749,3.53764,3.53764, ADP,1990-11-16,3.56446,3.591,3.55756,3.56446, ADP,1990-11-19,3.56446,3.58439,3.56446,3.58439, ADP,1990-11-20,3.58439,3.58439,3.53764,3.57749, ADP,1990-11-21,3.55756,3.64395,3.53764,3.64395, ADP,1990-11-23,3.62403,3.66348,3.60411,3.62403, ADP,1990-11-26,3.60411,3.60411,3.55756,3.56446, ADP,1990-11-27,3.56446,3.61712,3.56446,3.59741, ADP,1990-11-28,3.61712,3.61712,3.591,3.59741, ADP,1990-11-29,3.60411,3.60411,3.56446,3.57749, ADP,1990-11-30,3.57749,3.59741,3.56446,3.56446, ADP,1990-12-03,3.61712,3.62403,3.60411,3.62403, ADP,1990-12-04,3.60411,3.62403,3.58439,3.61712, ADP,1990-12-05,3.61712,3.63075,3.60411,3.63075, ADP,1990-12-06,3.67039,3.67039,3.64395,3.65727, ADP,1990-12-07,3.65056,3.65727,3.57749,3.591, ADP,1990-12-10,3.55756,3.57749,3.52462,3.56446, ADP,1990-12-11,3.55135,3.57117,3.51131,3.54425, ADP,1990-12-12,3.55135,3.56446,3.48468,3.52462, ADP,1990-12-13,3.51131,3.63735,3.5048,3.61712, ADP,1990-12-14,3.59741,3.59741,3.55135,3.59741, ADP,1990-12-17,3.591,3.63735,3.591,3.63075, ADP,1990-12-18,3.63075,3.63735,3.55135,3.591, ADP,1990-12-19,3.591,3.59741,3.55135,3.57749, ADP,1990-12-20,3.55135,3.59741,3.54425,3.57117, ADP,1990-12-21,3.57117,3.63075,3.56446,3.59741, ADP,1990-12-24,3.59741,3.59741,3.57749,3.59741, ADP,1990-12-26,3.59741,3.61071,3.57117,3.61071, ADP,1990-12-27,3.59741,3.59741,3.53113,3.53113, ADP,1990-12-28,3.53113,3.56446,3.53113,3.54425, ADP,1990-12-31,3.56446,3.591,3.54425,3.56446, ADP,1991-01-02,3.55135,3.63735,3.53113,3.61712, ADP,1991-01-03,3.61712,3.63735,3.55135,3.55135, ADP,1991-01-04,3.55135,3.57749,3.48468,3.48468, ADP,1991-01-07,3.45173,3.47847,3.44494,3.45173, ADP,1991-01-08,3.46486,3.47157,3.35884,3.38527, ADP,1991-01-09,3.41861,3.45173,3.36565,3.38527, ADP,1991-01-10,3.40559,3.41861,3.33901,3.36565, ADP,1991-01-11,3.38527,3.38527,3.35884,3.37886, ADP,1991-01-14,3.36565,3.38527,3.35884,3.37886, ADP,1991-01-15,3.37886,3.39858,3.3192,3.3192, ADP,1991-01-16,3.3259,3.44494,3.3192,3.41861, ADP,1991-01-17,3.53113,3.61712,3.52462,3.61712, ADP,1991-01-18,3.591,3.76949,3.57749,3.75658, ADP,1991-01-21,3.71663,3.72334,3.65056,3.71663, ADP,1991-01-22,3.70342,3.75658,3.69692,3.73675, ADP,1991-01-23,3.71663,3.7763,3.68379,3.75658, ADP,1991-01-24,3.76949,3.82256,3.75658,3.76949, ADP,1991-01-25,3.76949,3.8689,3.76949,3.83616, ADP,1991-01-28,3.82256,3.88252,3.80293,3.8689, ADP,1991-01-29,3.84939,3.88903,3.83616,3.8689, ADP,1991-01-30,3.90224,3.92867,3.88252,3.92217, ADP,1991-01-31,3.88903,3.96842,3.88252,3.96842, ADP,1991-02-01,3.96842,3.96842,3.90224,3.92217, ADP,1991-02-04,3.90224,4.00126,3.88252,3.98814, ADP,1991-02-05,4.08114,4.11428,4.03469,4.07424, ADP,1991-02-06,4.05451,4.20028,4.03469,4.19367, ADP,1991-02-07,4.18065,4.23352,4.15382,4.16063, ADP,1991-02-08,4.1342,4.18065,4.12069,4.18065, ADP,1991-02-11,4.20028,4.29318,4.18065,4.24672, ADP,1991-02-12,4.24672,4.33283,4.18065,4.18065, ADP,1991-02-13,4.17365,4.20688,4.15382,4.18065, ADP,1991-02-14,4.18065,4.25974,4.03469,4.05451, ADP,1991-02-15,4.06823,4.2201,4.06092,4.18065, ADP,1991-02-19,4.17365,4.24672,4.15382,4.24672, ADP,1991-02-20,4.23352,4.23352,4.10086,4.15382, ADP,1991-02-21,4.12069,4.16743,4.12069,4.1342, ADP,1991-02-22,4.10086,4.18065,4.05451,4.06092, ADP,1991-02-25,4.12069,4.20028,4.11428,4.18065, ADP,1991-02-26,4.19367,4.20028,4.06823,4.10086, ADP,1991-02-27,4.12069,4.16743,4.12069,4.16063, ADP,1991-02-28,4.17365,4.20028,4.141,4.141, ADP,1991-03-01,4.12069,4.16063,4.10086,4.15382, ADP,1991-03-04,4.16743,4.2201,4.15382,4.18065, ADP,1991-03-05,4.20028,4.36605,4.18065,4.36605, ADP,1991-03-06,4.38559,4.45226,4.32612,4.35274, ADP,1991-03-07,4.35274,4.35274,4.29998,4.33283, ADP,1991-03-08,4.35274,4.43203,4.33283,4.41241, ADP,1991-03-11,4.36605,4.38559,4.28657,4.28657, ADP,1991-03-12,4.25974,4.29318,4.25974,4.27326, ADP,1991-03-13,4.25974,4.25974,4.2201,4.23352, ADP,1991-03-14,4.25353,4.27326,4.12749,4.15382, ADP,1991-03-15,4.15382,4.16063,4.06092,4.11428, ADP,1991-03-18,4.09445,4.11428,4.07424,4.09445, ADP,1991-03-19,4.07424,4.11428,4.04801,4.06092, ADP,1991-03-20,4.07424,4.08765,3.98814,4.02157, ADP,1991-03-21,4.02818,4.04801,3.99524,4.00847, ADP,1991-03-22,4.00847,4.07424,4.00847,4.05451, ADP,1991-03-25,4.05451,4.07424,4.04801,4.06823, ADP,1991-03-26,4.12749,4.24021,4.12749,4.23352, ADP,1991-03-27,4.23352,4.3199,4.23352,4.28657, ADP,1991-03-28,4.28657,4.3128,4.27996,4.28657, ADP,1991-04-01,4.27326,4.27996,4.23352,4.25353, ADP,1991-04-02,4.24021,4.29318,4.23352,4.29318, ADP,1991-04-03,4.32612,4.41241,4.3128,4.35274, ADP,1991-04-04,4.36605,4.4058,4.32612,4.32612, ADP,1991-04-05,4.32612,4.42572,4.3128,4.32612, ADP,1991-04-08,4.3128,4.46546,4.3128,4.45226, ADP,1991-04-09,4.44535,4.47868,4.34604,4.35274, ADP,1991-04-10,4.33953,4.39929,4.33953,4.39929, ADP,1991-04-11,4.44535,4.63095,4.44535,4.57149, ADP,1991-04-12,4.57819,4.57819,4.51182,4.54486, ADP,1991-04-15,4.57149,4.57149,4.53164,4.56458, ADP,1991-04-16,4.56458,4.63095,4.4851,4.61773, ADP,1991-04-17,4.64417,4.73036,4.63095,4.69722, ADP,1991-04-18,4.67741,4.74367,4.63756,4.71045, ADP,1991-04-19,4.69722,4.69722,4.65758,4.65758, ADP,1991-04-22,4.64417,4.71045,4.63095,4.6708, ADP,1991-04-23,4.69081,4.74367,4.69081,4.71735, ADP,1991-04-24,4.71735,4.71735,4.65758,4.6708, ADP,1991-04-25,4.65758,4.65758,4.57819,4.61074, ADP,1991-04-26,4.61074,4.61074,4.52523,4.57149, ADP,1991-04-29,4.56458,4.60453,4.50501,4.51182, ADP,1991-04-30,4.52523,4.56458,4.52523,4.52523, ADP,1991-05-01,4.52523,4.5915,4.52523,4.54486, ADP,1991-05-02,4.56458,4.5915,4.54486,4.56458, ADP,1991-05-03,4.52523,4.64417,4.52523,4.63095, ADP,1991-05-06,4.5915,4.63095,4.54486,4.5915, ADP,1991-05-07,4.65758,4.79654,4.63095,4.74367, ADP,1991-05-08,4.76341,4.90936,4.73036,4.89605, ADP,1991-05-09,4.89605,4.90936,4.86262,4.90936, ADP,1991-05-10,4.92919,4.92919,4.84298,4.86262, ADP,1991-05-13,4.87603,4.87603,4.77681,4.77681, ADP,1991-05-14,4.79654,4.84298,4.76341,4.77681, ADP,1991-05-15,4.49171,4.52523,4.17365,4.32612, ADP,1991-05-16,4.32612,4.35905,4.00847,4.17365, ADP,1991-05-17,4.14771,4.27996,4.06092,4.17365, ADP,1991-05-20,4.21358,4.23352,3.92867,3.99524, ADP,1991-05-21,4.02818,4.21358,4.02818,4.21358, ADP,1991-05-22,4.24021,4.27996,4.23352,4.25974, ADP,1991-05-23,4.25974,4.32612,4.19367,4.25974, ADP,1991-05-24,4.29318,4.32612,4.27996,4.32612, ADP,1991-05-28,4.3128,4.39929,4.25974,4.35905, ADP,1991-05-29,4.37928,4.47868,4.35905,4.47868, ADP,1991-05-30,4.46546,4.52523,4.37928,4.49171, ADP,1991-05-31,4.47868,4.52523,4.42572,4.52523, ADP,1991-06-03,4.52523,4.63095,4.51182,4.56458, ADP,1991-06-04,4.56458,4.63095,4.51182,4.56458, ADP,1991-06-05,4.54486,4.5915,4.46546,4.47868, ADP,1991-06-06,4.47868,4.47868,4.39929,4.39929, ADP,1991-06-07,4.32612,4.34604,4.19367,4.25974, ADP,1991-06-10,4.25974,4.25974,4.21358,4.21358, ADP,1991-06-11,4.24021,4.27996,4.141,4.22691, ADP,1991-06-12,4.20688,4.22691,4.12069,4.141, ADP,1991-06-13,4.16063,4.27996,4.16063,4.27996, ADP,1991-06-14,4.37246,4.41241,4.27996,4.34604, ADP,1991-06-17,4.30609,4.30609,4.18706,4.24021, ADP,1991-06-18,4.18706,4.25974,4.17365,4.18706, ADP,1991-06-19,4.17365,4.24021,4.10748,4.20688, ADP,1991-06-20,4.18706,4.24021,4.17365,4.22691, ADP,1991-06-21,4.24021,4.30609,4.24021,4.27996, ADP,1991-06-24,4.24021,4.29318,4.17365,4.17365, ADP,1991-06-25,4.18706,4.22691,4.09445,4.10748, ADP,1991-06-26,4.10748,4.24021,4.07424,4.141, ADP,1991-06-27,4.12069,4.35905,4.10748,4.35905, ADP,1991-06-28,4.30609,4.35905,4.27996,4.34604, ADP,1991-07-01,4.32612,4.44535,4.32612,4.42572, ADP,1991-07-02,4.41241,4.57819,4.41241,4.51182, ADP,1991-07-03,4.47197,4.49171,4.42572,4.45847, ADP,1991-07-05,4.45847,4.49171,4.42572,4.45847, ADP,1991-07-08,4.42572,4.47197,4.41241,4.47197, ADP,1991-07-09,4.45847,4.53835,4.42572,4.44535, ADP,1991-07-10,4.47197,4.49171,4.30609,4.35905, ADP,1991-07-11,4.35905,4.39249,4.29318,4.37246, ADP,1991-07-12,4.37246,4.37246,4.27996,4.30609, ADP,1991-07-15,4.30609,4.41241,4.30609,4.39249, ADP,1991-07-16,4.41241,4.41241,4.35905,4.37246, ADP,1991-07-17,4.35905,4.41241,4.35905,4.35905, ADP,1991-07-18,4.37246,4.37246,4.30609,4.32612, ADP,1991-07-19,4.34604,4.39249,4.29318,4.34604, ADP,1991-07-22,4.34604,4.34604,4.32612,4.32612, ADP,1991-07-23,4.29318,4.32612,4.24021,4.25974, ADP,1991-07-24,4.25974,4.32612,4.22691,4.29318, ADP,1991-07-25,4.29318,4.30609,4.25974,4.29318, ADP,1991-07-26,4.27996,4.32612,4.27996,4.27996, ADP,1991-07-29,4.27996,4.39249,4.25974,4.39249, ADP,1991-07-30,4.37246,4.39249,4.32612,4.34604, ADP,1991-07-31,4.30609,4.52523,4.30609,4.52523, ADP,1991-08-01,4.52523,4.52523,4.44535,4.47197, ADP,1991-08-02,4.51182,4.51182,4.41241,4.47197, ADP,1991-08-05,4.45847,4.45847,4.39249,4.41241, ADP,1991-08-06,4.39249,4.64417,4.37246,4.64417, ADP,1991-08-07,4.5915,4.64417,4.55827,4.5915, ADP,1991-08-08,4.57819,4.61074,4.53835,4.5915, ADP,1991-08-09,4.5915,4.5915,4.41241,4.44535, ADP,1991-08-12,4.42572,4.42572,4.35905,4.37246, ADP,1991-08-13,4.42572,4.53835,4.41241,4.52523, ADP,1991-08-14,4.65758,4.65758,4.41241,4.44535, ADP,1991-08-15,4.44535,4.47197,4.37246,4.37246, ADP,1991-08-16,4.37246,4.39249,4.141,4.22691, ADP,1991-08-19,4.0414,4.24021,4.0414,4.18706, ADP,1991-08-20,4.24021,4.25974,4.20688,4.24021, ADP,1991-08-21,4.27996,4.34604,4.25974,4.34604, ADP,1991-08-22,4.39249,4.44535,4.35905,4.41241, ADP,1991-08-23,4.42572,4.53835,4.42572,4.51182, ADP,1991-08-26,4.47197,4.57819,4.42572,4.55827, ADP,1991-08-27,4.55827,4.65758,4.52523,4.62454, ADP,1991-08-28,4.62454,4.64417,4.5915,4.61074, ADP,1991-08-29,4.62454,4.65758,4.57819,4.64417, ADP,1991-08-30,4.64417,4.67741,4.62454,4.67741, ADP,1991-09-03,4.67741,4.74367,4.64417,4.64417, ADP,1991-09-04,4.64417,4.65758,4.47197,4.49171, ADP,1991-09-05,4.51182,4.52523,4.45847,4.49171, ADP,1991-09-06,4.47197,4.49171,4.35905,4.39249, ADP,1991-09-09,4.41241,4.49171,4.41241,4.44535, ADP,1991-09-10,4.47197,4.47197,4.33953,4.37246, ADP,1991-09-11,4.39249,4.41912,4.35274,4.37246, ADP,1991-09-12,4.33953,4.45847,4.33953,4.4058, ADP,1991-09-13,4.4058,4.43923,4.37246,4.41912, ADP,1991-09-16,4.41912,4.43923,4.33953,4.39249, ADP,1991-09-17,4.47197,4.4851,4.4058,4.4058, ADP,1991-09-18,4.39249,4.41912,4.37246,4.4058, ADP,1991-09-19,4.39249,4.43923,4.39249,4.4058, ADP,1991-09-20,4.43923,4.43923,4.39249,4.4058, ADP,1991-09-23,4.4058,4.41912,4.35274,4.4058, ADP,1991-09-24,4.39249,4.55827,4.39249,4.50501, ADP,1991-09-25,4.50501,4.60453,4.47197,4.60453, ADP,1991-09-26,4.5843,4.62454,4.52523,4.52523, ADP,1991-09-27,4.53835,4.55827,4.45847,4.53835, ADP,1991-09-30,4.55827,4.6708,4.53835,4.65758, ADP,1991-10-01,4.65758,4.72356,4.62454,4.72356, ADP,1991-10-02,4.70384,4.90936,4.70384,4.79003, ADP,1991-10-03,4.79003,4.82327,4.74367,4.77021, ADP,1991-10-04,4.77021,4.77021,4.69081,4.69081, ADP,1991-10-07,4.6708,4.69081,4.64417,4.6708, ADP,1991-10-08,4.70384,4.72356,4.60453,4.62454, ADP,1991-10-09,4.79003,4.82327,4.69081,4.79003, ADP,1991-10-10,4.80995,4.8563,4.76341,4.8563, ADP,1991-10-11,4.8563,4.87603,4.82327,4.82327, ADP,1991-10-14,4.87603,4.97564,4.8563,4.93569, ADP,1991-10-15,4.95561,5.19408,4.95561,5.19408, ADP,1991-10-16,5.22731,5.32683,5.16114,5.30661, ADP,1991-10-17,5.32683,5.32683,5.17446,5.22731, ADP,1991-10-18,5.2141,5.28017,5.2141,5.22731, ADP,1991-10-21,5.26015,5.26015,5.17446,5.2141, ADP,1991-10-22,5.17446,5.19408,5.12139,5.12139, ADP,1991-10-23,5.16114,5.2141,5.12139,5.12139, ADP,1991-10-24,5.16114,5.16114,4.97564,5.0284, ADP,1991-10-25,5.0284,5.04201,4.93569,4.97564, ADP,1991-10-28,4.97564,5.00837,4.93569,4.95561, ADP,1991-10-29,4.95561,5.04201,4.90936,5.00837, ADP,1991-10-30,5.0284,5.0284,4.93569,4.97564, ADP,1991-10-31,4.97564,4.97564,4.84298,4.84298, ADP,1991-11-01,4.8563,5.0284,4.79003,4.99535, ADP,1991-11-04,4.92919,4.93569,4.88924,4.92919, ADP,1991-11-05,4.95561,4.99535,4.95561,4.99535, ADP,1991-11-06,4.97564,5.04201,4.97564,5.00837, ADP,1991-11-07,5.05503,5.09477,5.00837,5.09477, ADP,1991-11-08,5.12139,5.2141,5.09477,5.14123, ADP,1991-11-11,5.10808,5.2141,5.10808,5.17446, ADP,1991-11-12,5.17446,5.2141,5.16114,5.19408, ADP,1991-11-13,5.19408,5.19408,5.16114,5.16114, ADP,1991-11-14,5.17446,5.2141,5.16114,5.2141, ADP,1991-11-15,5.19408,5.2141,4.97564,4.97564, ADP,1991-11-18,5.00837,5.05503,4.97564,5.0284, ADP,1991-11-19,4.97564,5.04201,4.84298,4.95561, ADP,1991-11-20,5.04201,5.04201,4.99535,5.00837, ADP,1991-11-21,5.00837,5.05503,4.97564,5.05503, ADP,1991-11-22,5.0284,5.0284,4.92919,4.93569, ADP,1991-11-25,4.97564,5.04201,4.95561,5.00837, ADP,1991-11-26,4.99535,5.05503,4.95561,5.04201, ADP,1991-11-27,5.04201,5.07494,4.99535,5.05503, ADP,1991-11-29,4.97564,4.99535,4.92919,4.95561, ADP,1991-12-02,4.88924,5.0284,4.88924,5.0284, ADP,1991-12-03,5.05503,5.09477,4.99535,5.0284, ADP,1991-12-04,5.04201,5.04201,4.90936,5.0284, ADP,1991-12-05,4.99535,5.0284,4.95561,4.99535, ADP,1991-12-06,4.99535,5.04201,4.97564,4.97564, ADP,1991-12-09,5.0284,5.07494,4.99535,5.00837, ADP,1991-12-10,4.97564,5.16114,4.97564,5.14123, ADP,1991-12-11,5.14123,5.16735,5.06833,5.10808, ADP,1991-12-12,5.10808,5.16114,5.05503,5.14123, ADP,1991-12-13,5.2074,5.28698,5.16735,5.22731, ADP,1991-12-16,5.24014,5.28698,5.16735,5.22731, ADP,1991-12-17,5.26015,5.26015,5.2074,5.2074, ADP,1991-12-18,5.22731,5.27347,5.2074,5.24014, ADP,1991-12-19,5.2074,5.26015,5.16735,5.22731, ADP,1991-12-20,5.34635,5.37317,5.27347,5.35316, ADP,1991-12-23,5.37317,5.52515,5.34635,5.51204, ADP,1991-12-24,5.57811,5.744,5.55848,5.63797, ADP,1991-12-26,5.61135,5.87673,5.61135,5.8436, ADP,1991-12-27,5.86342,5.91638,5.79735,5.89637, ADP,1991-12-30,5.86342,6.18128,5.8436,6.18128, ADP,1991-12-31,6.14824,6.22783,5.98245,6.1084, ADP,1992-01-02,6.04883,6.06195,5.86342,5.98245, ADP,1992-01-03,6.01559,6.08167,5.94291,5.98245, ADP,1992-01-06,5.87673,5.9297,5.67772,5.9297, ADP,1992-01-07,5.81007,5.91638,5.79735,5.81007, ADP,1992-01-08,5.7573,5.98245,5.744,5.89637, ADP,1992-01-09,5.87673,6.04883,5.86342,6.01559, ADP,1992-01-10,6.02881,6.06195,5.98245,6.06195, ADP,1992-01-13,6.02881,6.04883,5.91638,5.9297, ADP,1992-01-14,5.94291,6.14824,5.9297,6.14824, ADP,1992-01-15,6.21452,6.58543,6.20109,6.58543, ADP,1992-01-16,6.51254,6.53238,6.31383,6.34725, ADP,1992-01-17,6.24755,6.30091,6.14824,6.20109, ADP,1992-01-20,6.1084,6.14824,6.04883,6.1084, ADP,1992-01-21,6.10179,6.10179,5.61135,5.86342, ADP,1992-01-22,5.89637,5.98245,5.86342,5.94291, ADP,1992-01-23,5.98245,6.14824,5.98245,6.04883, ADP,1992-01-24,6.04883,6.04883,5.8436,5.87673, ADP,1992-01-27,5.89637,5.91638,5.81007,5.8436, ADP,1992-01-28,5.82338,5.89637,5.7573,5.77733, ADP,1992-01-29,5.77733,5.8436,5.744,5.82338, ADP,1992-01-30,5.86342,5.91638,5.81007,5.89637, ADP,1992-01-31,5.86342,5.87673,5.744,5.744, ADP,1992-02-03,5.77733,5.9297,5.71085,5.91638, ADP,1992-02-04,5.89637,6.10179,5.86342,6.02881, ADP,1992-02-05,6.01559,6.18128,5.99588,6.14824, ADP,1992-02-06,6.14824,6.24755,6.06195,6.21452, ADP,1992-02-07,6.18128,6.21452,6.06195,6.16127, ADP,1992-02-10,6.21452,6.31383,6.18128,6.30091, ADP,1992-02-11,6.31383,6.34725,6.24755,6.30091, ADP,1992-02-12,6.28079,6.30091,6.18128,6.26738, ADP,1992-02-13,6.28079,6.30091,6.1084,6.14824, ADP,1992-02-14,6.08167,6.1084,6.01559,6.06195, ADP,1992-02-18,6.12841,6.18128,6.02881,6.04883, ADP,1992-02-19,6.08167,6.14824,6.06195,6.12841, ADP,1992-02-20,6.14824,6.24755,6.1084,6.24755, ADP,1992-02-21,6.24755,6.24755,6.12841,6.12841, ADP,1992-02-24,6.16127,6.30091,6.10179,6.21452, ADP,1992-02-25,6.20109,6.21452,5.94291,6.02881, ADP,1992-02-26,6.04883,6.18128,6.04883,6.08167, ADP,1992-02-27,6.1084,6.1084,5.99588,6.01559, ADP,1992-02-28,5.94291,6.01559,5.9297,5.94291, ADP,1992-03-02,5.99588,6.01559,5.89637,5.91638, ADP,1992-03-03,5.9297,5.99588,5.86342,5.9297, ADP,1992-03-04,5.9297,6.01559,5.89637,5.89637, ADP,1992-03-05,5.87673,5.87673,5.69764,5.7573, ADP,1992-03-06,5.77733,5.8436,5.77733,5.81007, ADP,1992-03-09,5.82338,5.82338,5.71085,5.73088, ADP,1992-03-10,5.77042,5.77042,5.69093,5.72407, ADP,1992-03-11,5.81007,5.8436,5.7573,5.82338, ADP,1992-03-12,5.96294,5.97594,5.88966,5.90977, ADP,1992-03-13,5.98916,6.07506,5.94291,6.04883, ADP,1992-03-16,6.02881,6.06195,5.98916,6.06195, ADP,1992-03-17,6.07506,6.22783,6.07506,6.21452, ADP,1992-03-18,6.36659,6.3803,6.24755,6.28079, ADP,1992-03-19,6.26738,6.26738,6.16127,6.21452, ADP,1992-03-20,6.17457,6.21452,6.16127,6.19449, ADP,1992-03-23,6.16127,6.17457,6.14824,6.17457, ADP,1992-03-24,6.17457,6.19449,6.16127,6.19449, ADP,1992-03-25,6.19449,6.24755,6.19449,6.22783, ADP,1992-03-26,6.24755,6.33385,6.21452,6.28079, ADP,1992-03-27,6.26738,6.26738,6.14824,6.17457, ADP,1992-03-30,6.17457,6.17457,6.12841,6.12841, ADP,1992-03-31,6.12841,6.14824,6.06195,6.12841, ADP,1992-04-01,6.12841,6.12841,6.02881,6.02881, ADP,1992-04-02,6.04883,6.04883,5.88966,5.90977, ADP,1992-04-03,5.9297,5.9297,5.8436,5.86963, ADP,1992-04-06,5.86963,5.96294,5.86963,5.94291, ADP,1992-04-07,5.94291,5.96294,5.88966,5.88966, ADP,1992-04-08,5.88966,5.88966,5.7573,5.81007, ADP,1992-04-09,5.8436,5.86342,5.744,5.79034, ADP,1992-04-10,5.9297,5.9297,5.86963,5.90977, ADP,1992-04-13,5.90977,5.90977,5.86342,5.86342, ADP,1992-04-14,5.86963,6.07506,5.86963,6.07506, ADP,1992-04-15,6.16127,6.33385,6.14824,6.22783, ADP,1992-04-16,6.22783,6.26738,6.1084,6.26738, ADP,1992-04-20,6.21452,6.21452,6.07506,6.17457, ADP,1992-04-21,6.17457,6.26738,6.16127,6.26738, ADP,1992-04-22,6.26738,6.2938,6.19449,6.28079, ADP,1992-04-23,6.2938,6.31383,6.14824,6.26738, ADP,1992-04-24,6.28079,6.2938,6.1084,6.14824, ADP,1992-04-27,6.16127,6.16127,6.04883,6.1084, ADP,1992-04-28,6.14824,6.14824,6.02881,6.09499, ADP,1992-04-29,6.09499,6.09499,5.96294,6.04883, ADP,1992-04-30,6.09499,6.12841,6.04883,6.1084, ADP,1992-05-01,6.17457,6.22783,6.14824,6.17457, ADP,1992-05-04,6.21452,6.24755,6.16127,6.24755, ADP,1992-05-05,6.21452,6.31383,6.17457,6.28079, ADP,1992-05-06,6.31383,6.41323,6.2938,6.39361, ADP,1992-05-07,6.3803,6.39361,6.34725,6.34725, ADP,1992-05-08,6.36659,6.45959,6.33385,6.45268, ADP,1992-05-11,6.45959,6.49924,6.41323,6.45959, ADP,1992-05-12,6.45959,6.53238,6.43306,6.45268, ADP,1992-05-13,6.49924,6.51254,6.45268,6.4799, ADP,1992-05-14,6.39361,6.41323,6.2938,6.34725, ADP,1992-05-15,6.26738,6.26738,6.16127,6.17457, ADP,1992-05-18,6.24755,6.26738,6.14824,6.22783, ADP,1992-05-19,6.21452,6.22783,6.12841,6.22783, ADP,1992-05-20,6.22783,6.2938,6.19449,6.19449, ADP,1992-05-21,6.19449,6.19449,6.09499,6.14824, ADP,1992-05-22,6.16127,6.16127,6.09499,6.12841, ADP,1992-05-26,6.09499,6.1084,6.00889,6.06195, ADP,1992-05-27,6.02881,6.06195,5.98916,6.02881, ADP,1992-05-28,6.04883,6.09499,6.00889,6.09499, ADP,1992-05-29,6.1084,6.16127,6.07506,6.12841, ADP,1992-06-01,6.17457,6.17457,6.1084,6.14824, ADP,1992-06-02,6.16127,6.19449,6.05554,6.07506, ADP,1992-06-03,6.07506,6.16127,6.04232,6.05554, ADP,1992-06-04,6.09499,6.1084,6.05554,6.1084, ADP,1992-06-05,6.09499,6.09499,6.02881,6.09499, ADP,1992-06-08,6.12841,6.19449,6.09499,6.1084, ADP,1992-06-09,6.1084,6.16127,6.09499,6.09499, ADP,1992-06-10,6.09499,6.12841,6.07506,6.07506, ADP,1992-06-11,6.07506,6.1084,6.02881,6.1084, ADP,1992-06-12,6.17457,6.17457,6.04232,6.04232, ADP,1992-06-15,6.00889,6.1084,6.00889,6.07506, ADP,1992-06-16,6.09499,6.1084,5.81007,5.82338, ADP,1992-06-17,5.73729,5.73729,5.58522,5.63797, ADP,1992-06-18,5.63797,5.77042,5.62477,5.73729, ADP,1992-06-19,5.72407,5.77042,5.69093,5.70425, ADP,1992-06-22,5.73729,5.73729,5.5718,5.60513, ADP,1992-06-23,5.60513,5.72407,5.60513,5.70425, ADP,1992-06-24,5.72407,5.7573,5.63797,5.67092, ADP,1992-06-25,5.67092,5.70425,5.5718,5.63797, ADP,1992-06-26,5.65109,5.70425,5.63797,5.70425, ADP,1992-06-29,5.67092,5.82338,5.67092,5.81007, ADP,1992-06-30,5.8367,5.8367,5.73729,5.77042, ADP,1992-07-01,5.79034,5.81007,5.73729,5.81007, ADP,1992-07-02,5.85681,5.90977,5.7573,5.77042, ADP,1992-07-06,5.77042,5.77042,5.63797,5.69093, ADP,1992-07-07,5.60513,5.63797,5.22731,5.33304, ADP,1992-07-08,5.3002,5.46579,5.3002,5.46579, ADP,1992-07-09,5.4858,5.67092,5.4858,5.67092, ADP,1992-07-10,5.67092,5.67092,5.5718,5.5718, ADP,1992-07-13,5.5718,5.58522,5.46579,5.58522, ADP,1992-07-14,5.50572,5.70425,5.4858,5.60513, ADP,1992-07-15,5.60513,5.63797,5.53225,5.62477, ADP,1992-07-16,5.60513,5.63797,5.58522,5.60513, ADP,1992-07-17,5.58522,5.67092,5.55188,5.67092, ADP,1992-07-20,5.60513,5.67092,5.58522,5.63797, ADP,1992-07-21,5.67092,5.7573,5.65109,5.72407, ADP,1992-07-22,5.69093,5.72407,5.65109,5.72407, ADP,1992-07-23,5.7573,5.82338,5.72407,5.82338, ADP,1992-07-24,5.81007,5.82338,5.7573,5.7573, ADP,1992-07-27,5.73729,5.73729,5.69093,5.70425, ADP,1992-07-28,5.67092,5.90977,5.67092,5.86963, ADP,1992-07-29,5.90977,6.00889,5.90977,5.95573, ADP,1992-07-30,5.93582,6.00889,5.88966,5.98916, ADP,1992-07-31,6.02881,6.05554,6.00889,6.05554, ADP,1992-08-03,6.05554,6.05554,5.98916,6.04232, ADP,1992-08-04,6.04232,6.07506,6.02881,6.07506, ADP,1992-08-05,6.04232,6.12841,6.04232,6.05554, ADP,1992-08-06,6.05554,6.1084,6.04232,6.05554, ADP,1992-08-07,6.04232,6.05554,5.93582,5.97594, ADP,1992-08-10,5.93582,5.95573,5.90977,5.95573, ADP,1992-08-11,5.98916,6.00889,5.88966,5.90977, ADP,1992-08-12,5.9297,6.00889,5.90977,5.97594, ADP,1992-08-13,6.00889,6.05554,5.93582,5.97594, ADP,1992-08-14,5.98916,6.00889,5.95573,5.98916, ADP,1992-08-17,5.98916,6.04232,5.97594,6.00889, ADP,1992-08-18,6.02881,6.04232,5.93582,5.97594, ADP,1992-08-19,5.97594,5.98916,5.90977,5.95573, ADP,1992-08-20,5.95573,6.02881,5.95573,5.97594, ADP,1992-08-21,6.02881,6.05554,5.9297,5.9297, ADP,1992-08-24,5.88966,5.90977,5.8367,5.8367, ADP,1992-08-25,5.82338,5.85681,5.81007,5.82338, ADP,1992-08-26,5.8367,5.85681,5.81007,5.82338, ADP,1992-08-27,5.8367,5.8367,5.81007,5.81007, ADP,1992-08-28,5.82338,5.8367,5.81007,5.82338, ADP,1992-08-31,5.8367,5.8367,5.81007,5.82338, ADP,1992-09-01,5.8367,5.90977,5.81007,5.85681, ADP,1992-09-02,5.8367,5.98916,5.81007,5.98916, ADP,1992-09-03,5.98916,6.09499,5.97594,6.05554, ADP,1992-09-04,6.09499,6.12841,6.04232,6.09499, ADP,1992-09-08,6.1084,6.22783,6.09499,6.19449, ADP,1992-09-09,6.21452,6.24074,6.19449,6.22783, ADP,1992-09-10,6.21452,6.33385,6.21452,6.33385, ADP,1992-09-11,6.33385,6.36027,6.31383,6.34016, ADP,1992-09-14,6.36027,6.41323,6.26087,6.39361, ADP,1992-09-15,6.34016,6.39361,6.2938,6.2938, ADP,1992-09-16,6.26087,6.31383,6.22783,6.31383, ADP,1992-09-17,6.33385,6.34016,6.28079,6.34016, ADP,1992-09-18,6.43306,6.43306,6.36027,6.3803, ADP,1992-09-21,6.36027,6.41323,6.34016,6.3803, ADP,1992-09-22,6.36027,6.3803,6.28079,6.31383, ADP,1992-09-23,6.34016,6.43306,6.34016,6.41323, ADP,1992-09-24,6.41323,6.43306,6.2938,6.33385, ADP,1992-09-25,6.33385,6.39361,6.28079,6.31383, ADP,1992-09-28,6.28079,6.34016,6.26087,6.34016, ADP,1992-09-29,6.33385,6.3803,6.31383,6.36027, ADP,1992-09-30,6.36027,6.45959,6.34016,6.41323, ADP,1992-10-01,6.41323,6.43306,6.33385,6.43306, ADP,1992-10-02,6.43306,6.43306,6.26087,6.28079, ADP,1992-10-05,6.26087,6.31383,6.04232,6.31383, ADP,1992-10-06,6.33385,6.34016,6.24074,6.28079, ADP,1992-10-07,6.31383,6.31383,6.16127,6.21452, ADP,1992-10-08,6.24074,6.34016,6.24074,6.34016, ADP,1992-10-09,6.33385,6.34016,6.19449,6.19449, ADP,1992-10-12,6.21452,6.26087,6.19449,6.24074, ADP,1992-10-13,6.24074,6.24074,6.19449,6.21452, ADP,1992-10-14,6.21452,6.21452,6.17457,6.21452, ADP,1992-10-15,6.12162,6.24074,6.1084,6.22783, ADP,1992-10-16,6.22783,6.24074,6.21452,6.24074, ADP,1992-10-19,6.22783,6.28079,6.22783,6.28079, ADP,1992-10-20,6.2938,6.34016,6.2938,6.34016, ADP,1992-10-21,6.33385,6.41323,6.33385,6.39361, ADP,1992-10-22,6.39361,6.45959,6.36027,6.44647, ADP,1992-10-23,6.45959,6.49924,6.39361,6.43306, ADP,1992-10-26,6.3803,6.41323,6.31383,6.39361, ADP,1992-10-27,6.3803,6.39361,6.33385,6.34016, ADP,1992-10-28,6.36027,6.53238,6.34016,6.53238, ADP,1992-10-29,6.49924,6.53238,6.4799,6.53238, ADP,1992-10-30,6.56551,6.59825,6.51254,6.55239, ADP,1992-11-02,6.55239,6.61846,6.49924,6.61846, ADP,1992-11-03,6.61846,6.71808,6.61846,6.652, ADP,1992-11-04,6.652,6.77093,6.61846,6.75122, ADP,1992-11-05,6.77093,6.90329,6.77093,6.90329, ADP,1992-11-06,6.87015,6.93682,6.81719,6.87015, ADP,1992-11-09,6.8373,6.90329,6.80397,6.81719, ADP,1992-11-10,6.85703,6.88375,6.81719,6.87015, ADP,1992-11-11,6.87015,6.88375,6.81719,6.8373, ADP,1992-11-12,6.80397,6.81719,6.77093,6.80397, ADP,1992-11-13,6.78415,6.81719,6.78415,6.78415, ADP,1992-11-16,6.78415,6.81719,6.77093,6.78415, ADP,1992-11-17,6.80397,6.87015,6.78415,6.80397, ADP,1992-11-18,6.8373,6.88375,6.81719,6.8373, ADP,1992-11-19,6.8373,6.87015,6.80397,6.85703, ADP,1992-11-20,6.88375,6.88375,6.80397,6.87015, ADP,1992-11-23,6.87015,6.87015,6.85703,6.85703, ADP,1992-11-24,6.87015,6.95624,6.87015,6.95624, ADP,1992-11-25,6.9231,7.00329,6.9231,6.97597, ADP,1992-11-27,7.00329,7.05506,6.97597,7.02242, ADP,1992-11-30,7.03613,7.07607,7.00329,7.07607, ADP,1992-12-01,7.0958,7.15486,7.07607,7.14184, ADP,1992-12-02,7.0958,7.0958,6.9231,6.9231, ADP,1992-12-03,6.95624,7.1022,6.93682,7.07607, ADP,1992-12-04,7.07607,7.1022,7.02242,7.0958, ADP,1992-12-07,7.1022,7.14184,7.05506,7.14184, ADP,1992-12-08,7.14184,7.15486,7.06838,7.12203, ADP,1992-12-09,7.05506,7.15486,7.05506,7.15486, ADP,1992-12-10,7.12203,7.17557,7.1022,7.12203, ADP,1992-12-11,7.08899,7.24156,7.06838,7.1022, ADP,1992-12-14,7.1022,7.15486,7.06838,7.08899, ADP,1992-12-15,7.08899,7.1022,7.05506,7.08899, ADP,1992-12-16,7.12203,7.17557,7.1022,7.12203, ADP,1992-12-17,7.14184,7.27429,7.1022,7.27429, ADP,1992-12-18,7.32736,7.39343,7.30683,7.38051, ADP,1992-12-21,7.3604,7.54601,7.34047,7.4463, ADP,1992-12-22,7.48002,7.49965,7.39343,7.4602, ADP,1992-12-23,7.4463,7.48002,7.38051,7.38051, ADP,1992-12-24,7.39343,7.40744,7.30683,7.3604, ADP,1992-12-28,7.40744,7.4602,7.38051,7.4602, ADP,1992-12-29,7.4463,7.4602,7.32736,7.38051, ADP,1992-12-30,7.30683,7.3604,7.27429,7.29451, ADP,1992-12-31,7.26108,7.26108,7.1883,7.20822, ADP,1993-01-04,7.22203,7.26108,7.00329,7.00329, ADP,1993-01-05,7.03613,7.15486,6.98277,7.15486, ADP,1993-01-06,7.15486,7.20822,7.15486,7.1883, ADP,1993-01-07,7.1883,7.20822,7.08899,7.14184, ADP,1993-01-08,7.12203,7.12203,6.98277,7.02242, ADP,1993-01-11,6.98277,7.00329,6.9231,6.95624, ADP,1993-01-12,6.95624,6.95624,6.81719,6.88375, ADP,1993-01-13,6.88375,6.90329,6.80397,6.90329, ADP,1993-01-14,6.98277,7.27429,6.96906,7.27429, ADP,1993-01-15,7.24156,7.30683,7.15486,7.22203, ADP,1993-01-18,7.17557,7.20822,7.1022,7.1883, ADP,1993-01-19,7.1883,7.20822,7.08899,7.12203, ADP,1993-01-20,7.12203,7.12203,7.02242,7.03613, ADP,1993-01-21,7.06838,7.12203,7.03613,7.1022, ADP,1993-01-22,7.1022,7.1022,7.03613,7.03613, ADP,1993-01-25,7.05506,7.14184,7.03613,7.1022, ADP,1993-01-26,7.1022,7.17557,7.08899,7.15486, ADP,1993-01-27,7.15486,7.15486,6.98277,7.00329, ADP,1993-01-28,7.00329,7.00329,6.88375,6.90329, ADP,1993-01-29,6.9231,7.02242,6.85062,6.96906, ADP,1993-02-01,7.08899,7.14184,7.05506,7.12203, ADP,1993-02-02,7.14184,7.17557,7.12203,7.17557, ADP,1993-02-03,7.1883,7.42726,7.17557,7.38051, ADP,1993-02-04,7.42726,7.48002,7.39343,7.4602, ADP,1993-02-05,7.48002,7.52617,7.4602,7.52617, ADP,1993-02-08,7.49965,7.57923,7.4602,7.54601, ADP,1993-02-09,7.51325,7.51325,7.4602,7.48002, ADP,1993-02-10,7.4602,7.52617,7.4602,7.49965, ADP,1993-02-11,7.51325,7.54601,7.4602,7.49965, ADP,1993-02-12,7.49965,7.49965,7.42726,7.4602, ADP,1993-02-16,7.42726,7.4602,7.27429,7.29451, ADP,1993-02-17,7.27429,7.32736,7.17557,7.1883, ADP,1993-02-18,7.29451,7.38051,7.29451,7.32736, ADP,1993-02-19,7.34047,7.49965,7.34047,7.4463, ADP,1993-02-22,7.4602,7.49965,7.4463,7.49965, ADP,1993-02-23,7.51325,7.51325,7.42726,7.4463, ADP,1993-02-24,7.42726,7.42726,7.1883,7.39343, ADP,1993-02-25,7.42726,7.4602,7.3604,7.39343, ADP,1993-02-26,7.40744,7.40744,7.26108,7.30683, ADP,1993-03-01,7.29451,7.32736,7.27429,7.29451, ADP,1993-03-02,7.26108,7.39343,7.26108,7.39343, ADP,1993-03-03,7.3604,7.3604,7.27429,7.30683, ADP,1993-03-04,7.30683,7.30683,7.20822,7.26108, ADP,1993-03-05,7.22203,7.29451,7.22203,7.26108, ADP,1993-03-08,7.32736,7.50616,7.28772,7.50616, ADP,1993-03-09,7.52617,7.62509,7.4463,7.49965, ADP,1993-03-10,7.4602,7.50616,7.42726,7.50616, ADP,1993-03-11,7.50616,7.59975,7.4463,7.4463, ADP,1993-03-12,7.4463,7.4463,7.32736,7.38051, ADP,1993-03-15,7.38051,7.38051,7.32736,7.3604, ADP,1993-03-16,7.38051,7.38673,7.24156,7.26108, ADP,1993-03-17,7.26108,7.27429,7.22203,7.27429, ADP,1993-03-18,7.28772,7.32736,7.20822,7.24156, ADP,1993-03-19,7.26108,7.26108,7.04934,7.06838, ADP,1993-03-22,7.06838,7.1022,7.03613,7.03613, ADP,1993-03-23,7.04934,7.06838,6.91679,6.91679, ADP,1993-03-24,6.98277,7.00329,6.86374,6.96906, ADP,1993-03-25,6.96906,7.15486,6.95002,7.12203, ADP,1993-03-26,7.15486,7.15486,7.06838,7.06838, ADP,1993-03-29,7.12203,7.22203,7.12203,7.14184, ADP,1993-03-30,7.1022,7.15486,7.06838,7.14184, ADP,1993-03-31,7.14184,7.16819,7.1022,7.1022, ADP,1993-04-01,7.14184,7.15486,7.04934,7.15486, ADP,1993-04-02,7.08899,7.14184,7.06838,7.12203, ADP,1993-04-05,7.14184,7.1883,7.00329,7.06838, ADP,1993-04-06,7.03613,7.04934,6.78415,6.8306, ADP,1993-04-07,6.86374,6.90329,6.8306,6.90329, ADP,1993-04-08,6.86374,6.90329,6.67803,6.78415, ADP,1993-04-12,6.79707,6.96906,6.79707,6.90329, ADP,1993-04-13,7.00329,7.1022,7.00329,7.06838, ADP,1993-04-14,7.03613,7.06838,7.00329,7.06838, ADP,1993-04-15,7.04934,7.06838,6.88375,6.92931, ADP,1993-04-16,6.92931,6.92931,6.49283,6.59224, ADP,1993-04-19,6.61176,6.67803,6.52576,6.52576, ADP,1993-04-20,6.52576,6.59224,6.40643,6.5589, ADP,1993-04-21,6.5589,6.78415,6.47271,6.76442, ADP,1993-04-22,6.73108,6.74431,6.63188,6.66472, ADP,1993-04-23,6.63188,6.6447,6.45268,6.52576, ADP,1993-04-26,6.52576,6.57221,6.49283,6.57221, ADP,1993-04-27,6.57221,6.66472,6.52576,6.66472, ADP,1993-04-28,6.6447,6.69135,6.57221,6.69135, ADP,1993-04-29,6.69135,6.69135,6.61176,6.6447, ADP,1993-04-30,6.66472,6.74431,6.66472,6.69135, ADP,1993-05-03,6.73108,6.73108,6.6447,6.69135, ADP,1993-05-04,6.73108,6.79707,6.71117,6.76442, ADP,1993-05-05,6.78415,6.78415,6.74431,6.76442, ADP,1993-05-06,6.74431,6.76442,6.73108,6.76442, ADP,1993-05-07,6.76442,6.76442,6.71117,6.71117, ADP,1993-05-10,6.69135,6.78415,6.69135,6.71117, ADP,1993-05-11,6.69135,6.73108,6.67803,6.73108, ADP,1993-05-12,6.69135,6.71117,6.66472,6.67803, ADP,1993-05-13,6.63188,6.6447,6.59224,6.63188, ADP,1993-05-14,6.63188,6.67803,6.61176,6.61176, ADP,1993-05-17,6.59224,6.6447,6.57221,6.63188, ADP,1993-05-18,6.57221,6.61176,6.5589,6.59224, ADP,1993-05-19,6.57221,6.76442,6.54568,6.76442, ADP,1993-05-20,6.76442,6.78415,6.74431,6.78415, ADP,1993-05-21,6.78415,6.78415,6.73108,6.76442, ADP,1993-05-24,6.74431,6.81088,6.74431,6.81088, ADP,1993-05-25,6.85062,6.88375,6.81088,6.85062, ADP,1993-05-26,6.85062,6.86374,6.74431,6.85062, ADP,1993-05-27,6.86374,6.86374,6.69135,6.73108, ADP,1993-05-28,6.74431,6.74431,6.54568,6.59224, ADP,1993-06-01,6.6447,6.74431,6.63188,6.73108, ADP,1993-06-02,6.69135,6.76442,6.67803,6.71117, ADP,1993-06-03,6.67803,6.74431,6.67803,6.74431, ADP,1993-06-04,6.71117,6.76442,6.69135,6.74431, ADP,1993-06-07,6.78415,6.8306,6.73108,6.74431, ADP,1993-06-08,6.73108,6.76442,6.71117,6.73108, ADP,1993-06-09,6.73108,6.73108,6.69135,6.71117, ADP,1993-06-10,6.71117,6.73108,6.68474,6.69135, ADP,1993-06-11,6.74431,6.78415,6.69135,6.71117, ADP,1993-06-14,6.71117,6.73108,6.68474,6.71117, ADP,1993-06-15,6.74431,6.78415,6.69135,6.71117, ADP,1993-06-16,6.71117,6.73108,6.61176,6.68474, ADP,1993-06-17,6.71117,6.71117,6.45268,6.47271, ADP,1993-06-18,6.49283,6.51254,6.40643,6.40643, ADP,1993-06-21,6.40643,6.47271,6.40643,6.45268, ADP,1993-06-22,6.49283,6.51254,6.39361,6.40643, ADP,1993-06-23,6.40643,6.49283,6.40643,6.47271, ADP,1993-06-24,6.47271,6.66472,6.47271,6.6447, ADP,1993-06-25,6.63188,6.63188,6.56551,6.56551, ADP,1993-06-28,6.56551,6.57221,6.54568,6.56551, ADP,1993-06-29,6.56551,6.57221,6.54568,6.54568, ADP,1993-06-30,6.54568,6.57221,6.51254,6.54568, ADP,1993-07-01,6.52576,6.6447,6.52576,6.61176, ADP,1993-07-02,6.63188,6.69135,6.63188,6.66472, ADP,1993-07-06,6.66472,6.66472,6.42635,6.45268, ADP,1993-07-07,6.47271,6.49283,6.40643,6.43937, ADP,1993-07-08,6.42635,6.49283,6.40643,6.47271, ADP,1993-07-09,6.47271,6.49283,6.43937,6.47271, ADP,1993-07-12,6.47271,6.57221,6.43937,6.57221, ADP,1993-07-13,6.57221,6.63188,6.54568,6.56551, ADP,1993-07-14,6.57221,6.71117,6.54568,6.68474, ADP,1993-07-15,6.66472,6.68474,6.6447,6.66472, ADP,1993-07-16,6.68474,6.68474,6.63188,6.66472, ADP,1993-07-19,6.66472,6.66472,6.61176,6.6447, ADP,1993-07-20,6.63188,6.66472,6.59224,6.66472, ADP,1993-07-21,6.68474,6.69135,6.63188,6.6447, ADP,1993-07-22,6.66472,6.66472,6.63188,6.66472, ADP,1993-07-23,6.6447,6.71117,6.6447,6.71117, ADP,1993-07-26,6.69135,6.78415,6.69135,6.76442, ADP,1993-07-27,6.78415,6.80397,6.74431,6.80397, ADP,1993-07-28,6.80397,6.81088,6.73108,6.73108, ADP,1993-07-29,6.74431,6.80397,6.73108,6.78415, ADP,1993-07-30,6.80397,6.86374,6.74431,6.78415, ADP,1993-08-02,6.78415,6.8306,6.73108,6.78415, ADP,1993-08-03,6.71117,6.73108,6.69135,6.73108, ADP,1993-08-04,6.69135,6.73108,6.68474,6.71117, ADP,1993-08-05,6.71117,6.81088,6.68474,6.81088, ADP,1993-08-06,6.8306,6.85062,6.81088,6.85062, ADP,1993-08-09,6.86374,7.02242,6.85062,7.02242, ADP,1993-08-10,6.98277,7.00329,6.95002,6.96906, ADP,1993-08-11,6.9231,6.95002,6.90329,6.93682, ADP,1993-08-12,6.90329,6.93682,6.86374,6.90329, ADP,1993-08-13,6.95002,6.95002,6.90329,6.93682, ADP,1993-08-16,6.93682,7.02242,6.9231,7.00329, ADP,1993-08-17,7.03613,7.03613,6.80397,6.80397, ADP,1993-08-18,6.80397,6.81088,6.73108,6.73108, ADP,1993-08-19,6.73108,6.73108,6.59224,6.59224, ADP,1993-08-20,6.6447,6.6447,6.56551,6.61176, ADP,1993-08-23,6.63188,6.6447,6.59224,6.61176, ADP,1993-08-24,6.6447,6.69135,6.63188,6.68474, ADP,1993-08-25,6.66472,6.68474,6.54568,6.54568, ADP,1993-08-26,6.61176,6.6447,6.56551,6.61176, ADP,1993-08-27,6.57221,6.63188,6.49283,6.51254, ADP,1993-08-30,6.52576,6.61176,6.52576,6.61176, ADP,1993-08-31,6.6447,6.66472,6.59224,6.6447, ADP,1993-09-01,6.6447,6.68474,6.59224,6.61176, ADP,1993-09-02,6.57221,6.61176,6.51254,6.59224, ADP,1993-09-03,6.59224,6.71117,6.59224,6.68474, ADP,1993-09-07,6.66472,6.71117,6.6447,6.6447, ADP,1993-09-08,6.63188,6.66472,6.57221,6.63188, ADP,1993-09-09,6.63188,6.66472,6.59224,6.61176, ADP,1993-09-10,6.63188,6.71117,6.61176,6.69805, ADP,1993-09-13,6.69805,6.80397,6.69805,6.73108, ADP,1993-09-14,6.68474,6.69805,6.61176,6.66472, ADP,1993-09-15,6.6447,6.78415,6.59224,6.76442, ADP,1993-09-16,6.80397,6.8373,6.74431,6.78415, ADP,1993-09-17,6.68474,6.73108,6.68474,6.73108, ADP,1993-09-20,6.69805,6.81719,6.69805,6.78415, ADP,1993-09-21,6.78415,6.78415,6.71117,6.73108, ADP,1993-09-22,6.71117,6.90329,6.71117,6.88375, ADP,1993-09-23,6.9231,7.03613,6.90329,7.03613, ADP,1993-09-24,7.02242,7.05506,6.96906,7.00329, ADP,1993-09-27,7.00329,7.12203,6.96906,7.12203, ADP,1993-09-28,7.1022,7.19451,7.1022,7.12203, ADP,1993-09-29,7.12203,7.14184,7.03613,7.05506, ADP,1993-09-30,7.05506,7.07607,6.86374,6.86374, ADP,1993-10-01,6.86374,6.9231,6.78415,6.85062, ADP,1993-10-04,6.86374,6.88375,6.81719,6.86374, ADP,1993-10-05,6.88375,6.98277,6.81719,6.86374, ADP,1993-10-06,6.90329,7.00329,6.88375,6.9231, ADP,1993-10-07,6.95624,6.95624,6.90329,6.9231, ADP,1993-10-08,6.93682,6.96906,6.85062,6.9231, ADP,1993-10-11,6.96906,6.96906,6.90329,6.9231, ADP,1993-10-12,6.95624,6.95624,6.86374,6.86374, ADP,1993-10-13,6.86374,6.96906,6.8373,6.95624, ADP,1993-10-14,7.00329,7.1022,6.98277,7.0958, ADP,1993-10-15,7.14184,7.26108,7.12203,7.22833, ADP,1993-10-18,7.19451,7.27429,7.17557,7.24156, ADP,1993-10-19,7.22833,7.24156,7.17557,7.22833, ADP,1993-10-20,7.19451,7.19451,7.0958,7.14184, ADP,1993-10-21,7.17557,7.21424,7.14184,7.17557, ADP,1993-10-22,7.19451,7.26108,7.17557,7.22833, ADP,1993-10-25,7.24156,7.24156,7.17557,7.22833, ADP,1993-10-26,7.21424,7.22833,7.19451,7.21424, ADP,1993-10-27,7.22833,7.26108,7.19451,7.26108, ADP,1993-10-28,7.26108,7.38051,7.26108,7.29451, ADP,1993-10-29,7.29451,7.33396,7.27429,7.29451, ADP,1993-11-01,7.26108,7.29451,7.22833,7.27429, ADP,1993-11-02,7.29451,7.29451,7.17557,7.21424, ADP,1993-11-03,7.21424,7.22833,7.15486,7.21424, ADP,1993-11-04,7.17557,7.22833,6.98277,7.00329, ADP,1993-11-05,6.96906,7.03613,6.95624,6.98277, ADP,1993-11-08,6.98277,7.17557,6.96906,7.14184, ADP,1993-11-09,7.21424,7.24156,7.15486,7.24156, ADP,1993-11-10,7.24156,7.38051,7.19451,7.36799, ADP,1993-11-11,7.34728,7.43298,7.33396,7.33396, ADP,1993-11-12,7.34728,7.4463,7.34728,7.4463, ADP,1993-11-15,7.41385,7.55309,7.41385,7.48642, ADP,1993-11-16,7.49965,7.7252,7.48642,7.67223, ADP,1993-11-17,7.65211,7.68535,7.51325,7.58564, ADP,1993-11-18,7.55309,7.55309,7.46711,7.46711, ADP,1993-11-19,7.46711,7.46711,7.39343,7.46711, ADP,1993-11-22,7.43298,7.55309,7.41385,7.49965, ADP,1993-11-23,7.49965,7.49965,7.31344,7.38051, ADP,1993-11-24,7.41385,7.48642,7.38051,7.43298, ADP,1993-11-26,7.46711,7.58564,7.46711,7.56572, ADP,1993-11-29,7.55309,7.56572,7.46711,7.55309, ADP,1993-11-30,7.53278,7.60605,7.51325,7.53278, ADP,1993-12-01,7.55309,7.6317,7.53278,7.55309, ADP,1993-12-02,7.56572,7.62509,7.55309,7.62509, ADP,1993-12-03,7.62509,7.62509,7.51325,7.55309, ADP,1993-12-06,7.56572,7.56572,7.50616,7.53278, ADP,1993-12-07,7.55309,7.58564,7.53278,7.56572, ADP,1993-12-08,7.58564,7.60605,7.48642,7.60605, ADP,1993-12-09,7.62509,7.73811,7.58564,7.58564, ADP,1993-12-10,7.56572,7.60605,7.55309,7.55309, ADP,1993-12-13,7.48642,7.62509,7.48642,7.62509, ADP,1993-12-14,7.62509,7.63831,7.56572,7.60605, ADP,1993-12-15,7.62509,7.65211,7.53278,7.53278, ADP,1993-12-16,7.53278,7.58564,7.48642,7.55309, ADP,1993-12-17,7.58564,7.63831,7.55309,7.63831, ADP,1993-12-20,7.63831,7.7252,7.60605,7.67223, ADP,1993-12-21,7.63831,7.73811,7.60605,7.65211, ADP,1993-12-22,7.7252,7.73811,7.68535,7.7252, ADP,1993-12-23,7.70536,7.70536,7.63831,7.67223, ADP,1993-12-27,7.70536,7.79827,7.67223,7.75813, ADP,1993-12-28,7.7252,7.75813,7.68535,7.73811, ADP,1993-12-29,7.73811,7.73811,7.67223,7.7252, ADP,1993-12-30,7.7252,7.7252,7.67223,7.67223, ADP,1993-12-31,7.68535,7.70536,7.56572,7.56572, ADP,1994-01-03,7.58564,7.58564,7.46711,7.48642, ADP,1994-01-04,7.48642,7.56572,7.48642,7.53278, ADP,1994-01-05,7.50616,7.51325,7.38051,7.43298, ADP,1994-01-06,7.43298,7.43298,7.33396,7.36799, ADP,1994-01-07,7.36799,7.46711,7.27429,7.41385, ADP,1994-01-10,7.4463,7.56572,7.41385,7.53278, ADP,1994-01-11,7.51325,7.56572,7.50616,7.51325, ADP,1994-01-12,7.48642,7.50616,7.34728,7.38051, ADP,1994-01-13,7.39343,7.43298,7.17557,7.22833, ADP,1994-01-14,7.26108,7.39343,7.26108,7.38051, ADP,1994-01-17,7.39343,7.4463,7.33396,7.38051, ADP,1994-01-18,7.34728,7.41385,7.34728,7.34728, ADP,1994-01-19,7.27429,7.31344,7.22833,7.26108, ADP,1994-01-20,7.26108,7.26108,7.15486,7.21424, ADP,1994-01-21,7.14184,7.29451,7.14184,7.24156, ADP,1994-01-24,7.24156,7.33396,7.21424,7.22833, ADP,1994-01-25,7.19451,7.26108,7.19451,7.21424, ADP,1994-01-26,7.21424,7.26108,7.15486,7.26108, ADP,1994-01-27,7.21424,7.38051,7.17557,7.33396, ADP,1994-01-28,7.36799,7.51325,7.26108,7.26108, ADP,1994-01-31,7.27429,7.34728,7.15486,7.17557, ADP,1994-02-01,7.19451,7.22833,7.17557,7.19451, ADP,1994-02-02,7.19451,7.27429,7.19451,7.24156, ADP,1994-02-03,7.21424,7.26108,7.19451,7.24156, ADP,1994-02-04,7.26108,7.29451,7.15486,7.15486, ADP,1994-02-07,7.14184,7.26108,7.12203,7.22833, ADP,1994-02-08,7.22833,7.22833,7.15486,7.15486, ADP,1994-02-09,7.15486,7.21424,7.14184,7.17557, ADP,1994-02-10,7.19451,7.24156,7.17557,7.21424, ADP,1994-02-11,7.22833,7.22833,7.15486,7.15486, ADP,1994-02-14,7.17557,7.21424,7.15486,7.19451, ADP,1994-02-15,7.21424,7.21424,7.14184,7.14184, ADP,1994-02-16,7.14184,7.17557,7.12203,7.14184, ADP,1994-02-17,7.17557,7.17557,6.95624,7.05506, ADP,1994-02-18,7.02242,7.03613,6.88375,6.95624, ADP,1994-02-22,6.98277,7.15486,6.96906,7.12203, ADP,1994-02-23,7.1022,7.14184,7.03613,7.07607, ADP,1994-02-24,7.03613,7.05506,6.9231,6.98277, ADP,1994-02-25,6.95624,7.03613,6.93682,6.98277, ADP,1994-02-28,7.02242,7.03613,7.00329,7.02242, ADP,1994-03-01,7.03613,7.07607,6.95624,6.98277, ADP,1994-03-02,6.98277,7.29451,6.95624,7.22833, ADP,1994-03-03,7.29451,7.41385,7.26108,7.34728, ADP,1994-03-04,7.34728,7.50616,7.29451,7.46711, ADP,1994-03-07,7.46711,7.56572,7.46711,7.51325, ADP,1994-03-08,7.51937,7.62509,7.46711,7.53278, ADP,1994-03-09,7.50616,7.53278,7.4463,7.48642, ADP,1994-03-10,7.51937,7.53278,7.43298,7.43298, ADP,1994-03-11,7.4463,7.46711,7.34728,7.38673, ADP,1994-03-14,7.33396,7.43298,7.27429,7.43298, ADP,1994-03-15,7.43298,7.43298,7.26108,7.34728, ADP,1994-03-16,7.33396,7.41385,7.33396,7.41385, ADP,1994-03-17,7.41385,7.4463,7.34728,7.4463, ADP,1994-03-18,7.51937,7.53278,7.46711,7.51937, ADP,1994-03-21,7.48642,7.53278,7.4463,7.51937, ADP,1994-03-22,7.51937,7.56572,7.51937,7.55309, ADP,1994-03-23,7.58564,7.62509,7.55309,7.55309, ADP,1994-03-24,7.56572,7.58564,7.38673,7.38673, ADP,1994-03-25,7.41385,7.4463,7.31344,7.33396, ADP,1994-03-28,7.36799,7.38673,7.29451,7.29451, ADP,1994-03-29,7.36799,7.36799,7.22833,7.22833, ADP,1994-03-30,7.21424,7.24156,7.03613,7.05506, ADP,1994-03-31,7.03613,7.12203,6.93682,7.03613, ADP,1994-04-04,6.90329,7.03613,6.86374,6.93682, ADP,1994-04-05,7.00329,7.07607,6.98277,7.05506, ADP,1994-04-06,7.08899,7.08899,7.00329,7.08899, ADP,1994-04-07,7.12203,7.14184,7.05506,7.1022, ADP,1994-04-08,7.08899,7.17557,7.07607,7.08899, ADP,1994-04-11,7.12203,7.17557,7.07607,7.17557, ADP,1994-04-12,7.21424,7.22833,7.12203,7.14184, ADP,1994-04-13,7.1022,7.14184,6.86374,7.00329, ADP,1994-04-14,6.96906,7.07607,6.93682,6.96906, ADP,1994-04-15,6.96906,7.05506,6.88375,6.88375, ADP,1994-04-18,6.90329,6.90329,6.78415,6.8306, ADP,1994-04-19,6.79707,6.88375,6.78415,6.8306, ADP,1994-04-20,6.85062,6.85062,6.53879,6.73108, ADP,1994-04-21,6.76442,6.9231,6.76442,6.85062, ADP,1994-04-22,6.90329,6.90329,6.81088,6.88375, ADP,1994-04-25,6.9231,7.05506,6.88375,7.02242, ADP,1994-04-26,6.98277,7.07607,6.98277,7.05506, ADP,1994-04-28,7.03613,7.05506,7.00329,7.00329, ADP,1994-04-29,7.00329,7.1022,6.96906,7.07607, ADP,1994-05-02,7.1022,7.1022,7.03613,7.08899, ADP,1994-05-03,7.08899,7.08899,6.96906,7.07607, ADP,1994-05-04,7.05506,7.1022,7.00329,7.08899, ADP,1994-05-05,7.07607,7.12203,7.05506,7.05506, ADP,1994-05-06,7.05506,7.05506,6.88375,6.95002, ADP,1994-05-09,6.96906,6.96906,6.88375,6.9231, ADP,1994-05-10,6.95002,7.00329,6.9231,6.9231, ADP,1994-05-11,6.9231,6.95002,6.74431,6.81088, ADP,1994-05-12,6.85062,6.88375,6.8306,6.85062, ADP,1994-05-13,6.88375,6.90329,6.79707,6.90329, ADP,1994-05-16,6.90329,6.9231,6.8306,6.86374, ADP,1994-05-17,6.86374,6.98277,6.8306,6.96906, ADP,1994-05-18,7.02242,7.08899,7.00329,7.05506, ADP,1994-05-19,7.07607,7.07607,7.00329,7.05506, ADP,1994-05-20,7.05506,7.08899,7.03613,7.03613, ADP,1994-05-23,6.96906,6.96906,6.88375,6.95002, ADP,1994-05-24,6.98277,7.15486,6.95002,7.03613, ADP,1994-05-25,6.93682,7.05506,6.9231,7.05506, ADP,1994-05-26,7.05506,7.19451,7.02242,7.17557, ADP,1994-05-27,7.14184,7.33396,7.14184,7.22833, ADP,1994-05-31,7.22833,7.34728,7.19451,7.33396, ADP,1994-06-01,7.29451,7.29451,7.19451,7.26108, ADP,1994-06-02,7.27429,7.33396,7.24156,7.29451, ADP,1994-06-03,7.29451,7.33396,7.27429,7.31344, ADP,1994-06-06,7.33396,7.38673,7.31344,7.33396, ADP,1994-06-07,7.34728,7.38673,7.32085,7.34728, ADP,1994-06-08,7.36799,7.36799,7.30082,7.32085, ADP,1994-06-09,7.30082,7.34728,7.24826,7.33396, ADP,1994-06-10,7.34728,7.48642,7.34728,7.43949, ADP,1994-06-13,7.47332,7.50616,7.4529,7.47332, ADP,1994-06-14,7.48642,7.53939,7.47332,7.53939, ADP,1994-06-15,7.53939,7.57203,7.48642,7.48642, ADP,1994-06-16,7.51937,7.61267,7.50616,7.57203, ADP,1994-06-17,7.59215,7.61267,7.50616,7.53939, ADP,1994-06-20,7.50616,7.53939,7.42055,7.47332, ADP,1994-06-21,7.47332,7.47332,7.2813,7.36799, ADP,1994-06-22,7.39984,7.42055,7.34728,7.42055, ADP,1994-06-23,7.42055,7.4529,7.36799,7.36799, ADP,1994-06-24,7.36799,7.38673,7.22833,7.26808, ADP,1994-06-27,7.24826,7.36799,7.17557,7.33396, ADP,1994-06-28,7.34728,7.42055,7.26808,7.39984, ADP,1994-06-29,7.36799,7.43949,7.36799,7.39984, ADP,1994-06-30,7.39984,7.39984,7.2813,7.32085, ADP,1994-07-01,7.34728,7.39984,7.32085,7.39984, ADP,1994-07-05,7.36799,7.39984,7.33396,7.34728, ADP,1994-07-06,7.33396,7.34728,7.26808,7.32085, ADP,1994-07-07,7.32085,7.33396,7.2813,7.33396, ADP,1994-07-08,7.30082,7.32085,7.21424,7.24826, ADP,1994-07-11,7.24826,7.26808,7.19451,7.26808, ADP,1994-07-12,7.24826,7.34728,7.21424,7.33396, ADP,1994-07-13,7.32085,7.38673,7.32085,7.32085, ADP,1994-07-14,7.33396,7.42055,7.33396,7.42055, ADP,1994-07-15,7.39984,7.42055,7.34728,7.36799, ADP,1994-07-18,7.39984,7.39984,7.34728,7.36799, ADP,1994-07-19,7.36799,7.36799,7.26808,7.26808, ADP,1994-07-20,7.26808,7.26808,7.14845,7.19451, ADP,1994-07-21,7.19451,7.19451,7.12931,7.16157, ADP,1994-07-22,7.19451,7.19451,7.0958,7.17557, ADP,1994-07-25,7.16157,7.17557,7.0958,7.1088, ADP,1994-07-26,7.02242,7.1088,6.98987,7.0958, ADP,1994-07-27,7.05506,7.05506,7.02242,7.03613, ADP,1994-07-28,7.02242,7.03613,6.98987,7.00329, ADP,1994-07-29,7.02242,7.1088,7.00329,7.0958, ADP,1994-08-01,7.12931,7.21424,7.12931,7.21424, ADP,1994-08-02,7.24826,7.26808,7.21424,7.22833, ADP,1994-08-03,7.19451,7.24826,7.19451,7.22833, ADP,1994-08-04,7.24826,7.2813,7.21424,7.22833, ADP,1994-08-05,7.21424,7.24826,7.21424,7.22833, ADP,1994-08-08,7.22833,7.32085,7.22833,7.2813, ADP,1994-08-09,7.26808,7.32085,7.22833,7.30082, ADP,1994-08-10,7.32085,7.34728,7.2813,7.34728, ADP,1994-08-11,7.38673,7.38673,7.22833,7.2813, ADP,1994-08-12,7.32085,7.34728,7.30082,7.30082, ADP,1994-08-15,7.33396,7.42055,7.2813,7.38673, ADP,1994-08-16,7.36799,7.47332,7.36799,7.43949, ADP,1994-08-17,7.48642,7.48642,7.39984,7.43949, ADP,1994-08-18,7.43949,7.43949,7.36799,7.42055, ADP,1994-08-19,7.43949,7.43949,7.34728,7.34728, ADP,1994-08-22,7.32085,7.32085,7.26808,7.26808, ADP,1994-08-23,7.2813,7.33396,7.26808,7.2813, ADP,1994-08-24,7.30082,7.32085,7.26808,7.2813, ADP,1994-08-25,7.2813,7.32085,7.26808,7.32085, ADP,1994-08-26,7.33396,7.50616,7.33396,7.48642, ADP,1994-08-29,7.48642,7.50616,7.42055,7.42055, ADP,1994-08-30,7.43949,7.47332,7.34728,7.47332, ADP,1994-08-31,7.43949,7.50616,7.42055,7.4529, ADP,1994-09-01,7.42055,7.43949,7.38673,7.42055, ADP,1994-09-02,7.4529,7.4529,7.38673,7.39984, ADP,1994-09-06,7.39984,7.42055,7.38673,7.39984, ADP,1994-09-07,7.39984,7.47332,7.34728,7.47332, ADP,1994-09-08,7.47332,7.50616,7.43949,7.47332, ADP,1994-09-09,7.43949,7.43949,7.38673,7.42055, ADP,1994-09-12,7.42055,7.4529,7.38673,7.40744, ADP,1994-09-13,7.40744,7.49333,7.38673,7.49333, ADP,1994-09-14,7.47332,7.62509,7.47332,7.62509, ADP,1994-09-15,7.79827,7.85705,7.77145,7.85705, ADP,1994-09-16,7.75122,7.79827,7.71839,7.78536, ADP,1994-09-19,7.78536,7.79827,7.75122,7.75122, ADP,1994-09-20,7.71839,7.73811,7.59215,7.59215, ADP,1994-09-21,7.61267,7.62509,7.54601,7.56572, ADP,1994-09-22,7.59215,7.6458,7.59215,7.61267, ADP,1994-09-23,7.57923,7.59215,7.54601,7.56572, ADP,1994-09-26,7.52617,7.75122,7.52617,7.75122, ADP,1994-09-27,7.73811,7.78536,7.71839,7.71839, ADP,1994-09-28,7.71839,7.78536,7.68535,7.69847, ADP,1994-09-29,7.73811,7.75122,7.69847,7.73811, ADP,1994-09-30,7.75122,7.78536,7.71839,7.77145, ADP,1994-10-03,7.75122,7.77145,7.71839,7.75122, ADP,1994-10-04,7.75122,7.78536,7.6458,7.66553, ADP,1994-10-05,7.61267,7.62509,7.54601,7.61267, ADP,1994-10-06,7.62509,7.6458,7.52617,7.52617, ADP,1994-10-07,7.54601,7.57923,7.50616,7.54601, ADP,1994-10-10,7.62509,7.78536,7.59215,7.77145, ADP,1994-10-11,7.77145,7.9245,7.75122,7.85705, ADP,1994-10-12,7.83802,7.89049,7.75122,7.81711, ADP,1994-10-13,7.9105,7.94304,7.85705,7.87016, ADP,1994-10-14,7.9105,7.9245,7.83802,7.89049, ADP,1994-10-17,7.9105,7.9105,7.79827,7.85705, ADP,1994-10-18,7.87016,7.87016,7.81711,7.87016, ADP,1994-10-19,7.85705,7.98989,7.81711,7.98989, ADP,1994-10-20,7.98989,8.03043,7.89049,7.95666, ADP,1994-10-21,7.94304,7.95666,7.87016,7.9245, ADP,1994-10-24,7.94304,7.97677,7.87016,7.9105, ADP,1994-10-25,7.79827,7.87016,7.77145,7.81711, ADP,1994-10-26,7.85705,7.85705,7.73811,7.73811, ADP,1994-10-27,7.75122,7.78536,7.71839,7.78536, ADP,1994-10-28,7.78536,8.03043,7.78536,7.98989, ADP,1994-10-31,8.03043,8.12816,8.03043,8.06337, ADP,1994-11-01,8.04393,8.06337,7.9105,7.94304, ADP,1994-11-02,7.9105,7.98989,7.87016,7.87016, ADP,1994-11-03,7.9105,7.9245,7.83802,7.83802, ADP,1994-11-04,7.87016,7.95666,7.85705,7.89049, ADP,1994-11-07,7.9245,7.9245,7.83802,7.89049, ADP,1994-11-08,7.9105,7.98989,7.87016,7.97677, ADP,1994-11-09,8.04393,8.06337,7.98989,8.00932, ADP,1994-11-10,8.03043,8.11544,7.97677,7.97677, ADP,1994-11-11,7.9245,7.94304,7.85705,7.9105, ADP,1994-11-14,7.9245,7.95666,7.85705,7.87016, ADP,1994-11-15,7.9245,7.97677,7.87016,7.89049, ADP,1994-11-16,7.89049,7.94304,7.87016,7.89049, ADP,1994-11-17,7.89049,7.94304,7.89049,7.9105, ADP,1994-11-18,7.9105,7.94304,7.85705,7.9105, ADP,1994-11-21,7.94304,7.94304,7.83802,7.9105, ADP,1994-11-22,7.89049,8.00932,7.87016,7.89049, ADP,1994-11-23,7.73811,7.73811,7.57923,7.68535, ADP,1994-11-25,7.68535,7.73811,7.68535,7.73811, ADP,1994-11-28,7.71839,7.78536,7.68535,7.77145, ADP,1994-11-29,7.75122,7.78536,7.71839,7.78536, ADP,1994-11-30,7.77145,7.78536,7.69847,7.71839, ADP,1994-12-01,7.69847,7.71839,7.54601,7.54601, ADP,1994-12-02,7.56572,7.6458,7.56572,7.59215, ADP,1994-12-05,7.61267,7.61267,7.54601,7.54601, ADP,1994-12-06,7.59215,7.75122,7.57923,7.66553, ADP,1994-12-07,7.62509,7.69847,7.62509,7.69847, ADP,1994-12-08,7.66553,7.68535,7.50616,7.52617, ADP,1994-12-09,7.52617,7.52617,7.374,7.38673, ADP,1994-12-12,7.374,7.38673,7.27429,7.30683, ADP,1994-12-13,7.40744,7.68535,7.40744,7.65211, ADP,1994-12-14,7.61878,7.79167,7.61878,7.79167, ADP,1994-12-15,7.73811,7.82431,7.73811,7.80508, ADP,1994-12-16,7.84443,7.87657,7.79167,7.82431, ADP,1994-12-19,7.75122,7.84443,7.73811,7.80508, ADP,1994-12-20,7.80508,7.87657,7.79167,7.87657, ADP,1994-12-21,7.84443,8.08979,7.84443,8.05064, ADP,1994-12-22,8.05064,8.14858,8.01612,8.05064, ADP,1994-12-23,8.05064,8.10232,8.03043,8.06898, ADP,1994-12-27,8.11544,8.22125,8.11544,8.22125, ADP,1994-12-28,8.20913,8.27432,8.14858,8.1894, ADP,1994-12-29,8.17008,8.17008,8.10232,8.13486, ADP,1994-12-30,8.14858,8.17008,8.08979,8.10232, ADP,1995-01-03,8.06898,8.10232,7.96336,8.10232, ADP,1995-01-04,8.08979,8.13486,8.05064,8.06898, ADP,1995-01-05,8.11544,8.13486,8.06898,8.11544, ADP,1995-01-06,8.11544,8.14858,8.06898,8.11544, ADP,1995-01-09,8.10232,8.13486,8.08979,8.11544, ADP,1995-01-10,8.14858,8.27432,8.11544,8.24236, ADP,1995-01-11,8.30863,8.36121,8.27432,8.34137, ADP,1995-01-12,8.27432,8.46731,8.27432,8.43448, ADP,1995-01-13,8.4476,8.4476,8.34137,8.39453, ADP,1995-01-16,8.39453,8.53418,8.39453,8.43448, ADP,1995-01-17,8.36121,8.36121,8.2615,8.30863, ADP,1995-01-18,8.27432,8.30863,8.24236,8.27432, ADP,1995-01-19,8.24236,8.30863,8.1894,8.29561, ADP,1995-01-20,8.30863,8.30863,8.10232,8.13486, ADP,1995-01-23,8.10232,8.1894,8.08979,8.14858, ADP,1995-01-24,8.1894,8.22125,8.17008,8.17008, ADP,1995-01-25,8.13486,8.17008,8.10232,8.10232, ADP,1995-01-26,8.10232,8.20913,8.10232,8.17008, ADP,1995-01-27,8.20913,8.27432,8.10232,8.14858, ADP,1995-01-30,8.14858,8.14858,8.10232,8.11544, ADP,1995-01-31,8.13486,8.24236,8.11544,8.20913, ADP,1995-02-01,8.20913,8.22125,8.10232,8.17008, ADP,1995-02-02,8.14858,8.27432,8.13486,8.27432, ADP,1995-02-03,8.29561,8.38043,8.27432,8.38043, ADP,1995-02-06,8.39453,8.53418,8.39453,8.4476, ADP,1995-02-07,8.41407,8.4476,8.36121,8.4476, ADP,1995-02-08,8.4476,8.51239,8.4476,8.48665, ADP,1995-02-09,8.48665,8.53418,8.43448,8.50005, ADP,1995-02-10,8.48665,8.50005,8.39453,8.46731, ADP,1995-02-13,8.46731,8.61988,8.4476,8.61988, ADP,1995-02-14,8.61988,8.61988,8.51239,8.55204, ADP,1995-02-15,8.53418,8.56682,8.48665,8.51239, ADP,1995-02-16,8.51239,8.53418,8.46731,8.51239, ADP,1995-02-17,8.51239,8.53418,8.50005,8.50005, ADP,1995-02-21,8.48665,8.53418,8.38043,8.43448, ADP,1995-02-22,8.41407,8.55204,8.41407,8.51239, ADP,1995-02-23,8.51239,8.67216,8.50005,8.61988, ADP,1995-02-24,8.63981,8.70382,8.55204,8.56682, ADP,1995-02-27,8.56682,8.56682,8.50005,8.53418, ADP,1995-02-28,8.53418,8.55204,8.4476,8.53418, ADP,1995-03-01,8.51239,8.51239,8.4476,8.50005, ADP,1995-03-02,8.50005,8.53418,8.48665,8.51239, ADP,1995-03-03,8.48665,8.63981,8.4476,8.60618, ADP,1995-03-06,8.63981,8.63981,8.53418,8.56682, ADP,1995-03-07,8.56682,8.56682,8.43448,8.46731, ADP,1995-03-08,8.48665,8.48665,8.39453,8.4476, ADP,1995-03-09,8.46731,8.50005,8.4476,8.46731, ADP,1995-03-10,8.50005,8.79405,8.48665,8.79405, ADP,1995-03-13,8.78744,8.95885,8.78744,8.81308, ADP,1995-03-14,8.84868,8.84868,8.67216,8.69227, ADP,1995-03-15,8.69227,8.69227,8.63981,8.65903, ADP,1995-03-16,8.67216,8.78744,8.67216,8.71111, ADP,1995-03-17,8.74404,8.8616,8.73133,8.81308, ADP,1995-03-20,8.8616,8.94001,8.84868,8.8616, ADP,1995-03-21,8.88281,9.00283,8.8616,8.91752, ADP,1995-03-22,8.88281,8.90352,8.78744,8.88281, ADP,1995-03-23,8.88281,8.88281,8.76525,8.79405, ADP,1995-03-24,8.79405,8.97196,8.73133,8.8616, ADP,1995-03-27,8.88281,9.02265,8.8616,8.98972, ADP,1995-03-28,8.97196,9.00283,8.94001,8.98972, ADP,1995-03-29,8.98972,9.0909,8.97196,9.00283, ADP,1995-03-30,9.02265,9.02265,8.73133,8.79405, ADP,1995-03-31,8.78744,8.78744,8.60618,8.74404, ADP,1995-04-03,8.76525,8.76525,8.69227,8.74404, ADP,1995-04-04,8.76525,8.79405,8.71111,8.79405, ADP,1995-04-05,8.79405,8.79405,8.65903,8.67216, ADP,1995-04-06,8.60618,8.67216,8.57353,8.63981, ADP,1995-04-07,8.67216,8.74404,8.61988,8.73133, ADP,1995-04-10,8.69227,8.81308,8.69227,8.76525, ADP,1995-04-11,8.79405,8.84868,8.73133,8.79405, ADP,1995-04-12,8.78744,8.98972,8.78744,8.94001, ADP,1995-04-13,8.94001,9.07768,8.91752,9.07768, ADP,1995-04-17,9.07768,9.07768,8.79405,8.88281, ADP,1995-04-18,8.90352,8.91752,8.78744,8.78744, ADP,1995-04-19,8.79405,8.79405,8.73133,8.74404, ADP,1995-04-20,8.76525,8.76525,8.67216,8.71111, ADP,1995-04-21,8.74404,8.78744,8.69227,8.73133, ADP,1995-04-24,8.76525,8.88281,8.73133,8.88281, ADP,1995-04-25,8.84868,8.88281,8.73133,8.88281, ADP,1995-04-26,8.84868,8.88281,8.81308,8.8616, ADP,1995-04-27,8.81308,8.83064,8.74404,8.83064, ADP,1995-04-28,8.79405,8.94001,8.76525,8.91752, ADP,1995-05-01,8.91752,8.91752,8.79405,8.84868, ADP,1995-05-02,8.88281,8.88281,8.78744,8.84868, ADP,1995-05-03,8.84868,8.98972,8.83064,8.98972, ADP,1995-05-04,9.02265,9.16329,9.00283,9.02265, ADP,1995-05-05,9.02265,9.02265,8.91752,8.91752, ADP,1995-05-08,8.97196,8.98972,8.91752,8.95885, ADP,1995-05-09,8.95885,9.05471,8.95885,9.00283, ADP,1995-05-10,9.02265,9.07768,8.97196,9.02265, ADP,1995-05-11,9.02265,9.02265,8.94001,8.98972, ADP,1995-05-12,8.97196,9.02265,8.90352,8.90352, ADP,1995-05-15,8.91752,8.94001,8.83064,8.84868, ADP,1995-05-16,8.8616,8.88281,8.81308,8.83064, ADP,1995-05-17,8.81308,8.81308,8.73133,8.74404, ADP,1995-05-18,8.71111,8.74404,8.54158,8.54158, ADP,1995-05-19,8.54158,8.65903,8.51959,8.60618, ADP,1995-05-22,8.60618,8.71111,8.57353,8.57353, ADP,1995-05-23,8.60618,8.60618,8.4476,8.51959, ADP,1995-05-24,8.51959,8.57353,8.39453,8.41407, ADP,1995-05-25,8.43448,8.51959,8.39453,8.50005, ADP,1995-05-26,8.50005,8.51959,8.43448,8.46731, ADP,1995-05-30,8.54158,8.57353,8.46731,8.50005, ADP,1995-05-31,8.54158,8.67216,8.46731,8.63981, ADP,1995-06-01,8.65903,8.69227,8.57353,8.63981, ADP,1995-06-02,8.60618,8.76525,8.57353,8.65903, ADP,1995-06-05,8.65903,8.79405,8.65903,8.76525, ADP,1995-06-06,8.74404,8.78744,8.69227,8.78744, ADP,1995-06-07,8.78744,8.78744,8.71111,8.74404, ADP,1995-06-08,8.78744,8.79405,8.69227,8.71111, ADP,1995-06-09,8.67216,8.73133,8.61988,8.73133, ADP,1995-06-12,8.74404,8.81308,8.74404,8.78744, ADP,1995-06-13,8.81308,8.88281,8.79405,8.8616, ADP,1995-06-14,8.84868,8.87019,8.66574,8.73133, ADP,1995-06-15,8.73133,8.77275,8.66574,8.69779, ADP,1995-06-16,8.71673,8.71673,8.57826,8.66574, ADP,1995-06-19,8.66574,8.80539,8.6473,8.80539, ADP,1995-06-20,8.84868,8.8905,8.83685,8.87019, ADP,1995-06-21,8.8905,8.91003,8.83685,8.87019, ADP,1995-06-22,8.8905,8.94651,8.87019,8.8905, ADP,1995-06-23,8.9259,8.9259,8.84868,8.84868, ADP,1995-06-26,8.84868,8.9259,8.84868,8.84868, ADP,1995-06-27,8.83685,8.83685,8.69779,8.69779, ADP,1995-06-28,8.55952,8.75144,8.54621,8.75144, ADP,1995-06-29,8.75144,8.77275,8.69779,8.75144, ADP,1995-06-30,8.71673,8.79405,8.71673,8.75144, ADP,1995-07-03,8.75144,8.77275,8.71673,8.77275, ADP,1995-07-05,8.75144,8.80539,8.69779,8.73133, ADP,1995-07-06,8.75144,8.84868,8.71673,8.80539, ADP,1995-07-07,8.80539,8.97847,8.79405,8.97847, ADP,1995-07-10,8.96437,8.96437,8.82393,8.84868, ADP,1995-07-11,8.87019,8.9259,8.83685,8.8905, ADP,1995-07-12,8.8905,8.96437,8.80539,8.9259, ADP,1995-07-13,8.9259,8.99623,8.91003,8.97847, ADP,1995-07-14,8.94651,8.96437,8.8905,8.94651, ADP,1995-07-17,8.94651,8.96437,8.91003,8.94651, ADP,1995-07-18,8.94651,8.95224,8.8905,8.91003, ADP,1995-07-19,8.91003,8.91003,8.61268,8.6473, ADP,1995-07-20,8.66574,8.75144,8.6473,8.71673, ADP,1995-07-21,8.69779,8.83685,8.66574,8.82393, ADP,1995-07-24,8.82393,8.8905,8.80539,8.83685, ADP,1995-07-25,8.80539,8.96437,8.80539,8.96437, ADP,1995-07-26,8.97847,9.02837,8.97847,8.97847, ADP,1995-07-27,9.01704,9.08429,8.97847,9.01704, ADP,1995-07-28,8.99623,9.01704,8.96437,9.01704, ADP,1995-07-31,8.99623,9.09564,8.8905,8.91003, ADP,1995-08-01,8.9259,8.94651,8.84868,8.94651, ADP,1995-08-02,8.99623,9.02837,8.8905,8.9259, ADP,1995-08-03,8.91003,8.94651,8.82393,8.94651, ADP,1995-08-04,8.97847,9.04908,8.96437,9.01704, ADP,1995-08-07,9.04908,9.04908,8.94651,8.96437, ADP,1995-08-08,8.96437,8.96437,8.87019,8.8905, ADP,1995-08-09,8.9259,9.02837,8.91003,9.02837, ADP,1995-08-10,9.09564,9.16812,9.09564,9.11605, ADP,1995-08-11,9.15067,9.15067,9.01704,9.04908, ADP,1995-08-14,9.04908,9.13617,9.01704,9.13617, ADP,1995-08-15,9.19022,9.26043,9.05471,9.19022, ADP,1995-08-16,9.24002,9.30856,9.13617,9.30362, ADP,1995-08-17,9.30856,9.30856,9.15067,9.20352, ADP,1995-08-18,9.20352,9.29584,9.19022,9.27413, ADP,1995-08-21,9.27413,9.30856,9.26043,9.27413, ADP,1995-08-22,9.27413,9.29584,9.15067,9.19022, ADP,1995-08-23,9.24002,9.26043,9.15067,9.16812, ADP,1995-08-24,9.19022,9.19022,9.06141,9.16812, ADP,1995-08-25,9.19022,9.19022,9.11605,9.15067, ADP,1995-08-28,9.11605,9.15067,9.01704,9.01704, ADP,1995-08-29,9.01704,9.01704,8.87019,8.96437, ADP,1995-08-30,8.9259,9.01704,8.8905,8.97847, ADP,1995-08-31,8.97847,9.11605,8.94651,9.04908, ADP,1995-09-01,9.08429,9.24002,9.08429,9.19022, ADP,1995-09-05,9.20352,9.34021,9.19022,9.34021, ADP,1995-09-06,9.34021,9.53568,9.32355,9.52286, ADP,1995-09-07,9.60372,9.65896,9.53568,9.60372, ADP,1995-09-08,9.64022,9.65896,9.50314,9.64022, ADP,1995-09-11,9.60372,9.64022,9.39366,9.50314, ADP,1995-09-12,9.56724,9.67473,9.48834,9.53568, ADP,1995-09-13,9.54653,9.54653,9.26043,9.34909, ADP,1995-09-14,9.37098,9.62641,9.34909,9.61063, ADP,1995-09-15,9.61063,9.62641,9.53075,9.55935, ADP,1995-09-18,9.53075,9.55935,9.49524,9.53075, ADP,1995-09-19,9.62641,9.89071,9.61063,9.8059, ADP,1995-09-20,9.77335,9.78716,9.61063,9.66685, ADP,1995-09-21,9.68164,9.73193,9.62641,9.71715, ADP,1995-09-22,9.71715,9.83548,9.68164,9.83548, ADP,1995-09-25,9.83548,9.83548,9.68164,9.77335, ADP,1995-09-26,9.8059,9.83548,9.62641,9.64811, ADP,1995-09-27,9.64811,9.73193,9.51102,9.58992, ADP,1995-09-28,9.55935,9.68164,9.55935,9.64811, ADP,1995-09-29,9.62641,9.69841,9.51102,9.51102, ADP,1995-10-02,9.54653,9.69841,9.53075,9.62641, ADP,1995-10-03,9.64811,9.66685,9.49524,9.58992, ADP,1995-10-04,9.57315,9.57315,9.49524,9.54653, ADP,1995-10-05,9.54653,9.61063,9.49524,9.61063, ADP,1995-10-06,9.64811,9.71715,9.62641,9.68164, ADP,1995-10-09,9.69841,9.77335,9.57315,9.71715, ADP,1995-10-10,9.68164,9.68164,9.57315,9.68164, ADP,1995-10-11,9.71715,9.83548,9.69841,9.77335, ADP,1995-10-12,9.82366,10.0268,9.82366,9.99527, ADP,1995-10-13,10.0268,10.0998,9.94691,9.97656, ADP,1995-10-16,9.99527,9.99527,9.89071,9.94691, ADP,1995-10-17,9.96263,9.96263,9.82366,9.90354, ADP,1995-10-18,9.92818,10.1353,9.90354,10.014, ADP,1995-10-19,10.014,10.1353,9.97656,10.0998, ADP,1995-10-20,10.0998,10.1679,10.0781,10.1679, ADP,1995-10-23,10.1353,10.1679,9.99527,10.1353, ADP,1995-10-24,10.1679,10.295,10.15,10.295, ADP,1995-10-25,10.295,10.3069,10.1679,10.1679, ADP,1995-10-26,10.1353,10.1679,9.99527,9.99527, ADP,1995-10-27,10.0268,10.0505,9.90354,9.96263, ADP,1995-10-30,9.97656,10.0781,9.96263,10.0268, ADP,1995-10-31,10.0268,10.0505,9.97656,9.97656, ADP,1995-11-01,9.99527,9.99527,9.84831,9.89071, ADP,1995-11-02,9.90354,9.97656,9.89071,9.90354, ADP,1995-11-03,9.90354,9.97656,9.84831,9.87099, ADP,1995-11-06,9.87099,10.014,9.83548,9.97656, ADP,1995-11-07,9.97656,10.0268,9.94691,9.94691, ADP,1995-11-08,9.94691,9.96263,9.75364,9.94691, ADP,1995-11-09,9.92818,10.0505,9.87099,10.0268, ADP,1995-11-10,9.99527,10.1176,9.94691,10.0268, ADP,1995-11-13,10.0505,10.1176,10.014,10.0505, ADP,1995-11-14,10.0712,10.1896,10.0268,10.0712, ADP,1995-11-15,10.0505,10.295,10.0268,10.295, ADP,1995-11-16,10.2743,10.4982,10.2438,10.4982, ADP,1995-11-17,10.5436,10.9499,10.5436,10.9499, ADP,1995-11-20,10.8997,10.8997,10.5949,10.6195, ADP,1995-11-21,10.5949,10.728,10.5436,10.7142, ADP,1995-11-22,10.6718,10.7447,10.6195,10.657, ADP,1995-11-24,10.6718,10.6925,10.6195,10.6383, ADP,1995-11-27,10.6718,10.8365,10.5998,10.8197, ADP,1995-11-28,10.798,10.8641,10.7655,10.8365, ADP,1995-11-29,10.8365,10.8641,10.728,10.8365, ADP,1995-11-30,10.8858,11.1117,10.8858,11.0978, ADP,1995-12-01,11.2378,11.2378,11.1285,11.1412, ADP,1995-12-04,11.0801,11.1629,11.011,11.1412, ADP,1995-12-05,11.1412,11.4095,11.1285,11.3897, ADP,1995-12-06,11.3897,11.4786,11.2685,11.4223, ADP,1995-12-07,11.3897,11.4933,11.3404,11.4223, ADP,1995-12-08,11.37,11.4421,11.3226,11.3404, ADP,1995-12-11,11.3404,11.37,11.1412,11.1412, ADP,1995-12-12,11.0436,11.0801,10.7655,10.8365, ADP,1995-12-13,10.9124,10.9124,10.4618,10.6649, ADP,1995-12-14,10.4904,10.4904,10.301,10.3138, ADP,1995-12-15,10.3562,10.3562,10.2497,10.2803, ADP,1995-12-18,10.2803,10.2803,10.0564,10.1126, ADP,1995-12-19,10.1126,10.1293,9.79406,9.83057, ADP,1995-12-20,9.8631,9.98153,9.73884,9.73884, ADP,1995-12-21,9.76054,10.2615,9.76054,10.2171, ADP,1995-12-22,10.1827,10.1954,10.0022,10.0919, ADP,1995-12-26,10.0919,10.23,10.0781,10.23, ADP,1995-12-27,10.2171,10.23,10.1423,10.162, ADP,1995-12-28,10.162,10.3701,10.1423,10.3138, ADP,1995-12-29,10.3562,10.4065,10.3138,10.3908, ADP,1996-01-02,10.3562,10.3908,10.2171,10.2497, ADP,1996-01-03,10.3138,10.3908,10.2171,10.3562, ADP,1996-01-04,10.3138,10.5288,10.2171,10.3562, ADP,1996-01-05,10.2803,10.4904,10.1126,10.4904, ADP,1996-01-08,10.4904,10.5288,10.3908,10.4904, ADP,1996-01-09,10.4904,10.878,10.4262,10.6866, ADP,1996-01-10,10.6649,10.9825,10.5998,10.6323, ADP,1996-01-11,10.7813,11.0584,10.7399,10.9825, ADP,1996-01-12,11.016,11.1896,10.5288,10.878, ADP,1996-01-15,10.8365,10.9124,10.1423,10.2171, ADP,1996-01-16,10.3562,10.3908,9.9686,10.3562, ADP,1996-01-17,10.4262,10.6323,10.3908,10.5288, ADP,1996-01-18,10.5623,10.9825,10.5288,10.8365, ADP,1996-01-19,10.8365,11.0861,10.8049,11.0861, ADP,1996-01-22,11.016,11.0584,10.878,10.9825, ADP,1996-01-23,10.9499,11.016,10.7813,10.8049, ADP,1996-01-24,10.8365,10.9499,10.6323,10.8049, ADP,1996-01-25,10.8049,10.9124,10.7073,10.8365, ADP,1996-01-26,10.8365,10.8365,10.6649,10.8049, ADP,1996-01-29,10.8365,11.016,10.7399,10.9124, ADP,1996-01-30,10.9499,10.9499,10.8365,10.9124, ADP,1996-01-31,11.016,11.23,10.9825,11.155, ADP,1996-02-01,11.1896,11.2635,11.0861,11.155, ADP,1996-02-02,11.2635,11.5447,11.23,11.2635, ADP,1996-02-05,11.155,11.23,11.0861,11.1225, ADP,1996-02-06,11.0584,11.2635,10.9825,11.1896, ADP,1996-02-07,11.23,11.3019,11.0861,11.2635, ADP,1996-02-08,11.3019,11.7141,11.2635,11.7141, ADP,1996-02-09,11.7141,11.9292,11.6827,11.8611, ADP,1996-02-12,11.7141,11.8938,11.5801,11.7822, ADP,1996-02-13,11.6827,12.1363,11.652,11.8611, ADP,1996-02-14,11.7528,11.7528,11.4726,11.6106, ADP,1996-02-15,11.507,11.5447,11.3019,11.3346, ADP,1996-02-16,11.37,11.5801,11.2635,11.4035, ADP,1996-02-20,11.2635,11.4035,11.1896,11.3346, ADP,1996-02-21,11.3346,11.6827,11.3019,11.6827, ADP,1996-02-22,11.652,11.7528,11.6106,11.6827, ADP,1996-02-23,11.7141,11.7141,11.2635,11.4035, ADP,1996-02-26,11.4035,11.4726,11.3019,11.37, ADP,1996-02-27,11.4726,11.4726,11.0584,11.1896, ADP,1996-02-28,11.3346,11.4035,11.1896,11.23, ADP,1996-02-29,11.155,11.2635,10.8049,10.8365, ADP,1996-03-01,10.9124,11.0861,10.7399,10.9825, ADP,1996-03-04,11.0584,11.0584,10.7813,10.8365, ADP,1996-03-05,10.9124,11.016,10.8049,10.878, ADP,1996-03-06,10.9124,10.9825,10.7813,10.8365, ADP,1996-03-07,10.878,10.9499,10.6649,10.9499, ADP,1996-03-08,10.7399,10.7813,10.5623,10.6323, ADP,1996-03-11,10.4262,10.878,10.4262,10.8365, ADP,1996-03-12,10.7813,10.8365,10.5623,10.7813, ADP,1996-03-13,10.728,11.011,10.6994,10.945, ADP,1996-03-14,10.9065,11.2952,10.9065,11.2231, ADP,1996-03-15,11.2566,11.3967,11.1502,11.2952, ADP,1996-03-18,11.2952,11.5003,11.2952,11.5003, ADP,1996-03-19,11.6452,11.6452,11.1502,11.3286, ADP,1996-03-20,11.4666,11.4666,10.9785,11.2952, ADP,1996-03-21,11.3286,11.3967,11.011,11.2566, ADP,1996-03-22,11.2952,11.2952,11.0505,11.0801, ADP,1996-03-25,11.1502,11.2231,10.8365,10.87, ADP,1996-03-26,10.9785,11.2231,10.87,11.1502, ADP,1996-03-27,11.011,11.0801,10.9065,10.9785, ADP,1996-03-28,10.8365,11.1155,10.798,11.0505, ADP,1996-03-29,11.1502,11.2231,11.0505,11.0505, ADP,1996-04-01,11.1896,11.1896,10.7655,10.9785, ADP,1996-04-02,11.0505,11.2231,10.945,11.2231, ADP,1996-04-03,11.2231,11.2566,11.0505,11.2231, ADP,1996-04-04,11.1502,11.2231,11.1155,11.2231, ADP,1996-04-08,11.011,11.0505,10.798,10.945, ADP,1996-04-09,10.87,10.945,10.798,10.9065, ADP,1996-04-10,10.87,11.2231,10.8365,10.8365, ADP,1996-04-11,10.87,10.87,10.2438,10.5555, ADP,1996-04-12,10.5949,10.6265,10.2743,10.5555, ADP,1996-04-15,10.5949,10.798,10.5555,10.657, ADP,1996-04-16,10.657,11.011,10.657,10.945, ADP,1996-04-17,10.8365,10.945,10.6265,10.7655, ADP,1996-04-18,10.728,10.9065,10.728,10.7655, ADP,1996-04-19,10.8365,10.8365,10.5949,10.6265, ADP,1996-04-22,10.657,10.8365,10.657,10.798, ADP,1996-04-23,10.728,10.728,10.6265,10.657, ADP,1996-04-24,10.657,10.6994,10.5219,10.6265, ADP,1996-04-25,10.657,10.6994,10.5555,10.657, ADP,1996-04-26,10.657,10.798,10.5949,10.657, ADP,1996-04-29,10.6265,10.798,10.5949,10.6994, ADP,1996-04-30,10.728,10.9065,10.657,10.9065, ADP,1996-05-01,10.87,10.9065,10.6994,10.728, ADP,1996-05-02,10.6994,10.6994,10.4844,10.5219, ADP,1996-05-03,10.5219,10.6265,10.4479,10.4844, ADP,1996-05-06,10.5555,10.6994,10.4479,10.5219, ADP,1996-05-07,10.5555,10.657,10.4479,10.5949, ADP,1996-05-08,10.5219,10.5555,10.2743,10.4134, ADP,1996-05-09,10.4844,10.5949,10.2044,10.3503, ADP,1996-05-10,10.4479,10.4479,10.3069,10.3848, ADP,1996-05-13,10.4479,10.9065,10.4134,10.87, ADP,1996-05-14,10.798,11.0801,10.7655,10.87, ADP,1996-05-15,10.945,11.1502,10.945,11.0801, ADP,1996-05-16,11.011,11.011,10.8365,10.945, ADP,1996-05-17,10.945,10.9785,10.657,10.7655, ADP,1996-05-20,10.8365,10.8365,10.6265,10.657, ADP,1996-05-21,10.728,10.798,10.657,10.657, ADP,1996-05-22,10.657,10.9065,10.657,10.9065, ADP,1996-05-23,10.9065,10.9065,10.6994,10.7655, ADP,1996-05-24,10.7655,10.87,10.657,10.657, ADP,1996-05-28,10.798,10.87,10.5949,10.6265, ADP,1996-05-29,10.6994,10.728,10.5555,10.5949, ADP,1996-05-30,10.5219,10.5555,10.3503,10.4479, ADP,1996-05-31,10.4479,10.7655,10.3848,10.7655, ADP,1996-06-03,10.728,10.798,10.4844,10.4844, ADP,1996-06-04,10.5219,10.657,10.4844,10.5555, ADP,1996-06-05,10.5949,10.9065,10.5555,10.798, ADP,1996-06-06,10.87,10.9065,10.728,10.798, ADP,1996-06-07,10.728,10.798,10.4479,10.798, ADP,1996-06-10,10.728,10.798,10.5949,10.6265, ADP,1996-06-11,10.6265,10.798,10.6265,10.6994, ADP,1996-06-12,10.6195,10.7596,10.587,10.6195, ADP,1996-06-13,10.6195,10.6866,10.5495,10.5495, ADP,1996-06-14,10.5495,10.587,10.3701,10.4411, ADP,1996-06-17,10.4775,10.657,10.4411,10.4775, ADP,1996-06-18,10.514,10.587,10.3345,10.3345, ADP,1996-06-19,10.3345,10.4775,10.301,10.301, ADP,1996-06-20,10.3701,10.514,10.301,10.4775, ADP,1996-06-21,10.514,10.6195,10.4065,10.587, ADP,1996-06-24,10.6866,10.8641,10.657,10.657, ADP,1996-06-25,10.6195,10.6195,10.514,10.5495, ADP,1996-06-26,10.5495,10.657,10.4775,10.4775, ADP,1996-06-27,10.723,10.8997,10.723,10.8641, ADP,1996-06-28,10.8641,11.011,10.7596,10.8641, ADP,1996-07-01,10.9391,10.9726,10.8641,10.9391, ADP,1996-07-02,10.9391,10.9391,10.7596,10.8326, ADP,1996-07-03,10.8997,10.8997,10.723,10.723, ADP,1996-07-05,10.6866,10.723,10.587,10.587, ADP,1996-07-08,10.5495,10.6195,10.4065,10.5495, ADP,1996-07-09,10.6195,10.723,10.4411,10.4411, ADP,1996-07-10,10.4411,10.4411,10.301,10.3701, ADP,1996-07-11,10.3345,10.4065,10.014,10.3345, ADP,1996-07-12,10.2359,10.3701,10.1954,10.2684, ADP,1996-07-15,10.2684,10.2684,10.162,10.2359, ADP,1996-07-16,10.2684,10.514,10.1954,10.4065, ADP,1996-07-17,10.587,10.7921,10.587,10.723, ADP,1996-07-18,10.7921,11.1117,10.7596,11.0436, ADP,1996-07-19,11.011,11.011,10.723,10.7921, ADP,1996-07-22,10.7596,10.7921,10.657,10.7596, ADP,1996-07-23,10.7921,10.8641,10.6195,10.657, ADP,1996-07-24,10.5495,10.723,10.4775,10.657, ADP,1996-07-25,10.657,10.8997,10.6195,10.7596, ADP,1996-07-26,10.723,10.9391,10.723,10.8997, ADP,1996-07-29,10.8326,10.8641,10.6866,10.723, ADP,1996-07-30,10.723,11.011,10.6866,10.9391, ADP,1996-07-31,10.8997,11.2181,10.8641,11.1412, ADP,1996-08-01,11.1816,11.4618,11.1412,11.4272, ADP,1996-08-02,11.4933,11.5978,11.3967,11.5377, ADP,1996-08-05,11.5682,11.6747,11.3226,11.3226, ADP,1996-08-06,11.3631,11.6747,11.2507,11.6393, ADP,1996-08-07,11.6747,11.6747,11.5377,11.6393, ADP,1996-08-08,11.5682,11.5978,11.4272,11.4618, ADP,1996-08-09,11.4933,11.7763,11.3967,11.7763, ADP,1996-08-12,11.6747,11.7763,11.5682,11.7468, ADP,1996-08-13,11.7141,11.7468,11.5377,11.7141, ADP,1996-08-14,11.7763,11.7763,11.6393,11.6393, ADP,1996-08-15,11.6393,11.7468,11.4618,11.5682, ADP,1996-08-16,11.5682,11.6747,11.2892,11.6393, ADP,1996-08-19,11.6393,11.7141,11.5978,11.6747, ADP,1996-08-20,11.6747,11.8868,11.5682,11.7763, ADP,1996-08-21,11.7763,11.9175,11.6747,11.8474, ADP,1996-08-22,11.9923,12.1689,11.9519,12.1304, ADP,1996-08-23,12.0633,12.1304,11.9519,12.0633, ADP,1996-08-26,11.9519,12.1304,11.8474,12.0633, ADP,1996-08-27,12.1304,12.1689,11.9175,11.9923, ADP,1996-08-28,12.0239,12.1689,11.9923,12.1304, ADP,1996-08-29,12.0979,12.0979,11.8868,11.9519, ADP,1996-08-30,11.9519,11.9519,11.6747,11.6747, ADP,1996-09-03,11.6393,11.7141,11.4618,11.6393, ADP,1996-09-04,11.6747,11.8474,11.5682,11.8197, ADP,1996-09-05,11.8197,12.0633,11.4933,11.4933, ADP,1996-09-06,11.5682,11.9923,11.4618,11.9519, ADP,1996-09-09,11.9923,12.0979,11.9519,12.0633, ADP,1996-09-10,12.0239,12.0239,11.8868,11.9175, ADP,1996-09-11,11.8808,12.017,11.8404,11.9105, ADP,1996-09-12,11.9854,11.9854,11.8808,11.9854, ADP,1996-09-13,12.0565,12.231,12.017,12.1896, ADP,1996-09-16,12.162,12.587,12.0909,12.4755, ADP,1996-09-17,12.6215,12.7626,12.4401,12.5485, ADP,1996-09-18,12.4755,12.7202,12.3681,12.5485, ADP,1996-09-19,12.587,12.6215,12.4401,12.4755, ADP,1996-09-20,12.4755,12.8987,12.4401,12.8671, ADP,1996-09-23,12.7922,12.7922,12.6215,12.7626, ADP,1996-09-24,12.7626,12.8266,12.6452,12.7626, ADP,1996-09-25,12.5485,12.7922,12.4401,12.5485, ADP,1996-09-26,12.5485,12.5485,12.2655,12.2951, ADP,1996-09-27,12.3681,12.3681,12.1896,12.2655, ADP,1996-09-30,12.3375,12.4755,12.2655,12.2951, ADP,1996-10-01,12.3681,12.3681,12.2655,12.3375, ADP,1996-10-02,12.3681,12.5141,12.3375,12.4115, ADP,1996-10-03,12.4755,12.4755,12.017,12.2951, ADP,1996-10-04,12.3375,12.587,12.2951,12.5141, ADP,1996-10-07,12.6215,12.6215,12.3375,12.4115, ADP,1996-10-08,12.4115,12.5485,12.1896,12.1896, ADP,1996-10-09,12.231,12.2655,11.9854,12.1896, ADP,1996-10-10,12.162,12.2951,12.0909,12.231, ADP,1996-10-11,12.017,12.1896,11.7715,12.162, ADP,1996-10-14,12.231,12.2655,12.1255,12.162, ADP,1996-10-15,12.162,12.2655,12.0565,12.1255, ADP,1996-10-16,12.0909,12.1255,11.9439,12.0565, ADP,1996-10-17,12.0909,12.0909,11.8039,11.8808, ADP,1996-10-18,11.9105,12.017,11.8404,11.9854, ADP,1996-10-21,11.9439,12.0909,11.6323,11.6669, ADP,1996-10-22,11.5939,11.5939,11.4549,11.4549, ADP,1996-10-23,11.3079,11.6323,11.2744,11.4853, ADP,1996-10-24,11.6323,11.8039,11.5939,11.6669, ADP,1996-10-25,11.6669,11.734,11.5624,11.5624, ADP,1996-10-28,11.6669,11.734,11.4549,11.4853, ADP,1996-10-29,11.5624,11.6323,11.4223,11.5624, ADP,1996-10-30,11.6323,11.6323,11.4853,11.5939, ADP,1996-10-31,11.6669,11.8404,11.5939,11.734, ADP,1996-11-01,11.8039,11.8808,11.7084,11.734, ADP,1996-11-04,11.734,11.734,11.6323,11.734, ADP,1996-11-05,11.734,11.8808,11.6669,11.7715, ADP,1996-11-06,11.8404,11.9854,11.8039,11.8404, ADP,1996-11-07,11.8404,11.8808,11.7715,11.8404, ADP,1996-11-08,11.9439,11.9854,11.8404,11.9105, ADP,1996-11-11,12.017,12.0909,11.9854,12.017, ADP,1996-11-12,11.9854,12.0565,11.8039,11.9439, ADP,1996-11-13,11.8808,11.8808,11.7084,11.7084, ADP,1996-11-14,11.6323,11.9105,11.5939,11.8808, ADP,1996-11-15,11.9854,12.0909,11.8039,11.9854, ADP,1996-11-18,12.017,12.017,11.8808,11.9105, ADP,1996-11-19,11.9105,12.017,11.8039,11.8808, ADP,1996-11-20,11.9105,12.0565,11.8404,11.9854, ADP,1996-11-21,11.9854,12.0565,11.9105,12.0565, ADP,1996-11-22,12.0565,12.0909,11.8808,11.8808, ADP,1996-11-25,11.9105,11.9105,11.734,11.9105, ADP,1996-11-26,12.0565,12.231,12.017,12.1255, ADP,1996-11-27,12.1896,12.1896,12.0565,12.0909, ADP,1996-11-29,12.162,12.1896,12.0565,12.0909, ADP,1996-12-02,12.0909,12.0909,11.8039,12.0565, ADP,1996-12-03,12.0565,12.0909,11.8808,11.8808, ADP,1996-12-04,11.9105,11.9105,11.5939,11.8039, ADP,1996-12-05,11.8039,11.8404,11.7084,11.7715, ADP,1996-12-06,11.5624,11.734,11.4853,11.6323, ADP,1996-12-09,11.7084,11.8808,11.6323,11.8404, ADP,1996-12-10,11.9439,11.9439,11.7084,11.7084, ADP,1996-12-11,11.5554,11.659,11.4223,11.6255, ADP,1996-12-12,11.7014,11.734,11.3483,11.4223, ADP,1996-12-13,11.4489,12.017,11.3483,11.9439, ADP,1996-12-16,11.9439,11.9439,11.8039,11.8404, ADP,1996-12-17,11.734,11.9105,11.7014,11.8808, ADP,1996-12-18,11.9105,12.084,11.8808,11.9854, ADP,1996-12-19,12.017,12.0525,11.9105,12.0525, ADP,1996-12-20,12.587,12.587,12.084,12.1255, ADP,1996-12-23,12.0525,12.2951,12.0525,12.2655, ADP,1996-12-24,12.2951,12.3375,12.2655,12.3375, ADP,1996-12-26,12.3375,12.4115,12.2951,12.4115, ADP,1996-12-27,12.4401,12.5141,12.3375,12.4115, ADP,1996-12-30,12.4115,12.5141,12.4115,12.4755, ADP,1996-12-31,12.4401,12.4401,12.1255,12.1255, ADP,1997-01-02,12.084,12.157,11.9439,12.0525, ADP,1997-01-03,12.0525,12.3375,12.017,12.2951, ADP,1997-01-06,12.3375,12.4115,12.084,12.1896, ADP,1997-01-07,12.0525,12.3375,11.8808,12.2951, ADP,1997-01-08,12.2655,12.3681,12.1896,12.2951, ADP,1997-01-09,12.4115,12.4115,12.1896,12.231, ADP,1997-01-10,12.0525,12.2951,12.017,12.2655, ADP,1997-01-13,12.2655,12.4115,12.157,12.2951, ADP,1997-01-14,12.2951,12.3375,12.157,12.2655, ADP,1997-01-15,12.1896,12.2655,11.9439,12.157, ADP,1997-01-16,12.3681,12.5141,12.3375,12.4401, ADP,1997-01-17,12.4401,12.6156,12.4115,12.4401, ADP,1997-01-20,12.4115,12.4115,12.157,12.231, ADP,1997-01-21,12.084,12.4401,12.017,12.2951, ADP,1997-01-22,12.2655,12.4115,12.157,12.157, ADP,1997-01-23,12.2951,12.4115,11.9854,11.9854, ADP,1997-01-24,12.017,12.0525,11.8039,11.8404, ADP,1997-01-27,11.8404,12.157,11.734,11.8808, ADP,1997-01-28,11.8808,11.9854,11.523,11.5554, ADP,1997-01-29,11.4786,11.523,11.1699,11.2744, ADP,1997-01-30,11.3079,11.7014,11.2438,11.6255, ADP,1997-01-31,11.8039,11.9105,11.7014,11.7014, ADP,1997-02-03,11.7014,11.9105,11.7014,11.8039, ADP,1997-02-04,11.8808,12.017,11.8404,11.9105, ADP,1997-02-05,11.9105,12.1255,11.734,11.8404, ADP,1997-02-06,11.8808,11.9854,11.734,11.8039, ADP,1997-02-07,11.8808,12.017,11.659,11.9105, ADP,1997-02-10,11.9854,11.9854,11.4489,11.4489, ADP,1997-02-11,11.5939,11.9439,11.5554,11.9105, ADP,1997-02-12,11.8039,11.9105,11.7715,11.9105, ADP,1997-02-13,11.9105,12.2951,11.9105,12.157, ADP,1997-02-14,12.1896,12.2951,12.084,12.157, ADP,1997-02-18,12.157,12.2951,12.017,12.231, ADP,1997-02-19,12.231,12.2655,12.1255,12.1896, ADP,1997-02-20,12.1896,12.231,11.9439,12.017, ADP,1997-02-21,12.017,12.084,11.8808,11.9439, ADP,1997-02-24,11.8039,12.157,11.8039,12.1255, ADP,1997-02-25,12.157,12.231,12.0525,12.084, ADP,1997-02-26,12.157,12.1896,11.9854,12.017, ADP,1997-02-27,11.9439,12.2951,11.9105,12.0525, ADP,1997-02-28,12.0525,12.2655,12.0525,12.0525, ADP,1997-03-03,12.017,12.2951,11.9439,12.231, ADP,1997-03-04,12.2655,12.5485,12.2655,12.3375, ADP,1997-03-05,12.3681,12.5141,12.231,12.3681, ADP,1997-03-06,12.4115,12.5485,12.3681,12.4755, ADP,1997-03-07,12.5141,12.7202,12.5141,12.6156, ADP,1997-03-10,12.6156,12.6452,12.4755,12.6156, ADP,1997-03-11,12.6452,12.7626,12.6156,12.6452, ADP,1997-03-12,12.5801,12.7202,12.5801,12.6866, ADP,1997-03-13,12.5801,12.6452,12.4351,12.4667, ADP,1997-03-14,12.4351,12.5081,12.2221,12.2221, ADP,1997-03-17,12.1255,12.1896,11.9439,12.084, ADP,1997-03-18,12.157,12.2221,12.0525,12.1896, ADP,1997-03-19,12.1255,12.2951,11.9055,12.0101, ADP,1997-03-20,12.0101,12.2951,11.9439,12.2221, ADP,1997-03-21,12.2586,12.4667,12.1896,12.1896, ADP,1997-03-24,12.1896,12.1896,11.9439,12.0525, ADP,1997-03-25,12.0525,12.157,11.9786,12.0525, ADP,1997-03-26,12.1255,12.3307,12.0525,12.2586, ADP,1997-03-27,12.1896,12.3611,12.0525,12.084, ADP,1997-03-31,12.0525,12.1255,11.874,11.874, ADP,1997-04-01,11.7281,12.0525,11.6964,11.797, ADP,1997-04-02,11.797,12.0101,11.7635,11.8336, ADP,1997-04-03,11.7635,11.9439,11.6964,11.9439, ADP,1997-04-04,11.8336,12.2586,11.797,12.2221, ADP,1997-04-07,12.2586,12.3307,12.1896,12.3307, ADP,1997-04-08,12.3611,12.3611,12.1255,12.3307, ADP,1997-04-09,12.3307,12.3307,12.0101,12.0525, ADP,1997-04-10,12.157,12.157,11.874,11.9055, ADP,1997-04-11,11.8336,11.9439,11.6964,11.7635, ADP,1997-04-14,11.652,11.874,11.515,11.874, ADP,1997-04-15,11.9439,12.3307,11.9439,12.1896, ADP,1997-04-16,12.1896,12.4351,12.1255,12.4045, ADP,1997-04-17,12.4045,12.5081,12.1255,12.157, ADP,1997-04-18,12.157,12.7626,12.084,12.6866, ADP,1997-04-21,12.6866,12.6866,12.2586,12.3307, ADP,1997-04-22,12.2951,12.5801,12.2221,12.5081, ADP,1997-04-23,12.4045,12.6156,12.4045,12.5416, ADP,1997-04-24,12.6156,12.6452,12.4667,12.4667, ADP,1997-04-25,12.4667,12.5081,12.084,12.084, ADP,1997-04-28,12.1255,12.2951,12.084,12.2221, ADP,1997-04-29,12.5801,12.7202,12.5801,12.7202, ADP,1997-04-30,12.6156,12.9726,12.5801,12.8266, ADP,1997-05-01,12.7626,12.8987,12.7626,12.8266, ADP,1997-05-02,12.8266,13.3208,12.8266,13.2518, ADP,1997-05-05,13.2518,13.8149,13.1748,13.7862, ADP,1997-05-06,13.6807,13.8149,13.6088,13.7114, ADP,1997-05-07,13.6807,13.6807,13.3957,13.4282, ADP,1997-05-08,13.3208,13.7548,13.2902,13.5732, ADP,1997-05-09,13.5732,13.5732,13.2518,13.3563, ADP,1997-05-12,13.4282,13.6807,13.3957,13.6433, ADP,1997-05-13,13.6807,13.8848,13.5732,13.7862, ADP,1997-05-14,13.7114,13.9272,13.7114,13.8848, ADP,1997-05-15,13.8848,13.9272,13.7862,13.8848, ADP,1997-05-16,13.8848,13.8848,13.7114,13.8149, ADP,1997-05-19,13.8149,13.8848,13.7862,13.8514, ADP,1997-05-20,13.6807,13.8149,13.5043,13.7548, ADP,1997-05-21,13.7548,13.8514,13.5337,13.6433, ADP,1997-05-22,13.6088,13.6807,13.4282,13.5043, ADP,1997-05-23,13.5337,13.7862,13.5337,13.7548, ADP,1997-05-27,13.6807,14.0318,13.6088,13.8848, ADP,1997-05-28,13.8514,13.9599,13.7862,13.9272, ADP,1997-05-29,13.9599,13.9599,13.6807,13.8149, ADP,1997-05-30,13.7548,13.9272,13.5732,13.9272, ADP,1997-06-02,13.9272,13.9272,13.8514,13.8848, ADP,1997-06-03,13.7548,13.8848,13.6807,13.7114, ADP,1997-06-04,13.5732,13.6807,13.5043,13.5337, ADP,1997-06-05,13.6088,13.7862,13.5732,13.6807, ADP,1997-06-06,13.6433,13.9272,13.6433,13.8848, ADP,1997-06-09,13.7862,13.8848,13.7548,13.8514, ADP,1997-06-10,13.9272,13.9923,13.6807,13.7114, ADP,1997-06-11,13.7064,13.8149,13.6747,13.7064, ADP,1997-06-12,13.7823,13.8514,13.5279,13.6028, ADP,1997-06-13,13.6747,13.9599,13.6433,13.9272, ADP,1997-06-16,13.9599,14.1699,13.8848,14.1067, ADP,1997-06-17,14.0318,14.2458,13.9599,14.0318, ADP,1997-06-18,13.9599,13.9923,13.6747,13.7064, ADP,1997-06-19,13.7478,13.8848,13.6747,13.7064, ADP,1997-06-20,13.7064,13.8149,13.6433,13.6747, ADP,1997-06-23,13.6747,13.9272,13.4224,13.4618, ADP,1997-06-24,13.5674,13.8514,13.3878,13.8514, ADP,1997-06-25,13.7823,14.0505,13.4618,13.6433, ADP,1997-06-26,13.7064,13.7064,13.3493,13.4224, ADP,1997-06-27,13.4431,13.4618,13.1442,13.1748, ADP,1997-06-30,13.0741,13.3493,12.8593,13.3493, ADP,1997-07-01,13.3878,13.6028,13.2518,13.4431, ADP,1997-07-02,13.4618,13.5279,13.3169,13.5279, ADP,1997-07-03,13.6433,13.7064,13.5811,13.6433, ADP,1997-07-07,13.7823,14.0505,13.7064,13.9776, ADP,1997-07-08,13.9065,13.9599,13.7064,13.9599, ADP,1997-07-09,13.9272,13.9431,13.4431,13.4431, ADP,1997-07-10,13.4618,13.7064,13.3493,13.6433, ADP,1997-07-11,13.6747,13.8149,13.6433,13.801, ADP,1997-07-14,13.9272,13.9599,13.7261,13.8848, ADP,1997-07-15,13.9923,13.9923,13.8711,13.8848, ADP,1997-07-16,13.8848,14.2656,13.8514,14.2656, ADP,1997-07-17,14.2261,14.2833,14.0644,14.1373, ADP,1997-07-18,14.2833,14.3346,13.9272,13.9599, ADP,1997-07-21,13.8848,13.9272,13.6935,13.7064, ADP,1997-07-22,13.6747,13.9431,13.6433,13.8848, ADP,1997-07-23,13.9065,13.9599,13.7064,13.9599, ADP,1997-07-24,13.9272,14.0644,13.7478,14.0505, ADP,1997-07-25,14.0505,14.2458,13.7478,13.7823, ADP,1997-07-28,13.8149,13.9065,13.6935,13.7823, ADP,1997-07-29,13.7606,13.7606,13.516,13.656, ADP,1997-07-30,13.4963,13.9272,13.4963,13.8514, ADP,1997-07-31,13.9923,14.0644,13.7823,14.0644, ADP,1997-08-01,14.0644,14.1067,13.801,13.8711, ADP,1997-08-04,13.8149,14.0318,13.6935,13.8711, ADP,1997-08-05,13.8848,14.1196,13.8514,14.0644, ADP,1997-08-06,14.1067,14.1067,13.9065,13.9431, ADP,1997-08-07,14.0111,14.0318,13.6433,13.7064, ADP,1997-08-08,13.6433,13.656,13.1442,13.3878, ADP,1997-08-11,13.3878,13.7064,13.1748,13.4095, ADP,1997-08-12,13.5279,13.5279,13.1117,13.2311, ADP,1997-08-13,13.2311,13.3878,13.0741,13.1442, ADP,1997-08-14,13.1748,13.516,13.0939,13.2735, ADP,1997-08-15,13.2735,13.2832,12.946,12.9667, ADP,1997-08-18,12.8927,12.9845,12.6452,12.9845, ADP,1997-08-19,12.9845,13.0939,12.7547,12.8188, ADP,1997-08-20,12.7862,13.1955,12.7547,13.0741, ADP,1997-08-21,13.1245,13.1955,12.9667,13.0594, ADP,1997-08-22,12.9845,13.0939,12.733,13.0939, ADP,1997-08-25,12.9321,13.1442,12.9134,12.9845, ADP,1997-08-26,12.9321,12.9973,12.8188,12.9321, ADP,1997-08-27,12.8188,13.1117,12.6106,13.1117, ADP,1997-08-28,13.0387,13.1955,12.9134,12.9973, ADP,1997-08-29,12.8593,13.0387,12.66,12.946, ADP,1997-09-02,12.9321,13.3356,12.9321,13.2962, ADP,1997-09-03,13.3169,13.3356,13.0387,13.0594, ADP,1997-09-04,13.1117,13.2518,13.0741,13.2518, ADP,1997-09-05,13.3493,13.4095,13.0939,13.2518, ADP,1997-09-08,13.2832,13.4095,13.1442,13.3356, ADP,1997-09-09,13.2962,13.6216,13.161,13.5467, ADP,1997-09-10,13.4224,13.4224,12.9263,12.9401, ADP,1997-09-11,12.9056,12.9973,12.7063,12.8868, ADP,1997-09-12,12.9598,13.2832,12.7675,13.2448, ADP,1997-09-15,13.2665,13.6433,13.2665,13.2665, ADP,1997-09-16,13.2832,13.6028,13.2832,13.5674, ADP,1997-09-17,13.5674,13.6028,13.371,13.4963, ADP,1997-09-18,13.4963,13.5674,13.3493,13.4431, ADP,1997-09-19,13.4224,14.1067,13.4095,14.0111, ADP,1997-09-22,14.1067,14.1373,13.8848,13.9431, ADP,1997-09-23,13.9431,13.9599,13.7478,13.8149, ADP,1997-09-24,13.8711,14.2606,13.6216,13.6433, ADP,1997-09-25,13.7064,14.0318,13.6433,13.7261, ADP,1997-09-26,13.7261,14.1067,13.7261,14.088, ADP,1997-09-29,13.9599,14.1482,13.8711,14.1196, ADP,1997-09-30,14.1482,14.3277,13.9923,14.2389, ADP,1997-10-01,14.1837,14.2794,13.8514,13.9272, ADP,1997-10-02,13.9272,14.3997,13.9065,14.3997, ADP,1997-10-03,14.4529,14.6136,14.2261,14.3277, ADP,1997-10-06,14.3848,14.4342,14.2794,14.3997, ADP,1997-10-07,14.4184,14.6709,14.4184,14.5949, ADP,1997-10-08,14.6136,14.6136,14.3415,14.5101, ADP,1997-10-09,14.3848,14.4342,14.161,14.3415, ADP,1997-10-10,14.2389,14.4529,14.1837,14.3848, ADP,1997-10-13,14.3848,14.5219,14.2606,14.4875, ADP,1997-10-14,14.3415,14.3415,13.7478,13.9599, ADP,1997-10-15,13.9272,14.807,13.9272,14.5742, ADP,1997-10-16,14.7025,14.7547,14.5742,14.6709, ADP,1997-10-17,14.6709,14.6886,14.309,14.3415, ADP,1997-10-20,14.309,14.7547,14.2893,14.6136, ADP,1997-10-21,14.6482,14.8503,14.5742,14.8503, ADP,1997-10-22,14.7025,15.1315,14.5949,15.0791, ADP,1997-10-23,14.879,14.879,14.6136,14.6709, ADP,1997-10-24,14.7409,14.7725,14.3622,14.4875, ADP,1997-10-27,14.309,14.5219,13.9272,13.9776, ADP,1997-10-28,13.5279,14.5437,13.4963,14.5437, ADP,1997-10-29,14.5101,14.807,14.4529,14.5644, ADP,1997-10-30,14.2389,14.5742,14.2389,14.3848, ADP,1997-10-31,14.6344,14.6709,14.5219,14.5644, ADP,1997-11-03,14.6344,14.807,14.5437,14.7725, ADP,1997-11-04,14.7547,15.3079,14.7025,15.239, ADP,1997-11-05,15.239,15.239,14.9342,15.0584, ADP,1997-11-06,15.0998,15.593,15.0998,15.524, ADP,1997-11-07,15.239,15.3435,15.0998,15.239, ADP,1997-11-10,15.1315,15.3977,15.1315,15.384, ADP,1997-11-11,15.3435,15.809,15.3079,15.7735, ADP,1997-11-12,15.7024,16.2193,15.6512,15.668, ADP,1997-11-13,15.7221,16.2193,15.7024,16.2034, ADP,1997-11-14,16.2193,16.3435,16.166,16.166, ADP,1997-11-17,16.2587,16.4825,16.2587,16.3603, ADP,1997-11-18,16.311,16.311,15.7538,15.7932, ADP,1997-11-19,15.7735,16.3918,15.7538,16.238, ADP,1997-11-20,16.238,16.311,16.093,16.238, ADP,1997-11-21,16.2706,16.5891,16.1502,16.5723, ADP,1997-11-24,16.5161,16.5595,16.2193,16.311, ADP,1997-11-25,16.379,16.4411,16.093,16.2193, ADP,1997-11-26,16.1502,16.2193,15.9549,16.025, ADP,1997-11-28,16.0802,16.093,15.9549,16.025, ADP,1997-12-01,15.9205,16.166,15.8593,16.0802, ADP,1997-12-02,16.0802,16.093,15.9855,16.0605, ADP,1997-12-03,16.0605,16.0605,15.809,15.9746, ADP,1997-12-04,15.9332,15.9549,15.5624,15.593, ADP,1997-12-05,15.524,16.238,15.524,16.1867, ADP,1997-12-08,16.166,16.311,15.9855,16.1867, ADP,1997-12-09,16.1867,16.238,16.025,16.166, ADP,1997-12-10,16.0802,16.0802,15.5447,16.0043, ADP,1997-12-11,15.9855,15.9855,15.4894,15.9332, ADP,1997-12-12,15.9332,15.9855,15.593,15.9332, ADP,1997-12-15,15.9746,15.9855,15.5732,15.8454, ADP,1997-12-16,15.7418,15.9746,15.4352,15.7024, ADP,1997-12-17,15.7024,15.8819,15.6877,15.7735, ADP,1997-12-18,15.7735,15.7735,15.5111,15.6877, ADP,1997-12-19,15.6295,15.8277,15.4499,15.7538, ADP,1997-12-22,15.7735,16.2193,15.7735,16.1127, ADP,1997-12-23,16.0043,16.6462,15.9855,16.5467, ADP,1997-12-24,16.6158,16.808,16.6158,16.6158, ADP,1997-12-26,16.6255,16.6669,16.523,16.5959, ADP,1997-12-29,16.737,17.1315,16.737,17.027, ADP,1997-12-30,17.167,17.9028,17.1463,17.8821, ADP,1997-12-31,17.8484,17.8484,17.3249,17.522, ADP,1998-01-02,17.5053,17.522,16.9155,17.1315, ADP,1998-01-05,17.2381,17.377,17.0417,17.3633, ADP,1998-01-06,17.2588,17.4185,17.0911,17.3997, ADP,1998-01-07,17.3446,17.3446,17.027,17.167, ADP,1998-01-08,17.1315,17.1857,16.9323,17.0911, ADP,1998-01-09,17.0801,17.0801,16.7242,16.7538, ADP,1998-01-12,16.4352,17.1118,16.4352,17.1118, ADP,1998-01-13,17.1315,17.1857,16.9323,17.167, ADP,1998-01-14,17.1463,17.1463,16.7745,17.1315, ADP,1998-01-15,17.1463,17.2203,16.808,16.9027, ADP,1998-01-16,16.8623,17.1118,16.808,16.9865, ADP,1998-01-20,17.2074,17.4905,17.1857,17.4905, ADP,1998-01-21,17.4905,17.4905,17.2705,17.4392, ADP,1998-01-22,17.4185,17.7538,17.3997,17.4185, ADP,1998-01-23,17.4185,17.5575,17.2203,17.2912, ADP,1998-01-26,17.3446,17.377,17.1463,17.2912, ADP,1998-01-27,17.3633,17.4905,17.1315,17.3119, ADP,1998-01-28,17.3119,17.3249,17.0614,17.2203, ADP,1998-01-29,17.2203,17.4392,17.0911,17.1118, ADP,1998-01-30,17.1463,17.2588,17.0614,17.0801, ADP,1998-02-02,17.0911,17.5575,17.0911,17.5575, ADP,1998-02-03,17.595,17.809,17.4905,17.7538, ADP,1998-02-04,17.7765,17.8484,17.595,17.6503, ADP,1998-02-05,17.6503,17.671,17.3446,17.5053, ADP,1998-02-06,17.5053,17.522,17.2588,17.4185, ADP,1998-02-09,17.4185,17.4185,17.2203,17.3446, ADP,1998-02-10,17.3633,17.4185,17.1857,17.2588, ADP,1998-02-11,17.3446,17.3997,17.1463,17.3446, ADP,1998-02-12,17.2705,17.3446,17.0911,17.3249, ADP,1998-02-13,17.2588,17.3249,16.9865,17.2381, ADP,1998-02-17,17.3119,17.4185,17.0614,17.2912, ADP,1998-02-18,17.2912,17.5575,17.2705,17.4905, ADP,1998-02-19,17.4185,17.5782,17.167,17.167, ADP,1998-02-20,17.3119,17.4185,17.0911,17.3249, ADP,1998-02-23,17.3446,17.5782,17.3249,17.4185, ADP,1998-02-24,17.3997,17.3997,17.0417,17.1118, ADP,1998-02-25,17.1857,17.5575,17.1463,17.377, ADP,1998-02-26,17.3997,17.6503,17.2203,17.6503, ADP,1998-02-27,17.6503,17.6503,17.4185,17.4392, ADP,1998-03-02,17.3119,17.671,17.2912,17.671, ADP,1998-03-03,17.6503,17.7765,17.595,17.7321, ADP,1998-03-04,17.671,17.8604,17.4185,17.809, ADP,1998-03-05,17.6503,17.809,17.4481,17.4905, ADP,1998-03-06,17.6296,18.164,17.6296,18.0063, ADP,1998-03-09,18.0063,18.2193,17.9135,18.0063, ADP,1998-03-10,17.9678,18.3455,17.8604,18.2716, ADP,1998-03-11,18.2538,18.4727,18.1976,18.378, ADP,1998-03-12,18.312,18.5556,18.0812,18.1147, ADP,1998-03-13,18.312,19.165,18.2933,19.1335, ADP,1998-03-16,19.165,19.2528,18.9126,19.2411, ADP,1998-03-17,19.0941,19.1463,18.7883,18.882, ADP,1998-03-18,18.882,19.3446,18.882,19.2528, ADP,1998-03-19,19.4727,19.887,19.3781,19.887, ADP,1998-03-20,20.0675,20.1009,19.7617,19.8317, ADP,1998-03-23,19.7755,20.2262,19.7617,20.1206, ADP,1998-03-24,20.1206,20.1206,19.818,20.0468, ADP,1998-03-25,20.028,20.1009,19.6108,19.8317, ADP,1998-03-26,19.7617,19.9974,19.67,19.9747, ADP,1998-03-27,19.8998,19.9205,19.3446,19.453, ADP,1998-03-30,19.4856,19.5566,19.0734,19.165, ADP,1998-03-31,19.0604,19.5792,19.0604,19.4727, ADP,1998-04-01,19.3978,19.453,19.021,19.2528, ADP,1998-04-02,19.2528,19.3032,19.021,19.2932, ADP,1998-04-03,19.2411,19.4195,19.165,19.2411, ADP,1998-04-06,19.1857,19.2006,18.5556,18.7223, ADP,1998-04-07,18.6502,18.7351,18.2538,18.4511, ADP,1998-04-08,18.312,18.7548,18.312,18.5447, ADP,1998-04-09,18.6661,18.8426,18.6502,18.8426, ADP,1998-04-13,18.811,19.0073,18.6877,18.955, ADP,1998-04-14,18.9352,19.0604,18.6315,18.7223, ADP,1998-04-15,18.7006,19.0604,18.6502,19.021, ADP,1998-04-16,18.955,18.9886,18.8653,18.9352, ADP,1998-04-17,18.9352,19.3446,18.8653,19.2932, ADP,1998-04-20,19.3032,19.6108,19.2932,19.523, ADP,1998-04-21,19.453,19.523,19.1463,19.4727, ADP,1998-04-22,19.3781,19.4195,19.1463,19.3978, ADP,1998-04-23,19.2725,19.3249,18.7351,18.8919, ADP,1998-04-24,18.8919,19.1463,18.7548,18.9352, ADP,1998-04-27,18.955,18.9698,18.5556,18.6502, ADP,1998-04-28,18.6661,18.8426,18.1463,18.312, ADP,1998-04-29,18.312,18.6502,18.312,18.6502, ADP,1998-04-30,18.7223,19.1463,18.7006,19.1463, ADP,1998-05-01,19.165,19.1857,18.7223,18.955, ADP,1998-05-04,18.9886,19.1148,18.7223,18.8919, ADP,1998-05-05,18.8426,18.8426,18.6078,18.7548, ADP,1998-05-06,18.7351,18.7351,18.4135,18.4511, ADP,1998-05-07,18.5556,18.5743,18.241,18.2538, ADP,1998-05-08,18.2716,18.8426,18.2716,18.5556, ADP,1998-05-11,18.6315,18.7223,18.3455,18.3455, ADP,1998-05-12,18.4135,18.5556,18.1976,18.526, ADP,1998-05-13,18.4511,19.3032,18.3987,19.1335, ADP,1998-05-14,19.1148,19.1148,18.8426,18.9698, ADP,1998-05-15,19.0941,19.0941,18.5743,18.5941, ADP,1998-05-18,18.6661,18.6877,17.9678,18.241, ADP,1998-05-19,18.2716,18.3455,18.1315,18.2933, ADP,1998-05-20,18.3653,18.4727,17.9559,18.4294, ADP,1998-05-21,18.5052,18.7735,18.312,18.7006, ADP,1998-05-22,18.6661,18.6661,18.4294,18.4511, ADP,1998-05-26,18.4511,18.5052,18.0812,18.095, ADP,1998-05-27,18.0191,18.164,17.6296,17.9135, ADP,1998-05-28,17.9135,18.1147,17.7883,17.9559, ADP,1998-05-29,18.1315,18.3653,18.0418,18.1976, ADP,1998-06-01,18.1976,18.4925,18.0595,18.3653, ADP,1998-06-02,18.3653,18.5556,18.2716,18.4294, ADP,1998-06-03,18.5447,18.8297,18.4925,18.5052, ADP,1998-06-04,18.3653,18.5052,18.1779,18.5052, ADP,1998-06-05,18.5743,18.7006,18.5052,18.6078, ADP,1998-06-08,18.8426,19.3653,18.811,19.2725, ADP,1998-06-09,19.2528,19.597,19.0604,19.3781, ADP,1998-06-10,19.3317,19.5083,18.9935,19.028, ADP,1998-06-11,19.028,19.0487,18.6661,18.7548, ADP,1998-06-12,18.5941,18.8919,18.5447,18.8297, ADP,1998-06-15,18.6315,19.1857,18.6315,18.7006, ADP,1998-06-16,18.6661,19.4906,18.6502,19.384, ADP,1998-06-17,19.4906,20.028,19.4264,20.028, ADP,1998-06-18,20.0112,20.028,19.7755,19.8721, ADP,1998-06-19,19.8998,20.028,19.5427,19.7391, ADP,1998-06-22,19.7243,19.8721,19.531,19.5862, ADP,1998-06-23,19.6907,20.2065,19.6572,20.2065, ADP,1998-06-24,20.1877,20.6256,19.955,20.5645, ADP,1998-06-25,20.4915,20.6996,20.1532,20.3012, ADP,1998-06-26,20.3012,20.3534,20.1345,20.172, ADP,1998-06-29,20.2804,20.4915,20.2262,20.4797, ADP,1998-06-30,20.5319,20.888,20.1877,20.888, ADP,1998-07-01,20.888,21.175,20.6996,21.175, ADP,1998-07-02,21.175,21.2648,20.8583,21.175, ADP,1998-07-06,21.175,21.4796,21.175,21.4796, ADP,1998-07-07,21.4796,21.4796,20.9836,21.0664, ADP,1998-07-08,21.0664,21.6453,21.0664,21.4659, ADP,1998-07-09,21.3741,21.3741,21.1078,21.175, ADP,1998-07-10,21.034,21.1425,20.3534,20.7272, ADP,1998-07-13,20.7825,21.0191,20.6444,20.8249, ADP,1998-07-14,20.8583,21.1425,20.8583,21.1425, ADP,1998-07-15,21.2124,21.2855,20.9254,21.2124, ADP,1998-07-16,21.1078,21.2648,20.9836,21.2648, ADP,1998-07-17,21.3416,21.3416,21.0191,21.1078, ADP,1998-07-20,21.0861,21.1208,20.7686,20.888, ADP,1998-07-21,20.9254,20.9619,20.6444,20.6592, ADP,1998-07-22,20.6799,20.8376,20.4915,20.7095, ADP,1998-07-23,20.5645,20.7095,20.2262,20.2262, ADP,1998-07-24,20.2617,20.4185,20.0675,20.0812, ADP,1998-07-27,20.0675,20.1345,19.7755,20.0468, ADP,1998-07-28,19.9747,20.0112,19.4264,19.6374, ADP,1998-07-29,19.7755,19.9205,19.597,19.597, ADP,1998-07-30,19.5862,19.9205,19.4906,19.818, ADP,1998-07-31,19.7084,19.7084,19.2588,19.4057, ADP,1998-08-03,19.3317,19.887,19.0783,19.6374, ADP,1998-08-04,19.6374,19.7962,19.2478,19.2478, ADP,1998-08-05,19.2478,19.2982,18.378,19.173, ADP,1998-08-06,19.028,19.1009,18.8653,18.8919, ADP,1998-08-07,18.8919,19.0487,18.6315,18.811, ADP,1998-08-10,18.7351,18.8919,18.3987,18.882, ADP,1998-08-11,18.7735,19.173,18.4511,19.1207, ADP,1998-08-12,19.2074,19.8317,18.882,19.818, ADP,1998-08-13,19.818,19.8317,19.1009,19.1522, ADP,1998-08-14,19.2074,19.5635,19.2074,19.5635, ADP,1998-08-17,19.5427,20.1877,19.4402,19.955, ADP,1998-08-18,19.9974,20.386,19.9402,20.312, ADP,1998-08-19,20.3317,20.386,19.9974,20.028, ADP,1998-08-20,20.028,20.3643,19.7755,20.2617, ADP,1998-08-21,20.2617,20.2804,19.4057,20.1009, ADP,1998-08-24,20.1345,20.3317,19.67,20.0675, ADP,1998-08-25,20.1206,20.4037,19.9974,20.1009, ADP,1998-08-26,19.9747,20.2617,19.818,19.955, ADP,1998-08-27,19.9402,19.955,19.2795,19.2795, ADP,1998-08-28,19.2795,19.4906,18.9126,19.31, ADP,1998-08-31,19.3317,19.3653,18.1976,18.2716, ADP,1998-09-01,18.6315,19.2478,18.5052,19.1857, ADP,1998-09-02,19.2074,20.2617,19.1857,20.0468, ADP,1998-09-03,19.7755,19.9205,19.5862,19.7962, ADP,1998-09-04,20.028,20.0675,19.4057,19.7755, ADP,1998-09-08,20.2065,20.8583,19.955,20.8583, ADP,1998-09-09,20.8376,21.1425,20.7686,20.9619, ADP,1998-09-10,20.6444,20.7095,20.0675,20.1009, ADP,1998-09-11,19.9402,20.6996,19.9205,20.6799, ADP,1998-09-14,20.8583,20.9619,20.7686,20.9254, ADP,1998-09-15,20.7825,20.9412,20.6019,20.9412, ADP,1998-09-16,20.8376,21.2855,20.7095,21.2855, ADP,1998-09-17,21.0063,21.0861,20.7686,20.8771, ADP,1998-09-18,20.9412,21.1208,20.7825,21.0861, ADP,1998-09-21,20.9254,21.2321,20.8583,21.2321, ADP,1998-09-22,21.3938,21.8968,21.1947,21.821, ADP,1998-09-23,21.7184,22.3613,21.5764,22.3456, ADP,1998-09-24,22.2746,22.3613,22.1276,22.2874, ADP,1998-09-25,22.2213,22.8319,22.1079,22.8112, ADP,1998-09-28,22.9373,23.1001,22.5458,22.7568, ADP,1998-09-29,22.6512,22.672,21.8091,21.9679, ADP,1998-09-30,21.821,21.9491,21.2855,21.4659, ADP,1998-10-01,21.246,21.246,19.5083,19.5083, ADP,1998-10-02,19.5083,19.955,18.9886,19.6572, ADP,1998-10-05,19.4906,19.5083,18.7883,19.0397, ADP,1998-10-06,19.2478,19.4906,19.1463,19.2271, ADP,1998-10-07,19.2478,19.5635,19.0734,19.531, ADP,1998-10-08,19.2795,19.818,19.0397,19.7243, ADP,1998-10-09,19.887,20.6592,19.8317,20.6256, ADP,1998-10-12,20.6996,21.2855,20.6996,20.888, ADP,1998-10-13,20.888,20.888,19.9747,20.6019, ADP,1998-10-14,20.6019,21.2321,20.3012,21.2321, ADP,1998-10-15,21.1632,22.2874,20.9836,22.2006, ADP,1998-10-16,22.4008,22.4008,21.6453,22.0961, ADP,1998-10-19,22.0408,22.4324,22.0004,22.2539, ADP,1998-10-20,22.9778,23.03,22.4649,22.5211, ADP,1998-10-21,22.2539,22.6908,22.2539,22.4551, ADP,1998-10-22,22.4649,22.9551,22.3052,22.8683, ADP,1998-10-23,22.8496,22.882,22.4137,22.4649, ADP,1998-10-26,22.4837,22.6908,22.1276,22.1473, ADP,1998-10-27,22.3613,22.5211,21.2321,21.5576, ADP,1998-10-28,21.4531,21.6316,21.3938,21.4659, ADP,1998-10-29,21.5398,22.237,21.5398,22.2006, ADP,1998-10-30,22.4008,22.7046,22.3052,22.3456, ADP,1998-11-02,22.3613,23.0804,22.3456,23.0804, ADP,1998-11-03,22.9551,23.0804,22.7568,22.9018, ADP,1998-11-04,22.9778,23.3328,22.9778,23.2204, ADP,1998-11-05,23.2075,24.2155,23.0597,23.7312, ADP,1998-11-06,23.5784,23.8574,23.5123,23.679, ADP,1998-11-09,23.7312,23.7638,23.2618,23.6376, ADP,1998-11-10,23.7638,23.818,23.4008,23.526, ADP,1998-11-11,23.5123,23.526,22.8496,23.0804, ADP,1998-11-12,23.0804,23.0804,22.5063,22.745, ADP,1998-11-13,22.8112,22.9551,22.672,22.745, ADP,1998-11-16,22.9778,23.1563,22.8112,22.9235, ADP,1998-11-17,22.9778,23.1001,22.8496,22.9018, ADP,1998-11-18,22.9018,22.9936,22.6908,22.9551, ADP,1998-11-19,23.0093,23.0804,22.8683,22.9551, ADP,1998-11-20,23.0597,23.0804,22.7233,22.8112, ADP,1998-11-23,22.8112,22.9235,22.6178,22.7982, ADP,1998-11-24,22.5991,22.6178,21.9491,22.4837, ADP,1998-11-25,22.4649,22.5655,22.2539,22.4837, ADP,1998-11-27,22.4137,22.4551,22.1799,22.2539, ADP,1998-11-30,22.2539,22.4008,21.8447,22.1079, ADP,1998-12-01,22.0408,22.2746,21.821,22.1473, ADP,1998-12-02,21.9354,22.8683,21.8644,22.7982, ADP,1998-12-03,22.6512,22.9018,21.7184,21.7184, ADP,1998-12-04,21.821,22.2539,21.821,22.237, ADP,1998-12-07,22.2539,22.4551,22.1799,22.4137, ADP,1998-12-08,22.3456,22.6908,22.237,22.4008, ADP,1998-12-09,22.393,22.6779,22.1543,22.1543, ADP,1998-12-10,22.168,22.2056,21.8278,21.8712, ADP,1998-12-11,21.9935,22.0832,21.7756,21.8712, ADP,1998-12-14,21.7943,21.7943,21.2922,21.4926, ADP,1998-12-15,21.5635,21.7263,21.1493,21.7263, ADP,1998-12-16,21.9038,22.0478,21.0063,21.6385, ADP,1998-12-17,21.7046,22.3397,21.6887,22.3002, ADP,1998-12-18,22.3209,22.5734,22.2056,22.393, ADP,1998-12-21,22.3397,22.8683,22.1543,22.2667, ADP,1998-12-22,22.2667,22.6779,22.0083,22.532, ADP,1998-12-23,22.6779,22.9856,22.5734,22.7302, ADP,1998-12-24,22.9432,23.0143,22.8683,23.0143, ADP,1998-12-28,23.0143,23.1493,22.7519,22.8555, ADP,1998-12-29,23.0931,23.0931,22.6582,22.9995, ADP,1998-12-30,22.9995,23.0744,22.7648,22.9619, ADP,1998-12-31,23.0143,23.1079,22.8179,23.0744, ADP,1999-01-04,23.5942,23.6641,23.0487,23.3387, ADP,1999-01-05,23.5192,23.5586,22.6986,23.1296, ADP,1999-01-06,23.3092,23.6977,22.9856,23.6641, ADP,1999-01-07,23.8052,24.1356,23.4166,24.0616, ADP,1999-01-08,24.0321,24.0616,23.4856,23.8052, ADP,1999-01-11,23.7707,23.9225,23.2331,23.5586, ADP,1999-01-12,23.3092,23.4856,22.4067,22.5862, ADP,1999-01-13,21.8712,23.0143,21.8712,22.7302, ADP,1999-01-14,22.1543,22.1859,20.8643,21.2922, ADP,1999-01-15,22.1543,22.3397,21.7943,21.9748, ADP,1999-01-19,21.9354,22.7648,21.7568,22.7302, ADP,1999-01-20,22.6247,23.0487,22.1859,22.4768, ADP,1999-01-21,22.4471,22.4471,21.8712,21.9038, ADP,1999-01-22,21.7568,22.3002,21.4382,21.7568, ADP,1999-01-25,22.0478,22.2667,21.5842,21.8712, ADP,1999-01-26,22.0083,22.4471,21.8712,21.8712, ADP,1999-01-27,22.1543,22.4067,21.8712,22.0083, ADP,1999-01-28,22.4471,23.2017,22.2292,23.1642, ADP,1999-01-29,23.1642,24.5241,22.9432,24.4926, ADP,1999-02-01,24.1701,24.3466,23.8052,24.2391, ADP,1999-02-02,24.1701,24.2076,23.7381,24.1701, ADP,1999-02-03,23.8841,24.1701,23.8052,24.1701, ADP,1999-02-04,24.1356,24.4206,23.8437,24.4206, ADP,1999-02-05,24.4206,24.4206,23.6641,24.0321, ADP,1999-02-08,23.8841,23.9225,23.0487,23.5942, ADP,1999-02-09,23.5942,23.6316,23.0931,23.2017, ADP,1999-02-10,23.3387,23.8841,23.3092,23.5942, ADP,1999-02-11,23.5586,24.1356,23.3801,24.0951, ADP,1999-02-12,24.0951,24.0951,23.3801,23.6641, ADP,1999-02-16,23.7381,24.0321,23.5942,23.8052, ADP,1999-02-17,23.5942,23.8437,23.4856,23.6977, ADP,1999-02-18,23.3801,23.5586,22.8683,23.5586, ADP,1999-02-19,23.4856,23.5586,23.1642,23.2331, ADP,1999-02-22,23.3801,24.1701,23.3092,24.1356, ADP,1999-02-23,23.7707,24.316,23.6641,24.0321, ADP,1999-02-24,24.0321,24.0616,23.5942,23.6316, ADP,1999-02-25,23.5586,23.5942,22.9432,23.2017, ADP,1999-02-26,23.5192,23.5192,22.7302,22.8683, ADP,1999-03-01,22.8683,22.8683,22.2292,22.7302, ADP,1999-03-02,22.8683,23.1642,22.5211,22.7648, ADP,1999-03-03,22.7302,22.7648,22.0832,22.5862, ADP,1999-03-04,22.5862,22.7648,22.3397,22.5862, ADP,1999-03-05,23.0143,23.0143,22.3733,22.8396, ADP,1999-03-08,22.8396,23.1642,22.5862,22.8683, ADP,1999-03-09,22.8683,23.0931,22.5211,22.5862, ADP,1999-03-10,22.6642,22.7697,22.0162,22.3456, ADP,1999-03-11,22.4837,22.6986,22.237,22.3801, ADP,1999-03-12,22.5911,22.5911,22.237,22.3801, ADP,1999-03-15,22.0556,22.4137,21.9097,22.0556, ADP,1999-03-16,22.4137,22.5911,22.1198,22.4551, ADP,1999-03-17,22.7697,23.1001,22.6642,22.9235, ADP,1999-03-18,22.7697,23.679,22.7697,23.6376, ADP,1999-03-19,24.4354,24.4354,22.9936,22.9936, ADP,1999-03-22,23.03,23.6069,23.03,23.3466, ADP,1999-03-23,23.4225,23.4225,22.6986,22.7697, ADP,1999-03-24,22.9235,23.0597,22.5911,22.9235, ADP,1999-03-25,23.0597,23.171,22.6315,22.6986, ADP,1999-03-26,22.5911,22.6986,22.3052,22.3456, ADP,1999-03-29,23.0597,23.3871,22.7697,23.2805, ADP,1999-03-30,23.2805,23.818,23.171,23.532, ADP,1999-03-31,23.3466,24.0379,23.3466,23.8574, ADP,1999-04-01,23.8574,24.0379,23.4975,23.8574, ADP,1999-04-05,23.9985,24.1011,23.745,24.0695, ADP,1999-04-06,24.0379,24.1011,23.2075,23.3466, ADP,1999-04-07,23.6069,23.6069,22.6315,23.1365, ADP,1999-04-08,23.1365,23.679,23.03,23.5705, ADP,1999-04-09,23.532,24.0379,23.315,23.8574, ADP,1999-04-12,23.4975,24.2155,23.4975,24.0695, ADP,1999-04-13,24.1011,24.3269,23.9225,24.2155, ADP,1999-04-14,23.9225,23.9985,23.6376,23.745, ADP,1999-04-15,23.6376,23.9225,23.2805,23.4975, ADP,1999-04-16,23.4975,23.745,23.171,23.4225, ADP,1999-04-19,23.4975,23.7845,23.2075,23.2075, ADP,1999-04-20,23.7845,23.7845,22.6315,22.7697, ADP,1999-04-21,23.9225,23.9225,23.4522,23.818, ADP,1999-04-22,23.9225,24.7558,23.7845,24.7558, ADP,1999-04-23,24.7194,26.0872,24.6445,25.9758, ADP,1999-04-26,25.7993,26.9591,25.4808,26.6278, ADP,1999-04-27,27.0233,27.0233,26.0872,26.4127, ADP,1999-04-28,26.4127,26.4127,25.7648,26.0192, ADP,1999-04-29,26.2342,26.3407,25.3634,26.3062, ADP,1999-04-30,26.0567,26.1286,25.5103,25.6573, ADP,1999-05-03,25.6573,25.9423,25.4432,25.6573, ADP,1999-05-04,25.7313,26.1632,25.6217,25.6573, ADP,1999-05-05,25.5518,25.9048,25.2628,25.9048, ADP,1999-05-06,25.6907,25.9048,25.4432,25.8397, ADP,1999-05-07,25.6907,26.0192,25.3299,25.7993, ADP,1999-05-10,25.2973,25.5103,25.0804,25.3299, ADP,1999-05-11,25.3634,25.6573,25.2194,25.5103, ADP,1999-05-12,25.5902,26.0192,25.1513,25.8397, ADP,1999-05-13,25.9048,26.2342,25.7313,25.9423, ADP,1999-05-14,25.7993,25.9423,25.4808,25.6217, ADP,1999-05-17,25.4432,25.7993,25.3998,25.6573, ADP,1999-05-18,25.6573,25.8397,25.0804,25.2973, ADP,1999-05-19,25.2973,25.3634,25.1178,25.3634, ADP,1999-05-20,25.3634,25.8713,25.3299,25.7648, ADP,1999-05-21,25.7993,26.0192,25.6907,25.9758, ADP,1999-05-24,25.7313,25.9758,25.4432,25.5902, ADP,1999-05-25,25.5902,25.9423,24.9038,24.9394, ADP,1999-05-26,25.0439,25.1513,24.3594,24.5754, ADP,1999-05-27,24.2155,24.8309,23.4225,23.679, ADP,1999-05-28,23.532,24.2155,23.4975,23.745, ADP,1999-06-01,23.4975,23.6376,22.9936,23.4225, ADP,1999-06-02,23.4975,24.394,23.171,24.1493, ADP,1999-06-03,23.9985,24.6148,23.891,24.5754, ADP,1999-06-04,24.4354,24.9394,24.3269,24.6148, ADP,1999-06-07,24.394,24.538,23.6376,23.6376, ADP,1999-06-08,23.7104,24.2155,23.5705,23.679, ADP,1999-06-09,23.7923,23.9275,23.5399,23.7164, ADP,1999-06-10,23.5705,23.5705,23.036,23.5399, ADP,1999-06-11,23.6139,23.7164,22.5655,22.9619, ADP,1999-06-14,23.176,23.6859,22.9619,23.2144, ADP,1999-06-15,23.4353,24.0113,23.2481,23.6454, ADP,1999-06-16,23.7164,24.1879,23.6454,24.0409, ADP,1999-06-17,23.5399,24.0113,23.3939,23.824, ADP,1999-06-18,23.8644,24.3999,23.7164,24.3999, ADP,1999-06-21,24.4728,24.4728,23.7923,23.9768, ADP,1999-06-22,23.8644,24.0113,23.6859,23.824, ADP,1999-06-23,23.824,23.824,23.3209,23.824, ADP,1999-06-24,23.5705,23.6454,23.1435,23.2481, ADP,1999-06-25,23.5399,24.1129,23.3939,23.7509, ADP,1999-06-28,24.1129,24.7351,24.0113,24.2223, ADP,1999-06-29,24.0823,25.4502,24.0409,25.3781, ADP,1999-06-30,25.3121,25.4156,24.6562,25.4156, ADP,1999-07-01,25.2688,25.7046,25.2017,25.5597, ADP,1999-07-02,25.601,25.7786,25.4502,25.7786, ADP,1999-07-06,25.4876,25.5597,25.2017,25.3121, ADP,1999-07-07,25.2688,25.672,24.9788,25.672, ADP,1999-07-08,25.4156,25.672,24.5527,25.0872, ADP,1999-07-09,25.0872,25.2017,24.6908,25.1652, ADP,1999-07-12,25.1652,25.2017,24.7962,24.9788, ADP,1999-07-13,24.9462,25.1316,24.5527,24.8358, ADP,1999-07-14,24.8713,25.0872,24.3328,25.0567, ADP,1999-07-15,24.9788,25.2688,24.5527,24.8358, ADP,1999-07-16,24.9788,25.9177,24.8358,25.8121, ADP,1999-07-19,25.8525,25.8831,25.2017,25.672, ADP,1999-07-20,25.7046,25.7046,24.7678,25.2688, ADP,1999-07-21,25.3121,25.672,25.1316,25.672, ADP,1999-07-22,25.4876,25.4876,24.0823,24.0823, ADP,1999-07-23,24.1129,24.2608,23.824,24.0409, ADP,1999-07-26,24.1879,24.5527,23.6454,23.824, ADP,1999-07-27,23.7164,23.8968,23.4353,23.6859, ADP,1999-07-28,23.7164,23.7923,23.4659,23.7509, ADP,1999-07-29,23.4659,23.6139,22.8112,23.3209, ADP,1999-07-30,23.3209,23.4353,22.526,23.1435, ADP,1999-08-02,22.8112,23.2805,22.5655,22.7765, ADP,1999-08-03,23.0664,23.1435,22.46,22.9294, ADP,1999-08-04,23.1435,23.3535,22.526,22.672, ADP,1999-08-05,22.672,23.5399,22.5655,22.9619, ADP,1999-08-06,22.9995,23.176,22.5991,22.9619, ADP,1999-08-09,22.9619,23.176,22.6375,22.745, ADP,1999-08-10,22.9619,22.9619,21.5842,21.9491, ADP,1999-08-11,21.9165,22.5655,21.8091,22.526, ADP,1999-08-12,22.745,23.3209,22.7046,23.1001, ADP,1999-08-13,23.1001,23.6454,23.036,23.3939, ADP,1999-08-16,23.2805,23.6139,23.2805,23.3939, ADP,1999-08-17,23.176,23.5043,22.9619,23.4659, ADP,1999-08-18,23.1001,23.5043,23.036,23.3939, ADP,1999-08-19,23.1001,23.2805,22.672,22.889, ADP,1999-08-20,22.889,23.1435,22.8496,23.0664, ADP,1999-08-23,23.1001,23.3535,22.9995,23.0664, ADP,1999-08-24,22.8496,23.0664,22.526,22.8112, ADP,1999-08-25,22.8112,22.8496,22.3456,22.8496, ADP,1999-08-26,22.526,22.9294,22.4905,22.9294, ADP,1999-08-27,22.8112,23.1001,22.8112,22.9294, ADP,1999-08-30,22.7046,22.9619,22.3456,22.4905, ADP,1999-08-31,22.5655,22.8112,22.2746,22.7046, ADP,1999-09-01,22.7046,23.2481,22.5655,23.2144, ADP,1999-09-02,23.1001,23.1001,22.5991,22.889, ADP,1999-09-03,23.1001,23.3535,23.0664,23.2805, ADP,1999-09-07,23.3209,24.6238,23.1435,24.0113, ADP,1999-09-08,23.9837,24.7421,23.7233,24.5961, ADP,1999-09-09,24.4481,24.9591,24.3091,24.9177, ADP,1999-09-10,24.9177,24.9177,24.2283,24.2283, ADP,1999-09-13,24.3801,24.4866,24.2283,24.3801, ADP,1999-09-14,24.0872,24.6967,24.0872,24.6967, ADP,1999-09-15,24.6967,24.6967,24.1208,24.1947, ADP,1999-09-16,24.2677,24.5172,24.1582,24.3397, ADP,1999-09-17,24.3091,24.6967,24.3091,24.5172, ADP,1999-09-20,24.4137,24.9177,24.4137,24.7795, ADP,1999-09-21,24.8486,24.8486,24.0872,24.3091, ADP,1999-09-22,24.3397,24.5961,23.8703,24.2283, ADP,1999-09-23,24.1208,24.6612,24.0478,24.1208, ADP,1999-09-24,23.9837,24.8486,23.9107,24.5607, ADP,1999-09-27,24.886,25.0627,24.6612,24.9177, ADP,1999-09-28,24.886,24.9177,24.2677,24.5961, ADP,1999-09-29,24.5607,25.3239,24.5172,25.03, ADP,1999-09-30,25.03,25.8594,24.9177,25.825, ADP,1999-10-01,25.678,25.7184,25.1385,25.3851, ADP,1999-10-04,25.4629,25.898,25.3851,25.898, ADP,1999-10-05,25.898,25.898,24.886,25.3851, ADP,1999-10-06,25.4629,25.8594,25.2825,25.678, ADP,1999-10-07,26.0389,26.0389,25.5655,25.5655, ADP,1999-10-08,25.6396,26.2539,25.6396,26.1079, ADP,1999-10-11,26.0389,26.4009,25.898,26.2963, ADP,1999-10-12,26.1938,26.2963,25.9285,26.0044, ADP,1999-10-13,26.0389,26.2243,25.898,25.964, ADP,1999-10-14,25.964,26.7668,25.6079,26.3289, ADP,1999-10-15,26.3289,26.3289,25.4285,25.4995, ADP,1999-10-18,25.6396,25.7184,25.17,25.6079, ADP,1999-10-19,25.753,26.0389,25.5291,25.7184, ADP,1999-10-20,25.964,26.6622,25.9285,26.6218, ADP,1999-10-21,26.2963,26.5794,26.2243,26.5459, ADP,1999-10-22,26.6919,27.5626,26.6218,27.4482, ADP,1999-10-25,27.1977,27.7421,27.1297,27.3082, ADP,1999-10-26,27.3753,27.6633,27.1977,27.2698, ADP,1999-10-27,27.2698,27.3417,26.9779,27.2371, ADP,1999-10-28,27.6022,27.9187,27.3082,27.5271, ADP,1999-10-29,27.6633,28.1395,27.5271,27.8841, ADP,1999-11-01,28.0686,28.1771,27.7421,27.8131, ADP,1999-11-02,27.7796,27.9985,27.3417,27.5271, ADP,1999-11-03,27.4886,27.6633,26.9779,27.2698, ADP,1999-11-04,27.4138,27.4138,26.9068,27.0163, ADP,1999-11-05,27.3417,27.7057,27.2698,27.6326, ADP,1999-11-08,27.7057,28.1771,27.4482,28.1395, ADP,1999-11-09,28.2066,28.2066,27.6633,27.8427, ADP,1999-11-10,27.9985,28.2836,27.7057,28.1051, ADP,1999-11-11,28.2412,28.6071,28.1051,28.536, ADP,1999-11-12,28.469,28.894,28.469,28.679, ADP,1999-11-15,28.7184,28.8249,28.469,28.7184, ADP,1999-11-16,39.6,40.45,39.21,40.4, ADP,1999-11-17,29.4749,29.6515,29.2214,29.3299, ADP,1999-11-18,29.5459,29.5459,28.754,29.0046, ADP,1999-11-19,28.8596,29.2214,28.754,29.184, ADP,1999-11-22,29.2214,29.5134,28.754,28.9709, ADP,1999-11-23,28.8249,28.894,28.3576,28.387, ADP,1999-11-24,28.2066,28.9709,28.0271,28.894, ADP,1999-11-26,28.6071,28.9709,28.536,28.9394, ADP,1999-11-29,28.5734,28.8596,27.9187,28.4227, ADP,1999-11-30,28.4227,28.7184,28.387,28.5734, ADP,1999-12-01,28.3576,28.679,27.9985,28.1051, ADP,1999-12-02,28.3576,29.184,28.3152,29.047, ADP,1999-12-03,28.9394,30.0193,28.9394,29.6515, ADP,1999-12-06,29.4424,29.5134,28.894,29.1505, ADP,1999-12-07,29.184,29.9147,29.1505,29.5903, ADP,1999-12-08,29.9247,29.9995,29.4168,29.5282, ADP,1999-12-09,29.6386,29.9995,29.3497,29.7057, ADP,1999-12-10,29.7057,29.7057,28.8803,29.1268, ADP,1999-12-13,29.1633,29.6386,29.0183,29.2777, ADP,1999-12-14,29.4168,29.7057,29.1967,29.2372, ADP,1999-12-15,29.0183,29.3497,28.6534,28.8881, ADP,1999-12-16,28.7274,29.4887,28.5874,29.4168, ADP,1999-12-17,29.2777,29.6722,28.9148,29.0183, ADP,1999-12-20,29.1268,30.327,29.1268,29.5282, ADP,1999-12-21,29.7816,30.685,29.5617,30.685, ADP,1999-12-22,30.6189,30.6189,29.5282,29.7816, ADP,1999-12-23,29.9995,30.5824,29.8881,30.4364, ADP,1999-12-27,30.394,30.6465,30.04,30.6465, ADP,1999-12-28,30.6189,30.826,30.1465,30.2915, ADP,1999-12-29,30.4364,31.1939,30.3546,31.0519, ADP,1999-12-30,30.9068,31.7047,30.9068,31.7047, ADP,1999-12-31,31.7047,31.7747,30.9375,31.2214, ADP,2000-01-03,31.0133,31.2698,30.1111,30.1465, ADP,2000-01-04,29.9247,30.7204,29.8536,30.1465, ADP,2000-01-05,30.1111,30.1111,29.2777,29.8536, ADP,2000-01-06,30.0706,30.685,29.75,30.2501, ADP,2000-01-07,30.9375,31.1939,30.4364,30.9375, ADP,2000-01-10,30.7204,31.7432,30.6465,31.7047, ADP,2000-01-11,31.3784,31.5164,30.9068,31.0824, ADP,2000-01-12,31.0824,31.2214,30.5824,30.7925, ADP,2000-01-13,30.7925,30.7925,30.394,30.6189, ADP,2000-01-14,30.0706,30.6465,29.5617,30.2915, ADP,2000-01-18,29.9995,30.1781,28.4414,28.5498, ADP,2000-01-19,28.6198,31.5873,28.5874,31.3467, ADP,2000-01-20,30.9375,31.3043,29.1967,29.4552, ADP,2000-01-21,29.8881,29.8881,28.9829,29.3102, ADP,2000-01-24,29.5617,29.5617,28.8399,28.9829, ADP,2000-01-25,29.2777,29.75,29.0912,29.5972, ADP,2000-01-26,30.0706,30.0706,29.0183,29.5617, ADP,2000-01-27,29.7057,29.9571,27.5685,29.0912, ADP,2000-01-28,28.9443,28.9829,27.968,28.3634, ADP,2000-01-31,28.3634,28.3634,27.1356,27.4926, ADP,2000-02-01,27.534,28.1829,27.0637,27.9315, ADP,2000-02-02,27.968,27.968,25.6503,26.4127, ADP,2000-02-03,26.6672,28.4078,26.5507,28.1829, ADP,2000-02-04,28.1515,28.5498,27.755,27.824, ADP,2000-02-07,27.824,27.968,26.9591,26.9591, ADP,2000-02-08,27.2501,27.2501,26.6672,26.9896, ADP,2000-02-09,26.9896,27.2077,25.9758,26.0814, ADP,2000-02-10,26.1987,27.755,26.1208,27.4611, ADP,2000-02-11,27.2501,27.2501,26.3763,26.5507, ADP,2000-02-14,26.6278,27.679,26.4482,26.8436, ADP,2000-02-15,26.9896,27.2501,26.3358,26.6987, ADP,2000-02-16,26.8142,26.8436,26.3763,26.5222, ADP,2000-02-17,26.6278,26.6987,26.1208,26.3358, ADP,2000-02-18,26.3358,26.4127,25.2905,25.7924, ADP,2000-02-22,25.7924,25.8328,23.1877,24.2756, ADP,2000-02-23,24.316,25.7589,24.2352,25.182, ADP,2000-02-24,25.7253,26.1208,25.5458,25.8644, ADP,2000-02-25,25.8644,26.1208,24.892,24.892, ADP,2000-02-28,24.8556,26.0814,24.7845,25.7924, ADP,2000-02-29,26.0192,26.2609,25.03,25.2548, ADP,2000-03-01,25.2548,26.0528,25.2548,25.6503, ADP,2000-03-02,25.6149,25.6839,25.0685,25.0685, ADP,2000-03-03,24.6325,25.7924,24.6325,25.03, ADP,2000-03-06,25.03,25.7253,25.03,25.4689, ADP,2000-03-07,25.4995,26.0192,25.182,25.2124, ADP,2000-03-08,25.1937,25.6286,25.1248,25.1248, ADP,2000-03-09,25.1248,25.6286,25.0487,25.5597, ADP,2000-03-10,25.5962,25.9906,25.3407,25.6286, ADP,2000-03-13,25.5597,26.3566,25.4502,26.177, ADP,2000-03-14,27.8841,27.8841,26.8644,27.4413, ADP,2000-03-15,27.4413,28.754,27.4078,28.536, ADP,2000-03-16,29.047,32.2057,29.047,31.8043, ADP,2000-03-17,31.8043,31.8043,30.7875,31.3635, ADP,2000-03-20,31.0706,31.189,29.7697,30.3496, ADP,2000-03-21,29.7007,30.7875,29.7007,30.4966, ADP,2000-03-22,30.0578,30.4966,29.2214,29.8388, ADP,2000-03-23,29.2589,30.1732,29.2589,29.8823, ADP,2000-03-24,29.6229,30.758,29.6229,30.2028, ADP,2000-03-27,30.0578,31.0706,30.0578,30.1732, ADP,2000-03-28,30.1732,30.3132,28.1336,28.1336, ADP,2000-03-29,28.536,28.894,27.3032,27.6573, ADP,2000-03-30,28.0202,28.7184,27.3348,27.5548, ADP,2000-03-31,27.5548,28.5734,27.5193,28.0202, ADP,2000-04-03,28.894,30.0962,28.679,29.047, ADP,2000-04-04,29.5903,30.8596,28.754,29.6229, ADP,2000-04-05,30.1732,30.1732,28.1336,29.1505, ADP,2000-04-06,29.2974,30.7057,29.2589,30.4651, ADP,2000-04-07,30.5687,30.7057,30.0578,30.2757, ADP,2000-04-10,30.7057,30.7057,29.4078,30.0962, ADP,2000-04-11,30.0962,30.3496,29.5459,29.6229, ADP,2000-04-12,29.6229,29.6229,28.0981,28.894, ADP,2000-04-13,28.894,29.1505,27.7737,27.7737, ADP,2000-04-14,26.7184,27.4838,26.5705,26.7184, ADP,2000-04-17,26.7925,27.4838,25.9571,27.0774, ADP,2000-04-18,28.2412,29.2214,27.9187,28.4631, ADP,2000-04-19,28.4631,29.1505,28.2066,28.536, ADP,2000-04-20,29.047,29.9858,28.8596,29.4078, ADP,2000-04-24,29.4078,31.4405,28.8596,31.332, ADP,2000-04-25,31.0706,31.332,30.5263,31.332, ADP,2000-04-26,30.9661,31.4405,30.7057,30.9305, ADP,2000-04-27,30.3496,31.8744,30.3496,31.5164, ADP,2000-04-28,31.8744,32.0529,31.0706,31.2541, ADP,2000-05-01,31.2214,32.5283,31.1534,31.332, ADP,2000-05-02,31.332,31.332,30.3132,30.8931, ADP,2000-05-03,30.7875,30.9305,29.184,30.2757, ADP,2000-05-04,30.2757,30.8192,30.0962,30.3132, ADP,2000-05-05,30.1732,30.6732,29.4749,30.0962, ADP,2000-05-08,30.2363,30.3872,29.7353,30.2028, ADP,2000-05-09,30.2028,30.6416,28.4631,29.3368, ADP,2000-05-10,29.3694,30.1318,28.9709,29.6583, ADP,2000-05-11,30.2028,31.2214,29.8823,30.6051, ADP,2000-05-12,30.4966,30.6416,29.6229,30.0578, ADP,2000-05-15,30.0578,30.3496,29.4424,30.1318, ADP,2000-05-16,30.7057,31.2541,30.1318,30.9996, ADP,2000-05-17,30.758,30.758,29.6583,30.4966, ADP,2000-05-18,31.2541,31.2541,29.8388,29.8823, ADP,2000-05-19,30.6732,30.6732,29.5459,29.7007, ADP,2000-05-22,29.9858,30.7875,28.894,30.6051, ADP,2000-05-23,30.6416,31.2541,30.3496,31.2214, ADP,2000-05-24,31.2214,32.2373,31.0706,32.2373, ADP,2000-05-25,32.3813,32.6762,31.5825,32.5283, ADP,2000-05-26,32.2373,32.2797,30.6732,31.1111, ADP,2000-05-30,31.1111,32.4917,30.9305,32.3813, ADP,2000-05-31,32.4917,32.4917,31.8043,31.9454, ADP,2000-06-01,31.9148,32.2057,31.6979,32.0213, ADP,2000-06-02,32.5283,33.1062,32.4917,33.1062, ADP,2000-06-05,32.5283,33.6565,32.5283,33.1771, ADP,2000-06-06,32.9642,33.5746,32.8971,33.5046, ADP,2000-06-07,33.3408,33.5943,32.9719,33.3764, ADP,2000-06-08,33.2708,33.2708,32.2205,32.4325, ADP,2000-06-09,32.3892,33.0134,32.2836,32.683, ADP,2000-06-12,32.543,32.6515,32.0814,32.0814, ADP,2000-06-13,32.1445,32.3586,31.2698,31.5242, ADP,2000-06-14,31.4474,31.8123,30.9799,31.7432, ADP,2000-06-15,31.6663,32.3241,31.5923,31.8123, ADP,2000-06-16,31.8546,32.2205,31.5666,31.9286, ADP,2000-06-19,31.6357,31.9917,31.1179,31.7747, ADP,2000-06-20,31.7432,31.7432,30.2501,30.394, ADP,2000-06-21,30.8329,31.4098,30.2915,30.5055, ADP,2000-06-22,30.5055,30.9375,30.2915,30.6189, ADP,2000-06-23,30.8329,31.1179,30.4296,30.8329, ADP,2000-06-26,30.8329,30.9068,30.327,30.758, ADP,2000-06-27,30.758,30.9068,30.1031,30.3546, ADP,2000-06-28,30.3546,31.4878,30.2915,31.3388, ADP,2000-06-29,31.1663,31.1663,29.9571,29.9995, ADP,2000-06-30,30.1396,31.2284,29.7422,31.1663, ADP,2000-07-03,31.3043,31.3784,30.2166,30.4296, ADP,2000-07-05,30.8329,30.9068,30.0341,30.394, ADP,2000-07-06,30.4296,30.8329,30.394,30.685, ADP,2000-07-07,30.7925,31.0519,29.5972,30.1031, ADP,2000-07-10,30.2501,30.5055,30.1031,30.2915, ADP,2000-07-11,30.539,30.5824,29.7422,29.9571, ADP,2000-07-12,30.2501,30.9375,30.1396,30.6465, ADP,2000-07-13,30.758,31.4098,30.3546,31.1179, ADP,2000-07-14,30.9375,31.3467,30.5055,30.9375, ADP,2000-07-17,30.9375,31.3467,30.8743,31.2007, ADP,2000-07-18,31.4098,31.8546,31.0824,31.1663, ADP,2000-07-19,31.5666,31.8871,31.1663,31.6357, ADP,2000-07-20,31.6663,31.7747,31.2284,31.3043, ADP,2000-07-21,31.0824,31.4098,30.6189,30.7925, ADP,2000-07-24,30.2915,31.1179,30.2915,30.685, ADP,2000-07-25,30.539,30.685,29.5972,29.6327, ADP,2000-07-26,29.8103,29.9571,28.7905,28.9078, ADP,2000-07-27,29.1967,29.8103,29.1967,29.3763, ADP,2000-07-28,29.5972,29.7757,28.7905,28.9769, ADP,2000-07-31,28.9769,29.5282,28.7905,28.8329, ADP,2000-08-01,29.4492,29.6663,29.2372,29.3763, ADP,2000-08-02,29.5282,30.2501,29.2718,30.2501, ADP,2000-08-03,30.0341,30.7204,29.9247,30.3546, ADP,2000-08-04,30.2915,31.3784,30.2501,31.2007, ADP,2000-08-07,31.0824,31.1663,30.4296,31.1179, ADP,2000-08-08,31.1179,31.7432,31.1179,31.6663, ADP,2000-08-09,31.2284,31.7747,31.0824,31.7432, ADP,2000-08-10,31.8871,31.9581,31.4098,31.5923, ADP,2000-08-11,31.9286,32.683,31.8546,32.6515, ADP,2000-08-14,32.5105,33.7363,31.5242,33.7363, ADP,2000-08-15,33.7363,34.1436,33.4927,33.8143, ADP,2000-08-16,33.7363,34.1081,33.2708,33.8892, ADP,2000-08-17,33.8892,33.9592,32.7531,33.1988, ADP,2000-08-18,33.3073,34.2531,33.1988,34.2531, ADP,2000-08-21,34.1081,34.5046,33.7363,34.3912, ADP,2000-08-22,34.0263,34.6101,33.9908,34.4691, ADP,2000-08-23,34.4691,34.5776,34.1436,34.1792, ADP,2000-08-24,34.1436,34.7226,33.7817,34.1792, ADP,2000-08-25,34.1081,34.3596,33.8143,34.0263, ADP,2000-08-28,33.8143,35.1584,33.8143,34.9021, ADP,2000-08-29,35.049,35.049,34.4375,34.5046, ADP,2000-08-30,34.545,34.7226,34.2156,34.3596, ADP,2000-08-31,34.3596,35.3064,34.3596,34.695, ADP,2000-09-01,35.4494,35.4494,34.7226,35.0904, ADP,2000-09-05,35.34,35.8498,35.3064,35.6308, ADP,2000-09-06,36.0667,36.2107,35.4928,35.8153, ADP,2000-09-07,35.8153,36.1071,35.5953,35.9543, ADP,2000-09-08,35.7048,36.6111,35.4099,36.3923, ADP,2000-09-11,36.5363,36.8991,36.1071,36.6486, ADP,2000-09-12,36.7955,36.8991,36.3586,36.4701, ADP,2000-09-13,36.6634,37.2157,36.1871,37.2157, ADP,2000-09-14,37.0658,37.5382,36.7048,37.2453, ADP,2000-09-15,36.9553,37.2877,36.7048,36.9553, ADP,2000-09-18,37.4258,37.5382,36.4455,36.551, ADP,2000-09-19,36.8449,37.1733,36.5175,36.7748, ADP,2000-09-20,36.6289,36.6289,35.3892,35.757, ADP,2000-09-21,35.83,36.7354,35.3113,36.1871, ADP,2000-09-22,36.2265,36.7048,35.9751,36.6289, ADP,2000-09-25,36.7748,37.5786,36.6289,37.4652, ADP,2000-09-26,37.5786,39.1723,37.5786,39.1417, ADP,2000-09-27,39.1417,39.5382,38.0787,38.6319, ADP,2000-09-28,38.4869,38.9968,37.8666,38.9968, ADP,2000-09-29,38.9968,39.1417,38.6673,38.9554, ADP,2000-10-02,38.4524,38.8479,36.9977,37.7552, ADP,2000-10-03,37.7552,37.8991,36.8449,37.1733, ADP,2000-10-04,37.2157,37.5786,36.412,36.6634, ADP,2000-10-05,36.9188,37.3922,36.7048,37.2157, ADP,2000-10-06,37.2157,37.5786,36.9188,37.0293, ADP,2000-10-09,37.0293,37.5786,36.8449,37.0658, ADP,2000-10-10,37.5047,38.0086,37.1003,37.7552, ADP,2000-10-11,37.8311,38.2324,37.3163,37.3163, ADP,2000-10-12,37.1733,38.1211,36.9188,37.8666, ADP,2000-10-13,37.7166,37.7166,36.3379,36.8103, ADP,2000-10-16,35.5391,35.757,34.4434,35.1387, ADP,2000-10-17,35.1387,35.2067,34.5914,34.9168, ADP,2000-10-18,34.9168,35.4652,34.5914,35.2462, ADP,2000-10-19,35.4652,35.7867,35.1713,35.7216, ADP,2000-10-20,35.3892,36.7048,35.3892,36.476, ADP,2000-10-23,36.3735,36.6634,35.4652,35.7867, ADP,2000-10-24,35.8971,37.2877,35.8971,37.0293, ADP,2000-10-25,37.1339,37.7166,36.8449,37.4652, ADP,2000-10-26,37.4652,37.7906,36.7748,36.9977, ADP,2000-10-27,36.8449,37.1733,36.2591,36.7354, ADP,2000-10-30,37.1003,38.4524,36.9977,38.4524, ADP,2000-10-31,38.4524,38.6319,37.3922,38.049, ADP,2000-11-01,38.049,38.267,37.2877,37.7166, ADP,2000-11-02,38.2324,38.2985,37.8991,38.1625, ADP,2000-11-03,38.1625,38.3419,37.2157,37.3922, ADP,2000-11-06,37.3922,38.0086,37.0293,37.9434, ADP,2000-11-07,38.0787,38.0787,37.4258,37.7906, ADP,2000-11-08,38.4524,38.4524,37.5786,37.7552, ADP,2000-11-09,37.7552,38.6319,37.6516,37.8666, ADP,2000-11-10,38.7444,39.6122,38.2324,38.702, ADP,2000-11-13,38.3736,38.3736,37.3587,37.8991, ADP,2000-11-14,38.0086,38.9968,37.8311,38.9968, ADP,2000-11-15,38.9968,39.2867,38.702,39.2867, ADP,2000-11-16,39.2157,39.2157,38.6319,39.0698, ADP,2000-11-17,39.4682,39.8302,39.1417,39.5057, ADP,2000-11-20,39.5382,40.1595,39.5057,40.1231, ADP,2000-11-21,39.9406,40.3794,39.6122,39.8302, ADP,2000-11-22,40.0924,40.1231,39.3981,39.8302, ADP,2000-11-24,40.195,40.195,39.6122,40.0126, ADP,2000-11-27,40.0126,40.1595,39.3183,39.5057, ADP,2000-11-28,39.5057,39.904,38.8824,39.3981, ADP,2000-11-29,39.3981,39.4682,38.4524,38.702, ADP,2000-11-30,38.1625,38.5904,37.8991,38.4524, ADP,2000-12-01,38.4524,38.4524,37.5786,37.8311,Defectors mount in IPO market NEW YORK (CBS.MW) -- Defectors in the market for initial public offerings are mounting amid continued woes in the sector. ADP,2000-12-04,38.1211,38.412,37.8666,37.9761, ADP,2000-12-05,37.8666,38.049,36.8902,38.049, ADP,2000-12-06,36.9977,38.7444,36.9977,38.557, ADP,2000-12-07,37.9277,38.3282,37.7423,37.9632, ADP,2000-12-08,37.7098,37.8527,36.1712,36.7611, ADP,2000-12-11,37.194,37.194,35.5885,35.7334, ADP,2000-12-12,36.1712,36.3586,35.8083,36.0667, ADP,2000-12-13,36.1712,36.6841,36.1012,36.3172, ADP,2000-12-14,36.6111,37.4839,36.1358,36.9415, ADP,2000-12-15,35.4435,35.5194,34.4976,34.9375, ADP,2000-12-18,35.0046,35.2274,34.4552,34.9021, ADP,2000-12-19,34.7157,35.0046,34.4976,34.7501, ADP,2000-12-20,34.4552,34.9021,34.1654,34.3863, ADP,2000-12-21,34.2452,34.537,34.1308,34.4247, ADP,2000-12-22,34.4247,34.7905,34.1654,34.7157, ADP,2000-12-26,34.7501,35.7749,34.7157,35.7048, ADP,2000-12-27,35.8439,36.7197,35.8439,36.6486, ADP,2000-12-28,37.12,37.267,36.6841,36.9751, ADP,2000-12-29,37.3448,37.3448,36.7611,36.9415, ADP,2001-01-02,36.8991,37.0875,36.0263,36.2107, ADP,2001-01-03,36.1712,36.5056,35.2985,35.4435, ADP,2001-01-04,35.4868,35.5885,31.8684,33.0815, ADP,2001-01-05,32.0894,32.5667,31.6525,32.0213, ADP,2001-01-08,32.0529,34.5697,32.0529,34.3536, ADP,2001-01-09,34.4247,35.7749,34.2758,35.4099, ADP,2001-01-10,35.1516,35.7749,34.7905,35.5194, ADP,2001-01-11,35.548,36.2463,35.2591,35.34, ADP,2001-01-12,35.5885,36.5787,35.5194,36.0667, ADP,2001-01-16,36.0263,36.4257,35.7749,36.1712, ADP,2001-01-17,36.3172,36.3172,35.193,35.193, ADP,2001-01-18,35.2985,35.7749,34.6426,35.042, ADP,2001-01-19,35.0825,36.2107,34.8616,35.0046, ADP,2001-01-22,35.0046,35.0825,33.8399,34.2452,Managing The Big Money W.P. Stewart's public offering provides a rare public look at moneymanagement for the rich. ADP,2001-01-23,34.5697,35.2274,34.4247,34.7157, ADP,2001-01-24,35.1516,35.3724,34.8616,35.0825, ADP,2001-01-25,35.1516,35.6308,34.9652,34.9652, ADP,2001-01-26,35.119,35.34,34.4247,34.6752, ADP,2001-01-29,34.6752,35.5391,34.6752,35.2985, ADP,2001-01-30,35.5835,35.5835,34.6022,35.0825, ADP,2001-01-31,34.7157,35.0263,34.1949,34.9316, ADP,2001-02-01,34.4976,34.8685,34.3112,34.832, ADP,2001-02-02,34.8015,34.8015,32.9936,33.6683, ADP,2001-02-05,33.6683,34.4247,33.6683,34.4119, ADP,2001-02-06,34.4178,35.186,34.1002,34.7955, ADP,2001-02-07,34.7157,35.0046,34.5243,34.8212, ADP,2001-02-08,34.8616,35.1999,34.8015,34.9711, ADP,2001-02-09,34.9711,35.0046,34.6318,34.764, ADP,2001-02-12,34.4829,34.7905,34.0677,34.4297, ADP,2001-02-13,34.4829,35.4307,34.4829,34.9918, ADP,2001-02-14,34.545,34.7698,34.3803,34.4976, ADP,2001-02-15,34.263,34.7294,34.1575,34.3803, ADP,2001-02-16,34.3389,34.4247,33.4927,34.3803, ADP,2001-02-20,33.8063,34.1575,33.1526,33.2254, ADP,2001-02-21,32.9936,34.0874,32.9936,33.6062, ADP,2001-02-22,33.6002,33.6002,32.8212,33.258, ADP,2001-02-23,33.4927,33.4927,32.8971,33.0341, ADP,2001-02-26,33.0341,33.6062,32.8546,33.6062, ADP,2001-02-27,33.6062,33.7994,33.1446,33.7994, ADP,2001-02-28,33.8399,34.695,33.8399,34.4247, ADP,2001-03-01,34.3389,34.537,33.833,34.537, ADP,2001-03-02,34.048,34.8616,33.7294,34.3863, ADP,2001-03-05,34.0756,34.8468,33.7482,34.5173, ADP,2001-03-06,34.8951,34.8951,34.1308,34.2758, ADP,2001-03-07,34.6318,34.7226,34.1949,34.398, ADP,2001-03-08,34.3743,34.7768,34.2226,34.7698, ADP,2001-03-09,34.764,34.7698,33.7876,33.8063, ADP,2001-03-12,32.8754,33.2708,32.5667,32.5814, ADP,2001-03-13,32.5874,32.9719,32.5874,32.8546, ADP,2001-03-14,32.0894,32.4099,31.3911,31.3911, ADP,2001-03-15,31.04,31.7679,30.0193,30.4247, ADP,2001-03-16,30.2432,30.3359,28.3309,29.1633, ADP,2001-03-19,29.1633,30.9247,28.9886,30.2432, ADP,2001-03-20,30.2432,30.7126,29.8103,29.83, ADP,2001-03-21,29.5775,31.1239,29.5775,30.685, ADP,2001-03-22,30.6288,31.4799,29.7639,30.5331, ADP,2001-03-23,30.685,31.1603,30.1031,30.1031, ADP,2001-03-26,30.8329,31.6663,30.6997,31.2491, ADP,2001-03-27,31.2491,31.7679,30.4591,31.6742, ADP,2001-03-28,31.4168,31.4474,30.9936,31.2176, ADP,2001-03-29,31.189,31.4168,30.5687,31.0076, ADP,2001-03-30,31.4168,32.1515,30.7204,31.7856, ADP,2001-04-02,31.7679,32.5105,31.5164,31.8477, ADP,2001-04-03,31.828,31.828,30.6929,30.7501, ADP,2001-04-04,29.5775,30.68,29.5775,30.4651, ADP,2001-04-05,30.5104,31.3981,30.5104,31.2491, ADP,2001-04-06,31.2353,31.2353,30.2757,30.6535, ADP,2001-04-09,30.5104,31.3595,30.5104,31.04, ADP,2001-04-10,30.9799,32.0075,30.7501,30.9592, ADP,2001-04-11,29.5213,30.0144,28.9886,29.5775, ADP,2001-04-12,29.5213,30.1169,29.2589,30.1031, ADP,2001-04-16,29.8103,30.1318,29.1967,29.4679, ADP,2001-04-17,29.4679,30.9799,29.4679,29.9858, ADP,2001-04-18,30.394,32.1594,30.394,31.7284, ADP,2001-04-19,31.332,32.0479,31.2748,31.5873, ADP,2001-04-20,31.4474,31.4621,30.7501,31.1534, ADP,2001-04-23,31.0076,31.0133,30.2915,30.4897, ADP,2001-04-24,30.1031,30.9799,30.0449,30.394, ADP,2001-04-25,29.9503,31.4227,29.9503,31.04, ADP,2001-04-26,31.5026,32.0607,30.6288,30.9661, ADP,2001-04-27,31.04,31.9917,30.9799,31.9917, ADP,2001-04-30,31.9996,32.2965,31.1731,31.7106, ADP,2001-05-01,31.2127,31.7432,30.9305,31.5242, ADP,2001-05-02,31.5666,31.8813,30.9197,30.9532, ADP,2001-05-03,31.1603,31.2353,30.1672,30.6603, ADP,2001-05-04,30.6603,30.8743,30.2293,30.5331, ADP,2001-05-07,30.5687,30.9799,30.1732,30.7738, ADP,2001-05-08,30.685,31.04,30.5331,30.9799, ADP,2001-05-09,30.8596,31.4878,30.5104,30.9305, ADP,2001-05-10,31.1111,31.4878,31.045,31.2047, ADP,2001-05-11,31.2127,31.2541,30.4108,30.5617, ADP,2001-05-14,30.2432,30.8596,30.1111,30.8596, ADP,2001-05-15,30.8536,31.2007,30.5331,30.8329, ADP,2001-05-16,30.8596,32.5617,30.685,32.4976, ADP,2001-05-17,32.4444,32.5814,31.8813,32.4631, ADP,2001-05-18,32.3813,32.6229,32.0894,32.5667, ADP,2001-05-21,32.4444,33.3211,32.4444,33.184, ADP,2001-05-22,33.1663,33.403,32.5558,32.683, ADP,2001-05-23,32.7354,33.0539,32.2895,32.4099, ADP,2001-05-24,32.4099,32.8754,32.2442,32.7531, ADP,2001-05-25,32.9642,33.3211,32.7007,32.7354, ADP,2001-05-29,32.7354,32.8063,32.3813,32.3813, ADP,2001-05-30,32.3892,32.7591,32.0075,32.0351, ADP,2001-05-31,32.0351,32.1121,31.4098,31.4098, ADP,2001-06-01,31.6189,32.4976,31.4227,31.9394, ADP,2001-06-04,32.0213,32.6762,32.0213,32.3112, ADP,2001-06-05,32.0894,33.3448,32.0894,33.258, ADP,2001-06-06,33.258,33.403,32.8005,32.8823, ADP,2001-06-07,32.8212,32.9719,32.3892,32.5036, ADP,2001-06-08,32.5036,32.5105,31.9631,31.9996, ADP,2001-06-11,32.1859,32.2057,31.7679,31.9996, ADP,2001-06-12,31.9996,31.9996,31.4405,31.6909, ADP,2001-06-13,31.7679,31.7679,31.2214,31.2214, ADP,2001-06-14,31.2491,31.2629,29.9454,30.1593, ADP,2001-06-15,30.0962,31.045,30.0962,30.4966, ADP,2001-06-18,30.6189,30.9454,30.5687,30.5824, ADP,2001-06-19,30.8596,31.332,30.5263,30.6465, ADP,2001-06-20,30.7668,31.7106,30.4434,30.5617, ADP,2001-06-21,30.5617,31.2541,30.4779,30.5971, ADP,2001-06-22,30.6535,30.8931,30.1593,30.2166, ADP,2001-06-25,30.2225,30.9454,30.2225,30.2757, ADP,2001-06-26,30.2836,30.758,30.2698,30.5971, ADP,2001-06-27,30.5331,30.826,30.2166,30.2166, ADP,2001-06-28,30.2166,30.8005,30.1672,30.2974, ADP,2001-06-29,30.4434,30.7431,29.0253,29.1051, ADP,2001-07-02,29.4552,30.5971,29.4552,30.2501, ADP,2001-07-03,30.8005,30.8005,30.3132,30.3359, ADP,2001-07-05,30.3359,30.4719,30.1968,30.2698, ADP,2001-07-06,29.679,30.04,29.5134,29.9247, ADP,2001-07-09,29.9778,31.04,29.9778,30.9247, ADP,2001-07-10,31.2127,31.2127,30.5104,30.7057, ADP,2001-07-11,30.5687,30.8329,30.3803,30.4966, ADP,2001-07-12,30.3546,31.5992,30.3437,31.5026, ADP,2001-07-13,31.04,31.4098,30.8596,31.325, ADP,2001-07-16,31.2353,31.2698,30.9375,31.0568, ADP,2001-07-17,30.9799,31.4878,30.8664,31.4552, ADP,2001-07-18,31.4552,31.4552,30.6051,31.0894, ADP,2001-07-19,31.0894,31.5873,31.0894,31.5873, ADP,2001-07-20,31.5026,31.5095,31.1179,31.2127, ADP,2001-07-23,31.1534,31.2214,30.3319,30.3803, ADP,2001-07-24,30.3319,30.7057,29.9454,30.0065, ADP,2001-07-25,30.0065,30.2432,29.9858,30.2166, ADP,2001-07-26,30.1593,30.1781,29.5696,29.8881, ADP,2001-07-27,29.9778,30.0894,29.75,29.8664, ADP,2001-07-30,29.8823,30.0962,29.5775,29.7757, ADP,2001-07-31,29.8664,30.2225,29.75,29.83, ADP,2001-08-01,29.8664,29.8664,29.1268,29.2718, ADP,2001-08-02,29.2777,29.2895,28.0508,28.3033, ADP,2001-08-03,27.9315,27.9315,27.4285,27.4886, ADP,2001-08-06,27.4886,28.5005,27.4886,28.0765,"Making the Grade A quantitative analyst finds 65 stocks rated A-plus by Standard &Poor's that sell at a discount to the S&P 500. Companies like UST,Comerica and Sysco boast steady and growing earnings and dividends. It'stime people noticed." ADP,2001-08-07,28.1771,28.3379,28.1129,28.2412, ADP,2001-08-08,28.1336,28.5005,28.0005,28.1722, ADP,2001-08-09,28.1722,28.5932,27.9946,28.5153, ADP,2001-08-10,28.5153,28.754,28.1722,28.394, ADP,2001-08-13,28.4285,28.8182,27.8131,28.249, ADP,2001-08-14,27.8911,28.5203,27.8911,28.4631, ADP,2001-08-15,28.9255,29.2777,28.5991,29.0183, ADP,2001-08-16,29.047,29.3941,28.8664,29.3023, ADP,2001-08-17,29.2718,29.2718,28.9187,29.047, ADP,2001-08-20,29.0537,29.4246,28.9255,29.3417, ADP,2001-08-21,29.4246,30.4434,29.3368,29.7924, ADP,2001-08-22,29.9247,30.1968,29.6949,29.9384, ADP,2001-08-23,29.9384,30.5904,29.9247,30.4651, ADP,2001-08-24,30.4177,31.2816,30.402,31.1041, ADP,2001-08-27,31.1239,31.1534,31.0292,31.034, ADP,2001-08-28,31.0519,31.1386,30.7363,30.8536, ADP,2001-08-29,30.9454,31.5469,30.9128,31.5469, ADP,2001-08-30,31.04,31.2748,30.5617,30.5824, ADP,2001-08-31,30.5055,30.6997,30.3132,30.3132, ADP,2001-09-04,30.4503,30.6997,30.2432,30.3872, ADP,2001-09-05,30.2166,30.4177,29.8103,29.901, ADP,2001-09-06,29.8043,29.8043,29.1051,29.2777, ADP,2001-09-07,29.2826,29.9247,29.2589,29.2826, ADP,2001-09-10,28.8112,29.9571,28.7224,29.8595, ADP,2001-09-17,28.6948,29.3831,27.9315,28.1129, ADP,2001-09-18,28.1129,29.2826,27.9315,29.2638, ADP,2001-09-19,29.177,29.177,27.2568,28.6327, ADP,2001-09-20,28.1129,28.1129,26.177,26.1938, ADP,2001-09-21,24.0113,26.9384,24.0113,25.7589, ADP,2001-09-24,25.7589,27.5193,25.7589,26.3614, ADP,2001-09-25,26.6128,26.819,25.8831,26.0567, ADP,2001-09-26,26.9384,26.9384,25.7046,25.9048, ADP,2001-09-27,25.9117,26.5794,25.6149,25.9117, ADP,2001-09-28,26.1139,27.6445,26.1139,27.5409, ADP,2001-10-01,27.4611,27.7796,27.3477,27.4886, ADP,2001-10-02,27.8131,28.3634,27.6149,28.2066, ADP,2001-10-03,28.1129,29.8664,27.8911,29.2895, ADP,2001-10-04,29.5775,29.7126,28.8664,28.8733, ADP,2001-10-05,28.8733,28.8803,28.0627,28.5734, ADP,2001-10-08,28.4769,28.679,27.9246,28.2362, ADP,2001-10-09,28.543,29.0912,27.9611,28.2126, ADP,2001-10-10,28.2066,29.5331,28.0765,29.3102, ADP,2001-10-11,29.3299,29.8043,28.9522,29.539, ADP,2001-10-12,29.047,29.2777,28.1129,28.7728, ADP,2001-10-15,28.6327,28.8596,28.4,28.6327, ADP,2001-10-16,28.6327,29.047,28.4631,28.894, ADP,2001-10-17,28.894,29.5134,28.5153,28.5153, ADP,2001-10-18,28.5153,28.7786,28.249,28.3447, ADP,2001-10-19,28.4818,28.8664,28.2648,28.679, ADP,2001-10-22,28.4,29.3831,28.4,29.1702, ADP,2001-10-23,29.2777,30.2432,29.1505,29.2895, ADP,2001-10-24,29.2777,29.687,29.2777,29.4679, ADP,2001-10-25,29.2718,30.2293,29.177,29.9995, ADP,2001-10-26,29.8664,30.4503,29.7816,30.0894, ADP,2001-10-29,30.0193,30.0962,29.75,29.75, ADP,2001-10-30,29.7126,29.9315,29.5075,29.8664, ADP,2001-10-31,29.8664,30.3723,29.8664,30.2501, ADP,2001-11-01,30.2432,31.034,29.8664,30.9799,"Microsoft gains traction in pre-open; Enron, IBM ease NEW YORK (CBS.MW) -- Shares of Microsoft rallied in pre-open trading Thursday on a report the software company and the Bush administration had reached a tentative antitrust settlement." ADP,2001-11-02,30.6732,31.5469,30.6732,31.4098, ADP,2001-11-05,31.4098,31.8546,31.4098,31.8546, ADP,2001-11-06,31.6466,31.6466,31.181,31.4552, ADP,2001-11-07,31.4227,31.612,31.325,31.5164, ADP,2001-11-08,31.5164,31.8813,31.3911,31.4474, ADP,2001-11-09,31.5026,31.9148,31.3595,31.8123, ADP,2001-11-12,31.8201,32.1445,31.4098,32.041,Never Too Rich Expensive options can get still dearer. ADP,2001-11-13,32.1179,32.5036,31.7916,32.4572, ADP,2001-11-14,33.0263,33.0263,32.2797,32.6949, ADP,2001-11-15,32.6949,33.3211,32.5617,32.7945, ADP,2001-11-16,32.7945,32.8132,32.2235,32.3112, ADP,2001-11-19,32.3516,33.3557,32.3516,33.3557, ADP,2001-11-20,33.0884,33.3211,32.8901,32.9562, ADP,2001-11-21,32.8132,32.9218,32.4177,32.7818, ADP,2001-11-23,32.6151,33.2837,32.6151,33.1663, ADP,2001-11-26,33.0539,33.1988,32.8971,33.1771, ADP,2001-11-27,32.8546,33.0263,32.1859,32.828, ADP,2001-11-28,32.828,32.828,32.3892,32.4631, ADP,2001-11-29,32.4099,32.5814,32.2057,32.4444, ADP,2001-11-30,32.5036,32.7007,32.3053,32.4759, ADP,2001-12-03,32.4444,32.7137,32.1515,32.3646, ADP,2001-12-04,32.3646,33.0815,32.1328,32.8487, ADP,2001-12-05,33.0884,34.2383,32.8606,33.9523, ADP,2001-12-06,33.8764,35.0756,33.683,34.7847, ADP,2001-12-07,34.8389,35.0707,34.695,35.049, ADP,2001-12-10,34.9021,34.9839,34.0825,34.2156, ADP,2001-12-11,34.3863,34.6181,34.2452,34.4247, ADP,2001-12-12,34.4691,34.9168,34.2334,34.9099, ADP,2001-12-13,34.8873,34.8951,34.1792,34.2383, ADP,2001-12-14,34.1722,34.552,33.7817,33.8143, ADP,2001-12-17,34.0263,34.7501,33.9661,34.5569,"Treasure Hunt Shining the light on ""value-like"" growth stocks." ADP,2001-12-18,34.4976,34.7019,34.3172,34.552, ADP,2001-12-19,33.9987,34.8212,33.689,34.5569, ADP,2001-12-20,34.9592,35.186,34.6426,34.8823, ADP,2001-12-21,35.0559,35.0559,34.4829,35.042, ADP,2001-12-24,35.042,35.0559,34.5569,34.6249, ADP,2001-12-26,34.682,35.1062,34.6101,34.6683, ADP,2001-12-27,34.9652,35.1062,34.8468,35.049, ADP,2001-12-28,35.1387,35.4031,35.0193,35.3655, ADP,2001-12-31,35.4168,35.4168,34.5569,34.5569, ADP,2002-01-02,34.8873,34.9316,34.1002,34.398, ADP,2002-01-03,34.398,34.6683,34.0618,34.3803, ADP,2002-01-04,34.2895,34.6101,34.0618,34.3172, ADP,2002-01-07,34.1171,34.405,33.5046,33.5884, ADP,2002-01-08,33.9158,34.0263,33.4711,33.5638, ADP,2002-01-09,33.6772,33.8764,33.0687,33.2521, ADP,2002-01-10,33.2521,33.7363,32.8606,33.5421, ADP,2002-01-11,33.5638,33.6505,33.184,33.3852, ADP,2002-01-14,33.3852,33.7363,33.1663,33.5943, ADP,2002-01-15,33.6002,34.3172,33.4711,34.1495, ADP,2002-01-16,34.0263,34.3172,33.6772,33.8143, ADP,2002-01-17,33.8143,34.1111,33.5184,33.8626,"TranSwitch, Genesis beat estimates The latest on companies whose earnings diverged from analysts' estimates, plus advisories on future performance." ADP,2002-01-18,33.6613,33.7176,33.4779,33.6219, ADP,2002-01-22,33.7363,33.9394,33.0006,33.1526, ADP,2002-01-23,32.8005,33.0687,32.7895,32.828, ADP,2002-01-24,32.8823,33.1526,32.6229,32.828, ADP,2002-01-25,32.9138,33.5046,32.4177,33.1988, ADP,2002-01-28,33.0933,33.2639,32.8606,33.1111, ADP,2002-01-29,31.9788,31.9848,29.9247,30.6288, ADP,2002-01-30,30.5055,31.683,30.4503,31.6357, ADP,2002-01-31,31.6357,31.9631,31.4729,31.683, ADP,2002-02-01,31.6742,31.7501,31.2421,31.4168, ADP,2002-02-04,31.4168,31.4168,30.8122,31.04, ADP,2002-02-05,30.8005,31.8546,30.8005,31.3981, ADP,2002-02-06,31.3981,31.9207,31.3911,31.4799, ADP,2002-02-07,31.5381,32.0144,31.5312,31.683, ADP,2002-02-08,31.5716,32.0075,31.4552,31.9394, ADP,2002-02-11,31.9631,32.0765,31.7817,31.9996, ADP,2002-02-12,31.9996,32.0075,31.5923,31.683, ADP,2002-02-13,31.7679,32.1791,31.5775,31.6189, ADP,2002-02-14,31.755,32.1445,31.5381,31.7916, ADP,2002-02-15,31.8546,32.0351,31.3911,31.3911, ADP,2002-02-19,31.1603,31.1939,30.5971,30.8596, ADP,2002-02-20,30.8881,31.4474,30.6535,31.1603, ADP,2002-02-21,31.332,31.8043,30.5016,30.547, ADP,2002-02-22,30.5687,31.0076,30.5183,30.901, ADP,2002-02-25,30.8931,31.9581,30.685,31.6525, ADP,2002-02-26,31.0972,31.189,30.5055,30.8881, ADP,2002-02-27,30.7738,30.8457,30.3053,30.6051, ADP,2002-02-28,30.7738,31.3635,30.758,30.9247, ADP,2002-03-01,30.9247,31.9848,30.7668,31.9788, ADP,2002-03-04,31.9788,33.0617,31.8744,33.0341, ADP,2002-03-05,32.8823,33.5686,32.8005,33.2708, ADP,2002-03-06,33.0006,33.76,32.9869,33.7176, ADP,2002-03-07,33.7176,34.1378,33.4434,33.5125, ADP,2002-03-08,33.8202,34.5303,33.7876,34.1378, ADP,2002-03-11,33.7669,33.8823,33.0341,33.6772, ADP,2002-03-12,33.4434,33.9661,33.3142,33.9661, ADP,2002-03-13,33.3635,33.5371,32.3892,32.8487, ADP,2002-03-14,32.8487,33.0687,32.1859,32.4691,"Pfizer, Glaxo lower, most techs bid slightly higher LONDON (CBS.MW) - Big cap tech stocks were edging higher in pre-open trading on Thursday with dealers spotting bottom-fishing after Wednesday's steep, second-day slide in the Nasdaq." ADP,2002-03-15,32.3892,33.2451,32.1859,33.0992, ADP,2002-03-18,33.2521,33.7423,33.0341,33.7294, ADP,2002-03-19,33.7294,33.827,33.2521,33.2837, ADP,2002-03-20,33.2708,33.7936,32.9869,33.4779, ADP,2002-03-21,33.5046,33.8537,33.3971,33.5943, ADP,2002-03-22,33.7747,33.7747,32.9719,33.2137, ADP,2002-03-25,33.2137,33.3497,32.2797,32.3299, ADP,2002-03-26,32.7738,33.683,32.7471,33.6683, ADP,2002-03-27,33.6219,33.8626,33.5046,33.683, ADP,2002-03-28,33.7255,34.4247,33.683,34.2571, ADP,2002-04-01,34.0924,34.0924,33.4208,33.6565, ADP,2002-04-02,33.4779,33.6219,33.334,33.334, ADP,2002-04-03,33.4208,33.4208,32.3299,32.3299, ADP,2002-04-04,32.5105,32.7403,32.1179,32.3299, ADP,2002-04-05,32.4759,32.8419,32.3892,32.4503, ADP,2002-04-08,32.3299,33.0263,32.2797,32.8823, ADP,2002-04-09,32.8901,33.3635,32.7945,32.8063, ADP,2002-04-10,32.8674,33.4355,32.683,33.2186, ADP,2002-04-11,33.2186,33.2324,32.7137,32.7738, ADP,2002-04-12,32.683,33.184,32.6702,33.0992, ADP,2002-04-15,33.0933,33.2451,32.2797,32.2797, ADP,2002-04-16,32.3299,32.5105,30.9247,31.3043, ADP,2002-04-17,31.1603,31.1603,30.0065,30.0065, ADP,2002-04-18,29.687,30.3616,29.687,29.8536, ADP,2002-04-19,29.83,30.5687,29.83,30.3616, ADP,2002-04-22,30.04,30.0578,29.2777,29.4552, ADP,2002-04-23,29.5696,30.3319,29.4325,29.8043, ADP,2002-04-24,30.1593,30.5687,29.9858,30.0706, ADP,2002-04-25,29.9503,30.4838,29.9503,30.2363, ADP,2002-04-26,30.3053,30.3437,29.7353,29.7353, ADP,2002-04-29,29.5903,29.9247,29.2974,29.3497, ADP,2002-04-30,29.5331,30.5687,29.5331,29.8881, ADP,2002-05-01,29.7126,30.394,29.2097,30.1732, ADP,2002-05-02,30.1248,30.1465,29.7757,29.83, ADP,2002-05-03,29.9247,29.9247,29.2372,29.4621, ADP,2002-05-06,29.3941,29.901,29.2451,29.2451, ADP,2002-05-07,29.5134,29.8823,29.3023,29.4818, ADP,2002-05-08,29.6515,30.5617,29.6515,30.5263, ADP,2002-05-09,30.4591,30.9869,30.2639,30.2915, ADP,2002-05-10,30.6288,30.7501,29.9503,30.0282, ADP,2002-05-13,30.1732,30.5971,30.0834,30.5104, ADP,2002-05-14,31.0076,31.5095,30.8931,31.4552, ADP,2002-05-15,31.1603,31.7501,31.0637,31.2353, ADP,2002-05-16,31.2353,32.4177,31.2214,31.9533, ADP,2002-05-17,32.0075,32.3299,31.7501,32.0607, ADP,2002-05-20,31.6909,31.7225,31.1603,31.1663, ADP,2002-05-21,31.0972,31.5469,30.7738,30.8881, ADP,2002-05-22,30.7501,31.045,30.4296,30.7501, ADP,2002-05-23,30.758,31.5716,30.7501,31.4552, ADP,2002-05-24,31.4474,31.6269,31.0076,31.04, ADP,2002-05-28,30.9247,31.1239,30.8062,31.04, ADP,2002-05-29,30.8931,31.045,30.5687,30.6465, ADP,2002-05-30,30.6465,31.1663,30.3616,30.6535, ADP,2002-05-31,30.6929,31.1534,30.4779,30.5183, ADP,2002-06-03,30.5104,31.0972,30.3496,30.4177, ADP,2002-06-04,30.4177,30.8664,30.3496,30.685, ADP,2002-06-05,30.5547,30.9305,30.4651,30.7126, ADP,2002-06-06,30.7126,31.1179,30.6121,30.8122, ADP,2002-06-07,30.0962,30.6732,29.9858,29.9858, ADP,2002-06-10,30.0657,30.2166,29.901,29.9384,Small Victories Cutting Friday's Dow loss to 35 points feels like a gain these days. ADP,2002-06-11,30.4177,30.4177,29.7007,29.7886, ADP,2002-06-12,29.687,29.7816,28.3447,28.8112, ADP,2002-06-13,28.8733,29.1633,28.249,28.249, ADP,2002-06-14,27.7421,27.8565,26.6336,27.5814, ADP,2002-06-17,27.899,28.4542,27.8427,28.4227, ADP,2002-06-18,28.2836,28.754,28.2836,28.3447, ADP,2002-06-19,27.9611,28.5281,27.6445,27.6445, ADP,2002-06-20,27.6445,27.8003,26.6278,26.7451, ADP,2002-06-21,26.2766,26.4187,25.5597,25.8644, ADP,2002-06-24,25.5103,26.1632,24.9639,26.0715,Resting Easy Janus manager Karen Reidy finds her balance between stocks andbonds. ADP,2002-06-25,26.0192,26.0872,25.3358,25.4689, ADP,2002-06-26,25.036,25.4629,24.9591,25.392, ADP,2002-06-27,25.5103,25.6286,25.1888,25.601, ADP,2002-06-28,25.3634,25.8397,25.3407,25.6573, ADP,2002-07-01,25.672,25.7786,24.75,24.8713, ADP,2002-07-02,24.6562,25.03,23.1296,23.9225, ADP,2002-07-03,23.8968,24.246,23.526,23.9837, ADP,2002-07-05,24.1286,25.5655,24.1069,25.3466, ADP,2002-07-08,25.3466,25.6503,24.6238,24.8623, ADP,2002-07-09,24.6021,24.6238,23.6583,23.7776, ADP,2002-07-10,23.891,24.4866,23.2401,23.4778, ADP,2002-07-11,23.3328,24.0823,23.0093,23.8505, ADP,2002-07-12,23.891,24.1582,23.5123,23.8781, ADP,2002-07-15,23.4522,23.6917,22.8496,23.679,Severe Punishment Stocks plunge again as Wall Street takes its lumps from D.C. ADP,2002-07-16,23.4225,24.3032,23.2401,23.6316, ADP,2002-07-17,23.6917,24.4778,23.6917,24.3594, ADP,2002-07-18,18.9698,19.4579,18.4097,18.6148,"Stocks to watch: AOL Time Warner, Microsoft, more Companies that made major moves in Thursday equity trading, plus stocks to watch Friday." ADP,2002-07-19,18.4994,19.3593,18.3524,18.8563, ADP,2002-07-22,18.5556,19.5427,18.4511,19.5083,"[""Stocking Up -- Cover Story Let Congressmen bleat and headlines blare about corporate greed and theburst bubble. In the meantime, equities haven't been this cheap since themid-1990s, especially with earnings moving up. Assessing the outlook forGE, Pfizer and others."", ""Look Out Below Dow's 7.6% plunge sends blue chips back to October '98 levels.""]" ADP,2002-07-23,19.6513,20.8249,19.6513,20.391, ADP,2002-07-24,20.24,21.2391,20.0339,20.6256, ADP,2002-07-25,20.7046,20.8583,19.9481,20.5053, ADP,2002-07-26,20.74,21.2124,20.6256,21.0407, ADP,2002-07-29,21.1208,22.0083,21.034,21.8712, ADP,2002-07-30,21.9225,22.393,21.6453,21.9935, ADP,2002-07-31,22.2667,22.2667,21.4245,21.9679, ADP,2002-08-01,22.0369,22.4137,21.2124,21.3938, ADP,2002-08-02,21.3988,21.8012,21.034,21.3337, ADP,2002-08-05,21.1562,21.3524,20.4185,20.4797, ADP,2002-08-06,20.7686,21.9432,20.7686,21.1809, ADP,2002-08-07,22.0912,22.0912,21.1562,21.5635, ADP,2002-08-08,21.7756,22.4837,21.5143,22.3673, ADP,2002-08-09,22.0004,22.4551,21.7499,22.0685, ADP,2002-08-12,21.6829,21.9097,21.5211,21.6236, ADP,2002-08-13,21.6236,22.0478,21.2124,21.2648, ADP,2002-08-14,21.2795,22.2489,20.882,22.1276, ADP,2002-08-15,29.99,31.25,29.78,30.24, ADP,2002-08-16,22.4008,23.036,22.1859,22.8752, ADP,2002-08-19,22.8752,23.1001,22.5063,22.889,Gutsy Guy Matrix Advisors Value manager David A. Katz buys on market dips tocreate a feisty little portfolio. ADP,2002-08-20,22.7697,22.8042,22.1543,22.2933, ADP,2002-08-21,22.6512,22.6512,21.9679,22.5211, ADP,2002-08-22,22.6829,23.5705,22.4196,23.4522, ADP,2002-08-23,23.4522,23.4522,22.8752,22.9432, ADP,2002-08-26,22.9432,23.1435,22.46,22.9619, ADP,2002-08-27,23.0664,23.0804,22.5596,22.7105, ADP,2002-08-28,22.7105,22.7105,22.101,22.1799, ADP,2002-08-29,22.1799,22.5527,22.0083,22.313, ADP,2002-08-30,22.1543,22.5991,22.1543,22.2539, ADP,2002-09-03,21.6158,21.8012,21.1897,21.2391, ADP,2002-09-04,21.2391,22.0556,21.0931,21.9491, ADP,2002-09-05,21.4452,21.665,21.2124,21.4589, ADP,2002-09-06,21.815,22.5911,21.6236,22.2539,"Office Depot begins selling on Amazon.com Office Depot said it'll start selling its products on Amazon.com as part of an e-commerce alliance. Amazon is rolling out an Office Products store with more than 50,000 products, including technology products and home office furniture. Terms of the deal, or any impact on revenue, were not disclosed. Shares of Office Depot fell 33 cents to $12.64 on Thursday. Amazon dropped 58 cents to $14.25." ADP,2002-09-09,21.9432,22.8112,21.8012,22.6375, ADP,2002-09-10,22.7105,22.7381,22.4471,22.6247, ADP,2002-09-11,22.9018,23.2805,22.6049,22.6049, ADP,2002-09-12,22.3052,22.4905,21.8968,21.9629, ADP,2002-09-13,21.9294,22.243,21.7756,22.243, ADP,2002-09-16,29.85,29.88,29.03,29.8, ADP,2002-09-17,22.2933,22.46,21.4452,21.5063, ADP,2002-09-18,21.2795,21.5912,20.9698,21.1425, ADP,2002-09-19,20.386,21.0467,20.386,20.8308, ADP,2002-09-20,20.8376,21.2124,20.5951,20.9334, ADP,2002-09-23,20.6839,20.8722,20.5122,20.7558, ADP,2002-09-24,20.7558,20.9481,20.3534,20.4797, ADP,2002-09-25,20.5774,20.7479,20.2943,20.5438, ADP,2002-09-26,20.8643,21.2648,20.6256,21.1493, ADP,2002-09-27,21.027,21.2648,20.7755,20.8308, ADP,2002-09-30,20.3593,20.74,20.0941,20.5438, ADP,2002-10-01,20.5438,21.7184,20.3456,21.7184, ADP,2002-10-02,21.7184,21.7184,20.5832,20.6917, ADP,2002-10-03,20.6996,21.1632,20.5645,20.8308, ADP,2002-10-04,20.888,20.956,20.2874,20.3456, ADP,2002-10-07,20.3317,20.6502,19.9481,20.0675, ADP,2002-10-08,20.0675,21.1562,20.0675,20.9619, ADP,2002-10-09,20.7095,20.74,20.3317,20.4797, ADP,2002-10-10,20.4451,21.6236,20.2469,21.4993, ADP,2002-10-11,21.9294,23.0043,21.8644,22.6582,"Morningstar's 50 best stocks for any economy LOS ANGELES (CBS.MW) -- When the economy gets tough, some companies get going." ADP,2002-10-14,22.6582,23.2075,22.3801,23.1877, ADP,2002-10-15,23.4916,24.5113,23.4402,24.388, ADP,2002-10-16,24.1425,24.5754,23.0597,23.2273, ADP,2002-10-17,24.2283,25.1099,23.8644,24.9394, ADP,2002-10-18,24.816,24.816,23.7923,23.9275, ADP,2002-10-21,23.9344,24.7845,23.679,24.7845, ADP,2002-10-22,24.3801,24.8713,24.1425,24.7962, ADP,2002-10-23,24.7962,26.0468,24.7678,25.9699, ADP,2002-10-24,25.9985,26.0715,24.8229,24.8791, ADP,2002-10-25,24.4077,25.6642,24.4077,25.6079, ADP,2002-10-28,25.753,25.8397,24.9177,25.0764, ADP,2002-10-29,24.9394,25.0941,24.0872,24.7046, ADP,2002-10-30,24.7618,25.672,24.538,25.392, ADP,2002-10-31,25.3634,25.5103,24.816,25.1385, ADP,2002-11-01,24.7905,25.9906,24.7905,25.8594, ADP,2002-11-04,26.1465,27.1613,25.964,26.4127, ADP,2002-11-05,26.4187,26.4187,24.316,24.9956, ADP,2002-11-06,25.0439,25.5902,24.816,25.2746, ADP,2002-11-07,25.1513,25.3239,24.8713,25.182, ADP,2002-11-08,25.1513,25.6149,25.03,25.1513, ADP,2002-11-11,25.0567,25.1316,24.816,24.9394, ADP,2002-11-12,24.9324,25.3239,24.8092,25.1455, ADP,2002-11-13,25.1099,25.3535,24.816,25.3535, ADP,2002-11-14,25.538,26.0341,25.3535,25.7046, ADP,2002-11-15,25.5597,26.1465,25.4355,26.1356, ADP,2002-11-18,26.2402,26.5459,25.7381,25.898, ADP,2002-11-19,25.6149,25.964,25.392,25.4156, ADP,2002-11-20,24.8486,25.9285,24.8486,25.7786, ADP,2002-11-21,25.7786,26.2046,25.6217,26.2046, ADP,2002-11-22,25.8525,26.2342,25.6149,25.9423, ADP,2002-11-25,25.4995,25.7313,24.9394,25.3358, ADP,2002-11-26,25.1178,25.2905,24.816,24.9639, ADP,2002-11-27,24.9956,25.7046,24.9719,25.5655, ADP,2002-11-29,25.5655,25.9285,25.5597,25.6839, ADP,2002-12-02,25.7313,25.9985,25.6464,25.8525, ADP,2002-12-03,25.7589,25.7855,24.9394,25.2067, ADP,2002-12-04,25.1178,25.7648,25.03,25.6286, ADP,2002-12-05,25.5597,25.5823,25.0627,25.1888, ADP,2002-12-06,24.8092,25.0627,24.6504,24.9177, ADP,2002-12-09,24.7678,24.8092,24.4995,24.676, ADP,2002-12-10,24.676,24.8713,24.4481,24.6198, ADP,2002-12-11,26.9591,26.9591,24.3032,24.5961, ADP,2002-12-12,24.538,24.7727,24.3594,24.5675, ADP,2002-12-13,24.4137,24.5814,23.9837,24.1701, ADP,2002-12-16,24.0054,24.2283,23.8781,24.0616, ADP,2002-12-17,23.8841,24.1779,23.7164,23.8644, ADP,2002-12-18,23.7164,23.7381,23.1493,23.3466, ADP,2002-12-19,23.2273,23.6859,22.8496,22.9294, ADP,2002-12-20,22.9936,23.5123,22.9936,23.3387, ADP,2002-12-23,23.4098,23.5123,23.1296,23.2331, ADP,2002-12-24,23.0557,23.3387,23.0557,23.1877, ADP,2002-12-26,23.171,23.7233,23.0872,23.1365, ADP,2002-12-27,23.2204,23.3387,22.6986,22.9235, ADP,2002-12-30,22.9699,23.1138,22.7648,22.9936, ADP,2002-12-31,22.9936,23.458,22.9294,23.2618, ADP,2003-01-02,23.2923,24.0951,23.2855,24.0754, ADP,2003-01-03,23.9344,24.0754,23.6917,23.9344, ADP,2003-01-06,23.5862,24.1879,23.5862,24.0054, ADP,2003-01-07,23.8574,24.0547,23.7046,23.7776,"EMC, Mercury, Rambus, and more After Monday's close, Boeing said it delivered 381 planes in 2002, representing the fewest amount in the past 5 years but in line with its lowered targets. Shares closed down 5 cents at $34.13." ADP,2003-01-08,23.6316,23.8437,23.3209,23.5705, ADP,2003-01-09,23.7046,24.0616,23.5705,23.9551, ADP,2003-01-10,23.7046,24.0379,23.5862,23.6977, ADP,2003-01-13,23.7993,23.8703,23.4659,23.4916, ADP,2003-01-14,23.4402,23.6454,23.3387,23.3939, ADP,2003-01-15,22.46,22.4649,20.888,21.526,"[""Before the Bell: Intel, Applied Materials, KLA-Tencor Intel Corp. was holding onto a one percent gain in pre-open trading on Wednesday after the chipmaker's sales and earnings for the fourth quarter topped the average estimate. Yet Intel's cautious comments on demand - and more concretely, it's tighter-than-expected budget for capital spending in 2003 - pulled in the bulls. Market tracker stocks were modestly higher in choppy trade; chip equipment stocks added to overnight losses. Bank of America topped the average estimate for its quarter."", ""Intel's spending plans sap tech bulls LONDON (CBS.MW) - Intel Corp. was just holding onto a small overnight gain in pre-open trading on Wednesday after the chipmaker's sales and earnings for the fourth quarter topped the average estimate."", ""Stocks fall as Intel news dampen technology sector NEW YORK (CBS.MW) - Stocks fell Wednesday as a broad range of technology issues gave way under the weight of Intel's business caution, while blue chips such as DuPont disappointed on corporate earnings."", ""KCS Energy, Register.com, Sirius and more Stocks making significant moves in Wednesday's U.S. equity trading.""]" ADP,2003-01-16,21.5211,21.8367,21.3082,21.4856, ADP,2003-01-17,21.4796,21.4856,21.1947,21.3988, ADP,2003-01-21,21.3988,21.6236,21.0527,21.1632, ADP,2003-01-22,21.169,21.3199,21.0784,21.169, ADP,2003-01-23,21.169,21.3416,20.8179,21.1276, ADP,2003-01-24,20.8643,21.0063,20.5891,20.74, ADP,2003-01-27,20.5891,20.8032,20.3229,20.4451, ADP,2003-01-28,20.4531,20.9195,20.3377,20.8643, ADP,2003-01-29,20.7272,20.9195,20.4264,20.8376, ADP,2003-01-30,20.8446,20.8446,20.1009,20.1009, ADP,2003-01-31,19.9747,20.5951,19.9747,20.5438, ADP,2003-02-03,20.5576,20.6502,20.028,20.1532, ADP,2003-02-04,19.9481,19.9747,19.5862,19.8761, ADP,2003-02-05,19.8811,20.1128,19.67,19.9974, ADP,2003-02-06,19.7696,19.955,19.6177,19.677, ADP,2003-02-07,19.7617,19.9342,19.5368,19.5566, ADP,2003-02-10,19.677,19.7824,19.4906,19.7243, ADP,2003-02-11,19.7243,19.8317,19.4727,19.8317, ADP,2003-02-12,19.6837,19.9274,19.4322,19.4906, ADP,2003-02-13,19.4402,19.6177,18.8967,19.1335, ADP,2003-02-14,19.021,19.4579,18.8426,19.4482, ADP,2003-02-18,20.0339,20.2262,19.955,20.1809,Stocks to watch Tuesday The latest on stocks that could move when trading resumes Tuesday after the holiday weekend. ADP,2003-02-19,20.0675,20.2943,19.8377,20.0112, ADP,2003-02-20,20.2065,20.3012,19.9481,19.9974, ADP,2003-02-21,20.1809,20.2943,19.9816,20.1345, ADP,2003-02-24,19.887,19.9135,19.173,19.173, ADP,2003-02-25,19.1148,19.5161,18.6009,19.4057, ADP,2003-02-26,19.3514,19.3918,18.9698,19.1009, ADP,2003-02-27,19.1275,19.5083,18.882,19.2528, ADP,2003-02-28,19.4727,19.5368,19.165,19.2588, ADP,2003-03-03,19.3249,19.5566,19.1857,19.1857, ADP,2003-03-04,18.9935,19.1148,18.7351,18.7883, ADP,2003-03-05,18.7006,18.877,18.5507,18.8426, ADP,2003-03-06,18.5507,18.5812,18.2646,18.4037, ADP,2003-03-07,18.0191,18.3258,18.0132,18.241, ADP,2003-03-10,18.2262,18.2262,17.8681,17.9028, ADP,2003-03-11,17.8425,18.1315,17.8425,17.9806, ADP,2003-03-12,18.0339,18.1384,17.5575,18.1206, ADP,2003-03-13,17.9559,17.9559,16.2113,16.2113, ADP,2003-03-14,16.2193,17.3169,16.2113,16.9806, ADP,2003-03-17,16.7814,17.4983,16.7814,17.4432, ADP,2003-03-18,17.5358,17.6976,17.4983,17.522, ADP,2003-03-19,17.5644,18.0665,17.5575,18.0526, ADP,2003-03-20,18.0595,18.4097,18.026,18.3258, ADP,2003-03-21,18.4372,19.4322,18.378,19.2863, ADP,2003-03-24,18.6582,18.7223,18.3001,18.3455, ADP,2003-03-25,18.2055,18.6375,18.1463,18.3987, ADP,2003-03-26,17.7034,18.5625,17.7034,18.4224, ADP,2003-03-27,18.3573,18.7075,18.1779,18.5625, ADP,2003-03-28,18.4441,18.5507,18.3987,18.4511, ADP,2003-03-31,18.312,18.5319,18.1592,18.3189, ADP,2003-04-01,18.3711,18.5941,18.3258,18.526, ADP,2003-04-02,19.3032,19.3032,18.5861,18.7479, ADP,2003-04-03,18.7291,18.8042,18.4294,18.5812, ADP,2003-04-04,18.7548,18.7805,18.4511,18.7075, ADP,2003-04-07,19.2203,19.3593,18.886,18.8919, ADP,2003-04-08,18.8366,19.165,18.7735,18.8712, ADP,2003-04-09,18.8712,19.3446,18.6582,18.7143, ADP,2003-04-10,18.7143,18.8563,18.4648,18.7607, ADP,2003-04-11,19.1009,19.3653,18.5625,18.811, ADP,2003-04-14,18.7607,19.1335,18.3987,19.0783, ADP,2003-04-15,19.0783,19.2411,18.8653,18.9886, ADP,2003-04-16,19.1395,19.173,18.7666,18.8169, ADP,2003-04-17,18.8169,19.5792,18.6236,19.5023, ADP,2003-04-21,18.8653,19.1602,18.6453,19.0397, ADP,2003-04-22,19.0397,19.8761,19.0397,19.7243, ADP,2003-04-23,19.9342,20.1532,19.7469,20.1473, ADP,2003-04-24,19.8021,20.2341,19.7824,20.0398, ADP,2003-04-25,20.0536,20.2262,19.6837,19.6986, ADP,2003-04-28,19.6986,20.3534,19.6907,20.3229, ADP,2003-04-29,20.3012,20.3317,19.8445,20.0675, ADP,2003-04-30,19.8317,20.0339,19.7696,20.0112, ADP,2003-05-01,19.8642,20.1937,19.663,20.1809, ADP,2003-05-02,20.2539,20.4117,20.0053,20.3179, ADP,2003-05-05,20.3179,20.3179,19.9619,20.0675, ADP,2003-05-06,20.1128,20.5319,20.0812,20.312, ADP,2003-05-07,20.3317,20.5319,20.1128,20.5053, ADP,2003-05-08,20.3593,20.5951,20.1809,20.2804, ADP,2003-05-09,20.2726,20.5891,20.1414,20.5891, ADP,2003-05-12,20.38,20.8939,20.2804,20.8249, ADP,2003-05-13,20.6799,20.7095,20.1414,20.1602, ADP,2003-05-14,20.2341,20.3593,20.0536,20.2341, ADP,2003-05-15,20.2943,20.4718,20.172,20.3643, ADP,2003-05-16,20.1809,20.4037,19.8811,20.0882, ADP,2003-05-19,19.9669,19.9669,19.7243,19.8248, ADP,2003-05-20,19.8998,20.0882,19.6374,19.7696, ADP,2003-05-21,19.6049,19.9816,19.5368,19.81, ADP,2003-05-22,19.9481,19.9619,19.6374,19.7391, ADP,2003-05-23,19.8721,19.8761,19.6907,19.7755, ADP,2003-05-27,19.6986,20.0231,19.6374,19.9402, ADP,2003-05-28,19.8909,20.3081,19.8377,20.2006, ADP,2003-05-29,20.1473,20.1809,19.9135,20.1276, ADP,2003-05-30,20.3229,20.7686,20.24,20.7686, ADP,2003-06-02,20.8249,21.4659,20.8032,21.1947, ADP,2003-06-03,21.1208,21.2715,20.9412,21.1493, ADP,2003-06-04,21.1276,21.1345,20.8249,21.0063, ADP,2003-06-05,21.0063,21.0063,20.5891,20.6661, ADP,2003-06-06,20.7893,21.1897,20.7686,20.8939, ADP,2003-06-09,20.74,20.811,20.3012,20.4383, ADP,2003-06-10,20.4451,20.7213,20.2134,20.7213, ADP,2003-06-11,20.6502,20.7686,20.1414,20.5891, ADP,2003-06-12,20.7341,20.7341,20.2804,20.4324, ADP,2003-06-13,20.4718,20.4718,20.1128,20.3012, ADP,2003-06-16,20.3377,20.9195,20.2469,20.8376, ADP,2003-06-17,20.8939,21.1078,20.7686,21.0596, ADP,2003-06-18,20.8308,21.4077,20.7686,21.1078, ADP,2003-06-19,20.8308,20.9758,20.6799,20.8506, ADP,2003-06-20,20.9906,21.2064,20.8249,21.023, ADP,2003-06-23,20.8376,20.9412,20.5891,20.7755, ADP,2003-06-24,20.8249,20.9836,20.6661,20.6661, ADP,2003-06-25,20.6739,20.7893,20.2617,20.2617, ADP,2003-06-26,20.3534,20.5122,20.1206,20.4185, ADP,2003-06-27,20.5319,20.5576,19.9816,20.028, ADP,2003-06-30,20.1128,20.6178,19.9816,20.1473, ADP,2003-07-01,20.0882,20.4451,19.8998,20.4037, ADP,2003-07-02,20.4037,20.9334,20.4037,20.8376, ADP,2003-07-03,20.7173,20.9698,20.5319,20.6375, ADP,2003-07-07,20.7825,21.1809,20.6799,21.1208, ADP,2003-07-08,20.9758,21.3199,20.9334,21.3199, ADP,2003-07-09,21.1897,21.6029,21.1078,21.4531, ADP,2003-07-10,21.246,21.3594,20.882,20.9698, ADP,2003-07-11,20.7686,21.2124,20.7341,21.0596, ADP,2003-07-14,21.2124,21.6592,21.0596,21.6316, ADP,2003-07-15,21.67,21.8447,21.598,21.6592, ADP,2003-07-16,21.6592,21.9294,21.5576,21.8515, ADP,2003-07-17,21.6829,21.6829,21.0931,21.3938, ADP,2003-07-18,21.5635,21.6453,21.2064,21.5576, ADP,2003-07-21,21.4165,21.5842,21.0191,21.1208, ADP,2003-07-22,20.9698,21.5635,20.882,21.4796, ADP,2003-07-23,21.3416,21.4018,20.8308,21.3673, ADP,2003-07-24,21.5143,21.6829,21.1345,21.2016, ADP,2003-07-25,21.1632,22.0004,21.1425,21.9165, ADP,2003-07-28,21.8712,22.1473,21.7756,21.9097, ADP,2003-07-29,21.2715,21.5457,20.8506,21.3673, ADP,2003-07-30,21.5912,21.8012,21.3082,21.526, ADP,2003-07-31,21.7184,22.5211,21.4796,22.0625, ADP,2003-08-01,22.0625,22.1937,21.8909,22.0478, ADP,2003-08-04,21.9876,22.2292,21.7627,22.1276, ADP,2003-08-05,22.0478,22.3733,21.8712,21.8968, ADP,2003-08-06,22.0004,22.168,21.8644,21.9491, ADP,2003-08-07,21.8771,22.3052,21.8447,22.2667, ADP,2003-08-08,22.313,22.7046,22.3052,22.6375, ADP,2003-08-11,22.6098,22.7302,22.2667,22.5458, ADP,2003-08-12,22.6512,22.6582,22.3337,22.6454, ADP,2003-08-13,22.7982,22.8752,22.4067,22.8112, ADP,2003-08-14,22.9087,23.679,22.8396,23.2745, ADP,2003-08-15,23.2745,23.3871,23.0744,23.2144, ADP,2003-08-18,23.1493,23.3466,23.1493,23.171,"In Texas, a ""Transformative"" Merger A ""transformative"" merger takes place in the Lone Star State. Delldelivers, while H-P gets ready to." ADP,2003-08-19,23.2017,23.4353,23.03,23.2805, ADP,2003-08-20,23.2331,23.3535,23.1642,23.2273, ADP,2003-08-21,23.2805,23.6859,23.2538,23.6256, ADP,2003-08-22,23.7638,23.8052,23.3732,23.4225, ADP,2003-08-25,23.4166,23.458,23.1365,23.3269, ADP,2003-08-26,23.3269,23.4778,22.9294,23.4522, ADP,2003-08-27,23.4452,23.5537,23.1296,23.5123, ADP,2003-08-28,23.5123,23.5399,23.2538,23.3663, ADP,2003-08-29,23.3732,23.7638,23.3269,23.745, ADP,2003-09-02,23.745,24.0951,23.7312,24.0409, ADP,2003-09-03,24.0409,24.2155,23.818,23.891, ADP,2003-09-04,23.8052,23.9472,23.7046,23.8968, ADP,2003-09-05,23.5942,23.8052,23.4452,23.7707, ADP,2003-09-08,23.6256,24.1011,23.4522,24.0951, ADP,2003-09-09,23.891,23.891,23.3466,23.3535, ADP,2003-09-10,23.3466,23.4166,22.7982,22.8396, ADP,2003-09-11,22.8752,22.9294,22.4837,22.745, ADP,2003-09-12,22.7904,23.041,22.5527,22.9995, ADP,2003-09-15,23.0043,23.0043,22.5211,22.5211, ADP,2003-09-16,22.6098,22.6829,22.4471,22.6829, ADP,2003-09-17,22.7302,22.7904,22.3456,22.5794, ADP,2003-09-18,22.6582,22.9936,22.5794,22.882, ADP,2003-09-19,22.8446,23.5043,22.7904,23.2075, ADP,2003-09-22,22.8496,22.9087,22.6247,22.7982, ADP,2003-09-23,22.7302,22.7845,22.237,22.2874, ADP,2003-09-24,22.3337,22.4008,21.9038,21.9935, ADP,2003-09-25,22.0162,22.0685,21.8091,21.8091, ADP,2003-09-26,21.8091,21.8091,21.5211,21.67, ADP,2003-09-29,21.67,21.821,21.4452,21.5576, ADP,2003-09-30,21.4165,21.526,21.2064,21.3337, ADP,2003-10-01,21.3673,21.7943,21.3416,21.7696, ADP,2003-10-02,21.9561,22.1138,21.7756,22.0556, ADP,2003-10-03,22.0556,22.6986,22.0556,22.4551, ADP,2003-10-06,22.4551,22.4551,22.2874,22.4324, ADP,2003-10-07,22.4324,22.895,22.3269,22.8683, ADP,2003-10-08,23.0211,23.0872,22.6779,22.7697, ADP,2003-10-09,23.2688,23.3269,22.8319,22.9432, ADP,2003-10-10,22.889,23.0804,22.8259,22.9699, ADP,2003-10-13,23.1493,23.2855,22.9492,23.1079, ADP,2003-10-14,23.1079,23.2688,22.8752,23.1138, ADP,2003-10-15,23.4719,23.6316,23.0931,23.1296, ADP,2003-10-16,22.9087,23.0093,22.237,22.6247, ADP,2003-10-17,23.2075,23.2075,22.4403,22.7046,"Stocks to watch Friday: EBAY, SUNW, VC, KRI, BRCM A roundup of news and developments likely to move stocks at the open of trade on Friday." ADP,2003-10-20,22.7046,22.7046,22.4905,22.6247, ADP,2003-10-21,22.6098,22.7568,22.4985,22.7302, ADP,2003-10-22,22.7302,22.7302,21.9561,21.9679, ADP,2003-10-23,21.9748,22.1276,21.8712,22.0309, ADP,2003-10-24,21.9294,22.0162,21.7263,21.8909, ADP,2003-10-27,21.9432,22.0309,21.7568,21.8278, ADP,2003-10-28,21.8909,22.2056,21.7568,22.2056, ADP,2003-10-29,22.2056,22.2056,21.9294,21.9679, ADP,2003-10-30,22.1937,22.2933,21.8012,21.9225, ADP,2003-10-31,22.1355,22.6454,22.0763,22.46, ADP,2003-11-03,22.5527,22.7105,22.3269,22.3525, ADP,2003-11-04,22.3525,22.3525,21.9876,22.0961, ADP,2003-11-05,21.8367,22.0556,21.7184,22.0408, ADP,2003-11-06,22.1355,22.2489,21.8968,22.168, ADP,2003-11-07,22.5794,23.0557,22.3456,22.7519,"Tech stocks entering seasonally strong period ANNDANDALE, Va. (CBS.MW) -- ""Tech stocks can be counted on to outperform the market for the four months from November through February. It isn't 100 percent certain, but it's darned near.""" ADP,2003-11-10,22.8496,23.176,22.8259,23.0664, ADP,2003-11-11,23.1947,23.5468,23.1365,23.4008, ADP,2003-11-12,23.4166,23.7312,23.4166,23.526, ADP,2003-11-13,23.526,23.6523,23.2075,23.5399, ADP,2003-11-14,23.4452,23.5043,22.7105,22.7105, ADP,2003-11-17,22.6178,22.6375,22.3613,22.5655, ADP,2003-11-18,22.5655,22.7568,22.3209,22.4137, ADP,2003-11-19,22.4403,22.6375,22.3209,22.5862, ADP,2003-11-20,22.4403,22.46,22.0162,22.1079, ADP,2003-11-21,22.1138,22.2292,22.0162,22.0556, ADP,2003-11-24,22.168,22.5211,22.1079,22.4324, ADP,2003-11-25,22.2539,22.5211,22.1937,22.3052, ADP,2003-11-26,22.3801,22.6454,22.3456,22.6098, ADP,2003-11-28,22.5734,22.9995,22.5527,22.7519, ADP,2003-12-01,23.03,23.2075,22.7765,23.1642, ADP,2003-12-02,23.1563,23.3328,23.1001,23.2204, ADP,2003-12-03,23.2075,23.2331,22.7697,22.8752, ADP,2003-12-04,22.8396,23.2331,22.7845,23.1228, ADP,2003-12-05,23.0487,23.2017,22.9018,23.1228, ADP,2003-12-08,22.9936,23.171,22.7904,23.0211, ADP,2003-12-09,23.0557,23.1947,22.8496,22.9699, ADP,2003-12-10,22.8112,23.1947,22.745,22.8613, ADP,2003-12-11,23.03,23.2075,22.9995,23.1642, ADP,2003-12-12,23.1493,23.1642,22.7904,23.0664, ADP,2003-12-15,23.2075,23.3535,23.0931,23.0931, ADP,2003-12-16,23.1829,23.3535,23.1493,23.3002, ADP,2003-12-17,23.2144,23.3209,22.7982,22.9373, ADP,2003-12-18,23.0557,23.1829,22.8555,23.1563, ADP,2003-12-19,23.1493,23.1493,22.6315,22.7904, ADP,2003-12-22,22.7568,22.9157,22.6315,22.8496, ADP,2003-12-23,22.7568,22.9995,22.7568,22.9936, ADP,2003-12-24,22.9778,23.0804,22.9699,23.036, ADP,2003-12-26,23.0804,23.2075,23.0557,23.1435, ADP,2003-12-29,23.1228,23.2805,22.9856,23.2805, ADP,2003-12-30,23.1435,23.3871,23.036,23.3209, ADP,2003-12-31,23.2923,23.7233,23.2923,23.5705, ADP,2004-01-02,23.6256,23.8968,23.5705,23.7776, ADP,2004-01-05,23.9225,24.5064,23.9107,24.4778, ADP,2004-01-06,24.4274,24.7351,24.388,24.7115, ADP,2004-01-07,24.5675,24.7558,24.4077,24.5814, ADP,2004-01-08,24.6682,24.7263,24.3091,24.531, ADP,2004-01-09,24.3229,24.3663,23.963,23.9768, ADP,2004-01-12,23.9344,24.0379,23.7164,23.9028, ADP,2004-01-13,24.0113,24.1839,23.8052,23.8644, ADP,2004-01-14,23.8644,24.4728,23.824,24.4077, ADP,2004-01-15,24.5241,24.608,24.1701,24.4481, ADP,2004-01-16,24.5448,24.6238,24.388,24.4995, ADP,2004-01-20,24.3663,24.4423,24.0951,24.3328, ADP,2004-01-21,24.3328,24.394,23.9275,24.316, ADP,2004-01-22,24.1879,25.2321,24.1356,24.9719, ADP,2004-01-23,25.753,25.7589,24.9639,25.1385, ADP,2004-01-26,24.9788,25.1937,24.9117,25.182, ADP,2004-01-27,25.1248,25.1888,24.9177,25.0941, ADP,2004-01-28,25.1937,25.4215,24.9639,25.1099, ADP,2004-01-29,25.392,25.7924,25.3535,25.6464, ADP,2004-01-30,25.7046,25.7313,25.3781,25.4432, ADP,2004-02-02,25.4689,26.0044,25.4432,25.825, ADP,2004-02-03,25.89,25.9502,25.5735,25.6346, ADP,2004-02-04,25.672,25.825,25.2017,25.392, ADP,2004-02-05,25.3781,25.4689,25.1178,25.3239, ADP,2004-02-06,25.2321,25.7253,25.1455,25.6642, ADP,2004-02-09,25.7313,26.0341,25.5962,25.8713, ADP,2004-02-10,25.7924,26.1356,25.7253,26.1356, ADP,2004-02-11,26.0341,26.5874,25.9699,26.4995, ADP,2004-02-12,26.3141,26.5271,26.2175,26.4877, ADP,2004-02-13,26.4877,26.4877,25.898,26.0814, ADP,2004-02-17,26.1465,26.54,26.0942,26.4818, ADP,2004-02-18,26.4818,26.534,26.1079,26.3141, ADP,2004-02-19,26.3062,26.389,25.672,25.7313, ADP,2004-02-20,25.8762,25.8762,25.3781,25.6286, ADP,2004-02-23,25.6464,25.753,25.0941,25.2825, ADP,2004-02-24,24.9826,25.4215,24.9324,24.9788, ADP,2004-02-25,24.9826,25.1099,24.9038,25.0439, ADP,2004-02-26,25.0439,25.0804,24.8486,24.9462, ADP,2004-02-27,24.4995,25.4936,24.4995,25.2628, ADP,2004-03-01,25.2628,25.3781,24.9462,25.3239, ADP,2004-03-02,25.5597,26.3289,25.4876,25.672, ADP,2004-03-03,25.672,26.1011,25.5458,26.0341, ADP,2004-03-04,25.9423,26.5074,25.9354,26.4768, ADP,2004-03-05,26.2687,26.2687,25.6503,25.6977,"Oracle responds to DOJ, rejects antitrust concerns SAN FRANCISCO (CBS.MW) -- Oracle said Friday it has filed a response to the Justice Department's lawsuit seeking to stop it from acquiring software rival PeopleSoft, and has denied that antitrust concerns exist." ADP,2004-03-08,25.7184,25.9177,25.4571,25.4749, ADP,2004-03-09,25.5241,26.0261,25.4689,25.8831, ADP,2004-03-10,26.2687,26.3614,25.5902,25.6503, ADP,2004-03-11,25.4502,25.5173,24.9394,25.0153, ADP,2004-03-12,24.9788,25.0804,24.7046,25.03,"Justice to fight Oracle with market share numbers SAN FRANCISCO (CBS.MW) - The U.S. Justice Department is expected to introduce market share statistics subpoenaed from multiple software companies, not just Oracle's major competitors, in its antitrust suit seeking to block against Oracle's proposed $9.4 billion hostile takeover of PeopleSoft." ADP,2004-03-15,24.816,24.9788,24.0261,24.4778, ADP,2004-03-16,24.6908,24.8309,24.5172,24.6967, ADP,2004-03-17,24.9591,24.9788,24.7618,24.8556, ADP,2004-03-18,24.8309,24.9038,24.5754,24.7795, ADP,2004-03-19,24.6967,24.8989,24.5527,24.5754, ADP,2004-03-22,24.246,24.2963,23.9985,24.2076, ADP,2004-03-23,24.2076,24.5064,24.1011,24.4137, ADP,2004-03-24,24.3466,24.5113,24.2529,24.388, ADP,2004-03-25,24.4728,24.6021,24.2884,24.5675, ADP,2004-03-26,24.5754,24.6021,24.3269,24.5064, ADP,2004-03-29,24.5448,25.1021,24.5241,24.9826, ADP,2004-03-30,24.9826,25.0764,24.7618,24.9896, ADP,2004-03-31,25.03,25.1455,24.676,24.9896, ADP,2004-04-01,24.9038,25.2905,24.892,25.0764, ADP,2004-04-02,25.8831,26.6672,25.825,26.3289, ADP,2004-04-05,26.4768,26.8319,26.4561,26.819, ADP,2004-04-06,26.8062,26.9591,26.2539,26.4344, ADP,2004-04-07,26.321,26.4482,26.0389,26.1286, ADP,2004-04-08,26.4127,26.6405,26.2342,26.3683, ADP,2004-04-12,26.3683,26.7795,26.3289,26.4818, ADP,2004-04-13,26.6128,26.7668,26.1553,26.246, ADP,2004-04-14,26.1465,26.389,25.9117,26.389, ADP,2004-04-15,26.4818,27.3674,26.4482,27.2698, ADP,2004-04-16,27.2698,27.2698,26.899,27.1416, ADP,2004-04-19,27.0233,27.0774,26.7056,26.7451, ADP,2004-04-20,26.8388,27.0695,26.54,26.54, ADP,2004-04-21,26.54,26.9639,26.54,26.8496, ADP,2004-04-22,26.7056,27.108,26.1987,26.8388, ADP,2004-04-23,27.2224,27.2224,26.7925,26.9699, ADP,2004-04-26,26.9591,27.029,26.3614,26.4995, ADP,2004-04-27,26.6336,26.8644,26.389,26.4709, ADP,2004-04-28,26.4009,26.4818,26.1139,26.1849, ADP,2004-04-29,26.2687,26.6919,26.0114,26.0872, ADP,2004-04-30,26.2116,26.4009,25.9225,26.0715, ADP,2004-05-03,26.2046,26.4936,26.1465,26.2885, ADP,2004-05-04,26.3289,26.7795,26.2885,26.5577, ADP,2004-05-05,26.5271,26.68,26.2687,26.5507, ADP,2004-05-06,26.4077,26.9591,26.389,26.9245, ADP,2004-05-07,26.9846,27.6573,26.9846,27.3911, ADP,2004-05-10,27.3911,28.1515,27.3674,27.8704, ADP,2004-05-11,27.7678,27.8704,27.3753,27.8704, ADP,2004-05-12,27.7204,27.7273,27.0507,27.534, ADP,2004-05-13,27.3674,27.6022,27.1297,27.2698, ADP,2004-05-14,27.1553,27.3674,26.9245,27.0637, ADP,2004-05-17,26.5074,26.7588,26.3683,26.54, ADP,2004-05-18,26.5874,26.819,26.4187,26.5222, ADP,2004-05-19,26.5577,26.7451,26.4344,26.4561, ADP,2004-05-20,26.389,26.5507,26.0636,26.3407, ADP,2004-05-21,26.3013,26.3812,26.1702,26.3486, ADP,2004-05-24,26.4265,26.6128,26.2539,26.3407, ADP,2004-05-25,26.6622,26.9846,26.6081,26.9384, ADP,2004-05-26,26.9591,26.9591,26.6278,26.68, ADP,2004-05-27,26.7184,26.7391,26.4344,26.5647, ADP,2004-05-28,26.6011,26.6405,26.4127,26.4344, ADP,2004-06-01,26.4344,26.4344,26.1553,26.2402, ADP,2004-06-02,26.2687,26.2963,26.1553,26.1849, ADP,2004-06-03,26.3289,26.463,26.0942,26.4187, ADP,2004-06-04,26.7795,26.8142,26.3566,26.4344, ADP,2004-06-07,26.5647,26.8319,26.4561,26.7718, ADP,2004-06-08,26.6465,26.8436,26.5459,26.6919, ADP,2004-06-09,26.6218,26.751,26.463,26.5222, ADP,2004-06-10,26.7184,26.7451,26.4936,26.5874, ADP,2004-06-14,26.5647,26.5647,26.1702,26.177, ADP,2004-06-15,26.2539,26.4936,26.2046,26.3486, ADP,2004-06-16,26.4482,26.4482,26.0261,26.0872, ADP,2004-06-17,26.0114,26.0341,25.5518,25.9225, ADP,2004-06-18,25.9285,26.1849,25.672,25.9048, ADP,2004-06-21,25.8525,25.9225,25.6217,25.6573, ADP,2004-06-22,25.6573,26.0044,25.6396,25.9354, ADP,2004-06-23,25.8525,26.3062,25.746,26.246, ADP,2004-06-24,26.1553,26.4077,25.8121,26.0261, ADP,2004-06-25,25.9423,25.9423,25.1455,25.2548, ADP,2004-06-28,25.4571,25.5458,25.1099,25.1573, ADP,2004-06-29,25.17,25.2746,25.1021,25.1021, ADP,2004-06-30,25.1652,25.2067,24.7727,24.9177, ADP,2004-07-01,25.0487,25.1513,24.531,24.6908, ADP,2004-07-02,24.608,24.6148,23.7312,23.745, ADP,2004-07-06,23.8052,24.3663,23.7568,24.2608, ADP,2004-07-07,24.1582,24.4866,24.1286,24.3091, ADP,2004-07-08,24.2884,24.5448,24.0616,24.0695, ADP,2004-07-09,24.1582,24.394,24.0823,24.1011, ADP,2004-07-12,24.1011,24.2283,23.9225,24.0951, ADP,2004-07-13,24.1839,24.2756,24.0182,24.0478, ADP,2004-07-14,23.8367,23.9551,23.2204,23.3387, ADP,2004-07-15,23.6523,23.9837,23.5784,23.7638, ADP,2004-07-16,23.9225,23.9768,23.745,23.8052, ADP,2004-07-19,23.8574,23.9225,23.7776,23.8781, ADP,2004-07-20,23.818,23.9837,23.745,23.9175, ADP,2004-07-21,23.963,24.3091,23.7776,23.8437, ADP,2004-07-22,23.8437,23.8574,23.5862,23.745, ADP,2004-07-23,23.6859,23.7233,23.4778,23.5705, ADP,2004-07-26,23.5705,23.602,23.1138,23.5043, ADP,2004-07-27,24.0261,24.6325,23.7381,24.4778,"U.S. stocks surge; Dow up 1.2%, Nasdaq 1.6% NEW YORK (CBS.MW) -- Blue chip stocks posted their biggest one-day gain in nearly two months Tuesday as stocks staged a powerful rally amid good earnings news and a two-year-high in consumer confidence." ADP,2004-07-28,24.8092,24.8092,24.1286,24.4481, ADP,2004-07-29,24.5064,24.9896,24.4728,24.892, ADP,2004-07-30,24.7558,24.9788,24.5172,24.9788, ADP,2004-08-02,24.7263,24.9177,24.6445,24.8416, ADP,2004-08-03,24.6908,24.8358,24.5675,24.6385, ADP,2004-08-04,24.4481,24.6445,24.3397,24.5607, ADP,2004-08-05,24.4551,24.4551,24.0951,24.1947, ADP,2004-08-06,23.745,23.9275,23.2688,23.3663, ADP,2004-08-09,23.3871,23.4166,22.9936,23.1365, ADP,2004-08-10,23.1365,23.2688,22.9699,23.2075, ADP,2004-08-11,23.0872,23.4659,22.9856,23.3535, ADP,2004-08-12,23.2688,23.3663,23.0872,23.171, ADP,2004-08-13,23.1001,23.3939,23.0872,23.3269, ADP,2004-08-16,23.315,23.7993,23.2855,23.745, ADP,2004-08-17,23.745,23.8968,23.6256,23.7638, ADP,2004-08-18,23.7638,23.8781,23.6523,23.8703, ADP,2004-08-19,23.7707,23.8644,23.5862,23.6641, ADP,2004-08-20,23.5942,23.7993,23.5399,23.7707, ADP,2004-08-23,23.8318,23.8644,23.6917,23.7312,"Judging the Oracle Here comes the judge, to rule on Oracle's bid for PeopleSoft. Some""what-if"" scenarios." ADP,2004-08-24,23.8781,24.0754,23.8052,23.9768, ADP,2004-08-25,23.9551,24.246,23.9175,24.1493, ADP,2004-08-26,24.0182,24.1286,23.8052,23.824, ADP,2004-08-27,23.7104,23.8644,23.671,23.7164, ADP,2004-08-30,23.5537,23.7707,23.532,23.6523, ADP,2004-08-31,23.6859,23.8781,23.4225,23.6641, ADP,2004-09-01,23.6641,23.8781,23.5705,23.8574, ADP,2004-09-02,23.8367,24.3801,23.8318,24.3397, ADP,2004-09-03,24.3397,24.6829,24.3091,24.4778, ADP,2004-09-07,24.5448,24.75,24.2963,24.4551, ADP,2004-09-08,24.3091,24.7421,24.2756,24.5241, ADP,2004-09-09,24.531,24.6504,24.1947,24.2283, ADP,2004-09-10,24.2283,24.6908,24.1701,24.6612, ADP,2004-09-13,24.6908,25.2254,24.6325,24.6562, ADP,2004-09-14,24.7845,25.6573,24.7845,25.4749,"Jensen's Zagunis cheers Pfizer, ADP, Patterson Cos. CHICAGO (CBS.MW) - Like an Olympic-level athlete, a fund manager's success hinges on strict discipline and a long-term view, says Robert Zagunis." ADP,2004-09-15,25.4749,25.4749,24.9826,25.3239, ADP,2004-09-16,25.2746,25.3998,25.1888,25.319, ADP,2004-09-17,25.4285,25.5241,25.1937,25.3634, ADP,2004-09-20,25.3466,25.4078,25.0627,25.2124, ADP,2004-09-21,25.1652,25.4876,24.9719,25.4078, ADP,2004-09-22,25.175,25.2628,24.9324,25.0015, ADP,2004-09-23,25.0439,25.0685,24.6562,24.7115, ADP,2004-09-24,24.6562,24.9788,24.6021,24.7046, ADP,2004-09-27,24.7046,24.7351,24.394,24.4481, ADP,2004-09-28,24.4551,24.5814,24.3328,24.4137, ADP,2004-09-29,24.3328,24.8989,24.246,24.8989, ADP,2004-09-30,24.7263,24.8623,24.4926,24.5892, ADP,2004-10-01,24.5754,25.538,24.5527,25.03, ADP,2004-10-04,25.2194,25.6464,25.0685,25.5655, ADP,2004-10-05,25.4629,25.9906,25.4571,25.9571, ADP,2004-10-06,25.9177,26.0528,25.5597,26.0468, ADP,2004-10-07,25.8713,25.89,25.4571,25.4808, ADP,2004-10-08,25.3466,25.3466,24.6908,24.7905, ADP,2004-10-11,24.892,25.1316,24.8791,25.036, ADP,2004-10-12,25.0439,25.0764,24.7115,24.892, ADP,2004-10-13,24.9896,25.0439,24.394,24.5241, ADP,2004-10-14,24.4866,24.5754,24.2076,24.2529, ADP,2004-10-15,24.2608,24.5527,24.1996,24.3091, ADP,2004-10-18,24.1879,24.6908,23.9906,24.6682, ADP,2004-10-19,24.6612,24.676,24.2756,24.316, ADP,2004-10-20,24.2155,24.2352,23.818,24.0951, ADP,2004-10-21,24.0379,24.2677,23.9225,24.1779, ADP,2004-10-22,24.0823,24.1996,23.679,23.824, ADP,2004-10-25,24.4274,25.6149,24.394,25.4749,"[""U.S. stocks close little changed as oil prices fall NEW YORK (CBS.MW) - U.S. stocks closed little changed Monday as a bullish broker call on chip stocks and a decline in oil prices was offset by disappointing earnings reports."", ""Curis, Delta Air, Mesa Air and more NEW YORK (CBS.MW) -- The following is a list of companies whose shares are making significant moves in Monday's trading session.""]" ADP,2004-10-26,24.8713,25.3466,24.8713,25.3358, ADP,2004-10-27,25.3239,25.8328,25.17,25.7381, ADP,2004-10-28,25.5902,25.9117,25.4689,25.7855, ADP,2004-10-29,25.6839,25.8594,25.5655,25.819, ADP,2004-11-01,25.7313,26.3763,25.5962,26.0814, ADP,2004-11-02,26.0636,26.4818,25.9906,26.3289, ADP,2004-11-03,26.4818,26.5647,26.0942,26.2539, ADP,2004-11-04,26.1849,26.6405,26.1079,26.6278, ADP,2004-11-05,26.7718,27.1129,26.2046,26.5507, ADP,2004-11-08,26.5931,26.7845,26.4877,26.7588, ADP,2004-11-09,26.7668,26.7795,26.6278,26.7244, ADP,2004-11-10,26.7244,26.9305,26.5647,26.7588, ADP,2004-11-11,26.7588,27.029,26.6672,26.9384, ADP,2004-11-12,26.8142,27.0163,26.6336,26.9946, ADP,2004-11-15,26.9896,26.9946,26.6081,26.9305,"Thanks, Mr. Chips Intel doubles its disbursement and enhances its buyback plan." ADP,2004-11-16,26.8436,26.892,26.5074,26.5705, ADP,2004-11-17,26.7056,26.9946,26.6336,26.9639, ADP,2004-11-18,26.9207,27.0774,26.8576,27.037, ADP,2004-11-19,27.1248,27.1356,26.7313,26.7718, ADP,2004-11-22,26.7718,27.044,26.6622,27.0163, ADP,2004-11-23,26.7184,26.9522,26.6278,26.8249, ADP,2004-11-24,26.8249,27.0854,26.7795,27.0093, ADP,2004-11-26,26.8062,27.0567,26.6741,26.9522, ADP,2004-11-29,26.9699,26.9946,26.751,26.899, ADP,2004-11-30,26.899,27.1613,26.8436,27.0922, ADP,2004-12-01,27.1001,27.5548,27.0774,27.5055, ADP,2004-12-02,27.2224,27.5193,27.1682,27.3911, ADP,2004-12-03,27.1129,27.4611,26.8644,27.3674, ADP,2004-12-06,27.3674,27.3911,27.1613,27.2501, ADP,2004-12-07,27.2431,27.3604,26.9639,26.9639, ADP,2004-12-08,27.0093,27.0507,26.6336,26.8851, ADP,2004-12-09,26.6278,26.899,26.389,26.7244, ADP,2004-12-10,26.6278,26.8062,26.4818,26.6543, ADP,2004-12-13,26.6543,26.8851,26.6128,26.8388, ADP,2004-12-14,26.751,26.8319,26.4936,26.6011, ADP,2004-12-15,26.5222,26.6543,26.2116,26.3141, ADP,2004-12-16,26.1405,26.463,26.1356,26.2885, ADP,2004-12-17,26.0341,26.463,26.0341,26.1405, ADP,2004-12-20,26.2963,26.5271,26.2539,26.4561, ADP,2004-12-21,26.4127,26.6622,26.321,26.4936, ADP,2004-12-22,26.4995,26.8388,26.4344,26.6128, ADP,2004-12-23,26.6218,26.899,26.5271,26.8703, ADP,2004-12-27,26.8062,26.8436,26.463,26.4818, ADP,2004-12-28,26.4482,26.7116,26.3614,26.6278, ADP,2004-12-29,26.4995,26.7184,26.4768,26.5459, ADP,2004-12-30,26.5074,26.54,26.246,26.3614, ADP,2004-12-31,26.463,26.5222,26.3013,26.389, ADP,2005-01-03,26.3614,26.6011,26.0261,26.0872, ADP,2005-01-04,26.1011,26.1849,25.6149,25.672, ADP,2005-01-05,25.7046,25.8594,25.4502,25.5655, ADP,2005-01-06,25.4995,25.5518,25.2471,25.392, ADP,2005-01-07,25.4502,25.5735,25.0015,25.3466, ADP,2005-01-10,25.2973,25.5597,25.2067,25.3634, ADP,2005-01-11,25.3634,25.4571,25.2628,25.4156, ADP,2005-01-12,25.3466,25.4285,24.9788,25.182, ADP,2005-01-13,25.0487,25.1888,24.6908,24.6908, ADP,2005-01-14,24.816,25.2254,24.816,25.2254,"Symantec, Check Point lead software reports next week LOS ANGELES (CBS.MW) - As earnings season starts to kick into high gear for software companies, investors will be focused next week on quarterly reports from security-related companies Check Point Software and Symantec Corp." ADP,2005-01-18,25.4078,26.3062,25.4078,26.2609, ADP,2005-01-19,26.2402,26.4561,26.0567,26.1356, ADP,2005-01-20,26.1356,26.1356,25.6977,25.8831, ADP,2005-01-21,25.8831,26.3013,25.4078,25.4808,"GE, WY, ADP A round-up of news and developments likely to move stocks at the open of equity trading on Friday." ADP,2005-01-24,25.672,26.0528,25.5962,25.7313, ADP,2005-01-25,25.7855,26.0567,25.7381,25.964, ADP,2005-01-26,25.9354,26.1079,25.8831,25.9285, ADP,2005-01-27,25.9354,25.964,25.4995,25.678, ADP,2005-01-28,25.7924,25.8525,25.4078,25.7046, ADP,2005-01-31,25.7313,25.9225,25.678,25.8713, ADP,2005-02-01,25.825,26.2303,25.672,26.1702, ADP,2005-02-02,26.0755,26.2303,25.7924,25.9758, ADP,2005-02-03,25.8525,26.246,25.7786,26.246, ADP,2005-02-04,26.2402,26.2687,25.8831,26.2687, ADP,2005-02-07,25.9423,26.2046,25.9117,26.0192, ADP,2005-02-08,25.9117,26.1632,25.8121,26.0468, ADP,2005-02-09,25.9423,26.0468,25.4432,25.4995, ADP,2005-02-10,25.6286,25.6346,25.3052,25.3052, ADP,2005-02-11,25.2381,25.6079,25.2381,25.5518, ADP,2005-02-14,25.6464,25.6464,25.3239,25.3239, ADP,2005-02-15,25.3239,25.4749,25.1937,25.2628, ADP,2005-02-16,25.1455,25.3052,24.9639,25.1248, ADP,2005-02-17,25.1248,25.3998,25.1248,25.2124, ADP,2005-02-18,25.2628,25.2746,24.9719,24.9719, ADP,2005-02-22,24.9324,25.1021,24.816,24.816, ADP,2005-02-23,25.3781,25.3781,24.4728,24.9522, ADP,2005-02-24,24.9522,25.4215,24.9462,25.3634, ADP,2005-02-25,25.4078,25.672,25.3239,25.5902, ADP,2005-02-28,25.4689,25.6217,25.4078,25.5597, ADP,2005-03-01,25.5597,25.7993,25.4432,25.5902, ADP,2005-03-02,25.4689,25.5597,25.3851,25.5103, ADP,2005-03-03,25.5054,25.5173,25.3052,25.392, ADP,2005-03-04,25.5902,25.6977,25.3466,25.4995, ADP,2005-03-07,25.4689,25.8831,25.4689,25.7993, ADP,2005-03-08,25.7046,25.9225,25.6839,25.8121, ADP,2005-03-09,25.6464,25.8121,25.5518,25.7381, ADP,2005-03-10,25.6079,25.8762,25.5458,25.8762, ADP,2005-03-11,25.7924,26.0636,25.7924,25.89, ADP,2005-03-14,25.8713,26.1286,25.819,26.1286, ADP,2005-03-15,26.1849,26.4768,26.1702,26.3141, ADP,2005-03-16,26.1465,26.4482,25.9906,26.4265, ADP,2005-03-17,26.4077,26.68,26.3289,26.5794, ADP,2005-03-18,26.6011,26.7668,26.5143,26.6465, ADP,2005-03-21,26.6011,26.7795,26.5577,26.7184, ADP,2005-03-22,26.6405,27.0637,26.6128,26.7588, ADP,2005-03-23,26.6278,26.9846,26.5647,26.899, ADP,2005-03-24,26.9245,27.0774,26.7451,26.8644, ADP,2005-03-28,26.9207,27.0695,26.9137,26.9639, ADP,2005-03-29,26.9384,26.9384,26.6849,26.7451, ADP,2005-03-30,26.7451,26.8388,26.6987,26.7718, ADP,2005-03-31,26.7795,26.819,26.6849,26.7451, ADP,2005-04-01,26.7451,26.7795,26.4936,26.6741, ADP,2005-04-04,26.6849,26.7668,26.5647,26.7056, ADP,2005-04-05,26.7795,26.9639,26.7184,26.8783, ADP,2005-04-06,26.9639,27.0922,26.892,26.9245, ADP,2005-04-07,26.9896,27.0637,26.9068,27.0567, ADP,2005-04-08,26.9452,27.1129,26.899,26.9137, ADP,2005-04-11,26.3358,26.6081,26.1849,26.5705, ADP,2005-04-12,26.4818,26.751,26.2766,26.7116, ADP,2005-04-13,26.6849,26.8783,26.6011,26.6672, ADP,2005-04-14,26.6849,26.7451,26.463,26.4936, ADP,2005-04-15,26.321,26.4877,25.7924,25.8594, ADP,2005-04-18,25.6642,25.9225,25.601,25.7993, ADP,2005-04-19,25.7648,25.7717,25.5173,25.672, ADP,2005-04-20,25.6149,25.7993,25.4432,25.4749, ADP,2005-04-21,26.3289,26.7668,25.9423,26.4187, ADP,2005-04-22,26.5647,26.5647,26.1632,26.3812, ADP,2005-04-25,26.395,26.6622,26.2885,26.4936, ADP,2005-04-26,26.4995,26.5074,25.964,25.964, ADP,2005-04-27,25.8594,26.1938,25.8121,26.1139, ADP,2005-04-28,25.964,26.0814,25.6839,25.7648, ADP,2005-04-29,25.825,25.8713,25.538,25.8525, ADP,2005-05-02,25.8525,26.1849,25.8525,26.0755, ADP,2005-05-03,26.0814,26.5143,26.0814,26.3013, ADP,2005-05-04,26.4709,26.5074,26.2175,26.3486, ADP,2005-05-05,26.2046,26.3486,25.9571,26.246, ADP,2005-05-06,26.3614,26.4818,26.1702,26.1987, ADP,2005-05-09,26.1286,26.177,25.8831,26.1405, ADP,2005-05-10,25.9048,25.9571,25.6503,25.7381, ADP,2005-05-11,25.8831,26.1849,25.753,26.1286, ADP,2005-05-12,26.1702,26.177,25.9827,26.1465, ADP,2005-05-13,26.1465,26.2402,25.9571,26.177, ADP,2005-05-16,26.2342,26.2825,26.0942,26.1849, ADP,2005-05-17,26.1938,26.2046,25.9354,26.177, ADP,2005-05-18,26.1849,26.3289,26.0261,26.3289, ADP,2005-05-19,26.2825,26.4936,26.1987,26.4768, ADP,2005-05-20,26.4818,26.6336,26.3486,26.6011, ADP,2005-05-23,26.5507,26.6465,26.4265,26.5074, ADP,2005-05-24,26.389,26.5507,26.2175,26.5074, ADP,2005-05-25,26.3289,26.4265,26.1987,26.3013, ADP,2005-05-26,26.4077,26.5577,26.2687,26.395, ADP,2005-05-27,26.4404,26.5577,26.2766,26.4936, ADP,2005-05-31,26.395,26.395,26.0389,26.0636, ADP,2005-06-01,26.1208,26.2687,26.0567,26.2046, ADP,2005-06-02,26.0636,26.389,26.0636,26.3013, ADP,2005-06-03,26.1987,26.2825,25.89,25.9699, ADP,2005-06-06,25.89,26.0814,25.7993,26.0567, ADP,2005-06-07,25.9502,26.2687,25.8831,26.0114, ADP,2005-06-08,26.0044,26.0192,25.5597,25.6286, ADP,2005-06-09,25.5103,25.7924,25.5103,25.6907, ADP,2005-06-10,25.819,25.819,25.3781,25.538, ADP,2005-06-13,25.5458,25.753,25.4156,25.5173, ADP,2005-06-14,25.5291,25.538,25.3299,25.4432, ADP,2005-06-15,25.5902,25.7184,25.2548,25.3239, ADP,2005-06-16,25.3851,25.5458,25.3239,25.4689, ADP,2005-06-17,25.5902,25.5902,25.319,25.4502, ADP,2005-06-20,25.3703,25.4571,25.2825,25.3121, ADP,2005-06-21,25.3121,25.3851,25.0487,25.1455, ADP,2005-06-22,25.1513,25.2471,24.9788,24.9788, ADP,2005-06-23,24.9896,25.036,24.5064,24.531, ADP,2005-06-24,24.5113,24.5961,24.1208,24.2155, ADP,2005-06-27,24.2155,24.5064,24.0261,24.4728,The Trader -- Part II The market searches for motivation for its moves. ADP,2005-06-28,24.8713,25.4629,24.8713,25.2124, ADP,2005-06-29,25.4629,25.4629,24.9896,25.0804, ADP,2005-06-30,25.0223,25.2628,24.9462,24.9788, ADP,2005-07-01,25.0487,25.319,25.0223,25.1573, ADP,2005-07-05,25.0567,25.2017,24.9896,25.0941, ADP,2005-07-06,25.0941,25.1652,24.8556,24.9177, ADP,2005-07-07,24.8092,24.9896,24.5172,24.8416, ADP,2005-07-08,24.8416,25.0223,24.6445,24.9788, ADP,2005-07-11,25.0627,25.2194,24.8556,25.2124, ADP,2005-07-12,25.3239,25.3239,24.9826,25.2471, ADP,2005-07-13,25.1888,25.2688,25.03,25.1021, ADP,2005-07-14,25.2548,25.319,25.1099,25.2688, ADP,2005-07-15,25.2688,25.4936,25.2254,25.4936, ADP,2005-07-18,25.4936,25.4936,25.2746,25.4078, ADP,2005-07-19,25.5054,25.819,25.4156,25.7717, ADP,2005-07-20,25.5655,25.8525,25.4502,25.7924, ADP,2005-07-21,25.746,26.2175,25.7184,26.0261, ADP,2005-07-22,26.0261,26.1632,25.8328,26.1405, ADP,2005-07-25,26.246,26.6081,26.0192,26.0636, ADP,2005-07-26,26.0468,26.389,25.2628,26.0814, ADP,2005-07-27,26.0341,26.2046,25.9571,26.2046, ADP,2005-07-28,26.2116,26.819,26.2046,26.6987, ADP,2005-07-29,26.5647,26.7244,26.4265,26.4265, ADP,2005-08-01,25.8594,26.4482,25.8594,26.395, ADP,2005-08-02,26.4187,26.6011,26.3486,26.395, ADP,2005-08-03,26.2687,26.4344,26.1702,26.4077, ADP,2005-08-04,26.3763,26.3763,26.1208,26.177, ADP,2005-08-05,26.177,26.389,26.1208,26.177, ADP,2005-08-08,26.2046,26.3566,26.1632,26.1849, ADP,2005-08-09,26.2243,26.3407,26.1702,26.2303, ADP,2005-08-10,26.3289,26.751,26.3013,26.395, ADP,2005-08-11,26.4187,26.6278,26.2766,26.4877, ADP,2005-08-12,26.4877,26.6278,26.3614,26.4936, ADP,2005-08-15,26.4344,26.5794,26.246,26.5143, ADP,2005-08-16,26.4344,26.534,26.246,26.246, ADP,2005-08-17,26.177,26.2963,26.1286,26.2402, ADP,2005-08-18,26.177,26.3566,26.0341,26.2342, ADP,2005-08-19,26.3763,26.4077,26.1465,26.177, ADP,2005-08-22,26.1849,26.4561,26.0715,26.2175, ADP,2005-08-23,26.1938,26.2687,26.1079,26.177, ADP,2005-08-24,26.1405,26.3013,26.0261,26.0341, ADP,2005-08-25,26.0636,26.1405,25.964,26.0261, ADP,2005-08-26,26.0261,26.0261,25.7648,25.819, ADP,2005-08-29,25.7313,25.9699,25.7313,25.9117, ADP,2005-08-30,25.8053,25.8053,25.5962,25.6977, ADP,2005-08-31,25.7313,25.7313,25.1385,25.4432, ADP,2005-09-01,25.4285,25.4571,25.0567,25.1385, ADP,2005-09-02,25.2194,25.392,25.1099,25.2688, ADP,2005-09-06,25.3634,25.5902,25.3584,25.4749, ADP,2005-09-07,25.2017,25.3466,25.1385,25.2381, ADP,2005-09-08,25.3466,25.3466,25.0567,25.2017, ADP,2005-09-09,25.2254,25.4215,25.1385,25.392, ADP,2005-09-12,25.3239,25.4689,25.0872,25.0941, ADP,2005-09-13,25.1021,25.1178,24.6682,24.7678, ADP,2005-09-14,24.816,24.9394,24.6967,24.8556, ADP,2005-09-15,24.9038,24.9639,24.6908,24.8092, ADP,2005-09-16,24.9177,25.0439,24.7046,24.8092, ADP,2005-09-19,24.9896,25.1455,24.6908,24.8229, ADP,2005-09-20,24.8309,25.319,24.8309,25.2017, ADP,2005-09-21,25.2017,25.4078,25.1652,25.2321, ADP,2005-09-22,25.2017,25.2905,24.9956,25.175, ADP,2005-09-23,25.1513,25.2017,24.8416,25.03, ADP,2005-09-26,25.175,25.3634,24.9245,24.9719, ADP,2005-09-27,25.0872,25.1937,24.9117,25.1178, ADP,2005-09-28,25.5902,26.0636,25.3535,25.6642, ADP,2005-09-29,25.6217,25.6217,25.2905,25.5597, ADP,2005-09-30,25.5054,25.6642,25.2905,25.6149, ADP,2005-10-03,25.538,25.6573,25.4629,25.5962, ADP,2005-10-04,25.6464,25.9502,25.538,25.6642, ADP,2005-10-05,25.6149,25.8762,25.5902,25.6149, ADP,2005-10-06,25.6464,25.8831,25.5173,25.6839, ADP,2005-10-07,25.7313,25.753,25.5597,25.672, ADP,2005-10-10,25.6286,25.7381,25.538,25.601, ADP,2005-10-11,25.5962,25.6286,25.3121,25.392, ADP,2005-10-12,25.3239,25.4995,25.1178,25.2628, ADP,2005-10-13,25.1099,25.5823,25.1021,25.4571, ADP,2005-10-14,25.4432,25.6642,25.392,25.6503, ADP,2005-10-17,25.2905,25.5597,25.1652,25.2254, ADP,2005-10-18,25.1652,25.4502,25.1513,25.3781, ADP,2005-10-19,25.2548,25.7046,25.2471,25.6977, ADP,2005-10-20,25.6977,25.8762,25.4995,25.4995, ADP,2005-10-21,25.4995,25.5173,25.2254,25.3998, ADP,2005-10-24,25.6464,26.1849,25.6464,25.9354, ADP,2005-10-25,25.9571,26.0567,25.6464,25.9117, ADP,2005-10-26,26.4482,27.4926,26.3013,27.3674,"[""Stock futures turn down as Amazon, Boeing slide LONDON (MarketWatch) -- Stock market futures turned slightly lower Wednesday as traders, as a disappointing outlook from online book seller Amazon.com and weak results from Boeing Co. offset optimism from Tuesday's late-day rebound."", ""Highlights of rising and falling U.S. stocks A roundup of Wednesday's top advancers and decliners""]" ADP,2005-10-27,27.0774,28.0844,26.8062,27.7609, ADP,2005-10-28,27.968,28.0587,27.8131,27.8704, ADP,2005-10-31,27.8704,27.899,27.4886,27.7678, ADP,2005-11-01,27.7273,27.9058,27.5193,27.5271, ADP,2005-11-02,27.5814,27.7796,27.4611,27.7204, ADP,2005-11-03,27.6987,27.8003,27.609,27.6573, ADP,2005-11-04,27.8773,27.8773,27.5469,27.7126, ADP,2005-11-07,27.7737,27.8181,27.6219,27.7343, ADP,2005-11-08,27.7866,27.7866,27.5055,27.5952, ADP,2005-11-09,27.609,27.8181,27.5952,27.6573, ADP,2005-11-10,27.7057,28.4946,27.7057,28.4946, ADP,2005-11-11,28.387,28.4078,28.1258,28.2205, ADP,2005-11-14,28.0587,28.4078,28.0271,28.2717, ADP,2005-11-15,28.1771,28.2964,27.9541,28.1515, ADP,2005-11-16,28.1336,28.3379,28.0844,28.2964, ADP,2005-11-17,28.2964,28.5498,28.2066,28.536, ADP,2005-11-18,28.5932,28.6278,28.2786,28.3793, ADP,2005-11-21,28.4414,28.4414,27.7343,28.2205, ADP,2005-11-22,28.1198,28.2066,27.8309,27.9394, ADP,2005-11-23,27.8773,28.0627,27.8181,27.8181, ADP,2005-11-25,27.9058,28.0912,27.8309,27.9877, ADP,2005-11-28,27.9394,27.9946,27.5409,27.5626, ADP,2005-11-29,27.6633,27.9541,27.6633,27.755, ADP,2005-11-30,27.8506,28.2016,27.8181,27.968, ADP,2005-12-01,28.0686,28.3634,28.0074,28.2895, ADP,2005-12-02,28.1455,28.4414,28.0508,28.1515, ADP,2005-12-05,28.1455,28.2648,27.8565,27.8911, ADP,2005-12-06,28.0351,28.249,27.8773,27.968, ADP,2005-12-07,27.9246,28.0981,27.7609,27.8565, ADP,2005-12-08,27.8911,27.8911,27.4413,27.6326, ADP,2005-12-09,27.6987,27.8427,27.679,27.7678, ADP,2005-12-12,27.7343,27.8773,27.5271,27.5271, ADP,2005-12-13,27.4838,27.8181,27.2825,27.6859, ADP,2005-12-14,27.7609,28.0429,27.6633,27.9246, ADP,2005-12-15,27.8841,27.968,27.6386,27.824, ADP,2005-12-16,27.9611,27.968,27.5883,27.7273, ADP,2005-12-19,27.5123,27.7796,27.2568,27.5952, ADP,2005-12-20,27.6386,27.8181,27.3911,27.6326, ADP,2005-12-21,27.6219,27.8634,27.4413,27.609, ADP,2005-12-22,27.5469,27.7343,27.3348,27.7126, ADP,2005-12-23,27.7273,27.8427,27.534,27.6633, ADP,2005-12-27,27.7866,28.0202,27.7204,27.7421, ADP,2005-12-28,27.8427,27.9127,27.7421,27.755, ADP,2005-12-29,27.8181,27.9473,27.6022,27.6149, ADP,2005-12-30,27.4335,27.4886,27.2766,27.3082, ADP,2006-01-03,27.7866,27.7866,27.2568,27.5685, ADP,2006-01-04,27.6326,27.7737,27.5626,27.6573, ADP,2006-01-05,27.6022,27.6445,27.4216,27.4285, ADP,2006-01-06,27.4285,27.749,27.3674,27.6573, ADP,2006-01-09,27.5755,27.6919,27.5123,27.5952, ADP,2006-01-10,27.3289,27.534,27.2964,27.3674, ADP,2006-01-11,27.3536,27.5055,27.322,27.4482, ADP,2006-01-12,27.4028,27.4838,26.9946,27.044, ADP,2006-01-13,27.044,27.2501,27.029,27.2224, ADP,2006-01-17,27.0093,27.1356,26.9591,26.9699, ADP,2006-01-18,26.899,27.1416,26.6336,27.044, ADP,2006-01-19,27.0233,27.3348,26.9384,27.2964, ADP,2006-01-20,27.322,27.322,26.8496,26.9591, ADP,2006-01-23,27.0163,27.1198,26.9245,27.0093, ADP,2006-01-24,26.9846,27.4482,26.899,27.4078, ADP,2006-01-25,27.4886,27.5409,26.6741,26.9699,"Disney, ConocoPhillips, Qualcomm A look at companies whose shares are expected to see active trade in Wednesday's session." ADP,2006-01-26,27.2698,27.3674,26.6849,26.7184, ADP,2006-01-27,26.6622,26.751,26.4009,26.6405, ADP,2006-01-30,26.6278,26.7795,26.4561,26.7244, ADP,2006-01-31,26.6919,26.7244,26.1405,26.1405, ADP,2006-02-01,26.1079,26.321,26.0468,26.2885, ADP,2006-02-02,26.3013,26.389,26.0715,26.2539, ADP,2006-02-03,26.1139,26.2116,26.0341,26.1849, ADP,2006-02-06,25.7313,26.2687,25.7313,26.2175, ADP,2006-02-07,26.3289,26.7116,26.2766,26.3812, ADP,2006-02-08,26.54,26.899,26.4404,26.8576, ADP,2006-02-09,26.899,27.2501,26.819,27.1485, ADP,2006-02-10,27.1356,27.2431,26.8783,27.1977, ADP,2006-02-13,26.7244,27.182,26.7244,27.0163, ADP,2006-02-14,27.0093,27.1356,26.8703,27.1297, ADP,2006-02-15,27.0163,27.1297,26.6672,26.7845, ADP,2006-02-16,26.6849,26.892,26.6465,26.7451, ADP,2006-02-17,26.7451,26.7718,26.5647,26.68, ADP,2006-02-21,26.68,26.7313,26.4187,26.4561, ADP,2006-02-22,26.5507,26.6672,26.4936,26.5577, ADP,2006-02-23,26.4709,26.899,26.4709,26.6741, ADP,2006-02-24,26.6336,26.8783,26.4818,26.7116, ADP,2006-02-27,26.8249,27.6149,26.8249,27.5271, ADP,2006-02-28,27.3674,27.6277,27.2638,27.4886, ADP,2006-03-01,27.3674,27.6149,27.2501,27.4986, ADP,2006-03-02,27.4611,27.4838,27.2431,27.4138, ADP,2006-03-03,27.1977,27.7204,27.1682,27.5409, ADP,2006-03-06,27.4542,27.5883,27.2638,27.3753, ADP,2006-03-07,27.1613,27.3151,27.0774,27.2501, ADP,2006-03-08,27.2224,27.6386,27.1613,27.5883, ADP,2006-03-09,27.968,28.1198,27.824,27.9877, ADP,2006-03-10,27.8634,28.4769,27.6987,28.3743, ADP,2006-03-13,28.3743,28.4542,28.2205,28.3033, ADP,2006-03-14,28.2126,28.536,27.9985,28.2717, ADP,2006-03-15,28.1515,28.2648,27.8181,27.9473, ADP,2006-03-16,27.8773,28.0202,27.7678,27.9473, ADP,2006-03-17,28.0912,28.2016,28.0005,28.0627, ADP,2006-03-20,28.0005,28.1129,27.6987,27.8911, ADP,2006-03-21,28.0429,28.1051,27.7924,27.8309, ADP,2006-03-22,27.7273,27.8427,27.5685,27.7737,"[""Analyst: Buy Exxon Mobil Rudolph Martin, director of research for Weiss Ratings Inc. tells Chuck Jaffe that energy stocks have a ways to go before their recent run loses its legs, noting that companies like Exxon Mobil remain strong buys."", ""Weiss Ratings stock analyst bullish on energy sector BOSTON (MarketWatch) -- Rudolph Martin, director of research for Weiss Ratings Inc. in Jupiter, Fla., said that energy stocks have a ways to go before their recent run loses steam, noting that companies like Exxon Mobil Corp. remain strong buys.""]" ADP,2006-03-23,27.6277,27.9315,27.4769,27.8911, ADP,2006-03-24,27.749,27.8704,27.4886,27.8181, ADP,2006-03-27,27.9058,27.968,27.7924,27.8073, ADP,2006-03-28,27.8073,27.8073,27.3477,27.4028, ADP,2006-03-29,27.3674,27.7204,27.2037,27.5548, ADP,2006-03-30,27.5548,27.7796,27.4542,27.4769, ADP,2006-03-31,27.3753,27.3979,27.0774,27.182, ADP,2006-04-03,27.3417,27.7866,27.2698,27.4542, ADP,2006-04-04,27.3831,27.6633,27.2698,27.5409, ADP,2006-04-05,27.4886,27.6445,27.4028,27.534, ADP,2006-04-06,27.3753,27.9246,27.3417,27.8378, ADP,2006-04-07,27.8003,27.8773,27.6022,27.6445, ADP,2006-04-10,27.5952,27.6149,27.4138,27.4542, ADP,2006-04-11,27.3911,27.5193,27.1297,27.3477, ADP,2006-04-12,27.3536,27.3831,27.108,27.3674, ADP,2006-04-13,27.2224,27.534,27.1416,27.4285, ADP,2006-04-17,26.9068,27.4285,26.9068,27.1613, ADP,2006-04-18,27.175,27.7678,27.1682,27.7343, ADP,2006-04-19,27.609,27.749,27.2698,27.4886, ADP,2006-04-20,27.4886,27.8131,27.4689,27.6386, ADP,2006-04-21,27.6022,27.609,26.9452,27.1977,"Check Point, Fiserv, Parametric and others ready results LOS ANGELES (MarketWatch) -- While Microsoft Corp., the world's largest software company, will likely dominate results-related headlines in the coming week, a number of other software and services firms also are preparing to present investors with their quarterly financial report card." ADP,2006-04-24,27.1297,27.175,26.9137,26.9384, ADP,2006-04-25,26.8496,27.1613,26.8388,26.8644, ADP,2006-04-26,27.0774,27.2144,26.8496,27.0163, ADP,2006-04-27,27.0163,27.5055,26.8436,27.4335, ADP,2006-04-28,26.8062,26.8142,25.8831,26.2303,"Microsoft, Chevron, Conexant Systems A look at companies whose shares are expected to see active trade in Friday's session." ADP,2006-05-01,26.5705,26.7718,26.3763,26.4127, ADP,2006-05-02,26.3763,26.6081,26.2243,26.4768, ADP,2006-05-03,26.3614,26.463,26.1405,26.2046, ADP,2006-05-04,26.2046,26.6011,26.1987,26.2402, ADP,2006-05-05,26.3614,26.5271,26.2303,26.4709, ADP,2006-05-08,26.4009,26.4344,25.9423,26.0942, ADP,2006-05-09,26.0942,26.2963,25.9502,26.0341, ADP,2006-05-10,25.9117,26.3763,25.9117,26.2885, ADP,2006-05-11,26.1849,26.2402,26.0528,26.1208, ADP,2006-05-12,26.0636,26.3566,26.0636,26.1849, ADP,2006-05-15,26.1849,26.3141,26.0389,26.2687, ADP,2006-05-16,26.1849,26.2342,26.0755,26.1139, ADP,2006-05-17,26.4127,26.4187,26.1139,26.2402, ADP,2006-05-18,25.7717,26.6278,25.7717,26.463, ADP,2006-05-19,26.6672,27.0233,26.5577,27.0163, ADP,2006-05-22,26.9846,27.2501,26.8319,26.8436, ADP,2006-05-23,26.819,27.2037,26.7992,26.9452, ADP,2006-05-24,26.7451,27.4335,26.7184,27.3911, ADP,2006-05-25,27.3911,27.5123,27.1416,27.2895, ADP,2006-05-26,27.2568,27.3674,27.1248,27.3604, ADP,2006-05-30,27.2501,27.2568,26.9591,26.9779, ADP,2006-05-31,27.0036,27.3082,26.8576,27.0567, ADP,2006-06-01,27.1356,27.4285,27.108,27.4078, ADP,2006-06-02,27.3477,27.3911,27.1682,27.2224, ADP,2006-06-05,27.4285,27.4285,27.0036,27.0163, ADP,2006-06-06,27.0695,27.5409,26.9699,27.1977, ADP,2006-06-07,27.0774,27.3979,27.0567,27.0854, ADP,2006-06-08,26.9639,27.1356,26.5507,26.7668, ADP,2006-06-09,26.6278,26.7391,26.4818,26.534, ADP,2006-06-12,26.6849,26.8142,26.5459,26.6011, ADP,2006-06-13,26.54,26.7451,26.2539,26.2885, ADP,2006-06-14,26.2116,26.5271,26.1849,26.4877, ADP,2006-06-15,26.4709,26.8249,26.3486,26.751, ADP,2006-06-16,26.54,26.8576,26.54,26.7184, ADP,2006-06-19,26.7795,26.8576,26.3763,26.4995, ADP,2006-06-20,26.4482,26.5507,26.4265,26.4818, ADP,2006-06-21,26.5507,26.7391,26.3763,26.6278, ADP,2006-06-22,26.6011,26.6849,26.321,26.463, ADP,2006-06-23,26.4009,26.5222,26.2116,26.3566, ADP,2006-06-26,26.4187,26.5577,26.3763,26.4709, ADP,2006-06-27,26.4187,26.5459,26.2825,26.4344, ADP,2006-06-28,26.4404,26.7588,26.4404,26.7116, ADP,2006-06-29,26.7795,27.0233,26.6919,27.0233, ADP,2006-06-30,27.0233,27.2766,26.9207,26.9846, ADP,2006-07-03,26.9846,27.1248,26.9245,27.0637, ADP,2006-07-05,26.9591,27.0922,26.8388,26.9846,"In focus: Bulls get their chance BOULDER, Colo. (MarketWatch) - Our mission is to provide the most practical information for option traders and your questions and feedback allows us to provide relevant information a trader can use. During each issue, we will highlight subscriber questions that most likely represent the masses. Feedback is strongly encouraged. Send your e-mails to david@crosswindscapital.com" ADP,2006-07-06,26.9522,27.3674,26.8496,27.0163, ADP,2006-07-07,26.899,26.9068,26.0528,26.1938, ADP,2006-07-10,26.2825,26.5507,26.2687,26.4127, ADP,2006-07-11,26.2766,26.3407,26.1079,26.1987, ADP,2006-07-12,26.1465,26.2303,25.9048,25.9758, ADP,2006-07-13,25.9827,25.9985,25.5173,25.5458, ADP,2006-07-14,25.392,25.6573,25.2905,25.6079, ADP,2006-07-17,25.6642,25.9354,25.6149,25.7924, ADP,2006-07-18,25.7924,25.9285,25.5962,25.8121, ADP,2006-07-19,25.825,26.1405,25.7924,26.0044, ADP,2006-07-20,25.9117,26.0044,25.7046,25.7115, ADP,2006-07-21,25.819,25.819,25.3781,25.4156, ADP,2006-07-24,25.3781,25.6149,25.3584,25.5902, ADP,2006-07-25,25.4995,25.8762,25.4078,25.746, ADP,2006-07-26,25.6464,25.7313,25.3634,25.3634, ADP,2006-07-27,25.3407,25.8053,25.3239,25.6079, ADP,2006-07-28,25.6217,26.2539,25.6217,26.1286, ADP,2006-07-31,25.9117,26.1553,25.8831,26.0389, ADP,2006-08-01,25.9571,26.0814,25.5597,25.6396, ADP,2006-08-02,26.5647,27.2825,25.3851,26.6622,"[""Time Warner, Procter & Gamble, Cadbury and more U.S stock market futures tilted higher on Wednesday after recent declines, with overseas market strength and Time Warner earnings helping to keep U.S. markets above water. Continued strength in energy prices may be a headwind, however."", ""Wednesday's biggest stock gainers and decliners Stocks to watch"", ""ADP confirms spinoff, lifts estimates, names new CFO NEW YORK (MarketWatch) - Automatic Data Processing Inc. on Wednesday confirmed its plan to spin off its brokerage services unit, boosted its stock buyback, issued its 2007 profit estimate and named a new chief financial officer.""]" ADP,2006-08-03,26.7451,27.2698,26.68,27.1682, ADP,2006-08-04,27.2825,27.4838,27.2077,27.4335, ADP,2006-08-07,27.2825,27.3753,27.0233,27.1553, ADP,2006-08-08,27.2431,27.3082,26.8644,27.0774, ADP,2006-08-09,27.2698,27.4285,27.1356,27.175, ADP,2006-08-10,27.175,27.4285,27.0774,27.3348, ADP,2006-08-11,27.2224,27.4886,27.1356,27.4335, ADP,2006-08-14,27.5814,27.7204,27.4078,27.4413, ADP,2006-08-15,27.609,27.8073,27.609,27.6386, ADP,2006-08-16,27.749,27.968,27.7057,27.9541, ADP,2006-08-17,27.8565,28.0202,27.755,27.9828, ADP,2006-08-18,28.0202,28.1771,27.8565,28.1336, ADP,2006-08-21,27.9611,28.0202,27.6919,27.8131, ADP,2006-08-22,27.7796,28.0587,27.7796,27.9187, ADP,2006-08-23,27.8565,28.0429,27.8309,27.8911, ADP,2006-08-24,27.968,28.0074,27.7737,27.8506, ADP,2006-08-25,27.7204,27.8073,27.4689,27.7273, ADP,2006-08-28,27.6633,28.2648,27.6633,28.1258, ADP,2006-08-29,28.1258,28.387,28.1198,28.3379, ADP,2006-08-30,28.2964,28.4542,28.1395,28.2066, ADP,2006-08-31,28.3033,28.469,28.0686,28.0844,"Tech stocks close flat, Nasdaq enjoys August gain LOS ANGELES (MarketWatch) -- Technology stocks closed little moved overall in quiet Thursday trading, though the Nasdaq enjoyed a gain of over 4% for August to snap a 4-month losing streak." ADP,2006-09-01,28.2066,28.679,28.1455,28.5637, ADP,2006-09-05,28.4227,28.5498,28.322,28.4473, ADP,2006-09-06,28.322,28.4887,27.9473,28.0627, ADP,2006-09-07,27.968,28.1336,27.8378,27.9985, ADP,2006-09-08,28.0074,28.3576,27.9541,28.2126, ADP,2006-09-11,28.1258,28.3447,27.968,28.249, ADP,2006-09-12,28.1258,28.4414,28.1258,28.2786, ADP,2006-09-13,28.1129,28.3506,27.968,28.0686, ADP,2006-09-14,28.0202,28.1652,27.9877,28.0627, ADP,2006-09-15,28.1889,28.4227,28.1129,28.1829, ADP,2006-09-18,28.2205,28.5005,28.1455,28.3309, ADP,2006-09-19,28.3309,28.5005,27.7343,27.9611, ADP,2006-09-20,27.9541,28.4946,27.8841,28.2717, ADP,2006-09-21,28.2016,28.2964,27.968,28.0686, ADP,2006-09-22,28.0074,28.0587,27.7737,27.8634, ADP,2006-09-25,27.9058,28.5203,27.8911,28.3743, ADP,2006-09-26,28.2964,28.7401,28.1198,28.6071, ADP,2006-09-27,28.4285,28.4887,27.9541,28.1958, ADP,2006-09-28,28.3033,28.4769,28.1722,28.2786, ADP,2006-09-29,28.1652,28.3634,28.0508,28.1722, ADP,2006-10-02,28.2126,28.2126,27.9187,27.9946, ADP,2006-10-03,28.0271,28.4473,27.9985,28.3693, ADP,2006-10-04,28.322,28.4414,28.2895,28.3793, ADP,2006-10-05,28.2786,28.4285,28.2016,28.3793, ADP,2006-10-06,28.322,28.3793,28.1583,28.2412,"Corporate profits on record-setting pace, but can it last? Analysts say the trend of 10%-plus net income growth expected for companies in the S&P 500 this quarter will tie a record 13-quarter streak that ran from 1992 to 1995, marking Corporate America’s longest run of double-digit growth since since 1950." ADP,2006-10-09,28.249,28.3793,28.1258,28.2786, ADP,2006-10-10,28.1722,28.2362,27.8841,27.9394, ADP,2006-10-11,27.7866,27.9315,27.6277,27.8181, ADP,2006-10-12,27.8773,27.9985,27.7126,27.8911, ADP,2006-10-13,27.7866,27.8378,27.5271,27.6573, ADP,2006-10-16,27.7204,27.9611,27.679,27.9394, ADP,2006-10-17,27.8427,28.0627,27.749,28.0134, ADP,2006-10-18,28.1198,28.322,27.9748,28.1829, ADP,2006-10-19,28.1129,28.2362,28.0587,28.1889, ADP,2006-10-20,28.3033,28.3092,28.0844,28.2126, ADP,2006-10-23,28.1455,28.5005,28.0844,28.5005, ADP,2006-10-24,28.3793,28.4631,28.2717,28.4414, ADP,2006-10-25,28.4364,28.5074,28.1652,28.3379, ADP,2006-10-26,28.3092,28.4414,28.2362,28.3379, ADP,2006-10-27,28.2412,28.536,28.1652,28.3634, ADP,2006-10-30,28.2895,29.4375,28.2648,29.1702, ADP,2006-10-31,29.4246,29.7126,29.1307,29.4168, ADP,2006-11-01,29.3941,29.5075,28.8329,29.0046, ADP,2006-11-02,28.8881,28.9443,28.536,28.6327, ADP,2006-11-03,28.6593,28.7184,28.4167,28.5567, ADP,2006-11-06,28.5567,28.6948,28.4631,28.5637, ADP,2006-11-07,28.6386,28.9078,28.6071,28.894, ADP,2006-11-08,28.8457,29.1436,28.8182,28.9641, ADP,2006-11-09,28.9187,28.9829,28.8249,28.901, ADP,2006-11-10,28.901,28.9709,28.8249,28.9522, ADP,2006-11-13,28.8664,29.177,28.8596,29.0183, ADP,2006-11-14,28.9829,29.2037,28.7965,29.1633, ADP,2006-11-15,29.0657,29.4325,29.033,29.4009, ADP,2006-11-16,29.4078,29.679,29.3831,29.6229, ADP,2006-11-17,29.5134,29.6446,29.4009,29.539, ADP,2006-11-20,29.4552,29.5696,29.3497,29.3831, ADP,2006-11-21,29.3161,29.3891,29.177,29.2777, ADP,2006-11-22,29.2638,29.5903,29.2451,29.4679, ADP,2006-11-24,29.2589,29.5843,29.184,29.3831, ADP,2006-11-27,29.2974,29.2974,28.7106,28.8596, ADP,2006-11-28,28.754,29.2214,28.7224,29.1633, ADP,2006-11-29,29.1505,29.1505,28.8664,28.9443, ADP,2006-11-30,28.9078,29.0705,28.6948,28.7027, ADP,2006-12-01,28.7668,28.8112,28.3309,28.4818, ADP,2006-12-04,28.5637,28.9562,28.5637,28.8112, ADP,2006-12-05,28.8457,28.8596,28.4818,28.5932, ADP,2006-12-06,28.4414,28.5567,28.2786,28.4167, ADP,2006-12-07,28.4167,28.6593,28.3033,28.5567, ADP,2006-12-08,28.5005,28.6278,28.4473,28.5281, ADP,2006-12-11,28.6327,28.8112,28.6327,28.7106, ADP,2006-12-12,28.7106,28.8664,28.5932,28.6732, ADP,2006-12-13,28.7965,28.9966,28.7728,28.8457, ADP,2006-12-14,28.8881,29.2974,28.8249,29.1702, ADP,2006-12-15,29.4492,29.6229,29.2451,29.5331, ADP,2006-12-18,29.4424,29.5903,29.3536,29.4078, ADP,2006-12-19,29.1702,29.4325,28.9966,29.3023, ADP,2006-12-20,29.184,29.5282,29.184,29.3941, ADP,2006-12-21,29.3941,29.5134,29.2451,29.3615, ADP,2006-12-22,29.3368,29.4424,29.1563,29.1633, ADP,2006-12-26,29.0972,29.4078,29.0972,29.3615, ADP,2006-12-27,29.4552,29.5282,29.3102,29.3536, ADP,2006-12-28,29.2826,29.4679,29.2214,29.3023, ADP,2006-12-29,29.2037,29.4078,29.177,29.3023, ADP,2007-01-03,28.9769,29.322,28.6732,28.8042, ADP,2007-01-04,28.7401,29.1563,28.7401,29.0972, ADP,2007-01-05,29.0972,29.1366,28.9325,29.0113, ADP,2007-01-08,28.9255,29.1366,28.8329,29.033,Slowing to a Crawl Payout hikes slow. ADP,2007-01-09,29.0046,29.2037,28.7224,28.9187, ADP,2007-01-10,28.894,28.9255,28.6445,28.7598, ADP,2007-01-11,28.7401,28.9709,28.6534,28.7835, ADP,2007-01-12,28.7905,29.0705,28.7598,28.9769, ADP,2007-01-16,28.8664,28.9394,28.7598,28.9187, ADP,2007-01-17,28.9562,29.1563,28.9187,29.1505, ADP,2007-01-18,29.1268,29.1563,28.6672,28.6948, ADP,2007-01-19,28.7274,28.7401,28.469,28.5074, ADP,2007-01-22,28.5567,28.5932,28.1129,28.1583, ADP,2007-01-23,28.1583,28.3634,28.1198,28.2066, ADP,2007-01-24,28.2412,28.4631,28.2066,28.4167, ADP,2007-01-25,28.3033,28.4167,28.1455,28.249, ADP,2007-01-26,28.2293,28.2648,28.0351,28.0429, ADP,2007-01-29,27.9985,28.2412,27.9748,28.1395, ADP,2007-01-30,28.1395,28.2412,27.8773,28.1829, ADP,2007-01-31,28.1051,28.4285,27.9748,28.394, ADP,2007-02-01,28.7401,28.9522,28.6534,28.8596, ADP,2007-02-02,28.8596,29.177,28.8249,29.1563, ADP,2007-02-05,29.039,29.2718,28.9325,29.2214, ADP,2007-02-06,29.4246,29.6149,28.7184,29.039, ADP,2007-02-07,29.0834,29.2037,28.8733,29.0046, ADP,2007-02-08,28.901,29.1702,28.901,29.1366, ADP,2007-02-09,29.1307,29.2974,28.9443,29.047, ADP,2007-02-12,29.1702,29.3023,29.033,29.19, ADP,2007-02-13,29.4168,30.0341,29.3831,29.9858, ADP,2007-02-14,29.9571,30.5055,29.9454,30.4719, ADP,2007-02-15,30.4108,30.4966,30.2225,30.3359, ADP,2007-02-16,30.1781,30.3803,30.1169,30.327, ADP,2007-02-20,30.2293,30.3723,30.0578,30.1672, ADP,2007-02-21,30.0193,30.2501,29.9778,30.2293, ADP,2007-02-22,30.1968,30.3664,29.9571,30.2915, ADP,2007-02-23,30.2166,30.4897,30.1111,30.4591,"CORRECT: Microsoft slips; H&R Block rises after results SAN FRANCISCO (MarketWatch) -- Software providers were in focus Thursday evening, with Microsoft Corp. slightly lower after it was ordered to pay a $1.52 billion judgment in an MP3 patent case, while Intuit Inc. slipped after its quarterly profit fell." ADP,2007-02-26,30.4364,30.6416,30.327,30.5016, ADP,2007-02-27,30.1732,30.3496,29.4009,29.6722, ADP,2007-02-28,29.679,29.9778,29.3368,29.6032, ADP,2007-03-01,29.3023,29.609,29.0657,29.609, ADP,2007-03-02,29.609,29.609,28.9641,28.9641, ADP,2007-03-05,28.5637,29.0912,28.4414,28.8399, ADP,2007-03-06,28.9886,29.1179,28.7835,29.039, ADP,2007-03-07,28.7786,29.0046,28.614,28.6534, ADP,2007-03-08,28.894,29.039,28.7835,28.9255, ADP,2007-03-09,29.039,29.0834,28.7184,29.0183, ADP,2007-03-12,28.894,29.3694,28.894,29.2097, ADP,2007-03-13,29.1119,29.177,28.6278,28.6869, ADP,2007-03-14,28.6071,28.8042,28.2964,28.754, ADP,2007-03-15,28.7027,28.9886,28.679,28.8249, ADP,2007-03-16,28.9443,28.9443,28.5734,28.6386, ADP,2007-03-19,28.679,28.9187,28.6278,28.7106, ADP,2007-03-20,28.7401,28.8596,28.679,28.8329, ADP,2007-03-21,29.2718,30.2116,29.1563,30.0706, ADP,2007-03-22,29.1505,30.2225,29.1505,30.2166, ADP,2007-03-23,30.1732,30.2757,29.9384,30.2028, ADP,2007-03-26,30.1525,30.1525,29.6327,29.8664, ADP,2007-03-27,29.7639,29.8161,29.3536,29.3615, ADP,2007-03-28,29.3368,29.3368,29.039,29.1179, ADP,2007-03-29,29.3615,29.3694,28.9641,29.033, ADP,2007-03-30,29.1268,29.1366,28.5005,28.7965, ADP,2007-04-02,29.2145,30.6465,29.0834,30.1909, ADP,2007-04-03,30.4108,30.9197,30.258,30.5183, ADP,2007-04-04,29.971,30.4591,29.9454,30.2028,"U.S. stock futures slips on concerns over job growth LONDON (MarketWatch) -- U.S. stock-market futures slipped on Wednesday, pulling back from sharp gains in the previous session, as concerns over weaker-than-expected growth in the job market, as well as disappointing results from Circuit City and employment services company Monster Worldwide, offset improved results from consumer electronics giant Best Buy." ADP,2007-04-05,30.0706,30.4591,30.0193,30.1318, ADP,2007-04-09,30.0765,30.0765,29.4078,29.5213, ADP,2007-04-10,29.5459,29.7697,29.4492,29.6327, ADP,2007-04-11,29.539,29.6446,29.0764,29.1366, ADP,2007-04-12,29.4749,29.8161,29.2451,29.7816, ADP,2007-04-13,29.7816,29.8103,29.4078,29.6278, ADP,2007-04-16,29.687,29.9641,29.5331,29.5775, ADP,2007-04-17,29.5459,29.757,29.4168,29.5548, ADP,2007-04-18,29.4887,29.8743,29.4818,29.7816, ADP,2007-04-19,29.7816,29.7816,29.4009,29.4168, ADP,2007-04-20,29.8664,29.895,29.4679,29.6515,Tech Stocks: Buy Them For The Yield ADP,2007-04-23,29.6446,29.8103,29.4887,29.5006, ADP,2007-04-24,29.679,29.7816,29.5696,29.6446, ADP,2007-04-25,29.5548,29.9247,29.5548,29.757, ADP,2007-04-26,29.7007,29.8536,29.4621,29.4818, ADP,2007-04-27,29.4818,30.0657,29.3941,29.9247, ADP,2007-04-30,30.0765,30.2225,29.6278,29.6515,"Stocks in focus for Tuesday SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trading in Tuesday's session are Archer Daniels Midland Co., Procter & Gamble Co., and Circuit City Stores Inc." ADP,2007-05-01,30.2432,30.8931,29.9995,30.8813, ADP,2007-05-02,30.8596,31.034,30.6416,30.685, ADP,2007-05-03,30.7204,30.8931,30.6535,30.7738, ADP,2007-05-04,30.8122,30.8881,30.7204,30.8062, ADP,2007-05-07,30.8062,30.9799,30.8062,30.8329, ADP,2007-05-08,30.6929,31.3981,30.6929,31.325, ADP,2007-05-09,31.189,32.2728,31.181,32.1919, ADP,2007-05-10,31.9286,32.0282,31.5381,31.5825, ADP,2007-05-11,31.8123,31.907,31.6357,31.8813, ADP,2007-05-14,31.7679,31.8684,31.4691,31.5528, ADP,2007-05-15,31.5666,31.8744,31.4405,31.5381, ADP,2007-05-16,31.6062,31.8871,31.5381,31.8871, ADP,2007-05-17,32.7945,32.7945,31.8477,31.899, ADP,2007-05-18,31.9917,32.2649,31.907,32.2205, ADP,2007-05-21,32.1396,32.6702,32.1328,32.403, ADP,2007-05-22,32.403,32.6081,32.1662,32.5163, ADP,2007-05-23,32.4691,32.5036,32.1594,32.2235, ADP,2007-05-24,32.1179,32.5874,32.0736,32.2797, ADP,2007-05-25,32.3299,32.6298,32.2965,32.6151, ADP,2007-05-29,32.5223,32.8546,32.403,32.5036, ADP,2007-05-30,32.3053,32.7294,32.3053,32.6229, ADP,2007-05-31,32.5737,33.0539,32.5283,32.9276, ADP,2007-06-01,32.9276,33.258,32.8901,32.9869,"On Demand Software in Demand The rise of software as a service is fundamentally changing the rules of software and ushering in a new era of asymmetric warfare that is poised to break the traditional rules of the game, says Credit Suisse." ADP,2007-06-04,32.7738,33.326,32.7738,33.1988, ADP,2007-06-05,33.0076,33.0933,32.7591,32.7818, ADP,2007-06-06,32.7354,32.8971,32.4444,32.8606, ADP,2007-06-07,32.6229,32.7294,31.9788,32.0282, ADP,2007-06-08,32.1041,32.1989,31.8201,32.0736, ADP,2007-06-11,32.0075,32.3753,31.8201,32.2205, ADP,2007-06-12,32.0607,32.2649,31.7984,31.8349, ADP,2007-06-13,31.8477,32.6151,31.7984,32.543, ADP,2007-06-14,32.536,32.6081,32.3695,32.4099, ADP,2007-06-15,32.6377,32.8606,32.5283,32.5667, ADP,2007-06-18,32.5667,32.6031,32.3695,32.3753, ADP,2007-06-19,32.2057,32.4503,32.1041,32.396, ADP,2007-06-20,32.4099,32.4572,32.0282,32.0667, ADP,2007-06-21,32.1594,32.4177,31.9631,32.3586, ADP,2007-06-22,32.1662,32.3695,31.9917,32.0667, ADP,2007-06-25,31.9345,32.3172,31.7106,31.8871,A Show of Force? Salesforce.com may have made a miscalculation by stepping on the feet of software-leader Oracle. The giant is getting set to counterattack. ADP,2007-06-26,31.9788,32.1445,31.7984,31.8477, ADP,2007-06-27,31.7166,32.1328,31.5992,32.0351, ADP,2007-06-28,31.9345,32.4247,31.7984,32.0736, ADP,2007-06-29,32.0607,32.5036,31.9286,32.1121, ADP,2007-07-02,32.3172,32.4976,32.0814,32.2836, ADP,2007-07-03,32.3646,32.5223,32.3646,32.3813,"Tax-managed funds outperform non-deductible IRAs, study shows SAN FRANCISCO (MarketWatch) -- Careful use of tax-managed funds can produce up to 9% better long-term returns for retirement than tradition tax-deferred investing, a new study shows." ADP,2007-07-05,32.3449,32.5223,32.2649,32.3516, ADP,2007-07-06,32.2836,32.5874,32.2235,32.4177, ADP,2007-07-09,32.3813,32.4976,32.2442,32.4099, ADP,2007-07-10,32.1328,32.2649,31.7225,31.7817, ADP,2007-07-11,31.7106,31.972,31.6742,31.9207, ADP,2007-07-12,31.9631,32.1248,31.9207,32.0972, ADP,2007-07-13,32.1594,32.5667,32.0607,32.4503, ADP,2007-07-16,32.3892,32.7137,32.2797,32.549, ADP,2007-07-17,32.4691,32.536,32.3053,32.4572, ADP,2007-07-18,32.2205,32.3586,31.5775,31.907, ADP,2007-07-19,32.1041,32.3516,31.9454,32.2649, ADP,2007-07-20,32.257,32.3449,31.7166,31.7679, ADP,2007-07-23,31.9207,32.1121,31.7916,31.8813, ADP,2007-07-24,31.3704,31.7984,31.2353,31.2885, ADP,2007-07-25,31.2965,31.612,30.9128,31.0637, ADP,2007-07-26,30.7501,30.8062,30.402,30.539, ADP,2007-07-27,30.4838,30.5824,30.1031,30.1111, ADP,2007-07-30,30.3053,30.539,29.8881,30.5183, ADP,2007-07-31,30.5547,31.4275,30.4779,30.758, ADP,2007-08-01,30.2028,31.2748,30.1849,31.1456, ADP,2007-08-02,31.1308,31.5873,31.034,31.4729, ADP,2007-08-03,31.3704,31.7916,31.2816,31.5095, ADP,2007-08-06,31.04,31.8616,30.9936,31.828, ADP,2007-08-07,31.7047,32.2965,31.612,32.0972, ADP,2007-08-08,31.5825,32.5558,31.5825,32.4839, ADP,2007-08-09,32.1328,32.4325,31.4799,31.5026, ADP,2007-08-10,31.3043,32.396,31.1386,32.0765, ADP,2007-08-13,32.257,32.4631,31.6189,32.1989, ADP,2007-08-14,32.1989,32.2235,31.6189,31.6466, ADP,2007-08-15,31.5992,31.9581,31.1386,31.2698, ADP,2007-08-16,31.1386,31.4691,30.3723,30.8881, ADP,2007-08-17,31.5716,31.5716,30.7501,31.1663, ADP,2007-08-20,31.1386,31.2748,30.7363,31.0292, ADP,2007-08-21,30.9068,31.1731,30.7815,30.9247, ADP,2007-08-22,31.0824,31.1663,30.7925,31.1111, ADP,2007-08-23,31.3112,31.4098,30.8192,31.0133, ADP,2007-08-24,30.9454,30.9719,30.6218,30.9068, ADP,2007-08-27,30.8122,31.2421,30.8122,30.8596, ADP,2007-08-28,30.7057,30.8743,30.4779,30.5016, ADP,2007-08-29,30.7057,30.7431,30.4779,30.6929, ADP,2007-08-30,30.4838,30.8457,29.9641,30.3496, ADP,2007-08-31,30.5754,30.6732,30.258,30.3053, ADP,2007-09-04,30.3201,30.6997,30.3132,30.4897, ADP,2007-09-05,30.3546,30.6357,30.2116,30.5547, ADP,2007-09-06,30.402,30.7431,30.3437,30.5824, ADP,2007-09-07,30.2757,30.4434,29.5548,29.6327, ADP,2007-09-10,29.6149,29.7126,29.4375,29.4375, ADP,2007-09-11,29.5775,29.679,29.3831,29.4946, ADP,2007-09-12,29.3615,29.6722,29.2826,29.5775, ADP,2007-09-13,29.6663,29.7274,29.3102,29.3941, ADP,2007-09-14,29.2451,29.5282,29.0912,29.4621, ADP,2007-09-17,29.322,29.4246,29.2097,29.3831, ADP,2007-09-18,29.4492,29.901,29.3161,29.8664, ADP,2007-09-19,30.2639,30.8329,30.2166,30.6288, ADP,2007-09-20,30.547,30.7431,30.4779,30.5754, ADP,2007-09-21,30.7925,30.7925,30.539,30.7057, ADP,2007-09-24,30.5331,30.758,30.3803,30.4108, ADP,2007-09-25,30.3053,30.9454,30.2698,30.7738, ADP,2007-09-26,30.9375,31.1534,30.7618,30.8743, ADP,2007-09-27,30.8192,30.9936,30.2757,30.5016, ADP,2007-09-28,30.4364,30.6603,30.2915,30.4296, ADP,2007-10-01,30.4177,31.0213,30.4108,31.0213, ADP,2007-10-02,31.0568,31.1939,30.8192,31.181, ADP,2007-10-03,31.0213,31.4729,30.9719,31.3981, ADP,2007-10-04,31.402,31.5469,31.3112,31.3981, ADP,2007-10-05,31.5242,31.9148,31.5242,31.7817, ADP,2007-10-08,31.7166,31.8418,31.4878,31.7984, ADP,2007-10-09,31.7984,32.0351,31.7166,31.9996, ADP,2007-10-10,31.9286,32.0529,31.7284,31.9345, ADP,2007-10-11,31.9996,32.1248,31.5381,31.7353, ADP,2007-10-12,31.8418,32.1121,31.6603,31.9631, ADP,2007-10-15,31.8043,32.0282,31.5381,31.7501, ADP,2007-10-16,31.755,31.8871,31.5923,31.6189, ADP,2007-10-17,31.7817,31.7817,31.4691,31.5992, ADP,2007-10-18,31.5716,31.9848,31.5312,31.9345, ADP,2007-10-19,31.7984,31.899,31.4691,31.4799, ADP,2007-10-22,31.181,31.4552,31.1041,31.3595, ADP,2007-10-23,31.4691,31.4691,30.9247,31.3527, ADP,2007-10-24,31.2541,31.3704,30.6189,31.045, ADP,2007-10-25,31.2127,31.2885,30.6416,30.8192, ADP,2007-10-26,30.9128,31.0076,30.7204,30.8536, ADP,2007-10-29,30.9936,31.4691,30.9592,31.2541, ADP,2007-10-30,32.2126,32.8971,31.7501,32.2294, ADP,2007-10-31,32.3813,33.0006,32.3241,32.8349, ADP,2007-11-01,32.6151,32.6515,31.7353,31.7916, ADP,2007-11-02,31.8616,32.4177,31.7856,32.2442, ADP,2007-11-05,32.2491,32.7591,31.9286,32.6151, ADP,2007-11-06,32.5874,32.8349,32.3299,32.8349, ADP,2007-11-07,32.6298,32.7818,32.1328,32.1722, ADP,2007-11-08,32.1989,32.2649,31.3112,31.5164, ADP,2007-11-09,31.2421,31.4227,30.9592,30.9592, ADP,2007-11-12,30.826,31.3704,30.826,30.8881, ADP,2007-11-13,31.0824,31.2421,30.7875,31.2421, ADP,2007-11-14,31.4335,31.76,30.9869,31.4168, ADP,2007-11-15,31.3595,31.5666,30.9454,31.0637, ADP,2007-11-16,31.3527,31.3635,30.8122,31.2421, ADP,2007-11-19,30.9869,31.1308,30.4296,30.5183, ADP,2007-11-20,30.6357,30.8743,30.1909,30.5016, ADP,2007-11-21,30.3132,30.4108,29.8457,29.9315, ADP,2007-11-23,30.0706,30.3723,30.0508,30.2974, ADP,2007-11-26,30.3546,30.4434,29.757,29.7697, ADP,2007-11-27,30.0282,30.0282,29.5213,29.8536, ADP,2007-11-28,29.8536,30.258,29.8388,30.2116, ADP,2007-11-29,30.0834,30.327,30.0065,30.0578, ADP,2007-11-30,30.0657,30.1593,29.7126,29.8536,"Goldman Turns Wary On Tech Sector; Cuts Estimates, Targets For Dozens Of Stocks" ADP,2007-12-03,29.8103,30.2698,29.6663,29.9641, ADP,2007-12-04,29.7274,30.1031,29.6583,29.7697, ADP,2007-12-05,29.9858,30.4838,29.9858,30.2028, ADP,2007-12-06,30.1909,30.3664,30.0657,30.3664, ADP,2007-12-07,30.3616,30.4966,30.1248,30.1781, ADP,2007-12-10,30.3132,30.9375,30.2757,30.8536, ADP,2007-12-11,30.8399,30.9532,30.1248,30.1593, ADP,2007-12-12,30.5687,30.7284,29.9247,30.2363, ADP,2007-12-13,30.0341,30.4651,29.9995,30.402, ADP,2007-12-14,30.0193,30.258,29.6327,29.7757, ADP,2007-12-17,29.7007,29.7816,29.3161,29.3161, ADP,2007-12-18,29.4679,29.7007,29.3299,29.6032, ADP,2007-12-19,29.6663,29.901,29.3694,29.5972, ADP,2007-12-20,29.757,29.8743,29.3831,29.4749, ADP,2007-12-21,29.6229,29.8536,29.6229,29.7924, ADP,2007-12-24,29.9207,30.4779,29.895,30.327, ADP,2007-12-26,30.2028,30.2028,29.8743,30.0706, ADP,2007-12-27,29.9917,30.0449,29.4887,29.5075, ADP,2007-12-28,29.4887,29.8103,29.4424,29.6229, ADP,2007-12-31,29.4887,29.6278,29.3497,29.5006, ADP,2008-01-02,29.4818,29.5903,28.5734,28.6327, ADP,2008-01-03,28.7786,28.7786,28.2066,28.4227, ADP,2008-01-04,28.1336,28.1652,27.0093,27.1613, ADP,2008-01-07,27.2825,27.9541,27.1356,27.755, ADP,2008-01-08,27.9473,28.0074,27.4138,27.4986, ADP,2008-01-09,27.4611,27.7421,27.2638,27.5469, ADP,2008-01-10,27.2895,27.9127,27.2501,27.7126, ADP,2008-01-11,27.5123,27.5409,27.029,27.2144, ADP,2008-01-14,27.3831,27.3831,26.534,26.6336, ADP,2008-01-15,26.4404,26.8703,26.4404,26.5647, ADP,2008-01-16,26.4995,26.7391,26.2825,26.4009, ADP,2008-01-17,26.4077,26.5874,26.0114,26.0636, ADP,2008-01-18,26.1938,26.5705,25.9225,26.2046, ADP,2008-01-22,25.182,26.1139,25.175,25.8762, ADP,2008-01-23,25.175,26.1632,25.0073,26.1553, ADP,2008-01-24,26.1632,26.1632,25.4355,25.678, ADP,2008-01-25,25.89,25.9906,25.5597,25.672, ADP,2008-01-28,25.7589,26.1938,25.601,26.177, ADP,2008-01-29,26.2885,26.3289,26.0468,26.1849, ADP,2008-01-30,26.2303,26.4995,26.0192,26.1356, ADP,2008-01-31,25.964,27.0922,25.7046,26.6849,"Stocks in focus for Friday SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Friday's session are Chevron, Exxon Mobil, Gannett, and Estee Lauder." ADP,2008-02-01,26.9591,26.9591,25.8762,26.4818,"Friday's biggest gaining and declining stocks Among the companies whose shares are trading actively in Friday's session are Affiliated Computer, Beazer Homes, H&R Block, Chevron, CSK Auto, Dolby, Electronic Arts, Exxon Mobil, Estee Lauder, MBIA, MeadWestvaco, Monster, Motorola, Reddy Ice, VeriSign and Yahoo." ADP,2008-02-04,26.4009,26.4995,26.2342,26.3289, ADP,2008-02-05,25.9177,26.0389,25.538,25.5962, ADP,2008-02-06,25.7717,25.7717,25.0764,25.1178, ADP,2008-02-07,25.0153,25.4571,25.0015,25.3052, ADP,2008-02-08,25.2124,25.2321,25.0153,25.1099, ADP,2008-02-11,25.0487,25.601,25.0487,25.4749, ADP,2008-02-12,25.5823,26.2116,25.5823,26.0468, ADP,2008-02-13,26.1938,26.463,26.1011,26.389, ADP,2008-02-14,26.3614,26.3763,26.1286,26.2539, ADP,2008-02-15,26.246,26.4265,26.1079,26.3289, ADP,2008-02-19,26.4818,26.5143,26.1286,26.1938, ADP,2008-02-20,26.0192,26.7845,25.9177,26.6543, ADP,2008-02-21,26.6919,26.9522,26.4995,26.534, ADP,2008-02-22,26.6622,27.0036,26.4768,26.9699, ADP,2008-02-25,27.029,27.1613,26.819,27.1297, ADP,2008-02-26,26.5143,27.322,26.5143,27.0093, ADP,2008-02-27,26.8388,27.2144,26.8388,27.037, ADP,2008-02-28,26.9591,26.9591,26.6128,26.6919, ADP,2008-02-29,26.4995,26.5705,26.3062,26.4709, ADP,2008-03-03,26.4344,26.6987,26.4344,26.6465, ADP,2008-03-04,26.4709,26.7668,26.3407,26.6849, ADP,2008-03-05,26.5577,26.9245,26.3358,26.6336,"A different way to track jobs shows 77,000 jobs lost in February Employment reports tend to give markets indigestion – particularly when they find themselves with conflicting data from the government and the private sector." ADP,2008-03-06,26.5705,26.8576,26.4818,26.5931, ADP,2008-03-07,26.4187,26.4995,25.8525,25.9758, ADP,2008-03-10,25.8397,26.1849,25.8397,25.9758, ADP,2008-03-11,26.2609,26.5577,26.0261,26.5074, ADP,2008-03-12,26.3062,26.7391,26.2402,26.54, ADP,2008-03-13,26.2766,26.68,26.0114,26.4265, ADP,2008-03-14,26.5647,26.6672,25.9285,26.0814, ADP,2008-03-17,25.5173,26.0755,25.5173,25.6907, ADP,2008-03-18,26.0341,26.7244,25.9285,26.7116, ADP,2008-03-19,26.7925,27.1613,26.6741,26.6849, ADP,2008-03-20,26.7184,27.175,26.6543,27.1297, ADP,2008-03-24,27.2304,27.7609,26.8319,27.6712, ADP,2008-03-25,27.6573,28.1771,27.6573,28.1129, ADP,2008-03-26,27.9127,28.3693,27.824,28.0844, ADP,2008-03-27,28.0981,28.2569,27.6919,27.8181, ADP,2008-03-28,27.9473,27.9877,27.6504,27.6859, ADP,2008-03-31,27.6219,28.2293,27.6219,28.0844, ADP,2008-04-01,28.2066,28.754,28.1583,28.754, ADP,2008-04-02,28.7274,29.322,28.7274,29.0253, ADP,2008-04-03,28.7905,28.9769,28.6386,28.7274, ADP,2008-04-04,28.6534,29.184,28.6327,29.0764, ADP,2008-04-07,29.2826,29.2826,28.5991,28.7027, ADP,2008-04-08,28.5567,28.7027,28.4227,28.543, ADP,2008-04-09,28.5005,28.614,28.2066,28.387, ADP,2008-04-10,28.3379,28.5498,28.1198,28.3743, ADP,2008-04-11,28.0686,28.2205,27.7737,27.8131, ADP,2008-04-14,27.7609,28.0202,27.7421,27.8634, ADP,2008-04-15,28.0508,28.0912,27.8131,28.0271, ADP,2008-04-16,28.322,28.7184,28.1889,28.6948, ADP,2008-04-17,28.7184,28.8733,28.5932,28.7728, ADP,2008-04-18,29.0657,29.1179,28.3092,29.033, ADP,2008-04-21,28.8881,28.9886,28.7333,28.9325, ADP,2008-04-22,28.7598,28.8399,28.4887,28.7184, ADP,2008-04-23,28.7598,29.0972,28.5874,28.8457, ADP,2008-04-24,28.9148,29.2826,28.7728,29.1505, ADP,2008-04-25,29.2294,29.2372,28.8803,29.2037, ADP,2008-04-28,29.1436,29.3161,28.9966,29.0183, ADP,2008-04-29,29.039,29.1268,28.8733,28.9255, ADP,2008-04-30,28.9255,29.7639,28.3506,29.2826,"Stocks in focus for Thursday SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Thursday's session are Exxon Mobil, Sun Microsystems, MetLife, and Comcast." ADP,2008-05-01,29.1563,29.9641,29.0253,29.9503, ADP,2008-05-02,29.4325,29.5696,28.3033,28.5498,"Friday's biggest gaining and declining stocks Among the companies whose shares are expected to see active trade in Friday’s session are Chevron, Viacom and Nortel." ADP,2008-05-05,28.4167,28.8399,28.4167,28.7728, ADP,2008-05-06,28.5074,28.9394,28.3693,28.8249, ADP,2008-05-07,28.7401,29.0183,28.679,28.7184, ADP,2008-05-08,28.7274,28.7401,28.249,28.387, ADP,2008-05-09,28.2412,28.6732,28.0912,28.5567, ADP,2008-05-12,28.4227,29.0834,28.4078,29.0046, ADP,2008-05-13,29.0046,29.1436,28.8042,28.9829, ADP,2008-05-14,29.0183,29.4749,28.9829,29.2294, ADP,2008-05-15,29.1505,29.4078,28.9522,29.3536, ADP,2008-05-16,29.2895,29.322,28.9255,29.0657, ADP,2008-05-19,29.0183,29.1633,28.8596,28.9394, ADP,2008-05-20,28.7786,29.033,28.6672,28.8042, ADP,2008-05-21,28.894,28.9966,28.3379,28.3793, ADP,2008-05-22,28.3693,28.4631,28.0202,28.1652, ADP,2008-05-23,28.0844,28.0844,27.6149,27.6987, ADP,2008-05-27,27.6573,28.1889,27.6573,28.1129, ADP,2008-05-28,28.1336,28.3793,27.968,28.1583, ADP,2008-05-29,28.1722,28.6593,28.1515,28.4769, ADP,2008-05-30,28.5005,28.7401,28.3576,28.5203, ADP,2008-06-02,28.4227,28.7481,28.1051,28.322, ADP,2008-06-03,28.3743,28.8112,28.3379,28.5567, ADP,2008-06-04,28.5203,28.8881,28.4887,28.7728, ADP,2008-06-05,28.894,29.2638,28.7965,29.2214, ADP,2008-06-06,29.039,29.039,28.0686,28.0844,"Crude Bulge Stirs Energy, Jobless Data Hits Payroll Names, Standing On Iron Man's Cape" ADP,2008-06-09,28.6445,28.6445,28.1258,28.4887, ADP,2008-06-10,28.1771,28.7786,28.1771,28.5734, ADP,2008-06-11,28.5153,28.5153,27.9394,27.9946, ADP,2008-06-12,27.9985,28.5677,27.9985,28.2205, ADP,2008-06-13,28.3092,28.8733,28.3092,28.5814, ADP,2008-06-16,28.4167,28.7333,28.2569,28.6386, ADP,2008-06-17,28.6869,28.8457,28.4227,28.4227, ADP,2008-06-18,28.2648,28.387,28.0587,28.1258, ADP,2008-06-19,28.0587,28.5991,27.9611,28.4364, ADP,2008-06-20,28.2066,28.3793,28.0202,28.2205, ADP,2008-06-23,28.1336,28.3506,28.0202,28.0981, ADP,2008-06-24,27.8634,28.1583,27.7126,27.8704, ADP,2008-06-25,27.7609,28.4078,27.7609,28.1336, ADP,2008-06-26,27.7737,28.0686,27.6919,27.7421, ADP,2008-06-27,27.7126,27.749,27.3289,27.5883, ADP,2008-06-30,27.5814,28.0765,27.3674,27.7609, ADP,2008-07-01,27.3979,28.3309,27.3979,28.2412, ADP,2008-07-02,28.2895,28.5734,27.824,27.8911, ADP,2008-07-03,28.0508,28.2648,27.8003,27.8773, ADP,2008-07-07,27.9394,28.2362,27.6022,27.899, ADP,2008-07-08,27.9187,28.2648,27.6987,28.2569, ADP,2008-07-09,28.2569,28.4887,27.7796,27.7796, ADP,2008-07-10,27.7796,27.9246,27.4838,27.8506, ADP,2008-07-11,27.534,27.8841,27.1416,27.4769, ADP,2008-07-14,27.749,27.8704,27.0163,27.1297, ADP,2008-07-15,26.9846,27.4838,26.6741,27.2037, ADP,2008-07-16,27.2501,27.749,26.9946,27.7273, ADP,2008-07-17,27.7796,28.2412,27.4986,28.0912, ADP,2008-07-18,28.1722,28.2895,27.8773,28.2205, ADP,2008-07-21,28.1198,28.2293,27.7343,28.2205, ADP,2008-07-22,28.1722,28.6198,28.0508,28.6198, ADP,2008-07-23,28.6593,28.7184,28.0981,28.2569, ADP,2008-07-24,27.6919,27.7796,27.2895,27.3674, ADP,2008-07-25,27.6219,27.6219,27.1297,27.2224, ADP,2008-07-28,27.0507,27.1613,26.751,26.7718, ADP,2008-07-29,26.7391,27.0233,26.68,26.8644, ADP,2008-07-30,27.0163,27.6919,26.9384,27.5409, ADP,2008-07-31,27.9315,28.5874,27.824,28.2964,"Thursday's biggest gaining and declining stocks Among those stocks seeing significant movement in Thursday trading are Altria, ADP, CBS, Walt Disney, Exxon Mobil, LKQ, Marathon Oil, Motorola, Nymex, Prudential, Starbucks, Symantec, Tyco International and Visa." ADP,2008-08-01,28.4364,28.6071,27.9127,28.4542, ADP,2008-08-04,28.4818,28.9255,28.3506,28.7728, ADP,2008-08-05,28.9443,29.3417,28.7274,29.3161, ADP,2008-08-06,29.1505,29.4552,28.8596,29.4492, ADP,2008-08-07,29.1563,29.3161,28.7224,28.9769, ADP,2008-08-08,28.9522,29.83,28.9148,29.8161, ADP,2008-08-11,29.6149,30.2293,29.5696,30.0706, ADP,2008-08-12,29.9858,30.1248,29.7886,29.9454, ADP,2008-08-13,29.8043,30.0065,29.5213,29.8103, ADP,2008-08-14,29.6446,30.1465,29.5459,30.04, ADP,2008-08-15,30.1031,30.3616,29.8388,30.2836, ADP,2008-08-18,30.2293,30.3723,29.8881,30.0193, ADP,2008-08-19,28.8249,29.5696,28.8182,29.2718, ADP,2008-08-20,29.4168,29.6327,29.0912,29.2826, ADP,2008-08-21,29.0705,29.679,28.9325,29.6278, ADP,2008-08-22,29.7924,30.0282,29.6149,29.901, ADP,2008-08-25,29.679,29.757,29.1563,29.2145, ADP,2008-08-26,29.2294,29.4246,29.0046,29.3023, ADP,2008-08-27,29.3831,29.7639,29.2451,29.6722, ADP,2008-08-28,29.6722,29.8103,29.5775,29.7697, ADP,2008-08-29,29.5903,29.7353,29.3497,29.4009, ADP,2008-09-02,29.7639,30.1968,29.757,29.901,"Heed the cycle or follow the trend? The stock market has its own lexicon, which could sound like a foreign language to the untrained ear." ADP,2008-09-03,29.9571,30.3872,29.7924,30.3132, ADP,2008-09-04,30.2363,30.4364,29.4424,29.4818, ADP,2008-09-05,29.2895,29.3368,28.8526,29.2589, ADP,2008-09-08,29.687,30.3664,29.6583,30.3664, ADP,2008-09-09,30.3546,30.4591,29.687,29.7274, ADP,2008-09-10,29.9641,29.9641,29.2638,29.539, ADP,2008-09-11,29.539,29.9384,28.9187,29.901, ADP,2008-09-12,29.6327,30.0508,29.5696,29.9917, ADP,2008-09-15,29.4887,30.1396,29.2895,29.3417, ADP,2008-09-16,29.0537,29.6446,28.4473,29.4375, ADP,2008-09-17,29.0764,29.19,28.0627,28.0912, ADP,2008-09-18,28.5498,29.3831,27.6022,28.8526, ADP,2008-09-19,29.6327,30.3132,29.0972,29.5617, ADP,2008-09-22,29.4424,29.4946,28.3152,28.5153, ADP,2008-09-23,28.536,28.894,28.0765,28.0912, ADP,2008-09-24,28.1455,28.3793,27.8427,28.1829, ADP,2008-09-25,28.3793,28.8329,28.1652,28.5677, ADP,2008-09-26,28.2648,29.039,28.2016,28.9709, ADP,2008-09-29,28.5932,28.7835,27.2077,27.5952, ADP,2008-09-30,27.8911,28.3634,27.5626,28.322, ADP,2008-10-01,28.0686,28.4414,27.749,27.9127,"ADP index shows 8,000 jobs lost in September Employment dropped by 8,000 in the private sector of the U.S. economy in September, according to the ADP employment index." ADP,2008-10-02,27.6919,27.8181,27.1613,27.1613, ADP,2008-10-03,27.4838,28.2895,27.3032,27.3477, ADP,2008-10-06,26.8576,27.1613,25.0804,25.5054,"Like Money in the Bank Barron's looks at big U.S. companies with little debt, decent earnings, healthy profits and good cash flow. (Oct. 6)" ADP,2008-10-07,25.7855,26.0261,24.8358,24.9324, ADP,2008-10-08,24.4137,25.3703,24.2155,24.8556, ADP,2008-10-09,25.175,25.5054,23.0557,23.0557, ADP,2008-10-10,22.8752,23.4225,21.3289,22.2006, ADP,2008-10-13,22.7648,23.3939,22.2056,23.0557, ADP,2008-10-14,24.0321,24.0409,22.9157,23.4856, ADP,2008-10-15,23.2144,23.2331,21.677,21.8515, ADP,2008-10-16,21.8644,22.3052,20.4264,22.101, ADP,2008-10-17,21.8515,22.8496,21.3524,22.3733, ADP,2008-10-20,22.6098,23.4719,22.3052,23.4402, ADP,2008-10-21,23.4166,23.4402,22.46,22.5862, ADP,2008-10-22,22.4067,22.4768,21.6089,21.8515, ADP,2008-10-23,21.8574,22.5991,21.3673,22.5379, ADP,2008-10-24,21.3811,22.2746,21.2016,21.6158, ADP,2008-10-27,21.2124,21.5912,20.5319,20.5576, ADP,2008-10-28,20.9758,21.386,20.5704,20.7095, ADP,2008-10-29,23.315,23.3535,21.9038,22.0478, ADP,2008-10-30,22.7046,23.0557,21.7331,21.815, ADP,2008-10-31,21.9561,23.4353,21.532,23.1563, ADP,2008-11-03,22.895,23.3535,21.9876,22.0408,"Stocks in focus for Tuesday Among the companies whose shares are expected to see active trade in Tuesday’s session are Archer Daniels Midland Co., Tenet Healthcare Corp., and Teradata Corp." ADP,2008-11-04,22.3613,24.1425,22.2006,24.0054,"[""MasterCard shares jump after report; Marvell up Yahoo Inc. and Google Inc. shares were mixed late Monday after the companies reportedly turned in revised some terms for their proposed advertising partnership to the U.S. Justice Department, and MasterCard Inc. shares charged nearly 9% higher after the credit-card issuer released quarterly results."", ""Tuesday's biggest gaining and declining stocks Among the companies whose shares are expected to see active trade in Tuesday\u2019s session are ADP, Con-Way, Guidance Software, Jacobs Engineering, Magna International, Marvel, Marvell, Mastercard, Mohawk, Nokia, Pitney Bowes, and UBS.""]" ADP,2008-11-05,23.7509,23.8841,23.176,23.176, ADP,2008-11-06,22.7046,23.2538,22.526,22.7381, ADP,2008-11-07,22.8555,23.7104,22.532,23.4719, ADP,2008-11-10,23.7993,24.2805,23.4166,23.5537, ADP,2008-11-11,23.4402,23.5043,22.6582,23.1829, ADP,2008-11-12,22.4324,23.176,22.3337,22.46, ADP,2008-11-13,22.5132,24.2391,21.8851,24.2352, ADP,2008-11-14,23.6859,24.5961,23.1228,23.2688, ADP,2008-11-17,22.9157,23.6583,22.7105,23.0744, ADP,2008-11-18,23.1642,23.679,22.526,23.3328, ADP,2008-11-19,23.5399,24.2677,22.5458,22.5991, ADP,2008-11-20,22.3733,22.9778,21.2016,21.2855, ADP,2008-11-21,21.2588,23.3732,20.9836,23.3535, ADP,2008-11-24,23.8644,24.9788,23.171,24.8229, ADP,2008-11-25,24.8623,25.2905,24.2155,24.8713, ADP,2008-11-26,24.5675,26.6622,24.1493,26.6218, ADP,2008-11-28,26.4344,27.3417,26.3358,27.2037, ADP,2008-12-01,26.3289,27.1416,24.9522,24.9826, ADP,2008-12-02,24.9639,25.9827,24.9394,25.4432, ADP,2008-12-03,25.4078,25.6573,24.5607,25.5458, ADP,2008-12-04,25.3407,25.7381,23.9225,24.1947, ADP,2008-12-05,23.9472,25.3239,23.3328,24.9038, ADP,2008-12-08,24.9639,25.6464,24.9038,25.5823, ADP,2008-12-09,25.1937,26.177,25.175,25.9177, ADP,2008-12-10,25.0439,25.746,24.7795,25.5054, ADP,2008-12-11,25.3781,25.8594,24.676,24.7263, ADP,2008-12-12,24.5814,25.392,24.388,25.3535, ADP,2008-12-15,25.3535,25.6346,24.6385,24.8229, ADP,2008-12-16,24.9719,25.17,24.1701,25.1248, ADP,2008-12-17,24.7962,25.1385,24.5064,24.676, ADP,2008-12-18,24.6612,25.0764,23.8505,24.2756, ADP,2008-12-19,24.4728,24.9956,24.2155,24.9117, ADP,2008-12-22,24.538,25.2688,24.4551,25.03, ADP,2008-12-23,25.3781,26.0872,24.8486,25.036, ADP,2008-12-24,25.1021,25.8397,24.9522,25.2905, ADP,2008-12-26,25.2548,25.6839,25.1099,25.2688, ADP,2008-12-29,25.2688,25.3851,24.9038,25.2254, ADP,2008-12-30,25.392,26.0044,25.3358,25.9225, ADP,2008-12-31,25.7381,26.1356,25.3584,26.0636, ADP,2009-01-02,26.246,26.8249,25.8121,26.7718, ADP,2009-01-05,26.6011,26.9305,26.2342,26.4995, ADP,2009-01-06,26.6622,27.1553,26.246,27.037, ADP,2009-01-07,26.5931,26.8576,26.395,26.5705,"[""Midday report from Marketwatch Radio Network The latest money news from Steve Potisk."", ""Money Markets and More for Thursday, January 8th A slumping job market means a slumping stock market, but a surprising number of people plan to brave this job market this year. And that old career - family life balance is on a lot of people's radar.""]" ADP,2009-01-08,26.4265,26.9068,26.2046,26.9068, ADP,2009-01-09,26.819,27.0036,25.5054,25.5823, ADP,2009-01-12,25.6217,25.8328,25.3358,25.5458, ADP,2009-01-13,25.5518,25.9225,25.4936,25.7855, ADP,2009-01-14,25.392,25.6149,25.0153,25.1385, ADP,2009-01-15,25.2321,26.0755,25.0015,25.9571, ADP,2009-01-16,26.3062,26.3062,25.5655,26.1139, ADP,2009-01-20,26.1079,26.4818,24.9038,24.9394, ADP,2009-01-21,24.9522,25.319,24.3466,24.8309, ADP,2009-01-22,24.3269,24.8229,24.1493,24.3328, ADP,2009-01-23,24.1493,24.7558,23.8505,24.5754, ADP,2009-01-26,24.4137,25.2254,24.3801,24.9394,"Three Tech Stocks That Pay Paychex, ADP, and Molex are technology-based companies that should continue to increase the size of their dividends." ADP,2009-01-27,24.2391,24.9177,23.9225,24.6148, ADP,2009-01-28,24.9245,25.5054,24.5814,24.816, ADP,2009-01-29,24.5754,25.1316,24.2884,24.3032, ADP,2009-01-30,24.3733,24.8092,24.0182,24.0695, ADP,2009-02-02,23.8841,24.531,23.6977,24.2756,"Stocks in focus for Tuesday Among the companies whose shares are expected to see active trade in Tuesday's session are Motorola, UPS, Yum Brands, Electronic Arts, and Disney." ADP,2009-02-03,25.8397,26.4818,25.5054,25.8644,"Tuesday's biggest gaining and declining stocks Among the companies making notable moves in Tuesday's stock market are Motorola, SanDisk, ADP, Rockwell Collins and Schering-Plough." ADP,2009-02-04,25.8053,25.89,25.0685,25.1513, ADP,2009-02-05,24.9117,25.7115,24.7795,25.678, ADP,2009-02-06,25.5103,26.2885,25.2017,26.2175, ADP,2009-02-09,25.9699,26.2609,25.8594,26.0044, ADP,2009-02-10,25.678,26.0044,24.886,24.8989, ADP,2009-02-11,24.9956,25.2628,24.7845,25.1513, ADP,2009-02-12,24.8416,25.3121,24.4137,25.0804, ADP,2009-02-13,25.0804,25.17,24.6238,24.6238, ADP,2009-02-17,24.6682,24.6682,23.9837,24.1701, ADP,2009-02-18,24.0695,24.5241,23.8841,24.4077, ADP,2009-02-19,24.4778,24.676,23.6256,23.6316, ADP,2009-02-20,23.8367,23.8781,23.2144,23.7638, ADP,2009-02-23,23.5942,23.9472,22.6582,22.6908, ADP,2009-02-24,22.6454,23.5192,22.5655,23.3871, ADP,2009-02-25,23.176,23.5043,22.7697,23.1296, ADP,2009-02-26,23.1877,23.2618,22.526,22.6454, ADP,2009-02-27,22.313,22.9936,22.175,22.6247, ADP,2009-03-02,22.4196,22.6454,21.8644,21.8851, ADP,2009-03-03,21.9225,22.4137,21.6533,21.9038, ADP,2009-03-04,21.9038,22.8259,21.7263,22.526, ADP,2009-03-05,22.0369,22.4905,21.5912,21.7331, ADP,2009-03-06,21.2194,22.1799,21.2194,22.0478, ADP,2009-03-09,21.9165,22.3613,21.7331,21.9935, ADP,2009-03-10,21.9561,22.9492,21.7943,22.9294, ADP,2009-03-11,23.1877,23.4719,22.5379,22.6986, ADP,2009-03-12,22.5862,23.3535,22.1543,23.2688, ADP,2009-03-13,23.824,23.824,22.8042,23.4285, ADP,2009-03-16,23.5192,23.8367,23.1079,23.4285, ADP,2009-03-17,23.4225,24.3466,23.1877,24.2677, ADP,2009-03-18,23.9708,24.7194,23.8505,24.5892, ADP,2009-03-19,24.6148,24.7263,24.1208,24.3269, ADP,2009-03-20,24.5814,24.75,23.7638,24.0478, ADP,2009-03-23,24.1839,24.8358,24.1839,24.7046, ADP,2009-03-24,24.5064,24.5113,24.0478,24.1356, ADP,2009-03-25,23.7164,24.0478,23.1829,23.602,Late surge pushes techs into the black; chips lead gainers A late surge pushes the tech sector into the black as investors react to mixed signals on the state of the economy. ADP,2009-03-26,23.824,24.3733,23.5468,24.1839, ADP,2009-03-27,23.8574,24.0182,23.4285,23.5192, ADP,2009-03-30,23.3269,23.4098,23.036,23.3466, ADP,2009-03-31,23.3092,23.5537,23.1829,23.2923, ADP,2009-04-01,23.0597,23.4975,22.6986,23.2538, ADP,2009-04-02,23.5537,24.3269,23.458,23.9985, ADP,2009-04-03,23.9708,24.316,23.8505,24.2963, ADP,2009-04-06,24.0951,24.2155,23.6917,23.9985, ADP,2009-04-07,23.6197,23.8367,23.3387,23.3535, ADP,2009-04-08,23.6454,23.6859,23.0664,23.3594, ADP,2009-04-09,23.7381,24.0182,22.9778,23.9837, ADP,2009-04-13,23.7568,24.0113,23.6859,23.8841, ADP,2009-04-14,23.6454,23.8437,23.4402,23.6069, ADP,2009-04-15,23.5192,23.5862,23.3092,23.5399, ADP,2009-04-16,23.8505,24.2884,23.6583,24.1947, ADP,2009-04-17,24.2756,24.388,23.7993,23.9225, ADP,2009-04-20,23.9403,24.0616,23.4452,23.5192, ADP,2009-04-21,23.458,24.1011,23.458,23.8781, ADP,2009-04-22,23.7776,24.0478,23.4659,23.5468, ADP,2009-04-23,23.4522,23.5468,22.9294,23.176, ADP,2009-04-24,23.4353,23.8703,23.1079,23.4225, ADP,2009-04-27,23.2075,23.2618,22.7568,22.8319, ADP,2009-04-28,22.7765,23.2075,22.5794,22.9619, ADP,2009-04-29,23.0872,23.679,23.0143,23.4659, ADP,2009-04-30,23.5468,23.6454,23.041,23.3209,"Charles Allmon, 88 and cautiously buying stock The legendary Charles Allmon is back (well, 50%) in stocks. But he won’t say the bear market is over." ADP,2009-05-01,23.2618,23.5862,22.882,23.532, ADP,2009-05-04,23.7312,23.7312,22.9018,23.0931, ADP,2009-05-05,22.9936,24.2884,22.8613,23.6376, ADP,2009-05-06,24.0951,24.5448,23.7046,24.394, ADP,2009-05-07,24.3269,24.6562,23.9344,24.1069, ADP,2009-05-08,24.316,24.5814,23.9344,24.4077, ADP,2009-05-11,23.9028,24.5527,23.7046,24.394, ADP,2009-05-12,24.4077,24.6021,24.1286,24.5172, ADP,2009-05-13,24.316,24.4481,23.9275,24.0478, ADP,2009-05-14,24.2352,24.3526,23.8574,23.963, ADP,2009-05-15,23.8703,24.1493,23.671,23.7104, ADP,2009-05-18,23.8505,24.1129,23.6197,24.0872, ADP,2009-05-19,24.0478,24.1208,23.6139,23.6641, ADP,2009-05-20,23.7509,23.7509,23.3871,23.4098, ADP,2009-05-21,23.2688,23.5537,22.8613,23.5537, ADP,2009-05-22,23.526,24.0321,23.3466,23.8318, ADP,2009-05-26,23.5043,24.538,23.4402,24.4995, ADP,2009-05-27,24.3663,24.8309,24.3269,24.5675, ADP,2009-05-28,24.6562,25.2254,24.4995,25.175, ADP,2009-05-29,25.0941,25.2905,24.8416,25.182, ADP,2009-06-01,25.2254,25.89,25.2124,25.7184, ADP,2009-06-02,25.5823,25.7184,25.4156,25.5597, ADP,2009-06-03,25.2067,25.5054,24.8713,25.17, ADP,2009-06-04,25.2321,25.3998,24.9522,25.2628, ADP,2009-06-05,25.5241,25.7993,25.3781,25.538, ADP,2009-06-08,25.4156,25.538,25.0439,25.3584, ADP,2009-06-09,25.5458,25.5655,25.2381,25.3703, ADP,2009-06-10,25.3466,25.3466,24.5448,24.7727, ADP,2009-06-11,24.8022,25.1573,24.7421,24.7845, ADP,2009-06-12,24.7115,24.8309,24.246,24.7046, ADP,2009-06-15,24.4481,24.6238,23.9906,24.1839, ADP,2009-06-16,24.3091,24.3466,24.0054,24.0054, ADP,2009-06-17,23.9107,24.1839,23.8781,23.9768, ADP,2009-06-18,23.4856,23.9344,23.3269,23.4452, ADP,2009-06-19,23.7164,23.7381,23.041,23.6376, ADP,2009-06-22,23.4353,23.5399,23.2017,23.3092, ADP,2009-06-23,23.3269,23.4225,23.0872,23.2331, ADP,2009-06-24,23.3328,23.5468,23.2204,23.4719, ADP,2009-06-25,23.1228,23.1228,22.745,22.9294, ADP,2009-06-26,22.8683,23.036,22.7697,22.9856, ADP,2009-06-29,23.0211,23.4225,22.9432,23.3801, ADP,2009-06-30,23.3387,23.5705,23.2273,23.4778, ADP,2009-07-01,23.4778,23.5586,23.2331,23.4225, ADP,2009-07-02,23.3092,23.3466,22.5911,22.6454, ADP,2009-07-06,22.6375,22.7233,22.4254,22.7046, ADP,2009-07-07,22.6642,22.7233,22.0685,22.0832, ADP,2009-07-08,22.4649,22.5911,22.0369,22.4905, ADP,2009-07-09,22.4985,22.5655,22.2539,22.3052, ADP,2009-07-10,22.3002,22.4471,22.1937,22.3456, ADP,2009-07-13,22.3052,22.672,22.0763,22.5991, ADP,2009-07-14,22.4905,22.8179,22.2815,22.8179, ADP,2009-07-15,22.9492,23.4719,22.7845,23.2618, ADP,2009-07-16,23.2481,23.5655,23.0664,23.5043, ADP,2009-07-17,23.5043,23.5862,23.1829,23.3939, ADP,2009-07-20,23.3871,23.602,23.2538,23.5705, ADP,2009-07-21,23.6583,23.7046,23.4166,23.6641, ADP,2009-07-22,23.6069,23.6454,23.3535,23.4522, ADP,2009-07-23,23.3466,24.0054,23.0931,23.8505, ADP,2009-07-24,23.7638,24.4995,23.7638,24.4679, ADP,2009-07-27,24.4206,24.5172,24.2677,24.4866, ADP,2009-07-28,24.4728,24.7194,24.3663,24.6682, ADP,2009-07-29,24.5113,25.1178,24.4274,25.0567,"Money Markets and More: Thurs., July 30 Preview Disney and Exxon Mobil among the companies reporting earnings. Serious Star Trek fans now have the perfect fragrance to go with their costumes. Boxed wines still enjoy a share of the adult-beverage market despite the contempt of connoisseurs. Now, brewers are trying out suds in a box." ADP,2009-07-30,24.6908,24.8416,24.1129,24.3091, ADP,2009-07-31,24.4206,24.9324,24.3466,24.676, ADP,2009-08-03,24.7558,25.2124,24.5892,25.2124, ADP,2009-08-04,24.9462,25.319,24.9038,25.1316, ADP,2009-08-05,25.0567,25.1513,24.6829,24.9896, ADP,2009-08-06,24.9591,24.9896,24.5814,24.6562, ADP,2009-08-07,25.1652,25.5655,24.9719,25.4215, ADP,2009-08-10,25.2905,25.4215,25.0153,25.2124, ADP,2009-08-11,25.1021,25.1573,24.8791,25.0764, ADP,2009-08-12,25.1099,25.5103,24.5241,25.3121, ADP,2009-08-13,25.4995,25.7046,25.175,25.6642,"[""Yellow Pages Companies Launch www.yellowpagesoptout.com to Help Consumers Select Which Directories They Receive"", ""Yellow Pages Companies Launch www.yellowpagesoptout.com to Help Consumers Select Which Directories They Receive"", ""Yellow Pages Companies Launch www.yellowpagesoptout.com to Help Consumers Select Which Directories They Receive""]" ADP,2009-08-14,25.6149,25.6642,25.2017,25.4936,"WallStSense.com Fundamental & Technical Coverage of CRM, TRH, ADP, CNQ, BMY and VLO" ADP,2009-08-17,25.3052,25.3466,24.9117,24.9245, ADP,2009-08-18,24.9522,25.1248,24.7905,24.9117, ADP,2009-08-19,24.6967,25.0685,24.6504,24.9591, ADP,2009-08-20,24.9038,25.182,24.7618,25.17, ADP,2009-08-21,25.3466,25.9117,25.0439,25.8831, ADP,2009-08-24,25.7786,26.0044,25.753,25.9827, ADP,2009-08-25,25.8594,26.1702,25.7855,25.8328, ADP,2009-08-26,25.8467,26.1632,25.4808,25.5902, ADP,2009-08-27,25.5103,25.6573,25.2746,25.5823, ADP,2009-08-28,25.6573,25.7589,25.2825,25.5458, ADP,2009-08-31,25.4995,25.601,25.2688,25.4078, ADP,2009-09-01,25.3703,25.6977,24.9038,25.03, ADP,2009-09-02,24.9639,25.0487,24.7618,24.9591,"[""Will FOMC Minutes Point to Credit Worries?"", ""Will FOMC Minutes Point to Credit Worries?"", ""Will FOMC Minutes Point to Credit Worries?""]" ADP,2009-09-03,24.9394,25.0804,24.6908,25.0487, ADP,2009-09-04,25.1021,25.7253,24.9394,25.5518, ADP,2009-09-08,25.5173,25.746,25.3466,25.672, ADP,2009-09-09,25.4355,25.5241,25.2973,25.4689, ADP,2009-09-10,25.5458,25.5458,25.17,25.3781, ADP,2009-09-11,25.2746,25.4876,25.1888,25.4432, ADP,2009-09-14,25.2548,25.4808,25.2548,25.4355, ADP,2009-09-15,25.3239,25.7115,25.2688,25.6217, ADP,2009-09-16,25.6286,26.1011,25.4078,26.0636, ADP,2009-09-17,25.9827,26.1702,25.9177,26.0261, ADP,2009-09-18,26.1553,26.2342,25.8713,26.0942, ADP,2009-09-21,26.0567,26.1286,25.7381,25.964, ADP,2009-09-22,26.0755,26.4709,25.8467,26.3812, ADP,2009-09-23,26.3062,26.7925,26.2116,26.4009, ADP,2009-09-24,26.3358,26.4127,25.5518,25.9571, ADP,2009-09-25,26.0468,26.1938,25.7786,25.7786, ADP,2009-09-28,25.8525,26.4877,25.7253,26.4187, ADP,2009-09-29,26.2885,26.4482,25.9699,26.0814, ADP,2009-09-30,26.0341,26.1849,25.672,26.0389, ADP,2009-10-01,26.0389,26.1011,25.6573,25.8053, ADP,2009-10-02,25.7648,26.0715,25.538,25.6977, ADP,2009-10-05,25.7046,25.7717,25.5103,25.6907, ADP,2009-10-06,25.6907,25.8644,25.5103,25.6977, ADP,2009-10-07,25.7855,25.9048,25.6503,25.8525, ADP,2009-10-08,26.177,26.463,26.0567,26.3141, ADP,2009-10-09,26.246,26.6405,26.177,26.6128,"[""bought ADP"", ""bought ADP"", ""bought ADP""]" ADP,2009-10-12,26.5507,26.7056,26.2342,26.5271, ADP,2009-10-13,26.5074,26.5074,26.2402,26.4344, ADP,2009-10-14,26.534,27.0854,26.463,27.029, ADP,2009-10-15,26.9639,27.0774,26.6622,27.0637, ADP,2009-10-16,26.9639,27.0567,26.5459,26.9137, ADP,2009-10-19,27.029,27.2431,26.8436,27.037, ADP,2009-10-20,26.7992,26.9896,26.4877,26.6278, ADP,2009-10-21,26.6543,27.108,26.6218,26.6987, ADP,2009-10-22,26.8062,27.2568,26.5647,27.1613, ADP,2009-10-23,27.1001,27.2371,26.6278,26.7451, ADP,2009-10-26,26.7668,27.3151,26.5931,26.7451, ADP,2009-10-27,26.7925,27.1001,26.5794,26.6543, ADP,2009-10-28,26.7313,26.7451,26.4877,26.5074, ADP,2009-10-29,26.6405,26.7992,26.4877,26.6672, ADP,2009-10-30,26.8249,26.9207,26.3683,26.3683, ADP,2009-11-02,26.4709,26.9384,26.3013,26.7925,"Trade like a fund manager It’s somehow fitting that as traders focus their sights on November, our political leaders are focusing on compensation reform." ADP,2009-11-03,26.7925,26.9384,26.4995,26.9305,"Money Markets and More: Weds., Nov. 4 Preview The Fed speaks. Have you gone to work sick? Many employees are risking infecting co-workers because they can't afford to stay home. Another big retailer is getting into the business of movie downloads." ADP,2009-11-04,26.8851,27.3417,26.7588,27.029, ADP,2009-11-05,27.1553,27.9877,27.1248,27.9877, ADP,2009-11-06,27.7421,28.0351,27.5055,28.0351, ADP,2009-11-09,28.0351,28.4542,27.9828,28.4542, ADP,2009-11-10,28.3793,28.6445,28.2066,28.5734,"[""Automotaic Data Processing (ADP is now in a breakout zone"", ""Automotaic Data Processing (ADP is now in a breakout zone"", ""Automotaic Data Processing (ADP is now in a breakout zone""]" ADP,2009-11-11,28.7027,28.9148,28.4946,28.7481, ADP,2009-11-12,28.7401,29.0046,28.6198,28.7027,"[""ADP dividend up 3%"", ""ADP dividend up 3%"", ""ADP dividend up 3%""]" ADP,2009-11-13,28.754,28.8526,28.614,28.8249,"[""Tech stocks lead the way on the way to 52 week high in morning trades"", ""Tech stocks lead the way on the way to 52 week high in morning trades"", ""Tech stocks lead the way on the way to 52 week high in morning trades""]" ADP,2009-11-16,28.8457,29.1505,28.8112,29.1119, ADP,2009-11-17,29.0183,29.184,28.9325,29.1563, ADP,2009-11-18,29.1563,29.1563,28.8526,29.0253, ADP,2009-11-19,28.901,28.9522,28.4364,28.7786, ADP,2009-11-20,28.5734,28.9148,28.5637,28.7835, ADP,2009-11-23,29.0046,29.3941,28.9325,29.3102, ADP,2009-11-24,29.2294,29.3536,29.0113,29.1436, ADP,2009-11-25,29.2777,29.3102,29.0183,29.1505, ADP,2009-11-27,28.4887,29.0705,28.3033,28.8399, ADP,2009-11-30,28.8596,28.9394,28.536,28.7835, ADP,2009-12-01,29.0113,29.2451,28.9255,29.047, ADP,2009-12-02,29.0912,29.4818,28.9394,29.0183, ADP,2009-12-03,29.033,29.1119,28.5991,28.614, ADP,2009-12-04,29.0764,29.3102,28.7401,28.9443, ADP,2009-12-07,28.8457,29.1967,28.8457,29.0705, ADP,2009-12-08,29.047,29.0657,28.4887,28.5005, ADP,2009-12-09,28.3447,28.5734,28.1129,28.543, ADP,2009-12-10,28.5677,28.8526,28.5074,28.6198, ADP,2009-12-11,28.6198,28.8182,28.4769,28.5153, ADP,2009-12-14,28.7598,28.8182,28.469,28.5567, ADP,2009-12-15,28.4887,28.6534,28.3576,28.4227, ADP,2009-12-16,28.4946,28.6386,28.4078,28.4167,A Dividend-Stock Holiday Shopping List Here's a seasonal sampler of four stocks with decent cash payouts and plenty of upside potential.Video: Dividends Are in Demand ADP,2009-12-17,28.0587,28.2126,27.8911,28.0074, ADP,2009-12-18,28.0587,28.1395,27.8073,28.0627,"[""Barrons\u2019 Picks Among S&P 500 Dividend Paying Stocks (PM, PFE, FPL, ADP)"", ""Barrons\u2019 Picks Among S&P 500 Dividend Paying Stocks (PM, PFE, FPL, ADP)"", ""Barrons\u2019 Picks Among S&P 500 Dividend Paying Stocks (PM, PFE, FPL, ADP)""]" ADP,2009-12-21,28.1198,28.4285,28.0981,28.3379, ADP,2009-12-22,28.3576,28.5281,28.2126,28.4285, ADP,2009-12-23,28.4364,28.4818,28.249,28.3576, ADP,2009-12-24,28.4167,28.5567,28.1889,28.4946, ADP,2009-12-28,28.4887,28.6327,28.4414,28.5991, ADP,2009-12-29,28.5991,28.7786,28.4887,28.6327, ADP,2009-12-30,28.5637,28.679,28.4414,28.6593, ADP,2009-12-31,28.6386,28.8399,28.3634,28.3693, ADP,2010-01-04,28.6672,28.8457,28.2836,28.3743, ADP,2010-01-05,28.4,28.4285,28.0686,28.2205, ADP,2010-01-06,28.3309,28.4167,27.8565,28.1583, ADP,2010-01-07,27.9611,28.1583,27.8841,28.1455, ADP,2010-01-08,28.0765,28.1336,27.8506,28.1051, ADP,2010-01-11,28.0351,28.2293,27.9127,28.2293, ADP,2010-01-12,28.2126,28.249,27.8181,28.0271, ADP,2010-01-13,27.9877,28.3092,27.8634,28.2362, ADP,2010-01-14,28.0765,28.3447,27.9946,28.1583, ADP,2010-01-15,28.394,28.4364,27.7273,28.0005, ADP,2010-01-19,27.9058,28.4414,27.824,28.4285, ADP,2010-01-20,28.2066,28.2895,27.5814,28.0508, ADP,2010-01-21,28.1198,28.4167,27.8378,27.9246, ADP,2010-01-22,27.9828,28.0587,27.2304,27.2766, ADP,2010-01-25,27.2825,27.534,27.2037,27.3417, ADP,2010-01-26,27.2304,27.3417,27.1416,27.2037, ADP,2010-01-27,27.0774,27.3082,26.9846,27.175, ADP,2010-01-28,27.2037,27.2825,26.7588,26.9522, ADP,2010-01-29,27.0567,27.2825,26.9305,27.0233, ADP,2010-02-01,27.0567,27.2698,26.9699,27.2077,"Money Markets and More: Tue., Feb. 2 Preview Valentine's Day may not be sweet this year for retailers. You can win an award for dining where the ""Real Housewives"" go. Smoother seas are ahead for cruise lines." ADP,2010-02-02,27.1613,27.4413,26.9522,27.2825, ADP,2010-02-03,27.175,27.175,26.8388,27.029,"[""ADP Reports Solid Results Despite Difficult Environment"", ""ADP Reports Solid Results Despite Difficult Environment"", ""ADP Reports Solid Results Despite Difficult Environment""]" ADP,2010-02-04,26.9305,27.0922,26.751,26.751, ADP,2010-02-05,26.7391,26.8319,26.3141,26.6849, ADP,2010-02-08,26.6849,26.8783,26.5143,26.7668, ADP,2010-02-09,27.0507,27.2224,26.7992,26.9639, ADP,2010-02-10,26.8851,27.029,26.6987,26.9522, ADP,2010-02-11,26.9384,27.2371,26.6336,27.1001, ADP,2010-02-12,26.819,26.9779,26.6919,26.892, ADP,2010-02-16,27.0922,27.3979,26.9384,27.3604, ADP,2010-02-17,27.4886,27.4926,27.3289,27.4689, ADP,2010-02-18,27.5271,27.6573,27.2371,27.2895, ADP,2010-02-19,27.2037,27.6573,27.1485,27.534, ADP,2010-02-22,27.609,27.7796,27.4542,27.5626, ADP,2010-02-23,27.5883,27.6633,27.175,27.2964, ADP,2010-02-24,27.3674,27.9877,27.2766,27.9877, ADP,2010-02-25,27.6504,27.7609,27.1682,27.6326,"Comparing Dividend Aristocrats to Dividend Champions David Van Knapp submits: There are two lists that serve as basic source material for investors interested in long-term dividend-raisers. One is the well-known Dividend Aristocrats list published by S&P. (To get the list, click the link here, then Market Attributes, then Dividend Aristocrats. Free registration is required.) The other is the lesser-known Dividend Champions list maintained by The DRiP Investing Resource Center, a non-profit organization. In my book, the latter list is far more useful than the former. What follows is a comparison between the two lists. Goals: Both lists, at first glance, appear to have the same goal: To identify companies that have raised their dividends for 25 consecutive years. That would lead one to believe that the lists should be identical. But they are not. The Dividends Aristocrats [DA] list identifies 43 such companies as of February 17, 2010. The Dividend Champions [DC] list names 98 . How can that be? The answer lies in the methods used to compile the lists. The two organizations use slightly different wording to describe what their lists show. S&P states that the DA list shows companies with ""25 consecutive years of increased cash payments."" DriP puts it this way: ""[C]ompanies that have increased their dividend in at least 25 consecutive years[,…]broadened to include additional companies that [have] paid higher dividends (without necessarily having increased the quarterly rate in every calendar year."" Source Universe: DA uses the S&P 500. If a company is removed from the S&P 500, it is immediately removed from the DA list. If a company is added to the S&P 500, it is not eligible to be included on the DA list until the list is recompiled in mid-December each year. DC does not specify its universe, but it appears simply to be all US-based companies. Note that neither list includes foreign-based companies. Update Schedule: S&P's DA list is updated once per year, in mid-December. It remains unchanged during the year unless a company is dropped from the S&P 500 as just described. Each month during the year, DA is updated to show whether or not a dividend increase or decrease has been declared by each company on the list. So even if a company declares a decreased dividend early in the year, the company will remain on the DA list for the rest of the year. For example, when GE announced in Feb. 2009 that it intended to cut its dividend, GE remained on the DA list for the rest of 2009, with a notation that its dividend had ""decreased in February."" DC is updated every month. GE was deleted from its list at the end of Feb, 2009, as it should have been. DC maintains a running chronology of changes to its list. That chronology notes, ""2/27/09: Deleted General Electric (div. reduced)."" GE has not appeared on the DC list since that date. What Qualifies as a Dividend Increase: S&P focuses on ""dividend actions."" These are positive declarations by a company that it is increasing its dividend. DriP focuses on the actual dividend paid annually. This introduces another difference between the two lists. A company can increase its dividend distribution year-over-year without declaring a dividend increase. For example, ""alternators"" are companies that declare a dividend increase every other year, then hold the payment steady between increases. Say that a company pays out four times per year, as is typical of US companies. Then the actual annual dividend distribution will rise each year even if there is a declared increase only every other year. DC picks up such companies, DA does not. (If it is not intuitive to you why every-other-year increases result in annually increasing payouts, see the example in the DC document.) Another apparent difference is that DC accounts for ""special dividends."" When a company declares a special dividend, it can appear the following year that it cut its dividend, even though its ""regular dividend"" has actually increased. DC factors out special dividends for its listing, and therefore it does not drop a company on the basis that it issued a special dividend the preceding year. Information Provided by Both Lists: Each list gives the company name, ticker symbol, and sector/industry for each company on its list. Each list is available in Excel spreadsheet form. DriP also provides a pdf version of DC. The DA list is alphabetical, while the DC list is in descending order of the dividend streak. Additional Information Provided: DA provides a year-by-year tabulation (going back 8 years) of dividend actions by the companies on its list. It tells what month the dividend was increased in that year. For the current year, it tells whether a company has decreased its dividend, without removing the stock from the list. If the company has neither increased nor decreased its dividend in the current or preceding year, that cell is left blank in the spreadsheet. Even if a company has declared a decreased dividend, S&P keeps the company on the DA list until the next December update. So, for example, in the list dated 11/11/2009, DA showed 52 companies, even though 8 of them had decreased their dividends (as noted in the document). Two other companies remained on the list even though no increase was noted in either 2008 or 2009. All 10 of those companies have been removed from the 2010 list. DriP's DC list provides a host of additional information beyond the bare list itself: Number of years of consecutive dividend increases (the leader = Diebold [DBD] at 56 years) Whether the company offers a dividend re-investment plan [DRIP] Price and yield as of the end of each month The old and new quarterly dividend rate The percentage of the most recent dividend increase The ex-dividend, record, and payment dates DriP's source of information for each stock Notes, such as whether a stock's information has been adjusted because it issued a stock dividend, or if its payment schedule is other than quarterly Totals and averages for all the stocks A chronology of all adds, deletes, and methodology adjustments since the DC list was first published in 2007 The DC list uses colors to flag special situations: It uses green to indicate that an increase announcement is expected in the next 30 days. It uses red to indicate that the last dividend increase was more than a year ago (i.e., that this stock is a candidate to be dropped from the list.) The DC list drops stocks that freeze their dividend across two consecutive years. For example, Johnson Controls ( JCI ) is one of the companies noted earlier that S&P kept on its list even though their spreadsheet showed blanks for both 2008 and 2009 (i.e., no dividend increases). DRiP, on the other hand, noted in its chronology that Johnson Controls was dropped in 9/2009 because ""4 divs. pd. 2009 = 2008."" Finally, the DC list includes an addendum of ""contenders,"" companies that have recorded at least 15 but less than 25 years of dividend growth. Thus, DC is really a source for companies that have increased their dividends for 15 years or more I have seen it said that business cycles typically last for 3-8 years. Therefore, a company with a 15-year history of dividend growth has maintained that record through at least two business cycles, while a company with 25 straight years has done it through at least three cycles. Each is an impressive achievement. Notes on Use: In my opinion, either list should be used only as a starting point for doing your own due diligence. As many banks proved in 2008-09, just because a company has raised its dividend many years in a row does not mean that it has the financial wherewithal to keep doing so. Some financial institutions raised their dividends (and repurchased shares) just months before failing. Utilize a method for determining the financial soundness of a company, and the sustainability of its business model, before investing in it for increasing dividends. I modestly suggest the method laid out in my own The Top 40 Dividend Stocks for 2010: How to Generate Wealth or Income from Dividend Stocks . Also, just because a company has been raising its dividend for many years does not mean that it has a good yield. If you have a threshold minimum yield of 2.5% or 3%, some of these companies will not meet it. For example, Parker-Hannifin (52-year streak) yields 1.8% at the moment. Tootsie Roll (44 years) yields 1.2%. Company Comparison: The following table compares the two lists. It shows vividly the difference between them as sources for 25-year dividend raisers. You will note that just one company-Supervalu-appears on the DA list and not on the DC list. The company cut its dividend last October; it is not clear why S&P kept it on the DA list for 2010. Company S&P Dividend Aristocrat? DRiP Dividend Champion? Abbott Laboratories ( ABT ) Yes Yes (37 years) ABM Industries ( ABM ) Yes (43) Aflac ( AFL ) Yes Yes (27) Air Products & Chemicals ( APD ) Yes Yes (27) American States Water ( AWR ) Yes (55) Archer Daniels Midland ( ADM ) Yes Yes (34) AT&T ( T ) Yes (26) Automatic Data Processing ( ADP ) Yes Yes (35) Bancorp South ( BXS ) Yes (25) Bank of Hawaii ( BOH ) Yes (30) Becton Dickinson ( BDX ) Yes Yes (37) Bemis ( BMS ) Yes Yes (26) Black Hills ( BKH ) Yes (40) Bowl America (BWL-A) Yes (38) Brown-Forman (BF-B) Yes Yes (26) California Water Service ( CWT ) Yes (43) Carlisle ( CSL ) Yes (33) CenturyLink ( CTL ) Yes Yes (35) Chubb ( CB ) Yes Yes (44) Cincinnati Financial ( CINF ) Yes Yes (49) Cintas ( CTAS ) Yes Yes (27) Clarcor ( CLC ) Yes (26) Clorox ( CLX ) Yes Yes (32) Coca-Cola ( KO ) Yes Yes (47) Colgate-Palmolive ( CL ) Yes (46) Commerce Bancshares ( CBSH ) Yes (41) Community Trust Banc. ( CTBI ) Yes (28) Connecticut Water Services ( CTWS ) Yes (40) Consolidated Edison ( ED ) Yes Yes (36) C. R. Bard ( BCR ) Yes Yes (38) Diebold ( DBD ) Yes (56) Dover ( DOV ) Yes Yes 54) Eaton Vance ( EV ) Yes (29) Eli Lilly ( LLY ) Yes Yes (42) Emerson Electric ( EMR ) Yes Yes (53) Energen ( EGN ) Yes (28) ExxonMobil ( XOM ) Yes Yes (27) Family Dollar Stores ( FDO ) Yes Yes (34) Federal Realty ( FRT ) Yes (42) Franklin Resources ( BEN ) Yes (29) Genuine Parts ( GPC ) Yes (53) Gorman-Rupp ( GRC ) Yes (35) H. B. Fuller ( FUL ) Yes (40) Helmerich & Payne ( HP ) Yes (37) Hormel Foods ( HRL ) Yes (44) Illinois Tool Works ( ITW ) Yes (45) Integrys Energy ( TEG ) Yes Yes (51) Johnson & Johnson ( JNJ ) Yes Yes (47) Kimberly-Clark ( KMB ) Yes Yes (37) Lancaster Colony ( LANC ) Yes (47) Leggett & Platt ( LEG ) Yes Yes (38) Lowe's ( LOW ) Yes Yes (47) McDonald's ( MCD ) Yes Yes (33) McGraw-Hill ( MHP ) Yes Yes (37) Medtronic ( MDT ) Yes (32) MGE Energy ( MGEE ) Yes (34) Middlesex Water ( MSEX ) Yes (37) Mine Safety Appliances ( MSA ) Yes (37) National Fuel Gas ( NFG ) Yes (39) Nordson ( NDSN ) Yes (46) Northwest Natural Gas ( NWN ) Yes (54) Nucor ( NUE ) Yes (37) Old Republic International ( ORI ) Yes (27) Parker-Hannifin ( PH ) Yes (52) Pentair ( PNR ) Yes (34) Pepsico ( PEP ) Yes Yes (37) Piedmont Natural Gas ( PNY ) Yes (31) Pitney Bowes ( PBI ) Yes Yes (27) PPG Industries ( PPG ) Yes Yes 38) Procter & Gamble ( PG ) Yes Yes (53) Questar ( STR ) Yes Yes (30) RLI ( RLI ) Yes (35) RPM International ( RPM ) Yes (36) Sherwin-Williams ( SHW ) Yes Yes (31) Sigma-Aldrich ( SIAL ) Yes Yes (33) SJW ( SJW ) Yes (43) Sonoco Products ( SON ) Yes (26) Stanley Works ( SWK ) Yes Yes (42) Stepan ( SCL ) Yes (42) SuperValu ( SVU ) Yes Sysco ( SYY ) Yes (40) Target ( TGT ) Yes Yes (42) Teleflex ( TFX ) Yes (31) Telephone & Data Systems ( TDS ) Yes (34) Tennant ( TNC ) Yes (38) Three M ( MMM ) Yes Yes (51) Tootsie Roll ( TR ) Yes (44) United Bancshares ( UBSI ) Yes (36) Universal ( UVV ) Yes (39) Valspar ( VAL ) Yes (29) Vectren ( VVC ) Yes (50) V. F. ( VFC ) Yes Yes (37) Walgreen ( WAG ) Yes Yes (34) Wal-Mart ( WMT ) Yes Yes (35) Washington REIT ( WRE ) Yes (38) Wesco Financial ( WSC ) Yes (38) Weyco ( WEYS ) Yes (28) WGL Holdings ( WGL ) Yes (33) W. W. Grainger ( GWW ) Yes Yes (38) Author's Disclosure: Long PG, EMR, MMM, JNJ, CB, ABT, PEP, CTL, MCD, T, SHW See also Productivity: Cyclical or Structural? on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2010-02-26,27.7273,27.7796,27.3831,27.5685, ADP,2010-03-01,27.679,27.824,27.5469,27.8073, ADP,2010-03-02,27.7421,27.8911,27.679,27.7273,"Money Markets and More: Weds., Mar. 3 Preview Unemployment is in focus on Wall Street on Wednesday. Even in lean times, women are still finding room in their budgets for a makeup staple - mascara. A pharmaceutical benefit company is getting ready to test a high-tech way to get you to take your prescription medicines." ADP,2010-03-03,27.8309,28.0134,27.7609,27.7678,"[""US Stock Futures Point To Flat Opening"", ""ADP Reports 20,000 Jobs Lost (USO, ADP)"", ""ADP Reports 20,000 Jobs Lost (USO, ADP)"", ""US Stock Futures Point To Flat Opening"", ""ADP Reports 20,000 Jobs Lost (USO, ADP)"", ""US Stock Futures Point To Flat Opening""]" ADP,2010-03-04,27.8841,27.9541,27.5271,27.6326,"[""Stocks Going Ex Dividend the Second Week of March 2010"", ""Stocks Going Ex Dividend the Second Week of March 2010"", ""Stocks Going Ex Dividend the Second Week of March 2010""]" ADP,2010-03-05,27.8131,28.6534,27.755,28.6071, ADP,2010-03-08,28.5637,28.6445,28.394,28.5874, ADP,2010-03-09,28.5814,29.2037,28.5567,28.9325, ADP,2010-03-10,28.6445,29.0972,28.6445,29.0705,"[""3 Chances with Pimavanserin - Analyst Blog"", ""3 Chances with Pimavanserin - Analyst Blog"", ""3 Chances with Pimavanserin - Analyst Blog""]" ADP,2010-03-11,29.0657,29.1268,28.8596,29.1051, ADP,2010-03-12,29.1051,29.1119,28.9255,29.0253, ADP,2010-03-15,29.0972,29.3831,29.0657,29.3102, ADP,2010-03-16,29.4492,29.4492,29.1179,29.3161, ADP,2010-03-17,29.322,29.757,29.3161,29.609, ADP,2010-03-18,29.6032,29.7274,29.4749,29.6278, ADP,2010-03-19,29.8823,29.9571,29.2145,29.5459, ADP,2010-03-22,29.4679,29.7422,29.2451,29.7007, ADP,2010-03-23,29.8103,29.8103,29.5282,29.757,"[""ADP Upgraded To Neutral At Cowen"", ""ADP Upgraded To Neutral At Cowen"", ""ADP Upgraded To Neutral At Cowen""]" ADP,2010-03-24,29.5696,29.7422,29.3417,29.3763, ADP,2010-03-25,29.3941,29.4552,29.1119,29.1366, ADP,2010-03-26,29.2214,29.4424,29.1633,29.3102, ADP,2010-03-29,29.2777,29.5903,29.2718,29.5075, ADP,2010-03-30,29.4679,29.6149,29.3299,29.539, ADP,2010-03-31,29.4246,29.5617,29.3299,29.4621, ADP,2010-04-01,29.5075,29.5903,29.0834,29.2718,"[""Research In Motion and Apple Inc Tug Technology ETFs In Different Directions"", ""Research In Motion and Apple Inc Tug Technology ETFs In Different Directions"", ""Research In Motion and Apple Inc Tug Technology ETFs In Different Directions"", ""Equities, Dollar, Oil, Gold All Higher on Jobs Data""]" ADP,2010-04-05,29.2531,29.609,29.2294,29.4078,"Apple's Buzz Lifts Broader Tech Sector Judging from the recently behavior of several sector ETFs, tech stocks may be ready to get back in the lead." ADP,2010-04-06,29.3368,29.4375,29.2145,29.3417, ADP,2010-04-07,29.3417,29.3497,29.0046,29.1051, ADP,2010-04-08,29.033,29.1633,28.9148,29.0705, ADP,2010-04-09,29.1051,29.322,28.9709,29.322, ADP,2010-04-12,29.3299,29.3497,29.1702,29.2895, ADP,2010-04-13,29.2372,29.3417,29.0657,29.1179, ADP,2010-04-14,29.0705,29.2777,28.9769,29.2718,"[""Top 5 Large-Cap NASDAQ Stocks With Highest Dividend Yield (PAYX, ADP, INTC, CMCSA, AMAT)"", ""Top 5 Large-Cap NASDAQ Stocks With Highest Dividend Yield (PAYX, ADP, INTC, CMCSA, AMAT)"", ""Top 5 Large-Cap NASDAQ Stocks With Highest Dividend Yield (PAYX, ADP, INTC, CMCSA, AMAT)"", ""Bernanke: Time to Clean Up The Budget""]" ADP,2010-04-15,29.3023,29.6327,29.2145,29.6032,"Stocks to Buy and Sell: Ratings for the Top 50 Tech Stocks W e are seeing a ""tech renaissance"" right now, with many information technology, software and personal electronics companies seeing rapid share appreciation in the last 12 months. It's no secret why: As the world gets more wired, communications have become a necessity and gadgets once thought of as fads are now necessary parts of doing business in the 21st century. I, for one, couldn't imagine getting anything done without my trusty Apple ( AAPL ) iPhone and laptop with me 24/7. But this bullishness on the entire tech sector can be confusing for investors. Some technology stocks are getting a lot of hype that's deserved, but others are simply being lifted by a rising tide for technology firms right now. How can you tell the difference? Simple: Follow the fundamentals. My proprietary Portfolio Grader stock-ranking tool runs a fundamental analysis on the top 5,000 Wall Street companies every week. My team of analysts and I sift through the latest earnings forecasts, sales numbers, margin expansion percentages and a host of other figures. Our results are screened based on what's working best on Wall Street right now, and then Portfolio Grader outputs a rating for each company reflected as a simple letter grade, with A being ""strong buy"" and F being ""strong sell."" Portfolio Grader's stock data is free and can be accessed online here . I strongly encourage you to check it out and screen your own holdings. But since tech is so hot right now, here's a complete rundown of the 50 biggest tech stocks (ranked by market cap) and how they stack up fundamentally. Symbol Company Name Subsector Market Cap ( B ) PG Grade ABB ABB Ltd. Electrical Equipment $51.0 D - Sell ACN Accenture Plc IT Services $27.3 A - Strong Buy ATVI Activision Blizzard Inc. Software $15.6 D - Sell ADBE Adobe Systems Inc. Software $18.6 C - Hold A Agilent Technologies Inc. Electronic Equipment $11.9 B - Buy AAPL Apple Inc. Computers & Peripherals $219.1 A - Strong Buy AMAT Applied Materials Inc. Semiconductors $18.1 D - Sell ASML ASML Holding N.V. Semiconductors $15.6 B - Buy ADP Automatic Data Processing IT Services $22.3 D - Sell BIDU Baidu Inc. Internet Software & Services $21.7 A - Strong Buy BRCM Broadcom Corp. Semiconductors $17.0 C - Hold CA CA Inc. Software $11.8 D - Sell CAJ Canon Inc. Office Electronics $56.8 C - Hold CSCO Cisco Systems Inc. Communications Equipment $152.5 C - Hold CTSH Cognizant Technology Solutions IT Services $15.4 A - Strong Buy GLW Corning Inc. Electronic Equipment $30.5 D - Sell DELL Dell Inc. Computers & Peripherals $31.0 B - Buy EBAY eBay Inc. Internet Software & Services $34.5 B - Buy EMC EMC Corp. Computers & Peripherals $38.1 C - Hold EMR Emerson Electric Co. Electrical Equipment $38.2 C - Hold ERIC Ericsson ADR Communications Equipment $33.3 D - Sell GOOG Google Inc. Internet Software & Services $179.9 B - Buy HPQ Hewlett-Packard Co. Computers & Peripherals $126.5 B - Buy HIT Hitachi Ltd. Electronic Equipment $13.2 D - Sell INFY Infosys Technologies Ltd. IT Services $34.8 A - Strong Buy INTC Intel Corp. Semiconductors $124.5 B - Buy IBM International Business Machines Computers & Peripherals $168.1 C - Hold INTU Intuit Inc. Software $10.8 C - Hold JNPR Juniper Networks Inc. Communications Equipment $16.4 B - Buy LPL LG Display Co. Ltd. Electronic Equipment $13.6 C - Hold MRVL Marvell Technology Group Ltd. Semiconductors $13.1 B - Buy MA MasterCard Inc. IT Services $33.6 C - Hold MSFT Microsoft Corp. Software $267.3 A - Strong Buy MOT Motorola Inc. Communications Equipment $17.1 C - Hold NTAP NetApp Inc. Computers & Peripherals $12.2 A - Strong Buy NJ Nidec Corp. Electronic Equipment $14.7 A - Strong Buy NOK Nokia Corp. ( ADR ) Communications Equipment $55.7 D - Sell ORCL Oracle Corp. Software $131.0 B - Buy PAYX Paychex Inc. IT Services $11.3 D - Sell QCOM QUALCOMM Inc. Communications Equipment $70.6 D - Sell RIMM Research In Motion Ltd. Communications Equipment $38.9 D - Sell SAP SAP AG Software $58.1 C - Hold SYMC Symantec Corp. Software $13.8 C - Hold TSM Taiwan Semiconductor Manuf. Semiconductors $55.0 D - Sell TXN Texas Instruments Inc. Semiconductors $30.9 B - Buy TEL Tyco Electronics Ltd. Electronic Equipment $13.3 B - Buy V Visa Inc. IT Services $68.4 B - Buy VMW VMware Inc. Software $22.0 C - Hold WU Western Union Co. IT Services $12.0 D - Sell WIT Wipro Ltd. IT Services $34.4 A - Strong Buy YHOO Yahoo! Inc. Internet Software & Services $24.6 D - Sell Related Articles: Stock Downgrades: BAC, BA, PC, TM Stock Upgrades: COST, LLY, RDS, WMT How Gold and the Dollar Index Are Fooling You The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2010-04-16,29.609,29.7353,29.2895,29.3417, ADP,2010-04-19,29.4168,29.6446,29.3497,29.6278, ADP,2010-04-20,29.6663,29.8388,29.6446,29.83,"Stock Upgrades: BA, BP, CS BP Plc ( BP ), Boeing ( BA ) and Credit Suisse ( CS ) were among some of the widely held stocks upgraded by Louis Navellier in his latest fundamental stock analysis on April 19, 2010. Energy stock BP Plc ( BP ) faced down shareholder protest over oil sands projects last week, and shares have firmed up as a result. BP stock was upgraded to a B grade or ""buy"" this week in Portfolio Grader from a C grade or ""hold"" in last week's rankings according to Louis Navellier's database of stocks to buy and sell. BP reports earnings on April 27. Aerospace and defense stock Boeing ( BA ) washas firmed up this week in anticipation of its Wednesday, April 21, earnings report. BA stock was upgraded from a C grade or ""hold"" in Portfolio Grader to a B grade or ""buy"" this week. Financial stock Credit Suisse ( CS ) was upgraded from its rating of a D grade or ""sell"" last week in to a C grade or ""hold"" this week in Portfolio Grader's fundamental stock analysis. Swiss funds returned over 2.3% in Q1, and investors are eager to see CS' earnings report this Thursday, April 22. Get a complete list of this week's stock downgrades here . For a complete list of upgrades, please view the table below. Symbol Company Name Industry Market Cap ( B ) Grade This Week Grade Last Week AET Aetna Inc. Health Care Providers $13.5 C D NLY Annaly Capital Management Inc. Real Estate Investment Trusts $9.4 A B ADP Automatic Data Processing Inc. IT Services $22.3 C D BA Boeing Co. Aerospace & Defense $51.4 B C BP BP PLC Oil Gas & Consumable Fuels $187.2 B C BRCM Broadcom Corp. Semiconductors $17.4 B C CHRW C.H. Robinson Worldwide Inc. Air Freight & Logistics $9.8 C D CNI Canadian National Railway Co. Road & Rail $29.2 C D CAJ Canon Inc. Office Electronics $57.2 B C CB Chubb Corp. Insurance $17.2 C D CME CME Group Inc. (Cl A) Diversified Financial Services $20.8 C D ABV Companhia de Bebidas das Americas Beverages $60.0 A B ED Consolidated Edison Inc. Multi-Utilities $12.5 C D CS Credit Suisse Group Capital Markets $60.5 C D CSX CSX Corp. Road & Rail $21.4 C D D Dominion Resources Inc. Multi-Utilities $24.7 B C ETP Energy Transfer Partners L.P. Oil Gas & Consumable Fuels $8.7 B C FAST Fastenal Co. Trading Companies & Distributors $8.0 C D GFI Gold Fields Ltd. Metals & Mining $8.9 C D INTU Intuit Inc. Software $11.1 B C JCI Johnson Controls Inc. Auto Components $22.0 B C LIHR Lihir Gold Ltd. Metals & Mining $8.6 B C MRVL Marvell Technology Group Ltd. Semiconductors $14.1 A B MBT Mobile TeleSystems Telecommunications $21.5 C D JWN Nordstrom Inc. Multiline Retail $9.4 B C DCM NTT DoCoMo Inc. Telecommunications $67.7 A B PT Portugal Telecom SGPS S/A Telecommunications $9.8 B C PX Praxair Inc. Chemicals $26.6 C D SNN Smith & Nephew PLC Health Care Equipment $9.4 A B TSM Taiwan Semiconductor Manufacturing Semiconductors $56.2 C D TEVA Teva Pharmaceutical Industries Pharmaceuticals $55.3 A B TKC Turkcell Iletisim Hizmetleri Telecommunications $13.9 C D WBK Westpac Banking Corp. Commercial Banks $75.6 B C WF Woori Finance Holdings Commercial Banks $12.8 B C About Portfolio Grader: Every Sunday, renowned growth stock adviser Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being ""strong buy"" and F being ""strong sell."" Portfolio Grader's stock data is free and open to the public, and can be accessed online here . More Portfolio Grader stock analysis: 4/12 stock upgrades: COST, LLY, RDS, WMT (click for complete list) 4/12 stock downgrades: BAC, BA, PC, TM (click for complete list) 4/5 stock upgrades: BA, HIT, XRX, YUM (click for complete list) 4/5 stock downgrades: FDX, HMC, RIMM, RBS (click for complete list) Related Articles: Apple AAPL Earnings Preview Top 10 High Yield Dividend Stocks in the Dow 5 High Yield Dividend Stocks Outside the U.S. (TEF, FLY, MBT, APSA, CPL) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2010-04-21,29.7886,29.8595,29.6446,29.8536,"[""Top Stocks of New Jersey"", ""Top Stocks of New Jersey"", ""Top Stocks of New Jersey""]" ADP,2010-04-22,29.75,29.8881,29.5006,29.8595, ADP,2010-04-23,29.8823,30.1603,29.6563,30.1328, ADP,2010-04-26,30.1111,30.2974,29.9858,30.0341, ADP,2010-04-27,29.8103,29.9858,29.3368,29.4325,"Automatic Data Processing Q3 Profit Stays Flat; Outlook Misses (ADP) Business outsourcing solutions provider Automatic Data Processing ( ADP ) on Tuesday said its fiscal third quarter profit inched higher from last year, but its full-year outlook narrowly missed analyst expectations. The Roseland, NJ-based company reported third quarter net income of $403.6 million, or 80 cents per share, compared with $402.5 million, or 80 cents per share, in the year-ago period. Excluding one-time items, earnings from continuing operations were 79 cents per share, narrowly beating out analyst expectations for 78 cents. Revenue rose 3% from last year to $2.44 billion, which is better than the $2.4 billion analysts predicted. Looking ahead, the company said it expects full-year 2010 earnings of $2.36 to $2.38 per share from continuing operations, which would miss Wall Street's view for $2.40 per share for the year. ADP shares were mostly flat in premarket trading Tuesday. The Bottom Line We had removed shares of ADP from our ""recommended"" list back last Oct.6, when the stock was trading at $41.28. The company has a 3.00% dividend yield, based on last night's closing stock price of $45.33. The stock has technical support in the $40-$41 price area. If the shares can firm up, we see overhead resistance at the $48-$50 price levels. We would remain on the sidelines. Automatic Data Processing ( ADP ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2010-04-28,29.4946,29.5331,29.1268,29.2451, ADP,2010-04-29,29.2531,29.5775,29.0183,29.4078, ADP,2010-04-30,29.3763,29.539,28.7106,28.7333, ADP,2010-05-03,28.8664,28.9886,28.6593,28.9325, ADP,2010-05-04,28.7786,28.8526,28.0202,28.394, ADP,2010-05-05,28.4631,28.8329,28.1051,28.2648,"[""Fewer and fewer good-quality stocks If nothing else, investors are learning one important lesson from the prospect of Greece and other European nations defaulting on their sovereign debt: Financial strength and quality matter ... a lot."", ""Opening Bell from MarketWatch Radio Network The latest money news from Don Morgan.""]" ADP,2010-05-06,28.1958,28.5281,17.528,27.4335, ADP,2010-05-07,27.2224,27.9187,27.044,27.534, ADP,2010-05-10,28.0134,28.543,27.8181,28.1455, ADP,2010-05-11,28.0005,28.4542,27.9985,28.1583, ADP,2010-05-12,28.1395,28.5153,28.1051,28.5005,"[""Top 5 Large-Cap NASDAQ Stocks In The Technology Sector With The Highest Earnings Per Share Expectations (GOOG, AAPL, FSLR, ADP, CTSH)"", ""Top 5 Large-Cap NASDAQ Stocks In The Technology Sector With The Highest Earnings Per Share Expectations (GOOG, AAPL, FSLR, ADP, CTSH)"", ""Top 5 Large-Cap NASDAQ Stocks In The Technology Sector With The Highest Earnings Per Share Expectations (GOOG, AAPL, FSLR, ADP, CTSH)""]" ADP,2010-05-13,28.3309,28.4167,28.0912,28.1258,"[""Puts Trade in ADP"", ""Puts Trade in ADP"", ""Puts Trade in ADP""]" ADP,2010-05-14,27.9946,28.0074,27.5271,27.6919, ADP,2010-05-17,27.4926,28.0351,27.4926,27.9058, ADP,2010-05-18,28.0074,28.1455,27.5469,27.6445, ADP,2010-05-19,27.4886,27.8378,27.4542,27.5548, ADP,2010-05-20,27.1356,27.3151,26.6672,26.7116, ADP,2010-05-21,26.2963,26.9522,26.1849,26.9137, ADP,2010-05-24,26.7313,26.9846,26.5143,26.6849, ADP,2010-05-25,26.5931,26.5931,26.0192,26.5931, ADP,2010-05-26,26.6128,26.9896,26.3486,26.4404, ADP,2010-05-27,27.0233,27.2698,26.819,27.2698, ADP,2010-05-28,27.1198,27.3536,26.892,27.0854, ADP,2010-06-01,26.9384,27.3417,26.7391,26.8249, ADP,2010-06-02,26.8249,27.4886,26.5874,27.4769, ADP,2010-06-03,27.4611,27.8565,27.3831,27.8003,"[""Dow, S&P Up on Benign Labor, Retail Numbers"", ""Denny's wants Boomers to enjoy a Grand Slam Denny's is hooking up with AARP, looking to draw in Baby Boomers for some Grand Slams. But John Wordock and Ann Cates tell us that chain isn't forgetting younger customers. And Steve Potisk reports that your workplace gets lonelier this summer as airports and highways get busier. All of that and the Three Things You Need to Know in this edition of MarketWatch News Break.""]" ADP,2010-06-04,27.2964,27.3753,26.7116,26.8062,"Dow Off 263 Points; Manpower, Caterpillar Hit Hard" ADP,2010-06-07,26.7845,26.8703,26.4768,26.5074, ADP,2010-06-08,26.4768,27.2304,26.4344,27.2144,"IT gap drives up govt. costs -- U.S. Budget Dir. NEW YORK (MarketWatch) -- Productivity in the U.S. government has declined significantly since the 1980s as it fell behind the private sector in upgrading its information technology, according to Office of Management and Budget Director Peter Orszag, in a speech Tuesday. ""From 1987 until 1995, private sector productivity rose by an average of 1.5% a year,"" Orszag said. ""Meanwhile, the public sector's productivity rose by only 0.4% per year - or about one-third as much - over roughly the same period."" After 1995, the U.S. stopped collecting the data to help -- paradoxically -- cut costs, he said. ""Closing the IT gap is perhaps the single most important step we can take in creating a more efficient and responsive government,"" Orszag said, according to a transcript of his speech." ADP,2010-06-09,27.029,27.4335,26.8436,27.0695, ADP,2010-06-10,27.2144,27.9611,27.0163,27.8378, ADP,2010-06-11,27.609,27.749,27.3979,27.7126, ADP,2010-06-14,28.0005,28.0912,27.6445,27.755, ADP,2010-06-15,27.9877,28.2648,27.7737,28.2412, ADP,2010-06-16,28.0765,28.2362,27.9473,28.0981, ADP,2010-06-17,28.1198,28.2066,27.8427,28.0981, ADP,2010-06-18,28.1395,28.2412,27.8565,28.0074, ADP,2010-06-21,28.1722,28.322,27.5271,27.6277, ADP,2010-06-22,27.6573,27.9315,27.2371,27.2568, ADP,2010-06-23,27.2568,27.4138,27.0567,27.2037, ADP,2010-06-24,26.9639,27.1613,26.7244,26.8851, ADP,2010-06-25,26.9779,27.2144,26.7718,27.0695, ADP,2010-06-28,27.1198,27.2698,27.037,27.1129, ADP,2010-06-29,26.8142,27.0774,26.5874,26.7588, ADP,2010-06-30,26.7578,26.9601,26.5675,26.6721,"[""US Stock Futures Point To Higher Opening Today"", ""US Stock Futures Point To Higher Opening Today"", ""US Stock Futures Point To Higher Opening Today""]" ADP,2010-07-01,26.5931,26.6672,26.1139,26.3062,"The Bull Isn't Dead … Yet Stocks smashed through a major line of technical support yesterday, with all three major indices ending Q2 with a loss and at new annual lows. Wednesday's tumble resulted in losses for the quarter of 10% for the Dow Industrials, 11.9% for the S&P 500, and 12% for the Nasdaq. A weak jobs report from Automatic Data Processing ( ADP ) was blamed for the meltdown. But stocks were holding their own until the last hour, even though the ADP report was published just after noon. The mood at the opening was cautiously optimistic following a good result from a short-term debt issue by the European Central Bank ( ECB ). And a positive report from the Chicago area's manufacturing activity also contributed to a higher opening. The heavy selling started following a report that Moody's has placed Spain's debt on review for a possible downgrade. But why should the market sell-off on this news when both Fitch and S&P had already cut Spain's rating? The euro traded higher versus the U.S. dollar, closing at $1.2229, up from $1.2197 on Tuesday. At the close, the Dow Jones Industrial Average was down 96 points to 9,774, the S&P 500 fell 11 points to 1,031, and the Nasdaq was down 26 points to 2,109. The NYSE traded 1.4 billion shares with decliners over advancers by almost 2-to-1. The Nasdaq traded 687 million shares, also with decliners ahead by less than 2-to-1. Crude oil for August delivery fell 31 cents to $75.63 a barrel, and the Energy Select Sector SPDR (NYSE: XLE ) fell 39 cents to $49.68, its lowest closing price since August 2009. August gold rose $3.50, settling at $1,245.90 an ounce. The PHLX Gold/Silver Sector Index (NASDAQ: XAU ) was off 0.27 points to 177.63. What the Markets Are Saying There is just no way to put a good face on yesterday's late-day crushing of the primary support for the major indices. As analysts try to make sense of the selling, no fundamental analysis explains what happened. But to those of us who follow technical analysis, the penetration of the neckline of a possible massive head-and-shoulders top must be studied. We need go no further than the charts themselves to understand the implications of the event. First, let's examine closely whether the breakdown of the S&P 500 is really a head-and-shoulders break. Although it is one of the most graphic signals, it is also one of the least understood. The classic pattern occurs only at market tops, and not in the midst of an already established decline. This pattern did occur at a market top following a broad advance from the bear market low of March 2009 to the peak, or head, on April 26 of this year. Chalk one up for the bears. The left shoulder of the pattern is the culmination of a strong rally following an extensive advance and is always lower than the head but higher than the right shoulder. This recent break conforms to the ideal since the left shoulder's high was at 1,150 and the right was at 1,122. Next, volume on the advance up to the right shoulder should be lower than the advances up to both the left shoulder and the head. Again, this is accurate. Remember my continued complaint of the very low volume on advances versus the volume on declines in the month of June. And, finally, there must be a break of a well-defined neckline by at least 3% of the total value of the stock (index) at the point of penetration of the neckline. Well, we do see a very well-defined neckline, and it has been violated. But in order to have a confirmed head-and-shoulders we must have at least a 3% penetration of the neckline. That means that this formation, as ugly as it looks, does not yet conform to the classic definition of this major reversal pattern. We must see a further decline to 1,009 before we are able to confirm that a new bear market exists. Now you may say, ""Picky, picky. The charts of the major indices look lousy. Stop hedging yourself, Collins, and call it for what it is."" My answer to that is simple: Words have meaning and technical analysis has very specific, time-tested definitions for each term that we use. You may discard them if you wish, but if you do, then you are running on a hunch, and hunches don't usually make money. Here is the way I read the current outlook: Following a further swift decline, new money from institutional investors may be put to use early in Q3, driving prices back up through the ""neckline,"" and perhaps to the S&P's 20-day moving average, or even the 200-day moving average. If that occurs, look for another downside reversal that could test yesterday's break. It is that decline that will tell us if we have broken into a new bear market. But if the S&P and its companions fail to rally, drive immediately lower and establish losses of 3% below their respective necklines, then the bull will be dead and a new and ferocious bear will tear into the market. Today's Trading Landscape Earnings to be reported before the opening include: Constellation Brands, Methode Electronics and MSC Industrial. Earnings to be reported after the close include: Demandtec and Flow. Economic reports due: motor vehicle sales (the consensus expects 8.9 million), Monster Employment Index, jobless claims (the consensus expects 450,000), ISM manufacturing index (the consensus expects 59), construction spending (the consensus expects -0.5%), pending home sales index, EIA natural gas report, Fed balance sheet and money supply. If you have questions or comments for Sam Collins, please e-mail him at samailc@cox.net . Related Articles: Retail Stocks Are Out, This EFT Is In Best and Worst Stocks for July Don't Fall for a Head-and-Shoulders Head Fake Double Your Money as the Market Plunges and Then Soars The Dow is headed for 9,000 -- you can either get run over OR go along for a profitable ride. Download your FREE options trading guide for details on how to make a ton of money on the short side of the market. Get your free copy here, including two trades you can make right now. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2010-07-02,26.5074,26.751,25.9423,26.1208, ADP,2010-07-06,26.2687,26.389,25.89,26.1079, ADP,2010-07-07,26.1011,26.6919,26.0468,26.6405, ADP,2010-07-08,26.7313,26.8142,26.4995,26.7451, ADP,2010-07-09,26.7588,27.0036,26.6919,26.9779,"[""Protection Purchased on Automatic Data Processing (ADP)"", ""Protection Purchased on Automatic Data Processing (ADP)"", ""Protection Purchased on Automatic Data Processing (ADP)""]" ADP,2010-07-12,27.029,27.3082,26.7795,27.1485, ADP,2010-07-13,27.3032,27.6022,27.2825,27.4886, ADP,2010-07-14,27.4216,27.7126,27.4216,27.6277, ADP,2010-07-15,27.6022,27.7609,27.2964,27.6386,"[""Top 4 Stocks In The Business Software And Services Industry With The Highest Dividend Yield (ADP, BLKB, JKHY, IRM)"", ""Top 4 Stocks In The Business Software And Services Industry With The Highest Dividend Yield (ADP, BLKB, JKHY, IRM)"", ""Top 4 Stocks In The Business Software And Services Industry With The Highest Dividend Yield (ADP, BLKB, JKHY, IRM)""]" ADP,2010-07-16,27.6022,27.609,26.8644,26.9207, ADP,2010-07-19,26.9522,27.2501,26.9384,27.175, ADP,2010-07-20,26.9137,27.4689,26.6672,27.4482, ADP,2010-07-21,27.4078,27.5193,26.5143,26.6672, ADP,2010-07-22,26.892,27.5755,26.892,27.4689, ADP,2010-07-23,27.3979,27.8181,27.2964,27.755, ADP,2010-07-26,27.7421,27.8565,27.6445,27.8565, ADP,2010-07-27,27.8773,28.0134,27.7273,27.8506, ADP,2010-07-28,27.8565,28.1336,27.824,27.8911,"Money Markets And More: Thurs., June 29 Preview More earnings including Exxon-Mobil, Motorola and MetLife could be market movers on Thursday. Google may have Facebook in its sights. A book for home cooks who really don't feel comfortable in the kitchen is experiencing a renaissance." ADP,2010-07-29,27.6712,27.8427,27.175,27.3753,"[""Automatic Data Processing Posts In-Line Q4 Earnings"", ""Automatic Data Processing Posts In-Line Q4 Earnings"", ""Automatic Data Processing\u2019s Q2 Profit Slumps 41%, Missing View (ADP) Business outsourcer Automatic Data Processing ( ADP ) on Thursday said its second quarter profit fell 41% from last year amid still-high unemployment, missing analyst estimates. The Roseland, NJ-based company reported second quarter net income of $207.6 million, or 42 cents per share, compared with $352.8 million, or 70 cents per share, in the year-ago period. Revenue rose 4% from last year, however, to $2.19 billion. On average, Wall Street analysts expected a slightly larger profit of 43 cents per share, albeit on lower revenue of $2.14 billion. ADP shares fell 50 cents, or -1.2%, in premarket trading Thursday. The Bottom Line We had removed shares of ADP from our \""recommended\"" list back on Oct.6, 2008, when the stock was trading at $41.28. The company has a 3.23% dividend yield, based on last night's closing stock price of $42.10. The stock has technical support in the $39-$40 price area. If the shares can firm up, we see overhead resistance at the $44-$45 price levels. We would remain on the sidelines. Automatic Data Processing ( ADP ) is not recommended at this time, holding a Dividend.com DARS\u2122 Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Posts In-Line Q4 Earnings""]" ADP,2010-07-30,27.1297,27.4838,27.1198,27.3417, ADP,2010-08-02,27.4689,27.824,27.4028,27.7924, ADP,2010-08-03,27.6712,27.8911,27.4542,27.8309, ADP,2010-08-04,27.749,27.968,27.5814,27.9187,"[""US Stock Futures Indicate Weak Opening"", ""ADP Sees Private Sector Gain Jobs - Analyst Blog"", ""ADP Sees Private Sector Gain Jobs - Analyst Blog"", ""US Stock Futures Indicate Weak Opening"", ""Forex News: ADP Employment Figures and the US Dollar Shutterstock photo Following the flow of recent negative economic data, the US dollar dropped to its lowest level in 4 months, prompting speculations the Federal Reserve may renew its monetary easing and start its bond purchasing program again. The most anticipated news event this week is the Non-Farm Payroll ( NFP ) report due out this Friday; today investors should follow the release of the ADP Non-Farm Employment Change Estimate at 12:15 GMT as well as the ISM Non-Manufacturing PMI at 14:00 GMT. Economic news are expected to dominate market sentiment this week as investors attempt to gauge the strength of the US economy recovery which continues to shows signs of slowing . Any negative economic data will put further downward pressure on the dollar. Today's leading news events : 12:15 GMT: USD - ADP Non-Farm Employment Change Estimate - Automatic Data Processing ( ADP ) issues its national employment report for July later today. This much-maligned measure of the growth of jobs in the US private sector will garner much attention ahead of Friday's big jobs report from the US Bureau of Labor Statistics. The expectation is for a gain of 39,000 private sector jobs, after the report showed an increase of 13,000 in June. - Given the latest string of reports from the US which has shown a slow-down of recovery, this report has the potential to add some positive sentiment if the results come in line with, or above, the estimated figure. As a result, the USD could pare some of its recent losses in the short-term. However, Friday's NFP report will be the primary market mover this week. 14:00 GMT: USD - ISM Non-Manufacturing PMI - The ISM services index will provide a fresh read on the services sector, which are about two-thirds of US GDP. The expectation is that the index will arrive at 53.1 and a number over 50 represents growth for this sector. The Institute for Supply Management's index of non-manufacturing activity declined to 53.8 in June, compared with 55.4 in May. If this figure shrinks once more today we could see some sell pressure on the USD. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Sees Private Sector Gain Jobs - Analyst Blog"", ""US Stock Futures Indicate Weak Opening""]" ADP,2010-08-05,27.749,27.8565,27.5952,27.7796,"[""Zacks Analyst Blog Highlights: Automatic Data Processing, Ford, Toyota Motor, Time Warner and SIRIUS XM Radio - Press Releases"", ""Zacks Analyst Blog Highlights: Automatic Data Processing, Ford, Toyota Motor, Time Warner and SIRIUS XM Radio - Press Releases"", ""Zacks Analyst Blog Highlights: Automatic Data Processing, Ford, Toyota Motor, Time Warner and SIRIUS XM Radio - Press Releases""]" ADP,2010-08-06,27.5271,27.609,27.1001,27.5409, ADP,2010-08-09,27.6149,27.7678,27.5409,27.6712, ADP,2010-08-10,27.3979,27.5409,27.1553,27.4028, ADP,2010-08-11,27.1129,27.1485,26.6919,26.7668, ADP,2010-08-12,26.6011,26.7056,26.3683,26.4995, ADP,2010-08-13,26.4877,26.5874,26.3141,26.3614, ADP,2010-08-16,26.2175,26.6128,26.0814,26.5459,"[""Calls Purchased on Automatic Data Processing (ADP)"", ""Calls Purchased on Automatic Data Processing (ADP)"", ""Calls Purchased on Automatic Data Processing (ADP)""]" ADP,2010-08-17,26.5931,27.0695,26.5931,26.7313,"[""Automatic Data Acquires Cobalt - Analyst Blog"", ""Automatic Data Acquires Cobalt - Analyst Blog"", ""Automatic Data Acquires Cobalt - Analyst Blog""]" ADP,2010-08-18,26.7244,26.7244,26.389,26.6465, ADP,2010-08-19,26.5143,26.5931,25.9827,26.1356, ADP,2010-08-20,26.1208,26.2116,25.9048,26.1011, ADP,2010-08-23,26.1356,26.3289,25.8594,25.8713, ADP,2010-08-24,25.8713,25.964,25.5291,25.7115, ADP,2010-08-25,25.6396,25.9048,25.4502,25.7924, ADP,2010-08-26,25.8713,25.9571,25.601,25.672, ADP,2010-08-27,25.898,26.1079,25.5458,26.0755, ADP,2010-08-30,25.9906,26.0814,25.7253,25.7253, ADP,2010-08-31,25.6484,25.9225,25.5054,25.5853, ADP,2010-09-01,25.8594,26.321,25.7046,26.0814,"[""ADP Sees 10,000 Jobs Lost - Analyst Blog"", ""ADP Sees 10,000 Jobs Lost - Analyst Blog"", ""ADP Sees 10,000 Jobs Lost - Analyst Blog""]" ADP,2010-09-02,26.1849,26.3763,25.9827,26.2963,"[""Private Sector Unexpectedly Cuts 10,000 Jobs in August"", ""ADP: Sideways Action Continues"", ""ADP: Sideways Action Continues"", ""Private Sector Unexpectedly Cuts 10,000 Jobs in August"", ""ADP: Sideways Action Continues"", ""Private Sector Unexpectedly Cuts 10,000 Jobs in August""]" ADP,2010-09-03,26.6128,26.8062,26.4009,26.5507, ADP,2010-09-07,26.5074,26.5074,26.2687,26.2885, ADP,2010-09-08,26.0715,26.4127,26.0192,26.2766, ADP,2010-09-09,26.5222,26.6336,26.3683,26.4482, ADP,2010-09-10,26.4936,26.6672,26.389,26.5647, ADP,2010-09-13,26.7451,26.9068,26.6741,26.7718, ADP,2010-09-14,26.751,26.9896,26.6987,26.8644,"[""Paychex Rolls Out New Solution - Analyst Blog"", ""Paychex Rolls Out New Solution - Analyst Blog"", ""Paychex Rolls Out New Solution - Analyst Blog""]" ADP,2010-09-15,26.8644,27.3289,26.8319,27.2964, ADP,2010-09-16,27.1613,27.3151,27.1553,27.2501,"9 Stocks that Have Consistently Raised Dividends for 25 Years or More Shutterstock photo As income investors, we can get caught up in yields... almost to a fault. But there is something else you should be studying that could make just as big a difference to your long-term returns: dividend growth. That's because dividend growth can make even lower-yielding stocks into big income producers over time. Take a look below at the income streams from a stock yielding 7% but not growing dividends, versus a 5% yielder that hikes payments +10% every year. If you held 1,000 shares trading at a $10 share price, here is the income stream each would produce over a year: 7% Yield 5% Yield + 10% Dividend Growth Year 1 $700 $500 Year 2 $700 $550 Year 3 $700 $605 Year 4 $700 $666 Year 5 $700 $732 Year 6 $700 $805 Year 7 $700 $886 In just five years, that 5% yield would actually be worth more than the 7% yield. And just two years later, your income stream would grow to be +27% more than the stock yielding 7%! Keep in mind, this doesn't take into account rising share prices. If both yields stayed the same, the share price of the 5% yielder would have to grow to $17.72 -- a +77% gain. Buying stocks that increase dividends allows you to take advantage of one of the most powerful tools in the investors' arsenal -- the wealth-building effect of compounding . And consistent dividend growth is like jet fuel for the compounding engine. But there are more advantages to companies able to consistently grow dividend payments. One often overlooked ""plus"" is that they tend to be safer investments. Dividends are a litmus test of a company's true financial strength. Only companies able to grow earnings through good times and bad will commit to consistently raising dividends. And these are the types of business that tend to see more stability in their shares. The best measure of their value is how dividend growers perform over time. And the best proof lies in a special index created by Standard & Poor's, called the ""Dividend Aristocrats."" Every company on this list must that have posted increased dividends in each of the past 25 years. According to S&P data, the Dividend Aristocrats have consistently outperformed the broader S&P 500. Dividend Aristocrats fell only -22% during the 2008 market crash, much less than the -37% decline for the S&P 500. Moreover, the group rebounded +27% the following year, slightly better than the +26% gain on the S&P 500. As you would guess, the ranks of Dividend Aristocrats are exclusive -- only 42 of the 500 companies in the S&P made the list this year (about 8% of the index). I used this list of 42 companies as my starting point and then looked at nine companies that were raising payments the fastest: Yield Annual Dividend Growth Since 2000 Pitney Bowers ( PBI ) 7.0% +3% Eli Lilly ( LLY ) 5.5% +8% Cincinnati Fin. Corp.(Nasdaq: CINF) 5.4% +10% Leggett & Platt ( LEG ) 5.0% +11% Johnson & Johnson( JNJ ) 3.5% +13% Abbott Labs ( ABT ) 3.4% +9% Automatic Data Processing ( ADP ) 3.3% +15% McGraw-Hill ( MHP ) 3.1% +7% PPG Industries ( PPG ) 3.1% +4% Pitney Bowes ( PBI ) Yield: 7.0% Pitney Bowes yields 7.0% and has recorded 28 consecutive years of dividend growth. Its business is boring -- it makes postage meters and mail processing equipment, but its dividend growth is anything but. Dividends have grown +10% a year since Pitney Bowes began paying investors in 1982. The 2010 increase of about +1.5% was a below average, but it did raise the annual payment to $1.46 per share. Eli Lilly ( LLY ) Yield: 5.5% Healthcare is less impacted by recession than other sectors, so it's no surprise to find multiple healthcare companies on the list of dividend growers. Eli Lilly is a leading global drug maker and has an uninterrupted record of roughly 40 years of dividend growth. In the last decade, Lilly has grown its dividend +8% a year. The company last increased the dividend by +3% to a $1.96 annual payment in 2009, meaning a dividend increase is likely in the next quarter if Eli Lilly wants to maintain its track record. Cincinnati Financial Corp (Nasdaq: CINF) Yield: 5.4% The only financial company that made the list above is property/casualty insurance provider, Cincinnati Financial. This company has raised dividends 49 years in a row, setting the stage for a wonderful half-century of increasing payments. Dividend increases of late have slowed in line with the overall economic outlook, but consider that in 1999 the company paid just about $0.60 a share, compared to today's $1.60 annual rate. Leggett & Platt ( LEG ) Yield: 5.0% Fixture and furniture manufacturer Leggett & Platt is seeing a rebound in its markets and signaled confidence in its future prospects in August by hiking the dividend +4% to a $1.08 per share annual rate. The company now boasts an impressive track record of 39 years of dividend growth. Johnson & Johnson ( JNJ ) Yield: 3.5% Johnson & Johnson's 3.7% yield isn't likely to ""wow"" you -- but remember the example above when it comes to growing dividend payments. The company has increased dividends 48 years in a row. The last increase, announced in April, boosted the dividend by +10% to a $2.16 annual rate. [ Read my colleague Tom Hutchinson's take on JNJ ] Abbott Labs ( ABT ) Yield: 3.4% Drug manufacturer Abbott Labs has grown dividends for 38 years running. Like Johnson & Johnson, it's another medical company that doesn't pay a high ""headline"" yield, but it can grow payments. In the past decade, dividend growth has averaged nearly +9% a year. The last hike, announced in February, was a +10% increase. Abbot now pays a $1.76 annual dividend, up from just $0.74 in 2000. Automatic Data Processing (Nasdaq: ADP) Yield: 3.3% Automatic Data Processing provides payroll processing services to thousands of businesses nationwide. Even with unemployment now at a high, this company has been able to hike dividends every year for 35 years straight. The last increase raised the payment by +3% to a $1.36 annual rate. In the past decade, annual dividend growth has been an impressive +15%. McGraw-Hill ( MHP ) Yield: 3.1% You might not know it, but McGraw-Hill actually owns Standard & Poor's, so it is only fitting this company makes S&P's Dividend Aristocrats list. McGraw-Hill's ranking comes thanks to 37 straight years of dividend growth. In the last decade, dividends have grown +7% a year. This includes the last dividend hike, announced in January, to a $0.94 annual rate. PPG Industries ( PPG ) Yield: 3.1% PPG Industries is a new member to the list, with ""only"" 25 years of dividend increases -- but it has paid 448 consecutive dividends. This maker of sealants and window coatings also stands out as the only Dividend Aristocrat to raise dividends twice in the past year. The last hike in July was by a penny per quarter to a $2.20 annual rate. Action to Take --> Before investing in any of the ideas above, I would want to examine each in more detail, considering factors like business outlook and financial strength. Still, the combination of dividend increases and a solid yield makes this list an interesting starting point for further research. -- Carla Pasternak Carla Pasternak has nearly 30 years of income investing experience, including serving as the Director of Research for High-Yield Investing and High-Yield International. Read More... Disclosure: Neither Carla Pasternak nor StreetAuthority, LLC hold positions in any securities mentioned in this article. StreetAuthority The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2010-09-17,27.322,27.4886,27.2698,27.3831, ADP,2010-09-20,27.4611,27.9127,27.4028,27.8427, ADP,2010-09-21,27.8565,27.8773,27.4028,27.6633, ADP,2010-09-22,27.6987,28.0429,27.6573,27.7678, ADP,2010-09-23,27.7678,27.7866,27.4926,27.5755, ADP,2010-09-24,27.9127,28.249,27.5409,28.249, ADP,2010-09-27,28.1652,28.2016,27.8634,27.8911, ADP,2010-09-28,27.9315,28.3033,27.5271,28.1455, ADP,2010-09-29,28.0686,28.1198,27.824,27.9058, ADP,2010-09-30,28.0912,28.251,27.6248,27.8417, ADP,2010-10-01,27.9946,28.1583,27.679,27.7057,"[""Air Products to Increase Prices for Polyurethane Additives and Curatives (ADP)"", ""Air Products to Increase Prices for Polyurethane Additives and Curatives (ADP)"", ""Air Products to Increase Prices for Polyurethane Additives and Curatives (ADP)""]" ADP,2010-10-04,27.7609,27.9394,27.4986,27.6573, ADP,2010-10-05,27.8309,28.0508,27.824,27.9315, ADP,2010-10-06,27.968,28.0271,27.7924,27.899,"[""ADP Non-Farm Payrolls Set to Create Heavy Volatility Shutterstock photo Traders may have noticed the US dollar's downward movement as of late. Whether against the yen, euro or British pound, it seems like the greenback simply cannot catch a break. This might all change starting today. The Automated Data Processing ( ADP ) Non-Farm Payrolls figure, a precursor to the Non-Farm Employment Change scheduled for Friday, is set to be released at 12:15 GMT. Today's report is considered to be fairly significant, largely because it is seen as being able to accurately predict the official government report. With analysts forecasting the ADP number to come in around 23K, as oppose to last month's figure of -10K, the employment situation in the United States may finally be turning a vital corner. Whether or not this will help the ailing dollar is yet to be seen, but now may be a good time to consider some of the possible outcomes. Assuming today's payroll figure comes in as predicted, the dollar may be able to pare some of its recent losses , at least in the short term. It will take much more than one positive employment report to get investors excited about the US economy again. At the same time, the high level of unemployment in the US has consistently hampered its ability to recover from the economic crisis. If today's report is the start of a larger trend, the US dollar may slowly start to move up against its main currency rivals. Traders will want to take note of what is likely to happen should the ADP figure come in below expectations. Any negative news out of the US is likely to increase speculation that the Fed will enact new fiscal measures called quantitative easing, in order to prevent another economic downturn. Any news of quantitative easing is likely to send the dollar plummeting down over the next month. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Non-Farm Data Could Help USD in the Short-Term Shutterstock photo After plummeting against all of its currency rivals, the US dollar is in a position to pare some of its losses with today's employment figures. ADP will be releasing its non-farm employment data on the private sector and is forecast to show mild growth. If the data comes in line with expectations, the USD could halt its recent decline. Here is a roundup of today's major events: 12:15 GMT: USD - ADP Non-Farm Employment Change - Automatic Data Processing ( ADP ) is due to release their non-farm employment data from the private sector of the US economy. This report is a precursor to Friday's NFP figures, but tends to carry less significance. On the other hand, this report has an ability to offer a more accurate forecast for Friday's numbers and should therefore not be overlooked. If employment in the private sector grew by 23K, as analysts are predicting, then the US dollar could pare some of its recent losses. 14:00 GMT: CAD - Ivey PMI - The Richard Ivey School of Business in Canada is due to release its survey data on last month's purchasing manager's index ( PMI ). This figure has a strong correlation with business and industry conditions across Canada and therefore has strong ties with the direction of the Canadian economy. If the figure comes out as expected, or better, the CAD may continue gaining against most of its currency counterparts throughout the rest of the week. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Aussie Hits a New Yearly High As Commodities Rule The Day Shutterstock photo Top Stories RBA's Kraehe says CB still hawkish, helps push Aussie to fresh yearly highs Euro holds highs as risk flows remain positive Nikkei up strong at 1.81%, Europe up .79% Oil nears $83/bbl Gold at $1350/oz. Overnight Eco EUR Final GDP q/q 1.0% vs. 1.0% EUR German Factory Orders m/m n/a GBP BRC Shop Price Index y/y 1.9% vs. 1.7% Event Risk on Tap USD Challenger Job Cuts y/y USD ADP Non-Farm Employment Change expected at 22K CAD Ivey PMI expected at expected at 63.2 Price Action USD/JPY drifts towards 83.00 in quiet trade AUD/USD recoups losses and hits yearly high on hawkish RBA comments, risk flows GBP/USD runs into a wall of profit taking at 1.5930 EUR/USD remains bid at 1.3850 with 1.3900 in view Risk flows supported high beta currencies in early European trade tonight with Aussie not only recouping all of its losses from yesterday but rallying to set a fresh yearly high at .9768. We noted that the current set of circumstances presents almost a perfect environment for a rally in commodity dollars as the latest US economic data suggests slow but nevertheless positive growth beneficial to the risk trade while doing little to change expectations of further easing from the Fed that is viewed as highly dilutive for the greenback. The resulting dynamic has sent commodity prices soaring with gold hitting a new record high of $1350/oz. while oil approaches the $83/bbl handle. The Aussie and the loonie have been the biggest beneficiaries of this trend that continues to see the dollar depreciate while commodity price rise and risk flows remain supportive. We wrote earlier, \""If the ( ADP ) employment data shows a turn for the positive confirming the expansion in the employment subcomponent of the ISM Services report, the rally in Australian and Canadian dollars may continue into the North American session. A break of the .9750 zone for the Aussie will open the way for a run towards all time highs at .9849 while the loonie could target parity once again.\"" The euro has also fared well in overnight trade extending its gains to hit 1.3870 by mid-morning European session. The pair continues to benefit from diversification flows from dollar leaden Asian central banks who continue to attempt to slow down the decline in the greenback in order to protect their critical export industries. With only EU GDP and German Factory Orders on tap event risk remains muted in the market right now and focus will likely turn to US ADP data at 12:15 GMT today. The ADP report has been notoriously inaccurate in its prediction of the much more important NFP release due this Friday, but currency traders may simply zero in on the direction of the data rather than its absolute value. The report is projected to turn positive by 20K from -10K the month prior and if the data confirms market expectations it should prove supportive to further risk flows as the day proceeds. The euro is clearly overextended at this point, but corrections remain shallow as the anti-dollar sentiment remains overwhelming and with euro bulls now eyeing the 1.4000 level the temptation to run stops at that psychologically key figure will only grow more intense if the pair can break through the 1.3900 barrier in the next few days. Finally, cable has been a notable laggard all night running into a wall of profit taking at the 1.5930 level. The 1.60 figure remains a daunting point of resistance as the market continues to be concerned about the austerity measures yet to come. Nevertheless, the latest batch of economic data from UK has surprised to upside indicating that the risk of double dip remains minimal. Tomorrow's BOE rate announcement looms large for the pair but unless the MPC surprises the market by expanding the QE program from the present 200 Billion pound base, cable could remain supported and attempt another run at the 1.6000 level on anti-dollar sentiment alone. FX Upcoming Currency GMT EST Release Expected Prior USD 11:30 7:30 Challenger Job Cuts y/y -54.5% USD 12:15 8:15 ADP Non-Farm Employment Change 22K -10K CAD 14:00 10:00 Ivey PMI 63.2 65.9 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP: Surprise Drop of 39,000 Jobs in September""]" ADP,2010-10-07,27.9541,28.1583,27.9187,27.9473,"[""ADP Announces Acquisition of MasterTax"", ""ADP Announces Acquisition of MasterTax"", ""ADP Announces Acquisition of MasterTax""]" ADP,2010-10-08,27.9541,28.0134,27.679,27.8911, ADP,2010-10-11,27.8841,27.9828,27.679,27.8506, ADP,2010-10-12,27.8073,27.8634,27.4926,27.824, ADP,2010-10-13,28.0134,28.2836,27.8506,28.1336, ADP,2010-10-14,28.1336,28.2717,27.9611,28.1395, ADP,2010-10-15,28.3092,28.4818,28.0765,28.4473, ADP,2010-10-18,28.2569,28.4887,28.2126,28.4631, ADP,2010-10-19,28.3092,28.4285,27.968,28.2205, ADP,2010-10-20,28.3092,28.7481,28.2205,28.679, ADP,2010-10-21,28.7728,28.9187,28.6327,28.8664, ADP,2010-10-22,28.9187,29.0705,28.7786,29.0183, ADP,2010-10-25,29.1268,29.2294,29.0253,29.1436, ADP,2010-10-26,29.033,29.3161,28.7835,29.2777,"Stocks in focus Wednesday: P&G, Visa A roundup of stocks likely to move in Wednesday’s market." ADP,2010-10-27,29.4375,29.6386,29.0657,29.6032,"[""Earnings Scheduled For October 27 (V, PEG, DPS, PG, ODP, ESRX, WHR, NOC, S, GG, SYMC, PX, COP, OI, IP, SO, LM, VMED, CMCSA, ADP, ALL, GD, IACI)"", ""ADP Beats, Outlook Raised - Analyst Blog"", ""ADP Beats, Outlook Raised - Analyst Blog"", ""Earnings Scheduled For October 27 (V, PEG, DPS, PG, ODP, ESRX, WHR, NOC, S, GG, SYMC, PX, COP, OI, IP, SO, LM, VMED, CMCSA, ADP, ALL, GD, IACI)"", ""Automatic Data Processing Q1 Profit Slides on Higher Costs; Forecast Raised (ADP) Business outsourcing solutions provider Automatic Data Processing( ADP ) on Wednesday said its first quarter profit fell 2% from last year, but the company boosted its full-year revenue forecast. (more\u2026) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Beats, Outlook Raised - Analyst Blog"", ""Earnings Scheduled For October 27 (V, PEG, DPS, PG, ODP, ESRX, WHR, NOC, S, GG, SYMC, PX, COP, OI, IP, SO, LM, VMED, CMCSA, ADP, ALL, GD, IACI)""]" ADP,2010-10-28,29.6327,29.6515,29.2451,29.3941,"[""Citigroup Raises Automatic Data Processing Estimates And PT"", ""Acadia Gets Pimavanserin Back - Analyst Blog"", ""Acadia Gets Pimavanserin Back - Analyst Blog"", ""Citigroup Raises Automatic Data Processing Estimates And PT"", ""Acadia Gets Pimavanserin Back - Analyst Blog"", ""Citigroup Raises Automatic Data Processing Estimates And PT""]" ADP,2010-10-29,29.2954,29.6032,29.2274,29.4779, ADP,2010-11-01,29.5696,29.8103,29.4168,29.6278, ADP,2010-11-02,29.8103,29.901,29.609,29.6949, ADP,2010-11-03,29.6583,29.9858,29.5843,29.9088, ADP,2010-11-04,30.0578,30.3201,30.0508,30.3201,"[""Zacks Bull and Bear of the Day Highlights: Bayer, Greatbatch, Automatic Data Processing, Ford and Caterpillar. - Press Releases"", ""ISM: Services Better than Expected - Analyst Blog"", ""ISM: Services Better than Expected - Analyst Blog"", ""Zacks Bull and Bear of the Day Highlights: Bayer, Greatbatch, Automatic Data Processing, Ford and Caterpillar. - Press Releases"", ""ISM: Services Better than Expected - Analyst Blog"", ""Zacks Bull and Bear of the Day Highlights: Bayer, Greatbatch, Automatic Data Processing, Ford and Caterpillar. - Press Releases""]" ADP,2010-11-05,30.258,30.3803,30.1672,30.3664,"[""Job Numbers Good. But Good Enough? - Analyst Blog"", ""Job Numbers Good. But Good Enough? - Analyst Blog"", ""Job Numbers Good. But Good Enough? - Analyst Blog""]" ADP,2010-11-08,30.2363,30.3437,29.9147,30.1248,"[""Hunt Oil Company Signs Multi-Year Deal With ADP"", ""Hunt Oil Company Signs Multi-Year Deal With ADP"", ""Hunt Oil Company Signs Multi-Year Deal With ADP""]" ADP,2010-11-09,30.1396,30.2432,29.9147,30.0193,"[""Automatic Data Processing Increases Cash Dividend 6% to $.36"", ""Automatic Data Processing Increases Cash Dividend 6% to $.36"", ""Automatic Data Processing Increases Cash Dividend 6% to $.36""]" ADP,2010-11-10,30.2116,30.2836,29.9247,30.2836, ADP,2010-11-11,30.0834,30.3616,29.9088,30.3616, ADP,2010-11-12,30.2639,30.2757,29.9384,30.0894,"[""Calls Purchased on Automatic Data Processing (ADP)"", ""Calls Purchased on Automatic Data Processing (ADP)"", ""Calls Purchased on Automatic Data Processing (ADP)""]" ADP,2010-11-15,30.0894,30.4779,30.0657,30.0834,"[""J.P Morgan Remains Neutral On Automatic Data Processing Following Analyst Day"", ""J.P Morgan Remains Neutral On Automatic Data Processing Following Analyst Day"", ""J.P Morgan Remains Neutral On Automatic Data Processing Following Analyst Day""]" ADP,2010-11-16,29.8457,29.8881,29.3694,29.5696,"[""Options Brief: Automatic Data Processing (ADP)"", ""Options Brief: Automatic Data Processing (ADP)"", ""Options Brief: Automatic Data Processing (ADP)""]" ADP,2010-11-17,29.5459,29.5696,29.3536,29.4621, ADP,2010-11-18,29.7126,30.1031,29.539,29.9917,"[""10 Top Dividend Stocks Increasing Payouts"", ""10 Top Dividend Stocks Increasing Payouts"", ""10 Top Dividend Stocks Increasing Payouts""]" ADP,2010-11-19,29.9778,30.0894,29.8103,30.0706, ADP,2010-11-22,29.9315,30.2293,29.7886,30.1968,"[""Dividend Stocks: Wendy's, ADP, Intel"", ""Dividend Stocks: Wendy's, ADP, Intel"", ""Dividend Stocks: Wendy's, ADP, Intel""]" ADP,2010-11-23,29.9384,29.9454,29.5282,29.8103, ADP,2010-11-24,29.9247,30.4434,29.9247,30.3053,"[""10 Inflation-Proof Financial Stocks"", ""Oppenheimer Encouraged by Automatic Data Processing's Growth Prospects (ADP)"", ""Oppenheimer Encouraged by Automatic Data Processing's Growth Prospects (ADP)"", ""10 Inflation-Proof Financial Stocks"", ""Oppenheimer Encouraged by Automatic Data Processing's Growth Prospects (ADP)"", ""10 Inflation-Proof Financial Stocks""]" ADP,2010-11-26,30.1031,30.1968,29.8743,30.1318, ADP,2010-11-29,29.9315,29.9503,29.4246,29.8536, ADP,2010-11-30,29.606,29.8033,29.4453,29.5252, ADP,2010-12-01,29.895,30.6051,29.895,30.547,"[""ADP Sees 93,000 Jobs Added - Analyst Blog"", ""Private Sector Employment Increased by 93,000 Jobs in November, According to ADP"", ""ADP Employment Reading Bodes Well for Near 200K Official Job Growth Figure Friday"", ""ADP Sees 93,000 Jobs Added - Analyst Blog"", ""ADP Sees 93,000 Jobs Added - Analyst Blog"", ""ADP Employment Reading Bodes Well for Near 200K Official Job Growth Figure Friday"", ""Private Sector Employment Increased by 93,000 Jobs in November, According to ADP"", ""ADP Sees 93,000 Jobs Added - Analyst Blog"", ""ADP Sees 93,000 Jobs Added - Analyst Blog"", ""ADP Employment Reading Bodes Well for Near 200K Official Job Growth Figure Friday"", ""Private Sector Employment Increased by 93,000 Jobs in November, According to ADP"", ""ADP Sees 93,000 Jobs Added - Analyst Blog""]" ADP,2010-12-02,30.5971,31.0894,30.5104,30.9305, ADP,2010-12-03,30.8881,30.9719,30.7431,30.9592,"[""24 Defensive Stock Plays"", ""Employment Report In-Depth (pt. 2) - Analyst Blog"", ""Employment Report In-Depth (pt. 2) - Analyst Blog"", ""Employment Report In-Depth (pt. 2) - Analyst Blog"", ""Employment Report In-Depth (pt. 2) - Analyst Blog"", ""24 Defensive Stock Plays"", ""Employment Report In-Depth (pt. 2) - Analyst Blog"", ""Employment Report In-Depth (pt. 2) - Analyst Blog"", ""24 Defensive Stock Plays""]" ADP,2010-12-06,30.9247,30.9661,30.7431,30.8664, ADP,2010-12-07,31.1041,31.2491,30.8062,30.8122,"[""NASDAQ Stocks Hitting 52-Week Highs (ADP, BJRI, ATX, GEOI)"", ""NASDAQ Stocks Hitting 52-Week Highs (ADP, BJRI, ATX, GEOI)"", ""NASDAQ Stocks Hitting 52-Week Highs (ADP, BJRI, ATX, GEOI)""]" ADP,2010-12-08,30.7284,30.8122,30.6218,30.7815, ADP,2010-12-09,30.8536,30.9661,30.68,30.826,"[""3 Stocks Crossing Over Their 50 Day Over Their 200 Day Moving Averages"", ""3 Stocks Crossing Over Their 50 Day Over Their 200 Day Moving Averages"", ""3 Stocks Crossing Over Their 50 Day Over Their 200 Day Moving Averages""]" ADP,2010-12-10,30.9128,30.9719,30.7126,30.826,"[""Is ADP Trending Toward $50 and Beyond?"", ""Is ADP Trending Toward $50 and Beyond?"", ""Is ADP Trending Toward $50 and Beyond?""]" ADP,2010-12-13,30.7925,30.8813,30.5971,30.7925,"[""Paychex to Acquire SurePayroll - Analyst Blog"", ""Paychex to Acquire SurePayroll - Analyst Blog"", ""Paychex to Acquire SurePayroll - Analyst Blog"", ""Paychex to Acquire SurePayroll - Analyst Blog"", ""Paychex to Acquire SurePayroll - Analyst Blog"", ""Paychex to Acquire SurePayroll - Analyst Blog""]" ADP,2010-12-14,30.826,31.1041,30.8005,31.0292, ADP,2010-12-15,30.9799,31.1179,30.8457,30.8743, ADP,2010-12-16,30.8881,31.1761,30.7865,31.041, ADP,2010-12-17,31.1041,31.1456,30.8457,31.045, ADP,2010-12-20,31.0972,31.1308,30.8743,30.9869,"[""Outlook 2011 Our group of investment experts sees stocks continuing their climb next year as the economic recovery takes root."", ""Outlook 2011 Our panel of star Wall Street strategists expects stocks to rise at least 10% next year, as a U.S. economic recovery accelerates. Barron's Clare McKeen reports.""]" ADP,2010-12-21,31.0519,31.1386,30.9247,31.04,"[""Decent Second Quarter for Paychex - Analyst Blog"", ""Decent Second Quarter for Paychex - Analyst Blog"", ""Decent Second Quarter for Paychex - Analyst Blog"", ""Decent Second Quarter for Paychex - Analyst Blog"", ""Decent Second Quarter for Paychex - Analyst Blog"", ""Decent Second Quarter for Paychex - Analyst Blog""]" ADP,2010-12-22,31.04,31.1456,30.9936,31.0775, ADP,2010-12-23,31.0637,31.1308,30.6929,30.8192, ADP,2010-12-27,30.7925,30.9128,30.539,30.8536, ADP,2010-12-28,30.8664,31.0213,30.6929,30.826, ADP,2010-12-29,30.9168,30.9345,30.7758,30.7885, ADP,2010-12-30,30.6997,30.8763,30.5735,30.7618,"[""Important Washington Events Next Week"", ""Important Washington Events Next Week"", ""Important Washington Events Next Week""]" ADP,2010-12-31,30.7107,30.7571,30.4828,30.6564, ADP,2011-01-03,30.9936,31.4275,30.9592,31.1731, ADP,2011-01-04,31.1179,31.2284,30.9936,31.0568, ADP,2011-01-05,31.0292,31.5598,31.0133,31.5598,"[""ADP Sees Great Job Growth! - Analyst Blog"", ""ADP Sees Great Job Growth! - Analyst Blog"", ""Nonfarm Payroll Estimates Moved Up"", ""Owning Gold Is Gone With The Wind (GLD)"", ""Owning Gold Is Gone With The Wind (GLD)"", ""Nonfarm Payroll Estimates Moved Up"", ""ADP Sees Great Job Growth! - Analyst Blog"", ""ADP Sees Great Job Growth! - Analyst Blog"", ""Owning Gold Is Gone With The Wind (GLD)"", ""Nonfarm Payroll Estimates Moved Up"", ""ADP Sees Great Job Growth! - Analyst Blog"", ""ADP Sees Great Job Growth! - Analyst Blog""]" ADP,2011-01-06,31.4878,31.8043,31.4335,31.7984,"[""Stock Market News for Jan 6, 2011 - Market News"", ""Stock Market News for Jan 6, 2011 - Market News"", ""Previewing & Trading Tomorrow's Jobs Report"", ""Previewing & Trading Tomorrow's Jobs Report"", ""Stock Market News for Jan 6, 2011 - Market News"", ""Stock Market News for Jan 6, 2011 - Market News"", ""Previewing & Trading Tomorrow's Jobs Report"", ""Stock Market News for Jan 6, 2011 - Market News"", ""Stock Market News for Jan 6, 2011 - Market News""]" ADP,2011-01-07,31.6979,31.9345,31.5528,31.8744,"[""Stock Market News for Jan 7, 2011 - Market News"", ""Stock Market News for Jan 7, 2011 - Market News"", ""Unemployment Rate Drops to 9.4 Percent \u2013 Market Update"", ""Unemployment Rate Drops to 9.4 Percent \u2013 Market Update"", ""Stock Market News for Jan 7, 2011 - Market News"", ""Stock Market News for Jan 7, 2011 - Market News"", ""Small Business Employment Struggles Could Outweigh Positive Earnings for Paychex Paychex ( PAYX ) competes primarily with ADP ( ADP ) in the payroll processing market. Its profitability is strongly tied to the success of small businesses, which constitute the majority of its client base. We estimate that the payroll processing business generates nearly 70% of the $28.33 Trefis price estimate for Paychex's stock . Our price estimate is roughly 10% below market price. Paychex reported strong results for its fiscal Q2 2011 (ended November 30) and saw improvement in two key profit drivers - checks per client and revenue per check (Paychex fee per employee for clients). Underlying the encouraging results is an increase in average employees per payroll client by 2.5% year-over-year for fiscal Q2 2011 (up 1.8% through the first half of fiscal 2011). We note that the increase in revenue per check is consistent with a price increase implemented by Paychex in May 2010 and also reflects positive results due to decreases in discounting. Client retention also improved as client losses for the first half of fiscal 2011 were 12% lower than observed during the same period last year. Sluggish Small Business Employment Could Weigh on Paychex While several economic indicators suggest that a recovery could be gaining momentum, U.S. employment numbers remain pressured. Consensus forecasts suggest that the unemployment date ended 2010 at just under 10%, and experts suggest that 9% by the end of 2011 is likely. Paychex is particularly sensitive to small business (1-49 employees) hiring, as these effectively represent the entirety of its client base. Through the prevailing economic recession, small businesses have seen fewer investors willing to contribute capital. Lending to small businesses from larger banks is down as well. As small businesses have struggled to weather the economic storm, the number of new hires in this segment has declined, weighing on Paychex's profitability. Despite recent reported gains in employees per Paychex client, we note that over-arching weakness in employment data could produce downside to our growth forecasts. Downside Scenario We current forecast a 3% increase in Paychex's payroll clients by 2012. Similarly, we anticipate that the average number of employees per payroll client will increase nearly 4% during the same period. However, if recent trends continue to pressure small business operations and these two metrics show more moderate growth in the years ahead, there could be an estimated 10% downside to our Paychex stock price estimate. Our current price estimate, at $28.33 , already stands about 10% below market price. To see the impact of employees per payroll client and total Paychex clients on the company's stock value, drag the trend lines in the modifiable charts above. Ourcomplete analysis of Paychex's stock is here. Register to win a free iPad. Visit our home page attrefis.comfor details. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Unemployment Rate Drops to 9.4 Percent \u2013 Market Update"", ""Stock Market News for Jan 7, 2011 - Market News"", ""Stock Market News for Jan 7, 2011 - Market News""]" ADP,2011-01-10,31.5992,31.9848,31.4621,31.8871,"[""Stock Market News for Jan 10, 2011 - Market News"", ""Stock Market News for Jan 10, 2011 - Market News"", ""Stock Market News for Jan 10, 2011 - Market News"", ""Stock Market News for Jan 10, 2011 - Market News"", ""Stock Market News for Jan 10, 2011 - Market News"", ""Stock Market News for Jan 10, 2011 - Market News""]" ADP,2011-01-11,31.9207,32.2442,31.828,32.0351, ADP,2011-01-12,32.2294,32.4691,32.0282,32.4503, ADP,2011-01-13,32.3449,32.4325,31.9207,32.1396, ADP,2011-01-14,32.1445,32.4247,32.0765,32.2965, ADP,2011-01-18,32.1141,32.548,32.1071,32.4365, ADP,2011-01-19,32.3665,32.4414,32.2018,32.2758, ADP,2011-01-20,32.2836,32.6151,32.2294,32.5223, ADP,2011-01-21,32.5954,32.6298,32.3299,32.4917, ADP,2011-01-24,32.4917,32.9455,32.4759,32.8063, ADP,2011-01-25,32.6377,32.9276,32.4839,32.9218, ADP,2011-01-26,32.8674,32.9276,32.0814,32.1121,"[""Automatic Data Processing Beats Estimates (ADP)"", ""ADP Beats, Raises Guidance - Analyst Blog"", ""ADP Beats, Raises Guidance - Analyst Blog"", ""ADP Beats, Raises Guidance - Analyst Blog"", ""ADP Beats, Raises Guidance - Analyst Blog"", ""Automatic Data Processing Beats Estimates (ADP)"", ""Automatic Data Processing Q2 Profit Falls 2%, but Still Beats View (ADP) Business outsourcing solutions provider Automatic Data Processing ( ADP ) on Wednesday posted better-than-expected fiscal second quarter earnings despite a drop in quarterly profit. The Roseland, NJ-based company reported fiscal second quarter net income of $310.1 million, or 62 cents per share, compared with $315.8 million, or 62 cents per share, in the year-ago period. ADP noted it has bought back nearly 2.4 million shares since the beginning of the year, which accounts for the flat per-share earnings on lower profit. On average, Wall Street analysts expected a slightly smaller profit of 61 cents per share in the latest period. ADP shares were mostly flat in premarket trading Wednesday. The Bottom Line Shares of Automatic Data Processing ( ADP ) have a 2.90% dividend yield, based on last night's closing stock price of $49.69. The stock has technical support in the $45 price area. If the shares can firm up, we see overhead resistance around the $51-$54 price levels. Automatic Data Processing ( ADP ) is not recommended at this time, holding a Dividend.com DARS\u2122 Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Beats, Raises Guidance - Analyst Blog"", ""ADP Beats, Raises Guidance - Analyst Blog"", ""Automatic Data Processing Beats Estimates (ADP)""]" ADP,2011-01-27,31.5923,32.3112,31.5825,32.2373, ADP,2011-01-28,32.2797,32.543,31.6406,31.7284,"What to Expect Next Week in the Forex Market Shutterstock photo As this week is about to end and the market is set to be closed, here's a list of what looks to be next week's biggest events in the forex market. Next week will certainly be an unusual trading week, as two different monthly interest rates decisions will be announced, one from Australia and the other from the euro-zone. In addition, next week is also the first week of February, which means that the U.S. Non-Farm Payrolls report is scheduled for Friday. Let's review the biggest economic releases which are expected: Australian Cash Rate (Tuesday, 03:30 GMT) The Australian Cash Rate is in fact the Reserve Bank of Australia's ( RBA ) interest rate announcement for February. After the RBA has surprisingly hiked rates by 0.25% to 4.75% on November, analysts currently estimate that it will leave rates at 4.75%. However, if the RBA will surprise and hike rates once again, the AUD will probably see a sharp bullish move as a result. U.S. ADP Non-Farm Employment Change (Wednesday, 13:15 GMT) The Automatic Data Processing ( ADP ) publishes its estimation regarding the change in number of employed people during the previous month, excluding the farming industry and government. The ADP forecast is considered to be quite reliable, and thus its release usually has a large impact on the market. European Minimum Bid Rate (Thursday, 12:45 GMT) The Minimum Bid Rate is the euro-zone interest rates announcement for February. Analysis forecast that the European Central Bank (ECB) will leave rates at a record low of 1.00%. What should be more interesting is the ECB's press conference which will be held at the time, as Jean-Claude Tricet, the ECB President, is likely to discuss the ECB's plan to fight off the rising inflation. His speech is likely to create high volatility in the market. U.S. Non-Farm Employment Change (Friday, 13:30 GMT) The Non-Farm Employment Change report measures that change in the number of employed people during the January, excluding the farming industry. It is considered to be the release that has the largest impact on the market. If the report will show that the American labor sector continues to recover, the dollar might see a sharp bullish move as a result. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2011-01-31,31.8586,31.8911,31.4888,31.7363, ADP,2011-02-01,31.8477,32.4839,31.8477,32.403,"[""Previewing Tomorrow's Economic Numbers"", ""Previewing Tomorrow's Economic Numbers"", ""Previewing Tomorrow's Economic Numbers""]" ADP,2011-02-02,32.2373,32.5105,32.1041,32.403,"[""ADP Sees Gain of 187,000 Jobs - Analyst Blog"", ""ADP Sees Gain of 187,000 Jobs - Analyst Blog"", ""ADP Sees Gain of 187,000 Jobs - Analyst Blog"", ""ADP Sees Gain of 187,000 Jobs - Analyst Blog"", ""ADP Sees Gain of 187,000 Jobs - Analyst Blog"", ""ADP Sees Gain of 187,000 Jobs - Analyst Blog""]" ADP,2011-02-03,32.2462,32.5263,32.0489,32.5144,"[""Jobless Claims Yo-Yo Back Down - Analyst Blog"", ""Jobless Claims Yo-Yo Back Down - Analyst Blog"", ""ISM Services Up More than Expected - Analyst Blog"", ""ISM Services Up More than Expected - Analyst Blog"", ""ISM Services Up More than Expected - Analyst Blog"", ""ISM Services Up More than Expected - Analyst Blog"", ""Jobless Claims Yo-Yo Back Down - Analyst Blog"", ""Jobless Claims Yo-Yo Back Down - Analyst Blog"", ""ISM Services Up More than Expected - Analyst Blog"", ""ISM Services Up More than Expected - Analyst Blog"", ""Jobless Claims Yo-Yo Back Down - Analyst Blog"", ""Jobless Claims Yo-Yo Back Down - Analyst Blog""]" ADP,2011-02-04,32.4759,32.7294,32.2836,32.689, ADP,2011-02-07,32.7214,32.8419,32.5163,32.7895, ADP,2011-02-08,32.7471,32.8419,32.5283,32.8063,"[""Automatic Data Processing Declares Dividend of $.36"", ""Automatic Data Processing Declares Dividend of $.36"", ""Automatic Data Processing Declares Dividend of $.36""]" ADP,2011-02-09,32.6298,32.7007,32.4572,32.5814, ADP,2011-02-10,32.5934,32.8556,32.2264,32.8487, ADP,2011-02-11,32.7007,32.9562,32.549,32.9455, ADP,2011-02-14,32.9385,33.0263,32.6949,32.9642, ADP,2011-02-15,32.7678,32.9138,32.6613,32.828,"[""Bill Ackman Raises Stakes In Fortune, J.C. Penney (JCP, FO)"", ""Bill Ackman Raises Stakes In Fortune, J.C. Penney (JCP, FO)"", ""Dare to Be Boring Most investors recognize that dividends are a crucial component of total return. Dividend-paying stocks often outperform shares of companies that don't pay dividends, a perennial case for Growth & Income investing. This fund's mandate allows it to roam the entire capitalization spectrum, finding values in shares of large and small companies.-- The Editors . Dare to Be Boring Superstar fund managers and stock picking gurus perpetuate the myth that one must be a genius to generate returns in the market. But a consistent value strategy may in fact be enough. The approach employed by Aston/River Road Dividend All Cap Value (ARDEX) is elegant in its simplicity. Management focuses on companies with growing dividends and low debt, buying and selling shares of those companies at sensible prices. The fund employs a methodical multi-step approach to selecting portfolio holdings. They favor companies with attractive business models and sustainable cash flow streams. But when it comes to the difficult work of separating the wheat from the chaff, management puts a premium on a company's dividend policy. \""A company's dividend policy is the best legal form of inside information there is,\"" portfolio manager Henry Sanders said, nothing that a consistently growing dividend signals that a company is confident that its business is improving. Sanders and the fund's management team prefer companies with a dividend of at least 2 to 3 percent, and, crucially, that have a history of growing their dividends. They then calculate an absolute value for the firm and buy only companies that trade at a discount to that value--usually 85 cents on the dollar. \""It tends to lead to fairly boring businesses, but that's OK,\"" Sanders said. \""If they're harvesting cash we don't care how boring they are.\"" The fund's holdings are a roll call of familiar large-cap names such as Automatic Data Processing ( ADP ) PepsiCo ( PEP ), ConocoPhilips ( COP ), McDonald's Corp ( MCD ), General Mills ( GIS ) and United Parcel Service (UPS). The fund was in the top quarter of its Morningstar category for the past five years, and has outperformed the S&P 500 by 2.87 percent over the past three years. The fund's substantial yield of 2.43 percent provides a reliable income stream to complement its capital appreciation. Management shepherded the fund through the worst days of the financial crisis; the fund finished 2008 in the top 10 percent of its category. But in early 2009, management sensed that a recovery was imminent and began to position the portfolio accordingly. The fund established positions in companies such as railroad operator Norfolk Southern Corp (NSC) that would be on the front edge of an economic recovery. Management also made a bet that leading food distributor Sysco Corp (SYY) would benefit from an uptick in US economic performance. Despite a rocky road in 2009, these bets paid off: The fund returned 21.33 percent for the year, compared to a 28.65 percent loss in 2008. Last year the fund continued its winning ways, posting an 18.59 percent return. Aston/River Road Dividend All Cap Value has parted ways with some investments that had grown too expensive. The fund in December sold off its position in Yum! Brands (YUM), the operator of KFC and Pizza Hut restaurants. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Article Republished with permission from www.KCIinvesting.com and www.rukeyser.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Bill Ackman Raises Stakes In Fortune, J.C. Penney (JCP, FO)""]" ADP,2011-02-16,32.9512,32.9512,32.5667,32.7945, ADP,2011-02-17,32.7591,33.0687,32.6081,33.0203, ADP,2011-02-18,32.9464,33.0953,32.8072,33.0894, ADP,2011-02-22,32.6298,32.9562,32.4247,32.536, ADP,2011-02-23,32.4503,32.5954,32.2294,32.3646, ADP,2011-02-24,32.4691,32.6229,32.1248,32.4572, ADP,2011-02-25,32.5727,32.9512,32.4562,32.8674, ADP,2011-02-28,32.9315,33.1416,32.7768,33.1249, ADP,2011-03-01,33.1535,33.1959,32.5934,32.7214,"[""ADP Acquires AdvancedMD"", ""ADP Acquires AdvancedMD"", ""ADP Acquires AdvancedMD""]" ADP,2011-03-02,32.6358,33.1269,32.5617,33.0153,"[""J.P. Morgan Reports Solif F2Q11 Results for Paychex And Automatic Data Processing"", ""J.P. Morgan Reports Solif F2Q11 Results for Paychex And Automatic Data Processing"", ""J.P. Morgan Reports Solif F2Q11 Results for Paychex And Automatic Data Processing""]" ADP,2011-03-03,33.2087,33.5884,33.1623,33.4759,"[""How To Trade Tomorrow's Nonfarm Payrolls (UUP, DE, MMM)"", ""How To Trade Tomorrow's Nonfarm Payrolls (UUP, DE, MMM)"", ""How To Trade Tomorrow's Nonfarm Payrolls (UUP, DE, MMM)""]" ADP,2011-03-04,33.3734,33.4908,33.1199,33.3418, ADP,2011-03-07,33.3418,33.5736,32.9799,33.1743,"Economic Recovery Trumps Oil Worries S ome incredibly positive domestic economic news overpowered the growing chaos in Libya, leading to a slowly rising week for stocks. Over the weekend, fighting in Libya escalated, as security forces loyal to Muammer Gaddafi fired into homes, killing innocent civilians. Despite wild oscillations in crude oil prices, the economy is clearly recovering. Libya is still a major market concern, but if we see greater political freedom emerge in North Africa and the Middle East, this could be a major plus. On Wednesday, Automatic Data Processing (ADP) announced that private payrolls surged by 217,000 in February. Then, on Thursday, new jobless claims during the latest week declined 20,000 to 368,000, the lowest level since May 2008. (In three of the past four weeks, new jobless claims came in below 400,000, and the four-week average has fallen to 388,500, the lowest level since July of 2008.) Then, on Friday, the Labor Department announced that total non-farm payrolls rose 192,000 in February. After subtracting 30,000 jobs lost in state and local governments, private sector jobs rose 222,000 in February. In addition, the January figure was revised higher by 63,000 jobs, and the unemployment rate fell to 8.9% in February. The stock market actually fell on Friday, after the payroll report was released, but the good job news released earlier in the week lifted the market in advance of the final confirmation on Friday. Overall, the private sector job growth in February was the strongest we've seen since April 2010, so Wall Street is celebrating the fact that job creation may finally be accelerating. However, I need to point out that the average work week remains unchanged at 34.2 hours. It needs to get to 37 or more hours to generate a more dramatic rate of job growth and to push jobless rates down to historic recovery norms around 5%. The positive job situation was confirmed by statistics from the Institute for Supply Management (ISM). On Tuesday, ISM reported that its manufacturing index rose to 61.4 in February, up from 60.8 in January, the 19th straight monthly expansion. In addition, the backlog of orders rose to 59 in February from 58 in January as companies continue to rebuild their inventories. Then, on Thursday, the ISM service (or ""non-manufacturing"") index surged to 59.7 in February, up from 54.9 in January. This dramatic 5-point surge in the ISM services index was not expected and is great news for the job market, since the United States has many more service workers than manufacturing workers. As further evidence of an improving job market, the ISM employment index rose to 55.6 in February, up from 54.5 in January, which is very positive news. Another positive sign for the U.S. economy was that personal income rose 1% in January. If you put more money in people's pockets, they will likely spend it. Sure enough, major U.S. retailers reported on Thursday that their February sales remained strong and were higher than analyst's estimates. Brian Sozzi, a retail analyst at Wall Street Strategies, said, ""February 2011 will go down as a month where improved consumer sentiment, tax refunds and stimulus in paychecks created a spark in the minds of consumers to buy discretionary goods and not be so stringent on the type and amount of daily necessities bought."" The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2011-03-08,33.26,33.7886,33.049,33.7107, ADP,2011-03-09,33.689,34.0361,33.4069,33.9681, ADP,2011-03-10,33.5943,33.8636,33.4069,33.6209, ADP,2011-03-11,33.4701,33.8073,33.2738,33.6358, ADP,2011-03-14,33.4641,33.5302,33.2354,33.4257, ADP,2011-03-15,32.7531,33.3547,32.6949,32.9148, ADP,2011-03-16,32.6505,32.828,32.1071,32.2688, ADP,2011-03-17,32.7836,32.7836,32.4148,32.542, ADP,2011-03-18,32.9729,33.0835,32.7738,32.905, ADP,2011-03-21,33.1071,33.5676,33.041,33.3615, ADP,2011-03-22,33.2354,33.5361,33.1623,33.4001, ADP,2011-03-23,33.3044,33.4839,32.9799,33.4257, ADP,2011-03-24,33.4257,33.6762,33.1002,33.6002, ADP,2011-03-25,33.6762,33.9611,33.5943,33.6052, ADP,2011-03-28,33.6002,33.834,33.5026,33.5943, ADP,2011-03-29,33.5411,33.8557,33.3615,33.7886, ADP,2011-03-30,33.8152,34.1614,33.7176,34.1258, ADP,2011-03-31,34.1268,34.3626,34.0894,34.2373, ADP,2011-04-01,34.3142,34.6545,34.2679,34.4819, ADP,2011-04-04,34.5697,34.7027,34.4178,34.7027,"[""Stocks Near Or Above 52-Week High (EFX, KO, HUM, LUK, QEP, ADP, GENZ, CCE, TMK, THC)"", ""Stocks Near Or Above 52-Week High (EFX, KO, HUM, LUK, QEP, ADP, GENZ, CCE, TMK, THC)"", ""Stocks Near Or Above 52-Week High (EFX, KO, HUM, LUK, QEP, ADP, GENZ, CCE, TMK, THC)""]" ADP,2011-04-05,34.6486,34.8271,34.5293,34.556,"Paychex Needs a Push in Checks per Client to Justify Stock Price In its Q3'11 recent earnings release, Paychex ( PAYX ) reported a 2.8% growth in checks per client over the same period last year. Checks per client, which represents the number of checks issued by Paychex divided by the client base, is a meaningful measure of the current state of the economy. Compared to competitor ADP ( ADP ), a significant percentage of Paychex's client base consists of small and medium sized businesses (with fewer than 50 employees). Continued growth in checks per client (represented by average number of employees per payroll client) will boost Paychex's payroll processing revenues going forward and could spark upside to its stock. Payroll processing is the most important division for Paychex, constituting 70% of its stock value by our estimates. Our price estimate for Paychex stock stands at $27.31 , about 15% below market price. Economic Recovery Will Lift the Number of Checks per Client The average number of employees per payroll client declined in 2008 and 2009 as recession took hold of the U.S. economy and sparked lay-offs by companies fighting to cut costs. Paychex's clients primarily fall into the small business category, a segment particularly vulnerable to difficult economic conditions. But as economic conditions improve and growth prospects for small businesses rise, the average number of employees per Paychex's payroll client should increase. Recent growth witnessed by Paychex in checks per client indicates that this trend is beginning to take hold. We estimate that the average number of employees per Paychex client will grow steadily from about 16 in 2010 towards 20 by the end of our forecast period. Should the economic recovery accelerate, there could be upside to our $27.31 price estimate for Paychex stock . If, for example, the average number of employees per Paychex payroll client increases towards 23 by the end of our forecast period (vs. our base case estimate of 20), it would imply 11% upside to our price estimate. While this would still leave our number below market price, it effectively closes the gap. Paychex provides payroll processing and other HR services related to insurance, retirement and health benefits. See our complete analysis for Paychex stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2011-04-06,34.7501,35.3438,34.5964,35.2107,"[""Stocks Near Or Above 52-Week High (FAST, GWW, STJ, HSY, PGN, IRM, WPI, ADP, AA, MCO)"", ""Stocks Near Or Above 52-Week High (FAST, GWW, STJ, HSY, PGN, IRM, WPI, ADP, AA, MCO)"", ""Stocks Near Or Above 52-Week High (FAST, GWW, STJ, HSY, PGN, IRM, WPI, ADP, AA, MCO)""]" ADP,2011-04-07,35.1219,35.3587,34.9562,35.3163, ADP,2011-04-08,35.3645,35.3645,34.8142,34.9938, ADP,2011-04-11,35.1486,35.2501,34.9465,34.973, ADP,2011-04-12,34.8369,34.9158,34.6121,34.7254, ADP,2011-04-13,34.7097,34.8409,34.397,34.7384, ADP,2011-04-14,34.5844,34.8833,34.2817,34.7234, ADP,2011-04-15,34.7384,34.9335,34.4681,34.7778, ADP,2011-04-18,34.3773,34.6171,34.3083,34.5106, ADP,2011-04-19,34.5697,34.6623,34.4287,34.6101, ADP,2011-04-20,34.9335,35.2778,34.8764,35.2037, ADP,2011-04-21,35.1348,35.3645,35.0588,35.3645, ADP,2011-04-25,35.2965,35.5539,35.2107,35.4809,"[""Stifel Nicolaus Raises ADP Target From $60 To $63"", ""Stifel Nicolaus Raises ADP Target From $60 To $63"", ""Stifel Nicolaus Raises ADP Target From $60 To $63""]" ADP,2011-04-26,35.548,36.0046,35.5312,35.912, ADP,2011-04-27,35.7886,36.2521,35.765,36.2166, ADP,2011-04-28,36.1525,36.2087,35.9159,36.1693, ADP,2011-04-29,36.1358,36.3379,36.0874,36.2708,"[""Earnings Preview for Automatic Data Processing (ADP)"", ""Earnings Preview for Automatic Data Processing (ADP)"", ""Earnings Preview for Automatic Data Processing (ADP)""]" ADP,2011-05-02,36.3716,36.6229,36.2453,36.4976,"[""Earnings Scheduled For May 2 (DISH, APC, FE, EIX, THG, HIG, DVA, MEE, HUM, ADP, CHK, L, PFG)"", ""Auromatic Data Processing Reports EPS of $0.85 vs. $0.85 Estimate; Revenues $2.74B vs. $2.66B Estimate (ADP)"", ""Automatic Data Guides FY2012 EPS of $2.51-$2.53 vs. $2.69 Estimate (ADP)"", ""Automatic Data Guides FY2012 EPS of $2.51-$2.53 vs. $2.69 Estimate (ADP)"", ""Auromatic Data Processing Reports EPS of $0.85 vs. $0.85 Estimate; Revenues $2.74B vs. $2.66B Estimate (ADP)"", ""Earnings Scheduled For May 2 (DISH, APC, FE, EIX, THG, HIG, DVA, MEE, HUM, ADP, CHK, L, PFG)"", ""Opening View: DJIA, SPX Set to Soar as Street Celebrates bin Laden's Demise Shutterstock photo Stocks are set to continue their quest for new highs today, as markets around the world celebrate news of Osama bin Laden's death. President Obama last night announced that a U.S. operation killed the Al Qaeda leader in Pakistan, and then honored Islamic religious law by burying him at sea within 24 hours. \""We can say to those families who have lost loved ones to Al Qaeda's terror: Justice has been done,\"" Obama said, adding that bin Laden's \""death does not mark the end of our effort\"" to hunt down known terrorists. Against this patriotic backdrop, the Dow Jones Industrial Average (DJIA ) is trading nearly 69 points above fair value, while the broader S&P 500 Index (SPX ) is flirting with a 6.5-point lead. In equities news, Cephalon Inc. (CEPH - 77.02) agreed to be acquired by Teva Pharmaceuticals (TEVA - 45.73) for $6.8 billion, or $81.50 per share. Teva said it expects the deal -- which was approved by both boards -- to immediately boost its adjusted earnings. Earlier this month, Cephalon rejected a $73-per-share offer from Valeant Pharmaceuticals (VRX - 52.63). Ahead of the bell, CEPH has added about 6% to trade near its purchase price, TEVA has tacked on around 3%, and VRX has tumbled roughly 6.9%. Meanwhile, Arch Coal (ACI - 34.30) said it will buy International Coal Group (ICO - 11.03) for $3.4 billion, or $14.60 per share -- a notable premium to the stock's closing price of $11.03 on Friday. The purchase is expected to be accretive to earnings in fiscal 2012, and will make ACI the second largest metallurgical coal producer in the U.S. At last check, ACI is poised to open about 2.3% lower, while ICO has soared nearly 31.2%. On the earnings front, Humana Inc. (HUM - 76.12) said its first-quarter profit increased 22% to $315.2 million, or $1.86 per share, while revenue climbed 9.7% to $9.19 billion. The bottom-line results fell right in line with consensus estimates, while HUM's quarterly revenue surpassed Wall Street's forecast of $9.14 billion. The insurance company expects second-quarter earnings of $2 to $2.10 per share, outpacing analysts' expectations for a profit of $1.94 per share. In pre-market trading, HUM has given up 1.6%. Earnings Preview Today's earnings docket will feature reports from Automatic Data Processing ( ADP ), DISH Network ( DISH ), Dendreon Corp. ( DNDN ), JinkoSolar Holding (JKS), and Loews Corp. (L), just to name a few. Keep your browser at SchaeffersResearch.com for more news as it breaks. Economic Calendar The economic calendar gets rolling with the release of the Institute for Supply Management's (ISM) manufacturing index for April, as well as the Commerce Department's monthly reports on construction spending and vehicle sales. Data on factory orders will be the lone highlight of Tuesday's economic agenda, while Wednesday will heat up with ADP's employment figures for April, the ISM services index, and the regularly scheduled crude inventories report. Meanwhile, reports on first-quarter productivity and weekly jobless figures are due out Thursday, and Federal Reserve Chairman Ben Bernanke is slated to speak at the Chicago Fed conference. Finally, the Labor Department's highly anticipated unemployment data will take center stage before the opening bell on Friday, with the Federal Reserve's monthly consumer credit report slated for release in the afternoon. Market Statistics Equity option activity on the Chicago Board Options Exchange ( CBOE ) saw 1,171,354 call contracts traded on Friday, compared to 674,867 put contracts. The resultant single-session put/call ratio docked at 0.58, while the 21-day moving average remained at 0.59. The spring 2011 issue of SENTIMENT magazine is now available here. Overseas Trading Stocks in Asia finished mostly higher on Monday, as traders celebrated news of Osama bin Laden's death. The reports pushed the Japanese yen lower against its U.S. counterpart, which helped to lift exporters like Sony Corp., Canon Inc., and Advantest Corp. By the close, Japan's Nikkei index added nearly 1.6%, marking its first finish north of 10,000 since March 14. Markets in Hong Kong and China, meanwhile, were closed for holiday. European markets were also trading north of breakeven, with news of the Al Qaeda leader's death bolstering global sentiment. At last check, the German DAX has added 0.8%, while France's CAC 40 has tacked on nearly 0.3%. Markets in London, however, are closed for holiday. Currencies and Commodities The greenback has reversed early gains this morning, with the U.S. dollar index down almost 0.1%. Elsewhere, crude futures have pulled back from 31-month-high territory, thanks to news of Osama bin Laden's death. At last check, the June-dated contract has surrendered 2% to hover south of $112 per barrel. Meanwhile, gold futures have continued their trek into record-high territory. In pre-market action, the front-month contract is trading fractionally higher at $1,556.90 an ounce. Unusual Put and Call Activity: For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations . Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up here for free daily delivery, straight to your inbox, before the opening bell. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Guides FY2012 EPS of $2.51-$2.53 vs. $2.69 Estimate (ADP)"", ""Auromatic Data Processing Reports EPS of $0.85 vs. $0.85 Estimate; Revenues $2.74B vs. $2.66B Estimate (ADP)"", ""Earnings Scheduled For May 2 (DISH, APC, FE, EIX, THG, HIG, DVA, MEE, HUM, ADP, CHK, L, PFG)""]" ADP,2011-05-03,36.554,36.6733,36.049,36.3045,"[""JP Morgan Raises PT On Automatic Data Processing To $54"", ""Deutsche Bank Raises PT On Automatic Data Processing To $50"", ""UPDATE: Deutsche Bank Color On ADP"", ""Goldman Sachs Upgrades PT On Automatic Data Processing To $50, Reiterated Neutral (ADP)"", ""Goldman Sachs Upgrades PT On Automatic Data Processing To $50, Reiterated Neutral (ADP)"", ""UPDATE: Deutsche Bank Color On ADP"", ""Deutsche Bank Raises PT On Automatic Data Processing To $50"", ""JP Morgan Raises PT On Automatic Data Processing To $54"", ""Goldman Sachs Upgrades PT On Automatic Data Processing To $50, Reiterated Neutral (ADP)"", ""UPDATE: Deutsche Bank Color On ADP"", ""Deutsche Bank Raises PT On Automatic Data Processing To $50"", ""JP Morgan Raises PT On Automatic Data Processing To $54""]" ADP,2011-05-04,36.3499,36.6229,36.0046,36.2384,"[""US Economy adds only 179K Jobs, According to ADP Shutterstock photo Automatic Data Processing Inc. ( ADP ) published its non-farm employment change estimate today, showing an expectation of approximately 179,000 new jobs being added to the American private sector in April. The news stunted the US dollar's mild gains in today's trading, though results appear mixed. The EUR/USD halted its recent bearish tick with a flattening out in value near the 1.4800 resistance line. The pair may continue bullish in the near future, though some are hesitant given the disparity in economic data from both sides of the Atlantic. The greenback was able to make some strides against the Japanese yen today, however, with the pair rebounding back up towards 81.20 from yesterday's low of 80.75. With the US housing market bullish, and expecting further growth in May, the combination of increased retail sales, consumer confidence and now the buoying jobs market, investors in the US economy are finding more reasons to agree with Fed Chairman Ben Bernanke's assessment that recovery is well underway. The news may not help the buck fight against the dollar bears pushing against the currency due to interest rate differentials, but it should gradually bring the US economy back into the good graces of global investors over the next several quarters. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""U.S. stocks stung by economic reports Gold, silver fall sharply in commodities rout U.S. stocks and commodities slid sharply Wednesday as disappointing data on the services sector and jobs overshadowed enthusiasm on corporate deal-making.""]" ADP,2011-05-05,36.0273,36.123,35.5194,35.7265,"Awaiting Tomorrow’s Non-Farm Payroll Data? Shutterstock photo A big hubbub has been made regarding the past two weeks. Last week it was interest rate differentials and the sharp decline of the US dollar. This week it is the death of Osama bin Laden, the Royal Wedding in Britain, and Golden Week in Japan (not to mention the celebration of Cinco de Mayo by the Spanish-speaking world is today). But have you forgotten the most impactful data release of each new month? This week is the long-awaited Non-Farm Employment Change (Non-Farm Payrolls, or NFP) release from the US Department of Labor's Bureau of Labor Statistics. This data release is perhaps the most important figure published by the US economy. More so than interest rate decisions. More so than inflationary figures. More so than industrial readings. Non-Farm Payrolls is the primary gauge of the US employment sector. It carries the heaviest impact on the forex market since it is a direct line into the lifeblood of the American economy: jobs. Yesterday's NFP estimate by Automatic Data Processing Inc. ( ADP ) revealed a below-forecasted figure of only 179K jobs being added by the private sector. Tomorrow's NFP report will factor in the same information but include jobs data from the public sector as well. It is a leading indicator of economic health and should never be disregarded, especially in these times of economic uncertainty. Today's rate statements out of Britain and the euro zone left many investors unsure about the timing of future rate decisions. The result has been a broad sell-off in the euro and British pound in exchange for safer assets like the US dollar and Japanese yen. Should tomorrow's NFP data come below forecasts, this shift into safe haven investments may pick up steam, further boosting the USD and JPY. Don't miss out on tomorrow's NFP data release, it should be a doozy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2011-05-06,35.979,36.1841,35.6022,35.758,"[""JP Morgan Raises PT On Automatic Data Processing To $57"", ""JP Morgan Raises PT On Automatic Data Processing To $57"", ""JP Morgan Raises PT On Automatic Data Processing To $57""]" ADP,2011-05-09,35.7295,36.1111,35.6446,35.979, ADP,2011-05-10,35.9928,36.3113,35.9641,36.1398, ADP,2011-05-11,36.049,36.1625,35.6111,35.8873, ADP,2011-05-12,35.8724,36.4385,35.8172,36.4178, ADP,2011-05-13,36.3646,36.5175,35.9297,36.0372, ADP,2011-05-16,35.9159,36.0924,35.6446,35.7502, ADP,2011-05-17,35.5618,35.8833,35.4918,35.8172, ADP,2011-05-18,35.8034,36.2314,35.5618,36.19, ADP,2011-05-19,36.2708,36.6052,36.1398,36.1969,"[""ADP Appoints Carlos A. Rodriguez President and COO"", ""ADP Appoints Carlos A. Rodriguez President and COO"", ""ADP Appoints Carlos A. Rodriguez President and COO""]" ADP,2011-05-20,36.1032,36.3162,35.9207,36.1447,"Rex on Techs: ADP's Business Model in the Cloud ADP, best known for payroll processing, is actually staking ground in business-to-business cloud computing, according to the company's chief information officer, Mike Capone, who tells Rex Crum why Wall Street likes ADP's story." ADP,2011-05-23,35.6239,35.7758,35.5184,35.6446,"[""Paychex Gains from ePlan Deal but Stock Price Still Too Rich Paychex ( PAYX ) recently acquired online 401(k) administrator ePlan Services which serves nearly 4,000 401(k) plans in all 50 states, though the terms of the deal were not disclosed. This purchase will help Paychex expand its reach in the fee-based retirement services market where it competes primarily with ADP ( ADP ) and provides payroll processing and other HR services related to insurance, retirement and health benefits. The move will boost the number of employees using Paychex's retirement plan services as more people choose to go online to manage their retirement needs, which adds more control and added flexibility to this process. It will also provide an opportunity for the firm to extend its other HR services like comprehensive package of payroll, compliance, employee benefits administration and onsite trained HR representatives to new customers. As the company states: ePlan Services' platform was designed to service the financial advisor market, with best-of-breed advisor tools and fee disclosure practices built into the offering. This will allow Paychex to expand its service offering to financial advisors while providing greater transparency into fee structures as the market shifts to full disclosure models to comply with consumer and legislative demand. This could provide a slight upside to our $27.31 Trefis price estimate for Paychex , which is about 14% below the market price. You can drag the trend line above to see the impact of various employees served count on our estimate of Paychex's stock. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""An Upside/Downside Scenario for ADP ADP's ( ADP ) most important business division - payroll processing - accounts for roughly 86% of our $62.54 Trefis price estimate for the company's stock . ADP is a leading payroll processor in the U.S. along with Paychex ( PAYX ) and serves many large businesses as well as caters to a sizable number of small businesses (fewer than 50 employees). Below we take a look at a potential upside and downside scenario for the firm. 8% Upside Scenario - $67.36 Trefis ADP Payroll Processing Operating Profit The operating margin for ADP's payroll processing business has increased from just over 21% in 2005 to near 27% in 2010 as revenue growth outpaced the increase in costs for the division. We forecast the operating margin will remain constant for the rest of the Trefis forecast period. There could be 7-8% upside to the Trefis price estimate if ADP's payroll processing operating margins continue to increase in the future reaching 30% by the end of our forecast period. 4% Downside Scenario - $60.43 Number of ADP Major Payroll Accounts We currently forecast the number of major payroll processing clients, those with 50 to 500 employees, of ADP will increase going forward from 63,000 in 2010 to almost 69,000 by the end of the Trefis forecast period. However, there could be 3-4% downside to the Trefis price estimate if ADP's major payroll accounts decline in the future falling below 60,000 as ADP continues to witness weakness in new sales for major accounts. See our full analysis for ADP's stock here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2011-05-24,35.6732,35.7502,35.4297,35.5244, ADP,2011-05-25,35.4642,35.6782,35.4021,35.5835, ADP,2011-05-26,35.5184,35.8991,35.33,35.7807, ADP,2011-05-27,35.766,36.1378,35.766,36.1171, ADP,2011-05-31,36.5363,36.7798,36.2955,36.7738,"[""Ford and ADP Announce Agreement for Ford Automated Card Everyone Program"", ""A Peek Into The Market Before The Trading Starts"", ""A Peek Into The Market Before The Trading Starts"", ""Ford and ADP Announce Agreement for Ford Automated Card Everyone Program"", ""Trefis Morning Coffee \u2013 Facebook, ADP & Viacom This morning we note that airbnb is reportedly raising $100m at a $1b valuation, which is a huge jump over its last fundraising round of around $7.2m. We decided to look at Facebook's ad business vs. LinkedIn's (NYSE:LNKD), and we find that Facebook's ad business is worth around 30x more than LinkedIn's since 60% of our valuation comes from ads while only 28% of LinkedIn's does. We look at ADP's ( ADP ) number of small business payroll clients given the role small businesses play in the US economic recovery. Finally, we test reader's knowledge by look at which channel contributes the most to Viacom's (NYSE:VIA) stock. Facebook - Company of the Day LinkedIn (NYSE:LNKD) and Facebook are two of the best known names for online social and professional networking. We estimate that the online advertisement business accounts for about 28% of our LinkedIn valuation estimate of $3.2 billion while it accounts for 60% of our Facebook valuation of close to $45 billion. This implies that Facebook's online advertising business is about 30X more valuable than LinkedIn's. As a side note, this also implies that Facebook's revenue stream looks a lot like Google's (NASDAQ:GOOG), which earns just over 70% of our near $190 billion valuation from advertising - which is about 7x the size of Facebook's ad business. ADP - Number of Small Business Payroll Clients ADP, a leading provider of human resource outsourcing and payroll services in the U.S., serves many large businesses and also caters to a sizeable number of small businesses (fewer than 50 employees). The firm recently announced that its popular payroll management platform for small businesses, RUN Powered by ADP, is now also available for the Android smartphone operating platform. Quiz of the Day Which of these channels contributes the most to Viacom's stock value? VH1 Comedy Central MTV Nickelodeon The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""A Peek Into The Market Before The Trading Starts"", ""Ford and ADP Announce Agreement for Ford Automated Card Everyone Program""]" ADP,2011-06-01,36.6181,36.767,36.3113,36.3113,"[""UPDATE: U.S. Private-Sector Employment Increased by 38,000 Jobs in May, According to ADP Report"", ""UPDATE: U.S. Private-Sector Employment Increased by 38,000 Jobs in May, According to ADP Report"", ""UPDATE: U.S. Private-Sector Employment Increased by 38,000 Jobs in May, According to ADP Report"", ""Radio update: Auto sales likely hit a pothole The latest money news from Ann Cates, including a new milestone for Lady Gaga."", ""Apple, Google gain on mixed day for tech stocks SAN FRANCISCO (MarketWatch) -- Tech stocks put in a mixed early trading performance Wednesday with small gains from Apple Inc. , Oracle Corp. and Google Inc. , and declines from Hewlett-Packard Co. , Intel Corp. and Dell Inc. . The Nasdaq Composite Index fell 3 points to 2,832 as investors reacted negatively to the latest report on private sector employment from ADP Inc. . The ADP results showed that U.S. companies added just 38,000 jobs in May, far below analysts' forecasts of 175,000."", ""Range Resources, Cabot lead energy stock retreat Sector gives way to selling pressure on weak economic data Energy stocks get socked by a sell-off in the broad equities market on weak economic data; Marathon shares fall after it sets plan to buy Eagle Ford shale acreage for $3.5 billion.""]" ADP,2011-06-02,36.3232,36.411,35.9967,36.2078,"ADP Employment Change Reveals Sluggish Job Growth Shutterstock photo Automatic Data Processing, Inc.'s ( ADP ) publication of its Non-Farm Employment Change report revealed a stark downturn in job growth in the US private sector. With an expectation for the creation of 177,000 jobs, yesterday's actual results of 38,000 jobs created caused a stir in global risk appetite . The value of the US dollar (USD) appears to have gained from the news as part of a move into safe-haven investments by forex investors. The greenback was bearish against the other safe-haven currencies, mainly the JPY and CHF, but most significantly it saw solid growth against the EUR which speaks volumes about the movement into the traditional stores of value. Read more forex trading news on our forex blog . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2011-06-03,35.8291,35.8873,35.4021,35.5489, ADP,2011-06-06,35.4307,35.6939,35.3103,35.4652, ADP,2011-06-07,35.5017,35.7265,35.2827,35.3587, ADP,2011-06-08,35.3951,35.4572,35.116,35.2491, ADP,2011-06-09,35.2561,35.6466,35.1269,35.4158, ADP,2011-06-10,35.3103,35.3714,34.8931,34.8931, ADP,2011-06-13,34.9238,35.5017,34.7808,35.3714, ADP,2011-06-14,35.6328,35.7127,35.3507,35.3882, ADP,2011-06-15,35.0914,35.2147,34.6041,34.7057,"[""ADP Hacked"", ""ADP Hacked"", ""ADP Hacked""]" ADP,2011-06-16,34.7728,34.908,34.5016,34.8045, ADP,2011-06-17,35.264,35.3645,34.6575,34.7127, ADP,2011-06-20,34.6368,35.4158,34.4484,35.2037, ADP,2011-06-21,35.2778,35.4938,34.9839,35.4021, ADP,2011-06-22,35.3231,35.5194,35.1743,35.1821, ADP,2011-06-23,34.7531,34.908,34.4976,34.8813, ADP,2011-06-24,34.9375,34.9582,34.3566,34.41, ADP,2011-06-27,34.3142,34.829,34.1388,34.6762, ADP,2011-06-28,34.7127,35.049,34.5303,34.9918,"[""Jefferies Initiates Automatic Data Processing At Hold, $53 PT"", ""Jefferies Initiates Coverage On Automatic Data Processing With Hold Rating"", ""Progress Software Roll Over in the After-Hours"", ""Progress Software Roll Over in the After-Hours"", ""Jefferies Initiates Coverage On Automatic Data Processing With Hold Rating"", ""Jefferies Initiates Automatic Data Processing At Hold, $53 PT"", ""Progress Software Roll Over in the After-Hours"", ""Jefferies Initiates Coverage On Automatic Data Processing With Hold Rating"", ""Jefferies Initiates Automatic Data Processing At Hold, $53 PT""]" ADP,2011-06-29,34.9711,35.4021,34.8666,35.2886, ADP,2011-06-30,35.4671,35.4671,35.2077,35.3882, ADP,2011-07-01,35.337,36.2708,35.2561,36.2029, ADP,2011-07-05,36.2778,36.2778,35.9484,36.0549, ADP,2011-07-06,36.1259,36.4622,35.9918,36.2808,"[""ADP Teams With Hall of Fame Golfer Annika Sorenstam for Three-Year Marketing Partnership"", ""ADP Teams With Hall of Fame Golfer Annika Sorenstam for Three-Year Marketing Partnership"", ""ADP Teams With Hall of Fame Golfer Annika Sorenstam for Three-Year Marketing Partnership""]" ADP,2011-07-07,36.5263,36.9632,36.4986,36.9632,"[""UPDATE: U.S. Private-Sector Employment Increased by 157K Jobs in June, According to ADP National Employment Report"", ""Bulls Push Resistance, Breakthrough Coming?"", ""Mid-Day Update: Positive ADP Jobs numbers sparks broad market rally"", ""Bulls Push Resistance, Breakthrough Coming?"", ""Bulls Push Resistance, Breakthrough Coming?"", ""Mid-Day Update: Positive ADP Jobs numbers sparks broad market rally"", ""Bulls Push Resistance, Breakthrough Coming?"", ""UPDATE: U.S. Private-Sector Employment Increased by 157K Jobs in June, According to ADP National Employment Report"", ""Bulls Push Resistance, Breakthrough Coming?"", ""Mid-Day Update: Positive ADP Jobs numbers sparks broad market rally"", ""Bulls Push Resistance, Breakthrough Coming?"", ""UPDATE: U.S. Private-Sector Employment Increased by 157K Jobs in June, According to ADP National Employment Report"", ""Apple, Seagate among gainers as tech stocks rise SAN FRANCISCO (MarketWatch) -- Tech stocks rose Thursday, highlighted by gains from Apple Inc. , Seagate Technology and Western Digital Corp. . The sector also benefited from gains in the broader market that were spurred on by a better-than-expected payrolls reports from Automatic Data Processing Inc. . The Nasdaq Composite Index climbed by almost 25 points to 2,858."", ""U.S. stocks add to gains in afternoon trading SAN FRANCISCO (MarketWatch) -- U.S. stocks continued to rise in afternoon trading Thursday in the wake of a better-than-expected payrolls report from Automatic Data Processing Inc. . The Dow Jones Industrial Average rose 101 points to 12,727, and the S&P 500 Index was up by 1% at 1,353. The Nasdaq Composite Index rose 40 points, or 1.4%, to 2,874."", ""Tech stocks follow Apple, Seagate higher Gains from Apple Inc. and hard-disk drive makers Seagate Technology and Western Digital Corp. highlight advancers, as the sector benefits from a broad-market rise fueled by reaction to upbeat jobs reports.""]" ADP,2011-07-08,36.6802,36.8824,36.123,36.6131, ADP,2011-07-11,36.2985,36.3923,36.0549,36.188, ADP,2011-07-12,36.3045,36.411,35.9395,36.1515, ADP,2011-07-13,36.3162,36.4711,35.9829,36.0697, ADP,2011-07-14,36.0894,36.3576,35.7196,35.7995, ADP,2011-07-15,35.9395,36.0036,35.4158,35.6812, ADP,2011-07-18,35.5135,35.5431,34.9306,35.1604,"Information Overload: The Promise and Problems of Big Data (List compiled by Andrew Dominguez) ""Data deluge"" and ""information overload"" are just a few of the catchphrases that describe the incredible and mostly unmanageable amounts of information available on the internet. Recent articles have described the many issues and prescribed a handful of remedies, from managing thousands of incoming emails to streamlining Google searches. A report released earlier this year by McKinsey & Company attempts to quantify the benefits of improving data management. Here is a snapshot of the consultancy’s main points: - by 2009, each sector in the US economy had an average of at least 200 terabytes of data per company with at least 1,000 employees - this data can be used to increase efficiency, make better decisions, and reduce costs in a big way - companies can use data to understand and target customers more precisely - big data can lead to greater improvements in next generation technology and services - proper data management will make companies much more competitive - big data can help companies improve operating margins by up to 60% - governments can use big data to reduce much of the costs of healthcare and other government services and increase tax revenues, among other things - by 2018, there could be a huge shortage of skilled labor necessary to analyze all of the data Click here for a detailed infographic. Josh Brown of TheReformedBroker.com and Fusion Analytics believes that there are a number of useful investment opportunities in this increasingly important sector. He is bullish on data storage and big data analysis companies, and on the entire big data industry in general. In his interview with Breakout on Yahoo! Finance, Brown details the incredible growth of big data: ""In 2008, in terms of all digital data output, we're talking 180 exabytes. An exabyte is one billion gigabytes. There are estimates out there that by 2020 we could be talking about 35,000 exabytes,"" Brown told hosts Matt Nesto and Jeff Macke. Interested in investing in big data? To help you out, here are some of the biggest firms by market cap that are involved in the management, analysis, and storage of data. Analyze These Ideas (Tools Will Open In A New Window) 1. Access a thorough description of all companies mentioned 2. Compare analyst ratings for all stocks mentioned below 3. Visualize annual returns for all stocks mentioned List sorted by market cap. 1. EMC Corporation (EMC): Data Storage Devices industry with a market cap of $55.16B. It develops, delivers and supports the information technology (IT) industry’s range of information infrastructure and virtual infrastructure technologies and solutions. It provides a foundation for customers to manage and secure their quantities of information, automate their data center operations, reduce power and cooling costs, and information for business agility and advantage. Its VMware Virtual Infrastructure business is the provider of virtual infrastructure software solutions from the desktop to the data center and to the cloud. 2. VMware, Inc. (VMW): Technical & System Software industry with a market cap of $43.07B. It is a provider of virtualization solutions from the desktop to the data center. Its suite of virtualization solutions addresses a range of complex information technology (IT) problems, that include cost and operational inefficiencies, facilitating access to cloud computing capacity, business continuity, software lifecycle management, and corporate computing device management. Its solutions are based upon its core virtualization technology and are organized into four main product groups: Cloud Infrastructure, Cloud Application Platform, End-User Computing, and Virtualization and Cloud Management. 3. Infosys Technologies Limited (INFY): Technical & System Software industry with a market cap of $35.07B. It provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries. Its end-to-end business solutions leverage technology for its clients. Its suite of business solutions includes business and technology consulting, custom application development, infrastructure management services, maintenance and production support, package enabled consulting and implementation including enterprise solutions, product engineering and lifecycle solutions, systems integration, validation solutions and cloud-based solutions and services. It also provides software products to the banking industry. It also provides business process management services, such as offsite customer relationship management, finance and accounting, and administration and sales order processing. 4. Automatic Data Processing, Inc. (ADP): Business Software & Services industry with a market cap of $26.54B. It is engaged in providing business outsourcing solutions. It offers a range of human resource (HR), payroll, tax and benefits administration solutions from a single source. It is also a provider of integrated computing solutions to automotive, truck, motorcycle, marine, recreational vehicle and heavy machinery dealers worldwide. 5. Cognizant Technology Solutions Corp. (CTSH): Business Software & Services industry with a market cap of $22.53B. It is a provider of custom information technology, consulting and business process outsourcing services. It is engaged in Technology Consulting, Complex Systems Development and Integration, Enterprise Software Package Implementation and Maintenance, Data Warehousing, Business Intelligence and Analytics, Application Testing, Application Maintenance, Infrastructure Management, and Business and Knowledge Process Outsourcing, (BPO and KPO). It operates in four segments: Financial Services; Healthcare; Manufacturing, Retail and Logistics, and Other, which includes Communications, Information, Media and Entertainment and High Technology. 6. NetApp, Inc. (NTAP): Data Storage Devices industry with a market cap of $18.8B. It is a provider of storage and data management solutions. It offers solutions for storing, managing, protecting and archiving business data. Its products and services are designed to meet the requirements and service levels of large enterprises and their business applications. 7. Iron Mountain Inc. (IRM): Business Software & Services industry with a market cap of $6.93B. It is an information management services company. Its information management services are divided into three service categories: records management services, data protection and recovery services, and information destruction services. It offers both physical services and technology solutions in each of these categories. These services are provided to address information management challenges, such as rising storage costs, litigation, regulatory compliance and disaster recovery. 8. CGI Group, Inc. (GIB): Internet Software & Services industry with a market cap of $6.25B. It is an independent provider of end-to-end information technology (IT) services and business process services (BPS) to clients globally. Its services include consulting, system integration, and management of IT and business functions. It provides a range of IT and management consulting services, including business transformation, IT strategic planning, business process engineering and systems architecture. 9. Informatica Corporation (INFA): Business Software & Services industry with a market cap of $5.66B. It is a provider of enterprise data integration and data quality software and services. The Informatica platform is a set of technologies that enable a range of enterprise-wide data integration initiatives, including Enterprise Data Integration, Data Quality, Master Data Management, B2B Data Exchange, Application Information Lifecycle Management, Complex Event Processing, and Cloud Data Integration. It provides a range of services, including product-related customer support, consulting services, and education services. Its services range from initial configuration of the Informatica platform, knowledge transfer to customers and partners, designing and implementing custom data integration solutions, project audit, and performance tuning, to helping customers implement enterprise-wide integration strategies, such as Integration Competency Centers or leadership Lean Integration practices. 10. Rackspace Hosting, Inc (RAX): Internet Software & Services industry with a market cap of $5.53B. It operates in the hosting and cloud computing industry. During the year ended December 31, 2010, it served more than 130,000 business customers and it managed more than 66,000 servers, 2,100,000 e-mail accounts, and 417,000 cloud hosting domains. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2011-07-19,35.2393,35.7255,35.197,35.6249, ADP,2011-07-20,35.5017,35.5973,35.1604,35.2491,"[""ADP Awarded Contract From Larimer County, Colorado for Integrated Human Capital Management Solution"", ""ADP Awarded Contract From Larimer County, Colorado for Integrated Human Capital Management Solution"", ""ADP Awarded Contract From Larimer County, Colorado for Integrated Human Capital Management Solution""]" ADP,2011-07-21,35.3764,36.0342,35.3163,35.7127, ADP,2011-07-22,35.7787,35.8961,35.5431,35.76, ADP,2011-07-25,35.6111,35.7078,35.2965,35.5776,"[""Automatic Data Processing Earnings Preview: Revenue, Earnings Expected to Fall from Previous Quarter"", ""Automatic Data Processing Earnings Preview: Revenue, Earnings Expected to Fall from Previous Quarter"", ""Automatic Data Processing Earnings Preview: Revenue, Earnings Expected to Fall from Previous Quarter""]" ADP,2011-07-26,35.6249,35.8883,35.5529,35.7255, ADP,2011-07-27,35.5559,35.6407,35.116,35.189, ADP,2011-07-28,34.9711,35.191,34.5687,34.7798,"[""Automatic Data Reports Q2 EPS $0.48 vs $0.49 Est; Revenues $2.51B vs $2.44B Est"", ""Automatic Data Processing Sees Profit Rise"", ""Automatic Data Processing Sees Profit Rise"", ""Automatic Data Reports Q2 EPS $0.48 vs $0.49 Est; Revenues $2.51B vs $2.44B Est"", ""Opening View: Stocks Set to Bounce Shutterstock photo Futures on all three indexes are pointing slightly higher this morning -- but after Wednesday's bloodbath, that isn't saying much. Ongoing anxieties over the possibility of a U.S. debt default have taken their toll on stocks, with 28 of the 30 components on the Dow Jones Industrial Average (DJIA ) suffering losses on Wednesday. In fact, these bigger-picture economic issues have cast a shadow on earnings season, with traders virtually ignoring a slew of upbeat reports from large-cap names. That being said, with today's agenda featuring quarterly results from several corporate heavyweights, as well as reports on weekly jobless claims and pending home sales for May, there is definitely plenty of potential fuel to help the bulls back on their feet -- if traders can shake off debt jitters. In earnings news, Potash Corp. of Saskatchewan (POT - 59.18) said its second-quarter profit increased 75% to $840 million, while earnings jumped from 53 cents to 96 cents per share. Meanwhile, revenue grew 62% to $2.33 billion. The fertilizer firm attributed the results to higher prices and strong demand. Analysts had been expecting POT to post a slimmer profit of 86 cents per share on revenue of $2.01 billion. What's more, the firm lifted its fiscal 2011 forecast to a range of $3.40 to $3.80 per share, well above the consensus estimate for full-year earnings of $2.46 per share. Investors seem pleased by this news, with the shares up some 4% ahead of the open. Visa Inc. (V - 87.75) posted a fiscal third-quarter profit of $1.01 billion, or $1.43 per share - up 40% from the $716 million, or 97 cents per share, earned a year earlier. Revenue increased 14% to $2.32 billion. Analysts, on average, expected earnings of $1.23 per share on revenue of $2.3 billion. The credit-card concern attributed the healthy quarter to global payments volume and robust transactions growth, which increased 13% and 11%, respectively. In addition, Visa authorized a new $1 billion share buyback program, and said it's \""prepared to deliver on our financial goals\"" in the face of a \""new regulatory landscape.\"" Crocs, Inc. (CROX - 26.76) said second-quarter profit rose to $55.5 million, or 61 cents per share, from a year-ago profit of $32.3 million, or 37 cents per share. Revenue for the quarter increased to $295.6 million from $228 million a year ago. The results handily topped expectations, with analysts calling for a per-share profit of 44 cents on $282.2 million in sales. Looking ahead, the shoe maker said it anticipates current-quarter earnings of about 40 cents per share on revenue of $280 million, exceeding the Street's forecast for a third-quarter profit of 32 cents per share on sales of $264.8 million. Akamai Technologies (AKAM - 29.48) reported a second-quarter profit of $47.9 million, or 25 cents per share, down 5.3% from the year-ago quarter. Excluding items, the company said it earned $65.8 million, or 35 cents per share, on revenue of $245.3 million. The figures fell short of the consensus forecast, as analysts anticipated an adjusted per-share profit of 36 cents on sales of $277.8 million. For the current quarter, AKAM said it expects to record a profit of around 31 cents to 34 cents per share on revenue of $273 million to $283 million. Wall Street, on the other hand, was calling for third-quarter earnings of 38 cents per share on revenue of $288.5 million. Earnings Preview Today's earnings docket will feature reports from: Exxon Mobil ( XOM ), Chesapeake Energy ( CHK ), Starbucks ( SBUX ), Sprint Nextel ( S ), Automatic Data Processing ( ADP ), Monster Worldwide (MWW), Bristol Myers Squibb (BMY), Boston Scientific (BSX), MetLife (MET), DR Horton (DHI), and M/I Homes (MHO). Keep your browser at SchaeffersResearch.com for more news as it breaks. Economic Calendar Today's docket includes the usual update on weekly jobless claims, as well as pending home sales for May.The week's marquee economic report -- the advance estimate of second-quarter gross domestic product (GDP) -- hits the Street on Friday. Also on the day's docket are the Chicago PMI and the final Reuters/University of Michigan consumer sentiment index for July. Market Statistics Equity option activity on the Chicago Board Options Exchange (CBOE) saw 1,156,597 call contracts traded on Wednesday, compared to 771,200 put contracts. The resultant single-session put/call ratio docked at 0.67, while the 21-day moving average remained at 0.63. The summer 2011 issue of SENTIMENT magazine is now available here. Overseas Trading Bears grabbed the reins in Asia today, as traders took their cues from a red ink-soaked session on Wall Street. Rising anxiety about a potential U.S. debt default inspired selling across the region, while higher risk aversion propped up the yen -- creating an additional headwind for Japanese exporters. However, Hong Kong's benchmark index managed a minor gain, thanks to strength in real estate and utility issues. By the close, the Hang Seng added 0.1%, China's Shanghai Composite fell 0.5%, South Korea's Kospi shed 0.9%, and Japan's Nikkei tumbled 1.5%. Stocks in Europe have also started the day on a negative note, with anxiety running high ahead of the looming U.S. debt-ceiling deadline. Against this backdrop, a round of lackluster earnings from the likes of Credit Suisse, BASF, and Alcatel-Lucent have only served to embolden the bears. At last check, the German DAX is down 1.5%, the French CAC 40 is off 1.2%, and London's FTSE 100 is 0.6% lower. Currencies and Commodities Crude futures have continued to backpedal this morning, as the ongoing U.S. debt situation has ebbed demand for oil. Meanwhile, Wednesday's report on weekly petroleum inventories revealed a 2.3 million-barrel increase in supplies, defying expectations for a drop. Against this backdrop, crude futures are hovering 0.1 point, or 0.1%, lower, at $97.26 per barrel. Meanwhile, after a rough session on Wednesday, gold is hovering just above breakeven this morning, tacking on 0.5 point, or 0.03%. Finally, despite an uncertain economic backdrop, the dollar has tacked on fractional gains this morning, adding 0.2 point, or 0.3%. Unusual Put and Call Activity: For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations . Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up here for free daily delivery, straight to your inbox, before the opening bell. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Sees Profit Rise"", ""Automatic Data Reports Q2 EPS $0.48 vs $0.49 Est; Revenues $2.51B vs $2.44B Est""]" ADP,2011-07-29,34.6959,34.9375,34.3162,34.5894,"[""What Investors Should Know About Apple but Often Don't"", ""7 Fortune 500 Companies That Are Hiring: Time to Jump in and Buy?"", ""15 Safe Dividend Kings for This Summer: Part 1"", ""Central Bank of Colombia Raises Rate 25bps to 4.50%"", ""15 Safe Dividend Kings for This Summer: Part 2"", ""7 'Buy Rated' Stocks Trading Under $20"", ""Trading Weekly Options to Extract Profit from Amazon (AMZN)"", ""10 Wall Street All-Stars With Money-Making Potential"", ""The Best 8 Stocks in the Dow""]" ADP,2011-08-01,34.5924,34.8931,33.7275,34.0263, ADP,2011-08-02,33.762,34.0401,33.2965,33.3241,"[""ADP Secures Multi-Year Deal With Alcoa for Sales and Use Tax Solution"", ""The New World Order of Global Sovereigns"", ""The New World Order of Global Sovereigns"", ""ADP Secures Multi-Year Deal With Alcoa for Sales and Use Tax Solution"", ""The New World Order of Global Sovereigns"", ""ADP Secures Multi-Year Deal With Alcoa for Sales and Use Tax Solution""]" ADP,2011-08-03,33.3408,33.4918,33.0066,33.3684,"US Job Cuts Hit 16-Month Peak Shutterstock photo Though Automatic Data Processing, Inc.'s ( ADP ) employment change figures gave cause for optimism today, the Challenger Job Cuts report furrowed some eyebrows. A near-60% increase in reported job cuts, year-on-year, was published earlier today by Challenger, Gray and Christmas, Inc., hitting a 16-month peak. The report supports the dismal outlook shared by many investors on Wall Street that the US economy is once more approaching recession. The Dow Jones has been trading consecutively lower these past few days and risk appetite appears to be waning. Moreover, yesterday's consumer spending reports revealed a decline in American consumption. All of which point to an economic downturn in the months ahead. Read more forex trading news on our forex blog . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2011-08-04,32.9295,33.1456,32.1662,32.1662, ADP,2011-08-05,32.4424,32.8951,31.5509,32.5153, ADP,2011-08-08,32.0045,32.3339,30.6603,30.6672,"[""S&P States that Recent US Downgrade Won't Affect Rating of these Six Top-Tier Companies: ADP, XOM, JNJ, MSFT, GE, GWW"", ""S&P States that Recent US Downgrade Won't Affect Rating of these Six Top-Tier Companies: ADP, XOM, JNJ, MSFT, GE, GWW"", ""S&P States that Recent US Downgrade Won't Affect Rating of these Six Top-Tier Companies: ADP, XOM, JNJ, MSFT, GE, GWW""]" ADP,2011-08-09,30.9424,31.5509,30.251,31.4375, ADP,2011-08-10,30.896,31.0884,30.043,30.1011, ADP,2011-08-11,30.5894,31.7935,30.259,31.4375, ADP,2011-08-12,31.5815,32.0598,31.2758,31.756, ADP,2011-08-15,31.83,32.1732,31.5765,32.1672, ADP,2011-08-16,31.8369,32.3487,31.6466,32.2255, ADP,2011-08-17,32.2995,32.549,31.8833,32.1396, ADP,2011-08-18,31.2294,31.5371,30.7885,31.19, ADP,2011-08-19,30.7698,31.613,30.7698,31.1159, ADP,2011-08-22,31.756,31.904,31.2758,31.3744, ADP,2011-08-23,31.5578,32.4562,30.3457,32.4296, ADP,2011-08-24,32.2995,32.7925,32.1328,32.7551, ADP,2011-08-25,32.9188,32.9188,32.1594,32.2146, ADP,2011-08-26,31.9947,32.7945,31.6298,32.7067, ADP,2011-08-29,32.9849,33.194,32.9435,33.186, ADP,2011-08-30,33.0677,33.6555,32.9295,33.4947,"[""Stocks Going Ex Dividend the Second Week of September"", ""Stocks Going Ex Dividend the Second Week of September""]" ADP,2011-08-31,33.6929,34.0273,33.3981,33.6091,"[""Stocks Going Ex Dividend the Second Week of September"", ""US Stock Futures Up Ahead Of Economic Data"", ""US Stock Futures Up Ahead Of Economic Data"", ""US Employment Data Spurs Risk Aversion Shutterstock photo News out of Automatic Data Processing, Inc. ( ADP ) today appears to have shifted a large number of investors back towards safe-haven assets. While private sector job growth has been on the rise for the past 14 months, the data is expressing an ominous trend that is approaching contraction. Stoking the flames this week was also a report which cited a 47% increase from this time last year in impending job cuts. Ahead of Friday's Non-Farm Payroll ( NFP ) release, this employment data may spook investors away from riskier assets, which have been seen rising this week. Employment is an important sector of the economy and any signal that it is approaching contraction - if not already there - will only heighten tensions that the economy is approaching a double-dip recession . Read more forex trading news on our forex blog . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""US Stock Futures Up Ahead Of Economic Data""]" ADP,2011-09-01,33.7363,33.9848,33.3113,33.3625, ADP,2011-09-02,32.8546,32.9829,32.4946,32.5854, ADP,2011-09-06,31.8043,32.3132,31.6298,32.2511, ADP,2011-09-07,32.544,33.1791,32.4848,33.1791, ADP,2011-09-08,33.1111,33.332,32.8556,32.9682, ADP,2011-09-09,32.6101,32.7471,31.9345,32.2314, ADP,2011-09-12,32.0814,32.7393,31.8113,32.6999, ADP,2011-09-13,32.7668,32.9682,32.4562,32.9, ADP,2011-09-14,33.0746,33.8093,32.6406,33.4355,"[""ADP Acquires Asparity Decision Solutions; Terms Not Disclosed"", ""ADP Acquires Asparity Decision Solutions; Terms Not Disclosed"", ""ADP Acquires Asparity Decision Solutions; Terms Not Disclosed""]" ADP,2011-09-15,33.8024,34.2196,33.4148,34.2136, ADP,2011-09-16,34.2955,34.6545,33.9898,34.3596, ADP,2011-09-19,33.906,34.4307,33.7747,34.2679, ADP,2011-09-20,34.3922,34.7935,34.2136,34.33, ADP,2011-09-21,34.2886,34.33,33.2481,33.2481, ADP,2011-09-22,32.401,32.8853,31.6998,32.0765, ADP,2011-09-23,31.9671,32.0952,31.5775,31.7846, ADP,2011-09-26,32.0884,32.3487,31.5835,32.3212,"[""Notable Call Options Activity in Automatic Data Processing"", ""Notable Call Options Activity in Automatic Data Processing"", ""Notable Call Options Activity in Automatic Data Processing""]" ADP,2011-09-27,32.8773,33.1062,32.4375,32.5115, ADP,2011-09-28,32.7393,32.8005,32.2403,32.2678, ADP,2011-09-29,32.7344,32.9759,32.045,32.5697, ADP,2011-09-30,32.0765,32.3733,31.8931,31.9158, ADP,2011-10-03,31.6219,32.4157,31.4454,31.4522, ADP,2011-10-04,31.1356,32.0952,31.036,32.0381, ADP,2011-10-05,32.1238,32.6742,31.6416,32.5904,"[""UPDATE: U.S. Private-Sector Employment Increased by 91K Jobs in September, According to ADP National Employment Report"", ""UPDATE: U.S. Private-Sector Employment Increased by 91K Jobs in September, According to ADP National Employment Report"", ""Opening View: Futures Flat as Wall Street Digests Pre-Payrolls Unemployment Reports Shutterstock photo Stocks are hovering close to breakeven this morning, as Wall Street awaits a three-session onslaught of unemployment data. Already this morning, the folks at Challenger, Gray & Christmas said the number of planned layoffs at U.S. firms rose to the highest level since April 2009 last month. Specifically, employers announced 115,730 planned pink slips in September -- more than twice the total of August, and roughly three times that of September 2010. Elsewhere, investors are still bracing for the latest data from Automatic Data Processing ( ADP ), which should provide further clues ahead of Uncle Sam's highly anticipated nonfarm payrolls report, slated for release on Friday. Against this cautious backdrop -- and despite a rally in Europe -- futures are mixed, with the Dow Jones Industrial Average (DJIA) lingering about 15 points south of breakeven, and the broader S&P 500 Index (SPX) trading fractionally higher ahead of the bell. In earnings news, Acme Packet (APKT - 42.83) warned last night that it now expects an adjusted third-quarter profit of 20 cents to 22 cents per share, with revenue arriving near $70 million. The preliminary results fell way short of Wall Street's consensus estimates, which were calling for a profit of 30 cents per share on $82.8 million in revenue. \""Our third-quarter results were adversely impacted by a very large opportunity at one of the two largest service providers in North America,\"" explained President and CEO Andy Ory. \""We now expect this opportunity to close in the first half of the fourth quarter.\"" APKT is slated to report its third-quarter results in full after the market closes on Thursday, Oct. 20. In pre-market trading, APKT is pointed 14% lower. Elsewhere, Yum Brands (YUM - 49.44) banked a third-quarter profit of $383 million, or 80 cents per share, up 7.3% from its year-ago earnings of $357 million, or 74 cents per share. On an adjusted basis, YUM earned 83 cents per share, while revenue improved 14% to $3.27 billion. Analysts, on average, were looking for a profit of 83 cents per share on $3.10 billion in revenue. A stronger foothold in China saved the quarter for the fast-food behemoth, with a 19% same-store sales surge in the key emerging market offsetting a 3% decline in the U.S. Looking ahead, YUM backed its forecast for full-year earnings growth of \""at least\"" 12%, excluding items. At last check, YUM is headed for a 0.9% drop out of the gate. Finally, Global Payments (GPN - 40.85) said its fiscal first-quarter earnings rose 30% to $64 million, or 79 cents per share, from $49.4 million, or 61 cents per share, a year earlier. On an adjusted basis, GPN earned 88 cents per share. Revenue, meanwhile, grew 23% to $542.8 million. Analysts, on average, were anticipating a slimmer per-share profit of 74 cents on $518.5 million in sales. Looking ahead, GPN lifted its fiscal 2012 adjusted earnings forecast to a range between $3.46 and $3.54 per share, up from its prior outlook of $3.35 to $3.43 per share. Ahead of the bell, GPN is poised to chip away at its year-to-date deficit of 11.6%. Earnings Preview Today's earnings docket will also feature reports from Acuity Brands ( AYI ), Costco Wholesale ( COST ), Marriott International ( MAR ), Monsanto ( MON ), and Ruby Tuesday (RT). Keep your browser at SchaeffersResearch.com for more news as it breaks. Economic Calendar Employment data starts to roll in on today, with the release of ADP's private payrolls report for September. Also due out is the ISM services index for September, as well as the usual report on weekly petroleum supplies. Weekly jobless claims are the lone economic report of note on Thursday. Finally, Friday's marquee event is the Labor Department's nonfarm payrolls report for September. Also on the day's docket are wholesale inventories and consumer credit for August. Market Statistics Equity option activity on the Chicago Board Options Exchange (CBOE) saw 1,301,264 call contracts traded on Tuesday, compared to 1,013,454 put contracts. The resultant single-session put/call ratio arrived at 0.78, while the 21-day moving average was 0.73. Overseas Trading Conversely, the major European benchmarks are pointed higher at midday. Italian Prime Minister Silvio Berlusconi's office expressed a general lack of surprise at the Moody's downgrade, and traders seem to share the government's nonchalance. Instead, stocks are on the upswing after the Financial Times reported that euro-zone finance ministers are working toward a plan to recapitalize financial institutions. \""Capital positions of European banks must be reinforced to provide additional safety margins and thus reduce uncertainty,\"" said Olli Rehn, commissioner of economic and monetary affairs, in a statement to the paper. At last check, the German DAX has jumped 3.4%, the French CAC 40 is up 2.8%, and London's FTSE 100 is 2.1% higher. Currencies and Commodities The greenback has given back some of its recent gains this morning, with the U.S. dollar index down about 0.8% at last check. After falling to a one-year low on Tuesday, crude oil futures are on the rebound, thanks to a favorable supplies report. Specifically, the American Petroleum Institute last night said domestic oil supplies fell by 3.1 million barrels last week, compared to economists' expectations for an uptick in inventories. Against this backdrop, crude oil futures are up $2.35, or 3.1%, to hover just north of $78 per barrel. Meanwhile, gold futures have extended yesterday's retreat, with the precious metal last seen $4.80, or 0.3%, lower at $1,611.20 an ounce. Unusual Put and Call Activity: For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations . Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up here for free daily delivery, straight to your inbox, before the opening bell. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: U.S. Private-Sector Employment Increased by 91K Jobs in September, According to ADP National Employment Report""]" ADP,2011-10-06,32.5765,33.0322,32.2205,33.0253, ADP,2011-10-07,33.1249,33.4996,32.8773,33.0746,"5 money moves a yield-hunting trader is making now Bond expert’s tips for safety, income from unforgiving market Bond trader Abdullah Karatash points out that the corporate bond market nowadays has little tolerance for risk. In this storm, steerage-class borrowers need money the most — yet are the most unlikely to get it. Money instead is hunkered on the top deck." ADP,2011-10-10,33.5608,33.8429,33.3487,33.8221,"[""ADP Acquires The RightThing; Terms Not Disclosed"", ""ADP Acquires The RightThing; Terms Not Disclosed"", ""ADP Acquires The RightThing; Terms Not Disclosed""]" ADP,2011-10-11,33.7432,34.2196,33.6042,34.0322, ADP,2011-10-12,34.3379,34.829,34.2136,34.6683, ADP,2011-10-13,34.4523,34.5687,34.2353,34.4454, ADP,2011-10-14,34.8863,35.05,34.6239,35.0056, ADP,2011-10-17,34.7581,34.9158,34.4385,34.5213, ADP,2011-10-18,34.4385,35.1486,34.2501,35.0056, ADP,2011-10-19,34.908,35.1763,34.5834,34.6239, ADP,2011-10-20,34.8369,34.9769,34.2748,34.6308, ADP,2011-10-21,35.0283,35.3774,34.8252,35.3675, ADP,2011-10-24,35.3853,35.835,35.3537,35.6456, ADP,2011-10-25,35.5164,35.7305,35.1506,35.2472, ADP,2011-10-26,35.6161,35.6161,33.6042,34.399,"[""Automatic Data Processing Reports Q1 EPS $0.61 vs $0.61 Est; Revenues $2.5B vs $2.44B Est"", ""Higher Profit for Automatic Data Processing"", ""Automatic Data Processing Earnings Preview: Analysts Expect Higher EPS, Revenue"", ""Goldman Sachs Reiterates Neutral Rating on Automatic Data Processing"", ""Goldman Sachs Reiterates Neutral Rating on Automatic Data Processing"", ""Automatic Data Processing Earnings Preview: Analysts Expect Higher EPS, Revenue"", ""Higher Profit for Automatic Data Processing"", ""Automatic Data Processing Reports Q1 EPS $0.61 vs $0.61 Est; Revenues $2.5B vs $2.44B Est"", ""Market Wrap-Up for Oct.26 (VLO, BA, WLP, DPS, LMT, BRCM, GLD, more) It was yet another day the markets were able to mount an afternoon rally on the back of EU bailout package talks. At this point it would be an absolute shock if there wasn't some form of TARP proposal structure in place within the next few weeks. The surprise is how many rallies the markets have been able to benefit from as it is pretty much the same issues being talked about over and over again. Normal markets would have already priced in a good amount of the upside, but these markets have been tough to gauge for most traders who have tried to ride the ups and downs. As we have repeatedly seen during rallies, the volume has failed to impress and today was no exception. We are still seeing much stronger volume during down days. Something we are not ignoring. In the meantime, earnings continue to move the needle. Looking at some upside performers, Boeing ( BA ), Ace Ltd. ( ACE ), Tupperware ( TUP ), and Wellpoint Inc. ( WLP ) all notched decent gains during the session. Also moving higher on takeover speculation were shares of Valero Energy ( VLO ). On the flipside, weak earnings results pushed some of the names we were watching to the downside. Heading lower were shares of DeVry ( DV ), Dr. Pepper Snapple Group ( DPS ), CH Robinson Worldwide ( CHRW ), Automatic Data Processing ( ADP ), Lockheed Martin ( LMT ), and Broadcom ( BRCM ). Speaking of recent recommendation LMT, the defense giant did come in nicely ahead of analyst expectations and raised guidance a touch as well. The concern remains centered around future defense budgets, but we still see the stock as attractive, even after today's pullback. Gold ( GLD ) prices broke back above the $1700 mark as bailout talks continue to push investors into believing the ECB will follow the printing press solution to the current debt crisis. Focus is Key in Business and Investing I'm often asked about my feelings on how to build a successful brand. In my many years of being an entrepreneur, I've come to realize that focus is the main indicator of success. Focus on what your product is before you even start a business. Focus on how you will be better than your competition. Focus on staying true to yourself and your purpose. Focus on solving the problems that you face as your company grows. Focus on being accountable, during both successes and failures. Focus on refining one product as best as you possibly can before even considering another product, service, or business. The \""all things to all people\"" model is nearly impossible to pull off, especially if you're looking at a short timeline. Only companies that are well-established can sell a wide variety of products and services. I tip my cap to Amazon.com ( AMZN ) for staying the course as they refined the parts of their business that have led to them expanding their model. Realize, though, that Amazon expanded their offerings only after they proved their worth as a niche retailer of books. Remember, you've got to walk before you can run. At Dividend.com, we've considered other ideas for investing services (ETF ratings, asset management, Dividend.com ETF, etc.). In the end, however, our focus remains squarely on dividend investing, and on building our successes with new offerings in the dividend space. Speaking of investing, I always try to keep readers focused on building wealth. Along the way, we face the lure of quick profits from trading the \""next big thing.\"" Business media is very pervasive these days, and they're all too eager to sell you on momentum fads that come and go. I was a trader once myself. To be successful, I had to sacrifice an incredible amount of time each day to my research. Twelve hours a day, seven days a week. That's what it takes to profit consistently in day trading. I can safely say the odds are stacked against anyone who thinks they can pop in and pop out whenever they want and make some \""fast money\"" in the markets. Avoid trying to keep a daily score with your portfolio. Instead, focus on the long term and putting compound interest to work for you. More on Compound Interest Warren Buffett had a great snippet in his annual shareholder letter recently. Get this: within the next 10 years, Berkshire Hathaway ( BRK-A ) will start collecting more annually in dividend payouts per year from Coca-Cola ( KO ) than their actual original investment. Granted, Warren Buffett owns nearly 9% of the outstanding shares of Coca-Cola, but this anecdote reminds us all how great of an asset compound interest is. Dividend Increases Ramping Up In case you missed it, we saw a plethora of companies raise their dividend payouts yesterday. Be sure to check out our post running down all those changes . A Dividend Capture Strategy for Active Investors We now offer complete U.S. dividend data for all Dividend.com Premium members, so anyone that focuses on \""Dividend Capture\"" trading strategies should have plenty of good stuff to research each day. Just check our enhanced Ex-Dividend Calendar , which is the best in the business, to search for upcoming payouts. Speaking of dividend capture, Dividend.com Premium members can also access a 9 page report we published on the essential elements to any successful dividend capture strategy. Be sure to check it out here on the Premium homepage . Thanks for reading everybody. I'll see you tomorrow! Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Goldman Sachs Reiterates Neutral Rating on Automatic Data Processing"", ""Automatic Data Processing Earnings Preview: Analysts Expect Higher EPS, Revenue"", ""Higher Profit for Automatic Data Processing"", ""Automatic Data Processing Reports Q1 EPS $0.61 vs $0.61 Est; Revenues $2.5B vs $2.44B Est"", ""Stocks to watch Wednesday: IBM, Amazon, Boeing Tech-sector earnings are back in the spotlight, as a handful of companies also announce developments regarding dividends and share repurchases.""]" ADP,2011-10-27,35.2057,35.8064,35.05,35.7176,"[""JP Morgan Raises PT on Automatic Data Processing to $58"", ""Oppenheimer Maintains Perform Rating on Automatic Data Processing"", ""UPDATE: JP Morgan Raises PT to $58 on Automatic Data Processing"", ""UPDATE: JP Morgan Raises PT to $58 on Automatic Data Processing"", ""Oppenheimer Maintains Perform Rating on Automatic Data Processing"", ""JP Morgan Raises PT on Automatic Data Processing to $58"", ""UPDATE: JP Morgan Raises PT to $58 on Automatic Data Processing"", ""Oppenheimer Maintains Perform Rating on Automatic Data Processing"", ""JP Morgan Raises PT on Automatic Data Processing to $58""]" ADP,2011-10-28,35.5608,35.7787,35.3675,35.6022, ADP,2011-10-31,35.2817,35.9484,35.1633,35.4178, ADP,2011-11-01,34.689,34.8931,34.1545,34.3122, ADP,2011-11-02,34.4523,34.7442,34.1614,34.4859,"U.S. stocks rise after 2-day rout, Fed and ADP Wall Street applauds private-sector jobs report, Fed comments U.S. stocks tally sizeable gains for the first day in three Wednesday after the Federal Reserve noted the economy strengthened in the third quarter, an industry report found better-than-expected jobs growth in October and worries about the latest upset in the European Union ebbed." ADP,2011-11-03,34.7304,35.4514,34.5313,35.2955, ADP,2011-11-04,35.052,35.1229,34.5577,34.9494, ADP,2011-11-07,34.8439,35.1486,34.5607,35.0578, ADP,2011-11-08,35.3853,35.7985,34.9494,35.7719,"[""ADP Boosts Dividend by 10%"", ""ADP Boosts Dividend by 10%"", ""ADP Boosts Dividend by 10%""]" ADP,2011-11-09,35.1792,35.1792,34.2373,34.3823,"[""Carlos A. Rodriguez Promoted to CEO of ADP"", ""Carlos A. Rodriguez Promoted to CEO of ADP"", ""Carlos A. Rodriguez Promoted to CEO of ADP""]" ADP,2011-11-10,34.8517,34.8666,34.3498,34.6466, ADP,2011-11-11,34.9542,35.3607,34.9158,35.3074, ADP,2011-11-14,35.191,35.2669,34.8252,34.9542,"[""Intuit Earnings Preview: Analysts Expect Rising Revenue, Falling EPS"", ""Intuit Earnings Preview: Analysts Expect Rising Revenue, Falling EPS"", ""Intuit Earnings Preview: Analysts Expect Rising Revenue, Falling EPS""]" ADP,2011-11-15,34.8369,35.5678,34.7728,35.4987, ADP,2011-11-16,35.1279,35.3991,34.4138,34.4711, ADP,2011-11-17,34.3044,34.3863,33.6179,33.8666,"How to own a triple-A portfolio Commentary: Outperform market with Band-Aids, petrol, fast trains Just eight companies have earned a triple-A rating, and those eight have delivered above-average returns with very low risk, says Ben Weiss." ADP,2011-11-18,34.0332,34.0687,33.6792,33.7669,"Got Volatility? Build a Buffett-Style Portfolio Market volatility calls for a disciplined strategy, says Eric Schoenstein, a portfolio manager with the Jensen Quality Growth Fund, who invests in the type of stable, cash-rich companies that Warren Buffett favors. Interview with MarketWatch's Jonathan Burton." ADP,2011-11-21,33.5529,33.5529,33.0371,33.3379,"[""Recession Less Likely as Businesses Go on Shopping Spree"", ""Recession Less Likely as Businesses Go on Shopping Spree"", ""Recession Less Likely as Businesses Go on Shopping Spree""]" ADP,2011-11-22,33.2007,33.2481,32.8626,33.0105, ADP,2011-11-23,32.7521,32.7945,32.3339,32.393, ADP,2011-11-25,32.3695,32.6377,32.2146,32.4464, ADP,2011-11-28,32.8556,33.2137,32.8222,33.0933,"[""Goldman Sachs Reiterates Neutral, $50 PT on Automatic Data Processing"", ""Goldman Sachs Reiterates Neutral, $50 PT on Automatic Data Processing"", ""Goldman Sachs Reiterates Neutral, $50 PT on Automatic Data Processing""]" ADP,2011-11-29,33.0746,33.2224,32.8546,33.0056, ADP,2011-11-30,33.8566,34.6328,33.7126,34.5854,"[""Two Great Dividend Payers With Dividend Growth Above 15%"", ""Two Great Dividend Payers With Dividend Growth Above 15%"", ""Two Great Dividend Payers With Dividend Growth Above 15%""]" ADP,2011-12-01,34.5984,34.9494,34.4829,34.8586,"Stock Market News for December 1, 2011 - Market News On Wednesday, the Dow recorded its largest rally since March 2009 after coordinated action by the central banks to ease the cost of borrowing in dollars helped the markets gain over 4%. Encouraging domestic economic data also chipped in to add to the gains and the fear-gauge index slipped well below the technical level of 30. On a day when the benchmarks looked determined to soar higher, the Dow Jones Industrial Average (DJIA) recorded its seventh-largest rally ever, gaining 490 points or 4.2% to finish the day at 12,045.68. The Standard & Poor 500 (S&P 500) increased by 4.3% to soar to 1,246.96 by the end of the trading session. The Nasdaq Composite Index leapt 4.2% and closed the day at 2,620.34. The fear-gauge CBOE Volatility Index (VIX) is back below the key level of 30 and it settled below 28 yesterday. The Street had a busy day after a few sessions with low volumes and consolidated volumes on the New York Stock Exchange, Amex and Nasdaq were 10 billion shares, substantively higher than the daily average of 7.96 billion shares. On the NYSE, for seven stocks that advanced, just one stock traded lower. The day's gains pushed the Dow back into the positive territory for the year and it is up 4% year to date. However, the gains were not enough to wipe away the losses the benchmarks had suffered this month and while the Dow ended up 0.6% for the month, the S&P 500 and Nasdaq were down 0.5% and 2.3%, respectively. Coming back to the year-to-date performance, the S&P 500 and Nasdaq are down 0.9% and 1.2%, respectively. If the Dow surged by about 500 points, it is almost certain that all of its 30 components would enjoy a green finish. Stocks that led the race were Alcoa, Inc. (NYSE: AA ), Bank of America Corporation (NYSE: BAC ), Caterpillar Inc. (NYSE: CAT ), Chevron Corporation (NYSE: CVX ), General Electric Company (NYSE: GE ), JPMorgan Chase & Co. (NYSE: JPM ), Walt Disney Co. (NYSE: DIS ) and Cisco Systems, Inc. (NASDAQ: CSCO ) and they jumped 7.6%, 7.3%, 8.1%, 5.6%, 6.6%, 8.4%, 5.4% and 5.4%, respectively. Coordinated action by the world's central banks to reduce the cost of dollar funding though swap arrangements was the major reason behind the market's gains. The European Central Bank, the Central Bank of Canada, and also those of the U.K., Japan and Switzerland provided much needed relief to global markets. The banks stated that the step was taken in order to ""ease strains in financial markets and thereby mitigate the effects of such strains on the supply of credit to households and businesses and so help foster economic activity"". Separately, for the first time ever since 2008, China lowered cash reserve requirements for its banks. The People's Bank of China (PBOC) lowered the bank reserve requirements by 50 basis points. The move reflects an easier monetary policy, contrary to the Chinese central bank's policy of monetary tightening. A host of encouraging domestic economic data also added to the momentum. An increase in hiring, higher home sales and the Fed's Beige Book's suggestion of a moderate pace of economic expansion boosted investor sentiment. According to data by Automatic Data Processing, Inc. (NASDAQ: ADP ) the private sector added a seasonally adjusted 206,000 jobs in November, the largest increase in hiring since December 2010. The gains were boosted by the service-producing sector and small businesses. Separately, the National Association of Realtors (NAR) reported a strong increase in pending home sales in October as the Pending Home Sales Index jumped 10.4% to 93.3 in October from 84.5 in September. According to NAR chief economist, Lawrence Yun: ""Many consumers are recognizing that home buyers in the past two years have had one of the lowest default rates in history. Moreover, continued inventory declines are another healthy sign for the housing market"". Separately, the Fed's Beige Book stated: ""Overall economic activity increased at a slow to moderate pace since the previous report across all Federal Reserve Districts except St. Louis, which reported a decline in economic activity"". Additionally, The Chicago Purchasing Managers Index, a regional indicator of the economic health of the manufacturing sector in Illinois, Indiana and Michigan, reported a rise in manufacturing activity to 62.6, which topped consensus estimates of 58.4. ALCOA INC ( AA ): Free Stock Analysis Report AUTOMATIC DATA ( ADP ): Free Stock Analysis Report BANK OF AMER CP ( BAC ): Free Stock Analysis Report CATERPILLAR INC ( CAT ): Free Stock Analysis Report CISCO SYSTEMS ( CSCO ): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2011-12-02,35.194,35.2758,34.5814,34.7226, ADP,2011-12-05,35.2758,35.5292,35.0362,35.263, ADP,2011-12-06,35.263,35.5095,35.2541,35.2955,"Paychex Mobile App for iPad - Analyst Blog Paychex Inc. ( PAYX ) has introduced a software-as-a-service (SaaS) application that is tailor-made for Apple Inc. 's ( AAPL ) iPad. We believe that the launch of this product will give the ace payroll, human resource, and benefits outsourcing solutions provider support to fight its rivals, Automated Data Processing Inc. ( ADP ) and Intuit Inc. ( INTU ), whose SaaS-based mobile solutions have already gained share in the market. The newest member of the SaaS-suite, Paychex Online Mobile application is a free, highly secure and easy-to-use app. The app will navigate the user to an advanced landing page and open up a message center. The landing page will display information regarding the full range of products and services offered by Paychex. Moreover, the app will allow users to access and make changes to their 401(k) and flexible spending account ( FSA ) information from an iPad. The app is expected to gain traction as it will offer greater flexibility than desktop PCs. Another important thing is that the user registered with Online Payroll Services need not opt for additional user name or password for logging into the iPad app. Moreover, the app features a ""Report Favorite"" section, where users can save and browse their frequently used products. The acquisition of SaaS payroll solution provider SurePayroll Inc. was a game changer for Paychex. The acquisition helped Paychex to offer SaaS-based solutions, which should facilitate users in processing their payroll through either a web-browser or iPhone applications. Paychex was lagging in this section as both of its rivals were gaining ground through strategic SaaS acquisitions. Both Automated Data Processing and Intuit kick started their SaaS strategy with major acquisitions in 2009. Intuit acquired Mint.com and PayCycle, while Automated Data Processing acquired HRinterax. Company officials have high expectations from this launch. But we think that grabbing market share from its rivals will not be easy, as each company has years of exposure in the SaaS marketplace. Moreover, we remain somewhat concerned about high unemployment and inflation rates within the small and medium business ( SMB ) group. Paychex is highly dependent on the performance of the SMB sector and this is the reason the company may not see much revenue growth in the near term. Limited margin expansion due to continued investments in diverse fields also keeps us concerned. Paychex has a Zacks # 4 Rank, implying a short-term Sell recommendation. APPLE INC ( AAPL ): Free Stock Analysis Report AUTOMATIC DATA ( ADP ): Free Stock Analysis Report INTUIT INC ( INTU ): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2011-12-07,35.3163,35.759,34.7718,35.5815, ADP,2011-12-08,35.4168,35.6732,35.1289,35.2009, ADP,2011-12-09,35.3882,35.98,35.3882,35.7916, ADP,2011-12-12,35.5519,35.6151,35.0924,35.3103, ADP,2011-12-13,35.5224,35.7847,34.8931,35.0874, ADP,2011-12-14,35.0223,35.3221,34.7718,34.8586, ADP,2011-12-15,35.0805,35.2284,34.7866,34.9001, ADP,2011-12-16,34.9779,35.5164,34.9238,35.2817,"IBM to Acquire Emptoris - Analyst Blog International Business Machines Corp. (IBM) recently announced that it is all set to acquire privately held Emptoris Inc., a leading developer of supply and contract management software. Although the financial terms were not disclosed, the acquisition is expected to be completed by the first quarter of 2012. Based in Burlington, Massachusetts, Emptoris' solutions include cloud-based and on-premise analytical tools that specialize in procurement and supply chain operations. The Emptoris acquisition also complements IBM's supply chain management business process outsourcing services, offered through IBM's Global Process Services organization. Emptoris solutions cater to a number of industries including consumer products, financial services, healthcare, telecommunications, chemical/oil/gas, utilities, construction and industrial manufacturing. Emptoris possesses a strong client base of more than 350 customers including the likes of American Express Co. (AXP) , Automatic Data Processing Inc. (ADP) , Kraft Foods Inc. (KFT) and Samsung America. The acquisition is a part of IBM's ""smarter commerce"" initiative, which seeks to help businesses adapt to shifting customer buying patterns. Emptoris is IBM's second acquisition this month and fifth acquisition in a span of three months. Previously, in the first week of December, IBM announced the acquisition of DemandTec Inc., a cloud-based analytics solutions provider. IBM launched its Smarter Commerce initiative in March 2011 to capitalize on what the company sees as a $20.0 billion market opportunity and has pursued accretive acquisitions in order to realize this opportunity. The recent acquisition is expected to expand IBM's Smarter Commerce portfolio, complementing its business-to-business integration and supply chain management capabilities going forward. IBM forayed into the supply chain management segment with the $1.4 billion acquisition of Sterling Commerce in 2010. IBM expects the acquisitions to be incrementally beneficial for the company in reaching its 2015 goals. IBM's growth initiatives, such as smarter planet and industry frameworks, growth markets, business analytics, and optimization and cloud computing have driven significant growth and generated high profit margins for the company. These initiatives are expected to deliver at least $50 billion in revenues by fiscal 2015. Moreover, the company expects to generate smarter planet and business analytics revenues of $10.0 billion and $16.0 billion, respectively, by 2015. Additionally, cloud computing is expected to deliver revenues of $7.0 billion by 2015. We believe that the strong cash balance enables IBM to acquire companies with the intellectual property required to drive further growth for the company. With $20 billion to spend till 2015 on acquisitions, we expect IBM to continue with its strategy. In the process, IBM would expand its product portfolio and increase its global scale. We have a long-term Neutral recommendation on IBM. Nonetheless, we are optimistic about its strong fundamentals and robust growth prospects going forward. We therefore have a Zacks #2 Rank for IBM, which translates into a short-term 'Buy' rating. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report AMER EXPRESS CO ( AXP ): Free Stock Analysis Report INTL BUS MACH ( IBM ): Free Stock Analysis Report KRAFT FOODS INC ( KFT ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2011-12-19,35.3645,35.7176,34.9779,35.0924,"Earnings Preview: Paychex Inc. - Analyst Blog Paychex Inc. ( PAYX ) is scheduled to announce its second quarter fiscal 2012 results on December 20, and we notice no movement in analyst estimates at this point. First Quarter Overview Paychex delivered decent first quarter 2011 results, with earnings of 41 cents per share beating the Zacks Consensus Estimate by 3 cents. The quarter's results indicated an improving client retention rate and higher checks per client, but lower sale of new units remained an overhang. Paychex' first quarter revenues grew 8.6% year over year, backed by increases of 16.6% in Human Resource Service revenue and 6.0% in Payroll Service revenue. A modest revenue growth and better cost management led to operating margin expansion of 340 basis points year over year. Nevertheless, Paychex seemed to be a bit cautious about the fiscal 2012 guidance. Keeping in view the current market and economic condition, Paychex believes that checks per client will moderate through fiscal 2012, impacting quarterly comparisons for both Payroll Service and Human Resource Service revenues. Moreover, Paychex believes that the favorability in expenses realized in the first quarter may not be realized throughout fiscal 2012 due to the planned investments in its business. For more details of first quarter earnings, please visit: Cheerful First Quarter for Paychex Agreement of Analysts Out of the 18 and 20 analysts providing estimates for the second quarter and fiscal 2012, respectively, none made any revision in the last thirty days. Also, no change was noticed in the estimates provided for fiscal 2013. But some analysts prefer to remain cautious based on management's commentary regarding the sluggishness in new small-business formation. Moreover, a few analysts think that aggressive pricing from Automated Data Processing Inc. ( ADP ) is stealing customers away from Paychex. The time difference between when the company receives payments from its clients and pays it out to employees typically earns some interest for Paychex. Now, with the government contemplating lower interest rates, this quick income stream of the company will also be restricted. Magnitude of Estimate Revisions There was no change to the Zacks Consensus Estimate for the second quarter or fiscal 2012 over the past 30 days. However, the Zacks Consensus Estimate for fiscal 2012 inched up a penny to $1.51 in the past ninety days. Recommendation The market is losing confidence on the growth of the small and medium business ( SMB ) group. The sector is being hit hard by lackluster demand that comes on the heels of high unemployment and inflation rates. Outsourcing companies like Paychex are highly dependent on the performance of the SMB sector and this is the reason why the company may not see much revenue growth. However, we are encouraged by management's positive commentary regarding continued investments in product development and synergies from the recent acquisition. We also believe that cost control will play an important role for Paychex, going forward. Though new business wins in the SMB sector will remain a constant worry, we believe that Paychex can benefit from the improvement in the U.S. employment situation. Hence, considering the situation and keeping in mind Paychex' consistency in delivering impressive results and zero European exposure, we expect a constructive quarter ahead. Paychex has a Zacks # 2 Rank, implying a short-term Buy recommendation. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2011-12-20,35.6663,36.6723,35.6525,36.5787, ADP,2011-12-21,36.5303,36.7471,36.0165,36.5914,"Paychex Beats Despite SMB Slowdown - Analyst Blog Paychex Inc. ( PAYX ) reported second-quarter fiscal 2012 earnings of 39 cents per share, beating the Zacks Consensus Estimate by a penny. The quarter's results indicate slow recovery in the small and medium business ( SMB ) sector. Paychex is highly dependent on the performance of the SMB sector. The sector is being hit hard by lackluster demand due to high unemployment and inflation rates. Shares decreased 1.62% in after-market trade. Revenues Paychex reported second-quarter 2012 revenues of $545.7 million, up 6.6% from $512.0 million reported in the year-ago quarter. The upside can be attributed to year-over-year growth in both checks processed per client and the HR services client base. Payroll Service segment revenue increased 4.8% from the year-ago quarter to $371.7 million, attributable to the contribution from SurePayroll Inc., acquired in February. Excluding the SurePayroll contribution, Payroll revenue would have grown only 3.0%. Continued increase in checks processed per client as well as revenue per checks also aided the growth. But the growth was not at par with the historical trend. Moreover, the increase in new unit sales was sluggish, due to the limited number of new companies commencing business during the quarter. The Human Resource Services segment generated $163.3 million in revenues, up 12.5% from the prior-year quarter. The improvement was partly based on the contribution from ePlan Services, which was acquired in May. Excluding ePlan, Human Resource Services' revenue growth would have been 10.0%. The number of client employees served and the number of clients grew during the quarter, contributing to the improvement. Moreover, demand for a new product, HR Essentials, also added to the segment's revenue growth. Operating Results In the second quarter, Paychex incurred total operating expense of $327.8 million, up 6.4% from the year-ago quarter. The rise was mainly due to acquisition-related costs as well as the company's continued efforts to train sales personnel, provide better customer service and enhance technological infrastructure. Operating income was $217.9 million, up 6.9% from the year-ago period, attributable to modest revenue growth and better cost management. Operating margin grew 640 basis points year over year to 41.7%. Net income of $140.4 million in the reported quarter reflected a 4.9% increase from $133.9 million in the prior-year quarter. Net income per diluted share was 39 cents compared with 37 cents in the year-ago quarter. There was no one-time item during the quarter. Balance Sheet & Cash Flow Paychex exited the second quarter with cash and cash equivalents of $96.1 million, down from $113.1 million at the end of the prior quarter. Corporate investments decreased $57.0 million sequentially to $315.0 million. Additionally, interest on funds held for clients decreased 10.8% year over year to $10.7 million as a result of lower average interest rates earned, partially offset by an increase in average investment balances. Paychex has no long-term debt. Cash from operations was $110.0 million compared to $187.2 million in the prior quarter. Capital expenditures were $23.9 million compared to $20.2 million in the prior quarter. Guidance Keeping in view the current market and economic conditions, Paychex believes that checks per client will moderate through fiscal 2012, impacting quarterly comparisons for both Payroll Service and Human Resource Services revenues. Moreover, the favorability in expenses realized in the second quarter may not be realized throughout fiscal 2012 due to the planned investments in its business. Hence, Paychex reaffirmed its full-year guidance. For fiscal 2012, Paychex expects a 5-7% increase in Payroll Service revenues compared to the year-ago quarter. Human Resource Services revenues are expected to increase in the range of 12.0% to 15.0%. Total service revenue is likely to grow in the range of 7% to 9%. The company expects a 12-14% decline in interest on funds held for clients and a roughly 2% increase in net investment income. Interest on funds held for clients and investment income for fiscal 2012 are expected to be impacted by the low interest rate environment. However, investment of cash generated from operations is expected to continue, increasing investment income. Net operating income is expected in the range of 35-36% of total service revenue. The effective tax rate is expected to be in line with the second quarter and net margin is projected at between 5% and 7%. The guidance for fiscal 2012 includes anticipated results from Paychex' recent acquisition of SurePayroll Inc. and its ePlan Services. The acquisitions are expected to have an approximately 2% positive impact on revenue, nonetheless resulting in earnings dilution of around 1 cent per share due to amortization on acquired intangible assets and some one-time acquisition costs. Our Take Paychex' second quarter results were modest, with the bottom line exceeding the Zacks Consensus Estimate by mere a penny. We are also positive on management's positive commentary regarding continued investments in product development and synergies from the recent acquisition. We also believe that cost control will remain a catalyst for Paychex, going forward. Though new business wins in the SMB sector and stiff competition from Automated Data Processing Inc. ( ADP ) and Administaff Inc. will remain a constant worry, we believe that Paychex can benefit from the improvement in the U.S. employment situation and zero European exposure. Paychex has a Zacks # 2 Rank, implying a short-term Buy recommendation. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2011-12-22,36.6595,36.8103,36.4741,36.7167, ADP,2011-12-23,36.831,37.0678,36.7019,37.054, ADP,2011-12-27,36.9809,37.199,36.8389,37.1309, ADP,2011-12-28,37.1634,37.1703,36.551,36.696,"[""Paychex's New Tax Solution for SMB - Analyst Blog Paychex Inc. ( PAYX ) has recently introduced two new tools that aim at solving certain tax credit related problems for the small and medium businesses (SMBs). The tools, namely Small Business Tax Credit Estimator and Small Business Tax Credit Package, have been innovated by Paychex Insurance Agency, a wholly owned subsidiary of Paychex. SMBs offering health insurance to their employees are likely to receive certain tax benefits by way of tax credits. These tools will be of immense importance for them to calculate tax credits arising from payment of health insurance premiums. The first tool is a free web-based tool and can be accessed through the website PaychexInsurance.com. The tool follows the IRS (Internal revenue Service) guidelines and based on employees' hours, wages, premiums, and employer contributions, it helps to calculate the estimated credit. Using the second tool, small business owners can assess their eligibility to receive the tax credit and thereby they can file for the same, if found eligible. However, to reap the benefits of the package for the 2012 calendar tax year, business owners have to be a Paychex payroll and Paychex Insurance Agency client for the entire 2012 calendar year. It can be seen that both the tools are not directly linked to revenue generation. But this might bring a light of hope for the company by way of winning new businesses from the SMB sector. The SMB sector is being hit hard by lackluster demand due to high unemployment and inflation rates. Paychex is highly dependent on the performance of the SMB sector and this is the reason the company may not see much revenue growth in the near term. Despite the concern in the SMB sector, Paychex delivered modest second quarter results by marginally beating the Zacks Consensus Estimate on bottom line. Moreover, we are encouraged by Paychex' endeavour to introduce a software-as-a-service (SaaS) application that is tailor-made for Apple Inc. 's ( AAPL ) iPad. With this, the ace payroll, human resource, and benefits outsourcing solutions provider will be able to compete its rivals, Automated Data Processing Inc. ( ADP ) and Intuit Inc. ( INTU ), whose SaaS-based mobile solutions have already gained decent market share. Paychex has a Zacks # 3 Rank, implying a short-term Hold recommendation. APPLE INC ( AAPL ): Free Stock Analysis Report AUTOMATIC DATA ( ADP ): Free Stock Analysis Report INTUIT INC ( INTU ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Time decay is key to ADP put selling One investor apparently thinks that there is free money in Automatic Data Processing. optionMONSTER's tracking systems detected the sale of almost 4,000 May 38 puts on the payroll-processing company. Most of the blocks priced for $0.25, and volume was more than 100 times open interest in the strike. The trades are designed to earn small profits over the passage of time . If the shares remain above $38 for the next five months, the puts will expire worthless and the investor will keep the credit. The put seller is probably confident that it will stay above that level because ADP tends to be a very slow-moving stock. It would also have to fall through a major support level at $45 and a key low established in August 2010. Given those considerations, the investor appears to believe that it's a safe bet writing protection at the $38 level. The trade is an example of how investors can us options to make money from time decay , rather than a directional move. (See our Education section) With ADP near a 52-week high, the trader sees this as a better strategy than shelling out cash to buy stock at these levels. Shares closed at $54.44 yesterday, up 0.2 percent. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright \u00a9 2010 OptionMonster\u00ae Holdings, Inc. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2011-12-29,36.831,37.1703,36.7818,37.0678, ADP,2011-12-30,37.0342,37.2522,36.8162,36.8389, ADP,2012-01-03,37.4435,37.5125,37.1022,37.1446, ADP,2012-01-04,37.1566,37.2334,36.9148,37.1022, ADP,2012-01-05,37.1446,37.4839,37.0106,37.3784,"[""UPDATE: U.S. Private-Sector Employment Increased by 325,000 Jobs in December -ADP"", ""UPDATE: U.S. Private-Sector Employment Increased by 325,000 Jobs in December -ADP"", ""Business Software & Services Companies Hedge Funds are Buying"", ""Business Software & Services Companies Hedge Funds are Buying"", ""UPDATE: U.S. Private-Sector Employment Increased by 325,000 Jobs in December -ADP"", ""UPDATE: U.S. Private-Sector Employment Increased by 325,000 Jobs in December -ADP"", ""Good News for U.S. Labor Market - Analyst Blog Positive domestic data and the resumption of Europe-centric negative headlines will be pushing stocks in opposite directions today. France held an overall successful bond auction, though yields inched up a bit. But Euro-zone worries are getting focused on the region's banks, which need to tap the capital markets to spruce up their battered capital positions. The Spanish government announced that the country's banks need to raise \u20ac50 billion in fresh capital, while Italy's UniCredit was forced to offer steep discounts in its bid to raise to \u20ac7.5 billion in equity capital. Wednesday's modestly positive stock market finish despite no shortage of Euro-zone issues holds promise that the market may be able to eke out further gains today on the strength of reassuring domestic news flow. The focus on the domestic front shifts to the labor market today, where we saw two better-than-expected readings this morning in the weekly Initial Jobless Claims and the December National Employment Report from payroll processor, Automatic Data Processing ( ADP ). The ADP report came in significantly better than expected, with 325K jobs created in December, almost double the expected 175K level. The prior month's tally was modestly revised downwards to 204K from the originally reported 206K level. The ADP report is supposed to serve as a preview of the official monthly jobs numbers from the Bureau of Labor Statistics (BLS) that comes out this Friday. Today's ADP report is way ahead of market expectations for private-sector jobs in Friday's BLS report. If the ADP report is any indication of things to come on the labor market front, then we will likely get a blockbuster number on Friday. We have to keep in mind, though, that ADP's track record in foretelling the BLS numbers on a month-to-month basis is less than perfect. We will have to wait till Friday to know the forecast accuracy of today's report. Overall, though, this report is expected to cause expectations for Friday's BLS report to go up. The Jobless Claims data also came in better than expected, with initial claims dropping by 15K in the last week of 2011 to 372K. The prior-week's tally was increased by 6K to 387K from 381K. The four-week average dropped by 3.2K to 373.2K. The continued drop in Jobless Claims in recent weeks and today's strong ADP provide unmistakable evidence of an improving U.S. labor market. Naysayers will likely question the unusual strength in this morning's ADP reading, citing similar strength in this series in December in the last two years. In fact, the December ADP readings were the strongest monthly gains in 2009, 2010 and now in 2011. That said, the ADP strength is not some isolated and outlier data that is uncorroborated by other reports. The downtrend in the weekly claims data aside, we saw similar strength in the employ component of the December manufacturing ISM survey. And today's non-manufacturing ISM report, coming out a little later, is expected to show a similar positive trend. The bottom line is that the strong ADP reading may be due to seasonal corporate bookkeeping. But it nevertheless reflects the same developments that we are seeing in other economic reports as well. In corporate news, we have a negative earnings pre-announcement from Tesoro ( TSO ), with the independent refiner citing a weak margin environment in California. The Children's Place ( PLCE ) also lowered its outlook for the fourth quarter, with aggressive markdowns and high apparel costs weighing on earnings. Seagate Technology ( STX ) guided higher, while Eastman Kodak ( EK ) appears to be readying itself for a bankruptcy filing. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report EASTMAN KODAK ( EK ): Free Stock Analysis Report CHILDRENS PLACE ( PLCE ): Free Stock Analysis Report SEAGATE TECH ( STX ): Free Stock Analysis Report TESORO CORP ( TSO ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street - January 5, 2012 - Ahead of Wall Street Thursday, January 5, 2012 Positive domestic data and the resumption of Europe-centered negative headlines will be pushing stocks in opposite directions today. France held an overall successful bond auction today, though yields inched up a bit. But Euro-zone worries are getting focused on the region's banks who need to tap the capital markets to spruce up their battered capital positions. The Spanish government announced that the country's banks need to raise \u20ac50 billion in fresh capital, while Italy's UniCredit was forced to offer steep discounts in its bid to raise to \u20ac7.5 billion in equity capital. Wednesday's modestly positive stock market finish despite no shortage of Euro-zone issues holds the promise that the market may be able to eke out further gains today as well on the strength of reassuring domestic news flow. The focus on the domestic front shifts to the labor market today, where we saw two better than expected readings this morning in the weekly Initial Jobless Claims and the December National Employment Report from payroll processor, Automatic Data Processing ( ADP ). The ADP report came in significantly better than expected, with 325K jobs created in December, almost double the expected 175K level. The prior month's tally was modestly revised downwards to 204K from the originally reported 206K level. The ADP report is supposed to serve as a preview of the official monthly jobs numbers from the Bureau of Labor Statistics (BLS) that comes out this Friday. Today's ADP report is way ahead of market expectations for private-sector jobs in Friday's BLS report. If the ADP report is any indication of things to come on the labor market front, then we will likely get a blockbuster number on Friday. We have to keep in mind, though, that ADP's track record in foretelling the BLS numbers on a month-to-month basis is less than perfect. We will have to wait till Friday to know the forecast accuracy of today's report. Overall though, this report is expected to cause expectations for Friday's BLS report to go up. The Jobless Claims data also came in better than expected, with initial claims dropping by 15K in the last week of 2011 to 372K. The prior-week's tally was increased by 6K to 387K from 381K. The four-week average dropped by 3.2K to 373.2K. The continued drop in Jobless Claims in recent weeks and today's strong ADP provide unmistakable evidence of an improving U.S. labor market. Naysayers will likely question the unusual strength in this morning's ADP reading, citing similar strength in this series in December in the last two years. In fact, the December ADP readings were the strongest monthly gains in 2009, 2010, and now in 2011. That said, the ADP strength is not some isolated and outlier data that is uncorroborated by other reports. The downtrend in the weekly claims data aside, we saw similar strength in the employ component of the December manufacturing ISM survey. And today's non-manufacturing ISM report, coming out a little later, is expected to show a similar positive trend. The bottom line is that the strong ADP reading may be due to seasonal corporate book keeping. But it nevertheless reflects the same developments that we are seeing in other economic reports as well. In corporate news, we have a negative earnings pre-announcement from Tesoro ( TSO ), with the independent refiner citing a weak margin environment in California. TheChildren's Place ( PLCE ) also lowered its outlook for the fourth quarter, with aggressive markdowns and high apparel costs weighing on earnings. Seagate Technology ( STX ) guided higher, while Eastman Kodak ( EK ) appears to be readying itself for a bankruptcy filing. Sheraz Mian Director of Research EASTMAN KODAK ( EK ): Free Stock Analysis Report CHILDRENS PLACE ( PLCE ): Free Stock Analysis Report SEAGATE TECH ( STX ): Free Stock Analysis Report TESORO CORP ( TSO ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Business Software & Services Companies Hedge Funds are Buying"", ""UPDATE: U.S. Private-Sector Employment Increased by 325,000 Jobs in December -ADP"", ""UPDATE: U.S. Private-Sector Employment Increased by 325,000 Jobs in December -ADP""]" ADP,2012-01-06,37.411,37.5125,37.0618,37.4327,"[""Stock Market News for January 6, 2012 - Market News A slew of better than expected economic reports helped the indices to close flat, after fresh eurozone worries weighed on the markets which opened lower. For the very first time this year, the Dow closed in the red, while the Nasdaq and the S&P 500 index registered small gains to end in the green. The Dow showed its strength by recuperating its triple digit loss to close flat to negative. The Dow Jones Industrial average (DJIA) dropped 0.02% or 2.72 points to close at 12,415.70. The blue chip index's biggest laggard was Boeing (NYSE: BA ), which fell 1.1% to $73.53., while banking giant, Bank of America (NYSE: BAC ) was the biggest gainer, increasing by 8.6%. The tech-laden Nasdaq Composite Index increased 21.50 points, or 0.81% to end at 2,669.86. The Standard & Poor 500 moved up 0.3% or 3.76 points to finish at 1,281.06, marking its highest close since Oct 28. For the S&P 500, energy sector stocks fared the worst and financial stocks emerged as clear gainers. The CBOE Volatility Index, widely considered to be the fear gauge of the market, closed below 22. Advancing stocks outshined the declining stocks by a ratio of 3:2. Banking stocks in Europe fell after Italy's biggest bank UniCredit's share prices once again dropped, by 17%, after shedding 14% on Wednesday. The bank said its rights issue worth 7.5 billion euros ($9.7 billion) would be discounted further. Commerzbank and Deutsche Bank of Germany fell 4.5% and 5.6% after UniCredit's announcement sparked off panic, since both these banks need large capital infusion. Meanwhile, a French debt auction received a lackluster response with yields shooting up, indicating that the country could lose its AAA credit rating. Meanwhile, the euro settled below the $1.28 mark for the first time since September 2010. The Italian market closed 3.7% lower after the 10 year bond yield jumped up to 7%, while Spain's IBEX 35 declined 2.9%. Spanish banking stocks fell after the Spanish Government said the banking segment will be required to raise an additional 50 billion euro in order to deal with bad property assets. On the economic front, the U.S. Department of Labor reported that jobless claims data came in better than expected, with initial claims dropping by 15,000 in the last week of 2011 to 372,000. The prior-week's tally was raised by 6,000 to 387,000 from 381,000. The four-week average dropped by 3,250 to 373,250. In a separate report, the Automatic Data Processing ( ADP ) results came in significantly better than expected, with 325,000 private jobs created in December, almost double than the expected level of 178,000. The prior month's tally was modestly revised downwards to 204,000 from the originally reported 206,000 level. The continuing drop in jobless claims in recent weeks and yesterday's strong ADP data provide unmistakable evidence of an improving U.S. labor market. In another report, ISM Services Index increased marginally in December to 52.6. Moving on to sectoral stocks, banking and technology stocks were the major gainers in Thursday's trade, Banking majors like Bank of America Corp. (NYSE: BAC ) Citigroup Inc. (NYSE: C ) and Morgan Stanley (NYSE: MS ) advanced 8.6%, 1.2% and 2.1% respectively to close at $6.31, $28.51 and $16.28. Among tech stocks, shares of Oclaro Inc. (NASDAQ: OCLR ) gained 15.7% after the optical network company's fourth quarter revenue figures topped estimates. The company is expecting that sales for the quarter will rise to $85 million. Another tech company, LSI Corp's (NYSE: LSI ) shares rose more than 7% after an analyst from Wedbush upgraded the shares of the chip maker from neutral to outperform rating. Other technology companies to gain yesterday includes Apple (NASDAQ: AAPL ), Seagate Technology (NASDAQ: STX ), Oracle Corp (NASDAQ: ORCL ), Dell Inc (NASDAQ: DELL ) and Microsoft (NASDAQ: MSFT ) which increased by 1.1%, 6.4%, 2.2%, 1% and 1.02% to close at $418.03, $17.90, $26.59, $15.17 and $27.68 respectively. APPLE INC ( AAPL ): Free Stock Analysis Report BOEING CO ( BA ): Free Stock Analysis Report BANK OF AMER CP ( BAC ): Free Stock Analysis Report CITIGROUP INC ( C ): Free Stock Analysis Report DELL INC (DELL): Free Stock Analysis Report LSI CORP (LSI): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report OCLARO INC (OCLR): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report SEAGATE TECH (STX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Zacks Analyst Blog Highlights: Automatic Data Processing, Tesoro, The Children's Place, Seagate Technology and Eastman Kodak - Press Releases For Immediate Release Chicago, IL - January 6, 2012 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Automatic Data Processing ( ADP ), Tesoro ( TSO ), The Children's Place ( PLCE ), Seagate Technology ( STX ) and Eastman Kodak ( EK ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Thursday's Analyst Blog: Good News for U.S. Labor Market Positive domestic data and the resumption of Europe-centric negative headlines will be pushing stocks in opposite directions today. France held an overall successful bond auction, though yields inched up a bit. But Euro-zone worries are getting focused on the region's banks, which need to tap the capital markets to spruce up their battered capital positions. The Spanish government announced that the country's banks need to raise \u20ac50 billion in fresh capital, while Italy's UniCredit was forced to offer steep discounts in its bid to raise to \u20ac7.5 billion in equity capital. Wednesday's modestly positive stock market finish despite no shortage of Euro-zone issues holds promise that the market may be able to eke out further gains today on the strength of reassuring domestic news flow. The focus on the domestic front shifts to the labor market today, where we saw two better-than-expected readings this morning in the weekly Initial Jobless Claims and the December National Employment Report from payroll processor, Automatic Data Processing ( ADP ). The ADP report came in significantly better than expected, with 325K jobs created in December, almost double the expected 175K level. The prior month's tally was modestly revised downwards to 204K from the originally reported 206K level. The ADP report is supposed to serve as a preview of the official monthly jobs numbers from the Bureau of Labor Statistics (BLS) that comes out this Friday. Today's ADP report is way ahead of market expectations for private-sector jobs in Friday's BLS report. If the ADP report is any indication of things to come on the labor market front, then we will likely get a blockbuster number on Friday. We have to keep in mind, though, that ADP's track record in foretelling the BLS numbers on a month-to-month basis is less than perfect. We will have to wait till Friday to know the forecast accuracy of today's report. Overall, though, this report is expected to cause expectations for Friday's BLS report to go up. The Jobless Claims data also came in better than expected, with initial claims dropping by 15K in the last week of 2011 to 372K. The prior-week's tally was increased by 6K to 387K from 381K. The four-week average dropped by 3.2K to 373.2K. The continued drop in Jobless Claims in recent weeks and today's strong ADP provide unmistakable evidence of an improving U.S. labor market. Naysayers will likely question the unusual strength in this morning's ADP reading, citing similar strength in this series in December in the last two years. In fact, the December ADP readings were the strongest monthly gains in 2009, 2010 and now in 2011. That said, the ADP strength is not some isolated and outlier data that is uncorroborated by other reports. The downtrend in the weekly claims data aside, we saw similar strength in the employ component of the December manufacturing ISM survey. And today's non-manufacturing ISM report, coming out a little later, is expected to show a similar positive trend. The bottom line is that the strong ADP reading may be due to seasonal corporate bookkeeping. But it nevertheless reflects the same developments that we are seeing in other economic reports as well. In corporate news, we have a negative earnings pre-announcement from Tesoro ( TSO ), with the independent refiner citing a weak margin environment in California. The Children's Place ( PLCE ) also lowered its outlook for the fourth quarter, with aggressive markdowns and high apparel costs weighing on earnings. Seagate Technology ( STX ) guided higher, while Eastman Kodak ( EK ) appears to be readying itself for a bankruptcy filing. Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515 . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks \""Profit from the Pros\"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518 . Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com AUTOMATIC DATA ( ADP ): Free Stock Analysis Report EASTMAN KODAK ( EK ): Free Stock Analysis Report CHILDRENS PLACE ( PLCE ): Free Stock Analysis Report SEAGATE TECH ( STX ): Free Stock Analysis Report TESORO CORP ( TSO ): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-01-09,37.3903,37.4395,37.0766,37.2887,"[""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield""]" ADP,2012-01-10,37.3705,37.478,37.1072,37.2818, ADP,2012-01-11,37.2818,37.3547,37.1022,37.2453, ADP,2012-01-12,37.2522,37.5125,37.1566,37.4839,"Paychex Takes Over Icon Time - Analyst Blog New York-based outsourcing service provider Paychex Inc. ( PAYX ) recently announced the takeover of online and PC-based time and attendance solutions provider, Icon Time Systems Inc. Financial details of the transaction were not divulged. Post the acquisition, Icon Time will operate as a wholly-owned subsidiary of Paychex and all its employees will be retained. Founded in 1989, Icon Time serves small businesses with its PC-based and web-enabled time and attendance products. Icon's experience and innovation in the time and attendance market is expected to help Paychex enrich its Payroll services products, specifically the PST 1000 time clock. In February last year, Paychex partnered with Icon Time for the launch of the Paychex PST 1000 time clock, which immediately curtails the time spent to calculate timesheets and compile employee information. Alongside, the time clock also enhances payroll productivity and accuracy. According to company officials, the product has remained a great revenue earner till date. Paychex has always been enthusiastic about strengthening Payroll activities. In May 2011, the company took over recordkeeping and administrative solutions provider, ePlan Services. ePlan Services' Web-based platform complements Paychex' existing recordkeeping business. PLANSPONSOR magazine had acknowledged Paychex as the leading recordkeeper in the U.S. With ePlan Services' under its wing, Paychex will be able to serve financial advisers with clarity into fee structures, while the market transitions to full disclosure models to keep pace with consumer and legislative demand. Apart from this, Paychex also solidified its Payroll Services segment with the acquisition of the online payroll solutions provider, SurePayroll Inc. in December 2010. Paychex had to shell out $115.0 million in cash for this deal. Though the company's initiative for boosting the Payroll Services segment is encouraging, the effort is not showing up in its results. The segment is not performing well mainly due to the lack of new business wins. Small businesses are significant revenue sources for Paychex. But the SMB (small and medium business) sector is being hit hard by lackluster demand due to high unemployment and inflation rates. Paychex is highly dependent on the performance of the SMB sector and this is the reason the company may not see much revenue growth in the near term. Despite the concern in the SMB sector, Paychex delivered modest second quarter results by marginally beating the Zacks Consensus Estimate on the bottom line. Moreover, we are encouraged by Paychex' endeavour to introduce a software-as-a-service (SaaS) application that is tailor-made for Apple Inc. 's ( AAPL ) iPad. With this, the ace payroll, human resource and benefits outsourcing solutions provider will be able to compete against its rivals, Automated Data Processing Inc. ( ADP ) and Intuit Inc. ( INTU ), whose SaaS-based mobile solutions have already gained decent market share. Paychex has a Zacks #3 Rank, implying a short-term Hold recommendation. APPLE INC ( AAPL ): Free Stock Analysis Report AUTOMATIC DATA ( ADP ): Free Stock Analysis Report INTUIT INC ( INTU ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-01-13,37.2285,37.4898,37.0766,37.478, ADP,2012-01-17,37.5076,38.0894,37.4405,37.9623,"[""Automatic Data Processing Hits 52-Week High of $55.13"", ""Automatic Data Processing Hits 52-Week High of $55.13"", ""ADP Reaches India - Analyst Blog Automatic Data Processing Inc. ( ADP ) recently marked its entry into the lucrative Indian market with the acquisition of Ma Foi Consulting Solutions Ltd, an Indian human resource and payroll management company. The acquired company was previously a part of Ma Foi Randstad, an Indian subsidiary of RANDSTAND HOLDINGS. Though the financial details of the deal were not disclosed, ADP stated that it will incorporate Ma Foi's 200 associates. ADP will now manage Ma Foi's extensive Indian clientele, including both domestic and multinational companies. The acquisition is a strategic fit for the company as it will facilitate further expansion in developing markets. Through this acquisition, ADP will gain access to the growing market of human resource business process outsourcing (HR BPO) in India. Incidentally, Ma Foi and ADP have enjoyed a healthy business relationship since 2009 for the marketing and operations of ADP Streamline, ADP's multi-country payroll and human resource service. ADP's growth in recent years has been largely attributable to accretive acquisitions, for which it has spent approximately $776 million in 2011 itself. The company reported a year-over-year increase of 11.0% in total revenue to $9.88 billion in fiscal 2011, driven by a 4.7% growth from the acquired businesses. Recently, ADP acquired The RightThing, a leading recruitment process outsourcing (RPO) provider. The acquisition is expected to expand ADP's human resources business process outsourcing portfolio and complement the existing applicant tracking and talent management solutions, thereby boosting ADP's customer base and top-line growth going forward. Moreover, the acquisition of privately held WALLACE is expected to further boost ADP's tax credit solutions portfolio and expand its customer base going forward. We believe that the back-to-back acquisitions will drive top-line growth for fiscal 2012 and beyond. The new acquisitions are expected to diversify ADP's revenue growth base, which in turn will help the company to outperform the market, in our view. However, increasing competition from Paychex Inc. ( PAYX ) and Insperity Inc. ( NSP ) and a gloomy macro outlook in North America and Europe are the major headwinds in the near term. Additionally, higher unemployment rates and low interest rates remain concerns for the company's payroll processing business. We maintain our Neutral recommendation on the stock over the long term (6-12 months). Currently, Automatic Data Processing has a Zacks #4 Rank, which implies a Sell rating on a short-term basis. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report INSPERITY INC ( NSP ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Hits 52-Week High of $55.13""]" ADP,2012-01-18,38.047,38.548,37.9564,38.5363,"[""Automatic Data Processing Hits 52-Week High of $55.86"", ""Automatic Data Processing Hits 52-Week High of $55.86"", ""The Zacks Analyst Blog Highlights: Wells Fargo, JPMorgan Chase, Goldman Sachs Group, Bank of America and Automatic Data Processing - Press Releases For Immediate Release Chicago, IL - January 18, 2012 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Wells Fargo & Company ( WFC ), JPMorgan Chase & Co. ( JPM ), Goldman Sachs Group Inc. ( GS ), Bank of America Corporation ( BAC ) and Automatic Data Processing Inc. ( ADP ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Tuesday's Analyst Blog: Wells Fargo Beats by a Penny Wells Fargo & Company 's ( WFC ) fourth quarter 2011 earnings of 73 cents per share were a penny ahead of the Zacks Consensus Estimate. Results improved from earnings of 72 cents in the prior quarter and 61 cents in the year-ago quarter. Wells Fargo's results were driven by higher top line, and improved credit quality along with strong capital ratios were positives during the reported quarter. However, increased operating expenses were on the downside. Wells Fargo's fourth quarter net income applicable to common stock came in at $4.1 billion, modestly in line with the prior quarter and up from $3.4 billion in the prior-year quarter. For the full year, net income applicable to common stock was $15.9 billion or $2.82 per share, up 28% year over year. Earnings per share for full year also surpassed the Zacks Consensus Estimate by a penny. The quarter's revenue came in at $20.6 billion, which was above the Zacks Consensus Estimate of $20.1 billion and up 5.1% sequentially. On a sequential basis, Wells Fargo's commercial real estate, credit card, commercial banking, corporate banking, equipment finance, merchant services, insurance, international, capital markets, asset-backed finance, corporate trust, mortgage, asset management, government and institutional banking and real estate capital markets and retail sales finance reported revenue growth. For the full year, revenue was $81.0 billion, down 4.9% from $85.2 billion in 2010. However, this compares favorably with the Zacks Consensus Estimate of $80.5 billion. Furthermore, segment wise, on a sequential basis, Wholesale Banking reported a 9.5% drop in revenues while the Community Banking and Wealth, Brokerage and Retirement segments reported rises of 8.1% and 11.7%, respectively. Wells Fargo reported a reserve release of $600 million (pre tax), attributable to improved portfolio performance. The company also expects future reductions in the allowance should the economy improve significantly. Performance in Detail Net interest income for the quarter came in at $10.9 billion, up 3.8% from the prior quarter, primarily due to growth in earning assets and an elevated net interest margin. Additionally, net interest margin climbed 5 basis points (bps) sequentially to 3.89% as a result of redistribution of short-term investments into higher-yielding assets such as securities and loans, lower deposit costs and decreased long-term debt. Wells Fargo's non-interest income came in at $9.7 billion, up 6.6% from $9.1 million recorded in the prior quarter. The sequential increase in insurance fees, mortgage banking income as well as net gains from trading activities were partly mitigated by decline in service charges on deposit accounts, card fees, trust and investment fees, and net gains from equity investments. As of December 31, 2011, total loans were $769.6 billion, up $9.5 billion from $760.1 billion as of September 30, 2011. While the company continued with its planned reduction in the non-strategic/liquidating portfolios, it was more than offset by increased balances in many loan portfolios. Average core deposits were $864.9 billion, up 13% (annualized) from third quarter 2011 and 9% from a year ago. However, non-interest expense at Wells Fargo was $12.5 billion, up 6.8% from the prior quarter. The rise in expenses reflects increased expenses on commission and incentive compensation, net occupancy, employee benefits and equipment. However, the increase was partially offset by lower salaries, operating losses as well as FDIC and other assessment expenses. Credit Quality Credit quality continued to improve during the reported quarter. Nonperforming assets (NPAs) continued to decline with Wells Fargo reporting NPAs of $26.0 billion, down 3% sequentially. Non-accrual loans decreased to $21.3 billion from $21.9 billion in the prior quarter. Wells Fargo's allowance for credit losses, including the allowance for unfunded commitments, totaled $19.7 billion as of December 31, 2011, down from $20.4 billion as of September 30, 2011. Net charge-offs were $2.6 billion or annualized 1.36% of average loans, modestly flat with the prior quarter. However, provision for credit losses increased to $2.0 billion from $1.8 billion in the prior quarter. As of November 30, 2011, around 724,710 active trial or completed loan modifications had been initiated since the beginning of 2009. Of this total, 84% were through Wells Fargo's own modification programs and the remainder was through the federal government's Home Affordable Modification Program ( HAMP ). Capital Position Wells Fargo reported improved capital ratios in the fourth quarter. The company redeemed $5.8 billion of trust preferred securities and repurchased 27 million shares of its common stock and an additional estimated 6 million shares through a forward repurchase transaction that will settle in first quarter of 2012. The Tier 1 leverage ratio was 9.03% as of December 31, 2011, up from 8.97% as of September 30, 2011. The Tier 1 common equity ratio was an estimated 7.49% as of December 31, 2011 under the Basel III capital proposals. Tier 1 capital ratio was 11.33% as of December 31, 2011 compared with 11.26% as of September 30, 2011. Moreover, book value per share improved to $24.64 from $24.13 in the prior quarter and $22.49 in the prior-year quarter. Wachovia Integration Update Wells Fargo's Wachovia merger integration remained on track with the company finally completing the conversion of retail bank store (North Carolina integration in mid-October 2011). Over 50 million accounts were converted. Peer Performance However, one of the peers of Wells Fargo, JPMorgan Chase & Co. 's ( JPM ) fourth quarter earnings per share of 90 cents marginally missed the Zacks Consensus Estimate of 92 cents. Results were worse than $1.12 earned in the prior-year quarter. Results for the reported quarter were primarily hurt by a substantial decrease in revenue, which more than offset a slowdown in provision for credit losses and lower non-interest expense. After a long time, JPMorgan missed expectations as it buckled under the weakness in the wider economy and the fundamental pressures on the banking sector. Close on the heels of Wells Fargo, the other major banks, namely Goldman Sachs Group Inc. ( GS ) will report on January 18 and Bank of America Corporation ( BAC ) on January 19. Our Take In December 2011, Wells Fargo agreed to purchase investment boutique firm EverKey Global Partners, in an effort to broaden its investment capabilities and provide strategies to meet the needs of its clients. The two companies have signed a definitive agreement in this context. However, the terms of the deal were not disclosed. The acquisition of EverKey serves a strategic fit for Wells Fargo for offering a greater range of investment strategies to its clients and deliver value to investors. It also reflects its focus on the multi-boutique business model. Going forward, we believe that strategic acquisitions will help expand Wells Fargo's business and improve its profitability. Its solid business model, strong capital position and expanded business through the Wachovia acquisition and its integration, expected expense management and improved credit quality will also support its profit figures. Yet, a sluggish economic recovery and its impact on revenue might somewhat limit its growth. Wells Fargo currently retains a Zacks #3 Rank, which translates into a short-term Hold' rating. Considering the fundamentals, we also maintain a \""Neutral\"" recommendation on the stock. ADP Reaches India Automatic Data Processing Inc. ( ADP ) recently marked its entry into the lucrative Indian market with the acquisition of Ma Foi Consulting Solutions Ltd, an Indian human resource and payroll management company. The acquired company was previously a part of Ma Foi Randstad, an Indian subsidiary of RANDSTAND HOLDINGS. Though the financial details of the deal were not disclosed, ADP stated that it will incorporate Ma Foi's 200 associates. ADP will now manage Ma Foi's extensive Indian clientele, including both domestic and multinational companies. The acquisition is a strategic fit for the company as it will facilitate further expansion in developing markets. Through this acquisition, ADP will gain access to the growing market of human resource business process outsourcing (HR BPO) in India. Incidentally, Ma Foi and ADP have enjoyed a healthy business relationship since 2009 for the marketing and operations of ADP Streamline, ADP's multi-country payroll and human resource service. Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515 . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks \""Profit from the Pros\"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518 . Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com AUTOMATIC DATA ( ADP ): Free Stock Analysis Report BANK OF AMER CP ( BAC ): Free Stock Analysis Report GOLDMAN SACHS ( GS ): Free Stock Analysis Report JPMORGAN CHASE ( JPM ): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Hits 52-Week High of $55.86""]" ADP,2012-01-19,38.6456,38.8538,38.4317,38.8104,"[""UPDATE: Credit Suisse Upgrades Automatic Data Processing to Outperform, Raises Target to $65"", ""Automatic Data Processing Hits 52-Week High of $56.69"", ""Automatic Data Processing Hits 52-Week High of $56.69"", ""UPDATE: Credit Suisse Upgrades Automatic Data Processing to Outperform, Raises Target to $65"", ""Automatic Data Processing Hits 52-Week High of $56.69"", ""UPDATE: Credit Suisse Upgrades Automatic Data Processing to Outperform, Raises Target to $65""]" ADP,2012-01-20,38.7955,38.9435,38.4602,38.7334,"[""Automatic Data Processing Hits 52-Week High of $56.98"", ""Automatic Data Processing Hits 52-Week High of $56.98"", ""Automatic Data Processing Hits 52-Week High of $56.98""]" ADP,2012-01-23,38.8232,38.9238,38.3794,38.6605, ADP,2012-01-24,38.3716,38.8025,38.2344,38.689, ADP,2012-01-25,38.3794,38.8686,38.2424,38.8232,"[""Automatic Data Processing Lowers 2012 EPS Growth Estimate to 8-9% vs 8-10% Prior"", ""Automatic Data Processing Reports Q2 EPS $0.68 vs $0.68 Est; Revenues $2.58B vs $2.58B Est"", ""Automatic Data Processing Reports Q2 EPS $0.68 vs $0.68 Est; Revenues $2.58B vs $2.58B Est"", ""Automatic Data Processing Lowers 2012 EPS Growth Estimate to 8-9% vs 8-10% Prior"", ""ADP Matches Estimates in 2Q - Analyst Blog Automatic Data Processing Inc. ( ADP ) reported second quarter 2012 earnings of 68 cents per share, in line with the Zacks Consensus Estimate. Earnings per share increased 9.7% year over year on the back of strong revenue growth. Revenue Revenues increased 7.4% year over year to $2.58 billion and was in line with the Zacks Consensus Estimate. Organic growth was 6.0% in the quarter. The better-than-expected result was driven by strong new business sales, improving client retention and incremental revenue from recent acquisitions. Employer Services revenue increased 7.0% year over year (5.0% organically) to $1.83 billion. The number of employees on clients' payrolls in the United States grew 2.8% in the quarter on a same-store-sales basis. PEO Services revenue spiked 15.5% year over year to $413.8 million in the second quarter. Dealer Services revenue climbed 6.9% year over year to $412.6 million. Interest on funds held for clients declined 9% year over year to $117.9 million, due to a decline of 50 bps in the average interest yield to 3.0%, partially offset by a 6.0% increase in average client funds balances to $15.6 billion. Operating Performance Total expenses in the reported quarter increased 7.5% year over year to $2.10 billion, due to higher operating expenses (up 11.4% year over year) and selling, general & administrative expense (up 1.3% year over year). The company reported pre-tax earnings of $513.7 million, up 6.0% on year-over-year basis. However, pre-tax margin declined 20 basis points (bps) year over year to 19.9% in the reported quarter. Employer Services' pre-tax margin declined 120 bps on a year-over-year basis. PEO Services pre-tax margin improved 20 bps, while Dealer Services pre-tax margin enhanced 220 bps year over year in the reported quarter. Net income increased 7.6% year over year to $333.8 million. Net margin, however, remained flat at 12.9% in the quarter. Balance Sheet As of December 31, 2011, cash and cash equivalents (including short-term marketable securities) were $1.36 billion, compared with $1.27 billion as of September 30, 2011. Long-term debt decreased to $25.5 million at the end of second quarter from $26.0 million in the prior quarter. ADP purchased 6.3 million shares for $305.0 million during the reported quarter. Guidance For fiscal 2012, ADP expects total revenue to increase in the range of 7.0%-9.0%. EPS is expected to increase 8%-9% over the year-ago earnings per share of $2.52. The Zacks Consensus Estimate for fiscal 2012 is pegged at $2.74 per share. Employer Services is expected to grow approximately 7% and pre-tax margins to expand 30 bps. The company expects pays per control to increase approximately 2.5% (prior outlook 2.0%) for fiscal 2012. PEO Services revenue is forecasted to improve 17.0%. Pre-tax margin is expected to grow slightly on a year-over-year basis. For fiscal 2012, ADP expects Dealer Services revenue to increase in the 9.0%-10.0% range (prior forecast 8%-9%) with a pre-tax margin expansion of at least 50 bps. The company expects interest on funds held for clients to decline $45.0 million-$55.0 million or 8%-10% from $540.1 million in fiscal 2011. However, the company expects 6%-7% increase in the average client fund balances. Our Recommendation We believe that ADP will continue to outperform the broader market based on strong new business sales, diversified product portfolio, improving customer retention, accretive acquisitions, strong balance sheet and shareholder-friendly programs (aggressive share buybacks, dividend) over the long term. However, increasing competition from Paychex Inc. (PAYX) and Insperity Inc. (NSP) and a gloomy macro outlook in North America and Europe are major headwinds in the near term. Additionally, higher unemployment rates and low interest rates remain concerns for the company's payroll processing business. We have a Neutral recommendation on ADP over the long term. Currently, ADP has a Zacks #4 Rank, which implies a Sell rating on a short-term basis. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report INSPERITY INC ( NSP ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street - January 25, 2012 - Ahead of Wall Street Wednesday, January 25, 2012 The focus today will be on the Fed, as the central bank unveils a new measure as part of its ongoing efforts to improve communication with the markets. The prospect of an even longer timeframe for lower interest rates, as many in the markets are hoping to come out of today's Fed releases, has the potential to put stocks out of the slumber of the last two trading sessions. A mixed earnings season thus far and the reemergence of Greece worries have prompted stocks to take a pause lately. It will be interesting to see if Apple's ( AAPL ) blockbuster results after the close yesterday will have any resonance beyond its own stock price. In this morning's key earnings releases, Boeing ( BA ) came out ahead of expectations on both the bottom- and top-lines, but the company's full-year 2012 earnings guidance came in below current expectations. Automatic Data Processing ( ADP ), the payroll processor, handily beat EPS expectations on in-line revenue. United Technologies ( UTX ) beat on EPS, but missed revenue expectations. Dover ( DOV ) and Abbot Labs ( ABT ) beat on earnings, but modestly missed expectations. At the conclusion of its first meeting of 2012, the Fed will be releasing the Fed Funds rate forecasts by the individual Fed districts through 2015. This will be in addition to the customary FOMC statement after the meeting and the quarterly Bernanke news conference. We will also get when the individual Fed districts see the FOMC starting to raise interest rates again. This is a significant development as it likely will show that the central bank districts expect near-zero interests for longer than the current FOMC policy of through mid-2013 only. It will be interesting to see how Treasury yields will respond to this expected disclosure. Will this result in greater flattening of the yield curve, particularly given growing expectations of another round of quantitative easing despite the recent favorable run of economic reports? Sheraz Mian Director of Research APPLE INC ( AAPL ): Free Stock Analysis Report ABBOTT LABS ( ABT ): Free Stock Analysis Report AUTOMATIC DATA ( ADP ): Free Stock Analysis Report BOEING CO ( BA ): Free Stock Analysis Report DOVER CORP ( DOV ): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Reports Q2 EPS $0.68 vs $0.68 Est; Revenues $2.58B vs $2.58B Est"", ""Automatic Data Processing Lowers 2012 EPS Growth Estimate to 8-9% vs 8-10% Prior""]" ADP,2012-01-26,38.3991,38.4258,37.9504,38.0677,"[""Citigroup Downgrades Automatic Data Processing to Neutral"", ""UPDATE: Citigroup Downgrades Automatic Data Processing to Neutral, Raises PT to $60"", ""UPDATE: Goldman Sachs Raises PT to $53 on Automatic Data Processing"", ""UPDATE: Goldman Sachs Raises PT to $53 on Automatic Data Processing"", ""UPDATE: Citigroup Downgrades Automatic Data Processing to Neutral, Raises PT to $60"", ""Citigroup Downgrades Automatic Data Processing to Neutral"", ""Market Wrap-Up for Jan.26 (CL, TWC, CAT, SHW, T, ADP, more) After yesterday's Fed announcement that interest rates will remain historically low for another couple of years (at a minimum), commodity prices instantly shot higher. The trend continued into today as gold prices ( GLD ) and other commodities raked up further gains, but this time, with equity prices falling by the close. The Fed is clearly intent on trying to reflate the economy with its massive dollar printing strategy. The impact on savers who haven't put their money to work in the stock market has been catastrophic, however. A quick check on BankRate.com reveals that a one-year CD now yields 0.67%. That's just unbelievably low. Meanwhile, the real estate market remains shrouded in mystery. Some experts see the market as \""bottoming,\"" pointing to positive signs in cities like New York, Boston, and San Francisco. Whether the markets have recovered at all in suburban areas (i.e. where most Americans live) remains to be seen. It's obvious that just like the stock market, the real estate market has a narrow window of winners, or areas that see any meaningful price increases. If the Fed expects the tide to lift all boats, it may be in for a disappointment. The actual result could be simply more of the same, with real estate sitting in the doldrums, while savers continue to be punished with low interest rates. Many retired folks will need to dip into their principal in this environment, which is never a good sign. That's why it's so important for investors of every age to generate income from a strong basket of dividend stocks. We are doing our best to find the names that can work at the current time, and we hope the market can ease up a bit with the dividend plays that have gotten overbought. Hopefully we'll see some better entry points in the near future. Chasing yield is not a game we recommend, so being selective and patient is key. We did find a new name we liked this morning, so be sure to check out the link below for more on that upgrade. Today was another big day for earnings results. Share price winners included Zimmer Holdings ( ZMH ), Caterpillar ( CAT ) ( read the report here ), Colgate-Palmolive ( CL ) ( report here ), Mead Johnson Nutrition ( MJN ) ( report here ), Sherwin Williams ( SHW ), and Time Warner Cable ( TWC ). On the flip side, we saw down moves following earnings results from Eaton Corp ( ETN ), Automatic Data Processing ( ADP ), AT&T ( T ) ( report here ) and Peabody Energy ( BTU ). New Dividend Stock Recommended Today! We just upgraded a new dividend stock this morning onto our industry-leading Best Dividend Stocks List . Be sure to check out our post detailing the upgrade if you haven't already. How Will Our Place in History Be Defined? We recently saw the passing of legendary Penn State college football coach Joe Paterno. Anyone who has been watching the news surrounding Penn State and the heinous scandal there knows Joe Paterno was dismissed from his post a few months ago. That move followed a growing chorus of individuals who felt the 85-year old coach didn't take the proper steps to address the child molestation accusations against his former assistant coach, Jerry Sandusky. Whether you are coaching a sports team, running a company, or have any other position of great responsibility, you can never lose sight of the goings on all around you. You have to put the proper procedures in place to make sure you don't ever let decades of hard work get tainted by the imbroglio of any person or persons in your organization. Mr. Paterno is not the first and will not be the last legend whose legacy is tainted by scandal. It's not just older folks who are at risk, either. Just look at all the recent athletes whose career achievements have been undermined by suspicions of performance-enhancing drugs. The pursuit of greatness can sometimes push people into situations they no longer can control. Short-term accolades are put ahead of the possibility of long-term harm. There's nothing wrong with striving for success. In fact, I urge you to aim high and work hard to achieve your goals. Just ask yourself from time to time, what price are you willing to pay for success? Will you assume much greater risk in order to try and \""get ahead\"" more quickly? Would you jeopardize your legacy or reputation by taking a short cut to the top? I certainly hope we all keep these questions in mind as we continue down our road to success. New MLP Report Just Released! In The Essentials of Investing in MLPs , we outline the do's and don'ts of investing in high-yield Master Limited Partnerships (MLPs). Our exclusive new MLP report outlines everything you need to know about these popular high-yield investments, including: - Understanding their unique company structure - What you absolutely need to know about their special tax treatment - Why MLPs may not be suitable for retirement accounts - How to find the best high-yield partnerships - \u2026and much more! Head to the Dividend.com Premium page to download this brand new report today! 25 Years of Dividend-Increasing Stocks We recently updated our list of dividend stocks that have been paying out dividends for 25 years or more. Be sure to check out the latest list of names here . Dividends Really Matter Financial blog DailyReckoning.com recently took a look at the difference dividend payouts made in the overall return investors saw throughout the prior decades. Here are some of the highlights: - The Nasdaq is down 28% since the end of 1999. Even the \""blue chip\"" S&P 500 stocks are down 15% during that time frame\u2026until you add back those \""boring\"" dividends. With dividends included, the S&P 500\u2032s 15% loss flips to a 6% gain. - Without dividends, the S&P 500 index would have produced a loss for the 25 long years from August 1929 to August 1954. Then again, without dividends, the S&P 500 produced a 5% loss during the 13 years from September 1961 to September 1974. But with dividends included, the S&P's loss became a 46% gain. - Over the course of the last half-century, dividends have contributed more than half of the stock market's total return - 56%, to be exact. Of course, you can't discuss the potency of dividend investing without making mention of how awesome compound returns are. I can't stress enough the power of compound interest: you take a small amount of money and turn it into a large amount over time. Finding the right companies at the right price points which not only grow earnings, but also grow their dividend payouts as well! New Watchlist Article Out Today Be sure to check out our weekly Top 50 High-Yield Watchlist Names post that is out today, exclusively for Dividend.com Premium members. This list gives readers a good idea of what stocks we're watching behind the scenes here for potential upgrades. Go Beyond This Newsletter We know many of you enjoy reading the daily newsletter, but remember that with our Dividend.com Premium service, the newsletter is just one small component of what we offer. Here are the \""Big Three\"" benefits of our Premium service: - The Best Dividend Stocks List is used by tens of thousands of investors to help build their own portfolios. - Creating your own Watchlist allows you to track the performance, news, and upcoming dividend payouts of the particular stocks you care about. - Finally, we offer the most complete and easy-to-use dividend data on the web. Many subscribers use this data as part of a \""Dividend Capture\"" trading strategy, but long-term investors can use it to keep track of impending payouts. Just visit our Ex-Dividend Calendar for a complete outlook on which companies will be paying out soon. We don't ask for a credit card to use our free trial, and we don't bill you when your trial ends. No obligation whatsoever! So keep enjoying the newsletter, but please give Dividend.com Premium a shot if you haven't already subscribed! Thanks for reading, and I'll see you tomorrow! Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: Goldman Sachs Raises PT to $53 on Automatic Data Processing"", ""UPDATE: Citigroup Downgrades Automatic Data Processing to Neutral, Raises PT to $60"", ""Citigroup Downgrades Automatic Data Processing to Neutral""]" ADP,2012-01-27,38.056,38.2424,37.7166,37.7433, ADP,2012-01-30,37.4839,37.5668,37.2059,37.4435, ADP,2012-01-31,37.6861,37.693,37.1516,37.3637, ADP,2012-02-01,37.6891,37.8429,37.478,37.478,"[""UPDATE: U.S. Private-Sector Employment Increased by 170,000 Jobs in January, According to ADP"", ""UPDATE: U.S. Private-Sector Employment Increased by 170,000 Jobs in January, According to ADP"", ""No Surprises in ADP Report - Real Time Insight Automatic Data Processing ( ADP ) reported the creation of 170K jobs in January, which was in-line with expectations. On the negative side, the jobs numbers for December were revised downwards by 33K to 292K. The big deceleration from the December notwithstanding, the ADP report is still ahead of expectations for private sector jobs in Friday's government jobs report. The gains were broad based across industries and business sizes. More than half of the January job gains came from businesses with less than 50 employees. Medium sized businesses, those with less than 500 employees, accounted for most of the rest of the gains. The ADP report sets the tone for Friday's government jobs report, which is expected to show headline job gains of around 130K. The drop from the December level, when 200K jobs were created, primarily reflects the reversal of one-time gains that month due to seasonal factors. The overall trend on the labor market front remains favorable as confirmed by the steady downtrend in the weekly Jobless Claims data. Do you think the market will find today's inline ADP number good enough to sustain January's positive momentum? To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""A Plethora of Earnings & Econ Data - Analyst Blog Favorable manufacturing data out of China and Europe appears to have put U.S. stocks in a positive mood today even as we wait for a key manufacturing report of our own a little later. The market will also be trying to handicap the all-important jobs report on Friday from this morning's in-line reading from payroll processor Automatic Data Processing ( ADP ). A total of 170K private sector jobs were in created in January according to the ADP, matching expectations. On the negative side, the jobs numbers for December were revised downwards by 33K to 292K. The big deceleration from the December notwithstanding, the ADP report is still ahead of expectations for private sector jobs in Friday's government jobs report. The gains were broad-based across industries and business sizes. More than half of the January job gains came from small businesses with fewer than 50 employees. Medium-sized businesses, those with less than 500 employees, accounted for most of the rest of the gains. The ADP tally sets the tone for Friday's government jobs report, which is expected to show headline job gains of around 130K. The drop from the December level, when 200K jobs were created, primarily reflects the reversal of one-time gains that month due to seasonal factors. The overall trend on the labor market front remains favorable as confirmed by the steady downtrend in the weekly Jobless Claims data. I would expect the employment component of the manufacturing ISM report, coming out a little later, to show the same trend. On the earnings front, we have Whirlpool ( WHR ), the maker of Maytag and KichenAid branded home appliances, come out with better-than-expected recurring earnings this morning on roughly in-line revenue numbers. IAC Interactive ( IACI ) beat earnings and revenue expectations. But the focus today will be Amazon's ( AMZN ) underwhelming report after the close on Tuesday as the online retail giant continued to invest in its own business. The company has quite a reputation for sacrificing near-term profits for long-term growth, and that appeared to be the theme in this quarterly report as well. In other corporate news, the pending tie-up between NYSE Euronext ( NYX ) and Deutche Borse was nixed by EU regulators on anti-trust grounds. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report AMAZON.COM INC ( AMZN ): Free Stock Analysis Report IAC/INTERACTIV ( IACI ): Free Stock Analysis Report NYSE EURONEXT ( NYX ): Free Stock Analysis Report WHIRLPOOL CORP ( WHR ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street - February 1, 2012 - Ahead of Wall Street Wednesday, February 1, 2012 Favorable manufacturing data out of China and Europe appears to have put U.S. stocks in a positive mood today even as we wait for a key manufacturing report of our own a little later. The market will also be trying to handicap the all-important jobs report on Friday from this morning's in-line reading from payroll processor Automatic Data Processing ( ADP ). A total of 170K private sector jobs were in created in January, according to the ADP, matching expectations. On the negative side, the jobs numbers for December were revised downwards by 33K to 292K. The big deceleration from the December notwithstanding, the ADP report is still ahead of expectations for private sector jobs in Friday's government jobs report. The gains were broad based across industries and business sizes. More than half of the January job gains came from small businesses with less than 50 employees. Medium sized businesses, those with less than 500 employees, accounted for most of the rest of the gains. The ADP tally sets the tone for Friday's government jobs report, which is expected to show headline job gains of around 130K. The drop from the December level, when 200K jobs were created, primarily reflects the reversal of one-time gains that month due to seasonal factors. The overall trend on the labor market front remains favorable as confirmed by the steady downtrend in the weekly Jobless Claims data. I would expect the employment component of the manufacturing ISM report, coming out a little later, to show the same trend. On the earnings front, we have Whirlpool ( WHR ), the maker of Maytag and KichenAid branded home appliances, come out with better than expected recurring earnings this morning on roughly in-line revenue numbers. IAC Interactive ( IACI ) beat earnings and revenue expectations. But the focus today will be Amazon's ( AMZN ) underwhelming report after the close on Tuesday as the online retail giant continued to invest in its own business. The company has quite a reputation for sacrificing near-term profits for long-term growth and that appeared to be the theme in this quarterly report as well. In other corporate news, the pending tie-up between NYSE Euronext ( NYX ) and Deutche Borse was nixed by EU regulators on anti-trust grounds. Sheraz Mian Director of Research AUTOMATIC DATA ( ADP ): Free Stock Analysis Report AMAZON.COM INC ( AMZN ): Free Stock Analysis Report IAC/INTERACTIV ( IACI ): Free Stock Analysis Report NYSE EURONEXT ( NYX ): Free Stock Analysis Report WHIRLPOOL CORP ( WHR ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: U.S. Private-Sector Employment Increased by 170,000 Jobs in January, According to ADP""]" ADP,2012-02-02,37.4642,37.6891,37.3903,37.3903,"Another Acquisition for ADP - Analyst Blog Automatic Data Processing Inc. ( ADP ) recently announced the acquisition of privately held PhyLogic Healthcare LLC, a well known provider of revenue cycle management (RCM) and medical billing outsourcing services. However, terms of the transaction were not disclosed. Founded in 2001, Springfield, Massachusetts-based PhyLogic provides billing and accounts receivable services to medical practitioners across the U.S. The company also provides electronic health records (EHR) and cloud-based practice management ( PM ) solutions. Post acquisition, PhyLogic will be integrated into ADP's medical office software division, AdvancedMD that was acquired in early 2011. The acquisition of PhyLogic marks an important addition to ADP's portfolio, as it will help the company to enter the fast growing RCM market. The U.S. RCM market is expected to grow from approximately $4 billion in 2010 to more than $9 billion by 2018, driven by the upcoming medical reimbursement regulation changes, according to ST Advisors, LLC. We believe that the PhyLogic acquisition will help ADP to seize this significant opportunity over the long term. Moreover, PhyLogic's client base primarily consists of small- and mid-size U.S. medical practitioners, a niche market that ADP has been focusing on for some time. ADP is also expected to widen its presence in the small business services segment through this acquisition. Our Take ADP's growth in recent years has been largely driven by accretive acquisitions, for which it has spent approximately $776 million in 2011 itself. If the latest acquisitions are anything to go by, then the company clearly intends to continue along the same lines in 2012. In early January, ADP entered the lucrative Indian market with the acquisition of Ma Foi Consulting Solutions Ltd, an Indian human resource and payroll management company. The acquisition is a strategic fit for the company as it will facilitate further expansion in developing markets. Through this acquisition, ADP will gain access to the growing market of human resource business process outsourcing (HR BPO) in India. We believe that the back-to-back acquisitions will drive top-line growth for fiscal 2012 and beyond. The acquisitions are expected to diversify ADP's revenue base, which in turn will help the company to outperform the market, in our view. However, increasing competition from Paychex Inc . ( PAYX ) and Insperity Inc . ( NSP ) and a gloomy macro outlook in North America and Europe are major headwinds in the near term. Additionally, higher unemployment rates and low interest rates remain concerns for the company's payroll processing business. We maintain our Neutral recommendation on the stock over the long term (6-12 months). Currently, ADP has a Zacks #3 Rank, which implies a Hold rating on a short-term basis. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report INSPERITY INC ( NSP ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-02-03,37.7867,37.9771,37.6772,37.8616,"The Zacks Analyst Blog Highlights: Starwood Hotels & Resorts Worldwide, Marriott International, Automatic Data Processing, Paychex and Insperity - Press Releases For Immediate Release Chicago, IL - February 3, 2012 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Starwood Hotels & Resorts Worldwide Inc. ( HOT ), Marriott International Inc. ( MAR ), Automatic Data Processing Inc. ( ADP ), Paychex Inc . ( PAYX ) and Insperity Inc . ( NSP ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Thursday's Analyst Blog: Starwood Continues to Shine Starwood Hotels & Resorts Worldwide Inc. ( HOT ) has reported fourth-quarter 2011 adjusted earnings from continuing operations of 71 cents, which surpassed the Zacks Consensus Estimate of 57 cents as well as the year-ago level of 52 cents. In full-fiscal 2011, earnings were $1.93 versus $1.25 in the year-ago period. On a reported basis, earnings from continuing operations were 80 cents compared to $1.08 in the fourth quarter of 2010. In full-fiscal 2011, earnings were $2.57 versus $1.63 in the year-ago period. Revenues jumped 14.3% year over year to $1,531 million in the quarter, with revenue per available room witnessing a modest growth. The revenue also outperformed the Zacks Consensus Estimate of $1,397 million. In full-fiscal 2011, revenue grew 10.9% year over year to $5,624.0 million. Outlook For first-quarter 2012, earnings are expected to be approximately 49 cents to 53 cents per share. The company anticipates RevPAR growth of 5% to 7% in constant dollars at same-store company operated hotels worldwide while growth will likely be 4% to 6% at branded same-store company owned hotels worldwide. For full-year 2012, the company increased its earnings guidance to the range of $2.22-$2.33 (previously $1.96-$2.25) per share. RevPAR growth is expected between 5% and 7% in constant dollars for same-store company operated hotels worldwide. REVPAR increases at branded same-store company owned hotels worldwide are expected between 4% and 6% in constant dollars. Our Take Starwood is a beneficiary of a recovery in leisure as well as business travel. We remain bullish on the stock given the company's strong expansion plan compared to many of its peers, significant international exposure, portfolio restructuring and earnings power as well as returns to shareholders. Like past quarters, Starwood raised its earnings guidance, reflecting its sound business model. For 2012, management remains hopeful on emerging markets. Starwood, which competes with Marriott International Inc. ( MAR ), currently retains a Zacks #3 Rank, which translates into a short-term Hold rating. We are maintaining our long-term Outperform recommendation on the stock. Another Acquisition for ADP Automatic Data Processing Inc. ( ADP ) recently announced the acquisition of privately held PhyLogic Healthcare LLC, a well known provider of revenue cycle management (RCM) and medical billing outsourcing services. However, terms of the transaction were not disclosed. Founded in 2001, Springfield, Massachusetts-based PhyLogic provides billing and accounts receivable services to medical practitioners across the U.S. The company also provides electronic health records (EHR) and cloud-based practice management ( PM ) solutions. Post acquisition, PhyLogic will be integrated into ADP's medical office software division, AdvancedMD that was acquired in early 2011. The acquisition of PhyLogic marks an important addition to ADP's portfolio, as it will help the company to enter the fast growing RCM market. The U.S. RCM market is expected to grow from approximately $4 billion in 2010 to more than $9 billion by 2018, driven by the upcoming medical reimbursement regulation changes, according to ST Advisors, LLC. We believe that the PhyLogic acquisition will help ADP to seize this significant opportunity over the long term. Moreover, PhyLogic's client base primarily consists of small- and mid-size U.S. medical practitioners, a niche market that ADP has been focusing on for some time. ADP is also expected to widen its presence in the small business services segment through this acquisition. Our Take ADP's growth in recent years has been largely driven by accretive acquisitions, for which it has spent approximately $776 million in 2011 itself. If the latest acquisitions are anything to go by, then the company clearly intends to continue along the same lines in 2012. In early January, ADP entered the lucrative Indian market with the acquisition of Ma Foi Consulting Solutions Ltd, an Indian human resource and payroll management company. The acquisition is a strategic fit for the company as it will facilitate further expansion in developing markets. Through this acquisition, ADP will gain access to the growing market of human resource business process outsourcing (HR BPO) in India. We believe that the back-to-back acquisitions will drive top-line growth for fiscal 2012 and beyond. The acquisitions are expected to diversify ADP's revenue base, which in turn will help the company to outperform the market, in our view. However, increasing competition from Paychex Inc . ( PAYX ) and Insperity Inc . ( NSP ) and a gloomy macro outlook in North America and Europe are major headwinds in the near term. Additionally, higher unemployment rates and low interest rates remain concerns for the company's payroll processing business. We maintain our Neutral recommendation on the stock over the long term (6-12 months). Currently, ADP has a Zacks #3 Rank, which implies a Hold rating on a short-term basis. Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515 . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks ""Profit from the Pros"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518 . Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com AUTOMATIC DATA ( ADP ): Free Stock Analysis Report STARWOOD HOTELS ( HOT ): Free Stock Analysis Report MARRIOTT INTL-A ( MAR ): Free Stock Analysis Report INSPERITY INC ( NSP ): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-02-06,37.6161,37.7345,37.4504,37.6023, ADP,2012-02-07,37.479,37.5155,37.268,37.4258, ADP,2012-02-08,37.3725,37.4593,37.1703,37.2334, ADP,2012-02-09,37.406,37.4455,37.1141,37.2206,"Equifax Posts a Decent 4Q - Analyst Blog Equifax Inc. ( EFX ) has posted fourth quarter 2011 adjusted earnings per share ( EPS ) of 68 cents, inching past the Zacks Consensus Estimate by a penny. Results were up 9.7% from 62 cents reported in the year-ago quarter. The adjusted EPS excludes acquisition-related amortization expense. Management attributed the improvement to diverse product offerings which expanded Equifax' scope within the market. Revenue Revenue grew 5.7% year over year to $509.7 million. The upside could be attributed to top-line growth across the board, partially offset by lackluster performance by the International segment. Segment wise, total U.S. Consumer Information Solutions (USCIS) revenue was $215.6 million, up 13.0% from the year-ago quarter. Among sub-segments, strong growth was noticed in Online Consumer Information Solutions (17.0%), followed by Mortgage Solutions Services (13.0%). The company witnessed a relatively slower growth rate in its Consumer Financial Marketing Services segment (2.0%). Total International (including Europe, Canada and Latin America) revenue slid 8.0% year over year to $116.3 million. Of this, Latin America decreased 26.0%, Europe grew 15.0%, and the Canada Consumer segment climbed 3.0% in U.S. dollar terms. Revenue from the TALX segment increased 3.0% year over year to $105.8 million. The upside resulted from an 11.0% year-over-year increase in T Verification Services revenue and Employer Services revenue. North American Personal Solutions contributed $45.6 million, reflecting a 21.0% year-over-year improvement. North American Commercial Solutions brought in $26.4 million, up 6.0% from the year-ago quarter. Operating Results Gross margin in the fourth quarter was 61.9%, up from 59.9% in the year-ago quarter. Operating margin was 24.7% as against 22.8% a year ago. The margin performance was better in USCIS, International and North America Commercial Solutions, partially offset by weak performances by North America Personal Solutions and TALX. The company reported higher operating expenses with selling, general and administrative expenditure increasing 8.5% year over year, partially offset by a 1.9% decline in depreciation and amortization expenses. On a GAAP basis, net income from continuing operations was $72.9 million or 60 cents per share versus $62.2 million or 50 cents per share in the comparable quarter last year. Excluding the impact of acquisition-related amortization expense (net of tax) and a tax benefit, adjusted net income was $83.0 million or 68 cents per share, compared with $76.9 million or 62 cents per share in the year-ago quarter. Balance Sheet, Cash Flow & Share Repurchase Equifax exited the quarter with $127.7 million in cash and cash equivalents, up from $102.0 million in the previous quarter. Accounts receivables were $284.4 million. Total long-term debt was $1.01 billion, down from $1.04 billion in the prior quarter. Cash provided by operating activities was $149.7 million, compared with $112.0 million in the prior quarter. The company bought back 1.9 million of it common shares for $67.1 million during the quarter. At December 31, 2011, the remaining authorization for future share repurchases was $112.1 million. Guidance For the first quarter of 2012, Equifax expects revenue to be up 9.0% to 12.0% from the year-ago quarter, based on contributions from domestic and international businesses and the ongoing foreign exchange rates. Excluding the impact of acquisition-related amortization expense, Equifax expects adjusted earnings per share to range between 64 cents and 67 cents. The Zacks Consensus Estimate for the first quarter is 65 cents, which is at the higher end of the company's guidance. Our Take We are not very excited about the company's fourth quarter performance, which marginally surpassed the Zacks Consensus Estimate on the bottom line. But we are optimistic about revenue growth prospects and improving margins through fiscal 2012. Management's efforts regarding strategic initiatives around product innovation, broadening data assets through acquisitions and continuous share gains in North America were encouraging. However, given the company's strong correlation to consumer and financial markets, as well as its U.S. exposure, we see a gradual improvement in results. But stiff competition from Automatic Data Processing Inc. ( ADP ) is a concern. Currently, Equifax has a Zacks #3 Rank implying a short-term Hold rating. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report EQUIFAX INC ( EFX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-02-10,37.0678,37.1446,36.7748,36.8389, ADP,2012-02-13,37.047,37.2739,36.8162,36.9889, ADP,2012-02-14,36.9809,37.1377,36.7531,37.0036,"[""Top 4 Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 Stocks In The Business Software & Services Industry With The Highest Dividend Yield""]" ADP,2012-02-15,36.8971,37.0618,36.6131,36.688, ADP,2012-02-16,36.8025,36.9533,36.7236,36.7236, ADP,2012-02-17,36.8202,37.1516,36.7718,37.0026, ADP,2012-02-21,37.0678,37.0963,36.5994,36.7334, ADP,2012-02-22,36.6703,37.0026,36.6703,36.7048, ADP,2012-02-23,36.6516,36.8931,36.6516,36.696, ADP,2012-02-24,36.7985,36.7985,36.5747,36.7127, ADP,2012-02-27,36.6249,37.0835,36.3596,36.9021, ADP,2012-02-28,37.0668,37.2285,36.8281,37.199,"Looking for ""Quality Growth"" Stocks Fund manager Rob McIver looks for stocks that can deliver solid earnings growth in good times and bad. Here are some of his picks." ADP,2012-02-29,37.2009,37.3527,37.0036,37.047, ADP,2012-03-01,37.2394,37.5471,37.1369,37.4258,"[""UBS Initiates Coverage on Automatic Data Processing at Buy, Announces PT of $63"", ""UBS Initiates Coverage on Automatic Data Processing at Buy, Announces PT of $63"", ""UBS Initiates Coverage on Automatic Data Processing at Buy, Announces PT of $63""]" ADP,2012-03-02,37.3784,37.4258,37.0026,37.1299, ADP,2012-03-05,37.046,37.2453,36.9365,37.1624, ADP,2012-03-06,36.8705,37.194,36.7127,36.7501, ADP,2012-03-07,36.9789,37.4258,36.8587,37.2896,"[""UPDATE: U.S. Private-Sector Employment Increased by 216K Jobs in February -ADP"", ""UPDATE: U.S. Private-Sector Employment Increased by 216K Jobs in February -ADP"", ""ADP Report Should Help Market - Analyst Blog Stocks should be able to recoup some of the losses from the day before following the reassuring labor market reading from payroll processor Automatic Data Processing ( ADP ). The stock market took it on the chin on Tuesday as confusion about the intricate details of the Greek bond swap and the potential for a disorderly default took center stage. The issue is still there given the Thursday deadline for the deal, but the shift in focus today to the domestic labor market should help calm nerves to some extent. A total of 216K private sector jobs were in created in February according to ADP, matching expectations. The jobs numbers for January were revised upwards by 3K to 173K. The gains were broad-based across industries and business sizes. More than half of the January job gains came from small businesses with less than 50 employees. Medium-sized businesses, those with less than 500 employees, accounted for most of the rest of the gains. Construction added 16K during the month, in-line with recent indicators of improving health in the sector in the shape of housing starts and builder confidence. The overall mild weather across broad swaths of the country also likely helped the construction gains. The ADP tally sets the tone for Friday's government jobs report, which is expected to show headline job gains of around 213K. Today's ADP report indicates that the headline print on the Friday non-farm payroll report from the Bureau of Labor Statistics (BLS) will likely be tad lower than current expectations of about 213K. The overall trend on the labor market front remains favorable as confirmed by the steady downtrend in the weekly Jobless Claims data and improvement in the employment components of the ISM surveys. In corporate news, Apple ( AAPL ) is coming out with the latest iteration of the iPad tablet. It will be interesting to see if this product launch will help stem the recent weakness in Apple shares. Pandora Media ( P ) will also be in the spotlight today following the company's weaker-than-expected results and guidance after the close on Tuesday. APPLE INC ( AAPL ): Free Stock Analysis Report AUTOMATIC DATA ( ADP ): Free Stock Analysis Report PANDORA MEDIA ( P ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street - March 7, 2012 - Ahead of Wall Street Wednesday, March 7, 2012 Stocks should be able to recoup some of the losses from the day before following the reassuring labor market reading from payroll processor Automatic Data Processing ( ADP ). The stock market took it on the chin on Tuesday as confusion about the intricate details of the Greek bond swap and the potential for a disorderly default took center stage. The issue is still there given the Thursday deadline for the deal, but the shift in focus today to the domestic labor market should help calm nerves to some extent. A total of 216K private sector jobs were in created in February, according to the ADP, matching expectations. The jobs numbers for January were revised upwards by 3K to 173K. The gains were broad based across industries and business sizes. More than half of the January job gains came from small businesses with less than 50 employees. Medium sized businesses, those with less than 500 employees, accounted for most of the rest of the gains. Construction added 16K during the month, in-line with recent indicators of improving health in the sector in the shape of housing starts and builder confidence. The overall mild weather across broad swaths of the country also likely helped the construction gains. The ADP tally sets the tone for Friday's government jobs report, which is expected to show headline job gains of around 213K. Today's ADP report indicates that the headline print on the Friday non-farm payroll report from the Bureau of Labor Statistics (BLS) will likely be tad lower than current expectations of about 213K. The overall trend on the labor market front remains favorable as confirmed by the steady downtrend in the weekly Jobless Claims data and improvement in the employment components of the ISM surveys. In corporate news, Apple ( AAPL ) is coming out with the latest iteration of the iPad tablet device. It will be interesting to see if this product launch will help stem the recent weakness in Apple shares. Pandora Media ( P ) will also be in the spotlight today following the company's weaker than expected results and guidance after the close on Tuesday. Sheraz Mian Director of Research APPLE INC ( AAPL ): Free Stock Analysis Report AUTOMATIC DATA ( ADP ): Free Stock Analysis Report PANDORA MEDIA ( P ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: U.S. Private-Sector Employment Increased by 216K Jobs in February -ADP""]" ADP,2012-03-08,37.4455,37.5895,37.2818,37.5155,"[""ADP Signs Definitive Agreement to Acquire the Human Resource Solutions Subsidiary of SHPS; Terms Not Disclosed"", ""ADP Signs Definitive Agreement to Acquire the Human Resource Solutions Subsidiary of SHPS; Terms Not Disclosed"", ""Oil Rises Above $107 on Greece Hopes, Jobs Data Crude oil prices gained in European trade Thursday as better-than-expected ADP jobs report in the U.S. and the progress in the Greek debt swap deal boosted sentiment. Light sweet crude for April delivery gained 0.91 percent to $107.13 a barrel in electronic trading on the New York Mercantile Exchange during European trading hours. Brent crude oil futures for April delivery rose 1.05 percent to $125.44 a barrel on the ICE futures exchange in London. Wednesday, a report from Automatic Data Processing ( ADP ) showed that the U.S. private sector added more jobs than expected in February. Companies added 216,000 workers to their payrolls in February, up from an upwardly revised 173,000 jobs added in January. The sentiment was also lifted on hopes that Greece would win enough creditor support to avoid a messy default. Major banks and pension funds showed their support for Greece's bond swap offer to private creditors, spurring optimism that the deal will pass and clear the way for a bailout package to avert an immediate default on its debt, Reuters reported. Meanwhile, the U.S. Energy Information Administration Wednesday said that crude oil inventories rose 832000 barrels last week, close to a consensus forecast for an 800000 barrels. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Signs Definitive Agreement to Acquire the Human Resource Solutions Subsidiary of SHPS; Terms Not Disclosed""]" ADP,2012-03-09,37.2896,37.8469,37.2896,37.7532, ADP,2012-03-12,37.7256,37.8606,37.6742,37.7059, ADP,2012-03-13,37.8469,37.9544,37.5076,37.8399, ADP,2012-03-14,37.8399,38.0628,37.5835,37.9189, ADP,2012-03-15,37.9267,38.0628,37.6742,38.051,"[""ETFs For Warren Buffett's Next Takeover (KOL, EWJ, XLF)"", ""ETFs For Warren Buffett's Next Takeover (KOL, EWJ, XLF)"", ""ETFs For Warren Buffett's Next Takeover (KOL, EWJ, XLF)""]" ADP,2012-03-16,37.9544,38.1348,37.7196,37.8606, ADP,2012-03-19,37.8606,38.2157,37.6802,38.0096, ADP,2012-03-20,37.8606,37.9898,37.7059,37.8469, ADP,2012-03-21,37.761,37.9691,37.7196,37.8469, ADP,2012-03-22,37.7847,37.9327,37.6742,37.8252, ADP,2012-03-23,37.9267,37.9898,37.6191,37.7847, ADP,2012-03-26,38.0816,38.3331,38.046,38.2907, ADP,2012-03-27,38.3045,38.3676,38.0964,38.2965,"Earnings Preview: Paychex Inc. - Analyst Blog Paychex Inc. ( PAYX ) is scheduled to announce its third quarter fiscal 2012 results on March 28 after the closing bell, and we notice no movement in analyst estimates at this point. Second Quarter Overview Paychex delivered modest second quarter 2012 results, with earnings of 39 cents per share beating the Zacks Consensus Estimate by a penny. The quarter's results indicate slow recovery in the small and medium business ( SMB ) sector due to deceleration in high unemployment and inflation rates. Paychex' second quarter revenues grew 6.6% year over year, backed by increases of 12.5% in Human Resource Service revenue and 4.8% in Payroll Service revenue. A modest revenue growth and better cost management led to operating margin expansion of 640 basis points year over year. Nevertheless, Paychex seemed a bit cautious about the fiscal 2012 guidance. Keeping in view the current market and economic condition, Paychex believes that checks per client will moderate through fiscal 2012, impacting quarterly comparisons for both Payroll Service and Human Resource Service revenues. Moreover, Paychex believes that the favorability in expenses realized in the second quarter may not be realized throughout fiscal 2012 due to the planned investments in its business. For more details of second quarter earnings, please visit: Paychex Beats Despite SMB Slowdown . Agreement of Analysts Out of the 20 and 23 analysts providing estimates for the third quarter and fiscal 2012, respectively, none made any revision in the last 30 days. Also, no change was noticed in the estimates provided for fiscal 2013. But some analysts prefer to remain cautious based on management's commentary regarding the sluggishness in new small-business formation. Moreover, a few analysts think that aggressive pricing from Automated Data Processing Inc. ( ADP ) is stealing customers away from Paychex. The time difference between when the company receives payments from its clients and pays it out to employees typically earns some interest for Paychex. Now, with the government contemplating lower interest rates, this quick income stream of the company will also be restricted. Magnitude of Estimate Revisions There was no change in the Zacks Consensus Estimate for the third quarter or fiscal 2012 over the past 30 days. We also see that there was no change in estimates over the past 90 days, implying that analysts have stuck to their estimates post second quarter results. Recommendation The market is losing confidence on the growth of the SMB group. The sector is being hit hard by lackluster demand that comes on the heels of high unemployment and inflation rates. Outsourcing companies like Paychex are highly dependent on the performance of the SMB sector and this is the reason why it may not see much revenue growth. However, we are encouraged by management's positive commentary regarding continued investments in product development and synergies from the recent acquisition. We also believe that cost control will play an important role for Paychex, going forward. Though new business wins in the SMB sector, and stiff competition from Automated Data Processing and Administaff Inc. will remain a constant worry, we believe that Paychex can benefit from the improvement in the U.S. employment situation. Hence, considering the situation and keeping in mind Paychex' consistency in delivering impressive results and zero European exposure, we expect a constructive quarter ahead. Paychex has a Zacks # 3 Rank, implying a short-term Hold recommendation. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-03-28,38.2699,38.3045,37.9494,38.1043,"Earnings Preview: Paychex Inc. (revised) - Analyst Blog Paychex Inc. ( PAYX ) is scheduled to announce its third quarter fiscal 2012 results on March 28 after the closing bell, and we notice no movement in analyst estimates at this point. Second Quarter Overview Paychex delivered modest second quarter 2012 results, with earnings of 39 cents per share beating the Zacks Consensus Estimate by a penny. The quarter's results indicate slow recovery in the small and medium business ( SMB ) sector due to deceleration in high unemployment and inflation rates. Paychex' second quarter revenues grew 6.6% year over year, backed by increases of 12.5% in Human Resource Service revenue and 4.8% in Payroll Service revenue. A modest revenue growth and better cost management led to operating margin expansion of 640 basis points year over year. Nevertheless, Paychex seemed a bit cautious about the fiscal 2012 guidance. Keeping in view the current market and economic condition, Paychex believes that checks per client will moderate through fiscal 2012, impacting quarterly comparisons for both Payroll Service and Human Resource Service revenues. Moreover, Paychex believes that the favorability in expenses realized in the second quarter may not be realized throughout fiscal 2012 due to the planned investments in its business. For more details of second quarter earnings, please visit: Paychex Beats Despite SMB Slowdown . Agreement of Analysts Out of the 20 and 23 analysts providing estimates for the third quarter and fiscal 2012, respectively, none made any revision in the last 30 days. Also, no change was noticed in the estimates provided for fiscal 2013. But some analysts prefer to remain cautious based on management's commentary regarding the sluggishness in new small-business formation. Moreover, a few analysts think that aggressive pricing from Automated Data Processing Inc. ( ADP ) is stealing customers away from Paychex. The time difference between when the company receives payments from its clients and pays it out to employees typically earns some interest for Paychex. Now, with the government contemplating lower interest rates, this quick income stream of the company will also be restricted. Magnitude of Estimate Revisions There was no change in the Zacks Consensus Estimate for the third quarter or fiscal 2012 over the past 30 days. We also see that there was no change in estimates over the past 90 days, implying that analysts have stuck to their estimates post second quarter results. Recommendation The market is losing confidence on the growth of the SMB group. The sector is being hit hard by lackluster demand that comes on the heels of high unemployment and inflation rates. Outsourcing companies like Paychex are highly dependent on the performance of the SMB sector and this is the reason why it may not see much revenue growth. However, we are encouraged by management's positive commentary regarding continued investments in product development and synergies from the recent acquisition. We also believe that cost control will play an important role for Paychex, going forward. Though new business wins in the SMB sector, and stiff competition from ADP and Insperity ( NSP ) will remain a constant worry, we believe that Paychex can benefit from the improvement in the U.S. employment situation. Hence, considering the situation and keeping in mind Paychex' consistency in delivering impressive results and zero European exposure, we expect a constructive quarter ahead. Paychex has a Zacks #3 Rank, implying a short-term Hold recommendation. (We are reissuing this article to correct a mistake. The original revision, issued yesterday, March 28, 2012, should no longer be relied upon.) AUTOMATIC DATA ( ADP ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-03-29,37.9494,38.051,37.5835,37.8123,"Paychex Beats, Revenue Improves - Analyst Blog Paychex Inc. ( PAYX ) reported third-quarter fiscal 2012 earnings of 37 cents per share, beating the Zacks Consensus Estimate of 34 cents. The company witnessed revenue improvement across all its segments and displayed a good operating performance. Revenues Paychex reported third-quarter 2012 revenues of $569.5 million, up 7.2% from $531.3 million in the year-ago quarter. The year-over-year upside can be attributed to growth in Payroll service revenue and Human Resource service revenue. Payroll Service segment revenue increased 5.5% year over year to $386.5 million. Excluding the contribution from SurePayroll, Payroll service revenue growth was 4.0%, mainly attributable to the increase in checks per payroll and a modest rise in revenue per check. Revenue generated per issued check was impacted by price increases, partially offset by discounting. Human Resource Services segment generated $172.0 million in revenues, up 12.3% from the prior-year quarter. The improvement was partly based on the contribution from ePlan Services. Excluding ePlan, the segment revenue growth for the third quarter stood at 10%, reflecting client growth and price increases. Operating Results In the third quarter, Paychex incurred total expense of $359.1 million, up 8.0% from the year-ago quarter. The rise was mainly due to higher selling, general and administrative expenses. Operating income was $210.4 million, up 5.8% from the year-ago period, attributable to modest revenue growth and better cost management. Operating margin was 36.9% versus 37.4% in the year-ago quarter. Net income of $135.4 million in the reported quarter reflected a 3.7% increase from $130.6 million in the prior-year quarter. Net income per diluted share was 37 cents compared with 36 cents in the year-ago quarter. There was no one-time item during the quarter. Balance Sheet Paychex exited the third quarter with cash and cash equivalents of $146.5 million, down from $96.1 million at the end of the prior quarter. Corporate investments decreased $41.0 million sequentially to $356.8 million. Additionally, interest on funds held for clients decreased 7.0% year over year to $11.0 million, as a result of lower average interest rates earned, partly offset by a 7% increase in average investment balances. Paychex has no long-term debt. Guidance Keeping in view the current market and economic conditions, Paychex believes that checks per client will moderate for the remainder of fiscal 2012, thereby impacting quarterly comparisons for both Payroll Service and Human Resource Services revenues. Moreover, Paychex reaffirmed its full-year guidance. For fiscal 2012, Paychex expects a 5-7% increase in Payroll Service revenues compared with the year-ago quarter. Human Resource Services revenues are expected to increase in the range of 12.0% to 15.0%. Total service revenue will likely grow in the range of 7% to 9%. The company expects a 12-14% decline in interest on funds held for clients and a roughly 2% upside in net investment income. Interest on funds held for clients and investment income for fiscal 2012 are expected to be impacted by the low interest rate environment. However, investment of cash generated from operations is expected to persist, thus increasing investment income. Net operating income is expected in the range of 36% to 37% for fiscal 2012. The effective income tax rate for fiscal 2012 is expected to be similar to the rate experienced for the nine months ended February 29, 2012. Our Take Paychex' third quarter results were modest, with the bottom line exceeding the Zacks Consensus Estimate. We are also positive on management's positive commentary regarding continued investments in product development and synergies from the recent acquisition. The company has managed cost well along with improving revenue. Though new business wins in the SMB sector and stiff competition from Automated Data Processing Inc. ( ADP ) and Administaff Inc. will remain a constant worry, we believe that Paychex can benefit from the improvement in the U.S. employment situation and zero European exposure. Paychex has a Zacks # 3 Rank, implying a short-term Hold rating. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-03-30,38.0816,38.2551,37.903,37.9189, ADP,2012-04-02,37.8636,38.6082,37.6466,38.4337, ADP,2012-04-03,38.5855,38.5855,38.1418,38.4395, ADP,2012-04-04,38.3105,38.3105,38.0096,38.126,"[""UPDATE: ADP U.S. Private-Sector Employment Increased by 209,000 Jobs in March"", ""UPDATE: ADP U.S. Private-Sector Employment Increased by 209,000 Jobs in March"", ""ADP Jobs Report Comes In-Line - Analyst Blog All evidence pointing towards an improving economy should be good news for stocks. But, as we saw with the market's reaction on Tuesday to the minutes of the Fed's last meeting, favorable movement on the economy's front also means less support from the Fed going forward. This morning's strong labor market reading from payroll processor Automatic Data Processing ( ADP ) further confirms the economy's strengthening fundamentals. Whether investors perceive this as good news or bad will depend on whether they think stocks need a healthier economy that can stand on its own or permanent crutches from the Central Bank. I strongly believe that the prospect of no more Fed support is a net bullish development for the market and the economy, but this thinking will likely take some time to fully seep in. We also have fresh jitters about Europe this morning following a weak Spanish government bond auction, but the overall driver of today's market action will be a reflection of the theme outlined above. A total of 209K private sector jobs were in created in March, according to ADP, matching expectations. The jobs numbers for February and January were revised upwards to 230K (from 216K) and 182K (from 173K). The gains were broad-based across industries and business sizes, with manufacturing adding 23K and the broader goods producing sector generating 45K jobs. As would be expected at this stage of the cycle, the services sector added most of the jobs, with small businesses accounting for the bulk of the hiring. Interestingly, weather did not appear to have been much of a factor as a number of analysts had been expecting, confirming that the labor market gains of the last few months reflect underlying improvement in the economy and not some temporary helping hand from Mother Nature. The ADP tally sets the tone for Friday's jobs report from the government's Bureau of Labor Statistics (BLS), which is expected to show headline job gains of around 200K. The ADP numbers have come below the corresponding BLS numbers over the last three months. February's 230K tally of jobs (revised upwards today from 216K) was preceded by 182K (originally reported at 173K) in January and 267K in December. The corresponding BLS tally of private sector jobs were 233K in February and 285K in January and 234K in December. Going by this trend, we will not only get an above 200K print from the BLS on Friday, but will most likely see positive revisions to the February and January numbers as well. Please keep in mind that private payrolls in the BLS report have been revised upwards in each of the last nine months, likely highlighting that official BLS numbers are under-counting the full extent of labor market improvement. The unemployment rate will also likely come down from February's 8.3% level to the bottom of the Fed's 8.2% to 8.5% range for the year. Tuesday's Fed minutes showed that some on the FOMC are skeptical of the staying power of the labor market gains, citing the reversals in 2011 and 2010 of similar improving trends in those years. Even so, the majority on the interest-rate-setting panel appears comfortable enough with the economy's growth momentum to not envision any further stimulus through additional quantitative easing. This morning's strong labor market reading further confirms that favorable view of the economy, likely disappointing those once again who were looking for the Fed to continue its easy-money policy. As I said at the top, this is no reason to feel glum. This development confirms that the stock market gains of the last few months are not only sustainable, but have solid fundamental support. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street - April 4, 2012 - Ahead of Wall Street Wednesday, April 4, 2012 All evidence pointing towards an improving economy should be good news for stocks. But, as we saw with the market's reaction on Tuesday to the minutes of the Fed's last meeting, favorable movement on the economy's front also means less support from the Fed going forward. This morning's strong labor market reading from payroll processor Automatic Data Processing ( ADP ) further confirms the economy's strengthening fundamentals. Whether investors perceive this as good news or bad will depend on whether they think stocks need a healthier economy that can stand on its own or permanent crutches from the Central Bank. I strongly believe that the prospect of no more Fed support is a net bullish development for the market and the economy, but this thinking will likely take some time to fully seep in. We also have fresh jitters about Europe this morning following a weak Spanish government bond auction, but the overall driver of today's market action will be a reflection of the theme outlined above. A total of 209K private sector jobs were in created in March, according to ADP, matching expectations. The jobs numbers for February and January were revised upwards to 230K (from 216K) and 182K (from 173K). The gains were broad-based across industries and business sizes, with manufacturing adding 23K and the broader goods producing sector generating 45K jobs. As would be expected at this stage of the cycle, the services sector added most of the jobs, with small businesses accounting for the bulk of the hiring. Interestingly, weather did not appear to have been much of a factor as a number of analysts had been expecting, confirming that the labor market gains of the last few months reflect underlying improvement in the economy and not some temporary helping hand from Mother Nature. The ADP tally sets the tone for Friday's jobs report from the government's Bureau of Labor Statistics (BLS), which is expected to show headline job gains of around 200K. The ADP numbers have come below the corresponding BLS numbers over the last three months. February's 230K tally of jobs (revised upwards today from 216K) was preceded by 182K (originally reported at 173K) in January and 267K in December. The corresponding BLS tally of private sector jobs were 233K in February and 285K in January and 234K in December. Going by this trend, we will not only get an above 200K print from the BLS on Friday, but will most likely see positive revisions to the February and January numbers as well. Please keep in mind that private payrolls in the BLS report have been revised upwards in each of the last nine months, likely highlighting that official BLS numbers are under-counting the full extent of labor market improvement. The unemployment rate will also likely come down from February's 8.3% level to the bottom of the Fed's 8.2% to 8.5% range for the year. Tuesday's Fed minutes showed that some on the FOMC are skeptical of the staying power of the labor market gains, citing the reversals in 2011 and 2010 of similar improving trends in those years. Even so, the majority on the interest-rate-setting panel appears comfortable enough with the economy's growth momentum to not envision any further stimulus through additional quantitative easing. This morning's strong labor market reading further confirms that favorable view of the economy, likely disappointing those once again who were looking for the Fed to continue its easy-money policy. As I said at the top, this is no reason to feel glum. This development confirms that the stock market gains of the last few months are not only sustainable, but have solid fundamental support. Sheraz Mian Director of Research AUTOMATIC DATA ( ADP ): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""S&P 500 Tests Support at its 14-Day Moving Average SHUTTERSTOCK PHOTO Wall Street showed its bearish colors Tuesday, after the Federal Open Market Committee (FOMC) unveiled the minutes from its latest meeting, and traders seem poised to follow in those footsteps today. A few interesting developments could unfold throughout the session, in the form of: the deluge of economic data set to hit the Street, with the Automatic Data Processing ( ADP ) payrolls report in early focus, the depleting interest in Spanish bonds , and a face-off between the S&P 500 Index ( SPX ) and its recently supportive 14-day moving average . Among equities, weaker prices and lower demand are cutting into SanDisk's (SNDK ) top line, while Mitcham Industries' (MIND ) earnings results have pushed its shares higher ahead of the bell. Heading into today's busy session, futures on the Dow Jones Industrial Average (DJIA) are flirting with a triple-digit loss right out of the gate. And now, on to the numbers... Currencies and Commodities The U.S. dollar index is pointed 0.2% higher this morning, with the greenback trading at $79.66. Ahead of inventories, crude oil is in retreat mode , with the front-month contract 0.8% lower at $103.20 per barrel. Elsewhere, gold futures are on pace to swallow a 2.3% loss in today's session, with gold for June delivery last seen at $1,633.50 an ounce. After last night's close, SanDisk Corporation (SNDK - 50.05) downwardly revised its fiscal first-quarter revenue outlook, citing weak pricing and demand. For the quarter ended April 1, the data storage issue is now calling for revenue to arrive around $1.2 billion, down from its previous projection for $1.3 billion to $1.35 billion. SNDK also expects gross margin to fall below its prior 39% to 42% forecast. Analysts, meanwhile, are calling for revenue of $1.34 billion. SNDK is scheduled to release its full earnings results on Thursday, April 19. SNDK is down 6.8% in pre-market trading. Meanwhile, Mitcham Industries (MIND - 24.32) banked a fiscal fourth-quarter profit of $10.2 million, or 77 cents per share, up from $1.8 million, or 17 cents per share, in the year-ago period. Meanwhile, revenue jumped by 88% to $37 million. Specifically, equipment leasing revenues -- excluding equipment sales -- rose by 87%, while Seamap equipment sales climbed by 78%. Analysts, on average, were expecting earnings of 57 cents per share on sales of $31 million. MIND is up 11% ahead of the bell. Earnings and Economic Data Jobs data starts to trickle in today, with the release of ADP's private-sector payrolls report for March. Also on tap is the ISM services index , and the usual update on crude inventories . The earnings calendar includes reports from Acuity Brands ( AYI ), AngioDynamics ( ANGO ), Monsanto ( MON ) , PriceSmart (PSMT), and Ruby Tuesday (RT) . Keep your browser at SchaeffersResearch.com for more news as it breaks. Overseas Trading Asian markets ended lower today, tracking Tuesday's gloomy session on Wall Street. A stronger U.S. dollar weighed on energy and resource stocks, while Fast Retailing led the laggards in Tokyo after a disappointing same-store sales report. Traders also digested another round of anxiety-inducing economic data, as Australia swung to a surprise trade deficit in February on weaker coal shipments to China. By the close, Japan's Nikkei fell 2.3%, and South Korea's Kospi shed 1.5%. Markets in China and Hong Kong are closed for holiday. The selling mood has spread to Europe, with the major regional benchmarks planted firmly south of breakeven at midday. Banks are among the notable decliners, thanks to a lackluster bond sale by fiscally strapped Spain. Meanwhile, as widely expected, the European Central Bank (ECB) opted to hold its main lending rate steady at the current record low of 1%. At last check, London's FTSE 100 has lost 1.3%, the French CAC 40 is off 1.5%, and the German DAX is down 1.7%. Market Statistics Equity option activity on the Chicago Board Options Exchange (CBOE) saw 1,175,201 call contracts traded on Tuesday, compared to 692,535 put contracts. The resultant single-session put/call ratio arrived at 0.59, while the 21-day moving average was 0.60. Unusual Put and Call Activity: For an explanation of how to use this information, check out our Education Center topics on Option Volume and Open Interest Configurations . Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up here for free daily delivery, straight to your inbox, before the opening bell. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: ADP U.S. Private-Sector Employment Increased by 209,000 Jobs in March""]" ADP,2012-04-05,38.0628,38.1891,37.9544,38.1693,"[""ADP Buys SHPS Subsidiary - Analyst Blog Automatic Data Processing Inc. (ADP) recently announced that it has completed the acquisition of the human resource subsidiary of SHPS. However, the terms of the deal were not disclosed. The recent takeover marks ADP's third acquisition in the last four months of 2012. Louisville, Kentucky-based SHPS offers employee benefit programs and benefit administration services. This is not the first acquisition of its kind, as even last year ADP acquired privately held Asparity Decision Solutions, a well known provider of employee benefit solutions. The acquisitions are in fact reflective of ADP's decision to expand its portfolio in the benefit administration segment. The ongoing health care reforms and complex regulations related to the Patient Protection and Affordable Care Act (PPACA) has complicated benefit administration of many companies. Employees are also facing increasing difficulties in selecting the appropriate benefit plan for themselves and their families that could maximize their take-home salary and simultaneously reduce the cost-burden on their employers. SPHS Human Resource Solutions are a strategic fit for ADP, as they not only expand the company's benefits portfolio but also enhance its exposure to new areas of absence management and reimbursement solutions. We believe that the addition of SPHS human resource subsidiary will boost ADP's clientele growth going forward. As such ADP's growth in recent years has been largely driven by accretive acquisitions, for which it has spent approximately $776 million in 2011 itself. If the latest acquisitions are anything to go by, then the company clearly intends to tread the same path in 2012. In February, the company acquired privately held PhyLogic Healthcare LLC, a well-known provider of revenue cycle management (RCM) and medical billing outsourcing services. The acquisition was made to augment ADP's position in the rapidly growing U.S. RCM market. According to ST Advisors, LLC, the RCM market is expected to grow from approximately $4 billion in 2010 to more than $9 billion by 2018, driven by the upcoming medical reimbursement regulation changes. In early January, ADP entered the lucrative Indian market with the acquisition of Ma Foi Consulting Solutions Ltd, an Indian human resource and payroll management company. The acquisition should be beneficial for the company as it will facilitate further expansion in developing markets. Through this acquisition, ADP will gain access to the growing market of human resource business process outsourcing (HR BPO) in India. We believe that the back-to-back acquisitions will drive top-line growth for fiscal 2012 and beyond. The acquisitions are expected to diversify ADP's revenue base, which in turn will help the company to outperform the market, in our view. However, increasing competition from Paychex Inc. (PAYX) and Insperity Inc. (NSP) and a gloomy macro outlook in North America and Europe are major headwinds over the near term. Additionally, higher unemployment rates and low interest rates remain concerns for the company's payroll processing business. We maintain our Neutral recommendation on the stock over the long term (6-12 months). Currently, ADP has a Zacks #3 Rank, which implies a Hold rating on a short-term basis. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report INSPERITY INC ( NSP ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street for April 5, 2012 - Ahead of Wall Street This morning, weekly Initial Jobless Claims numbers were released, and continue to point toward a U.S. economy which is solidifying of the labor market front. New jobless claims reached 357K, down 6000 from the previous month, which has been revised to 359K. The 4-week moving average fell 4250 to 361,750. Clearly we've been in a favorable zone well below the 400K level for the longest period in 3+ years. But we'd spent so much time since the collapse in late 2008 above the 400K level that it will still take some time before this positivity is felt by the average American. That said, we're closer than we've been in quite some time. Continuing jobless claims also continue to improve. A total of 3.338 million claims were made in the month of March, down from 3.354 the previous week. However, as our Chief Market Strategist Dirk van Dijk, CFA often points out, there is no way to tell whether those leaving the rolls of continuing claims are due to people finding new jobs or whether their jobless claims have expired. The market, however, will remain focused on tomorrow's Bureau of Labor Statistics (BLS) non-farm employment payroll report. There, too, the numbers have been healthy of late: February saw job gains of 233K, following January's impressive 285K new jobs. Importantly, we note that the BLS numbers tomorrow will not reflect today's jobless claims numbers, as last week's results will not be included in the BLS tally. Yesterday's strong ADP ( ADP ) employment report is further evidence that the U.S. labor market is back on track, including its upward revisions for January and February. And the Fed's posturing toward forgoing additional quantitative easing (QE3), while it disappointed the market yesterday, is nevertheless another positive piece to the puzzle. Concerns about an eventual Spain bailout temper today's mood. And a possible S&P downgrade of Best Buy ( BBY ) debt to near \""junk\"" status, as well as Yahoo ( YHOO ) preparing to lay off 2000 more employees and Ruby Tuesday ( RT ) closing up to 27 news restaurants may weigh on the market a bit today. On the other hand, Target ( TGT ) gave a positive surprise in its March comps and upwardly revised its EPS estimate for Q1. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report BEST BUY ( BBY ): Free Stock Analysis Report RUBY TUESDAY ( RT ): Free Stock Analysis Report TARGET CORP ( TGT ): Free Stock Analysis Report YAHOO! INC ( YHOO ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Jobless Claims Stay Within Good Range - Analyst Blog This morning, weekly Initial Jobless Claims numbers were released, and continue to point toward a U.S. economy which is solidifying on the labor market front. New jobless claims reached 357K, down 6000 from the previous month, which has been revised to 359K. The 4-week moving average fell 4250 to 361,750. Clearly we've been in a favorable zone well below the 400K level for the longest period in 3+ years. But we'd spent so much time since the collapse in late 2008 above the 400K level that it will still take some time before this positivity is felt by the average American. That said, we're closer than we've been in quite some time. Continuing jobless claims also continue to improve. A total of 3.338 million claims were made in the month of March, down from 3.354 the previous week. However, as our Chief Market Strategist Dirk van Dijk, CFA often points out, there is no way to tell whether those leaving the rolls of continuing claims are due to people finding new jobs or whether their jobless claims have expired. The market, however, will remain focused on tomorrow's Bureau of Labor Statistics (BLS) non-farm employment payroll report. There, too, the numbers have been healthy of late: February saw job gains of 233K, following January's impressive 285K new jobs. Importantly, we note that the BLS numbers tomorrow will not reflect today's jobless claims numbers, as last week's results will not be included in the BLS tally. Yesterday's strong ADP ( ADP ) employment report is further evidence that the U.S. labor market is back on track, including its upward revisions for January and February. And the Fed's posturing toward forgoing additional quantitative easing (QE3), while it disappointed the market yesterday, is nevertheless another positive piece to the puzzle. Concerns about an eventual Spain bailout temper today's mood. And a possible S&P downgrade of Best Buy ( BBY ) debt to near \""junk\"" status, as well as Yahoo ( YHOO ) preparing to lay off 2000 more employees and Ruby Tuesday ( RT ) closing up to 27 news restaurants may weigh on the market a bit today. On the other hand, Target ( TGT ) gave a positive surprise in its March comps and upwardly revised its EPS estimate for Q1. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report BEST BUY ( BBY ): Free Stock Analysis Report RUBY TUESDAY ( RT ): Free Stock Analysis Report TARGET CORP ( TGT ): Free Stock Analysis Report YAHOO! INC ( YHOO ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Zacks Analyst Blog Highlights: Oracle, Google, Apple, Microsoft and Automatic Data Processing - Press Releases For Immediate Release Chicago, IL - April 5, 2012 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Oracle(ORCL) , Google(GOOG) , Apple Inc.(AAPL) , Microsoft Corp.(MSFT) and Automatic Data Processing ( ADP ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Wednesday's Analyst Blog: Oracle-Google Dispute Reaches Court Tech giants Oracle(ORCL) and Google(GOOG) are set to lock horns in a legal battle upon their failure to reach an amicable settlement. The first hearing pertaining to a couple of Java patent infringements is scheduled for April 16. U.S. Magistrate Judge Paul Grewal, who was supervising the settlement procedure for more than six months, cited irreconcilable differences between the two companies for the failure. To date, the patent lawsuit has seen a number of ups and downs for both the companies. The dispute started when Oracle filed a lawsuit against Google alleging violation of several patents. The main conflict was regarding Google's Dalvik process virtualization machine (\""VM\""), which was developed using Java and serves as the backbone of the Android operating system. Oracle claimed damages worth billions of dollars and appealed for the annihilation of all the infringed products. However, Google denied any infringement and argued that some files it copied from Java are insignificant as test files. Google also said that the copying was required for compatibility because there was not any other language it could use. Oracle argued that Google infringed only the desirable parts and created many other application programming interfaces ( API ), incompatible for Android. As a result, many programs written in Java for other platforms were incompatible with Android, and many programs written for Android will not run on other Java platforms and devices. Oracle also claimed that no court had found that the API for software like Java ineligible for copyright protection. Oracle further argued that program names, even subroutine names, should have the same copyright protection as the underlying code. Oracle also stated that Google's actions have made it impossible for the company to enter the mobile market in the future, primarily due to the strong competition from android. In such a scenario, Google requested the US Patent and Trademark Office ( PTO ) to re-examine the patents that Oracle alleged to be in violation. Google received some favorable judgment, which forced Oracle to tone down its patent and copyright violation claims to 2 from at least 6 filed earlier. The battle tilted somewhat in favor of Oracle, when the company got hold of an e-mail sent by a Google executive to the head of Google's Android division, which showed that Google recognized that it needed a license for Java. Google asked the judge to withdraw the e-mail, saying it was supposed to remain confidential and that Oracle wrongly revealed it. The judge not only overruled Google's request but also dismissed Google's claim that its advertising revenue was not related to the value of Android and should therefore not be a part of Oracle's damages. Google's argument centered on the fact that it offers Android for free and so it's advertising revenue should not be used to pay for damages. However, Oracle's upper hand did not last long, as the US district Judge agreed with Google's argument that the company's $6.1 billion damage claims were unwarranted. The Judge noted that the \""starting point\"" of the damages should be approximately $100.0 million, depending on various factors. Oracle initially lowered its damage claims to $2.0 billion and after much dilly-dallying submitted a revised maximum damage claim of $226.0 million, which included $57.1 million for patent violations and $169.0 million related to copyright. However, Google also found the revised amount too high and proposed to pay approximately $2.8 million for the 2 patents covering the period through 2011. Google also proposed to pay Oracle 0.5% of future Android revenue on one patent, which will expire on December 2012 and 0.015% on the second patent till its expires on April 2018. Oracle rejected the offer citing it to be undervalued and thus closed all the routes for further negotiations. Recently, Google has asked the court to shorten the case duration from its currently scheduled eight weeks. Google also said that it would prefer to appear in front of U.S. Judge William Alsup instead of a Jury. Since, both the companies have already been reprimanded for wasting the court's time and jury trials tend to linger long; we would not be surprised if the court grants Google's appeal. Although it is very difficult to point out an outright winner, we believe that Google has nudged ahead of Oracle. Oracle's backtracking in terms of the number of patent violations allegations and also the much lower damage claims somewhat reflected Oracle's apprehension, in our view. However, an Oracle win will have far-reaching consequences for companies such as Google, which depends heavily on open source. Interoperability within different software will be practically impossible without the clear permission and royalty payments to the copyright holders. On the other hand, it would benefit companies like Oracle, Apple Inc.(AAPL) and Microsoft Corp.(MSFT) who are extremely zealous in protecting their copyrights. We have a Neutral recommendation on both Oracle and Google over the long term. Currently, Oracle has a Zacks #2 Rank, which implies a Buy rating in the near term. Google has a Zacks #3 Rank, which implies a Hold rating in the near term. ADP Jobs Report Comes In-Line All evidence pointing towards an improving economy should be good news for stocks. But, as we saw with the market's reaction on Tuesday to the minutes of the Fed's last meeting, favorable movement on the economy's front also means less support from the Fed going forward. This morning's strong labor market reading from payroll processor Automatic Data Processing ( ADP ) further confirms the economy's strengthening fundamentals. Whether investors perceive this as good news or bad will depend on whether they think stocks need a healthier economy that can stand on its own or permanent crutches from the Central Bank. I strongly believe that the prospect of no more Fed support is a net bullish development for the market and the economy, but this thinking will likely take some time to fully seep in. We also have fresh jitters about Europe this morning following a weak Spanish government bond auction, but the overall driver of today's market action will be a reflection of the theme outlined above. A total of 209K private sector jobs were in created in March, according to ADP, matching expectations. The jobs numbers for February and January were revised upwards to 230K (from 216K) and 182K (from 173K). The gains were broad-based across industries and business sizes, with manufacturing adding 23K and the broader goods producing sector generating 45K jobs. As would be expected at this stage of the cycle, the services sector added most of the jobs, with small businesses accounting for the bulk of the hiring. Interestingly, weather did not appear to have been much of a factor as a number of analysts had been expecting, confirming that the labor market gains of the last few months reflect underlying improvement in the economy and not some temporary helping hand from Mother Nature. The ADP tally sets the tone for Friday's jobs report from the government's Bureau of Labor Statistics (BLS), which is expected to show headline job gains of around 200K. The ADP numbers have come below the corresponding BLS numbers over the last three months. February's 230K tally of jobs (revised upwards today from 216K) was preceded by 182K (originally reported at 173K) in January and 267K in December. The corresponding BLS tally of private sector jobs were 233K in February and 285K in January and 234K in December. Going by this trend, we will not only get an above 200K print from the BLS on Friday, but will most likely see positive revisions to the February and January numbers as well. Please keep in mind that private payrolls in the BLS report have been revised upwards in each of the last nine months, likely highlighting that official BLS numbers are under-counting the full extent of labor market improvement. The unemployment rate will also likely come down from February's 8.3% level to the bottom of the Fed's 8.2% to 8.5% range for the year. Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515 . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks \""Profit from the Pros\"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518 . Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com APPLE INC ( AAPL ): Free Stock Analysis Report AUTOMATIC DATA ( ADP ): Free Stock Analysis Report GOOGLE INC-CL A ( GOOG ): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-04-09,37.6466,37.7699,37.4455,37.4918, ADP,2012-04-10,37.4534,37.4593,36.9505,37.046, ADP,2012-04-11,37.2611,37.5698,37.0825,37.5293, ADP,2012-04-12,37.5471,37.7976,37.4405,37.7778, ADP,2012-04-13,37.7256,37.7463,37.4405,37.4405, ADP,2012-04-16,37.5362,37.7325,37.4327,37.5835, ADP,2012-04-17,37.7906,38.2453,37.7118,38.1733, ADP,2012-04-18,37.8606,37.9327,37.5214,37.5362, ADP,2012-04-19,37.479,37.9189,37.3637,37.5293,"[""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Picks in Data Processors Ahead of Earnings Credit Suisse likes Alliance Data, DST, Cardtronics and others.""]" ADP,2012-04-20,37.761,37.9189,37.5776,37.8045, ADP,2012-04-23,37.4918,37.6526,37.2059,37.4741, ADP,2012-04-24,37.5895,37.7976,37.4997,37.6052, ADP,2012-04-25,37.7906,38.056,37.6526,38.0046, ADP,2012-04-26,37.9267,38.2699,37.7128,38.1891,"Impressive 1Q at Equifax - Analyst Blog Equifax Inc. ( EFX ) has posted first quarter 2012 adjusted earnings per share ( EPS ) of 70 cents surpassing the Zacks Consensus Estimate of 65 cents. Results were up 20.7% from 58 cents reported in the year-ago quarter. The adjusted EPS excludes acquisition-related amortization expense. Management attributed the improvement to diverse product offerings, which expanded Equifax' scope within the market. Revenue Revenue grew 10.6% year over year to $522.7 million. The revenue figure came within the company's expected growth range and was above the Zacks Consensus Estimate of $500.0 million. The upside could be attributed to top-line growth across the board, partially offset by lackluster performance by the International segment. Excluding any contribution from its Brazilian operations, revenue grew almost 15.0% year over year in the U.S. dollar terms. Segment wise, total U.S. Consumer Information Solutions (USCIS) revenue was $217.7 million, up 20.0% from the year-ago quarter. Among sub-segments, strong growth was noticed in Mortgage Solutions Services (26.0%), followed by Online Consumer Information Solutions (24.0%). The company witnessed a relatively slower growth rate in its Consumer Financial Marketing Services segment (2.0%). Total International (including Europe, Canada and Latin America) revenue slid 5.0% year over year to $121.0 million, mostly due to a 26.0% decline recognized in Latin America. However, Europe grew 15.0%, and the Canada Consumer segment climbed 5.0% in U.S. dollar terms. Revenue from the TALX segment increased 14.0% year over year to $113.7 million. The upside resulted from a 37.0% year-over-year increase in the Verification Services revenue, partially offset by a 2.0% decline in the Employer Services revenue. North American Personal Solutions contributed $49.5 million, reflecting an 11.0% year-over-year improvement. North American Commercial Solutions generated $20.8 million, up 1.0% from the year-ago quarter. Operating Results Gross margin in the first quarter was 61.5%, up from 59.4% in the year-ago quarter. Operating margin was 24.7% as against 23.1% a year ago. The margin performance was better in USCIS, International and North America Commercial Solutions, partially offset by weak performances by North America Personal Solutions and TALX. The company reported higher operating expenses with selling, general and administrative expenditure increasing 17.3% year over year, partially offset by a 3.0% decline in depreciation and amortization expenses. On a GAAP basis, net income from continuing operations was $71.5 million or 58 cents per share versus $57.3 million or 46 cents per share in the comparable quarter last year. Excluding the impact of acquisition-related amortization expense (net of tax) and a tax benefit, adjusted net income was $85.8 million or 70 cents per share, compared with $72.1 million or 58 cents per share in the year-ago quarter. Balance Sheet, Cash Flow & Dividend Equifax exited the quarter with $132.7 million in cash and cash equivalents, up from $127.7 million in the previous quarter. Accounts receivables were $297.8 million. Total long-term debt was $982.0 million, down from $1.01 billion in the prior quarter. Cash provided by operating activities was $48.3 million, compared with $149.7 million in the prior quarter. Equifax paid a quarterly dividend of 18 cents per share totaling $21.2 million. Guidance For the second quarter of 2012, Equifax expects revenue to be up 12.0% to 14.0% from the year-ago quarter, based on contributions from domestic and international businesses, the ongoing foreign exchange rates and excluding contributions from Brazil. Excluding the impact of acquisition-related amortization expense, Equifax expects adjusted earnings per share to range between 70 cents and 73 cents. The Zacks Consensus Estimate for the second quarter is 68 cents, which is on the lower end of the company's guidance. Our Take Equifax exited the quarter with flying colors, surpassing the Zacks Consensus Estimates both on the top and bottom lines. We are optimistic about Equifax' revenue growth prospects and improving margins, as reflected in its guidance. Management's efforts regarding strategic initiatives around product innovation, broadening data assets through acquisitions and continuous share gains in North America were encouraging. But there is some concern relating to the operation ramp up of its Brazilian joint venture. In February 2011, Equifax announced that the credit reporting operation of its Brazilian subsidiary has been merged with Boa Vista Servicos S.A., the second-largest consumer credit bureau in Brazil. Given the company's strong correlation to consumer and financial markets, as well as its U.S. exposure, we see a gradual improvement in results. But stiff competition from Automatic Data Processing Inc. ( ADP ) is a concern. Currently, Equifax has a Zacks #3 Rank implying a short-term Hold rating. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report EQUIFAX INC ( EFX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-04-27,38.1535,38.4712,38.1418,38.3538, ADP,2012-04-30,38.196,38.4011,38.0816,38.2157,"Earnings Preview: ADP - Analyst Blog Automatic Data Processing Inc. ( ADP ) is set to announce its fiscal third quarter 2012 results before the opening bell on Tuesday, May 1, 2012. In the run up to the earnings results, no substantial movement in analysts' estimates for the quarter was noticed. Looking Back at the Prior Quarter Both of ADP's top and bottom lines came in line with the Zacks Consensus Estimate in the second quarter of 2012. Quarterly revenues increased 7.4% on a year-over-year basis to $2.58 billion, primarily due to strong new business sales, improving client retention and incremental revenue from recent acquisitions. Earnings per share ( EPS ) increased 9.7% year over year on the back of strong revenue growth. For further details please read: ADP Matches Estimates in 2Q 2012 Outlook For fiscal 2012, ADP expects total revenue to increase in the range of 7.0%-9.0%. EPS is expected to increase 8%-9% over $2.52 reported in year-ago quarter. The Zacks Consensus Estimate for fiscal 2012 is pegged at $2.74 per share. Employer Services is expected to grow approximately 7% and pre-tax margins to expand 30 bps. The company expects pays per control to increase approximately 2.5% (prior outlook 2.0%) for fiscal 2012. PEO Services revenue is forecasted to improve 17.0%. Pre-tax margin is expected to improve slightly on a year-over-year basis. ADP expects Dealer Services revenue to increase in the 9.0%-10.0% range (prior forecast 8%-9%) with a pre-tax margin expansion of at least 50 bps. The company expects interest on funds held for clients to decline by $45.0 million to $55.0 million or 8%-10% from $540.1 million in fiscal 2011. However, the company expects 6%-7% increase in the average client fund balances. Estimates Trend Revision Over the past 30 days, only one out of the 20 analysts covering the stock revised the estimate downward, while no upward revision was noticed for the quarter. With only one downward revision, the Zacks Consensus Estimate for the third quarter is pinned at 91 cents per share. For fiscal 2012, none of the 24 analysts covering the stock revised any estimate in the last 30 days. Thus, the Zacks Consensus Estimate for fiscal 2012 is pinned at $2.74 per share. The analysts covering the stock opine that ADP will likely post in line results on the back of improvement in the employment market coupled with growth in the new business sales and strategic acquisitions to pave way for top-line growth in the forthcoming quarters. Our Take We note that ADP's earning has always matched the Zacks Consensus Estimates for the past four quarters and for the current quarter we expect the phenomenon to continue. ADP is expected to report an in line third quarter backed by new business sales, diversified product portfolio, improving customer retention, accretive acquisitions, strong balance sheet and shareholder-friendly programs (aggressive share buybacks, dividend) over the long term. However, increasing competition from Paychex Inc. ( PAYX ) and Insperity Inc. ( NSP ) and a gloomy macroeconomic outlook in the Europe are major headwinds in the near term. Additionally, higher-than-expected unemployment rates and low interest rates remain concerns for the company's payroll processing business. We have a Neutral recommendation on ADP over the long term. Currently, ADP has a Zacks #2 Rank, which implies a 'Buy' rating in the short term. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report INSPERITY INC ( NSP ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-05-01,37.9908,38.3706,37.4425,37.9337,"[""Automatic Data Processing Reports Q3 EPS $0.92 vs $0.91 Est; Revenues $2.9B vs $2.92B Est"", ""Automatic Data Processing Reports Q3 EPS $0.92 vs $0.91 Est; Revenues $2.9B vs $2.92B Est"", ""ADP Ahead by a Penny, Revs In Line - Analyst Blog Automatic Data Processing Inc. ( ADP ) reported third quarter 2012 earnings of 92 cents per share, a penny ahead of the Zacks Consensus Estimate. Earnings increased 8.2% year over year, primarily due to higher share repurchase activity in the quarter. Quarter Details Revenues increased 6.7% year over year to $2.92 billion and was in line with the Zacks Consensus Estimate. Organic growth was 6.0% in the quarter. The better-than-expected result was driven by strong new business sales, improving client retention and incremental revenue from recent acquisitions. Employer Services revenue increased 7.0% year over year (6.0% organically) to $2.11 billion. The number of employees on clients' payrolls in the United States grew 3.3% in the quarter on a same-store-sales basis. PEO Services revenue spiked 15.0% year over year to $513.7 million in the third quarter. Dealer Services revenue climbed 7.0% year over year to $431.9 million. Interest on funds held for clients declined 10% year over year to $133.3 million, due to a decline of 40 basis points (bps) in the average interest yield to 2.5%, partially offset by a 5.0% increase in average client funds balances to $21.7 billion. Total expenses in the reported quarter increased 7.1% year over year to $2.25 billion, attributable to higher operating expenses (up 8.7% year over year) and selling, general & administrative expense (up 7.8% year over year). The company reported pre-tax earnings of $685.6 million, up 5.0% annually. However, pre-tax margin declined 40 bps year over year to 23.5% in the reported quarter. Employer Services' pre-tax margin increased 10 bps on a year-over-year basis. PEO Services pre-tax margin improved 50 bps, while Dealer Services pre-tax margin enhanced 120 bps on an annual basis in the reported quarter. Net income increased 6.7% year over year to $452.4 million. Net margin, however, remained flat at 15.5% in the quarter. As of March 31, 2012, cash and cash equivalents (including short-term marketable securities) were $1.69 billion, compared with $1.36 billion as of December 31, 2011. Long-term debt decreased to $17.3 million in the quarter from $25.5 million in the prior quarter. ADP purchased 8.9 million shares for $445.0 million during the reported quarter. Guidance For fiscal 2012, ADP expects total revenue to increase in the range of 7.0%-9.0%. Earnings are expected to increase 8%-9% over the year-ago level of $2.52. The Zacks Consensus Estimate for fiscal 2012 is pegged at $2.74 per share. Employer Services revenue is expected to grow approximately 7%. However, pre-tax margin is estimated to remain flat. The company expects pays per control to increase approximately 2.5% to 3.0% (prior outlook 2.5%) for fiscal 2012. PEO Services revenue is forecasted to improve 17.0%. Pre-tax margin is expected to grow slightly on a year-over-year basis. For fiscal 2012, ADP expects Dealer Services revenue to increase in the 9.0%-10.0% range with a pre-tax margin expansion of at least 50 bps. The company expects interest on funds held for clients to decline $45.0 million-$55.0 million or 8%-10% from $540.1 million in fiscal 2011. However, the company expects 6%-7% increase in the average client fund balances. Our Recommendation We believe that ADP will continue to outperform the broader market based on strong new business sales, diversified product portfolio, improving customer retention, accretive acquisitions, strong balance sheet and shareholder-friendly programs (aggressive share buybacks, dividend) over the long term. However, increasing competition from Paychex Inc. ( PAYX ) and a gloomy macro outlook in Europe are major headwinds in the near term. We have a Neutral recommendation on ADP over the long term. Currently, ADP has a Zacks #2 Rank, which implies a Buy rating on a short-term basis. AUTOMATIC DATA ( ADP ): Free Stock Analysis Report PAYCHEX INC ( PAYX ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Backs Forecast as Q3 Profit Tops Expectations (ADP) Business outsourcing solutions provider Automatic Data Processing ( ADP ) on Tuesday posted better-than-expected fiscal third quarter earnings results and reiterated its full-year outlook. The Roseland, NJ-based company reported third quarter net income of $452.4 million, or 92 cents per share, compared with $423.8 million, or 85 cents per share, in the year-ago period. Revenue rose 7% from last year to $2.9 billion. On average, Wall Street analysts expected a slightly smaller profit of 91 cents per share, on nearly matching revenue of $2.91 billion. Looking ahead, ADP backed its previously-announced full-year earnings outlook for profit growth of 8% to 9%, on 7% to 9% revenue growth. Automatic Data Processing shares were mostly flat in premarket trading Tuesday. The Bottom Line Shares of Automatic Data Processing ( ADP ) have a 2.84% dividend yield, based on last night's closing stock price of $55.62. The stock has technical support in the $51-$52 price area. If the shares can firm up, we see overhead resistance around the $58-$59 price levels. Automatic Data Processing ( ADP ) is not recommended at this time, holding a Dividend.com DARS\u2122 Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Reports Q3 EPS $0.92 vs $0.91 Est; Revenues $2.9B vs $2.92B Est""]" ADP,2012-05-02,37.6121,37.761,37.4455,37.5835,"[""Morgan Stanley Maintains Automatic Data Processing at Underweight, Raises PT from $50 to $54"", ""UPDATE: U.S. Private-Sector Employment Increased by 119K Jobs in April, According to ADP National Employment Report"", ""UBS Maintains Automatic Data Processing at Buy, Lowers PT from $63 to $62"", ""UBS Maintains Automatic Data Processing at Buy, Lowers PT from $63 to $62"", ""UPDATE: U.S. Private-Sector Employment Increased by 119K Jobs in April, According to ADP National Employment Report"", ""Morgan Stanley Maintains Automatic Data Processing at Underweight, Raises PT from $50 to $54"", ""Ahead of Wall Street - May 2, 2012 - Ahead of Wall Street Wednesday, May 2, 2012 Monday's surprisingly strong manufacturing ISM report is followed up by a depressingly weak labor market reading from payroll processor Automatic Data Processing ( ADP ). The ADP report effectively ensures that estimates for Friday's jobs report from the government's Bureau of Labor Statistics (BLS) will be coming down from the 165K level. All of this adds to reports out of Europe indicating that the region's economy may be undergoing a deeper downturn than many are expecting. A total of 119K private sector jobs were in created in April, according to ADP, significantly below expectations of around 175K. The jobs number for March was modestly revised downward to 201K (from 209K). All the gains came from the service sector, which offset losses in the goods producing sectors. Contrary to what we saw in Monday's manufacturing ISM report, where the employment component reached its highest level in months, the ADP report shows jobs losses of 5K in manufacturing during the month. Expectations for Friday's jobs report from the BLS are bound to come down from the 165K following this very weak reading. The ADP report has not been very precise in foretelling the BLS reading lately. It was way stronger in March than what came out of the government report and had been undershooting the BLS report in the three months prior to March. We will know Friday morning how accurate the April ADP reading is, but fears of a recurring labor market Spring swoon do not look that unfounded. On the earnings front, Comcast ( CMCSA ), Time Warner ( TWX ), and CVS Caremark ( CVS ) came out with better than expected earnings and revenue results. Chesapeake Energy ( CHK ) posted weaker than expected results and announced the separation of the Chairman and CEO positions in response to the recent controversy about Chairman/CEO Aubrey McClendon's unusual compensation arrangement with the company. Chesapeake, like many other exploration and production companies, has been hit hard by the depressed natural gas prices. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report CHESAPEAKE ENGY (CHK): Free Stock Analysis Report COMCAST CORP A (CMCSA): Free Stock Analysis Report CVS CAREMARK CP (CVS): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Sees Weakening Labor Market - Analyst Blog Monday's surprisingly strong manufacturing ISM report is followed up by a depressingly weak labor market reading from payroll processor Automatic Data Processing ( ADP ). The ADP report effectively ensures that estimates for Friday's jobs report from the government's Bureau of Labor Statistics (BLS) will be coming down from the 165K level. All of this adds to reports out of Europe indicating that the region's economy may be undergoing a deeper downturn than many are expecting. A total of 119K private sector jobs were in created in April, according to ADP, significantly below expectations of around 175K. The jobs number for March was modestly revised downward to 201K (from 209K). All the gains came from the service sector, which offset losses in the goods producing sectors. Contrary to what we saw in Monday's manufacturing ISM report, where the employment component reached its highest level in months, the ADP report shows jobs losses of 5K in manufacturing during the month. Expectations for Friday's jobs report from the BLS are bound to come down from the 165K following this very weak reading. The ADP report has not been very precise in foretelling the BLS reading lately. It was way stronger in March than what came out of the government report and had been undershooting the BLS report in the three months prior to March. We will know Friday morning how accurate the April ADP reading is, but fears of a recurring labor market \""spring swoon\"" do not appear to be unfounded. On the earnings front, Comcast ( CMCSA ), Time Warner ( TWX ) and CVS Caremark ( CVS ) came out with better-than-expected earnings and revenue results. Chesapeake Energy ( CHK ) posted weaker-than-expected results and announced the separation of the Chairman and CEO positions in response to the recent controversy about Chairman/CEO Aubrey McClendon's unusual compensation arrangement with the company. Chesapeake, like many other exploration and production companies, has been hit hard by depressed natural gas prices. AUTOMATIC DATA (ADP): Free Stock Analysis Report CHESAPEAKE ENGY (CHK): Free Stock Analysis Report COMCAST CORP A (CMCSA): Free Stock Analysis Report CVS CAREMARK CP (CVS): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UBS Maintains Automatic Data Processing at Buy, Lowers PT from $63 to $62"", ""UPDATE: U.S. Private-Sector Employment Increased by 119K Jobs in April, According to ADP National Employment Report"", ""Morgan Stanley Maintains Automatic Data Processing at Underweight, Raises PT from $50 to $54""]" ADP,2012-05-03,37.7049,37.7049,37.3084,37.4238,"Stock Market News for May 3, 2012 - Market News Lower-than-expected private sector hiring spooked investors and dragged the benchmarks lower yesterday. In addition, new orders for U.S. factory goods declined by its highest margin in three years and factory activity contracted yet again in the Euro zone. The Dow Jones Industrial Average (DJI) slipped 0.1% to settle at 13,268.57. The Standard & Poor 500 (S&P 500) declined by 0.3% and closed yesterday's trading session at 1,402.31. However, the tech-laden Nasdaq Composite Index managed to end in the green, gaining 0.3% to finish at 3,059.85. The fear-gauge CBOE Volatility Index (VIX) edged up 1.7% to settle at 16.9. Consolidated volumes on the New York Stock Exchange, the Nasdaq and the American Stock Index were 6.4 billion shares, lower than the daily average of roughly 6.76 billion. For every three stocks that moved down on the NYSE, only a couple of stocks could close in the green. This decline comes just a day after the Dow reached its highest point since late 2007. Among the 30 Dow components, only 14 managed to end in positive territory but none managed robust gains. Intel Corporation (NASDAQ: INTC ) led the advancers with modest gains of 0.8% followed by The Home Depot, Inc. (NYSE: HD ), Procter & Gamble Co. (NYSE: PG ), and Caterpillar Inc. (NYSE: CAT ), which gained 0.7%, 0.6% and 0.5%, respectively. On the other hand, the declines were much larger and included the likes of Alcoa, Inc. (NYSE: AA ), Bank of America Corporation (NYSE: BAC ), Chevron Corporation (NYSE: CVX ) and JPMorgan Chase & Co. (NYSE: JPM ) and they plunged 2.4%, 1.8%, 1.2% and 1.4%, respectively. While encouraging economic data helped benchmarks to soar on Tuesday, Wednesday's declines were sparked off by concerns over dismal reports. The Automatic Data Processing, Inc.'s (NASDAQ: ADP ) National Employment Report stated that U.S. nonfarm private business sector added only 119,000 jobs in April, far lower than expectations of an addition of 177,000 jobs. According to the report: ""Employment in the private, service-providing sector increased 123,000 in April, after rising 158,000 in March. Employment in the private, goods-producing sector declined 4,000 jobs in April. Manufacturing employment dropped 5,000 jobs, the first loss since September of last year"". Meanwhile, jobs numbers for March was modestly revised downward from 209,000 to 201,000. Market expectations took a downturn and investors expect nonfarm payroll data to show additions of 125,000 to 150,000 jobs as against 170,000 job additions estimated by Reuters. Markets were also jolted by data from across the Atlantic, which painted dismal picture of the labor market and factory activity. Data suggested that unemployment in the Eurozone has touched its highest level in 15 years, soaring to 10.9% in March. In 1997, the unemployment rate in the region had hovered around 10.95% for the months of February, March and April. Separately, the Manufacturing Purchasing Managers' Index (PMI) declined to 45.9 in April from March's reading of 47.7. The index has now reached its lowest point since June 2009. Coming back to the domestic front, new orders for U.S. factory goods declined by its highest margin in three years. According to the U.S. Department of Commerce, new orders for manufactured goods in March declined 1.5% to $460.5 billion. This drop was higher than consensus estimates of a decline of 1.6%, but reversed February's increase of 1.1%. ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report HOME DEPOT (HD): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report PROCTER & GAMBL (PG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-05-04,37.1299,37.1703,36.7434,36.7985,"[""Jobs Report Fails to Settle Debate - Analyst Blog The market's attention today is focused on the home front, with this morning's weaker-than-expected April non-farm payroll report putting the spotlight on the labor market. This report is in-line with what we saw from ADP ( ADP ) on Wednesday and the Bureau of Labor Statistics (BLS) in March, but fails to answer the seasonality vs. fundamental weakness debate going on in the market ever since the March miss. The government agency announced April non-farm payroll gains of 115K, below expectations of 165K and March's 154K level. The March tally was revised higher from the original 120K level. The number of job gains in March and February were revised upwards by a combined 53K. Private sector jobs totaled 130K in April, along the lines of what we saw from ADP on Wednesday and in the March reading from BLS. The unemployment rate, which comes out of the Household survey, dropped to 8.1% from 8.2%. The average workweek remained unchanged at 34.5 hours, while average hourly earnings remained unchanged compared to the 0.2% increase in March. The labor force participation rate, whose low level in this recovery is generally cited by detractors of the down-trending unemployment rate as evidence of discouraged workers, dropped to 63.6% from 63.8% in March. Today's report was expected to confirm that the seasonal factors were behind the recent run of soft economic readings, particularly on the labor market front. We did not get evidence of that, which means that we will have to wait longer to get conclusive evidence favoring either side in the ongoing seasonal vs. fundamental debate. The weekend presidential election in France will likely see the incumbent lose his job and heighten uncertainties about Europe's ability to come to grips with its problems. But economic reports today show that the region's economic growth prospects may be weaker than many have been expecting. The Eurozone PMI readings came out weaker than expected this morning, likely confirming that the region's economy remained in recessionary territory at the start of the second quarter, the third quarter in a row of negative growth. Lack of growth makes it difficult for the region's leaders to address its mounting fiscal problems. The overall tone of recent economic data, including this BLS report, has been very mixed, making it difficult to settle the debate. We got a sharp drop in weekly Jobless Claims, but the BLS and ADP data were disappointing. We got good vehicle sales, solid manufacturing ISM, but the services ISM was on the soft side. It is difficult to draw firm conclusions from such data. I don't think this report improves the odds of further Fed QE, but the market has typically been seeing that silver lining in all weak economic readings. In corporate news, we got better-than-expected earnings from Estee Lauder ( EL ) on in-line revenue. AON ( AON ), the insurance broker, missed earnings expectations on in-line revenue. LinkedIn ( LNKD ) posted better-than-expected results after the close on Thursday and announced an acquisition. AUTOMATIC DATA (ADP): Free Stock Analysis Report AON PLC (AON): Free Stock Analysis Report ESTEE LAUDER (EL): Free Stock Analysis Report LINKEDIN CORP-A (LNKD): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street - May 4, 2012 - Ahead of Wall Street Friday, May 4, 2012 The weekend presidential election in France will likely see the incumbent lose his job and heighten uncertainties about Europe's ability to come to grips with its problems. But economic reports today show that the region's economic growth prospects may be weaker than many have been expecting. The Euro-Zone PMI readings came out weaker than expected this morning, likely confirming that the region's economy remained in recessionary territory at the start of the second quarter, the third quarter in a row of negative growth. Lack of growth makes it difficult for the region's leaders to address its mounting fiscal problems. But as disconcerting as the European news is, the market's attention today is focused on the home front, with this morning's weaker-than-expected April non-farm payroll report putting the spotlight on the labor market. This report is in-line with what we saw from ADP ( ADP ) on Wednesday and the Bureau of Labor Statistics (BLS) in March, but fails to answer the seasonality vs. fundamental weakness debate going on in the market ever since the March miss. The government agency announced April non-farm payroll gains of 115K, below expectations of 165K and March's 154K level. The March tally was revised higher from the original 120K level. The number of job gains in March and February were revised upwards by a combined 53K. Private sector jobs totaled 130K in April, along the lines of what we saw from ADP on Wednesday and in the March reading from BLS. The unemployment rate, which comes out of the Household survey, dropped to 8.1% from 8.2%. The average workweek remained unchanged at 34.5 hours, while average hourly earnings remained unchanged compared to the 0.2% increase in March. The labor force participation rate, whose low level in this recovery is generally cited by detractors of the down-trending unemployment rate as evidence of discouraged workers, dropped to 63.6% from 63.8% in March. Today's report was expected to confirm that the seasonal factors were behind the recent run of soft economic readings, particularly on the labor market front. We did not get evidence of that, which means that we will have to wait longer to get conclusive evidence favoring either side in the ongoing seasonal vs. fundamental debate. The overall tone of recent economic data, including this BLS report, has been very mixed, making it difficult to settle the debate. We got a sharp drop in weekly Jobless Claims, but the BLS and ADP data were disappointing. We got good vehicle sales, solid manufacturing ISM, but the services ISM was on the soft side. It is difficult to draw firm conclusions from such data. I don't think this report improves the odds of further Fed QE, but the market has typically been seeing that silver lining in all weak economic readings. In corporate news, we got better-than-expected earnings from Estee Lauder ( EL ) on in-line revenue. AON ( AON ), the insurance broker, missed earnings expectations on in-line revenue. LinkedIn ( LNKD ) posted better-than-expected results after the close on Thursday and announced an acquisition. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report AON PLC (AON): Free Stock Analysis Report ESTEE LAUDER (EL): Free Stock Analysis Report LINKEDIN CORP-A (LNKD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-05-07,36.7274,36.9139,36.4622,36.7985,"The Zacks Analyst Blog Highlights: ADP, Estee Lauder, AON, LinkedIn and Humana - Press Releases For Immediate Release Chicago, IL - May 7, 2012 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include ADP ( ADP ), Estee Lauder ( EL ), AON ( AON ), LinkedIn ( LNKD ) and Humana Inc. ( HUM ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Friday's Analyst Blog: Jobs Report Fails to Settle Debate The market's attention today is focused on the home front, with this morning's weaker-than-expected April non-farm payroll report putting the spotlight on the labor market. This report is in-line with what we saw from ADP ( ADP ) on Wednesday and the Bureau of Labor Statistics (BLS) in March, but fails to answer the seasonality vs. fundamental weakness debate going on in the market ever since the March miss. The government agency announced April non-farm payroll gains of 115K, below expectations of 165K and March's 154K level. The March tally was revised higher from the original 120K level. The number of job gains in March and February were revised upwards by a combined 53K. Private sector jobs totaled 130K in April, along the lines of what we saw from ADP on Wednesday and in the March reading from BLS. The unemployment rate, which comes out of the Household survey, dropped to 8.1% from 8.2%. The average workweek remained unchanged at 34.5 hours, while average hourly earnings remained unchanged compared to the 0.2% increase in March. The labor force participation rate, whose low level in this recovery is generally cited by detractors of the down-trending unemployment rate as evidence of discouraged workers, dropped to 63.6% from 63.8% in March. Today's report was expected to confirm that the seasonal factors were behind the recent run of soft economic readings, particularly on the labor market front. We did not get evidence of that, which means that we will have to wait longer to get conclusive evidence favoring either side in the ongoing seasonal vs. fundamental debate. The weekend presidential election in France will likely see the incumbent lose his job and heighten uncertainties about Europe's ability to come to grips with its problems. But economic reports today show that the region's economic growth prospects may be weaker than many have been expecting. The Eurozone PMI readings came out weaker than expected this morning, likely confirming that the region's economy remained in recessionary territory at the start of the second quarter, the third quarter in a row of negative growth. Lack of growth makes it difficult for the region's leaders to address its mounting fiscal problems. The overall tone of recent economic data, including this BLS report, has been very mixed, making it difficult to settle the debate. We got a sharp drop in weekly Jobless Claims, but the BLS and ADP data were disappointing. We got good vehicle sales, solid manufacturing ISM, but the services ISM was on the soft side. It is difficult to draw firm conclusions from such data. I don't think this report improves the odds of further Fed QE, but the market has typically been seeing that silver lining in all weak economic readings. In corporate news, we got better-than-expected earnings from Estee Lauder ( EL ) on in-line revenue. AON ( AON ), the insurance broker, missed earnings expectations on in-line revenue. LinkedIn ( LNKD ) posted better-than-expected results after the close on Thursday and announced an acquisition. Rating Action on Humana Standard & Poor's Ratings Services (""S&P"") reiterated its long-term counterparty credit rating of 'BBB' on Humana Inc. ( HUM ) and financial strength rating of 'A-' on its subsidiaries. The outlook was also revised to positive from stable. Concurrently, the rating agency reiterated the financial strength rating of 'BBB+' on Kanawha Insurance Co., a wholly owned subsidiary of the company, with a stable outlook. S&P also upgraded the long-term financial strength ratings at 'A-' from 'BBB+' on Humana's health insurance operating subsidiaries based on its group rating methodology. The upward revision in outlook came on the back of Humana's improving credit profile given the fast paced growth in the Medicare business. The company has proven its stability based on the steady earnings coupled with a strong capitalization. However, the reimbursement risks related to Medicare Advantage (""MA"") remain a concern. The rating agency noted that Humana is well equipped to deliver strong fiscal 2012 results, aided by positive demographics of aging baby boomers into the Medicare population. Other factors like increasing penetration into the Medicare market, a large number of people eligible for both Medicare and Medicaid supported by industry consolidation are other positives. Humana's income has been aided by relatively lower increase in medical costs together with its constant cost advantage. The bonuses received by the company under the Centers for Medicare & Medicaid Service (CMS) Quality Bonus Demonstration program has done away with lower benchmarks and rebates under the government funding program of MA. Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515 . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks ""Profit from the Pros"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518 . Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com AUTOMATIC DATA (ADP): Free Stock Analysis Report AON PLC (AON): Free Stock Analysis Report ESTEE LAUDER (EL): Free Stock Analysis Report HUMANA INC NEW (HUM): Free Stock Analysis Report LINKEDIN CORP-A (LNKD): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-05-08,36.6338,37.1703,36.5313,36.8902, ADP,2012-05-09,36.5293,36.835,36.3192,36.6052,"Broadridge Beats EPS, Guides Lower - Analyst Blog Broadridge Financial Solutions Inc. ( BR ) third-quarter fiscal 2012 adjusted earnings per share (EPS) of 28 cents were a penny above the Zacks Consensus Estimate of 27 cents. Revenues Total revenue in the third quarter was $547.0 million, up 3.8% from $527.1 million a year ago. The revenue figure missed the Zacks Consensus Estimate of $562.0 million. The improvement was buoyed by a 9.0% increase in recurring revenues from acquisitions, partially offset by lower contribution from event-driven mutual fund proxy fee revenues. Mutual fund event-driven revenues are highly cyclical in nature and unpredictable. Positive currency translation, net new businesses, contributions from recent acquisitions and an outsourcing services agreement with Penson Worldwide Inc. ( PNSN ) also aided the revenue growth. Broadridge managed to sustain a 99% client retention rate. Segment Revenues The Investor Communication Solutions segment generated $374.0 million in revenues, up 1.4% from $368.9 million in the prior-year quarter. The increase was attributable to higher recurring revenues from net new business and revenue gains from acquisitions, with event-driven mutual fund proxies being the dampener as a result of lower mutual fund activity. The Securities Processing Solutions segment reported revenues of $169.3 million, up 10.0% from $153.9 million in the prior-year quarter. The increase was attributable to the strength in new business, Penson outsourcing services agreement and the Paladyne Systems Inc. acquisition. Operating Results Total expenses in the quarter crept up 8.9% year over year to $518.2 million. Reported pre-tax income was $28.8 million, down from $51.1 million in the year-earlier quarter. Pre-tax margin dropped 310 basis points year over year to 3.7%. GAAP net income from continuing operations decreased 44.5% year over year to $18.1 million. Earnings per share in the quarter fell 44.6% to 14 cents from 25 cents in the year-ago quarter. Excluding the effect of International Business Machines Inc. ( IBM ) migration costs and impairment charge on investment in the common stock of Penson Worldwide, adjusted net income was $36.0 million or 28 cents. This cost of migrating to IBM's platform follows an information technology services agreement signed between the two companies in March 2010. Per the deal, IBM will provide certain aspects of Broadridge's information technology infrastructure that are currently being provided under a data center outsourcing services agreement with Automatic Data Processing Inc. ( ADP ). Balance Sheet Broadridge exited the quarter with cash and cash equivalents of $218.8 million, down from $238.2 million in the prior quarter. Receivables increased 31.0% from the previous quarter to $296.6 million. Long-term debt increased $30.0 million sequentially to $594.3 million. Guidance Management still thinks that contribution from the event-driven mutual fund proxy revenues will be negligible. Moreover, the company expects lower distribution revenues and higher Penson Impairment charges. Keeping this in view, Broadridge lowered its fiscal 2012 guidance. For fiscal 2012, Broadridge expects revenue growth of 7.0% to 8.0% (previously 8.0% to 9.0%), based on recurring revenue closed sales and acquisitions, representing a 99% client revenue retention rate. Recurring revenue closed sales are forecast in the range of $110.0 million to $150.0 million. Earnings per share are expected between $1.18 and $1.28 (previously $1.29-$1.39). However, excluding the effect of IBM migration costs, adjusted EPS is still expected in the range of $1.50-$1.60. Management also expects adjusted free cash flow in the range of $210.0 million to $260.0 million. Our Take Broadridge Financial posted a mixed-bag third quarter by beating the Zacks Consensus Estimate on the bottom line, but missing the top line. Broadridge has lowered its revenue and GAAP earnings guidance due to lower-than-expected event-driven revenues and higher charges. However, we believe that weaker market activity during the recession continues to impact the company's performance as can be inferred from the dull fiscal 2012 guidance. Management expects a weaker trend in the event-driven mutual fund proxy revenue. Additionally, Broadridge faces significant competition from companies such as HD Supply and DST Systems Inc. ( DST ), which have intensified pricing pressure for the company. But, we remain optimistic on Broadridge's strategic acquisitions and potential product launches. Currently, Broadridge has a Zacks #4 Rank, implying a short-term Sell recommendation. AUTOMATIC DATA (ADP): Free Stock Analysis Report BROADRIDGE FINL (BR): Free Stock Analysis Report DST SYSTEMS (DST): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report PENSON WORLDWD (PNSN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-05-10,36.9001,37.0333,36.6733,36.7848, ADP,2012-05-11,36.7304,37.1566,36.6279,36.8961, ADP,2012-05-14,36.6418,36.9288,36.4228,36.691, ADP,2012-05-15,36.691,36.8646,36.3528,36.4909, ADP,2012-05-16,36.7207,36.7867,36.5383,36.6418,"This Stock Raises Dividends Like Clockwork In this low interest rate environment, investors have turned to high-yielding blue-chips as a source of retirement income. This five-part series will outline what I believe to be the top fivedividend aristocrat stocks, most suitable for a retiree's portfolio. In my previous articles on dividend aristocrats , I told you about paper-products manufacturerKimberly-Clark (NYSE: KMB ) and Emerson Electric (NYSE: EMR ) , which focuses on electrical-power solutions for consumers and industry. Today, I want to draw your attention to a company that serves as an essential ""behind-the-scenes administrator"" -- cutting checks, managingaccounting services and overseeingdirect deposit transfers -- for employees at corporations across the United States, as well as overseas. This New Jersey-based firm began in 1949 as a manual payroll processor. Focused on increasing efficiency for its customers, its business evolved from punch cards to automated paycheck printing. Today, this company issues paychecks to about one out of every six Americans. I'm talking about Automatic Data Processing (Nasdaq: ADP ) . Dividends keep growing This business success translates into steady and regular dividend increases. ADP currently distributes $0.395 per quarter or $1.58 annually. At the stock's current price -- near $54 -- this works out to a forward yield of almost 3%. And more important: The company has consistently increased its dividend every year since 1974. In 2009, for example, the company paid out $1.33 in dividends. In 2010, it paid 3.7% more -- $1.38 per share; and in 2011, dividend payments reached $1.48 per share. By 2012, dividends should be at least $1.58, another jump of 7.1% from 2011. -- Dr. Melvin Pasternak Steady earnings growth backs the company's regular dividend increases. Despite weakness in the U.S. job market -- which means fewer corporations needing to issue paychecks to their employees -- ADP has maintained its strong customer base. Client retention is at a historical high, according to ADP CEO Carlos Rodriguez. In addition, revenue and profits are expected to expand during the coming year. That's because ADP is focusing on diversifying its service offerings. Besides providing payroll administration services, the company now also helps corporations with many facets of human resources, including hiring, managing compensation and benefits packages and overseeing retirement planning. ADP also provides a multitude of business solutions for vehicle dealers. Expanding its traditional markets is an important aspect of the company's growth strategy. Traditionally, ADP focused on serving large corporations. It's now taking on rival Paychex (Nasdaq: PAYX ) in attempt to dominate human resources and payroll services in small- and medium-sized businesses, too. The strategy appears to be working. From a technical perspective, ADP looks strong. As the below chart shows, shares have been climbing for the past two years. In the process, a major uptrend line formed. -- Dr. Melvin Pasternak Currently, the stock is at about its so-called "" support level ,"" trading at roughly $54 a share. As long as this support level is maintained, the stock is likely to continue moving higher over time. Also, because the shares are at a multi-month low, now may be a potentially attractive time to purchase the stock. Resistance -- the opposite of support and the price at which a stock is unlikely to exceed -- which is about $56.70, the two-year high reached in early 2012. Shares could easily retest this high, marking at least a 5% gain. But if resistance were broken, then the stock should could potentially move higher. This bullish technical outlook is backed by strong fundamentals. No end in sight for rising revenue ADP's revenue has increased every year since 2003. In early May, the company reported upbeat fiscal third-quarter results. Due to new business sales across several payroll service areas, revenue for the period increased 7% year-over-year, reaching $2.9 billion. With U.S. unemployment rates expected to decrease in the coming months, the number of employees on ADP's payroll processing plans is also likely to grow. As such, management anticipates full-year 2012 revenue to rise 7-9% to at least $10.6 billion -- up from $9.9 billion in 2011. For full-year 2013, analysts expect revenue to increase a further 8% to $11.5 billion. The earnings outlook is equally strong. In the most recently reported third-quarter, earnings rose 8% to $0.92, from $0.85 in the year-earlier period. With an expected increase in demand for ADP's business services, the company projects full-year 2012 earnings will rise 8-9% to the range of $2.72-$2.75 per share. (In 2011, it stood at $2.52 per share.) By full-year 2013, analysts project earnings could increase at least another 10%, to $3.01 per share. This earnings increase should translate into regular dividend increases over time. In addition to a strong fundamental outlook, the company currently has $1.7 billion in cash. With more than $6 billion in equity and only $17.3 million in debt, it has an outstandingdebt-to-market-capitalization ratio of less than 1%, making its balance sheet rock solid. Action to Take --> Even during a soft economic environment, ADP has managed to grow its revenues and earnings -- and reward shareholders through regular dividend increases. By expanding its service offerings and product portfolio, the company has maintained its stronghold in the payroll services industry. The stock is suitable for retired investors who want regular and increasing dividends for some time to come. Melvin Pasternak does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC does not hold positions in any securities mentioned in this article. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-05-17,36.6279,36.691,36.0854,36.0854, ADP,2012-05-18,36.2087,36.2246,35.5924,35.7176, ADP,2012-05-21,35.688,36.2708,35.5174,36.2068, ADP,2012-05-22,36.2236,36.5313,36.0934,36.3893, ADP,2012-05-23,36.2068,36.3893,35.9484,36.3055, ADP,2012-05-24,36.4228,36.6615,36.2068,36.5175,"[""ADP Guides Net Benefit from Client Funds Strategy $555-560M"", ""ADP Guides Net Benefit from Client Funds Strategy $555-560M"", ""ADP Guides Net Benefit from Client Funds Strategy $555-560M""]" ADP,2012-05-25,36.4178,36.5727,36.1061,36.1949,"[""Barclays Cuts Target, Estimates for ADP Following Investor Day (ADP) Business outsourcing solutions provider Automatic Data Processing ( ADP ) on Friday caught some tepid commentary from analysts at Barclays Capital. The firm maintained its \""Overweight\"" rating on ADP but lowered its price target from $60 to $58. That new target suggests a 9% upside to the stock's Thursday closing price of $53.15. A Barclays analyst commented, \""ADP's annual investor day yesterday had a mix of positive and negative takeaways, but the story remains largely unchanged: ADP is doing a strong job with its product portfolio and has solid momentum, but low interest rates will continue to constrain growth for at least one (and likely two) more years.\"" Still, the firm lowered its 2013 EPS estimate for ADP from $3.00 to $2.92, and its 2014 estimate from $3.32 to $3.18. Automatic Data Processing shares posted small losses in afternoon trading Friday. The Bottom Line Shares of Automatic Data Processing ( ADP ) have a 2.97% dividend yield, based on last night's closing stock price of $53.15. The stock has technical support in the $48-$50 price area. If the shares can firm up, we see overhead resistance around the $56-$57 price levels. Automatic Data Processing ( ADP ) is not recommended at this time, holding a Dividend.com DARS\u2122 Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Big Week Ahead for Economic Data - Earnings Preview Earnings Preview - Week of May 29th The focus this holiday-shortened week will be on the labor market, with the May non-farm payroll report coming out on Friday. Many will be hoping that the jobs report will help wash away the disappointing readings from the last two months. Relative to where expectations stood ahead of the April and March reports, it may not be that difficult to meet or exceed expectations this time around. There are a number of other major economic reports on the docket as well, with Thursday and Friday particularly busy. The first quarter 2012 earnings season is effectively over, though we still have a handful of companies yet to report results. As of Friday (05/25), a total of 492 companies in the S&P 500 have already reported. We will get results from 55 companies this week, including 3 from the S&P 500. Total earnings increased a solid 7.8% in the first quarter, compared to the preceding quarter's 6.4% growth pace. Approximately 67% of companies came ahead of expectations, with a median earnings surprise of a very good 3.2%. Most of the growth came from top-line gains, with total revenues increasing 5% from the year-earlier level. Relative to earnings beats, far fewer companies were able to beat revenue expectations, with only about 40% of the companies coming out with positive revenue surprises. Monday - 5/28 Memorial Day holiday Tuesday - 5/29 Given the market's well-justified European fixation, the Conference Board's May Consumer Confidence report and the Case-Schiller's April home price index may not get a lot of attention. But the expectation is for Consumer Confidence is to have modestly improved from April's 69.2 level. Wednesday - 5/30 The April Pending Home sales report from the National Association of Realtors is the only release today. Pending homes are those where the contract has been signed, but the sale hasn't closed yet. Last week's new and existing home sales numbers were broadly on the better-than-expected side, indicating the improved outlook for the sector. Thursday - 5/31 A very busy morning for economic releases, starting with the May jobs report from Automatic Data Processing ( ADP ), the payroll processor. We will get the weekly Jobless Claims data, the second look at the first quarter GDP, and the Chicago PMI. The ADP report will give us a flavor of what to expect in the Friday's government jobs report. Last month, the ADP report disappointed by coming up with a 119K jobs number, which was followed up by a disappointing government jobs report of 115K jobs. The GDP growth rate is expected to come down from the first round's 2.2% to 1.9%, though the all-important personal consumers expenditures (or consumer spending) component will likely not see much revision. Friday - 6/01 We have four major reports coming out today, though the focus will be on the May non-farm payroll report. Other major reports include the May manufacturing ISM survey, the April Construction Spending report, and the April Personal Income & Outlays report. Despite the crowded economic calendar, the Jobs report will be the key driver of the day's trading action. It appears that the disappointing reports in April and March have helped temper expectations a bit, as hardly anyone is looking for number of above 200K. The expectation is for 'headline' gains of about 165K, compared to the 115K gained in April. The unemployment rate is expected to remain unchanged at 8.1%. The ISM report is expected to show a modest decline from April's 54.8 level, while construction spending growth is expected to have increased in April from March's growth pace. Earnings Calendar Company Ticker 1Q-12E 1Q-11A Last EPS Surprise % Report Day Time ENERSYS INC ENS 0.95 0.75 14.29 Tuesday AMC SANDERSON FARMS SAFM 0.86 -0.56 -427.27 Tuesday BTO PERFECT WORLD PWRD 0.73 0.76 61.11 Tuesday AMC SOC QUIMICA MIN SQM 0.52 0.42 1.69 Tuesday AMC ITERIS INC ITI 0.01 0.01 0 Tuesday AMC CORVEL CORP CRVL 0.7 0.69 -37.33 Wednesday BTO JOS A BANK CLTH JOSB 0.62 0.64 -0.63 Wednesday BTO RBC BEARINGS ROLL 0.62 0.47 8 Wednesday BTO DOLLAR GENERAL DG 0.59 0.48 3.66 Wednesday BTO COPART INC CPRT 0.43 0.35 22.41 Wednesday AMC BOOZ ALLEN HMLT BAH 0.41 0.33 17.14 Wednesday BTO FRESH MARKET TFM 0.35 0.28 -2.56 Wednesday BTO ITURAN LOCATION ITRN 0.32 0.31 3.57 Wednesday BTO LIONS GATE ETMT LGF 0.19 0.26 -111.11 Wednesday AMC MIDSTATES PETRO MPO 0.18 N/A N/A Wednesday AMC QAD INC-A QADA 0.17 0.06 N/A Wednesday AMC PACIFIC DRILLNG PACD 0.15 N/A N/A Wednesday AMC COSAN LTD-A CZZ 0.13 N/A N/A Wednesday AMC QAD INC QADB 0.11 0.06 15.38 Wednesday AMC TILLYS INC TLYS 0.11 N/A N/A Wednesday AMC TEAVANA HOLDING TEA 0.1 0.09 3.23 Wednesday BTO MEDICAL ACTION MDCI 0.04 0.07 175 Wednesday BTO TAOMEE HOLDINGS TAOM 0.04 0.21 -20 Wednesday AMC DAKTRONICS INC DAKT 0.03 0.07 -42.86 Wednesday BTO DRYSHIPS INC DRYS 0.02 0.16 -12.5 Wednesday AMC NORTH AMER EGY NOA -0.12 0.29 -127.78 Wednesday AMC SYSWIN INC-ADS SYSW -0.12 0.11 23.08 Wednesday AMC TIVO INC TIVO -0.15 -0.29 8.7 Wednesday AMC YINGLI GREEN EN YGE -0.19 0.36 79.45 Wednesday BTO COLDWATER CREEK CWTR -0.2 -0.32 9.52 Wednesday AMC NCI BLDG SYSTEM NCS -0.39 -0.48 53.62 Wednesday AMC JOY GLOBAL INC JOY 1.95 1.52 -6.67 Thursday BTO CDN IMPL BK CM 1.88 1.77 2.06 Thursday BTO ESTERLINE TECHN ESL 1.3 1.47 19.67 Thursday AMC PHILLIPS 66 PSX 0.9 N/A N/A Thursday BTO JDA SOFTWARE GP JDAS 0.48 0.32 8.93 Thursday AMC ASCENA RETAIL ASNA 0.36 0.33 20.9 Thursday AMC SAIC INC SAI 0.33 0.36 -8.82 Thursday AMC ISLE OF CAPRI ISLE 0.3 0.22 70 Thursday BTO VERA BRADLEY VRA 0.29 0.28 6.38 Thursday AMC MOVADO GRP INC MOV 0.25 0.02 51.16 Thursday BTO CHARMING SHOPPE CHRS 0.18 0.17 -200 Thursday BTO DESCARTES SYS DSGX 0.13 0.07 -15.38 Thursday BTO OMNIVISION TECH OVTI 0.08 0.57 8 Thursday AMC AMER ORIENT BIO AOB 0.03 0.02 60 Thursday AMC STAR BULK CARRS SBLK -0.05 0.01 20 Thursday BTO SABA SOFTWARE SABA -0.06 0.03 0 Thursday AMC SPLUNK INC SPLK -0.07 N/A N/A Thursday AMC REALD INC RLD -0.08 0.08 183.33 Thursday AMC CIENA CORP CIEN -0.14 -0.33 -52.94 Thursday BTO AMER SUPERCON AMSC -0.38 -0.58 17.02 Thursday BTO JINKOSOLAR HLDG JKS -1.06 2.1 -366.07 Thursday BTO THERMON GROUP THR 0.19 -0.12 21.05 Friday BTO GRAHAM CORP GHM 0.1 0.27 5 Friday BTO AMER WOODMARK AMWD -0.07 -0.18 34.62 Friday BTO AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-05-29,36.5155,36.5854,36.0638,36.3409, ADP,2012-05-30,36.1555,36.3329,35.9386,36.0795,"[""Ahead of Wall Street - May 30, 2012 - Ahead of Wall Street Wednesday, May 30, 2012 Stocks will likely give back some of the Tuesday gains as concerns about Spain's ability to manage its banking problems take center stage. A credit rating downgrade of the country on an otherwise slow-news days will also not help. The domestic economic calendar is on the thin side today, as most of the top-tier economic reports are coming out on Thursday and Friday. The market is keenly waiting for the May non-farm payroll report coming out Friday morning and the preview of that report in Thursday's reading from Automatic Data Processing ( ADP ), the payroll processor. But the spotlight today will firmly remain on Spain, whose government announced the other day a \u20ac19 billion bailout of the troubled bank Bankia. The government appeared to be banking on funds from European Central Bank (ECB) for recapitalizing the bank, but stepped back from that move after resistance from the central bank. The government now plans to raise the funds through the markets by auctioning treasury bonds, but its ability to achieve that goal at competitive rates is becoming increasingly difficult given the persistent uptrend in bond yields. The rating downgrade by Egan-Jones Rating of the country's sovereign credit profile into junk category is not helpful to that goal either. Bottom line, Spain is in the headlines for all the wrong reasons and that's not good for the market today. In corporate news, shares of BlackBerry maker Research In Motion ( RIMM ) will be in focus today after the company pre-announced a surprise loss in the current quarter on Tuesday. The company also announced the hiring of investment bankers to help them sort out 'strategic alternatives'. Given the dire straits the company is in, it is inconceivable that any existing industry player will step up to buy them out. RIMM is coming out with a new version of BlackBerry this year, but the company has been fast losing ground to competing products like Apple 's ( AAPL ) iPhone and handsets that use Google 's ( GOOG ) Android operating system. Earnings estimates for the current quarter have been steadily coming down, but the company was still expected to report positive earnings of 41 cents for the quarter, which has come down almost 40% over the last three months. Sheraz Mian Director of Research APPLE INC (AAPL): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report RESEARCH IN MOT (RIMM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""For Today, the Pain Remains in Spain - Analyst Blog Stocks will likely give back some of the Tuesday gains as concerns about Spain's ability to manage its banking problems take center stage. A credit rating downgrade of the country on an otherwise slow-news day will not help either. The domestic economic calendar is on the thin side today, as most of the top-tier economic reports are coming out on Thursday and Friday. The market is keenly waiting for the May non-farm payroll report coming out Friday morning and the preview of that report in Thursday's reading from Automatic Data Processing ( ADP ), the payroll processor. But the spotlight today will firmly remain on Spain, whose government announced the other day a \u20ac19 billion bailout of the troubled bank Bankia. The government appeared to be banking on funds from European Central Bank (ECB) for recapitalizing the bank, but stepped back from that move after resistance from the central bank. The government now plans to raise the funds through the markets by auctioning treasury bonds, but its ability to achieve that goal at competitive rates is becoming increasingly difficult given the persistent uptrend in bond yields. The rating downgrade by Egan-Jones Rating of the country's sovereign credit profile into junk category is not helpful to that goal either. Bottom line, Spain is in the headlines for all the wrong reasons, and that's not good for the market today. In corporate news, shares of BlackBerry maker Research In Motion ( RIMM ) will be in focus today after the company pre-announced a surprise loss in the current quarter on Tuesday. The company also announced the hiring of investment bankers to help them sort out 'strategic alternatives.' Given the dire straits the company is in, it is inconceivable that any existing industry player will step up to buy them out. RIMM is coming out with a new version of BlackBerry this year, but the company has been fast losing ground to competing products like Apple's ( AAPL ) iPhone and handsets that use Google's ( GOOG ) Android operating system. Earnings estimates for the current quarter have been steadily coming down, but the company was still expected to report positive earnings of 41 cents for the quarter, which has come down almost 40% over the last three months. APPLE INC (AAPL): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report RESEARCH IN MOT (RIMM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-05-31,35.9987,36.0795,35.6822,35.832,"[""ADP's Solutions for Team National - Analyst Blog Automatic Data Processing Inc. ( ADP ) has recently signed an agreement with US-based multi-million dollar direct selling company - Team National, to provide the latter with its payroll, compliance and benefits solutions. ADP will manage the payroll and tax functions related to Team National's 350,000 members and will also take care of other administrative aspects of its human resource management. The solutions provided by ADP also mitigate the business risk by providing better compliance and innovative techniques to manage human resource issues. Apart from strategic partnerships that would be incrementally beneficial for the company to grow organically, ADP's growth in recent years has been largely attributable to accretive acquisitions, for which it has spent approximately $776 million in 2011 itself. The acquisitions have bolstered ADP's human resources business process outsourcing portfolio and complemented the existing applicant tracking and talent management solutions, thereby boosting ADP's customer base and top-line growth going forward. In the recently concluded quarter, ADP's top line was driven by strong sales from new clients, improving client retention and incremental revenue from recent acquisitions. Employer Services revenue increased 7.0% year over year (6.0% organically) to $2.11 billion. The number of employees on clients' payrolls in the United States grew 3.3% in the quarter on a same-store-sales basis. Professional Employer Organization (PEO) Services revenue jumped 15.0% year over year to $513.7 million in the third quarter. Dealer Services revenue climbed 7.0% year over year to $431.9 million. Moreover, the company expects its Employer Services revenue and PEO Services revenue to increase by 7% and 17% on a year-over-year basis, respectively. This lends support to our assumption that ADP will continue to outperform the broader market based on strong new business sales, a diversified product portfolio, improving customer retention, accretive acquisitions, strong balance sheet and shareholder-friendly programs (aggressive share buybacks, dividend) over the long term. However, we cannot discount the increasing competition from Paychex Inc. ( PAYX ) and a gloomy macro outlook in Europe, which are the near-term headwinds for the company. We have a Neutral recommendation on ADP over the long term. Currently, ADP has a Zacks #3 Rank, which implies a 'Hold' rating on a short-term basis. AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Weak Domestic Data to Temper Markets? - Analyst Blog The market will likely be far less focused on Spain and Greece today than has been the case lately. But it will be no less worried about the domestic economic scene following this morning's disappointing labor market reports. The revision to the first quarter GDP report was broadly in-line with expectations, but there is hardly anything positive to write about the ADP and Jobless Claims readings. For the second month in a row, the monthly jobs report from Automatic Data Processing ( ADP ) missed expectations. Since the ADP report tries to preview the monthly labor market report from the government's Bureau of Labor Statistics (BLS), this morning's disappointing read does not bode well for tomorrow's BLS report. For May, the ADP report is showing private-sector jobs of 133K, below expectations of 154K (according to Bloomberg). The tally for April was modestly revised downwards to 113K (from 119K). The expectation for private-sector jobs in Friday's BLS report is for 164K. This morning's Initial Jobless Claims report is equally disappointing as it effectively reverses the gains of the last few weeks. Initial Jobless Claims jumped by 10K last week to 383K, getting back to April's high. But since the prior week's tally was revised upwards by 3K, the real jump is 13K this week. The four-week average, which smooths out the week-to-week volatility, increased by 3.8K to 374.5K. While the period for this week's Jobless Claims data does not correspond with the survey period for tomorrow's BLS report (it will come out in the June report), it nevertheless provides a less-than-reassuring read of the labor market. While the two labor market reports today are without doubt negative, my overall take on this morning's revision to the first quarter 2012 GDP report is broadly neutral. The 'headline' growth number came down as expected, but the negative revision was primarily due to the less significant drivers of inventories and government spending. The only negative in the report was the modest downtick in consumer spending (from 2.9% to 2.7%), but even this lower level is still an improvement over what had in the fourth quarter of 2011 (2.1%). On the favorable side, business investment got revised up to the positive territory after the surprising negative read the first time around. (): ETF Research Reports AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street - May 31, 2012 - Ahead of Wall Street Thursday, May 31, 2012 The market will likely be far less focused on Spain and Greece today than has been the case lately. But it will be no less worried about the domestic economic scene following this morning's disappointing labor market reports. The revision to the first quarter GDP report was broadly in-line with expectations, but there is hardly anything positive to write about the ADP and Jobless Claims readings. For the second month in a row, the monthly jobs report from Automatic Data Processing ( ADP ) missed expectations. Since the ADP report tries to preview the monthly labor market report from the government's Bureau of Labor Statistics (BLS), this morning's disappointing read does not bode well for tomorrow's BLS report. For May, the ADP report is showing private-sector jobs of 133K, below expectations of 154K (according to Bloomberg). The tally for April was modestly revised downwards to 113K (from 119K). The expectation for private sector jobs in Friday's BLS report is for 164K. This morning's initial Jobless Claims report is equally disappointing as it effectively reverses the gains of the last few weeks. Initial Jobless Claims jumped by 10K last week to 383K, getting back to April's high. But since the prior week's tally was revised upwards by 3K, the real jump is of 13K this week. The four-week average, which smoothes out the week-to-week volatility, increased by 3.8K to 374.5K. While the period for this week's Jobless Claims data does not correspond with the survey period for tomorrow's BLS report (it will cover the June report), it nevertheless provides a less than reassuring read of the labor market. While the two labor market reports today are without doubt negative, my overall take on this morning's revision to the first quarter 2012 GDP report is broadly neutral. The 'headline' growth number came down as expected, but the negative revision was primarily due to the less significant drivers of inventories and government spending. The only negative in the report was the modest downtick in consumer spending (from 2.9% to 2.7%), but even this lower level is still an improvement over what had in the fourth quarter of 2011 (2.1%). On the favorable side, business investment got revised up to the positive territory after the surprising negative read the first time around. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-06-01,35.3103,35.5845,34.9632,34.9819,"[""Credit Suisse Focus List 5/30/2012"", ""Credit Suisse Focus List 5/30/2012"", ""Troubling Labor Market Now a Trend - Analyst Blog The U.S. labor market remains front and center today following another disappointing monthly jobs report this morning. This is becoming a trend now, with three back-to-back monthly jobs reports missing expectations. It appears that the brief spurt of labor market momentum during the winter months is now firmly behind us and the labor market is losing steam. The question at this stage is whether these jobs numbers are bad enough to prompt a fresh response from the Fed. But irrespective of what the Fed does or does not do, they are not good enough to produce a meaningful improvement in household buying power. Jobs no doubt remain the day's top item, but questions about global growth will not be far from investors' minds either. We will get the May manufacturing ISM survey results a little later, with expectations of a modest pullback from the April level. But the same data for China and Europe this morning doesn't inspire much confidence. The official Chinese PMI data for May came in weaker than expected and remains barely in expansionary territory. The rest of the emerging world is not looking much better either, with the Indian economy expanding at its slowest pace in three years in the first quarter and the outlook for Indonesia and South Korea not that good either. The U.S. economy is not as trade-dependent as many of these other economies and can sustain moderate growth on its own. But this decelerating growth outlook for the emerging markets is nevertheless a headwind for the corporate sector. Don't forget that more than a third of the revenue of the S&P 500 companies come from abroad, with emerging markets accounting for a fast-growing slice. On the jobs front, the Bureau of Labor Statistics (BLS) reported May non-farm payroll gains of 69K, less than half of what was expected and below April's 77K (revised down from 115K originally). Ominously, revisions for prior months reversed the positive trend of many months and turned negative. The April and March tallies were sharply revised lower from the original levels, likely indicating a serious loss of momentum. Private sector jobs totaled a meager 82K, compared to 87K in April, with a number of sectors (construction/leisure & hospitality) suffering major jobs losses. These numbers are even weaker than what we saw from Automatic Data Processing ( ADP ) on Thursday. The unemployment rate, which comes out of the Household survey, increased to 8.2% from 8.1%. Average hourly earnings increased 0.1% after an increase of the same magnitude in April. The labor force participation rate, whose low level in this recovery has been a hot topic as evidence of discouraged workers, increased to 63.8% from 63.6% in April. In corporate news, Vera Bradley ( VRA ), the maker of women's accessories, came out with better-than-expected first quarter results, while OmniVision Technologies ( OVTI ) came short of expectations. The post-IPO lockup period for Groupon ( GRPN ), the daily-deal company, ends today. AUTOMATIC DATA (ADP): Free Stock Analysis Report GROUPON INC (GRPN): Free Stock Analysis Report OMNIVISION TECH (OVTI): Free Stock Analysis Report VERA BRADLEY (VRA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Credit Suisse Focus List 5/30/2012""]" ADP,2012-06-04,35.1426,35.4543,35.0924,35.4208, ADP,2012-06-05,35.2886,35.6585,35.1999,35.6002, ADP,2012-06-06,35.8242,36.7768,35.8242,36.7481, ADP,2012-06-07,37.1723,37.1723,36.7354,36.7965, ADP,2012-06-08,36.697,37.2167,36.6673,37.1653, ADP,2012-06-11,37.3883,37.3883,36.7848,36.8272, ADP,2012-06-12,36.9789,37.2009,36.7304,37.1802, ADP,2012-06-13,37.1239,37.3025,36.8272,36.9445, ADP,2012-06-14,37.1072,37.7522,37.0096,37.6792, ADP,2012-06-15,37.7976,38.1515,37.6595,38.1062, ADP,2012-06-18,37.9267,38.2029,37.8252,38.1515, ADP,2012-06-19,38.3085,38.5845,38.1989,38.405, ADP,2012-06-20,38.4455,38.4682,37.9761,38.2935, ADP,2012-06-21,38.4524,38.4839,37.7236,37.76, ADP,2012-06-22,37.9701,37.9908,37.7236,37.8696, ADP,2012-06-25,37.5519,37.6852,37.2344,37.3311,"[""Barclays Downgrades Automatic Data Processing from Overweight to Equal-weight, Maintains PT at $58"", ""Barclays Downgrades Automatic Data Processing from Overweight to Equal-weight, Maintains PT at $58"", ""Barclays Downgrades Automatic Data Processing from Overweight to Equal-weight, Maintains PT at $58""]" ADP,2012-06-26,37.3025,37.4573,37.0756,37.337,"[""ADP Awarded Contract by HP to Deliver Applications System for Centralized Payroll and Time and Labor Management"", ""ADP Awarded Contract by HP to Deliver Applications System for Centralized Payroll and Time and Labor Management"", ""Earnings Preview: Paychex Inc. - Analyst Blog Paychex Inc. ( PAYX ) is scheduled to announce its fourth quarter fiscal 2012 results on June 28 after the closing bell, and we notice limited upward movement in estimates at this point. Third Quarter Overview Paychex delivered modest third quarter 2012 results, with earnings of 37 cents per share matching the Zacks Consensus Estimate. The 2.8% increase from the year-ago quarter was on account of revenue improvement across all its segments. Revenues grew 7.2% year over year, backed by increases of 12.3% in Human Resource Service revenue and 5.5% in Payroll Service revenue. Higher operating expenses resulted in operating margin contraction of 50 basis points year over year. Outlook Paychex seemed a bit cautious about the fiscal 2012 guidance. Keeping in view the current market and economic condition, Paychex believes that checks per client will moderate through fiscal 2012. Agreement of Analysts Out of the 21 analysts providing estimates for the fourth quarter, we noticed absolutely no revision. Of the 23 estimates for fiscal 2012, only one went up in the last 30 days. The limited movement since Paychex reported third quarter results suggests that there is a lack of driving events. But some analysts prefer to remain cautious based on management's commentary regarding the sluggishness of new small-business formation. Moreover, a few analysts think that aggressive pricing from Automated Data Processing Inc. ( ADP ) is stealing customers away from Paychex. The time difference between when the company receives payments from its clients and pays it out to employees typically earns some interest for Paychex. Now, with the government contemplating lower interest rates, this quick income stream of the company will also be restricted. Magnitude of Estimate Revisions There was no change in the Zacks Consensus Estimate for the fourth quarter in the past 90 days. But the estimate for fiscal 2012 moved forward by a penny to $1.52 in the past 30 days. The estimate for fiscal 2013 remained unaltered at $1.63. Recommendation The market is losing confidence on the growth of the SMB group. The sector is being hit hard by lackluster demand that comes on the heels of high unemployment and inflation rates. Outsourcing companies like Paychex are highly dependent on the performance of the SMB sector and this is the reason why it may not see much revenue growth. However, we are encouraged by management's positive commentary regarding continued investments in product development and synergies from the recent acquisition of Icon Time Systems in January 2012. In this environment, we believe that cost control will play an important role for Paychex. Despite new business wins in the SMB sector, stiff competition from Automated Data Processing and Insperity ( NSP ), and an uncertain unemployment situation will remain constant worries. However, Paychex' zero European exposure will be benefit. Paychex has a Zacks # 3 Rank, implying a short-term Hold recommendation. AUTOMATIC DATA (ADP): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Awarded Contract by HP to Deliver Applications System for Centralized Payroll and Time and Labor Management""]" ADP,2012-06-27,37.5451,37.9554,37.4839,37.7186,"Paychex shares lose ground after hours Paychex’s shares moved lower Wednesday evening, with quarterly revenue from the payroll-processing software and services company falling short of Wall Street’s projection." ADP,2012-06-28,37.5678,37.5885,37.0835,37.5115, ADP,2012-06-29,38.1062,38.5363,37.9761,38.5363,"[""Economic Focus in Holiday-Shortened Week - Earnings Preview Announcements out of the Euro-zone summit have significantly brought down concerns about that region, at least for now. ( See here for a focused discussion .) Attention now shifts to the domestic scene, where the holiday-shortened week is chock full of material economic reports, with the June non-farm payroll report giving us a good sense of developments in the labor market. Other key reports include the manufacturing and non-manufacturing ISM surveys. We don't have much on the earnings front next week, with only a handful of lesser-known companies reporting results. The reporting cycle gets fully underway the following week when Alcoa (AA) comes out with its quarterly results. Given the overall low expectations for the second quarter, we will likely see a replay of the first quarter results. Monday - 7/2 We will get the June Manufacturing ISM report after the market opens, with expectations of the index declining to 52.5 from May's 53.5 level. The Chicago PMI report, which historically has had a strong correlation with the national manufacturing ISM reading, came roughly in-line with expectations on Friday. We also have the May Construction Spending report coming out at the same time as the ISM report. The expectation is for construction spending to come down from April's 0.3% growth pace. The only notable earnings release this morning is from lighting solutions provider Acuity Brands ( AYI ) before the open. Tuesday - 7/3 We will get the May Factory Orders report after the market opens, with expectations of 0.1% growth following 0.6% drop in March. We will also be getting the June motor vehicle sales numbers throughout the day, with the annualized sales pace in June expected to increase to 14 million from May's 13.8 million pace. The only notable earnings release this day is from JDA Software ( JDAS ), after the close. Wednesday - 7/4 July 4th holiday. Thursday - 7/5 We have a busy day of economic releases, with the June ADP (ADP) report and the weekly Jobless Claims data coming out in the morning, while the non-manufacturing ISM report coming out after the market opens. The ADP report is the last major release before Friday's jobs report and will set the tone for market expectations for the Friday number. The Non-Manufacturing ISM report is expected to pullback modestly from May's 53.7 level. International Speedway ( ISCA ), the motorsports promoter, will report results in the morning, while U.K.-based tech company Xyratex ( XRTX ) will report after the close. Friday - 7/6 The June non-farm payroll report is expected to bring in 100K jobs following the 69K jobs tally in May. The unemployment rate is expected to remain unchanged at 8.2%. Following three months of disappointing jobs reports, expectations have come down significantly. But it will be interesting to see if even these lowered expectations will be met on Friday. Note: There are no earnings releases aside from ones mentioned here already. To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex Posts Modest 4Q - Analyst Blog Paychex Inc. ( PAYX ) reported fourth-quarter fiscal 2012 earnings of 34 cents per share, in line with the Zacks Consensus Estimate. The quarter's result was 3.6% above the year-ago level. The company witnessed revenue improvement across its segments but was lackluster regarding new business creation. Revenues Paychex reported fourth-quarter 2012 revenues of $551.5 million, up 5.5% from $522.7 million in the year-ago quarter. The quarter's revenue was below the Zacks Consensus Estimate of $558.0 million. Payroll Service segment revenue increased 3.5% year over year to $369.5 million. Excluding the contribution from SurePayroll, Payroll service revenue growth was 3.0%, mainly attributable to the increase in checks per payroll and a modest rise in revenue per check. Revenue generated per issued check was impacted by price increases, partially offset by discounting. Human Resource Services segment generated $171.2 million in revenues, up 11.5% from the prior-year quarter. The improvement was partly based on the contribution from ePlan Services. Excluding ePlan, the segment revenue growth for the fourth quarter stood at 9.0%, reflecting client growth and price increases. Operating Results In the fourth quarter, Paychex incurred total expense of $355.6 million, up 4.6% from the year-ago quarter. The rise was mainly due to higher selling, general and administrative expenses. Operating income was $195.9 million, up 7.2% from the year-ago period, attributable to modest revenue growth and better cost management. Operating margin was 37.5% versus 36.8% in the year-ago quarter. Net income of $123.3 million in the reported quarter reflected a 3.7% increase from $118.9 million in the prior-year quarter. Net income per diluted share was 34 cents compared with 33 cents in the year-ago quarter. There was no one-time item during the quarter. Balance Sheet Paychex exited the fourth quarter with cash and cash equivalents of $108.8 million, down from $146.5 million at the end of the prior quarter. Corporate investments decreased $149.3 million sequentially to $207.5 million. Additionally, interest on funds held for clients decreased 12.2% year over year to $10.8 million as a result of lower average interest rates earned, partly offset by an increase in average investment balances. Paychex has no long-term debt. Guidance Keeping in view the current market and economic conditions, Paychex believes that checks per client will moderate for fiscal 2013, which will be partially offset by modest client growth and improved revenue per check. Also, Human Resources organic revenue growth will follow the historical trend. For fiscal 2013, Paychex expects a 3-4% increase in Payroll Service revenues from the year-ago quarter. Human Resource Services revenues are expected to increase in the range of 9.0% to 11.0%. Total service revenue will likely grow in the range of 5% to 6%. The company expects a 6-8% decline in interest on funds held for clients and 25-35% upside in net investment income. Interest on funds held for clients and investment income for fiscal 2012 are expected to be impacted by the low interest rate environment. However, investment of cash generated from operations is expected to persist, thus increasing investment income. Net operating income as a percentage of service revenue is expected at 37.0%% for fiscal 2013. The effective income tax rate is expected to be 36.0%. Net income is expected to grow in the range of 5% to 7%. Our Take Paychex' fourth quarter results were mediocre, with the bottom line matching the Zacks Consensus Estimate and the top line missing. Fiscal 2013 guidance was disappointing reflecting macro uncertainties. But management's commentary regarding continued investments in product development was a positive. Despite new business wins in the SMB sector, stiff competition from Automated Data Processing ( ADP ) and Insperity ( NSP ), and an uncertain unemployment situation will remain constant worries. However, Paychex's zero European exposure will be helpful. Paychex has a Zacks #3 Rank, implying a short-term Hold rating. AUTOMATIC DATA (ADP): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dividends of This Recession-Proof Stock Keep Growing In this low interest rate environment, investors have turned to high-yielding blue-chips as a source of retirement income. This five-part series will outline what I believe to be the top fivedividend aristocrat stocks, most suitable for a retiree's portfolio. My first three articles in our five-part series on dividend aristocrat stocks highlighted the global paper products companyKimberly-Clark (NYSE: KMB ) , described electrical power solutions giant Emerson Electric (NYSE: EMR ) and stated why payroll administrator Automatic Data Processing (Nasdaq: ADP ) should be good additions to any retiree's portfolio. Now I turn your attention to a stock that has rewarded investors with dividends for the past 80 years. This company currently has a 2.2% annual yield , has increased its payout for the past 37 years and has a projected three-year dividend growth rate of 8.1%. Archer Daniels Midland (NYSE: ADM ) fuels North America and its sweet tooth. The agricultural commodity company -- which procures, transports, stores, processes and sells agricultural products -- is one of the largest producers of ethanol and high fructose corn sugar in the United States. It's also a major processor of oilseeds, especially soybeans, as well as wheat flour, cocoa and cocoa products. In addition to the United States, the multinational corporation operates in more than 75 countries and has established a global transportation network across more than 265 locations worldwide. This international transport system enables the company to export effectively crops, animal feed, food ingredients and raw materials across the planet. With global demand for foodstuffs increasing at a faster rate than the world's population, Archer Daniels Midland is growing at a steady clip. In the past five years, the company's revenue increased an average of 19% per year. North America -- one of the world's largest food consuming regions -- is the company's main market ; the United States currently represents 53% of ADM's total global sales. The company does best when corn prices are lower rather than higher. Although fluctuations in corn -- used for ethanol and high-fructose sugar -- and commodity prices have impacted the company's past profit margins, the outlook looks good for 2012. According to the May 2012 World Agricultural Supply and Demand Estimates report, excess corn supply could cause corn prices to drop nearly 40% -- from 2011's $6.88 high to a 2012 low of $4.20 per bushel. Looking forward, Archer Daniels could also benefit from a push to increase ethanol blends in gasoline. The U.S. Department of Agriculture is recommending the percentage of ethanol blended into gasoline increase from its current maximum of 10.2% to a rate of 15-20%, according to a recent report produced by the WorldWatch Institute. This increase would greatly expand ADM's ethanol production profits. Strong technical outlook Shareholders certainly appear bullish on the stock. As the above chart shows, appear to be emerging out of a technical pattern known as a head-and-shoulders formation. This pattern is so named because on the chart it looks like an actual head with a left and right shoulder. As the above chart shows, shares appear to be emerging out of a technical pattern known as a head-and-shoulders formation. This pattern is so named because on the chart it looks like an actual head with a left and right shoulder. Here's how the formation came about: The stock rose to its October 2011 high of $32.80, then declined to a low near $27.63, forming the left shoulder. That decline was followed by a push to a higher high at $36.99. That formed the head. Next, the stock price fell back to $28.33 in May 2011. But soon after, shares rose to $31.69 in July, which formed the right shoulder. But then it fell again. In technical terms, the head-and-shoulders pattern doesn't become official until shares drop below the so-called support level -- the price below which the stock is unlikely to fall. Once it sinks below that level, a \""neckline\"" is created, which you can see labeled on the chart above. The stock then dropped to a low of $23.29 in late September 2011. But since hitting this $23.29 low, shares have been on a strong uptrend, climbing about 37%, so far to date. The stock is currently near what's known as its resistance level -- the price above which it is unlikely to climb. That is set around the low $33-range. Although resistance has not yet been definitively broken, the more times it is tested, the more likely it is break. In the past three weeks, the stock has attempted to break resistance three times. In late May, shares pulled back slightly. But with the next push up, it is likely resistance could be broken. In this case, shares could retest their early 2011 high of $36.99. At current levels, this represents a potential 15% gain and in the meantime investors are paid to wait and collect the yield. This bullish technical outlook is supported by strong fundamentals. In early May, the company reported solid third-quarter results.Due to an increase in corn and oilseed processing sales, revenue for the period increased 5.4% to $21.2 million, up from $20.1 million in the prior-year quarter. For the full 2012 year, analysts' project revenue will increase 9.3% -- from $80.7 billion in 2011 to a projected $88.2 billion in 2012. With continued demand for the company's ethanol-based products, analysts' expect 2013 revenue will increase a further 2.9% to $90.8 billion. The earnings outlook is similar. Due to strong performance in its corn processing and agricultural services businesses, the company posted much better-than-expected third-quarter earnings of $0.78 per share, well ahead of analysts' estimates of $0.60 share, but down 12% from the comparable year-ago quarter. The year-over-year earnings drop was largely attributed to weak ethanol margins. For the full 2012 year, analysts expect earnings will dip 25% to $2.58 per share. (In 2011, it stood at $3.47.) But as the ethanol supply-demand equation tips back to the company's favor, earnings are expected to pick up again in 2013, increasing at least 22% to $3.17 per share. In addition to a reasonable growth outlook, the company has a solid price-to-sales ratio -- a metric to value the stock relative to its own past performance -- of 0.24. In comparison, the average for the Farm Products industry is nearly double at 0.50. In November 2011, Archer Daniels Midland management confirmed its quarterly dividend of $0.175 per share, for a projected forward annual yield of 2.2%. Every year since 2008, the company has increased its total dividend by one cent quarterly, indicating slow, but steady, sustainable growth that investors can likely count on for many more years to come. Action to Take --> Although the agricultural processor giant could continue to fall victim to rising commodity costs, which would hurt margins, ADM appears poised to weather any storm. The company is well diversified and caters to fillings one of our most basic human needs -- food supply. With a solid revenue growth outlook and history of dividend increases, ADM seems a suitable investment for a retiree's portfolio. -- Dr. Melvin Pasternak Melvin Pasternak does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC does not hold positions in any securities mentioned in this article. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. \u00a9 Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-07-02,38.3509,38.6221,38.2935,38.6062, ADP,2012-07-03,38.7147,38.7719,38.4455,38.7719, ADP,2012-07-05,38.5619,39.2522,38.4602,39.0964,"[""UPDATE: ADP US Private-Sector Employment Increased by 176,000 Jobs in June"", ""Jefferies Reiterates Paychex, Automatic Data Processing Holds"", ""Jefferies Reiterates Paychex, Automatic Data Processing Holds"", ""UPDATE: ADP US Private-Sector Employment Increased by 176,000 Jobs in June"", ""Ahead of Wall Street - July 5, 2012 - Ahead of Wall Street Thursday, July 5, 2012 Surprisingly favorable labor market data on the home front ahead of Friday's key government jobs report is a key positive indicator this morning, likely offsetting some of the negativity from the sub-par manufacturing ISM report earlier this week. Also providing a favorable backdrop for today's trading action are announcements of monetary easing from three major central banks. We have the service-sector ISM reading on deck for release a little later, but I would think that this morning's positive labor reports will be reassuring enough to offset any surprises from that front. We have a lot of central bank action this morning, with authorities in the U.K, the Euro-zone, and China announcing easing measures. The European Central Bank (ECB) rate cut announcement was largely expected, the Bank of England's expansion of its bond-purchase program wasn't much of a surprise either, but the Chinese action is not only surprising but likely indicative of the authorities' concern at the pace of deterioration in the economy. Let's hope that the market finds China's second rate cut in less than a month reassuring and not a sign of panic. Reversing the negative trend of the last two months, the monthly jobs report from Automatic Data Processing (ADP) came in better than expected. Since the ADP report tries to preview the monthly labor market report from the government's Bureau of Labor Statistics (BLS), this morning's positive read from the ADP will raise hopes of a positive print from the BLS tomorrow. For June, the ADP report is showing better than expected private-sector jobs of 176K and the tally May was modestly revised upwards to 136K from 133K. The biggest increase came from smaller firms, with gains in both goods producing as well as service sector employers. Manufacturing jobs were up 4K and by 8K in construction, modestly better than what the June manufacturing ISM report showed this week. This morning's initial Jobless Claims report is equally positive as it reverses the stalling trend of the last few weeks. Initial Jobless Claims dropped 14K last week to 374K, and the four-week average, which smoothes out the week-to-week volatility, dropped by 1500 to 385.8K. While the period for this week's Jobless Claims data does not correspond with the survey period for tomorrow's BLS report, it nevertheless provides a reassuring backdrop for tomorrow's BLS report. The expectation for Friday's BLS report ahead of this morning's ADP report was for headline gains of around 100K. While we may not see any upward revisions to forecasts at this late stage, but many would reasonably be looking for a positive surprise tomorrow. A BLS report tomorrow of above 100K jobs in June would not necessarily mean that the economy is growing at a higher pace than 2%. But it would definitely confirm that it is not weakening either. And that would be a net positive. The recent momentum on the housing front and the drop in gasoline prices are some of the bright spots for the U.S. economy, likely indicating that a growth rate in the 2% vicinity is very much sustainable. In corporate news, Apple ( AAPL ) is getting ready to launch of a smaller screen iPad in September, according to the Wall Street Journal. The new device could help the company cement leading market share position in the tablet space by warding off competition from Amazon ( AMZN ) and Google ( GOOG ) who both have 7-inch devices. Microsoft's (MSFT) new tablet, which hasn't yet hit the market, has an even bigger screen that the original iPad. In other news, Macy's ( M ) reported weaker than expected June same-store sales numbers and provided a lower earnings guidance. Sheraz Mian Director of Research APPLE INC (AAPL): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Jefferies Reiterates Paychex, Automatic Data Processing Holds"", ""UPDATE: ADP US Private-Sector Employment Increased by 176,000 Jobs in June"", ""Radio Update: Stocks in retail and jobs tug-of-war Joan Doniger has the latest money news, as stocks are caught between a retail slump and a labor market comeback.""]" ADP,2012-07-06,38.7591,39.0007,38.1645,38.3774,"[""Raymond James Downgrades Automatic Data Processing from Strong Buy to Outperform"", ""Raymond James Downgrades Automatic Data Processing from Strong Buy to Outperform"", ""Nonfarm Payrolls Disappoint Again - Analyst Blog The U.S. labor market remains front and center today following another disappointing monthly jobs report this morning. Thursday's report from Automatic Data Processing ( ADP ) had raised hopes that we would break the negative cycle of back-to-back disappointing jobs numbers of the last three months. But it was not to be, as this seems to be the new norm on the labor market front. There is no doubt now that the brief spurt of labor market momentum during the winter months is now firmly behind us. Economists will debate the causes of the economic slowdown this Spring, but the trend is quite clear. Monthly job gains averaged 75K in the second quarter, down sharply from first quarter's monthly pace of 226K. The question at this stage is whether these jobs numbers are bad enough to prompt a fresh response from the Fed. I thought a number around 50K today would qualify for that type of response, but today's number is not much better. But irrespective of what the Fed does or does not do, these numbers are not good enough to produce a meaningful improvement in household buying power. The Bureau of Labor Statistics (BLS) reported June non-farm payroll gains of 80K, below the roughly 100K expected and the 77K jobs in May (revised higher from 69K originally reported). The revisions trend was mixed, with May revised higher and April revised lower. For context, keep in mind that monthly job gains totaled 84K in June 2011. The unemployment and the labor force participation rates remained unchanged at 8.2% and 63.8%, respectively. Thursday's ADP report of strong private sector job gains seems like a distant memory now as we can't see any of those jobs in today's BLS report. A total 84K private sector jobs were created in June, with the government sector suffering job losses of 4K. This compares to private sector jobs of 105K in the month before and 102K in June 2011. Manufacturing added 11K jobs in June, compared to 9K in May and 10K in April. Service sector jobs totaled 71K, down from 126K in May and 81K in April. Temp jobs increased, up 25.2K in June from 18.6K in May. The average workweek edged by 0.1 hours to 34.5 hours, while average hourly earnings increased by 6 cents to $23.50. The June average hourly earnings are up 2% from the same period last year. Either way you slice it, today's report doesn't paint an inspiring picture of the U.S. economy. It isn't so much the difference between the 80K jobs reported this morning and the expectation of about 100K, but the fact that we are witnessing another slowdown in the economy. The only positive one could take away from this report is that the labor market recovery is still underway; it may be slow, halting and underwhelming, but the economy is nevertheless producing jobs and not shedding them. Given the unfavorable global backdrop, with Europe in recession and China slowing down, that has to count for something. AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street - July 6, 2012 - Ahead of Wall Street Friday, July 6, 2012 The U.S. labor market remains front and center today following another disappointing monthly jobs report this morning. Thursday's report from Automatic Data Processing ( ADP ) had raised hopes that we would break the negative cycle of back-to-back disappointing jobs numbers of the last three months. But it was not to be, as this seems to be the new norm on the labor market front. There is no doubt now that the brief spurt of labor market momentum during the winter months is now firmly behind us. Economists will debate the causes of the economic slowdown this Spring, but the trend is quite clear. Monthly job gains averaged 75K in the second quarter, down sharply from first quarter's monthly pace of 226K. The question at this stage is whether these jobs numbers are bad enough to prompt a fresh response from the Fed. I thought a number around 50K today would qualify for that type of response, but today's number is not much better. But irrespective of what the Fed does or does not do, these numbers are not good enough to produce a meaningful improvement in household buying power. The Bureau of Labor Statistics (BLS) reported June non-farm payroll gains of 80K, below the roughly 100K expected and the 77K jobs in May (revised higher from 69K originally reported). The revisions trend was mixed, with May revised higher and April revised lower. For context, keep in mind that monthly job gains totaled 84K in June 2011. The unemployment and the labor force participation rates remained unchanged at 8.2% and 63.8%, respectively. Thursday's ADP report of strong private sector job gains seems like a distant memory now as we can't see any of those jobs in today's BLS report. A total 84K private sector jobs were created in June, with the government sector suffering job losses of 4K. This compares to private sector jobs of 105K in the month before and 102K in June 2011. Manufacturing added 11K jobs in June, compared to 9K in May and 10K in April. Service sector jobs totaled 71K, down from 126K in May and 81K in April. Temp jobs increased, up 25.2K in June from 18.6K in May. The average workweek edged by 0.1 hours to 34.5 hours, while average hourly earnings increased by 6 cents to $23.50. The June average hourly earnings are up 2% from the same period last year. Either way you slice it, today's report doesn't paint an inspiring picture of the U.S. economy. It isn't so much the difference between the 80K jobs reported this morning and the expectation of about 100K, but the fact that we are witnessing another slowdown in the economy. The only positive one could take away from this report is that the labor market recovery is still underway; it may be slow, halting and underwhelming, but the economy is nevertheless producing jobs and not shedding them. Given the unfavorable global backdrop, with Europe in recession and China slowing down, that has to count for something. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for July 6, 2012 - Market News Interest rate cuts in China and the Euro zone and monetary policy measures by The Bank of England were of no help to the US markets on Thursday. Investors' fears of lingering global financial woes and a dismal domestic services sector reading dragged the benchmarks down. Separately, initial claims showed signs of decline while the ADP report added more-than-expected jobs. However, expectations from US nonfarm payrolls, slated for release on Friday, were anything but optimistic. The Dow Jones Industrial Average (DJI) slipped 0.4% and closed at 12,896.67. The Standard & Poor 500 (S&P 500) was down 0.5% and finished yesterday's trading session at 1,367.58. The tech-laden Nasdaq Composite Index added a negligible 0.03 points to finish at 2,976.12, close to the level it started the day with. The fear-gauge CBOE Volatility Index (VIX) moved up 5.0% and settled at 17.50. Volumes were once again low as consolidated volumes on the New York Stock Exchange, the American Stock Exchange and Nasdaq amounted to roughly 5.19 billion shares, sharply lower than last year's daily average of 7.84 billion. Decliners outnumbered advancing stocks on the NYSE; as for 54% stocks that declined, 42% stocks moved up. While domestic investors' hopes for a third round of quantitative easing remained afloat, central banks in Europe and China stepped up measures, but both these developments failed to excite investors. The European Central Bank slashed interest rates to a record low of 0.75%, while the deposit rate was brought down to zero. However, the rate-cut action was followed by grim comments by ECB President Mario Draghi, which weighed on the investors' minds. Draghi said: \""The risks surrounding the economic outlook for the euro area continue to be on the downside\u2026Beyond the short term, we expect the euro area economy to recover gradually, although with momentum dampened by a number of factors. In particular, tensions in some euro area sovereign debt markets and their impact on credit conditions\"". Separately, in a move aimed at supporting the ailing Chinese economy, People's Bank of China announced a 31-basis point cut to the nation's benchmark lending rate, which slipped to 6%. Deposit rates were also slashed by 25 basis points and declined to 3%. The Chinese central bank had cut the rates earlier this year as well, on June 7. Thus, this decision marks the second such cut in two months. The rate cuts will be effective from Friday. Amidst these rate cuts, the Bank of England did not follow the same route, but announced a \u00a350 billion expansion of its quantitative easing plan. Despite the actions by these central banks, investors hardly found any reason for cheer as their fears about global financial woes remained intact. Mario Draghi's comments, as mentioned earlier, added to the gloom. Things were not too bright on the home front either, as economic activity in the non-manufacturing sector was slower-than-expected and was also at the lowest level since January 2012. According to the Institute for Supply Management's Non-Manufacturing Business Survey Committee: \""The NMI registered 52.1 percent in June, 1.6 percentage points lower than the 53.7 percent registered in May\u2026The Non-Manufacturing Business Activity Index registered 51.7 percent, which is 3.9 percentage points lower than the 55.6 percent reported in May\"". The growth in NMI also fell short of consensus estimates of a growth rate of 52.8%. However, jobs data came in positive yesterday as initial claims dropped and Automatic Data Processing, Inc.'s (NASDAQ: ADP ) National Employment Report suggested job additions in June. Looking at the initial claims data, the U.S. Department of Labor reported that the advance figure for seasonally adjusted initial claims dropped to 374,000, down 14,000 from the prior-week's revised figure of 388,000. The drop was larger than expected, as consensus estimates expected initial claims to be recorded at around 385, 000. As for the ADP report, it noted: \""Employment in the U.S. nonfarm private business sector increased by 176,000 from May to June, on a seasonally adjusted basis. The estimated gain from April to May was revised up slightly, from the initial estimate of 133,000 to a revised estimate of 136,000\"". Both the jobs reports were positive and they come ahead of crucial nonfarm payroll data to be released by the U.S. government. However, while reported figures were better-than-expected, market analysts are remain wary of the pending nonfarm data. Expectations are that payroll data would show an addition of 100,000 jobs, up from 77,000 in April and 69,000 in May. However, the unemployment rate will still linger around 8.2%, and thus investors did not find any reason for cheer. Additionally, yesterday, retail chains came out with their reports on June sales, which were largely discouraging. These included the likes of Costco Wholesale Corporation (NASDAQ: COST ), Target Corporation (NYSE: TGT ) and The Buckle, Inc. (NYSE: BKE ) and their shares dropped 0.4%, 1.1% and 3.0%, respectively. Macy's, Inc. (NYSE: M ), Kohl's Corporation (NYSE: KSS ) and The Wet Seal, Inc. (NASDAQ: WTSLA ) also reported dismal June sales, but their shares gained 2.7%, 6.3% and 4.4%, respectively. AUTOMATIC DATA (ADP): Free Stock Analysis Report BUCKLE INC (BKE): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report WET SEAL INC -A (WTSLA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Raymond James Downgrades Automatic Data Processing from Strong Buy to Outperform""]" ADP,2012-07-09,38.4317,38.4682,38.1378,38.4375, ADP,2012-07-10,38.6861,38.7521,38.1989,38.3706, ADP,2012-07-11,38.3991,38.543,38.1555,38.3923, ADP,2012-07-12,38.2512,38.4524,38.0333,38.3449,"[""ADP Awarded Human Capital Management Services Contract by City of Reno, Nevada"", ""ADP Awarded Human Capital Management Services Contract by City of Reno, Nevada"", ""ADP Awarded Human Capital Management Services Contract by City of Reno, Nevada""]" ADP,2012-07-13,38.3085,38.7719,38.266,38.6645, ADP,2012-07-16,38.4524,38.7798,38.3923,38.55, ADP,2012-07-17,38.8085,38.9435,38.3152,38.8015, ADP,2012-07-18,38.7651,39.4435,38.694,39.3627, ADP,2012-07-19,39.2907,39.4218,38.9178,39.1172, ADP,2012-07-20,39.1526,39.2019,38.7719,38.84, ADP,2012-07-23,38.2591,38.5707,37.9908,38.4375, ADP,2012-07-24,38.5363,38.55,37.9761,38.2512, ADP,2012-07-25,38.4899,38.6141,38.1645,38.3636, ADP,2012-07-26,39.0214,39.413,38.7651,39.1309,"Equifax Tops Estimates, Guides Firm - Analyst Blog Equifax Inc. ( EFX ) has posted second quarter 2012 adjusted earnings per share (EPS) of 74 cents, surpassing the Zacks Consensus Estimate by 2 cents. Results were up 21.0% from the year-ago quarter. The adjusted EPS excludes loss on the deconsolidation of Brazil and the impact of acquisition-related amortization expense, net of tax. Management attributed the improvement to better mortgage activities and strong performance of non-mortgage revenues. Revenue Revenue grew 10.0% year over year to $535.8 million. The revenue figure came in below the company's expected growth range but was above the Zacks Consensus Estimate of $528.0 million. The upside could be attributed to top-line growth across the board, partially offset by lackluster performance by the International segment. Excluding any contribution from its Brazilian operations, revenue grew almost 14.0% year over year in the U.S. dollar terms. Segment wise, total U.S. Consumer Information Solutions (USCIS) revenue was $230.1 million, up 19.0% from the year-ago quarter. Among sub-segments, strong growth was noticed in Mortgage Solutions Services (51.0%), followed by Online Consumer Information Solutions (20.0%). The company witnessed a deceleration in its Consumer Financial Marketing Services segment (down 9.0%). Total International (including Europe, Canada and Latin America) revenue slid 9.0% year over year to $119.5 million, mostly due to a 22.0% decline recognized in Latin America. However, Europe grew 11.0%, and the Canada Consumer segment inched up 2.0% in U.S. dollar terms. Revenue from the Total Workforce Solutions segment increased 18.9% year over year to $115.2 million. The upside resulted from an 18.9% year-over-year increase in the Verification Services revenue, partially offset by flat growth in the Employer Services revenue. North American Personal Solutions contributed $50.7 million, reflecting 5.5% year-over-year improvement. North American Commercial Solutions generated $20.3 million, down 0.5% from the year-ago quarter. Operating Results Gross margin in the second quarter was 62.0%, up from 61.3% in the year-ago quarter. Operating margin was 24.8% as against 23.5% a year ago. The margin performance was better in USCIS, International, Workforce Solutions and North America Personal Solutions, partially offset by weak performance by North America Commercial Solutions. The company reported higher operating expenses with selling, general and administrative expenditure increasing 10.9% year over year and depreciation and amortization expenses rising 0.2%. On a GAAP basis, net income from continuing operations was $76.4 million or 62 cents per share versus $57.3 million or 28 cents per share in the comparable quarter last year. Excluding loss on the deconsolidation of Brazil and the impact of acquisition-related amortization expense, net of tax, adjusted net income was $90.7 million or 74 cents per share, up 21.0% from $76.5 million or 61 cents in the year-ago quarter. Balance Sheet, Cash Flow & Dividend Equifax exited the quarter with $183.1 million in cash and cash equivalents, up from $132.7 million in the previous quarter. Accounts receivables were $293.9 million. Total long-term debt was $968.8 million, down from $982.0 million in the prior quarter. Cash provided by operating activities was $152.1 million, compared with $48.3 million in the prior quarter. During the second quarter, Equifax bought back 1.1 million of common shares for $51.1 million. As of June 30, 2012, roughly $261.0 million worth shares remain under the current authorization. Equifax paid a quarterly dividend of 18 cents per share totaling $21.9 million. Guidance For the third quarter of 2012, Equifax expects revenue to be up 9.0% to 11.0% from the year-ago quarter, based on contributions from domestic and international businesses and the ongoing foreign exchange rates excluding contributions from Brazil. Excluding the impact of acquisition-related amortization expense, Equifax expects adjusted earnings per share to range between 71 cents and 74 cents. The Zacks Consensus Estimate for the third quarter is 74 cents, which is on the higher end of the company's guidance. Our Take Equifax exited the quarter with flying colors, surpassing the Zacks Consensus Estimates both on the top and bottom lines. We are optimistic about Equifax' revenue growth prospects and improving margins, as reflected in its guidance. But management's projection of a lackluster mortgage scenario in the second half of 2012 concerns us. Management's efforts regarding strategic initiatives around product innovation, broadening data assets through acquisitions and continuous share gains in North America were encouraging. Given the company's strong correlation to consumer and financial markets, as well as its U.S. exposure, we see a gradual improvement in results. But stiff competition from Automatic Data Processing Inc. ( ADP ) is a concern. Currently, Equifax has a Zacks #4 Rank implying a short-term ""Sell"" rating. AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-07-27,39.3952,39.9643,39.27,39.8775, ADP,2012-07-30,39.6684,40.1477,39.5392,39.6989, ADP,2012-07-31,39.6309,39.7176,39.1398,39.1526,"Pre-Market Earnings Report for August 1, 2012 : AMT, ADP, AGN, AVP, GAS, AGP, BOKF, BAH, BCPC, ASCA, AMRI, ALVR T he following companies are expected to report earnings prior to market open on 08/01/2012. Visit our Earnings Calendar for a full list of expected earnings releases. American Tower Corporation (REIT) ( AMT ) is reporting for the quarter ending June 30, 2012. The reit company's consensus earnings per share forecast from the 18 analysts that follow the stock is $0.41. This value represents a -99.96% decrease compared to the same quarter last year. AMT missed the consensus earnings per share in the 3rd calendar quarter by -116%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for AMT is 40.28 vs. an industry ratio of 14.10, implying that they will have a higher earnings growth than their competitors in the same industry. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending June 30, 2012. The outsourcing company's consensus earnings per share forecast from the 23 analysts that follow the stock is $0.53. This value represents a 10.42% increase compared to the same quarter last year. In the past year ADP has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2012 Price to Earnings ratio for ADP is 20.93 vs. an industry ratio of 13.40, implying that they will have a higher earnings growth than their competitors in the same industry. Allergan, Inc. ( AGN ) is reporting for the quarter ending June 30, 2012. The large cap pharmaceutical company's consensus earnings per share forecast from the 21 analysts that follow the stock is $1.06. This value represents a 10.42% increase compared to the same quarter last year. AGN missed the consensus earnings per share in the 1st calendar quarter by -1.15%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for AGN is 20.46 vs. an industry ratio of 13.70, implying that they will have a higher earnings growth than their competitors in the same industry. Avon Products, Inc. ( AVP ) is reporting for the quarter ending June 30, 2012. The cosmetic & toiletries company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.21. This value represents a -57.14% decrease compared to the same quarter last year. The last two quarters AVP had negative earnings surprises; the latest report they missed by -64.29%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for AVP is 16.79 vs. an industry ratio of 17.40. AGL Resources, Inc. ( GAS ) is reporting for the quarter ending June 30, 2012. The gas distribution company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.28. This value represents a -15.15% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for GAS is 15.24 vs. an industry ratio of 17.00. AMERIGROUP Corporation ( AGP ) is reporting for the quarter ending June 30, 2012. The hmo company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.70. This value represents a -15.66% decrease compared to the same quarter last year. AGP missed the consensus earnings per share in the 2nd calendar quarter by -24.55%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for AGP is 22.58 vs. an industry ratio of 19.90, implying that they will have a higher earnings growth than their competitors in the same industry. BOK Financial Corporation ( BOKF ) is reporting for the quarter ending June 30, 2012. The bank (southwest) company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.13. This value represents a 13.00% increase compared to the same quarter last year. BOKF missed the consensus earnings per share in the 4th calendar quarter by -10.91%. The ""days to cover"" for this stock exceeds 15 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for BOKF is 12.52 vs. an industry ratio of 14.30. Booz Allen Hamilton Holding Corporation ( BAH ) is reporting for the quarter ending June 30, 2012. The government services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.41. This value represents a 5.13% increase compared to the same quarter last year. In the past year BAH has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 4.88%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for BAH is 10.86 vs. an industry ratio of 14.30. Balchem Corporation ( BCPC ) is reporting for the quarter ending June 30, 2012. The chemical company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.31. This value represents a -3.13% decrease compared to the same quarter last year. The ""days to cover"" for this stock exceeds 12 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for BCPC is 25.67 vs. an industry ratio of 13.30, implying that they will have a higher earnings growth than their competitors in the same industry. Ameristar Casinos, Inc. ( ASCA ) is reporting for the quarter ending June 30, 2012. The gaming company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.61. This value represents a 22.00% increase compared to the same quarter last year. The ""days to cover"" for this stock exceeds 10 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for ASCA is 7.19 vs. an industry ratio of 10.00. Albany Molecular Research, Inc. ( AMRI ) is reporting for the quarter ending June 30, 2012. The medical services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.02. This value represents a -200.00% decrease compared to the same quarter last year. The last two quarters AMRI had negative earnings surprises; the latest report they missed by -60%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for AMRI is 34.38 vs. an industry ratio of 23.30, implying that they will have a higher earnings growth than their competitors in the same industry. Alvarion Ltd. ( ALVR ) is reporting for the quarter ending June 30, 2012. The computer networks company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.09. This value represents a -1000.00% decrease compared to the same quarter last year. In the past year ALVR has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2012 Price to Earnings ratio for ALVR is -1.15 vs. an industry ratio of 23.30. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-08-01,39.2837,39.2837,38.5707,38.6703,"[""Earnings Scheduled For August 1, 2012"", ""Automatic Data Processing Reports Q4 EPS $0.53 vs $0.53 Est; Revenues $2.64B vs $2.66B Est"", ""Automatic Data Processing Reports Q4 EPS $0.53 vs $0.53 Est; Revenues $2.64B vs $2.66B Est"", ""Earnings Scheduled For August 1, 2012"", ""On ADP, the Fed, BLS and QE3 Odds - Analyst Blog The Fed is in the spotlight once again today, with the post-FOMC meeting statement coming out this afternoon. But those looking for fresh concrete actions from the Central Bank will likely be disappointed as the odds of a new round of quantitative easing are quite low. The statement will likely reiterate the Central Bank's commitment to 'do more' should conditions warrant. They will also likely acknowledge the downside risks to the economic outlook, but will stay shy of making a new announcement. Many see the economic picture not bad enough to warrant another round of the bond-purchase program, particularly given the questionable utility of such a measure to the economy anyway. And the positive-looking jobs data from payroll processor Automatic Data Processing ( ADP ) this morning certainly bears out that line of thinking. Also on deck for release a little later is the July manufacturing ISM report, but the focus, of course, will be on the Fed statement coming out this afternoon. ??????The ADP report is showing better-than-expected private-sector jobs of 163K in July and the tally June was modestly revised downwards to 172K from 176K. The biggest increase came from smaller firms (less than 50 employees), adding 73K jobs, while medium and large businesses added 67K and 23K jobs in July, respectively. Service sector jobs increased by 148K in July vs. 151K in June, while manufacturing employment increase by 9K in July after the 6K gain in June. The expectation for Friday's BLS report, ahead of this morning's ADP report, was for headline gains of around 100K. If the ADP report is painting a correct picture of private sector jobs in July, then we will get a positive surprise on Friday from the BLS. But given the ADP's less-than-stellar record of late in foretelling the government jobs number, hardly anyone will be making that bet with this morning's numbers. But irrespective of how accurate or otherwise the ADP report is in gauging the health of the labor market in real time, the important takeaway may actually be that the labor market is weak but may not be weakening any further. And it is this takeaway which is critical to what the Fed will or will not do on the QE question. AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street - August 1, 2012 - Ahead of Wall Street Wednesday, August 1, 2012 The Fed is in the spotlight once again today, with the post-FOMC meeting statement coming out this afternoon. But those looking for fresh concrete actions from the central bank will likely get disappointed as the odds of a new round of quantitative easing are quite low. The statement will likely reiterate the central bank's commitment to 'do more' should conditions warrant. They will also likely acknowledge the downside risks to the economic outlook, but will stay shy of making a new announcement. Many see the economic picture not bad enough to warrant another round of bond-purchase program, particularly given the questionable utility of such a measure to the economy anyway. And the positive looking jobs data from payroll processor Automatic Data Processing ( ADP ) this morning certainly bears out that line of thinking. Also on deck for release a little later is the July manufacturing ISM report, but the focus of course will be on the Fed statement coming out this afternoon. The ADP report is showing better than expected private-sector jobs of 163K in July and the tally June was modestly revised downwards to 172K from 176K. The biggest increase came from smaller firms (firms with less than 50 employees), adding 73K jobs, while medium and large businesses added 67K and 23K jobs in July, respectively. Service sector jobs increased by 148K in July vs. 151K in June, while manufacturing employment increase by 9K in July after the 6K gain in June. The expectation for Friday's BLS report ahead of this morning's ADP report was for headline gains of around 100K. If the ADP report is painting a correct picture of private sector jobs in July, then we will get a positive surprise on Friday from the BLS. But given the ADP's less than stellar record of late in foretelling the government jobs number, hardly anyone will be making that bet with this morning's numbers. But irrespective of how accurate or otherwise the ADP report is in gauging the health of the labor market in real time, the important takeaway may actually be that the labor market is weak but it may not be weakening any further. And it is this takeaway which is critical to what the Fed will or will not do on the QE question. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP\u2019s Q4 Earnings Match Expectations, but 2013 Forecast Looks Tepid (ADP) Business outsourcing giant Automatic Data Processing ( ADP ) on Wednesday posted in-line fiscal fourth quarter earnings results, but its 2013 outlook could miss Wall Street's view. The Roseland, NJ-based company reported fiscal fourth quarter net income of $258.4 million, or 53 cents per share, compared with $241.8 million, or 48 cents per share, in the year-ago period. Revenue rose 5.2% from last year to $2.64 billion. On average, Wall Street analysts expected a matching profit of 53 cents per share, albeit on slightly higher revenue of $2.66 billion. Looking ahead, ADP said it expects fiscal 2013 earnings to rise between 5% and 7%, on revenue growth of 5% to 7%. Analysts currently expect 9% EPS growth and 8% revenue growth. ADP shares fell 55 cents, or -1%, in premarket trading Wednesday. The Bottom Line Shares of Automatic Data Processing ( ADP ) have a 2.79% dividend yield, based on last night's closing stock price of $56.55. The stock has technical support in the $52 price area. If the shares can firm up, we see overhead resistance around the $59-$60 price levels. Automatic Data Processing ( ADP ) is not recommended at this time, holding a Dividend.com DARS\u2122 Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Meets Earnings, Misses Revenue - Analyst Blog Automatic Data Processing Inc. ( ADP ) reported fourth quarter 2012 earnings of 53 cents per share, which came in line with the Zacks Consensus Estimate. Earnings increased 10.4% year over year primarily due to strong revenue growth. Quarter Details Revenues increased 5.2% year over year to $2.64 billion, which marginally missed the Zacks Consensus Estimate of $2.65 billion. Organic growth was 4.0% in the quarter. The better-than-expected revenue was driven by strong new business sales and better sales execution in the Employer Services and PEO Services segments. Employer Services revenue increased 7.0% year over year (5.0% organically) to $1.88 billion. The number of employees on clients' payrolls in the United States grew 3.2% in the quarter on a same-store-sales basis. PEO Services revenue expanded 12.0% year over year to $443.3 million in the reported quarter. Dealer Services revenue climbed 7.0% year over year to $431.4 million. Interest on funds held for clients declined 11.3% year over year to $120.3 million, due to a decline of 40 basis points (bps) in the average interest yield to 2.5%, partially offset by a 4.0% increase in average client funds balances to $19.2 billion. Total expenses in the reported quarter increased 4.0% year over year to $2.27 billion, attributable to higher operating expenses (up 4.2% year over year), selling, general & administrative expense (up 2.6% year over year) and systems development & programming costs (up 8.0% year over year). The company reported pre-tax earnings of $397.5 million, up 10.8% from the year-ago quarter. Pre-tax margin increased 80 bps year over year to 15.1%, driven by higher Employer Services' pre-tax margin, PEO Services pre-tax margin and Dealer Services pre-tax margin, which increased 40 bps, 130 bps and 70 bps, respectively, in the reported quarter. Net income increased 6.9% year over year to $258.4 million. Net margin increased by 20 bps to 9.8% in the quarter. ADP exited the quarter with cash and cash equivalents (including short-term marketable securities) of $1.59 billion, compared with $1.69 billion in the previous quarter. Long-term debt decreased to $16.8 million in the quarter from $17.3 million in the prior quarter. ADP purchased 6.4 million shares for $342.0 million during the reported quarter. Guidance For fiscal 2013, ADP expects total revenue to increase in the range of 5.0%-7.0% year over year. This includes unfavorable foreign exchange rates, expected decline in interest on client funds and year-over-year comparisons relating to sale of assets and expiration of certain employment tax credits. For fiscal 2013, earnings are expected to increase 5.0%-7.0% over the year-ago level of $2.74 per share. Employer Services revenue is expected to grow approximately 6%-7% with a pre-tax margin expansion of approximately 50bps. PEO Services revenue is forecasted to improve 13.0%-15.0%. Pre-tax margin is expected to grow slightly on a year-over-year basis. ADP expects Dealer Services revenue to increase in the 7.0%-9.0% range with a pre-tax margin expansion of at least 50 bps. The company expects interest on funds held for clients to decline $65.0 million-$75.0 million or 13.0%-15.0% from $493.3 million in fiscal 2012. However, the company expects 5%-7% increase in the average client fund balances. Our Recommendation We believe that ADP will continue to outperform the broader market based on strong new business sales, diversified product portfolio, improving customer retention, accretive acquisitions, strong balance sheet and shareholder-friendly programs (aggressive share buybacks, dividend) over the long term. However, increasing competition from Paychex Inc. (PAYX) and a gloomy macroeconomic condition are the major headwinds in the near term. We have a Neutral recommendation on ADP over the long term. Currently, ADP has a Zacks #3 Rank, which implies a Hold rating on a short-term basis. AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Reports Q4 EPS $0.53 vs $0.53 Est; Revenues $2.64B vs $2.66B Est"", ""Earnings Scheduled For August 1, 2012"", ""Stocks to watch Wednesday: HanesBrands, Scripps MarketWatch\u2019s rundown of corporate headlines of interest to investors early Wednesday."", ""This Morning: Apple V. Samsung Gears Up, ADP, NICE Forecasts Disappoint Here are some things going on this morning in your world of tech:A number of reporters have been sending back observations from the San Jose courtroom where the patent trial between Apple (AAPL) and Samsung is getting underway. AllThingsD's Ina Friedhas already filed a number of dispatches from courtside, including remarks from an Apple designer who said \""we've been ripped off,\"" with respect to the iPhone and Samsung's products.Reuters's Poornima Gupta has a wrap-up account of the opening remarks yesterday, including statements by Apple that Samsung documents show its intent to \""rip-off\"" the iPhone, and Samsung's contentions it is just competition American-style.In a note this morning from Nomura Equity Research's Richard Windsor observes that the trial is getting off to a bad start for Samsung, in his opinion.Despite begging the judge to allow what it describes as critical evidence to be heard by the jury, the request was denied for a third and final time. The evidence concerns a phone that Samsung claims to have been developing in 2006, which shows that it was working on the kind of designs long before it could have copied them from Apple. Samsung made a statement to this effect and is now being accused of attempting to pollute the jury as a result of it. Apple shares this morning are down $3.19, or half a percent, at $607.57, while Samsung shares fell 0.7% to ?1,300,000 in Seoul trading.For further coverage, you can also check out Dow Jones's dedicated Apple V. Samsung page here.Speaking of Apple, after yesterday's run of clues and guesses about the company's timing for new products, Topeka Capital Markets's Brian White this morning offers some further evidence: Sales for touch-based panel supplier Wintek for the month of July was much higher than is the seasonal pattern, writes White.This July sales print represents the third strongest MoM growth rate for Wintek that we have on record for the Company through 2005 and clearly the best July performance [...] Wintek has generated over 50% of sales from Apple in programs such as the iPhone and iPad. If related to Apple, we believe the strength at Wintek could be due to the ramp of the \""iPad Mini\"", rather than the iPhone 5 that is expected to use in-cell touch panels from leading LCD panel makers.""]" ADP,2012-08-02,38.556,38.7374,38.2728,38.5984,"Company News for August 2, 2012 - Corporate Summary • Time Warner Inc. (NYSE: TWX ) posted second quarter earnings per share of $0.59, surpassing the Zacks Consensus Estimate of $0.58 • Automatic Data Processing (NASDAQ: ADP ) reported fourth quarter earnings per share of $0.53, matching the Zacks Consensus Estimate of $0.53 • Avon Products, Inc. (NYSE: AVP ) posted second quarter earnings per share of $0.20, missing the Zacks Consensus Estimate of $0.21 • Hyatt Hotels Corporation (NYSE: H ) reported second quarter earnings per share of $0.24, beating the Zacks Consensus Estimate of $0.23 by a penny AUTOMATIC DATA (ADP): Free Stock Analysis Report AVON PRODS INC (AVP): Free Stock Analysis Report HYATT HOTELS CP (H): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-08-03,39.1309,39.48,39.0579,39.413, ADP,2012-08-06,39.4662,39.5796,39.2837,39.3173,"[""Jefferies & Company Maintains Automatic Data Processing at Hold, Lowers PT from $56 to $55"", ""UPDATE: Jefferies Lowers PT on Automatic Data Processing from $56 to $55"", ""UPDATE: Jefferies Lowers PT on Automatic Data Processing from $56 to $55"", ""Jefferies & Company Maintains Automatic Data Processing at Hold, Lowers PT from $56 to $55"", ""UPDATE: Jefferies Lowers PT on Automatic Data Processing from $56 to $55"", ""Jefferies & Company Maintains Automatic Data Processing at Hold, Lowers PT from $56 to $55""]" ADP,2012-08-07,39.5461,39.6733,39.3952,39.6181,"Google Steering Cash into Auto ABS, out of Treasuries" ADP,2012-08-08,39.6033,39.8557,39.5559,39.7917, ADP,2012-08-09,39.7413,39.7848,39.4574,39.5688, ADP,2012-08-10,39.4662,39.909,39.413,39.8853, ADP,2012-08-13,39.7621,39.8706,39.3933,39.5796,"[""UBS Maintains Automatic Data Processing at Buy, Raises PT from $62 to $64"", ""UBS Maintains Automatic Data Processing at Buy, Raises PT from $62 to $64"", ""UBS Maintains Automatic Data Processing at Buy, Raises PT from $62 to $64""]" ADP,2012-08-14,39.837,40.0008,39.6062,40.0008, ADP,2012-08-15,39.9011,40.1477,39.8419,40.0461, ADP,2012-08-16,40.0461,40.5777,40.0383,40.4544, ADP,2012-08-17,40.6132,40.6132,40.2878,40.5116, ADP,2012-08-20,40.5323,40.6221,40.3242,40.4071, ADP,2012-08-21,40.3499,40.5441,40.1625,40.2739, ADP,2012-08-22,40.1625,40.4258,39.9869,40.2127,Is the tech sector a deflating bubble? Commentary: The top performers weigh in on Apple and tech Has tech sector strength over the last couple of years been nothing more than a bubble? ADP,2012-08-23,40.0974,40.2404,39.8775,40.1358, ADP,2012-08-24,40.1231,40.4979,40.0146,40.4465, ADP,2012-08-27,40.5056,40.704,40.412,40.5116, ADP,2012-08-28,40.3499,40.5648,40.2404,40.4258, ADP,2012-08-29,40.3775,40.5056,40.1911,40.4188, ADP,2012-08-30,40.2611,40.3499,40.0757,40.1111, ADP,2012-08-31,40.4188,40.4672,40.0461,40.2127, ADP,2012-09-04,40.061,40.3172,39.7591,40.2276, ADP,2012-09-05,40.2404,40.3903,40.0827,40.2878, ADP,2012-09-06,40.5373,41.126,40.5373,41.0965,"[""Ahead of Wall Street for September 6, 2012 - Ahead of Wall Street Thursday, September 6, 2012 We have two major market-moving events this morning, and both are positive for the market. As important as the favorable domestic labor market readings this morning are, the news out of the European Central Bank (ECB) is even more significant, even though mostly along expected lines. The ECB left short-term interest rates unchanged. But the market's wasn't looking for a rate cut. What it was looking for instead was a credible enough ECB bond purchase program to bring down the temperatures in the Spanish and Italian government bond markets. While a number of details are not yet clear at this early stage, it appears that Mario Draghi is delivering on his 'whatever it takes' pledge. With respect to the Fed, the expectation is that they will come out with a new easing program at next week's meeting despite today's positive jobs report from payroll processor Automatic Data Processing ( ADP ) and weekly Jobless Claims numbers. The ADP report is showing better-than-expected private-sector jobs of 201K in August and the tally July was revised upwards to 173K from 163K. The consensus expectations was gains of 149K. The biggest increase came from smaller firms (firms with less than 50 employees), adding 99K jobs, while medium and large businesses added 102K and 86K jobs in July, respectively. Service sector jobs increased by 185K in August, while good producing sectors added 16K. Importantly, the construction sector added jobs for the third straight month, adding 10K jobs in August. The expectation for Friday's BLS report ahead of this morning's ADP report was for headline gains of around 125K. If the ADP report is painting as correct a picture of private sector jobs in August as it did in July, then we will get a positive surprise on Friday from the BLS. But irrespective of how accurate or otherwise the ADP report is in gauging the health of the labor market in real time, the important takeaway may actually be that the labor market has stabilized after the persistent weakening trend of the Spring months. In corporate news, Amazon ( AMZN ) is expected to unveil a new version of its Kindle Fire tablet at an event today. This follows a less-than-successful smart-phone launch by Nokia ( NOK ) on Wednesday, which runs on Microsoft's ( MSFT ) new Windows 8 operating system. The expected launch of Apple's ( AAPL ) iPhone 5 next week seems to have prompted these tech companies to come out with their product launches. Sheraz Mian Director of Research APPLE INC (AAPL): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report NOKIA CP-ADR A (NOK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Positive Reads from ADP, ECB - Analyst Blog We have two major market-moving events this morning, and both are positive for the market. As important as the favorable domestic labor market readings this morning are, the news out of the European Central Bank (ECB) is even more significant, even though mostly along expected lines. The ECB left short-term interest rates unchanged. But the market's wasn't looking for a rate cut. What it was looking for instead was a credible enough ECB bond purchase program to bring down the temperatures in the Spanish and Italian government bond markets. While a number of details are not yet clear at this early stage, it appears that Mario Draghi is delivering on his 'whatever it takes' pledge. With respect to the Fed, the expectation is that they will come out with a new easing program at next week's meeting despite today's positive jobs report from payroll processor Automatic Data Processing ( ADP ) and weekly Jobless Claims numbers. The ADP report is showing better-than-expected private-sector jobs of 201K in August and the tally July was revised upwards to 173K from 163K. The consensus expectations was gains of 149K. The biggest increase came from smaller firms (firms with less than 50 employees), adding 99K jobs, while medium and large businesses added 102K and 86K jobs in July, respectively. Service sector jobs increased by 185K in August, while good producing sectors added 16K. Importantly, the construction sector added jobs for the third straight month, adding 10K jobs in August. The expectation for Friday's BLS report ahead of this morning's ADP report was for headline gains of around 125K. If the ADP report is painting as correct a picture of private sector jobs in August as it did in July, then we will get a positive surprise on Friday from the BLS. But irrespective of how accurate or otherwise the ADP report is in gauging the health of the labor market in real time, the important takeaway may actually be that the labor market has stabilized after the persistent weakening trend of the Spring months. In corporate news, Amazon ( AMZN ) is expected to unveil a new version of its Kindle Fire tablet at an event today. This follows a less-than-successful smart-phone launch by Nokia ( NOK ) on Wednesday, which runs on Microsoft's ( MSFT ) new Windows 8 operating system. The expected launch of Apple's ( AAPL ) iPhone 5 next week seems to have prompted these tech companies to come out with their product launches. APPLE INC (AAPL): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report NOKIA CP-ADR A (NOK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ECB Bond Buying Buoys US Market, ETFs The European Central Bank's decision to buy bonds on the open market to help lower borrowing costs in troubled Spain and Italy was a shot in the arm for a global market that had been starving for some sort of stimulus. The Dow Jones industrial average-and a roster of Europe-focused ETFs-opened sharply higher and held on to the upward momentum throughout the session Thursday. The broad U.S. equity benchmark hit its highest level since late 2007, breaking through the 13,290-mark and rallying some 1.8 percent on the day to close at 13,292. Meanwhile, the iShares MSCI Spain Index Fund (NYSEArca:EWP) and the iShares MSCI Italy Index Fund (NYSEArca:EWI) surged to five-month highs with gains of 5.7 percent and 5.4 percent, respectively. Even more broad Europe-focused ETFs were benefiting from the momentum triggered by ECB President Mario Draghi's much-anticipated press conference Thursday. The central banker said the ECB's plan to buy government bonds would provide a \""fully effective backstop\"" against market volatility, according to the Wall Street Journal. The $6.6 billion Vanguard MSCI Europe ETF (NYSEArca:VGK), for instance, was up 3 percent at $46.23 a share, its highest price since April, according to data posted on Yahoo Finance. The fund, which is heavily allocated to the United Kingdom, has Spain and Italy weightings of 5 percent and 4 percent of the portfolio, respectively. And other broad stock market funds such as the SPDR S&P 500 ETF (NYSEArca:SPY), the world's largest ETF, soared too; SPY hit its highest level in more than four years. The latest ECB action echoed the strong rhetoric the bank had served up earlier this summer, saying at the time that it would do whatever it took to protect the euro, and fueling market expectations that bond buying would be in the cards. Indeed, the ECB's move to act as the lender of last resort to the troubled region, all the while respecting its charter and eurozone members' sovereignty, changes the tone of the unfolding crisis. The bond buying will lower yields, which are the benchmark for a country's borrowing costs. For example, yields on 10-year Spanish sovereign bonds dropped 35 basis points to around 6.05 percent-well below the 7 percent threshold widely considered to represent unsustainable costs to the government. While the ECB's moves bring it closer to the Federal Reserve's immediate moves to provide a backstop to credit markets in the aftermath of the failure of Lehman Brothers in 2008, the policy action is nonetheless different from what the Fed has done. The ECB won't, for example, expand its balance sheet, as the Fed has when it has implemented \""quantitative easing\"" programs in the U.S. Draghi's press conference followed the ECB's decision to leave its main interest rate unchanged at 0.75 percent-a record low. The central bank also increased its forecast for inflation, now expected to stay above 2 percent this year, according to the Wall Street Journal. Jobs Report Could Rain On The Parade But it remains to be seen just how long-lived the enthusiasm over the global economy will be as the U.S.' latest jobs report looms in the horizon. As ConvergEX Group chief market strategist Nicholas Colas put it, of all the events that could impact market performance such as ECB and U.S. Federal Reserve meetings, Friday's U.S. jobs report \""is the most important.\"" \""First, it is the next to last update on the state of the U.S. labor market before the Presidential election,\"" Colas said in a report released Thursday. \""Second, it's a measure of the success of monetary and fiscal policy, rather than a signpost about their next twist or turn.\"" \""It is the most prominent landmark related to the painfully slow economic recovery of the last three years,\"" Colas added. \""A bad number could be self-reinforcing in future months, if employers take if as a sign of the next leg down.\"" The prevailing market expectation ahead of Friday's data is for at least 120,000 jobs added in August and an unchanged unemployment rate of 8.3 percent. Automatic Data Processing ( ADP ) figures released earlier in the week put August private jobs at 201,000. Permalink | 'copy; Copyright 2009 IndexUniverse LLC. All rights reserved Don't forget to check IndexUniverse.com's ETF Data section. Copyright \u00ae 2012 IndexUniverse LLC . All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-09-07,41.1487,41.195,40.8607,41.0235,"Stock Market News for September 7, 2012 - Market News Benchmarks soared to new multi-year highs on Thursday following news that the ECB had agreed on a bond purchase plan that will strive to combat the region's intensifying debt crisis. Separately, jobs data on the domestic front was positive, helping markets widen their gains. Eventually, the Dow was at its best level since 2007, the S&P 500 hit the highest mark since 2008, and the Nasdaq soared to its biggest level since 2000. The Dow Jones Industrial Average (DJI) soared 244.52 points or 1.9% to end at 13,292.00. The Standard & Poor 500 (S&P 500) surged almost 2.1% to finish yesterday's strong rally at 1,432.12. The tech-laden Nasdaq Composite Index surged 2.2% to close at 3,135.81. Amidst such robust gains, the 12.1% slump in the fear-gauge CBOE Volatility Index (VIX), which settled at 15.60, further reflected investors' confidence. Total volume on the New York Stock Exchange was 3.96 billion shares. Advancers easily outnumbered declining stocks on the NYSE; as for 77% stocks that gained, only 20% stocks closed lower. Benchmarks last witnessed such high levels long ago when the recession had just begun around four years ago. In fact, the Nasdaq jumped to levels it last witnessed in 2000, during the Dotcom bubble. These new multi-year highs were primarily due to what European Central Bank (ECB) President Mario Draghi had to announce. Following the ECB meeting, Mario Draghi said the ECB has agreed to buy back government bonds of embattled Euro-zone nations. Draghi said: ""The Governing Council decided on the modalities for undertaking Outright Monetary Transactions (OMT) in secondary markets for sovereign bonds in the euro area"". The bond purchase would help nations such as Italy and Spain to control their burgeoning borrowing costs. The central bank is aiming to restore the 'singleness' of its monetary policy. Speaking at a press conference in Frankfurt, Draghi stated that ""OMTs will enable us to address severe distortions in government bond markets, which originate from, in particular, unfounded fears on the part of investors of the reversibility of the euro"". The onus lies on the countries' governments now, as they will have to seek help from Europe's rescue funds. Draghi said: """"Governments must stand ready to activate the EFSF/ESM in the bond market when exceptional financial-market circumstances and risks to financial stability exist - with strict and effective conditionality"". While the new bond purchase plan sparked off a strong rally, positive domestic jobs data also played a key role in ensuring that benchmarks achieved new multi-year highs. While the U.S. Department of Labor announced a bigger-than-expected drop in initial claims; Automatic Data Processing, Inc.'s (NASDAQ: ADP ) National Employment Report revealed that US companies added jobs at the fastest pace in five months in August. According to the Labor Department's report, the advance figure for seasonally adjusted initial claims was at 365,000 during the week ending September 1, down 12,000 from prior week. Consensus estimates had projected initial claims to come in at 372, 000. While initial claims data lifted sentiment, the ADP National Employment Report revealed that U.S. nonfarm private business sector employment jumped 201,000 from July to August. According to the report: ""Employment in the private, service-providing sector expanded 185,000 in August, up from 156,000 in July. Employment in the private, goods-producing sector added 16,000 jobs in August. Manufacturing employment rose 3,000, following an increase of 6,000 in July"". Coming to the individual sectors, the financial sector was a major gainer and the Financial Select Sector SPDR (XLF) soared 2.4%. Among the stocks, Goldman Sachs Group, Inc. (NYSE: GS ), JPMorgan Chase & Co. (NYSE: JPM ), Citigroup Inc. (NYSE: C ), Wells Fargo & Company (NYSE: WFC ), U.S. Bancorp (NYSE: USB ), Morgan Stanley (NYSE: MS ) and Charles Schwab Corp (NYSE: SCHW ) jumped 3.3%, 4.3%, 4.5%, 3.2%, 2.6%, 3.6% and 4.7%, respectively. AUTOMATIC DATA (ADP): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report GOLDMAN SACHS (GS): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report SCHWAB(CHAS) (SCHW): Free Stock Analysis Report US BANCORP (USB): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-09-10,40.9318,41.1842,40.843,40.8755, ADP,2012-09-11,40.773,40.9525,40.6684,40.7364, ADP,2012-09-12,40.4425,40.5146,39.9701,39.9988,"[""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Cash"", ""Jefferies & Company Downgrades Automatic Data Processing from Hold to Underperform, Maintains PT at $55"", ""Benzinga's Top Downgrades"", ""UPDATE: Jefferies Downgrades Automatic Data Processing to Underperform"", ""UPDATE: Jefferies Downgrades Automatic Data Processing to Underperform"", ""Benzinga's Top Downgrades"", ""Jefferies & Company Downgrades Automatic Data Processing from Hold to Underperform, Maintains PT at $55"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Cash"", ""Jefferies Downgrades ADP to \u201cUnderperform\u201d; Overvalued amid Several Economic Challenges (ADP) Business outsourcing giant Automatic Data Processing ( ADP ) on Wednesday received a big downgrade from analysts at Jefferies & Co. The firm cut its rating on ADP from \""Hold\"" to \""Underperform\"" with a $55 price target. That target implies a 6.5% downside to the stock's Tuesday closing price of $58.84. A Jefferies analyst commented, \""We've been cautious for awhile on ADP / Paychex (Nasdaq: PAYX); now we think it's time to sell the stocks. We downgrade both to Underperform from Hold, as we believe employment markets remain challenged, the interest rate environment will be a lingering headwind, and remaining secular tailwind is quite limited. Against this tough fundamental backdrop, these stocks carry the highest PEG ratio among large-cap, dividend-paying tech names in the S&P500.\"" ADP shares fell 84 cents, or -1.4%, in premarket trading Wednesday. The Bottom Line Shares of Automatic Data Processing ( ADP ) have a 2.69% dividend yield, based on last night's closing stock price of $58.94. The stock has technical support in the $54-$56 price area. The stock is approaching the all-time high price range of $63-$65 a share. Automatic Data Processing ( ADP ) is not recommended at this time, holding a Dividend.com DARS\u2122 Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex Slashed to \u201cUnderperform\u201d at Jefferies; Economic Backdrop Doesn\u2019t Bode Well (PAYX) Payroll and human resources specialist Paychex, Inc. ( PAYX ) on Wednesday caught a big downgrade from analysts at Jefferies & Co. The firm cut its rating on PAYX from \""Hold\"" to \""Underperform\"" with a $31 price target, suggesting a 9% downside to the stock's Tuesday closing price of $34.11. A Jefferies analyst commented, \""We've been cautious for awhile on ADP ( ADP ) / PAYX; now we think it's time to sell the stocks. We downgrade both to Underperform from Hold, as we believe employment markets remain challenged, the interest rate environment will be a lingering headwind, and remaining secular tailwind is quite limited. Against this tough fundamental backdrop, these stocks carry the highest PEG ratio among large-cap, dividend-paying tech names in the S&P500.\"" Paychex shares were mostly flat in premarket trading Wednesday. The Bottom Line Shares of Paychex ( PAYX ) have a 3.75% dividend yield, based on last night's closing stock price of $34.11. The stock has technical support in the $31-$32 price area. If the shares can firm up, we see overhead resistance around the $36-$37 price levels. Paychex, Inc. ( PAYX ) is not recommended at this time, holding a Dividend.com DARS\u2122 Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Market Wrap-Up for Sept.12 (KSS, V, ADP, PAYX, AAPL, ED, DUK, more) Today's early rally couldn't muster much momentum, as the markets' initial euphoria following what was an expected favorable ruling in German overnight had trouble gaining traction with some investors as the indices bobbed from positive to negative for much of the afternoon session. Apple ( AAPL ) was a prime example of the afternoon volatility as sales of the iPhone 5 launched today. Positive Wall Street analyst commentary did help carry some names today, including Kohl's ( KSS ), Phillips 66 ( PSX ), and Visa ( V ). Cautious commentary did the opposite to payroll processing plays Automatic Data Processing ( ADP ) and Paychex ( PAYX ). Utility stocks continued to drip lower. If you remember, we'd warned against the too-much-too-fast run-up in utility share prices months back. We still like several of the stocks we'd downgraded for the long-term, however (think Consolidated Edison ( ED ) , Duke Energy ( DUK ), and Southern Co. ( SO )), but we have avoided having investors commit any new capital to the names at the higher levels we had been seeing. Easiest Path to Take (For Politicians Especially) It was certainly no surprise to see Germany pass measures earlier today to preserve the European Union and join the brigade inspired to print their way out of debt (taking a page out of the U.S. Federal Reserve's playbook). Some doubted German Chancellor Angela Merkel would take that route. But alas she did as most politicians do, in taking the easiest route possible. The markets have been going higher in the short-term, so why take the chance the markets could dive (despite the idea short-term global economic pain is what will inevitably fuel fiscal responsibility and true economic recovery)? Now it's easy for me to stand on a pulpit and take my cynical view, but I can honestly say the older I get, the easier it is to recognize the obvious problems. Too many conflicts of interest remain in the world of politics, and the more active a role governments have in public markets/private industries, the more reckless their behavior can become. You certainly don't need to over-think and debate where the problems derive from - and especially the solutions being put forth. The only thing I can do is pay close attention to these and other events as we try and navigate the global landscape from a market perspective. Higher taxes and bigger consumer costs (from the everyday inflationary costs we are supposedly not seeing from the reported economic data) are becoming the obvious results from the roads currently being taken. How that boils down to building wealth in such an environment is the $64,000 question being evaluated by myself and the team here at Dividend.com each day. Borrowing oneself out of debt goes against most every practical financial concept ever conceived, so we sit and look to understand how this present-day governmental approach will play out. As everything does play out, we will continue to search for the areas where investors' capital may be best served during the ever-changing economic process. An Important Note Regarding the Best Dividend Stocks List We want to make sure everyone understands that the stocks on our Best Dividend Stocks List are the names we currently like for new investor capital, regardless of what date the stock was first recommended on. If and when a stock is removed from the list, we will clearly state whether the stock should be sold (which is rare but occasionally will happen), or simply held in one's account until we see a better entry point or catalyst. And here's one last thing to remember about what we do here at Dividend.com: it's not just the names that we recommend that can help you build wealth, but also the things we try to steer you away from that are just as important. Forget about speculative or penny stocks, chasing unprofitable IPOs, and listening to the manic talking heads in the business media! A Dividend Capture Strategy for Active Investors We now offer complete U.S. dividend data for all Dividend.com Premium members, so anyone that focuses on \""Dividend Capture\"" trading strategies should have plenty of good stuff to research each day. Just check our enhanced Ex-Dividend Calendar , which is the best in the business, to search for upcoming payouts. Speaking of dividend capture, Dividend.com Premium members can also access a 9-page report we published on the essential elements to any successful dividend capture strategy. Be sure to check it out here on the Premium homepage . Thanks for reading everybody. I'll see you tomorrow! Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: Jefferies Downgrades Automatic Data Processing to Underperform"", ""Benzinga's Top Downgrades"", ""Jefferies & Company Downgrades Automatic Data Processing from Hold to Underperform, Maintains PT at $55"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Cash"", ""Gartner Execs Sell Near All-Time-High Price Gartner CEO Sells $2 Million in Shares.""]" ADP,2012-09-13,39.7591,40.4839,39.7591,40.2748, ADP,2012-09-14,40.2878,40.7541,40.2818,40.7394, ADP,2012-09-17,40.6516,40.8272,40.56,40.7107, ADP,2012-09-18,40.6458,40.7917,40.56,40.7541, ADP,2012-09-19,40.8538,40.9298,40.7277,40.7394, ADP,2012-09-20,40.6251,40.8952,40.56,40.8726, ADP,2012-09-21,41.0491,41.2523,40.8637,40.8726, ADP,2012-09-24,40.8469,41.1586,40.7,41.0274,"Paychex Earnings Preview: What We're Watching Paychex ( PAYX ) is set to report Q1 FY '13 earnings later today. It reported total revenues of $2.2 billion for fiscal year 2012, an increase of 7% from the $2.1 billion it had posted for FY 2011. During its last quarter, the company's operating income also increased approximately 7% to $196 million from $183 million the previous year. Because Paychex's revenues are dependent on the number of individuals employed across the US economy, we will be closely watching whether or not a weak job market has impacted the company's performance over the last three months. Click here to see our full analysis of Paychex Key Drivers According to our model, the company's value consists of two divisions; Payroll Services and Human Resource Services. Both of these divisions are dependent on employment growth in the country, and the revenue per client is correlated with the number of employees that they have on their payrolls. One of the biggest drivers in the Payroll Services division, which is the average number of employees per payroll client and constitutes approximately 70% of the company's value. If the slow growth in the US job market has also dented employment growth within Paychex's client base during the quarter, we could see downside to our forecasts and consequently our price estimate. You can assess the impact that slower growth in US employment will have on Paychex's value by using our tool below. Future Growth Paychex is focusing simplifying payroll processing services for small and medium businesses with SaaS-based mobile solutions such as Paychex Online mobile. While the employment picture remains bleak, it must innovate and simplify its platforms if it wants to have any chance at growing its client base. If it is successful on this front, the increase in the number of payroll clients could partially offset any downside impact due to a bleak employment picture. Therefore, we will also be closely monitoring any new product announcements that the company might make along with its earnings announcement. We currently have a $33.30 price estimate for PAYX , which is approximately 4% below the current market price. Click Here to Understand What Drives a Stock at Trefis The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-09-25,40.3312,40.8538,40.3252,40.7,"[""A Peek Into The Market Before The Trading Starts"", ""Benzinga's Top Downgrades"", ""UBS Downgrades Automatic Data Processing from Buy to Neutral, Lowers PT from $64 to $59"", ""UBS Downgrades Automatic Data Processing from Buy to Neutral, Lowers PT from $64 to $59"", ""Benzinga's Top Downgrades"", ""A Peek Into The Market Before The Trading Starts"", ""Paychex Beats by a Penny in 1Q - Analyst Blog Paychex Inc. ( PAYX ) reported first-quarter fiscal 2013 earnings of 42 cents per share, inching past the Zacks Consensus Estimate by a penny. The quarter's result was 2.5% above the year-ago level. The company witnessed modest revenue improvement across its segments. Revenues Paychex reported first-quarter 2013 revenues of $578.2 million, up 2.7% from $563.1 million in the year-ago quarter. The quarter's revenue was below the Zacks Consensus Estimate of $584.0 million. However, improved client base and client retention rate were noticed during the quarter. Payroll Service segment revenue increased 0.9% year over year to $385.9 million. Checks per payroll grew 2.0% from the year-ago quarter. Revenue generated per issued check was impacted by price increases, partially offset by discounting. Human Resource Services segment generated $182.2 million in revenues, up 7.4% from the prior-year quarter. The improvement was mainly attributable to client growth and price increases, partially offset by lower contribution from professional employer organization and unfavorable product mix. Operating Results In the first quarter, Paychex incurred total expenses of $340.2 million, up 2.0% from the year-ago quarter. The rise was mainly due to higher selling, general and administrative expenses. Operating income was $238.0 million, up 3.6% from the year-ago period, attributable to modest revenue growth supported by better cost management. Operating margin was 45.5% versus 46.3% in the year-ago quarter. Net income of $153.1 million in the reported quarter reflected a 2.8% increase from $148.9 million in the prior-year quarter. Net income per diluted share was 42 cents compared with 41 cents in the year-ago quarter. There was no one-time item during the quarter. Balance Sheet Paychex exited the first quarter with cash and cash equivalents of $149.0 million, up from $108.8 million at the end of the prior quarter. Corporate investments increased 16.6% sequentially to $241.9 million. Additionally, interest on funds held for clients decreased 9.0% year over year to $10.1 million as a result of lower average interest rates earned, partly offset by an increase in average investment balances. Paychex has no long-term debt. Guidance Keeping in view the current market and economic conditions, Paychex believes that checks per client will moderate for fiscal 2013, which will be partially offset by modest client growth and improved revenue per check. Also, Human Resources organic revenue growth will follow the historical trend. Financial guidelines were maintained for fiscal 2013. For fiscal 2013, Paychex expects a 3-4% increase in Payroll Service revenues from the year-ago quarter. Human Resource Services revenues are expected to increase in the range of 9.0% to 11.0%. Total service revenue will likely grow in the range of 5% to 6%. The company expects a 6-8% decline in interest on funds held for clients and 25-35% upside in net investment income. Interest on funds held for clients and investment income for fiscal 2012 are expected to be impacted by the low interest rate environment. However, investment of cash generated from operations is expected to persist, thus increasing investment income. Net operating income as a percentage of service revenue is estimated at 37.0% for fiscal 2013. The effective income tax rate is expected to be 36.0%. Net income is expected to grow in the range of 5% to 7%. Our Take Paychex' first quarter results were modest, with the bottom line barely beating the Zacks Consensus Estimate and the top line missing the same. Fiscal 2013 guidance was disappointing reflecting macro uncertainties. We are encouraged by management's commentary regarding continued investments in product development and focus toward building sales force to support revenue growth. But lingering unemployment situation, strict interest rates and stiff competition from Automated Data Processing ( ADP ) and Insperity ( NSP ) keep us concerned. However, Paychex' zero European exposure will be beneficial for the company. Paychex has a Zacks # 3 Rank, implying a short-term Hold rating. AUTOMATIC DATA (ADP): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UBS Downgrades Automatic Data Processing from Buy to Neutral, Lowers PT from $64 to $59"", ""Benzinga's Top Downgrades"", ""A Peek Into The Market Before The Trading Starts""]" ADP,2012-09-26,40.7394,40.8637,40.4071,40.4839, ADP,2012-09-27,40.5393,40.9021,40.4682,40.7277, ADP,2012-09-28,40.694,40.9988,40.4475,40.8864, ADP,2012-10-01,40.8637,41.0826,40.6723,40.7858, ADP,2012-10-02,40.8597,40.9505,40.6881,40.773,"[""Lingering Positivity Ahead of Jobs Reports - Analyst Blog We made a positive start to the last quarter of the year on Monday with the U.S. manufacturing sector moving firmly in the growth column after staying in contractionary territory over the preceding three months. This is particularly significant as the U.S. reading bucked a worldwide trend evident from PMI readings from the Euro-zone, China and many other Asian markets. Hard to tell at this stage whether the signs of renewed life on the factory floor represent a reversal of the preceding three months' downtrend or is just a one-off data point. But the lingering positivity associated with the manufacturing release will have some bearing on today's trading action as well. Unconfirmed reports of Spain finally asking for a bailout should also help. We will get the much bigger service-sector ISM reading tomorrow, but the most important economic release this week is about the labor market that comes out Friday morning. The September non-farm payroll report is expected to show payroll gains of 115K, modestly up from August's 96K tally. A number along the expected lines would not be materially different from what we have become used to in recent months and would be further confirmatory of the lack of labor market momentum. The jobs report from payroll processor Automatic Data Processing ( ADP ) on Wednesday will provide us with a preview of the government release on Friday. But the recent track record of the ADP report has been less than stellar. In fact, the employment component of Monday's ISM report showed strong gains, likely indicating the possibility of a positive surprise. Beyond this week's labor market reading, the key development of any significance to the market's next move is the third quarter earnings season that 'unofficially' gets underway next week with Alcoa's ( AA ) release -- it 'officially' started with results from FedEx ( FDX ). I am not looking for any major surprises with respect to growth rates, beats and revenue gains. Given how low expectations are for the third quarter, we will likely see the actual results come a tad bit better relative to current expectations. What would be most significant about the third quarter earnings season will be management guidance for the following quarter - the fourth quarter of the year. Unlike the third quarter, when earnings are expected to decline from the year-earlier period, the fourth quarter is expected to bring in a sharp earnings ramp-up. These fourth quarter earnings growth expectations (and also next year's) remain vulnerable to downward adjustments. And my sense is that the negative revision process will get into high gear as the third quarter reporting season gets underway next week. ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street - October 2, 2012 - Ahead of Wall Street Tuesday, October 2, 2012 We made a positive start to the last quarter of the year on Monday with the U.S. manufacturing sector moving firmly in the growth column after staying in contractionary territory over the preceding three months. This is particularly significant as the U.S. reading bucked a worldwide trend evident from PMI readings from the Euro-zone, China, and many other Asian markets. Hard to tell at this stage whether the signs of renewed life on the factory floor represent a reversal of the preceding three months' downtrend or just a one-off data point. But lingering positivity associated with the manufacturing release will have some bearing on today's trading action as well. Unconfirmed reports of Spain finally asking for a bailout should also help. We will get the much bigger service-sector ISM reading tomorrow, but the most important economic release this week is about the labor market that comes out Friday morning. The September non-farm payroll report coming out that morning is expected to show payroll gains of 115K, modestly up from August's 96K tally. A number along the expected lines would not be materially different from what we have become used to in recent months and would be further confirmatory of the lack of labor market momentum. The jobs report from payroll processor Automatic Data Processing ( ADP ) on Wednesday will provide us with a preview of the government release on Friday. But the recent track record of the ADP report has been less than stellar. In fact, the employment component of Monday's ISM report showed strong gains, likely indicating the possibility of a positive surprise. Beyond this week's labor market reading, the key development of any significance to the market's next move is the third quarter earnings season that 'unofficially' gets underway next week with Alcoa's ( AA ) release (it 'officially' started with results from FedEx ( FDX )). I am not looking for any major surprises with respect to growth rates, beats, and revenue gains. Given how low expectations are for the third quarter, we will likely see the actual results come a tad bit better relative to current expectations. What would be most significant about the third quarter earnings season will be managements' guidance for the following quarter - the fourth quarter of the year. Unlike the third quarter when earnings are expected to decline from the year-earlier period, the fourth quarter is expected to bring in a sharp earnings ramp up. These fourth quarter earnings growth expectations (and also next year's) remain vulnerable to downward adjustments. And my sense is that the negative revision process will get into high gear as the third quarter reporting season gets underway next week. Sheraz Mian Director of Research ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-10-03,40.9445,41.1182,40.7107,41.0353,"[""Ahead of Wall Street - October 3, 2012 - Ahead of Wall Street Wednesday, October 3, 2012 Spain's reticence to ask for a bailout remains on the back of investors' minds even as we got a reassuring-enough labor market reading from payroll processor Automatic Data Processing ( ADP ) this morning. The ADP report is showing modestly better-than-expected private-sector jobs of 162K in September, while the gains in preceding two months were revised lower. The August tally was lowered by 12K to 189K and the July number was reduced by 17K to 156K. The consensus expectations was for September gains of about 153K. The biggest increase came from smaller firms (firms with fewer than 50 employees), adding 81K jobs, while medium and large businesses added 64K and 17K jobs in September, respectively. Service sector jobs increased by 144K in September, down from 175K in August, while goods producing sectors added 18K. Importantly, the construction sector added jobs for the fourth straight month, adding 10K jobs in September, the strongest monthly run rate since March, when favorable weather helped construction activities. The expectation for Friday's BLS report ahead of this morning's ADP report was for headline gains of around 118K. But given the disconnect between the ADP and BLS readings last month, it is unlikely that we will see any material revisions to those expectations following this release. The key takeaway from this ADP report coupled with what we have been seeing in recent months is that the labor market is modestly improving at a pace somewhere in the 100K to 150K range. But this pace of improvement is just enough to keep the unemployment rate steady at current levels. For a significant drop in the unemployment rate, we need a much faster pace of job gains. Of course the labor force participation rate, currently at a record-low level, is a key variable as well in how fast the unemployment rate could fall. And the participation rate is not just a function of cyclical elements as demographic factors are having a bearing on it as well. In corporate news, Family Dollar ( FDO ) came in-line with earnings and revenue expectations this morning, while Monsanto ( MON ) came modestly short of expectations. Monsanto shares have been strong performers lately as other agriculture-centric names have faltered due to drought concerns. It will be interesting to see if the stock can sustain its momentum following today's miss. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report FAMILY DOLLAR (FDO): Free Stock Analysis Report MONSANTO CO-NEW (MON): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Shows Modest Improvement - Analyst Blog Spain's reticence to ask for a bailout remains on the back of investors' minds even as we got a reassuring-enough labor market reading from payroll processor Automatic Data Processing ( ADP ) this morning. The ADP report is showing modestly better-than-expected private-sector jobs of 162K in September, while the gains in preceding two months were revised lower. The August tally was lowered by 12K to 189K and the July number was reduced by 17K to 156K. The consensus expectations was for September gains of about 153K. The biggest increase came from smaller firms (firms with fewer than 50 employees), adding 81K jobs, while medium and large businesses added 64K and 17K jobs in September, respectively. Service sector jobs increased by 144K in September, down from 175K in August, while goods producing sectors added 18K. Importantly, the construction sector added jobs for the fourth straight month, adding 10K jobs in September, the strongest monthly run rate since March, when favorable weather helped construction activities. The expectation for Friday's BLS report ahead of this morning's ADP report was for headline gains of around 118K. But given the disconnect between the ADP and BLS readings last month, it is unlikely that we will see any material revisions to those expectations following this release. The key takeaway from this ADP report coupled with what we have been seeing in recent months is that the labor market is modestly improving at a pace somewhere in the 100K to 150K range. But this pace of improvement is just enough to keep the unemployment rate steady at current levels. For a significant drop in the unemployment rate, we need a much faster pace of job gains. Of course the labor force participation rate, currently at a record-low level, is a key variable as well in how fast the unemployment rate could fall. And the participation rate is not just a function of cyclical elements as demographic factors are having a bearing on it as well. In corporate news, Family Dollar ( FDO ) came in-line with earnings and revenue expectations this morning, while Monsanto ( MON ) came modestly short of expectations. Monsanto shares have been strong performers lately as other agriculture-centric names have faltered due to drought concerns. It will be interesting to see if the stock can sustain its momentum following today's miss. AUTOMATIC DATA (ADP): Free Stock Analysis Report FAMILY DOLLAR (FDO): Free Stock Analysis Report MONSANTO CO-NEW (MON): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-10-04,41.125,41.1882,40.9228,41.058,"[""Market to Stay Tentative - Analyst Blog Today's trading action will likely be not much different from what we have been seeing in the last few sessions, with investors waiting for Friday's September non-farm payroll report and the start of the third quarter earnings season next week. In the news this morning, we got a positive looking weekly Jobless Claims report on the home front, while there were no surprises in the European Central Bank's decision to leave interest rates unchanged. The key variable on the European front now is for the Spanish government to swallow its pride and ask for a bailout. Everybody in the market knows that it's only a question of 'when' not 'if' the Spaniards will be making the call, but the delay is nevertheless unhelpful, to say the least. The key labor market report that everyone is waiting for is the Friday jobs report from the Bureau of Labor Statistics, with consensus expectation of 118K job gains in September. This morning's Jobless Claims data was also moderately on the positive side, though the survey week for the claims report does not correspond with the survey week for Friday's BLS report. Initial claims increased by 4K last week to 367K. However, given the upward revision to the prior week's tally by 4K, the actual increase was 8K. The 4-week average, which smooths out the week to week volatility in this series, remain unchanged at 375K. Wednesday's labor market reading from payroll processor Automatic Data Processing ( ADP ) seems to show that we should get a positive surprise from the BLS. But given the ADP's less than stellar record lately, we haven't seen in much in terms of upward adjustments to consensus expectations. AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street - October 4, 2012 - Ahead of Wall Street Thursday, October 4, 2012 Today's trading action will likely be not much different from what we have been seeing in the last few sessions, with investors waiting for Friday's September non-farm payroll report and the start of the third quarter earnings season next week. On the news front this morning, we got a positive looking weekly Jobless Claims report on the home front, while there were no surprises in the European Central Bank's decision to leave interest rates unchanged. The key variable on the European front now is for the Spanish government to swallow its pride and ask for a bailout. Everybody in the market knows that it's only a question of 'when' not 'if' the Spaniards will be making the call, but the delay is nevertheless unhelpful, to say the least. The key labor market report that everyone is waiting for is the Friday jobs report from the Bureau of Labor Statistics, with consensus expectation of 118K job gains in September. This morning's Jobless Claims data was also moderately on the positive side, though the survey week for the claims report does not correspond with the survey week for Friday's BLS report. Initial claims increased by 4K last week o 367K. However, given the upward revision to the prior week's tally by 4K, the actual increase was 8K. The 4-week average, which smoothes out the week to week volatility in this series, remain unchanged at 375K. Wednesday's labor market reading from payroll processor Automatic Data Processing ( ADP ) seems to show that we should get a positive surprise from the BLS. But given the ADP's less than stellar record lately, we haven't seen in much in terms of upward adjustments to consensus expectations. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-10-05,41.5501,41.7937,41.3824,41.4948,"[""Goldman Sachs Upgrades Automatic Data Processing from Neutral to Buy, Raises PT from $53 to $68"", ""UPDATE: Goldman Sachs Upgrades Automatic Data Processing to Buy on Cyclical Positioning"", ""Goldman Sachs Upgrades Automatic Data Processing from Neutral to Buy"", ""Goldman Sachs Upgrades Automatic Data Processing from Neutral to Buy"", ""UPDATE: Goldman Sachs Upgrades Automatic Data Processing to Buy on Cyclical Positioning"", ""Goldman Sachs Upgrades Automatic Data Processing from Neutral to Buy, Raises PT from $53 to $68"", ""Stock Market News for October 5, 2012 - Market News A lower-than-expected increase in initial claims coupled with encouraging same store sale numbers from bellwether retailers helped markets close in the green. Moreover, ECB President Mario Draghi said once conditions are met, the European Central Bank would buy government bonds. Yesterday's gains led the S&P 500 to clinch its fourth win in a row and the upcoming nonfarm payroll data from the government will be crucial in deciding if the index can achieve a five-year high. The Dow Jones Industrial Average (DJI) gained 0.6% and ended at 13,575.36. The Standard & Poor 500 (S&P 500) was up 0.7% and finished yesterday's trading session at 1,461.40. The tech-laden Nasdaq Composite Index added 0.5% to climb to 3,149.46. The fear-gauge CBOE Volatility Index (VIX) slumped 5.7% to settle at 14.55. Consolidated volumes on the New York Stock Exchange, Nasdaq and American Stock Exchange were roughly 6.1 billion shares, just short of the daily average volume of 6.38 billion shares. The advancers easily outnumbered declining stocks on the NYSE; as for 71% stocks that gained, 26% ended lower. Markets added gains yesterday largely banking on the smaller-than-expected jump in initial claims last week. According to the U.S. Department of Labor, seasonally adjusted initial claims for the week ending September 29 rose 4,000 from the prior week to 367,000. This was lower than consensus estimates of 368, 000. Apart from the slight rise in first time unemployment benefit claims, the 4-week moving average remained unchanged from the previous week at 375,000. The initial claims report came just a day after Automatic Data Processing's (NASDAQ: ADP ) National Employment Report. ADP data revealed that U.S. companies added 162,000 jobs in September, higher than the expected 143,000. While two back-to-back and bullish employment reports brought relief to investors, they now await the government's nonfarm payroll data that is scheduled for release on Friday. Nonfarm payroll numbers will not only reveal current labor conditions, but a positive report will most likely push S&P 500 to its highest level in five years. So far this week, the S&P 500 has outperformed fellow benchmarks with a 1.4% gain as compared to Dow's and Nasdaq's gains of 1% and 1.1%, respectively. Moreover, none of the 10 industry groups of the S&P ended in the red yesterday and financials were one of the largest gainers. The Financial Select Sector SPDR (XLF) added 1.5% and stocks such as American Express Company (NYSE: AXP ), Bank of America Corporation (NYSE: BAC ), Citigroup, Inc. (NYSE: C ), JPMorgan Chase & Co. (NYSE: JPM ), The Goldman Sachs Group, Inc. (NYSE: GS ) and Morgan Stanley (NYSE: MS ) jumped 1.7%, 3.3%, 2.6%, 2.4%, 1.7% and 2.6%, respectively. Talking about the sectors and individual stocks, the retail sector was also a big gainer yesterday. Bellwether retailers such as Costco Wholesale Corporation (NASDAQ: COST ), Gap Inc. (NYSE: GPS ) and The TJX Companies, Inc. (NYSE: TJX ) gained 1.9%, 1.0%, and 0.6%, respectively, following encouraging same store sales numbers. The gains in these retail heavyweights and the eventual 1.6% jump in SPDR S&P Retail (XRT) were also a major contributor to the broader markets' gains yesterday. Positive news was not restricted to the domestic front. European Central Bank (ECB) President Mario Draghi said yesterday that the central bank was prepared to buy government bonds once lending countries meet conditions. It about a month ago that Mario Draghi had first announced the bond repurchase plan to aid troubled Euro-zone economies. About the bond plan, termed Outright Monetary Transactions (OMT), Draghi said: \""I could say that today, we are ready with our OMT\u2026We have a fully effective backstop mechanism in place once all the prerequisites are in place as well\"". AUTOMATIC DATA (ADP): Free Stock Analysis Report AMER EXPRESS CO (AXP): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report GAP INC (GPS): Free Stock Analysis Report GOLDMAN SACHS (GS): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report TJX COS INC NEW (TJX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Goldman Sachs Upgrades Automatic Data Processing to \u201cBuy\u201d; Earnings Power Growing (ADP) Business outsourcer Automatic Data Processing ( ADP ) on Friday caught a big upgrade from analysts at Goldman Sachs. The firm boosted its rating on ADP from \""Neutral\"" to \""Buy\"" and lifted its price target from $53 to $68. That new target suggests a 15% upside to the stock's Thursday closing price of $58.90. Goldman cited several reasons for the upgrade, including: Stronger cycle-to-cycle earnings power, Superior capital allocation, Solid defensive characteristics, Good capital allocation (buybacks and dividends), and Strong revenue retention. Automatic Data Processing shares were mostly flat in premarket trading Friday. The Bottom Line Shares of Automatic Data Processing ( ADP ) have a 2.68% dividend yield, based on last night's closing stock price of $58.90. The stock has technical support in the $54-$56 price area. The stock is approaching the all-time high price range of $63-$65 a share. Automatic Data Processing ( ADP ) is not recommended at this time, holding a Dividend.com DARS\u2122 Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street for October 6, 2012 - Ahead of Wall Street Friday, October 5, 2012 The September jobs report is the big news of the day, both for the markets as well as political partisans. From the market's perspective, the report is not materially different from what we have been seeing in recent months, though it does carry a few positive internals. The key positives are in the drop in the unemployment rate and the positive revisions to the preceding two months. But with elections around the corner, the report will have a bearing on the political debate as well. And on that front, the report has something for everyone - different parts of the reports can spun in different ways. That said, the bottom line is that it's a net-positive report. The Bureau of Labor Statistics (BLS) reported September non-farm payroll gains of 114K, broadly in-line with expectations, but August's 142K tally (August was revised higher from 96K). The revisions trend was clearly positive - with August and July both revised higher, but with the revisions appear to be mostly in government jobs, which turned from negative to positive. The unemployment rate ticked down to 7.8% from 8.1% last month, driven primarily by very strong gains in the Household survey. The Household survey showed 873K jobs added in September, after several months of tepid gains, and helped bring down the unemployment rate below the 8% level for the first time since early 2009. Wednesday's ADP ( ADP ) report of strong private sector job gains appears to have been off the mark this month again, as was the case in August. A total of 104K private sector jobs were created in September, compared to 97K in August, with the government sector adding 10K. The ADP report showed private-sector job gains of 162K in September. Manufacturing lost 16K jobs in September, compared to 22K jobs lost in August, while service sector jobs totaled 114K, compared to job gains of 119K in August and 143K in July. The manufacturing decline is particularly worrying as the factory sector was consistently adding jobs in this recovery, but seems to have lost steam lately even though the latest ISM survey showed a rebound. The average workweek ticked up to 34.5 hours from 34.4 hours last in August, while average hourly earnings increased $23.58 from $23.51 last month. Today's jobs report is modestly on the positive side, though payroll gains have by all means been underwhelming in recent months. Leading indicators of labor market growth like weekly jobless claims, the ISM surveys, and the ADP data are not showing any signs of improvement from that monthly pace either. The fact is that we will not see acceleration in the pace of job creation till the U.S. economy's growth pace accelerates. The economy expanded at the rate of 1.6% in the first half of the year and is not expected to grow materially faster in the second half of the year. It may seem like the chicken-and-egg problem - you need jobs to accelerate GDP growth and a growing economy to create more jobs. But it actually is not, as there is no doubt about what needs to come first - GDP growth needs to accelerate. But what will be the catalyst(s) for that growth in our Rogoff & Reinhart world? The signs of life on the housing front are definitely encouraging and the Fed's focus on that sector through its QE3 program may hold some promise. Can housing push the economy out of the stall-speed it has been stuck in for a while now? Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nonfarm Payrolls Decent, Revisions Impress - Analyst Blog The September jobs report is the big news of the day, both for the markets as well as political partisans. From the market's perspective, the report is not materially different from what we have been seeing in recent months, though it does carry a few positive internals. The key positives are in the drop in the unemployment rate and the positive revisions to the preceding two months. But with elections around the corner, the report will have a bearing on the political debate as well. And on that front, the report has something for everyone - different parts of the reports can spun in different ways. That said, the bottom line is that it's a net-positive report. The Bureau of Labor Statistics (BLS) reported September non-farm payroll gains of 114K, broadly in-line with expectations, but August's 142K tally (August was revised higher from 96K). The revisions trend was clearly positive - with August and July both revised higher, but with the revisions appear to be mostly in government jobs, which turned from negative to positive. The unemployment rate ticked down to 7.8% from 8.1% last month, driven primarily by very strong gains in the Household survey. The Household survey showed 873K jobs added in September, after several months of tepid gains, and helped bring down the unemployment rate below the 8% level for the first time since early 2009. Wednesday's ADP ( ADP ) report of strong private sector job gains appears to have been off the mark this month again, as was the case in August. A total of 104K private sector jobs were created in September, compared to 97K in August, with the government sector adding 10K. The ADP report showed private-sector job gains of 162K in September. Manufacturing lost 16K jobs in September, compared to 22K jobs lost in August, while service sector jobs totaled 114K, compared to job gains of 119K in August and 143K in July. The manufacturing decline is particularly worrying as the factory sector was consistently adding jobs in this recovery, but seems to have lost steam lately even though the latest ISM survey showed a rebound. The average workweek ticked up to 34.5 hours from 34.4 hours last in August, while average hourly earnings increased $23.58 from $23.51 last month. Today's jobs report is modestly on the positive side, though payroll gains have by all means been underwhelming in recent months. Leading indicators of labor market growth like weekly jobless claims, the ISM surveys, and the ADP data are not showing any signs of improvement from that monthly pace either. The fact is that we will not see acceleration in the pace of job creation till the U.S. economy's growth pace accelerates. The economy expanded at the rate of 1.6% in the first half of the year and is not expected to grow materially faster in the second half of the year. It may seem like the chicken-and-egg problem - you need jobs to accelerate GDP growth and a growing economy to create more jobs. But it actually is not, as there is no doubt about what needs to come first - GDP growth needs to accelerate. But what will be the catalyst(s) for that growth in our Rogoff & Reinhart world? The signs of life on the housing front are definitely encouraging and the Fed's focus on that sector through its QE3 program may hold some promise. Can housing push the economy out of the stall-speed it has been stuck in for a while now? AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Market Wrap-Up for Oct.5 (AAPL, HD, ADP, MA, PAYX, more) The market liked the better-than-expected jobs number early on this morning (the unemployment rate fell to 7.8% compared with the 8.2% analysts expected estimates), as stocks jumped up quickly. The euphoria did fade some as the indices closed mixed on the day. Overall, it was gains across the board for the markets as the first week of the 4th quarter came to a close. I am hearing lots of chatter questioning the legitimacy of the jobs numbers report, but whether or not you believe the numbers, you still have to do your investment analysis and decide where things are headed - and how to commit your capital accordingly. Looking at today's big stock movers, payroll processors like Automatic Data Processing ( ADP ) and Paychex ( PAYX ) ended up on positive analyst commentary. Elsewhere, it's clear that investors are continuing to chase performance, flocking to where the momentum is. Home Depot ( HD ) and MasterCard ( MA ) are just two examples of recent winners that continue to gain. Both stocks lack much protection from a dividend yield standpoint, HD at 1.88%, while MA offers a paltry 0.25% yield. If profit-taking were to take over at some point, the momentum traders would likely head to the exists on these names in droves. Investors should proceed with extreme caution if they are anxious to play the momentum game. Finally, it was a tough day for Apple ( AAPL ) shares on what marked one year from Steve Job's passing. The stock's recent weakness does have some market watchers a bit nervous about how some of the other tech bellwether could fare in the near term. Play to Win - All the Way Through As Major League Baseball gets set to start its annual playoffs later today, plenty of teams are sitting home watching, despite opening up their checkbooks to buy some of the best players possible (the Angels and Dodgers come to mind). Looking at the Los Angeles Angels' case specifically, the team went out this past winter and gave $315 million worth of contracts to two players (Albert Pujols and C.J. Wilson), but then proceeded to make a defensive move when it came to another contract situation. There are certain rules about games played for rookies, and how that affects the date they can become arbitration-eligible (which coincides with the player's ability to make his first big payday). The Angels decided they were going to hold back their stud prospect Mike Trout for the first 20 games of the season and try and take advantage of the arbitration eligibility rules. In effect, this move bought them an extra year of control over Mike Trout, delaying his eventual big payday. Unfortunately for the Angels, the team went 6-14 in those first 20 games, only to see their fortunes turn around the moment Mike Trout was called up. Trout ended up with amazing stats, and is an absolute lock for the Rookie of the Year award (he even has an outside chance to win MVP, the most coveted individual award for a position player in baseball). The Angels, however, finished two games out of the wild card race, and were just a few more wins away from finishing in first place in their division. Had the Angels not tried to get cute with regards to Mike Trout and how his contract rights would look years from now, it is quite possible they would've made the playoffs this season. Instead, they'll watch on television as other teams that spent way less money than them compete for the World Series trophy. It's funny how a story like this is similar to how many individuals approach their own strategy to building financial freedom. Despite the extreme importance of keeping one's finances in order, people still sometimes sell themselves short. After putting tons of time and money in one's career, investments, etc., it's integral to not pinch pennies in the wrong places! Equally as important is to not overextend yourself financially, which could force you to make cuts in areas that deserve more of your hard-earned capital. Everybody Wants it All You'd be shocked at how many people are unable to pinpoint obvious blemishes in their financial game plan. Young couples, for instance, often times grossly overspend when it comes to living arrangements. Renting a two-bedroom apartment for $1,700 a month and spending the rest of your earnings on entertainment goodies (electronics, restaurants, etc.) is a fast-track to a mountain of debt. Yet these same young folks will get frustrated by how much their job is paying, how much they hate their boss, etc. Then they go on Facebook and see what their friends are spending money on, or planning to do, inspiring them to ramp up even more spending. All the while, they're digging their money hole deeper as the bills continue to add up. It's a classic case of putting the cart before the horse, or as my old boss used to say, \""He's the type of guy who puts on a fancy shirt first and then he shaves.\"" The Decision is Yours You can make moves like the Angels did, and decide you want to make the commitment to win (or in your case, build financial wealth), but you should avoid trying to cut corners and pinch in areas that you should be spending smart. Whether you choose a service like Dividend.com Premium , or any other investment service, don't ever make price be the reason you are hesitating to take that next step. If you can't respect yourself enough to use the best tools and information necessary to build that nest egg, then don't be envious of those who are willing to make those crucial sacrifices (both financially and by putting the time in to learn). Eventually those who make these smart decisions will succeed and have little to no debt, all the while surrounding themselves with those share their same ambitions. Looking ahead to the next week for stocks, fourth quarter earnings will start to shuffle in, with results from the likes of Yum! Brands ( YUM ), Alcoa ( AA ), and Wells Fargo ( WFC ), just to name a few. The focus will also continue to be on the economic data, the Presidential election, and as usual, the latest Wall Street analyst calls. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Goldman Sachs Upgrades Automatic Data Processing from Neutral to Buy"", ""UPDATE: Goldman Sachs Upgrades Automatic Data Processing to Buy on Cyclical Positioning"", ""Goldman Sachs Upgrades Automatic Data Processing from Neutral to Buy, Raises PT from $53 to $68""]" ADP,2012-10-08,41.3479,41.3538,41.0984,41.2789,"Stock Market News for October 8, 2012 - Market News Markets failed to sustain Friday's initial gains, spurred by a fall in the unemployment rate, and ended mixed. The unemployment rate was at its lowest since 2009 and that helped benchmarks secure gains in the morning session. However, the benchmarks came off their highs with some apprehensions ahead of the start of earnings season. For the week though, benchmarks had a winning run and ended with gains after closing in the red for two weeks. Moreover, the Dow notched up its highest level since December 2007. The Dow Jones Industrial Average (DJI) ended 0.3% higher at 13,610.15. The Standard & Poor 500 (S&P 500) slipped a mere 0.03% or 0.47 points to close Friday's trading session at 1,460.93. The tech-laden Nasdaq Composite Index was down 0.4% and closed at 3,136.19. The fear-gauge CBOE Volatility Index (VIX) slipped 1.5% to settle at 14.33. Total volumes on the New York Stock Exchange were 3.18 billion shares. The advance and decline ratio on the NYSE was even; as for 49% stocks that gained, an equal percentage of stocks ended in the red. The big news for the day was the government's non-farm payroll numbers. The non-farm payroll gains were in line with expectations, but the encouraging side to the report came from the positive revisions to the preceding two months data and unemployment rate dropped to its lowest since 2009. The U.S. Bureau of Labor Statistics reported that total non-farm payroll employment was up by 114,000, in line with consensus estimates. Apart from healthcare, transportation and warehousing, the other sectors showed little change. As for the positive side, the change in total nonfarm payroll employment was revised higher both for July and August. While July's figures were revised up from 141,000 to 181,000; August's figures went up to 142,000 from 96,000. However, the biggest positive for the market was the fact that unemployment rate dropped by 0.3% to 7.8% last month. Not only was this well below consensus estimates of 8.2%, but the unemployment rate dropped below 8% for the first time in almost four years. In September, the number of unemployed persons fell by 456,000. Further, the report noted: ""The number of job losers and persons who completed temporary jobs decreased by 468,000 to 6.5 million…The number of persons unemployed for less than 5 weeks declined by 302,000 over the month to 2.5 million"". The report did have a lot for the financial markets, but also had implications for the political arena. While President Barack Obama said: ""This country has come too far to turn back now,""; Republican candidate Mitt Romney said: ""This is not what a real recovery looks like"". The non-farm payroll data comes hot on the heels of the Automatic Data Processing's (NASDAQ: ADP ) National Employment Report and initial claims data. On Wednesday, ADP data revealed that U.S. companies added 162,000 jobs in September, higher than the expected 143,000. On Thursday, the U.S. Department of Labor reported that seasonally adjusted initial claims for the week ending September 29 rose 4,000 from the prior week to 367,000, just shy of the consensus estimates of 368, 000. As mentioned earlier, benchmarks failed to sustain the gains. The Dow was up almost 86 points before dropping lower. The third quarter earnings season is about to kick off and Alcoa, Inc. (NYSE: AA ) will be reporting its results on Tuesday. Certain market experts said that the earnings season might not be encouraging enough for the markets. Through the week, financial bellwethers including Wells Fargo & Company (NYSE: WFC ) and JPMorgan Chase & Co. (NYSE: JPM ) will be reporting their results. Coming to the sectors, the technology sector had a bad run. The Technology Select Sector SPDR (XLK) fell 0.5%. Tech bellwether Apple Inc. (NASDAQ: AAPL ) slumped 2.1% and other stocks such as NetApp Inc. (NASDAQ: NTAP ), Oracle Corporation (NASDAQ: ORCL ), Microsoft Corporation (NASDAQ: MSFT ), Red Hat, Inc. (NYSE: RHT ) and Hewlett-Packard Company (NYSE: HPQ ) dropped 1.5%, 1.6%, 0.6%, 1.1% and 1.4%, respectively. ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report (JPM.AAPL): ETF Research Reports MICROSOFT CORP (MSFT): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report RED HAT INC (RHT): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-10-09,41.1882,41.343,40.706,40.7631, ADP,2012-10-10,40.8637,40.8637,40.5333,40.5658, ADP,2012-10-11,40.8538,40.9021,40.6063,40.6813, ADP,2012-10-12,40.7995,40.9652,40.6251,40.6516, ADP,2012-10-15,40.77,41.1122,40.5727,41.0629, ADP,2012-10-16,41.125,41.4317,41.0629,41.2838, ADP,2012-10-17,40.9228,41.3973,40.9228,41.3538, ADP,2012-10-18,41.3736,41.3824,41.0955,41.203, ADP,2012-10-19,41.2592,41.3597,40.6398,40.7187, ADP,2012-10-22,40.5658,40.9091,40.3252,40.5658, ADP,2012-10-23,40.2661,40.3784,39.9514,40.2127, ADP,2012-10-24,40.5658,40.6398,40.1408,40.3312, ADP,2012-10-25,40.6458,40.6803,40.3666,40.5875, ADP,2012-10-26,40.5333,40.6881,40.2878,40.56,"[""Goldman Sachs Reiterates Buy Rating, $68 PT on Automatic Data Processing"", ""Goldman Sachs Reiterates Buy Rating, $68 PT on Automatic Data Processing"", ""Goldman Sachs Reiterates Buy Rating, $68 PT on Automatic Data Processing""]" ADP,2012-10-31,40.6645,40.8321,40.2207,40.2818,"Pre-Market Earnings Report for November 1, 2012 : XOM, PFE, EPD, ABX, BCE, APA, EXC, TEVA, ADP, SE, K, MPC T he following companies are expected to report earnings prior to market open on 11/01/2012. Visit our Earnings Calendar for a full list of expected earnings releases. Exxon Mobil Corporation ( XOM ) is reporting for the quarter ending September 30, 2012. The oil company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.96. This value represents a -7.98% decrease compared to the same quarter last year. The last two quarters XOM had negative earnings surprises; the latest report they missed by -7.69%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for XOM is 11.74 vs. an industry ratio of -0.60, implying that they will have a higher earnings growth than their competitors in the same industry. Pfizer, Inc. ( PFE ) is reporting for the quarter ending September 30, 2012. The large cap pharmaceutical company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.52. This value represents a -16.13% decrease compared to the same quarter last year. In the past year PFE has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 12.73%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for PFE is 11.56 vs. an industry ratio of 14.20. Enterprise Products Partners L.P. ( EPD ) is reporting for the quarter ending September 30, 2012. The oil/gas company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.60. This value represents a 9.09% increase compared to the same quarter last year. In the past year EPD has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 8.47%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for EPD is 21.03 vs. an industry ratio of 25.40. Barrick Gold Corporation ( ABX ) is reporting for the quarter ending September 30, 2012. The gold mining company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.97. This value represents a -29.71% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for ABX is 9.63 vs. an industry ratio of 0.00, implying that they will have a higher earnings growth than their competitors in the same industry. BCE, Inc. ( BCE ) is reporting for the quarter ending September 30, 2012. The diversified company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.78. This value represents a -14.29% decrease compared to the same quarter last year. BCE missed the consensus earnings per share in the 4th calendar quarter by -3.08%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for BCE is 13.31 vs. an industry ratio of 9.50, implying that they will have a higher earnings growth than their competitors in the same industry. Apache Corporation ( APA ) is reporting for the quarter ending September 30, 2012. The oil (us exp & production) company's consensus earnings per share forecast from the 22 analysts that follow the stock is $2.27. This value represents a -23.05% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for APA is 8.29 vs. an industry ratio of 42.80. Exelon Corporation ( EXC ) is reporting for the quarter ending September 30, 2012. The electric power utilities company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.72. This value represents a -35.71% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for EXC is 12.91 vs. an industry ratio of 13.50. Teva Pharmaceutical Industries Limited ( TEVA ) is reporting for the quarter ending September 30, 2012. The medical company's consensus earnings per share forecast from the 19 analysts that follow the stock is $1.25. This value represents a no change for the same quarter last year. TEVA missed the consensus earnings per share in the 2nd calendar quarter by -0.78%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for TEVA is 7.54 vs. an industry ratio of 13.90. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending September 30, 2012. The outsourcing company's consensus earnings per share forecast from the 20 analysts that follow the stock is $0.62. This value represents a 1.64% increase compared to the same quarter last year. In the past year ADP has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ADP is 19.86 vs. an industry ratio of -47.60, implying that they will have a higher earnings growth than their competitors in the same industry. Spectra Energy Corp ( SE ) is reporting for the quarter ending September 30, 2012. The oil (production/pipeline) company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.31. This value represents a -18.42% decrease compared to the same quarter last year. The last two quarters SE had negative earnings surprises; the latest report they missed by -8.33%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for SE is 18.37 vs. an industry ratio of 21.70. Kellogg Company ( K ) is reporting for the quarter ending September 30, 2012. The food company's consensus earnings per share forecast from the 17 analysts that follow the stock is $0.81. This value represents a 1.25% increase compared to the same quarter last year. K missed the consensus earnings per share in the 3rd calendar quarter by -10.11%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for K is 16.03 vs. an industry ratio of 44.20. Marathon Petroleum Corporation ( MPC ) is reporting for the quarter ending September 30, 2012. The oil refining company's consensus earnings per share forecast from the 10 analysts that follow the stock is $3.29. This value represents a 4.11% increase compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for MPC is 6.12 vs. an industry ratio of 18.30. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-11-01,40.9298,41.4407,40.2878,41.3736,"[""Automatic Data Processing Reports Q1 EPS $0.62 vs $0.62 Est; Revenues $2.64B vs $2.63B Est"", ""ADP Announces Jan Siegmund as New CFO"", ""ADP Announces Jan Siegmund as New CFO"", ""Automatic Data Processing Reports Q1 EPS $0.62 vs $0.62 Est; Revenues $2.64B vs $2.63B Est"", ""ADP Reports Higher Profits; Beats Analysts Estimates (ADP) Outsourcing provider Automatic Data Processing ( ADP ) reported an increase in earnings for their first quarter, beating analysts expectations Thursday. The Roseland, NJ based company reported fiscal first quarter net income of $305.3 million or 63 cents a share, up from last years earnings of $302.7 million, or 61 cents a share. Analysts had expected 62 cents a share. The company reported revenues of $2.63 billion, up 4% from last years revenue of $2.51 billion. Reported revenue was in line with analysts estimate of $2.63 billion. Looking ahead, ADP is expecting to see full-year growth of 5-7% for both EPS and revenue. Automatic Data Processing shares were up $1.05, or 1.82% on Thursday morning. Automatic Data Processing( ADP ) is not recommended at this time, holding a Dividend.com DARS\u2122 Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Economic Data Deluge Today - Analyst Blog We have a flood of economic and earnings reports this morning, but the focus will be on the labor market today ahead of the October non-farm payroll report coming out tomorrow. This morning's weekly Jobless Claims data is broadly in-line with expectations, while the private-sector jobs reading from payroll processor Automatic Data Processing ( ADP ) appears quite reassuring. But it may be advisable to be somewhat cautious in reading too much into this ADP report given changes this month to how the jobs number is put together. The payroll processor partnered with Moody's Analytics this time around instead of its usual partner Macroeconomic Advisors to calculate this number. Given the ADP report's erratic performance lately in foretelling the government jobs number, the change of partner may actually be a good thing. But the change nevertheless raises questions about how comparable this month's data is what came out in the past. Jobs data aside, we also have the October manufacturing ISM survey coming out a little later, which is expected to show a modest decline from the preceding month's level, but still remain in expansionary territory. Rounding out the day's data deluge, we will see Construction Spending and Consumer Confidence data a little later. Overnight, we got China's PMI data that shows improving momentum in that country's factory sector. The ADP report is showing modestly better-than-expected private-sector jobs of 158K in October, compared to gains of 114K in September and 88K in August. The biggest increase came from large businesses (firms with more than 500 employees), adding 81K jobs, while small businesses (under 50 employees) added 50K. Service sector jobs increased by 144K in October, while goods producing sectors added 14K. Importantly, the construction sector added jobs for the fifth straight month, adding 23K jobs in October, more than offsetting the 8K decline in manufacturing. The expectation for Friday's BLS report ahead of this morning's ADP report was for headline gains of around 125K. But given the disconnect between the ADP and BLS readings in recent months and the methodology changes this month, it is unlikely that we will see any material revisions to those expectations following this release. The key takeaway from this ADP report coupled with what we have been seeing in recent months is that the labor market is modestly improving at a pace somewhere in the 100K to 150K range. But this pace of improvement is just enough to keep the unemployment rate steady at current levels. For a significant drop in the unemployment rate, we need a much faster pace of job gains. On the earnings front, Exxon ( XOM ) came ahead of expectations this morning, while Pfizer ( PFE ) matched earnings expectations but missed on the revenue line. As of this morning, we have third quarter results from 335 companies in the S&P 500 or 67% of the index's total membership. Total earnings for these 335 companies are down 1.7% from same period last year, with 61.8% of the companies beating earnings expectations. Total revenues for these companies are down 2.5% and only 36.1% of the companies could come ahead of revenue expectations. Weak guidance for the fourth quarter and beyond has started bringing down earnings expectations going forward. The expected earnings growth rate in the fourth quarter, which was in excess of 7% just a few weeks back, has now come down to less than 3%. We are starting to downward revisions to next year's estimate as well, but they still have plenty of room to fall. More than anything else, it is this downward adjustment to earnings expectations that has been weighing on the market in recent days. AUTOMATIC DATA (ADP): Free Stock Analysis Report PFIZER INC (PFE): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for November 1, 2012 - Market News It was business as usual for markets on Wednesday following two days of closure due to Hurricane Sandy and it ended almost flat yesterday. This was for the first time that markets were closed for two consecutive days due to weather problems since 1888. Meanwhile, all three major indices fell sharply for the month, with the Dow tumbling nearly 2.5%. Homebuilder stocks were the major gainer among the S&P 500 industry group. The Dow Jones Industrial Average (DJI) slipped 0.1% to close the day at 13,096.46. The Standard & Poor 500 (S&P 500) edged up 0.02% to finish yesterday's trading session at 1,412.16. The tech-laden Nasdaq Composite Index dropped 0.4% to end at 2,977.23. The fear-gauge CBOE Volatility Index (VIX) gained 4.4% to settle at 18.60. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 6.3 billion shares, lower than the daily average of 6.51 billion shares. Advancers outpaced the decliners on the NYSE; as for 56% stocks that gained, 41% stocks closed in the red. For the month, the Dow tumbled 2.5%, the S&P 500 dropped 2.0% and the Nasdaq dropped 4.5% following lower-than-expected earnings from blue-chips companies and gloomy global economic conditions. Benchmarks reopened trading after a two-day closure caused by Hurricane Sandy. Larry Leibowitz, chief operating officer of NYSE Euronext (NYSE: NYX ), said \""The open was a positive relief after four days of sitting on edge,\"" and added \""No matter how much planning you do, you can't foresee that kind of flooding\"". Looking at the economic impact of Sandy, various forecasts predict the storm will cause damages of up to $50 billion. Earlier, Eqecat, a disaster modeling company, had projected that the U.S. economy may incur losses between $10 billion and $20 billion. Separately, Kinetic Analysis Corp is projecting losses will reach $25 billion; while its research and development director said insured losses could amount to between $7 billion to $8 billion. Forecasting firm IHS Global Insight estimates that property damages may touch $20 billion and another $10 billion to $30 billion will be incurred as lost business. The storm has already left about 8 million houses without power and thousand of flights have been cancelled. Also, about 70% of East Coast oil refineries were forced to remain closed. Moreover, New York has been severely affected and this region substantially contributes to the nation's economic output. A batch of companies reported their earnings yesterday. General Motors Company's (NYSE: GM ) shares surged 9.6% following better-than-expected quarterly results. According to General Motors, the company targeted a rebound from loss to a breakeven level in its European operations. On Tuesday, Ford Motor Company (NYSE: F ) had posted its quarterly results; wherein it reported a 17.6% year-on-year surge in its third quarter earnings. The company's shares surged 8.2% yesterday. In economic news, Automatic Data Processing's (NASDAQ: ADP ) National Employment report stated that the U.S. private sector employment increased by 88,200 in the month of September from 76,400 in the month of August. The September report was based on their new methodology. According to the report, large businesses added 35,800 employees, whereas medium and small business added 28,000 and 24,300 employees, respectively, in the month of September. Service sector jobs increased by 97,500, while goods producing jobs decreased by 9,300.Construction companies added 9,100 jobs and employment in professional and business services increased by 17,400. Meanwhile, the Chicago Purchasing Managers index edged up 0.2 points to 49.9 in the month of October from 49.7 in the month of September. This was below consensus estimates of 51.4. According to the report, five of the seven business activities reflected weakness. Expansion in employment touched its lowest level in 33 months. The technology sector was the major loser among the S&P 500 group of companies with Apple Inc. (NASDAQ: AAPL ) losing 1.4%. Apple's shares tumbled over 15% from an all-time high reached in mid-September. Stocks such as Hewlett-Packard Company (NYSE: HPQ ), Intel Corporation (NASDAQ: INTC ), SanDisk Corporation (NASDAQ: SNDK ), NVIDIA Corporation (NASDAQ: NVDA ) and Texas Instruments Incorporated (NASDAQ: TXN ) lost 1.7%, 1.5%, 1.1%, 0.6% and 2.2%, respectively. The SPDR S&P Homebuilders (XHB) surged 1.9% and was the major gainer among the S&P 500 group of companies. Stocks such as The Home Depot, Inc. (NYSE: HD ), Lowe's Companies, Inc. (NYSE: LOW ), PulteGroup, Inc. (NYSE: PHM ), M.D.C. Holdings, Inc. (NYSE: MDC ) and D.R. Horton, Inc. (NYSE: DHI ) gained 2.2%, 3.3%, 0.4%, 1.1% and 1.0%, respectively. APPLE INC (AAPL): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report D R HORTON INC (DHI): Free Stock Analysis Report FORD MOTOR CO (F): Free Stock Analysis Report GENERAL MOTORS (GM): Free Stock Analysis Report HOME DEPOT (HD): Free Stock Analysis Report HEWLETT PACKARD (HPQ): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report LOWES COS (LOW): Free Stock Analysis Report MDC HLDGS (MDC): Free Stock Analysis Report NVIDIA CORP (NVDA): Free Stock Analysis Report PULTE GROUP ONC (PHM): Free Stock Analysis Report SANDISK CORP (SNDK): Free Stock Analysis Report TEXAS INSTRS (TXN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Market Wrap-Up for Nov.1 (ADP, V, ALL, K, EL, more) The markets started celebrating the slow move back to normalcy as the clean-up from Hurricane Sandy takes shape. Economic data out this morning was also favorable, adding to investor confidence. Plenty of earnings were out today, with names like Visa ( V ), Cigna ( CI ), Automatic Data Processing ( ADP ), and Kellogg ( K ) shares jumping up. Visa and Cigna are riding the consumer spending wave and higher healthcare premiums, respectively. Moving lower following earnings results included the likes of Barrick Gold ( ABX ), GNC Holdings ( GNC ), Exelon ( EXC ), and Allstate ( ALL ). Estee Lauder ( EL ) was out with earnings results and the company boosted its dividend nicely as well, but still with a subpar yield of slightly over 1%. Shares ticked lower by the close. As always, you can check out our coverage of all the earnings reports and other important daily news affecting dividend stocks over at The Dividend Daily . We Interrupt Your Life for This Unplanned Event As we continue the long cleanup here on the east coast from the Hurricane Sandy destruction, plenty of lives that will feel the effects of this storm not just short-term, but eventually long-term in many cases as well. This idea goes beyond the idea of putting one's home back to its original shape - I'm referring to the effects a natural disaster can have on one's career. Take the area where Dividend.com is located, for example. Our area just outside Atlantic City is big on hospitality and casino employment. The industries that service the many vacationers who flock to the Jersey Shore survive partially on tips. With the casinos here closed for several days, travel bans in effect, etc., these folks simply will not be able to make up for those lost tips. And with the casinos already struggling for the last couple of years, the storm could not have come at a worse time. For those individuals reliant on a sustained stream of visitors to supplement their wages, the timing of this disastrous storm is another hurdle they'll have to overcome. As recent data suggests, few people have the financial means to absorb even a small drop off in their regular income. I know that assistance programs are out there, but as I said, you can not change the eventuality that one's career may have a permanent gash. So while the business media focuses on the money that will have to be spent in replacing cars and furniture, fixing homes, etc., consider the other part of the story as well. The reality is that many folks' earnings have been severely negatively affected. Bankrate released a study a few months back regarding savings habits of individuals, and the findings weren't good. It showed only 25% of Americans have at least six months of savings built up. Nearly half (49%) of Americans polled don't even have enough money saved to cover three months of expenses, while 28% have no cushion whatsoever. Many of these individual stories will not end well. It comes down to this: to position yourself for success in investing (and life in general), it's useful to identify key areas that may one day become a big obstacle in your path to building wealth. These factors can range from needing to free up more money to invest each month, to cutting back on frivolous spending, a lack of education on how best to manage your investments, and taking a regular pulse of the industry you work in to make sure you are not putting your family at risk if events occur (industry consolidation, layoffs, technology making your job obsolete, etc.). So take a step back and consider what you can do to improve your finances. Time will quickly become less of your ally and more of your enemy, especially when life sends you an unexpected twist. Year-to-Date Results Just Posted Be sure to check out the year-to-date watchlist posts up on the site today. You can see how well many of the dividend stocks we are tracking have done through the first ten months of 2012. As always, you can find these and other members-only articles on Dividend.com Premium Articles Page . 25 Years of Dividend-Increasing Stocks We recently updated our list of dividend stocks that have been paying out dividends for 25 years or more. Be sure to check out the latest list of names here . Dividends Really Matter Financial blog DailyReckoning.com recently took a look at the difference dividend payouts made in the overall return investors saw throughout the prior decades. Here are some of the highlights: - The Nasdaq is down 28% since the end of 1999. Even the \""blue chip\"" S&P 500 stocks are down 15% during that time frame\u2026until you add back those \""boring\"" dividends. With dividends included, the S&P 500\u2032s 15% loss flips to a 6% gain. - Without dividends, the S&P 500 index would have produced a loss for the 25 long years from August 1929 to August 1954. Then again, without dividends, the S&P 500 produced a 5% loss during the 13 years from September 1961 to September 1974. But with dividends included, the S&P's loss became a 46% gain. - Over the course of the last half-century, dividends have contributed more than half of the stock market's total return - 56%, to be exact. Of course, you can't discuss the potency of dividend investing without making mention of how awesome compound returns are. I can't stress enough the power of compound interest: you take a small amount of money and turn it into a large amount over time. Finding the right companies at the right price points which not only grow earnings, but also grow their dividend payouts as well! New Watchlist Article Out Today Be sure to check out our weekly Top 50 High-Yield Watchlist Names post that is out today, exclusively for Dividend.com Premium members. This list gives readers a good idea of what stocks we're watching behind the scenes here for potential upgrades. Go Beyond This Newsletter We know many of you enjoy reading the daily newsletter, but remember that with our Dividend.com Premium service, the newsletter is just one small component of what we offer. Here are the \""Big Three\"" benefits of our Premium service: - The Best Dividend Stocks List is used by tens of thousands of investors to help build their own portfolios. - Creating your own Watchlist allows you to track the performance, news, and upcoming dividend payouts of the particular stocks you care about. - Finally, we offer the most complete and easy-to-use dividend data on the web. Many subscribers use this data as part of a \""Dividend Capture\"" trading strategy, but long-term investors can use it to keep track of impending payouts. Just visit our Ex-Dividend Calendar for a complete outlook on which companies will be paying out soon. We don't ask for a credit card to use our free trial, and we don't bill you when your trial ends. No obligation whatsoever! So keep enjoying the newsletter, but please give Dividend.com Premium a shot if you haven't already subscribed! Thanks for reading, and I'll see you tomorrow! Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Created by Dividend.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Matches EPS, Beats Revenue Ests - Analyst Blog Automatic Data Processing Inc. ( ADP ) reported first quarter 2013 earnings from continuing operations of 62 cents per share, which came in line with the Zacks Consensus Estimate. Earnings increased 1.6% year over year due to lesser number of outstanding shares. Quarter Details Revenues increased 5.0% year over year to $2.64 billion, which slivered past the Zacks Consensus Estimate of $2.63 billion. Organic growth was 3% in the quarter. The better-than-expected revenue was driven by strong new business sales expansion in the Employer Services and PEO Services segments. Employer Services revenue increased 6% year over year (5% organically) to $1.82 billion. The number of employees on clients' payrolls in the United States grew 3.3% in the quarter on a same-store-sales basis. PEO Services revenue expanded 13% year over year to $451.9 million in the reported quarter. Dealer Services revenue increased 9% year over year to $439.8 million. Interest on funds held for clients declined 12.4% year over year to $106.8 million. The decline was primarily due to a 60 basis points (bps) drop in the average interest yield to 2.7%, which was partially offset by a 6% increase in average client funds balances to $16.1 billion. Total expenses in the reported quarter increased 5.3% year over year to $2.20 billion, attributable to higher operating expenses (up 6% year over year), selling, general & administrative expense (up 4.2% year over year) and systems development & programming costs (up 5.7% year over year). The company reported pre-tax earnings of $465.6 million, up 2.2% from the year-ago quarter. However, pre-tax margin decreased 50 bps year over year to 17.7%, due to a 60 bps fall in margins from Employer Services, which offset the 110 bps increase in PEO Services margin and 150 bps increase in Dealer Services margin. Net income from continuing operations increased 0.7% year over year to $302.5 million. Net margin decreased by 40 bps to 11.5% in the quarter. ADP exited the quarter with cash and cash equivalents (including short-term marketable securities) of $1.7 billion, compared with $1.58 billion in the previous quarter. Long-term debt decreased to $16.3 million in the quarter from $16.8 million in the prior quarter. ADP purchased 3.7 million shares for $215 million during the reported quarter. Guidance For fiscal 2013, ADP expects total revenue to increase in the range of 5.0%-7.0% year over year. Earnings are expected to increase 5.0%-7.0% over the year-ago level of $2.72 per share, excluding gains from the sale of assets. Employer Services revenue is expected to grow approximately 6%-7% with a pre-tax margin expansion of approximately 50 bps. PEO Services revenue is forecasted to improve 13.0%-14.0%. Pre-tax margin is expected to grow slightly on a year-over-year basis. ADP expects Dealer Services revenue to increase in the 7.0%-9.0% range with a pre-tax margin expansion of at least 100 bps. The company expects interest on funds held for clients to decline $70 million-$75 million or 14%-15% from prior year to $420 to $425 million. Our Recommendation We believe that ADP will continue to outperform the broader market based on strong new business sales, diversified product portfolio, improving customer retention, accretive acquisitions, strong balance sheet and shareholder-friendly programs (aggressive share buybacks, dividend) over the long term. However, increasing competition from Paychex Inc. ( PAYX ) and a gloomy macroeconomic condition are the major headwinds in the near term. We have a Neutral recommendation on ADP over the long term. Currently, ADP has a Zacks #3 Rank, which implies a Hold rating on a short-term basis. AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Announces Jan Siegmund as New CFO"", ""Automatic Data Processing Reports Q1 EPS $0.62 vs $0.62 Est; Revenues $2.64B vs $2.63B Est""]" ADP,2012-11-02,41.6142,41.6497,39.983,39.9869,"Stock Market News for November 2, 2012 - Market News Benchmarks finished in the green on the first trading day of November banking on positive consumer confidence and private sector jobs data. In the aftermath of Hurricane Sandy's havoc, investors drew strength from the slew of bullish economic reports. The consumer confidence index touched its highest level in more than four years. Investors will keep their eyes fixed on non-farm payroll data that is scheduled for release tomorrow. Industrials and materials were the major gainer among the S&P 500 groups. The S&P 500 registered its best day in seven weeks and the blue-chip index also scored its best day since September 13. The Dow Jones Industrial Average (DJI) jumped 1.0% to close the day at 13,232.62. The Standard & Poor 500 (S&P 500) surged 1.1% to finish yesterday's trading session at 1,427.59. The tech-laden Nasdaq Composite Index rose 1.4 % to end at 3,020.06. The fear-gauge CBOE Volatility Index (VIX) tumbled 10.3% to settle at 16.69. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 6.7 billion shares, marginally higher than the daily average of 6.5 billion shares. Advancers outpaced the decliners on the NYSE; as for 74% stocks that gained, 22% stocks closed in the red. Automatic Data Processing's (NASDAQ: ADP ) National Employment report revealed that the U.S. private sector added 158,000 jobs in the month of October in comparison to 114,000 in the month of September. This was above the Street's estimates. According to the report, large businesses added 81,000 jobs, whereas medium and small businesses added 27,000 and 50,000, respectively, in the month of October. The service sector added 144,000 jobs, while goods producers accounted for 14,000 more jobs. Construction and professional/business services added 23,000 and 35,000 jobs, respectively. However, the manufacturing industry reported a decline of 8,000 jobs. Separately, the U.S. Department of Labor released its initial claims report, according to which the number of Americans filing for unemployment has decreased from the previous week. According to the report, the advance figure for seasonally adjusted initial claims for the week ending October 27 decreased by 9,000 to 363,000 from the previous week's 372,000. The reported was below consensus estimates of 372,000. Meanwhile, the consumer confidence index touched its highest level since February 2008. According to the report, the consumer confidence index increased to 72.2 in October from 68.4 in September, beating the consensus estimate of 71.4. The present situation index increased to 56.2 from 48.7, while the expectations index increased to 82.9 from 81.5 recorded last month. The increase in consumer confidence was boosted by the improving job market. Meanwhile, the ISM manufacturing index rose by 0.2 points to 51.7 in October from 51.5 in the month of September. This was above the consensus estimates of 51.2. New orders increased by 1.9% to 54.2, whereas the production index increased 2.9% to 52.4. The employment index declined by 2.6% to 52.1. According to market experts, the manufacturing sector has supported the U.S. economy in such difficult times. Meanwhile, construction spending edged up 0.6% from August to a seasonally adjusted annual rate of $851.6 billion in September. This was in line with consensus estimates of a 0.6% increase. The September 2012 figure is 7.8% above September 2011 estimates of $790.3 billion. Private and public construction spending increased by 1.3% and 0.8%, respectively. Coming to corporate results, Pfizer Inc.'s (NYSE: PFE ) revenues fell short of estimates. The company's shares slipped 1.3% after the results. Exxon Mobil Corporation's (NYSE: XOM ) shares surged 0.5% after the company posted quarterly results. Profits came in above analysts' estimates but slipped from the year-ago quarter. The Materials Select Sector SPDR (XLB) gained 2.1% and was the major gainer among the S&P 500 industry groups. Stocks such as Monsanto Company (NYSE: MON ), E I Du Pont De Nemours And Co (NYSE: DD ), FMC Corporation (NYSE: FMC ), Dow Jones Industrial Average (INDEXDJX: DJI ) and PPG Industries, Inc. (NYSE: PPG ) surged 0.9%, 1.1%, 2.2%, 2.8% and 4.0%, respectively. AUTOMATIC DATA (ADP): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report (DJI): ETF Research Reports FMC CORP (FMC): Free Stock Analysis Report MONSANTO CO-NEW (MON): Free Stock Analysis Report PFIZER INC (PFE): Free Stock Analysis Report PPG INDS INC (PPG): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-11-05,39.8282,39.8341,38.9228,39.3114, ADP,2012-11-06,39.5569,40.2127,39.3627,39.9514,"[""ADP to Sell ADP Taxware to Vista Equity"", ""ADP to Sell ADP Taxware to Vista Equity"", ""ADP to Sell ADP Taxware to Vista Equity""]" ADP,2012-11-07,39.5412,39.6713,38.9495,39.2847,"Broadridge Beats, Retains View - Analyst Blog Broadridge Financial Solutions Inc. ( BR ) posted first-quarter fiscal 2013 adjusted earnings per share (EPS) of 18 cents, which beat the Zacks Consensus Estimate of 16 cents. Revenues Total revenue in the first quarter was $495.8 million, up 4.1% from $476.4 million a year ago. The revenue figure too came above the Zacks Consensus Estimate of $488.0 million. The year-over-year improvement was buoyed by a 3.0% increase in recurring revenues, improved contribution from event-driven mutual fund and higher distribution revenues. Broadridge managed to sustain a 99% client retention rate. Recurring revenue closed sales were down approximately 30% year over year. Segment Revenues The Investor Communication Solutions segment generated $339.5 million in revenues, up 8.5% from $313.0 million in the prior-year quarter. The increase was attributable to higher recurring revenues from net new business, revenue gains from acquisitions, and higher event-driven mutual fund proxies and distribution revenues. The Securities Processing Solutions segment reported revenues of $153.9 million, down 2.8% from $158.4 million in the prior-year quarter. The decrease was due to lower volume sales and termination of the outsourcing agreement with Penson Worldwide Inc. ( PNSN ), partially offset by new outsourcing agreement with Apex Clearing Corporation, strength in new business and contribution from the Paladyne acquisition. Operating Results Total expenses in the quarter crept up 3.8% year over year to $467.2 million. Reported pre-tax income was $28.6 million, up from $26.2 million in the year-earlier quarter. Pre-tax margin grew 20 basis points year over year to 3.7%. GAAP net income from continuing operations increased 9.6% year over year to $18.3 million. Earnings per share in the quarter grew 9.2% to 14 cents from 13 cents in the year-ago quarter. Excluding the effect of International Business Machines Corp. ( IBM ) migration costs; impairment charge on investment in the common stock of Penson Worldwide and restructuring charges, adjusted net income was $22.3 million or 18 cents per share. This cost of migrating to IBM's platform follows an information technology services agreement signed between the two companies in March 2010. Per the deal, IBM will provide certain aspects of Broadridge's information technology infrastructure that are currently being provided under a data center outsourcing services agreement with Automatic Data Processing Inc. ( ADP ). Balance Sheet & Share Buyback Broadridge exited the quarter with cash and cash equivalents of $211.8 million, down from $320.5 million in the prior quarter. Receivables decreased 13.3% from the previous quarter to $321.4 million. Long-term debt remained sequentially unchanged at $524.4 million. During the quarter, Broadridge bought back 3.2 million of its common stock at an average price of $23.61 per share. The company now has 6.7 million of common stock available for repurchase. Guidance Reiterated For fiscal 2013, Broadridge expects revenue growth of 3.0% to 4.0%, and recurring revenue growth of 4.0% to 7.0%. The company expects recurring revenue closed sales to be the key driver of revenue growth. Recurring revenue closed sales are forecast in the range of $110.0 million to $150.0 million. GAAP pretax margin is expected in the range of 13.8% to 14.4%, while non-GAAP margin is expected between 14.2% and 14.8%. Earnings per share are expected between $1.60 and $1.70. However, excluding the effect of Penson charges, adjusted EPS is still expected in the range of $1.76-$1.86. Management also expects adjusted free cash flow in the range of $200.0 million to $250.0 million. Management is quite confident of achieving its fiscal target based on strong sales pipeline, 99% client revenue retention rate and product strength. Our Take Broadridge Financial posted a decent first quarter by beating the Zacks Consensus Estimates on both the bottom and top lines. Despite positive momentum, Broadridge reiterated its guidance for fiscal, which we believe is due to the unpredictable nature of mutual fund proxy revenues. The company believes that outsourcing will be a key driver of its growth and we believe that Broadridge seems to be in a good position to make such deals. Broadridge entered into a 10-year Master Services Agreement with Apex, under which Apex will outsource its securities processing and back office support services to Broadridge. Broadridge faces significant competition from companies such as HD Supply and DST Systems Inc. ( DST ), which have intensified pricing pressure for the company. But, we remain optimistic on Broadridge's strategic acquisitions and new product launches. Currently, Broadridge has a Zacks #3 Rank, implying a short-term Hold rating. AUTOMATIC DATA (ADP): Free Stock Analysis Report BROADRIDGE FINL (BR): Free Stock Analysis Report DST SYSTEMS (DST): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report PENSON WORLDWD (PNSN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-11-08,39.1043,39.3706,38.5944,38.6024, ADP,2012-11-09,38.5056,38.8952,38.2521,38.547, ADP,2012-11-12,38.5243,38.8439,38.4781,38.6309, ADP,2012-11-13,38.3656,39.0698,38.3596,38.7492,"[""ADP Raises Qtr. Dividend from $0.395 to $0.435/Share"", ""ADP Raises Qtr. Dividend from $0.395 to $0.435/Share"", ""ADP Raises Qtr. Dividend from $0.395 to $0.435/Share""]" ADP,2012-11-14,38.8065,38.8587,38.0767,38.1762, ADP,2012-11-15,38.2521,38.4712,37.982,38.1052, ADP,2012-11-16,38.047,38.191,37.6545,38.1555,"8 companies you didn’t know had so much money Shares of cash-rich, debt-free firms offer shelter in stormy markets Forget sand bags; in turbulent, unforgiving stock markets, you want money bags. Against this uncertain backdrop, MarketWatch figured it would be useful to look for companies that have fortified their balance sheet." ADP,2012-11-19,38.5648,38.6526,38.1201,38.4919, ADP,2012-11-20,38.4849,38.553,38.0924,38.3794,"[""My Top Dividend Growth Stocks From Last Week Submitted by Dividend Yield as part of our contributors program . Stocks With Biggest Dividend Hikes From Last Week by Dividend Yield - Stock, Capital, Investment . Here is a current sheet of companies that have announced a dividend increase within the recent week. In total, 41 stocks and funds raised dividends of which 18 have a dividend growth of more than 10 percent. The average dividend growth amounts to 39.01 percent. Exactly 9 stocks/funds have a yield over five percent (High-Yield), 19 yield above three percent. 18 companies are currently recommended to buy. Here are my dividend growth stocks: SYSCO Corporation ( SYY ) has a market capitalization of $17.65 billion. The company employs 47,800 people, generates revenue of $42.380 billion and has a net income of $1.121 billion. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2.332 billion. The EBITDA margin is 5.50 percent (the operating margin is 4.46 percent and the net profit margin 2.65 percent). Financial Analysis: The total debt represents 24.96 percent of the company's assets and the total debt in relation to the equity amounts to 64.43 percent. Due to the financial situation, a return on equity of 23.89 percent was realized. Twelve trailing months earnings per share reached a value of $1.88. Last fiscal year, the company paid $1.07 in the form of dividends to shareholders. The company announced to raise dividends by 3.7 percent. Market Valuation: Here are the price ratios of the company: The P/E ratio is 15.98, the P/S ratio is 0.42 and the P/B ratio is finally 3.76. The dividend yield amounts to 3.73 percent and the beta ratio has a value of 0.71. Automatic Data Processing ( ADP ) has a market capitalization of $26.57 billion. The company employs 57,000 people, generates revenue of $10.665 billion and has a net income of $1.388 billion. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2.343 billion. The EBITDA margin is 21.97 percent (the operating margin is 19.90 percent and the net profit margin 13.02 percent). Financial Analysis: The total debt represents 0.05 percent of the company's assets and the total debt in relation to the equity amounts to 0.27 percent. Due to the financial situation, a return on equity of 22.90 percent was realized. Twelve trailing months earnings per share reached a value of $2.82. Last fiscal year, the company paid $1.55 in the form of dividends to shareholders. The company announced to raise dividends by 10.1 percent. Market Valuation: Here are the price ratios of the company: The P/E ratio is 19.38, the P/S ratio is 2.49 and the P/B ratio is finally 4.34. The dividend yield amounts to 3.18 percent and the beta ratio has a value of 0.69. Union Pacific ( UNP ) has a market capitalization of $55.30B billion. The company employs 46,205 people, generates revenue of $19.557 billion and has a net income of $3.292 billion. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $7.336 billion. The EBITDA margin is 37.51 percent (the operating margin is 29.24 percent and the net profit margin 16.83 percent). Financial Analysis: The total debt represents 19.75 percent of the company's assets and the total debt in relation to the equity amounts to 47.94 percent. Due to the financial situation, a return on equity of 18.12 percent was realized. Twelve trailing months earnings per share reached a value of $8.07. Last fiscal year, the company paid $1.93 in the form of dividends to shareholders. The company announced to raise dividends by 15.0 percent. Market Valuation: Here are the price ratios of the company: The P/E ratio is 14.56, the P/S ratio is 2.83 and the P/B ratio is finally 3.04. The dividend yield amounts to 2.35 percent and the beta ratio has a value of 1.16. Brown-Forman (BF.A) has a market capitalization of $13.68 billion. The company employs 3,800 people, generates revenue of $3.614 billion and has a net income of $513 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $837 million. The EBITDA margin is 23.16 percent (the operating margin is 21.80 percent and the net profit margin 14.19 percent). Financial Analysis: The total debt represents 14.67 percent of the company's assets and the total debt in relation to the equity amounts to 24.65 percent. Due to the financial situation, a return on equity of 24.85 percent was realized. Twelve trailing months earnings per share reached a value of $2.52. Last fiscal year, the company paid $0.89 in the form of dividends to shareholders. The company announced to raise dividends by 9.3 percent. Market Valuation: Here are the price ratios of the company: The P/E ratio is 24.72, the P/S ratio is 3.79 and the P/B ratio is finally 6.73. The dividend yield amounts to 1.56 percent and the beta ratio has a value of 0.68. Take a closer look at the full table of stocks with recent dividend hikes. The average dividend growth amounts to 39.01 percent and the average dividend yield amounts to 2.85 percent. Stocks from the sheet are valuated with a P/E ratio of 20.84. The average P/S ratio is 4.57 and P/B 1.89. Monthly Yield Fact Book | Yields Dividend Champions | Yields Dividend Contenders | Yields Dividend Challengers | High-Yield Large Cap | +10% Yielding Stocks | The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Selloffs and the Biggest Myth About Hurricane Sandy Submitted by Wall St. Daily as part of our contributors program . Forget the line about \""lies, damn lies and statistics.\"" News headlines take the cake for the greatest potential to mislead. Look no further than the latest unemployment data\u2026 Last week, the Labor Department revealed that initial jobless claims spiked to 439,000. That's the highest number in 18 months - and almost 80,000 more than the previous week. What gives? Wasn't the labor market on the mend? I mean, a few weeks ago, right before the presidential election, initial jobless claims dipped to their lowest level in four years. Such a sharp reversal must be the result of some kind of government-led conspiracy, right Mr. Welch ? Fear not. There's no need to go there. A quick scan of the ever-trustworthy news headlines reveals it's all a natural disaster-induced anomaly\u2026 \""Hurricane Sandy drives up first-time jobless claims.\"" - MarketWatch \""Claims for jobless benefits jump as Sandy's havoc spreads to labor market.\"" - The Star Ledger \""Hurricane Sandy drives up joblessness.\"" - Cape Cod Times \""Hurricane Sandy sends first-time unemployment benefit claims soaring to 18-month high.\"" - Daily Kos So it's all Hurricane Sandy's fault! Or is it? In honor of Myth-Busting Monday, let's dig into the numbers to figure it out. In the process, I'll also remind you why investors should regularly track unemployment claims data - and how to do it. (Hint: Unlike Miss Cleo, it can actually help you predict the future.) Don't Get Caught Up in the Blame Game No doubt, Hurricane Sandy impacted the employment situation in the Northeast. And it's going to continue to do so, as well. As Citi economist, Steven Wieting, said, \""The experience of Katrina suggests higher storm-related [unemployment] filings could persist for weeks.\"" But the headlines make you believe the entire increase in initial claims last week is Hurricane Sandy's fault. And that's not the case at all. If we dig into the data, here's what we find\u2026 New Jersey and Connecticut reported increases of 5,675 and 1,783 claims, respectively. And the cause was clearly stated in the press release: \""Due to Hurricane Sandy.\"" The highest increases, though, came in Pennsylvania (+7,766) and Ohio (+6,450). The cause? Not the hurricane. In Pennsylvania, claims spiked because of \""layoffs in the construction, transportation, manufacturing and the food and beverage manufacturing industries.\"" In Ohio, it was due to \""layoffs in the automobile and manufacturing industries.\"" And here's the kicker: In total, non-hurricane-caused claims outweighed hurricane-caused claims by a ratio of 3-to-1! Yet the media's blaming it all on the storm. Did they even take the time to read the full press release to uncover the real data? Obviously not. The truth is, the cause for the huge increase is two-fold. It's the hurricane and - to a greater extent - continued weakness in our economy. That's potentially problematic for investors. As I've told you before, stock prices exhibit a strong negative correlation to the four-week average initial jobless claims figure. As claims go down, stocks historically go up. And vice versa. True to form, the latest spike in the four-week average to 383,750 claims coincides with the drop in the stock market. Bottom line: We need to go to the source, instead of relying on the mainstream press to get the truth. When it concerns initial unemployment claims, that means visiting the , where you can access all the current and historical data. Bottom line: We need to go to the source, instead of relying on the mainstream press to get the truth. When it concerns initial unemployment claims, that means visiting the Labor Department's website , where you can access all the current and historical data. And the reason we should even give a hoot about initial jobless claims (beyond the obvious that it's an indication of overall economic health), is because the longer-term trend helps us predict the next move for the stock market. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Profit From the Fiscal Cliff Sell puts on these nine stocks that Goldman Sachs says have little sensitivity to the cliff.""]" ADP,2012-11-21,38.3469,38.6418,38.3162,38.6171,"Cimatron, Limited (CIMT) Ex-Dividend Date Scheduled for November 26, 2012 C imatron, Limited ( CIMT ) has announced an ex-dividend date of November 26, 2012 and a cash dividend payment of $0.105 per share scheduled for December 17, 2012. Shareholders who purchased CIMT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -48.53% decrease from the prior quarter. At the current stock price of $4.36, the dividend yield is 4.82%. The previous trading day's last sale of CIMT was $4.36, representing a -7.04% decrease from the 52 week high of $4.69 and a 54.61% increase over the 52 week low of $2.82. CIMT is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). CIMT's current earnings per share, an indicator of a company's profitability, is $.41. For more information on the declaration, record and payment dates, visit the CIMT Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-11-23,38.768,39.1309,38.6842,39.1172, ADP,2012-11-26,38.9495,39.0273,38.6378,38.8065,"[""EPIQ Systems, Inc. (EPIQ) Ex-Dividend Date Scheduled for November 28, 2012 E PIQ Systems, Inc. ( EPIQ ) has announced an ex-dividend date of November 28, 2012 and a cash dividend payment of $0.09 per share scheduled for December 28, 2012. Shareholders who purchased EPIQ stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EPIQ has paid the same dividend. At the current stock price of $11.13. The previous trading day's last sale of EPIQ was $11.13, representing a -19.46% decrease from the 52 week high of $13.82 and a 9.01% increase over the 52 week low of $10.21. EPIQ is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). EPIQ's current earnings per share, an indicator of a company's profitability, is $.56. Zacks Investment Research reports EPIQ's forecasted earnings growth in 2012 as 11.84%, compared to an industry average of 5.3%. For more information on the declaration, record and payment dates, visit the EPIQ Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Evolving Systems, Inc. (EVOL) Ex-Dividend Date Scheduled for November 28, 2012 E volving Systems, Inc. ( EVOL ) has announced an ex-dividend date of November 28, 2012 and a cash dividend payment of $0.05 per share scheduled for December 21, 2012. Shareholders who purchased EVOL stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $6.53, the dividend yield is 3.06%. The previous trading day's last sale of EVOL was $6.53, representing a -15.74% decrease from the 52 week high of $7.75 and a 30.6% increase over the 52 week low of $5. EVOL is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). EVOL's current earnings per share, an indicator of a company's profitability, is $.5. Zacks Investment Research reports EVOL's forecasted earnings growth in 2012 as 108.33%, compared to an industry average of 6%. For more information on the declaration, record and payment dates, visit the EVOL Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-11-27,38.7265,38.8874,38.5727,38.6024,"[""Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for November 29, 2012 J ack Henry & Associates, Inc. ( JKHY ) has announced an ex-dividend date of November 29, 2012 and a cash dividend payment of $0.115 per share scheduled for December 17, 2012. Shareholders who purchased JKHY stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that JKHY has paid the same dividend. At the current stock price of $38.57, the dividend yield is 1.19%. The previous trading day's last sale of JKHY was $38.57, representing a -5.26% decrease from the 52 week high of $40.71 and a 24.46% increase over the 52 week low of $30.99. JKHY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). JKHY's current earnings per share, an indicator of a company's profitability, is $1.85. Zacks Investment Research reports JKHY's forecasted earnings growth in 2013 as 11.12%, compared to an industry average of -6.6%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for November 29, 2012 P egasystems Inc. ( PEGA ) has announced an ex-dividend date of November 29, 2012 and a cash dividend payment of $0.03 per share scheduled for December 17, 2012. Shareholders who purchased PEGA stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 27th quarter that PEGA has paid the same dividend. At the current stock price of $19.78, the dividend yield is .61%. The previous trading day's last sale of PEGA was $19.78, representing a -50.51% decrease from the 52 week high of $39.97 and a 4.11% increase over the 52 week low of $19. PEGA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). PEGA's current earnings per share, an indicator of a company's profitability, is -$.02. Zacks Investment Research reports PEGA's forecasted earnings growth in 2012 as 89.9%, compared to an industry average of 3.9%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-11-28,38.4712,38.9652,38.3726,38.9652, ADP,2012-11-29,39.0273,39.2917,38.9356,39.2305,"[""AOL Inc. (AOL) Ex-Dividend Date Scheduled for December 03, 2012 A OL Inc. ( AOL ) has announced an ex-dividend date of December 03, 2012 and a cash dividend payment of $5.15 per share scheduled for December 14, 2012. Shareholders who purchased AOL stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $36.96, the dividend yield is 13.93%. The previous trading day's last sale of AOL was $36.96, representing a -15.87% decrease from the 52 week high of $43.93 and a 173.98% increase over the 52 week low of $13.49. AOL is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). AOL's current earnings per share, an indicator of a company's profitability, is $10.84. Zacks Investment Research reports AOL's forecasted earnings growth in 2012 as 1671.59%, compared to an industry average of 2%. For more information on the declaration, record and payment dates, visit the AOL Dividend History page. Interested in gaining exposure to AOL through an Exchange Traded Fund [ETF]? The following ETF(s) have AOL as a top-10 holding: iShares Morningstar Small Growth Index Fund ( JKK ) Internet HOLDRS Trust ( HHHYL ) QuantShares U.S. Market Neutral Size Fund ETF ( SIZ ). The top-performing ETF of this group is HHHYL with an increase of 21.66% over the last 100 days. JKK has the highest percent weighting of AOL at 0.91%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""TSR, Inc. (TSRI) Ex-Dividend Date Scheduled for December 03, 2012 T SR, Inc. ( TSRI ) has announced an ex-dividend date of December 03, 2012 and a cash dividend payment of $1.5 per share scheduled for November 30, 2012. Shareholders who purchased TSRI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2900% increase over the prior year. At the current stock price of $5.05. The previous trading day's last sale of TSRI was $5.05, representing a -11.25% decrease from the 52 week high of $5.69 and a 36.49% increase over the 52 week low of $3.70. TSRI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). TSRI's current earnings per share, an indicator of a company's profitability, is -$.1. For more information on the declaration, record and payment dates, visit the TSRI Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-11-30,39.3114,39.6348,39.271,39.553, ADP,2012-12-03,39.7286,39.7956,39.2374,39.3173,"Ahead of Wall Street - Dec 3, 2012 - Ahead of Wall Street Monday, December 3, 2012 The apparent stalemate in the Fiscal Cliff talks is most likely part of tactics from both sides. It is only reasonable to expect them to haggle over each component of the final deal as one would do in a bazaar. Perhaps that's the reason why the market isn't overly concerned about the positions staked out by the two sides. We should be mindful, however, that the incentives for both sides are not perfectly aligned. As such, the odds of not reaching a deal in time to avoid the 'cliff' are not non-trivial, though they are small. 'Cliff' aside, we have a busy week on the economic calendar, with the November manufacturing ISM report coming out a little later. The expectation is that we will get a modest pullback from the October's level of 51.7 due to Hurricane Sandy, but the index should remain in expansionary territory. The most important economic report this week of course is the November non-farm payroll report on Friday. But as we saw with the weekly Jobless Claims data in November, the Friday jobs report will also most likely be distorted by Sandy. It is perhaps fair to assume that the market will look past even a very weak reading on Friday. We will get a sense of the extent of hurricane distortions in the Friday payroll data from Wednesday's jobs report from Automatic Data Processing ( ADP ). The service sector ISM survey on Wednesday likely will have limited storm related effects and should be around the same level as the month before. The 'Cliff' debate will likely continue to monopolize the market's attention most of this month. But at some stage, the focus will have to shift to the fourth quarter earnings season. The preponderance of negative guidance for the quarter has helped bring down expectations for fourth quarter earnings growth, but we haven't seen much downward adjustment for full-year 2013 estimates which still show growth expectations in excess of 10%. Given the broad economic weakness all around the world, it is unlikely that we will get growth anywhere near that level. My sense is that estimates for 2013 will start coming down as companies provide guidance on the fourth quarter earnings calls. As such, while Fiscal Cliff is justifiably the big issue for investors at this stage, we shouldn't lose sight of the deteriorating earnings picture, either. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-12-04,39.3627,39.5698,39.2236,39.5017,"Large caps will beat small until year-end Commentary: Manager year-end bonuses have big impact on market You might want to stay away from the riskier small caps until the end of December, writes Mark Hulbert." ADP,2012-12-05,39.5017,40.0215,39.4238,39.8992,"[""Breaking Down the ADP Numbers - Analyst Blog The focus will likely remain on the unresolved 'Fiscal Cliff' question, even though we have a number of key economic reports this morning. The problem with economic data lately has been that it is difficult to discern underlying trends given distortions by Hurricane Sandy. And we are seeing the same element at play in today's private-sector jobs reading from payroll processor Automatic Data Processing ( ADP ), though the headline tally is only modestly lower than what was expected. The non-manufacturing ISM survey coming out a little later is expected to have the least amount of storm effects and will likely provide a relatively undistorted look on the economy's service sector. The ADP report is showing modestly weaker-than-expected private-sector jobs of 118K in November versus expectations of 125K jobs created. This compares to gains of 157K in October (revised down by 1K from 158K originally reported). The November tally was reportedly lowered by approximately 86K due to Sandy, with manufacturing, retail, leisure and hospitality, and temp work particularly hard hit. Goods producing sectors added 4K jobs in the month, with gains of 23K in construction offsetting the decline of 16K in manufacturing. In terms of company size, small businesses (with less than 50 employees) added 19K jobs, medium businesses (less than 500 employees) added 33K, and large businesses (more than 500 employees) added 66K. The service sector added 114K jobs. The employment component of today's service sector ISM report will give us more color on trends in this key sector. This is not a bad report, keeping in mind that the storm took out roughly 86K jobs from the tally. What this means that pace of job creation in the economy has not materially changed from what we have been seeing in recent months. The concern has been that the recent downtrend in corporate capital spending will start showing up in reduced hiring as well. But this report doesn't show much evidence of that. The expectation for Friday's BLS report ahead of this morning's ADP report was for headline gains of around 80K. It is unlikely that we will see any material revisions to those estimates. The key takeaway from this ADP report coupled with what we have been seeing in recent months is that the labor market is modestly improving at a pace somewhere in the 150K monthly range. If we don't see any material deterioration in this trend despite the 'Fiscal Cliff'-related uncertainties, then I will be counting that as a positive for the economy. AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex Buys Expense Management Biz - Analyst Blog Payroll and human resource (HR) outsourcing service provider Paychex Inc. ( PAYX ) recently announced the takeover of the expense management business (\""ExpenseWire\"") of Rearden Commerce Inc. for an undisclosed sum. Rearden Commerce develops e-commerce applications, which allow customers to purchase its products or services online. In 2008, the company acquired ExpenseWire, a leading provider of real time expense management solutions. The online solutions streamline and automate the processes associated with the filing, review, approval and reimbursement of employee expense reports. The solution helps organizations to monitor and manage travel expenses of their employees as well. Paychex has been using the software since 2008. Paychex agreed to resell the app along with its web-based Expense Management suite, which is mostly similar to the ExpenseWire solution. Now that the business is completely owned by Paychex, it can retain the entire earnings out of the business. Expense Management is an integral part of Paychex's HR Services segment. Hence, we believe that the addition of new capabilities would attract professional employer organizations, thus generating revenue growth. Earlier this year, Paychex acquired online and PC-based time and attendance solutions provider, Icon Time Systems Inc. for an undisclosed amount. The acquisition has supported growth within Paychex's Payroll Service segment. The company's initiative for boosting its revenue growth through acquisitions is encouraging. Also, the improving trend in SMB IT spending could pave the way for Paychex in the coming quarters. But we can see that low hiring in the small and medium business (SMB) sector (leading to lower checks per client) and lack of new business wins has come in the way of solid revenue growth. We also remain concerned regarding stiff competition from Automatic Data Processing Inc. ( ADP ) and Intuit Inc. ( INTU ). Currently, Paychex has a Zacks #4 Rank, (Sell), while both Intuit and ADP have a Zacks #3 Rank (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Radio Update: The Dow takes off The Dow's gains accelerate to 100+ points, while Apple continues to be a drag on the Nasdaq. Joan Doniger has the latest money news.""]" ADP,2012-12-06,39.8823,40.2561,39.8756,40.1101, ADP,2012-12-07,40.127,40.3597,39.6822,39.9514,"Stock Market News for December 7, 2012 - Market News A volatile trading session ended with markets eking out small gains propelled by a jump in Apple's shares and positive initial claims data. Meanwhile, the impending government jobs report and a focus on the Fiscal Cliff issue also played their part in the markets' movement yesterday. Apple rebounded from the previous day's losses and helped the technology sector to emerge as a major gainer for the day. The Dow Jones Industrial Average (DJI) gained 0.3% to finish at 13,074.04. The Standard & Poor 500 (S&P 500) also added 0.3% to close yesterday's trading session at 1,413.94. The tech-laden Nasdaq Composite Index outperformed fellow benchmarks to end 0.5% higher at 2,989.27. The fear-gauge CBOE Volatility Index (VIX) added a paltry 0.7% to settle at 16.58. Total volumes on the New York Stock Exchange stood at 3.23 billion shares. Advancers edged past decliners on the NYSE; as for 51% stocks that rose, 45% stocks closed lower. The patient wait for a timely solution to the fiscal cliff dilemma has been deciding benchmarks' direction for long. By now all and sundry must be bored to hear repeatedly that economists' have predicted another recession is looming if the issue is not resolved by Congress. The Fiscal Cliff of $600 billion in tax increases and spending cuts will take effect in few more weeks. As for the latest development on this front, the negotiating parties, namely President Obama and speaker of the House of Representatives John Boehner, were reported to have made some progress in solving the dilemma. The President and John Boehner had a telephonic conversation, but none of them were ready to divulge details. White House spokesman Jay Carney said: ""Lines of communication remain open"". Boehner's spokesman Michael Steel echoed these sentiments. Apart from the cautious approach toward the Fiscal Cliff, markets' gains were somewhat restricted by investors' wait-and-watch attitude ahead of the government jobs report. November employment data is scheduled for release on Friday and till then investors are wary of betting big bucks. However, the initial claims report on Thursday was positive and helped markets add to their gains. According to the U.S. Department of Labor, the advance figure for seasonally adjusted initial claims dropped 25,000 from the prior week to 370,000 in the week ending December 1. The drop was also wider than expectations of the figure coming in at 380, 000. Positive initial claims data came a day after Automatic Data Processing's (NASDAQ: ADP ) National Employment report revealed that the U.S. private sector added 118,000 jobs in November compared to 158,000 in October. Job additions were also lesser than what the Street had predicted. Positive initial claims data and not-so-favorable ADP National Employment report mean investors will anxiously await nonfarm payroll data. Also helping markets move up was strong performance from the technology sector. The Technology Select Sector SPDR (XLK) was up 0.6%, largely a result of gains for the likes of Apple Inc. (NASDAQ: AAPL ), Broadcom Corp. (NASDAQ: BRCM ) and Akamai Technologies, Inc. (NASDAQ: AKAM ). Apple gained 1.6% to rebound from the previous day's losses, which was the largest drop in more than four years. Apple's CEO Tim Cook said some portion of Mac's production will be shifted to the U.S. Apple had slumped 6.4% after COR Clearing increased the iPhone maker's margin requirement to 60% from 30%. Separately, Broadcom gained 3.2% after projecting fourth quarter revenue to be at the higher end of its target range. Akamai jumped 10.0% after announcing its intention to sell services in partnership with AT&T, Inc. (NYSE: T ). The utilities sector was a major loser among the S&P industry groups and the Utilities Select Sector SPDR (XLU) lost 0.1%. Among the top ten holding companies of XLU, Duke Energy Corporation (NYSE: DUK ), Dominion Resources, Inc. (NYSE: D ), FirstEnergy Corp. (NYSE: FE ) and Exelon Corporation (NYSE: EXC ) lost 0.5%, 0.4%, 1.1% and 0.3%, respectively. APPLE INC (AAPL): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report AKAMAI TECH (AKAM): Free Stock Analysis Report BROADCOM CORP-A (BRCM): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report DUKE ENERGY CP (DUK): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report FIRSTENERGY CP (FE): Free Stock Analysis Report AT&T INC (T): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-12-10,39.8823,40.3666,39.8429,39.9613,"[""Quality Systems, Inc. (QSII) Ex-Dividend Date Scheduled for December 12, 2012 Q uality Systems, Inc. ( QSII ) has announced an ex-dividend date of December 12, 2012 and a cash dividend payment of $0.175 per share scheduled for December 28, 2012. Shareholders who purchased QSII stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that QSII has paid the same dividend. At the current stock price of $18.01, the dividend yield is 3.89%. The previous trading day's last sale of QSII was $18.01, representing a -59.98% decrease from the 52 week high of $45 and a 19.75% increase over the 52 week low of $15.04. QSII is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). QSII's current earnings per share, an indicator of a company's profitability, is $1.13. Zacks Investment Research reports QSII's forecasted earnings growth in 2013 as -13.51%, compared to an industry average of 3.6%. For more information on the declaration, record and payment dates, visit the QSII Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for December 12, 2012 A utomatic Data Processing, Inc. ( ADP ) has announced an ex-dividend date of December 12, 2012 and a cash dividend payment of $0.435 per share scheduled for January 02, 2013. Shareholders who purchased ADP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.13% increase over the prior quarter. At the current stock price of $57.31, the dividend yield is 3.04%. The previous trading day's last sale of ADP was $57.31, representing a -4.42% decrease from the 52 week high of $59.96 and a 12.62% increase over the 52 week low of $50.89. ADP is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Yahoo! Inc. ( YHOO ). ADP's current earnings per share, an indicator of a company's profitability, is $2.84. Zacks Investment Research reports ADP's forecasted earnings growth in 2013 as 7.13%, compared to an industry average of .7%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Interested in gaining exposure to ADP through an Exchange Traded Fund [ETF]? The following ETF(s) have ADP as a top-10 holding: PowerShares Morningstar StockInvestor Core Portfolio ( PYH ) iShares MSCI All Country World Minimum Volatility Index Fund ( ACWV ) PowerShares Fundamental Pure Large Core Portfolio ( PXLC ) QuantShares U.S. Market Neutral Anti Beta Fund ETF ( BTAL ) QuantShares U.S. Market Neutral Quality Fund (QLT). The top-performing ETF of this group is PYH with an increase of 8.76% over the last 100 days. It also has the highest percent weighting of ADP at 2.48%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-12-11,40.1221,40.694,40.0136,40.4475, ADP,2012-12-12,40.7324,40.9091,40.2286,40.3115,"Syntel, Inc. (SYNT) Ex-Dividend Date Scheduled for December 14, 2012 S yntel, Inc. ( SYNT ) has announced an ex-dividend date of December 14, 2012 and a cash dividend payment of $2.31 per share scheduled for December 28, 2012. Shareholders who purchased SYNT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3750% increase over the prior quarter. At the current stock price of $57.87, the dividend yield is 15.97%. The previous trading day's last sale of SYNT was $57.87, representing a -11.23% decrease from the 52 week high of $65.19 and a 30.65% increase over the 52 week low of $44.29. SYNT is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SYNT's current earnings per share, an indicator of a company's profitability, is $4.3. Zacks Investment Research reports SYNT's forecasted earnings growth in 2012 as 39.28%, compared to an industry average of 17.5%. For more information on the declaration, record and payment dates, visit the SYNT Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-12-13,40.3469,40.6566,40.2344,40.4395, ADP,2012-12-14,40.3045,40.5046,40.2681,40.3115,"Evolving Systems, Inc. (EVOL) Ex-Dividend Date Scheduled for December 18, 2012 E volving Systems, Inc. ( EVOL ) has announced an ex-dividend date of December 18, 2012 and a cash dividend payment of $0.15 per share scheduled for December 26, 2012. Shareholders who purchased EVOL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 200% increase over the prior month. At the current stock price of $5.96, the dividend yield is 30.2%. The previous trading day's last sale of EVOL was $5.96, representing a -22.8% decrease from the 52 week high of $7.72 and a 19.2% increase over the 52 week low of $5. EVOL is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). EVOL's current earnings per share, an indicator of a company's profitability, is $.5. Zacks Investment Research reports EVOL's forecasted earnings growth in 2012 as 108.33%, compared to an industry average of 6%. For more information on the declaration, record and payment dates, visit the EVOL Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-12-17,40.2581,40.8193,40.0757,40.7,"[""Convergys Corporation (CVG) Ex-Dividend Date Scheduled for December 19, 2012 C onvergys Corporation ( CVG ) has announced an ex-dividend date of December 19, 2012 and a cash dividend payment of $0.05 per share scheduled for January 04, 2013. Shareholders who purchased CVG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CVG has paid the same dividend. At the current stock price of $16.26, the dividend yield is 1.23%. The previous trading day's last sale of CVG was $16.26, representing a -6.66% decrease from the 52 week high of $17.42 and a 36.18% increase over the 52 week low of $11.94. CVG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). CVG's current earnings per share, an indicator of a company's profitability, is $1.04. Zacks Investment Research reports CVG's forecasted earnings growth in 2012 as -1.24%, compared to an industry average of .7%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Earnings Preview: Paychex Inc. - Analyst Blog Paychex Inc. ( PAYX ), specializing in payment processing services, is scheduled to announce its second-quarter fiscal 2013 results on December 19 after the closing bell. We notice that the analysts have maintained their estimates at this point. First Quarter Overview Paychex delivered modest first-quarter 2013 results, with earnings of 42 cents per share inching past the Zacks Consensus Estimate by a penny. Revenues grew 2.7% year over year, backed by increases of 7.4% in Human Resource Service revenue and 0.9% in Payroll Service revenue. The revenue improvement was supported by modest client growth and price increases but was partially offset by the discount offered, unfavorable mix and lower contribution from the professional employer organization. Higher operating expenses resulted in an 80 basis points drop in operating margin to 45.5%. Outlook Regarding its fiscal 2013 guidance, Paychex seems a bit cautious. Given the current market and economic conditions, Paychex believes that checks per client will likely moderate through fiscal 2013. However, this will be partially offset by modest client growth and improved revenue per check. Also, Human Resources organic revenue growth will follow the historical trend. Agreement of Analysts In the last 30 days, none out of the 20 estimates for the second quarter were revised. However, one of the 23 estimates for fiscal 2013 moved higher in the past 30 days. The limited movement, since Paychex's first quarter results, suggests a lack of driving events. However, some analysts prefer to remain cautious based on management's commentary regarding the sluggishness in new small-business formation. Moreover, a few analysts believe that aggressive pricing from Automatic Data Processing Inc. ( ADP ) is stealing customers away from Paychex. The time between when the company receives payments from its clients and pays it out to employees typically earns some interest for Paychex. Now, with the government contemplating lower interest rates, this quick income stream of the company will also be restricted. However, some analysts are positive about Paychex's efforts to be technologically advanced by launching mobility apps for Apple Inc.'s (AAPL) iPad and Android tablets, which allows users to use the apps both on personal computers as well as laptops. In addition, Paychex launched smartphone applications targeting both employers and employees who are always on the move. Magnitude of Estimate Revisions There was no change in the Zacks Consensus Estimate for the second quarter and fiscal 2013 in the past 30 days. However, the estimates moved down by a penny to 40 cents for the second quarter in the past 90 days. The estimate for fiscal 2013 remained unchanged at $1.61 in the past 90 days. Recommendation Though the job markets have fared well in the month of November, industry experts believe that the trend is unlikely to continue. The unstable job market coupled with macro uncertainties could lead to a tough 2013 for Paychex. However, we believe that the company is prudent in making acquisitions that could support revenue growth in the coming quarters. Last week, Paychex acquired expense management business (\""ExpenseWire\"") of Rearden Commerce Inc. for an undisclosed sum. Expense Management is an integral part of Paychex's HR Services segment. Hence, we believe that the addition of new capabilities would attract professional employer organizations, thus generating revenue growth. Earlier this year, Paychex acquired online and PC-based time and attendance solutions provider, Icon Time Systems Inc. for an undisclosed amount. The acquisition has supported growth within Paychex's Payroll Service segment. The company's initiative for boosting revenue growth through acquisitions is encouraging. Also, the improving trend in small and medium business (SMB) IT spending could pave the way for Paychex in the coming quarters. However, low hiring in the SMB sector (leading to lower checks per client) and lack of new business wins has come in the way of solid revenue growth. We also remain concerned regarding stiff competition from Automatic Data Processing Inc. and Intuit Inc. ( INTU ). Currently, Paychex has a Zacks #4 Rank, (Sell), while both Intuit and ADP have Zacks #3 Rank (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 money moves a true-blue bull is making now BMO\u2019s Belski cheers dividend payers and likes industrials, energy Brian Belski, chief investment strategist at BMO Capital Markets, says the coming year will be positive for U.S. stocks. He highlights five areas of the market for investors to consider.""]" ADP,2012-12-18,40.7907,41.0698,40.3202,40.9169,"Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for December 20, 2012 S imulations Plus, Inc. ( SLP ) has announced an ex-dividend date of December 20, 2012 and a cash dividend payment of $0.14 per share scheduled for December 28, 2012. Shareholders who purchased SLP stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $4.27, the dividend yield is 39.34%. The previous trading day's last sale of SLP was $4.27, representing a -12.68% decrease from the 52 week high of $4.89 and a 46.23% increase over the 52 week low of $2.92. SLP is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). SLP's current earnings per share, an indicator of a company's profitability, is $.18. Zacks Investment Research reports SLP's forecasted earnings growth in 2013 as 19.44%, compared to an industry average of 4.1%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-12-19,41.0363,41.1299,40.7,40.8193,"[""Automatic Data Processing Spikes Lower"", ""Automatic Data Processing Spikes Lower"", ""Automatic Data Processing Spikes Lower""]" ADP,2012-12-20,40.7848,40.9998,40.5432,40.9919,"Paychex Posts Modest 2Q - Analyst Blog Paychex Inc. ( PAYX ) reported second-quarter fiscal 2013 earnings of 41 cents per share, matching the Zacks Consensus Estimate. The quarter's result was 4.9% above the year-ago level. Revenues Paychex reported second-quarter 2013 revenues of $569.4 million, up 4.3% from $545.7 million in the year-ago quarter. The quarter's revenue was below the Zacks Consensus Estimate of $574.0 million. Payroll Service segment revenue increased 1.4% year over year to $377.0 million. Client disruptions from Hurricane Sandy led to modest Payroll growth. Checks per payroll grew 1.2% from the year-ago quarter. Human Resource Services segment generated $182.4 million in revenues, up 11.7% from the prior-year quarter. The improvement was mainly attributable to client growth and price increases, partially offset by lower contribution from professional employer organization and unfavorable product mix. Operating Results In the second quarter, Paychex incurred total expenses of $339.4 million, up 3.5% from the year-ago quarter. The rise was mainly due to higher selling, general and administrative expenses. Operating income was $230.0 million, up 5.6% from the year-ago period, attributable to modest revenue growth supported by better cost management. Operating margin was 44.0% versus 43.9% in the year-ago quarter. Net income of $147.9 million in the reported quarter reflected a 5.3% increase from $140.4 million in the prior-year quarter. Net income per diluted share was 41 cents compared with 39 cents in the year-ago quarter. There was no one-time item during the quarter. Balance Sheet Paychex exited the second quarter with cash and cash equivalents of $122.6 million, down from $149.0 million at the end of the prior quarter. Corporate investments decreased 26.2% sequentially to $178.6 million. Additionally, interest on funds held for clients decreased 6.5% year over year to $10.0 million as a result of lower average interest rates earned, partly offset by an increase in average investment balances. Paychex has no long-term debt. Guidance Keeping in view the current market and economic conditions, Paychex believes that checks per client will moderate for fiscal 2013, which will be partially offset by modest client growth and improved revenue per check. Also, Human Resources organic revenue growth will follow the historical trend. Financial guidelines were maintained for fiscal 2013. For fiscal 2013, Paychex expects a 2-3% increase in Payroll Service revenues from the year-ago quarter. Human Resource Services revenues are expected to increase in the range of 9.0% to 11.0%. Total service revenue will likely grow in the range of 5% to 6%. The company expects a 6-8% decline in interest on funds held for clients and 0-5% upside in net investment income. Interest on funds held for clients and investment income for fiscal 2013 are expected to be impacted by the low interest rate environment. However, investment of cash generated from operations is expected to persist, thus increasing investment income. Net operating income as a percentage of service revenue is estimated at 37.0% for fiscal 2013. The effective income tax rate is expected to be 36.0%. Net income is expected to grow in the range of 5% to 7%. Our Take Paychex' second quarter results were modest, with the bottom line matching the Zacks Consensus Estimate and the top line missing the same. Fiscal 2013 guidance was disappointing reflecting macro uncertainties. We are encouraged by management's commentary regarding continued investments in product development and focus toward building sales force to support revenue growth. But lingering unemployment situation, strict interest rates and stiff competition from Automated Data Processing ( ADP ) and Insperity ( NSP ) keep us concerned. However, Paychex' zero European exposure will be beneficial for the company. Currently, Paychex has a Zacks # 3 Rank (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-12-21,40.6004,40.8864,40.193,40.4395,"[""Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for December 26, 2012 C omputer Sciences Corporation ( CSC ) has announced an ex-dividend date of December 26, 2012 and a cash dividend payment of $0.2 per share scheduled for January 18, 2013. Shareholders who purchased CSC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that CSC has paid the same dividend. At the current stock price of $39.91, the dividend yield is 2%. The previous trading day's last sale of CSC was $39.91, representing a -1.77% decrease from the 52 week high of $40.63 and a 79.9% increase over the 52 week low of $22.19. CSC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). CSC's current earnings per share, an indicator of a company's profitability, is -$8.89. Zacks Investment Research reports CSC's forecasted earnings growth in 2013 as 25.95%, compared to an industry average of 18%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Interested in gaining exposure to CSC through an Exchange Traded Fund [ETF]? The following ETF(s) have CSC as a top-10 holding: Guggenheim S&P 500 Pure Value ETF ( RPV ) WisdomTree MidCap Earnings Fund ( EZM ). The top-performing ETF of this group is RPV with an increase of 20.03% over the last 100 days. It also has the highest percent weighting of CSC at 2.14%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Oracle Expands Cloud, Buys Eloqua - Analyst Blog Oracle Corp. ( ORCL ) is aggressively building its position in the cloud-computing arena through strategic acquisitions. After acquiring cloud-based service providers RightNow Technologies in January and Taleo Corp in April this year, Oracle recently announced the acquisition of Eloqua Inc. ( ELOQ ) for approximately $871.0 million. Virginia-based Eloqua develops cloud-based automated marketing solutions. Eloqua software helps businesses monitor marketing and sales initiatives. Its tools are also used by marketing departments to analyze online behavior and buying preferences in order to find prospective customers. According to Reuters, Eloqua has a strong customer base, which comprises Automatic Data Processing Inc. ( ADP ), AON Plc, Dow Jones, Polycom Inc. and National Instruments Corp. The company also has an online sales partnership with Salesforce.com Inc. ( CRM ), one of the major competitors of Oracle in the automated marketing software market. Eloqua earned revenue of $23.8 million in the recently concluded third quarter of 2012. In August 2012, Eloqua completed its initial public offering (\""IPO\"") that generated net proceeds of approximately $87.7 million. Oracle's offer price of $23.50 per share is double that of Eloqua's IPO price of $11.50 per share and represents a 31% premium to its December 19 closing price of $17.92. Following the announcement, Eloqua share price surged 32.0% to close at $23.66 on December 20, 2012. According to data from Bloomberg, Oracle's offer price equates to more than 9 times Eloqua's trailing 12 months sales, a premium compared to 6.3 times for RightNow and 7.1 times for Taleo. As Oracle is comparatively a late entrant in the cloud-computing market, we believe that the company is paying a premium to boost its product portfolio in order to catch up with Salesforce and IBM ( IBM ). According to market research firm Gartner, marketing is one of the four fastest growing areas of enterprise sales applications on the SaaS (software-as-a-service) platform. Gartner projects a robust increase in marketing spending due to improving e-commerce sales, higher adoption of social networks, rapid usage of mobile devices and improving marketing effectiveness. We believe that higher spending on marketing bodes well for Oracle, as strong demand for Eloqua's revenue performance management application will boost its top-line. Oracle intends to integrate Eloqua into its Oracle Marketing Cloud and it will be an important addition to Oracle's customer experience portfolio. We expect Oracle to continue pursuing strategic acquisitions of technology start-ups that can be easily synchronized with its product lines. These acquisitions will help Oracle to expand its customer base over the long term. The strategic acquisitions will also help Oracle to reduce competition by eliminating rival products going forward. However, we believe that competition remains stiff for Oracle, which will limit its growth abilities going forward. Oracle's hardware business continues to decline, putting massive pressure on the software side to perform consistently in order drive to growth. In such a scenario, cut-throat competition and sluggish IT spending will hurt profitability going forward. We remain Neutral on a long-term basis. Currently, Oracle has a Zacks #3 Rank (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report SALESFORCE.COM (CRM): Free Stock Analysis Report ELOQUA INC (ELOQ): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2012-12-24,40.3282,40.4959,40.1555,40.3686,"Amdocs Limited (DOX) Ex-Dividend Date Scheduled for December 27, 2012 A mdocs Limited ( DOX ) has announced an ex-dividend date of December 27, 2012 and a cash dividend payment of $0.13 per share scheduled for January 18, 2013. Shareholders who purchased DOX stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $34.3, the dividend yield is 1.52%. The previous trading day's last sale of DOX was $34.3, representing a -2.06% decrease from the 52 week high of $35.02 and a 22.94% increase over the 52 week low of $27.90. DOX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). DOX's current earnings per share, an indicator of a company's profitability, is $2.32. Zacks Investment Research reports DOX's forecasted earnings growth in 2013 as 12.02%, compared to an industry average of 7.5%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 4.92% over the last 100 days. It also has the highest percent weighting of DOX at 4.89%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2012-12-26,40.3686,40.5046,39.9445,40.1044,"[""Innovative Solutions and Support, Inc. (ISSC) Ex-Dividend Date Scheduled for December 28, 2012 I nnovative Solutions and Support, Inc. ( ISSC ) has announced an ex-dividend date of December 28, 2012 and a cash dividend payment of $1.5 per share scheduled for December 27, 2012. Shareholders who purchased ISSC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 50% increase over the prior year. At the current stock price of $4.94, the dividend yield is 121.51%. The previous trading day's last sale of ISSC was $4.94, representing a -8.72% decrease from the 52 week high of $5.41 and a 63.51% increase over the 52 week low of $3.02. ISSC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). ISSC's current earnings per share, an indicator of a company's profitability, is $.19. Zacks Investment Research reports ISSC's forecasted earnings growth in 2013 as 216.67%, compared to an industry average of 5.3%. For more information on the declaration, record and payment dates, visit the ISSC Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Don't Give Up on Dividend Stocks T. Rowe Price's Tom Huber says worries about dividend-tax hikes are overblown. Here are a few of his favorite picks.""]" ADP,2012-12-27,40.1111,40.1704,39.5106,39.9534, ADP,2012-12-28,39.6388,40.0363,39.5332,39.5609, ADP,2012-12-31,39.3203,40.0363,39.3203,39.983, ADP,2013-01-02,41.1132,41.1192,40.556,41.0066, ADP,2013-01-03,41.2621,41.3163,40.556,41.1694,"[""What Fiscal Cliff? - Analyst Blog What Fiscal Cliff? This morning's payroll report from ADP ( ADP ) provided a big positive surprise in the private sector job market: December saw growth of 215K jobs, much higher than the 149K expected. In addition, November's ADP numbers were revised upward from 118K to 138K. So, as I said, What Fiscal Cliff? We'd seen evidence of businesses cutting back on capital spending in the wake of fiscal cliff uncertainty, but apparently this has not translated to company payrolls, at least not in December. In addition, with a 39K gain in construction jobs, we see that the economic recovery being bolstered by the housing market -- no doubt spurred by post-Sandy building -- continues unabated. As of now, Friday's Bureau of Labor Statistics (BLS) non-farm payroll report is expected to be 150K new jobs in December. But this big ADP surprise may cause analysts to take a second look before tomorrow morning's BLS report. In recent months, the ADP and BLS reports have been pretty closely aligned. Weekly jobless claims were also released this morning, rising 10K to 372K. This is above the 4-week average of 360K, but still within our post-Sandy range. The holiday season is also a very difficult one to see an adequate reflection of the overall jobs market. Even more, jobless claims data from 9 states were estimated for this morning's report due to holiday-related issues. Yesterday, the Dow gained 300 points and the Nasdaq shot up 3%. It seems to have become clear that the fiscal cliff resolution passed by Congress -- no matter how temporary or flimsy -- has created an early new year relief rally. Will it continue today and tomorrow? According to the quite rosy employment data this morning, chances look pretty good. AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Wall Street - Jan 3, 2013 - Ahead of Wall Street January 3, 2013 (This is Mark Vickery substituting for Sheraz Mian while he is away this week.) What Fiscal Cliff? This morning's payroll report from ADP ( ADP ) provided a big positive surprise in the private sector job market: December saw growth of 215K jobs, much higher than the 149K expected. In addition, November's ADP numbers were revised upward from 118K to 138K. So, as I said, What Fiscal Cliff? We'd seen evidence of businesses cutting back on capital spending in the wake of fiscal cliff uncertainty, but apparently this has not translated to company payrolls, at least not in December. In addition, with a 39K gain in construction jobs, we see that the economic recovery being bolstered by the housing market -- no doubt spurred by post-Sandy building -- continues unabated. As of now, Friday's Bureau of Labor Statistics (BLS) non-farm payroll report is expected to be 150K new jobs in December. But this big ADP surprise may cause analysts to take a second look before tomorrow morning's BLS report. In recent months, the ADP and BLS reports have been pretty closely aligned. Weekly jobless claims were also released this morning, rising 10K to 372K. This is above the 4-week average of 360K, but still within our post-Sandy range. The holiday season is also a very difficult one to see an adequate reflection of the overall jobs market. Even more, jobless claims data from 9 states were estimated for this morning's report due to holiday-related issues. Yesterday, the Dow gained 300 points and the Nasdaq shot up 3%. It seems to have become clear that the fiscal cliff resolution passed by Congress -- no matter how temporary or flimsy -- has created an early new year relief rally. Will it continue today and tomorrow? According to the quite rosy employment data this morning, chances look pretty good. Mark Vickery Senior Editor AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-01-04,41.3094,41.6408,41.123,41.5314, ADP,2013-01-07,41.3094,41.4998,41.0363,41.3696, ADP,2013-01-08,41.2877,41.6625,41.1536,41.6122,"EPIQ Systems, Inc. (EPIQ) Ex-Dividend Date Scheduled for January 10, 2013 E PIQ Systems, Inc. ( EPIQ ) has announced an ex-dividend date of January 10, 2013 and a cash dividend payment of $0.09 per share scheduled for February 15, 2013. Shareholders who purchased EPIQ stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EPIQ has paid the same dividend. The previous trading day's last sale of EPIQ was $12.6, representing a -8.43% decrease from the 52 week high of $13.76 and a 23.41% increase over the 52 week low of $10.21. EPIQ is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). EPIQ's current earnings per share, an indicator of a company's profitability, is $.56. Zacks Investment Research reports EPIQ's forecasted earnings growth in 2012 as 11.84%, compared to an industry average of -.8%. For more information on the declaration, record and payment dates, visit the EPIQ Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-01-09,41.7158,41.7296,41.347,41.5126,"SAIC Inc (SAI) Ex-Dividend Date Scheduled for January 11, 2013 S AIC Inc ( SAI ) has announced an ex-dividend date of January 11, 2013 and a cash dividend payment of $0.12 per share scheduled for January 30, 2013. Shareholders who purchased SAI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that SAI has paid the same dividend. The previous trading day's last sale of SAI was $11.86, representing a -16.48% decrease from the 52 week high of $14.20 and a 15.09% increase over the 52 week low of $10.31. SAI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). SAI's current earnings per share, an indicator of a company's profitability, is $.51. Zacks Investment Research reports SAI's forecasted earnings growth in 2013 as 14.18%, compared to an industry average of 1.6%. For more information on the declaration, record and payment dates, visit the SAI Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-01-10,41.772,41.7779,41.415,41.6625, ADP,2013-01-11,42.1388,42.1388,41.5649,41.7296, ADP,2013-01-14,41.7296,41.8242,41.554,41.7226, ADP,2013-01-15,41.6478,41.6556,41.3696,41.5324, ADP,2013-01-16,41.6319,41.6892,41.2917,41.3163, ADP,2013-01-17,41.5471,41.6822,41.3696,41.554, ADP,2013-01-18,41.6191,41.9485,41.4919,41.9416, ADP,2013-01-22,41.8923,42.1201,41.6261,42.1131, ADP,2013-01-23,42.1201,42.1201,41.7226,41.8312, ADP,2013-01-24,41.984,42.1201,41.7433,41.9337, ADP,2013-01-25,42.1271,42.1388,41.8124,42.06, ADP,2013-01-28,42.1388,42.1388,41.8706,41.8873, ADP,2013-01-29,41.8439,42.3776,41.6695,42.3272, ADP,2013-01-30,42.3155,42.3155,41.6753,41.7651,"[""Radio update: Private sector adds 192,000 jobs The latest money news from Ann Cates, including economic contraction for the first time since the last recession."", ""Radio Update: Twinkies won't return anytime soon The latest money news from Adrienne Mitchell including projection of when Twinkies could be back in stores.""]" ADP,2013-01-31,41.6695,41.9781,41.6191,41.6408, ADP,2013-02-01,42.052,42.6418,41.984,42.5945,"Q4 Earnings: Past the Halfway Mark - Earnings Preview Stocks are up - really up - to levels not seen since the fall of 2007. We don't want to remember what came after 2007, but it's going to be 'different this time'. It always is, isn't it? The market represents the collective wisdom of all investors. And it is telling us that it may be cloudy right now, but there are bluer skies on the horizon. The economy may not be growing that much; there may not be that many jobs and companies may not be able to increase their profits that much, but don't let that bother you at all. The market is saying that in just a few short quarters, everything will start looking up. The economy will be humming and corporate profits will be up again. This has everybody excited, mom and pop investors are back, and nobody wants to be left behind. It's funny how funds kept going out of stocks for more than four years, but have now finally found the sense to 'get back in the game' just at the 'right' moment. Back in the day, they used to consider this very fact a contrarian indicator. But it's 'different this time'. I digress. I am supposed to tell you about Q4 earnings, even though nobody seems to care much about earnings anymore. Unless of course it's Apple's ( AAPL ) earnings, then everybody cares. Apple's fairytale run through September last year seems so unbelievable in hindsight. But everyone gets it now - it seems so obvious, as it always is. What if we are on a similar journey with the entire stock market now? I can almost hear the explanations that will be coming our way once that happens - of how the market gains were unsupported by underlying fundamentals. But that's for another day; no point spoiling the fun at this stage. Before you start accusing me of giving you a misleading headline, let me give you the details of where we stand with the Q4 earnings season and what's on deck for this week. We have crossed the halfway mark in the Q4 earnings season - with results from 254 S&P 500 companies already out as of Friday, February 1, 2013. Please note that these 254 companies are more than just 50.8% of the index's total membership - they account for 65.1% of the index's total market capitalization and bring in 68.7% of all Q4 earnings. In other words, while there are still plenty of reports to come, we have seen more than two-thirds of Q4 earnings already. This week brings in results from 471 companies, including 88 S&P 500 members. This includes operators like Yum Brands ( YUM ), Disney ( DIS ), Time Warner ( TWX ), Chipotle ( CMG ), and many others. By the end of this week, we will have Q4 earnings reports from 342 S&P 500 companies or 68.4% of the index's total membership. But we have a fairly good idea already of how the Q4 earnings season has turned out. The reality is that the Q4 earnings season has turned out to be not as bad as many of us suspected. Leaving aside anemic earnings growth, on most other metrics the fourth quarter reporting season is quite good. Not only are the ratio and magnitude of surprises better than the previous quarter and comparable to the last many, but the tone of management guidance has also been on the reassuring side. Total earnings for the 254 S&P 500 companies that have come out with Q4 results are up +2.7% from the same period last year, with 66.1% of the companies beating expectations with a median surprise of +2.9%. There is no growth on the revenue side (actually up +0.03%), but plenty of companies came ahead of revenue expectations - the revenue beat ratio stands at 60.6% and the median revenue surprise is +0.9%. In terms of growth, the 'beat ratio' and median surprise, the Q4 season thus far is better than what this same group of companies did in the third quarter and in line with the average for the last four quarters. We should keep in mind, however, that the Finance sector is keeping the aggregate growth rate in the positive column. Excluding Finance, total earnings would be down -1.3% while total revenues would be down -0.9%. The earnings growth of +2.7% for the 254 companies is better than what these same companies reported in the third quarter, but is lower compared historical averages. The most notable variance relative to the third quarter is in the performance of the Basic Materials and Energy sectors. With Exxon ( XOM ) and Chevron ( CVX ) results already out, we can safely say now that the Energy sector will have positive earnings growth this quarter after negative growth for the last several quarters. Total earnings for the 45.2% of Energy sector companies that have already reported Q4 results (these companies account for 85.3% of the sector's total Q4 earnings) are up +7.1%. Total earnings for the Basic Materials sector are up +20.7%, which follows a -25.3% decline in the previous quarter and a 4-quarter average earnings drop of -21%. The composite growth rate for Q4, where we combine the reports that have come out with those still to come, is +1.6% for earnings and +0.4% for total revenues. These would be better than the flat finish in the previous quarter, but not in any material sense. In fact, earnings growth essentially flat-lined in the last two quarters of 2012. Expectations for the coming quarters have come down, but they still represent a meaningful improvement from what we saw in 2012. Total earnings are expected to be down -2% in the first quarter, up +4.4% in the second quarter, up +7.6% in the third quarter and up +12.4% in the fourth quarter of 2013. For full years, total earnings are expected to be up +7% in 2013 and +11.5% in 2014. (For a detailed look on how the fourth quarter earnings season has fared thus far, please check out our weekly Earnings Trends report) Monday-2/4 We have the December Factory Orders coming out in the morning, with expectations of +2.8% gain after the 'unchanged' reading in November. The key earnings reports include Gannett ( GCI ), Humana ( HUM ) and Simon Property ( SPG ) in the morning and Yum Brands ( YUM ) after the close. Tuesday -2/5 We will get the January non-manufacturing ISM index in the morning, with expectations of a modest pullback from December's 55.7 level. We have a busy day on the earnings front, with Archer Daniels Midland ( ADM ), Automatic Data Processing ( ADP ), and Eaton Corp ( ETN ) reporting in the morning, while Disney ( DIS ) and Chipotle Mexican Grill ( CMG ) will report after the close. Zacks ESP , our proprietary leading indicator of earnings surprises, is showing ADM coming out with an earnings beat. Wednesday-2/6 Cummins ( CMI ), Time Warner ( TWX ), and Ralph Lauren ( RL ) are the key reports in the morning, while News Corp ( NWS ), Visa ( V ), and Allstate ( ALL ) report after the close. Zacks ESP is showing Cummins, Ralph Lauren, and Visa coming out with positive earnings surprises. Thursday -2/7 We will get the weekly Jobless Claims numbers, which have been very 'jumpy' lately - rising last week after falling sharply the preceding two weeks. It will be interesting to see what we get this week. Sprint ( S ) and Starwood Hotels ( HOT ) will report in the morning, while Hasbro ( HAS ) will report after the close. Friday-2/8 We will get the December Trade Deficit numbers in the morning, with expectations of a decline from the November level. Moody's ( MCO ), Louisiana Pacific ( LPX ) and Beacon Roofing ( BECN ) are the major reports of the day, all in the morning. Here is a list of the 471 companies reporting this week, including 88 S&P 500 members. Company Ticker Current Qtr Year-Ago Qtr Last EPS Surprise % Report Day Time ACME PACKET INC APKT -0.05 0.13 -75 Monday AMC ACTUATE CORP BIRT 0.05 0.1 -55.56 Monday AMC ADV ENERGY INDS AEIS 0.16 0.01 5.26 Monday AMC ADVENT SOFTWARE ADVS 0.2 0.17 0 Monday AMC ANADARKO PETROL APC 0.7 0.85 10.53 Monday AMC ARRAY BIOPHARMA ARRY -0.14 -0.06 13.33 Monday AMC ATA INC-ADR ATAI 0.28 0.26 14.29 Monday AMC AXCELIS TECH ACLS -0.07 -0.01 12.5 Monday AMC AXIS CAP HLDGS AXS -1.17 0.53 61.39 Monday AMC BAIDU INC BIDU 1.28 0.93 7.87 Monday AMC BANCO SANT -ADR BSAC 0.47 0.42 -34.29 Monday AMC BCD SEMICON-ADR BCDS 0.11 0.08 42.86 Monday AMC BENCHMARK ELETR BHE 0.3 0.17 3.33 Monday BTO BOTTOMLINE TECH EPAY 0.12 0.18 50 Monday AMC BRE PROPERTIES BRE 0.6 0.57 3.33 Monday AMC BRISTOW GROUP BRS 0.88 0.76 -4.76 Monday AMC CALAMOS ASSET-A CLMS 0.2 0.3 55 Monday AMC CARBONITE INC CARB -0.11 -0.23 47.62 Monday AMC CHANGYOU.COM CYOU 1.31 1.31 6.82 Monday BTO CLICKSOFTWARE CKSW 0.12 0.14 25 Monday BTO CLOROX CO CLX 0.81 0.82 6.32 Monday BTO CREDICORP LTD BAP 2.42 2.37 19.75 Monday AMC EDWARDS LIFESCI EW 0.77 0.62 3.57 Monday AMC FABRINET FN 0.33 0.13 17.86 Monday AMC GANNETT INC GCI 0.88 0.72 3.7 Monday BTO GENL GRWTH PPTY GGP 0.29 0.29 0 Monday AMC GILEAD SCIENCES GILD 0.45 0.46 5.56 Monday AMC HARMONY GOLD HMY 0.12 0.32 -107.41 Monday N/A HARTFORD FIN SV HIG 0.3 0.69 -4.88 Monday AMC HILLENBRAND INC HI 0.38 0.4 13.64 Monday AMC HOLOGIC INC HOLX 0.37 0.34 2.78 Monday AMC HOMESTREET INC HMST 1.22 1.3 51.04 Monday BTO HUMANA INC NEW HUM 1.07 1.12 17.56 Monday BTO ICU MEDICAL INC ICUI 0.79 0.7 18.84 Monday AMC INGLES MARKET A IMKTA 0.34 0.43 17.02 Monday BTO INPHI CORP IPHI -0.05 -0.04 50 Monday AMC INTERACT INTELL ININ 0.14 0.3 133.33 Monday AMC KIMBALL INTL B KBALB 0.16 0.11 -13.33 Monday BTO LEGGETT & PLATT LEG 0.29 0.22 18.42 Monday AMC LIFE TECHNOLOGS LIFE 1.11 1.05 3.37 Monday AMC LUMINEX CORP LMNX 0.1 0.11 -42.86 Monday AMC MERCURY GENL CP MCY 0.25 0.59 10.71 Monday BTO MWI VET SUPPLY MWIV 1.19 1.05 2.06 Monday BTO NANOMETRICS INC NANO -0.15 0.1 600 Monday AMC NAVARRE CORP NAVR 0.05 -0.16 200 Monday AMC PETROBRAS-ADR C PBR 0.58 0.45 -37.31 Monday N/A POST PPTYS INC PPS 0.65 0.53 22.58 Monday AMC POWER INTGRATIO POWI 0.32 0.23 5.71 Monday AMC RANDGOLD RSRCS GOLD 1.59 1.25 -13.28 Monday BTO REGAL BELOIT RBC 0.74 0.93 -3.65 Monday AMC ROYAL CARIBBEAN RCL 0.06 0.17 15.86 Monday BTO RUDOLPH TECH RTEC 0.16 0.12 4.76 Monday AMC SILICON MOTION SIMO 0.31 0.37 21.05 Monday AMC SIMON PROPERTY SPG 2.17 1.91 3.65 Monday BTO SKY-MOBI LTD MOBI -0.01 0.03 -100 Monday BTO SOHU.COM INC SOHU 0.54 1.28 59.52 Monday BTO SOLARWINDS INC SWI 0.29 0.26 14.29 Monday AMC SYMETRA FINL CP SYA 0.34 0.38 -2.94 Monday AMC SYSCO CORP SYY 0.41 0.46 16 Monday BTO TORCHMARK CORP TMK 1.31 1.25 0 Monday AMC TRANSDIGM GROUP TDG 0.91 1.29 0 Monday BTO WESTELL TECH-A WSTL -0.04 -0.01 -50 Monday AMC YUM! BRANDS INC YUM 0.81 0.75 2.06 Monday AMC ACADIA RLTY TR AKR 0.28 0.25 0 Tuesday AMC AECOM TECH CORP ACM 0.33 0.42 1.22 Tuesday BTO AFLAC INC AFL 1.48 1.48 6.63 Tuesday AMC AGCO CORP AGCO 0.98 1.44 -4.95 Tuesday BTO ALLERGAN INC AGN 1.19 1 1.92 Tuesday BTO ALLIANT TECHSYS ATK 1.7 2.28 25.68 Tuesday BTO ALLOT COMM LTD ALLT 0.17 0.12 22.22 Tuesday BTO ARCH COAL INC ACI -0.14 0.29 233.33 Tuesday BTO ARCHER DANIELS ADM 0.59 0.51 13.64 Tuesday BTO ARM HOLDNGS ADR ARMH 0.16 0.12 0 Tuesday BTO ASSOC ESTATES AEC 0.33 0.26 3.23 Tuesday AMC ASTRONICS CORP ATRO 0.39 0.52 -25 Tuesday BTO AUTOMATIC DATA ADP 0.71 0.68 0 Tuesday BTO BARRY R G CORP DFZ 0.51 0.56 N/A Tuesday BTO BECTON DICKINSO BDX 1.23 1.17 1.43 Tuesday BTO BIOMED RLTY TR BMR 0.34 0.3 6.25 Tuesday AMC BP PLC BP 1.05 1.58 25.58 Tuesday BTO CALIX INC CALX -0.05 -0.01 37.5 Tuesday AMC CARDINAL HEALTH CAH 0.85 0.81 2.53 Tuesday BTO CASCADE MICRO CSCD 0.1 0.01 0 Tuesday AMC CBL&ASSOC PPTYS CBL 0.58 0.6 8 Tuesday AMC CENTENE CORP CNC 0.33 0.57 0 Tuesday BTO CERNER CORP CERN 0.6 0.53 1.82 Tuesday AMC CH ROBINSON WWD CHRW 0.7 0.67 -1.37 Tuesday AMC CHIPOTLE MEXICN CMG 1.95 1.81 -1.3 Tuesday AMC CHURCH & DWIGHT CHD 0.57 0.53 11.86 Tuesday BTO CME GROUP INC CME 0.63 0.71 1.45 Tuesday AMC COMP SCIENCE CSC 0.63 1.35 76.6 Tuesday BTO CONCEPTUS INC CPTS 0.12 -0.02 40 Tuesday AMC CSG SYS INTL CSGS 0.41 0.58 10.26 Tuesday AMC DAWSON GEOPHYS DWSN 0.31 0.23 -51.61 Tuesday BTO DELPHI AUTO PLC DLPH 0.87 0.88 18.06 Tuesday BTO DIAMOND OFFSHOR DO 1.1 1.36 26.73 Tuesday BTO DISNEY WALT DIS 0.77 0.8 0 Tuesday AMC EATON CORP PLC ETN 0.94 1.08 -2.73 Tuesday BTO EGAIN COMM CORP EGAN -0.06 -0.01 -1300 Tuesday AMC EMERSON ELEC CO EMR 0.62 0.5 5.71 Tuesday BTO ENTROPIC COMMUN ENTR 0.05 0.08 33.33 Tuesday AMC EQUITY RESIDENT EQR 0.75 0.65 -3.95 Tuesday AMC ESTEE LAUDER EL 1.04 1.01 2.6 Tuesday BTO EXPEDIA INC EXPE 0.55 0.5 4.27 Tuesday AMC FIRST BNCRP P R FBP 0.1 1.35 125 Tuesday BTO FISERV INC FISV 1.41 1.27 0 Tuesday AMC GENWORTH FINL GNW 0.25 0.17 31.58 Tuesday AMC GLU MOBILE INC GLUU -0.11 -0.04 55.56 Tuesday AMC HAIN CELESTIAL HAIN 0.69 0.52 2.56 Tuesday AMC HANESBRANDS INC HBI 1 0.41 5.71 Tuesday AMC HNI CORP HNI 0.43 0.41 0 Tuesday AMC HORACE MANN EDS HMN 0.35 0.72 55 Tuesday AMC IDEX CORP IEX 0.67 0.64 3.13 Tuesday BTO IEC ELECTRS NEW IEC 0.16 0.09 -4.76 Tuesday BTO INERGY LP NRGY 0.1 0.17 83.33 Tuesday BTO INFINERA CORP INFN -0.16 -0.18 15 Tuesday AMC JACK HENRY ASSC JKHY 0.5 0.44 6.52 Tuesday AMC JIVE SOFTWARE JIVE -0.23 -0.37 0 Tuesday AMC K12 INC LRN 0.23 0.11 -21.43 Tuesday BTO KELLOGG CO K 0.65 0.64 7.5 Tuesday BTO KFORCE INC KFRC 0.22 0.2 8.33 Tuesday AMC KIMCO REALTY CO KIM 0.31 0.3 0 Tuesday AMC KKR FINL HLDGS KFN 0.38 0.43 45.24 Tuesday AMC KNOLL INC KNL 0.29 0.37 -13.33 Tuesday BTO LACLEDE GRP INC LG 1.09 1.11 112.5 Tuesday BTO LENNOX INTL INC LII 0.56 0.51 1.04 Tuesday BTO LIBERTY PPTY TR LRY 0.63 0.63 1.59 Tuesday BTO LITTELFUSE INC LFUS 0.84 0.67 0.93 Tuesday BTO MAGELLAN MDSTRM MMP 0.65 0.51 -20.45 Tuesday BTO MARKEL CORP MKL -2.7 4.49 8.01 Tuesday BTO MAXLINEAR INC-A MXL -0.07 -0.11 200 Tuesday AMC MDU RESOURCES MDU 0.39 0.39 -2.56 Tuesday N/A MEASUREMNT SPCL MEAS 0.37 0.3 4 Tuesday AMC MUELLER WATER MWA -0.01 -0.07 -25 Tuesday AMC MULTI-COLOR LABL 0.43 0.31 -10.91 Tuesday N/A MYRIAD GENETICS MYGN 0.38 0.33 12.5 Tuesday AMC NEUSTAR INC -A NSR 0.72 0.44 12.5 Tuesday AMC NORTH AMER EGY NOA 0.09 -0.05 150 Tuesday AMC NYSE EURONEXT NYX 0.39 0.5 7.32 Tuesday BTO OFFICIAL PAYMNT OPAY -0.04 -0.1 14.29 Tuesday AMC ONEBEACON INSUR OB 0.13 0.16 -468 Tuesday BTO ORION ENERGY SY OESX 0 0 -200 Tuesday AMC PACIFIC BIOSCI PACB -0.37 -0.42 6.82 Tuesday AMC PANERA BREAD CO PNRA 1.74 1.42 4.2 Tuesday AMC PANTRY INC PTRY -0.13 -0.11 -400 Tuesday BTO PIKE ELECTRIC PIKE 0.24 0.14 116.67 Tuesday AMC POWELL INDS POWL 0.59 -0.15 47.76 Tuesday AMC RESOURCE AMER-A REXI -0.08 -0.2 106.67 Tuesday AMC SHUTTERFLY INC SFLY 1.01 1.04 53.66 Tuesday AMC SILICON IMAGE SIMG 0.01 0.03 50 Tuesday AMC SIRIUS XM RADIO SIRI 0.02 0.01 0 Tuesday BTO SPECTRA EGY PTR SEP 0.37 0.38 26.32 Tuesday BTO SPECTRA ENERGY SE 0.33 0.44 -12.9 Tuesday BTO SUNCOKE ENERGY SXC 0.34 0.29 15.38 Tuesday BTO SUNCOR ENERGY SU 0.8 0.91 13.33 Tuesday AMC TAKE-TWO INTER TTWO 0.5 0.16 113.04 Tuesday AMC TEAM HEALTH HLD TMH 0.36 0.32 10 Tuesday AMC TECHNE CORP TECH 0.76 0.76 -5.06 Tuesday BTO TECO ENERGY TE 0.21 0.25 13.51 Tuesday BTO THORATEC CORP THOR 0.33 0.31 33.33 Tuesday AMC TOYOTA MOTOR CP TM 1.35 0.67 24.69 Tuesday BTO TRIMBLE NAVIGAT TRMB 0.5 0.46 8.77 Tuesday AMC UBS AG UBS 0.14 0.11 -78.85 Tuesday BTO UDR INC UDR 0.33 0.35 0 Tuesday BTO ULTIMATE SOFTWR ULTI 0.28 0.07 -11.11 Tuesday AMC UNUM GROUP UNM 0.78 0.78 3.9 Tuesday AMC UROLOGIX INC ULGX -0.05 -0.07 16.67 Tuesday AMC USANA HLTH SCI USNA 1.21 0.87 11.32 Tuesday AMC VASCULAR SOLUTN VASC 0.17 0.13 6.67 Tuesday AMC VISHAY INTERTEC VSH 0.08 0.15 -34.78 Tuesday BTO VITESSE SEMICON VTSS -0.16 -0.17 -33.33 Tuesday AMC VOCUS INC VOCS 0.03 0.07 50 Tuesday AMC ZYNGA INC ZNGA -0.04 0.05 62.5 Tuesday AMC ABIOMED INC ABMD 0.06 0.06 160 Wednesday BTO ACCURAY INC ARAY -0.34 -0.1 -15 Wednesday AMC ADEPT TECH INC ADEP -0.18 -0.09 -866.67 Wednesday AMC ADVISORY BOARD ABCO 0.25 0.23 4.17 Wednesday AMC AEROFLEX HOLDNG ARX 0.07 0.13 15.79 Wednesday BTO AGL RESOURCES GAS 1.03 0.87 -59.09 Wednesday BTO AKAMAI TECH AKAM 0.37 0.35 3.45 Wednesday AMC ALBANY INTL A AIN 0.31 0.33 8.33 Wednesday AMC ALLSTATE CORP ALL -0.07 1.48 26.96 Wednesday AMC AMERISTAR CASIN ASCA 0.37 0.21 0 Wednesday BTO ANDERSONS INC ANDE 0.89 1.17 221.43 Wednesday AMC APOLLO INV CP AINV 0.21 0.19 4.76 Wednesday BTO ARCELOR MITTAL MT -0.15 0.19 -616.67 Wednesday BTO ARGO GROUP INTL AGII -0.88 -0.34 9.26 Wednesday AMC ARRIS GROUP INC ARRS 0.25 0.17 -5.88 Wednesday AMC ASSURANT INC AIZ -0.31 1.65 10.79 Wednesday AMC ATMEL CORP ATML 0.03 0.07 20 Wednesday AMC ATMI INC ATMI 0.31 0.33 25.71 Wednesday BTO ATMOS ENERGY CP ATO 0.78 0.61 55.56 Wednesday AMC BADGER METER BMI 0.44 0.15 31.91 Wednesday AMC BOFI HLDG INC BOFI 0.7 0.55 4.69 Wednesday N/A BRANDYWINE RT BDN 0.29 0.32 0 Wednesday AMC CASH STORE FINL CSFS -0.02 0.06 200 Wednesday AMC CBRE GROUP INC CBG 0.49 0.46 -21.21 Wednesday AMC CINCINNATI FINL CINF 0.49 0.77 56.1 Wednesday AMC COMPASS MINERLS CMP 1.02 1.65 3.33 Wednesday BTO CONSOL GRAPHICS CGX 1.18 1.16 46.43 Wednesday BTO CON-WAY INC CNW 0.29 0.26 -23.73 Wednesday AMC COPA HLDGS SA-A CPA 2.27 1.93 4.76 Wednesday AMC CORP EXEC BRD CEB 0.62 0.59 60.87 Wednesday AMC COVANTA HOLDING CVA 0.23 0.26 0 Wednesday AMC COVENTRY HLTHCR CVH 0.67 0.58 8.33 Wednesday BTO CUMMINS INC CMI 1.74 2.56 -3.26 Wednesday BTO CVS CAREMARK CP CVS 1.1 0.89 1.19 Wednesday BTO DEVRY INC DV 0.57 0.92 58.06 Wednesday AMC DIGITAL RIVER DRIV 0.14 0.38 33.33 Wednesday AMC DUPONT FABROS DFT 0.4 0.37 -2.56 Wednesday BTO EAGLE MATERIALS EXP 0.43 0.2 4.26 Wednesday AMC ELAN CP PLC ADR ELN 0 -0.08 -37.5 Wednesday BTO EQUIFAX INC EFX 0.75 0.68 4.17 Wednesday AMC EVEREST RE LTD RE 0.29 -0.94 6.3 Wednesday AMC FBR & CO FBRC 0.14 -0.18 30.77 Wednesday BTO FEI COMPANY FEIC 0.7 0.63 7.58 Wednesday AMC FIFTH STREET FI FSC 0.27 0.27 0 Wednesday AMC FMC CORP FMC 0.81 0.79 1.28 Wednesday AMC FORMFACTOR INC FORM -0.33 -0.53 50 Wednesday AMC FOX CHASE BANCP FXCB 0.13 0.09 9.09 Wednesday BTO GENOMIC HEALTH GHDX 0.03 0.08 83.33 Wednesday AMC GILDAN ACTVWEAR GIL 0.3 -0.38 0 Wednesday AMC GLOBECOMM SYSTM GCOM 0.15 0.23 -7.69 Wednesday AMC GRACE (WR) NEW GRA 1.06 0.88 4 Wednesday N/A GREEN MTN COFFE GMCR 0.65 0.6 36.17 Wednesday AMC HANOVER INSURAN THG -1.76 1 7.46 Wednesday AMC IAC/INTERACTIV IACI 0.63 0.58 -7.84 Wednesday AMC INTERCONTINENTL ICE 1.75 1.76 4.07 Wednesday BTO INTL SHIPHLDG ISH 0.16 0.39 -60.32 Wednesday AMC INVESCO MORTGAG IVR 0.63 0.66 -100 Wednesday BTO IROBOT CORP IRBT -0.34 0.38 54.29 Wednesday AMC IXIA XXIA 0.18 0.16 -11.76 Wednesday AMC KEYW HOLDING CP KEYW 0.01 0.01 900 Wednesday AMC LEAPFROG ENTRPS LF 0.49 0.49 24.39 Wednesday AMC LINCOLN NATL-IN LNC 1.06 1 16.83 Wednesday AMC LPL FINL HLDGS LPLA 0.47 0.41 9.76 Wednesday BTO LRAD CORP LRAD 0.01 0.01 300 Wednesday AMC MACERICH CO MAC 0.87 0.83 4 Wednesday BTO MADISON SQUARE MSG 0.37 0.33 52.94 Wednesday BTO MARATHON OIL CP MRO 0.69 0.78 -1.54 Wednesday BTO MATRIX SERVICE MTRX 0.23 0.27 12.5 Wednesday AMC MELCO CROWN ENT MPEL 0.2 0.2 17.65 Wednesday BTO METTLER-TOLEDO MTD 3.2 2.88 6.67 Wednesday AMC MID-AMER APT CM MAA 1.15 1.07 0.91 Wednesday AMC MONEYGRAM INTL MGI 0.26 0.39 -3.7 Wednesday BTO MONOLITHIC PWR MPWR 0.09 0.07 -6.25 Wednesday AMC NETEASE INC NTES 1.06 1.09 -10.09 Wednesday AMC NEWS CORP INC NWS 0.44 0.39 13.16 Wednesday AMC NEWS CORP INC-A NWSA 0.42 0.39 16.22 Wednesday AMC NU SKIN ENTERP NUS 0.95 0.76 12.99 Wednesday BTO O REILLY AUTO ORLY 1.08 0.93 3.94 Wednesday AMC ORASURE TECH OSUR -0.14 0.01 50 Wednesday AMC ORCHIDS PAPER TIS 0.34 0.35 11.54 Wednesday AMC PAA NATURAL GAS PNG 0.29 0.3 4.55 Wednesday AMC PARTNERRE LTD PRE -0.42 -2.06 89.32 Wednesday AMC PENNANTPARK INV PNNT 0.27 0.33 7.14 Wednesday AMC PENSKE AUTO GRP PAG 0.53 0.47 5.26 Wednesday BTO PLAINS ALL AMER PAA 0.69 0.82 51.06 Wednesday AMC PLANAR SYSTEMS PLNR -0.06 -0.16 -160 Wednesday AMC PLATINUM UNDRWT PTP 0.67 0.53 154.55 Wednesday AMC PROLOGIS INC PLD 0.41 0.44 2.33 Wednesday BTO PROTECTIVE LIFE PL 0.88 1.02 -11.63 Wednesday AMC PRUDENTIAL FINL PRU 1.74 1.97 -8.38 Wednesday AMC PSIVIDA CORP PSDV -0.13 -0.13 42.11 Wednesday AMC QUALSTAR CORP QBAK -0.08 -0.08 -150 Wednesday AMC QUICKLOGIC CORP QUIK -0.07 -0.08 25 Wednesday AMC RALPH LAUREN CP RL 2.22 1.78 6.51 Wednesday BTO REALD INC RLD -0.1 0.05 50 Wednesday AMC REALNETWORKS RNWK -0.17 -0.06 -56.67 Wednesday AMC RENAISSANCERE RNR 0.37 1.11 -16.53 Wednesday AMC ROADRUNNER TRAN RRTS 0.29 0.23 0 Wednesday AMC RTI INTL METALS RTI 0.16 0.04 37.5 Wednesday BTO SANGAMO BIOSCI SGMO -0.12 -0.12 21.43 Wednesday AMC SCHWEITZER-MAUD SWM 0.99 1.33 5.56 Wednesday AMC SCOTTS MIRCL-GR SMG -1.13 -1.18 -3.51 Wednesday BTO SERVICESOURCE SREV -0.04 0.03 0 Wednesday AMC SIERRA WIRELESS SWIR 0.13 0.02 155.56 Wednesday AMC SINCLAIR BROADC SBGI 0.59 0.28 -2.94 Wednesday BTO SPECTRUM BRANDS SPB 0.42 0.69 -16.67 Wednesday AMC SPS COMMERCE SPSC -0.01 0.05 600 Wednesday AMC STANLEY FURN CO STLY -0.14 -0.12 -100 Wednesday AMC STERICYCLE INC SRCL 0.86 0.76 1.2 Wednesday AMC STERIS CORP STE 0.56 0.59 6 Wednesday BTO SYNTHESIS ENRGY SYMX -0.08 -0.1 0 Wednesday BTO TESORO CORP TSO 1.38 -0.89 -13.5 Wednesday AMC TIME WARNER INC TWX 1.1 0.94 4.88 Wednesday BTO TRIPLE-S MGMT-B GTS 0.59 0.66 -19.61 Wednesday BTO TRIQUINT SEMICO TQNT -0.02 0.04 50 Wednesday AMC TRUE RELIGION TRLG 0.53 0.6 8.89 Wednesday AMC TRUEBLUE INC TBI 0.14 0.19 -2.7 Wednesday BTO TWO HARBORS INV TWO 0.33 0.32 -100 Wednesday AMC TYLER TECH INC TYL 0.28 0.27 17.86 Wednesday AMC USG CORP USG -0.28 -0.92 -170 Wednesday BTO UTD MICROELECTR UMC 0.02 0.01 -57.14 Wednesday BTO VIASAT INC VSAT -0.17 0.19 19.05 Wednesday AMC VICAL INC VICL -0.1 -0.09 0 Wednesday BTO VIRGIN MEDIA VMED 0.41 0.26 11.9 Wednesday BTO VISA INC-A V 1.78 1.49 2.67 Wednesday AMC WABASH NATIONAL WNC 0.31 0.11 3.45 Wednesday BTO WEX INC WXS 1.06 0.98 -4.42 Wednesday BTO WGL HLDGS INC WGL 1.04 1.13 58.33 Wednesday AMC WMS INDS INC WMS 0.16 0.27 -10.53 Wednesday AMC WYNDHAM WORLDWD WYN 0.6 0.47 2.73 Wednesday BTO YELP INC YELP -0.05 N/A 0 Wednesday AMC AARONS INC AAN 0.5 0.43 6.98 Thursday AMC ACETO CORP ACET 0.2 0.17 -5.26 Thursday AMC ACTIVISION BLZD ATVI 0.69 0.59 71.43 Thursday AMC ADVANCE AUTO PT AAP 0.76 0.9 0 Thursday BTO AMER CAP AGENCY AGNC 1.01 1.42 -27.52 Thursday AMC AMTEC SYSTEMS ASYS -0.34 -0.09 48.08 Thursday AMC APARTMENT INVT AIV 0.5 0.42 6.98 Thursday AMC APTARGROUP INC ATR 0.55 0.57 0 Thursday AMC ARROW ELECTRONI ARW 1.08 1.38 0 Thursday BTO ASPEN INS HLDGS AHL -1.21 0.01 54.02 Thursday AMC ATHENAHEALTH IN ATHN 0.17 0.16 5.88 Thursday AMC AVANIR PHARM AVNR -0.08 -0.12 -12.5 Thursday AMC BELDEN INC BDC 0.72 0.56 8.45 Thursday BTO BRASKEM SA BAK -0.08 -0.28 -142.86 Thursday BTO BROADRIDGE FINL BR 0.18 0.12 12.5 Thursday BTO BUNGE LTD BG 2.39 1.65 -3.26 Thursday BTO CALLIDUS SOFTWR CALD -0.08 -0.08 0 Thursday AMC CARDTRONICS INC CATM 0.37 0.3 10.26 Thursday AMC CAREFUSION CORP CFN 0.52 0.44 2 Thursday AMC CIGNA CORP CI 1.47 1.11 24.82 Thursday BTO COCA-COLA ENTRP CCE 0.43 0.36 2.9 Thursday BTO COGNIZANT TECH CTSH 0.91 0.78 5.81 Thursday BTO COINSTAR INC CSTR 0.73 1 7.69 Thursday AMC COLUMBIA SPORTS COLM 1.2 1.08 15.34 Thursday AMC CONVERGYS CORP CVG 0.24 0.28 23.81 Thursday BTO CREDIT SUISSE CS 0.42 -0.68 -183.95 Thursday BTO CYS INVESTMENTS CYS 0.39 0.46 -40.48 Thursday AMC DASSAULT SY-ADR DASTY 1.3 0.9 -5.56 Thursday BTO DCT INDUSTRIAL DCT 0.1 0.11 0 Thursday AMC ECHO GLOBAL LOG ECHO 0.17 0.16 -10.53 Thursday AMC ENDURANCE SPLTY ENH -2.26 -0.98 66.67 Thursday AMC ENERSYS INC ENS 0.78 0.8 5.75 Thursday BTO ENPRO INDUS INC NPO 0.28 0.37 84.09 Thursday BTO ESCO TECH INC ESE 0.09 0.27 4.84 Thursday AMC EXELON CORP EXC 0.65 0.82 6.94 Thursday BTO EXIDE TECH XIDE 0.06 0.06 -1600 Thursday AMC FBL FINL GRP-A FFG 0.75 0.7 -2.78 Thursday AMC FLEETCOR TECH FLT 0.7 0.51 8.7 Thursday AMC FLIR SYSTEMS FLIR 0.49 0.49 5.71 Thursday BTO FLOWERS FOODS FLO 0.25 0.17 0 Thursday BTO GARTNER INC -A IT 0.59 0.46 2.94 Thursday BTO GENPACT LTD G 0.21 0.29 -23.81 Thursday AMC GENTIVA HEALTH GTIV 0.35 0.37 10.34 Thursday BTO GLATFELTER GLT 0.36 0.32 4.76 Thursday BTO GOLUB CAPITAL GBDC 0.3 0.29 0 Thursday BTO GRAPHIC PKG HLD GPK 0.08 0.02 37.5 Thursday BTO GREEN PLN RENEW GPRE -0.03 0.36 88.89 Thursday N/A GUIDANCE SOFTWR GUID 0.11 0.11 42.86 Thursday AMC HASBRO INC HAS 1.21 1.06 3.33 Thursday AMC HEALTHWAYS INC HWAY 0.06 0.31 15.38 Thursday BTO HEARTLAND PAYMT HPY 0.37 0.28 14.29 Thursday BTO HIMAX TECH-ADR HIMX 0.08 0.02 50 Thursday BTO HOME LOAN SERVC HLSS 0.39 N/A -2.86 Thursday N/A HOME PPTYS INC HME 1.05 0.93 3.81 Thursday AMC IMMUNOMEDICS IMMU -0.09 0.27 -25 Thursday AMC IMPERVA INC IMPV -0.05 -0.1 0 Thursday AMC INGREDION INC INGR 1.41 1.11 16.92 Thursday BTO INNODATA ISOGEN INOD 0.02 0.09 66.67 Thursday BTO INTERMOLECULAR IMI 0.01 -0.02 100 Thursday AMC INTL F & F IFF 0.84 0.74 0.93 Thursday BTO KEMPER CORP KMPR 0.04 0.56 23.53 Thursday AMC KITE REALTY GRP KRG 0.11 0.12 0 Thursday AMC KKR & CO LP KKR 0.32 0.33 32.65 Thursday BTO LAZARD LTD LAZ 0.33 0.01 23.81 Thursday BTO LENDER PROC SVC LPS 0.67 0.72 0 Thursday AMC LINKEDIN CORP-A LNKD 0.01 0.06 180 Thursday AMC MACK CALI CORP CLI 0.63 0.68 4.84 Thursday BTO MANULIFE FINL MFC 0.32 -0.05 -3.33 Thursday BTO MATSON INC MATX 0.29 0.11 12.5 Thursday AMC MAXIMUS INC MMS 0.56 0.51 7.25 Thursday BTO MEDICAL PPTYS MPW 0.25 0.19 -26.09 Thursday BTO METALS USA HLDG MUSA 0.31 0.37 0 Thursday BTO MICROCHIP TECH MCHP 0.32 0.38 -11.36 Thursday AMC MOLINA HLTHCR MOH 0.21 0.51 153.85 Thursday AMC MONMOUTH RE CLA MNR 0.13 0.2 -83.33 Thursday N/A MONSTER WWD INC MWW 0.08 0.11 80 Thursday BTO MONTPELIER RE MRH -0.79 -0.27 12.31 Thursday AMC MSCI INC-A MSCI 0.53 0.44 -3.92 Thursday BTO MULTI-FINELINE MFLX 0.47 0.58 0 Thursday AMC NATL FUEL GAS NFG 0.79 0.73 16.22 Thursday AMC NATL RETAIL PPT NNN 0.44 0.43 -2.27 Thursday BTO NCR CORP-NEW NCR 0.7 0.65 8.47 Thursday AMC NET 1 UEPS TECH UEPS 0.21 0.38 -8 Thursday AMC NIC INC EGOV 0.1 0.08 -10 Thursday AMC NJ RESOURCES NJR 1.03 1.09 -3.85 Thursday N/A NOBLE ENERGY NBL 1.11 1.18 -10.58 Thursday BTO NOVADAQ TEC INC NVDQ -0.05 -0.02 40 Thursday BTO NUANCE COMM INC NUAN 0.24 0.25 -2.94 Thursday AMC NY TIMES A NYT 0.31 0.45 -112.5 Thursday BTO OCH-ZIFF CAPTL OZM 0.73 0.04 7.69 Thursday BTO OLD DOMINION FL ODFL 0.5 0.46 9.26 Thursday BTO ON SEMICON CORP ONNN 0.07 0.13 -7.69 Thursday BTO OPENTABLE INC OPEN 0.31 0.32 38.1 Thursday AMC ORIENTAL FINL OFG -0.08 -0.31 105.88 Thursday AMC PACER INTL INC PACR 0.05 0.07 -50 Thursday BTO PALOMAR MED TEC PMTI 0.01 -0.1 -525 Thursday BTO PATTERSON-UTI PTEN 0.28 0.61 2.63 Thursday BTO PENNANTPARK FRC PFLT 0.27 0.09 15.79 Thursday AMC PHARMERICA CORP PMC 0.29 0.35 10 Thursday AMC PHILIP MORRIS PM 1.22 1.1 -0.72 Thursday N/A PIEDMONT OFFICE PDM 0.37 0.38 -5.71 Thursday AMC POST HOLDINGS POST 0.23 0.37 0 Thursday BTO PRESTIGE BRANDS PBH 0.34 0.25 27.27 Thursday BTO PRIMERICA INC PRI 0.7 0.56 5.88 Thursday AMC RAND LOGISTICS RLOG 0.31 0.37 -17.24 Thursday BTO RBC BEARINGS ROLL 0.59 0.54 0 Thursday BTO RDA MICROEL-ADR RDA 0.27 0.37 17.86 Thursday BTO REGAL ENTMNT GP RGC 0.2 0.1 0 Thursday AMC RENTRAK CORP RENT -0.05 -0.06 -198.08 Thursday AMC REPUBLIC SVCS RSG 0.43 0.53 -4.08 Thursday AMC RIVERBED TECH RVBD 0.18 0.16 14.29 Thursday AMC ROFIN-SINAR RSTI 0.28 0.28 25 Thursday BTO SALLY BEAUTY CO SBH 0.34 0.29 8.33 Thursday BTO SANOFI-AVENTIS SNY 0.76 1.02 11.11 Thursday N/A SCIQUEST INC SQI 0.02 0.05 -100 Thursday AMC SCRIPPS NETWRKS SNI 0.91 0.84 4 Thursday BTO SEMICON MFG-ADR SMI 0.01 -0.3 200 Thursday N/A SEQUANS COMM SQNS -0.25 -0.16 15 Thursday BTO SIGMA ALDRICH SIAL 0.95 0.91 0 Thursday BTO SIMPSON MFG INC SSD 0.06 0.13 -10 Thursday AMC SNAP-ON INC SNA 1.37 1.27 2.44 Thursday BTO SPRINT NEXTEL S -0.46 -0.35 48 Thursday BTO STARWOOD HOTELS HOT 0.65 0.71 9.43 Thursday BTO SUBURB PROPANE SPH 1.32 0.65 -10.98 Thursday BTO SUNPOWER CORP-A SPWR 0.04 -0.21 77.27 Thursday AMC SWS GROUP INC SWS 0.05 -0.06 -20 Thursday N/A SYNCHRONOSS TEC SNCR 0.16 0.26 11.76 Thursday AMC TECK RESOURCES TCK 0.52 1.07 -4.76 Thursday BTO TERADATA CORP TDC 0.7 0.63 3.17 Thursday BTO TESSERA TEC INC TSRA -0.23 0.09 150 Thursday AMC TEVA PHARM ADR TEVA 1.33 1.59 2.4 Thursday BTO THERMON GROUP THR 0.29 0.23 -3.7 Thursday BTO TOWERS WATSON TW 1.2 1.25 5.94 Thursday BTO UBIQUITI NETWRK UBNT 0.19 0.16 -17.65 Thursday AMC US GLOBAL INVS GROW -0.01 0.03 -100 Thursday BTO VIEWPOINT FINL VPFG 0.3 0.31 20 Thursday AMC WEB.COM GROUP WWWW 0.36 0.23 15.15 Thursday AMC WESTWOOD HLDGS WHG 0.44 0.59 -8.47 Thursday AMC XL GROUP PLC XL -0.34 -0.25 22 Thursday AMC XYLEM INC XYL 0.46 0.4 2.33 Thursday BTO ZYGO ZIGO 0.22 0.33 -69.7 Thursday AMC 1ST UTD BC/NO FUBC 0.05 0.05 0 Friday AMC AMER AXLE & MFG AXL 0.17 0.41 -79.41 Friday BTO AOL INC AOL 0.4 0.35 17.65 Friday BTO APOLLO GLOBAL-A APO 0.71 0.8 38.03 Friday BTO BEACON ROOFING BECN 0.41 0.39 0 Friday BTO BELO CORP BLC 0.35 0.26 4.35 Friday BTO BROOKFIELD INFR BIP 0.58 0.3 3.57 Friday BTO BUCKEYE PARTNRS BPL 0.81 0.64 19.18 Friday BTO CAMECO CORP CCJ 0.41 0.63 -51.85 Friday AMC CARLISLE COS IN CSL 0.77 0.67 -1.69 Friday BTO CBOE HOLDINGS CBOE 0.42 0.35 13.16 Friday BTO CORP OFFICE PTY OFC 0.48 0.56 1.92 Friday BTO ENTERCOM COMMUN ETM 0.23 0.33 -4 Friday BTO ENTERGY CORP ETR 1.34 0.94 -0.51 Friday BTO INSPERITY INC NSP 0.45 0.42 36.36 Friday BTO INVACARE CORP IVC 0.25 0.69 -30 Friday BTO LABORATORY CP LH 1.61 1.56 1.15 Friday BTO LOUISIANA PAC LPX 0.2 -0.33 -20 Friday BTO MOODYS CORP MCO 0.7 0.43 17.19 Friday BTO PARK STERLNG CP PSTB 0.08 0.02 0 Friday BTO SENSIENT TECH SXT 0.6 0.57 0 Friday BTO SIRONA DENTAL SIRO 0.85 0.91 1.43 Friday BTO SOUFUN HLDG-ADR SFUN 0.56 0.46 12.2 Friday BTO SYNUTRA INTL SYUT -0.12 0.18 -420 Friday AMC TC PIPELINES TCP 0.63 0.7 -1.54 Friday BTO YRC WORLDWD INC YRCW -2.63 -9.92 -13.46 Friday BTO APPLE INC (AAPL): Free Stock Analysis Report ARCHER DANIELS (ADM): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report ALLSTATE CORP (ALL): Free Stock Analysis Report BEACON ROOFING (BECN): Free Stock Analysis Report CHIPOTLE MEXICN (CMG): Free Stock Analysis Report CUMMINS INC (CMI): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report EATON CORP PLC (ETN): Free Stock Analysis Report GANNETT INC (GCI): Free Stock Analysis Report HASBRO INC (HAS): Free Stock Analysis Report STARWOOD HOTELS (HOT): Free Stock Analysis Report HUMANA INC NEW (HUM): Free Stock Analysis Report LOUISIANA PAC (LPX): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report NEWS CORP INC (NWS): Free Stock Analysis Report RALPH LAUREN CP (RL): Free Stock Analysis Report SPRINT NEXTEL (S): Free Stock Analysis Report SIMON PROPERTY (SPG): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report VISA INC-A (V): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report YUM! BRANDS INC (YUM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-02-04,42.4899,42.6665,41.772,41.8242,"Pre-Market Earnings Report for February 5, 2013 : EMR, BP, AGN, ADP, K, ARMH, ETN, ADM, SE, SIRI, BDX, CAH T he following companies are expected to report earnings prior to market open on 02/05/2013. Visit our Earnings Calendar for a full list of expected earnings releases. Emerson Electric Company ( EMR ) is reporting for the quarter ending December 31, 2012. The machinery company's consensus earnings per share forecast from the 17 analysts that follow the stock is $0.62. This value represents a 24.00% increase compared to the same quarter last year. EMR missed the consensus earnings per share in the 1st calendar quarter of 2012 by -8.64%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for EMR is 16.13 vs. an industry ratio of 11.70, implying that they will have a higher earnings growth than their competitors in the same industry. BP p.l.c. ( BP ) is reporting for the quarter ending December 31, 2012. The oil company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.05. This value represents a -33.54% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for BP is 8.24 vs. an industry ratio of -0.30, implying that they will have a higher earnings growth than their competitors in the same industry. Allergan, Inc. ( AGN ) is reporting for the quarter ending December 31, 2012. The large cap pharmaceutical company's consensus earnings per share forecast from the 23 analysts that follow the stock is $1.19. This value represents a 19.00% increase compared to the same quarter last year. AGN missed the consensus earnings per share in the 1st calendar quarter of 2012 by -1.15%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for AGN is 25.56 vs. an industry ratio of 15.00, implying that they will have a higher earnings growth than their competitors in the same industry. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending December 31, 2012. The outsourcing company's consensus earnings per share forecast from the 20 analysts that follow the stock is $0.71. This value represents a 4.41% increase compared to the same quarter last year. In the past year ADP has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ADP is 20.77 vs. an industry ratio of 16.40, implying that they will have a higher earnings growth than their competitors in the same industry. Kellogg Company ( K ) is reporting for the quarter ending December 31, 2012. The food company's consensus earnings per share forecast from the 18 analysts that follow the stock is $0.65. This value represents a 1.56% increase compared to the same quarter last year. In the past year K has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 7.5%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for K is 17.61 vs. an industry ratio of 17.80. ARM Holdings, plc ( ARMH ) is reporting for the quarter ending December 31, 2012. The electric company company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.16. This value represents a 33.33% increase compared to the same quarter last year. In the past year ARMH has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2012 Price to Earnings ratio for ARMH is 75.89 vs. an industry ratio of 6.00, implying that they will have a higher earnings growth than their competitors in the same industry. Eaton Corporation, PLC ( ETN ) is reporting for the quarter ending December 31, 2012. The machinery company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.94. This value represents a -12.96% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for ETN is 14.17 vs. an industry ratio of 11.70, implying that they will have a higher earnings growth than their competitors in the same industry. Archer-Daniels-Midland Company ( ADM ) is reporting for the quarter ending December 31, 2012. The agriculture company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.59. This value represents a 15.69% increase compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for ADM is 11.75 vs. an industry ratio of 11.90. Spectra Energy Corp ( SE ) is reporting for the quarter ending December 31, 2012. The oil (production/pipeline) company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.33. This value represents a -25.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for SE is 19.48 vs. an industry ratio of 17.10, implying that they will have a higher earnings growth than their competitors in the same industry. Sirius XM Radio Inc. ( SIRI ) is reporting for the quarter ending December 31, 2012. The broadcast (radio/tv) company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.02. This value represents a 100.00% increase compared to the same quarter last year. In the past year SIRI has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2012 Price to Earnings ratio for SIRI is 6.09 vs. an industry ratio of -11.40, implying that they will have a higher earnings growth than their competitors in the same industry. Becton, Dickinson and Company ( BDX ) is reporting for the quarter ending December 31, 2012. The medical/dental supplies company's consensus earnings per share forecast from the 17 analysts that follow the stock is $1.23. This value represents a 5.13% increase compared to the same quarter last year. BDX missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -0.65%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for BDX is 15.07 vs. an industry ratio of -98.20, implying that they will have a higher earnings growth than their competitors in the same industry. Cardinal Health, Inc. ( CAH ) is reporting for the quarter ending December 31, 2012. The drug store company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.85. This value represents a 4.94% increase compared to the same quarter last year. In the past year CAH has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 2.53%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CAH is 12.76 vs. an industry ratio of -1.90, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-02-05,42.1054,43.0166,41.8312,43.0028,"[""Automatic Data Processing, Inc. Reports Q2 EPS of $0.72 vs $0.71 Est; Revenue of $2.75B vs $2.72B Est"", ""Automatic Data Processing, Inc. Reports Q2 EPS of $0.72 vs $0.71 Est; Revenue of $2.75B vs $2.72B Est"", ""Optimism to Pick Up? - Analyst Blog The ISM report today will likely give stocks the reason to reverse some of the losses from Monday. But the relative dearth of high-impact news over the next few days will likely come in the way of the market's push towards new all-time highs. That wouldn't be indicative of a trend reversal, which continues to be driven by broad optimism about the economy and earnings picture. Some Europe-related headlines have started getting traction in the market again, but that is more due to lack of news on the home front than a full-blown resumption of Euro-zone concerns. The overall mood seems to be of optimism, with market participants genuinely happy with how things are shaping up. The favorable narrative notes that potentially problematic policy pitfalls like the 'Fiscal Cliff' and debt ceiling issue have been avoided or deferred for the time being. The U.S. economy is showing signs of health, China seems to be in good shape and even Europe's situation may not be that worrisome, notwithstanding the improving poll numbers of Italy's Silvio Berlusconi. The fourth quarter earnings season currently winding down may not be showing a lot of growth, but that should show up in the coming quarters as the economy's growth momentum resumes. Bottom line, investors seem satisfied that the economic and earnings picture may not be in great shape at present, but the outlook on both counts remains strong. We have started seeing estimates for the coming quarters and full-year 2013 come down in recent days. But the market is looking for a noticeable ramp-up in earnings growth later this year, particularly in the second half. This reflects outlook for the underlying economy, which is also expected to show much better growth in the second half of the year. The market's recent positive momentum reflects this happy outlook and will likely not reverse till this view remains in place. This morning's basket of earnings reports show a mixed picture, with Archer-Daniels Midland ( ADM ), Automatic Data Processing ( ADP ) and Kellogg ( K ) coming out with positive earnings surprises, while Eaton Corp ( ETN ) missed expectations. Disney ( DIS ) and Chipotle ( CMG ) will be reporting after the close. Overall though, the Q4 earnings season has been good enough, both relative to pre-season expectations and the preceding quarter. As of this morning, we have Q4 earnings reports from 276 S&P 500 companies or 68.2% of the index's total market capitalization. Total earnings for these 276 companies are up +2.7%, with 67% of the companies beating expectations with a median surprise of +3.1%. Revenues are up +0.3%, with 62% of the companies coming ahead of top-line expectations and a median surprise of +0.8%. The growth numbers are low relative to historical averages, but the beat ratios and median surprises are inline with what we have been seeing in the typical reporting season. ARCHER DANIELS (ADM): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report CHIPOTLE MEXICN (CMG): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report EATON CORP PLC (ETN): Free Stock Analysis Report KELLOGG CO (K): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. Reports Q2 EPS of $0.72 vs $0.71 Est; Revenue of $2.75B vs $2.72B Est""]" ADP,2013-02-06,42.8203,42.9831,42.2721,42.6793,"[""Credit Suisse Maintains Outperform on Automatic Data Processing, Inc., Raises PT to $67.00"", ""BMO Capital Maintains Outperform on Automatic Data Processing, Inc., Lowers PT to $65.00"", ""UPDATE: BMO Capital Markets Cuts PT to $65 on Automatic Data Processing Following FQ2 Earnings"", ""UPDATE: BMO Capital Markets Cuts PT to $65 on Automatic Data Processing Following FQ2 Earnings"", ""BMO Capital Maintains Outperform on Automatic Data Processing, Inc., Lowers PT to $65.00"", ""Credit Suisse Maintains Outperform on Automatic Data Processing, Inc., Raises PT to $67.00"", ""Company News for February 06, 2013 - Corporate Summary \u2022 BP plc (NYSE: BP ) reported fourth quarter earnings per share of $1.25, surpassing the Zacks Consensus Estimate of $1.05 \u2022 Eaton Corporation, PLC (NYSE: ETN ) posted fourth quarter earnings per share of $0.82, missing the Zacks Consensus Estimate of $0.92 \u2022 Automatic Data Processing (NASDAQ: ADP ) reported second quarter earnings per share of $0.72, beating the Zacks Consensus Estimate of $0.71 by a penny \u2022 Becton, Dickinson and Co. (NYSE: BDX ) posted first quarter earnings per share of $1.35, higher than the Zacks Consensus Estimate of $1.23 \u2022 Toyota Motor Corporation (NYSE: TM ) reported third quarter earnings per share of $0.68, falling shy of the Zacks Consensus Estimate of $1.23 AUTOMATIC DATA (ADP): Free Stock Analysis Report BECTON DICKINSO (BDX): Free Stock Analysis Report BP PLC (BP): Free Stock Analysis Report EATON CORP PLC (ETN): Free Stock Analysis Report TOYOTA MOTOR CP (TM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP's $61 Fair Value Is Hitched To The U.S. Recovery Automatic Data Processing ( ADP ) announced its Q2 FY13 earnings on February 5, reporting organic revenue growth of 6% year-over-year to $2.7 billion. Additionally, ADP also posted solid growth in its earnings per share from continuing operations of 7%, which was driven by the repurchase of 5.9 million shares in this fiscal year. Overall, we are encouraged by ADP's growth during the quarter and think that the firm's results show that it has capitalized on the uptick in U.S. employment in the last few months. Revenues for the company's biggest segment, payroll processing, grew by 7% year-over-year and the firm's client retention ratio grew by 80 basis points during the quarter. This quarter's performance strengthens our view that ADP's fundamental valuation is likely to remain relatively stable going forward. See our complete analysis of ADP here Core Business Sound All of ADP's businesses posted solid growth during the quarter. Revenue for the firm's payroll processing division, which makes up approximately 80% of the company's value, increased 7% during the year. Additionally, auto dealer services and HR outsourcing services also posted growth of 11% and 13% respectively. What especially encouraged us was the fact that the company's client retention ratio increased 80 basis points. We think that this ratio is important because if ADP can maintain it going forward, it will have to find fewer new clients to maintain its current growth rate. Growth In Client Employees Encouraging We find it encouraging for ADP's long term prospects that the number of employees on its client payrolls increased approximately 2.6% year-over-year. We stress on this because it shows us that ADP was able to successfully capture the growth in the U.S. job market during the quarter. ADP's clients have continued to increase the number of employees on their payrolls in good times and bad, providing more evidence to us that the company can maintain a decent growth rate going forward. While the U.S. job market improved, the world economy continues to be plagued by uncertainty due to the Euro crisis and the U.S. budget situation. Therefore, the fact that ADP's clients have continued to hire employees during an uncertain economic environment, shows that their underlying businesses are likely to be fundamentally sound. This means that any improvement in the world economy could see them hiring a bigger proportion of workers relative to the overall economy. FY 2013 Outlook During the previous quarter's earnings call, ADP's management stated that it does not expect the economic environment to change much over the next fiscal year. Management's Q1 FY13 guidance was reiterated in Q2, as the company expects modest year-over-year revenue growth of around 5% in FY2013, which is relatively in line with our estimates. We currently have a $61 price estimate for ADP , which is approximately 2% above the current market price. Click Here to Understand What Drives a Stock at Trefis The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: BMO Capital Markets Cuts PT to $65 on Automatic Data Processing Following FQ2 Earnings"", ""BMO Capital Maintains Outperform on Automatic Data Processing, Inc., Lowers PT to $65.00"", ""Credit Suisse Maintains Outperform on Automatic Data Processing, Inc., Raises PT to $67.00""]" ADP,2013-02-07,42.418,42.6586,42.0186,42.4899,"Equifax Beats 4Q Ests, View Upbeat - Analyst Blog Equifax Inc. ( EFX ) posted fourth-quarter 2012 adjusted earnings per share (EPS) of 78 cents, beating the Zacks Consensus Estimate by 3 cents. Results were up 14.0% from the year-ago quarter. Adjusted EPS excludes the impact of CSC Credit Services acquisition fees, the pension settlement, certain income tax items and acquisition-related amortization expense, net of tax. Revenues Revenues grew 9.5% year over year to $558.1 million. The revenue figure was at the higher end of the company's expected growth range and above the Zacks Consensus Estimate of $556.0 million. The upside could be attributed to top-line growth across the board. Segment wise, total U.S. Consumer Information Solutions (USCIS) revenues were $235.7 million, up 9.0% from the year-ago quarter. Among sub-segments, strong growth was noticed in Mortgage Solutions Services (up 28.0%), followed by Online Consumer Information Solutions (up 8.0%). The company witnessed a deceleration in its Consumer Financial Marketing Services segment (down 1.0%). International (including Europe, Canada and Latin America) revenues grew 7.0% year over year to $124.7 million, mostly due to 10.0% growth recognized in Canada Consumer segment, 8.0% in Latin America and 4.0% in Europe. Revenues from the Workforce Solutions segment increased 11.0% year over year to $117.2 million. The upside resulted from a 27.0% year-over-year increase in Verification Services revenues, partially offset by a 6.0% decline in Employer Services revenues. North American Personal Solutions contributed $52.9 million, reflecting 16.0% year-over-year improvement. North American Commercial Solutions generated $27.6 million, up 4.0% from the year-ago quarter. Operating Results Gross margin in the fourth quarter was 61.3%, down 110 basis points from the year-ago quarter. Operating margin was 17.1% as against 24.7% a year ago. The margin performance was better in International and flat in USCIS and North America Commercial Solutions, offset by weak performances of North America Personal Solutions and Workforce Solutions segments. The company reported higher operating expenses with selling, general and administrative expenditure increasing 36.5% year over year. Depreciation and amortization expenses decreased 1.5% to $40.6 million. On a GAAP basis, net income from continuing operations was $46.3 million or 38 cents per share versus $72.9 million or 60 cents per share in the comparable quarter last year. Excluding the impact of CSC Credit Services acquisition fees, the pension settlement, certain income tax items and acquisition-related amortization expense, net of tax, adjusted net income was $94.9 million or 78 cents per share, up 14.3% from $83.0 million or 68 cents in the year-ago quarter. Balance Sheet & Cash Flow Equifax exited the quarter with $146.8 million in cash and cash equivalents, down from $267.2 million in the previous quarter. Accounts receivables were $317.0 million. Total long-term debt was $1.45 billion, up from $968.3 million in the prior quarter. Cash provided by operating activities was $144.2 million compared with $151.7 million in the prior quarter. Equifax' board approved a 22.0% increase in quarterly cash dividend payout rate. The company will now pay dividend per share of 22 cents (previously 18 cents) on Mar 15, 2013 to shareholders of record as of Feb 22. Guidance For the first quarter of 2013, Equifax expects revenues to be up 10.0% to 12.0% from the year-ago quarter, based on contributions from domestic and international businesses and ongoing foreign exchange rates. Excluding the impact of acquisition-related amortization expense, Equifax expects adjusted EPS to range between 84 cents and 87 cents, reflecting a year-over-year increase of 20.0%-24.0%. The Zacks Consensus Estimate for the first quarter is 88 cents, which is higher than the company's guidance. For fiscal 2013, revenues are expected to grow in the range of 10.0% to 12.0% and adjusted EPS is expected between $3.56 and $3.64. The Zacks Consensus Estimate for fiscal 2013 is $3.61, which is toward the higher end of the company's guidance. The company also mentioned that with the acquisition of Computer Sciences Corp. 's ( CSC ) credit solutions business, it will be able to boost operating leverage as well as profitability. Our Take Equifax exited the fourth quarter with flying colors, surpassing the Zacks Consensus Estimate on both the top and bottom lines. We are optimistic about Equifax' revenue growth prospects but margin deceleration keeps us concerned. Management's efforts regarding strategic initiatives for product innovation, broadening data assets through acquisitions and continuous share gains in North America were encouraging. Given the company's strong correlation to consumer and financial markets, as well as its U.S. and European exposure, we see a gradual improvement in results. Moreover, improving mortgage environment is a big positive for the stock. But stiff competition from Automatic Data Processing Inc. ( ADP ) and Moody's Corp. ( MCO ) is a concern. Currently, Equifax has a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report COMP SCIENCE (CSC): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-02-08,42.6349,42.841,42.4969,42.7898, ADP,2013-02-11,42.697,42.8282,42.3352,42.3776,"[""Ebix Inc (EBIX) Ex-Dividend Date Scheduled for February 13, 2013 E bix Inc ( EBIX ) will begin trading ex-dividend on February 13, 2013. A cash dividend payment of $0.075 per share is scheduled to be paid on February 28, 2013. Shareholders who purchased EBIX stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 50% increase over the prior quarter. The previous trading day's last sale of EBIX was $16.81, representing a -36.08% decrease from the 52 week high of $26.30 and a 10.16% increase over the 52 week low of $15.26. EBIX is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). EBIX's current earnings per share, an indicator of a company's profitability, is $1.77. Zacks Investment Research reports EBIX's forecasted earnings growth in 2012 as 8.23%, compared to an industry average of 10.5%. For more information on the declaration, record and payment dates, visit the EBIX Dividend History page. Interested in gaining exposure to EBIX through an Exchange Traded Fund [ETF]? The following ETF(s) have EBIX as a top-10 holding: PowerShares Dynamic Software ( PSJ ) SPDR S&P Software & Services ETF ( XSW ). The top-performing ETF of this group is XSW with an increase of 7.55% over the last 100 days. PSJ has the highest percent weighting of EBIX at 3.16%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Broadridge Misses by a Penny - Analyst Blog Broadridge Financial Solutions Inc. ( BR ) posted second-quarter fiscal 2013 adjusted earnings per share (EPS) of 17 cents, missing the Zacks Consensus Estimate of 18 cents. Revenues Total revenues in the second quarter were $493.2 million, up 2.8% from $479.8 million a year ago. The year-over-year improvement was buoyed by increase in recurring revenues of approximately $9 million and higher distribution revenues of $3 million. Broadridge managed to sustain a 99% client retention rate. Recurring revenue closed sales were $19 million in the second quarter. Segment Revenues The Investor Communication Solutions segment generated $327.0 million in revenues, up 3.2% from $316.8 million in the prior-year quarter. The increase was attributable to higher recurring revenues from new business, revenue gains from acquisitions, and higher distribution revenues. The Securities Processing Solutions segment reported revenues of $163.8 million, up 1.7% from $161.1 million in the prior-year quarter. The increase was driven by strength in new business, partially offset by decline in revenues from the new outsourcing agreement with Apex Clearing Corporation, replacing the terminated outsourcing agreement with Penson Worldwide Inc. Operating Results Total expenses in the quarter decreased 0.1% year over year to $468.5 million. Reported pre-tax income was $24.7 million, up from $10.6 million in the year-ago quarter. Pre-tax margin grew 280 basis points year over year to 5.0%. GAAP net income from continuing operations increased 132.4% year over year to $15.8 million. Earnings per share in the quarter grew 160.0% to 13 cents from 5 cents in the year-ago quarter. The significant increase in earnings from the prior-year figures was due to the impact of the Penson impairment charge and International Business Machines Corp .'s ( IBM ) migration costs in the prior year. The cost of migrating to IBM's platform follows an information technology services agreement signed between the two companies in Mar 2010. As per the deal, IBM will provide certain aspects of Broadridge's information technology infrastructure that are currently being provided under a data center outsourcing services agreement with Automatic Data Processing Inc. ( ADP ). Excluding the effect of acquisition amortization and other costs, restructuring and impairment charges, adjusted net income was $21.8 million or 17 cents per share. Balance Sheet Broadridge exited the quarter with cash and cash equivalents of $259.1 million, up from $211.8 million in the prior quarter. Receivables decreased 5.0% from the previous quarter to $305.2 million. Long-term debt remained sequentially unchanged at $524.4 million. Guidance Reiterated For fiscal 2013, Broadridge expects revenue growth of 3.0% to 4.0%, and recurring revenue growth of 4.0% to 7.0%. The company expects recurring revenue closed sales to be the key driver of revenue growth. Recurring revenue closed sales are forecast in the range of $110.0 million to $150.0 million. GAAP pretax margin is expected in the range of 13.8% to 14.4%, while non-GAAP margin is expected between 15.1% and 15.7%. Earnings per share are expected between $1.60 and $1.70. However, excluding the effect of Penson charges, adjusted EPS is still expected in the range of $1.76-$1.86. Management also expects adjusted free cash flow in the range of $200.0 million to $250.0 million. Our Take Though Broadridge earnings missed the Zacks Consensus Estimate by a penny, the company's sales were above the prior-year figures. Despite positive momentum, Broadridge reiterated its guidance for fiscal, which we believe is due to the unpredictable nature of mutual fund proxy revenues. The company believes that outsourcing will be a key driver of its growth and we believe that Broadridge seems to be in a good position to make such deals. Broadridge entered into a 10-year Master Services Agreement with Apex, under which Apex will outsource its securities processing and back office support services to Broadridge. The company also states that internal growth appears to be moving in a positive direction, which is a bright spot in the quarter. We remain optimistic on Broadridge's strategic acquisitions and new product launches, but it faces significant competition from companies such as HD Supply and DST Systems Inc. ( DST ), which have intensified pricing pressure for the company. Currently, Broadridge has a Zacks Rank #3 (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report BROADRIDGE FINL (BR): Free Stock Analysis Report DST SYSTEMS (DST): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-02-12,42.1793,42.5403,42.1388,42.3903,"DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for February 14, 2013 D ST Systems, Inc. ( DST ) will begin trading ex-dividend on February 14, 2013. A cash dividend payment of $0.3 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased DST stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -25% decrease from the prior quarter. The previous trading day's last sale of DST was $67.37, representing a -0.75% decrease from the 52 week high of $67.88 and a 40.71% increase over the 52 week low of $47.88. DST is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). DST's current earnings per share, an indicator of a company's profitability, is $7.08. Zacks Investment Research reports DST's forecasted earnings growth in 2013 as 13%, compared to an industry average of 4.2%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-02-13,42.5313,42.697,42.1724,42.4535, ADP,2013-02-14,42.3155,42.6882,42.1585,42.6586, ADP,2013-02-15,43.0235,43.0235,42.6665,42.9949, ADP,2013-02-19,42.9949,43.1852,42.9002,43.1635,"[""Automatic Data Processing Breaks Out Over $61.25 Resistance To Continue Up-trend"", ""Automatic Data Processing Breaks Out Over $61.25 Resistance To Continue Up-trend"", ""Automatic Data Processing Breaks Out Over $61.25 Resistance To Continue Up-trend""]" ADP,2013-02-20,43.1409,43.3776,42.9318,42.9889, ADP,2013-02-21,42.9318,42.9545,42.1842,42.3272, ADP,2013-02-22,42.6349,42.8548,42.3776,42.848,"[""How the \""Starbucks Effect\"" Could Lead to 200% Gains I t's easy to find companies that have returned billions to shareholders in the past . And it's easy to find companies that dominate their markets right now . But the future is much less certain. As a long-term investor, how can you know yourinvestments will continue to dominate the competition for years to come? How can you make sure they won't crumble under the weight of new competition, intense regulation, disruptive new technologies or a host of other potential problems? Although there's no single answer to those questions, one of the most importantfactors to look at is customer retention . Companies that retain their customers for a long period of time are much more likely to deliver consistent, outsized profits for investors. It makes perfect sense. Studies have shown that it costs seven times more to acquire a new customer than it does to keep an existing one. And existing customers are several hundred percent more likely to buy when compared with new prospects. Businesses that enjoy strong customer loyalty also have an easier time raising their prices, which can lead to fatprofit margins and strongdividend payments. Customer loyalty comes in many forms. Sometimes a company's customers are locked in under long-term contracts. In other cases customers face significant switching costs... or they're extremely loyal to their favorite brands. Whatever the reason, if you invest exclusively in companies that keep their customers happy -- and keep them buying for years... decades... even for a lifetime -- then you'll increase your odds of beating themarket . Take payroll processor Automatic Data Processing (NYSE: ADP ) , for example. ADP is the nation's largest provider of outsourced human resources ( HR ) services, including payroll and benefits processing. In this niche market, it's time-consuming and expensive for large companies to switch to a different provider. In addition, ADP locks many of its customers into long-term contracts. As a result, the average client stays with ADP for more than a decade. We use ADP to process our payroll here at StreetAuthority, so we have direct experience with the company. And I recently asked our residentaccounting and HR expert in our Maryland office, Pam, for her opinion. Her comments speak volumes about why ADP retains its customers for so long... \""I am satisfied with ADP. I have used a couple of other companies over the years and always end up back with ADP when I can. They are reliable and consistent. Plus, once I get used to using a certain software package that works well, I resist change as long as possible. If it's not broke, don't fix it. I have no reason to want to change at this time.\"" Or how about Starbucks (Nasdaq: SBUX ) ? The Seattle-based chain is well known for satisfying the needsof coffee fiends the world over -- and it does an excellent job of customer retention. The average Starbucks customer visits one of the coffee giant's 18,000 stores about six times a month, and its most loyal customers visit 16 times a month. Coffee is a convenience and location-based business. And thanks to its huge store count, Starbucks is an extremely convenient choice for most Americans -- and increasingly the rest of the world. Its customers are also fanatical about their beverages. They stay loyal to Starbucks for the brand, the customer experience, and most important, the consistency of the company's drinks. Thanks to these factors, someanalysts have estimated Starbucks retains its average customer for roughly 20 years. Not convinced that superior customer retention leads to big gains for investors? Just take a look at how both of thesestocks have performed in recent years... And the numbers are even stronger when you look at a longer time horizon. For example,shares of Starbucks have soared 392.6% during the past decade. Meanwhile, ADP has also handily beaten the market, gaining 130.8% in the same period. (All figures above include reinvested dividends.) Action to Take --> If you want a shot at total returns of up to 200% in five years, then run this one simple test on all of your portfolio holdings: find out how long they retain their average customer. If the answer is a decade or more, then you're probably on the right track. [ Note : Recently, I've discovered 13 stocks with great customer loyalty and enormous \"" Dividend Vaults .\"" Right now, U.S. companies are sitting on a \""Dividend Vault\"" worth over $1.7 trillion. To learn more, including the names andticker symbols of some of my favorite \""Dividend Vault\"" stocks, click here .] [Note: If you're interested in learning more important qualities to look for when coming up with income investments, my co-publisher Lou Betancourt has come out with a new report all about how to pick \""Retirement Saving Stocks.\"" In it, he outlines how to find the best income investments available today. Click here to learn the names and ticker symbols of some of these companies.] -- Paul Tracy Paul Tracy owns shares of SBUX.StreetAuthority LLC owns shares of SBUX, ADP in one or more of its \""real money\"" portfolios. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. \u00a9 Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pullback brings out buyers in ADP Automatic Data Processing pulled back yesterday, and the bulls stepped in. optionMONSTER's Heat Seeker system detected the purchase of about 3,200 April 62.50 calls for $0.35. Volume was more than 23 times the strike's open interest before the session began, indicating that new money was put to work in the trade. These long calls lock in the price where investors can buy shares, giving them the potential to generate some nice leverage in the event of a rally. But if the stock stays below the $62.50 strike price, they will expire worthless. (See our Education section) ADP fell 1.54 percent to $60.27 yesterday. The slow-moving payroll stock has been grinding higher for the last 2-1/2 years, recently touching its best level since late 2000. Total option volume was 5 times greater than average in the company yesterday, with calls accounting for a bullish 80 percent of the total. (A version of this post appeared on InsideOptions Pro yesterday.) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright \u00a9 2010 OptionMonster\u00ae Holdings, Inc. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-02-25,43.1793,43.3617,42.6723,42.6793, ADP,2013-02-26,42.9248,43.1005,42.6418,42.8934,"[""Digimarc Corporation (DMRC) Ex-Dividend Date Scheduled for February 28, 2013 D igimarc Corporation ( DMRC ) will begin trading ex-dividend on February 28, 2013. A cash dividend payment of $0.11 per share is scheduled to be paid on March 11, 2013. Shareholders who purchased DMRC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DMRC has paid the same dividend. The previous trading day's last sale of DMRC was $22.68, representing a -25.02% decrease from the 52 week high of $30.25 and a 28.28% increase over the 52 week low of $17.68. DMRC is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). DMRC's current earnings per share, an indicator of a company's profitability, is $1.15. Zacks Investment Research reports DMRC's forecasted earnings growth in 2013 as -7.14%, compared to an industry average of -9.4%. For more information on the declaration, record and payment dates, visit the DMRC Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Intersections, Inc. (INTX) Ex-Dividend Date Scheduled for February 28, 2013 I ntersections, Inc. ( INTX ) will begin trading ex-dividend on February 28, 2013. A cash dividend payment of $0.2 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased INTX stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -71.43% decrease from the prior quarter. The previous trading day's last sale of INTX was $10.48, representing a -36.83% decrease from the 52 week high of $16.59 and a 33.84% increase over the 52 week low of $7.83. INTX is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). INTX's current earnings per share, an indicator of a company's profitability, is $1.18. Zacks Investment Research reports INTX's forecasted earnings growth in 2012 as 29.9%, compared to an industry average of 10.7%. For more information on the declaration, record and payment dates, visit the INTX Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-02-27,42.7414,43.4239,42.6004,43.2533, ADP,2013-02-28,43.3331,43.344,43.0925,43.0925,"A Snapshot Of Paychex's $35 Stock Value Quick Take Paychex generated $2 billion in revenues in 2012, with a 42% EBITDA margin. The payroll processing division is the biggest part of the company making up approximately 60% of the company's value. HR outsourcing makes up 33% of the firm and cash cash makes up the rest. Paychex's average employees per payroll client were approximately 17 in 2012 and we expect this number to increase to near 20% by the end of our forecast period. Paychex Corporation ( PAYX ) is one of the two major publicly traded payroll processors in the United States. The company generates revenues by processing employee payrolls which includes paper and electronic distribution of employee compensation along with the processing of tax withholdings and other employee contributions. The company primarily competes with much bigger ADP ( ADP ), which has a market capitalization of approximately $30 billion compared with Paychex's market capitalization of $12 billion. Paychex generated approximately $2 billion in revenues and had EBITDA margins of approximately 42% in 2012, and we think that both of these metrics will rise over our forecast period. The company has two primary divisions, payroll processing, which makes up 60% of the firm's value, and HR outsourcing, which make up over 30% of value. See our complete analysis of Paychex here Payroll Processing Tied With Employment Growth As mentioned above, Paychex's payroll processing division makes up approximately 60% of the firm's value. The primary driver of this division is the number of employees per client payrolls, as the company gets paid on a per employee basis. We estimate that in FY 2012 the company was processing approximately 9.5 million employee payrolls, as it had 567,000 clients with an average of 17 employees per client. We think that both the average client employees and number of clients will increase over our forecast period to approximately around 19 and 620,000 respectively. The primary rationale for both of these forecasts is that we expect the global economy to improve in the next couple of years which should spur hiring growth and new business creation. In a scenario where the global economic environment in 2-3 years time worsened and the average employees per payroll client fell to 16 by the end of our forecast period, we would see approximately 10% downside to our price estimate. HR Outsourcing is The Primary Growth Driver While Paychex's payroll division has been a relatively stable revenue source of revenues over the past couple of years, the company's HR outsourcing division has been the primary contributor of growth. The division's revenue increased 13% in FY 2012, primarily due to price increases and growth in both clients and client employees. As with the firm's payroll processing division, Paychex's HR outsourcing division is also dependent on the number of employee's the company serves. In FY 2012, the firm had approximately 615,000 client employees, and we expect this number to grow to approximately 800,000 by the end of our forecast period. The major driver of this growth will likely be the result of Paychex up-selling to existing clients and also a potential economic recovery in the United States, which will increase the number of employees at their existing clients. For sensitivity purposes, if the number of HR outsourcing client employees served stayed flat over our forecast period, we would see approximately 5% downside to our price estimate. We currently have a $35 price estimate for Paychex , which is approximately 10% above the current market price. Click Here To Understand What Drives A Stock At Trefis The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-03-01,42.9475,43.3697,42.6221,43.2937, ADP,2013-03-04,43.0629,43.4634,42.9071,43.4248,"[""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for March 06, 2013 A utomatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on March 06, 2013. A cash dividend payment of $0.435 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased ADP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.13% increase over the same period a year ago. The previous trading day's last sale of ADP was $61.65, representing a -0.29% decrease from the 52 week high of $61.83 and a 21.14% increase over the 52 week low of $50.89. ADP is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Yahoo! Inc. ( YHOO ). ADP's current earnings per share, an indicator of a company's profitability, is $2.88. Zacks Investment Research reports ADP's forecasted earnings growth in 2013 as 6%, compared to an industry average of 5.4%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Interested in gaining exposure to ADP through an Exchange Traded Fund [ETF]? The following ETF(s) have ADP as a top-10 holding: PowerShares Value Line Industry Rotation Portfolio (PYH) iShares MSCI USA Minimum Volatility Index Fund ( USMV ) iShares MSCI All Country World Minimum Volatility Index Fund ( ACWV ) PowerShares Fundamental Pure Large Core Portfolio ( PXLC ) QuantShares U.S. Market Neutral Anti Beta Fund ETF ( BTAL ). The top-performing ETF of this group is PYH with an increase of 8.93% over the last 100 days. It also has the highest percent weighting of ADP at 2.33%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield""]" ADP,2013-03-05,43.5462,44.0333,43.486,44.0058, ADP,2013-03-06,44.2306,44.2454,43.8656,44.06,"ADP Report Shows Labor Market Momentum - Ahead of Wall Street Wednesday, March 6, 2013 This morning's positive labor market reading provides the market another opportunity to build on Tuesday's record close. The momentum in this market simply refuses to die down, humbling the doubters amongst us (yours truly included). That said, the tone of recent economic data has been on the positive side, confirming that the economy was in good enough health ahead of the sequester onset. The February jobs tally from Automatic Data Processing ( ADP ) came in better than expected this morning - up +198K vs. consensus of +170K. The January tally was revised higher by 23K to 215K. This report is expected to serve as a preview of the non-farm payroll report from the government's Bureau of Labor Statistics (BLS) coming out on Friday. The consensus expectation is for private-sector job gains of +167K and 'headline' gains of +160K. The government sector has been losing 5K to 10K jobs monthly, which will likely accelerate in the coming months as a result of the sequester. The likely jobs impact of the sequester is in some doubt, with estimates ranging from overall payrolls being lower by 500K to 700K, primarily in the government sector. This would translate to monthly government job losses in the 50K to 60K range over the coming months, though the actual job losses will most likely be much smaller. A greater use of furloughs instead of pink slips will likely show up in fewer hours worked than actual job losses over the remainder of this year. We will have to wait and see what impact the sequester will have on government jobs in the coming months, but the private sector appears to be in healthy enough shape to withstand it. The ADP report is showing plenty of momentum in small-business hiring, with employers having less than 50 employees adding +77K jobs in February. Medium sized business (less than 500 employees) and large businesses (1000+ employees) added +65K and +57K jobs during February. Goods producing sectors added +34K jobs, while service providing sectors generated +164K jobs. Construction and manufacturing were both positive, confirming what we saw from the employment components of the two ISM reports. Uncertainty with respect to the extent of negative impact from the Northeast snowstorm on the BLS jobs numbers will likely keep analysts from raising their estimates for Friday. Some estimates put the snowstorm impact to be as high as 50K in the Friday reading. But irrespective of the actual jobs numbers on Friday, it is increasingly becoming clear that the tax hikes and fiscal uncertainty has had no negative impact on actual economic activities thus far. And we see that in the stock market's new highs as well. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-03-07,44.1882,44.9594,44.06,44.7957,"[""BMO Capital Maintains Outperform on Automatic Data Processing, Inc., Raises PT to $68.00"", ""UPDATE: BMO Capital Raises PT on Automatic Data Processing After Meeting with Company Management"", ""UPDATE: BMO Capital Raises PT on Automatic Data Processing After Meeting with Company Management"", ""BMO Capital Maintains Outperform on Automatic Data Processing, Inc., Raises PT to $68.00"", ""UPDATE: BMO Capital Raises PT on Automatic Data Processing After Meeting with Company Management"", ""BMO Capital Maintains Outperform on Automatic Data Processing, Inc., Raises PT to $68.00""]" ADP,2013-03-08,44.7374,45.0561,44.6676,44.8036, ADP,2013-03-11,44.8293,45.1823,44.7957,45.1685,"Quality Systems, Inc. (QSII) Ex-Dividend Date Scheduled for March 13, 2013 Q uality Systems, Inc. ( QSII ) will begin trading ex-dividend on March 13, 2013. A cash dividend payment of $0.175 per share is scheduled to be paid on April 05, 2013. Shareholders who purchased QSII stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that QSII has paid the same dividend. The previous trading day's last sale of QSII was $18.12, representing a -59.45% decrease from the 52 week high of $44.69 and a 20.48% increase over the 52 week low of $15.04. QSII is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). QSII's current earnings per share, an indicator of a company's profitability, is $1.03. Zacks Investment Research reports QSII's forecasted earnings growth in 2013 as -17.88%, compared to an industry average of 6.1%. For more information on the declaration, record and payment dates, visit the QSII Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-03-12,45.1902,45.2493,45.0856,45.2405,"Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for March 14, 2013 C omputer Sciences Corporation ( CSC ) will begin trading ex-dividend on March 14, 2013. A cash dividend payment of $0.2 per share is scheduled to be paid on April 15, 2013. Shareholders who purchased CSC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that CSC has paid the same dividend. The previous trading day's last sale of CSC was $50.5, representing a -0.04% decrease from the 52 week high of $50.52 and a 127.63% increase over the 52 week low of $22.19. CSC is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). CSC's current earnings per share, an indicator of a company's profitability, is $3.34. Zacks Investment Research reports CSC's forecasted earnings growth in 2013 as 40.63%, compared to an industry average of 4.8%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Interested in gaining exposure to CSC through an Exchange Traded Fund [ETF]? The following ETF(s) have CSC as a top-10 holding: Power Shares XTF: Dynamic Market Portfolio ( PWC ) PowerShares Dynamic Technology ( PTF ) Guggenheim S&P 500 Pure Value ETF ( RPV ) First Trust Large Cap Growth AlphaDEX Fund (based on the Defin ( FTC ) WisdomTree MidCap Earnings Fund ( EZM ). The top-performing ETF of this group is RPV with an increase of 15.48% over the last 100 days. PWC has the highest percent weighting of CSC at 2.65%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-03-13,45.2632,45.4111,45.1546,45.3914, ADP,2013-03-14,45.4043,45.9881,45.4043,45.9811,"MIND C.T.I. Ltd. (MNDO) Ex-Dividend Date Scheduled for March 18, 2013 M IND C.T.I. Ltd. ( MNDO ) will begin trading ex-dividend on March 18, 2013. A cash dividend payment of $0.24 per share is scheduled to be paid on April 03, 2013. Shareholders who purchased MNDO stock prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of MNDO was $2.17, representing a -5.65% decrease from the 52 week high of $2.30 and a 32.32% increase over the 52 week low of $1.64. MNDO is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). MNDO's current earnings per share, an indicator of a company's profitability, is $.23. For more information on the declaration, record and payment dates, visit the MNDO Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-03-15,45.7356,46.0039,45.5235,45.6034, ADP,2013-03-18,45.1685,45.5945,45.1202,45.418,"[""Mentor Graphics Corporation (MENT) Ex-Dividend Date Scheduled for March 20, 2013 M entor Graphics Corporation ( MENT ) will begin trading ex-dividend on March 20, 2013. A cash dividend payment of $0.045 per share is scheduled to be paid on April 10, 2013. Shareholders who purchased MENT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -25% decrease from the prior year. At the current stock price of $17.45, the dividend yield is 1.03%. The previous trading day's last sale of MENT was $17.45, representing a -2.57% decrease from the 52 week high of $17.91 and a 35.8% increase over the 52 week low of $12.85. MENT is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). MENT's current earnings per share, an indicator of a company's profitability, is $1.17. Zacks Investment Research reports MENT's forecasted earnings growth in 2014 as -13.05%, compared to an industry average of 1.6%. For more information on the declaration, record and payment dates, visit the MENT Dividend History page. Interested in gaining exposure to MENT through an Exchange Traded Fund [ETF]? The following ETF(s) have MENT as a top-10 holding: PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 8.89% over the last 100 days. It also has the highest percent weighting of MENT at 2.96%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Evolving Systems, Inc. (EVOL) Ex-Dividend Date Scheduled for March 20, 2013 E volving Systems, Inc. ( EVOL ) will begin trading ex-dividend on March 20, 2013. A cash dividend payment of $0.08 per share is scheduled to be paid on April 12, 2013. Shareholders who purchased EVOL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -46.67% decrease from the prior quarter. The previous trading day's last sale of EVOL was $6.75, representing a -8.16% decrease from the 52 week high of $7.35 and a 35% increase over the 52 week low of $5. EVOL is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). EVOL's current earnings per share, an indicator of a company's profitability, is $.49. Zacks Investment Research reports EVOL's forecasted earnings growth in 2013 as 2%, compared to an industry average of 11.6%. For more information on the declaration, record and payment dates, visit the EVOL Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Computer Task Group, Incorporated (CTGX) Ex-Dividend Date Scheduled for March 20, 2013 C omputer Task Group, Incorporated ( CTGX ) will begin trading ex-dividend on March 20, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased CTGX stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $21.79, the dividend yield is .92%. The previous trading day's last sale of CTGX was $21.79, representing a -0.86% decrease from the 52 week high of $21.98 and a 84.82% increase over the 52 week low of $11.79. CTGX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). CTGX's current earnings per share, an indicator of a company's profitability, is $.97. Zacks Investment Research reports CTGX's forecasted earnings growth in 2013 as 22.35%, compared to an industry average of 20.9%. For more information on the declaration, record and payment dates, visit the CTGX Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Convergys Corporation (CVG) Ex-Dividend Date Scheduled for March 20, 2013 C onvergys Corporation ( CVG ) will begin trading ex-dividend on March 20, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on April 05, 2013. Shareholders who purchased CVG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the prior quarter. The previous trading day's last sale of CVG was $17.18, representing a -1.83% decrease from the 52 week high of $17.50 and a 38.55% increase over the 52 week low of $12.40. CVG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). CVG's current earnings per share, an indicator of a company's profitability, is $.88. Zacks Investment Research reports CVG's forecasted earnings growth in 2013 as 12.87%, compared to an industry average of 5.3%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-03-19,45.4801,45.5877,45.0206,45.4801, ADP,2013-03-20,45.7208,45.8402,45.3776,45.564, ADP,2013-03-21,45.3697,45.5383,44.8568,45.0718, ADP,2013-03-22,45.2632,45.418,45.0127,45.3164, ADP,2013-03-25,45.5827,45.6478,44.9515,45.2129, ADP,2013-03-26,45.2869,45.8243,45.2869,45.8175,"[""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for March 27, 2013 M onotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on March 27, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on April 19, 2013. Shareholders who purchased TYPE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 50% increase over the prior quarter. The previous trading day's last sale of TYPE was $23.09, representing a -0.69% decrease from the 52 week high of $23.25 and a 90.04% increase over the 52 week low of $12.15. TYPE is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). TYPE's current earnings per share, an indicator of a company's profitability, is $.75. Zacks Investment Research reports TYPE's forecasted earnings growth in 2013 as 11.17%, compared to an industry average of 13.2%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for March 27, 2013 P egasystems Inc. ( PEGA ) will begin trading ex-dividend on March 27, 2013. A cash dividend payment of $0.03 per share is scheduled to be paid on April 15, 2013. Shareholders who purchased PEGA stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 28th quarter that PEGA has paid the same dividend. The previous trading day's last sale of PEGA was $28.57, representing a -28.52% decrease from the 52 week high of $39.97 and a 50.37% increase over the 52 week low of $19. PEGA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). PEGA's current earnings per share, an indicator of a company's profitability, is $.56. Zacks Investment Research reports PEGA's forecasted earnings growth in 2013 as 10.11%, compared to an industry average of 13.2%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-03-27,45.5521,45.779,45.3283,45.7286, ADP,2013-03-28,45.6142,46.054,45.494,45.9881,"Paychex' 3Q Earnings Beat by a Penny - Analyst Blog Paychex Inc. ( PAYX ) reported third-quarter fiscal 2013 earnings of 40 cents per share, beating the Zacks Consensus Estimate by a penny. The quarter's result was 6.3% above the year-ago level. Revenues Paychex reported third-quarter 2013 revenues of $593.3 million, up 4.2% from $569.5 million in the year-ago quarter. The quarter's revenues were slightly above the Zacks Consensus Estimate of $593.0 million. Payroll Service segment revenues increased 1.9% year over year to $393.7 million. Checks per payroll grew roughly 2.3% from the year-ago quarter. Revenue per check grew modestly as a result of price increases, partially offset by discounting. The Human Resource Services segment generated $188.7 million in revenues, up 9.7% from the prior-year quarter. The improvement was mainly attributable to client growth and price increases, partially offset by lower contribution from professional employer organization and unfavorable product mix. Operating Results In the third quarter, Paychex incurred total expenses of $368.3 million, up 2.6% from the year-ago quarter. The rise was mainly due to higher selling, general and administrative expenses as well as continuous investments in product development and supporting technology. Operating income was $225.0 million, up 6.9% from the year-ago period, attributable to modest revenue growth supported by better cost management and capacity utilization. Operating margin was 43.0% versus 42.4% in the year-ago quarter. Net income of $144.5 million in the reported quarter reflected a 6.7% increase from $135.4 million in the prior-year quarter. Earnings per share were 40 cents compared with 37 cents in the year-ago quarter. There was no one-time item during the quarter. Balance Sheet & Cash Flow Paychex exited the third quarter with cash and cash equivalents of $100.4 million, down from $122.6 million at the end of the prior quarter. Corporate investments were $470.2 million compared with $178.6 million in the prior quarter. Additionally, interest on funds held for clients decreased 0.9% year over year to $10.9 million as a result of lower average interest rates earned, partly offset by an increase in average investment balances. Paychex has no long-term debt. Guidance Paychex believes that Payroll Services revenue growth will be supported by modest growth in client base and improved revenue per check. Human Resources organic revenue growth is expected to follow the historical trend. Financial guidelines were maintained for fiscal 2013. For fiscal 2013, Paychex expects a 2%-3% increase in Payroll Service revenues from the year-ago quarter. Human Resource Services revenues are expected to increase in the range of 9.0% to 11.0%. Total service revenue will likely grow in the range of 5% to 6%. The company expects an 8%-6% decline in interest on funds held for clients and nil-5% upside in net investment income. Interest on funds held for clients and investment income for fiscal 2013 are expected to be impacted by the low interest rate environment. However, investment of cash generated from operations is expected to persist, thus increasing investment income. Net operating income as a percentage of service revenues is expected in the range of 37.0%-38.0% for fiscal 2013. Net income is expected to grow in the range of 5% to 7%. Our Take Paychex' third-quarter results were decent, with both the bottom and top lines surpassing the Zacks Consensus Estimates. Though Paychex mentioned that revenue growth could be stronger during the fourth quarter, the guidance for fiscal 2013 was maintained. We believe that the conservative guidance was mainly due to macro uncertainties. We are encouraged by management's commentary regarding continued investments in product development and focus toward building sales force to support revenue growth. However, lingering unemployment situation, strict interest rates and stiff competition from Automated Data Processing ( ADP ) and Insperity (NSP) keep us concerned. However, Paychex' zero European exposure will be beneficial for the company. Currently, Paychex has a Zacks Rank # 4 (Sell). Investors should also look into similar stocks that are performing better than Paychex. StarTek Inc. ( SRT ) has a Zacks Rank #1 (Strong Buy) and Broadridge Financial Solutions Inc. ( BR ) has a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report BROADRIDGE FINL (BR): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report STARTEK INC (SRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-04-01,45.7286,46.0984,45.6142,45.7474, ADP,2013-04-02,46.054,46.4495,45.8629,46.1665, ADP,2013-04-03,46.1518,46.3135,45.6567,45.7938,"[""Paychex Sets a New 52-Week High - Analyst Blog Shares of Paychex Inc. ( PAYX ) reached a 52-week high of $35.90 on Tuesday, Apr 2, 2013 following decent third quarter 2013 results announced on Mar 27, improving job market and better visibility for revenues per check. The closing price of this payroll service provider on Apr 2, 2013 was $35.87, representing a decent one-year return of about 12.9% and year-to-date return of about 12.6%. Average volume of shares traded over the last three months stand at approximately 2764K. Paychex delivered a positive earnings surprise in the last quarter with an average beat of 2.5% for the past four quarters. This Zacks Rank #2 (Buy) company has a market cap of $13.1 billion and a long-term expected earnings growth rate of 9.2%. Decent Third Quarter Results Paychex reported earnings of 40 cents per share, surpassing the Zacks Consensus Estimate by a penny and the year-ago level by 6.3%. Revenues of $593.3 million grew 4.2% year over year and were slightly above the Zacks Consensus Estimate. The revenue growth was mainly due to higher checks per payroll and revenues per check, client retention and client growth. Revenues from Payroll Service segment increased 1.9% year over year, while Human Resource Services segment revenues grew 9.7% from the prior-year quarter. Operating margin improved 60 basis points to 43.0% buoyed by modest revenue growth, supported by better cost management and capacity utilization. For fiscal 2013, Paychex believes that Payroll Services revenue growth will be supported by modest growth in client base and improved revenue per check. Human Resources organic revenue growth is expected to follow the historical trend. Paychex will continue to invest heavily on product development. Estimate Revision Following the third quarter results, the Zacks Consensus Estimate for 2013 remained flat at $1.60. But the estimate for 2014 was up by a penny to $1.71 supported by 5 upward estimate revisions. There were no downward revisions in the past 7 days. Conclusion We believe that Paychex' stock price will go up as employment in the small and medium business (SMB) space is improving. A report published by Automatic Data Processing Inc. ( ADP ) indicates a likely momentum in the SMB market. We are also encouraged by management's commentary regarding continued investments in product development and focus toward building sales force to support revenue growth. But strict interest rates and stiff competition from ADP and Insperity keep us concerned. However, Paychex' zero European exposure and growing customer base will be beneficial for the company. Other Stocks to Consider Similar stocks that are currently performing well and have a solid visibility include StarTek Inc. ( SRT ) with a Zacks Rank # 1 (Strong Buy) and Broadridge Financial Solutions Inc. ( BR ) with a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report BROADRIDGE FINL (BR): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report STARTEK INC (SRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is ADP Pointing Towards a Fresh 'Spring Swoon'? - Ahead of Wall Street Wednesday, April 3, 2013 It will be interesting to see if this morning's lower than expected labor market reading will make investors recalibrate their bullish bets on the economy. It may or may not be the start of another 'Spring Swoon' for the U.S. economy, but it nevertheless represents downside risks to expectations for Friday's March non-farm payroll report from the Bureau of Labor Statistics (BLS). The March jobs tally from Automatic Data Processing ( ADP ) came in weaker than expected this morning - up +158K vs. consensus of +192K. The February tally was revised higher by +39K to 237K. This report is expected to serve as a preview of the non-farm payroll report from the government's BLS coming out on Friday. The consensus expectation is for 'headline' BLS gains of +200K. The ADP report means that expectations for the Friday number may need to come down. The loss of momentum in the ADP report should be worrying, with the swing in the construction sector particularly notable. The construction sector didn't add any jobs in March after strong gains in the preceding months. As a result, the goods producing side of the economy, particularly for medium sized employers, had a weaker showing than what we had become accustomed to in the last few months. Small businesses, with employers having less than 50 employees, added +74K jobs in March. Medium sized businesses (less than 500 employees) added +37K jobs in March, roughly half the pace of February. Large businesses (1000+ employees) added +47K jobs in March. The goods producing sectors added +7K jobs in March, substantially lower than the last few months, while the services-providing sector's tally of +151K jobs in the month was not substantially different from sector's recent pace. The weaker looking ADP report will likely cause analysts to bring down their estimates for Friday's BLS report. The consensus expectation ahead of the BLS report was for 'headline' gains of about +200K, which appears on the high side post-ADP. A more reasonable level for Friday, post-ADP, should be around +150K, since the government sector likely lost 5K to 10K jobs during the month. The 'softish' ADP read after the 'weak' manufacturing ISM report earlier this week may prompt some to start suspecting the onset of another 'Spring Swoon'. Estimates for first quarter GDP have been steadily moving above the +3% mark, with some analysts looking towards a +4% read. But the first quarter strength may be nothing more than just a reversal of the unusual weakness in the preceding quarter and the impact of the tax hikes and the sequester starting to show up in economic data finally. It is perhaps premature to start fearing a fresh 'Spring Swoon', but the fear is not entirely unfounded given our prior history. Where does it leave the market, which is already in record territory? More economic data in the coming in the coming weeks will clarify the picture. But we have the earnings season to guide us before that. This morning's negative earnings surprises from ConAgra ( CAG ), Global Payments ( GPN ) and earlier reports from Oracle ( ORCL ) and FedEx ( FDX ) don't inspire much confidence on the earnings front, but this is just a start. If companies can reassure on the earnings front and economic data doesn't point towards a fresh 'Spring Swoon', then the rally may have some life left in it, otherwise not. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report CONAGRA FOODS (CAG): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report GLOBAL PAYMENTS (GPN): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Europe stocks drop after ADP, ISM reports Worse-than-expected U.S. services-sector data and jobs figures send European stock markets lower in afternoon action. Investors also are cautious ahead of the European Central Bank\u2019s policy meeting."", ""Netflix leads tech slump; Zynga, Facebook jump Zynga makes real-money gaming debut; Disney closes LucasArts Tech stocks take hard hit on Wednesday with Netflix leading the slump. Zynga, Facebook managed to score decent gains.""]" ADP,2013-04-04,45.8629,46.0097,45.4871,45.7731,"[""Stock Market News for April 4, 2013 - Market News Discouraging reports on private sector hiring dampened investor sentiment on Wednesday. Investors turned cautious following comments made by Defense Secretary Chuck Hagel regarding North Korea. Meanwhile, comments from president of San Francisco Federal Reserve John Williams added fuel to investor concerns. All the top ten S&P 500 industry groups suffered losses, among which energy stocks suffered the most. The Dow Jones Industrial Average (DJI) fell 0.8% to close the day at 14,550.35. The S&P 500 lost 1.1% to finish yesterday's trading session at 1,553.69. The tech-laden Nasdaq Composite Index declined 1.1% to end at 3,218.60. The fear-gauge CBOE Volatility Index (VIX) gained almost 11.2% to settle at 14.21. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 7.1 billion shares, above 2012's average of 6.48 billion shares. Declining stocks outnumbered the advancers. For the 23% that advanced, 75% declined. Weak private sector employment numbers came as a surprise to investors. According to the National Employment Report released by Automatic Data Processing (NASDAQ: ADP ), on a seasonally adjusted basis, 158,000 jobs were added in March. These numbers are well below the figure of 237,000 added in February. Of the 158,000 jobs added, 74,000 jobs were added by small business while 37,000 and 47,000 were added by medium and large businesses respectively. Initial claims data and the unemployment rate, due on Thursday and Friday, respectively will determine investor sentiment going forward. According to the Institute of Supply Management (ISM), the Non-Manufacturing Index (NMI) came in at 54.4% in March. This was 1.6% lower than the figure reported in February. Among the fifteen industries included in the index, only two sectors, imports and supply deliveries, grew month over month. Investor sentiment was also affected by comments the president of San Francisco Federal Reserve, John Williams. He said that if the economy continues to improve and post strong economic numbers, like in recent months, there is a possibility that monetary stimulus will be withdrawn. Since the start of 2013, the markets have witnessed strong corporate results, an improving housing sector and a brighter job scenario. The Federal Reserve's stimulus package has also helped markets rise significantly. \""I expect we will meet the test for substantial improvement in the outlook for the labor market by this summer. If that happens, we could start tapering our purchases then,\"" San Francisco Federal Reserve Bank President John Williams said in remarks prepared for delivery to Town Hall Los Angeles. \""If all goes as hoped, we could end the purchase program sometime late this year,\"" he added. On the international front, Defense Secretary, Chuck Hagel today said U.S. leaders will take North Korean threats seriously and will take appropriate actions for defense. According to the U.S. Department of Defense, North Korea has threatened to attack Seoul, South Korean capital, and launch missiles on Guam, Hawaii and western United States. In response to the North Korean threat, the Department of Defense has sent a land-based missile defense system to Guam, 2,000 miles from South Korea. This move has been taken to defend from possible North Korean attacks. Hagel described the threat as \""a real and clear danger and threat\"" to the United States. Energy stocks were the biggest losers among the top ten S&P 500 industry groups. The Energy Select Sector SPDR (XLE) lost 1.9%. Stocks such as Chevron Corporation (NYSE: CVX ), Exxon Mobil Corporation (NYSE: XOM ), Hess Corp. (NYSE: HES ), Schlumberger Limited. (NYSE: SLB ) and ConocoPhillips (NYSE: COP ) declined 1.0%, 0.7%, 2.8%, 1.1% and 1.3%, respectively. AUTOMATIC DATA (ADP): Free Stock Analysis Report CONOCOPHILLIPS (COP): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report HESS CORP (HES): Free Stock Analysis Report SCHLUMBERGER LT (SLB): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is the Economy Losing Steam? - Ahead of Wall Street Thursday, April 4, 2014 Another day, another underwhelming economic report. Today's reading of weekly Jobless Claims data appears even more disappointing than what we saw yesterday from Automatic Data Processing ( ADP ). But the key number is tomorrow's jobs report from the government's Bureau of Labor Statistics (BLS), expectations for which have been coming down post-ADP. Also in play in today's trading session are interest rate decisions from the European Central Bank (ECB) and Bank of Japan (BOJ). The ECB decision came in as expected, with no interest rate cut despite the widespread economic pain in the currency union. But the BOJ more than came through with what the market was looking for. The new governor of the Bank of Japan is leaving no stone unturned by taking a leaf out of the Bernanke playbook and announcing an aggressive easing program to fight entrenched deflationary expectations. Japanese stocks have been the best performing this year of all developed markets in anticipation of this BOJ move. But given the positive surprise in today's announcement, they may have some more room to run. Yields on Japanese government bonds were quite low to begin with, but will likely come down even further following this aggressive action by the BOJ. The Japanese Yen which had been weakening relative to the Euro and the dollar in anticipation of this move will likely fall some more. That's a problem for Europe, which it's rate decision today fails to address. Perhaps Draghi can paint a future outlook in his press conference that can anchor expectations. But hard to envision the markets responding to mere talk. On the home front, today's Jobless Claims numbers provide another worrying sign that the economy may be moving towards a 'Spring Swoon'. Initial Jobless Claims jumped by 28K to 385K, erasing weeks of gains in one move. The consensus expectation was for a modest drop. The four-week moving average went back above the 350K level - increasing by 11.3K to 354.3K. The surprise jump could be due to seasonal adjustement issues related to Easter and the Spring break, but we will have to wait a couple of more weeks to decipher that. Today's disappointing data comes after the weak ADP and the two ISM surveys. The claims miss is not relevant to tomorrow's BLS report as the survey week doesn't correspond with the BLS survey period, but it is nevertheless a further sign that the economy may have started losing momentum in March after strong gains in the first two months of the quarter. As a result, expectations for the BLS jobs report tomorrow have started coming down from the original 200K. I wouldn't expect the market to resume its positive momentum in the absence of unequivocally positive economic data. That's what we should expect to justify the market's record levels. But what we are seeing instead is far from unequivocally positive, or even just positive. It's actually negative. Let's see what Friday brings. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-04-05,45.2819,45.3401,44.7671,45.0995, ADP,2013-04-08,45.0393,45.4447,44.9378,45.4447, ADP,2013-04-09,45.5088,45.7731,45.1488,45.5877, ADP,2013-04-10,45.5748,46.4645,45.4644,46.4348, ADP,2013-04-11,46.423,46.8224,46.3026,46.7563, ADP,2013-04-12,46.7701,46.7701,46.3302,46.6123, ADP,2013-04-15,46.5353,46.6054,45.5748,45.5877,"Paychex Rises to a New 52-Week High - Analyst Blog Shares of Paychex Inc. ( PAYX ) reached a new 52-week high of $36.16 on Thursday, Apr 11, 2013, following decent third-quarter 2013 results announced on Mar 27, an improving job market, improvement in hiring activities and better visibility for revenues per check. The closing price of this payroll service provider on Apr 12, 2013 was $36.14, representing a decent one-year return of about 16.8% and year-to-date return of about 13.5%. Average volume of shares traded over the last three months stand at approximately 2759K. Paychex delivered a positive earnings surprise in the last quarter with an average beat of 2.5% for the past four quarters. This Zacks Rank #3 (Hold) company has a market cap of $13.2 billion and a long-term expected earnings growth rate of 9.2%. Decent Third Quarter Results Paychex reported earnings of 40 cents per share, beating the Zacks Consensus Estimate by a penny and the year-ago level by 6.3%. Revenues of $593.3 million grew 4.2% year over year and were slightly above the Zacks Consensus Estimate. The revenue growth was mainly due to higher checks per payroll and revenues per check, client retention and client growth. Revenues from the Payroll Service segment increased 1.9% year over year, while Human Resource Services segment revenues grew 9.7% from the prior-year quarter. Operating margin improved 60 basis points to 43.0% buoyed by modest revenue growth, better cost management and capacity utilization. For fiscal 2013, Paychex believes that Payroll Services revenue growth will be supported by modest growth in client base and improved revenue per check. Human Resources organic revenue growth is expected to follow the historical trend. Paychex will continue to invest heavily on product development. Estimate Revision Following the third-quarter results, the Zacks Consensus Estimate for 2013 remained flat at $1.60. However, the estimate for 2014 was up by a penny to $1.71, supported by 6 upward estimate revisions in the past 30 days. One estimate each was revised downward for 2013 and 2014 over the past 30 days. Conclusion We believe that Paychex' stock price will go up as employment in the small and medium business (SMB) space is improving. A report published by Automatic Data Processing Inc. ( ADP ) indicates a likely momentum in the SMB market. Also, a survey conducted by SurePayroll Inc. (acquired by Paychex in Feb 2011) shows that roughly 50.0% of the SMBs are going to invest in hiring, marketing and technology. This raises the chance of higher revenues per checks and checks per payroll. We are also encouraged by management's commentary regarding continued investments in product development and focus toward building sales force to support revenue growth. However, strict interest rates and stiff competition from ADP and Insperity keep us concerned. However, Paychex' zero European exposure and growing customer base will be beneficial for the company. Other Stocks to Consider Similar stocks that are currently performing well and have a solid visibility include StarTek Inc. ( SRT ) with a Zacks Rank #1 (Strong Buy) and Portfolio Recovery Associates Inc. ( PRAA ) with a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report PORTFOLIO RCVRY (PRAA): Free Stock Analysis Report STARTEK INC (SRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-04-16,45.7661,46.3026,45.6271,46.2583,"Visa Inc.(V): Today's Most Compelling Stock Buy SoTM Bull's Eye Report - Today's Most Compelling Buy Tuesday, April 16, 2013 At StateoftheMarkets.com, we strive to ""own the best and ignore the rest"" in our equity portfolios. Toward this end, each day we search our database for a ""top stock"" (a top rated company in terms of earnings strength as well as company and industry performance) that presents a strong technical ""set up"" and a good entry point. In short, when our equity team is looking to add a stock to one of our portfolios, the ""bull's eye"" stock shown below is generally their first choice. Company Symbol Industry Stock Rating YTD % Gain S.T. Stop Loss Visa Inc V Data Processing & Outsourced Services 7.2 +6.67% 0.88 Why We Like The Stock: Visa Inc (V) is our most compelling buy today due to the fact that it is a top rated stock (in terms of earnings strength and company/industry performance) sporting a long-term uptrend. Like other Data Processing & Outsourced Services stocks Mastercard (MA), Automatic Data Processing (ADP), and Fidelity Natl Information Services (FIS), Visa has been trending higher for quite some time. Since the beginning of 2011, the stock has been a steady gainer. While there have been pullbacks along the way, V has continued to make higher highs and higher lows for a little over two years now. 2013 hasn't exactly been explosive for this stock, though we like V at current prices after a brief pullback from recent highs at 0. The stock has solid support right above 0, and we would use the 50-day moving average (0.88) as a stop to limit the downside. Should V continue in its long-term path, we like the stock as a buy at current prices.We Would Be Buyers: At the current price (~3.00). Looking to trade the Bull's Eye stock picks? Click here to download our free Special Report, ""How We Identify Our “Bull’s Eye” Picks & How You Can Profit Trading Them""Company Profile: Visa Inc. (Visa) is a global payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. The Company operates processing networks, VisaNet, offering fraud protection for consumers and assured payment for merchants. The Company operates an open-loop payments network, a multi-party system in which Visa connects issuing financial institutions, or issuers, that issue cards to cardholders, and acquiring financial institutions, or acquirers, that have the banking relationship with merchants-and manage the exchange of information and value between them. The Company derives revenues primarily from fees paid by its clients based on payments volume, transactions that it processes and other related services the Company provides. Its clients deliver Visa products and payment services to consumers and merchants based on product platforms it defines and manages. Stock Rating: The Stock Rating indicates the combined score of our proprietary Earning Strength and Company Performance models. The rating scale is 0 - 10 with 10 being the highest. Disclosure: At the time of publication the editor and affiliated companies own the following positions: V Note: Positions may be bought or sold while this publication is in circulation without notice. Visa Inc - Last 3 Months Visa Inc - Last 12 Months Visa Inc - Last 5 Years The analysis and information in this report and on our website is for informational purposes only. No part of the material presented in this report or on our websites is intended as an investment recommendation or investment advice. Neither the information nor any opinion expressed nor any Portfolio constitutes a solicitation to purchase or sell securities or any investment program. The opinions and forecasts expressed are those of the editors of StateoftheMarkets.com and may not actually come to pass. The opinions and viewpoints regarding the future of the markets should not be construed as recommendations of any specific security nor specific investment advice. 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One of the principals of Ridge, Mr. David Moenning, is also President and majority shareholder of Heritage Capital Management, Inc. (HCM) a Chicago-based money management firm. HCM is registered as an investment adviser. HCM also serves as a sub-advisor to other investment advisory firms. Ridge is a publisher and has not registered as an investment adviser. Neither HCM nor Ridge is registered as a broker-dealer. Employees and affiliates of HCM and Ridge may at times have positions in the securities referred to and may make purchases or sales of these securities while publications are in circulation. Editors will indicate whether they or HCM has a position in stocks or other securities mentioned in any publication. The disclosures will be accurate as of the time of publication and may change thereafter without notice. Index returns are price only and do not include the reinvestment of dividends. The S&P 500 is a stock market index containing the stocks of 500 large-cap corporations, most of which are US companies. The index is the most notable of the many indices owned and maintained by Standard & Poor's, a division of McGraw-Hill. S&P 500 is used in reference not only to the index but also to the 500 companies that have their common stock included in the index. Investments in equities carry an inherent element of risk including the potential for significant loss of principal. Past performance is not an indication of future results. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-04-17,45.8402,46.2651,45.2493,46.2169, ADP,2013-04-18,46.557,46.5837,45.5314,45.7079, ADP,2013-04-19,45.5235,46.2721,45.5235,46.1311, ADP,2013-04-22,46.1143,46.4495,45.7661,46.3223, ADP,2013-04-23,46.634,46.9505,46.2583,46.9308, ADP,2013-04-24,47.1725,47.347,46.991,47.1518, ADP,2013-04-25,47.3352,47.3667,47.0216,47.2189, ADP,2013-04-26,47.1369,47.2198,46.8155,47.0926,"[""Barrett' Loss Narrower-than-Expected - Analyst Blog Barrett Business Services Inc. ( BBSI ) posted first quarter 2013 loss per share of 36 cents, narrower than the Zacks Consensus Estimate of 38 cents loss per share. Revenues Barrett reported net revenue of $111.6 million in the first quarter, up 35.3% from $82.4 million a year ago. The year-over-year increase was primarily attributable to the continued increase in the company's client count and same-store sales. Professional employer service fees grew 45.6% year over year to $81.8 million. Revenues from Staffing Services were $29.7 million, up 13.4% from the comparable quarter last year. Management acknowledged the solid client base and asserted that client retention was strong. The company attributed the solid results in the quarter to BBSI's maturing brand and strong referral channels, which helped attract new clients and retain the existing ones. Operating Results Reported gross profit was $8.3 million, up 26.8% year over year. But gross margin fell 50 basis points to 7.5% from the year-ago quarter. Total operating expenses in the first quarter were $12.3 million, up 21.4% from the year-earlier quarter. The increase in operating expenses was due to 21.0% growth in selling, general & administrative expenses and 32.2% growth in research and development expenses. Reported operating loss in the quarter was $4.0 million compared to an operating loss of $3.6 million in the year-ago quarter. Operating margin was (3.5%) compared to (4.3%) in the year-ago quarter. Reported net loss was $2.5 million or 36 cents per share compared to a net loss of $2.2 million or 22 cents in the comparable quarter last year. Balance Sheet Barrett exited the quarter with cash, cash equivalents and marketable securities of approximately $67.0 million, up from $62.5 million in the prior quarter. Long-term debt balance was sequentially flat at $5.2 million. Guidance For the second quarter of 2013, the company expects earnings per share to range between 68 cents and 72 cents, up from 52 cents reported in the year-ago quarter. The Zacks Consensus Estimate for second quarter and fiscal 2013 are pegged at 69 cents and $2.21 per share, respectively. Our Take Though Barrett registered a loss in its first quarter, the results were better than the Zacks Consensus Estimate. Revenue growth was encouraging given solid client growth. Management's commentary of maintaining a strong business pipeline and a healthy client base is encouraging. But the company's continued investments for operational infrastructure improvements could jeopardize margins in the near term. Currently, Barrett has a Zacks Rank #2 (Buy). We would like to recommend other technology stocks, which are really doing well. You can consider Automatic Data Processing Inc. ( ADP ), Genpact Ltd. ( G ) and Paychex Inc. ( PAYX ), which have a Zacks Rank #2 (Buy) and are worth buying. AUTOMATIC DATA (ADP): Free Stock Analysis Report BARRETT BUS SVS (BBSI): Free Stock Analysis Report GENPACT LTD (G): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EPIQ Systems, Inc. (EPIQ) Ex-Dividend Date Scheduled for April 29, 2013 E PIQ Systems, Inc. ( EPIQ ) will begin trading ex-dividend on April 29, 2013. A cash dividend payment of $0.09 per share is scheduled to be paid on June 03, 2013. Shareholders who purchased EPIQ stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that EPIQ has paid the same dividend. At the current stock price of $13.76, the dividend yield is 2.62%. The previous trading day's last sale of EPIQ was $13.76, representing a -4.44% decrease from the 52 week high of $14.40 and a 34.77% increase over the 52 week low of $10.21. EPIQ is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EPIQ's current earnings per share, an indicator of a company's profitability, is $.62. Zacks Investment Research reports EPIQ's forecasted earnings growth in 2013 as -40.59%, compared to an industry average of 13.7%. For more information on the declaration, record and payment dates, visit the EPIQ Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-04-29,47.0305,47.5591,47.0216,47.4831,"[""Stocks to Watch for the Week of April 29, 2013"", ""Stocks to Watch for the Week of April 29, 2013"", ""Vistaprint Beats on Earnings - Analyst Blog Vistaprint N.V ( VPRT ), an online provider of professional marketing products and services, reported a net income of $5.9 million or 17 cents per share in third quarter fiscal 2013 (ending Mar 31, 2013) compared to $0.3 million or 1 cent in the year-earlier quarter. The increase in earnings was driven by low advertising and operating expenses. Excluding one-time items, adjusted earnings were $16.9 million or 48 cents per share compared to $11.2 million or 29 cents in the year-ago quarter. The quarterly adjusted earnings were well above the Zacks Consensus Estimate of 9 cents. Total revenue increased 12% year over year to $287.7 million in third quarter 2013. The reported earnings missed the Zacks Consensus Estimate of $289 million. Geographically, revenues was up 15% year over year in North America, followed up with Europe (up 8%) and Most of world (up 6%) year over year in the reported quarter. In the reported quarter, gross margin was flat year over year at 65.5%. Operating income increased to $9.7 million from $7.8 million in the prior-year quarter. Balance Sheet & Cash Flow The company exited the quarter with $51.3 million in cash and cash equivalents. Debt stood at $238.5 million, with $237.3 million available under its credit facility. Vistaprint purchased 410,400 shares for $16.2 million in the quarter under its existing share repurchase program. Subsequent to the end of the quarter, the company purchased an additional 493,700 shares for $18.7 million, The company generated $8.1 million in cash from operations with capital expenditure of $11.2 million Outlook For the fourth quarter of fiscal 2013, the company expects revenues in the range of of $263 million to $278 million. Fiscal 2013 revenues are expected in the range of $1,150 million - $1,165 million with GAAP earnings in the range of 60 cents-80 cents per share. Adjusted earnings for full fiscal are expected in the range of $1.94-$2.14 per share with capital expenditures of $85 million to $95 million. Vistaprint remains focused on leveraging its investment and expect meaningful earnings growth and margin expansion in fiscal year 2014. Vistaprint currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth considering in the industry are Automatic Data Processing, Inc ( ADP ), Barrett Business Services Inc ( BBSI ) and Genpact Ltd ( G ), each carrying a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report BARRETT BUS SVS (BBSI): Free Stock Analysis Report GENPACT LTD (G): Free Stock Analysis Report VISTAPRINT NV (VPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks to Watch for the Week of April 29, 2013""]" ADP,2013-04-30,47.3756,47.6301,47.2937,47.6231, ADP,2013-05-01,47.6587,47.6587,47.1725,47.2553,"More Data, More Disappointment - Ahead of Wall Street Wednesday, May 1, 2013 The market sees all evidence of economic weakness as guaranteeing continued Fed support. As a result, stocks have moved into record territory as economic and earnings data have come on the weak side. We have the manufacturing ISM reading coming out a little later, but the jobs data from Automatic Data Processing ( ADP ) this morning was clearly off the mark. The ADP miss today means that estimates for Friday's non-farm payroll report from the government's Bureau of Labor Statistics (BLS) will likely come down. But I would be surprised if the market would react differently in any material way to today's soft economic data. The April ADP jobs tally came in weaker than expected this morning: up +119K vs. consensus of +155K. The March tally was revised lower -27K to 131K. This report is expected to serve as a preview of the non-farm payroll report from the government's BLS coming out on Friday. The consensus expectation is for 'headline' BLS gains of +150K. A straight extrapolation of today's ADP report would mean that Friday's BLS number would be around 110K instead of the 150K consensus expectation pre-ADP. Small businesses, with employers having less than 50 employees, added +50K jobs in April. Medium-sized businesses (less than 500 employees) added +26K jobs in April, while large businesses (1000+ employees) added +43K jobs during the month. Weakness in the small-business group is the most pronounced, with some anecdotal evidence that changes to healthcare mandates may be having an impact on hiring trends in that space. The goods-producing sectors added +6K jobs in April, substantially lower than the last few months, while the services-providing sector's tally of +113K jobs in the month was not substantially different from sector's recent pace. Construction added +15K jobs, a slower pace than would be expected given the broad momentum in the sector. Manufacturing lost -10K jobs, reconfirming the negative trends from other data points about the factory sector. We will see how the April manufacturing ISM reading shows a little later, though the Chicago PMI numbers from Tuesday don't bode well on that front. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-05-02,47.2642,47.9082,47.1005,47.6587,"[""Insperity's 1Q Earnings In Line, Revs Miss - Analyst Blog Insperity Inc. ( NSP ) reported first-quarter 2013 earnings per share of 51 cents, in line with the Zacks Consensus Estimate. The quarter's earnings were 5.6% lower than 54 cents reported in the year-earlier quarter. The year-over-year decline was mainly due to higher investments for expanding the Business Performance Advisors group and implementing health care reform strategy. However, this was partially offset by higher gross profit per worksite employees. Revenues Insperity's first quarter revenues of $611.8 million increased 2.8% from $595.2 million in the year-ago quarter and were slightly below the Zacks Consensus Estimate of $615.0 million. The year-over-year improvement was attributed to a 1.2% increase in average paid worksite employees. Operating Results Gross profit increased 5.0% from the year-ago quarter to $108.1 million. Gross margin was 17.7%, up from 17.3% in the year-ago quarter. The improvement was led by higher gross profit per worksite employee per month. Total operating expenses surged 7.7% year over year. Operating margin was 3.6% compared with 3.9% in the year-ago period. Earnings before interest, tax and depreciation (EBITDA) was $27.3 million, down from $27.6 million in the year-ago quarter. Insperity reported net income of $12.8 million or 51 cents per share compared with $13.5 million or 54 cents in the year-ago quarter. Balance Sheet & Share Repurchase Insperity exited the first quarter with cash, marketable securities and restricted cash of $326.2 million, down from $328.6 million in the previous quarter. Accounts receivable increased 5.7% sequentially to $201.2 million. During the quarter, the company repurchased 472,211 shares worth $13.5 million and paid dividend of $4.3 million. Guidance Insperity expects gross profit per worksite employee in the range of $253.0-$255.0 for the second quarter of 2013 and in the range of $260.0-$263.0 for fiscal 2013. The sequential decrease is mainly due to seasonality. The company expects operating expenses in the range of $87.75-$88.5 million for the second quarter and in the range of $340.5-$342.5 million for fiscal 2013. For fiscal 2013, the company expects earnings per share in the range of $1.51-$1.61, given a tax rate of 40.0% and diluted shares outstanding of 25.6 million. Conclusion Insperity provides human resources (HR) as well as business solutions to small and medium business (SMBs) to help them perform better. Insperity's first quarter results were disappointing with the top line missing the Zacks Consensus Estimate and the bottom line matching the same. Though second quarter guidance seems weak on seasonality, we are encouraged by a better visibility into fiscal 2013. We believe that management's initiatives to expand the number of Business Performance Advisors and implement health care reform strategy will help it achieve its fiscal 2013 guidance. In an internal survey, Insperity found that most of the SMBs are willing to add employees in order to expand business activities. This will have a positive impact on Insperity's fundamentals. A debt-free balance sheet, share repurchases and dividend payouts are positive, but increasing expenses, stiff competition from Automatic Data Processing Inc. ( ADP ), Paychex Inc. ( PAYX ) and Manpower Group Inc. ( MAN ) are concerns. Currently, Insperity has a Zacks Rank #3 (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report MANPOWER INC WI (MAN): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""New Stock Coverage: T-Mobile Gets Lukewarm Reception The Dow (^DJI) snapped a four-session winning streak, with free markets enduring an especially inauspicious time of it on the sort of May Day only Fidel Castro could love. April showers, it turned out, only soaked investors on the first day of the month, although flowers were not far to be found if you looked hard enough. (Indeed even Cuba's communist icon was once spotted laying a wreath at the cathedral of capitalism .) A fat lot of good it did the Knicks , but MadisonSquare Garden ( MSG ) was in full bloom in hitting an all-time high. Longtime T-Mobile USA ( TMUS ) mouthpiece Catherine-Zeta-Jones , who once starred in a show called The Darling Buds Of May , will have enjoyed an analyst inspired 6.17% surge in that stock, especially as she is married to Gordon Gekko. Ahead of Saturday's Run for the Roses, Louisville's own Humana ( HUM ) jumped 4.66%. The Garden State's Automatic Data Processing ( ADP ), based in Roseland, reached a new best even as it reported April private-sector jobs rose less than expected. Champagne socialists in France, complaining about austerity, celebrated the days of whine and roses by putting the \u00c3\u0089lys\u00c3\u00a9e Palace's prized cellars on the market. And in San Francisco - where they once put flowers in their hair - hometown hero Trulia (TRLA) gained 12.84% after finding free love among the analyst community . We're now more than two-thirds of way through earnings season, but key results continue to roll in. Among today's standouts are American International Group (AIG), British Sky Broadcasting ( BSYBY ), General Motors (GM), Gilead Sciences (GILD), Kellogg (K), Kraft Foods (KRFT), LinkedIn (LNKD), Monster Worldwide (MWW), Royal Dutch Shell (RDS-A), and Sanofi-Aventis (SNY). ION Geophysical (IO): Barrington begins Outperform rated research on IO. Sucampo Pharmaceuticals (SCMP): The stock is begun with a Buy at MLV & Co, whose price objective is $14. Recent approval of Amitiza, used to treat conditions including chronic idiopathic constipation and irritable bowel syndrome, is a catalyst. T-Mobile US ( TMUS ): Shares, which surged 6.17% yesterday on their NYSE trading d\u00c3\u00a9but after a bullish Buy initiation from Goldman Sachs (GS), are this morning assigned only a Hold at Argus. (See also: Stock Upgrades: Comedy Central Owner Viacom Laughing All the Way to the Bank and Stock Downgrades: MasterCard No Longer Quite So 'Priceless.' ) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for May 3, 2013 : DUK, ADP, REGN, SE, MCO, HST, SWN, IEP, NWL, PNW, BPL, LNT T he following companies are expected to report earnings prior to market open on 05/03/2013. Visit our Earnings Calendar for a full list of expected earnings releases. Duke Energy Corporation ( DUK ) is reporting for the quarter ending March 31, 2013. The electric power utilities company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.04. This value represents a 173.68% increase compared to the same quarter last year. In the past year DUK has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 7.69%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for DUK is 17.26 vs. an industry ratio of 12.10, implying that they will have a higher earnings growth than their competitors in the same industry. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending March 31, 2013. The outsourcing company's consensus earnings per share forecast from the 18 analysts that follow the stock is $0.98. This value represents a 6.52% increase compared to the same quarter last year. In the past year ADP has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ADP is 22.96 vs. an industry ratio of 15.30, implying that they will have a higher earnings growth than their competitors in the same industry. Regeneron Pharmaceuticals, Inc. ( REGN ) is reporting for the quarter ending March 31, 2013. The biomedical (gene) company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.06. This value represents a 562.50% increase compared to the same quarter last year. In the past year REGN has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 13.08%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for REGN is 51.70 vs. an industry ratio of 17.50, implying that they will have a higher earnings growth than their competitors in the same industry. Spectra Energy Corp ( SE ) is reporting for the quarter ending March 31, 2013. The oil (production/pipeline) company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.48. This value represents a 5.88% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for SE is 20.40 vs. an industry ratio of 22.10. Moody's Corporation ( MCO ) is reporting for the quarter ending March 31, 2013. The financial services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.87. This value represents a 14.47% increase compared to the same quarter last year. In the past year MCO has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 7.14%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MCO is 17.32 vs. an industry ratio of -63.20, implying that they will have a higher earnings growth than their competitors in the same industry. Host Hotels & Resorts, Inc. ( HST ) is reporting for the quarter ending March 31, 2013. The reit company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.23. This value represents a 64.29% increase compared to the same quarter last year. In the past year HST has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 8.11%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for HST is 14.58 vs. an industry ratio of 15.40. Southwestern Energy Company ( SWN ) is reporting for the quarter ending March 31, 2013. The gas distribution company's consensus earnings per share forecast from the 23 analysts that follow the stock is $0.39. This value represents a 25.81% increase compared to the same quarter last year. SWN missed the consensus earnings per share in the 1st calendar quarter of 2012 by -3.12%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for SWN is 20.18 vs. an industry ratio of 17.60, implying that they will have a higher earnings growth than their competitors in the same industry. Icahn Enterprises L.P. ( IEP ) is reporting for the quarter ending March 31, 2013. The diversified operations company's consensus earnings per share forecast from the 1 analyst that follows the stock is $3.62. This value represents a 654.17% increase compared to the same quarter last year. In the past year IEP Zacks Investment Research reports that the 2013 Price to Earnings ratio for IEP is 8.96 vs. an industry ratio of 13.90. Newell Rubbermaid Inc. ( NWL ) is reporting for the quarter ending March 31, 2013. The consumer company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.32. This value represents a 3.03% decrease compared to the same quarter last year. In the past year NWL has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 2.38%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for NWL is 14.34 vs. an industry ratio of 13.60, implying that they will have a higher earnings growth than their competitors in the same industry. Pinnacle West Capital Corporation ( PNW ) is reporting for the quarter ending March 31, 2013. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.08. This value represents a 214.29% increase compared to the same quarter last year. PNW missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -0.9%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PNW is 16.97 vs. an industry ratio of 12.10, implying that they will have a higher earnings growth than their competitors in the same industry. Buckeye Partners L.P. ( BPL ) is reporting for the quarter ending March 31, 2013. The oil/gas company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.72. This value represents a 33.33% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for BPL is 19.35 vs. an industry ratio of 27.70. Alliant Energy Corporation ( LNT ) is reporting for the quarter ending March 31, 2013. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.62. This value represents a 24.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for LNT is 16.83 vs. an industry ratio of 12.10, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-05-03,48.4575,48.995,48.1064,48.9615,"[""Earnings Scheduled For May 3, 2013"", ""US Stock Futures Flat; All Eyes On Nonfarm Payrolls Data"", ""Automatic Data Processing, Inc. Reports Q3 EPS of $0.99 vs $0.98 Est; Revenue of $3.10B vs $3.11B Est"", ""Automatic Data Processing, Inc. Reports Q3 EPS of $0.99 vs $0.98 Est; Revenue of $3.10B vs $3.11B Est"", ""US Stock Futures Flat; All Eyes On Nonfarm Payrolls Data"", ""Earnings Scheduled For May 3, 2013"", ""ADP's 3Q Earnings Beat By a Penny - Analyst Blog Automatic Data Processing Inc. ( ADP ) reported third quarter 2013 earnings from continuing operations of 99 cents per share, beating the Zacks Consensus Estimate by a penny. Reported earnings per share increased 8.8% from the year-ago quarter. Quarter Details Revenues increased 7% year over year to $3.11 billion and came in line with the Zacks Consensus Estimate. Organic growth was 6% in the quarter. The year-over-year revenue growth was driven by strong performance of the Employer Services, PEO Services and Dealer Services segments. Employer Services revenues increased 7% year over year (6% organically) to $2.21 billion. The number of employees on clients' payrolls in the United States grew 2.7% in the quarter on a same-store-sales basis. PEO Services revenue increased 10% year over year to $565.5 million in the reported quarter. Dealer Services revenue increased 8% on a year over year basis to $460.5 million. Interest on funds held for clients declined 16% year over year to $112.0 million. The decline was primarily due to a 50 basis points (bps) drop in the average interest yield to 1.9%, which was partially offset by a 7% increase in average client funds balances to $23.2 billion. Total expenses in the reported quarter increased 7.2% year over year to $2.40 billion, attributable to higher operating expenses (up 7.7% year over year), selling, general & administrative expense (up 5.6% year over year) and systems development & programming costs (up 14.3% year over year). The company reported pre-tax earnings from continuing operations of $724.8 million, up 6% from the year-ago quarter. Net earnings from continuing operations increased 7% from the year-ago quarter to $482.7 million. The company exited the quarter with cash and cash equivalents (including short-term marketable securities) of $1.68 billion compared with $1.43 billion in the previous quarter. Long-term debt was $15.3 million. Guidance For fiscal 2013, ADP revised its revenue growth outlook from 5.0%-7.0% to 6%-7% on a year-over-year basis. Earnings growth estimates were also revised from a range of 5.0%-7.0% to 6%-7%. Employer Services revenues are expected to grow approximately 7% with a pre-tax margin expansion of approximately 50 bps. PEO Services revenue is forecast to improve 12.0%. Pre-tax margin is expected to grow slightly on a year-over-year basis. The company expects Dealer Services revenue to increase in the 8.0%-9.0% range with a pre-tax margin expansion in excess of 100 bps. The company expects interest on funds held for clients to decline 15% year over year to approximately $420 million. Recommendation The company reported better-than-expected results on the back of improved execution and higher client retention. However, volatile macro economic environment and increasing competition from Paychex Inc. ( PAYX ), Insperity Inc. ( NSP ) and EquifaxInc ( EFX ) are the near-term headwinds. Currently, ADP has a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Finally Some Positive Jobs Data - Ahead of Wall Street Friday, May 3, 2013 The market finally has a good enough reason to go up today in the April non-farm payroll report. Not that it needed any prompt from economic data to go up; stocks have been going up irrespective of economic and earnings data lately. The 'headline' April jobs number of 165K came in better than expectations of about 150K and March's 138K level (revised higher from 88K). The consensus estimate did not fall much following the weaker than expected report from ADP on Wednesday, though many were 'ready' for another soft jobs report. Today's positive jobs report follows weeks of soft economic data, including this week's weaker than expected ISM and ADP ( ADP ) surveys. We get the service-sector ISM survey sector a little later today, but the manufacturing ISM survey earlier this week was barely in the positive territory. The revisions trend was particularly positive, with net positive revisions to March and February adding 114K to the total. March's originally reported 88K tally was revised higher to 138K and February was raised to 332K from 268K. Average weekly hours for the private sector ticked down by 0.2 hours to 34.4, while average hourly earnings went up by 4 cents $23.87. The labor force participation rate remained unchanged from the March level at 63.3%, but down from 63.6% in January. Private sector jobs totaled 176K in April, up from 154K in March, but significantly below February's 319K tally. The private sector gains were concentrated in professional and business services, food services, retail, and healthcare. Professional and business services added 73K jobs in the month, bringing the industry's 12-month tally to 587K (Temporary jobs were up +31K in April). Contrary to fears, Retail added 29K jobs in April, which should help ease concerns that the payroll tax changes were a big drag for the sector. Construction and manufacturing didn't add any jobs during the month. This is a good report and should help ease concerns about the economy a bit. And it's a market-friendly report in the sense that it doesn't affect expectations about the Fed. Monthly job gains in the April vicinity are not strong enough to prompt the Fed to scale back its bond purchase program. The market's upbeat response to the recent spate of soft economic reports that has pushed stocks into record territory is based on the assurance that the Fed will continue its cheap money policy. Today's jobs report wouldn't change that view. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Bears Get Smashed as the S&P Soars Past 1600 The bears got slammed on Friday as the S&P 500 (INDEXSP:.INX) soared past the key 1600 level following a better-than-expected jobs report. Following a recent spate of economic data implying a US slowdown, not to mention an earnings season that can be described as so-so at best, it appears that expectations were fairly low heading into this morning's jobs report. Thus, the bears were caught off guard when the big headline number -- the change in nonfarm payrolls -- came in at 165K, beating the 138K consensus. Additionally, both the February and March numbers were revised up significantly. On the negative side, average weekly work hours and aggregate earnings declined while the underemployment rate rose, but again, expectations were fairly low and traders were content to cue off the positive headline numbers. That 165K print drove a day that can very much be described as risk-on. The small-cap Russell 2000 (INDEXRUSSELL:RUT) was up significantly, as were economically-sensitive sectors like Industrials and Materials. We also received the April ISM Services report today, which disappointed slightly at 53.1. On the flip side, we saw sharp falls in safety plays, with utility and health care stocks (the two best-performing sectors of 2013) being notable underperformers. There was also a sharp increase in US Treasury yields as bond prices fell. Somewhat unusually, high-yield bonds were flat-to-up on a price basis today. This took some traders by surprise; when considering the sharp increase in yields, the conventional wisdom would imply at least a modest decline in the high-yield market. This particular sector has been on a tear as of late, and today's move, while not impressive on a nominal basis, represents an extension in momentum for a seemingly overheated sector. In earnings news, we saw better-than-expected numbers from Automatic Data Processing ( ADP ), Spectra Energy ( SE ), and Moody's ( MCO ), and misses from WellCare Health Plans ( WCG ), Duke Energy ( DUK ), and Buckeye Partners (BPL). Overall though, as noted above, earnings season has not been terribly impressive and we didn't see anything to change that view. Tomorrow's Financial Outlook There are no economic data releases on the calendar for Monday. Earnings season will continue, however, with notable reports coming from Sysco (SYY) and Tyson Foods (TSN) before the open, and Plains All American Pipeline (PAA) and EOG Resources (EOG) after the close. Near-term market direction remains hard to gauge as lately the market's been inclined to remain stable on bad news yet jump on positive news. This trend is generating a lot of frustration among the bears, who are not seeing price confirmation of the slowdown they correctly see in economic fundamentals. This may be an indication of the low expectations referenced above, and which were perhaps best encapsulated today in this morning's pre-NFP Drudge Report headline: \""How Low Will It Go?\"" Twitter: @Minyanville The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. Reports Q3 EPS of $0.99 vs $0.98 Est; Revenue of $3.10B vs $3.11B Est"", ""US Stock Futures Flat; All Eyes On Nonfarm Payrolls Data"", ""Earnings Scheduled For May 3, 2013""]" ADP,2013-05-06,48.9101,48.9101,48.4645,48.5739,"[""Stifel Nicolaus Maintains Buy on Automatic Data Processing, Inc., Raises PT to $72.00"", ""Stifel Nicolaus Maintains Buy on Automatic Data Processing, Inc., Raises PT to $72.00"", ""Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for May 07, 2013 C omputer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on May 07, 2013. A cash dividend payment of $0.51 per share is scheduled to be paid on May 24, 2013. Shareholders who purchased CPSI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.87% increase over the same period a year ago. At the current stock price of $51, the dividend yield is 4%. The previous trading day's last sale of CPSI was $51, representing a -13.81% decrease from the 52 week high of $59.17 and a 13.46% increase over the 52 week low of $44.95. CPSI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CPSI's current earnings per share, an indicator of a company's profitability, is $2.84. Zacks Investment Research reports CPSI's forecasted earnings growth in 2013 as 5.58%, compared to an industry average of 6.3%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Cash Is No Longer King Submitted by Abby Joseph at Profit Confidential as part of our contributors program . With employment figures the big news of the day, the business of human resources ( HR ) is still a good one. Technology is changing the HR landscape, and I believe that exposure to this industry is useful as part of a stock market portfolio-but at the right price. Automatic Data Processing, Inc. (NASDAQ/ADP) out of Roseland, New Jersey is the blue-chip payroll and HR outsourcing firm that many regard as a technology stock. The company is a great barometer on employment, investor sentiment, and the stock market. Like many blue chips, Automatic Data Processing ( ADP ) did nothing for 10 years after 2001. The stock broke out of its sideways trend in 2011. For such a mature enterprise, ADP has significantly increased in price over the last two years. I like this business, but I view it as fully priced, given current earnings . The Ultimate Software Group, Inc. (NASDAQ/ULTI) from Westin, Florida struggled initially to find its stride, but the stock (which is more than fully priced) has certainly found it now. This firm is a cloud provider of HR services and has a lot of growing corporations as customers. As an enterprise, this is exactly what you want. First-quarter 2013 earnings saw revenues grow 25% to $97.9 million. Generally Accepted Accounting Principles (GAAP) earnings were $4.5 million, or $0.16 per diluted share, compared to first-quarter 2012 GAAP earnings of $1.0 million, or $0.04 per diluted share. Non-GAAP earnings excluding stock-based compensation were $9.2 million, or $0.32 per diluted share, compared to $3.7 million, or $0.13 per diluted share year-over-year. Cash and marketable securities grew to $79.0 million from $68.0 million. Looking at revenues and earnings this first quarter, it's very clear that many large corporations actually are in better shape than they were this time last year. But the numbers also reveal weakness. And that weakness is in the ability of the marketplace to deliver real economic growth. The stock market has gone up as institutional investors bet that the U.S. economy will improve in the bottom half of the year. This is a possibility. Corporations have unprecedented amounts of cash to jumpstart the U.S. economy. But they still aren't spending; they are keeping it and returning more to shareholders. This is the real problem, and it's fostered by a continued state of uncertainty and nervousness. The Federal Reserve's unprecedented monetary actions have provided an environment in which institutional investors can buy the stock market. The result of ballooning amounts of cash and a continued lack of corporate investment, combined with ballooning amounts of monetary stimulus, in effect, have proven to cancel each other out. All the loose cash has created virtually nothing except a paper stock market gain. There continues to be a lack of real economic growth and genuine employment gains with greater labor force participation. Healthy balance sheets are extremely important. But the unwillingness of corporations to invest is what's holding everything back. Investment risk right now is increasing. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stifel Nicolaus Maintains Buy on Automatic Data Processing, Inc., Raises PT to $72.00""]" ADP,2013-05-07,48.5098,48.8618,48.4645,48.5502, ADP,2013-05-08,48.5453,48.6577,48.3796,48.4862,"[""Broadridge Misses 3Q Earnings, Grows Y/Y - Analyst Blog Broadridge Financial Solutions Inc. ( BR ) posted third-quarter fiscal 2013 adjusted earnings per share (EPS) of 39 cents, missing the Zacks Consensus Estimate of $1.11 by a wide margin. Revenues Total revenue in the third quarter was $576.7 million, up 5.4% from $547.0 million a year ago. The year-over-year improvement was buoyed by increase in recurring revenues of approximately $16.0 million and higher distribution revenues of $13.0 million. Broadridge managed to sustain a 99% client retention rate. Recurring revenue closed sales were $24.0 million in the third quarter, up 50.0% from the year-ago quarter. Segment Revenues The Investor Communication Solutions segment generated $404.2 million in revenues, up 8.1% from $374.0 million in the prior-year quarter. The increase was attributable to higher recurring revenues from new business, revenue gains from acquisitions, and higher distribution revenues. The Securities Processing Solutions segment reported revenues of $169.6 million, up 0.2% from $169.3 million in the prior-year quarter. The increase was driven by strength in new business, partially offset by decline in revenues from the new outsourcing agreement with Apex Clearing Corporation, replacing the terminated outsourcing agreement with Penson Worldwide Inc. Operating Results Total expenses in the quarter decreased 1.8% year over year to $509.0 million. Reported pre-tax income was $67.7 million, up from $28.8 million in the year-ago quarter. Pre-tax margin grew 490 basis points year over year to 8.7%. GAAP net income from continuing operations increased 139.8% year over year to $43.4 million. Earnings per share in the quarter grew 146.3% to 35 cents from 14 cents in the year-ago quarter. The significant increase in earnings from the prior-year figures was due to the impact of the Penson impairment charge and International Business Machines Corp. 's ( IBM ) migration costs in the prior year. The cost of migrating to IBM's platform follows an information technology services agreement signed between the two companies in Mar 2010. As per the deal, IBM will provide certain aspects of Broadridge's information technology infrastructure that are currently being provided under a data center outsourcing services agreement with Automatic Data Processing Inc. ( ADP ). Excluding the effect of acquisition amortization and other costs, restructuring and impairment charges, adjusted net income was $49.5 million or 39 cents per share compared with $40.6 million or 32 cents in the year-ago quarter. Balance Sheet Broadridge exited the quarter with cash and cash equivalents of $182.2 million, down from $259.1 million in the prior quarter. Receivables increased 35.1% from the previous quarter to $412.2 million. Long-term debt remained sequentially unchanged at $524.5 million. Guidance Reiterated For fiscal 2013, Broadridge expects revenue growth of 3.0% to 4.0% and recurring revenue growth of 4.0% to 7.0%. The company expects recurring revenue closed sales to be the key driver of revenue growth. Recurring revenue closed sales are forecast in the range of $110.0 million to $150.0 million. GAAP pretax margin is expected in the range of 13.8% to 14.4% while non-GAAP margin is expected between 15.1% and 15.7%. Earnings per share are expected between $1.60 and $1.70. However, excluding the effect of Penson charges, adjusted EPS is still expected in the range of $1.76-$1.86. Management also expects adjusted free cash flow in the range of $196.0 million to $249.0 million (previously $200.0 million to $250.0 million). Our Take Though Broadridge's third quarter earnings missed the Zacks Consensus Estimate by a wide margin, the top and bottom line were above the prior-year figures. Despite positive momentum, Broadridge reiterated its guidance for the fiscal year, which we believe is due to the unpredictable nature of mutual fund proxy revenues. The company believes that outsourcing will be a key driver of its growth and we believe that Broadridge is in a position to make such deals. Broadridge entered into a 10-year Master Services Agreement with Apex, under which Apex will outsource its securities processing and back office support services to Broadridge. The company also states that internal growth appears to be moving in a positive direction, which is a bright spot in the quarter. We remain optimistic on Broadridge's strategic acquisitions, new product launches, share repurchase program and dividend payout. But significant competition from companies such as HD Supply and DST Systems Inc. ( DST ) has intensified pricing pressure for the company. Currently, Broadridge has a Zacks Rank #3 (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report BROADRIDGE FINL (BR): Free Stock Analysis Report DST SYSTEMS (DST): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Digimarc Corporation (DMRC) Ex-Dividend Date Scheduled for May 09, 2013 D igimarc Corporation ( DMRC ) will begin trading ex-dividend on May 09, 2013. A cash dividend payment of $0.11 per share is scheduled to be paid on May 20, 2013. Shareholders who purchased DMRC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that DMRC has paid the same dividend. At the current stock price of $25.54, the dividend yield is 1.72%. The previous trading day's last sale of DMRC was $25.54, representing a -8.95% decrease from the 52 week high of $28.05 and a 44.46% increase over the 52 week low of $17.68. DMRC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DMRC's current earnings per share, an indicator of a company's profitability, is $.58. For more information on the declaration, record and payment dates, visit the DMRC Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-05-09,48.7209,49.6795,48.6577,49.5029, ADP,2013-05-10,49.5907,49.6952,49.209,49.5266, ADP,2013-05-13,49.35,49.6212,49.3195,49.563, ADP,2013-05-14,49.6478,50.1498,49.6391,50.077,"Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for May 15, 2013 J ack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on May 15, 2013. A cash dividend payment of $0.2 per share is scheduled to be paid on May 30, 2013. Shareholders who purchased JKHY stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 53.85% increase over the prior quarter. At the current stock price of $47.24, the dividend yield is 1.69%. The previous trading day's last sale of JKHY was $47.24, representing a -1.19% decrease from the 52 week high of $47.81 and a 46.84% increase over the 52 week low of $32.17. JKHY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). JKHY's current earnings per share, an indicator of a company's profitability, is $1.99. Zacks Investment Research reports JKHY's forecasted earnings growth in 2013 as 17.7%, compared to an industry average of -15.5%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Interested in gaining exposure to JKHY through an Exchange Traded Fund [ETF]? The following ETF(s) have JKHY as a top-10 holding: Power Shares XTF: Dynamic Market Portfolio ( PWC ). The top-performing ETF of this group is PWC with an increase of 17% over the last 100 days. It also has the highest percent weighting of JKHY at 0.49%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-05-15,50.1034,50.7436,50.0373,50.7357, ADP,2013-05-16,50.5808,50.853,50.1262,50.2002, ADP,2013-05-17,50.5384,50.9221,50.213,50.9131,"[""Bank of America Maintains Buy on Automatic Data Processing, Inc., Raises PO to $78.00"", ""UPDATE: Bank of America Raises PT on Automatic Data Processing Following Expansion Beyond Payroll"", ""UPDATE: Bank of America Raises PT on Automatic Data Processing Following Expansion Beyond Payroll"", ""Bank of America Maintains Buy on Automatic Data Processing, Inc., Raises PO to $78.00"", ""UPDATE: Bank of America Raises PT on Automatic Data Processing Following Expansion Beyond Payroll"", ""Bank of America Maintains Buy on Automatic Data Processing, Inc., Raises PO to $78.00""]" ADP,2013-05-20,50.9221,50.9221,50.0827,50.2464,"Energy Stocks Rising Today; Chesapeake Energy Names New CEO, Lifting Shares 4% Top Energy Stocks XOM +0.81% CVX +0.98% COP +1.48% SLB +1.89% OXY +0.71% Energy stocks were higher with the NYSE Energy Sector Index (^NYE) rising about 1% and the S&P Energy Index (^IXE) climbing almost 1.5%. Crude oil for June delivery (CLM13.NYM) was up 79 cents to $96.81 per barrel while June natural gas (NGM13.NYM) cents was up 8 cents to $4.14 per 1 mln BTU. In company news, Chesapeake Energy Corp. ( CHK ) was up 3.8% to $21.04 after naming Doug Lawler as its new CEO, replacing Aubrey McClendon, who stepped down April 1. Lawler currently is senior vice president of international and deepwater operations at Anadarko ( ADP ). He started his career with Kerr McGee Corp, which ADP acquired in 2006. ""There is significant value in Chesapeake's asset base and the growth potential of the Company is tremendous,"" Lawler said in a prepared remarks. ""I look forward to accelerating the momentum that the Chesapeake team has built to generate value for our shareholders in the years ahead."" In other sector news, (+) PXP, (+7.2%) Declared a special dividend of $3 a share, conditioned on the oil company completing its merger with Freeport-McMoRan Copper & Gold Inc. ( FCX ). PXP shareholders are voting on the deal today. FCX shares are up 0.6%. (-) RIG, (-0.6%) Named in a suit filed late Friday by Texas officials seeking damages connected to the April 2010 explosion and resulting oil spill at the Deepwater Horizon offshore drilling platform. Other defendants include BP ( BP ), Anadarko ( APC ) and Halliburton (HAL). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-05-21,50.2337,50.5138,50.077,50.2337,"CSP Inc. (CSPI) Ex-Dividend Date Scheduled for May 22, 2013 C SP Inc. ( CSPI ) will begin trading ex-dividend on May 22, 2013. A cash dividend payment of $0.1 per share is scheduled to be paid on June 03, 2013. Shareholders who purchased CSPI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -50% decrease from the prior quarter. The previous trading day's last sale of CSPI was $8.43, representing a -3.1% decrease from the 52 week high of $8.70 and a 120.67% increase over the 52 week low of $3.82. CSPI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSPI's current earnings per share, an indicator of a company's profitability, is $1.89. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-05-22,50.2741,50.3412,49.5177,49.6873, ADP,2013-05-23,49.4427,49.6538,49.3066,49.4556,"[""Intersections, Inc. (INTX) Ex-Dividend Date Scheduled for May 24, 2013 I ntersections, Inc. ( INTX ) will begin trading ex-dividend on May 24, 2013. A cash dividend payment of $0.2 per share is scheduled to be paid on June 07, 2013. Shareholders who purchased INTX stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $10.29, the dividend yield is 7.77%. The previous trading day's last sale of INTX was $10.29, representing a -37.97% decrease from the 52 week high of $16.59 and a 31.42% increase over the 52 week low of $7.83. INTX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). INTX's current earnings per share, an indicator of a company's profitability, is $.83. For more information on the declaration, record and payment dates, visit the INTX Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for May 24, 2013 D ST Systems, Inc. ( DST ) will begin trading ex-dividend on May 24, 2013. A cash dividend payment of $0.3 per share is scheduled to be paid on June 14, 2013. Shareholders who purchased DST stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $69.2, the dividend yield is 1.73%. The previous trading day's last sale of DST was $69.2, representing a -4.35% decrease from the 52 week high of $72.35 and a 44.53% increase over the 52 week low of $47.88. DST is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DST's current earnings per share, an indicator of a company's profitability, is $7.9. Zacks Investment Research reports DST's forecasted earnings growth in 2013 as 10.8%, compared to an industry average of 9.6%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Interested in gaining exposure to DST through an Exchange Traded Fund [ETF]? The following ETF(s) have DST as a top-10 holding: PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 10.04% over the last 100 days. It also has the highest percent weighting of DST at 2.77%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-05-24,49.2731,49.3993,49.0019,49.3993, ADP,2013-05-28,49.8609,50.2504,49.6598,49.8539,"Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for May 29, 2013 O pen Text Corporation ( OTEX ) will begin trading ex-dividend on May 29, 2013. A cash dividend payment of $0.3 per share is scheduled to be paid on June 21, 2013. Shareholders who purchased OTEX stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $68.25, the dividend yield is 1.76%. The previous trading day's last sale of OTEX was $68.25, representing a -4.21% decrease from the 52 week high of $71.25 and a 52.79% increase over the 52 week low of $44.67. OTEX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). OTEX's current earnings per share, an indicator of a company's profitability, is $1.95. Zacks Investment Research reports OTEX's forecasted earnings growth in 2013 as 24.37%, compared to an industry average of 9.8%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-05-29,49.5029,49.6478,49.1528,49.3412, ADP,2013-05-30,49.5098,49.6478,49.3707,49.3707, ADP,2013-05-31,49.1015,49.6174,48.5098,48.5975,"Jiayuan.com International Ltd. (DATE) Ex-Dividend Date Scheduled for June 03, 2013 J iayuan.com International Ltd. ( DATE ) will begin trading ex-dividend on June 03, 2013. A cash dividend payment of $0.26 per share is scheduled to be paid on June 19, 2013. Shareholders who purchased DATE stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $5.45, the dividend yield is 4.77%. The previous trading day's last sale of DATE was $5.45, representing a -18.41% decrease from the 52 week high of $6.68 and a 41.93% increase over the 52 week low of $3.84. DATE is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DATE's current earnings per share, an indicator of a company's profitability, is $.3. Zacks Investment Research reports DATE's forecasted earnings growth in 2013 as -16.67%, compared to an industry average of 5.2%. For more information on the declaration, record and payment dates, visit the DATE Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-06-03,48.5581,49.2297,48.5581,49.1853, ADP,2013-06-04,49.1153,49.4131,48.5305,48.7761, ADP,2013-06-05,48.5383,48.7277,47.9417,47.9901,"[""Evolving Systems, Inc. (EVOL) Ex-Dividend Date Scheduled for June 06, 2013 E volving Systems, Inc. ( EVOL ) will begin trading ex-dividend on June 06, 2013. A cash dividend payment of $0.08 per share is scheduled to be paid on July 12, 2013. Shareholders who purchased EVOL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -95.29% decrease from the same period a year ago. At the current stock price of $6.55, the dividend yield is 4.89%. The previous trading day's last sale of EVOL was $6.55, representing a -10.88% decrease from the 52 week high of $7.35 and a 25.96% increase over the 52 week low of $5.20. EVOL is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EVOL's current earnings per share, an indicator of a company's profitability, is $.52. Zacks Investment Research reports EVOL's forecasted earnings growth in 2013 as -50%, compared to an industry average of -18.4%. For more information on the declaration, record and payment dates, visit the EVOL Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mentor Graphics Corporation (MENT) Ex-Dividend Date Scheduled for June 06, 2013 M entor Graphics Corporation ( MENT ) will begin trading ex-dividend on June 06, 2013. A cash dividend payment of $0.045 per share is scheduled to be paid on July 01, 2013. Shareholders who purchased MENT stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $19.08, the dividend yield is .94%. The previous trading day's last sale of MENT was $19.08, representing a -0.88% decrease from the 52 week high of $19.25 and a 44.44% increase over the 52 week low of $13.21. MENT is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). MENT's current earnings per share, an indicator of a company's profitability, is $.93. Zacks Investment Research reports MENT's forecasted earnings growth in 2014 as -14.22%, compared to an industry average of 3.7%. For more information on the declaration, record and payment dates, visit the MENT Dividend History page. Interested in gaining exposure to MENT through an Exchange Traded Fund [ETF]? The following ETF(s) have MENT as a top-10 holding: PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 8.89% over the last 100 days. It also has the highest percent weighting of MENT at 2.96%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Primer: Job Growth Weak; Apple Gets Slammed With Import Ban Stocks are set to extend yesterday's declines after a disappointing report on the job market and continued economic misery in Europe. In a preview for Friday's key government non-farm payrolls report, the payroll processor ADP ( ADP ) tallied just 135,000 new private-sector jobs in May, versus 171,000 expected. Small businesses did the most hiring, adding 58,000 workers. Medium and large businesses both hired just 39,000. Later this morning, April factory orders and the May ISM non-manufacturing index come out. Economists expect orders to have grown 1.4% after March's 4% fall. The service sector is expected to show stronger growth, rising to 53.8 from 53.1 in April. The Federal Reserve's Beige Book, a compilation of anecdotal signs of the economy's health, comes out in the afternoon. This one carries considerable weight because it hints at the tone of the next Federal Open Markets Committee meeting two weeks from now, where the Fed might vote to taper off stimulus. Before the opening bell, futures pointed towards a rough trading day. Dow (INDEXDJX:.DJI) futures are off 0.38% at 15,121. S&P 500 (INDEXSP:.INX) futures fell 0.46% to 1,623.70 and future contracts on the Nasdaq (INDEXNASDAQ:.IXIC) index climbed 0.39% to 2,963.25. Japanese Prime Minister Shinzo Abe unveiled the \""third arrow\"" of his ambitious plan to end the deflationary spiral and revive the country's economy. The plan involves special economic zones, privatization of public assets, returning to nuclear power, cutting corporate taxes, and reforms of the labor and power markets. As reported earlier, public pensions will get back into stocks. Abe's target is for 2% annual GDP growth over 10 years. Investors found the plan underwhelming, however, and the Nikkei (INDEXNIKKE:.NI225) plunged 3.83%. European shares are also down sharply today on the heels of more ugly economic data. The eurozone's collective GDP fell 1.1% year-over-year in the first quarter, confirming the eurozone recession. Retail sales in the region fell 0.5% in April. Markit's May service sector PMI readings showed contractions in several key countries. Spain's reading came in at 47.3, the 23rd straight month of declines. (Readings below 50 signify a downturn in the sector.) Italy's services fell to 46.5 from 47 in April. Germany weakened to 49.7 and France was unchanged at 44.3. Despite this, Latvia was approved as the 18th member of the eurozone after the European Central Bank signed off on its application. The ECB was concerned, however, about the alarmingly high levels of foreign deposits in the country, especially from Russia. Non-resident deposits are near 50% of the total. Olli Rehn, the European Commissioner for Economic and Monetary Affairs, allayed fears that Latvia could be a repeat of the Cyprus debacle. In a press conference, he pointed out that the banking sector in Latvia is only about 150% of GDP, whereas it is 800% of the Cypriot economy. Latvia could adopt the common currency as early as January. The US International Trade Commission gave Samsung (KRX:05930) a small win over Apple ( AAPL ). The ruling bars the 3G models of the first two iPads as well as the iPhone 3GS and 4 for violating a standards-essential patent owned by Samsung. Apple shares fell 0.5% in the pre-market despite some of those barred models being discontinued. Twitter: @vincent_trivett The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-06-06,47.8659,48.1124,47.5817,48.0473, ADP,2013-06-07,48.4505,48.8343,48.2179,48.7357,"No Resolution to ???Taper??? Issue - Ahead of Wall Street Friday, June 7, 2013 The May jobs report presents a positive picture of the U.S. economy, even though the unemployment rate ticked up and revisions were on the negative side. From the market's perspective, this report keeps the 'taper' spotlight in place, even though the odds of the announcement coming out of this month's FOMC meeting are even lower now. The consensus view continues to be of 'no tapering' this year, it may be more realistic to start thinking of September as the likely time. The 'headline' May jobs number of 175K came in modestly better than expectations of about 169K and April's 149K level (revised lower from 165K). The consensus estimate did not fall much following the weaker than expected report from ADP on Wednesday, though many were 'ready' for another soft jobs report. The jobs report had been of intense focus for the market in recent days given the market's ongoing focus on the Fed's QE program. The revisions trend was negative, with April's numbers revised down (+149 vs. +165) and March's up (+142 vs. +138) for a net reduction of 12K for both months. The unemployment rate ticked up to 7.6% from 7.5%, while average workweek and hourly earnings remained unchanged. Average hourly earnings in May were up 2% or 46 cents from the same period the year before. The labor force participation rate ticked up to 63.4% from April's 63.3%. Private sector jobs totaled 178K in May, up from 157K in April and 154K in March; the government sector lost jobs, with federal government jobs declining by 14K in May. Over the last three months, federal government employment has dropped by 45K, likely reflecting the impact of budget sequester. The private sector gains were concentrated in professional and business services, food services, and retail. Professional and business services added 57K jobs in the month, bringing the industry's 12-month tally to 589K (Temporary jobs were up +26K in May). Construction jobs were up 7K after dropping 2K in April, while manufacturing as a whole lost 8K jobs in May after losing 9K the month before. This is inline with what we saw in the ISM survey, which fell into contractionary territory in May. While this is a good report, it doesn't end the 'taper' debate. I was of the view that a strong jobs reading of higher than +200K will increase the odds of the 'taper' announcement in this month's FOMC meeting. But this is still a positive report, notwithstanding the uptick in the unemployment rate, and keeps the 'taper' issue on the table for a likely September announcement. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-GOLD TRUST (GLD): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports PRO-ULS L20+YRT (TBT): ETF Research Reports To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-06-10,48.7691,48.8697,48.5029,48.6409,"[""Obama Says Congress Should Pass Paycheck Fairness Act"", ""Obama Says Congress Should Pass Paycheck Fairness Act"", ""Obama Says Congress Should Pass Paycheck Fairness Act""]" ADP,2013-06-11,48.3205,48.5788,48.0797,48.1656,"[""Bromium CEO Gaurav Banga On Keeping Their Clients Safe"", ""Bromium CEO Gaurav Banga On Keeping Their Clients Safe"", ""Bromium CEO Gaurav Banga On Keeping Their Clients Safe""]" ADP,2013-06-12,48.5778,48.6399,47.8716,47.924, ADP,2013-06-13,47.924,48.7464,47.8007,48.5956, ADP,2013-06-14,48.4358,48.784,48.2938,48.4062, ADP,2013-06-17,48.7977,49.1705,48.6803,48.8974, ADP,2013-06-18,48.8767,49.5967,48.8353,49.5394,"Convergys Corporation (CVG) Ex-Dividend Date Scheduled for June 19, 2013 C onvergys Corporation ( CVG ) will begin trading ex-dividend on June 19, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on July 05, 2013. Shareholders who purchased CVG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the same period a year ago. At the current stock price of $18.28, the dividend yield is 1.31%. The previous trading day's last sale of CVG was $18.28, representing a -2.04% decrease from the 52 week high of $18.66 and a 29.19% increase over the 52 week low of $14.15. CVG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CVG's current earnings per share, an indicator of a company's profitability, is $.89. Zacks Investment Research reports CVG's forecasted earnings growth in 2013 as 17.58%, compared to an industry average of 6.6%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-06-19,49.1676,49.8115,49.0561,49.1409, ADP,2013-06-20,48.715,48.8697,48.4555,48.5443,"[""ADP Entered $2B Credit Pact"", ""ADP Entered $2B Credit Pact"", ""ADP Offers Steady Capital Gains, Dividend Hikes Shutterstock photo Automatic Data Processing ( ADP ) has offered steady capital gains and dividend increases in recent years, rewarding long-term investors who hung on through the 2008-09 recession. The world's biggest provider of payroll and data processing services is up 20% this year, topping the S&P 500. It's risen 23% over the past year and has more than doubled from a low of 30.83 in October 2008. Meanwhile, the Roseland, N.J.-based company has boosted its quarterly dividend every year since 2003, a nearly fourfold increase from 12 cents a share to 44 cents a share. That equates to an annual dividend of $1.76 a share, which yields 2.5% annually at the current share price. That's about the same as the S&P 500 average. ADP's profit and sales growth has been slow but steady. The company's three-year earnings stability factory is 1 on a scale of 0 to 99, with 0 being most stable. Profit for the fiscal year is seen rising 7% to $2.91 a share, in line with ADP's three-year average. Earnings are expected to rise 9% in 2014. Sales growth has averaged 9% over the past three years. ADP's fortunes are hitched to the U.S. economy, where it earns about 80% of its revenue. Europe and Canada account for most of the rest. ADP has been riding its 10-week line higher this year. It reached a record high of 72 on May 17 before pulling back to its key support line in quiet volume. It's now 5% off its high and is showing the elements of a flat base. Institutional investors are also supporting the stock, whose Accumulation-Distribution Rating of B is greater than the neutral C. Meanwhile, its Composite Rating is a respectable 85 and its Relative Price Strength Rating is 72. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Entered $2B Credit Pact""]" ADP,2013-06-21,48.8826,49.0966,48.3934,48.8826, ADP,2013-06-24,48.7001,49.0611,48.4762,48.6716, ADP,2013-06-25,49.2268,49.2268,48.5156,48.997,"Amdocs Limited (DOX) Ex-Dividend Date Scheduled for June 26, 2013 A mdocs Limited ( DOX ) will begin trading ex-dividend on June 26, 2013. A cash dividend payment of $0.13 per share is scheduled to be paid on July 19, 2013. Shareholders who purchased DOX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DOX has paid the same dividend. At the current stock price of $36.16, the dividend yield is 1.44%. The previous trading day's last sale of DOX was $36.16, representing a -1.55% decrease from the 52 week high of $36.73 and a 27.28% increase over the 52 week low of $28.41. DOX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DOX's current earnings per share, an indicator of a company's profitability, is $2.44. Zacks Investment Research reports DOX's forecasted earnings growth in 2013 as 9.93%, compared to an industry average of 10.7%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 1.83% over the last 100 days. It also has the highest percent weighting of DOX at 4.89%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-06-26,49.4674,49.6458,49.2209,49.3599,"[""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for June 27, 2013 M onotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on June 27, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on July 19, 2013. Shareholders who purchased TYPE stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $24.73, the dividend yield is .97%. The previous trading day's last sale of TYPE was $24.73, representing a -7.96% decrease from the 52 week high of $26.87 and a 103.54% increase over the 52 week low of $12.15. TYPE is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). TYPE's current earnings per share, an indicator of a company's profitability, is $.82. Zacks Investment Research reports TYPE's forecasted earnings growth in 2013 as 11.7%, compared to an industry average of 6%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for June 27, 2013 P egasystems Inc. ( PEGA ) will begin trading ex-dividend on June 27, 2013. A cash dividend payment of $0.03 per share is scheduled to be paid on July 15, 2013. Shareholders who purchased PEGA stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 29th quarter that PEGA has paid the same dividend. At the current stock price of $32.14, the dividend yield is .37%. The previous trading day's last sale of PEGA was $32.14, representing a -5.05% decrease from the 52 week high of $33.85 and a 69.16% increase over the 52 week low of $19. PEGA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). PEGA's current earnings per share, an indicator of a company's profitability, is $.69. Zacks Investment Research reports PEGA's forecasted earnings growth in 2013 as 22.47%, compared to an industry average of 6%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-06-27,49.5967,49.7652,49.2455,49.3756,"[""Formula Systems (1985) Ltd. (FORTY) Ex-Dividend Date Scheduled for June 28, 2013 F ormula Systems (1985) Ltd. ( FORTY ) will begin trading ex-dividend on June 28, 2013. A cash dividend payment of $0.37 per share Shareholders who purchased FORTY stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -47.89% decrease from the prior year. The previous trading day's last sale of FORTY was $21.63, representing a -5.13% decrease from the 52 week high of $22.80 and a 59.63% increase over the 52 week low of $13.55. FORTY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). FORTY's current earnings per share, an indicator of a company's profitability, is $1.44. For more information on the declaration, record and payment dates, visit the FORTY Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex' Earnings & Rev Miss Est in 4Q - Analyst Blog Paychex Inc. ( PAYX ) reported fourth-quarter fiscal 2013 earnings of 34 cents per share, missing the Zacks Consensus Estimate by 8.1%. The quarter's result was roughly flat year over year. Revenues Paychex reported fourth-quarter 2013 revenues of $585.3 million, up 6.1% from $551.5 million in the year-ago quarter. The quarter's revenues were below the Zacks Consensus Estimate of $588.0 million. Payroll Service segment revenues increased 3.5% year over year to $382.6 million. Checks per payroll grew roughly 0.9% from the year-ago quarter. Revenue per check grew modestly as a result of price increases, partially offset by discounting. Client retention rate was satisfactory. The Human Resource Services segment generated $192.7 million in revenues, up 12.6% from the prior-year quarter. The improvement was mainly attributable to small market client growth and price increases, partially offset by lower contribution from professional employer organization. Operating Results In the fourth quarter, Paychex incurred total expenses of $373.5 million, up 5.0% from the year-ago quarter. The rise was mainly due to higher selling, general and administrative expenses as well as continuous investments in product development and supporting technology. Operating income was $211.8 million, up 8.1% from the year-ago period, attributable to modest revenue growth supported by better cost management and capacity utilization. Operating margin was 40.5% versus 39.5% in the year-ago quarter. Net income of $123.5 million or 34 cents per share was roughly flat year over year. There was no one-time item during the quarter. During the quarter, Paychex recorded higher tax provision for the settlement of a state income tax matter. Balance Sheet & Cash Flow Paychex exited the fourth quarter with cash and cash equivalents of $107.3 million, up from $100.4 million at the end of the prior quarter. Corporate investments were $398.2 million compared with $470.2 million in the prior quarter. Additionally, interest on funds held for clients decreased 7.4% year over year to $10.0 million as a result of lower average interest rates earned, partly offset by an increase in average investment balances. Paychex has no long-term debt. Guidance Paychex believes that Payroll Services revenue growth will be supported by modest growth in client base and improved revenue per check. Human Resources organic revenue growth is expected to follow the historical trend. For fiscal 2014, Paychex expects a 3-4% increase in Payroll Service revenues from the year-ago quarter. Human Resource Services revenues are expected to increase in the range of 9.0% to 10.0%. Total service revenue will likely grow in the range of 5% to 6%. The company expects a 9-7% decline in interest on funds held for clients and 0-5% upside in net investment income. Interest on funds held for clients and investment income for fiscal 2014 are expected to be impacted by the low interest rate environment. However, investment of cash generated from operations is expected to persist, thus increasing investment income. Net operating income as a percentage of service revenues is expected to be 38.0% for fiscal 2014. The effective income tax rate for fiscal 2014 is expected in the range of 36%-37%. Net income is expected to grow in the range of 8% to 9%. Our Take Paychex' fourth quarter results were disappointing with both the bottom and top lines missing the Zacks Consensus Estimate. Revenue growth is being adversely affected by inadequate hiring by small and medium businesses. Paychex also provided fiscal 2014 guidance, which we believe is in line with the continuing macro uncertainties. We are encouraged by management's commentary regarding continued investments in product development and focus toward building sales force to support revenue growth. We also believe that the recent acquisition of HR Services Inc. and new product launches would provide additional support. Despite strict interest rates and stiff competition from Automated Data Processing ( ADP ) and Insperity, Paychex' zero European exposure will be beneficial for the company. Currently, Paychex has a Zacks Rank # 2 (Buy). Investors should also look into similar stocks that are performing better than Paychex. Portfolio Recovery Associates Inc. ( PRAA ) and Sykes Enterprises Inc. ( SYKE ) both have a Zacks Rank #1 (Strong Buy) and are worth buying. AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report PORTFOLIO RCVRY (PRAA): Free Stock Analysis Report SYKES ENTRP INC (SYKE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-06-28,49.0472,49.3756,48.7544,49.0108, ADP,2013-07-01,48.9901,49.7652,48.9338,49.4339,"Lots of Data in Holiday-Shortened Week - Ahead of Wall Street Monday, July 1, 2013 The stock market today appears on track to open on a positive note, but a lot will depend on what the June manufacturing ISM report coming out a little later will shows. The consensus expectation is for the survey to show modest improvement from the prior month's contactionary reading. Overnight data out of Asia and Europe presented a mixed picture, but markets seem to be going back to a Fed-centric framework where positive or negative economic data may not mean what the headlines say. The Bank of Japan's Tankan business sentiment survey showed its highest reading in more than two years. This is the first reading of this quarterly survey since BoJ initiated its aggressive easing program in April and is likely indicative of improving trends in Japan's underlying fundamentals. Unlike Japan, the outlook for China does not appear be that upbeat, with both the official and private-sector PMI measures for June showing negative momentum in the factory sector. While questions about China's growth outlook precede the assumption of power by China's new political leadership earlier this year, the country's new leaders appear to be more concerned about stamping down speculative excesses than nudging growth higher. It is not clear at this stage what these diverging growth outlooks for China and Japan mean for global growth, but uncertainty about China is no doubt problematic for the markets. The ISM survey coming out a little later is no doubt a top-tier report, but this holiday-shortened week's calendar is full of other important economic data as well. Markets will be closed on Thursday for July 4th and open only half the day on Wednesday, but we have the June non-farm payroll report coming out on Friday. We will get a preview of Friday's jobs report Wednesday morning from the ADP report and a host of other economic data, including speeches from Fed officials. Trading volumes will likely be on the light side this week, which typically exacerbates volatility. And all of this comes ahead of the start of the Q2 earnings season next week. Expectations for Q2 earnings growth remain low, improving the odds that positive earnings surprises will likely be in-line with historical averages. But a lot will depend on top-line growth and guidance for the third quarter and second half of the year. Please note that while estimates for Q2 earnings kept coming down as the quarter progressed, we haven't seen much downward adjustments to expectations for Q3 and the second half of the year. It will be interesting to see how the market responds to negative estimate revisions in the current backdrop of less certainty about the Fed. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-GOLD TRUST (GLD): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports PRO-ULS L20+YRT (TBT): ETF Research Reports To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-07-02,49.6735,50.1735,49.2533,49.8776, ADP,2013-07-03,49.6034,50.2407,49.5078,49.9949,"July 3: Will Positive Job Figures Put Taper Back on Track - Economic Highlights The stock market has plenty to chew on in today's truncated trading session - from material economic data on the home front to destabilizing noise from Portugal and Egypt. But what really matters today is the broadly positive tone of jobs data from Automatic Data Processing ( ADP ) and also from weekly Jobless Claims. We have some more data on tap for release a little later, particularly the service sector ISM reading, but the ADP report provides a reassuring picture of the jobs market and the economy. From the market's perspective, however, a positive jobs picture may raise unnerving questions about what the Fed would do to its to its bond-purchase program. Looked at from that Fed prism, this morning's jobs data could be viewed as market unfriendly. The ADP report shows a total of 188K private sector jobs in June vs. consensus expectations of about 175K. The May tally was modestly revised lower to 134K from 135K. This report's primary purpose is to serve as a preview of the non-farm payroll report from the government's BLS coming out on Friday. The consensus expectation is for 'headline' BLS gains of +161K, though a straight extrapolation from today's ADP report would mean a positive surprise on Friday. If the government sector lost about 10K jobs in June as has been the case in recent months, then a straight extrapolation from the ADP number would mean a +178K headline jobs tally Friday. But with the ADP report consistently undershooting the BLS numbers in recent months, we could be in for a bigger positive surprise on Friday. The positivity coming out of this report is broad-based, with employers of all sizes adding to payrolls. Small businesses, employers having less than 50 employees, added +84K jobs in June vs. 58K jobs in May. Medium-sized businesses (less than 500 employees) added +55K in June vs. +39K jobs in May, while large businesses (1000+ employees) added +49K in June vs. +39K jobs in the preceding month. Notably, the goods-producing sector added +27K jobs in June, the biggest gain in four months, with gains in the construction sector the biggest since January this year at +21K. Manufacturing added +1K jobs in June after shedding jobs in the preceding two months, broadly in-line with what we saw in the June manufacturing ISM report on Monday, which showed the factory sector getting back into positive territory after falling into contraction territory the month before. Most of the May jobs came from the services-providing sectors, with gains on that side at +161K. We will get the service sector ISM report a little later. The big issue from the market's perspective is what all of this means for Fed policy. My sense is that this report is consistent with a steadily improving economy that affords the Fed enough flexibility to take its foot off the QE paddle. The ADP report hasn't been a very accurate predictor of BLS numbers in recent months. But if we are on track to get a positive number on Friday, then I would expect the 'taper' scenario to be back in the spotlight, notwithstanding denials and explanations from Fed officials. Perhaps we don't need to fret about Friday's numbers at this stage - let's be done with today's truncated trading session and enjoy the July 4th holiday. AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-07-05,50.2771,50.6539,49.8235,50.3579,"[""Does the Jobs Report Guarantee Tapering in September? - Ahead of Wall Street Friday, July 5, 2013 This morning's strong jobs report reconfirms that the labor market is steadily improving, which means that the Fed could afford to take its foot off the QE paddle later this fall. The bond market seems to be responding to the changed 'taper' outlook by pushing yields higher, though the stock market doesn't seem to be overly concerned, at least at this stage. Part of the stock market momentum this morning is likely a response to comments from Mario Draghi, who vowed on Thursday to maintain the ECB's easy-money policy for an extended period and not to follow what the U.S. may or may not do in the coming months. But irrespective of the market's reaction, there are no two opinions about this morning's jobs report. It is an all-around positive report, with not only the 'headline' number coming in better than expected, but prior month's numbers revised higher and the hourly earnings data coming in very strong. June non-farm payrolls came in at +195K vs. expectations of about +160K and May's +195K level (revised higher from 175K). The consensus estimate did not rise much following the better than expected report from ADP on Wednesday. The jobs report has been of intense focus for investors in recent days given the market's ongoing focus on the Fed's QE program. The revisions trend was positive, with May revised to 195K (vs. +175K originally) and April's raised to +199K (vs. +149K), for a net increase of +70K for both months. The unemployment rate at 7.6% and the average workweek at 34.5 hours remained unchanged. Surprisingly, average hourly earnings increased +0.4% in June vs. up +0.1% in May. The labor force participation rate ticked up to 63.5% from 63.4% in May. Private sector jobs totaled 202K in June, modestly down from upwardly revised 207K in May, but up from the upwardly revised 188K in April; the government sector lost -7K jobs in June vs. - 12K in May. The private sector gains were concentrated in leisure and hospitality, professional and business services, retail trade, healthcare, and financial services. Leisure and hospitality added 75K jobs in June, up from the year-to-date monthly run rate of 55K which is roughly double the pace of 2012. Professional and business services added 53K jobs in the month, bringing the industry's 12-month tally to 624K (Temporary jobs were up +9.5K in June vs. +23.6K in May). Construction jobs were up +13K in June after increasing 7K in May, while manufacturing as a whole lost -6K jobs in June after losing -7K the month before. This report effectively guarantees that the Fed will move towards 'tapering' its QE program at the September meeting. The early reaction from the stock market doesn't seem to be negative, but that could very well be a response to the announcement from Mario Draghi on Thursday, where he committed to keep loose monetary policy for an extended period. The bond market's initial reaction appears more on the mark and reflective of greater odds for Fed 'tapering' later this fall. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports PRO-ULS L20+YRT (TBT): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for July 08, 2013 C SG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on July 08, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on July 25, 2013. Shareholders who purchased CSGS stock prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of CSGS was $23.29, representing a -1.23% decrease from the 52 week high of $23.58 and a 37.08% increase over the 52 week low of $16.99. CSGS is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSGS's current earnings per share, an indicator of a company's profitability, is $1.6. Zacks Investment Research reports CSGS's forecasted earnings growth in 2013 as -14.66%, compared to an industry average of -4.4%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-07-08,50.4478,50.7297,50.3717,50.5128, ADP,2013-07-09,50.5355,50.7771,50.4535,50.5631,"Advent Software, Inc. (ADVS) Ex-Dividend Date Scheduled for July 10, 2013 A dvent Software, Inc. ( ADVS ) will begin trading ex-dividend on July 10, 2013. A cash dividend payment of $9 per share is scheduled to be paid on July 09, 2013. Shareholders who purchased ADVS stock prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of ADVS was $35.78, representing a -1.19% decrease from the 52 week high of $36.21 and a 71.61% increase over the 52 week low of $20.85. ADVS is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). ADVS's current earnings per share, an indicator of a company's profitability, is $.67. Zacks Investment Research reports ADVS's forecasted earnings growth in 2013 as -3.12%, compared to an industry average of 4.8%. For more information on the declaration, record and payment dates, visit the ADVS Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-07-10,50.4358,51.1538,50.4211,51.069, ADP,2013-07-11,51.4013,51.6657,51.069,51.1391, ADP,2013-07-12,51.2396,52.2721,51.1972,52.2484, ADP,2013-07-15,52.1381,52.1883,51.4013,51.5029, ADP,2013-07-16,51.6311,51.6942,51.2968,51.4605, ADP,2013-07-17,51.7239,51.852,51.431,51.4753, ADP,2013-07-18,51.7239,51.9951,51.644,51.8304, ADP,2013-07-19,52.0583,52.079,51.431,51.8718, ADP,2013-07-22,52.5216,52.5473,51.8077,52.073, ADP,2013-07-23,52.079,52.1933,51.5907,51.5967, ADP,2013-07-24,51.9221,51.9221,51.281,51.4013,"SouFun Holdings Limited (SFUN) Ex-Dividend Date Scheduled for July 25, 2013 S ouFun Holdings Limited ( SFUN ) will begin trading ex-dividend on July 25, 2013. A cash dividend payment of $1 per share Shareholders who purchased SFUN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that SFUN has paid the same dividend. At the current stock price of $31.12, the dividend yield is 12.85%. The previous trading day's last sale of SFUN was $31.12, representing a -5.78% decrease from the 52 week high of $33.03 and a 168.04% increase over the 52 week low of $11.61. SFUN is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SFUN's current earnings per share, an indicator of a company's profitability, is $2.03. Zacks Investment Research reports SFUN's forecasted earnings growth in 2013 as 24.18%, compared to an industry average of 11.4%. For more information on the declaration, record and payment dates, visit the SFUN Dividend History page. Interested in gaining exposure to SFUN through an Exchange Traded Fund [ETF]? The following ETF(s) have SFUN as a top-10 holding: PowerShares Golden Dragon Halter USX China Portfolio ( PGJ ). The top-performing ETF of this group is PGJ with an increase of 21.95% over the last 100 days. It also has the highest percent weighting of SFUN at 1.34%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-07-25,51.3757,51.5306,51.0039,51.3689,"Equifax' 2Q Earnings Beat Est., Revs Grow - Analyst Blog Equifax Inc. ( EFX ) posted second-quarter 2013 adjusted earnings per share (EPS) of 92 cents, beating the Zacks Consensus Estimate of 90 cents. Results were up 27.8% from the year-ago quarter. Revenues Revenues grew 14.3% year over year to $586.9 million. The quarter's result was better than the Zacks Consensus Estimate of $582.0 million. The upside is attributable to top-line growth across the board. Segment wise, total U.S. Consumer Information Solutions (USCIS) revenues were $259.7 million, up 19.0% from the year-ago quarter. Among sub-segments, strong growth was noticed in Mortgage Solutions Services (up 38.0%), followed by the Consumer Financial Marketing Services segment (up 17.0%) and Online Consumer Information Solutions (up 17.0%). International revenues (including Europe, Canada and Latin America) grew 9.0% year over year to $129.8 million, mostly due to 14.0% growth in the Europe segment, 7.0% in the Canada Consumer segment, followed by 5.0% growth in the Latin America segment. Revenues from the Workforce Solutions segment increased 12.0% year over year to $123.2 million. The upside resulted from a 21.0% year-over-year increase in Verification Services revenues, partially offset by flat Employer Services revenues. North American Personal Solutions contributed $51.5 million, reflecting 12.0% year-over-year improvement. North American Commercial Solutions generated $22.7 million, up 12.0% from the year-ago quarter. Operating Results Gross margin in the second quarter was 66.2%, up 270 basis points from 63.5% reported in the year-ago quarter. Operating margin was 26.9% as against 25.1% a year ago. Margin performance was better in the Workforce solution, North America Personal Solution and North America Commercial Solution segment. This was somewhat offset by weak performances in USCIS and International. The company reported higher operating expenses with selling, general and administrative expenditure increasing 18.9% year over year. On a GAAP basis, net income from continuing operations was $90.5 million or 73 cents per share versus $74.1 million or 60 cents per share in the comparable quarter last year. Excluding the impact of acquisition-related amortization expense, net of tax, adjusted net income was $113.4 million or 92 cents per share, up 29.0% from $88.0 million or 72 cents in the year-ago quarter. Balance Sheet & Cash Flow Equifax exited the quarter with $104.9 million in cash and cash equivalents, down from $107.6 million in the previous quarter. Accounts receivables were $318.5 million, up from $310.4 million in the previous quarter. Total long-term debt was $1.43 billion, slightly down from $1.45 billion in the prior quarter. Cash provided by operating activities was $140.5 million compared with $66.3 million in the prior quarter. Guidance Considering the recent domestic and international business activities, current foreign exchange rates and the expected slowdown in mortgage activities, the company expects consolidated revenues for fiscal 2013 to grow 10.0%-12.0% year over year. Adjusted earnings per share are expected to grow in the range of 21%-23% from the year-ago quarter. Equifax believes that synergies from the acquisition of Computer Sciences Corp.'s Credit Services unit and momentum in core as well as non-mortgage activities will help the company achieve its full year targets. Our Take Equifax exited the second quarter beating the Zacks Consensus Estimate on both the top and bottom lines. We are optimistic about Equifax' revenue growth prospects and margin expansion trend. Management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America were encouraging. Given the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure, we see a gradual improvement in results. Moreover, improving mortgage environment is a big positive for the stock. But stiff competition from Automatic Data Processing Inc. ( ADP ), Fiserv Inc. ( FISV ), Moody's Corp. ( MCO ) and uncertainty in the mortgage sector are concerns. Currently, Equifax has a Zacks Rank #4. AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-07-26,51.281,51.6035,51.0404,51.5907,"Ultimate Software Takes Business From Competitors Shutterstock photo Leadership by example is sometimes the best way to gain respect and recognition from clients. Ultimate Software ( ULTI ), a provider of Web-based payroll and human resources services, has placed the customer first since its inception in 1990. But the company hasn't just been saying it. It's been doing it. It set the example by treating its employees like customers. ""The company is one of the pioneers of software as a service (SaaS),"" said Mark Marcon, an analyst at Robert W. Baird. ""It started transitioning its solutions to a SaaS model far earlier than the vast majority (of payroll service companies). It has grown very rapidly through providing a SaaS alternative to payroll and HR management services and building a tremendous reputation for excellent client service and customer satisfaction."" How did it stand out in client service? Employee Focus ""It actually starts with management's focus on their own employees,"" he noted. ""A lot of management teams start by thinking about shareholders and what they need to do there. This management team starts with thinking about 'What do we need to do with our employees?'"" Ultimate Software makes sure it keeps its employees happy. For example, it covers 100% of their health care costs. It also is very good at screening and identifying promising additions to their team and has a very strong culture. ""Typically, there is a strong correlation between satisfied employees and the willingness to provide good customer service,"" said Marcon. ""The people are happy and satisfied, and they want to do their best for their clients. The company is viewed by many as one of the best employers in the country."" Current President and CEO Scott Scherr is Ultimate's founder. Prior to starting the company, he was atAutomatic Data Processing ( ADP ), one of the largest payroll processing and benefits administration companies in the world. ""He became sort of disenchanted with the ADP business model and with the idea of continuing to slice and dice sales territory,"" said Justin Furby, an analyst at William Blair. ""From day one, he started with a focus on a different approach, on a much more customer-centric approach than the big payroll service bureau providers."" Ultimate Software wins more than 90% of competitive deals against major payroll service providers, such as ADP and Ceridian, when it runs its sales process, writes Furby in his research report. ""We believe that ADP, which is the largest source of Ultimate Software customers, continues to sell numerous, disjointed products to the market, and we have heard that the number of live Vantage (an ADP product) customers remains relatively small."" Ultimate Software pursues a slightly different demographic from ADP. While ADP has employers anywhere from one to thousands of employees, Ultimate Software does not focus on the small-business market up to 200 employees. Instead, it pursues companies with 200 to 85,000 employees. Its market share is about 5% for the up-to-1,000-employee market and 10% in the enterprise niche for larger employers. Nevertheless, management has discussed plans to enter the small-business market with up to 500 employees as a third distribution channel. Its flagship product is UltiPro. It is an all-in-one cloud-based solution, providing employers with payroll administration, tax management, compliance, human resources, benefits administration, talent management, time tracking, performance management, salary budgeting, recruitment, reporting and analytics under one umbrella. ""Instead of having to run multiple reports, like you might have to with ADP, with Ulti it's all under one stack. I think the biggest reason why customers come to them is their unified architecture, where they have all these different products in one stack. Companies can run reports easily,"" said Furby. The company's recurring revenue makes up 82% of total revenue. Management expects it to grow at a 25% rate in 2013. This is also the higher-margin portion of revenue, with retention rates above 95%. The services line revenue is 18% of total revenue and comes from implementation services for new clients. This stream is viewed as less important by investors, and it can fluctuate from quarter to quarter. One of the risks analysts are naming is competition from new or existing competitors. Aside from the large companies, such as ADP and Ceridian, that may choose to upgrade their solutions,Workday ( WDAY ) is one that investors have been paying attention to. Different Lineup However, the focus of Workday is slightly different, analysts point out. The company provides a different product lineup and is also more globally focused, while Ultimate Software's main focus is the U.S. and Canada. ""Workday has made quite a splash,"" noted Marcon. ""Now, Workday and Ultimate aren't directly comparable. There's different elements of emphasis."" Ultimate Software is also building out a next-generation platform. It expects to roll out updated modules of its existing products over the next few years. The first module to be updated is recruiting. The company plans to sell it to new customers in the first half of 2014. Converting existing customers will take place several months later. ""They've been through these transitions before,"" said Furby. The company successfully went from a DOS-based product to .NET and then from on-premise software to SaaS. ""People are going to be watching 'how is that progression' over the next few years in terms of how are they doing with the new technology and how are they doing with transitioning customers from the legacy to the newer technology."" The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-07-29,51.3619,51.5967,51.1391,51.3185,"Technology Stock Roundup: Facebook Wows, Apple Not So Much - Analyst Blog Facebook ( FB ) shares jumped a whopping 30% last week. But there were also other hot stories from technology companies that are prepping for the back-to-school season and more… Facebook Takes Mobile Ad Market by Storm Facebook got a lot of love from investors last week, as the company showed some solid execution. Reported earnings jumped both sequentially and year-over-year on the back of solid mobile ad revenue growth. Mobile ad revenues jumped 75% sequentially, as Facebook gained from growing SMB spending. This is the same strategy Google ( GOOG ) used when it was going after the display market. Facebook's growth rate in the U.S. and Canada was less spectacular than its growth in international markets (Europe 18%, Asia 40% and ROW 40%), which shows an extremely effective international strategy. Working in Facebook's favor were a number of new advertising products that draw on Facebook social data for customer profiling, ad formatting and page re-designing with the mobile customer in mind. The effectiveness of these products and Facebook's ever-increasing teen patrons drew more advertising dollars to the platform at a time when the display advertising market is going through a rough patch. iPhone Sales Breathe Life into Apple Shares Investors breathed a sigh of relief that Apple ( AAPL ) managed to grow iPhone sales despite Samsung's encroachment of its territory. However, with shipments and revenues growing 20% and 15%, respectively, it appears that the company is seeing weaker pricing. Indeed, Apple said that older models were doing better (with discounts), indicating that it is failing to charm its fans as it did earlier and explaining the 14% global share in the last quarter. This is the lowest it has been since the second quarter of 2010 according to Strategy Analytics. What's worse, Apple's total sales in China, which is a key growth market, fell 4% from last year and even CEO Tim Cook was baffled by the 20% decline in Hong Kong. iPad's sequential and year-over-year declines are likely on account of increased competition and even its Macs are not being left alone. As a result, earnings were down double-digits from both the previous and year-ago quarters. Cook provided encouraging commentary about new products in the pipeline and margin targets indicate that the iPhone will get its usual refresh this quarter. Google Is Creating Some Winning Hardware The most exciting product announcement from Google was its Chromecast , a tiny dongle going for just $35 that Google says can be instructed to stream videos from the cloud. The dongle operates in the presence of Wi-Fi connectivity, allowing any device using a Chrome browser to serve as the remote control. Google is of course very aware of the competition, so streaming stuff from Amazon ( AMZN ) may not be that satisfactory and streaming from Apple's iTunes is not possible at all. However, it has already roped in Netflix ( NFLX ) and has said that Pandora ( P ) music will follow soon. Then of course there's its very own Google Play. Google estimates that roughly half the Internet traffic in the U.S. during peak evening viewing hours goes to YouTube and Netflix. Its Chromebook is making inroads into the very low end of the notebook segment and its tablets are also growing strongly. All these factors in combination, along with the pricing of its streaming device are expected to drive its adoption. As expected, Google refreshed its Nexus tablet , introducing a sleeker, lighter and faster device at a slightly higher cost. Nexus 7 as it is called comes in three versions: $229 for the basic 16GB version, $269 for another 16GB of storage and $349 for LTE connectivity. Apple charges $329 for its 16GB iPad Mini and $429 for the additional storage. So Google appears to have the more attractive product in the category. Google has made a few changes with this model, replacing NVIDIA's ( NVDA ) Tegra with Qualcomm's ( QCOM ) APQ8064 processor, and including both front and rear-facing cameras, a higher-resolution display, virtual surround sound and multiple user-logins. Users also get to use the million apps on Google Play, which now exceeds iTunes' 900K. While the exact number is not really important, it's clear that Google has built a strong eco-system supporting its devices, which is what attracts and keeps users. Google also picked up a 6% stake in Taiwanese chipmaker Himax Technologies with the option to increase the stake to 14.8% within a year. Himax makes tiny displays such as the ones used in Google Glass , so the company could be readying itself for a launch next year. App developers are already working on the platform and funding is not working out to be too difficult. Notably, Intel ( INTC ) is also an investor in Himax. Facebook stole the show last week, but Apple and Intel shares also beat the market. Ticker Last Week'S Performance 6 Month Performance AAPL +2.85% -1.97% MSFT -0.6% +13.29% FB +30.86% +4.74% GOOG -1.6% +17.93% INTC +1.57% +10.50% YHOO +0.00% +38.40% CSCO -0.91% +21.08% This week- Google will host its first Moto X phone event to announce the first smartphone from Motorola since its acquisition by Google in 2012. Motorola's existing devices have not been well-received, making it easy for Apple and Samsung to eat into its market. Google's invitation to the media indicates that it has yet another winner up its sleeve. Earnings season is maturing and the deluge of technology companies reporting has now gone to a dribble. Some of the bigger names reporting this week are Symantec ( SYMC ), BMC ( BMC ), Automatic Data Processing ( ADP ), Teradata ( TDC ), Roper ( ROP ) and Garmin ( GRMN ). Read our previews in the "" Earnings Preview "" section to know more. APPLE INC (AAPL): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report BMC SOFTWARE (BMC): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report GARMIN LTD (GRMN): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report NETFLIX INC (NFLX): Free Stock Analysis Report NVIDIA CORP (NVDA): Free Stock Analysis Report QUALCOMM INC (QCOM): Free Stock Analysis Report ROPER INDS INC (ROP): Free Stock Analysis Report SYMANTEC CORP (SYMC): Free Stock Analysis Report TERADATA CORP (TDC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-07-30,51.7416,51.7416,51.2553,51.3471, ADP,2013-07-31,51.6854,51.8038,51.2741,51.3126,"[""GDP + ADP = Fed Taper - Ahead of Wall Street Wednesday, July 31, 2013 Markets have plenty to chew on today, with the ADP and GDP reports already out and the Fed announcement later this afternoon. The picture emerging from this morning's data is broadly positive, likely indicating that even though the Fed may not show its hand on the 'Taper' issue this afternoon, they are nevertheless moving in that direction. The first read on Q2 GDP came in better than expected, with the economy growing at +1.7% pace instead of the +0.9% that everyone expected. What gave us the 'positive surprise' was modestly better than expected consumer spending (up +1.8%), less drag from government spending (down -1.5%), partly offset by lower than expected business spending. The fun of the positive Q2 GDP read was diluted to some extent by the negative revision to GDP growth for the prior quarter, which was revised down to +1.1% from the original +1.8%. The ADP report was all around positive, with better than expected +200K private sector jobs in July and positive revision to the prior month's data. With the BLS number on Friday expected to show 'headline' gains of about +183K, the ADP report would be indicative of some positive revisions to expectations for Friday (or the whisper number would be higher than the published consensus number). The labor market strength was broad-based. Small businesses, with employers having less than 50 employees, added +82K jobs in July. Medium-sized businesses (less than 500 employees) added +60K jobs, while large businesses (1000+ employees) added +57K jobs during the month. The goods-producing sectors added +22K jobs in July, with gains in construction offset by weakness in the manufacturing sector. Most of the July jobs came from the services-providing sectors, with gains on that side at 177K, the most since November last year. The ADP report adds to the disconnect between GDP growth and labor market gains that we have been observing the last few quarters. The roughly +200K monthly job gains that we have been observing lately would be typically be consistent with the U.S. economy expanding at a rate of more than +2%. What we have instead is an economy that barely managed +1.4% in the first half of 2013, with government spending acting as a key restraint on the growth trend. The expectation is that government spending cuts become less of a drag in the second half of the year, pushing GDP growth to around +2.5% in the second half and above +3% in 2014. This growth outlook underpins the 'Taper' talk. As long as the economy is moving in that direction, which it is at present, then we should expect the Fed to move towards pulling back on the QE program in a few months time. The Fed's often-repeated 'data dependence' and not having 'a pre-set timetable' mean that they will remain cautious and deliberate in removing the excess liquidity. The market seems to be ok with this outlook, but we wouldn't know for sure till we reach that point. It will be useful if the Fed provides further guidance to that end in today's post-meeting statement. But the consensus view is that they wouldn't do that today. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports PRO-ULS L20+YRT (TBT): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Digimarc Corporation (DMRC) Ex-Dividend Date Scheduled for August 01, 2013 D igimarc Corporation ( DMRC ) will begin trading ex-dividend on August 01, 2013. A cash dividend payment of $0.11 per share is scheduled to be paid on August 12, 2013. Shareholders who purchased DMRC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that DMRC has paid the same dividend. At the current stock price of $21.07, the dividend yield is 2.09%. The previous trading day's last sale of DMRC was $21.07, representing a -21.35% decrease from the 52 week high of $26.79 and a 19.17% increase over the 52 week low of $17.68. DMRC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DMRC's current earnings per share, an indicator of a company's profitability, is $.49. For more information on the declaration, record and payment dates, visit the DMRC Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for August 1, 2013 : XOM, PG, COP, EPD, ENB, ADP, DTV, TWC, APA, COV, TEVA, CME T he following companies are expected to report earnings prior to market open on 08/01/2013. Visit our Earnings Calendar for a full list of expected earnings releases. Exxon Mobil Corporation ( XOM ) is reporting for the quarter ending June 30, 2013. The oil company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.89. This value represents a 5.00% increase compared to the same quarter last year. XOM missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -7.69%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for XOM is 11.80 vs. an industry ratio of 0.00, implying that they will have a higher earnings growth than their competitors in the same industry. Procter & Gamble Company ( PG ) is reporting for the quarter ending June 30, 2013. The cleaning company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.77. This value represents a 6.10% decrease compared to the same quarter last year. In the past year PG has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 3.13%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PG is 19.91 vs. an industry ratio of 19.20, implying that they will have a higher earnings growth than their competitors in the same industry. ConocoPhillips ( COP ) is reporting for the quarter ending June 30, 2013. The oil company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.28. This value represents a 4.92% increase compared to the same quarter last year. In the past year COP has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for COP is 11.66 vs. an industry ratio of 11.80. Enterprise Products Partners L.P. ( EPD ) is reporting for the quarter ending June 30, 2013. The oil/gas company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.67. This value represents a 4.69% increase compared to the same quarter last year. In the past year EPD has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 16.67%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for EPD is 21.14 vs. an industry ratio of 30.90. Enbridge Inc ( ENB ) is reporting for the quarter ending June 30, 2013. The oil (production/pipeline) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.39. This value represents a 8.33% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ENB is 24.54 vs. an industry ratio of 25.20. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending June 30, 2013. The outsourcing company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.57. This value represents a 7.55% increase compared to the same quarter last year. In the past year ADP has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ADP is 24.79 vs. an industry ratio of 12.80, implying that they will have a higher earnings growth than their competitors in the same industry. DIRECTV ( DTV ) is reporting for the quarter ending June 30, 2013. The satellite communications company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.29. This value represents a 18.35% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for DTV is 12.78 vs. an industry ratio of -81.60, implying that they will have a higher earnings growth than their competitors in the same industry. Time Warner Cable Inc ( TWC ) is reporting for the quarter ending June 30, 2013. The cable tv company's consensus earnings per share forecast from the 18 analysts that follow the stock is $1.66. This value represents a 12.16% increase compared to the same quarter last year. In the past year TWC has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TWC is 17.58 vs. an industry ratio of 24.80. Apache Corporation ( APA ) is reporting for the quarter ending June 30, 2013. The oil (us exp & production) company's consensus earnings per share forecast from the 19 analysts that follow the stock is $2.01. This value represents a 2.90% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for APA is 9.62 vs. an industry ratio of 54.80. Covidien plc. ( COV ) is reporting for the quarter ending June 30, 2013. The medical products company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.90. This value represents a 15.89% decrease compared to the same quarter last year. In the past year COV has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 1.82%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for COV is 16.54 vs. an industry ratio of 8.40, implying that they will have a higher earnings growth than their competitors in the same industry. Teva Pharmaceutical Industries Limited ( TEVA ) is reporting for the quarter ending June 30, 2013. The medical company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.18. This value represents a 7.81% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TEVA is 7.84 vs. an industry ratio of 13.80. CME Group Inc. ( CME ) is reporting for the quarter ending June 30, 2013. The securities exchange company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.90. This value represents a 1.12% increase compared to the same quarter last year. In the past year CME has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CME is 22.88 vs. an industry ratio of 20.50, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-08-01,50.1873,51.2603,49.8993,51.1391,"[""Earnings Scheduled For August 1, 2013"", ""Automatic Data Processing, Inc. Reports Q4 EPS of $0.55 vs $0.57 Est"", ""Automatic Data Processing, Inc. Reports Q4 EPS of $0.55 vs $0.57 Est"", ""Earnings Scheduled For August 1, 2013"", ""Stock Market News for August 1, 2013 - Market News Benchmarks ended mixed on the final trading day of the month as the Federal Reserve's two-day FOMC meet had little to suggest about any changes in the pace of the bond purchase program. Nonetheless, the month-long bullish momentum helped the Dow and S&P 500 to log their best month since January 2013. A number of domestic reports were released yesterday. Gross domestic product advance estimate for the second quarter came in better than expected. Meanwhile, a job report showed that hiring in the private sector increased in July. The utilities sector was the biggest loser among the S&P 500 industry groups. The consumer discretionary stocks were the best performers. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) lost 0.1% to close the day at 15,499.54. After an all-day volatile run, the S&P 500 slipped 0.01% to finish yesterday's trading session at 1,685.73. The tech-laden Nasdaq Composite Index gained 0.3% to end at 3,626.37. The fear-gauge CBOE Volatility Index (VIX) rose 0.5% to settle at 13.45. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 7.0 billion shares, higher than 2013's average of 6.4 billion shares. Advancing stocks outnumbered the decliners. For the 51% that advanced, 46% declined. Markets began yesterday's trading session on a positive note propelled by couple of encouraging domestic reports. However, markets erased those early gains after the central bank stated in the afternoon that it would continue with its bond purchase program. The comments, made after the two-day Federal Open Market Committee (FOMC) meeting, noted that \""economic growth will pick up from its recent pace\"". However, what affected the mood was that Fed did not have anything new to share, rather investors were kept waiting for more clues. Also, the Fed showed concerns over the rising mortgage rates and the inflation rate falling short of expectations. They further said economy is expanding at a \""modest\"" rate, a downgrade from its prior statement issued in June. The FOMC statement said: \""The Committee recognizes that inflation persistently below its 2 percent objective could pose risks to economic performance, but it anticipates that inflation will move back toward its objective over the medium term\"". The U.S Department of Commerce reported a 1.7% annual increase in the real GDP in the second quarter, in line with the consensus estimate of 1.7%. GDP growth for the first quarter was revised down to 1.1% from the previous estimate of 1.8%. Positive contributions from personal consumption expenditures, exports, nonresidential fixed investment, private inventory investment, and residential investment drove the second-quarter GDP higher. However, these positives were somewhat offset by negative contribution from federal government spending. As for the jobs data, Automatic Data Processing (NASDAQ: ADP ) noted that hiring in the private sector increased at a faster pace than the economists expected. The report revealed that the private sector added 200,000 jobs in July. Small business added 82,000 jobs, whereas medium and large business added 60,000 and 57,000 more jobs, respectively. Investors will now fix their eyes on the key government jobs data, which is scheduled to be released on Friday. On the earnings front, Comcast Corporation (NASDAQ: CMCSA ) reported better-than-expected second quarter earnings. The company's earnings were boosted by increased internet customer base. Comcast's net income jumped 29% to $1.7 billion. Shares of the company surged 5.6% taking cue from the promising results. The utilities sector was the biggest loser among the S&P 500 industry groups and the Utilities SPDR (XLU) lost 0.7%. Stocks such as NRG Energy Inc (NYSE: NRG ), Exelon Corporation (NYSE: EXC ), Wisconsin Energy Corporation (NYSE: WEC ), SCANA Corporation (NYSE: SCG ) and PG&E Corporation (NYSE: PCG ) slipped 0.7%, 2.8%, 0.4%, 0.6% and 0.9%, respectively. The consumer discretionary stocks were the best performers yesterday and the Consumer Discretionary SPDR (XLY) added 0.5%. Stocks such as The Walt Disney Company (NYSE: DIS ), CBS Corporation (NYSE: CBS ), Time Warner Inc (NYSE: TWX ) and DISH Network Corp (NASDAQ: DISH ) gained 0.7%, 1.0%, 0.3% and 3.1%, respectively. AUTOMATIC DATA (ADP): Free Stock Analysis Report CBS CORP (CBS): Free Stock Analysis Report COMCAST CORP A (CMCSA): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report DISH NETWORK CP (DISH): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report NRG ENERGY INC (NRG): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report SCANA CORP (SCG): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report WISC ENERGY CP (WEC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Ever Friendly Fed - Ahead of Wall Street Thursday, August 1, 2013 Favorable data out of China and follow through from the Fed's relatively market-friendly statement from Wednesday provide the favorable backdrop for today's trading action. While some tentativeness ahead of tomorrow's jobs report will be understandable, but one would reasonably expect the stock market today to sustain the positive pre-open mood throughout the session, particularly if the ISM report comes through as expected. The Fed statement was broadly market friendly as it cracked the door open to delaying the 'Taper' from September to perhaps December or even early next year. The Fed appeared to be downgrading their economic growth outlook a bit and pointed towards low inflation readings and the rise in mortgage rates. A natural offset to those trends would be for the Fed to not do anything on the QE question, at least not any time soon. GDP growth has undoubtedly been tepid and even the housing recovery could be at risk from the rising interest rates. But labor market data has broadly been positive, as this morning's weekly Jobless Claims numbers and Wednesday's ADP report showed. A positive jobs reading in tomorrow's BLS report, say something close to 200K, will further magnify this apparent disconnect between the labor market and GDP numbers. The question in many people's minds, including the Fed, could very well be which set of data is more accurately reflective of the economy - GDP or jobs. The market's hope will be that a continued goldilocks type of positive jobs and underwhelming GDP numbers keeps the Fed in its QE business for a long time to come. This debate about the timing of 'Taper' notwithstanding, I strongly feel that it is coming. If it's not in September, then it's most likely in December. But there is no doubt in my mind that the Fed is itching to get out of the QE business. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports PRO-ULS L20+YRT (TBT): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Trade the Earnings: Automatic Data Processing, Inc. Earnings Release Date: 08/01/2013 Time: Premarket Avg. Extended-Hours Dollar Volume: $166,106,866 Earnings Sensitivity (up or down): 1.3% Automatic Data Processing, Inc. ( ADP ) is due to issue its quarterly earnings report before market open today. Given its history, traders can expect very active trading in the upcoming Premarket session immediately following the company's release of its quarterly earnings. An analysis of historical premarket and after-hours trading activity and liquidity conditions in ADP following an earnings release indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement in the following regular session. Analysts at MidnightTrader have tracked how ADP's stock price has reacted to quarterly earnings events the past both in the after-hours and following regular session. The result of that study is below. Over the last year, when shares of ADP rose in the extended-hours session in reaction to its earnings announcement, history shows that 25% of the time (1 out of the last 4 quarters) the stock posted additional gains in the following regular session by an average of 0.30%. Over the last year, when shares of ADP dropped in the extended-hours in reaction to its earnings announcement, there is limited evidence to suggest a follow-through in the same direction the next day. Our analysis of over a decade of company specific earnings related news and price data on over 5,000 US companies demonstrates that earnings event related trading opportunities can exist for those trading in the after-hours and premarket sessions. Certain stocks demonstrate a historical tendency to either underprice or overreact to earnings news in the extended-hours (the time when companies typically release earnings) relative to the following regular session close. This report was created using historical data and analysis provided by the Midnight Trader Pro service at MidnightTrader.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. Reports Q4 EPS of $0.55 vs $0.57 Est"", ""Earnings Scheduled For August 1, 2013""]" ADP,2013-08-02,50.6913,50.9744,50.4358,50.9477,"[""Susquehanna Downgrades Automatic Data Processing, Inc. to Neutral"", ""Susquehanna Downgrades Automatic Data Processing, Inc. to Neutral"", ""Insperity's 2Q Earnings Beat Estimates - Analyst Blog Insperity Inc. 's ( NSP ) adjusted second-quarter 2013 earnings per share of 24 cents beat the Zacks Consensus Estimate of 21 cents. The quarter's earnings were 9.1% higher than 22 cents reported in the year-earlier quarter. Revenues Insperity's second quarter revenues of $547.3 million increased 5.4% from $519.3 million in the year-ago quarter and were above the Zacks Consensus Estimate of $543.0 million. The year-over-year improvement was attributed to higher worksite employees and higher revenues per employee. Operating Results Gross profit increased 12.0% from the year-ago quarter to $97.7 million. Gross margin was 17.9%, up from 16.8% in the year-ago quarter. The improvement was led by higher gross profit per worksite employee per month. Total operating expenses surged 12.4% year over year, mainly due to increase in hirings and continuous investments (for expanding the Business Performance Advisors group and implementing health care reform strategy). Operating margin was 1.9%, slightly up from 1.8% in the year-ago period. Earnings before interest, tax, depreciation and amortization (EBITDA) were $12.9 million, down from $14.1 million in the year-ago quarter. Insperity reported net income of $3.5 million or 14 cents per share compared with $5.6 million or 22 cents in the year-ago quarter. Excluding the impairment charge, adjusted earnings per share were 24 cents. There were no one-time items recorded in the year-ago quarter. Balance Sheet & Share Repurchase Insperity exited the second quarter with cash, marketable securities and restricted cash of $278.6 million, down from $326.2 million in the previous quarter. Accounts receivable were roughly flat at $200.4 million. During the quarter, the company repurchased 60,000 shares worth $1.6 million and paid dividends worth $4.3 million. Guidance Insperity expects gross profit per worksite employee per month in the range of $260.0-$262.0 for the third quarter of 2013 and in the range of $261.0-$263.0 (previously $260.0-$263.0) for fiscal 2013. The company expects operating expenses in the range of $84.0-$85.0 million for the third quarter and in the range of $338.5-$339.5 million for fiscal 2013 (previously $340.5-$342.5 million). For fiscal 2013, the company expects earnings per share in the range of $1.52-$1.61 (previously $1.51-$1.61), given a tax rate of 40.0% and shares outstanding of 25.6 million. Conclusion Insperity provides human resources (HR) as well as business solutions to small and medium business (SMBs) to help them perform better. Insperity's second quarter results were encouraging with both the top and bottom lines beating the Zacks Consensus Estimate. Though third quarter guidance seems weak on seasonality, we are encouraged by a better visibility into fiscal 2013. We believe that management's initiatives to expand the number of Business Performance Advisors and implement health care reform strategy will help it achieve its fiscal 2013 guidance. In an internal survey, Insperity found that most of the SMBs are willing to add employees in order to expand business activities. This will have a positive impact on Insperity's fundamentals. A debt-free balance sheet, share repurchases and dividend payouts are positive, but increasing expenses, stiff competition from Automatic Data Processing Inc. ( ADP ), Paychex Inc. ( PAYX ) and Manpower Group Inc. ( MAN ) are concerns. Currently, Insperity has a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report MANPOWER INC WI (MAN): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Company News for August 2, 2013 - Corporate Summary \u2022 Automatic Data Processing (NASDAQ: ADP ) posted fourth quarter earnings per share of $0.56, a cent below the Zacks Consensus Estimate of $0.57 \u2022 DIRECTV (NASDAQ: DTV ) reported second quarter earnings per share of $1.18, below the Zacks Consensus Estimate of $1.29 \u2022 Kellogg Company (NYSE: K ) posted second quarter earnings per share of $1.00, higher than the Zacks Consensus Estimate of $0.97 \u2022 Marathon Petroleum Corp (NYSE: MPC ) reported second quarter earnings per share of $1.95, surpassing the Zacks Consensus Estimate of $1.91 \u2022 The New York Times Company (NYSE: NYT ) posted second quarter earnings per share of $0.14, higher than the Zacks Consensus Estimate of $0.12 AUTOMATIC DATA (ADP): Free Stock Analysis Report DIRECTV (DTV): Free Stock Analysis Report KELLOGG CO (K): Free Stock Analysis Report MARATHON PETROL (MPC): Free Stock Analysis Report NY TIMES A (NYT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is Bad News No Longer Good News? - Ahead of Wall Street Friday, August 2, 2013 The disappointing jobs report runs counter to the market's run to milestone levels. This is particularly so since bad economic news may not be good news for the market, as today's report is unlikely to materially shift the Fed's thinking on the 'Taper' question. July non-farm payrolls came in at +162K vs. expectations of about +183K and negative revisions to June and May. The June number got revised down to 188K from 195K and May got lowered 176K from 195K. Private sector jobs totaled 161K in July (government added 1K jobs) vs. 196K in June and 187K in May. In another key negative, average hourly earnings dropped for the first time since October last year, down -0.1% in July vs. up +0.4% in June. A key contributor to the earnings drop is the fact most of the job additions were in industries that typically pay lower wages like retail and leisure and hospitality. The unemployment rate dropped to 7.4% from 7.6%. The drop in the unemployment rate was largely a function of lower labor force participation rate, the share of the U.S. population that is either working or looking for work, 63.4% in July vs. 63.5% in June. A charitable view of this report can be that it isn't way off the past year's trend line. But the disappointing part is that this report runs counter to the positive tone of other recent economic data. Thursday's ISM survey, Wednesday's ADP report, and the persistent recent downtrend in weekly Jobless Claims had raised hopes of a strong jobs reading this morning, with 'whisper' numbers indicating expectations north of 200K. Those data points had convinced investors that improved economic growth more than made up for the rising interest rates as a result of changes to the Fed's QE program. Wednesday's GDP report and today's jobs report leaves us in a bad situation. The Fed may be ok with this environment and will still move towards 'Taper' later this year, but the market wouldn't get the economic and earnings growth that it was pricing in. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports PRO-ULS L20+YRT (TBT): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Susquehanna Downgrades Automatic Data Processing, Inc. to Neutral""]" ADP,2013-08-05,50.9131,51.0404,50.6479,50.9605,"Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for August 06, 2013 C omputer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on August 06, 2013. A cash dividend payment of $0.51 per share is scheduled to be paid on August 23, 2013. Shareholders who purchased CPSI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CPSI has paid the same dividend. At the current stock price of $57.66, the dividend yield is 3.54%. The previous trading day's last sale of CPSI was $57.66, representing a -0.36% decrease from the 52 week high of $57.87 and a 28.28% increase over the 52 week low of $44.95. CPSI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CPSI's current earnings per share, an indicator of a company's profitability, is $2.86. Zacks Investment Research reports CPSI's forecasted earnings growth in 2013 as 4.8%, compared to an industry average of 3.7%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-08-06,50.8777,51.5158,50.6065,51.4181, ADP,2013-08-07,51.3254,51.4457,51.0108,51.2396,"Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for August 08, 2013 S imulations Plus, Inc. ( SLP ) will begin trading ex-dividend on August 08, 2013. A cash dividend payment of $0.03 per share is scheduled to be paid on August 15, 2013. Shareholders who purchased SLP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -40% decrease from the same period a year ago. At the current stock price of $4.85, the dividend yield is 2.47%. The previous trading day's last sale of SLP was $4.85, representing a -2.02% decrease from the 52 week high of $4.95 and a 26.96% increase over the 52 week low of $3.82. SLP is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SLP's current earnings per share, an indicator of a company's profitability, is $.18. Zacks Investment Research reports SLP's forecasted earnings growth in 2013 as %, compared to an industry average of 3.3%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-08-08,51.5029,51.709,51.211,51.4891, ADP,2013-08-09,51.2968,51.6705,51.2041,51.575, ADP,2013-08-12,51.2553,51.8352,51.1755,51.8145, ADP,2013-08-13,51.9497,51.9802,51.7032,51.9497, ADP,2013-08-14,51.8442,52.0168,51.7032,51.7327,"[""JP Morgan Maintains Neutral on Automatic Data Processing, Inc., Raises PT to $78.00"", ""JP Morgan Maintains Neutral on Automatic Data Processing, Inc., Raises PT to $78.00"", ""Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for August 15, 2013 E vertec, Inc. ( EVTC ) will begin trading ex-dividend on August 15, 2013. A cash dividend payment of $0.1 per share is scheduled to be paid on September 06, 2013. Shareholders who purchased EVTC stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $24.85, the dividend yield is .4%. The previous trading day's last sale of EVTC was $24.85, representing a -3.19% decrease from the 52 week high of $25.67 and a 30.04% increase over the 52 week low of $19.11. EVTC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""JP Morgan Maintains Neutral on Automatic Data Processing, Inc., Raises PT to $78.00""]" ADP,2013-08-15,51.4013,51.4181,50.785,50.9664, ADP,2013-08-16,50.8698,51.3037,50.8047,51.1676,"DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for August 19, 2013 D ST Systems, Inc. ( DST ) will begin trading ex-dividend on August 19, 2013. A cash dividend payment of $0.3 per share is scheduled to be paid on September 13, 2013. Shareholders who purchased DST stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DST has paid the same dividend. At the current stock price of $72.05, the dividend yield is 1.67%. The previous trading day's last sale of DST was $72.05, representing a -2.6% decrease from the 52 week high of $73.97 and a 42.65% increase over the 52 week low of $50.51. DST is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). DST's current earnings per share, an indicator of a company's profitability, is $6.5. Zacks Investment Research reports DST's forecasted earnings growth in 2013 as 12.37%, compared to an industry average of 3.7%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Interested in gaining exposure to DST through an Exchange Traded Fund [ETF]? The following ETF(s) have DST as a top-10 holding: First Trust Technology AlphaDEX ( FXL ). The top-performing ETF of this group is FXL with an increase of 10.6% over the last 100 days. It also has the highest percent weighting of DST at 2.02%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-08-19,50.9664,51.4181,50.9664,51.1755, ADP,2013-08-20,51.0976,51.6104,51.069,51.4891, ADP,2013-08-21,51.354,51.5158,50.9664,51.1262, ADP,2013-08-22,51.2553,51.7032,51.1755,51.5601, ADP,2013-08-23,51.5907,51.644,51.2553,51.4457, ADP,2013-08-26,49.7445,51.5907,49.7445,51.2663, ADP,2013-08-27,50.6913,50.9477,50.4605,50.4931,"[""ADP Receives Notice of Possible Unauthorized Access"", ""ADP Shares Ticked Lower on Headline of Possible Unauthorized Access, Now Hearing Notice Was for Advanced Data Processing, Not Automatic Data Processing; ADP Shares Bouncing"", ""ADP Shares Ticked Lower on Headline of Possible Unauthorized Access, Now Hearing Notice Was for Advanced Data Processing, Not Automatic Data Processing; ADP Shares Bouncing"", ""ADP Receives Notice of Possible Unauthorized Access"", ""Paychex, Semco Partners Team Up - Analyst Blog Paychex Inc. ( PAYX ) recently announced a joint venture with Semco Partners to offer its services in Brazil. The joint venture will help Paychex to expand into a new market. The expansion is also in line with the company's international growth strategy. Founded in the 1950s, Semco Partners is a portfolio management and investment firm that helps companies to set up their business in Brazil. A joint venture with Semco Partners has been the preferred path for several multinational companies to enter the Brazilian marketplace. Earlier, in June, Paychex took over HR Services Inc., a provider of comprehensive HR solutions for an undisclosed sum. The acquisition added an applicant tracking system to its portfolio, which will attract professional employer organizations as they will be able to reduce operating costs. Paychex reported fiscal fourth-quarter 2013 revenues of $585.3 million, up 6.1% from $551.5 million in the year-ago quarter. Payroll service segment revenues increased 3.5% year over year to $382.6 million. Checks per payroll grew roughly 0.9% from the year-ago quarter. Revenue per check grew modestly as a result of price increases, partially offset by discounting. Client retention rate was satisfactory. Paychex, Inc. is a provider of payroll and human resource (HR) outsourcing services for small and medium-sized businesses (SMBs). Its offerings include comprehensive payroll services, including payroll processing, payroll tax administration and employee pay services. The company's initiatives to boost revenue growth through acquisitions are encouraging. Also, the improving trend in SMB IT spending could pave the way for Paychex in the coming quarters. But it is evident that low hiring in the SMB sector (leading to lower checks per client) and lack of new business wins have come in the way of solid revenue growth. Despite stiff competition from Automated Data Processing ( ADP ) and Insperity, Paychex' zero European exposure will be beneficial for the company. Currently, Paychex has a Zacks Rank #3 (Hold). Investors may also consider stocks from the same sector such as Barrette Business Services ( BBSI ), Portfolio Recovery Associates Inc .( PRAA ). While Barrette Business holds a Zacks Rank #1 (Strong Buy), Portfolio Recovery has a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report BARRETT BUS SVS (BBSI): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report PORTFOLIO RCVRY (PRAA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for August 28, 2013 O pen Text Corporation ( OTEX ) will begin trading ex-dividend on August 28, 2013. A cash dividend payment of $0.3 per share is scheduled to be paid on September 20, 2013. Shareholders who purchased OTEX stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $70.01, the dividend yield is 1.71%. The previous trading day's last sale of OTEX was $70.01, representing a -5.1% decrease from the 52 week high of $73.77 and a 38.61% increase over the 52 week low of $50.51. OTEX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). OTEX's current earnings per share, an indicator of a company's profitability, is $2.52. Zacks Investment Research reports OTEX's forecasted earnings growth in 2014 as 2.71%, compared to an industry average of 2.2%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to OTEX through an Exchange Traded Fund [ETF]? The following ETF(s) have OTEX as a top-10 holding: AdvisorShares Athena International Bear ETF ( HDGI ). The top-performing ETF of this group is HDGI with an decrease of 0% over the last 100 days. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Evolving Systems, Inc. (EVOL) Ex-Dividend Date Scheduled for August 28, 2013 E volving Systems, Inc. ( EVOL ) will begin trading ex-dividend on August 28, 2013. A cash dividend payment of $0.1 per share is scheduled to be paid on September 13, 2013. Shareholders who purchased EVOL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 25% increase over the prior quarter. At the current stock price of $8.53, the dividend yield is 4.69%. The previous trading day's last sale of EVOL was $8.53, representing a -1.95% decrease from the 52 week high of $8.70 and a 58.55% increase over the 52 week low of $5.38. EVOL is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EVOL's current earnings per share, an indicator of a company's profitability, is $.41. Zacks Investment Research reports EVOL's forecasted earnings growth in 2013 as -50%, compared to an industry average of -5.5%. For more information on the declaration, record and payment dates, visit the EVOL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Shares Ticked Lower on Headline of Possible Unauthorized Access, Now Hearing Notice Was for Advanced Data Processing, Not Automatic Data Processing; ADP Shares Bouncing"", ""ADP Receives Notice of Possible Unauthorized Access""]" ADP,2013-08-28,50.6202,50.8156,50.4289,50.4931,"Workday's Q2 Loss Narrower Than Expected - Analyst Blog Enterprise cloud applications provider for human resource and finance, Workday Inc. ( WDAY ) reported fiscal second-quarter 2014 loss per share of 19 cents, narrower than the Zacks Consensus Estimate of a loss of 24 cents per share. Quarter Details Revenues surged 71.5% from the year-ago quarter to $107.6 million, which comfortably surpassed the Zacks Consensus Estimate of $101.0 million. Subscription revenues (75.4% of revenues) soared 92.2% year over year to $81.1 million in the quarter. Professional revenues (24.6% of revenues) increased 29.0% year over year to $26.4 million. Workday ended the second quarter with more than 500 customers in total. This apart, the company announced plans to deliver Workday Payroll for UK and Workday Payroll for France, which are targeted toward meeting the full spectrum of payroll needs. The applications are expected to be available in 2015 and 2016, respectively. Most of the contracts signed during the quarter were of just over 3.5 years in duration. This is an increase from the prior two quarters, mostly on the back of a couple of large deals with five year terms. The company focuses its selling efforts primarily on such short-term contracts. Management believes the higher renewal rates and economics of these contracts are favorable for the company in the long term. Operating expenses rose sharply to $99.1 million from $60.8 million reported in the year-ago quarter due to an 80.8% increase in general & administrative expense, 74.8% rise in research & development expense and a 49.0% jump in sales & marketing expense. As a result of higher operating expenses, Workday reported operating loss (including share- based compensation) of $32.3 million, wider than a loss of $26.4 million in the year-ago quarter. Net loss (including stock-based compensation) was $33.2 million or 19 cents per share. Cash & cash equivalents and marketable securities were $1.29 billion compared with $805.8 million in the previous quarter. Cash used in operations during the quarter was $12.9 million. Guidance For fiscal third quarter 2014, total revenue is expected in the range of $115 million to $118 million, up 58% to 62% compared to the prior year. Subscription revenues are anticipated to be within a range of $88 million to $91 million, reflecting year-over-year growth of 71% to 76%. For fiscal 2014, Workday expects revenues to be in the range of $436.0 million to $444.0 million. Professional Services revenues are projected to decrease seasonally in fiscal fourth quarter 2014. Recommendation We believe that Workday's innovative product pipeline will help it to gain significant footprint in the human resource and finance markets. However, we believe that the company will face serious competition from large established players such as Oracle Inc . ( ORCL ), Automatic Data Processing, Inc. ( ADP ) and SAP AG ( SAP ) in both of its operational markets. Currently, Workday has a Zacks Rank #3 (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report SAP AG ADR (SAP): Free Stock Analysis Report WORKDAY INC-A (WDAY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-08-29,50.3777,50.9901,50.1202,50.7484,"Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for August 30, 2013 C omputer Sciences Corporation ( CSC ) will begin trading ex-dividend on August 30, 2013. A cash dividend payment of $0.2 per share is scheduled to be paid on October 04, 2013. Shareholders who purchased CSC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that CSC has paid the same dividend. At the current stock price of $50.01, the dividend yield is 1.6%. The previous trading day's last sale of CSC was $50.01, representing a -8.74% decrease from the 52 week high of $54.80 and a 65.87% increase over the 52 week low of $30.15. CSC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSC's current earnings per share, an indicator of a company's profitability, is $6.93. Zacks Investment Research reports CSC's forecasted earnings growth in 2014 as 26.72%, compared to an industry average of 4.6%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CSC through an Exchange Traded Fund [ETF]? The following ETF(s) have CSC as a top-10 holding: Guggenheim Defensive Equity ETF ( DEF ). The top-performing ETF of this group is DEF with an increase of 0.03% over the last 100 days. It also has the highest percent weighting of CSC at 1.05%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-08-30,50.7426,50.7564,50.3659,50.6479, ADP,2013-09-03,51.2356,51.566,50.5345,50.8284,"Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for September 04, 2013 J ack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on September 04, 2013. A cash dividend payment of $0.2 per share is scheduled to be paid on September 27, 2013. Shareholders who purchased JKHY stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 73.91% increase over the same period a year ago. At the current stock price of $49.9, the dividend yield is 1.6%. The previous trading day's last sale of JKHY was $49.9, representing a -4.81% decrease from the 52 week high of $52.42 and a 36.49% increase over the 52 week low of $36.56. JKHY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). JKHY's current earnings per share, an indicator of a company's profitability, is $2.04. Zacks Investment Research reports JKHY's forecasted earnings growth in 2014 as 8.6%, compared to an industry average of 5.4%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-09-04,49.8876,51.3303,49.6538,51.278, ADP,2013-09-05,51.1301,51.5138,51.1015,51.4871,"Mentor Graphics Corporation (MENT) Ex-Dividend Date Scheduled for September 06, 2013 M entor Graphics Corporation ( MENT ) will begin trading ex-dividend on September 06, 2013. A cash dividend payment of $0.045 per share is scheduled to be paid on September 30, 2013. Shareholders who purchased MENT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that MENT has paid the same dividend. At the current stock price of $22.47, the dividend yield is .8%. The previous trading day's last sale of MENT was $22.47, representing a -4.79% decrease from the 52 week high of $23.60 and a 70.1% increase over the 52 week low of $13.21. MENT is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). MENT's current earnings per share, an indicator of a company's profitability, is $.98. Zacks Investment Research reports MENT's forecasted earnings growth in 2014 as -11.19%, compared to an industry average of -6.5%. For more information on the declaration, record and payment dates, visit the MENT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-09-06,51.566,52.1588,50.7968,52.0513, ADP,2013-09-09,52.0583,52.6282,52.0583,52.5216, ADP,2013-09-10,52.9368,52.9368,52.4912,52.4912, ADP,2013-09-11,52.5256,53.0562,52.3915,52.9901, ADP,2013-09-12,52.9151,53.3472,52.8027,53.1134, ADP,2013-09-13,53.1509,53.2169,52.5947,53.0464, ADP,2013-09-16,53.5927,53.647,53.0069,53.0522, ADP,2013-09-17,53.1568,53.2771,52.9103,53.0957,"Convergys Corporation (CVG) Ex-Dividend Date Scheduled for September 18, 2013 C onvergys Corporation ( CVG ) will begin trading ex-dividend on September 18, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on October 04, 2013. Shareholders who purchased CVG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CVG has paid the same dividend. At the current stock price of $18.65, the dividend yield is 1.29%. The previous trading day's last sale of CVG was $18.65, representing a -6.33% decrease from the 52 week high of $19.91 and a 27.04% increase over the 52 week low of $14.68. CVG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CVG's current earnings per share, an indicator of a company's profitability, is $.98. Zacks Investment Research reports CVG's forecasted earnings growth in 2013 as 18.37%, compared to an industry average of 17.9%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-09-18,53.1045,53.5987,52.8027,53.5148, ADP,2013-09-19,53.6184,53.6628,53.3255,53.4684, ADP,2013-09-20,53.4981,53.6124,53.2406,53.2919, ADP,2013-09-23,53.1262,53.427,52.0592,52.3609, ADP,2013-09-24,51.8718,52.4832,51.7584,52.2297,"[""RBC Capital Downgrades Automatic Data Processing, Inc. to Sector Perform, Raises PT to $77.00"", ""RBC Capital Downgrades Automatic Data Processing, Inc. to Sector Perform, Raises PT to $77.00"", ""RBC Capital Downgrades Automatic Data Processing, Inc. to Sector Perform, Raises PT to $77.00""]" ADP,2013-09-25,52.3323,52.4231,51.7811,51.923,"Amdocs Limited (DOX) Ex-Dividend Date Scheduled for September 26, 2013 A mdocs Limited ( DOX ) will begin trading ex-dividend on September 26, 2013. A cash dividend payment of $0.13 per share is scheduled to be paid on October 18, 2013. Shareholders who purchased DOX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that DOX has paid the same dividend. At the current stock price of $36.95, the dividend yield is 1.41%. The previous trading day's last sale of DOX was $36.95, representing a -5.28% decrease from the 52 week high of $39.01 and a 17.64% increase over the 52 week low of $31.41. DOX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DOX's current earnings per share, an indicator of a company's profitability, is $2.58. Zacks Investment Research reports DOX's forecasted earnings growth in 2013 as 10.66%, compared to an industry average of 13.1%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: Market Vectors Israel ETF ( ISRA ) PowerShares Dynamic Utilities ( PUI ). The top-performing ETF of this group is ISRA with an decrease of 0% over the last 100 days. It also has the highest percent weighting of DOX at 5.32%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-09-26,52.1469,52.4073,51.9585,52.21,"[""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for September 27, 2013 M onotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on September 27, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on October 21, 2013. Shareholders who purchased TYPE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that TYPE has paid the same dividend. At the current stock price of $27.91, the dividend yield is .86%. The previous trading day's last sale of TYPE was $27.91, representing a -1.06% decrease from the 52 week high of $28.21 and a 105.98% increase over the 52 week low of $13.55. TYPE is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). TYPE's current earnings per share, an indicator of a company's profitability, is $.81. Zacks Investment Research reports TYPE's forecasted earnings growth in 2013 as 2.66%, compared to an industry average of 1.2%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for September 27, 2013 P egasystems Inc. ( PEGA ) will begin trading ex-dividend on September 27, 2013. A cash dividend payment of $0.03 per share is scheduled to be paid on October 15, 2013. Shareholders who purchased PEGA stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 30th quarter that PEGA has paid the same dividend. At the current stock price of $39.49, the dividend yield is .3%. The previous trading day's last sale of PEGA was $39.49, representing a -2.61% decrease from the 52 week high of $40.55 and a 107.84% increase over the 52 week low of $19. PEGA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). PEGA's current earnings per share, an indicator of a company's profitability, is $.87. Zacks Investment Research reports PEGA's forecasted earnings growth in 2013 as 24.16%, compared to an industry average of 1.2%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-09-27,52.0592,52.074,51.2702,51.9507,"Washington Spotlight Clouds All Else - Earnings Preview Washington Spotlight Clouds All Else Developments in Washington DC are in the spotlight, stealing the limelight from a host of top-tier economic data and a steady trickle of 2013 Q3 earnings reports. Reporting season has gotten underway and 17 S&P 500 companies already come out with results, as of Friday September 27, 2013. This week brings earnings reports from 20 companies, including 4 S&P 500 members. Walgreens ( WAG ), Monsanto ( MON ), and Constellation Brands ( STZ ) are some of the notable companies reporting results this week. We have had a few strong earnings reports already, particularly from Nike ( NKE ), FedEx ( FDX ), and AutoZone ( AZO ), but the overall trend at this admittedly very early stage is mixed. The market isn't paying much attention to the Q3 earnings season at this stage as all the focus is on handicapping the odds of a government shutdown and, more importantly, the debt ceiling issue. The day of reckoning on the budget/shutdown issue is upon us, though we still likely have a couple of more weeks before the debt ceiling will positively need to be raised. Needless to say that this DC spotlight isn't market friendly as it heightens the real or perceived risks to the economy. Low Expectations for Q3 As has been the case at the start of recent quarterly earnings cycles, expectations for the Q3 earnings season have fallen sharply over the last three months. Total earnings for companies in the S&P 500 are now expected to be up only +1.1% from the same period last year, down from +1.2% last week and +5.1% at the start of the quarter in early July, as the chart below shows. This negative revisions behavior is hardly unusual as we have been repeatedly seeing this pattern play out in recent quarters. Companies have been overwhelmingly guiding lower, prompting analysts to cut estimates for the following quarter. The revisions behavior ahead of the Q2 earnings season was no different and most of the same sectors have experienced negative revisions this time around as well. The 'regulars' on the negative estimate revisions beat include Technology, Basic Materials, and Industrials. But in addition to those sectors, Retail and Consumer Discretionary have played material roles in bringing down expectations for Q3 as well. The chart below compares the Q3 total earnings growth expected for these five sectors at the start of the quarter and where those expectations stand at present Estimates for other sectors have come down as well, with even the Finance sector earnings expected to be up +6.2% now vs. the +8.1% that was expected in early July. Energy, Utilities, Conglomerates and even Construction have suffered negative revisions in varying degrees. High Expectations for Q4 While estimates for Q3 have come down, the same for Q4 and the following quarters have held up fairly well, as the chart below shows. Part of the extremely strong growth expected in Q4 is a function of easier comparisons, as 2012 Q4 represents the lowest quarterly earnings total for the S&P 500 in the last six quarters, with the comps particularly easy for the Finance sector. But it's not all due to easy comparisons, as the expected earnings totals for Q4 represent a new all-time quarterly record. Total earnings for the S&P 500 reached a new record at $256.5 billion in Q2, surpassing Q1's $254.1 billion record. But they are expected to reach $273.5 billion in 2013 Q4, with total earnings growth outside of Finance expected at +8.5%. Judging by what has happened over the past year or so, these Q4 estimates will come down as companies share their outlooks on the Q3 earnings calls. The market didn't care much as estimates came down in the last few quarters, hoping for better times ahead. Will it do the same this time as well, pushing its hopes of earnings ramp up into 2014? We will find out the answer to that question over the next two months. The Washington Drama Headlines from Washington DC will be all the rage this week, but we have a full docket of top-tier economic data coming out this week as well. Most of recent economic data, like Jobless Claims, New Home sales, and Personal Income/Spending has been good enough to allow the Fed to start the Taper process. But perhaps the Fed was justifiably wary of going that route in the last meeting given the coming budget/debt ceiling battles in Congress. The most important report coming out this week is the September non-farm payroll report coming out on Friday. We will also get the two ISM surveys, the private sector jobs tally from ADP and other economic readings this week. Monday - 9/30 The Chicago PMI coming out after the market opens will give us a preview of the national manufacturing ISM survey on Tuesday. The expectation is for the Chicago PMI to modestly lose ground from August's 55.7 reading. Paychex ( PAYX ) is the only notable earnings release today, coming out after the close. Tuesday - 10/1 We will get the September manufacturing ISM index, August Construction Spending, and September motor vehicle sales numbers coming out. The expectation is for the ISM reading to modestly pullback from August's 55.7 level, while Construction Spending is expected to show a +0.6% increase after July's similar gain. Walgreen's ( WAG ) is the key earnings report in the morning, while Global Payments ( GPN ) will report after the close. Zacks Earnings ESP, our proprietary leading indicator of earnings surprises, is showing Global Payments to come out with a positive earnings surprise. For More details on Earnings ESP, check the ESP page here . Wednesday - 10/2 We will get the September private sector jobs report from payroll processor Automatic Data Processing ( ADP ) in the morning, with expectations of 175K jobs in September, essentially unchanged from August's 176K tally. Monsanto ( MON ) is the only notable earnings report coming out today. Thursday - 10/3 Jobless Claims and the service-sector ISM survey are on the economic docket. Constellation Brands ( STZ ) and International Speedway ( ISCA ) are the only major earnings reports today. Friday - 10/4 The key economic report today is the September non-farm payroll report from the government's Bureau of Labor Statistics (BLS). The consensus expectation is for 'headline' job gains of 180K vs. 169K in August. No major earnings report coming out today. Here is a list of the 20 companies reporting this week, including 4 S&P 500 members: Company Ticker Current Qtr Year-Ago Qtr Last EPS Surprise % Report Day Time OMNOVA SOLUTION OMN 0.22 0.16 14.29 Monday BTO PARK ELECTROCHE PKE 0.3 0.28 -13.79 Monday BTO PAYCHEX INC PAYX 0.43 0.42 2.7 Monday AMC DIAMOND FOODS DMND -0.01 0.02 131.25 Monday AMC PALATIN TECH PTN -0.04 -0.14 33.33 Monday AMC WALGREEN CO WAG 0.73 0.53 -5.56 Tuesday BTO ACUITY BRANDS AYI 1.02 0.88 7.78 Tuesday BTO ACTUANT CORP ATU 0.5 0.55 -1.59 Tuesday BTO GLOBAL PAYMENTS GPN 0.94 0.87 -3.92 Tuesday AMC TEAM INC TISI 0.36 0.36 0 Tuesday AMC RESOURCES CNCTN RECN 0.11 0.12 6.67 Tuesday AMC SYNERGETICS USA SURG 0.05 0.08 66.67 Tuesday AMC MONSANTO CO-NEW MON -0.43 -0.44 3.75 Wednesday BTO TEXAS INDS TXI 0.05 -0.09 116 Wednesday AMC CALAMP CORP CAMP 0.15 0.14 16.67 Wednesday AMC NATL AMER UNIV NAUH -0.01 -0.01 -28.57 Wednesday AMC RADIANT LOGIST RLGT 0.02 0.01 100 Wednesday N/A CONSTELLATN BRD STZ 0.89 0.71 -7.32 Thursday BTO INTL SPEEDWAY ISCA 0.01 0.01 0 Thursday BTO XYRATEX LTD XRTX -0.01 0.34 230 Thursday AMC AUTOMATIC DATA (ADP): Free Stock Analysis Report AUTOZONE INC (AZO): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report GLOBAL PAYMENTS (GPN): Free Stock Analysis Report INTL SPEEDWAY (ISCA): Free Stock Analysis Report MONSANTO CO-NEW (MON): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report CONSTELLATN BRD (STZ): Free Stock Analysis Report WALGREEN CO (WAG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-09-30,51.5808,51.9161,51.4714,51.8225, ADP,2013-10-01,51.9675,51.9675,51.4714,51.6647,"Paychex's Q1 Earnings Beat Estimates - Analyst Blog Paychex Inc. ( PAYX ) reported earnings per share of 44 cents in the first quarter of 2014, which scraped past the Zacks Consensus Estimate of 43 cents per share. On a year-over-year basis, the reported earnings per share increased 5.5%. Revenues Paychex reported total revenue (including Interest on funds held for clients) of $607.9 million for the quarter which not only increased 5.1% from the year-ago period but also came marginally ahead of the Zacks Consensus Estimate of $607.0 million. Excluding Interest on funds held for clients (down 1.0% from the year-ago quarter), revenues comprising Payroll service and Human Resource Services increased 5.3% from the year-ago quarter to $597.9 million. Payroll Service segment revenues increased 2.4% from the year-ago period to $395.2 million primarily driven by higher checks per payroll and revenue per check. Checks per payroll increased 1.6% from the year-ago quarter. The company witnessed modest growth in revenue per check positively impacted by price increases, which was partially offset by discounting. Management said that during the period, the client retention rate remained satisfactory. Buoyed by the growth in client base in the retirement services, HR Solutions and eServices products, Paychex's Human Resource Services segment generated revenues of $202.7 million, which increased 11.3% from the year-ago quarter. Moreover, price increases positively impacted segment revenues for the quarter. Paychex has been expanding its Payroll and Human Resource Services in the South American countries leveraging a joint venture in Brazil. Moreover, the company has acquired a payroll provider in Germany to gain traction in the country. Management expects these initiatives to drive growth for Paychex in the long run. Operating Results Paychex's total expenses increased 3.7% from the year-ago quarter to $352.8 million, primarily due to compensation-related expenses. Moreover, higher expenses related to investment in product development and supporting technology and higher sales-related costs played its part in the rise in expenses. Nonetheless, total expenses as a percentage of total revenue decreased 80 basis points (bps) on a year-over-year basis due to higher revenue base. Paychex reported operating income of $255.8 million, up 7.2% from the year-ago period, attributable to modest revenue growth supported by better cost management and capacity utilization. Operating margin was 42.0% versus 41.2% in the year-ago quarter. Excluding Interest on funds held for clients, Paychex's operating income came in at $245.1 million or 41.0% of total services revenue which increased from $227.9 million or 40.1% of total services revenue. Net income for Paychex increased 6.3% from the year-ago quarter to $162.8 million or 44 cents per share. Balance Sheet & Cash Flow Paychex exited the quarter with cash and cash equivalents of $111.6 million versus $107.3 million at the end of the previous quarter. Corporate investments were $447.6 million compared with $398.2 million in the previous quarter. Additionally, Interest on funds held for clients decreased 1.0% year over year to $10.0 million as a result of lower average interest rates earned, partly offset by an increase in average investment balances. Paychex has no long-term debt. Guidance Paychex reiterated its outlook for the fiscal 2014. Management expects 3%-4% increase in Payroll Service revenues from the year-ago period. Human Resource Services revenues are expected to increase in the range of 9.0% to 10.0%. Total service revenue is expected to increase in the range of 5%-6%. Interest on funds held for clients and investment income for fiscal 2014 are expected to be impacted by the low interest rate. However, investment of cash generated from operations is expected to persist, thus increasing investment income. Net operating income as a percentage of service revenues is expected to be 38.0% for fiscal 2014. The effective income tax rate for fiscal 2014 is expected to be in the range of 36%-37%. Net income is expected to grow 8% to 9%. Our Take Paychex reported better-than-expected first-quarter results primarily boosted by modest revenue growth and margin expansion. Moreover, Paychex's reiteration of its fiscal 2014 outlook signifies that it is relatively well-paced in contrast to the current macroeconomic sluggishness. Moreover, we remain encouraged by management's positive commentary regarding continued investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives through joint ventures and acquisitions should bode well for its long-term growth strategy. Product launches are also expected to provide additional support. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide the company with opportunities. However, unfavorable interest rates and stiff competition from Automatic Data Processing ( ADP ) and Insperity ( NSP ) remain the possible headwinds for the company. Currently, Paychex has a Zacks Rank # 3 (Hold). Investors can also consider Micron Technology ( MU ), which carries a Zacks Rank #1 (Strong Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report MICRON TECH (MU): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-10-02,51.566,51.6291,51.3077,51.566,"What Jumped Out Of This Jobs Report? - Real Time Insight Automated Data Processing (ADP) handed out the week's sole monthly update on the U.S. labor market this Wednesday morn. We don't get Federal government data this Friday. ADP's report has been +30,000 to +40,000 jobs shy of Federal estimates. ADP's September private sector employment increased +166,000 jobs. The company's economists revised down August's job gain from +176,000 to +159,000. Top-line job additions reflected pure ""Muddle Through"" U.S.A. demand. Inner details in this report were more interesting. First, small businesses below 50 employees added +74,000 of the +166,000 jobs. No visible effect is there from Obamacare health insurance costs. Second, finance shed -4,000 jobs via layoffs seen in the home mortgage sector. There has been softness, or overreach, in home finance markets. But construction added +16,000 jobs. Building activity is healthy. Third, services made up +147,000 of the +166,000 jobs. It's a service-driven recovery. Fourth, trade/transport/utilities handed in the biggest sector gain, at +54,000. It's the most globally exposed sector. My RTI Question: Of These Four Details, Which Do You Think Is MOST Interesting? EMCOR GROUP INC (EME): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report LENNAR CORP -A (LEN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-10-03,51.3452,51.5493,50.7564,50.9063,"Equifax, iovation Collaborate - Analyst Blog Leading consumer, commercial and workforce information solutions provider, Equifax Inc. ( EFX ) recently joined forces with iovation, a leading provider of device reputation, to develop a solution to protect against fraud. The offering will help to safeguard mobile users from theft, account takeover and other smartphone security issues. The partnership will help Equifax to protect against threats such as account takeover, data breaches and internal fraud risks, which in turn will mitigate fraud, protect privacy and reduce data loss, thereby enhancing user acceptance and satisfaction. Per the deal, Equifax's Identity and Fraud Solutions Identity Proofing and Progressive Authentication will be combined with iovation's ReputationManager 360. This will help to reduce fraud and manage threats coming from mobile browsers such as iOS and Android or native applications. iovation provides real-time, actionable reputation intelligence that exposes online fraudsters and protects online businesses from cyber threats, which in turn enhances operational efficiency and improves customer experiences. According to a recent survey by the National Cyber Security Alliance, approximately 77% of small and medium-size businesses (SMB) consider themselves to be safe from hackers, viruses and other cyber security threats without adopting adequate safety measures. Earlier, in order to further strengthen its position in the identity protection market, Equifax expanded its risk-based authentication services within the Identity and Fraud product suite. Equifax's focus on product innovation, broadening of data assets through acquisitions and continued share gains in North America are encouraging. We believe Equifax is well positioned to benefit from its leadership in important markets and strength in international markets. Given the company's strong correlation with the consumer and financial markets as well as its U.S. and European exposure, we see a gradual improvement in results. Competition from Fiserv Inc. ( FISV ) and Automatic Data Processing, Inc. ( ADP ) is, however, a concern. Currently, Equifax has a Zacks Rank #4 (Sell). Investors should instead consider stocks such as Official Payment Holdings Inc. ( OPAY ), which has a Zacks Rank #1 (Strong Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report OFFICIAL PAYMNT (OPAY): Get Free Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-10-04,51.0207,51.2702,50.7899,51.2081,"Who Needs the Government? - Ahead of Wall Street October 4, 2013 Mark Vickery here, covering for Sheraz Mian, who is doing an early-morning interview. Plenty of market-centric people -- traders, investors or just interested observers -- like to say government doesn't matter to the markets. Thus far this week, since the childlike tantrum in a power suit known as ""The Shutdown,"" these people have a point: we're almost exactly break-even on the S&P 500 since Monday, before The Shutdown began and the 24-hour news cycles praised the heavens for having something to talk about. Too bad for there rest of us, especially those who like to stay grounded with the monthly Bureau of Labor Statistics' (BLS) nonfarm payroll report, which we don't have thanks to The Shutdown. (Be careful next time you buy meat at the store, too, by the way.) Thus, on the first Friday of THIS month, all we've got is guessing games: It's a good bet that we're 100K+ on September payrolls; it would probably be even more accurate to put gains at around 150K gains on the month… then again, we just don't know. Private-sector gains from the ADP ( ADP ) report on Wednesday were for 166K -- somewhat of a disappointment, actually, but still pretty decent, though recent trends would indicate more government jobs will have been shed in the month. Thus, taking the ADP figure as close to what the BLS number would be (certainly not a ""gimme""), we might expect something in the 150-160K range had we actually had a nonfarm payroll report this morning. Just a guess. How awesome! In actual market news, Twitter ( TWTR ) finally announced yesterday it will go public -- the social media player expects to raise up to $1 billion in the market based on the move -- and Potbelly ( PBPB ) actually takes the plunge onto the Nasdaq this morning. Both companies have a few question marks, though the new influx of capital will certainly help, but thank goodness I don't have to resort to discussing Peyton Manning's odds of reaching the Super Bowl in this column today. Anyway, Happy Friday. Try not to worry about the ineptitude of the Legislative and Executive branches of our federal government. What it may come down to is a debt-limit compromise to settle matters in Washington; it would likely come down to some sort of good faith efforts on behalf of President Obama and Speaker Boehner… [sigh]. God help us all. Mark Vickery Senior Editor AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-10-07,50.7564,51.0858,50.4921,50.8491, ADP,2013-10-08,50.9368,51.0058,50.2407,50.2908, ADP,2013-10-09,50.2978,50.5493,50.0563,50.3175, ADP,2013-10-10,50.7219,51.501,50.5552,51.4152,"[""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Paychex Resumes Dividend Hikes As Business Picks Up SHUTTERSTOCK PHOTO Paychex ( PAYX ), a leading provider of payroll services to small and midsize businesses, has resumed dividend increases amid a rebound in sales and profit. The company began raising the quarterly payout in 2011 after holding it steady at 31 cents a share for three years. The latest increase came in August, a hike of 2 cents, or 6%, to 35 cents a share. The annual dividend is now $1.40 per share, which yields 3.6% at the current share price. That's well above the S&P 500 average of 2.56%. Meanwhile, the stock has risen 29% this year, also easily outpacing the S&P. Paychex is benefiting from slowly rising U.S. employment and expansion into Germany, Europe's biggest economy, and South America. It's also expanding product offerings. The Rochester, N.Y.-based company recently formed a partnership with Canada-based Kashoo, which develops accounting software for small businesses that can be downloaded from the Internet. Paychex's profit and sales have been rising at a slow but steady pace for the past 13 quarters following a series of declines amid the 2008-09 recession. On Sept. 30, Paychex posted a better-than-expected 5% gain in profit for the latest quarter. Sales rose 3% to $597.9 million, and the company reiterated its 2014 outlook. The stock's three-year Earnings Stability Factor is 1 on a scale of 0 (most stable) to 99 (least stable). Meanwhile, pretax margin rose for three straight years, to a robust 39.2% in 2012. Cash flow also has been on the rise, another sign that dividends could continue to rise. Paychex is a member of the highly rated Computer Software-Enterprise industry group, which includes rivalAutomatic Data Processing ( ADP ). Risks to the stock include weaker economic growth and stiff competition from ADP and other payroll and human resource service providers. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield""]" ADP,2013-10-11,51.0207,51.931,50.9921,51.9161, ADP,2013-10-14,51.8068,52.1903,51.6498,52.1676, ADP,2013-10-15,51.9161,52.0592,51.6785,51.7811, ADP,2013-10-16,52.2229,52.8343,52.067,52.7801, ADP,2013-10-17,52.5582,53.0898,52.4478,53.0385, ADP,2013-10-18,53.0681,53.3392,52.8886,53.1213, ADP,2013-10-21,52.9754,53.5217,52.9034,53.4832, ADP,2013-10-22,53.5573,54.2347,53.4427,54.0206,"[""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest EPS"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest EPS"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest EPS""]" ADP,2013-10-23,53.8719,53.9201,53.572,53.7751, ADP,2013-10-24,53.9133,54.1578,53.7988,53.9922, ADP,2013-10-25,53.9201,54.2042,53.6696,54.0621,"Equifax Beats on Q3 Earnings - Analyst Blog Equifax Inc. ( EFX ) reported third-quarter 2013 adjusted earnings per share (adjusted for adjusted for acquisition-related amortization expense) from continuing operations of 90 cents, beating the Zacks Consensus Estimate of 88 cents. Results were up 21.0% from the year-ago quarter. Revenues Although revenues increased 10.0% year over year to $572 million it failed to beat the Zacks Consensus Estimate of $574 million. The year-over-year revenues were positively impacted by broad based revenue growth across its business segments. Segment wise, total U.S. Consumer Information Solutions (USCIS) revenues increased 15% on a year-over-year basis to $253.1 million. Among sub-segments, strong growth was recorded in Mortgage Solutions Services (up 15%), followed by the Consumer Financial Marketing Services segment (up 23%) and Online Consumer Information Solutions (up 14%). International revenues (including Europe, Canada and Latin America) grew 6% year over year to $128.5 million, primarily due to 12% growth in the Europe segment, 1% in the Canada Consumer segment, followed by 5.0% growth in the Latin America segment. Revenues from the Workforce Solutions segment increased 3% year over year to $115 million. The upside resulted from an 8% year-over-year increase in Employer Services revenues while revenues from Verification Services remained flat. North American Personal Solutions contributed $52.3 million to revenues, reflecting a 14% year-over-year improvement. North American Commercial Solutions generated $23.1 million, up 9% from the year-ago quarter. Operating Results Operating margin was 27.6% as against 25.1% a year ago. Margin performance was better in the Workforce solution, USCIS and International, which more than offset the margin declines from North America Personal Solution and North America Commercial Solution segments. The company reported higher operating expenses with selling, general and administrative expenditure increasing 7.4% year over year. Equifax reported net income (excluding the impact of acquisition-related amortization expense, net of tax and cash income tax benefit of acquisition-related amortization expense of certain acquired intangibles) of $111.6 million or 90 cents per share compared with $90.8 million or 74 cents reported in the year-ago quarter. Balance Sheet Equifax exited the quarter with $131.9 million in cash and cash equivalents, up from $104.9 million in the previous quarter. Total long-term debt remained flat at $1.43 billion sequentially. The company repurchased stocks worth $11.9 million during the quarter. Guidance Considering the recent domestic and international business activities, current foreign exchange rates and the expected slowdown in mortgage activities, the company expects consolidated revenues for fiscal 2013 at the mid-point of 10.0%-12.0% year-over-year range. Adjusted earnings per share are expected to grow in the range of 21%-24% from the year-ago quarter. Our Take Equifax reported mixed third-quarter results. While Equifax's bottom line beat the Zacks Consensus Estimate, its top line fell short of the same. Nonetheless, the company's revenues increased on a year-over-year basis aided by strong growth across its business segments. Management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America were encouraging. Given the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure, we see a gradual improvement in results. Moreover, improving mortgage environment is a big positive for the stock. However, stiff competition from Automatic Data Processing Inc. ( ADP ), Fiserv Inc. ( FISV ) and Moody's Corp. ( MCO ), and uncertainty in the mortgage sector are concerns. Currently, Equifax has a Zacks Rank #3 (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-10-28,53.927,54.4744,53.8048,54.1776,"[""Credit Suisse Added Bristol-Myers Squibb, Vantiv to 'US Focus List,' ADP, Rowan Companies Removed"", ""Credit Suisse Added Bristol-Myers Squibb, Vantiv to 'US Focus List,' ADP, Rowan Companies Removed"", ""Credit Suisse Added Bristol-Myers Squibb, Vantiv to 'US Focus List,' ADP, Rowan Companies Removed""]" ADP,2013-10-29,54.4438,54.8916,54.1095,54.6667,"[""EPIQ Systems, Inc. (EPIQ) Ex-Dividend Date Scheduled for October 30, 2013 E PIQ Systems, Inc. ( EPIQ ) will begin trading ex-dividend on October 30, 2013. A cash dividend payment of $0.09 per share is scheduled to be paid on December 09, 2013. Shareholders who purchased EPIQ stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that EPIQ has paid the same dividend. At the current stock price of $13.99, the dividend yield is 2.57%. The previous trading day's last sale of EPIQ was $13.99, representing a -2.85% decrease from the 52 week high of $14.40 and a 37.02% increase over the 52 week low of $10.21. EPIQ is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EPIQ's current earnings per share, an indicator of a company's profitability, is $.41. Zacks Investment Research reports EPIQ's forecasted earnings growth in 2013 as -41.18%, compared to an industry average of 2.1%. For more information on the declaration, record and payment dates, visit the EPIQ Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for October 30, 2013 : CMCSA, GM, PSX, SO, PX, ADP, AMT, HES, GLW, CMCSK, EXC, TEL T he following companies are expected to report earnings prior to market open on 10/30/2013. Visit our Earnings Calendar for a full list of expected earnings releases. Comcast Corporation ( CMCSA ) is reporting for the quarter ending September 30, 2013. The cable tv company's consensus earnings per share forecast from the 22 analysts that follow the stock is $0.60. This value represents a 30.43% increase compared to the same quarter last year. CMCSA missed the consensus earnings per share in the 4th calendar quarter of 2012 by -1.89%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CMCSA is 19.77 vs. an industry ratio of 27.40. General Motors Company ( GM ) is reporting for the quarter ending September 30, 2013. The auto (domestic) company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.91. This value represents a 2.15% decrease compared to the same quarter last year. GM missed the consensus earnings per share in the 4th calendar quarter of 2012 by -2.04%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for GM is 10.59 vs. an industry ratio of 124.30. Phillips 66 ( PSX ) is reporting for the quarter ending September 30, 2013. The oil refining company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.91. This value represents a 69.36% decrease compared to the same quarter last year. PSX missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -18.92%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PSX is 10.78 vs. an industry ratio of 13.50. Southern Company ( SO ) is reporting for the quarter ending September 30, 2013. The electric power utilities company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.11. This value represents a no change for the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for SO is 15.60 vs. an industry ratio of 17.60. Praxair, Inc. ( PX ) is reporting for the quarter ending September 30, 2013. The chemical company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.52. This value represents a 9.35% increase compared to the same quarter last year. In the past year PX has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PX is 20.85 vs. an industry ratio of 13.90, implying that they will have a higher earnings growth than their competitors in the same industry. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending September 30, 2013. The outsourcing company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.66. This value represents a 6.45% increase compared to the same quarter last year. ADP missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -1.75%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ADP is 23.95 vs. an industry ratio of 15.10, implying that they will have a higher earnings growth than their competitors in the same industry. American Tower Corporation (REIT) ( AMT ) is reporting for the quarter ending September 30, 2013. The reit company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.53. This value represents a 99.95% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for AMT is 45.37 vs. an industry ratio of 16.00, implying that they will have a higher earnings growth than their competitors in the same industry. Hess Corporation ( HES ) is reporting for the quarter ending September 30, 2013. The oil company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.45. This value represents a 2516.67% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for HES is 12.93 vs. an industry ratio of 12.10, implying that they will have a higher earnings growth than their competitors in the same industry. Corning Incorporated ( GLW ) is reporting for the quarter ending September 30, 2013. The communications company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.32. This value represents a 8.57% decrease compared to the same quarter last year. In the past year GLW has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 3.23%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for GLW is 13.73 vs. an industry ratio of 21.00. Comcast Corporation ( CMCSK ) is reporting for the quarter ending September 30, 2013. The cable tv company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.63. This value represents a 36.96% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CMCSK is 18.84 vs. an industry ratio of 27.40. Exelon Corporation ( EXC ) is reporting for the quarter ending September 30, 2013. The electric power utilities company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.66. This value represents a 14.29% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for EXC is 11.36 vs. an industry ratio of 17.60. TE Connectivity Ltd. ( TEL ) is reporting for the quarter ending September 30, 2013. The electrical instrument company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.90. This value represents a 18.42% increase compared to the same quarter last year. In the past year TEL has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 6.02%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TEL is 16.62 vs. an industry ratio of 6.50, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-10-30,54.3482,54.3482,52.8196,53.1962,"[""Automatic Data Processing, Inc. Reports Q3 EPS of $0.68 vs $0.66 Est; Revenue of $2.80B vs $2.81B Est"", ""Automatic Data Sess FY Cont Ops Up 8-10%"", ""Market Wrap for October 30: Fed Worries Push Stocks Lower, Facebook Earnings Raise Concerns"", ""Market Wrap for October 30: Fed Worries Push Stocks Lower, Facebook Earnings Raise Concerns"", ""Automatic Data Sess FY Cont Ops Up 8-10%"", ""Automatic Data Processing, Inc. Reports Q3 EPS of $0.68 vs $0.66 Est; Revenue of $2.80B vs $2.81B Est"", ""Digimarc Corporation (DMRC) Ex-Dividend Date Scheduled for October 31, 2013 D igimarc Corporation ( DMRC ) will begin trading ex-dividend on October 31, 2013. A cash dividend payment of $0.11 per share is scheduled to be paid on November 12, 2013. Shareholders who purchased DMRC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that DMRC has paid the same dividend. At the current stock price of $22.5, the dividend yield is 1.96%. The previous trading day's last sale of DMRC was $22.5, representing a -16.01% decrease from the 52 week high of $26.79 and a 27.26% increase over the 52 week low of $17.68. DMRC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DMRC's current earnings per share, an indicator of a company's profitability, is $.49. For more information on the declaration, record and payment dates, visit the DMRC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Vistaprint Beats on Q1 Adjusted Earnings - Analyst Blog Business services provider Vistaprint N.V. ( VPRT ) reported a net income of $0.4 million or a penny per share in first quarter fiscal 2014 (ending Sep 30, 2013) compared to a loss of $1.7 million or 5 cents per share in the year-earlier quarter. Excluding one-time items, adjusted earnings were $11.3 million or 32 cents per share in the reported quarter compared with $8.9 million or 25 cents per share in the year-ago quarter. The quarterly adjusted earnings beat the Zacks Consensus Estimate of 16 cents. Total revenue in first quarter fiscal 2014 increased 9% year over year to $275.1 million. The reported revenues beat the Zacks Consensus Estimate of $273 million. Geographically, revenues were up 14% year over year in North America, followed by Europe (up 6%) and Most of the World (down 11%). In the reported quarter, gross margin stood at 65.2% versus 65.0% in the year-ago period. Operating income increased to $8.4 million in the reported quarter from $0.2 million in the prior-year period. Balance Sheet & Cash Flow The company exited the quarter with $64.7 million in cash and cash equivalents versus $50.1 million as of Jun 30, 2013. Long-term debt stood at $262.5 million. The company had $226.0 million available under its credit facility. Vistaprint did not repurchase any share during the reported quarter. The company generated ($0.1) million of cash from operations and ($19.6) million in free cash flow with capital expenditure of $17.6 million. Outlook For fiscal 2014, the company expects revenues in the range of $1,250 million to $1,300 million. Fiscal 2014 GAAP earnings are expected in the range of $1.35 -$1.70 per share. Adjusted earnings for full fiscal are expected in the range of $2.49-$2.83 per share with capital expenditure of $85 million to $100 million. Vistaprint remains focused on leveraging its investments and expects meaningful earnings growth and expansion in fiscal 2014. The company expects lower year-over-year revenue growth in Europe than in North America, primarily due to planned changes in its business in Europe to improve its customer value proposition, marketing execution and profitability. Vistaprint currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth considering now are Automatic Data Processing, Inc ( ADP ), Huron Consulting Group Inc ( HURN ) and Paychex, Inc ( PAYX ), each carrying a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report HURON CONSLT GP (HURN): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report VISTAPRINT NV (VPRT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Weak Jobs Mean More FEQE - Ahead of Wall Street Wednesday, October 30, 2013 This morning's weaker than expected ADP jobs reading is likely indicative that the loss of momentum in the labor market in the second half of the year liked got further weakened as a result of the shutdown. The stock market is interpreting this emerging economic landscape as sufficiently soft to keep the Fed's foot on the QE paddle. We will find later this afternoon what the Fed has to say about this, but current consensus expectations don't expect any changes to the QE program before April 2014. The Fed isn't expected to announce any changes this afternoon, but it's assessment of the economic picture will provide useful clues to the Taper timeline. At the September meeting, they had described the pace of economic growth as 'moderate', an upgrade from the 'modest' descriptor they had used before. It will be interesting to see how they describe the underlying economy now, particularly with the government shutdown believed to have taken a bite out of Q4 GDP growth as this morning's ADP shows. The market's attention is justifiably on the Fed, but we are also in the midst of the Q3 earnings season. Just like economic data, the earnings season is neither too hot, nor too cold. Earnings aren't great, but they aren't terrible either. The overall level of earnings remains quite high, though there isn't much growth. The market seems to be ok with that, particularly if the Fed continues to remain on the QE beat. Including this morning's reports from General Motors ( GM ), Comcast ( CMCSA ), and others, we now have Q3 results from 310 S&P 500 members that combined account for account for 68.2% of the index's total market capitalization. Facebook ( FB ) will be reporting after the close today. Total earnings for these 310 companies are up +6%, with 67.4% coming ahead of consensus earnings expectations. Total revenues are up +3% and 49.7% are beating top-line expectations. This is better performance, particularly on the earnings side, than what this same group of companies reported in Q2 and the 4-quarer average. The variance of the last few quarters is particularly notable outside of the Finance sector, which has picked up this quarter. The growth pick up in the Technology sector relative to what we have been seeing in recent quarters spotlights the ex-Finance improvement, though the growth pace in other sectors like Transportation, Energy and Basic Materials has also improved. Despite the negative comparisons at sector leader Apple ( AAPL ), total earnings for the Technology sector are currently up +5.1% from the same period last year, which compares to earnings decline of -11.9% in Q2 and the 4-quarter average earnings decline of -3.5% for the sector companies that have reported already. The composite earnings and revenue growth rates for Q3, combining the results for the 310 companies that have reported with the 190 still to come, are +3.6% and +2%, respectively. This puts Q3's earnings growth rate on track to be modestly better than what we saw in the first two quarters of 2013. Expectations for 2013 Q4 have started coming down, but they likely still have plenty of room for coming down, with total earning for the S&P 500 expected to be up +8.5%, down from +9.1% last week and higher than +10% at the start of the reporting season. Sheraz Mian Director of Research APPLE INC (AAPL): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report COMCAST CORP A (CMCSA): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report GENERAL MOTORS (GM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Market Wrap for October 30: Fed Worries Push Stocks Lower, Facebook Earnings Raise Concerns"", ""Automatic Data Sess FY Cont Ops Up 8-10%"", ""Automatic Data Processing, Inc. Reports Q3 EPS of $0.68 vs $0.66 Est; Revenue of $2.80B vs $2.81B Est""]" ADP,2013-10-31,53.1676,53.8797,52.9901,53.718,"[""UPDATE: BMO Capital Markets Reiterates on Automatic Data Processing on Expected New Bookings Growth"", ""UPDATE: BMO Capital Markets Reiterates on Automatic Data Processing on Expected New Bookings Growth"", ""UPDATE: BMO Capital Markets Reiterates on Automatic Data Processing on Expected New Bookings Growth""]" ADP,2013-11-01,53.9488,54.0414,53.6184,53.9201, ADP,2013-11-04,54.2268,54.3482,53.6628,54.0621,"Insperity's Q3 Earnings Lag Estimates - Analyst Blog Shares of Insperity Inc. ( NSP ) dropped 7.89% on Friday, Nov 1, 2013, on lower-than-expected third-quarter 2013 earnings of 39 cents per share. The company's earnings per share not only lagged the Zacks Consensus Estimate of 42 cents but also fell 13.3% on a year-over-year basis. Quarter Details Although Insperity's third-quarter revenues of $539.8 million increased 5.5% on a year-over-year basis, it failed to beat the Zacks Consensus Estimate of $546 million. The year-over-year improvement was attributed to higher average number of worksite employees paid per month and increase in revenues per worksite employee per month. The company reported average client retention of 99% during the quarter. However, net hiring from its clients was low. Insperity's gross margins were down 118 basis points (bps) from the year-ago quarter to 18% primarily due to higher deficit in the benefits cost center. Moreover, a higher number of large health care claims also impacted margins. The company's operating expenses increased 1.3% from the year-ago quarter due to recruitment of extra Business Performance Advisors and the company's reform strategy related to the health care claims costs. Operating margins came in at 3.2% compared to 3.7% in the year-ago period primarily due to lower operating income per worksite employee per month. Insperity's net income decreased from $11.5 million or 45 cents reported in the year-ago to $10.1 million or 39 cents. Insperity exited the third quarter with cash, marketable securities and restricted cash of $259.6 million, down from $278.6 million in the previous quarter. Year-to-date, the company has repurchased shares worth $17 million and paid cash dividends of $13 million. Guidance Insperity expects gross profit per worksite employee per month in the range of $230-$232 for the fourth quarter of 2013. The company expects operating expenses in the range of $81 million-$82 million for the fourth quarter Conclusion Insperity provides human resources as well as business solutions to small and medium business to help them perform better. Insperity reported dismal third-quarter results where both the top and bottom lines failed to beat the Zacks Consensus Estimate. Margins were also impacted by higher-than-expected expenses. Nonetheless, we believe that management's initiatives to expand the number of Business Performance Advisors and implement health care reform strategy will benefit in the long run. Moreover, the company's software-as-a-service and other adjacent business services are also gaining traction which is expected to improve 2014 results. A debt-free balance sheet, share repurchases and dividend payouts are positive, but increasing expenses, stiff competition from Automatic Data Processing Inc. ( ADP ), Paychex Inc. ( PAYX ) and ManpowerGroup Inc. ( MAN ) are concerns. Currently, Insperity has a Zacks Rank #3 (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report MANPOWER INC WI (MAN): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-11-05,53.8797,54.1776,53.5148,54.0621,"[""Why Having Cash Sitting Idle May Be Your Best Investment Strategy Right Now"", ""Why Having Cash Sitting Idle May Be Your Best Investment Strategy Right Now"", ""Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for November 06, 2013 C omputer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on November 06, 2013. A cash dividend payment of $0.51 per share is scheduled to be paid on November 22, 2013. Shareholders who purchased CPSI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CPSI has paid the same dividend. At the current stock price of $60.42, the dividend yield is 3.38%. The previous trading day's last sale of CPSI was $60.42, representing a -2.37% decrease from the 52 week high of $61.89 and a 31.12% increase over the 52 week low of $46.08. CPSI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CPSI's current earnings per share, an indicator of a company's profitability, is $2.89. Zacks Investment Research reports CPSI's forecasted earnings growth in 2013 as 5.2%, compared to an industry average of -7.6%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for November 06, 2013 S imulations Plus, Inc. ( SLP ) will begin trading ex-dividend on November 06, 2013. A cash dividend payment of $0.04 per share is scheduled to be paid on November 15, 2013. Shareholders who purchased SLP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 33.33% increase over the prior quarter. At the current stock price of $5.18, the dividend yield is 3.09%. The previous trading day's last sale of SLP was $5.18, representing a -4.95% decrease from the 52 week high of $5.45 and a 35.6% increase over the 52 week low of $3.82. SLP is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SLP's current earnings per share, an indicator of a company's profitability, is $.18. Zacks Investment Research reports SLP's forecasted earnings growth in 2013 as %, compared to an industry average of 2.4%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Having Cash Sitting Idle May Be Your Best Investment Strategy Right Now""]" ADP,2013-11-06,53.9428,54.4527,53.927,54.2958, ADP,2013-11-07,54.5208,54.71,53.8492,53.935, ADP,2013-11-08,54.0149,54.4378,53.8492,54.4211, ADP,2013-11-11,54.2958,54.4438,54.0543,54.2427, ADP,2013-11-12,54.1903,54.3422,53.9783,54.211,"[""Automatic Data Processing Raises Qtr. Dividend from $0.435 to $0.48/Share"", ""Automatic Data Processing Raises Qtr. Dividend from $0.435 to $0.48/Share"", ""Automatic Data Processing Raises Qtr. Dividend from $0.435 to $0.48/Share""]" ADP,2013-11-13,54.1637,54.7703,53.8719,54.7357,"[""DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for November 14, 2013 D ST Systems, Inc. ( DST ) will begin trading ex-dividend on November 14, 2013. A cash dividend payment of $0.3 per share is scheduled to be paid on December 13, 2013. Shareholders who purchased DST stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DST has paid the same dividend. At the current stock price of $87.91, the dividend yield is 1.37%. The previous trading day's last sale of DST was $87.91, representing a -0.33% decrease from the 52 week high of $88.20 and a 62.89% increase over the 52 week low of $53.97. DST is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). DST's current earnings per share, an indicator of a company's profitability, is $6.86. Zacks Investment Research reports DST's forecasted earnings growth in 2013 as 12.88%, compared to an industry average of 4.9%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DST through an Exchange Traded Fund [ETF]? The following ETF(s) have DST as a top-10 holding: ALPS GS Risk Adjusted Return U.S. Large Cap Index ETF ( GSRA ). The top-performing ETF of this group is GSRA with an increase of 17.84% over the last 100 days. It also has the highest percent weighting of DST at 0.02%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for November 14, 2013 E vertec, Inc. ( EVTC ) will begin trading ex-dividend on November 14, 2013. A cash dividend payment of $0.1 per share is scheduled to be paid on December 06, 2013. Shareholders who purchased EVTC stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $22.4, the dividend yield is 1.79%. The previous trading day's last sale of EVTC was $22.4, representing a -12.74% decrease from the 52 week high of $25.67 and a 17.22% increase over the 52 week low of $19.11. EVTC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). Zacks Investment Research reports EVTC's forecasted earnings growth in 2013 as 40.57%, compared to an industry average of 10.1%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-11-14,54.8757,55.438,54.7782,55.1075, ADP,2013-11-15,55.0405,55.4173,54.8077,55.3669, ADP,2013-11-18,55.3866,55.6302,55.2308,55.3866, ADP,2013-11-19,56.4211,57.5967,56.0483,57.0701, ADP,2013-11-20,57.2141,57.3709,56.4281,56.6006, ADP,2013-11-21,56.9054,57.1875,56.6559,57.1194,"Industries Fix Factory Flow Using Aspen Technology Shutterstock photo The process of refining oil, natural gas, petrochemicals and other fuels is a complex one that involves dozens of steps and variables, and can lead to disaster if you don't do it the right way. To streamline the process and reduce the risk of error, refineries depend on software programs that let them do everything from simulating the refining process to designing the facility itself. One company that provides this kind of software,Aspen Technology ( AZPN ), has seen a big turnaround in its financial fortunes thanks to efforts to streamline its own process of doing business. Aspen makes business management software for oil, gas, energy and chemical companies. Its Aspen One suite is used in engineering, manufacturing and supply chain processes. The software lets clients model and design facilities, monitor and optimize performances, estimate costs and analyze data. Pivoting For Pricing Refineries can also use the technology to determine what kinds of fuels they should produce to take advantage of price trends. ""If aviation fuel is selling high, you might try to produce more jet fuel than octane fuel,"" said Mark Schappel, an analyst at Benchmark. ""Their software can tell you that you should get this much octane out, this much kerosene out, this much petroleum jelly out. It allows you to simulate what happens in a plant offline. You can do it on the computer first, which helps minimize mistakes."" Because Aspen's technology is so specialized, much of its competition comes from smaller, privately held software firms. Aspen also vies with much larger automated control companies such asHoneywell International ( HON ),Rockwell Automation ( ROK ) and Invensys, though Schappel says the software at these companies ""is not considered best in class."" Aspen's technology is considered among the best in the business, analysts say. But that hasn't always been enough to offset problems in other areas of the business. In 2008, Aspen shifted from an upfront license model to a subscription model as a way of smoothing out its revenue stream and giving it more visibility on future business. While that change was being implemented, however, the company struggled on the bottom line. It lost money for three straight years, from fiscal 2010 to fiscal 2012. The earnings picture has been much brighter in recent quarters. Aspen returned to profitability in fiscal 2013, which ended in June. It has now produced five straight quarters of black ink. ""For several years, restructuring occupied the company,"" Schappel said. ""With that mostly out of the way, they can now act like a real software company and focus on R&D. They are also talking to the sales force instead of sitting in front of attorneys or accountants."" The renewed focus was evident during the company's fiscal first quarter of 2014, which ended in September. Q1 earnings more than doubled from a year earlier to 19 cents a share, topping consensus estimates for 15 cents. The bottom line got a big boost from a much better-than-expected operating margin. Revenue for the quarter gained 23% to $87.6 million, topping views for $85 million. It was the 12th straight quarter of double-digit revenue growth. Optimizing Aspen Aspen's total license contract value, or TLCV, climbed 13.2% year-over-year during the quarter. That was slightly ahead of the 12.5% estimate issued by JPMorgan analyst Sterling Auty. ""In this fifth year of the six-year Aspen One transition, the vast majority of customers have converted to usage-based models, which offer more product with the ability to grow usage,"" Auty noted in a report. Aspen is the 10th-largest company by market capitalization in IBD's Computer Software-Enterprise industry group that's dominated bySAP ( SAP ),ADP ( ADP ) andSalesforce.com (CRM). The group itself is ranked No. 19 of 197 that IBD tracks. Analysts expect Aspen to grow full-year earnings 53% this fiscal year and 26% in fiscal 2015. The company's stock price set a nearly 13-year high of 39.02 on Oct. 30. Aspen's revenue is fairly evenly split among the U.S., Europe and the rest of the world. Like any company whose fortunes are tied to the oil/gas industry, Aspen must deal with the ups and downs of commodity prices. The prices of both crude oil and natural gas have fallen in recent months from multiyear highs earlier in the year. In a conference call with analysts following Aspen's first-quarter results, CEO Antonio Pietri said the global macro environment ""remains volatile,"" but added that Aspen has ""not seen a material change"" in customer buying behavior in recent months. ""We continue to benefit from the combination of our market-leading position, long-term contracts that are typically five to six years in length and the mission-critical nature of our applications,"" Pietri said. He conceded that ""no company is immune"" from a sustained deterioration of the macro environment. However, Aspen continues to see positive demand from customers. ""Our primary end markets remain relatively healthy on a worldwide basis, and we're in the early stages of benefiting from the innovation that we have introduced in recent years,"" Pietri added. It was Pietri's first conference call as CEO after replacing Mark Fusco, who retired. Pietri previously ran Aspen's field operations, which included sales and services. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-11-22,57.0297,57.3088,56.9636,57.2841,"Intuit Posts Narrower-than-Expected Loss - Analyst Blog Intuit Inc. ( INTU ) reported adjusted loss per share from continuing operations of 18 cents in the first quarter of 2014, narrower than the Zacks Consensus Estimate of a loss of 20 cents per share. Quarter Details Intuit's revenues of $622.0 million not only increased 10.7% on a year-over-year basis, but also bettered the Zacks Consensus Estimate of $603.0 million. Moreover, the reported revenues surpassed management's guided range of $595.0 million to $605.0 million. The year-over-year improvement was mainly due to broad-based strength in all the segmental revenues. Product revenues increased 0.9% year over year to $229.0 million, while Services and Other revenues jumped 17.3% from the year-ago quarter to $393.0 million. Segment-wise, the Small Business Group posted 11.0% year-over-year growth due to higher adoption rate of Intuit's cloud-based solutions. Small Business Financial Solutions (SBFS) increased 9.00%, driven by higher subscription for QuickBooks Online (up 29.0% year over year) and QuickBooks Enterprise (up 21.0% year over year). Employee Management Solutions revenues were up 21.0%, led by growth in Intuit Online Payroll subscribers. Payment Solutions revenues increased 8.0%, aided by higher volumes in the total card transactions and changes in the fees. Moreover, Small Business Management Solutions (SBMS) revenues grew 15%, primarily driven by 12.0% revenue increase in Employee Management Solutions revenues. Additionally, Online Payroll customers grew 18% and Demandforce subscribers increased 36% on a year-over-year basis. The company's Consumer Tax revenues also increased 11.0% year over year, while revenues from the Professional Tax increased 16% on a year-over-year basis. Revenues from Consumer Tax were driven by higher number of late-season tax filers and additional attached services, while Professional Tax revenues were positively impacted by customer acquisitions and renewals for the forthcoming tax season. Intuit reported a loss of $67 million from continuing operations (including share-based compensation but excluding amortization expenses) which widened from the year-ago loss of $62 million. During the same period of time, the company's total expenses increased 10.4% on a year-over-year basis. Intuit's net loss from continuing operations (including share-based compensation but excluding amortization expenses) came in at $51.5 million or 18 cents per share which was wider than the loss of $40.7 million or 14 cents reported in the year-ago period. Intuit ended the quarter with cash, equivalents and investments of $1.12 billion versus $1.7 billion in the previous quarter. Accounts receivables were $137.0 million compared with $130.0 million in the previous quarter. Long-term debt remained flat sequentially at $499.0 million. Intuit used $190.0 million cash from operating activities. Intuit has announced an accelerated repurchase agreement worth $1.4 billion in addition to the authorized $2.0 billion share repurchase program announced in August. Outlook The company has reiterated the fiscal 2014 outlook. For fiscal 2014, the company expects revenues in the range of $4.440 billion to $4.525 billion, representing 6.0% to 8.0% growth. Non-GAAP operating income is projected in the range of $1.58 billion-$1.61 billion, representing 7.0% to 10.0% growth. Non-GAAP earnings per share are expected between $3.52 and $3.60, reflecting growth of 10.0% to 13.0%. Moreover, the company provided revenue and earnings guidance for the second, third and fourth quarters as well. For the second quarter, Intuit expects revenues in the range of $890 million-$910 million and non-GAAP earnings in the range of 25 cents-27 cents. The company also expects non-GAAP operating income to range between $110 million and $120 million. Intuit expects the third-quarter revenues to be between $2.245 billion and $2.290 billion, while earnings are expected between $3.25 and $3.30 reflecting seasonally strong third-quarter guidance. Fourth-quarter revenues are forecasted in the range of $710 million to $720 million and earnings are expected to range within 11 cents-13 cents. Our Take Intuit is a leading provider of business and financial management solutions to small and medium-sized businesses (SMB), consumers, accounting professionals and financial institutions. The company's recent realignment of its operations is expected to yield long-term positive results. We are positive on Intuit's growing SMB exposure and believe that the strategic acquisitions will continue to support the segment. The higher adoption rate of its cloud-based services and products is another positive factor. Moreover, the company's accelerated share buyback program would aid the bottom line. However, stiff competition from the leading payroll solution provider, Paychex Inc. ( PAYX ), and Automatic Data Processing ( ADP ), seasonality of Intuit's tax business and the ongoing uncertainty in the economy concern us. Currently, Intuit has a Zacks Rank #3 (Hold). Investors may instead consider SanDisk Corp ( SNDK ), which sports a Zacks Rank #1 (Strong Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report SANDISK CORP (SNDK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-11-25,57.2762,57.5653,57.2348,57.3659,"[""Evolving Systems, Inc. (EVOL) Ex-Dividend Date Scheduled for November 26, 2013 E volving Systems, Inc. ( EVOL ) will begin trading ex-dividend on November 26, 2013. A cash dividend payment of $0.1 per share is scheduled to be paid on December 13, 2013. Shareholders who purchased EVOL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -33.33% decrease from the same period a year ago. At the current stock price of $9.96, the dividend yield is 4.02%. The previous trading day's last sale of EVOL was $9.96, representing a -12.17% decrease from the 52 week high of $11.34 and a 85.13% increase over the 52 week low of $5.38. EVOL is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EVOL's current earnings per share, an indicator of a company's profitability, is $.38. Zacks Investment Research reports EVOL's forecasted earnings growth in 2013 as -73%, compared to an industry average of 8.8%. For more information on the declaration, record and payment dates, visit the EVOL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for November 26, 2013 O pen Text Corporation ( OTEX ) will begin trading ex-dividend on November 26, 2013. A cash dividend payment of $0.3 per share is scheduled to be paid on December 20, 2013. Shareholders who purchased OTEX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that OTEX has paid the same dividend. At the current stock price of $83.95, the dividend yield is 1.43%. The previous trading day's last sale of OTEX was $83.95, representing a -3.93% decrease from the 52 week high of $87.38 and a 56.83% increase over the 52 week low of $53.53. OTEX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). OTEX's current earnings per share, an indicator of a company's profitability, is $2.71. Zacks Investment Research reports OTEX's forecasted earnings growth in 2014 as 4.1%, compared to an industry average of 3.6%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-11-26,59.5513,60.0139,57.1342,57.5001,"[""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for November 27, 2013 J ack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on November 27, 2013. A cash dividend payment of $0.2 per share is scheduled to be paid on December 17, 2013. Shareholders who purchased JKHY stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that JKHY has paid the same dividend. At the current stock price of $56.74, the dividend yield is 1.41%. The previous trading day's last sale of JKHY was $56.74, representing a -1.34% decrease from the 52 week high of $57.51 and a 49.71% increase over the 52 week low of $37.90. JKHY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). JKHY's current earnings per share, an indicator of a company's profitability, is $2.13. Zacks Investment Research reports JKHY's forecasted earnings growth in 2014 as 10.37%, compared to an industry average of -6.4%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Workday's Q3 Loss Narrows, Rev Up - Analyst Blog Enterprise cloud applications provider for human resource and finance, Workday Inc. ( WDAY ) reported fiscal third-quarter 2014 loss of 23 cents per share, narrower than the Zacks Consensus Estimate of a loss of 26 cents per share. Quarter Details Revenues surged 76.1% from the year-ago quarter to $127.9 million, which surpassed the Zacks Consensus Estimate of $118.0 million. Subscription revenues (73.5% of revenues) soared 82.1% year over year to $93.9 million in the quarter. Professional revenues (26.5% of revenues) increased 61.3% year over year to $33.9 million. The subscription revenue of the company includes the service provided to more than 550 customers. The professional services business has been able to maximize its customer satisfaction and is therefore a primary revenue growth driver. The new contracts signed have a weighted average duration of approximately 3.4 years. Moreover, the company's focus on aggressively selling its products has paid rich dividends and is reflected in the sales growth of the company. Additionally, the high renewal rates as well as shorter term contracts are beneficial for the company in the long run. Operating expenses rose sharply to $119.7 million from $83.3 million reported in the year-ago quarter due to a 75.8% increase in R&D expense and 65.9% rise in sales & marketing expense, although General & Administrative expense declined 28.1%. As a result of higher operating expenses, Workday reported an operating loss (including share- based compensation) of $40.4 million, narrower than a loss of $40.9 million in the year-ago quarter. Net loss (including stock-based compensation) was $40.9 million or 23 cents per share, up from a loss of $30.1million or 49 cents per share in the year ago period. Cash & cash equivalents and marketable securities were $1.28 billion compared with $1.29 billion in the previous quarter. Cash provided by operating activity during the quarter was $7.1 million. Guidance For fiscal fourth quarter 2014, revenues are expected in the range of $133.0 million to $138.0 million or growth of 63% to 69% compared to the prior year. Subscription revenues are expected to be in the range of $105 million to $108 million, resulting in a year-over-year growth of 76% to 81%. Recommendation Workday reported narrower-than-expected loss in the third quarter of fiscal 2014. We believe that Workday's innovative product pipeline will help it to gain significant footprint in the human resource and finance markets. However, we believe that the company will face serious competition from large established players such as Oracle Corp ( ORCL ), Automatic Data Processing, Inc. ( ADP ) and SAP AG ( SAP ) in both of its operational markets. Currently, Workday has a Zacks Rank #3 (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report SAP AG ADR (SAP): Free Stock Analysis Report WORKDAY INC-A (WDAY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield""]" ADP,2013-11-27,57.4922,57.6431,57.2476,57.5149,"Equifax Partners AVS Systems - Analyst Blog Equifax Inc. ( EFX ) recently announced that it has entered into a partnership with Canada based AVS Systems, a provider of automated registry services. The company's automated platform offers lien management, compliance solutions and data mining services. Through its PPSA Connect web-based portal, AVS technology enables online lien management (registration, notification, renewal, discharges) and lien registry searches (lien searches, corporate verification, corporate registry report, secured party notices). AVS's new offerings namely PPSA Connect and Business Confirm are intended for companies that have an extensive IT infrastructure, which requires a certain level of compliance and enterprise integration. With access to this critical and time sensitive information, businesses are better equipped to meet their needs with greater flexibility and security. We believe that the partnership will help Equifax to penetrate the lien management market going forward. Moreover, the integrated product offering will prevent instances of data breaches and internal fraud, which in turn will enhance user acceptance and satisfaction. Lately, Equifax has been entering into partnerships to expand its product portfolio, which will boost its market share going forward. In September, Equifax signed a deal with iovation to develop a solution to protect against fraud. The solutions will mobile users from theft, account takeover and other deceitful activities. Equifax' focus on product innovation, broadening of data assets through acquisitions and continued share gains in North America are encouraging. We believe Equifax is well positioned to benefit from its leadership in important markets and strength in international markets. Given the company's strong correlation with the consumer and financial markets as well as its U.S. and European exposure, we see a gradual improvement in results. Competition from Fiserv Inc. ( FISV ) and Automatic Data Processing, Inc. ( ADP ) is however a concern. Currently, Equifax has a Zacks Rank #3 (Hold). A better-ranked stock in the technology sector is SanDisk Corp. ( SNDK ) with a Zacks Rank #1 (Strong Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report SANDISK CORP (SNDK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-11-29,57.4083,57.7447,57.2624,57.293, ADP,2013-12-02,57.2417,57.3709,56.8768,56.9695, ADP,2013-12-03,57.5296,57.8649,57.0652,57.5228, ADP,2013-12-04,57.2022,57.3789,56.3748,56.8019,"ADP Numbers Blow Out Expectations - Ahead of Wall Street December 4, 2013 This is Mark Vickery covering for Sheraz Mian, who will be away on business until the second week of December. The private-sector payroll numbers released this morning by ADP ( ADP ) posted a positive surprise for November, and revised October's total upward for good measure. Good news for the economy. If you want to jump ahead and assume it's bad news for the market, just hold your horses, buster. First off, ADP's jobs report of 215,000 jobs created in November blew away expectations of 178,000 -- a 21% positive surprise. And October's relatively paltry 130,000 has been revised up to 184,000, as well. Both Construction and Manufacturing rose by 18K last month, and for Manufacturing it's easily the best performance all year. By size of business, small firms produced the most new jobs: 102K, followed by large businesses: 65K and medium-sized companies: 48K. Professional/Business Services rose by 38K in the month. Good news all around, right? Right! OK, so the Fed may begin tapering sooner than many had been thinking recently, which means support for current market levels may begin to waver, implying a stock sell-off (like the one yesterday over a prolonged period). Keeping one's eyes open for roadblocks is obviously an important thing -- you wouldn't drive your car blindfolded, but no one should really fear not being able to get themselves home. Analysts this morning mentioned they'll be looking for signs of reducing the $85 billion Fed buyback of bonds sometime in Q1-14, but not before. Should Friday's Bureau of Labor Statistics non-farm payroll numbers be 20+% above expectations, perhaps you might expect this rhetoric to amp up a bit. But ultimately, a strengthening economy is the type of tide that raises all boats. Elsewhere, the U.S. trade deficit came pretty much in line with expectations at $40.6 billion. Both imports and exports were up moderately in the month. The previous month (September) was raised to $43 billion. Basically, we still rule, it's holiday season, and trade volumes will begin to dwindle at least until investors need to configure their tax situation for next year. 2013 was likely decent for your portfolio (as it was for ours), and with a strengthening economy for 2014, we expect good things in the new year. Mark Vickery Senior Editor AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-12-05,56.5247,56.9438,56.1312,56.227,"[""Morgan Stanley Initiates Coverage on Automatic Data Processing, Inc. at Equal-weight, Announces $82.00 PT"", ""Benzinga's Top Initiations"", ""UPDATE: Morgan Stanley Initiates Coverage on Automatic Data Processing as Preference at Current Valuation"", ""UPDATE: Morgan Stanley Initiates Coverage on Automatic Data Processing as Preference at Current Valuation"", ""Benzinga's Top Initiations"", ""Morgan Stanley Initiates Coverage on Automatic Data Processing, Inc. at Equal-weight, Announces $82.00 PT"", ""Stock Downgrades: Oil's Not Well at Exxon Spooked by the Fed's fast-approaching tapir - best known for its prodigious schnozzle - US stock markets once again failed to pass the smell test. Although, as fertilizer firm CF Industries ( CF ) topped the entire S&P 500 Index (INDEXSP:.INX) with its 10.68% surge, that may be just as well. \"" Love Stinks \"" was riding high in the charts in May 1980, and yesterday new-home sales saw their steepest increase since that distant month. This, along with robust private-sector job growth announced by Automatic Data Processing ( ADP ), is what had good-news-is-bad-news Wall Street so concerned. Incidentally, ADP's passwords were just brutally compromised . These permutations really are far too easy for a hack to crack, invariably being an easily-guessable variation on the name of your significant other or sports team. (Although, admittedly, for the really life-or-death stuff like the Nuclear Launch Code, they tend to be utterly impenetrable, like \""00000000\"" ). Among stocks in the news, an iconic tech firm from Ontario, lately having fallen on hard times, tumbled another 2.54%. This after Reuters ran a headline informing us \"" BlackBerry ( BBRY ) is 'here to stay', interim CEO tells customers.\"" Surely the immediate proximity of words five and six in that sentence are a little ironic, no? Even Ottawa's own Alanis Morissette - whose \""Ironic\"" was notably irony-free - can see that. In terms of economic events that may move US markets today, at 10:00 a.m. Eastern consensus calls for a fall in October factory orders. Regarding specific stocks, Conn's ( CONN ), Dollar General ( DG ), Finisar (FNSR), Jos A Bank (JOSB), Kroger (KR), Pacific Sunwear of California (PSUN), Royal Bank of Canada (RY), Smithfield Foods (NYSE:SFD), Toronto-Dominion Bank (TD), Ulta Salon (ULTA), and Zumiez (ZUMZ) are all due to release quarterly results. Alkermes (NASDAQ:): Shares are now Neutral from Buy at UBS. Citigroup (C): A second downgrade in as many days for the firm, today taken to Hold from Buy at Deutsche Bank. Clear Channel Outdoor Holdings (CCO): B. Riley reduces its rating to Sell from Neutral. Exxon Mobil (XOM): Exxon Mobil stock gets taken to Outperform from Strong Buy at Raymond James. Exxon Mobil is a member of the Dow. J.M. Smucker (SJM): Peanut-butter powerhouse J.M. Smucker stock is moved to Underperform from Market Perform with Wells Fargo. Morgan Stanley (MS): Deutsche slashes the stock of its fellow financial firm Morgan Stanley to Hold from Buy. Tesco (OTCMKTS:TSCDY): The British grocer gets downgraded to Hold from Buy at Panmure. Tumi Holdings (TUMI): Goldman Sachs takes the luxury luggage stock off of its Conviction Buy list. (See also: New Stock Coverage: Oracle Is as Happy as Larry and Stock Upgrades: Tiffany Running Rings Around the Competition ) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""More Eyebrow-Raising Good News - Ahead of Wall Street December 5, 2013 This is Mark Vickery covering for Sheraz Mian, who will be away on business until the second week of December. Revised GDP numbers for Q3 came out this morning, as did new jobless claims -- both reports were impressively good for the U.S. economy. Gross Domestic Product for the quarter was revised up to 3.6% from 2.8% to the largest quarterly figure since Q1 of 2012. Jobless claims ticked back under 300K for only the second time in recent memory, indicating the possibility of a new, lower range being established. Of course, this ratchets up talk about Fed tapering starting sooner than later. It's medicine we're going to have to take eventually, and will mark a longer-term positive economic development, but the markets see the \""free-lunch\"" aspect of Fed bond buybacks as a near-term negative. Meanwhile, the yield on the 10-year note is climbing, and has been since yesterday's impressive ADP ( ADP ) private sector jobs report. The range between the 2-year and 10-year is now the widest it's been since July 2011. Tomorrow's Bureau of Labor Statistics (BLS) non-farm payroll report is the main course this week, however. And if the narrative from these early economic markers this week holds, we should see another impressive development in U.S. employment statistics -- significantly above 200K would surely be a signal that economic growth has begun to gain traction, and also that \""taper talk\"" will begin to accelerate. Now, because it is the holiday season, jobs news -- especially in retail and other services, like package delivery -- always picks up. Also consider that much of what we've seen with these positive numbers in employment and economic growth are merely filling the void from the setbacks of the federal government shutdown earlier this fall. But if anything, this is proof that it's hard to keep our giant economy down for long. Moving into top-ranked stocks ought to be a good course of action for investors looking to endure the current \""good news is bad news\"" scenario. Mark Vickery Senior Editor AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for December 06, 2013 C SG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on December 06, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on December 20, 2013. Shareholders who purchased CSGS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CSGS has paid the same dividend. At the current stock price of $28.83, the dividend yield is 2.08%. The previous trading day's last sale of CSGS was $28.83, representing a -1% decrease from the 52 week high of $29.12 and a 62.42% increase over the 52 week low of $17.75. CSGS is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSGS's current earnings per share, an indicator of a company's profitability, is $1.78. Zacks Investment Research reports CSGS's forecasted earnings growth in 2013 as -11.54%, compared to an industry average of 2.5%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CSGS through an Exchange Traded Fund [ETF]? The following ETF(s) have CSGS as a top-10 holding: SPDR S&P Software & Services ETF ( XSW ). The top-performing ETF of this group is XSW with an increase of 11.56% over the last 100 days. It also has the highest percent weighting of CSGS at 0.72%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for December 5, 2013 - Market News The Dow and S&P 500 extended their losing streak into a fourth successive day as strong private sector labor data intensified apprehensions that the Federal Reserve would soon begin trimming its economic stimulus package. Stocks traded lower for most of the session before make up for some losses ahead of the closing bell. The prevailing mood of uncertainty meant that there was little trading action as investors await key nonfarm payroll data to be released on Friday. The materials sector was the biggest gainer among the S&P 500 industry groups while industrials lost the most. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) lost about 0.2% to close the day at 15889.77. The S&P 500 declined 0.1% to finish yesterday's trading session at 1792.81. The tech-laden Nasdaq Composite Index increased 0.02% to end at 4038.00. The fear-gauge CBOE Volatility Index (VIX) rose 1.0% to settle at 14.70. Consolidated volumes on the New York Stock Exchange, American Stock Exchange and Nasdaq were roughly 6.3 billion shares. Declining stocks outnumbered the advancers. For 60% shares that declined, only 37% advanced. Many market watchers were expecting the Federal Reserve to start tapering its stimulus program by March next year. On the contrary, the encouraging nature of recently released economic reports has given rise to the view that tapering may happen sooner rather than later. Strong employment data from Automatic Data Processing, Inc. (NASDAQ: ADP ) brought little cheer to the markets. Numbers were on the brighter side with private sector job additions increasing beyond 200K for the first time in about 12 months. However, instead of improving sentiment the report intensified apprehensions that the central bank would reduce bond purchases sooner than expected. According to the National Employment Report, the U.S. nonfarm private sector employment added 215,000 jobs in November. This was higher than the expected increase of 173,000 jobs. Small business added 102,000 jobs, medium business added 48,000 jobs and 65,000 additions were made by large business. November's numbers come after two consecutive months of job gains of 185,000 each. Separately, the U.S. Census Bureau and the Department of Housing and Urban Development reported that sales of single homes increased to 444,000, up 25.4% from September's revised figure of 354,000. This was also above the consensus estimate of 425,000. The ISM non-manufacturing index came in at 53.9% for November. This is 1.5% lower than October's reading of 55.4%. This was also below the consensus estimate of 55.8%. The Non-Manufacturing Business Activity Index decreased to 55.5%, while the new orders index decreased marginally, by 0.4%, to 56.4%. The Employment Index also decreased 3.7% to 52.5%. Separately, the Federal Reserve's Beige Book noted that the U.S. economy continued to expand at a modest to moderate pace starting from early October through the mid-November. Seven districts reported moderate growth while four cities cited modest growth. Expansion in manufacturing activity continued in most districts due to gains in from motor-vehicles and high-technology sectors. Additionally, demand for professional business services has ranged from stable to moderate, primarily for computer technologies. Retail spending reports were positive. Looking ahead toward the holiday shopping season, retailers are hopeful and cautious at the same time. The materials sector was the biggest gainer among the S&P 500 industry groups on Wednesday. The Materials SPDR (XLB) gained 0.5%. Stocks such as Monsanto Company (NYSE: MON ), The Dow Chemical Company (NYSE: DOW ), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX ), PPG Industries, Inc. (NYSE: PPG ), and Air Products & Chemicals, Inc. (NYSE: APD ) increased 0.5%, 0.4%, 0.9%, 0.7% and 0.3%, respectively. The industrials sector was the biggest loser among the S&P 500 industry groups on Wednesday. The Industrials SPDR (XLI) lost 0.4%. Stocks such as United Technologies Corporation (NYSE: UTX ), The Boeing Company (NYSE: BA ), 3M Co (NYSE: MMM ), Union Pacific Corporation (NYSE: UNP ), and United Parcel Service, Inc. (NYSE: UPS ) decreased 0.7%, 0.4%, 0.1%, 0.7% and 0.2%, respectively. AUTOMATIC DATA (ADP): Free Stock Analysis Report AIR PRODS & CHE (APD): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report DOW CHEMICAL (DOW): Free Stock Analysis Report FREEPT MC COP-B (FCX): Free Stock Analysis Report 3M CO (MMM): Free Stock Analysis Report MONSANTO CO-NEW (MON): Free Stock Analysis Report PPG INDS INC (PPG): Free Stock Analysis Report UNION PAC CORP (UNP): Free Stock Analysis Report UTD PARCEL SRVC (UPS): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mentor Graphics Corporation (MENT) Ex-Dividend Date Scheduled for December 06, 2013 M entor Graphics Corporation ( MENT ) will begin trading ex-dividend on December 06, 2013. A cash dividend payment of $0.045 per share is scheduled to be paid on January 02, 2014. Shareholders who purchased MENT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MENT has paid the same dividend. At the current stock price of $22.24, the dividend yield is .81%. The previous trading day's last sale of MENT was $22.24, representing a -6.44% decrease from the 52 week high of $23.77 and a 68.36% increase over the 52 week low of $13.21. MENT is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). MENT's current earnings per share, an indicator of a company's profitability, is $.91. Zacks Investment Research reports MENT's forecasted earnings growth in 2014 as -13.05%, compared to an industry average of -8.8%. For more information on the declaration, record and payment dates, visit the MENT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: Morgan Stanley Initiates Coverage on Automatic Data Processing as Preference at Current Valuation"", ""Benzinga's Top Initiations"", ""Morgan Stanley Initiates Coverage on Automatic Data Processing, Inc. at Equal-weight, Announces $82.00 PT"", ""\u2018Made in the U.S.A.\u2019 is a money-making investment idea Commentary: America\u2019s manufacturing revival favors industrial stocks, ETFs U.S. manufacturers are enjoying a 21st-century renaissance that is riveting stock investors to industrial companies, and many analysts predict this \u201cMade in the U.S.A.\u201d theme could be a winner in 2014, writes Jonathan Burton.""]" ADP,2013-12-06,56.8847,57.1135,56.6559,57.0355,"Cyber Security: A Top Concern - Analyst Blog Cyber security has emerged as one of the hottest growth sectors over the last 12 months. As enterprises, government agencies, banks and video game companies continue to be plagued by cyber attacks, online security has become a major concern for all. According to a recent report from cyber security firm Trustwave, since Oct 21, 2013 till date, hackers have gained access to data of almost 1.6 million accounts from different websites globally. The affected sites include Facebook ( FB ), Google ( GOOG ), Twitter ( TWTR ), Yahoo ( YHOO ), LinkedIn ( LNKD ) and ADP ( ADP ). It is significant to note that most of the attacks were targeted toward social media websites which generally maintain a huge database of user details. Per the Trustwave report, Facebook was the worst affected website, with thefts of 318,121 passwords. Although ADP was the least affected (7.978 passwords stolen), the firm noted that the theft of payroll services accounts detail can have serious financial implications. In response to the breach, Facebook has already advised its users to activate login approvals and login notifications in their security settings. However, the recent breach has not only put current cyber security solutions under scanner, but also the habit of using a simplistic password that can be easily guessed. We believe that strict vigilance from all sectors is the need of the hour. Efforts to improve coordination within the private sector are also increasing. Additionally, training and education on security matters are equally important to develop a preventive mechanism against cyber attacks. Amid the growing number of cyber attacks, corporations and companies are looking for stricter and more stringent cyber security measures to plug the loopholes in the system. While new security solutions may not be the permanent answer to the hacking problem, it will serve as a first step to solving this complex problem. Most significantly, spending on developing cyber security solutions is expected to continue to rise. According to ABI Research, global cyber security spending in critical infrastructure areas is expected to increase $4.25 billion over 2012 to $46.0 billion in 2013. Further, as per a research conducted by ReportsnReports.com, global cyber security spending is expected to reach $165.0 million by 2023. We believe that this increasing spending will encourage companies such as EMC Corp, Akamai ( AKAM ) and CheckPoint Software ( CHKP ) to develop new solutions, in turn driving their top-line growth, going forward. Both, Akamai and CheckPoint carries a Zacks Rank #3 (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report AKAMAI TECH (AKAM): Free Stock Analysis Report CHECK PT SOFTW (CHKP): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report GOOGLE INC-CL A (GOOG): Free Stock Analysis Report LINKEDIN CORP-A (LNKD): Free Stock Analysis Report TWITTER INC (TWTR): Free Stock Analysis Report YAHOO! INC (YHOO): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-12-09,57.0622,57.1135,56.2496,56.5691,"To Taper or Not To Taper... - Ahead of Wall Street December 9, 2013 This is Mark Vickery covering for Sheraz Mian, who will be away on business until later this week. To taper or not to taper… that is indeed the question. Matter of fact, it has been for some time now. Consider all the economic good news that's come out over the past couple weeks and compare that to the aggressive sell-off in equities of late, and you'll see that ""taper-phobia"" is real. That it probably shouldn't be -- and that we've by now beaten this war-horse to near-death -- is rather beside the point. We also may be beginning to embark on a new, somewhat dangerous, period of ""newslessness"" -- where we exist in limbo between initial holiday retail sales from Black Friday to ADP ( ADP ) and non-farm payroll reports from last week to portfolio adjustments at the end of the year. Low volume activity in the market may overly inflate the importance of what happens within times like these. Thank goodness for the Fed, then. Certainly the possibility in the next couple weeks of tapering the $85 billion bond buybacks per month will be like taking the training wheels off the bike -- which may lead to a trading tantrum or two (just make sure to wear your helmet) -- but ultimately coming to a long-term resolution regarding this temporary economic assistance will not only be a good thing for the U.S. economy, but will be a positive from the perspective of removing doubt and guesswork from the market. Look no further than the major punitive payouts from our major banks like JPMorgan ( JPM ) for comparison. Sure, billions of dollars in outlays are finally taking place, but at least this allows the accounting of other business to move forward without so many question marks attached. This leads limiting uncertainty, which leads to a stronger trading environment. Elsewhere, food distributor Sysco ( SYY ) has agreed to purchase U.S. Food for $300 million in stock and $500 million in cash. Analysts are reporting this is a strong move for Sysco to maintain its lead in the industry by buying out one of their main competitors (to say nothing of the benefits to be garnered by ubiquitous financier Kohlberg Kravis Roberts [ KKR ]), and SYY stock in the pre-market is trading up more than $9 per share. Mark Vickery Senior Editor AUTOMATIC DATA (ADP): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report KKR & CO LP (KKR): Free Stock Analysis Report SYSCO CORP (SYY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-12-10,56.4645,56.6006,56.1017,56.212, ADP,2013-12-11,56.4094,56.5888,55.6194,55.7781,"Computer Task Group, Incorporated (CTG) Ex-Dividend Date Scheduled for December 12, 2013 C omputer Task Group, Incorporated ( CTG ) will begin trading ex-dividend on December 12, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on January 02, 2014. Shareholders who purchased CTG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CTG has paid the same dividend. At the current stock price of $17.97, the dividend yield is 1.11%. The previous trading day's last sale of CTG was $17.97, representing a -31.18% decrease from the 52 week high of $26.11 and a 15.86% increase over the 52 week low of $15.51. CTG is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CTG's current earnings per share, an indicator of a company's profitability, is $1. Zacks Investment Research reports CTG's forecasted earnings growth in 2013 as 5.68%, compared to an industry average of 18.1%. For more information on the declaration, record and payment dates, visit the CTG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-12-12,55.7516,56.0129,55.5425,55.578, ADP,2013-12-13,56.0266,56.0266,55.4567,55.4852,"Retail Sales Up -- Should the Fed Taper? - Analyst Blog Is the economy well settled on its growth trajectory? Well, for now it seems so as the latest retail sales data released by the U.S. Department of Commerce validates this. Renewed consumer confidence and the festive mood were well reflected in the November retail sales number that rose 0.7%, led by surge in auto sales. The gain, which is the most since Jun 2013, followed a 0.6% rise witnessed in October; thus removing the cloud of obscurity about economic growth. However, excluding auto sales, retail sales climbed 0.4%. Auto sales increased 1.8% in November, the highest in six months. A recovery in the housing market, surging stock portfolios, strengthening manufacturing sector and improving labor market condition are playing vital roles to help the consumer confidence move north and propelling economic recovery. Consumer confidence is a key determinant for the economy's health with consumer spending accounting for over two-third of the U.S. economic activity. The preliminary data for December released by University of Michigan and Thomson Reuters showed that consumer-sentiment index jumped to 82.5 from November's reading of 75.1 buoyed by improving fundamentals. What is inspiring consumer spending is the improving job prospects, with unemployment rate declining to a five-year low of 7% in November. Further boosting sentiment was the total non-farm payroll data that said employment grew 203,000 in November, higher than the consensus estimate of 182,000. National Employment Report released by Automatic Data Processing ( ADP ) stated that the U.S. nonfarm private sector employment added 215,000 jobs, higher than the expected increase of 173,000 jobs, and crossed 200K for the first time in 12 months. However, the latest report from Labor Department may be troublesome for investors that indicated initial claims for jobless aid has risen 68,000 to 368,000. But there are more positives prevailing in the economy to offset this. The strong November retail sales data hints of a healthy holiday season ahead and talks about regained consumer confidence that was battered by higher payroll taxes, recent political tussle and the 16-day partial U.S. government shutdown. So far this year, the broader markets have showcased signs of a better pace of recovery and have thus infused hopes of a better economic scenario going forward. Though this statement is debatable, the significant recovery in the stock market is reflected through strong gains for the broader market indices. S&P 500 has clocked gains of roughly 21.4%, while Dow Jones Industrial Average has advanced approximately 17.3% so far this year. The Nasdaq Composite Index has increased 28.5% year-to-date. Now with improving economic prospects, the question arises, ""ShouldFederal Reserve start tapering its $85 billion monthly stimulus program that was initiated to keep interest rates low and boost economic growth?"" Fed Officials in the past have been hinting of gradual roll back of the stimulus package in case the economy shows signs of recovery. With encouraging economic numbers coming out of late, chances of tapering look a near possibility. Market watchers had previously anticipated that the Federal Reserve would begin tapering its stimulus program early next year. Such expectations were strengthened following earlier announcements that it would reduce its bond purchases only when certain economic indicators reached desired levels. This included a significant decline in the unemployment rate. The nonfarm payrolls report supports expectations that the economy has recovered to the point where it can withstand reductions in Fed bond purchases. After going through the above facts, a sense of optimism comes in our mind. It looks like the economy is now steadily making its way out of the woods, and we hope the arrival of Christmas will shed consumers' apprehension and drive demand. If everything goes well and consumer confidence further rises with improving economy, then we could see a spur in demand with willingness to shell out more this holiday season - bringing cheers to retailers such as Macy's, Inc. ( M ), Kohl's Corp. ( KSS ), J. C. Penney Company, Inc. ( JCP ), Nordstrom Inc. ( JWN ), L Brands,Inc. ( LB ), TheGap, Inc. ( GPS ), The Buckle, Inc. ( BKE ), Ross Stores Inc. ( ROST ), Wal-Mart Stores Inc. ( WMT ), and others. AUTOMATIC DATA (ADP): Free Stock Analysis Report BUCKLE INC (BKE): Free Stock Analysis Report GAP INC (GPS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report ROSS STORES (ROST): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-12-16,55.8532,56.1706,55.6037,55.8412,"3 Retail Stocks Before the Fed Starts Tapering - Analyst Blog Market analysts are speculating that the Federal Reserve may consider tapering its $85 billion monthly stimulus program at the FOMC meeting on Dec 17 & 18. The program was initiated to keep interest rates low and boost economic growth. Now, with the recovery in the housing market, surging stock portfolios, a strengthening manufacturing sector and improving labor market conditions, the central bank may begin scaling down the bond buying campaign. However, some market watchers still believe that the Fed may not be in a rush to pull back the QE3 program; instead they could wait until the economy gives more constructive and convincing signs. Moreover, they also argue that absence of inflationary pressure may provide Fed officials a reason to continue with the stimulus program. The Fed aims to bring the inflation rate at 2% to stimulate economic growth, as chances of deflation lower the incentives. Fed Chairman Ben Bernanke had earlier indicated that easing of monetary stimulus will happen only after taking into account job conditions, inflation and economic growth. Recent positive economic data has intensified the debate whether the Fed should go for a gradual roll back of stimulus now or wait until next year. But one thing officials have been trying to convince investors that even if the tapering is initiated, they would try to keep the interest rates near zero until the unemployment rate drops below 6.5%. Looking at the favorable economic numbers, let's start with consumer confidence. The preliminary data for December, released by University of Michigan and Thomson Reuters, showed that the consumer-sentiment index jumped to 82.5 from November's reading of 75.1, buoyed by improving fundamentals. Consumer confidence is a key determinant for the economy's health with consumer spending accounting for over two-thirds of the U.S. economic activity. What is inspiring consumer spending is the improving job prospects, with the unemployment rate declining to a five-year low of 7% in November. Further boosting sentiment was the total non-farm payroll data that said employment grew 203,000 in November, higher than the consensus estimate of 182,000. The National Employment Report released by Automatic Data Processing ( ADP ) stated that the U.S. nonfarm private sector employment added 215,000 jobs, higher than the expected increase of 173,000 jobs. The latest to add in the streak of encouraging economic indicators is the retail sales data released by the U.S. Department of Commerce that highlights renewed consumer confidence leading to a 0.7% jump in November retail sales. The gain, which is the most since Jun 2013, followed a 0.6% rise witnessed in October, thus removing the cloud of obscurity about economic growth. Third quarter gross domestic product (GDP) grew at an annualized rate of 3.6%. Market seems to have a mixed reaction at the end of last week's trading session over the Fed's decision regarding the stimulus program. The Dow Jones Industrial Average gained 15.93 points (or 0.10%) to close at 15,755.36. The Standard & Poor's 500 Index shed 0.18 points (or 0.01%) to finish the trading session at 1,775.32. The Nasdaq Composite Index rose 2.57 points (or 0.06%) to end at 4,000.98. As of now it is very difficult to predict the outcome of the final meeting on this brainstorming issue, but for now we can focus on 3 retail stocks that look strong amid the current scenario. Here are three stocks that you can capitalize on and enrich your portfolio: We suggest investing in Hanesbrands Inc. ( HBI ), a designer and manufacturer of basic apparel in the United States. Shares of this Zacks Rank #1 (Strong Buy) trades at a forward P/E (price-to-earnings) of 17.58x, a marginal discount of 2% to the peer group average of 17.93x, and have amassed a year-to-date return of 90.7%.This Winston-Salem, NC-based company had registered an average positive earnings surprise of 10.2% over the trailing four quarters, and has a long-term earnings expectation of 15.6% that makes it look attractive. G-III Apparel Group, Ltd. ( GIII ), a manufacturer and marketer of women's and men's apparel, is another stock to bet on. This Zacks Rank #1 (Strong buy) stock has amassed a year-to-date return of 95.1% and is expected to witness earnings growth of 15.9% in fiscal 2013 and 80% in fiscal 2014. The company's long-term estimated EPS growth rate is 16.5%, higher than the peer group average of 13.8%. Shares of this New York-based company trades at a forward P/E of 18.35x, a discount of 16.9% to the peer group average of 22.07x. The company had registered an average positive earnings surprise of 96.6% over the trailing four quarters. Another stock that investors may look forward to is Tiffany & Co. ( TIF ), the renowned jewelry maker. This Zacks Rank #2 (Buy) stock has amassed a year-to-date return of roughly 53.6%, and is expected to witness earnings growth of 10.3% in fiscal 2013 and 11.8% in fiscal 2014. Though the stock looks a bit pricey with a P/E multiple of 23.57x, it should not disappoint investors given the company's long-term expected earnings growth of 13.5%. This New York-based company had registered an average positive earnings surprise of 18.1% over the trailing four quarters. We believe that the above stocks that boast strong fundamentals and growth prospects are capable of satisfying investors' search for market winners. As the economy awaits the Fed's decision, a sneak peek into the space for some possible outperformers backed by a favorable Zacks Rank could be handy for investors. AUTOMATIC DATA (ADP): Free Stock Analysis Report G-III APPAREL (GIII): Free Stock Analysis Report HANESBRANDS INC (HBI): Free Stock Analysis Report TIFFANY & CO (TIF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-12-17,55.3275,55.8462,55.1962,55.6499,"Is Paychex (PAYX) Poised to Beat Earnings Estimates? - Analyst Blog Payroll and human resource solutions provider, Paychex Inc. ( PAYX ), is set to report fiscal second-quarter 2014 results on Dec 18, 2013, after market close. Last quarter, it posted a positive earnings surprise of 2.33%. Let us see how things are shaping up for this announcement. Factors This Past Quarter Paychex, Inc. is a provider of payroll and human resource (HR) outsourcing services for small and medium-sized businesses (SMBs). Its offerings include comprehensive payroll services, including payroll processing, payroll tax administration and employee pay services. We remain encouraged by the company's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives through joint ventures and acquisitions should bode well for its long-term growth strategy. Product launches are also expected to provide additional support. Moreover, Paychex's focus on SMBs looking for HR solutions could provide the company with opportunities. However, unfavorable interest rates and stiff competition from Automatic Data Processing ( ADP ) and Insperity ( NSP ) remain the possible headwinds for the company. Earnings Whispers? Our proven model does not conclusively show that Paychex is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate currently stands at 42 cents. Thus, the ESP is 0.00%. Zacks Rank: Paychex carries a Zacks Rank #2 (Buy) but a positive ESP would have made us confident about an earnings beat. We caution against stocks with Zacks Ranks #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum. Another company that you may want to consider as our model shows that it has the right combination of elements to post an earnings beat in the imminent future is: Winnebago Industries Inc. ( WGO ), with Earnings ESP of +10.26% and a Zacks Rank #1 (Strong Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report WINNEBAGO (WGO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-12-18,55.9892,57.0198,55.5573,56.9744, ADP,2013-12-19,57.1648,57.5238,56.8186,57.2209,"Paychex's Q2 Earnings Beat Estimates - Analyst Blog Paychex Inc. ( PAYX ) reported earnings per share of 43 cents in the second quarter of 2014, which was a cent ahead of the Zacks Consensus Estimate of 42 cents per share. On a year-over-year basis, reported earnings per share increased 6.7%. Revenues Paychex reported total revenue (including Interest on funds held for clients) of $610.5 million for the quarter which not only increased 7.2% from the year-ago period but also came ahead of the Zacks Consensus Estimate of $599.0 million. Excluding Interest on funds held for clients (remained flat on a year-over-year basis), revenues from Payroll service and Human Resource Services increased 7.4% from the year-ago quarter to $600.5 million. Payroll Service segment revenues increased 4.9% from the year-ago period to $395.7 million primarily driven by higher checks per payroll and revenue per check. Checks per payroll increased 1.6% from the year-ago quarter. The company witnessed modest growth in revenue per check positively impacted by price increases, which was partially offset by discounting. Paychex's product adoption also increased. Buoyed by growth in client base in the retirement services, HR Solutions and eServices products, Paychex's Human Resource Services segment generated revenues of $204.8 million, which increased 12.3% from the year-ago quarter. Operating Results Paychex's total expenses increased 6.6% from the year-ago quarter to $361.9 million, primarily due to compensation-related expenses. Moreover, higher expenses related to investment in product development and supporting technology and higher sales-related costs played were also responsible for the rise in expenses. Nonetheless, total expenses as a percentage of total revenue decreased 33 basis points on a year-over-year basis due to higher revenue base. Paychex reported operating income of $248.6 million, up 8.1% from the year-ago period, attributable to modest revenue growth supported by better cost management and capacity utilization. Operating margin was 40.7% versus 40.4% in the year-ago quarter. Excluding Interest on funds held for clients, Paychex's operating income came in at $238.6 million or 39.7% of total services revenue which increased from $220.0 million or 39.3% of total services revenue. Net income for Paychex increased 7.3% from the year-ago quarter to $158.7 million or 43 cents per share. Balance Sheet & Cash Flow Paychex exited the quarter with cash and cash equivalents of $213.0 million versus $111.6 million at the end of the previous quarter. Corporate investments were $250.4 million compared with $447.6 million in the previous quarter. Additionally, Interest on funds held for clients remained flat year over year at $10.0 million as a result of higher average investment balances which more than offset the lower average interest rates earned. Paychex has no long-term debt. During the second quarter, Paychex repurchased 1.9 million shares for approximately $75.2 million. Guidance Paychex reiterated its outlook for fiscal 2014. Management expects 3%-4% increase in Payroll Service revenues from the year-ago period. Human Resource Services revenues are expected to increase in the range of 10.0% to 11.0%. Total service revenue is expected to increase in the range of 5%-6%. Interest on funds held for clients and investment income for fiscal 2014 are expected to be affected by the low interest rate. However, investment of cash generated from operations is expected to persist, thus increasing investment income. Net operating income as a percentage of service revenues is expected to be 38.0% for fiscal 2014. The effective income tax rate for fiscal 2014 is expected to be in the range of 36%-37%. Net income is expected to grow 8% to 9%. Our Take Paychex reported better-than-expected second-quarter results primarily boosted by modest revenue growth and margin expansion. Moreover, Paychex's reiteration of its fiscal 2014 outlook signifies that it is relatively well-paced in contrast to the current macroeconomic sluggishness. Moreover, we remain encouraged by management's positive commentary regarding continued investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives through joint ventures and acquisitions should bode well for its long-term growth strategy. Product launches are also expected to provide additional support. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide the company with opportunities. However, unfavorable interest rates and stiff competition from Automatic Data Processing ( ADP ) and Insperity ( NSP ) remain the possible headwinds for the company. Currently, Paychex has a Zacks Rank #2 (Buy). Investors can also consider Micron Technology ( MU ), which carries a Zacks Rank #1 (Strong Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report MICRON TECH (MU): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-12-20,57.2131,57.8038,56.8956,57.6086, ADP,2013-12-23,57.8542,57.9183,57.429,57.5907,"CSP Inc. (CSPI) Ex-Dividend Date Scheduled for December 24, 2013 C SP Inc. ( CSPI ) will begin trading ex-dividend on December 24, 2013. A cash dividend payment of $0.1 per share is scheduled to be paid on January 07, 2014. Shareholders who purchased CSPI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CSPI has paid the same dividend. At the current stock price of $8.21, the dividend yield is 4.87%. The previous trading day's last sale of CSPI was $8.21, representing a -12.94% decrease from the 52 week high of $9.43 and a 61.29% increase over the 52 week low of $5.09. CSPI is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSPI's current earnings per share, an indicator of a company's profitability, is $.1. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-12-24,57.4734,57.8393,57.3432,57.7901,"[""Portfolio Manager David Miller and His Insider Buys Stock Picks Over the past week Portfolio Manager David Miller had an interview with Barron's where he discussed his stock picks. David Miller and his fund, Catalyst Funds, like to watch the corporate executives of a company. Miller is so confident in his approach that he created several funds based on watching insiders that are bullish on their own stocks. One of Miller's funds is the Catalyst Insider Buying Fund ( INSAX ), which is a large-cap fund that looks for big name companies where insiders are buying. Miller claims that this strategy of investing came from his University of Michigan professor, Nejat Seyhun, who is an expert on insider activity as an indicator of stock performance. Even though with the market this past year, there have been significantly more insiders selling than buying Miller's funds continue to thrive. Miller's fund has returned 36.68% over the past year, compared to the S&P 500's 27.19%. Since the fund's inception in 2011, it has returned an annualized 21.05%. The following companies are the insider stock picks of David Miller: \""The length of time we hold a stock is determined on whether or not insiders are buying. If they sell, we'll get out, and if they buy we'll continue to stay long. Some long-held positions are Valeant Pharmaceuticals ( VRX ), Illinois Tool Works ( ITW ), Freeport McMoRan, Apache, Starbucks, Kinder Morgan, Automatic Data Processing ( ADP ), KeyCorp ( KEY ), Weyerhaeuser ( WY ).\"" Kinder Morgan ( KMI ) \""Consider Kinder Morgan, where four insiders collectively bought over $50 million recently\u2026 Richard Kinder's purchases exemplified his thought that the stock was undervalued-it was trading down at about $35 a share. It is still trading pretty cheap, and it has a big dividend.\"" Insider Trading Activity: Insider Trading Volume: Most recently Kinder Morgan Chairman and CEO Richard Kinder added 828,324 shares to his stake in the company. He bought these shares at $33.37 per share for a total transaction amount of $27,641,172. Since his buy the price per share has jumped back up approximately 5.54%. Richard Kinder now holds on to over 242.7 million shares of Kinder Morgan stock. Insider buying has increased for the company since the price has dwindled down from its previous 10-year highs. Kinder Morgan is engaged as the energy transportation and storage companies in North America. Kinder Morgan is the largest midstream and the third largest energy company (based on combined enterprise value) in North America. Kinder Morgan's historical revenue and net income: The analysis on Kinder Morgan reports that the revenue has been in decline over the past three years, it has issued $4.8 billion in debt over the past three years and the dividend yield is nearing a three-year high. The analysis on Kinder Morgan reports that the revenue has been in decline over the past three years, it has issued $4.8 billion in debt over the past three years and the dividend yield is nearing a three-year high. The company recently announced that its collaborative project with Valero Energy ( VLO ) is now fully operational and is transporting petroleum products from refineries in Louisiana to Mississippi. The company recently announced its financial expectations for 2014 which reports the company's expectations to: Generate approximately $6.4 billion in business segment earnings before DDA, an increase of about $750 million over the 2013 forecast. Distribute over $2.5 billion to its limited partners. Invest approximately $3.6 billion in expansions and small acquisitions. Almost $720 million of the equity required for the investment program is expected to be funded by KMR share dividends. Kinder Morgan has a market cap of $36.76 billion. Its shares are currently trading at around $35.49 with a P/E ratio of 39.50, a P/S ratio of 3.96 and a P/B ratio of 2.80. The dividend yield of Kinder Morgan stock is 4.40%. Apache ( APA ) \""Apache has also had some nice purchases\u2026The thing that got us into it was a purchase by two directors at the firm.\"" Insider Trading Activity: Insider Trading Volume: Most recently Director John Lowe added 1,000 shares to his holdings on Dec. 12. He added these shares at $86.04 per share for a total transaction amount of $86,040. Since his buy the price per share has gone up approximately 0.43%. Lowe now holds on to 4,434 shares of the company's stock. Apache stock has a strong history of insider activity. The company's executives are consistently buying and selling shares of their stake. Apache Corp. is an independent energy company that explores, develops and produces natural gas, crude oil and natural gas liquids. It has exploration and production interests in six countries, divided into seven operating regions: the U.S., Canada, Egypt, Australia, the U.K. in the North Sea and Argentina. Apache's historical revenue and net income: The analysis on Apache reports that the company's price is nearing a one-year high, the company has issued $6.1 billion over the past three years, the revenue has slowed down over the past year and its operating margin is expanding. The analysis on Apache reports that the company's price is nearing a one-year high, the company has issued $6.1 billion over the past three years, the revenue has slowed down over the past year and its operating margin is expanding. The Peter Lynch Chart suggests that the company is currently undervalued : Apache has a market cap of $34.32 billion. Its shares are currently trading at around $85.96 with a P/E ratio of 12.80, a P/S ratio of 2.10 and a P/B ratio of 1.00. Apache had an annual average earnings growth of 12.5% over the past 10 years. GuruFocus rated Apache the business predictability rank of 2.5-star. Freeport McMoRan Copper & Gold (FCX) \""If you look at their activity, there was a $66 million purchase by the vice chairman of the board, a $29.2 million purchase done by a director, a $28.5 million purchase by the chairman, and purchases by other directors as well.\"" Insider Trading Activity: Insider Trading Volume: Most recently there was insider buying for the company reported from several directors at the beginning of November and close of October. Both Advisory Director Bennett Johnston and Vice Chairman James Flores made notable buys at this time. The two brought in a combined 1,538,900 shares during this period. To see more insider activity for Freeport McMoRan, click here. The company deals in the mining of copper, gold and molybdenum. Its portfolio of assets includes the Grasberg minerals district in Indonesia, significant mining operations in North and South America, and the Tenke Fungurume minerals district in the Democratic Republic of Congo (DRC). Freeport's historical revenue and net income: The analysis on Freeport reports that the company's revenue has been in decline over the past five years, its dividend yield is at a 1-year low and its price is at a 1-year high. The analysis on Freeport reports that the company's revenue has been in decline over the past five years, its dividend yield is at a 1-year low and its price is at a 1-year high. The Peter Lynch Chart suggests that the company is currently undervalued : Freeport-McMoRan Copper & Gold has a market cap of $37.36 billion. Its shares are trading at around $35.99 with a P/E ratio of 13.10, a P/S ratio of 1.80 and a P/B ratio of 1.80. The company's dividend yield is currently at 3.5%. David Miller's top ten holdings as of Sept. 30, 2013: Valeant Pharmaceuticals International (VRX) Illinois Tool Works (ITW) Freeport McMoRan Copper & Gold (FCX) Apache ( APA ) Starbucks (SBUX) Zoetis (ZTS) Kinder Morgan Energy Partners (KMP) ADT (ADT) KeyCorp (KEY) Weyerhaeuser ( WY ) You can read the entire Barron's article here. View more on insider trading on the GuruFocus Insider Trades Page here. Try a free 7-day premium membership trial here. About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for December 26, 2013 C omputer Sciences Corporation ( CSC ) will begin trading ex-dividend on December 26, 2013. A cash dividend payment of $0.2 per share is scheduled to be paid on January 20, 2014. Shareholders who purchased CSC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 13th quarter that CSC has paid the same dividend. At the current stock price of $54.92, the dividend yield is 1.46%. The previous trading day's last sale of CSC was $54.92, representing a -0.83% decrease from the 52 week high of $55.38 and a 41.55% increase over the 52 week low of $38.80. CSC is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSC's current earnings per share, an indicator of a company's profitability, is $7.44. Zacks Investment Research reports CSC's forecasted earnings growth in 2014 as 27.16%, compared to an industry average of 2.6%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Best Stocks for 2014 Here are the 13 stocks, including Amex and J&J, most recommended by Mark Hulbert's \""Honor Roll\"" of top advisors."", ""Insiders Are Spending Big on These Stocks Portfolio manager David Miller buys only companies whose top execs put their own money on the line.""]" ADP,2013-12-26,57.9558,58.2564,57.726,58.1726,"Amdocs Limited (DOX) Ex-Dividend Date Scheduled for December 27, 2013 A mdocs Limited ( DOX ) will begin trading ex-dividend on December 27, 2013. A cash dividend payment of $0.13 per share is scheduled to be paid on January 17, 2014. Shareholders who purchased DOX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that DOX has paid the same dividend. At the current stock price of $41.24, the dividend yield is 1.26%. The previous trading day's last sale of DOX was $41.24, representing a -0.27% decrease from the 52 week high of $41.35 and a 23.55% increase over the 52 week low of $33.38. DOX is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). DOX's current earnings per share, an indicator of a company's profitability, is $2.52. Zacks Investment Research reports DOX's forecasted earnings growth in 2014 as 7.46%, compared to an industry average of 9.6%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: Market Vectors Israel ETF ( ISRA ) First Trust Technology AlphaDEX ( FXL ). The top-performing ETF of this group is FXL with an increase of 11.5% over the last 100 days. ISRA has the highest percent weighting of DOX at 5.14%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2013-12-27,58.3246,58.4548,58.0346,58.1519,"[""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for December 30, 2013 M onotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on December 30, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on January 22, 2014. Shareholders who purchased TYPE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that TYPE has paid the same dividend. At the current stock price of $32.67, the dividend yield is .73%. The previous trading day's last sale of TYPE was $32.67, representing a -1.54% decrease from the 52 week high of $33.18 and a 112.97% increase over the 52 week low of $15.34. TYPE is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). TYPE's current earnings per share, an indicator of a company's profitability, is $.78. Zacks Investment Research reports TYPE's forecasted earnings growth in 2013 as 1.42%, compared to an industry average of -.3%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for December 30, 2013 P egasystems Inc. ( PEGA ) will begin trading ex-dividend on December 30, 2013. A cash dividend payment of $0.03 per share is scheduled to be paid on January 16, 2014. Shareholders who purchased PEGA stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 31st quarter that PEGA has paid the same dividend. At the current stock price of $49.46, the dividend yield is .24%. The previous trading day's last sale of PEGA was $49.46, representing a -4.02% decrease from the 52 week high of $51.53 and a 124.82% increase over the 52 week low of $22. PEGA is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). PEGA's current earnings per share, an indicator of a company's profitability, is $1.1. Zacks Investment Research reports PEGA's forecasted earnings growth in 2013 as 22.47%, compared to an industry average of -.3%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2013-12-30,58.22,58.4251,57.9992,58.4094, ADP,2013-12-31,58.5228,58.7486,58.0987,58.2073,"[""Here's How The Fed's Decision To Taper QE Pace Will Impact ADP Automatic Data Processing ( ADP ) is the largest provider of payroll processing & human capital management solutions in the U.S. The biggest contributor to ADP's stock value is its Payroll Processing Division. Our last article on ADP pointed out how the job market data for November was disappointing news for the company. In this article, we look at how the recent announcement by the Federal Reserve to taper its QE program to $75 billion a month will affect ADP's Client Funds Interest, the second biggest contributing division to its stock price. (( Fed tapers QE pace )) Client Funds Interest A distinctive part of ADP's business is the interest that it earns on funds held for its clients. Historically, the interest earned on client's funds as a percentage of ADP's operating income has been more than 30%. For instance, in FY 2008, it accounted for almost 35% of ADP's operating income. In absolute terms, ADP earned $680 million as interest on client's funds in 2008. In FY 2012, however, ADP earned only $490 million, translating into 22% of operating income. Both the relative and absolute figures for interest on client's funds have taken a beating in the last few years due to the ultra low interest rates prevailing in the U.S. economy. The Federal Reserve and Quantitative Easing The Fed's monetary policy has been to keep the market rate on Treasury Bonds low. This was achieved in two ways: 1) by signalling that the Federal Funds Rate (the overnight rate at which banks lend to each other) is going to be kept at near zero levels for a long time, and 2) through the monthly purchase of assets such as long term bonds and mortgage backed securities from banks and other financial institutions, thereby increasing liquidity and lowering long term rates. As a result of these policies, the average return on ADP's investments in these securities has been low. However, given the recent announcement by the Fed that it plans to scale back the monthly purchases from $85 billion to $75 billion, there has been a rise in the yields of these securities. If the recent reversal in yields is anything to go by, a sustained and a steady increase in interest rates over the next few years could significantly increase ADP's earnings. Impact of Rise In US Bond Yields As the Federal Funds Rate has been near zero levels, bond prices have been high, especially for top rated debt such as US Treasuries. At the end of the Q3 this year, ADP held $22.1 billion in corporate investments and funds held for clients, primarily in AAA and AA rated debt. Owing to lower yields, the return on these investments has been much lower than those earned by ADP historically. In Q3 of this year, ADP averaged a 2.5% interest rate on its corporate investments and funds held for clients. It is easy to see how small changes in bond yields can affect ADP's bottom line. The average interest rate of 2.5% is a decrease of 50 basis points from last year's Q3 average of 3%. We estimate that a change of 100 basis points in short-term and medium-term interest rates would increase the Earnings Before Taxes by ~$40 million, a 9% increase. Lower interest income due to low interest rates has been partially offset by rising client's fund balances. As far as average client's funds are concerned, ADP has been able to grow them steadily from 2010 onwards with anticipated FY2013 growth of 5-7%. Hence we will be closely looking at the ADP's average investment balances (client's funds) to see how they are holding up. Understand How a Company's Products Impact its Stock Price at Trefis The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Improved Job Outlook and Growth in HR Outsourcing Boost Paychex' Revenues Quick Take Paychex reported Q2 FY 2014 earnings. The company reported total revenues of $600.5 million, growth of 7% year-over-year. Payroll Service revenue rose 5% while HR outsourcing revenues grew 12% year-over-year. Paychex ( PAYX ) reported results for Q2 FY 2014, posting total revenues of $600.5 million, an increase of 7% year-over-year. This is a faster y-o-y growth rate than what the company achieved during Q1 FY 2014. The slow growth in the company's Payroll Services division shows that the job situation in the United States is still affecting its growth prospects. November's job market data showed that although unemployment levels had fallen, the drop in the figures wasn't driven by the number of people joining the workforce but by a high number of people dropping out of it. The absolute number of people employed is the main driver of Paychex' services. Payroll Service revenue increased only 5% during the quarter while revenues for its HR Outsourcing division jumped 12%. Going forward, we will be closely watching Payroll Service revenue growth, especially in the context of the jobs situation in the United States. Also, how well Paychex is able to leverage its payroll client base when selling its HR outsourcing services will be another factor to watch out for. See our complete analysis of Paychex Here Payroll Services According to our estimates, Paychex' Payroll Services division makes up approximately 70% of the firm's value. Payroll service revenue increased 5% for the second quarter and 4% through the first half of the fiscal year. The division benefited from increases in checks per payroll and revenue per check, which grew as a result of price increase. The second quarter growth also benefited from the absence of the disruptive effects of Hurricane Sandy a year ago. During the second quarter last year, Sandy impacted Paychex' payroll revenue growth by approximately 0.5%. The improving job outlook in the United States also bodes well for the company. As individuals in the U.S. continue to find jobs in similar numbers going forward, we could see the total employee count on Paychex' payrolls increase, which would cause an upside to our price estimate. During the second quarter, Paychex completed an acquisition of a payroll service provider in Germany. While operations in Germany are immaterial to the overall company results right now, the company is continuing to expand its global footprint with this acquisition and its start-up operation in Brazil. HR Outsourcing This division continues to be a primary growth driver for Paychex' revenues as it posted year-over-year revenue growth of 12%. The increase wasdriven primarily by client base growth, particularly in retirement services, Paychex HR Solutions, and eServices products. Additionally, revenues of the retirement services division also benefited from an increase in the average asset value of participants' funds. Insurance services revenue reflected higher premiums in workers' compensation insurance services and an increase in the number of health and benefits applicants. Overall, we think that the growth in this division is good news for Paychex as it diversifies the company's operations. Providing services such as retirement and insurance outsourcing gives Paychex a product line which it can sell to its existing customers, who currently use only the payroll services. We will be watching this division closely over the coming quarters, as it will be key to Paychex' growth. We are currently in the process of revising our $35.46 price estimate for Paychex , which represents a downside of 22% to the market price. Click Here To Understand What Drives A Stock At Trefis The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-01-02,57.7536,57.9558,57.1855,57.5306, ADP,2014-01-03,57.7821,58.6205,57.6303,58.1589,"Equifax Suggests Security Measures - Analyst Blog Equifax Inc. ( EFX ) recently offered guidance to guard against the growing menace of identity theft or fraud. Approximately 12.6 million people were affected by identity theft in 2013, according to a survey conducted by Javelin Strategy & Research. To counter this problem, Equifax has suggested using upgraded security features in smartphones and tablets for social as well as professional purposes, which significantly lower the chances of personal information falling into wrong hands. Moreover, checking for credit reports and going though the debit and credit card statements thoroughly are helpful in detecting any discrepancy in the transactions. Sharing social security number over the phone or through unsecured channels has been advised against. Additionally, customers can avail Equifax's various services within the Identity and Fraud product suite. These help in screening, verification and authentication tools, which in turn will mitigate fraud, protect privacy and reduce data loss, thereby enhancing user acceptance and satisfaction with online channels. Equifax Identity and Fraud Solutions (IFS) help to reduce fraud and manage risks in both private and public sectors, thereby creating a secure environment. This, in turn, is expected to help Equifax to expand its customer base and market share. It is worth noting that more than 70% of the customers use Equifax fraud, ID verification or authentication tools to mitigate online fraud. Moreover, per American Banker, nine out of the top ten banks turn to Equifax for advanced fraud solutions while booking new accounts. Equifax's focus on product innovation, broadening of data assets through acquisitions and continued share gains in North America are encouraging. We believe Equifax is well positioned to benefit from its leadership in important markets and strength in international markets. Given the company's strong correlation with the consumer and financial markets as well as its U.S. and European exposure, we see a gradual improvement in results. Competition from Fiserv Inc. ( FISV ), Automatic Data Processing, Inc. ( ADP ) and Dun & Bradstreet Corp ( DNB ) are, however, a concern. Currently, Equifax has a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report DUN &BRADST-NEW (DNB): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-01-06,58.0681,58.3315,57.1934,57.4922, ADP,2014-01-07,57.6144,58.364,57.5533,58.1933, ADP,2014-01-08,57.8482,58.1668,57.5662,57.8807,"Markets End Mixed, Despite Positive Jobs Report ""We are starting to receive fourth-quarter earnings reports, although most consider Alcoa Inc's ( AA ) report on Thursday to be the unofficial start of the earnings season,"" said Schaeffer's Senior Equity Analyst Joe Bell, CMT. ""The ADP employment report was released, and the jobs number solidly beat most expectations. Many participants viewed this improvement in the labor market as a sign that the Fed will be more likely to continue tapering its asset-buying program."" As a result, the Dow Jones Industrial Average (DJI) erased much of yesterday's gains. Continue reading for more on today's market, including Front-month traders converged on these three well-known stocks in the options pits. Find out why Kraft Foods Group Inc ( KRFT ) could ruin your Super Bowl party. This mining concern attracted a crop of call players, who bet on a quick pop this week. plus... The Fed released its meeting minutes from December, the private sector added more jobs than expected, and Microsoft Corporation ( MSFT ) call volume spiked, despite losing a notable CEO contender. The Dow Jones Industrial Average (DJI - 16,462.74) tumbled at the start of the session, and ended up finishing 68.2 points, or 0.4%, lower on the day. The blue-chip index's 10 advancers were led by Du Pont ( DD ) -- which gained 1.3% -- while MSFT paced the 20 decliners with a loss of 1.8%. The S&P 500 Index (SPX - 1,837.49) experienced some choppy price action throughout the day, and was down just 0.4 point, or 0.02%, by the closing bell. Meanwhile, the Nasdaq Composite (COMP - 4,165.61) outperformed its peers by tacking on 12.4 points, or 0.3%. Elsewhere, the CBOE Volatility Index (VIX - 12.87) was parked in positive territory for most of the day, but finished roughly 0.1 point, or 0.4%, lower. A Trader's Take ""Overall, the broad market was mixed, with technology taking on a leadership role, and the Dow clearly underperforming,"" Bell continued. ""The minutes for the December Fed meeting were also released late in the day, but we didn't see any widespread response from the market either way."" 5 Items on Our Radar Today According to the latest Federal Open Market Committee (FOMC) minutes , the central bank voted to taper amid concerns that the benefits of its asset-buying program were starting to erode. A survey included in the minutes revealed that ""a majority of participants judged that the marginal efficacy of purchases was likely declining as purchases continue."" (MarketWatch) Payroll giant Automatic Data Processing ( ADP ) said the private sector created 238,000 jobs in December, marking the best monthly gain of 2013. Economists, on average, were expecting the addition of just 200,000 new positions. (CNBC) Uptrending Yahoo! Inc. (YHOO) received some bullish analyst attention at Susquehanna ahead of the opening bell. Call players zeroed in on Baidu Inc (ADR) (BIDU) as the Chinese Internet stock surged to a record high this morning. Microsoft Corporation ( MSFT ) call activity ramped up, despite the stock's drop in the wake of some CEO-related developments. For a look at today's options movers and commodities activity, head to page 2. Commodities Crude futures faltered today, as reports of a smaller-than-anticipated drop in oil supplies dragged prices lower. By the end of the session, the February contract was off $1.34, or 1.4%, to finish at $92.33 per barrel -- the lowest closing price for a most active contract since late November. Meanwhile, gold futures suffered their third straight decline amid stronger-than-expected employment data, as February-dated gold lost $4.10, or 0.3%, to settle at $1,225.50 an ounce. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-01-09,59.7921,59.7921,58.0139,58.082,"[""Stock Market News for January 09, 2014 - Market News Markets ended mostly in the red yesterday after Fed minutes raised concerns about fading gains from the bond purchase program. The reaction to the Fed minutes dragged Dow and S&P 500 lower, but Nasdaq managed some gains. Even the positive private jobs report failed to provide sufficient impetus. In fact, the positive numbers was a concern since such data might hasten the Fed taper. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) dropped 0.4% to end Wednesday's trading session at 16,462.74. The Standard & Poor 500 (S&P 500) shed less than a point or 0.02% to close at 1,837.49. Tech-laden Nasdaq Composite Index emerged the only gainer as it gained 0.3% to finish at 4,165.61. The fear-gauge CBOE Volatility Index (VIX) slipped a meager 0.4% to settle at 12.87. Composite volume on the New York Stock Exchange was 3.65 billion shares. The decliners outpaced the advancers on the NYSE, as for 54% stocks that ended in the red, 42% stocks closed in positive territory. The minutes of the Federal Open Market Committee that was held on the 17-18 last month provided a closer look at the views of Federal Reserve officials. The minutes suggested that some Fed officials were concerned about the asset repurchase program's gains waning over time. The minutes noted: \""A majority of participants judged that the marginal efficacy of purchases was likely declining as purchases continue\"". It also stated that officials were also \""concerned about the marginal cost of additional asset purchases arising from risks to financial stability\"". The central bank had announced last month that it would start tapering its $85 billion bond buyback plan. At the same time, the Fed had indicated that the key interest rate would continue to remain at a record low for a longer period than what was promised previously. The asset repurchase program had been one of the catalysts for the equities' record gains in 2013. The Fed had set certain economic targets before it such tapering could begin. Employment data was being closely examined and an improvement in the labor market situation can be cited as one of the reasons behind the taper call. Even yesterday, markets received additional positive jobs data as Automatic Data Processing (NASDAQ: ADP ) reported an addition of 238,000 private jobs in December. This outpaced the consensus estimates of an addition of 200,000 jobs. The positive numbers came ahead of the key nonfarm payroll data scheduled for release on Friday. Getting into the details, the National Employment Report noted that small businesses (employers having less than 50 employees) added 108,000 jobs in December. Also, medium-sized businesses (less than 500 employees) added 59, 000 jobs and large businesses (1000+ employees) added 71, 000 jobs in December. The November numbers were also revised upward. It was widely believed that such data had heightened chances of the central bank accelerating the cuts on its stimulus plan. This, along with the Fed minutes, dragged the benchmarks mostly downwards and consumer sector was among the biggest losers. Consumer Staples Select Sect. SPDR ETF (XLP) dropped about 8%. Consumer stocks such as The Procter & Gamble Company (NYSE: PG ), The Coca-Cola Company (NYSE: KO ), Philip Morris International Inc. (NYSE: PM ), Wal-Mart Stores, Inc. (NYSE: WMT ), PepsiCo, Inc. (NYSE: PEP ), Altria Group Inc (NYSE: MO ) and Costco Wholesale Corporation (NASDAQ: COST ) dropped 1.5%, 1.1%, 1.7%, 0.8%, 0.3%, 0.4% and 1.6%, respectively. AUTOMATIC DATA (ADP): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report COCA COLA CO (KO): Free Stock Analysis Report ALTRIA GROUP (MO): Free Stock Analysis Report PEPSICO INC (PEP): Free Stock Analysis Report PROCTER & GAMBL (PG): Free Stock Analysis Report PHILIP MORRIS (PM): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EPIQ Systems, Inc. (EPIQ) Ex-Dividend Date Scheduled for January 10, 2014 E PIQ Systems, Inc. ( EPIQ ) will begin trading ex-dividend on January 10, 2014. A cash dividend payment of $0.09 per share is scheduled to be paid on February 24, 2014. Shareholders who purchased EPIQ stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that EPIQ has paid the same dividend. The previous trading day's last sale of EPIQ was $15.45, representing a -8.04% decrease from the 52 week high of $16.80 and a 36.48% increase over the 52 week low of $11.32. EPIQ is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). EPIQ's current earnings per share, an indicator of a company's profitability, is $.41. Zacks Investment Research reports EPIQ's forecasted earnings growth in 2013 as -49.41%, compared to an industry average of -2.3%. For more information on the declaration, record and payment dates, visit the EPIQ Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-01-10,58.3945,58.4331,57.6017,57.8807,"Jobs Report - Weather or Not? - Ahead of Wall Street Friday, January 10, 2014 ??????This morning's surprisingly weak U.S. jobs report runs counter to all recent economic data. The numbers seem unbelievable as they are out of line with all data that we have seen lately. Perhaps we shouldn't pay much attention to this report as it will most likely get revised away in the coming months. The bond market's reaction of pushing yields lower following the jobs release appears over-done as the Fed is unlikely to change its Taper plans on the basis of one-month data. This report aside, all other data is consistently pointing towards positive momentum in the U.S. economy. Wednesday's ADP ( ADP ) report, Thursday's Jobless Claims and lay-offs readings and the employment components of the two ISM surveys were all foretelling what we found in today's jobs report. The U.S. economy grew at a robust +4.1% growth pace in the third quarter and initial estimates for Q4 GDP growth were no better than +1%. But those estimates started going up following a steady run of better-than-expected economic readings, reflecting momentum in consumer and business spending and less drag from trade and inventory accumulation. We wouldn't know the Q4 GDP figures for another few weeks, but current estimates are for growth in the +3%. If Q4 growth does come in that vicinity, the economy's growth pace will have roughly doubled in the second half of 2013 from the first half's pace. Many in the market, the Fed included, view this to be the 'real' underlying trend in the economy and would likely discount today's jobs reading. That said, the unusually weak jobs report does add an element of uncertainty to the economic landscape. Sheraz Mian??? Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-01-13,57.8325,57.8689,56.7969,56.9488,"Stock Market News for January 13, 2014 - Market News A surprise weaker-than-expected US jobs report left investors wary about betting big on equities; thus leading the benchmarks to end on a mixed note. While the Dow ended in the red, S&P 500 and Nasdaq managed some gains, aided by certain defensive stocks. The drop in the blue-chip index was also consistent with weekly numbers, as only the S&P 500 and Nasdaq closed the week in the green. Financials stocks were among the major losers. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average dropped 0.05% to close Friday's trading session at 16,437.05. The Standard & Poor 500 gained a modest 0.2% to end at 1,842.37. The tech-laden Nasdaq Composite Index was up 0.4% to finish at 4,174.66. The CBOE Volatility Index (VIX) dropped 5.8% to 12.14. Composite volume on the New York Stock Exchange (NYSE) was 3.3 billion. The advancers well outpaced the decliners on the NYSE, as for 70% stocks that gained, 28% ended in the negative zone. Termed by some analysts as an 'anomaly', the lower-than-expected nonfarm payroll data was indeed surprising as it came after the jobs situation has shown consistent improvement over a decent period. On Friday, the U.S. Bureau of Labor Statistics reported that nonfarm payroll employment moved up 74,000 in December. This was significantly below the consensus estimate of a gain of 192,000. In fact, the 74K gain was the smallest improvement since Jan 2011. However, the report stated that unemployment rate has dropped to 6.7% in December from 7%. These dismal numbers come close on the heels of positive jobs data reported in the same week. On Wednesday, markets received positive jobs data as Automatic Data Processing (NASDAQ: ADP ) reported an addition of 238,000 private jobs in December. This outpaced the consensus estimate of an addition of 200,000 jobs. This report was followed by the decline in the claim numbers. The number of Americans filing for unemployment benefits declined 15,000 to 330,000. The Fed had set certain economic targets before it could decide on tapering the bond buyback program. Employment data was being closely examined and an improvement in the labor market situation was one of the reasons behind the taper call the central bank took last month. The surprising dismal tone in employment numbers have made some onlookers speculate about the pace of Fed's tapering. The earnings season is underway and investors will have an eye on the corporate numbers. So far, 5% of the S&P 500 companies have released their earnings performance, of which 50% has outperformed profit estimates. However, among the latest reports and forecasts, Alcoa Inc (NYSE: AA ), Chevron Corporation (NYSE: CVX ) and Sears Holdings Corp (NASDAQ: SHLD ) each had something dismal to share and their shares dropped 5.4%, 1.9% and 13.8%, respectively. While Alcoa fell short of profit estimates, Chevron's earnings were forecasted to be damaged by lower energy output. Sears revealed it had suffered a fourth-quarter loss. Among the positives, defensive stocks were decent gainers and also drove some of the benchmarks higher. Stocks such as Raytheon Company (NYSE: RTN ), Lockheed Martin Corporation (NYSE: LMT ), Northrop Grumman Corporation (NYSE: NOC ) and Alliant Techsystems Inc. (NYSE: ATK ) gained 0.7%, 0.5%, 0.6% and 8.5%, respectively. Financial stocks on the other hand ended on the losing side. Financial Select Sector SPDR (XLF) dropped 0.2% and stocks including JPMorgan Chase & Co. (NYSE: JPM ) (0.5%), Wells Fargo & Co (NYSE: WFC ) (0.5%), Citigroup Inc (NYSE: C ) (0.9%), Morgan Stanley (NYSE: MS ) (0.8%) and Bank of America Corp (NYSE: BAC ) (0.4%) declined 0.5%, 0.5%, 0.9%, 0.8% and 0.4%, respectively. ALCOA INC (AA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report ALLIANT TECHSYS (ATK): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report LOCKHEED MARTIN (LMT): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report NORTHROP GRUMMN (NOC): Free Stock Analysis Report RAYTHEON CO (RTN): Free Stock Analysis Report SEARS HLDG CP (SHLD): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report SPDR-FINL SELS (XLF): ETF Research Reports To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-01-14,57.1342,57.6519,56.866,57.5967,"The Silver Lining in November's Employment Summary for Payroll Processors The Employment Situation Summary for November released by the U.S. Bureau of Labor Statistics on December 6, 2013, reported fall in unemployment levels to 7% from 7.8% a year earlier. However, this drop in employment was mostly a result of workers discouraged by a poor job market dropping out of the labor force. The data released on December 19, 2013 for Metropolitan Employment and Unemployment Situation puts these figures in a new light. The report showed that unemployment rates had fallen in more than 75% of the 372 areas covered. The unemployment rate was also lower than the national average of 7% in 204 of the 372 areas covered. As far as payroll processing companies such as ADP ( ADP ) and Paychex ( PAYX ) are concerned, this is good news since they derive most of their revenues from clients based in these areas. During times of rising employment, companies hire more people which typically results in more employees per company. As a result, companies such as ADP and Paychex stand to earn more revenue from the increased number of clients served. In this article, we consider the impact the improving job situation can have on their value. ADP ADP's primary source of revenue is its payroll processing business, which is directly related to the employment scenario in the U.S. economy and makes up approximately 40% of our value estimate for the company. We gauge the performance of this business based on the average fee received by ADP for every client it serves. When employment levels increase, ADP benefits from increase in hiring activity by its clients that boosts the fee earned per client. We forecast the average number of clients served to increase to 693,000 by the end of six years. However, if the number of clients served exceeds that figure by 10%, there could be a 4% upside to our price estimate. Currently, we have a price estimate of $73 for ADP , which marks our valuation at a discount of ~10% to the market price. Paychex Paychex is another leading payroll processor in the U.S. According to our model, the company's payroll processing division makes up approximately 62% of its total value. We gauge the performance of Paychex's payroll processing business based on the average number of employees served by the company per payroll client. Paychex also benefits from increase in hiring activity by its clients when the employment scenario improves. We forecast the total number of payroll clients to increase to 619,ooo for Paychex in the next five years. However, if the number of clients served by the end of 2020 increases by 10%, there could be a 6% increase to our price estimate. Currently, we have a price estimate of $35 for Paychex , which marks our valuation at a discount of over 20% to the market price. Submit a Post at Trefis Powered by Data and Interactive Charts|Understand What Drives a Stock at Trefis The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-01-15,57.6303,58.0898,57.4203,57.6963, ADP,2014-01-16,57.6588,57.8176,57.4203,57.4922,"Weak Economic Outlook Might Hurt ADP The Bureau of Labor Statistics(BLS) released its Employment Outlook summary for the 2012-2022 period. According to the report, employment is expected to increase at 10.8 percent during the decade. In addition to projecting employment, the report also focuses on several areas of projection data. In this article, we take a look at how these projections can affect the payroll processing company ADP ( ADP ). ADP is the global leader in Payroll Processing services. It has been in the business for more than 50 years and has established itself as a trusted payroll processing partner for a majority of the Fortune 500 companies. The key drivers of ADP's value are its Payroll Processing Division, Clients Funds Interest and Auto Dealer Services. Below we highlight data points from the BLS report and explain how they can affect each division. See our complete analysis for ADP Payroll Processing 1) When the business environment is conducive to economic growth, ADP benefits from new client registrations with the setting up of new businesses, and existing businesses become more willing to opt for ADP's services. According to the BLS report, the labor force is projected to grow at 0.5 percent per year from 2012-22, compared with the annual growth rate of 0.7 percent in the previous decade. Slower labor force growth is likely to restrict potential economic growth. We currently forecast the number of clients served by ADP's Payroll Processing division to increase going forward from 564,000 in 2012 to ~693,000 by the end of the Trefis forecast period. Increase in clientele is less likely to occur because of weak economic conditions. There could be a 4-5% downside to the Trefis price estimate if ADP's clients grow to only 620,000 or lower. 2) Historically, the EBITDA margin for ADP's payroll processing business has declined from ~21% in 2009 to ~19% in 2012. In the past, ADP has been able to offset this decrease in its margins by charging higher client fees. This has been possible because ADP takes care of a host of reporting and compliance requirements that are becoming increasingly complex and cumbersome with each passing day. Therefore, once it proves its competence and builds trust with the client, price increases flow through easily. However, if ADP's competitors start winning new clients on lower price points, then the company will have to follow suit. There could be a 4% downside to the Trefis price estimate if ADP's payroll processing EBITDA margin stays flat at 19% by the end of the forecast period. Client Funds Interest Average Interest Rate is the average yield that ADP earns on its investment of Average Client Funds. As a result of the U.S. Federal Reserve Bank's monetary policy, the Average Interest Rate for the company has fallen to 2.58% in 2012 from 4.25% in 2008, as per our analysis. If unemployment rates do not fall, the Federal Funds Rate is likely to stay low for the near future. Although, yields on 10 year government bonds have risen to 2.83% as compared to 1.9% in May, 2013., in response to the Fed's announcement that it will taper its QE program, the low interest rate environment is expected to remain in the near future which will impact revenues earned in fiscal 2014 as well. Auto Dealer Services ADP's Dealer Management System (DMS) allows its clients to manage business activities, such as accounting, inventory management, communication between dealer sites, car-financing, insurance, and management of sales. The company also offers services, such as customer relationship management ( CRM ) solutions, front-end sales, marketing, and integrated communication systems between sites that allow tracking of sales, orders, and vehicle repairs. The success of this division is highly correlated with vehicle sales and how well dealer sites are performing. The automotive sector is facing intense pressure globally as the economic recovery hasn't been up to the mark. A continuous negative business environment in the automotive sector could thwart ADP's plans of expanding its auto services domain as demand for such services would potentially declined in the wake of an automotive sector slowdown. Currently, we have a price estimate of $73 for ADP , which marks our valuation at a discount of ~10% to the market price. Submit a Post at Trefis Powered by Data and Interactive Charts|Understand What Drives a Stock at Trefis The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-01-17,57.2831,57.8769,57.2269,57.6086, ADP,2014-01-21,57.9468,58.2073,57.4922,57.862, ADP,2014-01-22,57.9251,58.1519,57.6588,57.9034, ADP,2014-01-23,59.0198,59.433,56.8107,57.1342, ADP,2014-01-24,56.6519,56.7812,55.4419,55.4497, ADP,2014-01-27,55.5425,55.8532,55.003,55.1075, ADP,2014-01-28,55.0237,55.6124,54.9024,55.4912, ADP,2014-01-29,55.0671,55.6411,54.8817,55.1312,"[""ADP, Paychex Provide Payroll Services, Dividends SHUTTERSTOCK PHOTO If your employer outsources payroll processing services, there's a good chance eitherAutomatic Data Processing ( ADP ) orPaychex ( PAYX ) handles them. Roseland, N.J.-based Automatic Data Processing is the world's biggest provider of payroll, human resource, benefits and other outsourced business services. It serves some 620,000 customers in more than 126 countries. ADP says over 80% of Fortune 500 companies use at least one of its services. ADP, which has paid a dividend to shareholders every year since 1974, makes the S&P 500 Dividend Aristocrats index. Companies in the index have boosted dividends each of the past 25 consecutive years.Johnson & Johnson ( JNJ ), featured in Tuesday's Income Investor column, is also a member. ADP currently pays a quarterly dividend of 48 cents a share, or $1.92 a year. Its annualized yield of about 2.5% is tracking higher than the S&P 500's 2.03%. Annual earnings have grown each year since 2010. The consensus forecast calls for a 10% increase for the current fiscal year, which ends in June, as well as the next. The company's profit dipped a penny in 2010 as it got hurt by the 2008-09 recession. Recent steady profit growth helps it earn a 1 for its three-year Earnings Stability Factor on a scale of 0 to 99, in which 0 represents the most stable. Analysts expect a 7% increase in fiscal Q2 earnings when ADP reports results on Feb. 5 before the open. Smaller rival Paychex provides payroll, human resource and employee benefits outsourcing services to about 570,000 small and midsize companies. It pays out $1.40 a year, for a 3.3% annualized yield. Paychex, which has lifted profits the past three years, also gets a 1 for its three-year Earnings Stability Factor. Both companies' fortunes are largely tied to the U.S. economy. The U.S. accounts for about 80% of ADP's business. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""10 stocks to buy instead of Apple Commentary: Apple\u2019s continued fall from grace shows the price of popularity Apple\u2019s big plunge earlier this week illustrates a more general point about volatile stocks in the news: They often underperform boring, low-volatility stocks that are hardly ever in the news.""]" ADP,2014-01-30,55.433,55.9301,55.003,55.6885,"Vistaprint Q2 Earnings Zoom Past Estimates - Analyst Blog Business services provider Vistaprint N.V. ( VPRT ) reported impressive second quarter fiscal 2014 results with a healthy year-over-year increase in revenues and earnings backed by solid execution of its operational plans. Net income for the reported quarter almost doubled to $40.9 million from $23.0 million in the year-earlier quarter. On a per share basis, earnings for second quarter fiscal 2014 were $1.18 compared with 66 cents in the year-ago quarter. Excluding one-time items, adjusted earnings for the reported quarter were $52.7 million or $1.50 per share compared with $35.9 million or $1.02 per share in the prior-year period. The quarterly adjusted earnings were well ahead of the Zacks Consensus Estimate of $1.00. Total revenue in second quarter fiscal 2014 increased 6.5% year over year to $370.8 million. The year-over-year increase in revenues was primarily attributable to a strong holiday performance across the globe with continued improvements in customer engagements. Reported revenues, however, missed the Zacks Consensus Estimate of $375 million. Geographically, revenues were up 13% and 1% year over year in North America and Europe, respectively, to $189.4 million and $161.0 million. In the reported quarter, gross margin improved marginally to 67.4% from 67.2% in the year-ago period. Operating income increased to $52.5 million in the reported quarter from $33.0 million in the prior-year period. Balance Sheet & Cash Flow The company exited the quarter with $62.3 million in cash and cash equivalents. Total debt was $204.5 million. The company had $289.7 million available under its credit facility. Vistaprint did not repurchase any share during the reported quarter. The company generated $95.0 million of cash from operations compared with $88.5 million in second quarter fiscal 2013. Free cash flow for the reported quarter was $67.8 million compared with $58.7 million in the year-ago period. Capital expenditures for second quarter fiscal 2014 were $24.6 million. Outlook For fiscal 2014, the company updated its revenue and earnings guidance to better reflect the current market conditions. Revenues for the current fiscal are expected in the range of $1,235 million to $1,265 million, down from the earlier projection of $1,250 million to $1,300 million. Fiscal 2014 GAAP earnings are expected in the range of $1.55 -$1.80 per share, up from $1.35 -$1.70 expected earlier. Adjusted earnings for fiscal 2014 are expected in the range of $2.68-$2.93 per share, up from the prior range of $2.49-$2.83 per share. Capital expenditures for fiscal 2014 are expected within $80 million to $90 million, down from previous guidance range of $85 million to $100 million. Vistaprint is focused on leveraging its investments and expects meaningful earnings growth in fiscal 2014. The company expects its strategic initiatives to drive customer loyalty and lifetime value. Expansion in new geographic areas and customer additions will bear fruit in the long term. We are also confident of the company delivering solid results in the imminent future on the back of these initiatives. Vistaprint currently has a Zacks Rank #3 (Hold). Stocks that look promising and are worth considering now include Automatic Data Processing, Inc. ( ADP ), Huron Consulting Group Inc. ( HURN ) and Paychex, Inc. ( PAYX ), each carrying a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report HURON CONSLT GP (HURN): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report VISTAPRINT NV (VPRT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-01-31,54.7496,55.573,54.7082,55.1835, ADP,2014-02-03,55.1914,55.3136,53.1598,53.3639, ADP,2014-02-04,56.1302,56.1302,51.8048,53.9932,"[""Notable Two Hundred Day Moving Average Cross - ADP In trading on Tuesday, shares of Automatic Data Processing Inc. (Symbol: ADP) crossed below their 200 day moving average of $73.56, changing hands as low as $71.91 per share. Automatic Data Processing Inc. shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of ADP shares, versus its 200 day moving average: Looking at the chart above, ADP's low point in its 52 week range is $59.48 per share, with $83.82 as the 52 week high point - that compares with a last trade of $74.50. According to the ETF Finder at ETF Channel, ADP makes up 2.70% of the SPDR Morgan Stanley Technology ETF (Symbol: MTK) which is trading up by about 0.1% on the day Tuesday. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Named Top 25 SAFE Dividend Stock Increasing Payments For Decades Automatic Data Processing Inc. (Symbol: ADP) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.6% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report. According to the ETF Finder at ETF Channel , Automatic Data Processing Inc. is a member of the iShares S&P 1500 Index ETF ( ITOT ), and is also an underlying holding representing 1.18% of the SPDR S&P Dividend ETF ( SDY ), which holds $143,055,851 worth of ADP shares. Automatic Data Processing Inc. (Symbol: ADP) made the \""Dividend Channel S.A.F.E. 25\"" list because of these qualities: S . Solid return - hefty yield and strong DividendRank characteristics; A. Accelerating amount - consistent dividend increases over time; F . Flawless history - never a missed or lowered dividend; E. Enduring - at least two decades of dividend payments. The annualized dividend paid by Automatic Data Processing Inc. is $1.92/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/12/2014. Below is a long-term dividend history chart for ADP, which the report stressed as being of key importance. ADP operates in the Information Technology Services sector, among companies like International Business Machines Corp. ( IBM ), and Twitter Inc ( TWTR ). Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for February 5, 2014 : MRK, TWX, ADP, AGN, CTSH, EL, HUM, MMP, CCE, RL, GRA, LVLT T he following companies are expected to report earnings prior to market open on 02/05/2014. Visit our Earnings Calendar for a full list of expected earnings releases. Merck & Company, Inc. ( MRK ) is reporting for the quarter ending December 31, 2013. The large cap pharmaceutical company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.89. This value represents a 7.23% increase compared to the same quarter last year. In the past year MRK has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 4.55%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MRK is 14.88 vs. an industry ratio of 16.30. Time Warner Inc. ( TWX ) is reporting for the quarter ending December 31, 2013. The media company's consensus earnings per share forecast from the 16 analysts that follow the stock is $1.15. This value represents a 1.71% decrease compared to the same quarter last year. In the past year TWX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 13.48%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TWX is 16.41 vs. an industry ratio of 15.90, implying that they will have a higher earnings growth than their competitors in the same industry. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending December 31, 2013. The outsourcing company's consensus earnings per share forecast from the 17 analysts that follow the stock is $0.77. This value represents a 6.94% increase compared to the same quarter last year. ADP missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -1.75%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ADP is 23.37 vs. an industry ratio of 14.20, implying that they will have a higher earnings growth than their competitors in the same industry. Allergan, Inc. ( AGN ) is reporting for the quarter ending December 31, 2013. The large cap pharmaceutical company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.34. This value represents a 16.52% increase compared to the same quarter last year. AGN missed the consensus earnings per share in the 4th calendar quarter of 2012 by -3.36%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for AGN is 23.58 vs. an industry ratio of 16.30, implying that they will have a higher earnings growth than their competitors in the same industry. Cognizant Technology Solutions Corporation ( CTSH ) is reporting for the quarter ending December 31, 2013. The business software company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.05. This value represents a 14.13% increase compared to the same quarter last year. In the past year CTSH has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 4.95%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CTSH is 23.68 vs. an industry ratio of 133.40. Estee Lauder Companies, Inc. ( EL ) is reporting for the quarter ending December 31, 2013. The cosmetic & toiletries company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.06. This value represents a 8.62% decrease compared to the same quarter last year. In the past year EL has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 2.7%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for EL is 23.79 vs. an industry ratio of 20.50, implying that they will have a higher earnings growth than their competitors in the same industry. Humana Inc. ( HUM ) is reporting for the quarter ending December 31, 2013. The hmo company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.93. This value represents a 21.85% decrease compared to the same quarter last year. In the past year HUM has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 6.94%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for HUM is 11.01 vs. an industry ratio of 10.90, implying that they will have a higher earnings growth than their competitors in the same industry. Magellan Midstream Partners L.P. ( MMP ) is reporting for the quarter ending December 31, 2013. The oil/gas company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.82. This value represents a 18.84% increase compared to the same quarter last year. MMP missed the consensus earnings per share in the 3rd calendar quarter of 2013 by -6.9%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MMP is 25.99 vs. an industry ratio of 13.10, implying that they will have a higher earnings growth than their competitors in the same industry. Coca-Cola Enterprises, Inc. ( CCE ) is reporting for the quarter ending December 31, 2013. The beverages company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.52. This value represents a 15.56% increase compared to the same quarter last year. In the past year CCE has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 2.5%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CCE is 16.85 vs. an industry ratio of 17.50. Ralph Lauren Corporation ( RL ) is reporting for the quarter ending December 31, 2013. The textile company's consensus earnings per share forecast from the 11 analysts that follow the stock is $2.51. This value represents a 4.58% increase compared to the same quarter last year. In the past year RL has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2014 Price to Earnings ratio for RL is 18.12 vs. an industry ratio of 22.60. W.R. Grace & Co. ( GRA ) is reporting for the quarter ending December 31, 2013. The chemical company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.09. This value represents a 1.80% decrease compared to the same quarter last year. In the past year GRA has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for GRA is 22.62 vs. an industry ratio of 16.50, implying that they will have a higher earnings growth than their competitors in the same industry. Level 3 Communications, Inc. ( LVLT ) is reporting for the quarter ending December 31, 2013. The diversified company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.05. This value represents a 131.25% increase compared to the same quarter last year. In the past year LVLT has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for LVLT is -62.02 vs. an industry ratio of 11.90. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-02-05,53.6855,54.9774,52.3649,52.9714,"[""Earnings Scheduled For February 5, 2014"", ""Automatic Data Processing, Inc. Reports Q2 EPS of $0.78 vs $0.77 Est; Revenue of $2.98B vs $2.94B Est"", ""UPDATE: ADP Posts Upbeat FQ2 Results"", ""UPDATE: ADP Posts Upbeat FQ2 Results"", ""Automatic Data Processing, Inc. Reports Q2 EPS of $0.78 vs $0.77 Est; Revenue of $2.98B vs $2.94B Est"", ""Earnings Scheduled For February 5, 2014"", ""Closing Update: Stocks End Narrowly Lower But Negative Bias Kept In Check By Above-Consensus Service Sector Activity Stocks finished with slight losses Wednesday, largely setting aside worries over global growth and rising interest rates at home following a better-than-expected assessment of the U.S. service sector. But the market remained cautious ahead of the Labor Department's jobs report for January due out Friday, keeping earlier gains vulnerable to profit-taking pressure. Stocks found early support after the Institute for Supply Management said its non-manufacturing index improved to 54.0 in January, up from 53.0 during the prior month and beating market expectations for a 53.7 reading. Private employers added 175,000 new workers in January, according to Automated Data Processing ( ADP ), less than the 190,000 expected. December figures also were revised downward by 11,000 to 227.000 hires. Gold and silver rose amid the ongoing global uncertainty. April gold advanced $5.40 to $1257 per ounce while March silver added 38 cents to $19.81 per ounce. March copper settled unchanged at $3.19 per pound. Crude oil futures swung between gains and losses during much of the session after a government inventory report found a below-consensus increase in commerical supplies last week than market experts were expecting. March crude settled 19 cents higher at $97.38 per barrel. Natural gas also continued its volatile course from recent sessions, with the March contract finishing at $5.03 per 1 million BTU, down 35 cents for the day. Here's where the markets stood at end-ofday: Dow Jones Industrial Average down 4.94 (-0.03%) to 15,440.30 S&P 500 down 3.56 (-0.2%) to 1,751.64 Nasdaq Composite Index down 19.97 (-0.5%) to 4,011.55 GLOBAL SENTIMENT Hang Seng Index down 0.60% Shanghai China Composite Index down 0.82% FTSE 100 Index up 0.13% UPSIDE MOVERS (+) LVLT, Shares climb to best levels in more than 12 years after the communications company reversed 19 consecutive quarters of net losses, posting a $0.06 per share profit - a penny shy of analyst estimates. (+) DATA, Post Q4 per-share earnings of $0.20, easily topping Capital IQ estimates expecting a break-even quarter for the Revenue rises 95.0% year over year to $81.5 mln, beating Street view by $14.46 mln. (+) MYGN, Reports Q2 EPS of $0.66, topping estimates by $0.20 per share. Revenue rises 36.9% over year-ago levels to $204.1 mln, beating projections by almost $29 mln. Guides FY14 earnings at least $0.13 over consensus view; revenue also exceeds. DOWNSIDE MOVERS (-) GHDX, Q4 loss of $0.30 per share was $0.27 wider than analyst estimates. Revenue of $68.8 million also misses consensus view by around $690,000. Projects FY14 net loss of $0.95 to $0.75 per share. The Street is expecting a $0.21 per share profit. (-) BWLD, Q4 earnings of $1.10 per share for the sports-themed restaurant chain top analyst estimates by $0.03. Revenue climbs 12.4% year over year to $341.5 mln but trails consensus view by $6.06 mln. (-) BBG, Falls on preliminary FY 2013 results, 2014 oil production guidance and an analyst downgrade at Global Hunter. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Midday Update: Stocks Rebound on ISM Service-Sector Data But Bias Still Cautious on Weak Technicals Stocks are little changed Wednesday, with a better-than-expected assessment of the U.S. service sector helping erase early declines tied to a below-consensus gain in private payrolls last month. But the market remains cautious ahead of the government's jobs report for January due out Friday and yesterday's failure by the Dow Jones Industrials Average to close above its 200-day moving average, leaving today's fragile gains vulnerable to profit-taking pressure. The Institute for Supply Management's non-manufacturing index improved to 54.0 in January, up from 53.0 during the prior month and beating market expectations for a 53.7 reading. Private employers added 175,000 new workers in January, according to Automated Data Processing ( ADP ), less than the 190,000 expected. December figures also were revised downward by 11,000 to 227.000 hires. After Tuesday's rebound for U.S. equities, European bourses were higher, initially disengaging themselves from the weaker tone on the other side of the Atlantic. But eventually weakness in the U.S. permeated Europe causing the FTSE and DAX to give back most of their overnight gains. All three major European indices are closing unchanged to only slightly higher. Crude oil was down $0.11 to $97.13 per barrel. Natural gas was down $0.14 to $5.24 per 1 million BTU. Gold was up $5.60 to $1,257.90 an ounce, while silver was up $0.46 to $19.89 an ounce. Copper was unchanged at $3.19 per pound. Among energy ETFs, the United States Oil Fund was down 0.26% to $34.65 with the United States Natural Gas Fund was down 1.64% to $25.74. Amongst precious-metal funds, the Market Vectors Gold Miners ETF was down 0.23% to 23.47 while SPDR Gold Shares were up 0.22% to $121.27. The iShares Silver Trust was up 1.97% to $19.12. Here's where the markets stand at mid-day: NYSE Composite Index down 14.54 (-0.15%) to 9,802.43 Dow Jones Industrial Average down 7.52 (+0.05%) to 15,452.76 S&P 500 down 2.44 (-0.14%) to 1,752.76 Nasdaq Composite Index down 14.02 (-0.34%) to 4,017.50 GLOBAL SENTIMENT Nikkei 225 Index up 1.23% Hang Seng Index down 0.60% Shanghai China Composite Index down 0.82% FTSE 100 Index up 0.13% CAC 40 up 0.01% DAX down 0.13% NYSE SECTOR INDICES NYSE Energy Sector Index down 0.56% NYSE Financial Sector Index up 0.07% NYSE Healthcare Sector Index up 0.25% UPSIDE MOVERS (+) SEV Reported EPS of $0.14 per diluted share, compared with a net loss of $0.39 per share, in the same period last year. (+) MDCI The company swung to a bigger-than-expected fiscal Q3 profit as revenue and margins edged higher (+) ARMK Reported better than expected Q1 earnings and confirmed outlook for year. DOWNSIDE MOVERS (-) DDD Lowered guidance for 2013 and forecasted 2014 earnings below street expectations (-) BWLD Beat with Q4 earnings but disappointed with sales and franchise details. (-) BBG Falls on preliminary FY 2013 results, 2014 oil production guidance, rating downgrades. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Numbers Shed Little Light - Ahead of Wall Street Wednesday, February 5, 2014 The ADP ( ADP ) report fails to answer questions about the economy raised by other recent soft readings. The report came short of expectations, but wasn't entirely out of line with the recent trend line. Perhaps the service sector ISM survey coming out a little later will give us a bit more color, but the focus now will now be on Friday's government jobs report to clear the air. This uncertain backdrop means that stocks won't likely be able to build on Tuesday's positive bounce. The ADP report came in weaker than expected, with the January private-sector jobs tally at 175K tally and a downward revision to the December number. The revision to the December rally, which was materially in conflict with the government data that month, is fairly modest (227K now vs. 238K originally vs. the BLS tally of 74K). That said, the January ADP jobs tally is the third sequentially lower number in a row (289K in November vs. 227K in December vs. 175K in January), likely indicating some loss of momentum in the labor market. The gains were broad-based, with small businesses (employers having less than 50 employees) adding 75K jobs in January. Medium-sized businesses (less than 500 employees) added +66K jobs, while large businesses (1000+ employees) added +34K jobs during the month. The goods-producing sectors added +16K jobs in January, with 25K Construction gains offset by 12K lost in manufacturing. The construction numbers don't appear to show any weather impact, or maybe the ADP report doesn't do a good job of capturing weather effects. The ADP miss notwithstanding, the report isn't that out of the range with the recent trend-line and isn't indicative a material downshift in the economy's growth momentum, along the lines of Monday's manufacturing ISM and December's government jobs report. If today's ADP report is more reflective of ground realities in the labor market, then we should expect positive revisions to the December jobs tally in Friday's report. Thanks,??? Sheraz Mian AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""RSI Alert: Automatic Data Processing Now Oversold The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics - strong fundamentals and a valuation that looks inexpensive. Automatic Data Processing Inc. (Symbol: ADP) presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most \""interesting\"" ideas that merit further research by investors. But making Automatic Data Processing Inc. an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of ADP entered into oversold territory, changing hands as low as $72.69 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Automatic Data Processing Inc., the RSI reading has hit 29.5 - by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 44.9. A falling stock price - all else being equal - creates a better opportunity for dividend investors to capture a higher yield. Indeed, ADP's recent annualized dividend of 1.92/share (currently paid in quarterly installments) works out to an annual yield of 2.57% based upon the recent $74.95 share price. A bullish investor could look at ADP's 29.5 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on ADP is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue. According to the ETF Finder at ETF Channel, ADP makes up 2.64% of the SPDR Morgan Stanley Technology ETF (Symbol: MTK) which is trading lower by about 1.3% on the day Wednesday. Click here to find out what 9 other oversold dividend stocks you need to know about \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Sector Update: Technology Shares Lower Pre-Market; Extreme Networks Plunges on Q2 Results Top Technology Stocks: MSFT: -0.22% AAPL: -0.48% IBM: -0.48% CSCO: -0.64% GOOG: +0.45% Technology shares were lower pre-market trading Wednesday. In technology stocks news, Automatic Data Processing ( ADP ) reported fiscal Q2 earnings and sales that exceeded analysts estimates and slightly lifted its sales forecast for fiscal 2014. The guidance for earnings per share was unchanged. And, shares in ethernet company Extreme Networks ( EXTR ) were down 14%. The stock was lower after the company posted Q2 adjusted profit and revenue that missed analysts forecasts and gave Q3 EPS guidance below The Street view. Finally, Radcom ( RDCM ), which provides quality assurance and methods of measuring customer experience for telecommunications companies, said it swung to a profit in Q4 with non-GAAP net income of $187,000, or $0.02 per share, compared with a loss of $58,000, or $0.01 a year ago. Revenues rose 20% to $5.7 million, while operating expenses declined 6% to $3.3 million. Analyst estimates weren't available. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Sector Update: Technology Technology shares were lower pre-market trading Wednesday. In technology stocks news, Automatic Data Processing ( ADP ) reported fiscal Q2 earnings and sales that exceeded analysts estimates and slightly lifted its sales forecast for fiscal 2014. The guidance for earnings per share was unchanged. And, shares in ethernet company Extreme Networks ( EXTR ) were down 14%. The stock was lower after the company posted Q2 adjusted profit and revenue that missed analysts forecasts and gave Q3 EPS guidance below The Street view. Finally, Radcom ( RDCM ), which provides quality assurance and methods of measuring customer experience for telecommunications companies, said it swung to a profit in Q4 with non-GAAP net income of $187,000, or $0.02 per share, compared with a loss of $58,000, or $0.01 a year ago. Revenues rose 20% to $5.7 million, while operating expenses declined 6% to $3.3 million. Analyst estimates weren't available. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Earnings Reaction History: Automatic Data Processing, Inc., 25.0% Follow-Through Indicator, 1.3% Sensitive Expected Earnings Release: 02/05/2014, Premarket Avg. Extended-Hours Dollar Volume: $1,240,116 Automatic Data Processing, Inc. ( ADP ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in ADP indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 25% Average next regular session additional gain: 0.3% Over the prior three fiscal years (12 quarters), when shares of ADP rose in the extended-hours session in reaction to its earnings announcement, history shows that 25.0% of the time (1 event) the stock posted additional gains in the following regular session by an average of 0.3%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 75% Average next regular session additional loss: 0.8% Over that same historical period, when shares of ADP dropped in the extended-hours in reaction to its earnings announcement, history shows that 75.0% of the time (3 events) the stock dropped further, adding to the extended-hours losses by an average of 0.8% by the following regular session close. Data provided by the MT Pro service at MTNewswires.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: ADP Posts Upbeat FQ2 Results"", ""Automatic Data Processing, Inc. Reports Q2 EPS of $0.78 vs $0.77 Est; Revenue of $2.98B vs $2.94B Est"", ""Earnings Scheduled For February 5, 2014""]" ADP,2014-02-06,52.9103,53.5503,52.6627,53.4517,"USMV, MRK, LMT, ADP: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI USA Minimum Volatility ETF (Symbol: USMV) where we have detected an approximate $50.8 million dollar inflow -- that's a 2.2% increase week over week in outstanding units (from 67,500,000 to 69,000,000). Among the largest underlying components of USMV, in trading today Merck & Co., Inc (Symbol: MRK) is off about 0.2%, Lockheed Martin Corp. (Symbol: LMT) is up about 1.1%, and Automatic Data Processing Inc. (Symbol: ADP) is higher by about 0.2%. The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $30.59 per share, with $35.58 as the 52 week high point - that compares with a last trade of $34.05. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-02-07,53.5977,53.9999,53.2732,53.9497,"Stock Market News for February 07, 2014 - Market News A drop in initial claims and encouraging results from Disney helped benchmarks achieve their best single-day performance since Dec 18. The gains somewhat offset weekly losses and Friday's session will be crucial to help benchmarks post a rare weekly gain. Consumer discretionary sector was the best performer for the day among the S&P industry groups. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) soared more than 188 points, or 1.2%, to finish yesterday's trading session at 15,628.53. The Standard & Poor 500 (S&P 500) too jumped 1.2% to close at 1,773.43. The tech-laden Nasdaq Composite Index was up by a decent 1.1% to end at 4,057.12. The fear-gauge CBOE Volatility Index (VIX) dropped 13.6% to settle at 17.23. Total volume on the New York Stock Exchange was 3.84 billion. For 73% stocks that gained on the NYSE, 24% stocks ended in the red. Investors were buoyed by news of a drop in initial claims, which comes after weaker-than-expected private job creations and ahead of nonfarm payroll data. The U.S. Department of Labor reported yesterday that the advance figure for seasonally adjusted initial claims dropped to 20,000 to 331,000 in the week ending Feb 1. The drop was also larger than consensus estimate of a decline to 334,000. This report was a big relief as it came after a disappointing national employment report from Automatic Data Processing, Inc. (NASDAQ: ADP ). The report stated 175,000 private jobs were added in January, lower than expectations of 189,000 job additions. Also, December's reading was revised downward, from 238,000 to 227, 000. January's les key nonfarm payroll data scheduled for release today. Also lifting the mood was robust earnings result from The Walt Disney Company (NYSE: DIS ). The popular entertainment company reported earnings per share of $1.04, ahead of the Zacks Consensus Estimate of 91 cents. The film studio division was a major gainer for the company, riding on the success of latest releases of ""Frozen"", and ""Thor-The Dark World"". The Studio Entertainment division jumped 28% year over year. Shares of Disney were up a significant 5.3% and led the gains among the 30 Dow components. Separately, European Central Bank's decision not to cut interest rates also helped the bullish mood. Major European indices had closed higher following this news, and the optimism spread to some extent to this side of the Atlantic as well. Consumer discretionary sector was the biggest gainer for the day among the S&P industry groups. The Consumer Discretionary Select Sector SPDRA (XLY) jumped 2.1%. Key stocks such as Comcast Corporation (NASDAQ: CMCSA ), Amazon.com Inc. (NASDAQ: AMZN ), McDonald's Corp. (NYSE: MCD ), Twenty-First Century Fox, Inc. (NASDAQ: FOXA ), priceline.com Incorporated (NASDAQ: PCLN ) and Time Warner Inc. (NYSE: TWX ) gained 1.2%, 2.4%, 1.5%, 1.4%, 1.3% and 0.3%, respectively. The gains could offset some of the weekly losses, but the benchmarks are still staring at weekly losses. So far this week, the Dow and S&P 500 are both down 0.5%, while the Nasdaq is down 1.1%. These losses were largely due to the drubbing markets were subjected to following weaker-than-expected domestic manufacturing data. The Institute for Supply management reported its January PMI had dropped 5.2 percentage points from December's adjusted reading of 56.5% to 51.2%. AUTOMATIC DATA (ADP): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report COMCAST CORP A (CMCSA): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report TWENTY-FST CF-A (FOXA): Free Stock Analysis Report MCDONALDS CORP (MCD): Free Stock Analysis Report PRICELINE.COM (PCLN): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-02-10,54.3747,54.4705,53.1835,53.6311,"[""Will Equifax Inc. (EFX) Disappoint This Earnings Season? - Analyst Blog Equifax Inc. ( EFX ) is set to report fourth-quarter fiscal 2013 results on Feb 12. Last quarter, it posted a positive surprise of 2.27%. Let us see how things are shaping up for this announcement. Factors to Consider This Past Quarter Equifax posted mixed third-quarter results with the bottom line beating the Zacks Consensus Estimate but the top line missing the same. Nonetheless, the company's revenues increased on a year-over-year basis aided by strong growth across its business segments. Equifax's focus on product innovation, broadening of data assets through acquisitions and continued share gains in North America are encouraging. We believe Equifax is well positioned to benefit from its leadership in important markets and strength in international markets. Given the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure, we see a gradual improvement in results. Moreover, an improving mortgage environment is a big positive for the stock. However, competition from Automatic Data Processing Inc. ( ADP ), Fiserv Inc. ( FISV ) and Moody's Corp. is a concern. Earnings Whispers? Our proven model does not conclusively show that Equifax is likely to beat earnings this quarter. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 to surpass earnings estimates. However, that is not the case here due to the following factors: Zacks ESP: The expected surprise prediction for Equifax is 0.00% since both the Most Accurate estimate and the Zacks Consensus Estimate stand at 91 cents per share. Zacks Rank: Equifax's Zacks Rank #2 (Buy) when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with Zacks Ranks #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Another Stock to Consider Here is another company, which you may want to consider as our model shows that it has the right combination of elements to post an earnings beat this quarter: Zillow, Inc. ( Z ), with Earnings ESP of +20.00% and a Zacks Rank #2. AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report ZILLOW INC (Z): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for February 11, 2014 C omputer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on February 11, 2014. A cash dividend payment of $0.57 per share is scheduled to be paid on February 28, 2014. Shareholders who purchased CPSI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.76% increase over the prior quarter. The previous trading day's last sale of CPSI was $64, representing a -7.91% decrease from the 52 week high of $69.50 and a 35.51% increase over the 52 week low of $47.23. CPSI is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CPSI's current earnings per share, an indicator of a company's profitability, is $2.96. Zacks Investment Research reports CPSI's forecasted earnings growth in 2014 as 11.76%, compared to an industry average of -4.5%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-02-11,53.3955,53.9557,53.3166,53.7821,"Insperity Beats on Q4 Earnings; Down Y/Y - Analyst Blog Insperity Inc. ( NSP ) reported adjusted earnings of 24 cents per share which came ahead of the Zacks Consensus Estimate by a penny. However, on a year-over-year basis, earnings were down 48.9%. Quarter Details Although Insperity's fourth-quarter revenues of $557.1 million increased 4.6% on a year-over-year basis, it lagged the Zacks Consensus Estimate of $561 million. The year-over-year improvement was attributed to higher average paid worksite employees. The company reported average client retention of 99% during the quarter. However, net hiring from its clients was low. Insperity's gross margins were down 141 basis points from the year-ago quarter to 16.2% primarily due to higher-than-anticipated healthcare costs. The company's operating expenses increased 7.1% from the year-ago quarter's costs related to training of Business Performance Advisors and the reform strategy regarding healthcare related costs. Operating margins came in at 1.2% compared to 2.9% in the year-ago period primarily due to higher operating expenses. Insperity's adjusted net income decreased from $11.9 million or 47 cents per share reported in the year-ago quarter to $6.2 million or 24 cents per share. Insperity exited the fourth quarter with cash, marketable securities and restricted cash of $277.7 million compared to $259.6 million in the previous quarter. The company has paid dividends of $17.4 million and repurchased shares worth $17.2 million during fiscal 2013. Guidance Insperity expects gross profit per worksite employee per month in the range of $247-$241 for first-quarter 2014 and $248-$258 for fiscal 2014. The company expects operating expenses in the range of $90.5-$91.5 million for the first quarter and $362.5 - $367.5 million for fiscal 2014. For fiscal 2014, Insperity expects its earnings per share in the range of $1.16 to $1.60, below the Zacks Consensus Estimate of $1.70 per share. Conclusion Insperity provides human resources as well as business solutions to small and medium business to help them perform better. The company reported mixed fourth-quarter results wherein the top line lagged the Zacks Consensus Estimate, but the bottom line scraped past the same. Margins were also impacted by higher-than-expected expenses. Nonetheless, we believe management's initiatives to expand the number of Business Performance Advisors and implement healthcare reform strategy will be beneficial in the long run. Moreover, the company's software-as-a-service and other adjacent business services are also gaining traction which are expected to improve the 2014 results. A debt-free balance sheet, share repurchases and dividend payouts are positives, but increasing expenses, stiff competition from Automatic Data Processing Inc. ( ADP ), Paychex Inc. ( PAYX ) and Manpower Group Inc. ( MAN ) are concerns. Currently, Insperity has a Zacks Rank #3 (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report MANPOWER INC WI (MAN): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-02-12,54.4398,54.6786,53.8866,54.4478,"[""Intuit Revises Q2 Guidance - Analyst Blog Due to late tax legislation, budget and debt agreements, and the 17-day government shutdown, Intuit ( INTU ) has lowered its second-quarter 2014 guidance. The company now expects a tax-revenue shift to the third quarter. Intuit expects second-quarter revenues to range between $775 and $780 million (previous guidance $890-$910 million). Non-GAAP earnings are expected in the range of 1 cent-2 cents (previous 25 cents-27 cents). Due to the shift in revenues, the third-quarter forecast will now be higher than previous estimates. During the first-quarter earnings release, Intuit projected third-quarter revenues of $2.245 billion to $2.290 billion, with earnings of $3.25 to $3.30, reflecting seasonally strong third-quarter guidance. Despite the company's downward revision of its second-quarter forecasts, Intuit reiterated the fiscal 2014 outlook. For fiscal 2014, the company expects revenues in the range of $4.440 to $4.525 billion, representing 6.0% to 8.0% growth. The Zacks Consensus Estimate for the period is pegged at $4.49 billion. Non-GAAP operating income is projected at $1.58-$1.61 billion, representing 7.0% to 10.0% growth. Non-GAAP earnings per share are expected to be between $3.52 and $3.60, reflecting 10.0% to 13.0% growth, significantly higher than the Zacks Consensus Estimate of $3.17 per share. This is reflective of Intuit's growing small and mid-sized business (SMB) exposure and the synergies from strategic acquisitions. The higher adoption rate of its cloud-based services and products is another positive factor. Moreover, the company's accelerated share buyback program would aid the bottom line. However, competition from leading payroll solution provider Paychex Inc. ( PAYX ) and Automatic Data Processing ( ADP ) in the SMB arena, seasonality of Intuit's tax business and the ongoing uncertainty in the economy concern us. Currently, Intuit has a Zacks Rank #3 (Hold). Investors may instead consider Lexmark International ( LXK ), which sports a Zacks Rank #1 (Strong Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report LEXMARK INTL (LXK): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Has Construction Stalled? 3 Solid Choices - Analyst Blog Construction spending increased by a mere 0.1% in December 2013, sharply lower than the 0.8% gain for the earlier month. This is significantly lower than the gains made last year and, at first glance, seems to suggest that activity in this sector seems to be slowing down. Engine of Employment The fact that construction is one of the most crucial sectors for the economy was borne out once again by this month's employment report. Construction added the highest number of jobs in January. The increase of 48,000 easily offset the decline of 22,000 in December. Residential and nonresidential building added 13,000 and 8,000 jobs respectively. Meanwhile nonspecialty trade conductors added 13,000 jobs. A report from Automatic Data Processing, Inc. ( ADP ), released a few days earlier had estimated that 25,000 jobs were added by private construction. The Prospects of Non-Residential Spending For 2013, the value of construction in the U.S. increased 4.8%. Spending on private construction increased by 8.5% for the year. The major contributor to private sector investment was residential construction, which grew by 18%. On the other hand, non-residential construction declined by 0.4% during the period. However, the prospects in this sector are far from gloomy. Reacting to the data, Ken Simonson, chief economist with the Associated General Contractors of America (AGC) said, \""Residential construction ended on a strong note in 2013 and should remain positive for at least the next several months. Meanwhile private non-residential spending appears to be poised for a rebound.\"" Lagged but Sustainable Demand Growth in investments on private non-residential construction usually lags behind the economy has a whole. A certain amount of growth has occurred in this area over the couple of years but there is more room for growth. Incidentally, a lot of this growth has happened in the energy and power sectors. The boom in the oil and gas sector could lead to an increase in private non-residential construction in the current year. This will include manufacturing plants, pipelines, railroads and natural gas fuelling stations. At the same time, communities located in areas where such activities are conducted can expect more housing, hotels and retail construction. According to the AGC, private non-residential spending should grow between 6 to 10% in 2014. Below we present three companies operating in the non-residential construction domain with a diverse set of interests and capabilities, each of which also have a good Zacks Rank. Quanta Services, Inc. Quanta Services, Inc. ( PWR ) provides infrastructure solutions, focusing on the natural gas and oil pipeline and electric power sectors. The company offers specialty contracting services, including design, installation and maintenance services. Quanta Services, Inc, holds a Zacks Rank #2 (Buy) and has expected earnings growth of 13.60%. The forward price-to-earnings ratios (P/E) for the current financial year (F1) is relatively high at 17.55. Fluor Corporation Fluor Corp. ( FLR ) provides professional services, including engineering, procurement, construction and maintenance. The company also offers project management services worldwide, across such diverse domains as oil and gas, petrochemicals and manufacturing. Currently the company holds a Zacks Rank #2(Buy) and has expected earnings growth of 9.60%. It has a P/E (F1) of 17.59. AECOM Technology Corporation Our third choice is AECOM Technology Corp. ( ACM ). The company offers technical and management services worldwide to governments as well as private clients. It is a provider of planning, consulting and design services for infrastructure, commercial housing, power and utility facilities. Besides a Zacks Rank #2 (Buy), AECOM Technology Corporation has expected earnings growth of 5.90%. It has a relatively higher P/E (F1) of 11.33. Recently released growth numbers indicate that the economy is now set for better times. This is being supported by repeated reductions of the Fed stimulus package. As the economy continues to pick up steam, these stock picks are in a position to leverage the gains accruing to the construction sector. AECOM TECH CORP (ACM): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FLUOR CORP-NEW (FLR): Free Stock Analysis Report QUANTA SERVICES (PWR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-02-13,54.2061,54.9487,54.1736,54.9024, ADP,2014-02-14,54.5681,55.1016,54.2457,54.9408,"Equifax Reports In-Line Earnings - Analyst Blog Equifax Inc. ( EFX ) reported fourth-quarter 2013 adjusted earnings per share from continuing operations of 91 cents, in line with the Zacks Consensus Estimate. Earnings were up 19.7% from the year-ago quarter. Quarter Details Equifax reported revenues of $578.5 million from continuing operations which increased 8% year over year but lagged the Zacks Consensus Estimate of $581 million. Revenues on adjusted basis (excluding the impact of the collection of certain reserved billion for 2012) came in at $571.3, up 7% year over year. The year-over-year revenue increase resulted from revenue growth in most of its business segments. Segment-wise, total U.S. Consumer Information Solutions (USCIS) adjusted revenues (excluding the impact of the collection of certain reserved billion for 2012) increased 12% on a year-over-year basis to $248.3 million. Among sub-segments, strong growth was recorded in the Consumer Financial Marketing Services segment (up 20%) and Online Consumer Information Solutions (up 12%), which more than offset the 1.0% revenue decline in the Mortgage Solutions Services. International revenues (including Europe, Canada and Latin America) grew 6% year over year to $131.5 million, primarily due to 15% growth in the Europe segment, followed by 5.0% growth in the Latin America segment which more than offset the 5% decline in revenues from Canada Consumer segment. Revenues from the Workforce Solutions segment flat on a year-over-year basis at $112.2 million, primarily due to a 7% decline in revenues from Verification Services which offset a 12% increase in revenues from Employer Services. North American Personal Solutions contributed $52.5 million to revenues, reflecting a 9% year-over-year improvement. North American Commercial Solutions generated $26.8 million of revenues, down 3% from the year-ago quarter. Adjusted operating margin (excluding collection of certain reserved billings and a resource realignment charge in 2013, and transaction-related expenses associated with the CSC Credit Services acquisition and the pension settlement in 2012) was 27.3% compared to 25.5% reported in the year-ago quarter. Margin performance was better in the Workforce Solutions segment and North America Personal Solutions which more than offset the margin contractions in USCIS, International and North America Commercial Solutions. Net income from continuing operations came in at $113.3 million or 91 cents per share compared to $92.6 million or 76 cents reported in the year-ago quarter. Balance Sheet Equifax exited the quarter with $235.9 million in cash and cash equivalents, compared to $131.9 million in the previous quarter. Total long-term debt (including current portion) stood at $1.44 billion. Management increased its dividend payment from 22 cents to 25 cents to be paid on Mar 14, 2014. Guidance Considering the recent domestic and international business activities, current foreign exchange rates and the expected slowdown in mortgage activities in the first half of 2014 management expects fiscal 2014 revenues in the range of $2.425 to $2.475 billion. The Zacks Consensus Estimate is pegged at $2.46 billion. The company expects its fiscal 2014 earnings per share to range between $3.75 and $3.89. The Zacks Consensus Estimate is pegged at $3.89. The company also provided revenue and earnings forecast for the first quarter of 2014. Revenues are expected to range between $575 million and $588 million, lower than the Zacks Consensus Estimate of $595 million. Earnings are forecasted between 84 cents and 88 cents. The Zacks Consensus Estimate is pegged at 88 cents. Our Take Equifax reported mixed fourth-quarter results. While Equifax's bottom line matched the Zacks Consensus Estimate, its top line fell short of the same. Nonetheless, the company's revenues increased on a year-over-year basis aided by strong growth across most its business segments. Management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America were encouraging. Given the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure, we see a gradual improvement in results. Moreover, improving mortgage environment could be a positive for the stock. However, stiff competition from Automatic Data Processing Inc. ( ADP ), Fiserv Inc. ( FISV ), Moody's Corp. ( MCO ) and uncertainty in the mortgage sector are concerns. Currently, Equifax has a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-02-18,54.9487,55.1608,54.5769,55.1016, ADP,2014-02-19,54.7752,55.4419,54.6864,54.86,"Technology Select Sector SPDR Fund Experiences Big Inflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Technology Select Sector SPDR Fund (Symbol: XLK) where we have detected an approximate $176.9 million dollar inflow -- that's a 1.3% increase week over week in outstanding units (from 383,655,897 to 388,555,897). Among the largest underlying components of XLK, in trading today Verizon Communications Inc (Symbol: VZ) is off about 0.3%, EMC Corp. (Symbol: EMC) is down about 0.1%, and Automatic Data Processing Inc. (Symbol: ADP) is higher by about 0.5%. The chart below shows the one year price performance of XLK, versus its 200 day moving average: Looking at the chart above, XLK's low point in its 52 week range is $29.10 per share, with $36.18 as the 52 week high point - that compares with a last trade of $36.18. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-02-20,54.9191,55.3886,54.6499,55.1154,"Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for February 21, 2014 E vertec, Inc. ( EVTC ) will begin trading ex-dividend on February 21, 2014. A cash dividend payment of $0.1 per share is scheduled to be paid on March 14, 2014. Shareholders who purchased EVTC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EVTC has paid the same dividend. The previous trading day's last sale of EVTC was $24.5, representing a -6.95% decrease from the 52 week high of $26.33 and a 28.21% increase over the 52 week low of $19.11. EVTC is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). EVTC's current earnings per share, an indicator of a company's profitability, is -$.33. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EVTC through an Exchange Traded Fund [ETF]? The following ETF(s) have EVTC as a top-10 holding: Market Vectors Latin America Small-Cap Index ETF ( LATM ). The top-performing ETF of this group is LATM with an decrease of -10.47% over the last 100 days. It also has the highest percent weighting of EVTC at 1.69%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-02-21,55.3136,55.4626,54.8363,54.8974,"Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for February 24, 2014 J ack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on February 24, 2014. A cash dividend payment of $0.22 per share is scheduled to be paid on March 12, 2014. Shareholders who purchased JKHY stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the prior quarter. The previous trading day's last sale of JKHY was $58.15, representing a -3.63% decrease from the 52 week high of $60.34 and a 53.43% increase over the 52 week low of $37.90. JKHY is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). JKHY's current earnings per share, an indicator of a company's profitability, is $2.29. Zacks Investment Research reports JKHY's forecasted earnings growth in 2014 as 10.93%, compared to an industry average of -5.7%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-02-24,54.9724,55.8146,54.8974,55.3275,"CSP Inc. (CSPI) Ex-Dividend Date Scheduled for February 25, 2014 C SP Inc. ( CSPI ) will begin trading ex-dividend on February 25, 2014. A cash dividend payment of $0.11 per share is scheduled to be paid on March 11, 2014. Shareholders who purchased CSPI stock prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of CSPI was $7.75, representing a -17.82% decrease from the 52 week high of $9.43 and a 52.26% increase over the 52 week low of $5.09. CSPI is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSPI's current earnings per share, an indicator of a company's profitability, is $.17. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-02-25,55.5266,55.6331,54.9487,55.4774,"DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for February 26, 2014 D ST Systems, Inc. ( DST ) will begin trading ex-dividend on February 26, 2014. A cash dividend payment of $0.3 per share is scheduled to be paid on March 14, 2014. Shareholders who purchased DST stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that DST has paid the same dividend. The previous trading day's last sale of DST was $94.49, representing a -1.42% decrease from the 52 week high of $95.85 and a 47.62% increase over the 52 week low of $64.01. DST is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). DST's current earnings per share, an indicator of a company's profitability, is $8.01. Zacks Investment Research reports DST's forecasted earnings growth in 2014 as 14.22%, compared to an industry average of 3.3%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-02-26,55.5129,55.8462,55.3334,55.7703,"Digimarc Corporation (DMRC) Ex-Dividend Date Scheduled for February 27, 2014 D igimarc Corporation ( DMRC ) will begin trading ex-dividend on February 27, 2014. A cash dividend payment of $0.11 per share is scheduled to be paid on March 10, 2014. Shareholders who purchased DMRC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that DMRC has paid the same dividend. The previous trading day's last sale of DMRC was $30.04, representing a -18.66% decrease from the 52 week high of $36.93 and a 68.29% increase over the 52 week low of $17.85. DMRC is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). DMRC's current earnings per share, an indicator of a company's profitability, is -$.1. For more information on the declaration, record and payment dates, visit the DMRC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-02-27,55.5573,56.1154,55.5425,55.9892, ADP,2014-02-28,56.1007,56.5267,55.6124,56.0346, ADP,2014-03-03,55.504,55.6084,54.9862,55.2328,"The well is running dry for big oil Opinion: Supply, efficiency and demand concerns weigh This is the beginning of the end for Big Oil, writes Jeff Reeves." ADP,2014-03-04,55.9725,56.5632,55.8777,56.5129, ADP,2014-03-05,56.1923,56.3216,55.8146,55.9892,"[""Asian ADRS Slip on Broad Economic Concerns After Disappointing ADP data Asian American Depositary Receipts fell on Wednesday amid broad concerns on the U.S. economy after a private survey showed companies added fewer jobs than forecast. U.S private-sector payrolls increased by 139,000 new jobs in February, according to payroll processor Automatic Data Processing ( ADP ), compared with an expected post of 158,000. January's job count was revised down to 127,000 from the previously reported 175,000. The Bank of New York Asian index of American depositary receipts slipped 0.5% to 143.77. Yongye International ( YONG ) fell 7.9% to $6.03 after saying a majority of shareholders didn't approve a proposal to go private. The fertilizer maker in September agreed to a takeover plan pending approval by a majority of shareholders. Other decliners included Country Style Restaurant Chain ( CCSC ), a quick service restaurant chain in China, down 5.8% to $10.32 and China Ming Yang Wind Power Group (MY US), a wind turbine maker, down 5.7% to $3.82. Semiconductor company Vimicro International ( VIMC ) gained 12.5% to $4.50 to be the best performing ADR on the day. Next best was Lentuo International ( LAS ), an automobile retailer, up 9.5% to $4.71, followed by marketing company SouFun (SUFN), which rose 9% to $91.55. All three are China-based entities. Some 10 of the 16 Japanese ADRs fell, with the largest decliner being semiconductor and component test system products company Advantest (ATE), down 2% to $10.41. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Winter Drags Down ADP Numbers - Ahead of Wall Street Wednesday, March 5, 2014 The market made a new all-time high Tuesday, reversing the prior day's Ukraine-centric sell-off and then some. The path of least resistance continues to be to the upside and today's soft jobs data from Automatic Data Processing ( ADP ) will likely do little to change that momentum as investors will put all the blame on the weather. Also on deck for release a little later is the February service sector ISM survey and the Fed's Beige Book in the afternoon. The ADP report showed outsized weakness in the services side of the economy and it will be interesting if we will see validation for that in today's ISM survey. Beyond this U.S jobs data, it is useful to point to this morning's positive PMI numbers out of Europe which follow the earlier strong Retail Sales data from the region. The growth momentum is particularly pronounced in Germany, but other countries like Italy, Spain and Ireland are also showing signs of improvement. This improving outlook for the region should help lessen pressure on the European Central Bank to ease monetary policy to spur growth and fight deflation. The ADP report showed February private-sector jobs tally at 139K tally relative to expectations of about 160K and downward revision to the January numbers. Weather appears to be the culprit in the ADP numbers as has persistently been the case with all economic data lately and is weighing on Q1 GDP growth expectations as well. Consensus expectation for the Friday's jobs report from the government's BLS is was for headline gains of about 150K. This report is pointing to downside risks to those estimates. This year's unusually cold and stormy winter has muddied all economic data and today's ADP and likely Friday's BLS numbers are just further continuation of that trend. The hope is that we will move past this phase once the Spring thaw arrives, putting economic data back on the pre-Winter trajectory. Stock market investors clearly believe in this weather narrative and that's why they have pushed stocks into record territory despite soft data. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-GOLD TRUST (GLD): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mentor Graphics Corporation (MENT) Ex-Dividend Date Scheduled for March 06, 2014 M entor Graphics Corporation ( MENT ) will begin trading ex-dividend on March 06, 2014. A cash dividend payment of $0.05 per share is scheduled to be paid on March 31, 2014. Shareholders who purchased MENT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over the prior quarter. The previous trading day's last sale of MENT was $22.37, representing a -7.98% decrease from the 52 week high of $24.31 and a 32.52% increase over the 52 week low of $16.88. MENT is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). MENT's current earnings per share, an indicator of a company's profitability, is $1.31. Zacks Investment Research reports MENT's forecasted earnings growth in 2015 as -1.81%, compared to an industry average of 9.3%. For more information on the declaration, record and payment dates, visit the MENT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Closing Update: S&P 500, Nasdaq Eke Out Small Gains in Choppy Session; Exxon Weighs on Dow Wall Street took a breather Wednesday following two days of extremely volatile trade, with stocks ending mixed in a choppy session after a new survey of private-sector hiring lagged Wall Street expectations. The S&P 500 climbed to a new, intra-day high early in today's session, building on yesterday's record close, but could not sustain the advance and finished slightly lower for the day. Blue-chips were weighed down by a nearly 3% decline for Exxon-Mobil ( XOM ) after the energy giant trimmed its spending forecast for the year. But the Nasdaq Composite index eked out a small gain, supported by shares of biotechnology and networking companies. Weather played havoc on attempts to measure U.S. economic conditions, leaving policy-makers at a loss of what's really happening around the country, the Federal Reserve said its latest Beige Book assessment issued this afternoon. The good news: Eight of the Fed's 12 member districts saw continued expansion in economic growth during the opening months of 2013, while the New York and Philadelphia regions recorded small gains, which they blamed on severe weather earlier this winter. Employment levels were improving \""gradually,\"" according to the Beige Book, so named because of the color of its printed cover. That improvement, however, may have been too gradual for investors looking for signs of private-sector hiring as measured by today's report by Automated Data Processing ( ADP ). The payroll-processing company said companies hired 139,000 new employees last month, trailing estimates looking for 158,000 new workers. January hiring levels also revised downward. Factory activity also declined in February, according to a pair of surveys released today. Commodities were mixed today. Gold for April delivery rose $2.40 to $1,340.20 per ounce while May silver added 6 cents to settle at $21.27 per ounce. May copper declined a penny, finishing at $3.20 per pound. Crude oil for April delivery settled $1.88 lower at $101.45 per barrel while April natural gas fell 14 cents today to finish at $4.52 per 1 million BTU. Here's where the U.S. markets stood at end-of-day: Dow Jones Industrial Average down 35.51 (-0.22%) to 16,360.37 S&P 500 down 0.1 (-0.01%) to 1,873.81 Nasdaq Composite Index up 6 (+0.14%) to 4,357.97 GLOBAL SENTIMENT Hang Seng Index down 0.34% Shanghai China Composite Index down 0.89% FTSE 100 Index down 0.71% UPSIDE MOVERS (+) MXWL, Climbs to 2-year high on heavy volume on speculation over a potential deal with Tesla Motors ( TSLA ), including positive comments Wednesday at Piper Jaffray. (+) ARWR, Deutsche Bank initiates coverage with a Buy rating and a price target of $45 a share. (+) PPHM, Presenting data from three preclinical studies highlighting its immuno-oncology and anti-viral potential of phosphatidylserine-targeting antibodies at an industry conference next week in Sante Fe, N.M. DOWNSIDE MOVERS (-) CSIQ, Q4 EPS of $0.39 miss by $0.13 per share. Revenue rises nearly 76% over year-ago levels but still comes up shy of $525.4 mln consensus. Guides Q1 revenue below Street view. (-) XOMA, Scraps work on its Gevokizumab drug candidate following disappointing Phase II testing results in patients with erosive osteoarthritis of the hand, although it will continue Phase III testing in patients with pyoderma gangrenosum. (-) CERE, Prices public offering of 20 million shares of its common stock at $1 apiece - a 28% discount to Tuesday's closing price. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-03-06,56.1007,56.3541,55.9301,56.212,"Stock Market News for March 06, 2014 - Market News Benchmarks finished Wednesday's trading session nearly flat as investors received discouraging economic reports. Modest expansion in economic conditions, greater-than-expected fall in ISM Services Index and dismal private sector hiring were overlooked as an outcome of the bitter winter season. Investors also remained focused on the recent developments in Ukraine. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) lost 0.2% to close Wednesday's trading session at 16,360.18. The Standard & Poor (S&P 500) declined marginally, by 0.01% to finish at 1873.81. However, the tech-laden Nasdaq Composite Index edged up 0.1% to 4,357.97. The fear-gauge CBOE Volatility Index (VIX) dropped 1.5% to settle at 13.89. Total volume on the New York Stock Exchange was 3.3 billion shares. Advancing stocks were outnumbered by declining stocks on the NYSE. For 47% stocks that advanced, 49% declined. On the domestic front, the Federal Reserve's Beige Book indicated that economic conditions expanded moderately in most of the 12 Federal Reserve Districts. However, New York and Philadelphia experienced a slight decline in economic activities, citing severe winter weather for their weakness. The rough weather affected retail sales and manufacturing activities in most part of the country. According to data from the Institute for Supply Management, its Non-Manufacturing Index for February has decreased 2.4 percentage points to 51.6% from January's reading of 54%. The fall was more than economists' expectation of a decrease to 53.8%. The ISM Employment gauge also tumbled to 47.5% in February from a three-year high of 56.4% in January. This was the first contraction in 25 months. Separately, a report from Automatic Data Processing, Inc. (NASDAQ: ADP ) showed private sector hiring was lesser than expected in February due to the harsh winter season. Private-sector jobs increased from 127,000 in January to 139,000 in February. However, this rise in jobs was much less than 205,000 in February, 2013. Investors also kept a close eye on the updates from Crimea, located in Southern Ukraine. Escalating political tension between Russia and Ukraine had resulted in the worst selloff in about a month on Monday. However, benchmarks bounced back on Tuesday after fears of confrontation between both the parties subsided. Eighteen of Dow's 30 components ended in the red yesterday. Exxon Mobil Corporation (NYSE: XOM ) led the fall as its shares plunged 2.8% to $93.80. The nation's biggest oil company said its production is likely to be flat this year. Delays in projects in Kazakhstan and Australia were cited to be the reason behind flat production estimate. Five out of ten sectors of the S&P 500 ended in green. Financial Select Sector SPDR (XLF) led the gains as the sector rose 1.1%. Top holdings from the sector such as Wells Fargo & Company (NYSE: WFC ), JPMorgan Chase & Co. (NYSE: JPM ), Berkshire Hathaway Inc. (NYSE:BRK-B), Bank of America Corporation (NYSE: BAC ) and Citigroup Inc. (NYSE: C ) increased 0.8%, 1.6%, 0.4%, 3.2% and 1.2%, respectively. Among the declining sectors, Energy Select Sector SPDR (XLE) led the decline as the sector fell 0.9%. Key stocks from the sector such as Chevron Corporation (NYSE: CVX ), Schlumberger Limited (NYSE: SLB ), Occidental Petroleum Corporation (NYSE: OXY ), ConocoPhillips (NYSE: COP ) and EOG Resources, Inc. (NYSE: EOG ) decreased 0.8%, 0.5%, 0.4%, 0.3% and 0.6%, respectively. AUTOMATIC DATA (ADP): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report CONOCOPHILLIPS (COP): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report EOG RES INC (EOG): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report OCCIDENTAL PET (OXY): Free Stock Analysis Report SCHLUMBERGER LT (SLB): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-03-07,56.4004,56.8561,56.291,56.5948,"[""MIND C.T.I. Ltd. (MNDO) Ex-Dividend Date Scheduled for March 10, 2014 M IND C.T.I. Ltd. ( MNDO ) will begin trading ex-dividend on March 10, 2014. A cash dividend payment of $0.24 per share is scheduled to be paid on March 26, 2014. Shareholders who purchased MNDO stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that MNDO has paid the same dividend. The previous trading day's last sale of MNDO was $2.31, representing a -1.32% decrease from the 52 week high of $2.34 and a 44.31% increase over the 52 week low of $1.60. MNDO is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). MNDO's current earnings per share, an indicator of a company's profitability, is $.11. For more information on the declaration, record and payment dates, visit the MNDO Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for March 10, 2014 C SG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on March 10, 2014. A cash dividend payment of $0.15 per share is scheduled to be paid on March 27, 2014. Shareholders who purchased CSGS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CSGS has paid the same dividend. The previous trading day's last sale of CSGS was $28.23, representing a -12.08% decrease from the 52 week high of $32.11 and a 48.11% increase over the 52 week low of $19.06. CSGS is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSGS's current earnings per share, an indicator of a company's profitability, is $1.57. Zacks Investment Research reports CSGS's forecasted earnings growth in 2014 as -5.73%, compared to an industry average of 3.2%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CSGS through an Exchange Traded Fund [ETF]? The following ETF(s) have CSGS as a top-10 holding: PowerShares DWA Utilities Momentum Portfolio ( PUI ). The top-performing ETF of this group is PUI with an increase of 8.44% over the last 100 days. It also has the highest percent weighting of CSGS at 1.41%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-03-10,56.6204,56.7072,56.0266,56.3393,"[""UPDATE: Stifel Reiterates on Automatic Data Processing Following Management Meetings"", ""UPDATE: Stifel Reiterates on Automatic Data Processing Following Management Meetings"", ""UPDATE: Stifel Reiterates on Automatic Data Processing Following Management Meetings""]" ADP,2014-03-11,56.2644,56.5198,55.9093,56.1154, ADP,2014-03-12,56.0119,56.3709,55.8128,56.3127, ADP,2014-03-13,56.3777,56.5069,55.5887,55.8048,"Equifax Shares Hit 52-Week High - Analyst Blog Shares of Equifax Inc. ( EFX ) hit a new 52-week high of $72.00 on Mar 12, eventually closing at $71.96. The closing share price represents a one-year return of 27.4% and a year-to-date return of 5.1%. Some of the optimism surrounding the stock can be attributed to the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure, which is witnessing a gradual uptick. Moreover, improving mortgage environment could be a positive for the stock. Moreover, management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America were encouraging. Apart from this, Equifax has been entering into partnerships to expand its product portfolio and boost market share. We remain encouraged by the company's initiative to return cash to shareholders in the form of dividends. Management increased the quarterly cash dividend by 14%. Additionally, Equifax delivered mixed fourth-quarter results. While Equifax's bottom line matched the Zacks Consensus Estimate, the top line fell short of the same. However, the company's revenues increased on a year-over-year basis aided by strong growth across most its business segments. The company also provided revenue and earnings forecast for the first quarter of 2014. Revenues are expected to range between $575 million and $588 million, while the Zacks Consensus Estimate stands at $583 million. Earnings are forecasted between 84 cents and 88 cents. The Zacks Consensus Estimate is pegged at 87 cents. Moreover, the company expects to achieve 6% to 8% core growth during 2015. Improvement in the mortgage market and strategic acquisitions is also expected to be the growth catalysts for the company. However, stiff competition from Automatic Data Processing Inc. ( ADP ) and Fiserv Inc. ( FISV ), and uncertainty in the mortgage sector are the near-term concerns. Currently, Equifax carries a Zacks Rank #3 (Hold). Investors can consider a better-ranked stock like Micron ( MU ) which sports a Zacks Rank #1 (Strong Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MICRON TECH (MU): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-03-14,56.2063,56.4024,55.6775,56.212,"Computer Task Group, Incorporated (CTG) Ex-Dividend Date Scheduled for March 17, 2014 C omputer Task Group, Incorporated ( CTG ) will begin trading ex-dividend on March 17, 2014. A cash dividend payment of $0.06 per share is scheduled to be paid on April 01, 2014. Shareholders who purchased CTG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the prior quarter. The previous trading day's last sale of CTG was $16.55, representing a -36.61% decrease from the 52 week high of $26.11 and a 21.96% increase over the 52 week low of $13.57. CTG is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CTG's current earnings per share, an indicator of a company's profitability, is $.93. Zacks Investment Research reports CTG's forecasted earnings growth in 2014 as 1.09%, compared to an industry average of 17%. For more information on the declaration, record and payment dates, visit the CTG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-03-17,56.4804,56.9014,56.3275,56.8946,"[""Intersections, Inc. (INTX) Ex-Dividend Date Scheduled for March 18, 2014 I ntersections, Inc. ( INTX ) will begin trading ex-dividend on March 18, 2014. A cash dividend payment of $0.2 per share is scheduled to be paid on April 03, 2014. Shareholders who purchased INTX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that INTX has paid the same dividend. The previous trading day's last sale of INTX was $6.46, representing a -41.8% decrease from the 52 week high of $11.10 and a 14.95% increase over the 52 week low of $5.62. INTX is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). INTX's current earnings per share, an indicator of a company's profitability, is $.2. For more information on the declaration, record and payment dates, visit the INTX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Moves Up In Market Cap Rank, Passing Target In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Automatic Data Processing Inc. (Symbol: ADP) has taken over the #113 spot from Target Corp (Symbol: TGT), according to The Online Investor . Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company's stock. Many beginning investors look at one stock trading at $10 and another trading at $20 and mistakenly think the latter company is worth twice as much - that of course is a completely meaningless comparison without knowing how many shares of each company exist. But comparing market capitalization (factoring in those share counts) creates a true \""apples-to-apples\"" comparison of the value of two stocks. In the case of Automatic Data Processing Inc. (Symbol: ADP), the market cap is now $37.82 billion, versus Target Corp (Symbol: TGT) at $37.72 billion. Below is a chart of Automatic Data Processing Inc. versus Target Corp plotting their respective size rank within the S&P 500 over time (ADP plotted in blue; TGT plotted in green): Below is a three month price history chart comparing the stock performance of ADP vs. TGT: Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers - much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV's). This can have a direct impact on which mutual funds and ETFs are willing to own the stock. For instance, a mutual fund that is focused solely on Large Cap stocks may for example only be interested in those companies sized $10 billion or larger. Another illustrative example is the S&P MidCap index which essentially takes the S&P 500 index and \""tosses out\"" the biggest 100 companies so as to focus solely on the 400 smaller \""up-and-comers\"" (which in the right environment can outperform their larger rivals). So a company's market cap, especially in relation to other companies, carries great importance, and for this reason we at The Online Investor find value to putting together these rankings daily. According to the ETF Finder at ETF Channel, ADP and TGT collectively make up 3.66% of the Proshares S&P 500 Aristocrats ETF ( NOBL ) which is up by about 0.9% on the day Monday. At the closing bell, ADP is up about 1.2%, while TGT is up about 0.5% on the day Monday. The 20 Largest U.S. Companies By Market Capitalization \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-03-18,56.8087,57.292,56.7417,57.2536,"Convergys Corporation (CVG) Ex-Dividend Date Scheduled for March 19, 2014 C onvergys Corporation ( CVG ) will begin trading ex-dividend on March 19, 2014. A cash dividend payment of $0.06 per share is scheduled to be paid on April 04, 2014. Shareholders who purchased CVG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that CVG has paid the same dividend. The previous trading day's last sale of CVG was $20.8, representing a -14.86% decrease from the 52 week high of $24.43 and a 38.21% increase over the 52 week low of $15.05. CVG is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CVG's current earnings per share, an indicator of a company's profitability, is $.99. Zacks Investment Research reports CVG's forecasted earnings growth in 2014 as 16.07%, compared to an industry average of 12.6%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-03-19,57.3225,57.3225,56.3945,56.7506,"[""Evolving Systems, Inc. (EVOL) Ex-Dividend Date Scheduled for March 20, 2014 E volving Systems, Inc. ( EVOL ) will begin trading ex-dividend on March 20, 2014. A cash dividend payment of $0.1 per share is scheduled to be paid on March 31, 2014. Shareholders who purchased EVOL stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EVOL has paid the same dividend. The previous trading day's last sale of EVOL was $9.16, representing a -19.22% decrease from the 52 week high of $11.34 and a 70.26% increase over the 52 week low of $5.38. EVOL is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). EVOL's current earnings per share, an indicator of a company's profitability, is $.33. Zacks Investment Research reports EVOL's forecasted earnings growth in 2014 as -32.43%, compared to an industry average of 15.7%. For more information on the declaration, record and payment dates, visit the EVOL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for March 20, 2014 C omputer Sciences Corporation ( CSC ) will begin trading ex-dividend on March 20, 2014. A cash dividend payment of $0.2 per share is scheduled to be paid on April 18, 2014. Shareholders who purchased CSC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that CSC has paid the same dividend. The previous trading day's last sale of CSC was $63.22, representing a -1.37% decrease from the 52 week high of $64.10 and a 49.02% increase over the 52 week low of $42.43. CSC is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSC's current earnings per share, an indicator of a company's profitability, is $5.11. Zacks Investment Research reports CSC's forecasted earnings growth in 2014 as 33.18%, compared to an industry average of 2.8%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CSC through an Exchange Traded Fund [ETF]? The following ETF(s) have CSC as a top-10 holding: PowerShares DWA Technology Momentum Portfolio ( PTF ). The top-performing ETF of this group is PTF with an increase of 5.93% over the last 100 days. It also has the highest percent weighting of CSC at 2.56%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-03-20,56.4301,56.9143,56.291,56.786, ADP,2014-03-21,57.5031,57.5464,56.1776,56.3561,"Can Paychex (PAYX) Surprise This Earnings Season? - Analyst Blog Paychex Inc. ( PAYX ) is expected to report third-quarter fiscal 2014 results after the market closes on March 26. In the last quarter, it delivered +2.38% earnings surprise. Let's see how things are shaping up for this announcement. Factors to Consider Paychex provides payroll and human resource (HR) outsourcing services to small and medium-sized businesses (SMBs). Its offerings include comprehensive payroll services, including payroll processing, payroll tax administration and employee pay services. We remain encouraged by the company's investments in product development and focus on building its sales force to support revenue growth. In our view, the company's expansionary initiatives through joint ventures and acquisitions should bode well for its long-term growth strategy. Product launches are also expected to provide additional support. Moreover, Paychex's focus on SMBs looking for HR solutions could provide the company with opportunities. However, unfavorable interest rates and stiff competition from Automatic Data Processing ( ADP ) and Insperity ( NSP ) remain the possible headwinds for the company. Earnings Whispers? Our proven model does not conclusively show that Paychex is likely to beat earnings estimate this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate currently stand at 42 cents. Thus, the ESP is 0.00%. Zacks Rank: Paychex carries a Zacks Rank #3 (Hold) which when combined with a 0.00% ESP makes surprise predictions difficult. We caution against stocks with Zacks Ranks #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum. Another company that you may want to consider as our model shows that it has the right combination of elements to post an earnings beat is: Carnival Corp. ( CCL ), Earnings ESP of +25.0 % and a Zacks Rank #2 (Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report CARNIVAL CORP (CCL): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-03-24,56.4389,56.5366,55.2042,55.4153, ADP,2014-03-25,55.5887,56.0613,55.3008,55.582,"VGT, EBAY, HPQ, ADP: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Information Technology ETF (Symbol: VGT) where we have detected an approximate $36.6 million dollar inflow -- that's a 0.7% increase week over week in outstanding units (from 56,042,244 to 56,442,244). Among the largest underlying components of VGT, in trading today eBay Inc. (Symbol: EBAY) is up about 0.6%, Hewlett-Packard Co (Symbol: HPQ) is up about 2.1%, and Automatic Data Processing Inc. (Symbol: ADP) is higher by about 0.9%. The chart below shows the one year price performance of VGT, versus its 200 day moving average: Looking at the chart above, VGT's low point in its 52 week range is $68.74 per share, with $93.30 as the 52 week high point - that compares with a last trade of $92.40. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-03-26,55.8886,55.9952,55.2328,55.2328,"Amdocs Limited (DOX) Ex-Dividend Date Scheduled for March 27, 2014 A mdocs Limited ( DOX ) will begin trading ex-dividend on March 27, 2014. A cash dividend payment of $0.155 per share is scheduled to be paid on April 17, 2014. Shareholders who purchased DOX stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 19.23% increase over the prior quarter. The previous trading day's last sale of DOX was $46.26, representing a -1.26% decrease from the 52 week high of $46.85 and a 35.77% increase over the 52 week low of $34.07. DOX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DOX's current earnings per share, an indicator of a company's profitability, is $2.54. Zacks Investment Research reports DOX's forecasted earnings growth in 2014 as 7.51%, compared to an industry average of 17.9%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: Market Vectors Israel ETF ( ISRA ) First Trust Technology AlphaDEX ( FXL ). The top-performing ETF of this group is ISRA with an increase of 13.15% over the last 100 days. It also has the highest percent weighting of DOX at 4.71%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-03-27,55.1253,55.6094,54.7623,55.576,"[""Paychex's Q3 Earnings Beat Estimates - Analyst Blog Shares of Paychex Inc. ( PAYX ) increased 3.39% in after-hours trade after the company reported third-quarter 2014 earnings of 44 cents per share beating the Zacks Consensus Estimate by a couple of cents. On a year-over-year basis, reported earnings per share increased 10.4%. Quarter Details Paychex reported total revenue (including Interest on funds held for clients) of $636.5 million for the quarter which not only increased 7.3% from the year-ago period but also came ahead of the Zacks Consensus Estimate of $627.0 million. Excluding Interest on funds held for clients, which was down 3.7% on a year-over-year basis, total services revenues (Payroll service and Human Resource Services) increased 7.5% from the year-ago quarter to $626.0 million. Interest on funds held for clients was down due to lower average interest rates earned and lower net realized gains, which more than offset the increase in average investment balances. Payroll Service segment revenues increased 5.1% from the year-ago period to $413.9 million primarily driven by higher checks per payroll and revenue per check. Checks per payroll increased 1.0% from the year-ago quarter. The company witnessed modest growth in revenue per check on the back of price increases and higher adoption of Paychex's products. Buoyed by growth in client base in the retirement services, HR Solutions and eServices products, Paychex's Human Resource Services segment generated revenues of $212.1 million, which increased 12.4% from the year-ago quarter. Paychex's total expenses increased 4.8% from the year-ago quarter to $385.8 million, primarily due to compensation-related expenses. Moreover, higher expenses related to investment in product development and supporting technology and higher sales-related costs were responsible for the rise in expenses. Nonetheless, total expenses as a percentage of total revenue decreased 147 basis points (bps) on a year-over-year basis due to higher revenue base. Paychex reported operating income of $250.7 million, up 11.4% from the year-ago period, attributable to modest revenue growth supported by better cost management and capacity utilization. Operating margin was 39.4% versus 37.9% in the year-ago quarter. Excluding Interest on funds held for clients, Paychex's operating income came in at $240.2 million or 38.4% of total services revenue which increased from $214.1 million or 36.8% of total services revenue. Net income for Paychex increased 10.8% from the year-ago quarter to $160.1 million or 44 cents per share while net margins expanded 77 bps on a year-over-year basis. Balance Sheet & Cash Flow Paychex exited the quarter with cash and cash equivalents of $271.3 million versus $213.0 million at the end of the previous quarter. Corporate investments were $314.4 million compared with $250.4 million in the previous quarter. Paychex has no long-term debt. During the third quarter, Paychex repurchased 1.1 million shares for approximately $43.9 million. Year-to-date, the company generated operating cash flow of $705.8 million. Guidance Paychex reiterated its outlook for fiscal 2014. Management expects 3-4% increase in Payroll Service revenues from the year-ago period. Human Resource Services revenues are expected to increase in the range of 10.0% to 11.0%. Total service revenue is expected to increase in the range of 5-6%. Interest on funds held for clients and investment income for fiscal 2014 are expected to be affected by low interest rate. However, investment of cash generated from operations is expected to persist, thus increasing investment income. Net operating income as a percentage of service revenues is expected to be 38.0% for fiscal 2014. The effective income tax rate for fiscal 2014 is expected in the range of 36-37%. Management expects net income to increase in the range of 9% to 10% (previous guidance was 8% to 9%). Our Take Paychex reported better-than-expected third-quarter results primarily boosted by modest revenue growth and margin expansion. Moreover, Paychex's reiteration of its fiscal 2014 outlook signifies that it is relatively well-paced amid the current macroeconomic sluggishness. Moreover, we remain encouraged by management's positive commentary regarding continued investments in product development and focus on building its sales force to support revenue growth. We also believe the company's expansionary initiatives through joint ventures and acquisitions should bode well for its long-term growth strategy. Product launches are also expected to provide additional support. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide the company with opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ( ADP ) and Insperity ( NSP ) remain the possible headwinds for the company. Currently, Paychex has a Zacks Rank #2 (Buy). Investors can also consider Lexmark International ( LXK ), which carries a Zacks Rank #1 (Strong Buy). AUTOMATIC DATA (ADP): Free Stock Analysis Report LEXMARK INTL (LXK): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for March 28, 2014 M onotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on March 28, 2014. A cash dividend payment of $0.08 per share is scheduled to be paid on April 21, 2014. Shareholders who purchased TYPE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 33.33% increase over the prior quarter. The previous trading day's last sale of TYPE was $29.88, representing a -10.14% decrease from the 52 week high of $33.25 and a 38.59% increase over the 52 week low of $21.56. TYPE is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). TYPE's current earnings per share, an indicator of a company's profitability, is $.78. Zacks Investment Research reports TYPE's forecasted earnings growth in 2014 as 2.78%, compared to an industry average of 2.3%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-03-28,55.8205,56.2969,55.502,55.7761, ADP,2014-03-31,55.9123,56.2654,55.6548,56.0039, ADP,2014-04-01,55.8522,56.1993,55.5543,56.1776, ADP,2014-04-02,56.1075,56.4615,56.0039,56.2969, ADP,2014-04-03,56.5228,56.5366,55.8285,56.0829,"[""Stock Market News for April 03, 2014 - Market News The S&P closed at another record high yesterday boosted by encouraging private-sector hiring numbers. The benchmarks' finish in the green was also aided by an increase in factory orders in February. This was the fourth-straight day of gains for the benchmarks. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) gained 0.2% to close Wednesday's trading session at 16,573.00. The Standard & Poor (S&P 500) rose 0.3% to finish at 1,890.90. The tech-laden Nasdaq Composite Index went up 0.2% to 4,276.46. The fear-gauge CBOE Volatility Index (VIX) dropped 0.1% to settle at 13.09. Total volume for the day was roughly 6.2 billion shares, lower than this month's average of 6.5 billion. Declining stocks were outnumbered by advancing stocks on the NYSE. For 41% stocks that declined, 55% advanced. Markets ended higher on Wednesday following promising economic numbers. The national employment report from Automatic Data Processing, Inc. (NASDAQ: ADP ) showed private sector hiring improved in March. The report stated 191,000 private jobs were added in March. This was lower than expectations of 193,000 job additions. However, the figure was more than February's revised figure of 178,000, up from January's reading of 139,000. March's job additions were also the most in the last three months. 175,000 jobs were added in January, followed by 178,000 in February. Investors now eagerly await nonfarm payroll data scheduled for release this Friday. Total non-farm payroll accounts for approximately 80% of the workers who produce the entire GDP of the United States. Before that, the Department of Labor will release weekly initial claims data on Thursday. Investors were also buoyed by encouraging factory orders data. According to the U.S. Department of Commerce, new orders for manufactured goods increased 1.6% in February. This was above the consensus estimate of 1.1%. This reading follows a decrease of 1% in January. January's figure was revised from the previous estimate of a 0.7% decline. However, excluding transportation new orders increased 0.7% in February. Separately, unfilled orders, shipments and inventories data were up 0.3%, 0.8% and 0.8%, respectively. These reports came a day after data suggested manufacturing conditions had improved in March. On Tuesday, the Institute for Supply management reported that March PMI increased 0.5 percentage points to 53.7% from February's reading of 53.2%. The rise in such a key index of the world's largest economy immediately boosted investor sentiment. Also, the New Orders Index advanced 0.6 percentage point from February to 55.1% in March. Nine out of 10 sectors of the S&P 500 ended in the green. The Materials Select Sector SPDR (XLB) and the Industrial Select Sector SPDR (XLI) led the gains as both the sectors increased 0.7%. Key stocks from the Materials sector such as E. I. du Pont de Nemours and Company (NYSE: DD ), The Dow Chemical Company (NYSE: DOW ), Monsanto Company (NYSE: MON ), LyondellBasell Industries NV (NYSE: LYB ) and Praxair Inc. (NYSE: PX ) rose 0.5%, 0.4%, 0.8%, 1.7% and 0.4%, respectively. Major holdings from the Industrial sector such as General Electric Company (NYSE: GE ), United Technologies Corp. (NYSE: UTX ), Union Pacific Corporation (NYSE: UNP ), Honeywell International Inc. (NYSE: HON ) and United Parcel Service, Inc. (NYSE: UPS ) advanced 0.7%, 1.7%, 0.3%, 0.7% and 0.7%, respectively. AUTOMATIC DATA (ADP): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report DOW CHEMICAL (DOW): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report HONEYWELL INTL (HON): Free Stock Analysis Report LYONDELLBASEL-A (LYB): Free Stock Analysis Report MONSANTO CO-NEW (MON): Free Stock Analysis Report PRAXAIR INC (PX): Free Stock Analysis Report UNION PAC CORP (UNP): Free Stock Analysis Report UTD PARCEL SRVC (UPS): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ACN Named Top 25 Socially Responsible Dividend Stock Accenture plc (Symbol: ACN) has been named a Top 25 Socially Responsible Dividend Stock by Dividend Channel , signifying a stock with above-average ''DividendRank'' statistics including a strong 2.3% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society - for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel , Accenture plc is a member of both the iShares MSCI USA ESG Select Social Index Fund ETF ( KLD ), making up 1.65% of the underlying holdings of the fund, as well as the iShares MSCI KLD 400 Social Index Fund ETF ( DSI ), where ACN makes up 0.76% of the underlying holdings of the fund. The annualized dividend paid by Accenture plc is $1.86/share, currently paid in semi-annual installments, and its most recent dividend ex-date was on 04/09/2014. Below is a long-term dividend history chart for ACN, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. ACN operates in the Information Technology Services sector, among companies like International Business Machines Corp. ( IBM ), and Automatic Data Processing Inc. ( ADP ). Top 25 Socially Responsible Dividend Stocks - Income To Feel Good About \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-04-04,56.1381,56.3777,54.9191,54.9577,"Dow 30 Stock Roundup: Microsoft Gains on Office for iPad, Boeing Wins Big Orders - Analyst Blog The Dow made significant gains this week, riding on strong economic data. Consumer spending and manufacturing data came in positive. Meanwhile, the ADP report revealed that private sector hiring had improved in March. The Fed also reiterated its policy of continued support to the economy. Thursday was the only day when investors remained cautious, ahead of crucial nonfarm payroll data. During the first four trading days, the Dow moved up 0.70%. Last Week's Performance The Dow gained 0.4%, boosted by encouraging consumer spending data. Personal consumption expenditure increased 0.3% in February. This was in line with consensus expectation and also with the rate of growth in January. Disposable personal income too increased 0.3% in February, up from 0.2% increase in January. The launch of Microsoft Office on iPads propelled the Dow to end in the green. For the week, the Dow ended 0.1% higher. Conversely, the S&P 500 and the Nasdaq Composite Index ended the week in the red due to a drop in bio-tech stocks. Declines in financial and material sectors also dragged the markets lower. Throughout the week, escalating tension over Crimea kept the mood jittery. The Dow This Week The blue chip index gained 0.8% on Monday buoyed by Fed Chair Janet Yellen's comment that the central bank will maintain its ""extraordinary commitment"" to support the economy for some more time. Investor sentiment received a further boost from the possibility that the ECB will begin a monetary stimulus program to counter effects of deflation in the Eurozone. The Dow lost 0.7% during the first quarter of 2014, but gained 0.7% over last month. Markets finished in the green on Tuesday following encouraging manufacturing data. March PMI increased 0.5 percentage points to 53.7%. Better-than-expected new-vehicle sales for March also boosted investor sentiment. This was the third-straight day of gains for the markets. Total vehicle sales increased to an annualized rate of 16.4 million in March. Consequently, the Dow gained 0.5%. The Dow gained once again on Wednesday, by 0.2%, boosted by encouraging private-sector hiring numbers. The ADP ( ADP ) report showed private sector hiring improved in March. Benchmarks' finish in the green was also aided by an increase in factory orders in February. New orders for manufactured goods increased 1.6% in February. This was the fourth-straight day of gains for the benchmarks. The blue chip index ended nearly flat on Thursday, as investors adopted a wait-and-see approach ahead of Friday's nonfarm payroll data. Economic data came in mixed, hardly impacting the cautious stance of investors. Reports revealed that the service sector situation had improved while weekly jobless claims and the U.S. trade deficit had increased. Benchmarks snapped a four-day winning streak and ended lower. Components which Moved the Index Microsoft Corporation ( MSFT ) gained 2.4% last Friday after announcing Thursday that it was bringing Microsoft Office to the iPad. All individual apps such as Word, Excel and Powerpoint can be installed free of cost. However, this only allows you to read documents. An Office 365 subscription will be required to edit and create documents. The company also spoke of shifting its focus from Windows. The stock was the biggest gainer among the Dow components for the day. The Boeing Co. ( BA ) has won a sizable firm order from Canada's largest airline, Air Canada, for a total of 61 Boeing single-aisle jets, worth $6.5 billion at list prices. The contract includes the delivery of 33 737 Max 8 and 28 737 MAX 9 jets, with Air Canada having options and rights on an additional 48 aircraft. A couple of big orders from Japanese airline operators further boosted the order book of the company. The combined value of the orders at list prices comes to a whopping $14.1 billion. The larger order among the two, worth $13.1 billion came from Boeing's old Japanese customer All Nippon Airways (""ANA""). Another order worth $1.3 billion came from Japan Transocean Air for 12 Next-Generation 737-800 airplanes. In its first quarter of 2014, Boeing delivered 161 airplanes, approximately 17.5% higher than the year-ago number. JPMorgan Chase & Co. ( JPM ) continues to face legal hassles pertaining to 'London Whale' trading loss of $6.2 billion. U.S. District Judge George Daniels upheld the case filed by shareholders, which accused the company of covering up the risks related to derivative transactions. Daniels stated that shareholders can pursue the case against JPMorgan Chief Executive (CEO) Jamie Dimon and former Chief Financial Officer (CFO) Douglas Braunstein for misrepresenting the facts about the company's risk management capabilities. The Goldman Sachs Group, Inc. ( GS ) is in talks with IMC Financial Markets to vend its floor-trading business that operates in the New York Stock Exchange (NYSE). However, the company will continue to serve as a brokerage firm providing liquidity electronically for the NYSE-listed stocks. Meanwhile, Goldman Sachs and some of the world's top cable producing firms have been slammed with a total fine of €301.6 million by the European Union (EU) regulators. The companies were fined on the basis of investigations which revealed that these deliberately operated an illegal cable cartel for nearly 10 years since 1999. Chevron Corp 's ( CVX ) Myanmar subsidiary has been awarded exploration rights in Block A5 in the Rakhine basin, off the coast of Myanmar. The affiliate, Unocal Myanmar Offshore Co. Ltd, will have a 99% stake in the block and act as the operator. The remaining interest will be held by a Myanmar-based firm, Royal Marine Engineering. The block is situated about 125 miles northwest of Yangon and spread across 2.6 million acres. Performance of the Top 10 Dow Companies The table given below shows the price movements of the 10 largest components of the Dow, which is a price weighted index, over the last five days and during the last six months. Over the last five trading days, the Dow has gained 1.71%. Ticker Last 5 Day'S Performance 6 Month Performance V +0.17% +12.88% IBM +0.36% +4.67% GS +1.57% +6.09% MMM +1.52% +14.02% BA +3.49% +9.88% CVX +0.83% +0.77% UTX +4.21% +14.87% XOM +1.32% +13.45% MCD +1.19% +3.13% CAT +3.37% +21.79% Next Week's Outlook: Nonfarm payroll data holds the key to a positive weekly finish and the unemployment rate is expected to decline. Next week is largely devoid of important economic reports. Weekly jobless claims and the producer price index are the only exceptions. The focus will now shift to the earnings season which will be officially kicked off by Alcoa next week. Profits are expected to fall across sectors, a result of the long and bitter winter season. The effect of weather on earnings will only be learnt next month. However, earnings may dictate market direction going forward. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> AUTOMATIC DATA (ADP): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report GOLDMAN SACHS (GS): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-04-07,55.0799,55.2279,54.3777,54.5612,"Automatic Data Processing (ADP) Shares Cross Below 200 DMA In trading on Monday, shares of Automatic Data Processing Inc. (Symbol: ADP) crossed below their 200 day moving average of $75.29, changing hands as low as $75.22 per share. Automatic Data Processing Inc. shares are currently trading off about 0.7% on the day. The chart below shows the one year performance of ADP shares, versus its 200 day moving average: Looking at the chart above, ADP's low point in its 52 week range is $63.54 per share, with $83.82 as the 52 week high point - that compares with a last trade of $75.31. According to the ETF Finder at ETF Channel, ADP makes up 2.61% of the SPDR Morgan Stanley Technology ETF (Symbol: MTK) which is trading lower by about 0.1% on the day Monday. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-04-08,54.6983,55.0484,54.4792,54.7683, ADP,2014-04-09,54.7062,55.0602,54.4054,55.003,"Daily Dividend Report: EPD, MCS, CAT, WAG, ADP Enterprise Products Partners ( EPD ) declared an increase in the quarterly cash distribution rate paid to partners to $0.71 per common unit, or $2.84 per unit on an annualized basis. The quarterly distribution will be paid on Wednesday, May 7, 2014, to unitholders of record as of the close of business on Wednesday, April 30, 2014. The Marcus Corporation ( MCS ) declared a regular quarterly cash dividend of $0.095 per share of common stock, an 11.8% increase from the prior dividend rate of $0.085 per share of common stock. The first dividend at the new rate will be paid May 15, 2014 to shareholders of record on April 25, 2014. Caterpillar ( CAT ) voted today to maintain the quarterly cash dividend of sixty cents ($0.60) per share of common stock, payable May 20, 2014, to stockholders of record at the close of business on April 21, 2014. Walgreen ( WAG ) declared a regular quarterly dividend of 31.5 cents per share, a 14.5 percent increase over the year ago dividend. The dividend is payable June 12, 2014, to shareholders of record May 21, 2014. And, ADP ( ADP ) has declared a regular quarterly dividend of 48 cents per share payable July 1, 2014 to shareholders of record on June 13, 2014. VIDEO: Daily Dividend Report: EPD, MCS, CAT, WAG, ADP The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-04-10,56.5986,56.6302,54.5217,54.5217,"[""ADP Reports Plan for Spin-Off of Dealer Services Unit, Expecting to Get At Least $700M 'in Tax-Free Manner'"", ""UPDATE: ADP Announces Plan for Spin-Off of Dealer Services Business"", ""Moody's Downgrades ADP from Aaa to Aa1; Outlook Stable"", ""Morning Market Movers"", ""S&P Downgrades ADP from AAA to AA; Outlook Stable"", ""S&P Downgrades ADP from AAA to AA; Outlook Stable"", ""Morning Market Movers"", ""Moody's Downgrades ADP from Aaa to Aa1; Outlook Stable"", ""UPDATE: ADP Announces Plan for Spin-Off of Dealer Services Business"", ""ADP Reports Plan for Spin-Off of Dealer Services Unit, Expecting to Get At Least $700M 'in Tax-Free Manner'"", ""Nasdaq 100 Movers: BBBY, CHRW In early trading on Thursday, shares of C.H. Robinson Worldwide ( CHRW ) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 1.9%. Year to date, C.H. Robinson Worldwide has lost about 7.5% of its value. And the worst performing Nasdaq 100 component thus far on the day is Bed, Bath & Beyond ( BBBY ), trading down 5.9%. Bed, Bath & Beyond is lower by about 20.4% looking at the year to date performance. Two other components making moves today are Alexion Pharmaceuticals ( ALXN ), trading down 4.0%, and Automatic Data Processing ( ADP ), trading up 1.8% on the day. VIDEO: Nasdaq 100 Movers: BBBY, CHRW The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) Ex-Dividend Date Scheduled for April 11, 2014 S CIENCE APPLICATIONS INTERNATIONAL CORPORATION ( SAIC ) will begin trading ex-dividend on April 11, 2014. A cash dividend payment of $0.28 per share is scheduled to be paid on April 30, 2014. Shareholders who purchased SAIC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that SAIC has paid the same dividend. At the current stock price of $39.03, the dividend yield is 2.87%. The previous trading day's last sale of SAIC was $39.03, representing a -2.13% decrease from the 52 week high of $39.88 and a 32.76% increase over the 52 week low of $29.40. SAIC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). Zacks Investment Research reports SAIC's forecasted earnings growth in 2015 as 26.87%, compared to an industry average of 20.2%. For more information on the declaration, record and payment dates, visit the SAIC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Leidos Holdings, Inc. (LDOS) Ex-Dividend Date Scheduled for April 11, 2014 L eidos Holdings, Inc. ( LDOS ) will begin trading ex-dividend on April 11, 2014. A cash dividend payment of $0.32 per share is scheduled to be paid on April 30, 2014. Shareholders who purchased LDOS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LDOS has paid the same dividend. At the current stock price of $37.06, the dividend yield is 3.45%. The previous trading day's last sale of LDOS was $37.06, representing a -24.64% decrease from the 52 week high of $49.18 and a 9% increase over the 52 week low of $34. LDOS is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). LDOS's current earnings per share, an indicator of a company's profitability, is $1.88. Zacks Investment Research reports LDOS's forecasted earnings growth in 2015 as 55.02%, compared to an industry average of 6.8%. For more information on the declaration, record and payment dates, visit the LDOS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""S&P Downgrades ADP from AAA to AA; Outlook Stable"", ""Morning Market Movers"", ""Moody's Downgrades ADP from Aaa to Aa1; Outlook Stable"", ""UPDATE: ADP Announces Plan for Spin-Off of Dealer Services Business"", ""ADP Reports Plan for Spin-Off of Dealer Services Unit, Expecting to Get At Least $700M 'in Tax-Free Manner'"", ""ADP downgraded by Moody's, S&P after spin-off news NEW YORK (MarketWatch) -- Automatic Data Processing Inc. was hit by ratings downgrades on Thursday after ADP said it plans to spin off its dealer-services business and focus on human-capital management. ADP had its issuer rating cut to \""Aa1\"" from \""Aaa\"" by Moody's Investors Service, while Standard & Poor's Ratings Services lowered its corporate credit rating on ADP to \""AA\"" from \""AAA.\"" Moody's said in a statement that the downgrade reflects ADP's increased credit risk due to the diminished scale of its operations and decreased diversification of its product portfolio. Moody's also noted that now Exxon Mobil Corp. , Microsoft Corp. and Johnson & Johnson are the only companies with \""Aaa\"" ratings in the U.S.""]" ADP,2014-04-11,54.1676,54.574,53.4162,53.4447, ADP,2014-04-14,53.9221,54.0493,53.1874,53.8108,"ADP Dips on Dealer Services Spin-Off Plan - Analyst Blog Shares of Automatic Data Processing ( ADP ) declined almost 2.0% ($1.49) to close at $73.73 on Apr 11, after the company announced its plans to spin-off the Dealer Services business into an independent publicly traded company. ADP expects the spin-off to be completed in the early part of the fourth quarter of 2014. The 100% tax-free spin-off will help ADP to focus more on its core Human Capital Management (HCM) business, going forward. Per management, the strong long-term growth prospect of automotive market will provide significant growth opportunities to the Dealer Services business. The transaction is expected to provide ADP at least $700.0 million, which it plans to use in buying back shares. ADP expects to keep the current quarterly cash dividend of 48 cents per share constant for the time being. Post the spin-off, the company expects to eventually raise its dividend payout ratio to 55.0-66.0%. Although the plan sounds shareholder-friendly, it did not go down well with credit rating agencies. The Standard & Poor's lowered ADP's credit rating from AAA to AA, primarily due to the company's plan of using the proceeds to buy back shares. Moody's( MCO ) Investor service decreased its rating to Aa1, citing lower scale and variety of ADP's product portfolio. The Dealer Services business segment provides marketing solutions to over 26,000 auto retailers, distributors and manufacturers. In the first six months of fiscal 2014, Dealer Services reported revenues of $957.0 million, which increased 7.2% on a year-over-year basis. On the other hand, Employer Services and PEO Services increased 8.5% and 13.0% to $4.06 billion and $1.04 billion, respectively, during the same period. For fiscal 2014, Employer Services revenues are expected to grow approximately 7%, while PEO Services revenues are expected to improve 12.0% to 13.0%. Dealer Services revenues are forecasted to increase 8.0% on a year-over-year basis. Improving payroll market remains a major positive for ADP, going forward. We believe ADP's strong market position in the HCM will further improve due to the spin-off, despite intensifying competition from the likes of Paychex Inc. ( PAYX ) and Equifax Inc. ( EFX ) . Moreover, aggressive share buyback will boost profitability, going forward. However, the reduced scale of operations will hurt results in the near term. Currently, ADP has a Zacks Rank #3 (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-04-15,53.856,54.4585,53.4941,54.4211, ADP,2014-04-16,54.8748,54.8748,54.1411,54.6766,"[""ADP Issues Release Recommending Holders Reject TRC Capital's Below-Market Price Mini-Tender Offer"", ""UPDATE: ADP Issues Release Recommending Holders Reject TRC Capital's Below-Market Price Mini-Tender Offer"", ""UPDATE: ADP Issues Release Recommending Holders Reject TRC Capital's Below-Market Price Mini-Tender Offer"", ""ADP Issues Release Recommending Holders Reject TRC Capital's Below-Market Price Mini-Tender Offer"", ""UPDATE: ADP Issues Release Recommending Holders Reject TRC Capital's Below-Market Price Mini-Tender Offer"", ""ADP Issues Release Recommending Holders Reject TRC Capital's Below-Market Price Mini-Tender Offer""]" ADP,2014-04-17,54.5375,55.4153,54.5109,55.3146, ADP,2014-04-21,54.9191,55.4063,54.9191,55.1332, ADP,2014-04-22,55.1845,55.5306,54.9133,55.3295,"[""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Dividend Yield""]" ADP,2014-04-23,54.9862,55.4813,54.9862,55.3008, ADP,2014-04-24,55.7002,55.8285,55.3225,55.5395,"Equifax Beats on Q1 Earnings, Revs Lag - Analyst Blog Equifax Inc. ( EFX ) reported first-quarter 2014 adjusted earnings per share from continuing operations of 89 cents, which came ahead of the Zacks Consensus Estimate by a couple of cents. Earnings were up 2.3% from the year-ago quarter. Quarter Details Despite increasing 3.2% year over year, Equifax's revenues of $584.5 million lagged the Zacks Consensus Estimate of $588 million. The year-over-year increase resulted from revenue growth in most of its business segments. Segment-wise, total U.S. Consumer Information Solutions revenues were down 0.5% from the year-ago quarter to $243.9 million. Among sub-segments, growth was recorded in the Consumer Financial Marketing Services segment (up 3%) and Online Consumer Information Solutions (up 2%), which was offset by an 18.0% revenue decline in the Mortgage Solutions Services. International revenues (including Europe, Canada and Latin America) grew 16% year over year to $143.9 million, primarily due to 39% growth in the Europe segment which more than offset the 4% decline in revenues from Canada Consumer segment. Revenues from Latin America remained flat. Revenues from Europe included revenues of Equifax's recently acquired company, TDX Group in the U.K. Revenues from the Workforce Solutions segment fell 3% on a year-over-year basis to $119.7 million, primarily due to a 7% decline in revenues from Verification Services which more than offset a 1% increase in revenues from Employer Services. North American Personal Solutions contributed $54.1 million to revenues, reflecting a 6% year-over-year improvement. North American Commercial Solutions generated $22.9 million of revenues, remained flat on a year-over-year basis. Revenues from Forseva, Equifax's recent acquisition, were included in this segment. Equifax's operating margins came in at 26% compared to 26.3% reported in the year-ago quarter, primarily due to the effect of the acquisitions. Adjusted net income came in at $110.9 million or 89 cents per share compared with $107.6 million or 87 cents reported in the year-ago quarter. Equifax exited the quarter with $101.4 million in cash and cash equivalents, compared to $235.9 million in the previous quarter. Total long-term debt (including current portion) stood at $1.63 billion. During the quarter, the company paid dividends of $30.7 million and repurchased stocks worth $24.4 million. Guidance Considering the recent domestic and international business activities, current foreign exchange rates and the expected slowdown in mortgage activities in the first half of 2014, management expects revenues from the second quarter to range between $606 million and $619 million (mid-point $612.5 million), while the Zacks Consensus Estimate is pegged at $614 million. Earnings are forecasted between 92 cents and 95 cents (mid-point 93.5 cents). The Zacks Consensus Estimate is pegged at 95 cents. Our Take Equifax reported mixed first-quarter results. While Equifax's bottom line beat the Zacks Consensus Estimate, the top line fell short of the same. Nonetheless, the company's revenues increased on a year-over-year basis aided by strong growth across most its business segments. Management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America were encouraging. Given the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure, we see a gradual improvement in results. Moreover, improving mortgage environment could be a positive for the stock. However, stiff competition from Automatic Data Processing Inc. ( ADP ), Fiserv Inc. ( FISV ), Moody's Corp. ( MCO ) and uncertainty in the mortgage sector are concerns. Currently, Equifax has a Zacks Rank #3 (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-04-25,55.2623,55.582,54.7289,54.8423, ADP,2014-04-28,55.1164,55.4734,54.355,54.859,"[""Technology Stock Roundup: Tech Stocks Tumble But Apple Bucks The Trend - Analyst Blog Last week saw a big sell-off following earnings reports, but results were not really that bad, as illustrated below- Earnings Highlights Apple ( AAPL ) was the only company managing to impress investors, as iPhone sales remained strong. A lot of the growth is coming from emerging BRIC countries, with revenue from Brazil up 61%, Russia up 97%, India 55% and China 28%. Older generation iPhones did better than the brightly-colored plastic, as expected. App downloads remained at record levels and the Macintosh line continued to grow. Tablets disappointed, however, plagued by inventory issues and rising competition. But Apple softened the blow, declaring a dividend increase of 8%, additional share buyback of $30 billion and a 7 for 1 stock split. Facebook 's ( FB ) strong quarterly results were mostly on account of a very strong mobile business, which benefited from higher-priced newsfeed ads. This enabled it to generate revenue growth and margin expansion despite the fact that ad volumes declined. The company is expected to continue investing to grow volumes, both through new products and customer addition. Microsoft ( MSFT ) remains a turnaround story, with the new CEO Satya Nadella touting a cloud-first, mobile-first approach while promising greater transparency and accountability to stakeholders. The company reported above expectations. Devices & Consumer was the stronger of its two segments, helped by the withdrawal of support to XP, new console platform and strength in tablets. On the commercial side, Microsoft saw huge success in the cloud. The company clearly remains in investment mode, as seen from the R&D line and this is something that is likely to continue in the foreseeable future. VMware ( VMW ) and its parent company EMC both sold off post their earnings announcements, although neither company missed expectations. It's true that VMW guided to a margin decline in the upcoming quarter, while maintaining guidance for the year. This hardly seems to justify the price action though (shares opened nearly 10% lower the following day) . EMC met expectations for the quarter, but guided to revenue and earnings that were much better than expectations. Shares were punished regardless as the momentum sell-off continued. The logic makers Xilinx ( XLNX ) and Altera ( ALTR ) were also part of the sell-off, although Xilinx plunged nearly 9%, while Altera was down under 4%. Still, some decline in Xilinx may be justified, since the company guided well below expectations and remains behind Altera in the race for 20nm process. But considering the fact that it has around 70% of 28nm, investors may not have reacted so sharply but for the Credit Suisse downgrade. Netflix reported a strong quarter, beating our estimates and the guidance was also better than expected. Although it announced a rate increase, shares appreciated in response. However, Amazon's exclusive agreement with HBO hurt the shares. Amazon ( AMZN ), on the other hand, continues with its significant investments, aggressive pricing and growing hardware focus, which continues to shrink its margins. Therefore, although its scale of operations enabled it to grow margins in the last quarter, the shares were punished the following day. Company Last Week Last 6 Months AAPL +8.72% +7.94% FB -3.11% +14.49% YHOO -5.53% +6.58% GOOG -3.52% GOOGL -3.45% +2.97% MSFT -0.37% +12.20% INTC -2.32% +7.80% CSCO -1.54% +2.00% GOOG = Class C shares (new, non-voting) GOOGL = Class A shares (old, 1 vote per share) Other stories you may have missed - Who Will Win the Mobile Ad War : Google ( GOOG ) has devised a way to link regular search and display ads with advertisers' mobile apps in order to boost customer engagement with them. This is a big deal for Google because mobile usage revolves around apps that usually operate as walled gardens. So it's generally hard to direct customers from the search page to the app. Moreover, micro-blogging site Twitter recently announced similar special ads that competitor Facebook has already had for some time. Google Enters Samsung-Apple Patent Fight : Samsung and Apple have spent many hours in court suing and counter-suing each other. The latest bout has Apple asking for $2 billion and Samsung declaring Apple's claims to be related to the Android OS rather than Samsung hardware. Email messages produced in court now show that Google is in fact indemnifying Samsung for a couple of the patents in question (something that both Apple and Samsung have avoided mentioning thus far). FCC Changes Stance on Net Neutrality : The new FCC proposal will allow special deals by video streamers and Internet service providers for increased speeds in the last mile. This is a highly controversial decision and one being hotly contested by streamers, particularly Netflix. The need to strike a balance is apparent, as ISPs face increasing costs that can only be offset by higher rates, since the user base cant be increased incessantly. On the other hand, a lack of transparency in the way these special deals are formulated will lead to unfair competition in the market, profitability issues for streamers and higher costs for consumers. The FCC has assured that individual deals will be reviewed for their reasonableness, but this is not likely to go down well with streamers that are already dealing with significant content acquisition costs. Tech Companies Settle Class Action Lawsuit : Apple, Google, Intel ( INTC ) and Adobe have agreed to settle a class action lawsuit for salary-fixing and no-poaching arrangements. Others like Disney ( DIS ) and Intuit ( INTU ) have already settled. Trial on behalf of 64,000 employees was scheduled to start at the end of May, but Apple and party have settled the matter for $324 million. Pretty good considering that the plaintiffs were planning to ask for $3 billion according to court records, which could have even resulted in triple damages under anti-trust law. Google+ Leader Departs : This could be the end of the road for Google+, as its chief Vic Gundotra parts ways. Gundotra has spent 8 years at Google, the last few on creating the social platform. But it now appears that the Hangouts team is moving to Android with the photos team likely to follow suit. Google's mobile efforts should therefore see a boost while G+ takes back seat (for now anyway). Amazon Gets Exclusive Rights to HBO Content : Amazon has acquired exclusive rights to stream HBO content that is at least 3 years old. The companies specified neither the shows covered by the agreement, nor the agreement period. But it appears that HBO is getting its foot into the streaming market with an able partner, while Amazon is getting quality content for its Prime video service and building a relationship with an important content provider. HBO Go (with all the current content from HBO) will be available to HBO subscribers on Amazon's all-new Fire TV. Companies Reporting This Week : Last week was disappointing, with most stocks plunging post-earnings. This is another big week for the sector, so let's see how things go. Some of the companies reporting this week include Corning ( GLW ), Western Digital ( WDC ), Automatic Data Processing ( ADP ), Dun & Bradstreet ( DNB ), Harman ( HAR ), Yelp ( YELP ), Twitter ( TWTR ), OpenTable ( OPEN ), Expedia ( EXPE ), TripAdvisor ( TRIP ) and eBay ( EBAY ). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> APPLE INC (AAPL): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report ALTERA CORP (ALTR): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report DUN &BRADST-NEW (DNB): Free Stock Analysis Report ENI SPA-ADR (E): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report VMWARE INC-A (VMW): Free Stock Analysis Report WESTERN DIGITAL (WDC): Free Stock Analysis Report XILINX INC (XLNX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EPIQ Systems, Inc. (EPIQ) Ex-Dividend Date Scheduled for April 29, 2014 E PIQ Systems, Inc. ( EPIQ ) will begin trading ex-dividend on April 29, 2014. A cash dividend payment of $0.09 per share is scheduled to be paid on June 03, 2014. Shareholders who purchased EPIQ stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that EPIQ has paid the same dividend. At the current stock price of $13.36, the dividend yield is 2.69%. The previous trading day's last sale of EPIQ was $13.36, representing a -20.48% decrease from the 52 week high of $16.80 and a 18.02% increase over the 52 week low of $11.32. EPIQ is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EPIQ's current earnings per share, an indicator of a company's profitability, is $.3. Zacks Investment Research reports EPIQ's forecasted earnings growth in 2014 as -44.44%, compared to an industry average of 1.1%. For more information on the declaration, record and payment dates, visit the EPIQ Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-04-29,55.2042,55.9083,55.1026,55.8048,"[""Will Automatic Data Processing (ADP) Miss Earnings? - Analyst Blog Automatic Data Processing, Inc. ( ADP ) is set to report third quarter fiscal 2014 results on Apr 30. Last quarter, it posted a 1.30% positive surprise. We note that ADP has outperformed the Zacks Consensus Estimate in the preceding four quarters with an average positive surprise of 0.90%. Let's see how things are shaping up for this announcement. Growth Factors this Past Quarter ADP is expected to perform better on the back of improved execution and higher client retention. Moreover, recovery in the job market will help the company. Moreover, the 100% tax-free spin-off of its Dealer Services business into an independent publicly traded company will help ADP to focus more on its core Human Capital Management (HCM) business, going forward. This spin-off will provide nearabout $700.0 million, which the company would use up in share buybacks. This aggressive share buyback will boost profitability going forward. However, volatile macroeconomic environment and increasing competition from Paychex Inc. ( PAYX ), Insperity Inc. ( NSP ) and Equifax Inc ( EFX ) are the near-term headwinds. Earnings Whispers? Our proven model does not conclusively show that ADP is likely to beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank of #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: That is because the Most Accurate estimate stands at $1.08 which coincides with the Zacks Consensus Estimate. Hence, the difference is of 0.0%. Zacks Rank #3 (Hold): ADP's Zacks Rank #3 when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with Zacks Ranks #4 and #5 (Sell rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for April 30, 2014 : TWX, PSX, NEE, D, SO, ADP, ACT, EXC, TRI, HES, WLP, CVE T he following companies are expected to report earnings prior to market open on 04/30/2014. Visit our Earnings Calendar for a full list of expected earnings releases. Time Warner Inc. ( TWX ) is reporting for the quarter ending March 31, 2014. The media company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.88. This value represents a 7.32% increase compared to the same quarter last year. In the past year TWX has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 1.74%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for TWX is 16.56 vs. an industry ratio of 19.40. Phillips 66 ( PSX ) is reporting for the quarter ending March 31, 2014. The oil refining company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.34. This value represents a 38.81% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for PSX is 11.76 vs. an industry ratio of 21.60. NextEra Energy, Inc. ( NEE ) is reporting for the quarter ending March 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.09. This value represents a 2.68% decrease compared to the same quarter last year. NEE missed the consensus earnings per share in the 4th calendar quarter of 2013 by -1.04%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for NEE is 18.35 vs. an industry ratio of 21.60. Dominion Resources, Inc. ( D ) is reporting for the quarter ending March 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.96. This value represents a 15.66% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for D is 20.55 vs. an industry ratio of 21.60. Southern Company ( SO ) is reporting for the quarter ending March 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.55. This value represents a 12.24% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for SO is 16.91 vs. an industry ratio of 21.60. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending March 31, 2014. The outsourcing company's consensus earnings per share forecast from the 15 analysts that follow the stock is $1.08. This value represents a 9.09% increase compared to the same quarter last year. ADP missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -1.75%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ADP is 23.87 vs. an industry ratio of 34.10. Actavis, Inc. ( ACT ) is reporting for the quarter ending March 31, 2014. The medical company's consensus earnings per share forecast from the 5 analysts that follow the stock is $3.29. This value represents a 65.33% increase compared to the same quarter last year. ACT missed the consensus earnings per share in the 3rd calendar quarter of 2013 by -0.48%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ACT is 15.12 vs. an industry ratio of 6.80, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending March 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.72. This value represents a 1.41% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for EXC is 15.21 vs. an industry ratio of 21.60. Thomson Reuters Corp ( TRI ) is reporting for the quarter ending March 31, 2014. The technology services company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.39. This value represents a 2.63% increase compared to the same quarter last year. TRI missed the consensus earnings per share in the 4th calendar quarter of 2013 by -58%. The \""days to cover\"" for this stock exceeds 15 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for TRI is 18.24 vs. an industry ratio of 29.50. Hess Corporation ( HES ) is reporting for the quarter ending March 31, 2014. The oil company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.01. This value represents a 48.21% decrease compared to the same quarter last year. The last two quarters HES had negative earnings surprises; the latest report they missed by -11.93%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for HES is 18.56 vs. an industry ratio of 15.60, implying that they will have a higher earnings growth than their competitors in the same industry. WellPoint Inc. ( WLP ) is reporting for the quarter ending March 31, 2014. The hmo company's consensus earnings per share forecast from the 16 analysts that follow the stock is $2.12. This value represents a 27.89% decrease compared to the same quarter last year. In the past year WLP has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 1.16%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for WLP is 11.29 vs. an industry ratio of 12.10. Cenovus Energy Inc ( CVE ) is reporting for the quarter ending March 31, 2014. The oil company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.45. This value represents a 2.27% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for CVE is 18.35 vs. an industry ratio of 11.30, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-04-30,55.1253,56.7949,55.1164,56.5069,"[""Earnings Scheduled For April 30, 2014"", ""Earnings Scheduled For April 30, 2014"", ""Digimarc Corporation (DMRC) Ex-Dividend Date Scheduled for May 01, 2014 D igimarc Corporation ( DMRC ) will begin trading ex-dividend on May 01, 2014. A cash dividend payment of $0.11 per share is scheduled to be paid on May 12, 2014. Shareholders who purchased DMRC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that DMRC has paid the same dividend. At the current stock price of $34.1, the dividend yield is 1.29%. The previous trading day's last sale of DMRC was $34.1, representing a -7.84% decrease from the 52 week high of $37 and a 91.04% increase over the 52 week low of $17.85. DMRC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DMRC's current earnings per share, an indicator of a company's profitability, is -$.52. For more information on the declaration, record and payment dates, visit the DMRC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Misses on Q3 Earnings, Revs - Analyst Blog Automatic Data Processing Inc. ( ADP ) reported third-quarter fiscal 2014 earnings from continuing operations of $1.06 per share, which missed the Zacks Consensus Estimate by a couple of cents. Quarter Details Revenues increased 6.8% year over year to $3.32 billion, which missed the Zacks Consensus Estimate of $3.34 billion. The year-over-year growth was driven by strong results from Employer Services, PEO Services and Dealer Services segments. Employer Services revenues increased 5.7% year over year to $2.35 billion. The number of employees on clients' payrolls in the United States grew 2.8% in the quarter on a same-store-sales basis. PEO Services revenues rose 15.1% year over year to $650.8 million in the reported quarter. Dealer Services revenues increased 6.8% on a year-over-year basis to $494.9 million. In the quarter, combined worldwide new business bookings for Employer Services and PEO Services grew 14.0% year over year. New business bookings represent annualized recurring revenues anticipated from new orders. Interest on funds held for clients declined 10.6% year over year to $100.1 million. The decline was primarily due to a 30 basis points (bps) drop in average interest yield to 1.6%, which was offset to a certain extent by an increase of 9% in average client funds balances from $23.2 billion to $25.2 billion. Total expenses in the reported quarter increased 6.7% year over year to $2.56 billion, attributable to higher operating expenses (up 8.2% year over year), selling, general & administrative expense (up 3.0% year over year) and systems development & programming costs (up 10.0% year over year). ADP reported pre-tax earnings of $769.8 million from continuing operations, up 6.4% from the year-ago quarter. Employer Services, PEO services and Dealer services pretax income increased 8.0%, 11.0% and 16.0%, respectively, on a year-over-year basis in the reported quarter. Net income from continuing operations was $510.4 million or $1.06 per share compared with $481.6 million or 99 cents in the year-ago quarter. This excludes one-time gain of $11.2 million, ADP earned from the divestment of a certain business unit during the quarter. Including this gain, the company reported net income of $521.6 million or $1.08 per share. ADP exited the quarter with cash and cash equivalents of $1.69 billion compared with $1.29 billion in the previous quarter. Long-term debt was $12.1 million versus $12.6 million in the previous quarter. Dealer Services Spin-off Recently, ADP announced its plans to spin-off the Dealer Services business into an independent publicly traded company. ADP expects the spin-off to be completed in Oct 2014. The Dealer Services business segment provides marketing solutions to over 26,000 auto retailers, distributors and manufacturers. The 100% tax-free spin-off will help ADP to focus more on its core Human Capital Management (HCM) business, going forward. Per management, the strong long-term growth prospect of the automotive market will provide significant growth opportunities to the Dealer Services business. The transaction is expected to provide ADP at least $700.0 million, which it plans to use in buying back shares. ADP expects to keep the current quarterly cash dividend of 48 cents per share constant for the time being. Post the spin-off, the company expects to eventually raise its dividend payout ratio to 55.0-66.0%. Guidance ADP expects fiscal 2014 revenues to grow 8.0% (prior outlook 7.0% to 8.0%) on a year-over-year basis. Earnings growth is projected to be 9.0% (prior outlook 8.0% to 10.0%). Employer Services revenues are expected to grow approximately 7% with a pre-tax margin expansion of approximately 100 bps. PEO Services revenues are expected to improve 14.0% (prior outlook 12.0% to 13.0%). Pre-tax margin is expected to grow slightly on a year-over-year basis. Combined Employer Services and PEO Services new business bookings are forecasted to be approximately 8.0% for fiscal 2014. ADP expects Dealer Services revenues to increase 8.0% with a pre-tax margin expansion of approximately 100 bps. Our Take We believe that the Dealer-services spin off will remain an overhang on the stock in the near term. Although the plan is shareholder-friendly, it did not go down well with credit rating agencies. Following the announcement, the Standard & Poor's lowered ADP's credit rating from AAA to AA, primarily due to the company's plan of using the proceeds to buy back shares. Moody 's' ( MCO ) Investor service also decreased its rating to Aa1, citing lower scale and variety of ADP's product portfolio. Nevertheless, ADP is expected to perform better on the back of improved execution and higher client retention. Moreover, recovery in the job market will help the company. However, volatile macroeconomic environment and increasing competition from Paychex Inc. ( PAYX ) and Equifax Inc. ( EFX ) are the near-term headwinds. Currently, ADP has a Zacks Rank #3 (Hold). AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Earnings Scheduled For April 30, 2014""]" ADP,2014-05-01,56.5149,56.7338,56.0829,56.2654,"[""Stock Market News for May 01, 2014 - Market News The Federal Reserve's upbeat view on the economy's prospects and their decision to further trim the monthly bond repurchase plan helped benchmarks end higher on Wednesday. The day's initial decline owing to weak first-quarter economic growth was completely offset by the time markets closed. The Dow closed at a record high and the S&P 500 closed just 7 points below its record close of 1890.90. Private-sector hiring numbers and manufacturing activity data for Chicago were also positive. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) gained 0.3% to close Wednesday's trading session at 16,580.84. The Standard & Poor 500 (S&P 500) too rose 0.3% to finish at 1,883.95. The tech-laden Nasdaq Composite Index also went up 0.3% to 4,114.56. The fear-gauge CBOE Volatility Index (VIX) dropped 2.2% to settle at 13.41. Total volume on the New York Stock Exchange was 3.7 billion shares. Advancers outpaced declining stocks on the NYSE. For 65% stocks that advanced, 32% declined. For the month, the Dow and S&P 500 gained 0.8% and 0.6%, respectively. However, intense selling pressure in bio-tech and Internet stocks dragged the Nasdaq down. The tech-heavy Nasdaq slipped 2.0%. The S&P 500 and the blue-chip index ended in the green zone as investors received better-than-expected corporate earnings results. Also, encouraging economic data on factory activities, retail sales, domestic industrial production and durable goods helped the benchmarks finish in the green. A gauge of manufacturing sentiment in the Philadelphia region and an increase in Conference Board's leading economic index also added to the bullish sentiment. New deals in the health care sector were also welcomed by the investors. Further, Federal Reserve Chairwoman Janet Yellen's assurance to keep the key interest rates low for some time was also well received by the investors. The Federal Open Market Committee (FOMC) indicated that economic activity has picked up since its last meeting in March. The Federal Reserve said that despite harsh winter weather in January and February, the economy has recovered of late. The FOMC's policy statement also confirmed that the central bank will cut its buyback plan by another $10 billion starting May. Thus, the bond-buyback program will be brought down to $45 billion a month. Also, the committee agreed to keep its federal funds rate low even after the end of the quantitative easing program in order to support the economy for some more time. Earlier in April, the central bank had said the economic stimulus program may end this fall and the key lending rates will then be raised six months later. The central bank also mentioned that it will rely on a 'wide range of information' on jobs as well as inflation and not just the unemployment rate while deciding on raising interest rates. A positive finish for the benchmarks was also ensured by promising economic numbers. The national employment report from Automatic Data Processing, Inc. (NASDAQ: ADP ) showed private sector hiring improved in April. The report stated 220,000 private jobs were added in April. This was more than expectations of 210,000 job additions. The figure was also more than March's revised figure of 209,000. April's job additions were also the most in the last four months. In January, 175,000 jobs were added, followed by 178,000 in February and 209,000 in March. Chicago PMI numbers were also encouraging. The Supply Management-Chicago noted that Chicago Business Barometer jumped to 63 in April from March's reading of 55.9. This rise in the Chicago Purchasing Managers Index in April was more than the Zacks Consensus Estimate of an increase to 56.6. The increase in the Chicago PMI numbers was attributed to the increase in new orders, production and employment levels. On the other hand, first quarter GDP growth was drastically lower than expected. According to the \""advance\"" estimate by the Bureau of Economic Analysis, the first quarter output of goods and services produced by labor and property located in the United States increased at an annual rate of 0.1%, lower than the Zacks Consensus Estimate of 1.2%. In the fourth quarter, the US economy had expanded 2.6%. Harsh winter weather was cited to be the primary reason behind this slow growth in the first quarter. However, this discouraging data made little impact on investor sentiment as they chose to focus on the positives. Nine out of 10 sectors of the S&P 500 ended in the green. The Materials Select Sector SPDR (XLB) led the advance as the sector rose 0.8%. Top holdings from the sector such as E. I. du Pont de Nemours and Company (NYSE: DD ), Monsanto Company (NYSE: MON ), The Dow Chemical Company (NYSE: DOW ), Praxair Inc. (NYSE: PX ) and LyondellBasell Industries NV (NYSE: LYB ) gained 0.2%, 0.2%, 2.4%, 1.6% and 1.7%, respectively. The Industrials sector followed the Materials sector. The Industrial Select Sector SPDR (XLI) rose 0.7%. Key stocks from the sector such as General Electric Company (NYSE: GE ), United Technologies Corp. (NYSE: UTX ), Union Pacific Corporation (NYSE: UNP ), The Boeing Company (NYSE: BA ) and 3M Company (NYSE: MMM ) increased 0.5%, 0.7%, 0.3%, 0.5% and 1.1%, respectively. AUTOMATIC DATA (ADP): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report DOW CHEMICAL (DOW): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report LYONDELLBASEL-A (LYB): Free Stock Analysis Report 3M CO (MMM): Free Stock Analysis Report MONSANTO CO-NEW (MON): Free Stock Analysis Report PRAXAIR INC (PX): Free Stock Analysis Report UNION PAC CORP (UNP): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Tentative Markets Reflect Earnings Doubts - Ahead of Wall Street Thursday, May 1, 2014 Stocks have struggled this year after last year's impressive gains, though the broad indexes are either at or very close to their all-time record levels. One of the reasons for the market's tentative behavior is the uncertain corporate earnings growth outlook, as reflected in the ongoing Q1 earnings season. The U.S. economy has been struggling with similar growth challenges lately as Wednesday's shockingly low GDP growth in the first quarter of the year showed. The market shrugged that unusually low reading as it could take solace from the more recent data that is pointing towards economic growth getting back to its second half 2013 trend line in the coming days. This morning's strong personal income and spending data indicates that the economy had started shaking off the winter effects by March. Friday's non-farm payroll report for April is broadly expected to reconfirm what we saw from Wednesday's ADP report and other recent readings - that the growth pace is getting resumed. The Fed is pointing in that direction as well, with its post-meeting statement on Wednesday acknowledging the improved outlook. The favorable views on GDP growth and beyond are not matched by how the earnings picture is unfolding in the ongoing Q1 earnings season where we are now past the halfway mark. Including this morning's reports from ExxonMobil ( XOM ), Kellogg ( K ), MasterCard ( MA ) and others, we now have Q1 results from 344 S&P 500 members that combined account for almost 73.3% of the index's total market capitalization. Total earnings for these 344 companies are up +2.7% from the same period last year on +2.6% higher revenues, with 68.9% beating EPS estimates and 41.2% coming out with positive revenue surprises. This is weak performance, but all or most of it was known ahead of time as estimates had come down sharply ahead of the start of the Q1 reporting season. Many had been hoping, however, that we wouldn't see similar negative revisions going forward. But we are not seeing that, with estimates for Q2 coming down along the lines of the trend that we have been seeing quarter after quarter for almost two years now. One month into 2014 Q2, total earnings for the quarter are currently expected to be up +4.2% from the same period last year, a growth rate that is down from +5.5% about a month ago. This is a somewhat slower pace of negative revision than what we saw in the comparable period in Q1. But as the GDP report for Q1 confirmed, weather really was a big headwind in that time period. Adjusting for the weather effects in Q1, the revisions trend in both periods is largely comparable. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report KELLOGG CO (K): Free Stock Analysis Report MASTERCARD INC (MA): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-05-02,56.1381,56.6815,56.0346,56.2063,"[""Has the Spring Bounce Arrived? - Ahead of Wall Street Friday, May 2, 2014 The strong jobs report provides further confirmation that the U.S. economy is leaving behind the winter restraints. This means that economic growth should materially improve in the current quarter from Q1's anemic pace. The bond market's muted reaction to today's report notwithstanding, this is an all around positive development. A total of 288K jobs were created in the economy, significantly above consensus estimates and what we saw from the payroll processor ADP on Wednesday. Importantly, the tallies for the prior two months were revised higher by a total of 36K, with March going up to 203K (from 192K) and February going up to 222K (from 197K). The private sector added 273K in April, up from 202K in March, with the gains coming particularly strongly from professional and business services (up +75K in April), retail (+35K), food services and drinking places (+33K), and construction (+32K). Manufacturing jobs were little changed in April, even though the employment sub-index of the ISM index showed strong gains on Thursday. The unemployment rate dropped by a very big 0.4% to 6.3%, primarily due to drop in the labor force participation rate. The average work week and average hourly earnings were unchanged at 34.5 hours and $24.31, respectively. Average hourly earnings have gone up +1.9% over the past 12 months. The labor force participation rate reversed the modestly improving trend of the last few months, dropping by a very high 0.4% to 62.8%. The drop in the participation rate runs counter to the view that an improving labor market will prompt previously discouraged workers to rejoin the labor force and start looking for work. Today's jobs report adds to the growing list of recent economic readings that are pointing towards improvement in the economy after the soft readings at the start of the year. We saw in the Q1 GDP report that the U.S. economy effectively flat-lined, putting a halt to the brief growth ramp up of the second half of 2013. But the tone of economic data improved in March and the trend appears to be holding up in April numbers, as today's non-farm payroll reading and Thursday's ISM survey show. This is strengthening the hope that Q1 will remain the low-point for the year, with growth steadily improving from Q2 onwards and reaching above +3% in the second half of the year. Sheraz Mian Director of Research AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-GOLD TRUST (GLD): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports PRO-ULS L20+YRT (TBT): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Friday's ETF with Unusual Volume: EFAV The iShares MSCI EAFE Minimum Volatility ETF ( EFAV ) is seeing unusually high volume in afternoon trading Friday, with over 258,000 shares traded versus three month average volume of about 118,000. Shares of EFAV were down about 0.2% on the day. Components of that ETF with the highest volume on Friday were Banco Santander ( SAN ), trading off about 0.4% with over 2.2 million shares changing hands so far this session, and Automatic Data Processing ( ADP ), up about 0.6% on volume of over 919,000 shares. VIDEO: Friday's ETF with Unusual Volume: EFAV The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-05-05,56.0179,56.4991,55.6311,56.4478, ADP,2014-05-06,56.1302,56.2506,55.7901,55.859,"Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for May 07, 2014 S imulations Plus, Inc. ( SLP ) will begin trading ex-dividend on May 07, 2014. A cash dividend payment of $0.05 per share is scheduled to be paid on May 16, 2014. Shareholders who purchased SLP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 66.67% increase over the same period a year ago. At the current stock price of $6.05, the dividend yield is 3.31%. The previous trading day's last sale of SLP was $6.05, representing a -14.67% decrease from the 52 week high of $7.09 and a 54.73% increase over the 52 week low of $3.91. SLP is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SLP's current earnings per share, an indicator of a company's profitability, is $.17. Zacks Investment Research reports SLP's forecasted earnings growth in 2014 as 5.56%, compared to an industry average of 4.3%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-05-07,55.9952,56.1923,55.4222,56.147, ADP,2014-05-08,56.0473,56.6599,55.9123,56.4301, ADP,2014-05-09,56.2654,56.7259,56.1864,56.5918, ADP,2014-05-12,56.5287,57.3512,56.5287,57.1845,"[""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest ROE"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest ROE"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest ROE""]" ADP,2014-05-13,57.1785,57.3512,56.9685,57.2072,"[""Top 4 Large-Cap Stocks In The Business Software & Services Industry With The Lowest PEG Ratio"", ""Top 4 Large-Cap Stocks In The Business Software & Services Industry With The Lowest PEG Ratio"", ""Top 4 Large-Cap Stocks In The Business Software & Services Industry With The Lowest PEG Ratio""]" ADP,2014-05-14,57.2762,57.3373,56.4942,56.6066,"[""Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for May 15, 2014 J ack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on May 15, 2014. A cash dividend payment of $0.22 per share is scheduled to be paid on June 03, 2014. Shareholders who purchased JKHY stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the same period a year ago. At the current stock price of $57.95, the dividend yield is 1.52%. The previous trading day's last sale of JKHY was $57.95, representing a -3.96% decrease from the 52 week high of $60.34 and a 52.9% increase over the 52 week low of $37.90. JKHY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). JKHY's current earnings per share, an indicator of a company's profitability, is $2.31. Zacks Investment Research reports JKHY's forecasted earnings growth in 2014 as 9.35%, compared to an industry average of 5.9%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for May 15, 2014 E vertec, Inc. ( EVTC ) will begin trading ex-dividend on May 15, 2014. A cash dividend payment of $0.1 per share is scheduled to be paid on June 06, 2014. Shareholders who purchased EVTC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that EVTC has paid the same dividend. At the current stock price of $22.74, the dividend yield is 1.76%. The previous trading day's last sale of EVTC was $22.74, representing a -13.63% decrease from the 52 week high of $26.33 and a 17.03% increase over the 52 week low of $19.43. EVTC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EVTC's current earnings per share, an indicator of a company's profitability, is -$.17. Zacks Investment Research reports EVTC's forecasted earnings growth in 2014 as 12.75%, compared to an industry average of 13.8%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EVTC through an Exchange Traded Fund [ETF]? The following ETF(s) have EVTC as a top-10 holding: Market Vectors Latin America Small-Cap Index ETF ( LATM ). The top-performing ETF of this group is LATM with an increase of 4.18% over the last 100 days. It also has the highest percent weighting of EVTC at 1.68%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-05-15,56.4301,56.5366,55.43,55.6311, ADP,2014-05-16,55.7821,56.4231,55.4153,56.4024,"9 stocks owned by honor-roll newsletter writers Opinion: These tend to outperform the broader market through thick and thin These tend to outperform the broader market through thick and thin, writes Mark Hulbert." ADP,2014-05-19,56.1923,56.6282,56.076,56.575, ADP,2014-05-20,56.6489,56.6489,56.0829,56.22,"Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for May 21, 2014 O pen Text Corporation ( OTEX ) will begin trading ex-dividend on May 21, 2014. A cash dividend payment of $0.1725 per share is scheduled to be paid on June 13, 2014. Shareholders who purchased OTEX stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 15% increase over the prior quarter. At the current stock price of $47.72, the dividend yield is 1.45%. The previous trading day's last sale of OTEX was $47.72, representing a -9.72% decrease from the 52 week high of $52.86 and a 48.04% increase over the 52 week low of $32.24. OTEX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). OTEX's current earnings per share, an indicator of a company's profitability, is $1.45. Zacks Investment Research reports OTEX's forecasted earnings growth in 2014 as 16.79%, compared to an industry average of 2.8%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-05-21,56.5918,56.5918,56.1154,56.3344,"Intuit Q3 Earnings Miss Estimates, Up Y/Y - Analyst Blog Shares of Intuit Inc. ( INTU ) dropped 3.88% in after-hours trade on Tuesday after the company reported adjusted earnings per share from continuing operations of $3.42 in the third quarter of 2014, which missed the Zacks Consensus Estimate of $3.50. Nevertheless, earnings increased 18.8% on a year-over-year basis. Adjusted earnings include stock-based compensation but exclude amortization and other one-time expense. Quarter Details Intuit reported revenues of $2.39 billion which increased 14.2% on a year-over-year basis. Reported revenues also compared favorably with the Zacks Consensus Estimate of $2.38 billion. The year-over-year increase was attributed to higher customer additions and higher adoption on Intuit's cloud-based solutions. Product revenues increased 15.2% year over year to $735.0 million, while Services and Other revenues increased 13.8% from the year-ago quarter to $1.65 billion. Segment-wise, Small Business Group posted 8.0% year-over-year growth due to higher adoption rate of Intuit's cloud-based solutions. Small Business Financial Solutions increased 4.0%, primarily driven by higher QuickBooks revenues (up 7% year over year). Revenues from Payments remained flat on a year-over-year basis. Intuit witnessed strong year-over-year subscriber growth in its QuickBooks Online (36%), QuickBooks Desktop (up 22%) and QuickBooks Enterprise (up 18%). The company reported 624K QuickBooks Online subscribers at quarter-end. The rapid adoption of the QuickBooks Online can also be gauged by the 130% surge in subscribers to 64K outside the U.S. Moreover, Small Business Management Solutions revenues grew 16% while revenues from Employee Management Solutions increased 13.0% year over year primarily due to customer growth in Online Payroll services. Subscriber growth for Demandforce was 44%, primarily boosted by the acquisition of CustomerLink. Intuit reported adjusted operating income (including share-based compensation but excluding amortization expenses) of $1.51 billion which increased 16.5% from the year-ago period. Margins improved 120 basis points on a year-over-year basis to 63.1%. During the same period of time, the company's total expenses increased 10.8% year over year. Intuit's adjusted net income from continuing operations (including share-based compensation but excluding amortization expenses) came in at $990.9 million or $3.42 per share compared with $874.4 million or $2.87 per share reported in the year-ago quarter. Intuit ended the quarter with cash, equivalents and investments of $2.63 billion versus $1.33 billion in the previous quarter. Long-term debt remained flat sequentially at $499.0 million. Intuit generated $1.53 billion in cash from operations in the first nine months of fiscal 2014. During the period, Intuit repurchased shares worth $1.43 billion and paid $165 million as dividends. Outlook The company has also revised its fiscal 2014 outlook. For fiscal 2014, the company expects revenues in the range of $4.475 to $4.505 billion, an increase of 7% to 8% year over year, compared with its previous guidance of $4.440 to $4.525 billion, which represented 6.0% to 8.0% growth. The Zacks Consensus Estimate is pegged at $4.499 billion. Non-GAAP operating income is now projected in the range of $1.58 to $1.60 billion, an increase of 7% to 9%, compared with its earlier guidance of $1.58-$1.61 billion, representing 7.0% to 10.0% growth. Non-GAAP earnings per share are expected between $3.54 and $3.58, up 11% to 12% year over year versus earlier estimate of $3.52-$3.60. The Zacks Consensus Estimate is pegged at $3.13. However, Intuit toned down the fourth-quarter revenue as well as earnings guidance. The company expects fourth-quarter revenues to range between $683 million and $713 million (previous guidance $710 to $720 million) while non-GAAP earnings are expected in the range of 6 to 8 cents (earlier guidance 11-13 cents). The Zacks Consensus Estimate for the fourth quarter is pegged at $713 million for revenues and a break-even for earnings. Our Take Intuit reported encouraging third-quarter results due to strong tax season and robust customer additions. However, the company provided a modest guidance. We are positive on Intuit's growing SMB exposure and believe that the strategic acquisitions will continue to support the segment. The higher adoption rate of its cloud-based services and products is another positive factor. Moreover, the company's share buyback program would aid the bottom line. However, stiff competition from the other payroll solution providers such as Paychex Inc. ( PAYX ) and Automatic Data Processing ( ADP ), seasonality of Intuit's tax business and the ongoing uncertainty in the economy concern us. Currently, Intuit has a Zacks Rank #2 (Buy). Investors may have a look at Rambus Inc. ( RMBS ) which sports a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report RAMBUS INC (RMBS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-05-22,56.4231,56.7417,56.1923,56.5986, ADP,2014-05-23,56.7713,57.1785,56.6421,57.1549, ADP,2014-05-27,57.2683,57.4804,57.1638,57.4804,"[""DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for May 28, 2014 D ST Systems, Inc. ( DST ) will begin trading ex-dividend on May 28, 2014. A cash dividend payment of $0.3 per share is scheduled to be paid on June 13, 2014. Shareholders who purchased DST stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that DST has paid the same dividend. At the current stock price of $90.71, the dividend yield is 1.32%. The previous trading day's last sale of DST was $90.71, representing a -9.19% decrease from the 52 week high of $99.89 and a 41.71% increase over the 52 week low of $64.01. DST is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DST's current earnings per share, an indicator of a company's profitability, is $8.34. Zacks Investment Research reports DST's forecasted earnings growth in 2014 as 8.1%, compared to an industry average of 2.4%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DST through an Exchange Traded Fund [ETF]? The following ETF(s) have DST as a top-10 holding: First Trust Technology AlphaDEX ( FXL ). The top-performing ETF of this group is FXL with an increase of 3.58% over the last 100 days. It also has the highest percent weighting of DST at 1.88%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSP Inc. (CSPI) Ex-Dividend Date Scheduled for May 28, 2014 C SP Inc. ( CSPI ) will begin trading ex-dividend on May 28, 2014. A cash dividend payment of $0.11 per share is scheduled to be paid on June 10, 2014. Shareholders who purchased CSPI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the same period a year ago. At the current stock price of $6.79, the dividend yield is 6.48%. The previous trading day's last sale of CSPI was $6.79, representing a -28% decrease from the 52 week high of $9.43 and a 2.72% increase over the 52 week low of $6.61. CSPI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSPI's current earnings per share, an indicator of a company's profitability, is $.01. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for May 28, 2014 E bix, Inc. ( EBIX ) will begin trading ex-dividend on May 28, 2014. A cash dividend payment of $0.075 per share is scheduled to be paid on June 13, 2014. Shareholders who purchased EBIX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EBIX has paid the same dividend. At the current stock price of $16.25, the dividend yield is 1.85%. The previous trading day's last sale of EBIX was $16.25, representing a -18.38% decrease from the 52 week high of $19.91 and a 97.93% increase over the 52 week low of $8.21. EBIX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EBIX's current earnings per share, an indicator of a company's profitability, is $1.49. Zacks Investment Research reports EBIX's forecasted earnings growth in 2014 as 3.27%, compared to an industry average of -1.5%. For more information on the declaration, record and payment dates, visit the EBIX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-05-28,57.7861,57.8355,57.1244,57.1707, ADP,2014-05-29,57.3926,57.6766,57.1924,57.6678,"Insperity Allies with ICBA - Analyst Blog Human resource and business solutions provider Insperity Inc. ( NSP ) was selected by Independent Community Bankers of America (ICBA) as their Preferred Service Provider. ICBA represents 6,500 community banks operating in the U.S. The alliance therefore allows Insperity to offer its human resource, financial and pay roll-related services to a wider number of clients. Likewise, the community banks selecting Insperity's products and services will now be able to consolidate their administrative operations and focus on providing enhanced services to their customers instead. Insperity provides human resources as well as business solutions to small and medium businesses to help them perform better. We expect the current partnership with ICBA to improve the company's growth prospects. It is worth noting that in the last-reported quarter, Insperity's revenues increased 4.1% on a year-over-year basis. The improvement was attributed to higher average paid worksite employees (up 2.3%) and higher revenue per worksite employee (up 1.7%). The company reported average client retention of 87.0% during the quarter. Nonetheless, higher-than-expected expenses impacted the bottom line. We believe management's initiatives to expand the number of Business Performance Advisors and implement a healthcare reform strategy will be beneficial in the long run. Moreover, the company's software-as-a-service and other adjacent business services are gaining traction and are expected to help improve 2014 results. Although the company has a debt-free balance sheet, competition from Automatic Data Processing Inc. ( ADP ), Paychex Inc. ( PAYX ) and ManpowerGroup Inc. ( MAN ) remain the headwinds. Moreover, the company provided a tepid full year guidance, which will remain an overhang on the stock. Currently, Insperity has a Zacks Rank #5 (Strong Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report MANPOWER INC WI (MAN): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-05-30,57.8078,57.8995,57.5316,57.7564,"Insperity Allies with ICBA - Analyst Blog Human resource and business solutions provider Insperity Inc. ( NSP ) was selected by Independent Community Bankers of America (ICBA) as their Preferred Service Provider. ICBA represents 6,500 community banks operating in the U.S. The alliance therefore allows Insperity to offer its human resource, financial and pay roll-related services to a wider number of clients. Likewise, the community banks selecting Insperity's products and services will now be able to consolidate their administrative operations and focus on providing enhanced services to their customers instead. Insperity provides human resources as well as business solutions to small and medium businesses to help them perform better. We expect the current partnership with ICBA to improve the company's growth prospects. It is worth noting that in the last-reported quarter, Insperity's revenues increased 4.1% on a year-over-year basis. The improvement was attributed to higher average paid worksite employees (up 2.3%) and higher revenue per worksite employee (up 1.7%). The company reported average client retention of 87.0% during the quarter. Nonetheless, higher-than-expected expenses impacted the bottom line. We believe management's initiatives to expand the number of Business Performance Advisors and implement a healthcare reform strategy will be beneficial in the long run. Moreover, the company's software-as-a-service and other adjacent business services are gaining traction and are expected to help improve 2014 results. Although the company has a debt-free balance sheet, competition from Automatic Data Processing Inc. ( ADP ), Paychex Inc. ( PAYX ) and ManpowerGroup Inc. ( MAN ) remain the headwinds. Moreover, the company provided a tepid full year guidance, which will remain an overhang on the stock. Currently, Insperity has a Zacks Rank #5 (Strong Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report MANPOWER INC WI (MAN): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-06-02,57.7357,57.9291,57.3719,57.5386, ADP,2014-06-03,57.2072,57.5386,56.929,57.0514, ADP,2014-06-04,56.7772,57.1481,56.6026,57.1401, ADP,2014-06-05,57.1105,57.1481,56.5523,57.0445,"[""Morgan Stanley Remains Confident In Automatic Data Processing Following Management Meeting"", ""Morgan Stanley Remains Confident In Automatic Data Processing Following Management Meeting"", ""Stock Market News for June 05, 2014 - Market News Benchmarks erased day's initial losses and ended in the green after investors shrugged off dismal labor market data to focus on an encouraging services sector report. The S&P 500 ended at another high; the sixteenth one this year. Separately, the Nasdaq was boosted by gains in tech-bellwether Apple and bio-tech stocks. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) gained 0.1% to close Wednesday's trading session at 16,737.53. The Standard & Poor 500 (S&P 500) went up 0.2% to finish at 1,927.88. The tech-laden Nasdaq Composite Index advanced 0.4% to 4,251.64. The fear-gauge CBOE Volatility Index (VIX) went up 1.8% to settle at 12.08. Total volume for the day was roughly 5.0 billion shares, lower than this month's average of 5.75 billion. Advancers outpaced declining stocks on the NYSE. For 50% stocks that advanced, 46% declined. Investors were enthused by a rise in ISM Services Index in May, which touched the highest level since August 2013. According to data from the Institute for Supply Management, the Non-Manufacturing Index for May increased 1.1 percentage points to 56.3% from April's reading of 55.2%. The rise was more than the consensus estimate of an increase to 55.6%. The New Orders Index also gained 2.3 percentage points to 60.5% in May. The Employment Index too increased 1.1 percentage points to 52.4% in May, indicating growth at a faster pace for the third successive month. However, labor market data was far from encouraging. A report from Automatic Data Processing, Inc. (NASDAQ: ADP ) showed private sector hiring in May increased at the slowest pace in four months. Private-sector jobs increased to 179,000 in May, well below analysts' estimate of 210,000. The rise in private-sector jobs in May was much less than the figure of 215,000 recorded in April. Another report by the U.S. Bureau of Labor Statistics showed that nonfarm business sector labor productivity declined 3.2% in the first quarter. The decrease was more than the consensus expectation of a decline by 2.6%. This drop in first quarter productivity level was in contrast to the 2.3% rise in the fourth quarter of 2013. Harsh winter weather was cited to be the reason behind this drop in productivity during the first quarter. The unit labor cost increased 5.7% in the first quarter of 2014. Additionally, the U.S. trade deficit rose to a two-year high in April. The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, reported that goods and services deficit had increased to $47.2 billion in April from $44.20 billion in March. Exports in April decreased $0.3 billion from March's exports of $193.7 billion, while imports increased $2.7 billion from March's imports of $237.8 billion. Separately, the Federal Reserve's Beige Book indicated that economic conditions improved moderately in all the 12 Federal Reserve Districts. However, compared with the previous report in April, the pace of growth picked up in only 2 districts, Cleveland and St. Louis. According to the report, consumer spending and manufacturing activity expanded across almost all the districts. Tourism was another bright spot, mostly in the eastern seaboard districts. Meanwhile, investors also awaited the outcome of Thursday's ECB meeting. Investors are expecting a reduction in deposit rates. They are also anticipating that central bank might introduce a QE-style asset purchase program. Earlier in May, European Central Bank's (ECB) President Mario Draghi hinted the ECB might cut rates and provide more economic stimulus during the next policy meeting. Investors also remained focused on May's Nonfarm Payrolls report; scheduled for release on Friday. In May, the U.S. Bureau of Labor Statistics said total nonfarm payroll employment had risen to 288,000 in April. The unemployment rate also dropped to 6.3% in April from 6.7% in March. The Nasdaq got a boost from its biggest component Apple Inc. (NASDAQ: AAPL ). Shares of Apple surged 1.1%. Starting Monday, the iPad maker will traded on a split-adjusted basis. Apple's board of directors had announced a 7:1 stock split in April. Bio-tech stocks also had a positive impact on the Nasdaq. Shares of Gilead Sciences Inc. (NASDAQ: GILD ), Amgen Inc. (NASDAQ: AMGN ), Biogen Idec Inc. (NASDAQ: BIIB ) and Celgene Corporation (NASDAQ: CELG ) increased 0.6%, 1.7%, 0.7% and 2.1%, respectively. Seven out of 10 sectors of the S&P 500 ended in the green. The Consumer Discretionary Select Sector SPDR (NYSE: XLY ) led the advance as the sector gained 0.5%. Key stocks from the sector such as The Walt Disney Company (NYSE: DIS ), McDonald's Corp. (NYSE: MCD ), Ford Motor Co. (NYSE: F ) and Twenty-First Century Fox, Inc. (NASDAQ: FOXA ) increased 0.4%, 0.9%, 1.5% and 0.3%, respectively Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report GILEAD SCIENCES (GILD): Free Stock Analysis Report AMGEN INC (AMGN): Free Stock Analysis Report BIOGEN IDEC INC (BIIB): Free Stock Analysis Report CELGENE CORP (CELG): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report MCDONALDS CORP (MCD): Free Stock Analysis Report FORD MOTOR CO (F): Free Stock Analysis Report TWENTY-FST CF-A (FOXA): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Morgan Stanley Remains Confident In Automatic Data Processing Following Management Meeting""]" ADP,2014-06-06,57.3373,57.7496,57.1154,57.7052,"[""Dow 30 Stock Roundup: UnitedHealth Hikes Dividend, DuPont to Sell Surface Biz - Analyst Blog The blue-chip index hit record highs twice this week and ended in the green on all days but for Tuesday. Bullish ISM Manufacturing data pushed the Dow upward on Monday. The blue-chip index declined on Tuesday due to investors' concerns about the outcome of the ECB meeting. Encouraging services sector data helped the Dow make a comeback on Wednesday. Ultimately, the blue-chip index hit a record high once again on Thursday, powered by ECB stimulus measures. During the first four trading days, the Dow has gained 0.55%. Last Week's Performance The Dow gained a mere 0.1% on Friday following mixed economic data. While reports on personal income and Chicago PMI numbers were positive, personal consumption expenditure dropped in April for the first time this year. However, benchmarks ended in the green for the week and posted their biggest monthly gains since February. The Dow closed in the green during the holiday-shortened week, moving up 0.7%. Merger and acquisition activity in the food industry, better-than-expected initial claims and expectations that ECB will reduce key lending rates drove benchmarks higher for the week. Encouraging economic numbers on manufactured durable goods, improved consumer confidence and an increase in the leading measure of U.S. home prices also lifted investor sentiment. Monthly Performance The blue-chip index gained 0.8% during the month of May. Gains in small-cap and high-growth stocks drove benchmarks higher for the month. Additionally, gains in consumer discretionary and energy stocks helped benchmarks finish in the green. A new deal between Keurig Green Mountain, Inc. ( GMCR ) and The Coca-Cola Company ( KO ) also provided optimism. Federal Open Market Committee's (FOMC) indication that central bank will remain flexible when it comes to raising short term interest rates also boosted investor sentiment. Additionally, Federal Reserve Chairwoman Janet Yellen indicated key lending rates would remain low. Russian President Vladimir Putin's willingness to discuss measures to ease the Ukrainian crisis and dovish comments from ECB President Mario Draghi were some of the other positives for the month. Most economic indicators were on the positive side during May. This includes small-business sentiment, ISM Services Index and initial claims numbers. March's retail sales data was revised upward, adding to the optimism. The Dow This Week Benchmarks scored record highs yet again on Monday following encouraging ISM manufacturing data. Benchmarks had opened in the red owing to erroneous manufacturing data, but they rebounded once a correction was made which showed the index had grown at its fastest pace this year. The ISM reported May PMI had increased 0.5 percentage points from April's reading of 54.9% to 55.4%. The blue-chip index closed at a record level for the sixth time this year, gaining 0.2%. The Dow lost 0.1% on Tuesday as investors awaited the outcome of Thursday's ECB meeting and the monthly US jobs report on Friday. Encouraging reports on factory orders and upbeat monthly car sales numbers failed to boost investor sentiment. Tuesday's losses caused the blue-chip index to retreat from the previous day's record highs. Investors shrugged off dismal labor market data to focus on an encouraging services sector report on Wednesday. A report from Automatic Data Processing, Inc. ( ADP ) showed private sector hiring in May increased at the slowest pace in four months. However, the ISM Services Index increased in May, touching the highest level since August 2013. The Dow erased the day's initial losses to move up by 0.1%. The Dow gained 0.6% on Thursday, closing at a record level for the seventh time this year. Other benchmarks also notched up record highs on Thursday following the announcement of stimulus measures by the ECB. The measures are intended to boost Eurozone's recovery. The central bank reduced its key interest rates and lowered its refinancing rate. The ECB also cut the deposit rates to minus 0.10%, thereby becoming the first central bank to have a negative deposit rate. Components Moving the Index UnitedHealth Group Inc. ( UNH ) has hiked its quarterly dividend payout by 34% to 37.5 cents per share. This affirms the U.S. health insurer's commitment to pump up its shareholders' returns. Shareholders listed on the company's books as of Jun 16 will receive the increased dividend on Jun 25. The dividend hike comes on the back of UnitedHealth's strong balance sheet with moderate leverage and its ability to generate significant cash flows. The last concluded quarter saw a cash flow of $1.4 billion, up 34% year over year. DuPont ( DD ) has won a deal to divest its surface care business to construction solutions provider LATICRETE for an undisclosed price. The transaction, which is subject to regulatory clearances and other closing conditions, is expected to be completed in late-June 2014. Following the takeover, LATICRETE will merge StoneTech, Stone Care and Paver Armor Pro branded products with its existing offerings that are already placed in professional and retail channels globally. 3M Company 's ( MMM ) note issuance of up to $1.1 billion of unsecured debt was assigned an Aa2 rating by Moody's along with a stable outlook. Moody's also assigned an Aa2 rating to the company's refreshed medium-term note (MTN) program. The unsecured notes are split between maturities of 5 and 30 years. Aa2 is an investment grade rating, indicating high quality obligations with very low credit risk. The ratings are consistent with 3M's current Aa2 senior unsecured rating and Aa2 unsecured MTN program rating. General Electric Co. ( GE ) has been entrusted with the responsibility of building critical infrastructure related to the railway and energy sectors in Angola by the Export-Import Bank (Ex-Im) of the U.S. According to Reuters, the strategic effort is likely to enable the second-biggest oil producer of Africa to rebuild the transport, electricity and communications networks that were ravaged by the 27-year civil war that ended in 2002. The deal financed by Ex-Im entails General Electric to supply $650 million of energy equipment and $350 million worth of railway machinery to Angola. JPMorgan Chase & Co. ( JPM ) has been sued by the city of Los Angeles over discriminatory lending practices. In a case filed in the U.S. District Court for the Central District of California, the city of Los Angeles is seeking unspecified damages from JPMorgan owing to its engagement in discriminatory mortgage practices since 2004. The banking major has been accused of denying mortgages to the minority borrowers on the same terms as others and also at times of providing them with loans that were beyond their means to repay. Performance of the Top 10 Dow Companies The table given below shows the price movements of the 10 largest components of the Dow, which is a price weighted index, over the last five days and during the last six months. Over the last five trading days, the Dow has gained 1.06%. Ticker Last 5 Day'S Performance 6 Month Performance V -1.30% +5.13% IBM +1.61% +4.68% GS +1.80% -2.77% MMM +1.13% +11.74% BA +1.68% +1.21% CVX +0.98% +1.01% UTX +1.72% +6.34% XOM -0.14% +5.12% MCD +1.33% +5.84% CAT +4.14% +25.10% Next Week's Outlook This has been one of the best weeks for the Dow in recent times. The blue chip index has hit record highs twice, pushed upward for disparate reasons. Manufacturing and services sector data has been bullish. Additionally, investors have eagerly welcomed the ECB's stimulus measures. If Friday's employment report lives up to expectations, it could add to markets' optimism. Next week has some important economic reports lined up. This includes retail sales and initial claims data. But what is of greater significance is whether the impact of ECB's stimulus measures will spill over into next week. These factors will possibly determine market direction going forward. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMORGAN CHASE (JPM): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report 3M CO (MMM): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report UNITEDHEALTH GP (UNH): Free Stock Analysis Report COCA COLA CO (KO): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report KEURIG GREEN MT (GMCR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for June 09, 2014 C SG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on June 09, 2014. A cash dividend payment of $0.1575 per share is scheduled to be paid on June 26, 2014. Shareholders who purchased CSGS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5% increase over the prior quarter. At the current stock price of $25.91, the dividend yield is 2.43%. The previous trading day's last sale of CSGS was $25.91, representing a -19.31% decrease from the 52 week high of $32.11 and a 30.01% increase over the 52 week low of $19.93. CSGS is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSGS's current earnings per share, an indicator of a company's profitability, is $1.39. Zacks Investment Research reports CSGS's forecasted earnings growth in 2014 as -4.17%, compared to an industry average of -1.5%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-06-09,57.6471,58.076,57.6471,57.9902,"[""ADP Spikes to High on Volume"", ""ADP Spikes to High on Volume"", ""Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for June 10, 2014 C omputer Sciences Corporation ( CSC ) will begin trading ex-dividend on June 10, 2014. A cash dividend payment of $0.23 per share is scheduled to be paid on July 09, 2014. Shareholders who purchased CSC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 15% increase over the prior quarter. At the current stock price of $63.58, the dividend yield is 1.45%. The previous trading day's last sale of CSC was $63.58, representing a -1.76% decrease from the 52 week high of $64.72 and a 49.46% increase over the 52 week low of $42.54. CSC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSC's current earnings per share, an indicator of a company's profitability, is $4.47. Zacks Investment Research reports CSC's forecasted earnings growth in 2015 as 14.89%, compared to an industry average of -1.5%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CSC through an Exchange Traded Fund [ETF]? The following ETF(s) have CSC as a top-10 holding: First Trust Technology AlphaDEX ( FXL ). The top-performing ETF of this group is FXL with an increase of 6.28% over the last 100 days. It also has the highest percent weighting of CSC at 1.92%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Spikes to High on Volume""]" ADP,2014-06-10,57.8857,58.2555,57.5316,57.5543, ADP,2014-06-11,57.3215,57.584,56.9567,57.2743, ADP,2014-06-12,57.2594,57.3432,56.8443,57.0632,"Computer Task Group, Incorporated (CTG) Ex-Dividend Date Scheduled for June 13, 2014 C omputer Task Group, Incorporated ( CTG ) will begin trading ex-dividend on June 13, 2014. A cash dividend payment of $0.06 per share is scheduled to be paid on July 01, 2014. Shareholders who purchased CTG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the same period a year ago. At the current stock price of $15.12, the dividend yield is 1.59%. The previous trading day's last sale of CTG was $15.12, representing a -42.09% decrease from the 52 week high of $26.11 and a 11.42% increase over the 52 week low of $13.57. CTG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CTG's current earnings per share, an indicator of a company's profitability, is $.88. Zacks Investment Research reports CTG's forecasted earnings growth in 2014 as -5.43%, compared to an industry average of 4.5%. For more information on the declaration, record and payment dates, visit the CTG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-06-13,57.2663,57.6578,57.0632,57.4744, ADP,2014-06-16,57.2249,57.7062,57.2112,57.3572,"[""Convergys Corporation (CVG) Ex-Dividend Date Scheduled for June 17, 2014 C onvergys Corporation ( CVG ) will begin trading ex-dividend on June 17, 2014. A cash dividend payment of $0.07 per share is scheduled to be paid on July 03, 2014. Shareholders who purchased CVG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 16.67% increase over the prior quarter. At the current stock price of $21.37, the dividend yield is 1.31%. The previous trading day's last sale of CVG was $21.37, representing a -12.53% decrease from the 52 week high of $24.43 and a 24.53% increase over the 52 week low of $17.16. CVG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CVG's current earnings per share, an indicator of a company's profitability, is $.89. Zacks Investment Research reports CVG's forecasted earnings growth in 2014 as 38.16%, compared to an industry average of 18.1%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Infosys Limited (INFY) Ex-Dividend Date Scheduled for June 17, 2014 I nfosys Limited ( INFY ) will begin trading ex-dividend on June 17, 2014. A cash dividend payment of $0.7178 per share. Shareholders who purchased INFY stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 124.31% increase over the prior quarter. At the current stock price of $53.98, the dividend yield is 5.32%. The previous trading day's last sale of INFY was $53.98, representing a -14.59% decrease from the 52 week high of $63.20 and a 38.73% increase over the 52 week low of $38.91. INFY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). INFY's current earnings per share, an indicator of a company's profitability, is $3.06. Zacks Investment Research reports INFY's forecasted earnings growth in 2015 as 7.64%, compared to an industry average of 4.6%. For more information on the declaration, record and payment dates, visit the INFY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to INFY through an Exchange Traded Fund [ETF]? The following ETF(s) have INFY as a top-10 holding: First Trust ISE Chindia Index Fund ( FNI ) iShares S&P India Nifty 50 Index Fund ( INDY ) iShares MSCI All Country Asia Information Technology Index Fun ( AAIT ) iShares MSCI Emerging Markets Asia Index Fund ( EEMA ). The top-performing ETF of this group is INDY with an increase of 25.93% over the last 100 days. FNI has the highest percent weighting of INFY at 6.15%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-06-17,57.2319,57.4804,57.0365,57.0425, ADP,2014-06-18,57.0425,57.3916,56.8256,57.3295, ADP,2014-06-19,57.4744,57.5543,57.1371,57.218, ADP,2014-06-20,57.5089,58.0908,57.2446,57.9409, ADP,2014-06-23,57.8759,58.0416,57.5089,57.7743, ADP,2014-06-24,57.721,58.0652,57.5031,57.6539, ADP,2014-06-25,57.437,57.9321,57.3295,57.7941,"[""Top 4 Stocks In The Business Software & Services Industry With The Highest Revenue"", ""Top 4 Stocks In The Business Software & Services Industry With The Highest Revenue"", ""Amdocs Limited (DOX) Ex-Dividend Date Scheduled for June 26, 2014 A mdocs Limited ( DOX ) will begin trading ex-dividend on June 26, 2014. A cash dividend payment of $0.155 per share is scheduled to be paid on July 18, 2014. Shareholders who purchased DOX stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 19.23% increase over the same period a year ago. At the current stock price of $47.25, the dividend yield is 1.31%. The previous trading day's last sale of DOX was $47.25, representing a -3.55% decrease from the 52 week high of $48.99 and a 31.14% increase over the 52 week low of $36.03. DOX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DOX's current earnings per share, an indicator of a company's profitability, is $2.58. Zacks Investment Research reports DOX's forecasted earnings growth in 2014 as 7.97%, compared to an industry average of 7.4%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: Market Vectors Israel ETF ( ISRA ) PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is ISRA with an increase of 3.09% over the last 100 days. It also has the highest percent weighting of DOX at 5.47%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top 4 Stocks In The Business Software & Services Industry With The Highest Revenue""]" ADP,2014-06-26,57.8148,57.8148,57.3432,57.6924,"[""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for June 27, 2014 M onotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on June 27, 2014. A cash dividend payment of $0.08 per share is scheduled to be paid on July 21, 2014. Shareholders who purchased TYPE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 33.33% increase over the same period a year ago. At the current stock price of $28.16, the dividend yield is 1.14%. The previous trading day's last sale of TYPE was $28.16, representing a -15.31% decrease from the 52 week high of $33.25 and a 22.81% increase over the 52 week low of $22.93. TYPE is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). TYPE's current earnings per share, an indicator of a company's profitability, is $.77. Zacks Investment Research reports TYPE's forecasted earnings growth in 2014 as 2.08%, compared to an industry average of 2.7%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for June 27, 2014 P egasystems Inc. ( PEGA ) will begin trading ex-dividend on June 27, 2014. A cash dividend payment of $0.03 per share is scheduled to be paid on July 15, 2014. Shareholders who purchased PEGA stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 100% increase over the prior quarter. At the current stock price of $20.93, the dividend yield is .57%. The previous trading day's last sale of PEGA was $20.93, representing a -18.77% decrease from the 52 week high of $25.77 and a 34.95% increase over the 52 week low of $15.51. PEGA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). PEGA's current earnings per share, an indicator of a company's profitability, is $.49. Zacks Investment Research reports PEGA's forecasted earnings growth in 2014 as 5.43%, compared to an industry average of 2.7%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEGA through an Exchange Traded Fund [ETF]? The following ETF(s) have PEGA as a top-10 holding: iShares Enhanced U.S. Small-Cap ( IESM ) SPDR S&P Software & Services ETF ( XSW ). The top-performing ETF of this group is IESM with an increase of 4.02% over the last 100 days. It also has the highest percent weighting of PEGA at 1.57%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-06-27,57.6539,58.0169,57.505,57.9635,"[""Barclays Dow Automatic Data Processing, Inc. to Equal-weight"", ""Barclays Dow Automatic Data Processing, Inc. to Equal-weight"", ""Can Paychex Inc. (PAYX) Surprise this Earnings Season? - Analyst Blog Payroll and human resource solutions provider, Paychex Inc. ( PAYX ) is set to report fourth-quarter fiscal 2014 results on Jul 1. Last quarter, the company posted a positive earnings surprise of 4.8%. It is also worth noting that Paychex has outperformed the Zacks Consensus Estimate in all the four preceding quarters with a positive earnings surprise average of 3.0%. Let us see how things are shaping up for this announcement. Growth Factors this Past Quarter Paychex reported better-than-expected third-quarter results primarily boosted by modest revenue growth and margin expansion. Paychex reported better-than-expected third-quarter results, primarily boosted by modest revenue growth and margin expansion. Moreover, increases in checks per payroll and revenue per check positively impacted Payroll's service revenues. Human Resource Services revenues were driven by client growth and price increases. We remain encouraged by the company's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives such as joint ventures and acquisitions support its long-term growth strategy. Product launches are also expected to provide additional support. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide the company with additional opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ( ADP ) and Insperity remain the possible headwinds for the company. Earnings Whispers? Our proven model does not conclusively show that salesforce will beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stands at 40 cents. Hence, the difference is 0.00%. Zacks Rank: Paychex's Zacks Rank #3 (Hold) when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with Zacks Ranks #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Other Stocks to Consider Here are some other companies, which you may consider as our model shows that they have the right combination of elements to post an earnings beat this quarter: CHC Group Ltd. ( HELI ) Earnings ESP of +3.33% and a Zacks Rank #2 (Buy) Progressive Corp. ( PGR ) has an Earnings ESP of +2.13% and holds a Zacks Rank #3 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report PROGRESSIVE COR (PGR): Free Stock Analysis Report CHC GROUP LTD (HELI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Barclays Dow Automatic Data Processing, Inc. to Equal-weight""]" ADP,2014-06-30,57.7062,57.9715,57.4804,57.8148, ADP,2014-07-01,58.0623,58.7506,57.7574,58.6125, ADP,2014-07-02,58.4153,58.5978,58.0553,58.4991,"[""Payroll Data Forecasts In Doubt Following ADP Report's Upside Surprise"", ""Payroll Data Forecasts In Doubt Following ADP Report's Upside Surprise"", ""Good News from ADP - Ahead of Wall Street Wednesday, July 2, 2014 This is Mark Vickery, covering for Sheraz Mian while he is away this week. June employment numbers from private-sector payroll firm ADP ( ADP ) came in better than expected this morning, with 281K new jobs created last month, notably better than the consensus 208K expected. The ADP number traditionally is released a couple days before the Bureau of Labor Statistics (BLS) non-farm payroll numbers, which will this week be released tomorrow morning due to the July 4th holiday on Friday. May's ADP number was unchanged at 179K, but in every other initial read, the numbers were up for the month of June: Goods posted 51K, Services 230K; Manufacturing was up 12K and Construction 36K. Small businesses gained 117K jobs in the month. Tomorrow's BLS report is expected to show 215K new jobs for June, but some economists are no doubt upwardly revising their numbers based on the strong ADP results. Also, the 10-year bond immediately jumped to 2.59% upon the ADP release. These are the types of results we've been not only looking for but needing in order for our loftily-traded market prices to be justified. The second half of 2014 is anticipated by virtually everyone to hold most of the economic strength for the full year, and seeing impressive jobs numbers from ADP this morning are a good sign that at least some aspects of our economy appear to be on-track. Fed Chair Janet Yellen will speak later this morning at the International Monetary Fund's (IMF) about growth in the U.S. economy and Fed policy, among other issues. Based on recent quotes from the head of the Federal Reserve, we don't expect anything too radical from Yellen's oratory today. Also, U.S. factory order numbers are expected to be released this morning. Certainly a lot to chew on considering this is a holiday-shortened week with expected low trading volume. Investors would do well to keep their eye on the ball of macroeconomic developments in order to best position themselves in the market for the second half of 2014. Constellation Brands ( STZ ) beat estimates this morning, Rackspace ( RAX ) jumped in the pre-market on discussions of turning the company private and JPMorgan ( JPM ) CEO Jamie Dimon has announced his health problems, while not severe, will keep him from a planned visit to Europe in a professional capacity. Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report CONSTELLATN BRD (STZ): Free Stock Analysis Report RACKSPACE HOSTG (RAX): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex's Q4 Earnings In Line with Estimates, Revenues Beat - Analyst Blog Paychex Inc. ( PAYX ) reported fourth-quarter 2014 earnings of 40 cents per share, which came in line with the Zacks Consensus Estimate. Notably, on a year-over-year basis, reported earnings per share increased 18.3%. Quarter Details Paychex reported total revenue (including Interest on funds held for clients) of $639.0 million for the quarter, which not only increased 9.2% from the year-ago period but also came ahead of the Zacks Consensus Estimate of $618.0 million. Excluding interest on funds held for clients, which was up 2.0% on a year-over-year basis, total services revenues (Payroll service and Human Resource Services) increased 9.3% from the year-ago quarter to $628.8 million. Interest on funds held for clients was up due to lower average interest rates earned, which partially offset an increase of 3.0% in average investment balances. Payroll Service segment revenues increased 3.1% from the year-ago period to $394.5 million, primarily driven by higher checks per payroll, revenue per check and client base. Checks per payroll increased 1.1% from the year-ago quarter. The company witnessed growth in revenue per check on the back of price increases and higher adoption of Paychex's products. Paychex had roughly 580K payroll clients as of May 31, 2014, up 2.0% on a year over year basis. Buoyed by growth in client base in retirement services, HR Solutions and eServices products, Paychex's Human Resource Services segment generated revenues of $234.3 million, which increased 21.6% from the year-ago quarter. Paychex's total expenses increased 9.9% from the year-ago quarter to $410.7 million, primarily due to compensation-related expenses. Moreover, higher expenses related to investment in product development and supporting technology and higher sales-related costs were also responsible for the rise in expenses. Moreover, total expenses as a percentage of total revenue increased 46 basis points (bps) on a year-over-year basis. Paychex reported operating income of $228.3 million, up 7.8% from the year-ago period, attributable to a higher revenue base. Operating margin decreased to 35.7% compared with 36.2% in the year-ago quarter, primarily due to higher operating expenses. Excluding interest on funds held for clients, Paychex's operating income came in at $218.1 million or 34.7% of total services revenue, which increased from $201.8 million or 35.1% of total services revenue reported in the year-ago period. Net income came in at $145.9 million or 40 cents, which improved from $123.5 million or 34 cents reported in the year-ago quarter. Balance Sheet & Cash Flow Paychex exited the quarter with cash and cash equivalents of $152.5 million versus $271.3 million at the end of the previous quarter. Corporate investments were $398.7 million compared with $314.4 million in the previous quarter. Paychex has no long-term debt. During the fourth quarter, Paychex repurchased 1.1 million shares for approximately $46.8 million. Year-to-date, the company generated operating cash flow of $880.9 million. Guidance For fiscal 2015, management expects 3-5% increase in Payroll Service revenues from the year-ago period. Human Resource Services revenues are expected to increase in the range of 16.0% to 19.0%. Total service revenue is expected to increase in the range of 8-10%. Interest on funds held for clients and investment income for fiscal 2015 are expected to be flat, primarily affected by low interest rate. Net operating income as a percentage of service revenues is expected to be in the range of 37.0% to 38.0% for fiscal 2015. The effective income tax rate for fiscal 2015 is expected to be constant with the fiscal 2014 guidance (in the range of 36-37%). Our Take Paychex reported modest fourth-quarter results, with the top line beating the Zacks Consensus Estimate and the bottom line matching the same. However, both revenues and earnings increased on a year over year basis, primarily boosted by growth across all its segments. Moreover, Paychex provided an encouraging outlook for fiscal 2015, which signifies that it is relatively well-placed amid the current macroeconomic sluggishness. Moreover, we remain encouraged by the company's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives such as joint ventures and acquisitions support its long-term growth strategy. Product launches are also expected to provide additional support. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide the company with opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ( ADP ) and Insperity ( NSP ) remain the possible headwinds for the company. Currently, Paychex has a Zacks Rank #3 (Hold). Investors can also consider Micron Technology Inc. ( MU ), which carries a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report MICRON TECH (MU): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Payroll Data Forecasts In Doubt Following ADP Report's Upside Surprise""]" ADP,2014-07-03,58.4221,58.7852,58.3403,58.7743,"[""Market Looking Strong On Positive Economic Reports - Economic Highlights Following Wednesday's better-than-expected private-sector jobs report from ADP (ADP), the Bureau of Labor Statistics (BLS) countered with another solid jobs read for June: new job creation for the month went up 288K, with an unemployment rate that has fallen to 6.1% - that's the lowest number since September 2008, or before the crash. In context, consider whether we wouldn't have killed - or severely injured somebody - for numbers like these a couple years ago. Earlier months were upward revised as well: May jobs gains rose to 224K from 217K, and April's 304K revision marks the highest number in more than 2 years. Professional and Business Services went up 67K, Retail +40K, Bars & Restaurants 33K, Healthcare +21K and Local Government +22K. In other words, we're seeing across-the-board strength. While the Participation Rate remains historically low at 62.8%, these are numbers that are hard to argue with. Of course, with the stock market being a forward indicator, what this really amounts to is a justification of record highs recently established. That said, economic strength is still way better than the opposite; we may not see a huge pop in stock trading with the low volumes this week, but there is little if any potential for stocks selling off at these levels with such good news about the general economy. So while taking some time off to vacation somewhere far away from Wall Street in a week like this is almost always worthwhile, taking a nap on the macro-economic narrative that has transpired over the past few days is likely as mistake, especially if you are suspicious about stocks maintaining their relatively lofty valuations. The second half of 2014 is manifesting itself in-line with analysts' bullish consensus; it indeed looks like time to feel good about growth in America again. So what's the next step? Business investment. With traction being established in jobs data - and proven in the past two days - we may see more involvement from corporations sitting on their huge mounds of cash. Put into the system, we might expect even better jobs and productivity numbers going forward. Which is exactly where we were supposed to be in 2014, Q1 notwithstanding. Feels good to be an American. It would anyway on the eve of Independence Day, but it's even sweeter with a positive economic narrative going into Q2 earnings season, beginning next week. Happy Fourth of July! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for July 03, 2014 - Market News Benchmarks ended Wednesday's listless trading session little changed despite upbeat private sector hiring numbers. Investors refrained from betting ahead of the nonfarm payroll data for June that is scheduled for release on Thursday. Investors also kept an eye on Federal Reserve Chairwoman Janet Yellen's comments on financial stability. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) gained 0.1% to close Wednesday's trading session at 16,976.24. The Standard & Poor 500 (S&P 500) advanced almost 0.1% to finish at 1,974.62. However, the tech-laden Nasdaq Composite Index dropped a meager 0.02% and closed yesterday's session at 4,457.73. The fear-gauge CBOE Volatility Index (VIX) dropped almost 3.0% to settle at 10.82. Total volume for the day was roughly 4.79 billion shares, lower than this month's average of 6.15 billion. Decliners outpaced advancing stocks on the NYSE. For 60% stocks that declined, 36% advanced. The S&P 500's movement of 0.21% between the highest and the lowest points during the trading session turned out to be the second narrowest fluctuation since 1993. The Dow traded in the narrowest range this year. However, the meager gains helped benchmarks extend their record highs. The blue-chip index and the S&P 500 closed at a record level for the second straight day. The Dow closed at a record level for the thirteenth time this year. The S&P 500 ended at another high; the twenty-fourth one this year. Encouraging private-sector hiring numbers hardly impacted the markets yesterday. The national employment report from Automatic Data Processing, Inc. (NASDAQ: ADP ) showed private sector hiring improved in June. The report stated 281,000 private jobs were added in June. This was higher than expectations of 208,000 job additions. The figure was more than May's unrevised figure of 179,000. June's job additions were also the most since November 2012. The strong ADP report on private-sector hiring came in a day ahead of the U.S. Bureau of Labor Statistics' nonfarm payroll data for June. Total non-farm payroll accounts for approximately 80% of the workers who produce the entire GDP of the United States. Analysts are expecting an addition of 213,000 nonfarm payroll jobs. However, they believe the unemployment rate will remain unchanged at 6.3%. Separately, according to the U.S. Department of Commerce, new orders for manufactured goods decreased 0.5% in May. This was more than the consensus estimate of a decrease by 0.3%. This reading follows April's revised increase of 0.8%. Excluding transportation, new orders decreased 0.1% in May. Separately, unfilled orders, shipments and inventories data were up 0.6%, 0.1% and 0.8%, respectively. Separately, at the International Monetary Fund in Washington, Yellen said: \""Monetary policy faces significant limitations as a tool to promote financial stability\"". She added: \""Its effects on financial vulnerabilities, such as excessive leverage and maturity transformation, are not well understood and are less direct than a regulatory or supervisory approach\"". She stated that concerns over financial stability shouldn't lead to a change in current monetary policy. Last month, the Federal Reserve kept its monetary policy \""highly accommodative\"" and suggested there would be no immediate rate hikes. Yellen added that the central bank will consider a \""wide range of indicators\"" for deciding rate hikes. She added there \""is no mechanical formula\"" to help Fed decide on raising rates. Among individual stocks, Constellation Brands Inc. (NYSE: STZ ) was one of the S&P 500's biggest percentage gainers. Shares of the distributor of Corona beer and Svedka vodka went up 2.3% after the company reported better-than-expected earnings for the first quarter of fiscal 2015. Driven by the acquisition of Crown Imports business last year, adjusted earnings for the first quarter of fiscal 2015 jumped nearly threefold to $1.07 per share from 38 cents posted in the comparable year-ago quarter. Quarterly earnings outpaced the Zacks Consensus Estimate of 92 cents per share. Airline stocks posted the biggest losses among the S&P 500 components. Shares of U.S. airline companies such as Delta Air Lines Inc. (NYSE: DAL ), United Continental Holdings, Inc. (NYSE: UAL ), American Airlines Group Inc. (NASDAQ: AAL ) and The Boeing Company (NYSE: BA ) declined 5.1%, 7.1%, 4.4% and 0.4%, respectively. The Nasdaq ended in negative territory after momentum stocks showed signs of weakness. High-growth stocks such as Facebook, Inc. (NASDAQ: FB ), Netflix, Inc. (NASDAQ: NFLX ), The Priceline Group Inc. (NASDAQ: PCLN ) and Tesla Motors, Inc. (NASDAQ: TSLA ) dropped 2.4%, 1.3%, 0.7% and 4.3%, respectively. Bio-tech stocks advanced yesterday and key stocks including Gilead Sciences Inc. (NASDAQ: GILD ), Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX ) Amgen Inc. (NASDAQ: AMGN ), Biogen Idec Inc. (NASDAQ: BIIB ), Celgene Corporation (NASDAQ: CELG ) and Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN ) increased 2.1%, 2.3%, 0.6%, 1.9%, 1.8% and 1.7%, respectively. The Health Care Select Sector SPDR (XLV) gained almost 0.8%, the highest among the S&P 500 sectors. On the other hand, the utilities sector suffered its biggest one-day percentage decline since May 2. The sector declined 1.9%. Key stocks from the sector such as Duke Energy Corporation (NYSE: DUK ), NextEra Energy, Inc. (NYSE: NEE ), Dominion Resources, Inc. (NYSE: D ), Southern Company (NYSE: SO ), Exelon Corporation (NYSE: EXC ) decreased 1.9%, 1.7%, 2.1%, 1.8% and 3.1%, respectively. Overall, 5 out of 10 sectors of the S&P 500 ended in the green. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report CONSTELLATN BRD (STZ): Free Stock Analysis Report DELTA AIR LINES (DAL): Free Stock Analysis Report UNITED CONT HLD (UAL): Free Stock Analysis Report AMER AIRLINES (AAL): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report NETFLIX INC (NFLX): Free Stock Analysis Report PRICELINE.COM (PCLN): Free Stock Analysis Report TESLA MOTORS (TSLA): Free Stock Analysis Report GILEAD SCIENCES (GILD): Free Stock Analysis Report VERTEX PHARM (VRTX): Free Stock Analysis Report AMGEN INC (AMGN): Free Stock Analysis Report BIOGEN IDEC INC (BIIB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-07-07,58.4725,58.72,58.4153,58.6619,"Payroll And HR Services Likely To Bolster Paychex's Revenue However Margins May Negatively Impact Profit Paychex ( PAYX ) is set to announce the results of its fourth quarter fiscal year 2014 (fiscal year ends on May 31) on July 1, after market closes. In the third quarter, its revenue grew 7.3% to reach $636.5 million driven by strong performance across its Payroll and HR Outsourcing segments, which offset a decline in interest earned on funds held for clients. Paychex's net income increased 10.7% to reach $160.1 million. During the three months form Paychex's fourth quarter, March, April and May, the unemployment rate for the U.S. has remained well below 7.3%, the average for 2013. In March, the unemployment rate was 6.7% and in April and May it was 6.3%. Additionally, 191,000, 220,000 and 179,000 jobs were added in March, April and May respectively. Some of the decline in the unemployment rate came from workers dropping out of the labor force. We believe that Paychex will have benefited from the addition of jobs and improvement in the employment situation in the U.S. and this will reflect in its fourth quarter revenues. However, sequential decline in margins may impact its bottom line. See our complete analysis of Paychex here. Payroll Processing division to benefit from growth in checks per client Check per client indicates the average number of employees Paychex's Payroll service caters to for a client. A decrease in unemployment rate indicates that clients are hiring more employees. This in turn increases Paychex's checks per client. With increase in checks per client, the segment's revenue also increases. In the third quarter, Paychex's Payroll Processing division posted revenue growth of 5% driven by 1% increase in checks per client. Improving employment conditions in the U.S. have helped increase Paychex's check per client for 16 consecutive quarters. We believe that this trend will continue in the fourth quarter as well. Combined with price increases, this should lead to mid single digit growth in the segment's fourth quarter revenue. Operating Margins May Decline Sequentially Operating margin is a ratio which measures the proportion of revenues left after accounting for operating expenses. It is an indicator of the company's operating efficiency and a higher ratio indicates higher efficiency. Paychex's annual operating margins have historically remained close to 38%. As per Paychex's management, the company's quarterly operating margin trends downwards through the year. This is also evident from the operating margin for each quarter. In the first quarter of fiscal 2014, the operating margin was 41%. This declined to 39.7% in the second quarter and then 39.4% in the third quarter. We expect the trend to continue into the fourth quarter driven by various technology investments to expand their Software-as-a-Service portfolio and seasonal sales related expenses. HR Outsourcing division will bolster Paychex's revenue The HR Outsourcing division has historically shown strong growth as a value-added service to the company's existing payroll processing clients. In the third quarter, HR service revenue grew 12.4% to $212.1 million due to an increase in its client base for online HR administration products, retirement services and HR solutions. Growth in average asset value of participant's funds, insurance premiums and number of health and benefits applicants also contributed to the segment's revenue. In the fourth quarter, we expect to see low teens growth in the segment driven by the declining unemployment rates. See More at Trefis|View Interactive Institutional Research (Powered by Trefis) | Get Trefis Technology The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-07-08,58.6066,58.9251,58.4301,58.6826, ADP,2014-07-09,58.8295,58.866,58.4794,58.6826,"[""Formula Systems (1985) Ltd. (FORTY) Ex-Dividend Date Scheduled for July 10, 2014 F ormula Systems (1985) Ltd. ( FORTY ) will begin trading ex-dividend on July 10, 2014. A cash dividend payment of $0.48 per share is scheduled to be paid on August 07, 2014. Shareholders who purchased FORTY stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 54.84% increase over the prior quarter. The previous trading day's last sale of FORTY was $27.12, representing a -19.74% decrease from the 52 week high of $33.79 and a 24.46% increase over the 52 week low of $21.79. FORTY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). FORTY's current earnings per share, an indicator of a company's profitability, is $9.07. For more information on the declaration, record and payment dates, visit the FORTY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Equifax Looks Attractive on Diversified Client Base, Risks Remain - Analyst Blog On Jul 7, 2014, we issued an updated research report on Equifax Inc. ( EFX ). Equifax is a leading information services provider to consumers and businesses. The company's offerings are of great importance to its customers as they use the credit information and related analytical services and data to process applications for new credit cards, automobile loans, home and equity loans and other consumer loans. This helps customers understand, manage and protect their clients' information and take better-informed financial decisions. We believe that a solid product portfolio and a clear understanding of the sector will keep Equifax ahead of its peers. Equifax also serves a wide range of industries, such as financial, mortgage, consumer, commercial, telecommunications, retail, human resources and automotive. This diversified client base is extremely beneficial as weakness in any sector can be balanced with strength in the others. Additionally, the company has made strategic acquisitions to supplement its core business. During 2013, Equifax acquired several small companies in addition to TrustedID, a direct-to-consumer identity protection business. Moreover, in Jan 2014, Equifax acquired TDX Group, a U.K.-based debt-management firm, for $327.0 million. We believe that the acquisition will enable Equifax to provide a broad insight into consumer performance, financial status, capabilities of customers and market opportunities. Moreover, it will further solidify Equifax's presence in the U.K., which in turn will boost its revenues. Apart from acquisitions, Equifax has remained enthusiastic about forming joint ventures that could expand its business internationally. Joint ventures keep operating costs down and need no integration time while diversifying the revenue source. To tap the immense growth opportunity in the Brazilian credit data market, Equifax merged credit reporting operations of its Brazilian subsidiary with Boa Vista Servicos S.A., the second-largest consumer credit bureau in Brazil. We believe that the company's investments in the joint ventures will yield desired results and help it to register solid growth over the long term. However, Equifax has a highly leveraged balance sheet. The company had a net debt position of $1.53 billion at the end of first-quarter 2014 (ended Mar 31, 2014), which increased from $1.21 billion at the end of 2013. Thus, the company is in constant need of generating adequate operating cash flows to service its debt. Going forward, competition from Automatic Data Processing Inc. ( ADP ), Fiserv Inc. ( FISV ), Moody's Corp. and uncertainty in the mortgage sector are the headwinds. Currently, Equifax has a Zacks Rank #3 (Hold). A better-ranked stock in the technology sector is SanDisk Corp. ( SNDK ), which has a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SANDISK CORP (SNDK): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-07-10,58.216,58.9251,58.1756,58.4488,"Growth in Client Base Drives Paychex's Payroll and HR Services Divisions Paychex ( PAYX ) reported its fourth quarter earnings (fiscal year ends May 31) on July 1, posting 9% year-on-year growth in total revenues to reach $639 million. This includes the impact of change in Professional Employer Organization ( PEO ) direct cost adjustment. Growth in client base at Paychex's Payroll and Human Resource Service divisions contributed to the revenue growth. Growth at these segments also drove an 8% increase in total revenue for the fiscal year 2014, which was partially offset by a decline in interest earned on funds held for clients. Net income and earnings per share grew 18% due to the impact of an increase in provision for tax in the fourth quarter of the previous fiscal year. For the full fiscal year, net income and earnings per share grew 10%. Paychex has introduced a change in its accounting for direct costs related to its PEO service. Earlier revenues from the PEO service were recorded net of these direct costs. However, from this quarter onwards, these direct costs will now be included in operating expenses. This change in accounting methodology for PEO direct costs does create an artificial increase in the company's reported revenue but has no impact on its operating income. Excluding the impact of change in accounting for PEO direct costs, the total revenue in the fourth quarter increased 5% year-on-year. Paychex's operating income, the difference between its revenue and operating expense, grew 8% in the fourth quarter and 9% for fiscal year 2014. Paychex provided a guidance of 8-10% growth in total service revenues for the fiscal year 2015. This guidance includes the impact of classification of PEO direct costs as operating expenses. See our complete analysis of Paychex here. Payroll services revenue driven by increase in clients Paychex's Payroll services revenue grew 3% year-on year in the fourth quarter driven by an increase in its check per client, revenue per check and increased penetration of products. Check per payroll, which indicates the average number of employees Paychex's Payroll service caters to for a client, increased 1.1% driven by the healthy employment conditions in the U.S. In March, the unemployment rate was 6.7% and in April and May it was 6.3%. Revenue per check increased as a result of price increase which was partially offset by discounts. For the fiscal year 2014, Payroll services revenue grew 4%. Paychex's Payroll clients increased 2% to reach approximately 580,000. The company expects 3-5% growth in the segment's revenues for the fiscal year 2015 based on its estimates for growth in revenue per check and client base growth. HR services posts double-digit growth driven by increase in client base Paychex's HR Services revenue grew 22% year-on-year in the fourth quarter as a result of change in classification of PEO direct costs. Excluding the impact of the PEO adjustment, the segment's revenue grew 10% during the quarter and 12% during the fiscal year, driven by an increase in its client base for its HR Solutions, retirement services and online HR administration products. Paychex HR Solutions clients grew 13% and client employees grew 14% during the fiscal year. Increase in retirement plans, higher insurance premiums and increase in the number of health and benefits applicants also contributed to the segment's revenue growth. Paychex's growing focus on Software-as-a-Service (SaaS) solutions contributed to strong growth in HR administration products. In October 2013, Paychex announced a new SaaS platform which integrated all of its payroll and HR services and provides a one-stop solution for its clients. The platform offers payroll, HR benefits, time and attendance, training and performance management services through a single interface backed by a centralized database. Paychex recently acquired nettime solutions in order to add an online based time and attendance solution to its product portfolio. ( Read our article here ) These products should continue to bolster revenues and help improve margins. Operating margin declines due to seasonality and technology related investments Paychex's operating margin declined 45 basis points year-on-year to reach 35.7% in the fourth quarter driven by various technology investments to expand their Software-as-a-Service portfolio. On a sequential basis, operating margin declined 3.7% on account of seasonal sales related expenses. For the fiscal year 2014, Paychex's operating margin increased 10 basis points. We expect to see an increase in margins in the coming years driven by the increased adoption of SaaS based products. However, due to the impact of change in classification of PEO direct costs, the operating margin is expected to remain within the range of 37-38%. See More at Trefis|View Interactive Institutional Research (Powered by Trefis) | Get Trefis Technology The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-07-11,58.5366,58.5592,58.0623,58.437, ADP,2014-07-14,58.6273,58.7033,58.4587,58.5908, ADP,2014-07-15,58.6273,58.8581,58.2594,58.5908, ADP,2014-07-16,58.7506,58.8374,58.5751,58.7033, ADP,2014-07-17,58.368,58.7279,58.2377,58.3127, ADP,2014-07-18,58.6539,59.1815,58.3551,59.0958, ADP,2014-07-21,58.7743,59.1234,58.6402,59.0573,"[""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Revenue"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Revenue"", ""Top 4 NASDAQ Stocks In The Business Software & Services Industry With The Highest Revenue""]" ADP,2014-07-22,59.1845,59.6431,59.0908,59.5633, ADP,2014-07-23,59.4804,59.7132,59.2841,59.6746,"Wipro Limited (WIT) Ex-Dividend Date Scheduled for July 24, 2014 W ipro Limited ( WIT ) will begin trading ex-dividend on July 24, 2014. A cash dividend payment of $0.081853 per share. Shareholders who purchased WIT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 67.05% increase over the prior quarter. The previous trading day's last sale of WIT was $12.18, representing a -14.59% decrease from the 52 week high of $14.26 and a 53.98% increase over the 52 week low of $7.91. WIT is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). WIT's current earnings per share, an indicator of a company's profitability, is $.52. Zacks Investment Research reports WIT's forecasted earnings growth in 2015 as 8.68%, compared to an industry average of 7.3%. For more information on the declaration, record and payment dates, visit the WIT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WIT through an Exchange Traded Fund [ETF]? The following ETF(s) have WIT as a top-10 holding: EGShares Technology GEMS ETF (QGEM). The top-performing ETF of this group is QGEM with an increase of 31.1% over the last 100 days. It also has the highest percent weighting of WIT at 4.12%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-07-24,59.507,60.1717,59.5001,60.1135,"Equifax Beats on Q2 Earnings Estimates; FY14 Outlook Modest - Analyst Blog Equifax Inc. ( EFX ) reported second-quarter 2014 adjusted earnings per share from continuing operations of 96 cents, which came ahead of the Zacks Consensus Estimate by a couple of cents. Earnings were up 4.4% from the year-ago quarter. Equifax Inc - Earnings Surprise | FindTheBest Quarter Details Equifax's revenues of $613.9 million were up 4.6% year over year and were relatively in line with the Zacks Consensus Estimate. The year-over-year increase resulted from revenue growth in most of its business segments. Segment-wise, total U.S. Consumer Information Solutions revenues were up 2.0% from the year-ago quarter to $264.1 million. Among sub-segments, growth was recorded in the Consumer Financial Marketing Services segment (up 7.0%) and Online Consumer Information Solutions (up 4.0%), which offset the 15.0% revenue decline in the Mortgage Solutions Services. International revenues (including Europe, Canada and Latin America) were up 18.0% year over year to $153.4 million, primarily due to 53.0% growth in the Europe segment which more than offset the 3.0% decline in revenues from Canada Consumer segment and 1.0% decline in revenues from Latin America. Revenues from Europe included the contribution from the TDX Group acquisition. Revenues from the Workforce Solutions segment fell 3.0% on a year-over-year basis to $119.4 million, primarily due to a 6.0% decline in revenues from Verification Services which more than offset a 1.0% increase in revenues from Employer Services. North American Personal Solutions contributed $54.0 million to revenues, reflecting a 5.0% year-over-year improvement. North American Commercial Solutions generated $23.0 million of revenues, and were up 1.0% on year-over-year basis. Equifax's operating margins came in at 27.3% compared with 26.9% reported in the year-ago quarter, primarily due to the effect of the acquisitions. Adjusted net income came in at $119.7 million or 96 cents per share compared with $113.4 million or 92 cents reported in the year-ago quarter. Equifax exited the quarter with $91.7 million in cash and cash equivalents, compared with $101.4 million in the previous quarter. Total long-term debt (including current portion) stood at $1.56 billion. During the quarter, the company paid dividends per share of 25 cents and repurchased stocks worth $49.0 million. Guidance Considering the recent domestic and international business activities, current foreign exchange rates and the expected slowdown in mortgage activities, management expects revenues in the third quarter to range between $620.0 million and $625.0 million (mid-point $622.5 million), while the Zacks Consensus Estimate is pegged at $621.0 million. Earnings are forecasted between 96 cents and 99 cents (mid-point 97.5 cents). The Zacks Consensus Estimate is pegged at 98 cents. Equifax also provided its fiscal 2014 forecast. The company expects is revenues to range between $2.440 billion and $2.465 billion and earnings in the range of $3.81 to $3.91 per share. The Zacks Consensus Estimate for revenues is pegged at $2.455 billion while that for earnings stands at $3.84. Our Take Equifax reported modest second-quarter results. While the bottom line beat the Zacks Consensus Estimate, the top line came in line with the consensus mark. Nonetheless, the company's revenues increased on a year-over-year basis aided by strong growth across most of its business segments. The company also provided a modest third-quarter and fiscal 2014 guidance. Management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America were encouraging. Given the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure, we see a gradual improvement in results. Moreover, improving mortgage environment could be a positive for the stock. However, stiff competition from Automatic Data Processing Inc. ( ADP ), Fiserv Inc. ( FISV ), Moody's Corp. ( MCO ) and uncertainty in the mortgage sector are the concerns. Currently, Equifax has a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-07-25,60.1766,60.2516,59.8285,60.2447,"[""UPDATE: Bank Of America Reiterates Automatic Data Processing As Dealer Spin-Off May Unlock Value"", ""UPDATE: Bank Of America Reiterates Automatic Data Processing As Dealer Spin-Off May Unlock Value"", ""UPDATE: Bank Of America Reiterates Automatic Data Processing As Dealer Spin-Off May Unlock Value""]" ADP,2014-07-28,60.1422,60.2447,59.7339,60.1569, ADP,2014-07-29,60.2654,60.3029,59.7043,59.7043,"EPIQ Systems, Inc. (EPIQ) Ex-Dividend Date Scheduled for July 30, 2014 E PIQ Systems, Inc. ( EPIQ ) will begin trading ex-dividend on July 30, 2014. A cash dividend payment of $0.09 per share is scheduled to be paid on September 09, 2014. Shareholders who purchased EPIQ stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that EPIQ has paid the same dividend. At the current stock price of $13.57, the dividend yield is 2.65%. The previous trading day's last sale of EPIQ was $13.57, representing a -19.23% decrease from the 52 week high of $16.80 and a 16.23% increase over the 52 week low of $11.68. EPIQ is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EPIQ's current earnings per share, an indicator of a company's profitability, is $.12. Zacks Investment Research reports EPIQ's forecasted earnings growth in 2014 as -54.32%, compared to an industry average of 1.8%. For more information on the declaration, record and payment dates, visit the EPIQ Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-07-30,60.0396,60.1352,59.59,59.9094,"[""Midday Update: GDP Spooks Wall Street On Fears of Less Accommodative Fed Wall Street reversed course soon after the open Wednesday, turning south after the Bureau of Economic Analysis reported its initial estimate for Q2 gross domestic product, along with rising inflationary pressures fueled concerns the Federal Reserve will increase short-term interest rates sooner than expected. While the above-consensus 4.0% rise in Q2 GDP initially added to pre-market gains, investor sentiment quickly deteriorated after the opening bell when the full implications of strong growth and higher price pressures were digested. The Dow Jones Industrial Average and S&P 500 were both in the red today although the Nasdaq Composite index continues to outperform thanks to stellar earnings results by Twitter ( TWTR ) and Amgen ( AMGN ), supporting significant gains in social-media and biotech stocks, respectively. Wednesday's economic calendar kicked off with Automated Data Processing ( ADP ) reporting private employers added 218,000 workers in July. Although that trailed the consensus estimate for 235,000 new jobs, the data still was considered market-friendly because it marked the fourth straight month of above-200,000 growth. But the headline event today was the first read on Q2 GDP. After a dismal Q1 where the U.S. ecomony contracted 2.1%, the Street was expecting a 3.1% growth rate and instead got a 4.0% rise. Unfortunately, coupled with a 2.0% increase in the price index also reported today, many market participants are worrying the Fed may be moving too slow in raising short-term rates. Although the Federal Open Markets Committee is not expected to do more today than shave another $10 billion off monthly asset purchases, investors will try to glean any hints that today's data has altered the Fed bias. In Europe, equity markets were defensive on the combination of disappointing Q2 corporate earnings, the fall-out from Russian sanctions and deflationary pressures among EU member nations. All the major indices closed in the red, corresponding with a 9-month low in the euro versus the dollar. Crude oil was down $0.04 to $100.92 per barrel. Natural gas was down $0.06 to $3.77 per 1 million BTU. Gold was down $5.00 to $1,295.50 an ounce, while silver was unchanged at $20.59 an ounce. Copper was up $0.03 to $3.24 per pound. Among energy ETFs, the United States Oil Fund was up 0.13% to $37.44 with the United States Natural Gas Fund was down 1.52% to $20.72. Amongst precious-metal funds, the Market Vectors Gold Miners ETF was down 2.23% to 26.21 while SPDR Gold Shares were down 0.55% to $124.50. The iShares Silver Trust was down 0.46% to $19.69. Here's where the U.S. markets stand at mid-day: NYSE Composite Index down 31.83 (-0.29%) to 10,904.87 Dow Jones Industrial Average down 48.74 (-0.29%) to 16,863.37 S&P 500 down 2.32 (-0.12%) to 1,967.63 Nasdaq Composite Index up 11.27 (+0.25%) to 4,453.97 GLOBAL SENTIMENT Nikkei 225 Index up 0.18% Hang Seng Index up 0.37% Shanghai China Composite Index down 0.09% FTSE 100 Index down 0.50% CAC 40 down 1.22% DAX down 0.62% NYSE SECTOR INDICES NYSE Energy Sector Index down 3.78% NYSE Financial Sector Index up 0.05% NYSE Healthcare Sector Index down 0.10% UPSIDE MOVERS (+) GFIG (+43.41%) Certain assets to be acquired by CME Group ( CME ) (+) TWTR (+20.83%) Beat earnings and revenue estimates, strong guidance (+) GALT (+16.84%) Company responds to criticism of NASH trial (+) ZLTQ (+31.29%) Beats earnings estimates, raises guidance (+) EW (+10.71%) Reported better than expected Q2 results, guidance (+) FTD (+14.29%) Will acquire Liberty Interactive's (LINTA, LINTB) floral and gifting units and announced preliminary Q2 financial results. (+) PTRY (+16.10%) Q3 earnings beats estimates (+) IPWR (+18.52%) Signed a multi-year purchase agreement with Sharp Electronics Corporation (+) IPHI (+18.52%) Buying network infrastructure firm Cortina Systems for $125 mln in cash, stock DOWNSIDE MOVERS (-) RT (-17.02%) Disappointing Q4 results as brand transformation shows little progress (-) PWE, PWT.TO (-17.21%) Reviewing historical financials, will restate some results (-) DWA (-13.18%) Swings to a Q2 loss, misses earnings and revenue estimates (-) UIHC (-15.33%) Missed Q2 revenue expectations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Vanguard Information Technology ETF Experiences Big Inflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Information Technology ETF (Symbol: VGT) where we have detected an approximate $49.4 million dollar inflow -- that's a 0.9% increase week over week in outstanding units (from 56,542,244 to 57,042,244). Among the largest underlying components of VGT, in trading today MasterCard Inc (Symbol: MA) is off about 0.1%, Texas Instruments Inc. (Symbol: TXN) is up about 0.5%, and Automatic Data Processing Inc. (Symbol: ADP) is higher by about 0.1%. The chart below shows the one year price performance of VGT, versus its 200 day moving average: Looking at the chart above, VGT's low point in its 52 week range is $77.28 per share, with $99.73 as the 52 week high point - that compares with a last trade of $99.14. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""GDP Report Fits Positive Stock Market, Q2 Earnings - Ahead of Wall Street Wednesday, July 30, 2014 This morning's strong GDP report provides further confirmation of the bounce-back in the economy and serves as a favorable backdrop for this afternoon's Fed announcement. The Fed isn't expected to spring any surprises today, but the GDP report will increase market chatter about the central bank's longer-term plans. The GDP report shows a strong Q2 bounce-back in the economy from the first quarter's 'shocking' dip in the negative territory, which was also revised up in today's release. The U.S. economy expanded at a +4% annual pace in Q2 relative to expectations of +3% growth and the Q1 decline of -2.1% (revised up from the original -2.9% decline). Gains in consumer spending, inventory investments, spending by businesses and even the government gave us the big Q2 bounce. Consumer spending was up +2.5% in Q2 vs. +1.2% in Q1, with spending on durable goods doing most of the heavy lifting (up +14% vs. +3.2%). Business capital spending, referred to as non-residential fixed investment in the GDP accounts, increased +5.5% in Q2 vs. up +1.6% in Q1. Housing (residential fixed investment) was up +7.5%, reversing the -5.3% decline in Q1. The only less than positive part of the GDP report is the big contribution from inventory investments, a volatile component from period to period. Inventories contributed +1.66 percentage points to the 4% GDP growth - it had subtracted 1.16 percentage points in Q1. The problem with a big inventory build is that it needs to be offset in the coming quarters if not sold to consumers, becoming a drag on growth in the following period's GDP tally. That's why sometimes it's better to look at the growth in Final Sales instead of the 'headline' GDP growth rate. Final Sales, which strip out the impact of inventories, were up +2.3% in Q2 vs. down -1% in Q1. All in all, a very good GDP report, with the bounce-back in consumer and business spending particularly notable. As long as the improving jobs market continues to add to households' buying power, we should expect favorable momentum on the spending front. This morning's ADP ( ADP ) jobs report confirms the overall improving trend in the labor market even though it was a tad bit shy of expectations. The GDP report will justifiably dominate the headlines this morning, but we remain in the thick of the Q2 earnings season and we would like to share the updated Q2 scorecard following this morning's earnings releases. Including this morning's reports from Humana ( HUM ), Hess ( HES ) and others, we now have Q2 results for 303 S&P 500 members that combined account for 68.86% of the index's total market capitalization. Total earnings for these companies are up +8.7% from the same period last year on +5% higher revenues, with 69% beating EPS estimates and 64% coming out with positive revenue surprises. As we have been saying repeatedly in our earnings commentary in recent days, this is better performance than we have seen in awhile: growth rates are better, more companies are beating estimates, and there is even some modest improvement on the guidance front. Sheraz Mian Director of Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report HESS CORP (HES): Free Stock Analysis Report HUMANA INC NEW (HUM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for July 31, 2014 S imulations Plus, Inc. ( SLP ) will begin trading ex-dividend on July 31, 2014. A cash dividend payment of $0.05 per share is scheduled to be paid on August 11, 2014. Shareholders who purchased SLP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that SLP has paid the same dividend. At the current stock price of $5.97, the dividend yield is 3.35%. The previous trading day's last sale of SLP was $5.97, representing a -15.8% decrease from the 52 week high of $7.09 and a 29.78% increase over the 52 week low of $4.60. SLP is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SLP's current earnings per share, an indicator of a company's profitability, is $.19. Zacks Investment Research reports SLP's forecasted earnings growth in 2014 as 5.56%, compared to an industry average of 2.9%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for July 31, 2014 : XOM, COP, MA, OXY, EPD, CL, MCK, DTV, TWC, VRX, ADP, APA T he following companies are expected to report earnings prior to market open on 07/31/2014. Visit our Earnings Calendar for a full list of expected earnings releases. Exxon Mobil Corporation ( XOM ) is reporting for the quarter ending June 30, 2014. The oil company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.91. This value represents a 23.23% increase compared to the same quarter last year. XOM missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -17.99%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for XOM is 13.04 vs. an industry ratio of 14.70. ConocoPhillips ( COP ) is reporting for the quarter ending June 30, 2014. The oil company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.60. This value represents a 13.48% increase compared to the same quarter last year. In the past year COP has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2014 Price to Earnings ratio for COP is 12.83 vs. an industry ratio of 16.10. Mastercard Incorporated ( MA ) is reporting for the quarter ending June 30, 2014. The financial transactions company's consensus earnings per share forecast from the 18 analysts that follow the stock is $0.77. This value represents a 10.00% increase compared to the same quarter last year. MA missed the consensus earnings per share in the 4th calendar quarter of 2013 by -5%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for MA is 25.13 vs. an industry ratio of -87.70, implying that they will have a higher earnings growth than their competitors in the same industry. Occidental Petroleum Corporation ( OXY ) is reporting for the quarter ending June 30, 2014. The oil company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.75. This value represents a 10.76% increase compared to the same quarter last year. OXY missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -1.86%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for OXY is 13.59 vs. an industry ratio of 16.10. Enterprise Products Partners L.P. ( EPD ) is reporting for the quarter ending June 30, 2014. The oil/gas company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.73. This value represents a 12.31% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for EPD is 24.76 vs. an industry ratio of 30.20. Colgate-Palmolive Company ( CL ) is reporting for the quarter ending June 30, 2014. The cleaning company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.73. This value represents a 4.29% increase compared to the same quarter last year. In the past year CL has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2014 Price to Earnings ratio for CL is 22.19 vs. an industry ratio of 19.80, implying that they will have a higher earnings growth than their competitors in the same industry. McKesson Corporation ( MCK ) is reporting for the quarter ending June 30, 2014. The medical/dental supplies company's consensus earnings per share forecast from the 10 analysts that follow the stock is $2.34. This value represents a 13.04% increase compared to the same quarter last year. MCK missed the consensus earnings per share in the 4th calendar quarter of 2013 by -21.62%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MCK is 17.96 vs. an industry ratio of 13.80, implying that they will have a higher earnings growth than their competitors in the same industry. DIRECTV ( DTV ) is reporting for the quarter ending June 30, 2014. The satellite communications company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.52. This value represents a 28.81% increase compared to the same quarter last year. DTV missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -8.53%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for DTV is 14.72 vs. an industry ratio of -66.00, implying that they will have a higher earnings growth than their competitors in the same industry. Time Warner Cable Inc ( TWC ) is reporting for the quarter ending June 30, 2014. The cable tv company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.93. This value represents a 14.20% increase compared to the same quarter last year. In the past year TWC has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 5.95%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for TWC is 19.02 vs. an industry ratio of 32.20. Valeant Pharmaceuticals International, Inc. ( VRX ) is reporting for the quarter ending June 30, 2014. The drug company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.91. This value represents a 51.59% increase compared to the same quarter last year. VRX missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -1.56%. The \""days to cover\"" for this stock exceeds 13 days.The days to cover, as reported in the 7/15/2014 short interest update, increased 160.73% from previous report on 6/30/2014. Zacks Investment Research reports that the 2014 Price to Earnings ratio for VRX is 14.28 vs. an industry ratio of 13.70, implying that they will have a higher earnings growth than their competitors in the same industry. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending June 30, 2014. The outsourcing company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.63. This value represents a 12.50% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ADP is 26.07 vs. an industry ratio of 17.20, implying that they will have a higher earnings growth than their competitors in the same industry. Apache Corporation ( APA ) is reporting for the quarter ending June 30, 2014. The oil (us exp & production) company's consensus earnings per share forecast from the 16 analysts that follow the stock is $1.68. This value represents a 16.42% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for APA is 14.54 vs. an industry ratio of 51.20. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-07-31,59.9655,60.1649,59.0178,59.2989,"[""Earnings Scheduled For July 31, 2014"", ""Automatic Data Processing, Inc. Reports Q4 EPS of $0.60 vs $0.63 Est; Revenue of $3.07B vs $3.03B Est"", ""ADP Expecting FY15 Sales Growth 7-8%, EPS Growth 11-13%"", ""UPDATE: ADP Posts In-Line FQ4 Earnings"", ""UPDATE: ADP Posts In-Line FQ4 Earnings"", ""ADP Expecting FY15 Sales Growth 7-8%, EPS Growth 11-13%"", ""Automatic Data Processing, Inc. Reports Q4 EPS of $0.60 vs $0.63 Est; Revenue of $3.07B vs $3.03B Est"", ""Earnings Scheduled For July 31, 2014"", ""Automatic Data Processing (ADP) Posts In Line Q4 Earnings - Analyst Blog Automatic Data Processing Inc. ( ADP ) reported fourth-quarter fiscal 2014 earnings from continuing operations of 63 cents per share, which was inline with the Zacks Consensus Estimate. Quarter Details Revenues increased 9.7% year over year to $3.07 billion, which beat the Zacks Consensus Estimate of $3.03 billion. The year-over-year growth was driven by strong results from Employer Services, PEO Services and Dealer Services segments. Employer Services revenues increased 8.3% year over year to $2.14 billion. The number of employees on clients' payrolls in the United States grew 2.9% in the quarter on a same-store-sales basis. PEO Services revenues rose 19.2% year over year to $584 million in the reported quarter. Dealer Services revenues increased 7.6% on a year-over-year basis to $499.4 million. In the quarter, combined worldwide new business bookings for Employer Services and PEO Services grew 5% year over year. New business bookings represent annualized recurring revenues anticipated from new orders. Interest on funds held for clients declined 5.4% year over year to $95.1 million. The decline was primarily due to a 20 basis points (bps) drop in average interest yield to 1.7%, which was offset to a certain extent by an increase of 7% in average client funds balances from $20.4 billion to $21.8 billion. Total expenses in the reported quarter increased 8.4% year over year to $2.62 billion, attributable to higher operating expenses (up 9.7% year over year), selling, general & administrative expense (up 6.5% year over year) and systems development & programming costs (up 7.1% year over year). ADP reported pre-tax earnings of $449.3 million from continuing operations, up 24.5% from the year-ago quarter. Employer Services, PEO services and Dealer services pre-tax income increased 14%, 17% and 14%, respectively, on a year-over-year basis in the reported quarter. Net income from continuing operations was $303.6 million or 63 cents per share compared with $266.7 million or 55 cents in the year-ago quarter. Automatic Data Processing, Inc - Earnings Surprise | FindTheBest ADP exited the quarter with cash and cash equivalents were $4.02 billion. Long-term debt was $11.5 million versus $12.1 million in the previous quarter. Dealer Services Spin-off In April, ADP announced its plans to spin-off the Dealer Services business into an independent publicly traded company. ADP expects the spin-off to be completed in Oct 2014. The Dealer Services business segment provides marketing solutions to over 26,000 auto retailers, distributors and manufacturers. The 100% tax-free spin-off will help ADP focus more on its core Human Capital Management (HCM) business, going forward. Per management, the strong long-term growth prospect of the automotive market will provide significant growth opportunities to the Dealer Services business. The transaction is expected to provide ADP at least $700.0 million, which it plans to use in buying back shares. ADP expects to keep the current quarterly cash dividend of 48 cents per share constant for the time being. Post the spin-off, the company expects to eventually raise its dividend payout ratio to 55-66%. Guidance ADP expects fiscal 2015 revenues to grow in the range of 7% to 8% on a year-over-year basis. Earnings growth is projected to be 11% to 13%. Employer Services revenues are expected to grow approximately 6% to 7% with a pre-tax margin expansion of approximately 100 bps. PEO Services revenues are expected be 13% to 15%). Pre-tax margin is expected to grow 50 bps on a year-over-year basis. Combined Employer Services and PEO Services new business bookings are forecasted to be approximately 8.0% for fiscal 2014. ADP expects Dealer Services revenues to increase 7% to 8% with a pre-tax margin expansion of approximately 50 bps. Our Take ADP is expected to perform better on the back of improved execution and higher client retention. Moreover, recovery in the job market will help the company. However, volatile macroeconomic environment and increasing competition from Paychex Inc. ( PAYX ) and Equifax Inc. ( EFX ) are the near-term headwinds. However, we believe that the Dealer-services spin-off will remain an overhang on the stock in the near term. Although the plan is shareholder friendly, it did not go down well with credit rating agencies. Following the announcement, the Standard & Poor's lowered ADP's credit rating from AAA to AA, primarily due to the company's plan of using the proceeds to buy back shares. Moody's' ( MCO ) Investor service also decreased its rating to Aa1, citing lower scale and variety of ADP's product portfolio. Currently, ADP has a Zacks Rank #4 (Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: ADP Posts In-Line FQ4 Earnings"", ""ADP Expecting FY15 Sales Growth 7-8%, EPS Growth 11-13%"", ""Automatic Data Processing, Inc. Reports Q4 EPS of $0.60 vs $0.63 Est; Revenue of $3.07B vs $3.03B Est"", ""Earnings Scheduled For July 31, 2014"", ""Double-digit losses for Yelp, L-3, 3D Systems, Adidas Tesla slides ahead of second-quarter earnings report Yum Brands drops on problems in China and Whole Foods delivers weak sales. T-Mobile US jumps on Iliad bid.""]" ADP,2014-08-01,58.9744,59.6746,58.9744,59.4675,"[""UPDATE: Deutsche Bank Reiterates On Automatic Data Processing Following Dealer Spin-Off"", ""UPDATE: Deutsche Bank Reiterates On Automatic Data Processing Following Dealer Spin-Off"", ""UPDATE: Deutsche Bank Reiterates On Automatic Data Processing Following Dealer Spin-Off""]" ADP,2014-08-04,59.3058,59.436,58.7743,59.223, ADP,2014-08-05,59.2388,59.2388,58.4587,58.6885,"[""ADP Adds 30M Shares To Buyback"", ""ADP Adds 30M Shares To Buyback"", ""ADP Adds 30M Shares To Buyback""]" ADP,2014-08-06,58.6451,58.8295,58.4409,58.6066, ADP,2014-08-07,58.8374,59.0484,58.2023,58.3907, ADP,2014-08-08,58.4853,59.2763,58.4853,59.1569, ADP,2014-08-11,59.223,59.6125,59.1845,59.3167, ADP,2014-08-12,59.1481,59.5633,59.0178,59.2694, ADP,2014-08-13,59.4675,59.8512,59.1935,59.798,"[""Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for August 14, 2014 E vertec, Inc. ( EVTC ) will begin trading ex-dividend on August 14, 2014. A cash dividend payment of $0.1 per share is scheduled to be paid on September 05, 2014. Shareholders who purchased EVTC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that EVTC has paid the same dividend. At the current stock price of $22.43, the dividend yield is 1.78%. The previous trading day's last sale of EVTC was $22.43, representing a -14.81% decrease from the 52 week high of $26.33 and a 8.67% increase over the 52 week low of $20.64. EVTC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EVTC's current earnings per share, an indicator of a company's profitability, is $.87. Zacks Investment Research reports EVTC's forecasted earnings growth in 2014 as 12.53%, compared to an industry average of 16.4%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EVTC through an Exchange Traded Fund [ETF]? The following ETF(s) have EVTC as a top-10 holding: Market Vectors Latin America Small-Cap Index ETF ( LATM ). The top-performing ETF of this group is LATM with an increase of 5.85% over the last 100 days. It also has the highest percent weighting of EVTC at 1.56%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""SouFun Holdings Limited (SFUN) Ex-Dividend Date Scheduled for August 14, 2014 S ouFun Holdings Limited ( SFUN ) will begin trading ex-dividend on August 14, 2014. A cash dividend payment of $0.2 per share is scheduled to be paid on August 29, 2014. Shareholders who purchased SFUN stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -80% decrease from the prior year. The previous trading day's last sale of SFUN was $12.5, representing a -37.32% decrease from the 52 week high of $19.94 and a 77.86% increase over the 52 week low of $7.03. SFUN is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SFUN's current earnings per share, an indicator of a company's profitability, is $.75. Zacks Investment Research reports SFUN's forecasted earnings growth in 2014 as -10.21%, compared to an industry average of 8.7%. For more information on the declaration, record and payment dates, visit the SFUN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-08-14,61.0968,61.0968,59.571,60.084, ADP,2014-08-15,60.6303,60.6372,59.5563,59.9952,"Celebrating 10 Years of ""Motley Fool Inside Value"" This piece originally appeared in Inside Value . Click here to find out more. One hundred twenty months ago, many of you joined me in a fateful decision: becoming a charter member to Inside Value . Yes, this month marks our 10-year anniversary. Yes. Wow. A lot of water has passed under the bridge: 192 recommendations, 56,000 discussion board posts, the financial crisis. We've evolved from a 2004-esque print issue to real-time alerts and personalized updates. In that time, we've seen the Internet move from scratching the surface of its promise to denting it, and practically every food become available bacon-infused -- and long may bacon mania last. For all the drama, late nights, and bacon-wrapped cupcakes, though, the ethos and mission of Inside Value has never wavered. Our mission is to deliver you winning investment advice by uncovering strong, well run businesses selling for prices that discount their bright futures. I'm pleased to report Inside Value has had a good run. The service has outperformed 98% of the investment newsletters tracked by Hulbert's Financial Digest since our inception and bested the market heading into and out of the Great Recession. And for those of you who have followed our advice move for move since we launched, you'd have earned a 12.5% annualized return, compared with 7.9% from the S&P 500 index. The chart below shows the growth of $10,000 invested following IV move for move, compared with an investment in the iShares SPDR S&P 500 ETF (NYSEMKT: SPY ) or Berkshire Hathaway . We didn't get here by swinging for the fences. Instead, we take a lot of pitches and only swing at ones in our sweet spot. We don't mind missing out on high flyers because, unlike in baseball, there are no called strikes in investing. We avoid industries where our feet dangle over the edge of our circles of competence (biotech, fashion, etc.) and others where capital goes to die (retail, mining, airlines, restaurants, etc.). Biggest Winners Accenture +296% UnitedHealth Group +283% MasterCard +259% Brookfield Infrastructure Partners +218% Visa +195% Returns data as of Aug. 4, 2014 . That disciplined approach played out as we'd have hoped. Fifty-nine percent of Inside Value's recommendations have beaten the market, which is solid considering a recent study highlighted that only 36% of stocks outperform the market. Our returns have also been consistent: We're on track to best the Wilshire 5000 for the sixth consecutive calendar year. If it sounds like we're patting ourselves pretty hard on the back, know that we are our own biggest critics. It also isn't like we invented value investing or the concept of being greedy when others are fearful. We're standing on the shoulders of giants -- Ben Graham, Warren Buffett, and Charlie Munger -- and we've fallen and skinned our knees countless times. It's great that 59% of our recommendations have beaten the market, but we can learn heaps from the 41% of stocks we overestimated. Biggest Losers Borders Group -96.6% First Marblehead -93.2% Lloyds TSB Group -87.4% Jackson Hewitt Tax Service -87.3% USG -84.6% We do our best to learn from our mistakes , though, and glean insights from original thinkers like Peter Lynch, John Malone, and Tom and David Gardner, who round out our thinking. I don't lose sleep wondering whether Graham would judge me for recommending Google . Unlike most value investors, we've learned to place every bit as much weight on business quality as we do price, if not more. It's the strategy that works for us. The next 10 years But enough talk about ghosts of our past. And let's also take it as a given that while we'll continue to aim to grow and learn from our mistakes, we'll continue running with the same philosophy. What will change is what strategies we implement to roll with the times. These days, the two most dominant themes affecting our returns for the next 10 years are the current market valuation and interest rates. We've had a hard time finding new ideas over the past year. The S&P 500 is selling for almost 19 times earnings, about 25% above the long-term average of 15. Warren Buffett's favorite macro valuation measure, total market capitalization to GNP, is floating near high-water marks and about 19% above a price Buffett has said he would consider fair. And on a more granular level, most of our recommendations -- companies we know very well -- have coasted up to near their fair values. I'm not calling for a 20%-ish correction -- only charlatans and the self-deluded make calls like that -- but every data point I can muster suggests that this five-year bull market we've all been riding has front-loaded our returns, borrowing from our future ones. The math is pretty straightforward. Let's say the S&P 500 grows its earnings at a 7% annualized clip over the coming decade. Let's also say the price investors are willing to pay for a dollar of its earnings (the price-to-earnings ratio) drifts from its perch at 19 back to a more normal 15. Such a scenario makes for annualized nominal returns of less than 5% for investors -- a far cry from the historical 10% average and a country mile from the S&P 500's 30% return in 2013. Don't get me wrong: There is a lot for American investors to be excited about. The economy is accelerating, we're home to the world's most innovative companies, and the domestic energy boom is strengthening our finances and rekindling American manufacturing. We investors also aren't obliged to blindly invest in an index, and we can pivot so we can profit from the biggest headwind facing stock prices: rising interest rates. The Fed's zero interest rate policy has created some predictable yet powerful effects. Low rates helped a crippled housing market get back on its feet and enabled small business owners to borrow to invest. The nation avoided the catastrophic effects of deflation and, while this might feel like a distant memory, that river of cheap money might have been the difference between survival and failure for hundreds more American banks. The wrinkle is that low rates have pushed retirees and other yield-hungry investors to bid up the prices of stocks and high-yield bonds. When interest rates do climb back to normalcy, lower-risk investments like government bonds and money market accounts will look a lot more attractive to investors, and billions upon billions of dollars will slosh from equities and junk bonds back into safer waters. Our positioning When will rates rise? Having been wrongly calling for rising rates for about five years, I may be worse at guessing than you. Still, the time seems nigh. The 10-year Treasury rate historically gravitates toward the level of GDP growth, which clocked in near a nominal 6% last quarter, almost 4 percentage points above 10-year yield. Job growth is also accelerating, the tapering off of quantitative easing has almost ended, and the Fed is well aware that its hyper-aggressive tactics have hammered savers. The Inside Value scorecard is more than ready for when rates rise, though. We've invested in numerous companies that will make more money on higher interest rates, ranging from Automatic Data Processing to Progressive to TD Ameritrade . I can't predict what exactly will happen when the cheap money tides flow out, but I'm confident we won't be the swimmers left standing naked. The market's high valuation has also led us to ratchet back our risk and tighten our focus. We've sold off companies that we don't think can grow into their valuations and doubled down on the few that we think offer both great long-term prospects and a compelling valuation. It's been a painstaking process and it's never easy to let go of a company you've owned for years, but we've never felt better about the business quality of our crop of active recommendations. Thank you, thank you, thank you I love my job. As if educating, amusing, and enriching isn't rewarding enough, I get to work with talented, devoted Fools like Philip Durell, Scott Hall, Ron Gross, Mike Olsen, and our editor, Nathan Willis. I've also been privileged to serve tens of thousands of hardworking people like you, each with their own hopes and dreams. Sending your kids to school. That dream vacation you've always promised your wife. A comfortable retirement. I can't say enough how much it means to our team that you've entrusted us to join you on that road to financial freedom. I hope we've lived up to your expectations and, no matter what lies on the road in front of us, know that we'll keep doing our best for you. The article Celebrating 10 Years of ""Motley Fool Inside Value"" originally appeared on Fool.com. Joe Magyer owns shares of Accenture, Automatic Data Processing, Berkshire Hathaway, Google (A shares), Google (C shares), MasterCard, Progressive, TD Ameritrade, and Visa. The Motley Fool recommends Accenture, Automatic Data Processing, Berkshire Hathaway, Brookfield Infrastructure Partners, Google (A shares), Google (C shares), MasterCard, Progressive, TD Ameritrade, UnitedHealth Group, and Visa. The Motley Fool owns shares of Berkshire Hathaway, Google (A shares), Google (C shares), MasterCard, TD Ameritrade, and Visa.Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-08-18,60.2516,60.7693,60.1697,60.7142,"CSP Inc. (CSPI) Ex-Dividend Date Scheduled for August 19, 2014 C SP Inc. ( CSPI ) will begin trading ex-dividend on August 19, 2014. A cash dividend payment of $0.11 per share is scheduled to be paid on August 29, 2014. Shareholders who purchased CSPI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CSPI has paid the same dividend. At the current stock price of $7.18, the dividend yield is 6.13%. The previous trading day's last sale of CSPI was $7.18, representing a -18.32% decrease from the 52 week high of $8.79 and a 10.46% increase over the 52 week low of $6.50. CSPI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSPI's current earnings per share, an indicator of a company's profitability, is $.4. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-08-19,60.5366,60.9291,60.4922,60.8423,"[""ADP Says Its Spun Off Dealer Services Business Will Be Called CDK Global"", ""ADP Says Its Spun Off Dealer Services Business Will Be Called CDK Global"", ""Evolving Systems, Inc. (EVOL) Ex-Dividend Date Scheduled for August 20, 2014 E volving Systems, Inc. ( EVOL ) will begin trading ex-dividend on August 20, 2014. A cash dividend payment of $0.11 per share is scheduled to be paid on August 29, 2014. Shareholders who purchased EVOL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the prior quarter. At the current stock price of $10.38, the dividend yield is 4.24%. The previous trading day's last sale of EVOL was $10.38, representing a -8.47% decrease from the 52 week high of $11.34 and a 35.33% increase over the 52 week low of $7.67. EVOL is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EVOL's current earnings per share, an indicator of a company's profitability, is $.34. Zacks Investment Research reports EVOL's forecasted earnings growth in 2014 as -25.68%, compared to an industry average of 2.7%. For more information on the declaration, record and payment dates, visit the EVOL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Says Its Spun Off Dealer Services Business Will Be Called CDK Global""]" ADP,2014-08-20,60.7369,61.0248,60.3768,60.943, ADP,2014-08-21,60.943,61.3078,60.7289,61.1757, ADP,2014-08-22,61.2951,61.4046,60.7369,60.8867, ADP,2014-08-25,61.0623,61.2142,60.7289,60.9814,"TriNet HR Services Boom As Red Tape Swamps Businesses Shutterstock photo More than a million new business establishments formed in the U.S. last year, according to federal government data, and history suggests that roughly half will likely go under within five years. If you make your money serving small businesses, this can't be a very heartening figure. On the other hand, if you flip the equation upside down, you realize that a pretty good percentage of businesses will make a go of it beyond five years. Executives atTriNet Group ( TNET ) figure there's plenty of money to be made in this market. The company provides human resources services to small and midsize businesses in the U.S and Canada. It does payroll processing, handles aspects of employment law compliance and offers employee benefits such as health insurance, retirement plans and workers' compensation insurance. TriNet delivers its services via a cloud-based, software-as-a-service (SaaS) platform. Its customers come from a diverse mix of end markets including technology, life sciences, property management, professional services, banking and financial services, retail, manufacturing and hospitality. Employers Get Expertise Most of these customers lack the staff and resources to weave through complex human resources and employee benefit regulations. Rather than do the work themselves, they outsource it to TriNet and peers such asAutomatic Data Processing ( ADP ),Paychex ( PAYX ) andInsperity ( NSP ). TriNet operates under a professional employer organization ( PEO ) model in which clients enter into a shared employment relationship. TriNet is the employer of record for work site employees, or WSEs, while clients retain day-to-day control and direction of the WSEs. ObamaCare Costs Factor In According to industry data cited by Timothy McHugh, an analyst at William Blair & Co., the PEO sector grew at a compound annual rate of about 10% from 1995 to 2013, the last year data are available. ""We believe that this growth is occurring because PEOs provide a strong value proposition for small businesses, which are facing increasing regulation, a growing number of potential point-solution providers, and upward pressure on insurance rates as a result of the Affordable Care Act,"" he said in a report initiating coverage on TriNet. He said TriNet's ""vertically oriented salesforce, multiproduct approach and transparent and flexible pricing"" are unique in the field. ""In our view, TriNet's technology ranks at the high end of the PEO sector and there are solid benefits to scale in this business,"" he added. It's hard to argue with TriNet's sales results. The 26-year-old firm, which had its initial public offering in March, has run off nine straight quarters of double-digit-percentage revenue growth. Bottom-line performance has been choppier. On Aug. 4, the company reported second-quarter revenue of $525 million, up 44% from the previous year. Adjusted earnings came in at 24 cents a share, topping consensus estimates. TriNet officials declined to comment for this story. On a Q2 conference call with analysts, CEO Burton Goldfield said TriNet has been adding clients who previously tried ""to stitch together their HR function through insurance brokers, software and limited internal capabilities, what we term an unbundled solution."" About 75% of TriNet's new clients in the second quarter had not previously used a bundled solution, he said. That was about the same percentage as the first quarter. ""We witnessed a very strong performance across each of our bundled product offerings in the second quarter,"" Goldfield said. ""We saw healthy trends across multiple business segments and multiple geographies, with particular strength in California, New York, Massachusetts and Florida."" Financial Companies Sign On One product that did well during the quarter was Ambrose, which TriNet acquired in July 2013. Ambrose helps hedge funds, private equity firms and other financial companies handle tasks such as payroll preparation, tax reporting and health plan management. As part of the service, TriNet provides a dedicated HR associate for personal support to all client employees. ""We saw several high-profile clients sign on to the Ambrose product due to our high-end ACA compliant health benefit plans,"" Goldfield said. ""Our Ambrose product is also benefiting from strong word-of-mouth. ...Frankly, being a public company has helped in this sector as well."" Performance Outpaces Peers TriNet had around 259,000 WSEs at the end of the second quarter, a gain of 31% from the previous year. That figure included approximately 13,000 WSEs acquired from Ambrose. Organic growth was 23%. ""Notably, both revenue and WSE growth came in ahead of peers ADP and (Insperity),"" JPMorgan analyst Tien-tsin Huang noted in a report on TriNet's Q2 results. Huang reckons TriNet will benefit from several different growth drivers in coming quarters, including increasing demand for bundled HR services. That market is only 4% penetrated, he says. He also expects TriNet to benefit from an increase in health care regulation, which should convince more small and midsize businesses to outsource. Meanwhile, TriNet's ""vertically oriented sales force"" should drive market share gains, Huang said. Analysts polled by Thomson Reuters expect TriNet to post full-year earnings per share of $1.09 in 2014 and $1.35 in 2015. The company's stock debuted at an IPO price of 16 in March. It rose as high as 29.96 on Aug. 13 and currently trades near 28. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-08-26,60.9647,61.4281,60.8374,61.1264,"[""Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for August 27, 2014 E bix, Inc. ( EBIX ) will begin trading ex-dividend on August 27, 2014. A cash dividend payment of $0.075 per share is scheduled to be paid on September 15, 2014. Shareholders who purchased EBIX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that EBIX has paid the same dividend. At the current stock price of $14.79, the dividend yield is 2.03%. The previous trading day's last sale of EBIX was $14.79, representing a -17.6% decrease from the 52 week high of $17.95 and a 59.89% increase over the 52 week low of $9.25. EBIX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EBIX's current earnings per share, an indicator of a company's profitability, is $1.49. Zacks Investment Research reports EBIX's forecasted earnings growth in 2014 as -2.61%, compared to an industry average of 2.8%. For more information on the declaration, record and payment dates, visit the EBIX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for August 27, 2014 O pen Text Corporation ( OTEX ) will begin trading ex-dividend on August 27, 2014. A cash dividend payment of $0.1725 per share is scheduled to be paid on September 19, 2014. Shareholders who purchased OTEX stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -42.5% decrease from the same period a year ago. At the current stock price of $55.99, the dividend yield is 1.23%. The previous trading day's last sale of OTEX was $55.99, representing a -2.12% decrease from the 52 week high of $57.20 and a 63.74% increase over the 52 week low of $34.20. OTEX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). OTEX's current earnings per share, an indicator of a company's profitability, is $1.81. Zacks Investment Research reports OTEX's forecasted earnings growth in 2015 as 19.25%, compared to an industry average of 1.1%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-08-27,61.077,61.2379,60.8423,61.0179, ADP,2014-08-28,60.5534,61.0544,60.5534,60.8956,"Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for August 29, 2014 C omputer Sciences Corporation ( CSC ) will begin trading ex-dividend on August 29, 2014. A cash dividend payment of $0.23 per share is scheduled to be paid on October 07, 2014. Shareholders who purchased CSC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 15% increase over the same period a year ago. At the current stock price of $60.4, the dividend yield is 1.52%. The previous trading day's last sale of CSC was $60.4, representing a -7.81% decrease from the 52 week high of $65.52 and a 29.06% increase over the 52 week low of $46.80. CSC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSC's current earnings per share, an indicator of a company's profitability, is $4.43. Zacks Investment Research reports CSC's forecasted earnings growth in 2015 as 15.91%, compared to an industry average of 2.8%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CSC through an Exchange Traded Fund [ETF]? The following ETF(s) have CSC as a top-10 holding: First Trust Technology AlphaDEX ( FXL ). The top-performing ETF of this group is FXL with an increase of 8.66% over the last 100 days. It also has the highest percent weighting of CSC at 1.9%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-08-29,61.222,61.222,60.4607,60.8799, ADP,2014-09-02,61.0248,61.2142,60.7289,61.0317,"Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for September 03, 2014 J ack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on September 03, 2014. A cash dividend payment of $0.22 per share is scheduled to be paid on September 26, 2014. Shareholders who purchased JKHY stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that JKHY has paid the same dividend. At the current stock price of $57.81, the dividend yield is 1.52%. The previous trading day's last sale of JKHY was $57.81, representing a -4.98% decrease from the 52 week high of $60.84 and a 17.8% increase over the 52 week low of $49.08. JKHY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). JKHY's current earnings per share, an indicator of a company's profitability, is $2.36. Zacks Investment Research reports JKHY's forecasted earnings growth in 2015 as 9.32%, compared to an industry average of 5.8%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-09-03,61.1027,61.3739,60.9647,61.0968, ADP,2014-09-04,61.0179,61.579,60.9893,61.1175,"[""Top 4 Stocks In The Business Software & Services Industry With The Highest Revenue"", ""Automatic Data Processing, Inc. Holding Its Own Vs. The High-Flying Indices"", ""Automatic Data Processing, Inc. Holding Its Own Vs. The High-Flying Indices"", ""Top 4 Stocks In The Business Software & Services Industry With The Highest Revenue"", ""ECB Finally Does QE - Ahead of Wall Street Thursday, September 4, 2014 Stocks were indicated to open in the green even before this morning's surprise rate-cut announcement by the European Central Bank and the largely in-line ADP ( ADP ) jobs report on the home front. These reports should help provide a favorable backdrop for today's trading action. The ECB did come out with a QE program of its own, hopes for which had risen following Mario Draghi's comments at the Fed's Jackson Hole meeting. The decision to purchase asset-backed securities may not come across as effective as the Fed's purchases of treasury bonds and mortgage-backed securities. But it's nevertheless a QE program, and indicates the ECB's willingness to do everything possible to fight the currency bloc's deflation spiral. This decision and the accompanying rate cut announcement also seems to indicate that the dominant 'German faction' within the ECB's governing council has come onboard with an easy monetary policy after a long period of resistance. This is a net positive for Europe and markets here. On the home front, the August jobs report by payroll processor ADP came in a tad bit shy of estimates at 204K, but remained largely within the range of recent monthly tallies. The number for the prior month was modestly revised down - lowered by 6K to 212K. Importantly, the 204K tally for August was the 5th straight month of jobs gains in excess of 200K. The consensus expectation for tomorrow's government jobs report is for 'headline' gains of 226K, which includes government jobs that have been averaging in the 5K to 10K monthly level lately. An overly simplified way to look at tomorrow's government jobs report is that we should get a 'headline' tally in the 209K to 214K range, which is basically 204K private sector jobs (per today's ADP report) and government jobs in the 5K to 10K range. The ADP report's gains were broad-based, with small businesses adding 78K jobs, medium sized businesses adding 75K and large businesses adding 52K. The goods-producing sector added 41K jobs in August vs. 23K in July. In terms of industries, construction added 15K and manufacturing added 23K in August. The manufacturing sector's August gains were the highest since December 2012. The service sector's 164K jobs in August were down from July's 190K tally, with less growth in all key service sector industries like professional and business services and trade/transportation. The big news of the day is the ECB decision and its impact on global markets. Along the lines of what the Fed's QE program did for U.S. stocks, the ECB's easing program should be a net positive for stocks. Sheraz Mian Director of Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. Holding Its Own Vs. The High-Flying Indices"", ""Top 4 Stocks In The Business Software & Services Industry With The Highest Revenue""]" ADP,2014-09-05,61.0179,61.5278,60.9814,61.5051,"[""CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for September 08, 2014 CSG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on September 08, 2014. A cash dividend payment of $0.1575 per share is scheduled to be paid on September 25, 2014. Shareholders who purchased CSGS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5% increase over the same period a year ago. At the current stock price of $27.5, the dividend yield is 2.29%. The previous trading day's last sale of CSGS was $27.5, representing a -14.36% decrease from the 52 week high of $32.11 and a 19.49% increase over the 52 week low of $23.02. CSGS is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSGS's current earnings per share, an indicator of a company's profitability, is $1.3. Zacks Investment Research reports CSGS's forecasted earnings growth in 2014 as -6.25%, compared to an industry average of 2.8%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mentor Graphics Corporation (MENT) Ex-Dividend Date Scheduled for September 08, 2014 M entor Graphics Corporation ( MENT ) will begin trading ex-dividend on September 08, 2014. A cash dividend payment of $0.05 per share is scheduled to be paid on September 30, 2014. Shareholders who purchased MENT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that MENT has paid the same dividend. At the current stock price of $22.53, the dividend yield is .89%. The previous trading day's last sale of MENT was $22.53, representing a -7.32% decrease from the 52 week high of $24.31 and a 17.69% increase over the 52 week low of $19.14. MENT is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). MENT's current earnings per share, an indicator of a company's profitability, is $1.2. Zacks Investment Research reports MENT's forecasted earnings growth in 2015 as -9.75%, compared to an industry average of 8%. For more information on the declaration, record and payment dates, visit the MENT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-09-08,61.3009,61.6057,61.0702,61.3226,"Cloud-Based products To Drive ADP’s Growth Post Dealer Services Spin Off Automatic Data Processing ( ADP ) stands to lose out on 15-16% of its revenues post the spin-off of its Dealer Services segment in October 2014. Investors have been concerned about how the company intends to recover the loss of revenue and continue to grow in the future. ADP recently announced that it intends to increase focus on its cloud-based and Affordable Care Act oriented products in order to drive growth in revenues once the Dealer Services segment is spun off. This is the first step ADP has taken in order to demonstrate enhanced focus on its Human Capital Management (HCM) business. It corroborates ADP's reasoning behind the Dealer Services spin off, that it would allow the company to increase focus on its payroll and human resource business. In April 2014, ADP decided to spin off its Dealer Services segment into an independent publicly-traded company. ADP will rake in $700 million from the spin-off, which will be utilized to repurchase its own shares. The deal cost ADP $15 million in the fourth quarter. Additional spin-related expenses of approximately $40-$50 million will be recorded in discontinued operations in fiscal 2015. See our complete analysis of ADP here Focus on cloud-based products will help drive clients and margins ADP intends to grow its cloud-based solutions through increased penetrations of its integrated strategic platforms - RUN, Workforce Now and Vantage. These platforms offer a wide range of services such as payroll, benefits, human resource management, tax compliance, and time and attendance, integrated into one packaged solution and are targeted at various businesses according to their sizes. The RUN platform serves small businesses; Workforce Now caters to mid size businesses; and Vantage is for large enterprises with more than 1000 employees. Cloud-based solutions are gaining eminence in the payroll and HR services industry due to the convenience of using such products. Clients can access these services from any remote location through an internet enabled device. It also does away with the need to hire a professional to handle HR related activities, thereby reducing costs and removing human error. Since clients find cloud-based products more convenient to use, they will be attracted to such products. Therefore an increase in such offerings bodes well for ADP. Given the number of ADP's payroll clients and the revenue generated by the segment in fiscal year 2014, we calculated that the addition of one client to ADP's payroll service will increase revenue by approximately $12,500. Increasing cloud-based solutions will also be advantageous for ADP on the competitive front since other players, such as Paychex ( PAYX ) and Intuit ( INTU ), already have significant presence in Cloud-based human capital management solutions market. By increasing its cloud-based solutions, ADP will not only benefit from an increase in clients but also from reduction in costs, which will lead to improved margins. Cloud-based solutions eliminate the need to hire professionals at ADP's end to help clients manage their payroll and HR responsibilities. As more and more clients shift to these online services, labor costs for ADP will decrease and help in improving margins. Also, since the service is online, scaling up the service will be easier and would not require intensive capital expenditures. ADP has been actively migrating clients from its stand alone payroll services to its integrated platforms. During 2014, ADP migrated 90,000 clients to its RUN platform and expects the remaining small business clients to migrate to RUN by fiscal year 2015. It migrated 7,000 clients to its Workforce Now platform, driving the total up to 50,000 users, compared to 40,000 a year ago. Also in 2014, ADP managed to double the sales of its Vantage solution. These efforts have led to a 45% increase in ADP's clients for its cloud-based solutions. Lack of awareness and approaching deadline will drive demand for products catering to ACA Apart from focusing on cloud-based solutions for its integrated platforms, ADP is looking forward to products that are intended for clients looking to maintain compliance with the Affordable Care Act (ACA). Though ADP introduced such products in 2013, their adoption has been slow due to the lack of awareness and uncertainty of the timeline for implementation. The complexities behind adherence to the ACA and the delay in implementation dates have kept potential clients at bay. A survey conducted by ADP revealed that only around half of the small, midsized and large businesses in the U.S. are aware of the impact of the ACA and are prepared for them. This leaves a huge market of potential clients who are looking for solutions that will help maintain compliance with the ACA provisions. ADP is well positioned to cater to these clients given its existing presence in the Payroll and Human Resources outsourcing industry and readily available services designed for the ACA. See More at Trefis|View Interactive Institutional Research (Powered by Trefis) | Get Trefis Technology The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-09-09,61.1491,61.2951,60.8572,60.9726,"Quality Systems, Inc. (QSII) Ex-Dividend Date Scheduled for September 10, 2014 Quality Systems, Inc. ( QSII ) will begin trading ex-dividend on September 10, 2014. A cash dividend payment of $0.175 per share is scheduled to be paid on October 03, 2014. Shareholders who purchased QSII stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that QSII has paid the same dividend. At the current stock price of $15.51, the dividend yield is 4.51%. The previous trading day's last sale of QSII was $15.51, representing a -35.78% decrease from the 52 week high of $24.15 and a 10% increase over the 52 week low of $14.10. QSII is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). QSII's current earnings per share, an indicator of a company's profitability, is $.13. Zacks Investment Research reports QSII's forecasted earnings growth in 2015 as -19.4%, compared to an industry average of 11.9%. For more information on the declaration, record and payment dates, visit the QSII Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to QSII through an Exchange Traded Fund [ETF]? The following ETF(s) have QSII as a top-10 holding: PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 9.55% over the last 100 days. It also has the highest percent weighting of QSII at 2.71%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-09-10,61.1107,61.3552,60.8187,61.3246, ADP,2014-09-11,61.0977,61.1767,60.6481,61.0248, ADP,2014-09-12,61.0712,61.158,60.3857,60.8946,"[""ADP Announces Record Date For Spin-off Of CDK Global Shares"", ""Week Concludes With S&P 500 Below 2,000; Dow Below 17,000"", ""Week Concludes With S&P 500 Below 2,000; Dow Below 17,000"", ""ADP Announces Record Date For Spin-off Of CDK Global Shares"", ""Is Equifax (EFX) a Buy After the New Share Buyback Plan? - Analyst Blog In a bid to increase shareholder value, Equifax ( EFX ) has authorized a new share buyback plan of $400 million. The company added that the buyback program will be carried out in the open market or through certain transactions depending on market conditions as well as regulatory considerations. Equifax added that the new buyback plan will be in addition to the $141.7 million remaining under its present plan. The repurchase initiative strengthens Equifax's commitment to increase value of its shareholders. Per company records, Equifax has returned $2.4 billion through share buybacks and dividends over the last 10-year period. Also, the company has a solid cash flow generating ability that enables these initiatives. Equifax reported cash flow from operations of $217.8 million in the first six months of fiscal 2014 (ended Jun 30, 2014), compared with $202.8 million in the year-ago period. Additionally, the company has reported decent growth rates in the last few years. Total revenue grew 11% in 2013, 10.2% in 2012, 5.4% in 2011 and 8.4% in 2010. Revenue growth in 2013 was driven by good management execution and strong performance across all of its business segments. Moreover, modest economic growth in addition to continued general consumer credit activity, product innovations, initiatives to foster enterprise growth and efficient business executions have led Equifax to project long-term average organic revenue growth of 6% to 8%. It is also worth noting that Equifax reported modest second-quarter results in July. While the bottom line beat the Zacks Consensus Estimate, the top line came in line with the same. Nonetheless, the company's revenues increased on a year-over-year basis aided by strong growth across most of its business segments. The company also provided a modest third-quarter and fiscal 2014 guidance. Management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America were the encouraging points in the quarter. Given the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure, we expect a gradual improvement in results. Moreover, improving mortgage environment could be a positive for the stock. However, stiff competition from Automatic Data Processing Inc. ( ADP ), Fiserv Inc. ( FISV ) and Moody's Corp. ( MCO ) and uncertainty in the mortgage sector are the concerns. Currently, Equifax has a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Week Concludes With S&P 500 Below 2,000; Dow Below 17,000"", ""ADP Announces Record Date For Spin-off Of CDK Global Shares""]" ADP,2014-09-15,60.7279,61.3246,60.5504,61.2152,"[""Bernstein Initiated Coverage on:"", ""Bernstein Initiated Coverage on:"", ""Bernstein Initiated Coverage on:""]" ADP,2014-09-16,60.5584,61.2861,60.5584,61.1767,"[""ADP Offers Distribution Ratio for Spinoff: Holders to Receive One Share of CDK Global Stock for Every Three Shares Held"", ""ADP Offers Distribution Ratio for Spinoff: Holders to Receive One Share of CDK Global Stock for Every Three Shares Held"", ""Equifax Shows Momentum: Is it Part of Your Portfolio? - Analyst Blog Shares of Equifax ( EFX ) have generated a return of 9.6% over the last 3 months. Equifax is a leading information services provider to consumers and businesses. The recent price appreciation can be attributed to the company's offerings, which help customers to understand, manage and protect their clients' information and take informed financial decisions. We believe that a solid product portfolio and experience within the sector will keep Equifax ahead of its peers. Equifax also serves a wide range of industries, such as financial, mortgage, consumer, commercial, telecommunications, retail, human resources and automotive. This diversified client base is extremely beneficial as weakness in any sector can be balanced with strength in the others. Recently, to increase shareholder value, Equifax has authorized a new share buyback plan of $400 million. Equifax added that the new buyback plan will be in addition to the $141.7 million remaining under its present plan. The repurchase initiative strengthens Equifax's commitment to increase value for its shareholders. Per company records, Equifax has returned $2.4 billion through share buybacks and dividends over the last 10-year period. Additionally, the company has made strategic acquisitions to supplement its core business. In Jan 2014, Equifax acquired TDX Group, a U.K.-based debt-management firm, for $327.0 million. We believe that the acquisition will enable Equifax to provide a broad insight into consumer performance, financial status, capabilities of customers and market opportunities. Moreover, it will further solidify Equifax's presence in the U.K., which in turn will boost its revenues. It is also worth noting that Equifax delivered a positive earnings surprise of 2.1% in the last reported quarter on revenue that was in line with the Zacks Consensus Estimate. Broad-based strength across segments helped revenues grow from the year-ago quarter. Solid Growth Outlook Equifax's strong growth prospects have boosted investor sentiment as well. Management's optimism is reflected in the EPS guidance of 96-99 cents and top-line guidance of $620-625 million for third-quarter 2014. The Zacks Consensus Estimate for revenues and earnings are pegged at $623 million and 99 cents, respectively. Moreover, Equifax is expected to generate revenues of about $2.44-2.47 billion and EPS of $3.83-3.91 in 2014. The Zacks Consensus Estimate for revenues and earnings are pegged at $2.455 billion and $3.88 per share, respectively. The yearly guidance is higher than previously estimated revenues of $2.43-2.48 billion and EPS of $3.75-3.89. Management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America were the encouraging points in the quarter. Given the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure, we expect a gradual improvement in results. Moreover, the improving mortgage environment could be a positive for the stock. However, stiff competition from Automatic Data Processing Inc ( ADP ), Paychex, Inc. ( PAYX ) and Moody's Corp. ( MCO ) and uncertainty in the mortgage sector are concerns. Currently, Equifax has a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Convergys Corporation (CVG) Ex-Dividend Date Scheduled for September 17, 2014 Convergys Corporation ( CVG ) will begin trading ex-dividend on September 17, 2014. A cash dividend payment of $0.07 per share is scheduled to be paid on October 03, 2014. Shareholders who purchased CVG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 16.67% increase over the same period a year ago. At the current stock price of $19.14, the dividend yield is 1.46%. The previous trading day's last sale of CVG was $19.14, representing a -21.65% decrease from the 52 week high of $24.43 and a 6.99% increase over the 52 week low of $17.89. CVG is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CVG's current earnings per share, an indicator of a company's profitability, is $.9. Zacks Investment Research reports CVG's forecasted earnings growth in 2014 as 37.54%, compared to an industry average of 22.3%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Offers Distribution Ratio for Spinoff: Holders to Receive One Share of CDK Global Stock for Every Three Shares Held"", ""These 10 boring stocks will beat your portfolio Trendy companies tend to be volatile, which hurts performance Trendy companies tend to be volatile, which hurts performance, writes Mark Hulbert.""]" ADP,2014-09-17,61.224,61.2516,60.7428,61.1362,"[""ADP AdvancedMD EHR Receives ONC-ACB Certification by Drummond Group"", ""ADP AdvancedMD EHR Receives ONC-ACB Certification by Drummond Group"", ""Computer Task Group, Incorporated (CTG) Ex-Dividend Date Scheduled for September 18, 2014 Computer Task Group, Incorporated ( CTG ) will begin trading ex-dividend on September 18, 2014. A cash dividend payment of $0.06 per share is scheduled to be paid on October 01, 2014. Shareholders who purchased CTG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CTG has paid the same dividend. At the current stock price of $11.65, the dividend yield is 2.06%. The previous trading day's last sale of CTG was $11.65, representing a -39.32% decrease from the 52 week high of $19.20 and a 0.26% increase over the 52 week low of $11.62. CTG is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CTG's current earnings per share, an indicator of a company's profitability, is $.84. Zacks Investment Research reports CTG's forecasted earnings growth in 2014 as -15.22%, compared to an industry average of 17.5%. For more information on the declaration, record and payment dates, visit the CTG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Announces Segment Spinoff Date - Analyst Blog Automatic Data Processing Inc. ( ADP ) recently announced that its board has set Sep 30, as the date for the spin-off of its Dealer Services business segment, which was recently renamed \""CDK Global\"". The spinoff proposal was first made in Apr 2014. The two companies will be separated through a distribution of CDK Global shares after the market close on Sep 30, 2014. ADP shareholders of record till Sep 24, will receive one share of CDK Global common stock for every three shares of ADP common stock held. Per ADP, the new company will start trading on the Nasdaq stock exchange with the ticker name \""CDKVV\"", on its issuance on Sep 22, 2014.The name of the new company was derived from the three of the businesses' core operations namely, Cobalt Digital Marketing, the core Dealer Services and global technology business Kerridge Computer Co. Automatic Data Processing expects to receive at least a sum of $700 million tax-free from the spinoff, which it expects to use fully in making share repurchases. We believe that the spinoff will enable both ADP as well as CDK Global to focus on their core operations. ADP will remain focused on enhancing its position as a leading global provider of HCM solutions, while CDK Global will focus on providing leading global technology solutions to help dealers and manufacturers perform better over the long term. ADP is expected to perform better on the back of improved execution and higher client retention. Moreover, recovery in the job market will help the company. However, volatile macroeconomic environment and increasing competition from Paychex Inc. ( PAYX ) and Equifax Inc. ( EFX ) are the near-term headwinds. However, we believe that the Dealer Services spinoff will remain an overhang on the stock in the near term. Although the plan is shareholder friendly, it did not go down well with credit rating agencies. Following the announcement, Standard & Poor's lowered ADP's credit rating from AAA to AA, primarily due to the company's plan of using the proceeds to buy back shares. Moody's ( MCO ) Investor service also decreased its rating to Aa1, citing lower scale and variety of ADP's product portfolio. Currently, ADP has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP AdvancedMD EHR Receives ONC-ACB Certification by Drummond Group"", ""10 rock-solid stocks for conservative investors Shares with low volatility can beat their indexes with less risk Shares with low volatility can beat their indexes with less risk, writes Phil van Doorn.""]" ADP,2014-09-18,61.2398,61.8405,61.1037,61.7507, ADP,2014-09-19,62.0149,62.1126,61.2891,61.5239, ADP,2014-09-22,61.1845,61.443,60.7122,60.943,"[""Automatic Data Processing Testing Long Term Uptrend Channel; Profit-Taking Time?"", ""Automatic Data Processing Testing Long Term Uptrend Channel; Profit-Taking Time?"", ""Can Paychex Inc. (PAYX) Surprise this Earnings Season? - Analyst Blog Payroll and human resource solutions provider, Paychex Inc. ( PAYX ) is set to report first-quarter fiscal 2015 results on Sep 24. Last quarter, the company posted in-line earnings. It is worth noting that Paychex has outperformed the Zacks Consensus Estimate in three out of the four preceding quarters with an average positive earnings surprise of 3.2%. Let us see how things are shaping up for this announcement. Growth Factors this Past Quarter Paychex reported modest fourth-quarter results, with the top line beating the Zacks Consensus Estimate and the bottom line matching the same. However, both revenues and earnings increased on a year-over-year basis, primarily boosted by growth across all its segments. Moreover, Paychex provided an encouraging outlook for fiscal 2015, which signifies that it is relatively well-placed amid the current macroeconomic sluggishness. We remain encouraged by the company's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives such as joint ventures and acquisitions support its long-term growth strategy. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide the company with additional opportunities. Also, increases in checks per client and better average revenue per check will favorably impact its business, going forward. However, unfavorable interest rates and competition from Automatic Data Processing ( ADP ) and Insperity remain the possible headwinds for the company. Earnings Whispers? Our proven model does not conclusively show that Paychex will beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stands at 46 cents. Hence, the difference is 0.00%. Zacks Rank: Paychex's Zacks Rank #2 (Buy) when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with Zacks Ranks #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Other Stocks to Consider Here are some other companies, which you may consider as our model shows that they have the right combination of elements to post an earnings beat this quarter: Micron Technology ( MU ) Earnings ESP of +3.70% and a Zacks Rank #3 (Hold) Neogen Corp. ( NEOG ) has an Earnings ESP of +4.35% and holds a Zacks Rank #3 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report MICRON TECH (MU): Free Stock Analysis Report NEOGEN CORP (NEOG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Testing Long Term Uptrend Channel; Profit-Taking Time?""]" ADP,2014-09-23,60.8335,60.943,60.5791,60.5928, ADP,2014-09-24,60.5258,61.6559,60.4301,61.5613, ADP,2014-09-25,61.3246,61.3246,60.3798,60.4094,"[""Advent Software, Inc. (ADVS) Ex-Dividend Date Scheduled for September 26, 2014 Advent Software, Inc. ( ADVS ) will begin trading ex-dividend on September 26, 2014. A cash dividend payment of $0.13 per share is scheduled to be paid on October 15, 2014. Shareholders who purchased ADVS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -98.56% decrease from the same period a year ago. At the current stock price of $31.67, the dividend yield is 1.64%. The previous trading day's last sale of ADVS was $31.67, representing a -12.3% decrease from the 52 week high of $36.11 and a 24.59% increase over the 52 week low of $25.42. ADVS is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). ADVS's current earnings per share, an indicator of a company's profitability, is $.82. Zacks Investment Research reports ADVS's forecasted earnings growth in 2014 as 28.48%, compared to an industry average of 3.3%. For more information on the declaration, record and payment dates, visit the ADVS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ADVS through an Exchange Traded Fund [ETF]? The following ETF(s) have ADVS as a top-10 holding: SPDR S&P Software & Services ETF ( XSW ) RevenueShares Mid Cap ( RWK ). The top-performing ETF of this group is XSW with an increase of 5.64% over the last 100 days. It also has the highest percent weighting of ADVS at 0.61%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Amdocs Limited (DOX) Ex-Dividend Date Scheduled for September 26, 2014 Amdocs Limited ( DOX ) will begin trading ex-dividend on September 26, 2014. A cash dividend payment of $0.155 per share is scheduled to be paid on October 17, 2014. Shareholders who purchased DOX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DOX has paid the same dividend. At the current stock price of $47.17, the dividend yield is 1.31%. The previous trading day's last sale of DOX was $47.17, representing a -3.72% decrease from the 52 week high of $48.99 and a 29.62% increase over the 52 week low of $36.39. DOX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DOX's current earnings per share, an indicator of a company's profitability, is $2.53. Zacks Investment Research reports DOX's forecasted earnings growth in 2014 as 8.09%, compared to an industry average of 17.5%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: Market Vectors Israel ETF ( ISRA ). The top-performing ETF of this group is ISRA with an increase of 1.56% over the last 100 days. It also has the highest percent weighting of DOX at 4.77%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. (ADP): New Analyst Report from Zacks Equity Research - Zacks Equity Research Report Summary: Automatic Data Processing reported better-than-expected fourth-quarter 2014 results. Earnings per share were in line with the Zacks Consensus Estimate, while revenues beat the same. The company provided positive guidance for fiscal 2015. However, guidance is back-end loaded, as margin and profitability are expected to improve in the second half due to higher expenses in the first. This will remain an overhang on the stock, in our view. Nevertheless, we believe that the Dealer Services spin-off will help the company focus more on its relatively fast growing human capital management business. ADP is expected to perform better on the back of improved execution and higher client retention. Moreover, recovery in the job market is expected to help the company. Aggressive share buybacks and higher dividends are shareholder friendly, in our view. However, volatile macroeconomic environment, sales force execution risk and credit rating downgrades are the headwinds. Thus, we prefer to remain Neutral on the stock and set a price target of $88.00. Overview: Founded in 1949, New Jersey based-Automatic Data Processing, Inc. (ADP) is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves approximately 637K clients across 125 nations. ADP reported revenues of $12.21 billion in fiscal 2014. The company reports in three business segments Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. The Employer Services segment includes human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. The Dealer Services segment provides integrated dealer management systems, digital marketing solutions and other business management solutions to the automotive, heavy truck, motorcycle, marine, recreational vehicle (RV), and heavy equipment retailers, distributors, and manufacturers. In April 2014, the company announced its plan to separate the Dealer Services business into an independently traded public company through a 100% tax-free spin-off. The company recently announced Sep 30 as the date for the spin-off and renamed the segment as CDK Global. ADP expects to receive at least $700.0 million on account of the spin-off, which it expects to use fully for share repurchases. Following the spin-off, ADP intends to increase its annual dividend payout gradually so that it can achieve its pre-separation div-payout ratio target of 55% to 60% over a period of two years. On a geographical basis, the U.S, Europe, Canada and others contributed 81%, 11.4%, 3.6% and 4%, respectively, of the revenues in fiscal 2014. ADP faces significant competition from its peer group that includes the likes of Paychex Inc, Insperity Inc and Intuit Inc. Automatic Data Processing, Inc. (ADP): Read the Full Research Report Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-09-26,60.3206,60.7043,59.9972,60.5791,"[""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for September 29, 2014 Pegasystems Inc. ( PEGA ) will begin trading ex-dividend on September 29, 2014. A cash dividend payment of $0.03 per share is scheduled to be paid on October 15, 2014. Shareholders who purchased PEGA stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $19.37, the dividend yield is .62%. The previous trading day's last sale of PEGA was $19.37, representing a -24.82% decrease from the 52 week high of $25.77 and a 24.89% increase over the 52 week low of $15.51. PEGA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). PEGA's current earnings per share, an indicator of a company's profitability, is $.45. Zacks Investment Research reports PEGA's forecasted earnings growth in 2014 as .78%, compared to an industry average of 3.2%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for September 29, 2014 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on September 29, 2014. A cash dividend payment of $0.08 per share is scheduled to be paid on October 21, 2014. Shareholders who purchased TYPE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that TYPE has paid the same dividend. At the current stock price of $28.84, the dividend yield is 1.11%. The previous trading day's last sale of TYPE was $28.84, representing a -13.26% decrease from the 52 week high of $33.25 and a 22.62% increase over the 52 week low of $23.52. TYPE is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). TYPE's current earnings per share, an indicator of a company's profitability, is $.78. Zacks Investment Research reports TYPE's forecasted earnings growth in 2014 as %, compared to an industry average of 3.2%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-09-29,60.1886,60.8108,60.078,60.7428,"[""ADP Expecting FY15 Earnings Growth in 12-14%"", ""Automatic Data Processing, Inc. Sees FY2015 EPS $2.87-2.93 Which May Not Compare $3.52 Est"", ""Automatic Data Processing, Inc. Sees FY2015 EPS $2.87-2.93 Which May Not Compare $3.52 Est"", ""ADP Expecting FY15 Earnings Growth in 12-14%"", ""Automatic Data Processing, Inc. Sees FY2015 EPS $2.87-2.93 Which May Not Compare $3.52 Est"", ""ADP Expecting FY15 Earnings Growth in 12-14%""]" ADP,2014-09-30,61.1274,61.2102,60.6549,60.936,"Automatic Data Processing Revises Fiscal 2015 Guidance - Analyst Blog Automatic Data Processing Inc. ( ADP ) recently provided an updated guidance for fiscal 2015 considering the spin-off its dealer services segment, CDK Global. The two companies will be separated through a distribution of CDK Global shares after the market closes on Sep 30, 2014. ADP shareholders of record as of Sep 24 will receive one share of CDK Global common stock for every three shares of ADP common stock held. Once the spin-off gets completed, ADP will be reporting the operational results of the Dealer Services segment under ""discontinued operations"". Accordingly, the company forecasts its earnings per share from continuing operations to grow 12% to 14% in fiscal 2015, up from 11-13% as per the prior guidance. However, the Zacks Consensus Estimate for the same is pegged at 73 cents, up 10.6% from the year ago quarter. This newly forecasted figure is inclusive of 2 cents benefit that the company expects from the incremental share repurchase. The share repurchase program will be funded from the tax free $825 million that ADP expects to receive on account of the CDK Global spin-off. This share repurchase program is expected to be completed by Jun 30, 2015. ADP reiterated its revenue guidance for fiscal 2015, which is expected to rise 7% to 8% on a year-over-year basis.The Zacks Consensus Estimate for the same is pegged at $3.05 billion, up 8.5% on a year-over-year basis. We believe that the spin-off will enable both ADP as well as CDK Global to focus on their core operations. ADP will remain focused on enhancing its position as a leading global provider of HCM solutions, while CDK Global will focus on providing leading global technology solutions to help dealers and manufacturers perform better over the long term. ADP is expected to perform better on the back of improved execution and higher client retention. Moreover, recovery in the job market will help the company. However, a volatile macroeconomic environment and increasing competition from Paychex Inc. ( PAYX ) and Equifax Inc. ( EFX ) are the near-term headwinds. However, the Dealer Services spin-off will remain an overhang on the stock in the near term. Although the plan is shareholder friendly, it did not go down well with credit rating agencies. Following the announcement, Standard & Poor's lowered ADP's credit rating from AAA to AA, primarily due to the company's plan of using the proceeds to buy back shares. Moody's ( MCO ) Investor service also decreased its rating to Aa1, citing lower scale and variety of ADP's product portfolio. Currently, ADP has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-10-01,61.0643,61.1017,59.7082,59.7151,"[""ADP Closes Spinoff of CDK Globalk, Holders Received One Share of CDK for Every Three ADP Shares Held"", ""UPDATE: Credit Suisse Reiterates On Automatic Data Processing On Model Update"", ""Benzinga's Top #PreMarket Losers"", ""Morning Market Losers"", ""Markets Tumble; Ford September Sales Down 3%"", ""Midday Losers From October 1 - Chart Industries, Inc., Fannie Mae And Others"", ""Dow Falls More Than 1%; Westport Innovations Shares Dip On Weak Forecast"", ""Dow Falls More Than 1%; Westport Innovations Shares Dip On Weak Forecast"", ""Midday Losers From October 1 - Chart Industries, Inc., Fannie Mae And Others"", ""Markets Tumble; Ford September Sales Down 3%"", ""Morning Market Losers"", ""Benzinga's Top #PreMarket Losers"", ""UPDATE: Credit Suisse Reiterates On Automatic Data Processing On Model Update"", ""ADP Closes Spinoff of CDK Globalk, Holders Received One Share of CDK for Every Three ADP Shares Held"", ""Midday Update: Stocks Decline For Third Day Following Weak Factory Data, Geopolitical Worries Stocks were falling for a third straight day, weighed down by bearish production data and political unrest in the world's second largest economy as well as the appearance of the Ebola virus in the U.S. that is wrecking havoc with airline stocks. The Dow Jones Industrial Average was posting a triple-digit loss, breaching support at its 50-day moving average, while the S&P 500 has lost nearly 0.8% in value today as a result of pressure on technology, industrial and health care stocks. Economic data has been mostly bearish today, although private payrolls measured by Automatic Data Processing ( ADP ) was an the exception, rising an above-consensus 213,000 during September, beating estimates looking for a gain of 200,000 new hires. Unfortunately, a one-two punch of weak manufacturing data overshadowed that positive news: first from the Purchasing Manager's and then the Institute for Supply Management. The PMI manufacturing index dropped to a 57.5 reading last month from 57.9 in August, trailing the consensus view expecting a small gain to 58.0. The ISM index slipped to a 56.6 reading in September, worse than the consensus estimate looking for a slight drop to 58.0 from a 59.0 August score. Also today, construction spending dropped 0.8% in August, missing forecasts for a 0.5% increase while July was revised downward to a 1.2% gain from the 1.8% advance originally reported. Manufacturing data from China to Germany similarly reverberated throughout global equity markets last night, magnified by the continued rioting in Hong Kong and apprehension among investors into tomorrow's European Central Bank meeting. Crude oil was up $1.54 to $92.73 per barrel. Natural gas was up $0.02 to $4.14 per 1 million BTU. Gold was up $6.40 to $1,218.00 an ounce, while silver was up $0.25 to $17.41 an ounce. Copper was up $0.02 to $3.03 per pound. Among energy ETFs, the United States Oil Fund was up 1.48% to $34.92 with the United States Natural Gas Fund was up 0.27% to $22.17. Amongst precious-metal funds, the Market Vectors Gold Miners ETF is up 0.98% to 21.62 while SPDR Gold Shares were up 0.76% to $117.09. The iShares Silver Trust was up 1.65% to $16.62. Here's where the U.S. markets stand at mid-day: NYSE Composite Index down 62.29 (-0.58%) to 10,640.63 Dow Jones Industrial Average down 179.88 (-1.06%) to 16,863.02 S&P 500 down 14.89 (-0.75%) to 1,957.40 Nasdaq Composite Index down 47.71 (-1.06%) to 4,445.68 GLOBAL SENTIMENT Nikkei 225 Index down 0.56% Hang Seng Index down 1.28% Shanghai China Composite Index up 0.26% FTSE 100 Index down 0.98% CAC 40 down 1.15% DAX down 0.97% NYSE SECTOR INDICES NYSE Energy Sector Index down 0.17% NYSE Financial Sector Index down 0.48% NYSE Healthcare Sector Index down 0.76% UPSIDE MOVERS (+) PTLA (+15.43%) Meets primary and secondary endpoints in study of anticoagulant reversal drug. (+) TKMR (+18.02%) First U.S. Ebola case boost reported. (+) HEB (+10.81%) Increasing research collaboration to develop Ebola treatment. (+) ANGI (+22.45%) Exploring strategic options, upgraded at Northland to Market Perform from Underperform. DOWNSIDE MOVERS: (-) SPEX (-21.79%) Markman hearing data is pushed back for litigation against VTech and Uniden. (-) WPRT (-23.31%) Lowered its full year revenue forecast. (-) SAVE (-3.91%) Airline stocks hit by worries over spread of Ebola through travel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""S&P 500 Movers: ADP, EXC In early trading on Wednesday, shares of Exelon ( EXC ) topped the list of the day's best performing components of the S&P 500 index, trading up 2.1%. Year to date, Exelon registers a 27.1% gain. And the worst performing S&P 500 component thus far on the day is Automatic Data Processing ( ADP ), trading down 13.2%. Automatic Data Processing is lower by about 10.8% looking at the year to date performance. Two other components making moves today are Delta Air Lines ( DAL ), trading down 3.5%, and NRG Energy ( NRG ), trading up 1.7% on the day. VIDEO: S&P 500 Movers: ADP, EXC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: ADP, VOD In early trading on Wednesday, shares of Vodafone Group ( VOD ) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 0.7%. Year to date, Vodafone Group has lost about 17.3% of its value. And the worst performing Nasdaq 100 component thus far on the day is Automatic Data Processing ( ADP ), trading down 13.3%. Automatic Data Processing is lower by about 10.8% looking at the year to date performance. Two other components making moves today are Vertex Pharmaceuticals ( VRTX ), trading down 3.2%, and Mylan ( MYL ), trading up 0.1% on the day. VIDEO: Nasdaq 100 Movers: ADP, VOD The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Notable Two Hundred Day Moving Average Cross - ADP In trading on Wednesday, shares of Automatic Data Processing Inc. (Symbol: ADP) crossed below their 200 day moving average of $79.24, changing hands as low as $71.86 per share. Automatic Data Processing Inc. shares are currently trading down about 13.1% on the day. The chart below shows the one year performance of ADP shares, versus its 200 day moving average: Looking at the chart above, ADP's low point in its 52 week range is $69.91 per share, with $84.68 as the 52 week high point - that compares with a last trade of $72.13. According to the ETF Finder at ETF Channel, ADP makes up 2.35% of the SPDR Morgan Stanley Technology ETF (Symbol: MTK) which is trading relatively unchanged on the day Wednesday. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Markets Tumble; Ford September Sales Down 3% Following the market opening Wednesday, the Dow traded down 0.79 percent to 16,908.55 while the NASDAQ declined 1.13 percent to 4,442.51. The S&P also fell, dropping 0.88 percent to 1,954.85. Leading and Lagging Sectors In trading on Wednesday, utilities shares were relative leaders, up on the day by about 0.13 percent. Top gainers in the sector included Exelon (NYSE: EXC ), up 1.7 percent, and NRG Energy (NYSE: NRG ), up 1.7 percent. Industrial sector was the top decliner on Wednesday. Top losers in the sector included American Science & Engineering (NASDAQ: ASEI ), down 10.7 percent, and Chart Industries (NASDAQ: GTLS ), off 8.4 percent. Top Headline Ford Motor Co (NYSE: F ) reported a 3% drop in its US sales in September. Ford sold 180,175 cars and light trucks in the US in the month. Ford brand vehicle sales fell 3.2% to 172,918, while Lincoln sales climbed 12.7% to 7,257 in the month. Equities Trading UP Angie's List (NASDAQ: ANGI ) shares shot up 21.19 percent to $7.72 on reports that the company has hired investment bankers to explore strategic options, which would include a sale of the company, according to the Financial Times. Analysts at Northland Securities upgraded Angie's List from Underperform to Market Perform. Shares of NewLink Genetics (NASDAQ: NLNK ) got a boost, shooting up 7.77 percent to $23.08 on report of US Ebola case in Dallas. RCS Capital (NYSE: RCAP ) shares were also up, gaining 8.75 percent to $24.49 after the company announced its plans to acquire Cole Capital for $700 million. Equities Trading DOWN Shares of Westport Innovations (NASDAQ: WPRT ) were down 27.64 percent to $7.61 after the company offered technology, investment, market and sales update. The company lowered its full-year revenue forecast. Automatic Data Processing (NASDAQ: ADP ) shares tumbled 13.13 percent to $72.17 after the company closed the spinoff of CDK Global. AZZ (NYSE: AZZ ) was down, falling 8.21 percent to $38.34 after the company reported Q2 results. Commodities In commodity news, oil traded up 0.59 percent to $91.70, while gold traded up 0.17 percent to $1,213.70. Silver traded up 0.22 percent Wednesday to $17.10, while copper rose 0.91 percent to $3.04. Eurozone European shares were lower today. The eurozone's STOXX 600 declined 0.59 percent, the Spanish Ibex Index fell 0.29 percent, while Italy's FTSE MIB Index slipped 0.62 percent. Meanwhile, the German DAX dropped 0.43 percent and the French CAC 40 fell 0.84 percent while UK shares fell 0.77 percent. Economics The MBA reported that its index of mortgage application activity fell 0.2% in the week ended September 26. Private-sector employers added 213,000 jobs in September, according to Automatic Data Processing Inc. However, economists were projecting an addition of 210,000 jobs. The final reading of Markit manufacturing PMI fell to 57.50 in September, versus a prior reading of 57.90. However, economists were expecting a reading of 57.90. The ISM manufacturing composite index fell to 56.60 in September, versus a prior reading of 59.00. However, economists were expecting a reading of 58.50. US construction spending fell 0.80% in August, versus economists' expectations for a 0.50% gain. \u00a9 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dow Falls More Than 1%; Westport Innovations Shares Dip On Weak Forecast Midway through trading Wednesday, the Dow traded down 1.03 percent to 16,866.93 while the NASDAQ declined 1.01 percent to 4,448.15. The S&P also fell, dropping 0.71 percent to 1,958.31. Leading and Lagging Sectors In trading on Wednesday, utilities shares were relative leaders, up on the day by about 0.88 percent. Top gainers in the sector included Exelon (NYSE: EXC ), up 3.4 percent, and NRG Energy (NYSE: NRG ), up 2.7 percent. Industrials sector was the top decliner on Wednesday. Top losers in the sector included American Science & Engineering (NASDAQ: ASEI ), down 9.7 percent, and Chart Industries (NASDAQ: GTLS ), off 10 percent. Top Headline Ford Motor Co (NYSE: F ) reported a 3% drop in its US sales in September. Ford sold 180,175 cars and light trucks in the US in the month. Ford brand vehicle sales fell 3.2% to 172,918, while Lincoln sales climbed 12.7% to 7,257 in the month. Equities Trading UP Angie's List (NASDAQ: ANGI ) shares shot up 22.29 percent to $7.79 on reports that the company has hired investment bankers to explore strategic options, which would include a sale of the company, according to the Financial Times. Analysts at Northland Securities upgraded Angie's List from Underperform to Market Perform. Shares of NewLink Genetics (NASDAQ: NLNK ) got a boost, shooting up 6.16 percent to $22.74 on report of US Ebola case in Dallas. RCS Capital (NYSE: RCAP ) shares were also up, gaining 7.24 percent to $24.15 after the company announced its plans to acquire Cole Capital for $700 million. Equities Trading DOWN Shares of Westport Innovations (NASDAQ: WPRT ) were down 23.41 percent to $8.05 after the company offered technology, investment, market and sales update. The company lowered its full-year revenue forecast. Automatic Data Processing (NASDAQ: ADP ) shares tumbled 13.30 percent to $72.03 after the company closed the spinoff of CDK Global. American Science & Engineering (NASDAQ: ASEI ) was down, falling 9.72 percent to $49.99 after the company announced its plans to lower its workforce by around 10% to reduce operating expenses. The company also expected to post a net loss for the second quarter. Commodities In commodity news, oil traded up 1.71 percent to $92.72, while gold traded up 0.57 percent to $1,218.50. Silver traded up 1.63 percent Wednesday to $17.34, while copper rose 0.62 percent to $3.03. Eurozone European shares were lower today. The eurozone's STOXX 600 declined 0.83 percent, the Spanish Ibex Index fell 0.67 percent, while Italy's FTSE MIB Index slipped 0.89 percent. Meanwhile, the German DAX dropped 0.97 percent and the French CAC 40 fell 1.15 percent while UK shares fell 0.98 percent. Economics The MBA reported that its index of mortgage application activity fell 0.2% in the week ended September 26. Private-sector employers added 213,000 jobs in September, according to Automatic Data Processing Inc. However, economists were projecting an addition of 210,000 jobs. The final reading of Markit manufacturing PMI fell to 57.50 in September, versus a prior reading of 57.90. However, economists were expecting a reading of 57.90. The ISM manufacturing composite index fell to 56.60 in September, versus a prior reading of 59.00. However, economists were expecting a reading of 58.50. US construction spending fell 0.80% in August, versus economists' expectations for a 0.50% gain. \u00a9 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dow Falls More Than 1%; Westport Innovations Shares Dip On Weak Forecast"", ""Midday Losers From October 1 - Chart Industries, Inc., Fannie Mae And Others"", ""Markets Tumble; Ford September Sales Down 3%"", ""Morning Market Losers"", ""Benzinga's Top #PreMarket Losers"", ""UPDATE: Credit Suisse Reiterates On Automatic Data Processing On Model Update"", ""ADP Closes Spinoff of CDK Globalk, Holders Received One Share of CDK for Every Three ADP Shares Held""]" ADP,2014-10-02,59.9578,60.7319,59.7911,60.6185, ADP,2014-10-03,61.5041,62.7428,61.4972,62.585, ADP,2014-10-06,62.6768,62.7428,62.1175,62.3108,"[""QQQ, BIDU, YHOO, ADP: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the PowerShares QQQ (Symbol: QQQ) where we have detected an approximate $3.0 billion dollar outflow -- that's a 6.8% decrease week over week (from 450,000,000 to 419,500,000). Among the largest underlying components of QQQ, in trading today Baidu, Inc. (Symbol: BIDU) is up about 0.3%, Yahoo! Inc. (Symbol: YHOO) is up about 0.4%, and Automatic Data Processing Inc. (Symbol: ADP) is relatively unchanged. The chart below shows the one year price performance of QQQ, versus its 200 day moving average: Looking at the chart above, QQQ's low point in its 52 week range is $76.35 per share, with $100.56 as the 52 week high point - that compares with a last trade of $98.35. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks Rank #5 Additions for Monday - Tale of the Tape Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: American Capital Ltd. ( ACAS ) ANI Pharmaceuticals Inc ( ANIP ) ASML Holding NV ( ASML ) Automatic Data Processing ( ADP ) BHP Billiton Limited ( BHP ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ANI PHARMACEUT (ANIP): Free Stock Analysis Report ASML HOLDING NV (ASML): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-10-07,62.1599,62.2941,61.439,61.4705, ADP,2014-10-08,61.2714,62.6935,61.2546,62.5258,"[""WSJ Running Story 'Citi, Regions, E*Trade, ADP Saw Traffic Linked to J.P. Morgan Hackers'"", ""WSJ Running Story 'Citi, Regions, E*Trade, ADP Saw Traffic Linked to J.P. Morgan Hackers'"", ""WSJ Running Story 'Citi, Regions, E*Trade, ADP Saw Traffic Linked to J.P. Morgan Hackers'""]" ADP,2014-10-09,62.5406,62.6668,61.1688,61.1964,"[""#PreMarket Primer: Thursday, October 9: Fed Worries That Waning Global Economy Could Hurt US Progress"", ""#PreMarket Primer: Thursday, October 9: Fed Worries That Waning Global Economy Could Hurt US Progress"", ""SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) Ex-Dividend Date Scheduled for October 10, 2014 SCIENCE APPLICATIONS INTERNATIONAL CORPORATION ( SAIC ) will begin trading ex-dividend on October 10, 2014. A cash dividend payment of $0.28 per share is scheduled to be paid on October 30, 2014. Shareholders who purchased SAIC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that SAIC has paid the same dividend. At the current stock price of $47.18, the dividend yield is 2.37%. The previous trading day's last sale of SAIC was $47.18, representing a -1.62% decrease from the 52 week high of $47.96 and a 56.28% increase over the 52 week low of $30.19. SAIC is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). SAIC's current earnings per share, an indicator of a company's profitability, is $2.49. Zacks Investment Research reports SAIC's forecasted earnings growth in 2015 as 25.22%, compared to an industry average of 24.7%. For more information on the declaration, record and payment dates, visit the SAIC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Leidos Holdings, Inc. (LDOS) Ex-Dividend Date Scheduled for October 10, 2014 Leidos Holdings, Inc. ( LDOS ) will begin trading ex-dividend on October 10, 2014. A cash dividend payment of $0.32 per share is scheduled to be paid on October 30, 2014. Shareholders who purchased LDOS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that LDOS has paid the same dividend. At the current stock price of $36.11, the dividend yield is 3.54%. The previous trading day's last sale of LDOS was $36.11, representing a -26.58% decrease from the 52 week high of $49.18 and a 13.7% increase over the 52 week low of $31.76. LDOS is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). LDOS's current earnings per share, an indicator of a company's profitability, is -$4.97. Zacks Investment Research reports LDOS's forecasted earnings growth in 2015 as 43.11%, compared to an industry average of 2.1%. For more information on the declaration, record and payment dates, visit the LDOS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Jiayuan.com International Ltd. (DATE) Ex-Dividend Date Scheduled for October 10, 2014 Jiayuan.com International Ltd. ( DATE ) will begin trading ex-dividend on October 10, 2014. A cash dividend payment of $0.67 per share Shareholders who purchased DATE stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 179.17% increase over the prior quarter. The previous trading day's last sale of DATE was $6.38, representing a -27.91% decrease from the 52 week high of $8.85 and a 25.1% increase over the 52 week low of $5.10. DATE is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). DATE's current earnings per share, an indicator of a company's profitability, is $.21. Zacks Investment Research reports DATE's forecasted earnings growth in 2014 as -47.06%, compared to an industry average of 6.4%. For more information on the declaration, record and payment dates, visit the DATE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""More Banks Face Cyber Attacks: Time to Review Safety? - Analyst Blog It seems that hackers were preying upon the systems of the U.S. financial institutions for quite some time now. Slowly emergent information reveals that JPMorgan Chase & Co. ( JPM ) was not the only firm to be victimized by a cyber attack. (Read More: JPMorgan Data Breach Affects 76M Households; Probe On ). There were at least a dozen more firms whose cyber security system was attacked by the same hackers. These include Citigroup Inc. ( C ), E*TRADE Financial Corp. ( ETFC ), HSBC Holdings plc ( HSBC ), Regions Financial Corp. ( RF ), Fidelity Investments, Bank of the West - a subsidiary of BNP Paribas SA ( BNPQY ) and Automatic Data Processing, Inc. ( ADP ). Nonetheless, as per these firms, hackers were not able to penetrate deep into their systems and no data was breached. After JPMorgan reported cyber attack, regulators probing the incident asked other large banks and financial institutions, including Citigroup, Regions Financial, Deutsche Bank AG ( DB ), Bank of America Corp. ( BAC ) and E*TRADE Financial, to check for signs that imply hacking. Some of the firms - Citigroup, Regions Financial, E*TRADE Financial and ADP - confirmed that their servers had seen traffic from the same Internet protocol (IP) addresses that hackers had used to breach JPMorgan's system. On the other hand, some banks including Deutsche Bank and BofA did not confirm any indications of hackers trying to invade their systems. Despite no other firm reporting any data breach til now, several law enforcement agencies including the Federal Bureau of Investigation, National Security Agency, Department of Homeland Security, U.S. attorney's office in Manhattan and New York's Department of Financial Services are examining the matter. The situation is being monitored by the White House officials as well. There is also a debate going on to decipher the motive behind the cyber attacks. Speculations suggest that the cyber onslaught might be in retaliation against recent sanctions imposed on Russia over the Ukraine crisis. Moreover, the sophistication level and other technical details of the cyber attack point toward some government link. Investigations are still on and hackers from Russia or other Eastern European countries are also being considered as possible suspects. With the U.S. banks hit by a deluge of cyber assaults, the need to invest in cyber security is also gaining strength. The situation demands that the banks be extremely careful and develop a system that is cyber-attack proof. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMORGAN CHASE (JPM): Free Stock Analysis Report REGIONS FINL CP (RF): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report DEUTSCHE BK AG (DB): Free Stock Analysis Report E TRADE FINL CP (ETFC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report BNP PARIBAS-ADR (BNPQY): Get Free Report HSBC HOLDINGS (HSBC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""#PreMarket Primer: Thursday, October 9: Fed Worries That Waning Global Economy Could Hurt US Progress"", ""Wall Street seeks encore; Robots get smarter After its biggest day of 2014, what can Wall Street do for an encore? JP Morgan Chase is part of an unlucky 13. And iRobot says it can make them smarter.""]" ADP,2014-10-10,61.2467,61.724,60.7457,60.7516, ADP,2014-10-13,60.8877,61.1391,60.1422,60.1599,"[""Zacks Rank #5 Additions for Monday - Tale of the Tape Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Automatic Data Processing ( ADP ) BHP Billiton Limited ( BHP ) CTC Media, Inc. ( CTCM ) Helen of Troy Limited ( HELE ) Juniper Networks, Inc. ( JNPR ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report BHP BILLITN LTD (BHP): Free Stock Analysis Report CTC MEDIA INC (CTCM): Free Stock Analysis Report HELEN OF TROY (HELE): Free Stock Analysis Report JUNIPER NETWRKS (JNPR): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Infosys Limited (INFY) Ex-Dividend Date Scheduled for October 14, 2014 Infosys Limited ( INFY ) will begin trading ex-dividend on October 14, 2014. A cash dividend payment of $0.4924 per share Shareholders who purchased INFY stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -31.4% decrease from the prior quarter. At the current stock price of $62.82, the dividend yield is 3.14%. The previous trading day's last sale of INFY was $62.82, representing a -1.17% decrease from the 52 week high of $63.56 and a 25.49% increase over the 52 week low of $50.06. INFY is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). INFY's current earnings per share, an indicator of a company's profitability, is $3.39. Zacks Investment Research reports INFY's forecasted earnings growth in 2015 as 10.38%, compared to an industry average of 22.2%. For more information on the declaration, record and payment dates, visit the INFY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to INFY through an Exchange Traded Fund [ETF]? The following ETF(s) have INFY as a top-10 holding: iShares MSCI India ETF (INDA) First Trust ISE Chindia Index Fund ( FNI ) iShares S&P India Nifty 50 Index Fund ( INDY ) iShares MSCI All Country Asia Information Technology Index Fun ( AAIT ) SPDR S&P Emerging Asia Pacific ETF ( GMF ). The top-performing ETF of this group is GMF with an increase of 3.49% over the last 100 days. INDA has the highest percent weighting of INFY at 8.75%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-10-14,60.6668,61.0208,60.4114,60.7398,"[""ADP Provides Enhanced Self-Directed Brokerage Account Option To Retirement Plan Participants Through New Business Relationship With TD Ameritrade"", ""ADP Provides Enhanced Self-Directed Brokerage Account Option To Retirement Plan Participants Through New Business Relationship With TD Ameritrade"", ""ADP Provides Enhanced Self-Directed Brokerage Account Option To Retirement Plan Participants Through New Business Relationship With TD Ameritrade""]" ADP,2014-10-15,60.2023,60.4844,58.9469,60.0179, ADP,2014-10-16,59.1875,60.3266,59.1067,59.8916, ADP,2014-10-17,60.6274,61.0208,59.7911,60.7693, ADP,2014-10-20,60.6491,61.3641,60.4932,61.3285,"Notable ETF Outflow Detected - XLK, HPQ, ACN, ADP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Technology Select Sector SPDR Fund (Symbol: XLK) where we have detected an approximate $700.4 million dollar outflow -- that's a 5.3% decrease week over week (from 347,705,897 to 329,105,897). Among the largest underlying components of XLK, in trading today Hewlett-Packard Co (Symbol: HPQ) is down about 1.9%, Accenture plc (Symbol: ACN) is trading flat, and Automatic Data Processing Inc. (Symbol: ADP) is higher by about 0.1%. The chart below shows the one year price performance of XLK, versus its 200 day moving average: Looking at the chart above, XLK's low point in its 52 week range is $32.39 per share, with $40.62 as the 52 week high point - that compares with a last trade of $37.67. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-10-21,61.5653,62.6185,61.2467,62.5445,"[""Stocks to Watch for October 22, 2014"", ""Stocks to Watch for October 22, 2014"", ""Stocks to Watch for October 22, 2014""]" ADP,2014-10-22,62.6846,62.8612,62.3414,62.3838, ADP,2014-10-23,63.3385,63.7123,62.8917,63.0761,"[""Globoforce, ADP Announce New Strategic Alliance"", ""Globoforce, ADP Announce New Strategic Alliance"", ""Globoforce, ADP Announce New Strategic Alliance""]" ADP,2014-10-24,63.2596,63.7557,63.0997,63.7123, ADP,2014-10-27,63.7557,64.0476,63.5032,63.9391, ADP,2014-10-28,64.3326,64.6511,63.729,64.5998,"[""Pre-Market Earnings Report for October 29, 2014 : SO, PSX, ADP, PX, WLP, EXC, ETN, HES, TEL, MHFI, WM, HSY The following companies are expected to report earnings prior to market open on 10/29/2014. Visit our Earnings Calendar for a full list of expected earnings releases. Southern Company ( SO ) is reporting for the quarter ending September 30, 2014. The electric power utilities company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.07. This value represents a 0.93% decrease compared to the same quarter last year. SO missed the consensus earnings per share in the 3rd calendar quarter of 2013 by -2.7%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for SO is 16.92 vs. an industry ratio of 11.70, implying that they will have a higher earnings growth than their competitors in the same industry. Phillips 66 ( PSX ) is reporting for the quarter ending September 30, 2014. The oil refining company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.69. This value represents a 94.25% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for PSX is 12.14 vs. an industry ratio of 21.10. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending September 30, 2014. The outsourcing company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.60. This value represents a 11.76% decrease compared to the same quarter last year. ADP missed the consensus earnings per share in the 1st calendar quarter of 2014 by -1.85%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ADP is 26.19 vs. an industry ratio of 10.80, implying that they will have a higher earnings growth than their competitors in the same industry. Praxair, Inc. ( PX ) is reporting for the quarter ending September 30, 2014. The chemical company's consensus earnings per share forecast from the 15 analysts that follow the stock is $1.63. This value represents a 7.95% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for PX is 19.70 vs. an industry ratio of 16.50, implying that they will have a higher earnings growth than their competitors in the same industry. WellPoint Inc. ( WLP ) is reporting for the quarter ending September 30, 2014. The hmo company's consensus earnings per share forecast from the 16 analysts that follow the stock is $2.27. This value represents a 8.10% increase compared to the same quarter last year. In the past year WLP has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 7.02%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for WLP is 13.75 vs. an industry ratio of 14.80. Exelon Corporation ( EXC ) is reporting for the quarter ending September 30, 2014. The electric power utilities company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.70. This value represents a 10.26% decrease compared to the same quarter last year. The \""days to cover\"" for this stock exceeds 11 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for EXC is 14.79 vs. an industry ratio of 11.70, implying that they will have a higher earnings growth than their competitors in the same industry. Eaton Corporation, PLC ( ETN ) is reporting for the quarter ending September 30, 2014. The machinery company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.23. This value represents a 9.82% increase compared to the same quarter last year. In the past year ETN has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ETN is 13.78 vs. an industry ratio of 1.80, implying that they will have a higher earnings growth than their competitors in the same industry. Hess Corporation ( HES ) is reporting for the quarter ending September 30, 2014. The oil company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.07. This value represents a 9.32% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for HES is 16.73 vs. an industry ratio of 13.00, implying that they will have a higher earnings growth than their competitors in the same industry. TE Connectivity Ltd. ( TEL ) is reporting for the quarter ending September 30, 2014. The electrical instrument company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.00. This value represents a 7.53% increase compared to the same quarter last year. In the past year TEL has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 1.01%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for TEL is 14.91 vs. an industry ratio of -85.60, implying that they will have a higher earnings growth than their competitors in the same industry. McGraw Hill Financial, Inc. ( MHFI ) is reporting for the quarter ending September 30, 2014. The business info service company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.95. This value represents a 18.75% increase compared to the same quarter last year. In the past year MHFI has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 8.16%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for MHFI is 21.87 vs. an industry ratio of 24.80. Waste Management, Inc. ( WM ) is reporting for the quarter ending September 30, 2014. The waste removal company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.68. This value represents a 4.62% increase compared to the same quarter last year. WM missed the consensus earnings per share in the 4th calendar quarter of 2013 by -6.67%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for WM is 20.30 vs. an industry ratio of 9.10, implying that they will have a higher earnings growth than their competitors in the same industry. Hershey Company ( HSY ) is reporting for the quarter ending September 30, 2014. The confectionary company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.08. This value represents a 3.85% increase compared to the same quarter last year. HSY missed the consensus earnings per share in the 1st calendar quarter of 2014 by -0.86%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for HSY is 23.36 vs. an industry ratio of 23.40. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks Rank #5 Additions for Tuesday - Tale of the Tape Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Arctic Cat Inc ( ACAT ) ARM Holdings plc ( ARMH ) Artisan Partners Asset Management Inc ( APAM ) Automatic Data Processing ( ADP ) BP plc ( BP ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ARCTIC CAT INC (ACAT): Free Stock Analysis Report ARM HOLDNGS ADR (ARMH): Free Stock Analysis Report ARTISAN PTNR AM (APAM): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report BP PLC (BP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Will Automatic Data Processing (ADP) Miss Earnings? (revised) - Analyst Blog Automatic Data Processing, Inc. ( ADP ) is set to report fiscal Q1 2015 results on Oct 29. Last quarter, it posted a 0.0% surprise. The company has posted an average positive earnings surprise of 0.83% over the past four quarters. Let's see how things are shaping up for this announcement. Growth Factors This Past Quarter ADP is expected to perform better on the back of improved execution and higher client retention. Moreover, recovery in the job market will help the company. However, a volatile macroeconomic environment and increasing competition from Paychex Inc. ( PAYX ) and Equifax Inc. ( EFX ) are the near-term headwinds. The launch of ADP marketplace will help employers to manage an ecosystem of complementary enterprise applications, enabling them to extend the value of their workforce data across their entire organizations. The new product improves ADP's competitive position, in our view. We believe that the spin-off of its dealer services segment renamed as CDK Global will enable both ADP to focus on their core operation. Further, the company is expected to fetch a tax-free sum of $825 million on account of the spin-off which it will use for making share repurchases. This, in turn, will boost the bottom line growth going forward. Earnings Whispers? Our proven model does not conclusively show that ADP will beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank of #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at 60 cents. Hence, the difference is of 0.00%. Zacks Rank #4 (Sell): We caution against stocks with Zacks Ranks #4 and #5 (Sell rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Other Stocks to Consider Here are a couple of other companies you may want to consider as our model shows they have the right combination of elements to post an earnings beat this quarter: Facebook Inc. ( FB ) has an Earnings ESP of +6.25% and a Zacks Rank #2 (Buy) Invensense Inc. ( INVN ) has an Earnings ESP of +10.00% and a Zacks Rank #2 (We are reissuing this article to correct a mistake. The original article, issued yesterday, Oct. 27, 2014, should no longer be relied upon.) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report INVENSENSE INC (INVN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Will Automatic Data Processing (ADP) Miss Earnings in Q4? (revised) - Analyst Blog Automatic Data Processing, Inc. ( ADP ) is set to report fiscal Q1 2015 results on Oct 29. Last quarter, it posted a 0.0% surprise. The company has posted an average positive earnings surprise of 0.83% over the past four quarters. Let's see how things are shaping up for this announcement. Growth Factors This Past Quarter ADP is expected to perform better on the back of improved execution and higher client retention. Moreover, recovery in the job market will help the company. However, a volatile macroeconomic environment and increasing competition from Paychex Inc. ( PAYX ) and Equifax Inc. ( EFX ) are the near-term headwinds. The launch of ADP marketplace will help employers to manage an ecosystem of complementary enterprise applications, enabling them to extend the value of their workforce data across their entire organizations. The new product improves ADP's competitive position, in our view. We believe that the spin-off of its dealer services segment renamed as CDK Global will enable both ADP to focus on their core operation. Further, the company is expected to fetch a tax-free sum of $825 million on account of the spin-off which it will use for making share repurchases. This, in turn, will boost the bottom line growth going forward. Earnings Whispers? Our proven model does not conclusively show that ADP will beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank of #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at 60 cents. Hence, the difference is of 0.00%. Zacks Rank #4 (Sell): We caution against stocks with Zacks Ranks #4 and #5 (Sell rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Other Stocks to Consider Here are a couple of other companies you may want to consider as our model shows they have the right combination of elements to post an earnings beat this quarter: Facebook Inc. ( FB ) has an Earnings ESP of +6.25% and a Zacks Rank #2 (Buy) Invensense Inc. ( INVN ) has an Earnings ESP of +10.00% and a Zacks Rank #2 (We are reissuing this article to correct a mistake. The original article, issued yesterday, Oct. 27, 2014, should no longer be relied upon.) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report INVENSENSE INC (INVN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-10-29,64.4578,65.3001,64.3237,65.1491,"[""Earnings Scheduled For October 29, 2014"", ""Automatic Data Processing, Inc. Reports Q1 EPS of $0.62 vs $0.60 Est; Revenue of $2.57B vs $2.55B Est"", ""Automatic Data Processing, Inc. Reports Q1 EPS of $0.62 vs $0.60 Est; Revenue of $2.57B vs $2.55B Est"", ""Earnings Scheduled For October 29, 2014"", ""Automatic Data Processing (ADP) Tops Q1 Earnings, Sales Up Y/Y - Analyst Blog Automatic Data Processing Inc. ( ADP ) reported first-quarter fiscal 2015 earnings from continuing operations of 62 cents per share, which surpassed the Zacks Consensus Estimate of 60 cents and grew 13% year over year. Quarter Details Revenues increased 9% year over year to $2.57 billion but missed the Zacks Consensus Estimate of $2.65 billion. The year-over-year growth was driven by strong results from Employer Services, PEO Services and Dealer Services segments. Employer Services revenues increased 7% year over year to $2.1 billion based on organic growth. The number of employees on clients' payrolls in the United States grew 3.1% in the quarter on a same-store-sales basis. PEO Services revenues rose 18% year over year to $594.9 million in the reported quarter. In the quarter, combined worldwide new business bookings for Employer Services and PEO Services grew 11% year over year. New business bookings represent annualized recurring revenues expected from new orders. Interest on funds held for clients grew 1.2% year over year to $90.3 million. The growth was primarily due to 7% year-over-year growth in average client funds balances to $18.7 billion offset by a 10 basis points (bps) drop in average interest yield to 1.9%. Margins Total expenses in the reported quarter increased 8.1% year over year to $2.14 billion, attributable to selling, general & administrative expense (up 7.5% year over year), higher operating expenses (up 8.2% year over year) and systems development & programming costs (up 10.1% year over year). Balance Sheet ADP exited the quarter with cash and cash equivalents were $4.4 billion compared with $3.6 billion in the previous quarter. Long-term debt was $10.9 million versus $11.5 million in the previous quarter. Dealer Services Spinoff On Sep 30, 2014, ADP completed the spinoff of its Dealer Services business into an independent publicly traded company known as CDK Global, Inc. The transaction is expected to provide ADP at least $700.0 million, which it plans to use for buying back shares. Guidance ADP expects fiscal 2015 revenues to grow in the range of 7% to 8% on a year-over-year basis. Further, the company expects diluted earnings per share to grow 12% to 14% from diluted earnings per share of $2.58 in fiscal 2014. This represents 5 to 100 bps expansion in pre-tax margin from 18.4% in fiscal 2014. Worldwide new business bookings are expected to rise approximately 8% over $1.4 billion sold in fiscal 2014. Employer Services revenues are expected to grow approximately 6% to 7% with a pre-tax margin expansion of approximately 100 bps. The company expects pays per control will increase 2% to 3% in the year. PEO Services revenues are expected be 13% to 15%. Pre-tax margin is expected to grow 50 bps on a year-over-year basis. In addition, the company expects interest on funds held for clients to increase $5 to $15 million, or 1% to 4% driven by estimated growth in average client funds balances of 5% to 7% to $21.8 to $22.2 billion. However, the growth would be partially offset by decline in average interest yield to 1.7% to 1.8%. Further, the total contribution from the client funds extended investment strategy is estimated to grow $5 to $15 million. Going forward, the company expects tax rate of 34.6% in fiscal 2015 compared with 33.9% in fiscal 2014. Our Take ADP is expected to perform better on the back of improved execution and higher client retention. Moreover, recovery in the job market will help the company. However, volatile macroeconomic environment and increasing competition from Paychex Inc. ( PAYX ) and Equifax Inc. ( EFX ) are the near-term headwinds. Currently, ADP has a Zacks Rank #5 (Strong Sell). A better-ranked stock in this sector is TriNet Group, Inc. ( TNET ), sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Sector Update: Technology Shares Lower Pre-Market Top Technology Stocks: MSFT: -0.06% AAPL: -0.08% IBM: +0.12% CSCO: -0.02% GOOG: -0.03% Technology shares were lower in pre-market trade Wednesday. In technology stocks news, Automatic Data Processing ( ADP ), a provider of human-resources and payroll services, Wednesday reported fiscal Q1 adjusted earnings and revenue above analysts' expectations and reiterated its forecast for fiscal 2015 revenue growth. For the quarter ended Sept. 30, ADP's net earnings slipped to $295.2 million, or $0.61 per diluted share, from $328.6 million, or $0.68 per diluted share, a year earlier. And, Garmin ( GRMN ) reported Q3 revenue was up 10% over year ago levels to $706 million, well ahead of the analyst consensus of $679.7 million. Pro forma EPS was $0.76, up from $0.69 per share last year and four cents ahead of the Street view on Capital IQ. For the full year 2014, the company now expects revenue at about $2.85 billion, the high end of its prior guidance, with gross and operating margins of 56% and 24%, respectively. Pro forma EPS is forecast at $3.10 per share. The Street consensus stands at $2.81 billion in revenue and earnings of $3.09 per share. GRMN trades in a 52-week range of $43.03 to $62.05. Finally, Wi-LAN ( WILN ) Wednesday reported a huge improvement in adjusted earnings for Q3 ended September 30, primarily as a result of increased revenues and reduced litigation expenses. The licensing company swung to adjusted net earnings of $13.2 million, or $0.11 per share, from adjusted net loss of $0.3 million, or nil per share, last year. The Street was expecting adjusted net earnings of $0.10 per share, according to the Capital IQ poll. On a GAAP basis, it had a net loss of $0.4 million, or nil per share, versus a net loss of $6.5 million, or $0.05 per share, a year earlier. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Sector Update: Tech Technology shares were lower in pre-market trade Wednesday. In technology stocks news, Automatic Data Processing ( ADP ), a provider of human-resources and payroll services, Wednesday reported fiscal Q1 adjusted earnings and revenue above analysts' expectations and reiterated its forecast for fiscal 2015 revenue growth. For the quarter ended Sept. 30, ADP's net earnings slipped to $295.2 million, or $0.61 per diluted share, from $328.6 million, or $0.68 per diluted share, a year earlier. And, Garmin ( GRMN ) reported Q3 revenue was up 10% over year ago levels to $706 million, well ahead of the analyst consensus of $679.7 million. Pro forma EPS was $0.76, up from $0.69 per share last year and four cents ahead of the Street view on Capital IQ. For the full year 2014, the company now expects revenue at about $2.85 billion, the high end of its prior guidance, with gross and operating margins of 56% and 24%, respectively. Pro forma EPS is forecast at $3.10 per share. The Street consensus stands at $2.81 billion in revenue and earnings of $3.09 per share. GRMN trades in a 52-week range of $43.03 to $62.05. Finally, Wi-LAN ( WILN ) Wednesday reported a huge improvement in adjusted earnings for Q3 ended September 30, primarily as a result of increased revenues and reduced litigation expenses. The licensing company swung to adjusted net earnings of $13.2 million, or $0.11 per share, from adjusted net loss of $0.3 million, or nil per share, last year. The Street was expecting adjusted net earnings of $0.10 per share, according to the Capital IQ poll. On a GAAP basis, it had a net loss of $0.4 million, or nil per share, versus a net loss of $6.5 million, or $0.05 per share, a year earlier. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. Reports Q1 EPS of $0.62 vs $0.60 Est; Revenue of $2.57B vs $2.55B Est"", ""Earnings Scheduled For October 29, 2014"", ""5 \u2018dividend aristocrat\u2019 stocks set to boost earnings up to 77% These companies help investors weather a shaky stock market These companies help investors weather a shaky stock market, writes Phil van Doorn.""]" ADP,2014-10-30,65.1264,66.3829,64.6354,66.0101, ADP,2014-10-31,67.4016,68.5535,66.7715,68.378, ADP,2014-11-03,68.1432,68.9569,68.1275,68.3444, ADP,2014-11-04,68.8553,69.6956,68.5614,69.5229,"Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for November 05, 2014 Simulations Plus, Inc. ( SLP ) will begin trading ex-dividend on November 05, 2014. A cash dividend payment of $0.05 per share is scheduled to be paid on November 14, 2014. Shareholders who purchased SLP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that SLP has paid the same dividend. At the current stock price of $6.33, the dividend yield is 3.16%. The previous trading day's last sale of SLP was $6.33, representing a -11.47% decrease from the 52 week high of $7.15 and a 30.79% increase over the 52 week low of $4.84. SLP is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). SLP's current earnings per share, an indicator of a company's profitability, is $.19. Zacks Investment Research reports SLP's forecasted earnings growth in 2014 as 5.56%, compared to an industry average of 6.2%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-11-05,70.0486,70.5506,69.6739,70.4846,"[""ADP Employment Report Points To Strengthening Jobs Outlook"", ""ADP Employment Report Points To Strengthening Jobs Outlook"", ""Closing Update: Stocks End Mixed as Post-Election Bounce Eludes Nasdaq Composite Index Wall Street celebrated Republicans taking majority control of the U.S. Senate with modest gains Wednesday, although they were enough to lift the Dow Jones Industrial Average to another new record high Wednesday and the S&P 500 to within one point of its all-time high. Late profit-taking deflated technology and health care stocks, leaving the Nasdaq Composite index with a narrow decline. Positive jobs data also supported gains for many shares today, with the monthly Automated Data Processing ( ADP ) report on private payrolls showing 230,000 new hires during September, matching expectations and raising hopes for a strong Labor Department jobs report on Friday. Other economic data today was less optimistic, with separate surveys of the country's service sectors showing declines for the second month in a row, also lagging market estimates. Energy stocks rebounded strongly Wednesday after crude oil futures turned higher today after falling to a three-year low yesterday. Crude oil for December delivery settled $1.49 higher at $78.68 per barrel while December climbed another 7 cents to finish at $4.19 per 1 million BTU. December gold finished floor trading today down $22 at $1,145.70 per ounce. December silver fell 51 cents to $15.42 per ounce while December copper declined a penny at $3.01 per pound. Here's where the U.S. markets stood at the end-of-day: Dow Jones Industrial Average up 100.69 (+0.58%) to 17,484.53 S&P 500 up 11.47 (+0.57%) to 2,023.57 Nasdaq Composite Index down 2.91 (-0.06%) to 4,620.72 GLOBAL SENTIMENT Hang Seng Index down 0.63% Shanghai China Composite Index down 0.47% FTSE 100 Index up 1.32% UPSIDE MOVERS (+) COUP, Q3 net loss of $0.01 per share tops Wall Street expectations by $0.06 per share. Revenue grows 47.4% year over year to $58.5 mln, beating the analyst consensus by $5.67 mln. (+) CRTO, Earnings jump to 11.4 mln euros from 3 mln euros last year as revenue excluding traffic acquisition costs rises 67% to 77.6 mln euros. Raises FY14 revenue guidance, now projecting 296 mln euros to 298 mln euros. (+) ESYS, Agrees to $70.5 mln buyout offer from Lindsay Corp. ( LNN ), which pay $17.50 in cash for each ESYS share - an 80.2% premium over Tuesday's closing price for the stock. The companies anticipate a January 2015 closing. DOWNSIDE MOVERS (-) CHUY, Lowers FY14 earnings outlook by $0.09 per share from its prior forecast, now expecting between $0.67 to $0.69 per share. The Street is at $0.76 per share. (-) LMCK, Completes spin-off of Liberty Broadband Corp (LBRDA,LBRDK). (-) ENPH, Forecasts lower Q4 gross margin of 31% to 33%, mostly below its 33% Q3 gross margin and little changed from year-ago levels. Guides Q4 revenue above Street view, expecting $98 mln to $103 mln, beating estimates by at least $3.8 mln. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Reasons Why Automatic Data Processing Is a Top Dividend Stock ADP Dividend data by YCharts Granted, ADP hasn't always been as generous with its dividend increases. During the financial crisis, ADP made only minimal dividend increases, preserving capital as it went through a tough time in its core business. Yet even at that point, ADP didn't give up on making big boosts, and with quarterly payouts having almost quadrupled in just the past decade alone, dividend investors can count on sustained growth in the quarterly payments they receive on their ADP shares. 2. Employment is back on track, giving ADP growth opportunities. Automatic Data Processing provides outsourcing services to its clients, with a particular emphasis on payroll. As a result, ADP often does best when the economy has the most positive momentum, as a strong economy encourages more hiring and puts more businesses in a position in which they can afford to look outside their own walls to get help managing administrative functions like payroll. Over the past five years since the financial crisis, ADP has seen impressive earnings growth, and positive employment numbers have a lot to do with those improved results. As you can see below, the 2008 recession really hit ADP's earnings hard, and the sluggish recovery that followed initially limited the company's ability to bounce back. ADP Net Income (Annual) data by YCharts But gradually, unemployment levels have started falling back down toward more normal levels. In particular, positive conditions in key areas of the U.S. economy, such as the energy industry, have driven labor-market strength in certain areas of the country. More broadly, a generally favorable view toward the overall economy has improved business confidence and encouraged employers to consider hiring new people and tapping ADP for more of its services. Obviously, ADP will face business cycles in the future. But one sign of the strength of its dividend is that ADP has weathered short-term storms before without losing its dividend-paying resolve, and that doesn't appear likely to change anytime soon. Source: ADP. 3. ADP has tapped a key market that its competitors haven't been able to penetrate. One of ADP's biggest strengths is that it targets some of the largest companies in the world to provide its services. In general, ADP has focused its efforts on big employers, and while it hasn't completely ignored mid-sized and small businesses, rivals Paychex and Intuit have suites of services that target smaller-sized employers more directly. Having large-company exposure makes ADP more stable during good times, but it also threatens to make it less nimble when opportunities to tap into broader employer markets arise. Moreover, as Paychex broadens its own target audience , ADP will repeatedly have to demonstrate that it's the best option for businesses of all sizes. Automatic Data Processing isn't the best-known company in the U.S., but it's among the best dividend stocks investors could choose. With a history of strong business growth as well as a solid commitment to returning capital to shareholders, ADP should continue to be a top dividend stock well into the future. Top dividend stocks for the next decade The smartest investors know that dividend stocks simply crush their non-dividend paying counterparts over the long term. That's beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor's portfolio. To see our free report on these stocks, just click here . The article 3 Reasons Why Automatic Data Processing Is a Top Dividend Stock originally appeared on Fool.com. Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing, Intuit, and Paychex. The Motley Fool owns shares of Intuit. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Midday Update: Pro-Business Republican Win Buoys Wall Street The Dow Jones Industrial Average rose to a new record high Wednesday as Wall Street celebrated Republicans taking the U.S. Senate in the mid-term elections last night as well as on expectations that recent gains in private payrolls will translate into a strong jobs report Friday. Although some of today's opening gains were compromised by weakness in the services sector, all three of the major indices were holding on to solid gains, underpinned by upbeat Q3 earnings and a rebound in the energy sector as crude oil prices stabilized. Wednesday's economic data was mixed starting with an as-expected 230,000 gain in Automated Data Processing ( ADP ) private payrolls for October. It was the sixth time in seven months that new hires topped 200,000 while another 12,000 workers were added to September payrolls report, now at a revised 225,000. That led to modest upward revisions to expectations for the October non-farm payroll report due Friday morning, currently looking for around 240,000 new hires. But data from the services sector was not as encouraging today, with the Purchasing Manager's and the Institute for Supply Management non-manufacturing indices both declining from their prior levels. The final PMI for October was lowered to 57.1 from October's flash reading at 57.3 and from a final 58.9 reading in September. The ISM index also came in at 57.1, trailing the market consensus looking for a 58.0 reading - down from a 58.6 score in September. European investors also were encouraged by the Republican victory overseas as well as prospects the European Central Bank will beef up its stimulus measures. Odds are split as to whether the recent spate of bleak EU-zone economic data coupled with the end of quantitative easing in the U.S. will spur the ECB to increase its asset purchases although most investors appear convinced the central bank will have to act soon with France and Germany poised to follow Italy into another recession. Crude oil was up $0.91 to $77.99 per barrel. Natural gas was up $0.04 to $4.26 per 1 million BTU. Gold was down $21.00 to $1,146.70 an ounce, while silver was down $0.43 to $15.53 an ounce. Copper was down $0.01 to $3.01 per pound. Among energy ETFs, the United States Oil Fund was up 1.33% to $29.69 with the United States Natural Gas Fund was up 0.32% to $21.81. Amongst precious-metal funds, the Market Vectors Gold Miners ETF was down 0.61% to 17.19 while SPDR Gold Shares were down 1.75% to $110.26. The iShares Silver Trust was down 2.96% to $14.91. Here's where the U.S. markets stood at mid-day: NYSE Composite Index up 53.93 (+0.50%) to 10,812.01 Dow Jones Industrial Average up 97.50 (+0.56%) to 17,481.34 S&P 500 up 10.04 (+0.50%) to 2,022.14 Nasdaq Composite Index up 9.46 (+0.20%) to 4,633.09 GLOBAL SENTIMENT Nikkei 225 Index up 0.44% Hang Seng Index down 0.63% Shanghai China Composite Index down 0.47% FTSE 100 Index up 1.32% CAC 40 up 1.89% DAX up 1.63% NYSE SECTOR INDICES NYSE Energy Sector Index up 1.46% NYSE Financial Sector Index up 0.34% NYSE Healthcare Sector Index up 0.21% UPSIDE MOVERS (+) JIVE (+13.75%) Reported strong Q3 results, sees narrower Q4, FY 14 loss. (+) NICE (+12.17%) Beats Q3 estimates, sets guidance in-line to above consensus. (+) DVN (+9.64%) Q3 results beat analyst estimates, raises production guidance. DOWNSIDE MOVERS (-) ZAGG (-26.80%) Reported a Q3 loss. (-) CHUY (-28.84%) Q3 earnings missed expectations, downgraded to Neutral at Baird. (-) ZU (-19.58%) Reported revenue in-line with estimates, beat on earnings, price target lowered at Bank of America to $38 from $46. (-) AMRI (-21.84%) Reported a Q3 loss of $0.02 per share (-) FEYE (-15.02%) Reported below consensus revenue and disappointing guidance (-) NUS (-15.61%) Issued Q4 guidance below analyst expectations (-) TRIP (-13.65%) Missed Q3 earnings expectations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks Rank #5 Additions for Wednesday - Tale of the Tape Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Approach Resources Inc. ( AREX ) Automatic Data Processing ( ADP ) Granite Construction Inc. ( GVA ) Harsco Corporation ( HSC ) Itron, Inc. ( ITRI ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report APPROACH RESRCS (AREX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report GRANITE CONSTRU (GVA): Free Stock Analysis Report HARSCO CORP (HSC): Free Stock Analysis Report ITRON INC (ITRI): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Employment Report Points To Strengthening Jobs Outlook""]" ADP,2014-11-06,70.7883,71.1532,70.3593,70.8573,"Stock Market News for November 06, 2014 - Market News Most benchmarks ended in the green on Wednesday as strong jobs data and midterm election results boosted investor confidence. Moreover, gains in oil prices and encouraging earnings reports also helped benchmarks register gains yesterday. However, certain dismal earnings results dragged Nasdaq downward. The S&P 500 and Dow reached record intraday highs during initial hours but failed to hold on to those gains. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) rose 0.6% to close at 17,484.53. The Standard & Poor 500 (S&P 500) also gained 0.6% to close at 2,023.57. The tech-laden Nasdaq Composite Index closed at 4,620.72; declining about 0.1%. The fear-gauge CBOE Volatility Index (VIX) declined 4.8% to settle at 14.17. A total of 6.4 billion shares were traded on Wednesday, lower than five day average of 7.3 billion. Advancers outpaced declining stocks on the NYSE. For 57% stocks that advanced, 40% declined. On Wednesday, Automatic Data Processing, Inc. ( ADP ) reported that the economy has added 230,000 private jobs in October, the seventh straight month of job gains in excess of 200,000. The tally for September was also revised higher. Except for the June ADP number of 297,000, the October jobs were the highest monthly total for the ADP report this year. The ADP report showed broad-based gains, with small businesses adding 102,000 jobs, medium-sized businesses adding 122,000 and large businesses adding 5,000. The service sector added 181,000 in October, up from September's 176,000, with professional and business services producing strong numbers. Separately, as widely expected, the Republicans notched a strong win in the midterm elections over the Democrats to take control of the U.S. Senate. Republicans have won a majority in both chambers of Congress for the first time since 2006. Investors cheered the results as they expect that Republicans winning both chambers now should help clear many of the bills. These includes possible revoke of medical device taxes which have been a very unpopular part of Obama's Affordable Care Act and expansion of the pipeline connecting Canadian oil sands and Gulf of Mexico. The Republicans, along with a cross section of Democrats, had been pushing for approval of the pipeline which they feel would pump the U.S. economy with multi-millions in revenues. Additionally, oil prices snapped four straight sessions of losses. Prices of WTI crude oil and Brent crude oil rose 1.9% and 0.2% to $78.68 and $82.95, respectively. The rise in oil prices helped the Energy Select Sector SPDR (XLE) to gain 1.8% on Wednesday. The sector was the second biggest gainer among the S&P 500 sectors. Key energy stocks including Halliburton Company ( HAL ), Chesapeake Energy Corporation ( CHK ), Baker Hughes Incorporated ( BHI ) and Schlumberger Limited ( SLB ) gained 2.3%, 6.9%, 2.7% and 2.6%, respectively. In company news, shares of Time Warner Inc. ( TWX ) gained 4% after posting third-quarter 2014 adjusted earnings of $1.22 per share. This surpassed the Zacks Consensus Estimate of 94 cents, reflecting strength across Turner, Home Box Office (HBO) and Warner Bros. Also, Time Warner's total revenue of $6,243 million rose 3% year over year and came ahead of the Zacks Consensus Estimate of $6,129 million. EOG Resources, Inc.'s ( EOG ) shares jumped 6.5% after reporting third quarter adjusted earnings per share of $1.31, beating the Zacks Consensus Estimate of $1.28. Total revenue increased from $3,541.4 million in the year-ago quarter to $5,118.6 million and also came above the Zacks Consensus Estimate of $4,019.0 million. Shares of Activision Blizzard, Inc. ( ATVI ) rose 4.4% after announcing third quarter earnings per share of 22 cents, ahead of the Zacks Consensus Estimate of 9 cents. The company also raised its full-year revenue guidance to $4.80 billion from the prior outlook of $4.70 billion. However, TripAdvisor Inc.'s ( TRIP ) shares plunged 14.1% after reporting third quarter adjusted earnings per share of 39 cents, missing the Zacks Consensus Estimate by 12 cents. On the other hand, shares of FireEye, Inc. ( FEYE ) plummeted 15% after posting third quarter revenues of $114 million, missing the Zacks Consensus Estimate of $116 million. Both of these disappointing earnings results had a negative impact on the Nasdaq on Wednesday. On the economic front, the Institute of Supply Management reported that ISM Services Index decreased to 57.1 in October from 58.6 in September. The reading also missed the consensus estimate of 58.3. This reading indicates that the service sector had expanded at a slower pace in October, compared to that in September. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report HALLIBURTON CO (HAL): Free Stock Analysis Report CHESAPEAKE ENGY (CHK): Free Stock Analysis Report BAKER-HUGHES (BHI): Free Stock Analysis Report SCHLUMBERGER LT (SLB): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report EOG RES INC (EOG): Free Stock Analysis Report ACTIVISION BLZD (ATVI): Free Stock Analysis Report TRIPADVISOR INC (TRIP): Free Stock Analysis Report FIREEYE INC (FEYE): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-11-07,70.9787,71.0566,69.9678,70.5457,"Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for November 10, 2014 Computer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on November 10, 2014. A cash dividend payment of $0.57 per share is scheduled to be paid on November 28, 2014. Shareholders who purchased CPSI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CPSI has paid the same dividend. At the current stock price of $63.15, the dividend yield is 3.61%. The previous trading day's last sale of CPSI was $63.15, representing a -12.15% decrease from the 52 week high of $71.89 and a 11.57% increase over the 52 week low of $56.60. CPSI is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CPSI's current earnings per share, an indicator of a company's profitability, is $3.23. Zacks Investment Research reports CPSI's forecasted earnings growth in 2014 as 9.73%, compared to an industry average of 9.4%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CPSI through an Exchange Traded Fund [ETF]? The following ETF(s) have CPSI as a top-10 holding: PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 4.27% over the last 100 days. It also has the highest percent weighting of CPSI at 2.56%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-11-10,70.4934,71.3041,70.2833,71.1719, ADP,2014-11-11,71.1444,71.3376,70.7706,71.0289,"[""ADP Raises Qtr. Dividend from $0.48 to $0.49/Share"", ""ADP Raises Qtr. Dividend from $0.48 to $0.49/Share"", ""Daily Dividend Report: ADP, BAX, CTL, WM, LRCX, ESV, DHI, MWV, MLI Automatic Data Processing ( ADP ) approved a $0.01 increase in the quarterly cash dividend to an annual rate of $1.96 per share, Carlos Rodriguez, president and chief executive officer, announced. The new quarterly dividend rate of $0.49 per share compares with the previous quarterly dividend rate of $0.48 per share. This increased quarterly dividend will be distributed on January 1, 2015 to shareholders of record at December 12, 2014. Baxter International ( BAX ) declared a quarterly dividend of $0.52 per Baxter common share. The dividend is payable on January 2, 2015 to shareholders of record as of December 5, 2014. CenturyLink ( CTL ) voted to declare a regular quarterly cash dividend of $0.54 per share, a portion of which will be payable out of capital surplus, on December 5, 2014, to shareholders of record on November 24, 2014. Waste Management ( WM ) announced the declaration of a quarterly cash dividend of $0.375 per share payable December 19, 2014 to stockholders of record on December 5, 2014. Lam Research Corporation ( LRCX ) has approved a quarterly dividend of $0.18 per share of common stock. On an annualized basis, this will return approximately $115 million to stockholders based on shares outstanding as of September 28, 2014. The dividend payment will be made on January 7, 2015 to holders of record on December 10, 2014. Ensco (ESV) has declared a regular quarterly cash dividend of $0.75 per Class A ordinary share payable on 19 December 2014. The ex-dividend date for this payment is expected to be 4 December 2014, with a record date of 8 December 2014. D.R. Horton (DHI) has declared a quarterly cash dividend of $0.0625 per common share. The dividend is payable on December 15, 2014 to stockholders of record on December 1, 2014. MeadWestvaco Corporation (MWV) declared a regular quarterly dividend of $0.25 cents per common share. The payment of the dividend will be made December 1, 2014 to shareholders of record at the close of business November 21, 2014. Mueller Industries (MLI) has declared a regular quarterly cash dividend of 7.5 cents per share on its common stock. The dividend will be payable December 15, 2014, to shareholders of record on December 1, 2014. VIDEO: Daily Dividend Report: ADP, BAX, CTL, WM, LRCX, ESV, DHI, MWV, MLI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Raises Qtr. Dividend from $0.48 to $0.49/Share""]" ADP,2014-11-12,70.879,71.5229,70.7617,71.243,"Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for November 13, 2014 Evertec, Inc. ( EVTC ) will begin trading ex-dividend on November 13, 2014. A cash dividend payment of $0.1 per share is scheduled to be paid on December 05, 2014. Shareholders who purchased EVTC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that EVTC has paid the same dividend. At the current stock price of $22.14, the dividend yield is 1.81%. The previous trading day's last sale of EVTC was $22.14, representing a -15.91% decrease from the 52 week high of $26.33 and a 8.16% increase over the 52 week low of $20.47. EVTC is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). EVTC's current earnings per share, an indicator of a company's profitability, is $.93. Zacks Investment Research reports EVTC's forecasted earnings growth in 2014 as 11.74%, compared to an industry average of 16%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EVTC through an Exchange Traded Fund [ETF]? The following ETF(s) have EVTC as a top-10 holding: Market Vectors Latin America Small-Cap Index ETF ( LATM ). The top-performing ETF of this group is LATM with an decrease of -13.97% over the last 100 days. It also has the highest percent weighting of EVTC at 1.56%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-11-13,71.4313,71.8159,71.0566,71.4136,"[""XLK, ADP, GLW, TEL: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Technology Select Sector SPDR Fund (Symbol: XLK) where we have detected an approximate $32.8 million dollar outflow -- that's a 0.3% decrease week over week (from 309,955,897 to 309,155,897). Among the largest underlying components of XLK, in trading today Automatic Data Processing Inc. (Symbol: ADP) is up about 0.5%, Corning, Inc. (Symbol: GLW) is off about 1.1%, and TE Connectivity Ltd (Symbol: TEL) is lower by about 0.3%. For a complete list of holdings, visit the XLK Holdings page \u00bb The chart below shows the one year price performance of XLK, versus its 200 day moving average: Looking at the chart above, XLK's low point in its 52 week range is $33.79 per share, with $41.43 as the 52 week high point - that compares with a last trade of $41.40. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks Rank #5 Additions for Thursday - Tale of the Tape Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: AAR Corp. ( AIR ) Actuant Corporation ( ATU ) Altra Industrial Motion Corp ( AIMC ) Automatic Data Processing ( ADP ) Avis Budget Group Inc. ( CAR ) View the entire Zacks Rank #5 List . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AAR CORP (AIR): Free Stock Analysis Report ACTUANT CORP (ATU): Free Stock Analysis Report ALTRA HOLDINGS (AIMC): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report AVIS BUDGET GRP (CAR): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-11-14,71.1631,71.5112,70.6217,70.8612,"Weekly Market Wrap: November 14, 2014 The forty-sixth trading week of 2014 comes to a close with the S&P 500 and Dow Jones slightly lower, and the NASDAQ composite higher in early-afternoon trading on Friday. Most actively traded stocks include Nokia (NOK) down 5.1%, Baker Hughes (BHI) lower by 0.35%, Apple (AAPL) up 1% and Hertz Global Holdings (HTZ) down 13.7%. Hi. I'm Sayoko Murase. Welcome to the 'Weekly Market Wrap' for November 14, 2014. The Dow Jones Industrial Average, S&P 500 and the Nasdaq Composite are all higher for the week. Crude oil futures are lower this week, trading at $75.34 per barrel on Friday afternoon. And Gold futures are higher this week, trading at $1192.12 an ounce this afternoon. In economic news, in the week ending November 8, the advance figure for seasonally adjusted initial claims was 290,000, an increase of 12,000 from the previous week's unrevised level of 278,000. The 4-week moving average was 285,000, an increase of 6,000 from the previous week's unrevised average of 279,000. The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending November 1, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 1 was 2,392,000, an increase of 36,000 from the previous week's revised level. The previous week's level was revised up 8,000 from 2,348,000 to 2,356,000. The 4-week moving average was 2,372,500, an increase of 750 from the previous week's revised average. The previous week's average was revised up by 2,000 from 2,369,750 to 2,371,750. The U.S. Census Bureau announced that advance estimates of U.S. retail and food services sales for October, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $444.5 billion, an increase of 0.3 percent from the previous month, and 4.1 percent above October 2013. Total sales for the August through October 2014 period were up 4.5 percent from the same period a year ago. The August to September 2014 percent change was unrevised from -0.3%. Retail trade sales were up 0.3 percent from September 2014, and 3.8 percent above last year. Nonstore retailers were up 9.1 percent from October 2013 and auto and other motor vehicle dealers were up 8.3 percent from last year. In corporate dividend news, Viacom ( VIAB ) has declared a quarterly cash dividend of $0.33 per share on both its Class A and Class B common stock. The dividend will be payable on January 2, 2015 to stockholders of record at the close of business on December 15, 2014. Automatic Data Processing ( ADP ) approved a $0.01 increase in the quarterly cash dividend to an annual rate of $1.96 per share, Carlos Rodriguez, president and chief executive officer, announced. The new quarterly dividend rate of $0.49 per share compares with the previous quarterly dividend rate of $0.48 per share. This increased quarterly dividend will be distributed on January 1, 2015 to shareholders of record at December 12, 2014. Baxter International ( BAX ) declared a quarterly dividend of $0.52 per Baxter common share. The dividend is payable on January 2, 2015 to shareholders of record as of December 5, 2014. CenturyLink ( CTL ) voted to declare a regular quarterly cash dividend of $0.54 per share, a portion of which will be payable out of capital surplus, on December 5, 2014, to shareholders of record on November 24, 2014. Waste Management ( WM ) announced the declaration of a quarterly cash dividend of $0.375 per share payable December 19, 2014 to stockholders of record on December 5, 2014. And, Pitney Bowes (PBI) has declared a quarterly cash dividend on the company's common stock of $0.1875 cents per share. The dividend will be paid on December 12, 2014, to stockholders of record on November 21, 2014. This is the 'Weekly Market Wrap' for Friday, November 14, 2014. Please join us on Monday for the Week Ahead Market Report. VIDEO: Weekly Market Wrap: November 14, 2014 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-11-17,70.8535,71.1364,70.6848,70.9392, ADP,2014-11-18,70.9392,71.1719,70.6117,70.8612,"Ultimate Software Rides Cloud To Lead Workforce Niche Maybe the race wasn't to the swift during biblical times, but in the 21st century you'll get left behind in a hurry if you're slow out of the gate with new technologies. Rivals ofUltimate Software Group ( ULTI ) are finding that out. Ultimate makes workforce management software designed to help clients better manage employee-related services such as payroll, benefits, recruiting, performance management and time management. The core product is UltiPro, software that manages the employment life cycle from recruitment to retirement. Ultimate delivers it via the Internet cloud. That last part -- the cloud -- is what separates Ultimate from others in its industry, analysts say. Ultimate was an early mover in designing an integrated, cloud-based human resources/payroll system, giving it a leg up on rivals who have taken longer to leverage the cloud. ""As the move to the cloud has accelerated, Ultimate has been one of the biggest beneficiaries,"" said Samad Samana, analyst at FBR Capital Markets. ""They are taking a lot of customers away fromADP ( ADP ), Ceridian andPaychex ( PAYX )."" Clout Of The Cloud Cloud-based systems have several advantages over hardware-based systems, Samana told IBD. ""There is a lower overall cost of ownership because you don't have to purchase hardware,"" he said. ""There's less staff cost in terms of management. And there are more frequent updates to the software, which helps you keep up with the pace of innovation."" Ultimate's ability to trot out new products and innovations has been one of the keys to its consistent financial growth through the years. The company posts double-digit sales and earnings gains with regularity and is expected to keep doing so well into the future. ""The market for Ultimate's solutions is large and growing rapidly. The company has strong, highly regarded products, increasing scale, and a business model that better balances revenue growth and profitability than many SaaS (software as a service) peers,"" MKM Partners analyst Kevin Buttigieg noted in a report last month initiating coverage on Ultimate with a ""buy"" rating. Ultimate boasts 2,700 customers with employees in 150 countries. Its client list features a diverse range of firms, including software makerAdobe Systems ( ADBE ), restaurant operatorsBloomin' Brands ( BLMN ) andTexas Roadhouse (TXRH), auto parts retailerPep Boys (PBY) and Major League Baseball. Ultimate mainly focuses on two types of customers: enterprise companies, defined as those with more than 1,500 employees, and mid-market companies, or those with around 500 to 1,500 employees. Ultimate's enterprise sales team, which consists of 75 sales reps, has ""an unusually low turnover"" rate with an average tenure of 10 years, Barrington Research analyst Jeff Houston noted following Ultimate's third-quarter earnings report on Oct. 28. He cites several reasons for the low turnover, including ""not penalizing successful salespeople by narrowing their territories as well as world-class benefits."" Winning Business During a conference call with analysts, Ultimate CEO Scott Scherr noted a number of enterprise wins during the company's third quarter, though he didn't divulge the names of the customers. These included a ""high-profile"" restaurant chain with 18,000 employees, a security company with 6,500 employees and an education services company with 3,600 employees. While most of Ultimate's business comes from large and mid-sized clients, the company has lately increased its efforts to land more smaller companies of 500 or fewer employees, analyst Houston says. ""Management was clear that it has been selling to companies with fewer than 500 employees for a long time, and that it is just adding more salespeople to target the low end of the market,"" he noted. FBR's Samana reckons it will be some time before the move to land more smaller clients begins to have much impact on Ultimate's financial results. ""The move downstream is a newer initiative for them, so it's something where we will see a bigger contribution a couple of years from now,"" he said. ""It's not as big a driver in the near term."" What About Job Gains? Although analyst Houston says Ultimate stands to benefit as the economy adds jobs, CEO Scherr mentioned on the third-quarter conference call that with new customers being Ultimate Software's biggest growth driver, changes in employment ""are not that material"" to the overall growth goal. During the third quarter the company logged revenue of $127.4 million, up 24% from the prior year and just ahead of consensus analyst views. Earnings gained 25% to 50 cents a share, topping estimates by a penny. Recurring revenue, or revenue that is likely to continue in the future, increased 26% during the quarter. ""The increase was primarily attributable to revenue growth from our cloud offering,"" Scherr said in a statement. Analysts polled by Thomson Reuters expect Ultimate to post full-year 2014 earnings of $2.02 a share, up 26% from a year earlier. EPS is seen rising another 22% to $2.46 in 2015. The company's stock price touched a nearly eight-month high of 156.20 on Tuesday. Shares are up 20% since Oct. 10. Ultimate is part of IBD's Computer Software-Enterprise group, which ranks No. 7 out of 197 industries tracked. The company has an IBD Composite Rating of 97, which ranks fifth in the group. Three stocks in the group have Composite Ratings of 99:Manhattan Associates (MANH),Paycom Software (PAYC) andSynchronoss Technologies (SNCR). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-11-19,70.8959,70.8959,70.2833,70.4628, ADP,2014-11-20,70.4697,70.5851,69.8987,70.3307,"[""These Stocks Just Raised Their Dividends The holidays are coming, and investors would like nothing better than to be gifted a dividend raise from one of their stocks. Dividend hikes are the gifts that keep on giving. Not only do they put extra money directly into a shareholder's pocket, but they often boost the price of the affected stock. This is because the market is willing to pay that much more for the extra payout. Companies that improve their long-term fundamentals typically have extra resources to add to their distribution over time. With that in mind, here is a selection of three stocks that upped their distributions last week. Dow Chemical The largest American chemical manufacturer has handed out quarterly dividends for over 100 years. Upholding that tradition, last week Dow declared an upcoming payout of $0.42 per share -- a 14% increase over the previous dividend of $0.37. The firm hasn't raised its distribution as often lately, although when it does, it tends to be generous. Since the beginning of 2009, it has hiked its dividend four times for a total difference of $0.15 per share. Like many dividend-paying stock market behemoths, Dow is fairly conservative when it comes to its distribution policy. What it pays out is easily covered by the cash it generates from its operations. DOW Total Dividends Paid (Quarterly) data by YCharts . At the moment, Dow's locked in a battle with activist investor Dan Loeb's Third Point hedge fund over the future direction of the company. But this is a company that's big on tradition, and it has the means and desire to keep those dividends flowing to shareholders no matter how ugly the fight gets and how severe the repercussions. Dow's new dividend is to be dispensed on Jan. 30 to holders of record as of Dec. 31. Automatic Data Processing This provider of payroll outsourcing related services is a dividend aristocrat -- one of the few S&P 500-listed companies that have raised their distributions at least once per year for a minimum of 25 years running. And It's staying in the club with last week's announcement that it is to lift its distribution slightly, by $0.01, to $0.49 per share. Automatic Data Processing likes to hike its dividend at the end of every year. This isn't one of the more generous raises; in both 2012 and 2013, the company increased the payout by 10%. Regardless, ADP's dividend continues to look safe. Over the past four years, the company's top and bottom lines have been on the rise. Cash and equivalents are relatively plentiful: At the end of the most recently reported quarter, they stood at a collective $2.2 billion -- more than enough to take care of the $230 million the firm paid in dividends. ADP Total Dividends Paid (Quarterly) data by YCharts . Automatic Data Processing's new distribution is to be paid on Jan. 1 to shareholders of record as of Dec. 12. StanCorp Financial Group Insurance and financial services company StanCorp Financial Group hands out its distribution once per year. It's that time of year for StanCorp, and this year's payout represents a substantial raise: The firm declared a $1.30 per-share dividend -- a meaty 18% higher than the 2013 payout of $1.10. StanCorp likes to add to its distribution. Since down-shifting from quarterly to annual dividend payments in 2001, the company has raised its dividend every year (factoring in a 2005 stock split). Fortunately, StanCorp has the room to do so. A glance at its 2013 annual report reveals that the company had cash and equivalents totaling $161 million at the start of the year and paid out a comparatively modest $48.5 million in common-stock dividends. Meanwhile, StanCorp's most recent quarter was a good one, with increased profitability on the back of revenue that's been more or less steady. The higher bottom line will add cash to the company's coffers, auguring well for the future of its dividend. SFG Net Income (Quarterly) data by YCharts . StanCorp's 2014 dividend will be handed out on Dec. 8 to shareholders of record as of Nov. 24. A group of Santas This week's trio of dividend raisers are companies that have developed the encouraging habit of raising their distributions on at least a semi-regular basis. All three look relatively certain to continue doing so in the future. Their investors won't be disappointed with the new gifts they're being delivered in the early days of this holiday season. Top dividend stocks for the next decade The smartest investors know that dividend stocks simply crush their non-dividend-paying counterparts over the long term. That's beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor's portfolio. To see our free report on these stocks, just click here . The article These Stocks Just Raised Their Dividends originally appeared on Fool.com. Eric Volkman has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Sorry Folks, Goldman Sachs Sees Slim Pickings in 2015""]" ADP,2014-11-21,71.0388,71.2557,70.0762,70.3504, ADP,2014-11-24,70.6621,71.0004,70.594,70.8909,"Splunk Reports Wider-than-Expected Q3 Loss, Revenues Beat - Analyst Blog Splunk Inc. ( SPLK ) reported fiscal third-quarter 2015 loss of 38 cents per share, which was wider than the Zacks Consensus Estimate of a loss of 35 cents and the year-ago quarter loss of 13 cents per share. The wider loss was primarily due to a surge in operating expenses in the third quarter. Revenues Revenues surged 47.6% year over year to $116 million, comfortably beating the Zacks Consensus Estimate of $107 million. Strong license sales and maintenance & services revenues primarily drove the upside. License sales (61.8% of revenues) jumped 41% year over year to $71.8 million. Maintenance & services revenues (38.2% of revenues) increased 59.5% from the year-ago quarter to $44.3 million. Adoption and implementation of its products within the enterprises is helping Splunk to generate more revenues. The company also added 500 new customers, which resulted in more than 8,400 customers worldwide. The clientele includes the likes of Automatic Data Processing ( ADP ), AT & T ( T ), Boeing Employees Credit Union, Cisco Systems, Comcast, SAP AG ( SAP ) and others. During the quarter, the company announced the industry's first 100% uptime service level agreement for Splunk Cloud and a free Splunk Online Sandbox to provide customers an experience of Splunk Cloud instantly. Margins Gross margin contracted 180 basis points (bps) from the year-ago quarter to 84.8%, primarily due to an unfavorable product mix. License gross margin declined 50 bps on a year-over-year basis, while maintenance & services contracted 90 bps in the quarter. Splunk continues to invest in research & development (R&D), which jumped 108.5% year over year to $39.5 million in the quarter. Sales & marketing (S&M) expense surged 61.6% from the prior-year quarter to $85.7 million. General & administrative expense increased 66% year over year to $21.4 million. The sharp jump in operating expenses (up 72.7% year over year) hurt profitability in the quarter. Operating loss (including stock-based compensation) was $45.5 million compared with a loss of $13.5 million in the year-ago quarter. Net loss (including stock-based compensation) was $45.8 million or 38 cents per share compared with a loss of $13.9 million or 13 cents per share in the year-ago quarter. Splunk Inc - Earnings Surprise | FindTheBest Balance Sheet and Cash Flow Splunk exited the third quarter with $796.4 million in cash & cash equivalents. Cash flow from operations was $24.2 million, while free cash flow was $20.2 million. Guidance For fourth-quarter fiscal 2015, Splunk expects revenues in the range of $135 to $137 million while the Zacks Consensus Estimate for the same is pegged at $133 million. Non-GAAP operating margin is expected to be between 4% to 5%. For fiscal 2015, revenues are likely to be in the range of $438 to $440 million (up from $423-$428 million expected earlier), while the Zacks Consensus Estimate for the same is pegged at $429 million. The company expects to report non-GAAP operating margin of 1% to 2% for the fiscal year. For fiscal 2016, Splunk expects its total revenue to be approximately $575 million while the Zacks Consensus Estimate for the same is pegged at $571 million. Our Take We believe that Splunk's strong product pipeline will continue to boost the top line. However, increasing investments for R&D and higher operating costs are expected to remain a drag on profitability in the near term. As Splunk continues to explore and expand into new markets, S&M expenditure is expected to increase significantly, thereby hurting margins in the near term. Moreover, the company continues to face tough competition from established players such as International Business Machines, which will remain an overhang on the stock. Currently, Splunk has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AT&T INC (T): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report SAP AG ADR (SAP): Free Stock Analysis Report SPLUNK INC (SPLK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-11-25,70.8702,71.1257,70.6444,70.669,"Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for November 26, 2014 Ebix, Inc. ( EBIX ) will begin trading ex-dividend on November 26, 2014. A cash dividend payment of $0.075 per share is scheduled to be paid on December 15, 2014. Shareholders who purchased EBIX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that EBIX has paid the same dividend. At the current stock price of $16.25, the dividend yield is 1.85%. The previous trading day's last sale of EBIX was $16.25, representing a -9.47% decrease from the 52 week high of $17.95 and a 34.08% increase over the 52 week low of $12.12. EBIX is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). EBIX's current earnings per share, an indicator of a company's profitability, is $1.62. Zacks Investment Research reports EBIX's forecasted earnings growth in 2014 as 3.92%, compared to an industry average of -3.6%. For more information on the declaration, record and payment dates, visit the EBIX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-11-26,70.8356,71.0388,70.5368,70.955,"Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for November 28, 2014 Jack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on November 28, 2014. A cash dividend payment of $0.22 per share is scheduled to be paid on December 17, 2014. Shareholders who purchased JKHY stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that JKHY has paid the same dividend. At the current stock price of $61.57, the dividend yield is 1.43%. The previous trading day's last sale of JKHY was $61.57, representing a -0.69% decrease from the 52 week high of $62 and a 18.72% increase over the 52 week low of $51.86. JKHY is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). JKHY's current earnings per share, an indicator of a company's profitability, is $2.42. Zacks Investment Research reports JKHY's forecasted earnings growth in 2015 as 9.96%, compared to an industry average of -3.7%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-11-28,71.2804,72.1226,70.9116,71.6078, ADP,2014-12-01,71.2213,72.3229,71.0703,71.9648, ADP,2014-12-02,71.955,72.3593,71.5901,71.742,"3 Best Performing Stocks in November - Analyst Blog Markets registered significant gains over last month, riding on positive earnings results and a Republican victory during the midterm elections. However, the slump in oil prices and foreign economic data remained a cause for concern. Ultimately, domestic factors outweighed such headwinds and indices ended in the green. November's Performance For the month, the Dow and S&P 500 both rose 2.5% and the Nasdaq gained 3.5%. Benchmarks finished in positive territory in November as upbeat earnings results from retailers and US midterm election results improved investor confidence. Moreover, encouraging deal news and easing global growth worries also boosted benchmarks. However, decline in oil prices throughout the month affected energy shares. The Republicans notched a strong win in the midterm elections, securing a majority in both chambers of Congress for the first time since 2006. Investors cheered the results as they expect that Republicans winning both chambers should help clear many pro-market, pro-business bills. Moreover, encouraging confidence data from Germany and positive news from Japan reduced worries about global growth to some extent. However, reignited tensions in Ukraine, soft data from Europe and China offset some of the gains. Slump in Oil Prices Continues Oil prices continued to move lower, guiding markets and economic indicators on several occasions. The price of U.S. crude oil declined to its lowest level in almost three years earlier in the month. The decline in oil prices was a result of Saudi Arabia's decision to cut its supply price to U.S. customers in the face of abundant North American output. Experts believe that this move is aimed at Saudi Arabia trying to keep its market share in the U.S. while cutting down competitive pressure. Amid the soft oil pricing scenario, most investors were expecting an output cut from OPEC as the move could have arrested declining crude prices. However, in a meeting at the Austrian capital of Vienna, the OPEC members formed a consensus to keep their production target at 30 million barrels per day, as decided in Dec 2011. This eventually dragged oil prices further resulting in WTI crude falling more than 10% to settle at $66.15 per barrel on Nov 28. GDP Rises Significantly According to the ""second"" estimate by the Bureau of Economic Analysis, GDP increased at an annual rate of 3.9%, more than the consensus estimate of an increase by 3.3%. Meanwhile, durable orders increased 0.4% in October. Separately, the ISM Manufacturing Index improved to 59 in October. Retail sales rose 0.3% in October. Decline in oil prices seems to be the main reason behind this increase. However, several economic reports were dismal in nature. The ISM Services Index decreased to 57.1 in October. Separately, industrial production declined 0.1% in October. This data signaled that decline in oil prices had negatively impacted the production of energy sector. Consumer Price Index remained flat in October mainly due to decline in oil prices. Consumer confidence declined to a five-month low Labor Market Improves Data on the labor market was largely positive in nature. Automatic Data Processing, Inc. (ADP) reported that the economy has added 230,000 private jobs in October, the seventh straight month of job gains in excess of 200,000. Total nonfarm payroll employment increased 214,000 in October. Moreover, the economy added in excess of 200,000 workers for nine successive months, a figure last achieved in 1994. The unemployment rate edged down to 5.8% in October from September's 5.9%. This is the lowest figure recorded since Jul 2008. Housing Sector Data Mixed Data on the housing sector came in mixed. Construction spending dropped 0.4%, while privately-owned housing starts declined by 2.8%. However, single-family housing starts gained 4.2% in October, the highest rate of increase in this category since Nov 2013. Additionally, building permits also increased at a rate of 4.8% in October. Meanwhile, existing home sales gained 1.5%. In contrast, the US home prices growth slowed down, according to the S&P/Case-Shiller's Composite Index. Again, sales of new homes increased at the fastest pace in five months in October. However, pending home sales declined 1.1%. External Factors Cause for Worry At the beginning of the month, the European Commission's downgrade of the Eurozone's growth outlook dented investor confidence. The region is expected to grow at 0.8% this year and 1.1% next year, down from its previous estimates of 1.2% and 1.7%, respectively. The European Union's statistics service Eurostat reported that the Eurozone's GDP grew at a sluggish rate of 0.2% in the third quarter. Two of the region's powerhouses, Germany and France, grew at 0.1% and 0.3% respectively. Moreover, Italy witnessed a contraction of 0.1% in the quarter. However, Greece and Spain displayed a lot more economic vigor, with GDP growth of 0.7% and 0.5%. ECB President Mario Draghi provided reassurances regarding the economic situation on different occasions. Draghi indicated that the ECB may boost its balance sheet to Mar 2012 level by pumping in additional 1 trillion euros. However, the interest rate was maintained at record low level of 0.05%. European Central Bank President Mario Draghi's possible expansion of monetary stimulus has met resistance from German Chancellor Angela Merkel. Investors also remained anxious on the latest developments in Ukraine. There has been news that Russian troops have entered Ukraine. Ultimately, ECB declared that it has started purchasing asset-backed securities in order to revive the economy. This announcement came after economic data out of Europe had a negative impact on investors. Markit's flash PMI in Eurozone had decreased to 51.4 from October's final reading of 52.1. A sales tax hike from 5 to 8% earlier this year by the Shinzo Abe-led Japanese government pushed GDP growth into negative territory in the second quarter. However, markets rallied after Japan's prime minister Shinzo Abe announced delaying the second round of sales tax increases by 18 months. Abe also announced snap elections to get a fresh mandate for continuing with his Abenomics policies. China's Industrial Production growth increased at 7.7%, the second weakest pace since 2009. Moreover, European Central Bank's Survey of Professional Forecasters reduced China's inflation outlook to 0.5% from 0.7% for this year and to 1% from 1.2% for 2015. Moreover, China's flash PMI released by HSBC declined to 50.0 in November, reaching a 6-month low. This reading indicated that China's manufacturing sector struggled to expand in November. As a result, China's central bank lowered its one-year deposit rate by 40 basis points to 5.60%. The central bank also trimmed its deposit rates by 25 basis points to 2.75%. People's Bank of China and European Central Bank's efforts to boost their economies were welcomed by investors. Republicans Win As widely expected, the Republicans notched a strong win in the midterm elections over the Democrats to take control of the U.S. Senate. Republicans have won a majority in both chambers of Congress for the first time since 2006. Investors cheered the results as they expect that Republicans winning both chambers now should help clear many of the bills. These include possible reversal of medical device taxes which have been a very unpopular part of President Obama's Affordable Care Act and expansion of the pipeline connecting Canadian oil sands and Gulf of Mexico. The Republicans, along with a cross section of Democrats, had been pushing for approval of the pipeline which they feel would pump the U.S. economy with multi-millions in revenues. Earnings Results, Mergers & Acquisitions Encouraging earnings results include Wal-Mart Stores Inc. ( WMT ), Cisco Systems, Inc. ( CSCO ), Macy's ( M ), Best Buy ( BBY ), Dollar Tree, Inc. ( DLTR ) and Target ( TGT ). Moreover, merger and acquisition news between Hasbro Inc. ( HAS ) and DreamWorks Animation SKG Inc. ( DWA ), Actavis ( ACT ) and Allergan Inc. ( AGN ), and Berkshire Hathaway Inc. ( BRK.A ) and The Procter & Gamble Company ( PG ) also boosted markets. Fed Minutes The Federal Open Market Committee's (FOMC) minutes for Oct 28-29 meeting mentioned that some Federal Reserve officials had doubts about whether the 2% inflation rate target could be achieved. Fed officials also debated over the issue of hiking interest rate. Though the FOMC reaffirmed that it would maintain interest rate near zero level for ""a considerable time,"" they also said it may hike the same earlier if the economy strengthens. Policymakers voted 9:1 in favor of terminating the bond purchasing program. Lack of enough clues regarding hiking interest rates dented investor sentiment on Wednesday. 3 Star Performers for November I ran a screen on Research Wizard for companies with the following parameters: ( Click here to sign up for a free trial to the Research Wizard today ) : Percentage price change over the last 4 weeks greater than or equal to 20% Forward price-to-earnings Ratio (P/E) for the current financial year (F1) less than or equal to 20. This picks out stocks that are good value choices Expected earnings growth for the current financial year greater than or equal to 20% Zacks Rank less than or equal to 2: This ascertains stocks that have shown above-average returns over the last 26 years. (See the performance of Zacks' portfolios and strategies here: About Zacks Performance ). Here are the top 3 stocks among the 12 that made it through this screen: RF Micro Devices Inc. ( RFMD ) designs and manufactures radio frequency solutions. The company has a wide range of products including single function components, integrated circuits and multi-chip modules. Among RF Micro Devices' prominent operating segments are the cellular products group and the multi-market products group. Percentage price gain over the last 4 weeks = 32.2% RF Micro Devices holds a Zacks Rank #1 (Strong Buy) and has significant expected earnings growth for FY2014. The stock's forward price-to-earnings ratio (P/E) for the current financial year (F1) is 14.18. Tessera Technologies Inc. ( TSRA ) licenses its proprietary advanced integrated circuit (IC) packaging technology to semiconductor manufacturers, assemblers and material suppliers. In 2013, the company generated revenues from two segments: Intellectual Property (89% revenue share) and Digital Optics (the remaining 11%). Percentage price gain over the last 4 weeks = 26.4% The company has significant expected earnings growth for FY2014 and holds a Zacks Rank #1 (Strong Buy). Tessera Technologies has a P/E (F1) of 17.65. Meritor, Inc. ( MTOR ) is a global automotive parts manufacturer and supplier to various customers in North America, Europe and other parts of the world. Meritor is a worldwide supplier of a broad range of integrated systems, modules and components for commercial, specialty and light vehicles worldwide with leading positions in most of its markets. Percentage price change over the last 4 weeks = 25.6% Expected earnings growth for FY2014 = 32.9% Apart from a Zacks Rank #2 (Buy), Meritor has a P/E (F1) of 10.13. Santa Claus Rally Ahead? Despite several international headwinds, all three benchmarks have closed in the green. This is the second such month when this has occurred, raising hopes of a Santa Claus rally. Historically, December is considered to be beneficial for investors. This is because it is the second month of what is considered to be the best period for investors. The period begins in November and ends in April. There are already several encouraging signs. A strong third quarter earnings season and faster-than-expected growth in GDP are the major positives on the domestic front. Meanwhile, stimulus measures in China, Europe and the Eurozone have somewhat replaced the tailwind provided by the Fed's bond repurchase program. Of course, this depends on several factors. Firstly, oil prices must continue to remain significantly low to encourage customers to spend more during the holiday shopping season. Though this will continue to hurt energy stocks, it could result in overall gains. If consumers are still in a mood to buy, there are strong indications that December will be a good month for stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PROCTER & GAMBL (PG): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report DOLLAR TREE INC (DLTR): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report BEST BUY (BBY): Free Stock Analysis Report ALLERGAN INC (AGN): Free Stock Analysis Report HASBRO INC (HAS): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report TESSERA TEC INC (TSRA): Free Stock Analysis Report BERKSHIRE HTH-A (BRK.A): Free Stock Analysis Report RF MICRO DEVICE (RFMD): Free Stock Analysis Report MERITOR INC (MTOR): Free Stock Analysis Report DREAMWORKS ANIM (DWA): Free Stock Analysis Report ACTAVIS PLC (ACT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-12-03,71.4796,71.9087,71.0625,71.8564,"[""No Boost from ADP, Labor Market - Ahead of Wall Street Wednesday, December 3, 2014 Stocks today were indicated to open essentially flat even before this morning's ADP report and the labor market report, which didn't add any excitement. The government jobs report coming out on Friday is the key economic read on the docket now. The ADP read came in tad bit below estimates at 208K for November vs. 233K in October and 213K in September. The November tally is the 8th straight month of job gains in excess of 200K. Importantly, the tally for October was modestly revised higher. The consensus expectation for Friday's BLS report is for 'headline' gains of 230K, which includes government jobs that have been averaging in the 5K to 10K monthly level lately. As such, today's ADP report wouldn't have much bearing on current BLS estimates, though the two reports can divert in a big way from each other at times. This was particularly the case a few months back when the two reports diverged in a big way in August, though that month's gap has since been narrowed a bit in subsequent revisions. Today's ADP report showed broad-based gains, with small businesses adding 101K jobs, medium-sized businesses adding 65K and large businesses adding 42K. The goods-producing sector added 32K jobs in November, down from the 46K tally in October. The Construction industry added 17K jobs compared to October's 26K tally while manufacturing's 11K jobs for the month were about in-line with the prior-month's 13K. The service sector added 176K in November, up from October's 187K, with professional and business services producing strong numbers. In terms of market impact, this report reconfirms what we have known for some time - that U.S. economic growth is looking up even as the outlook for the rest of the world is coming down. The growth picture beyond the U.S. borders isn't looking very promising as this morning's composite Markit PMI survey for Europe shows. Market participants expect that the persistently weak run of European data will prompt the European Central Bank to start implementing the type of monetary policy that the U.S. Fed is getting out of and that the Bank of Japan is also undertaking at present. Not much is expected from tomorrow's ECB meeting, but hopes remain high that a full-fledged QE program for the region will get underway some time in early 2015. It is these hopes that has pushed lower the region's bond yields as well as the exchange value of the common currency. Sheraz Mian Director of Research Note: In order to get an email alert each time this author publishes a new article, click on the 'Follow Author' link at the bottom of the top-right box of links. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Insperity Rewards Shareholders with Special Dividend - Analyst Blog Human resource and business solutions provider Insperity Inc. ( NSP ) recently announced a special cash dividend of $2 per share to be paid on Dec 26 to shareholders of record as of Dec 15. This disbursement comes in addition to the quarterly dividend payment of 19 cents per share announced on Nov 14. Such rewards will surely boost investors' confidence in the stock. This is not the first time Insperity has paid such special dividends -- the last time was in Dec 2012 when it paid $1 a share. The special dividend was primarily supported by continued solid operational performance. Insperity delivered positive surprises in the last four quarters with an average beat of 15.5%. The company also increased its quarterly dividend six times since the inception of the program in 2005. The program is also expected to return nearly $90 million to Insperity investors in 2014. The decision to return value as well as a portion of capital is based on Insperity's strong liquidity position and positive free cash flow generation capabilities. This apart, the board had approved a 1.9 million share repurchase program, which includes approximately 693k shares authorized in Sep 2014. These efforts not only retain investor confidence but also attract potential investors. Now let's have a look at how Insperity performed in the third quarter of 2014. Cash and marketable securities were $225.4 million versus $212.3 million in the prior quarter. Insperity did not carry any long-term debt balance. We believe that with a sound dividend policy and strong cash position, Insperity will continue rewarding its shareholders in the quarters ahead. Insperity recorded earnings per share of 33 cents, which came ahead of the Zacks Consensus Estimate of 23 cents. Revenues grew 3.8% year over year to $560.3 million. The year-over-year improvement was attributed to higher average paid worksite employees (up 1.8%) and higher revenues per worksite employee (up 2%). Given a debt-free balance sheet, we think the move makes sense. We are also positive on Insperity's recurring revenue model, higher worksite employees, and software-as-a-service business model. However, competition from Automatic Data Processing Inc. ( ADP ), Paychex Inc. ( PAYX ) and ManpowerGroup Inc. ( MAN ) remains a headwind. Moreover, the company provided a tepid full-year guidance, which will remain an overhang on the stock. Currently, Insperity has a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report MANPOWER INC WI (MAN): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-12-04,71.955,72.2588,71.6809,71.9501,"[""Economist Sees Nov. BLS Report Adding 255,000 Jobs"", ""Economist Sees Nov. BLS Report Adding 255,000 Jobs"", ""Stock Market News for December 04, 2014 - Market News Strong service sector numbers and modestly impressive job data helped benchmarks to finish in the green zone on Wednesday. This was the second consecutive day of gains for the indices. Moreover, rally in energy shares following rebound in oil prices and solid gains in materials stocks also boosted investor confidence. The S&P 500 reached its 48th record high this year and the Dow registered the same for 33rd time this year. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) rose 0.2% to close at 17,912.62. The Standard & Poor 500 (S&P 500) increased 0.4% to close at 2,074.33. The tech-laden Nasdaq Composite Index closed at 4,774.47; also gaining 0.4%. The fear-gauge CBOE Volatility Index (VIX) declined 3% to settle at 12.47. A total of about 6.1 billion shares were traded on Wednesday. Advancers outpaced declining stocks on the NYSE. For 63% stocks that advanced, 34% declined. On Wednesday, the Institute for Supply Management reported that ISM Services Index increased to 59.3 in November from October's reading of 57.1, beating the consensus estimate of 57.5. The reading has remained above the 50-mark for 58 consecutive months. Additionally, Markit's final Purchasing Managers Index for service sector also indicated expansion in service sector activities. Markit reported that final service sector PMI came in at 56.2 in November. However, the reading was slightly below October's figure of 57.1. Separately, Automatic Data Processing, Inc. ( ADP ) reported that private sector added 208,000 jobs in November, registering eighth straight month of job gains in excess of 200,000. However, the tally came in below October's and September's numbers of 233,000 and 213,000, respectively. Importantly, the tally for October was modestly revised higher from 230,000 to 233,000. Investors are also looking forward to the U.S. Labor Department's employment report which is due on Friday. Additionally, the Bureau of Labor Statistics revised third quarter nonfarm labor productivity upward to 2.3%, compared to earlier reported figure of 2%. The price of WTI crude oil rebounded on Wednesday and gained 0.7%, or 50 cents, to $67.38 per barrel. Moreover, U.S. commercial crude oil inventories declined 3.7 million barrels in the week ending Nov 28 from previous week's level to 79.3 million barrels. These developments had a positive impact on the Energy Select Sector SPDR (XLE) that rose 1.2% yesterday. Key energy stocks including Schlumberger Limited ( SLB ), Baker Hughes Incorporated ( BHI ), EOG Resources, Inc. ( EOG ) and Marathon Oil Corporation ( MRO ) rose 1.8%, 1.4%, 1.7% and 2.7%, respectively. Also, the Materials Select Sector SPDR (XLB) was the biggest gainer among the S&P 500 sectors on Wednesday. The sector gained 1.5% yesterday. Key materials stocks including The Dow Chemical Company ( DOW ), Nucor Corporation ( NUE ), Monsanto Company ( MON ) and FMC Corp. ( FMC ) increased 1.3%, 3.4%, 1.7% and 1.8%, respectively. Eight out of 10 S&P 500 sectors registered gains on Wednesday. However, shares of Brown-Forman Corporation ( BF.B ) declined 3.9% after reporting second quarter fiscal 2015 earnings per share of 97 cents, missing the Zacks Consensus Estimate of $1.05. Consequently, the company downgraded its earnings guidance to a band of $3.15-$3.35 per share for fiscal 2015, compared to $3.25-$3.45 per share projected earlier. Brown-Forman's dismal earnings results had a negative impact on the Consumer Staples Select Sector SPDR (XLP). The sector was the biggest loser among the S&P 500 sectors and declined 0.7% on Wednesday. Key stocks from the sector including Keurig Green Mountain, Inc. ( GMCR ), The Coca-Cola Company ( KO ), Pepsico, Inc. ( PEP ) and Wal-Mart Stores Inc. ( WMT ) lost 1.4%, 1.7%, 1.4% and 1.1%, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SCHLUMBERGER LT (SLB): Free Stock Analysis Report BAKER-HUGHES (BHI): Free Stock Analysis Report EOG RES INC (EOG): Free Stock Analysis Report MARATHON OIL CP (MRO): Free Stock Analysis Report DOW CHEMICAL (DOW): Free Stock Analysis Report NUCOR CORP (NUE): Free Stock Analysis Report MONSANTO CO-NEW (MON): Free Stock Analysis Report FMC CORP (FMC): Free Stock Analysis Report BROWN FORMAN B (BF.B): Free Stock Analysis Report KEURIG GREEN MT (GMCR): Free Stock Analysis Report COCA COLA CO (KO): Free Stock Analysis Report PEPSICO INC (PEP): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Economist Sees Nov. BLS Report Adding 255,000 Jobs""]" ADP,2014-12-05,71.733,71.8376,71.1631,71.7567,"[""Stifel Nicolaus Downgrades Automatic Data Processing, Inc. to Hold, Removes $83.00 PT"", ""UPDATE: Stifel Downgrades Automatic Data Processing As Risk/Reward Comes Into Balance"", ""UPDATE: Stifel Downgrades Automatic Data Processing As Risk/Reward Comes Into Balance"", ""Stifel Nicolaus Downgrades Automatic Data Processing, Inc. to Hold, Removes $83.00 PT"", ""Stock Market News for December 05, 2014 - Market News Benchmarks ended slightly lower on Thursday after hitting record highs on the previous day after the European Central Bank failed to provide solid clues about further monetary stimulus. Moreover, investors were also cautious ahead of Friday's nonfarm employment report. However, encouraging jobless claims report limited some of the losses on Thursday. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) declined almost 0.1% to close at 17,900.10. The Standard & Poor 500 (S&P 500) decreased 0.1% to close at 2,071.92. The tech-laden Nasdaq Composite Index closed at 4,769.44; also losing 0.1%. However, the fear-gauge CBOE Volatility Index (VIX) declined 0.7% to settle at 12.38. A total of about 6.02 billion shares were traded on Thursday. Decliners outpaced advancing stocks on the NYSE. For 62% stocks that declined, 35% advanced. In the meeting on Thursday, the European Central Bank (ECB) President Mario Draghi indicated that the ECB may consider additional monetary stimulus in the Eurozone to revive the economy. However, he also added that monetary expansion may be provided by early 2015. He said: \""Early next year the Governing Council will reassess the monetary stimulus achieved, the expansion of the balance sheet and the outlook for price developments.\"" Benchmarks were dragged down following the meeting as investors had expected that expansion may occur sooner. Moreover, ECB also kept the interest rate unchanged at record level of 0.05%. ECB also lowered its guidance for next year's economic growth in the common currency bloc. The central bank now expects that the economy will grow at a pace of 1%, down from its earlier projection of 1.6%. Draghi stated that decline in oil prices will increase deflationary pressure in the area. Investors also remained cautious about the jobs report which is due to be released today. Private data provider Automatic Data Processing, Inc. ( ADP ) reported on Wednesday that the economy had generated 208,000 new jobs in November, which was below October's and September's numbers of 233,000 and 213,000, respectively. However, November's tally indicated that the economy witnessed eighth straight month of job gains in excess of 200,000. The consensus estimate for jobs created in November is 226,000. However, positive initial claims data helped benchmarks avoid further losses on Thursday. Jobless claims for the week ending Nov 29 came in at 297,000, declining from earlier week's number of 314,000. But the tally remained above the consensus estimate of 288,000. Separately, shares of Sears Holdings Corporation ( SHLD ) declined 4.4% after posting third quarter loss per share of $5.15, wider than the year-ago quarter's loss per share of $5.03. The company also reported 13.3% year-over-year decline in quarterly revenues to $7.2 billion. Barnes & Noble, Inc.'s ( BKS ) shares dropped 5.4% after reporting second quarter earnings per share of 12 cents, missing the Zacks Consensus Estimate of 17 cents. Moreover, the U.S. book seller also announced that it is terminating its commercial agreement regarding its Nook e-book reader with Microsoft Corporation ( MSFT ). On Thursday, the prices of WTI crude oil and Brent crude oil declined 0.9% and 0.4% to $66.81 per barrel and $69.64 per barrel, respectively. Decline in oil prices negatively impacted the Energy Select Sector SPDR (XLE), which declined 0.9%. The sector was the biggest loser among the S&P 500 sectors. Key energy stocks including Chevron Corporation ( CVX ), Helmerich & Payne, Inc. ( HP ), Chesapeake Energy Corporation ( CHK ) and Marathon Oil Corporation ( MRO ) lost 1.3%, 1.5%, 2% and 2.3%, respectively. Seven out of 10 S&P 500 sectors registered losses on Thursday. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report BARNES & NOBLE (BKS): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report HELMERICH&PAYNE (HP): Free Stock Analysis Report CHESAPEAKE ENGY (CHK): Free Stock Analysis Report MARATHON OIL CP (MRO): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mentor Graphics Corporation (MENT) Ex-Dividend Date Scheduled for December 08, 2014 Mentor Graphics Corporation ( MENT ) will begin trading ex-dividend on December 08, 2014. A cash dividend payment of $0.05 per share is scheduled to be paid on January 02, 2015. Shareholders who purchased MENT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MENT has paid the same dividend. At the current stock price of $22.12, the dividend yield is .9%. The previous trading day's last sale of MENT was $22.12, representing a -9.01% decrease from the 52 week high of $24.31 and a 21.21% increase over the 52 week low of $18.25. MENT is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). MENT's current earnings per share, an indicator of a company's profitability, is $1.18. Zacks Investment Research reports MENT's forecasted earnings growth in 2015 as -13.38%, compared to an industry average of 6.1%. For more information on the declaration, record and payment dates, visit the MENT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for December 08, 2014 CSG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on December 08, 2014. A cash dividend payment of $0.1575 per share is scheduled to be paid on December 19, 2014. Shareholders who purchased CSGS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CSGS has paid the same dividend. At the current stock price of $25.69, the dividend yield is 2.45%. The previous trading day's last sale of CSGS was $25.69, representing a -19.99% decrease from the 52 week high of $32.11 and a 10.9% increase over the 52 week low of $23.16. CSGS is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSGS's current earnings per share, an indicator of a company's profitability, is $.98. Zacks Investment Research reports CSGS's forecasted earnings growth in 2014 as -6.25%, compared to an industry average of -3.1%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dow 30 Stock Roundup: Chevron Starts Production at Jack/St. Malo Project, UnitedHealth Provides Guidance - Analyst Blog The Dow had a mixed week, swinging between gains and losses. The blue-chip index moved lower on Monday as discouraging domestic as well as overseas economic data dented investor sentiment. However, the Dow rebounded on Tuesday as healthcare and energy shares rallied to post solid gains. The blue-chip index gained again on Wednesday boosted by strong service sector numbers and modestly impressive job data. However, the Dow again took losses on Thursday after the European Central Bank failed to provide solid clues about further monetary stimulus. The Dow has gained 0.4% during the first four trading days. LastWeek's Performance Stocks ended Friday's holiday-shortened session on a mixed note following decline in oil prices that dragged down energy shares. However, slide in oil prices boosted airlines and retail shares on Black Friday. Moreover, major benchmarks registered weekly gains for the sixth consecutive week and also managed to finish in positive territory in November. The blue-chip index ended the day nearly unchanged. Over the week, the Dow gained 0.1%. Markets ended in the green last week as upbeat earnings results and some positive economic data offset the slide in oil prices over the week. Moreover, encouraging efforts by China and Europe to improve their economic health also boosted investor confidence. Moreover, the People's Bank of China's decision to lower its key interest rates and European Central Bank's (ECB) declaration that it had started purchasing asset-backed securities positively impacted markets. Also, encouraging economic data including the second estimate of third quarter GDP, durable orders and new home sales numbers boosted benchmarks. However, certain dismal economic reports such as consumer confidence, pending home sales index and initial claims dented investor sentiment. In November, the Dow gained 2.5%. Benchmarks finished in positive territory in November as upbeat earnings results from retailers and US midterm election results improved investor confidence. Moreover, encouraging deal news and easing global growth worries also boosted benchmarks. However, decline in oil prices throughout the month affected energy shares. The Republicans notched a strong win in the midterm elections over the Democrats, securing a majority in both chambers of Congress for the first time since 2006. Investors cheered the results. The DowThisWeek The Dow lost 0.3% on Monday, beginning December on a dismal note as discouraging domestic as well as overseas economic data dented investor sentiment. Moreover, decline in sales during Thanksgiving weekend also dragged down retail shares on Monday. However, rebound in oil prices boosted energy shares. ISM Manufacturing Index declined slightly in November to 58.7, compared to 59 in October. Moreover, financial data company Markit reported that its U.S. Manufacturing Purchasing Managers Index (PMI) declined to 54.8 in November from 55.9 in October. Separately, it was reported that official purchasing managers' index (PMI) in China declined 0.5 point to 50.3 in November from 50.8 in October. Also, the final HSBC/Markit manufacturing PMI decreased to 50 in November from 50.4 in October, reaching its lowest level in the last six months. Moreover, final reading of Markit's November manufacturing PMI for the Eurozone was disappointing. Markit reported that the index declined to 50.1 in November, its lowest level since Jun 2013. Additionally, the National Retail Federation (NRF) reported on Monday that retail sales declined at an annual pace of 11% to $50.9 billion during the Thanksgiving weekend, registering its second consecutive annual decline. Stocks ended in the green as healthcare and energy shares rallied on Tuesday to post solid gains. Moreover, merger and acquisition news involving Japan based Otsuka Pharmaceuticals and Avanir Pharmaceuticals, Inc. ( AVNR ), and Cypress Semiconductor Corp. ( CY ) and Spansion Inc. ( CODE ) also boosted investor confidence. The blue-chip index gained 0.6%. Additionally, encouraging reports of domestic vehicle sales and construction spending had positive impact on benchmarks. Autodata Corp. reported on Tuesday that domestic sales increased at 4.6% rate in November from the year ago level to 1.3 million. It was also reported that annualized sales rate in November increased to around 17.2 million vehicles from October's sales figure of 16.5 million. This was also the strongest rate in this month since 2003. Meanwhile, construction spending rose 1.1% in October to $971.0 billion from September's tally of $960.3 billion, significantly beating the consensus estimate of 0.6% gain. This was also the highest pace since May. The Dow gained 0.2% on Wednesday, boosted by strong service sector numbers and modestly impressive job data. Moreover, rally in energy shares following rebound in oil prices and solid gains in materials stocks also boosted investor confidence. The blue-chip index reached its 33rd record high this year. ISM Services Index increased to 59.3 in November from October's reading of 57.1, beating the consensus estimate of 57.5. Separately, Automatic Data Processing, Inc. ( ADP ) reported that private sector added 208,000 jobs in November, registering the eighth straight month of job gains in excess of 200,000. However, the tally came in below October's and September's numbers of 233,000 and 213,000, respectively. Stocks ended slightly lower on Thursday after the European Central Bank failed to provide solid clues about further monetary stimulus. Investors were also cautious ahead of Friday's nonfarm employment report. However, encouraging jobless claims report limited some of the losses. The Dow declined nearly 0.1%. ECB President Mario Draghi indicated that the ECB may consider additional monetary stimulus in the Eurozone to revive the economy. However, he also added that monetary expansion may be provided by early 2015. However, positive initial claims data helped benchmarks avoid further losses on Thursday. Jobless claims for the week ending Nov 29 came in at 297,000, declining from earlier week's number of 314,000. But the tally remained above the consensus estimate of 288,000. ComponentsMovingthe Index The Boeing Company ( BA ) has received a $59 million modification contract from the U.S. Department of Defense (\""DoD\""). Per the contract, Boeing will continue to provide sustainment, programmed depot maintenance, modification and other related support services for the E-4B platform. The contract work, which is expected to be over by May 2015, will be done in Oklahoma. The contracting activity is the Air Force Life Cycle Management Center, Tinker Air Force Base, OK. Boeing has received a confirmation from Ryanair, ( RYAAY ) the European low-cost carrier to supply 100 units of 737 MAX 200 for $11 billion at list prices. The order was first announced in Sep 2014. It includes options for another 100 737 MAX 200 jets. With this order, Ryanair will become the launch customer for Boeing's 737 MAX 200. Chevron Corp. ( CVX ) declared the commencement of first oil and natural gas production from the Jack/St. Malo project located in deepwater U.S. Gulf of Mexico (GoM). This follows the company's Nov 17 announcement of first oil from its Tubular Bells Project, also located in the GoM. The Jack and St. Malo fields - among the largest in the region - are located at a water depth of roughly 7,000 feet in the Walker Ridge area, south of New Orleans, LA. The fields have the potential to reach production levels of 94,000 barrels of crude oil (bbl) and 21 million cubic feet of natural gas (Mmcfe) per day in due course. The fields have an estimated production life of over 30 years and are likely to yield over 500 million oil-equivalent barrels with the available technology. Chevron added that with the production from this project, it has moved a few steps ahead in achieving its target of 3.1 million barrels per day output by 2017. UnitedHealth Group Inc. ( UNH ) gave a detailed guidance on Dec 2 for 2014 and 2015. For 2014, the insurer expects revenues of $130.0 billion which is 6.1% higher than the actual revenue of $122.5 billion reported in 2013. Top-line growth is expected to come primarily from the Optum segment, with a likely 24% revenue growth compared with 5% revenue growth in UnitedHealthcare segment. Bottom line for the UnitedHealthcare segment is expected to decline by 14%, compared to an increase of 30% at Optum, which will lead to overall earning increase of just 2-3% year over year, to 5.60-$5.65 per share from reported earnings of $5.50 per share in 2013. For 2015, the company expects to generate revenues in the range of $140.5 billion to $141.5 billion and earnings per share of $6.00-$6.25. The Zacks Consensus Estimate for 2015 is $6.14 per share. The adverse impact of ACA will subdue to some extent and will not hamper earnings growth. However, ACA-related costs will increase operating cost ratio. The company expects operating cash flow in the range of $8.0-$8.4 billion. IBM Corp. ( IBM ) recently entered into a seven-year deal with the world's largest advertising firm, WPP, for a whopping $1.25 billion. Per the deal, WPP will offer new digital services that will be run and managed within a global hybrid cloud infrastructure provided by IBM. It is expected that this outsourcing deal will lead to a recurring revenue stream for IBM for the next several years. Intel Corp. ( INTC ) has acquired a Montreal-based password management startup called PasswordBox to strengthen its security division. PasswordBox will be integrated with Intel Security. Financial terms of the deal were not disclosed. Intel acquired McAfee in 2011 and since then security software has become a vital component of its business. Recently, it rebranded its security division as Intel Security. Intel Security intends to use PasswordBox's one-click login system for mobile devices and browsers to lessen what it refers to as \""password fatigue.\"" Intel's acquisition of PasswordBox is effective right away and all 48 employees of the start-up will join the Intel Security Group. In another development, according to a report in the Wall Street Journal , Intel's chips will replace the ones from Texas Instruments ( TXN ) in the new version of Google ( GOOGL ) Glass to launch in 2015. Intel will sell the device to hospitals and other workplaces, according to the WSJ. Performance of the Top 10 Dow Companies The table given below shows the price movements of the 10 largest components of the Dow, which is a price-weighted index, over the last five days and during the last six months. Over the last five trading days, the Dow has gained 0.4%. Next Week's Outlook Stocks have experienced a mixed week, guided by both domestic and foreign economic data. While domestic data has been somewhat positive in nature, the foreign economic situation has been a cause for concern. Data from both the Eurozone and China has been dismal. Meanwhile, the ECB has failed to provide a clear indication about further monetary stimulus. However, oil prices have moved upward, leading to resurgence in energy shares. Next week features data on retail sales, wholesale and business inventories and PPI. Given the current bullish mood of the markets, any positive indications on this front will help stocks move upward. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CHEVRON CORP (CVX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report RYANAIR HLDGS (RYAAY): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report TEXAS INSTRS (TXN): Free Stock Analysis Report UNITEDHEALTH GP (UNH): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report CYPRESS SEMICON (CY): Free Stock Analysis Report AVANIR PHARM (AVNR): Free Stock Analysis Report SPANSION INC (CODE): Free Stock Analysis Report GOOGLE INC-CL A (GOOGL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: Stifel Downgrades Automatic Data Processing As Risk/Reward Comes Into Balance"", ""Stifel Nicolaus Downgrades Automatic Data Processing, Inc. to Hold, Removes $83.00 PT""]" ADP,2014-12-08,71.3702,71.9175,71.1147,71.5635, ADP,2014-12-09,71.2213,71.5309,70.5368,71.2804,"[""ADP AdvancedMD Appoints Arman Samani As CTO"", ""ADP AdvancedMD Appoints Arman Samani As CTO"", ""Quality Systems, Inc. (QSII) Ex-Dividend Date Scheduled for December 10, 2014 Quality Systems, Inc. ( QSII ) will begin trading ex-dividend on December 10, 2014. A cash dividend payment of $0.175 per share is scheduled to be paid on January 02, 2015. Shareholders who purchased QSII stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 13th quarter that QSII has paid the same dividend. At the current stock price of $14.72, the dividend yield is 4.76%. The previous trading day's last sale of QSII was $14.72, representing a -34.05% decrease from the 52 week high of $22.32 and a 13.14% increase over the 52 week low of $13.01. QSII is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). QSII's current earnings per share, an indicator of a company's profitability, is $.04. Zacks Investment Research reports QSII's forecasted earnings growth in 2015 as -25.37%, compared to an industry average of 5.1%. For more information on the declaration, record and payment dates, visit the QSII Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to QSII through an Exchange Traded Fund [ETF]? The following ETF(s) have QSII as a top-10 holding: PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 7.84% over the last 100 days. It also has the highest percent weighting of QSII at 2.71%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP AdvancedMD Appoints Arman Samani As CTO""]" ADP,2014-12-10,71.1137,71.9353,70.6265,70.7509, ADP,2014-12-11,71.9274,71.9599,71.0004,71.1434, ADP,2014-12-12,70.1956,71.1868,69.379,69.379,"Shareholder Friendly Moves Push Insperity to a Strong Buy - Analyst Blog On Dec 12, Zacks Investment Research upgraded Insperity Inc. ( NSP ) to a Zacks Rank #1 (Strong Buy). Why the Upgrade? The current optimism surrounding the stock can be attributed, to some extent, to the company's recently (Dec 1) announced special cash dividend of $2 per share to be paid on Dec 26 to shareholders of record as of Dec 15. This disbursement comes in addition to the quarterly dividend payment of 19 cents per share announced on Nov 14. Such rewards are likely to boost investors' confidence in the stock. We believe that the company's sound financial position motivates it to undertake shareholder-friendly moves. Insperity ended the third quarter of 2014 with cash and marketable securities of $225.4 million versus $212.3 million in the prior quarter. Moreover, the company did not carry any long-term debt. Further, Insperity posted better-than-expected third-quarter results on Nov 3. The company recorded earnings per share of 33 cents, which beat the Zacks Consensus Estimate of 23 cents. Revenues grew 3.8% year over year to $560.3 million. The year-over-year improvement was attributed to higher average paid worksite employees (up 1.8%) and higher revenues per worksite employee (up 2%). Over the last 60 days, all five estimates for the current fiscal moved up, raising the Zacks Consensus Estimate by 8.9% to $1.10. Also, 3 out of 5 estimates for fiscal 2015 were raised, translating into 2.3% rise in the Zacks Consensus Estimate to $1.31 over the same period of time. Insperity provides human resources as well as business solutions to small and medium-sized businesses to help them perform better. We believe management's initiatives to expand the number of Business Performance Advisors and implement a healthcare reform strategy will be beneficial over the long run. Moreover, the company's software-as-a-service and other adjacent business services are gaining traction, which are expected to improve the 2014 results. A debt-free balance sheet, share repurchases and dividend payouts are other positives, but rising expenses and competition from Automatic Data Processing Inc. ( ADP ) and Paychex Inc. ( PAYX ) remain headwinds. Currently, Insperity has a Zacks Rank #3 (Hold). Investors can also consider Cross Country Healthcare, Inc. ( CCRN ) sporting a Zacks Rank #1 (Strong Buy) and is worth buying. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report CROSS COUNTRY (CCRN): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-12-15,69.6414,70.1532,68.9904,69.6167, ADP,2014-12-16,69.6078,70.6975,69.3218,69.7233,"Computer Task Group, Incorporated (CTG) Ex-Dividend Date Scheduled for December 17, 2014 Computer Task Group, Incorporated ( CTG ) will begin trading ex-dividend on December 17, 2014. A cash dividend payment of $0.06 per share is scheduled to be paid on January 02, 2015. Shareholders who purchased CTG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CTG has paid the same dividend. At the current stock price of $8.47, the dividend yield is 2.83%. The previous trading day's last sale of CTG was $8.47, representing a -55.83% decrease from the 52 week high of $19.18 and a 3.93% increase over the 52 week low of $8.15. CTG is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CTG's current earnings per share, an indicator of a company's profitability, is $.78. Zacks Investment Research reports CTG's forecasted earnings growth in 2014 as -20.65%, compared to an industry average of 8.3%. For more information on the declaration, record and payment dates, visit the CTG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-12-17,69.4815,71.3622,69.4815,71.2183, ADP,2014-12-18,72.2153,72.2706,71.5052,72.0546, ADP,2014-12-19,71.8603,72.4461,71.1956,71.238,"[""Notable ETF Outflow Detected - XLK, MA, ADP, MU Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Technology Select Sector SPDR Fund (Symbol: XLK) where we have detected an approximate $148.3 million dollar outflow -- that's a 1.1% decrease week over week (from 326,505,897 to 322,955,897). Among the largest underlying components of XLK, in trading today MasterCard Inc (Symbol: MA) is up about 0.1%, Automatic Data Processing Inc. (Symbol: ADP) is down about 0.3%, and Micron Technology Inc. (Symbol: MU) is up by about 0.2%. For a complete list of holdings, visit the XLK Holdings page \u00bb The chart below shows the one year price performance of XLK, versus its 200 day moving average: Looking at the chart above, XLK's low point in its 52 week range is $33.92 per share, with $42.58 as the 52 week high point - that compares with a last trade of $41.73. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex Q2 Earnings Beat Estimates, Reaffirms FY15 Outlook - Analyst Blog Paychex Inc. ( PAYX ) reported better-than-expected second-quarter fiscal 2015 results wherein the top and bottom-line figures surpassed the Zacks Consensus Estimate while improving year over year. The company's quarterly earnings of 47 cents per share beat the Zacks Consensus Estimate by a penny and increased 9.3% from the year-ago quarter mainly driven by improved top-line performance. Quarter Details Paychex reported total revenue (including Interest on funds held for clients) of $676.3 million increased 10% from the year-ago period and beat the Zacks Consensus Estimate of $674 million. Excluding interest on funds held for clients, total services revenue (Payroll service and Human Resource Services) also grew 10% from the year-ago quarter to $665.9 million. Payroll Service segment revenues went up 4% from the year-ago period to $411.2 million, primarily driven by higher revenue per check and client base. Human Resource Services segment revenues increased 21% year over year to $254.7 million mainly driven a new product offering within the company's professional employer organization. Apart from this, a strong growth in client base and worksite employees, increased revenues from retirement and online HR administration services aided to the segment's revenue growth. Interest on funds held for clients was up 4% on a year-over-year basis to $10.4 million primarily benefited from a rise of 4% in average investment balances owing to increase in client base and wage inflation. Paychex's total expenses increased 10% from the year-ago quarter to $406.1 million of which 6% is attributable to rise in compensation-related expenses and 4% due to costs associated with the company's new minimum premium plan health insurance offering within its professional employer organization. Total expenses, as a percentage of total revenue, increased 30 basis points (bps) on a year-over-year basis to 60%. Paychex reported operating income of $270.2 million, up 9% from the year-ago period, attributable to a higher revenue base. Operating margin decreased to 40% from 40.3% in the year-ago quarter, primarily due to higher operating expenses. Excluding interest on funds held for clients, Paychex's operating income came in at $259.8 million or 38.4% of total services revenue compared with $238.6 million or 38.7% of total services revenue in the year-ago period. Net income came in at $173 million or 47 cents, which improved from $158.7 million or 43 cents reported in the year-ago quarter. Balance Sheet & Cash Flow Paychex exited the quarter with cash and cash equivalents of $140.4 million compared with $152.5 million at the end of fiscal 2014. Corporate investments were $388.6 million versus $398.7 million at the end of fiscal 2014. The company has no long-term debt. The company generated operating cash flow of $404.7 million in the first half of fiscal 2015. During the first six months of fiscal 2015, Paychex repurchased 1.3 million shares for approximately $52.5 million and paid a dividend of $276.2 million. Guidance The company maintained its fiscal 2015 guidance provided in Jun 2014. Management expects 3-5% increase in Payroll Service revenues from the year-ago period. Human Resource Services revenues are expected to increase in the range of 16-19%. Total service revenue is expected to increase in the range of 8-10%. Interest on funds held for clients and investment income for fiscal 2015 are expected to remain flat, primarily affected by low interest rate. Net income for fiscal 2015 is expected in the range of 6-8%. Net operating income as a percentage of service revenues is expected in the range of 37% to 38% for fiscal 2015. The effective income tax rate for fiscal 2015 is expected to be same as the fiscal 2014 guidance (36-37%). Our Take Paychex reported better-than-expected first-quarter results. Moreover, both revenues and earnings increased on a year-over-year basis, primarily boosted by growth across all its segments. The company reiterated its fiscal 2015 outlook, which signifies that it is relatively well-placed amid the current macroeconomic sluggishness. Moreover, we remain encouraged by the company's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives such as joint ventures and acquisitions support its long-term growth strategy. Product launches are expected to provide additional support. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide the company with opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ( ADP ) and Insperity ( NSP ) remain the headwinds for the company. Currently, Paychex has a Zacks Rank #3 (Buy). A better-ranked stock in the outsourcing industry which investors may consider is Sykes Enterprises Inc. ( SYKE ), sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PAYCHEX INC (PAYX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report SYKES ENTRP INC (SYKE): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-12-22,71.2469,72.0891,71.1522,72.0724,"Convergys Corporation (CVG) Ex-Dividend Date Scheduled for December 23, 2014 Convergys Corporation ( CVG ) will begin trading ex-dividend on December 23, 2014. A cash dividend payment of $0.07 per share is scheduled to be paid on January 09, 2015. Shareholders who purchased CVG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CVG has paid the same dividend. At the current stock price of $20.36, the dividend yield is 1.38%. The previous trading day's last sale of CVG was $20.36, representing a -16.66% decrease from the 52 week high of $24.43 and a 17.28% increase over the 52 week low of $17.36. CVG is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CVG's current earnings per share, an indicator of a company's profitability, is $.9. Zacks Investment Research reports CVG's forecasted earnings growth in 2014 as 42.06%, compared to an industry average of 2.5%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-12-23,72.5822,72.7173,71.601,71.6256, ADP,2014-12-24,71.592,71.9915,71.5052,71.6829, ADP,2014-12-26,71.9599,72.2489,71.592,71.6473,"[""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for December 29, 2014 Pegasystems Inc. ( PEGA ) will begin trading ex-dividend on December 29, 2014. A cash dividend payment of $0.03 per share is scheduled to be paid on January 15, 2015. Shareholders who purchased PEGA stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that PEGA has paid the same dividend. At the current stock price of $21.55, the dividend yield is .56%. The previous trading day's last sale of PEGA was $21.55, representing a -14.19% decrease from the 52 week high of $25.12 and a 38.94% increase over the 52 week low of $15.51. PEGA is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). PEGA's current earnings per share, an indicator of a company's profitability, is $.36. Zacks Investment Research reports PEGA's forecasted earnings growth in 2014 as -12.4%, compared to an industry average of 5%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Advent Software, Inc. (ADVS) Ex-Dividend Date Scheduled for December 29, 2014 Advent Software, Inc. ( ADVS ) will begin trading ex-dividend on December 29, 2014. A cash dividend payment of $0.13 per share is scheduled to be paid on January 15, 2015. Shareholders who purchased ADVS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ADVS has paid the same dividend. At the current stock price of $31.42, the dividend yield is 1.65%. The previous trading day's last sale of ADVS was $31.42, representing a -12.06% decrease from the 52 week high of $35.73 and a 23.6% increase over the 52 week low of $25.42. ADVS is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). ADVS's current earnings per share, an indicator of a company's profitability, is $.86. Zacks Investment Research reports ADVS's forecasted earnings growth in 2014 as 36.71%, compared to an industry average of 5%. For more information on the declaration, record and payment dates, visit the ADVS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ADVS through an Exchange Traded Fund [ETF]? The following ETF(s) have ADVS as a top-10 holding: SPDR S&P Software & Services ETF ( XSW ) RevenueShares Mid Cap ( RWK ). The top-performing ETF of this group is XSW with an increase of 11.26% over the last 100 days. It also has the highest percent weighting of ADVS at 0.61%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Amdocs Limited (DOX) Ex-Dividend Date Scheduled for December 29, 2014 Amdocs Limited ( DOX ) will begin trading ex-dividend on December 29, 2014. A cash dividend payment of $0.155 per share is scheduled to be paid on January 16, 2015. Shareholders who purchased DOX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DOX has paid the same dividend. At the current stock price of $47.53, the dividend yield is 1.3%. The previous trading day's last sale of DOX was $47.53, representing a -2.98% decrease from the 52 week high of $48.99 and a 17.74% increase over the 52 week low of $40.37. DOX is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). DOX's current earnings per share, an indicator of a company's profitability, is $2.62. Zacks Investment Research reports DOX's forecasted earnings growth in 2015 as 5.37%, compared to an industry average of 6.2%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: Market Vectors Israel ETF ( ISRA ). The top-performing ETF of this group is ISRA with an decrease of -4.61% over the last 100 days. It also has the highest percent weighting of DOX at 4.77%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2014-12-29,71.4965,71.6829,71.3308,71.3712,"Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for December 30, 2014 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on December 30, 2014. A cash dividend payment of $0.08 per share is scheduled to be paid on January 22, 2015. Shareholders who purchased TYPE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that TYPE has paid the same dividend. At the current stock price of $28.44, the dividend yield is 1.13%. The previous trading day's last sale of TYPE was $28.44, representing a -14.47% decrease from the 52 week high of $33.25 and a 20.92% increase over the 52 week low of $23.52. TYPE is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). TYPE's current earnings per share, an indicator of a company's profitability, is $.77. Zacks Investment Research reports TYPE's forecasted earnings growth in 2014 as -4.17%, compared to an industry average of 5%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2014-12-30,71.2637,71.4057,70.6502,70.7331, ADP,2014-12-31,70.9619,71.3712,70.1039,70.1108, ADP,2015-01-02,69.7854,70.7952,69.3957,70.0417, ADP,2015-01-05,70.0102,71.0082,69.7567,69.9924,"[""Weekly Insider Sells Highlight: ADP, KMX, SYK, DVA According to GuruFocus Insider Data , the largest insider sells during the past week were: Automatic Data Processing, CarMax Inc, Stryker Corporation, and DaVita Healthcare Partners Inc. The overall trend of insiders is illustrated in the chart below: Automatic Data Processing ( ADP ): Corporate Vice President Edward B Flynn sold 59,590 Shares Corporate Vice President Edward B Flynn sold 59,590 shares of ADP stock on 01/02/2015 at the average price of $83.48. Edward B Flynn owns at least 32,479 shares after this. The price of the stock has decreased by 0.3% since. Warren Buffett Recent Buys Automatic Data Processing was incorporated in Delaware in June 1961. The company has a market cap of $40.16 billion; its shares were traded at around $83.23 with a P/E ratio of 27.10 and P/S ratio of 3.40. The dividend yield of Automatic Data Processing stocks is 2.30%. Automatic Data Processing had an annual average earnings growth of 6.80% over the past 10 years. GuruFocus rated Automatic Data Processing the business predictability rank of 4-star . ADP reported total revenues from continuing operations of $2.6 billion for its fiscal first quarter 2015, which was up 9% compared to the prior year period. Diluted EPS for the quarter increased 13% year-over-year to $0.62. Corporate Vice President Anish D Rajparia sold 18,202 shares of ADP stock on 01/02/2015 at the average price of $82.98. Corporate Vice Presidents Jan Siegmund and Alan Sheiness both also sold shares of ADP stock on 01/02/2015. CarMax Inc ( KMX ): EVP & CFO Thomas W Jr Reedy sold 64,894 Shares EVP & CFO Thomas W Jr Reedy sold 64,894 shares of KMX stock on 01/02/2015 at the average price of $66.1. Thomas W Jr Reedy owns at least 39,522 shares after this. The price of the stock has decreased by 2.3% since. CarMax Inc was incorporated under the laws of the Commonwealth of Virginia in 1996. Carmax Inc has a market cap of $13.93 billion; its shares were traded at around $64.58 with a P/E ratio of 25.90 and P/S ratio of 1.10. CarMax Inc had an annual average earnings growth of 17.70% over the past 10 years. The company has released its third quarter results ended November 30, 2014. During this quarter, net sales and operating revenues increased 15.8% to $3.41 billion, allowing net earnings growth of 22.2% to $130 million. Net diluted EPS for the quarter rose 27.7% to $0.60. President & CEO Thomas J Folliard sold 209,951 shares of KMX stock on 12/23/2014 at the average price of $67.79. Multiple other insiders also sold shares of stock on 12/23/2014. Stryker Corporation ( SYK ): Director Ronda E Stryker sold 42,000 Shares Director of Stryker Corporation ( SYK ) Ronda E Stryker sold 42,000 shares during the past week at an average price of $92.54. Stryker Corporation was incorporated in Michigan in 1946 as the successor company to a business founded in 1941. The company has a market cap of $35.14 billion; its shares were traded at around $92.54 with a P/E ratio of 55.10 and P/S ratio of 3.80. The dividend yield of Stryker Corporation stocks is 1.30%. Stryker Corporation had an annual average earnings growth of 7.70% over the past 10 years. Stryker reported third quarter 2014 net sales growth of 11.1% to $2.4 billion and adjusted diluted EPS growth of 10.6% to $1.15. V.P., Strategy & Investor Rel. Katherine Ann Owen sold 30,000 shares of SYK stock on 12/22/2014 at the average price of $94.84. DaVita HealthCare Partners Inc ( DVA ): Co-Chairman of the Board Robert J Margolis sold 31,400 Shares Co-Chairman of the Board of DaVita HealthCare Partners Inc ( DVA ) Robert J Margolis sold 31,400 shares on 12/30/2014 at an average price of $74.70. Davita HealthCare Partners Inc has a market cap of $16.03 billion; its shares were traded at around $74.70 with a P/E ratio of 22.10 and P/S ratio of 1.30. It had an annual average earnings growth of 15.50% over the past 10 years. GuruFocus rated Davita HealthCare Partners Inc the business predictability rank of 4-star. For its third quarter of 2014, DaVita HealthCare Partners Inc reported adjusted income from continuing operations of $194.5 million, or $0.90 per share, which compares to income of $211.0 million, or $0.98 per share in the same period of 2013. For the complete list of stocks that bought/sold by their company executives, go to: Insider Buys. About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wall Street Eyes Key Economic Data This Week U.S. stock futures edged lower Monday, as falling oil prices continued to weigh on the shares of energy companies. MarketWatch's Victor Reklaitis has the details. Photo: Getty""]" ADP,2015-01-06,70.0506,70.4194,68.9253,69.4116,"EPIQ Systems, Inc. (EPIQ) Ex-Dividend Date Scheduled for January 07, 2015 EPIQ Systems, Inc. ( EPIQ ) will begin trading ex-dividend on January 07, 2015. A cash dividend payment of $0.09 per share is scheduled to be paid on February 20, 2015. Shareholders who purchased EPIQ stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that EPIQ has paid the same dividend. The previous trading day's last sale of EPIQ was $16.26, representing a -18.5% decrease from the 52 week high of $19.95 and a 39.27% increase over the 52 week low of $11.68. EPIQ is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). EPIQ's current earnings per share, an indicator of a company's profitability, is -$.03. Zacks Investment Research reports EPIQ's forecasted earnings growth in 2014 as -95.68%, compared to an industry average of 5.8%. For more information on the declaration, record and payment dates, visit the EPIQ Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-01-07,69.1444,70.0704,68.7902,70.0181,"[""Credit Suisse Downgrades Automatic Data to Neutral, Maintains $82.00 PT"", ""UPDATE: Credit Suisse Downgrades Automatic Data Processing, Awaiting Better Entry Point"", ""Credit Suisse Downgrades Automatic Data Processing To Neutral"", ""Benzinga's Top Downgrades"", ""Benzinga's Top Downgrades"", ""Credit Suisse Downgrades Automatic Data Processing To Neutral"", ""UPDATE: Credit Suisse Downgrades Automatic Data Processing, Awaiting Better Entry Point"", ""Credit Suisse Downgrades Automatic Data to Neutral, Maintains $82.00 PT"", ""Another Strong Labor Market Read - Ahead of Wall Street Wednesday, January 7, 2015 Note: Mark Vickery will be writing this piece from January 8th through the 19th while I am way on work-related travel. Stocks appear on track to start today's session on a positive note, with another strong labor market reading reconfirming the improved U.S. economic picture. The weak inflation data out of Europe is helping sentiment as well, as it is interpreted as increasing the odds of monetary stimulus in that market. Minutes of the last Fed meeting coming out later this afternoon could potentially move markets as well. The ADP ( ADP ) read came in tad above estimates at 241K for December vs. estimates of about 235K, while the prior month's tally was revised higher. The 19K positive revision to November total takes that month's tally to 227K, still shy of that month's 321K read from the government's Bureau of Labor Statistics (BLS). This the 9th month running that the monthly tally on the ADP report has exceeded 200K. The consensus expectation for Friday's BLS report is for 'headline' gains of 245K, which includes government jobs that have been averaging in the 5K to 10K monthly level lately. As such, today's ADP report wouldn't have much bearing on current BLS estimates, though the two reports can divert in a big way from each other at times. This was particularly the case last month when the ADP report came shy of the BLS numbers in a big way and the gap didn't close despite the positive revision to that number in today's report. Today's ADP report showed broad-based gains: small businesses added 106K jobs, medium-sized businesses added 70K and large businesses added 66K. The goods-producing sector added 46K jobs in December, up from the 40K tally in November. The Construction industry added 23K jobs during the month compared to November's 20K tally, while manufacturing's 26K jobs for the month were meaningfully above the prior-month's 16K tally. The service sector added 194K in December, up from November's 187K, with professional and business services producing strong numbers. In terms of market impact, this report reconfirms what we have known for some time - that the U.S. economic growth is looking up even as the outlook for the rest of the world is coming down. The growth picture beyond the U.S. borders isn't looking very promising, as this morning's weak Euro-Zone inflation numbers show. Market participants expect that the persistently weak run of European data will prompt the European Central Bank to start implementing a more robust QE program of its own. The question that market participants have been grappling with lately is whether the U.S. growth picture can remain intact in such a weak global backdrop. We don't know the answer to that question yet, but today's market behavior suggests that investors will feel a lot more optimistic on that front once a European QE gets going. Sheraz Mian Director of Research Note: In order to get an email alert each time this author publishes a new article, click on the 'Follow Author' link at the bottom of the top-right box of links. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Technology Sector Update for 01/07/2015: ADP, TERP, SUNE Top Technology Stocks: MSFT: +0.94% AAPL: +0.65% IBM: +0.97% CSCO: +0.55% GOOG: +0.77% Technology shares were higher in pre-market trade Wednesday. Automatic Data Processing, Inc. ( ADP ), a provider of human capital management solutions, has been downgraded by analysts at Credit Suisse to a neutral rating from outperform. The firm set its price target on the stock at $82 a share. And, TerraForm Power ( TERP ), an owner and operator of clean energy power plants, has acquired 21 U.S. distributed generation ( DG ) solar power plants comprising 26 MW from SunEdison ( SUNE ),a renewable energy development company, through a series of transactions valued at $47 million. The 21 power plants are located in seven states and have long-term contracts with an average remaining life of 20 years. Shares of TERP are at $29.01 within a 52-week range of $21.58 - $34.74 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Benzinga's Top Downgrades"", ""Credit Suisse Downgrades Automatic Data Processing To Neutral"", ""UPDATE: Credit Suisse Downgrades Automatic Data Processing, Awaiting Better Entry Point"", ""Credit Suisse Downgrades Automatic Data to Neutral, Maintains $82.00 PT""]" ADP,2015-01-08,70.6078,71.6345,70.3366,71.6256, ADP,2015-01-09,71.5249,71.6414,70.7331,71.1137,"Dow 30 Stock Roundup: Pfizer Acquires Redvax, Microsoft Launches Affordable Internet-ready Phone - Analyst Blog The Dow started the week on a poor note before recovering considerably. The blue-chip index slumped on Monday with energy shares leading the decline due to another slump in oil prices . Benchmarks continued to suffer losses on Tuesday due to continued decline in oil prices. The Dow rebounded on Wednesday following a rebound in oil prices and better-than-expected private sector jobs report. The blue-chip index experienced its best day on Thursday since Dec 18, 2014. The Dow has gained 0.4% during the first four trading days. LastWeek's Performance Last Friday, stocks finished the first trading session of 2015 almost unchanged while investors received discouraging economic data. However, the Dow ended its three-straight session losing streak and closed with meager gains of around 0.1% on Friday. Indexes gave away their initial gains following a slowdown in U.S. manufacturing and construction spending. The ISM Manufacturing Index dropped 3.2 percentage points from November's reading of 58.7% to 55.5%. Separately, construction spending came in at $975 billion in November. This was 0.3% lower than the revised October estimate of $977.7 billion. Over the week, the Dow declined 1.3%. Meanwhile, benchmarks snapped a two-week winning streak and settled in the red for the holiday-shortened week. Benchmarks settled in the negative territory for the week as renewed political unrest in Greece continued to weigh on investor sentiment. Greece is expected to head to polls in early 2015 after the country's parliament rejected Prime Minister Antonis Samaras' preferred presidential candidate in a third and final vote on Monday. Disappointing economic reports on jobless claims and growth in business activity in 2014 too had a negative impact on investor sentiment. Separately, slump in oil prices weighed on energy shares on the last trading day of 2014. However, benchmarks finished in the green last month and for 2014, banking on overall positive economic scenario in the U.S. The DowThisWeek The Dow slumped 1.9% on Monday with energy shares leading the decline due to another slump in oil prices. This was the blue-chip index's largest one-day percentage decline since Oct 2014. The Dow also had its worst day since October, with just 2 out of its 30 components ending in positive territory. Rise in crude output from key producers including Russia and Iraq came in at a time when analysts have cut their demand outlook due to weak global economic scenario. While Russian oil output touched a post-Soviet era peak, Iraq's oil exports was at a 35-year high. Moreover, a rally in the greenback weighed on dollar-denominated commodities, dragging oil prices below the psychological level of $50 a barrel for the first time in more than five years. Meanwhile, investors remained concerned about the political uncertainty emanating from Greece. Benchmarks continued to suffer losses on Tuesday due to another slump in oil prices. Separately, fund manager Bill Gross' comments that 'many' asset classes will end this year with losses also weighed on investor sentiment. Further, data showing weaker-than-expected growth in the U.S. service sector and a drop in factory orders for four consecutive months weighed on investor sentiment. ISM Services Index decreased to 56.2% in December from November's reading of 59.3%. Separately, new orders for manufactured goods decreased 0.7% in November, following a similar decline in October. The Dow rebounded on Wednesday, gaining 1.2% following a rebound in oil prices and better-than-expected private sector jobs report. Oil prices snapped a four-day losing streak and ended higher on Wednesday. Oil prices made a comeback after the U.S. Energy Information Administration (EIA) reported that U.S. crude inventories dropped last week. The national employment report from Automatic Data Processing, Inc. (ADP) showed private sector hiring improved in December. Minutes of the Federal Open Market Committee noted that they ""would want to be reasonably confident that inflation will move back toward 2% over time."" Investors were also enthused over a possibility of additional stimulus measures in the Eurozone. A drop in Eurozone Consumer Price Index (CPI) increased pressure on the European Central Bank to begin quantitative easing program at its January meeting. Moreover, Germany's initiative to hold discussions with Greece's next government on issues related to the debt crisis eased concerns over a Greek exit from the European Union. The Dow experienced its best day on Thursday since Dec 18, 2014, gaining 1.8%. Benchmarks turned positive for the year on Thursday after investors welcomed firming up of oil prices and accommodative monetary stance by the Fed and ECB. The Federal Reserve Bank of Chicago President Charles Evans said Fed may not touch its target inflation rate of 2% until 2018. Further, he believes the central bank should not hike interest rates until next year. Additionally, ECB President Mario Draghi in a letter to European lawmakers said the apex bank will reassess its monetary-policy and may take necessary steps such as buying sovereign bonds to boost growth prospects in the Eurozone. ComponentsMovingthe Index Pfizer Inc. ( PFE ) announced that it has acquired a controlling interest in Redvax Gmbh, a spin-off from Swiss biopharma company Redbiotec AG. With this acquisition, Pfizer's vaccine pipeline will gain a preclinical human cytomegalovirus (CMV) vaccine candidate. While financial details of the agreement were not disclosed, Pfizer said that together with the vaccine candidate it has also bagged intellectual property and a technology platform related to a second, undisclosed vaccine program. With the addition of the CMV vaccine program, Pfizer will be one of the leaders in CMV research and development. CMV, a herpes virus, is estimated to infect about 50% - 90% of adults. Microsoft Corp. ( MSFT ) unveiled a new affordable Nokia ( NOK ) Internet-ready mobile phone called Nokia 215 for the entry-level market. The Nokia 215 will be priced at $29 pre-tax and will be available in the first quarter of 2015 in selected markets such as the Middle East, Africa, Asia and Europe. Microsoft hasn't announced any U.S. plans as of now. The latest move will help Microsoft broaden its footprint in the fast-growing entry-level mobile phone market. It will help the software maker target first-time mobile phone buyers globally. 3M Company ( MMM ) recently completed the divestiture of its Static Control business to Desco Industries, Inc. for an undisclosed amount. Desco is a global provider of Electrostatic Discharge (ESD) control products that are primarily used in the electronics production industry. 3M's Static Control business offers products and solutions that help prevent, detect and protect against ESD events. 3M's Static Control business has annual revenues of about $45 million globally. By divesting this business, 3M intends to concentrate more on its core operations. In another development, 3M announced the launch of its first Petrifilm Aerobic Count Plate, which uses a simple procedure to detect aerobic bacteria counts accurately and easily in just 24 hours for most food matrices. Chevron Corp. ( CVX ) has made another important oil discovery in the Gulf of Mexico (GoM). The deepwater find, at its Anchor prospect, is the second by the company in the region, within the span of a year. The discovery was made through Well No. 2 in the Green Canyon Block 807, which is located about 225 kilometers offshore Louisiana. The discovery well, spudded in Aug 2014, was drilled to a depth of 10,287 meters and found oil in multiple Lower Tertiary Wilcox Sands. Chevron added that the appraisal drilling of the well will commence this year. Chevron U.S.A. Inc., a subsidiary of Chevron, operates the Anchor prospect with a 55% working interest. Intel Corp. ( INTC ) unveiled its 14 nanometers (nm) Broadwell fifth-generation core processors at the Consumer Electronics Show (""CES"") 2015. Built on Intel's 14nm manufacturing process and Broadwell architecture, the new processors offer high performance, visuals and improved battery life. The Broadwell core processor reduces the size of the chips' transistors from 22 to 14 nm and has around 35% more transistors than the previous generation. This boosts graphics and system performance. IBM Corp. ( IBM ) recently opened a new data center in Frankfurt, Germany. This initiative is believed to be a part of IBM's $1.2 billion investment plan intended to extend the company's cloud footprint worldwide. This new data center is expected to improve application performance by lowering latency for local customers. This, in turn, will enable German companies and people to meet the stringent German and European data security and sovereignty laws. Johnson & Johnson ( JNJ ) announced that it has commenced a phase I study on a preventive Ebola vaccine, which is being developed by its subsidiary Janssen Pharmaceuticals. The study is of the first-in-human type and aims to evaluate the safety and tolerability of the Ebola vaccine regimen. This study will evaluate different regimens combining the vaccine components or placebo in 72 healthy adult volunteers. While the first set of volunteers has already received an initial dose of the vaccine, patient enrolment in this study is expected to be completed by the end of this month. Additionally, J&J has updated its projection regarding the production of Ebola vaccine regimens in 2015. The company said that a total of 2 million regimens will be available throughout 2015 with an added capacity of scaling up to 5 million over a 12- to 18-month period. JPMorgan Chase & Co. ( JPM ) has agreed to pay $100 million as settlement in response to a U.S. antitrust lawsuit filed in 2013 by investors against 12 major banks including JPMorgan for price manipulations in the foreign exchange (FX) market, as reported by Reuters. A letter filed with the US district court in Manhattan revealed the settlement between both the parties. However, the court's approval is still pending and the settlement papers are expected to be submitted in the court this month. Performance of the Top 10 Dow Companies The table given below shows the price movements of the 10 largest components of the Dow, which is a price weighted index, over the last five days and during the last six months. Over the last five trading days, the Dow has lost 0.9%. Next Week's Outlook Stocks have recovered considerably after a recovery in oil prices. Investor sentiment has also received a boost from statements made by the Fed and the ECB. Concerns that Greece might exit the Eurozone have also eased. Meanwhile, private sector data has indicated that the domestic employment situation has improved considerably. However, other domestic economic reports released recently have been disappointing in nature. This includes data on manufacturing, services, factory orders and the construction spending. Starting with government jobs data released today, several important economic reports are slated for release shortly. This includes reports on retail sales, inflation and industrial production among others. Any positive indications on this front will only help stocks mop up wider gains in the days ahead. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMORGAN CHASE (JPM): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report 3M CO (MMM): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report PFIZER INC (PFE): Free Stock Analysis Report NOKIA CP-ADR A (NOK): Free Stock Analysis Report JOHNSON & JOHNS (JNJ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-01-12,71.2637,71.5152,70.4797,70.7626,"[""SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) Ex-Dividend Date Scheduled for January 13, 2015 SCIENCE APPLICATIONS INTERNATIONAL CORPORATION ( SAIC ) will begin trading ex-dividend on January 13, 2015. A cash dividend payment of $0.28 per share is scheduled to be paid on January 30, 2015. Shareholders who purchased SAIC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that SAIC has paid the same dividend. The previous trading day's last sale of SAIC was $49.24, representing a -7.01% decrease from the 52 week high of $52.95 and a 44.65% increase over the 52 week low of $34.04. SAIC is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). SAIC's current earnings per share, an indicator of a company's profitability, is $2.82. Zacks Investment Research reports SAIC's forecasted earnings growth in 2015 as 25.44%, compared to an industry average of 8%. For more information on the declaration, record and payment dates, visit the SAIC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Leidos Holdings, Inc. (LDOS) Ex-Dividend Date Scheduled for January 13, 2015 Leidos Holdings, Inc. ( LDOS ) will begin trading ex-dividend on January 13, 2015. A cash dividend payment of $0.32 per share is scheduled to be paid on January 30, 2015. Shareholders who purchased LDOS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that LDOS has paid the same dividend. The previous trading day's last sale of LDOS was $42.37, representing a -12.08% decrease from the 52 week high of $48.19 and a 33.41% increase over the 52 week low of $31.76. LDOS is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). LDOS's current earnings per share, an indicator of a company's profitability, is -$4.47. Zacks Investment Research reports LDOS's forecasted earnings growth in 2015 as 48.59%, compared to an industry average of -8.2%. For more information on the declaration, record and payment dates, visit the LDOS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-01-13,71.3131,71.9027,70.0417,70.6265, ADP,2015-01-14,69.8652,70.6344,69.7764,70.4165, ADP,2015-01-15,70.6344,70.9283,70.0782,70.3899, ADP,2015-01-16,70.2686,71.1778,69.9352,71.1207, ADP,2015-01-20,71.3376,71.665,70.4648,71.456,"Wipro Limited (WIT) Ex-Dividend Date Scheduled for January 21, 2015 Wipro Limited ( WIT ) will begin trading ex-dividend on January 21, 2015. A cash dividend payment of $0.080813 per share Shareholders who purchased WIT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -1.27% decrease from the prior quarter. The previous trading day's last sale of WIT was $12.12, representing a -15.01% decrease from the 52 week high of $14.26 and a 11.6% increase over the 52 week low of $10.86. WIT is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). WIT's current earnings per share, an indicator of a company's profitability, is $.57. Zacks Investment Research reports WIT's forecasted earnings growth in 2015 as 7.92%, compared to an industry average of -7.1%. For more information on the declaration, record and payment dates, visit the WIT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-01-21,71.1137,71.6088,70.7232,71.1137,"Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for January 22, 2015 Simulations Plus, Inc. ( SLP ) will begin trading ex-dividend on January 22, 2015. A cash dividend payment of $0.05 per share is scheduled to be paid on February 02, 2015. Shareholders who purchased SLP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that SLP has paid the same dividend. The previous trading day's last sale of SLP was $6.58, representing a -7.97% decrease from the 52 week high of $7.15 and a 26.54% increase over the 52 week low of $5.20. SLP is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). SLP's current earnings per share, an indicator of a company's profitability, is $.17. Zacks Investment Research reports SLP's forecasted earnings growth in 2015 as 38.89%, compared to an industry average of 6.2%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-01-22,71.4806,72.9865,70.6414,72.8357,"Daily Dividend Report: MWE, ALK, GM, ADP, AEP, BHI, BRO MarkWest Energy Partners ( MWE ) declared a cash distribution of $0.90 per common unit for the fourth quarter of 2014, for an implied annual rate of $3.60 per common unit. The fourth quarter 2014 distribution represents an increase of $0.04 per common unit, or 4.7 percent, compared to the fourth quarter 2013 distribution and an increase of $0.01 per common unit, or 1.1 percent, compared to the third quarter 2014 distribution. The fourth quarter 2014 distribution is payable February 13, 2015, to unitholders of record on February 5, 2015. The ex-dividend date is February 3, 2015. Alaska Air Group ( ALK ) declared a $0.20 per share dividend, up 60% from the prior quarter. The dividend will be paid on March 10, to shareholders of record as of February 24, 2015. General Motors ( GM ) Board of Directors declared a first quarter 2015 dividend of 30 cents per share on its common stock. The dividend is payable Tuesday, March 24, 2015 to all common stockholders of record as of Wednesday, March 11, 2015. Automatic Data Processing ( ADP ) has declared a regular quarterly dividend of 49 cents per share payable April 1, 2015 to shareholders of record on March 13, 2015. American Electric Power ( AEP ) declared a regular quarterly cash dividend of 53 cents a share on the company's common stock. The dividend is payable March 10, 2015, to shareholders of record as of Feb. 10, 2015, and is the company's 419th consecutive quarterly common stock cash dividend. Baker Hughes (BHI) declared the regular quarterly cash dividend of $0.17 per share of common stock payable March 25, 2015, to holders of record on March 4, 2015. And, Brown & Brown (BRO) has declared a regular quarterly cash dividend of $0.11 per share. The dividend is payable on February 18, 2015 to shareholders of record on February 4, 2015. VIDEO: Daily Dividend Report: MWE, ALK, GM, ADP, AEP, BHI, BRO The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-01-23,72.8445,73.3141,72.6512,73.0369, ADP,2015-01-26,72.599,73.0733,71.8948,72.8031, ADP,2015-01-27,72.0822,72.6957,71.2971,72.0122, ADP,2015-01-28,72.2055,72.5743,71.0279,71.0861,"[""3 Stocks to Buy if the Fed Raises Rates in 2015 Source: Travelers. Insurance companies generally hold fixed-income securities as investments in order to generate income on the float that they hold. In other words, when Travelers collects premiums from policyholders, there's a lag before the company has to pay out on any losses arising from those insurance policies. Travelers can use the resulting investment income to help it pay claims and boost its profits. Yet when interest rates are low, the investments that Travelers makes don't pay as much income, and so it can't profit as much from its float. When rates rise, so too will the income that Travelers earns on its investment portfolio. Travelers has also enjoyed unusually low losses in recent years, as the industry environment after Hurricane Sandy allowed insurance companies to raise premiums even as storm activity fell dramatically. Travelers won't avoid losses forever, but higher rates could help it weather any financial storms a lot more easily. Matt Frankel Banks with strong lending operations can benefit from a rising-rate environment, and one of my favorites is Wells Fargo , which is the nation's top mortgage lender and doesn't rely on some of the \""risky\"" revenue streams that other banks depend on. In fact, Wells Fargo's business model looks more like a traditional savings and loan than one of the biggest financial institutions in the country. In other words, the bank is much more focused on activities such as community banking and not on investment banking and trading, unlike most of its similarly-sized peers. Additionally, Wells Fargo has better asset quality than many of its peers thanks to its generally conservative lending strategies, and it keeps getting even better. The bank has a net charge-off rate (bad debt) of just 0.34% ( Bank of America 's is 0.40% by comparison), and the dollar amount of charge-offs is down 18% from just a year ago. Banks benefit from rising rates in several ways, but one big reason banks with large lending operations like Wells Fargo will do well as rates rise is that the spread between the amount of interest they have to pay depositors tends to widen as rates rise. Just as one example, consider that the current average 30-year mortgage rate is 3.66%, and the average savings account interest rate is just 0.06%, according to FDIC data. So, if you deposit money and the bank lends it out, the bank's profit is the 3.6% difference between those two rates. Typically, as mortgage interest rates rise, banks are able to reap bigger profits as the difference increases. Of course, this is a simplified example, but if you agree with the experts who say rates will finally begin to rise this year, it may be a good time to take a look at Wells Fargo for your portfolio. Sean Williams Following robust dividend growth of 5% in the third quarter, the Federal Reserve certainly has enough reasons on the table to consider cooling down the economy with a short-term rate hike before things get out of hand. If an interest rate hike were to happen as many economists have predicted in 2015, Automatic Data Processing , or ADP, is a company I'd consider a strong buy. Why ADP? Source: Flickr user John Lambert Pearson. First, the Federal Reserve would only raise its federal funds target for one reason: It believes the U.S. economy is capable of standing on its own two feet once again. If the economy has improved, then it's likely that the job market is going to remain healthy as well. More jobs being created means more payroll service dollars for ADP, the largest payroll processing company. More importantly, higher interest rates could mean millions more in interest income for payroll processors like ADP. Payroll processors receive funds from clients and often hold these funds for a few days before cutting employees a check. This hold time allows payroll processors like ADP to earn interest on the cash floating in its account. Best of all, ADP doesn't have to return this earned interest to its clients or the employees. As you might imagine, lower interest rates have squashed its interest-earning ability on this float. However, in 2008 ADP earned nearly $700 million this way, which would equal about $1.45 in extra earnings per share per year if rates returned to those early 2008 levels. The $60K Social Security bonus most retirees completely overlook If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known \""Social Security secrets\"" could ensure a boost in your retirement income of as much as $60,000. In fact, one MarketWatch reporter argues that if more Americans used them, the government would have to shell out an extra $10 billion\u2026 every year! And once you learn how to take advantage of these loopholes, you could retire confidently with the peace of mind we're all after. Simply click here to receive your free copy of our new report that details how you can take advantage of these strategies. The article 3 Stocks to Buy if the Fed Raises Rates in 2015 originally appeared on Fool.com. Neither Dan Caplinger nor Matt Frankel have any material interest in any of the companies mentioned in this article. Sean Williams owns shares of Bank of America.The Motley Fool owns shares of, and recommends Wells Fargo. It also recommends Automatic Data Processing and owns shares of Bank of America. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Will Computer Sciences (CSC) Beat Q3 Earnings Estimates? - Analyst Blog Computer Sciences Corporation ( CSC ) is expected to report third-quarter fiscal 2015 results on Jan 29. Last quarter, the company posted a positive earnings surprise of 16.83%. Moreover, Computer Sciences has outperformed the Zacks Consensus Estimate in all the four trailing quarters with an average positive surprise of 12.58%. Let's see how things are shaping up for this announcement. Why a Likely Positive Surprise? Our proven model shows that Computer Sciences is likely to beat earnings estimates because it has the right combination of two key ingredients. Zacks ESP: Computer Sciences currently has an Earnings ESP of +0.89%. This is because the Most Accurate estimate of $1.13 per share is pegged higher than the Zacks Consensus Estimate of $1.12. Zacks Rank: Computer Sciences carries a Zacks Rank #3 (Hold). Note that stocks with a Zacks Rank #1, 2 or 3 have a significantly higher chance of beating earnings estimates. Conversely, the Sell-rated stocks (#4 and 5) should never be considered going into an earnings announcement. The combination of Computer Sciences' Zacks Rank #3 and Earnings ESP of +2.94% make us confident of a positive earnings beat. What is Driving the Better-than-Expected Earnings? Computer Sciences Corporation is one of the leading players in the information technology services industry. We believe the company's adoption of a cloud-based model and re-engagement of the sales force will drive growth. Moreover, cost rationalization initiatives will have a positive impact on the fourth-quarter margins, in our view. The company's traction in the cloud cyber security service market also bodes well. Furthermore, the company's continuous share buybacks are expected to support earnings in the to-be-reported quarter. Other Stocks to Consider Computer Sciences is not the only firm looking up this earnings season. We also see likely earnings beats coming from the following technology sector peers: Hutchinson Technology Inc. ( HTCH ), with an Earnings ESP of +7.69% and a Zacks Rank #2 (Buy). Cognizant Technology Solutions Corporation ( CTSH ), with an Earnings ESP of +1.69% and a Zacks Rank #2. Automatic Data Processing Inc. ( ADP ), with an Earnings ESP of +1.47% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report COGNIZANT TECH (CTSH): Free Stock Analysis Report COMP SCIENCE (CSC): Free Stock Analysis Report HUTCHINSON TECH (HTCH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-01-29,71.0181,71.3308,70.2212,70.9373, ADP,2015-01-30,70.6078,70.8405,69.3525,69.4056, ADP,2015-02-02,68.807,70.2212,68.7162,70.1679,"[""Can LinkedIn Corp. (LNKD) Surprise this Earnings Season? - Analyst Blog Professional networking behemoth LinkedIn Corp. ( LNKD ) is slated to report fourth-quarter fiscal 2014 results on Feb 5. In the last quarter, the company delivered a positive earnings surprise of 100%. Let's see how things are shaping up for this announcement. Factors to Consider LinkedIn remains a leader in the emerging online professional networking segment with increasing worldwide popularity and steady growth in the recent past. LinkedIn reported encouraging results in the third quarter. The company also saw 28% addition in its cumulative members. We believe that LinkedIn's traction in the mobile segment is particularly encouraging primarily due to its application launches for Apple's iPhones and Android-based smartphones. Synergies from acquisitions are also expected to aid results over the long run. The acquisitions of Newsle and Bizo will not only enhance user experience but also garner additional dollars through targeted marketing strategies. We also remain encouraged by the 40%-50% top-line growth recorded in the past few quarters. Notably, LinkedIn's initiatives to increase advertising revenues through product launches and partnership programs are praiseworthy. Advertisers are also taking a note of the company's growing user base, in our view. Earnings Whispers? Our proven model does not conclusively show that LinkedIn is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here, as you will see below. Zacks ESP: Earnings ESP for LinkedIn is 0.00%. This is because both the Most Accurate estimate and the Zacks Consensus Estimate stand at 3 cents per share. Zacks Rank: LinkedIn carries a Zacks Rank #3 (Hold) which when combined with an ESP of 0.00% makes surprise prediction difficult. We caution against stocks with Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are some companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter: Cognizant Technology Solutions Corporation ( CTSH ) with an Earnings ESP of +1.70% and a Zacks Rank #2 (Buy). Automatic Data Processing, Inc. ( ADP ) with an Earnings ESP of +1.47% and a Zacks Rank #3. GrubHub Inc. ( GRUB ) with an Earnings ESP of +22.22% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report COGNIZANT TECH (CTSH): Free Stock Analysis Report LINKEDIN CORP-A (LNKD): Free Stock Analysis Report GRUBHUB INC (GRUB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Best Performing Stocks in January - Analyst Blog Markets experienced a difficult month with all benchmarks closing in the red. Global economic concerns and a continual slump in fuel prices emerged as the major headwinds for stocks. The political situation in Greece also weighed on investor sentiment. Stimulus measures from the ECB and encouraging comments from the Federal Reserve improved the situation somewhat. However, economic data on the domestic front was also largely disappointing. January's Performance For the month, the S&P 500, the Dow and the Nasdaq dropped 3.1%, 3.7% and 2.1%, respectively. In January, the World Bank reduced its global economic growth outlook for 2015 and 2016. Continuous plunge in oil prices also dampened investor confidence. Political uncertainty in Greece and Bill Gross' dismal outlook for 2015 have dented investors' moods. Dismal economic data including ISM Services Index and factory order added to the bearish sentiment. Disappointing fourth quarter earnings results from banking majors also had a negative impact on investor sentiment. Meanwhile, investors assessed the consequences that markets may face after Swiss National Bank dropped its long-standing exchange rate of the Swiss franc against euro. Separately, the European Central Bank (ECB) announced a large-scale bond buying program to revive the near-stagnant Eurozone economy. Slump in Oil Prices Early last month, U.S. oil prices slipped below the $50.00/bbl level for the first time in more than five years. Abundant supply of oil and strength in dollar were cited as the reasons behind this renewed slump in crude oil prices. Rise in output from key producers including Russia and Iraq came in at a time when analysts have cut their demand outlook due to weak global economic scenario. Later in January, The Goldman Sachs Group, Inc. ( GS ) reduced its three-month outlook for the price of WTI crude oil. Also, the company downgraded its outlook for the price of Brent crude oil. Major oil suppliers showed no sign of reducing oil production, which in turn had a negative impact on the energy prices. Oil prices declined again after the Organization of Petroleum Exporting Countries (OPEC) slashed its demand for oil estimates for the next year. Meanwhile, Saudi Arabia's oil minister had turned down the need for output cut. Oil prices took another beating after inventory supply touched its highest level in eight decades. Global Growth Worries The World Bank reduced its global economic growth outlook for 2015 and the next year. It now expects global GDP to grow at a pace of 3% in 2015, compared to previously projected rate of 3.4% growth. Additionally, IMF made the steepest cut to the world growth forecast in three years. IMF now sees global growth at 3.5% in 2015, down from previous projection of 3.8%. Separately, China reported GDP growth of 7.4% in 2014, slowest since the 3.8% growth registered in 1990. Growth was also down from 7.7% in 2013. Swiss Bank, Bank of Canada Act The Swiss National Bank (SNB) decided to remove its three-year old policy of maintaining minimum exchange rate of 1.20 Swiss francs to 1 euro. Following the announcement, Swiss franc jumped against the euro and the dollar. In recent times, Swiss franc was facing huge pressure due to this minimum exchange rate policy. This is because euro was becoming weaker against major currencies due to sluggish economic conditions in the Eurozone. Meanwhile, the Bank of Canada's surprise rate cut added to the bullish sentiment. The Bank of Canada trimmed its interest rate by 25 basis points to 0.75% due to continuous slump in oil prices. The bank said plunge in crude oil prices are \""unambiguously negative\"" for its economy. ECB Announces Stimulus The ECB announced a larger than expected stimulus plan to boost Eurozone's fragile economy. ECB President Mario Draghi said the bank will buy 60 billion euros a month in assets including both government and private sector bonds, and securities issued by European organizations. The bond-buying program will begin in March and is expected to continue at least till Sep 2016. Draghi said the asset purchasing program could extend further provided ECB fails to meet its inflation target of just below 2%. ECB's announcement of aggressive bound-buying program weighed on the euro. The euro weakened against the dollar. A stronger dollar in turn adversely affected dollar-denominated currencies including crude oil. Crisis in Greece The political situation in Greece worsened in December last year after then Prime Minister Antonis Samaras announced presidential elections. At the end of the month, the country's parliament rejected Antonis Samaras' preferred presidential candidate in a third and final vote. Subsequently, Antonis Samaras called for a snap election. Ultimately, Greece's Syriza party won the country's general elections. The election result raised worries about Greece's exit from the Eurozone. This is because Syriza's leader Alexis Tsipras said that the victory meant the end of the \""viscious cycle of austerity.\"" In latest developments, Greece's finance minister Yanis Varoufakis rejected the country's extended bailout program. Yanis Varoufakis also refused to co-operate with the European Union and the International Monetary Fund. Labor Market Improves Encouraging employment data was a major positive on the domestic front. The national employment report from Automatic Data Processing, Inc. ( ADP ) showed private sector hiring improved in December. The report stated 241,000 private jobs were added in December. Meanwhile, unemployment rate declined to 5.6% in December from 5.8% in November. Moreover, it was reported the economy added 252,000 new jobs in December. Overall for 2014, 2.9 million jobs were added. This is the strongest year for jobs growth since 1999. Dismal Domestic Data However, average hourly earnings contracted 0.2% in December, contrary to the consensus estimate of 0.2% rise. This contraction in wage growth also had a negative impact on labor force participation rate. Civilian labor force participation rate declined 0.2% to 62.7% in December. This was part of a series of disappointing economic reports released in January. The ISM Services Index declined while durable orders decreased in November, Additionally, the flash Markit manufacturing purchasing managers index posted its worst reading in a year. Retail sales declined 0.9% in December, the biggest drop since Jan 2014. Moreover, the Producer Price Index declined 0.3% in December, witnessing biggest drop in December in around three years. U.S. homebuilders' confidence moved down in January. Pending Home Sales Index declined the most since Dec 2013. Existing home sales gained in December but declined 3.5% year-over-year. Factory orders and industrial production numbers were also dismal in nature. Advance estimate revealed that fourth quarter GDP increased at an annual rate of 2.6%, less than the consensus estimate of an increase by 3.6%. Earnings Numbers Fourth quarter earnings were hit by three interconnected headwinds - oil, the U.S. dollar and global economic growth. The three largest banks, JPMorgan Chase & Co. ( JPM ), Bank of America Corp. ( BAC ) and Citigroup ( C ) posted their worst combined quarterly revenues this earnings season since 2011 due to a combined 23% drop in their fixed-income, currency and commodity segments. Morgan Stanley ( MS ) also posted discouraging quarterly results. IBM Corp. ( IBM ), Google ( GOOG ), Microsoft ( MSFT ) also posted weak quarterly numbers. However other tech stocks fared better, with Netflix, Inc. ( NFLX ) and Facebook, Inc. ( FB ) comfortably surpassing estimates. Apple Inc. ( AAPL ) was the star performer, emerging unscathed to post record earnings of roughly $18 billion in fiscal first-quarter 2015. The Dow Chemical Company ( DOW ), Ford Motor Co. ( F ) and The Boeing Company ( BA ) also posted encouraging quarterly numbers. FOMC Minutes, Policy Statement Minutes of the Federal Open Market Committee noted that they \""would want to be reasonably confident that inflation will move back toward 2% over time.\"" Officials believe inflation rate won't climb to Fed's 2% target for some time due to lower energy prices and stronger dollar. The central bank could raise key interest rates even with low inflation, but not before April Later in the month, the Federal Reserve offered a dovish picture of economic growth and labor market in its policy statement. Moreover, the Fed also restated the phrase \""patient\"" regarding interest rate hike. The Fed said that they will consider \""financial and international developments\"" before raising key interest rates. It indicated that rate hike may not come sooner than mid-2015. 3 Star Performers for January I ran a screen on Research Wizard for companies with the following parameters: ( Click here to sign up for a free trial to the Research Wizard today ): Percentage price change over the last 4 weeks greater than or equal to 15% Forward price-to-earnings Ratio (P/E) for the current financial year (F1) less than or equal to 20. This picks out stocks that are good value choices Expected earnings growth for the current financial year greater than or equal to 20% Zacks Rank less than or equal to 2: This ascertains stocks that have shown above-average returns over the last 26 years. (See the performance of Zacks' portfolios and strategies here: About Zacks Performance ). Here are the top 3 stocks among the 10 that made it through this screen: Freescale Semiconductor, Ltd. ( FSL ) offers embedded processing solutions on a global basis. These solutions are provided to clients in the automotive, networking, industrial and consumer segments. Products offered by the Company include networking and multimedia microprocessors. . Price gain over the last 4 weeks = 27.2% Expected earnings growth for current year = 40.3% Freescale Semiconductor holds a Zacks Rank #1 (Strong Buy). The stock's forward price-to-earnings ratio (P/E) for the current financial year (F1) is 17.07. Allegiant Travel Company ( ALGT ) is focused on linking travelers in small cities of the U.S. The company provides air travel through a fixed number of nonstop flights between world-class leisure and small cities. Price gain over the last 4 weeks = 20.6% Expected earnings growth for current year = 61.9% Allegiant Travel holds a Zacks Rank #1 (Strong Buy) and has a P/E (F1) of 17.58. National American University Holdings, Inc. ( NAUH ) owns and operates National American University, a regionally accredited, for-profit institution of higher learning. The National American University, using both campus-based and online instruction, provides associate, bachelor's and master's degree and diploma programs in business-related disciplines Price gain over the last 4 weeks = 18.5% Expected earnings growth for current year = 67.9% Apart from a Zacks Rank #2 (Buy), National American University Holdings has a P/E (F1) of 13.62. Tough Times to Continue? Last month has been a particularly difficult one for stocks. However, 2013 also experienced a recovery in February after a particularly tough January. At the same time, there are several lingering headwinds which may continue to weigh on stocks going ahead. Global growth worries may have been counteracted to some extent by ECB's monetary stimulus measures. However, oil prices continue to move south and no respite seems to be forthcoming in the near future. These factors have also impacted earnings numbers. On the domestic front, economic data has been largely disappointing. The advance estimate for fourth quarter data signifies a possible cooling down of the economy at the end of the year. Given the different forces weighing on stocks, indications on the domestic front may provide much needed respite to markets going forward. Any positive developments on this front will provide stocks with impetus going forward. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMORGAN CHASE (JPM): Free Stock Analysis Report FORD MOTOR CO (F): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report DOW CHEMICAL (DOW): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report NETFLIX INC (NFLX): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report GOLDMAN SACHS (GS): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report ALLEGIANT TRAVL (ALGT): Free Stock Analysis Report FREESCALE SEMI (FSL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-02-03,70.7676,71.7824,70.2301,71.601,"[""Ultimate Software Soars Into the Cloud As Earnings Accelerate Anyone who has ever hired an employee knows what an administrative hassle it can be. Between complying with countless rules and regulations, getting the financial aspects taken care of, paying the appropriate taxes, and generally ensuring the well-being of a company's entire workforce, many business owners find it impossible to juggle various HR tasks and still have time to run their companies. To make things easier, Ultimate Software Group has a suite of cloud-based software products that can help employers with everything from recruiting and time management to budgeting and managing benefits -- and as the economy has shown increasing signs of strength, growth in the number of jobs available has pointed to even greater opportunities for the company. In its fourth-quarter financial report on Tuesday afternoon, Ultimate extended its long and impressive track record of providing investors with the growth they want to see. Let's take a look at what Ultimate Software's fourth quarter looked like and whether the company can keep expanding this year and into the future. Ultimate Software, ultimately solid results Ultimate Software not only produced top-line revenue growth but also turned its expanding business into greater profits. Revenue for the fourth quarter rose 21% to $135.4 million, which was almost exactly what investors had expected to see from the HR-cloud company. Recurring revenues rose at an even faster 24% pace, and with that portion of Ultimate's business making up more than 80% of total revenue, opportunities to bring in new recurring revenue will remain essential. Adjusted earnings of $0.68 per share topped analyst projections by almost a dime, representing growth of about 25% from the year-ago quarter. The main question for Ultimate looking forward is whether rivals ADP and Paychex will come out with cloud-based HR offerings that can catch up to what Ultimate already offers. With a big lead over its competition, though, Ultimate appears poised to keep delivering new advances in its software and services. If all goes well, that could lead to Ultimate poaching more customers from ADP and Paychex, confirming the wisdom of its strategic vision for 2015 and beyond. Wall Street hacks Apple's gadgets! (Investors, prepare to profit.) Apple forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering Apple's brand-new gadgets. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, just click here ! The article Ultimate Software Soars Into the Cloud As Earnings Accelerate originally appeared on Fool.com. Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing, Paychex, and Ultimate Software Group. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for February 4, 2015 : MRK, GM, SO, ADP, CTSH, MPC, SE, HUM, BSX, LVLT, SEP, WHR The following companies are expected to report earnings prior to market open on 02/04/2015. Visit our Earnings Calendar for a full list of expected earnings releases. Merck & Company, Inc. ( MRK ) is reporting for the quarter ending December 31, 2014. The large cap pharmaceutical company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.85. This value represents a 3.41% decrease compared to the same quarter last year. MRK missed the consensus earnings per share in the 4th calendar quarter of 2013 by -1.12%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for MRK is 17.49 vs. an industry ratio of 22.40. General Motors Company ( GM ) is reporting for the quarter ending December 31, 2014. The auto (domestic) company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.85. This value represents a 26.87% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for GM is 12.35 vs. an industry ratio of -84.40, implying that they will have a higher earnings growth than their competitors in the same industry. Southern Company ( SO ) is reporting for the quarter ending December 31, 2014. The electric power utilities company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.39. This value represents a 18.75% decrease compared to the same quarter last year. In the past year SO has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 1.87%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for SO is 18.14 vs. an industry ratio of 16.50, implying that they will have a higher earnings growth than their competitors in the same industry. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending December 31, 2014. The outsourcing company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.68. This value represents a 12.82% decrease compared to the same quarter last year. ADP missed the consensus earnings per share in the 1st calendar quarter of 2014 by -1.85%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ADP is 28.58 vs. an industry ratio of 16.40, implying that they will have a higher earnings growth than their competitors in the same industry. Cognizant Technology Solutions Corporation ( CTSH ) is reporting for the quarter ending December 31, 2014. The business software company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.59. This value represents a 9.26% increase compared to the same quarter last year. In the past year CTSH has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 1.69%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for CTSH is 22.92 vs. an industry ratio of -370.80, implying that they will have a higher earnings growth than their competitors in the same industry. Marathon Petroleum Corporation ( MPC ) is reporting for the quarter ending December 31, 2014. The oil refining company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.47. This value represents a 30.00% decrease compared to the same quarter last year. MPC missed the consensus earnings per share in the 1st calendar quarter of 2014 by -36.19%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for MPC is 12.44 vs. an industry ratio of 15.00. Spectra Energy Corp ( SE ) is reporting for the quarter ending December 31, 2014. The oil (production/pipeline) company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.32. This value represents a 21.95% decrease compared to the same quarter last year. SE missed the consensus earnings per share in the 2nd calendar quarter of 2014 by -26.67%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for SE is 23.24 vs. an industry ratio of 39.90. Humana Inc. ( HUM ) is reporting for the quarter ending December 31, 2014. The hmo company's consensus earnings per share forecast from the 16 analysts that follow the stock is $1.16. This value represents a 45.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for HUM is 19.31 vs. an industry ratio of 10.40, implying that they will have a higher earnings growth than their competitors in the same industry. Boston Scientific Corporation ( BSX ) is reporting for the quarter ending December 31, 2014. The medical products company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.21. This value represents a no change for the same quarter last year. In the past year BSX has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2014 Price to Earnings ratio for BSX is 17.82 vs. an industry ratio of -11.30, implying that they will have a higher earnings growth than their competitors in the same industry. Level 3 Communications, Inc. ( LVLT ) is reporting for the quarter ending December 31, 2014. The diversified company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.34. This value represents a 466.67% increase compared to the same quarter last year. In the past year LVLT has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 19.35%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for LVLT is 37.46 vs. an industry ratio of 18.40, implying that they will have a higher earnings growth than their competitors in the same industry. Spectra Energy Partners, LP ( SEP ) is reporting for the quarter ending December 31, 2014. The oil/gas company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.67. This value represents a 8.06% increase compared to the same quarter last year. SEP missed the consensus earnings per share in the 2nd calendar quarter of 2014 by -3.28%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for SEP is 20.33 vs. an industry ratio of 38.30. Whirlpool Corporation ( WHR ) is reporting for the quarter ending December 31, 2014. The household appliance company's consensus earnings per share forecast from the 5 analysts that follow the stock is $3.17. This value represents a 6.73% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for WHR is 18.27 vs. an industry ratio of 16.90, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-02-04,73.2814,73.3141,72.0457,72.812,"[""Earnings Scheduled For February 4, 2015"", ""ADP Q2 EPS $0.70 vs $0.68, $2.66B vs $2.68B"", ""Automatic Data Sees FY2015 EPS $3.52-3.58; Sees Sales $13.06B-13.18B"", ""UPDATE: ADP Q2 Earnings Beat Views"", ""UPDATE: ADP Q2 Earnings Beat Views"", ""Automatic Data Sees FY2015 EPS $3.52-3.58; Sees Sales $13.06B-13.18B"", ""ADP Q2 EPS $0.70 vs $0.68, $2.66B vs $2.68B"", ""Earnings Scheduled For February 4, 2015"", ""Automatic Data Processing Q2 Earnings Top, Revenues Lag - Analyst Blog Automatic Data Processing Inc . ( ADP ) reported second-quarter fiscal 2015 earnings from continuing operations of 70 cents per share, which surpassed the Zacks Consensus Estimate of 68 cents and grew 7.7% year over year. Automatic Data Processing Inc. - Earnings Surprise | FindTheBest Quarter Details Revenues increased 6.7% year over year to $2,661.3 million but missed the Zacks Consensus Estimate of $2,678 million. The year-over-year growth was driven by strength in the human capital management business. Employer Services revenues increased 4.2% year over year to $2,169.90 million based on organic growth. The number of employees on clients' payrolls in the United States grew 3% in the quarter on a same store sales basis. PEO Services revenues rose 17.8% year over year to $625.8 million in the reported quarter. In the quarter, combined worldwide new business bookings for the company grew 15% year over year. New business bookings represent annualized recurring revenues expected from new orders. Interest on funds held for clients grew 2% year over year to $91 million. The growth was primarily due to 7% year-over-year growth in average client funds balances to $19.8 billion offset by a 10 basis points (bps) drop in average interest yield to 1.8%. Total expenses in the reported quarter increased 5.8% year over year to $2,179.4 million, attributable to higher selling, general & administrative expense (up 2% year over year), operating expenses (up 7.5% year over year) and systems development & programming costs (up 7.4% year over year). Balance Sheet ADP exited the quarter with cash and cash equivalents of $1,952.7 million compared with $3,618.1 million as on Jun 30, 2014. Long-term debt was $10.3 million versus $11.5 million on Jun 30. Guidance For fiscal 2015, ADP expects revenues to grow in the range of 7% to 8% on a year over year basis. Further, the company expects earnings per share to grow 12% to 14% from $2.58 per share in fiscal 2014. Earnings are also expected to benefit from a 2 cents gain in relation to the CDK spin-off. This represents 75 to 100 bps expansion in pre-tax margin from 18.4% in fiscal 2014. Worldwide new business bookings are expected to rise approximately by 10% over $1.4 billion sold in fiscal 2014, compared with the previous outlook of 8%. Employer Services revenues are expected to grow approximately 5% year over year, down from the guidance of 6% to 7% provided earlier. This represents a pre-tax margin expansion of approximately 100 bps. The company expects pay per control to increase 2% to 3% in the year. PEO Services revenues are expected to increase 15% to 17%, an increase from the earlier projection of 13% to 15%. Pre-tax margin is expected to grow 100 bps year over year, up from the 50 bps guided in the prior quarter. In addition, the company expects interest on funds held for clients to increase $5 million to $15 million, or 1% to 4% driven by estimated growth in average client funds balances of 5% to 7% to $21.8 to $22.2 billion. However, the growth would be partially offset by a decline in average interest yield to 1.7%. Further, the total contribution from client funds extended investment strategy is estimated to grow $5 to $15 million. Our Take We believe that the Dealer Services spin-off will help the company focus more on its relatively fast growing human capital management business. ADP is expected to perform better on the back of improved execution and higher client retention. Moreover, recovery in the job market will help the company. However, a volatile macroeconomic environment and increasing competition from Paychex Inc. ( PAYX ) and Equifax Inc. ( EFX ) are the near-term headwinds. Currently, ADP has a Zacks Rank #4 (Sell). A better-ranked stock in this sector is Atento S.A. ( ATTO ), carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report ATENTO SA (ATTO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Tops Q4 Earnings, Revenues Up Y/Y - Tale of the Tape Founded in 1949, New Jersey based- Automatic Data Processing, Inc. ( ADP ) is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves approximately 637K clients across 125 nations. The company reports in three business segments - Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. The Employer Services segment includes human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. The Dealer Services segment provides integrated dealer management systems, digital marketing solutions and other business management solutions to the automotive, heavy truck, motorcycle, marine, recreational vehicle (RV), and heavy equipment retailers, distributors, and manufacturers. Zacks Rank: Currently, ADP has a Zacks Rank#4 (Sell) but that could change following its second quarter fiscal 2015 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings: ADP beat on earnings. Earnings from continuing operations came in at 70 cents per share, higher than the Zacks Consensus Estimate of 68 cents. Earnings also increased 7.7% year over year. Revenue: Revenues of $2,661.3 million came below the Zacks Consensus Estimate of $2,678 million but grew 6.7% year over year. Key Stats: New business bookings increased 15% year over year in the quarter. Stock Price: Shares prices did not show any movement in the pre-market trading session. Check back later for our full write up on this ADP earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dow Jones Ends Choppy Trading Session with 6-Point Gain The Dow Jones erased a 100-point gain Wednesday to end the day just 6 points higher than where it started. What happened? Investors turned cautious as oil prices fell once again. Today's Scorecard: Dow: 17,672.03, +6.62,+0.04% S&P 500: 2,041.51, -8.52,-0.42% Nasdaq: 4,716.70, -11.03,-0.23% The S&P 500 and Nasdaq were negative today on falling energy prices and declines in the biotech sector. West Texas Intermediate prices fell more than 8% this afternoon on news that crude oil inventories rose by another 6.3 million barrels last week, according to the Energy Information Administration. The S&P 500 Volatility Index ( VIX ), the market's fear gauge, rose more than 5% on the day. What Moved the Markets Today: A $6.3 billion merger between two office retailer giants led the headlines on a mixed day of trading. Staples Inc. (Nasdaq: SPLS ) will take over Office Depot Inc. (Nasdaq: ODP ) in a cash-and-stock deal, which is expected to receive little regulatory resistance. Falling crude oil prices drove down energy stocks during the day, while shares of Gilead Sciences Inc. (Nasdaq: GILD ) cratered more than 8% after the company reported mixed results for the fourth quarter. Now, check out the other top market stories - plus get our new profit tip for investors: A Small (but Profitable) World: Shares of Walt Disney Co. (NYSE: DIS ) surged more than 7% on news the company shattered quarterly revenue and profit expectations yesterday. The firm reported quarterly per-share earnings of $1.27, beating consensus estimates of $1.07. The company said its animated film \""Frozen\"" boosted home video and toy sales during the holiday season. In addition, its park-and-resort operating income jumped 20% in the fiscal first quarter. Walt Disney Co. will be opening its Shanghai Disneyland park in the spring of 2016, as it expands into China. Jobless Woes: Investors offered a lukewarm response to this morning's private payroll report issued by Automatic Data Processing ( ADP ). In January, private employers hired 213,000 workers, which was less than expected. The news raises concerns about the January employment report to be released Friday. Across the United States, mounting 2015 layoffsare evidence of what Money Morning has been saying all along: The touted job recovery has been artificially inflated. Here's a look at a dozen recent job eliminations across several sectors and what's behind them. An Apple a Day: Apple stock hit a new intraday high this afternoon on news the company's iPhone outsold Android rivals in the United States for the first time in three years. Although Apple Inc. (Nasdaq: AAPL ) beat Android by just a 0.1% margin, the company was boosted by very strong sales during the holiday season. Fed Watch: During a speech to bankers in Ohio, Federal Reserve Bank of Cleveland President Loretta Mester said she is comfortable with an interest-rate increase this year. Mester said she expects the U.S. economy to grow at 3% in both 2015 and 2016 and, in terms of rates, \""would be comfortable with liftoff in the first half of this year.\"" The speech comes a week after the central bank released its minutes from the December FOMC meeting. Earnings Slump: Shares of Ralph Lauren Corp. (NYSE: RL ) fell 18% to a 52-week low after currency concerns weighed down the iconic fashion company's 2015 profit forecast. The company said its holiday quarter underperformed as its sales were affected by a stronger dollar. Meanwhile, Merck & Co. Inc. (NYSE: MRK ) dipped 3.23% after the company reported that a stronger dollar and patent expirations affected its quarterly earnings report. Merck announced regulators are prepared to rescind the \""breakthrough therapy\"" designation for its pending hepatitis C treatment due to other competitive drugs. Money MorningTip of the Day:To become wealthy, you have to learn to ignore \""the noise\"" and focus on \""the signal.\"" It's the hardest but most important part of investing. Today's tip comes from Money Morning Tech Expert Michael A. Robinson: I often advise investors to \""Separate the Signal from the Noise.\"" To create real wealth, you have to ignore Wall Street's hype machine (\""the noise\"") and instead focus on firms with excellent fundamentals (\""the signal\""). The noise is hard to ignore - it's everywhere. But it can lead you down the path to investment destruction. And most retail investors succumb... which is what Wall Street wants to happen. Take Apple Inc. (Nasdaq: AAPL), for example. Apple reported the biggest quarterly profit ever for a public company on Jan. 27. Now, instead of looking at the picture clearly, the media is making Apple shareholders worry that smartphones have reached their peak - and Wall Street seems to think the company has become too dependent on iPhone sales. All that \""concern\"" from the media and Wall Street is \""noise.\"" But here's the \""signal\"": Apple will continue to grow beyond iPhone sales thanks to catalysts in at least three sectors. And that'll propel the Apple stock price even higher. Go here to find out more about the AAPL price catalysts - the ones Wall Street doesn't want you to know - plus get all of our latest tech stock picks. To get full access to all Money Morning content including our latest Premium Report, \""How to Make 2015 Your Wealthiest Year Ever,\"" click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience - for free . Our experts - who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV - deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: \u00a9 2014 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Income Investor: Paychex Embraces Strong Jobs Data W all Street will be eyeing Friday's jobs report closely. So willPaychex ( PAYX ), an IBD Dividend Leader and a direct beneficiary of an improving labor market. With a market capitalization just north of $10 billion, Paychex provides payroll, human resources, insurance and benefits outsourcing solutions for small- to medium-size businesses. It's a dominant player in the industry, along with its main competitor,Automatic Data Processing ( ADP ). When it comes to earnings and dividend stability, it's hard to do much better than Paychex. In January, the company declared a quarterly dividend of 38 cents a share, payable on Feb. 17 to shareholders of record Feb. 2. An annualized dividend of $1.52 gives it a yield of around 3.2%. In December, Paychex reported fiscal second-quarter profit of 47 cents a share, up 9% from a year ago. Sales growth accelerated from the prior quarter, rising 10% to $676.3 million. Payroll service sales rose 4% to $411.2 million. Human resources services sales jumped 21% to $254.7 million. In the second quarter, the company unveiled Paychex Flex, which integrates a software-as-a-service platform with the company's newly expanded service offerings. Meanwhile, a new product related to health care reform is doing well. It offers clients assistance in understanding the Affordable Care Act and its impact on business. At the end of the second quarter, Paychex's cash and total corporate investments totaled $927.5 million. The company is debt-free. Despite steady price performance in recent months, Paychex has its share of detractors. Short interest has stayed relatively high in the stock for several months, perhaps because of fears that the job market isn't as strong as recent data indicate. In mid-January, short interest totaled 14.7 million shares, according to Nasdaq.com. Paychex is a good example of how a stock can trend higher despite high short interest. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: ADP Q2 Earnings Beat Views"", ""Automatic Data Sees FY2015 EPS $3.52-3.58; Sees Sales $13.06B-13.18B"", ""ADP Q2 EPS $0.70 vs $0.68, $2.66B vs $2.68B"", ""Earnings Scheduled For February 4, 2015""]" ADP,2015-02-05,72.6858,73.3218,72.2321,73.3061, ADP,2015-02-06,73.2894,73.458,72.5181,72.6957, ADP,2015-02-09,72.3287,72.7331,72.1029,72.3287,"Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for February 10, 2015 Computer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on February 10, 2015. A cash dividend payment of $0.64 per share is scheduled to be paid on February 27, 2015. Shareholders who purchased CPSI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.28% increase over the prior quarter. The previous trading day's last sale of CPSI was $52.35, representing a -27.18% decrease from the 52 week high of $71.89 and a 10.44% increase over the 52 week low of $47.40. CPSI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). CPSI's current earnings per share, an indicator of a company's profitability, is $2.93. Zacks Investment Research reports CPSI's forecasted earnings growth in 2015 as -9.56%, compared to an industry average of 1.4%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-02-10,72.4826,72.955,72.028,72.7578, ADP,2015-02-11,72.9186,73.3574,72.5743,73.0112, ADP,2015-02-12,73.3318,73.8288,73.1454,73.7923, ADP,2015-02-13,73.9638,74.6355,73.8189,74.6355, ADP,2015-02-17,73.8051,74.0635,72.7804,73.2567, ADP,2015-02-18,72.8288,73.7785,72.8288,73.6622, ADP,2015-02-19,73.6789,73.8613,73.0457,73.7785, ADP,2015-02-20,73.8456,74.6355,73.1956,74.5773,"Intuit Reports Wider Q2 Loss on Higher Operating Expenses - Analyst Blog Intuit Inc. ( INTU ) reported loss in second-quarter of fiscal 2015 for the third consecutive quarter. The company's adjusted loss per share (including stock-based compensation but excluding amortization and other one-time expenses) from continuing operations of 19 cents widened nearly two-fold from the year-ago loss of 10 cents. However, the company's bottom line was narrower than the Zacks Consensus Estimate of a loss of 26 cents. Intuit Inc. - Earnings Surprise | FindTheBest On a GAAP basis, Intuit's loss widened to 23 cents per share from 13 cents reported in the year-ago period mainly due to higher operating expenses which more than offset the top-line growth. Quarter in Detail Intuit's revenues grew 3.3% year over year to $808 million and surpassed the Zacks Consensus Estimate of $784 million. The year-over-year increase was mainly driven by higher customer addition and increased adoption of Intuit's cloud-based solutions. Services and Other revenues jumped 23.2% year over year to $610 million, while product revenues declined 31% from the year-ago quarter to $198 million. Segment-wise, Small Business Group recorded 1% year-over-year decline due to 10% drop in QuickBooks desktop ecosystem revenues as the company continues to focus on online solutions. However, QuickBooks Online subscribers surged 50% to 841,000. Nonetheless, management expects QuickBooks Online to add more subscribers to the QuickBooks segment despite the decline in desktop units. Now coming to the operational metrics, Intuit reported 7.1% year-over-year increase in operating expenses primarily due to higher spending on research & development (up 6.8% year over year), selling and marketing (up 7.5% year over year) and general & administrative expenses (up 8.3% year over year). Higher investments resulted in an adjusted operating loss (including share-based compensation but excluding amortization expenses) of $72 million which widened from a loss of $28 million reported in the year-ago period. Intuit's adjusted net loss from continuing operations (including share-based compensation but excluding amortization expenses) came in at $54.7 million as against a loss of $30.9 million in the year-ago quarter. The maker of tax-preparation software TurboTax exited the quarter with cash and investments of $1.37 billion. Long-term debt remained flat sequentially at $499 million. Further, Intuit generated cash flow of $247 million from operating activities in the first six months of fiscal 2015. During the quarter, Intuit repurchased shares worth $555 million and has $1.2 billion under its share buyback authorization. Outlook Apart from reiterating the fiscal 2015 guidance, Intuit provided the outlook for third and fourth quarters as well. The company expects revenues in the range of $2.075 to $2.150 billion for the third quarter. Currently, the Zacks Consensus Estimate is pegged at $2.231 billion. Management expects non-GAAP operating income in the range of $1.17 to $1.19 billion and non-GAAP earnings per share within $2.70 to $2.75. The Zacks Consensus Estimate stands at $2.77. For the fourth quarter, Intuit anticipates revenues in the range of $720 to $745 million, while the Zacks Consensus Estimate is $656 million. Management expects non-GAAP loss per share within 8 to 6 cents per share in the quarter. Further, the company has reiterated the fiscal 2015 outlook and expects revenues in the range of $4.275 to $4.375 billion, a decline of 5% to 3% year over year. The Zacks Consensus Estimate is pegged at $4.343 billion. Non-GAAP operating income is projected in the range of $1.11 to $1.14 billion. Non-GAAP earnings per share are expected between $2.45 and $2.50. The Zacks Consensus Estimate is pegged at $1.94. Further, management expects QuickBooks Online subscribers in the range of 975,000 to 1 million at the end of fiscal 2015. Our Take We are positive on Intuit's growing SMB exposure and believe that the strategic acquisitions will continue to support the segment. The increased adoption of its cloud-based services and products is another positive factor. The company has also restructured its business to focus more on QuickBooks services. It expects to continue to invest in the QuickBooks portfolio. Thus, higher investments will impact the company's profitability in the near term. Moreover, we believe the rising competition from other payroll solution providers such as Paychex Inc. ( PAYX ) and Automatic Data Processing ( ADP ) is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit has a Zacks Rank #3 (Hold). A better-ranked stock in the technology sector worth considering is DST Systems Inc. ( DST ) which sports a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report DST SYSTEMS (DST): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-02-23,74.6167,75.0458,74.1976,74.9895,"[""The Nasdaq-100 Turns 30: Tracking Innovation in Large Cap Growth S ince its inception 30 years ago, the Nasdaq-100 index has become one of the most widely followed stock indexes in the world. In recognition of the Nasdaq-100\u2019s 30th anniversary, the Nasdaq (NDAQ) research team took a detailed look at this iconic index. The findings are outlined here. The index includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization. Considered a premier large-cap growth index, the Nasdaq-100 plays a crucial role informing the investment community of performance trends for leading non-financial companies and perhaps, more importantly, provides a basis for numerous investable products. Approximately $50 billion in exchange traded products (ETPs) are benchmarked to the Nasdaq-100. Throughout the past three decades the Nasdaq-100 has evolved from the industry\u2019s \u201cTechnology Index\u201d into a leading barometer for strong, growth companies at the forefront of innovation. Companies included in the Nasdaq-100 have helped drive the modern economy and the evolution of the Index, and is a reflection of how the business world has shifted in the 21st century. When launched in 1985, the Nasdaq-100 was intended primarily to showcase the top stocks listed on The Nasdaq Stock Market. It was one of two indexes launched at that time (the other being the Nasdaq Financial-100) intended to create a subset of the Nasdaq Composite Index to better support creation of derivative trading instruments such as options and futures. The Nasdaq-100 was designed as a market capitalization-weighted index, meaning the weight of a given component or company is proportional to its market cap. As indicated by the index name, the number of companies is set at 100. Since inclusion is based on rankings tied to ever-changing market capitalization, the components are periodically reconstituted. In its early years, the addition and removal of components was carried out at various points in time. That changed in 1998, when rebalancing started occurring on an annual basis in late December of each year. The additions and deletions are wholly determined by the market cap rankings, which is why many experts have stated that \u201cinvestors determine the membership of the Nasdaq-100.\u201d There is no committee making membership determinations, as is the case with other well-known indexes. From the launch of the Index on January 31, 1985, to the end of 2014, a total of 448 stocks have been members of the Nasdaq-100 at one time or another. Of the original members at launch, seven are still in the current index: Apple (AAPL), Costco (originally Price Club) (COST), Intel (INTC), KLA-Tencor (KLAC), Micron Technology (MU), PACCAR (PCAR), and Seagate Technology (STX). In recent years, on average, between seven and 15 stocks are added or removed from the index each year, most of which occur at the annual rebalance date. Today\u2019s Nasdaq-100 is considered a large-cap index; however, that was not always the case. Taking a look back at the market cap of index components, one can clearly see the rapid growth in company size from 1985 to today. Since the index is made up of 100 companies, it is easy to calculate the average size of each. At launch, this figure was only about $580 million, compared with an average value of about $48 billion as of December 31, 2014, approximately an 80-fold increase. In the early days, Nasdaq was in the process of moving beyond a trading utility for non-listed OTC stocks into a distinctly recognized and branded stock market. Companies listed on Nasdaq tended to be fairly new and smaller in size, compared to the companies on NYSE or AMEX. Nasdaq's largest component was a relatively new company, Intel (IPO in 1980), with a market cap of $3.5 billion. The second and third largest were MCI and Apple, with market caps of $2.3 billion and $1.8 billion, respectively. The smallest components had market caps in the range of $200 million. (By contrast, the smallest issuers in the index as of December 31, 2014 had market caps exceeding $7 billion.) More than Technology It is no secret that the Nasdaq-100 is commonly viewed as the \u201cTechnology Index.\u201d In 1985, Technology was the largest, single Industry Classification Benchmark (ICB) in the Nasdaq-100, but the 23 Technology components only made up 25% of the market cap of the index. Technology was followed by Consumer Services at 21% and Industrials at 15%. The following table shows the percentage of index weight made up by Technology stocks, as well as the second largest industry by weight over the years. At the beginning of the 1990s, the Technology weight had increased to 31%, and by the middle of the decade, when the tech boom was well underway, it was up to 57%. November 1998 is noteworthy for two reasons: the continued acceleration of the bull market and the special rebalance of index weights mentioned above. At that time, Technology stocks accounted for 70% of the market cap of the index. The rebalancing reduced that weight to 61%, the value shown in the table. By the start of 2003, the market bubble had burst, but the weighting of Technology stocks remained high. The sector that saw a major decline was Telecom, which experienced a dramatic shift from about 15% down to 2% of the total weighting. The current index is still solidly Technology weighted, led by issuers such as Apple, Microsoft (MSFT), Google (GOOG), Intel and Facebook (FB). Still, the Nasdaq-100 is by no means a pure technology index. In fact, the current technology weight is comparatively low by historical standards. Some of the top non-technology components include: Biotech: Gilead Sciences (GILD), Amgen (AMGN), Celgene (CELG) Retail: Amazon (AMZN), Starbucks (SBUX) Media: Comcast (CMCSA), Twenty-First Century Fox (FOX) Industrials: Tesla (TSLA), ADP (ADP) A Boon for Investors Nasdaq, itself a relatively new market, is generally thought of as the home for younger, growth-oriented companies. For example, 25% of the index weight for the Nasdaq-100 is from components incorporated before 1985. Half the index weight is from components incorporated after 1993, and 25% of the weight is from companies incorporated after 2000. The following table shows summary statistics for the three-year average revenue growth. The sales growth of the Nasdaq-100 components is higher on average than that of the S&P 500 and the Dow Jones Industrial Average (DJIA), but there is much more variability among these components. But, what does this all mean for the end investor? While the Nasdaq Composite Index is more widely cited in the media as a standard benchmark, the Nasdaq-100 is much more widely used as the basis for tradable products. The index has been specifically structured to promote the creation of tradable products in two ways. First, the index has a comparatively small number of components, each of which is a highly liquid security compared with indexes of 500 or 2000 components. Second, to meet diversification standards, the weighting system uses an as-needed modified market cap approach to prevent a single stock or group of stocks from having too much weight. In the late 1990s, Nasdaq began to consider the possibility of developing an exchange traded fund (ETF) patterned after the successful SPDR S&P 500 ETF that was launched in 1993. Following a slight change in the index\u2019s methodology due to tax regulations to support financial products, Nasdaq introduced the QQQ ETF in March 1999. At launch, the Nasdaq Stock Market was the ETF sponsor, a role that would be transferred to Invesco PowerShares in 2007. The QQQ ETF experienced astonishing growth during its first few months of operation, a clear sign showcasing investor demand for accessing a highly-liquid basket of Nasdaq companies as well as a harbinger of the forthcoming growth in the number of exchange traded products. On March 10, 1999, QQQ was launched with a per-share net asset value of about $100. At the close of that day, the fund had about $15 million in assets. By the end of March that figure had risen to $658 million. \u201cThe Qs,\u201d as it had become known, surpassed $1 billion by the middle of April and rapidly grew to over $2 billion by the middle of August. By the time of the market peak in March 2000, fund assets reached $10 billion. The ETF did a 2-for-1 split at that time, an interesting irony in light of the forthcoming market drop. The fund grew rapidly from fall 2000 through spring 2001 in spite of the market meltdown occurring at the time. It may be conjectured that the demand from investors for the ETF was far beyond that as a buy-and-hold investment vehicle. The ETF ended up being used as a hedging or speculation vehicle for traders wanting exposure to \u201ctech\u201d stocks. Evidence in this regard can be seen by looking at the \u201cturnover,\u201d defined as the dollar value of trading divided by the value of the fund. From September 2000 through April 2001, the daily turnover of the ETF averaged about 17%, an astonishingly high number for a single security. (By comparison, the daily turnover of the most active common stocks may average only 1-2%.) It is clear that QQQ, as has been the case for some other ETFs, has become a useful trading vehicle as well as investment vehicle. Currently, there are 46 ETPs tracking the Nasdaq-100 accounting for approximately $50 billion in assets. These products support a wide variety of investment objectives and range from using different index weightings, leveraged strategies, and derivatives and can be found in 13 countries including China and Singapore. The index has truly become a global staple of the financial markets, showcasing the enduring relevance of a rules-based benchmark that tracks innovative, growth-oriented companies. Going forward, investors can expect to see new products that are tied to the index, particularly as the ETF industry continues on a path of rapid expansion to one day potentially rivaling the asset base of mutual funds. And, just as the index has evolved into the world\u2019s preeminent large cap growth index over the past 30 years, the Nasdaq-100 will continue to be home to companies at the very forefront of their industries for decades to come. Jeffrey W. Smith and Efram Slen contributed to this article, which was originally posted to Forbes.com. A complimentary download of the Nasdaq-100 white paper is available at www.nasdaqomx.com/nasdaq-100. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for February 24, 2015 Open Text Corporation ( OTEX ) will begin trading ex-dividend on February 24, 2015. A cash dividend payment of $0.1725 per share is scheduled to be paid on March 19, 2015. Shareholders who purchased OTEX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that OTEX has paid the same dividend. The previous trading day's last sale of OTEX was $59.75, representing a -3.22% decrease from the 52 week high of $61.74 and a 33.49% increase over the 52 week low of $44.76. OTEX is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). OTEX's current earnings per share, an indicator of a company's profitability, is $2.23. Zacks Investment Research reports OTEX's forecasted earnings growth in 2015 as 12.42%, compared to an industry average of 3.8%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to OTEX through an Exchange Traded Fund [ETF]? The following ETF(s) have OTEX as a top-10 holding: First Trust ISE Cloud Computing Index Fund ( SKYY ). The top-performing ETF of this group is SKYY with an increase of 9.39% over the last 100 days. It also has the highest percent weighting of OTEX at 3.42%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSP Inc. (CSPI) Ex-Dividend Date Scheduled for February 24, 2015 CSP Inc. ( CSPI ) will begin trading ex-dividend on February 24, 2015. A cash dividend payment of $0.11 per share is scheduled to be paid on March 12, 2015. Shareholders who purchased CSPI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that CSPI has paid the same dividend. The previous trading day's last sale of CSPI was $7.73, representing a -12.06% decrease from the 52 week high of $8.79 and a 18.92% increase over the 52 week low of $6.50. CSPI is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). CSPI's current earnings per share, an indicator of a company's profitability, is $.16. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-02-24,74.9895,75.1641,74.4333,75.0626,"[""A $127 Billion Opportunity Coming In Cloud Computing"", ""A $127 Billion Opportunity Coming In Cloud Computing"", ""Apple (AAPL) Hits New 52-Week High on Strong Demand - Analyst Blog Shares of Apple Inc. ( AAPL ) reached a new 52-week high of $133.00 on Feb 23. The iPhone maker has had a bullish run since the beginning of this year having witnessed record results. Further, the company's strong cash position is allowing it to pursue innovative product launches, investments in new sectors, as well as strategic collaborations that have been making the headlines consistently. Apple has returned about 76.5% in the last one-year period with a year-to-date return of about 20.5%. The S&P 500 jumped 14.2% and 2.5%, respectively, during the same period. Average volume of shares traded over the last three months stands at approximately 55.7 million. Furthermore, the company delivered a positive average earnings surprise of 11.4% over the past four quarters. This Zacks Rank #2 (Hold) stock has an enviable market cap of approximately $755.5 billion and a long-term expected earnings growth rate of 13.8%. Key Growth Catalysts Apple's earnings, this quarter, had surged 47% on a year over year basis on a 30% rise in revenues.In addition to the strong demand for the larger-screened iPhone 6 and iPhone 6 Plus phones, the possibility of Apple venturing into the electric cars market, the growing adaptability of Apple Pay and most of all the nearing launch of Apple watch are key drivers for Apple. Furthermore, the company recently became the first U.S. company to cross the $700 billion milestone. Apple watch that is expected to be launched in April is likely to come with a range of innovative features ranging from making payments with Apple Pay to doubling up as a fitness device and more. Yesterday, Apple unveiled a \u20ac1.7 billion plan for constructing a couple of data centers in Europe. While the company already has a sturdy pile of cash to support such endeavors, it has been taking additional measures to save costs and improve profitability in the long run. These two data centers will be completely powered by renewable energy. Last month, Apple had collaborated with First Solar Inc. ( FSLR ) for the purchase of solar power worth $850 million. This deal is another major step by the company to strengthen its core. The solar farm will be big enough to provide the required electricity for powering all Apple set-ups in California, including stores, offices, headquarters as well as the data center. Recently, Apple also won patent rights for a virtual reality headset. This device, resembling bulky goggles, will display the iPhone screen virtually in front of the user's eyes according to media reports. The company's persistent focus on developing superior quality products and a loyal customer base no doubt gives it an edge in the industry. Estimate Revision Apple has seen solid earnings estimate revisions for the current fiscal year and next over the past month. Almost 86% of analysts have revised their estimates for this year and 74% of analysts for next year. Moreover, in the last one month, the Zacks Consensus Estimate for fiscal 2015 has risen about 8.3% to $8.44 while fiscal 2016 estimates climbed around 4.5% to $9.10. To Conclude Despite the strong price appreciation, we believe that Apple still has enough room left for upside, given the positive estimate revisions. A couple of other technology stocks that also scaled 52-week highs on Feb. 23 are Amazon.com Inc. ( AMZN ) and Automatic Data Processing, Inc. ( ADP ). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report APPLE INC (AAPL): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report FIRST SOLAR INC (FSLR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""A Simple Way To Invest In The World's Least Volatile Stocks In recent weeks, bullish optimism and a resilient market have given investors a bit of a reprieve from rising levels of volatility. But don't get too comfortable. The next spike in volatility can arrive without notice. The CBOE Volatility Index, also known as the fear index, or VIX, has been trending lower for most of the year. The VIX, which gauges expectations for stock market volatility in the next 30 days, is now only around 16 -- 20% below the historical average of 20. But 2015 is still young, and severe volatility could return as investors face potential shocks to the market. A shift in U.S. monetary policy or a potential Greek exit from the eurozone are just a few potential triggers for higher volatility. Though volatility has been largely absent from the market in the past few years, recall that it was a key theme in 2011, when the market fell nearly 20% as part of a summer swoon. The VIX reflected investor angst during that period, spiking to as high as 48, or nearly 2.5 times the historical average. For ongoing protection from such events, investors would be wise to consider the IShares MSCI All Country World Minimum Volatility ETF (NYSE: ACWV ). I'm actually a fan of this $1.8-billion exchange-traded fund, or ETF, for two reasons: It cuts down significantly on volatility while providing broad, sensible exposure to U.S. and foreign stocks. And it does this without sacrificing anything in the way of returns. The fund's strategy: track the MSCI All Country World Minimum Volatility Index, a benchmark composed of 350 of the world's safest stocks. Specifically, they're the 350 least volatile components of the regular MSCI All Country World Index ( ACWI ) of 2,400 domestic and foreign stocks. As such, ACWV is tilted toward more defensive sectors like healthcare, consumer staples and utilities. It boasts many large household names with long histories of market leadership, profit growth and rising dividends. ACWV Top 15 Holdings Source:Morningstar Relatively safer, large-cap stocks like these make up 81% of ACWV, versus only a 19% allocation to smaller companies. Yet even many of the smaller stocks in the fund display well-below-average volatility because of their more defensive nature, such as Family Dollar Stores, Inc. (NYSE: FDO ), PetSmart, Inc. (Nasdaq: PETM ) and the American Water Works Company, Inc. (NYSE: AWK ), to name a few. As a result, this ETF has been 13% less volatile than the S&P 500 since its launch in October, 2011. It's 35% less volatile than the broader all-world index that it is based upon. The fund's track record supports the notion that lower-volatility stocks outperform simply by being down less in rough markets. During the past three years, shares returned 13.1% annually, compared with a 6.6% rate of return for the 2,400-stock MSCI ACWI. The stocks in the fund currently provide a 2.2% yield, 30 basis points higher than the S&P 500. The expense ratio is a very cheap 20 basis points. I see ACWV's overall asset allocation -- 59% North American stocks (mainly U.S.), 31% Asian stocks and 10% European stocks -- as optimal for today's global economy and a likely boon to performance. A primary focus on U.S. stocks makes sense, as our economy is still among the world's most transparent and reliable, with many years of solid growth ahead. I also like the sizeable allocation to Asia, where economists project outsized long-term expansion. For example, China's GDP growth, while slowing, is still expected to be more than double that of the U.S. during the next five years. Asian exposure also includes a 14% position in Japan, a potential boon because of that country's rising corporate profits, strong exports and the postponement of sales tax hikes. Plus, GDP growth in Japan is finally turning positive. Thus, some analysts project attractive long-term return potential for the Japanese stock market, which is already up nearly 7% year-to-date, compared with about a 2% gain for the S&P 500. Xavier Denis ACWV's allocation to Europe may seem too small in light of recent widespread bullishness about the region, a reaction to the announcement of a massive new central bank stimulus, similar to the Fed's stimulus program in the United States, which was completed last year. However, I think the 10% position is just right. Shareholders won't be overexposed to Europe if the new stimulus fails; many analysts believe that a lack of plans for accompanying structural changes conducive to growth will still impede Europe's growth potential. But if the program works and European stocks respond (as U.S. equities did to Fed stimulus), then the current exposure is sufficient to give ACWV a performance boost. Risks To Consider: U.S. stocks have been in a bull market for six years and are now expensive by many valuation measures. As the centerpiece of ACWV, they could hinder fund performance because their long-term return potential may now be somewhat modest , at least from current levels . Action To Take --> Volatility is likely to be a key theme throughout 2015, and investors will certainly encounter it in the years ahead. Investing in the IShares MSCI All Country World Minimum Volatility ETF is an excellent way to reduce price fluctuation in your portfolio while gaining global stock exposure. Because the fund is diversified and appropriately allocated, it's suitable as a core portfolio holding. Since the U.S. stocks that dominate the fund are so pricey, consider buying ACWV on larger dips or simply wait for the major correction so many investors strongly suspect is coming. StreetAuthority is proud to present its newest research report \"" The Top 10 Stocks For 2015. \"" Since we first began publishing this annual research report in 2003, our picks have beaten the overall market eight out of 12 years, including years with average gains of 37%\u2026 38%\u2026 and 39%. For comparison, the S&P 500 gained more than 30% in just one year since 2003. To learn more about this list of elite companies, click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. \u00a9 Copyright 2001-2016 StreetAuthority, LLC. All Rights Reserved. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for February 25, 2015 DST Systems, Inc. ( DST ) will begin trading ex-dividend on February 25, 2015. A cash dividend payment of $0.3 per share is scheduled to be paid on March 13, 2015. Shareholders who purchased DST prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that DST has paid the same dividend. The previous trading day's last sale of DST was $108.15, representing a -1.17% decrease from the 52 week high of $109.43 and a 32.16% increase over the 52 week low of $81.83. DST is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). DST's current earnings per share, an indicator of a company's profitability, is $14.87. Zacks Investment Research reports DST's forecasted earnings growth in 2015 as 8.11%, compared to an industry average of 4%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DST through an Exchange Traded Fund [ETF]? The following ETF(s) have DST as a top-10 holding: First Trust Technology AlphaDEX Fund ( FXL ) First Trust Mid Cap Value AlphaDEX Fund ( FNK ) First Trust Mid Cap Core AlphaDEX Fund ( FNX ). The top-performing ETF of this group is FXL with an increase of 11.6% over the last 100 days. It also has the highest percent weighting of DST at 2.14%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""A $127 Billion Opportunity Coming In Cloud Computing""]" ADP,2015-02-25,75.1257,75.4344,74.6721,74.9028,"Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for February 26, 2015 Evertec, Inc. ( EVTC ) will begin trading ex-dividend on February 26, 2015. A cash dividend payment of $0.1 per share is scheduled to be paid on March 19, 2015. Shareholders who purchased EVTC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that EVTC has paid the same dividend. The previous trading day's last sale of EVTC was $20.28, representing a -21.94% decrease from the 52 week high of $25.98 and a 4.75% increase over the 52 week low of $19.36. EVTC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). EVTC's current earnings per share, an indicator of a company's profitability, is $.85. Zacks Investment Research reports EVTC's forecasted earnings growth in 2015 as 3.13%, compared to an industry average of 16%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EVTC through an Exchange Traded Fund [ETF]? The following ETF(s) have EVTC as a top-10 holding: Market Vectors Latin America Small-Cap Index ETF (LATM). The top-performing ETF of this group is LATM with an decrease of -27.54% over the last 100 days. It also has the highest percent weighting of EVTC at 1.56%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-02-26,75.0212,75.0546,74.5201,74.7085,"[""Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for February 27, 2015 Jack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on February 27, 2015. A cash dividend payment of $0.25 per share is scheduled to be paid on March 18, 2015. Shareholders who purchased JKHY prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 13.64% increase over the prior quarter. The previous trading day's last sale of JKHY was $66.85, representing a -0.86% decrease from the 52 week high of $67.43 and a 28.9% increase over the 52 week low of $51.86. JKHY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). JKHY's current earnings per share, an indicator of a company's profitability, is $2.51. Zacks Investment Research reports JKHY's forecasted earnings growth in 2015 as 12.61%, compared to an industry average of -4.2%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Gains Traction, Hits 52-Week High - Analyst Blog Shares of Automatic Data Processing, Inc. ( ADP ) reached a new 52-week high of $89.70 on Feb 25. The human capital management and integrated computing solutions provider has been gaining momentum of late, following modest second-quarter fiscal 2015 results and a strengthening human capital management (HCM) business. Automatic Data Processing has returned about 13% in the last one-year period with a year-to-date return of about 6.8%. In comparison, the S&P 500 jumped 14.6% and 2.7%, respectively, during the same period. Average volume of shares traded over the last three months stands at approximately 2.1 million. Furthermore, the company has delivered a positive average earnings surprise of 1.11% over the past four quarters. This Zacks Rank #3 (Hold) stock has a market cap of approximately $42.3 billion and a long-term expected earnings growth rate of 9.8%. Key Growth Catalysts Automatic Data Processing reported modest second-quarter fiscal 2015 results. Earnings per share beat the Zacks Consensus Estimate, although revenues missed the consensus. In addition, the company provided an encouraging outlook for fiscal 2015 with earnings projected to grow in double digits and revenues in high-single digits. Moreover, this week, Automatic Data Processing revealed that it has started a 'center of excellence' in Bucharest, Romania. The new center will be the company's global delivery center for HCM services. A robust product portfolio has allowed Automatic Data Processing to hold a premier position in the payroll processing and HCM market. The new center will further strengthen the company's prowess in the domain while opening up more avenues for growth. Recently, Automatic Data Processing was once again recognized as the best company in Financial Data Services by FORTUNE magazine in the 'World's Most Admired Companies' list for 2015. The company's high retention rate is a key factor that contributes to the huge recurring revenue base. In addition, the spin-off of its dealer services segment is a major positive as it enables the company to focus better on its HCM solutions. The ongoing recovery in the job market offers more reason for optimism. Other Stocks Some other stocks that have recently been in the news for hitting 52-week highs are Equifax Inc. ( EFX ), Amazon.com Inc. ( AMZN ) and Apple Inc. ( AAPL ). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-02-27,74.7174,75.2144,74.381,74.7085, ADP,2015-03-02,74.746,75.8771,74.4954,75.8357, ADP,2015-03-03,75.3091,75.6779,74.2835,74.5921,"[""ADP Offers Slideshow Presentation Ahead of '15 Investor Day: Expecting FY15 Sales ~$11B vs $11.01B Est.; Targeting Long-Term Earnings Growth in 12-14% Range, Sales Growth in 7-9% Range"", ""ADP Offers Slideshow Presentation Ahead of '15 Investor Day: Expecting FY15 Sales ~$11B vs $11.01B Est.; Targeting Long-Term Earnings Growth in 12-14% Range, Sales Growth in 7-9% Range"", ""ADP Offers Slideshow Presentation Ahead of '15 Investor Day: Expecting FY15 Sales ~$11B vs $11.01B Est.; Targeting Long-Term Earnings Growth in 12-14% Range, Sales Growth in 7-9% Range""]" ADP,2015-03-04,74.2135,74.2578,72.7578,72.8031,"[""ADP Jobs Data Likely To Provide Backdrop For Today's Session - Economic Highlights The ADP (ADP) private-sector jobs report was released this morning, as always two days ahead of the Bureau of Labor Statistics (BLS) non-farm payroll results on Friday. 212K non-government jobs were gained in February, slightly below the 215K expected by a consensus of analysts. January's ADP report was revised upward by 37K to 250K jobs even. Employment in the Goods segment went up 31K, and Services gained 181K, displaying how important the Services industry is to the U.S. economy these days, especially in relation to generations past. Non-farm payrolls on Friday are estimated to reach 240K, and today's ADP report does not seem to indicate any revisions at this point. Of late, government payroll jobs have been added month on month, contrasting from years past when government employment demonstrated a drag on overall jobs in the U.S. Overall, for the past several months the ADP report has been running behind the Friday BLS report in overall numbers. Moody's senior economic analyst Mark Zandi, on CNBC's Squawk Box this morning, talked about 250K being the general monthly jobs growth amount for the past several months, on average. For individuals, wage growth is up, even though retiring baby boomers at higher wages are being replaced in the workforce by lower-wage millenials. We await tomorrow's Individual Jobless Claims report in addition to Friday's BLS report. Thus far in the jobs-centric part of this week, markets don't look to have much to hang their hat on. Dow and Nasdaq futures continue their moderate downtrend from yesterday's trading session at this hour. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Jobs a Tad Below Expectations - Ahead of Wall Street Wednesday, March 4, 2015 (This is Mark Vickery covering for Sheraz Mian this morning.) The ADP (ADP) private-sector jobs report was released this morning, as always two days ahead of the Bureau of Labor Statistics (BLS) non-farm payroll results on Friday. 212K non-government jobs were gained in February, slightly below the 215K expected by a consensus of analysts. January's ADP report was revised upward by 37K to 250K jobs even. Employment in the Goods segment went up 31K, and Services gained 181K, displaying how important the Services industry is to the U.S. economy these days, especially in relation to generations past. Non-farm payrolls on Friday are estimated to reach 240K, and today's ADP report does not seem to indicate any revisions at this point. Of late, government payroll jobs have been added month on month, contrasting from years past when government employment demonstrated a drag on overall jobs in the U.S. Overall, for the past several months the ADP report has been running behind the Friday BLS report in overall numbers. Moody's senior economic analyst Mark Zandi, on CNBC's Squawk Box this morning, talked about 250K being the general monthly jobs growth amount for the past several months, on average. For individuals, wage growth is up, even though retiring baby boomers at higher wages are being replaced in the workforce by lower-wage millenials. We await tomorrow's Individual Jobless Claims report in addition to Friday's BLS report. Thus far in the jobs-centric part of this week, markets don't look to have much to hang their hat on. Dow and Nasdaq futures continue their moderate downtrend from yesterday's trading session at this hour. Mark Vickery Senior Editor Note: In order to get an email alert each time this author publishes a new article, click on the 'Follow Author' link at the bottom of the top-right box of links. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-SP 500 TR (SPY): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-03-05,72.8031,73.089,72.5428,72.955,"Stock Market News for March 05, 2015 - Market News Markets ended in the red for the second consecutive day, handing the Dow and S&P 500 their worst closing levels since Feb 19. Some opined there were no real panic in the markets, nonetheless the Nasdaq was dragged away from its 5K for the second day in a row. Among the day economic numbers, the private-sector employment gains in February were lower than prior month. Separately, ISM services index showed modest improvement. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) lost 0.6%, or 106.47 points, to close at 18,096.90. The Standard & Poor's 500 (S&P 500) dropped 0.4% to 2,098.53. The tech-laden Nasdaq Composite Index closed at 4,967.14; losing 0.3%. The fear-gauge CBOE Volatility Index (VIX) edged up 2.7% to settle at 14.23. The composite volume on the New York Stock Exchange was 3.4 billion. The decliners beat the advancers on the NYSE, for 60% stocks that dropped, 37% advanced. It is a busy week in terms of labor reports, with three of them scheduled this week. The first among them was released yesterday - private-sector job creation numbers from the Automatic Data Processing, Inc. ( ADP ). A total of 212,000 private jobs were added in February, reported ADP. This was lower than the 250,000 job additions in January, which however was revised higher. February's job gains were also at the slowest pace since Aug 2014, according to ADP and Moody's Analytics. The numbers were short of market expectations too, as economists were eyeing an addition of 218,000 - 220,000 jobs. Service sector added most of the jobs. It created 181,000 jobs, which however was a 12% decline from January. Professional businesses and services added 34,000 jobs, lower than January's 49,000. However, financial services added 15, 000 more jobs than January, its biggest gain since Mar 2006. Investors are now focused on the initial claims numbers on Thursday, sandwiched between the private sector jobs data and the most crucial total non-farm payroll numbers scheduled for release on Friday. It accounts for approximately 80% of the workers who produce the entire gross domestic product of the United States. The day's other key economic data was the better-than-expected economic activity in the non-manufacturing sector in February. According to the Institute for Supply Management Non-Manufacturing Business Survey Committee, the NMI edged 0.2 percentage point higher than January's reading to 56.9% in February. The consensus estimate had pegged the same at 56.1%. The Non-Manufacturing Business Activity Index however dropped 2,1 percentage points to 59.4%. The 61 st consecutive month of improved activity in the non-manufacturing sector (as reading stayed above 50) hinted at the gradual economic recovery in the US. The US central bank had said they would evaluate economic conditions for its decision on rate hike. However, Chicago Federal Reserve President Charles Evans called for being ""patient in raising interest rates"". He said: ""I think economic conditions will evolve in a way such that it will be appropriate to delay normalizing monetary policy-that is, to hold off on raising short-term rates-until 2016"". While he acknowledged the ""solid, sustainable growth path,"" the economic activity is on, he was concerned about inflation running even lower than estimates. Yesterday's loss was broad based, as nine out of ten S&P sectors ended in the red. The only gainer was the healthcare sector. Health Care Select Sector SPDR ETF (XLV) rose 0.5%. Among key stocks, Pfizer Inc. ( PFE ), Amgen Inc. ( AMGN ), UnitedHealth Group Incorporated ( UNH ), AbbVie Inc. ( ABBV ) and Celgene Corporation ( CELG ) gained 0.2%, 0.4%, 0.9%, 1.1% and 0.9%, respectively. Industrials and Consumer staples were the day's big losers. While Industrial Select Sector SPDR ETF (XLI) lost about 0.8%, Consumer Staples Select Sector SPDR ETF (XLP) dropped 0.7%. Among industrial stocks, General Electric Company ( GE ), 3M Company ( MMM ), United Technologies Corporation ( UTX ) and The Boeing Company ( BA ) lost 0.8%, 0.7%, 0.5% and 0.8%, respectively. From the consumer staples sector, losers included The Procter & Gamble Company ( PG ), The Coca-Cola Company ( KO ), Wal-Mart Stores Inc. ( WMT ) and Philip Morris International, Inc. ( PM ). They lost 1%, 1.1%, 1% and 0.6%, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PFIZER INC (PFE): Free Stock Analysis Report AMGEN INC (AMGN): Free Stock Analysis Report UNITEDHEALTH GP (UNH): Free Stock Analysis Report ABBVIE INC (ABBV): Free Stock Analysis Report CELGENE CORP (CELG): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report 3M CO (MMM): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report PROCTER & GAMBL (PG): Free Stock Analysis Report COCA COLA CO (KO): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report PHILIP MORRIS (PM): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-03-06,72.599,73.1384,72.1878,72.3209,"[""Stock Market News for March 06, 2015 - Market News Markets snapped a two-day losing streak on Thursday, somewhat boosted by the ECB announcing a trillion-dollar stimulus plan that will kick off on Monday. Benchmarks swung up and down, but mostly stayed in positive territory and had dropped into the red for a very brief period post noon. Higher-than-expected initial claims numbers had offset some gains yesterday. It was the year's second lightest trading session, as investors refrained from betting big bucks ahead of Friday's nonfarm payroll report. The jobs numbers may influence the timing of the Fed's rate hike decision. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) gained 0.2% to close at 18,135.72. The Standard & Poor's 500 (S&P 500) added just 0.2% to move up to 2,101.04. The tech-laden Nasdaq Composite Index closed at 4,982.81; gaining 0.3%. The fear-gauge CBOE Volatility Index (VIX) dropped 1.3% to settle at 14.04. A total of about 5.7 billion shares were traded on Thursday, below the last five sessions' average of 6.5 billion. Advancers outpaced declining stocks on the NYSE. For 53% stocks that advanced, 43% declined. Markets were somewhat aided by the European Central Bank (ECB) after it announced a 1 trillion euro ($1.1 trillion) bond-buying program. The repurchase is due to start from Monday, Mar 9. As announced in January, ECB will buy government bonds worth 60 billion euros a month through a quantitative easing program. The QE program will continue till Sep 2016. ECB President Mario Draghi said the ECB would purchase these bonds even if they have a negative yield. However, the negative yield should not cross -0.2%, as they need to be within the range of ECB's deposit rate. The bank also increased growth and inflation targets. Growth estimates were revised up to 1.5%, 1.9% and 2.1% for 2015, 2016 and 2017 respectively. \""The substantial, additional easing of our monetary policy stands, supports and reinforces the emergence of more favorable developments of the euro area economy, financial market conditions and the cost of external finance for the private economy have eased further. Borrowing conditions for firms and households have improved considerably,\"" Draghi said. However, the announcement of the planned commencement of the program from Mar 9 could help markets move only marginally higher. Some analysts said the muted reaction was due to apprehensions over ECB's execution of the plan. Also, as the monetary stimulus was already announced in January, the news may have already been factored into stocks. Meanwhile, China revised its economic growth estimate to 7% for this year. The 7.4% recorded in 2014 was the slowest pace of growth in about 25 years. Economic data was disappointing yesterday. New orders for manufactured goods in January dropped for the sixth consecutive month. The metric declined 0.2% to $470 billion. In contrast, the consensus estimate had expected a 0.3% gain. Some gains were also offset by higher-than-expected addition in initial claims. The U.S. Department of Labor reported seasonally adjusted initial claims for the week ending Feb 28 at 320,000, up 7000 from prior week's unrevised level of 313,000. Gains in initial claims was also contrary to estimates of a decline to 299, 000. Initial claims numbers came a day after Automatic Data Processing, Inc. ( ADP ) reported lower private-sector job creation numbers. A total of 212,000 private jobs were added in February, lower than the 250,000 job additions in January. Now, investors await crucial nonfarm payrolls data on Friday. Consensus estimate predicts an addition of 235, 000 nonfarm jobs in February. Last month, the U.S. Department of Labor had reported that the U.S. economy created 257,000 new jobs in January. Nonetheless, another report indicating 200, 000 job additions would mean the 12th consecutive month of such gains. Separately, the NASDAQ Biotechnology index hit an all-time high after gaining 2.2%. Gains were largely boosted by the news of AbbVie Inc. ( ABBV ) acquiring Pharmacyclics Inc. ( PCYC ) for nearly $21 billion. Pharmacyclics was among the biggest gainers of the index as it jumped 10.3%. AbbVie however dropped 5.7%. The gains also helped the healthcare sector end in the green. Health Care Select Sector SPDR ETF (XLV) gained 0.4%. Key stocks from the sector such as Johnson & Johnson ( JNJ ), Gilead Sciences Inc. ( GILD ), Medtronic plc ( MDT ), Bristol-Myers Squibb Company ( BMY ) and Biogen Idec Inc. ( BIIB ) gained 0.9%, 0.3%, 0.4%, 0.6% and 2.8%, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report ABBVIE INC (ABBV): Free Stock Analysis Report PHARMACYCLICS (PCYC): Free Stock Analysis Report JOHNSON & JOHNS (JNJ): Free Stock Analysis Report GILEAD SCIENCES (GILD): Free Stock Analysis Report MEDTRONIC (MDT): Free Stock Analysis Report BRISTOL-MYERS (BMY): Free Stock Analysis Report BIOGEN IDEC INC (BIIB): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dow 30 Stock Roundup: ExxonMobil Raises $8B Debt, United Technologies JV Secures $2B Contract - Analyst Blog The Dow had another mixed week, hampered by losses on dismal economic data. The blue-chip index ended in the green on Monday, despite reports of slowdown in manufacturing activity and consumer spending. The Dow moved lower on Tuesday following a disappointing monthly car sales report and comments from Israel's Prime Minister. The blue-chip index again ended in the red on Wednesday after private-sector employment gains declined in February. The Dow snapped a two-day losing streak on Thursday, somewhat boosted by the ECB's announcement of a trillion-dollar stimulus plan that will kick off on Monday. LastWeek's Performance Last Friday, the Dow lost nearly 0.5% as investors weighed positive housing and consumer confidence data against slowdown in the U.S. economic growth. Fourth-quarter GDP increased at an annual rate of 2.2%, less than the \""advance\"" estimate of a rise by 2.6%. However, this rise in fourth quarter GDP was more than the consensus estimate of an increase by 2%. Additionally, Chicago PMI numbers touched its lowest level since Jul 2009. Meanwhile, the Pending Home Sales Index went up 1.7% to 104.2 in January, its highest level since Aug 2013. Separately, the University of Michigan and Thomson Reuters' final reading of consumer sentiment was at 95.4 in January. This was more than the consensus forecast of an increase to 93.8. Over the week, the blue-chip index dropped a meager 0.04%. Benchmarks ended mostly in negative territory for the week after decline in oil prices affected energy shares. A drop in consumer price index and increase in initial claims also dented investor sentiment. The Dow gained 5.6% in February, its best monthly gain since Jan 2013. Strong earnings results by retailers and tech companies, firming up of oil prices, and easing concerns in the Eurozone helped benchmarks register solid gains in February. Additionally, Fed chairwoman Janet Yellen said the central bank will evaluate economic conditions before considering a rate hike. She added the central bank is looking to retain flexibility to make such a decision \""on a meeting-by-meeting basis.\"" The DowThisWeek Markets ended in the green on Monday, despite reports of slowdown in manufacturing activity and consumer spending. ISM's February PMI decreased 0.6 percentage points from January's reading of 53.5% to 52.9%. Personal consumption expenditure decreased 0.2% in January. Additionally, construction spending declined 1.1%. In contrast, Markit's U.S. PMI increased to 55.1 in February, its highest level since Oct 2014. Interest cuts in China helped benchmarks gain on Monday. The People's Bank of China (PBOC) trimmed its benchmark interest rates by 25 basis points to 5.35%. PBOC cut its interest rates for the second time in three months due to deteriorating economic conditions in China. The Dow gained almost 0.9% to close at a record high for the fourth time this year, with 26 out of its 30 components ending in the green. While, Visa Inc. V gained the highest among Dow components, IBM Corp. IBM dropped the most. Shares of Visa went up 2.6%, while shares of IBM declined 0.9%. The blue-chip index lost almost 0.5% on Tuesday. Dismal monthly car sales report dragged benchmarks down from their record highs in light volume trade. Though six of the seven top auto manufacturers reported year-to-year sales increases in February, they were all behind market expectations. Total US sales increased 5.3% in February to 1,257,619 vehicles, according to Autodata. This was short of expectations of a 7.1% increase. Meanwhile, industry annualized sales rate was 16.23 million vehicles in February, well short of the 16.7 million estimates. Also affecting the markets was Israeli Prime Minister Benjamin Netanyahu's criticism of the White House and Iran's attempts to reach a nuclear deal. He warned Congress against accepting the deal, which he said is a \""countdown to a potential nuclear nightmare'' by a country which \""will always be an enemy of America.\"" Stocks ended in the red for the second consecutive day on Wednesday, handing the Dow its worst closing level since Feb 19. The blue-chip index lost 0.6%. Private-sector employment gains in February were lower than prior month while ISM services index showed modest improvement. A total of 212,000 private jobs were added in February, reported Automatic Data Processing, Inc. ADP . This was lower than the 250,000 job additions in January. February's job gains were also at the slowest pace since Aug 2014, according to ADP and Moody's Analytics. The numbers were short of market expectations too, as economists were eyeing an addition of 218,000 - 220,000 jobs. Separately, ISM services index came in 0.2 percentage point higher than January's reading to 56.9% in February. The 61st consecutive month of improved activity in the non-manufacturing sector (as reading stayed above 50) hinted at the gradual economic recovery in the U.S. The Dow snapped a two-day losing streak on Thursday, somewhat boosted by the ECB's announcement of a trillion-dollar stimulus plan that will kick off on Monday. As announced in January, ECB will buy government bonds worth 60 billion euros a month through a quantitative easing program. The QE program will continue til Sep 2016. ECB President Mario Draghi said the ECB would purchase these bonds even if they have a negative yield. However, the negative yield should not cross -0.2%, as they need to be within the range of ECB's deposit rate. Higher-than-expected initial claims numbers had offset some gains on Thursday. Initial claims for the week ending Feb 28 came in at 320,000, up 7000 from prior week's unrevised level of 313,000. Additionally, new orders for manufactured goods in January dropped for the sixth consecutive month. Despite these headwinds, the blue-chip index gained 0.2% ComponentsMovingthe Index United Technologies Corp. 's UTX subsidiary Sikorsky Aircraft Corp Maritime and Lockheed Martin Corp.'s LMT joint venture (\""JV\"") Helicopter Support Co. (\""MHSCo\""), has been awarded a $2 billion contract by the U.S. Navy for the support of the H-60 aircraft. The fixed-price, performance-based logistics contract requires 1710 assemblies and parts to service the H-60 aircraft. Moreover, the JV will provide services including repair, modification, overhaul and replacement of hardware in addition to manufacturing of new material for the aircraft. The contract work is expected to be over by Jan 31, 2020. JPMorgan Chase & Co.JPM announced the redemption of trust preferred securities (TruPS) worth $1.5 billion. The securities to be fully redeemed include 6.70% Capital Securities, Series CC. The redemption is scheduled to take place on Apr 2, 2015. The redemption will be in accordance with the voluntary redemption provisions present in the documents relating to the TruPS. Further, JPMorgan has fixed the price of redemption of securities at 100% of the liquidation amount. The company will pay this redemption price along with the distribution outstanding and due on the securities up to the date of redemption to its shareholders. JPMorgan further added that it will utilize the existing available cash to fund these redemptions. IBM Corp. will buy startup company AlchemyAPI, a machine-learning systems company, in order to boost its Watson technology. The software, which learns as it goes and gets smarter the more it works, allows users to arrange disparate information together on a certain topic or event, and find similar articles or information sources. It also helps advertisers target online ads better. ExxonMobil Corp.XOM raised $8 billion of debt in its biggest bond offering since the crude prices started falling last June, according to Bloomberg. The debts were issued through a combination of fixed cum floating rate notes divided into seven parts. Reportedly, the energy behemoth initially planned to raise $7 billion, but boosted the deal by about 14% to $8 billion. ExxonMobil plans to use the proceeds for general corporate purposes, including acquisitions, capital expenditures and refinancing. General Electric Company 's GE unit Milestone Aviation Group, a GE Capital Aviation Services company (GECAS), recently announced major expansion plans. These include opening of offices in new international markets while increasing its workforce in the existing strongholds in Europe. Milestone will be expanding its presence in three new regions - Asia, South America and the Middle East/Africa. While continuing to strengthen its presence in Europe, Milestone will also be opening offices in Singapore; Sao Paulo, Brazil and the United Arab Emirates in this year. The Goldman Sachs Group, Inc.GS is set to cut the size of its investment-banking team in Singapore by around 30% compared to the beginning of the year. The news was first reported by Bloomberg, citing people familiar with the matter. Since the beginning of January this year, around 15 people including three senior officials have been reported to be leaving or have left Goldman's investment banking unit in Singapore. Weak performance in Southeast Asia and a decline in deal value might have prompted Goldman to reduce the size of the staff in the region. Verizon Communications Inc.VZ , will soon become the first carrier to deploy Swedish telecommunications company Ericsson's ERIC Radio Dot small cell system in the U.S. Notably, the carrier has installed Ericsson's small cell system at its regional headquarters in Detroit, MI. The Dot is an innovative solution that will significantly boost the carrier's indoor mobile network coverage and capacity. Moreover, Verizon will use the small cells to support its HD voice service and video calling over LTE as well. Verizon's Detroit headquarters will provide a foundation for the assessment of Radio Dot system. The first commercial deployment of Ericsson's Dot had been carried out in Dec 2014, when Vodafone Group plc VOD had rolled it out at Radboud University in Nijmegen. In addition to the Dot cell rollout, Verizon announced that it has successfully demonstrated the achievability of international Voice over LTE (VoLTE) roaming between different regions of the world with two international telcos - NTT DOCOMO, Inc. DCM and KT Corp. KT . Performance of the Top 10 Dow Companies The table given below shows the price movements of the 10 largest components of the Dow, which is a price weighted index, over the last five days and during the last six months. Over the last five trading days, the Dow has remained flat. Next Week's Outlook Oil prices have taken a backseat this week, with economic reports dominating market proceedings for a change. While some indicators such as the ISM services index and pending home sales have been encouraging, others have dampened investor sentiment. Jobs data in particular have negatively impacted markets. Lower private sector job additions and higher initial claims have added to investor concerns. Meanwhile, the ECB's stimulus program has provided some encouragement to investors. However, it is likely that domestic economic reports will guide markets going forward. The most keenly awaited among these are today's nonfarm payroll numbers. Several other crucial reports will follow, including data on retail sales, wholesale and business inventories as well as PPI. If most of these are positive in nature, markets may yet again chalk up steady gains in the days ahead. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMORGAN CHASE (JPM): Free Stock Analysis Report VISA INC-A (V): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report KT CORP (KT): Free Stock Analysis Report NTT DOCOMO -ADR (DCM): Get Free Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report ERICSSON LM ADR (ERIC): Free Stock Analysis Report VERIZON COMM (VZ): Free Stock Analysis Report VODAFONE GP PLC (VOD): Free Stock Analysis Report LOCKHEED MARTIN (LMT): Free Stock Analysis Report GOLDMAN SACHS (GS): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-03-09,72.2055,73.1641,72.2055,73.0279,"MIND C.T.I. Ltd. (MNDO) Ex-Dividend Date Scheduled for March 10, 2015 MIND C.T.I. Ltd. ( MNDO ) will begin trading ex-dividend on March 10, 2015. A cash dividend payment of $0.3 per share is scheduled to be paid on March 26, 2015. Shareholders who purchased MNDO prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 25% increase over the prior year. The previous trading day's last sale of MNDO was $3.9, representing a -8.45% decrease from the 52 week high of $4.26 and a 110.82% increase over the 52 week low of $1.85. MNDO is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). MNDO's current earnings per share, an indicator of a company's profitability, is $.29. For more information on the declaration, record and payment dates, visit the MNDO Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-03-10,72.3465,72.5822,71.6088,71.6088,"[""SouFun Holdings Limited (SFUN) Ex-Dividend Date Scheduled for March 11, 2015 SouFun Holdings Limited ( SFUN ) will begin trading ex-dividend on March 11, 2015. A cash dividend payment of $0.2 per share is scheduled to be paid on March 31, 2015. Shareholders who purchased SFUN prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of SFUN was $6.09, representing a -67.54% decrease from the 52 week high of $18.76 and a 2.87% increase over the 52 week low of $5.92. SFUN is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SFUN's current earnings per share, an indicator of a company's profitability, is $.58. Zacks Investment Research reports SFUN's forecasted earnings growth in 2015 as -16.83%, compared to an industry average of -2.7%. For more information on the declaration, record and payment dates, visit the SFUN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for March 11, 2015 Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on March 11, 2015. A cash dividend payment of $0.49 per share is scheduled to be paid on April 01, 2015. Shareholders who purchased ADP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.08% increase over the same period a year ago. The previous trading day's last sale of ADP was $86.84, representing a -3.76% decrease from the 52 week high of $90.23 and a 23.18% increase over the 52 week low of $70.50. ADP is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Infosys Limited ( INFY ). ADP's current earnings per share, an indicator of a company's profitability, is $2.98. Zacks Investment Research reports ADP's forecasted earnings growth in 2015 as -6.99%, compared to an industry average of 5.5%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ADP through an Exchange Traded Fund [ETF]? The following ETF(s) have ADP as a top-10 holding: SPDR MS Technology ( MTK ) iShares MSCI All Country World Minimum Volatility Index Fund ( ACWV ) iShares MSCI USA Minimum Volatility ETF ( USMV ) Schwab US Dividend Equity ETF ( SCHD ). The top-performing ETF of this group is MTK with an increase of 15.81% over the last 100 days. It also has the highest percent weighting of ADP at 2.9%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Quality Systems, Inc. (QSII) Ex-Dividend Date Scheduled for March 11, 2015 Quality Systems, Inc. ( QSII ) will begin trading ex-dividend on March 11, 2015. A cash dividend payment of $0.175 per share is scheduled to be paid on April 03, 2015. Shareholders who purchased QSII prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that QSII has paid the same dividend. The previous trading day's last sale of QSII was $16.37, representing a -13.34% decrease from the 52 week high of $18.89 and a 25.83% increase over the 52 week low of $13.01. QSII is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). QSII's current earnings per share, an indicator of a company's profitability, is $.36. Zacks Investment Research reports QSII's forecasted earnings growth in 2015 as -22.39%, compared to an industry average of 7.6%. For more information on the declaration, record and payment dates, visit the QSII Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to QSII through an Exchange Traded Fund [ETF]? The following ETF(s) have QSII as a top-10 holding: PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 20.74% over the last 100 days. It also has the highest percent weighting of QSII at 3.07%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""13 Dividend-Paying Stocks That Offer Growth Too Tom Huber of the T. Rowe Price Dividend Growth fund has beaten the market in his 15 years at the helm.""]" ADP,2015-03-11,71.889,72.2656,71.592,71.889, ADP,2015-03-12,72.2439,73.1552,71.9954,73.0703, ADP,2015-03-13,72.8189,73.1384,72.1651,72.6394, ADP,2015-03-16,73.1808,74.0359,72.9106,73.882, ADP,2015-03-17,73.5112,73.8584,73.2163,73.2814,"[""Brean Initiates Paycom With 40% Upside Target"", ""Brean Initiates Paycom With 40% Upside Target"", ""Convergys Corporation (CVG) Ex-Dividend Date Scheduled for March 18, 2015 Convergys Corporation ( CVG ) will begin trading ex-dividend on March 18, 2015. A cash dividend payment of $0.07 per share is scheduled to be paid on April 03, 2015. Shareholders who purchased CVG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CVG has paid the same dividend. The previous trading day's last sale of CVG was $22.36, representing a -7.83% decrease from the 52 week high of $24.26 and a 28.8% increase over the 52 week low of $17.36. CVG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). CVG's current earnings per share, an indicator of a company's profitability, is $1.13. Zacks Investment Research reports CVG's forecasted earnings growth in 2015 as 6.41%, compared to an industry average of 5.1%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CVG through an Exchange Traded Fund [ETF]? The following ETF(s) have CVG as a top-10 holding: WBI SMID Tactical Value Shares ( WBIB ). The top-performing ETF of this group is WBIB with an increase of 3.3% over the last 100 days. It also has the highest percent weighting of CVG at 0.04%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Computer Task Group, Incorporated (CTG) Ex-Dividend Date Scheduled for March 18, 2015 Computer Task Group, Incorporated ( CTG ) will begin trading ex-dividend on March 18, 2015. A cash dividend payment of $0.06 per share is scheduled to be paid on April 01, 2015. Shareholders who purchased CTG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that CTG has paid the same dividend. The previous trading day's last sale of CTG was $7.39, representing a -58.48% decrease from the 52 week high of $17.80 and a 1.37% increase over the 52 week low of $7.29. CTG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). CTG's current earnings per share, an indicator of a company's profitability, is $.64. Zacks Investment Research reports CTG's forecasted earnings growth in 2015 as -51.3%, compared to an industry average of .4%. For more information on the declaration, record and payment dates, visit the CTG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Brean Initiates Paycom With 40% Upside Target""]" ADP,2015-03-18,73.2736,74.2302,72.3712,73.882,"Cloud Player Paycom Software Sizzles On HR Sales Wins E mployees are required to work, but they also make work for their employers, who need to process payrolls, comply with regulations, track and dispense benefits and programs -- and more. Enter the outsourcers. As more companies decide to put all the data and technology that goes into human resources management on the Internet or ""cloud,"" opportunities are rising for nimble providers of cloud-based solutions. One of the fastest growing of these so-called human-capital management, or HCM, cloud providers isPaycom Software ( PAYC ). It helps businesses automate and manage what it calls the ""complete employment life cycle from recruitment to retirement."" Founded in 1998 by CEO Chad Richison, Paycom has diversified from its roots in payroll processing into a broader range of HCM applications. Since the company went public in April 2014 at an offering price of 15, its stock has more than doubled. Revenue last year soared 40% to $151 million. Working New Angles A majority of Paycom's revenue still comes from payroll processing. But now payroll is a starting point: the firm upsells customers higher-margin HCM products that handle such things as talent acquisition and time and labor management. In December, Paycom launched a new ""dashboard"" to its existing compliance solution on the Affordable Care Act to navigate the new employer mandate that went into effect in January. Earlier this year Paycom rolled out a new ""learning management"" system. Paycom targets midsize companies with employees of 50 to 2,000. But some customers are larger, including three added in the fourth quarter. One longer-standing client employs more than 8,000. Paycom's services are delivered as a single software-as-a-service application, making use of a single, multi-tenant database. It's a relatively low-cost solution but one that still allows for decent returns, analysts say. ""A lot of SaaS companies of this size are losing money. This company is making money, though not much,"" said Jim Macdonald, an analyst with First Analysis Securities. Small as that profit is, it is growing. In Q4, the company earned $3.1 million, or 6 cents per share, vs. a slight loss a year earlier. Analysts polled by Thomson Reuters expect Q1 earnings of 8 cents a share, up from 3 cents a year earlier. They see a 47% gain in full-year earnings to 28 cents on a per-share basis, up from 19 cents in 2014. In contrast,Paylocity ( PCTY ), which is viewed as Paycom's closest like-kind rival, has mostly logged quarterly losses, though revenue is growing at a fast clip. Revenue in Paycom's fourth quarter jumped 45% year-over-year to $44 million, the highest percentage gain in a long string of strong double-digit increases. Analysts expect revenue to climb another 31% this year to $197.1 million, according to Thomson Reuters. Sales People And Software Much of Paycom's success has to do with its integrated software, says Richard Davis, an analyst with Canaccord Genuity. ""But in the end a lot of it has to do with paying attention to customers,"" Davis said. ""It's good software with very good sales people. ""The (sales reps) at Paycom are hustling. They're out knocking on doors. It's as old fashioned as any American business out there."" Racing For Customers Paycom opened five new sales offices in Q1, for 35 in total, all in the U.S. Paycom hires a lot of recent college graduates, with some work experience under their belts, and then trains them, Macdonald says. Pricing is based on the number of customers' employees and the number of apps utilized. Davis figures that Paycom would get $20 per month per employee if all its apps were utilized, up from a starting point of around $10 or less per month. However, that could take some time. ""Right now it's a race to see who can get the customers,"" he said. ""It's like an open field and everyone is trying to get as many customers as they can. Once you land them they are sticky because it's a pain to switch."" Companies typically switch payroll/HCM vendors every five to 10 years, he says. At the end of 2014, Paycom served more than 12,000 clients and stored data for around 1.6 million of their employees. Its high customer retention rate -- steady lately at 91% -- is ""more reflective of an enterprise customer base and demonstrates the strategic value of Paycom's solutions,"" Jefferies analyst John DiFucci said in a research note. Another successful cloud-focused firm isUltimate Software ( ULTI ), which saw revenue rise 23% in 2014 to $505.9 million. Not to be left behind, much bigger incumbents with legacy technology are expanding into cloud solutions.Automatic Data Processing ( ADP ), for example, is ""heavily investing in and quickly transitioning clients to new platforms,"" noted JPMorgan analyst Mark Murphy in a research note. Paychex ( PAYX ), which targets small-to-midsize firms, has added an SaaS platform called SurePayroll, he added. Citing industry estimates in government filings, Paycom sizes the U.S. market for HCM applications in 2015 at roughly $7 billion, excluding payroll services. For payroll services alone it's an estimated $16.8 billion. But more ""narrowly defined"" to address the midmarket cloud space Paycom targets, Davis says the firm's addressable market is much smaller, perhaps $3 billion or more -- ""still plenty big."" ""In a given year by our math $200 or $300 million in contracts are up in the air to be won"" by Paycom, Davis said. In payroll outsourcing, Paycom is displacing incumbents such as ADP, privately held Ceridian, Paychex andIntuit (INTU), Murphy notes. And in broader HCM solutions it's homing in on the likes of the fast-growingWorkday (WDAY) as well asCornerstone OnDemand (CSOD). Oracle (ORCL) andSAP (SAP) are rivals in both payroll and the broader HCM space. New products and new sales offices will continue to fuel revenue growth, analysts say. Paycom's execs have said the firm can grow to more than 100 sales offices in the U.S. and may eventually expand into international markets. DiFucci notes that some investors are concerned about the impact of low oil prices on employment in some of Paycom's mature offices in oil-patch markets. But in a Q4 conference call on Feb. 10, CEO Richison said Paycom had not seen any impact from changes in the oil price. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-03-19,73.9925,74.2568,73.815,73.8998,"Evolving Systems, Inc. (EVOL) Ex-Dividend Date Scheduled for March 20, 2015 Evolving Systems, Inc. ( EVOL ) will begin trading ex-dividend on March 20, 2015. A cash dividend payment of $0.11 per share is scheduled to be paid on March 31, 2015. Shareholders who purchased EVOL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that EVOL has paid the same dividend. The previous trading day's last sale of EVOL was $8.49, representing a -25.46% decrease from the 52 week high of $11.39 and a 10.69% increase over the 52 week low of $7.67. EVOL is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). EVOL's current earnings per share, an indicator of a company's profitability, is $.46. For more information on the declaration, record and payment dates, visit the EVOL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-03-20,74.2646,74.4323,73.9925,74.24, ADP,2015-03-23,74.4501,74.4501,73.8337,73.8495, ADP,2015-03-24,73.7124,74.0961,73.5516,73.5516, ADP,2015-03-25,73.6986,73.7124,71.6749,71.6749,"[""Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for March 26, 2015 Computer Sciences Corporation ( CSC ) will begin trading ex-dividend on March 26, 2015. A cash dividend payment of $0.23 per share is scheduled to be paid on April 24, 2015. Shareholders who purchased CSC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CSC has paid the same dividend. The previous trading day's last sale of CSC was $65.73, representing a -10.32% decrease from the 52 week high of $73.29 and a 21.21% increase over the 52 week low of $54.23. CSC is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSC's current earnings per share, an indicator of a company's profitability, is $.96. Zacks Investment Research reports CSC's forecasted earnings growth in 2015 as 17.97%, compared to an industry average of 1.4%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CSC through an Exchange Traded Fund [ETF]? The following ETF(s) have CSC as a top-10 holding: iShares iBonds Mar 2018 Corporate ETF ( IBDB ). The top-performing ETF of this group is IBDB with an increase of 0.23% over the last 100 days. It also has the highest percent weighting of CSC at 0.07%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex (PAYX) Q3 Earnings Meet Estimates, Revenues Beat - Analyst Blog Paychex Inc.PAYX reported decent third-quarter fiscal 2015 results wherein the bottom line matched the Zacks Consensus Estimate while the top line surpassed the same. Moreover, on a year-over-year basis, both revenues and earnings improved. The company's quarterly earnings of 46 cents per share were in line with the Zacks Consensus Estimate but increased 4.5% from the year-ago quarter mainly driven by improved top-line performance. Paychex Inc. - Earnings Surprise | FindTheCompany Quarter Details Paychex reported total revenue (including Interest on funds held for clients) of $704.3 million which increased 8% from the year-ago quarter and beat the Zacks Consensus Estimate of $702 million. Excluding interest on funds held for clients, total services revenue (Payroll service and Human Resource Services) also grew 8% from the year-ago quarter to $693.6 million. Payroll Service segment revenues went up 2% from the year-ago period to $423.8 million, primarily on the back of higher revenue per check and client base. Human Resource Services segment revenues increased 19% year over year to $269.8 million mainly driven by solid growth in client base and worksite employees, increased revenues from retirement and online HR administration services. Interest on funds held for clients increased 2% on a year-over-year basis to $10.7 million primarily benefitting from 3% rise in average investment balances owing to increase in client base and wage inflation. Paychex's total expenses increased 10% from the year-ago quarter to $440 million due to 6% rise in compensation-related expenses and 3% due to costs associated with its new minimum premium plan health insurance offering within its professional employer organization. Total expenses, as a percentage of total revenue, increased 100 basis points (bps) on a year-over-year basis to 62%. Consequently, Paychex's operating margin contracted 100 bps to 37.5%. However, in dollar terms, reported operating income increased 5% year over year to $264.3 million. Excluding interest on funds held for clients, Paychex's operating income came in at $255.6 million or 36.9% of total services revenue compared with $241.7 million or 37.8% in the year-ago period. Net income came in at $169.4 million or 46 cents, which improved from $160.1 million or 44 cents reported in the year-ago quarter. Balance Sheet & Cash Flow Paychex exited the quarter with cash and cash equivalents of $265.3 million compared with $140.4 million in the previous quarter. Corporate investments were $355.5 million versus $388.6 million at the end of second-quarter fiscal 2015. The company has no long-term debt. The company generated operating cash flow of $692.8 million in the first three quarters of fiscal 2015. During the first nine months of fiscal 2015, Paychex repurchased approximately $70.4 million common stocks and paid dividends worth $414.4 million. Guidance Paychex maintained the fiscal 2015 guidance provided in Jun 2014. Management expects 3-5% increase in Payroll Service revenues from the year-ago period. Human Resource Services revenues are expected to increase in the range of 16-19%. Total service revenue is expected to increase in the range of 8-10%. Interest on funds held for clients and investment income for fiscal 2015 are expected to remain flat, primarily affected by low interest rate. Net income for fiscal 2015 is expected in the range of 6-8%. Net operating income as a percentage of service revenues is expected within 37% to 38% for fiscal 2015. The effective income tax rate for fiscal 2015 is expected to be same as the fiscal 2014 guidance (36-37%). Our Take Paychex reported decent third-quarter results wherein the bottom line was in line with the Zacks Consensus Estimate while the top line beat. Moreover, on a year-over-year basis, both revenues and earnings increased. The company reiterated the fiscal 2015 outlook, which signifies that it is relatively well-placed despite the current macroeconomic sluggishness. Moreover, we remain encouraged by the company's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives, such as joint ventures and acquisitions, support its long-term growth strategy. Product launches are expected to provide additional support. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide growth opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity NSP remain the headwinds. Currently, Paychex has a Zacks Rank #3 (Hold). A better-ranked stock in the outsourcing industry is Broadridge Financial Solutions Inc. BR carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PAYCHEX INC (PAYX): Free Stock Analysis Report BROADRIDGE FINL (BR): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-03-26,71.2706,71.7016,70.9727,71.3987,"Amdocs Limited (DOX) Ex-Dividend Date Scheduled for March 27, 2015 Amdocs Limited ( DOX ) will begin trading ex-dividend on March 27, 2015. A cash dividend payment of $0.17 per share is scheduled to be paid on April 16, 2015. Shareholders who purchased DOX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 9.68% increase over the prior quarter. The previous trading day's last sale of DOX was $53.41, representing a -1.64% decrease from the 52 week high of $54.30 and a 21.21% increase over the 52 week low of $44.06. DOX is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). DOX's current earnings per share, an indicator of a company's profitability, is $2.82. Zacks Investment Research reports DOX's forecasted earnings growth in 2015 as 5.65%, compared to an industry average of .8%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: Market Vectors Israel ETF ( ISRA ) PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 12.44% over the last 100 days. ISRA has the highest percent weighting of DOX at 5.12%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-03-27,71.3356,71.8199,71.2193,71.5832,"[""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for March 30, 2015 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on March 30, 2015. A cash dividend payment of $0.1 per share is scheduled to be paid on April 21, 2015. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 25% increase over the prior quarter. The previous trading day's last sale of TYPE was $32.48, representing a -2.99% decrease from the 52 week high of $33.48 and a 38.1% increase over the 52 week low of $23.52. TYPE is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). TYPE's current earnings per share, an indicator of a company's profitability, is $.8. Zacks Investment Research reports TYPE's forecasted earnings growth in 2015 as -5.1%, compared to an industry average of 4.9%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for March 30, 2015 Pegasystems Inc. ( PEGA ) will begin trading ex-dividend on March 30, 2015. A cash dividend payment of $0.03 per share is scheduled to be paid on April 15, 2015. Shareholders who purchased PEGA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PEGA has paid the same dividend. The previous trading day's last sale of PEGA was $21.35, representing a -8.92% decrease from the 52 week high of $23.44 and a 37.65% increase over the 52 week low of $15.51. PEGA is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). PEGA's current earnings per share, an indicator of a company's profitability, is $.42. Zacks Investment Research reports PEGA's forecasted earnings growth in 2015 as 6.9%, compared to an industry average of 4.9%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-03-30,71.8623,72.8859,71.8288,72.6493, ADP,2015-03-31,72.1906,73.026,72.0487,72.4343, ADP,2015-04-01,72.5141,72.5141,71.3288,72.1148,"Correction: Mid-Day Update: U.S. Stocks Decline After Weak Jobs Data; Construction Spending Also Unexpectedly Falls Repeating 12:33 p.m. Mid-Day Update to correct for bad line breaks in original text. U.S. stocks were lower in midday trading Wednesday following weaker-than-expected hiring and housing data today. Private sector employers added 189,000 new workers during March, according to Automatic Data Processing ( ADP ), coming in below the 250,000 hires economists were expecting. U.S. construction spending also fell 0.1% in February, surprising experts expecting a 0.2% increase. January construction also was revised downward to a 1.7% decline from initial reports of a 1.1% drop while December spending was raised to a 1.0% increase from original reports of a 0.8% gain. Crude oil for May delivery was up 2.98% at $49.01 per barrel. Natural gas was down 1.3% at $2.60 per 1 million BTU. Gold was up 1.52% to $1,201 an ounce, while silver was down up 1.46% at $16.48 an ounce. Copper was up 0.29% at $2.75 per pound. Among energy ETFs, the United States Oil Fund ( USO ) was up 3.4% $17.42 with the United States Natural Gas ( UNG ) was down 1.21% at $13.08. Among precious-metal funds, the Market Vectors Gold Miners ETF ( GDX ) was up 3.15% at $18.82 while SPDR Gold Shares. Here's where the U.S. markets stand at mid-day: NYSE Composite Index down 19.32 (-0.18%) to 10,879.86 Dow Jones Industrial Average down 126.68 (-0.71%) to 17,649.44 S&P 500 down 12.99 (-0.63%) to 2,054.90 Nasdaq Composite Index down 38.47 (-0.78%) to 4,862.42 GLOBAL SENTIMENT Nikkei 225 Index down 0.90% Hang Seng Index up 0.73% Shanghai China Composite Index up 1.66% FTSE 100 Index up 0.54% CAC 40 up 0.57% DAX up 0.29% NYSE SECTOR INDICES NYSE Energy Sector Index up 0.77% NYSE Financial Sector Index up 0.09% NYSE Healthcare Sector Index down 0.79% UPSIDE MOVERS UPSIDE MOVERS (+) IMDZ, Reports positive results from Phase III testing of two immuno-oncology agents, supporting continued product development. (+) FI, Announces plans to trim its workforce by 400 to 600 employees. (+) DYAX, Climbs to more than a 14-year high after saying its DX-2930 drug candidate demonstrated positive pharmacokinetic, biomarker, and efficacy results during Phase Ib testing. DOWNSIDE MOVERS (-) TM, Reports 4.9% increase in March sales compared with year-ago levels to 225,959 units, topping estimates for a 4.4% gain. (-) MSI, Acquires privately held PublicEngines, which provides cloud-based crime analysis, predictive policing and citizen engagement applications for law enforcement agencies and governments. (-) AKAO, Falls to a lifetime low after saying it plans to start an additional Phase II trial to evaluate the safety and effectiveness of its plazomicin drug candidate for the treatment of complicated urinary tract infections. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-04-02,72.6118,73.2322,72.2943,72.6758,"Stock Market News for April 02, 2015 - Market News Benchmarks ended the first trading session of the second quarter in the red on weak economic data. Both private payrolls and manufacturing data were weaker than anticipated. The S&P 500 closed below its 50-day moving average, with 7 out of 10 S&P 500 sectors ending in the red. The Dow also witnessed more than two-third of its 30 components ending in negative territory. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) declined 0.4%, to close at 17,698.18. The Standard & Poor's 500 (S&P 500) also decreased 0.4% to 2,059.69. The tech-laden Nasdaq Composite Index closed at 4,880.23; losing 0.4%. The fear-gauge CBOE Volatility Index (VIX) dropped 1.2% to settle at 15.11. A total of about 6.9 billion shares were traded on Wednesday, higher than the last five trading sessions' average of 6.5 billion. Advancers outpaced declining stocks on the NYSE. For 51% stocks that advanced, 45% declined. Private sector job additions were weaker than expected in March. The national employment report from Automatic Data Processing, Inc. ( ADP ) showed 189,000 private jobs were added in March, less than expectations of an increase of 230,000 jobs. March's job additions were also lower than February's revised figure of 214,000. The weak ADP report on private-sector hiring came in ahead of Friday's nonfarm payroll data for March. Total non-farm payroll accounts for approximately 80% of the workers who produce the entire GDP of the United States. Analysts are expecting an addition of 247,000 nonfarm payroll jobs in March, less than February's figure of 295,000. However, they believe the unemployment rate will remain unchanged at 5.5%. Meanwhile, manufacturing activity in the U.S. expanded at the slowest pace in March since May 2013. The Institute for Supply Management reported its March PMI had dropped 1.4 percentage points from February's reading of 52.9% to 51.5%. The drop to 51.5% in March was more than the consensus estimate of a decrease to 52.7%. Additionally, the New Orders Index declined 0.7% from February to 51.8% in March. However, the Production Index stood at 53.8%, increasing a meager 0.1 percentage points from February's reading of 53.7%. Separately, the US Census Bureau of the Department of Commerce reported construction spending of $967.2 billion in February. This was down 0.1% from revised January estimate of $967.9 billion. This decrease in the payout by builders on residential and nonresidential structures was in line with the consensus estimate. U.S. auto sales report showed domestic-made vehicle sales climbed to an annualized rate of 13.7 million in March, more than the consensus expectation of an increase to 13.2 million. Ford Motor Co. ( F ) and General Motors Company ( GM ) reported year-on-year declines in U.S. vehicle sales in March by 3.4% and 2.4%, respectively. Shares of Ford Motor and General Motors declined 1.4% and 2%, respectively. On the other hand, Fiat Chrysler Automobiles N.V. ( FCAU ) and Toyota Motor Corporation ( TM ) said their March sales figures in the U.S. increased 1.7% and 4.9%, respectively. Shares of Fiat Chrysler Automobiles gained 0.3%. However, shares of Toyota Motor decreased 1%. The Health Care Select Sector SPDR (XLV) declined 1%, the highest among the S&P 500 sectors. Bio-tech stocks contributed to the sector's underperformance. Biogen Idec Inc. ( BIIB ), Celgene Corporation ( CELG ), Vertex Pharmaceuticals Incorporated ( VRTX ) and Regeneron Pharmaceuticals, Inc. ( REGN ) decreased 2%, 0.6%, 1.3% and 2.3%, respectively. The SPDR S&P Homebuilders ETF (XHB) declined 0.9% and was the second biggest loser among the S&P 500 sectors. Key holdings including Ryland Group Inc. ( RYL ), Toll Brothers Inc. ( TOL ), and The Home Depot, Inc. ( HD ) decreased 1%, 0.5% and 0.4%, respectively. Separately, the Industrial Select Sector SPDR (XLI) declined 0.7% due to decline in transportation stocks. Airline companies led the decline among transportation stocks. Delta Air Lines Inc. ( DAL ), American Airlines Group Inc. ( AAL ) and United Continental Holdings, Inc. ( UAL ) dropped 3.8%, 4.4% and 4.8%, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report FORD MOTOR CO (F): Free Stock Analysis Report GENERAL MOTORS (GM): Free Stock Analysis Report FIAT CHRYSLER (FCAU): Free Stock Analysis Report TOYOTA MOTOR CP (TM): Free Stock Analysis Report BIOGEN IDEC INC (BIIB): Free Stock Analysis Report CELGENE CORP (CELG): Free Stock Analysis Report VERTEX PHARM (VRTX): Free Stock Analysis Report REGENERON PHARM (REGN): Free Stock Analysis Report RYLAND GRP INC (RYL): Free Stock Analysis Report TOLL BROTHERS (TOL): Free Stock Analysis Report HOME DEPOT (HD): Free Stock Analysis Report DELTA AIR LINES (DAL): Free Stock Analysis Report AMER AIRLINES (AAL): Free Stock Analysis Report UNITED CONT HLD (UAL): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-04-06,72.452,73.3001,72.2519,72.954, ADP,2015-04-07,72.9353,73.2736,72.5881,72.6157, ADP,2015-04-08,72.4807,73.3328,72.3416,73.2233,"Should AbbVie, Inc. Buy Acadia Pharmaceuticals to Help Fight Parkinson's Disease? The healthcare sector is unquestionably going through a period of major consolidation. And with dozens of additional blockbuster drugs scheduled to lose patent protection soon, this trend will probably continue for the foreseeable future. AbbVie is one name in particular that's been aggressively pursuing major deals ahead of the patent expiration for its lead anti-inflammatory drug Humira. Specifically, the company was initially courting Irish biopharma Shire before backing out, and later cut a massive $21 billion deal for cancer drugmaker Pharmacyclics . Given that this buyout won't entirely solve AbbVie's problems stemming from the loss of exclusivity for Humira, we're likely to see the drugmaker go after another, albeit much smaller, biopharma in the near term. Indeed, the company's management admitted in a recent investor conference call that they are considering a second acquisition. So, this raises the question: Which small or mid-cap biopharma should AbbVie consider? A great strategic fit Acadia Pharmaceuticals is developing a selective serotonin inverse agonist, Nuplazid (pimavanserin), indicated for Alzheimer's (ADP) and Parkinson's disease psychosis (PDP), as well as schizophrenia. This small-molecule drug previously reported strong late-stage results for its most advanced indication, PDP, back in 2012, garnering Fast Track status with the Food and Drug Administration in the process. Despite fairly robust results for PDP and having Fast Track status, Acadia has been unable to push the drug into a regulatory review with the FDA. While some of these delays have been due to the need for additional supportive studies to wrap up first, the bulk of it appears to be Acadia's inexperience at handling a regulatory submission and preparing for a drug's subsequent commercialization. Perhaps as a direct consequence of these issues, we witnessed the company's longtime CEO Uli Hacksell abruptly retire last month, even relinquishing his seat on the Board. This is certainly a big reason Acadia may wish to simply sell itself to a big pharma at this juncture. Source: Flickr via Matthew Anderson. For AbbVie's part, the pharma giant would gain a key asset that is expected to generate upwards of $3 billion in sales for its first indication alone, which would dovetail with the company's growing neuroscience franchise. Specifically, Nuplazid should conceivably create important marketing synergies with AbbVie's newly-approved intestinal gel Duopa, used to alleviate involuntary motor fluctuations in people with advanced Parkinson's disease. Fleshing this idea out further, AbbVie could take advantage of its sales force for Duopa, and their experience with this particular patient population, to help bring Nuplazid to market in a more efficient manner than Acadia could do by itself -- assuming the drug is ultimately approved by the FDA. On a final note, Nuplazid would fit nicely with AbbVie's desire to build out an Alzheimer's disease franchise, giving it another strong clinical candidate for this unmet medical need. Can this buyout scenario turn into reality? While there are some obvious synergies between AbbVie and Acadia's clinical pipelines, the hard truth is that most buyouts come out of left field. So, this deal may actually make too much sense for it to come to fruition in the whacky world of biopharma. But if AbbVie did see the light, the first hurdle would be Acadia's asking price. What we've seen over the last 12 months or so has been a 30%-40% premium as the going rate in healthcare buyouts in general. That would put Acadia roughly into the $4.5 billion range, which might simply be too rich for AbbVie after its monstrous deal for Pharmacyclics. Then again, this merger should create comparatively more value for shareholders than the Pharmacyclics deal that won't add to earnings until at least 2017. All told, Acadia will probably end up interesting some big pharma as Nuplazid nears a formal regulatory submission. And a new CEO may see fit to put the company up for sale, given the biopharma's inherent weaknesses at maximizing the potential returns on this novel asset. Indeed, Acadia selling itself appears to be beneficial to both the more than 1 million Parkinson's disease patients afflicted with this devastating disease -- and shareholders alike. That's a win-win in my book, and a great reason I think these two companies should put their heads together in the fight against Parkinson's and Alzheimer's diseases. This $19 trillion industry could destroy the Internet One bleeding-edge technology is about to put the World Wide Web to bed. And if you act right away, it could make you wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism, The Economist is calling it ""transformative,"" but you'll probably just call it ""how I made my millions."" Don't be too late to the party -- click here for one stock to own when the Web goes dark. The article Should AbbVie, Inc. Buy Acadia Pharmaceuticals to Help Fight Parkinson's Disease? originally appeared on Fool.com. George Budwell owns shares of AbbVie. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-04-09,73.1227,73.3682,72.4619,73.249,"Daily Dividend Report: EPD, TLM, WBA, CAT, ADP, STZ Enterprise Products Partners L.P. ( EPD ) declared an increase in the quarterly cash distribution paid to partners to $0.375 per common unit, or $1.50 per unit on an annualized basis. The quarterly distribution will be paid on Thursday, May 7, 2015, to unitholders of record as of the close of business on Thursday, April 30, 2015. This distribution, which represents a 5.6 percent increase over the distribution declared with respect to the first quarter of 2014, is the 52nd distribution increase since Enterprise's initial public offering in 1998 and the 43rd consecutive quarterly increase. Talisman Energy ( TLM ) announced that the company has declared a dividend on the company's common shares of US$0.1125 per share. The dividend will be paid on April 29, 2015 to shareholders of record at the close of business on April 20, 2015. Walgreens Boots Alliance ( WBA ) declared a regular quarterly dividend of 33.75 cents per share, a 7.1 percent increase over the year ago dividend. The dividend is payable 12 June 2015 to shareholders of record as of 21 May 2015. Caterpillar ( CAT ) voted today to maintain the quarterly cash dividend of seventy cents per share of common stock, payable May 20, 2015, to stockholders of record at the close of business on April 20, 2015. Automatic Data Processing ( ADP ), has declared a regular quarterly dividend of 49 cents per share payable July 1, 2015 to shareholders of record on June 12, 2015. And, Constellation declared an initial quarterly cash dividend of $0.31 per share of Class A Common Stock and $0.28 per share of Class B Common Stock, payable on May 22, 2015 to stockholders of record as of the close of business on May 8, 2015. VIDEO: Daily Dividend Report: EPD, TLM, WBA, CAT, ADP, STZ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-04-10,73.385,73.4087,72.8762,73.0279,"Weekly Market Wrap: April 10, 2015 The fourteenth full trading week of 2015 comes to a close with the Dow Jones, S&P 500 and NASDAQ composite all higher at the close on Friday. Most actively traded stocks include GE ( GE ) up 10.8%, Rite Aid (RAD) down 1.65%, Zynga (ZNGA) up 4.62% and Bank of America (BAC) up 0.06%. The S&P 500, Dow and Nasdaq Composite are significantly higher in the last five days of trading. Crude oil futures are higher this week, trading at $51.77 per barrel on Friday afternoon. And Gold futures are slightly higher this week, trading at $1208.49 an ounce this afternoon. In economic news, in the week ending April 4, the advance figure for seasonally adjusted initial claims was 281,000, an increase of 14,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 268,000 to 267,000. The 4-week moving average was 282,250, a decrease of 3,000 from the previous week's revised average. This is the lowest level for this average since June 3, 2000 when it was 281,500. The previous week's average was revised down by 250 from 285,500 to 285,250. U.S. import prices fell 0.3 percent in March following a 0.2-percent upturn the previous month, the U.S. Bureau of Labor Statistics reported. In March, lower nonfuel prices more than offset a rise in fuel prices. The price index for U.S. exports rose in March, ticking up 0.1 percent, after declining 0.2 percent in February. In corporate dividend news, Ford Motor Company declared a second quarter dividend of $0.15 per share on the company's outstanding Class B and common stock. This is the same level of dividend paid in the first quarter of 2015, and is a 20 percent increase from quarterly dividends paid in 2014. The second quarter dividend is payable on June 1, 2015 to shareholders of record at the close of business on May 1, 2015. Caterpillar ( CAT ) voted today to maintain the quarterly cash dividend of seventy cents per share of common stock, payable May 20, 2015, to stockholders of record at the close of business on April 20, 2015. Automatic Data Processing ( ADP ), has declared a regular quarterly dividend of 49 cents per share payable July 1, 2015 to shareholders of record on June 12, 2015. Constellation declared an initial quarterly cash dividend of $0.31 per share of Class A Common Stock and $0.28 per share of Class B Common Stock, payable on May 22, 2015 to stockholders of record as of the close of business on May 8, 2015. KB Home ( KBH ) has declared a quarterly cash dividend of $.025 per share on the Company's common stock, payable on May 21, 2015 to stockholders of record on May 7, 2015. And, Sovran Self Storage ( SSS ) announced a quarterly dividend of $0.75 per share of common stock. The dividend will be paid on April 27, 2015 to Shareholders of record on April 17, 2015. This is the 'Weekly Market Wrap' for Friday April 10, 2015. Please join us on Monday for the Week Ahead Market Report. VIDEO: Weekly Market Wrap: April 10, 2015 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-04-13,72.8505,73.3328,72.5388,72.6758, ADP,2015-04-14,72.5221,72.8603,72.0664,72.4196,"[""Hortonworks Unveils Advancements to Drive Enterprise Hadoop Pervasiveness"", ""Hortonworks Unveils Advancements to Drive Enterprise Hadoop Pervasiveness"", ""Hortonworks Unveils Advancements to Drive Enterprise Hadoop Pervasiveness""]" ADP,2015-04-15,72.6581,72.8101,72.4076,72.5388, ADP,2015-04-16,72.3712,72.5309,72.1059,72.2183, ADP,2015-04-17,71.881,71.9047,70.4589,70.6522, ADP,2015-04-20,70.7094,71.8159,70.7094,71.7282, ADP,2015-04-21,72.0309,72.8425,71.7282,71.9787,"EPIQ Systems, Inc. (EPIQ) Ex-Dividend Date Scheduled for April 22, 2015 EPIQ Systems, Inc. ( EPIQ ) will begin trading ex-dividend on April 22, 2015. A cash dividend payment of $0.09 per share is scheduled to be paid on May 29, 2015. Shareholders who purchased EPIQ prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that EPIQ has paid the same dividend. At the current stock price of $16.64, the dividend yield is 2.16%. The previous trading day's last sale of EPIQ was $16.64, representing a -16.59% decrease from the 52 week high of $19.95 and a 42.53% increase over the 52 week low of $11.68. EPIQ is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). EPIQ's current earnings per share, an indicator of a company's profitability, is -$.05. Zacks Investment Research reports EPIQ's forecasted earnings growth in 2015 as -35.61%, compared to an industry average of 6.3%. For more information on the declaration, record and payment dates, visit the EPIQ Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-04-22,72.0151,72.308,71.5644,72.1562, ADP,2015-04-23,71.9954,72.8268,71.9145,72.5388,"Equifax (EFX) Beats Q1 Earnings, Revenue Estimates; Up Y/Y - Analyst Blog Yesterday, Equifax Inc.EFX reported better-than-expected first-quarter 2015 results wherein both the top line and the bottom line came ahead of the respective Zacks Consensus Estimate and improved year over year. The company's adjusted earnings per share from continuing operations of $1.07 surpassed the Zacks Consensus Estimate of $1.02. Also, earnings were up 20.2% from the year-ago quarter. Equifax Inc. - Earnings Surprise | FindTheCompany Quarter Details Equifax's revenues of $658.1 million were up 11.5% year over year and beat the Zacks Consensus Estimate of $636 million. The year-over-year upside was supported by revenue growth across all its business segments, except International. Segment-wise, total U.S. Information Solutions (USIS) revenues were up 14% from the year-ago quarter to $298.7 million. Among sub-segments, revenue growth was recorded in the Online Information Solutions (up 15%), Mortgage Solutions Services (up 28%) and Financial Marketing Services (up 3%). International revenues (including Europe, Canada and Latin America) were down marginally by 1% year over year to $138.8 million. Latin America and Europe witnessed revenue growth of 2% and 1%, respectively, which was more than offset by 9% decline in Canada. Revenues from the Workforce Solutions segment improved 24% year over year to $148.7 million, primarily on 34% and 13% increase in revenues from Verification Services and Employer Services, respectively. Personal Solutions contributed $65.6 million to revenues, reflecting a 4% year-over-year improvement. Equifax's adjusted operating margins came in at 27.7% compared with 30.6% in the year-ago quarter. Selling, general and administrative expenses also increased 32.8% year over year to $232.9 million. Adjusted net income came in at $129.7 million or $1.07 per share compared with $110.9 million or 89 cents a share in the year-ago quarter. Equifax exited the quarter with $95 million in cash and cash equivalents, compared with $128.3 million at the end of fourth-quarter 2014. Total long-term debt (including current portion) was $1.52 billion. During the first quarter, Equifax generated a cash flow of $102.9 million from operational activities. During the quarter, the company paid dividends of $34.7 million and repurchased stocks worth $89.9 million. Guidance Concurrent with its first-quarter earnings release, the company issued the second-quarter and full-year 2015 guidance. Management expects revenues in the second quarter to range between $655 million and $665 million (mid-point $660 million), while the Zacks Consensus Estimate is pegged at $650 million. Adjusted earnings per share are forecasted between $1.09 and $1.11 (mid-point $1.10). Meanwhile, the Zacks Consensus Estimate is $1.09. For full-year 2015, the company forecasts revenues in the range of $2.585 to $2.635 billion (mid-point $2.61 billion). The Zacks Consensus Estimate is pegged at $2.582 billion. Adjusted earnings per share are forecasted between $4.28 and $4.35 (mid-point $4.32). Meanwhile, the Zacks Consensus Estimate is pegged at $4.26. Our Take Equifax reported better-than-expected first-quarter 2015 results wherein the top line and the bottom line came ahead of the Zacks Consensus Estimate and improved year over year. The company also provided encouraging second-quarter and full-year 2015 guidance. Management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America raise optimism. Also, the company's strong correlation with the consumer and financial markets as well as its exposure in the U.S. and Europe are likely to propel growth, going ahead. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. FISV , Moody's Corp. MCO and uncertainty in the mortgage sector raise concern. Currently, Equifax has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-04-24,72.4422,72.4422,71.3208,71.8918, ADP,2015-04-27,72.2519,72.2843,71.4885,71.6414, ADP,2015-04-28,71.7282,72.4393,71.3603,72.4116, ADP,2015-04-29,71.9618,72.6927,71.6916,72.2262,"Pre-Market Earnings Report for April 30, 2015 : XOM, CELG, COP, EPD, CL, SHPG, TEVA, TWC, PSX, ADP, AMT, BCE The following companies are expected to report earnings prior to market open on 04/30/2015. Visit our Earnings Calendar for a full list of expected earnings releases. Exxon Mobil Corporation ( XOM ) is reporting for the quarter ending March 31, 2015. The oil company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.80. This value represents a 61.90% decrease compared to the same quarter last year. In the past year XOM has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 17.29%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for XOM is 23.92 vs. an industry ratio of 14.30, implying that they will have a higher earnings growth than their competitors in the same industry. Celgene Corporation ( CELG ) is reporting for the quarter ending March 31, 2015. The biomedical (gene) company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.93. This value represents a 27.40% increase compared to the same quarter last year. In the past year CELG has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 3.41%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CELG is 25.68 vs. an industry ratio of 0.20, implying that they will have a higher earnings growth than their competitors in the same industry. ConocoPhillips ( COP ) is reporting for the quarter ending March 31, 2015. The oil company's consensus earnings per share forecast from the 10 analysts that follow the stock is $-0.19. This value represents a 110.50% decrease compared to the same quarter last year. COP missed the consensus earnings per share in the 4th calendar quarter of 2014 by -3.23%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for COP is 116.79 vs. an industry ratio of 24.20, implying that they will have a higher earnings growth than their competitors in the same industry. Enterprise Products Partners L.P. ( EPD ) is reporting for the quarter ending March 31, 2015. The oil/gas company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.33. This value represents a 13.16% decrease compared to the same quarter last year. EPD missed the consensus earnings per share in the 2nd calendar quarter of 2014 by -8.11%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for EPD is 24.12 vs. an industry ratio of 18.20, implying that they will have a higher earnings growth than their competitors in the same industry. Colgate-Palmolive Company ( CL ) is reporting for the quarter ending March 31, 2015. The cleaning company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.66. This value represents a 2.94% decrease compared to the same quarter last year. In the past year CL has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CL is 23.15 vs. an industry ratio of 20.20, implying that they will have a higher earnings growth than their competitors in the same industry. Shire plc ( SHPG ) is reporting for the quarter ending March 31, 2015. The drug company's consensus earnings per share forecast from the 6 analysts that follow the stock is $2.54. This value represents a 7.63% increase compared to the same quarter last year. SHPG missed the consensus earnings per share in the 4th calendar quarter of 2014 by -1.13%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SHPG is 21.80 vs. an industry ratio of 14.80, implying that they will have a higher earnings growth than their competitors in the same industry. Teva Pharmaceutical Industries Limited ( TEVA ) is reporting for the quarter ending March 31, 2015. The medical company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.26. This value represents a 3.28% increase compared to the same quarter last year. TEVA missed the consensus earnings per share in the 1st calendar quarter of 2014 by -0.81%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for TEVA is 11.88 vs. an industry ratio of -8.60, implying that they will have a higher earnings growth than their competitors in the same industry. Time Warner Cable Inc ( TWC ) is reporting for the quarter ending March 31, 2015. The cable tv company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.87. This value represents a 5.06% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for TWC is 19.40 vs. an industry ratio of -55.40, implying that they will have a higher earnings growth than their competitors in the same industry. Phillips 66 ( PSX ) is reporting for the quarter ending March 31, 2015. The oil refining company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.40. This value represents a 4.76% decrease compared to the same quarter last year. PSX missed the consensus earnings per share in the 2nd calendar quarter of 2014 by -10.65%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for PSX is 12.52 vs. an industry ratio of 25.60. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending March 31, 2015. The outsourcing company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.02. This value represents a 3.77% decrease compared to the same quarter last year. ADP missed the consensus earnings per share in the 1st calendar quarter of 2014 by -1.85%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ADP is 29.32 vs. an industry ratio of 21.40, implying that they will have a higher earnings growth than their competitors in the same industry. American Tower Corporation (REIT) ( AMT ) is reporting for the quarter ending March 31, 2015. The reit company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.53. This value represents a 3.92% increase compared to the same quarter last year. The last two quarters AMT had negative earnings surprises; the latest report they missed by -16%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for AMT is 42.37 vs. an industry ratio of 8.00, implying that they will have a higher earnings growth than their competitors in the same industry. BCE, Inc. ( BCE ) is reporting for the quarter ending March 31, 2015. The diversified company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.63. This value represents a 13.70% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for BCE is 16.32 vs. an industry ratio of 16.30, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-04-30,72.0842,72.74,71.3208,71.5042,"[""Earnings Scheduled For April 30, 2015"", ""ADP Reports Q3 EPS from Continuing Operations $1.04 vs $1.02 Est., Sales $3.03B vs $3.02B Est."", ""ADP Reports Q3 EPS from Continuing Operations $1.04 vs $1.02 Est., Sales $3.03B vs $3.02B Est."", ""Earnings Scheduled For April 30, 2015"", ""Agree To Buy Automatic Data Processing At $75, Earn 3.5% Annualized Using Options Investors eyeing a purchase of Automatic Data Processing Inc. (Symbol: ADP) shares, but tentative about paying the going market price of $84.98/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $75 strike, which has a bid at the time of this writing of $1.45. Collecting that bid as the premium represents a 1.9% return against the $75 commitment, or a 3.5% annualized rate of return (at Stock Options Channel we call this the YieldBoost ). Selling a put does not give an investor access to ADP's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $75 strike if doing so produced a better outcome than selling at the going market price. ( Do options carry counterparty risk? This and six other common options myths debunked ). So unless Automatic Data Processing Inc. sees its shares decline 11.6% and the contract is exercised (resulting in a cost basis of $73.55 per share before broker commissions, subtracting the $1.45 from $75), the only upside to the put seller is from collecting that premium for the 3.5% annualized rate of return. Interestingly, that annualized 3.5% figure actually exceeds the 2.3% annualized dividend paid by Automatic Data Processing Inc. by 1.2%, based on the current share price of $84.98. And yet, if an investor was to buy the stock at the going market price in order to collect the dividend, there is greater downside because the stock would have to lose 11.57% to reach the $75 strike price. Always important when discussing dividends is the fact that, in general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Automatic Data Processing Inc., looking at the dividend history chart for ADP below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 2.3% annualized dividend yield. Below is a chart showing the trailing twelve month trading history for Automatic Data Processing Inc., and highlighting in green where the $75 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the November put at the $75 strike for the 3.5% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Automatic Data Processing Inc. (considering the last 309 trading day closing values as well as today's price of $84.98) to be 17%. For other put options contract ideas at the various different available expirations, visit the ADP Stock Options page of StockOptionsChannel.com. Top YieldBoost Puts of the Nasdaq 100 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Technology Sector Update for 04/30/2015: ADP, CY, CTRX Top Technology Stocks: MSFT: -0.43% AAPL: -0.46% IBM: -0.19% CSCO: flat GOOG: flat Technology stocks were generally lower in pre-market trade Thursday. In technology stocks news, Automatic Data Processing ( ADP ), a provider of technology-based outsourcing solutions, posted higher-than-expected Q3 results, but the company cut its full-year revenue forecast due to the impact of the strong dollar and guided earnings below forecasts. Diluted earnings per share from continuing operations increased 16% to $1.04, up from $0.90 last year. There were 474 million shares outstanding, down from 483 million a year ago. Analysts had expected earnings of $1.02. And, Catamaran ( CTRX ), provider of pharmacy benefit management services and healthcare information technology, Thursday reported adjusted net income of $123.2 million, or $0.59 per diluted share, for Q1 ended March 31, ahead of last year's $103.8 million, or $0.50 per diluted share, and the Capital IQ consensus of $0.57. CTRX nudged up in pre-market trade. Finally, Cypress Semiconductor ( CY ) was down 1.6% in pre-market after swinging to a Q1 loss and posting revenues below analyst estimates. Shares were at $12.60 in recent trade. The stock has a 52-week range of $8.04 - $16.25. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Tops Q3 Earnings, Revenues Up Y/Y - Tale of the Tape Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CDK Global Inc. Earnings Beat Estimates Despite Weaker Currencies CDK Global Inc. reported its fiscal third-quarter results before the opening bell this morning. The results were basically in line with analysts' consensus estimates after making adjustments. However, the company did have to lower its revenue forecast for the full year, as unfavorable foreign exchange rates are expected to weigh on the company. A look at the numbers Because of its separation from ADP last October, CDK Global reports two sets of numbers: as reported, and then as adjusted. The as-adjusted number more accurately reflects the company's underlying operations, as it strips out some of the incremental costs of being an independent public company. With that out of the way, let's look at the as-adjusted numbers. Revenue came in at $526.4 million, which was up 5% year over year. Growth was driven by the automotive retail segment in North America, as revenue grew to $347.3 million, or 8% over the prior year's quarter. Also strong was the company's digital market segment, as revenue grew to $106.2 million, up 11% year over year. The only laggard was the company's international automotive retail segment, with revenue up only 3%. Another issue working against the company in the quarter was an unfavorable foreign exchange rate, which clipped $14.7 million off the top line and nipped revenue by 2.5%. Adjusted earnings grew by a much faster clip. Net income was $56.8 million, up 16% over the prior year's quarter. Meanwhile, earnings per share jumped 13% to $0.35 per share, which beat estimates by a penny. However, like revenue, earnings would have grown even faster if not for the 2% impact from unfavorable exchange rates. Driving earnings growth was again the automotive retail segment in North America. Segment earnings rose 12% to $103.2 million, because of strong margin growth. Likewise, the digital marketing segment also contributed to strong profit growth. Segment earnings nearly doubled, thanks to robust margin expansion. A look ahead CDK Global sees similar trends shaping up for the balance of 2015. It expects 5% revenue growth, which it sees being held down by 2% because of unfavorable exchange rates. However, the company sees much stronger earnings growth, as net earnings are expected to grow 15%, and earnings per share, which it sees 14%-15% higher than in the prior year. Investor takeaway Overall, CDK Global delivered a pretty solid quarter that would have been even stronger if not for foreign exchange rates. Both of those trends are expected to continue in 2015 as the company sees solid revenue growth, with even stronger growth in earnings that are slightly muted by currencies. The next billion-dollar Apple secret Apple forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering Apple's brand-new gadgets and the coming revolution in technology. And its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article CDK Global Inc. Earnings Beat Estimates Despite Weaker Currencies originally appeared on Fool.com. Matt DiLallo owns shares of Apple. The Motley Fool recommends Apple, Automatic Data Processing, and CDK Global. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Gets Back to Work As Earnings Growth Defies Lower Revenue Image: ADP. The U.S. economic recovery has lifted the prospects for many American businesses and their workers, and that in turn has made it more important than ever for companies to make sure they have the right people working for them and treat their valued employees well. Automatic Data Processing has long billed itself as a provider of human capital management solutions aimed at helping employers manage their responsibilities to their workers efficiently and effectively. Coming into Thursday morning's fiscal third-quarter financial report, ADP investors had mixed feelings about the future, anticipating declines in revenue that would nevertheless result in higher profits. For its part, ADP largely delivered on that front, managing to boost its earnings and keep sales declines in check better than most had expected. Let's take a closer look at how ADP did over the past quarter and what it sees ahead for the future. ADP makes more from less Automatic Data Processing's fiscal third-quarter results reflected some changes that the business has gone through over the past year. Revenue fell to $3.03 billion, down from the $3.32 billion that the company reported last year. But ADP's updated numbers reflect the impact of its spinoff of CDK Global last October, and after taking those sales into consideration, ADP's grew its revenue from continuing operations by more than 7%. Similarly, although net income fell 6% to $489.6 million, adjusted earnings from continuing operations climbed by a sixth to $1.05 per share. Digging into ADP's numbers more deeply, the company's key Employer Services division saw sales climb 5%, even after incorporating a three percentage point hit from unfavorable currency moves. Client worker counts climbed 3% on a comparable basis, showing the strength of the labor market, and improved productivity and larger scale helped push pre-tax margins up almost two percentage points. PEO services, which includes ADP's employment administration outsourcing, saw sales soar 15%, with a 13% jump in the average number of worksite employees paid through the division compared to a year ago. CEO Carlos Rodriguez was pleased with ADP's results, noting how the company \""continues to help our clients maximize their investments in their people.\"" Rodriguez attributed most of the company's success to its own employee base, with teams around the world helping to promote its overall strategy. Image: ADP. What's next for ADP? Looking forward, ADP had mixed views on its future results. The strong dollar will likely continue to hurt ADP's revenue, and according to the company's new forecast, ADP expects sales growth of about 7%, with two percentage points of headwinds from poor currency movements. Yet ADP said that it thinks it will see growth of 14% in earnings per share from continuing operations, pegging toward the high end of its previous 12% to 14% range as the company has made great strides in its goal to expand margins. One interesting side note that most investors haven't paid much attention to lately is ADP's ability to collect interest on funds held for its clients. Since interest rates have been so low, the contribution of this line item to ADP's overall results has been minimal at best for a long time. Yet as speculation grows that the Federal Reserve might finally move to lift rates, some have looked for an increased contribution from that line item. For its part, though, ADP believes that rates likely won't rise until after its fiscal year ends, and so it is building in only a $5 million increase in interest on those funds for the fiscal year. ADP shares didn't react dramatically to the news, falling roughly in line with the overall market halfway through the day following the announcement. In the long run, though, ADP should continue to benefit from improving economic conditions, and the essentially free money on interest for client assets could build in future years once rates start working higher. For now, ADP appears to be exactly where it should be to take advantage of a better labor environment going forward. This $19 trillion industry could destroy the Internet One bleeding-edge technology is about to put the World Wide Web to bed. And if you act quickly, you could be among the savvy investors who enjoy the profits from this stunning change. Experts are calling it the single largest business opportunity in the history of capitalism... The Economist is calling it \""transformative\""... But you'll probably just call it \""how I made my millions.\"" Don't be too late to the party -- click here for one stock to own when the Web goes dark. The article ADP Gets Back to Work As Earnings Growth Defies Lower Revenue originally appeared on Fool.com. Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Beats on Q3 Earnings - Analyst Blog Automatic Data Processing Inc.ADP reported third-quarter fiscal earnings of 2015 $1.04 per share, surpassing the Zacks Consensus Estimate of $1.02. Earnings also increased 16% year over year. Quarter Details Revenues of $3 billion came in line with the Zacks Consensus Estimate million but grew 7% year over year backed by strength in the human capital management business. Employer Services revenues increased 5% year over year to $2,474.7 million based on organic growth. PEO Services revenues rose 15% year over year to $748.5 million. In the quarter, combined worldwide new business bookings for the company grew 6% year over year. New business bookings represent annualized recurring revenues expected from new orders. Interest on funds held for clients grew 1% year over year to $101 million. The growth was primarily due to 4% year-over-year growth in average client funds balances to $26.2 billion offset by a drop in average interest yield to 1.5%. Total expenses in the reported quarter increased 5.8% year over year to $2.3 billion, attributable to higher selling, general & administrative expense, operating expenses and systems development & programming costs. Balance Sheet Automatic Data Processing exited the quarter with cash and cash equivalents of $1.8 billion compared with $3.6 billion as on Jun 30, 2014. Long-term debt was $9.7 million versus $11.5 million as on Jun 30, 2014. Guidance For fiscal 2015, the company expects revenues to grow in the range of 7% year over year. Further, the company expects earnings per share to grow 14% from $2.58 per share in fiscal 2014. This represents 75 basis points (bps) expansion in pre-tax margin from 18.4% in fiscal 2014. Worldwide new business bookings are expected to rise approximately 10% from $1.4 billion sold in fiscal 2014. Employer Services revenues are expected to grow approximately 5% year over year. This represents a pre-tax margin expansion of approximately 100 bps. The company expects pay per control to increase 3% in the year. PEO Services revenues are expected to increase 16%. Pre-tax margin is expected to grow 100 bps year over year. In addition, the company expects interest on funds held for clients to increase $5 million or 1% driven by estimated growth in average client funds balances of 5% to $21.7 billion. However, the growth would be partially offset due to 10 bps decline in average interest yield to 1.7%. Further, the total contribution from client funds extended investment strategy is estimated to grow $5 million. Our Take We believe that the Dealer Services spin-off will help the company focus more on its relatively fast growing human capital management business. The company is expected to perform better on the back of improved execution and higher client retention. Moreover, recovery in the job market will help the company. However, a volatile macroeconomic environment and increasing competition from Paychex Inc. PAYX and Equifax Inc. EFX are the near-term headwinds. Currently, Automatic Data Processing has a Zacks Rank #3 (Hold). A better-ranked stock in this sector is Convergys Corp. CVG , sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report CONVERGYS CORP (CVG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Reports Q3 EPS from Continuing Operations $1.04 vs $1.02 Est., Sales $3.03B vs $3.02B Est."", ""Earnings Scheduled For April 30, 2015"", ""Here\u2019s the \u2018wild card\u2019 for a Fed hike this year Critical information ahead of the U.S. market\u2019s open The dollar blowout continues this morning, and if this keeps up, it will help an interest-rate hike happen later this year, says Morgan Stanley. But that\u2019s also a real wild card.""]" ADP,2015-05-01,71.4965,72.9787,71.4885,72.7656, ADP,2015-05-04,73.1295,73.5763,72.8425,73.1641, ADP,2015-05-05,73.2163,73.2163,72.024,72.4116, ADP,2015-05-06,72.5053,72.8859,71.7193,72.2439,"[""Jefferies' IT Roundup"", ""Jefferies' IT Roundup"", ""Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for May 07, 2015 Simulations Plus, Inc. ( SLP ) will begin trading ex-dividend on May 07, 2015. A cash dividend payment of $0.05 per share is scheduled to be paid on May 18, 2015. Shareholders who purchased SLP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that SLP has paid the same dividend. At the current stock price of $5.71, the dividend yield is 3.5%. The previous trading day's last sale of SLP was $5.71, representing a -20.14% decrease from the 52 week high of $7.15 and a 8.35% increase over the 52 week low of $5.27. SLP is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SLP's current earnings per share, an indicator of a company's profitability, is $.18. Zacks Investment Research reports SLP's forecasted earnings growth in 2015 as 16.67%, compared to an industry average of 6.1%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Jefferies' IT Roundup""]" ADP,2015-05-07,71.881,73.241,71.881,72.9905,"Stock Market News for May 07, 2015 - Market News Markets ended in the red for the second consecutive day following Fed Chair Janet Yellen's comments that stock valuations are ""quite high"". Yellen warned investors of potential dangers they may face due to high equity valuations. Meanwhile, weak private sector hiring numbers added to the bearish sentiment. The soft numbers came in ahead of the much awaited non-farm payrolls report slated for release on Friday. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) declined 0.5% to close at 17,841.98. The Standard & Poor's 500 (S&P 500) also decreased 0.5% to 2,080.15. The tech-laden Nasdaq Composite Index closed at 4,919.64; declining 0.4%. The fear-gauge CBOE Volatility Index (VIX) climbed 5.9% to settle at 15.15. A total of about 3.7 billion shares were traded on the NYSE on Wednesday. Decliners outpaced advancing stocks on the NYSE. For 66% stocks that declined, 32% advanced. Federal Reserve Chairwoman Janet Yellen warned investors of high equity valuation risks in a low interest rate environment. Yellen said: ""I would highlight that equity market valuations at this point generally are quite high'. She added: ""They are not so high when you compare the returns on equities to the returns on safe assets like bonds, which are also very low, but there are potential dangers there"". She said the Fed is also aware that there may be a sharp rise in long-term rates, once the central bank starts hiking federal funds rates. However, she mentioned risks to financial stability ""are moderated, not elevated, at this point."" She also said: ""We're not seeing any broad based pickup in leverage, we're not seeing rapid credit growth, we're not seeing an increase in maturity transformation,"" which leads to bubbles in financial markets. Investors were jittery following Yellen's remarks on valuations in the equity market. Yellen was speaking at a panel discussion where Christine Lagarde, managing director of the International Monetary Fund was also present. Meanwhile, soft private sector jobs report did little to boost investor sentiment. A total of 169,000 private jobs were added in April, reported Automatic Data Processing, Inc. ( ADP ). This was less than the 175,000 job additions in March, which was revised lower by 14,000. April's job additions were the smallest since Jan 2014. The numbers were short of market expectations too, as economists were eyeing an addition of 205,000 jobs. Private sector hiring came in weaker than expected due to less job additions by large employers and in goods producing sectors including small and medium-sized employers. Energy sector was also a laggard as it shed jobs at a rapid pace. Investors are now focused on initial claims numbers on Thursday and crucial total non-farm payroll numbers scheduled for release on Friday. Total non-farm payroll accounts for approximately 80% of the workers who produce the entire gross domestic product of the United States. Separately, nonfarm business sector labor productivity declined 1.9% in the first quarter of 2015. The decrease was more than the consensus expectation of a drop by 1.8%. Among earnings news, Herbalife Ltd. ( HLF ) reported first quarter earnings per share of $1.29, beating the Zacks Consensus Estimate by 29%. Chesapeake Energy Corporation ( CHK ) also posted first quarter earnings per share of 11 cents that came ahead of the Zacks Consensus Estimate of 2 cents. The Wendy's Company ( WEN ) too reported first quarter earnings per share of 6 cents that beat the Zacks Consensus Estimate of 5 cents. While, shares of Chesapeake Energy declined 7.2%, shares of Herbalife and Wendy's gained 16.5% and 7.2%, respectively. Yesterday's losses were broad based with 8 out of 10 sectors of the S&P 500 ending in the red. The Technology SPDR ETF (XLK) declined 0.9%, the highest among the S&P 500 sectors. Key technology stocks including Apple Inc. ( AAPL ), Microsoft Corporation ( MSFT ), AT&T Inc. ( T ), Google Inc ( GOOGL ) and International Business Machines Corporation ( IBM ) decreased 0.6%, 2.8%, 1%, 1.5% and 1%, respectively. The Utilities Select Sector SPDR (XLU) dropped almost 0.6% and was the second biggest loser among the S&P 500 sectors. Key utilities stocks including Dominion Resources, Inc. ( D ), NextEra Energy Inc ( NEE ), Exelon Corporation ( EXC ), Southern Company ( SO ) and PG&E Corporation ( PCG ) decreased 0.2%, 0.1%, 1.7%, 0.4% and 0.8%, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report HERBALIFE LTD (HLF): Free Stock Analysis Report CHESAPEAKE ENGY (CHK): Free Stock Analysis Report WENDYS CO/THE (WEN): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report AT&T INC (T): Free Stock Analysis Report GOOGLE INC-CL A (GOOGL): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report DOMINION RES VA (D): Free Stock Analysis Report NEXTERA ENERGY (NEE): Free Stock Analysis Report EXELON CORP (EXC): Free Stock Analysis Report SOUTHERN CO (SO): Free Stock Analysis Report PG&E CORP (PCG): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-05-08,73.4343,74.2736,73.3919,73.882,"Dow 30 Stock Roundup: Disney, Visa Beat, Chevron Reports Mixed Results - Analyst Blog The Dow went through another volatile week, losing for two consecutive days, while it moved up during other sessions. Stocks ended in the green for the second straight session on Monday boosted by a handful of upbeat earnings results. The Dow declined on Tuesday, dragged down by losses in technology, biotechnology and small-cap stocks. Markets ended in the red for the second consecutive day on Wednesday following Fed Chair Janet Yellen's comments that stock valuations are ""quite high."" The Dow rebounded on Thursday following easing in bond yields and gains in technology stocks. The Dow has lost 0.5% during the first four trading days. LastWeek's Performance Last Friday, the Dow gained more than 1% as investors added beaten down stocks to their portfolios. Stocks from the health and technology sectors found favor. Apple Inc. AAPL boosted the tech sector and also the broader markets after gaining almost 3.1%. It was the biggest daily percentage gain since Jan this year. Investors also cheered positive US auto sales numbers. According to Autodata, April auto sales were at an annual rate of 16.45 million, better than 16.05 million in the year-ago period. ISM's April PMI was flat month on month at 51.5%. March's construction spending dropped 0.6% from February. However, April consumer sentiment rose to the second best level since 2007. Friday's robust gains could limit weekly losses. The Dow declined 0.3% over the week. Benchmarks ended in the red on Monday, Wednesday and Thursday, and were mixed on Tuesday. Each of the benchmarks had lost over 1% on Thursday, dragged by losses in technology and biotechnology stocks. The major disappointment last week was the weaker-than-expected GDP data. According to the ""advance"" estimate, first quarter GDP increased at an annual rate of 0.2%, less than the consensus estimate of an increase by 1%. On the other hand, Fed officials gave no clear guidance on the timing of interest rate hike, which did little to boost investor sentiment. Among other data, investors received discouraging report on consumer confidence. However, personal income improved marginally in April. Some major companies reported encouraging earnings numbers. The DowThisWeek Stocks ended in the green for the second straight session on Monday boosted by a handful of upbeat earnings results. New orders for manufactured goods increased 2.1% in March, its biggest rise in eight months. Meanwhile, president of the Federal Reserve Bank of Chicago, Charles Evans, said hiking federal funds rate won't be appropriate until next year due to weak first quarter economic reports. This increase in factory orders for March was in line with the consensus estimate. However, the underlying trend remains weak as the increase in new orders for manufactured goods was due to a 13.5% jump in transportation orders. Positive news emanating from Europe also added to the bullish sentiment. The Eurozone's purchasing managers index dropped to 52 in April from 52.2 in March. However, the reading came above 50, which indicated Eurozone's manufacturing sector expanded although at a slightly slower pace. The blue-chip index gained 0.3%. The Dow declined 0.8% on Tuesday, dragged down by losses in technology, biotechnology and small-cap stocks. U.S. trade deficit touched its highest level in almost six and a half years, adding to the bearish sentiment. Trade deficit increased in March to $51.4 billion from $35.9 billion in February. Lingering delays in shipments due to labor disputes at West Coast ports were cited as the reason behind this wide trade deficit. Data on economic activity in the non-manufacturing sector in April turned out to be better-than-expected. ISM's NMI improved 1.3% from March's reading to 57.8% in April. The Non-Manufacturing Business Activity Index also increased 4.1 percentage points to 61.6%. Investors were jittery following a standoff between Greece and its creditors. European shares fell after International Monetary Fund decided to trim its aid to Greece unless the country accepts its debt obligations. Markets ended in the red for the second consecutive day on Wednesday following Fed Chair Janet Yellen's comments that stock valuations are ""quite high."" Yellen warned investors of potential dangers they may face due to high equity valuations. She said the Fed is also aware that there may be a sharp rise in long-term rates, once the central bank starts hiking federal funds rates. Meanwhile, weak private sector hiring numbers added to the bearish sentiment. A total of 169,000 private jobs were added in April, reported Automatic Data Processing, Inc. ADP . This was less than the 175,000 job additions in March, which was revised lower by 14,000. April's job additions were the smallest since Jan 2014. Separately, nonfarm business sector labor productivity declined 1.9% in the first quarter of 2015. The blue chip index lost 0.5%. The Dow rebounded on Thursday, gaining 0.5% following easing in bond yields and gains in technology stocks. The benchmark U.S. 10-year Treasury note yields touched a high of 2.27% before trading near 2.18% for the day. The 30-year Treasury note yields also hit a four month high of 3%, before settling at around 2.91%. In Europe, 10-year German Bund yields settled near 0.59% after hitting 0.8%. Meanwhile, jobless claims increased 3,000 for the week ending May 2 to 265,000, lower than the consensus estimate of 279,500. However, the 4-week moving average decreased 4,250 from previous week's level to 279,500. Additionally, consumer credit increased at a seasonally adjusted annual rate of 5.5% in the first quarter. But revolving credit decreased at an annual rate of 0.25%. ComponentsMovingthe Index The Walt Disney CompanyDIS reported seventh consecutive quarter of earnings beat. Adjusted earnings per share for second-quarter of fiscal 2015 came in at $1.23 per share, cruising past the Zacks Consensus Estimate of $1.11 while rising 11% year over year. Revenues came in at $12,461 million, up 7% year over year and way ahead of the Zacks Consensus Estimate of $12,239 million, driven by Consumer Products, Parks and Resorts and Media segments. The Media segment revenues grew 13% to $5,810 million, attributable to an 11% rise in Cable Networks revenues to $4,030 million and 19% rise in Broadcasting revenues to $1,780 million. Moreover, Parks and Resorts continued their good show lifting the segment's revenues by 6% to $3,760 million. Visa Inc.V posted second-quarter fiscal 2015 (ended Mar 31) operating earnings per Class A common share of 63 cents, beating the Zacks Consensus Estimate by a penny. With this, the company kept its earnings streak alive for six trailing quarters. Bottom line improved a dime year over year. Total operating revenue for the reported quarter was $3.4 billion, up 7.8% year over year and ahead of the Zacks Consensus Estimate of $3.3 billion. On a constant currency basis, revenues grew 10% from the year-ago period. The upside was driven by solid service revenues, data processing and international transaction revenues. Visa reiterated the financial outlook for fiscal 2015, anticipating annual operating earnings per share to grow in the mid-teens range. Annual net revenue growth is expected at low double digits, with an adverse foreign currency impact of about 2%. Chevron Corp.CVX reported better-than-expected first-quarter 2015 results on higher production and improved downstream results that saw refining margins climb on lower input costs. Significant fall in total expenses also lent support to the outperformance. However, these positive factors were partially offset by plunging oil prices . Earnings per share came in at $1.37, well above the Zacks Consensus Estimate of 74 cents. However, Chevron's performance deteriorated significantly from the year-ago profit of $2.36 per share. The company's quarterly revenues plummeted 35.1% year over year to $34,558 million. Despite this fall in revenues, the company was able to beat the Zacks Consensus Estimate of $22,302 million. DuPont 's DD Crop Protection business has agreed to divest its global Bromacil herbicide business assets to AMVAC C.V. - the Netherlands-based subsidiary of American Vanguard Corp. (AVD). The financial terms of the deal were not divulged. The assets that have been put up for sale by DuPont include the Bromacil Hyvar and Krovar trademarks, product registrations, customer information, access to specific know-how, technical registrations and related registration data outside of North America. General Electric CompanyGE subsidiary GE Lighting and Qualcomm Atheros, Inc., a subsidiary of Qualcomm Inc. (QCOM), recently collaborated to introduce a new indoor positioning technology for major retailers for an enhanced in-store experience. The strategic move is aimed to strengthen their presence in the emerging competitive market for connected lighting that integrates with smart devices. General Electric's commercial light-emitting diode (LED) bulbs will feature an embedded positioning technology, which will create unique pulse patterns in smartphones and tablets. 3M Company' s MMM new Steri-Vac Sterilizer/Aerator GS Series presents as the ideal sterilization solution for facilities that require effective reprocessing methods for heat and moisture-sensitive equipment. This is especially important in the light of recent CRE outbreaks - a family of germs that are difficult to treat because they have high levels of resistance to antibiotics. The Steri-Vac sterilizer GS series uses 100% EO sterilant, which successfully penetrates the complex geometries of instruments. It has been designed to optimize staff safety, and the whole sterilization cycle progresses under vacuum conditions, with minimum aeration pre-programmed in each cycle. Performance of the Top 10 Dow Companies The table given below shows the price movements of the 10 largest components of the Dow, which is a price weighted index, over the last five days and during the last six months. Over the last five trading days, the Dow has lost 0.9%. Next Week's Outlook Markets have been plagued with a variety of concerns this week with volatility emerging as a familiar theme. Meanwhile, the Fed Chair's comments on stock valuations have also dampened investor sentiment. Economic numbers have been mixed in nature and comments from an important Fed official add weight to the belief that a rate hike is still some time away. Additionally, international factors have also impacted indexes. While Eurozone's economic data has come as good news, concerns over Greece continue to plague investors. Possibly the most significant report in recent times is set to be released on Friday. Nonfarm payrolls numbers have acquired even greater significance following disappointing ADP data. While international concerns will continue to guide markets to some extent, next week features other key economic reports. This includes data on retail sales, PPI and industrial production. Positive indications on this front could help stocks notch up steady gains in the days ahead. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CHEVRON CORP (CVX): Free Stock Analysis Report VISA INC-A (V): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report 3M CO (MMM): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-05-11,73.8239,74.1956,73.6385,73.7647,"[""The Zacks Analyst Blog Highlights: Automatic Data Processing, Walt Disney, Visa, Chevron and DuPont - Press Releases For Immediate Release Chicago, IL - May 11, 2015 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Automatic Data Processing, Inc. ( ADP ), Walt Disney Company(DIS ), Visa Inc.(V ), Chevron Corp.(CVX ) and DuPont ( DD ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free . Here are highlights from Friday's Analyst Blog: Dow 30 Stock Roundup The Dow went through another volatile week, losing for two consecutive days, while it moved up during other sessions. Stocks ended in the green for the second straight session on Monday boosted by a handful of upbeat earnings results. The Dow declined on Tuesday, dragged down by losses in technology, biotechnology and small-cap stocks. Markets ended in the red for the second consecutive day on Wednesday following Fed Chair Janet Yellen's comments that stock valuations are \""quite high.\"" The Dow rebounded on Thursday following easing in bond yields and gains in technology stocks. The Dow has lost 0.5% during the first four trading days. Last Week's Performance Stocks ended in the green for the second straight session on Monday boosted by a handful of upbeat earnings results. New orders for manufactured goods increased 2.1% in March, its biggest rise in eight months. Meanwhile, president of the Federal Reserve Bank of Chicago, Charles Evans, said hiking federal funds rate won't be appropriate until next year due to weak first quarter economic reports. This increase in factory orders for March was in line with the consensus estimate. However, the underlying trend remains weak as the increase in new orders for manufactured goods was due to a 13.5% jump in transportation orders. Positive news emanating from Europe also added to the bullish sentiment. The Eurozone's purchasing managers index dropped to 52 in April from 52.2 in March. However, the reading came above 50, which indicated Eurozone's manufacturing sector expanded although at a slightly slower pace. The blue-chip index gained 0.3%. The Dow declined 0.8% on Tuesday, dragged down by losses in technology, biotechnology and small-cap stocks. U.S. trade deficit touched its highest level in almost six and a half years, adding to the bearish sentiment. Trade deficit increased in March to $51.4 billion from $35.9 billion in February. Lingering delays in shipments due to labor disputes at West Coast ports were cited as the reason behind this wide trade deficit. Data on economic activity in the non-manufacturing sector in April turned out to be better-than-expected. ISM's NMI improved 1.3% from March's reading to 57.8% in April. The Non-Manufacturing Business Activity Index also increased 4.1 percentage points to 61.6%. Investors were jittery following a standoff between Greece and its creditors. European shares fell after International Monetary Fund decided to trim its aid to Greece unless the country accepts its debt obligations. Markets ended in the red for the second consecutive day on Wednesday following Fed Chair Janet Yellen's comments that stock valuations are \""quite high.\"" Yellen warned investors of potential dangers they may face due to high equity valuations. She said the Fed is also aware that there may be a sharp rise in long-term rates, once the central bank starts hiking federal funds rates. Meanwhile, weak private sector hiring numbers added to the bearish sentiment. A total of 169,000 private jobs were added in April, reported Automatic Data Processing, Inc. ( ADP ). This was less than the 175,000 job additions in March, which was revised lower by 14,000. April's job additions were the smallest since Jan 2014. Separately, nonfarm business sector labor productivity declined 1.9% in the first quarter of 2015. The blue chip index lost 0.5%. The Dow rebounded on Thursday, gaining 0.5% following easing in bond yields and gains in technology stocks. The benchmark U.S. 10-year Treasury note yields touched a high of 2.27% before trading near 2.18% for the day. The 30-year Treasury note yields also hit a four month high of 3%, before settling at around 2.91%. In Europe, 10-year German Bund yields settled near 0.59% after hitting 0.8%. Meanwhile, jobless claims increased 3,000 for the week ending May 2 to 265,000, lower than the consensus estimate of 279,500. However, the 4-week moving average decreased 4,250 from previous week's level to 279,500. Additionally, consumer credit increased at a seasonally adjusted annual rate of 5.5% in the first quarter. But revolving credit decreased at an annual rate of 0.25%. Components Moving the Index The Walt Disney Company(DIS ) reported seventh consecutive quarter of earnings beat. Adjusted earnings per share for second-quarter of fiscal 2015 came in at $1.23 per share, cruising past the Zacks Consensus Estimate of $1.11 while rising 11% year over year. Revenues came in at $12,461 million, up 7% year over year and way ahead of the Zacks Consensus Estimate of $12,239 million, driven by Consumer Products, Parks and Resorts and Media segments. The Media segment revenues grew 13% to $5,810 million, attributable to an 11% rise in Cable Networks revenues to $4,030 million and 19% rise in Broadcasting revenues to $1,780 million. Moreover, Parks and Resorts continued their good show lifting the segment's revenues by 6% to $3,760 million. Visa Inc.(V ) posted second-quarter fiscal 2015 (ended Mar 31) operating earnings per Class A common share of 63 cents, beating the Zacks Consensus Estimate by a penny. With this, the company kept its earnings streak alive for six trailing quarters. Bottom line improved a dime year over year. Total operating revenue for the reported quarter was $3.4 billion, up 7.8% year over year and ahead of the Zacks Consensus Estimate of $3.3 billion. On a constant currency basis, revenues grew 10% from the year-ago period. The upside was driven by solid service revenues, data processing and international transaction revenues. Visa reiterated the financial outlook for fiscal 2015, anticipating annual operating earnings per share to grow in the mid-teens range. Annual net revenue growth is expected at low double digits, with an adverse foreign currency impact of about 2%. Chevron Corp.(CVX ) reported better-than-expected first-quarter 2015 results on higher production and improved downstream results that saw refining margins climb on lower input costs. Significant fall in total expenses also lent support to the outperformance. However, these positive factors were partially offset by plunging oil prices . Earnings per share came in at $1.37, well above the Zacks Consensus Estimate of 74 cents. However, Chevron's performance deteriorated significantly from the year-ago profit of $2.36 per share. The company's quarterly revenues plummeted 35.1% year over year to $34,558 million. Despite this fall in revenues, the company was able to beat the Zacks Consensus Estimate of $22,302 million. DuPont 's ( DD ) Crop Protection business has agreed to divest its global Bromacil herbicide business assets to AMVAC C.V. - the Netherlands-based subsidiary of American Vanguard Corp. (AVD). The financial terms of the deal were not divulged. The assets that have been put up for sale by DuPont include the Bromacil Hyvar and Krovar trademarks, product registrations, customer information, access to specific know-how, technical registrations and related registration data outside of North America. Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks \""Profit from the Pros\"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report VISA INC-A (V): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for May 12, 2015 Computer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on May 12, 2015. A cash dividend payment of $0.64 per share is scheduled to be paid on May 29, 2015. Shareholders who purchased CPSI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.28% increase over the same period a year ago. At the current stock price of $54.66, the dividend yield is 4.68%. The previous trading day's last sale of CPSI was $54.66, representing a -18.93% decrease from the 52 week high of $67.42 and a 15.32% increase over the 52 week low of $47.40. CPSI is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CPSI's current earnings per share, an indicator of a company's profitability, is $2.73. Zacks Investment Research reports CPSI's forecasted earnings growth in 2015 as -10.54%, compared to an industry average of 7.5%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""DXP Enterprises Down 5% on Q1 Earnings & Revenue Miss - Analyst Blog Share price of DXP Enterprises, Inc.DXPE fell 5% to close at $44.15 on May 8, 2015, following the company's disappointing first-quarter 2015 performance. The company's quarterly earnings came in at 63 cents per share, below the Zacks Consensus Estimate of 77 cents and down 10% year over year. DXP Enterprises Inc. - Earnings Surprise | FindTheCompany Revenues for the quarter came in at $341.6 million, down 2% year over year, primarily due to 53% depreciation in oil price and 42% decline in rig count from Mar 2014 till the end of the quarter under review. Further, revenues were adversely affected by stronger U.S. dollar as well as a 5.2% fall in the company's organic sales. Moreover, without $11.3 million of acquisition-related benefits, we believe the year-over-year decline in revenues would have been higher. The top line missed the Zacks Consensus Estimate of $352 million too. Cost of sales in the quarter stood at $243.5 million versus $246.8 million recorded in the year-ago comparable period. Gross margin was 28.7% as against 29.2% in first-quarter 2014. Selling, general and administrative expenses totaled $80 million, down 1% year over year. For first-quarter 2015, DXP Enterprises reported an operating income of $18.1 million, down 14.4% year over year. Free cash flow for the quarter was $18.4 million versus $19 million generated in the year-ago quarter. Segmental Performance In first-quarter 2015, the company's Service Centers revenues were $225.8 million, down 2.4% year over year. Organic revenues of the segment fell 7.3% year over year, while operating income margin came in at 10.1% versus 10.6% recorded in the year-ago quarter. Innovative Pumping Solutions segment generated revenues worth $74.3 million, down 7% from the year-ago tally. Operating income margin was 11.6%, down roughly 40 basis points (bps) year over year. The year-over-year sales decline in the above-mentioned segments was primarily due to weak business in the upstream drilling, upstream production and mining markets. The company's Supply Chain Services segment earned revenues of $41.5 million, up 11.1% year over year. Operating income margin for the segment was 7.9% versus 8.4% recorded in first-quarter 2014. Outlook DXP Enterprises mainly held lower rig count, weak oil prices and strengthening of the U.S. dollar responsible for its weak financial results in first-quarter 2015. Such unfortunate circumstances compelled its clientele to curtail capital budgets, delay order placements and projects, and seek greater price concessions. However, irrespective of these issues, the company aims to improve its revenues and margins in the future, backed by effective cost-reduction as well as market share enhancement strategies. Stocks to Consider DXP Enterprises presently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include RBC Bearings Inc. ROLL , Automatic Data Processing, Inc. ADP and CBIZ, Inc. CBZ . While RBC Bearings currently sports a Zacks Rank #1 (Strong Buy), both Automatic Data Processing, Inc. and CBIZ, Inc. hold a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report DXP ENTERPRISES (DXPE): Free Stock Analysis Report RBC BEARINGS (ROLL): Free Stock Analysis Report CBIZ INC (CBZ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-05-12,73.604,73.7549,72.6118,73.385, ADP,2015-05-13,73.2914,73.8081,72.9106,73.0014,"Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for May 14, 2015 Evertec, Inc. ( EVTC ) will begin trading ex-dividend on May 14, 2015. A cash dividend payment of $0.1 per share is scheduled to be paid on June 05, 2015. Shareholders who purchased EVTC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that EVTC has paid the same dividend. At the current stock price of $22.32, the dividend yield is 1.79%. The previous trading day's last sale of EVTC was $22.32, representing a -11.92% decrease from the 52 week high of $25.34 and a 15.29% increase over the 52 week low of $19.36. EVTC is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). EVTC's current earnings per share, an indicator of a company's profitability, is $.86. Zacks Investment Research reports EVTC's forecasted earnings growth in 2015 as 2.83%, compared to an industry average of 12.2%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-05-14,73.5596,74.459,73.1808,74.4235, ADP,2015-05-15,74.5734,74.7696,74.0171,74.24, ADP,2015-05-18,74.1128,74.2736,73.5941,73.9925, ADP,2015-05-19,74.2203,74.5359,73.9431,74.3495, ADP,2015-05-20,74.4856,74.4856,73.9431,73.9521,"[""Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for May 21, 2015 Jack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on May 21, 2015. A cash dividend payment of $0.25 per share is scheduled to be paid on June 09, 2015. Shareholders who purchased JKHY prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 13.64% increase over the same period a year ago. At the current stock price of $65.62, the dividend yield is 1.52%. The previous trading day's last sale of JKHY was $65.62, representing a -6.59% decrease from the 52 week high of $70.25 and a 26.53% increase over the 52 week low of $51.86. JKHY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). JKHY's current earnings per share, an indicator of a company's profitability, is $2.59. Zacks Investment Research reports JKHY's forecasted earnings growth in 2015 as 9.11%, compared to an industry average of 11.4%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to JKHY through an Exchange Traded Fund [ETF]? The following ETF(s) have JKHY as a top-10 holding: PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 6.89% over the last 100 days. It also has the highest percent weighting of JKHY at 2.86%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EPIQ Systems, Inc. (EPIQ) Ex-Dividend Date Scheduled for May 21, 2015 EPIQ Systems, Inc. ( EPIQ ) will begin trading ex-dividend on May 21, 2015. A cash dividend payment of $0.09 per share is scheduled to be paid on August 03, 2015. Shareholders who purchased EPIQ prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 13th quarter that EPIQ has paid the same dividend. At the current stock price of $17.49, the dividend yield is 6.17%. The previous trading day's last sale of EPIQ was $17.49, representing a -12.33% decrease from the 52 week high of $19.95 and a 49.81% increase over the 52 week low of $11.68. EPIQ is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). EPIQ's current earnings per share, an indicator of a company's profitability, is $.07. Zacks Investment Research reports EPIQ's forecasted earnings growth in 2015 as -35.61%, compared to an industry average of 2.9%. For more information on the declaration, record and payment dates, visit the EPIQ Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-05-21,73.89,74.1128,73.6572,73.815, ADP,2015-05-22,73.8584,73.96,73.4244,73.4343,"Intuit (INTU) Tops Q3 Earnings and Revenues; Ups FY15 View - Analyst Blog Intuit Inc.INTU recently reported better-than-expected third-quarter fiscal 2015 results, turning around from loss incurred in consecutive three quarters. The company posted adjusted earnings per share (including stock-based compensation but excluding amortization and other one-time items) from continuing operations of $2.63 beating the Zacks Consensus Estimate of $2.58. However, quarterly earnings compared unfavorably with the year-ago quarter earnings of $3.42. Intuit Inc. - Earnings Surprise | FindTheCompany On a GAAP basis, Intuit's earnings declined to $1.78 per share from $3.39 reported in the year-ago period mainly due to lower revenues and higher expenses. Quarter in Detail Intuit's revenues of $2.194 billion came ahead of the company's own guidance range of $2.075 to $2.150 billion and surpassed the Zacks Consensus Estimate of $2.150 billion. However, on a year-over-year basis, revenues declined 8.1% due to poor performance at the company's product segment. Services and Other revenues grew 5.7% year over year to $1.747 billion, while product revenues declined 39.2% from the year-ago quarter to $447 million. Segment-wise, Small Business Group recorded 5% year-over-year decline due to changes in desktop offerings as the company continues to focus on online solutions. Total desktop ecosystem revenue declined 15% year over year due to a 23% drop in desktop units. However, QuickBooks Online subscribers surged 55% year over year adding more than 120,000 subscribers during the quarter. The company ended the quarter with total QuickBooks Online subscribers of 965,000. Nonetheless, management expects QuickBooks Online to add more subscribers despite the decline in desktop units. Coming to the operational metrics, Intuit reported adjusted gross profit of $1.986 billion, down 10.7% year over year mainly due to lower revenues and higher cost of sales. Consequently, gross margin contracted 260 basis points (bps) to 90.5%. The company reported 15.3% year-over-year increase in adjusted operating expenses primarily due to higher spending on research & development, selling and marketing and general & administrative expenses. Reduced revenues and increased expenses led to 23.1% decline year over year in operating income which came in at $1.159 billion. Consequently, operating margin trimmed 1,030 bps to 52.8%. Intuit's adjusted net income from continuing operations (including share-based compensation but excluding amortization and other one-time items) was approximately $744 million or $2.62 per share as against net income of nearly $993 million or $3.42 per share in the year-ago quarter. The maker of tax-preparation software TurboTax exited the quarter with cash and investments of $1.193 billion. Long-term debt remained flat sequentially at $499 million. Further, Intuit generated cash flow of $1.722 billion from operating activities in the first nine months of fiscal 2015. During the first three quarters, Intuit repurchased shares worth $1.234 billion and has roughly $2.6 billion remaining under the share buyback authorization. Outlook Buoyed by better-than-expected third-quarter results, management raised the outlook for fiscal 2015. The company now expects revenues in the range of $4.395-$4.420 billion in fiscal 2015, up from the $4.275 to $4.375 billion range. The Zacks Consensus Estimate is pegged at $4.367 billion. Non-GAAP operating income is projected in the range of $1.12 to $1.14 billion compared with the $1.11 to $1.14 billion range. Non-GAAP earnings per share are now expected between $2.50 and $2.52, up from $2.45 to $2.50. The Zacks Consensus Estimate is pegged at $1.91. However, for the fourth quarter, the company expects to incur higher loss. Intuit now anticipates incurring a non-GAAP loss per share between 10 cents and 12 cents, wider than 6 to 8 cents loss expected earlier. The Zacks Consensus Estimate is pegged at a loss of 19 cents. Nonetheless, the company has reiterated the revenue guidance range of $720-$745 million for the fourth quarter. The Zacks Consensus Estimate is pegged at $737 million. Our Take We are positive on Intuit's growing SMB exposure and believe that the strategic acquisitions will continue to support the segment. The increased adoption of its cloud-based services and products is another positive factor. The company has also restructured its business to focus more on QuickBooks services. It expects to continue to invest in the QuickBooks portfolio. Thus, higher investments will impact the company's profitability in the near term. Moreover, we believe that the rising competition from other payroll solution providers such as Paychex Inc. PAYX and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit has a Zacks Rank #2 (Buy). A better-ranked stock in the technology sector worth considering is Advent Software Inc. ADVS sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report ADVENT SOFTWARE (ADVS): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-05-26,73.2065,73.4343,72.0842,72.2519,"[""DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for May 27, 2015 DST Systems, Inc. ( DST ) will begin trading ex-dividend on May 27, 2015. A cash dividend payment of $0.3 per share is scheduled to be paid on June 12, 2015. Shareholders who purchased DST prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that DST has paid the same dividend. At the current stock price of $119.52, the dividend yield is 1%. The previous trading day's last sale of DST was $119.52, representing a -1.23% decrease from the 52 week high of $121.01 and a 46.06% increase over the 52 week low of $81.83. DST is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). DST's current earnings per share, an indicator of a company's profitability, is $15.37. Zacks Investment Research reports DST's forecasted earnings growth in 2015 as 10.72%, compared to an industry average of 2.3%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSP Inc. (CSPI) Ex-Dividend Date Scheduled for May 27, 2015 CSP Inc. ( CSPI ) will begin trading ex-dividend on May 27, 2015. A cash dividend payment of $0.11 per share is scheduled to be paid on June 10, 2015. Shareholders who purchased CSPI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that CSPI has paid the same dividend. At the current stock price of $7.22, the dividend yield is 6.09%. The previous trading day's last sale of CSPI was $7.22, representing a -14.86% decrease from the 52 week high of $8.48 and a 16.83% increase over the 52 week low of $6.18. CSPI is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSPI's current earnings per share, an indicator of a company's profitability, is -$.08. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for May 27, 2015 Ebix, Inc. ( EBIX ) will begin trading ex-dividend on May 27, 2015. A cash dividend payment of $0.075 per share is scheduled to be paid on June 15, 2015. Shareholders who purchased EBIX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that EBIX has paid the same dividend. At the current stock price of $36.93, the dividend yield is .81%. The previous trading day's last sale of EBIX was $36.93, representing a -2.64% decrease from the 52 week high of $37.93 and a 204.7% increase over the 52 week low of $12.12. EBIX is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). EBIX's current earnings per share, an indicator of a company's profitability, is $1.78. Zacks Investment Research reports EBIX's forecasted earnings growth in 2015 as 17.37%, compared to an industry average of 7.8%. For more information on the declaration, record and payment dates, visit the EBIX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EBIX through an Exchange Traded Fund [ETF]? The following ETF(s) have EBIX as a top-10 holding: First Trust DJ Select MicroCap ETF ( FDM ) PowerShares Zacks Micro Cap ( PZI ). The top-performing ETF of this group is FDM with an increase of 1.83% over the last 100 days. It also has the highest percent weighting of EBIX at 0.85%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for May 27, 2015 Open Text Corporation ( OTEX ) will begin trading ex-dividend on May 27, 2015. A cash dividend payment of $0.2 per share is scheduled to be paid on June 19, 2015. Shareholders who purchased OTEX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 15.94% increase over the prior quarter. At the current stock price of $43.04, the dividend yield is 1.86%. The previous trading day's last sale of OTEX was $43.04, representing a -30.29% decrease from the 52 week high of $61.74 and a 3.19% increase over the 52 week low of $41.71. OTEX is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). OTEX's current earnings per share, an indicator of a company's profitability, is $2.07. Zacks Investment Research reports OTEX's forecasted earnings growth in 2015 as -3.73%, compared to an industry average of 2.3%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-05-27,72.2843,72.7656,72.1305,72.6661, ADP,2015-05-28,72.6295,72.9855,72.4156,72.7164, ADP,2015-05-29,72.7115,72.74,71.9618,72.3248, ADP,2015-06-01,72.5723,72.7222,71.4796,72.1483, ADP,2015-06-02,71.7016,72.4707,71.3356,72.2755, ADP,2015-06-03,72.5487,72.6394,71.9954,72.2843,"[""May Employment Report Comes Out In-Line With Estimates"", ""May Employment Report Comes Out In-Line With Estimates"", ""Midday Update: Rallly for Stocks Losing Steam After IMF, EU Throw Wrench Into Greek Negotiations Stocks have slipped off their best levels of Wednesday's session but remain solidly higher following upbeat job market data and a narrower U.S. trade deficit during April. After touching a one-week high, the Dow Jones Industrial Average was back under 18,100 following reports that the European Commission and the International Monetary Fund disagree on possible Greek reforms, throwing a roadblock in front of a potential agreement. Wall Street earlier shrugged off disappointing data on the services industry, instead focusing on the ADP payroll report as well as indications from European Central Bank President Mario Draghi that EU quantitative easing is working and will continue until September 2016. According to a monthly survey by payroll processing firm Automated Data Processing ( ADP ), the private sector added 201,000 new payrolls in May, the strongest gain in four months and slightly higher than estimates for a 200,000 rise. The prior month was revised downward, however, to 165,000 from 169,000. After swelling to a seven-year high in March, the U.S. trade deficit shrank 19% in April to $40.9 billion, beating estimates for a 14% decline to $44.0 billion. The March trade deficit, which contributed to a contraction in Q1 gross domestic product, was revised upward to $50.6 billion from a deficit of $51.4 billion initially. The two indices on the services-sector of the economy were not as bullish, however. The purchasing manager's final services index for May was revised down to 56.2 from the 56.4 flash. The street was looking for a slight upward revision to 56.5. The final index for April was 57.4. A similar index compiled by the Institute for Supply Management declined to 55.7 in May from 57.8 the month prior, missing estimates for a smaller decline to 57.2. European markets picked up on Wednesday after the central bank kept key interest rates at historically low levels, and Draghi endorsed the effectiveness of QE, indicating that the bank will maintain current levels until September 2016. Risk appetitive was also stoked by bullish EU-zone economic data that included a drop in the jobless rate and strength in retail sales. Crude oil was down 93 cents to $60.33 per barrel. Natural gas was down 4 cents to $2.66 per 1 million BTU. Gold was down $4.90 to $1,189.50 an ounce, while silver was down 23 cents to $16.57 an ounce. Copper was unchanged at $2.74 per pound. Among energy ETFs, the United States Oil Fund was down 1.84% to $20.30 with the United States Natural Gas Fund was down 1.58% to $12.87. Amongst precious-metal funds, the Market Vectors Gold Miners ETF was unchanged at 21.56 while SPDR Gold Shares were down 0.29% to $114.13. The iShares Silver Trust was down 1.37% to $15.85. Here's where the U.S. markets stood at mid-day: NYSE Composite Index up 15.89 (+0.14%) to 11,096.78 Dow Jones Industrial Average up 60.43 (+0.34%) to 18,072.37 S&P 500 up 2.84 (+0.13%) to 2,112.44 Nasdaq Composite Index up 16.96 (+0.33%) to 5,093.48 GLOBAL SENTIMENT Nikkei 225 Index down 0.34% Hang Seng Index up 0.69% Shanghai China Composite Index down 0.01% FTSE 100 Index up 0.32% CAC 40 up 0.59% DAX up 0.80% UPSIDE MOVERS (+) ARDX (+33.18%) Bought back the rights to its NHE3 inhibitors, including lead product candidate tenapanor, from AstraZeneca ( AZN ) for a $15 million upfront payout, with further contingent payments of up to $90 million. (+) CPST (+18.69%) Received an order for 25 of its C65 microturbines. (+) SNCR (+18.18%) Data validates platform expansion to cover carbapenem antibiotics (+) RVNC (+16.42%) Initiates clinical study of topical Botox (+) GIII (+9.67%) Posted better-than-expected Q1 results, issued in line guidance for Q2 and raised FY16 guidance above consensus expectations. DOWNSIDE MOVERS (-) CDTI (-13.49%) To raise $5.1 million in public offering (-) ORIG (-12.55%) Priced its public offering of 28.6 million shares of common stock at $7 per share, a 13% discount from Tuesday's closing price (-) VRA (-10.04%) Posts Q1 EPS, revenue miss, guides Q2, FY below street (-) VMEM (-9.49%) Misses Q1 EPS, revenue estimates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""May Employment Report Comes Out In-Line With Estimates""]" ADP,2015-06-04,71.8356,72.1651,70.9875,71.1187,"[""Stock Market News for June 04, 2015 - Market News Benchmarks ended with modest gains on Wednesday, banking on positive economic reports and hopes of an imminent deal between Greece and its creditors. While private sector hiring picked up in May, trade deficit narrowed last month. European Central Bank's commitment toward its bond buying program also lifted investor sentiment. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) gained 0.4% to close at 18,076.27. The Standard & Poor's 500 (S&P 500) increased 0.2% to 2,114.07. The tech-laden Nasdaq Composite Index closed at 5,099.23; gaining almost 0.5%. The fear-gauge CBOE Volatility Index (VIX) declined 4.1% to settle at 13.66. A total of about 3.1 billion shares were traded on the NYSE on Wednesday. Advancers outpaced declining stocks on the NYSE. For 49% stocks that advanced, 48% declined. Encouraging economic data had a positive impact on the broader markets on Wednesday. Private-sector job creation numbers from the Automatic Data Processing, Inc. ( ADP ) came in a tad below estimates, but confirmed the economy is recovering. A total of 201,000 private jobs were added in May, reported ADP. This was higher than April's upwardly revised job additions of 169,000. May's job gains were also the most in the last four months. However, the numbers were short of market expectations, as economists were eyeing an addition of 215,000 jobs. Private service providers added most of the jobs. The sector created 192,000 jobs, which accounts for almost 96% of total job additions. Goods producers contributed to the remaining job additions. Meanwhile, chief economist of Moody's Analytics Mark Zandi said: \""At the current pace of job growth, the economy will be back to full employment by this time next year.\"" In other economic reports, the U.S. Census Bureau reported that trade deficit narrowed in April to $40.9 billion from $50.6 billion in January, more than the consensus estimate of a deficit of $43.6 billion. Exports increased $1.9 billion in April from March to $189.9 billion, its highest level this year. Imports fell $7.8 billion from March to $230.8 billion in April. Additionally, the Fed's Beige Book showed wages are improving across all parts of the country. Hourly wages have been rising around 2% since the end of the Great Recession. Rising wages along with decline in trade deficit indicated the economy is strengthening. Separately, economic activity in the non-manufacturing sector lost momentum in May. According to the Institute for Supply Management Non-Manufacturing Business Survey Committee, the NMI dropped 2.1 percentage points from April's reading to 55.7% in May. The consensus estimate had pegged the same at 57%. The Non-Manufacturing Business Activity Index also decreased 2.1 percentage points to 59.5%. However, reading above 50 showed that non-manufacturing sector is expanding. Prospects of a deal between Greece and its creditors boosted investor sentiment. Greece's creditors gave signs they were ready for compromise on the debt agreement to protect the country from defaulting. Greece's Syriza party had earlier warned that the country won't make any payment to International Monetary Fund on Jun 5, provided there is no deal within the next few days. Greece needs to pay 300 million euros to the IMF within the stipulated time frame. Meanwhile, in response to the recent wild price swings in German bonds, European Central Bank President Mario Draghi said: \""We should get used to periods of higher volatility\"" as these are functions of \""very low levels of interest rates\"". He added that that this volatility won't compel ECB to change its policy stance. ECB's commitment to continue with its asset purchasing program and keep interest rates unchanged was welcomed by investors. Yesterday, 7 out of 10 sectors of the S&P 500 ended in the green. The Financial Select Sector SPDR (XLF) gained almost 0.9%, the highest among the S&P 500 sectors. Top holdings from the sector such as Wells Fargo & Company ( WFC ), JPMorgan Chase & Co. ( JPM ), Bank of America Corporation ( BAC ) and Citigroup Inc. ( C ) increased 1.3%, 1%, 1.6% and 1.7%, respectively. The Consumer Discretionary Select Sector SPDR (XLY) advanced 0.8% and was the second biggest gainer among the S&P 500 sectors. Key stocks from the sector such as The Walt Disney Company ( DIS ), The Home Depot, Inc. ( HD ), Comcast Corporation ( CMCSA ) and McDonald's Corp. ( MCD ) increased 0.4%, 1.4%, 0.9% and 0.2%, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report HOME DEPOT (HD): Free Stock Analysis Report COMCAST CORP A (CMCSA): Free Stock Analysis Report MCDONALDS CORP (MCD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for June 05, 2015 CSG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on June 05, 2015. A cash dividend payment of $0.175 per share is scheduled to be paid on June 24, 2015. Shareholders who purchased CSGS prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over the same period a year ago. At the current stock price of $32.54, the dividend yield is 2.15%. The previous trading day's last sale of CSGS was $32.54, representing a -0.79% decrease from the 52 week high of $32.80 and a 40.47% increase over the 52 week low of $23.16. CSGS is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSGS's current earnings per share, an indicator of a company's profitability, is $1.09. Zacks Investment Research reports CSGS's forecasted earnings growth in 2015 as 7.3%, compared to an industry average of 7.2%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-06-05,71.1334,71.5319,70.3997,71.2706,"[""Noteworthy ETF Outflows: USMV, MCD, ADP, PEP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI USA Minimum Volatility ETF (Symbol: USMV) where we have detected an approximate $106.9 million dollar outflow -- that's a 2.1% decrease week over week (from 123,800,000 to 121,200,000). Among the largest underlying components of USMV, in trading today McDonald's Corp (Symbol: MCD) is off about 0.4%, Automatic Data Processing Inc. (Symbol: ADP) is up about 0.1%, and PepsiCo Inc. (Symbol: PEP) is lower by about 0.8%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $36.08 per share, with $42.14 as the 52 week high point - that compares with a last trade of $40.95. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mentor Graphics Corporation (MENT) Ex-Dividend Date Scheduled for June 08, 2015 Mentor Graphics Corporation ( MENT ) will begin trading ex-dividend on June 08, 2015. A cash dividend payment of $0.055 per share is scheduled to be paid on June 30, 2015. Shareholders who purchased MENT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the same period a year ago. At the current stock price of $26.63, the dividend yield is .83%. The previous trading day's last sale of MENT was $26.63, representing a -1.84% decrease from the 52 week high of $27.13 and a 45.92% increase over the 52 week low of $18.25. MENT is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). MENT's current earnings per share, an indicator of a company's profitability, is $1.19. Zacks Investment Research reports MENT's forecasted earnings growth in 2016 as -23.23%, compared to an industry average of -1.9%. For more information on the declaration, record and payment dates, visit the MENT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dow 30 Stock Roundup: Intel to Buy Altera, UnitedHealth Hikes Quarterly Dividend - Analyst Blog The Dow secured gains and took losses during a volatile week of trading. Stocks ended the first trading day of June with modest gains following mixed economic reports. The Dow declined on Tuesday after a slump in utility stocks offset rise in energy shares. Stocks ended with modest gains on Wednesday, banking on positive economic reports and hopes of an imminent deal between Greece and its creditors. The Dow ended in the red on Thursday as a decline in jobless claims raised concerns about rate hike sooner than later. The Dow has declined 0.6% during the first four trading days. LastWeek's Performance Last Friday, the Dow declined 0.6% following a slew of discouraging economic data. The GDP's \""second\"" estimate decreased at an annual rate of 0.7%. The first quarter GDP decline was in contrast to the fourth quarter's growth in real GDP by 2.2%. Growth was hampered by harsh winter weather, cheaper oil prices , stronger dollar and disruptions in Western Coast ports. Meanwhile, real personal consumption expenditure, which accounts for almost two-third of the U.S. economy, increased 1.8% in the first quarter. This was significantly less than the 4.4% increase in the fourth quarter. Chicago PMI numbers dropped below 50 in May, indicating factory activity is contracting. Separately, consumer sentiment touched a six-month low in May. Meanwhile, concerns about Greek's debt crisis added to the bearish sentiment. For the week, the blue-chip index lost 1.2%. Benchmarks ended in the red for the week after the dollar gained strength, which compelled investors to take money out of equities and park them into safe-haven assets. Concerns over Greek debt crisis and a plunge in Chinese shares also weighed on broader markets. Meanwhile, San Francisco Fed President John Williams said the Fed will likely hike federal funds rate later this year, which eventually had a negative impact on investor sentiment. Additionally, upbeat economic data also raised anxiety of a rate hike sooner than later. Data on housing, Consumer Confidence Index and new orders for manufactured durable goods were encouraging. For the month, the Dow gained 0.9%. Economic data was mixed, giving no clear indication on the timing of a rate hike. While industrial production, producer price index and consumer sentiment declined, nonfarm payroll report turned out to be encouraging. Meanwhile, Fed minutes showed officials looked past a June rate hike amid slow economic growth. Additionally, Fed Chicago President Charles Evans recommended that the Fed should hold back from hiking interest rates until 2016. However, Fed Chairwoman Janet Yellen said the central bank may raise interest rates this year as she believes soft economic data will not have a lasting effect on the economy. A handful of upbeat earnings results boosted investor sentiment. Drop in global bond yields also helped benchmarks settle in the green. European Central Bank President Mario Draghi's commitment to continue its asset purchasing program to stimulate Eurozone's economy helped stocks recover while bond yields declined. Separately, the Nasdaq ended in the green helped by gains in biotech stocks. The DowThisWeek Stocks ended the first trading day of June with modest gains following mixed economic reports. U.S. construction spending touched its highest level in more than six years, gaining 2.2% in April. The percentage rise in construction spending in April was the largest since May 2012. The blue-chip index gained 0.2%. Additionally, ISM May PMI increased 1.3 percentage points from April to 52.8%, better than the consensus estimate of an increase to 51.8%. The new orders component increased 2.3 percentage points to 55.8%. However, personal consumption expenditure remained unchanged in April, in contrast to consensus estimate of a 0.2% increase. Personal spending had increased 0.5% in March. The Dow declined 0.2% on Tuesday after a slump in utility stocks offset rise in energy shares. While high-dividend utility stocks took a beating due to rise in bond yields, energy shares gained as weaker dollar pushed oil prices higher. Treasury prices dropped in the U.S. markets after a report showed Eurozone consumer prices increased for the first time in six months in May. Core inflation rose to 0.9% in May from April's record low figure of 0.6%. Eurozone inflation data also boosted European yields. Meanwhile, investors kept an eye on Greece's debt crisis. Stocks ended with modest gains on Wednesday, banking on positive economic reports and hopes of an imminent deal between Greece and its creditors. Private-sector job creation numbers from the Automatic Data Processing, Inc. ADP came in a tad below estimates, but confirmed the economy is recovering. A total of 201,000 private jobs were added in May, reported ADP. Meanwhile, the trade deficit narrowed in April to $40.9 billion from $50.6 billion in January, more than the consensus estimate of a deficit of $43.6 billion. Additionally, the Fed's Beige Book showed wages are improving across all parts of the country. Hourly wages have been rising around 2% since the end of the Great Recession. Rising wages along with decline in trade deficit indicated the economy is strengthening. Additionally, Greece's creditors gave signs they were ready for compromise on the debt agreement to protect the country from defaulting. The blue-chip index gained 0.4%. The Dow ended in the red on Thursday, losing 0.9% as a decline in jobless claims raised concerns about rate hike sooner than later. Initial claims declined 8,000 for the week ending May 30 to 276,000, lower than the consensus estimate of 279,000. For the 13th straight week, claims for unemployment benefits have remained below the key level of 300,000. Meanwhile, IMF said the Fed shouldn't hike interest rates until there is \""more tangible signs\"" of a pickup in inflation and wages. The IMF has also trimmed U.S. economic growth to 2.5% for this year from April's forecast of 3.1%. Decline in first quarter GDP report compelled IMF to cut growth forecast, which added to investor concerns. Lingering uncertainty over striking a deal between Greece and creditors also dampened sentiment. German Chancellor Angela Merkel said that cash-for-reforms deal between Greece and its lenders were still far from an agreement. ComponentsMovingthe Index Intel Corp.INTC announced it will buy Altera Corp. ALTR , another chip maker who specializes in programmable chips, for $54 a share. The transaction will be in all cash, and Intel said it expects to pay for the acquisition with debt and cash from its balance sheet. The deal is worth approximately $16.7 billion. Both Intel's and Altera's Board of Directors unanimously approved the decision; it is expected to close in the next 6-9 months. Back in April, Altera rejected this same offer from Intel due to a failure to reach an agreement on price. The two companies have been in merger talks for some time now. This will be Intel's biggest acquisition ever. UnitedHealth Group Inc.UNH has hiked its quarterly dividend payout by 33% to 50 cents per share. That increases the yield (measured as annual divided by the price per share) to 1.7% from 1.3%, based on closing price on Jun 3. This increased dividend payout is higher than the current yields offered by the company's biggest competitors. The dividend will be paid on Jun 24, to shareholders on record as of Jun 15, 2015. The dividend hike comes on the back of UnitedHealth's strong balance sheet with moderate leverage and its ability to generate significant cash flows. The last concluded quarter saw a cash flow of $2.3 billion, up 61% year over year. The Boeing Co.BA has reportedly received a commitment from the Air China affiliate \u2212 Shenzhen Airlines \u2212 for 46 737 planes. The deal for these single-aisle jets is valued at $4.3 billion at list prices. In a filing with the Shanghai stock exchange, Beijing-based Air China revealed that the airline will take delivery of the planes over five years from 2016 to 2020. China's largest carrier by market value, Air China, also disclosed that the latest order will boost Shenzhen Air's capacity by 6% from 2014. Merck 's MRK supplemental Biologics License Application (sBLA) for its anti-PD-1 therapy, Keytruda, has been accepted for priority review by the FDA. The company is looking to expand the label into the treatment of patients with advanced non-small cell lung cancer (NSCLC) whose disease has progressed on or after platinum-containing chemotherapy and an FDA-approved therapy for EGFR or ALK genomic tumor aberrations, if present. With the FDA granting priority review, a response should be out by Oct 2, 2015. The FDA will review the sBLA under its Accelerated Approval program. Keytruda has Breakthrough Therapy designation for advanced NSCLC. In addition to announcing the FDA action date for the advanced NSCLC indication, Merck said that it has entered into a couple of clinical trial collaboration agreements with Dynavax Technologies Corp. DVAX under which Merck's Keytruda and MK-1966 will be investigated in combination with Dynavax's pipeline candidate - SD-101. Visa Inc.V will collaborate with security solution provider FireEye Inc. FEYE to develop a joint threat intelligence service. Following the announcement, shares of FireEye gained nearly 3.5% in Wednesday's after-hours trading session. In a combined press release, the companies announced that they will work together on developing tools and services to help merchant and card issuers to quickly detect and defend against cyber-attacks. The Visa and FireEye Community Threat Intelligence (CTI) offering will especially detect attacks targeting payment data. Per the agreement, Visa will market and sell the services to retailers and card issuers, especially banks that issue Visa-branded cards (Debit and Credit Cards). On the other hand, FireEye will run a \""web-based service to enhance stakeholders' knowledge of attacks targeting the ecosystem, providing a significant improvement over current industry practices of sharing threat intelligence via e-mail or static documents.\"" Exxon Mobil Corp.XOM and Chevron Corp. CVX are among the 19 companies and seven groups selected to bid for Mexico's maiden offshore oil blocks auction. Some 34 companies had applied to pre-qualify to bid for 14 shallow-water exploration blocks covering nine fields, as Mexico looks set to welcome private producers to drill in its waters for the first time in more than 75 years. In the second tender of its 'Round One' offerings, the CNH will put 9 shallow-water fields in the Gulf of Mexico in September, while the third phase will see the auction of 26 onshore blocks in December. The areas being bid out for exploration in Round One are estimated to contain 356 million oil-equivalent barrels in reserves. Performance of the Top 10 Dow Companies The table given below shows the price movements of the 10 largest components of the Dow, which is a price weighted index, over the last five days and during the last six months. Over the last five trading days, the Dow has lost 1.8%. Next Week's Outlook Stocks have taken losses and notched up gains during another volatile week. Gains have come on the back of several positive economic reports. However, rate hike concerns and fears over Greece's debt repayment have dampened investor sentiment. Interestingly enough, fears of a rate hike have been triggered by positive economic data. It is quite likely that Greece and rate hike concerns are likely to guide stock movements in the days ahead. At the same time, several key economic reports are lined up for release in the days ahead. This includes non-farm payrolls data scheduled for release on Friday, the tone of which is likely to dominate market proceedings. Other crucial reports to be released include retail sales, jobless claims and PPI. If most of these reports are positive in nature, stocks will receive a much needed boost going forward. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CHEVRON CORP (CVX): Free Stock Analysis Report VISA INC-A (V): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report DYNAVAX TECH CP (DVAX): Free Stock Analysis Report UNITEDHEALTH GP (UNH): Free Stock Analysis Report ALTERA CORP (ALTR): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report MERCK & CO INC (MRK): Free Stock Analysis Report FIREEYE INC (FEYE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-06-08,70.9964,71.4638,70.5487,70.6295, ADP,2015-06-09,70.5171,70.7094,70.0861,70.3396,"[""Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for June 10, 2015 Computer Sciences Corporation ( CSC ) will begin trading ex-dividend on June 10, 2015. A cash dividend payment of $0.23 per share is scheduled to be paid on July 09, 2015. Shareholders who purchased CSC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that CSC has paid the same dividend. At the current stock price of $67.05, the dividend yield is 1.37%. The previous trading day's last sale of CSC was $67.05, representing a -8.51% decrease from the 52 week high of $73.29 and a 23.64% increase over the 52 week low of $54.23. CSC is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSC's current earnings per share, an indicator of a company's profitability, is -$.15. Zacks Investment Research reports CSC's forecasted earnings growth in 2016 as 5.13%, compared to an industry average of 2.9%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for June 10, 2015 Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on June 10, 2015. A cash dividend payment of $0.49 per share is scheduled to be paid on July 01, 2015. Shareholders who purchased ADP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ADP has paid the same dividend. At the current stock price of $83.5, the dividend yield is 2.35%. The previous trading day's last sale of ADP was $83.5, representing a -7.46% decrease from the 52 week high of $90.23 and a 18.44% increase over the 52 week low of $70.50. ADP is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Cognizant Technology Solutions Corporation ( CTSH ). ADP's current earnings per share, an indicator of a company's profitability, is $2.93. Zacks Investment Research reports ADP's forecasted earnings growth in 2015 as -6.46%, compared to an industry average of 9.9%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-06-10,70.5851,72.0161,70.4826,71.6197, ADP,2015-06-11,71.8968,72.2292,71.6414,71.9974,"Paylocity Holding (PCTY) Surges to a New 52-Week High - Analyst Blog Shares of Paylocity Holding Corporation 's (PCTY) hit a new 52-week high of $35.36 on Jun 10 and eventually closed at $34.92 per share. The closing price represents a robust one-year return of 58.7% and a year-to-date return of 33.7%. Average volume of shares traded over the last three months is roughly 206K. This Zacks Rank #2 (Buy) company has a market cap of $1.74 billion. Share Price Drivers Paylocity shares gained momentum on a solid guidance provided in its third-quarter fiscal 2015 results announced on May 7. Paylocity reported revenues of $47.3 million, which increased 40% from the year-ago quarter. This solid year-over-year growth was mainly driven by strong demand from mid-market clients as well as seasonal annual tax filings including W-2 processing. The company's adjusted gross profit increased nearly 50% year over year to $29.4 million. This year-over-year improvement was mainly driven by the acquisition of one of the two resellers in May last year.. Paylocity's third-quarter fiscal 2015 non-GAAP earnings per share were 11 cents compared with 4 cents reported in the year-ago quarter. Buoyed by encouraging third-quarter results, Paylocity raised its guidance for fiscal 2015. The company now expects total revenue in the range of $150.2 million to $151.2 million, up from $146 million -$148 million, representing year-over-year growth of 38%-39%. Furthermore, the company has provided an optimistic guidance for the fourth quarter. Paylocity expects total revenue for the fourth quarter to be within $37.5-$38.5 million, representing 38%-43% growth year over year. Paylocity believes that a combination of its cloud-based industry leading software platform and an experienced sales team along with product innovation will continue to drive its revenues over the long run. Furthermore, the company expects the aforementioned factors along with a strong fourth-quarter selling season and increased investment in marketing activities to help it in achieving more than 38% revenue growth in the quarter. We also remain positive as Paylocity continues to invest in SaaS technology. It is to be noted that over the past few quarters a significant portion of revenues have been generated from clients moving from traditional payroll service providers to the company's SaaS-based services. Therefore, we believe that the regular investments in technological upgrades along with product innovation will continue to boost the company's top-line results over the long run. However, competition in the payroll processing sector, from new entrants as well as existing competitors such as Automatic Data Processing, Inc. ADP , Intuit Inc. INTU and The Ultimate Software Group, Inc. ULTI remains a headwind. Estimate Revision Paylocity witnessed two positive estimate revisions in the past 60 days. The Zacks Consensus Estimate also moved north (by 7 cents) to a loss of 31 cents per share over the same time frame. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report ULTIMATE SOFTWR (ULTI): Free Stock Analysis Report PAYLOCITY HLDG (PCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-06-12,71.591,71.8534,71.1719,71.3425, ADP,2015-06-15,70.8308,70.9924,70.1335,70.5496,"[""ADP Makes Notable Cross Below Critical Moving Average In trading on Monday, shares of Automatic Data Processing Inc. (Symbol: ADP) crossed below their 200 day moving average of $82.70, changing hands as low as $82.43 per share. Automatic Data Processing Inc. shares are currently trading down about 1.2% on the day. The chart below shows the one year performance of ADP shares, versus its 200 day moving average: Looking at the chart above, ADP's low point in its 52 week range is $68.36 per share, with $90.23 as the 52 week high point - that compares with a last trade of $83.00. According to the ETF Finder at ETF Channel, ADP makes up 2.65% of the SPDR Morgan Stanley Technology ETF (Symbol: MTK) which is trading lower by about 1% on the day Monday. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Convergys Corporation (CVG) Ex-Dividend Date Scheduled for June 16, 2015 Convergys Corporation ( CVG ) will begin trading ex-dividend on June 16, 2015. A cash dividend payment of $0.08 per share is scheduled to be paid on July 02, 2015. Shareholders who purchased CVG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 14.29% increase over the prior quarter. At the current stock price of $25.39, the dividend yield is 1.26%. The previous trading day's last sale of CVG was $25.39, representing a -1.3% decrease from the 52 week high of $25.73 and a 46.26% increase over the 52 week low of $17.36. CVG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). CVG's current earnings per share, an indicator of a company's profitability, is $1.37. Zacks Investment Research reports CVG's forecasted earnings growth in 2015 as 7.03%, compared to an industry average of 9.9%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-06-16,70.4826,70.9697,70.2123,70.8583,"This Is What's Driving CDK Global Inc Stock Higher Today What:CDK Global Inc stock surged today after the company announced a new plan aimed at enhancing its long-term value. The plan is expected to transform the business through balanced organic revenue growth and a focus on margins, which will significantly boost future earnings. At 12:50 p.m., shares were up 9.4% from the previous day's close. Shares were up 12.5% earlier in the day. CDK ""provides integrated information technology and digital marketing/advertising solutions to the automotive retail industry"" So what: CDK Global's plan is built on the three pillars of driving operational excellence, delivering organic revenue growth, and disciplined capital allocation. The foundation of the plan is built upon driving organic revenue growth with the company expecting to deliver 4%-5% average annual revenue growth over the next three to five years and 5%-7% annual revenue growth thereafter. Further, the company is also targeting margin growth, which when combined with revenue growth would really provide a big boost to its bottom line. The combined result of the plan is expected to result in $1 billion of free cash flow being generated over the next three years, 70%-80% of which will be returned to shareholders via dividends and share repurchases. Now what: CDK Global is only recently public as it was just spun out of ADP last October. However, now that it has been on its own for a few months, the company's management team has a better handle on what the company is capable of delivering over the next few years. As a result the company has developed an actionable plan that is not only growth-oriented, but is also very shareholder-friendly. The next billion-dollar Apple secret Apple forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering Apple's brand-new gadgets and the coming revolution in technology. And its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article This Is What's Driving CDK Global Inc Stock Higher Today originally appeared on Fool.com. Matt DiLallo owns shares of Apple. The Motley Fool recommends Apple and Automatic Data Processing. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-06-17,71.1384,71.2587,70.4224,70.8583,"Computer Task Group, Incorporated (CTG) Ex-Dividend Date Scheduled for June 18, 2015 Computer Task Group, Incorporated ( CTG ) will begin trading ex-dividend on June 18, 2015. A cash dividend payment of $0.06 per share is scheduled to be paid on July 06, 2015. Shareholders who purchased CTG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that CTG has paid the same dividend. At the current stock price of $7.87, the dividend yield is 3.05%. The previous trading day's last sale of CTG was $7.87, representing a -54.95% decrease from the 52 week high of $17.47 and a 8.25% increase over the 52 week low of $7.27. CTG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). CTG's current earnings per share, an indicator of a company's profitability, is $.53. Zacks Investment Research reports CTG's forecasted earnings growth in 2015 as -51.95%, compared to an industry average of .4%. For more information on the declaration, record and payment dates, visit the CTG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-06-18,71.1464,72.1512,70.9363,71.9628, ADP,2015-06-19,71.8534,72.0507,71.4116,71.8199, ADP,2015-06-22,71.9885,72.7154,71.9885,72.3209, ADP,2015-06-23,72.3997,72.5684,71.9234,72.1226, ADP,2015-06-24,72.0161,72.1158,71.1295,71.1551, ADP,2015-06-25,71.2242,71.3761,70.8061,70.9176,"[""Amdocs Limited (DOX) Ex-Dividend Date Scheduled for June 26, 2015 Amdocs Limited ( DOX ) will begin trading ex-dividend on June 26, 2015. A cash dividend payment of $0.17 per share is scheduled to be paid on July 17, 2015. Shareholders who purchased DOX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 9.68% increase over the same period a year ago. At the current stock price of $55.9, the dividend yield is 1.22%. The previous trading day's last sale of DOX was $55.9, representing a -1.88% decrease from the 52 week high of $56.97 and a 26.86% increase over the 52 week low of $44.06. DOX is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). DOX's current earnings per share, an indicator of a company's profitability, is $2.88. Zacks Investment Research reports DOX's forecasted earnings growth in 2015 as 5.95%, compared to an industry average of %. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: Market Vectors Israel ETF ( ISRA ) PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is ISRA with an increase of 14.21% over the last 100 days. It also has the highest percent weighting of DOX at 5.12%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The six best sectors for 2015\u2019s second half The top performers place their sector bets for the rest of 2015 Manufacturing and finance are the two industries that will lead the market during the second half of 2015, according to a select group of top performing advisers""]" ADP,2015-06-26,71.2844,71.3338,70.6454,70.8839,"Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for June 29, 2015 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on June 29, 2015. A cash dividend payment of $0.1 per share is scheduled to be paid on July 21, 2015. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 25% increase over the same period a year ago. At the current stock price of $24.98, the dividend yield is 1.6%. The previous trading day's last sale of TYPE was $24.98, representing a -27.43% decrease from the 52 week high of $34.42 and a 4.91% increase over the 52 week low of $23.81. TYPE is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). TYPE's current earnings per share, an indicator of a company's profitability, is $.77. Zacks Investment Research reports TYPE's forecasted earnings growth in 2015 as -13.27%, compared to an industry average of 2.6%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-06-29,70.451,70.451,68.7902,68.8415,"[""ADP Sells Procure to Pay Business to Oildex, Terms Not Disclosed"", ""ADP Sells Procure to Pay Business to Oildex, Terms Not Disclosed"", ""Can Paychex (PAYX) Earnings Surprise Estimates in Q4? - Analyst Blog Payroll and human resource solutions provider, Paychex Inc.PAYX is set to report fourth-quarter fiscal 2015 results on Jul 1. Last quarter, the company's earnings matched expectations. Let us see how things are shaping up for this announcement. Factors to Consider Paychex reported decent third-quarter results wherein its bottom line came in line with the Zacks Consensus Estimate while the top line beat the same. Moreover, on a year-over-year basis, both revenues and earnings increased. We remain encouraged by the company's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives such as joint ventures and acquisitions support its long-term growth strategy. Product launches are also expected to provide additional support. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide the company with additional opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity remain the possible headwinds for the company. Earnings Whispers? Our proven model does not conclusively show that Paychex will beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at 44 cents. Hence, the difference is 0.00%. Zacks Rank: Paychex's Zacks Rank #3 (Hold) when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Stocks to Consider Here are some other companies, which you may consider as our model shows that they have the right combination of elements to post an earnings beat this quarter: Advanced Micro Devices, Inc. AMD has an Earnings ESP of +9.09% and a Zacks Rank #2 (Buy) Constellation Brands Inc. STZ has an Earnings ESP of +3.28% and holds a Zacks Rank #2 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report CONSTELLATN BRD (STZ): Free Stock Analysis Report ADV MICRO DEV (AMD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Intuit Restructures Workforce; Lays off 399 Employees - Analyst Blog Thetechnology newswebsite TechCrunch recently reported that the financial services provider, Intuit Inc.INTU , laid off 399 employees or approximately 5% of the total workforce of 8,000 as of Jul 31, 2014. Though the reason behind the retrenchment is not clear, we believe that it is a step toward shifting its business model from selling computer discs to a cloud-based software licensing model. In the second half of 2014, the company terminated over 550 employees because of the shift in the business model. Intuit provides business and financial management solutions to small and medium businesses (SMB), accounting professionals, and consumers in the United States. The company's objective is to expand the world of electronic finance. Electronic finance encompasses three types of products and services - desktop software products that operate on customers' personal computers to automate financial tasks; products and services that are delivered via the Internet; and products and services that connect Internet-based services with desktop software to enable customers to integrate their financial activities. We are positive on Intuit's growing SMB exposure and believe that the strategic acquisitions will continue to support the segment. The increased adoption of its cloud-based services and products is another positive factor. The company has also restructured its business to focus more on QuickBooks services and plans to invest more in the portfolio. Thus, higher investments will impact the company's profitability in the near term. Further, we believe that the rising competition from other payroll solution providers such as Paychex Inc. PAYX and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit has a Zacks Rank #3 (Hold). A better-ranked stock in the technology sector is Advent Software Inc. ADVS sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report ADVENT SOFTWARE (ADVS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Sells Procure to Pay Business to Oildex, Terms Not Disclosed""]" ADP,2015-06-30,69.3602,69.4805,67.8967,68.2636, ADP,2015-07-01,67.6531,69.0821,67.6531,68.8238,"[""Paychex (PAYX) Reports In-Line Q4 Earnings, Revenues Beat - Analyst Blog Paychex Inc.PAYX reported decent fourth-quarter fiscal 2015 results wherein the bottom line came in line with the Zacks Consensus Estimate, while the top line surpassed. Moreover, on a year-over-year basis, both revenues and earnings improved. The company's quarterly earnings of 44 cents per share were in line with the Zacks Consensus Estimate but increased 10% from the year-ago quarter mainly backed by improved top-line performance. Paychex Inc. - Earnings Surprise | FindTheBest Quarter Details Paychex reported total revenue (including Interest on funds held for clients) of $692.2 million which increased 8% from the year-ago quarter and beat the Zacks Consensus Estimate of $657 million. Excluding interest on funds held for clients, total services revenue (Payroll service and Human Resource Services) grew 8% from the year-ago quarter to $681.4 million. Payroll Service segment revenues went up 4% from the year-ago period to $409 million, primarily on the back of higher revenue per check and client base. Human Resource Services segment revenues increased 16% year over year to $272.4 million mainly driven by solid growth in client base and worksite employees, increased revenues from retirement and online HR administration services. Interest on funds held for clients increased 5% on a year-over-year basis to $10.8 million primarily benefiting from higher average interest rates. Paychex's total expenses increased 7% from the year-ago quarter to $440 million due to 14% rise in compensation-related expenses. However, total expenses, as a percentage of total revenue, decreased 60 basis points (bps) on a year-over-year basis to 63.7%. Consequently, Paychex's operating margin expanded 60 bps to 36.3%. Moreover, in dollar terms, reported operating income increased 10% year over year to $251.6 million. Excluding interest on funds held for clients, Paychex's operating income came in at $240.8 million or 35.3% of total services revenue compared with $218.1 million or 34.7% in the year-ago period. Net income came in at $161.2 million or 44 cents, which improved from $145.9 million or 40 cents reported a year ago. Balance Sheet & Cash Flow Paychex exited the quarter with cash and cash equivalents of $170 million. Corporate investments were $366.6 million versus $355.5 million at the end of third-quarter fiscal 2015. The company has no long-term debt. The company generated operating cash flow of $895.2 million in fiscal 2015. During the fiscal, Paychex repurchased approximately $182.4 million worth of common stocks and paid dividends worth $551.8 million. Guidance Paychex provided guidance for fiscal 2016. Management expects 4-5% increase in Payroll Service revenues from the year-ago period. Human Resource Services revenues are expected to increase in the range of 10-13%. Total service revenue is expected to increase 7-8%. Interest on funds held for clients and investment income are expected to remain flat. Net income is likely to be in the range of 8-9%. Net operating income, as a percentage of service revenues, is expected to be 38% for fiscal 2016. The effective income tax rate for the fiscal year is expected to be same as fiscal 2015. Our Take Paychex reported decent fourth-quarter results wherein the bottom line came in line with the Zacks Consensus Estimate while the top line beat the same. Moreover, on a year-over-year basis, both revenues and earnings increased. The company provided encouraging fiscal 2016 outlook, which signifies that it is relatively well-placed despite the current macroeconomic sluggishness. Moreover, we are encouraged by the company's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives, such as joint ventures and acquisitions, support its long-term growth strategy. Product launches are expected to provide additional support. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide growth opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity NSP remain the headwinds. Currently, Paychex has a Zacks Rank #3 (Hold). A better-ranked stock in the outsourcing industry is Convergys Corporation CVG sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PAYCHEX INC (PAYX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report CONVERGYS CORP (CVG): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""June's 5 Best-Performing Stocks - Analyst Blog Markets performed poorly in June, despite indications that the economy was recovering. Most domestic reports were on the positive side and GDP numbers were not as bad as earlier estimated. However, the crisis in Greece negated all other positives and was primarily responsible for all benchmarks ending the month in the red. Despite fresh proposals from Greece's government, negotiations ended in a deadlock. Ultimately, Greece became the first developed nation to default on a debt payment to the IMF after its lenders turned down its request to buy more time. June'sPerformance For the month the S&P 500, the Dow and the Nasdaq declined 2.1%, 2.2% and 1.6%, respectively. Benchmarks ended in the red for the month as uncertainty over Greece's bailout program weighed on investor sentiment. Additionally, weakness in energy and transportation stocks also had a negative impact on benchmarks. However, a new ruling by the Supreme Court on the Affordable Care Act helped healthcare stocks buck the broader declining trend. Meanwhile, the Federal Reserve signaled it will hike interest rates at a slower than expected pace. Encouraging data bolstered the view that the economy is recovering after a weak first quarter economic growth. GDP Data Improves The U.S. economy shrank less in the first quarter than previously estimated. According to the \""third estimate\"" by the Bureau of Economic Analysis, the first quarter output of goods and services decreased at an annual rate of 0.2%. This was in line with the consensus estimate. The \""second estimate\"" had forecasted GDP to have declined 0.7%. Growth was hampered by harsh winter weather, cheaper oil prices , stronger dollar and disruptions in Western Coast ports. Meanwhile, real personal consumption expenditure, which accounts for almost two-third of the U.S. economy, was upwardly revised to 2.1% in the first quarter. This however was significantly less than the 4.4% increase in the fourth quarter. Additionally, U.S. exports fell 5.9% in the first quarter, while imports rose 7.1%. Record Job Additions The U.S. economy created a total of 280,000 jobs in May, well above the consensus estimate of 222,000. The increase in hiring was widespread in May. Professional and business services, leisure and hospitality, and healthcare added the most number of jobs. The unemployment rate came in at 5.5% in May, up from 5.4% in April. Large inflow of people in the labor force was cited to be reason behind this slight uptick in unemployment rate. The U-6 unemployment rate came in at 10.8% in May, which remained unchanged from April but dropped 12.1% from a year earlier. Additionally, average hourly earnings gained 0.3% in May from previous month's figure to $24.96 per hour, higher than the consensus estimate of a 0.2% rise. The average hourly earnings witnessed a 2.3% rise from the year-ago figure, the highest rate since Aug 2013. Bullish Domestic Data Economic data was bullish in nature. Construction spending touched its highest level in more than six years in April. The ISM Manufacturing Index increased in May. Sales of domestic-made vehicle sales increased in May. Retail sales increased in May, led by increase in demand for automobiles. CPI registered the biggest gain in May since Feb 2013, while PPI also increased. Durable goods orders excluding defense and aircraft orders, a proxy for business investment, increased in May. Consumer Confidence also increased in June. Some reports were on the negative side. Factory orders declined in April while the ISM Services Index declined in May. Industrial production fell in May, following a decline in April. Automatic Data Processing, Inc.'s ADP data on private sector hiring came in a tad below estimates, but confirmed the economy is recovering. Resurgence in Housing Data on housing was also mostly positive. Housing starts declined in May, but figures for April were revised upward. The annual pace of permits for new construction hit the fastest pace since Aug 2007. U.S. homebuilder sentiment increased to a nine-month high in June. U.S. construction spending touched its highest level in more than six years in April. Spending on private construction touched its highest level since Oct 2008. Sales of existing homes increased at the fastest pace in May since Nov 2009. New home sales increased at the fastest pace since Feb 2008. Pending home sales also increased, exceeding expectations. Greece Crisis Looms Lingering uncertainty over striking a deal between Greece and its creditors dampened sentiment during the first week of June. Gains for stocks were limited during the second week due to the IMF halting negotiations with Greece. Eurozone finance ministers failed to strike a deal with Greece over the country's bailout program during the third week as well. Uncertainty over Greece's bailout program led to daily deposit outflow of around one billion euros, which eventually led to the ECB approving an emergency loan to Greece's banking system. Concerns about Greek debt crisis led to investors taking money out of equities and parking them in safe haven assets like Treasury bonds. Breakdown in Talks Breakdown in cash-for-reform talks between Greece and its lenders over the weekend left the country teetering on the brink of a default and a subsequent exit from the euro currency bloc. Eurozone finance ministers rejected Greece's proposal for a one-month bailout extension. Meanwhile, the Greek government called for a referendum on whether to accept the cash-for-reform measures as demanded by its creditors. The country's parliament approved Greece Prime Minister Alexis Tsipras' call for a referendum to be held on Jul 5. The Greek government ordered its banks to stay shut through Jul 6 in order to prevent the country's financial system from collapsing. The country's central bank imposed capital controls to curb the flow of money exiting the country. On the final day of the month, Greece defaulted on IMF repayments, despite submitting a fresh two-year aid proposal to its creditors. FOMC Policy Statement An overwhelming majority of Federal Reserve officials believe that the improving U.S. economy is strong enough to withstand one or two rate hikes this year. The \""dot plot\"" of Fed officials' rate projections showed rates increasing to a median level of 0.625% by the end of 2015, indicating two rate hikes this year. However, 7 Fed officials took a dovish stance, expecting only one rate hike in 2015. Officials at the Federal Open Market Committee policy meeting kept short term interest rates unchanged. The Fed has kept its benchmark interest rates at a near zero level since 2008. The central bank wants to see continued improvement in the labor market and inflation rate moving closer to its target rate of 2% before hiking rates. Fed Chair Emphasizes Trajectory Over Timing Fed Chairwoman Janet Yellen said that \""some progress\"" has been made on these two criteria but \""room for further improvement remains\"". Yellen added that Fed members haven't yet decided to raise rates this year as the decision will depend on how the economy evolves. Yellen noted that the economy has \""expanded moderately\"". Yellen did mention the economy managed to recover from the \""soft patch\"" of the first quarter. Harsh winter weather, strikes at Western Coast ports, stronger dollar hampering exports and decline in business investment adversely affected economic growth in the first quarter. The central bank reduced its growth projections for this year due to the meltdown in the first quarter. Fed officials now see the economy expanding by 1.8% to 2%, down from an earlier projection of 2.3% to 2.7%. Meanwhile, Yellen emphasized that the central bank's policy will remain accommodative even after the first rate hike. She said: \""Market participants should not focus on the timing of the first rate hike. What's more important is the entire trajectory of interest rates.\"" 5 Star Performers for June I ran a screen on Research Wizard for companies with the following parameters: ( Click here to sign up for a free trial to the Research Wizard today ): Percentage price change over the last 4 weeks greater than or equal to 10% Forward price-to-earnings ratio (P/E) for the current financial year (F1) less than or equal to 20. This picks out stocks that are good value choices Expected earnings growth for the current financial year greater than or equal to 20% Zacks Rank less than or equal to 2: This ascertains stocks that have shown above-average returns over the last 26 years. (See the performance of Zacks' portfolios and strategies here: About Zacks Performance ). Here are the top 5 stocks that made it through this screen: Green Dot CorporationGDOT is the largest provider of prepaid debit card products and prepaid card reloading services in the US, as well as a leader in mobile banking with its GoBank mobile bank account offering. Price gain over the last 4 weeks = 29.6% Expected earnings growth for current year = 25.7% Green Dot holds a Zacks Rank #2 (Buy). The stock's forward price-to-earnings ratio (P/E) for the current financial year (F1) is 15.85. Isle of Capri Casinos, Inc.ISLE is a developer, owner and operator of branded gaming and related lodging and entertainment facilities in growing markets in the US. Price gain over the last 4 weeks = 23.5 % Expected earnings growth for current year = 43.9% Isle of Capri Casinos holds a Zacks Rank #1(Strong Buy) and it has a P/E (F1) of 16.60x. Alps Electric Co. Ltd.APELY is a Japan-based company mainly engaged in the manufacture and sale of electronic components and audio equipment. Price gain over the last 4 weeks = 19.2% Expected earnings growth for current year = 26.4% Apart from a Zacks Rank #1 (Strong Buy), Alps Electric has a P/E (F1) of 16.01x. LegacyTexas Financial Group Inc.LTXB is a bank holding company. The company's holdings include LegacyTexas Bank. The bank offers commercial, small business, and consumer deposit and lending products, title and insurance services through its bank subsidiaries. Price gain over the last 4 weeks = 16.9% Expected earnings growth for current year = 59.3% LegacyTexas holds a Zacks Rank #2 (Buy) and it has a P/E (F1) of 18.58x. Commercial Vehicle Group Inc.CVGI supplies interior systems, vision safety solutions and other cab-related products for the global commercial vehicle market. Price gain over the last 4 weeks = 13.8 % Expected earnings growth for current year = 96.6% Apart from a Zacks Rank #2 (Buy), Commercial Vehicle Group has a P/E (F1) of 12.65x. Can Stocks Recover in July? Greece has dominated headlines and guided markets for most of June. The country has defaulted on an IMF payment despite submitting a fresh proposal to its creditors. Ultimately, the standoff over the country's debts will be decided by the results of a referendum to be held later this weekend. Meanwhile, GDP is expected to rebound in the second quarter. This view is supported by the recent flurry of bullish economic reports. Data on housing and hiring were particularly strong. This is expected to boost stocks in the days ahead. Additionally, in case \""Grexit\"" does come to pass, the effects may only last over the short term. A contagion effect is unlikely as Greece accounts for less than 2% of the Eurozone's GDP. Even if such a scenario occurs, the ECB is equipped to take necessary measures. Ultimately, the direction of stocks in July will be determined by whether investors choose to focus on the fate of Greece or strong economic indicators. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report GREEN DOT CP-A (GDOT): Free Stock Analysis Report COMML VEHICLE (CVGI): Free Stock Analysis Report ALPS ELECTRIC (APELY): Free Stock Analysis Report ISLE OF CAPRI (ISLE): Free Stock Analysis Report LEGACY TX FINL (LTXB): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-07-02,69.1127,69.1394,68.3662,68.7745,"3 Travel Stocks for Independence Day Weekend - Analyst Blog Independence Day travel weekend is poised to be the busiest for holidaymakers since 2007. According to the American Automobile Association (AAA), around 41.9 million travelers are projected to travel 50 miles or more during the weekend. Cheaper gasoline prices, an upbeat labor market and a rise in consumer confidence are prompting more number of people to plan a holiday getaway this weekend. The Independence Day weekend is usually the busiest summer holiday travel period. Fourth of July Weekend Travel to Rise Independence Day Weekend travel is anticipated to increase 0.7% from 41.6 million people who traveled last year. Additionally, estimates for travelers during the Independence Day weekend is 13% higher compared to the forecasted Memorial Day weekend travelers. (Read: Memorial Day Weekend Travel to Hit 10-Yr High: 3 Choices ) Almost 85% or 35.5 million travelers are expected to drive, an increase of 0.7% over last year's Independence Day weekend. This would also be the highest since 2000. Travelers, in general, are already driving more. According to the Federal Highway Administration, travelers drove 987.8 billion miles for the first four months of 2015, topping 2007's record of 965.5 billion. Air travel is expected to account for 7.7% of all Independence Day holiday travel. About 3.21 million leisure travelers will take to the sky, which is 1.5% higher than year ago level. Additionally, a record number of travelers are expected to fly this summer season surpassing the pre-recession high in 2007, according to Airlines for America. (Read: Airlines Expect Busiest Summer Ever: 2 Stock Picks ) Meanwhile, travel by other modes of transport including cruises, trains and buses are expected to increase 0.5% to 3.2 million this Independence Day holiday. However, travelers will have to bear moderately higher lodging costs this Independence Day. According to AAA's Leisure Travel Index, average stay in a Three Diamond hotel will cost 9% higher this year at $195, while the cost of a Two Diamond hotel will be 6% higher this year at $145. Additionally, airfares for the top 40 domestic flights may also rise 6% to $227 this year. Nevertheless, cheap gasoline prices and rise in wages are expected to boost disposable income, which will eventually spur an uptick in Independence Day travel. Disposable income is slated to increase by 3.8% from last year. Cheapest Gasoline Price in 5 Years Most drivers are likely to pay the lowest Independence Day gas prices in last five years. The nation's average gas price for this year is $2.78, 88 cents less than the average gas price for Independence Day 2014. The drop in gasoline prices has resulted in savings of $65 billion this year, an average $530 for American households. Drop in oil prices have dragged U.S. gasoline prices to such low levels. A stronger U.S dollar and abundant supply of oil are expected to curb further rise in oil prices. Moreover, uncertainty about Greece's financial stability might adversely impact financial markets thereby reducing global energy demand, resulting in further decline in prices. Crude oil prices are hovering around the $60 per barrel range since mid-April. Excluding turmoil in Middle East, strong Atlantic hurricanes and sudden increase in demand, oil prices are expected to fall further this year. Upbeat Jobs Market Improving employment market is fueling vacation planning this holiday weekend. The average hourly earnings gained 0.3% in May from previous month's figure to $24.96 per hour. The average hourly earnings witnessed a 2.3% rise from the year-ago figure, the highest rate since Aug 2013. The US economy also recorded the largest job additions in May since Dec 2014. A total of 280,000 jobs were created in May. Meanwhile, private sector hiring increased at the fastest pace in six months in June. According to the Automatic Data Processing, Inc. ADP a total number of 237,000 private jobs were added last month, higher than the upwardly revised May's jobs additions to 203,000. The numbers were higher than market expectations too, as economists were eyeing an addition of 220,000 jobs. An upbeat jobs report indicated the economy was on a solid footing. Further, the Consumer Confidence Index, a key determinant of the economy's health advanced to 101.4 in June from 94.6 in May. (Read: US Consumer Confidence Up Despite Greek Crisis: 3 Picks ) 3 Choices Given these encouraging factors, it is expected that consumer spending levels will increase and a higher number of people spend their money on travel.Personal consumption expenditure has already recorded its biggest jump in May since Aug 2009. Below we present three stocks that have a good Zacks Rank. Further, thanks to our new style score system we have been able to identify growth stocks which have incredible potential in the near term. Marriott Vacations Worldwide Corp.VAC is a developer, seller and manager of vacation ownership resorts under the Marriott and Ritz-Carlton brands and trademarks. This Zacks Rank #1 (Strong Buy) company has a Growth Style Score of 'B.' The company has expected earnings growth of 18.3% for the current year. The stock's earnings estimates for the current year were revised 1.5% upward over the last 60 days. The forward price-to-earnings ratio (P/E) for the current financial year (F1) is 26.47. Carnival CorporationCCL offers a broad range of cruise services and is one of the world's largest multiple-night cruise companies. This Zacks Rank #2 (Buy) company has a Growth Style Score of 'B.' The company has expected earnings growth of 27.5% for the current year. The stock's earnings estimates for the current year were revised 1.6% upward over the last two months. It has a P/E (F1) of 19.76x. SkyWest Inc.SKYW through its subsidiaries operates one of the larger regional airlines in the United States. This Zacks Rank #1 (Strong Buy) company has a Growth Style Score of 'B.' The company has significantly high expected earnings growth for the current year. The stock's earnings estimates for the current year were revised 32.9% upward over the last 60 days. It has a P/E (F1) of 11.68x. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report CARNIVAL CORP (CCL): Free Stock Analysis Report SKYWEST INC (SKYW): Free Stock Analysis Report MARRIOT VAC WW (VAC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-07-06,68.1591,68.8642,68.0683,68.7745,"The Zacks Analyst Blog Highlights: Automatic Data Processing, Marriott Vacations Worldwide, Carnival and SkyWest - Press Releases For Immediate Release Chicago, IL - July 06, 2015 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Automatic Data Processing, Inc. ( ADP ), Marriott Vacations Worldwide Corp. ( VAC ), Carnival Corporation ( CCL ) and SkyWest Inc. ( SKYW ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free . Here are highlights from Thursday's Analyst Blog: 3 Travel Stocks for Summertime Fun Independence Day travel weekend is poised to be the busiest for holidaymakers since 2007. According to the American Automobile Association (AAA), around 41.9 million travelers are projected to travel 50 miles or more during the weekend. Cheaper gasoline prices, an upbeat labor market and a rise in consumer confidence are prompting more number of people to plan a holiday getaway this weekend. The Independence Day weekend is usually the busiest summer holiday travel period. Fourth of July Weekend Travel to Rise Independence Day Weekend travel is anticipated to increase 0.7% from 41.6 million people who traveled last year. Additionally, estimates for travelers during the Independence Day weekend is 13% higher compared to the forecasted Memorial Day weekend travelers. (Read: Memorial Day Weekend Travel to Hit 10-Yr High: 3 Choices ) Almost 85% or 35.5 million travelers are expected to drive, an increase of 0.7% over last year's Independence Day weekend. This would also be the highest since 2000. Travelers, in general, are already driving more. According to the Federal Highway Administration, travelers drove 987.8 billion miles for the first four months of 2015, topping 2007's record of 965.5 billion. Air travel is expected to account for 7.7% of all Independence Day holiday travel. About 3.21 million leisure travelers will take to the sky, which is 1.5% higher than year ago level. Additionally, a record number of travelers are expected to fly this summer season surpassing the pre-recession high in 2007, according to Airlines for America. (Read: Airlines Expect Busiest Summer Ever: 2 Stock Picks ) Meanwhile, travel by other modes of transport including cruises, trains and buses are expected to increase 0.5% to 3.2 million this Independence Day holiday. However, travelers will have to bear moderately higher lodging costs this Independence Day. According to AAA's Leisure Travel Index, average stay in a Three Diamond hotel will cost 9% higher this year at $195, while the cost of a Two Diamond hotel will be 6% higher this year at $145. Additionally, airfares for the top 40 domestic flights may also rise 6% to $227 this year. Nevertheless, cheap gasoline prices and rise in wages are expected to boost disposable income, which will eventually spur an uptick in Independence Day travel. Disposable income is slated to increase by 3.8% from last year. Cheapest Gasoline Price in 5 Years Most drivers are likely to pay the lowest Independence Day gas prices in last five years. The nation's average gas price for this year is $2.78, 88 cents less than the average gas price for Independence Day 2014. The drop in gasoline prices has resulted in savings of $65 billion this year, an average $530 for American households. Drop in oil prices have dragged U.S. gasoline prices to such low levels. A stronger U.S dollar and abundant supply of oil are expected to curb further rise in oil prices. Moreover, uncertainty about Greece's financial stability might adversely impact financial markets thereby reducing global energy demand, resulting in further decline in prices. Crude oil prices are hovering around the $60 per barrel range since mid-April. Excluding turmoil in Middle East, strong Atlantic hurricanes and sudden increase in demand, oil prices are expected to fall further this year. Upbeat Jobs Market Improving employment market is fueling vacation planning this holiday weekend. The average hourly earnings gained 0.3% in May from previous month's figure to $24.96 per hour. The average hourly earnings witnessed a 2.3% rise from the year-ago figure, the highest rate since Aug 2013. The US economy also recorded the largest job additions in May since Dec 2014. A total of 280,000 jobs were created in May. Meanwhile, private sector hiring increased at the fastest pace in six months in June. According to the Automatic Data Processing, Inc. ( ADP ) a total number of 237,000 private jobs were added last month, higher than the upwardly revised May's jobs additions to 203,000. The numbers were higher than market expectations too, as economists were eyeing an addition of 220,000 jobs. An upbeat jobs report indicated the economy was on a solid footing. Further, the Consumer Confidence Index, a key determinant of the economy's health advanced to 101.4 in June from 94.6 in May. (Read: US Consumer Confidence Up Despite Greek Crisis: 3 Picks ) 3 Choices Given these encouraging factors, it is expected that consumer spending levels will increase and a higher number of people spend their money on travel.Personal consumption expenditure has already recorded its biggest jump in May since Aug 2009. Below we present three stocks that have a good Zacks Rank. Further, thanks to our new style score system we have been able to identify growth stocks which have incredible potential in the near term. Marriott Vacations Worldwide Corp. ( VAC ) is a developer, seller and manager of vacation ownership resorts under the Marriott and Ritz-Carlton brands and trademarks. This Zacks Rank #1 (Strong Buy) company has a Growth Style Score of 'B.' The company has expected earnings growth of 18.3% for the current year. The stock's earnings estimates for the current year were revised 1.5% upward over the last 60 days. The forward price-to-earnings ratio (P/E) for the current financial year (F1) is 26.47. Carnival Corporation ( CCL ) offers a broad range of cruise services and is one of the world's largest multiple-night cruise companies. This Zacks Rank #2 (Buy) company has a Growth Style Score of 'B.' The company has expected earnings growth of 27.5% for the current year. The stock's earnings estimates for the current year were revised 1.6% upward over the last two months. It has a P/E (F1) of 19.76x. SkyWest Inc. ( SKYW ) through its subsidiaries operates one of the larger regional airlines in the United States. This Zacks Rank #1 (Strong Buy) company has a Growth Style Score of 'B.' The company has significantly high expected earnings growth for the current year. The stock's earnings estimates for the current year were revised 32.9% upward over the last 60 days. It has a P/E (F1) of 11.68x. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks ""Profit from the Pros"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report MARRIOT VAC WW (VAC): Free Stock Analysis Report CARNIVAL CORP (CCL): Free Stock Analysis Report SKYWEST INC (SKYW): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-07-07,68.8929,69.1227,67.9411,68.9786, ADP,2015-07-08,68.6808,68.7488,68.0496,68.0959, ADP,2015-07-09,69.0436,69.2666,68.6187,68.6541, ADP,2015-07-10,69.6532,69.6611,68.9865,69.3602,"[""Leidos Holdings, Inc. (LDOS) Ex-Dividend Date Scheduled for July 13, 2015 Leidos Holdings, Inc. ( LDOS ) will begin trading ex-dividend on July 13, 2015. A cash dividend payment of $0.32 per share is scheduled to be paid on July 30, 2015. Shareholders who purchased LDOS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that LDOS has paid the same dividend. At the current stock price of $39.56, the dividend yield is 3.24%. The previous trading day's last sale of LDOS was $39.56, representing a -16.14% decrease from the 52 week high of $47.18 and a 24.56% increase over the 52 week low of $31.76. LDOS is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). LDOS's current earnings per share, an indicator of a company's profitability, is -$4.32. Zacks Investment Research reports LDOS's forecasted earnings growth in 2015 as -5.86%, compared to an industry average of -2.2%. For more information on the declaration, record and payment dates, visit the LDOS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) Ex-Dividend Date Scheduled for July 13, 2015 SCIENCE APPLICATIONS INTERNATIONAL CORPORATION ( SAIC ) will begin trading ex-dividend on July 13, 2015. A cash dividend payment of $0.31 per share is scheduled to be paid on July 30, 2015. Shareholders who purchased SAIC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.71% increase over the prior quarter. At the current stock price of $52.22, the dividend yield is 2.37%. The previous trading day's last sale of SAIC was $52.22, representing a -6.73% decrease from the 52 week high of $55.99 and a 27.96% increase over the 52 week low of $40.81. SAIC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). SAIC's current earnings per share, an indicator of a company's profitability, is $2.91. Zacks Investment Research reports SAIC's forecasted earnings growth in 2016 as 4.38%, compared to an industry average of -1.6%. For more information on the declaration, record and payment dates, visit the SAIC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Gains Traction:Time to Hold? - Analyst Blog We updated our research report on Automatic Data Processing, Inc. (ADP) on Jul 8, 2015. ADP holds a dominant position in the payroll processing and human capital management market on the back of its robust product portfolio. The company continues to frequently upgrade its existing product portfolio as well as launch new products. In the reported quarter, the number of ADP's businesses in cloud increased to 480,000 and as many as 22 million pay customers were migrated to the new system. The company also transferred its small business clients to ADP RUN from the existing EasyPay platform. This has helped it to sustain a client retention rate of more than 90% (91.4% in 2014), which has translated into higher recurring revenues, an important growth driver over the long term. However, ADP faces significant competition in each of its product lines. Both its Employer services and PEO services segments compete with other independent business outsourcing companies in most of their operating regions. Moreover, the company faces significant regulatory risks in the U.S. as well as in the international markets. ADP's growth is significantly dependent on employment levels. The sluggish global macro-economic recovery rate post the great recession has affected the overall employment rate. This does not bode well for ADP. Moreover, as ADP earns interest income on funds held on behalf of clients, lower interest rates are hurting the company's top line. This will remain a concern going forward. ADP currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the wider technology sector include Blue Nile Inc. (NILE), Expedia Inc. (EXPE) and Autobytel Inc. (ABTL), all sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report EXPEDIA INC (EXPE): Free Stock Analysis Report BLUE NILE INC (NILE): Free Stock Analysis Report AUTOBYTEL INC (ABTL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-07-13,69.7597,70.024,69.4618,69.5388, ADP,2015-07-14,69.5299,69.7794,69.3288,69.6749, ADP,2015-07-15,69.7252,70.2508,69.3455,70.1946,"[""Noteworthy ETF Inflows: QQQ, TXN, BIDU, ADP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the PowerShares QQQ (Symbol: QQQ) where we have detected an approximate $181.9 million dollar inflow -- that's a 0.5% increase week over week in outstanding units (from 352,150,000 to 353,800,000). Among the largest underlying components of QQQ, in trading today Texas Instruments Inc. (Symbol: TXN) is down about 0.1%, Baidu, Inc. (Symbol: BIDU) is down about 1.4%, and Automatic Data Processing Inc. (Symbol: ADP) is higher by about 0.1%. For a complete list of holdings, visit the QQQ Holdings page \u00bb The chart below shows the one year price performance of QQQ, versus its 200 day moving average: Looking at the chart above, QQQ's low point in its 52 week range is $90.24 per share, with $111.16 as the 52 week high point - that compares with a last trade of $110.52. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Formula Systems (1985) Ltd. (FORTY) Ex-Dividend Date Scheduled for July 16, 2015 Formula Systems (1985) Ltd. ( FORTY ) will begin trading ex-dividend on July 16, 2015. A cash dividend payment of $0.34 per share is scheduled to be paid on August 13, 2015. Shareholders who purchased FORTY prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -36.45% decrease from the prior quarter. The previous trading day's last sale of FORTY was $29.35, representing a -3.13% decrease from the 52 week high of $30.30 and a 43.38% increase over the 52 week low of $20.47. FORTY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). FORTY's current earnings per share, an indicator of a company's profitability, is $1.65. For more information on the declaration, record and payment dates, visit the FORTY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wipro Limited (WIT) Ex-Dividend Date Scheduled for July 16, 2015 Wipro Limited ( WIT ) will begin trading ex-dividend on July 16, 2015. A cash dividend payment of $0.109357 per share Shareholders who purchased WIT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 35.32% increase over the prior quarter. The previous trading day's last sale of WIT was $12.17, representing a -14.17% decrease from the 52 week high of $14.18 and a 11.86% increase over the 52 week low of $10.88. WIT is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). WIT's current earnings per share, an indicator of a company's profitability, is $.57. Zacks Investment Research reports WIT's forecasted earnings growth in 2016 as 5.36%, compared to an industry average of -4.8%. For more information on the declaration, record and payment dates, visit the WIT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to WIT through an Exchange Traded Fund [ETF]? The following ETF(s) have WIT as a top-10 holding: First Trust ISE Chindia ( FNI ). The top-performing ETF of this group is FNI with an decrease of -3.08% over the last 100 days. It also has the highest percent weighting of WIT at 4.7%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-07-16,70.526,70.6541,70.0398,70.5358, ADP,2015-07-17,70.6315,70.6315,69.9825,70.1019, ADP,2015-07-20,70.094,70.1019,69.6976,69.9145,"Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for July 21, 2015 Simulations Plus, Inc. ( SLP ) will begin trading ex-dividend on July 21, 2015. A cash dividend payment of $0.05 per share is scheduled to be paid on July 30, 2015. Shareholders who purchased SLP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that SLP has paid the same dividend. At the current stock price of $6.66, the dividend yield is 3%. The previous trading day's last sale of SLP was $6.66, representing a -6.85% decrease from the 52 week high of $7.15 and a 20.65% increase over the 52 week low of $5.52. SLP is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SLP's current earnings per share, an indicator of a company's profitability, is $.21. Zacks Investment Research reports SLP's forecasted earnings growth in 2015 as 16.67%, compared to an industry average of 2.2%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-07-21,69.9224,70.0072,69.0259,69.2666, ADP,2015-07-22,69.454,69.8603,69.3101,69.5062, ADP,2015-07-23,69.2754,69.3692,68.6808,68.8642, ADP,2015-07-24,68.944,68.9618,67.7853,67.882,"Jobless Claims Hit 40-Yr Low: 4 Staffing Stocks - Analyst Blog Jobless claims declined 26,000 for the week ending Jul 18 to 255,000. This is the lowest level experienced since 1973. During the prior period, jobless claims declined by 15,000 to a seasonally adjusted 281,000. Initial claims have remained below the key level of 300,000 since late February, its longest streak in 15 years. These are clear signals that the labor market may be strengthening in the near term. Sustained Drop in Claims However, there is some seasonal volatility. Auto plants generally shut down during this time of the year since they retool operations for new models. During the week ending Jul 4, jobless claims jumped 15,000 to 297,000 due to auto plants closing down in states including Michigan and Ohio. Further, school staff varies as the period coincides with summer holidays. Hence, it will be a prudent idea to keep an eye on long-term trends. The four-week moving average evens out sharp fluctuations in weekly reports. Even in this case the underlying trend looks positive. The 4-week moving average edged down to 278,500 from previous week's unrevised average of 282,500. The average level of jobless claims has hovered near this mark since early April, indicating employers are retaining their staffs despite the odds. Payroll Additions to Rise An upbeat jobless claims report bolstered the view that nonfarm payroll additions for the month of July may exceed June's figure of 223,000. Analysts believe that employers will add around 250,000 jobs in July. Overall, the U.S. economy has been able to add an average 208,000 jobs a month in 2015. This positive report on labor market also comes in at a time when the unemployment rate has hit a 7-year low. Unemployment rate came in at 5.3% in June. The number of long-term unemployed also decreased by 381,000 to 2.1 million in June. Further, the U-6 rate dropped to 10.5% in June, its lowest level since Jul 2008. Hiring had already gained traction in both manufacturing and service sectors last month. Private sector hiring increased at the fastest pace in six months in June. According to the Automatic Data Processing, Inc. ADP , 237,000 private jobs were added last month, higher than market expectations of 220,000 jobs. The robust pace of growth indicated the US labor market ""remains in high gear,"" according to the report. Meanwhile, the Employment Index, a gauge of employment levels and hiring intentions increased 3.8 percentage points to 55.5% in June, its highest level since Dec 2014. Hiring was also broad based with 10 out of 18 manufacturing industries reporting employment growth, while only 3 posting a decline in employment. Broader Picture Encouraging Upbeat jobless claims report comes in at a time when the movement for hiking minimum wage is gaining ground nationally. Cities such as Seattle, San Francisco and Los Angeles have moved to raise minimum wages to $15 an hour, up from the federal minimum wage rate of $7.25 an hour. Also, the GDP is positioned to accelerate to 2.9% this year, its fastest growth in a decade. Initial claims numbers have consistently declined since the economy started to recover since 2009. This low level of layoffs generally results in increasing payrolls, eventually boosting staffing companies. Further, the US temporary staffing industry is poised to grow at 6% to $115 billion in 2015 and another 5% to an all-time high of $121 billion in 2016. 4 Staffing Picks Banking on these encouraging trends, we present four staffing stocks that have a good Zacks Rank and are expected to grow in the near term. Randstad Holding NVRANJY operates as a global provider of HR services including North America. It provides services such as temporary staffing, permanent placement and recruitment of middle and senior managers. RANJY holds a Zacks Rank #2 (Buy) and has expected earnings growth of 22.1% for the current year. In the past two months, the Zacks Consensus Estimate for the current year was revised 4.1% higher. ManpowerGroup Inc.MAN provides a variety of staffing and workforce management services, including temporary staffing services. MAN holds a Zacks Rank #2 (Buy) and has expected earnings growth of 3.6% for the next quarter. Over the past two months, the Zacks Consensus Estimate for the current year was revised 2.5% higher. Korn/Ferry InternationalKFY is the world's largest executive recruitment firm with global presence in the executive recruitment industry. KFY holds a Zacks Rank #2 (Buy) and has expected earnings growth of 6.7% for the current year. In the past two months, the Zacks Consensus Estimate for the current year was revised 0.9% higher. On Assignment Inc.ASGN is a provider of temporary scientific professionals to laboratories in biotechnology, food and beverage, chemical and environmental industries. ASGN holds a Zacks Rank #1 (Strong Buy) and has expected earnings growth of 17.9% for the current year. In the past two months, the Zacks Consensus Estimate for the current year was revised 6.3% higher. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report MANPOWER INC WI (MAN): Free Stock Analysis Report KORN/FERRY INTL (KFY): Free Stock Analysis Report ON ASSIGNMENT (ASGN): Free Stock Analysis Report RANDSTAD HOLDNG (RANJY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-07-27,67.735,68.0348,67.4036,67.8297,"The Zacks Analyst Blog Highlights: Automatic Data Processing, Randstad Holding, ManpowerGroup, Korn/Ferry International and On Assignment - Press Releases For Immediate Release Chicago, IL - July 27, 2015 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Automatic Data Processing, Inc. ( ADP ), Randstad Holding NV ( RANJY ), ManpowerGroup Inc. ( MAN ), Korn/Ferry International ( KFY ) and On Assignment Inc. ( ASGN ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free . Here are highlights from Friday's Analyst Blog: Jobless Claims at 40-Year Low: 4 Staffing Stocks Jobless claims declined 26,000 for the week ending Jul 18 to 255,000. This is the lowest level experienced since 1973. During the prior period, jobless claims declined by 15,000 to a seasonally adjusted 281,000. Initial claims have remained below the key level of 300,000 since late February, its longest streak in 15 years. These are clear signals that the labor market may be strengthening in the near term. Sustained Drop in Claims However, there is some seasonal volatility. Auto plants generally shut down during this time of the year since they retool operations for new models. During the week ending Jul 4, jobless claims jumped 15,000 to 297,000 due to auto plants closing down in states including Michigan and Ohio. Further, school staff varies as the period coincides with summer holidays. Hence, it will be a prudent idea to keep an eye on long-term trends. The four-week moving average evens out sharp fluctuations in weekly reports. Even in this case the underlying trend looks positive. The 4-week moving average edged down to 278,500 from previous week's unrevised average of 282,500. The average level of jobless claims has hovered near this mark since early April, indicating employers are retaining their staffs despite the odds. Payroll Additions to Rise An upbeat jobless claims report bolstered the view that nonfarm payroll additions for the month of July may exceed June's figure of 223,000. Analysts believe that employers will add around 250,000 jobs in July. Overall, the U.S. economy has been able to add an average 208,000 jobs a month in 2015. This positive report on labor market also comes in at a time when the unemployment rate has hit a 7-year low. Unemployment rate came in at 5.3% in June. The number of long-term unemployed also decreased by 381,000 to 2.1 million in June. Further, the U-6 rate dropped to 10.5% in June, its lowest level since Jul 2008. Hiring had already gained traction in both manufacturing and service sectors last month. Private sector hiring increased at the fastest pace in six months in June. According to the Automatic Data Processing, Inc. ( ADP ), 237,000 private jobs were added last month, higher than market expectations of 220,000 jobs. The robust pace of growth indicated the US labor market ""remains in high gear,"" according to the report. Meanwhile, the Employment Index, a gauge of employment levels and hiring intentions increased 3.8 percentage points to 55.5% in June, its highest level since Dec 2014. Hiring was also broad based with 10 out of 18 manufacturing industries reporting employment growth, while only 3 posting a decline in employment. Broader Picture Encouraging Upbeat jobless claims report comes in at a time when the movement for hiking minimum wage is gaining ground nationally. Cities such as Seattle, San Francisco and Los Angeles have moved to raise minimum wages to $15 an hour, up from the federal minimum wage rate of $7.25 an hour. Also, the GDP is positioned to accelerate to 2.9% this year, its fastest growth in a decade. Initial claims numbers have consistently declined since the economy started to recover since 2009. This low level of layoffs generally results in increasing payrolls, eventually boosting staffing companies. Further, the US temporary staffing industry is poised to grow at 6% to $115 billion in 2015 and another 5% to an all-time high of $121 billion in 2016. 4 Staffing Picks Banking on these encouraging trends, we present four staffing stocks that have a good Zacks Rank and are expected to grow in the near term. Randstad Holding NV ( RANJY ) operates as a global provider of HR services including North America. It provides services such as temporary staffing, permanent placement and recruitment of middle and senior managers. RANJY holds a Zacks Rank #2 (Buy) and has expected earnings growth of 22.1% for the current year. In the past two months, the Zacks Consensus Estimate for the current year was revised 4.1% higher. ManpowerGroup Inc. ( MAN ) provides a variety of staffing and workforce management services, including temporary staffing services. MAN holds a Zacks Rank #2 (Buy) and has expected earnings growth of 3.6% for the next quarter. Over the past two months, the Zacks Consensus Estimate for the current year was revised 2.5% higher. Korn/Ferry International ( KFY ) is the world's largest executive recruitment firm with global presence in the executive recruitment industry. KFY holds a Zacks Rank #2 (Buy) and has expected earnings growth of 6.7% for the current year. In the past two months, the Zacks Consensus Estimate for the current year was revised 0.9% higher. On Assignment Inc. ( ASGN ) is a provider of temporary scientific professionals to laboratories in biotechnology, food and beverage, chemical and environmental industries. ASGN holds a Zacks Rank #1 (Strong Buy) and has expected earnings growth of 17.9% for the current year. In the past two months, the Zacks Consensus Estimate for the current year was revised 6.3% higher. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks ""Profit from the Pros"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Find out What is happening in the stock market today on zacks.com. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report RANDSTAD HOLDNG (RANJY): Free Stock Analysis Report MANPOWER INC WI (MAN): Free Stock Analysis Report KORN/FERRY INTL (KFY): Free Stock Analysis Report ON ASSIGNMENT (ASGN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-07-28,67.8642,68.6541,67.5643,68.5604,"Automatic Data Processing (ADP): What's Up this Earnings? - Analyst Blog Automatic Data Processing, Inc.ADP is set to report fourth-quarter fiscal 2015 and full year results on Jul 30. Last quarter, it posted positive earnings surprise of 1.96%. The company has posted an average positive earnings surprise of 2.06% over the past four quarters. Let's see how things are shaping up for this announcement. Factors to Consider Automatic Data Processing is expected to gain on the back of improved execution and higher client retention. The company's retention rate of 90% has created a huge recurring revenue base, which is expected to be a major positive in the to-be-reported quarter. The firms believe that the spin-off of its dealer services segment will enable the company to focus more on its HCM (human capital management) solutions. In addition, Automatic Data Processing's higher revenue per client and lower cost of operations will place it in an advantageous position, going forward. Moreover, we expect the company to deliver top-line growth in the fourth quarter with rising demand in payroll processing and human resource administration solutions along with new offerings in the software-as-a-service (SaaS) space. However, a volatile macroeconomic environment and increasing competition from Paychex Inc. PAYX and Equifax Inc. EFX are the near-term headwinds. ADP's growth is significantly dependent on employment levels. The sluggish global macro-economic recovery rate post the great recession has affected overall employment rate. This does not bode well for ADP. Moreover, as ADP earns interest income on funds held on behalf of clients, lower interest rates are hurting its top line. This will remain a major concern going forward. Earnings Whispers Our proven model does not conclusively show that Automatic Data Processing will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: Automatic Data Processing currently has a 0.00% ESP because both the Most Accurate estimate and the Zacks Consensus Estimate stand at 59 cents. Zacks Rank: Automatic Data Processing has a Zacks Rank #3 (Hold),which increases the predictive power of ESP. However, we need to have a positive ESP to be confident about an earnings surprise. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Stock to Consider Here is a company that has the right combination of elements, according to our model, to post an earnings beat this quarter: Facebook, Inc. FB with an Earnings ESP of +6.45% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-07-29,68.449,70.2035,68.3889,70.0575,"[""Strategy To YieldBoost Automatic Data Processing From 2.4% To 10.1% Using Options Shareholders of Automatic Data Processing Inc. (Symbol: ADP) looking to boost their income beyond the stock's 2.4% annualized dividend yield can sell the November covered call at the $82.50 strike and collect the premium based on the $1.95 bid, which annualizes to an additional 7.7% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost ), for a total of 10.1% annualized rate in the scenario where the stock is not called away. Any upside above $82.50 would be lost if the stock rises there and is called away, but ADP shares would have to climb 1.9% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 4.3% return from this trading level, in addition to any dividends collected before the stock was called. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Automatic Data Processing Inc., looking at the dividend history chart for ADP below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 2.4% annualized dividend yield. Below is a chart showing ADP's trailing twelve month trading history, with the $82.50 strike highlighted in red: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the November covered call at the $82.50 strike gives good reward for the risk of having given away the upside beyond $82.50. ( Do most options expire worthless? This and six other common options myths debunked ). We calculate the trailing twelve month volatility for Automatic Data Processing Inc. (considering the last 309 trading day closing values as well as today's price of $81.02) to be 18%. For other call options contract ideas at the various different available expirations, visit the ADP Stock Options page of StockOptionsChannel.com. In mid-afternoon trading on Wednesday, the put volume among S&P 500 components was 541,900 contracts, with call volume at 1.05M, for a put:call ratio of 0.52 so far for the day. Compared to the long-term median put:call ratio of .65, that represents very high call volume relative to puts; in other words, buyers are preferring calls in options trading so far today. Find out which 15 call and put options traders are talking about today . Top YieldBoost Calls of the Nasdaq 100 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for July 30, 2015 : PG, MDLZ, COP, CL, EPD, TWC, OXY, TEVA, ALXN, ADP, CI, VLO The following companies are expected to report earnings prior to market open on 07/30/2015. Visit our Earnings Calendar for a full list of expected earnings releases. Procter & Gamble Company ( PG ) is reporting for the quarter ending June 30, 2015. The cleaning company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.94. This value represents a 1.05% decrease compared to the same quarter last year. PG missed the consensus earnings per share in the 3rd calendar quarter of 2014 by -0.93%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for PG is 20.21 vs. an industry ratio of 20.00, implying that they will have a higher earnings growth than their competitors in the same industry. Mondelez International, Inc. ( MDLZ ) is reporting for the quarter ending June 30, 2015. The food company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.39. This value represents a 2.50% decrease compared to the same quarter last year. In the past year MDLZ has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 10.81%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MDLZ is 24.74 vs. an industry ratio of 12.30, implying that they will have a higher earnings growth than their competitors in the same industry. ConocoPhillips ( COP ) is reporting for the quarter ending June 30, 2015. The oil company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.05. This value represents a 96.89% decrease compared to the same quarter last year. COP missed the consensus earnings per share in the 4th calendar quarter of 2014 by -3.23%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for COP is 158.30 vs. an industry ratio of 44.60, implying that they will have a higher earnings growth than their competitors in the same industry. Colgate-Palmolive Company ( CL ) is reporting for the quarter ending June 30, 2015. The cleaning company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.70. This value represents a 4.11% decrease compared to the same quarter last year. In the past year CL has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CL is 23.75 vs. an industry ratio of 20.00, implying that they will have a higher earnings growth than their competitors in the same industry. Enterprise Products Partners L.P. ( EPD ) is reporting for the quarter ending June 30, 2015. The oil/gas company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.31. This value represents a 8.82% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for EPD is 21.68 vs. an industry ratio of 22.60. Time Warner Cable Inc ( TWC ) is reporting for the quarter ending June 30, 2015. The cable tv company's consensus earnings per share forecast from the 17 analysts that follow the stock is $1.82. This value represents a 3.70% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for TWC is 25.81 vs. an industry ratio of 8.30, implying that they will have a higher earnings growth than their competitors in the same industry. Occidental Petroleum Corporation ( OXY ) is reporting for the quarter ending June 30, 2015. The oil company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.21. This value represents a 88.27% decrease compared to the same quarter last year. OXY missed the consensus earnings per share in the 3rd calendar quarter of 2014 by -5.39%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for OXY is 72.52 vs. an industry ratio of 44.60, implying that they will have a higher earnings growth than their competitors in the same industry. Teva Pharmaceutical Industries Limited ( TEVA ) is reporting for the quarter ending June 30, 2015. The medical company's consensus earnings per share forecast from the 17 analysts that follow the stock is $1.30. This value represents a 5.69% increase compared to the same quarter last year. In the past year TEVA has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 7.94%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for TEVA is 13.68 vs. an industry ratio of 4.80, implying that they will have a higher earnings growth than their competitors in the same industry. Alexion Pharmaceuticals, Inc. ( ALXN ) is reporting for the quarter ending June 30, 2015. The biomedical (gene) company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.30. This value represents a 31.31% increase compared to the same quarter last year. The last two quarters ALXN had negative earnings surprises; the latest report they missed by -9.32%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ALXN is 38.48 vs. an industry ratio of -15.70, implying that they will have a higher earnings growth than their competitors in the same industry. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending June 30, 2015. The outsourcing company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.59. This value represents a 6.35% decrease compared to the same quarter last year. In the past year ADP has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ADP is 27.41 vs. an industry ratio of 22.30, implying that they will have a higher earnings growth than their competitors in the same industry. Cigna Corporation ( CI ) is reporting for the quarter ending June 30, 2015. The insurance company's consensus earnings per share forecast from the 2 analysts that follow the stock is $2.38. This value represents a 21.43% increase compared to the same quarter last year. In the past year CI has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 5.95%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CI is 17.06 vs. an industry ratio of 12.50, implying that they will have a higher earnings growth than their competitors in the same industry. Valero Energy Corporation ( VLO ) is reporting for the quarter ending June 30, 2015. The oil refining company's consensus earnings per share forecast from the 9 analysts that follow the stock is $2.41. This value represents a 97.54% increase compared to the same quarter last year. In the past year VLO has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 7.47%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for VLO is 8.85 vs. an industry ratio of 19.20. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-07-30,68.0683,69.743,66.6718,68.1768,"[""Earnings Scheduled For July 30, 2015"", ""ADP Reports Q2 EPS $0.55 Vs Est $0.59, Sales $2.69B Vs Est $2.74; Sees FY 2015 EPS Growing 12%-14% & Rev Growing 7%-9%"", ""ADP Reports Q2 EPS $0.55 Vs Est $0.59, Sales $2.69B Vs Est $2.74; Sees FY 2015 EPS Growing 12%-14% & Rev Growing 7%-9%"", ""Earnings Scheduled For July 30, 2015"", ""Automatic Data Processing Misses on Q4 Earnings & Revenues - Tale of the Tape Founded in 1949, New Jersey based- Automatic Data Processing, Inc. ( ADP ) is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves approximately 637K clients across 125 nations. The company reports in three business segments - Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. The Employer Services segment includes human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. The Dealer Services segment provides integrated dealer management systems, digital marketing solutions and other business management solutions to the automotive, heavy truck, motorcycle, marine, recreational vehicle (RV), and heavy equipment retailers, distributors, and manufacturers. Zacks Rank : Currently, ADP has a Zacks Rank#3 (Hold) but that could change following its fourth quarter and fiscal 2015 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : ADP missed on earnings. Earnings from continuing operations came in at 55 cents per share, missing the Zacks Consensus Estimate of 59 cents. Earnings also decreased 12.7% year over year. Revenue : Revenues of $2,694.5 million came below the Zacks Consensus Estimate of $2,737 million but grew 5% year over year. Key Stats : New business bookings increased 18% year over year in the quarter and improved 13% in fiscal 2014. Stock Price : Shares prices did not show any movement in the pre-market trading session. Check back later for our full write up on this ADP earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Earnings Fail to Impress, but Strong New Business Bookings Bode Well for Future Growth Automatic Data Processing reported fiscal fourth-quarter results today. The payroll and human resources company delivered revenue and earnings that fell short of Wall Street's expectations. Shares closed down nearly 3% on the news. Fourth-quarter revenue from continuing operations rose 5% year over year, to $2.69 billion, and increased 8% when excluding the negative impact of foreign exchange-rate fluctuations. However, that was below the $2.74 billion in revenue Wall Street was expecting. Pretax earnings grew 7%, to $382 million, and 9% on a constant-currency basis, as pre-tax margin improved 30 basis points, to 14.2%. Earnings per share from continuing operations, boosted by share buybacks and a lower effective tax rate, increased 15%, to $0.55. That came in below analysts' estimates for $0.59 in EPS. However, management stated lower earnings were mostly a result of higher-than-anticipated selling expenses resulting from new business bookings that exceeded its expectations. In fact, worldwide new business bookings, which represent annualized recurring revenues expected from new sales orders, grew an impressive 18% in the fourth quarter. Operating segment results ADP's employer services segment, which offers a range of human capital management and business outsourcing solutions, saw revenue grow 2% in the fourth quarter, including a four percentage point negative impact from foreign exchange. Helping to drive this growth was a 2.9% increase in the number of employees on ADP clients' payrolls in the U.S. And although client revenue retention declined about 30 basis points compared to last year's fourth quarter, it remained at a record level of 91.4% for fiscal year 2015. Employer Services pre-tax margin also fell, decreasing 80 basis points compared to Q4 2014, mostly due to the previously mentioned higher selling expenses from better-than-anticipated new business bookings. On a full-year basis, pre-tax margin increased approximately 70 basis points, primarily due to improved operating efficiencies. ADP's PEO services segment, which provides employment administration outsourcing solutions, increased revenues 16% in the fourth quarter, while average worksite employees paid by PEO services rose 13%, to approximately 384,000. Segment profitability also improved, with PEO pre-tax margin expanding approximately 80 basis points due to increased sales productivity and operating efficiencies. Guidance ADP is forecasting full-year fiscal 2016 revenue growth of 7% to 9%, with anticipated revenue growth in the Employer and PEO segments of 5% to 6% and 15% to 17%, respectively. Management believes ADP's pre-tax margin will expand 50 basis points from 18.9% in fiscal 2015, including Employer Services pre-tax margin expansion of 100 basis points, and PEO Services pre-tax margin improvement of 50 basis points. All told, that increased profitability is expected to help drive earnings per share from continuing operations higher by 12% to 14% compared with $2.89 per share in fiscal 2015. \""ADP had another successful year, demonstrating that our strategy to drive sustainable growth is working,\"" said CEO Carlos Rodriguez in a press release. \""Our strong new business bookings growth across the ADP portfolio exceeded our expectations. This outperformance reflects the high demand for additional HCM solutions, including products that assist businesses in complying with the Affordable Care Act, and positions ADP well for long-term growth.\"" This $19 trillion industry could destroy the Internet One bleeding-edge technology is about to put the World Wide Web to bed. And if you act quickly, you could be among the savvy investors who enjoy the profits from this stunning change. Experts are calling it the single largest business opportunity in the history of capitalism... The Economist is calling it \""transformative\""... But you'll probably just call it \""how I made my millions.\"" Don't be too late to the party -- click here for one stock to own when the Web goes dark. The article ADP Earnings Fail to Impress, but Strong New Business Bookings Bode Well for Future Growth originally appeared on Fool.com. Joe Tenebruso has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Reports Q2 EPS $0.55 Vs Est $0.59, Sales $2.69B Vs Est $2.74; Sees FY 2015 EPS Growing 12%-14% & Rev Growing 7%-9%"", ""Earnings Scheduled For July 30, 2015""]" ADP,2015-07-31,68.238,68.5358,67.4795,67.873, ADP,2015-08-03,66.8692,68.1768,66.7981,68.1591, ADP,2015-08-04,68.5308,69.2489,68.1866,68.6462, ADP,2015-08-05,69.5812,69.8287,68.9194,69.6344,"[""Midday Update: Stocks Finding Support After Sluggish Payroll Gain, Fed Remarks on September Rate Increase Stocks Wednesday were in the green for the first time this week after a below-consensus private payrolls report today helped ease interest-rate jitters ignited by Atlanta Fed President Dennis Lockhart yesterday. Supported by better-than-expected earnings by Priceline ( PCLN ) and Time Warner ( TWX ) along with dovish comments from Fed Governor Jerome Powell, all three of the major market indices were higher this afternoon. The Nasdaq Composite index was outperforming its peers, rising over 1%, following a rebound for Apple ( AAPL ) shares today while an earnings-related sell-off for the Walt Disney Company ( DIS ) was keeping the Dow Jones Industrial Average only slightly higher in recent trading. Private-sector employers added 185,000 new jobs during July, according to a monthly survey by Automated Data Processing ( ADP ), trailing expectations for 210,000 net hires last month and marking the the first time in four months that private payrolls did not increase from the prior month. June hiring also was revised lower to 229,000 from the 237,000 new jobs initially reported. The U.S. trade deficit swelled to $43.8 billion in June, led by a 0.1% decline in exports and a 1.2% increase in imports and topping the $43.0 billion deficit Wall Street expected. While jobs and trade were more bearish than expected, data on the services sector of the economy showed a marked improvement. The final July purchasing manager's index increased to 55.7 from June's 54.8, beating estimates for a more modest improvement to 55.2. The Institute for Supply Management non-manufacturing index jumped to 60.3 reading in July from June's 56.0 score, also topping expectations for a 0.2 rise. The number briefly halted this morning's advance although Wall Street soon overlooked the above-consensus gain, focusing instead on the bearish ADP and trade deficit data. European equities all finished sharply higher following positive earnings and better-than-expected euro-zone manufacturing data. Mining stocks also outperformed despite continued pressure on gold prices . Crude oil was down 68 cents to $45.07 per barrel. Natural gas was up a penny to $2.83 per 1 million BTU. Gold was down $7 to $1,083.80 per ounce, while silver was down 6 cents to $14.50 per ounce. Copper was down 2 cents to $2.34 per pound. Among energy ETFs, the United States Oil Fund was down 1.18% to $15.04 with the United States Natural Gas Fund was up 0.74% to $13.55. Among precious-metal funds, the Market Vectors Gold Miners ETF was down 0.38% to 13.24 while SPDR Gold Shares were down 0.39% to $103.90. The iShares Silver Trust was down 0.14% to $13.90. Here's where the U.S. markets stand at mid-day: NYSE Composite Index up 25.08 (+0.23%) to 10,849.78 Dow Jones Industrial Average down 16.83 (-0.10%) to 17,533.86 S&P 500 up 7.09 (+0.34%) to 2,100.41 Nasdaq Composite Index up 39.85 (+0.78%) to 5145.40 GLOBAL SENTIMENT Nikkei 225 Index up 0.46% Hang Seng Index up 0.44% Shanghai China Composite Index down 1.65% FTSE 100 Index up 0.98% CAC 40 up 1.65% DAX up 1.57% NYSE SECTOR INDICES NYSE Energy Sector Index up 0.12% NYSE Financial Sector Index up 0.31% NYSE Healthcare Sector Index up 0.65% UPSIDE MOVERS (+) TECU (+147.75%) To be acquired by an affiliate of Mueller Industries (MLI) and Atlas Holdings for $123 million. (+) CDRB (+83.78%) CEO discussed the growing prevalence of Bring-Your-Own-Device (BYOD) Enterprises and iRAPP adoption during a BizTechReports webcast (+) FNJN (+48.48%) Awarded nearly $40 mln in damages in patent case against Blue Coat Systems (+) LGIH (+21.47%) Beats EPS estimates, raises FY 2015 earnings outlook (+) FSLR (+17.26%) Beats Q2 estimates and sees 2015 above street (+) ZEN (+14.70%) Beats both Q2 EPS and revenue estimates DOWNSIDE MOVERS (-) LL (-23.26%) Q2 sales missed estimates, same-store sales down 10%, swung to a loss and missed estimates for three cent per share profit (-) ETSY (-21.32%) Missed EPS estimates on better-than-expected revenue (-) CSTE (-18.85%) Q2 sales miss estimates, EPS beats forecasts, lowered FY15 sales outlook below street estimates (-) ONCE (-15.79%) Reported a wider-than-expected loss for Q2. (-) RSO (-12.21%) Missed earnings and revenue estimates, takes a loan impairment charge, and announces a 1 for 4 reverse stock split (-) GLU (-16.23%) Reported Q2 non-GAAP profit from year-ago loss, sets Q3 guidance below street (-) DIS (-8.48%) Posted upbeat Q3 profit but revenue missed estimates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Jobs Results Come in Light - Ahead of Wall Street Wednesday, August 5, 2015 Stocks appear on track to start today's session in the green, with the soft(ish) labor market reading from ADP ( ADP ) likely impacting expectations for the government jobs report on Friday. Labor market readings are particularly important at present as they are believed to be key to the Fed's decision to start the rate hiking process next month or delay it to a later date. The ADP jobs report came short of expectations. This monthly labor market reading from the largest payroll processor in the country serves as a preview for the all-important monthly non-farm payroll report from the U.S. government's Bureau of Labor Statistics. The ADP read shows gains of 185K in July relative to estimates of 210K and the prior month's 229K gain (prior month revised down from 237K). This report could put downward pressure on estimates for Friday's BLS report, which currently stand at 212K, per Bloomberg.com. The July gains were concentrated in the service sector of the economy, with the bulk of the jobs coming from small and medium-sized employers. In the aggregate, the services providing industries added 178K in July while goods-producing industries added only 8K. The Construction industry had another good month, adding 12K positions during the month, while manufacturing added only 2K jobs in July. The construction strength is in-line with what we have been seeing in other housing related readings like housing starts and new home sales numbers. The service-sector ISM survey coming out a little later will likely reconfirm the continued momentum on the service side of the economy, though the tepid manufacturing sector results are in-line with other readings of the sector, as was the case in Monday's manufacturing ISM survey. In terms of business size, large businesses (500 or more employees) added 64K jobs, medium-sized businesses added 62K, while small businesses with less than 50 employees in total added 59K jobs. On a month-to-month basis, the ADP report can be out-of-sync with the corresponding government jobs report, but the two reports do move together in the long run. Both reports showed the labor market losing steam in Q1 as the economy lost momentum, but we saw a pick-up in both reports in Q2 and hat trend appears to have continued in the current period as well. Today's reading a bit on the disappointing side, but not in any meaningful way; it still remains largely within the monthly rage over the last 12 months. The key takeaway from this and other economic readings from the Fed perspective is that the economy is on firm enough grounds to enable them to start the tightening process from the September FOMC meeting. Unless we see a disappointing BLS jobs report this Friday, a September lift-off is very much on the table. Sheraz Mian Director of Research Note: In order to get an email alert each time this author publishes a new article, click on the 'Follow Author' link at the bottom of the top-right box of links. In addition to this pre-market open daily article about the market, economy, and the corporate earnings picture, Sheraz also provides detailed earnings analysis in his weekly Earnings Trends and Earnings Preview reports. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Closing Update: S&P 500, Nasdaq Composite Snap Four-Day Losing Streak But Dow Unable To Keep Pace Stocks finished mixed Wednesday after private sector hiring last month trailed expectations and dovish comments by Fed Governor Jerome Powell helped ease interest-rate jitters. The Nasdaq Composite index and the S&P 500 both posted moderate gains but a late slump for the Dow Jones Industrial Average pulled the blue-chip index underwater just moments before the closing bell. Private-sector employers added 185,000 new jobs during July, according to a monthly survey by Automated Data Processing ( ADP ), trailing expectations for 210,000 net hires last month and marking the the first time in four months that private payrolls did not increase from the prior month. June hiring also was revised lower to 229,000 from the 237,000 new jobs initially reported. The U.S. trade deficit swelled to $43.8 billion in June following a 0.1% decline in exports and a 1.2% increase in imports, topping the $43.0 billion deficit Wall Street expected. Most industry sectors in the S&P 500 finished higher, led by technology stocks after Apple ( AAPL ) posted only its second gain in 12 trading sessions. Shares of health care companies also rose briskly today while energy stocks fell again after crude oil futures were unable to hang on to small earlier advances, settling just above $45 per barrel. Here's where the U.S. markets stood at the end-of-day: Dow Jones Industrial Average down 10.22 (-0.06%) to 17,540.47 S&P 500 up 6.52 (+0.31%) to 2,099.84 Nasdaq Composite Index up 34.40 (+0.67%) to 5,139.94 GLOBAL SENTIMENT Nikkei 225 Index up 0.46% Hang Seng Index up 0.44% Shanghai China Composite Index down 1.65% FTSE 100 Index up 0.98% UPSIDE MOVERS (+) TECU, Agrees to $123 mln buyout offer from Mueller Industries ( MLI ), which will exchange $5 in cash for each TECU shares, a 155% premium over yesterday's closing price. MLI shares also rose Wednesday. (+) FNJN, Receives $39.5 mln damage award after jurors in a federal patent-infringement trial by the company found rival Blue Coat Systems Inc. infringed on four of its patents under the Doctrine of Equivalents. (+) EFOI, Reverses year-ago $622,00 net loss, reporting $2.1 mln in Q2 net income. Net sales jumped 148% to $16.6 million. Also said it expects FY15 sales to more than double compared with year-ago levels. DOWNSIDE MOVERS (-) ATEC, Reports $0.04 per share Q2 net loss, doubling up the Capital IQ consensus expecting $0.02 per share loss. Its $46.6 mln in revenue also trailed analyst estimates by around $5.3 mln. (-) SALE, Adjusted Q2 earnings of $0.09 per share lag Street view by $0.04. Revenue falls 10.6% to $53.2 mln, also missing $57.31 mln consensus. Q3 revenue guidance trail analyst estimates. Lowers FY15 outlook below Street. (-) OHGI, Prices $3 mln public offering of 1.71 mln shares at $1.75 mln apiece, a 22% discount to Tuesday's closing price. Also issues three-year warrants to buy up to 857,143 more shares at $2.50 each. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-08-06,69.5812,69.664,68.1345,68.3227,"[""Tentative Ahead of Jobs, Fed - Ahead of Wall Street Thursday, August 6, 2015 Stocks appear on track to carry the moderately positive momentum from Wednesday into today's trading, with the major indexes expected to open in the green. But the overall mood remains tentative ahead of the key jobs reading and the Fed implications that go with that report. The July jobs report coming out tomorrow morning is expected to show 212K in 'headline' job gains (Bloomberg.com), which would compare to 223K the month before, with the unemployment rate expected to remain unchanged at 5.3%. The monthly jobs report is always a top-tier market mover, but the significance of this report has increased even more given the Fed angle, with many in the market expecting the Fed to go for a rate liftoff in the September meeting as long as economic data remains on the current improving trend line. We will have another jobs report in early September before the Fed meeting that month, but a weak report tomorrow will definitely push the liftoff to the December meeting, if not later. That said, a weak report doesn't mean something along the lines of what we saw from Wednesday's ADP ( ADP ) report, which came short of market expectations. We will need to see a really weak report tomorrow\u2026 a 'headline' reading in the 100K vicinity to sway the Fed. But the odds remain high that we will see a strong report tomorrow morning. Notwithstanding the soft(ish) ADP and factory sector ISM readings, weekly Jobless Claims and the service sector ISM are showing a lot more strength. Bottom line, I am looking for a better-than-expected report tomorrow. Beyond the Fed, the other key issue for the market lately has been the ongoing Q2 earnings season. In the Is it All Bad in the Q2 Earnings season report on Wednesday, we pointed out some of the reassuring aspects of the otherwise sub-par reporting cycle. We highlighted that a number of sectors like Retail, Medical and Finance were able to buck the all-around growth challenges and produce strong-enough growth this earnings season. The positive earnings profile of these sectors likely explains why stocks in these areas have been some of the best performers within the S&P 500 index lately. We also point out in that report that while aggregate earnings growth for the index is in the negative, the overall level of total earnings is on track to reach a new all-time quarterly record when looked at on an ex-Energy basis. Importantly, we cited that while estimates for 2015 Q3 were following the beaten path of downward revisions, the magnitude of revisions wasn't as severe as we have become accustomed to seeing in other recent periods. http://www.zacks.com/commentary/52823/is-it-all-bad-in-the-q2-earnings-season Including this morning's reports from the likes of Michael Kors ( KORS ), Allergan ( AGN ) and others, we now have Q2 results from 437 S&P 500 members or 87.3% of the index's total membership. Total earnings for these 437 index members are down -2.2% on -4.1% lower revenues, with 70.1% beating EPS estimates and 50% coming ahead of top-line expectations. The - 59.9% drop in Energy sector's total Q2 earnings on -31.5% lower revenues is the biggest drag on the aggregate growth picture. Excluding the Energy sector, total earnings for the S&P 500 would be up +5.6% on +1.4% higher revenues. Notwithstanding the positives cited earlier, the picture emerging from the Q2 earnings season is one of weakness, with growth non-existent, companies struggling to meet lowered top-line estimates and expectations for the current period still coming down. This isn't a good backdrop for stocks, particularly when viewed in the context of the Fed getting ready to start tightening monetary policy. Sheraz Mian Director of Research Note: In order to get an email alert each time this author publishes a new article, click on the 'Follow Author' link at the bottom of the top-right box of links. In addition to this pre-market open daily article about the market, economy, and the corporate earnings picture, Sheraz also provides detailed earnings analysis in his weekly Earnings Trends and Earnings Preview reports. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MICHAEL KORS (KORS): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report ALLERGAN PLC (AGN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for August 06, 2015 - Market News Markets ended mostly higher on Wednesday as weaker-than-expected job data reduced concerns regarding a rate hike in September. Moreover, encouraging service sector data had a positive impact on benchmarks. Though the S&P 500 and Nasdaq finished in the green in yesterday's trading, the Dow ended in the red as disappointing earnings performance of Walt Disney weighed on the blue-chip index. Meanwhile, another slump in oil prices dragged down energy shares. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) lost nearly 0.1% to close at 17,540.47. However, the Standard & Poor's 500 (S&P 500) rose 0.3% to 2,099.84. The tech-laden Nasdaq Composite Index closed at 5,139.94, gaining 0.7%. The fear-gauge CBOE Volatility Index (VIX) declined 3.8% to settle at 12.51. A total of around 2.43 billion shares were traded on Wednesday on NYSE. Advancers outpaced declining stocks on the NYSE. For 50% stocks that advanced, 48% declined. On Wednesday, Automatic Data Processing, Inc. ( ADP ) reported that that private sector generated 185,000 jobs in July, lower than the estimated 210,000. This was also lower than the previous month's tally of 229,000, which was revised downward from earlier reported figure of 237,000. The Services sector added 178,000 in July while goods-producing industries added only 8,000. The Construction industry had another good month, adding 12,000 positions during the month, while manufacturing added only 2,000 jobs in July. It is being speculated that this weak job addition data could put a downward pressure on Friday's Bureau of Labor Statistics (BLS) job report. It is also anticipated that the number of job additions in July may decline to its lowest level since January. Investors are speculating that the Fed may not opt for a rate hike in September as recently released economic data, including disappointing ADP numbers have raised doubts about economic health. Meanwhile, reading of the Institute for Supply Management's (ISM) services index in July came in better than expected. The ISM Services Index increased to 60.3 in July from June's 56, outpacing the consensus estimate of 56.4. It was also the highest level for the index since Aug 2005. Surge in business activity, favorable employment scenario and gain in new orders were the main reasons behind July's gain. Separately, shares of The Walt Disney Company ( DIS ) plunged 9.2%, witnessing its biggest one-day drop since 2008, after reporting fiscal third quarter revenue miss. Walt Disney posted quarterly revenues of $13,101 million, lower than the Zacks Consensus Estimate of $13,169 million. However, earnings per share of $1.45 beat the Zacks Consensus Estimate of $1.39. Revenues and EPS figure rose 5% and 13% year on year. The company was the biggest decliner among blue-chip companies yesterday. Walt Disney's dismal performance also dragged down the Consumer Discretionary Select Sector SPDR (XLY) by 1.1%, which was the biggest loser among the S&P 500 sectors. Key stocks from this sector including Time Warner Inc. ( TWX ), Comcast Corporation ( CMCSA ), Twenty-First Century Fox, Inc. ( FOXA ) and Ford Motor Co. ( F ) declined 9%, 4.5%, 7% and 0.7%, respectively. Additionally, prices of WTI crude oil and Brent crude oil declined 1.3% and 0.8% to $45.15 per barrel and $49.59 a barrel, respectively. While Brent crude oil reached its lowest level in six months, WTI crude hit a four and a half month low. This decline had a negative impact on the Energy Select Sector SPDR (XLE), which declined nearly 0.8%. Key energy stocks including Chevron Corporation ( CVX ), Kinder Morgan, Inc. ( KMI ), Williams Companies, Inc. ( WMB ) and ConocoPhillips ( COP ) lost 1.4%, 4.2%, 4.1% and 1.5%, respectively. Only 3 out of 10 S&P 500 sectors registered losses on Wednesday. Separately, shares of First Solar, Inc. ( FSLR ) surged 16.7% after announcing adjusted second quarter earnings per share of 52 cents, surpassing the Zacks Consensus Estimate of 7 cents. It was also significantly higher than prior-year figure of 4 cents. First Solar's revenues in the quarter increased 64.6% year over year to $896.2 million, also outpacing the Zacks Consensus Estimate by 20.1%. It was the best performer among the S&P 500 companies in yesterday's session. Moreover, The Priceline Group Inc.'s ( PCLN ) shares jumped 5.2% after declaring second quarter adjusted earnings per share of $11.57, exceeding the Zacks Consensus Estimate of $11.10. Also, company's revenues of $2.28 billion came in 7.4% higher than the year-ago figure. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report TWENTY-FST CF-A (FOXA): Free Stock Analysis Report FORD MOTOR CO (F): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report KINDER MORGAN (KMI): Free Stock Analysis Report WILLIAMS COS (WMB): Free Stock Analysis Report CONOCOPHILLIPS (COP): Free Stock Analysis Report FIRST SOLAR INC (FSLR): Free Stock Analysis Report PRICELINE.COM (PCLN): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-08-07,68.2202,68.4588,67.8208,68.3139,"[""Is Ultimate Software On Track To $1 Billion In Sales? U ltimate Software Group has made no secret of its intention to become a $1 billion company in 2018 -- a lofty goal for a firm that logged just over $500 million in revenue last year and competes against much larger outfits like Oracle and Automated Data Processing ( ADP ). GivenUltimate 's ( ULTI ) current growth trajectory, however, the goal looks well within reach. The company makes workforce management software designed to help clients better manage employee services such as payroll, benefits, recruiting, performance management and time management. Its main product is UltiPro, software that manages the employment life cycle from recruitment to retirement. Ultimate delivers it via the Internet cloud and mainly focuses on two customer types: enterprise companies with 1,000 or more employees, and mid-market companies with fewer than 1,000 employees. Ultimate competes in the human capital management (HCM) market. It's a crowded field that includes payroll and enterprise resource planning (ERP) software firmsOracle ( ORCL ) andADP ( ADP ) as well asPaychex ( PAYX ) and Ceridian, which is partly owned byFidelity National Financial ( FNF ). Recurring Revenue Racks Up Ultimate's ability to compete for business is borne out in its financial results. The company has put together a years-long streak of 20% or better revenue growth. More importantly, it has grown recurring revenue -- business that is likely to continue in the future -- by at least 25% per year for 14 straight years. The company boasts an excellent IBD Composite Rating of 98 out of a possible 99. Ultimate stock set a new high of 187.79 on Wednesday. Based on customer surveys, Ultimate's success in landing new business is due to a variety of different factors, says CEO Scott Scherr. Among other things, they include Ultimate's culture, the functionality of its products and the quality of the reporting, analytics and business intelligence that the company's customers receive. \""Our goal is to innovate all the time -- to make the product better all the time and to make the service better all the time,\"" Scherr told IBD. Ultimate also benefits from its growing brand recognition and its expertise as a payroll provider, especially in the mid-market, notes JPMorgan analyst Mark Murphy. The company \""stands out as one of few SaaS companies growing above 20% with a double-digit operating margin, and it demonstrated impressive business model resilience during the last U.S. recession,\"" Murphy noted in a recent research report. \""We expect consistent execution with recurring revenue growth in the low- to mid-20s as we see ample runway for Ultimate to attract a couple hundred new customers per year.\"" In addition to strong recurring revenue growth, Ultimate also boasts a customer retention rate of around 97%, Scherr says. \""Recurring revenue is the holy grail -- it's what we depend on to maintain our momentum,\"" he said. \""When you have 97% retention of that revenue, it's obviously a good business model,\"" Scherr added. \""Our goal now is to become a $1 billion company in 2018, and I think we are firmly on track for that.\"" In a second-quarter earnings note, Murphy said that Ultimate management can \""taste\"" the $1 billion revenue mark. He cited \""strong momentum of bookings, the pace of hiring, evidence of larger deals and excitement around pipelines.\"" 'Best Sales Quarter' Ultimate reported Q2 recurring revenue of $124.4 million, up 22% from the prior year. Overall revenue climbed 21% to $147.2 million, topping the consensus view of analysts polled by Thomson Reuters. Recurring revenue made up 84% of the total, with the rest coming from support services provided to clients. Ultimate's quarterly earnings rose 35% to 62 cents a share, also above estimates. \""It was the best sales quarter in our history, which followed Q1, which had been the best in history,\"" Scherr said. \""There is definitely momentum in the business right now, and we're just trying to take advantage of that as long as we can.\"" One way it looks to take advantage is by beefing up its workforce, particularly its sales team. \""We are adding 50 people a month, which says something about our growth,\"" Scherr said. Once it hires someone, Ultimate has a 93% employee retention rate, he says. The company gets about 60% of its employees from in-house referrals. The rest are evenly split between Ultimate's postings of jobs on job boards and its Tech Stars and Rising Stars internship program. Doing Deals With NetSuite Meanwhile, Ultimate looks for another boost from a partnership that it inked in March withNetSuite (N), a provider of ERP cloud services. Under terms of the deal, the two companies will integrate Ultimate's UltiPro HCM solution and NetSuite's ERP suite as a way of letting joint customers manage a host of different tasks, including financials, supply chain, CRM, payroll, human relations and talent management. In addition, NetSuite will refer HCM/payroll opportunities to Ultimate, which will in turn send ERP/financial leads to NetSuite. The two closed six joint deals during the second quarter. Around 100 joint deals remain in the pipeline. CEO Scherr calls it \""the perfect deal\"" to help both companies. \""They are not in our business, and we are not in their business,\"" he said. \""Our businesses complement each other. They built a better mousetrap in what they do, and we built a better mousetrap in what we do. It has a tremendous benefit to us. It helps both companies against a certain type of competition, which is ERP.\"" Scherr also called the partnership \""one of the things that helps us break through $1 billion in 2018.\"" The bottom line is also forecast to see decent growth. Analysts polled by Thomson Reuters expect Ultimate to increase annual EPS 18% this year and 23% in 2016. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""4 High-Yield Nasdaq Stocks to Buy Now - Analyst Blog Despite several concerns, the Nasdaq has been outperforming its fellow benchmarks right from the start of 2015. While weak second quarter earnings season and a continuous slump in crude prices dragged the Dow down by 2% over the last month, the Nasdaq gained nearly 1.2%. It also outpaced the S&P 500, which rose a meager 0.2% over the past month. However, a 4.3% decline in iShares Nasdaq Biotechnology (IBB) dampened the benchmark yesterday. Meanwhile, some of the major multinationals listed in the index suffered due to foreign exchange headwinds reflected in their dismal second quarter results. Moreover, strong economic data including recovery in second quarter GDP and a strong labor market raised the possibility regarding a rate hike in September, which had a negative impact on the benchmarks recently. In this volatile scenario amidst the increasing concerns about a rate hike, investors may opt for high yield stocks in order to obtain consistent income. Economic Rebound According to the \""advance estimate,\"" the second quarter GDP rose 2.3%, compared to the revised 0.6% growth rate witnessed in the first quarter. Additionally, the personal consumption expenditure (PCE) price index increased at the highest pace in more than three years during the quarter. Though the recent jobs report from Automatic Data Processing, Inc. ADP indicated a slowdown in labor market, the overall scenario remained positive. The report showed that the private sector generated 185,000 jobs in July, lower than the previous month's tally of 229,000. Meanwhile, a reading of the Institute for Supply Management's (ISM) services index in July came in better than expected. The ISM Services Index increased to 60.3 in July, the highest level for the index since Aug 2005. Rate Hike Worries Renewed concerns regarding a September rate hike had a negative impact on benchmarks including the Nasdaq in the past few sessions. Last Tuesday, Atlanta Fed Reserve president Dennis Lockhart signaled that the Fed is preparing for a rate hike in September. In an interview with The Wall Street Journal , Lockhart said that the given economic scenario is \""appropriate\"" to opt for a rate hike in near future unless the economy witnesses a \""significant deterioration.\"" Last week, the Federal Reserve Chairwoman Janet Yellen stated that the U.S. economy will strengthen and expects the central bank to hike interest rates \""at some point this year.\"" The Fed identified labor market conditions and inflation rate as the two main determinants to decide on rate hike. As labor market conditions recovered at an impressive rate and inflation rate is gradually picking pace, investors are speculating that there is a high possibility that the Fed will raise key interest rate in September. 4 High-Yield Picks Even if the there is no rate hike in September, high-yielding stocks that also promise significant return remain good picks. They are safe choices and promise strong income streams. Meanwhile, the Nasdaq stocks that have a high dividend yield are in a better position in this scenario as the benchmark is likely to continue its positive trend. Our selection in also backed by good Zacks Growth Score and Zacks Rank. We narrowed down our choices with the help of our new style score system . PetMed Express, Inc.PETS is America's largest pet pharmacy, which provides services through its 1-800-PetMeds. Apart from having a Zacks Rank #1 (Strong Buy), PetMed has a dividend yield of 4.27% and a Value Style Score of 'B.' The company also has a strong forward P/E ratio of 16.93. American National Bankshares Inc.AMNB operates as a one-bank holding company that provides financial services in Virginia and North Carolina. This Zacks Rank #2 (Buy) company has a dividend yield of 3.88% and a Value Style Score of 'B.' The company also has a forward P/E ratio of 14.54. Rent-A-Center, Inc.RCII is the largest rent-to-own operator in the U.S. offering durable goods such as consumer electronics, appliances, computers, furniture and accessories. RCII holds a Zacks Rank #2 (Buy) and has a dividend yield of 3.51%. Rent-A-Center also has a Value Style Score of 'A' and a forward P/E ratio of 12.37. Computer Task Group Inc.CTG provides information technology (IT) staffing, IT solutions, and application management outsourcing services in North America and Europe. Apart from having a Zacks Rank #2 (Buy), CTG has a dividend yield of 3.50% and a Value Style Score of 'A.' The company also has a strong forward P/E ratio of 16.75. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PETMED EXPRESS (PETS): Free Stock Analysis Report RENT-A-CENTER (RCII): Free Stock Analysis Report AMER NATL BNKSH (AMNB): Free Stock Analysis Report COMP TASK (CTG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-08-10,68.9273,69.734,68.9194,69.4283, ADP,2015-08-11,69.1394,69.6818,68.7045,69.1975,"[""Technology Select Sector SPDR Fund Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Technology Select Sector SPDR Fund (Symbol: XLK) where we have detected an approximate $111.2 million dollar outflow -- that's a 0.9% decrease week over week (from 305,655,897 to 303,055,897). Among the largest underlying components of XLK, in trading today International Business Machines Corp. (Symbol: IBM) is off about 0.7%, PayPal Holdings Inc (Symbol: PYPL) is down about 0.1%, and Automatic Data Processing Inc. (Symbol: ADP) is lower by about 0.1%. For a complete list of holdings, visit the XLK Holdings page \u00bb The chart below shows the one year price performance of XLK, versus its 200 day moving average: Looking at the chart above, XLK's low point in its 52 week range is $36.58 per share, with $43.81 as the 52 week high point - that compares with a last trade of $42.58. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paylocity Holding (PCTY) Q4 Earnings: What's in Store? Paylocity Holding CorporationPCTY is set to report fourth-quarter fiscal 2015 results on Aug 13. Last quarter, the company posted a positive earnings surprise of 200%. Let's see how things are shaping up for this announcement. Factors to Consider The company reported encouraging third-quarter fiscal 2015 results. Both revenues and earnings increased on a year-over-year basis. The solid year-over-year growth was mainly driven by strong demand from mid-market clients as well as seasonal annual tax filings including W-2 processing. Paylocity believes that a combination of its cloud-based industry leading software platform and an experienced sales team along with product innovation will continue to drive its revenues over the long run. Furthermore, the company expects the aforementioned factors along with a strong fourth-quarter selling season and increased investment in marketing activities to help it in achieving more than 38% revenue growth in the quarter. We also remain positive as Paylocity continues to invest in SaaS technology. It is to be noted that over the past few quarters a significant portion of revenues have been generated from clients moving from traditional payroll service providers to the company's SaaS-based services. Therefore, we believe that regular investments in technological upgrades along with product innovation will continue to boost the company's top-line results over the long run. However, competition in the payroll processing sector from new entrants as well as existing competitors such as Automatic Data Processing, Inc. ADP , Intuit Inc. and The Ultimate Software Group, Inc. remains a headwind. Earnings Whispers Our proven model does not conclusively show that Paylocity is likely to beat estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. That is not the case here, as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at a loss 13 cents. Hence, the difference is 0.00%. Zacks Rank: Paylocity's Zacks Rank #3 (Hold) when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few companies worth considering which, as per our model, have the right combination of elements to post an earnings beat this quarter: The Madison Square Garden Company MSG , with an Earnings ESP of +4.76% and a Zacks Rank #3 Ryerson Holding Corporation Com RYI , with an Earnings ESP of +20.00% and a Zacks Rank #3 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report MADISON SQUARE (MSG): Free Stock Analysis Report RYERSON HOLDING (RYI): Free Stock Analysis Report PAYLOCITY HLDG (PCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-08-12,68.6965,69.5132,68.1956,69.3859, ADP,2015-08-13,69.3602,70.6117,69.1886,70.1522, ADP,2015-08-14,69.9047,70.7646,69.7173,70.6117,"[""JP Morgan Maintains Neutral on Automatic Data Processing, Raises PT to $89.00"", ""JP Morgan Maintains Neutral on Automatic Data Processing, Raises PT to $89.00"", ""Paylocity Q4 Loss Narrower Than Expected, Revenues Beat Shares of Paylocity Holding CorporationPCTY went up 5.2% yesterday, after the company reported better-than-expected fourth-quarter fiscal 2015 revenues. Also, the company provided encouraging first-quarter as well as fiscal 2016 revenue guidance, which positively impacted the share price. The company reported adjusted loss per share (excluding one-time items but including stock-based compensation) of 8 cents per share, narrower than both the Zacks Consensus Estimate of a loss of 13 cents and a loss of 12 cents reported in the year-ago-quarter. Paylocity Holding Corporation - Earnings Surprise | FindTheBest Quarter Details Paylocity reported revenues of $40 million, which not only increased 39.6% from the year-ago quarter but also came ahead of the Zacks Consensus Estimate of $38 million. The year-over-over increase was driven by solid sales and operational implementation during the quarter. Also, increase in average revenue per new clients positively impacted quarterly revenues. Moreover, revenues were impacted positively by a 40.8% increase in recurring revenues and a 19.3% increase in implementation and other revenues on a year-over-year basis. Notably, during the quarter Paylocity launched the Enhanced Affordable Care Act (ACA) module, a new compliance solution to help clients manage the reporting requirements of the ACA. The company's adjusted gross margin (excluding one-time items but including stock-based compensation) increased 331 basis points (bps) on a year-over-year basis to 56.4%. According to the company, the higher gross margin was primarily due to the \""combination of the reseller purchase completed in the quarter along with natural leverage in our business model.\"" Paylocity reported adjusted operating loss (excluding one-time items but including stock-based compensation) of $4.3 million compared with a loss of $5.3 million reported in the year-ago quarter. Operating results were impacted by a 33.7% increase in operating expenses on a year-over-year basis. However, as a percentage of revenues, expenses decreased 305 bps on a year-over-year basis to 68.7%. The company's adjusted net loss (excluding one-time items but including stock-based compensation) came in at $4 million compared with a loss of $5.7 million reported in the year-ago quarter. On a GAAP basis, net loss came in at $4.4 million compared with a loss of $6.7 million reported in the year-ago quarter. Balance Sheet & Cash Flow Paylocity exited the fourth quarter with cash and cash equivalents of $81.3 million compared with $93.2 million in the previous quarter. Receivables were $1.1 million compared with $1 million in the previous quarter. Paylocity's balance sheet does not comprise long-term debt. The company reported cash flow from operations of $11.1 million for the year ended Jun 30, 2015. Guidance For the first quarter of fiscal 2016, Paylocity expects revenues in the range of $41 million to $42 million. The Zacks Consensus Estimate is pegged at $40 million. Adjusted EBITDA is expected to be approximately in the range of negative $1 million to $2 million. Non-GAAP net loss per share is expected to be in the range of 7 cents to 9 cents. The Zacks Consensus Estimate is pegged at a loss of 10 cents. For fiscal 2016, Paylocity expects revenues in the range of $199 million to $203 million. The Zacks Consensus Estimate is pegged at $188 million. EBITDA is expected to be approximately in the range of $10.5 million to $12.5 million. Non-GAAP net loss per share is expected to be in the range of 4 cents to 8 cents. The Zacks Consensus Estimate is pegged at a loss of 22 cents. Our Take Paylocity reported encouraging fourth-quarter fiscal 2015 results and provided a positive first-quarter and fiscal 2016 revenue guidance. Also, year-over-year comparisons on both counts were favorable. The results were driven by solid sales and operational implementation during the quarter. Also, an increase in average revenue per new client positively impacted quarterly results. Paylocity believes that a combination of its cloud-based industry leading software platform and an experienced sales team along with product innovation will continue to drive its revenues over the long run. We also remain positive as Paylocity continues to invest in SaaS technology. It is to be noted that over the past few quarters a significant portion of revenues have been generated from clients moving from traditional payroll service providers to the company's SaaS-based services. Therefore, we believe that the regular investments in technological upgrades along with product innovation will continue to boost the company's top line over the long run. Furthermore, higher adoption of Paylocity's ACA dashboard application that tracks employee count, employee status and health care plan affordability will act as a tailwind for the company in the long run. However, competition in the payroll processing sector from new entrants as well as existing competitors such as Automatic Data Processing, Inc. ADP , Oracle Corporation ORCL and SAP SE SAP remains a headwind. Currently, Paylocity has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SAP AG ADR (SAP): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report PAYLOCITY HLDG (PCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""JP Morgan Maintains Neutral on Automatic Data Processing, Raises PT to $89.00""]" ADP,2015-08-17,70.4677,72.1226,70.2626,72.0684,"ADP Makes Bullish Cross Above Critical Moving Average In trading on Monday, shares of Automatic Data Processing Inc. (Symbol: ADP) crossed above their 200 day moving average of $84.61, changing hands as high as $84.77 per share. Automatic Data Processing Inc. shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of ADP shares, versus its 200 day moving average: Looking at the chart above, ADP's low point in its 52 week range is $70.50 per share, with $90.23 as the 52 week high point - that compares with a last trade of $84.70. According to the ETF Finder at ETF Channel, ADP makes up 2.59% of the SPDR Morgan Stanley Technology ETF (Symbol: MTK) which is trading higher by about 0.4% on the day Monday. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-08-18,71.744,72.4471,71.5399,72.0595, ADP,2015-08-19,71.8011,72.5004,71.5122,71.8721,"Small Software Firm Rides ObamaCare, Tech To Big Gains P aycom Software is a pretty small fish in a pretty big pond of payroll and human resources software, competing against much larger players like Automated Data Processing ( ADP ), Ceridian and Paychex. Even so,Paycom ( PAYC ) doesn't have much problem delivering robust financial returns or taking share away from the big boys. This hasn't gone unnoticed by investors, who pushed Paycom's stock price to new highs this week. The company offers cloud-based human capital management (HCM) software delivered as Software as a Service. Its gear provides functionality and data analytics that businesses can use to manage the complete employment life cycle, from recruitment to retirement. It also offers tools to help clients manage ObamaCare plans. Most of its business comes from small and midsize firms. Apps And Competitors Paycom's HCM software features a suite of applications that range from employment applicant tracking and background checks to time and labor management, payroll and tax management, performance management and employee learning and training. There's plenty of competition in this field. Besides big players likeADP ( ADP ),Paychex ( PAYX ) and privately held Ceridian, other companies that offer HCM tools include smaller (for now) outfits such asUltimate Software Group ( ULTI ),Workday ( WDAY ),Cornerstone On Demand (CSOD) andPaylocity Holding (PCTY). Even software companies that don't specialize in payroll or HR are moving into the HCM space. ""Salesforce.com (CRM) is continuing to build out its product offering, andSAP (SAP) has exposure to the human capital management side of things,"" Morningstar analyst Peter Wahlstrom told IBD. (Salesforce is scheduled to disclose its second-quarter results after the market closes Thursday.) With only $151 million in sales last year, Paycom is dwarfed by multi-billion-dollar companies such as ADP. But it's still carving out market share thanks to the strength of its technology, analysts say. ""Paycom is chipping away at the fringe of the traditional payroll processing market,"" Wahlstrom said. ""Certainly the Software-as-a-Service model is something that a lot of newer companies are looking for. A lot of new customers are spending incrementally with Paycom that would not be spending with ADP or Ceridian because a lot of the functionality does not exist on those platforms."" On a Q2 conference call with analysts earlier this month, Paycom CEO Chad Richison said his company is ""relentlessly focused on software development."" In addition to rolling out new applications, he said, Paycom also continues ""to deepen the functionality within each of our existing offerings. As a result, we once again more than doubled our research and development expenditures"" during the second quarter by growing them 103% year-over-year on a non-GAAP basis. It's hard to argue with Paycom's results. It went public just last year, but has a yearslong streak of 33%-or-better revenue growth. Sales And Profit Take Off After the close on Aug. 4, Paycom reported Q2 revenue of $49 million, up 47% from the prior year and above consensus analyst estimates for $45.8 million. Recurring revenue climbed 46% and made up 97.6% of the total. Annualized new recurring revenue gained 43% to $16.5 million. The company also raised its full-year sales outlook. Second-quarter earnings more than tripled from a year earlier to 10 cents a share -- topping views by 4 cents -- while adjusted EBITDA more than doubled to $13.1 million. GAAP net income hit $5.9 million vs. $593,000 lost a year earlier. The day after reporting earnings, Paycom's stock price shot up 18% to 37.85. Shares set a record high of 41.36 this past Monday. The company's Q2 results were helped by a rising volume of larger deals, JPMorgan analyst Mark Murphy noted in a report. ""Management also highlighted good initial traction for two new products released in the quarter and reported encouraging deal wins with its Learning module, which was launched last quarter,"" Murphy said. ""The continued strong results solidify our belief that Paycom is in a position to capture market share and increase long-term shareholder value."" The market share gains will be partly driven by the Affordable Care Act, aka ObamaCare, which has added another layer of complexity to health benefits processing. Paycom's cloud-based products help clients manage changes under the ACA. Navigating ObamaCare In December, the company rolled out a new dashboard for its ACA software that lets customers more easily navigate. During the second quarter it added an enhanced ACA compliance offering with greater functionality for clients, CEO Richison said on the conference call. Based on feedback from monthly ACA webinars, he said, businesses ""are more concerned than ever by the employer mandate reporting requirements. With this in mind, we set out to aid eight businesses in their pursuit to better monitor, report and evaluate the organizational needs in order to comply with this significant piece of health-care reform."" Paycom is an IBD 50 stock with a 98 Composite Rating. It's the highest rated issue in IBD's Computer Software-Enterprise group, which ranks No. 46 out of 197 industries tracked. Other leaders areFleetmatics Group (FLTX), Ultimate Software,Blackbaud (BLKB) andManhattan Associates (MANH). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-08-20,71.2242,71.4777,70.3731,70.3731, ADP,2015-08-21,69.6344,70.0477,67.4126,67.4126,"Intuit (INTU) Q4 Loss Widens Y/Y; Issues Weak FY16 Outlook Intuit Inc.INTU recently reported fourth-quarter fiscal 2015 results, wherein it incurred an adjusted loss per share of 23 cents (including stock-based compensation but excluding amortization and other one-time items) from continuing operations. Though the figure was wider than the year-ago quarter loss of 15 cents, it was narrower than the Zacks Consensus Estimate of a loss of 25 cents. Intuit Inc. - Earnings Surprise | FindTheBest On a GAAP basis, Intuit's loss from continuing operations widened to 37 cents per share from 10 cents incurred a year ago mainly due to higher operating expenses. Quarter in Detail Revenues of $696 million came below the guided range of $720-$745 million and missed the Zacks Consensus Estimate of $740 million. However, on a year-over-year basis, revenues grew 7.2% mainly on the back of Intuit's ongoing transformation into a global cloud company. Services and Other revenues grew 7.2% year over year to $415 million, while product revenues improved 7.3% to $281 million. Segment-wise, Small Business Group recorded 5% year-over-year decline due to changes in desktop offerings as the company continues to focus on online solutions. Total desktop ecosystem revenue declined year over year as a result of 14% drop in desktop units. The company added 110,000 QuickBooks Online subscribers during the quarter bringing the total to 1075,000. Coming to the operational metrics, Intuit reported adjusted gross profit of $528 million, up 8% year over year mainly supported by higher revenues and lower cost of sales as a percentage of sales. Consequently, gross margin expanded 60 basis points (bps) to 75.9%. The company reported 14.6% year-over-year increase in adjusted operating expenses primarily due to higher research & development, selling and marketing and general & administrative expenditure. Higher operating expenses led to an adjusted operating loss of $86 million, which compared unfavorably with $47 million operating loss suffered a year ago. Intuit posted adjusted net loss from continuing operations (including share-based compensation but excluding amortization and other one-time items) of $67.2 million or 23 cents per share as against net loss of $42.6 million or 15 cents in the year-ago quarter. Balance Sheet and Cash Flows The maker of tax-preparation software TurboTax exited fiscal 2015 with cash and investments of $808 million. Long-term debt stood at $500 million at the end of fiscal year. Further, Intuit generated cash flow of $1.504 billion from operating activities. During the fiscal year, the company repurchased shares worth $1.245 billion and had roughly $2.6 billion remaining under the share buyback authorization. Outlook Intuit issued weak top-line guidance for the first quarter and fiscal 2016. The company expects revenues in the range of $4.525-$4.600 billion in fiscal 2016. The mid-point of $4.563 billion is lower than the Zacks Consensus Estimate of $5.025 billion. Non-GAAP operating income is projected within $1.45 billion to $1.48 billion. Non-GAAP earnings per share are expected between $3.40 and $3.45. The Zacks Consensus Estimate is pegged at $3.24. For the first quarter, the company expects to incur non-GAAP loss per share between 3 cents and 4 cents while the Zacks Consensus Estimate is pegged at a loss of 8 cents. Further, the company expects revenues in the range of $660-$680 million in the first quarter. The Zacks Consensus Estimate currently stands at $776 million. Our Take Intuit concluded fiscal 2015 on a dismal note. Although revenues grew on a year-over-year basis, loss widened. Moreover, the company issued weak top-line guidance for the first quarter and fiscal 2016. Nevertheless, we are positive on Intuit's growing SMB exposure and believe that the strategic acquisitions will boost the segment. The increased adoption of its cloud-based services and products is another positive. Intuit has also restructured its business to focus more on QuickBooks services. The company expects to continue to invest in the portfolio, which is likely to impact its near-term profitability. Moreover, the rising competition from payroll solution providers such as Paychex Inc. PAYX and Automatic Data Processing ADP is a concern, in our view, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit has a Zacks Rank #3 (Hold). A better-ranked stock in the technology sector is Mellanox Technologies, Ltd. MLNX sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report MELLANOX TECH (MLNX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-08-24,63.8454,66.1768,54.7012,64.9016, ADP,2015-08-25,66.7882,66.8859,62.4952,62.5524, ADP,2015-08-26,64.3414,66.2724,63.7813,66.1946,"Equifax & Danal Team Up to Unveil Mobile Shopping Service Recently, Equifax Inc.EFX and Danal, Inc. joined forces to provide a new mobile commerce service, to make shopping easier for customers. This joint effort will sell more merchandise and procure additional store card holders. Together, the companies intend to power the Instatouch Mobile Commerce Services by Equifax and Danal's real-time Mobile Identity Suite. Founded in 2006, Danal, Inc., also called BilltoMobile, offers mobile commerce solutions assisting the purchase of goods and services on PC, tablet and mobile phones. According to a company source, only 3% shopping carts convert to sales on mobile devices. The rest are abandoned because of the trouble of manually feeding data on small devices for authentication and payment. The new mobile service helps to overcome this difficulty and auto fills all the credentials, thereby helping to simplify and secure user experience. Today, smartphones, tablets and other mobile Internet devices are the biggest drivers of growth for the e-commerce industry. Consumers prefer mobile browsers for shopping, search and entertainment, and apps for navigation and acquiring information. They have shown a strong desire to order and pay online to avoid hassles associated with shopping at brick-and-mortar stores. In order to benefit from this change, Equifax is taking all the necessary measures for continued growth in the mobile payment business. The company continuously introduces new solutions to enhance mobile shopping experience and their rapid adoption drives growth. Going forward, with this mobile technology, shoppers can save a whole lot of time otherwise wasted in long queues at check-out counters. With the new mobile service, Equifax will not only be able to boost the online shopping experience but also gain market share, going forward. Applications like these are likely to be popular among retailers in order to attract buyers. We believe that its innovative technologies targeted toward retailers will allow Equifax to stay abreast of the changing times. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. FISV , and Moody's Corp. MCO and uncertainty in the mortgage sector are concerns. Currently, Equifax has a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQUIFAX INC (EFX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-08-27,66.6354,67.1037,65.0643,66.3908, ADP,2015-08-28,66.16,67.0466,66.1512,66.7172,"[""ADP Reports Intent to Initiate $2B Debt Offering at Future Date, Authorized to Buyback Added 25M Shares of Common Stock"", ""ADP Announces Intention to Initiate a $2.0 Billion Debt Offering at a Future Date; Authorized to Purchase an Additional 25 Million Shares of Its Common Stock Contingent Upon Offering's Completion"", ""ADP Announces Intention to Initiate a $2.0 Billion Debt Offering at a Future Date; Authorized to Purchase an Additional 25 Million Shares of Its Common Stock Contingent Upon Offering's Completion"", ""ADP Reports Intent to Initiate $2B Debt Offering at Future Date, Authorized to Buyback Added 25M Shares of Common Stock"", ""Technology Sector Update for 08/28/2015: ADP, AAPL, BA Top Technology Stocks:\u00c2 MSFT: -0.71% AAPL: -0.89% IBM: -0.03% CSCO: -0.69% GOOG: +0.17% Technology shares were plunging before the opening bell in tandem with a broader selloff. In technology stocks news, ADP ( ADP ) Friday reported it plans to issue $2 billion in public debt to finance a buy back of an additional 25 million ADP common shares, contingent upon the debt offering. ADP, global provider of human capital management solutions, said it plans to buy the additional shares back in the next 12 to 24 months. ADP said the the company's credit rating is \""within the AA/Aa ratings category,\"" allowing the leveraging to benefit shareholders. And, Smartphone maker Apple ( AAPL ) and plane manufacturer Boeing ( BA ) were among those contracted by the Pentagon to create high-tech sensory gear for soldiers, Reuters reported Friday. The U.S. government is reportedly contributing $75 million over five years for the stretchable electronics that could be embedded with sensors. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Announces Intention to Initiate a $2.0 Billion Debt Offering at a Future Date; Authorized to Purchase an Additional 25 Million Shares of Its Common Stock Contingent Upon Offering's Completion"", ""ADP Reports Intent to Initiate $2B Debt Offering at Future Date, Authorized to Buyback Added 25M Shares of Common Stock""]" ADP,2015-08-31,66.2478,66.7103,65.6097,65.7862, ADP,2015-09-01,64.2033,64.7596,63.5219,63.8967,"Stocks to Buy: Start Making Your Comeback with This Tech Pick MoneyMorning.com Report - Last Tuesday, I told you we have to start getting ""choosier"" about our stocks to buy . And I told you I'd be back soon with a prime choice. Today, I'm keeping that promise. The roller-coaster market we've seen over just the past week - though, really, it's been with us all year long - brings with it great buying opportunities for tech investors. The earlier rallies that were making some stocks so expensive are largely gone. One of my main jobs here is to help you make good choices when others are panicking. So today, we're ""putting our best foot forward"" by taking a look at a tech leader well off Wall Street's radar (they think it's merely a ""software"" company). I'm talking about quick triple-digit gains - and it's on sale... Getting Choosy About Stocks to Buy Now, the situation is a bit different than it was the last time we spoke. We had just come off the largest ever intraday point swing in the Dow Jones Industrial Average - when, on Monday, the index whipsawed 1,089 points. That day also saw one of the largest-ever daily point losses - and we witnessed another big loss on Tuesday. Then, last Wednesday and Thursday things came roaring back. Whew! While the worst of it may be behind us, we don't know for sure. And the markets are still significantly down so far this year - 7.2% for the Dow and 4% for the Standard & Poor's 500 Index. Now, the challenge is to avoid getting complacent because the markets look good again - or paralyzed because you're afraid of what's going to happen next. After all, the S&P 500 brought us gains of 31% in 2013 and 13% in 2014. And since the bull market began in March 2009, it's up 170%. This is not the kind of buoyant market in which a rising tide lifts all boats, and that's what makes good stock selection - making good choices - so imperative. We're now going through a ""flight to quality"" in which we're looking for companies that will outgrow the economy and post solid fundamentals. In a market like this, we need to consider paying a premium for those best choices. Take the case of The Ultimate Software Group Inc. (Nasdaq: ULTI). With an estimated 6% to 8% share of its $11 billion market, this is one of the best specialized plays investors can make on the burgeoning cloud-computing sector. Our Best Choice Is in the Cloud Ultimate is a leader in a field known as human capital management (HCM). It offers a wide range of tools for human resources departments at firms with both hundreds and thousands of employees. Its main product is UltiPro, a cloud-based platform that manages the employment life cycle from recruitment to retirement. It's a managed suite of services that covers payroll, tax withholding, health services, and retirement accounts. That puts Ultimate in a cloud sector known as Software as a Service, or SaaS. For SaaS services, International Data Corp. estimates annual growth of 18% through 2018, when the market will be worth $50.8 billion. And according to the forecasters at MarketsandMarkets, the HCM market is growing at a 9.8% compound annual growth rate from $10.96 billion in 2014 to $17.49 billion by 2019. Now, just because a stock is ""on sale"" - and Ultimate is nearly 10% off its highs - that doesn't alone make it a good ""Buy."" It still needs to meet all five mandates of Your Tech Wealth Blueprint - our guide to finding quality stocks that you can use to build your long-term wealth. Let's see how Ultimate Software stacks up... Rule No. 1: Great Companies Have Great Operations We always look for well-run firms with top-notch leaders. Ultimate CEO Scott Scherr formerly worked as an executive at payroll management firm Automatic Data Processing Inc. (Nasdaq: ADP). He founded Ultimate Software in 1990 and took it public in 1998. Today, the firm has more than 2,800 customers with employees in 160 countries. It hosts more than 20 million human resources records in the cloud. It's won a string of impressive awards. This year, the firm ranked seventh on the list of Most Innovative Growth Companies as compiled by Forbes . And for the second year in a row, it made the 2015 InformationWeek Elite 100, a list of the top business technology innovators in the United States. Rule No. 2: Separate the Signal from the Noise To create real wealth, you have to ignore not just hype from the company, but also the noise coming out of Wall Street. This is one of those rare cases when the company's name actually works against it, creating a bit of ""negative hype."" The use of the word ""software"" - a somewhat stagnant business - makes it easy for investors to miss the fact that Ultimate is really a play on two of the biggest growth sectors out there - SaaS and cloud computing. Rule No. 3: Ride the Unstoppable Trends We look for stocks in red-hot sectors because they offer the best chance for market-beating gains. I've already shown you how Ultimate is a big play on the growth field for cloud-based HCM tech tools. But it also stands to gain from the continued globalization that shows no signs of slowing down. Citing data compiled from multiple surveys, Ultimate says 85% of global firms believe their payroll practices need improving and 71% are managing teams across borders more often. Of those responding, 58% say they are putting new policies in place to deal with their growing global workforce. And one out of four businesses cited incorrect tax withholding as a frequent mistake. Having personnel tools in the cloud makes it that much easier for firms to manage global workforces, which bodes well for Ultimate's continued expansion. Rule No. 4: Focus on Growth Companies that have the strongest growth rates almost always offer the highest stock returns. Last year, Ultimate booked a little more than $500 million in revenue. But it's forecasting that sales will double to $1 billion by the end of 2018. And it has the track record to back it up. Ultimate has grown recurring revenue by at least 25% per year for 14 straight years . Over the last several years, it has consistently grown sales by 20% or better. In the second quarter, sales jumped 22% from the prior year, topping consensus forecasts. And non-GAAP income increased 37% to $18.4 million. Rule No. 5: Target Stocks That Can Double Your Money This is where we look at earnings projections and see how long it will take the firm to double profits. By doing that, we can figure out how long it will take for the stock to double. I've gone through the firm's financials, and I'm projecting earnings per share will grow an average of 22%. That's a conservative figure - half its actual growth rate over the last three years. Now, we use what I call my Doubling Calculator. Divide the compound growth rate of 14 into the number 72. We find that it should take a little more than three years for ULTI stock to give us 100% gains. Ultimate trades at $190, giving it a $5.4 billion market cap. It has 8% operating margins and a 15% return on equity. Over the past year, it has gained 28%, more than five times the S&P 500's 5% return. In other words, Ultimate is the ultimate post-sell-off foundational play. That's why it's our first ""choice"" when it comes to giving your portfolio a solid base in a choppy market. Profits as Easy as A B C... As market volatility continues, we need to be on the hunt for quality stocks now more than ever - ones that can beat this sideways market. And now that Google has announced a new corporate structure, complete with a new name, it's poised to crush the market over the next three years at least.Here's how to cash in... To get full access to all Money Morning content including our latest Premium Report, ""How to Make 2015 Your Wealthiest Year Ever,"" click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience - for free . Our experts - who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV - deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-09-02,65.0466,65.6097,64.1975,65.591,"[""Midday Update: U.S. Markets Starting to Retrace Earlier Advance But Gains Slowed By Losses For Energy Stocks Stocks Wednesday were recovering from yesterday's late-day freefall, trying to climb back to their best levels of the day despite another deep sell-off for oil. The Dow Jones Industrial Average opened over 200 points higher after Chinese authorities again stepped in overnight to support stock prices although the bluechip index at one point had given back nearly half of its earlier gains. The Chinese intervention pared deep losses earlier for the Hang Seng and Shanghai China Composite indices and also helped calm overseas jitters, encouraging modest gains in Europe today and a pre-market rally for U.S. stocks. Economic data today comprised some of those early gains although futures briefly regained their footing and opened sharply higher. But unfortunately for bulls, a more aggressive rebound off Tuesday's nearly 500-point decline for the Dow was frustrated when an expected rise in crude oil inventories last week fueled another drop in oil prices and increasing caution before the August payroll report on Friday. Wall Street is expecting non-farm payrolls show another 200,000 gain following a 190,000 increase in private payrolls, according to a monthly survey by Automated Data Processing ( ADP ), which was slightly below estimates expecting around 210,000 new hires last month although a revised increase for July payrolls to 177,000 employees helped ease worries. Q2 non-farm productivity also was robust, with initial reports of a 0.5% increase was revised significantly higher to a 3.3% gain, also beating expectations for a 2.8% rise. Unit labor costs fell 1.4%, reversing initial reports of a 0.5% increase. Also today, factory orders rose 0.4% during July, missing the estimates for a 0.9% increase but June orders were revised to a 2.2% rise from the 1.8% gain first reported. In Europe, equities ended higher, tracking gains in the U.S. Oil stocks on the UK FTSE-100 were again the big losers, extending their slide on U.S. indices. Crude oil was down $1.48 to $43.92 per barrel. Natural gas was down 5 cents to $2.65 per 1 million BTU. Gold was down $6.90 to $1,133.00 per ounce, while silver was down 11 cents to $14.51 per ounce. Copper was up a penny to $2.31 per pound. Among energy ETFs, the United States Oil Fund was down 3.03% to $14.36 with the United States Natural Gas Fund was down 1.10% to $12.57. Among precious-metal funds, the Market Vectors Gold Miners ETF was down 2.12% to 13.38 while SPDR Gold Shares was down 0.57% to $108.58. The iShares Silver Trust was down 0.50% to $13.87. Here's where the U.S. markets stood at mid-day: NYSE Composite Index up 44.71 (+0.45%) to 9,919.38 Dow Jones Industrial Average up 173.42 (+1.08%) to 16,231.77 S&P 500 up 16.33 (+0.85%) to 1,930.18 Nasdaq Composite Index up 49.88 (+1.08%) to 4,685.99 GLOBAL SENTIMENT Nikkei 225 Index down 0.39% Hang Seng Index down 1.18% Shanghai China Composite Index down 0.20% FTSE 100 Index up 0.41% CAC 40 up 0.30% DAX up 0.32% NYSE SECTOR INDICES NYSE Energy Sector Index down 1.15% NYSE Financial Sector Index up 0.13% NYSE Healthcare Sector Index up 0.49% UPSIDE MOVERS (+) SURG (+50.80%) Agreed to be bought by Valeant Pharmaceuticals ( VRX ) for $6.50 per share in cash. (+) VRA (+21.57%) Reported upbeat Q2 results (+) WMGI (+9.21%) Its BioMimetic unit received an approval order from the FDA for its Augment bone graft. (+) TSEM (+7.14%) Unveils breakthrough RF technology for smartphones and IoT applications DOWNSIDE MOVERS (-) HTWR (-19.20%) Agreed to acquire Valtech Cardio (-) AMBA (-13.24%) Weak Q3 guidance overshadowed a Q2 beat. (-) DGLY (-6.61%) Lost a patent dispute with Taser ( TASR ) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Don't Overplay the Bounce Wednesday, September 2, 2015 The major indexes are on track to start today's session in the positive, despite the soft(ish) labor market reading from payroll processor ADP ( ADP ). While some may attribute today's bounce to Fed-centric hopes following the labor market report, I see it as nothing more than follow through to the favorable overnight market action out of Asia and Europe that came after Tuesday's outsized losses. I wouldn't put too much 'stock' in today's bounce\u2026 the issues that gave us the recent sell-off are still very much with us. The ADP jobs report, which serves as a preview for the all-important monthly non-farm payroll report from the U.S. government's Bureau of Labor Statistics, came short of expectations. The report shows gains of 190K in August relative to estimates of 210K and the prior month's (unrevised) 185K gain. One would expect this 'miss' to put downward pressure on estimates for the Friday BLS report, which currently stand at 223K, per Bloomberg.com. But the ADP report hasn't had that stellar a track record lately - it failed to give us a good preview of the BLS report last month and a number of other times recently as well. While the report is on the soft side, it is nevertheless within the monthly range over the past 12 to 18 months. Gains in the report were concentrated in the service sector of the economy, with the bulk of the jobs coming from small and medium-sized employers. In the aggregate, the services sector added 173K in August while goods-producing industries added only 17K. The construction industry had another strong month, adding 17K positions during the month, while manufacturing added a not-too-shabby 7K jobs. The construction strength is in-line with what we have been seeing in other housing related readings like housing starts and new home sales numbers. The service-sector ISM survey coming out Thursday will likely reconfirm the continued momentum on the service side of the economy, though the manufacturing sector results are a tad bit better than what we saw in the factory sector survey on Tuesday. In terms of business size, large businesses (500 or more employees) added 40K jobs, medium-sized businesses added 66K, while small businesses with less than 50 employees in total added 85K jobs. The key report from the Fed's perspective is Friday's BLS non-farm payroll reading, though many in the market suspect that the recent China-inspired market volatility has lowered the odds of the central going for lift-off this month. It will be unfortunate in my judgment if that turns out to be the case - the U.S. economy is strong enough at present to withstand the start of a monetary policy normalization process. As I have shared with folks before in this space, the Fed started the zero interest rate policy when the U.S. economy was literally in freefall. We are not even remotely in that sort of situation today. Hesitation on the part of the Fed to start the lift-off this month will be sending a bad signal about the state of the economy, in my view. Sheraz Mian Director of Research Note: In order to get an email alert each time this author publishes a new article, click on the 'Follow Author' link at the bottom of the top-right box of links. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-09-03,65.5998,66.4411,65.5329,65.9805,"Stock Market News for September 03, 2015 Benchmarks ended higher on Wednesday amid strong domestic data and rise in oil prices . The Fed's Beige Book showed that the U.S. economy experienced solid growth. These developments helped benchmarks end a three-day losing run, caused primarily by the slowdown in Chinese economy. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) gained 1.8% or 293.03 points to close at 16,351.38. The Standard & Poor's 500 (S&P 500) also advanced 1.8% to end the day at 1,948.86. The tech-laden Nasdaq Composite Index closed at 4,749.98, increasing 2.5%. The fear-gauge CBOE Volatility Index (VIX) plunged 16.9% to settle at 26.09. A total of about 6.7 billion shares were traded on Wednesday, lower than the last five trading sessions' average of 9.1 billion. Advancing stocks easily outpaced decliners on the NYSE. For 72% stocks that advanced, 25% declined. The Fed's Beige Book showed economic activity continued to expand in the U.S, with manufacturing activity turning out to be ""mostly positive"" in New York and Kansas City. Additionally, retail sales ""continued to expand"" in most of the 12 districts, while reports on the real estate sector were largely positive. The Beige Book also showed labor market tightening increased wage pressures in several districts. This was in contrast to earlier reports that showed there were wage gains mostly in high-skilled jobs. Higher wage pressure results in uptick in consumer spending levels, which eventually boosts jobs. Meanwhile, private sector job creation numbers increased at a slightly faster pace in August than in July. A total of 190,000 private jobs were added in August, according to the Automatic Data Processing, Inc. ( ADP ). This was higher than July's downward revised job additions of 177,000. The numbers were just in line with market expectations, as economists were eyeing an addition of 190,000 - 227,000 jobs. Small businesses added most of the jobs. Companies with less than 50 employees created 85,000 new jobs, while big companies with more than 500 employees added only 40,000 jobs. The ADP report stated that ""Goods-producing employment rose by 17,000 in August, more than double the 7,000 gained in July"". The report also stated: ""The construction industry added 17,000 jobs in August, up from 15,000 last month. Meanwhile, manufacturing added 7,000 jobs in August, after gaining only 1,000 in July."" In other economic news, the U.S. Department of Commerce reported that new orders for manufactured goods increased 0.4% in July. This was less than the consensus estimate of 0.7% rise. This reading follows an increase of 2.2% in June. Rise in July's factory orders were led by a 5.5% increase in transportation equipment. Separately, shipments and inventories data were down 0.2% and 0.1%, respectively, while unfilled orders increased 0.2%. Meanwhile, oil prices bucked the declining trend to end in the green on Wednesday. Oil prices had declined initially after U.S. Energy Information Administration showed a weekly rise in oil inventory level. However, oil prices rebounded and the gains before the end of the trading session boosted investor sentiment. While the price of WTI crude oil advanced 1.8% to $46.25 per barrel on Wednesday, price of Brent crude gained 1.9% to $50.50 per barrel. Rise in oil prices helped the energy shares end in the green. The Energy Select Sector SPDR (XLE) gained 0.9%. Key stocks from the energy sector including Exxon Mobil Corporation ( XOM ) and ConocoPhillips ( COP ) increased 1.6% and 0.9%, respectively. Separately, the Technology Select Sector SPDR (XLK) advanced 2.4% and was the biggest gainer among the S&P 500 sectors. Key holdings from the sector including Apple Inc. ( AAPL ), Microsoft Corporation ( MSFT ), AT&T Inc. ( T ), Google Inc ( GOOGL ) and International Business Machines Corporation ( IBM ) increased 4.3%, 3.7%, 1.6%, 2.4% and 1.7%, respectively. Overall, all 10 sectors of the S&P 500 ended in the green. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report CONOCOPHILLIPS (COP): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report AT&T INC (T): Free Stock Analysis Report GOOGLE INC-CL A (GOOGL): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-09-04,64.8671,65.4303,64.4341,64.7951,"Dow 30 Stock Roundup: GE Announces Divestment of Fleet Businesses, Intel Unveils 6th Gen Intel Core chips The Dow endured a mixed week, suffering record losses before rebounding on the last two days. The blue-chip index declined on Monday after Federal Vice Chairman Stanley Fischer's comments on Saturday left possibilities of a September rate hike wide open. The Dow posted its third biggest drop of the year on Tuesday in terms of points, slumping 2.8% or 469.68 points. The blue-chip index gained 1.8% on Wednesday amid strong domestic data and rise in oil prices . The Dow gained on Thursday amid Mario Draghi's dovish comments, upbeat economic data and fluctuations in oil prices. The Dow has declined 1.6% during the first four trading days. LastWeek's Performance Last Friday, the Dow declined 0.1% amid another surge in oil prices and a Fed official's comment on the timing of a rate hike. Investors' move to eliminate their short trading positions and increase in tensions in Yemen helped oil prices move north for the second day on Friday. Saudi's ground offensive on Yemeni forces raised concerns about supply disruption, which eventually boosted oil prices. Dow components Exxon Mobil Corporation XOM and Chevron Corporation CVX advanced 0.3% and 3.6%, respectively. Meanwhile, investors remained focused on Federal Reserve Vice Chairman Stanley Fischer's comments on the timing of a rate hike. He indicated that the central bank may raise interest rates this year, but didn't mention any specific time. Investors' reaction to the less-than-expected rise in consumer spending remained mostly muted. Personal consumption expenditure increased 0.3% in July, less than the consensus estimate of a 0.4% increase. For the week, the Dow gained 1.1%. Additionally, the blue-chip index recorded its biggest intra-week reversal since the last week of Oct 1987. Upbeat GDP data, durable-goods report and rebound in oil prices helped benchmarks notch up gains for the week. Additionally, benchmarks staged a comeback on Wednesday after the New York Federal Reserve President William Dudley said that a September rate hike is ""less compelling"". Meanwhile, benchmarks had suffered a rout during the first two trading days of the week as investors were concerned about China's economic slowdown. The Dow declined to an 18-month closing low. Later, China's central bank decided to cut interest rates and reserve requirement ratio to shore up growth. The DowThisWeek The blue-chip index declined 0.7% on Monday after Federal Vice Chairman Stanley Fischer's comments on Saturday left possibilities of September rate hike wide open. Federal Vice Chairman Stanley Fischer said during the weekend that inflation in the U.S. is likely to rebound as pressure from dollar subsides. This in turn will allow the Fed to hike rates gradually. This follows Fischer's comments made last Friday, when he said that a September rate hike was ""pretty strong"" before China devalued its currency. Oil prices moved north on Monday after data projected decline in U.S. oil production levels. Further, OPEC's intention to talk to other oil producers regarding the recent slump in oil prices boosted global oil prices. Dow components Exxon Mobil and Chevron advanced 0.2% and 0.7%, respectively. For the month, the Dow plunged 6.6%. The blue-chip index notched up its biggest monthly decline in more than five years. Benchmarks slumped for the month on concerns that a weak Chinese economy would result in a global slowdown. Yuan devaluation also hurt stocks significantly. Uncertainty about the timing of a Fed rate hike was another major cause for the downfall. Meanwhile, continuous slump in oil prices dented investor sentiment. However, oil prices spiked during the last three trading days of the month. A steep decline in TV-subscribers weighed on the earnings results of major media companies. Separately, disappointing quarterly performance of The Walt Disney Company DIS and Wal-Mart Stores Inc. WMT weighed on the blue-chip index. Among the positives, GDP data came in better-than-expected. Second quarter GDP gained momentum, boosted by improved consumer spending. Benchmarks suffered their third biggest drop of the year on Tuesday as dismal China manufacturing data intensified global economic concerns. China's official manufacturing PMI fell to its lowest level in three years in August, dropping to 49.7 in August from July's reading of 50. This follows preliminary Caixin China Manufacturing Purchasing Managers' Index figure of 47.1 in August, which represents a 77-month low. Meanwhile, Christine Lagarde's comment that global economic growth could slow down added to investors' woes. The Dow posted its third biggest drop of the year in terms of points, slumping 2.8% or 469.68 points. The blue-chip index also posted its worst first trading day for a month since Mar 2009. The Dow gained 1.8% on Wednesday amid strong domestic data and rise in oil prices. The Fed's Beige Book showed economic activity continued to expand in the U.S, with manufacturing activity turning out to be ""mostly positive"" in New York and Kansas City. Additionally, retail sales ""continued to expand"" in most of the 12 districts, while reports on the real estate sector were largely positive. A total of 190,000 private jobs were added in August, according to the Automatic Data Processing, Inc. ADP . This was higher than July's downward revised job additions of 177,000. The numbers were just in line with market expectations, as economists were eyeing an addition of 190,000 - 227,000 jobs. New orders for manufactured goods increased 0.4% in July. The blue-chip index gained 0.1% on Thursday amid Mario Draghi's dovish comments, upbeat economic data and fluctuations in oil prices. Speaking at a news conference, European Central Bank (ECB) President Mario Draghi said the ECB is prepared to ""fully implement"" its asset buyback program until Sep 2016 ""or beyond"", if required. Meanwhile, the trade deficit declined in July to $41.9 billion from $45.2 billion in June, more than the consensus estimate of deficit of $43.1 billion. Additionally, the NMI edged 1.3 percentage point lower than July's reading to 59% in August. However, the reading was better than the consensus estimate of a decrease to 58.1%. Initial claims also increased, but continue to remain below the 300,000 mark for the past six months. An early rally in oil prices lost steam as the U.S. dollar continued to strengthen. However, oil prices posted modest gains at the end of the day, banking on weekly decline in oil production levels. Dow components Exxon Mobil and Chevron increased 0.8% and 0.3%, respectively. ComponentsMovingthe Index Boeing Co.BA has won a modification contract worth $1.49 billion, for additional production of the 14 P-8A Poseidon maritime surveillance aircraft. Per the contract, Boeing will manufacture and deliver 9 U.S. Navy full-rate production (""FRP"") Lot II P-8A aircraft and 4 Royal Australian Air Force FRP Lot II P-8A aircraft. The contract also includes the purchase of long-lead parts required to manufacture 20 P-8A FRP Lot III aircraft. Out of this, 16 are meant for the Navy and 4 for the Australian government. The Department of Defense (DoD) added that Boeing will provide FRP Lot II services and components comprising obsolescence monitoring, program management reviews, two airborne sensor A-kits and life-of-type buy items. The deliveries are due by Dec 2018. Cisco SystemsCSCO recently closed the acquisition of OpenDNS - a cloud-based security company - for $635 million. OpenDNS will now be incorporated into Cisco's security business group under the leadership of senior vice president and general manager, David Goeckeler. San Francisco-based OpenDNS offers cloud-based security solutions to both home and business users. The company's services prevent computer attacks from particular Internet domains and encrypt web traffic to limit eavesdropping and other such threats. Its services are easy to deploy and integrate and cater to more than 65 million customers across 160 countries. The buyout will add enhanced visibility and threat awareness of OpenDNS' cloud platform to Cisco's cloud security offerings. General Electric CompanyGE announced the completion of the sale of its U.S. fleet services business to Element Financial Corporation, in a deal valued at about $5 billion. The transaction amounts to ENI (Ending Net Investment) of roughly $4.4 billion. Separately, GE announced that the divestment of GE's Mexican, Australian and New Zealand fleet businesses to Element Financial Corporation. It is expected to conclude at the end of the third quarter, while that of its European fleet businesses, which is to be sold to Arval (a fully-owned subsidiary of BNP Paribas), is expected to close in the fourth quarter. The U.S. fleet services deal has freed about $0.6 billion of capital. The company is on track to reduce GE Capital's ENI by $100 billion by 2015 end, and expects to be mostly done with its exit strategy by the end of 2016. MicrosoftMSFT and Amazon AMZN have teamed up in the cloud computing arena. The Federal Aviation Administration (FAA) has awarded a $108 million, 10-year contract to IT consulting firm Computer Sciences Corporation and its team, which includes Amazon Web Services, Microsoft Azure and other strategic business partners. The deal could add up to $1 billion over the next decade. Per the deal, the FAA wants them to deliver cost-efficient cloud services, data center consolidation and cloud migration capabilities. So the Computer Sciences team has to consolidate FAA data centers and migrate the agency's data to the cloud-computing centers hosted by the two tech giants. United Technologies CorpUTX , a division of UTC Aerospace Systems has been selected by easyJet - a European airline to supply the wheels, carbon brakes and MRO support, for the 68 new Airbus A320ceo aircraft. The new wheels and brakes are designed as an enhancement to existing products and will be compatible across various A320ceo platforms. The new power system will provide easyJet with innovative technologies, high performance and additional flexibility to support the aircrafts. This contract should further foster extended brake life for the new A320ceo fleet, thereby generating significant cost savings. Intel CorporationINTC unveiled the sixth generation of Intel Core chips- i3, i5 and i7. The chips are capable of powering a range of new devices from tablet computers to high-end gaming PCs. Along with this, it also unveiled updated Core M processors -the Core M3, M5 and M7 chips - meant particularly for tablets and 2-in-1 hybrid devices that double up as tablets and notebooks with detachable keyboards. The technology is touted as its best processor architecture ever and marks a turning point in people's relationship with computers. Also, Intel hopes that these chips will help it revive the sagging PC market. DuPontDD announced that the U.S. Environmental Protection Agency (EPA) has granted registration approval for its new disease control active ingredient, oxathiapiprolin. The ingredient will be marketed by DuPont Crop Protection under the Zorvec moniker. DuPont said that Zorvec will deliver control and consistency that will enable the farmers to boost yield, realize better quality and improved productivity for a more successful crop. With this approval DuPont will take this innovative new technology to growers around the globe. Upon receiving other pending approvals, DuPont plans to launch Zorvec disease control in a number of countries including Mexico, China, and Australia later in 2015. Performance of the Top 10 Dow Companies The table given below shows the price movements of the 10 largest components of the Dow, which is a price weighted index, over the last five days and during the last six months. Over the last five trading days, the Dow has lost 0.5%. Next Week's Outlook Rate hike fears have returned to haunt the markets. These concerns have been triggered by widely varying comments from Fed officials which have kept investors guessing. And at the root of all this is weak economic data from China, exacerbated by a stock market slump. These factors have led to record losses for benchmarks for the week. At this point, the market's positive triggers are strong domestic economic data and rising oil prices. Of the two, domestic economic reports are maintaining a consistent trend, amidst all the uncertainty in other areas. Next week is relatively short on crucial economic reports. But still, data on inflation, wholesale inventories, consumer comfort and crude inventories are scheduled for release. If the majority of these reports are on the positive side, stocks could experience some stability in the days ahead. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CHEVRON CORP (CVX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report INTEL CORP (INTC): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-09-08,65.8011,66.5801,65.5329,66.5368,"[""Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for September 09, 2015 Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on September 09, 2015. A cash dividend payment of $0.49 per share is scheduled to be paid on October 01, 2015. Shareholders who purchased ADP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ADP has paid the same dividend. At the current stock price of $76.15, the dividend yield is 2.57%. The previous trading day's last sale of ADP was $76.15, representing a -15.6% decrease from the 52 week high of $90.23 and a 18.45% increase over the 52 week low of $64.29. ADP is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Cognizant Technology Solutions Corporation ( CTSH ). ADP's current earnings per share, an indicator of a company's profitability, is $3.05. Zacks Investment Research reports ADP's forecasted earnings growth in 2016 as 12.85%, compared to an industry average of 2.1%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""On Big Day for Corporate Debt Deals, Treasuries Take Hit""]" ADP,2015-09-09,67.2054,67.6127,66.2113,66.3651, ADP,2015-09-10,66.0121,67.452,65.9944,66.7182, ADP,2015-09-11,66.1669,67.1,66.1088,67.0496, ADP,2015-09-14,67.1965,67.4174,66.4174,66.5801, ADP,2015-09-15,66.7182,67.8888,66.5268,67.5476, ADP,2015-09-16,67.5792,68.3257,67.4341,68.1442, ADP,2015-09-17,68.2222,69.0713,67.8198,68.0082,"Will Rising Sponsorship Translate To Stock Gains? I nstitutional investors such as mutual and hedge funds control the lion's share of trading in the market. Individual traders want to align themselves with these deep-pocketed investors, who have an outsize effect on the destiny of a stock. About 80% of the stocks in the Dividend Leaders screen saw an increase in fund sponsorship in the most recent quarter. The five stocks with the biggest change in sponsorship include tobacco products manufacturerReynolds American ( RAI ), which is working on a new base. The pattern shows a 44.24 buy point. Fund sponsors -- not including banks, advisors and other institutions -- increased 18% to 1,435 in the latest quarter. Reynolds American has a 97 Composite Rating and 3.4% dividend yield. It will pay 36 cents a share on Oct. 1. CompetitorAltria Group ( MO ) also saw a rise in sponsorship, from 1,894 to 1,982 funds. The megacap stock is just below a 56.49 entry. In August, Altria announced an 8.7% increase to its quarterly dividend, which will be paid Oct. 9. The annualized dividend yield is 4.1%. Target ( TGT ) sponsors increased 6% in the most recent quarter to 1,798. The discount retailer will pay a 56-cent dividend on Dec. 10 to holders of record on Nov. 18. Target has paid quarterly dividends every quarter since becoming publicly held in 1967. Dunkin' Brands ( DNKN ) saw a jump from 354 to 416 fund sponsors in the latest period, including a new position from the well-regarded Columbia Acorn Z Fund . This column has recently featured Dunkin' Brands for its strong long-term earnings growth rate and a dividend yield above 2%. Automatic Data Processing ( ADP ) has been consolidating since hitting a record high in March. Sponsorship stepped up 5% to 1,394 funds in the latest period. On Oct. 1, ADP will pay a regular quarterly dividend of 49 cents, which works out to a yield of about 2.5%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-09-18,67.2626,68.4884,67.2449,67.6512, ADP,2015-09-21,67.9658,68.8218,67.6916,68.4106,"Equifax to Expand in Australia & New Zealand with Veda Bid Equifax Inc.EFX recently made a non-binding offer to acquire Veda Group Limited, the leading Australian credit information provider, to broaden its global operations. The Atlanta-based data management company proposed to acquire all the outstanding Veda shares at a price of AUD$2.70, a premium of about 35% over its Sep 17 closing price of AUD$1.995. The total deal value translates to about AUD$2.3 billion or USD$1.6 billion. If successful, this would be Equifax's biggest acquisition surpassing the $1 billion CSC Credit Services buyout in 2012. Veda, the leading Sydney-based data analytics provider, has principal operations in Australia and New Zealand. The company tracks credit information of about 20 million people and 5.7 million companies in the two countries. Equifax is the world's largest data management company which organizes and assimilates data related to more than 600 million customers and 81 million businesses globally, especially in the U.S. and Europe. The company entered the Australian market last year with the buyout of U.K.-based debt management software company TDX Group, which has a regional office in Sydney. Notably, financial checking in Australia has become stricter of late as the government is adopting a comprehensive credit reporting regime to counter money laundering and terrorist financing. So we believe that the recent move will give Equifax a substantial foothold in the country. The recent bid comes at an opportune moment as the Australian dollar has weakened about 20% compared with last year. Additionally, on Sep 17, Veda shares were trading 20% lower than the 52-week high of AUD$2.50 hit on Sep 19, 2014. Customers look for solutions that streamline data collection capabilities. We believe the addition of Veda's services will help Equifax to offer better data, technology and advisory solutions and position it as a leader in important markets. Equifax has made strategic acquisitions to supplement its core business. In 2014, Equifax acquired TDX Group and Forseva. The company expects to derive 1% to 2% revenue growth from these buyouts over the long term. Additionally, Equifax expands internationally through joint ventures that keep operating costs down and need no integration time while diversifying the revenue source. Management's efforts such as product innovation, expansion of data assets through acquisitions and continuous share gains in North America are encouraging. Also, the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure are likely to boost growth, going ahead. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. FISV , Moody's Corp. MCO as well as uncertainty in the mortgage sector raise concern. Currently, Equifax carries a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-09-22,67.1611,67.9037,66.945,67.8021, ADP,2015-09-23,67.95,68.309,67.5299,67.9578, ADP,2015-09-24,67.3061,68.3849,66.8879,68.1354,"After breaking a big Twitter scoop, Selerity shifts focus Content recommendation to business people is nearly a $4 billion market, Terpstra said CEO Ryan Terpstra says the company is moving toward more consumer services to grow its business." ADP,2015-09-25,68.8712,69.7537,67.9578,68.7538, ADP,2015-09-28,68.4806,68.8612,67.2389,67.3148,"[""Paychex to Report Q1 Earnings: Will it Surprise Estimates? Payroll and human resource solutions provider, Paychex Inc.PAYX is set to report first-quarter fiscal 2016 results on Sep 30. Last quarter, the company posted in-line earnings. It is worth noting that Paychex has outperformed the Zacks Consensus Estimate in two out of the four preceding quarters with an average positive earnings surprise of 1.1%. Let us see how things are shaping up for this announcement. Growth Factors this Past Quarter Paychex reported decent fourth-quarter results wherein the bottom line came in line with the Zacks Consensus Estimate while the top line beat the same. Moreover, on a year-over-year basis, both revenues and earnings increased. Also, we are encouraged by the company's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives, such as joint ventures and acquisitions, support its long-term growth strategy. Product launches are expected to provide additional support. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide growth opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity remain headwinds. Earnings Whispers? Our proven model does not conclusively show that Paychex will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stands at 51 cents. Hence, the difference is 0.00%. Zacks Rank: Paychex's Zacks Rank #2 (Buy) when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Stocks to Consider Here are some other companies, which you may consider as our model shows that they have the right combination of elements to post an earnings beat in their upcoming releases: Constellation Brands Inc. STZ with an Earnings ESP of +3.05% and a Zacks Rank #3 (Hold) Walgreens Boots Alliance, Inc. WBA with an Earnings ESP of +6.17% and a Zacks Rank #2 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report CONSTELLATN BRD (STZ): Free Stock Analysis Report WALGREENS BAI (WBA): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for September 29, 2015 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on September 29, 2015. A cash dividend payment of $0.1 per share is scheduled to be paid on October 21, 2015. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that TYPE has paid the same dividend. At the current stock price of $21.98, the dividend yield is 1.82%. The previous trading day's last sale of TYPE was $21.98, representing a -36.14% decrease from the 52 week high of $34.42 and a 5.47% increase over the 52 week low of $20.84. TYPE is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). TYPE's current earnings per share, an indicator of a company's profitability, is $.73. Zacks Investment Research reports TYPE's forecasted earnings growth in 2015 as -15.82%, compared to an industry average of 3.5%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for September 29, 2015 Pegasystems Inc. ( PEGA ) will begin trading ex-dividend on September 29, 2015. A cash dividend payment of $0.03 per share is scheduled to be paid on October 15, 2015. Shareholders who purchased PEGA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that PEGA has paid the same dividend. At the current stock price of $24.56, the dividend yield is .49%. The previous trading day's last sale of PEGA was $24.56, representing a -12% decrease from the 52 week high of $27.91 and a 33.04% increase over the 52 week low of $18.46. PEGA is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). PEGA's current earnings per share, an indicator of a company's profitability, is $.4. Zacks Investment Research reports PEGA's forecasted earnings growth in 2015 as -5.17%, compared to an industry average of 3.5%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-09-29,67.2626,67.882,67.0426,67.7183, ADP,2015-09-30,68.6147,68.8612,67.8888,68.8041,"[""McGladrey Chief Economist Joe Brusuelas on ADP Report: Highlighted 'sustained strength in the service sector, gains in higher paying professional, business service and construction jobs'"", ""Mainstay Capital Founder, CEO David Kudla on Earlier ADP Report: 'Large firms led the way in terms of hiring. As a result, global demand might not be impacting large U.S. companies as much as feared.'"", ""UPDATE: Mainstay's Kudla on ADP Report: 'With these reported numbers, unemployment should hold around 5.1%...'"", ""UPDATE: Mainstay's Kudla on ADP Report: '...construction added the most workers, and we all know the positive domino effect this can have on the economy.'"", ""UPDATE: Mainstay's Kudla on ADP Report: '...construction added the most workers, and we all know the positive domino effect this can have on the economy.'"", ""UPDATE: Mainstay's Kudla on ADP Report: 'With these reported numbers, unemployment should hold around 5.1%...'"", ""Mainstay Capital Founder, CEO David Kudla on Earlier ADP Report: 'Large firms led the way in terms of hiring. As a result, global demand might not be impacting large U.S. companies as much as feared.'"", ""McGladrey Chief Economist Joe Brusuelas on ADP Report: Highlighted 'sustained strength in the service sector, gains in higher paying professional, business service and construction jobs'"", ""ADP Jobs Signal In-Line BLS Friday Wednesday, September 30, 2015 The major indexes are on track to start today's session in the positive, following up on favorable trading action out of the Asian and European markets. It has been a tough period for the markets lately, with rising uncertainty about the global economic outlook and the course of Fed policy weighing on market sentiment. With these issues still unresolved as we enter the last quarter of the year, the picture is unlikely to improve anytime soon. On the data front, we got a modestly positive labor market read from ADP, the payroll processor. The ADP jobs report, which serves as a preview for the all-important monthly non-farm payroll report from the U.S. government's Bureau of Labor Statistics, showed gains of 200K in September relative to estimates of 190K and the prior month's 186K gain (revised lower by 4K). Estimates for the Friday BLS report, which currently stand at 203K per Bloomberg.com for the 'headline' and 195K for the ADP comparable private-sector jobs, is about in-line with what we got from this morning's report. What that means is that the ADP reading will likely have no bearing on market expectations for the BLS report. Today's jobs report is broadly within the monthly range of monthly gains over the past two years. As has been the pattern, the gains are concentrated in the service sector of the economy, with manufacturing continuing to struggle due to headwinds in the export markets and the weakness in the energy space. In the aggregate, the services sector added 88K in September while goods-producing industries added only 12K. The construction industry had a very strong month, adding 35K positions, while manufacturing lost 15K jobs. The construction strength is in-line with what we have been seeing in other housing related readings like housing starts and new home sales numbers. The factory-sector ISM survey coming tomorrow will likely confirm what we saw in today's reading, which is that weak demand abroad is clouding the outlook for U.S. manufacturers. In terms of business size, large businesses (500 or more employees) added 106K jobs, medium-sized businesses added 56K, while small businesses with less than 50 employees in total added 37K jobs. The key report from the Fed's perspective is Friday's BLS non-farm payroll reading, though the Fed's last non-liftoff call was primarily because international factors, particularly fears of a major slowdown in China. Fed officials have been reiterating lately that they still plan to have the first rate hike later this year, which many believe will be in the December FOMC meeting. As regular readers know, I have long been of the view that the U.S. economy is strong enough at present to withstand the start of a monetary policy normalization process. The decision to hold off on the liftoff decision reflected the Fed's extreme cautiousness, but it nevertheless came across as the central bank's lack of confidence in the economic outlook. Sheraz Mian Director of Research Note: In order to get an email alert each time this author publishes a new article, click on the 'Follow Author' link at the bottom of the top-right box of links. In addition to this pre-market open daily article about the market, economy, and the corporate earnings picture, Sheraz also provides detailed earnings analysis in his weekly Earnings Trends and Earnings Preview reports. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dow Jones Industrial Average Could Move Higher Today on This Data, Yellen Speech MoneyMorning.com Report - For Sept. 30, 2015, here's what could boost the Dow Jones Industrial Average today... Dow Jones Today Dow futures for Wednesday are up 181 points as traders prepare for an important update on U.S. oil inventory levels and stocks react to a monthly economic report from Canada and updates on Japan's struggling manufacturing sector. In addition, U.S. Federal Reserve Chairwoman Janet Yellen will give a speech this afternoon in St. Louis. Investors will be looking for further clues on the timing of the Federal Reserve's next rate increase. On Tuesday, the Dow Jones Industrial Average gained more than 47 points despite growing concerns about global growth. Healthcare stocks faded in the later hours of the trading session and extended the sector's downturn to eight straight days. It was another brutal day for biotech stocks. Shares of Seres Therapeutics Inc. (Nasdaq: MCRB) fell by more than 20% on the day, while shares of Galapagos NV (Nasdaq ADR: GLPG) fell by more than 15%. The iShares NASDAQ Biotechnology Index (ETF) (Nasdaq: IBB) was down 0.39% after paring strong gains. Top News in the Stock Market Today Today, pay attention to the latest monthly GDP report in Canada , as we will get a better sense of whether the U.S.'s largest export market is mired in recession. The country has been hammered by falling oil prices , and its struggling economic performance has weighed on the sentiment of the U.S. Federal Reserve and its timing on interest rates. In addition, Automated Data Processing ( ADP ) will report private data growth for the month of September at 8:30 a.m. Oil prices are in focus today as investors keep an eye on the weekly inventory report from the U.S. Energy Information Administration. Energy economists anticipate a drawdown of 916,000 barrels from last week, while Estimize analysts project a decline of roughly 1.26 million barrels. Energy stocks slipped by more than 0.4% on Tuesday despite solid gains in WTI oil prices and Brent crude prices. Shares of both Exxon Mobil Corp. ( XOM ) and Chevron Corp. ( CVX ) were down after the bell on Tuesday by more than 0.3% Here's a breakdown on why oil prices rose on Tuesday, but energy stocks slid. Earnings Reports Pre-Market Movers No. 1, PAYX: Before the market opens, Paychex Inc. (Nasdaq: PAYX) will report fiscal first-quarter earnings. Estimize analysts anticipate that the payment company will report an EPS of $0.51 on revenue of $717.9 million, while Wall Street expects the same earnings level, but revenue slightly lower. Wall Street analysts expect the company to report first quarter revenue of $717.2 million. Stocks to Watch: YHOO, BABA, AXON, QCOM Stocks to Watch No. 1, YHOO: Shares of Yahoo Inc. (Nasdaq: YHOO) were gaining in post-market hours yesterday after the company announced plans to proceed with the spin-off of its stake in Alibaba Group Holding Inc. ( BABA ). Yahoo stock gained nearly 2.4% on Tuesday, while Alibaba stock gained 0.8%. Here's a breakdown of the tech giant's announcement and insight on how this deal will affect Alibaba stock in the future. Stocks toWatchNo. 2, AXON: Shares of Axon Sciences Ltd. ( AXON ) were still on the move in post-market hours after the company continues to see positive momentum following an upgrade from Zacks Research. Stocks to Watch No.3, QCOM: Shares of Qualcomm Inc. (Nasdaq: QCOM) should be in focus today as the stock is trading at a bargain. As we explain right here, Qualcomm is one of the best stocks to own when looking for exposure to emerging multimillion-dollar markets. Here's a recap of the semiconductor company and insight into why the stock represents one of the best bargain buys in the technology sector today. Today's U.S. Economic Calendar (all times EDT) MBA Mortgage Applications at 7 a.m. ADP Employment Report at 8:15 a.m. Chicago PMI at 9:45 a.m. EIA Petroleum Status Report at 10:30 a.m. Federal Reserve Chairwoman Janet Yellen speaks at 2 p.m. Federal Reserve Governor Lael Brainard speaks at 7 p.m. What Investors Must Know This Week The One Stock to Profit from China's Trillion-Dollar Megaproject CHARTS: Gold Price Forecast Sees Rise Before 2016 How to Protect Against the Biggest Threat to Your Money Today Follow us on Twitter:@moneymorning . To get full access to all Money Morning content including our latest Premium Report, \""How to Make 2015 Your Wealthiest Year Ever,\"" click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience - for free . Our experts - who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV - deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: \u00a9 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: Mainstay's Kudla on ADP Report: '...construction added the most workers, and we all know the positive domino effect this can have on the economy.'"", ""UPDATE: Mainstay's Kudla on ADP Report: 'With these reported numbers, unemployment should hold around 5.1%...'"", ""Mainstay Capital Founder, CEO David Kudla on Earlier ADP Report: 'Large firms led the way in terms of hiring. As a result, global demand might not be impacting large U.S. companies as much as feared.'"", ""McGladrey Chief Economist Joe Brusuelas on ADP Report: Highlighted 'sustained strength in the service sector, gains in higher paying professional, business service and construction jobs'""]" ADP,2015-10-01,69.2754,69.5072,68.4974,69.2577, ADP,2015-10-02,68.3257,69.6779,67.4174,69.663,"Dow 30 Stock Roundup: NIKE Beats Estimates, Pfizer Ups 2015 Outlook, Microsoft Changes Reporting Structure The Dow experienced a mixed week as gains were again limited by concerns from China and a slump in biotech stocks. The blue-chip index declined on Monday following a continuing slump in biotech stocks and weak data coming out of China. The Dow gained on Tuesday following a recovery in healthcare stocks and encouraging economic data on the domestic front. The blue-chip index jumped on Wednesday following an encouraging jobs report. The Dow experienced losses on Thursday on concerns about a weak Chinese economy and dismal domestic manufacturing data. The Dow has lost 0.3% during the first four trading days. LastWeek's Performance Stocks finished mixed on Friday despite a triple-digit gain in the Dow as another slump in biotech shares offset NIKE, Inc.'s NKE robust earnings results and the Fed Chairwoman Janet Yellen's encouraging speech. The Dow gained 0.7%, or 113.35 points, powered by Nike's promising earnings. However, a decline in biotech stocks erased some of the day's earlier gains. U.S. Democratic presidential candidate Hillary Clinton's comment to prevent ""price gouging"" for specialty drugs last Monday continued to weigh on biotech and healthcare stocks. Meanwhile, Janet Yellen's encouraging comments on Thursday regarding a rate hike this year had led to initial gains. Late Thursday, Yellen indicated that the lift-off option is very much on the table later this year. She was also optimistic about the US economy. Strong second quarter GDP data failed to boost benchmarks. According to ""third estimate"" released by the U.S. Department of Commerce reported on Friday, the economy grew at a pace of 3.9%, higher than the consensus estimate and previously projected growth of 3.7%. For the week, the Dow declined 0.4%. Slump in biotech and health care stocks was a major drag on markets. A 9.6% weekly decline in Caterpillar Inc.'s CAT shares dragged down the Dow in negative territory for the week. The company announced a restructuring program on Thursday, which includes trimming 10,000 jobs by the end of 2018. Meanwhile, disappointing Chinese economic data including plunge in manufacturing activity and Asian Development Bank's (ADB) weak economic outlook for China dampened investor sentiment. Also, Volkswagen's VLKAY alleged scandal related to vehicle emission tests and weak economic data also weighed on benchmarks. The DowThisWeek The blue-chip index declined 1.9% on Monday following weak data coming out of China. Profits in Chinese industrial companies dropped 8.8% from the year-ago level in August. It was also reported that profits declined 1.9% through January to August year on year. Weak Chinese data dragged down oil prices on Monday. Meanwhile, biotech stocks continued to take heavy losses. Meanwhile, the Pending Home Sales Index declined 1.4% to 109.4 in August, hitting its lowest reading in last five months. Though a year-over-year gain of 0.3% in PCE index - an important indicator of inflation - indicated that the inflation rate is significantly below the Fed's target of 2%, a rise of 0.4% in consumer spending in August signaled toward rising demand. The Dow gained 0.3% on Tuesday following a recovery in healthcare stocks and encouraging economic data on the domestic front. The Dow finished in the positive territory yesterday, but lost most of the 117 points that it had gained in the initial session. Consumer Confidence Index rose to 103 in September from August's reading of 101.3, higher than the consensus estimate of 96.1. The index hit the highest level since January. Moreover, the consumer present situation index increased from August's 115.8 to 121.1 in September, witnessing its highest reading since Sep 2007. Meanwhile, the S&P/Case-Shiller Home Price Index gained 4.7% year on year in July, higher than a gain of 4.5% in June. While the 10-city index increased 4.5% from the year-ago period in July, 20-city index rose 5%. In month-over-month basis, the S&P/Case-Shiller Home Price Index rose 0.7% in July. Both the 10-city index and 20-city index gained 0.6% in July. The blue-chip index jumped 1.5% on Wednesday boosted by an encouraging jobs report. Better-than-expected jobs data from ADP offset dismal manufacturing data in Chicago. Automatic Data Processing, Inc. ADP reported that privately-owned companies generated 200,000 jobs in September, higher than market expectations of 195,000. This the Chicago PMI's decline from August's reading of 54.4 to 48.7 in September. Meanwhile, biotech stocks rebounded strongly. Additionally, encouraging consumer sentiment data out of China also boosted investor sentiment. Separately, weak economic data from Japan and Eurozone fueled speculations that they may opt for further stimulus measures. Over last month, the Dow slumped by 1.5% Weak Chinese economic data including dismal manufacturing data, disappointing trade data, lower-than-expected factory output and decline in industrial output dampened investor sentiment. Meanwhile, the Fed's decision to keep the key rates unchanged during the FOMC meeting this month also weighed on markets. Several domestic economic reports were also discouraging. For the quarter, the blue-chip index plummeted 7.6%. Markets managed to register gains in July despite weak earnings and international growth concerns. China's equity markets slumped, heightening investor concerns. August was particularly painful for the Dow which experienced its biggest monthly decline in more than five years. Concerns regarding weak Chinese economy, oil price slump and rate hike uncertainty dominated investor sentiment throughout the quarter. The Dow lost nearly 0.1% on Thursday on concerns about a weak Chinese economy and dismal domestic manufacturing data. Investors also remained cautious ahead of non-farm payroll data, which is scheduled for release today and is anticipated to play an important role in the rate hike decision. On Thursday, China's official data showed that manufacturing purchasing managers index increased to 49.8 in September from August's reading of 49.7. Moreover, the Caixin China manufacturing PMI declined in September to a six-year low of 47.2 from August's 47.3, also indicating contraction in the sector. On the domestic front, the ISM Manufacturing Index in the US declined from August's 51.1 to 50.2 in September, hitting its lowest mark in last two years. September's reading also came below the consensus estimate of 50.6. Meanwhile, construction spending in August rose by 0.7%, higher than the consensus estimate of 0.6% rise. ComponentsMovingthe Index NIKE 's first-quarter earnings per share of $1.34 surged nearly 23% year over year and surpassed the Zacks Consensus Estimate of $1.19. The bottom-line growth was driven by an impressive top line, gross margin improvement, lower tax rate, reduced share count and selling, general and administrative (SG&A) expenses leverage. Net sales of this sportswear retailer advanced 5.4% to $8,414 million in the quarter and beat the Zacks Consensus Estimate of $8,215.9 million. On a currency neutral basis, sales rose 14%. For second-quarter fiscal 2016, the company anticipates revenue to grow in the mid-single-digit range and gross margin to improve 25 bps based on the company's efforts to clear excess inventory in North America and keep the in line channel fresh. Pfizer Inc. 's PFE shares gained 1.26% on Sep 30 with the company boosting its outlook for 2015. The company, which recently completed its acquisition of Hospira, said that the deal is expected to push up 2015 revenues and earnings by $1.5 billion and 3 cents, respectively. As a result, Pfizer now expects to earn $2.04 - $2.10 per share on revenues of $46.5 billion - $47.5 billion this year. With the Hospira acquisition, Pfizer has significantly expanded its sterile injectable and biosimilar capabilities. The acquisition has provided Pfizer with Hospira's lucrative biosimilar portfolio of both marketed and pipeline assets. Microsoft Corp . MSFT announced that it was changing its financial reporting structure. Starting fiscal 2016 (which began Jul 1, 2015), Microsoft will report results under three segments. Productivity and Business Processes will comprise Office, Office 365 services and related products. Intelligent Cloud will include the entire back-end enterprise software, non-cloud products -Windows Server, and cloud-based services like Azure. More Personal Computing will consist of Windows, Xbox, online services, mobile devices like phones and the Surface tablet. The company announced that it will restate the fiscal 2014 and 2015 results under the new operating segments. Next month, the company will report fiscal first-quarter 2016 results under the new revenue structure. Boeing Co.BA has received an order for 22 Apache attack helicopters and 15 CH-47F Chinook multi-mission heavy-lift helicopters for the Indian Air Force (""IAF""). This was the outcome of a deal recently signed between the U.S. government and India. The contract is worth around $3 billion. The first delivery is expected in Sep 2018 while the complete order should be delivered by Mar 2020. The deal also includes the option for follow-on orders of another 11 Apaches and 7 Chinooks. In a separate development, Boeing received a contract worth nearly $127.1 million for B-1 integrated battle station for the B-1 weapon system from the U.S. Department of Defense. Additionally, United Launch Alliance (""ULA""), a joint venture of Lockheed Martin Corp LMT and Boeing has won a modification contract worth $882.1 million from the U.S. Air Force for Evolved Expendable Launch Vehicle (EELV) capability for the Delta IV and Atlas V family of launch vehicles. The Coca-Cola CompanyKO announced its plans to divest nine production plants to three of its independent bottlers in order to lower costs, streamline production system and generate higher returns on investments. Coca-Cola signed letters of intent with three independent bottlers - Coca-Cola Bottling Co. Consolidated (Consolidated), Coca-Cola Bottling Company United (United) and Swire Coca-Cola USA (Swire) to form a nationwide supply group, National Product Supply System (NPSS) along with its owned bottler, Coca-Cola Refreshments (CCR) and its operating segment in North America. ExxonMobil CorporationXOM announced its decision to sell its Southern California refinery to New Jersey-based energy company - PBF Energy Inc. - for $537 million. The refinery currently has about 700 staff members and 700 contractors in its employment. PBF Energy intends to employ these personnel at the plant. Per PBF Energy, the plant will be restarted before the sale is concluded next year. General Electric CompanyGE inked two agreements to sell its railroad services operations that have been a part of GE Capital. The conglomerate has decided to sell its tank car fleet assets and railcar repair facilities to Marmon Holdings Inc., a part of Berkshire Hathaway Inc. BRK.B . A part of the deal was completed on Sep 30, and the rest is scheduled to close during the fourth quarter. The leftover railcar leasing business - General Electric Railcar Services LLC - is being bought out by Wells Fargo & Company WFC . The transaction is expected to conclude in the first quarter of 2016. Performance of the Top 10 Dow Companies The table given below shows the price movements of the 10 largest components of the Dow, which is a price weighted index, over the last five days and during the last six months. Over the last five trading days, the Dow has lost 0.7%. Next Week's Outlook A slump in biotech stocks added to investor concerns this week. Meanwhile, the familiar specter of worries about China continued to plague markets. Markets in China will take a week-long break and investors will not have to be bothered by any such concerns over the next few days. Meanwhile, economic data has determined market movement on several days of the week. Pending home sales and the ISM Manufacturing Index have been the major disappointments. On the other hand, construction spending and jobs data from ADP were among the positives. Starting with today's official payroll numbers, several crucial economic reports are lined up for release over the next few days. Other important data expected to release include the ISM Services Index and trade balance numbers. Minutes of the FOMC's meeting is also expected to play a crucial role. If most of these indicate stronger economic conditions, stocks could witness consistent gains in the days ahead. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report BERKSHIRE HTH-B (BRK.B): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report CATERPILLAR INC (CAT): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report PFIZER INC (PFE): Free Stock Analysis Report WELLS FARGO-NEW (WFC): Free Stock Analysis Report COCA COLA CO (KO): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report LOCKHEED MARTIN (LMT): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report VOLKSWAGEN-ADR (VLKAY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-10-05,70.381,71.091,70.1148,70.8071,"Staffing Industry Holds Promise Despite Lackluster Jobs Data: 4 Choices There isn't any sugar coating to the Friday's jobs report. Flagging global economy weighed on the US jobs market. However, despite the weakness, most industries added jobs except for manufacturing and energy. Further, it is expected that the pace of hiring will gain traction in the fourth quarter. While retailers and shippers have begun recruiting for the upcoming holiday season, the healthcare industry is also in desperate need for workers through 2016. Additionally, small and midsized businesses are expected to increase their hiring spree over the next six months. This year more college graduates are also expected to join the workforce compared to previous year, indicating a healthy jobs market. As more hiring is on the anvil, staffing companies will benefit in the near term. Staffing companies are also expected to experience income growth across all its segments. However, before we pick stocks that are involved in acquiring, deploying and retaining workforce, let us look into how they will perform in the next quarter and beyond. September: Not As Bad As You Think According to the Labor Department, the U.S. economy added 142,000 jobs in September, way short of analysts' expectations. Despite this weakness, most industries added jobs, a sign that should encourage staffing companies. Meanwhile, the U6 rate dropped to 10%, indicating that the number of people searching for full time jobs but can't find one, decreased significantly. Job openings had already increased to 5.75 million in July, its highest level in 14 years. Job openings are a leading indicator of hiring. The U.S. Department of Labor reported that jobless claims' 4-week moving average declined 1,000 to 270,750 in the week ending Sep 26, its lowest level since early August. Additionally, the Automatic Data Processing, Inc. ADP reported that privately-owned companies generated 200,000 jobs in September. Meanwhile, the Conference Board reported those stating jobs are ""plentiful"" increased to 25.1% in September from 22.1% who said the same in August. The diffusion index also came in at 52.9 in September. Any reading above 50 signifies that hiring is expanding. Q4 Hiring: Strongest in 8 Years? Hiring blitz for the final three months of this year is expected to be strongest since the fourth quarter of 2007, according to the Manpower Employment Outlook Survey. On a seasonally adjusted basis, about 18% anticipate increase in staff levels in fourth quarter 2015, gaining by 2 and 3 percentage points from last quarter and year over year, respectively. Hiring is also expected to be across industries, with all 13 industries carrying a positive outlook for hiring. Employers in industries including Leisure & Hospitality, Wholesale & Retail Trade, Professional & Business Services and Transportation & Utilities reported the strongest hiring intentions. Broad Based Hiring Retailers and shippers have already started their hiring spree for the Christmas shopping rush. The retail industry is forecasted to add 755,000 temporary workers during October and November. Companies including Target Corp. TGT , Kohl's Corp. KSS , United Parcel Service, Inc. UPS and FedEx Corp. FDX said they would hire temporary employees extensively during this phase. Small and midsized business firms are also expected to hire 26% additional full-time employees over the next six months, the most since 2012, according to the PNC Economic Outlook Survey. Additionally, the National Association of Colleges and Employers noted that 60.8% of graduates in 2015 plans to enter the workforce, higher than 59.7% of grads last year. Meanwhile, as the impact of the Affordable Care Act kicked in, hospital jobs went up by 144,000 this year since Jul 2014, noted Tony Gregoire, director of Research at Staffing Industry Analysts. As a result, the U.S. healthcare staffing revenue is expected to hit a record $12.7 billion in 2015. 4 Staffing Picks By and large, income for the US staffing industry is expected to rise by 7% in 2015 and by 6% in 2016, which will bring in a record $142.2 billion in profits next year, according to the Staffing Industry Analysts. Further, human resource professionals' confidence on the labor market this year has touched the highest level of optimism since 2009, according to the Society for Human Resource Management. Banking on this robust uptick in income levels and optimism in the labor market, it will be a prudent idea to invest in staffing companies. We have selected four staffing stocks that are backed by good Zacks Rank. Cross Country Healthcare, Inc.CCRN is a provider of healthcare staffing services. CCRN holds a Zacks Rank #1 (Strong Buy) and has expected earnings growth above 100% for the current year. In the past two months, the Zacks Consensus Estimate for the current year was revised 17.2% higher. Team Health Holdings LLCTMH provides professional staffing services to healthcare providers in the U.S. TMH holds a Zacks Rank #2 (Buy) and has expected earnings growth of 17.4% for the current year. Over the past two months, the Zacks Consensus Estimate for the current year was revised up by nearly 0.7%. Kforce Inc.KFRC provides permanent staffing solutions for organizations. KFRC holds a Zacks Rank #1 (Strong Buy) and has expected earnings growth of 55.7% for the current year. In the past two months, the Zacks Consensus Estimate for the current year was revised up by 9.4%. Korn/Ferry InternationalKFY is the world's largest executive recruitment firm. KFY holds a Zacks Rank #2 (Buy) and has expected earnings growth of 8% for the current year. Over the past two months, the Zacks Consensus Estimate for the current year was revised up by nearly 1%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report UTD PARCEL SRVC (UPS): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report FEDEX CORP (FDX): Free Stock Analysis Report KORN/FERRY INTL (KFY): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report KFORCE INC (KFRC): Free Stock Analysis Report CROSS COUNTRY (CCRN): Free Stock Analysis Report TEAM HEALTH HLD (TMH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-10-06,70.6039,70.9855,70.4056,70.5851,"[""Automatic Data Processing a Top Socially Responsible Dividend Stock With 2.4% Yield (ADP) Automatic Data Processing Inc. (Symbol: ADP) has been named a Top Socially Responsible Dividend Stock by Dividend Channel , signifying a stock with above-average ''DividendRank'' statistics including a strong 2.4% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society - for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel , Automatic Data Processing Inc. is a member of the iShares MSCI KLD 400 Social Index Fund ETF ( DSI ), making up 0.52% of the underlying holdings of the fund, which owns $2,210,751 worth of ADP shares. The annualized dividend paid by Automatic Data Processing Inc. is $1.96/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 09/09/2015. Below is a long-term dividend history chart for ADP, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. ADP operates in the Information Technology Services sector, among companies like International Business Machines Corp. ( IBM ), and Accenture plc ( ACN ). Top 25 Socially Responsible Dividend Stocks - Income To Feel Good About \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Veda Accepts Takeover Bid after Equifax Sweetens Offer The board of the leading Australian credit information provider, Veda Group Limited unanimously accepted Equifax Inc. 's EFX acquisition proposal yesterday, after the latter sweetened its offer. The Atlanta-based data management company raised its takeover bid to AUD$2.825 per share which equals to an implied market capitalization of US$1.7 billion. Earlier on Sep 18, 2015, the company had proposed to acquire all the outstanding shares of Veda Group for AUD$2.70, which at the time translated to a total deal value of about AUD$2.3 billion or USD$1.6 billion. The new offer represents a premium of about 41.6% over its Sep 17 closing price of AUD$1.995. This is substantially higher from the previous bid which represented a 35% premium over the Sep 17 closing price. The revised bid represents a $75 million increase from the earlier offer. Both companies have moved forward after Veda Group's board allowed Equifax to engage in due diligence and negotiate a mutually acceptable definitive agreement. If successfully executed, this would be Equifax's biggest acquisition surpassing the $1 billion CSC Credit Services buyout in 2012. Veda Group, the leading Sydney-based data analytics provider, has principal operations in Australia and New Zealand. The company tracks credit information of about 20 million people and 5.7 million companies in the two countries. Equifax is the world's largest data management company which organizes and assimilates data related to more than 600 million customers and 81 million businesses globally, especially in the U.S. and Europe. The company entered the Australian market last year with the buyout of U.K.-based debt management software company TDX Group, which has a regional office in Sydney. Notably, financial checking in Australia has become stricter of late as the government is adopting a comprehensive credit reporting regime to counter money laundering and terrorist financing. So we believe that the recent move will give Equifax a substantial foothold in the country. The recent bid comes at an opportune moment as the Australian dollar has weakened about 20% compared with last year. Additionally, on Sep 17, Veda Group shares were trading 20% lower than the 52-week high of AUD$2.50 hit on Sep 19, 2014. Customers look for solutions that streamline data collection capabilities. We believe the addition of Veda Group's services will help Equifax to offer better data, technology and advisory solutions and position it as a leader in important markets. Earlier, Equifax has made strategic acquisitions to supplement its core business. In 2014, Equifax acquired TDX Group and Forseva. The company expects to derive 1% to 2% revenue growth from these buyouts over the long term. Additionally, Equifax expands internationally through joint ventures that keep operating costs down and need no integration time while diversifying the revenue source. Management's efforts such as product innovation, expansion of data assets through acquisitions and continuous share gains in North America are encouraging. Also, the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure are likely to boost growth, going ahead. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. FISV , Moody's Corp. MCO , coupled with uncertainty in the mortgage sector raise concern. Currently, Equifax carries a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-10-07,70.7134,71.8001,70.7134,71.6217, ADP,2015-10-08,71.5447,73.1542,71.2547,72.881, ADP,2015-10-09,73.0863,73.6256,72.7587,72.9817,"Dow 30 Stock Roundup: Microsoft Launces Surface Book, Merck's Keytruda Approved for Lung Cancer The Dow registered a record winning streak this week, boosted by energy stocks and the Fed's dovish stance. The blue-chip index gained on Monday following gains in energy shares and expectations that Fed won't raise rates this year. The Dow edged up on Tuesday after a selloff in healthcare stocks offset gains in energy and materials shares. The blue-chip index gained again on Wednesday. The Dow gained for the fifth straight session on Thursday, marking its longest winning streak this year. The Dow has gained 3.5% during the first four trading days. LastWeek's Performance The Dow increased 1.2% on Friday after gains in energy and materials shares offset weak jobs data. Weaker-than-expected September jobs report initially raised concerns about slowdown in economic growth and its adverse impact on the Federal Reserve's decision to raise short-term interest rates. The U.S. economy added 142,000 jobs in September, significantly lower than the consensus estimate of 202,000. Employment gains for the previous two months were also trimmed by a combined 59,000. Oil prices moved north on Friday after weekly data showed that the number of oil and gas drilling rigs fell to a five-year low in the U.S. Rise in oil prices had a positive impact on energy and materials shares, which eventually boosted the broader markets. For the week, the Dow increased 0.9%. Friday's gains came in despite economic growth worries due to weak nonfarm payroll data. Meanwhile, better-than-expected jobs data from Automatic Data Processing, Inc. ADP offset dismal manufacturing data in Chicago on Wednesday, while a recovery in healthcare stocks helped markets end Tuesday's volatile trading session slightly higher. On the other hand, continuing slump in biotech stocks and weak data out of China dragged down major benchmarks into negative territory on Monday. Decline in industrial profits elevated concerns regarding Chinese economy, which in turn increased global growth worries. The DowThisWeek The blue-chip index gained 1.9% on Monday following gains in energy shares and expectations that Fed won't raise rates this year. Russia's willingness to meet major oil producers to discuss the present oil market scenario and a rally in U.S. gasoline prices had a positive impact on global oil prices. Rise in oil prices boosted energy shares, which eventually lifted the broader markets. Meanwhile, lackluster jobs data raised worries about economic growth, eventually cooling expectations of a rate hike this year. The ISM Services Index decreased to 56.9% in September from August's reading of 59%. The drop was more than the consensus estimate of a decrease to 57.7%. The Dow increased 0.1% on Tuesday after a selloff in healthcare stocks offset gains in energy and materials shares. The blue-chip index eked out gains banking on a surge in E. I. du Pont de Nemours and Company's DD shares. Shares of DuPont's soared 7.7% after the company declared that its chief executive officer Ellen Kullman will step down on Oct 16. Edward Been will act as the interim chairman and CEO. Separately, DuPont reduced its full-year earnings estimate to $2.75 from an earlier forecast of $3.10. In economic news, the U.S. trade deficit swelled in August as imports from China increased, while a flagging global economy weighed on U.S. exports. The U.S. Census Bureau reported that trade deficit increased in August to $48.3 billion from $41.8 billion in July, more than the consensus estimate of deficit of $45.4 billion. The blue-chip index gained 0.7% on Wednesday. Benchmarks ended Wednesday's choppy trading session in the green boosted by gains in biotechnology companies. Concerns about third quarter earnings results kept the trading session volatile. Both the materials and energy sectors benefitted from a weaker dollar as it made commodities denominated in U.S. dollar more attractive. Energy shares gained despite oil prices ending a volatile trading session in the red on Wednesday. Oil prices snapped a three day rally after weekly oil stockpiles increased more than analysts' expectations. The Dow gained for the fifth straight session on Thursday, marking its longest winning streak this year. The blue-chip index increased 0.8% following the Fed's decision to keep interest rates near zero in the September policy meeting. Turmoil in financial markets and slowdown in Chinese economy were cited to be the reasons behind the Fed's dovish stance. Additionally, several Fed officials want the inflation rate to move up to the desired target of 2% before raising rates. Some Fed voting members said their confidence that inflation will climb to 2% ""had not increased"" since the July meeting. Meanwhile, the Fed staff estimated inflation won't be able to touch the 2% goal even by the end of 2018. Meanwhile, a weaker dollar and expectations about shrinking U.S. oil production levels boosted global oil prices. Rising oil prices had a positive impact on energy shares. In economic news, initial claims decreased 13,000 to 263,000 in the week ending Oct 3. ComponentsMovingthe Index Boeing Co.'sBA shares edged up 1.78% on Oct 7 as Ethiopian Airlines CEO Tewolde Gebremariam revealed its plan to place an order for Boeing's 777X long-range jetliner before the end of 2015, per a Wall Street Journal report. The East African airline is considering buying 15 to 20 of Boeing's new 777X planes worth about $7.4 billion at list prices. Although the airline had initially considered buying Airbus' A350-1000 planes, they changed their mind in favor of Boeing 777X as the aircraft is more suitable for operations at their high-altitude hub in Addis Ababa. The new planes are due for delivery in 2020. Meanwhile, Boeing reported strong third-quarter as well as nine-month 2015 delivery numbers. The company delivered 580 commercial jetliners so far this year, increasing 9.8% year over year and beating its archrival Airbus. On Oct 5, Airbus reported that it has delivered 446 planes in the first nine months of this year. Boeing's total deliveries in the quarter jumped approximately 5.6% year over year. Cisco SystemsCSCO recently announced plans to acquire consultancy firm Portcullis in a bid to expand its security consulting services. Cisco expects the acquisition to close in the second quarter of fiscal 2016. Financial terms of the deal were not disclosed. Portcullis is a privately held U.K.-based firm which offers security advisory services to enterprise clients and the government sector. It will be incorporated into Cisco's Security Solutions group under the leadership of James Mobley, the vice president of the latter. 3M CompanyMMM recently completed the divesture of its North American Library Systems business to focus on its core operations. The assets were sold to independent management firm OEP Capital Advisors, L.P. for an undisclosed amount. 3M also intends to sell its other Library Systems assets across the globe to OEP in the near future. The company expects the transaction to have zero impact on its earnings as it is likely to be offset by additional portfolio management actions in the fourth quarter of 2015. General Electric CompanyGE inked an agreement to sell its corporate jet financing unit to luxury jet lender Global Jet Capital, as it continues to offload its financial assets at a breakneck speed. The transaction is subject to customary regulatory and other approvals, and is expected to close in stages over the coming months. The divestment represents aggregate ending net investment (""ENI"") of about $2.5 billion. The deal will likely contribute about $300 million toward GE's targeted dividend of $35 billion under the divestment plan. With $2.5 billion of net assets, the deal involves GE loans, leases and over 300 aircraft across the U.S., Canada, Mexico and Latin America. MerckMRK announced that its anti-programmed death receptor-1 (PD-1) therapy, Keytruda, has been approved by the FDA for the treatment of metastatic non-small cell lung cancer (NSCLC) patients whose tumors express PD-L1 as determined by an FDA-approved test and who have disease progression on or after platinum-containing chemotherapy. The FDA granted accelerated approval to Keytruda based on an encouraging tumor response rate and durability of response. Continued approval for the melanoma indication depends on data from the confirmatory studies. Meanwhile, Merck KGaA and partner Pfizer Inc. PFE announced that avelumab received fast track status from the FDA for the treatment of metastatic merkel cell carcinoma (MCC). The candidate is being evaluated in a phase II study, JAVELIN Merkel 200, for this indication. Microsoft CorporationMSFT announced on Oct 6 that it will be adding to its Surface line with the company's first ever laptop. Named the ""Surface Book,"" the new device will feature a 13.5-inch display and a removable keyboard. Microsoft described the device as a ""digital clipboard."" This product is an extension of what the Surface Line already is: A powerful tablet that runs a full version of Windows. However, the new keyboard seems to be a vast improvement over the accessory versions compatible with prior Surface tablets. Microsoft went as far as to say the new keyboard was ""perfect."" The Surface Book will start at $1,499 and will go on sale October 29. International Business Machines CorporationIBM has formed a new consulting unit, Cognitive Business Solutions based on its artificial intelligence computer system, Watson. The unit will be spearheaded by Stephen Pratt and will have about 2,000 employees. IBM also stated that it will be training nearly 25,000 consultants and practitioners across the company on cognitive computing this fall. Performance of the Top 10 Dow Companies The table given below shows the price movements of the 10 largest components of the Dow, which is a price weighted index, over the last five days and during the last six months. Over the last five trading days, the Dow has gained 4.5%. Next Week's Outlook The blue-chip index has enjoyed a record week of gains, boosted by material and energy stocks as well as the Fed's reluctance to raise rates. Rising oil prices have alleviated market concerns to a significant extent. Meanwhile, investors and market watchers have taken the view that a rate hike may not take place this year. The spotlight will now be squarely for the earnings season. Markets will look for direction from these results in the days ahead. Meanwhile, several key reports are scheduled for release next week. This includes data on retail sales and industrial production. Any positive indications on this front could push stocks higher in the days ahead. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report 3M CO (MMM): Free Stock Analysis Report DU PONT (EI) DE (DD): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report INTL BUS MACH (IBM): Free Stock Analysis Report PFIZER INC (PFE): Free Stock Analysis Report CISCO SYSTEMS (CSCO): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report MERCK & CO INC (MRK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-10-12,72.8041,73.4392,72.8041,73.3603, ADP,2015-10-13,72.959,73.386,72.6671,72.9146, ADP,2015-10-14,73.0339,73.5467,72.7252,72.8979, ADP,2015-10-15,73.3091,73.6088,72.7183,73.6088, ADP,2015-10-16,73.889,74.4737,73.5626,74.2242, ADP,2015-10-19,74.1217,75.0034,74.0625,74.7479,"Equifax (EFX) to Report Q3 Earnings: What's in the Cards? Equifax Inc. EFX is scheduled to report third-quarter 2015 results on Oct 21. Last quarter, the company posted a positive earnings surprise of 4.55%. Let's see how things are shaping up for this announcement. Factors to Consider Equifax reported better-than-expected second-quarter 2015 results, which improved year over year as well. The year-over-year upside was supported by revenue growth across all its business segments, except International. Recently, Equifax made a non-binding offer to acquire Veda Group Limited, the leading Australian credit information provider, to broaden its global operations. If successful, this would be Equifax's biggest acquisition surpassing the $1 billion CSC Credit Services buyout in 2012. We believe that the recent move will give Equifax a substantial foothold in the country. Management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America raise optimism. Also, the company's strong correlation with the consumer and financial markets as well as its exposure in the U.S. and Europe are likely to propel growth, going ahead. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc., Moody's Corp. and uncertainty in the mortgage sector raise concern. Earnings Whispers Our proven model does not conclusively show that Equifax is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is not the case here, as you will see below. Zacks ESP: ESP for Equifax is 0.00% since the Most Accurate estimate of $1.10 per share stands in line with the Zacks Consensus Estimate. Zacks Rank: Equifax's Zacks Rank #2 when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are some other companies, which you may consider as our model shows that they have the right combination of elements to post an earnings beat this quarter: Fiserv, Inc. FISV with Earnings ESP of +3.09% and a Zacks Rank #2 Apple Inc. AAPL with Earnings ESP of +1.60% and a Zacks Rank #3 (Hold) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQUIFAX INC (EFX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-10-20,74.5408,75.0202,74.4481,74.8495,"Notable ETF Inflow Detected - USMV, MCD, PEP, ADP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI USA Minimum Volatility ETF (Symbol: USMV) where we have detected an approximate $87.3 million dollar inflow -- that's a 1.4% increase week over week in outstanding units (from 153,800,000 to 155,900,000). Among the largest underlying components of USMV, in trading today McDonald's Corp (Symbol: MCD) is down about 0.8%, PepsiCo Inc. (Symbol: PEP) is down about 0.2%, and Automatic Data Processing Inc. (Symbol: ADP) is lower by about 0.1%. For a complete list of holdings, visit the USMV Holdings page » The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $26.41 per share, with $42.72 as the 52 week high point - that compares with a last trade of $41.57. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-10-21,75.0911,75.7588,74.7617,74.8732, ADP,2015-10-22,75.2884,76.9049,75.108,76.7924, ADP,2015-10-23,77.0606,77.5744,76.7844,77.5112, ADP,2015-10-26,77.2578,77.6306,76.8278,77.1504,"Automatic Data Processing Q1 Earnings: What's in Store? Automatic Data Processing, Inc.ADP is set to report first-quarter fiscal 2016 on Oct 28. Last quarter, it posted a negative earnings surprise of 6.78%. However, the company has posted an average positive earnings surprise of 0.36% over the past four quarters. Let's see how things are shaping up for this announcement. Factors to Consider Automatic Data Processing is expected to gain on the back of improved execution and higher client retention. The company's retention rate of 90% has created a huge recurring revenue base, which is expected to be a major positive in the to-be-reported quarter. The firms believe that the spin-off of its dealer services segment will enable the company to focus more on its HCM (human capital management) solutions. In addition, Automatic Data Processing's higher revenue per client and lower cost of operations place it in an advantageous position. Moreover, we expect the company to deliver top-line growth in the quarter with rising demand in payroll processing and human resource administration solutions along with new offerings in the software-as-a-service (SaaS) space. However, a volatile macroeconomic environment and increasing competition from the likes of Paychex, Equifax Inc. EFX and TriNet Group, Inc. TNET are the near-term headwinds. ADP's growth is significantly dependent on employment levels. Global macro-economic recovery has been sluggish following the recession, affecting the overall employment rate. This does not bode well for ADP. Moreover, as ADP earns interest income on funds held on behalf of clients, near-zero interest rates are hurting its top line. This will remain a major concern going forward. Also, the company has seen some negative estimate revisions in the past 30 days for this quarter. Earnings Whispers Our proven model does not conclusively show that Automatic Data Processing will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: Automatic Data Processing's Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is currently -3.08%. This is because the Most Accurate Estimate of 63 cents is lower than the Zacks Consensus Estimate of 65 cents. Zacks Rank: Automatic Data Processing has a Zacks Rank #3 (Hold), which increases the predictive power of ESP. However, we need to have a positive ESP to be confident about an earnings surprise. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Stock to Consider Here is a company that has the right combination of elements, according to our model, to post an earnings beat this quarter: Facebook, Inc. FB has an Earnings ESP of + 5.71% and a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-10-27,77.1504,77.3841,76.2795,77.3407,"Pre-Market Earnings Report for October 28, 2015 : MDLZ, OXY, GD, NEE, ADP, SO, NOC, VLO, ICE, PCG, TEL, HLT The following companies are expected to report earnings prior to market open on 10/28/2015. Visit our Earnings Calendar for a full list of expected earnings releases. Mondelez International, Inc. ( MDLZ ) is reporting for the quarter ending September 30, 2015. The food company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.40. This value represents a 20.00% decrease compared to the same quarter last year. In the past year MDLZ has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 20.51%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MDLZ is 26.29 vs. an industry ratio of 20.30, implying that they will have a higher earnings growth than their competitors in the same industry. Occidental Petroleum Corporation ( OXY ) is reporting for the quarter ending September 30, 2015. The oil company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.00. This value represents a 100.00% decrease compared to the same quarter last year. OXY missed the consensus earnings per share in the 3rd calendar quarter of 2014 by -5.39%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for OXY is 231.16 vs. an industry ratio of 36.20, implying that they will have a higher earnings growth than their competitors in the same industry. General Dynamics Corporation ( GD ) is reporting for the quarter ending September 30, 2015. The aerospace and defense company's consensus earnings per share forecast from the 9 analysts that follow the stock is $2.10. This value represents a 2.44% increase compared to the same quarter last year. In the past year GD has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 11.82%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for GD is 16.80 vs. an industry ratio of 20.40. NextEra Energy, Inc. ( NEE ) is reporting for the quarter ending September 30, 2015. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.65. This value represents a 6.45% increase compared to the same quarter last year. NEE missed the consensus earnings per share in the 4th calendar quarter of 2014 by -0.96%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for NEE is 18.38 vs. an industry ratio of -21.90, implying that they will have a higher earnings growth than their competitors in the same industry. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending September 30, 2015. The outsourcing company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.65. This value represents a 4.84% increase compared to the same quarter last year. ADP missed the consensus earnings per share in the 2nd calendar quarter of 2015 by -6.78%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ADP is 27.64 vs. an industry ratio of 24.40, implying that they will have a higher earnings growth than their competitors in the same industry. Southern Company ( SO ) is reporting for the quarter ending September 30, 2015. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.16. This value represents a 6.42% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SO is 16.07 vs. an industry ratio of -21.90, implying that they will have a higher earnings growth than their competitors in the same industry. Northrop Grumman Corporation ( NOC ) is reporting for the quarter ending September 30, 2015. The aerospace and defense company's consensus earnings per share forecast from the 9 analysts that follow the stock is $2.21. This value represents a 4.74% decrease compared to the same quarter last year. NOC missed the consensus earnings per share in the 1st calendar quarter of 2015 by -5.31%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for NOC is 18.53 vs. an industry ratio of 20.40. Valero Energy Corporation ( VLO ) is reporting for the quarter ending September 30, 2015. The oil refining company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.64. This value represents a 32.00% increase compared to the same quarter last year. In the past year VLO has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 10.37%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for VLO is 7.41 vs. an industry ratio of 9.80. Intercontinental Exchange Inc. ( ICE ) is reporting for the quarter ending September 30, 2015. The securities exchange company's consensus earnings per share forecast from the 9 analysts that follow the stock is $2.91. This value represents a 35.35% increase compared to the same quarter last year. In the past year ICE has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 4.69%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ICE is 20.89 vs. an industry ratio of 23.00. Pacific Gas & Electric Co. ( PCG ) is reporting for the quarter ending September 30, 2015. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.92. This value represents a 46.82% decrease compared to the same quarter last year. PCG missed the consensus earnings per share in the 4th calendar quarter of 2014 by -1.85%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for PCG is 17.75 vs. an industry ratio of -21.90, implying that they will have a higher earnings growth than their competitors in the same industry. TE Connectivity Ltd. ( TEL ) is reporting for the quarter ending September 30, 2015. The electrical instrument company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.93. This value represents a 8.82% decrease compared to the same quarter last year. TEL missed the consensus earnings per share in the 1st calendar quarter of 2015 by -8.08%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for TEL is 17.58 vs. an industry ratio of 18.40. Hilton Worldwide Holdings Inc. ( HLT ) is reporting for the quarter ending September 30, 2015. The hotel company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.23. This value represents a 27.78% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for HLT is 30.49 vs. an industry ratio of 27.90, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-10-28,75.6208,76.4166,74.4017,75.2697,"[""ADP Reports Q1 Adj. EPS $0.68 vs $0.65 Est., Sales $2.7B vs $2.72B Est."", ""ADP Raises FY16 Outlook for Global New Business Bookings Growth from 8-10% to At Least 10% YoY"", ""Automatic Data Processing Q1 Profit Beats Views"", ""Automatic Data Processing Q1 Profit Beats Views"", ""ADP Raises FY16 Outlook for Global New Business Bookings Growth from 8-10% to At Least 10% YoY"", ""ADP Reports Q1 Adj. EPS $0.68 vs $0.65 Est., Sales $2.7B vs $2.72B Est."", ""Automatic Data Processing Tops Q1 Earnings, Lags Sales Automatic Data Processing Inc.ADP reported first-quarter fiscal 2016 earnings from continuing operations of 68 cents per share, beating the Zacks Consensus Estimate of 65 cents. Earnings also increased 10% year over year. Automatic Data Processing Inc. - Earnings Surprise | FindTheBest Operational Details Quarterly revenues of $2,714 million fell short of the Zacks Consensus Estimate of $2,723 million but grew 6% year over year. Employer Services revenues in the quarter increased 3% year over year to $2,130.8 million. PEO Services revenues rose 18% year over year to $701.5 million. In the quarter, combined worldwide new business bookings for the company grew 13% year over year. New business bookings represent annualized recurring revenues expected from new orders. Interest on funds held for clients in the quarter declined 3% to $88 million. The company's average client funds balance increased 3% year over year to $19.4 billion in the quarter while average interest yield was 1.8%. Total expenses in the reported quarter increased 5.6% year over year to $2.26 billion, attributable to higher selling, general & administrative expense, operating expenses and systems development & programming costs. Balance Sheet Automatic Data Processing exited the quarter with cash and cash equivalents (including short-term marketable securities) of approximately $3.2 billion compared with $1.7 billion as on Jun 30, 2015. Long-term debt was approximately $2 billion compared with $9.2 million as on Jun 30, 2015. Guidance For fiscal 2016, the company now expects revenues to grow in the range of 7% to 8% over fiscal 2015, compared with the earlier projection of 7% to 9%. The upper-end of the guidance has been trimmed owing to the divesture of the AdvancedMD business. The company expects revenue growth in the first and second quarters to be lower than the second half of the fiscal. ADP continues to expect earnings per share to grow 12% to 14% in fiscal 2016 from $2.89 per share in fiscal 2015. This represents 50 basis points (bps) expansion in adjusted EBIT margin from 18.8% in fiscal 2015. Worldwide new business bookings are now expected to rise at least 10% from $1.6 billion in fiscal 2015 (prior forecast was 8% to 10%). Employer Services revenues are expected to grow in the range of 5% to 6%, including the negative impact of foreign currency. This represents pre-tax margin expansion of approximately 100 bps. The company expects pay per control to increase 2% to 3% in the year. PEO Services revenues are expected to increase 15% to 17%. Pre-tax margin is expected to grow 50 bps year over year. In addition, the company expects interest on funds held for clients to increase $5 million or 1% (earlier projection was $5 million to $15 million or 1% to 4%). The projection was revised owing to lower expectations for the short term and fixed income new purchase rates. It is likely to be driven by estimated growth in average client funds balances of 3% to 5% to $22.5 billion to $22.9 billion. Average interest yield is expected to be flat at 1.7%. Further, the total contribution from client funds extended investment strategy is estimated to grow $10 million over last fiscal. The guidance excludes the benefit from the sale of ADP's AdvancedMD business. Our Take Automatic Data Processing is expected to gain on the back of improved execution and higher client retention. The company's retention rate of 90% has created a huge recurring revenue base. The firms believe that the spin-off of its dealer services segment will enable the company to focus more on its HCM (human capital management) solutions. Additionally, the sale of its AdvancedMD business will allow it to focus more on the core operations. In addition, Automatic Data Processing's higher revenue per client and lower cost of operations place it in an advantageous position. Moreover, we expect the company to benefit from rising demand for payroll processing and human resource administration solutions along with new offerings in the software-as-a-service (SaaS) space. However, a volatile macroeconomic environment and increasing competition from the likes of Paychex, Equifax Inc. EFX and TriNet Group, Inc. TNET are the near-term headwinds. ADP's growth is significantly dependent on employment levels. Global macro-economic recovery has been sluggish following the recession, affecting the overall employment rate. This does not bode well for the company. Moreover, as ADP earns interest income on funds held on behalf of clients, near-zero interest rates are hurting its top line. Zacks Rank Currently, Automatic Data Processing has a Zacks Rank #3 (Hold). A better-ranked stock in the broader tech space is Facebook, Inc. FB , sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Beats on Q1 Earnings, Revenues Lag Founded in 1949, New Jersey based- Automatic Data Processing, Inc.ADP is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves approximately 637K clients across 125 nations. The company reports in three business segments - Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. The Employer Services segment includes human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. The Dealer Services segment provides integrated dealer management systems, digital marketing solutions and other business management solutions to the automotive, heavy truck, motorcycle, marine, recreational vehicle (RV), and heavy equipment retailers, distributors, and manufacturers. Zacks Rank : Currently, ADP has a Zacks Rank#3 (Hold) but that could change following its first quarter fiscal 2016 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : ADP's adjusted earnings from continuing operations came in at 68 cents per share, beating the Zacks Consensus Estimate of 65 cents. Earnings also improved 10% year over year. Revenue : Revenues of $2,714 million came below the Zacks Consensus Estimate of $2,723 million but grew 6% year over year. Key Stats : New business bookings increased 13% year over year. Stock Price : Shares prices did not show any movement in the pre-market trading session. Check back later for our full write up on this ADP earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Technology Sector Update for 10/28/2015: SLAB, ADP Top Technology Stocks:\u00c2 MSFT: -0.15% AAPL: +1.64%\u00c2 IBM: +0.40% CSCO: flat GOOG: +0.62% Technology shares were fairly positive in Wednesday's pre-market session. In technology stocks news, Silicon Laboratories ( SLAB ), a provider of silicon products, shares were down slightly after it reported Wednesday its financial results for Q3 2015 that topped analyst estimates. Net income for the quarter was $10 million, or $0.23 per share; up from $5.6 million, or $0.13 per share in Q3 2014. And, Automatic Data Processing ( ADP ) shares were flat pre-market after it reported Q1 revenue grew 6% to $2.7 billion, 9% on a constant dollar basis, versus the Street view of $2.72 billion, according to Capital IQ estimates. Adjusted diluted earnings per share from continuing operations increased 10% to $0.68, above the Street view of $0.65 per share. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Which Of The Latest 13F Filers Holds Automatic Data Processing? At Holdings Channel , we have reviewed the latest batch of the 22 most recent 13F filings for the 09/30/2015 reporting period, and noticed that Automatic Data Processing Inc. (Symbol: ADP) was held by 13 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look. Before we proceed, it is important to point out that 13F filings do not tell the whole story, because these funds are only required to disclose their long positions with the SEC, but are not required to disclose their short positions. A fund making a bearish bet against a stock by shorting calls, for example, might also be long some amount of stock as they trade around their overall bearish position. This long component could show up in a 13F filing and everyone might assume the fund is bullish, but this tells only part of the story because the bearish/short side of the position is not seen . Having given that caveat, we believe that looking at groups of 13F filings can be revealing, especially when comparing one holding period to another. Below, let's take a look at the change in ADP positions, for this latest batch of 13F filers: In terms of shares owned, we count 6 of the above funds having increased existing ADP positions from 06/30/2015 to 09/30/2015, with 5 having decreased their positions. Looking beyond these particular funds in this one batch of most recent filers, we tallied up the ADP share count in the aggregate among all of the funds which held ADP at the 09/30/2015 reporting period (out of the 799 we looked at in total). We then compared that number to the sum total of ADP shares those same funds held back at the 06/30/2015 period, to see how the aggregate share count held by hedge funds has moved for ADP. We found that between these two periods, funds increased their holdings by 1,325,092 shares in the aggregate, from 15,758,585 up to 17,083,677 for a share count increase of approximately 8.41%. The overall top three funds holding ADP on 09/30/2015 were: We'll keep following the latest 13F filings by hedge fund managers and bring you interesting stories derived from a look at the aggregate information across groups of managers between filing periods. While looking at individual 13F filings can sometimes be misleading due to the long-only nature of the information, the sum total across groups of funds from one reporting period to another can be a lot more revealing and relevant, providing interesting stock ideas that merit further research, like Automatic Data Processing Inc. (Symbol: ADP). 10 S&P 500 Components Hedge Funds Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Q1 Profit Beats Views"", ""ADP Raises FY16 Outlook for Global New Business Bookings Growth from 8-10% to At Least 10% YoY"", ""ADP Reports Q1 Adj. EPS $0.68 vs $0.65 Est., Sales $2.7B vs $2.72B Est.""]" ADP,2015-10-29,75.2697,75.8032,74.1217,75.6542, ADP,2015-10-30,75.6542,75.9018,74.457,74.4837,"Insperity (NSP) to Report Q3 Earnings: What to Expect? Insperity, Inc.NSP is set to report third-quarter 2015 results on Nov 2. Last quarter, the company reported a positive surprise of 6.45%. Moreover, it has delivered an average positive earnings surprise of 25.66% in the trailing four quarters. Let's see how things are shaping up for this announcement. Factors to Consider Insperity reported strong results last quarter with both top and bottom lines improving significantly on the year over year basis. We believe that the company is likely to benefit from an increase in worksite employees (WSE). In addition, lower health care costs and payroll taxes along with increased contribution from Strategic Business Units (SBU) are likely to drive earnings, going ahead. Moreover, as workforce synchronization continues to gain traction with mid-market clients, it will likely be of benefit for Insperity. However, the sluggish global macro environment can lead to headcount reductions at client companies. An increase in health care costs does not bode well for Insperity ashealth care costs are one of the major components of operating expenses. Furthermore, client attrition amid increasing competition from the likes of Automatic Data Processing Inc. ADP and TriNet Group, Inc. TNET remain concerns. Earnings Whispers Our proven model does not conclusively show that Insperity is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: Insperity currently has a 0.00% ESP because both the Most Accurate estimate and the Zacks Consensus Estimate stand at 46 cents. Zacks Rank: Insperity's Zacks Rank #3 (Hold) when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Stock to Consider Here is a stock that you may consider as our model shows it has the right combination of elements to post an earnings beat this quarter: Nexstar Broadcasting Group, Inc. NXST has an Earnings ESP of +8.93% and a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report NEXSTAR BRDCSTG (NXST): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-11-02,74.4837,74.8821,74.0102,74.4837,"[""5 Best Dividend Stocks To Buy In November Photo by Simon Cunningham via Flickr Creative Commons Investing in stocks that pay dividends can be agreat way to build wealth over time, as companies that regularly dish out cash payments to their investors tend to outperform the market over the long-term. However, investors can't just pick any dividend paying company and expect to do well, as many other factors like the companies growth prospects balance sheet, and valuation also need to be factored in to the equation. Knowing that, we asked a team of Motley Fool contributors to share a dividend paying stock that they think is a great buy in the month of November. Read their suggestions below and judge for yourself if you agree with their assessments. Dan Caplinger : One key aspect of a successful dividend stock is a consistent track record of raising its quarterly payouts on a regular basis. For Automatic Data Processing , such increases have become a good habit, with the company sporting a 40-year streak of consecutive annual boosts to its payout. Traditionally, ADP implements its dividend increases during November, with last year's boost coming mid-month. The current yield of 2.4% is just above the rate of the average stock, but when you consider the long-term growth trajectory of the dividend, it makes ADP shares more attractive to those who are seeking greater portfolio income. At the same time, ADP has fundamental strength in the current macroeconomic environment. When job growth is strong and unemployment levels are low, ADP benefits from more of its enterprise clients coming to it for payroll and human-resources help, and those favorable trends tend to show up in its bottom-line results. In its most recent report, ADP's employer-services business saw 7% sales growth on a currency-adjusted basis, with U.S. client payroll counts rising 2.3% and helping to support the segment's results. When you consider growth potential and solid income, ADP deserves a closer look from income investors. Brian Feroldi : At first glance, you may think its odd for me to suggest that a biotech stock would be a great place to find a strong dividend payer, but I think investors have just that with Gilead Sciences today. The company only recently started paying a dividend earlier this year, its value price has its shares currently yielding 1.5%, and I think the odds are good that its yield will grow quickly over time. Gilead has been growing like gang-busters over the past few years thanks to its dominance in treating two diseases, HIV and Hepatitis C. The company currently sells several drugs in each disease state, but the company's recent fantastic growth is owed largely its two Hepatitis C drugs, Harvoni and Sovaldi, that combined have brought in more than $14 billion in revenue in the first 9 months of this year alone. Gilead also is looking to extend its lead in Hepatitis C, as it recently submitted a new drug for approval that has the potential to treat all 6 genotypes of the disease with a single, one daily pill, which is something that neither Harvoni or Sovaldi can currently claim. Looking ahead, the company has a huge $15 billion share repurchase authorized, and with a balance sheet that boasts more than $23 billion in cash, odds are good that the company will raise its dividend substantially in the coming months and years. And yet, despite everything that Gilead has going for it, shares are currently trading hands for only 10 times trailing earnings despite the fact that analysts are projecting profit growth of more than 16% annually over the next 5 years. I think thats a terrific bargain , and investors who are looking for yield and growth should give this company a look. Matt Frankel: One dividend stock I'm considering for November is Equity Residential , a real estate investment trust focused on upscale apartment properties, which pays a 2.85% dividend yield as of this writing. There are a few reasons I like Equity. First, Equity is a leader in its specialty. The company owns 388 properties consisting of more than 108,000 apartments, and has another 6,000 units under development. Equity has the highest credit ratings in its sector, which gives it access to abundant capital to take advantage of opportunities. Second, the company has a strong history of good strategic management decisions, the latest of which involves selling $5.4 billion of the property portfolio and exiting the Denver and South Florida markets, which Equity's management feels no longer fit into the company's vision. Now, the company focuses on six key markets (New York, Boston, Washington, D.C., Seattle, San Francisco, and Southern California). All of these are high-growth markets with high barriers to entry, and as a result, rental demand is expected to grow faster than supply. Finally, demographics are favorable for the apartment market in general. Equity estimates that 8.3 million new households will be created in the U.S. between now and 2019, and that 60-70% of these households will be renters. When combined with the lowest homeownership rate since 1967, it's looking like a good time to be in the apartment business. Selena Maranjian : Fertilizer producer Potash Corp. of Saskatchewan is a particularly appealing dividend payer, with a recent yield of about 7%. The stock has fallen by about a third over the past year and has been struggling for longer than that, dealing with low prices for potash and the breakup of Russian potash cartels that had been keeping prices up. There's a lot to like about PotashCorp, though. For one thing, it has fallen so far that it's now trading at an appealing price, with recent and forward-looking price-to-earnings ratios near 12, well below the five-year average of about 20. Its long-term prospects are good, too, since fertilizer is rather necessary for agriculture, and our planet's population keeps growing, adding more mouths to feed. Based in Saskatchewan, the company has access to a lot of potash, giving it the advantage of being a low-cost producer, and its nitrogen and phosphates business serves to stabilize profits, as it can offset losses in potash when they occur. In addition, the company is winding down a multi-billion-dollar capital spending campaign that should position it for further growth and that will likely boost free cash flow. PotashCorp's dividend isn't perfect. Shrinking income in recent years has driven up its payout ratio, and the company carries substantial debt, which can reduce its ability or willingness to hike its payouts significantly. Still, companies will go to great lengths to avoid cutting their dividend, and PotashCorp's current one offers a hefty yield these days. The stock is likely to reward long-term believers. Sean Williams : If you're on the hunt for income stocks with a solid history of growth, considering looking no further than spices, seasonings, and condiments producer and distributor McCormick & Co. . McCormick & Co. has a history of raising its dividend payment in November, and we could be looking at the 30th consecutive years it's boosted its payout this November. After paying out $1.60 in dividends over the prior four quarters, a boost seems probable with $3.75 in EPS forecast by Wall Street in 2016. Despite trading near an all-time high, McCormick offers something that nearly all income investors seek: growth stability in any economic environment. Even if the U.S. enters a recession, which is inevitable at some point in the future, consumers' buying habits for condiments and spices aren't likely to see much change. In fact, eating out less could, in theory, boost McCormick's sales. Thus, McCormick finds itself insulated against significant downside since its business model can transcend what most cyclical stocks deal with. This also gives McCormick substantial pricing power to ensure its top-line continues to grow, even in the face of potentially weakened demand. Aside from being a consumer staple, McCormick also has bountiful avenues to grow. Three recent acquisitions and its push into Asia and the Middle East should provide a footprint for the company to grow by the mid-to-high single-digits in the near to intermediate term. Though not cheap by traditional fundamental metrics, McCormick is akin to the tortoise: it's slow and steady, but it will cross the finish line for you. The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article 5 Best Dividend Stocks To Buy In November originally appeared on Fool.com. Brian Feroldi owns shares of Gilead Sciences. Dan Caplinger has no position in any stocks mentioned. Matthew Frankel has no position in any stocks mentioned. Sean Williams has no position in any stocks mentioned. Selena Maranjian owns shares of Gilead Sciences. The Motley Fool owns shares of and recommends Gilead Sciences. The Motley Fool recommends Automatic Data Processing and McCormick. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Insperity (NSP) Tops Q3 Earnings Estimates, Lags Revenues Insperity Inc.NSP reported third-quarter 2015 earnings (including stock-based compensation expense and amortization of capitalized stock-based compensation but excluding all other non-recurring items and related tax impact) of 48 cents per share, which came ahead of the Zacks Consensus Estimate of 46 cents. Earnings also improved 45.5% on a year-over-year basis. Insperity Inc. (NSP) - Earnings Surprise | FindTheCompany The company reported adjusted earnings of 57 cents a share, an increase of 46% year over year. This figure excludes non-cash impairment and other charges, stockholder advisory expenses and stock-based compensation. Quarter Details Insperity's revenues of $626.3 million increased 11.8% on a year-over-year basis but lagged the Zacks Consensus Estimate of $644 million. The year-over-year improvement was attributed to higher average paid worksite employees (up 13.3%), offset by lower revenues per worksite employee (down 1.4%). The company stated that there was strong growth in both client retention and net hiring from clients. Insperity's gross margin was down 100 basis points from the year-ago quarter to 17%, primarily due to an increase in payroll taxes, benefits and workers' compensation expenses in the quarter. The company's operating expenses (including stock-based compensation) inched up 0.7% from the year-ago quarter to $83.1 million. Operating margin was 13.3% compared with 14.9% in the year-ago period, despite the cost-cutting initiatives taken by the company. Insperity exited the third quarter with cash, marketable securities and restricted cash of $210.8 million compared with $305.1 million as on Dec 31, 2014. The company has returned about $75 million in dividends and share repurchases in the year-to-date time frame. Guidance For the fourth quarter of 2015, Insperity projects adjusted earnings in the range of 40 to 42 cents a share while for full year 2015, the company projects adjusted earnings of $2.26 to 2.28 a share. Conclusion We believe that the company is likely to benefit from an increase in worksite employees (WSE). In addition, lower health care costs and payroll taxes along with increased contribution from Strategic Business Units (SBU) are likely to benefit the company going ahead. Moreover, as workforce synchronization continues to gain traction with mid-market clients, it will likely benefit Insperity. However, a sluggish global macro environment can lead to headcount reductions at client companies. An increase in health care costs does not bode well for Insperity as these constitute one of the major components of operating expenses. Furthermore, client attrition amid increasing competition from the likes of Automatic Data Processing Inc. ADP and TriNet Group, Inc. TNET remain concerns. Currently, Insperity has a Zacks Rank #3 (Hold). A better-ranked stock in the outsourcing industry is Heidrick & Struggles International Inc. HSII , sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report HEIDRICK & STRG (HSII): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-11-03,74.386,74.6651,74.0369,74.2598,"Paylocity (PCTY) Q1 Earnings: Will it Surprise Estimates? Paylocity Holding CorporationPCTY is set to report first-quarter fiscal 2016 results on Nov 5. Last quarter, the company posted a positive earnings surprise of 38.5%. Let's see how things are shaping up for this announcement. Factors to Consider Paylocity reported encouraging fourth-quarter fiscal 2015 results. Also, year-over-year comparisons were favorable. The results were driven by solid sales and operational implementation during the quarter. Also, an increase in average revenue per new client positively impacted quarterly results. We expect the company to continue the trend in the soon to be reported quarter as well. We also remain positive about Paylocity's continuous investments in SaaS technology. It is to be noted that over the past few quarters a significant portion of the revenues has been generated from clients moving from traditional payroll service providers to the company's SaaS-based services. Therefore, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the company's top line over the long run. Initiatives such as these are also likely to have a positive impact on the upcoming results. Furthermore, higher adoption of Paylocity's ACA dashboard application that tracks employee count, employee status and health care plan affordability will act as a tailwind for the company in the long run. However, stiff competition in the payroll processing sector from new entrants as well as existing competitors such as Automatic Data Processing, Inc. ADP , Oracle Corporation and SAP SE remains a headwind. Earnings Whispers Our proven model does not conclusively show that Paylocity is likely to beat estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1(Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here, as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at a loss 15 cents. Hence, the difference is 0.00%. Zacks Rank: Paylocity holds a Zacks Rank #2. Though a favorable Zacks Rank increases the predictive power of ESP, a 0.00% ESP makes surprise prediction difficult. Conversely, we caution against Sell-rated stocks (Zacks Rank #4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few companies worth considering that, according to our model, have the right combination of elements to post an earnings beat this quarter: CDW Corporation CDW with an Earnings ESP of +2.63% and a Zacks Rank #2 CenturyLink, Inc. CTL with an Earnings ESP of +1.45% and a Zacks Rank #2 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report CENTURYLINK INC (CTL): Free Stock Analysis Report PAYLOCITY HLDG (PCTY): Free Stock Analysis Report CDW CORP (CDW): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-11-04,74.6277,74.8258,74.3456,74.457,"[""In-Line ADP Raises Market Hopes Wednesday, November 4, 2015 The major indexes are on track to start today's session in the positive, with the in-line ADP ( ADP ) jobs reading raising hopes of a similar outcome from the key government jobs report on Friday, which has significant Fed implications. Before we discuss this morning's ADP report, let me give you the real-time scorecard for the Q3 earnings season that crossed the 400 mark for S&P 500 members following this morning's reports from Michael Kors ( KORS ), Time Warner ( TWX ) and others. Total earnings for these companies are down -1.8% on -4.7% lower revenues, with 69.8% beating EPS estimates and 42.4% beating revenue estimates. As we have stated in this space before, this is weak performance than we have seen from the same group of 400 S&P 500 members in other recent periods. The overall takeaway on the Q3 earnings season is that growth remains problematic, particularly on the revenue side, and companies continue to guide lower which is causing estimates for the current period to come down. This morning's jobs report from payroll processor ADP matched estimates. This report, which serves as a preview for the all-important monthly non-farm payroll report from the U.S. government's Bureau of Labor Statistics, showed gains of 182K in October relative to estimates of 185K and the prior month's 190K gain (revised lower by 10K). Estimates for the Friday BLS report, which currently stand at 190K per Bloomberg.com for the 'headline' and 174K for the ADP-comparable private-sector jobs, is about in-line with what we got from this morning's report. What that means is that the ADP reading will likely have no bearing on market expectations for the BLS report. Today's jobs report is broadly within the monthly range of monthly gains over the past two years. As has been the pattern, the gains are concentrated in the service sector of the economy, with manufacturing continuing to struggle due to headwinds in the export markets and the weakness in the energy space. In the aggregate, the services sector added 158K in October while goods-producing industries added only 24K. The construction industry had another very strong month, adding 35K positions during the month, while manufacturing lost 2K jobs. The construction strength is in-line with what we have been seeing in other housing related readings like housing starts and new home sales numbers. The factory-sector ISM survey that came out on Monday was in-line with what we saw in today's reading, which is that weak demand abroad and problems in the Energy sector are clouding the outlook for U.S. manufacturers. In terms of business size, large businesses (500 or more employees) added 29K jobs, medium-sized businesses added 63K, while small businesses with less than 50 employees in total added 90K jobs. The key angle from which this report needs to read is the Fed, which surprisingly left the door open for lift-off at next month's meeting even when the market had moved beyond that that timeline following the run of soft economic readings in the last few months. If Friday's BLS reading replicates what we saw today from ADP - particularly if the BLS report is accompanied with positive revisions to the last two months' numbers - then the odds of a December lift-off will increase from the current 50% level. The countdown to Friday's report continues. Sheraz Mian Director of Research Note: In addition to this daily pre-open article about the market, economy, and the corporate earnings picture, Sheraz Mian also provides detailed earnings analysis in his weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz Mian publishes a new article, please click here . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report MICHAEL KORS (KORS): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Lowers Guidance, but Long-Term Growth Prospects Remain Strong Source: Automatic Data Processing. Automatic Data Processing reported 2016 fiscal first quarter results late last month. The payroll and human resources company continues to win new business at an impressive rate. ADP results: The raw numbers Source: ADP Q1 2016 earnings press release . What happened with ADP this quarter? Worldwide new business bookings grew 13% in the first quarter. Revenue increased 6% year over year to $2.7 billion -- 9% on a constant dollar basis -- as employer services revenue rose 3%, and PEO Services revenue jumped 18%. Adjusted pre-tax earnings, which exclude divesture-related gains, grew 6% to $477 million -- 8% on a constant dollar basis -- as adjusted pre-tax margin expanded 10 basis points to 17.6%. Adjusted EPS from continuing operations increased 10% to $0.68 -- 11% on a constant dollar basis -- boosted by share buybacks and a lower effective tax rate. ADP acquired 4.2 million shares of its stock at a cost of $334 million in the first quarter. ADP also completed a $2 billion debt offering during the quarter and intends to use the proceeds to repurchase more stock during the next 12 to 24 months. In September, ADP completed the sale of its non-core AdvancedMD business for a gain of $29 million as part of its strategy to better focus its operations on human capital management solutions. Looking forward ADP now anticipates growth in worldwide new business bookings of at least 10% over $1.6 billion sold in fiscal 2015, compared to the company's prior forecast of 8% to 10%. \""ADP had a good start to fiscal 2016, and we continue to experience very good momentum in new business bookings,\"" said CEO Carlos Rodriguez. \""Our new business bookings performance for the quarter reflects the confidence our clients have in ADP's ability to assist them with their HCM needs, including compliance with the Affordable Care Act.\"" After accounting for the divestiture of the AdvancedMD business, ADP now anticipates revenue growth of 7% to 8%, down from its previous estimate of 7% to 9%, with employer services and PEO revenue expected to grow 5% to 6% and 15% to 17%, respectively. ADP also now expects its full-year fiscal 2016 adjusted EPS growth to come in at the low-end of its previous forecast. \""Because of the added expense pressure we expect from continued strong new business bookings, along with investments required to convert these bookings into new recurring revenue, we now expect adjusted diluted earnings per share growth will be at the lower end of our 12% to 14% range for the fiscal year,\"" said CFO Jan Siegmund. \""We believe these investments will position ADP well for future growth.\"" The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article Automatic Data Processing Lowers Guidance, but Long-Term Growth Prospects Remain Strong originally appeared on Fool.com. Joe Tenebruso has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Paycom Software Inc. Jumped on Wednesday What: Shares of Paycom Software rose as much as 18% on Wednesday morning before settling down to a 14.5% gain as of 1:20 p.m. The provider of online services for managing a company's human resources posted third-quarter results on Tuesday night, just edging past Wall Street's earnings target but crushing the revenue consensus. So what: In the third quarter, Paycom's sales increased by 51% year over year to land at $55.3 million. Adjusted earnings rose 60% higher, to $0.08 per diluted share. Analysts would have settled for earnings near $0.07 per share on roughly $51.5 million in top-line revenues. Now what: The fantastic revenue performance looks all the more impressive when you consider that 98% of the company's sales are tied to long-term contracts. Repeatable sales actually increased by 113% year over year, outpacing the growth of non-contract revenues. In other words, this is not just a single quarter of great sales but the formation of a solid, repeatable revenue base for the next several years. \""We believe this robust performance was due to the ongoing market embrace of our powerful, yet easy to use cloud-based solution as well as our top-notch sales organization that continues to mature and hit its stride,\"" said Paycom CEO Chad Richison in a conference call with analysts. As you might expect from a company focused on managing and growing payrolls, Paycom's own sales and marketing budget increased 60% year over year. Paycom's strong report also lit fires under the company's rivals. Direct competitor Paylocity rose more than 4%, just ahead of its own earnings report on Thursday night. Even much larger and more diversified rivals took notice. Automatic Data Processing is a $40 billion giant that reported its own quarterly results just last week, but that stock bucked Wednesday's negative market trends with a modest 0.5% gain on no significant news besides the Paycom report. Zooming out a bit, you'll find that ADP shares have largely tracked the S&P 500 over the last year, while cloud-based specialists Paylocity and Paycom gained 44% and 158%, respectively. It's pretty clear where the market winds are blowing, and Paycom's actual results explain where that rocket fuel is coming from. This $19 trillion industry could destroy the Internet One bleeding-edge technology is about to put the World Wide Web to bed. It could make early investors wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism... The Economist is calling it \""transformative\""... But you'll probably just call it \""how I made my millions.\"" Don't be too late to the party -- click here for one stock to own when the Web goes dark. The article Why Paycom Software Inc. Jumped on Wednesday originally appeared on Fool.com. Anders Bylund has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. Try any of our Foolish newsletter services free for 30 days .We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""U.S. Stock Futures Rise on Reassuring Trade, Employment Data""]" ADP,2015-11-05,74.7549,74.8258,74.0625,74.4737,"Stock Market News for November 05, 2015 Benchmarks snapped two-straight days of gains to end in the red on Wednesday after Fed Chair Janet Yellen said that a rate hike in December was a ""live possibility"". Ultra-low interest rates had boosted the equity markets for the last six years. Meanwhile, decline in energy shares following a drop in oil prices also had a negative impact on the broader markets. U.S. crude oil price settled below $50 per barrel on Wednesday on inventory build. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) slipped 0.3% to close at 17,867.58. The Standard & Poor's 500 (S&P 500) lost 0.4%, to close at 2,102.31. The tech-laden Nasdaq Composite Index closed at 5,142.48, losing a meager 0.05%. Meanwhile, the fear-gauge CBOE Volatility Index (VIX) gained 6.7% to settle at 15.51. A total of around 7.4 billion shares were traded on Wednesday, higher than the last 20-sessions' average of 7 billion. Decliners outpaced advancing stocks on the NYSE. For 58% stocks that declined, 39% advanced. Benchmarks ended in negative territory on Wednesday after the Federal Reserve Chairwoman Janet Yellen indicated a possible interest rate hike in December. Ultra-low interest rates have aided economic recovery and helped markets enjoy the Bull Run. However, Yellen said a rate hike of 25 basis points in December won't adversely affect the economy or the housing market. While testifying before the House Financial Services Committee, Yellen said: ""The economy will continue to grow at a pace that's sufficient to generate further improvements in the labor market and to return inflation to our 2% target over the medium term, and if the incoming information supports that expectation, then…December would be a live possibility"". New York Fed President William Dudley also said that he ""completely agrees"" with Yellen that an increase in interest rates in December is a live possibility. Investors' rate-hike expectations in December went up on Wednesday following Yellen's hawkish comments. The CME Group Fed Watch tool showed that odds of a rate hike in December moved up to 60% on Wednesday, compared with Tuesday's reading of about 52%. Meanwhile, private sector employment gains continued in October, but at a slightly slower pace than in September. On Wednesday, the Automatic Data Processing Inc. ( ADP ) reported that 182,000 private sector jobs were added last month, while September's job additions were revised downward to 190,000. Investors are keeping an eye on employment reports to gauge the timing of a rate hike. They are also looking forward to the nonfarm payroll report to be released on Friday. Decline in energy shares also had a negative impact on the broader markets on Wednesday. Increase in U.S. crude inventories, a stronger dollar and plunge in gasoline prices dragged oil prices lower. Additionally, possibility of weaker demand for oil from OPEC in the next few years also dragged oil prices lower. Prices of WTI crude oil and Brent crude oil declined 3.4% and 4% to $46.32 per barrel and $48.58 a barrel, respectively. The Energy Select Sector SPDR (XLE) dropped 0.9%, the highest among the S&P 500 sectors. Dow components Exxon Mobil Corporation ( XOM ) and Chevron Corporation ( CVX ) declined 1% and 1.4%, respectively. Other key stocks from the energy sector including ConocoPhillips ( COP ), Kinder Morgan, Inc. ( KMI ) and Occidental Petroleum Corporation ( OXY ) decreased 0.7%, 2.5% and 1.1%, respectively. Overall, 9 out of 12 sectors of the S&P 500 ended in the red. In economic news, the Institute for Supply Management reported that ISM Services Index increased to 59.1% in October from September's reading of 56.9%. The rise was in contrast to the consensus estimate of a decrease to 56.2%. Separately, the U.S. Census Bureau reported that trade deficit decreased in September to $40.8 billion from $48 billion in August, more than the consensus estimate of a decrease to $42.5 billion. On the earnings front, shares of Michael Kors Holdings Limited ( KORS ) surged 8.3% after the company reported second quarter fiscal 2016 earnings per share of $1.01, beating the Zacks Consensus Estimate of 89 cents. Revenues of $1,130 million also came ahead of the Zacks Consensus Estimate of $1,073 million. Time Warner Inc. ( TWX ) also posted third quarter earnings per share of $1.25 that beat the Zacks Consensus Estimate of $1.09. Revenues of $6,564 million also came ahead of the Zacks Consensus Estimate of $6,496 million. However, the company's shares dropped 6.6% after it lowered its earnings expectations for 2016 to $5.25 per share from its earlier guidance of $6 per share. Including these reports, more than 400 S&P 500 members have reported third quarter earnings results so far. Earnings of these members are down 1.8% on 4.7% lower revenues, with 69.8% beating earnings per share estimates and 42.4% coming ahead of top-line expectations. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report CONOCOPHILLIPS (COP): Free Stock Analysis Report KINDER MORGAN (KMI): Free Stock Analysis Report OCCIDENTAL PET (OXY): Free Stock Analysis Report MICHAEL KORS (KORS): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-11-06,74.242,75.242,73.8476,75.0289,"Dow 30 Stock Roundup: Chevron, Exxon, Disney Beat on Earnings, Visa Reports In Line Fluctuating energy shares and indications of a rate hike in December led to a mixed week for the Dow. Gains in energy and healthcare stocks helped the Dow post gains on Monday. The blue-chip index moved upward on Tuesday, following strong gains from energy and tech shares. The Dow closed in the red on Wednesday following indications of a rate hike in December. The index experienced a meager decline on Thursday as investors remained cautious ahead of nonfarm payroll data. The Dow has gained 1.2% during the first four trading days. LastWeek's Performance Last Friday, dismal economic data and a slump in financials dragged the Dow into the red. The index lost 0.5% after consumer spending recorded its smallest increase since January due to a slowdown in spending on nondurable goods. Personal consumption expenditure increased 0.1% in September, lower than the 0.4% increase in August. Additionally, the University of Michigan and Thomson Reuters' reading of consumer sentiment was at 90 in October, lower than the consensus forecast of an increase to 92.7. Earlier, the preliminary consumer sentiment reading was at 92.1 in October. The decline in financial stocks also had a negative impact on the broader markets. Meanwhile, investors kept an eye on the third quarter earnings results. Two of the largest oil companies, Exxon Mobil Corp. XOM and Chevron Corp/ CVX , reported mixed quarterly results. Nevertheless, shares of both Exxon Mobil and Chevron advanced 0.6% and 1.1%, respectively. For the week, the blue-chip index gained 0.1%. Benchmarks ended in the green for the week after the Federal Reserve signaled a rate hike possibility in December. Better-than-expected earnings from Apple Inc. AAPL also played an important role in boosting major indexes. The Dow jumped 8.6% in October. Indications of further economic stimulus programs in the Eurozone and China helped benchmarks end in positive territory for the month. A jump in healthcare stocks and a strong rebound in energy shares also boosted major benchmarks. Moreover, encouraging economic data on the domestic front, which include housing starts and existing home sales, had a positive impact on major benchmarks. Among other results, earnings numbers from The Boeing Co. BA and United Technologies Corp. UTX also boosted markets. The DowThisWeek Gains in energy and healthcare stocks lifted the broader markets as the Dow rose 0.9% on Monday. Investors also remained focused on a slew of deals and quarterly earnings results, brushing off weak manufacturing data. Oil majors Exxon Mobil and Chevron moved upward, helping energy shares move north. Both these Dow components extended their post-earnings gains, despite the decline in oil prices . Shares of Exxon Mobil and Chevron advanced 3.1% and 4.5%, respectively. Healthcare stocks gained following news of a potential acquisition of Dyax Corp. DYAX by Shire plc SHPG . Shire declared that it will buy Dyax in an all-cash deal valued at $5.9 billion. While shares of Dyax soared 28.4%, shares of Shire declined 1%. The ISM manufacturing index declined from September's 50.2% to 50.1% in October, its lowest level in October since May 2013. Meanwhile, construction gained 0.6% in September. And several high-profile mergers lifted investor sentiment. The index gained 0.5% on Tuesday, following strong gains from energy and tech shares. Auto sales also boosted investor sentiment, which remained unaffected by some dismal earnings numbers. The second consecutive day of gains helped the Dow stay in the green for the year. At that point the Dow had gained 0.5% for the year. Exxon Mobil and Chevron increased 1.8% and 3.4%, respectively. The two oil majors were the biggest influence on the Dow. Heavyweights Apple and Microsoft Corp. MSFT gained 1.1% and 1.7%, respectively. Markets were also aided by Autodata's bullish report of a gain in the auto sales rate in October to 18.2 million cars from 16.6 million in the year-ago period. The auto sales rate remained above 18 million for two consecutive months; the first such instance since 2000. The Dow snapped two straight days of gains to end in the red on Wednesday, losing 0.3%. Stocks fell after the Fed Chair Janet Yellen said that a rate hike in December was a ""live possibility."" Ultra-low interest rates have aided economic recovery and helped markets to enjoy a Bull Run. The decline in energy shares also had a negative impact on the broader markets on Wednesday. Increase in U.S. crude inventories, a stronger dollar and plunge in gasoline prices dragged oil prices lower. Additionally, the possibility of weaker demand for oil from OPEC in the next few years also dragged oil prices lower. Dow components Exxon Mobil and Chevron declined 1% and 1.4%, respectively. Meanwhile, Automatic Data Processing Inc. ADP reported that 182,000 private sector jobs were added last month, while September's job additions were revised downward to 190,000. Investors are keeping an eye on employment reports to gauge the timing of a rate hike. The blue-chip index experienced a meager decline of 0.02% on Thursday. Investors refrained from making big bets ahead of Friday's nonfarm payroll report. Initial claims increased 16,000 to 276,000. The consensus estimate had projected initial claims would remain unchanged at 260,000. Additionally, the 4-week moving average increased 3,500 from the prior week to 259,250. Also, Atlanta Fed president Dennis Lockhart said that the case for a rate hike will ""continue to firm up."" Meanwhile, a decline in energy shares following a drop in oil prices weighed on the broader markets. Increased crude supply in the U.S. and Europe dragged down prices of oil. Exxon Mobil and Chevron declined 1.4% and 2.3%, respectively. ComponentsMovingthe Index ExxonMobil posted third-quarter 2015 earnings of $1.01 per share, beating the Zacks Consensus Estimate of 89 cents. However, revenues for the quarter came in at $67.3 billion that missed the Zacks Consensus Estimate of $68 billion. The bottom line decreased from $1.89 in the year-ago quarter. The decline stemmed from an environment of persistently falling commodity prices. In the reported quarter, the energy behemoth witnessed lower commodity prices in the Upstream business, partially offset by improved Downstream margins. Total revenue in the quarter came in at $67.3 billion, much below $107.1 billion in the year-ago quarter. The top line also missed the Zacks Consensus Estimate of $68.0 billion. Chevron reported better-than-expected third quarter earnings on improved downstream results that saw refining margins climb on lower input costs. Earnings per share came in at $1.09, well above the Zacks Consensus Estimate of 79 cents. However, Chevron's performance deteriorated from the year-ago profit of $2.95 per share amid a plunge in oil prices. The company's quarterly revenue also fell 37.2% year over year to $34,315 million. Visa Inc.V posted fourth quarter fiscal 2015 (ended Sep 30) operating earnings per Class A common share of 62 cents, in line with the Zacks Consensus Estimate. The bottom line improved 44% year over year. Total operating revenue for the reported quarter was $3.6 billion, up 11% year over year and in line with the Zacks Consensus Estimate. On a constant currency basis, revenues grew 13% from the year-ago quarter. Operating expense of $1.3 billion was down 23.2% year over year due to lower litigation provision, partly offset by higher personnel and marketing expense. The Walt Disney Company 's DIS fourth quarter fiscal 2015 earnings per share of $1.20 rose 34.8% year over year and beat the Zacks Consensus Estimate of $1.17, marking the ninth consecutive quarter of an earnings beat. In spite of growing 9% year over year, revenues of $13,512 million came in a tad below the Zacks Consensus Estimate of $13,561 million, missing expectations for the second consecutive quarter. The year-over-year increase in revenues was primarily driven by a surge in revenues from Media Networks, Parks and Resorts and Consumer Products. For fiscal 2015, the company reported earnings per share of $5.15, up 19% from the fiscal 2014 figure of $4.32. The company generated revenues of $52,465 million in comparison to $48,813 million in fiscal 2014. Operating income in fiscal 2015 increased 13% to $14,681 million, whereas net income jumped 12% to $8,382 million. Boeing received an order for 5 787-9 Dreamliners from Qantas Airways Ltd, worth $1.3 billion at list prices. The Australian flag carrier is also converting three 787-8 orders from its Jetstar Airways subsidiary into 787-9s. These airplanes are expected to open direct routes to Europe in the next two years. Meanwhile, Boeing received orders from El Al Israel Airlines Ltd for 9 787s, of which 3 orders are for 787-9s. The order, worth over $2.2 billion, is the largest in the airline's history and maintains its reputation of having an all-Boeing fleet. El Al Israel Airlines is also planning to lease 6 more 787s to move forward with its plan of increasing capacity. The Goldman Sachs Group, Inc.GS has decreased estimates for potential legal losses by 10% to $5.3 billion from $5.9 billion, as stated in August, in its latest quarterly filing. According to the filing, the decline stems from an increase in legal reserves by $416 million during the quarter. Notably, the bank has increased its legal reserves by $2.1 billion this year, as compared to the total amount set aside in the past three years. Moreover, legal expenses have decreased return on equity to 8.8% in the first nine months of 2015 as compared to 11% in the comparable period of 2014. Performance of the Top 10 Dow Companies The table given below shows the price movements of the 10 largest components of the Dow, which is a price weighted index, over the last five days and during the last six months. Over the last five trading days, the Dow has gained 1.2%. Next Week's Outlook Fluctuating energy shares and growing indications that the Fed will hike rates in December dominated this week's proceedings. Broader markets have been guided by the movement of energy shares for some time now and it seems that the trend is likely to continue. Investors' wariness about a rate hike was clearly displayed by their response to comments made by the Fed Chair. This is why market watchers reduced activity on Thursday, ahead of employment data to be released on Friday. Investors will now be closely tracking domestic economic reports to gauge whether the Fed will hike rates in December. Several important economic reports are lined up for release in the days ahead. This includes Friday's non-farm payroll numbers and initial claims, retail sales and PPI data to be released next week. The nature of these reports and the fate of oil prices are likely to determine the direction of the markets in the days ahead. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CHEVRON CORP (CVX): Free Stock Analysis Report VISA INC-A (V): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report UTD TECHS CORP (UTX): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report GOLDMAN SACHS (GS): Free Stock Analysis Report SHIRE PLC-ADR (SHPG): Free Stock Analysis Report DYAX CORP (DYAX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-11-09,74.5241,74.6651,73.8071,74.2845,"Noteworthy ETF Inflows: USMV, MCD, AZO, ADP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI USA Minimum Volatility ETF (Symbol: USMV) where we have detected an approximate $71.0 million dollar inflow -- that's a 1.1% increase week over week in outstanding units (from 156,300,000 to 158,000,000). Among the largest underlying components of USMV, in trading today McDonald's Corp (Symbol: MCD) is down about 0.5%, AutoZone, Inc. (Symbol: AZO) is off about 1.4%, and Automatic Data Processing Inc. (Symbol: ADP) is lower by about 1.2%. For a complete list of holdings, visit the USMV Holdings page » The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $26.41 per share, with $42.72 as the 52 week high point - that compares with a last trade of $41.43. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-11-10,74.0369,74.7479,73.8988,74.4481,"[""ADP Raises Qtr. Dividend from $0.4875 to $0.53/Share"", ""ADP Raises Qtr. Dividend from $0.4875 to $0.53/Share"", ""ADP Raises Qtr. Dividend from $0.4875 to $0.53/Share""]" ADP,2015-11-11,74.816,75.3041,74.3189,74.6464,"[""Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for November 12, 2015 Evertec, Inc. ( EVTC ) will begin trading ex-dividend on November 12, 2015. A cash dividend payment of $0.1 per share is scheduled to be paid on December 04, 2015. Shareholders who purchased EVTC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that EVTC has paid the same dividend. At the current stock price of $17.41, the dividend yield is 2.3%. The previous trading day's last sale of EVTC was $17.41, representing a -24.7% decrease from the 52 week high of $23.12 and a 16.61% increase over the 52 week low of $14.93. EVTC is a part of the Technology sector, which includes companies such as Cognizant Technology Solutions Corporation ( CTSH ) and Automatic Data Processing, Inc. ( ADP ). EVTC's current earnings per share, an indicator of a company's profitability, is $.83. Zacks Investment Research reports EVTC's forecasted earnings growth in 2015 as 1.92%, compared to an industry average of 11.4%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Daily Dividend Report: MCD, ADP, PRU, DCT, MMM, STI, O, CMA McDonald's declared a quarterly cash dividend of $0.89 per share of common stock payable on December 15, 2015 to shareholders of record at the close of business on December 1, 2015. This represents a 5% increase over the Company's previous quarterly dividend and brings the fourth quarter dividend payout to more than $800 million. Automatic Data Processing ( ADP ) approved a $0.04 increase in the quarterly cash dividend to an annual rate of $2.12 per share. The new quarterly dividend rate of $0.53 per share compares with the previous quarterly dividend rate of $0.49 per share. This increased quarterly dividend will be distributed on January 1, 2016 to shareholders of record at December 11, 2015. Prudential Financial ( PRU ) announced the declaration of a quarterly dividend of $0.70 per share of Common Stock, payable on December 17, 2015, to shareholders of record at the close of business on November 24, 2015. DCT Industrial Trust ( DCT ) approved a 3.6 percent increase in its quarterly dividend, raising it to $0.29 per share from $0.28 per share. The dividend is payable on January 7, 2016 to stockholders of record as of December 24, 2015. 3M ( MMM ) declared a dividend on the company's common stock of $1.025 per share for the fourth quarter of 2015, payable Dec. 12, 2015, to shareholders of record at the close of business on Nov. 20, 2015. SunTrust Banks ( STI ) has declared a regular quarterly cash dividend of $0.24 per common share. The dividend is payable on December 15, 2015, to shareholders of record at the close of business on November 30, 2015. Realty Income Corporation (O) has declared the 545th consecutive common stock monthly dividend. The dividend amount of $0.1905 per share, representing an annualized amount of $2.286 per share, is payable on December 15, 2015 to shareholders of record as of December 1, 2015. Comerica declared a quarterly cash dividend for common stock of 21 cents per share. The dividend is payable January 1, 2016, to common stock shareholders of record December 15, 2015. VIDEO: Daily Dividend Report: MCD, ADP, PRU, DCT, MMM, STI, O, CMA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-11-12,74.4934,74.7982,73.813,73.8219, ADP,2015-11-13,73.5231,74.2065,72.7765,72.8208,"Paylocity Up to Strong Buy: Should It Be in Your Portfolio? On Nov 11, Zacks Investment Research upgraded Paylocity Holding CorporationPCTY to a Zacks Rank #1 (Strong Buy). With a strong return of 49.7% over the past one year, positive estimate revisions over the last 30 days and better-than-expected first-quarter fiscal 2016 revenues, Paylocity is an attractive investment opportunity. Why the Upgrade? Paylocity reported revenues of $45.1 million in the first quarter of fiscal 2016, which not only increased 45% from the year-ago quarter but also came ahead of the Zacks Consensus Estimate of $42 million. The year-over-over increase was driven by solid sales and operational implementation during the quarter. The rising demand for the company's unified payroll and HCM platform further aided sales growth. Moreover, revenues were impacted positively by a 45.4% increase in recurring revenues and a 38.2% increase in implementation and other revenues on a year-over-year basis. The company reported adjusted loss (excluding one-time items but including stock-based compensation) of 6 cents per share, which compared favorably with the Zacks Consensus Estimate of a loss of 15 cents and a loss of 10 cents reported in the year-ago-quarter. Over the past 30 days, all the estimates (2) for fiscal 2016 were revised upward, narrowing the Zacks Consensus Estimate by 16 cents to a loss of 24 cents. Paylocity also delivered positive earnings surprises in the last four quarters with an average beat of 60%. Buoyed by better-than-expected first-quarter results, the company guided a positive second quarter and raised its fiscal 2016 guidance. For the second quarter of fiscal 2016, Paylocity expects revenues in the range of $48 million to $49 million. The Zacks Consensus Estimate is pegged at $49 million. Non-GAAP net loss per share is expected to be in the range of 2 cents to 4 cents, narrower than the Zacks Consensus Estimate loss of 11 cents. For fiscal 2016, Paylocity expects revenues in the range of $210 million to $214 million (earlier projection was $199 million to $203 million). The Zacks Consensus Estimate is pegged at $213 million. Non-GAAP net earnings per share are expected to be in the range of 4 cents to 7 cents as against the Zacks Consensus Estimate of a loss of 24 cents. We remain positive about Paylocity's continuous investments in SaaS technology. It is to be noted that over the past few quarters a significant portion of its revenues has been generated from clients moving from traditional payroll service providers to the company's SaaS-based services. Therefore, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the company's top line over the long run. Initiatives such as these are also likely to have a positive impact going ahead. Furthermore, higher adoption of Paylocity's ACA dashboard application that tracks employee count, employee status and health care plan affordability will act as a tailwind for the company in the long run. However, competition in the payroll processing sector from new entrants as well as existing competitors such as Automatic Data Processing, Inc. ADP , Oracle Corporation ORCL and SAP SE remains a headwind. Besides Paylocity, investors may look at Cadence Design Systems Inc. CDNS , another Zacks Rank #1 stock in the technology sector. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report CADENCE DESIGN (CDNS): Free Stock Analysis Report PAYLOCITY HLDG (PCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-11-16,72.9146,74.0981,72.8298,74.0802, ADP,2015-11-17,74.0181,74.172,73.2736,73.5409,"Will Intuit (INTU) Surprise Estimates in Q1 Earnings Release? Intuit Inc.INTU is expected to report first-quarter fiscal 2016 results on Nov 19. Last quarter, the company posted a positive earnings surprise of 8%. Let us see how things are shaping up for this announcement. Factors to Consider Intuit concluded fiscal 2015 on a dismal note. Although revenues grew on a year-over-year basis, its loss widened. Nevertheless, we are positive on Intuit's growing SMB exposure and believe that the strategic acquisitions will boost the segment. The increased adoption of its cloud-based services and products is another positive. Intuit has also restructured its business to focus more on QuickBooks services. The company expects to continue to invest in the portfolio, which is likely to impact its near-term profitability. Moreover, rising competition from payroll solution providers such as Paychex Inc. and Automatic Data Processing ADP is a concern, in our view, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Earnings Whispers Our proven model does not conclusively show that Intuit will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at a loss of 20 cents. Hence, the difference is 0.00%. Zacks Rank: Intuit's Zacks Rank #3 (Hold) increases the predictive power of ESP. However, we need to have a positive ESP to be confident about an earnings surprise. We caution against stocks with a Zacks Rank #4 and #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are some companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat in their upcoming releases: Seadrill Partners LLC SDLP with Earnings ESP of +12.00% and a Zacks Rank #1 (Strong Buy) TiVo Inc. TIVO with Earnings ESP of +12.50% and a Zacks Rank #3 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report TIVO INC (TIVO): Free Stock Analysis Report SEADRILL PTNRS (SDLP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-11-18,73.8731,74.1059,73.1641,74.0625, ADP,2015-11-19,74.1562,74.2598,73.8574,73.9698, ADP,2015-11-20,74.4383,75.0458,74.0527,74.7381,"DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for November 23, 2015 DST Systems, Inc. ( DST ) will begin trading ex-dividend on November 23, 2015. A cash dividend payment of $0.3 per share is scheduled to be paid on December 11, 2015. Shareholders who purchased DST prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that DST has paid the same dividend. At the current stock price of $122.39, the dividend yield is .98%. The previous trading day's last sale of DST was $122.39, representing a -9.11% decrease from the 52 week high of $134.65 and a 33.42% increase over the 52 week low of $91.73. DST is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). DST's current earnings per share, an indicator of a company's profitability, is $14.51. Zacks Investment Research reports DST's forecasted earnings growth in 2015 as 6.85%, compared to an industry average of 6.4%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-11-23,74.7095,75.0289,74.4934,74.7904,"[""Evolving Systems, Inc. (EVOL) Ex-Dividend Date Scheduled for November 24, 2015 Evolving Systems, Inc. ( EVOL ) will begin trading ex-dividend on November 24, 2015. A cash dividend payment of $0.11 per share is scheduled to be paid on December 04, 2015. Shareholders who purchased EVOL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that EVOL has paid the same dividend. At the current stock price of $5.4, the dividend yield is 8.15%. The previous trading day's last sale of EVOL was $5.4, representing a -49.77% decrease from the 52 week high of $10.75 and a 2.86% increase over the 52 week low of $5.25. EVOL is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). EVOL's current earnings per share, an indicator of a company's profitability, is $.32. Zacks Investment Research reports EVOL's forecasted earnings growth in 2015 as -38.78%, compared to an industry average of .8%. For more information on the declaration, record and payment dates, visit the EVOL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for November 24, 2015 Open Text Corporation ( OTEX ) will begin trading ex-dividend on November 24, 2015. A cash dividend payment of $0.2 per share is scheduled to be paid on December 18, 2015. Shareholders who purchased OTEX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that OTEX has paid the same dividend. At the current stock price of $47.75, the dividend yield is 1.68%. The previous trading day's last sale of OTEX was $47.75, representing a -22.66% decrease from the 52 week high of $61.74 and a 30.29% increase over the 52 week low of $36.65. OTEX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). OTEX's current earnings per share, an indicator of a company's profitability, is $1.72. Zacks Investment Research reports OTEX's forecasted earnings growth in 2016 as 5.69%, compared to an industry average of 6.4%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-11-24,74.4837,74.7005,73.5319,74.242,"[""Equifax (EFX) Signs Binding Agreement to Buy Veda Group After more than two months of deliberation, Equifax Inc.EFX finally signed a binding agreement to take over Veda Group Limited, the leading Australian credit information provider. Per the deal, Equifax will buy all the outstanding common stocks of Veda for AUD$2.825 each, higher than its earlier offer of AUD$2.70. At the current exchange rate, the new offer brings the total deal value to about AUD$2.4 billion or US$1.8 billion. Equifax anticipates the acquisition, expected to close by the end of first-quarter 2016, to be accretive to the bottom line over the long run. On Sep 18, the Atlanta-based data management company offered to acquire all the outstanding Veda shares at a price of AUD$2.70, which was a premium of about 35% over its Sep 17 closing price of AUD$1.995. On the basis of that day's foreign exchange rate, the total deal value translated to roughly AUD$2.3 billion or US$1.6 billion. If all goes well, this would be Equifax's biggest acquisition surpassing even the $1 billion CSC Credit Services buyout in 2012. Veda, the leading Sydney-based data analytics provider, principally operates in Australia and New Zealand. The company tracks credit information of approximately 20 million people and 5.7 million organizations in the two countries. Equifax is the world's largest data management company which organizes and assimilates data related to more than 600 million customers and 81 million businesses globally, especially in the U.S. and Europe. The company entered the Australian market last year with the U.K.-based TDX Group buyout. The debt management software company also has a regional office in Sydney. Notably, financial scrutiny in Australia has become stricter of late as the government is adopting a comprehensive credit reporting regime to check money laundering and terrorist financing. So the recent move will give Equifax a substantial foothold in the country, in our view. The company's September bid came at an opportune moment as the Australian dollar weakened about 20% than the last year. Additionally, Veda shares were trading 20% lower on Sep 17 than its 52-week high value of AUD$2.50 hit on Sep 19, 2014. Customers are now looking for solutions to streamline data collection capabilities. We believe that by leveraging Veda's services Equifax will be able to offer better data, technology and advisory solutions and position it as a leader in important markets. Equifax has made strategic acquisitions to supplement its core business. In 2014, the company acquired TDX Group and Forseva from which it expects to derive 1% to 2% revenue growth over the long term. Additionally, Equifax expands internationally through joint ventures that keep operating costs down and require no integration time while diversifying the revenue source. Management's efforts such as product innovation, expansion of data assets through acquisitions and continuous share gains in North America are encouraging. Also, the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure are likely to boost growth, going ahead. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. FISV and Moody's Corp. MCO as well as uncertainty in the mortgage sector raise concern. Currently, Equifax carries a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for November 25, 2015 Ebix, Inc. ( EBIX ) will begin trading ex-dividend on November 25, 2015. A cash dividend payment of $0.075 per share is scheduled to be paid on December 15, 2015. Shareholders who purchased EBIX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that EBIX has paid the same dividend. At the current stock price of $36.71, the dividend yield is .82%. The previous trading day's last sale of EBIX was $36.71, representing a -3.5% decrease from the 52 week high of $38.04 and a 134.87% increase over the 52 week low of $15.63. EBIX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). EBIX's current earnings per share, an indicator of a company's profitability, is $2.09. Zacks Investment Research reports EBIX's forecasted earnings growth in 2015 as 33.53%, compared to an industry average of 10.1%. For more information on the declaration, record and payment dates, visit the EBIX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EBIX through an Exchange Traded Fund [ETF]? The following ETF(s) have EBIX as a top-10 holding: First Trust DJ Select MicroCap ETF ( FDM ) PowerShares Zacks Micro Cap ( PZI ). The top-performing ETF of this group is FDM with an decrease of -1.07% over the last 100 days. It also has the highest percent weighting of EBIX at 0.85%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-11-25,74.2686,74.386,73.9431,73.9837,"Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for November 27, 2015 Jack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on November 27, 2015. A cash dividend payment of $0.25 per share is scheduled to be paid on December 16, 2015. Shareholders who purchased JKHY prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that JKHY has paid the same dividend. At the current stock price of $78.64, the dividend yield is 1.27%. The previous trading day's last sale of JKHY was $78.64, representing a -1.52% decrease from the 52 week high of $79.85 and a 31.09% increase over the 52 week low of $59.99. JKHY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). JKHY's current earnings per share, an indicator of a company's profitability, is $2.74. Zacks Investment Research reports JKHY's forecasted earnings growth in 2016 as 6.56%, compared to an industry average of -6.3%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to JKHY through an Exchange Traded Fund [ETF]? The following ETF(s) have JKHY as a top-10 holding: PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 2.65% over the last 100 days. It also has the highest percent weighting of JKHY at 2.86%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-11-27,74.0438,74.5241,73.8317,74.2242, ADP,2015-11-30,74.4659,74.5556,73.7894,73.8574,"Is This the Right Time to Invest in Equifax (EFX) Stock? Shares of Equifax Inc.EFX hit a new 52-week high of $112.42 on Nov 27, eventually closing at $112.32. The closing share price represents a one-year return of 41.5% and a year-to-date return of 38.9%. The average trading volume for the last three months aggregated approximately 639K shares. The company has been gaining significantly on the back of ongoing growth initiatives, product innovation, shareholder-friendly moves and impressive quarterly results. Some of the optimism surrounding the stock may be attributed to Equifax's recent agreement to take over Veda Group Limited, the leading Australian credit information provider. Per the deal, Equifax will buy all the outstanding common stocks of Veda for AUD$2.825 each, higher than its earlier offer of AUD$2.70. If all goes well, this would be Equifax's biggest acquisition, surpassing the $1 billion CSC Credit Services buyout in 2012. Equifax has made strategic acquisitions to supplement its core business. In 2014, the company took over TDX Group and Forseva. The company expects to derive 1% to 2% revenue growth from these buyouts over the long term. Apart from acquisitions, Equifax has remained enthusiastic about forming joint ventures that could expand its business internationally. Joint ventures keep operating costs down and need no integration time while diversifying the revenue source. To tap the immense growth opportunity in the Brazilian credit data market, Equifax merged credit reporting operations of its Brazilian subsidiary with Boa Vista Servicos S.A., the second-largest consumer credit bureau in Brazil. The company expects its investments in the joint ventures to yield desired results and help it to register solid growth over the long term. The regular dividends and share repurchases also keep investors interested in the stock. During the first nine months, the company paid $103.4 million as dividends and repurchased stocks worth $196.3 million. Equifax reported better-than-expected third-quarter 2015 results which improved year over year as well. The company's adjusted earnings per share from continuing operations of $1.14 surpassed the Zacks Consensus Estimate of $1.10 and increased 12.9% from the year-ago quarter. Equifax's revenues of $678.1 million went up 8.8% year over year and beat the Zacks Consensus Estimate of $666 million. The year-over-year upside was supported by revenue growth across all business segments. Backed by the strong results, Equifax raised its full-year earnings outlook and provided an encouraging fourth-quarter guidance. For 2015, adjusted earnings per share are now forecast between $4.46 and $4.48, up from $4.38-$4.42. The Zacks Consensus Estimate is pegged at $4.47. Coming to the fourth-quarter outlook, Equifax projects revenues in the range of $655 million to $665 million, while the Zacks Consensus Estimate stands at $663 million. Adjusted earnings per share are forecast between $1.10 and $1.12. The Zacks Consensus Estimate stands at $1.11. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. FISV and TransUnion TRU and a highly leveraged balance sheet are concerns. Equifax currently carries a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report TRANSUNION (TRU): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-12-01,74.3278,75.3209,74.0527,74.9708,"[""Cornerstone OnDemand, ADP Report Expanded Strategic Partnership"", ""Cornerstone OnDemand, ADP Report Expanded Strategic Partnership"", ""Cornerstone OnDemand, ADP Report Expanded Strategic Partnership""]" ADP,2015-12-02,74.7716,75.2597,74.3268,74.4116,"ADP Report: Firmer Tone for Fed Rate Hike Wednesday, December 2, 2015 The major indexes are on track to start today's session essentially flat, with the strong ADP (ADP) jobs reading raising hopes of a similar outcome from the key government jobs report on Friday that would further firm up Fed expectations for an interest rate hike. A major speech by the Fed Chairwoman a little later will likely add to these expectations. This morning's jobs report from payroll processor ADP came in better than expected. This report, which serves as a preview for the all-important monthly non-farm payroll report from the U.S. government's Bureau of Labor Statistics (BLS), showed gains of 217K in November relative to estimates of 183K and the prior month's 196K gain (revised higher by 14K). Estimates for the Friday BLS report, which currently stand at 190K per Bloomberg.com for the 'headline' and 185K for the ADP-comparable private-sector jobs, leaves room for upward revisions to estimates ahead of the release. Today's jobs tally is the 3rd highest of the year - we got 231K in June and 220K in January 2015. As has been the pattern, the gains are concentrated in the service sector of the economy, with manufacturing continuing to struggle due to headwinds in the export markets and weakness in the energy space. In the aggregate, the services sector added 204K in November while goods-producing industries added only 13K. The construction industry had another very strong month, adding 16K positions during the month, while manufacturing rebounded by adding 6K jobs in November after two months of losses. The manufacturing gain largely reflected gains in the auto sector, as the broader factor space remains under pressure as we saw with Tuesday's November ISM survey. The reality of the manufacturing sector is that weak demand abroad and problems in the Energy sector are clouding the outlook for U.S. manufacturers. In terms of business size, large businesses (500 or more employees) added 74K jobs, medium-sized businesses added 62K, while small businesses with fewer than 50 employees in total added 81K jobs. The key angle from which this report needs to be read is the Fed angle, which has lately been indicating its readiness to announce the first rate hike at its next meeting in about two weeks' time. The Chairwoman's speech later today at the Economic Club of Washington will likely provide further confirmation that lift-off is on the way. This outcome has thankfully become less worrisome for market participants, as they have started focusing on the likely slow pace of coming rate hikes. This mood should help stocks maintain their recent positive momentum in the coming days, which has historically been good for the market anyway. Sheraz Mian Director of Research Note: In addition to this daily pre-open article about the market, economy, and the corporate earnings picture, Sheraz Mian also provides detailed earnings analysis in his weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz Mian publishes a new article, please click here . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-12-03,74.457,74.6089,72.7252,73.0004, ADP,2015-12-04,73.1542,74.9531,73.1542,74.8575,"CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for December 07, 2015 CSG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on December 07, 2015. A cash dividend payment of $0.175 per share is scheduled to be paid on December 21, 2015. Shareholders who purchased CSGS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CSGS has paid the same dividend. At the current stock price of $35.21, the dividend yield is 1.99%. The previous trading day's last sale of CSGS was $35.21, representing a -9.37% decrease from the 52 week high of $38.85 and a 48.44% increase over the 52 week low of $23.72. CSGS is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). CSGS's current earnings per share, an indicator of a company's profitability, is $1.55. Zacks Investment Research reports CSGS's forecasted earnings growth in 2015 as 23.03%, compared to an industry average of 10.7%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-12-07,74.5339,74.8081,73.8219,74.1474,"Paychex to Buy Advance Partners, Eyes Temporary Staffing (revised) Paychex Inc. ( PAYX ) appears to be striving to capitalize on the rising opportunities in the temporary staffing industry. In this regard, the payroll and human resource solutions provider entered into a deal to acquire Cleveland, OH-based Advance Partners. The transaction is subject to regulatory approval. According to Paychex, Advance Partners ""offers customizable solutions to the temporary staffing industry, including payroll funding and outsourcing services, which include payroll, invoicing, and tax preparation."" Founded in 1998, Advance's end customers total about 7,500 businesses that are clients of the staffing firms that Advance serves. Citing an industry data report, Paychex said, ""There are more than three million temporary staffing employees in the United States, and approximately 10,000 small and mid-sized staffing businesses that support this employee population."" Therefore, we believe that the acquisition will open new avenues of growth for the company. Martin Mucci, Paychex president and CEO said, ""The staffing outsourcing business is a growing industry that serves many small and mid-sized firms, which is a perfect fit for Paychex. We are excited about Advance Partners joining the Paychex family. And, given Paychex's extensive product suite, financial strength, and access to capital, we can help expand Advance Partners' product offering and accelerate client growth."" He also believes that ""the temporary staffing business is going to continue to grow, due in part to ever-increasing government regulation, including the Affordable Care Act and newly proposed overtime rules. Paychex is uniquely positioned to bring our regulatory expertise to staffing firms."" Paychex currently has roughly 600,000 clients and the buyout will enhance its client base and expand its services. The company's initiatives to boost revenue growth through acquisitions are encouraging. Over the years, the company has completed several acquisitions including SurePayroll and ePlan. The SurePayroll buyout added user-friendly online software-as-a-service (SaaS) payroll solutions specifically targeted at small businesses to Paychex's portfolio and increased market share. With ePlan Services' under its wing, the company now offers better clarity about fee structures to financial advisers as the market transitions to full disclosure models in keeping with consumer and legislative demand. Further, one of the key secular growth drivers of Paychex is the demand for outsourcing. Human Resource Services outsourcing is a large, less-than-half-penetrated market that offers significant cost saving potential. Moreover, the growing regulatory burden on small companies signifies that the need to outsource non-core activities is increasing. The company seeks to capitalize on this opportunity by periodically introducing products and services for upselling to the client base and moving into the mid-market. However, sluggish economic growth and a possible rise in interest rates remain concerns. Moreover, intensifying competition in the outsourcing space from major players like Automated Data Processing Inc. ( ADP ) and Insperity Inc. ( NSP ) may add to trouble. Currently, Paychex carries a Zacks Rank #3 (Hold). A better-ranked stock in the staffing and outsourcing services space is Hudson Global, Inc. ( HSON ), which sports a Zacks Rank #1 (Strong Buy). (We are reissuing this article to correct two inaccuracies. The original article, issued December 4, 2015, should no longer be relied upon.) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report HUDSON GLOBAL (HSON): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-12-08,73.4451,74.2065,73.095,73.9057,"[""Quality Systems, Inc. (QSII) Ex-Dividend Date Scheduled for December 09, 2015 Quality Systems, Inc. ( QSII ) will begin trading ex-dividend on December 09, 2015. A cash dividend payment of $0.175 per share is scheduled to be paid on January 04, 2016. Shareholders who purchased QSII prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 17th quarter that QSII has paid the same dividend. At the current stock price of $15.81, the dividend yield is 4.43%. The previous trading day's last sale of QSII was $15.81, representing a -15.68% decrease from the 52 week high of $18.75 and a 31.75% increase over the 52 week low of $12. QSII is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). QSII's current earnings per share, an indicator of a company's profitability, is $.53. Zacks Investment Research reports QSII's forecasted earnings growth in 2016 as 8.32%, compared to an industry average of 4.1%. For more information on the declaration, record and payment dates, visit the QSII Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for December 09, 2015 Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on December 09, 2015. A cash dividend payment of $0.53 per share is scheduled to be paid on January 01, 2016. Shareholders who purchased ADP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.16% increase over the prior quarter. At the current stock price of $86.6, the dividend yield is 2.45%. The previous trading day's last sale of ADP was $86.6, representing a -4.49% decrease from the 52 week high of $90.67 and a 34.7% increase over the 52 week low of $64.29. ADP is a part of the Technology sector, which includes companies such as Cognizant Technology Solutions Corporation ( CTSH ) and Infosys Limited ( INFY ). ADP's current earnings per share, an indicator of a company's profitability, is $3.16. Zacks Investment Research reports ADP's forecasted earnings growth in 2016 as 12.19%, compared to an industry average of 1.8%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-12-09,73.7884,74.6138,72.7785,73.1838,"Equifax (EFX) Shows Strength: Should You Invest in it Now? Equifax Inc.EFX is moving steadily ahead on the growth trajectory, gathering momentum from positive earnings surprise history and solid fundamentals. Also, shares of Equifax have been trending upward with a positive year-to-date return of over 39%. An impressive track record of surpassing quarterly earnings expectations, an upbeat full-year 2015 earnings outlook, solid cash flow and Equifax's continuous share buybacks and dividend payments remain the growth drivers. Notably, Equifax beat the Zacks Consensus Estimate thrice in the last four quarters with an average positive earnings surprise of 3.27%. The company's third-quarter 2015 results fared better than the Zacks Consensus Estimate as well as the year-ago level. Equifax's revenues of $678.1 million went up 8.8% year over year and exceeded the Zacks Consensus Estimate of $666 million. Similarly, the company's adjusted earnings per share from continuing operations of $1.14 surpassed the Zacks Consensus Estimate of $1.10 and increased 12.9% from the year-ago quarter. Supported by the strong results, the company raised the full-year earnings outlook and issued encouraging fourth-quarter guidance. The regular dividends and share repurchases also keep investors interested in the stock. During the first nine months of 2015, the company paid $103.4 million as dividends and repurchased stocks worth $196.3 million. Apart from this, some of the optimism surrounding the stock may be attributed to Equifax's recent agreement to take over Veda Group Limited, the leading Australian credit information provider. Per the deal, Equifax will buy all the outstanding common stocks of Veda for AUD$2.825 each, higher than its earlier offer of AUD$2.70. If all goes well, this would be Equifax's biggest acquisition, surpassing the $1 billion CSC Credit Services buyout in 2012. Equifax has made strategic acquisitions to supplement its core business. In 2014, the company took over TDX Group and Forseva from which it expects to derive 1% to 2% revenue growth over the long term. Apart from acquisitions, Equifax has remained enthusiastic about forming joint ventures that could expand its business internationally. Joint ventures keep operating costs in check and need no integration time while diversifying the revenue source. To tap the immense growth opportunity in the Brazilian credit data market, Equifax merged the credit reporting operations of its Brazilian subsidiary with Boa Vista Servicos S.A., the second-largest consumer credit bureau in Brazil. The company expects its investments in the joint ventures to yield desired results and record solid long-term growth. Also, the company's strong correlation with the consumer and financial markets as well as its exposure in the U.S. and Europe are likely to propel growth, going ahead. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. FISV , Moody's Corp. MCO and uncertainty in the mortgage sector raise concern. Currently, Equifax has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-12-10,73.2971,74.3485,72.9688,73.6246,"[""Leidos Holdings, Inc. (LDOS) Ex-Dividend Date Scheduled for December 11, 2015 Leidos Holdings, Inc. ( LDOS ) will begin trading ex-dividend on December 11, 2015. A cash dividend payment of $0.32 per share is scheduled to be paid on December 30, 2015. Shareholders who purchased LDOS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that LDOS has paid the same dividend. At the current stock price of $56.47, the dividend yield is 2.27%. The previous trading day's last sale of LDOS was $56.47, representing a -5.12% decrease from the 52 week high of $59.52 and a 49.43% increase over the 52 week low of $37.79. LDOS is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). LDOS's current earnings per share, an indicator of a company's profitability, is $2.31. Zacks Investment Research reports LDOS's forecasted earnings growth in 2015 as 7.34%, compared to an industry average of 3.4%. For more information on the declaration, record and payment dates, visit the LDOS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mentor Graphics Corporation (MENT) Ex-Dividend Date Scheduled for December 11, 2015 Mentor Graphics Corporation ( MENT ) will begin trading ex-dividend on December 11, 2015. A cash dividend payment of $0.055 per share is scheduled to be paid on January 04, 2016. Shareholders who purchased MENT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MENT has paid the same dividend. At the current stock price of $17.44, the dividend yield is 1.26%. The previous trading day's last sale of MENT was $17.44, representing a -37.91% decrease from the 52 week high of $28.09 and a 1.87% increase over the 52 week low of $17.12. MENT is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). MENT's current earnings per share, an indicator of a company's profitability, is $1.26. Zacks Investment Research reports MENT's forecasted earnings growth in 2016 as -59.57%, compared to an industry average of -10.8%. For more information on the declaration, record and payment dates, visit the MENT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-12-11,72.6128,73.1494,71.6256,71.7874, ADP,2015-12-14,72.0753,72.9945,71.7113,72.8839, ADP,2015-12-15,73.4965,74.1493,73.1494,73.6325, ADP,2015-12-16,74.1395,74.3969,72.9945,74.2618, ADP,2015-12-17,74.3396,74.7154,73.0201,73.0636,"[""Sterne Agee CRT Earlier Initiated Coverage on 16 Payment/Payroll/IT Stocks"", ""Sterne Agee CRT Earlier Initiated Coverage on 16 Payment/Payroll/IT Stocks"", ""USMV, T, PAYX, ADP: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI USA Minimum Volatility ETF (Symbol: USMV) where we have detected an approximate $224.7 million dollar inflow -- that's a 3.3% increase week over week in outstanding units (from 162,700,000 to 168,000,000). Among the largest underlying components of USMV, in trading today AT&T Inc (Symbol: T) is off about 0.3%, Paychex Inc (Symbol: PAYX) is up about 0.3%, and Automatic Data Processing Inc. (Symbol: ADP) is higher by about 0.3%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $26.41 per share, with $42.72 as the 52 week high point - that compares with a last trade of $42.24. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Fed Finally Hikes Rate: Top 5 Winners The Federal Reserve raised its key interest rate for the first time in nearly a decade. This assured investors that the U.S. economy is resilient enough to bear the future increase in borrowing costs. However, the hike in the federal funds rate was subdued since the Fed emphasized a gradual path of rate increases. Nevertheless, the highly anticipated move indicated the Fed's confidence in the U.S. economy and extended benchmarks gains for the third straight session on Wednesday. Yesterday's rally was also a reprieve for investors as they navigated sharp swings in oil prices and the junk-bond market. Overall, Wednesday's gains were broad based, with 11 out of the 12 sectors of the S&P 500 ending in the green. Fed's Confidence in the U.S. Economy The Fed increased its short-term borrowing rate to a range of 0.25% to 0.50% as policy makers unanimously voted in favor of a rate hike. This raise in the benchmark rate for the first time in almost a decade ended what Fed Chairwoman Janet Yellen called an \""extraordinary period.\"" During this period, ultra-low interest rates aided economic recovery, lending a bull run to the markets. The Fed believes that the U.S. economy will continue to do well and a slight increase in rate is appropriate. In Yellen's own words, \""the Fed's decision today reflects our confidence in the U.S. economy.\"" Aside from pointing to the Fed's firm faith in the labor market improvement, the move also indicates \""solid\"" consumer spending, a rebound in the housing market and strong business fixed investment. Separately, the policymakers forecast the rate to crawl up to 1.375% by the end of 2016. However, to soften the blow to an end of easy money, the Fed stressed that the pace of a rate hike will be \""gradual\"" in nature. Upbeat Labor Market The U.S. economy created a total of 211,000 jobs in November, beating the consensus estimate of 199,000. Moreover, October's job numbers were revised up from last month's reported figure of 271,000 to 298,000. Hiring was also broad based in November, with the energy sector being the lone exception. November's job gains have pushed up the average monthly jobs growth to 210,000 so far this year. Separately, private sector employers added 217,000 jobs in November, higher than analysts' expectations of 192,000 job additions, according to Automatic Data Processing, Inc. ADP . Mark Zandi, who prepares the report using ADP's data, said that \""job growth remains strong and steady.\"" Moreover, the unemployment rate remained unchanged at 5% in November since a sizeable number of people began searching for work. The average hourly earnings gained 2.3% year on year in November and increased 2.6% from January through November, registering its strongest cumulative growth since 2009. Positive GDP Report Meanwhile, the Fed's statement that the economy is recovering at a \""moderate pace\"" is in sync with the slight improvement witnessed in the third quarter. The U.S. Department of Commerce reported in its \""second\"" estimate that the economy grew at a pace of 2.1% in the third quarter, compared to earlier projected growth rate of 1.5%. Also, the third-quarter growth rate came in higher than the consensus estimate of 2% growth. An upward revision in business inventories emerged as the main reason for the expansion in the quarter. Business inventories were revised upward from $56.8 billion reported in \""advance\"" estimate to $90.2 billion. Further, positive contribution from personal consumption expenditures, nonresidential fixed investment, state and local government spending, residential fixed investment and exports added to economic growth. 5 Biggest Winners from Fed Rate Hike The Dow Jones Industrial Average (DJI) rallied on the back of the historic Fed rate hike. The Dow gained 224.18 points or 1.3% to close at 17,749.09 on Wednesday. Additionally, the Standard & Poor's 500 advanced 1.5% to close at 2,073.07, while the tech-laden Nasdaq Composite Index closed at 5,071.13, increasing 0.4%. Defensive stocks including utility stocks rallied the most in nine months on Wednesday, banking on the Fed's signal that the rate hike was a tentative beginning to a \""gradual\"" tightening cycle. Moreover, the Fed's move to raise rates was widely telegraphed and most of its response has been priced in. Other defensive stocks including consumer staples and discretionary stocks gained since a rate hike indicates that the economy is improving, which should ideally boost consumer spending. Additionally, banks and non-banking financial institutions including insurance companies, asset managers and brokerage firms benefited from the rate hike. Banks gain from a steep yield curve, while insurance firms must match up assets with their liabilities, so higher rates mean more investment income. Meanwhile, shares of five companies from the services, financial, electric utilities and diversified utilities sectors turned out to be the biggest gainers on Wednesday, boosted by the liftoff. These companies were Townsquare Media, Inc. TSQ , Resource Capital Corp. RSO , NRG Yield, Inc. NYLD , Pattern Energy Group Inc. PEGI and Swift Transportation Company SWFT , which soared 13.9%, 12.5%, 12.2%, 11.9% and 11.6%, respectively. Semiconductor stocks were also among the gainers on Wednesday. However, these stocks got a boost from the Tax-Credit extension. Shares of SolarCity Corp. SCTY and Sunrun Inc. RUN skyrocketed 34.1% and 22.6%, respectively. Separately, biotech firms also surged after the FDA lifted trail restrictions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report RESOURCE CAPITL (RSO): Free Stock Analysis Report SOLARCITY CORP (SCTY): Free Stock Analysis Report SWIFT TRANSPORT (SWFT): Free Stock Analysis Report PATTERN ENERGY (PEGI): Free Stock Analysis Report TOWNSQAR MEDIA (TSQ): Free Stock Analysis Report SUNRUN INC (RUN): Free Stock Analysis Report NRG YIELD INC-C (NYLD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Sterne Agee CRT Earlier Initiated Coverage on 16 Payment/Payroll/IT Stocks""]" ADP,2015-12-18,72.4797,72.952,71.6838,71.746,"[""Paychex (PAYX) to Report Earnings in Q2: What's in Store? Paychex Inc.PAYX is set to report second-quarter fiscal 2016 results on Dec 22. Last quarter, the payroll and human resource solutions provider posted a positive earnings surprise of 1.96%. It is worth noting that the company has outperformed the Zacks Consensus Estimate in two out of the four preceding quarters with an average positive earnings surprise of 1.03%. Let us see how things are shaping up for this announcement. Factors at Play We are encouraged by Paychex's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives, such as joint ventures and acquisitions, support its long-term growth strategy. Product launches are expected to provide additional support. Moreover, Paychex's focus on small- and mid-sized businesses looking for HR solutions could provide growth opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity remain the headwinds. Earnings Whispers Our proven model does not conclusively show that Paychex will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at 51 cents. Hence, the difference is 0.00%. Zacks Rank: Paychex's Zacks Rank #3 when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Stocks to Consider Here are a couple of companies, which you may consider as our model shows that they have the right combination of elements to post an earnings beat in their upcoming releases: Carnival Corporation CCL , with an Earnings ESP of +12.20% and a Zacks Rank #3. NIKE Inc. NKE , with an Earnings ESP of +2.35% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report CARNIVAL CORP (CCL): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Computer Task Group, Incorporated (CTG) Ex-Dividend Date Scheduled for December 21, 2015 Computer Task Group, Incorporated ( CTG ) will begin trading ex-dividend on December 21, 2015. A cash dividend payment of $0.06 per share is scheduled to be paid on January 06, 2016. Shareholders who purchased CTG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that CTG has paid the same dividend. At the current stock price of $6.73, the dividend yield is 3.57%. The previous trading day's last sale of CTG was $6.73, representing a -31.68% decrease from the 52 week high of $9.85 and a 10.15% increase over the 52 week low of $6.11. CTG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). CTG's current earnings per share, an indicator of a company's profitability, is $.32. Zacks Investment Research reports CTG's forecasted earnings growth in 2015 as -42.86%, compared to an industry average of 2.7%. For more information on the declaration, record and payment dates, visit the CTG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-12-21,72.2025,72.53,71.746,72.4876,"Convergys Corporation (CVG) Ex-Dividend Date Scheduled for December 22, 2015 Convergys Corporation ( CVG ) will begin trading ex-dividend on December 22, 2015. A cash dividend payment of $0.08 per share is scheduled to be paid on January 08, 2016. Shareholders who purchased CVG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CVG has paid the same dividend. At the current stock price of $25.18, the dividend yield is 1.27%. The previous trading day's last sale of CVG was $25.18, representing a -5.32% decrease from the 52 week high of $26.60 and a 33.86% increase over the 52 week low of $18.81. CVG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). CVG's current earnings per share, an indicator of a company's profitability, is $1.67. Zacks Investment Research reports CVG's forecasted earnings growth in 2015 as 7.5%, compared to an industry average of 1.9%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-12-22,73.0201,73.4244,72.0753,73.108,"Paychex (PAYX) Beats Q2 Earnings, Reiterates FY16 Outlook Paychex Inc.PAYX reported mixed results for second-quarter fiscal 2016 wherein the bottom line beat the Zacks Consensus Estimate but top line missed the same. Nevertheless, the company marked year-over-year improvement on both the counts. Earnings of 52 cents per share surpassed the Zacks Consensus Estimate by a penny and jumped 10.6% from the year-ago quarter mainly backed by higher revenues. Paychex Inc. (PAYX) EPS BNRI & Surprise Percent - Last 5 Quarters | FindTheCompany Quarter Details Paychex reported total revenue (including Interest on funds held for clients) of $722.million, up 7% year over year. However, it missed the Zacks Consensus Estimate of $724 million. Excluding interest on funds held for clients, total services revenue (Payroll service and Human Resource Services) grew 7% year over year to $711.3 million. Payroll Service segment revenues went up 4% from the year-ago period to $427.4 million, primarily on the back of higher revenue per check and client base. Human Resource Services segment revenues rose 11% year over year to $283.9 million mainly driven by solid growth in client base and worksite employees, increased revenues from retirement and online HR administration services. Interest on funds held for clients increased 8% on a year-over-year basis to $11.1 million primarily benefiting from a 1% rise in average investment balances backed by growth in client base. Paychex's total expenses increased 5% from the year-ago figure to $428.2 million due to 6% rise in compensation-related expenditure. However, total expenses, as a percentage of total revenue, decreased 70 basis points (bps) to 59.3%. Consequently, Paychex's operating margin expanded 70 bps to 40.7%. Moreover, in dollar terms, reported operating income increased 9% year over year to $294.2 million. Excluding interest on funds held for clients, Paychex's operating income came in at $283.1 million or 39.8% of total services revenue compared with $259.8 million or 39% a year ago. Net income came in at $189.2 million or 52 cents, up from $173 million or 47 cents reported last year. Balance Sheet & Cash Flow Paychex exited the second quarter with cash, cash equivalents and corporate investments of $476.4 million compared with $537.7 million at the end of the previous quarter. The company has no long-term debt. The company generated operating cash flow of $419.9 million in the first half of fiscal 2016. During the first six months of fiscal 2016, Paychex repurchased approximately $62.9 million common stocks and paid $303.6 million as dividend. Guidance Paychex reiterated the fiscal 2016 outlook. Management continues to expect 4-5% year-over-year increase in Payroll Service revenues. Human Resource Services revenues are expected to grow in the range of 10-13%. Total service revenue is likely to increase 7-8%. Interest on funds held for clients and investment income are expected to remain flat. Net income is likely to be within 8-9%. Our Take Paychex reported mixed second-quarter results with earnings beating the Zacks Consensus Estimate but revenues missing the same. Nonetheless, the company reiterated the optimistic fiscal 2016 guidance, signifying that it is relatively well-placed despite the current macroeconomic sluggishness. Moreover, we are encouraged by Paychex's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives, such as joint ventures and acquisitions, support its long-term growth strategy. Product launches are expected to be the added growth drivers. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide growth opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity NSP remain the headwinds. Currently, Paychex has a Zacks Rank #3 (Hold). A better-ranked stock worth considering in the outsourcing industry is Genpact Limited G carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PAYCHEX INC (PAYX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report GENPACT LTD (G): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-12-23,73.5606,74.0537,73.108,73.8574,"Paychex (PAYX) Completes Advance Partners Acquisition Paychex Inc.PAYX recently completed the acquisition of Advanced Partners within a month of entering into the deal. However, the financial terms of the merger, signed on Dec 2, have not been disclosed. According to Paychex, Advance Partners ""offers customizable solutions to the temporary staffing industry, including payroll funding and outsourcing services, which include payroll, invoicing, and tax preparation."" Founded in 1998, Advance's end customers total about 7,500 businesses that are clients of the staffing firms that Advance serves. Therefore, the acquisition will enable Paychex to capitalize on the rising opportunities in the temporary staffing industry. Citing an industry data report, Paychex stated, ""There are more than three million temporary staffing employees in the United States, and approximately 10,000 small and mid-sized staffing businesses that support this employee population."" Therefore, the acquisition will open new avenues of growth for the company, in our view. Martin Mucci, Paychex president and CEO said, ""The staffing outsourcing business is a growing industry that serves many small and mid-sized firms, which is a perfect fit for Paychex. We are excited about Advance Partners joining the Paychex family. And, given Paychex's extensive product suite, financial strength, and access to capital, we can help expand Advance Partners' product offering and accelerate client growth."" He also believes that ""the temporary staffing business is going to continue to grow, due in part to ever-increasing government regulation, including the Affordable Care Act and newly proposed overtime rules. Paychex is uniquely positioned to bring our regulatory expertise to staffing firms."" The buyout will enhance Paychex's roughly 600,000-strong client base apart from expanding its services. The company's initiatives to boost revenue growth through acquisitions are encouraging. Some of the notable ones completed over the years include SurePayroll and ePlan. The SurePayroll buyout added user-friendly online software-as-a-service (SaaS) payroll solutions specifically targeted at small businesses to Paychex's portfolio and increased market share. With ePlan Services' under its wing, the company now offers better clarity about fee structures to financial advisers as the market shifts toward full disclosure models in keeping with consumer and legislative demand. Further, one of the key secular growth drivers of Paychex is the demand for outsourcing. Human Resource Services outsourcing is a large, less-than-half-penetrated market that offers significant cost-cutting potential. Moreover, the growing regulatory burden on small companies signifies that the need to outsource non-core activities is increasing. The company seeks to capitalize on this opportunity by introducing products and services regularly for upselling to the client base and moving into the mid-market. However, sluggish economic growth and a possible rise in interest rates remain concerns. Moreover, intensifying competition in the outsourcing space from major players like Automated Data Processing Inc. ADP and Insperity Inc. NSP may add to trouble. Currently, Paychex carries a Zacks Rank #3 (Hold). A better-ranked stock in the staffing and outsourcing services space is Hudson Global, Inc. HSON sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report HUDSON GLOBAL (HSON): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-12-24,74.0191,74.3643,73.7982,74.0378, ADP,2015-12-28,73.6168,74.0191,73.245,73.8731,"[""Amdocs Limited (DOX) Ex-Dividend Date Scheduled for December 29, 2015 Amdocs Limited ( DOX ) will begin trading ex-dividend on December 29, 2015. A cash dividend payment of $0.17 per share is scheduled to be paid on January 15, 2016. Shareholders who purchased DOX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DOX has paid the same dividend. At the current stock price of $56.01, the dividend yield is 1.21%. The previous trading day's last sale of DOX was $56.01, representing a -8.87% decrease from the 52 week high of $61.46 and a 22.43% increase over the 52 week low of $45.75. DOX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). DOX's current earnings per share, an indicator of a company's profitability, is $2.85. Zacks Investment Research reports DOX's forecasted earnings growth in 2016 as 5.99%, compared to an industry average of 2.7%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: Market Vectors Israel ETF ( ISRA ) PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an decrease of -3.01% over the last 100 days. ISRA has the highest percent weighting of DOX at 5.22%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for December 29, 2015 Pegasystems Inc. ( PEGA ) will begin trading ex-dividend on December 29, 2015. A cash dividend payment of $0.03 per share is scheduled to be paid on January 15, 2016. Shareholders who purchased PEGA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that PEGA has paid the same dividend. At the current stock price of $28.1, the dividend yield is .43%. The previous trading day's last sale of PEGA was $28.1, representing a -7.05% decrease from the 52 week high of $30.23 and a 46.35% increase over the 52 week low of $19.20. PEGA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). PEGA's current earnings per share, an indicator of a company's profitability, is $.46. Zacks Investment Research reports PEGA's forecasted earnings growth in 2015 as -10.34%, compared to an industry average of 7.2%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEGA through an Exchange Traded Fund [ETF]? The following ETF(s) have PEGA as a top-10 holding: iShares Enhanced U.S. Small-Cap ( IESM ). The top-performing ETF of this group is IESM with an decrease of -4.75% over the last 100 days. It also has the highest percent weighting of PEGA at 1.84%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2015-12-29,74.5211,75.1651,74.4679,74.8131,"Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for December 30, 2015 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on December 30, 2015. A cash dividend payment of $0.1 per share is scheduled to be paid on January 22, 2016. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that TYPE has paid the same dividend. At the current stock price of $24.23, the dividend yield is 1.65%. The previous trading day's last sale of TYPE was $24.23, representing a -29.6% decrease from the 52 week high of $34.42 and a 16.27% increase over the 52 week low of $20.84. TYPE is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). TYPE's current earnings per share, an indicator of a company's profitability, is $.76. Zacks Investment Research reports TYPE's forecasted earnings growth in 2015 as -9.69%, compared to an industry average of 6.8%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2015-12-30,74.7242,75.0349,74.3722,74.4146,"[""iShares MSCI USA Minimum Volatility ETF Experiences Big Inflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI USA Minimum Volatility ETF (Symbol: USMV) where we have detected an approximate $71.5 million dollar inflow -- that's a 1.0% increase week over week in outstanding units (from 167,800,000 to 169,500,000). Among the largest underlying components of USMV, in trading today Paychex Inc (Symbol: PAYX) is off about 0.3%, Automatic Data Processing Inc. (Symbol: ADP) is down about 0.1%, and General Mills, Inc. (Symbol: GIS) is lower by about 0.2%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $26.41 per share, with $42.72 as the 52 week high point - that compares with a last trade of $42.36. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSRA Inc. (CSRA) Ex-Dividend Date Scheduled for December 31, 2015 CSRA Inc. ( CSRA ) will begin trading ex-dividend on December 31, 2015. A cash dividend payment of $0.1 per share is scheduled to be paid on January 26, 2016. Shareholders who purchased CSRA prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $29.59, the dividend yield is .34%. The previous trading day's last sale of CSRA was $29.59, representing a -11.51% decrease from the 52 week high of $33.44 and a 12.68% increase over the 52 week low of $26.26. CSRA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). For more information on the declaration, record and payment dates, visit the CSRA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex (PAYX) Trending Up: Time to Add to Your Portfolio? Paychex Inc.PAYX is well set on the growth trajectory, gathering momentum from its positive earnings surprise history and strong fundamentals. Also, shares of Paychex have been trending upward, yielding a positive one-year and year-to-date return. An impressive track record of better-than-expected quarterly earnings, solid cash flows and its policy of regularly returning cash to shareholders are driving Paychex's positive share movement. Paychex's second quarter fiscal 2016 earnings of 52 cents per share surpassed the Zacks Consensus Estimate by a penny and jumped 10.6% from the year-ago quarter mainly backed by higher revenues Paychex reported total revenue (including Interest on funds held for clients) of $722.million, up 7% year over year. Excluding interest on funds held for clients, total services revenue (Payroll service and Human Resource Services) grew 7% year over year to $711.3 million. Paychex exited the second quarter with cash, cash equivalents and corporate investments of $476.4 million compared with $537.7 million at the end of the previous quarter. The company has no long-term debt. The company generated operating cash flow of $419.9 million in the first half of fiscal 2016. This enables the company to pursue strategic acquisitions and invest in growth initiatives. During the first six months of fiscal 2016, Paychex repurchased approximately $62.9 million of common stock and paid $303.6 million as dividend. Share repurchases are a good way of returning cash to investors while boosting the company's earnings. It is worth mentioning that Paychex recently completed the acquisition of Advanced Partners within a month of entering into the deal. According to Paychex, Advance Partners \""offers customizable solutions to the temporary staffing industry, including payroll funding and outsourcing services, which include payroll, invoicing, and tax preparation.\"" Therefore, the acquisition will enable Paychex to capitalize on the rising opportunities in the temporary staffing industry. Going forward, we are encouraged by Paychex's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives, such as joint ventures and acquisitions, support its long-term growth strategy. Product launches are expected to be the added growth drivers. Moreover, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide growth opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity NSP remain headwinds. Paychex has a Zacks Rank #2 (Buy). A better-ranked stock is VASCO Data Security International Inc. VDSI , sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report VASCO DATA SEC (VDSI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Equifax (EFX) Shares Hit a 52-Week High on Solid Momentum Shares of Equifax Inc.EFX hit a new 52-week high of $114.46 on Dec 29. The stock closed at $113.61, representing a year-to-date return of 41.3%. The average trading volume for the last three months aggregated approximately 635K. An impressive track record of surpassing quarterly earnings expectations, an upbeat full-year 2015 earnings outlook, solid cash flow and continuous share buybacks and dividend payments continue to drive Equifax. Notably, Equifax beat the Zacks Consensus Estimate thrice in the last four quarters with an average positive earnings surprise of 3.27%. In third-quarter 2015, Equifax's revenues of $678.1 million went up 8.8% year over year and exceeded the Zacks Consensus Estimate of $666 million. Similarly, adjusted earnings per share from continuing operations of $1.14 surpassed the Zacks Consensus Estimate of $1.10 and jumped 12.9% from the year-ago quarter. Supported by the strong results, the company raised the full-year earnings outlook and issued encouraging fourth-quarter guidance. The regular dividends and share repurchases also keep investors interested in the stock. During the first nine months of 2015, the company paid $103.4 million as dividends and repurchased stocks worth $196.3 million. Apart from this, some of the optimism surrounding the stock may be attributed to Equifax's recent agreement to take over Veda Group Limited, the leading Australian credit information provider. Per the deal, Equifax will buy all the outstanding common stocks of Veda for AUD$2.825 each, higher than its earlier offer of AUD$2.70. If all goes well, this would be Equifax's biggest acquisition, surpassing the $1 billion CSC Credit Services buyout in 2012. Equifax has made strategic buyouts to supplement its core business. It expects to derive 1% to 2% revenue growth over the long term from TDX Group and Forseva acquired in 2014. Apart from acquisitions, Equifax is enthusiastic about joint ventures (JVs) to facilitate international expansion. JVs keep operating costs in check and need no integration time while diversifying the revenue source. To tap the immense growth opportunity in the Brazilian credit data market, Equifax merged the credit reporting operations of its Brazilian subsidiary with Boa Vista Servicos S.A., the second-largest consumer credit bureau in the country. The company expects its investments in the JVs to boost long-term growth. Also, the company's strong correlation with the consumer and financial markets as well as its exposure in the U.S. and Europe are likely to propel growth. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. FISV , Moody's Corp. MCO and uncertainty in the mortgage sector raise concern. Currently, Equifax has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Five Computer-Services Picks for 2016 Sabre, MasterCard, Fidelity National, Euronet and Broadridge all offer double-digit-percentage upside.""]" ADP,2015-12-31,73.8988,74.3791,72.8376,72.9846, ADP,2016-01-04,71.4451,71.666,69.9954,70.7015, ADP,2016-01-05,71.2113,71.6838,70.4816,70.8761, ADP,2016-01-06,69.8484,70.3948,69.6779,70.0052,"ADP Report Buried Under China, N. Korea News Wednesday, January 6, 2016 The strong U.S. jobs report has been buried under unsettling headlines regarding a North Korean nuclear test, continued China fears and fresh weakness in oil. The major indexes are on track for big losses at the open, which will follow the lead from the European and Asian markets. On tap for release a later is minutes of the Fed's last meeting and the service sector ISM survey. This morning's jobs report from payroll processor ADP ( ADP ) came in better than expected. This report, which serves as a preview for the all-important monthly non-farm payroll report from the U.S. government's Bureau of Labor Statistics, showed gains of 257K in December relative to estimates of 190K and the prior month's 211K gain (revised lower by 6K). Estimates for the Friday BLS report, which currently stand at 200K per Bloomberg.com for the 'headline' and 193K for the ADP-comparable private-sector jobs, leaves room for upward revisions to estimates ahead of the release. Today's jobs tally is the highest of the year for the ADP series - the 231K in June was the prior top for the year. This represents an acceleration in jobs gains in each of the last three months, which runs counter to other recent economic indicators that are showing some loss of momentum in the economy's fundamentals. The recent run of soft(ish) economic readings has been prompting economists to trim to their GDP estimates for the last quarter of the year, with the Atlanta Fed's real-time GDP tracker currently putting Q4 growth at only +0.7%. This shows a disconnect between readings about the labor market and other indicators of economic health. Today's ADP shows very broad-based gains, with even the goods-producing sector adding to job gains, contrary to what we saw in the manufacturing ISM survey. This apparent divergence between labor market and other economic readings can't las long - either the jobs momentum is spurious or other data has to pick up. The service sector ISM survey coming out later today and Friday's government jobs report will help provide some clues in resolving this issue. This is no mere academic exercise, either - it has direct Fed implications. On the Fed front, we will get minutes of the Fed's December meeting when they finally came through with the long anticipated rate hike. Janet Yellen and other Fed officials have been consistent in saying that they plan to be 'gradual' in future rate increases. But we have no clarity on what 'gradual' means - the FOMC 'dot plot' shows four rate hikes this year, while the market thinks no more than two. The hope is that minutes of the FOMC meeting will help us get a handle on understanding 'gradual.' The New Year has turned out be very eventful for the market, with renewed China fears adding to fresh geopolitical uncertainties from the Middle East and now North Korea. The Fed issue has assumed even greater significance given this unsettled macro and weak corporate earnings backdrop. With the Q4 earnings season taking spotlight following Monday's Alcoa ( AA ) report, stocks aren't expected to get a break in the New Year. Sheraz Mian Director of Research Note: In addition to this daily pre-open article about the market, economy, and the corporate earnings picture, Sheraz Mian also provides detailed earnings analysis in his weekly Earnings Trends reports. If you want an email notification each time Sheraz Mian publishes a new article, please click here . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report ALCOA INC (AA): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-01-07,68.6078,69.2212,67.595,67.8701,"Notable ETF Inflow Detected - USMV, PSA, PAYX, ADP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI USA Minimum Volatility ETF (Symbol: USMV) where we have detected an approximate $140.4 million dollar inflow -- that's a 2.0% increase week over week in outstanding units (from 169,500,000 to 172,900,000). Among the largest underlying components of USMV, in trading today Public Storage (Symbol: PSA) is off about 0.3%, Paychex Inc (Symbol: PAYX) is off about 4.2%, and Automatic Data Processing Inc. (Symbol: ADP) is lower by about 2.1%. For a complete list of holdings, visit the USMV Holdings page » The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $26.41 per share, with $42.72 as the 52 week high point - that compares with a last trade of $40.90. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-01-08,67.9964,68.2725,67.0249,67.308,"China ‘Guides' Higher, Strong Jobs Report Friday, January 8, 2016 Stocks are showing signs of stability to potentially end this highly volatile first week of the New Year on a positive note. This is all because of positive stock market action out of China, where the authorities finally got rid of the circuit breakers and 'guided' the currency higher. The absence of spooky headlines out of China is helping us focus on the very strong jobs data on the home front, with the December non-farm payroll reading coming in better than expected at 292K vs. estimates of 211K and 252K in November (revised higher from the originally reported 211K read). The unemployment rate remained unchanged at 5%, but appears headed towards carrying a 4-handle next month. Importantly, revisions for the last two months' numbers were positive, with November revised up +252K (from +211) and October revised up for the second time to +307K (from +298K). The participation didn't change much while average hourly earnings increased a strong +2.5% year over year. Today's report and the associated revisions to the last two months of data coupled with the wage numbers show a notable acceleration in the labor market. This confirms the trend we saw in Wednesday's ADP ( ADP ) jobs report, which we pointed out ran counter to other recent economic readings that show a loss of momentum lately in the economy's growth momentum. As a result of weak recent economic readings, estimates for Q4 GDP have lately been coming down, with the Atlanta Fed's real-time GDP tracker falling below the +1% growth pace recently. This apparent divergence in economic data is not sustainable, either the labor market has to lose its mojo or the economy's vitals have to start showing more strength in the coming days. The resolution of this issue has direct Fed implications, as an economic trajectory along the lines of today's BLS jobs report and Wednesday's ADP survey will imply the Fed acting on their dot-plot plan of four rate increases this year, which the market isn't pricing at this stage. We have to keep in mind that the Fed is very mindful of the international backdrop; they simply can't ignore this week's China-centric uncertainty. They know that China is no Greece - it's the second largest economy in the world and has a bearing on the global and U.S. economies through a variety of channels, the most obvious being the impact on investor confidence and financial conditions. The big takeaway from this week's market action is that stocks remain precariously placed and need unambiguous stimuli to push them. The start of the Q4 earnings season next week is unlikely to be helpful in that regard. Sheraz Mian Director of Research Note: In addition to this daily pre-open article about the market, economy, and the corporate earnings picture, Sheraz Mian also provides detailed earnings analysis in his weekly Earnings Trends reports. If you want an email notification each time Sheraz Mian publishes a new article, please click here . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-01-11,67.584,68.0851,66.945,67.6364, ADP,2016-01-12,67.9381,68.4894,67.5703,68.4618,"SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) Ex-Dividend Date Scheduled for January 13, 2016 SCIENCE APPLICATIONS INTERNATIONAL CORPORATION ( SAIC ) will begin trading ex-dividend on January 13, 2016. A cash dividend payment of $0.31 per share is scheduled to be paid on January 29, 2016. Shareholders who purchased SAIC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that SAIC has paid the same dividend. The previous trading day's last sale of SAIC was $44.15, representing a -21.15% decrease from the 52 week high of $55.99 and a 12.4% increase over the 52 week low of $39.28. SAIC is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). SAIC's current earnings per share, an indicator of a company's profitability, is $2.62. Zacks Investment Research reports SAIC's forecasted earnings growth in 2016 as -5.22%, compared to an industry average of 3.3%. For more information on the declaration, record and payment dates, visit the SAIC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-01-13,68.3514,68.7479,66.4371,66.6255, ADP,2016-01-14,66.8523,68.4983,66.7656,68.0496,"Formula Systems (1985) Ltd. (FORTY) Ex-Dividend Date Scheduled for January 15, 2016 Formula Systems (1985) Ltd. ( FORTY ) will begin trading ex-dividend on January 15, 2016. A cash dividend payment of $0.34 per share is scheduled to be paid on February 11, 2016. Shareholders who purchased FORTY prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -36.45% decrease from the same period a year ago. The previous trading day's last sale of FORTY was $26.23, representing a -26.4% decrease from the 52 week high of $35.64 and a 28.14% increase over the 52 week low of $20.47. FORTY is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). FORTY's current earnings per share, an indicator of a company's profitability, is $1.59. For more information on the declaration, record and payment dates, visit the FORTY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-01-15,66.1965,67.5426,66.0338,67.1274, ADP,2016-01-19,67.9865,68.454,67.4184,68.1522,"[""Daily Dividend Report: LNT, EPR, ADP, SJM, AA, GT, NRG Alliant Energy Corporation ( LNT ) announced that quarterly dividends on common stock were declared by the Board of Directors. The quarterly common stock dividend is $0.5875 per share payable on February 12, 2016, to shareowners of record on close of business January 29, 2016. EPR Properties ( EPR ) has declared its monthly cash dividend to common shareholders. The dividend of $0.32 per common share is payable February 15, 2016 to shareholders of record on January 29, 2016. This dividend represents an annualized dividend of $3.84 per common share, an increase of 5.8% over prior year and the Company's sixth consecutive year with an annual dividend increase. Automatic Data Processing ( ADP ) has declared a regular quarterly dividend of 53 cents per share payable April 1, 2016 to shareholders of record on March 11, 2016. The J. M. Smucker Company ( SJM ) has declared a $0.67 per share dividend on the common shares of the Company to be paid on Tuesday, March 1, 2016, to shareholders of record at the close of business on Friday, February 12, 2016. Alcoa ( AA ) declared a quarterly common stock dividend of 3 cents per share payable February 25, 2016 to holders of record of the common stock at the close of business on February 5, 2016. Goodyear Tire & Rubber Company (GT) has declared a quarterly dividend of 7 cents per share of common stock. The dividend is payable March 1, 2016, to shareholders of record on February 1, 2016. The payout represents an annual rate of 28 cents per share. NRG Energy (NRG) declared a quarterly dividend on the Company's common stock of $0.145 per share, or $0.58 per share on an annualized basis. The dividend is payable on February 16, 2016 to stockholders of record as of February 1, 2016. VIDEO: Daily Dividend Report: LNT, EPR, ADP, SJM, AA, GT, NRG The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""How to emerge from a \u2018death spiral\u2019 in stocks \u2018High quality\u2019 only real play for those wanting to stay in stocks As stocks give up their early session gains Tuesday and continue searching for a bottom, strategists are reminding investors that a big correction was overdue in the current bull market and that high quality is key for those who want to stay in equities.""]" ADP,2016-01-20,67.2734,68.0949,66.2507,67.3859, ADP,2016-01-21,67.7902,68.9036,66.9993,68.2725, ADP,2016-01-22,69.6354,69.9381,68.7596,69.8741,"Wipro Limited (WIT) Ex-Dividend Date Scheduled for January 25, 2016 Wipro Limited ( WIT ) will begin trading ex-dividend on January 25, 2016. A cash dividend payment of $0.073913 per share Shareholders who purchased WIT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -32.41% decrease from the prior quarter. The previous trading day's last sale of WIT was $11.31, representing a -20.24% decrease from the 52 week high of $14.18 and a 4.63% increase over the 52 week low of $10.81. WIT is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). WIT's current earnings per share, an indicator of a company's profitability, is $.57. Zacks Investment Research reports WIT's forecasted earnings growth in 2016 as 1.34%, compared to an industry average of 9.2%. For more information on the declaration, record and payment dates, visit the WIT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-01-25,69.238,69.7922,68.9126,68.9964, ADP,2016-01-26,68.9964,70.1669,68.9638,69.6847, ADP,2016-01-27,69.7637,70.4964,68.8248,69.3355, ADP,2016-01-28,69.7834,70.2301,69.3445,69.5634, ADP,2016-01-29,70.2301,71.6088,69.9284,71.522, ADP,2016-02-01,69.5398,71.8663,69.3849,71.4777,"[""UBS Upgrades Automatic Data Processing to Buy, Maintains $151.00 PT"", ""Benzinga's Top Upgrades"", ""Benzinga's Top Upgrades"", ""UBS Upgrades Automatic Data Processing to Buy, Maintains $151.00 PT"", ""Benzinga's Top Upgrades"", ""UBS Upgrades Automatic Data Processing to Buy, Maintains $151.00 PT""]" ADP,2016-02-02,71.2716,71.4599,70.3849,70.7913,"[""Pre-Market Earnings Report for February 3, 2016 : MRK, CMCSA, MDLZ, GM, SO, ADP, ALXN, BDX, EXC, ETN, MPC, BEN The following companies are expected to report earnings prior to market open on 02/03/2016. Visit our Earnings Calendar for a full list of expected earnings releases. Merck & Company, Inc. ( MRK ) is reporting for the quarter ending December 31, 2015. The large cap pharmaceutical company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.91. This value represents a 4.60% increase compared to the same quarter last year. In the past year MRK has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 5.49%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MRK is 14.22 vs. an industry ratio of 58.90. Comcast Corporation ( CMCSA ) is reporting for the quarter ending December 31, 2015. The cable tv company's consensus earnings per share forecast from the 19 analysts that follow the stock is $0.82. This value represents a 6.49% increase compared to the same quarter last year. In the past year CMCSA has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2015 Price to Earnings ratio for CMCSA is 17.12 vs. an industry ratio of -98.90, implying that they will have a higher earnings growth than their competitors in the same industry. Mondelez International, Inc. ( MDLZ ) is reporting for the quarter ending December 31, 2015. The food company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.49. This value represents a 4.26% increase compared to the same quarter last year. In the past year MDLZ has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 7.69%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MDLZ is 23.87 vs. an industry ratio of 13.00, implying that they will have a higher earnings growth than their competitors in the same industry. General Motors Company ( GM ) is reporting for the quarter ending December 31, 2015. The auto (domestic) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.23. This value represents a 3.36% increase compared to the same quarter last year. GM missed the consensus earnings per share in the 1st calendar quarter of 2015 by -11.34%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for GM is 6.20 vs. an industry ratio of -2.20, implying that they will have a higher earnings growth than their competitors in the same industry. Southern Company ( SO ) is reporting for the quarter ending December 31, 2015. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.42. This value represents a 10.53% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SO is 17.45 vs. an industry ratio of 21.00. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending December 31, 2015. The outsourcing company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.71. This value represents a 1.43% increase compared to the same quarter last year. ADP missed the consensus earnings per share in the 2nd calendar quarter of 2015 by -6.78%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ADP is 25.61 vs. an industry ratio of 21.60, implying that they will have a higher earnings growth than their competitors in the same industry. Alexion Pharmaceuticals, Inc. ( ALXN ) is reporting for the quarter ending December 31, 2015. The biomedical (gene) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.88. This value represents a 22.12% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ALXN is 35.96 vs. an industry ratio of -16.70, implying that they will have a higher earnings growth than their competitors in the same industry. Becton, Dickinson and Company ( BDX ) is reporting for the quarter ending December 31, 2015. The medical/dental supplies company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.84. This value represents a 20.26% increase compared to the same quarter last year. In the past year BDX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 2.11%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for BDX is 17.38 vs. an industry ratio of 34.20. Exelon Corporation ( EXC ) is reporting for the quarter ending December 31, 2015. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.39. This value represents a 18.75% decrease compared to the same quarter last year. EXC missed the consensus earnings per share in the 4th calendar quarter of 2014 by -5.88%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for EXC is 11.95 vs. an industry ratio of 21.00. Eaton Corporation, PLC ( ETN ) is reporting for the quarter ending December 31, 2015. The machinery company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.09. This value represents a 14.17% decrease compared to the same quarter last year. In the past year ETN has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ETN is 11.87 vs. an industry ratio of 11.00, implying that they will have a higher earnings growth than their competitors in the same industry. Marathon Petroleum Corporation ( MPC ) is reporting for the quarter ending December 31, 2015. The oil refining company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.67. This value represents a 53.15% decrease compared to the same quarter last year. The last two quarters MPC had negative earnings surprises; the latest report they missed by -2.22%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MPC is 7.26 vs. an industry ratio of 13.50. Franklin Resources, Inc. ( BEN ) is reporting for the quarter ending December 31, 2015. The finance/investment management company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.75. This value represents a 17.58% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for BEN is 11.62 vs. an industry ratio of 10.70, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's in Store for Paylocity Holding (PCTY) in Q2 Earnings? Paylocity Holding CorporationPCTY is set to report second-quarter fiscal 2016 results on Feb 4. Last quarter, the company posted a positive earnings surprise of 60%. Let's see how things are shaping up for this announcement. Factors to Consider We remain positive about Paylocity's continuous investments in SaaS technology. It is to be noted that over the past few quarters a significant portion of the revenues has been generated from clients moving from traditional payroll service providers to the company's SaaS-based services. Therefore, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the company's top line over the long run. Initiatives such as these are also likely to have a positive impact on the upcoming results. Furthermore, higher adoption of Paylocity's ACA dashboard application that tracks employee count, employee status and health care plan affordability will act as a tailwind for the company in the long run. However, competition in the payroll processing sector from new entrants as well as existing competitors such as Automatic Data Processing, Inc. ADP , Oracle Corporation and SAP SE remains a headwind. Earnings Whispers Our proven model does not conclusively show that Paylocity is likely to beat estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1(Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here, as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at a loss 11 cents. Hence, the difference is 0.00%. Zacks Rank: Paylocity holds a Zacks Rank #2. Though a favorable Zacks Rank increases the predictive power of ESP, a 0.00% ESP makes surprise prediction difficult. Conversely, we caution against Sell-rated stocks (Zacks Rank #4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a few companies worth considering that, according to our model, have the right combination of elements to post an earnings beat this quarter: Baidu, Inc. BIDU , with an Earnings ESP of +11.25% and a Zacks Rank #2 MaxLinear, Inc. MXL , with an Earnings ESP of +2.94% and a Zacks Rank #1 (Strong Buy) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BAIDU INC (BIDU): Free Stock Analysis Report MAXLINEAR INC-A (MXL): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYLOCITY HLDG (PCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-02-03,71.6088,71.7113,69.6197,70.7725,"[""Earnings Scheduled For February 3, 2016"", ""ADP Q2 EPS $0.72 vs $0.72 est, Revenue $2.8B vs $2.8B est"", ""ADP Q2 EPS $0.72 vs $0.72 est, Revenue $2.8B vs $2.8B est"", ""Earnings Scheduled For February 3, 2016"", ""Automatic Data Processing Tops Q2 Earnings, Lowers View Automatic Data Processing Inc.ADP reported second-quarter fiscal 2016 earnings from continuing operations of 72 cents per share, beating the Zacks Consensus Estimate of 71 cents. Earnings also increased 2.9% year over year. Operational Details Quarterly revenues of $2,807 million fell marginally short of the Zacks Consensus Estimate of $2,811 million but grew 5.5% year over year. Employer Services revenues in the quarter increased 3% year over year to $2,212.6 million. PEO Services revenues rose 18% year over year to $737.4 million. In the quarter, combined worldwide new business bookings for the company grew 15% year over year. New business bookings represent annualized recurring revenues expected from new orders. Interest on funds held for clients in the quarter declined 1.6% to $89.3 million. The company's average client funds balance increased 4% year over year to $20.5 billion in the quarter while average interest yield was 1.7%. Total expenses in the reported quarter increased 7% year over year to $2.3 billion, attributable to higher selling, general & administrative expense. Balance Sheet Automatic Data Processing exited the quarter with cash and cash equivalents (including short-term marketable securities) of approximately $2.8 billion compared with $1.7 billion as on Jun 30, 2015. Long-term debt was approximately $2 billion compared with $9.2 million as on Jun 30, 2015. Guidance For fiscal 2016, the company now expects revenues to grow in the range of approximately 7% over fiscal 2015, compared with the earlier projection of 7% to 8%. The upper-end of the guidance has been trimmed owing to the divesture of the AdvancedMD business and expected currency headwinds. ADP expects earnings per share to grow 11% to 13% over fiscal 2015 levels, compared with the earlier projection of 12% to 14%. This represents 50 basis points (bps) expansion in adjusted EBIT margin from 18.8% in fiscal 2015. Worldwide new business bookings are now expected to rise at least 12% from $1.6 billion in fiscal 2015 (prior forecast was 10%). Employer Services revenues are expected to grow in the range of 4% to 5% (down from earlier expectation of 5% to 6%), including the negative impact of foreign currency. The company expects pay per control to increase 2% to 3% in the year. PEO Services revenues are expected to increase 16% to 18% (earlier projection was 15% to 17%). Pre-tax margin is expected to grow 50 bps year over year. In addition, the company continues to expect interest on funds held for clients to increase $5 million or 1%. It is likely to be driven by estimated growth in average client funds balances of 2% to 4%, to a range of $22.3 billion to $22.5 billion (earlier it was projected to increase 3% to 5% to $22.5 billion to $22.9 billion).The decline in growth is expected owing to unfavorable currency translations. Average interest yield is expected to be flat at 1.7%. Further, the total contribution from client funds extended investment strategy is expected to remain flat with fiscal 2015 (earlier growth of 10% was anticipated). The guidance excludes the benefit from the sale of ADP's AdvancedMD business and a $14 million benefit from the sale of a building in the second quarter 2016. Our Take Automatic Data Processing's business has been impacted by a volatile macroeconomic environment, especially because of the strengthening U.S. dollar. Also, slower-than-expected employee recovery and increasing competition from the likes of Paychex, Equifax EFX , Insperity, Inc. NSP and TriNet Group, Inc. TNET are the other near-term headwinds. Despite a strong customer retention ratio and steady recurring revenues, the company has been seeing some negative impact on its retention rate owing to migration from the legacy business and increasing competition in the sphere. To overcome this to an extent, it has been ramping up its resources in the service-and-support division in tune with growing demand. While we expect the company's continuous investments in these new initiatives to drive growth over the long term, it will weigh on near-term earnings. Nonetheless, its higher revenue per client and lower cost of operations place it in an advantageous position. In addition, the company's stable business, solid free cash flow and high dividend rate make it lucrative to investors. In addition, the Omnibus Spending Bill H.R. 2029 and the Protecting Americans from Tax Hikes Act of 2015 (PATH Act) that were signed last month is a positive for the company. Automatic Data Processing has already introduced solutions like Work Opportunity Tax Credit (WOTC) to enable clients to meet the requirements of these two bills. Currently, ADP has a Zacks Rank #4 (Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""iShares MSCI All Country World Minimum Volatility ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI All Country World Minimum Volatility ETF (Symbol: ACWV) where we have detected an approximate $40.9 million dollar outflow -- that's a 1.7% decrease week over week (from 34,600,000 to 34,000,000). Among the largest underlying components of ACWV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is off about 1.1%, General Mills, Inc. (Symbol: GIS) is off about 0.4%, and Consolidated Edison, Inc. (Symbol: ED) is up by about 1.4%. For a complete list of holdings, visit the ACWV Holdings page \u00bb The chart below shows the one year price performance of ACWV, versus its 200 day moving average: Looking at the chart above, ACWV's low point in its 52 week range is $58.12 per share, with $74.41 as the 52 week high point - that compares with a last trade of $67.79. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Jobs Stronger, Q4 Earnings Grind Wednesday, February 3, 2016 Stocks are indicated to start today's session in positive territory, with favorable momentum in oil prices and positive labor market gains helping sentiment at the open. With respect to Q4 earnings season, we have now crossed the halfway mark with results from more than half of the S&P 500 members now out. This morning's jobs report from payroll processor ADP ( ADP ) came in better than expected. This report which serves as a preview for the all-important monthly non-farm payroll report from the U.S. government's Bureau of Labor Statistics, showed gains of 205K in January relative to estimates of 190K and the prior-month's 267K (revised higher by 10K). Estimates for the Friday BLS report - which currently stand at 188K per Bloomberg.com for the 'headline' and 180K for the ADP-comparable private-sector jobs - leaves room for upward revisions to estimates ahead of the release. We had a blockbuster 292K read from the BLS report in December. Part of the deceleration in job gains from December to January is weather related. Even though these numbers are seasonally adjusted, December benefited from unusually warm temperatures, with Spring type weather around Christmas in many parts of the country. This balmy weather likely had an impact on some weather sensitive parts of the economy. This favorable seasonality notwithstanding, the U.S. economy actually lost ground in the last quarter of 2015, with GDP growth decelerating sharply in Q4 as a result of lower contribution from inventory builds, international trade and corporate investments. Consumer spending, the biggest component of the U.S. economy, held up fairly well in the last quarter of the year, but nevertheless lost some ground from the preceding quarter's level. The Fed implication of all of this macroeconomic backdrop is that if the Q4 slowdown is carrying to the current period then the central bank will hurry to follow up its December lift-off with another rate hike at its March 2016 meeting. The Fed had indicated four interest rate hikes at the time of the December lift-off, but developments since then particularly the market turmoil that arrived in January and monetary policy moves by central banks in Europe and Japan, has created doubts about those plans. Markets don't see the Fed doing more than one rate hike this year, with the odds of that rate hike arriving in March increasingly on the low side. Ongoing weakness in the U.S. economy's factory sector and continued momentum in the exchange value of the dollar indicate that the Fed will have to revise its policy plans even if the unemployment rate develops a 4-handle (it was 5.0% in December) in the coming days. Fed-watch aside, we are in the midst of Q4 earnings season, with the reporting cycle crossing the halfway mark this morning. Including this morning's reports from the likes of General Motors ( GM ), Comcast ( CMCSA ), Eaton ( ETN ) and others, we now have Q4 results from 260 S&P 500 members that combined account for 61.3% of the index's total market capitalization. Total earnings for these companies are down -4.6% from the same period last year on -5.1% lower revenues, with 71.5% beating EPS estimates and 47.3% coming ahead of revenue estimates. Relative to the recent past, these growth rates are below the same group of 260 index members, but the ratio of companies beating or meeting earnings and revenue estimates is in-line or better than recent periods. The blended or composite picture for the quarter - combining the actual results from the 260 index members with estimates from the still-to-come 240 companies - is for earnings to be down -6% on -4.6% lower revenues, the third quarter in a row of negative earnings growth for the index. Q4 growth would barely be in positive territory if the Energy sector drag is excluded from aggregate picture. The growth picture isn't expected to improve in the current period either, with 2016 Q1 estimates steadily coming down as companies report Q4 results and provide weak guidance for the current period. Sheraz Mian Director of Research Note: In addition to this daily pre-open article about the market, economy, and the corporate earnings picture, Sheraz Mian also provides detailed earnings analysis in his weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz Mian publishes a new article, please click here . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report GENERAL MOTORS (GM): Free Stock Analysis Report COMCAST CORP A (CMCSA): Free Stock Analysis Report EATON CORP PLC (ETN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Beats on Q2 Earnings, Revenues Lag Founded in 1949, New Jersey based- Automatic Data Processing, Inc.ADP is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves approximately 637K clients across 125 nations. The company reports in three business segments - Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. The Employer Services segment includes human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. The Dealer Services segment provides integrated dealer management systems, digital marketing solutions and other business management solutions to the automotive, heavy truck, motorcycle, marine, recreational vehicle (RV), and heavy equipment retailers, distributors, and manufacturers. Zacks Rank : Currently, ADP has a Zacks Rank#4 (Sell) but that could change following its second quarter fiscal 2016 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : ADP's adjusted earnings from continuing operations came in at 72 cents per share, beating the Zacks Consensus Estimate of 71 cents. Earnings also improved 2.9% year over year. Revenue : Revenues of $2,807 million came below the Zacks Consensus Estimate of $2,811 million but grew 5.5% year over year. Key Stats : New business bookings increased 15% year over year. Stock Price : Shares prices did not show any movement in the pre-market trading session. Check back later for our full write up on this ADP earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Q2 EPS $0.72 vs $0.72 est, Revenue $2.8B vs $2.8B est"", ""Earnings Scheduled For February 3, 2016""]" ADP,2016-02-04,70.668,71.4184,70.2548,71.3318,"ADP Delivers Strong Bookings Growth, but Forex Continues to Take a Toll Image Source: ADP Automatic Data Processing reported second-quarter fiscal 2016 results on Wednesday. The payroll and human resources company is winning new business at an impressive clip, but foreign currency fluctuations are denting its results. ADP results: The raw numbers Data source: ADP Q2 2016 earnings press release . What happened with ADP this quarter? Worldwide new business bookings grew 15%. Revenue increased 6% year-over-year to $2.8 billion, and 8% on a constant-dollar basis. Employer services revenue rose 3% to $2.2 billion, with the number of employees on ADP clients' payrolls in the U.S. increasing 2.5%. PEO (professional employer organization) services revenue jumped 18% to $737 million, with average worksite employees paid by PEO services increasing 14% to approximately 403,000. ADP's adjusted pre-tax earnings, which exclude divestiture-related gains, grew 2% to $506 million, and 4% on a constant-dollar basis. Adjusted pre-tax margins, however, declined about 70 basis points to 18%. Adjusted EPS from continuing operations increased 4% to $0.72 (and 6% on a constant-dollar basis), aided by share buybacks and a lower effective tax rate. What management had to say ""ADP's revenue growth in the quarter was solid despite continued headwinds from foreign currency translation,"" said CFO Jan Siegmund. ""As previously communicated, ADP made additional investments in the second quarter to increase operational resources in support of our service and implementation teams. These investments were ahead of recurring revenue which is expected to contribute to ADP's growth in the second half of fiscal 2016."" Looking forward ADP boosted its full-year 2016 bookings guidance, and now anticipates growth in worldwide new business bookings of at least 12% over $1.6 billion sold in fiscal 2015, compared to the company's prior forecast of at least 10%. ""We continue to experience strong momentum in new business bookings, reflecting the confidence our clients have in ADP's ability to assist with their human capital management needs,"" said CEO Carlos Rodriguez. However, management lowered its projections for revenue growth to 7% -- down from its earlier estimates of a 7% to 8% range -- due to expectations of a larger negative impact from foreign currency translations. ADP also reduced its earnings outlook due to those foreign exchange headwinds, as well as higher expected selling expenses related to its increased bookings forecast. Management now expects adjusted EPS growth of 11% to 13%, down from its prior guidance for growth of 12% to 14%. The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article ADP Delivers Strong Bookings Growth, but Forex Continues to Take a Toll originally appeared on Fool.com. Joe Tenebruso has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-02-05,71.3318,71.4945,69.7281,70.0457,"Paylocity Q2 Loss Narrows, Revenues Top; FY16 View Raised Paylocity Holding CorporationPCTY reported better-than-expected second-quarter fiscal 2016 results. The company incurred a loss of 2 cents per share, which compared favorably with the Zacks Consensus Estimate of a loss of 11 cents as well as the year-ago quarter loss of 13 cents. Quarter Details Paylocity reported revenues of $55.2 million, which increased 60.8% year over year and came ahead of the Zacks Consensus Estimate of $49 million. The year-over-over increase was driven by solid sales and operational implementation. The rising demand for the company's unified payroll and HCM platform aided the sales growth. Moreover, revenues were impacted positively by a 61.4% surge in recurring revenues and a 51.9% jump in implementation and other revenues on a year-over-year basis. The company's gross margin increased 890 basis points (bps) year over year to 56.3%. According to the company, ""strong revenue performance on higher-margin ACA product along with the benefits from the purchase of our last reseller in May of 2015"" drove the margin expansion. Paylocity reported operating loss of $1.3 million which compared favorably with a loss of $6.5 million reported in the year-ago quarter. Operating results were mainly benefitted by increased gross profit, partially offset by 42.4% increase in operating expenses. The company suffered a net loss of $1.2 million or 2 cents per share compared with a loss of $6.4 million or 13 cents per share in the year-ago period. Balance Sheet & Cash Flow Paylocity exited the quarter with cash and cash equivalents of $79 million compared with $78.7 million in the previous quarter. Receivables were $1.5 million compared with $1.3 million in the prior quarter. Paylocity has no long-term debt. The company generated $10.8 million of cash flow from operational activities. Guidance Buoyed by the strong second-quarter results, Paylocity raised its fiscal 2016 outlook. The company now expects revenues in the range of $223 million to $225 million (previously $210 million to $214 million). The Zacks Consensus Estimate is pegged at $213 million. EBITDA is expected in the range of $22 million to $23 million (previously $16.5 million to $18.5 million). Non-GAAP net earnings per share are expected within the 18 cents to 19 cents range (previously 4 cents to 7 cents). The Zacks Consensus Estimate is pegged at a loss of 24 cents per share. For the third quarter of fiscal 2016, Paylocity expects revenues in the range of $66.5 million to $67.5 million (mid-point $67 million) which is higher than the Zacks Consensus Estimate of $64 million. Adjusted EBITDA is projected in the range of $10.5 million to $11.5 million. Non-GAAP earnings per share are expected within the 13 cents to 15 cents range (mid-point 14 cents), much higher than the Zacks Consensus Estimate of 3 cents. Our Take We remain positive about Paylocity's regular investments in SaaS technology. Notably, over the past few quarters, clients moving from traditional payroll service providers to the company's SaaS-based services generated a significant portion of the revenues. Therefore, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the company's top line over the long run. Such initiatives are also likely to have a positive impact on the upcoming results. Furthermore, higher adoption of Paylocity's ACA dashboard application that tracks employee count, employee status and health care plan affordability will act as a tailwind over the long run. However, competition in the payroll processing sector from new entrants as well as the existing players such as Automatic Data Processing, Inc. ADP , Oracle Corporation ORCL and SAP SE SAP remains a headwind. Currently, Paylocity has a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ORACLE CORP (ORCL): Free Stock Analysis Report SAP AG ADR (SAP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYLOCITY HLDG (PCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-02-08,69.2647,70.2123,68.0417,69.9954,"[""Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for February 09, 2016 Computer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on February 09, 2016. A cash dividend payment of $0.64 per share is scheduled to be paid on February 26, 2016. Shareholders who purchased CPSI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that CPSI has paid the same dividend. The previous trading day's last sale of CPSI was $57.31, representing a -3.13% decrease from the 52 week high of $59.16 and a 59.02% increase over the 52 week low of $36.04. CPSI is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). CPSI's current earnings per share, an indicator of a company's profitability, is $1.92. Zacks Investment Research reports CPSI's forecasted earnings growth in 2016 as 113.69%, compared to an industry average of 6.2%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's in Store for Equifax (EFX) this Earnings Season? Equifax Inc.EFX is scheduled to report fourth-quarter 2015 results on Feb 10. Last quarter, the company posted a positive earnings surprise of 3.64%. Notably, Equifax beat the Zacks Consensus Estimate thrice in the last four quarters with an average positive surprise of 3.27%. Let's see how things are shaping up for this announcement. Factors to Consider Equifax is a leading information services provider to consumers and businesses. The company reported better-than-expected third-quarter results which also improved year over year. Backed by the strong results, Equifax raised the full-year earnings outlook and issued encouraging fourth-quarter guidance. Management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America are encouraging. Also, the company's strong correlation to consumer and financial markets as well as its U.S. and European exposure are likely to propel growth, going ahead. We believe that these factors will positively impact the results in the to-be-reported quarter. However, intense competition from peers such as Automatic Data Processing Inc. ADP , Fiserv Inc., Moody's Corp. and uncertainty in the mortgage sector remain the concerns. Earnings Whispers Our proven model does not conclusively show that Equifax is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is not the case here, as you will see below. Zacks ESP : ESP for Equifax is 0.00% since the Most Accurate estimate of $1.11 per share is in line with the Zacks Consensus Estimate. Zacks Rank : Equifax's Zacks Rank #2 when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a couple of stocks which you may consider, as our model shows that they have the right combination of elements to post an earnings beat this quarter: InterDigital, Inc. IDCC , with an Earnings ESP of +33.33% and a Zacks Rank #3. Yelp Inc. YELP , with an Earnings ESP of +33.33% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQUIFAX INC (EFX): Free Stock Analysis Report INTERDIGITL INC (IDCC): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report YELP INC (YELP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-02-09,69.738,70.4964,69.2163,69.5002, ADP,2016-02-10,70.4865,71.1334,69.4273,69.6354, ADP,2016-02-11,68.3849,69.3939,68.1275,69.101,"[""Equifax (EFX) Q4 Earnings & Revenues Top; Outlook Positive Equifax Inc.EFX ended 2015 on a strong note with better-than-expected results for the fourth quarter. The company's adjusted earnings per share from continuing operations of $1.14 surpassed the Zacks Consensus Estimate of $1.11 and rose 11.5% year over year. Equifax Inc. (EFX) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Quarter Details Equifax's revenues of $666.3 million came ahead of the Zacks Consensus Estimate of $663 million as well as the guidance range of $655 million to $665 million. Additionally, revenues went up 6.7% year over year. Segment-wise, total U.S. Information Solutions (USIS) revenues were up 7% year over year to $296.1 million. Among sub-segments, revenue growth was recorded in the Online Information Solutions (6%), Mortgage Solutions Services (10%) and Financial Marketing Services (7%). International revenues (including Europe, Canada and Latin America) inched down 1% year over year to $142.6 million. However, on a constant currency basis, revenues climbed 11%. The company registered an increase of 2% in Latin America and 3% in Europe regions. Though revenues from Canada were down 11% year over year, it improved 5% on a constant currency basis. Revenues from the Workforce Solutions segment improved 12% year over year to $143.7 million, primarily on the back of 14% increase in revenues from Verification Services and 8% growth at Employer Services. Personal Solutions contributed $83.9 million to total revenue, reflecting a 12% year-over-year improvement. Equifax's adjusted operating income increased 5.6% year over year to $202.5 million. However, adjusted operating margin contracted 30 basis points (bps) to 30.4%. Adjusted net income came in at $137.5 million or $1.14 per share as against $124.6 million or $1.02 a year ago. Equifax exited the quarter with $93.3 million in cash and cash equivalents, compared with $108.5 million at the end of third-quarter 2015. Total long-term debt (including current portion) was approximately $1.20 billion. During the year, Equifax generated a cash flow of $742.1 million from operational activities. During 2015, the company paid $137.8 million as dividends and repurchased stocks worth $196.3 million. Concurrent with the fourth-quarter earnings results, Equifax's board of directors approved a 14% hike in quarterly cash dividend. With this, the company's quarterly cash dividend increased to 33 cents per share from 29 cents paid last quarter. The new dividend will be paid on Mar 15 to shareholders of record as on Mar 3. Guidance Equifax initiated the outlook for first quarter and full-year 2016. In view of the current domestic and international business environment as well as the Veda acquisition, the company expects revenues between $3.0 billion and $3.1 billion (mid-point $3.05 billion). The guidance takes into account 2% to 3% negative impact from foreign exchange rates. Moreover, the revenue outlook is higher than the Zacks Consensus Estimate of $2.852 billion. Adjusted earnings per share are now forecasted between $4.95 and $5.05 (mid-point $5.00), while the Zacks Consensus Estimate is pegged at $4.94. Earnings guidance includes a negative impact of 13 cents per share due to unfavorable exchange rates. Coming to the first-quarter outlook, Equifax projects revenues in the range of $685 million to $695 million (mid-point $690 million), while the Zacks Consensus Estimate is $691 million. Adjusted earnings per share are forecasted between $1.14 and $1.16 (mid-point $1.15). The Zacks Consensus Estimate stands at $1.15. Our Take Equifax posted better-than-expected results for the fourth quarter which also grew year over year. Moreover, the company issued an encouraging outlook for 2016 wherein both revenues and earnings guidance were above the respective Zacks Consensus Estimate at the mid-point. Management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America are the positives. Also, the company's strong correlation with the consumer and financial markets as well as exposure in the U.S. and Europe are likely to propel growth, going ahead. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. FISV Moody's Corp. MCO and uncertainty in the mortgage sector raise concern. Currently, Equifax has a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Will Insperity (NSP) Surprise Estimates in Q4 Earnings? Insperity, Inc.NSP is set to report fourth-quarter 2015 results on Feb 12. Last quarter, the company reported a positive surprise of 4.35%. Moreover, it has delivered an average positive earnings surprise of 15.88% in the trailing four quarters. Let's see how things are shaping up for this announcement. Factors to Consider Insperity is expected to benefit from increase in worksite employees (WSE) due to higher retention and better expense management. In addition, lower health care costs and payroll taxes along with increased contribution from Strategic Business Units (SBU) are likely to be growth drivers. Moreover, as workforce synchronization continues to gain traction with mid-market clients, it will likely be of benefit for Insperity. In December, Insperity had announced a Dutch tender offer under which the company will repurchase $125 million worth of stock. The company recently gave updates for the same. Insperity will now be purchasing shares worth $143.1 million that is approximately 12.4% of its common stock issued and outstanding as of Jan 11, 2016. However, the sluggish global macro environment can lead to headcount reductions at client companies. An increase in health care costs does not bode well for Insperity ashealth care costs are one of the major components of operating expenses. Furthermore, client attrition amid increasing competition from the likes of Automatic Data Processing Inc. ADP and TriNet Group, Inc. TNET remain concerns. Earnings Whispers Our proven model does not conclusively show that Insperity is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP : Insperity currently has a 0.00% ESP because both the Most Accurate estimate and the Zacks Consensus Estimate stand at 32 cents. Zacks Rank : Though Insperity's Zacks Rank #1 (Strong Buy) increases the predictive power of ESP, we need to have a positive ESP to be confident about an earnings surprise. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Stock to Consider Here is a stock that you may consider as our model shows it has the right combination of elements to post an earnings beat this quarter: Vornado Realty Trust VNO has an Earnings ESP of +4.65% and a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VORNADO RLTY TR (VNO): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-02-12,70.0131,70.5368,69.4106,70.4184, ADP,2016-02-16,71.5466,72.386,71.1492,72.1769,"Insperity Lags Q4 Earnings, Shares Up 7% on Strong Outlook Insperity Inc.NSP reported fourth-quarter 2015 earnings (including stock-based compensation expense and amortization of capitalized stock-based compensation but excluding all other non-recurring items and related tax impact) of 25 cents per share, lagging the Zacks Consensus Estimate of 32 cents. Earnings also declined 28.6% on a year-over-year basis. The company reported adjusted earnings of 33 cents a share, a decrease of 19.5% year over year. This figure excludes non-cash impairment and other charges, stockholder advisory expenses and stock-based compensation. Despite the earnings miss, shares rose 6.95% on Friday buoyed by the upbeat guidance provided by the company. Operational Details Insperity's revenues of $650 million increased 9.1% on a year-over-year basis but lagged the Zacks Consensus Estimate of $670 million. The year-over-year improvement was attributed to higher average paid worksite employees (up 12%), partially offset by sluggish net hiring and greater-than-expected large-claim medical costs. Insperity's gross margin in the quarter was down 210 basis points from the year-ago quarter to 14.9%, primarily due to an increase in payroll taxes, benefits and workers' compensation expenses in the quarter. The company's operating expenses (including stock-based compensation) declined 1.5% year over year to $83.8 million. Operating margin was 2% compared with 2.6% in the year-ago period, despite the cost-cutting initiatives taken by the company. Insperity exited 2015 with cash, marketable securities and restricted cash of $279 million compared with $305.1 million as on Dec 31, 2014. The company has returned about $230 million in dividends and share repurchases in 2015. Guidance Insperity also provided an outlook for first quarter and full year 2016. For the first quarter of 2016, Insperity projects adjusted earnings in the range of $1.44 -$1.52 a share while for full year 2016, the company projects adjusted earnings of $3.19 -$3.36 a share. Conclusion We believe that the company is likely to benefit from an increase in worksite employees (WSE). In addition, increased contribution from Strategic Business Units (SBU) is likely to benefit it going ahead. Moreover, as workforce synchronization continues to gain traction with mid-market clients, it will likely benefit Insperity. In December, Insperity had announced a Dutch tender offer under which the company will repurchase $125 million worth of stock. Earlier this month, the company gave updates for the same. Insperity will now be purchasing shares worth $143.1 million that is approximately 12.4% of its common stock issued and outstanding as of Jan 11, 2016. We believe that this is a positive for investors. However, a sluggish global macro environment can lead to headcount reductions at client companies. An increase in health care costs does not bode well for Insperity as these constitute one of the major components of operating expenses. Furthermore, client attrition amid increasing competition from the likes of Automatic Data Processing Inc. ADP and TriNet Group, Inc. TNET remain concerns. Currently, Insperity has a Zacks Rank #1 (Strong Buy). Another stock in the same space that can be considered is TrueBlue, Inc. TBI having the same Zacks Rank as Insperity. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TRUEBLUE INC (TBI): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-02-17,72.5221,73.6069,72.2785,73.5112, ADP,2016-02-18,73.6405,73.8308,73.0201,73.1494, ADP,2016-02-19,73.0713,73.8209,72.7035,73.7095, ADP,2016-02-22,74.0812,74.744,74.0408,74.4333, ADP,2016-02-23,74.1908,74.5034,72.962,73.099,"[""Intuit to Report Q2 Earnings: What's in the Cards this Time? Intuit Inc.INTU is expected to report second-quarter fiscal 20Array6 results on Feb 25. Last quarter, the company posted a positive earnings surprise of 57.Array4%. Let us see how things are shaping up for this announcement. Factors to Consider Intuit reported better-than-expected first-quarter fiscal 20Array6, results which also improved year over year. Moreover, we are positive on Intuit's growing SMB exposure and believe that the strategic acquisitions will boost the segment. The increased adoption of its cloud-based services and products is another positive. Intuit has also restructured its business to focus more on QuickBooks services. The company expects to continue to invest in the portfolio, which is likely to impact its near-term profitability. Moreover, rising competition from payroll solution providers such as Paycom Software Inc. and Automatic Data Processing ADP is a concern, in our view, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Earnings Whispers Our proven model does not conclusively show that Intuit will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #Array, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at 4 cents. Hence, the difference is 0.00%. Zacks Rank: Intuit's Zacks Rank #3 (Hold) increases the predictive power of ESP. However, we need to have a positive ESP to be confident about an earnings surprise. We caution against stocks with a Zacks Rank #4 and #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are some companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat in their upcoming releases: AMN Healthcare Services Inc. AHS with Earnings ESP of +6.67% and a Zacks Rank #Array (Strong Buy) Boyd Gaming Corporation BYD with Earnings ESP of +4.35% and a Zacks Rank #2 (Buy) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BOYD GAMING CP (BYD): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report AMN HLTHCR SVCS (AHS): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Notable ETF Inflow Detected - ACWV, ADP, GIS, ED Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI All Country World Minimum Volatility ETF (Symbol: ACWV) where we have detected an approximate $55.7 million dollar inflow -- that's a 2.4% increase week over week in outstanding units (from 34,000,000 to 34,800,000). Among the largest underlying components of ACWV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is off about 0.4%, General Mills, Inc. (Symbol: GIS) is up about 0.5%, and Consolidated Edison, Inc. (Symbol: ED) is up by about 0.3%. For a complete list of holdings, visit the ACWV Holdings page \u00bb The chart below shows the one year price performance of ACWV, versus its 200 day moving average: Looking at the chart above, ACWV's low point in its 52 week range is $58.12 per share, with $74.41 as the 52 week high point - that compares with a last trade of $69.55. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSP Inc. (CSPI) Ex-Dividend Date Scheduled for February 24, 2016 CSP Inc. ( CSPI ) will begin trading ex-dividend on February 24, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on March 11, 2016. Shareholders who purchased CSPI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that CSPI has paid the same dividend. The previous trading day's last sale of CSPI was $5.47, representing a -29.78% decrease from the 52 week high of $7.79 and a 3.6% increase over the 52 week low of $5.28. CSPI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). CSPI's current earnings per share, an indicator of a company's profitability, is -$.26. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-02-24,72.2982,73.6325,71.5822,73.4511,"Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for February 25, 2016 Evertec, Inc. ( EVTC ) will begin trading ex-dividend on February 25, 2016. A cash dividend payment of $0.1 per share is scheduled to be paid on March 17, 2016. Shareholders who purchased EVTC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that EVTC has paid the same dividend. The previous trading day's last sale of EVTC was $11.63, representing a -49.7% decrease from the 52 week high of $23.12 and a 3.24% increase over the 52 week low of $11.27. EVTC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). EVTC's current earnings per share, an indicator of a company's profitability, is $.83. Zacks Investment Research reports EVTC's forecasted earnings growth in 2016 as -3.57%, compared to an industry average of 3%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-02-25,74.1838,74.1908,73.0803,74.0191, ADP,2016-02-26,74.5517,74.5763,73.4195,73.7982,"[""DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for February 29, 2016 DST Systems, Inc. ( DST ) will begin trading ex-dividend on February 29, 2016. A cash dividend payment of $0.33 per share is scheduled to be paid on March 15, 2016. Shareholders who purchased DST prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the prior quarter. The previous trading day's last sale of DST was $107.63, representing a -20.07% decrease from the 52 week high of $134.65 and a 12.65% increase over the 52 week low of $95.54. DST is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). DST's current earnings per share, an indicator of a company's profitability, is $14.51. Zacks Investment Research reports DST's forecasted earnings growth in 2016 as 8.25%, compared to an industry average of 10.1%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Intuit Swings to Earnings in Q2 and Beats Revenues; Stock Up Shares of Intuit Inc.INTU gained over 3% during yesterday's after-hour trade in response to the better-than-expected second-quarter fiscal 20Array6 results. The maker of TurboTax software swung to profit after reporting loss for two consecutive quarters. Intuit reported adjusted earnings (including stock-based compensation but excluding amortization and other one-time items) from continuing operations of Array3 cents per share which fared better than the Zacks Consensus Estimate of 4 cents. In the year-ago period, the company posted a loss per share of Array9 cents. On a GAAP basis, the company reported earnings from continuing operations of ArrayArray cents per share. The company had suffered a loss of 2Array cents a year ago. Strong bottom-line results were mainly driven by higher revenues, efficient cost management and lower share counts. Quarter in Detail Tax-preparation related software maker reported revenues of $923 million which came above the guided range of $800-$900 million and surpassed the Zacks Consensus Estimate of $89Array million. Moreover, on a year-over-year basis, revenues grew 23.2% mainly on the back of Intuit's ongoing transformation into a global cloud company and higher demand resulting from the U.S. tax season. Services and Other revenues grew nearly Array9% year over year to $659 million and product revenues went up 35.4% to $264 million. Segment-wise, Small Business Group recorded 7% year-over-year growth mainly driven by strong customer acquisition and continuous increase in QuickBooks Online subscribers as well as QuickBooks Self-Employed subscribers. The company added about Array00,000 QuickBooks Online subscribers during the quarter bringing the total global count to Array.257 million. Revenues from Consumer Tax grew 29% year over year mainly driven by an extra weekend day in Jan 20Array6 compared with the last year. ProTax segment's revenues came in at $84 million, mainly supported by changes in desktop offerings which \""affected the timing of revenue recognition\"". Coming to the operational metrics, Intuit reported adjusted gross profit of $730 million, up 28.5% year over year mainly backed by higher revenues. However, gross margin contracted 330 basis points (bps) to 79.Array%. The company reported 5.4% year-over-year increase in adjusted operating expenses. However, as a percentage of revenues, adjusted operating expenses contracted Array2.4% to 73.8% primarily due to efficient cost management. The company posted adjusted operating profit of $49 million supported by efficient cost management. In the year-ago quarter, the company reported operating loss of $78 million. Adjusted operating margin came at 5.3%. Intuit posted adjusted net income from continuing operations of $33.6 million or Array3 cents per share. In second-quarter fiscal 20Array5, the company reported a net loss of $53.8 million or Array9 cents. Balance Sheet and Cash Flows Intuit exited the quarter with cash and investments of $334 million. Long-term debt was $Array.0 billion at the end of the quarter. Further, Intuit generated $Array09 million of cash from operational activities during the first six months of fiscal 20Array6. Moreover, during the same time frame, the company repurchased shares worth $Array.725 billion and paid $Array6Array million as dividend. Outlook Bolstered by the solid performance, Intuit issued encouraging third-quarter outlook. The company anticipates revenues in the range of $2.2Array billion to $2.26 billion, representing 4% to 6% growth year over year. Non-GAAP operating income is projected in the range of $Array.20-$Array.22 billion, while non-GAAP earnings per share are anticipated to come between $3.Array5 and $3.20. The Zacks Consensus Estimate stands at $2.9Array per share. Further, Intuit predicts that its global QuickBooks Online subscriber base will reach approximately Array.38 million by the end of fiscal third quarter. Further, Intuit reiterated fiscal 20Array6 outlook. The company continues to anticipate revenues within $4.525-$4.600 billion and non-GAAP operating income within $Array.45 billion to $Array.48 billion. Non-GAAP earnings per share are still expected between $345 and $3.50. The Zacks Consensus Estimate for earnings is pegged at $2.77 per share. Additionally, during fiscal first quarter, the company projected capital expenditure between $490 million and $5Array0 million. However, nothing was mention regarding this in the reported quarter. Our Take Intuit reported better-than-expected fiscal second-quarter results which also improved year over year. Furthermore, driven by the solid performance, the company issued optimistic guidance for the upcoming quarter. Moreover, we are positive about Intuit's growing SMB exposure and believe that the strategic acquisitions will boost the segment. The increased adoption of its cloud-based services and products is another positive. Intuit has also restructured its business to focus more on the QuickBooks services. The company expects to continue to invest in the portfolio, which is likely to impact near-term profitability. Moreover, the rising competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit has a Zacks Rank #3 (Hold). A better-ranked stock in the technology sector is Avid Technology Inc. AVID sporting a Zacks Rank #Array (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PAYCOM SOFTWARE (PAYC): Free Stock Analysis Report AVID TECH INC (AVID): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for February 29, 2016 Jack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on February 29, 2016. A cash dividend payment of $0.28 per share is scheduled to be paid on March 18, 2016. Shareholders who purchased JKHY prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12% increase over the prior quarter. The previous trading day's last sale of JKHY was $84.41, representing a -0.34% decrease from the 52 week high of $84.70 and a 40.45% increase over the 52 week low of $60.10. JKHY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). JKHY's current earnings per share, an indicator of a company's profitability, is $2.74. Zacks Investment Research reports JKHY's forecasted earnings growth in 2016 as 9.75%, compared to an industry average of -8.1%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-02-29,73.5783,74.1237,72.9432,72.962,"18 Time Arbitrage Trades That Could Pay Off When the stock market is rocky, time arbitrage strategies that involve options make especially good sense." ADP,2016-03-01,73.7607,74.7529,73.4511,74.7529,"[""Option Alert: ADP Mar16 85.0 Puts: 1321 @ ASK $1.70: 2500 traded vs 230 OI: $85.61 Ref"", ""Option Alert: ADP Mar16 85.0 Puts: 1321 @ ASK $1.70: 2500 traded vs 230 OI: $85.61 Ref"", ""Option Alert: ADP Mar16 85.0 Puts: 1321 @ ASK $1.70: 2500 traded vs 230 OI: $85.61 Ref""]" ADP,2016-03-02,74.3969,74.4008,73.236,73.7884,"[""ADP Reports Private Sector Employment Up 214K Jobs in Feb."", ""ADP Reports Private Sector Employment Up 214K Jobs in Feb."", ""ADP Bolsters Strong U.S. Narrative Wednesday, March 2, 2016 (This is Mark Vickery covering for Sheraz Mian for the remainder of the week.) Following a strong day in the markets on Tuesday, futures began today down a tad, but this was prior to a very strong jobs report from ADP ( ADP ), the premier private-sector payroll firm in the nation. New private-sector jobs rose 214K in February according to ADP, well ahead of the 185K expected. January jobs numbers from ADP were revised down 12K to 193K, but the good news is the 200K+ average over the past 2 months (not including government jobs) is another arrow in the quiver of a sound U.S. economy. This may not be enough to force the Fed's hand to raise interest rates at its next meeting, but it does continue the narrative that the U.S. continues to lead the global economy at this time. Breaking down the numbers, both small and large-sized businesses grew by 76K last month, and medium-sized (between 50-500 employees) jobs numbers rose by 62K. The one segment that was weaker for the month was Manufacturing at -9K, but Financials were up 8K, Transportation +20K, Construction +27K and Business Services up a whopping 59K in February. It would seem white-collar enterprise-related employment is acting on pent-up demand after many months of struggling to keep up with other segments like Construction. Perhaps these positive numbers push the needle for expectations about this Friday's Bureau of Labor Statistics (BLS) non-farm payroll report, but even if they don't, those numbers have helped the same \""strength in the U.S.\"" narrative recently. We saw 151K new jobs overall for January's BLS, with an unemployment rate at 4,9 percent. The number of unemployed persons in the country was 7.8K last month, which actually means economists consider we are near \""full employment.\"" In earnings news - what's left of it - Brown-Forman ( BF.A ) reported in-line earnings prior to the opening bell today, whereas revenues missed analyst expectations. Shares had built up over the past week, but pulled back ahead of the earnings announcement; we'll see where its stock price goes from here. After the closing bell today, we'll hear from Costco ( COST ) on quarterly earnings. Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Reports Private Sector Employment Up 214K Jobs in Feb.""]" ADP,2016-03-03,73.099,73.8476,73.099,73.7884, ADP,2016-03-04,74.0112,74.3969,73.5112,74.2439, ADP,2016-03-07,73.6405,74.4876,73.6405,74.1641,"[""5 Strong Growth S&P 500 Stocks To Ride Best Rally Since 2014"", ""5 Strong Growth S&P 500 Stocks To Ride Best Rally Since 2014"", ""Mentor Graphics Corporation (MENT) Ex-Dividend Date Scheduled for March 08, 2016 Mentor Graphics Corporation ( MENT ) will begin trading ex-dividend on March 08, 2016. A cash dividend payment of $0.055 per share is scheduled to be paid on March 31, 2016. Shareholders who purchased MENT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that MENT has paid the same dividend. The previous trading day's last sale of MENT was $19.7, representing a -29.87% decrease from the 52 week high of $28.09 and a 22.36% increase over the 52 week low of $16.10. MENT is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). MENT's current earnings per share, an indicator of a company's profitability, is $1.26. Zacks Investment Research reports MENT's forecasted earnings growth in 2017 as -15.49%, compared to an industry average of -6.8%. For more information on the declaration, record and payment dates, visit the MENT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for March 08, 2016 Open Text Corporation ( OTEX ) will begin trading ex-dividend on March 08, 2016. A cash dividend payment of $0.2 per share is scheduled to be paid on March 31, 2016. Shareholders who purchased OTEX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that OTEX has paid the same dividend. The previous trading day's last sale of OTEX was $49.37, representing a -15.51% decrease from the 52 week high of $58.43 and a 34.71% increase over the 52 week low of $36.65. OTEX is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). OTEX's current earnings per share, an indicator of a company's profitability, is $1.72. Zacks Investment Research reports OTEX's forecasted earnings growth in 2016 as 5.99%, compared to an industry average of 8.8%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""MIND C.T.I. Ltd. (MNDO) Ex-Dividend Date Scheduled for March 08, 2016 MIND C.T.I. Ltd. ( MNDO ) will begin trading ex-dividend on March 08, 2016. A cash dividend payment of $0.27 per share is scheduled to be paid on March 24, 2016. Shareholders who purchased MNDO prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -10% decrease from the prior year. The previous trading day's last sale of MNDO was $2.44, representing a -39.13% decrease from the 52 week high of $4 and a 16.51% increase over the 52 week low of $2.09. MNDO is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). MNDO's current earnings per share, an indicator of a company's profitability, is $.31. For more information on the declaration, record and payment dates, visit the MNDO Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Strong Growth S&P 500 Stocks to Ride Best Rally Since 2014 The S&P 500 is enjoying its best three-week stretch of gains since 2014. The index rose 7.3% during the past three weeks after a rebound in oil prices from its 12-year low ebbed deflationary concerns. A boost in hiring complemented with strong data ranging from manufacturing to construction activities also fueled investors' sentiment. China's stimulus measures, on the other hand, raised hopes of a much stable global economy which would in turn contain the volatility in the broader markets. The index had breached its key level of 2,000 on Friday before ending the day at 1,999.99. It was a two-month high for the index, while the advance took all the S&P 500 sectors to end higher. In fact, the beaten-down energy sector gained the most. Given these positive vibes, it is expected that the S&P 500 will continue its bullish run in the near term. Since the long term bodes well for stocks, the ones on a growth curve look to be the best bet at the moment. An Oil-Induced Rally The S&P 500 mirrored a rally in crude oil prices that capped a third week of gain on Friday. The WTI crude surged 3.8% to $35.92 per barrel on Friday, reaching its highest level since Jan 5. Separately, Brent crude soared 4.3% to $35.96 a barrel, the highest finish since Dec 10. Signs of decline in U.S. production and continuous talk about freezing output by major oil producers were cited to be the reasons behind the oil price surge. Active U.S. oil-drilling rigs dropped for the 11th straight week. According to data from Baker Hughes, U.S. oil rig count was down by 8 to 392 as of Friday. Including natural gas rigs, it was down 13 at 489, the lowest level since Apr 23, 1999. Among other encouraging news, Nigeria's oil minister said that major oil producing nations will meet on Mar 20 to discuss ways to curtail production. This will help to bridge the wide demand-supply gap. Outlook for global demand for oil is also brightening. In China, demand for foreign crude is increasing, as domestic crude production declines. Moreover, U.S. jobs growth rebounded last month, which will add to further demand for oil as more commuters drive to work. Upbeat Jobs Data Added to Optimism The jobs data painted a solid picture of the labor market. The U.S. economy added 242,000 jobs in February, handily beating the consensus estimate of 194,000, according to the Bureau of Labor Statistics (BLS). The tally was also considerably higher than January's upwardly revised job number of 172,000. Jobs gain was broad based, including gains in sectors like health care and social assistance, retail trade, food services and drinking places, and private educational services. Private sector hiring also increased in February. According to Automatic Data Processing, Inc. ADP , 214,000 private jobs were added last month. The numbers were higher than market expectations of 190,000 jobs. Meanwhile, the unemployment rate in February remained unchanged at 4.9%. Further, the U-6 rate that includes the unemployed, the underemployed and the discouraged dipped to 9.7% in February from 9.9% in January, its lowest level since May 2008. Several Indicators Show Economic Expansion While a surge in hiring buoyed investors, a slew of promising economic reports also provided the catalyst for market gains. The ISM Manufacturing Index increased to 49.5% in February from 48.2% in January, higher than the consensus estimate of 48.6. Even though a reading below 50 indicates contraction in manufacturing activity, it occurred at a lower-than-expected pace. The ISM Services Index came in at 53.4% in February, in line with the consensus estimate. Meanwhile, consumer spending levels increased at the fastest pace in eight months this January. Not only did consumers buy big ticket items like cars and houses but they also ramped up purchases of a range of goods that include other discretionary products. The Commerce Department had reported that personal spending increased 0.5% in January, exceeding the consensus estimate of a rise by 0.3%. Moreover, retail sales are off to a good start this year, indicating strength in consumer spending. The Commerce Department said on Friday that sales at retail stores rose 0.2% in January. The so-called core retail sales also increased 0.6% in January. The housing industry is also firmer than what most believed. Construction outlay touched a record high in January. Outlays on construction rose 1.5% to a seasonally adjusted annual rate of $1.41 trillion in January from the upwardly revised estimate of $1.12 trillion in December, according to the Commerce Department. Existing home sales also posted record gains in January. Sales of existing homes increased 0.4% in January to a seasonally adjusted annual pace of 5.47 million. Top 5 S&P 500 Growth Stocks to Invest In Recession fears had plagued investors during the first six weeks of the year as slump in oil prices continued to drag the S&P 500 down. However, oil prices bounced back from its record low in mid-February, which helped the index to register its best three-week gain since 2014 and also post its best ever start to the month of March since 2002. Surge in hiring, positive readings on manufacturing, consumer and housing fronts also added to the optimism. For some time now, China's weak economy was pulling the broader markets down. But, the recent stimulus measures by the People's Bank of China to address concerns over the country's recent economic slowdown boosted investor sentiment. The People's Bank of China (PBOC) reduced the reserve requirement ratio (RRR) by 0.5% to 17%. Banking on these positives, it is expected that the S&P 500 will continue its winning streak in the near term, which eventually makes growth stocks more appealing. Growth stocks are associated with booming companies whose earnings are expected to grow at an above-average rate relative to the market. With the help of our new style score system , we have short-listed Zacks Rank #1 (Strong Buy) or #2 (Buy) stocks with a Growth Style Score of 'A' that hold immense growth potential. Our research shows that stocks with a Growth Style Score of 'A' when combined with a Zacks Rank #1 or #2 offer the best investment opportunities in the growth investing space. Campbell Soup Co.CPB , together with its subsidiaries, manufactures and markets convenience food products. CPB holds a Zacks Rank #1 and has a Growth Style Score of 'A.' The company has expected earnings growth of 20.1% for the current year. HCA Holdings, Inc.HCA through its subsidiaries provides health care services in the U.S. HCA holds a Zacks Rank #1 and has a Growth Style Score of 'A.' The company has expected earnings growth of 12.3% for the current year. Tyson Foods, Inc.TSN together with its subsidiaries operates as a food company worldwide. TSN holds a Zacks Rank #1 and has a Growth Style Score of 'A.' The company has expected earnings growth of 25.2% for the current year. Facebook, Inc.FB operates as a mobile application and Website that helps people to communicate with each other on mobile devices and personal computers worldwide. FB holds a Zacks Rank #2 and has a Growth Style Score of 'A.' The company has expected earnings growth of 58.7% for the current year. The Kroger Co.KR together with its subsidiaries operates as a retailer in the U.S and internationally. KR holds a Zacks Rank #2 and has a Growth Style Score of 'A.' The company has expected earnings growth of 9.5% for the current year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TYSON FOODS A (TSN): Free Stock Analysis Report CAMPBELL SOUP (CPB): Free Stock Analysis Report HCA HOLDINGS (HCA): Free Stock Analysis Report KROGER CO (KR): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Strong Growth S&P 500 Stocks To Ride Best Rally Since 2014""]" ADP,2016-03-08,73.742,74.2085,73.2697,73.6503,"Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for March 09, 2016 Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on March 09, 2016. A cash dividend payment of $0.53 per share is scheduled to be paid on April 01, 2016. Shareholders who purchased ADP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.16% increase over the same period a year ago. The previous trading day's last sale of ADP was $86.09, representing a -5.05% decrease from the 52 week high of $90.67 and a 33.91% increase over the 52 week low of $64.29. ADP is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Cognizant Technology Solutions Corporation ( CTSH ). ADP's current earnings per share, an indicator of a company's profitability, is $3.16. Zacks Investment Research reports ADP's forecasted earnings growth in 2016 as 11.71%, compared to an industry average of 5.6%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-03-09,73.9708,74.317,73.7095,74.3081, ADP,2016-03-10,74.7322,75.1986,73.1277,73.8584,"Leidos Holdings, Inc. (LDOS) Ex-Dividend Date Scheduled for March 11, 2016 Leidos Holdings, Inc. ( LDOS ) will begin trading ex-dividend on March 11, 2016. A cash dividend payment of $0.32 per share is scheduled to be paid on March 30, 2016. Shareholders who purchased LDOS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that LDOS has paid the same dividend. The previous trading day's last sale of LDOS was $45.54, representing a -23.49% decrease from the 52 week high of $59.52 and a 20.51% increase over the 52 week low of $37.79. LDOS is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). LDOS's current earnings per share, an indicator of a company's profitability, is $2.31. Zacks Investment Research reports LDOS's forecasted earnings growth in 2016 as %, compared to an industry average of 4.7%. For more information on the declaration, record and payment dates, visit the LDOS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to LDOS through an Exchange Traded Fund [ETF]? The following ETF(s) have LDOS as a top-10 holding: iShares Morningstar Small-Cap Value ETFnd ( JKL ). The top-performing ETF of this group is JKL with an decrease of -2.38% over the last 100 days. It also has the highest percent weighting of LDOS at 0.86%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-03-11,74.8209,75.8416,74.2656,75.6513,"CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for March 14, 2016 CSG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on March 14, 2016. A cash dividend payment of $0.185 per share is scheduled to be paid on March 31, 2016. Shareholders who purchased CSGS prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.71% increase over the prior quarter. The previous trading day's last sale of CSGS was $36.5, representing a -11.26% decrease from the 52 week high of $41.13 and a 27.22% increase over the 52 week low of $28.69. CSGS is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). CSGS's current earnings per share, an indicator of a company's profitability, is $1.55. Zacks Investment Research reports CSGS's forecasted earnings growth in 2016 as -2.63%, compared to an industry average of 5.4%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-03-14,75.252,75.8022,75.0449,75.6513, ADP,2016-03-15,75.0271,75.7095,74.9057,75.6947, ADP,2016-03-16,75.4087,76.1829,75.1661,75.9925, ADP,2016-03-17,76.0754,77.2313,75.9551,77.0132, ADP,2016-03-18,77.3604,77.3604,76.3022,76.8408,"Computer Task Group, Incorporated (CTG) Ex-Dividend Date Scheduled for March 21, 2016 Computer Task Group, Incorporated ( CTG ) will begin trading ex-dividend on March 21, 2016. A cash dividend payment of $0.06 per share is scheduled to be paid on April 06, 2016. Shareholders who purchased CTG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that CTG has paid the same dividend. The previous trading day's last sale of CTG was $5.23, representing a -37.84% decrease from the 52 week high of $8.41 and a 11.28% increase over the 52 week low of $4.70. CTG is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). CTG's current earnings per share, an indicator of a company's profitability, is $.32. Zacks Investment Research reports CTG's forecasted earnings growth in 2016 as -47.15%, compared to an industry average of 10.8%. For more information on the declaration, record and payment dates, visit the CTG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-03-21,76.4679,77.4374,76.4057,77.1582,"Convergys Corporation (CVG) Ex-Dividend Date Scheduled for March 22, 2016 Convergys Corporation ( CVG ) will begin trading ex-dividend on March 22, 2016. A cash dividend payment of $0.08 per share is scheduled to be paid on April 08, 2016. Shareholders who purchased CVG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CVG has paid the same dividend. The previous trading day's last sale of CVG was $26.83, representing a -0.73% decrease from the 52 week high of $27.03 and a 30.43% increase over the 52 week low of $20.57. CVG is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). CVG's current earnings per share, an indicator of a company's profitability, is $1.67. Zacks Investment Research reports CVG's forecasted earnings growth in 2016 as 7.67%, compared to an industry average of 4.3%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-03-22,76.9688,77.1582,76.6404,76.8408,"Evolving Systems, Inc. (EVOL) Ex-Dividend Date Scheduled for March 23, 2016 Evolving Systems, Inc. ( EVOL ) will begin trading ex-dividend on March 23, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on April 01, 2016. Shareholders who purchased EVOL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that EVOL has paid the same dividend. The previous trading day's last sale of EVOL was $5.7, representing a -44.39% decrease from the 52 week high of $10.25 and a 15.15% increase over the 52 week low of $4.95. EVOL is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). EVOL's current earnings per share, an indicator of a company's profitability, is $.32. Zacks Investment Research reports EVOL's forecasted earnings growth in 2016 as -6.25%, compared to an industry average of 12.5%. For more information on the declaration, record and payment dates, visit the EVOL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-03-23,76.7707,76.9688,76.4679,76.744, ADP,2016-03-24,76.4837,76.9511,76.0832,76.9343,"Why International Business Machines Corp. Ranks Among Top Dow Picks (IBM) InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips A study of analyst recommendations at the major brokerages shows that International Business Machines Corp . ( IBM ) is the #25 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average , according to ETF Channel . Within the broader S&P 500 , when components were ranked in terms of analyst favorites, IBM claims the #390 spot. In forming this rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components were ranked according to those averages. Investors often interpret analyst opinions from different angles - when companies have a low rank among analysts, it isn't necessarily the case that investors should conclude that the stock will perform poorly. It can, of course, but a bullish investor could also take the contrarian angle and read into the data that there is lots of room for upside because the stock is so out of favor. START SLIDESHOW : 15 Forgotten Giants of the S&P 500: Analysts' Current Least Favorites » From the other direction, a popular analyst pick could mean that many sharp minds individually came to the same bullish conclusion, and therefore the stock should do well, but it could also mean that if the company stumbles, that would come as a negative surprise. For these reasons, we at ETF Channel find value to putting together these rankings, because both the top and the bottom ends of the list can often make for some interesting stock picking ideas for further research. More From InvestorPlace The 10 Best Index Funds to Buy No Matter WHAT the Market Is DoingThe 7 Best Mutual Funds for the Most Frugal Investors7 A-Rated Cheap Stocks Under $10 The post Why International Business Machines Corp. Ranks Among Top Dow Picks (IBM) appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-03-28,76.9768,77.1168,76.4837,76.5438,"[""Paychex (PAYX) to Report Q3 Earnings: A Surprise in Store? Paychex Inc.PAYX is set to report third-quarter fiscal 2016 results on Mar 30. Last quarter, the payroll and human resource solutions provider posted a positive earnings surprise of 1.96%. It is worth noting that the company has outperformed the Zacks Consensus Estimate in two out of the preceding four quarters with an average positive earnings surprise of 0.98%. Let us see how things are shaping up for this announcement. Factors at Play We are encouraged by Paychex's investments in product development and focus on growing its sales force to boost revenues. We also believe that the company's expansionary initiatives, such as joint ventures and acquisitions, are in tune with its long-term growth strategy. Further, one of the key secular growth drivers of Paychex is the demand for outsourcing. Human Resource Services outsourcing is a large, less-than-half-penetrated market that offers significant cost-cutting potential. Moreover, the growing regulatory burden on small companies signifies that the need to outsource non-core activities is increasing. The company continues to capitalize on this opportunity by introducing products and services regularly for upselling to the client base and moving into the mid-market which should aid results in the to-be-reported quarter. However, sluggish economic growth and a possible rise in interest rates remain the concerns. Moreover, intensifying competition in the outsourcing space from major players like Automated Data Processing Inc. ADP and Insperity may add to the woes. Earnings Whispers Our proven model does not conclusively show that Paychex will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at 50 cents. Hence, the difference is 0.00%. Zacks Rank: Paychex's Zacks Rank #3, when combined with a 0.00% ESP, makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Stocks to Consider Here are a couple of stocks, which you may consider as our model shows that they have the right combination of elements to post an earnings beat in their upcoming releases: SunEdison Inc. SUNE , with an Earnings ESP of +30.12% and a Zacks Rank #2. Jarden Corp. JAH , with an Earnings ESP of +2.50% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JARDEN CORP (JAH): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report SUNEDISON INC (SUNE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Amdocs Limited (DOX) Ex-Dividend Date Scheduled for March 29, 2016 Amdocs Limited ( DOX ) will begin trading ex-dividend on March 29, 2016. A cash dividend payment of $0.195 per share is scheduled to be paid on April 15, 2016. Shareholders who purchased DOX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 14.71% increase over the prior quarter. The previous trading day's last sale of DOX was $58.93, representing a -4.12% decrease from the 52 week high of $61.46 and a 17.73% increase over the 52 week low of $50.06. DOX is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). DOX's current earnings per share, an indicator of a company's profitability, is $2.85. Zacks Investment Research reports DOX's forecasted earnings growth in 2016 as 5.1%, compared to an industry average of 11.2%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: Market Vectors Israel ETF ( ISRA ) PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an decrease of -6.86% over the last 100 days. ISRA has the highest percent weighting of DOX at 5.33%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-03-29,76.6494,77.5527,76.4994,77.5251,"[""Eyes & Ears Re-focus Back to Janet Yellen Speech Tuesday, March 29, 2016 (This is Mark Vickery covering for Sheraz Mian.) U.S. stock markets have begun this week tepidly, without much movement up or down in this, one of the most volatile starts to a trading year in recent memory. Seems there is something for everyone in the markets of 2016. Aside from the Dow, which currently shows futures down to start Tuesday trading, indexes are again close to unched at this time. Much of this has to do with a speech at the Economic Club over the noon hour (Eastern) by Fed Chair Janet Yellen, where she is expected to address the outlook of the U.S. economy and how it may pertain to raising interest rates. Current expectations are that Yellen will again signal two hikes to interest rates in 2016. Following Yellen's speech, Fed Presidents from San Francisco and Austin will also speak publicly today - John Williams will be addressing an audience in Singapore and Robert Kaplan takes the microphone in Austin, TX. Analysts will then get busy parsing any differences in language used between these two gents and the Chairwoman. All indicators - sometimes from the mouths of the Fed officials themselves - are that any changes made to rates will be slow and gradual. Just days from our next non-farm payroll report, we get an indicator from the Paychex Small Business Index, in which Q1 2016 is the best quarter for small business jobs in 2 years, and up 4 percent over the last 3 years. Seattle performed the best among cities for small biz jobs; Dallas and Tampa also did well. Perhaps this is partly the \""gig economy\"" in action, but we'll get a better picture next week with the ADP and BLS reports. Finally this morning, the latest Case-Shiller Home Price Index has just been released for January. It's a lagging indicator, but historically a very sound one. Year over year, home prices rose 5.4 percent nationally, and 0.5 percent month over month. The 10-City rose 5.1 percent and 0.8 percent, respectively, and the 20-City went to 5.7 percent from this time in 2015 and 0.7 percent from December. Portland, Seattle and San Francisco saw the biggest rises in home prices in the study. Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for March 30, 2016 Pegasystems Inc. ( PEGA ) will begin trading ex-dividend on March 30, 2016. A cash dividend payment of $0.03 per share is scheduled to be paid on April 15, 2016. Shareholders who purchased PEGA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that PEGA has paid the same dividend. The previous trading day's last sale of PEGA was $24.31, representing a -19.58% decrease from the 52 week high of $30.23 and a 19.28% increase over the 52 week low of $20.38. PEGA is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). PEGA's current earnings per share, an indicator of a company's profitability, is $.46. Zacks Investment Research reports PEGA's forecasted earnings growth in 2016 as 44.19%, compared to an industry average of 7.1%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to PEGA through an Exchange Traded Fund [ETF]? The following ETF(s) have PEGA as a top-10 holding: iShares Enhanced U.S. Small-Cap ( IESM ). The top-performing ETF of this group is IESM with an decrease of -3.72% over the last 100 days. It also has the highest percent weighting of PEGA at 1.64%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-03-30,77.7647,77.8269,77.2046,77.2804,"[""ADP Report Won't Cause Payroll Revisions for Friday Wednesday, March 30, 2016 (Note: Mark Vickery did an excellent job holding the fort while I was away.) Stocks are indicated to start today's session in positive territory, with continued Fed-inspired optimism helping sentiment at the open. The positive labor market reading is helping matters as well, as it indicates a best of both worlds for market participants. This morning's jobs report from payroll processor ADP ( ADP ) matched expectations. This report, which serves as a preview for the all-important monthly non-farm payroll report from the U.S. government's Bureau of Labor Statistics, showed gains of 200K in March and the prior-month's 205K (revised lower by 9K). Estimates for the Friday BLS report, which currently stand at 210K per Bloomberg.com for the 'headline' and 200K for the ADP-comparable private-sector jobs, aren't expected to change ahead of that release. The BLS report showed 242K in February, with the unemployment rate remaining unchanged at 4.9%. This is a favorable backdrop for stocks, particularly following Fed Chairwoman Janet Yellen's super-dovish comments on Tuesday that market participants interpreted to mean no imminent rate hikes in the near term. The Fed is responding to a combination of soft domestic economic readings and weakness abroad. Estimates of Q1 GDP growth have been coming down lately, with this week's February consumer spending data pushing the growth pace below the +1% level. This lack of GDP momentum appears to be at odds with what we have been seeing in the labor market, which shows steady progress towards full employment. Given this, Yellen's dovish comments from Tuesday can only mean super cautiousness on the part of the central bank. Market participants are loving it. Sheraz Mian Director of Research Note: In addition to this daily pre-open article about the market, economy, and the corporate earnings picture, Sheraz Mian also provides detailed earnings analysis in his weekly Earnings Trends report. If you want an email notification each time Sheraz Mian publishes a new article, please click here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EPIQ Systems, Inc. (EPIQ) Ex-Dividend Date Scheduled for March 31, 2016 EPIQ Systems, Inc. ( EPIQ ) will begin trading ex-dividend on March 31, 2016. A cash dividend payment of $0.09 per share is scheduled to be paid on May 02, 2016. Shareholders who purchased EPIQ prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that EPIQ has paid the same dividend. At the current stock price of $14.24, the dividend yield is 2.53%. The previous trading day's last sale of EPIQ was $14.24, representing a -23.03% decrease from the 52 week high of $18.50 and a 35.62% increase over the 52 week low of $10.50. EPIQ is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). EPIQ's current earnings per share, an indicator of a company's profitability, is -$.58. Zacks Investment Research reports EPIQ's forecasted earnings growth in 2016 as 177.27%, compared to an industry average of 7.9%. For more information on the declaration, record and payment dates, visit the EPIQ Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex (PAYX) Q3 Earnings Meet; Revenues Beat Estimates Paychex Inc.PAYX reported strong results for third-quarter fiscal 2016 wherein the bottom line matched the Zacks Consensus Estimate while the top line beat the same. Nevertheless, the company marked year-over-year improvement on both the counts. Earnings of 50 cents per share came in line with the Zacks Consensus Estimate and grew 9% year over year mainly on the back of higher revenues. Paychex Inc. (PAYX) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Quarter Details Paychex reported total revenue (including Interest on funds held for clients) of $752.6 million, up 7% year over year. Moreover, it surpassed the Zacks Consensus Estimate of $751 million. Excluding interest on funds held for clients, total services revenue (Payroll service and Human Resource Services) grew 7% year over year to $740.7 million. Payroll Service segment revenues went up 4% from the year-ago period to $439.6 million, primarily on the back of higher revenue per check and client base. Human Resource Services segment revenues rose 12% year over year to $301.1 million mainly driven by solid growth in client base and worksite employees, increased revenues from retirement and online HR administration services. Interest on funds held for clients increased 11% on a year-over-year basis to $11.9 million primarily benefiting from higher average interest rates earned. Paychex's total expenses increased 7% from the year-ago figure to $472.6 million due to 5% rise in compensation-related expenditure. Moreover, total expenses, as a percentage of total revenue, rose 30 basis points (bps) to 62.8%. Consequently, Paychex's operating margin contracted 30 bps to 37.2%. However, in dollar terms, reported operating income increased 6% year over year to $280 million. Net income came in at $180.4 million or 50 cents, up from $169.4 million or 46 cents reported last year. Balance Sheet & Cash Flow Paychex exited fiscal third quarter with cash, cash equivalents and corporate investments of $327.2 million compared with $476.4 million at the end of the previous quarter. The company has no long-term debt. The company generated operating cash flow of $791.2 million in the first three quarters of fiscal 2016. During the first nine months of fiscal 2016, Paychex repurchased approximately $107.9 million common stocks and paid $455 million as dividend. Guidance Paychex reiterated the fiscal 2016 outlook. Management continues to expect 4-5% year-over-year increase in Payroll Service revenues. Human Resource Services revenues are likely to grow in the range of 10-13%. Total service revenue is likely to increase 7-8%. Interest on funds held for clients and investment income are projected to remain flat. Net income is likely to be within 8-9%. Our Take Paychex reported strong third-quarter results with earnings coming in line with the Zacks Consensus Estimate while revenues surpassing the same. Moreover, the company reiterated the optimistic fiscal 2016 guidance, signifying that it is relatively well placed despite the current macroeconomic sluggishness. Furthermore, we are encouraged by Paychex's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives, such as joint ventures and acquisitions, support the long-term growth strategy. Product launches are expected to be the other growth drivers. Moreover, Paychex's focus on small- and mid-sized businesses looking for HR solutions could provide growth opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity NSP remain the concerns. Currently, Paychex has a Zacks Rank #3 (Hold). A better-ranked stock worth considering in the outsourcing industry is Convergys Corporation CVG sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report CONVERGYS CORP (CVG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-03-31,77.2125,78.0182,77.2125,77.7647,"[""How to Invest in Who\u2019s Hiring Today InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips In March, more businesses put up \""help wanted\"" signs in their windows. According to Wednesday's Automatic Data Processing ( ADP ) report, the private sector added approximately 200,000 jobs this past month. That's good news for a number of reasons. First off, the ADP report is a precursor to Friday's official Unemployment Rate report from the U.S. Bureau of Labor Statistics. Usually, we can count on the Unemployment Rate report to reflect similar growth data as today's ADP Jobs Report. The reason for this is simple. You might be familiar with the ADP acronym from your own paystubs. ADP processes the vast majority of payroll data in the United States. That means most new jobs added each month go through this company's system. That gives ADP great insight into the actual numbers the Bureau of Labor Statistics will pull from U.S. companies' official hiring records. Given this positive trend, that's good news for the U.S. economy and for American investors. What we're actually seeing in the ADP Report today is further proof that American economy hasn't been caught up in the global slowdown or the stock market's recent uncertainty. Most American employers appear undeterred by the broader market's fears. That bodes well for U.S. consumer spending, which of course bodes well for American companies in general. The more people are working in the United States, the greater the U.S. wage pool. That means more discretionary income for U.S. consumers, which will add up to greater overall economic expansion in the U.S. as a whole. I'm certainly looking forward to seeing the eventual effect another month of solid job growth will have on U.S. companies' profits. And as investors we can capitalize on these positive hiring trends here in the United States. Today, I want to direct you towards five great companies that are themselves looking to add significantly to their workforces in the coming weeks and months. These five companies are: United Parcel Service, Inc. ( UPS ), looking to add a massive 9,978 jobs to their payroll, and it's maintaining an A-rating in my Portfolio Grader tool. UnitedHealth Group Inc ( UNH ). This B-rated company is looking to add an incredible 5,715 jobs to its payroll. A-rated giantAT&TInc. ( T ) is looking to add a massive 2,461 jobs in the coming months. T-Mobile US Inc ( TMUS ) maintains a solid B-rating and is looking to add a cool 986 jobs. And finally A-ratedNorthrop Grumman Corporation ( NOC ) wants to add 914 jobs to their payroll in the coming months. I certainly hope when you see the official numbers in Friday's U.S. Labor Report, you'll remember this sneak peek we got today from ADP and consider taking a closer look at these five profitable companies significantly adding to their own payrolls today. More From InvestorPlace 10 Stellar Dow Jones Stocks to Buy for Q2 10 Blue-Chip Stock Charts to Watch in Q2 10 Dividend Stocks to Buy for the Second Quarter The post How to Invest in Who's Hiring Today appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for April 01, 2016 Computer Sciences Corporation ( CSC ) will begin trading ex-dividend on April 01, 2016. A cash dividend payment of $0.14 per share is scheduled to be paid on April 29, 2016. Shareholders who purchased CSC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -39.13% decrease from the same period a year ago. The previous trading day's last sale of CSC was $34.03, representing a -52.17% decrease from the 52 week high of $71.15 and a 40.21% increase over the 52 week low of $24.27. CSC is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). CSC's current earnings per share, an indicator of a company's profitability, is $.16. Zacks Investment Research reports CSC's forecasted earnings growth in 2016 as -46.72%, compared to an industry average of 4.2%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CSC through an Exchange Traded Fund [ETF]? The following ETF(s) have CSC as a top-10 holding: Guggenheim S&P Midcap 400 Pure Value ETF ( RFV ) iShares S&P Mid-Cap 400 Value ETF ( IJJ ) SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value ( MDYV ). The top-performing ETF of this group is IJJ with an decrease of -0.72% over the last 100 days. RFV has the highest percent weighting of CSC at 1.46%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSRA Inc. (CSRA) Ex-Dividend Date Scheduled for April 01, 2016 CSRA Inc. ( CSRA ) will begin trading ex-dividend on April 01, 2016. A cash dividend payment of $0.1 per share is scheduled to be paid on April 29, 2016. Shareholders who purchased CSRA prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of CSRA was $27.19, representing a -18.69% decrease from the 52 week high of $33.44 and a 29.6% increase over the 52 week low of $20.98. CSRA is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). For more information on the declaration, record and payment dates, visit the CSRA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-04-01,76.9256,78.3378,76.9256,78.2461,"Noteworthy ETF Inflows: ACWV, ADP, ED, KMB Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI All Country World Minimum Volatility ETF (Symbol: ACWV) where we have detected an approximate $95.5 million dollar inflow -- that's a 3.7% increase week over week in outstanding units (from 35,300,000 to 36,600,000). Among the largest underlying components of ACWV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is trading flat, Consolidated Edison, Inc. (Symbol: ED) is down about 0.4%, and Kimberly-Clark Corp. (Symbol: KMB) is up by about 0.1%. For a complete list of holdings, visit the ACWV Holdings page » The chart below shows the one year price performance of ACWV, versus its 200 day moving average: Looking at the chart above, ACWV's low point in its 52 week range is $58.12 per share, with $74.41 as the 52 week high point - that compares with a last trade of $73.02. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-04-04,78.0872,78.3653,77.5626,77.7647,"Welcome News on the Jobs Front InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips This week, instead of my usual economic digest, I'm going to focus on the U.S. jobs picture. After all, we've just received not one-but three separate market-moving reports on the labor market: ADP's ( ADP ) payroll report on Wednesday, the weekly jobless claims report and the Labor Department's payroll report on Friday. ADP Payrolls ADP's report came as a pleasant surprise; according to the payroll company, the private sector added 200,000 jobs in March. This was above economists' predictions of 194,000 jobs for the month, and it helped to give the market a boost on Wednesday. Jobless Claims On the other hand, the weekly jobless claims report was a less welcome surprise. Initial claims for unemployment increased 11,000 last week-economists had forecasted that claims would stay unchanged. Unemployment Rate Report Fortunately, Friday's Unemployment Rate report from the Labor Department was generally positive. In March, 215,000 payroll jobs were created. This was higher than the consensus estimate of 213,000 payroll jobs. Meanwhile, average hourly earnings rose by 7 cents to $25.43 per hour. Better yet, the labor force participation rate climbed to 63%, the highest level in two years. 10 Stellar Dow Jones Stocks to Buy for Q2 However, the fact remains that the unemployment rate ticked up from 4.9% in February to 5.0% in March. In addition, the average workweek remained unchanged at 34.4 hours. The Bottom Line on Jobs If I were to sum up these three reports, I'd call these ""Goldilocks"" results. The results weren't too hot, or too cold, but just right to encourage the Fed to remain very accommodative. More From InvestorPlace 10 Blue-Chip Stock Charts to Watch in Q2 10 Dividend Stocks to Buy for the Second Quarter 7 A-Rated Stocks to Buy and Hold for Q2 and Beyond! The post Welcome News on the Jobs Front appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-04-05,78.6178,78.6178,77.4935,77.7993,"[""Great Dividend Stocks for a Rocky Market With stocks slumping over the past year and the market gyrating wildly so far in 2016, it looks like a good time to settle down with solid, dividend-paying stocks. If share prices resume their slide, dividends can provide some income to cushion the losses. And small but regular dividend payments can add up to big gains over time. Historically, dividends have generated about 40% of the market's total returns (the rest has come from price gains). Moreover, dividend payers tend to lose less than nonpayers during downturns and vault ahead of the broader market over long stretches. One knock on dividend stocks is that they'll falter if interest rates turn up. Stocks bought mainly for their payouts become less attractive than bonds as rates climb, the argument goes, so the share prices must come down to bring their yields closer in line with those of fixed-income investments. And high-yield stocks tend to be more sensitive to that effect. But with the economy looking feeble, rates aren't likely to rise much this year. We chose five firms that are steadily boosting earnings and dividends along the way, measures that should help lift their stock prices, along with two high-yield stocks that seem worth the extra risk. Symbol: T Price: $37 Yield: 5.1% Decades ago, one of the best ways to scoop up dividends was to own stock in the Bell System phone monopoly. Today, Ma Bell's offspring AT&T remains a sturdy dividend play. Its 5.1% dividend yield towers over the 2.3% yield of the S&P 500 and is nearly three times the yield of the benchmark 10-year Treasury bond. AT&T should also hold steady in times of trouble. Over the past year, while the S&P 500 has lost 4.0%, the stock has returned 13.7% (including dividends). The second-largest provider of wireless service in the U.S., behind Verizon Communications ( VZN ), AT&T aspires to be more than just a phone company. It acquired DirecTV in 2015 to deliver satellite television services, aiming to defend its turf against cable providers and Verizon. Folding in DirecTV--and offering unlimited data to customers who buy both TV and phone service--should help AT&T hold on to \""higher-value subscribers,\"" says James Moorman, an analyst with brokerage firm D.A. Davidson. AT&T's spending spree has saddled it with $126 billion in debt. But analysts say AT&T should have no trouble handling debt payments as revenues and profits pick up. Wall Street expects the company to book $168 billion in sales this year, up 14% from 2015. With earnings forecast to hit $2.85 per share in 2016, AT&T can easily afford its $1.92-per-share annual dividend, which analysts expect to edge up to $1.96 per share in 2017. One big fan of AT&T: Warren Buffett, who bought 59.3 million shares last year. SEE ALSO: 8 Stocks Warren Buffett Is Buying (or Should Be) Symbol: ADP Price: $87 Yield: 2.4% As the country's largest private payroll processor, ADP is riding a hiring wave that has seen the U.S. add an average of 228,000 jobs per month over the past three months. The company's payroll customers stick with ADP for an average of 12 years, providing a steady base of revenues. The firm has also expanded into other business services, including the administration of human-resources benefits. And ADP will benefit from higher short-term interest rates (whenever they come) because they will increase the income it receives from holding customers' payroll cash. ADP's profits would suffer if hiring slowed or the economy slipped into a recession. Assuming that doesn't happen, analysts predict that ADP's earnings per share will jump 12% in the fiscal year that ends this June and 14% in the June 2017 year. ADP is also a dividend champ: It has hiked its payout for 41 years in a row--a streak in no danger of ending. Paying about two-thirds of its earnings as dividends, ADP should have plenty of room to increase its payout down the line. Symbol: CSCO Price: $27 Yield: 3.9% The stock of networking-equipment maker Cisco has been a dud since the dot-com boom ended in early 2000. But Cisco is a tech survivor with huge financial muscles. It recently lifted its quarterly dividend by 24%, to 26 cents per share, and it authorized a new $15 billion stock-buyback program--moves that have helped the stock top the market so far this year. Sales of Cisco's networking gear aren't expanding fast. But the firm has branched out into areas with greater potential. It plans to spend $1.4 billion to buy Jasper Technologies, a start-up involved in the \""Internet of Things,\"" which connects everything from cars to medical devices to the Web. Cisco has also bulked up its offering of services, security software and other products, spreading its bets across an array of tech businesses. Wall Street expects Cisco's earnings per share to rise just 4% in the fiscal year that ends this July. But profits should expand at a faster rate in the years ahead as Cisco's tech bets start to pay off. Brian White, an analyst at brokerage Drexel Hamilton, sees the stock hitting $34 over the next 12 months. SEE ALSO: Best Nasdaq Stocks for Dividends Symbol: KHC Price: $78 Yield: 3.0% Buffett's Berkshire Hathaway ( BRK.B ) doesn't pay dividends. But Buffett likes companies that do--one reason he owns a major stake in Kraft Heinz. Buffett helped engineer the combination of the two food-industry stalwarts, first by buying Heinz and then merging it with Kraft Foods in 2015, creating a packaged-food giant with more than $27 billion in annual sales. One reason to like the stock now is that it's a \""self-help\"" story, says Pablo Zuanic, an analyst with brokerage Susquehanna Financial. Although sales are barely growing, the firm should be able to boost its bottom line with cost cuts as the companies combine manufacturing facilities and slash duplicate overhead. Zuanic estimates that those savings could hit 10% to 12% of annual sales, much more than the 8% the company anticipates. If Kraft Heinz does slim down that much, Zuanic figures that it could earn $5 per share by 2019, which would justify the stock reaching $98 within a year. Even if those targets seem like a stretch, the company should stay solidly profitable. Analysts see the firm earning $2.96 per share this year and $3.72 in 2017--easily covering the annual dividend of $2.32. QUIZ: How Well Do You REALLY Know Warren Buffett? Symbol: LMT Price: $218 Yield: 3.0% Assuming world peace doesn't suddenly arrive, sales should remain robust for Lockheed Martin. The company is the leading contractor for the largest weapons program in Pentagon history--a roughly $400 billion multiyear plan to build more than 2,400 F-35 fighter jets. Lockheed's lineup also includes combat ships, missile systems and a spacecraft it's building with NASA for an upcoming journey to Mars. The company has expanded into high-tech areas such as cybersecurity and biometrics. And Lockheed expects to expand business at helicopter maker Sikorsky, which it acquired last year in a deal that cost $7.1 billion after tax benefits. Lockheed's stock may slump if defense budgets rise less than expected. But it's more likely that U.S. defense spending will pick up, after years of congressionally mandated spending caps. Wall Street estimates that Lockheed will earn $11.80 per share in 2016, up 9% from 2015, and $13.70 in 2017, a sturdy 16% gain. Overall, the stock is a \""high-quality play in the defense industry,\"" says RBC Capital Markets analyst Robert Stallard, who sees the shares hitting $244 over the next 12 months. SEE ALSO: 12 Stocks to Earn Dividends Every Month Symbol: PFE Price: $30 Yield: 4.0% Pfizer is trying to combine with Botox maker Allergan ( AGN ) in a $160 billion deal that would create the world's largest drug firm. The merger is controversial because the smaller Allergan would buy New York-based Pfizer, and the combined companies would be headquartered at Allergan's address in Dublin, Ireland. Known as a \""tax inversion,\"" the deal would cut Pfizer's U.S. tax bill. Pfizer says it sees no legal hurdles to the merger, which it aims to close in the second half of 2016. But regulators may still try to block it. Although the deal would be a win for both firms, Pfizer looks compelling without Allergan. The company is lifting revenues with several recently launched drugs, such as pneumonia vaccine Prevnar 13, cancer drug Ibrance and blood thinner Eliquis. With its 2015 acquisition of Hospira, Pfizer entered the market for generic versions of biotech drugs, which could be another big source of revenues. Pfizer also supplies consumer products, such as Advil and Centrum, although it may sell the division that makes them to focus more on its core pharmaceutical business. Pfizer's earnings aren't likely to climb more than 5% this year, partly because the dollar is crimping profits earned in foreign currencies. But analysts see profits rising 8% in 2017. \""In this environment, people want stability in a stock, and Pfizer falls into that camp,\"" says Ari Sass, comanager of the M.D. Sass Equity Income Plus Fund. Symbol: HCN Price: $66 Yield: 5.2% Since 2007, Welltower has shelled out more than $27 billion to amass an enormous collection of health care-related real estate. Its roughly 1,400 properties range from outpatient medical facilities to assisted-living housing for seniors. In addition, Welltower generates about one-third of its revenues from managing senior housing, which gives it more ways to lift profits than just being a landlord. As a REIT, Welltower must pay at least 90% of pretax income as dividends, and those payouts have risen steadily. Since 2009, Welltower's dividend has escalated from $2.72 per share to an annual rate of $3.44--a 26% gain. REITs do face some steep hurdles. Higher interest rates would pressure their profits and could result in reduced property values. Health care REITs could slump if the government trims spending on Medicare and Medicaid. Moreover, some analysts worry that a glut of senior housing will squeeze rents. But Welltower appears to be insulated from some of these pitfalls. Private insurance and payments from individuals account for 87% of its revenues, protecting the firm against government spending cuts. Most of its senior housing is in markets without much competition from new properties, says brokerage Canaccord Genuity. What's more, Welltower is financially healthy enough to buy more real estate and boost dividend income. Over the next 12 months, Canaccord figures that the stock could hit $79--a 20% increase from the current price, on top of the plump dividend yield. SEE ALSO: 8 Great Dividend Stocks for Retirees The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Automatic Data Processing is a Top Socially Responsible Dividend Stock (ADP) Automatic Data Processing Inc. (Symbol: ADP) has been named a Top Socially Responsible Dividend Stock by Dividend Channel , signifying a stock with above-average ''DividendRank'' statistics including a strong 2.4% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society - for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel , Automatic Data Processing Inc. is a member of the iShares MSCI KLD 400 Social Index Fund ETF ( DSI ), making up 0.50% of the underlying holdings of the fund, which owns $2,485,441 worth of ADP shares. The annualized dividend paid by Automatic Data Processing Inc. is $2.12/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/09/2016. Below is a long-term dividend history chart for ADP, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. ADP operates in the Information Technology Services sector, among companies like International Business Machines Corp. ( IBM ), and Accenture plc ( ACN ). Top 25 Socially Responsible Dividend Stocks - Income To Feel Good About \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-04-06,77.752,78.8358,77.4452,78.745,"Daily Dividend Report: STZ, ADP, IR, ROK, GPN, MUR Constellation declared a quarterly cash dividend of $0.40 per share of Class A Common Stock and $0.36 per share of Class B Common Stock, payable on May 24, 2016, to stockholders of record as of the close of business on May 10, 2016. This represents a 29 percent increase in the dividend rate per share for both the Class A and Class B Common Stock. Automatic Data Processing ( ADP ) has declared a regular quarterly dividend of 53 cents per share payable July 1, 2016 to shareholders of record on June 10, 2016. Ingersoll-Rand ( IR ) declared a quarterly dividend of $0.32 cents per ordinary share, payable June 30, 2016, to shareholders of record on June 10, 2016. Rockwell Automation declared a quarterly dividend of 72.5 cents per share on its common stock, payable on June 10, 2016 to shareowners of record at the close of business on May 16, 2016. Global Payments' Board of Directors approved a fiscal 2016 third quarter dividend of $0.01 per share payable May 27, 2016 to shareholders of record as of May 13, 2016. Murphy Oil Corporation ( MUR ) declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.35 per share, or $1.40 per share on an annualized basis. The dividend is payable June 1, 2016, to holders of record May 16, 2016. VIDEO: Daily Dividend Report: STZ, ADP, IR, ROK, GPN, MUR The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-04-07,78.0784,78.4087,77.5074,77.8456, ADP,2016-04-08,78.2933,78.608,77.965,78.3023, ADP,2016-04-11,78.8428,78.8762,77.752,77.7647,"Noteworthy ETF Inflows: ACWV, ADP, MCD, PG Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI All Country World Minimum Volatility ETF (Symbol: ACWV) where we have detected an approximate $66.1 million dollar inflow -- that's a 2.5% increase week over week in outstanding units (from 36,600,000 to 37,500,000). Among the largest underlying components of ACWV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is up about 0.6%, McDonald's Corp (Symbol: MCD) is trading flat, and Procter & Gamble Co. (Symbol: PG) is lower by about 0.3%. For a complete list of holdings, visit the ACWV Holdings page » The chart below shows the one year price performance of ACWV, versus its 200 day moving average: Looking at the chart above, ACWV's low point in its 52 week range is $58.12 per share, with $74.41 as the 52 week high point - that compares with a last trade of $73.85. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-04-12,77.9561,78.1553,77.5074,78.1109,"SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) Ex-Dividend Date Scheduled for April 13, 2016 SCIENCE APPLICATIONS INTERNATIONAL CORPORATION ( SAIC ) will begin trading ex-dividend on April 13, 2016. A cash dividend payment of $0.31 per share is scheduled to be paid on April 29, 2016. Shareholders who purchased SAIC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that SAIC has paid the same dividend. At the current stock price of $52.24, the dividend yield is 2.37%. The previous trading day's last sale of SAIC was $52.24, representing a -4.53% decrease from the 52 week high of $54.72 and a 32.99% increase over the 52 week low of $39.28. SAIC is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). SAIC's current earnings per share, an indicator of a company's profitability, is $2.62. Zacks Investment Research reports SAIC's forecasted earnings growth in 2017 as 11.64%, compared to an industry average of 12.6%. For more information on the declaration, record and payment dates, visit the SAIC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SAIC through an Exchange Traded Fund [ETF]? The following ETF(s) have SAIC as a top-10 holding: WisdomTree U.S. SmallCap Quality Dividend Growth Fund ( DGRS ). The top-performing ETF of this group is DGRS with an increase of 2.01% over the last 100 days. It also has the highest percent weighting of SAIC at 1.3%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-04-13,78.4867,78.4867,77.7589,78.2282, ADP,2016-04-14,78.4777,78.5783,77.9827,78.2461, ADP,2016-04-15,78.7362,78.7362,77.7993,78.1484,"[""Compass Point Initiates Financial Technology Names"", ""Compass Point Initiates Coverage on Automatic Data Processing at Sell, Announces $76.00 PT"", ""Compass Point Initiates Coverage on Automatic Data Processing at Sell, Announces $76.00 PT"", ""Compass Point Initiates Financial Technology Names"", ""Compass Point Initiates Coverage on Automatic Data Processing at Sell, Announces $76.00 PT"", ""Compass Point Initiates Financial Technology Names""]" ADP,2016-04-18,77.9827,78.6781,77.7647,78.6257, ADP,2016-04-19,78.8852,78.8852,78.2519,78.6612, ADP,2016-04-20,78.608,78.7026,78.103,78.1208, ADP,2016-04-21,78.5547,78.6357,77.3515,77.4541, ADP,2016-04-22,77.249,77.8554,77.0586,77.7174, ADP,2016-04-25,77.6178,77.6986,77.1484,77.6533,"Equifax (EFX) Poised for Q1 Earnings Beat: Stock to Gain? We expect Equifax Inc.EFX to beat expectations when it reports first-quarter 2016 results on Apr 27. Why a Likely Positive Surprise? Our proven model shows that Equifax is likely to beat earnings because it has the right combination of two key ingredients. Zacks ESP: The Earnings ESP , which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is 1.74%. This is very meaningful and a leading indicator of a likely positive earnings surprise for the company. Zacks Rank: Equifax carries a Zacks Rank #2 (Buy). Note that stocks with a Zacks Rank #1 (Strong Buy), #2 or #3 (Hold) have a significantly higher chance of beating earnings. Sell-rated stocks (#4 or #5), on the other hand, should never be considered going into an earnings announcement, especially when the company is witnessing negative estimate revisions. The combination of Equifax Zacks Rank #2 and 1.74% ESP makes us reasonably confident of an earnings beat on Apr 27. The stock closed at $115.71 last Friday. We expect a Q1 earnings beat to positively influence the stock price. What is driving the Better-than-Expected Earnings? Equifax is a leading information services provider for consumers and businesses. The company reported better-than-expected fourth-quarter 2015 results, which also showed a year-over-year improvement. Backed by the strong results, Equifax raised its full-year earnings outlook and issued an encouraging guidance for the first quarter. Management's efforts, such as strategic initiatives for product innovation, expansion of data assets through acquisitions, and continuous share gains in North America, are encouraging. Also, Equifax's strong correlation to consumer and financial markets, along with its exposure to the U.S. and European markets are likely to fuel growth, going ahead. We believe that these factors will boost the company's performance in the to-be-reported quarter. Notably, Equifax has been pursuing strategic acquisitions to supplement its core business. During the first quarter, the company acquired Veda Group Limited, a leading Australian credit information provider, which should be accretive to its bottom line. Moreover, in 2014, Equifax acquired two companies - TDX Group, a UK-based debt management firm, and Forseva, a provider of cloud-based credit management software solutions. The company expects to derive 1-2% revenue growth from these buyouts over the long term. Apart from this, Equifax expands internationally through joint ventures that contain its operating costs and do not require integration time while diversifying the revenue source. However, intense competition from peers such as Automatic Data Processing Inc. ADP , Fiserv Inc., Moody's Corp., and uncertainty in the mortgage sector remain major concerns. Other Stocks to Consider Here are a few other companies which you may consider, as our model shows that they too have the right combination of elements to post an earnings beat this quarter: Barracuda Networks Inc. CUDA , with an Earnings ESP of +200.00% and a Zacks Rank #1. Benefitfocus Inc. BNFT , with an Earnings ESP of +4.00% and a Zacks Rank #1. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQUIFAX INC (EFX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report BENEFITFOCUS (BNFT): Free Stock Analysis Report BARRACUDA NTWRK (CUDA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-04-26,77.8614,78.3023,77.4304,77.8554,And then There Were Two: Exxon Loses Triple-A Rating Exxon Mobil (XOM) has lost its coveted triple-A credit rating. Standard and Poor's lowered its rating one notch to double-A-plus on Tuesday due to its expectations that oil and gas prices will stay low and the company's financial results will no longer be strong enough to qualify for the highest rating through 2018.Now Johnson & Johnson (JNJ) and Microsoft (MSFT) are the only two companies with triple-A credit ratings left. Automatic Data Processing (ADP) lost its triple-A rating two years ago. Read More» ADP,2016-04-27,77.7825,78.4087,77.6789,78.1208,"[""Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for April 28, 2016 Simulations Plus, Inc. ( SLP ) will begin trading ex-dividend on April 28, 2016. A cash dividend payment of $0.05 per share is scheduled to be paid on May 09, 2016. Shareholders who purchased SLP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that SLP has paid the same dividend. At the current stock price of $8.59, the dividend yield is 2.33%. The previous trading day's last sale of SLP was $8.59, representing a -27.75% decrease from the 52 week high of $11.89 and a 55.62% increase over the 52 week low of $5.52. SLP is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). SLP's current earnings per share, an indicator of a company's profitability, is $.27. Zacks Investment Research reports SLP's forecasted earnings growth in 2016 as 26.09%, compared to an industry average of 7.1%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Exxon Mobil\u2019s downgrade leaves just two AAA-rated companies in the U.S. S&P pulled the trigger on Exxon\u2019s rating in light of weak oil prices The credit market is not immune from secular industry changes and deep cyclical troughs, says analyst.""]" ADP,2016-04-28,76.1454,78.7904,75.7667,77.24,"[""Earnings Scheduled For April 28, 2016"", ""ADP Reports Q1 EPS $1.17 vs $1.18 Est., Sales $3.2B vs $3.27B Est."", ""ADP Reports Q1 EPS $1.17 vs $1.18 Est., Sales $3.2B vs $3.27B Est."", ""Earnings Scheduled For April 28, 2016"", ""Automatic Data Processing (ADP) Q3 Earnings & Sales Lag Automatic Data Processing Inc.ADP reported third-quarter fiscal 2016 earnings from continuing operations of $1.17 per share, missing the Zacks Consensus Estimate by a penny. Earnings, however, improved 13.6% year over year. Automatic Data Processing Inc. (ADP) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Operational Details Quarterly revenues of $3,248.6 million came below the Zacks Consensus Estimate of $3,273 million but grew 7.4% year over year. Employer Services revenues in the quarter increased 5% year over year to $2,576.7 million. PEO Services revenues rose 16% year over year to $866.3 million. In the quarter, combined worldwide new business bookings for the company grew 13% year over year. New business bookings represent annualized recurring revenues expected from new orders. Interest on funds held for clients in the quarter increased nearly 2% to $103 million. The company's average client funds balance increased 2% year over year to $26.7 billion in the quarter while average interest yield was 1.5%. Total expenses in the reported quarter increased 7.5% year over year to $2.5 billion. Balance Sheet Automatic Data Processing exited the quarter with cash and cash equivalents (including short-term marketable securities) of approximately $3 billion compared with $1.7 billion as on Jun 30, 2015. Long-term debt was approximately $2 billion compared with $9.2 million as on Jun 30, 2015. Guidance For fiscal 2016, the company continues to expect revenue growth in the range of approximately 7% over fiscal 2015 (9% on constant currency basis). The guidance includes an expected negative impact of approximately 100 basis points from the sale of the AdvancedMD business. Automatic Data Processing expects earnings per share to grow approximately 12% over fiscal 2015 levels, compared with the earlier projection of 11% to 13%. This represents 50 basis points (bps) expansion in adjusted EBIT margin from 18.8% in fiscal 2015. Worldwide new business bookings are still expected to rise at least 12% from $1.6 billion in fiscal 2015. The company continues to expect Employer Services revenues to grow in the range of 4% to 5% in fiscal 2016 (7% on constant currency basis). The company expects pay per control to increase 2.5% in the year (earlier projection was 2% to 3%). PEO Services revenues are expected to increase 17% (earlier projection was 16% to 18%). In addition, the company continues to expect interest on funds held for clients to remain flat at $378 million in fiscal 2015 (earlier projection was of an increase of $5 million or 1% over 2015 levels). It is based on estimated growth in average client funds balances of 3% to a range of $22.4 billion (earlier it was projected to increase 2% to 4% or $22.3 billion to $22.5 billion). Further, the total contribution from client funds extended investment strategy is still expected to remain flat with fiscal 2015 levels. The guidance excludes the benefit from the sale of ADP's AdvancedMD business and a $14 million benefit from the sale of a building in the second quarter of fiscal 2016. Our Take Automatic Data Processing's business has been impacted by a volatile macroeconomic environment, especially because of the strengthening U.S. dollar. Also, slower-than-expected employee recovery and increasing competition from the likes of Paychex, Equifax EFX , Insperity, Inc. NSP and TriNet Group, Inc. TNET are the other near-term headwinds. Despite a strong customer retention ratio and steady recurring revenues, the company has been seeing some negative impact on its retention rate owing to migration from the legacy business and increasing competition in the sphere. To overcome this to an extent, it has been ramping up its resources in the service-and-support division in tune with growing demand. While we expect the company's continuous investments in these new initiatives to drive growth over the long term, it will weigh on near-term earnings. Nonetheless, its higher revenue per client and lower cost of operations place it in an advantageous position. In addition, the company's stable business, solid free cash flow and high dividend rate make it lucrative to investors. In addition, the company has been benefiting from an increasing demand for its offerings propelled by the Affordable Care Act (ACA) and some other similar bills. Currently, Automatic Data Processing has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQUIFAX INC (EFX): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Technology Sector Update for 04/28/2016: ADP, SYMC Top Technology Stocks: MSFT: -0.5% AAPL: -0.3% IBM: -0.8% CSCO: -0.9% GOOG: +0.4% Technology shares were mainly lower in pre-market trade on Thursday. In technology stocks news, Automatic Data Processing ( ADP ) reported fiscal Q3 earnings rose 9% to $532.5 million and by 14% to $1.17 per diluted share, just shy of the $1.18 average estimate from analysts polled by Capital IQ. Shares in the company were unchanged at $90.12 pre-bell. The stock has traded between $64.29 and $91.00 over the past 52 weeks. And Symantec ( SYMC ) warned Thursday morning it expects Q4 revenue of $873 million, below its previous guidance of $885 to $915 million and the Street consensus of $901 million on Cap IQ. Non-GAAP earnings are seen at $0.22, vs. its prior guidance of $0.24 to $0.27 and the analyst view of $0.25 per share. Shares in the company were 8.8% lower at $16.52 pre-bell. The stock has traded between $16.14 and $26.16 over the past 52 weeks. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Equifax (EFX) Tops Q1 Earnings & Revenues, Lifts FY16 Outlook Equifax Inc.EFX started 2016 on a strong note, starting with better-than-expected results for the first quarter. The company's adjusted earnings per share from continuing operations of $1.23 surpassed the Zacks Consensus Estimate of $1.16 and jumped 15% year over year. Equifax Inc. (EFX) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Details of the Quarter Equifax's revenues of $728.3 million came ahead of both the Zacks Consensus Estimate of $689 million and management's guidance range of $685-$695 million. Additionally, the figure soared 11.7% year over year. From the first quarter onward, the company has been making slight changes in its reportable segments. The U.S. Information Solutions (USIS) and Workforce Solutions remained unchanged, while the name of Personal Solutions has been changed to Global Consumer Solutions. Under the International segment, Equifax has \""created a new Asia Pacific reporting unit, including the Veda acquisition as well as TDX Australia and India operations, which previously were part of the Europe reporting unit.\"" Segment-wise, total USIS revenues were up 4% year over year to $294.9 million. Among its sub-segments, revenue growth was recorded in Online Information Solutions (5%), Mortgage Solutions Services (1%) and Financial Marketing Services (1%). International revenues (including Europe, the Asia-Pacific, Canada and Latin America) surged 17% year over year to $158.1 million. Moreover, on a constant currency basis, revenues climbed 30%. The company registered an increase of 10% in Europe. However, revenues from Latin America and Canada tanked 11% and 10%, respectively. Revenues from the Workforce Solutions segment surged 21% year over year to $180.1 million, primarily on the back of revenue growth of 16% in Verification Services and 29% in Employer Services. Global Consumer Solutions contributed $95.2 million to the total revenue, reflecting a 14% year-over-year jump. Equifax's adjusted operating income increased 23.2% to $222.7 million. Consequently, adjusted operating margin expanded 290 basis points (bps) to 30.6%. Adjusted net income came in at $148.9 million or $1.23 per share, as against $129.7 million or $1.07 per share reported a year ago. Equifax exited the quarter with $96.8 million in cash and cash equivalents, compared with $93.3 million at the end of fourth-quarter 2015. Total long-term debt (excluding current portion) was approximately $1.88 billion. During the quarter, Equifax generated cash flow of $90.3 million from operational activities. The company paid $39.7 million as dividends in the first quarter. Guidance Buoyed by strong first-quarter results, Equifax raised its guidance for the full year. The company now expects revenues between $3.05 billion and $3.15 billion (midpoint: $3.10 billion), up from the earlier projection of $3.0-$3.1 billion (midpoint: $3.05 billion). The revenue outlook at the midpoint is above the Zacks Consensus Estimate of $3.051 billion. Adjusted earnings per share are now forecasted between $5.15 and $5.25 (midpoint: $5.20), up from previous projection of $4.95-$5.05 (midpoint: $5.00). The Zacks Consensus Estimate is pegged slightly higher at $5.04. Coming to the second-quarter outlook, Equifax projects revenues in the range of $795 million to $805 million (midpoint: $800 million), while the Zacks Consensus Estimate is $791 million. Adjusted earnings per share are forecasted between $1.34 and $1.36 (midpoint: $1.35). The Zacks Consensus Estimate is pegged lower at $1.32. Our Take Equifax posted better-than-expected results for the first quarter, which also grew year over year. Moreover, the company issued an encouraging outlook for 2016, wherein both revenues and earnings guidance were above the respective Zacks Consensus Estimate at the midpoint. Management's efforts, such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America, should provide tailwinds. Also, the company's strong correlation with the consumer and financial markets as well as exposure in the U.S. and Europe are likely to propel growth, going ahead. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. FISV Moody's Corp. MCO and uncertainty in the mortgage sector raise concerns. Currently, Equifax has a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Lags on Q3 Earnings & Sales Founded in 1949, New Jersey based- Automatic Data Processing, Inc.ADP is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves approximately 637K clients across 125 nations. The company reports in three business segments - Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. The Employer Services segment includes human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. The Dealer Services segment provides integrated dealer management systems, digital marketing solutions and other business management solutions to the automotive, heavy truck, motorcycle, marine, recreational vehicle (RV), and heavy equipment retailers, distributors, and manufacturers. Zacks Rank : Currently, ADP has a Zacks Rank#3 (Hold) but that could change following its third quarter fiscal 2016 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : ADP's adjusted earnings from continuing operations came in at $1.17 per share, lagging the Zacks Consensus Estimate of $1.18. Earnings also improved 13.6% year over year. Revenue : Revenues of $3,248.6 million came below the Zacks Consensus Estimate of $3,273 million but grew 7.4% year over year. Key Stats : New business bookings increased 13% year over year. Stock Price : Shares prices did not show any movement in the pre-market trading session. Check back later for our full write up on this ADP earnings report later! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Reports Q1 EPS $1.17 vs $1.18 Est., Sales $3.2B vs $3.27B Est."", ""Earnings Scheduled For April 28, 2016""]" ADP,2016-04-29,76.6327,77.0586,76.0832,76.6838,"What's in the Cards for Insperity (NSP) in Q1 Earnings? Insperity, Inc.NSP is set to report first-quarter 2016 results on May 2. Last quarter, the company reported a negative surprise of 21.88%. However, it has delivered an average positive earnings surprise of 3.00% over the trailing four quarters. Let's see how things are shaping up for this announcement. Factors to Consider Though the last quarter's results were below expectations, the company had provided an upbeat outlook for the to-be-reported quarter. Given the cyclical nature of the business, the first quarter has generally been more profitable for Insperity. Apart from the increase in worksite employees (WSE), the company is also expected to gain from the continued migration of users to more high-deductible health plans, which are expected to result in lower opportunity costs in the first quarter. In addition, lower health care costs and payroll taxes along with increased contribution from Strategic Business Units (SBU) are likely to be growth drivers. In March, Insperity partnered with Vistage, which will serve as the company's national sponsor in the Professional Employer Organization (PEO) category. However, the sluggish global macro environment can lead to headcount reductions at client companies. An increase in health care costs does not bode well for Insperity as health care costs are one of the major components of operating expenses. Furthermore, client attrition amid increasing competition from the likes of Automatic Data Processing Inc. ADP and TriNet Group, Inc. TNET remain concerns. For the first quarter of 2016, Insperity projects adjusted earnings in the range of $1.44 -$1.52 a share, reflecting growth of 67% to 77% over the first quarter of 2015. Earnings Whispers Our proven model does not conclusively show that Insperity is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP : Insperity currently has a 0.00% ESP because both the Most Accurate estimate and the Zacks Consensus Estimate stand at $1.39. Zacks Rank : Insperity has a Zacks Rank #3 (Hold), which when combined with a 0.00% ESP, makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Stock to Consider Here is a stock that you may consider as our model shows it has the right combination of elements to post an earnings beat this quarter: Enable Midstream Partners, LP ENBL has an Earnings ESP of +21.05% and a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ENABLE MIDSTRM (ENBL): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-05-02,76.4916,77.6701,76.4679,77.5251, ADP,2016-05-03,77.3151,77.5774,76.1552,76.9857,"[""ADP Shares Have Taken Back Majority of Losses Since Earlier Krebs On Security Report Suggesting ADP User Data Was Stolen"", ""UPDATE: ADP Says Company Working With Federal Law Enforcement Task Force to Identify Fraud Perpetrators -Reuters"", ""UPDATE: ADP Says Company Working With Federal Law Enforcement Task Force to Identify Fraud Perpetrators -Reuters"", ""ADP Shares Have Taken Back Majority of Losses Since Earlier Krebs On Security Report Suggesting ADP User Data Was Stolen"", ""Notable ETF Inflow Detected - USMV, NEM, PEP, ADP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI USA Minimum Volatility ETF (Symbol: USMV) where we have detected an approximate $97.1 million dollar inflow -- that's a 0.8% increase week over week in outstanding units (from 281,400,000 to 283,600,000). Among the largest underlying components of USMV, in trading today Newmont Mining Corp (Symbol: NEM) is down about 1.8%, PepsiCo Inc (Symbol: PEP) is up about 0.4%, and Automatic Data Processing Inc. (Symbol: ADP) is lower by about 0.7%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $26.41 per share, with $44.59 as the 52 week high point - that compares with a last trade of $43.97. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Insperity (NSP) Q1 Earnings Top, Stock Up on Raised View Insperity Inc.NSP reported first-quarter 2016 earnings (including stock-based compensation expense) of $1.53 cents per share that beat the Zacks Consensus Estimate of $1.39 and increased 91.3% on a year-over-year basis. Insperity's revenues of $802.4 million increased 14.7% on a year-over-year basis and handily beat the Zacks Consensus Estimate of $794.6 million. The better-than-expected results were driven by higher average paid worksite employees (up 15%) growth and higher client retention. The company also raised its full year earnings and revenue guidance. Shares closed up 7% yesterday. Quarterly Numbers in Details Insperity's gross margin in the quarter was up 10 basis points from the year-ago quarter to 18.7%. The company's operating expenses (including stock-based compensation) declined 8.8% year over year to $97 million. Operating margin was 6.6% compared with 3.4% in the year-ago period. Insperity exited the quarter with cash, marketable securities and restricted cash of $318.8 million compared with $269.5 million as on Dec 31, 2015. The company repurchased about $3 million worth of stock in the quarter under the Dutch tender offer. Guidance Insperity also provided an outlook for the second quarter and raised its full year 2016 guidance. For the second quarter of 2016, Insperity projects adjusted earnings in a range of 54-62 cents a share. Adjusted EBITDA is projected to be $24 to $27 million and average worksite employees (WSEs) are expected in a range of163,000 to 164,000, representing growth of 14 to 15%. For full year 2016, the company projects adjusted earnings of $3.46 - $3.58 compared with $3.19 -$3.36 a share projected earlier. Adjusted EBITDA is projected to be $141 million to $145 million compared with $134 million to $141 million projected earlier. Average WSEs are expected to be 166,000 to 168,000, representing growth of 14% to 15% compared with 164,800 to 167,700, representing growth of 13% to 15%, expected earlier. Conclusion We believe that the company is likely to benefit from an increase in WSE. In addition, increased contribution from Strategic Business Units (SBUs) is likely to benefit it going ahead. Moreover, as workforce synchronization continues to gain traction with mid-market clients, it will likely benefit Insperity. In December, Insperity had announced a Dutch tender offer under which the company will repurchase $125 million worth of stock. We believe that this is a positive for investors. However, a sluggish global macro environment can lead to headcount reductions at client companies. An increase in health care costs does not bode well for Insperity as these constitute one of the major components of operating expenses. Furthermore, client attrition amid increasing competition from the likes of Automatic Data Processing Inc. ADP and TriNet Group, Inc. TNET remain concerns. Currently, Insperity has a Zacks Rank #3 (Hold). A better-ranked stock in the same space is BG Staffing, Inc. BGSF , sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report BG STAFFING INC (BGSF): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PEO Services Growth Fuels Automatic Data Processing Earnings Image Source: ADP.com. Automatic Data Processing reported 2016 fiscal third-quarter results on April 28. The payroll and human capital management company continues to benefit from the trend toward outsourced HR services. ADP results: The raw numbers Data Source: ADP Q3 2016 earnings press release . What happened with ADP this quarter? Revenue grew 7% year over year to $3.2 billion, and 9% when excluding the effects of foreign exchange movements. Worldwide new business bookings rose 13%. ADP's adjusted pre-tax earnings increased 9% to $806 million -- and 10% on a constant-dollar basis -- as pre-tax margin improved 40 basis points to 24.8%. EPS from continuing operations jumped 14% to $1.17, aided by share buybacks and a lower effective tax rate. Segment results Employer services revenue increased 5% (7% on a constant-dollar basis) to $2.6 billion, with the number of employees on ADP clients' payrolls in the U.S. increasing 2.5%. Employer services client revenue retention and segment margin declined 30 and 40 basis points, respectively, compared with the third quarter of fiscal 2015. PEO [professional employer organization] services revenue jumped 16% to $866 million, with average worksite employees paid increasing 14% to approximately 422,000. In addition, PEO services' segment margin increased by 50 basis points year over year, mostly because of productivity improvements. What management had to say \""ADP's results in the third quarter were solid and reflect investments we've made to support our clients through the first year of [Affordable Care Act] compliance reporting,\"" said CFO Jan Siegmund in a press release. \""On a year-to-date basis, we have made substantial investments in operational resources and additional selling expenses, and have also continued our shareholder friendly actions, returning over $1.7 billion in cash through dividends and share repurchases.\"" Looking forward ADP reiterated its guidance for full-year 2016 bookings growth of 12% over $1.6 billion sold in fiscal 2015. The company also continues to expect revenue to increase about 7%, and 9% on a constant-dollar basis. In addition, ADP narrowed its earnings outlook, with management now anticipating adjusted EPS growth of about 12% (versus its prior forecast of 11% to 13%) and 13% on a constant-dollar basis, compared with its previous range of 12% to 14%. \""We are seeing continued traction for our technology solutions and our robust service offerings, as a growing number of clients adopt new applications or chose our higher-touch HR outsourcing models,\"" added CEO Carlos Rodriguez. \""While sales of additional human capital management modules that assist with the Affordable Care Act, or ACA, compliance continue to boost our performance, we are especially pleased to have seen balanced contributions to growth from across our HCM [human capital management] portfolio.\"" A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . The article PEO Services Growth Fuels Automatic Data Processing Earnings originally appeared on Fool.com. Joe Tenebruso has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . Copyright \u00a9 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: ADP Says Company Working With Federal Law Enforcement Task Force to Identify Fraud Perpetrators -Reuters"", ""ADP Shares Have Taken Back Majority of Losses Since Earlier Krebs On Security Report Suggesting ADP User Data Was Stolen""]" ADP,2016-05-04,76.5616,76.9256,76.1741,76.6237,"Weak ADP Number Shows Slowing Labor Market Wednesday, May 4, 2016 The negative momentum from the last few sessions is expected to remain in place at the open today, with the reemergence of global growth worries raising doubts about the sustainability of the market's rebound from the February lows. Pre-open sentiment indicates negative opens for all the major indexes, which would follow overnight weakness in all global markets. This morning's weaker-than-expected April ADP jobs report likely adds to the global growth worries. The U.S. labor market has been a source of consistent strength and stability in an otherwise uncertain economic backdrop. Even as a number of other key U.S. economic indicators showed weakness and loss of momentum over the last two quarters, the labor market continued to chug along, with all labor market readings like weekly jobless claims, the ADP survey and the monthly non-farm payroll report from the government's Bureau of Labor Statistics (BLS) showing consistent gains month after month. Today's ADP report is the first weak showing on the labor market front, which, if confirmed by the Friday government jobs report, will represent a notable deterioration in the U.S. economic outlook The ADP report shows April private-sector jobs of 156K vs. consensus expectations of 196K and March's 194K (revised down by -6K). This is the lowest monthly tally for the ADP series in three years, with the weakness particularly notable in the goods-producing industries. April witnessed a -13K drop in the tally following a downwardly revised 5K gain in March, while construction added 14K jobs in April following adding 18K in March. Service sector jobs totaled 166K in April vs. 189K in March. Estimates for the Friday BLS report, which currently stand at 200K per Bloomberg.com for the 'headline' and 195K for the ADP-comparable private-sector jobs, will likely come down ahead of that release. The BLS report showed 215K in March, with the unemployment rate ticking up to 5%. The ADP report is supposed to serve as a preview of the more important monthly BLS report. We will see what Friday's BLS report shows. But if the ADP survey is a sign of things to come, then it will have direct Fed implications, particularly when combined with the reemergence of global growth worries in recent days. It is hard to see the market holding onto its gains from the February lows given this backdrop. Sheraz Mian Director of Research Note: In addition to this daily pre-open article about the market, economy, and the corporate earnings picture, Sheraz Mian also provides detailed earnings analysis in his weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz Mian publishes a new article, please click here . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-05-05,75.1335,76.2085,74.7933,74.9433,"[""Market in Wait-and-See Mode Ahead of Gov't Jobs Report Thursday, May 5, 2016 Futures indicate a modestly positive open for the major indexes, following overnight gains in major global markets and positive momentum in oil prices despite Wednesday's negative inventory report. The government jobs report coming out tomorrow is the next key report on the docket. The market seems to be in a wait-and-see mode at present, with a number of macro questions hanging over the outlook. These questions include the Fed uncertainty, worries about the global economic picture and mixed recent U.S. economic data, and the earnings recession that is expected to continue into the June quarter. Tied to all of these interrelated questions is the exchange value of the U.S. dollar, which started losing ground the last few months after persistently moving up over the past year or so. A lot will depend on how the market's Fed view evolves over the coming days, whether it sees the central bank announcing the next second rate hike in June or putting the decision off to a later stage, which many believe will be the last month of the year given the election schedule. The key near-term data point is tomorrow's April jobs reading from the government's Bureau of Labor Statistics, whose significance increased following Wednesday's weaker than expected ADP report. This morning's bigger-than-expected rise in initial Jobless Claims and the recent loss of momentum in the ISM surveys would point in the ADP direction as well. The consensus expectation is for a 'headline' tally of 200K from tomorrow's BLS report vs. 215K. A disappointing report tomorrow will likely consolidate a market-friendly Fed view in the market's bad-news-is-good-news mindset. Sheraz Mian Director of Research Note: In addition to this daily pre-open article about the market, economy, and the corporate earnings picture, Sheraz Mian also provides detailed earnings analysis in his weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz Mian publishes a new article, please click here . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for May 05, 2016 Benchmarks closed in the red on Wednesday following continuing decline in energy stocks and mixed economic data. Higher-than-expected rise in crude inventories dragged energy stocks downward. Moreover, disappointing private sector job data also had a negative impact on investor sentiment. However, services data was encouraging. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) decreased 0.6%, or 99.65 points, to close at 17,651.26. The S&P 500 also fell 0.6% to close at 2,051.12. The tech-laden Nasdaq Composite Index closed at 4,725.64, losing 0.8%. The fear-gauge CBOE Volatility Index (VIX) increased 2.9% to settle at 16.05. A total of around 7.7 billion shares were traded on Wednesday, higher than the last 20-session average of 7.2 billion shares. Decliners outpaced advancing stocks on the NYSE. For 59% stocks that declined, 38% advanced. The U.S. Energy Information Administration (EIA) reported yesterday that the U.S. commercial crude oil inventories rose 2.8 million barrels to 543.4 million for the week ended April 29. It was nearly 1 million barrels higher than analysts' expectations. Further, it was more than the increase of 1.3 million barrels reported by the American Petroleum Institute (API) a day earlier. Moreover, total motor gasoline inventories rose by 0.5 million barrels last week. Rise in crude oil and gasoline inventories had a negative impact on oil prices . Although, WTI crude increased 0.3% to $43.78 per barrel, Brent crude fell 0.8% $44.62 a barrel. The Energy Select Sector SPDR (XLE) decreased 1.4% and was the biggest loser among the major S&P 500 sectors. Key components including, Anadarko Petroleum Corporation ( APC ), Schlumberger Ltd ( SLB ), EOG Resources ( EOG ), Pioneer Natural Resources Co. ( PXD ), ConocoPhillips ( COP ) and Occidental Petroleum Corporation ( OXY ) decreased 6.2%, 1.9%, 1.6%, 1.2%, 3.7% and 2.1%, respectively. While, Dow components Exxon Mobil Corp ( XOM ), and Chevron Corp ( CVX ) declined 0.2% and 0.7%, respectively. Also, the Industrial Select Sector SPDR (XLI) lost 1.2% and was the second biggest loser among the S&P 500 sectors. Dow components Boeing Company ( BA ) General Electric Company ( GE ) and 3M Company ( MMM ) declined 1.2%, 1.8% and 0.5%, respectively. In economic news, a report from Automatic Data Processing, Inc. ( ADP ) revealed that private sector employers added 153,000 jobs in April, lower than analysts' expectations of 193,000. ADP's April estimate was the weakest since February 2014. Moreover, job additions for March were revised down by 6,000 to 194,000. As per the Bureau of Labor Statistics, non-farm business sector labor productivity declined 1% in the first quarter of 2016, marking fourth quarterly decline in six quarters. However, the Institute for Supply Management reported that ISM Services Index increased from 54.5% in March to 55.7% in April, indicating expansion in servicing activity for the 75th straight month. Additionally, the reading was more than the consensus estimate of 54.8%. Further, the U.S. Census Bureau reported that trade deficit decreased from $47 billion in February to $40.4 billion in March. This was also narrower than the consensus estimate of $42.8 billion deficit. Trade deficit fell to lowest settlement in more than a year after imports slumped to its lowest level in last five years. According to the U.S. Department of Commerce, new orders for manufactured goods increased 1.1% in March. This was above the consensus estimate of 0.7%. This reading follows a decrease of 1.9% in February. Separately, shares of Under Armour, Inc. ( UA ) slumped 7.5% after the company disclosed that two of its executives, Chief Merchandising Officer Henry Stafford and Chief Digital Officer Robin Thurston will resign in July. Stafford and Thurston were with the company for six and two years, respectively. The Priceline Group Inc's ( PCLN ) shares also fell 7.5% after forecasting second quarter EPS to come in at $11.60-$12.50, well below the Zacks Consensus Estimate of $14.12. However, its first quarter EPS and revenues of $9.37 and $2.15 billion beat the Zacks Consensus Estimate of $8.73 and $2.12 billion, respectively. Under Armour and Priceline were the first and second biggest losers among the S&P 500 companies. Meanwhile, shares of Time Warner Inc. ( TWX ) increased 1.6% after its first quarter EPS and revenues of $1.49 and $7,308 million surpassed the Zacks Consensus Estimate of $1.29 and $7,241 million, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report UNDER ARMOUR-A (UA): Free Stock Analysis Report PRICELINE.COM (PCLN): Free Stock Analysis Report TIME WARNER INC (TWX): Free Stock Analysis Report ANADARKO PETROL (APC): Free Stock Analysis Report SCHLUMBERGER LT (SLB): Free Stock Analysis Report EOG RES INC (EOG): Free Stock Analysis Report PIONEER NAT RES (PXD): Free Stock Analysis Report CONOCOPHILLIPS (COP): Free Stock Analysis Report OCCIDENTAL PET (OXY): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report BOEING CO (BA): Free Stock Analysis Report GENL ELECTRIC (GE): Free Stock Analysis Report 3M CO (MMM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-05-06,74.675,75.5212,74.6297,75.2884,"[""What You Need to Know About the Job Market InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips This week, instead of my usual economic digest, I'm going to focus on the U.S. jobs picture. After all, we've just received not one - not two - but three separate market-moving reports on the labor market. To help you process these results, I've prepared a few charts to help you see where we're headed in terms of jobs growth, jobless claims and the unemployment rate. Payrolls On Wednesday, Automated Data Processing ( ADP ) reported that only 156,000 private sector jobs were created in April , while March private payrolls were revised down by 6,000 to reflect 194,000 new jobs. On Friday, the Labor Department announced that by its count, private and public employers added 160,000 jobs in April . This fell short of the 205,000 consensus estimate. Meanwhile, February and March payrolls were revised down by a combined 19,000. While the two agencies do have slightly different numbers month-to-month, as you can see below, both reports follow the same general trend. Over the long run, job growth is decelerating. Jobless Claims Last week, initial claims for unemployment rose 17,000 to a seasonally adjusted rate of 274,000. This was just a bit higher than economists expected-the consensus forecast was 260,000. Hillary Clinton vs. Donald Trump - Which Stocks Win? Meanwhile, the four-week moving average ticked up by 2,000 to 258,000. Notably, jobless claims have remained below the 300,000 threshold for over 60 weeks now, which indicates that layoff activity is at a healthy level. If you look at the past two year's worth of data, you can see that there has been a downward trend in layoff activity. Unemployment Rate And then there is the unemployment rate, which is calculated after surveying 60,000 households. This week, the Labor Department announced that the unemployment rate remained unchanged at 5.0% in April. The average workweek ticked up from 34.4 hours in March to 34.5 hours in April , in line with economists' expectations. The chart below also shows a long-term downward trend in the unemployment rate. The Big Picture The jobs picture remains mixed. While payroll growth is slowing, we're seeing improvements in terms of layoff activity and the unemployment rate. However, I must also mention that the labor force participation rate, at less than 63%, is well below pre-recession levels. 5 Growth Stocks That Are Better Than Apple My hunch is that the uncertainty in this Presidential election year is now impacting business spending and planning, so this is taking its toll on the jobs market. Because we still aren't seeing the jobs growth that economists have been forecasting, I expect the Fed to continue its accomodative policies. As a labor economist, Chairwoman Janet Yellen has been watching these economic reports closely, and I doubt that these results are strong enough to encourage a rate increase. So while the lack of jobs growth is troubling, there is a silver lining for the stock market, which benefits directly from the low interest rate environment. More From InvestorPlace 7 Dividend Stocks With \""Hidden\"" Yields You NEED to Own Your 2016 Retirement Spring Cleaning Checklist The post What You Need to Know About the Job Market appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Which Of The Latest 13F Filers Holds Automatic Data Processing? At Holdings Channel , we have reviewed the latest batch of the 20 most recent 13F filings for the 03/31/2016 reporting period, and noticed that Automatic Data Processing Inc. (Symbol: ADP) was held by 9 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look. Before we proceed, it is important to point out that 13F filings do not tell the whole story, because these funds are only required to disclose their long positions with the SEC, but are not required to disclose their short positions. A fund making a bearish bet against a stock by shorting calls, for example, might also be long some amount of stock as they trade around their overall bearish position. This long component could show up in a 13F filing and everyone might assume the fund is bullish, but this tells only part of the story because the bearish/short side of the position is not seen . Having given that caveat, we believe that looking at groups of 13F filings can be revealing, especially when comparing one holding period to another. Below, let's take a look at the change in ADP positions, for this latest batch of 13F filers: In terms of shares owned, we count 4 of the above funds having increased existing ADP positions from 12/31/2015 to 03/31/2016, with 3 having decreased their positions and 1 new position. Worth noting is that Payden & Rygel , included in this recent batch of 13F filers, exited ADP common stock as of 03/31/2016. Looking beyond these particular funds in this one batch of most recent filers, we tallied up the ADP share count in the aggregate among all of the funds which held ADP at the 03/31/2016 reporting period (out of the 1,382 we looked at in total). We then compared that number to the sum total of ADP shares those same funds held back at the 12/31/2015 period, to see how the aggregate share count held by hedge funds has moved for ADP. We found that between these two periods, funds reduced their holdings by 32,985 shares in the aggregate, from 38,325,128 down to 38,292,143 for a share count decline of approximately -0.09%. The overall top three funds holding ADP on 03/31/2016 were: We'll keep following the latest 13F filings by hedge fund managers and bring you interesting stories derived from a look at the aggregate information across groups of managers between filing periods. While looking at individual 13F filings can sometimes be misleading due to the long-only nature of the information, the sum total across groups of funds from one reporting period to another can be a lot more revealing and relevant, providing interesting stock ideas that merit further research, like Automatic Data Processing Inc. (Symbol: ADP). 10 S&P 500 Components Hedge Funds Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-05-09,75.5468,76.0132,75.2173,75.5556,"Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for May 10, 2016 Computer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on May 10, 2016. A cash dividend payment of $0.64 per share is scheduled to be paid on May 27, 2016. Shareholders who purchased CPSI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that CPSI has paid the same dividend. At the current stock price of $44.86, the dividend yield is 5.71%. The previous trading day's last sale of CPSI was $44.86, representing a -24.17% decrease from the 52 week high of $59.16 and a 24.47% increase over the 52 week low of $36.04. CPSI is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). CPSI's current earnings per share, an indicator of a company's profitability, is $1.06. Zacks Investment Research reports CPSI's forecasted earnings growth in 2016 as 112.9%, compared to an industry average of 8.9%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-05-10,75.7923,76.744,75.5556,76.7174, ADP,2016-05-11,76.4502,76.7085,75.1257,75.1335,"Noteworthy ETF Inflows: USMV, NEM, PEP, ADP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares MSCI USA Minimum Volatility ETF (Symbol: USMV) where we have detected an approximate $147.8 million dollar inflow -- that's a 1.2% increase week over week in outstanding units (from 283,600,000 to 286,900,000). Among the largest underlying components of USMV, in trading today Newmont Mining Corp (Symbol: NEM) is up about 2.9%, PepsiCo Inc (Symbol: PEP) is down about 0.2%, and Automatic Data Processing Inc. (Symbol: ADP) is lower by about 0.7%. For a complete list of holdings, visit the USMV Holdings page » The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $26.41 per share, with $44.79 as the 52 week high point - that compares with a last trade of $44.72. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-05-12,75.6859,75.6859,74.6484,75.0182,"Automatic Data Processing a Top Ranked SAFE Dividend Stock With 2.5% Yield (ADP) Automatic Data Processing Inc. (Symbol: ADP) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.5% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report. According to the ETF Finder at ETF Channel , Automatic Data Processing Inc. is a member of the iShares S&P 1500 Index ETF ( ITOT ), and is also an underlying holding representing 0.90% of the SPDR S&P Dividend ETF ( SDY ), which holds $122,506,704 worth of ADP shares. Automatic Data Processing Inc. (Symbol: ADP) made the ""Dividend Channel S.A.F.E. 25"" list because of these qualities: S . Solid return - hefty yield and strong DividendRank characteristics; A. Accelerating amount - consistent dividend increases over time; F . Flawless history - never a missed or lowered dividend; E. Enduring - at least two decades of dividend payments. The annualized dividend paid by Automatic Data Processing Inc. is $2.12/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 06/08/2016. Below is a long-term dividend history chart for ADP, which the report stressed as being of key importance. ADP operates in the Information Technology Services sector, among companies like International Business Machines Corp. ( IBM ), and Accenture plc ( ACN ). Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-05-13,74.9156,75.3061,74.3259,74.3436, ADP,2016-05-16,74.5734,75.4176,74.4659,75.1494, ADP,2016-05-17,74.8387,75.2884,73.7617,73.9865, ADP,2016-05-18,73.9264,74.5576,73.6069,74.2035,"[""Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for May 19, 2016 Evertec, Inc. ( EVTC ) will begin trading ex-dividend on May 19, 2016. A cash dividend payment of $0.1 per share is scheduled to be paid on June 10, 2016. Shareholders who purchased EVTC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that EVTC has paid the same dividend. At the current stock price of $13.56, the dividend yield is 2.95%. The previous trading day's last sale of EVTC was $13.56, representing a -41.35% decrease from the 52 week high of $23.12 and a 20.37% increase over the 52 week low of $11.27. EVTC is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). EVTC's current earnings per share, an indicator of a company's profitability, is $.98. Zacks Investment Research reports EVTC's forecasted earnings growth in 2016 as -2.08%, compared to an industry average of 7.7%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""EPIQ Systems, Inc. (EPIQ) Ex-Dividend Date Scheduled for May 19, 2016 EPIQ Systems, Inc. ( EPIQ ) will begin trading ex-dividend on May 19, 2016. A cash dividend payment of $0.09 per share is scheduled to be paid on July 05, 2016. Shareholders who purchased EPIQ prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 17th quarter that EPIQ has paid the same dividend. At the current stock price of $13.44, the dividend yield is 2.68%. The previous trading day's last sale of EPIQ was $13.44, representing a -24.28% decrease from the 52 week high of $17.75 and a 28% increase over the 52 week low of $10.50. EPIQ is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). EPIQ's current earnings per share, an indicator of a company's profitability, is -$.37. Zacks Investment Research reports EPIQ's forecasted earnings growth in 2016 as 165.15%, compared to an industry average of 6.4%. For more information on the declaration, record and payment dates, visit the EPIQ Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-05-19,73.4758,73.9077,73.1277,73.8071,"Noteworthy ETF Inflows: USMV, NEM, PEP, ADP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $321.4 million dollar inflow -- that's a 2.5% increase week over week in outstanding units (from 286,900,000 to 294,200,000). Among the largest underlying components of USMV, in trading today Newmont Mining Corp (Symbol: NEM) is up about 0.8%, PepsiCo Inc (Symbol: PEP) is off about 0.1%, and Automatic Data Processing Inc. (Symbol: ADP) is lower by about 1%. For a complete list of holdings, visit the USMV Holdings page » The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $26.41 per share, with $44.79 as the 52 week high point - that compares with a last trade of $43.61. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-05-20,74.0832,74.6197,73.9343,74.0921,"Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for May 23, 2016 Jack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on May 23, 2016. A cash dividend payment of $0.28 per share is scheduled to be paid on June 10, 2016. Shareholders who purchased JKHY prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12% increase over the same period a year ago. At the current stock price of $82.85, the dividend yield is 1.35%. The previous trading day's last sale of JKHY was $82.85, representing a -3.92% decrease from the 52 week high of $86.23 and a 29.78% increase over the 52 week low of $63.84. JKHY is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). JKHY's current earnings per share, an indicator of a company's profitability, is $2.81. Zacks Investment Research reports JKHY's forecasted earnings growth in 2016 as 10.42%, compared to an industry average of 10.4%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-05-23,74.1089,74.2933,73.8584,73.8998, ADP,2016-05-24,74.5418,75.8416,74.4294,75.819,"[""DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for May 25, 2016 DST Systems, Inc. ( DST ) will begin trading ex-dividend on May 25, 2016. A cash dividend payment of $0.33 per share is scheduled to be paid on June 15, 2016. Shareholders who purchased DST prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the same period a year ago. At the current stock price of $118.24, the dividend yield is 1.12%. The previous trading day's last sale of DST was $118.24, representing a -12.19% decrease from the 52 week high of $134.65 and a 23.76% increase over the 52 week low of $95.54. DST is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). DST's current earnings per share, an indicator of a company's profitability, is $8.63. Zacks Investment Research reports DST's forecasted earnings growth in 2016 as 16.33%, compared to an industry average of 6.9%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for May 25, 2016 Open Text Corporation ( OTEX ) will begin trading ex-dividend on May 25, 2016. A cash dividend payment of $0.23 per share is scheduled to be paid on June 17, 2016. Shareholders who purchased OTEX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 15% increase over the prior quarter. At the current stock price of $55.91, the dividend yield is 1.65%. The previous trading day's last sale of OTEX was $55.91, representing a -2.56% decrease from the 52 week high of $57.38 and a 52.55% increase over the 52 week low of $36.65. OTEX is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). OTEX's current earnings per share, an indicator of a company's profitability, is $2.19. Zacks Investment Research reports OTEX's forecasted earnings growth in 2016 as 3.09%, compared to an industry average of 6.9%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSP Inc. (CSPI) Ex-Dividend Date Scheduled for May 25, 2016 CSP Inc. ( CSPI ) will begin trading ex-dividend on May 25, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on June 10, 2016. Shareholders who purchased CSPI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that CSPI has paid the same dividend. At the current stock price of $7.54, the dividend yield is 5.84%. The previous trading day's last sale of CSPI was $7.54, representing a -1.69% decrease from the 52 week high of $7.67 and a 42.8% increase over the 52 week low of $5.28. CSPI is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). CSPI's current earnings per share, an indicator of a company's profitability, is $.45. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-05-25,76.0004,76.2923,75.7923,75.8673,"[""Intuit (INTU) Beats on Q3 Earnings & Revenues, Raises View Intuit Inc.INTU reported better-than-expected results for the third quarter of fiscal 2016. Both the top and the bottom line also witnessed a significant year-over-year improvement. The company reported adjusted earnings (including stock-based compensation but excluding amortization and other one-time items) from continuing operations of $3.27 per share, which fared better than the Zacks Consensus Estimate of $3.03. Moreover, on a year-over-year basis, adjusted earnings surged 24.3%. On a GAAP basis, earnings from continuing operations came in at $3.26 per share, compared with the year-ago earnings of $2.33. The bottom line was mainly driven by higher revenues, efficient cost management and a lower share count. Quarter in Detail Tax-preparation related software maker reported revenues of $2.304 billion, which came above management's guided range of $2.210-$2.260 billion and surpassed the Zacks Consensus Estimate of $2.246 billion as well. On a year-over-year basis too, revenues were up 7.9% mainly on the back of the company's ongoing transformation into a global cloud company and higher demand resulting from the U.S. tax season. Services and Other revenues climbed nearly 9% to $1.845 billion while product revenues were up 3.8% to $459 million. Segment-wise, Small Business Group recorded 12% year-over-year growth driven mainly by strong customer acquisition, along with continuous subscriber growth for QuickBooks Online and QuickBooks Self-Employed. The company recorded the addition of 140,000 QuickBooks Online subscribers during the quarter, bringing the total global count to 1.397 million. Revenues from Consumer Tax grew 7% year over year. On the other hand, ProTax revenues were roughly flat at $126 million. Coming to operational metrics, Intuit reported adjusted gross profit of $2.093 billion, up 7.8% year over year, mainly backed by higher revenues. However, gross margin contracted 10 basis points (bps) to 90.8%. The company reported a 2.6% year-over-year increase in adjusted operating expenses. However, as a percentage of revenues, adjusted operating expenses contracted 180 bps to 34.7% primarily due to efficient cost management. The company posted adjusted operating profit of $1.294 billion, up 11.4%. Adjusted operating margin expanded 180 bps to 56.2%. Intuit posted adjusted net income from continuing operations of $851.2 million or $3.27 per share, compared with the third-quarter fiscal 2015 level of $742.9 million or $2.63 per share. Balance Sheet and Cash Flows Intuit exited the fiscal third quarter with cash and investments of $1.613 billion. Long-term debt was $500 million at the quarter end. Further, Intuit generated $1.711 billion of cash from operational activities during the first nine months of fiscal 2016. During the same time frame, the company also repurchased shares worth $2.190 billion and paid $238 million as dividend. Outlook Bolstered by the solid performance, Intuit raised its fiscal 2016 guidance and issued an encouraging outlook for the fiscal fourth quarter. The company now anticipates revenues of $4.660 billion to $4.680 billion, up from its earlier guidance of $4.525-$4.600 billion. The Zacks Consensus Estimate is pegged at $4.602 billion. Non-GAAP operating income is now expected in the range of $1.490 billion to $1.510 billion, up from the previous projection of $1.450-$1.480 billion. Non-GAAP earnings per share are now projected between $3.63 and $3.65, up from prior guidance of $3.45-$3.50. The Zacks Consensus Estimate currently stands at $2.79. Additionally, during the fiscal first quarter, the company had projected capital expenditure of $490-$510 million. Nothing was mentioned in this regard during this quarter. For the fourth quarter, the company anticipates revenues in the range of $720 million to $740 million, higher than the Zacks Consensus Estimate of $718 million. It expects non-GAAP operating loss of $15 million to non-GAAP operating income of $15 million. While the company expects to report breakeven non-GAAP results in the fourth quarter, the Zacks Consensus Estimate stands at a loss of 22 cents. Our Take Intuit reported better-than-expected fiscal third-quarter results that also recorded a year-over-year improvement. Driven by the solid performance, the company also issued an encouraging guidance for both the fourth quarter and the fiscal year. Moreover, we are positive about Intuit's growing SMB exposure and believe that its strategic acquisitions will boost the segment. Increased adoption of its cloud-based services and products is another positive. Intuit has also restructured its business to focus on the QuickBooks services. It expects to continue investing in this portfolio, which is likely to hurt its near-term profitability. Moreover, rising competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit has a Zacks Rank #2 (Buy). Another stock worth considering in the technology sector is Synopsys Inc. SNPS , which sports a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PAYCOM SOFTWARE (PAYC): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report SYNOPSYS INC (SNPS): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for May 26, 2016 Ebix, Inc. ( EBIX ) will begin trading ex-dividend on May 26, 2016. A cash dividend payment of $0.075 per share is scheduled to be paid on June 15, 2016. Shareholders who purchased EBIX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that EBIX has paid the same dividend. At the current stock price of $46.04, the dividend yield is .65%. The previous trading day's last sale of EBIX was $46.04, representing a -7.77% decrease from the 52 week high of $49.92 and a 132.76% increase over the 52 week low of $19.78. EBIX is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). EBIX's current earnings per share, an indicator of a company's profitability, is $2.45. Zacks Investment Research reports EBIX's forecasted earnings growth in 2016 as 16.67%, compared to an industry average of 7.4%. For more information on the declaration, record and payment dates, visit the EBIX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EBIX through an Exchange Traded Fund [ETF]? The following ETF(s) have EBIX as a top-10 holding: PowerShares Zacks Micro Cap ( PZI ). The top-performing ETF of this group is PZI with an decrease of -1.47% over the last 100 days. It also has the highest percent weighting of EBIX at 0.26%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-05-26,75.7569,76.2233,75.4955,76.0241, ADP,2016-05-27,76.0577,76.3545,75.8761,76.318, ADP,2016-05-31,76.607,76.607,75.7026,76.1454,"[""MasterCard, Visa Investors: Goldman Says Macro Data More Predicative Than Retailer Data"", ""MasterCard, Visa Investors: Goldman Says Macro Data More Predicative Than Retailer Data"", ""Evolving Systems, Inc. (EVOL) Ex-Dividend Date Scheduled for June 01, 2016 Evolving Systems, Inc. ( EVOL ) will begin trading ex-dividend on June 01, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on July 01, 2016. Shareholders who purchased EVOL prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that EVOL has paid the same dividend. At the current stock price of $5.24, the dividend yield is 8.4%. The previous trading day's last sale of EVOL was $5.24, representing a -43.96% decrease from the 52 week high of $9.35 and a 9.39% increase over the 52 week low of $4.79. EVOL is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). EVOL's current earnings per share, an indicator of a company's profitability, is $.25. Zacks Investment Research reports EVOL's forecasted earnings growth in 2016 as 15.63%, compared to an industry average of 11.4%. For more information on the declaration, record and payment dates, visit the EVOL Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""MasterCard, Visa Investors: Goldman Says Macro Data More Predicative Than Retailer Data""]" ADP,2016-06-01,75.9383,76.4423,75.8061,76.388, ADP,2016-06-02,76.318,76.388,75.8584,76.3643,"[""ADP Sets Table for Jobs Report with Gain of 173K Thursday, June 2, 2016 This morning's Automatic Data Processing, or ADP ADP , results for May has come out slightly ahead of expectations at 173K private sector jobs for the month. April's total was revised upward 10K to 166K. This looks to continue the \""plod-along\"" economy we've grown accustomed to these past few years. And the number also appears to be good enough to erase another layer of doubt whether the Fed will raise interest rates this month. Digging into the numbers a bit, Professional/Business Services grew the most at 43K in May. Trade/Transportation/Utilities added 28K, Construction 13K and Financial Activities 13K. These numbers are slightly offset by a loss of 3,000 jobs in Manufacturing. Goods were down 1,000 but Services up 175K; non-farm jobs hit 158K. Small businesses (under 50 employees) grew the most with 76K new jobs in May. Medium-sized companies (50-499 employees) brought in 63K jobs for the month, and Large businesses (500+) brought up the rear once again with 34K new jobs. These numbers would suggest we are seeing a bottom in Manufacturing employment - not that we expect a big bounce over the coming months, but Manufacturing appears to have been cut to the bone at this stage. What we're not seeing from these results are the big cut in jobs at Verizon VZ following the settling of its major labor strike last week, which should bring down these totals another 25K or so. These ought to be accounted for in tomorrow's Non-farm Payroll Report from the Bureau of Labor Statistics (BLS), meaning that although the BLS totals will include government jobs the ADP report does not, it's quite possible the total number may fall short of this morning's result. Even if it does, however, we don't see numbers like these flipping Janet Yellen's \""off\"" switch. We also saw weekly Jobless Claims reach 267K, down 1,000 from last week's non-revised totals. Continuing claims rose a tad from 2.16 million to 2.17 million. Again, we are hovering in a range of acceptability here: nobody is jumping for joy they way they would be if jobless claims dipped beneath 250K (and stayed there), but neither should anyone need to be talked off the ledge. Futures for the S&P 500, Dow and Nasdaq are all down slightly prior to Thursday's open. It's a wait-and-see week with plenty of things to digest. So far, everything seems to have gone down OK. Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VERIZON COMM (VZ): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Futures Trading Lower as Oil Braces For OPEC Announcement, Jobs Report U.S. stocks are expected to open lower as cheaper oil prices coupled with a below-consensus gain in private payrolls leaves Dow futures trading 25 points below fair value. Financial markets remain defensive as Wall Street braces for tomorrow's pivotal jobs report and before an announcement from the Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna today. Anticipating no agreement on the reduction in production levels, oil futures are nearly 1% lower. To recap this morning's economic data: private payrolls increased by 173,000 in May according to a monthly survey by Automated Data Processing ( ADP ), slightly below Wall Street estimates for an increase of 175,000. April was revised upward to +166,000 from +156,000. Also, initial jobless claims rose an as-expected 267,000 for the week ended May 28. The week prior was left unchanged at 268,000. -Dow Jones Industrial down 0.22% -S&P 500 futures down 0.24% -Nasdaq 100 futures down 0.18% SENTIMENT Nikkei down 2.32% Hang Seng up 0.47% Shanghai Composite up 0.40% FTSE-100 up 0.13% DAX-30 up 0.05% PRE-MARKET SECTOR WATCH (+) Large cap tech: Higher (+/-) Chip stocks: Flat (+/-) Software stocks: Mixed (+) Hardware stocks: Higher (+) Internet stocks: Higher (-) Oil stocks: Lower (-) Biotech stocks: Lower (-) Drug stocks: Lower (+/-) Financial stocks: Mixed (+/-) Retail stocks: Mixed (-) Industrial stocks: Lower (+/-) Airlines: Flat (-) Autos: Lower UPSIDE MOVERS: (+) CIEN (+10.30%) Reported better-than-expected quarterly results (+) AKAO (+8.92%) Awarded a $20 million contract option by the BARDA to support development of plazomicin (+) JOY (+8.08%) Reported better-than-expected Q2 earnings (+) CXRX (+6.31%) Completed the acquisition of four generic products (+) PSTG (+4.33%) Upgraded at UBS to buy from neutral DOWNSIDE MOVERS: (-) CONN (-14.60%) Swung to a loss for Q1, lowered FY17 guidance (-) BOX (-8.98%) Beat Q1 expectations and raised FY guidance, but billings were below expectations (-) ORCL (-3.50%) Lawsuit filed by senior finance manager claiming the company falsified reports The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Futures Defensive on Lower Oil U.S. stocks are expected to open modestly lower as cheaper oil prices coupled with a below-consensus gain in private payrolls leaves Dow futures trading 17 points below fair value. Financial markets remain defensive as investors position cautiously before European Central Bank president Mario Draghi's press conference as well as any announcement from the Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna today. Private payrolls increased by 173,000 in May according to a monthly survey by Automated Data Processing ( ADP ), slightly below Wall Street estimates for an increase of 175,000. April was revised upward to +166,000 from +156,000. Also, initial jobless claims rose an as-expected 267,000 for the week ended May 28. The week prior was left unchanged at 268,000. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-06-03,75.9827,75.9827,75.1749,75.7026,"[""Stock Market News for June 03, 2016 Benchmarks finished in the green on Thursday following encouraging U.S. private sector jobs data and gains in healthcare stocks. Moreover, late rebound in oil prices following a decline in crude inventories also boosted investor sentiment. All the three key U.S. indexes ended in positive territory with the S&P 500 settled at its highest level since Nov 3, 2015 and the Nasdaq registered seven straight session rise. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article The Dow Jones Industrial Average (DJI) increased 0.3%, to close at 17,838.56. The S&P 500 also rose 0.3% to close at 2,105.26. The tech-laden Nasdaq Composite Index closed at 4,971.36, gaining 0.4%. The fear-gauge CBOE Volatility Index (VIX) decreased 4% to settle at 13.63. A total of around 6.4 billion shares were traded on Thursday, lower than the last 20-session average of 7 billion shares. Advancers outpaced declining stocks on the NYSE. For 63% stocks that advanced, 34% declined. Yesterday, a report from Automatic Data Processing, Inc. ( ADP ) revealed that private sector employers added 173,000 jobs in May, which was higher than April's readings. Also, job additions for April were revised up by 10,000 to 166,000. The U.S Department of Labor reported that seasonally adjusted initial claims decreased 1,000 to 267,000 in the week ending May 28, posting third straight weekly fall. Initial claims were also less than the consensus estimate of 268,000. Initial claims remained below 300,000 for 65 consecutive weeks, its longest stretch since 1973. Also, the 4-week moving average came in at 276,750 last week, lower than 278,500 reported for the week ending May 21. Rise in number of jobs in the private sector and decline in initial claims highlighted economic growth, which in turn had a positive impact on investor sentiment. In company news, Johnson & Johnson's ( JNJ ) shares increased 1.5% after the company said that it will buy Vogue International LLC for $3.3 billion cash. Moreover, shares of Humana Inc. ( HUM ) and Aetna Inc. ( AET ) jumped 5.6% and 4.1%, respectively, on news that the latter have sold $13 billion bonds to help its $34 billion deal to acquire Humana. Gains in Johnson & Johnson, Humana and Aetna led the Health Care Select Sector SPDR ETF (XLV) to increase 1.3%, becoming the biggest gainer among the S&P 500 sectors. Key stocks from the healthcare sector including AbbVie Inc. ( ABBV ), Medtronic plc ( MDT ), Bristol-Myers Squibb Company ( BMY ), Allergan plc ( AGN ) and Amgen Inc. ( AMGN ) increased 3.6%, 3.1%, 1.6%, 2% and 1.2%, respectively. Dow components Merck & Co. Inc. ( MRK ), Pfizer Inc. ( PFE ) and UnitedHealth Group Incorporated ( UNH ) rose 0.9%, 0.4% and 1.1%, respectively. Gains in healthcare stocks offset losses in energy stocks. Earlier on the day, oil prices declined after OPEC members failed to come to any agreement regarding crude production freeze in yesterday's meeting in Vienna, which weighed on energy sector. However, oil prices made a late recovery to end in positive territory after the U.S. Energy Information Administration (EIA) reported that the U.S. commercial crude oil inventories fell 1.4 million barrels to 535.7 million for the week ended May 27. It was in contrast to an increase of 2.4 million barrels reported by the American Petroleum Institute (API) a day earlier. Moreover, total motor gasoline inventories declined by 1.5 million barrels last week. Fall in oil and gasoline inventories had a positive impact on oil prices. Both the WTI and Brent crude increased 0.3% and 0.6% to $49.17 per barrel and $50.04 a barrel, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report JOHNSON & JOHNS (JNJ): Free Stock Analysis Report HUMANA INC NEW (HUM): Free Stock Analysis Report AETNA INC-NEW (AET): Free Stock Analysis Report ABBVIE INC (ABBV): Free Stock Analysis Report MEDTRONIC (MDT): Free Stock Analysis Report BRISTOL-MYERS (BMY): Free Stock Analysis Report ALLERGAN PLC (AGN): Free Stock Analysis Report AMGEN INC (AMGN): Free Stock Analysis Report MERCK & CO INC (MRK): Free Stock Analysis Report PFIZER INC (PFE): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Head-Scratcher Time: BLS Jobs at 38K Well Short of Estimates Friday, June 3, 2016 The much-anticipated employment report from the Bureau of Labor Statistics (BLS) fell well short of estimates this morning: 38,000 new jobs was all the U.S. economy in the month of May. This is more than 100K shy of even the low range of analyst estimates prior to the report's release. This is especially a head-scratcher considering yesterday's ADP ADP private sector employment report yesterday that saw 173K jobs in the month. This is quite a disparity - while these 2 reports often are not in lock-step in real time (future revisions usually smooth out most differentials) but when was the last time the BLS report was 3.5 times lower than the ADP? The 38K figure is the lowest monthly jobs number since September of 2010, when jobs numbers were still wallowing in negative territory. The unemployment rate, meanwhile, has now dipped to 4.7 percent - the lowest since November '07, a year before the Great Recession hit. This has also ratcheted down the 3-month non-farm payroll averages to 116K, and far lower than the one-year average of 219K. Most watchers were aware the Verizon VZ strike would account for between 25K-35K fewer jobs in the month, but this 38K total remains shocking. Lest we think this may be a single-month glitch, revisions to March and April combined resulted in 59K fewer jobs, as well. What would account for such a drop? The Verizon strike is only a small percentage of it, and does not apply to the previous months' negative revisions. Temporary employment, Construction, Mining and Manufacturing were all down between 10K-21K for the month, while job gains were made in Healthcare (46K), Food and Drinking Establishments (22K) and Professional/Business Services (10K). The Labor Force Participation Rate fell 0.2 percent sequentially to 62.6, and the Civil Labor Force reported down by 458K jobs. The U6 number - often referred to as \""full unemployment\"" - was 9.7 percent. The Average Hourly Rate rose 0.2 percent, while the Average Workweek was unched at 34.4 hours. On CNBC's Squawk Box this morning, University of Chicago professor Austan Goolsbee suggested we may be returning to normal Productivity rates in the U.S. workforce. This would somewhat explain the drastic drop in employment as well as the March and April revisions lower. Most importantly, what is the Fed likely to do now? There had been plenty of buzz that the Federal Reserve would raise interest rates another quarter-percent even with a less-than-stellar (sub-200K) BLS report. But with this major drop-off from expectations, the odds that Janet Yellen & Co. pushes back a rate hike decision to July (or later, depending perhaps on June BLS data) become a lot more likely. Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VERIZON COMM (VZ): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex (PAYX) Touches 52-Week High on Growth Prospects Shares of Paychex Inc.PAYX hit a new 52-week high of $54.95 on Jun 2, 2016, eventually closing at $54.94. The stock has delivered a strong one-year return of 14% and a year-to-date return of 3.9%. The average trading volume for the last three months aggregated approximately 1,784K. Paychex delivered a positive earnings surprise in two out of the last four quarters with an average beat of 0.98%. This Zacks Rank #2 (Buy) company has a market cap of $19.61 billion and a long-term expected earnings growth rate of 9.2%. What is Driving the Stock Upward? Paychex is poised to benefit as small and medium businesses (SMBs) have increased outsourcing their HR functions. Further, the SMB segment has shown improvement in the recruitment process as well. We believe that Paychex's better scale, capital base, regulatory and oversight expertise and institutional knowledge provide it with a competitive advantage. We are also positive as Paychex continues to invest in SaaS technology and mobile applications by acquiring SaaS-based businesses. Further, the enhancement of mobile technology by adding health and benefits information to its mobile applications will benefit Paychex. We are optimistic that Paychex might witness growth by successfully cross-selling newer products such as Paychex Premier, Major Market Services (MMS) and ancillary HRS products such as 401(k) record keeping, health insurance sales and workers' compensation administration to the existing client base. Also, higher adoption of Paychex's Affordable Care Act (\""ACA\"") dashboard application that tracks employee count, employee status and health care plan affordability will act as a tailwind for the company. Going further, we are positive about the SurePayroll acquisition. We believe that the acquisition will help Paychex enhance the overall company's service offering and increase its market share. SurePayroll's user-friendly online payroll solutions are specifically targeted at small businesses. Small businesses are a significant source of revenues for Paychex. The acquisition is expected to boost the company's top line, going forward. Recently, Paychex reported strong results for third-quarter fiscal 2016 wherein the bottom line matched the Zacks Consensus Estimate while the top line beat the same. Nevertheless, the company marked year-over-year improvement on both the counts. Furthermore, we are encouraged by Paychex's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives, such as joint ventures and acquisitions, support the long-term growth strategy. Product launches are expected to be the other growth drivers. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity, Inc. NSP remain concerns. Other Stocks to Consider Another stock worth considering in the broder technology sector is DST Systems Inc. DST , which sports a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DST SYSTEMS (DST): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-06-06,75.8673,76.2855,75.7283,76.0162,"4 Best Large-Cap Value Mutual Funds to Buy in a Torrid Summer May's unexpected bleak jobs report muddied the outlook for the U.S. economy, while chances of a rate hike in June have begun to fade. Decline in consumer confidence, weak service sector growth and contradictory reports about the strength of the manufacturing sector in May also did little to boost investors' sentiment. To top it, polls show a jump in Brexit momentum, which might call for more volatility ahead. In these uncertain times, investing in large-cap value mutual funds will be a wise decision since such funds are fundamentally strong enough to withstand any economic downturn. Job Gains Lowest Since Sep 2010 Friday's jobs report turned out to be nothing short of a disappointment. The U.S. economy added just 38,000 jobs in May, the weakest level of hiring in almost six years, according to the Labor department. The pace of hiring also slowed down to an average 116,000 in the past three months. About 35,000 workers were unemployed in May due to a strike in Verizon Communications Inc. VZ . This factor was, however, not considered in the private sector jobs report by Automatic Data Processing, Inc. ADP . The jobless rate, on the other hand, fell to 4.7% last month, its lowest level since Nov 2007. But, the drop was mostly due to a number of people dropping out of the labor force and were therefore counted as unemployed. Now this isn't a promising sign. Dismal jobs report pointed to weakness in the economy and the major indexes incurred losses on Friday. This is also bound to have a repercussion on consumer confidence. This might hamper spending levels that have been one of the bright spots driving the U.S. recovery. Economic Data Aren't Inspiring Consumer confidence had already declined last month, clouding economic outlook. The Conference Board's consumer confidence index dropped to 92.6 in May from 94.7 in April. The index touched its lowest level in six months in May. It also registered its second consecutive monthly decline. The services side of the economy also surprisingly slowed down in May as indicated by a pair of surveys. The service index declined to 52.9% in May, the slowest pace since Feb 2014, according to the Institute for Supply Management (ISM). New orders for nonmanufacturers also came in at 54.2% in May, down 5.7 points from April. Business activity also dropped 3.7 points from April to 55.1% in May. Another report, the Markit U.S. Services PMI too slipped to 51.3 in May, the lowest level since March. When it comes to manufacturing, we are getting a mixed signal. Even though the ISM manufacturing report indicated growth, Markit PMI failed to confirm that. The Markit U.S. manufacturing PMI showed loss of momentum across the U.S. manufacturing sector last month. The index came in at 50.7 in May. Chris Williamson, chief economist at Markit, said: ""The survey data indicate that factory output fell in May at its fastest rate since 2009, suggesting that manufacturing is acting as a severe drag on the economy in the second quarter."" Regional PMI also painted a weaker outlook for the economy. The Empire State manufacturing index slumped to a negative 9 in May following a positive 9.6 in April. Any reading below zero indicates contraction. Another gauge of regional manufacturing activity in the Philadelphia region came in at a negative 1.8 in May, wider than a negative 1.6 in April. ""Brexit"" Worries In addition to these dismal domestic economic reports, Britain will vote whether or not to remain in the European Union, on Jun 23. Many fear that Britain might opt for a Brexit. It was cited that anxiety regarding the migration issue might sway voters in favor of leaving. Recent polls showed more Brits are favoring to exit the European Union. This will throw global markets in turmoil, undermine the European Union's confidence and its rippling effect won't spare the U.S. as well. A poll by television network ITV figured out that 45% Brits would 'Leave' the 28-country European Union, compared with 41% willing to 'Remain'. A separate survey byglobal marketresearch company TNS showed 43% for 'Leave' and 41% for 'Remain'. Buy These 4 Large-Cap Value Mutual Funds Thanks to the weak jobs report, U.S. stocks ended lower on Friday, with the dilemma about future rate hikes continuing to linger. Such a disheartening report raised doubts about future spending levels as well. A slew of other reports from consumer confidence to service to manufacturing also indicated relative weakness in the economy. And with more Brits wanting to leave the European Union, we are about to brace more volatility. Given these uncertainties, it will be prudent to invest in large-cap value mutual funds that focus on stocks that are perceived to be ""bargains"" or are undervalued. Large-cap funds are considered since they are more attractive in times of gyrations. Such funds are established industry leaders and can bear market setbacks better than their small-cap cousins. Here we have selected four large-cap value mutual funds that boast a Zacks Mutual Fund Rank #1 (Strong Buy) or #2 (Buy), have positive 3-year and 5-year annualized returns, have minimum initial investment within $5000 and carry a low expense ratio. Funds have been selected over stocks, since funds reduce transaction costs for investors and also diversify their portfolio without the numerous commission charges that stocks need to bear. AB Value AABVAX invests in a diversified portfolio of equity securities of U.S. companies with large market cap that are believed to be undervalued. ABVAX's 3-year and 5-year annualized returns are 6.7% and 8.6%, respectively. Annual expense ratio of 1.03% is lower than the category average of 1.1%. This fund has a Zacks Mutual Fund Rank #2. Delaware Value ADDVAX invests the majority of its assets, plus the amount of any borrowings for investment purposes, in securities of large-cap companies. DDVAX's 3-year and 5-year annualized returns are 11.8% and 13.3%, respectively. Annual expense ratio of 0.98% is lower than the category average of 1.1%. This fund has a Zacks Mutual Fund Rank #1. DFA US Large Cap Value IIDFCVX invests a large portion of its assets in securities of large-cap U.S. companies. DFCVX invests all of its assets in its master fund, The U.S. Large Cap Value of The DFA Investment Trust Company. DFCVX's 3-year and 5-year annualized returns are 9.5% and 11.5%, respectively. Annual expense ratio of 0.15% is lower than the category average of 1.1%. This fund has a Zacks Mutual Fund Rank #1. Goldman Sachs Large Cap Value Insights AGCVAX invests a major portion of its assets in a diversified portfolio of equity investments in large-cap U.S. issuers. GCVAX's 3-year and 5-year annualized returns are 9.4% and 10.9%, respectively. Annual expense ratio of 0.96% is lower than the category average of 1.1%. This fund has a Zacks Mutual Fund Rank #2. About Zacks Mutual Fund Rank By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the help of Zacks Rank. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VERIZON COMM (VZ): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report Get Your Free (ABVAX): Fund Analysis Report Get Your Free (DDVAX): Fund Analysis Report Get Your Free (GCVAX): Fund Analysis Report Get Your Free (DFCVX): Fund Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-06-07,76.0241,76.2598,75.236,75.3061,"Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for June 08, 2016 Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on June 08, 2016. A cash dividend payment of $0.53 per share is scheduled to be paid on July 01, 2016. Shareholders who purchased ADP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ADP has paid the same dividend. At the current stock price of $87.69, the dividend yield is 2.42%. The previous trading day's last sale of ADP was $87.69, representing a -3.64% decrease from the 52 week high of $91 and a 36.4% increase over the 52 week low of $64.29. ADP is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Cognizant Technology Solutions Corporation ( CTSH ). ADP's current earnings per share, an indicator of a company's profitability, is $3.35. Zacks Investment Research reports ADP's forecasted earnings growth in 2016 as 12.17%, compared to an industry average of 7%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-06-08,75.5299,76.0804,75.2804,76.0724,"ACWV, ADP, T, ED: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol Global ETF (Symbol: ACWV) where we have detected an approximate $135.0 million dollar outflow -- that's a 4.3% decrease week over week (from 42,000,000 to 40,200,000). Among the largest underlying components of ACWV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is up about 0.5%, AT&T Inc (Symbol: T) is down about 0.2%, and Consolidated Edison Inc (Symbol: ED) is up by about 0.6%. For a complete list of holdings, visit the ACWV Holdings page » The chart below shows the one year price performance of ACWV, versus its 200 day moving average: Looking at the chart above, ACWV's low point in its 52 week range is $58.12 per share, with $75.4199 as the 52 week high point - that compares with a last trade of $75.38. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-06-09,75.9057,76.457,75.7776,76.4304,"[""Paul Tudor Jones Trims Facebook, Precision Castparts Paul Tudor Jones ( Trades , Portfolio ) formed Tudor Investment Corporation, the first of the Tudor Group companies, in 1980. The Tudor Group manages assets across fixed income, currency, equity and commodity asset classes and related derivative instruments in the global markets for an international clientele. The following are his largest sales during the first quarter. The guru almost closed his stake in Facebook Inc. ( FB ) cutting it by 92.58% with an impact of -4.57% on the portfolio. The company operates a social networking website. Its products are Facebook, Instagram, Messenger, WhatsApp and Oculus. Its products enable people to connect and share through mobile devices and personal computers. During the first quarter daily active users (DAUs) had an increase of 16% year over year and Mobile DAUs - Mobile DAUs grew 24% year over year. GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 11.12% and ROA of 10.01% that are outperforming 61% of the companies in the Global Internet Content & Information industry. Financial strength has a rating of 9 out of 10 with no debt. Frank Sands ( Trades , Portfolio ) is the company's largest shareholder among the gurus with 0.84% of outstanding shares followed by Andreas Halvorsen ( Trades , Portfolio ) with 0.7%, Steve Mandel ( Trades , Portfolio ) with 0.4%, Spiros Segalas ( Trades , Portfolio ) with 0.38%, John Griffin ( Trades , Portfolio ) with 0.11% and Manning & Napier Advisors Inc. with 0.09%. The guru exited his stake in The Ultimate Software Group Inc. ( ULTI ) with an impact of -1.39% on the portfolio. The company is a provider of cloud-based human capital management. Its UltiPro software is a comprehensive, easy-to-use solution delivered over the Internet to organizations based in the U.S. and Canada. During the last quarter recurring revenues had a 28% increase, and total revenues had a 29% increase from the first quarter of 2015. GAAP net income was 8 cents per diluted share as compared with 14 cents per diluted share for the same quarter of a year before. GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 6.68% that is outperforming and ROA of 1.65% that is underperforming 55% of the companies in the Global Software - Infrastructure industry. Financial strength has a rating of 7 out of 10 with cash to debt of 9.30 that is below the industry median of 12.34. The largest shareholder among the gurus is Ron Baron ( Trades , Portfolio ) with 2.33% of outstanding shares followed by RS Investment Management ( Trades , Portfolio ) with 2.31%, Columbia Wanger ( Trades , Portfolio ) with 2.24%, Manning & Napier Advisors with 0.3% and Pioneer Investments ( Trades , Portfolio ) with 0.17%. The guru almost closed his stake in CSRA Inc. ( CSRA ) with a cut of 98.43% and an impact of -1.27% on the portfolio. The company provides About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members . This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSRA Inc. (CSRA) Ex-Dividend Date Scheduled for June 10, 2016 CSRA Inc. ( CSRA ) will begin trading ex-dividend on June 10, 2016. A cash dividend payment of $0.1 per share is scheduled to be paid on July 11, 2016. Shareholders who purchased CSRA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CSRA has paid the same dividend. At the current stock price of $24.51, the dividend yield is 1.63%. The previous trading day's last sale of CSRA was $24.51, representing a -26.7% decrease from the 52 week high of $33.44 and a 16.83% increase over the 52 week low of $20.98. CSRA is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). Zacks Investment Research reports CSRA's forecasted earnings growth in 2017 as .34%, compared to an industry average of 12%. For more information on the declaration, record and payment dates, visit the CSRA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for June 10, 2016 Computer Sciences Corporation ( CSC ) will begin trading ex-dividend on June 10, 2016. A cash dividend payment of $0.14 per share is scheduled to be paid on July 11, 2016. Shareholders who purchased CSC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CSC has paid the same dividend. At the current stock price of $52.42, the dividend yield is 1.07%. The previous trading day's last sale of CSC was $52.42, representing a -26.32% decrease from the 52 week high of $71.15 and a 115.99% increase over the 52 week low of $24.27. CSC is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). CSC's current earnings per share, an indicator of a company's profitability, is $1.72. Zacks Investment Research reports CSC's forecasted earnings growth in 2017 as 14.52%, compared to an industry average of 7.7%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CSC through an Exchange Traded Fund [ETF]? The following ETF(s) have CSC as a top-10 holding: Guggenheim S&P Midcap 400 Pure Value ETF ( RFV ) iShares S&P Mid-Cap 400 Value ETF ( IJJ ) SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value ( MDYV ). The top-performing ETF of this group is RFV with an increase of 26.57% over the last 100 days. It also has the highest percent weighting of CSC at 1.46%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-06-10,75.4885,76.1513,75.4629,75.9688,"[""Leidos Holdings, Inc. (LDOS) Ex-Dividend Date Scheduled for June 13, 2016 Leidos Holdings, Inc. ( LDOS ) will begin trading ex-dividend on June 13, 2016. A cash dividend payment of $0.32 per share is scheduled to be paid on June 30, 2016. Shareholders who purchased LDOS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that LDOS has paid the same dividend. At the current stock price of $49.37, the dividend yield is 2.59%. The previous trading day's last sale of LDOS was $49.37, representing a -17.05% decrease from the 52 week high of $59.52 and a 30.64% increase over the 52 week low of $37.79. LDOS is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). LDOS's current earnings per share, an indicator of a company's profitability, is $3.55. Zacks Investment Research reports LDOS's forecasted earnings growth in 2016 as .69%, compared to an industry average of 3.6%. For more information on the declaration, record and payment dates, visit the LDOS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to LDOS through an Exchange Traded Fund [ETF]? The following ETF(s) have LDOS as a top-10 holding: iShares Morningstar Small-Cap Value ETFnd ( JKL ). The top-performing ETF of this group is JKL with an increase of 23.66% over the last 100 days. It also has the highest percent weighting of LDOS at 0.86%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for June 13, 2016 CSG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on June 13, 2016. A cash dividend payment of $0.185 per share is scheduled to be paid on June 30, 2016. Shareholders who purchased CSGS prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.71% increase over the same period a year ago. At the current stock price of $43.09, the dividend yield is 1.72%. The previous trading day's last sale of CSGS was $43.09, representing a -7.41% decrease from the 52 week high of $46.54 and a 47.67% increase over the 52 week low of $29.18. CSGS is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). CSGS's current earnings per share, an indicator of a company's profitability, is $2.23. Zacks Investment Research reports CSGS's forecasted earnings growth in 2016 as -4.82%, compared to an industry average of 7.7%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-06-13,75.8959,76.466,75.8052,76.0211, ADP,2016-06-14,75.8544,76.386,75.8544,76.3072, ADP,2016-06-15,76.3426,76.7627,76.0804,76.4126, ADP,2016-06-16,76.0625,76.9136,75.8091,76.7786, ADP,2016-06-17,76.8318,76.8851,75.8219,76.4126, ADP,2016-06-20,77.3378,78.0261,77.244,77.6602, ADP,2016-06-21,77.888,78.0784,77.5586,77.9137,"[""Analysts At BMO Capital Give Investors Their Picks In 4 Sectors"", ""Analysts At BMO Capital Give Investors Their Picks In 4 Sectors"", ""Convergys Corporation (CVG) Ex-Dividend Date Scheduled for June 22, 2016 Convergys Corporation ( CVG ) will begin trading ex-dividend on June 22, 2016. A cash dividend payment of $0.09 per share is scheduled to be paid on July 08, 2016. Shareholders who purchased CVG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.5% increase over the prior quarter. At the current stock price of $26.21, the dividend yield is 1.37%. The previous trading day's last sale of CVG was $26.21, representing a -8.16% decrease from the 52 week high of $28.54 and a 27.42% increase over the 52 week low of $20.57. CVG is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). CVG's current earnings per share, an indicator of a company's profitability, is $1.68. Zacks Investment Research reports CVG's forecasted earnings growth in 2016 as 7.53%, compared to an industry average of 7%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Analysts At BMO Capital Give Investors Their Picks In 4 Sectors""]" ADP,2016-06-22,78.2016,78.2865,77.3999,77.4649, ADP,2016-06-23,78.2697,78.4453,77.7322,78.4453, ADP,2016-06-24,75.2066,77.1711,75.0429,75.6365,"Despite Mixed Data, Markets Still Intact InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips This week, the stock market sloshed around as we received a handful of mixed economic reports. These data have a real impact on our portfolios, so let's review what's going on with the economy right now: The biggest news was the May payroll report. On Friday, the Labor Department announced that just 38,000 new jobs were created last month. This was well below economists' expectations of 158,000 jobs. In fact, May was the weakest month for job creation in five and a half years. Ironically, the unemployment rate fell from 5.0% in April to 4.7% in April. However, that's only because the workforce shrank by 458,000, pushing the labor force participation rate down to 62.6%. The other bad news was that the previous two months' payrolls were revised lower by 59,000 jobs. With the exception of the healthcare sector, job growth has been soft across all industries. Separately, Automatic Data Processing ( ADP ) reported that 173,000 private sector jobs were created last month. This was better than the forecast of 165,000 jobs. Additionally, April's payrolls were revised higher by 9,000 to 165,000. While these revisions are encouraging, I expect the Fed to focus more on the Labor Department's payroll report. The Top 10 S&P 500 Dividend Stocks to Buy Now In other news, the Commerce Department announced that the trade gap widened by 5.3% to $37.4 billion. In April, imports jumped 2.1% while exports climbed 1.5%. While the trade deficit was lower than the consensus estimate of $41.3 billion, it is still on the high side. This is significant because a wider trade gap drags down overall economic growth. I'd also like to point out the Conference Board's consumer confidence index, which fell from 94.7 in April to 92.6 in May. This was shocking, because economists were expecting consumer confidence to rise to 96. Apparently, consumers are becoming less confident about their present situations; the current conditions index fell from 117.1 to 112.9. 7 Stocks You Should Dump From Your Retirement Portfolio It's likely that higher gasoline prices and housing costs are making consumers more cautious. That's all I have for you this week; I'll be back on Monday with our weekly ratings changes. More From InvestorPlace 10 ""Growth"" Stocks That Just Don't Have It Anymore 10 Stocks You Should Buy at a Moment's Notice The post Despite Mixed Data, Markets Still Intact appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-06-27,74.957,75.3565,74.3377,74.7095,"[""Paychex (PAYX) Q4 Earnings: What's in Store for the Stock? Paychex Inc.PAYX is set to report fourth-quarter fiscal 2016 results on Jun 30. Last quarter, the payroll and human resource solutions provider's earnings were in line with the Zacks Consensus Estimate. In the past four quarters, the company has outperformed the Zacks Consensus Estimate twice and matched the same on two occasions. This represents an average positive earnings surprise of 0.98%. PAYCHEX INC Price and EPS Surprise PAYCHEX INC Price and EPS Surprise | PAYCHEX INC Quote Let's see how things are shaping up for this announcement. Factors at Play We are encouraged by Paychex's investments in product development and focus on boosting sales force to drive revenues. We also believe that the company's expansion initiatives, including joint ventures and acquisitions, are in sync with its long-term growth strategy. One of the key secular growth drivers for Paychex is the demand for outsourcing. Human Resource Services outsourcing is a large, less-than-half-penetrated market that offers significant cost-cutting potential. Moreover, growing regulatory burden on small companies underscores increasing need for outsourcing non-core activities. The company continues to capitalize on this opportunity by regularly introducing new products and services for upselling and moving into the mid-market, which should aid results in the to-be-reported quarter. However, sluggish economic growth and a possible rise in interest rates remain concerns. Moreover, intensifying competition in the outsourcing space from major players like Automated Data Processing Inc. ADP and Insperity could add to its woes. Earnings Whispers Our proven model does not conclusively show that Paychex will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at 49 cents. Hence, the difference is 0.00%. Zacks Rank: Although Paychex's Zacks Rank #2 increases the predictive power of ESP, its 0.00% ESP makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum. Stocks to Consider Here are a couple of stocks that you may consider as our model shows that they have the right combination of elements to post an earnings beat in their upcoming releases: Synergy Resources Corporation SYRG , with an Earnings ESP of +50.00% and a Zacks Rank #2. Worthington Industries, Inc. WOR , with an Earnings ESP of +9.52% and a Zacks Rank #2. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WORTHINGTON IND (WOR): Free Stock Analysis Report SYNERGY RES CP (SYRG): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Makes Notable Cross Below Critical Moving Average In trading on Monday, shares of Automatic Data Processing Inc. (Symbol: ADP) crossed below their 200 day moving average of $85.54, changing hands as low as $85.23 per share. Automatic Data Processing Inc. shares are currently trading off about 1.2% on the day. The chart below shows the one year performance of ADP shares, versus its 200 day moving average: Looking at the chart above, ADP's low point in its 52 week range is $64.29 per share, with $91.00 as the 52 week high point - that compares with a last trade of $85.75. According to the ETF Finder at ETF Channel, ADP makes up 2.79% of the SPDR Morgan Stanley Technology ETF (Symbol: MTK) which is trading lower by about 2.7% on the day Monday. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Amdocs Limited (DOX) Ex-Dividend Date Scheduled for June 28, 2016 Amdocs Limited ( DOX ) will begin trading ex-dividend on June 28, 2016. A cash dividend payment of $0.195 per share is scheduled to be paid on July 15, 2016. Shareholders who purchased DOX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 14.71% increase over the same period a year ago. At the current stock price of $54.66, the dividend yield is 1.43%. The previous trading day's last sale of DOX was $54.66, representing a -11.06% decrease from the 52 week high of $61.46 and a 9.2% increase over the 52 week low of $50.06. DOX is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). DOX's current earnings per share, an indicator of a company's profitability, is $2.65. Zacks Investment Research reports DOX's forecasted earnings growth in 2016 as 5.73%, compared to an industry average of 13.6%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: VanEck Vectors Israel ETF ( ISRA ) PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 11.91% over the last 100 days. ISRA has the highest percent weighting of DOX at 5.33%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-06-28,75.2804,76.6996,74.9659,76.6838,"[""What Will Drive ADP's Revenue And EBITDA Growth In 2016? ADP ( ADP ) has reported 7-8% revenue growth over the last few years, fueled by higher demand for HR outsourcing and services in that period. HR outsourcing revenues have increased by over 15% in each of the last three years. Comparatively, payroll processing revenues have witnessed moderate single-digit growth in the last four years. In line with the trend over the previous years, we forecast ADP's net revenues to grow by 8% in 2016, with growth primarily coming from HR outsourcing and services. Additionally, ADP's cash operating expenses are likely to increase at the same rate as revenues, leading to a roughly flat operating margin over the previous year. According to our estimates, ADP's adjusted EBITDA margin stood at just under 21% in 2015 and is likely to remain at around that level through 2016. It should be noted that the key contributor to the EBITDA growth is the corresponding increase in revenue, while the impact of changes in operating expenses is negligible for ADP. Have more questions about ADP? What's ADP's Fundamental Value Based On Expected 2016 Results? How Do Paychex And ADP Compare On Core Payroll Processing Business? What's ADP's Revenue & EBITDA Breakdown By Segment? How Has ADP's Revenue & EBITDA Composition Changed In The Last Five Years? Where Will ADP's Revenue Growth Come From In The Next Five Years? Notes: 1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com 2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our full analysis for ADP . View Interactive Institutional Research (Powered by Trefis): Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap More Trefis Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""How Is Paychex Expected To Perform In 2016? Paychex's ( PAYX ) revenues have grown by 8-9% over the last few years, with much of the growth coming from its HR outsourcing and services business. HR outsourcing revenues have grown at over 15% over the last few years, with the company cementing its position as the market leader for HR outsourcing for small and medium sized businesses. Comparatively, its core payroll processing business has grown at a steady 3-4%, owing to consistent 2-4% price increases over the last few years to complement the growth in its customer base. We forecast Paychex's net revenues to increase by 8% this year, with the most growth coming from HR outsourcing and services. Additionally, Paychex managed to limit the increase in expenses leading to healthier margins. Given that Paychex's expenses in the Payroll division and interest income are largely fixed in nature, we expect the revenue growth to translate to an improvement in margins. Consequently, Paychex's adjusted EBITDA margin for 2016 could increase from 43.5% in 2015 to 45.5% in 2016. Have more questions about Paychex ( PAYX )? See the links below: What's Paychex's Fundamental Value Based On Expected 2016 Results? What's Paychex's Revenue & Earnings Composition? How Has Paychex's Revenue & EBITDA Composition Changed In The Last Five Years? Where Will Paychex's Revenue Growth Come From In The Next Five Years? How Do Paychex And ADP Compare On Core Payroll Processing Business? Notes: 1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com 2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Paychex . View Interactive Institutional Research (Powered by Trefis): Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap More Trefis Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for June 29, 2016 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on June 29, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on July 21, 2016. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the same period a year ago. At the current stock price of $23.2, the dividend yield is 1.9%. The previous trading day's last sale of TYPE was $23.2, representing a -16.43% decrease from the 52 week high of $27.76 and a 12.54% increase over the 52 week low of $20.62. TYPE is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). TYPE's current earnings per share, an indicator of a company's profitability, is $.6. Zacks Investment Research reports TYPE's forecasted earnings growth in 2016 as -5.56%, compared to an industry average of 9.3%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-06-29,77.1612,77.9216,76.9925,77.749, ADP,2016-06-30,77.9463,80.1277,77.391,80.1277,"[""Futures Dip Slightly, British PM Saga Heats Up Thursday, June 30, 2016 Futures are down slightly ahead of the opening bell on this, the last day of calendar Q2, following 2 big up days in the markets that won back more than half what was lost after last Friday's Brexit decision and the Monday aftermath. The Dow, for instance, was down roughly 800 points as of this time Tuesday morning, but have gained back around 550 points since then. Considering the global collective gasp that came after the Brexit decision, cooler heads seem to have (so far) prevailed. Of course, there is plenty still to slog through and hash out - September is when a new Prime Minister of the UK shall be decided, and it will take several quarters beyond until the decoupling of Great Britain from the European Union (EU) is complete. But if the past week is any indication, this may not wind up being the fiscal disaster many have been expecting. Speaking of the new British Prime Minister (PM), things did take a rather dramatic turn overnight. Leader of he Leave movement and former Mayor of London Boris Johnson, as of yesterday considered a front-runner for the PM seat, was verbally derided by conservative MP (member of Parliament) Michael Gove, who was quoted as saying Johnson \""cannot provide the leadership\"" for a proper Brexit. This comes as a surprise to those who felt Gove would naturally support Johnson for the Prime Ministership. Conservative MP Theresa May, perhaps now the PM candidate front-runner now that Johnson has stated he no longer intends to run for the post, had been in David Cameron's Remain camp. However, speaking earlier she said, \""Brexit is Brexit.\"" If she were to become PM, in other words, there would be no back-door deals to take back the vote and keep Great Britain part of the EU. This not only honors the democratic process at work in the UK, but keeps the EU from being forced to consider a do-over, which they might be profoundly reluctant to do. Here at home, Weekly Jobless Claims rose 10K from last week's slightly downward revised 258K to 268K on the week. For months, with only one or two outliers, jobless claims have been within a very manageable 250-275K per week, which is consistent with monthly unemployment numbers hovering around 4.7% - also an attractive and manageable figure. Continuing claims slipped to 2.12 million from a revised 2.14 million last week. Finally, speaking of non-farm payroll, the Bureau of Labor Statistics (BLS) monthly jobs report will be released a week from tomorrow. May numbers shocked the markets with a very paltry 38K jobs generated; between the BLS and ADP ( ADP ) jobs reports next week, we may be able to see mrs clearly what's happening in the U.S. labor market. Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports AUTOMATIC DATA (ADP): Free Stock Analysis Report NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Intuit Hits 52-Week High: Should it Be in Your Portfolio? Shares of Intuit Inc . INTU hit a new 52-week high of $109.37 on Jun 29, eventually closing at $109.29. The stock has delivered a strong one-year return of 7.6% and a year-to-date return of 13.3%. The average trading volume for the last three months aggregated approximately 1.4 million. What is Driving the Stock Upward? Intuit's shares have been on the rise ever since the company declared better-than-expected third-quarter fiscal 2016 results on May 24, 2016. Also, an encouraging fourth-quarter fiscal 2016 outlook, a strong cash position and share repurchase drove Intuit shares higher. The company reported adjusted earnings (including stock-based compensation but excluding amortization and other one-time items) from continuing operations of $3.27 per share, which fared better than the Zacks Consensus Estimate of $3.03. Moreover, on a year-over-year basis, adjusted earnings surged 24.3%. The bottom line was mainly driven by higher revenues, efficient cost management and a lower share count. This tax-preparation related software maker reported revenues of $2.304 billion, which came above management's guided range of $2.210-$2.260 billion and surpassed the Zacks Consensus Estimate of $2.246 billion as well. On a year-over-year basis too, revenues were up 7.9% mainly on the back of the company's ongoing transformation into a global cloud company and higher demand resulting from the U.S. tax season. Bolstered by the solid performance, Intuit raised its fiscal 2016 guidance and issued an encouraging outlook for the fiscal fourth quarter. The company now anticipates revenues of $4.660 billion to $4.680 billion, up from its earlier guidance of $4.525-$4.600 billion. The Zacks Consensus Estimate is pegged at $4.661 billion. Non-GAAP operating income is now expected in the range of $1.490 billion to $1.510 billion, up from the previous projection of $1.450-$1.480 billion. Non-GAAP earnings per share are now projected between $3.63 and $3.65, up from the prior guidance of $3.45-$3.50. The Zacks Consensus Estimate currently stands at $3.03. For the fourth quarter, the company anticipates revenues in the range of $720 million to $740 million. The Zacks Consensus Estimate is pegged at $738 million. While the company expects to break even on a non-GAAP in the fourth quarter, the Zacks Consensus Estimate stands at a loss of 23 cents. With respect to earnings surprise, this Zacks Rank #3 (Hold) stock surpassed the Zacks Consensus Estimate in the last four quarters with an average surprise of 74.5%. An encouraging fourth quarter and fiscal 2016 outlook and a bright overall trend resulted in upward estimate revisions for Intuit. Over the last 60 days, all the four estimates for Intuit were revised upward for fiscal 2016. The Zacks Consensus Estimate for fiscal 2016 went up 8.6% to $3.03. Moreover, the stock looks attractive from a valuation perspective. This is because Intuit currently trades at a forward P/E of 35.04x as against the industry group average of 98.00x, which signifies a huge upward potential. Furthermore, we are positive about Intuit's growing SMB exposure and believe that its strategic acquisitions will boost the segment. Increased adoption of its cloud-based services and products is another positive. However, rising competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit has a Zacks Rank #3 (Hold). A better-ranked stock worth considering in the technology sector is Amazon.com, Inc. AMZN , which sports a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMAZON.COM INC (AMZN): Free Stock Analysis Report PAYCOM SOFTWARE (PAYC): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex (PAYX) Reports In-Line Q4 Earnings, Revenues Beat Paychex Inc.PAYX reported strong results for fourth-quarter fiscal 2016 wherein the bottom line matched the Zacks Consensus Estimate while the top line beat. Nevertheless, the company marked a year over year improvement on both counts. Earnings of 49 cents per share came in line with the Zacks Consensus Estimate and grew 11.4% year over year mainly on the back of higher revenues. Quarter Details Paychex reported total revenue (including Interest on funds held for clients) of $753.9 million, up 9% year over year. Moreover, it surpassed the Zacks Consensus Estimate of $751 million. Excluding interest on funds held for its clients, total services revenue (Payroll service and Human Resource Services) grew 9% year over year to $741.6 million. Payroll Service segment revenues went up 5% from the year-ago period to $430.4 million, primarily on the back of higher revenue per check and client base. The acquisition of Advanced Partners contributed approximately 1% to the segment's revenue growth. Human Resource Services segment revenues rose 14% year over year to $311.2 million mainly driven by solid growth in client base and worksite employees, increased revenues from retirement and online HR administration services. Interest on funds held for clients increased 14% on a year over year basis to $12.3 million primarily benefiting from higher average interest rates earned. Paychex's total expenses increased 8% from the year-ago figure to $477.6 million due to 6% rise in compensation-related expenditure. However, total expenses, as a percentage of total revenue, decreased 30 basis points (bps) to 62.3%. Consequently, Paychex's operating margin expanded 30 bps to 36.6%. In dollar terms, reported operating income increased 10% year over year to $276.3 million. Net income came in at $178.1 million or 49 cents, up from $161.2 million or 44 cents reported last year. Balance Sheet & Cash Flow Paychex exited fiscal fourth quarter with cash, cash equivalents and corporate investments of $352.1 million compared with $327.2 million at the end of the previous quarter. The company has no long-term debt. The company generated operating cash flow of $1.018 billion in fiscal 2016. During the fiscal, Paychex repurchased approximately $107.9 million common stocks and paid $606.5 million as dividend. Guidance Paychex issued the fiscal 2017 outlook. Management expects 4% year over year increase in Payroll Service revenues. Human Resource Services revenues are likely to grow in the range of 12-14%. Total service revenue is likely to increase 7-8%. Interest on funds held for its clients and investment income are projected to grow in the mid-single-digit range. Operating income as a percentage of revenues is likely to be 38%. Effective income tax rate is anticipated to be in the range of 35.5% to 36%. Net income is likely to increase 8% year over year. Our Take Paychex reported strong fourth-quarter results with earnings coming in line with the Zacks Consensus Estimate while revenues surpassing the same. Moreover, the company issued an optimistic fiscal 2017 guidance, signifying that it is relatively well placed despite the current macroeconomic sluggishness. Furthermore, we are encouraged by Paychex's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives, such as joint ventures and acquisitions, support the long-term growth strategy. Product launches are expected to be the other growth drivers. Moreover, Paychex's focus on small- and mid-sized businesses looking for HR solutions could provide growth opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity NSP remain the primary concerns. Currently, Paychex has a Zacks Rank #3 (Hold). A better-ranked stock worth considering in the broader technology sector is FormFactor Inc. FORM carrying a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FORMFACTOR INC (FORM): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-07-01,80.2402,81.0883,80.0577,80.8959,"[""iShares Edge MSCI Min Vol Global ETF Experiences Big Inflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol Global ETF (Symbol: ACWV) where we have detected an approximate $83.8 million dollar inflow -- that's a 2.7% increase week over week in outstanding units (from 40,200,000 to 41,300,000). Among the largest underlying components of ACWV, in trading today General Mills, Inc. (Symbol: GIS) is up about 0.3%, Southern Company (Symbol: SO) is off about 0.1%, and Automatic Data Processing Inc. (Symbol: ADP) is up by about 0.5%. For a complete list of holdings, visit the ACWV Holdings page \u00bb The chart below shows the one year price performance of ACWV, versus its 200 day moving average: Looking at the chart above, ACWV's low point in its 52 week range is $58.12 per share, with $76.84 as the 52 week high point - that compares with a last trade of $76.72. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Market Recovers from Brexit; Now What? Friday, July 1, 2016 Quite impressively, following a big unforced error in Great Britain, the likes of Wimbledon has never seen - Brexit - U.S. markets have more or less fully recovered a mere 3 trading days immediately after the 800-point (on the Dow) crater. Question is: what's next? Pre-open market futures aren't giving much of an indication either way at this point - the Dow, Nasdaq and S&P 500 are all hovering around unched this morning. Yesterday's Chicago PMI orders cranked up 7.5 points to 56.8 (a measure over 50 indicates growth; under 50 shows a loss) for June. This indicates strength in the Midwestern region going forward, as the jump is in advanced orders. New orders for Chicago PMI have reached their highest levels in 7 quarters. Backlog orders haven't been this high in more than 5 years. Otherwise, the U.S. market indicators will come out later today, before our 3-day Independence Day weekend: ISM Manufacturing, Construction and June U.S. Auto sales numbers are all expected following the Friday market open. Will these results be actively traded on? Considering the vacation habits of a plurality of Americans, we may see this play out more convincingly in the holiday-shortened week beginning on Tuesday. A week from today will be the June non-farm payroll report, which delivered a shockingly low 38K new jobs in the previous month's read. But the ADP ( ADP ) report which preceded the Friday jobs numbers was far more in-line with expectations. Do we expect a big correction for May/June? If so, and considering the Brexit recovery, does this put a near-term interest rate hike possibility from the Fed back on the table? Likely we won't be worrying about this until sometime next week. Have a great 4th of July holiday, everyone, and be careful - beer, sunshine and presidential politics discussions can be a dangerous mix! Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports AUTOMATIC DATA (ADP): Free Stock Analysis Report NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-07-05,80.7027,81.681,80.5291,81.3822, ADP,2016-07-06,81.4897,81.6583,80.8348,81.4808,"[""Trade Early Release Of Nonfarm Employment Change By ADP"", ""Option Alert: ADP Aug16 90.0 Puts Sweep: 801 @ ASK $1.20: 802 traded vs 505 OI: Earnings 7/28 Before Open $93.35 Ref"", ""Option Alert: ADP Aug16 90.0 Puts Sweep: 801 @ ASK $1.20: 802 traded vs 505 OI: Earnings 7/28 Before Open $93.35 Ref"", ""Trade Early Release Of Nonfarm Employment Change By ADP"", ""Big Data/Short Week Continues Wednesday, July 6, 2016 The big data/short week narrative continues this morning, two days ahead of the big June Jobs Report that investors and economists will be watching very closely. Until that time, we have plenty to chew on. Today ahead of the bell we see a May Trade Deficit in the U.S. of $41.1 billion, up from April's read of $37.4 billion. No alarm bells sounded in he immediate aftermath; the Dow, Nasdaq and S&P 500 were -101, -29 and -12 points, respectively, ahead of the release, and are -108, -31 and -13 since. We will spend more time considering the results of ISM Services (Non-Manufacturing) data at 9am CT today, These numbers have been trading downward as of late, and analysts are looking for a figure somewhere around 53 (over 50 indicates expansion). The ISM Manufacturing survey last Friday surprised to the upside, but the U.S. economy is far more Services than Manufacturing driven these days, so today's report is the more consequential. Later today - 1pm Central, to be exact - the latest minutes from the Federal Open Market Committee (FOMC) will be released, giving some insight into why the Fed resisted raising interest rates another quarter percent. This most recent meeting last month followed the heavily disappointing May Jobs Report, which showed the U.S. only gaining 38K jobs, more than 100K off estimates. Many observers maintain that this poor employment showing helped seal the fate to keep interest rates unchanged in June (and perhaps all summer, maybe beyond), but today's minutes will tell us for sure. Normally in the first full week of a new month, Wednesday awaits the ADP ( ADP ) private sector jobs report, but this Independence Day-shortened week is pushing this read back until tomorrow. Part of the big jobs miss last month was due to the May ADP read which saw 173K private sector jobs in the month. We look to either see a big adjustment either when ADP reports these June numbers before the bell or on Friday's BLS non-farm payroll report. Over time, these two reports tend to move in line. We are still a week away from the big first week of Q2 earnings, but we get a taste this morning with Walgreens Boots Alliance ( WBA ) posting sales improvements year over year, but lower than consensus expectations. Earnings were down year over year, but Walgreens is operating with lots of moving parts these days: it has ended its alliance with maligned pharma company Theranos, as well as the $9.4 billion acquisition of Rite Aid (expected to close sometime in 2H 2016) and Walgreens attempt to buy a significant stake in AmerisourceBergen ( ABC ). Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WALGREENS BAI (WBA): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report AMERISOURCEBRGN (ABC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wipro Limited (WIT) Ex-Dividend Date Scheduled for July 07, 2016 Wipro Limited ( WIT ) will begin trading ex-dividend on July 07, 2016. A cash dividend payment of $0.01493 per share Shareholders who purchased WIT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -79.8% decrease from the prior dividend payment. The previous trading day's last sale of WIT was $12.25, representing a -6.35% decrease from the 52 week high of $13.08 and a 15.02% increase over the 52 week low of $10.65. WIT is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). WIT's current earnings per share, an indicator of a company's profitability, is $.56. Zacks Investment Research reports WIT's forecasted earnings growth in 2017 as 4.94%, compared to an industry average of 13.1%. For more information on the declaration, record and payment dates, visit the WIT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Option Alert: ADP Aug16 90.0 Puts Sweep: 801 @ ASK $1.20: 802 traded vs 505 OI: Earnings 7/28 Before Open $93.35 Ref"", ""Trade Early Release Of Nonfarm Employment Change By ADP""]" ADP,2016-07-07,81.2619,81.7076,80.9995,81.5508,"[""TeleTech Unit eLoyalty Unveils Second CCaaS Cloud Upgrade eLoyalty - a unit of TeleTech Holdings Inc.TTEC - recently announced the release of the second major upgrade of its Cisco Powered Contact Center as a Service (CCaaS) Cloud offering. About eLoyalty eLoyalty is a leading provider of business transformational solutions, assisting its clients to completely revolutionize the customer experience. In 2011, TeleTech acquired eLoyaltyaugmenting the TeleTech Cloud suite of products with eLoyalty's capabilities and intellectual property under the eLoyalty brand. The Product The company has constantly focused on innovation of its acclaimed icPortal administration system, which provides a differentiated experience across the Cisco contact center ecosystem. This product will offer secure mobile (smartphone/tablet) access to manage call center operations from any location, at any point in time. It will also make it possible to manage nearly all aspects of the customer experience from a mobile device through the icPortal mobile application. Given the benefits, it is likely to give a boost to the company's top line growth. TELETECH HLDGS Price TELETECH HLDGS Price | TELETECH HLDGS Quote TeleTech's icPortal TeleTech's icPortal provides frictionless access and personalization of an individual's contact center management. This user-friendly interface provides easy solutions, without having to wade through levels of navigation. The portal's launchpad links can be modified as per requirement, in order to carry out tasks with speed and precision. The company's differentiated Cloud offering enhances the power and flexibility of Cisco's HCS platform. TeleTech Business Headquartered in Englewood, CO, TeleTech is an outsourcing company that provides analytics-driven and technology-enabled customer engagement management solutions. It serves over 250 clients from various industries, which include the automotive, communications, financial services, government, healthcare, logistics, media and entertainment, retail, technology, travel and transportation industries worldwide. TeleTech has approximately 46,000 employees across 80 countries. TeleTech carries a Zacks Rank #4 (Sell). Some better ranked stocks in the same space worth a look include Automatic Data Processing, Inc. ADP , StarTek, Inc. SRT and Professional Diversity Network, Inc. IPDN . All three stocks carry a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report TELETECH HLDGS (TTEC): Free Stock Analysis Report STARTEK INC (SRT): Free Stock Analysis Report PROFESSNL DIV (IPDN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP, Jobless Claims Advance Occam's Razor Thursday, July 7, 2016 June's private sector payroll report from ADP ADP was released this morning, topping analyst estimates of 151K by posting 172K new jobs last month. May's ADP tally was revised downward by 5000 jobs to 168K. The biggest pickup was in Services - up 208K in June, including Trade/Transportation/Utilities up 55K and Professional/Business Services up 51K. Goods fell 36K for the month, with Manufacturing jobs down 21K and Construction -5K. Like last month, these numbers suggest the U.S. remains near full employment. Weekly jobless claims this morning look to back up this notion, as well. The 254K jobless claims reported for June represents a 16K drop from the revised totals for May. We may be seeing a skew related to the shortened holiday week, but we nevertheless have not seen new jobless claims numbers in the U.S. this low since the early 1970s. Now for the Important Question So\u2026 what does all this mean for tomorrow's non-farm payroll June Jobs Report from the Bureau of Labor Statistics (BLS)? Most clearly, it continues to advance the narrative that May's paltry 38K jobs gains was a mere blip, or an aberration. My esteemed colleague John Blank pointed out yesterday to me in conversation that because the May BLS payroll report was released on June 3rd, there may not have been ample time to receive all the data from around the country. It would not have been the first time we have seen this sort of thing. This would seem to bear out based on these latest ADP and jobless claims reads, but we'll know for sure when the BLS report comes out before the bell tomorrow. Basically, another report vastly sub-100K new jobs for the month of June would signal something is amiss - not least of all the sudden disparity between monthly jobless indexes. Occam's Razor is the dictum that the simplest answer to a question is most often the correct one. So instead of attempting to twist our logic into a pretzel that something invisible and destructive in the U.S. labor market is afoot - which by definition could only marginally be affected by Brexit, which didn't happen until after the May jobs report anyway - we expect to see a big correction on tomorrow's non-farm payroll totals. That's what the analysts are betting on, anyway. Pepsi Reports Earnings Pepsico PEP has reported quarterly earnings, topping earnings estimates by 7 cents while coming in more or less in-line on revenues for the quarter. This represents the fourth beat in the last 5 quarters for Pepsico, which before the earnings release was listed as a Zacks Rank #2 (Buy) stock with a Value-Growth-Momentum (VGM) Style Score of B. Read more about Pepsi's earnings here . Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PEPSICO INC (PEP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Jacobs Plans Aviation Business Expansion to Meet Demand Jacobs Engineering Group Inc.JEC recently announced its intention to expand its global aviation business to capture the growing demand for aviation services. To this end, the company has hired personnel for several important positions, including that of a Global Aviation Business Leader. Some of the most notable appointments include those of Steven B. Morris, Stephen M. Pelham, James Chilton and David Tomber. According to surveys by premium aviation research institutes like International Air Transport Association ('IATA') and Airports Council International ('ACI'), the global aviation industry has scope for robust business growth in spite of headwinds like intense competition or high price volatilities. Several analysts predict that the intensity of air travel would more than double over the next two decades. Jacobs expects its aviation business revenues and margins to improve over time. Increased passenger and cargo revenues should support top-line growth. Also, higher sales and sharp decline in fuel prices should boost profitability of the aviation business. Jacobs remains focused on fortifying its aviation business with the aim to forge new public-private partnerships, improve delivery options and enhance construction management. Jacobs shares gained 2.32% on the aforesaid announcement to $49.78 as of Jul 6, 2016. The upside reflects investors' confidence on the stock. JACOBS ENGIN GR Price JACOBS ENGIN GR Price | JACOBS ENGIN GR Quote Zacks Rank and Stocks to Consider Jacobs currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry include ABM Industries Incorporated ABM , Accenture plc ACN and Automatic Data Processing, Inc. ADP . All the three companies presently holds a Zacks Rank #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JACOBS ENGIN GR (JEC): Free Stock Analysis Report ABM INDUSTRIES (ABM): Free Stock Analysis Report ACCENTURE PLC (ACN): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-07-08,82.0903,82.4976,81.6722,82.3979,"[""Got Your Jobs Correction Right Here! Friday, July 8, 2016 The June Non-farm Payroll Report was released before the bell this morning, bringing 287K jobs to the market - well ahead of the 150-170K range expected by a plurality of analysts. This follows a downwardly revised, sickly 11K in the month of May, which sent heads scratching across the country (when the tally was 38K) and kept the Fed from raising interest rates last month. This is the biggest jobs beat in a long time. Too bad it follows the worst monthly performance of the last several quarters. The Unemployment Rate rose to 4.9%, a result of more than 400K Americans re-joining the workforce. The Participation Rate came in at 62.7%. The long-term unemployed remains above 200K, however, so there is certainly room to improve in the U.S. labor market. But private sector jobs gains of 265K is nothing to sneeze at - and it's far better than the ADP ( ADP ) private sector jobs number of 172K released yesterday. While the ADP number has stayed roughly consistent month over month, the Bureau of Labor Statistics (BLS) report has shown wild volatility from 11K to 287K in the course of a month. Instead of trying to figure out why there's such a disparity, let's pull back our focus a moment and show a 3-month average new jobs gains figure of 147K. True, today's impressive number does bump up this average somewhat, but this is still a less-than-stellar number overall. In fact, the overall pace of new employment does happen to be slowing, and looks to continue on this trajectory (barring a series of 250K increases in jobs for the next few months, of course). This indicates the market is finally seeing labor constraints, and a slight rise in hourly wages also bears this out. Breaking down the jobs numbers by sector: Leisure & Hospitality +59K Health & Social Services +58K Information +44K (largely a result of returning Verizon [ VZ ] workers) Professional/Business Services +38K Retail Trade +30K The stock market definitely likes these numbers: while futures were up slightly prior to the jobs report, they swung toward a much higher open upon its release. And with a 3-month average jobs number still below 150K, common wisdom currently banks on the side of no Fed re-think regarding raising interest rates in the near term. Happy Friday! Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VERIZON COMM (VZ): Free Stock Analysis Report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports AUTOMATIC DATA (ADP): Free Stock Analysis Report NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Formula Systems (1985) Ltd. (FORTY) Ex-Dividend Date Scheduled for July 11, 2016 Formula Systems (1985) Ltd. ( FORTY ) will begin trading ex-dividend on July 11, 2016. A cash dividend payment of $0.34 per share is scheduled to be paid on August 04, 2016. Shareholders who purchased FORTY prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that FORTY has paid the same dividend. The previous trading day's last sale of FORTY was $31.81, representing a -10.74% decrease from the 52 week high of $35.64 and a 35.15% increase over the 52 week low of $23.54. FORTY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). FORTY's current earnings per share, an indicator of a company's profitability, is $1.13. For more information on the declaration, record and payment dates, visit the FORTY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-07-11,82.8585,83.4167,82.7195,82.971,"[""Bernstein Upgrades Automatic Data Processing to Outperform"", ""Benzinga's Top Upgrades"", ""Benzinga's Top Upgrades"", ""Bernstein Upgrades Automatic Data Processing to Outperform"", ""Paychex (PAYX) Hits a New 52-Week High: Should You Hold? Shares of Paychex Inc.PAYX hit a new 52-week high of $61.50 on Jul 8, 2016, eventually closing at $61.33. The stock has delivered a strong one-year return of 28.4% and a year-to-date return of 15.9%. The average trading volume for the last three months aggregated approximately 2.07M. This Zacks Rank #3 (Hold) company has a market cap of $22.10 billion and a long-term expected earnings growth rate of 9.4%. What is Driving the Stock Upward? On Jun 30, 2016, Paychex reported strong results for fourth-quarter fiscal 2016 wherein the bottom line matched the Zacks Consensus Estimate while the top line beat. Nevertheless, the company marked a year-over-year improvement on both counts. Earnings of 49 cents per share came in line with the Zacks Consensus Estimate and grew 11.4% year over year mainly on the back of higher revenues. Paychex reported total revenue (including Interest on funds held for clients) of $753.9 million, up 9% year over year. Moreover, it surpassed the Zacks Consensus Estimate of $751 million. Excluding interest on funds held for its clients, total services revenue (Payroll service and Human Resource Services) grew 9% year over year to $741.6 million. Moreover, the company issued an optimistic fiscal 2017 guidance, signifying that it is relatively well placed despite the current macroeconomic sluggishness. For fiscal 2017, management expects 4% year over year increase in Payroll Service revenues. Human Resource Services revenues are likely to grow in the range of 12%-14%. Total service revenue is likely to increase 7%-8%. Interest on funds held for its clients and investment income are projected to grow in the mid-single digit range. Furthermore, we are encouraged by Paychex's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansion initiatives, such as joint ventures and acquisitions, support its long-term growth strategy. Product launches are expected to be the other growth drivers. Moreover, Paychex's focus on small- and mid-sized businesses looking for HR solutions could provide growth opportunities. Going further, we are optimistic that Paychex might witness growth by successfully cross-selling newer products such as Paychex Premier, Major Market Services (MMS) and ancillary HRS products such as 401(k) record keeping, health insurance sales and workers' compensation administration to the existing client base. Also, higher adoption of Paychex's Affordable Care Act (\""ACA\"") dashboard application that tracks employee count, employee status and health care plan affordability will act as a tailwind for the company. However, unfavourable interest rates and competition from Automatic Data Processing ADP and Insperity, Inc. NSP remain concerns. Stocks to Consider A stock worth considering in the broader technology sector is Stratasys Ltd. SSYS , which sports a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report STRATASYS LTD (SSYS): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Broadridge Financial (BR) Attains 52-Week High: Here is Why Shares of Broadridge Financial Solutions Inc.BR scaled a new 52-week high of $66.74 on Jul 8, before eventually closing at $66.62. The closing price represents a year-to-date return of over 25%. The average trading volume over the last three months aggregated roughly 983.7K shares. Broadridge's shares have gained 13.2% since it reported better-than-expected bottom-line results for the third quarter of fiscal 2016 on May 5. Notably, the stock has surpassed the Zacks Consensus Estimate in all of the four preceding quarters with an average positive surprise of 14.30%. Furthermore, both revenues and earnings increased from the year-ago quarter tallies, driven mainly by higher recurring revenues, contributions from Net New Business, higher distribution revenues and acquisition-related synergies. BROADRIDGE FINL Price and Consensus BROADRIDGE FINL Price and Consensus | BROADRIDGE FINL Quote Some of the optimism surrounding the stock can also be attributed to Broadridge's recently completed acquisition of DST Systems Inc.'s DST North American Customer Communications (NACC) business. NACC is the largest transactional printer in North America. The unit offers customer communication services including print and digital communication solutions, content management, postal optimization and fulfillment. Notably, NACC generated $1.1 billion of revenues in fiscal 2015, which accounted for approximately 39% of DST Systems' total revenue. The unit employs over 2,300 personnel and has four production facilities in El Dorado Hills, CA; South Windsor, CT; Kansas City, MO; and Markham in Ontario, Canada. The transaction will allow Broadridge to boost its digital communications offerings and expand the scale of its print communications business. The company's President and CEO, Richard Daly stated, \""The addition of NACC, an industry leader, is a natural extension of our communications business and will provide immediate benefits for our clients through enhanced production capabilities and expedited delivery times\"". Broadridge believes that the deal will be immediately accretive to its bottom line. The company expects the NACC acquisition to be 1-3 cents accretive to GAAP earnings and 11-14 cents to non-GAAP adjusted earnings during the first year post completion. During the second year, the transaction will provide 9-13 cents accretion to earnings on a GAAP basis and 16-21 cents on a non-GAAP adjusted basis. Apart from this, Broadridge also expects to achieve cost synergies of approximately $20 million within 18-30 months of closing the transaction. Broadridge is a leading global provider of technology-based outsourcing solutions to the financial services industry. The company offers a broad, integrated suite of innovative global solutions across the investment lifecycle, along with a wide range of cost-effective and scalable solutions to the financial industry. The company's systems lower clients' capital investments in operations infrastructure, thereby allowing them to focus on core business activities. Strength in the company's products and services, led by the Investor Communications business, allows it to navigate through the ongoing economic challenges. We believe that these positives, combined with new product initiatives, will enable the company to counter macro headwinds to a large extent. They will also provide Broadridge an opportunity to grow further as and when the financial services market improves. Furthermore, we are optimistic about Broadridge's strategic acquisitions, product launches, share repurchase programs and regular dividend payment policies. We believe that the company's close association with Accenture plc ACN will be beneficial over the long term as well. However, competition and pricing pressure remain major concerns. Currently, Broadridge carries a Zacks Rank #2 (Buy). Another favorably placed stock in the Outsourcing industry is Automatic Data Processing, Inc. ADP , carrying the same Zacks Rank as Broadridge. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DST SYSTEMS (DST): Free Stock Analysis Report ACCENTURE PLC (ACN): Free Stock Analysis Report BROADRIDGE FINL (BR): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Benzinga's Top Upgrades"", ""Bernstein Upgrades Automatic Data Processing to Outperform""]" ADP,2016-07-12,83.3645,83.4947,82.6407,82.6918,"[""SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) Ex-Dividend Date Scheduled for July 13, 2016 SCIENCE APPLICATIONS INTERNATIONAL CORPORATION ( SAIC ) will begin trading ex-dividend on July 13, 2016. A cash dividend payment of $0.31 per share is scheduled to be paid on July 29, 2016. Shareholders who purchased SAIC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that SAIC has paid the same dividend. At the current stock price of $59.16, the dividend yield is 2.1%. The previous trading day's last sale of SAIC was $59.16, representing a -4.47% decrease from the 52 week high of $61.93 and a 50.61% increase over the 52 week low of $39.28. SAIC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). SAIC's current earnings per share, an indicator of a company's profitability, is $2.49. Zacks Investment Research reports SAIC's forecasted earnings growth in 2017 as 12.34%, compared to an industry average of 10.7%. For more information on the declaration, record and payment dates, visit the SAIC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SAIC through an Exchange Traded Fund [ETF]? The following ETF(s) have SAIC as a top-10 holding: WisdomTree U.S. SmallCap Quality Dividend Growth Fund ( DGRS ). The top-performing ETF of this group is DGRS with an increase of 17.97% over the last 100 days. It also has the highest percent weighting of SAIC at 1.3%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""S&P 500 Hit Record High: 4 Growth Mutual Funds to Buy Better-than-expected jobs report cheered up the key U.S. indexes. After May's lackluster jobs report, markets remained concerned over June's job data. However, a surprise jump in job additions last month had a positive impact on investor sentiment and all the key U.S. indexes reached at their record high levels on July 11. Following this market rally, the addition of growth mutual funds to one's portfolio might prove to be one of the most suitable investment options. Risk taking investors, who give precedence to capital appreciation over dividend payout, may consider growth mutual funds for healthy returns. Luster Jobs Report According to the Bureau of Labor Statistics (BLS), the U.S. economy created a total of 287,000 jobs in June, significantly higher than the consensus estimate of 177,000. The economy added higher-than-expected new jobs for the first time in last four months. The tally was also considerably higher than May's downwardly revised job number of only 11,000. Moreover, the unemployment rate was 4.9% in June, which was higher than the consensus estimate of 4.8% and May's rate of 4.7%. This was mainly because more than 400,000 Americans re-joined the workforce and the labor force participation rate rose to 62.7%. Further, average hourly earnings gained 0.1% or 2 cents from May to $25.61 per hour in June. Although, this was lower than the consensus estimate of 0.2% and May's 0.2% increase, year-ago gains advanced 2.6%. Moreover, the Institute for Supply Management reported that ISM Services Index advanced from 52.9% in May to 56.5% in June, marking the best rise in the last seven months. Also, the reading was more than the consensus estimate of 53.3%. Additionally, a report from Automatic Data Processing, Inc. ADP revealed that private sector employers added 172,000 jobs in June, which was higher than May's revised figure of 168,000. S&P 500 at Its Best Each of the three key U.S. indexes reached their respective record highs on July 11. The S&P 500 closed at its highest level ever at 2,143.19, beating its previous record settlement of 2,130.82 on May 21, 2015. The S&P 500 also registered record intra-day highs of 2,143.19. Also, the Dow and the Nasdaq also rose to their highest levels this year. Also, the blue-chip index closed near the record level of 18,312.39 reached on May 19, 2015 and the tech-based index finished near the level of 5,000. Buy These 4Growth Mutual Funds Growth funds focus on realizing an appreciable amount of capital growth by investing in stocks of firms whose value is projected to rise over the long term. However, a relatively higher tolerance to risk and the willingness to park funds for the longer term are necessary when investing in these securities. This is because they may experience relatively more fluctuations than the other fund classes. Here, we have chosen growth mutual funds on the basis of large-cap, mid-cap and small-cap funds. Large-cap funds are an ideal investment option for investors looking for a high-return potential that comes with lower risk than small-cap and mid-cap funds. While, mid-cap funds are suitable for investors looking for high return that comes with lower risk than their small-cap counterparts. Further, small-cap funds tend to offer stronger growth potential compared to large- and mid-cap counter parts. We have selected four growth mutual funds that boast a Zacks Mutual Fund Rank #1 (Strong Buy) and percentage of net assets invested in common stocks of greater than 90%. Moreover, these funds have encouraging year-to-date, three-year and five-year annualized returns. They also have minimum initial investment within $5000 and low expense ratios. We expect these funds to outperform their peers in the future. Remember, the goal of the Zacks Mutual Fund Rank is to guide investors to identify potential winners and losers. Unlike most of the fund-rating systems, the Zacks Mutual Fund Rank is not just focused on past performance, but also on the likely future success of the fund. Loomis Sayles Growth ALGRRX seeks long-term growth of capital. The fund invests primarily in equity securities. Loomis Sayles Growth A has year-to-date, three-year and five-year annualized returns of 4.1%, 14.7% and 13.6%, respectively. LGRRX has an expense ratio of 0.92% as compared to the category average of 1.17%. Commerce GrowthCFGRX invests principally in stocks of companies that show above-average growth in earnings. The fund seeks appreciation of capital. Commerce Growth has year-to-date, three-year and five-year annualized returns of 7.8%, 14.6% and 12.3%, respectively. CFGRX has an expense ratio of 1.04% as compared to the category average of 1.17%. T. Rowe Price Mid-Cap GrowthRPMGX invests a major portion of its assets in a diversified portfolio of securities of mid-cap companies whose earnings are expected to increase at a higher rate than the average company. T. Rowe Price Mid-Cap Growth has year-to-date, three-year and five-year annualized returns of 3.9%, 13.2% and 12%, respectively. RPMGX has an expense ratio of 0.77% as compared to the category average of 1.28% . Brown Advisory Small-Cap Growth InvestorBIASX seeks to achieve capital appreciation by primarily investing in equity securities of small domestic growth companies. Brown Advisory Small-Cap Growth Investor has year-to-date, three-year and five-year annualized returns of 4.9%, 10.3% and 10%, respectively. BIASX has an expense ratio of 1.14% as compared to the category average of 1.31%. About Zacks Mutual Fund Rank By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the help of Zacks Rank. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report Get Your Free (BIASX): Fund Analysis Report Get Your Free (RPMGX): Fund Analysis Report Get Your Free (CFGRX): Fund Analysis Report Get Your Free (LGRRX): Fund Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-07-13,83.111,83.1988,82.5726,82.9798, ADP,2016-07-14,83.5124,83.539,82.8675,83.0409, ADP,2016-07-15,83.4671,83.5302,82.7984,82.9109, ADP,2016-07-18,83.111,83.1889,82.6938,82.7984, ADP,2016-07-19,82.7283,82.9029,82.5636,82.8762, ADP,2016-07-20,83.3457,83.4167,82.8911,83.1988, ADP,2016-07-21,82.9463,83.2254,82.3201,82.753, ADP,2016-07-22,83.3024,83.4581,82.6407,83.2422, ADP,2016-07-25,82.9965,83.1712,82.7461,83.111,"[""Noteworthy ETF Inflows: USMV, PAYX, ADP, XOM Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $188.7 million dollar inflow -- that's a 1.2% increase week over week in outstanding units (from 322,800,000 to 326,800,000). Among the largest underlying components of USMV, in trading today Paychex Inc (Symbol: PAYX) is down about 0.5%, Automatic Data Processing Inc. (Symbol: ADP) is down about 0.4%, and Exxon Mobil Corp. (Symbol: XOM) is lower by about 1.5%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $26.41 per share, with $47.19 as the 52 week high point - that compares with a last trade of $47.00. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's in Store for Equifax (EFX) this Earnings Season? Equifax Inc.EFX is expected to report second-quarter 2016 results on Jul 27. Last quarter, the company posted a positive earnings surprise of 6%. Let's see how things are shaping up for this announcement. Factors to Consider Equifax posted better-than-expected numbers for the first quarter, which also grew year over year. Management's efforts, such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America, should drive results in the to-be reported quarter. Also, the company's strong correlation with the consumer and financial markets as well as exposure in the U.S. and Europe are likely to propel growth, going ahead. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc., Moody's Corp. and uncertainty in the mortgage sector raise concerns. EQUIFAX INC Price and EPS Surprise EQUIFAX INC Price and EPS Surprise | EQUIFAX INC Quote Earnings Whispers Our proven model does not conclusively show that Equifax will beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP: Its Earnings ESP is -0.74% as the Most Accurate estimate of $1.35 per share is pegged lower than the Zacks Consensus Estimate of $1.36. Zacks Rank: Equifax' Zacks Rank #3 increases the predictive power of ESP. However, we need to have a positive ESP to be confident about an earnings surprise. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Stocks to Consider Here are a couple of companies which, as per our model, have the right combination of elements to post an earnings beat this quarter: Garmin Ltd. GRMN with Earnings ESP of +4.48% and a Zacks Rank #3 Amazon.com, Inc. AMZN with Earnings ESP of +37.72% and a Zacks Rank #3 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQUIFAX INC (EFX): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report GARMIN LTD (GRMN): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data (ADP) Q4 Earnings: Will it Surprise this Time? Automatic Data Processing, Inc. ADP is set to report fourth-quarter fiscal 2016 results on Jul 28. Last quarter, it had posted a negative earnings surprise of 0.85%. The company has posted an average negative earnings surprise of 0.40% over the past four quarters. Let's see how things are shaping up for this announcement. AUTOMATIC DATA Price and EPS Surprise AUTOMATIC DATA Price and EPS Surprise | AUTOMATIC DATA Quote Factors to Consider Automatic Data Processing holds a dominant position in the payroll processing and human capital management market, primarily due to its robust product portfolio. The company continues to frequently upgrade its existing product portfolio as well as launch new products. We believe that the company's higher revenue per client, strong customer retention ratio and lower cost of operations also place it in an advantageous position. Automatic Data Processing's TotalSource and Analytics divisions are also showing strength and the trend is likely to continue. In addition, the company is divesting its non-core assets to focus more on its primary business. However, the company has been seeing some negative impact on its retention rate owing to the migration from the legacy business and increasing competition in the sphere. To overcome this to an extent, the company has been ramping up its resources in the service-and-support division in tune with growing demand. While we expect the company's continuous investments in these new initiatives to drive growth over the long term, it will weigh on near-term earnings. In addition, a volatile macroeconomic environment, strengthening U.S. dollar and increasing competition are the other near-term headwinds. Earnings Whispers Our proven model does not conclusively show that Automatic Data Processing will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP: Automatic Data Processing has an Earnings ESP of 0.00% as both the Most Accurate and the Zacks Consensus Estimate stand at 67 cents. Zacks Rank: Automatic Data Processing has a Zacks Rank #3. Though Zacks Rank #1, 2 or 3 increases the predictive power of ESP, the company's ESP of 0.00% makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum. Stocks to Consider Here are a few stocks that, as per our model, have the right combination of elements to post an earnings beat this quarter: Innoviva, Inc. INVA with an Earnings ESP of +25.00% and a Zacks Rank #1. GoDaddy Inc. GDDY with an Earnings ESP of +50.00% and a Zacks Rank #3. Expedia Inc. EXPE with an Earnings ESP of +6.82% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXPEDIA INC (EXPE): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report GODADDY INC-A (GDDY): Free Stock Analysis Report INNOVIVA INC (INVA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-07-26,83.3457,83.7313,82.9286,83.4858, ADP,2016-07-27,83.4325,83.4947,82.6407,82.7984,"[""Outsourcing Stocks Earnings on Jul 28: ADP, BCO & More This is a crucial week in the Q2 earnings reporting cycle. As many as 1000 companies are scheduled to report this week including 189 S&P 500 companies. There are plenty of big names on the earnings roster like Facebook FB and Exxon XOM . So far, growth remains elusive and Q2 is heading on to become the fifth consecutive quarter of earnings decline for the S&P 500 index. As of Friday, Jul 22, 2016, 126 S&P 500 members (or 32.7% of the index's total market cap) have already reported results. The numbers are bleak with total earnings down 1.1% from the same period last year on 2.6% lower revenues. Coming to the technology sector, total earnings are expected to be down 3% in spite of 2.7% higher revenues compared with the sector's 4.5% earnings decline irrespective of 0.4% higher revenues in the last reported earnings cycle. Let's take a sneak peek into five outsourcing companies - Automatic Data Processing, Inc. ADP , The Brink's Company BCO , CRA International Inc. CRAI , Exlservice Holdings, Inc. EXLS and Hudson Global, Inc. HSON - that will report earnings on Jul 28, 2016. New Jersey based- Automatic Data Processing is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves more than 637K clients across 125 nations. Automatic Data Processing carries a Zacks Rank #3 (Hold) and has an Earnings ESP of 0.00%.The Zacks Consensus Estimate for fiscal fourth quarter 2016 stands at 67 cents. Last quarter, the company posted a negative earnings surprise of 0.85%. Notably, in the four preceding quarters, Automatic Data has surpassed the Zacks Consensus Estimate twice and missed twice, resulting in a negative average earnings surprise of 0.40%. (Read: Automatic Data Q4 Earnings: Will it Surprise this Time? ) AUTOMATIC DATA Price and EPS Surprise AUTOMATIC DATA Price and EPS Surprise | AUTOMATIC DATA Quote The Brink's Company is a global leader in business and security services. It operates under three businesses namely Brink's, Incorporated, a premier provider of secure transportation and cash management services; Brink's Home Security, one of the biggest residential alarm companies in North America; and BAX Global, a leading name in global supply chain management. Brink's Company carries a Zacks Rank #3 and has an Earnings ESP of 0.00%.The Zacks Consensus Estimate for the second quarter 2016 stands at 28 cents. Last quarter, the company posted a negative earnings surprise of 25.00%. Brink's Company has a four-quarter negative average earnings surprise of 2.43%. BRINKS CO THE Price and EPS Surprise BRINKS CO THE Price and EPS Surprise | BRINKS CO THE Quote CRA International is an economics, finance, and business consulting firm that works with businesses, law firms, accounting firms, and governments to provide a wide range of services. CRA combines economic and financial analysis with expertise in litigation and regulatory support, business strategy and planning, market and demand forecasting, policy analysis, and engineering and technology management. CRA International carries a Zacks Rank #3 and has an Earnings ESP of 0.00%.The Zacks Consensus Estimate for the second quarter 2016 stands at 33 cents. Last quarter, the company posted a positive earnings surprise of 25.00%. However, CRA International has a four-quarter negative average earnings surprise of 18.38%. CRA INTL INC Price and EPS Surprise CRA INTL INC Price and EPS Surprise | CRA INTL INC Quote Exlservice Holdings, Inc. is a leading provider of offshore Business Process Outsourcing solutions to the Global 1000. It specializes in providing BPO services to the Banking, Financial Services, Insurance, and Utilities industry verticals. Exlservice Holdings carries a Zacks Rank #3 and has an Earnings ESP of 0.00%.The Zacks Consensus Estimate for the second quarter 2016 stands at 45 cents. Last quarter, the company posted in-line results. Exlservice Holdings has a four-quarter positive average earnings surprise of 6.38%. EXLSERVICE HLDG Price and EPS Surprise EXLSERVICE HLDG Price and EPS Surprise | EXLSERVICE HLDG Quote New York-based Hudson Global, Inc. provides recruitment and related talent solutions worldwide. It offers Permanent Recruitment, Contract Consulting, Legal eDiscovery, Recruitment Process Outsourcing and Talent Management solutions. Hudson Global carries a Zacks Rank #3 and has an Earnings ESP of 0.00%. Last quarter, the company posted a negative earnings surprise of 233.33%. Moreover, the company has a four-quarter negative average earnings surprise of 49.98%. The company is scheduled to report second quarter 2016 results. HUDSON GLOBAL Price and EPS Surprise HUDSON GLOBAL Price and EPS Surprise | HUDSON GLOBAL Quote Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXXON MOBIL CRP (XOM): Free Stock Analysis Report CRA INTL INC (CRAI): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report EXLSERVICE HLDG (EXLS): Free Stock Analysis Report BRINKS CO THE (BCO): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report HUDSON GLOBAL (HSON): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for July 28, 2016 : BMY, MA, CELG, CL, TMO, EPD, DOW, F, COP, AMT, ADP, RTN The following companies are expected to report earnings prior to market open on 07/28/2016. Visit our Earnings Calendar for a full list of expected earnings releases. Bristol-Myers Squibb Company ( BMY ) is reporting for the quarter ending June 30, 2016. The large cap pharmaceutical company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.67. This value represents a 26.42% increase compared to the same quarter last year. In the past year BMY has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 12.12%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for BMY is 28.54 vs. an industry ratio of 19.70, implying that they will have a higher earnings growth than their competitors in the same industry. Mastercard Incorporated ( MA ) is reporting for the quarter ending June 30, 2016. The financial transactions company's consensus earnings per share forecast from the 17 analysts that follow the stock is $0.90. This value represents a 5.88% increase compared to the same quarter last year. In the past year MA has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for MA is 26.32 vs. an industry ratio of 18.90, implying that they will have a higher earnings growth than their competitors in the same industry. Celgene Corporation ( CELG ) is reporting for the quarter ending June 30, 2016. The biomedical (gene) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.24. This value represents a 14.81% increase compared to the same quarter last year. CELG missed the consensus earnings per share in the 4th calendar quarter of 2015 by -1.96%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CELG is 20.98 vs. an industry ratio of -41.90, implying that they will have a higher earnings growth than their competitors in the same industry. Colgate-Palmolive Company ( CL ) is reporting for the quarter ending June 30, 2016. The cleaning company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.69. This value represents a 1.43% decrease compared to the same quarter last year. CL missed the consensus earnings per share in the 2nd calendar quarter of 2015 by -1.41%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CL is 26.33 vs. an industry ratio of 24.10, implying that they will have a higher earnings growth than their competitors in the same industry. Thermo Fisher Scientific Inc ( TMO ) is reporting for the quarter ending June 30, 2016. The medical instruments company's consensus earnings per share forecast from the 10 analysts that follow the stock is $2.00. This value represents a 8.70% increase compared to the same quarter last year. In the past year TMO has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 3.45%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for TMO is 19.54 vs. an industry ratio of -8.30, implying that they will have a higher earnings growth than their competitors in the same industry. Enterprise Products Partners L.P. ( EPD ) is reporting for the quarter ending June 30, 2016. The oil/gas company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.31. This value represents a 10.71% increase compared to the same quarter last year. EPD missed the consensus earnings per share in the 2nd calendar quarter of 2015 by -12.5%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for EPD is 22.18 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry. Dow Chemical Company ( DOW ) is reporting for the quarter ending June 30, 2016. The chemical company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.85. This value represents a 6.59% decrease compared to the same quarter last year. In the past year DOW has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 7.23%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DOW is 15.47 vs. an industry ratio of 11.90, implying that they will have a higher earnings growth than their competitors in the same industry. Ford Motor Company ( F ) is reporting for the quarter ending June 30, 2016. The auto (domestic) company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.60. This value represents a 27.66% increase compared to the same quarter last year. In the past year F has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for F is 6.73 vs. an industry ratio of -5.40, implying that they will have a higher earnings growth than their competitors in the same industry. ConocoPhillips ( COP ) is reporting for the quarter ending June 30, 2016. The oil company's consensus earnings per share forecast from the 10 analysts that follow the stock is $-0.62. This value represents a 985.71% decrease compared to the same quarter last year. COP missed the consensus earnings per share in the 4th calendar quarter of 2015 by -40.63%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for COP is -20.60 vs. an industry ratio of -36.20, implying that they will have a higher earnings growth than their competitors in the same industry. American Tower Corporation (REIT) ( AMT ) is reporting for the quarter ending June 30, 2016. The reit company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.33. This value represents a 5.56% increase compared to the same quarter last year. AMT missed the consensus earnings per share in the 2nd calendar quarter of 2015 by -38.78%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for AMT is 21.38 vs. an industry ratio of 15.10, implying that they will have a higher earnings growth than their competitors in the same industry. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending June 30, 2016. The outsourcing company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.67. This value represents a 21.82% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ADP is 29.54 vs. an industry ratio of 25.20, implying that they will have a higher earnings growth than their competitors in the same industry. Raytheon Company ( RTN ) is reporting for the quarter ending June 30, 2016. The aerospace and defense company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.70. This value represents a 3.03% increase compared to the same quarter last year. In the past year RTN has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 5.15%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for RTN is 18.96 vs. an industry ratio of 20.50. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-07-28,81.116,81.116,79.6928,80.0064,"[""Earnings Scheduled For July 28, 2016"", ""ADP Reports Q4 EPS $0.69 vs. Est. $0.67, Rev. $2.9B vs. Est. $2.94B"", ""ADP Reports Q4 EPS $0.69 vs. Est. $0.67, Rev. $2.9B vs. Est. $2.94B"", ""Earnings Scheduled For July 28, 2016"", ""Commit To Purchase Automatic Data Processing At $85, Earn 5% Annualized Using Options Investors eyeing a purchase of Automatic Data Processing Inc. (Symbol: ADP) shares, but cautious about paying the going market price of $92.21/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2017 put at the $85 strike, which has a bid at the time of this writing of $2.40. Collecting that bid as the premium represents a 2.8% return against the $85 commitment, or a 5% annualized rate of return (at Stock Options Channel we call this the YieldBoost ). Selling a put does not give an investor access to ADP's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $85 strike if doing so produced a better outcome than selling at the going market price. ( Do options carry counterparty risk? This and six other common options myths debunked ). So unless Automatic Data Processing Inc. sees its shares fall 7.9% and the contract is exercised (resulting in a cost basis of $82.60 per share before broker commissions, subtracting the $2.40 from $85), the only upside to the put seller is from collecting that premium for the 5% annualized rate of return. Interestingly, that annualized 5% figure actually exceeds the 2.3% annualized dividend paid by Automatic Data Processing Inc. by 2.7%, based on the current share price of $92.21. And yet, if an investor was to buy the stock at the going market price in order to collect the dividend, there is greater downside because the stock would have to lose 7.86% to reach the $85 strike price. Always important when discussing dividends is the fact that, in general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Automatic Data Processing Inc., looking at the dividend history chart for ADP below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 2.3% annualized dividend yield. Below is a chart showing the trailing twelve month trading history for Automatic Data Processing Inc., and highlighting in green where the $85 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the February 2017 put at the $85 strike for the 5% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Automatic Data Processing Inc. (considering the last 252 trading day closing values as well as today's price of $92.21) to be 20%. For other put options contract ideas at the various different available expirations, visit the ADP Stock Options page of StockOptionsChannel.com. In mid-afternoon trading on Thursday, the put volume among S&P 500 components was 1.02M contracts, with call volume at 1.02M, for a put:call ratio of 0.72 so far for the day, which is above normal compared to the long-term median put:call ratio of .65. In other words, if we look at the number of call buyers and then use the long-term median to project the number of put buyers we'd expect to see, we're actually seeing more put buyers than expected out there in options trading so far today. Find out which 15 call and put options traders are talking about today . Top YieldBoost Puts of the Nasdaq 100 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Beats on Q4 Earnings Automatic Data Processing Inc.ADP reported fourth-quarter fiscal 2016 adjusted earnings from continuing operations of 69 cents per share, beating the Zacks Consensus Estimate of 67 cents. Earnings also improved 25% year over year. For fiscal 2016, the company reported adjusted earnings of $3.26, an increase of 13% over fiscal 2015. Fourth-quarter revenues of $2,898.2 million fell short of the Zacks Consensus Estimate of $2,933 million but grew 7.6% year over year. The company's fiscal 2016 sales increased 7% over the prior year to $11.7 billion. Quarter Details Employer Services revenues in the quarter increased 6% year over year to $2,291.8 million. PEO Services revenues rose 13% year over year to $768 million. In the quarter, combined worldwide new business bookings for the company grew 6% year over year. New business bookings represent annualized recurring revenues expected from new orders. Interest on funds held for clients in the quarter increased nearly 2% to $97 million. The company's average client funds balance increased 3% year over year to $23.1 billion in the quarter while average interest yield remained flat on a year-over-year basis. Total expenses in the reported quarter increased 6.8% year over year to $2,486.9 million. Balance Sheet Automatic Data Processing exited fiscal 2016 with cash and cash equivalents (including short-term marketable securities) of approximately $3.2 billion compared with $1.7 billion as on Jun 30, 2015. Long-term debt was approximately $2 billion compared with $9.2 million as on Jun 30, 2015. New Initiative The company announced a new service alignment initiative for fiscal 2017. The new plan is designed to align Automatic Data Processing's service operations with its strategic platforms. This apart, it would allow the company to enhance the client service experience while boosting its own service capabilities. However, as a result of this initiative, the company expects pre-tax restructuring charges in the range of $100 million to $125 million through fiscal 2018. Of this, $45 million will be recorded in the current quarter and another $45 million in the back half of fiscal 2017. Guidance Automatic Data Processing initiated guidance for fiscal 2017. The company expects year-over-year revenue growth of 7% to 9% in fiscal 2017. New business bookings are expected to grow 4% to 6%. Automatic Data Processing expects adjusted earnings per share to grow 10% to 12% over fiscal 2016 levels. This represents a 25 to 50 basis points (bps) expansion in adjusted EBIT margin from 19.5% in fiscal 2016. The company projects Employer Services revenues to grow in the range of 4% to 5% in fiscal 2017. The company expects pay per control to increase 2.5% in the year. PEO Services revenues are expected to increase 14% to 16% in the year. In addition, the company expects interest on funds held for clients to increase up to $5 million, or approximately 2% over fiscal 2016 levels. It is based on estimated growth in average client funds balances of 2% to 4% from $22.4 billion in fiscal 2016. Further, the total contribution from client funds extended investment strategy is expected to remain flat with fiscal 2016 levels. The comparison in the guidance excludes the $29 million benefit from the sale of ADP's AdvancedMD business, a $14 million benefit from the sale of a building in the second quarter of fiscal 2016 and a workforce optimization charge of $48 million in the fourth quarter of 2016. The guidance also excludes expected restructuring charges of $90 million in fiscal 2017. Our Take Automatic Data Processing holds a dominant position in the payroll processing and human capital management market, primarily due to its robust product portfolio. We believe that the company's higher revenue per client and a decent customer retention ratio place it in an advantageous position. However, in the past, the company seen some negative impact on its retention rate owing to migration from the legacy business and increasing competition in the sphere. Furthermore, we expect the company's investments in its new initiatives to weigh on near-term earnings. In addition, a volatile macroeconomic environment, strengthening U.S. dollar and increasing competition from the likes of Paychex, Equifax EFX , Insperity, Inc. NSP and TriNet Group, Inc. TNET are the other near-term headwinds. Currently, Automatic Data Processing has a Zacks Rank #3 (Hold). AUTOMATIC DATA Price, Consensus and EPS Surprise AUTOMATIC DATA Price, Consensus and EPS Surprise | AUTOMATIC DATA Quote Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQUIFAX INC (EFX): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: WFM, FB In early trading on Thursday, shares of Facebook ( FB ) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.7%. Year to date, Facebook registers a 22.2% gain. And the worst performing Nasdaq 100 component thus far on the day is Whole Foods Market ( WFM ), trading down 8.6%. Whole Foods Market is lower by about 8.2% looking at the year to date performance. Two other components making moves today are Automatic Data Processing ( ADP ), trading down 2.7%, and Xilinx ( XLNX ), trading up 2.5% on the day. VIDEO: Nasdaq 100 Movers: WFM, FB The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Equifax (EFX) Beats on Q2 Earnings & Revenues, Ups View Keeping its earnings streak alive for the sixth time in a row, Equifax Inc.EFX reported better-than-expected results in the second quarter of 2016. The company's adjusted earnings (excluding amortization expenses, Veda Group acquisition-related charges and other one-time items) per share from continuing operations of $1.43 surpassed the Zacks Consensus Estimate of $1.36 and jumped 24% year over year. On a GAAP basis, the company reported earnings of $1.08 per share, up from the year-ago quarter tally of 92 cents. Equifax Inc. (EFX) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Details of the Quarter Equifax's revenues of $811.3 million came ahead of both the Zacks Consensus Estimate of $804.0 million and management's guided range of $795-$805 million. The figure was also up 19.6% on a year-over-year basis. Since the first quarter of 2016, the company has been making slight changes in its reportable segments. The U.S. Information Solutions (USIS) and Workforce Solutions remained unchanged, while Personal Solutions has been renamed to Global Consumer Solutions. Under the International segment, Equifax has \""created a new Asia Pacific reporting unit, including the Veda acquisition as well as TDX Australia and India operations, which previously were part of the Europe reporting unit.\"" Segment-wise, total USIS revenues were up 3% year over year to $307.9 million. Among its sub-segments, growth was recorded in Online Information Solutions (2%), Mortgage Solutions Services (6%) and Financial Marketing Services (7%). International revenues (including Europe, the Asia-Pacific, Canada and Latin America) surged 51% year over year to $218.8 million. On a constant-currency basis, revenues soared 62%. Growth was mainly driven by the Veda Group acquisition, which increased the Asia-Pacific's contribution to revenues to $72.3 million from $1.9 million. Moreover, the company registered an increase of 12% in Europe. However, revenues from Latin America dropped 8% while Canada's revenues were flat. Revenues from the Workforce Solutions segment surged 21% year over year to $177.3 million, primarily on the back of 17% revenue growth in Verification Services and 29% in Employer Services. Global Consumer Solutions contributed $107.3 million to the total revenue, reflecting a 21% year-over-year jump. Equifax's adjusted operating income increased 24% to $279.3 million. Consequently, adjusted operating margin expanded 120 basis points (bps) to 34.4%. Adjusted net income came in at $172.7 million or $1.43 per share, compared with $139.1 million or $1.15 per share reported a year ago. Equifax exited the quarter with $96.8 million in cash and cash equivalents, unchanged from the balance at the end of first-quarter 2016. Total long-term debt (excluding current portion) increased to approximately $2.5 billion from $1.88 billion at the end of first-quarter 2016 mainly due to the acquisition of Veda Group. During the first half of 2016, Equifax generated cash flow of $279.5 million from operational activities. The company paid $78.6 million as dividends in the first six months of 2016. Guidance Buoyed by strong second-quarter results, Equifax raised its guidance for the full year. The company now expects revenues between $3.13 billion and $3.16 billion (midpoint: $3.145 billion), compared to its earlier projection of $3.05-$3.15 billion (midpoint: $3.10 billion). The revenue outlook at the midpoint is above the Zacks Consensus Estimate of $3.12 billion. Adjusted earnings per share are now forecasted to be between $5.35 and $5.40 (midpoint: $5.375), compared to the previous projection of $5.15-$5.25 (midpoint: $5.20). The earnings guidance at the midpoint is above the Zacks Consensus Estimate of $5.24. Coming to the third-quarter outlook, Equifax projects revenues in the range of $795 million to $805 million (midpoint: $800 million), while the Zacks Consensus Estimate is $793.31 million. Adjusted earnings per share are projected to be between $1.33 and $1.36 (midpoint: $1.345). The Zacks Consensus Estimate is pegged lower at $1.32. Our Take Equifax posted better-than-expected results for the first quarter, which also registered year-over-year growth. Moreover, the company issued an encouraging outlook for the third quarter, wherein both the revenue and earnings guidance were above the respective Zacks Consensus Estimate at the midpoint. Furthermore, upbeat full-year guidance for both revenues and earnings indicates that that its growth initiatives aimed in the right direction. Management's efforts, such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America, should provide tailwinds. Also, the company's strong correlation with the consumer and financial markets as well as exposure in the U.S. and Europe are likely to propel growth, going ahead. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. FISV and Moody's Corp. MCO , along with uncertainty in the mortgage sector, raises concerns. EQUIFAX INC Price, Consensus and EPS Surprise EQUIFAX INC Price, Consensus and EPS Surprise | EQUIFAX INC Quote Currently, Equifax has a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Tops Q4 Earnings, Sales Lag Founded in 1949, New Jersey based- Automatic Data Processing, Inc.ADP is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves approximately 637K clients across 125 nations. The company reports in three business segments - Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. The Employer Services segment includes human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. The Dealer Services segment provides integrated dealer management systems, digital marketing solutions and other business management solutions to the automotive, heavy truck, motorcycle, marine, recreational vehicle (RV), and heavy equipment retailers, distributors, and manufacturers. Zacks Rank : Currently, ADP has a Zacks Rank#3 (Hold) but that could change following its fourth quarter fiscal 2016 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : ADP's adjusted earnings from continuing operations came in at 69 cents a share, beating the Zacks Consensus Estimate of 67 cents. Earnings also improved 25% year over year. Revenue : Revenues of $2,898.2 million came below the Zacks Consensus Estimate of $2,933 million but grew 7.6% year over year. Key Stats : New business bookings increased 6% year over year for the fourth quarter. Stock Price : Shares prices did not show any movement in the pre-market trading session. Check back later for our full write up on this ADP earnings report later! AUTOMATIC DATA Price and EPS Surprise AUTOMATIC DATA Price and EPS Surprise | AUTOMATIC DATA Quote Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Reports Q4 EPS $0.69 vs. Est. $0.67, Rev. $2.9B vs. Est. $2.94B"", ""Earnings Scheduled For July 28, 2016""]" ADP,2016-07-29,79.7016,79.7016,77.5636,77.5823,"Staffing Stocks to Watch for Earnings on Aug 1: BGSF, NSP With more than 50% of the companies on the S&P 500 index having already reported their Q2 results, we now have a clearer picture of the overall quarterly performance. As of Jul 28, 278 members of the S&P 500 index have already reported their quarterly numbers. Consolidated earnings have dropped 3.5% from the comparable period last year, though revenues inched up 0.5%. While 75.2% of the companies have surpassed earnings estimates, 54.3% beat revenue expectations. Growth in the staffing industry hasn't been disappointing despite the fact that the last quarter wasn't great for the labor market. Yesterday, a leading staffing company Automatic Data Processing Inc. ADP reported mixed second quarter 2016 results with earnings surpassing the Zacks Consensus Estimate but revenues not matching up to the same. Let's have a look at two other staffing firms - BG Staffing Inc.BGSF and Insperity, Inc.NSP , which are scheduled to release their quarterly results on Aug 1. BG Staffing provides temporary staffing services across a number of industries. The company also offers skilled contract labor for Finance & Accounting as well as IT implementation and maintenance projects nationwide. The company, though a relatively smaller player in the market, sports a Zacks Rank #1 (Strong Buy). However it has an Earnings ESP of 0.00% as both the Most Accurate estimate and the Zacks Consensus Estimate stand at 40 cents. Though a Zacks Rank #1 increases the predictive power of ESP, we need to have a positive ESP to be confident about an earnings surprise.. BG STAFFING INC Price and EPS Surprise BG STAFFING INC Price and EPS Surprise | BG STAFFING INC Quote Insperity , a leading player in the professional employer organization (PEO) industry, is expected to benefit from decent client retention and growth in worksite employees. However, the company has not achieved the desired levels despite increasing average worksite employees, which remains a concern. The company has a Zacks Rank #3, which when combined with a 0.00% ESP makes surprise prediction difficult. (Read: Insperity to Report Q2 Earnings: Will It Surprise? ) INSPERITY INC Price and EPS Surprise INSPERITY INC Price and EPS Surprise | INSPERITY INC Quote Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report BG STAFFING INC (BGSF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-08-01,76.8061,78.2461,76.6227,77.3378, ADP,2016-08-02,77.3643,77.5744,76.6317,76.7253,"Insperity (NSP) Stock Falls on Q2 Earnings & Sales Miss Shares of Insperity Inc.NSP plunged 13.4% in yesterday's trading session after the company reported lower-than-expected second-quarter 2016 numbers. Adjusted earnings (including stock-based compensation expense) of 36 cents per share fell short of the Zacks Consensus Estimate of 48 cents. Earnings however increased 9.1% on a year-over-year basis. Insperity's revenues of $707.3 million increased 12.6% on a year-over-year basis but lagged the Zacks Consensus Estimate of $718 million. The year-over-year growth was driven by a 14% increase in average paid worksite employees and high client retention. Quarterly Numbers in Details Insperity's gross margin in the quarter was down 60 basis points (bps) from the year-ago period to 16%. The company's operating expenses increased 6% year over year to $97.2 million. Operating margin was 2.3% compared with 1.9% in the year-ago period. Insperity exited the quarter with cash, marketable securities and restricted cash of $314.7 million compared with $269.5 million as on Dec 31, 2015. Guidance Insperity also provided an outlook for the third quarter and raised its full year 2016 guidance. For the third quarter of 2016, Insperity projects adjusted earnings in a range of 72 cents to 78 cents a share. Adjusted EBITDA is projected to be $30 million to $32 million and average worksite employees (WSEs) are expected in a range of 170,000 - 170,700, representing growth of 14% to 14.5%. For full year 2016, the company projects adjusted earnings of $3.50- $3.60 compared with $3.46 - $3.58 a share projected earlier. Adjusted EBITDA is expected to be in the range of $141 million to $145 million. Average WSEs are still expected to be 166,000-168,000, representing growth of 14% -15%. INSPERITY INC Price, Consensus and EPS Surprise INSPERITY INC Price, Consensus and EPS Surprise | INSPERITY INC Quote Conclusion The company will likely benefit from the booming professional employer organization (PEO) industry, strong client retention and growth in worksite employees in the long run. However, Insperity has not achieved the desired levels despite increasing average worksite employees (WSEs), which remains a major concern. In addition, a sluggish global macro environment can lead to headcount reductions at client companies. An increase in health care costs does not bode well for Insperity as it is one of the major components of operating expenses. Furthermore, client attrition amid increasing competition from the likes of Automatic Data Processing Inc. ADP and TriNet Group, Inc. TNET remain concerns. Currently, Insperity has a Zacks Rank #3 (Hold). A better-ranked stock in the same space is BG Staffing, Inc. BGSF , sporting a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report BG STAFFING INC (BGSF): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-08-03,76.962,77.0142,76.3614,76.9186,"[""Midday Update: Wall Street Struggles to End Losing Streak With Upbeat Data, Rebound in Oil The Dow Jones Industrial Average was struggling to end a seven-day losing streak on Wednesday as a rebound in oil and upbeat U.S. economic data contributed to a modest gain in the blue-chip index with energy and financial shares outperforming. Although Wall Street opened lower on Wednesday, the benchmark indices have bounced back and are in positive territory thanks to upbeat labor market data, and signs that the services sector of the U.S. economy remains robust. Automated Data Processing ( ADP ) reported a 179,000 increase in private payrolls for July, topping expectations for a gain of 165,000. Additionally, June payrolls increased 176,000, a revision from +172.000 initially reported. A pair of indices that measure activity in the largest and fastest growing segment of the U.S. economy were mixed, but continued to show a healthy services sector. The purchasing managers final July index was revised upward to 51.4 from the initial estimate of 50.9, unchanged from June and the fifth straight month the index has been in an expansionary mode. This is slightly better-than-estimates for an upward revision to 51.0. The Institute for Supply Management non-manufacturing index fell slightly to 55.5 in July from 56.5 and missed the 56.0 estimate, but continues to show strength in the non-manufacturing sector as a read above 50.0 indicates an expansion in the segment. In related markets, gold is lower as the risk-off trade is halted, the dollar is higher amid expectations for the Bank of England to cut rates on Thursday, and ahead of Friday's non-farm payroll report, and Treasury yields are mixed with yields on the long end of the curve roughly 2 basis points higher, but the short-end seeing yields decline slightly. In Europe, a modest rebound in Euro-zone banks propped up the Euro-Stoxx index, while the UK's FTSE-100 was treading water with a downward bias ahead of tomorrow's pivotal Bank of England meeting. In the wake of the June 23rd referendum on European Union membership, the BoE was widely expected to lower rates in July. Instead, BoE governor Mark Carney said that the bank would reconsider monetary policy for more accommodation in August. As a result, odds favor a 25 basis point cut tomorrow, or other creative methods to boost growth. Crude oil was up $1.12 to $40.62 per barrel. Natural gas was up $0.13 to $2.86 per 1 million BTU. Gold was down $9.70 to $1,362.90 an ounce, while silver was down $0.26 to $20.45 an ounce. Copper was down $0.01 to $2.20 per pound. Among energy ETFs, the United States Oil Fund was up 3.22% to $9.62 with the United States Natural Gas Fund was up 4.41% to $8.52. Among precious-metal funds, the Market Vectors Gold Miners ETF was down 1.18% to 30.95 while SPDR Gold Shares was down 0.55% to $129.55. The iShares Silver Trust was down 0.97% to $19.40. Here's where the markets stand at mid-day: US MARKETS NYSE Composite Index was up 10.32 points (+0.10%) to 10,671.99 Dow Jones Industrial Index was up 28.66 points (+0.16%) to 18,342.33 S&P 500 was up 3.01 points (+0.13%) to 2,159.77 Nasdaq Composite Index was up 7.26 points (+0.14%) to 5,144.94 GLOBAL SENTIMENT FTSE 100 was down 11.00 points (-0.17%) to 6,634.40 DAX was up 25.87 points (+0.26%) to 10,170.21 CAC 40 was down 6.91 points (-0.16%) to 4,321.08 Nikkei 225 was down 308.34 points (-1.88%) to 16,083.11 Hang Seng Index was down 390.02 points (-1.76%) to 21,739.12 Shanghai China Composite Index was up 7.18 points (+0.24%) to 2,978.46 NYSE SECTOR INDICES NYSE Energy Sector Index was up 57.82 points (+0.56%) to 10,239.79 NYSE Financial Sector Index was up 42.97 points (+0.72%) to 6,100.13 NYSE Healthcare Sector Index was down 72.12 points (-0.56%) to 13,058.37 UPSIDE MOVERS (+) MPET (+156.13%) Announced merger with Tellurian Investments (+) SZMK (+45.11%) Beat Q2 earnings and revenue estimates (+) KOOL (+31.91%) Reported positive results from follow-up study of SurgWerks system for treatment of late-stage, no option critical limb ischemia (+) GNW (+26.18%) Swung to a profit in Q2, results beat Wall Street expectations (+) ZAGG (+10.38%) Reported a profit for Q2 vs estimates for a loss, beat revenue expectations DOWNSIDE MOVERS (-) RUBI (-32.85%) Q2 earnings and revenue beat estimates but Q3 and FY16 guided lower (-) CRAY (-30.50%) Misses Q2 estimates and warns of Q3 and 2016 sales coming in below expectations (-) KATE (-21.05%) Reported weak Q2 results and lowered its yearly forecast (-) DRWI (-13.60%) Priced $6 million public offering MARKET RUMORS (-) ENT (-2.39%) Chinese conglomerate HNA reportedly approached company with $11/share takeover offer The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""USMV, GIS, PAYX, ADP: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $65.4 million dollar outflow -- that's a 0.4% decrease week over week (from 327,700,000 to 326,300,000). Among the largest underlying components of USMV, in trading today General Mills, Inc. (Symbol: GIS) is down about 1.4%, Paychex Inc (Symbol: PAYX) is down about 0.2%, and Automatic Data Processing Inc. (Symbol: ADP) is up by about 0.2%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $26.41 per share, with $47.19 as the 52 week high point - that compares with a last trade of $46.54. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Shows Steady U.S. Labor Market Wednesday, August 3, 2016 As in the first week of any new month, expectations rise as to how jobs growth has been going. If you had to choose one most important component analysts use to determine the health of the U.S. economy, the jobs market is it. To that end, anticipating the Bureau of Labor Statistics' (BLS) non-farm payroll report this Friday, private paystub provider ADP ADP puts out its non-government jobs report for July, and the numbers have stayed consistent over the past few months: 179K new private-sector jobs were reported by ADP last month, with the previous month's total revised upward by 4000 jobs to 176K. This is not the sort of jobs growth we had been enjoying since the recovery began: over the past 6 years, we'd averaged job growth of more than 200K per month. This is historically very good, although a little perspective demonstrates we were indeed coming off very low lows. Now that we have seen monthly unemployment levels remaining below 5% (indicating \""full employment;\"" whether it's truly gainful or satisfying is another story), we see these numbers begin to tighten. Thus, 179K new private-sector jobs for July, while not in league with stellar totals in recent years, can still be looked at favorably; the U.S. labor market does not appear in jeopardy at all. Smartwatch maker Fitbit FIT shares are up more than 7% in the pre-market today following the company's positive surprises in its Q2 earnings report that came out after the bell Tuesday. Also, regional bank HSBC Holdings HSBC swung to a profit in its latest earnings report this morning, and the company is also buying back shares. HSBC is also up more than 7% ahead of today's open. Futures are slightly lower overall this morning, even following the decent ADP numbers. The Dow is trying to fight off a 7-day losing streak. Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report FITBIT INC (FIT): Free Stock Analysis Report HSBC HOLDINGS (HSBC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Daily Dividend Report: UNH, AIG, TWX, D, ADP, CCI, ICE, APC UnitedHealth Group ( UNH ) authorized payment of a cash dividend of $0.625 per share, to be paid on September 20, 2016, to all shareholders of record of UnitedHealth Group common stock as of the close of business on September 9, 2016. American International Group ( AIG ) declared a quarterly dividend of $0.32 per share on AIG Common Stock, par value $2.50 per share. The dividend is payable on September 29, 2016, to stockholders of record at the close of business on September 15, 2016. Time Warner ( TWX ) declared a regular quarterly cash dividend of $0.4025 per share of Common Stock, payable in cash on September 15, 2016 to shareholders of record on August 31, 2016. Dominion ( D ) has declared a quarterly dividend of 70 cents per share of common stock. Dividends are payable on Sept. 20, 2016, to shareholders of record at the close of business Sept. 2, 2016. Automatic Data Processing ( ADP ) has declared a regular quarterly dividend of 53 cents per share payable October 1, 2016 to shareholders of record on September 9, 2016. Crown Castle International (CCI) has declared a quarterly cash dividend of $0.885 per common share. The quarterly dividend will be payable on September 30, 2016 to common stockholders of record at the close of business on September 16, 2016. ICE announced its third quarter dividend of $0.85 per share, which is payable on September 30, 2016 to holders as of September 16, and an ex-dividend date of September 14. Anadarko Petroleum Corporation (APC) declared a quarterly cash dividend on the company's common stock of 5 cents per share, payable Sept. 28, 2016, to stockholders of record at the close of business on Sept. 14, 2016. VIDEO: Daily Dividend Report: UNH, AIG, TWX, D, ADP, CCI, ICE, APC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-08-04,76.8475,77.3288,76.7746,77.111,"[""Bank of England Drops Rates, Expands QE Thursday, August 4, 2016 Market futures jumped up this morning on news by the Bank of England (BOE) to cut interest rates 25 basis points for the first time since March 2009. BOE Governor Mark Carney also announced raising the central bank's quantitative easing (QE) program by GBP 60 billion, pushing the nation's total to GBP 435 billion. The BOE is also buying back 10 billion pounds of corporate bonds. This appears to the markets to be a proactive move on the part of the BOE. After all, Brexit doesn't even officially happen until after Article 50 is passed by British Parliament. But with the pound having already fallen following the Brexit vote six weeks ago, some might question the need for such a measure at this point in time. The pound has fallen again on this latest move. European market indexes were up across the board as a result, though modestly. Here in the U.S., the Dow raced up 50 points but have since receded as the opening bell gets closer today. In fact, Nasdaq futures, which had been up close to 5 points on the BOE news, has now slipped into slightly negative territory less than an hour prior to regular Thursday trading. Initial Jobless Claims for the week rose 3000 to 269K from an unrevised 266K the previous week. This keeps jobless claims squarely within the 250-275K range, which indicates strength in the U.S. labor market. Of course, the big number is expected tomorrow morning before the opening bell when the Bureau of Labor Statistics (BLS) releases its monthly non-farm payroll report. Analysts estimate roughly 179K new jobs created in the month of July, smack dab in the middle of the roller coaster ride this metric has been on over the last two months. For June, the BLS reported 287K new jobs (way ahead of expectations) but for May produced only 11K jobs (way behind). Yesterday's private-sector jobs survey from ADP ADP posted an in-line with estimates 169K, which, with an average of 10K government jobs gains per month, moves the BLS estimate up to 179K. In earnings news, Viacom VIA posted fiscal Q3 earnings and revenues that beat the Zacks consensus estimates on both top and bottom lines. Shares are up 4.8% in early trading following the report on strong growth in the company's film division (despite a commercial flop with the latest \""Teenage Mutant Ninja Turtles\"" movie). However, what VIA investors are mostly interested with is the ongoing saga between Viacom's current CEO and the family of Sumner Redstone, Viacom's long-time boss. No fewer than three court cases are scheduled to open this October in Massachusetts, Delaware and California, and these will determine the longer-term trajectory of Viacom's future. Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""What's in the Cards for Paylocity (PCTY) in Q4 Earnings? Paylocity Holding CorporationPCTY is set to report fourth-quarter fiscal 2016 results on Aug 9. Last quarter, the company delivered a positive earnings surprise of 116.67%. Notably, the stock has surpassed the Zacks Consensus Estimate in all of the preceding four quarters with an average positive earnings surprise of 76.51%. Let's see how things are shaping up for this announcement. Factors to Consider We remain positive about Paylocity's regular investments in SaaS technology. Notably, over the past few quarters, clients moving from traditional payroll service providers to SaaS-based services generated a significant portion of the company's revenues. Therefore, we believe regular investments in technological upgrades, along with product innovations, will continue to boost Paylocity's top line over the long run. Such initiatives are also likely to have a positive impact on the upcoming results. Furthermore, higher adoption of Paylocity's ACA dashboard application which tracks employee count, employee status and health care plan affordability will act as a tailwind over the long run. However, competition in the payroll processing sector from new entrants as well as existing players such as Automatic Data Processing, Inc. ADP , Oracle Corporation and SAP SE remains a headwind. PAYLOCITY HLDG Price and EPS Surprise PAYLOCITY HLDG Price and EPS Surprise | PAYLOCITY HLDG Quote Earnings Whispers Our proven model does not conclusively show that Paylocity is likely to beat estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here, as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at a loss of 12 cents. Hence, the difference is 0.00%. Zacks Rank: Paylocity carries a Zacks Rank #3. Though a favorable Zacks Rank increases the predictive power of ESP, a 0.00% ESP makes surprise prediction difficult. Conversely, we caution against Sell-rated stocks (Zacks Rank #4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a couple of companies that are worth considering as our model shows that they have the right combination of the two elements needed to post an earnings beat: Analog Devices Inc. ADI , with an Earnings ESP of +2.63% and a Zacks Rank #2. Alibaba Group Holding Ltd. BABA , with an Earnings ESP of +28.95% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ANALOG DEVICES (ADI): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report ALIBABA GROUP (BABA): Free Stock Analysis Report PAYLOCITY HLDG (PCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-08-05,77.6228,78.2529,77.2253,78.2115,"[""Which Of The Latest 13F Filers Holds Automatic Data Processing? At Holdings Channel , we have reviewed the latest batch of the 25 most recent 13F filings for the 06/30/2016 reporting period, and noticed that Automatic Data Processing Inc. (Symbol: ADP) was held by 11 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look. Before we proceed, it is important to point out that 13F filings do not tell the whole story, because these funds are only required to disclose their long positions with the SEC, but are not required to disclose their short positions. A fund making a bearish bet against a stock by shorting calls, for example, might also be long some amount of stock as they trade around their overall bearish position. This long component could show up in a 13F filing and everyone might assume the fund is bullish, but this tells only part of the story because the bearish/short side of the position is not seen . Having given that caveat, we believe that looking at groups of 13F filings can be revealing, especially when comparing one holding period to another. Below, let's take a look at the change in ADP positions, for this latest batch of 13F filers: In terms of shares owned, we count 2 of the above funds having increased existing ADP positions from 03/31/2016 to 06/30/2016, with 5 having decreased their positions. Looking beyond these particular funds in this one batch of most recent filers, we tallied up the ADP share count in the aggregate among all of the funds which held ADP at the 06/30/2016 reporting period (out of the 1,448 we looked at in total). We then compared that number to the sum total of ADP shares those same funds held back at the 03/31/2016 period, to see how the aggregate share count held by hedge funds has moved for ADP. We found that between these two periods, funds reduced their holdings by 7,472,245 shares in the aggregate, from 57,286,570 down to 49,814,325 for a share count decline of approximately -13.04%. The overall top three funds holding ADP on 06/30/2016 were: We'll keep following the latest 13F filings by hedge fund managers and bring you interesting stories derived from a look at the aggregate information across groups of managers between filing periods. While looking at individual 13F filings can sometimes be misleading due to the long-only nature of the information, the sum total across groups of funds from one reporting period to another can be a lot more revealing and relevant, providing interesting stock ideas that merit further research, like Automatic Data Processing Inc. (Symbol: ADP). 10 S&P 500 Components Hedge Funds Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for August 05, 2016 Benchmarks ended mostly flat on Thursday as investors refrained from making big bets ahead of Friday's U.S. nonfarm payroll report. Hiring data will help gauge the strength of the economy and give an insight into the path of further rate hikes. While, the S&P 500 and the Nasdaq relinquished modest gains, the Dow fell less than 5 points lower. Bank of England's (BOE) big stimulus package did drag down the pound to new lows, but its effect on U.S. stocks remained more or less muted. Meantime, investors also digested mixed reports on initial claims and factory orders, while earnings season in the U.S. continued to wind down, with the likes of Viacom, Teva Pharmaceuticals and Kellogg, among others, posting quarterly results. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) declined a meager 0.02%, to close at 18,352.05. The S&P 500 eked out gains of 0.02% to close at 2,164.25. The tech-laden Nasdaq Composite Index closed at 5,166.25, increasing 0.1%. The fear-gauge CBOE Volatility Index (VIX) dropped 3.4% to settle at 12.42. A total of around 3.5 billion shares were traded on NYSE on Thursday. Advancers outpaced declining stocks on the NYSE. For 55% stocks that advanced, 41% declined. Investors exercised caution ahead of the much awaited July's jobs report scheduled to be released today. The Fed, especially, is giving much attention to the report since another 200,000 plus numbers of job additions will surely increase the chances of a rate hike as early as September. Hiring had climbed to 287,000 in June, while gains were a paltry 11,000 in May. Better-than-expected rise in private sector jobs last month had already strengthened the case for the Fed to hike rates this year. U.S. private employers added 179,000 jobs in July, above analysts' expectations of around 170,000 jobs, according to the Automatic Data Processing, Inc. ( ADP ). In order to mitigate the adverse impact of the European Union's referendum vote, the BOE unveiled a four-point plan. BOE has officially trimmed interest rates to a new record low of 0.25% from 0.5%, a move that will definitely bring relief to the borrowers. BOE also intends to extend the quantitative easing program by purchasing $80 billion government bonds in the next six months and $10 billion corporate bonds over the next 18 months. The BOE's unexpected aggressive stimulus measures did somewhat help stocks to gather some momentum in early trade. But attention quickly shifted to the all-important jobs report, which eventually pushed major indexes to close mostly flat. Additionally, BOE governor Mark Carney announced that additional funds would be released for banks, a cushion that will protect their profitability from low interest rates. As a result, the British pound registered its biggest fall since the aftermath of the Brexit vote in June. Coming to the domestic front, initial claims rose last week by 3,000 to 269,000, the highest level since the end of June. Despite this increase, application for unemployment benefits remained well below their recent peak of 277,000 in mid-June. Separately, factory orders declined sharply for the second straight month in June. Orders dropped 1.5% in June after falling 1.2% in May. Orders were dragged down in June by declines in durable goods orders, with transportation equipment orders tanking 10.5%. Excluding the volatile transportation sector, orders were actually up 0.4%. In earnings news, Viacom, Inc.'s ( VIAB ) third quarter fiscal 2016 earnings per share were $1.05, beating the Zacks Consensus Estimate of $1.02 but declining 29% year over year. Teva Pharmaceutical Industries Ltd ( TEVA ) also reported second quarter earnings per share of $1.25 that beat the Zacks consensus estimate of $1.18. Kellogg Company ( K ) too posted second quarter earnings per share of $0.91 that came in ahead of the Zacks Consensus Estimate of $0.90. Shares of Teva Pharmaceutical and Kellogg gained 3.5% and 1.7%, respectively, while Viacom's shares fell almost 1%. Among the S&P 500 sectors, the Technology Select Sector SPDR (XLK) advanced the most, gaining 0.5%. Key stocks from the sector including Apple Inc. ( AAPL ), Microsoft Corporation ( MSFT ) and Facebook, Inc. ( FB ) increased 0.6%, 0.7% and 1.5%, respectively. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report VIACOM INC-B (VIAB): Free Stock Analysis Report TEVA PHARM ADR (TEVA): Free Stock Analysis Report KELLOGG CO (K): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report MICROSOFT CORP (MSFT): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""BLS Reports Robust July Jobs: 255K, 4.9% Unemployment Friday, August 5, 2016 The Bureau of Labor Statistics (BLS) July non-farm payroll report was released this morning to a plurality of sighs of relief - following the manic past 2 months in BLS jobs reads, analysts were a tad reticent to predict big jobs numbers. 255K new jobs were added last month, and the unemployment rate stayed at 4.9%. We also saw positive revisions to the past 2 months: May's paltry 11K jobs was more than doubled to 24K, and even June's robust 287K rose another 5000 jobs to 292K. Private sector employment totaled 217K, and the government added 38K jobs in July. The biggest gainers were Professional/Business Services at 70K, Leisure and Hospitality reached 45K and Health Services had 43K. The biggest loser in July's labor market was Mining at -6000 jobs. Average hourly pay rose 0.3%. The labor force participation rate was also up, to 62.8%. The broader measure of unemployment and underemployment, the U6, fell even farther below 10% to 9.7%. Over the past year, average monthly job growth increased to 206K. When your economy produces more than 200,000 jobs per month on average, it's tough to find fault with your labor market. This is what Wednesday's ADP ADP report of 169K jobs and this morning's BLS numbers more emphatically have stated. Market futures, which were up modestly ahead of the payroll report, have more than doubled since its release ahead of the bell today. Part of the reason the Dow swelled from +37 points to +90, by the way, was due to Merck MRK jumping 11% on news that rival Bristol Myers-Squibb's BMY latest cancer treatment failed a late-stage study. BMY shares have fallen 17%, but it is not a Dow component. Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BRISTOL-MYERS (BMY): Free Stock Analysis Report MERCK & CO INC (MRK): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-08-08,78.1405,78.3929,77.7845,78.0074,"[""Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for August 09, 2016 Simulations Plus, Inc. ( SLP ) will begin trading ex-dividend on August 09, 2016. A cash dividend payment of $0.05 per share is scheduled to be paid on August 18, 2016. Shareholders who purchased SLP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that SLP has paid the same dividend. At the current stock price of $8.23, the dividend yield is 2.43%. The previous trading day's last sale of SLP was $8.23, representing a -30.78% decrease from the 52 week high of $11.89 and a 35.36% increase over the 52 week low of $6.08. SLP is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). SLP's current earnings per share, an indicator of a company's profitability, is $.27. Zacks Investment Research reports SLP's forecasted earnings growth in 2016 as 21.74%, compared to an industry average of 8%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for August 09, 2016 Computer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on August 09, 2016. A cash dividend payment of $0.34 per share is scheduled to be paid on August 26, 2016. Shareholders who purchased CPSI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -46.88% decrease from the prior dividend payment. At the current stock price of $27.47, the dividend yield is 4.95%. The previous trading day's last sale of CPSI was $27.47, representing a -53.57% decrease from the 52 week high of $59.16 and a 5.65% increase over the 52 week low of $26. CPSI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Infosys Limited ( INFY ). CPSI's current earnings per share, an indicator of a company's profitability, is $.63. Zacks Investment Research reports CPSI's forecasted earnings growth in 2016 as 92.28%, compared to an industry average of 13.5%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ACA Services Growth Drives Automatic Data Processing Earnings Higher Automatic Data Processing (NASDAQ: ADP) reported 2016 fiscal fourth-quarter results on July 28. The leading provider of human capital management solutions benefited from strong adoption of its Affordable Care Act services. ADP results: The raw numbers Data source: ADP Q4 2016 earnings press release . YOY = year over year. What happened with ADP this quarter? Revenue grew 8% year over year to $2.9 billion, and worldwide new business bookings rose 6%. Employer Services revenue increased 6% to $2.3 billion, with the number of employees on ADP clients' payrolls in the U.S. increasing 2.5%. Employer Services client revenue retention decreased 80 basis points, compared to the fourth quarter of fiscal 2015, to 90.5%. Segment margin, however, increased 350 basis points primarily because of lower selling expenses relative to the prior-year period. PEO Services revenue jumped 13% to $768 million, with average worksite employees paid increasing 13% to approximately 432,000. In addition, PEO Services segment margin increased by 60 basis points year over year, mostly because of operating and sales efficiencies. All told, ADP's adjusted pre-tax earnings jumped 28% to $485 million, as pre-tax margin improved 270 basis points to 16.8%. What management had to say CEO Carlos Rodriguez said in a press release: Looking forward ADP issued its outlook for 2017, including: Full-year revenue growth of 7% to 9% compared to fiscal 2016 revenue of $11.7 billion. Growth in worldwide new business bookings of 4% to 6% compared to the $1.75 billion sold in fiscal 2016. Growth in adjusted EPS from continuing operations of 10% to 12% compared with $3.26 per share in fiscal 2016. Fiscal 2017 share repurchases of $1.0 to $1.4 billion funded by existing balance sheet cash. \""ADP's results in fiscal 2016 were solid and reflect the impact of investments in implementation and operational resources that were made during the fiscal year as we supported our clients through the first year of the ACA-related reporting requirements,\"" added CFO Jan Siegmund. \""Beginning in fiscal 2017, we are making investments in support of our service alignment initiative, which is expected to enhance the client service model and drive operational efficiencies over the longer-term.\"" A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early, in-the-know investors! To be one of them, just click here . Joe Tenebruso has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-08-09,78.0074,78.7944,78.0074,78.4699, ADP,2016-08-10,78.4363,78.5981,78.0715,78.5311, ADP,2016-08-11,78.5764,79.0626,78.5064,78.8475, ADP,2016-08-12,78.5241,78.8475,78.5064,78.611,"Paylocity Up to Strong Buy: Should it Be in Your Portfolio? On Aug 12, Zacks Investment Research upgraded Paylocity Holding CorporationPCTY to a Zacks Rank #1 (Strong Buy). The upgrade came on the back of better-than-expected fourth-quarter fiscal 2016 results and strong fundamentals. Also, Paylocity's shares are up 12.5% year-to-date and the company has a strong return of 80.7% over the past six months. These make the company an attractive investment opportunity. Paylocity also delivered positive earnings surprises in the last four quarters with an average beat of 71.1%. Paylocity's revenues came in at $58.9 million in fourth-quarter fiscal 2016, up 49.6% year over year, and beat the Zacks Consensus Estimate of $57 million. The year-over-over increase was driven by solid sales and operational implementation. The top line was also backed by a 51% surge in recurring revenues and a 13% increase in implementation and other revenues. Though, the company incurred adjusted loss (excluding all one-time income and expenses but including stock-based compensation) of 10 cents per share, it was narrower than the Zacks Consensus Estimate of a loss of 12 cents. Buoyed by better-than-expected fourth-quarter results, the company provided positive first quarter and fiscal 2017 guidance. For the first quarter of fiscal 2017, Paylocity expects revenues in the range of $63 million to $64 million. The Zacks Consensus Estimate is pegged at $64 million. Non-GAAP earnings per share are expected to be within 1-3 cents. For fiscal 2017, Paylocity anticipates revenues in the range of $296 million to $298 million. The Zacks Consensus Estimate is pegged at $297 million. Non-GAAP earnings per share are expected within 35-38 cents. Going ahead, we remain positive about Paylocity's regular investments in SaaS technology. Notably, over the past few quarters, clients moving from traditional payroll service providers to the company's SaaS-based services generated a significant portion of Paylocity's revenues. Therefore, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the company's top line over the long run. Furthermore, higher adoption of Paylocity's ACA dashboard application, which specializes in tracking employee count, employee status and health care plan affordability, will act as a tailwind. However, competition in the payroll processing sector from new entrants as well as existing players such as Automatic Data Processing, Inc. ADP , Oracle Corporation ORCL and SAP SE SAP remains a major headwind. PAYLOCITY HLDG Price and Consensus PAYLOCITY HLDG Price and Consensus | PAYLOCITY HLDG Quote Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ORACLE CORP (ORCL): Free Stock Analysis Report SAP AG ADR (SAP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYLOCITY HLDG (PCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-08-15,78.9137,79.0726,78.6376,78.8042, ADP,2016-08-16,78.5311,78.7135,78.103,78.1109,"Leidos Holdings, Inc. (LDOS) Ex-Dividend Date Scheduled for August 17, 2016 Leidos Holdings, Inc. ( LDOS ) will begin trading ex-dividend on August 17, 2016. A cash dividend payment of $13.64 per share is scheduled to be paid on August 22, 2016. Shareholders who purchased LDOS prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $50.24, the dividend yield is 108.6%. The previous trading day's last sale of LDOS was $50.24, representing a -15.59% decrease from the 52 week high of $59.52 and a 25.91% increase over the 52 week low of $39.90. LDOS is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). LDOS's current earnings per share, an indicator of a company's profitability, is $3.6. Zacks Investment Research reports LDOS's forecasted earnings growth in 2016 as 2.42%, compared to an industry average of .7%. For more information on the declaration, record and payment dates, visit the LDOS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-08-17,78.323,78.3762,77.4413,77.9137, ADP,2016-08-18,78.1208,78.4107,77.964,78.3476,"ACWV, SO, ADP, ED: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol Global ETF (Symbol: ACWV) where we have detected an approximate $54.2 million dollar outflow -- that's a 1.6% decrease week over week (from 43,800,000 to 43,100,000). Among the largest underlying components of ACWV, in trading today Southern Company (Symbol: SO) is up about 0.3%, Automatic Data Processing Inc. (Symbol: ADP) is up about 0.6%, and Consolidated Edison Inc (Symbol: ED) is higher by about 0.8%. For a complete list of holdings, visit the ACWV Holdings page » The chart below shows the one year price performance of ACWV, versus its 200 day moving average: Looking at the chart above, ACWV's low point in its 52 week range is $58.12 per share, with $78.24 as the 52 week high point - that compares with a last trade of $77.42. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-08-19,78.0784,78.4699,77.7145,78.3673,"Intuit (INTU) Q4 Earnings Preview: What Awaits the Stock? Intuit Inc.INTU is expected to report fourth-quarter fiscal 2016 results on Aug 23. Last quarter, the company posted a positive earnings surprise of 7.92%. Notably, the stock has outperformed the Zacks Consensus Estimate in the trailing four quarters with an average positive surprise of 74.52%. Let's see how things are shaping up for this announcement. Factors to Consider We are positive on Intuit's growing exposure to small and medium businesses and believe that its strategic acquisitions will boost the segment. Increasing adoption of cloud-based services and products is another big positive. Moreover, Intuit has restructured its business to focus better on QuickBooks. The company expects to continue investing in the portfolio, which will likely hit its near-term profitability but lead to substantial benefits over the long term. The company is also concentrating on reimaging its products with the new mobile design. Its TurboTax solutions help customers prepare and file online tax returns through tablets, mobiles and desktop computers. These offerings are expected to expand its customer base, going forward. However, we believe rising competition from payroll solution providers such as Paycom Software Inc. and Automatic Data Processing ADP is a major concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. INTUIT INC Price and EPS Surprise INTUIT INC Price and EPS Surprise | INTUIT INC Quote Earnings Whispers Our proven model does not conclusively show that Intuit will beat estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. But that is not the case here, as you will see below. Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at a loss of 23 cents. Hence, the difference is 0.00%. Zacks Rank: Intuit's Zacks Rank #3, when combined with its 0.00% ESP, makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a couple of companies you may want to consider as our model shows that they both have the right combination of elements to post an earnings beat in their upcoming releases: Workday, Inc. WDAY with an Earnings ESP of +4.65% and a Zacks Rank #3. Broadcom Limited AVGO with an Earnings ESP of +0.87% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report INTUIT INC (INTU): Free Stock Analysis Report BROADCOM LTD (AVGO): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report WORKDAY INC-A (WDAY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-08-22,78.3388,78.5153,78.0951,78.4196, ADP,2016-08-23,78.5676,78.6651,78.3032,78.4787, ADP,2016-08-24,78.3328,78.4196,78.0951,78.2204,"Intuit (INTU) Q4 Loss Lower than Expected, Revenues Top Intuit Inc.INTU reported adjusted loss (including stock-based compensation but excluding amortization and other one-time items) from continuing operations of 13 cents per share for the fourth quarter of fiscal 2016, which fared better than the Zacks Consensus Estimate of a loss of 23 cents per share. On a GAAP basis, loss from continuing operations came in at 16 cents per share, compared with the year-ago loss of 37 cents per share. Quarter in Detail This tax-preparation related software maker reported revenues of $754 million, which came above management's guided range of $720 million to $740 million and surpassed the Zacks Consensus Estimate of $724 million as well. On a year-over-year basis too, revenues were up 8.3% mainly on the back of higher demand resulting from the U.S. tax season. Services and Other revenues climbed nearly 10.6% to $459 million while product revenues were up 4.9% to $295 million. Segment-wise, Small Business Group recorded 10% year-over-year growth driven mainly by strong customer acquisition, along with continuous subscriber growth for QuickBooks Online and QuickBooks Self-Employed. The company recorded the addition of 41% QuickBooks Online subscribers for the year, bringing the total global count to 1,513,000. QuickBooks Self-Employed subscribers totaled 85,000 at the year end. On the other hand, revenues from the Small Business online ecosystem increased 25% for the year, primarily due to online customer acquisition. Revenues from Consumer Tax grew 10% year over year. ProConnect professional tax revenues were roughly $428 million for the year. Coming to operational metrics, Intuit reported adjusted gross profit of $588 million, up 11.4% year over year, mainly backed by higher revenues. Also, gross margin expanded 210 basis points (bps) to 78%. The company reported a 3.1% year-over-year increase in adjusted operating expenses. However, as a percentage of revenues, adjusted operating expenses contracted 430 bps to 83.9%, primarily due to efficient cost management. The company posted adjusted operating loss of $45 million compared with an adjusted loss of $86 million reported in the year-ago quarter. Intuit posted adjusted net loss from continuing operations of $32.9 million compared with fourth-quarter fiscal 2015 loss of $67.2 million. Balance Sheet and Cash Flows Intuit exited the fiscal fourth quarter with cash and investments of $1.080 billion compared with $1.613 billion in the previous quarter. Long-term debt was $488 million at the quarter end. Intuit generated $1.401 billion of cash from operational activities during the twelve months ended Jul 31, 2016. During the same time frame, the company also repurchased shares worth $2.3 billion and paid dividends worth $318 million. Also, the company authorized an additional share repurchase program of $2 billion during fiscal 2016. For the first quarter of fiscal 2017, the company received an authorization to increase its dividend by 13% on a year-over-year basis to 34 cents per share. Outlook Intuit provided fiscal 2017 guidance and issued outlook for the fiscal first quarter. The company anticipates revenues of $5 billion to $5.1 billion in fiscal 2017, up 7% to 9% year over year. The Zacks Consensus Estimate is pegged at $5.087 billion. Non-GAAP operating income is expected in the range of $1.675 billion to $1.725 billion, representing growth of 8%-11%. Non-GAAP earnings per share are projected between $4.30 and $4.40 (an increase of 14-16%). The Zacks Consensus Estimate currently stands at $3.02. For the first quarter, the company anticipates revenues in the range of $740 million to $760 million, lower than the Zacks Consensus Estimate of $780 million. It expects non-GAAP operating income to be in the range of $10 million to $20 million. While the company expects to report non-GAAP earnings in the range of 1 cent to 3 cents per share in the first quarter, the Zacks Consensus Estimate stands at a loss of 6 cents. INTUIT INC Price, Consensus and EPS Surprise INTUIT INC Price, Consensus and EPS Surprise | INTUIT INC Quote Our Take Intuit reported better-than-expected fiscal fourth-quarter 2016 results. Its performance also improved on a year-over-year basis. Though the company posted a loss in the quarter, it fared better than the Zacks Consensus Estimate. Also revenues surpassed the same. The company however issued a tepid revenue guidance for the forthcoming quarter. Nonetheless, we are positive about Intuit's growing SMB exposure and believe that its strategic acquisitions will boost the segment. Increased adoption of its cloud-based services and products is another positive. Intuit has also restructured its business to focus on the QuickBooks services. It expects to continue investing in this portfolio, which is likely to hurt its near-term profitability. Moreover, rising competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit has a Zacks Rank #3 (Hold). A stock worth considering in the technology sector is Facebook, Inc. FB , which sports a Zacks Rank #1 (Strong Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PAYCOM SOFTWARE (PAYC): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FACEBOOK INC-A (FB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-08-25,78.2529,78.4787,77.888,78.2943,"How International Business Machines Corp. Ranks Among Analysts’ Picks (IBM) InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips A study of analyst recommendations at the major brokerages shows that International Business Machines Corp. ( IBM ) is the #25 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average , according to ETF Channel . Within the broader S&P 500 , when components were ranked in terms of analyst favorites, IBM claims the #392 spot. In forming this rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components were ranked according to those averages. Investors often interpret analyst opinions from different angles - when companies have a low rank among analysts, it isn't necessarily the case that investors should conclude that the stock will perform poorly. It can, of course, but a bullish investor could also take the contrarian angle and read into the data that there is lots of room for upside because the stock is so out of favor. START SLIDESHOW : 15 Forgotten Giants of the S&P 500: Analysts' Current Least Favorites » From the other direction, a popular analyst pick could mean that many sharp minds individually came to the same bullish conclusion, and therefore the stock should do well, but it could also mean that if the company stumbles, that would come as a negative surprise. 7 of the Worst Stocks on Wall Street For these reasons, we at ETF Channel find value to putting together these rankings, because both the top and the bottom ends of the list can often make for some interesting stock picking ideas for further research. More From InvestorPlace 7 Monthly Dividend Stocks With Great Yields The 7 Best Cheap Dividend Stocks to Buy Now The post How International Business Machines Corp. Ranks Among Analysts' Picks (IBM) appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-08-26,78.461,79.0222,77.9067,78.3131,"[""How Did Intuit's Competition React To Weak Guidance?"", ""How Did Intuit's Competition React To Weak Guidance?"", ""CSP Inc. (CSPI) Ex-Dividend Date Scheduled for August 29, 2016 CSP Inc. ( CSPI ) will begin trading ex-dividend on August 29, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on September 09, 2016. Shareholders who purchased CSPI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that CSPI has paid the same dividend. At the current stock price of $9.49, the dividend yield is 4.64%. The previous trading day's last sale of CSPI was $9.49, representing a -6.96% decrease from the 52 week high of $10.20 and a 79.73% increase over the 52 week low of $5.28. CSPI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSPI's current earnings per share, an indicator of a company's profitability, is $.7. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSRA Inc. (CSRA) Ex-Dividend Date Scheduled for August 29, 2016 CSRA Inc. ( CSRA ) will begin trading ex-dividend on August 29, 2016. A cash dividend payment of $0.1 per share is scheduled to be paid on October 04, 2016. Shareholders who purchased CSRA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CSRA has paid the same dividend. At the current stock price of $25.8, the dividend yield is 1.55%. The previous trading day's last sale of CSRA was $25.8, representing a -22.85% decrease from the 52 week high of $33.44 and a 22.97% increase over the 52 week low of $20.98. CSRA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). Zacks Investment Research reports CSRA's forecasted earnings growth in 2017 as .43%, compared to an industry average of 14.7%. For more information on the declaration, record and payment dates, visit the CSRA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""How Did Intuit's Competition React To Weak Guidance?""]" ADP,2016-08-29,78.3575,78.7559,78.0547,78.1405,"Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for August 30, 2016 Ebix, Inc. ( EBIX ) will begin trading ex-dividend on August 30, 2016. A cash dividend payment of $0.075 per share is scheduled to be paid on September 15, 2016. Shareholders who purchased EBIX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that EBIX has paid the same dividend. At the current stock price of $58.2, the dividend yield is .52%. The previous trading day's last sale of EBIX was $58.2, representing a -0.94% decrease from the 52 week high of $58.75 and a 144.33% increase over the 52 week low of $23.82. EBIX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EBIX's current earnings per share, an indicator of a company's profitability, is $2.61. Zacks Investment Research reports EBIX's forecasted earnings growth in 2016 as 18.42%, compared to an industry average of .4%. For more information on the declaration, record and payment dates, visit the EBIX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-08-30,78.3328,78.5478,78.0626,78.3131, ADP,2016-08-31,78.2204,78.5202,77.9817,78.3328,"Dow snaps six-month winning streak as energy sector tanks ADP employment report shows a gain of 177,000 in August The Dow Jones Industrial Average snap a six-month winning streak as weak energy shares weigh on the broader market." ADP,2016-09-01,78.5153,79.0489,78.2016,79.0489,"[""Stock Market News for September 01, 2016 Decline in energy shares weighed on benchmarks on Wednesday. Energy shares fell due to drop in oil prices . Increase in crude inventory levels adversely affected oil prices. Meanwhile, an upbeat private sector jobs report strengthened the case for a rate hike in the near term. The S&P 500 snapped a five-month rally to end in the red in August, while the Dow's six-month winning streak also came to an end. However, the Nasdaq bucked the declining trend and closed in positive territory for the week. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) decreased 0.3%, to close at 18,400.88. The S&P 500 fell 0.2% to close at 2,170.95. The tech-laden Nasdaq Composite Index closed at 5,213.22 losing 0.1%. The fear-gauge CBOE Volatility Index (VIX) increased 2.1% to settle at 13.39. A total of around 6.82 billion shares were traded on Wednesday, higher than the last 20-session average of 5.98 billion. Decliners outpaced advancing stocks on the NYSE. For 59% stocks that declined, 37% advanced. Energy Drags Stocks Lower A tumble in the price of oil weighed on energy shares. Oil prices fell after data showed that U.S. crude stockpiles increased to another record level. The U.S. Energy Information Administration said that domestic crude supplies rose by 2.3 million barrels in the week ended Aug. 26. WTI crude fell 3.7% to $46.70 per barrel. Brent crude also declined 2.8% to $47.04 a barrel. The Energy Select Sector SPDR (XLE) declined 1.6% yesterday, its steepest one-day percentage decline since Aug 1. Shares of Dow components Exxon Mobil Corporation ( XOM ) and Chevron Corporation ( CVX ) dropped 0.4% and 1.1%, respectively. Jobs Data Strengthens Rate Hike Chances Meantime, a better-than-expected private sector employment data bolstered chances of an imminent rate. Fed Vice Chairman Stanley Fischer has already said that \""we're reasonably close to what is thought of as full employment\"". According to the Automatic Data Processing Inc. ( ADP ), about 177,000 jobs were added in the private sector in August, more than analysts' expectations of 175,000 job additions. Private payrolls data for July was also revised higher to 194,000 from 179,000 (read more: ADP Reports 177,000 Increase in August Payrolls ). Separately, the National Association of Realtors (NAR) reported that the Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 1.3% from June to 111.3 in July, its second highest reading in over a decade. Monthly Round Up For the month the S&P 500 and the Dow declined 0.1% and 0.2%, respectively. However, the tech-laden Nasdaq managed to settle in the green, gaining 1%. Investors continued to grapple with the timing of a rate hike, with Fed Chairwoman Janet Yellen saying that the case for hiking federal funds rate has gained in strength in \""recent months\"", mostly due to a job market rebound following a slump in hiring in spring. (read more: 5 Stocks to Buy on Encouraging Employment Data ). A potential interest rate hike this year dragged the broader markets down in August since such low rates had boosted the markets for a considerable period of time. Separately, Utilities Select Sector SPDR (XLU) dropped 5.5% in August, the most among the S&P 500 sectors. This is because a rate hike will increase cost of capital and eventually decrease profitability (read more: 5 High Dividend Stocks to Bet Against a Rate Hike ). Expectations that the Fed will move closer to a rate hike call helped the dollar hit multi-week highs, but a strong dollar erodes the earnings of U.S. firms that sell their goods overseas. The dollar's strength along with crude oversupply also weighed on oil prices. The oil market has already gone through a topsy-turvy ride in August. While the crude oil entered bear market territory during the beginning of August on subdued demand, it did stampeded into a bull market territory during the third week of last month, thanks to increase in expectations that top oil producing countries like Russia and Saudi Arabia will cap output (read more: The Top Oil Stocks to Buy Now ). Stocks that Made Headlines Costco Posts Flat Comps in August; Sales Up Costco Wholesale Corporation ( COST ) reported flat comparable-store sales (comps) for the month of August. ( Read more ) Salesforce Q2 Earnings Beat Estimates; Guides Low The world's leading CRM platform provider, Salesforce.com Inc. ( CRM ) reported better-than-expected second-quarter fiscal 2017 results. ( Read More ) Weyerhaeuser Sells Liquid Packaging Facility to Nippon Forest product manufacturer and supplier Weyerhaeuser Company ( WY ) announced that it has completed divesting its liquid packaging board business to Nippon Paper Industries Co., Ltd. ( Read More ) C.H. Robinson Announces APC Logistics Acquisition C.H. Robinson Worldwide Inc. ( CHRW ) announced its intention to acquire APC Logistics for around AUD 300 million. ( Read More ) Thermo Fisher Closes FEI Deal, Grows in Electron Microscopy Thermo Fisher Scientific, Inc. ( TMO ) recently completed its earlier announced mega $4.2 billion acquisition of FEI Company. ( Read More ) Alphabet to Move Struggling Nest Lab Platform to Google Alphabet Inc. ( GOOGL ) is reportedly moving its home-automation subsidiary Nest Lab's entire platform team to Google. ( Read More ) Where Do Zacks' Investment Ideas Come From? You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 \""\""Strong Buy\""\"" stocks free of charge. There is no better place to start your own stock search. Plus you can access the full list of must-avoid Zacks Rank #5 \""\""Strong Sells\""\"" and other private research. See the stocks free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EXXON MOBIL CRP (XOM): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report COSTCO WHOLE CP (COST): Free Stock Analysis Report SALESFORCE.COM (CRM): Free Stock Analysis Report WEYERHAEUSER CO (WY): Free Stock Analysis Report CH ROBINSON WWD (CHRW): Free Stock Analysis Report THERMO FISHER (TMO): Free Stock Analysis Report ALPHABET INC-A (GOOGL): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for September 02, 2016 Jack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on September 02, 2016. A cash dividend payment of $0.28 per share is scheduled to be paid on September 27, 2016. Shareholders who purchased JKHY prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that JKHY has paid the same dividend. At the current stock price of $87.27, the dividend yield is 1.28%. The previous trading day's last sale of JKHY was $87.27, representing a -2.91% decrease from the 52 week high of $89.89 and a 34.12% increase over the 52 week low of $65.07. JKHY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). JKHY's current earnings per share, an indicator of a company's profitability, is $3.12. Zacks Investment Research reports JKHY's forecasted earnings growth in 2017 as -2.32%, compared to an industry average of -2.3%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to JKHY through an Exchange Traded Fund [ETF]? The following ETF(s) have JKHY as a top-10 holding: WBI Tactical SMS Shares ( WBID ) WBI Tactical SMV Shares ( WBIB ). The top-performing ETF of this group is WBIB with an increase of 4.89% over the last 100 days. WBID has the highest percent weighting of JKHY at 3.59%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-09-02,79.2637,79.3595,78.5478,78.8378,"Financial ETFs Surged in August: Will the Rally Last? While most of the major U.S. benchmarks found it difficult to finish in the positive territory in August, it was the financial sector that outperformed other broader S&P 500 sectors. Rising possibilities of a rate hike on the back of an improving U.S. economy played a major role in boosting the sector last month. The broader financial sector ETF - Financial Select Sector SPDR ETFXLF - gained nearly 3.9% and emerged as the best performing sector. Meanwhile, the KBW Nasdaq Bank Index that seeks to track performances of bank stocks surged 6.8%. Moreover, major U.S. banks recorded significant gains last month. A 12% rise in shares of Morgan Stanley MS made it the best performer among the financial stocks in August, closely followed by an 11% gain by Bank of America Corporation BAC and 9% rise in Citigroup Inc. C shares. Strong gains in the month significantly helped the financial sector offset majority of the losses incurred since the start of the year (read more: U.S. Banks Clear Stress Test: Financial ETFs in Focus ). Rate Hike Chances - Main Catalyst Fed chairwoman Janet Yellen recently said that ""the case for an increase in the federal funds rate has strengthened in recent months"" on the back of an improving U.S. economic scenario. Moreover, other Fed officials remained in favor of a rate hike in the near term. Recent comments by the Fed Vice Chairman Stanley Fisher, the New York Fed President William Dudley and the Atlanta Fed President Dennis Lockhart indicated that the underlying strength in the U.S. economy is favorable enough to sustain a rate hike by the end of this year (read: Hawkish Fed Vice Chairman Adds Strength to These ETFs ). Except REITs, the other Finance sector constituents - banks, brokerage firms, asset managers and insurers - usually benefit from a rising rate environment. This is because the steepening yield curve tends to bolster profits for banks, insurance companies, discount brokerage firms and asset managers. Moreover, second-quarter performances of the finance companies were encouraging in spite of a challenging operating environment. Effective cost management and exploration of different options to improve the top line helped these companies maintain bottom-line growth during the quarter. Will the Surge Continue? Performances of financial ETFs in the near future will largely depend on the rate hike prospects, which in turn are contingent on inflation rate and labor market conditions in the near term. In her speech at Jackson Hole, Yellen stated that the central bank currently predicts that the U.S. economy will continue to witness encouraging growth and the labor market is poised to be favorable in the coming months. She also said that the Fed sees ""inflation rising to 2% over the next few years"" (read: Is it Time to Invest in Financial ETFs? ). Banking on this encouraging outlook, the central bank ""continues to anticipate gradual increases in the federal funds rate will be appropriate over time."" Meanwhile, today's official jobs data is likely to play an important role in rate hike decisions. A better-than-expected private sector employment report released on August 31 has bolstered chances of a rate hike. According to the Automatic Data Processing Inc. ADP , about 177,000 jobs were added in the private sector in August, more than analysts' expectations of 175,000 job additions. Private payrolls data for July was also raised to 194,000 from 179,000. Moreover, outcome of the U.S. presidential election in November are expected to be an important factor for the rate hike. Though the probability of a rate increase in September currently stands at 24%, there lies a 57% possibility of a December hike, as per CME Group (read: Fed or Trump: Who Will Decide the Fate of Gold ETFs? ). Financial ETFs to Watch In addition to the broader financial ETF, XLF, other popular ETFs from this space reported significant gains last month. Vanguard Financials ETFVFH and iShares US FinancialsIYF rose 3.2% and 3.2%, respectively, in August. Moreover, two popular bank ETFs surged last month on the back of rising rate hike speculations. Further, SPDR S&P Bank ETFKBE and SPDR S&P Regional Banking ETFKRE rallied 7.3% and 3.4%, respectively, last month. These funds are also poised to remain on investor radar in the coming months as investors will closely watch for cues of a rate hike. Want key ETF info delivered straight to your inbox? Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CITIGROUP INC (C): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report SPDR-FINL SELS (XLF): ETF Research Reports AUTOMATIC DATA (ADP): Free Stock Analysis Report SPDR-KBW BANK (KBE): ETF Research Reports SPDR-KBW REG BK (KRE): ETF Research Reports VIPERS-FINANCL (VFH): ETF Research Reports ISHARS-US FN SE (IYF): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-09-06,78.2529,78.6188,78.0074,78.3762,"[""Ex-Dividend Reminders Include Mantech International Corp (MANT) InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips Looking at the universe of stocks we cover at Dividend Channel , Mantech International Corp ( MANT ), Automatic Data Processing ( ADP ) and TELUS Corp ( TU ) will all trade ex-dividend for their respective upcoming dividends on 9/7/16. ManTech International will pay its annual dividend of 21 cents per share on 9/23/16, Automatic Data Processing will pay its quarterly dividend of 53 cents per share on 10/1/16, and TELUS will pay its quarterly dividend of 46 cents per share on 10/3/16. START SLIDESHOW : Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen \u00bb As a percentage of MANT's recent stock price of $40.89, this dividend works out to approximately 0.51%, so look for shares of ManTech International to trade 0.51% lower - all else being equal - when MANT shares open for trading on 9/7/16. 7 Must-Own Tech Stocks With REAL Dividend Growth Similarly, investors should look for ADP to open 0.59% lower in price and for TU to open 1.36% lower, all else being equal. Below are dividend history charts for MANT, ADP, and TU, showing historical dividends prior to the most recent ones declared. ManTech International Corp : Automatic Data Processing Inc. : TELUS Corp. : In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. 9 Dividend Stocks That Have Written Checks Since the 1800s This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.51% for ManTech International, 2.36% for Automatic Data Processing, and 5.42% for TELUS. More From InvestorPlace The 10 Best Cheap Stocks in the World 7 Deeply Underloved Stocks to Buy Now The post Ex-Dividend Reminders Include Mantech International Corp (MANT) appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for September 07, 2016 Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on September 07, 2016. A cash dividend payment of $0.53 per share is scheduled to be paid on October 01, 2016. Shareholders who purchased ADP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ADP has paid the same dividend. At the current stock price of $90.39, the dividend yield is 2.35%. The previous trading day's last sale of ADP was $90.39, representing a -5.84% decrease from the 52 week high of $96 and a 19.36% increase over the 52 week low of $75.73. ADP is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Infosys Limited ( INFY ). ADP's current earnings per share, an indicator of a company's profitability, is $3.25. Zacks Investment Research reports ADP's forecasted earnings growth in 2017 as 11.38%, compared to an industry average of 5.6%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ADP through an Exchange Traded Fund [ETF]? The following ETF(s) have ADP as a top-10 holding: AdvisorShares Wilshire Buyback ETF ( TTFS ) Direxion NASDAQ-100 Equal Weighted Index Shares ( QQQE ). The top-performing ETF of this group is QQQE with an increase of 6.25% over the last 100 days. TTFS has the highest percent weighting of ADP at 1.49%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-09-07,78.2599,78.9541,78.2194,78.9246, ADP,2016-09-08,78.7075,79.0262,78.3762,78.4985, ADP,2016-09-09,77.7106,78.0774,75.9363,75.9541,"[""Wedbush Initiates Coverage on Automatic Data Processing at Neutral, Announces $100.00 PT"", ""Benzinga's Top Initiations"", ""Benzinga's Top Initiations"", ""Wedbush Initiates Coverage on Automatic Data Processing at Neutral, Announces $100.00 PT"", ""CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for September 12, 2016 CSG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on September 12, 2016. A cash dividend payment of $0.185 per share is scheduled to be paid on September 29, 2016. Shareholders who purchased CSGS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CSGS has paid the same dividend. At the current stock price of $44.05, the dividend yield is 1.68%. The previous trading day's last sale of CSGS was $44.05, representing a -5.35% decrease from the 52 week high of $46.54 and a 50.09% increase over the 52 week low of $29.35. CSGS is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSGS's current earnings per share, an indicator of a company's profitability, is $2.17. Zacks Investment Research reports CSGS's forecasted earnings growth in 2016 as -2.19%, compared to an industry average of .1%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Benzinga's Top Initiations"", ""Wedbush Initiates Coverage on Automatic Data Processing at Neutral, Announces $100.00 PT""]" ADP,2016-09-12,75.8564,77.4196,75.742,77.3318, ADP,2016-09-13,76.6119,77.0242,75.7707,76.0567, ADP,2016-09-14,76.2085,76.5419,75.8486,76.0567,"[""Technology Select Sector SPDR Fund Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Technology Select Sector SPDR Fund (Symbol: XLK) where we have detected an approximate $507.8 million dollar outflow -- that's a 3.9% decrease week over week (from 278,805,897 to 267,905,897). Among the largest underlying components of XLK, in trading today PayPal Holdings Inc (Symbol: PYPL) is up about 0.5%, Automatic Data Processing Inc. (Symbol: ADP) is up about 0.5%, and Applied Materials, Inc. (Symbol: AMAT) is up by about 0.1%. For a complete list of holdings, visit the XLK Holdings page \u00bb The chart below shows the one year price performance of XLK, versus its 200 day moving average: Looking at the chart above, XLK's low point in its 52 week range is $38.03 per share, with $47.72 as the 52 week high point - that compares with a last trade of $46.94. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mentor Graphics Corporation (MENT) Ex-Dividend Date Scheduled for September 15, 2016 Mentor Graphics Corporation ( MENT ) will begin trading ex-dividend on September 15, 2016. A cash dividend payment of $0.055 per share is scheduled to be paid on September 30, 2016. Shareholders who purchased MENT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that MENT has paid the same dividend. At the current stock price of $23.18, the dividend yield is .95%. The previous trading day's last sale of MENT was $23.18, representing a -17.48% decrease from the 52 week high of $28.09 and a 43.98% increase over the 52 week low of $16.10. MENT is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). MENT's current earnings per share, an indicator of a company's profitability, is $.54. Zacks Investment Research reports MENT's forecasted earnings growth in 2017 as -5.12%, compared to an industry average of 4%. For more information on the declaration, record and payment dates, visit the MENT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-09-15,75.8733,77.0242,75.6552,76.7519,"[""Leidos Holdings, Inc. (LDOS) Ex-Dividend Date Scheduled for September 16, 2016 Leidos Holdings, Inc. ( LDOS ) will begin trading ex-dividend on September 16, 2016. A cash dividend payment of $0.32 per share is scheduled to be paid on September 30, 2016. Shareholders who purchased LDOS prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -97.65% decrease from the prior dividend payment. At the current stock price of $41.33, the dividend yield is 9.29%. The previous trading day's last sale of LDOS was $41.33, representing a -30.56% decrease from the 52 week high of $59.52 and a 9.37% increase over the 52 week low of $37.79. LDOS is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). LDOS's current earnings per share, an indicator of a company's profitability, is $3.6. Zacks Investment Research reports LDOS's forecasted earnings growth in 2016 as 11.19%, compared to an industry average of -.1%. For more information on the declaration, record and payment dates, visit the LDOS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Accenture a Top Socially Responsible Dividend Stock With 2.0% Yield (ACN) Accenture plc (Symbol: ACN) has been named a Top Socially Responsible Dividend Stock by Dividend Channel , signifying a stock with above-average ''DividendRank'' statistics including a strong 2.0% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society - for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel , Accenture plc is a member of both the iShares MSCI USA ESG Select Social Index Fund ETF ( KLD ), making up 2.88% of the underlying holdings of the fund, as well as the iShares MSCI KLD 400 Social Index Fund ETF ( DSI ), where ACN makes up 0.81% of the underlying holdings of the fund. The annualized dividend paid by Accenture plc is $2.20/share, currently paid in semi-annual installments, and its most recent dividend ex-date was on 04/13/2016. Below is a long-term dividend history chart for ACN, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. ACN operates in the Information Technology Services sector, among companies like International Business Machines Corp. ( IBM ), and Automatic Data Processing Inc. ( ADP ). Top 25 Socially Responsible Dividend Stocks - Income To Feel Good About \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-09-16,76.464,76.4867,75.6375,76.1119, ADP,2016-09-19,76.4097,76.6828,75.8486,75.9461, ADP,2016-09-20,76.4373,77.2854,76.2696,77.0242,"Convergys Corporation (CVG) Ex-Dividend Date Scheduled for September 21, 2016 Convergys Corporation ( CVG ) will begin trading ex-dividend on September 21, 2016. A cash dividend payment of $0.09 per share is scheduled to be paid on October 07, 2016. Shareholders who purchased CVG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.5% increase over prior dividend payment. At the current stock price of $29.1, the dividend yield is 1.24%. The previous trading day's last sale of CVG was $29.1, representing a -5.89% decrease from the 52 week high of $30.92 and a 29.16% increase over the 52 week low of $22.53. CVG is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CVG's current earnings per share, an indicator of a company's profitability, is $1.72. Zacks Investment Research reports CVG's forecasted earnings growth in 2016 as 8.81%, compared to an industry average of 5.6%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-09-21,77.0516,78.0617,76.9521,77.9788,"Computer Task Group, Incorporated (CTG) Ex-Dividend Date Scheduled for September 22, 2016 Computer Task Group, Incorporated ( CTG ) will begin trading ex-dividend on September 22, 2016. A cash dividend payment of $0.06 per share is scheduled to be paid on October 07, 2016. Shareholders who purchased CTG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that CTG has paid the same dividend. At the current stock price of $4.58, the dividend yield is 5.24%. The previous trading day's last sale of CTG was $4.58, representing a -40.64% decrease from the 52 week high of $7.72 and a 1.55% increase over the 52 week low of $4.51. CTG is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CTG's current earnings per share, an indicator of a company's profitability, is -$.94. Zacks Investment Research reports CTG's forecasted earnings growth in 2016 as -53.66%, compared to an industry average of 15.5%. For more information on the declaration, record and payment dates, visit the CTG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-09-22,78.5488,78.7974,78.2372,78.4897, ADP,2016-09-23,77.7766,78.2933,77.5991,77.6099, ADP,2016-09-26,77.1287,77.6011,77.0853,77.3752, ADP,2016-09-27,77.4531,78.1474,77.2934,78.0438,"[""Intuit (INTU) Continues to Lose Ground: Should You Hold? It has been over a month that Intuit Inc.INTU reported fourth-quarter fiscal 2016 results. Since then, shares of the company have been on a downtrend. Since its last earnings release on Aug 23, the stock has lost over 4%. The drop was because of the company's tepid near-term guidance rather than the quarterly numbers. INTUIT INC Price INTUIT INC Price | INTUIT INC Quote During its last quarterly results, the company provided revenue guidance for the first quarter of fiscal 2017, which was way below the Zacks Consensus Estimate. Intuit has anticipated revenues in the range of $740 million to $760 million (mid-point $750 million), while the Zacks Consensus Estimate was pegged at $780 million at that time. Nonetheless, in our opinion the recent weakness seen in Intuit is temporary, as the company is well poised to grow on strategic initiatives. We are positive on Intuit's growing exposure to small and medium businesses and believe that its strategic acquisitions will boost the segment. Increasing adoption of cloud-based services and products is another big positive. Moreover, Intuit has restructured its business to focus better on QuickBooks. The company expects to continue investing in the portfolio, which will likely hit its near-term profitability, yet lead to substantial benefits over the long term. The company is also concentrating on reimaging its products with the new mobile design. Its TurboTax solutions help customers prepare and file online tax returns through tablets, mobiles and desktop computers. These offerings are expected to expand its customer base, going forward. However, rising competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . A better-ranked stock in the Software industry is Paylocity Holding Corporation PCTY . The company provides cloud-based payroll and human capital management software solutions for medium-sized organizations. Paylocity sports a Zacks Rank #1 and has a long-term EPS growth rate of 20%. Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PAYCOM SOFTWARE (PAYC): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYLOCITY HLDG (PCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Amdocs Limited (DOX) Ex-Dividend Date Scheduled for September 28, 2016 Amdocs Limited ( DOX ) will begin trading ex-dividend on September 28, 2016. A cash dividend payment of $0.195 per share is scheduled to be paid on October 21, 2016. Shareholders who purchased DOX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DOX has paid the same dividend. At the current stock price of $58.06, the dividend yield is 1.34%. The previous trading day's last sale of DOX was $58.06, representing a -5.33% decrease from the 52 week high of $61.33 and a 15.99% increase over the 52 week low of $50.06. DOX is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). DOX's current earnings per share, an indicator of a company's profitability, is $2.66. Zacks Investment Research reports DOX's forecasted earnings growth in 2016 as 6.18%, compared to an industry average of 14.7%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: VanEck Vectors Israel ETF ( ISRA ) WBI Tactical SMS Shares ( WBID ) WBI Tactical SMV Shares ( WBIB ). The top-performing ETF of this group is ISRA with an increase of 6.14% over the last 100 days. It also has the highest percent weighting of DOX at 5.63%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex Earnings Preview: HR Outsourcing, Interest on Client Funds To Drive Growth Paychex ( PAYX )is scheduled to announce its Q1 FY 2017 earnings before markets open on Wednesday, September 28. Paychex's net revenues have grown at high single digits over the last few years, with much of the growth coming from its HR outsourcing and services business. HR outsourcing revenues have grown at over 15% over the last few years, while its core payroll processing business has grown at a steady 3-4% in the same period. Paychex has cemented its dominant position in the HR outsourcing market for small and medium-sized businesses as a result. We forecast the growth spree in Paychex's HR outsourcing business to continue to drive top-line growth in fiscal 2017, while Paychex's net revenues could increase by 8% through fiscal year 2017 (ended May). The total number of payroll processing clients served by Paychex has increased at a 1-2% in the last few years, complemented by a 2-4% price increase. This trend could continue, with payroll processing clients served expected to increase by around 2% for the year to 613,000 clients. Comparatively, the number of HR services clients has increased at a much faster pace over the last couple of years, driven by the Affordable Care Act (PPACA), which includes a regulation wherein many employers are required to provide health insurance to employees. Additionally, the growth in small businesses has witnessed a consistent increase in 2016 thus far. According to the most recent data in the small business jobs index released by Paychex, the index stood at 100.70 for August, which was up by 0.22% over the previous year. The index has averaged 100.71 in 2016 thus far, which is an improvement after a weak end to 2015. This is a healthy sign for HR management firms such as ADP ( ADP ) and Paychex as the total number of clients served by these companies is likely to continue to increase. The third key area of growth for Paychex in the coming quarters could be the interest earned on client assets. Over the last few years, interest rates have stayed extremely low, due to which the net client assets under management at Paychex grew from around $3.7 billion through FY 2013 to $4.1 billion in FY 2016. This figure can further improve to $4.2 billion in FY 2017 and continue to grow at around 3% in the coming years due to the hike in interest rates. Moreover, the yield on client funds could improve to around 1.8% in FY 2017, up from around 1.1% over the last few years, resulting in a significant revenue growth from this division. Given that the expenses in this segment are fixed in nature, the top line growth could directly translate to an improvement in the company-wide EBITDA margin. We forecast Paychex's EBITDA margin to improve by 60 basis points through FY 2017 as show below. Have more questions about Paychex ( PAYX )? See the links below: What's Paychex's Fundamental Value Based On Expected 2016 Results? What's Paychex's Revenue & Earnings Composition? How Has Paychex's Revenue & EBITDA Composition Changed In The Last Five Years? Where Will Paychex's Revenue Growth Come From In The Next Five Years? How Do Paychex And ADP Compare On Core Payroll Processing Business? Notes: 1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com 2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Paychex . View Interactive Institutional Research (Powered by Trefis): Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap More Trefis Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-09-28,78.1642,78.1642,76.4284,76.7165,"[""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for September 29, 2016 Pegasystems Inc. ( PEGA ) will begin trading ex-dividend on September 29, 2016. A cash dividend payment of $0.03 per share is scheduled to be paid on October 17, 2016. Shareholders who purchased PEGA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that PEGA has paid the same dividend. At the current stock price of $29.38, the dividend yield is .41%. The previous trading day's last sale of PEGA was $29.38, representing a -2.81% decrease from the 52 week high of $30.23 and a 44.16% increase over the 52 week low of $20.38. PEGA is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). PEGA's current earnings per share, an indicator of a company's profitability, is $.5. Zacks Investment Research reports PEGA's forecasted earnings growth in 2016 as 30.23%, compared to an industry average of 6.3%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex (PAYX) Beats on Q1 Earnings; Updates FY17 View Paychex Inc.PAYX reported impressive results for first-quarter fiscal 2017, wherein its top and bottom lines both came ahead of the Zacks Consensus Estimate and improved year over year. The company reported earnings per share (\""EPS\"") of 60 cents which surpassed the Zacks Consensus Estimate of 57 cents and grew 3% year over year mainly on the back of higher revenues. Quarter Details Paychex reported total revenue (including interest on funds held for clients) of $785.5 million, up 9% year over year. Moreover, it surpassed the Zacks Consensus Estimate of $782 million. Excluding interest on funds held for its clients, total services revenue (Payroll service and Human Resource Services) grew 9% year over year to $773.5 million. Payroll Service segment revenues went up 4% from the year-ago period to $450.9 million, primarily on the back of higher revenue per check and client base. The acquisition of Advanced Partners contributed approximately 1% to the segment's revenue growth. Human Resource Services segment revenues rose 15% year over year to $322.6 million, mainly driven by solid growth in client base and worksite employees, increased revenues from retirement and online HR administration services. Interest on funds held for clients increased 11% on a year-over-year basis to $12 million, primarily benefiting from higher average interest rates earned. Paychex's total expenses increased 8% from the year-ago figure to $462.5 million due to 6% rise in compensation-related expenditure. However, total expenses, as a percentage of total revenue, decreased 10 basis points (bps) to 58.9%. Consequently, Paychex's operating margin expanded 10 bps to 41.1%. In dollar terms, reported operating income increased 9% year over year to $323 million. Net income came in at $217.4 million or 60 cents, up from $209.1 million or 58 cents reported last year. PAYCHEX INC Price, Consensus and EPS Surprise PAYCHEX INC Price, Consensus and EPS Surprise | PAYCHEX INC Quote Balance Sheet & Cash Flow Paychex exited fiscal first quarter 2017 with cash, cash equivalents and corporate investments of $497.7 million compared with $352.1 million at the end of the previous quarter. The company has no long-term debt. The company generated operating cash flow of $294.7 million in the first quarter of fiscal 2017. During the quarter, Paychex paid $166.3 million as dividend. Guidance Paychex updated some aspects of its fiscal 2017 outlook. Management now expects Payroll Service revenues to increase year over year in the range of 3% to 4%. Earlier, it projected growth of 4%. Net income is now likely to increase 7% year over year, down from earlier guidance of 8%. Effective income tax rate is now anticipated to be 35%. The previous forecast was in the range of 35.5% to 36%. Other aspects of the earlier guidance remain unchanged. The company continues to anticipate Human Resource Services revenues growth in the range of 12-14%. Total service revenue is likely to increase 7%-8%. Interest on funds held for its clients and investment income are projected to grow in the mid-single-digit range. Our Take In the fiscal first quarter of 2017, both earnings and revenues beat the respective Zacks Consensus Estimate. Moreover, the company's updated outlook for fiscal 2017 remains more or less encouraging, indicating that it is relatively well placed despite the current macroeconomic sluggishness. Furthermore, we are encouraged by Paychex's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives, such as joint ventures and acquisitions, support its long-term growth strategy. Product launches are expected to be the other growth drivers. Moreover, Paychex's focus on small- and mid-sized businesses looking for HR solutions could provide growth opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity NSP remain the primary concerns. Currently, Paychex has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . A better-ranked stock worth considering in the broader technology sector is Broadcom Limited AVGO . It sports a Zacks Rank #1 and has a long-term EPS growth rate of 15.03%. Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BROADCOM LTD (AVGO): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for September 29, 2016 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on September 29, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on October 21, 2016. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that TYPE has paid the same dividend. At the current stock price of $22.24, the dividend yield is 1.98%. The previous trading day's last sale of TYPE was $22.24, representing a -19.88% decrease from the 52 week high of $27.76 and a 28.48% increase over the 52 week low of $17.31. TYPE is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). TYPE's current earnings per share, an indicator of a company's profitability, is $.61. Zacks Investment Research reports TYPE's forecasted earnings growth in 2016 as -6.67%, compared to an industry average of 6.3%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-09-29,76.6898,77.3575,76.5014,76.5142, ADP,2016-09-30,76.6741,77.6365,76.4797,77.3841,"XLK, ACN, ADP, EBAY: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Technology Select Sector SPDR Fund (Symbol: XLK) where we have detected an approximate $66.6 million dollar outflow -- that's a 0.5% decrease week over week (from 272,055,897 to 270,655,897). Among the largest underlying components of XLK, in trading today Accenture plc (Symbol: ACN) is up about 0.6%, Automatic Data Processing Inc. (Symbol: ADP) is up about 0.3%, and eBay Inc. (Symbol: EBAY) is higher by about 1.2%. For a complete list of holdings, visit the XLK Holdings page » The chart below shows the one year price performance of XLK, versus its 200 day moving average: Looking at the chart above, XLK's low point in its 52 week range is $38.03 per share, with $47.97 as the 52 week high point - that compares with a last trade of $47.65. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-10-03,77.3486,77.3486,76.8131,76.8851,"[""Versum Materials Is An Electronics Materials Pure Play"", ""Versum Materials Is An Electronics Materials Pure Play"", ""Versum Materials Is An Electronics Materials Pure Play""]" ADP,2016-10-04,77.0516,77.2006,76.2865,76.4797,"Automatic Data Processing (ADP) Shares Cross Below 200 DMA In trading on Tuesday, shares of Automatic Data Processing Inc. (Symbol: ADP) crossed below their 200 day moving average of $87.49, changing hands as low as $87.28 per share. Automatic Data Processing Inc. shares are currently trading down about 0.3% on the day. The chart below shows the one year performance of ADP shares, versus its 200 day moving average: Looking at the chart above, ADP's low point in its 52 week range is $76.65 per share, with $96.00 as the 52 week high point - that compares with a last trade of $87.60. According to the ETF Finder at ETF Channel, ADP makes up 2.59% of the SPDR Morgan Stanley Technology ETF (Symbol: MTK) which is trading relatively unchanged on the day Tuesday. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-10-05,76.8929,77.0152,76.4009,76.8408,"[""Understanding The Cloud Computing Biz Model: What Are SaaS, PaaS And IaaS?"", ""Understanding The Cloud Computing Biz Model: What Are SaaS, PaaS And IaaS?"", ""ADP Provides 'Goldilocks' Jobs Number Wednesday, October 5, 2016 The forward indicator for monthly U.S. employment is this morning's private sector payroll report from Automatic Data Processing ADP , a major payroll services firm. In the month of September, ADP reports a gain of 154K in U.S. jobs. This is lower than both expectations of 173K and the average of the past four months. August private sector jobs were revised down by 2000 to 175K. Estimates for Friday's BLS non-farm payroll report - the big one, including government sector jobs the ADP report does not include, as well as the unemployment rate - currently average out to 170K, although following this morning's disappointing number, we may see some downward revisions before Friday. Also, this \""disappointing\"" number from ADP this morning is relative: at 154K new jobs, especially with the U.S. labor market nearing full employment, we're still looking at a healthy jobs situation. Though the new job gains have dropped significantly, this is part of what happens when a labor market tightens and we approach full employment. Broken down by industry sector, we see Professional and Business Services carrying the biggest load at +45K new jobs in September, followed by Trade/Transportation/Utilities at +15K, and both Construction and Financials weighing in at +11K. Manufacturing remained the laggard at -6K. Large businesses brought in 64K, Medium 56K and Small businesses posted 34K. The U.S. trade deficit for August was also released this morning, reaching $40.7 billion, up roughly $1 billion from the July tally. Though still an extraordinary number, these figures are strongly relative - we haven't had a trade imbalance of $50 billion for four and a half years. All in all, these numbers appear pretty \""Goldilocks\"" from an initial perspective. Meaning that if the non-farm payroll numbers stay positive - but not too positive - then we may continue to see a delay in the Fed deciding to raise interest rates. Not that we were expecting a rate hike a week before the General Election this November anyway, but current conditions do not throw any of these type of scenarios into question. Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports AUTOMATIC DATA (ADP): Free Stock Analysis Report NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Understanding The Cloud Computing Biz Model: What Are SaaS, PaaS And IaaS?""]" ADP,2016-10-06,76.5507,76.9443,76.1385,76.8229,"[""These 2 Biotechs Could Vanish by 2018 Investors hoping to suss out the next Amgen or Gilead Sciences -- that is, companies that start small but grow into multi-billion dollar entities -- can be in for rough ride. After all, most early life cycle biotechs tend to meet one of two less glamorous fates: bankruptcy or buyout. Armed with this insight, let's take a look at two high-profile biotech companies that appear destined to vanish from the public markets within the next year or two. ACAD data by YCharts . The overarching concern seems to be Acadia's lack of experience in terms of handling a commercial launch. Nuplazid, after all, is the company's maiden voyage into the complex world of pharmaceutical sales, and the biotech is up against a host of bigger competitors that sell a variety of products commonly used off-label to treat PDP. That said, Nuplazid's estimated target market of 400,000 Parkinson's patients in just the U.S., combined with its annual wholesale price of $23,400 , gives it a real shot at eventually reaching blockbuster status. However, it might take a company with deeper ties to the Parkinson's disease market and a more robust commercial infrastructure to turn these lofty sales projections into reality. So, if Nuplazid gets off to a slower than expected start and Acadia's valuation continues to trend lower as a result, this mid-cap biotech might prove to be a particularly compelling buyout target. And perhaps as an added buyout trigger, Acadia is close to releasing the results of a mid-stage study assessing pimavanserin in Alzheimer's disease psychosis (ADP) -- an indication that could easily bring in another billion or so in sales. In fact, pimavanserin's overall clinical program has the potential to make it one of the top-selling drugs in the world well before it loses patent protection in the U.S. in 2028: As drugs with mega-blockbuster potential and over a decade of market exclusivity ahead are exceedingly rare, it's hard to imagine Acadia existing beyond 2018 as an independent entity, especially in this M&A-rich environment. Indeed, Nuplazid's commercial launch would probably have to defy most expectations by a wide margin to the downside in order to deter possible buyers. MannKind's death spiral is nearly complete MannKind Corp. (NASDAQ: MNKD) is quickly running out of cash, and sales of its inhaled insulin product Afrezza have continued to underwhelm this year, despite the company's innovative efforts to reenergize its launch following Sanofi 's decision to return the drug's commercial rights. Making matters worse, the biotech recently received a NASDAQ de-listing notice, perhaps necessitating a sizable reverse split (when a company reduces its share count by several fold to up its price per share) to meet the exchange's listing requirements. Cutting to the chase, this struggling biotech has been averaging a quarterly cash burn rate of $21 million over the last year -- and that's before the company took on Afrezza's commercialization, meaning that MannKind probably has less than two quarters remaining in terms of a rock solid cash runway. Now, MannKind does have some additional financing options available to extend its runway, such as its $50 million or so in at-the-market (ATM) stock offerings, as well as a $30 million loan agreement with The Mann Group. But there's no guarantee that the company will be able to access the entirety of these remaining funds. After all, it's not exactly feasible to tap a $50 million ATM facility with a share price below a buck. The bottom line is that without a white knight riding in to save the day sometime soon, MannKind probably won't be able to postpone a dreaded bankruptcy filing that much longer. Key takeaways While the biotech industry is rife with jaw-dropping growth opportunities, it also contains a fair number of potential landmines. Acadia, for example, made it through the perils of clinical trials and a regulatory review to reach the commercial phase of its life cycle, only to be met with doubt about its ability to properly execute Nuplazid's commercial launch. MannKind, for its part, appeared primed to prove its detractors wrong following the somewhat unexpected approval of Afrezza, but then ran into the harsh reality of commercializing a novel pharma product. Acadia and MannKind thus clearly illustrate the substantial risks associated with investing in early life cycle biotechs and are a good reminder that it's not always smooth sailing after FDA approval. Even with these risks in mind, though, Acadia does look like a worthwhile buy right now in light of Nuplazid's commercial prospects -- even if they aren't realized immediately out of the gate. MannKind, by contrast, doesn't appear to have the necessary elements in place to reverse course, meaning that investors would probably be wise to avoid this falling knife. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . George Budwell has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Gilead Sciences. The Motley Fool has the following options: short October 2016 $85 calls on Gilead Sciences. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for October 06, 2016 Benchmarks finished in the green on Wednesday following encouraging economic data and rally in oil prices . ISM Services Index reached its highest level in eleven months, which raised Fed rate hike expectations. This in turn had a positive impact on financial stocks. Also, higher-than-expected decline in crude inventories data led energy sector to register healthy gains. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) increased 0.6%, or 112.58 points, to close at 18,281.03. The S&P 500 rose 0.4% to close at 2,159.73. The tech-laden Nasdaq Composite Index closed at 5,316.02, gaining 0.5%. The fear-gauge CBOE Volatility Index (VIX) decreased 4.7% to settle at 12.99. A total of around 7 billion shares were traded on Wednesday, lower than the last 20-session average of 7.2 billion shares. Advancers outpaced declining stocks on the NYSE. For 59% stocks that advanced, 38% declined. What Boosted The Benchmarks? The Institute for Supply Management reported that ISM Services Index increased from 51.4% in August to 57.1% last month. The increase was more than the consensus estimate of a rise to 52.8%. It reached at its best settlement in eleven months. Strong gains in services activity strengthened Fed rate hike prospects, which had a positive impact on bank and financial stocks. The SPDR S&P Bank (KBE) advanced 1.8%, registering its best increase since August 5. Also, financials Select Sector SPDR (XLF) went up 1.6% and was the biggest gainer among the S&P 500 sectors. Dow components JPMorgan Chase & Co ( JPM ) and Goldman Sachs Group, Inc. ( GS ) increased 1.6% and 2.6%, respectively. Further, the U.S. Energy Information Administration (EIA) reported that the U.S. commercial crude oil inventories fell 3 million barrels to 499.7 million for the week ended September 30, in contrast to analysts' projections of an increase of 2.6 million barrels. Crude inventories posted its fifth straight weekly drop. WTI crude rose 2.3% to $49.83 per barrel. Brent crude also advanced 1.9% to $51.86 a barrel. Increase in oil prices led the Energy Select Sector SPDR (XLE) to gain 1.5%. Dow components such as Chevron Corporation ( CVX ) and Exxon Mobil Corporation ( XOM ) surged 1% and 0.9%, respectively. Both the two companies possess a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. In other economic news, U.S. private employers added 154,000 jobs in September, lower than analysts' expectations of around 173,000 jobs, according to the Automatic Data Processing, Inc. ( ADP ). This also fell short of August's revised number of 175,000. Additionally, factory orders rose 0.2% in August after advancing 1.4% in July. Stocks That Made Headlines Today Yum! Brands Q3 Earnings Meet Estimates; Stock Down Shares of Yum! Brands ( YUM ) declined as its third-quarter earnings remained in line with the Zacks Consensus Estimate, but revenues missed the Zacks Consensus Estimate. ( Read More ) Wal-Mart Boosts Stake in JD.com, Expands Further in China Wal-Mart Stores Inc. ( WMT ) has reportedly increased its stake in Chinese eCommerce website, JD.com Inc. ( Read More ) Weyerhaeuser to Divest North Pacific to One Rock Weyerhaeuser Company ( WY ) announced that it has agreed to sell its printing papers company, North Pacific Paper Company to One Rock Capital Partners, LLC. ( Read More ) Chesapeake's Capital Structure Improves, Here's Why Chesapeake Energy Corporation ( CHK ) announced that its capital structure has improved to quite an extent owing to recent transactions. ( Read More ) MetLife Files for US Retail Unit Spinoff, Moody's Reacts MetLife, Inc. ( MET ) has filed with the SEC to spin off its U.S. life insurance unit into a new holding company named Brighthouse Financial Inc. ( Read More ) Where Do Zacks' Investment Ideas Come From? You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 \""Strong Buy\"" stocks free of charge. There is no better place to start your own stock search. Plus you can access the full list of must-avoid Zacks Rank #5 \""Strong Sells\"" and other private research. See the stocks free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMORGAN CHASE (JPM): Free Stock Analysis Report GOLDMAN SACHS (GS): Free Stock Analysis Report EXXON MOBIL CRP (XOM): Free Stock Analysis Report CHEVRON CORP (CVX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report YUM! BRANDS INC (YUM): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report WEYERHAEUSER CO (WY): Free Stock Analysis Report CHESAPEAKE ENGY (CHK): Free Stock Analysis Report METLIFE INC (MET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-10-07,77.0242,77.0242,76.2085,76.6553,"Details in Jobs Report Suggest More Slack in U.S. Labor Market Friday, October 7, 2016 The September non-farm payroll report from the Bureau of Labor Statistics (BLS) showed job gains of 154K for the month. This is below the roughly 170K expected by analysts, on average. The unemployment rate ticked up from 4.9% to 5.0%, as more U.S. citizens actively look for work. Significant revisions to the previous two months were announced, as well: July's 275K has been reduced considerably to 252K, yet August's 151K is bumped up to 167K, for a net loss of 7000 jobs over those summer months. For September, 354K jobs have been added to the workforce, backing up the slight rise in unemployment percentage. ""Real"" unemployment - referred to as the U6 in the BLS report - has remained unchanged at 9.7% for the past three months. Yet the Labor Force Participation Rate was up to 62.9% and 444K people have now gone back to work, so ""full employment"" - now clearly a relative term - looks to have more slack than was earlier assumed. This actually backs up what the Fed has been asserting: that U.S. employment has more room to run. The three-month average is 192K jobs, indicating an overall slowdown in jobs creation, especially looking back through the past dozen quarters or so. This makes sense, too, considering that we are getting closer to full employment; there may be more ""room to run,"" but it won't be as fast. Average hourly earnings rose 0.2%, tallying 2.6% for the year. However, average hours worked has remained stagnant at 33.5 hours per week. This points to a key weakness in the current labor market: much of the work in the U.S. is less than full-time. Modern analyses of the ""gig economy"" would tend to bear this out. As we saw in the ADP ADP private sector jobs report on Wednesday, Professional/Business Services carried most of the heavy lifting: 67K new jobs in the sector were created in September. Healthcare brought 33K and Restaurants 30K. Services far outweighing Manufacturing, but we knew that already. Overall, the BLS report posted 167K private-sector jobs. Mark Vickery Senior Editor Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports AUTOMATIC DATA (ADP): Free Stock Analysis Report NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-10-10,76.9798,77.4117,76.8851,77.0064,"2 Dividend Champions of Tech You Can Buy Today When it comes to dividend investing, boring is beautiful. That's why buying and holding the best stocks that pay dividends can deliver market-beating returns, particularly when those dividends are reinvested. Though many of today's largest tech stocks are relatively new to paying dividends, here are the two best dividend champions in the tech sector. Data source: Yahoo! Finance. Crucially, this says very little about either AT&T 's(NYSE: T) or Automatic Data Processing 's(NASDAQ: ADP) prospects going forward, so let's delve further into the specifics on these two tech dividend champions. ADP: A lucrative business with a history of strong returns Payment processor Automatic Data Processing, or ADP for short, is a longtime Fool favorite -- a recommendation in two of our premium services -- and for good reason. As the leader in a hugely lucrative industry, ADP simply prints profits, which it has adroitly returned to shareholders in a stream of ever-increasing dividend payments. So, what is ADP's secret sauce? At a high level, this dividend champion takes a tedious, non-core task that all companies face and makes it as simple and painless as possible. The company generates nearly 80% of its total sales from its Employer Services segment, which essentially provides many of the core HR tasks like payroll services, benefits administration, tax and compliance services, and the like. Providing this critical backend support makes ADP's business model extremely sticky; its average customer lifespan is over a decade. However, providing outsourced business tasks remains just one aspect of ADP's business. It also collects interest on a pooled employer payroll it holds on its balance sheet before dispersing them as paychecks, an aspect of its business that rising interest rates will benefit. Its profitable, sticky business model allows ADP to funnel ever-increasing amounts of money toward its shareholders, and it shows no signs of losing momentum any time soon. The company has increased its dividend for 41 consecutive years, and it has doubled its cash dividend payments since 2007. Looking to the future, the average estimate from the 20 sell-side analysts covering the company calls for its EPS to grow at an average annual rate of 10.5% over the next five years, which should give the company ample flexibility to easily fund continued dividend growth as well. Without question, ADP remains just as compelling of a tech sector dividend champion as AT&T. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early, in-the-know investors! To be one of them, just click here . Andrew Tonner has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing and T-Mobile US. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-10-11,76.9186,76.9186,75.2056,75.5309,"SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) Ex-Dividend Date Scheduled for October 12, 2016 SCIENCE APPLICATIONS INTERNATIONAL CORPORATION ( SAIC ) will begin trading ex-dividend on October 12, 2016. A cash dividend payment of $0.31 per share is scheduled to be paid on October 28, 2016. Shareholders who purchased SAIC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that SAIC has paid the same dividend. At the current stock price of $70.1, the dividend yield is 1.77%. The previous trading day's last sale of SAIC was $70.1, representing a -3.31% decrease from the 52 week high of $72.50 and a 76.31% increase over the 52 week low of $39.76. SAIC is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). SAIC's current earnings per share, an indicator of a company's profitability, is $2.84. Zacks Investment Research reports SAIC's forecasted earnings growth in 2017 as 15.79%, compared to an industry average of 15.6%. For more information on the declaration, record and payment dates, visit the SAIC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SAIC through an Exchange Traded Fund [ETF]? The following ETF(s) have SAIC as a top-10 holding: WBI Tactical SMY Shares ( WBIC ) WisdomTree U.S. SmallCap Quality Dividend Growth Fund ( DGRS ). The top-performing ETF of this group is DGRS with an increase of 13.37% over the last 100 days. WBIC has the highest percent weighting of SAIC at 2.31%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-10-12,75.6976,76.4492,75.5142,76.2155, ADP,2016-10-13,75.8298,76.4955,75.4097,76.2332, ADP,2016-10-14,76.6119,77.254,76.2529,76.8229, ADP,2016-10-17,76.8408,76.9443,76.3121,76.5419, ADP,2016-10-18,77.3121,77.5339,76.6119,76.6651, ADP,2016-10-19,76.8408,76.9698,76.6297,76.6987, ADP,2016-10-20,76.5044,76.8181,75.8811,76.1908, ADP,2016-10-21,75.8811,76.1749,74.9965,76.0832, ADP,2016-10-24,76.6297,77.0429,76.4955,76.9186,"Equifax (EFX) to Report Q3 Earnings: What's in the Cards? Equifax Inc.EFX is set to report third-quarter 2016 results on Oct 26. Last quarter, the company posted a positive earnings surprise of 5.2%. Let's see how things are shaping up for this announcement. Factors to Consider Equifax posted better-than-expected results for the second quarter, which also registered year-over-year growth. Recently, Equifax entered into a strategic alliance with BizEquity, a global leader of business valuation knowledge and big data. As per the agreement, the companies will introduce a business valuation tool that will ""help financial professionals prospect more effectively and small business owners better understand their business' worth."" By partnering with BizEquity, Equinix expects to cater to over 900,000 financial professionals. We believe that the agreement will benefit the company by expanding its customer base and boosting its top-line performance. Management's efforts such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America, should act as tailwinds. Also, the company's strong correlation with the consumer and financial markets as well as exposure in the U.S. and Europe are likely to propel growth. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. and Moody's Corp., along with uncertainty in the mortgage sector, raises concerns. EQUIFAX INC Price and EPS Surprise EQUIFAX INC Price and EPS Surprise | EQUIFAX INC Quote Earnings Whispers Our proven model does not conclusively show that Equifax will beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP: Its Earnings ESP is -0.74% as the Most Accurate estimate of $1.35 per share is pegged lower than the Zacks Consensus Estimate of $1.36. Zacks Rank: Equifax' Zacks Rank #3 increases the predictive power of ESP. However, we need to have a positive ESP to be confident about an earnings surprise. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a couple of companies, which, as per our model, have the right combination of elements to post an earnings beat this quarter: Amazon.com, Inc. AMZN with Earnings ESP of +10.47% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here HubSpot, Inc. HUBS with Earnings ESP of +13.89% and a Zacks Rank #3 Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQUIFAX INC (EFX): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report HUBSPOT INC (HUBS): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-10-25,76.8131,76.9886,76.5044,76.7697, ADP,2016-10-26,76.5586,76.9798,76.3486,76.4955, ADP,2016-10-27,76.6464,76.7075,76.0054,76.032,"[""Equifax (EFX) Q3 Earnings & Revenues Top; Lifts '16 View Keeping its earnings streak alive for the seventh time in a row, Equifax Inc.EFX reported better-than-expected results in the third quarter of 2016. The company's adjusted earnings (excluding amortization expenses, Veda Group acquisition-related charges and other one-time items) per share from continuing operations of $1.44 surpassed the Zacks Consensus Estimate of $1.36 and surged 26% year over year. On a GAAP basis, the company reported earnings of $1.09 per share, up from the year-ago quarter tally of 98 cents. The strong year-over-year bottom-line growth was mainly aided by solid top-line performance and stringent cost management, which was partially offset by a slight increase in the number of total outstanding shares. The overwhelming third-quarter results boosted investors' confidence as shares gained 1.5% in after hour trade. FindTheCompany | Graphiq Revenues Equifax's revenues of $804.1 million came ahead of the Zacks Consensus Estimate of $801 million and were toward the higher-end of management's guided range of $795-$805 million (mid-point $800 million). The figure was also up 20.5% on a year-over-year basis. The company made slight changes in its reportable segments from first-quarter 2016. The U.S. Information Solutions (USIS) and Workforce Solutions remained unchanged, while Personal Solutions was renamed to Global Consumer Solutions. Under the International segment, Equifax has \""created a new Asia Pacific reporting unit, including the Veda acquisition as well as TDX Australia and India operations, which previously were part of the Europe reporting unit.\"" Segment-wise, total USIS revenues were up 9% year over year to $317.4 million. Among its sub-segments, growth was recorded in Online Information Solutions (7%), Mortgage Solutions Services (24%) and Financial Marketing Services (3%). International revenues (including Europe, the Asia-Pacific, Canada and Latin America) surged 47% year over year to $214.3 million. On a constant-currency basis, revenues soared 60%. Growth was mainly driven by the Veda Group acquisition, which increased the Asia-Pacific region's contribution to revenues to $73.6 million from $2.3 million. Moreover, the company registered an increase of 2% in Europe and 4% in Canada. However, revenues from Latin America dropped 9%. Revenues from the Workforce Solutions segment surged 23% year over year to $171.3 million, primarily on the back of 23% revenue growth registered in both, Verification Services as well as Employer Services. Global Consumer Solutions contributed $101.1 million to total revenue, reflecting a 12% year-over-year jump. Operating Results Equifax's adjusted operating income increased approximately 30% to $265.9 million. Consequently, adjusted operating margin expanded 240 basis points (bps) to 34.4%. Adjusted net income came in at $175.2 million or $1.44 per share, compared with $137.6 million or $1.14 per share reported a year ago. EQUIFAX INC Price, Consensus and EPS Surprise EQUIFAX INC Price, Consensus and EPS Surprise | EQUIFAX INC Quote Balance Sheet & Cash Flow Equifax exited the quarter with $111.5 million in cash and cash equivalents, up from the previous quarters' balance of $96.8 billion. Total long-term debt (excluding current portion) was $2.14 billion, down from $2.5 billion at the end of second-quarter 2016. During the first three quarters of 2016, Equifax generated cash flow of $524.5 million from operational activities. The company paid $118.1 million as dividends in the first nine months of 2016. Guidance Buoyed by strong third-quarter results, Equifax raised its earnings guidance for the full year. Adjusted earnings per share are now forecast to be between $5.45 and $5.48 (midpoint: $5.465), compared with the previous projection of $5.35-$5.40 (midpoint: $5.375). The earnings guidance range is significantly above the Zacks Consensus Estimate of $5.31. However, Equifax now expects revenues to be slightly over $3.14 billion, which is lower than the mid-point of its earlier projection of $3.13-$3.16 billion (mid-point $3.15). Moreover, the revenue outlook is also lower than the Zacks Consensus Estimate of $3.15 billion. Coming to the fourth-quarter outlook, Equifax projects revenues in the range of $797 million to $801 million (midpoint: $799 million), while the Zacks Consensus Estimate is pegged at $806.9 million. Adjusted earnings per share are projected to be between $1.35 and $1.38 (midpoint: $1.365). The Zacks Consensus Estimate is pegged at $1.37. Our Take Equifax posted better-than-expected results for the third quarter. Earnings and revenues both recorded year-over-year growth. Moreover, its upbeat full-year guidance for earnings indicates that its growth initiatives are aimed in the right direction. Management's efforts, such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America, should prove to be tailwinds. Also, the company's strong correlation with the consumer and financial markets as well as exposure in the U.S. and Europe are likely to propel growth, going ahead. However, competition from the likes of Automatic Data Processing Inc. ADP , Fiserv Inc. FISV and Moody's Corp. MCO , along with uncertainty in the mortgage sector, raises concerns. Currently, Equifax has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MOODYS CORP (MCO): Free Stock Analysis Report EQUIFAX INC (EFX): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report FISERV INC (FISV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Insperity (NSP) to Report Q3 Earnings: What's in Store? Insperity, Inc.NSP is set to report third-quarter 2016 results on Nov 1. Last quarter, the company reported a negative earnings surprise of 25%. It has an average negative earnings surprise of 8.11% over the trailing four quarters, despite beating estimates in two quarters. Let's see how things are shaping up for this announcement. Factors to Consider The company is well placed to benefit from the booming professional employer organization (PEO) industry, strong client retention and growth in worksite employees in the long run. However, Insperity has not achieved the desired levels despite increasing average worksite employees (WSEs), which remain a major concern. In addition, a sluggish global macro environment can lead to headcount reductions at client companies. An increase in health care costs does not bode well for Insperity as it is one of the major components of operating expenses. Furthermore, client attrition amid increasing competition from the likes of Automatic Data Processing Inc. ADP and TriNet Group, Inc. remain concerns. For the third quarter of 2016, Insperity projects adjusted earnings in a range of 72 cents to 78 cents a share. Adjusted EBITDA is projected to be $30 million to $32 million and average worksite employees (WSEs) are expected in a range of 170,000 - 170,700, representing growth of 14% to 14.5%. Earnings Whispers Our proven model does not conclusively show that Insperity is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP : Insperity currently has a 0.00% ESP because both the Most Accurate estimate and the Zacks Consensus Estimate stand at 63 cents. Please check our Earnings ESP Filter that enables you to find stocks that are expected to come out with earnings surprises Zacks Rank : Insperity has a Zacks Rank #3, which when combined with a 0.00% ESP, makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a couple of stocks that, as per our model, have the right combination of elements to post an earnings beat this quarter: NN Inc. NNBR has an Earnings ESP of +4.35% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here . Mercadolibre, Inc. MELI with an Earnings ESP of +8.24% and a Zacks Rank #1 INSPERITY INC Price and EPS Surprise INSPERITY INC Price and EPS Surprise | INSPERITY INC Quote Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MERCADOLIBRE IN (MELI): Free Stock Analysis Report NN INC (NNBR): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-10-28,76.103,76.9019,75.9817,76.4719,"[""Noteworthy ETF Outflows: USMV, PAYX, GIS, ADP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $43.8 million dollar outflow -- that's a 0.3% decrease week over week (from 300,900,000 to 299,900,000). Among the largest underlying components of USMV, in trading today Paychex Inc (Symbol: PAYX) is up about 0.6%, General Mills, Inc. (Symbol: GIS) is up about 0.8%, and Automatic Data Processing Inc. (Symbol: ADP) is up by about 0.5%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $38.64 per share, with $47.19 as the 52 week high point - that compares with a last trade of $43.99. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Q1 Earnings: Will it Beat? We expect Automatic Data Processing, Inc.ADP to beat expectations when it reports first-quarter fiscal 2017 results on Nov 2. In the last quarter, the company reported a positive earnings surprise of 2.99%. Notably, the company delivered positive earnings surprises in three out of the last four quarters, with an average positive earnings surprise of 2.04%. Why a Likely Positive Surprise? Our proven model shows that Automatic Data Processing is likely to beat earnings because it has the right combination of two key ingredients. Positive Zacks ESP:Earnings ESP , which represents the difference between the Most Accurate estimate (80 cents per share) and the Zacks Consensus Estimate (77 cents per share), stands at +3.90%. This is very meaningful and a leading indicator of a likely positive earnings surprise for shares. Please check our Earnings ESP Filter that enables you to find stocks that are expected to come out with earnings surprises. Zacks Rank #3 (Hold): Note that stocks with a Zacks Rank of #1 (Strong Buy), 2 (Buy) and 3 (Hold) have a significantly higher chance of beating earnings estimates. The Sell-rated stocks (#4 and 5) should never be considered going into an earnings announcement. The combination of Automatic Data Processing's Zacks Rank #3 and +3.90% ESP makes us very confident in looking for an earnings beat. What is Driving the Better-Than-Expected Earnings? Automatic Data Processing holds a dominant position in the payroll processing and human capital management market, primarily due to its robust product portfolio. We believe that the company's higher revenue per client and a decent customer retention ratio place it in an advantageous position. However, in the past, the company has witnessed some negative impact on its retention rate owing to migration from the legacy business and increasing competition in the sphere. Furthermore, we expect the company's investments in its new initiatives to weigh on its upcoming quarterly earnings. In addition, a volatile macroeconomic environment, strengthening U.S. dollar and increasing competition from the likes of Paychex, Equifax Inc. EFX , Insperity, Inc. and TriNet Group are the other factors likely to affect earnings this season. We note that Automatic Data Processing's DataCloud technology is gradually gaining traction in the corporate sector. Notably, in Aug 2016, Follett Corporation adopted Automatic Data Processing's technology to streamline the requirements of the organization. This growing trend of adoptions is likely to get reflected in theto-be reported quarter's earnings. AUTOMATIC DATA Price and EPS Surprise AUTOMATIC DATA Price and EPS Surprise | AUTOMATIC DATA Quote Other Stocks to Consider Here are some other companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter: Inovalon Holdings, Inc. INOV with an Earnings ESP of +50.00% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here . SITO Mobile, Ltd. SITO with an Earnings ESP of +100.00% and a Zacks Rank #1 Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQUIFAX INC (EFX): Free Stock Analysis Report SITO MOBILE LTD (SITO): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report INOVALON HLDGS (INOV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-10-31,76.8318,76.9531,76.3121,76.384, ADP,2016-11-01,76.5941,76.7697,75.9176,76.2618,"[""Outsourcing Stocks Earnings Slated for Nov 2: ADP, G, TTEC The Q3 earnings season is peaking at the moment with majority of the S&P 500 members set to complete reporting by the end of this week (84.2% of the index's total membership). Notably, after consecutive five quarters of decline, earnings are finally back into the positive territory. As per the latest Zacks Earnings Preview report, overall third-quarter earnings for S&P 500 companies are anticipated to be up by 2.0% (compared to an earlier estimate of +1.4%) from the year-ago quarter on revenues that are estimated to increase 1.4%. The growth is expected to be driven by solid results from the Finance sector, driven by robust performance from big names like J.P. Morgan and Goldman Sachs. Finance's impressive show is anticipated to mitigate sluggish growth from the Energy, Autos, Transportation as well as Technology sector. Meanwhile, the Business Services sector is looking reasonably good. We now have third-quarter results from 81.8% of the sector's total market capitalization in the S&P 500 index. So far, total earnings are surging 17.2% year over year on 7.9% higher revenues, with 88.2% beating EPS estimates and 58.8% beating revenue expectations. For the sector, earnings are anticipated to grow 15.3%, while revenues are touted to rise 8.6% over last year. On that note, let's take a look at three outsourcing stocks - part of the broader Business Services sector - that are expected to release their results on Nov 2. Automatic Data Processing Inc.ADP is unlikely to beat first-quarter fiscal 2017 earnings estimates as it has an unfavorable combination of a Zacks Rank #4 (Sell) and an Earnings ESP of 0.00%. This is because, as per our proven model, a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to beat earnings. Simultaneously, we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into an earnings announcement, especially when the company is seeing negative estimate revisions. Automatic Data Processing holds a dominant position in the payroll processing and human capital management market, primarily due to its robust product portfolio. We believe that the company's higher revenue per client and a decent customer retention ratio place it in an advantageous position. However, in the past, the company has witnessed some negative impact on its retention rate owing to migration from the legacy business and increasing competition in the sphere. Furthermore, we expect the company's investments in its new initiatives to weigh on its upcoming quarterly earnings. AUTOMATIC DATA Price and EPS Surprise AUTOMATIC DATA Price and EPS Surprise | AUTOMATIC DATA Quote We note that Automatic Data Processing's results compared favorably with the Zacks Consensus Estimate in three of the last four quarters, with an average positive surprise of 2.04%. Genpact LimitedG too is unlikely to beat third-quarter 2016 earnings estimates as it has an unfavorable combination of a Zacks Rank #2 and an Earnings ESP of 0.00%. You can see the complete list of today's Zacks #1 Rank stocks here . Aggressive investments on improving capabilities, client-facing teams and rigorous training are expected to expand client-base, which will drive top-line growth. Genpact's results will continue to be backed by the core global client BPO business that has gained significant traction in providing consulting, digital and analytical services. However, challenges in the healthcare and investment banking verticals are concerns. Further, adverse foreign currency exchange rate volatility is a concern as the company lowered its full-year 2016 revenue guidance citing $41 million impact. GENPACT LTD Price and EPS Surprise GENPACT LTD Price and EPS Surprise | GENPACT LTD Quote Notably, Genpact's results have beaten the Zacks Consensus Estimate in the trailing four quarters with an average positive surprise of 9.56%. TeleTech Holdings Inc . TTEC is set to report third-quarter 2016 results. The company provides customer engagement management solutions to customers across the United States, Philippines, Latin America, Europe, Middle East, Africa, Asia Pacific, and Canada. TeleTech has an Earnings ESP of 0.00% and carries a Zacks Rank #3. Please check our Earnings ESP Filter that enables you to find stocks that are expected to come out with earnings surprises. Foreign exchange rate volatility is anticipated to continue to hurt top-line growth. Moreover, revenue growth is expected to remain sluggish in the Customer Management Services and Customer Technology Services which will impact overall growth. TELETECH HLDGS Price and EPS Surprise TELETECH HLDGS Price and EPS Surprise | TELETECH HLDGS Quote We note that TeleTech's results compared unfavorably with the Zacks Consensus Estimate in three of the last four quarters, with an average negative surprise of 14.33%. Now See Our Private Investment Ideas While the above ideas are being shared with the public, other trades are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report GENPACT LTD (G): Free Stock Analysis Report TELETECH HLDGS (TTEC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Earnings Preview: Steady Increase In Clients, Pricing To Drive Top Line Growth ADP ( ADP ) is scheduled to reported its fiscal Q1 2017 earnings on November 2. The company has reported a steady 7-8% increase in revenue over the last few years, driven by higher demand for HR outsourcing and services over the years and a consistent growth in its core payroll processing business. In the fiscal year ended June, ADP's HR outsourcing revenues rose by around 16% year-over-year to just over $3 billion. Much of the growth in the HR services (or PEO services) business was attributable to ADP's business outside the U.S, which witnessed a strong demand for solutions catering to both small and mid-sized clients and large businesses. Comparatively, payroll processing revenues have witnessed moderate single-digit growth in the last few years, including the fiscal year 2016 when revenues were up 4% to $8.2 billion as shown below. Key Growth Metrics For ADP In terms of key growth metrics, the company has witnessed double digit growth in HR Outsourcing and Services revenues, which has led to an increase in the contribution of HR Outsourcing and Services to the company's top line from 17% in 2010 to 26% in 2016. Correspondingly, the total number of worksite employees under ADP's HR division has increased at a CAGR of almost 13% from 2010 through 2015. In the most recent earnings, the company reported an almost 12% increase in its total worksite employees to 432,000 by the end of June. On the other hand ADP's core payroll processing business has also grown at a steady 5-6% over the last few years. In the fiscal year ended June, ADP's payroll processing revenues increased by 4% to $8.2 billion, with the number of payroll clients and fee per client growing at 1-2% as shown below. The consistent growth in these metrics should continue to benefit ADP in the long run. See our full analysis for ADP . View Interactive Institutional Research (Powered by Trefis): Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap More Trefis Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for November 2, 2016 : BABA, AGN, TWX, ADP, ANTM, TRP, SE, SRE, HCN, ZTS, TEL, EL The following companies are expected to report earnings prior to market open on 11/02/2016. Visit our Earnings Calendar for a full list of expected earnings releases. Alibaba Group Holding Limited ( BABA ) is reporting for the quarter ending September 30, 2016. The internet company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.47. This value represents a 23.68% increase compared to the same quarter last year. BABA missed the consensus earnings per share in the 1st calendar quarter of 2016 by -47.37%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for BABA is 48.19 vs. an industry ratio of 19.50, implying that they will have a higher earnings growth than their competitors in the same industry. Allergan plc. ( AGN ) is reporting for the quarter ending September 30, 2016. The medical company's consensus earnings per share forecast from the 9 analysts that follow the stock is $3.57. This value represents a 2.59% increase compared to the same quarter last year. In the past year AGN has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 2.13%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for AGN is 15.01 vs. an industry ratio of 20.10. Time Warner Inc. ( TWX ) is reporting for the quarter ending September 30, 2016. The media company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.36. This value represents a 8.80% increase compared to the same quarter last year. In the past year TWX has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 11.21%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for TWX is 16.42 vs. an industry ratio of 18.50. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending September 30, 2016. The outsourcing company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.77. This value represents a 13.24% increase compared to the same quarter last year. ADP missed the consensus earnings per share in the 1st calendar quarter of 2016 by -0.85%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ADP is 23.98 vs. an industry ratio of 30.80. Anthem, Inc. ( ANTM ) is reporting for the quarter ending September 30, 2016. The hmo company's consensus earnings per share forecast from the 11 analysts that follow the stock is $2.49. This value represents a 8.79% decrease compared to the same quarter last year. ANTM missed the consensus earnings per share in the 4th calendar quarter of 2015 by -7.32%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ANTM is 11.26 vs. an industry ratio of 13.30. TransCanada Corporation ( TRP ) is reporting for the quarter ending September 30, 2016. The oil (production/pipeline) company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.47. This value represents a 2.08% decrease compared to the same quarter last year. TRP missed the consensus earnings per share in the 1st calendar quarter of 2016 by -5.56%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for TRP is 24.88 vs. an industry ratio of 39.40. Spectra Energy Corp ( SE ) is reporting for the quarter ending September 30, 2016. The oil (production/pipeline) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.25. This value represents a 8.70% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for SE is 34.27 vs. an industry ratio of 39.40. Sempra Energy ( SRE ) is reporting for the quarter ending September 30, 2016. The gas distribution company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.97. This value represents a 3.00% decrease compared to the same quarter last year. The last two quarters SRE had negative earnings surprises; the latest report they missed by -21%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for SRE is 22.22 vs. an industry ratio of 18.10, implying that they will have a higher earnings growth than their competitors in the same industry. Welltower Inc. ( HCN ) is reporting for the quarter ending September 30, 2016. The reit company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.15. This value represents a 2.68% increase compared to the same quarter last year. In the past year HCN has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 0.88%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for HCN is 15.00 vs. an industry ratio of 14.50, implying that they will have a higher earnings growth than their competitors in the same industry. Zoetis Inc. ( ZTS ) is reporting for the quarter ending September 30, 2016. The drug company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.46. This value represents a 8.00% decrease compared to the same quarter last year. In the past year ZTS has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 11.36%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ZTS is 25.29 vs. an industry ratio of -7.70, implying that they will have a higher earnings growth than their competitors in the same industry. TE Connectivity Ltd. ( TEL ) is reporting for the quarter ending September 30, 2016. The electrical instrument company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.19. This value represents a 32.22% increase compared to the same quarter last year. TEL missed the consensus earnings per share in the 3rd calendar quarter of 2015 by -3.23%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for TEL is 15.72 vs. an industry ratio of 14.00, implying that they will have a higher earnings growth than their competitors in the same industry. Estee Lauder Companies, Inc. ( EL ) is reporting for the quarter ending September 30, 2016. The cosmetic & toiletries company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.79. This value represents a 3.66% decrease compared to the same quarter last year. In the past year EL has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 7.5%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for EL is 25.33 vs. an industry ratio of 35.50. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-11-02,77.2934,79.744,77.2934,78.9443,"[""Earnings Scheduled For November 2, 2016"", ""ADP Reports Q1 Adj. EPS $0.86 vs $0.76 Est., Sales $2.9B vs $2.92B Est."", ""ADP Reports Q1 Adj. EPS $0.86 vs $0.76 Est., Sales $2.9B vs $2.92B Est."", ""Earnings Scheduled For November 2, 2016"", ""Automatic Data Processing (ADP) Shares Cross Above 200 DMA In trading on Wednesday, shares of Automatic Data Processing Inc. (Symbol: ADP) crossed above their 200 day moving average of $88.03, changing hands as high as $90.88 per share. Automatic Data Processing Inc. shares are currently trading up about 4.5% on the day. The chart below shows the one year performance of ADP shares, versus its 200 day moving average: Looking at the chart above, ADP's low point in its 52 week range is $76.65 per share, with $96.00 as the 52 week high point - that compares with a last trade of $90.81. According to the ETF Finder at ETF Channel, ADP makes up 2.63% of the SPDR Morgan Stanley Technology ETF (Symbol: MTK) which is trading relatively unchanged on the day Wednesday. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""On Jobs, the Fed and Improbable Outcomes Wednesday, November 2, 2016 As Q3 earnings season blasts through another thousand or so companies' earnings this week, we see the Fed meeting yesterday and bringing forth a statement today on interest rates, as well as the latest ADP private sector payroll number, which is the main precursor to Friday's non-farm payroll report number. The monthly jobs survey from payroll services firm Automatic Data Processing ADP showed a gain of 147K private-sector jobs in the month of October. This was below the consensus estimate of 170K, though we see a big upward revision to September's tally: 202K, up 48K from the initial read. This is mostly to do with the way ADP has revised its model; usually previous-month revisions are not that big. ADP's report showed 165K new jobs in Services, while Goods-producing employment fell 18K, consistent with the U.S. economy overall having become services-based, not manufacturing-based. What does this mean for Friday's jobs number? The Bureau of Labor Statistics (BLS) releases its full employment report usually the first Friday of each month. Including government-sector jobs, the consensus estimate is for 173K new jobs last month. While the ADP and BLS numbers often vary in their initial posts, over time their reads of job gains or losses gibe together. Market futures were largely unaffected by the ADP news; its results are no big surprise to market participants, especially in the pre-market. The S&P 500, Dow and Nasdaq were all slightly down to unchanged from Tuesday's close, which showed downward pressure ahead of next week's General Election. Many analysts are eagerly awaiting a market climate that does not need to factor in the uncertainty of the election's outcome. What does all this mean for the Fed's statement later today? Basically, about the only thing that could disrupt the near-term market's trajectory would be the surprise announcement of an interest rate hike from Fed Chairwoman Janet Yellen, who is not scheduled to speak publicly following the meeting. Of course, an electoral victory for Donald Trump over Hillary Clinton would be a market surprise akin to that of Brexit writ large, no - YUGE! - but here in Chicago we invite the improbable surprise, at least as far as the Cubs in Game 7 of the World Series in concerned. Mark Vickery Senior Editor Click here to follow this author>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports AUTOMATIC DATA (ADP): Free Stock Analysis Report NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Insperity (NSP) Beats on Q3 Earnings, Misses on Revenues Insperity Inc.NSP reported mixed third-quarter 2016 numbers with earnings coming ahead of expectations but revenues falling short of the same. Earnings of 66 cents per share beat the Zacks Consensus Estimate of 63 cents. Earnings increased 37.5% on a year-over-year basis. Insperity's revenues of $702.5 million increased 12.2% on a year-over-year basis but lagged the Zacks Consensus Estimate of $710 million. The year-over-year growth was driven by a 13% increase in average paid worksite employees. Quarterly Numbers in Details Insperity's gross margin in the quarter was down 20 basis points (bps) from the year-ago period to 17%. The company's operating expenses increased 9.4% year over year to $95 million. Operating margin was 3.2%, flat on a year-over-year basis. Insperity exited the quarter with cash, marketable securities and restricted cash of $223.6 million compared with $269.5 million as on Dec 31, 2015. Guidance Insperity also provided an outlook for the fourth quarter and raised its full year 2016 guidance. For the fourth quarter of 2016, Insperity projects adjusted earnings in a range of 52 cents to 57 cents a share. Adjusted EBITDA is projected to be $22.5 million to $24.5 million and average worksite employees (WSEs) are expected in a range of 173,000 - 173,750, representing growth of 13% to 13.5%. For full year 2016, the company projects adjusted earnings of $3.53- $3.58 compared with $3.50 - $3.60 a share projected earlier. Adjusted EBITDA is expected to be in the range of $141 million - $143 million. Average WSEs are now expected to be 166,000 -166,100 compared with the earlier projection of 166,000 -168,000. INSPERITY INC Price and EPS Surprise INSPERITY INC Price and EPS Surprise | INSPERITY INC Quote Conclusion The company is well placed to benefit from the booming professional employer organization (PEO) industry, strong client retention and growth in worksite employees in the long run. However, Insperity has not achieved the desired levels despite increasing average worksite employees (WSEs), which remain a major concern. In addition, a sluggish global macro environment can lead to headcount reductions at client companies. An increase in health care costs does not bode well for Insperity as it is one of the major components of operating expenses. Furthermore, client attrition amid increasing competition from the likes of Automatic Data Processing Inc. ADP , Paylocity Holding Corporation PCTY and TriNet Group, Inc. TNET remains a concern. Currently, Insperity has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYLOCITY HLDG (PCTY): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Beats on Q1 Earnings Founded in 1949, New Jersey-based Automatic Data Processing Inc . ADP is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves approximately 637K clients across 125 nations. The company reports in three business segments - Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. The Employer Services segment includes human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. On Nov 1, 2016, ADP signed an agreement to sell its CHSA and COBRA businesses to WageWorks for $235 million and anticipates an estimated pre-tax gain of approximately $200 million. The company expects the sale to be completed during the second quarter of fiscal 2017. The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. The Dealer Services segment provides integrated dealer management systems, digital marketing solutions and other business management solutions to the automotive, heavy truck, motorcycle, marine, recreational vehicle (RV), and heavy equipment retailers, distributors, and manufacturers. Zacks Rank : Currently, ADP has a Zacks Rank #4 (Sell) but that could change following its first-quarter fiscal 2017 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : ADP's adjusted earnings from continuing operations came in at 86 cents a share, beating the Zacks Consensus Estimate of 77 cents. Earnings also improved 26.5% year over year. AUTOMATIC DATA Price AUTOMATIC DATA Price | AUTOMATIC DATA Quote Revenues : Revenues of $2.92 billion came above the Zacks Consensus Estimate of $2.91 billion and grew 7.5% on a year over year basis. Key Stats : New business bookings were flat on a year-over-year basis in the reported quarter. Stock Price : Shares prices did not show any movement in the pre-market trading session. Check back later for our full write up on this ADP earnings report later! Confidential from Zacks Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Tops on Q3 Earnings Automatic Data Processing Inc.ADP reported first-quarter fiscal 2017 adjusted earnings from continuing operations of 86 cents per share, which beat the Zacks Consensus Estimate by 9 cents and jumped 26.5% on a year-over-year basis. Revenues of $2.92 billion also beat the Zacks Consensus Estimate of $2.91 billion and grew 7.5% on a year-over-year basis. Quarter Details Employer Services revenues in the quarter increased 6% year over year to $2.26 billion at constant currency. The number of employees on ADP clients' payrolls in the U.S. increased 2.7% on a same-store-sales basis. PEO Services revenues surged 13% year over year to $794.7 million. In the quarter, combined worldwide new business bookings for the company remained flat on a year-over-year basis. New business bookings represent annualized recurring revenues expected from new orders. Interest on funds held for clients in the quarter increased 2% to $89 million. The company's average client funds balance climbed 4% year over year to $20 billion in the quarter while average interest yield remained flat on a year-over-year basis. AUTOMATIC DATA Price, Consensus and EPS Surprise AUTOMATIC DATA Price, Consensus and EPS Surprise | AUTOMATIC DATA Quote Adjusted EBIT margin increased about 230 basis points (bps) in the quarter to 19.8% driven by operational efficiencies and a slower growth in selling expenses. Balance Sheet Automatic Data Processing exited first-quarter 2017 with cash and cash equivalents (including short-term marketable securities) of approximately $2.82 billion compared with $3.21 billion as on Jun 30, 2016. Long-term debt was approximately $2 billion at the end of the quarter. Divestiture On Nov 1, 2016, Automatic Data Processing signed an agreement to sell its CHSA and COBRA businesses to WageWorks for $235 million. The company anticipates a pre-tax gain of approximately $200 million. Management expects the sale to be completed during second-quarter fiscal 2017. Guidance Automatic Data Processing now anticipates year-over-year revenue growth of 7% to 8% (down from 7% to 9%) for fiscal 2017. New business bookings are expected to grow 4% to 6%. Automatic Data Processing expects adjusted earnings to grow 15% to 17% (up from 6% to 8%) over fiscal 2016 levels. This represents almost 50 bps expansion in adjusted EBIT margin. The company projects Employer Services revenues to grow in the range of 4% to 5% in fiscal 2017. The company estimates pay per control to increase 2.5% in the year. PEO Services revenues are expected to increase 14% to 16% in the year. Additionally, the company expects interest on funds held for clients to increase $5-$10 million, or approximately 2% to 3% over fiscal 2016 levels. It is based on estimated growth in average client funds balances of 2% to 4% from $22.4 billion in fiscal 2016. Further, the total contribution from client funds extended investment strategy is anticipated to be up $5 million. Our Take Automatic Data Processing holds a dominant position in the payroll processing and human capital management market, primarily due to its robust product portfolio. We believe that the company's higher revenue per client and a decent customer retention ratio place it in an advantageous position. However, in the past, the company has seen some negative impact on its retention rate owing to migration from the legacy business and increasing competition in the sphere. Furthermore, we expect the company's investments in its new initiatives to weigh on near-term earnings. In addition, a volatile macroeconomic environment and increasing competition from the likes of Paychex, Equifax EFX , Insperity, Inc. NSP and TriNet Group Inc. TNET are the other near-term headwinds. Zacks Rank & Key Picks Currently, Automatic Data Processing has a Zacks Rank #4 (Sell). Equifax with a Zacks Rank #2 (Buy) is a better-ranked stock in the sector. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQUIFAX INC (EFX): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report TRINET GROUP (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paycom Software, Inc Posts Strong Revenue and Profit Growth As small and mid-size businesses grow, they tend to offer additional HR benefits to help attract and retain talented employees. This creates challenges for HR teams and employees alike as new benefits often require the adoption of additional software products that usually do not communicate with legacy systems. Paycom Software 's(NYSE: PAYC) solution to this problem is to combine payroll processing and other HR functions into a single system. The company's cloud-based software has proven to be a hit with customers, allowing Paycom to steal market share away from legacy payroll processing companies like Paychex and Automatic Data Processing for years. Coming into Tuesday's third-quarter earnings report, Wall Street was expecting that Paycom would continue its winning ways and drive double-digit growth in its top and bottom lines. Let's put the company's actual results under a microscope to see how it performed in the period. Paycom Software Q3 : The raw numbers Data source: Paycom Software. YOY = year over year. What happened with Paycom this quarter? Recurring revenue, which continues to constitute 98% of total revenue, came in at $75.9 million for the quarter, up 40% year over year. Implementation and other revenue grew by 33% to $1.5 million. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the period were $18.2 million, up 69% when compared to the year-ago quarter. On a GAAP basis, net income was $6.2 million, or $0.10 per diluted share. That compares favorably to the $3.8 million in net income, or $0.07 per diluted share, that was reported in the same period last year. Paycom ended the quarter with $74.5 million in cash while total debt stood at $30.1 million. For comparison, management had previously guided for third-quarter revenue to be in the range of $75 million to $77 million and for adjusted EBITDA to land between $13 million and $15 million, so the reported figures represent a beat on both metrics. The company's numbers also bested Wall Street's expectations for the period. What management had to say Paycom founder and CEO Chad Richinson was quite happy with his company's quarterly performance, noting that the \""Paycom solution continues to remain top-of-mind with C-suite and HR leaders across the country.\"" He also stated, \""We continue to drive value for our clients -- with our best-in-class, single-database payroll and human capital management solution -- and also for our shareholders by repurchasing over 525,000 shares over the past five months under our stock repurchase plan.\"" Looking forward Management believes that the strong growth rates will continue into the fourth quarter. The company is guiding for total revenue to be in the range of $85 million to $87 million, the midpoint of which represents growth of 32% year over year. That's right in line with analysts' expectations. Paycom also believes that its business will continue to scale, calling for adjusted EBITDA to land between $14 million and $16 million. That represents 43% growth over the year-ago period at the midpoint. Despite posting strong quarterly results and issuing an upbeat forecast, shares of Paycom were down by 17% at 1:30 p.m. Wednesday. While it is hard to pinpoint the exact reason for the decline, it is possible that some traders felt that the company's valuation was getting out of hand. Prior to this earnings release, shares of Paycom had rallied more than 30% year to date, pushing its trailing price-to-earnings ratio above 80. Perhaps some traders went into profit-taking mode given the company's strong year-to-date performance. Regardless of the short-term price movement, Paycom's third-quarter results clearly show that its single-database offering continues to resonate with customers. As long as the company can continue to win market share and grow revenue and profits at above-average rates, then its future is likely to remain bright. A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here . Brian Feroldi has no position in any stocks mentioned.Like this article? Follow him on Twitter where he goes by the handle@Longtermmindset or connect with him onLinkedInto see more articles like this. The Motley Fool recommends Automatic Data Processing and Paycom Software. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Reports Q1 Adj. EPS $0.86 vs $0.76 Est., Sales $2.9B vs $2.92B Est."", ""Earnings Scheduled For November 2, 2016""]" ADP,2016-11-03,78.9344,78.963,78.0054,78.3762, ADP,2016-11-04,77.2362,78.7421,77.2362,78.1553,"[""Paylocity (PCTY) Q1 Loss Narrows, Revenues Rise 44% Y/Y Paylocity Holding CorporationPCTY reported better-than-expected results for the first quarter of fiscal 2017. The company incurred adjusted loss (excluding all one-time income and expenses but including stock-based compensation) of 4 cents per share, narrower than the Zacks Consensus Estimate of a loss of 7 cents. Reported loss was also lower than the year-ago quarter figure of 6 cents. On a GAAP basis, Paylocity posted a loss of 5 cents per share, narrower than the year-ago quarter loss of 7 cents. Quarter Details The company's revenues came in at $65 million, up 44.1% year over year, and beat the Zacks Consensus Estimate of $63 million. The year-over-over increase was driven by solid sales and operational implementation. The top line was also backed by a 46% surge in recurring revenues and a 7.6% increase in implementation and other revenues. The company's gross margin expanded 166 basis points (bps) year over year to 59%. A higher revenue base, along with ACA enhanced product, drove margin expansion. Paylocity reported operating loss of $2.5 million, lower than a loss of $3.4 million in the year-ago quarter. Consequently, net loss amounted to $2.6 million compared with a loss of $3.4 million in the year-ago period. Paylocity exited the quarter with cash and cash equivalents of $78 million compared with $86.5 million in the previous quarter. Receivables were $1.76 million compared with $1.68 million at the end of fourth-quarter fiscal 2016. Paylocity has no long-term debt. The company generated $1.9 million of cash flow from operational activities during the quarter. Guidance The company provided outlook for the second quarter and fiscal 2017. For the second quarter of fiscal 2017, Paylocity expects revenues in a range of $66 million to $67 million. The Zacks Consensus Estimate is pegged at $68 million. Adjusted EBITDA is projected to be in the $5-$6 million band. Non-GAAP earnings per share are expected to be within 1-3 cents. For fiscal 2017, Paylocity anticipates revenues in the range of $296 million to $298 million. The Zacks Consensus Estimate stands at $297 million. Adjusted EBITDA is projected to be in a band of $37.5 million to $39.5 million. Non-GAAP earnings per share are expected within 36-40 cents. PAYLOCITY HLDG Price and EPS Surprise PAYLOCITY HLDG Price and EPS Surprise | PAYLOCITY HLDG Quote Our Take We remain positive about Paylocity's regular investments in SaaS technology. Notably, over the past few quarters, clients moving from traditional payroll service providers to the company's SaaS-based services generated a significant portion of Paylocity's revenues. Therefore, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the company's top line over the long run. Such initiatives are also likely to have a positive impact on fiscal third-quarter results. Furthermore, higher adoption of Paylocity's ACA dashboard application, which specializes in tracking employee count, employee status and health care plan affordability, will act as a tailwind. However, competition in the payroll processing sector from new entrants as well as existing players such as Automatic Data Processing, Inc. ADP , Oracle Corporation ORCL and SAP SE SAP remains a major headwind. Currently, Paylocity has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ORACLE CORP (ORCL): Free Stock Analysis Report SAP AG ADR (SAP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYLOCITY HLDG (PCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Zacks Analyst Blog Highlights: JPMorgan, Automatic Data Processing, Hershey, Blackstone and Eni SpAThe Zacks Analyst Blog Highlights: JPMorgan, Automatic Data Processing, Hershey, Blackstone and Eni SpA For Immediate Release Chicago, IL - November 04, 2016 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include JPMorgan (NYSE: JPM - Free Report ), Automatic Data Processing (NASDAQ: ADP - Free Report ), Hershey (NYSE: HSY - Free Report ), Blackstone (NYSE: BX - Free Report ) and Eni SpA (NYSE: E - Free Report ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Thursday's Analyst Blog: Top Research Reports for Today Today's Research Daily features new research reports on 16 major stocks, including JPMorgan (NYSE:JPM JPM - Free Report ), Automatic Data Processing (NASDAQ: ADP - Free Report ), and Hershey (NYSE:JPM HSY - Free Report ). You can see the complete list of research reports issued by our analyst team today here >>> JPMorgan shares have stood out from the peer group in the year-to-date period, with the strong Q3 results adding to the stock's momentum. The Q3 outperformance reflected improved trading revenues, higher mortgage banking fees, growth in investment banking income and a rise in net interest income. The analyst likes JPMorgan's solid loan growth, synergies from retail banking performance and cost-containment efforts to help offset the continued drag from the Fed-inspired low interest rate environment. Also, the energy sector headwind seems to be easing with a rebound in oil prices . (You can read the full research report on JPMorgan here>> ) Automatic Data Processing shares have jumped following the company's better-than-expected results, with the stock now up more than 6% year-to-date. The analyst emphasizes that it holds a dominant position in the payroll processing and human capital management market, primarily due to its robust product portfolio. The company has been benefiting from the surge in demand for its offerings because of the Affordable Care Act mandate. This apart, its higher revenue per client and lower cost of operations place it in an advantageous position. Its stable business, solid free cash flow and high dividend rate also make it lucrative to investors. (You can read the full research report on Automatic Data Processing here>> ) The outlook for buy-rated Hershey has improved following the quarterly report and raised guidance. The analyst stresses that sales were up 2%, marking the second straight quarter of increases after four quarters with no growth. Its North America category improved while the International segment saw profits for the first time since fourth-quarter 2014. Although China and India remain a drag, momentum in Brazil and Mexico raises hope. (You can read the full research report on Hershey here>> ) Other noteworthy reports we are featuring today include Blackstone (NYSE:JPM BX - Free Report ) and Eni SpA (NYSE:JPM E - Free Report ). Confidential: Best Trades from Zacks Research Would you like to see a hand-picked \""all-star\"" selection of investment ideas from the man who heads up Zacks' trading and investing services? Steve Reitmeister knows when key trades are about to be triggered and which of our experts has the hottest hand. He is now prepared to pass them along to you. Today Steve is also opening up Zacks' 7 Best Stocks for October, 2016 free of charge. From 220 Zacks Rank #1 Strong Buys, this Special tabs 7 for immediate breakout. Click to access these private picks>> Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks \""Profit from the Pros\"" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros . Get the full Report on JPM - FREE Get the full Report on ADP - FREE Get the full Report on HSY - FREE Get the full Report on BX - FREE Get the full Report on E - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMORGAN CHASE (JPM): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report HERSHEY CO/THE (HSY): Free Stock Analysis Report BLACKSTONE GRP (BX): Free Stock Analysis Report ENI SPA-ADR (E): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-11-07,79.2697,79.7223,78.9087,79.4887,"[""Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for November 08, 2016 Simulations Plus, Inc. ( SLP ) will begin trading ex-dividend on November 08, 2016. A cash dividend payment of $0.05 per share is scheduled to be paid on November 17, 2016. Shareholders who purchased SLP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that SLP has paid the same dividend. At the current stock price of $8.65, the dividend yield is 2.31%. The previous trading day's last sale of SLP was $8.65, representing a -27.25% decrease from the 52 week high of $11.89 and a 28.34% increase over the 52 week low of $6.74. SLP is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SLP's current earnings per share, an indicator of a company's profitability, is $.27. Zacks Investment Research reports SLP's forecasted earnings growth in 2016 as 21.74%, compared to an industry average of 7.7%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""PEO Services Growth Propels Automatic Data Processing Earnings Higher Automatic Data Processing (NASDAQ: ADP) delivered a solid increase in first-quarter sales and profits as the payroll and human resources titan continues to enjoy strong adoption of its co-employment services. ADP results: The raw numbers Data source: ADP Q1 2017 earnings press release . YOY = year over year. What happened with ADP this quarter? Revenue rose 7% year over year to $2.9 billion, and 8% on a constant dollar basis, while worldwide new business bookings grew 6%. Employer Services, which includes ADP's human resources and outsourcing business segments, saw revenue increase 6% to $2.3 billion, with the number of employees on ADP clients' payrolls in the U.S. increasing 2.7%. Employer Services client revenue retention, adjusted to exclude the loss of a client in a-soon-to-be-sold business, was flat year over year. And segment margin increased 230 basis points compared to Q1 2016, to 29%, mostly thanks to improved operational efficiencies. PEO Services, which is ADP's co-employment division, saw revenue rise 13% to $795 million, with average worksite employees paid increasing 13% to approximately 439,000. Additionally, PEO Services' segment margin improved by 90 basis points year over year to 13.5%. All told, ADP's adjusted pre-tax earnings leaped 21% year over year to $579 million as pre-tax margin improved 230 basis points to 19.8%. And adjusted earnings per share from continuing operations -- boosted by share buybacks and a lower effective tax rate compared to Q1 2016 -- surged 26% to $0.86. CEO Carlos Rodriguez explained in a press release: Looking forward ADP reached a deal to sell its Consumer Health Spending Account (CHSA) and COBRA businesses to WageWorks for $235 million on Nov. 1, with the sale expected to close during the second quarter of fiscal 2017. In turn, ADP adjusted its fiscal 2017 sales and profit outlook to reflect the sale of these businesses, including: Full-year revenue growth of 7% to 8%, down from its prior guidance of 7% to 9%, compared to fiscal 2016 revenue of $11.7 billion Growth in adjusted EPS from continuing operations of 11% to 13%, up from previous estimates of 10% to 12%, compared with $3.26 per share in fiscal 2016. ADP also reiterated its forecast for worldwide new business bookings growth as well as its plans to repurchase $1 to $1.4 billion of its shares in fiscal 2017. \""Our business performed very well in the quarter, posting solid revenue growth and better than expected earnings growth,\"" added CFO Jan Siegmund. \""New business bookings were in line with expectations and flat against a difficult compare in the first quarter of fiscal 2016, and we continue to expect growth of 4% to 6% for fiscal 2017.\"" A secret billion-dollar stock opportunity The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early, in-the-know investors! To be one of them, just click here . Joe Tenebruso has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-11-08,79.6198,80.3664,79.4444,79.9729,"[""ADP Raises Qtr. Dividend from $0.53 to $0.57/Share"", ""ADP Raises Qtr. Dividend from $0.53 to $0.57/Share"", ""Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for November 09, 2016 Evertec, Inc. ( EVTC ) will begin trading ex-dividend on November 09, 2016. A cash dividend payment of $0.1 per share is scheduled to be paid on December 02, 2016. Shareholders who purchased EVTC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that EVTC has paid the same dividend. At the current stock price of $14.65, the dividend yield is 2.73%. The previous trading day's last sale of EVTC was $14.65, representing a -17.04% decrease from the 52 week high of $17.66 and a 30.05% increase over the 52 week low of $11.27. EVTC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EVTC's current earnings per share, an indicator of a company's profitability, is $1.08. Zacks Investment Research reports EVTC's forecasted earnings growth in 2016 as -1.36%, compared to an industry average of 6.8%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Daily Dividend Report: ADP, DHI, PRU, BAX, PRGO, LEG Automatic Data Processing ( ADP ) announced a quarterly dividend rate of $0.57 per share which compares with the previous quarterly dividend rate of $0.53 per share. This increased quarterly dividend will be distributed on January 1, 2017 to shareholders of record at December 9, 2016. D.R. Horton ( DHI ) has declared a quarterly cash dividend of $0.10 per common share, an increase of 25% compared to its most recent dividend paid. The dividend is payable on December 12, 2016 to stockholders of record on November 28, 2016. Prudential Financial ( PRU ) announced the declaration of a quarterly dividend of $0.70 per share of Common Stock, payable on December 15, 2016, to shareholders of record at the close of business on November 22, 2016. Baxter has declared a quarterly cash dividend of $0.13 per common share, payable on January 3, 2017 to shareholders of record as of December 2, 2016. The indicated annual dividend rate is $0.52 per share. Perrigo Company ( PRGO ) announced that its Board of Directors declared a quarterly dividend of $0.145 per share, payable on December 13, 2016 to shareholders of record on November 25, 2016. Leggett & Platt announced a dividend of $.34 per share for the fourth quarter. The dividend will be paid on January 13, 2017 to shareholders of record on December 15, 2016. VIDEO: Daily Dividend Report: ADP, DHI, PRU, BAX, PRGO, LEG The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Raises Qtr. Dividend from $0.53 to $0.57/Share""]" ADP,2016-11-09,77.112,80.0143,76.8408,79.752, ADP,2016-11-10,80.2264,80.6208,79.0763,80.1829, ADP,2016-11-11,79.7875,80.6671,79.3565,79.9088, ADP,2016-11-14,80.1908,81.0312,79.752,80.6208,"[""Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for November 15, 2016 Computer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on November 15, 2016. A cash dividend payment of $0.24 per share is scheduled to be paid on December 02, 2016. Shareholders who purchased CPSI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -29.41% decrease from the prior dividend payment. At the current stock price of $24.25, the dividend yield is 3.96%. The previous trading day's last sale of CPSI was $24.25, representing a -59.01% decrease from the 52 week high of $59.16 and a 32.88% increase over the 52 week low of $18.25. CPSI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CPSI's current earnings per share, an indicator of a company's profitability, is $.44. Zacks Investment Research reports CPSI's forecasted earnings growth in 2016 as -3.33%, compared to an industry average of 15%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""9 Dividend Stocks Increasing Payouts \u2014 HPE HPQ ADP WRK DHI MCHP SIX ATO BWA InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips After a surprising outcome, the U.S. presidential election was the catalyst behind the S&P 500 Index 's sharp increase this week. The best sectors were those that benefit from higher interest rates and stronger economic growth - financials and industrials. Safe-haven sectors such as consumer staples and utilities lagged. However, companies from a number of different sectors showered shareholders with higher dividends. Nine notable dividend stocks increased their payouts over the last week, including two technology hardware manufacturers, two software and services businesses, a gas utility company, and a regional theme park operator. Here are nine dividend stocks increasing payouts . The Dividend Stocks Hewlett Packard Enterprise Co (NYSE: HPE ) moved its quarterly dividend higher by one cent, increasing it by 18% from 5.5 cents per share to 6.5 cents. The provider of technology software and services will pay its higher dividend to shareholders of record as of Dec. 14 on Jan. 4. HPE shares trade ex-dividend on Dec. 12. HPE Dividend Yield: 1.1% 9 Shiny New Dividend Stocks You Can Trust in the Long Run HP Inc (NYSE: HPQ ) announced a 7% raise to its quarterly dividend, bringing its payout up from 12.4 cents per share to 13.27 cents. The manufacturer of personal computers and printers will send its higher dividends out on Jan. 4 to shareholders of record as of Dec. 14. HPQ shares will trade ex-dividend on Dec. 12. HPQ Dividend Yield: 3.3% Automatic Data Processing (NASDAQ: ADP ) increased its quarterly dividend by 8% to 57 cents per share from 53 cents. Shareholders of record as of Dec. 9 will receive dividends from the provider of software solutions and services used for payroll and other human resources functions on Jan. 1. The company's shares will go ex-dividend on Dec. 7. ADP Dividend Yield: 2.5% WestRock Co (NYSE: WRK ) raised its quarterly dividend by 7%, increasing it from 37.5 cents per share to 40 cents. The containerboard, paperboard and packaging manufacturer will pay its higher dividend to shareholders of record as of Nov. 21 on Nov. 30. WRK shares will trade ex-dividend on Nov. 17. WRK Dividend Yield: 3.3% D.R. Horton, Inc. (NYSE: DHI ) grew its quarterly dividend from 8 cents per share to 10 cents, representing a nice boost of 25%. The homebuilding company will pay out its higher dividends to shareholders of record as of Nov. 28 on Dec. 12. DHI shares are expected to trade ex-dividend on Nov. 23. DHI Dividend Yield: 1.4% Microchip Technology Inc. (NASDAQ: MCHP ) nudged up its quarterly dividend by less than 1%, raising it from 36 cents per share to 36.05 cents. Dividends will be paid from the semiconductor designer and manufacturer on Dec. 5 to shareholders of record as of Nov. 21. MCHP shares become ex-dividend on Nov. 17. MCHP Dividend Yield: 2.3% Six Flags Entertainment Corp (NYSE: SIX ) hiked its quarterly dividend by 10%, raising its payment from 58 cents per share to 64 cents. Shareholders of record as of Dec. 1 will receive dividends from the theme and water park operator on Dec. 12. SIX shares will be ex-dividend on Nov. 29. SIX Dividend Yield: 4.7% Atmos Energy Corporation (NYSE: ATO ) raised its quarterly dividend up from 42 cents per share to 45 cents, representing a 7% increase. The regulated natural gas utility will pay out its higher dividends to shareholders of record as of Nov. 28 on Dec. 12. ATO shares will trade ex-dividend on Nov. 23. ATO Dividend Yield: 2.6% Twitter Inc (TWTR) Stock Needs a LOT More Than Activist Aid BorgWarner Inc (NYSE: BWA ) increased its quarterly dividend by 8%, raising its payment by a penny to 14 cents per share from 13 cents. The manufacturer of turbochargers, transmissions components and other automotive systems will pay shareholders of record as of Dec. 1 on Dec. 15. The stock's shares trade ex-dividend on Nov. 29. BWA Dividend Yield: 1.6% As of the time of this writing, Simply Safe Dividends was long ADP. More From InvestorPlace The 7 Best Dividend Stocks to Buy for 2017 7 A-Rated Cheap Stocks to Buy for Rapid-Fire Growth The post 9 Dividend Stocks Increasing Payouts - HPE HPQ ADP WRK DHI MCHP SIX ATO BWA appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-11-15,80.8318,81.2619,80.612,81.0172,"See Which Of The Latest 13F Filers Holds Automatic Data Processing At Holdings Channel , we have reviewed the latest batch of the 26 most recent 13F filings for the 09/30/2016 reporting period, and noticed that Automatic Data Processing Inc. (Symbol: ADP) was held by 10 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look. Before we proceed, it is important to point out that 13F filings do not tell the whole story, because these funds are only required to disclose their long positions with the SEC, but are not required to disclose their short positions. A fund making a bearish bet against a stock by shorting calls, for example, might also be long some amount of stock as they trade around their overall bearish position. This long component could show up in a 13F filing and everyone might assume the fund is bullish, but this tells only part of the story because the bearish/short side of the position is not seen . Having given that caveat, we believe that looking at groups of 13F filings can be revealing, especially when comparing one holding period to another. Below, let's take a look at the change in ADP positions, for this latest batch of 13F filers: In terms of shares owned, we count 5 of the above funds having increased existing ADP positions from 06/30/2016 to 09/30/2016, with 4 having decreased their positions and 1 new position. Looking beyond these particular funds in this one batch of most recent filers, we tallied up the ADP share count in the aggregate among all of the funds which held ADP at the 09/30/2016 reporting period (out of the 3,793 we looked at in total). We then compared that number to the sum total of ADP shares those same funds held back at the 06/30/2016 period, to see how the aggregate share count held by hedge funds has moved for ADP. We found that between these two periods, funds reduced their holdings by 8,156,214 shares in the aggregate, from 336,845,518 down to 328,689,304 for a share count decline of approximately -2.42%. The overall top three funds holding ADP on 09/30/2016 were: We'll keep following the latest 13F filings by hedge fund managers and bring you interesting stories derived from a look at the aggregate information across groups of managers between filing periods. While looking at individual 13F filings can sometimes be misleading due to the long-only nature of the information, the sum total across groups of funds from one reporting period to another can be a lot more revealing and relevant, providing interesting stock ideas that merit further research, like Automatic Data Processing Inc. (Symbol: ADP). 10 S&P 500 Components Hedge Funds Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-11-16,81.0172,81.9019,80.7185,81.8319, ADP,2016-11-17,81.7283,82.8488,81.6741,82.8064, ADP,2016-11-18,82.7452,82.9975,82.4286,82.8121,"[""XLK, V, ADP, AMAT: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Technology Select Sector SPDR Fund (Symbol: XLK) where we have detected an approximate $199.2 million dollar outflow -- that's a 1.5% decrease week over week (from 273,805,897 to 269,605,897). Among the largest underlying components of XLK, in trading today Visa Inc (Symbol: V) is trading flat, Automatic Data Processing Inc. (Symbol: ADP) is off about 0.1%, and Applied Materials, Inc. (Symbol: AMAT) is relatively unchanged. For a complete list of holdings, visit the XLK Holdings page \u00bb The chart below shows the one year price performance of XLK, versus its 200 day moving average: Looking at the chart above, XLK's low point in its 52 week range is $38.03 per share, with $48.06 as the 52 week high point - that compares with a last trade of $47.44. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for November 21, 2016 DST Systems, Inc. ( DST ) will begin trading ex-dividend on November 21, 2016. A cash dividend payment of $0.33 per share is scheduled to be paid on December 15, 2016. Shareholders who purchased DST prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DST has paid the same dividend. At the current stock price of $103.16, the dividend yield is 1.28%. The previous trading day's last sale of DST was $103.16, representing a -19.82% decrease from the 52 week high of $128.66 and a 9.14% increase over the 52 week low of $94.52. DST is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DST's current earnings per share, an indicator of a company's profitability, is $13.5. Zacks Investment Research reports DST's forecasted earnings growth in 2016 as -1.6%, compared to an industry average of 5.2%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Intuit (INTU) Q1 Loss Lower than Expected, Revenues Beat Shares of Intuit Inc.INTU went up more than 2% yesterday after the company reported encouraging first quarter of fiscal 2017 results. Also, the company provided an encouraging second-quarter and fiscal 2017 guidance, which positively impacted the share price. The company reported adjusted loss (including stock-based compensation but excluding amortization and other one-time items) from continuing operations of 11 cents per share, which fared better than the Zacks Consensus Estimate of a loss of 17 cents per share. On a GAAP basis, loss from continuing operations was 12 cents per share compared with the year-ago loss of 11 cents per share. Quarter in Detail This tax-preparation related software maker reported revenues of $778 million, which came above management's guided range of $740 million to $760 million and surpassed the Zacks Consensus Estimate of $753 million. On a year-over-year basis too, revenues were up 9.1% mainly on the back of higher demand resulting from the U.S. tax season and better-than-expected growth in QuickBooks Online. Services and Other revenues climbed nearly 8.8% to $481 million while product revenues were up 9.6% to $297 million. Segment-wise, Small Business Group recorded 11% year-over-year growth driven mainly by strong customer acquisition, along with continuous subscriber growth for QuickBooks Online and QuickBooks Self-Employed. The company recorded an incresae of 41% QuickBooks Online subscribers for the quarter, bringing the total global count to 1,638,000. QuickBooks Self-Employed subscribers totaled 110,000 during the quarter. On the other hand, revenues from the Small Business online ecosystem increased 26% on a year-over-year basis, primarily due to online customer acquisition. Revenues from Consumer Tax during the quarter came in at $60 million. ProConnect professional tax revenues were roughly $112 million during the quarter. Coming to operational metrics, Intuit reported adjusted gross profit of $598 million, up 8.1% year over year, mainly backed by higher revenues. However, gross margin contracted 70 basis points (bps) to 76.9%. The company reported a 14.1% year-over-year increase in adjusted operating expenses. Also, as a percentage of revenues, adjusted operating expenses expanded 370 bps to 84.2%, primarily due to higher cost of sales. This in turn impacted operating results. The company posted adjusted operating loss of $57 million compared with an adjusted loss of $21 million reported in the year-ago quarter. Intuit posted adjusted net loss from continuing operations of $28.1 million compared with first-quarter fiscal 2016 loss of $25.2 million. Balance Sheet and Cash Flows Intuit exited fiscal first quarter with cash and investments of $605 million compared with $1.080 billion in the previous quarter. Long-term debt was $475 million at the quarter end. Intuit used $205 million of cash from operational activities during quarter. During the same time frame, the company repurchased shares worth $1.8 billion and paid dividends worth $89 million. For the second quarter of fiscal 2017, the company received an authorization to pay a dividend of 34 cents per share. Outlook Intuit reaffirmed its fiscal 2017 guidance and issued outlook for the fiscal second quarter. The company anticipates revenues of $5 billion to $5.1 billion in fiscal 2017, up 7% to 9% year over year. The Zacks Consensus Estimate is pegged at $5.046 billion. Non-GAAP operating income is expected in the range of $1.675 billion to $1.725 billion, representing growth of 8%-11%. Non-GAAP earnings per share are projected between $4.30 and $4.40 (an increase of 14-16%). The Zacks Consensus Estimate currently stands at $3.55. For the second quarter, the company anticipates revenues in the range of $1.045 billion to $1.065 billion. The Zacks Consensus Estimate is pegged at $1.002 billion. It expects non-GAAP operating income to be in the range of $142 million to $152 million. While the company expects to report non-GAAP earnings in the range of 33 cent to 36 cents per share in the second quarter, the Zacks Consensus Estimate stands at 14 cents. INTUIT INC Price, Consensus and EPS Surprise INTUIT INC Price, Consensus and EPS Surprise | INTUIT INC Quote Our Take Intuit reported better-than-expected fiscal first-quarter 2016 results. Its performance also improved on a year-over-year basis. Though the company posted a loss in the quarter, it fared better than Zacks Consensus Estimate. Also, revenues surpassed the same. The company also issued an encouraging guidance for second quarter and fiscal 2017. We are positive about Intuit's growing SMB exposure and believe that its strategic acquisitions will boost the segment. Increased adoption of its cloud-based services and products is another positive. Intuit has also restructured its business to focus on the QuickBooks services. It expects to continue investing in this portfolio, which is likely to hurt its near-term profitability. Moreover, rising competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit has a Zacks Rank #3 (Hold). A better-ranked stock in the technology space is Seagate Technology plc STX , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here Seagate has a long term expected earnings per share growth rate of 4.05%. Confidential from Zacks Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SEAGATE TECH (STX): Free Stock Analysis Report PAYCOM SOFTWARE (PAYC): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-11-21,82.8842,83.8921,82.8064,83.8674, ADP,2016-11-22,83.9197,84.7452,83.6475,84.5696, ADP,2016-11-23,84.7452,85.4838,84.6377,84.7964,"[""Stocks Hitting 52-Week Highs"", ""Stocks Hitting 52-Week Highs"", ""3 Big Stock Charts for Wednesday: Best Buy Co Inc (BBY), Darden Restaurants, Inc. (DRI) and Automatic Data Processing (ADP) InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips We're heading into some lighter trading days with the Thanksgiving holiday and the official opening of the Holiday Shopping season. Today's Three Big Stock Charts looks at a few stocks that have gone parabolic in the month of November and asks \""can these stocks go higher?\"" Three stocks that are on our \""Rocket List\"" are Best Buy Co Inc (NYSE: BBY ), Darden Restaurants, Inc. (NYSE: DRI ) and Automatic Data Processing (NASDAQ: ADP ), as each of these companies have taken the recent rally to the next level by going parabolic in their ascent. Best Buy Co Inc (BBY) Best Buy is a perennial seasonal play around the holidays based on the obvious. This year though, the company hit the Street with better than expected earnings in early November, which put the shorts and analysts on their heels. The company had a short interest ratio of 10.1 ahead of the earnings announcement, which means that the positive results forced a short squeeze to help the 10%-plus rally. Despite the breakneck speed, the charts suggest there's more to come. The Best Investments for 2017 The recent climb in Best Buy stock has taken it outside of its top Bollinger Band, meaning that the stock is likely to continue to a volatile move higher. In addition, the stock has broken above the $45 level. This price has been chart resistance since 2010. This break will gain the attention of the long-term traders that who want to add to Best Buy as it threatens to make its way to new highs at $60. Darden Restaurants, Inc. (DRI) We're heading out to eat after the election is over, or at least that's what the reaction of Darden and other restaurant stocks suggests. Darden shares have enjoyed a 15% rally after the election as consumer discretionary stocks have benefited from the conclusion of the election. The bump in price is also the result of a short covering rally, as there were more than seven times the average daily volume of Darden stock tied up in bearish bets. These bears had to run to the market to cover their losing bets, but there's more coming. 60% of the analysts covering the stock have it ranked a hold or lower. This as the stock is tearing up the market and making new all-time highs. We're expecting to see the parabolic move attract the attention of analysts, who will begin upgrading shares and driving more buying. The overbought condition created by this rally may present a short-term pullback, but this will quickly be reversed as investors on the sidelines will step in as buyers. Automatic Data Processing (ADP) Employment data has been on the rise and the payroll processing companies like ADP are benefiting. The company provided a positive earnings report and outlook on Nov. 2 which started the 11% rally that now has shares moving back to new all-time highs. ADP has been on our \""Target Buy\"" list for more than two years based on the fundamental strength having to do with the employment market's improvements. In addition, the chart has been one of the stronger in the Nasdaq 100. A relative strength leader, ADP shares have now embarked on a relatively volatile rally. We say \""relatively\"" because the daily moves have been careful to not breach the upper Bollinger Band, which could trigger a potential slowdown in the rally. This is a positive for the health of this fast-moving rally. Is the IShares Nasdaq Biotechnology Index (ETF) (IBB) Verging on a Breakout? ADP shares continue to maintain their long-term bullish trend that has acted as support for the shares. Intermediate-term trends remain strong as well. The 50-day moving average for ADP just recently moved into an ascending pattern. This suggests that the stock's three-to-six-month outlook has improved based on the trend and distribution of the daily price changes. We also love the fact that only 20% of the analysts tracing this stock have it ranked a buy. With ADP breaking to new highs, the shares are certain to garner upgrades from Wall Street, which means more buyers in the mix for even more technical and price strength to come. As of this writing, Johnson Research Group did not hold a position in any of the aforementioned securities. More From InvestorPlace The Top 10 Mutual Funds to Buy for 2017 The 7 Best Tech Stocks in the World The post 3 Big Stock Charts for Wednesday: Best Buy Co Inc (BBY), Darden Restaurants, Inc. (DRI) and Automatic Data Processing (ADP) appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Hitting 52-Week Highs""]" ADP,2016-11-25,84.8251,85.2383,84.6662,85.0362,"[""10 Stocks That Rallied Three Days On Increasing Volume"", ""10 Stocks That Rallied Three Days On Increasing Volume"", ""Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for November 28, 2016 Ebix, Inc. ( EBIX ) will begin trading ex-dividend on November 28, 2016. A cash dividend payment of $0.075 per share is scheduled to be paid on December 15, 2016. Shareholders who purchased EBIX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 13th quarter that EBIX has paid the same dividend. At the current stock price of $61.9, the dividend yield is .48%. The previous trading day's last sale of EBIX was $61.9, representing a -1.75% decrease from the 52 week high of $63 and a 118.88% increase over the 52 week low of $28.28. EBIX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EBIX's current earnings per share, an indicator of a company's profitability, is $2.76. Zacks Investment Research reports EBIX's forecasted earnings growth in 2016 as 24.12%, compared to an industry average of -3.4%. For more information on the declaration, record and payment dates, visit the EBIX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EBIX through an Exchange Traded Fund [ETF]? The following ETF(s) have EBIX as a top-10 holding: PowerShares Dynamic Software ( PSJ ). The top-performing ETF of this group is PSJ with an increase of 10.87% over the last 100 days. It also has the highest percent weighting of EBIX at 2.9%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""10 Stocks That Rallied Three Days On Increasing Volume""]" ADP,2016-11-28,84.7797,85.0529,84.2255,84.7283,"[""10 Stocks With Highest Close In Three Weeks"", ""10 Stocks With Highest Close In Three Weeks"", ""Jobs, OPEC, Other Econ Data to Map Way Forward Monday, November 28, 2016 Post-Thanksgiving Weekend but ahead of the bigger holiday slowdown, one can take a unique perspective both looking forward and back regarding our current economy. A Trump rally looks to be slowing entering into its fourth week, but we see things like Black Friday numbers from last week and non-farm payroll results at the end of this week paving the way forward, near-term. First, however, with a big OPEC meeting starting today and wrapping on Wednesday, oil futures had been climbing on expectations that an agreement to cut global output from the world's largest oil producers would be reached. However, we now see the Saudis claiming that oil prices may balance \""with or without (supply) cuts,\"" which may represent an obstacle in the way of an agreement. Should a production freeze or reduction fail to materialize yet again, we expect the WTI and Brent indices to fall back from the upper-$40s, where they'd been residing since the hopefulness first arose. Black Friday sales were again a big hit for retailers over the weekend, but the complexion is changing: online sales reached unprecedented levels this year, hitting a record $3.34 billion in e-commerce sales - over $1 billion of which was purchased via mobile devices, also a new record, according to online tracker TechCrunch. This not only represents strength for online retailers like Amazon AMZN , but illustrates the success in e-commerce build-outs from big-box companies like Walmart WMT and Macy's M . Disney DIS once again took the box office crown over the weekend with the debut of its animated feature Moana , which brought in $81 million over the five-day weekend. While not exactly Frozen numbers, shareholders of Disney should be pleased with the results - especially considering the next installment of the Star Wars franchise, Rogue One , is coming to theaters December 16th. On Wednesday this week, we get the ADP ADP private sector jobs tally, which as always precedes Friday's Bureau of Labor Statistics (BLS) non-farm payroll report. October saw 161K new jobs, which was the lowest amount since May of this year; consensus at the start of this week is 180K, which represents equilibrium in jobs gains over 2016 as a whole. The unemployment rate is expected to be at or just below 5%, which has also been constant. Home prices, consumer income and personal spending reads are also expected this week. Now that Q3 earnings season is in our rearview mirror, these new economic data points will inform market participants beyond Trump's surprise election victory. Mark Vickery Senior Editor Click here to follow this author>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DISNEY WALT (DIS): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""10 Double-Whammy Dividend Stocks to Buy in 2017 InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips As a long-term dividend growth investor, I know that timing the market is a generally terrible idea. But investing in quality income growers with strong growth catalysts is always a good idea. In fact, many of the holdings in our Top 20 Dividend Stocks portfolio have solid long-term growth outlooks. Source: Fabian Blank via Unsplash These dividend stocks aren't just income-paying investments for the New Year, but they're actually growing at an excellent clip, with each boasting multiple catalysts that are sure to drive share prices, and thus yields, further into the stratosphere. Let's take a look at 10 great long-term dividend growth stocks that have solid Dividend Safety Scores and could be good fits for building a diversified income portfolio . 7 Stocks to Buy for the Santa Claus Rally These stocks not only pay dividends you can take to the bank, but they're also setting up to outperform the broader market in 2017 and beyond. Dividend Stocks to Buy: NetEase (NTES) Source: BigWorld Technology via YouTube (Modified) Dividend Yield: 1.3% 2017 Earnings Growth: 18.1% NetEase Inc (ADR) (NASDAQ: NTES ) is one of China's most popular internet portals, operating in several rapidly growing sectors, such as online gaming, email and e-commerce. Considering the size of China's population, and the decades long growth runway represented by hundreds of millions in the middle class going online and participating in its industry leading products, the growth case for NetEase is obvious. Yet, NTES stock trades at an undervalued 14 times forward earnings, less than half that of its industry peers. With the company reporting 38% sales growth in its most recent quarter (higher than its 10-year sales growth of 30%), now could be a great time to buy into this classic \""Growth At A Reasonable Price\"" or GARP dividend growth stock. This is especially true given management's strong focus on investing in R&D to develop more games in house, which results in higher margins than when just licensing games from partners such as Activision Blizzard, Inc. (NASDAQ: ATVI ). And speaking of dividends, while the 1.3% yield isn't exactly something to get excited about, the pace of dividend growth certainly is. While NetEase's dividend history is still young, (it started paying a dividend in 2013), over the past three years the payout has grown at 33.2% CAGR. Better yet, with a free cash flow, or FCF payout ratio of just 19%, NetEase's dividend is not just safe, it's growing aggressively. And that growth should last for many years to come. Dividend Stocks to Buy: Bank of America (BAC) Source: Mike Mozart via Flickr Dividend Yield: 1.5% 2017 Earnings Growth: 8.2% Bank of America Corp (NYSE: BAC ) is the third largest U.S. megabank, and was nearly destroyed along with Citigroup Inc (NYSE: C ) by terrible risk management during the financial crisis. Under the inspired leadership of new CEO Brian Moynihan, however, BofA has done a complete 180. It's sold off risky and underperforming divisions, cutting costs by billions per year in the process. Better yet, along with this conservative corporate culture, comes a fortress like balance sheet, which has so impressed banking regulators that they have signed off on Bank of America returning massive amounts of cash to shareholders. This includes a dividend that has grown 650% in the last two years, and is likely to continue soaring in the future. That's due to three likely growth catalysts. First, management continues to work hard to make the bank as lean as possible. In fact, Bank of America expects to cut costs by another $3 billion over the next two years. Second, Bank of America is better situated than any other bank when it comes to profiting from rising interest rates. For example, each 1% rates rise will mean $5.3 billion in additional net income, representing more than a 30% increase over the bank's trailing 12-month profit. And thanks to President-elect Donald Trump's call for fiscal stimulus in the form of massive tax cuts and up to $1 trillion in infrastructure spending, interest rates have already soared by over 50 basis points since Nov. 8 (learn more about Trump's impact on dividend stocks here ). This is because the markets are pricing in the likely higher economic growth, as well as higher inflation such stimulus will likely cause. This, along with the Federal Reserve's planned three rate hikes through the end of 2017, should really help turbocharge Bank of America's profits. Finally, the potential for a repeal of certain onerous aspects to the Dodd-Frank banking regulations passed after the financial crisis has the potential to help Bank of America's bottom line even more. Now, keep in mind that this doesn't mean that management is suddenly going to return to the highly levered, casino gambling days of the past. 7 Consumer Stocks to Build Your Portfolio Around Mr. Moynihan's dedication to solid, safe, core banking will see to that. However, the combined tailwinds of rising rates, lower regulatory costs, and a stronger economy (which will help increase loan demand, and keep default rates low), could make 2017 a banner year for most banks, but Bank Of America in particular. Dividend Stocks to Buy: Starbucks (SBUX) Source: Javier Gonz\u00e1lez Via Flickr Dividend Yield: 1.7% 2017 Earnings Growth: 15.4% Starbucks Corporation (NASDAQ: SBUX ) is one of those blue-chip dividend growers that continues to fire on all cylinders, and yet the market has sent shares down about 9% over the past year. That's despite the company reporting a record breaking year in sales, earnings and margins, including FCF/share that soared 30%. This allowed the company to reward shareholders with a second straight year of 25% dividend growth, yet still lowering its forward FCF payout ratio to a highly secure 47%. And thanks to founder and CEO Howard Schultz's visionary growth plans for the company, long-term dividend growth investors can likely expect many more years of similarly excellent results. In other words, Starbucks is hands down one of the best dividend growth stocks , and a true \""buy and hold\"" stock. The keys to Starbucks' future growth stem from three things. First, management continues to focus strongly on innovation, both in terms of incorporating technology such as its massively successful loyalty rewards app, as well as partnerships with other tech innovators such as Uber . Second, the company continues to offer new, and higher-end concepts, such as Teavana and its new Roastery upscale stores, which serve as laboratories for new product ideas that can be rolled out across its more than 25,000 (and growing at around 10% a year) locations in 75 nations across the globe. This combination of new products, and better customer service (via its app that allows customers to order online and pick up at the store, avoiding lines entirely), helps to improve customer satisfaction and drive some of the highest same store sales, or comps, growth in the industry. And Starbucks is expanding both its revenues and margins at double-digit rates through a combination of international expansion (doubling its China store count to 5,000 over the next five years) and via growth in its channel development segment. This is Starbucks' highly successful and fast growing push into sales of K-cups and premium coffees via grocery channels, and the gross margins are double that of its stores. Combined with a stronger emphasis on franchising future store openings, (which is a lower capital costing, and higher FCF margin business model), Starbucks should be able to continue boosting its FCF margin over time. Add to this an accelerating rate of buybacks (due to the stock's undervaluation), and you have the perfect formula for continued FCF/share growth that should allow exceptional dividend growth for decades to come. With shares now offering the highest dividend yield in the company's history, today could be a great time to consider a position in this dominant coffee shop blue chip. Dividend Stocks to Buy: Home Depot (HD) Source: Mike Mozart via Flickr (Modified) Dividend Yield: 2.1% 2017 Earnings Growth: 13.1% Home Depot Inc (NYSE: HD ) is another name that everyone knows, and that has made countless long-term investors massively rich (see my thesis here ). But what many don't realize is that Home Depot has all the makings of a dividend growth champion, and true \""buy and hold forever\"" core holding. The secret to the company's ongoing success stems from three things. First, it has focused on building massive brand equity by becoming the one stop shop for all of a consumer's home improvement needs, including best in industry customer service and educational outreach. This has allowed it to develop a wide moat with commensurate pricing power. Thanks to its enormous economies of scale, however, and a corporate culture obsessed with innovation and efficiency, the company's massive distribution network has been honed to an ultra-efficient edge allowing for incredible returns on invested capital (while still passing on savings to consumers to maintain market share and loyalty) of 19% over the past five years. The second growth catalyst is Home Depot's huge potential tailwinds from two big factors. First the U.S. housing market, though having turned a corner after the financial crisis, is still far from recovering, especially when it comes to new home construction . In other words, due to the shock of the Great Recession, many young people who would be starting households and buying new homes (thus increasing demand for new construction) are choosing to rent. This has led to rent prices soaring far faster than inflation and - if the economy continues to recover in 2017 and 2018 - should eventually reverse itself as more prosperous millennials end up eventually starting new households and buying homes. In other words, the housing recovery is still early and represents a megatrend that could spur strong Home Depot sales growth for years to come. That's especially true since the company recently purchased Interline in order to break into the $50 billion professional construction market, of which is has less than 5% market share. Combined these two major factors (massive, and improving pricing power driving ever higher margins and a recovery in housing), with the company's impressive capital return program, and you have the makings of continued market crushing total returns. Specifically, Home Depot has been one of the most aggressive share count reducers in the market, buying back 6.1% of shares annually for the past five years. This has helped to drive FCF/share growth of 22.8% CAGR since the great recession. Better yet, management has shown itself committed to converting that FCF/share growth into some of the best dividend growth of any U.S. company. For example, Home Depot's 20-year dividend growth has been an astonishing 22.6% CAGR. In recent years this has actually accelerated, with one- and three-year payout growth of 25.5% and 26.7%, respectively. 10 Stocks the Smart Money Likes Right Now And with a FCF payout ratio over the past year in the mid-30% range, Home Depot still has a long dividend growth runway to help drive impressive income growth and market thumping total returns for many years to come. Dividend Stocks to Buy: ADP (ADP) Source: Tim Gouw Via Unsplash Dividend Yield: 2.4% 2017 Earnings Growth: 11.2% With more than 650,000 clients, Automatic Data Processing (NASDAQ: ADP ) is America's largest payroll servicer and benefits administrator. In other words, ADP is the largest, and often the most cost effective way of outsourcing many of a company's HR needs. And since Automatic Data earns net interest income on the short-term cash it hold before paying out wages to a client's employees (the equivalent of an insurance company's float), ADP stands to benefit very handsomely from rising interest rates. That's because the business model requires it to invest its float into risk free bonds, ie U.S. Treasury bonds. As the yields on those bonds rise over time, ADP's growing client base (due to a stronger job market) will mean exponentially more net interest income that will fall directly to the bottom line. That in turn will mean strong growth in free cash flow for this dividend aristocrat, which combined with the company's historic net buyback rate of 1.9%, should mean continued 7% to 8% dividend growth. Which should convert to long-term total returns of 9.5% to 10.5% and risk-adjusted total returns of about 12.7% CAGR. Given that the market's historical total return has been 9.1% CAGR since 1871, you can see that ADP represents a low-risk, blue-chip name that can still deliver very solid income growth and superior returns over time - especially in a rising interest rate environment. Dividend Stocks to Buy: Prudential (PRU) Dividend Yield: 2.8% 2017 Earnings Growth: 14.7% Prudential Financial Inc (NYSE: PRU ) is America's second largest diversified insurance provider, with a presence in numerous countries. However, the majority of its sales come from offering annuities, life insurance, retirement planning and asset management services in the U.S. and Japan. Like all insurance companies, Prudential invests its float (premiums paid upfront but not yet paid out as claims) into low-risk investments. In a low-rate environment such as we've had since the financial crisis this has resulted in a challenging growth environment. Management has managed to do a good job growing through expanding its non-insurance product lines and disciplined acquisitions. In fact, sales have doubled since the financial crisis, and the gross margin is up 150%. Prudential has been a solid dividend grower, with 12.1% CAGR payout growth over the past decade. The most recent increase of 12.4%, along with a low payout ratio of 26% indicates that there is plenty of dividend growth runway left, especially thanks to two beneficial potential tailwinds. First, rising interest rates, again a result of the Fed's tightening policy and the likely Trump stimulus, would be immensely accretive to per-share earnings. Second, Trump's transition team has indicated that it wants to roll back certain Dodd-Frank provisions, including those that specify which non-banking companies are considered Strategically Important Financial Institutions, or SIFIs. The 10 Best S&P 500 Blue-Chip Dividend Stocks to Buy Now Such regulatory changes, while not necessary to make a strong bullish case for Prudential, would certainly help boost overall profitability, due to lower minimum capital requirements that currently act as a competitive disadvantage for the company. Combined with management's slow and steady dividend buyback policy, a gradual shift into higher growth international markets, Prudential should have no problem delivering double digit dividend growth for many years to come. That could result in strong 12% to 15% total returns, and perhaps much higher in 2017 and 2018 as the market may start to give shares a premium to tangible book value, rather than the current 25% discount. Dividend Stocks to Buy: Shell Midstream Partners (SHLX) Source: Mike Mozart via Flickr Dividend Yield: 3.9% 2017 Earnings Growth: 22.2% Shell Midstream Partners LP (NYSE: SHLX ) is one of my favorite midstream Master Limited Partnerships, or MLPs . The specific investment opportunity is twofold. Shell Midstream's business model is cash rich, and largely independent of oil prices . Royal Dutch Shellplc (ADR) (NYSE: RDS.A ), which serves as sponsor, general partner and management for the MLP, sells it pipelines it needs to operate its business. These assets come with long-term, fixed-fee contracts that ensure consistent and safe cash flow, backed by the third largest publicly traded oil company on earth. The cash flow is used to provide a fast growing distribution (tax deferred form of dividend), which is among the fastest growing in the industry; 31.5% CAGR since its IPO in early 2015 including the most recent quarterly payout hike of 28.8%. Shell Midstream is one of those great, cash rich businesses with a long growth runway, but also comes with a potential extra capital gain kicker. In essence, thanks to surprise dividend cuts from pipeline operators such as Kinder MorganInc (NYSE: KMI ), whose massive debt loads resulted in it having to divert distributable cash flow (what funds the payout), away from dividends and towards debt repayment, midstream MLPs usually trade along with oil prices. Now the actual distribution safety isn't affected by energy prices, and for MLPs like Shell Midstream with strong balance sheets, there is little risk to the distribution. However, should oil prices begin their inevitable, if highly unpredictable recovery in 2017 or 2018, then Shell Midstream's unit price is likely to move higher. Even if it doesn't, its sponsor's $3 billion in North America midstream infrastructure is more than enough growth runway to keep the highly secure payout (cash flow covers the distribution 1.4 fold, and anything above 1.1 is considered safe) growing at a quick clip. Which makes the current unit price, with its near-4% yield, and a payout that's likely to continue growing at 25% or so through 2020, one of the more interesting dividend growth opportunities available today, courtesy of the worst oil crash in more than 50 years. Dividend Stocks to Buy: Phillips 66 Partners (PSXP) Source: Mike Mozart via Flickr (Modified) Dividend Yield: 4.7% 2017 Earnings Growth: 38.3% Like Shell Midstream Partners, Phillip 66 Partners LP (NYSE: PSXP ) is a fast-growing midstream MLP that has been hammered by the collapse of energy prices, despite it having little effect on its cash flow. With Phillips 66 (NYSE: PSX ), America's largest independent refiner and one of Warren Buffett's largest dividend stocks , acting as its general partner and sponsor, the MLP has meaningful growth runway ahead of it. That's because Phillips 66 is making a giant push into diversifying its operations, with $20 billion in midstream investment planned over the next few years. Thanks to the symbiotic relationship with its MLP, Phillips 66 can offset these investment costs by selling, or dropping down, these assets to Phillips 66 Partners. Each sale comes with long-term, fixed fee contracts with minimum volume commitments, guaranteeing the MLP excellent cash flow predictability and a highly secure payout. And since Phillips 66 owns a majority position in Phillips 66 Partners, as well as the lucrative incentive distribution rights, it gets to keep a large cut of that cash flow, whose upfront investment cost is raised from debt and equity investors. Meanwhile the massive growth in cash rich assets means that the MLP's distributable cash flow, or DCF ( MLP version of free cash flow) is growing like a weed, up 58% year-over-year in the most recent quarter. With a forward yield of almost 5%, and a growth runway that will likely take a decade to journey down, even if oil prices don't recover investors in Phillips 66 Partners are likely to do phenomenally well. However, since oil prices of $46 per barrel are unsustainable in the long-term, when energy prices do finally recover, likely in 2017 or 2018, Phillips 66 Partners is likely to get a major unit price boost as well. The Top 10 Mutual Funds to Buy for 2017 Which makes this high-yield hyper growth (last payout increase was 24% YOY) midstream MLP, like Shell Midstream Partners, one of the potentially more appealing long-term income growth opportunities available in today's market. Dividend Stocks to Buy: Brookfield Infrastructure Partners (BIP) Source: Mike Wilson Via Unsplash Dividend Yield: 4.8% 2017 Earnings Growth: 56.3% Brookfield Infrastructure Partners L.P. (NYSE: BIP ) is the ultimate in diversified global utilities, owning 40 wide moat cash producing assets spanning six continents, including the following: 17,000 km of natural gas pipelines; 13,900 km of electrical transmission lines in North and South America; 2.6 million electrical and gas connections in the U.K.; 33 ports in North America, the U.K. and Europe; 7,000 cell towers, 5,000 km of fiber optic lines in France; 16 toll roads in South America and India; the largest coal port in Australia; and Australian and South America railroads. The LP's growth model is simple. Its sponsor, manager and general partner Brookfield Asset Management Inc (NYSE: BAM ), which has over 115 years of experience and $250 billion in assets under management, finds it attractively priced global utility, or infrastructure assets to invest in, and BIP raises debt and equity capital from investors to take a stake in the deals. In just the last quarter BIP closed on three deals totaling $660 million including two dozen Australian ports, Peruvian toll roads and North American gas storage assets. Management expects these investments to generate about 9% annual cash yields, making them highly accretive to adjusted funds from operations per share (what funds the fast growing distribution), which is up 10.5% year-to-date. Better yet, with another $1.4 billion in new deals currently in the process of closing, and $2.3 billion in organic (existing asset) expansion projects planned, Brookfield Infrastructure Partners is well on its way to hitting its management's long-term payout growth target of 7% per year, and generating annual total returns of 12% to 15%. And thanks to its low AFFO payout ratio of just 71.6% YTD, and globally diversified cash flow that are 90% regulated, or supported by long-term contracts, investors can rest assured that Brookfield Infrastructure's generous payout is reasonably secure. Dividend Stocks to Buy: 8Point3 (CAFD) Source: Asia Chang Via Unsplash Dividend Yield: 6.3% Long-Term Earnings Growth: 30% 8Point3 Energy Partners LP (NASDAQ: CAFD ) is a yieldCo (a pass-through entity structured like a REIT, BDC or MLP for tax reasons, that must pay out almost all its cash flow to investors as dividends) sponsored by First Solar, Inc. (NASDAQ: FSLR ) and SunPower Corporation (NASDAQ: SPWR ). These are the two largest, and more importantly, among the few consistently profitable U.S. solar companies. Like an MLP, both companies finance large, utility scale solar projects, then once they have secured a 20-to-30 year power purchase agreement, or PPA, with some of the largest utilities in America, sell that project to 8Point3 to recoup the construction costs. In exchange for raising the debt and equity capital to purchase these projects 8Point3 gains cash flow that's practically guaranteed for decades. This is where the partnership's cash available for distribution, or CAFD, comes from, and is the equivalent to a REIT's AFFO, an MLP's DCF, or a BDC's NII. 8Point3's goal is to grow its distribution by 12% to 15% per year, in the form of quarterly 3.5% payout increases. There are two major bullish catalysts that make 8Point3 Energy Partners (named after how long it takes sunlight to reach earth) one of the more intriguing potential long-term utility investments. First, thanks to the recent increase in long-term interest rates, as well as the election of a President that many fear will be hostile to the solar industry (possibly an overblown concern given that congress recently extended solar tax credits through 2019), this pure play solar utility has sold off over 20% since Aug. 1 and could be undervalued. Second, the rise of solar power, both in the U.S. and internationally, (where First Solar and SunPower also operate), is one of the largest megatrends of the 21st century. This could provide a growth runway that is, for all intents and purposes, unlimited. For example, currently 8Point3 Energy Partners has 637 MW of solar power generating capacity, with another 1,132 MW under construction which the yieldCo has the right of first offer from its sponsors. In other words, 8Point3, which has already increased its assets by 50% since IPO-ing, can potentially double its production capacity, and thus its CAFD over just the next two years. Even without acquiring any new assets, 8Point3 Partners has sufficient excess CAFD coverage (a distribution coverage ratio of 1.13) that it could effectively continue raising its distribution every quarter as planned through the end of 2017. 5 Retail Stocks That May Not Be Around Next Christmas Of course in reality, the yieldCo, with its $450 million in available liquidity, is likely to continue growing at a sturdy pace. Especially given that First Solar and SunPower are working on 13.7 GW of solar projects (enough to grow its production capacity by 21.5 fold) that could theoretically be dropped down to the yieldCo. This is why 8Point3 Energy Partners could have a bright growth future. As of this writing, Simply Safe Dividends was long ADP stock. The post 10 Double-Whammy Dividend Stocks to Buy in 2017 appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""10 Stocks With Highest Close In Three Weeks""]" ADP,2016-11-29,84.8498,85.4316,84.604,85.1387,"[""3 Biotechs With Save-the-Date Catalysts on Tap Bluebird's immuno-oncology platform focuses on a cell-surface protein (BCMA) expressed in malignant and healthy plasma, but absent in other healthy tissues. Image source: Bluebird. Major blockbuster opportunity for ACADIA Pharmaceuticals Another stock with a save-the-date catalyst rapidly approaching is ACADIA Pharmaceuticals. The biotech has the first and only medication approved for the treatment of Parkinson's disease psychosis. Approved last April, the drug, Nuplazid, exploded out of the launch gate with sales in the third quarter at $5.3 million, almost doubling analysts' expectations for a measly $2.9 million. The coming catalyst for ACADIA Pharmaceuticals' investors is top-line results for Nuplazid's phase 2 study for Alzheimer's disease psychosis (ADP). The company said it should release that data by the end of 2016, and if Nuplazid succeeds with ADP, the drug's new opportunity could be off the charts. Peak sales estimates for Nuplazid reach up to $3 billion, based on its prospects in PDP, but while around 130,000 people in the U.S. suffer from Parkinson's disease psychosis (PDP), approximately 5.3 million have Alzheimer's, and 25% to 50% of them have the related psychosis. The downside is that while Nuplazid works in a unique way, its effectiveness isn't as high as some had hoped, and it carries a black box warning for increased risk of mortality. But as anyone who has a loved one with either Parkinson's or Alzheimer's knows, hallucinations and delusions associated with these diseases are disabling, and they're terrifically disturbing to both patients and caregivers. They are also a primary reason these patients are placed in nursing homes, according to physicians interviewed in a study by Decision Resources Group (DRG). According to the DRG report, interviewed physicians indicated Nuplazid is badly needed, and they expect it to become a first-line treatment for PDP, and even ADP, assuming it nets approval in that indication. Nuplazid is also being tested in schizophrenia, which affects roughly 1% of the U.S. population, and it's also slated for a phase 3 study in Alzheimer's disease agitation, which should begin soon. Investors can expect that even if the results are subpar in the upcoming catalyst, the drug could well see a huge and expanding addressable market in other indications. If so, patient investors will have a big winner on their hands. No gain, without some risk of pain Since none of us has a crystal ball, no one knows which way these high-risk stocks are headed next. But because each has multiple reasons for recovery and outperformance going forward, a short-term market reaction is nothing to fear and shouldn't prompt you to sell in a panic. Another, often better, choice is to use the market's knee-jerk reaction as an opportunity to take a small position at a better price point. But be aware that these stocks are not for the timid. Be sure to check your guts at the door before you make a decision, do your own homework, and stay tuned. 10 stocks we like better than ACADIA Pharmaceuticals When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and ACADIA Pharmaceuticals wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of November 7, 2016 Cheryl Swanson owns shares of Celgene. The Motley Fool owns shares of and recommends Celgene. The Motley Fool recommends Bluebird Bio and Juno Therapeutics. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for November 30, 2016 Open Text Corporation ( OTEX ) will begin trading ex-dividend on November 30, 2016. A cash dividend payment of $0.23 per share is scheduled to be paid on December 22, 2016. Shareholders who purchased OTEX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that OTEX has paid the same dividend. At the current stock price of $62.67, the dividend yield is 1.47%. The previous trading day's last sale of OTEX was $62.67, representing a -6.24% decrease from the 52 week high of $66.84 and a 49.46% increase over the 52 week low of $41.93. OTEX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). OTEX's current earnings per share, an indicator of a company's profitability, is $9.46. Zacks Investment Research reports OTEX's forecasted earnings growth in 2017 as -34.56%, compared to an industry average of 6%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-11-30,85.2284,85.5775,84.2343,84.2432,"Private Sector Jobs Jump to 216K, OPEC Reaches Agreement Wednesday, November 30, 2016 The main beacon signaling the U.S. jobs report the first Friday of almost every month is the ADP ADP private sector employment report which comes out nearly every Wednesday, including this morning. A positive surprise of 46K to the upside - 216K overall - easily topped expectations of 170K for the month of November. For October, revisions were marked down substantially, from 147K to 119K. Goods-producing jobs fell last month by 11K in the private sector, while services was up a whopping 228K. Some of this may be seasonal, as the holiday season can be relied upon to employ many temporary workers at retail and delivery companies, but consider this read is for November, not December, and one might get the sense companies are expecting a strong Christmas, Hanukkah, et. al. in 2016. Large firms (more than 500 employees) led the way with 90K new jobs in November, followed by Medium-sized firms (50-499 workers) at 89K and Smaller companies +37K. And while Manufacturing and Information sectors were each down 10K, Leisure & Hospitality led the hiring surge with 38K new jobs, Healthcare +25K and Education +18K. Market futures were left pretty much unchanged following the news: we're up modestly ahead of today's open on the S&P 500, Dow Jones and Nasdaq indices. For now, Friday's non-farm payroll outlook is constant at 180K jobs expected. It's possible we may see this ratcheted up a bit as analysts sift through this morning's data. We'd been following the story of the OPEC meeting this week, and here's another positive surprise this morning: the consortium of top Middle Eastern oil-producing companies has indeed reached an agreement to cut overall production. Referred to as the Algiers Plan, it's an agreement seeking a cut of 1.2 million barrels per day. Importantly, Iran has been granted a waiver from near-term production cuts or freeze. As a result, both WTI and Brent indices have shot up 7% or more in today's pre-market. This is the shot in the arm the oil industry had been looking for, and one that looked a bit shaky yesterday with oil price futures falling back. Now both WTI and Brent are pushing back towards $50 per barrel oil, and that's a real money-maker. Mark Vickery Senior Editor Click here to follow this author>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports AUTOMATIC DATA (ADP): Free Stock Analysis Report NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-12-01,84.2165,84.397,83.5272,84.0262, ADP,2016-12-02,83.753,84.3161,83.3398,83.5617, ADP,2016-12-05,84.1051,84.4216,83.7472,84.2708, ADP,2016-12-06,84.3615,84.622,83.4808,84.2255,"[""10 Notable Stocks Trading Ex-Dividend Wednesday, December 7"", ""10 Notable Stocks Trading Ex-Dividend Wednesday, December 7"", ""Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for December 07, 2016 Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on December 07, 2016. A cash dividend payment of $0.57 per share is scheduled to be paid on January 01, 2017. Shareholders who purchased ADP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.55% increase over prior dividend payment. At the current stock price of $96.05, the dividend yield is 2.37%. The previous trading day's last sale of ADP was $96.05, representing a -1.53% decrease from the 52 week high of $97.54 and a 25.31% increase over the 52 week low of $76.65. ADP is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Cognizant Technology Solutions Corporation ( CTSH ). ADP's current earnings per share, an indicator of a company's profitability, is $3.34. Zacks Investment Research reports ADP's forecasted earnings growth in 2017 as 12.22%, compared to an industry average of 6.3%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ADP through an Exchange Traded Fund [ETF]? The following ETF(s) have ADP as a top-10 holding: iShares Edge MSCI Min Vol USA ETF ( USMV ) iShares Edge MSCI Min Vol Global ETF ( ACWV ) PowerShares S&P 500 Quality Portfolio ( SPHQ ). The top-performing ETF of this group is SPHQ with an increase of 0.27% over the last 100 days. USMV has the highest percent weighting of ADP at 1.51%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""10 Notable Stocks Trading Ex-Dividend Wednesday, December 7""]" ADP,2016-12-07,84.1407,86.2492,84.1407,86.117, ADP,2016-12-08,86.0805,86.8133,85.9296,86.6634, ADP,2016-12-09,86.5569,86.764,86.117,86.6899,"[""iShares Edge MSCI Min Vol USA ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $243.3 million dollar outflow -- that's a 1.9% decrease week over week (from 283,400,000 to 278,000,000). Among the largest underlying components of USMV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is off about 0.6%, United Parcel Service Inc (Symbol: UPS) is up about 0.1%, and Becton, Dickinson and Co. (Symbol: BDX) is up by about 0.8%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $38.64 per share, with $47.19 as the 52 week high point - that compares with a last trade of $45.16. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Is ADP's Stock Overvalued? ADP ( ADP ) has reported 7% annual growth in revenues over the last few years, fueled by higher demand for HR outsourcing and services in that period. HR outsourcing revenues have grown in the mid-teens over the last few years, driven by strong demand for HR outsourcing and related services. Comparatively, payroll processing revenues have witnessed moderate single-digit growth in the same period, as shown below. Low interest rates led revenues from interest on client funds to decline on a year-over-year basis - a trend which could reverse in the future. According to our estimates, Payroll Processing forms around of our $39 billion valuation for ADP. The Client Funds Interest segment makes up around 30% of ADP's valuation, and the HR Outsourcing segment makes up roughly 11%. Below we take a look at why we maintain our $86 price estimate for for ADP , which is around 10-12% lower than the current market price. Steady Performance In 2016, Stable Future Outlook Keeping up the trend from previous years, much of the growth was attributable to HR outsourcing and other services (or PEO services), which grew at 16% for fiscal year 2016 (ended June) to just under $3.1 billion. ADP's comprehensive scope of services - including health and welfare benefits services, compliance services, 401k retirement savings plans and worker insurance services for small and medium enterprises - has helped its HR Outsourcing & Services division grow rapidly. Correspondingly, the total number of worksite employees under ADP's HR division has increased at a CAGR of almost 13% from 2010 through 2015. Similarly, the company reported an almost 12% increase in its total worksite employees to 432,000 by the end of June. Comparatively, ADP's payroll processing revenues increased by 4% for the full year, as the company has witnessed a steady 2-3% increase in its payroll clients over the last few years - a trend which continued in 2016 as well. The increase in payroll clients was complemented by a modest 1% price increase leading to a 4% annual growth in revenues. According to our estimates, ADP's adjusted EBITDA margin stood at just under 21% in 2015, and has improved slightly in 2016. It should be noted that the key contributor to the EBITDA growth was the corresponding increase in revenue, while the impact of changes in operating expenses is negligible for ADP, as shown below. Over the next few years, we forecast ADP to sustain revenue growth in Payroll Processing & HR Outsourcing, as shown below. We forecast mid-single digit growth in Payroll Processing revenues. (Read: Why Payroll Processing Remains Key For ADP's Long-Term Growth ) Additionally, ADP's HR Outsourcing and Other Services segment should continue to witness strength in its service offerings. We forecast ADP's total worksite employees to continue to increase, albeit at a slower pace, to over 650,000 employees by 2022 . In addition to the segments mentioned above, ADP could witness strong growth in its Client Funds Interest segment if interest rates pick up in coming years. The Fed has indicated that another interest rate hike is likely in the near term. Since the operating expenses of the Client Funds Interest segment are fixed in nature, revenue growth directly translates to an improvement in margins. As a result, the company-wide EBITDA could grow at a faster pace than revenue growth as shown below. See our full analysis for ADP . View Interactive Institutional Research (Powered by Trefis): Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap More Trefis Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-12-12,86.61,86.9828,86.3547,86.5479,"Intuit Continues to Face Headwinds: Should You Offload? It is prudent to offload certain stocks that do not have enough potential and are weighed down by tough market conditions. Identifying such stocks on a regular basis and getting rid of them is one of the keys to successful investing. Intuit Inc.INTU seems to be one such stock, which investors need to dump for now if they are looking to avoid long-term losses. The stock faces several headwinds at the moment and discarding it at the right time is vital to shielding one's portfolio from massive losses. Here's Why Intuit Should be Avoided Intuit carries a Zacks Rank #5 (Strong Sell). Going by the Zacks model, companies holding a Zacks Rank #5 are likely to underperform the broader market. Also, analysts have become increasingly bearish on the stock over the past couple of months with estimates moving south. With all estimates moving down and no upward revision in the past 30 days, the Zacks Consensus Estimate for fiscal 2017 earnings declined from $3.55 to $3.41 per share. Further, Intuit's stock price history reveals that the company has disappointed for a long time. In fact, for the past six months, shares of Intuit have risen 10.7%, underperforming the Zacks Categorized Computer-Software industry, which has showcased an increase of 13.8%. Adding to the woes the stock carries a VGM Score of ""F."" We note a weak Style Score robs the stock of much of its upside potential over the next 30 days. So if a stock you're in slips to Style Score of D or F, it's better to sell that stock and switch to one with a score of A or B. Our Take Though Intuit has been focusing on cost control and strategic restructuring to focus on the QuickBooks services and offset some of the negatives, we believe these activities will not be able to achieve the full cost-savings run-rate anytime soon owing to the intensity of the short-term challenges. Moreover, rising competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. We expect the aforementioned factors to hurt the company's near-term profitability. Hence, we recommend investors to stay away from Intuit shares until the Zacks Rank, VGM score and estimates improve. Stock to Consider A better-ranked stock in the broader technology sector is Cirrus Logic Inc. CRUS , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here Cirrus Logic has a long-term earnings per share growth rate of 17.5%. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PAYCOM SOFTWARE (PAYC): Free Stock Analysis Report INTUIT INC (INTU): Free Stock Analysis Report CIRRUS LOGIC (CRUS): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-12-13,87.0579,87.5973,86.5322,86.8488, ADP,2016-12-14,86.8488,87.2443,86.0706,86.2195,"Why Automatic Data Processing, Inc. Stock Rose 10% in November What happened Shares of Automatic Data Processing, Inc. (NASDAQ: ADP) rose 10.3% in November, according to data provided by S&P Global Market Intelligence . So what The provider of business process outsourcing services issued a fairly strong fiscal first-quarter 2017 earnings report on November 2nd, and shares responded by trending up steadily throughout the remainder of the month. Automatic Data booked a year-over-year sales increase of 7.5%, to $2.92 billion, and a rise in net income of 9.5%, to $368.7 million. The company's two major segments, Employer Services and PEO (Professional Employer Organization) Services, both enjoyed healthy growth during the quarter, recording revenue increases of 6.1% and 13.3%, respectively. Both segments also improved profits. Operating segment earnings in Employer Services rose 15% to $656.6 million, while PEO segment earnings climbed 21% to $107.1 million. ADP repurchased $328.6 million of corporate stock in fiscal Q1 2017, which was nearly equal to the $329.8 million in operating cash flow it produced during the quarter. Automatic Data also announced alongside its earnings report the sale of its COBRA (Consolidated Omnibus Reconciliation Act) and CHSA (Consumer Health Spending Account) businesses to employee benefits plan provider WageWorks Inc (NYSE: WAGE) for $235 million. ADP simultaneously signed on to a partnership that will allow it to offer the COBRA and CHSA services to its clients through WageWorks going forward. According to company management, the sale will allow ADP to focus on its core employee benefits offerings. Now what In ADP's earnings call, CFO Jan Siegmund noted that the company has enjoyed two years of double-digit revenue growth, speared by its cloud-based ""Human Capital"" software modules, which assist companies in complying with the Affordable Care Act. As the company begins to lap several strong quarters of growth, it will find it a challenge to sustain this growth rate. Still, management projects brisk revenue improvement of 7% to 8% in fiscal 2017, supported by anticipated worldwide new bookings growth of 4% to 6%. ADP's PEO segment will play a significant role in growth in the coming years. This services outsourcing segment, which allows corporations to save on payroll, benefits, and administrative costs by naming ADP as an ""employer of record,"" is forecasted to improve revenue by 14% to 16% this year while achieving segment margin expansion of 75 basis points. In general, Automatic Data has benefited from a moderately improving global economy over the last several quarters, and management expects this trend to continue as more employers look to save costs and automate processes using ADP's payroll and related human resource applications. Looking ahead to fiscal Q2 2017, shareholders may want to check on ADP's worldwide new bookings when the next earnings report is distributed. This metric should hit at least the bottom of the 4% to 6% projected annual rate since it's an important advance indicator of revenue strength and will thus provide a hint about the remaining quarters of 2017. 10 stocks we like better than Automatic Data Processing When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now...and Automatic Data Processing wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of Nov. 7, 2016. Asit Sharma has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing and WageWorks. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-12-15,86.3369,87.4928,86.0628,87.1673, ADP,2016-12-16,88.5421,89.6486,87.6782,89.0165, ADP,2016-12-19,88.902,89.6684,88.771,89.2226,"[""Noteworthy ETF Outflows: USMV, ADP, UPS, BDX Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $209.8 million dollar outflow -- that's a 1.7% decrease week over week (from 278,000,000 to 273,400,000). Among the largest underlying components of USMV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is up about 0.1%, United Parcel Service Inc (Symbol: UPS) is up about 0.7%, and Becton, Dickinson and Co. (Symbol: BDX) is higher by about 0.2%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $38.64 per share, with $47.19 as the 52 week high point - that compares with a last trade of $45.71. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex (PAYX) Q2 Earnings: Will the Stock Disappoint? Paychex Inc.PAYX is set to report second-quarter fiscal 2017 results on Dec 21. Last quarter, the payroll and human resource solutions provider posted a positive earnings surprise of 5.3%. Notably, in the past four quarters, the company outperformed the Zacks Consensus Estimate twice and matched the same on two occasions. This represents an average positive earnings surprise of 1.8%. Let's see how things are shaping up for this announcement. Factors to Consider We are slightly cautious about Paychex's near-term prospects as the company's business may be affected by the prevailing weak economic conditions as employment levels tend to decline and interest rates may become more volatile. Lower or falling interest rates generally cause Paychex's float income to decline. These conditions may have an adverse effect on Paychex's business owing to lower transaction volumes or loss of clients. Potential clients tend to lower their overall spending on payroll and other outsourcing services. We believe that this will cause Paychex to come under pressure, thereby reducing revenue growth potential in the future. Moreover, intense competition in the outsourcing space from major players like Automated Data Processing Inc. ADP and Insperity could add to its woes. Nonetheless, Paychex's sustained investments in product development and focus on building its sales force to drive revenue growth are positive. We also believe that the company's expansionary initiatives, such as joint ventures and acquisitions, support its long-term growth strategy. PAYCHEX INC Price and EPS Surprise PAYCHEX INC Price and EPS Surprise | PAYCHEX INC Quote Earnings Whispers Our proven model does not conclusively show that Paychex will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below: Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at 55 cents. Hence, the difference is 0.00%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Paychex carries a Zacks Rank #4 (Sell). We caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a couple of stocks that you may consider as our model shows that they have the right combination of elements to post an earnings beat in their upcoming releases: Western Digital Corporation WDC with Earnings ESP of +16.8% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here . Micron Technology MU with Earnings ESP of +8.33% and a Zacks Rank #2. The Best Place to Start Your Stock Search Today, you are invited to download the full list of 220 Zacks Rank #1 \""\""Strong Buy\""\"" stocks - absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 \""\""Strong Sells\""\"" and other private research. See these stocks free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WESTERN DIGITAL (WDC): Free Stock Analysis Report MICRON TECH (MU): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-12-20,89.7956,90.6003,89.4967,90.3183,"[""Barclays Initiates Coverage On Automatic Data Processing at Overweight, Announces $115.00 Target"", ""Barclays Initiates Coverage On Automatic Data Processing at Overweight, Announces $115.00 Target"", ""Barclays Initiates Coverage On Automatic Data Processing at Overweight, Announces $115.00 Target""]" ADP,2016-12-21,90.2552,90.7423,89.7482,90.4444,"113 Trades to Make Before Christmas InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips During these busy times, it pays to stay on top of the latest profit opportunities, and today's blog post is a great place to start. After taking a close look at the latest data on institutional buying pressure and each company's fundamental health, I decided to revise my Portfolio Grader recommendations for 113 big blue chips. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly. This Week's Ratings Changes: To stay on top of my latest stock ratings, plug your holdings into Portfolio Grader , my proprietary stock screening tool. You may get started here . More From InvestorPlace The 10 Best Stocks to Buy for 2017 The 7 WORST Stocks to Buy for 2017 10 Dangerous High-Yield Dividend Stocks to Avoid The post 113 Trades to Make Before Christmas appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-12-22,90.5913,90.7325,89.9316,90.5539,"Paychex (PAYX) Beats Q2 Earnings Estimates; Revenues Lag Paychex Inc.PAYX reported mixed results for second-quarter fiscal 2017, wherein its bottom line came ahead of the Zacks Consensus Estimate but the top line missed the same. However, on a year-over-year basis, the company registered improvement on both the counts. The company reported earnings per share of 56 cents which beat the Zacks Consensus Estimate by a penny and grew 8% year over year mainly on the back of higher revenues. Quarter Details Paychex reported total revenue (including interest on funds held for clients) of $771.4 million, up 7% year over year. However, it missed the Zacks Consensus Estimate of $779 million. Excluding interest on funds held for its clients, total services revenue (Payroll service and Human Resource Services) grew 7% year over year to $760 million. Payroll Service segment revenues went up 3% from the year-ago period to $440.9 million, primarily on the back of higher revenue per check and client base. The acquisition of Advanced Partners contributed approximately 1% to the segment's revenue growth. Human Resource Services segment revenues rose 12% year over year to $319.1 million, mainly driven by solid growth in client base and worksite employees, increased revenues from retirement and online HR administration services. Interest on funds held for clients increased 2% on a year-over-year basis to $11.4 million, primarily benefiting from higher average interest rates earned. Paychex's total expenses increased 8% from the year-ago figure to $460.3 million due to higher wages and related expenses resulting from increased headcount in operations. Moreover, total expenses, as a percentage of total revenue, increased 40 basis points (bps) to 59.7%. The company's operating income grew 6% year over year to $311.1 million. However, Paychex's operating margin contracted 40 bps to 40.3%. Net income came in at $202.1 million or 56 cents, up from $189.2 million or 52 cents reported last year. PAYCHEX INC Price, Consensus and EPS Surprise PAYCHEX INC Price, Consensus and EPS Surprise | PAYCHEX INC Quote Balance Sheet & Cash Flow Paychex exited the fiscal second quarter with cash, cash equivalents and corporate investments of $293 million compared with $497.7 million at the end of the previous quarter. The company has no long-term debt. The company generated operating cash flow of $413.4 million in the first half of fiscal 2017. During the first six months of fiscal 2017, Paychex paid $331.5 million as dividend and repurchased shares worth $166.2 million. Guidance Paychex reiterated its fiscal 2017 outlook. Management still expects Payroll Service revenues to increase year over year in a range of 3% to 4% while Human Resource Services revenues are expected to grow in a range of 12% to 14%. Total service revenue is expected to increase in a range of 7% to 8%. Interest on funds held for its clients and investment income are projected to grow in the mid-single digit range. Net income is still likely to increase 7% year over year on a GAAP basis and 8% on a non-GAAP basis. Effective income tax rate is now anticipated to be 35%. Our Take In the fiscal second quarter, Paychex's earnings beat the Zacks Consensus Estimate but revenues missed the same. The stock closed down approximately 1% during yesterday's trade. However, Paychex has outperformed the Zacks Categorized Outsourcing industry on a year-to-date basis. The company has gained 16.1% year to date compared with Outsourcing industry's average return of 14.6%. Furthermore, we are encouraged by Paychex's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansionary initiatives such as joint ventures and acquisitions support the long-term growth strategy. Product launches are expected to be the other growth drivers. Moreover, Paychex's focus on small- and mid-sized businesses looking for HR solutions could provide growth opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity NSP remain the primary concerns. Currently, Paychex has a Zacks Rank #4 (Sell). A better-ranked stock worth considering in the broader technology sector is Broadcom Limited AVGO which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . The company, which designs, develops and supplies analog and digital semiconductor connectivity solutions, has a long-term EPS growth rate of 13.6%. The EPS estimate for the current year has been revised upward to $12.10 from $11.40 over the last 30 days. The Best Place to Start Your Stock Search Today, you are invited to download the full list of 220 Zacks Rank #1 """"Strong Buy"""" stocks - absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 """"Strong Sells"""" and other private research. See these stocks free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BROADCOM LTD (AVGO): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-12-23,90.4908,90.8685,90.481,90.8429, ADP,2016-12-27,90.7797,91.5994,90.7078,91.1891,"[""Paychex (PAYX) Poised for Long-Term Growth Despite Risks A successful portfolio manager is aware of the fact that adding well performing stocks at the right time is of vital importance. Indicators of a stock's bullish run include a rise in its share price and strong fundamentals. At the moment, Paychex Inc.PAYX can be a good addition to your portfolio. Over the last one year, the Zacks Rank #3 (Hold) stock generated a return of 14.8% compared with a return of 12.5% generated by the Zacks Categorized Outsourcing industry. What's Driving Paychex? Paychex posted strong second-quarter fiscal 2017 earnings. Also, on a year-over-year basis, the company registered improvement on both the counts. The company reported earnings per share (EPS) of 56 cents, which beat the Zacks Consensus Estimate by a penny and grew 8% year over year mainly on the back of higher revenues. Paychex reported total revenue (including interest on funds held for clients) of $771.4 million, up 7% year over year. Moreover, the company's reiterated outlook for fiscal 2017 is encouraging, indicating that it is relatively well placed despite the current macroeconomic sluggishness. Furthermore, we are encouraged by Paychex's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansion initiatives such as joint ventures and acquisitions support the long-term growth strategy. Product launches are expected to be the other growth drivers. Moreover, Paychex's focus on small- and mid-sized businesses looking for HR solutions could provide growth opportunities. Paychex is a cash rich company with a strong balance sheet. Cash rich companies not only guarantee protection but are also likely to reward shareholders from their deep cash balances. Paychex generated $1.018 billion of cash from operating activities in fiscal 2016 and exited the second quarter of 2017 with cash, cash equivalents and corporate investments of $293 million. Further, the company generated operating cash flow of $413.4 million during the first two quarters of fiscal 2017. Moreover, since it carries no long-term debt, the cash is available for pursuing strategic acquisitions, investment in growth initiatives and distribution to shareholders. The stock's long-term earnings per share growth rate is 8.88% and it carries a Momentum Style Score of \""A.\"" The company also has an average positive surprise of 1.77%. However, unfavourable interest rates and competition from Automatic Data Processing ADP and Insperity NSP remain the primary concerns. A better-ranked stock worth considering in the broader technology sector is Broadcom Limited AVGO , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Broadcom, which designs, develops and supplies analog and digital semiconductor connectivity solutions, has a long-term EPS growth rate of 13.6%. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BROADCOM LTD (AVGO): Free Stock Analysis Report INSPERITY INC (NSP): Free Stock Analysis Report AUTOMATIC DATA (ADP): Free Stock Analysis Report PAYCHEX INC (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Formula Systems (1985) Ltd. (FORTY) Ex-Dividend Date Scheduled for December 28, 2016 Formula Systems (1985) Ltd. ( FORTY ) will begin trading ex-dividend on December 28, 2016. A cash dividend payment of $0.34 per share is scheduled to be paid on January 19, 2017. Shareholders who purchased FORTY prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of FORTY was $42.07, representing a -2.05% decrease from the 52 week high of $42.95 and a 78.72% increase over the 52 week low of $23.54. FORTY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). FORTY's current earnings per share, an indicator of a company's profitability, is $1.39. For more information on the declaration, record and payment dates, visit the FORTY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Amdocs Limited (DOX) Ex-Dividend Date Scheduled for December 28, 2016 Amdocs Limited ( DOX ) will begin trading ex-dividend on December 28, 2016. A cash dividend payment of $0.195 per share is scheduled to be paid on January 13, 2017. Shareholders who purchased DOX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DOX has paid the same dividend. At the current stock price of $58.23, the dividend yield is 1.34%. The previous trading day's last sale of DOX was $58.23, representing a -5.05% decrease from the 52 week high of $61.33 and a 16.33% increase over the 52 week low of $50.06. DOX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DOX's current earnings per share, an indicator of a company's profitability, is $2.71. Zacks Investment Research reports DOX's forecasted earnings growth in 2017 as 6.79%, compared to an industry average of 2.6%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: VanEck Vectors Israel ETF ( ISRA ). The top-performing ETF of this group is ISRA with an decrease of -2.03% over the last 100 days. It also has the highest percent weighting of DOX at 5.81%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for December 28, 2016 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on December 28, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on January 20, 2017. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that TYPE has paid the same dividend. At the current stock price of $19.55, the dividend yield is 2.25%. The previous trading day's last sale of TYPE was $19.55, representing a -22.94% decrease from the 52 week high of $25.37 and a 12.94% increase over the 52 week low of $17.31. TYPE is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). TYPE's current earnings per share, an indicator of a company's profitability, is $.47. Zacks Investment Research reports TYPE's forecasted earnings growth in 2016 as -31.67%, compared to an industry average of 3.8%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for December 28, 2016 Pegasystems Inc. ( PEGA ) will begin trading ex-dividend on December 28, 2016. A cash dividend payment of $0.03 per share is scheduled to be paid on January 16, 2017. Shareholders who purchased PEGA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that PEGA has paid the same dividend. At the current stock price of $36.15, the dividend yield is .33%. The previous trading day's last sale of PEGA was $36.15, representing a -2.56% decrease from the 52 week high of $37.10 and a 77.38% increase over the 52 week low of $20.38. PEGA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). PEGA's current earnings per share, an indicator of a company's profitability, is $.45. Zacks Investment Research reports PEGA's forecasted earnings growth in 2016 as 41.86%, compared to an industry average of 3.8%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-12-28,91.3794,91.6802,90.9228,90.9514,"[""CSRA Inc. (CSRA) Ex-Dividend Date Scheduled for December 29, 2016 CSRA Inc. ( CSRA ) will begin trading ex-dividend on December 29, 2016. A cash dividend payment of $0.1 per share is scheduled to be paid on January 24, 2017. Shareholders who purchased CSRA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that CSRA has paid the same dividend. At the current stock price of $32.02, the dividend yield is 1.25%. The previous trading day's last sale of CSRA was $32.02, representing a -2.5% decrease from the 52 week high of $32.84 and a 52.62% increase over the 52 week low of $20.98. CSRA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSRA's current earnings per share, an indicator of a company's profitability, is $.7. Zacks Investment Research reports CSRA's forecasted earnings growth in 2017 as 3.74%, compared to an industry average of 2.6%. For more information on the declaration, record and payment dates, visit the CSRA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""82 Trades to Make During the Final Days of 2016 InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips During these busy times, it pays to stay on top of the latest profit opportunities, and today's blog post is a great place to start. After taking a close look at the latest data on institutional buying pressure and each company's fundamental health, I decided to revise my Portfolio Grader recommendations for 82 big blue chips. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly. This Week's Ratings Changes: To stay on top of my latest stock ratings, plug your holdings into Portfolio Grader , my proprietary stock screening tool. You may get started here . More From InvestorPlace 7 Stocks That Won't Be Around a Year From Now 7 Beaten-Down Tech Stocks to Buy With 50% Upside in 2017 The 10 Best Vanguard Funds for 2017 The post 82 Trades to Make During the Final Days of 2016 appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2016-12-29,91.1526,91.6575,90.907,91.3084,"Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for December 30, 2016 Computer Sciences Corporation ( CSC ) will begin trading ex-dividend on December 30, 2016. A cash dividend payment of $0.14 per share is scheduled to be paid on January 25, 2017. Shareholders who purchased CSC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that CSC has paid the same dividend. At the current stock price of $59.62, the dividend yield is .94%. The previous trading day's last sale of CSC was $59.62, representing a -5.87% decrease from the 52 week high of $63.34 and a 145.65% increase over the 52 week low of $24.27. CSC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSC's current earnings per share, an indicator of a company's profitability, is -$.66. Zacks Investment Research reports CSC's forecasted earnings growth in 2017 as 9.33%, compared to an industry average of -3.9%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CSC through an Exchange Traded Fund [ETF]? The following ETF(s) have CSC as a top-10 holding: Vanguard S&P Mid-Cap 400 Value ETF ( IVOV ). The top-performing ETF of this group is IVOV with an increase of 8.84% over the last 100 days. It also has the highest percent weighting of CSC at 0.97%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2016-12-30,91.2423,91.2986,90.0234,90.7078, ADP,2017-01-03,90.3625,91.4257,90.3183,91.3518,"Hitting the 2017 Ground Running: GM, TWTR, ADP Tuesday, January 3, 2017 If you're like me, you're looking forward to renewed market and economic economy activity to kick off this new year. All that's been speculated upon, especially since November 8th's election, will finally find its place somewhere in reality. And econ reports get busy right away this week, capping off with the big Friday Jobs Report from the Bureau of Labor Statistics (BLS). Aside from ISM Manufacturing results being released this morning at 10am ET (ISM Services will come out on Thursday), we also see Congress getting back to work this morning. The Republican-heavy House and Senate look to make corporate tax form and deregulation top initiatives for this body of lawmakers. The ACA, aka Obamacare, may also find itself voted down after 40+ failed attempts by Congress during President Obama's leadership, but it's unclear what might replace the wide-reaching healthcare policy. President-elect Trump has also hit the ground running in 2017, or should we say ""tweeting"" - the latest company within his Twitter TWTR crosshairs is General Motors GM , in which he threatens a big border tax for the major automaker due to Chevy Cruze plant the company has in Mexico. GM has responded that the majority of Cruzes sold in the U.S. are made at the company's plant in Ohio. This is an ongoing public debate 3+ weeks before Trump officially takes office. Market futures are up big this morning largely due to the OPEC agreement set to take effect in cutting global production. WTI prices have jumped over 2% to its highest level in a year and a half, nearing $55 per barrel. Should the cutback occur as planned, a notable amount of the global supply glut should be worked off, near term. Whether countries will all play fairly with the agreement remains to be seen. We will also see private-sector jobs numbers from ADP ADP this week, although due to the New Year holiday, this report will come out Thursday morning instead of Friday. Analysts expect 166K private-sector jobs, and 185K from the BLS survey the following day. Mark Vickery Senior Editor Click here to follow this author>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AUTOMATIC DATA (ADP): Free Stock Analysis Report GENERAL MOTORS (GM): Free Stock Analysis Report TWITTER INC (TWTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-01-04,91.2709,91.7699,91.1338,91.5007,"Great All-Weather Stocks Wall Street pundits frequently pitch ""defensive"" stocks that should avoid steep losses in a downturn. Sounds terrific: stocks that stay afloat when the market is tanking! But if you want stocks that won't keep you up at night, you may need to look beyond the usual sleepy suspects. The classic way to play defense is to own utilities, phone companies and businesses that sell necessities, such as cereal or toothpaste. These firms tend to make money in just about all economic conditions, pay big dividends and usually sail through choppy markets without suffering a lot of damage. But stability comes at a price, es­pecially these days. Many defensive parts of the stock market look expensive, and their growth prospects are hardly impressive. Moreover, high dividend yields may not be enough to keep the stocks elevated if interest rates keep rising (because income seekers would likely swap the stocks for lower-risk bonds as their yields rise). Our advice: Go for a mix of defensive stocks and companies with better growth prospects. The defensive holdings will likely pay off if the market takes a dip. Rising interest rates may pressure these stocks, but higher rates would probably coincide with strength in the economy, powering up shares of growth-oriented firms. With one exception, all of our picks pay dividends, resulting in a collective yield of 2.9%. Think of this as an all-weather lineup that can glide along smoothly in a rising market and avoid a nasty fall if stocks start to slide. The world's largest payroll processor, ADP handles paychecks for 39 million workers in the U.S. and abroad. Big employers use the firm's services and rarely switch to other payroll providers, giving ADP a reliable revenue stream. A rise in joblessness could pressure the stock. But ADP's bottom line has proved sturdy. After peaking in calendar 2009, profits bottomed in 2010 after falling by just 2.6% as U.S. employment declined during the Great Recession, says Bank of America Merrill Lynch. The firm rates the stock a ""buy,"" describing ADP's business as ""highly resilient."" ADP is now using its dominance in payrolls to sell more-profitable services, helping clients manage employee recruiting and benefits, such as health insurance and retirement plans. ADP's profits may also get a lift from a jump in short-term interest rates. The company typically holds about $20 billion in client deposits for payrolls; a bump in short-term rates would hike the interest ADP earns from those funds. Analysts expect ADP's profits to hit $3.66 per share in the fiscal year that ends in July 2017, up 13% from the previous year. That profit growth should deliver more than enough cash for ADP to continue its long dividend-raising streak, now 42 straight years. SEE ALSO: 27 Best Stocks for 2017 Products such as catheters, syringes and insulin-injection kits make Becton Dickinson an indispensable supplier to hospitals and patients. Sales are rising as the company expands into emerging markets (now 15% of its business) and develops innovative products, says Allen Bond, comanager of Jensen Quality Growth Fund. For instance, Becton's pen needles for diabetics improve the safety and accuracy of injections, and the firm recently won regulatory approval for a new syringe designed for patients with high insulin needs. Becton's sales are getting a lift, too, from its $12.2 billion merger with CareFusion, a supplier of drug-infusion pumps and other medical products. CareFusion's pumps dovetail nicely with Becton's needles-and-syringes business, creating an opportunity to boost sales of both, says Bond. The combined company aims to expand profits by 10% to 11% in the fiscal year that ends next September. Becton's stock could slump if Congress repeals or dramatically reduces the scope of Obamacare. The firm would also face setbacks if the dollar continues to climb (making profits earned in foreign currencies worth less when converted to greenbacks). But Becton's prospects for steady, long-term growth look bright. Higher dividends should be coming, too, as Becton adds to its streak of 44 straight years of payout hikes. The holding company headed by Warren Buffett has never paid a dime in dividends. But Buffett's uncanny knack for picking stocks and buying other businesses has enriched longtime shareholders. Buffett, 86, will eventually cede control of Berkshire to his handpicked successors, a development likely to knock down the stock's price. But Berkshire should still be a long-term winner. Investing with Buffett now gets you a piece of a company that touches just about every part of the economy. Berkshire's portfolio includes stocks that it has held for ages, such as American Express and Coca-Cola, along with recent additions, such as Apple, Phillips 66 and United Continental. The firm's underlying businesses range from insurance (Geico) to aviation parts (Precision Castparts) and rail transport (Burlington Northern Santa Fe). Berkshire also owns nearly one-third of Kraft Heinz Foods and sits on $68.2 billion in cash and securities. At today's price, Berkshire trades at 1.4 times book value (assets minus liabilities). Buffett has said that he would buy back stock if it fell to 1.2 times book, or about $131 per share based on the book value reported as of September 30. That puts a floor on the stock's potential losses, says Mark DeVaul, comanager of the Hennessy Equity and Income Fund. The stock is more likely to keep climbing, though, as Berkshire's profits mount. TAKE THE QUIZ: How Well Do You Know Warren Buffett? Constellation is thriving as Americans lap up Mexican-brewed suds. It sells wine and spirits, too, including such major brands as Robert Mondavi and Svedka vodka. But its Mexican beers are the growth engine, fueled by demand among Hispanic Americans and a thirst for imported brews overall. Led by Corona and Modelo, two of the top-selling import brands in the U.S., the firm's beer revenues climbed 20% during the six-month period that ended in August 2016, compared with the same period a year earlier. Constellation is now ramping up production, expanding a brewery in Mexico and building an enormous new one near the border with California, its largest beer market. Trading at 21 times estimated earnings, Constellation is a bit cheaper than rival Anheuser-Busch Inbev (with a price-earnings ratio of 23). And Constellation is growing faster, and its profit margins are inching up. S&P Global Markets analyst Joseph Agnese rates the stock a ""strong buy,"" based on robust sales of beer, new beverage products and recent acqui­sitions, such as craft brewery Ballast Point and the Prisoner Wine Co. Over the next 12 months, he expects the stock to hit $207. Even if the economy slows, people will still make use of ports, railroads and toll roads. Brookfield owns those kinds of businesses in the U.S. and other countries, along with utilities and other infrastructure assets, such as natural-gas pipelines in Brazil and cell-phone towers in France. Revenues flow from tariffs, tolls and other steady sources. Structured as a limited partnership, the firm shells out almost all of its income to investors, and its payouts have climbed steadily, increasing an average of 12% a year since 2009. Brookfield is also investing to power up growth. It recently acquired a group of Australian ports as well as Peruvian toll roads and a North American gas-storage business. Brookfield aims to spend $1.1 billion on Brazilian gas-and-electric utility projects, and it's expanding into such areas as fiber-to-the-home and ""smart meter"" projects. With operations around the world, Brookfield could take some hits if the dollar continues to appreciate. Steeper interest rates would also pressure the stock. But its distributions look secure and are likely to climb steadily. One note: Partnerships such as Brookfield issue complex K-1 tax forms that can make the stocks a headache to own. One of the largest owners and developers of data centers--giant, climate-controlled spaces that house thousands of computer servers--Digital Realty is profiting from technology's rising role in the economy. Demand for data centers is climbing as mobile data, video and internet traffic rise by more than 20% a year. Consumers and companies are also storing more digital content on cloud-based servers, fueling data-center demand. With more than 140 data centers in the U.S., Europe and Asia, Digital rents space to global companies such as Facebook, IBM and J.P. Morgan Chase. The firm is now layering on services for customers to exchange data with each other, improving the reliability and speed of data transfers. Digital bought data center firm Telx in 2015 to expand into these services, and it purchased eight data centers in Europe in 2016, moves that should help the firm retain and attract more clients. Digital issues lots of debt and would face higher financing costs if long-term interest rates were to climb sharply. But a dividend yield of 3.8% would help cushion the blow should its stock slump. As a real estate investment trust, Digital must distribute at least 90% of its taxable earnings as dividends, which are likely to rise as its business expands. *Based on price to funds from operations. Banks rely heavily on technology to process checks, manage payments and automate other aspects of their business. Fidelity (no relation to the mutual fund firm) provides these tech-backbone services to more than 20,000 financial customers, handling everything from ATM operations to automatic loan payments. Sales are climbing as banks upgrade their technology and expand into new areas, such as internet and mobile banking. Fidelity is also growing through acquisitions. The company paid $9.1 billion in 2015 for SunGard Data Systems, a maker of financial-services software aimed at trading and money-management firms. A slowdown in the banking industry would threaten Fidelity's business. Weakness in Europe or Latin America (areas that Fidelity is targeting) could also hamper the firm. But as long as the financial industry remains healthy, Fidelity's sales are likely to climb. Wall Street analysts see profits hitting $4.40 per share in 2017, up 15% from expected 2016 earnings. ""It's a great business with solid growth,"" says David Marcus, manager of the Evermore Global Value Fund. SEE ALSO: 8 Stocks to Benefit from Rising Interest Rates The global health care giant sells everything from its namesake shampoo to Band-Aids and Tylenol. Its pharmaceutical division hauls in more than $31 billion a year, led by Remicade, a top-selling drug for rheumatoid arthritis, Crohn's disease and other ailments. In addition, sales of medical devices bring in more than $25 billion in annual revenues. Analysts see J&J's profits climbing by 6.1% in 2017 as sales top $70 billion. That's respectable growth for such an enormous firm. And profit growth could accelerate as investments in new drugs start to pay off. By 2019, J&J expects to win regulatory approval for 10 medicines that it estimates could eventually pull in more than $1 billion each in annual sales. With about $40 billion in cash and securities on its balance sheet--and a rare triple-A credit rating--J&J's finances look spectacular. The firm could use its financial muscle to buy other businesses. J&J should also continue its 54-year-long streak of annual dividend increases. SEE ALSO: 8 Great Stocks to Own in Retirement Magellan owns the nation's longest pipeline for refined products such as gasoline and diesel fuel, spanning 9,700 miles and 53 terminals. Producers sign long-term, fee-based contracts to ship their output through Magellan's pipes. That limits the firm's exposure to short-term swings in energy prices. Revenues slipped just 5% in 2015 as oil slid from a peak of $107 a barrel to $27. Firmly in recovery mode, Magellan's sales should climb by 9% in 2017, to $2.4 billion, according to analysts' estimates. As a master limited partnership, Magellan aims to pay out almost all of its cash profits as distributions. The stock's 4.8% yield trails far behind the 7.4% average for energy MLPs. But Magellan's finances are solid enough that it isn't likely to issue more stock to fund an expansion. Magellan plans to spend $1.4 billion through 2018 on new pipelines and other ""growth projects,"" such as a 50,000-barrel-per-day processing plant in Corpus Christi, Texas. As these projects bring in revenues, they should help Magellan boost its payout, which the firm aims to increase by 8% in 2017 (following a 10% hike in 2016). Based in Norway, Marine Harvest produces more than 414,000 metric tons of farmed salmon a year, enough for about 6 million meals per day. Farmed salmon tends to be less costly than the wild variety, and global demand is rising. Marine runs fisheries in Canada, Chile, Scotland and countries in Asia, and it handles its own processing, packaging and shipping. The firm is also targeting Japan's lucrative sushi market with a premium fish, called Mowi salmon, that it cultivates in separate farms with a special feed. Marine's aqua-farming business poses some unique risks. Scourges such as algae blooms and sea lice could wipe out an entire fishery's production run. Prices could slump if global supplies exceed demand. And Marine Harvest's U.S.-traded shares could slip if Norway's stock market were to slump or if its currency, the krone, were to weaken against the dollar. Despite these issues, the stock looks compelling, says Evermore fund manager Marcus. After a rough 2016, Marine should see profits rise by 65% in 2017. Moreover, Marine aims to pay out at least 75% of its annual cash profits (after capital expenditures and other expenses) as dividends. Payouts amounted to $1.01 per share over the past 12 months, equal to a 5.6% yield. SEE ALSO: 10 Great Stocks for the Next 10 Years The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-01-05,91.3163,91.6901,90.3824,90.9415,"ADP Jobs, Jobless Claims Both Surprise to Downside Thursday, January 5, 2017 Due to the New Year holiday week, the monthly ADP ADP report that usually comes out on Wednesday was released ahead of today's bell, instead. A total of 153K new private-sector jobs were created in the month of December, far lower than the 168K analysts had expected. November's big jobs-producing month has been revised down slightly to 215K. This figure was a positive surprise from October's lackluster 124K, but overall since mid-2016 we are seeing job growth slowing steadily from the routine 200K+ reads most months since the jobs recovery plateaued in the aftermath of the Great Recession. The vast discrepancy between Goods and Services continues in this report: while Services provided 169K new jobs last month, Goods shed 16K, including -9K in manufacturing and a surprise -5K in mining. Biggest industry hires were in Trade/Transportation (82K), Education/Health (29K) and Leisure/Hospitality (18K). Looking ahead to tomorrow's Bureau of Labor Statistics (BLS) non-farm payroll report, ADP estimates a gain of 183K, up from last month's 178K total. Also, average hourly wages are expected to tick up 0.3% from dropping a basis point in November. Smaller companies (under 50 employees) are again showing the smallest gains in new private-sector jobs at 18K; Medium-sized companies reached 71K and Large firms up 63K. Initial Jobless Claims also were reported ahead of today's market open, shedding 28K claims from last month's revised total to 235K. Continuing claims, however, have risen again, to 2.11 million. Still historically low, but notably above the point we cracked below 2 million continuing claims for a week a month or so ago. Market futures are all marginally lower at this hour, but they were that way before the ADP report was released. We see tomorrow's BLS report having greater potential to move markets in either direction. Mark Vickery Senior Editor Click here to follow this author>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports AUTOMATIC DATA (ADP): Free Stock Analysis Report NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-01-06,91.1161,91.1526,90.265,91.0066,"Intuit (INTU) Downgraded to Strong Sell: Should You Dump? On Jan 5, 2017, Zacks Investment Research downgraded Intuit Inc.INTU to a Zacks Rank #5 (Strong Sell). Going by the Zacks model, companies holding a Zacks Rank #5 are likely to underperform the broader market. Why the Downgrade? Intuit's share price movement has not been much impressive. Over the last six months, its shares have gained just 1.3% compared with 11.9% increase recorded by the Zacks categorized Computer-Software industry. This was possibly due to the company's lower-than-expected revenue guidance for second quarter and fiscal 2017. The company anticipates revenues of $5 billion to $5.1 billion (mid-point $5.05 billion) in fiscal 2017. The Zacks Consensus Estimate is pegged at $5.060 billion, which is slightly higher than the company's mid-point. For the second quarter, the company anticipates revenues in a range of $1.045 billion to $1.065 billion (mid-point $1.055). The Zacks Consensus Estimate is pegged $1.057 billion, which is slightly higher than the company's mid-point. Also, analysts have become increasingly bearish on the stock over the past couple of months with estimates moving downward. With all estimates moving down and no upward revision in the past 60 days, the Zacks Consensus Estimate for fiscal 2017 earnings declined from $3.55 to $3.41 per share. Also, for the next quarter, the Zacks Consensus Estimate declined from $3.69 to $3.52 per share over the same time frame. What adds to the woes is the fact that the stock carries a VGM Score of ""D."" We note a weak Style Score robs the stock of much of its upside potential over the next 30 days. So if a stock you're in slips to Style Score of D or F, it's better to sell that stock and switch to one with a score of A or B. Furthermore, Intuit has also restructured its business to focus on the QuickBooks services. It expects to continue investing in this portfolio, which is likely to hurt its near-term profitability. Moreover, rising competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Stocks to Consider Not all technology stocks are performing as poorly as Intuit. We recommend NetApp Inc. NTAP , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here The Best Place to Start Your Stock Search Today, you are invited to download the full list of 220 Zacks Rank #1 """"Strong Buy"""" stocks - absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 """"Strong Sells"""" and other private research. See these stocks free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NetApp, Inc. (NTAP): Free Stock Analysis Report Paycom Software, Inc. (PAYC): Free Stock Analysis Report Intuit Inc. (INTU): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-01-09,90.8616,91.124,90.4444,90.4444, ADP,2017-01-10,90.2482,90.9415,90.0589,90.2038,"Notable ETF Outflow Detected - USMV, ADP, PEP, MCD Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $154.5 million dollar outflow -- that's a 1.2% decrease week over week (from 273,600,000 to 270,200,000). Among the largest underlying components of USMV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is up about 0.1%, PepsiCo Inc (Symbol: PEP) is off about 1%, and McDonald's Corp (Symbol: MCD) is relatively unchanged. For a complete list of holdings, visit the USMV Holdings page » The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $38.64 per share, with $47.19 as the 52 week high point - that compares with a last trade of $45.41. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-01-11,90.265,91.4257,90.265,91.0865, ADP,2017-01-12,90.8873,91.7148,90.2403,91.6191, ADP,2017-01-13,91.5895,91.8745,91.0619,91.5895, ADP,2017-01-17,91.1969,91.3883,90.8054,90.9701,"[""ADP Reports Purchase of The Marcus Buckingham Co., No Terms Disclosed"", ""ADP Reports Purchase of The Marcus Buckingham Co., No Terms Disclosed"", ""The 1 Stock You've Been Overlooking for Your IRA ADP Total Return Price data by YCharts . For the IRA investor, I'll add one more piece of data to demonstrate why ADP should be a core holding in your investment basket. Below is a price chart over the same five-year period, with a trend line for the company's beta, a standard measure of volatility. A beta of 1.0 means a stock's volatility can be said to be equal to that of the overall market (as represented by the S&P 500 Index): ADP Total Return Price data by YCharts . Automatic Data has outpaced the overall market on a total return basis over the last five years, while remaining consistently less volatile. It currently exhibits about 80% of the total market's volatility. ADP's beta has been as low as 0.625 and as high as 0.925 during the period, but it's never exceeded the market's beta of 1.0. In other words, more return, less risk. I believe ADP's solid and expanding earnings and cash flows, backed by a long history of consistency, are rewarded as investors seem to buy the \""ADP\"" symbol in both rising and correcting markets. Thus, ADP provides IRA investor with a handsome, tax-deferred total return alongside relative safety -- two traits that often prove vexing when you try to locate them in the same security. 10 stocks we like better than Automatic Data Processing When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now...and Automatic Data Processing wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of January 4, 2017. Asit Sharma has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Daily Dividend Report: LNT, EPR, SO, ADP, FE, UNM, NNN Alliant Energy ( LNT ) announced that quarterly dividends on common stock were declared by the Board of Directors. The quarterly common stock dividend is $0.315 per share payable on February 15, 2017, to shareowners of record on close of business January 31, 2017. EPR Properties ( EPR ) has declared its monthly cash dividend to common shareholders. The dividend of $0.34 per common share is payable February 15, 2017 to shareholders of record on January 31, 2017. This dividend represents an annualized dividend of $4.08 per common share, an increase of 6.25% over prior year and the Company's seventh consecutive year with an annual dividend increase. Southern Company announced a regular quarterly dividend of 56 cents per share on the company's common stock, payable March 6, 2017, to shareholders of record as of February 21, 2017. Automatic Data Processing ( ADP ) has declared a regular quarterly dividend of 57 cents per share payable April 1, 2017 to shareholders of record on March 10, 2017. FirstEnergy Corp. ( FE ) declared an unchanged quarterly dividend of 36 cents per share of outstanding common stock. The dividend will be payable March 1, 2017, to shareholders of record at the close of business on February 7, 2017. Unum Group ( UNM ) declared a quarterly dividend of $0.20 per share on its common stock to be paid on Feb. 17, 2017, to stockholders of record on Jan. 30, 2017. National Retail Properties (NNN) declared a quarterly dividend of 45.5 cents per share payable February 15, 2017 to common shareholders of record on January 31, 2017. VIDEO: Daily Dividend Report: LNT, EPR, SO, ADP, FE, UNM, NNN The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Coastline Trust Co Buys Blackrock Floating Rate Income Strategies Fund Inc, SPDR Wells Fargo ... Coastline Trust Co New Purchases: PSK , TJX , IEMG , LH, VO, CNI, TKR, BOKF, TK, OPTT, Added Positions:HYS, FRA, GOOGL, CSCO, BIV, VLO, VZ, AMZN, WYN, VCSH, Reduced Positions:PFF, F, DWX, CTL, SHPG, VEU, CAH, BND, PX, IWR, Sold Out:JCI, YUMC, RWX, GME, AGN, FSLR, IJH, DVA, UL, VSM, For the details of Coastline Trust Co's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Coastline+Trust+Co These are the top 5 holdings of Coastline Trust Co Vanguard Intermediate-Term Corporate Bond ETF ( VCIT ) - 176,723 shares, 3.12% of the total portfolio. Shares added by 0.97% Vanguard Short-Term Corporate Bond ETF ( VCSH ) - 116,315 shares, 1.9% of the total portfolio. Shares added by 2.41% Comcast Corp ( CMCSA ) - 121,003 shares, 1.72% of the total portfolio. Shares reduced by 1.09% Sysco Corp ( SYY ) - 137,929 shares, 1.58% of the total portfolio. Shares reduced by 2.15% Automatic Data Processing Inc ( ADP ) - 72,610 shares, 1.54% of the total portfolio. New Purchase: SPDR Wells Fargo Preferred Stock (PSK) Coastline Trust Co initiated holdings in SPDR Wells Fargo Preferred Stock. The purchase prices were between $42.11 and $45.6, with an estimated average price of $44.05. The stock is now traded at around $43.28. The impact to the portfolio due to this purchase was 0.06%. The holdings were 6,425 shares as of 2016-12-31. New Purchase: Laboratory Corp of America Holdings (LH) Coastline Trust Co initiated holdings in Laboratory Corp of America Holdings. The purchase prices were between $121.63 and $139.82, with an estimated average price of $129.31. The stock is now traded at around $133.99. The impact to the portfolio due to this purchase was 0.06%. The holdings were 2,420 shares as of 2016-12-31. New Purchase: iShares Core MSCI Emerging Markets (IEMG) Coastline Trust Co initiated holdings in iShares Core MSCI Emerging Markets. The purchase prices were between $41.73 and $46.26, with an estimated average price of $44.19. The stock is now traded at around $44.41. The impact to the portfolio due to this purchase was 0.06%. The holdings were 6,300 shares as of 2016-12-31. New Purchase: TJX Companies Inc (TJX) Coastline Trust Co initiated holdings in TJX Companies Inc. The purchase prices were between $71.8 and $79.43, with an estimated average price of $75.58. The stock is now traded at around $76.84. The impact to the portfolio due to this purchase was 0.06%. The holdings were 3,760 shares as of 2016-12-31. New Purchase: Vanguard Mid-Cap ETF - DNQ (VO) Coastline Trust Co initiated holdings in Vanguard Mid-Cap ETF - DNQ. The purchase prices were between $122.84 and $135.19, with an estimated average price of $128.69. The stock is now traded at around $134.03. The impact to the portfolio due to this purchase was 0.05%. The holdings were 1,725 shares as of 2016-12-31. New Purchase: BOK Financial Corp (BOKF) Coastline Trust Co initiated holdings in BOK Financial Corp. The purchase prices were between $68.14 and $84.2, with an estimated average price of $76.84. The stock is now traded at around $80.92. The impact to the portfolio due to this purchase was 0.04%. The holdings were 2,570 shares as of 2016-12-31. Added: Blackrock Floating Rate Income Strategies Fund Inc (FRA) Coastline Trust Co added to the holdings in Blackrock Floating Rate Income Strategies Fund Inc by 30.20%. The purchase prices were between $13.44 and $14.24, with an estimated average price of $13.83. The stock is now traded at around $14.64. The impact to the portfolio due to this purchase was 0.07%. The holdings were 96,500 shares as of 2016-12-31. Added: Amazon.com Inc (AMZN) Coastline Trust Co added to the holdings in Amazon.com Inc by 20.83%. The purchase prices were between $719.07 and $844.36, with an estimated average price of $783.7. The stock is now traded at around $810.08. The impact to the portfolio due to this purchase was 0.04%. The holdings were 1,682 shares as of 2016-12-31. Added: Visa Inc (V) Coastline Trust Co added to the holdings in Visa Inc by 27.40%. The purchase prices were between $75.43 and $83.36, with an estimated average price of $80.4. The stock is now traded at around $81.27. The impact to the portfolio due to this purchase was 0.03%. The holdings were 9,625 shares as of 2016-12-31. Added: Target Corp (TGT) Coastline Trust Co added to the holdings in Target Corp by 22.28%. The purchase prices were between $66.53 and $78.61, with an estimated average price of $72.39. The stock is now traded at around $71.29. The impact to the portfolio due to this purchase was 0.01%. The holdings were 4,940 shares as of 2016-12-31. Sold Out: Johnson Controls International PLC (JCI) Coastline Trust Co sold out the holdings in Johnson Controls International PLC. The sale prices were between $38.92 and $45.89, with an estimated average price of $42.3. Sold Out: Yum China Holdings Inc (YUMC) Coastline Trust Co sold out the holdings in Yum China Holdings Inc. The sale prices were between $24.25 and $29.98, with an estimated average price of $26.73. Sold Out: SPDR DJ Wilshire Intl Real Estate (RWX) Coastline Trust Co sold out the holdings in SPDR DJ Wilshire Intl Real Estate. The sale prices were between $36.91 and $41.52, with an estimated average price of $38.62. Sold Out: GameStop Corp (GME) Coastline Trust Co sold out the holdings in GameStop Corp. The sale prices were between $20.73 and $27.78, with an estimated average price of $24.69. Sold Out: Allergan PLC (AGN) Coastline Trust Co sold out the holdings in Allergan PLC. The sale prices were between $188.47 and $242.65, with an estimated average price of $207.16. Sold Out: First Solar Inc (FSLR) Coastline Trust Co sold out the holdings in First Solar Inc. The sale prices were between $29.21 and $42.25, with an estimated average price of $35.1. FRA 15-Year Financial Data The intrinsic value of FRA Peter Lynch Chart of FRA Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Reports Purchase of The Marcus Buckingham Co., No Terms Disclosed""]" ADP,2017-01-18,91.3439,91.3439,90.6614,90.8231,"USMV, ADP, VZ, PEP: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $196.3 million dollar outflow -- that's a 1.6% decrease week over week (from 270,200,000 to 265,900,000). Among the largest underlying components of USMV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is off about 0.1%, Verizon Communications Inc (Symbol: VZ) is off about 0.8%, and PepsiCo Inc (Symbol: PEP) is higher by about 0.3%. For a complete list of holdings, visit the USMV Holdings page » The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $38.64 per share, with $47.19 as the 52 week high point - that compares with a last trade of $45.70. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-01-19,90.7147,91.1428,90.6348,90.8784, ADP,2017-01-20,90.907,91.5628,90.7236,91.124,"Woodley Farra Manion Portfolio Management Inc Buys FedEx Corp, Schlumberger Ltd, JPMorgan Chase ... Woodley Farra Manion Portfolio Management Inc New Purchases: FDX , IBM , ETN , Added Positions:SLB, JPM, SE, PEP, PNC, USB, DOV, INTC, WFC, DHR, Reduced Positions:NVS, TGT, HUBB, VZ, RAI, EPD, GE, SYY, MCD, D, Sold Out:LMT, GPC, MAT, AMGN, ASIX, For the details of WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=WOODLEY+FARRA+MANION+PORTFOLIO+MANAGEMENT+INC These are the top 5 holdings of WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC Microsoft Corp ( MSFT ) - 515,436 shares, 4.39% of the total portfolio. Shares added by 1.18% Accenture PLC ( ACN ) - 244,829 shares, 3.93% of the total portfolio. Shares added by 2.09% Republic Services Inc ( RSG ) - 489,906 shares, 3.83% of the total portfolio. Shares added by 1.56% Procter & Gamble Co ( PG ) - 323,545 shares, 3.73% of the total portfolio. Shares added by 1.39% Automatic Data Processing Inc ( ADP ) - 262,604 shares, 3.7% of the total portfolio. Shares added by 1.96% New Purchase: FedEx Corp (FDX) Woodley Farra Manion Portfolio Management Inc initiated holdings in FedEx Corp. The purchase prices were between $169.7 and $201.02, with an estimated average price of $183.52. The stock is now traded at around $185.73. The impact to the portfolio due to this purchase was 3.53%. The holdings were 138,431 shares as of 2016-12-31. New Purchase: International Business Machines Corp (IBM) Woodley Farra Manion Portfolio Management Inc initiated holdings in International Business Machines Corp. The purchase prices were between $149.63 and $168.51, with an estimated average price of $159.33. The stock is now traded at around $170.55. The impact to the portfolio due to this purchase was 0.35%. The holdings were 15,310 shares as of 2016-12-31. New Purchase: Eaton Corp PLC (ETN) Woodley Farra Manion Portfolio Management Inc initiated holdings in Eaton Corp PLC. The purchase prices were between $59.72 and $69.86, with an estimated average price of $65.6. The stock is now traded at around $67.93. The impact to the portfolio due to this purchase was 0.3%. The holdings were 32,415 shares as of 2016-12-31. Added: Schlumberger Ltd (SLB) Woodley Farra Manion Portfolio Management Inc added to the holdings in Schlumberger Ltd by 129.63%. The purchase prices were between $77.76 and $86.38, with an estimated average price of $81.96. The stock is now traded at around $86.49. The impact to the portfolio due to this purchase was 1.98%. The holdings were 304,129 shares as of 2016-12-31. Added: JPMorgan Chase & Co (JPM) Woodley Farra Manion Portfolio Management Inc added to the holdings in JPMorgan Chase & Co by 428.70%. The purchase prices were between $66.51 and $87.13, with an estimated average price of $76.26. The stock is now traded at around $83.67. The impact to the portfolio due to this purchase was 0.66%. The holdings were 68,779 shares as of 2016-12-31. Added: Intel Corp (INTC) Woodley Farra Manion Portfolio Management Inc added to the holdings in Intel Corp by 27.14%. The purchase prices were between $33.61 and $38.1, with an estimated average price of $35.81. The stock is now traded at around $36.94. The impact to the portfolio due to this purchase was 0.13%. The holdings were 118,465 shares as of 2016-12-31. Added: Vectren Corp (VVC) Woodley Farra Manion Portfolio Management Inc added to the holdings in Vectren Corp by 20.81%. The purchase prices were between $47.14 and $52.75, with an estimated average price of $49.59. The stock is now traded at around $54.23. The impact to the portfolio due to this purchase was 0.08%. The holdings were 65,682 shares as of 2016-12-31. Added: Clorox Co (CLX) Woodley Farra Manion Portfolio Management Inc added to the holdings in Clorox Co by 32.87%. The purchase prices were between $112.25 and $124.32, with an estimated average price of $117.93. The stock is now traded at around $121.42. The impact to the portfolio due to this purchase was 0.06%. The holdings were 14,835 shares as of 2016-12-31. Added: Kimberly-Clark Corp (KMB) Woodley Farra Manion Portfolio Management Inc added to the holdings in Kimberly-Clark Corp by 26.44%. The purchase prices were between $112.15 and $124.76, with an estimated average price of $116.08. The stock is now traded at around $116.22. The impact to the portfolio due to this purchase was 0.05%. The holdings were 14,968 shares as of 2016-12-31. Sold Out: Lockheed Martin Corp (LMT) Woodley Farra Manion Portfolio Management Inc sold out the holdings in Lockheed Martin Corp. The sale prices were between $230.52 and $267.62, with an estimated average price of $249.91. Sold Out: Genuine Parts Co (GPC) Woodley Farra Manion Portfolio Management Inc sold out the holdings in Genuine Parts Co. The sale prices were between $87.67 and $99.83, with an estimated average price of $95.35. Sold Out: Mattel Inc (MAT) Woodley Farra Manion Portfolio Management Inc sold out the holdings in Mattel Inc. The sale prices were between $27.55 and $33.09, with an estimated average price of $30.41. Sold Out: Amgen Inc (AMGN) Woodley Farra Manion Portfolio Management Inc sold out the holdings in Amgen Inc. The sale prices were between $135.22 and $168.31, with an estimated average price of $150.5. Sold Out: AdvanSix Inc (ASIX) Woodley Farra Manion Portfolio Management Inc sold out the holdings in AdvanSix Inc. The sale prices were between $14.01 and $22.97, with an estimated average price of $17.96. Warning! GuruFocus has detected 6 Warning Signs with SLB. Click here to check it out. SLB 15-Year Financial Data The intrinsic value of SLB Peter Lynch Chart of SLB Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-01-23,90.7325,90.9978,89.9079,90.2038,"Wendell David Associates Inc Buys CDK Global Inc, Dentsply Sirona Inc, Alphabet Inc, Sells ... Wendell David Associates Inc New Purchases: CDK , XRAY , PRAA , HPQ, Added Positions:GOOGL, SBUX, SYK, EL, DHR, MKC, AMT, INTU, DIS, BR, Reduced Positions:GILD, SRCL, ADP, ABBV, IDXX, CVS, TSCO, PFF, MCD, JNJ, Sold Out:KYN, VSM, QCP, For the details of WENDELL DAVID ASSOCIATES INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=WENDELL+DAVID+ASSOCIATES+INC These are the top 5 holdings of WENDELL DAVID ASSOCIATES INC Automatic Data Processing Inc ( ADP ) - 250,033 shares, 5.08% of the total portfolio. Shares reduced by 2.62% Mastercard Inc ( MA ) - 185,602 shares, 3.78% of the total portfolio. Shares reduced by 0.68% TJX Companies Inc ( TJX ) - 232,578 shares, 3.45% of the total portfolio. Shares reduced by 0.42% Ecolab Inc ( ECL ) - 144,993 shares, 3.36% of the total portfolio. Shares reduced by 0.33% Stryker Corp ( SYK ) - 134,719 shares, 3.19% of the total portfolio. Shares added by 2.64% New Purchase: CDK Global Inc (CDK) Wendell David Associates Inc initiated holdings in CDK Global Inc. The purchase prices were between $53.71 and $60.99, with an estimated average price of $57.2. The stock is now traded at around $60.33. The impact to the portfolio due to this purchase was 0.49%. The holdings were 41,689 shares as of 2016-12-31. New Purchase: Dentsply Sirona Inc (XRAY) Wendell David Associates Inc initiated holdings in Dentsply Sirona Inc. The purchase prices were between $55.83 and $61.19, with an estimated average price of $59.08. The stock is now traded at around $55.48. The impact to the portfolio due to this purchase was 0.32%. The holdings were 28,317 shares as of 2016-12-31. New Purchase: PRA Group Inc (PRAA) Wendell David Associates Inc initiated holdings in PRA Group Inc. The purchase prices were between $27 and $39.1, with an estimated average price of $34.09. The stock is now traded at around $37.53. The impact to the portfolio due to this purchase was 0.15%. The holdings were 19,740 shares as of 2016-12-31. New Purchase: HP Inc (HPQ) Wendell David Associates Inc initiated holdings in HP Inc. The purchase prices were between $13.8 and $16.16, with an estimated average price of $15.14. The stock is now traded at around $14.52. The impact to the portfolio due to this purchase was 0.08%. The holdings were 27,700 shares as of 2016-12-31. Added: Alphabet Inc (GOOGL) Wendell David Associates Inc added to the holdings in Alphabet Inc by 92.07%. The purchase prices were between $753.22 and $835.74, with an estimated average price of $799.67. The stock is now traded at around $833.85. The impact to the portfolio due to this purchase was 0.27%. The holdings were 3,586 shares as of 2016-12-31. Added: The Estee Lauder Companies Inc (EL) Wendell David Associates Inc added to the holdings in The Estee Lauder Companies Inc by 33.53%. The purchase prices were between $75.84 and $88.31, with an estimated average price of $81.29. The stock is now traded at around $79.37. The impact to the portfolio due to this purchase was 0.07%. The holdings were 17,823 shares as of 2016-12-31. Sold Out: Versum Materials Inc (VSM) Wendell David Associates Inc sold out the holdings in Versum Materials Inc. The sale prices were between $22.46 and $28.72, with an estimated average price of $24.89. Sold Out: Kayne Anderson MLP Investment Company (KYN) Wendell David Associates Inc sold out the holdings in Kayne Anderson MLP Investment Company. The sale prices were between $18.21 and $20.35, with an estimated average price of $19.38. Sold Out: Quality Care Properties Inc (QCP) Wendell David Associates Inc sold out the holdings in Quality Care Properties Inc. The sale prices were between $12.48 and $19, with an estimated average price of $15.23. Reduced: Gilead Sciences Inc (GILD) Wendell David Associates Inc reduced to the holdings in Gilead Sciences Inc by 22.58%. The sale prices were between $71.61 and $78.47, with an estimated average price of $74.33. The stock is now traded at around $70.50. The impact to the portfolio due to this sale was -0.21%. Wendell David Associates Inc still held 45,343 shares as of 2016-12-31. Reduced: State Street Corp (STT) Wendell David Associates Inc reduced to the holdings in State Street Corp by 23.61%. The sale prices were between $68.63 and $81.44, with an estimated average price of $75.27. The stock is now traded at around $78.39. The impact to the portfolio due to this sale was -0.02%. Wendell David Associates Inc still held 3,899 shares as of 2016-12-31. Warning! GuruFocus has detected 5 Warning Signs with GOOGL. Click here to check it out. GOOGL 15-Year Financial Data The intrinsic value of GOOGL Peter Lynch Chart of GOOGL Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-01-24,90.2482,91.2246,90.1477,91.124, ADP,2017-01-25,91.3163,91.4918,90.3625,90.6348,"Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for January 26, 2017 Simulations Plus, Inc. ( SLP ) will begin trading ex-dividend on January 26, 2017. A cash dividend payment of $0.05 per share is scheduled to be paid on February 06, 2017. Shareholders who purchased SLP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 13th quarter that SLP has paid the same dividend. The previous trading day's last sale of SLP was $9.9, representing a -12.78% decrease from the 52 week high of $11.35 and a 46.88% increase over the 52 week low of $6.74. SLP is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SLP's current earnings per share, an indicator of a company's profitability, is $.31. Zacks Investment Research reports SLP's forecasted earnings growth in 2017 as 10.34%, compared to an industry average of 3.3%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-01-26,90.3912,90.6003,90.0234,90.0589,"International Business Machines Top Ranked SAFE Dividend Stock With 3.1% Yield (IBM) International Business Machines Corp. (Symbol: IBM) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.1% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report. According to the ETF Finder at ETF Channel , International Business Machines Corp. is a member of the iShares S&P 1500 Index ETF ( ITOT ), and is also an underlying holding representing 1.60% of the SPDR S&P Dividend ETF ( SDY ), which holds $241,208,989 worth of IBM shares. International Business Machines Corp. (Symbol: IBM) made the ""Dividend Channel S.A.F.E. 25"" list because of these qualities: S . Solid return - hefty yield and strong DividendRank characteristics; A. Accelerating amount - consistent dividend increases over time; F . Flawless history - never a missed or lowered dividend; E. Enduring - at least two decades of dividend payments. The annualized dividend paid by International Business Machines Corp. is $5.60/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/08/2016. Below is a long-term dividend history chart for IBM, which the report stressed as being of key importance. IBM operates in the Information Technology Services sector, among companies like Accenture plc ( ACN ), and Automatic Data Processing Inc. ( ADP ). Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-01-27,89.5342,90.1554,89.2995,89.7709,"[""Air Products & Chemicals Reports Q1 EPS $1.47 vs $1.48 Est; Revenue $1.88B vs $1.95B Est"", ""Air Products & Chemicals Reports Q1 EPS $1.47 vs $1.48 Est; Revenue $1.88B vs $1.95B Est"", ""Air Products & Chemicals Reports Q1 EPS $1.47 vs $1.48 Est; Revenue $1.88B vs $1.95B Est""]" ADP,2017-01-30,89.6308,90.0322,89.0539,89.9937,"[""USMV, ADP, BDX, PAYX: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $27.5 million dollar outflow -- that's a 0.2% decrease week over week (from 265,900,000 to 265,300,000). Among the largest underlying components of USMV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is off about 0.6%, Becton, Dickinson and Co. (Symbol: BDX) is off about 0.3%, and Paychex Inc (Symbol: PAYX) is lower by about 0.4%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $39.60 per share, with $47.19 as the 52 week high point - that compares with a last trade of $45.61. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Q2 Earnings: What's Up? Automatic Data Processing Inc.ADP is set to release second-quarter fiscal 2017 earnings on Feb 1. In the last quarter, the company reported a positive earnings surprise of 11.69%. Further, we note that the company delivered positive earnings surprises in three of the last four quarters, with an average surprise of 3.81%. Notably, shares of ADP have outperformed the Zacks Outsourcing industry in the last one year. While the industry returned 19.1%, the stock gained 22.6%. Let's see how things are shaping up for this announcement. Factors to Consider ADP holds a dominant position in the payroll processing and human capital management market (HCM), primarily owing to its robust product portfolio. We believe that the company's higher revenue per client and a decent customer retention ratio place it in an advantageous position. However, we expect the company's investments in new initiatives to weigh on its upcoming quarterly earnings. Additionally, uncertainty surrounding IT spending, impact of Affordable Care Act (ACA) reversal and strengthening U.S. dollar are some concerns. Moreover, increasing competition from the likes of Paychex, Equifax Inc. EFX , Insperity, Inc. and TriNet Group are the other factors likely to affect earnings this season. Earnings Whispers? Our proven model does not conclusively show that ADP is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here, as you will see below. Zacks ESP : ADP's Earnings ESP is 0.00%. This is because both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 81 cents per share. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank : ADP carries a Zacks Rank #2, which when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Automatic Data Processing, Inc. Price and EPS Surprise Automatic Data Processing, Inc. Price and EPS Surprise | Automatic Data Processing, Inc. Quote Stocks to Consider Here are some companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter: Applied Optoelectronics AAOI with an Earnings ESP of +15.87% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here . Pure Storage PSTG with an Earnings ESP of +4.17% and a Zacks Rank #2. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equifax, Inc. (EFX): Free Stock Analysis Report Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Pure Storage, Inc. (PSTG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paylocity Holding (PCTY) Q2 Earnings: What's in the Cards? Paylocity Holding CorporationPCTY is set to report second-quarter fiscal 2017 results on Feb 2. Last quarter, the company recorded a positive earnings surprise of 42.9%. Let's see how things are shaping up for this quarter. Factors to Consider We remain positive about Paylocity's regular investments in SaaS technology. Notably, over the past few quarters, clients moving from traditional payroll service providers to the company's SaaS-based services generated a significant portion of Paylocity's revenues. Therefore, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the company's top line. Furthermore, higher adoption of Paylocity's ACA dashboard application, which specializes in tracking employee count, employee status and health care plan affordability, will act as a tailwind. However, competition in the payroll processing sector from new entrants as well as existing players such as Automatic Data Processing, Inc. ADP , Oracle Corp. and SAP SE remains a major headwind. Paylocity Holding Corporation Price and EPS Surprise Paylocity Holding Corporation Price and EPS Surprise | Paylocity Holding Corporation Quote Earnings Whispers Our proven model does not conclusively show that Paylocity Holdingwill beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here, as you will see below. Zacks ESP: Earnings ESP for Paylocity Holdingis 0.00%. This is because both the Most Accurate estimate and the Zacks Consensus Estimate stand at a loss of 8 cents per share. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Paylocity Holding has a Zacks Rank #3, which when combined with an ESP of 0.00%, makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a couple of companies which you may consider, as our model shows that they have the right combination of elements to post an earnings beat this quarter: CVS Health Corp. CVS , with an Earnings ESP of +0.60% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. Moody's Corp. MCO , with an Earnings ESP of +0.89% and a Zacks Rank #3. Zacks' Top Investment Ideas for Long-Term Profit How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Moody's Corporation (MCO): Free Stock Analysis Report CVS Health Corporation (CVS): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Paylocity Holding Corporation (PCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-01-31,89.8409,90.1387,88.9424,89.1398,"Pre-Market Earnings Report for February 1, 2017 : MO, D, ADP, JCI, ANTM, MPC, BAX, PPL, IR, WEC, GIB, MPLX The following companies are expected to report earnings prior to market open on 02/01/2017. Visit our Earnings Calendar for a full list of expected earnings releases. Altria Group ( MO ) is reporting for the quarter ending December 31, 2016. The tobacco company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.67. This value represents a no change for the same quarter last year. MO missed the consensus earnings per share in the 4th calendar quarter of 2015 by -1.47%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for MO is 23.53 vs. an industry ratio of 20.50, implying that they will have a higher earnings growth than their competitors in the same industry. Dominion Resources, Inc. ( D ) is reporting for the quarter ending December 31, 2016. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.00. This value represents a 42.86% increase compared to the same quarter last year. D missed the consensus earnings per share in the 4th calendar quarter of 2015 by -19.54%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for D is 19.75 vs. an industry ratio of 14.20, implying that they will have a higher earnings growth than their competitors in the same industry. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending December 31, 2016. The outsourcing company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.81. This value represents a 12.50% increase compared to the same quarter last year. ADP missed the consensus earnings per share in the 1st calendar quarter of 2016 by -0.85%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ADP is 27.86 vs. an industry ratio of 34.00. Johnson Controls International plc ( JCI ) is reporting for the quarter ending December 31, 2016. The protection safety company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.51. This value represents a 15.91% increase compared to the same quarter last year. In the past year JCI has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for JCI is 16.33 vs. an industry ratio of 19.50. Anthem, Inc. ( ANTM ) is reporting for the quarter ending December 31, 2016. The hmo company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.59. This value represents a 39.47% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ANTM is 14.08 vs. an industry ratio of 19.10. Marathon Petroleum Corporation ( MPC ) is reporting for the quarter ending December 31, 2016. The oil refining company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.25. This value represents a 68.35% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for MPC is 24.55 vs. an industry ratio of 24.20, implying that they will have a higher earnings growth than their competitors in the same industry. Baxter International Inc. ( BAX ) is reporting for the quarter ending December 31, 2016. The medical products company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.52. This value represents a 20.93% increase compared to the same quarter last year. In the past year BAX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 27.27%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for BAX is 24.81 vs. an industry ratio of 13.40, implying that they will have a higher earnings growth than their competitors in the same industry. PPL Corporation ( PPL ) is reporting for the quarter ending December 31, 2016. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.52. This value represents a 20.93% increase compared to the same quarter last year. PPL missed the consensus earnings per share in the 1st calendar quarter of 2016 by -10.67%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for PPL is 14.51 vs. an industry ratio of 14.20, implying that they will have a higher earnings growth than their competitors in the same industry. Ingersoll-Rand plc (Ireland) ( IR ) is reporting for the quarter ending December 31, 2016. The machinery company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.92. This value represents a 2.13% decrease compared to the same quarter last year. In the past year IR has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 9.3%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for IR is 18.94 vs. an industry ratio of 58.80. WEC Energy Group, Inc. ( WEC ) is reporting for the quarter ending December 31, 2016. The electric power utilities company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.62. This value represents a 1.59% decrease compared to the same quarter last year. In the past year WEC has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for WEC is 19.80 vs. an industry ratio of 14.20, implying that they will have a higher earnings growth than their competitors in the same industry. CGI Group, Inc. ( GIB ) is reporting for the quarter ending December 31, 2016. The computer services company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.67. This value represents a 6.35% increase compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for GIB is 17.19 vs. an industry ratio of 27.80. MPLX LP ( MPLX ) is reporting for the quarter ending December 31, 2016. The oil (production/pipeline) company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.21. This value represents a 250.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for MPLX is 86.98 vs. an industry ratio of 13.30, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-02-01,84.755,85.8941,83.0626,84.0667,"[""Earnings Scheduled For February 1, 2017"", ""Automatic Data Processing Reports Q2 EPS $0.87 vs. Est. $0.81, Rev. $3B vs. Est. $3.02B"", ""Automatic Data Processing Sees Adj EPS Growth Of 11-13%"", ""A Peek Into The Markets: U.S. Stock Futures Gain; Apple Beats Q1 Views"", ""Q2 2017 Real-Time Call Brief"", ""Q2 2017 Real-Time Call Brief"", ""A Peek Into The Markets: U.S. Stock Futures Gain; Apple Beats Q1 Views"", ""Automatic Data Processing Sees Adj EPS Growth Of 11-13%"", ""Automatic Data Processing Reports Q2 EPS $0.87 vs. Est. $0.81, Rev. $3B vs. Est. $3.02B"", ""Earnings Scheduled For February 1, 2017"", ""ADP Beats on Q2 Earnings, Revenues Miss; Lowers Guidance Automatic Data Processing Inc.ADP reported second-quarter fiscal 2017 adjusted earnings from continuing operations of $1.13 per share, which beat the Zacks Consensus Estimate of 81 cents and jumped 52.7% on a year-over-year basis. After adjusting for gain on sale of business (27 cents), ADP reported earnings 87 cents per share, which increased 20% from the year-ago quarter. However, revenues of almost $2.99 billion missed the Zacks Consensus Estimate of $3.02 billion but grew 6.4% on a year-over-year basis. Automatic Data Processing, Inc. Price, Consensus and EPS Surprise Automatic Data Processing, Inc. Price, Consensus and EPS Surprise | Automatic Data Processing, Inc. Quote Shares declined 1.23% in pre-market trading . Although ADP (22.9%) has outperformed the Zacks Outsourcing industry (19.9%) in the last one year, we believe that the revenue miss and revised down fiscal 2017 guidance will remain an overhang on the stock in the near term. Quarter Details Employer Services revenues in the quarter increased 4% year over year to $2.31 billion at constant currency. The number of employees on ADP clients' payrolls in the U.S. increased 2.3% on a same-store-sales basis. Client revenue retention was up 10 basis points (bps) on a year-over-year basis. PEO Services revenues surged 12% year over year to $822.9 million. In the quarter, combined worldwide new business bookings for the company declined 5% on a year-over-year basis. New business bookings represent annualized recurring revenues expected from new orders. Interest on funds held for clients in the quarter increased 3% to $92 million. The company's average client funds balance inched up 2% year over year to $20.9 billion in the quarter while average interest yield of 1.8% remained flat on a year-over-year basis. Cost of revenues as percentage of revenues declined 80 bps to 59.2%, primarily due to lower operating expenses (down 50 bps) as well as systems development & programming costs (down 20 bps). As a result, gross margin expanded by the same magnitude on a year-over-year basis to 40.8%. Moreover, selling, general & administrative (SG&A) expense as percentage of revenues declined 90 bps in the reported quarter. Employer Services segment margin increased approximately 150 bps on a year-over-year basis driven by operational efficiencies and slower growth in selling expenses. Further, PEO Services segment margin increased approximately 120 bps in the quarter. ADP exited first-quarter 2017 with cash and cash equivalents (including short-term marketable securities) of approximately $2.71 billion compared with $2.82 billion as on Sep 30, 2016. Long-term debt was approximately $2 billion at the end of the quarter. Acquisition In Jan 2017, ADP acquired The Marcus Buckingham Company for total cash consideration of approximately $70 million and contingent consideration of up to $35 million payable over the next three years on fulfilment of certain conditions. Guidance ADP now anticipates year-over-year revenue growth of 6%, down from previous guidance of 7% to 8% for fiscal 2017. New business bookings are expected to remain flat from fiscal 2016, down from previous growth expectation of 4-6%. ADP continues to expect adjusted earnings to grow 15-17% over fiscal 2016 level. This represents almost 50 bps expansion in adjusted EBIT margin. The company projects Employer Services revenues to grow in the range of 3-4%, down from earlier guidance of 4-5% in fiscal 2017. The company estimates pay per control to increase 2.5% in the year. PEO Services revenues are expected to increase 13% down from earlier guidance range of 14-16% in the year. Additionally, the company expects interest on funds held for clients to increase $15 million or about 4% as compared with earlier guidance of $5-$10 million, or approximately 2-3% over fiscal 2016 level. It is based on estimated growth in average client funds balances of 3% from $22.4 billion in fiscal 2016. Further, the total contribution from client funds extended investment strategy is anticipated to be up $10 million (up from $5 million). Our Take Automatic Data Processing holds a dominant position in the payroll processing and human capital management market, primarily owing to its robust product portfolio. We believe that the company's higher revenue per client and a decent customer retention ratio place it in an advantageous position. However, we expect the company's investments in its new initiatives to weigh on near-term earnings. Moreover, the divestiture of Consumer Health Spending Account (CHSA) and Consolidated Omnibus Reconciliation Act (COBRA) businesses will impact top-line growth in the rest of 2017. In addition, increasing competition from the likes of Paychex, Equifax EFX , Insperity Inc. NSP and TriNet Group Inc. TNET is a major headwind. Zacks Rank Currently, Automatic Data Processing carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn't? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equifax, Inc. (EFX): Free Stock Analysis Report Insperity, Inc. (NSP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report TriNet Group, Inc. (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Rowland & Co Investment Counsel Buys WEC Energy Group, Southern, Bank of Americaoration, ... Rowland & Co Investment Counsel New Purchases: WEC , BAC , SFNC , Added Positions:SO, AMGN, CHD, CMP, EMR, MDP, MON, Reduced Positions:MO, BBBY, ANF, T, COP, INTC, DVN, DUK, CVX, GE, Sold Out:LXK, DO, SHPG, For the details of ROWLAND & CO INVESTMENT COUNSEL's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=ROWLAND+%26+CO+INVESTMENT+COUNSEL These are the top 5 holdings of ROWLAND & CO INVESTMENT COUNSEL Intel Corp ( INTC ) - 308,354 shares, 5.07% of the total portfolio. Shares reduced by 1.35% Coca-Cola Co ( KO ) - 238,555 shares, 4.48% of the total portfolio. Shares added by 0.26% Automatic Data Processing Inc ( ADP ) - 86,471 shares, 4.03% of the total portfolio. Shares reduced by 0.93% Johnson & Johnson ( JNJ ) - 72,629 shares, 3.79% of the total portfolio. Shares reduced by 0.03% The Home Depot Inc ( HD ) - 54,344 shares, 3.3% of the total portfolio. Shares reduced by 0.84% New Purchase: WEC Energy Group Inc (WEC) Rowland & Co Investment Counsel initiated holdings in WEC Energy Group Inc. The purchase prices were between $54.58 and $59.72, with an estimated average price of $57.36. The stock is now traded at around $57.65. The impact to the portfolio due to this purchase was 0.42%. The holdings were 15,813 shares as of 2016-12-31. New Purchase: Bank of America Corporation (BAC) Rowland & Co Investment Counsel initiated holdings in Bank of America Corporation. The purchase prices were between $15.63 and $23.16, with an estimated average price of $19.26. The stock is now traded at around $23.02. The impact to the portfolio due to this purchase was 0.05%. The holdings were 5,306 shares as of 2016-12-31. New Purchase: Simmons First National Corp (SFNC) Rowland & Co Investment Counsel initiated holdings in Simmons First National Corp. The purchase prices were between $48.45 and $66.4, with an estimated average price of $56.25. The stock is now traded at around $60.90. The impact to the portfolio due to this purchase was 0.05%. The holdings were 1,875 shares as of 2016-12-31. Added: Southern Co (SO) Rowland & Co Investment Counsel added to the holdings in Southern Co by 159.31%. The purchase prices were between $46.59 and $51.57, with an estimated average price of $49.13. The stock is now traded at around $48.20. The impact to the portfolio due to this purchase was 0.16%. The holdings were 11,840 shares as of 2016-12-31. Sold Out: Lexmark International Inc (LXK) Rowland & Co Investment Counsel sold out the holdings in Lexmark International Inc. The sale prices were between $39.56 and $40.49, with an estimated average price of $39.99. Sold Out: Diamond Offshore Drilling Inc (DO) Rowland & Co Investment Counsel sold out the holdings in Diamond Offshore Drilling Inc. The sale prices were between $15.42 and $21.08, with an estimated average price of $17.63. Sold Out: Shire PLC (SHPG) Rowland & Co Investment Counsel sold out the holdings in Shire PLC. The sale prices were between $163.77 and $197.7, with an estimated average price of $177.25. Warning! GuruFocus has detected 3 Warning Signs with SO. Click here to check it out. SO 15-Year Financial Data The intrinsic value of SO Peter Lynch Chart of SO Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: CTXS, AAPL In early trading on Wednesday, shares of Apple ( AAPL ) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 5.5%. Year to date, Apple registers a 10.6% gain. And the worst performing Nasdaq 100 component thus far on the day is Citrix Systems ( CTXS ), trading down 20.9%. Citrix Systems is lower by about 19.3% looking at the year to date performance. Two other components making moves today are Automatic Data Processing ( ADP ), trading down 5.3%, and Dish Network Corp ( DISH ), trading up 3.0% on the day. VIDEO: Nasdaq 100 Movers: CTXS, AAPL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Beats on Q2 Earnings Founded in 1949, New Jersey based- Automatic Data Processing Inc.ADP is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves approximately 637K clients across 125 nations. The company reports in three business segments - Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. The Employer Services segment includes human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. On Nov 28, 2016, ADP completed the sale of its Consumer Health Spending Account (CHSA) and Consolidated Omnibus Reconciliation Act (COBRA) businesses for a pre-tax gain of $205 million Automatic Data Processing, Inc. Price Automatic Data Processing, Inc. Price | Automatic Data Processing, Inc. Quote The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. The Dealer Services segment provides integrated dealer management systems, digital marketing solutions and other business management solutions to the automotive, heavy truck, motorcycle, marine, recreational vehicle (RV), and heavy equipment retailers, distributors, and manufacturers. Zacks Rank : Currently, ADP has a Zacks Rank #2 (Buy) but that could change following its second-quarter fiscal 2017 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below: Earnings : ADP's adjusted earnings from continuing operations came in at $1.13 a share, beating the Zacks Consensus Estimate of 81 cents. Earnings also improved 52.7% year over year. Revenues : Revenues of almost $2.99 billion missed the Zacks Consensus Estimate of $3.02 billion but grew 6.4% on a year over year basis. Key Stats : New business bookings declined 5% on a year-over-year basis in the reported quarter. Stock Price : Shares price is down 1.23% in the pre-market trading session. Check back later for our full write up on this ADP earnings report later! Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn't? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Pitney Bowes Inc. (PBI), Sprint Corp (S) and Automatic Data Processing (ADP) Are 3 of Today\u2019s Worst Stocks InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips Stocks got a bullish jump this morning in response to a surprisingly strong January payroll-growth reading from ADP, but the effort fizzled fairly early, and Janet Yellen didn't exactly offer any clarity as to when the next rate-hike may happen (it didn't happen today). By the time the closing bell rang, the S&P 500 ended the session at 2,279.55, up a scant 0.03%. It could have been worse though, and for owners of Pitney Bowes Inc. (NYSE: PBI ), Sprint Corp (NYSE: S ) and Automatic Data Processing (NASDAQ: ADP ), it was worse. Here's why these three names ended the day more in the red than most other losing stocks. Automatic Data Processing (ADP) The good news is, payroll processor Automatic Data Processing topped its second fiscal quarter estimates. The bad news is, the company reeled in its 2017 outlook. Investors were more concerned about the lowered guidance, sending ADP lower to the tune of 5.7% on Wednesday. For the quarter ending in December, Automatic Data Processing earned 87 cents per share on sales of $2.99 billion. The bottom line and top line were both up on a year-over-year basis, and it was considerably better than the profit of 81 cents per share of ADP analysts were expecting. Revenue fell short of the expected top line of $3.02 billion though, and worse, ADP cautioned investors it would only produce sales growth of 6% this year , versus prior sales growth guidance of between 7% and 8%. Sprint Corp (S) The knee-jerk reaction to yesterday morning's earnings report from Sprint was a bullish one. The more time traders had to think about it though, the less they liked what they heard. Tuesday's intraday rollback followed through today, sending S to a loss of 2.4%. 7 Awful Stocks You Need To Ditch Right Away By most accounts, its fiscal third quarter was a victory. The addition of 405,000 postpaid subscribers topped expectations, and the loss of 12 cents per share was a decided improvement on the loss of 21 cents per share of S reported for the same quarter a year earlier. Its full-year outlook was raised too. On a GAAP basis though, investors can't get past the fact that the adjusted free cash flow was a negative $646 million last quarter , and seems to be worsening. The 200% gain over the course of the prior twelve months indicates the market is looking for more - and better - from the turnaround effort by now. Pitney Bowes Inc. (PBI) Finally, office equipment maker Pitney Bowes fell short of its fourth-quarter earnings estimates, and revenue fell rather than grew on a year-over-year basis. For the quarter ending in December, Pitney Bowes earned 53 cents per share on revenue of $887.1 million. Income missed estimates of 58 cents per share of PBI, and the top line was down 5.3% versus the same quarter a year earlier. Sales fell in all but one product category. Worse, Pitney Bowes lowered its 2017 earnings guidance from a range of $1.80 to $1.95 to a range of $1.70 to $1.85. Analysts were calling for 2017 earnings of $1.84 per share of PBI. PBI ended the day down 17.5%. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. More From InvestorPlace 10 Stocks to Buy That Already Make America Great 10 High-Yield Dividend Stocks That Are SOMEHOW Still Bargains The post Why Pitney Bowes Inc. (PBI), Sprint Corp (S) and Automatic Data Processing (ADP) Are 3 of Today's Worst Stocks appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Private-Sector Jobs Hit 246K, Way Above Estimates Wednesday, February 1, 2017 Payroll processing giant ADP ADP has released its January private sector jobs report before the bell this morning, posting a far-better-than-expected 246K new jobs for the month. Consensus expectations had been for 164K. December's total was revised downward by 2000 jobs to 151K, which is the range in which the U.S. labor market had been settling prior to this morning's number. The Services group still rules the roost, with 201K new January jobs in the private sector, whereas Goods brought in 46K. Manufacturing and Mining totals, while not incredibly strong, at least have swung to the positive - 15K and 6K, respectively. Healthcare put up a strong 49K, but the top two sectors were in Professional/Business Services at 71K and Trade/Transportation/Utilities at 63K. Good weather in January can likely take some of this credit. Medium-sized companies (between 50-499 employees) brought in the lion's share with 102K, followed by large companies (500+ employees) at 83K, with Small firms (under 50) picking up the remaining 62K. For years, at least seemingly, it had been small-business hiring which had kept the labor market strong. This looks to be shifting. The ADP report serves as somewhat of a forward indicator toward the monthly non-farm payroll results from the Bureau of Labor Statistics (BLS), which also includes Government jobs and will be released Friday. However, the analyst consensus for the BLS total is 174K as of now, down considerably from today's private-sector results. Historically, the ADP and BLS numbers don't always gibe in the near-term, but upon revisions in future months they tend to track each other pretty consistently. What some economists predict going forward, though, is a labor market that shows increasing difficulties with filling open job positions. This is part of what it means to have an Unemployment rate at around 4.7%. This results in wage growth picking up, which we've also seen some evidence of lately. So the potential problems with finding employees with the skill-sets to fill certain positions - which may be exacerbated by the Trump administration's rather draconian policies regarding immigration reform, in that immigrants traditionally absorb many jobs on the lower levels of the pay-scale - may manifest in a stagnating labor market going forward. Earnings Update Apple AAPL put up Q1 2017 earnings numbers after the bell that were reminiscent of the tech giant's late-era Steve Jobs years, blowing the doors off expectations for iPhone sales in the quarter. After the market closes this afternoon we will see results from social media leader Facebook FB . For a more in-depth analysis, check out this segment from last week's Friday Finish Line: Can Facebook Continue Its Insane Growth? Mark Vickery Senior Editor Click here to follow this author>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Facebook, Inc. (FB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Q2 2017 Real-Time Call Brief"", ""A Peek Into The Markets: U.S. Stock Futures Gain; Apple Beats Q1 Views"", ""Automatic Data Processing Sees Adj EPS Growth Of 11-13%"", ""Automatic Data Processing Reports Q2 EPS $0.87 vs. Est. $0.81, Rev. $3B vs. Est. $3.02B"", ""Earnings Scheduled For February 1, 2017"", ""Stock market closes higher on Fed statement, Apple rally Apple contributes about 50 points to Dow\u2019s advance U.S. stocks rise modestly Wednesday after the Federal Reserve stands pat on interest rates and offers a positive view of the economy, while shares of Apple rally a day after the iPhone maker reported strong earnings.""]" ADP,2017-02-02,84.0499,85.7806,83.8743,85.0135,"[""Recent Selloff In Automatic Data Processing Creates Buying Opportunity"", ""Recent Selloff In Automatic Data Processing Creates Buying Opportunity"", ""ADP Earnings Review: Core Business Segments Drive Revenue, Profits ADP ( ADP ) announced its fiscal Q2 2017 earnings on Wednesday, February 1, reporting a 6% annual increase in net revenues to just under $3 billion The company reported 5% y-o-y growth in payroll processing revenues to $21 billion in the December quarter, a trend consistent over the last few years Similarly, ADP's PEO services (or HR outsourcing and other services) revenues were up 12% over the prior year period to $818 million Steady revenue growth across segments was complemented by a 17% growth adjusted EBIT to $592 million, with the adjusted EBIT margin expanding by almost 2 percentage points to 198% for the quarter Performance Across Revenue Streams ADP has witnessed double digit growth in PEO Services revenues over the last few years, with many employers switching to HR outsourcing as an option As a result, the contribution of PEO Services revenues to the company's top line has increased from 17% in 2010 to 26% in 2016, with revenues growing at early teens in each of the last 7-8 years This trend has continued in fiscal year 2017 for the company, with combined revenues for the first two quarters growing by over 12% y-o-y to $16 billion for the six-month period ended December ADP has reported a corresponding increase in the number of worksite employees in the same period At the end of December, the total number of ADP's worksite employees was around 12% higher than the year-ago period, reaching 452,000 employees We forecast ADP's total worksite employees to increase to almost 480,000 employees by the end of fiscal 2017 and subsequently to almost 600,000 employees by the end of the decade Comparatively, ADP's core payroll processing business grew at high single digits in the early part of this decade While this has slowed down to around 4-5% over the last couple of years, the company has observed a steady growth rate in every quarter in that period ADP has attributed the steady growth to a 1-2% increase in the average fee per client complemented by a 2-3% increase in the number of clients served In the six-month period ended December, ADP's payroll processing revenues were up by 5% to $41 billion We forecast the company to continue to witness consistent growth in this segment in the long run ADP generated around $91 million from interest on client funds, which was only 2% higher on a year-over-year basis The average clients funds balances for the quarter were also around 2% higher on a y-o-y basis to $21 billion The average implied annualized yield on the client funds for the December quarter was roughly flat over the comparable prior year period at 176% Similarly, the average implied annualized yield on client funds for the six-month period ended December was also flat over the comparable prior year period at 177% However, higher interest rates could help improve yields on interest-bearing assets for ADP in the long run For fiscal 2017, ADP expects to sustain revenue growth in both the Payroll Processing & PEO Services businesses The company has given a guidance of mid-single digit growth in Payroll Processing revenues (4-6%) as shown below On the other hand, HR Outsourcing and Other Services segment should continue to witness strength in its service offerings, with a double digit growth in revenues We forecast ADP's adjusted EBITDA margin to improve by over 70 basis points through the year See our full analysis for ADP View Interactive Institutional Research (Powered by Trefis): Global Large Cap | US Mid & Small Cap | European Large & Mid Cap More Trefis Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Heathbridge Capital Management Ltd. Buys Williams-Sonoma, Banco Bilbao Vizcaya Argentaria SA, ... Heathbridge Capital Management Ltd. New Purchases: WSM , SJR , Added Positions: BBVA , DIS, MGA, Reduced Positions:HBM, ROK, TRP, MFC, TXN, CMCSA, ADP, CSCO, TD, TRI, Sold Out:SAN, For the details of Heathbridge Capital Management Ltd.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Heathbridge+Capital+Management+Ltd. These are the top 5 holdings of Heathbridge Capital Management Ltd. Manulife Financial Corp ( MFC ) - 1,656,600 shares, 7.46% of the total portfolio. Shares reduced by 1.76% TransCanada Corp ( TRP ) - 649,750 shares, 7.41% of the total portfolio. Shares reduced by 2.58% Texas Instruments Inc ( TXN ) - 385,000 shares, 7.11% of the total portfolio. Shares reduced by 1.58% Magna International Inc ( MGA ) - 632,160 shares, 6.94% of the total portfolio. Shares added by 1.05% Automatic Data Processing Inc ( ADP ) - 261,950 shares, 6.81% of the total portfolio. Shares reduced by 1.43% New Purchase: Williams-Sonoma Inc (WSM) Heathbridge Capital Management Ltd. initiated holdings in Williams-Sonoma Inc. The purchase prices were between $46.22 and $56.9, with an estimated average price of $50.97. The stock is now traded at around $47.69. The impact to the portfolio due to this purchase was 2.98%. The holdings were 243,200 shares as of 2016-12-31. New Purchase: Shaw Communications Inc (SJR) Heathbridge Capital Management Ltd. initiated holdings in Shaw Communications Inc. The purchase prices were between $19.04 and $20.66, with an estimated average price of $19.87. The stock is now traded at around $21.51. The impact to the portfolio due to this purchase was 0.14%. The holdings were 28,000 shares as of 2016-12-31. Added: Banco Bilbao Vizcaya Argentaria SA (BBVA) Heathbridge Capital Management Ltd. added to the holdings in Banco Bilbao Vizcaya Argentaria SA by 35.75%. The purchase prices were between $5.92 and $7.21, with an estimated average price of $6.57. The stock is now traded at around $6.63. The impact to the portfolio due to this purchase was 1.53%. The holdings were 3,389,400 shares as of 2016-12-31. Sold Out: Banco Santander SA (SAN) Heathbridge Capital Management Ltd. sold out the holdings in Banco Santander SA. The sale prices were between $4.28 and $5.23, with an estimated average price of $4.75. Warning! GuruFocus has detected 1 Warning Sign with BBVA. Click here to check it out. BBVA 15-Year Financial Data The intrinsic value of BBVA Peter Lynch Chart of BBVA Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Forget GW Pharmaceuticals -- These 2 Stocks Are Better Buys Britain's GW Pharmaceuticals (NASDAQ: GWPH) has certainly captured the market's imagination with its cannabidiol drug development platform. Over the past three years, its stock is up by an astounding 1200%: GWPH data by YCharts Although the market's glowing enthusiasm is seemingly based on the repeated clinical success of GW's experimental epilepsy treatment Epidiolex, it's probably safe to say that this high-flying stock is going to have trouble pushing much higher -- at least in the near-term. Backing this assertion, the drugmaker's shares are already trading at close to 17 times next year's projected revenue estimate, and that's assuming a successful regulatory filing for Epidiolex this year. So, if you're on the hunt for biopharma growth stocks with more attractive valuations than GW, I think Acadia Pharmaceuticals (NASDAQ: ACAD) and Sarepta Therapeutics (NASDAQ: SRPT) are definitely worth checking out. Here's why. This battleground stock has momentum on its side Since the launch of its Parkinson's disease psychosis (PDP) drug Nuplazid last May, Acadia has gotten a lot of attention from bulls and bears alike. On the bull side of the debate, Nuplazid appears to be a megablockbuster in the making, with the drug's peak sales estimated to reach upwards of $2 billion. Bears, for their part, believe that Nuplazid's outstanding safety question marks will ultimately slow its commercial uptake in PDP, and its weak Phase 2 results in Alzheimer's disease psychosis (ADP) imply that a pivotal-stage trial is largely unwarranted and perhaps a waste of resources. Personally, I side with the bulls in this particular fight. The first reason is that Nuplazid also produced mixed results in its PDP clinical program, but eventually got the green light from the FDA. While the drug's only mildly significant result in ADP at six weeks ( p-value = 0.0451) don't exactly inspire a whole lot of confidence, it's also important to bear in mind that these types of cognitive disorders are extremely difficult to treat. In other words, there's reason to believe that even a hint of effectiveness may be enough to get a drug on the market for this particular indication. That's not to say that Nuplazid is destined to get a label expansion in ADP that could add another million or so patients to its target market. But I think the doom and gloom certainly needs to be weighed against the current unmet medical need and the exceedingly poor track record of experimental Alzheimer's drugs in general. On the safety front, Nuplazid's better-than-expected commercial launch suggests that doctors are indeed interested in prescribing this novel medication for PDP and that the potential safety issues may be outweighed by its real world benefits. Long story short, I'm cautiously optimistic that Nuplazid's commercial momentum will continue unabated over the next three to four years, putting it on track to reach blockbuster status by perhaps 2021. If true, Acadia's shares are currently trading at a sharp discount relative to Nuplazid's value proposition. Buy this biotech while it's still cheap Shares of the rare disease specialist Sarepta Therapeutics are currently trading well below their 52-week highs at the moment because of the rough start to Exondys 51's commercial launch. SRPT data by YCharts According to a recent investor update, this newly launched Duchenne muscular dystrophy, or DMD, drug, indicated for around 13% of the total DMD patient population, generated only $5.4 million in sales in the fourth quarter of 2016 -- dashing investors' hopes that it would get off to a quick start. The underlying issues are that some payers have balked at the idea of paying for a drug that hasn't proven its effectiveness in a late-stage trial, and it takes time to properly identify the exact types of patients that would benefit from Exondys 51 (i.e., exon 51 amenable patients). As a direct result, the Street's outlook on Exondys' initial penetration rate has essentially bifurcated of late. The bullish estimate, which assumes that these coverage issues will ease as Exondys' commercial launch unfolds, suggests that the drug could haul in around $487 million in sales next year; the bearish figure, on the other hand, falls closer to a mere $66 million. If history is any guide, though, the bullish estimate should turn out to be the more realistic figure. Drugs for rare diseases, after all, tend to show a hockey stick-like uptake due to the necessity of identifying patients via genetic testing, and the need to convince payers to cover medicines that sport jaw-dropping price tags. Exondys 51, for instance, costs a whopping $300,000 per year. Although not without risk, I think Sarepta is a deeply undervalued growth stock based on Exondys' overall commercial opportunity, combined with the stock's steep pullback from its former highs. 10 stocks we like better than Sarepta Therapeutics When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now\u2026 and Sarepta Therapeutics wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of January 4, 2017 George Budwell has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Company News for February 02, 2017 Shares of Ford Motor Company ( F ) declined 0.3% after the company posted fourth quarter earnings per share of $0.30 that missed the Zacks Consensus Estimate of $0.32 Shares of Pitney Bowes Inc. ( PBI ) tanked 17.5% after the company reported fourth-quarter 2016 adjusted earnings of $0.53 per share that fell short of the Zacks Consensus Estimate of $0.58 Shares of Automatic Data Processing ( ADP ) fell 5.7% after the company expects year-over-year revenue growth of 6%, down from previous guidance of 7% to 8% for fiscal 2017 Shares of Arconic Inc ( ARNC ) soared 11.2% after Elliott Management Corp. launched a campaign to shake up the board and management of the aerospace and auto-parts company Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F): Free Stock Analysis Report Pitney Bowes Inc. (PBI): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Arconic Inc. (ARNC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Recent Selloff In Automatic Data Processing Creates Buying Opportunity""]" ADP,2017-02-03,85.7985,85.967,85.1811,85.4987,"[""Paylocity (PCTY) Posts Narrower-than-Expected Loss in Q2 Paylocity Holding CorporationPCTY reported better-than-expected results for the second quarter of fiscal 2017. The company incurred adjusted loss (excluding all one-time income and expenses but including stock-based compensation) of 2 cents per share, narrower than the Zacks Consensus Estimate of a loss of 8 cents. Reported loss was however wider than the year-ago quarter loss of 1 cent. On a GAAP basis, Paylocity posted a loss of 3 cents per share, wider than the year-ago quarter loss of 2 cents. Quarter Details The company's revenues came in at $68.6 million, up 24.4% year over year, and beat the Zacks Consensus Estimate of $67 million. The year-over-over increase was driven by solid sales and operational implementation. The top line was also backed by a 26% surge in recurring revenues, which more than offset a 9.2% decrease in implementation and other revenues. The company's gross margin contracted 60 basis points (bps) year over year to 55.7%, primarily due to higher cost of sales. Paylocity reported operating loss of $1.6 million, higher than a loss of $1.3 million in the year-ago quarter. Consequently, net loss amounted to $1.8 million compared with a loss of $1.2 million in the year-ago period. Paylocity exited the quarter with cash and cash equivalents of $82.2 million compared with $78 million in the previous quarter. Receivables were $2.1 million compared with $1.76 million in the previous quarter. Paylocity has no long-term debt. The company generated $13.5 million of cash flow from operational activities during the quarter. Guidance The company provided outlook for the third quarter and fiscal 2017. For the third quarter of fiscal 2017, Paylocity expects revenues in a range of $87.5 million to $88.5 million. The Zacks Consensus Estimate is pegged at $88 million. Adjusted EBITDA is projected to be in a band of $17-$18 million. Non-GAAP earnings per share are expected to be within 22-24 cents. For fiscal 2017, Paylocity continues to anticipate revenues in a range of $296 million to $298 million. The Zacks Consensus Estimate stands at $297 million. Adjusted EBITDA is now projected to be in a band of $42 million to $43 million (previously $37.5 million to $39.5 million). Non-GAAP earnings per share are now expected within 41 cents to 43 cents (previously 22-40 cents). Share Price Over the past one year, shares of Paylocity have decreased 7.9%, underperforming the Zacks Categorized Internet-Software industry, which gained 11%. Our Take Paylocity reported better-than-expected second-quarter results. The company also provided a modest third-quarter and fiscal guidance. We remain positive about Paylocity's regular investments in SaaS technology. Notably, over the past few quarters, clients moving from traditional payroll service providers to the company's SaaS-based services generated a significant portion of Paylocity's revenues. Therefore, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the company's top line over the long run. Such initiatives are also likely to have a positive impact on its forthcoming results. Furthermore, higher adoption of Paylocity's ACA dashboard application, which specializes in tracking employee count, employee status and health care plan affordability, will act as a tailwind. However, competition in the payroll processing sector from new entrants as well as existing players such as Automatic Data Processing, Inc. ADP , Oracle Corporation ORCL and SAP SE SAP remains a major headwind. Currently, Paylocity has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . The Best Place to Start Your Stock Search Today, you are invited to download the full list of 220 Zacks Rank #1 \""\""Strong Buy\""\"" stocks - absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 \""\""Strong Sells\""\"" and other private research. See these stocks free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Oracle Corporation (ORCL): Free Stock Analysis Report SAP SE (SAP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Paylocity Holding Corporation (PCTY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Cuts Full-Year Outlook Automatic Data Processing (NASDAQ: ADP) reported second-quarter financial results on Feb. 1. The leading provider of human capital management services delivered solid profit growth, but management warned that new business bookings would be lower than previously expected in the year ahead. ADP results: The raw numbers Data Source: ADP Q2 2017 earnings press release . What happened with ADP this quarter? Revenue rose 6% year over year, to $3 billion, and 7% on a constant-dollar basis. However, worldwide new business bookings fell 5%. CFO Jan Siegmund said that the decline was driven by \""an elevated level of buyer uncertainty around the November U.S. elections,\"" as well as difficult comparisons to fiscal 2016 results that were boosted by sales related to the Affordable Care Act. \""While below our expectations for the second quarter, we believe this new business bookings pressure will begin to subside as the year progresses,\"" said Siegmund in a press release. Employer services, which includes ADP's human resources and outsourcing businesses, saw revenue increase 4%, to $2.3 billion, with the number of employees on ADP clients' payrolls in the U.S. increasing 2.3%. Client revenue retention improved 10 basis points year over year, and segment margin increased 150 basis points, to 29.5%, due mainly to improved operational efficiencies. That helped drive employer-services earnings from continuing operations higher by 10%, to $682 million. PEO services, which is ADP's co-employment division, delivered a 12% increase in revenue, to $823 million. Average worksite employees paid increased 12%, to approximately 452,000. And PEO services earnings from continuing operations leapt 22%, to $115 million, as segment margin improved by 120 basis points, to 13.9%. All told, ADP's pre-tax earnings -- adjusted for gains related to the sale of a business and other special items -- increased 17% year over year, to $593 million, with pre-tax margin improving 180 basis points, to 19.8%. And adjusted earnings per share from continuing operations, which benefited from the $422 million in share buybacks ADP conducted during the quarter, jumped 20%, to $0.87. Looking forward ADP cut its fiscal 2017 sales and bookings guidance in response to its second-quarter results, including: Full-year revenue growth of 6% compared to its prior forecast of 7% to 8% growth. Worldwide new business bookings similar to the $1.75 billion sold in fiscal 2016 versus previous projections for growth of 4% to 6%. ADP did, however, reiterate its guidance for adjusted diluted earnings-per-share growth of 11% to 13%. \""Despite the recent uncertainty in the U.S. business environment, we continue to believe that change will be beneficial to us, as we are well-positioned to help our clients navigate the complexities of HCM [human capital management],\"" said CEO Carlos Rodriguez during a conference call with analysts. \""I remain confident in ADP's future and in the success of our strategic initiatives.\"" 10 stocks we like better than Automatic Data Processing When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Automatic Data Processing wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of January 4, 2017 Joe Tenebruso has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Zacks Analyst Blog Highlights: Eli Lilly, Aetna, Automatic Data Processing, Dollar General and Sprint For Immediate Release Chicago, IL - February 03, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Eli Lilly (NYSE: LLY - Free Report ), Aetna (NYSE: AET - Free Report ), Automatic Data Processing (NASDAQ: ADP - Free Report ), Dollar General (NYSE: DG - Free Report ) and Sprint (NYSE: S - Free Report ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Thursday's Analyst Blog: Q4 Scorecard and Analyst Reports for Friday: LLY, ADP, AET The Zacks Research Daily features the best output of our research team every day. In today's write-up, we are featuring analyst reports on 16 major stocks, including reports on Eli Lilly (NYSE: LLY - Free Report ), Aetna (NYSE: AET - Free Report ) and Automatic Data Processing (NASDAQ: ADP - Free Report ). These stock research reports have been hand-picked from the 70 or so reports published by our analyst team today. You can see all of today's research reports here >> In addition to these stock research reports, we are also giving you a real-time scorecard of the ongoing Q4 earnings season. We take pride in closely monitoring each and every earnings report and presenting our analysis of emerging trends in the weekly Earnings Trends and Earnings Preview reports. Our latest Earnings Preview report is: 4 Things to Know About the Q4 Earnings Season Q4 Earnings Scorecard We crossed the halfway mark in the Q4 earnings season this morning, with results from 258 S&P 500 members, or 51.5% of the index's total membership, already out. Total earnings for the 258 index members that have reported results already are up +7.3% on +3.8% higher revenues, with 68.6% beating EPS estimates and 54.3% beating revenue estimates. This is better earnings and revenue growth performance than we have seen from this group of 258 S&P 500 members in other recent periods, even after adjusting for the strong growth from the Finance sector. The proportion of companies beating EPS and revenue estimates, however, is tracking below other recent periods. Looking at Q4 as a whole, combining the actual results from the 258 index members with estimates from the still-to-come 242 companies, total earnings are expected to be up +6.6% from the same period last year on +4% higher revenues. This is the best earnings and revenue growth pace in two years. Importantly, estimates for the current period (2017 Q1) are holding up fairly well; they are coming down, but not at the pace as would typically expected. All of this should help add to confidence in market expectations for the current and following quarters when growth is expected to notably ramp up. Today's Featured Research Reports Pharmaceutical stocks have been under pressure since last year on pricing and regulatory concerns and Eli Lily shares have been no different. Lilly's fourth-quarter results were mixed with earnings missing estimates but revenues coming out ahead. But the analyst is encouraged by the fact that Lilly expects to launch 20 new products in a 10 year time-frame ranging from 2014 to 2023 and could launch at least 2 new indications/line extensions on average every year. Moreover, Lilly expects to return to annual dividend increases and to return excess cash through share buybacks. (You can read the full research report on Eli Lilly here >> ) Aetna shares performed strongly following the November election, as did most of the HMO stocks, but the stock has underperformed the peer group since early December on disappointments over the Humana deal. Aetna's Q4 results came in better than expected, but the company continues to struggle in the public exchanges and membership growth remains under pressure. Rising medical benefit ratios and cessation of share buybacks are some of the other negatives in the Aetna story. On the positive side, the analyst points to the company's long-term growth potential from the government business, management's cost-reduction initiatives and a strong balance sheet. (You can read the full research report on Aetna here >> ) ADP shares have gained 16% over the last one year, underperforming the Zacks outsourcing industry, which has gained 19.2% over the same period. ADP reported mixed fiscal second quarter results with earnings surpassing expectations and revenues falling short of estimates. But the analyst likes ADP's dominant position in the payroll processing and human capital management market, primarily due to its robust product portfolio. However, uncertainty over the repeal of ACA and the U.S. business environment post the elections affected second-quarter results. These factors are expected to impact new business bookings, which the company now anticipates to remain flat from fiscal 2016. (You can read the full research report on ADP here >> ) Other noteworthy reports we are featuring today include Dollar General (NYSE: DG - Free Report ) and Sprint (NYSE: S - Free Report ). Free Access: All Zacks Research Starting today, you are invited to download in-depth analysis reports covering more than 1,000 of the most widely followed stocks. Valued at $25 each, they are yours to consult over the next 30 days absolutely free. They feature sensitive Zacks Rank information on each stock that you won't find anywhere else. See the reports free >> Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>. Get the full Report on LLY - FREE Get the full Report on ADP - FREE Get the full Report on AET - FREE Get the full Report on DG - FREE Get the full Report on S - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com/ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Eli Lilly and Company (LLY): Free Stock Analysis Report Aetna Inc. (AET): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Sprint Corporation (S): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Athenahealth, Inc. Reports Slowing, but Solid, Growth in Q4 The third quarter of 2016 was a blowout for athenahealth (NASDAQ: ATHN) . Earnings more than doubled year over year. The healthcare technology company announced its fourth-quarter results after the market closed on Thursday. This time around, Athenahealth's numbers were good -- but its growth cooled off somewhat. Here are the highlights. Athenahealth results: The raw numbers Data Source: Athenahealth. What happened with Athenahealth this quarter? Most companies wouldn't complain about sales growth of nearly 12%. However, Athenahealth is accustomed to much higher growth rates. Despite the slowdown, the company still posted strong earnings growth, thanks primarily to an improved gross margin. Athenahealth yet again posted solid numbers for its three major product lines: 1,366 net new additional physicians and 2,226 net new additional providers using athenaCollector. 1.537 net new additional physicians and 2,288 net new additional providers using athenaClinicals. 2,009 net new additional physicians and 3,074 net new additional providers using athenaCommunicator. A major achievement in the fourth quarter by the company was partnering with Automatic Data Processing to deliver payroll and time and attendance services to the small hospital market. The two companies agreed to integrate ADP's Workforce Now payroll and time and attendance solutions with Athenahealth's athenaOne system for hospitals and health systems. What management had to say Athenahealth CEO Jonathan Bush said, \""Our expanding network now connects care across nearly 88,000 providers, nearly 86 million patients, and over 143,000 network endpoints. And as the largest network in healthcare, our data-driven insights combined with our highly efficient and scalable back office work enables our clients to focus on the health of their patients, not paperwork, expand their market share, and get paid more, faster.\"" Bush added: \""Today, we are more confident than ever about our ability to achieve our vision of building the healthcare internet. Our increasing depth and breadth of product management, technical design and development expertise, combined with our increasing bandwidth to focus on our own strategy versus the government mandates of recent years, should make us even more productive in 2017 as we deepen our services and build out our unique network.\"" Looking forward Athenahealth reaffirmed the 2017 guidance previously announced in December. The company expects 2017 revenue of $1.29 billion to $1.33 billion. GAAP (generally accepted accounting principles) operating income for the year is projected to be between $61 million and $81 million. Athenahealth anticipates non-GAAP adjusted operating income of $170 million to $190 million. The boom days experienced during the rush by physicians and hospitals to implement electronic health-record systems to receive financial incentives offered in the HITECH Act are over. Athenahealth's path to growth is to capture more market share among physician groups, and expand aggressively into the hospital market. The company is actively working to accomplish both of these goals. Perhaps the biggest risk for Athenahealth lies less with its core business and more with its stock. Shares trade at a premium -- over 270 times trailing 12-month earnings and more than 52 times forward earnings. Athenahealth needs sustained high sales growth and earnings growth to keep its stock momentum going. 10 stocks we like better than athenahealth When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and athenahealth wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of January 4, 2017 Keith Speights has no position in any stocks mentioned. The Motley Fool recommends athenahealth and Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ClearBridge Mutual Fund Manager Sticks To Stocks With Rising Dividends Michael Clarfeld has helped steer $5.6 billion ClearBridge Dividend Strategy Fund ( SOPAX ) to solid performance by pursing high-quality stocks that provide price appreciation with improving dividends. The fund he co-manages has returned an average annual 8.89% in the three years ended Jan. 31 , topping 80% of the diversified income-oriented stock mutual funds tracked by Morningstar Inc. The fund's 12-month trailing dividend yield is 1.12%. His bull's-eye is dividend growth, not high dividends. He and co-managers Harry Cohen and Peter Vanderlee favor stocks that are financially healthy enough to pay dividends that rise. They avoid those with yields that are inflated either by companies desperately trying to attract investors or by falling share prices. The bonus is that the financial strength that provides a launchpad for dividend growth inoculates stocks against the risks of a rising interest rate environment, he says. \""Stretching for yield is risky,\"" he warns. \""Dividend growth is the place to be. That growth can offset the negatives of rising rates.\"" Dividends can be shock-absorbers, smoothing investors' rides during market turmoil. Yet their stock holdings still offer the potential of price gains, the thinking goes. Just look at some of his fund's holdings. Among the fund's four holdings with the highest Composite Ratings from IBD , Texas Instruments ( TXN ) is up 43% in the past 12 months ended Jan. 31; it has an annual dividend growth rate of 15.3% in the past three years, according to dividend.com. JPMorgan Chase ( JPM ) is up 42%; its dividend growth rate is 10.6%. Automatic Data Processing ( ADP ) is up 22%; its dividend growth rate is 6.8%. UnitedHealth Group ( UNH ) is up 41%; its dividend growth rate is 31.2%. IBD'S TAKE:UnitedHealth is No. 1 in IBD's Medical-Medical Care industry group. To see how the company's growth metrics - like its strong 87 IBD Composite Rating and four straight years of earnings per share (EPS) growth - stack up against its rivals, visit IBD Stock Checkup . That volatility antidote of dividend-paying stocks might come in handy sooner rather than later. The market has traded sideways since mid-December as investors wait to see how the newly installed president's policies play out and whether a Republican-controlled Congress makes good on the business friendly actions investors expect from it. Stocks offering dividend growth also might fare better than bonds if the Federal Reserve makes good on its signals that it intends to raise rates multiple times this year. From his office in Manhattan, 39-year-old Clarfeld talked with IBD about whether it's wise to own a dividend-paying portfolio in a rising rate environment and his fund's overall investment approach. IBD: Do you ever give in to temptation and buy high-yield stocks? Clarfeld: If you buy only stocks with high current dividends, you miss out on some good stocks. We own American Tower (AMT), for instance, which is a wonderful business. (Its share price is up 34% since the end of 2012. Its dividend yield is 2.2%.) But it only began to pay dividends in 2012. So you have to be open-minded. We used to own Heinz (now part of KraftHeinz (KHC)). Several years ago it was much easier to find great companies with solid growth and high dividends like Heinz. But then it got taken over. We couldn't find a replacement that was as good a company with a good growth rate and a high current yield, so we ended up tilting more toward dividend growth and a little less toward high current yield as the impacts of quant easing became more pronounced over the last many years. IBD: Dividend growers are among the most stable companies. Why not buy shares in them directly and avoid a fund's expenses? Clarfeld: There are a couple of reasons. One is diversification. It would not be particularly efficient for an individual to buy 4o to 50 stocks. The broker commissions would add up. And the average person who has a job and a family does not have time to follow 50 different companies, industries, competitors and figure out which to buy, the correct time to buy, and so on. IBD: You began a stake in JPMorgan Chase ( JPM ) not long ago, but well before its recent Trump bump. What's your thesis? Clarfeld: We bought it early in the year when it was yielding north of 3%. (Yield now is 2.3%.) Pre-election, there was so much investor fatigue toward large banks, prices were very beaten down. And the prospect of interest rates going up, it seemed like it would never happen. And it seemed like regulatory pressures would persist forever. We just thought the valuation was too pessimistic. And JPMorgan has lots of franchises that are valuable. IBD:Texas Instruments' ( TXN ) earnings per share growth has accelerated for four straight quarters. What's driving it? Clarfeld: We like their emphasis on analog chips. If you think about Texas vs. Intel (INTC), which we also own, Intel makes the brains of computers. They are high performance, high dollar value. Texas focuses on the other end of the spectrum. Their chips sell for 10 to 20 cents. They are basic but high quality. And they're attractive because they are the largest player in that space. Anyone designing a new alarm clock or refrigerator or car and needs basic chips knows that Texas Instruments has them. And once those chips are designed into something, it rarely changes. So they provide a recurring revenue stream like an annuity. High performance chips require huge R&D spending. Texas Instruments' chips are much less capital intensive. So they can direct 100% of their free cash flow to shareholders. IBD:Automatic Data Processing ( ADP ) got a nice Trump bump. But you've owed this for years, right? Clarfeld: It's been a core holding for 10-plus years. It's a business we think can compound earnings for years. And payroll processing provides recurring revenues. Once you get a company's payroll, the business is sticky. This company benefits from job growth in the economy. It is taking share. And it provides ancillary services. They help companies deal with Affordable Care Act compliance, although a potential repeal or replacement is now a risk for them. Still, the ACA is not a core driver of this business. And recently it's benefited like a lot of financials from rising interest rates. They earn a float on payrolls they handle. Rising rates mean that float will increase. IBD: You reopened your stake in Alphabet (GOOG) after closing it. What brought you back? Clarfeld: We're a dividend portfolio. We don't go looking for nondividend-payers, but we don't want to be overly dogmatic. We wanted this exposure and there is no other way to get it. Over the past 10 years, we've owned three nondividend-payers: Apple (AAPL), Berkshire Hathaway (BERKB) and Alphabet. There is no search company like Google. There is no company like Berkshire Hathaway, which won't initiate a dividend while Warren Buffett is alive. After he's gone, who knows? And we think Alphabet will likely initiate a dividend in the future. We're not forecasting that, but we think they will. IBD: You trimmed your Waste Management (WM) stake. Why is that? Clarfeld: Actually, it's an example of a business we like. The business is stable and predictable. It's cyclical with the economy. There's been enough consolidation to make the industry rational. In fact, they've been able to drive prices higher despite a relatively weak economy. We have trimmed some just on valuation. IBD: What distinguishes Walt Disney (DIS) from other media names? Clarfeld: Their ability to create properties and then monetize them. They make movies, then turn it into a theme park attraction and then sell merchandise from it to kids. They show an ability to do that in a way few other companies can. And they own ESPN, which is dominant in sports. The biggest piece of ESPN is monthly subscription income, not advertising, and their paid subscribers are growing. So their revenue is stable and predictable. They have multiyear contracts with (cable) systems, with built-in (price) escalators. IBD : Is Home Depot (HD) a play on an expected pickup in economic growth? Clarfeld: What we like about it is not what's going to happen to the economy in 2017. We don't own a lot of retailers because they're hard to understand. And they have a fashion element, which can become unpopular suddenly. Home Depot is not like that. They're not trying to call a fashion fad. And they don't need to spiff up their stores, which are warehouses. It took a huge step down in the financial crisis. We bought it back then. Our cost basis is below 30. (Now it's trading around the high 130s.) It's a play on people spending on their homes. IBD:UnitedHealth Group ( UNH ) has trended higher since the election. Is this a play on the expectation of reduced health care regulation? Clarfeld: They have diversified their operations. The stock has done well because people expect reform or changes under the new administration that will be market based. Company management is very commercially oriented. RELATED: Where Vanguard's CEO McNabb Sees Fund Giant Headed In 2017 Where Mutual Fund Bigwigs Expect To See Stocks Gains In 2017 After 2016 Ends On Strong Note For Mutual Funds, What's Ahead For 2017 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-02-06,85.327,85.6771,84.7904,85.1446,"[""Jim Cramer Gives His Opinion On ADP And Oclaro"", ""Jim Cramer Gives His Opinion On ADP And Oclaro"", ""ADP Crosses Above Average Analyst Target In recent trading, shares of Automatic Data Processing Inc. (Symbol: ADP) have crossed above the average analyst 12-month target price of $96.42, changing hands for $96.87/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher - if things are looking up for the company, perhaps it is time for that target price to be raised. There are 12 different analyst targets contributing to that average for Automatic Data Processing Inc., but the average is just that - a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $70.00. And then on the other side of the spectrum one analyst has a target as high as $115.00. The standard deviation is $14.093. But the whole reason to look at the average ADP price target in the first place is to tap into a \""wisdom of crowds\"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with ADP crossing above that average target price of $96.42/share, investors in ADP have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $96.42 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Automatic Data Processing Inc.: The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on ADP - FREE . 10 ETFs With Most Upside To Analyst Targets \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Jim Cramer Gives His Opinion On ADP And Oclaro""]" ADP,2017-02-07,85.1712,85.4917,84.6504,84.9858,"[""Post-Election Uncertainty Not Likely A Headwind For Ultimate Software"", ""Post-Election Uncertainty Not Likely A Headwind For Ultimate Software"", ""USMV, ADP, BDX, SYK: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $156.0 million dollar outflow -- that's a 1.3% decrease week over week (from 265,000,000 to 261,600,000). Among the largest underlying components of USMV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is off about 0.6%, Becton, Dickinson and Co. (Symbol: BDX) is up about 0.5%, and Stryker Corp. (Symbol: SYK) is higher by about 0.1%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $39.60 per share, with $47.19 as the 52 week high point - that compares with a last trade of $45.96. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Hall Capital Management Co Inc Buys Welltower, Waste Management, Realtyome, Sells Wells Fargo, ... Hall Capital Management Co Inc New Purchases: HCN , BBT , NEE , CSX, XLK, GOOGL, YUMC, SPY, FB, BRK.A, Added Positions:WM, O, XOM, MMM, JPM, GE, T, UTX, UNP, SLB, Reduced Positions:CVS, COST, EMR, NVS, ABT, ADP, MDLZ, WBA, SBUX, KMB, Sold Out:WFC, SRCL, RDS.A, CHL, STT, VFC, ORCL, BNS, BA, FCPT, For the details of HALL CAPITAL MANAGEMENT CO INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=HALL+CAPITAL+MANAGEMENT+CO+INC These are the top 5 holdings of HALL CAPITAL MANAGEMENT CO INC Microsoft Corp ( MSFT ) - 68,188 shares, 4.14% of the total portfolio. Shares added by 11.04% Johnson & Johnson ( JNJ ) - 35,684 shares, 4.01% of the total portfolio. Shares reduced by 2.29% Automatic Data Processing Inc ( ADP ) - 39,270 shares, 3.94% of the total portfolio. Shares reduced by 6.73% Exxon Mobil Corp ( XOM ) - 43,546 shares, 3.84% of the total portfolio. Shares added by 38.94% Paychex Inc ( PAYX ) - 57,639 shares, 3.42% of the total portfolio. Shares added by 4.04% New Purchase: Welltower Inc (HCN) Hall Capital Management Co Inc initiated holdings in Welltower Inc. The purchase prices were between $61.01 and $73.79, with an estimated average price of $66.24. The stock is now traded at around $65.87. The impact to the portfolio due to this purchase was 1.64%. The holdings were 25,077 shares as of 2016-12-31. New Purchase: BB&T Corp (BBT) Hall Capital Management Co Inc initiated holdings in BB&T Corp. The purchase prices were between $37.43 and $47.71, with an estimated average price of $42.54. The stock is now traded at around $46.39. The impact to the portfolio due to this purchase was 1.04%. The holdings were 22,612 shares as of 2016-12-31. New Purchase: NextEra Energy Inc (NEE) Hall Capital Management Co Inc initiated holdings in NextEra Energy Inc. The purchase prices were between $112.95 and $128, with an estimated average price of $119.51. The stock is now traded at around $124.33. The impact to the portfolio due to this purchase was 0.37%. The holdings were 3,220 shares as of 2016-12-31. New Purchase: CSX Corp (CSX) Hall Capital Management Co Inc initiated holdings in CSX Corp. The purchase prices were between $30.17 and $37.27, with an estimated average price of $33.63. The stock is now traded at around $47.68. The impact to the portfolio due to this purchase was 0.31%. The holdings were 8,835 shares as of 2016-12-31. New Purchase: SPDR Select Sector Fund - Technology (XLK) Hall Capital Management Co Inc initiated holdings in SPDR Select Sector Fund - Technology. The purchase prices were between $46.02 and $49.17, with an estimated average price of $47.75. The stock is now traded at around $50.92. The impact to the portfolio due to this purchase was 0.3%. The holdings were 6,424 shares as of 2016-12-31. New Purchase: Alphabet Inc (GOOGL) Hall Capital Management Co Inc initiated holdings in Alphabet Inc. The purchase prices were between $753.22 and $835.74, with an estimated average price of $799.67. The stock is now traded at around $829.23. The impact to the portfolio due to this purchase was 0.28%. The holdings were 356 shares as of 2016-12-31. Added: Waste Management Inc (WM) Hall Capital Management Co Inc added to the holdings in Waste Management Inc by 388.52%. The purchase prices were between $61.7 and $71.14, with an estimated average price of $66.88. The stock is now traded at around $69.90. The impact to the portfolio due to this purchase was 1.31%. The holdings were 23,840 shares as of 2016-12-31. Added: Realty Income Corp (O) Hall Capital Management Co Inc added to the holdings in Realty Income Corp by 168.74%. The purchase prices were between $53.49 and $65.38, with an estimated average price of $57.92. The stock is now traded at around $60.15. The impact to the portfolio due to this purchase was 1.16%. The holdings were 32,880 shares as of 2016-12-31. Added: Exxon Mobil Corp ( XOM ) Hall Capital Management Co Inc added to the holdings in Exxon Mobil Corp by 38.94%. The purchase prices were between $83.32 and $92.58, with an estimated average price of $87.38. The stock is now traded at around $82.77. The impact to the portfolio due to this purchase was 1.08%. The holdings were 43,546 shares as of 2016-12-31. Added: 3M Co (MMM) Hall Capital Management Co Inc added to the holdings in 3M Co by 65.73%. The purchase prices were between $164.25 and $179.64, with an estimated average price of $172.58. The stock is now traded at around $175.76. The impact to the portfolio due to this purchase was 0.96%. The holdings were 13,930 shares as of 2016-12-31. Added: JPMorgan Chase & Co (JPM) Hall Capital Management Co Inc added to the holdings in JPMorgan Chase & Co by 41.77%. The purchase prices were between $66.51 and $87.13, with an estimated average price of $76.26. The stock is now traded at around $86.72. The impact to the portfolio due to this purchase was 0.9%. The holdings were 36,250 shares as of 2016-12-31. Added: General Electric Co (GE) Hall Capital Management Co Inc added to the holdings in General Electric Co by 69.66%. The purchase prices were between $28.28 and $32.25, with an estimated average price of $30.31. The stock is now traded at around $29.56. The impact to the portfolio due to this purchase was 0.87%. The holdings were 69,009 shares as of 2016-12-31. Sold Out: Wells Fargo & Co (WFC) Hall Capital Management Co Inc sold out the holdings in Wells Fargo & Co. The sale prices were between $43.75 and $57.29, with an estimated average price of $50.28. Sold Out: Stericycle Inc (SRCL) Hall Capital Management Co Inc sold out the holdings in Stericycle Inc. The sale prices were between $71.61 and $80.09, with an estimated average price of $75.51. Sold Out: Royal Dutch Shell PLC (RDS.A) Hall Capital Management Co Inc sold out the holdings in Royal Dutch Shell PLC. The sale prices were between $48.78 and $54.56, with an estimated average price of $51.5. Sold Out: China Mobile Ltd (CHL) Hall Capital Management Co Inc sold out the holdings in China Mobile Ltd. The sale prices were between $51.92 and $63.12, with an estimated average price of $56.18. Sold Out: State Street Corp (STT) Hall Capital Management Co Inc sold out the holdings in State Street Corp. The sale prices were between $68.63 and $81.44, with an estimated average price of $75.27. Sold Out: VF Corp (VFC) Hall Capital Management Co Inc sold out the holdings in VF Corp. The sale prices were between $53.07 and $58.05, with an estimated average price of $55.07. Warning! GuruFocus has detected 6 Warning Signs with WM. Click here to check it out. WM 15-Year Financial Data The intrinsic value of WM Peter Lynch Chart of WM Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Post-Election Uncertainty Not Likely A Headwind For Ultimate Software""]" ADP,2017-02-08,84.897,85.6672,84.7737,85.2442, ADP,2017-02-09,85.4098,86.4868,85.0055,86.1851, ADP,2017-02-10,86.2295,86.76,86.0184,86.3369,"[""Will Insperity's (NSP) Earnings Spring a Surprise in Q4? Insperity, Inc. NSP is set to report fourth-quarter 2016 results on Feb 13. Though the company reported a positive earnings surprise of 4.76% last quarter, it has an average negative earnings surprise of 8.01% over the trailing four quarters. Let's see how things are shaping up for this announcement. Factors to Consider The company is well placed to benefit from the booming professional employer organization (PEO) industry, strong client retention and growth in worksite employees in the long run. However, a sluggish global macro environment increases the risk of headcount reductions at client companies. An increase in health care costs does not bode well for Insperity as well as it is one of the major components of operating expenses. Furthermore, increasing competition from the likes of Automatic Data Processing Inc. ADP and TriNet Group, Inc. remain concerns. For the fourth quarter of 2016, Insperity projects adjusted earnings in a range of 52 cents to 57 cents a share. Adjusted EBITDA is projected to be in a range of $22.5 million to $24.5 million and average worksite employees (WSEs) are expected in a range of 173,000-173,750, representing growth of 13% to 13.5%. Insperity, Inc. Price and EPS Surprise Insperity, Inc. Price and EPS Surprise | Insperity, Inc. Quote Earnings Whispers Our proven model does not conclusively show that Insperity is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP : Insperity currently has a 0.00% ESP because both the Most Accurate estimate and the Zacks Consensus Estimate stand at 42 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank : Insperity has a Zacks Rank #3, which when combined with a 0.00% ESP, makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a couple of stocks that, as per our model, have the right combination of elements to post an earnings beat this quarter: NICE Ltd. NICE has an Earnings ESP of +1.94% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here . GoDaddy Inc. GDDY with an Earnings ESP of +12.50% and a Zacks Rank #3 Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn't? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nice Systems Ltd. (NICE): Free Stock Analysis Report Insperity, Inc. (NSP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report GoDaddy Inc. (GDDY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Van Strum & Towne Inc. Buys Charles Schwab, Bank of Americaoration, 3M Co, Sells Eaton ... Van Strum & Towne Inc.Charles Schwab New Purchases: SCHW , BAC , MMM , USB, DOW, UNH, Added Positions:VOO, VTI, VOD, MRK, Reduced Positions:GILD, POT, MSFT, XOM, SRCL, MDR, MAR, JWN, EMR, NVS, Sold Out:EXG, ASIX, For the details of VAN STRUM & TOWNE INC.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=VAN+STRUM+%26+TOWNE+INC. These are the top 5 holdings of VAN STRUM & TOWNE INC. Microsoft Corp ( MSFT ) - 147,474 shares, 5.8% of the total portfolio. Shares reduced by 1.11% Automatic Data Processing Inc ( ADP ) - 77,545 shares, 5.04% of the total portfolio. Shares reduced by 0.52% Walt Disney Co ( DIS ) - 59,713 shares, 3.94% of the total portfolio. Shares reduced by 0.59% Amgen Inc ( AMGN ) - 40,257 shares, 3.72% of the total portfolio. Shares reduced by 0.71% Schlumberger Ltd ( SLB ) - 67,639 shares, 3.59% of the total portfolio. Shares reduced by 0.62% New Purchase: Charles Schwab Corp (SCHW) Van Strum & Towne Inc. initiated holdings in Charles Schwab Corp. The purchase prices were between $30.9 and $40.47, with an estimated average price of $35.73. The stock is now traded at around $40.10. The impact to the portfolio due to this purchase was 0.16%. The holdings were 6,200 shares as of 2016-12-31. New Purchase: Bank of America Corporation (BAC) Van Strum & Towne Inc. initiated holdings in Bank of America Corporation. The purchase prices were between $15.63 and $23.16, with an estimated average price of $19.26. The stock is now traded at around $23.18. The impact to the portfolio due to this purchase was 0.14%. The holdings were 9,800 shares as of 2016-12-31. New Purchase: US Bancorp (USB) Van Strum & Towne Inc. initiated holdings in US Bancorp. The purchase prices were between $42.66 and $52.54, with an estimated average price of $47.55. The stock is now traded at around $53.82. The impact to the portfolio due to this purchase was 0.14%. The holdings were 4,209 shares as of 2016-12-31. New Purchase: 3M Co (MMM) Van Strum & Towne Inc. initiated holdings in 3M Co. The purchase prices were between $164.25 and $179.64, with an estimated average price of $172.58. The stock is now traded at around $179.39. The impact to the portfolio due to this purchase was 0.14%. The holdings were 1,260 shares as of 2016-12-31. New Purchase: UnitedHealth Group Inc (UNH) Van Strum & Towne Inc. initiated holdings in UnitedHealth Group Inc. The purchase prices were between $133.92 and $163.94, with an estimated average price of $149.38. The stock is now traded at around $161.00. The impact to the portfolio due to this purchase was 0.13%. The holdings were 1,325 shares as of 2016-12-31. New Purchase: Dow Chemical Co (DOW) Van Strum & Towne Inc. initiated holdings in Dow Chemical Co. The purchase prices were between $51.86 and $59.08, with an estimated average price of $54.99. The stock is now traded at around $61.01. The impact to the portfolio due to this purchase was 0.13%. The holdings were 3,645 shares as of 2016-12-31. Sold Out: Eaton Vance Tax-Managed Global Diversified Equity (EXG) Van Strum & Towne Inc. sold out the holdings in Eaton Vance Tax-Managed Global Diversified Equity . The sale prices were between $7.89 and $8.8, with an estimated average price of $8.26. Sold Out: AdvanSix Inc (ASIX) Van Strum & Towne Inc. sold out the holdings in AdvanSix Inc. The sale prices were between $14.01 and $22.97, with an estimated average price of $17.96. SCHW 15-Year Financial Data The intrinsic value of SCHW Peter Lynch Chart of SCHW Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-02-13,86.5479,87.0252,86.5479,87.0085,"Donaldson Capital Management, Llc Buys Honeywell International, The Home Depot, US Bancorp, ... Donaldson Capital Management, Llc New Purchases: USB , SWKS , FDX , HUBB, IVV, XLI, WYN, IWM, INBK, IJJ, Added Positions:HON, HD, BA, IBM, JPM, ACN, D, WBA, APD, DIS, Reduced Positions:LOW, PAG, VFC, CVS, AMGN, WPPGY, ROP, ABC, UNP, XLY, Sold Out:MMP, XLU, MJN, MMC, VOT, For the details of DONALDSON CAPITAL MANAGEMENT, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=DONALDSON+CAPITAL+MANAGEMENT%2C+LLC These are the top 5 holdings of DONALDSON CAPITAL MANAGEMENT, LLC Microsoft Corp ( MSFT ) - 520,188 shares, 4.01% of the total portfolio. Shares added by 2.72% Johnson & Johnson ( JNJ ) - 270,754 shares, 3.87% of the total portfolio. Shares added by 1.74% Automatic Data Processing Inc ( ADP ) - 286,197 shares, 3.65% of the total portfolio. Shares added by 5.13% AbbVie Inc ( ABBV ) - 436,430 shares, 3.39% of the total portfolio. Shares added by 0.04% Walt Disney Co ( DIS ) - 260,495 shares, 3.37% of the total portfolio. Shares added by 5.75% New Purchase: US Bancorp (USB) Donaldson Capital Management, Llc initiated holdings in US Bancorp. The purchase prices were between $42.66 and $52.54, with an estimated average price of $47.55. The stock is now traded at around $54.14. The impact to the portfolio due to this purchase was 1.85%. The holdings were 289,958 shares as of 2016-12-31. New Purchase: Skyworks Solutions Inc (SWKS) Donaldson Capital Management, Llc initiated holdings in Skyworks Solutions Inc. The purchase prices were between $71.78 and $80.15, with an estimated average price of $76.99. The stock is now traded at around $92.34. The impact to the portfolio due to this purchase was 0.19%. The holdings were 20,319 shares as of 2016-12-31. New Purchase: FedEx Corp (FDX) Donaldson Capital Management, Llc initiated holdings in FedEx Corp. The purchase prices were between $169.7 and $201.02, with an estimated average price of $183.52. The stock is now traded at around $192.67. The impact to the portfolio due to this purchase was 0.18%. The holdings were 7,952 shares as of 2016-12-31. New Purchase: Hubbell Inc (HUBB) Donaldson Capital Management, Llc initiated holdings in Hubbell Inc. The purchase prices were between $101.55 and $118.54, with an estimated average price of $109.9. The stock is now traded at around $123.51. The impact to the portfolio due to this purchase was 0.14%. The holdings were 9,830 shares as of 2016-12-31. New Purchase: iShares Core S&P 500 (IVV) Donaldson Capital Management, Llc initiated holdings in iShares Core S&P 500. The purchase prices were between $209.67 and $229.05, with an estimated average price of $219.92. The stock is now traded at around $233.81. The impact to the portfolio due to this purchase was 0.12%. The holdings were 4,177 shares as of 2016-12-31. New Purchase: SPDR Select Sector Fund - Industrial (XLI) Donaldson Capital Management, Llc initiated holdings in SPDR Select Sector Fund - Industrial. The purchase prices were between $56.42 and $64.05, with an estimated average price of $60.32. The stock is now traded at around $65.35. The impact to the portfolio due to this purchase was 0.1%. The holdings were 12,961 shares as of 2016-12-31. Added: Honeywell International Inc (HON) Donaldson Capital Management, Llc added to the holdings in Honeywell International Inc by 2781.62%. The purchase prices were between $105.78 and $118.09, with an estimated average price of $112.57. The stock is now traded at around $122.36. The impact to the portfolio due to this purchase was 2.33%. The holdings were 167,710 shares as of 2016-12-31. Added: The Home Depot Inc (HD) Donaldson Capital Management, Llc added to the holdings in The Home Depot Inc by 5590.04%. The purchase prices were between $119.89 and $137.11, with an estimated average price of $128.9. The stock is now traded at around $139.78. The impact to the portfolio due to this purchase was 2.2%. The holdings were 134,854 shares as of 2016-12-31. Added: Boeing Co (BA) Donaldson Capital Management, Llc added to the holdings in Boeing Co by 22.56%. The purchase prices were between $132.25 and $157.81, with an estimated average price of $146.04. The stock is now traded at around $167.85. The impact to the portfolio due to this purchase was 0.6%. The holdings were 168,704 shares as of 2016-12-31. Added: Walgreens Boots Alliance Inc (WBA) Donaldson Capital Management, Llc added to the holdings in Walgreens Boots Alliance Inc by 628.36%. The purchase prices were between $77.18 and $87.73, with an estimated average price of $82.69. The stock is now traded at around $82.94. The impact to the portfolio due to this purchase was 0.19%. The holdings were 21,035 shares as of 2016-12-31. Added: SPDR Select Sector Fund - Health Care (XLV) Donaldson Capital Management, Llc added to the holdings in SPDR Select Sector Fund - Health Care by 170.26%. The purchase prices were between $66.02 and $72.2, with an estimated average price of $69.42. The stock is now traded at around $72.04. The impact to the portfolio due to this purchase was 0.16%. The holdings were 29,237 shares as of 2016-12-31. Added: iShares U.S. Regional Banks (IAT) Donaldson Capital Management, Llc added to the holdings in iShares U.S. Regional Banks by 200.50%. The purchase prices were between $34.81 and $46.11, with an estimated average price of $40.59. The stock is now traded at around $47.02. The impact to the portfolio due to this purchase was 0.15%. The holdings were 39,972 shares as of 2016-12-31. Sold Out: Magellan Midstream Partners LP (MMP) Donaldson Capital Management, Llc sold out the holdings in Magellan Midstream Partners LP. The sale prices were between $65.17 and $75.79, with an estimated average price of $70.03. Sold Out: SPDR Select Sector Fund - Utilities (XLU) Donaldson Capital Management, Llc sold out the holdings in SPDR Select Sector Fund - Utilities. The sale prices were between $46 and $49.43, with an estimated average price of $47.75. Sold Out: Mead Johnson Nutrition Co (MJN) Donaldson Capital Management, Llc sold out the holdings in Mead Johnson Nutrition Co. The sale prices were between $70.69 and $80.96, with an estimated average price of $74.53. Sold Out: Marsh & McLennan Companies Inc (MMC) Donaldson Capital Management, Llc sold out the holdings in Marsh & McLennan Companies Inc. The sale prices were between $62.7 and $69.77, with an estimated average price of $67.04. Sold Out: Vanguard Mid-Cap Growth ETF - DNQ (VOT) Donaldson Capital Management, Llc sold out the holdings in Vanguard Mid-Cap Growth ETF - DNQ. The sale prices were between $99.94 and $108.06, with an estimated average price of $104.96. HON 15-Year Financial Data The intrinsic value of HON Peter Lynch Chart of HON Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-02-14,86.8655,87.9089,86.7777,87.759, ADP,2017-02-15,87.2797,87.9553,86.9731,87.9523,"[""USMV, ADP, BDX, SYK: ETF Outflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $23.4 million dollar outflow -- that's a 0.2% decrease week over week (from 261,600,000 to 261,100,000). Among the largest underlying components of USMV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is down about 0.3%, Becton, Dickinson and Co. (Symbol: BDX) is up about 0.3%, and Stryker Corp. (Symbol: SYK) is higher by about 0.1%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $40.51 per share, with $47.19 as the 52 week high point - that compares with a last trade of $46.67. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Here's How to Find the Best Dividend Stocks When I first started investing, I judged dividend-paying stocks solely on their yield. In my mind, the higher the yield, the better. Thankfully, I quickly learned that investing in income stocks based on their yield alone is a huge mistake. In fact, a super-high yield can often be a sign of danger . That's why I've been refining my process for dividend stock selection for years, and I now focus on several other factors before making a buy or sell decision. So what are those factors? Below, you'll find the checklist I use to put a dividend-paying stock to the test. Test No. 1: Predictable revenue I'm convinced that the best dividend stocks have control over their top line. After all, companies that depend on factors outside of their control for revenue can see their profits evaporate when the markets take a downturn. A shining example of a company with predictable revenue is Broadridge Financial Solutions (NYSE: BR) . Broadridge helps other companies with record keeping and investor communications by handling boring but mission-critical financial paperwork such as proxy statements and prospectuses. The business was spun off ADP in 2007 and it truly dominates its industry, boasting a market share of roughly 80%. Since companies need to remain in contact with their investors through all market conditions, Broadridge's financial statements are highly predictable. By contrast, consider the office supply retailer Staples (NASDAQ: SPLS) . With a massive yield of 5.2% (more than twice the S&P 500's average dividend yield of 2.2%!), the old me would have been foaming at the mouth to buy the stock. However, Staples' revenue has been declining for years due to the significant pressure from e-commerce companies such as Amazon.com . Have a look at what has happened to these two companies top-lines over the past five years. BR Revenue (TTM) data by YCharts While Staples' management has a plan to help reverse the trend, I don't have any confidence in this company's ability to generate predictable top-line results from here, so I would urge investors to look elsewhere for opportunity. Test No. 2: A sustainable payout ratio The next must-know metric for any dividend stock is its payout ratio . This figure is calculated by dividing the company's dividend payment per share by its earnings per share. For example, if a company's annual dividend payment is $1 per share and its earnings are $4 per share, then its payout ratio is 25% ($1/$4). In general, a low payout ratio suggests that a dividend is sustainable since it provides the company with financial flexibility in case something bad happens. Thus, any stock with a very high payout ratio -- say, above 80% -- should be approached with caution, even if it passes the first test. For that reason, I've taken a pass on the cigarette and real estate company Vector Group (NYSE: VGR) . That might come as a surprise since this company's top line is highly predictable and has been growing for years. With a dividend yield of 7.1%, what's not to like? VGR Revenue (TTM) data by YCharts . That's all great, but Vector Group has sported a payout ratio above 100% for several years, meaning that its dividend payment exceeds its net income. The company has pulled off this trick by turning to the debt markets to fund the difference. While this strategy has worked for some time, its current payout ratio of 262% is a big cause for concern. By contrast, Broadridge offers up a much smaller dividend yield of 1.9%. However, Broadridge's payout ratio is only 48% of trailing earning, which suggests that its dividend is far more stable than Vector Group's. Test No. 3: Strong growth prospects The best dividend stocks not only sustain their current payouts but can increase them over time, too. That why I exclude companies that pass the first two tests but are not expected to grow much over the coming years. Consider FirstEnergy (NYSE: FE) . As a utility, its revenue is highly predictable. In addition, its low payout ratio of 51% suggests that its dividend yield of 4.6% is quite sustainable. However, FirstEnergy's aging power plants run primarily on coal, so its expenses have been on the rise as it works to reduce its carbon emissions. When mixed with slow but steady declines in revenue, its profits have taken a big hit over the last few years. FE Revenue (TTM) data by YCharts . Worse yet, market watchers believe this trend will continue for the foreseeable future. Analysts project that the company's profits will decline by more than 5% annually over the next few years. While the Trump administration has taken a pro-coal stance, the long-term outlook for the industry is too tough to ignore. That leads me to believe that this is a stock to avoid. Yet again, this is a test that Broadridge Financial passes with flying colors. The combination of organic growth and acquisitions should allow the company to grow its top-line by single digits over the next five years. Better yet, modest margin improvements and share buybacks are expected to fuel 12% earnings growth over this time frame. Given all of the above, perhaps it isn't surprising to learn that I think that Broadridge Financial is a top-notch dividend stock. With a predictable revenue stream, a sustainable payout ratio, and solid growth prospects, this company passes my test with flying colors. That makes Broadridge a strong dividend stock that any income investor could learn to love. 10 stocks we like better than Broadridge Financial Solutions When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Broadridge Financial Solutions wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of February 6, 2017 Brian Feroldi owns shares of Amazon and Broadridge Financial Solutions. The Motley Fool owns shares of and recommends Amazon. The Motley Fool owns shares of Broadridge Financial Solutions. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-02-16,87.9,88.1554,87.548,88.1554, ADP,2017-02-17,87.9089,87.9957,87.2176,87.978,"[""Zevin Asset Management Llc Buys Unilever PLC, iShares MSCI KLD 400 Social, Colgate-Palmolive ... Zevin Asset Management Llc New Purchases: DSI , KYCCF , NVZMY , PCRFF, BRK.B, PFE, K, MRK, ZURVY, Added Positions:UL, CL, TJX, ADP, V, GWW, GOOG, SSREF, COST, NVZMF, Reduced Positions:TGT, ABT, CVS, ABBV, NVS, VZ, NVO, TROW, VIVO, T, Sold Out:ILMN, TGNA, GILD, SFM, CTL, VSM, For the details of ZEVIN ASSET MANAGEMENT LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=ZEVIN+ASSET+MANAGEMENT+LLC These are the top 5 holdings of ZEVIN ASSET MANAGEMENT LLC Automatic Data Processing Inc ( ADP ) - 254,312 shares, 7.11% of the total portfolio. Shares added by 30.01% United Parcel Service Inc ( UPS ) - 197,967 shares, 6.17% of the total portfolio. Shares added by 0.71% Unilever PLC ( UL ) - 513,610 shares, 5.68% of the total portfolio. Shares added by 5851.45% TJX Companies Inc ( TJX ) - 277,459 shares, 5.67% of the total portfolio. Shares added by 67.68% AT&T Inc ( T ) - 454,699 shares, 5.26% of the total portfolio. Shares reduced by 1.27% New Purchase: iShares MSCI KLD 400 Social (DSI) Zevin Asset Management Llc initiated holdings in iShares MSCI KLD 400 Social. The purchase prices were between $77.21 and $84.12, with an estimated average price of $80.87. The stock is now traded at around $86.30. The impact to the portfolio due to this purchase was 3.18%. The holdings were 141,935 shares as of 2016-12-31. New Purchase: Keyence Corp (KYCCF) Zevin Asset Management Llc initiated holdings in Keyence Corp. The purchase prices were between $313.68 and $377.48, with an estimated average price of $350.52. The stock is now traded at around $389.93. The impact to the portfolio due to this purchase was 0.77%. The holdings were 8,200 shares as of 2016-12-31. New Purchase: Novozymes A/S (NVZMY) Zevin Asset Management Llc initiated holdings in Novozymes A/S. The purchase prices were between $31.79 and $44.27, with an estimated average price of $36.8. The stock is now traded at around $39.38. The impact to the portfolio due to this purchase was 0.22%. The holdings were 23,320 shares as of 2016-12-31. New Purchase: Panasonic Corp (PCRFF) Zevin Asset Management Llc initiated holdings in Panasonic Corp. The purchase prices were between $9.28 and $11.13, with an estimated average price of $10.22. The stock is now traded at around $11.45. The impact to the portfolio due to this purchase was 0.14%. The holdings were 50,000 shares as of 2016-12-31. New Purchase: Berkshire Hathaway Inc (BRK.B) Zevin Asset Management Llc initiated holdings in Berkshire Hathaway Inc. The purchase prices were between $142.95 and $166.62, with an estimated average price of $153.96. The stock is now traded at around $167.48. The impact to the portfolio due to this purchase was 0.09%. The holdings were 2,040 shares as of 2016-12-31. New Purchase: Pfizer Inc (PFE) Zevin Asset Management Llc initiated holdings in Pfizer Inc. The purchase prices were between $29.89 and $33.9, with an estimated average price of $32.18. The stock is now traded at around $33.66. The impact to the portfolio due to this purchase was 0.09%. The holdings were 10,433 shares as of 2016-12-31. Added: Unilever PLC ( UL ) Zevin Asset Management Llc added to the holdings in Unilever PLC by 5851.45%. The purchase prices were between $38.78 and $47.75, with an estimated average price of $41.43. The stock is now traded at around $46.99. The impact to the portfolio due to this purchase was 5.58%. The holdings were 513,610 shares as of 2016-12-31. Added: Colgate-Palmolive Co (CL) Zevin Asset Management Llc added to the holdings in Colgate-Palmolive Co by 220.68%. The purchase prices were between $64.63 and $73.62, with an estimated average price of $68.57. The stock is now traded at around $71.52. The impact to the portfolio due to this purchase was 3.12%. The holdings were 254,892 shares as of 2016-12-31. Added: TJX Companies Inc ( TJX ) Zevin Asset Management Llc added to the holdings in TJX Companies Inc by 67.68%. The purchase prices were between $71.8 and $79.43, with an estimated average price of $75.58. The stock is now traded at around $77.06. The impact to the portfolio due to this purchase was 2.29%. The holdings were 277,459 shares as of 2016-12-31. Added: Automatic Data Processing Inc ( ADP ) Zevin Asset Management Llc added to the holdings in Automatic Data Processing Inc by 30.01%. The purchase prices were between $86.09 and $103.45, with an estimated average price of $93.3. The stock is now traded at around $99.05. The impact to the portfolio due to this purchase was 1.64%. The holdings were 254,312 shares as of 2016-12-31. Added: W.W. Grainger Inc (GWW) Zevin Asset Management Llc added to the holdings in W.W. Grainger Inc by 1365.93%. The purchase prices were between $203.08 and $239.62, with an estimated average price of $223.08. The stock is now traded at around $254.26. The impact to the portfolio due to this purchase was 1.6%. The holdings were 27,281 shares as of 2016-12-31. Added: Visa Inc (V) Zevin Asset Management Llc added to the holdings in Visa Inc by 105.74%. The purchase prices were between $75.43 and $83.36, with an estimated average price of $80.4. The stock is now traded at around $87.28. The impact to the portfolio due to this purchase was 1.6%. The holdings were 146,631 shares as of 2016-12-31. Sold Out: Illumina Inc (ILMN) Zevin Asset Management Llc sold out the holdings in Illumina Inc. The sale prices were between $122.02 and $186.17, with an estimated average price of $138.55. Sold Out: Tegna Inc (TGNA) Zevin Asset Management Llc sold out the holdings in Tegna Inc. The sale prices were between $18.02 and $23.25, with an estimated average price of $21.27. Sold Out: Gilead Sciences Inc (GILD) Zevin Asset Management Llc sold out the holdings in Gilead Sciences Inc. The sale prices were between $71.61 and $78.47, with an estimated average price of $74.33. Sold Out: Sprouts Farmers Market Inc (SFM) Zevin Asset Management Llc sold out the holdings in Sprouts Farmers Market Inc. The sale prices were between $18.92 and $22.57, with an estimated average price of $21.01. Sold Out: CenturyLink Inc (CTL) Zevin Asset Management Llc sold out the holdings in CenturyLink Inc. The sale prices were between $23 and $31, with an estimated average price of $25.41. Sold Out: Versum Materials Inc (VSM) Zevin Asset Management Llc sold out the holdings in Versum Materials Inc. The sale prices were between $22.46 and $28.72, with an estimated average price of $24.89. Reduced: Target Corp (TGT) Zevin Asset Management Llc reduced to the holdings in Target Corp by 68.53%. The sale prices were between $66.53 and $78.61, with an estimated average price of $72.39. The stock is now traded at around $65.56. The impact to the portfolio due to this sale was -3.07%. Zevin Asset Management Llc still held 61,220 shares as of 2016-12-31. Reduced: Abbott Laboratories (ABT) Zevin Asset Management Llc reduced to the holdings in Abbott Laboratories by 96.87%. The sale prices were between $37.6 and $43.5, with an estimated average price of $39.65. The stock is now traded at around $44.44. The impact to the portfolio due to this sale was -2.97%. Zevin Asset Management Llc still held 6,753 shares as of 2016-12-31. Reduced: CVS Health Corp (CVS) Zevin Asset Management Llc reduced to the holdings in CVS Health Corp by 24.87%. The sale prices were between $73.53 and $88.8, with an estimated average price of $80.91. The stock is now traded at around $79.44. The impact to the portfolio due to this sale was -0.66%. Zevin Asset Management Llc still held 66,940 shares as of 2016-12-31. Reduced: Verizon Communications Inc (VZ) Zevin Asset Management Llc reduced to the holdings in Verizon Communications Inc by 23.62%. The sale prices were between $46.18 and $53.74, with an estimated average price of $49.98. The stock is now traded at around $48.26. The impact to the portfolio due to this sale was -0.37%. Zevin Asset Management Llc still held 68,839 shares as of 2016-12-31. Reduced: Illinois Tool Works Inc (ITW) Zevin Asset Management Llc reduced to the holdings in Illinois Tool Works Inc by 32.6%. The sale prices were between $111.84 and $127.93, with an estimated average price of $120.79. The stock is now traded at around $129.00. The impact to the portfolio due to this sale was -0.07%. Zevin Asset Management Llc still held 3,514 shares as of 2016-12-31. UL 15-Year Financial Data The intrinsic value of UL Peter Lynch Chart of UL Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for February 21, 2017 Computer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on February 21, 2017. A cash dividend payment of $0.25 per share is scheduled to be paid on March 10, 2017. Shareholders who purchased CPSI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.17% increase over prior dividend payment. The previous trading day's last sale of CPSI was $26.35, representing a -54.03% decrease from the 52 week high of $57.32 and a 44.38% increase over the 52 week low of $18.25. CPSI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CPSI's current earnings per share, an indicator of a company's profitability, is $.29. Zacks Investment Research reports CPSI's forecasted earnings growth in 2017 as -2.99%, compared to an industry average of 19.5%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-02-21,87.7235,87.9,87.1595,87.5737,"DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for February 22, 2017 DST Systems, Inc. ( DST ) will begin trading ex-dividend on February 22, 2017. A cash dividend payment of $0.35 per share is scheduled to be paid on March 10, 2017. Shareholders who purchased DST prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.06% increase over prior dividend payment. The previous trading day's last sale of DST was $117.1, representing a -8.98% decrease from the 52 week high of $128.66 and a 23.89% increase over the 52 week low of $94.52. DST is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DST's current earnings per share, an indicator of a company's profitability, is $13.4. Zacks Investment Research reports DST's forecasted earnings growth in 2017 as 6.92%, compared to an industry average of 5.9%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-02-22,87.4573,88.8655,87.4573,88.6289, ADP,2017-02-23,88.9622,89.834,88.6939,89.6949,"Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for February 24, 2017 Ebix, Inc. ( EBIX ) will begin trading ex-dividend on February 24, 2017. A cash dividend payment of $0.075 per share is scheduled to be paid on March 15, 2017. Shareholders who purchased EBIX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that EBIX has paid the same dividend. The previous trading day's last sale of EBIX was $59.2, representing a -6.03% decrease from the 52 week high of $63 and a 86.1% increase over the 52 week low of $31.81. EBIX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EBIX's current earnings per share, an indicator of a company's profitability, is $2.76. Zacks Investment Research reports EBIX's forecasted earnings growth in 2016 as 24.12%, compared to an industry average of 2%. For more information on the declaration, record and payment dates, visit the EBIX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-02-24,89.6949,90.9159,89.408,90.907,"[""ACWV, DXJH: Big ETF Outflows Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Edge MSCI Min Vol Global ETF ( ACWV ), where 3,300,000 units were destroyed, or a 7.9% decrease week over week. Among the largest underlying components of ACWV, in morning trading today Johnson & Johnson ( JNJ ) is up about 1%, and Automatic Data Processing ( ADP ) is higher by about 0.2%. And on a percentage change basis, the ETF with the biggest outflow was the WisdomTree Japan Hedged Health Care Fund ( DXJH ), which lost 100,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior. VIDEO: ACWV, DXJH: Big ETF Outflows The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Intuit (INTU) Tops on Q2 Earnings; Reiterates FY17 Guidance Intuit Inc. INTU reported modest second-quarter of fiscal 2017 results. The company reported adjusted income (including stock-based compensation but excluding amortization and other one-time items) from continuing operations of 7 cents per share, which surpassed the Zacks Consensus Estimate of 6 cents per share. On a GAAP basis, earnings from continuing operations were 5 cents per share compared with the year-ago figure 11 cents per share. Quarter in Detail This tax-preparation related software maker reported revenues of $1.016 billion, which came below management's guided range of $1.045 billion to $1.065 billion and were almost in line with the Zacks Consensus Estimate of $1.018 billion. On a year-over-year basis, however, revenues were up 10.1% mainly on the back of higher demand resulting from the U.S. tax season and better-than-expected growth in QuickBooks Online. Services and Other revenues climbed nearly 8.8% to $717 million while product revenues were up 13.2% to $299 million. Segment-wise, Small Business Group recorded 12% year-over-year growth driven mainly by strong customer acquisition, along with continuous subscriber growth for QuickBooks Online and QuickBooks Self-Employed. The company recorded an increase of 49% in QuickBooks Online subscribers for the quarter, bringing the total global count to 370,000. QuickBooks Self-Employed subscribers totaled180,000 during the quarter. Revenues from the Small Business online ecosystem increased 30% on a year-over-year basis, primarily due to online customer acquisition. Revenues from Consumer Tax during the quarter came in at $285 million. ProConnect professional tax revenues were roughly $99 million during the quarter. Coming to operational metrics, Intuit reported adjusted gross profit of $813 million, up 11.4% year over year, mainly backed by higher revenues. Also, gross margin expanded 90 basis points (bps) to 80%. The company reported a 15.7% year-over-year increase in adjusted operating expenses. Also, as a percentage of revenues, adjusted operating expenses expanded 380 bps to 77.5%, primarily due to higher cost of sales. This in turn impacted operating results. The company posted adjusted operating income of $25 million compared with $49 million reported in the year-ago quarter. Intuit posted adjusted net income from continuing operations of approximately $14.7 million compared with second-quarter fiscal 2017 income of $33.6 million. Balance Sheet and Cash Flows Intuit exited fiscal second quarter with cash and investments of $637 million compared with $605 million in the previous quarter. Long-term debt was $463 million at the quarter end. Cash from operational activities during the six months ended Jan 31, 2017 was $87 million. During the quarter, the company repurchased 1.7 billion shares worth $198 million. For the third quarter of fiscal 2017, the company received an authorization to pay a dividend of 34 cents per share. Outlook Intuit reaffirmed its fiscal 2017 guidance and issued outlook for the fiscal third quarter. The company anticipates revenues of $5 billion to $5.1 billion in fiscal 2017, up 7% to 9% year over year. The Zacks Consensus Estimate is pegged at $5.064 billion. Non-GAAP operating income is expected in a range of $1.675 billion to $1.725 billion, representing growth of 8%-11%. Non-GAAP earnings per share are projected between $4.30 and $4.40 (an increase of 14-16%). The Zacks Consensus Estimate currently stands at $3.42. For the third quarter, the company anticipates revenues in a range of $2.50 billion to $2.55 billion. The Zacks Consensus Estimate is pegged at $2.447 billion. It expects non-GAAP operating income to be in a range of $1.50 billion to $1.52 billion. The company expects to report non-GAAP earnings in a range of $3.85 per share to $3.90 per share in the third quarter. The Zacks Consensus Estimate stands at $3.63 per share. Our Take Intuit reported modest fiscal second-quarter 2016 results. However, its revenue performance improved on a year-over-year basis, primarily due to better-than-expected growth in QuickBooks Online. The company also issued an encouraging guidance for third quarter and fiscal 2017. We are positive about Intuit's growing SMB exposure and believe that its strategic acquisitions will boost the segment. Increased adoption of its cloud-based services and products is another positive. Intuit has also restructured its business to focus on the QuickBooks services. It expects to continue investing in this portfolio, which is likely to hurt its near-term profitability. Moreover, rising competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Intuit's share price movement has not been much impressive. Over the last one year, its shares have gained just 20.62% compared with 24.38% increase recorded by the Zacks categorized Computer-Software industry. Currently, Intuit has a Zacks Rank #2 (Buy). A better-ranked stock in the technology space is Seagate Technology plc STX , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here Seagate has a long term expected earnings per share growth rate of 8.17%. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Seagate Technology PLC (STX): Free Stock Analysis Report Paycom Software, Inc. (PAYC): Free Stock Analysis Report Intuit Inc. (INTU): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for February 27, 2017 Evertec, Inc. ( EVTC ) will begin trading ex-dividend on February 27, 2017. A cash dividend payment of $0.1 per share is scheduled to be paid on March 20, 2017. Shareholders who purchased EVTC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that EVTC has paid the same dividend. The previous trading day's last sale of EVTC was $17.05, representing a -8.33% decrease from the 52 week high of $18.60 and a 49.56% increase over the 52 week low of $11.40. EVTC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EVTC's current earnings per share, an indicator of a company's profitability, is $1.01. Zacks Investment Research reports EVTC's forecasted earnings growth in 2017 as -6.59%, compared to an industry average of 6.8%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-02-27,90.8429,91.0342,90.4444,90.6348,"Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for February 28, 2017 Jack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on February 28, 2017. A cash dividend payment of $0.31 per share is scheduled to be paid on March 17, 2017. Shareholders who purchased JKHY prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.71% increase over prior dividend payment. The previous trading day's last sale of JKHY was $94.7, representing a 0% decrease from the 52 week high of $94.70 and a 19.87% increase over the 52 week low of $79. JKHY is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). JKHY's current earnings per share, an indicator of a company's profitability, is $3.28. Zacks Investment Research reports JKHY's forecasted earnings growth in 2017 as -.4%, compared to an industry average of -.4%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to JKHY through an Exchange Traded Fund [ETF]? The following ETF(s) have JKHY as a top-10 holding: WBI Tactical SMG Shares ( WBIA ) PowerShares S&P MidCap Low Volatility Portfolio ( XMLV ). The top-performing ETF of this group is XMLV with an increase of 10.01% over the last 100 days. WBIA has the highest percent weighting of JKHY at 3.4%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-02-28,90.619,90.7325,90.2403,90.5726,"CSP Inc. (CSPI) Ex-Dividend Date Scheduled for March 01, 2017 CSP Inc. ( CSPI ) will begin trading ex-dividend on March 01, 2017. A cash dividend payment of $0.11 per share is scheduled to be paid on March 17, 2017. Shareholders who purchased CSPI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 13th quarter that CSPI has paid the same dividend. At the current stock price of $8.38, the dividend yield is 5.25%. The previous trading day's last sale of CSPI was $8.38, representing a -29.87% decrease from the 52 week high of $11.95 and a 55.19% increase over the 52 week low of $5.40. CSPI is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSPI's current earnings per share, an indicator of a company's profitability, is $.58. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-03-01,91.5007,92.406,91.1161,92.2502, ADP,2017-03-02,91.9179,92.13,91.6634,91.8558, ADP,2017-03-03,91.7424,92.3231,91.4741,92.2206, ADP,2017-03-06,91.6802,92.6743,91.6802,92.628,"[""GM Divests from Eurozone for $2.3 Billion Monday, March 6, 2017 General Motors GM made headlines in today's pre-market when it announced it will be selling its European brands - Opel and Vauxhall - to French automaker Peugeot for $2.3 billion in cash and stock. GM plans to take a one-time charge of between $4 - $4.5 billion, related to pension agreements with its Opel workforce in Europe. Freeing itself of the Eurozone looks to be a double-edged sword for GM: whereas the company looks forward to no longer being bogged down in a region and with brands that have not turned a profit in nearly 20 years, subtracting a big market like Europe from its global operations carries the likelihood that it may be conspicuously absent compared to its competition, especially London-based Fiat Chrysler FCAU . Both Fiat and GM are currently Zacks Rank #1 (Strong Buy) stocks. Zacks Style Scores for both \""Big 3\"" automakers are also favorable: where GM has a combined Value, Growth and Momentum rating of B, Fiat Chrysler is A. Strong Buy companies with Style Scores of A represent the very best-rated companies in the stock-trading universe. Jobs Report This Week Ahead of next week's meeting of Federal Reserve Presidents, which now has an 80% likelihood of raising interest rates 25 basis points to a range of 75 - 100 basis points. A key cog in this wheel looks to be the newest read on the U.S. labor market, including both the ADP ADP private-sector jobs report on Wednesday and the Bureau of Labor Statistics' (BLS) non-farm payroll report on Friday. Last month saw 227K new jobs and a 4.8% unemployment rate - both higher than analysts had expected. Average hourly earnings rose 0.1%, about as weak as you can get, but at least it's still growth. Should the Fed put the brakes on a March rate hike, it would likely have to do with either a major disappointment in new jobs numbers or a notable fall in earnings growth, or both. Otherwise, expectations will remain high for increased interest rates next week. Mark Vickery Senior Editor Click here to follow this author>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fiat Chrysler Automobiles N.V. (FCAU): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report General Motors Company (GM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""MIND C.T.I. Ltd. (MNDO) Ex-Dividend Date Scheduled for March 07, 2017 MIND C.T.I. Ltd. ( MNDO ) will begin trading ex-dividend on March 07, 2017. A cash dividend payment of $0.32 per share is scheduled to be paid on March 23, 2017. Shareholders who purchased MNDO prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 18.52% increase over prior dividend payment. The previous trading day's last sale of MNDO was $2.86, representing a -2.78% decrease from the 52 week high of $2.94 and a 45.83% increase over the 52 week low of $1.96. MNDO is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). MNDO's current earnings per share, an indicator of a company's profitability, is $.22. For more information on the declaration, record and payment dates, visit the MNDO Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-03-07,92.2601,92.5362,91.6979,92.0402,"[""Benzinga Premarket Prep Host Dennis Dick Tweets: Ex-dividend tomorrow: $WMT $.51, $WM $.42, $GM $.38, $KMB $.97, $TRV .67, $UNH .62, $OXY .76, $ADP .57, $RAI .51"", ""Benzinga Premarket Prep Host Dennis Dick Tweets: Ex-dividend tomorrow: $WMT $.51, $WM $.42, $GM $.38, $KMB $.97, $TRV .67, $UNH .62, $OXY .76, $ADP .57, $RAI .51"", ""Trump Tweets, Drug Stocks Tank Tuesday, March 7, 2017 Moments ago, President Trump took to his Twitter TWTR account to promise lower drug prices for Americans. Saying he's working on a new system to increase competition among drug manufacturers, \""Pricing for the American people will come way down!\"" That's not the only thing: pre-market shares of Pfizer PFE and Novartis NOV fell immediately, 1.14% and 1.65%, respectively. Following a big bull rally that began about a month ago on pro-business growth Trump administration policies - tax cuts, deregulation and infrastructure spending - market futures are again pointing into the red for the fourth straight day on the Dow, Nasdaq and S&P 500, largely on the prospect of an interest rate hike next week from the Federal Reserve. A quarter-point hike would bring the Fed rate to 75-100 basis points. News from Capitol Hill revolves around a new draft to replace the Affordable Care Act (ACA, or \""Obamacare\"") from the House of Representatives. Actually there are two bills currently put forward by House Republicans, whereby insurance subsidies on the federal level will give way to tax credits to individuals and grants on the state level to pay for healthcare costs under a new program. Both measures would actually keep the two most popular features of Obamacare: that a pre-existing medical condition cannot be grounds for denying coverage by insurers, and allowing minors to remain on their parents' plans until age 26. But Planned Parenthood would no longer have access to reimbursements of Medicaid or family planning grants on the federal level, which is a signature of social conservative interests. In other news, the U.S. trade balance now registers the highest deficit since March 2012 at -$48.5 billion. This January read blossomed more than $4 billion deeper than the December total. However, analysts consider this in-line with expectations, and market futures seemed to either ignore or shrug off the impact. Tomorrow we will see private sector jobs numbers from a report from ADP ADP , the payroll processing major. As always, this anticipates the full government jobs report expected before the bell Friday. These numbers over the past three quarters of a year have been historically very strong overall; why this is feeling extra weight this time around is because it precedes next week's Fed meeting, and further strength in the U.S. labor market would only help solidify the odds - currently around 80% likelihood - that interest rates will rise next week. Mark Vickery Senior Editor Click here to follow this author>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pfizer, Inc. (PFE): Free Stock Analysis Report National Oilwell Varco, Inc. (NOV): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Twitter, Inc. (TWTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for March 08, 2017 Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on March 08, 2017. A cash dividend payment of $0.57 per share is scheduled to be paid on April 01, 2017. Shareholders who purchased ADP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.55% increase over prior dividend payment. The previous trading day's last sale of ADP was $104.95, representing a -0.05% decrease from the 52 week high of $105 and a 24.41% increase over the 52 week low of $84.36. ADP is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Cognizant Technology Solutions Corporation ( CTSH ). ADP's current earnings per share, an indicator of a company's profitability, is $3.73. Zacks Investment Research reports ADP's forecasted earnings growth in 2017 as 12.19%, compared to an industry average of 8%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ADP through an Exchange Traded Fund [ETF]? The following ETF(s) have ADP as a top-10 holding: First Trust Capital Strength ETF ( FTCS ) First Trust NASDAQ-100 Ex-Technology Sector Index Fund ( QQXT ) First Trust Industrials AlphaDEX ( FXR ) First Trust NASDAQ-100 Equal Weighted Index Fund ( QQEW ) First Trust Large Cap Growth AlphaDEX Fund ( FTC ). The top-performing ETF of this group is FXR with an increase of 18.44% over the last 100 days. FTCS has the highest percent weighting of ADP at 1.93%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Benzinga Premarket Prep Host Dennis Dick Tweets: Ex-dividend tomorrow: $WMT $.51, $WM $.42, $GM $.38, $KMB $.97, $TRV .67, $UNH .62, $OXY .76, $ADP .57, $RAI .51""]" ADP,2017-03-08,91.9633,92.3962,91.7058,92.0491,"[""IWF, LOW, TWX, ADP: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $96.2 million dollar inflow -- that's a 0.3% increase week over week in outstanding units (from 297,350,000 to 298,200,000). Among the largest underlying components of IWF, in trading today Lowe's Companies Inc (Symbol: LOW) is up about 0.9%, Time Warner Inc (Symbol: TWX) is up about 0.3%, and Automatic Data Processing Inc. (Symbol: ADP) is higher by about 0.3%. For a complete list of holdings, visit the IWF Holdings page \u00bb The chart below shows the one year price performance of IWF, versus its 200 day moving average: Looking at the chart above, IWF's low point in its 52 week range is $95.08 per share, with $114.39 as the 52 week high point - that compares with a last trade of $113.44. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Posts Blowout 298K New Jobs Wednesday, March 8, 2017 In the highest monthly private payroll read we've seen in more than 2 years, ADP ADP posted 298K jobs in the month of February - a full 100K higher than the 188K expected by analysts. Not only that, but January's strong ADP number was revised upward 15K to 261K, marking the strongest 2 private-sector jobs numbers we've seen in awhile. Services itself consisted of 198K new jobs last month, but the real surprise was Goods producing jobs in triple digits at 106K. Of these, Manufacturing employment rose by 32K in February. While this may not be as impressive as the 66K Professional/Business sector jobs growth (Construction also brought in 66K for the month), keep in mind that Goods and Manufacturing reads have been so low over the past multi-year wave of job growth, they'd actually registered in the negative several times. That headwind looks to be over, which is good for the U.S. economy and good for President Trump. According to Mark Zandi on CNBC this morning, 198K new private sector jobs amounts to 3 times the rate of job growth to absorb the growth of the working-age population. Medium-sized companies (50-499 employees) led the way with 122K new hires for the month, followed by Small companies at 104K and Large firms hiring an additional 72K. Of course, this even further ratchets up the possibility of an interest rate hike from the Fed next week. Prior to this exemplary private sector jobs read, the likelihood of a 25-basis point hike was already north of 80%; look for this possibility to reach slam-dunk expectations as the day progresses. And, of course, the ADP report is basically a primer for the end of the week's Bureau of Labor Statistics' (BLS) non-farm payroll report, which accounts for the entire U.S. labor market, including government sector jobs (which may now turn negative under the Trump administration). ADP's estimate for the BLS total is 197K, still on the high-range historically, especially with the unemployment rate sub-5% for awhile now. That figure suggests near-full employment, although part-time work like Uber drivers are sopping up much of this excess. What we'll look for beneath the headline number Friday is wage growth, which had been stagnant even among the impressive gains in jobs through most of the Obama administration. Should wages be on a notable incline, this will be another factor strengthening the underlying jobs market. And for sure the Fed Presidents will take note of this ahead of next week's meeting, as well. Mark Vickery Senior Editor Click here to follow this author>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-03-09,91.9179,92.3498,91.3439,91.7621,"[""Jobless Claims Bounce Back, Oil Futures Sink Thursday, March 9, 2017 Initial Jobless Claims, one week after setting a new 44-year low, have buoyed back up another 20K claims this past week to 243K from an unrevised 223K claims the prior week. This is higher than the 238K expected by analysts, and does a bit to smooth out the drastic moves week to week, which pretty much remains in a range of 225K-250K, consistent with a healthy domestic labor market. The four-week moving average also grew in the past week - now to 236,500 claims per week over the last month or so - but again, this is off last week's historic low. It also comes a day after the ADP ADP private sector jobs report brought in nearly 300K new jobs in the past month. Tomorrow is the big BLS non-farm payroll report, and the current estimate is for 197K new jobs for the month of February overall. Long traders in oil & gas have sent WTI and Brent crude prices down, noteworthy as the WTI read has fallen below $50 per barrel for the first time in 2017. Brent remains north of $51 for now, but futures are down 2.7% ahead of today's opening bell. There appears no clear catalyst for the downward move, although domestic supply continues to grow, keeping downward pressure on global oil prices . Recent lows, incidentally, were back in November 2016, when prices hit $42.20 per barrel. ECB President Mario Draghi has announced the intent to keep dovish policy in place for the European Union (EU), continuing to buy back euros (though ratcheting down from EUR 80 billion to 60 billion ahead. Draghi also said the \""cyclical recovery may be gaining momentum.\"" The EU inflation rate for 2017 is at 0.4% currently, and despite some push-back from German financiers, Draghi intends to keep monetary policy wide open for now. Finally, Staples SPLS reported in-line earnings and guidance for its most recent quarter, marking a 4% drop year over year in EPS and -3% in revenues from a year ago. The company closed 13 stores in the quarter and plans on closing 70 total throughout fiscal 2017. Staples had a Zacks Rank #3 (Hold) with a perfect Zacks Style Score: Value A, Growth A and Momentum A. Mark Vickery Senior Editor Click here to follow this author>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Staples, Inc. (SPLS): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for March 09, 2017 The Dow and the S&P 500 finished in the red on Wednesday due to decline in energy shares. Slump in crude oil prices on a spike in U.S. oil stockpiles dragged energy shares down. Caterpillar, in the meantime, weighed on the Dow as its shares were hammered after a report commissioned by the government accused the company of tax-accounting fraud. The Nasdaq, somehow, narrowly avoided a loss and finished in positive territory. On the economic front, an upbeat private sector employment report bolstered expectations of a rate hike next week. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) declined 0.3% to close at 20,855.73. The S&P 500 fell 0.2% to close at 2,362.98. The tech-laden Nasdaq Composite Index, on the other hand, closed at 5,837.55, increasing 0.1%. The fear-gauge CBOE Volatility Index (VIX) gained 1.5% to settle at 11.92. Declining issues outnumbered advancing ones on the NYSE on Wednesday. Energy Shares Decline Rise in crude inventories adversely affected oil prices. U.S. crude supplies added 8.2 million barrel last week, pushing total commercial inventories to a new record weekly level of 528.4 million, according to the U.S. Energy Information Administration (EIA). This marked the ninth straight weekly gains. But, gasoline supplies declined 6.6 million barrels, while distillate stockpiles fell 2.7 million barrels last week, according to the EIA. Nevertheless, the WTI and Brent crude tanked 5.7% and 5.3% to $50.28 per barrel and $53.11 a barrel, respectively. Energy shares took a beating due to drop in oil prices. The Energy Select Sector SPDR (XLE) decreased 2.6% and emerged as the worst performing sector in the S&P 500. Some of its key holdings, including Chevron Corporation ( CVX ) and Exxon Mobil Corporation ( XOM ) dropped 1.9% and 1.8%, respectively. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Caterpillar Slides Shares of manufacturing giant Caterpillar Inc. (CAT) were down 2.8% after a new report, commissioned by the government, accused the company of tax and accounting fraud, according to The New York Times . \""Caterpillar did not comply with either U.S. tax law or U.S. financial reporting rules,\"" Leslie A Robinson, an accounting professor at the Tuck School for Business at Dartmouth College and author of the report wrote, according to the Times . \""I believe that the company's noncompliance with these rules was deliberate and primarily with the intention of maintaining a higher share price. These actions were fraudulent rather than negligent\"" (read more: Caterpillar Stock Slides After Report Accuses It of Tax Fraud ). ADP Report Encouraging Paycheck-processing firm Automatic Data Processing ( ADP ) reported that the private sector added 298,000 jobs in February, a full 100,000 higher than the 188,000 expected by analysts. Not only that, January's strong ADP number was revised upward 15,000 to 261,000, marking the strongest 2 private-sector jobs numbers we've seen in a while. Stocks That Made Headlines Staples Q4 Earnings Meet Estimates; Issues Guidance Staples, Inc. ( SPLS ) reported in-line earnings for the third straight quarter, when the company reported fourth-quarter fiscal 2016 results. ( Read More ) Chevron Declares Growth Plans, Issues 2017 Guidance California-based integrated energy company Chevron Corporation recently issued a statement on its annual analyst day bringing in pleasant news for investors. ( Read More ) Now See Our Private Investment Ideas While the above ideas are being shared with the public, other trades are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chevron Corporation (CVX): Free Stock Analysis Report Exxon Mobil Corporation (XOM): Free Stock Analysis Report Caterpillar, Inc. (CAT): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Staples, Inc. (SPLS): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mentor Graphics Corporation (MENT) Ex-Dividend Date Scheduled for March 10, 2017 Mentor Graphics Corporation ( MENT ) will begin trading ex-dividend on March 10, 2017. A cash dividend payment of $0.055 per share is scheduled to be paid on March 30, 2017. Shareholders who purchased MENT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that MENT has paid the same dividend. The previous trading day's last sale of MENT was $37.12, representing a -0.16% decrease from the 52 week high of $37.18 and a 99.25% increase over the 52 week low of $18.63. MENT is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). MENT's current earnings per share, an indicator of a company's profitability, is $1.33. Zacks Investment Research reports MENT's forecasted earnings growth in 2018 as 3.65%, compared to an industry average of 16.5%. For more information on the declaration, record and payment dates, visit the MENT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-03-10,92.1744,92.8607,91.8932,92.7847,"[""235K New Jobs Remove Last Stop from Fed Rate Hike Friday, March 10, 2017 Another strong jobs report from the Bureau of Labor Statistics (BLS) survey - a monthly read of non-farm payroll numbers, including government hiring - has been released before the bell today: 235K new jobs were created in the month of February, continuing the strong labor market we've seen for nearly the entire past year. The headline unemployment rate fell 10 basis points to 4.7%. Let's break this down in a moment, but the impact should be clear right away here: there's nothing stopping Fed Chair Janet Yellen & Co. from raising interest rates a quarter point at the next FOMC meeting next week. Prior to Wednesday's ADP ADP private-sector jobs report - which has been corroborated this morning with an in-league BLS number, in general - chances of a rate hike according to analysts was just north of 80%, and there's nothing in the way of this figure going higher until the Fed's announcement next Wednesday afternoon. In short, expect the market to further bake a rate hike into the market cake today. One big element analysts consider when looking at comprehensive jobs reports like these is the Average Hourly Employment, which gauges not just overall employment numbers, but the quality of employment workers have (higher AHE rates mean stronger labor in general). For February, the Average Hourly Earnings ticked up another 0.2%, and is up 2.8% year over year. So not only are new jobs being added to the U.S. economy, but those jobs are starting to pay more, as well. As we saw in the ADP numbers earlier this week, Construction and Manufacturing posted a notable amount of the monthly jobs gains: 58K and 28K, respectively. The private sector overall posted 227K new jobs - down from the gaudy 298K we saw in the ADP report, but healthy nevertheless. The U6 (\""real unemployment\"") read is 9.2% - still nearly twice the headline unemployment figure but still way down from this early point in the Obama administration 8 years ago. The BLS survey counts 340K new people entering the U.S. workforce. Speaking of presidential administrations, it's probably too soon to credit this impressive jobs growth to the fledgling Trump administration - after all, February's jobs number is very consistent with the past several months under President Obama - although improvements in things like Construction (58K is the highest read for this sector in nearly a decade) and the promises of corporate tax cuts, deregulation, infrastructure programs, etc. that Trump has promised should be considered an important factor in the positive outlook of especially small businesses, in that the economic climate appears to favor more blue collar workers in the labor force. Much of this is for us to unpack down the road a bit. For now, look to jobs market strength as an even stronger indicator that we'll see interest rates bump up to the 75-100 basis points range by mid-next week. And check the over-under odds of three rate hikes anticipated for 2017, based on the language the Fed uses in presenting their decision. Mark Vickery Senior Editor Click here to follow this author>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report NASDAQ-100 SHRS (QQQ): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Leidos Holdings, Inc. (LDOS) Ex-Dividend Date Scheduled for March 13, 2017 Leidos Holdings, Inc. ( LDOS ) will begin trading ex-dividend on March 13, 2017. A cash dividend payment of $0.32 per share is scheduled to be paid on March 30, 2017. Shareholders who purchased LDOS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that LDOS has paid the same dividend. The previous trading day's last sale of LDOS was $52.93, representing a -3.68% decrease from the 52 week high of $54.95 and a 40.06% increase over the 52 week low of $37.79. LDOS is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). LDOS's current earnings per share, an indicator of a company's profitability, is $2.4. Zacks Investment Research reports LDOS's forecasted earnings growth in 2017 as -7.92%, compared to an industry average of 2.2%. For more information on the declaration, record and payment dates, visit the LDOS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-03-13,92.8607,93.1014,92.406,93.054,"[""3 Big Stock Charts for Monday: Alibaba Group Holding Ltd (BABA), Exxon Mobil Corporation (XOM) and Automatic Data Processing (ADP) InvestorPlace - Stock Market News, Stock Advice & Trading Tips Today's three big stock charts looks at some technical green shoots that are showing in the current market as our models have identified Alibaba Group Holding Ltd (NYSE: BABA ) and Automatic Data Processing (NASDAQ: ADP ) as short-term bullish candidates for chart watchers. At the same time though, the models and our review of the charts show the potential rough road for Exxon Mobil Corporation (NYSE: XOM ) shares as they break through another round of technical support. Alibaba Group Holding Ltd (BABA) For months, traders have been waiting for the breakout that it looks like they are getting today on Alibaba shares. The online retailer has spent the last two months teasing traders as it traded in a range that threatened to break below $100 and above $104. Today, BABA shares finally made their move as they are trading 2.5% higher on increased volume to break the stock above $106. More importantly to the short-term traders, Alibaba stock now trades above its top Bollinger Band, which suggests that the move is likely to draw other traders to this unusually bullish spike in the price. 7 Blue-Chip Stocks Holding You Back Helping the intermediate-term argument for BABA stock is the fact that the 50-day moving average recently moved back above the 100-day trendline. For the momentum traders, this is another bullish mark in favor of higher prices on Alibaba. Assuming the day's trading maintains prices higher than $105.25 (top Bollinger Band), we should expect to see BABA make a surge higher over the next few weeks. Automatic Data Processing (ADP) Another round of positive jobs news on Friday has ADP shares on our radar as this stock has regained its technical strength after a post-earnings selloff. Automatic Data Processing shares have been trading back at their highs and looking for a reason to breakout. Last week's positive jobs report looks to be the catalyst. Remember, the growing jobs market is a fundamental positive for ADP and other payroll processors. Automatic Data Processing shares have been hovering around overbought readings for the last week, but a slight pullback or even consolidation will set these shares up for a surge higher as they break into new high territory. Momentum indicators are showing building strength in the underlying trend that traders should be taking note of as all that is remaining is a trigger event for the stock to surge higher. This being Fed week, we expect any mention of the jobs market in the FOMC's comments to help act as a fundamental trigger. Traders should watch the $105-level as the \""price trigger\"" for the next rally in ADP. Exxon Mobil Corporation (XOM) The energy sector continues to see weakness as falling crude prices have started to rattle the equilibrium that had set itself in place only a few months ago. Exxon Mobil shares have now broken through what our models consider a significant level as they move below $82 and see an increase in selling volume. XOM stock's latest move continues the pattern of lower lows and lower highs that has plagued the price since July of last year. This pattern in Exxon shares now looks to target even lower prices on slipping crude oil prices. Looking at long-term trends, a break below the $82 is likely to trigger a larger round of selling pressure on XOM shares that may target prices as low as $72 over the next six months. As of the time of this writing, Johnson Research Group did not hold a position in any of the aforementioned securities. More From InvestorPlace 10 Monthly Dividend Stocks to Buy to Pay the Bills 10 Dangerous Dividend Stocks to Dump Now The post 3 Big Stock Charts for Monday: Alibaba Group Holding Ltd (BABA), Exxon Mobil Corporation (XOM) and Automatic Data Processing (ADP) appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for March 13, 2017 Better-than-expected jobs report led the benchmarks to close in the green on Friday. Upbeat jobs data indicated stronger economic growth and cemented a rate hike in the Fed's upcoming two-day policy meeting starting Mar 14. Even though the markets ended in positive territory on Friday, all the key indexes registered weekly declines. While the Dow snapped its fourth-straight week of gains, the S&P 500 and Nasdaq broke their six-consecutive week of rise. For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article. The Dow Jones Industrial Average (DJI) increased 0.2%, to close at 20,902.98. The S&P 500 rose 0.3% to close at 2,372.60. The tech-laden Nasdaq Composite Index closed at 5,861.73, gaining 0.4%. The fear-gauge CBOE Volatility Index (VIX) declined 1.1% to settle at 12.16. A total of around 6.9 billion shares were traded on Friday lower than the last 20-session average of 7.0 billion shares. Advancers significantly outpaced declining stocks on the NYSE. For 65% stocks that advanced, 32% declined. What Boosted The Benchmarks? The U.S. economy added 235,000 jobs in February, registering its best job growth since July 2016. It was also significantly higher than the consensus estimate of 191,000 job additions. Moreover, a sharp upward revision of January's job numbers indicated strong job additions this year. Steady gains in employment have pushed workers pay higher, with average hourly wages climbing 0.2% last month. Average hourly earnings also rose 2.8% over the year. The unemployment rate, meantime, ticked down to 4.7% from 4.8% in February, matching the consensus expectation. Jobless rate edged down following considerable increase in job additions in both public and private sectors. A day earlier, Automatic Data Processing ( ADP ) had reported that the private sector added 298,000 jobs in February, a full 100,000 higher than the analysts' expectations of 188,000. Encouraging jobs report had a positive impact on the broader markets. The Utilities Select Sector SPDR (XLU) advanced 0.8% and emerged as the best performing sector among the S&P 500. Some of its key holdings including Sempra Energy ( SRE ) and NextEra Energy, Inc. ( NEE ) rose 1.3% and 1%, respectively. Sempra Energy possess a Zacks Rank #3 (Hold) and NextEra Energy hold a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Upbeat February jobs report led March rate hike expectations to increase further. As per the FedWatch tool of CME Group, expectations about a hike this month are currently at 93%. Weekly Roundup For the week, the Dow, S&P 500 and Nasdaq fell 0.5%, 0.4% and 0.2%, respectively after increase in domestic crude inventories weighed on oil prices . The U.S. commercial crude-oil inventories rose by 8.2 million barrels last week, according to the Energy Information Administration. While, Baker Hughes Incorporated ( BHI ) reported that last week, U.S. oil rig counts increased by 8 rigs to 617, registering its eight consecutive week of gains. Both the Brent and WTI crude fell by 8.1% and 9.1% respectively for the week, with the WTI crude registering its biggest loss since the week ended Nov 4. Stocks That Made Headlines ExxonMobil to Purchase 25% Stake from Eni in Area 4 Block ExxonMobil Corporation ( XOM ) and Eni SpA ( E ) recently inked a purchase and sale agreement, per which the former will purchase an indirect stake of 25% from the latter. ( Read More ) Marathon Oil Sells Canadian Properties, Buys Permian Assets Marathon Oil Corporation ( MRO ) recently announced its decision to rebalance its portfolio by selling its Canadian oil sands business and acquiring acres of land from Permian Basin. ( Read More ) 5 Trades Could Profit \""Big-League\"" from Trump Policies If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course. Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sempra Energy (SRE): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Baker Hughes Incorporated (BHI): Free Stock Analysis Report Exxon Mobil Corporation (XOM): Free Stock Analysis Report ENI S.p.A. (E): Free Stock Analysis Report Marathon Oil Corporation (MRO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-03-14,92.8883,92.9821,92.0303,92.2601,"4 Strong Buy Staffing Stocks on Blowout Job Creation The year is off to a sizzling start for job creation. Employers added almost half a million jobs in the first two months of 2017, the best back-to-back performance since last summer. Not only were workers hired at a robust pace, unemployment came down and wages scaled higher. The number of people losing jobs is also at its lowest since 1973. Staffing companies stand to gain as the labor market strengthens, while President Donald Trump's campaign promises, including a job-boosting tax or infrastructure program, is likely to reverse a decade-long decline in factory jobs. Payroll Shows Solid Gains U.S. employers added 235,000 new jobs in February within the first full month of Trump's win, steering past expectations of 191,000. Payroll gains were driven by construction and manufacturing, while wage growth picked up as the labor market continued its steady improvement, indicating a resilient economy. Employment in weather-sensitive industries got a big boost from the second warmest February on record. Construction jobs, which can fluctuate depending on the weather, increased by 58,000 and marked the biggest rise since the recovery that began in mid-2009. Manufacturing payrolls gained 28,000, matching the most since Aug 2013. Health care providers also added a large number of jobs as did white-collar firms and educational organizations. Job additions were, in fact, broad-based with the lone exception of retailers. They shed 26,000 jobs, the highest in four years. Nevertheless, robust February jobs data followed a 238,000 increase in January, the best back-to-back performance since July. Private Sector Adds Jobs Private employment, in the meantime, rose by 227,000 in February after 221,000 added in the prior month, according to the Labor Department. Automatic Data Processing, Inc. ADP , however, reported that employment in the private sector rose by 298,000 in February, with goods producers adding 106,000 . Construction and manufacturing positions, mining as well as natural resources contributed significantly. January job additions were, in fact, revised upward from 246,000 to 261,000. Nonetheless, both the agencies reported healthy private sector job additions. Unemployment Rate Dips, Wages Improve The unemployment rate fell to 4.7% in February from 4.8% in January as more people entered the labor force in search of work, while fewer gave up searching for jobs. The U6 unemployment rate was 9.2% last month, down from 9.4% in the prior month. U6 is the broadest measure of unemployment and underemployment as it not only includes the total unemployed number but also the discouraged workers, the marginally attached as well as part-time workers. Wages for American workers, in the meanwhile, went up 0.2% in February to $26.09 an hour. And the average annual rate of growth for hourly employee earnings was 2.8% in the month, up from 2.6% in January. Trump Plans to Bring Back Millions of Jobs Trump seized the opportunity to flaunt his success in the first federal jobs report. He praised the efforts of manufacturing executives and powerful business leaders to generate jobs in the U.S. and pledged to bring back jobs that corporate America has outsourced for cheap labor. In his first month as the President, Trump urged many top executives to hire in the U.S., while he promised to roll out favorable proposals, including a plan to overhaul the tax code and increase infrastructure spending. These measures will eventually help companies create jobs. He also touched on his plans of deporting illegal immigrants to Mexico, while Secretary of State Rex Tillerson is already in Mexico on what Trump described as a ""tough trip"". The U.S. has lost more than five million manufacturing jobs since 2000, mostly due to lower wages, automation and foreign competition. Many companies try to trim employment costs by moving to places where workers are paid a lot less than in the U.S. Trump added that a lot of manufacturing jobs were lost since the U.S. joined the North American Free Trade Agreement in 1994, while around 70,000 factories were shut down since China tied up the World Trade Organization almost 16 years ago. 4 Best Staffing Picks for Your Portfolio The latest numbers bode well for staffing companies. In fact, jobless claims, a proxy of layoffs, remained below the key threshold of 300,000 for about 105 straight weeks. Meanwhile, Trump had met a few chief executives of the country's biggest manufacturers and pledged to return jobs to millions in the U.S. The buoyancy in the staffing space is also confirmed by its solid Zacks Industry Rank in the top 38%, indicating continued hiring and more job opportunities. In fact, the top 50% of Zacks Ranked Industries outperforms the bottom 50% by a factor of more than 2 to 1. We have, thus, selected four staffing stocks that boast a Zacks Rank #1 (Strong Buy) and are well positioned to grow in the near term. Such stocks also flaunt a VGM score of 'A'. Here V stands for Value, G for Growth and M for Momentum and the score is a weighted combination of these three metrics. Such a score allows you to eliminate the negative aspects of stocks and select winners. Heidrick & Struggles International, Inc.HSII provides executive search, culture shaping and leadership consulting services. The company enables its clients to build leadership teams by facilitating the recruitment, management and deployment of senior executives. The Zacks Consensus Estimate for its current year earnings surged 5.4% over the last 60 days. The company has given a stable return of 1.7% on a year-to-date basis. The company's expected growth rate for this year is 13.1%, higher than the Staffing Firms industry's gain of 8.4%. Kforce Inc.KFRC is engaged in providing professional and technical specialty staffing services and solutions. The Zacks Consensus Estimate for its current year earnings rose 7.4% over the last 60 days. The company has given a solid return of 4.8% on a year-to-date basis. The company's expected growth rate for this year is 27.2%, more than the industry's addition. Randstad Holding NVRANJY is a staffing and recruitment company that provides solutions in the field of flexible work and human resources (HR) services. The Zacks Consensus Estimate for its current year earnings jumped 12.3% over the last 60 days. The company has given a stellar return of 9.7% on a year-to-date basis. The company's expected growth rate for this year is 13.4%, higher the industry's mark. Hays plcHAYPY is a specialist recruitment group that operates in 33 countries, including the U.S. The Zacks Consensus Estimate for its current year earnings climbed 6.5% over the last 60 days. The company has given an encouraging return of 5.6% on a year-to-date basis. The company's expected growth rate for next year is 13.5%, more than the industry's increase of 13.4%. You can see the complete list of today's Zacks #1 Rank stocks here. Zacks' 2017 IPO Watch List Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time. One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kforce, Inc. (KFRC): Free Stock Analysis Report Heidrick & Struggles International, Inc. (HSII): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Randstad Holding NV (RANJY): Free Stock Analysis Report HAYS PLC (HAYPY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-03-15,92.5264,93.0096,91.9919,92.8972,"The Zacks Analyst Blog Highlights: Automatic Data Processing, Heidrick & Struggles International, Kforce, Randstad Holding and Hays For Immediate Release Chicago, IL -March 15, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Automatic Data Processing, Inc. (NASDAQ: ADP - Free Report ), Heidrick & Struggles International, Inc. (NASDAQ: HSII - Free Report ), Kforce Inc. (NASDAQ: KFRC - Free Report ), Randstad Holding NV (OTCMKTS: RANJY - Free Report ) and Hays plc (OTCMKTS: HAYPY - Free Report ). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Tuesday's Analyst Blog: 4 Strong Buy Staffing Stocks on Blowout Job Creation The year is off to a sizzling start for job creation. Employers added almost half a million jobs in the first two months of 2017, the best back-to-back performance since last summer. Not only were workers hired at a robust pace, unemployment came down and wages scaled higher. The number of people losing jobs is also at its lowest since 1973. Staffing companies stand to gain as the labor market strengthens, while President Donald Trump's campaign promises, including a job-boosting tax or infrastructure program, is likely to reverse a decade-long decline in factory jobs. Payroll Shows Solid Gains U.S. employers added 235,000 new jobs in February within the first full month of Trump's win, steering past expectations of 191,000. Payroll gains were driven by construction and manufacturing, while wage growth picked up as the labor market continued its steady improvement, indicating a resilient economy. Employment in weather-sensitive industries got a big boost from the second warmest February on record. Construction jobs, which can fluctuate depending on the weather, increased by 58,000 and marked the biggest rise since the recovery that began in mid-2009. Manufacturing payrolls gained 28,000, matching the most since Aug 2013. Health care providers also added a large number of jobs as did white-collar firms and educational organizations. Job additions were, in fact, broad-based with the lone exception of retailers. They shed 26,000 jobs, the highest in four years. Nevertheless, robust February jobs data followed a 238,000 increase in January, the best back-to-back performance since July. Private Sector Adds Jobs Private employment, in the meantime, rose by 227,000 in February after 221,000 added in the prior month, according to the Labor Department. Automatic Data Processing, Inc. (NASDAQ: ADP - Free Report ), however, reported that employment in the private sector rose by 298,000 in February, with goods producers adding 106,000 . Construction and manufacturing positions, mining as well as natural resources contributed significantly. January job additions were, in fact, revised upward from 246,000 to 261,000. Nonetheless, both the agencies reported healthy private sector job additions. Unemployment Rate Dips, Wages Improve The unemployment rate fell to 4.7% in February from 4.8% in January as more people entered the labor force in search of work, while fewer gave up searching for jobs. The U6 unemployment rate was 9.2% last month, down from 9.4% in the prior month. U6 is the broadest measure of unemployment and underemployment as it not only includes the total unemployed number but also the discouraged workers, the marginally attached as well as part-time workers. Wages for American workers, in the meanwhile, went up 0.2% in February to $26.09 an hour. And the average annual rate of growth for hourly employee earnings was 2.8% in the month, up from 2.6% in January. Trump Plans to Bring Back Millions of Jobs Trump seized the opportunity to flaunt his success in the first federal jobs report. He praised the efforts of manufacturing executives and powerful business leaders to generate jobs in the U.S. and pledged to bring back jobs that corporate America has outsourced for cheap labor. In his first month as the President, Trump urged many top executives to hire in the U.S., while he promised to roll out favorable proposals, including a plan to overhaul the tax code and increase infrastructure spending. These measures will eventually help companies create jobs. He also touched on his plans of deporting illegal immigrants to Mexico, while Secretary of State Rex Tillerson is already in Mexico on what Trump described as a ""tough trip"". The U.S. has lost more than five million manufacturing jobs since 2000, mostly due to lower wages, automation and foreign competition. Many companies try to trim employment costs by moving to places where workers are paid a lot less than in the U.S. Trump added that a lot of manufacturing jobs were lost since the U.S. joined the North American Free Trade Agreement in 1994, while around 70,000 factories were shut down since China tied up the World Trade Organization almost 16 years ago. 4 Best Staffing Picks for Your Portfolio The latest numbers bode well for staffing companies. In fact, jobless claims, a proxy of layoffs, remained below the key threshold of 300,000 for about 105 straight weeks. Meanwhile, Trump had met a few chief executives of the country's biggest manufacturers and pledged to return jobs to millions in the U.S. The buoyancy in the staffing space is also confirmed by its solid Zacks Industry Rank in the top 38%, indicating continued hiring and more job opportunities. In fact, the top 50% of Zacks Ranked Industries outperforms the bottom 50% by a factor of more than 2 to 1. We have, thus, selected four staffing stocks that boast a Zacks Rank #1 (Strong Buy) and are well positioned to grow in the near term. Such stocks also flaunt a VGM score of 'A'. Here V stands for Value, G for Growth and M for Momentum and the score is a weighted combination of these three metrics. Such a score allows you to eliminate the negative aspects of stocks and select winners. Heidrick & Struggles International, Inc. (NASDAQ: HSII - Free Report ) provides executive search, culture shaping and leadership consulting services. The company enables its clients to build leadership teams by facilitating the recruitment, management and deployment of senior executives. The Zacks Consensus Estimate for its current year earnings surged 5.4% over the last 60 days. The company has given a stable return of 1.7% on a year-to-date basis. The company's expected growth rate for this year is 13.1%, higher than the Staffing Firms industry's gain of 8.4%. Kforce Inc. (NASDAQ: KFRC - Free Report ) is engaged in providing professional and technical specialty staffing services and solutions. The Zacks Consensus Estimate for its current year earnings rose 7.4% over the last 60 days. The company has given a solid return of 4.8% on a year-to-date basis. The company's expected growth rate for this year is 27.2%, more than the industry's addition. Randstad Holding NV (OTCMKTS: RANJY - Free Report ) is a staffing and recruitment company that provides solutions in the field of flexible work and human resources (HR) services. The Zacks Consensus Estimate for its current year earnings jumped 12.3% over the last 60 days. The company has given a stellar return of 9.7% on a year-to-date basis. The company's expected growth rate for this year is 13.4%, higher the industry's mark. Hays plc (OTCMKTS: HAYPY - Free Report ) is a specialist recruitment group that operates in 33 countries, including the U.S. The Zacks Consensus Estimate for its current year earnings climbed 6.5% over the last 60 days. The company has given an encouraging return of 5.6% on a year-to-date basis. The company's expected growth rate for next year is 13.5%, more than the industry's increase of 13.4%. You can see the complete list of today's Zacks #1 Rank stocks here. Zacks' 2017 IPO Watch List Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time. One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >> About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 ""Strong Buys"" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>. Get the full Report on ADP - FREE Get the full Report on HSII - FREE Get the full Report on KFRC - FREE Get the full Report on RANJY - FREE Get the full Report on HAYPY - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com/ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Heidrick & Struggles International, Inc. (HSII): Free Stock Analysis Report Kforce, Inc. (KFRC): Free Stock Analysis Report Randstad Holding NV (RANJY): Free Stock Analysis Report HAYS PLC (HAYPY): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-03-16,92.8795,93.0925,92.2029,92.5086, ADP,2017-03-17,92.5619,93.3637,92.3134,93.2799,"ADP Wins Industry Accolades, Product Portfolio Key Driver Automatic Data Processing Inc.ADP is a well-known name in the cloud-based human capital management (HCM) market. The company has a strong customer base with more than 650K clients across 110 countries. Of late, ADP has been winning accolades throughout the industry. Analyst firm NelsonHall recognized ADP as a ""Leader"" in payroll business processing outsourcing services for the fourth consecutive year. Fortune also named the company in the ""World's Most Admired Companies"" list for 2017 and it has been ranked #1 on the Financial Data Services industry list for the fifth consecutive year. World HRD Congress has also honored ADP's payroll solutions with two of its annual Human Resources Vendors awards-'Best Payroll Outsourcing Partner' and 'Best Payroll Software' in Asia. Moreover, we note that ADP has also impressed its shareholders by outperforming the Zacks Outsourcing industry in the last one year. While the stock gained 17.6%, the industry returned 12.4%. Product Portfolio Strength Drives Growth The industry recognitions primarily reflect the strength of ADP's product portfolio that continues to attract new customers. ADP products have recently been selected by clients like Simmons Foods, and Areas-an international brand of Elior Group. While Simmon Foods selected ADP's Datacloud, which is a part of the ADP Vantage HCM solution, Areas implemented Benefits Administration Solution. ADP's diversified HCM product portfolio is a true differentiator against the likes of Paychex, Equifax EFX and Insperity NSP . We believe that the company's higher revenue per client and a decent customer retention ratio place it in an advantageous position. ADP continues to expect new business bookings growth in the second half of fiscal 2017. Automatic Data Processing, Inc. Price Automatic Data Processing, Inc. Price | Automatic Data Processing, Inc. Quote ADP's Mobile Solutions: Key Catalyst ADP's Mobile Solution app is currently available in more than 175 countries globally. Per the company, the app has also been ranked as one of the top free business app in Apple AAPL App Store and the most downloaded app for HCM. Notably, the Mobile Solution app user base has surpassed 10 million individual employees, which is definitely an eye-popping number. We believe that the lower penetration of mobile solutions in the HCM market (maximum 20%) presents a significant growth opportunity for ADP. The company has noted that the app supports 1,000 HR transactions per second and adds more than 30K new users on average each month. Zacks Rank ADP has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here . 5 Trades Could Profit ""Big-League"" from Trump Policies If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course. Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equifax, Inc. (EFX): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Insperity, Inc. (NSP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-03-20,93.338,93.3469,92.481,92.694, ADP,2017-03-21,93.1014,93.1595,91.406,91.5244,"Convergys Corporation (CVG) Ex-Dividend Date Scheduled for March 22, 2017 Convergys Corporation ( CVG ) will begin trading ex-dividend on March 22, 2017. A cash dividend payment of $0.09 per share is scheduled to be paid on April 07, 2017. Shareholders who purchased CVG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CVG has paid the same dividend. The previous trading day's last sale of CVG was $21.04, representing a -31.95% decrease from the 52 week high of $30.92 and a 0.55% increase over the 52 week low of $20.93. CVG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CVG's current earnings per share, an indicator of a company's profitability, is $1.38. Zacks Investment Research reports CVG's forecasted earnings growth in 2017 as -.18%, compared to an industry average of 12.3%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-03-22,91.7148,92.0766,91.3163,92.0214, ADP,2017-03-23,91.8469,92.5086,91.5086,91.8745, ADP,2017-03-24,92.0866,92.4356,91.4741,91.7424,"Computer Sciences Corporation (CSC) Ex-Dividend Date Scheduled for March 27, 2017 Computer Sciences Corporation ( CSC ) will begin trading ex-dividend on March 27, 2017. A cash dividend payment of $0.14 per share is scheduled to be paid on April 03, 2017. Shareholders who purchased CSC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that CSC has paid the same dividend. The previous trading day's last sale of CSC was $67.24, representing a -6.34% decrease from the 52 week high of $71.79 and a 114.14% increase over the 52 week low of $31.40. CSC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSC's current earnings per share, an indicator of a company's profitability, is -$.75. Zacks Investment Research reports CSC's forecasted earnings growth in 2017 as 10.75%, compared to an industry average of 2.7%. For more information on the declaration, record and payment dates, visit the CSC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CSC through an Exchange Traded Fund [ETF]? The following ETF(s) have CSC as a top-10 holding: iShares Core S&P Mid-Cap ETF ( IJH ) SPDR MidCap Trust Series I ( MDY ) Vanguard S&P Mid-Cap 400 ETF ( IVOO ). The top-performing ETF of this group is IJH with an increase of 13.1% over the last 100 days. It also has the highest percent weighting of CSC at 0.58%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-03-27,91.1693,91.6388,90.8429,91.335,"[""ACN Named A Top Socially Responsible Dividend Stock Accenture plc (Symbol: ACN) has been named a Top Socially Responsible Dividend Stock by Dividend Channel , signifying a stock with above-average ''DividendRank'' statistics including a strong 2.0% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society - for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel , Accenture plc is a member of both the iShares MSCI USA ESG Select Social Index Fund ETF ( KLD ), making up 2.93% of the underlying holdings of the fund, as well as the iShares MSCI KLD 400 Social Index Fund ETF ( DSI ), where ACN makes up 0.81% of the underlying holdings of the fund. The annualized dividend paid by Accenture plc is $2.42/share, currently paid in semi-annual installments, and its most recent dividend ex-date was on 04/11/2017. Below is a long-term dividend history chart for ACN, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. ACN operates in the Information Technology Services sector, among companies like International Business Machines Corp. ( IBM ), and Automatic Data Processing Inc. ( ADP ). Top 25 Socially Responsible Dividend Stocks - Income To Feel Good About \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex (PAYX) Set to Report Q3 Earnings: What to Expect? Paychex Inc.PAYX is set to report third-quarter fiscal 2017 results on Mar 29. Last quarter, the payroll and human resource solutions provider posted a positive earnings surprise of 1.8%. Notably, over the past four quarters, the company outperformed the Zacks Consensus Estimate twice and matched the same on two occasions. This represents an average positive earnings surprise of 1.8%. Let's see how things are shaping up for this announcement. Factors to Consider We are encouraged by Paychex's investments in product development and focus on boosting sales force to drive revenues. We also believe that the company's expansion initiatives, including joint ventures and acquisitions, are in sync with its long-term growth strategy. One of the key secular growth drivers for Paychex is demand for outsourcing. Human Resource Services outsourcing is a large, less-than-half-penetrated market that offers significant cost-cutting potential. Moreover, growing regulatory burden on small companies underscores the increasing need for outsourcing non-core activities. The company continues to capitalize on this opportunity by regularly introducing products and services for upselling, and moving into the mid-market, which is anticipated to boost results in the to-be-reported quarter. We are optimistic that Paychex might witness growth by successfully cross-selling newer products such as Paychex Premier, Major Market Services (MMS), and ancillary HRS products such as 401(k) record keeping, health insurance sales and workers' compensation administration to the existing client base. This strategy is likely to positively impact the company's fiscal third-quarter results. However, sluggish economic growth and a possible rise in interest rates remain concerns. Moreover, intense competition in the outsourcing space from major players like Automated Data Processing Inc. ADP and Insperity could add to its woes. Paychex, Inc. Price and EPS Surprise Paychex, Inc. Price and EPS Surprise | Paychex, Inc. Quote Earnings Whispers Our proven model does not conclusively show that Paychex will beat on earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below: Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 54 cents. Hence, the difference is 0.00%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Paychex carries a Zacks Rank #3 (Hold). Though a Zacks Rank #1, 2 or 3 increases the predictive power of ESP, the company's ESP of 0.00% makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a couple of companies which, as per our model, have the right combination of elements to post an earnings beat this quarter: DISH Network Corporation DISH , with an Earnings ESP of +1.43%, and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here . International Business Machines IBM , with an Earnings ESP of +0.43% and a Zacks Rank #3. Zacks' Top 10 Stocks for 2017 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017? Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Business Machines Corporation (IBM): Free Stock Analysis Report DISH Network Corporation (DISH): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Paychex, Inc. (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-03-28,90.9888,91.9633,90.6989,91.6575,"Amdocs Limited (DOX) Ex-Dividend Date Scheduled for March 29, 2017 Amdocs Limited ( DOX ) will begin trading ex-dividend on March 29, 2017. A cash dividend payment of $0.22 per share is scheduled to be paid on April 14, 2017. Shareholders who purchased DOX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.82% increase over prior dividend payment. The previous trading day's last sale of DOX was $62.15, representing a -0.8% decrease from the 52 week high of $62.65 and a 14.84% increase over the 52 week low of $54.12. DOX is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). DOX's current earnings per share, an indicator of a company's profitability, is $2.71. Zacks Investment Research reports DOX's forecasted earnings growth in 2017 as 5.17%, compared to an industry average of 7.4%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: VanEck Vectors Israel ETF ( ISRA ) WBI Tactical SMG Shares ( WBIA ). The top-performing ETF of this group is WBIA with an increase of 11.97% over the last 100 days. ISRA has the highest percent weighting of DOX at 5.53%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-03-29,91.335,91.4454,90.4189,90.626,"[""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for March 30, 2017 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on March 30, 2017. A cash dividend payment of $0.113 per share is scheduled to be paid on April 21, 2017. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.73% increase over prior dividend payment. The previous trading day's last sale of TYPE was $19.38, representing a -23.63% decrease from the 52 week high of $25.37 and a 11.93% increase over the 52 week low of $17.31. TYPE is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). TYPE's current earnings per share, an indicator of a company's profitability, is $.36. Zacks Investment Research reports TYPE's forecasted earnings growth in 2017 as -53.39%, compared to an industry average of 10.1%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for March 30, 2017 Pegasystems Inc. ( PEGA ) will begin trading ex-dividend on March 30, 2017. A cash dividend payment of $0.03 per share is scheduled to be paid on April 17, 2017. Shareholders who purchased PEGA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 12th quarter that PEGA has paid the same dividend. The previous trading day's last sale of PEGA was $42.6, representing a -6.37% decrease from the 52 week high of $45.50 and a 77.43% increase over the 52 week low of $24.01. PEGA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). PEGA's current earnings per share, an indicator of a company's profitability, is $.3. Zacks Investment Research reports PEGA's forecasted earnings growth in 2017 as 53.49%, compared to an industry average of 10.1%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The stock market\u2019s strength has little to do with Trump The muted reaction to Republicans\u2019 failure to repeal the Affordable Care Act proves it The muted reaction to Republicans\u2019 failure to repeal the Affordable Care Act proves it, according to Michael Brush.""]" ADP,2017-03-30,90.5826,90.9159,90.3183,90.6614,"Noteworthy ETF Inflows: USMV, ADP, PEP, BDX Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $47.7 million dollar inflow -- that's a 0.4% increase week over week in outstanding units (from 257,200,000 to 258,200,000). Among the largest underlying components of USMV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is up about 0.1%, PepsiCo Inc (Symbol: PEP) is down about 0.1%, and Becton, Dickinson and Co. (Symbol: BDX) is relatively unchanged. For a complete list of holdings, visit the USMV Holdings page » The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $43.30 per share, with $48.41 as the 52 week high point - that compares with a last trade of $47.71. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-03-31,90.6348,91.0697,90.5085,90.8616,"[""Paychex Earnings: HR Outsourcing & Services Continue To Drive Top Line Growth Paychex ( PAYX ) announced its Q3 FY 2017 earnings on March 29, reporting a 6% annual growth in revenues to $796 million The company has reported high single digit growth over the last few quarters, a trend which continued through the third fiscal quarter as well Over the last few years, Paychex has reported double digit growth in HR Outsourcing and Services revenue, driving much of the company's revenue growth, while core Payroll Processing revenues have grown in low single digits in the same period Keeping up the trend, HR outsourcing revenues were up 12% to $336 million for the third quarter, while payroll processing revenues were up 2% to $447 million A similar trend was observed for the three quarters of fiscal 2017 combined, as shown below It is interesting to note that competing HR management and payroll processing firm ADP ( ADP ) has also witnessed a similar trend in its payroll processing and HR outsourcing businesses over the last few years Third Quarter Performance Paychex has been dominant in the HR outsourcing market for small and medium-sized businesses (less than 500 employees), leading to strong revenue growth over the last few quarters In the last few years, the number of insurance clients and retirement services clients serviced by Paychex have grown at a steady 4-6% Comparatively, the total number of HR outsourcing clients serviced by Paychex has risen in the low single digits At the end of fiscal 2016 (ended May), the total number of HR outsourcing clients served by Paychex stood at 35,000 while insurance clients and retirement services clients stood at 150,000 and 74,000, respectively The company reported strong growth across the various HCM service streams, leading to 12% growth in HR outsourcing and services revenues to $336 million for the quarter According to the most recent data in the small business jobs index released by Paychex, the index stood at 10078 for February, which was flat over the previous year According to the report, small business job conditions have broadly improved in the three month period from November through February across all industries and regions in the US This is a healthy sign for Paychex, as the total number of clients served by these companies is likely to continue to increase, especially because small and medium businesses form its core customer base We forecast the total number of clients to continue to increase at 4-5% through the end of our forecast period Comparatively, the total number of payroll processing clients served by Paychex has increased at 1-2% in the last few years, complemented by a 2-4% price increase We expect the trend to continue, with payroll processing clients served forecast to increase by around 2% for the year to 613,000 clients Positive Forecast For Fiscal 2017 We forecast Paychex's net revenues to grow by around 7% for the full year to almost $32 billion - in line with the company's expectations Payroll revenues are expected to grow at around 4% to $18 billion while HR outsourcing revenues could be up by around 13% to over $13 billion Given that the expenses in the client funds interest segment are fixed in nature, the top line growth could directly translate to an improvement in company-wide EBITDA We forecast Paychex's adjusted EBITDA to increase by 10% to $14 billion while the EBITDA margin could improve by 90 basis points through FY 2017, as shown below See our complete analysis for Paychex View Interactive Institutional Research (Powered by Trefis): Global Large Cap | US Mid & Small Cap | European Large & Mid Cap More Trefis Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSRA Inc. (CSRA) Ex-Dividend Date Scheduled for April 03, 2017 CSRA Inc. ( CSRA ) will begin trading ex-dividend on April 03, 2017. A cash dividend payment of $0.1 per share is scheduled to be paid on April 28, 2017. Shareholders who purchased CSRA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that CSRA has paid the same dividend. The previous trading day's last sale of CSRA was $29.8, representing a -11.15% decrease from the 52 week high of $33.54 and a 35.76% increase over the 52 week low of $21.95. CSRA is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). CSRA's current earnings per share, an indicator of a company's profitability, is $1.17. Zacks Investment Research reports CSRA's forecasted earnings growth in 2017 as 2.35%, compared to an industry average of 7.4%. For more information on the declaration, record and payment dates, visit the CSRA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-04-03,90.7147,91.0254,89.6486,89.8794,"[""Earnings Season in Focus On this first trading day for the month of April, certain aspects of the market feel like the beginning of something: along with the hopes of warmer weather and the crack of the baseball bat sounding in parks all across the country, we are anticipating another strong quarter of growth as Q1 earnings season starts in the next couple weeks. At the end of this week, we'll see the latest non-farm payroll report from the Bureau of Labor Statistics (BLS). Before this, however, we'll see the latest private sector payroll reports from ADP ADP released before the opening bell this Wednesday. Last month, ADP posted nearly 300K private-sector jobs, which was much higher than analysts had expected. Growth in Construction and Manufacturing surprised to the upside, with Goods employment up triple-digits for the first time in a very long time. We shall see if this continues as the Trump Era moves along in its still-early stages. This week also brings along some early Q1 earnings reports, including Monsanto MON and Walgreens Boots Alliance WBA on Wednesday. Monsanto is currently a Zacks Rank #2 (Buy) stock with a Zacks Style Score (Value, Growth, Momentum) of B. Walgreens also has a Zacks Style Score of B, with a Zacks Rank #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Walgreens Boots Alliance, Inc. (WBA): Free Stock Analysis Report Monsanto Company (MON): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Plenty to Look Forward To Monday, April 3, 2017 On this first trading day for the month of April, certain aspects of the market feel like the beginning of something: along with the hopes of warmer weather and the crack of the baseball bat sounding in parks all across the country, we are anticipating another strong quarter of growth as Q1 earnings season starts in the next couple weeks. At the end of this week, we'll see the latest non-farm payroll report from the Bureau of Labor Statistics (BLS). Before this, however, we'll see the latest private sector payroll reports from ADP ADP released before the opening bell this Wednesday. Last month, ADP posted nearly 300K private-sector jobs, which was much higher than analysts had expected. Growth in Construction and Manufacturing surprised to the upside, with Goods employment up triple-digits for the first time in a very long time. We shall see if this continues as the Trump Era moves along in its still-early stages. This week also brings along some early Q1 earnings reports, including Monsanto MON and Walgreens Boots Alliance WBA on Wednesday. Monsanto is currently a Zacks Rank #2 (Buy) stock with a Zacks Style Score (Value, Growth, Momentum) of B. Walgreens also has a Zacks Style Score of B, with a Zacks Rank #3 (Hold). For comprehensive coverage of earnings season both in its current nascent stages as well as when reporting heats up, we'd all do well to follow what Zacks Director of Research Sheraz Mian has to say about it. For his latest Earnings Preview, click here: Handicapping Q1 Earnings Season. https://www.zacks.com/commentary/108341/handicapping-the-q1-earnings-season Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Walgreens Boots Alliance, Inc. (WBA): Free Stock Analysis Report Monsanto Company (MON): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-04-04,89.9316,90.1053,89.5066,90.0322,"ADP Named A Top Socially Responsible Dividend Stock Automatic Data Processing Inc. (Symbol: ADP) has been named a Top Socially Responsible Dividend Stock by Dividend Channel , signifying a stock with above-average ''DividendRank'' statistics including a strong 2.3% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society - for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel , Automatic Data Processing Inc. is a member of the iShares MSCI KLD 400 Social Index Fund ETF ( DSI ), making up 0.49% of the underlying holdings of the fund, which owns $3,916,278 worth of ADP shares. The annualized dividend paid by Automatic Data Processing Inc. is $2.28/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/08/2017. Below is a long-term dividend history chart for ADP, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. ADP operates in the Information Technology Services sector, among companies like International Business Machines Corp. ( IBM ), and Accenture plc ( ACN ). Top 25 Socially Responsible Dividend Stocks - Income To Feel Good About » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-04-05,90.3528,91.4257,89.8508,90.4623,"[""ADP Posts Another Blowout Jobs Number to 263K Wednesday, April 5, 2017 For the second straight month, Automated Data Processing ADP private-sector jobs numbers blew the doors off expectations. A total of 263K new jobs were created for the month of March, a gain of 18,000 jobs from last month's (revised lower) ADP figure of 245K. And, for the second month in a row, Construction and Manufacturing jobs outperformed expectations, helping overall totals in the non-government labor market. The top industries in new job growth were Professional/Business Services (57K) and Leisure/Hospitality (55K), which is not surprising. But the 49K new jobs in Construction and the 30K in Manufacturing are far stronger than the historical average during this entire resurgence in U.S. jobs, which has been going on for the past 7-8 years. Confidence not only with the consumer (which we've seen in other recent econ data) but with the goods-producing sectors has led the way, at least partially due to expectations from the Trump administration's goals to bring back jobs in these categories. Small-sized companies (fewer than 50 employees) grew the most last month at 118K, Medium companies (50-499 employees) grew by 100K and Large firms added 45K jobs. Services still far outweighed Goods, 181K to 82K respectively, but to reiterate - goods-producing is much higher than it's been in the recent past, and for the second straight month. Projections for Friday's comprehensive non-farm payroll report from the Bureau of Labor Statistics (BLS) remain at 175K following today's ADP report, though last month we saw analysts ratchet up their estimates in the wake of the strong ADP numbers. Historically, ADP and BLS jobs figures do tend to align (considering they track differently; ADP does not include government jobs, for instance), but usually only after a month or two of revisions from initial figures. In any case, this has been one of the strongest three-month averages we have seen in a long time regarding jobs growth. This points to what several economists had predicted going back to last year, which is employment traction finally taking hold after a stubborn low-growth market in labor and elsewhere. Pre-markets jumped higher on the ADP data, though the 2-year and 10-year T-notes remain rangebound at this hour. Equities remain the place to be invested. Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Gold snaps 3-session win streak as investors turn to stocks Precious metal weakens further following Fed minutes Gold prices lose ground on Wednesday after a reading of private-sector employment came in stronger than expected.""]" ADP,2017-04-06,90.4287,90.4444,90.0322,90.3004,"Daily Dividend Report: STZ, BBBY, LSI, SKT, ADP, ETR, EME Constellation declared a quarterly cash dividend of $0.52 per share of Class A Common Stock and $0.47 per share of Class B Common Stock, payable on May 24, 2017, to stockholders of record as of the close of business on May 10, 2017. This represents an increase of approximately 30 percent in the dividend rate per share for both the Class A and Class B Common Stock. Bed Bath & Beyond ( BBBY ) declared an increase in the quarterly dividend to $.15 per share. The increased quarterly dividend is payable on July 18, 2017 to shareholders of record at the close of business on June 16, 2017. Life Storage ( LSI ) announced an increase in the Company's quarterly common stock dividend from $0.95 per share to $1.00 per share or $3.80 to $4.00 annualized. The increase is effective with the quarterly dividend to be paid on April 26, 2017 to shareholders of record on April 18, 2017. Tanger Factory Outlet Centers ( SKT ) approved a 5.4% increase in the annual dividend on its common shares from $1.30 per share to $1.37 per share. Simultaneously, the Board of Directors declared a quarterly dividend of $0.3425 per share for the first quarter ended March 31, 2017. This cash dividend will be payable on May 15, 2017 to holders of record on April 28, 2017. Automatic Data Processing ( ADP ) has declared a regular quarterly dividend of 57 cents per share payable July 1, 2017 to shareholders of record on June 9, 2017. Entergy Corporation ( ETR ) has declared a quarterly dividend of $0.87 per common share. The payment date is June 1, 2017, to stockholders of record on May 11, 2017. EMCOR Group (EME) has declared a regular quarterly cash dividend of $0.08 per common share. The dividend will be paid on April 28, 2017 to stockholders of record as of April 17, 2017. VIDEO: Daily Dividend Report: STZ, BBBY, LSI, SKT, ADP, ETR, EME The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-04-07,90.4099,90.8873,90.0421,90.6812,"[""Non-farm payrol Report in Focus The highly anticipated non-farm payroll report was released this morning, with results far below expectations: 98K new jobs were created in the month of March, well below the 175K expected by a host of analysts. The unemployment rate actually fell further than expected, down 200 basis points to 4.5% - the lowest rate since May 2007. Many predictive models had not included weather considerations last month, which was rougher in much of the country following a much warmer February. This does look to have played a part. That said, payroll numbers for January and February were revised down 38K between the two months, bringing the trailing average of 178K - not terrible, bur certainly off recent-year highs. Average hourly earnings continued to progress gradually, up 0.2% for the month. The U6 (\""real\"" unemployment) fell even further to 8.9%. And labor force participation remained steady but flat at 63%. So while there's no particularly stinging bad news aside from the top headline figure, the U.S. labor market appears to continue its familiar \""chug along\"" performance. The Private sector brought in 89K of those jobs, the most of which were provided by Business and Professional Services, 56K. This is consistent with the private-sector payroll data Wednesday from ADP ADP , but otherwise this morning's jobs figures are not currently aligned with those from ADP, which showed a much stronger labor force. Retail, no surprise, lost the most jobs in the month, -30K. Attack on Syria Important global actions were taken in Syria, where a sudden airstrike of nearly 60 U.S. Tomahawk missiles reportedly bombed an airfield associated with Syrian President Assad, which is blamed for a massive poison gas attack in that country against insurgents of Assad's regime. This U.S. military operation did not see congressional approval before being enacted, nor does it follow current laws on the NATO charter. President Trump has apparently launched this attack from his private residence in Mar-a-Lago, Florida, where Chinese President Xi Jinping has been meeting with him on a host of issues not likely related to the Middle East. There is obviously much both literal and figurative smoke yet to clear, but defense companies like Raytheon RTN , maker of the Tomahawk missile, are seeing a big boost this morning. Gold futures are also higher on the geopolitical disruption, which is the age-old method of dealing with sort of risk adversity, so companies like Zacks Rank #2 (Buy) Seabridge Gold SA should benefit, near term. Considering the region in which this turmoil has newly erupted, major energy companies like ExxonMobil XOM will be affected as well, though it's less clear the impact on oil prices will be as big now that less of the world is dependent on Middle East oil and gas. WTI and Brent crude numbers are mixed at this hour. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Raytheon Company (RTN): Free Stock Analysis Report Seabridge Gold, Inc. (SA): Free Stock Analysis Report Exxon Mobil Corporation (XOM): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Jobs, Unemployment Lower to 98K, 4.5% Friday, April 7, 2017 The highly anticipated non-farm payroll report was released this morning, with results far below expectations: 98K new jobs were created in the month of March, well below the 175K expected by a host of analysts. The unemployment rate actually fell further than expected, down 200 basis points to 4.5% - the lowest rate since May 2007. Many predictive models had not included weather considerations last month, which was rougher in much of the country following a much warmer February. This does look to have played a part. That said, payroll numbers for January and February were revised down 38K between the two months, bringing the trailing average of 178K - not terrible, bur certainly off recent-year highs. Average hourly earnings continued to progress gradually, up 0.2% for the month. The U6 (\""real\"" unemployment) fell even further to 8.9%. And labor force participation remained steady but flat at 63%. So while there's no particularly stinging bad news aside from the top headline figure, the U.S. labor market appears to continue its familiar \""chug along\"" performance. The Private sector brought in 89K of those jobs, the most of which were provided by Business and Professional Services, 56K. This is consistent with the private-sector payroll data Wednesday from ADP ADP , but otherwise this morning's jobs figures are not currently aligned with those from ADP, which showed a much stronger labor force. Retail, no surprise, lost the most jobs in the month, -30K. Attack on Syria Important global actions were taken in Syria, where a sudden airstrike of nearly 60 U.S. Tomahawk missiles reportedly bombed an airfield associated with Syrian President Assad, which is blamed for a massive poison gas attack in that country against insurgents of Assad's regime. This U.S. military operation did not see congressional approval before being enacted, nor does it follow current laws on the NATO charter. President Trump has apparently launched this attack from his private residence in Mar-a-Lago, Florida, where Chinese President Xi Jinping has been meeting with him on a host of issues not likely related to the Middle East. There is obviously much both literal and figurative smoke yet to clear, but defense companies like Raytheon RTN , maker of the Tomahawk missile, are seeing a big boost this morning. Gold futures are also higher on the geopolitical disruption, which is the age-old method of dealing with sort of risk adversity, so companies like Zacks Rank #2 (Buy) Seabridge Gold SA should benefit, near term. Considering the region in which this turmoil has newly erupted, major energy companies like ExxonMobil XOM will be affected as well, though it's less clear the impact on oil prices will be as big now that less of the world is dependent on Middle East oil and gas. WTI and Brent crude numbers are mixed at this hour. Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Raytheon Company (RTN): Free Stock Analysis Report Seabridge Gold, Inc. (SA): Free Stock Analysis Report Exxon Mobil Corporation (XOM): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-04-10,90.6525,91.124,90.3361,90.6348,"SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) Ex-Dividend Date Scheduled for April 11, 2017 SCIENCE APPLICATIONS INTERNATIONAL CORPORATION ( SAIC ) will begin trading ex-dividend on April 11, 2017. A cash dividend payment of $0.31 per share is scheduled to be paid on April 28, 2017. Shareholders who purchased SAIC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that SAIC has paid the same dividend. At the current stock price of $73.04, the dividend yield is 1.7%. The previous trading day's last sale of SAIC was $73.04, representing a -18.73% decrease from the 52 week high of $89.87 and a 42.49% increase over the 52 week low of $51.26. SAIC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SAIC's current earnings per share, an indicator of a company's profitability, is $3.22. Zacks Investment Research reports SAIC's forecasted earnings growth in 2018 as 11.42%, compared to an industry average of 8.7%. For more information on the declaration, record and payment dates, visit the SAIC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SAIC through an Exchange Traded Fund [ETF]? The following ETF(s) have SAIC as a top-10 holding: First Trust NASDAQ Cybersecurity ETF ( CIBR ) First Trust Mid Cap Growth AlphaDEX Fund ( FNY ) First Trust NASDAQ Technology Dividend Index Fund ( TDIV ). The top-performing ETF of this group is TDIV with an increase of 10.64% over the last 100 days. CIBR has the highest percent weighting of SAIC at 3.29%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-04-11,90.4189,90.8972,89.9316,90.5913,"[""Are ADP Jobs Numbers Perfectly In Sync With NFP Private Payrolls Data?"", ""Are ADP Jobs Numbers Perfectly In Sync With NFP Private Payrolls Data?"", ""The 1 Stock You've Been Overlooking for Your Roth IRA The biggest benefit of investing through a Roth IRA is that any gains can be withdrawn tax-free down the road as long as you follow the rules . That makes this investment vehicle a great place to put stocks that hold lots of long-term upside potential. With that in mind, here's why I think Paycom Software (NYSE: PAYC) is an ideal stock to consider buying in your Roth IRA. The business Paycom's CEO and founder Chad Richison worked in the payroll industry for several frustrating years. Richison felt that the big players in payroll solutions offered products that were complicated to use and didn't provide employers with the tools they needed to effectively manage their business. In 1998, he set out on his own to create a better solution. Richison ended up launching the first cloud-based payroll processing software program in the country. What's more, he built his platform from the ground up with the goal of helping employers manage their employee's entire lifecycle. Today, Paycom's software can help HR teams with a range of critical functions like recruiting, time management, scheduling, training, benefits management, and more. Paycom's intuitive design and ever-expanding list of functions have proven to be a huge hit with businesses. The company has been rapidly adding new clients from coast to coast for years while maintaining a stellar retention rate of 91%. These numbers prove that the company can compete and win against industry giants like and Paychex and Automatic Data Processing . Flourishing financial statements One big benefit of offering software-as-a-service is that Paycom gets to bill for its services continually, providing the business with an ever-increasing source of recurring revenue. In fact, in the fourth quarter of 2016, 98% of Paycom's top line was derived from repeat business. With a dependable stream of revenue hitting its bank account each quarter, Paycom's management team can easily plan out its expenses to ensure that the bottom line also grows at a robust rate. That's exactly what investors have seen happen since the company's 2014 IPO. PAYC Revenue (TTM) data by YCharts . Meanwhile, the business is now throwing off enough cash that management can simultaneously invest in future growth and return cash to shareholders. We recently saw the company authorize and exhaust a $50 million stock repurchase program. That's not something you often see from fast-growing business. The opportunity With a competitive platform on the market and a rock-solid business model in place, Paycom has turned its full attention to expansion. Thankfully, even today, it appears that the company still has plenty of room left for future growth. As of the end of 2016, Paycom only had sales offices in 32 of the 50 largest metropolitan areas in the U.S. As the map below indicates, there is still a lot of white space left to fill. To take advantage of this wide-open market opportunity, management has announced plans to open 10 to 14 new sales offices through the country over the next few years. In addition, the company is already investigating the potential to expand overseas. Between gaining share in its existing markets and opening new sales offices, Paycom looks well positioned to post double-digit revenue and profit gains for years to come. I'm not the only bull Given all of the above, you might not be surprised to learn that Paycom has turned into a market darling. Shareholders who got in during the 2014 IPO have already enjoyed a gain of 250%, which is a market-crushing return. However, the company is currently trading at 78 times trailing earnings and 43 times forward earnings, both of which represent a huge premium to the market in general. Despite the premium price tag, I am personally of the belief that there is so much to like about Paycom's competitive position, financial statements, and market opportunity that they more than justify an investment today. If you agree, then buying Paycom through your Roth IRA could prove to be a financially savvy move. 10 stocks we like better than Paycom Software When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now...and Paycom Software wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of April 3, 2017. Brian Feroldi owns shares of Paycom Software. The Motley Fool owns shares of and recommends Paycom Software. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Are ADP Jobs Numbers Perfectly In Sync With NFP Private Payrolls Data?""]" ADP,2017-04-12,90.2817,90.6003,90.0678,90.481,"Is Paychex (PAYX) a Stock That Investors Should Hold on to? A prudent investment decision means buying stocks that offer solid prospects and selling those that appear risky. Again, at times it is rational to hold on to certain stocks that have enough potential but are weighed down by tough market conditions. Here, we take into account Paychex Inc.PAYX , a company with an expected long-term EPS growth rate of 8.88% and potential to perform well in the long run. Notably, Paychex outperformed the Zacks categorized Outsourcing industry in the last one year. The company gained 10.6% in the last one year compared with the Outsourcing industry's loss of 0.9%. Why Should You Hold the Stock? The Zacks Rank #3 (Hold) company showed an uptrend in terms of earnings, as is evident from its earnings beat in all the trailing four quarters, marking an average positive earnings surprise of 2.23%. If we look into Paychex's past performance, we note that its third-quarter fiscal 2017 earnings exceeded the Zacks Consensus Estimate while revenues missed the same. The company reported non-GAAP earnings per share of 55 cents, which beat the Zacks Consensus Estimate by a penny and grew 10% year over year primarily on the back of higher revenues. Notably, the year-over-year improvement on both counts was encouraging. Moreover, the company's reiterated outlook for fiscal 2017 is praiseworthy, indicating that it is relatively well placed despite current macroeconomic sluggishness. Furthermore, we are optimistic about Paychex's investments in product development and focus on building its sales force to support revenue growth. We also believe that the company's expansion initiatives such as joint ventures and acquisitions support the long-term growth strategy. Product launches are likely to be other growth drivers. Also, Paychex's focus on small and mid-sized businesses looking for HR solutions could provide growth opportunities. Revenue growth is an important metric for any company as it is a vital part of growth projections and instrumental in strategic decision-making. Also, revenue growth is essential to justify the fixed and variable expenses incurred to operate a business. Paychex has grown significantly over the years by providing industry-leading service and technology solutions to its clients and their employees. Its solid business model, diversified products and services, and strategic acquisitions have boosted top-line growth. Notably, revenues grew at a four-year (2012-2016) CAGR of 7.3%. Higher revenues will expand margins and increase profitability in the long run. Risks Remain Paychex is affected by weak economic conditions as employment levels tend to decline and interest rates might become more volatile. Lower or falling interest rates generally result in a decline in Paychex's float income. These conditions may have an adverse effect on Paychex's business owing to lower transaction volumes or loss of clients. Potential clients tend to lower their overall spending on payroll and other outsourcing services. We believe that this will put pressure on Paychex, thereby lowering revenue growth potential. Moreover, competition from Automatic Data Processing ADP and Insperity NSP remain the primary concerns. A better-ranked stock in the broader technology sector is Broadcom Limited AVGO , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Broadcom has a long-term expected earnings growth rate of 13.6%. Zacks' Best Private Investment Ideas While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Broadcom Limited (AVGO): Free Stock Analysis Report Insperity, Inc. (NSP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Paychex, Inc. (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-04-13,90.7423,90.7423,89.8508,89.8695, ADP,2017-04-17,90.481,90.5175,89.9593,90.4012,"Automatic Data (ADP) Up 8.1% Since Earnings Report: Can It Continue? A month has gone by since the last earnings report for Automatic Data Processing, Inc.ADP . Shares have added about 8.1% in that time frame, outperforming the market. Will the recent positive trend continue leading up to the stock's next earnings release, or is it due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Recent Earnings ADP reported second-quarter fiscal 2017 adjusted earnings from continuing operations of $1.13 per share, which beat the Zacks Consensus Estimate of $0.81 and jumped 52.7% on a year-over-year basis. After adjusting for gain on sale of business ($0.27), ADP reported earnings $0.87 per share, which increased 20% from the year-ago quarter. However, revenues of almost $2.99 billion missed the Zacks Consensus Estimate of $3.02 billion but grew 6.4% on a year-over-year basis. Quarter Details Employer Services revenues in the quarter increased 4% year over year to $2.31 billion at constant currency. The number of employees on ADP clients' payrolls in the U.S. increased 2.3% on a same-store-sales basis. Client revenue retention was up 10 basis points (bps) on a year-over-year basis. PEO Services revenues surged 12% year over year to $822.9 million. In the quarter, combined worldwide new business bookings for the company declined 5% on a year-over-year basis. New business bookings represent annualized recurring revenues expected from new orders. Interest on funds held for clients in the quarter increased 3% to $92 million. The company's average client funds balance inched up 2% year over year to $20.9 billion in the quarter while average interest yield of 1.8% remained flat on a year-over-year basis. Cost of revenues as percentage of revenues declined 80 bps to 59.2%, primarily due to lower operating expenses (down 50 bps) as well as systems development & programming costs (down 20 bps). As a result, gross margin expanded by the same magnitude on a year-over-year basis to 40.8%. Moreover, selling, general & administrative (SG&A) expense as percentage of revenues declined 90 bps in the reported quarter. Employer Services segment margin increased approximately 150 bps on a year-over-year basis driven by operational efficiencies and slower growth in selling expenses. Further, PEO Services segment margin increased approximately 120 bps in the quarter. ADP exited first-quarter 2017 with cash and cash equivalents (including short-term marketable securities) of approximately $2.71 billion compared with $2.82 billion as on Sep 30, 2016. Long-term debt was approximately $2 billion at the end of the quarter. Acquisition In Jan 2017, ADP acquired The Marcus Buckingham Company for total cash consideration of approximately $70 million and contingent consideration of up to $35 million payable over the next three years on fulfilment of certain conditions. Guidance ADP now anticipates year-over-year revenue growth of 6%, down from previous guidance of 7% to 8% for fiscal 2017. New business bookings are expected to remain flat from fiscal 2016, down from previous growth expectation of 4-6%. ADP continues to expect adjusted earnings to grow 15-17% over fiscal 2016 level. This represents almost 50 bps expansion in adjusted EBIT margin. The company projects Employer Services revenues to grow in the range of 3-4%, down from earlier guidance of 4-5% in fiscal 2017. The company estimates pay per control to increase 2.5% in the year. PEO Services revenues are expected to increase 13% down from earlier guidance range of 14-16% in the year. Additionally, the company expects interest on funds held for clients to increase $15 million or about 4% as compared with earlier guidance of $5-$10 million, or approximately 2-3% over fiscal 2016 level. It is based on estimated growth in average client funds balances of 3% from $22.4 billion in fiscal 2016. Further, the total contribution from client funds extended investment strategy is anticipated to be up $10 million (up from $5 million). Management continues to expect 11% to 13% growth in adjusted earnings as compared with $3.26 per share posted in fiscal 2016. The company expects share repurchases in the range of $1.2-$1.4 billion. How Have Estimates Been Moving Since Then? Analysts were quiet during the last one month period as none of them issued any earnings estimate revisions. Automatic Data Processing, Inc. Price and Consensus Automatic Data Processing, Inc. Price and Consensus | Automatic Data Processing, Inc. Quote VGM Scores At this time, ADP's stock has a subpar Growth Score of 'D', however its Momentum is doing a bit better with a 'C'. Charting a somewhat similar path, the stock was allocated a grade of 'D' on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of 'D'. If you aren't focused on one strategy, this score is the one you should be interested in. Based on our styles scores, the stock is suitable solely for momentum investors. Outlook The stock has a Zacks Rank #3 (Hold). We are expecting an inline return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-04-18,90.1387,90.9317,88.8181,90.4623, ADP,2017-04-19,90.6003,91.0155,90.3271,90.5726, ADP,2017-04-20,90.8144,91.6901,90.7147,91.4544, ADP,2017-04-21,91.4544,91.837,90.9514,91.1338, ADP,2017-04-24,92.2877,92.4544,91.5086,92.406, ADP,2017-04-25,92.406,93.3824,92.3588,93.197,"[""YieldBoost ADP From 2.2% To 8.8% Using Options Shareholders of Automatic Data Processing Inc. (Symbol: ADP) looking to boost their income beyond the stock's 2.2% annualized dividend yield can sell the January 2018 covered call at the $105 strike and collect the premium based on the $5.10 bid, which annualizes to an additional 6.6% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost ), for a total of 8.8% annualized rate in the scenario where the stock is not called away. Any upside above $105 would be lost if the stock rises there and is called away, but ADP shares would have to climb 0.1% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 5% return from this trading level, in addition to any dividends collected before the stock was called. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Automatic Data Processing Inc., looking at the dividend history chart for ADP below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 2.2% annualized dividend yield. Below is a chart showing ADP's trailing twelve month trading history, with the $105 strike highlighted in red: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2018 covered call at the $105 strike gives good reward for the risk of having given away the upside beyond $105. ( Do most options expire worthless? This and six other common options myths debunked ). We calculate the trailing twelve month volatility for Automatic Data Processing Inc. (considering the last 252 trading day closing values as well as today's price of $104.94) to be 16%. For other call options contract ideas at the various different available expirations, visit the ADP Stock Options page of StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Acadia Pharmaceuticals May Just Be the Best Long-Term Play on the Alzheimer's Disease Treatment Market Investor confidence in a potential acquisition of Acadia Pharmaceuticals(NASDAQ: ACAD) seems to have waned, and the stock's price has suffered as a result. However, with share prices at their current depressed level, Acadia could be a bargain should its key drug Nuplazid succeed in Alzheimer's disease psychosis. Alzheimer's is a tough nut to crack For pharmaceutical companies, a treatment for Alzheimer's disease (AD) has remained the holy grail. This devastating disease impacts millions of people, and potential treatments have garnered significant attention from patients and investors alike. Famous \""breakthrough\"" therapies such as Pfizer / Johnson & Johnson 's bapineuzumab and, most recently, Eli Lilly 's solanezumab have all failed to demonstrate disease-slowing effects in late-stage clinical trials. In fact, over the last decade, it has been estimated that around 99% of potential Alzheimer's treatments have failed. The issue with each of these products is that they all realy on the \""amyloid hypothesis\"" of understanding Alzheimer's disease. The underlying cause of AD is still unknown, but scientists have a theory based on the observation that a protein called \""amyloid-beta\"" tends to build up in large quantities in the brains of patients with AD. These proteins then group together to form a plaque, which blocks cell-to-cell communication. The amyloid hypothesis (which is as yet unproven) says that the underlying cause of AD is this buildup of amyloid-beta plaque. Assuming the amyloid hypothesis has merit, the next logical step would be to destroy the plaque buildups in patients' brains. And that's exactly what the aforementioned bapineuzumab and solanezumab set out to do. Both drugs were highly effective in clearing amyloid plaques from the brain. However, in long-term, phase 3 studies, neither drug showed an ability to halt or slow the progression of the underlying disease. Following the failures of bapineuzumab and solanezumab, the industry has now turned its watchful gaze to Biogen 's aducanumab, which is currently in phase 3 trials. Although this drug did show potential efficacy in phase 2 studies, this product still fundamentally adheres to the amyloid hypothesis of Alzheimer's. Although the entire Alzheimer's disease community would love to see aducanumab succeed, the odds are long. Could a different approach hold the solution? Acadia's main product, Nuplazid, takes a different approach to the treatment of Alzheimer's. Rather than attempting to halt or slow the progression of the underlying disease, Nuplazid is being studied in Alzheimer's disease psychosis (ADP), a psychiatric condition associated with the progression of Alzheimer's disease. Nuplazid is currently approved as a treatment for Parkinson's disease psychosis (PDP). According to company estimates, Parkinson's disease affects an estimated 1 million Americans, and around 40% of this population is affected by PDP. Since Nuplazid is currently priced at $24,000 for an annual treatment, the U.S. market alone is, in theory, worth $9.6 billion. As Nuplazid is both the first and only drug approved for this indication, Acadia shares could have more room to run based on continual growth in PDP alone. The Alzheimer's disease psychosis market has even more potential: Alzheimer's disease affects an estimated 5.4 million people in the United States alone. The company estimates that between 25% to 50% of patients diagnosed with Alzheimer's will eventually develop ADP. Should Nuplazid succeed in phase 3 studies for ADP, assuming annual pricing remains similar to PDP, Acadia would be targeting a total addressable market of between $32 billion and $65 billion. In December of last year, Acadia released positive top-line data for Nuplazid in a phase 2 study in ADP. In this 181-patient study, Nuplazid met its primary endpoint of demonstrating significant improvement over placebo at week 6 of the study. The company has indicated that it intends to begin phase 3 trials in the second half of 2017. Aside from Alzheimer's disease psychosis, Acadia is also in the process of advancing Nuplazid in mid-stage trials as a treatment for Alzheimer's disease agitation as well as adjunctive therapy for both schizophrenia and major depressive disorder. As all three of these are large indications with patient populations numbering in the millions, a hit in any one of these indications could be huge for Acadia. The risks involved While Nuplazid has multiple large shots-on-goal, this stock is definitely not for the faint-of-heart. As I have pointed out before , while Nuplazid did succeed in its phase 2 study as treatment for ADP, this study was not without its controversies. Namely, while the results were significant, they were barely so, with Nuplazid beating placebo at a p-value of .0451 (for reference, the cutoff for p-values is .05, and the closer to \""0\"" the better). In addition, while Acadia ended 2016 with $163 million in cash and cash equivalents, commercializing a drug is expensive. The company may need to undergo future equity raises -- thus diluting existing shareholders. Finally, it must be said that even for PDP, the results are still too early to discern trends. First launched commercially in May of 2016, Nuplazid has only been on the market for 11 months now. However, with so many shots-on-goal and the potential to tackle one of the largest indications out there, I would say Acadia is well worth the risk. After a significant pullback in April, I'd say now is a good time for risk-tolerant investors to consider buying shares of Acadia. 10 stocks we like better than Acadia Pharmaceuticals When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Acadia Pharmaceuticals wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of April 3, 2017 David Liang has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Biogen and Johnson & Johnson. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-04-26,92.7473,93.3183,92.5619,93.0639,"[""iShares Edge MSCI Min Vol USA ETF Experiences Big Inflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $130.9 million dollar inflow -- that's a 1.0% increase week over week in outstanding units (from 262,300,000 to 265,000,000). Among the largest underlying components of USMV, in trading today AT&T Inc (Symbol: T) is up about 0.6%, Automatic Data Processing Inc. (Symbol: ADP) is off about 0.2%, and Becton, Dickinson and Co. (Symbol: BDX) is relatively unchanged. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $43.45 per share, with $48.55 as the 52 week high point - that compares with a last trade of $48.52. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Dillon & Associates Inc Buys JPMorgan Chase, Danaher, Analog Devices, Sells Linear ... Dillon & Associates Inc New Purchases: JPM , ADI , HON , MRK, WFC, Added Positions:DHR, ABT, FB, NVO, PYPL, PEP, T, DIS, PAYC, CELG, Reduced Positions:HAIN, QCOM, ADP, JNJ, MCD, ABBV, CVS, CNI, SYY, HD, Sold Out:LLTC, VSM, BIVV, For the details of DILLON & ASSOCIATES INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=DILLON+%26+ASSOCIATES+INC These are the top 5 holdings of DILLON & ASSOCIATES INC Apple Inc ( AAPL ) - 116,260 shares, 7.13% of the total portfolio. Shares reduced by 0.86% Stryker Corp ( SYK ) - 100,027 shares, 5.62% of the total portfolio. Shares reduced by 0.83% Visa Inc ( V ) - 118,980 shares, 4.51% of the total portfolio. Shares added by 1.21% Colgate-Palmolive Co ( CL ) - 144,322 shares, 4.49% of the total portfolio. Shares reduced by 0.34% Automatic Data Processing Inc ( ADP ) - 93,867 shares, 4.08% of the total portfolio. Shares reduced by 1.29% New Purchase: JPMorgan Chase & Co (JPM) Dillon & Associates Inc initiated holdings in JPMorgan Chase & Co. The purchase prices were between $83.3 and $93.6, with an estimated average price of $88.22. The stock is now traded at around $88.83. The impact to the portfolio due to this purchase was 0.27%. The holdings were 7,310 shares as of 2017-03-31. New Purchase: Analog Devices Inc (ADI) Dillon & Associates Inc initiated holdings in Analog Devices Inc. The purchase prices were between $71.32 and $83.85, with an estimated average price of $78.53. The stock is now traded at around $78.03. The impact to the portfolio due to this purchase was 0.18%. The holdings were 5,163 shares as of 2017-03-31. New Purchase: Wells Fargo & Co (WFC) Dillon & Associates Inc initiated holdings in Wells Fargo & Co. The purchase prices were between $53.78 and $59.73, with an estimated average price of $56.74. The stock is now traded at around $54.89. The impact to the portfolio due to this purchase was 0.09%. The holdings were 3,775 shares as of 2017-03-31. New Purchase: Merck & Co Inc (MRK) Dillon & Associates Inc initiated holdings in Merck & Co Inc. The purchase prices were between $59.92 and $66.58, with an estimated average price of $63.58. The stock is now traded at around $62.84. The impact to the portfolio due to this purchase was 0.09%. The holdings were 3,216 shares as of 2017-03-31. New Purchase: Honeywell International Inc (HON) Dillon & Associates Inc initiated holdings in Honeywell International Inc. The purchase prices were between $116.18 and $127.25, with an estimated average price of $122.24. The stock is now traded at around $130.60. The impact to the portfolio due to this purchase was 0.09%. The holdings were 1,665 shares as of 2017-03-31. Added: Danaher Corp (DHR) Dillon & Associates Inc added to the holdings in Danaher Corp by 20.40%. The purchase prices were between $78.78 and $87.76, with an estimated average price of $83.96. The stock is now traded at around $83.01. The impact to the portfolio due to this purchase was 0.22%. The holdings were 34,956 shares as of 2017-03-31. Added: AT&T Inc (T) Dillon & Associates Inc added to the holdings in AT&T Inc by 63.23%. The purchase prices were between $40.61 and $43.02, with an estimated average price of $41.67. The stock is now traded at around $40.43. The impact to the portfolio due to this purchase was 0.07%. The holdings were 9,368 shares as of 2017-03-31. Added: Paycom Software Inc (PAYC) Dillon & Associates Inc added to the holdings in Paycom Software Inc by 24.75%. The purchase prices were between $43.93 and $57.51, with an estimated average price of $51.87. The stock is now traded at around $60.07. The impact to the portfolio due to this purchase was 0.06%. The holdings were 12,300 shares as of 2017-03-31. Added: The Kraft Heinz Co (KHC) Dillon & Associates Inc added to the holdings in The Kraft Heinz Co by 38.64%. The purchase prices were between $85.91 and $96.65, with an estimated average price of $90.13. The stock is now traded at around $91.16. The impact to the portfolio due to this purchase was 0.05%. The holdings were 4,887 shares as of 2017-03-31. Sold Out: Linear Technology Corp (LLTC) Dillon & Associates Inc sold out the holdings in Linear Technology Corp. The sale prices were between $61.98 and $65.45, with an estimated average price of $63.61. Sold Out: Versum Materials Inc (VSM) Dillon & Associates Inc sold out the holdings in Versum Materials Inc. The sale prices were between $26.78 and $31.17, with an estimated average price of $29.2. Sold Out: Bioverativ Inc (BIVV) Dillon & Associates Inc sold out the holdings in Bioverativ Inc. The sale prices were between $41.82 and $54.46, with an estimated average price of $47.97. Warning! GuruFocus has detected 6 Warning Signs with DHR. Click here to check it out. DHR 15-Year Financial Data The intrinsic value of DHR Peter Lynch Chart of DHR Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-04-27,93.411,93.7917,92.8795,93.3282,"Insperity (NSP) Q1 Earnings: Is a Surprise in the Cards? Insperity, Inc. NSP is set to report first-quarter 2017 results on May 1. Though the company reported a positive earnings surprise of 7.14% last quarter, it has an average negative earnings surprise of 0.76% over the trailing four quarters. Let's see how things are shaping up for this announcement. Factors to Consider We believe Insperity is well placed to benefit from the booming PEO industry. Moreover, improved client retention, diversified product portfolio, growth in worksite employees and strength in its ancillary products are the other positives. However, a sluggish global macro environment increases the risk of headcount reduction at client companies. An increase in health care costs does not bode well for Insperity as well as it is one of the major components of operating expenses. Furthermore, increasing competition from the likes of Automatic Data Processing Inc. ADP and TriNet Group, Inc. remains a concern. For the first quarter of 2017, Insperity projects adjusted earnings in the range of $1.78 to $1.87 a share. Adjusted EBITDA is projected in therange of $63 million to $66 million and average worksite employees (WSEs) are expected in the range of 174,200 to 175,800, representing growth of 10% to 11%. Insperity, Inc. Price and EPS Surprise Insperity, Inc. Price and EPS Surprise | Insperity, Inc. Quote Earnings Whispers Our proven model does not conclusively show that Insperity is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP : Insperity currently has a 0.00% ESP because both the Most Accurate estimate and the Zacks Consensus Estimate stand at $1.70. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank : Insperity has a Zacks Rank #3, which when combined with a 0.00% ESP, makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a couple of stocks that, as per our model, have the right combination of elements to post an earnings beat this quarter: AMTEK Inc. AME with an Earnings ESP of +1.79% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here . Exelixis, Inc. EXEL has an Earnings ESP of +100.00% and a Zacks Rank #3. The Best & Worst of Zacks Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 ""Strong Buys"" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +25% per year. Plus, you may download 220 Zacks Rank #5 ""Strong Sells."" Even though this list holds many stocks that seem to be solid, it has historically performed 6X worse than the market. See these critical buys and sells free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelixis, Inc. (EXEL): Free Stock Analysis Report AMTEK, Inc. (AME): Free Stock Analysis Report Insperity, Inc. (NSP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-04-28,93.2138,93.4287,92.5442,92.7286, ADP,2017-05-01,92.5442,92.6565,91.9356,92.2601,"[""First Week of ADP June 16th Options Trading Investors in Automatic Data Processing Inc. (Symbol: ADP) saw new options become available this week, for the June 16th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the ADP options chain for the new June 16th contracts and identified one put and one call contract of particular interest. The put contract at the $97.50 strike price has a current bid of 50 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $97.50, but will also collect the premium, putting the cost basis of the shares at $97.00 (before broker commissions). To an investor already interested in purchasing shares of ADP, that could represent an attractive alternative to paying $103.80/share today. Because the $97.50 strike represents an approximate 6% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 83%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 0.51% return on the cash commitment, or 4.07% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Automatic Data Processing Inc., and highlighting in green where the $97.50 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $105.00 strike price has a current bid of $1.65. If an investor was to purchase shares of ADP stock at the current price level of $103.80/share, and then sell-to-open that call contract as a \""covered call,\"" they are committing to sell the stock at $105.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 2.75% if the stock gets called away at the June 16th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if ADP shares really soar, which is why looking at the trailing twelve month trading history for Automatic Data Processing Inc., as well as studying the business fundamentals becomes important. Below is a chart showing ADP's trailing twelve month trading history, with the $105.00 strike highlighted in red: Considering the fact that the $105.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 58%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.59% boost of extra return to the investor, or 12.61% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example is 19%, while the implied volatility in the call contract example is 16%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $103.80) to be 16%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Q3 Earnings: What's Up? Automatic Data Processing Inc.ADP is set to release third-quarter fiscal 2017 earnings on May 3. Notably, the company has beaten the Zacks Consensus Estimate in the three of the trailing four quarters, with an average positive surprise of 5.31%. In the last quarter, ADP reported a positive earnings surprise of 7.41%. Adjusted earnings from continuing operations of $1.13 per share jumped 52.7% on a year-over-year basis. Moreover, revenues of almost $2.99 billion grew 6.4% on a year-over-year basis. The impressive results helped the stock outperform the Zacks Outsourcing industry on a year-to-date basis. While the industry lost 6.1%, the stock gained 1.6%. Let's see how things are shaping up for this announcement. Factors to Consider ADP holds a dominant position in the payroll processing and human capital management market (HCM), primarily owing to robust product portfolio. The company has a strong customer base with more than 650K clients across 110 countries. Automatic Data Processing, Inc. Price and EPS Surprise Automatic Data Processing, Inc. Price and EPS Surprise | Automatic Data Processing, Inc. Quote We believe that ADP's higher revenue per client and a decent customer retention ratio places it in an advantageous position. Further, the company continues to win new clients. During the quarter, ADP products were selected by the likes of Simmons Foods, and Areas - an international brand of Elior Group. Moreover, anticipated recovery in business bookings growth in second-half fiscal 2017 will boost results. However, increasing competition from the likes of Paychex, Equifax EFX , Insperity, Inc. and TriNet Group is a significant headwind. Earnings Whispers Our proven model does not conclusively show that ADP is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here, as you will see below. Zacks ESP : ADP's Earnings ESP is 0.00%. This is because both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at $1.23 per share. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank : ADP carries a Zacks Rank #3, which when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are some companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter: DragonWave DRWI with an Earnings ESP of +8.82% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here . Impinj PI with an Earnings ESP of +50% and a Zacks Rank #2. Sell These Stocks. Now. Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500. See today's Zacks \""Strong Sells\"" absolutely free >> . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equifax, Inc. (EFX): Free Stock Analysis Report DragonWave Inc (DRWI): Free Stock Analysis Report Impinj, Inc. (PI): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-05-02,92.4544,92.6743,91.9446,92.2966,"[""Insperity (NSP) Misses Q1 Earnings & Revenue Estimates Insperity Inc.NSP reported disappointing first-quarter 2017 numbers with both earnings and revenues lagging expectations. Adjusted earnings (including stock-based compensation) of $1.69 a share missed the Zacks Consensus Estimate by a penny but increased 10.5% from the year-ago quarter. The earnings per share (EPS) figure also missed the company's guided range of $1.78-$1.87 a share. Revenues of $882.7 million increased 10% on a year-over-year basis but lagged the Zacks Consensus Estimate of $886 million. The year-over-year growth was driven by 10% increase in average paid worksite employees. Revenues per worksite employee per month remained almost flat at $1,687. Insperity, Inc. Price, Consensus and EPS Surprise Insperity, Inc. Price, Consensus and EPS Surprise | Insperity, Inc. Quote Management stated that client attrition of 8.3% was significantly below the company's historical first-quarter levels of 10-12%, for the third consecutive year. However, net hiring of worksite employees by clients was 30% lower than the year-ago quarter. Shares fell 5.20% to close at $86.60 on May 1. We note that the stock has gained 22.1% on a year-to- date basis, significantly outperforming the Zacks Staffing industry's increase of 5.5%. Quarter Details Gross margin contracted 60 basis points (bps) on a year-over-year basis to 18.7% in the quarter. Adjusted EBITDA increased 2.5% year over year to $62.7 million, which was within management's guided range of $63-$66 million. EBITDA per worksite employee per month declined 8.3% in the quarter. Insperity's operating expenses increased 9.2% year over year to $105.9 million, reflecting a 13% increase in the number of total business performance advisors, and continuing investments in the company's technology infrastructure, security and development. As percentage of revenues, operating expenses decreased 10 bps from the year-ago quarter to 12%, primarily owing to operating leverage and budget savings. Operating expense per worksite employee per month declined from $204 in the year-ago quarter to $202 in the reported quarter. Non-bonus payroll cost per worksite employee per month increased 0.5% to $6,725. As a result, operating margin contracted almost 50 bps from the year-ago quarter to 6.1%. Operating income per worksite employee per month plunged 8.9% on a year-over-year basis to $102. Insperity exited the quarter with cash, marketable securities and restricted cash of $348.1 million compared with $330.5 million as on Dec 31, 2016. Insperity bought back 114,568 shares for $9.3 million and paid dividends totaling $5.3 million. The company increased quarterly dividend payout rate by 20% from 25 cents per share to 30 cents per share. Guidance For second-quarter 2017, Insperity projects adjusted earnings in a range of 65-71 cents per share. Adjusted EBITDA is projected in a range of $27-$29 million. Insperity now forecasts average paid worksite employees growth in the range of 9.5-10.5%. Insperity raised EPS guidance for full-year 2017. The company now projects adjusted EPS of $4.30 to $4.44, up from previous guidance of $4.21 to $4.42. The range reflects growth of 20-24% over 2016. Adjusted EBITDA range was narrowed to $162-$166 million as compared with previous guidance of $161-$168 million. Insperity now forecasts average paid worksite employees growth in the range of 11-12%, which is near the low end of initial guidance, primarily due to ongoing weakness in net hiring by clients and a slight shift in the timing of enrolment of two large midmarket accounts. Our Take Insperity is well placed to benefit from the booming professional employer organization (PEO) industry, strong client retention and growth in worksite employees in the long run. However, the company has not achieved the desired levels despite increasing average worksite employees, which remain a major concern. Additionally, a sluggish global macro environment can lead to headcount reductions at client companies. An increase in health care costs does not bode well for Insperity as it is one of the major components of operating expenses. Furthermore, increasing competition from the likes of Automatic Data Processing ADP and TriNet Group TNET remains a threat. Zacks Rank & Key Pick Insperity carries a Zacks Rank #3 (Hold). A better-ranked stock in the broader tech space is On Assignment ASGN , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Long-term earnings growth for On Assignment is currently pegged at 14%. 5 Trades Could Profit \""Big-League\"" from Trump Policies If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course. Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report On Assignment, Inc. (ASGN): Free Stock Analysis Report Insperity, Inc. (NSP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report TriNet Group, Inc. (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paylocity Holding (PCTY) Q3 Earnings: What's in the Cards? Paylocity Holding CorporationPCTY is set to report third-quarter 2017 results on May 4. Last quarter, the company delivered a positive earnings surprise of 75%. Let's see how things are shaping up for this announcement. Factors at Play Paylocity reported better-than-expected second-quarter results. Revenues also increased on a year-over-year basis driven by solid sales and operational implementation. We remain positive about Paylocity's regular investments in SaaS technology. Notably, over the past few quarters, clients moving from traditional payroll service providers to the company's SaaS-based services generated a significant portion of Paylocity's revenues. Hence, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the company's top line in the long run. Such initiatives are also likely to have a positive impact on its forthcoming results. Moreover, higher adoption of Paylocity's ACA dashboard application, which specializes in tracking employee count, employee status and health care plan affordability, will act as a tailwind. However, competition in the payroll processing sector from new entrants as well as existing players such as Automatic Data Processing, Inc. ADP , Oracle Corporation and SAP SE remains a major headwind. Paylocity Holding Corporation Price and EPS Surprise Paylocity Holding Corporation Price and EPS Surprise | Paylocity Holding Corporation Quote Earnings Whispers Our proven model does not conclusively show that Paylocitywill beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP: Paylocity's ESP is 0.00% since both the Most Accurate estimate and the Zacks Consensus Estimate stand at 12 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter Zacks Rank: Avnet carries a Zacks Rank #3, which increases the predictive power of ESP. However, we need to have a positive ESP to be confident of an earnings surprise. We caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is witnessing negative estimate revisions. Stocks to Consider Here are some companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter: Moody's Corporation MCO , with an Earnings ESP of +7.38% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here. MSCI Inc MSCI , with an Earnings ESP of +1.19% and a Zacks Rank #3 5 Trades Could Profit \""\""Big-League\""\"" from Trump Policies If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course. Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Moody's Corporation (MCO): Free Stock Analysis Report MSCI Inc (MSCI): Free Stock Analysis Report Paylocity Holding Corporation (PCTY): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-05-03,87.8143,88.4079,84.752,86.5362,"[""Earnings Scheduled For May 3, 2017"", ""ADP Reports Q3 EPS $1.31 vs $1.23 Est., Sales $3.4B vs $3.42B Est."", ""ADP Reports Q3 EPS $1.31 vs $1.23 Est., Sales $3.4B vs $3.42B Est."", ""Earnings Scheduled For May 3, 2017"", ""Noteworthy ETF Outflows: IYJ, LMT, GD, ADP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Industrials ETF (Symbol: IYJ) where we have detected an approximate $199.0 million dollar outflow -- that's a 16.4% decrease week over week (from 9,450,000 to 7,900,000). Among the largest underlying components of IYJ, in trading today Lockheed Martin Corp (Symbol: LMT) is off about 0.4%, General Dynamics Corp. (Symbol: GD) is down about 0.3%, and Automatic Data Processing Inc. (Symbol: ADP) is lower by about 5.6%. For a complete list of holdings, visit the IYJ Holdings page \u00bb The chart below shows the one year price performance of IYJ, versus its 200 day moving average: Looking at the chart above, IYJ's low point in its 52 week range is $103.82 per share, with $129.71 as the 52 week high point - that compares with a last trade of $128.31. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Beats Q3 Earnings Estimates, New Bookings Decline Automatic Data Processing Inc.ADP reported third-quarter fiscal 2017 adjusted earnings from continuing operations of $1.29 per share, beating the Zacks Consensus Estimate of $1.23. Including 2 cents per share tax benefit related to the adoption of new stock-based compensation accounting guidance, earnings were $1.31 per share, up 12% from the year-ago quarter. However, revenues of $3.41 billion missed the Zacks Consensus Estimate of $3.43 billion but grew 5% on a year-over-year basis. Automatic Data Processing, Inc. Price, Consensus and EPS Surprise Automatic Data Processing, Inc. Price, Consensus and EPS Surprise | Automatic Data Processing, Inc. Quote Shares were down more than 3.4% in pre-market trading . We note that ADP has underperformed the S&P 500 Index on a year-to-date basis. While the stock returned 1.3%, the S&P 500 gained 6.9%. Quarter Details Employer Services revenues in the quarter increased 2% year over year to $2.63 billion at constant currency. The number of employees on ADP clients' payrolls in the U.S. increased 2.5% on a same-store-sales basis. Client revenues retention declined 170 basis points (bps) on a year-over-year basis. PEO Services revenues surged 12% year over year to $974.4 million. In the quarter, combined worldwide new business bookings for the company declined 7% on a year-over-year basis. New business bookings represent annualized recurring revenues anticipated from new orders. Interest on funds held for clients in the quarter increased 9% to $112 million. The company's average client funds balance inched up 2% year over year to $27.3 billion in the quarter while average interest yield of 1.6% was up 10 bps on a year-over-year basis. Adjusted EBIT margin declined almost 20 bps to 24.6% primarily due to slower revenue growth and increased investments on product, sales, and service including dual operation costs related to the company's Service Alignment Initiative. Employer Services segment margin decreased approximately 40 bps on a year-over-year basis. Meanwhile, PEO Services segment margin increased approximately 100 bps in the quarter. Guidance ADP still anticipates year-over-year revenue growth of 6%. New business bookings are expected to decrease 5-7%, when compared to the $1.75 billion sold in fiscal 2016. Earlier, the company had anticipated new business bookings to remain flat on a year-over-year basis. ADP continues to expect adjusted earnings to grow 17-18%, up from 15-17% over fiscal 2016 level. This represents almost 50 bps expansion in adjusted EBIT margin. The company projects Employer Services revenues to grow in the range of 3-4%. The company estimates pay per control to increase 2.5% for the year. PEO Services revenues are expected to increase 13% and margin expansion of at least 100 bps. Additionally, the company anticipates interest on funds held for clients to increase $20 million or about 6% as compared with earlier guidance of $15 million, or approximately 4% over fiscal 2016 level. It is based on estimated growth in average client funds balances of 3% from $22.4 billion in fiscal 2016. Further, the total contribution from client funds extended investment strategy is anticipated to be up $15 million (up from $10 million). Our Take Automatic Data Processing holds a dominant position in the payroll processing and human capital management market, primarily owing to its robust product portfolio. We believe that the company's higher revenue per client and a decent customer retention ratio position it in an advantageous position. However, we expect the company's investments in new initiatives to weigh on near-term earnings. Moreover, the divestiture of Consumer Health Spending Account (CHSA) and Consolidated Omnibus Reconciliation Act (COBRA) businesses will impact top-line growth in the rest of 2017. Additionally, increasing competition from the likes of Paychex, Equifax EFX , Insperity Inc. NSP and TriNet Group Inc. TNET is a major headwind. Zacks Rank Currently, Automatic Data Processing carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equifax, Inc. (EFX): Free Stock Analysis Report Insperity, Inc. (NSP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report TriNet Group, Inc. (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for May 04, 2017 Evertec, Inc. ( EVTC ) will begin trading ex-dividend on May 04, 2017. A cash dividend payment of $0.1 per share is scheduled to be paid on June 09, 2017. Shareholders who purchased EVTC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that EVTC has paid the same dividend. At the current stock price of $15.6, the dividend yield is 2.56%. The previous trading day's last sale of EVTC was $15.6, representing a -16.13% decrease from the 52 week high of $18.60 and a 18.99% increase over the 52 week low of $13.11. EVTC is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). EVTC's current earnings per share, an indicator of a company's profitability, is $1.01. Zacks Investment Research reports EVTC's forecasted earnings growth in 2017 as -5.39%, compared to an industry average of 10.1%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for May 04, 2017 Simulations Plus, Inc. ( SLP ) will begin trading ex-dividend on May 04, 2017. A cash dividend payment of $0.05 per share is scheduled to be paid on May 15, 2017. Shareholders who purchased SLP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that SLP has paid the same dividend. At the current stock price of $12.55, the dividend yield is 1.59%. The previous trading day's last sale of SLP was $12.55, representing a -0.48% decrease from the 52 week high of $12.61 and a 86.2% increase over the 52 week low of $6.74. SLP is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Yahoo! Inc. ( YHOO ). SLP's current earnings per share, an indicator of a company's profitability, is $.31. Zacks Investment Research reports SLP's forecasted earnings growth in 2017 as 6.9%, compared to an industry average of 10.9%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Beats on Q3 Earnings Founded in 1949, New Jersey based- Automatic Data Processing Inc . ADP is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves approximately 637K clients across 125 nations. The company reports in three business segments - Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. The Employer Services segment includes human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. Automatic Data Processing, Inc. Price Automatic Data Processing, Inc. Price | Automatic Data Processing, Inc. Quote The Dealer Services segment provides integrated dealer management systems, digital marketing solutions and other business management solutions to the automotive, heavy truck, motorcycle, marine, recreational vehicle (RV), and heavy equipment retailers, distributors, and manufacturers. Zacks Rank : Currently, ADP has a Zacks Rank #3 (Hold) but that could change following its third-quarter fiscal 2017 earnings report which has just released. You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here . We have highlighted some of the key details from the just-released announcement below: Earnings : ADP's adjusted earnings from continuing operations came in at $1.29 per share, beating the Zacks Consensus Estimate of $1.23. Including tax benefit of 2 cents, earnings were $1.31 per share, which improved 12% on a year-over-year basis. Revenues : Revenues of $3.41 billion missed the Zacks Consensus Estimate of $3.43 billion but grew 5% on a year-over-year basis. Key Stats : New business bookings declined 7% on a year-over-year basis in the reported quarter. Stock Price : Shares prices did not show any movement in the pre-market trading session. Check back later for our full write up on this ADP earnings report later! Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Reports Q3 EPS $1.31 vs $1.23 Est., Sales $3.4B vs $3.42B Est."", ""Earnings Scheduled For May 3, 2017""]" ADP,2017-05-04,87.2443,87.973,86.608,87.9493, ADP,2017-05-05,88.1664,88.3291,87.5411,88.119,"Paylocity (PCTY) Q3 Earnings and Revenues Increase Y/Y Paylocity Holding CorporationPCTY reported third-quarter of fiscal 2017 non-GAAP earnings of 40 cents per share compared with 21 cents reported in the year-ago quarter. On a GAAP basis, Paylocity posted earnings of 27 cents per share compared with 12 cents per share reported in the year-ago quarter. Quarter Details The company's revenues came in at $90.3 million, beating the Zacks Consensus Estimate of $88 million. Rvenues also increased 27.9% year over year driven by new client addition and existing client growth. The top line was also backed by a 29% surge in recurring revenues (96% of total revenue) and a 12.3% increase in implementation and other revenues. The company's gross margin expanded 310 basis points (bps) year over year to 64.6%, primarily due to higher revenue base. Paylocity reported operating income of $14.9 million, higher than $6.2 million reported in the year-ago quarter. Operating margin came in at 16.5% compared with 8.8% reported in the year-ago quarter. Consequently, net income during the quarter was $14.8 million compared with $6.2 million in the year-ago period. Paylocity exited the quarter with cash and cash equivalents of $101.5 million compared with $82.2 million in the previous quarter. Receivables were $2.2 million compared with $2.1 million in the previous quarter. Paylocity has no long-term debt. The company generated $27.9 million of cash flow from operational activities during the quarter. Guidance The company provided outlook for the fourth-quarter and raised its fiscal 2017 guidance. For the fourth quarter of fiscal 2017, Paylocity expects revenues in the range of $73.1-$74.1 million. The Zacks Consensus Estimate is pegged at $75 million. Adjusted EBITDA is projected in the band of $5.3-$6.3 million. Non-GAAP earnings per share are expected to be in the range of 0-2 cents. For fiscal 2017, Paylocity anticipates revenues in the range of $297-$298 million (previously $296-$298 million). The Zacks Consensus Estimate stands at $297 million. Adjusted EBITDA is now projected in the range of $50-$51 million (previously $42-$43 million). Non-GAAP earnings per share are now expected within 57-59 cents (previously 41-43 cents). Share Price In the last one year, shares of Paylocity increased 22.3%, outperforming the Zacks Categorized Internet-Software industry, which gained 21.6%. Our Take Paylocity's both top and bottom line for the third quarter increased year over year. The company also raised its fiscal 2017 guidance. We remain positive about Paylocity's regular investments in SaaS technology. Notably, in the last few quarters, clients moving from traditional payroll service providers to the company's SaaS-based services generated a significant portion of Paylocity's revenues. Therefore, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the company's top line in the long run. Such initiatives are also likely to have positive impact on its forthcoming results. Furthermore, higher adoption of Paylocity's ACA dashboard application, which specializes in tracking employee count, employee status and health care plan affordability, will act as a tailwind. However, competition in the payroll processing sector from new entrants as well as existing players such as Automatic Data Processing, Inc. ADP , Oracle Corporation ORCL and SAP SE SAP remains a major headwind. Currently, Paylocity has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . More Stock News: 8 Companies Verge on Apple-Like Run Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs. A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paylocity Holding Corporation (PCTY): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report SAP SE (SAP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-05-08,88.3044,88.4356,85.5677,85.8192,"[""WageWorks Inc. Revenue Soars 44% WageWorks (NYSE: WAGE) reported first-quarter results on May 4. The administrator of health, commuter, and other employee benefits is enjoying sharply higher sales and profits, aided in part by its recent acquisitions. WageWorks results: The raw numbers Data source: WageWorks Q1 2017 earnings press release . What happened with WageWorks this quarter? WageWorks' healthcare sales surged 47% to $74 million, boosted by a 55% year-over-year increase in flexible spending accounts. COBRA revenue rose an even more impressive 84%, to $28.3 million, fueled by the Consumer Health Spending Account and Consolidated Omnibus Reconciliation Act businesses WageWorks acquired from Automatic Data Processing (NASDAQ: ADP) in November. And commuter revenue was $18.4 million, an increase of 6%. Together, this helped drive WageWorks' total revenue higher by 44%, to $125 million. \""Our selling season is off to another record setting pace, the pipeline is strong, as is the demand across all of our products,\"" said CEO Joe Jackson during a conference call with analysts. \""We're making excellent progress integrating ADP, CHSA, and COBRA businesses and expanding our reach in the commuter space.\"" Jackson also noted that WageWorks' has strengthened its relationship with ADP since the closing of the deal. WageWorks is also becoming more profitable as it grows. EBITDA (earnings before interest, taxes, depreciation, and amortization) -- adjusted to exclude stock-based compensation, acquisition-related expenses, and certain other items -- jumped 44% to $36.1 million. Adjusted operating income was $30.8 million, signifying growth of 52%. And adjusted net income surged 48%, to $17.6 million, or $0.46 per share. Looking forward WageWorks expects second-quarter revenue in the range of $117.5 million to $119.5 million, with adjusted EBITDA of $34 million to $35.6 million and non-GAAP EPS of $0.40 to $0.42. WageWorks also raised its 2017 full-year sales and EBITDA guidance, including: Revenue of $478 million to $484 million, up from previous estimates of $476 million to $484 million Adjusted EBITDA of $141 million to $145 million, up from $139 million to $143 million Additionally, WageWorks reiterated its guidance for full-year adjusted EPS of $1.75 to $1.80. \""In summary, we are pleased with our first-quarter performance and believe we're well positioned for continued success in 2017 and beyond,\"" said CFO Colm Callan. 10 stocks we like better than WageWorks When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and WageWorks wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of May 1, 2017 Joe Tenebruso has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing and WageWorks. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Bookings Fall 7% Automatic Data Processing (NASDAQ: ADP) reported fiscal third-quarter financial results on May 3. The leading provider of human capital management services delivered continues to deliver steady gains in revenue and earnings, but sluggish new business bookings suggest growth may be slowing. ADP results: The raw numbers Data source: ADP Q3 2017 earnings press release . What happened with ADP this quarter? Revenue grew 5% year over year to $3.4 billion, and 6% on an organic basis. Worldwide new business bookings, however, fell 7%. CEO Carlos Rodriguez said the decline was largely due to challenging comparisons to fiscal 2016 results that were boosted by sales related to the Affordable Care Act. \""I'd like to remind you that the Affordable Care Act factor was quite unique in that it helped accelerate various buying decisions across our mid- and upmarkets both from new client share and our existing base,\"" Rodriguez said during a conference call with analysts. Employer Services, which includes ADP's human capital management and human resources outsourcing businesses, saw revenue increase 2% (3% organically) to $2.6 billion, with the number of employees on ADP clients' payrolls in the U.S. increasing 2.5%. Client revenue retention, though, fell 170 basis points year over year. And segment margin decreased 40 basis points, to 36.7%, as ADP continued to invest in the business despite slower revenue growth. In turn, employer services earnings from continuing operations rose less than 1%, to $964 million. Commenting on the retention rate decline, Rodriguez said: PEO Services, which is ADP's co-employment division, delivered a 12% increase in revenue, to $974 million. Average worksite employees paid increased 12% to approximately 471,000. And PEO services earnings from continuing operations jumped 23% to $120 million, as segment margin improved by 100 basis points to 12.3%. All told, ADP's pre-tax earnings rose 4% year over year to $828 million, with pre-tax margin decreasing 20 basis points to 24.3%. And earnings per share from continuing operations -- which were boosted by tax benefits and share buybacks -- rose 12% to $1.31. Looking forward Recent booking trends prompted ADP to cut its fiscal 2017 full-year bookings guidance. ADP now expects worldwide new business bookings to decrease 5% to 7% from the $1.75 billion sold in fiscal 2016. That's down from the guidance ADP issued in the second quarter, which called for bookings to be about flat versus fiscal 2016's results, and the 4% to 6% year-over-year growth ADP had anticipated back in the first quarter. ADP did, however, reiterate its guidance for full-year revenue growth of 6%. It also raised its profit outlook, as it now expects adjusted EPS to increase 13% to 14% -- up from 11% to 13% -- due to an anticipated lower effective tax rate. \""We were disappointed with this quarter's 7% decline in new business bookings but we remain otherwise pleased with the underlying performance and continued resilience of our overall business and accordingly are reaffirming our full year revenue and margin guidance,\"" said CFO Jan Siegmund in a press release. \""Despite the pressure on new business bookings and retention, we remain confident in the enduring qualities of our business,\"" added Rodriguez. 10 stocks we like better than Automatic Data Processing When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now...and Automatic Data Processing wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of May 1, 2017. Joe Tenebruso has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-05-09,85.755,86.4661,85.3458,86.1564, ADP,2017-05-10,86.0558,86.5282,85.0637,85.755, ADP,2017-05-11,85.6682,85.7275,85.0805,85.6051, ADP,2017-05-12,85.6998,86.3498,85.4187,86.2334,"Balentine LLC Buys iShares MSCI ACWI Index Fund, Qualcomm Inc, National Commerce Corp, Sells ... Balentine LLC New Purchases: NCOM , NVEC , SCHM , SCHV, SUN, 4ETA, MGK, APD, IYF, JAZZ, Added Positions:ACWI, IEMG, QCOM, AAPL, AGG, VWO, FB, ADBE, UPS, ACN, Reduced Positions:IDXX, ESRX, MA, XOM, SEP, CW, CTXS, PEP, BPL, STI, Sold Out:VTR, REG, WY, ADS, ETP, ETP, VREX, PDM, NLY, MJN, For the details of Balentine LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Balentine+LLC These are the top 5 holdings of Balentine LLC iShares Russell 1000 Value ( IWD ) - 5,385,018 shares, 61% of the total portfolio. Shares added by 0.83% iShares Core MSCI Emerging Markets ( IEMG ) - 4,733,404 shares, 22.29% of the total portfolio. Shares added by 1.77% iShares Russell 2000 Value ( IWN ) - 386,576 shares, 4.5% of the total portfolio. Shares added by 0.30% Automatic Data Processing Inc ( ADP ) - 125,195 shares, 1.26% of the total portfolio. Shares added by 0.52% iShares MSCI ACWI Index Fund ( ACWI ) - 176,191 shares, 1.1% of the total portfolio. Shares added by 552.78% New Purchase: National Commerce Corp (NCOM) Balentine LLC initiated holdings in National Commerce Corp. The purchase prices were between $35 and $38.45, with an estimated average price of $37.04. The stock is now traded at around $38.30. The impact to the portfolio due to this purchase was 0.07%. The holdings were 20,608 shares as of 2017-03-31. New Purchase: Schwab U.S. Mid Cap (SCHM) Balentine LLC initiated holdings in Schwab U.S. Mid Cap. The purchase prices were between $45.15 and $48.18, with an estimated average price of $46.74. The stock is now traded at around $47.53. The impact to the portfolio due to this purchase was 0.03%. The holdings were 7,031 shares as of 2017-03-31. New Purchase: Sunoco Logistics Partners LP (SUN) Balentine LLC initiated holdings in Sunoco Logistics Partners LP. The purchase prices were between $21.1 and $25.4, with an estimated average price of $23.2. The stock is now traded at around $21.88. The impact to the portfolio due to this purchase was 0.03%. The holdings were 11,729 shares as of 2017-03-31. New Purchase: Schwab U.S. Large-Cap Value (SCHV) Balentine LLC initiated holdings in Schwab U.S. Large-Cap Value. The purchase prices were between $48.04 and $50.84, with an estimated average price of $49.3. The stock is now traded at around $49.65. The impact to the portfolio due to this purchase was 0.03%. The holdings were 5,216 shares as of 2017-03-31. New Purchase: NVE Corp (NVEC) Balentine LLC initiated holdings in NVE Corp. The purchase prices were between $70.43 and $85.34, with an estimated average price of $77.54. The stock is now traded at around $78.80. The impact to the portfolio due to this purchase was 0.03%. The holdings were 3,122 shares as of 2017-03-31. New Purchase: Vanguard Mega Cap Growth (MGK) Balentine LLC initiated holdings in Vanguard Mega Cap Growth. The purchase prices were between $87.11 and $96.07, with an estimated average price of $92.75. The stock is now traded at around $98.98. The impact to the portfolio due to this purchase was 0.02%. The holdings were 2,589 shares as of 2017-03-31. Added: iShares MSCI ACWI Index Fund ( ACWI ) Balentine LLC added to the holdings in iShares MSCI ACWI Index Fund by 552.78%. The purchase prices were between $59.17 and $63.54, with an estimated average price of $61.89. The stock is now traded at around $64.93. The impact to the portfolio due to this purchase was 0.93%. The holdings were 176,191 shares as of 2017-03-31. Added: Qualcomm Inc (QCOM) Balentine LLC added to the holdings in Qualcomm Inc by 654.70%. The purchase prices were between $52.66 and $66.88, with an estimated average price of $58.02. The stock is now traded at around $54.68. The impact to the portfolio due to this purchase was 0.17%. The holdings were 35,486 shares as of 2017-03-31. Added: Vanguard FTSE Emerging Markets (VWO) Balentine LLC added to the holdings in Vanguard FTSE Emerging Markets by 31.58%. The purchase prices were between $35.78 and $40.47, with an estimated average price of $38.55. The stock is now traded at around $40.71. The impact to the portfolio due to this purchase was 0.06%. The holdings were 66,045 shares as of 2017-03-31. Added: Apple Inc (AAPL) Balentine LLC added to the holdings in Apple Inc by 45.81%. The purchase prices were between $115.82 and $144.12, with an estimated average price of $131.33. The stock is now traded at around $153.95. The impact to the portfolio due to this purchase was 0.06%. The holdings were 13,046 shares as of 2017-03-31. Added: iShares Core U.S. Aggregate Bond (AGG) Balentine LLC added to the holdings in iShares Core U.S. Aggregate Bond by 112.11%. The purchase prices were between $107.12 and $109, with an estimated average price of $108.19. The stock is now traded at around $108.52. The impact to the portfolio due to this purchase was 0.06%. The holdings were 11,051 shares as of 2017-03-31. Added: Facebook Inc (FB) Balentine LLC added to the holdings in Facebook Inc by 88.89%. The purchase prices were between $116.86 and $142.65, with an estimated average price of $133.64. The stock is now traded at around $150.04. The impact to the portfolio due to this purchase was 0.03%. The holdings were 2,261 shares as of 2017-03-31. Sold Out: Ventas Inc (VTR) Balentine LLC sold out the holdings in Ventas Inc. The sale prices were between $59.36 and $65.41, with an estimated average price of $62.27. Sold Out: Weyerhaeuser Co (WY) Balentine LLC sold out the holdings in Weyerhaeuser Co. The sale prices were between $30.21 and $34.19, with an estimated average price of $32.53. Sold Out: Regency Centers Corp (REG) Balentine LLC sold out the holdings in Regency Centers Corp. The sale prices were between $62.58 and $71.7, with an estimated average price of $68.54. Sold Out: Alliance Data Systems Corp (ADS) Balentine LLC sold out the holdings in Alliance Data Systems Corp. The sale prices were between $221.7 and $249, with an estimated average price of $237.06. Sold Out: Energy Transfer Partners LP (ETP) Balentine LLC sold out the holdings in Energy Transfer Partners LP. The sale prices were between $31.41 and $37.45, with an estimated average price of $34.73. Sold Out: Energy Transfer Partners LP (ETP) Balentine LLC sold out the holdings in Energy Transfer Partners LP. The sale prices were between $31.41 and $37.45, with an estimated average price of $34.73. Reduced: IDEXX Laboratories Inc (IDXX) Balentine LLC reduced to the holdings in IDEXX Laboratories Inc by 36.19%. The sale prices were between $115.95 and $154.72, with an estimated average price of $137.84. The stock is now traded at around $163.17. The impact to the portfolio due to this sale was -0.03%. Balentine LLC still held 3,401 shares as of 2017-03-31. Reduced: Express Scripts Holding Co (ESRX) Balentine LLC reduced to the holdings in Express Scripts Holding Co by 96.57%. The sale prices were between $63.84 and $73.16, with an estimated average price of $68.81. The stock is now traded at around $60.66. The impact to the portfolio due to this sale was -0.02%. Balentine LLC still held 77 shares as of 2017-03-31. Reduced: Mastercard Inc (MA) Balentine LLC reduced to the holdings in Mastercard Inc by 43.79%. The sale prices were between $105 and $112.83, with an estimated average price of $109.61. The stock is now traded at around $116.53. The impact to the portfolio due to this sale was -0.02%. Balentine LLC still held 2,118 shares as of 2017-03-31. Reduced: Occidental Petroleum Corp (OXY) Balentine LLC reduced to the holdings in Occidental Petroleum Corp by 75.73%. The sale prices were between $62.06 and $72.27, with an estimated average price of $66.53. The stock is now traded at around $61.07. The impact to the portfolio due to this sale was -0.01%. Balentine LLC still held 257 shares as of 2017-03-31. Reduced: SunTrust Banks Inc (STI) Balentine LLC reduced to the holdings in SunTrust Banks Inc by 26.15%. The sale prices were between $53.84 and $61.39, with an estimated average price of $57.3. The stock is now traded at around $56.95. The impact to the portfolio due to this sale was -0.01%. Balentine LLC still held 3,058 shares as of 2017-03-31. Reduced: Boeing Co (BA) Balentine LLC reduced to the holdings in Boeing Co by 67.43%. The sale prices were between $156.97 and $183.91, with an estimated average price of $170.33. The stock is now traded at around $183.94. The impact to the portfolio due to this sale was -0.01%. Balentine LLC still held 114 shares as of 2017-03-31. ACWI 15-Year Financial Data The intrinsic value of ACWI Peter Lynch Chart of ACWI Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-05-15,86.0923,87.4494,85.8704,87.3714,"[""Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for May 16, 2017 Computer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on May 16, 2017. A cash dividend payment of $0.2 per share is scheduled to be paid on June 02, 2017. Shareholders who purchased CPSI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -20% decrease from the prior dividend payment. At the current stock price of $33.23, the dividend yield is 2.41%. The previous trading day's last sale of CPSI was $33.23, representing a -25.49% decrease from the 52 week high of $44.59 and a 82.05% increase over the 52 week low of $18.25. CPSI is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CPSI's current earnings per share, an indicator of a company's profitability, is $.44. Zacks Investment Research reports CPSI's forecasted earnings growth in 2017 as -8.81%, compared to an industry average of 4.7%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monday\u2019s Vital Data: Apple Inc. (AAPL), Amazon.com, Inc. (AMZN) and Snap Inc (SNAP) InvestorPlace - Stock Market News, Stock Advice & Trading Tips U.S. stock futures are mixed this morning, even as oil prices rally on an unexpected alliance between Saudi Arabia and Russia on production cuts. In a joint statement after this weekend's Group of 20 meeting, the energy ministers of Russia and Saudi Arabia agreed that the current OPEC production cut should be extended by nine months, three months longer than analysts were expecting. Crude futures have rallied over 3% to $49.40 per barrel on the news. Against this backdrop, futures on the Dow Jones Industrial Average are up 0.2% and S&P 500 futures have added 0.13%, while Nasdaq-100 futures are down 0.04%. Driving Friday's options activity, Apple Inc. (NASDAQ: AAPL ) saw heavy call volume as traders rushed to position themselves to claim a chunk of the roughly $3 billion in dividends the company is paying out this week. Elsewhere, Amazon.com, Inc. (NASDAQ: AMZN ) pulled in call activity following reports that Prime TV could be heading to the Apple TV following a two-year hiatus. Finally, a dispute has risen over whether Snap Inc (NYSE: SNAP ) beat or missed consensus earnings expectations last week. Apple Inc. (AAPL) Today is the last day to buy AAPL stock if you're looking to cash in on Apple's quarterly dividend of 63 cents per share this Wednesday. In total, the payout is roughly $3 billion in cash - quite a hefty sum, and one AAPL stock traders have been anxiously awaiting. Typically, stocks trade lower as dividends are paid out, but Apple shares are trading marginally higher in pre-market action, up 0.25% at $156.49 at last check. 7 Stocks That Will Get Crushed in the Next Crash On Friday, Apple call options were the place to be. More than 2.1 million contracts changed hands on AAPL stock, with calls snapping up 76% of the day's take. As a result of Friday's influx of call options, AAPL's June put/call open interest ratio ticked fractionally lower to 1.29 from Friday's reading of 1.3 . This ratio still ranks near all-time-high territory, and is indicative that, despite the dividend payout, options traders remain mostly bearish on AAPL stock's prospects over the short term. Amazon.com, Inc. (AMZN) Rumors are floating around Wall Street that Apple and Amazon have mended their rift, at least where Prime TV and Apple TV are concerned. Prime TV is reportedly returning to Apple's set-top box , with Apple expected to make the announcement at its Worldwide Developers Conference (WWDC) on June 5. Additionally, rumors call for Amazon to start carrying the Apple TV once again, after the device was de-listed due to a lack of \""acceptable business terms.\"" AMZN options traders were keen on the idea of Prime TV heading back to Apple, with calls making up 57% of the more than 426,000 contracts traded on Friday. That said, puts still rule the roost in the June series for AMZN stock, with the put/call OI ratio arriving at 1.12. With AMZN trading in all-time high territory, some caution is warranted, and many of the deep-out-of-the-money puts, like the 1,100 contracts at the $920 strike, may in fact be sold as a way to collect premium. Snap Inc (SNAP) Snap judgments were made on Snap Inc's earnings last week, and SNAP stock paid the price. Specifically, estimates from analysts affiliated with the 10 underwriting firms for Snap's IPO placed expectations at revenue of $138.4 million, some $30 million below estimates from those with no connection to the underwriting firms. Snap reported revenue of $149.6 million, appearing to miss consensus expectations, but topping targets set by analysts with more knowledge of the situation. Regardless, expectations were exceedingly high, even for the perceived minor miss compared to the widely accepted consensus target, hinting that more was at play than just a revenue miss. Still, Friday's report on the divergence in expectations helped SNAP stock rebound more than 6%, and the shares are up another 2% in pre-market action this morning. 5 Must-See Bank of America Corp (BAC) Stock Pictures What's more, SNAP options traders appear to be reevaluating their stance on the shares. Friday's action saw calls snap up 55% of the more than 414,000 contracts traded on SNAP stock. Calls have been quite active on SNAP since Thursday last week , sending the June put/call OI ratio down from a reading of 1.17 to its current perch at 1. Peak call OI at the $20 strike has declined to about 3,700 from 3,900, but $19 strike call OI has risen steadily and now tops 3,300. With SNAP in recovery mode from last week's earnings debacle, expect more call activity in the coming weeks. As of this writing, Joseph Hargett did not hold a position in any of the aforementioned securities. More From InvestorPlace The 7 Best REITs You Must Buy Right Now! 10 Dividend Aristocrats That Are Ready to Rally Automatic Data Processing (ADP) Stock Is a Trader's Dream Right Now The post Monday's Vital Data: Apple Inc. (AAPL), Amazon.com, Inc. (AMZN) and Snap Inc (SNAP) appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Stock Is a Trader\u2019s Dream Right Now InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of payment processing company Automatic Data Processing (NASDAQ: ADP ) have dropped about 7% over the past two weeks in response to its May 3 earnings report. While ADP stock is largely in a well-defined uptrend through a multiyear lens, for the near-term, there's a well-defined line in the sand that active investors and traders can use to their advantage. For its most recent quarter, ADP beat analyst expectations on the top and bottom lines, and both were higher on a year-over-year basis. The company also raised its dividend from 53 cents to 57 cents for a current dividend yield of about 2.4%. However, investors were disappointed in ADP's fiscal-year forecast that global new business bookings will likely decrease 5%-7%. Previously, the company had guided new business bookings as flat YOY. Let's dive into the charts. ADP Stock Charts On the multiyear chart we see that Automatic Data Processing has largely pushed higher in a well-defined uptrending channel for the past few years. Click to Enlarge The upper end of this channel was recently rejected, and ADP stock is now trading just below the middle of the channel. Note that the lower end of the channel is also supported by the 100-week simple moving average (blue). 7 Stocks That Will Get Crushed in the Next Crash When it comes to trend following techniques, there are usually two ways to trade these trends. One way is to buy the lower end of the trend and take partial or full profits once the stock has worked its way back to the upper end of range. The other way is to \""fade\"" the trends for pure trades (i.e., short or make otherwise bearish bets on the stock once it reaches the upper end of range, then cover those bets at the lower end of range). Currently, because ADP is not yet at the lower end of the range, but rather somewhere in the middle, I'm calling for a more tactical approach. On the daily chart, we see that as a result of the last two weeks of selling pressure, ADP stock has arrived at an area of technical confluence support. Click to Enlarge Specifically, the support are is made up of horizontal support from last December and this past February. Note that this area around the $95-$96 area formerly acted as resistance. Furthermore, this juncture is now also intersected by the 200-day simple moving average (red). In other words, there is plenty of technical support to play the stock higher from here for a bounce, particularly as a break below this support area would serve as a clear stop-loss signal. So, risk is very well-defined. 3 Stocks to Watch on Monday: Tesla Inc (TSLA), Alphabet Inc (GOOGL) and PureFunds ISE Cyber Security ETF (HACK) On Friday, May 12, ADP started staging an initial bounce, triggering an early B2 Reversal Buy signal (my proprietary trading indicator that works on multiple trading platforms). I would still like to see the stock push and hold above $97.50 before buying it. But if and when that does occur, a move back into the $100 mark could serve as a next upside target. The $95.60 area is a well-defined stop-loss area. If this area is broken, that could set up a short-side trade into the low $90s for more aggressive traders. Like what you see? Sign up for our daily Beat the Bell e-letter and get Serge'sinvestment advicedelivered to your inbox every morning! Download Serge's Free Special Report: 6 Keys for Successful Trading and Investing. More From InvestorPlace Trade of the Day: Silicon Laboratories (SLAB) Stock Has its Eyes on New Highs 9 Dividend Stocks to Buy for 6%-Plus Yields 3 Cybercrime Stocks to Buy (FTNT, IMPV, PANW) The post Automatic Data Processing (ADP) Stock Is a Trader's Dream Right Now appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-05-16,87.3182,87.6446,87.1032,87.252, ADP,2017-05-17,86.7048,87.0431,86.2876,86.3498,"Cognizant Technology Solutions Corporation (CTSH) Ex-Dividend Date Scheduled for May 18, 2017 Cognizant Technology Solutions Corporation ( CTSH ) will begin trading ex-dividend on May 18, 2017. A cash dividend payment of $0.15 per share is scheduled to be paid on May 31, 2017. Shareholders who purchased CTSH prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $65.19, the dividend yield is .92%. The previous trading day's last sale of CTSH was $65.19, representing a -0.09% decrease from the 52 week high of $65.25 and a 43.46% increase over the 52 week low of $45.44. CTSH is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CTSH's current earnings per share, an indicator of a company's profitability, is $2.74. Zacks Investment Research reports CTSH's forecasted earnings growth in 2017 as 10.44%, compared to an industry average of 9.2%. For more information on the declaration, record and payment dates, visit the CTSH Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CTSH through an Exchange Traded Fund [ETF]? The following ETF(s) have CTSH as a top-10 holding: SPDR S&P Software & Services ETF ( XSW ). The top-performing ETF of this group is XSW with an increase of 10.87% over the last 100 days. It also has the highest percent weighting of CTSH at 0.87%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-05-18,86.2146,87.55,85.9049,87.2807,"Intuit (INTU) to Report Q3 Earnings: Will it Disappoint? Intuit Inc.INTU is set to report third-quarter fiscal 2017 results on May 23. The company delivered a positive earnings surprise of 16.67% in the last reported quarter. Let's see how things are shaping up for this announcement. Factors at Play Intuit reported modest fiscal second-quarter 2016 results. However, its revenue performance improved on a year-over-year basis, primarily due to better-than-expected growth in QuickBooks Online. We are positive about Intuit's growing SMB exposure and believe that its strategic acquisitions will boost the segment. Increased adoption of its cloud-based services and products is another positive. Intuit has also restructured its business to focus on the QuickBooks services. The company expects to continue investing in this portfolio, which is likely to hurt its near-term profitability. Moreover, rising competition from payroll solution providers such as Paycom Software Inc. and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Intuit Inc. Price and EPS Surprise Intuit Inc. Price and EPS Surprise | Intuit Inc. Quote Earnings Whispers Our proven model does not conclusively prove that Intuit will beat on earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP: Intuit's ESP is -0.27% since the Most Accurate estimate of $3.64 per share is less than the Zacks Consensus Estimate of $3.65 per share. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Intuit carries a Zacks Rank #4 (Sell). We caution against stocks with a Zacks Rank #4 or 5 (Strong Sell) going into the earnings announcement, especially when the company is witnessing negative estimate revisions. Stocks to Consider Here are some companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter. Best Buy Co., Inc. BBY , with an Earnings ESP of +10% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here. CareDx, Inc. CDNA , with an Earnings ESP of +40% and a Zacks Rank #3. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intuit Inc. (INTU): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report CareDx, Inc. (CDNA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-05-19,87.2709,87.7856,86.8725,87.5224,"[""Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for May 22, 2017 Jack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on May 22, 2017. A cash dividend payment of $0.31 per share is scheduled to be paid on June 09, 2017. Shareholders who purchased JKHY prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.71% increase over prior dividend payment. At the current stock price of $98.85, the dividend yield is 1.25%. The previous trading day's last sale of JKHY was $98.85, representing a -0.81% decrease from the 52 week high of $99.66 and a 25.13% increase over the 52 week low of $79. JKHY is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). JKHY's current earnings per share, an indicator of a company's profitability, is $3.37. Zacks Investment Research reports JKHY's forecasted earnings growth in 2017 as .88%, compared to an industry average of .9%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to JKHY through an Exchange Traded Fund [ETF]? The following ETF(s) have JKHY as a top-10 holding: PowerShares Dynamic Software ( PSJ ) PowerShares S&P MidCap Low Volatility Portfolio ( XMLV ). The top-performing ETF of this group is PSJ with an increase of 13.57% over the last 100 days. It also has the highest percent weighting of JKHY at 2.68%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing a Top Ranked SAFE Dividend Stock With 2.3% Yield (ADP) Automatic Data Processing Inc. (Symbol: ADP) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.3% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report. According to the ETF Finder at ETF Channel , Automatic Data Processing Inc. is a member of the iShares S&P 1500 Index ETF ( ITOT ), and is also an underlying holding representing 0.86% of the SPDR S&P Dividend ETF ( SDY ), which holds $131,365,680 worth of ADP shares. Automatic Data Processing Inc. (Symbol: ADP) made the \""Dividend Channel S.A.F.E. 25\"" list because of these qualities: S . Solid return - hefty yield and strong DividendRank characteristics; A. Accelerating amount - consistent dividend increases over time; F . Flawless history - never a missed or lowered dividend; E. Enduring - at least two decades of dividend payments. The annualized dividend paid by Automatic Data Processing Inc. is $2.28/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 06/07/2017. Below is a long-term dividend history chart for ADP, which the report stressed as being of key importance. ADP operates in the Information Technology Services sector, among companies like International Business Machines Corp. ( IBM ), and Accenture plc ( ACN ). Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-05-22,87.3961,88.3548,87.3626,88.258, ADP,2017-05-23,88.1851,88.3379,87.9119,88.3291,"[""DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for May 24, 2017 DST Systems, Inc. ( DST ) will begin trading ex-dividend on May 24, 2017. A cash dividend payment of $0.36 per share is scheduled to be paid on June 09, 2017. Shareholders who purchased DST prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.86% increase over prior dividend payment. At the current stock price of $119.54, the dividend yield is 1.2%. The previous trading day's last sale of DST was $119.54, representing a -7.09% decrease from the 52 week high of $128.66 and a 26.47% increase over the 52 week low of $94.52. DST is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). DST's current earnings per share, an indicator of a company's profitability, is $19.41. Zacks Investment Research reports DST's forecasted earnings growth in 2017 as 13.9%, compared to an industry average of 9.7%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for May 24, 2017 Open Text Corporation ( OTEX ) will begin trading ex-dividend on May 24, 2017. A cash dividend payment of $0.132 per share is scheduled to be paid on June 16, 2017. Shareholders who purchased OTEX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 14.78% increase over prior dividend payment. At the current stock price of $32.55, the dividend yield is 1.62%. The previous trading day's last sale of OTEX was $32.55, representing a -7.55% decrease from the 52 week high of $35.21 and a 17.76% increase over the 52 week low of $27.64. OTEX is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). OTEX's current earnings per share, an indicator of a company's profitability, is $4.35. Zacks Investment Research reports OTEX's forecasted earnings growth in 2017 as -67.06%, compared to an industry average of 9.7%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-05-24,88.2955,88.7984,88.2413,88.7295,"Intuit (INTU) Tops Q3 Earnings & Revenues, Raises FY17 View Intuit Inc. INTU reported stellar third-quarter fiscal 2017 results. The company reported adjusted income (including stock-based compensation but excluding amortization and other one-time items) from continuing operations of $3.71 per share, surpassing the Zacks Consensus Estimate of $3.67. On a GAAP basis, earnings from continuing operations were $3.70 per share compared with the year-ago figure of $3.26. Intuit's share price movement has been quite impressive of late. Over the last one year, its shares have gained 31.9% compared with 26.3% increase recorded by the Zacks categorized Computer-Software industry. Quarter in Detail This tax-preparation related software maker reported revenues of $2.541 billion, which came within management's guided range of $2.50 billion to $2.55 and surpassed the Zacks Consensus Estimate of $2.486 billion. On a year-over-year basis, revenues were up 10.3% mainly on the back of higher demand emanating from the U.S. tax season and better-than-expected growth in QuickBooks Online. Services and Other revenues climbed nearly 12.4% to $2.074 million while product revenues were up 1.7% to $467 million. Segment-wise, Small Business Group recorded 16% year-over-year growth driven mainly by strong customer acquisition. Continued subscriber growth for QuickBooks Online and QuickBooks Self-Employed also acted as a catalyst. The company recorded an increase of 59% in QuickBooks Online subscribers for the quarter, bringing the total global count to 2,220,000. QuickBooks Self-Employed subscribers totaled 360,000. Revenues from the Small Business online ecosystem increased 30% on a year-over-year basis, primarily due to online customer acquisition. Revenues from Consumer Tax were up 10% during the quarter and has improved 9% year to date. ProConnect professional tax revenues were roughly $168 million. Coming to operational metrics, Intuit reported adjusted gross profit of $2.304 billion, up 10.2% year over year, backed by higher revenues. Gross margin was flat on a year-over-year basis and came in at 90.8%. The company reported a 7.5% year-over-year increase in adjusted operating expenses. However, as a percentage of revenues, adjusted operating expenses contracted 90 bps to 33.8%. The company posted adjusted operating income of $1.448 billion compared with $$1.294 billion in the year-ago quarter. Operating margins expanded 80 bps to 57% during the quarter. Intuit posted adjusted net income from continuing operations of approximately $966.7 million compared with third-quarter fiscal 2016 net income of $851.2 million. Balance Sheet and Cash Flows Intuit exited fiscal third quarter with cash and investments of $1.593 billion compared with $637 million in the previous quarter. Long-term debt was $450 million at quarter end. Cash from operational activities during the nine months ended Apr 30, 2017 was $1.889 billion. During the same quarter, the company repurchased $88 million shares, with $1.9 billion remaining under the share repurchase authorization. The company received an authorization to pay a dividend of 34 cents per share on Jul 18, 2017. Outlook Intuit raised its fiscal 2017 guidance and issued projections for the fiscal fourth quarter. The company now anticipates revenues of $5.13 billion to $5.15 billion in fiscal 2017, up 9% to 10% year over year (previously $5 billion to $5.1 billion). The Zacks Consensus Estimate is pegged at 6.019 billion. Non-GAAP operating income is now expected in a range of $1.705 billion to $1.725 billion, representing growth of 10% to 11% (previously $1.675 billion to $1.725 billion). Non-GAAP earnings per share are projected between $4.38 and $4.40, up 16% (previously $4.30 and $4.40 per share). The Zacks Consensus Estimate currently stands at $3.44 per share. For the fiscal fourth quarter, the company anticipates revenues in a range of $795 million to $815 million. The Zacks Consensus Estimate is pegged at $1.441 billion. Intuit expects fiscal fourth quarter non-GAAP operating income in the range of $50 million to $70 million. The company expects to report non-GAAP earnings in the band of 16 cents to 18 cents per share. The Zacks Consensus Estimate stands at $3.65 per share. Our Take Intuit reported encouraging fiscal third-quarter 2016 results. Its revenue performance improved on a year-over-year basis due to better-than-expected growth in QuickBooks Online. The company also issued encouraging earnings guidance for the fiscal fourth quarter and raised its fiscal 2017 guidance. We are positive about Intuit's growing SMB exposure and believe that its strategic acquisitions will boost the segment. Increased adoption of its cloud-based services and products is another positive. The company has also restructured its business to focus on the QuickBooks services. It expects to continue investing in this portfolio, which might hurt its near-term profitability. Stiff competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit has a Zacks Rank #4 (Sell). A better-ranked stock in the technology space is DXC Technology Company. DXC , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . DXC has a long-term expected earnings per share growth rate of 8%. Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paycom Software, Inc. (PAYC): Free Stock Analysis Report Intuit Inc. (INTU): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report DXC Technology Company. (DXC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-05-25,88.9888,90.0135,88.771,89.7788, ADP,2017-05-26,89.8409,90.1053,89.552,89.9503,"[""Automatic Data Processing Reaches Analyst Target Price In recent trading, shares of Automatic Data Processing Inc. (Symbol: ADP) have crossed above the average analyst 12-month target price of $100.91, changing hands for $101.16/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher - if things are looking up for the company, perhaps it is time for that target price to be raised. There are 11 different analyst targets contributing to that average for Automatic Data Processing Inc., but the average is just that - a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $81.00. And then on the other side of the spectrum one analyst has a target as high as $115.00. The standard deviation is $9.617. But the whole reason to look at the average ADP price target in the first place is to tap into a \""wisdom of crowds\"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with ADP crossing above that average target price of $100.91/share, investors in ADP have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $100.91 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Automatic Data Processing Inc.: The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on ADP - FREE . The Top 25 Broker Analyst Picks of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSP Inc. (CSPI) Ex-Dividend Date Scheduled for May 30, 2017 CSP Inc. ( CSPI ) will begin trading ex-dividend on May 30, 2017. A cash dividend payment of $0.11 per share is scheduled to be paid on June 15, 2017. Shareholders who purchased CSPI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that CSPI has paid the same dividend. At the current stock price of $10.7, the dividend yield is 4.11%. The previous trading day's last sale of CSPI was $10.7, representing a -10.46% decrease from the 52 week high of $11.95 and a 47.58% increase over the 52 week low of $7.25. CSPI is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSPI's current earnings per share, an indicator of a company's profitability, is $.56. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-05-30,89.8242,90.2206,89.2226,90.1053, ADP,2017-05-31,90.2552,90.9612,90.0865,90.8429, ADP,2017-06-01,91.4159,91.7621,90.5264,91.7148,"[""Employment Report In Focus Automatic Data Processing ADP , the private-sector payroll major, has released its monthly employment report ahead of the opening bell today, and the results surprised in a big way to the upside: 253K new private-sector jobs were created in the month of May, as opposed to a consensus estimate of 180K. April's headline was adjusted downward slightly by 3000 new jobs to 174K. Goods brought in 48K new jobs and Services had 205K; these are very consistent in the modern U.S. economy, in that services far outweigh product creation. However, the breakdown by industry has changed up somewhat this month: Leisure and Hospitality, one of the top job-makers month to month in 2017, actually lost 11K jobs in May, while Trade and Transportation led the way with 58K newly filled positions. Medium-sized companies brought in the most at 113K, compared to Small business' 83K and Large firms' 57K. This ADP figure always reports ahead of the monthly non-farm payroll survey results from the Bureau of Labor Statistics (BLS) on Friday, where expectations are for 184K new jobs in May. With a very strong 253K number from ADP this morning, we may expect an upward revision overall before tomorrow's market open. After all, as per Moody's Analytics' Mark Zandi said on CNBC's Squawk Box this morning, this 253K figure is roughly 3x the rate of growth in the underlying labor force. What this means is that fast-falling 4.4% unemployment number is likely to fall even further, to a percentage not seen in almost 50 years when the jobs market was far smaller than it is today. Considering how much automation is replacing job opportunities at a pretty fast clip, this is remarkably low unemployment. Add to this the skill-set deficit for many open jobs still unplaced, and what we're seeing is a very strong U.S. labor market in 2017. Of course, the BLS and ADP numbers don't always correlate directly in real time; as revisions in subsequent months tend to moderate both figures closer toward each other, sometimes the Friday headline is far off the ADP number. We await the results ahead of the opening bell tomorrow. Initial Jobless Claims Elsewhere on the employment front, Initial Jobless Claims ratcheted up a bit week over week, to 248K from 235K the previous week (revised upward by 1000 claims from the initial headline). This remains within the long-term range of 225-250K, consistent again with a strong labor force, though up from the 230Ks we'd seen for roughly the past month. Continuing Claims fell again, from 1.924 million the previous week to 1.915 million last week. This again represents an historically strong jobs market in the U.S. currently. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Posts Blowout 253K New Jobs Ahead of BLS Report Thursday, June 1st, 2017 Automatic Data Processing ADP , the private-sector payroll major, has released its monthly employment report ahead of the opening bell today, and the results surprised in a big way to the upside: 253K new private-sector jobs were created in the month of May, as opposed to a consensus estimate of 180K. April's headline was adjusted downward slightly by 3000 new jobs to 174K. Goods brought in 48K new jobs and Services had 205K; these are very consistent in the modern U.S. economy, in that services far outweigh product creation. However, the breakdown by industry has changed up somewhat this month: Leisure and Hospitality, one of the top job-makers month to month in 2017, actually lost 11K jobs in May, while Trade and Transportation led the way with 58K newly filled positions. Medium-sized companies brought in the most at 113K, compared to Small business' 83K and Large firms' 57K. This ADP figure always reports ahead of the monthly non-farm payroll survey results from the Bureau of Labor Statistics (BLS) on Friday, where expectations are for 184K new jobs in May. With a very strong 253K number from ADP this morning, we may expect an upward revision overall before tomorrow's market open. After all, as per Moody's Analytics' Mark Zandi said on CNBC's Squawk Box this morning, this 253K figure is roughly 3x the rate of growth in the underlying labor force. What this means is that fast-falling 4.4% unemployment number is likely to fall even further, to a percentage not seen in almost 50 years when the jobs market was far smaller than it is today. Considering how much automation is replacing job opportunities at a pretty fast clip, this is remarkably low unemployment. Add to this the skill-set deficit for many open jobs still unplaced, and what we're seeing is a very strong U.S. labor market in 2017. Of course, the BLS and ADP numbers don't always correlate directly in real time; as revisions in subsequent months tend to moderate both figures closer toward each other, sometimes the Friday headline is far off the ADP number. We await the results ahead of the opening bell tomorrow. Initial Jobless Claims Elsewhere on the employment front, Initial Jobless Claims ratcheted up a bit week over week, to 248K from 235K the previous week (revised upward by 1000 claims from the initial headline). This remains within the long-term range of 225-250K, consistent again with a strong labor force, though up from the 230Ks we'd seen for roughly the past month. Continuing Claims fell again, from 1.924 million the previous week to 1.915 million last week. This again represents an historically strong jobs market in the U.S. currently. Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Fed\u2019s Powell: Balance sheet may eventually be halved from current levels Powell says it is appropriate for Fed to gradually hike interest rates Fed Gov. Jerome Powell, speaking to The Economic Club of New York, said the balance sheet may fall to a range between $2.4 trillion and $2.9 trillion by 2022, from its current level of $4.5 trillion. That would be well above the roughly $900 million the central bank had before the U.S. entered a devastating recession.""]" ADP,2017-06-02,88.8557,89.7048,87.4129,89.6151,"[""Evercore ISI Group Downgrades Automatic Data Processing to Underperform, Announces $85.00 Price Target"", ""The Market In 5 Minutes"", ""Benzinga's Top Upgrades, Downgrades For June 2, 2017"", ""15 Biggest Mid-Day Losers For Friday"", ""15 Biggest Mid-Day Losers For Friday"", ""Benzinga's Top Upgrades, Downgrades For June 2, 2017"", ""The Market In 5 Minutes"", ""Evercore ISI Group Downgrades Automatic Data Processing to Underperform, Announces $85.00 Price Target"", ""BLS Numbers Disappoint: 138K New Jobs Friday, June 2nd, 2017 The hotly anticipated Bureau of Labor Statistics (BLS) monthly non-farm payroll numbers disappointed ahead of the bell this morning: 138K new jobs were reportedly produced in the month of May, as opposed to 184K expected in consensus. Revisions to the two previous months fell by another 66K overall: April went from 211K in its initial read to 174K today; March went from 79K to 50K. The unemployment rate, however, fell 10 basis points to 4.3% - the lowest in 16 years. There were 233K fewer employed people in the month, at a 62.7% labor force participation rate, also down a bit. The underemployment read, the U-6, did fall to a historically low 8.4%, which is one of the few good numbers to hit the tape from this report this morning. Also, average hourly earnings raised 0.2%, which is also favorable. But this overall headline and looking into the details is far less than what analysts had been expecting. The private sector brought in just 147K new jobs. Consistent with the ADP ADP report was significant growth in new Construction jobs. Today's narrative would give credence to those business owners who've said for awhile now that finding people to fill job openings has gotten much more difficult as skill-sets grow stricter and unemployed workforce participants don't possess the desired capabilities to satisfy the positions. These numbers really fly in the face of yesterday's ADP private-sector jobs report, where a robust 253K was reported. Both the ADP and BLS estimates were around the 180K number, and each report surprised to pretty much the opposite side of the spectrum. This is perhaps the biggest surprise of all - that expectations for the BLS report had actually ratcheted up toward 200K following the big ADP headline, only to disappoint even more severely this morning. Usually, these two surveys grow closer on subsequent revisions; however, the downward March and April reads looks to pull these narratives further out of parity. This may create confusion in the markets today, which is dwindling from a likely positive open to roughly unched at this hour. Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Non-Farm Payroll Numbers In Focus The hotly anticipated Bureau of Labor Statistics (BLS) monthly non-farm payroll numbers disappointed ahead of the bell this morning: 138K new jobs were reportedly produced in the month of May, as opposed to 184K expected in consensus. Revisions to the two previous months fell by another 66K overall: April went from 211K in its initial read to 174K today; March went from 79K to 50K. The unemployment rate, however, fell 10 basis points to 4.3% - the lowest in 16 years. There were 233K fewer employed people in the month, at a 62.7% labor force participation rate, also down a bit. The underemployment read, the U-6, did fall to a historically low 8.4%, which is one of the few good numbers to hit the tape from this report this morning. Also, average hourly earnings raised 0.2%, which is also favorable. But this overall headline and looking into the details is far less than what analysts had been expecting. The private sector brought in just 147K new jobs. Consistent with the ADP ADP report was significant growth in new Construction jobs. Today's narrative would give credence to those business owners who've said for awhile now that finding people to fill job openings has gotten much more difficult as skill-sets grow stricter and unemployed workforce participants don't possess the desired capabilities to satisfy the positions. These numbers really fly in the face of yesterday's ADP private-sector jobs report, where a robust 253K was reported. Both the ADP and BLS estimates were around the 180K number, and each report surprised to pretty much the opposite side of the spectrum. This is perhaps the biggest surprise of all - that expectations for the BLS report had actually ratcheted up toward 200K following the big ADP headline, only to disappoint even more severely this morning. Usually, these two surveys grow closer on subsequent revisions; however, the downward March and April reads looks to pull these narratives further out of parity. This may create confusion in the markets today, which is dwindling from a likely positive open to roughly unched at this hour. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Market Close Report: Historical high reached as NASDAQ Composite Index closes at 6,305.80. Friday's session closes with the NASDAQ Composite Index reaching a historical high. The index closed at 6,305.80 up 58.97 for the day. The index had a previous high 6246.8298 on 06/01/2017. The total shares traded for the NASDAQ was over 2.01 billion. Advancers stocks led declining by 2.05 to 1 ratio. There were 1964 advancers and 957 decliners for the day. On the NASDAQ Stock Exchange 244 stocks reached a 52 week high and 22 those reaching lows totaled. The most active, advancers, decliners, unusual volume and most active by dollar volume can be monitored intraday on the Most Active Stocks page. The NASDAQ 100 index closed up 1.12% for the day; a total of 64.95 points. The current value is 5,881.46. Automatic Data Processing, Inc. ( ADP ) had the largest percent change down (-2.31%) while Broadcom Limited ( AVGO ) had the largest percent change gain rising 8.49%. The Dow Jones index closed up .29% for the day; a total of 62.11 points. The current value is 21,206.29. Exxon Mobil Corporation ( XOM ) had the largest percent change down (-1.49%) while Microsoft Corporation ( MSFT ) had the largest percent change gain rising 2.35%. NASDAQ Market Wrap As of 6/2/2017 4:43:59 PM NASDAQ COMPOSITE INDEX 6,305.80 milestone closes at 244 STOCKS REACHED A 52 WEEK HIGH 22 THOSE REACHING LOWS TOTALEDBroadcom Limited [AVGO]TOPS ADVANCERS LISTOF NASDAQ 100 INDEX % 8.49 ROSE The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Nasdaq 100 Movers: ADP, AVGO In early trading on Friday, shares of Broadcom topped the list of the day's best performing components of the Nasdaq 100 index, trading up 5.8%. Year to date, Broadcom registers a 40.3% gain. And the worst performing Nasdaq 100 component thus far on the day is Automatic Data Processing, trading down 3.3%. Automatic Data Processing is lower by about 2.7% looking at the year to date performance. Two other components making moves today are Tractor Supply, trading down 1.9%, and American Airlines Group, trading up 2.6% on the day. VIDEO: Nasdaq 100 Movers: ADP, AVGO The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for June 05, 2017 CSG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on June 05, 2017. A cash dividend payment of $0.198 per share is scheduled to be paid on June 22, 2017. Shareholders who purchased CSGS prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 0.25% increase over prior dividend payment. At the current stock price of $41.16, the dividend yield is 1.92%. The previous trading day's last sale of CSGS was $41.16, representing a -19.83% decrease from the 52 week high of $51.34 and a 16.01% increase over the 52 week low of $35.48. CSGS is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). CSGS's current earnings per share, an indicator of a company's profitability, is $1.88. Zacks Investment Research reports CSGS's forecasted earnings growth in 2017 as -10.68%, compared to an industry average of 4.1%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""15 Biggest Mid-Day Losers For Friday"", ""Benzinga's Top Upgrades, Downgrades For June 2, 2017"", ""The Market In 5 Minutes"", ""Evercore ISI Group Downgrades Automatic Data Processing to Underperform, Announces $85.00 Price Target"", ""Stock futures pare gains after disappointing Friday jobs report U.S. stock futures cut earlier gains on Friday after a closely watched employment reading from the Labor Department came in weaker than expected. The Friday jobs report showed that 138,000 jobs were created in May, compared with an average estimate of economists polled by MarketWatch for 185,000 jobs. Futures for the Dow Jones Industrial Average , which had risen by as many as 85 points, were only up 21 points, or 0.2% at 21,153, futures for the S&P 500 index were trading flat at 2,430, while futures for the Nasdaq-100 showed a gain of 11.25 points, or 0.1%, at 5,833. One bright spot in the day's report, the unemployment rate fell to 4.3%. However, market participants had been expecting Friday's labor-market figures to help confirm continued strength in employment after a private-sector reading for May from the Automatic Data Processing Inc. came in better-than-expected on Thursday, showing a gain of 253,000. On Thursday, the Dow , the S&P 500 and the Nasdaq Composite Index registered all-time highs on the back of optimism over the private-sector report. Wall Street is watching the employment report closely as the data help the Federal Reserve determine the pace of monetary-policy tightening, with the central bank expected to lift benchmark interest rates mid-July."", ""Stock market and bonds rallied at the same time, and it\u2019s befuddling investors Is this a \u2018Goldilocks\u2019 trading environment for bonds and stocks? The stock market is surging to records on Friday, while government bonds are in rally mode, pushing long-dated Treasury yields to their lowest levels in seven months, marking a puzzling dynamic on Wall Street.""]" ADP,2017-06-05,89.7235,90.1851,89.5342,89.7235,"Ex-Dividend Reminder: Popular, ManTech International and Automatic Data Processing Looking at the universe of stocks we cover at Dividend Channel , on 6/7/17, Popular Inc. (Symbol: BPOP), ManTech International Corp (Symbol: MANT), and Automatic Data Processing Inc. (Symbol: ADP) will all trade ex-dividend for their respective upcoming dividends. Popular Inc. will pay its quarterly dividend of $0.25 on 7/3/17, ManTech International Corp will pay its annual dividend of $0.21 on 6/23/17, and Automatic Data Processing Inc. will pay its quarterly dividend of $0.57 on 7/1/17. As a percentage of BPOP's recent stock price of $37.41, this dividend works out to approximately 0.67%, so look for shares of Popular Inc. to trade 0.67% lower - all else being equal - when BPOP shares open for trading on 6/7/17. Similarly, investors should look for MANT to open 0.52% lower in price and for ADP to open 0.56% lower, all else being equal. Below are dividend history charts for BPOP, MANT, and ADP, showing historical dividends prior to the most recent ones declared. Popular Inc. (Symbol: BPOP) : ManTech International Corp (Symbol: MANT) : Automatic Data Processing Inc. (Symbol: ADP) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.67% for Popular Inc., 0.52% for ManTech International Corp, and 2.25% for Automatic Data Processing Inc.. In Monday trading, Popular Inc. shares are currently up about 0.1%, ManTech International Corp shares are up about 0.3%, and Automatic Data Processing Inc. shares are up about 0.3% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-06-06,89.6308,90.265,89.3182,89.8143,"[""Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for June 07, 2017 Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on June 07, 2017. A cash dividend payment of $0.57 per share is scheduled to be paid on July 01, 2017. Shareholders who purchased ADP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ADP has paid the same dividend. At the current stock price of $101.11, the dividend yield is 2.25%. The previous trading day's last sale of ADP was $101.11, representing a -4.32% decrease from the 52 week high of $105.68 and a 18.63% increase over the 52 week low of $85.23. ADP is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Cognizant Technology Solutions Corporation ( CTSH ). ADP's current earnings per share, an indicator of a company's profitability, is $3.87. Zacks Investment Research reports ADP's forecasted earnings growth in 2017 as 13.62%, compared to an industry average of 15.3%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ADP through an Exchange Traded Fund [ETF]? The following ETF(s) have ADP as a top-10 holding: Direxion NASDAQ-100 Equal Weighted Index Shares ( QQQE ). The top-performing ETF of this group is QQQE with an increase of 14.57% over the last 100 days. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Up 4.3% Since Earnings Report: Can It Continue? It has been about a month since the last earnings report for Automatic Data Processing, Inc.ADP . Shares have added about 4.3% in that time frame, outperforming the market. Will the recent positive trend continue leading up to the stock's next earnings release, or is it due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. ADP Beats Q3 Earnings Estimates, New Bookings Decline ADP reported third-quarter fiscal 2017 adjusted earnings from continuing operations of $1.29 per share, beating the Zacks Consensus Estimate of $1.23. Including $0.02 per share tax benefit related to the adoption of new stock-based compensation accounting guidance, earnings were $1.31 per share, up 12% from the year-ago quarter. However, revenues of $3.41 billion missed the Zacks Consensus Estimate of $3.43 billion but grew 5% on a year-over-year basis. Quarter Details Employer Services revenues in the quarter increased 2% year over year to $2.63 billion at constant currency. The number of employees on ADP clients' payrolls in the U.S. increased 2.5% on a same-store-sales basis. Client revenues retention declined 170 basis points (bps) on a year-over-year basis. PEO Services revenues surged 12% year over year to $974.4 million. In the quarter, combined worldwide new business bookings for the company declined 7% on a year-over-year basis. New business bookings represent annualized recurring revenues anticipated from new orders. Interest on funds held for clients in the quarter increased 9% to $112 million. The company's average client funds balance inched up 2% year over year to $27.3 billion in the quarter while average interest yield of 1.6% was up 10 bps on a year-over-year basis. Adjusted EBIT margin declined almost 20 bps to 24.6% primarily due to slower revenue growth and increased investments on product, sales, and service including dual operation costs related to the company's Service Alignment Initiative. Employer Services segment margin decreased approximately 40 bps on a year-over-year basis. Meanwhile, PEO Services segment margin increased approximately 100 bps in the quarter. Guidance ADP still anticipates year-over-year revenue growth of 6%. New business bookings are expected to decrease 5-7%, when compared to the $1.75 billion sold in fiscal 2016. Earlier, the company had anticipated new business bookings to remain flat on a year-over-year basis. ADP continues to expect adjusted earnings to grow 17-18%, up from 15-17% over fiscal 2016 level. This represents almost 50 bps expansion in adjusted EBIT margin. The company projects Employer Services revenues to grow in the range of 3-4%. The company estimates pay per control to increase 2.5% for the year. PEO Services revenues are expected to increase 13% and margin expansion of at least 100 bps. Additionally, the company anticipates interest on funds held for clients to increase $20 million or about 6% as compared with earlier guidance of $15 million, or approximately 4% over fiscal 2016 level. It is based on estimated growth in average client funds balances of 3% from $22.4 billion in fiscal 2016. Further, the total contribution from client funds extended investment strategy is anticipated to be up $15 million (up from $10 million). How Have Estimates Been Moving Since Then? It turns out, fresh estimate have trended downward during the past month. There has been one revision higher for the current quarter compared to three lower. Automatic Data Processing, Inc. Price and Consensus Automatic Data Processing, Inc. Price and Consensus | Automatic Data Processing, Inc. Quote VGM Scores At this time, the stock has a subpar Growth Score of 'D', however its Momentum is doing a lot better with a 'A'. The stock was allocated a grade of 'D' on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of 'D'. If you aren't focused on one strategy, this score is the one you should be interested in. The company's stock is suitable solely for momentum based on our styles scores. Outlook Estimates have been broadly trending downward for the stock. The magnitude of this revision also indicates a downward shift. Notably, the stock has a Zacks Rank #3 (Hold). We are looking for an inline return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Tech Stocks for the Long Run Why the top-performing T. Rowe Price Global Technology fund prefers under-the-radar stocks like Guidewire.""]" ADP,2017-06-07,90.1477,90.5826,89.8695,90.0865, ADP,2017-06-08,90.2403,90.3725,89.6397,89.9416,"DXC Technology Company (DXC) Ex-Dividend Date Scheduled for June 09, 2017 DXC Technology Company ( DXC ) will begin trading ex-dividend on June 09, 2017. A cash dividend payment of $0.18 per share is scheduled to be paid on July 11, 2017. Shareholders who purchased DXC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 28.57% increase over prior dividend payment. At the current stock price of $76.77, the dividend yield is .94%. The previous trading day's last sale of DXC was $76.77, representing a -5.02% decrease from the 52 week high of $80.83 and a 19.84% increase over the 52 week low of $64.06. DXC is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). DXC's current earnings per share, an indicator of a company's profitability, is -$.89. Zacks Investment Research reports DXC's forecasted earnings growth in 2018 as 116.88%, compared to an industry average of 17.3%. For more information on the declaration, record and payment dates, visit the DXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-06-09,90.0135,90.3725,89.1141,89.3439, ADP,2017-06-12,89.5767,90.6348,89.266,90.619,"[""Leidos Holdings, Inc. (LDOS) Ex-Dividend Date Scheduled for June 13, 2017 Leidos Holdings, Inc. ( LDOS ) will begin trading ex-dividend on June 13, 2017. A cash dividend payment of $0.32 per share is scheduled to be paid on June 30, 2017. Shareholders who purchased LDOS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 17th quarter that LDOS has paid the same dividend. At the current stock price of $55.37, the dividend yield is 2.31%. The previous trading day's last sale of LDOS was $55.37, representing a -2.29% decrease from the 52 week high of $56.67 and a 46.52% increase over the 52 week low of $37.79. LDOS is a part of the Technology sector, which includes companies such as Yahoo! Inc. ( YHOO ) and Automatic Data Processing, Inc. ( ADP ). LDOS's current earnings per share, an indicator of a company's profitability, is $2.21. Zacks Investment Research reports LDOS's forecasted earnings growth in 2017 as -6.1%, compared to an industry average of 5.2%. For more information on the declaration, record and payment dates, visit the LDOS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Stocks With FireEye-Like Growth Potential Our societal dependence on technology has made us increasingly more vulnerable to internet attacks. That's why an ever-increasing number of companies are to looking to internet security companies like FireEye (NASDAQ: FEYE) to help keep them safe. However, while FireEye's revenue has grown rapidly over the last few years, the company's stock hasn't followed suit. Shares have declined more than 56% since FireEye's IPO, which leads some of us Fools to question whether or not this company has what it takes to be a great investment. So which fast-growing companies do we think are better bets than FireEye today? Three Fool contributors picked Tableau Software (NYSE: DATA) , TrueCar (NASDAQ: TRUE) , and Paycom Software (NYSE: PAYC) . Looking past short-term challenges Travis Hoium (Tableau Software): If there's a company that matches FireEye's growth and long-term potential with its short-term losses, it's Tableau Software. The company makes analytic software used by businesses, but has been pounded by the market as it's lost money reconfiguring its business model to create more recurring revenue. Tableau has been adding customers and booking backlog as it transitions to a subscription model, but like most companies that change from one-time sales to subscriptions, the financial impact is negative in the short term. You can see below that while revenue is up, net income has plunged over the last two years. DATA data by YCharts . Long-term, the transition to a subscription model is anticipated to lead to higher operating margins and higher profitability. Management said that after breaking even on a non-GAAP basis in 2017, it expects margins to improve beginning in 2018. And as margins improve, Tableau Software will begin to live up to its potential as a company, and the stock could follow as a result. Making car-shopping a lot more pleasant John Rosevear(TrueCar): One time-honored way to build a business is to look for pain points -- things people just hate -- and create a lower-pain alternative. For a lot of people, the process of buying a new car is one of the more painful experiences in their lives. That's where TrueCar comes in. TrueCar works with a huge network of over 11,000 new-car dealers to provide a simplified way for people to buy the new vehicles they want. Shoppers use an easy process on TrueCar's site to select the vehicle they want and find out the average price paid for that same model by others. They can then choose to be connected to local dealers who will give their last, best prices on the vehicle in question, right up front. It's quick and painless and it's free for consumers. TrueCar gets paid by the dealers when purchases are completed. Those payments averaged $324 per purchase in the first quarter of 2017, on about 217,000 purchases. Profit? TrueCar doesn't have any yet. But its losses are narrowing, and it's growing at a nice clip. Revenue in the first quarter grew 22% year over year , to $75.8 million, and its net loss narrowed to $6.8 million from $11.7 million in the first quarter of 2016. CEO Chip Perry, who took TrueCar's helm in late 2015 , is planning to generate further growth by adding more tools and information to support consumers throughout the purchase process. According to J.D. Power, almost 60% of people who use the internet to shop for a car stop by TrueCar's site. Perry's plan is to find ways to capture more and more of them over time -- and, he emphasizes, to give them all a great (and painless) experience. While TrueCar's offering might seem easy for a competitor to duplicate, the company actually has a bit of a moat: Under Perry, it has built strong relationships with dealers, while building on the credibility and trust it has with consumers. TrueCar has a solid business today, and a clear path to growth that could drive big returns over time. Lots of room to run Brian Feroldi(Paycom Software): While FireEye's stock market performance has been very disappointing, there's little doubt that the company is poised for rapid growth as demand for cybersecurity solutions continues to take off. That makes it challenging to find another company that can match FireEye's long-term revenue growth potential. However, I think Paycom Software could be up to the task. As its name suggests, Paycom specializes in payroll processing solutions, but there's far more to the company than that. While industry leaders like ADP and Paychex primarily focus on payroll, Paycom has built out a suite of products that are used to manage an employee's entire life cycle. This includes nearly every HR function that an employee will come in contact with between hiring and retirement. What's more, all of these functions are managed by Paycom's cloud-based software, which eliminates the need for customers to install and maintain their own servers. When combined, these factors have allowed Paycom to rapidly gobble up market share among small and medium-sized businesses. Currently, Paycom counts more than 18,000 businesses as customers. That's a lot, but it is still tiny when compared to the 28 million small businesses that reside in the U.S. alone. That hints that there is plenty of room left for Paycom to continue to win market share from here. Another attractive trait about Paycom is that the company is already highly profitable. In fact, last quarter Paycom cranked out more than $27 million in profit , which is an impressive achievement given that the company is still so early in its growth cycle. In addition, the company's stock has been a massive home run for investors who got in at the IPO, which is a trait that we Fools love to see in growth investments. All in all, Paycom offers investors a highly profitable business model and plenty of room for future growth. To me, that makes it a much more attractive investment than FireEye. 10 stocks we like better than FireEye When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and FireEye wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of June 5, 2017 Brian Feroldi owns shares of Paycom Software. John Rosevear has no position in any stocks mentioned. Travis Hoium has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Paycom Software. The Motley Fool recommends ADP, FireEye, and TrueCar. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-06-13,90.6812,91.1062,90.2719,90.9159, ADP,2017-06-14,91.2069,91.3163,89.9859,90.3625,"QQQ, PYPL, ADP, CTSH: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the PowerShares QQQ (Symbol: QQQ) where we have detected an approximate $771.9 million dollar inflow -- that's a 1.5% increase week over week in outstanding units (from 357,050,000 to 362,550,000). Among the largest underlying components of QQQ, in trading today PayPal Holdings Inc (Symbol: PYPL) is up about 0.5%, Automatic Data Processing Inc. (Symbol: ADP) is up about 0.2%, and Cognizant Technology Solutions Corp. (Symbol: CTSH) is higher by about 0.5%. For a complete list of holdings, visit the QQQ Holdings page » The chart below shows the one year price performance of QQQ, versus its 200 day moving average: Looking at the chart above, QQQ's low point in its 52 week range is $101.75 per share, with $143.90 as the 52 week high point - that compares with a last trade of $140.36. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-06-15,90.0322,91.3084,89.7876,91.1891, ADP,2017-06-16,90.7147,92.5619,90.7147,92.3498, ADP,2017-06-19,92.5717,92.9721,92.1447,92.9248, ADP,2017-06-20,91.5086,92.27,91.4356,91.4741,"[""Goldman Sachs Downgrades Automatic Data Processing to Neutral"", ""Benzinga's Top Upgrades, Downgrades For June 20, 2017"", ""Benzinga's Top Upgrades, Downgrades For June 20, 2017"", ""Goldman Sachs Downgrades Automatic Data Processing to Neutral"", ""3 Big Stock Charts for Tuesday: Netflix, Inc. (NFLX), United States Oil Fund LP (ETF) (USO) and Automatic Data Processing (ADP) InvestorPlace - Stock Market News, Stock Advice & Trading Tips Stocks are getting off to a slightly mixed start this morning as traders continue to weigh whether they believe that the market can continue its melt higher. Our technical filters found three charts of interest that the bulls should take note of, as Netflix, Inc. (NASDAQ: NFLX ), United States Oil Fund LP (ETF) (NYSEARCA: USO ) and Automatic Data Processing (NASDAQ: ADP ) make our list of three big stock charts of the day. Netflix, Inc. (NFLX) The online streaming company got a price upgrade this morning, which is giving shares a boost right out of the gate. From the chart's perspective, Netflix is looking like its ready to make a run back to its highs. Currently, NFLX is wrestling with its 50-day moving average, which has held the stock back from breaking into a full-fledged rally. A move above $155 will put this trendline behind Netflix stock and turn the price target towards $167.50. Shares of NFLX are working their way out of the oversold signal that was triggered when shares broke below $150. This is a bullish catalyst for the short-term. Some resistance may come into play as Netflix starts to approach $157.50 as this has proven to be a joy level for traders since May, watch how the stock reacts here closely as a move straight through it will likely build momentum for NFLX to go to new highs. United States Oil Fund LP (ETF) (USO) Oil prices are digging into new relative lows as we continue to see OPEC fail to balance supply and pricing with demand. 10 Stocks Ready for a BIG Move - In Either Direction As a result, the traders are slamming shares of the United States Oil Fund into new 12-month low territory. The move is coming on relatively light volume, signaling that there is not much conviction from the short-term traders that prices of the USO will hold this low for long. From a short-term perspective, the United States Oil Fund is hitting an oversold reading, indicating that we should expect to see some buying come into the market, even if only for the short-term. Our technical models show a high likelihood that USO could trade back toward the $9.25-mark, but would likely run into technical rejection there and move lower again. Automatic Data Processing (ADP) Companies like Paycheck and Automatic Data Processing have been leading the market higher as rising employment continues to feed the fundamental picture for these stocks. In ADP's case, the stock just hit some resistance, but expect that to turn into a buying opportunity for the shares. Today's selling is based on the rejection from the stock's top Bollinger Band. This should result in just a short-term pullback as the stock price returns to a more \""normal\"" distribution. Traders will begin buying ADP stock again at that point. Automatic Data Processing shares' 50-day moving average is in the process of transitioning into a bullish pattern as the trendline is now turning higher. This adds to the bullish outlook for the stock. The current pullback is also allowing the shares to work off some overbought readings from the RSI, indicating that more overhead room is being opened-up from a technical perspective. This should allow Automatic Data Processing to begin moving back towards $105 and higher. As of this writing, Johnson Research Group did not hold a position in any of the aforementioned securities. More From InvestorPlace 10 Stocks to Buy Before They Finally Join the Rally 7 Stocks to Buy on the Verge of Double-Digit Breakouts 7 Stocks to Buy in Wall Street's Hottest Industry The post 3 Big Stock Charts for Tuesday: Netflix, Inc. (NFLX), United States Oil Fund LP (ETF) (USO) and Automatic Data Processing (ADP) appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Convergys Corporation (CVG) Ex-Dividend Date Scheduled for June 21, 2017 Convergys Corporation ( CVG ) will begin trading ex-dividend on June 21, 2017. A cash dividend payment of $0.1 per share is scheduled to be paid on July 07, 2017. Shareholders who purchased CVG prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over prior dividend payment. At the current stock price of $24.23, the dividend yield is 1.65%. The previous trading day's last sale of CVG was $24.23, representing a -21.64% decrease from the 52 week high of $30.92 and a 20.25% increase over the 52 week low of $20.15. CVG is a part of the Technology sector, which includes companies such as Automatic Data Processing, Inc. ( ADP ) and Cognizant Technology Solutions Corporation ( CTSH ). CVG's current earnings per share, an indicator of a company's profitability, is $1.33. Zacks Investment Research reports CVG's forecasted earnings growth in 2017 as -.18%, compared to an industry average of 15.3%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing and Paychex Stocks Downgraded: What You Need to Know Every day, Wall Street analysts upgrade some stocks, downgrade others, and \""initiate coverage\"" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope... Shares of HR support and payroll software specialists Automatic Data Processing (NASDAQ: ADP) and its archrival, Paychex (NASDAQ: PAYX) , are both up modestly since the year began -- not a lot, just a little. But even so, Goldman Sachs thinks it's time for investors to quit while they're ahead and begin pulling back on both stocks. This morning, Goldman Sachs announced it is canceling its buy ratings and downgrading shares of both ADP and Paychex to neutral. Here are three things you need to know about that. 1. What Goldman Sachs used to think Seven months ago, with the memory of President Trump's electoral college victory fresh in its mind, Goldman Sachs was singing an entirely different tune, and upgrading both Automatic Data Processing stock, and Paychex stock, too, on faith that an economic recovery was at hand. As StreetInsider.com (requires subscription) wrote at the time, small business sentiment had been on the rise ever since \""the election. Job creation plans increased from a net 9% through November 8 to a net 23% after the election.\"" That was obviously good news for HR support firms like ADP and Paychex, and Goldman Sachs predicted these firms would be \""among the main beneficiaries of potential tax policy changes proposed by the Trump administration and [interest] rate hikes.\"" On the one hand, lower taxes would immediately benefit the companies' bottom lines. At the same time, higher interest rates (which sound bad on the surface) would actually be a benefit to firms like ADP and Paychex, boosting their returns on their bank deposits. Goldman estimated that every 1% hike in national interest rates would boost ADP's net profit by 2.3%, and add 3.7% to Paychex's bottom line. 2. What Goldman Sachs thinks now Based on those assumptions, seven months ago, Goldman Sachs predicted Automatic Data Processing stock would be going to $114 per share within 12 months, while Paychex stock would be headed to $68. Accordingly, the analyst upgraded Paychex to buy, and ADP to \""conviction\"" buy. But while both stocks have progressed toward their respective goals, Goldman is no longer convinced they're going to get the rest of the way there. Today, Goldman is warning that tax reform and lower interest rates are \""taking longer to play out\"" than it had hoped. Meanwhile, \""payroll growth continues to slow and regulatory uncertain[ties] surround[ding] [the Affordable Care Act] and [Department of Labor] remain which impacts HR spending decisions.\"" Seeing \""delayed corporate HR spending\"" affecting both stocks, Goldman says \""bookings growth\"" looks \""sluggish,\"" which will further weigh on earnings. 3. What this means in dollars and cents Accordingly, Goldman Sachs is walking back its earnings estimates and cutting its price targets (and ratings) as well. Although Goldman still sees ADP earning $3.70 per share this year, it's subtracting a nickel from next year's estimates (now $3.95 per share) and $0.15 from 2019 estimates (now $4.40). In contrast, Paychex's 2017 earnings estimate holds steady at $2.27 per share, with $2.35 and $2.25 still forecast for 2018 and 2019, respectively. Goldman's new prediction of a $64 stock price for Paychex leaves less than 5% upside in the stock -- not enough to merit a buy rating in Goldman's view. Similarly, Goldman now sees ADP stock rising from today's $103 share price to just $108 per share over the next 12 months -- also a 5% rise. Still, while it's no longer recommending buying ADP and Paychex, Goldman Sachs still thinks the stocks are worth holding onto. What it means to investors The real question for investors is this: ADP stock currently sells for 26.7 times trailing earnings, while Paychex stock is even more expensive at 27.4 times earnings. Yet according to Goldman's latest estimates, ADP earnings will grow less than 14% this year, while Paychex earnings will rise by a mere 9% -- and then the growth rate of both stocks will slow dramatically in 2018. Goldman Sachs thinks those collapsing growth rates still merit hanging onto these very expensive stocks. Personally, I'd be downgrading both ADP and Paychex, too, but I'd be taking them down a whole lot more than just to neutral. 10 stocks we like better than Paychex When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Paychex wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of June 5, 2017 Rich Smith has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Benzinga's Top Upgrades, Downgrades For June 20, 2017"", ""Goldman Sachs Downgrades Automatic Data Processing to Neutral""]" ADP,2017-06-21,92.5796,92.5796,91.0776,91.4918, ADP,2017-06-22,91.6477,91.6477,90.4721,90.9514,"Noteworthy ETF Outflows: VGT, PYPL, CRM, ADP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Information Technology ETF (Symbol: VGT) where we have detected an approximate $100.9 million dollar outflow -- that's a 0.7% decrease week over week (from 93,710,445 to 93,010,445). Among the largest underlying components of VGT, in trading today PayPal Holdings Inc (Symbol: PYPL) is off about 1.1%, Salesforce.com Inc (Symbol: CRM) is down about 0.2%, and Automatic Data Processing Inc. (Symbol: ADP) is lower by about 0.9%. For a complete list of holdings, visit the VGT Holdings page » The chart below shows the one year price performance of VGT, versus its 200 day moving average: Looking at the chart above, VGT's low point in its 52 week range is $101.46 per share, with $148.26 as the 52 week high point - that compares with a last trade of $143.84. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-06-23,90.8616,91.0619,90.3912,90.5085,"What's in the Offing for Paychex (PAYX) in Q4 Earnings? Paychex Inc. PAYX is set to report fourth-quarter fiscal 2017 results on Jun 28. Last quarter, the payroll and human resource solutions provider delivered a positive earnings surprise of 1.9%. Notably, over the past four quarters, the company outperformed the Zacks Consensus Estimate thrice and matched the same on one occasion. This represents an average positive earnings surprise of 2.2%. Let's see how things are shaping up for this announcement. Factors to Consider We are encouraged by Paychex's investments in product development and constant focus on boosting sales force to drive revenues. We believe that the company's expansion initiatives, including joint ventures and acquisitions, are in sync with its long-term growth strategy. One of the key growth drivers for Paychex is demand for outsourcing. Human Resource Services outsourcing is a large, less-than-half-penetrated market that offers significant cost-cutting potential. Moreover, growing regulatory burden on small companies underscores the increasing need for outsourcing non-core activities. The company continues to capitalize on this opportunity by regularly introducing products and services for upselling and moving into the mid-market. It is anticipated that the above factors will boost results in the to-be-reported quarter. In the fiscal third quarter, Paychex's earnings beat the Zacks Consensus Estimate while its revenues missed the same. Nonetheless, the year-over-year improvement on both counts was encouraging. We are optimistic that Paychex might witness growth by successfully cross-selling newer products such as Paychex Premier, Major Market Services (MMS) and ancillary HRS products such as 401(k) record keeping, health insurance sales and workers' compensation administration to the existing client base. This strategy will positively impact the company's fiscal fourth-quarter results. However, sluggish economic growth and a possible rise in interest rates remain concerns. Intense competition in the outsourcing space from major players like Automated Data Processing Inc. ADP and Insperity could add to its woes. Paychex, Inc. Price and EPS Surprise Paychex, Inc. Price and EPS Surprise | Paychex, Inc. Quote Earnings Whispers Our proven model does not conclusively show that Paychex will beat on earnings this quarter. This is because a stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below: Zacks ESP: The Most Accurate estimate and the Zacks Consensus Estimate are pegged at 53 cents. Hence, the difference is 0.00%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Paychex carries a Zacks Rank #3. Though a Zacks Rank #1, 2 or 3 increases the predictive power of ESP, the company's ESP of 0.00% makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are a couple of companies which, as per our model, have the right combination of elements to post an earnings beat this quarter: Advanced Micro Devices, Inc. AMD , has an Earnings ESP of +50.00%, and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here . Texas Capital Bancshares, Inc. TCBI has an Earnings ESP of +5.38% and carries a Zacks Rank #3. The Best & Worst of Zacks Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 """"Strong Buys"""" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +25% per year. Plus, you may download 220 Zacks Rank #5 """"Strong Sells."""" Even though this list holds many stocks that seem to be solid, it has historically performed 6X worse than the market. See these critical buys and sells free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Texas Capital Bancshares, Inc. (TCBI): Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Paychex, Inc. (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-06-26,90.7236,91.2887,90.5264,91.2246, ADP,2017-06-27,90.8873,91.5806,90.5726,90.5826, ADP,2017-06-28,90.8518,91.7798,89.7482,91.6388,"[""Paychex (PAYX) Q4 Earnings Top Estimates on Solid Revenues"", ""Paychex (PAYX) Q4 Earnings Top Estimates on Solid Revenues Paychex Inc.PAYX reported better-than-expected results for fourth-quarter fiscal 2017, wherein the top and bottom lines, both, came ahead of the respective Zacks Consensus Estimate. Moreover, on a year-over-year basis, the company registered improvement on both the counts. The company reported non-GAAP earnings per share of 54 cents, which beat the Zacks Consensus Estimate by a penny and grew 10% year over year, mainly on the back of higher revenues. Quarter Details Paychex reported total revenue (including interest on funds held for clients) of $798.6 million, up 6% year over year. Excluding interest on funds held for its clients, total services revenue (Payroll service and Human Resource Services) ascended 6% year over year to $784.6 million. The Zacks Consensus Estimate was pegged at $798 million. Payroll Service segment revenues went up 2% from the year-ago period to $440.9 million, primarily on the back of higher revenue per check and client base. Also, the acquisition of Advanced Partners contributed 1% to payroll service revenue growth. Human Resource Services segment revenues rose 10% year over year to $343.7 million, chiefly driven by solid growth in client base and worksite employees, increased revenues from retirement, as well as online HR administration services. Interest on funds held for clients increased 14% on a year-over-year basis to $14 million, primarily benefiting from higher average interest rates earned. Paychex's total expenses flared up 5% from the year-ago tally to $499.7 million due to higher wages and related expenses resulting from increased headcount in operations. However, total expenses, as a percentage of total revenue, contracted 80 basis points (bps) to 62.6%. The company's operating income grew 8% year over year to $298.9 million. In addition, Paychex's operating margin expanded 80 bps to 37.4%. Net income came in at $195.3 million, up from $178.1 million reported in the prior-year quarter. Paychex, Inc. Price, Consensus and EPS Surprise Paychex, Inc. Price, Consensus and EPS Surprise | Paychex, Inc. Quote Balance Sheet & Cash Flow Paychex exited the fiscal fourth quarter with cash, cash equivalents and corporate investments of $323.4 million compared with $403.9 million recorded at the end of the previous quarter. The company has no long-term debt. It generated operating cash flow of $960.4 million during fiscal 2017. During the fiscal, Paychex paid $662.3 million as dividend and repurchased shares worth $166.2 million. Guidance Paychex provided its outlook for fiscal 2018. Management expects Payroll Service revenues to increase year over year in the range of 1-2%, while Human Resource Services revenues are anticipated to grow in a range of 8-10%. Interest on funds held for its clients and investment income are now projected to grow in the mid-to-upper-teen range. Total revenue is estimated to increase by nearly 5%. This translates to revenues of $3.309 billion, which is lower than the Zacks Consensus Estimate of $3.36 billion. Operating margin is anticipated to be approximately 40%. Net income is likely to advance 5% year over year on a GAAP basis and 7% on a non-GAAP basis. Non-GAAP earnings per share are estimated to increase in the range of 7% to 8% which comes to $2.35 - $2.38. The earnings per share guidance range is however, lower than the Zacks Consensus Estimate of $2.40. Effective income tax rate is now projected to be in the band of 35.5-36%. Our Take In the fiscal fourth quarter, Paychex's earnings and revenues both surpassed the respective Zacks Consensus Estimate. Moreover, the year-over-year improvement on both counts was encouraging. However, the company provided disappointing revenue and earnings guidance for fiscal 2017. The stock was down nearly 2.5% at the time of posting this blog. Notably, Paychex has outperformed the Zacks Categorized Outsourcing industry on a year-to-date basis. The company has lost 3.7% year to date compared with the Outsourcing industry's loss of 4.9%. Product launches are likely to be the other growth drivers. Also, Paychex's focus on small- and mid-sized businesses looking for HR solutions could provide growth opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity NSP remain the primary concerns. Currently, Paychex has a Zacks Rank #2 (Buy). Another top-ranked stock in the broader technology sector is Broadcom Limited AVGO , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . The company, which designs, develops and supplies analog and digital semiconductor connectivity solutions, has a long-term EPS growth rate of 13.6%. The EPS estimate for the current fiscal has been revised upward to $13.78 from $12.89, over the last 30 days. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Broadcom Limited (AVGO): Free Stock Analysis Report Insperity, Inc. (NSP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Paychex, Inc. (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for June 29, 2017 Pegasystems Inc. ( PEGA ) will begin trading ex-dividend on June 29, 2017. A cash dividend payment of $0.03 per share is scheduled to be paid on July 17, 2017. Shareholders who purchased PEGA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 13th quarter that PEGA has paid the same dividend. At the current stock price of $59.05, the dividend yield is .2%. The previous trading day's last sale of PEGA was $59.05, representing a -8.94% decrease from the 52 week high of $64.85 and a 138.97% increase over the 52 week low of $24.71. PEGA is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). PEGA's current earnings per share, an indicator of a company's profitability, is $.52. Zacks Investment Research reports PEGA's forecasted earnings growth in 2017 as 56.98%, compared to an industry average of 6.5%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for June 29, 2017 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on June 29, 2017. A cash dividend payment of $0.113 per share is scheduled to be paid on July 21, 2017. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.73% increase over prior dividend payment. At the current stock price of $18.8, the dividend yield is 2.4%. The previous trading day's last sale of TYPE was $18.8, representing a -25.9% decrease from the 52 week high of $25.37 and a 8.61% increase over the 52 week low of $17.31. TYPE is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). TYPE's current earnings per share, an indicator of a company's profitability, is $.2. Zacks Investment Research reports TYPE's forecasted earnings growth in 2017 as -48.31%, compared to an industry average of 6.5%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex (PAYX) Q4 Earnings Top Estimates on Solid Revenues""]" ADP,2017-06-29,91.3981,91.5244,90.2038,90.5442,"No. 1 mutual fund, which made a killing off Amazon and Tesla, is now focused on these stocks Joshua K. Spencer of the T. Rowe Price Global Technology Fund has sold some big winners and says where he’s leading the fund now Joshua K. Spencer of the T. Rowe Price Global Technology Fund has sold some big winners and says where he’s leading the fund now." ADP,2017-06-30,91.2069,91.7522,90.8144,91.4544, ADP,2017-07-03,91.0155,92.0579,90.9514,91.4159, ADP,2017-07-05,91.7522,92.9327,90.9228,92.8883,"Why it is Time to Scrap Paychex (PAYX) From Your Portfolio If you are still holding shares of Paychex Inc.PAYX in your portfolio, it is time to dump them as chances of favorable returns in the near term seem bleak. This is because Paychex has underformed the Zacks Categorized Outsourcing industry in the last three months. The company has lost 2.8% compared with the Outsourcing industry's gain of 4.4% during the same period. What are the Concerns? Analysts have become increasingly bearish on this stock with 10 out of 13, who cover the stock, revising the estimate downward. With no upward revision in the last 60 days, the Zacks Consensus Estimate for fiscal 2018 declined from $2.39 per share to $2.37. This indicates tepid prospects for the company. Paychex provided its outlook for fiscal 2018. Total revenue is estimated to increase by nearly 5%. This translates to revenues of $3.309 billion, which is lower than the Zacks Consensus Estimate of $3.35 billion. Non-GAAP earnings per share are estimated to increase in the range of 7% to 8% which comes to $2.35-$2.38 (mid-point $2.365 per share). The earnings per share guidance range is however, lower than the Zacks Consensus Estimate of $2.37 at its mid-point. Currently, Paychex carries a Zacks Rank #4 (Sell). Also, the company has a very poor VGM Score of ""F."" The Zacks VGM Style Score rates each stock on their combined weighted styles, which helps in identifying those with the most attractive value, best growth, and most promising momentum across the board. Stocks with a VGM Style Score of 'A' or 'B' and a Zacks Rank of #1 (Strong Buy) or 2 (Buy), have even better returns, on average, than the individual components, as it considers three times as many items that are correlated to future stocks returns. On the valuation front too, the stock looks unattractive. The company currently trades at a forward P/E multiple of 23.9x, higher than the Zacks categorized Outsourcing industry's average of 22.1x. The ratio, which is obtained by dividing a stock's current market price with its historical or estimated earnings, measures how much an investor needs to shell out per dollar of earnings. The higher the P/E of a stock, the poorer is the value for an investor. Going forward, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity NSP remain primary concerns. Bottom Line We expect the aforementioned factors to hurt the company's near-term profitability. Hence, we recommend investors to stay away from Paychex until the Zacks Rank, VGM score and estimates improve. Stocks to Consider A better-ranked stocks in the broader technology sector is Applied Materials, Inc. AMAT , sporting a Zacks Rank #1 (Strong Buy).You can see the complete list of today's Zacks #1 Rank stocks here . Applied Materials has a long-term expected earnings growth rate of 16.6%. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2%, respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Applied Materials, Inc. (AMAT): Free Stock Analysis Report Insperity, Inc. (NSP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Paychex, Inc. (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-07-06,92.5983,92.5983,91.7424,92.3134,"[""Automatic Data Processing Releases Private Payroll Data This morning's main economic headline is the private sector payroll data from Automatic Data Processing ADP released before the opening bell today. The payroll services major reported 158K new jobs in the month of June, some 22,000 lower than expectations of 180K, but still within the range of 150K-200K new jobs per month we've seen since the U.S. economy finally gained traction out of the Great Recession roughly seven years ago. In fact, much of this report looks straight out of the Obama Era: Services making up nearly all (in this case, 100%) of new jobs, while Goods producing again waned (unched in June). Trade and Transportation led the way with 30K new jobs, followed by Education/Healthcare at 28K, Leisure/Hospitality at 11K and Manufacturing +6K. Natural Resources/Mining lost 4K jobs in the month. The ADP report always precedes the U.S. government Bureau of Labor Statistics (BLS), which currently expects a headline of 174K new jobs in June. Again, we're looking at a strong jobs market without heavy inflation, which indicates that corporations, labor unions and other moving parts in the jobs-producing scenario remain cautious overall, not raising prices or demanding higher wages in a way analysts have been predicting for years, yet are still likely to manifest themselves at some point in the future. This is why the Federal Reserve is only slowly normalizing interest rates, and may hold off on another increase for the rest of this year, although chances for another quarter-percent raise may occur in September or December, or both. It all depends on whether the U.S. economy can grow at the rate market participants have been hopeful for since the day after the surprise result of President Trump back in early November of last year. Other Economic Indicators Speaking of new data singing the same song for years, Initial Jobless Claims for last week remained within the 225K-250K range we've seen, more or less, for the past dozen or so quarters. But just barely, at 248K for the past week. This is 5000 claims higher than the consensus estimate. Also, Continuing Claims ratcheted up closer to the 2 million threshold we haven't seen for months, to 1.956 million. So employment remains strong week-to-week, but has veered toward to higher (worse) range, which may be something worth keeping an eye on. Tomorrow will be another key indicator, and next week brings the onset of Q2 earnings season, basically beginning with the big banks that report roughly a week from now. Although we are in the relatively low-volume summer months, market activity will still be locked into this data to a meaningful extent. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""U.S. Jobs Stay in Obama-Era Range Thursday, July 6th, 2017 This morning's main economic headline is the private sector payroll data from Automatic Data Processing ADP released before the opening bell today. The payroll services major reported 158K new jobs in the month of June, some 22,000 lower than expectations of 180K, but still within the range of 150K-200K new jobs per month we've seen since the U.S. economy finally gained traction out of the Great Recession roughly seven years ago. In fact, much of this report looks straight out of the Obama Era: Services making up nearly all (in this case, 100%) of new jobs, while Goods producing again waned (unched in June). Trade and Transportation led the way with 30K new jobs, followed by Education/Healthcare at 28K, Leisure/Hospitality at 11K and Manufacturing +6K. Natural Resources/Mining lost 4K jobs in the month. The ADP report always precedes the U.S. government Bureau of Labor Statistics (BLS), which currently expects a headline of 174K new jobs in June. Again, we're looking at a strong jobs market without heavy inflation, which indicates that corporations, labor unions and other moving parts in the jobs-producing scenario remain cautious overall, not raising prices or demanding higher wages in a way analysts have been predicting for years, yet are still likely to manifest themselves at some point in the future. This is why the Federal Reserve is only slowly normalizing interest rates, and may hold off on another increase for the rest of this year, although chances for another quarter-percent raise may occur in September or December, or both. It all depends on whether the U.S. economy can grow at the rate market participants have been hopeful for since the day after the surprise result of President Trump back in early November of last year. Other Economic Indicators Speaking of new data singing the same song for years, Initial Jobless Claims for last week remained within the 225K-250K range we've seen, more or less, for the past dozen or so quarters. But just barely, at 248K for the past week. This is 5000 claims higher than the consensus estimate. Also, Continuing Claims ratcheted up closer to the 2 million threshold we haven't seen for months, to 1.956 million. So employment remains strong week-to-week, but has veered toward to higher (worse) range, which may be something worth keeping an eye on. Tomorrow will be another key indicator, and next week brings the onset of Q2 earnings season, basically beginning with the big banks that report roughly a week from now. Although we are in the relatively low-volume summer months, market activity will still be locked into this data to a meaningful extent. Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-07-07,92.5896,94.0639,92.2966,93.8469,"[""Jobs Report Looks Good The big monthly Jobs Report from the Bureau of Labor Statistics (BLS) looked good on the headline, and even better when you pick through the data. 222K new jobs were created in the month of June, both private and public sectors, while the unemployment rate ticked up from 4.3% to 4.4%. Expectations were for just 174K June jobs and a steady 4.3% rate. Both the unemployment rate and the U-6, or \""underemployment\"" rate both rose a tad in the month (the U-6 from 8.4% to 8.6%), but much of this can be relegated to an increase in workforce participants as the jobs market continues to strengthen. The bigger news is in the upward revisions for the past two months: 14K for May to 152K and 33K for June to 207K. For the first half of 2017, the U.S. is averaging 180K jobs per month, and the 222K June figure is the highest since February. Labor force participation was up to 62.8% - still indicating some slack, meaning our tightening jobs picture may have a little more room based on this statistic - but average hourly earnings rose just 0.2%, a bit less than expected. Important in gauging inflation metrics (and subsequent Fed rate hikes) is not in overall employment numbers exclusively, but also important factors such as wage growth, which we've seen lag overall employment growth. The private sector brought in 187K jobs (compared to the ADP ADP report yesterday, which registered just 158K), and government (public) jobs surprisingly rose 35K in the month. Most of these jobs were reportedly on the local government level. Healthcare and Professional Services led the way with 37K and 35K June positions filled, respectively. Market futures slid slightly up on the news, but did not spike. It's unsure why, unless rate increases are curbing enthusiasm, but it's probably a little early for such an assumption. Whether or not these very favorable numbers alter investors' expectations - to say nothing of the Fed's, who now will be looked at more closely regarding another interest rate hike, more likely in September than July - remains to be seen, but it's difficult to find a negative takeaway here. Happy Friday! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Big Jobs Number: 222K, 4.4% Unemployment Friday, July 7th, 2017 The big monthly Jobs Report from the Bureau of Labor Statistics (BLS) looked good on the headline, and even better when you pick through the data. 222K new jobs were created in the month of June, both private and public sectors, while the unemployment rate ticked up from 4.3% to 4.4%. Expectations were for just 174K June jobs and a steady 4.3% rate. Both the unemployment rate and the U-6, or \""underemployment\"" rate both rose a tad in the month (the U-6 from 8.4% to 8.6%), but much of this can be relegated to an increase in workforce participants as the jobs market continues to strengthen. The bigger news is in the upward revisions for the past two months: 14K for May to 152K and 33K for June to 207K. For the first half of 2017, the U.S. is averaging 180K jobs per month, and the 222K June figure is the highest since February. Labor force participation was up to 62.8% - still indicating some slack, meaning our tightening jobs picture may have a little more room based on this statistic - but average hourly earnings rose just 0.2%, a bit less than expected. Important in gauging inflation metrics (and subsequent Fed rate hikes) is not in overall employment numbers exclusively, but also important factors such as wage growth, which we've seen lag overall employment growth. The private sector brought in 187K jobs (compared to the ADP ADP report yesterday, which registered just 158K), and government (public) jobs surprisingly rose 35K in the month. Most of these jobs were reportedly on the local government level. Healthcare and Professional Services led the way with 37K and 35K June positions filled, respectively. Market futures slid slightly up on the news, but did not spike. It's unsure why, unless rate increases are curbing enthusiasm, but it's probably a little early for such an assumption. Whether or not these very favorable numbers alter investors' expectations - to say nothing of the Fed's, who now will be looked at more closely regarding another interest rate hike, more likely in September than July - remains to be seen, but it's difficult to find a negative takeaway here. Happy Friday! Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-07-10,93.7148,94.0254,92.4908,92.5086, ADP,2017-07-11,92.1358,92.4643,90.2719,90.8873,"[""SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) Ex-Dividend Date Scheduled for July 12, 2017 SCIENCE APPLICATIONS INTERNATIONAL CORPORATION ( SAIC ) will begin trading ex-dividend on July 12, 2017. A cash dividend payment of $0.31 per share is scheduled to be paid on July 28, 2017. Shareholders who purchased SAIC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that SAIC has paid the same dividend. At the current stock price of $70.28, the dividend yield is 1.76%. The previous trading day's last sale of SAIC was $70.28, representing a -21.8% decrease from the 52 week high of $89.87 and a 19.14% increase over the 52 week low of $58.99. SAIC is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). SAIC's current earnings per share, an indicator of a company's profitability, is $3.59. Zacks Investment Research reports SAIC's forecasted earnings growth in 2018 as 13.25%, compared to an industry average of 16.4%. For more information on the declaration, record and payment dates, visit the SAIC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to SAIC through an Exchange Traded Fund [ETF]? The following ETF(s) have SAIC as a top-10 holding: First Trust NASDAQ Cybersecurity ETF ( CIBR ) First Trust NASDAQ Technology Dividend Index Fund ( TDIV ). The top-performing ETF of this group is CIBR with an increase of 1.31% over the last 100 days. It also has the highest percent weighting of SAIC at 2.82%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paycom Software's $1 Billion Ambitions At investor conference appearances in May and June, Paycom Software (NYSE: PAYC) CEO Chad Richison spoke about why the company's all-in-one approach to human capital management (HCM) and payroll software continues to be so successful. While providing color on the pace of new office openings, Richison said he hopes the company can eventually grow to over $1 billion in annual sales revenue. Competing with industry giants, and winning Paycom targets what it calls the mid-market (companies with between 50 and 2,000 employees). The company's core offering is an HCM solution that consolidates payroll and HR functions in a single cloud-based system, eliminating the inefficiencies of dealing with multiple vendors or doing tasks in-house. Paycom's software is also designed for mobile access so employees can complete these tasks from virtually anywhere. Commenting on the competitive environment, Richison noted that the big, established providers like ADP aren't asleep at the wheel -- they're also trying to move customers to a cloud-based offering. In fact, Richison said every customer that has come to Paycom from ADP was already on a cloud-based platform. This implies that when it comes to switching from one of Paycom's larger competitors, moving to the cloud isn't much of a motivator. Interestingly, price isn't one of the big factors either, as Paycom says it's not the lowest-cost provider and is in-line with ADP. Richison says that Paycom's sales pitch is more ROI-driven, as its software generally replaces two or three other vendor solutions. Richison emphasized that solving customers' integration headaches -- while saving them time and money through increased efficiency -- continues to be the biggest differentiator for Paycom. Lessons learned about new offices When Paycom opens a new sales office, it relocates a successful sales manager from an existing location and allows that person to build the new office's sales team from scratch, a process that takes up to 2 years. Paycom then promotes another employee from within to backfill the original position. Paycom plans to tweak this process a bit going forward. For starters, the company says it will spend more time grooming and developing its pool of backfill candidates. Also, recognizing that this strategy tends to be quite disruptive to its existing offices, Paycom is going to avoid packing all its new office openings into a single quarter as it did in 2016, opening six offices in a 10-day span. Instead, the company's 2017 openings will be spaced out more evenly throughout the year. A big, round $1 billion goal Richison noted that Paycom needs to continue to build its sales organization so it can overcome its \""churn\"" -- i.e. the revenue that goes away due to a customer going out of business, being acquired, or switching to another provider (currently around 9% annually). Previously, when talking about the company's sales capacity, Richison has said that he thinks Paycom can grow to 120 sales offices , with each supporting roughly $6.15 million in annual sales. That scenario would generate total annual sales of around $738 million. But apparently, Paycom now has its sights set even higher, with Richison saying the company is working toward $1 billion in annual sales. Keep in mind this would be in addition to the recurring revenue Paycom receives from existing clients. To give you a sense of the kind of growth Richison is describing, Paycom's total 2016 revenue was just $329 million, and nearly all of that ($323 million) is recurring revenue. PAYC data by YCharts Though the payroll and HCM industry is becoming increasingly competitive, Paycom's single-database solution continues to resonate strongly with the mid-market. And despite t he company's incredible growth streak of the past few years , Paycom's future potential still appears to be enormous. 10 stocks we like better than Paycom Software When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Paycom Software wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of July 6, 2017 Andy Gould owns shares of Paycom Software. Andy Gould has the following options: short August 2017 $60 puts on Paycom Software. The Motley Fool owns shares of and recommends Paycom Software. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-07-12,91.7424,92.3321,91.335,91.4918, ADP,2017-07-13,91.484,91.6388,90.5085,90.6989, ADP,2017-07-14,90.6812,90.9415,90.3528,90.4533, ADP,2017-07-17,90.481,90.8616,90.3361,90.76, ADP,2017-07-18,90.0865,90.481,89.7048,90.4099,"[""Barclays Downgrades Automatic Data Processing to Equal-Weight"", ""Benzinga's Top Upgrades, Downgrades For July 18, 2017"", ""Benzinga's Top Upgrades, Downgrades For July 18, 2017"", ""Barclays Downgrades Automatic Data Processing to Equal-Weight"", ""Benzinga's Top Upgrades, Downgrades For July 18, 2017"", ""Barclays Downgrades Automatic Data Processing to Equal-Weight""]" ADP,2017-07-19,90.5826,91.9919,90.3183,91.6979,"3 Dividend Stocks That Thrive in Both Bull and Bear Markets If you depend on income from your investments, you want stocks that will keep the dividends coming regardless of what's going on with the broader market. Ideally, those stocks should also withstand down markets better than most. We asked three Motley Fool analysts which dividend stocks they thought should thrive in both bull and bear markets. Here's why they suggested Enterprise Products Partners (NYSE: EPD) , Automatic Data Processing (NASDAQ: ADP) , and Amgen (NASDAQ: AMGN) . A history of steady growth in good times and bad Matt DiLallo (Enterprise Products Partners): Energy midstream giant Enterprise Products Partners recently notched its 52nd consecutive quarterly distribution increase. That steady growth is proof that the company can thrive no matter the market condition, especially considering its most recent increases have come during one of the worst downturns to hit the oil market in decades. Fueling Enterprise Products Partners' ability to thrive when times are tough is that it maintains a conservative financial profile during the good times. Instead of levering up to finance growth projects, the company keeps its leverage low by using the additional excess cash it generates during boom years to help fund growth projects. That leaves the company with more financial flexibility to continue executing on its growth strategy when times are tough. For example, when the energy market was booming thanks to triple-digit oil from 2011 to 2013, the company chose to maintain a very conservative leverage ratio of 3.5. Thus, it had the flexibility to pounce on growth opportunities during the market downturn, including making more than $8 billion of acquisitions and investing billions more on expansion projects. Even with all this spending, the company kept its leverage ratio from growing out of control since it peaked at 4.4 last year, while many rivals saw theirs spike well past 5. Because many of its rivals borrowed heavily during the good times, they didn't have the flexibility Enterprise had when conditions went south. Many slashed their payouts to shore up their financial situation in recent years, even while Enterprise has continued increasing its distribution. Meanwhile, Enterprise has had the flexibility to secure new growth opportunities now that market conditions are starting to improve, including locking up $3.3 billion of expansion projects since the beginning of the year, which should enable it to continue thriving during the next bull run . Payroll isn't going to process itself Tim Green (Automatic Data Processing): No matter the market conditions, businesses always need to perform the back-office tasks that keep things running smoothly. Automatic Data Processing is one of the biggest providers of human capital management solutions, processing payroll for hundreds of thousands of clients worldwide. ADP stock declined during the financial crisis, but it held up better than the S&P 500. One reason for that outperformance was that revenue didn't stop growing, although growth did slow in fiscal 2009 and 2010. ADP was also able to maintain its status as a Dividend Aristocrat despite the bear market, and as of this year it has increased its dividend for 42 consecutive years. ADP data by YCharts ADP's dividend currently yields about 2.2%, a bit higher than the yield of the S&P 500. ADP stock is not cheap, which shouldn't be a surprise given the quality of the company. Analysts are expecting earnings of $3.71 per share on average for fiscal 2017, putting the P/E ratio at about 27.5. That high price buys a company that enjoys significant switching costs. Once a customer, particularly a larger customer, has chosen ADP for various back-office tasks, switching to a competitor becomes a costly, disruptive process that probably isn't worth pursuing. ADP's dividend yield certainly isn't the highest available, and the stock is pricey. But if you want to own shares of a company that should thrive no matter what the market is doing, ADP is a solid choice. Must-have products regardless of the economic climate Keith Speights (Amgen) : What kind of dividend stock performs well regardless of economic conditions? The kind that sells products that people absolutely must have, no matter what. That's why I think Amgen is a great dividend stock that can go up in good times and bad times. Amgen's top-selling product is Neulasta. Cancer patients on chemotherapy are especially susceptible to infections, and Neulasta helps the body produce more white blood cells so that it can fight off those infections. It's a potentially life-saving drug. A must-have drug for many. Most of Amgen's other products fall into the must-have category as well. In 2008, most stock prices sank like a brick in the midst of the worst economic crisis since the Great Depression. Amgen stock rose more than 20% that year. Back then, however, the biotech didn't pay a dividend. Now it does, having initiated its dividend program in 2011. The company claims one of the fastest-growing dividends on the market, with annual dividend increases averaging 30% over the last three years. Its yield currently stands at a healthy 2.67%. Amgen does have some challenges. Its revenue has been stagnant, largely caused by declining sales of autoimmune-disease Enbrel, which has suffered at the hands of competition. However, the big biotech has several promising newer drugs, as well as a lot of cash that could be used to buy assets to drive additional growth. Overall, Amgen remains a solid dividend pick for economic booms and busts. 10 stocks we like better than Amgen When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Amgen wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of July 6, 2017 Keith Speights has no position in any stocks mentioned. Matt DiLallo owns shares of Enterprise Products Partners. Timothy Green has no position in any stocks mentioned. The Motley Fool recommends Automatic Data Processing and Enterprise Products Partners. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-07-20,91.8656,92.3411,91.7699,92.2206,"[""Noteworthy ETF Outflows: USMV, BDX, ISRG, ADP Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol USA ETF (Symbol: USMV) where we have detected an approximate $74.2 million dollar outflow -- that's a 0.5% decrease week over week (from 277,200,000 to 275,700,000). Among the largest underlying components of USMV, in trading today Becton, Dickinson & Co (Symbol: BDX) is up about 0.1%, Intuitive Surgical Inc (Symbol: ISRG) is off about 0.1%, and Automatic Data Processing Inc. (Symbol: ADP) is up by about 0.3%. For a complete list of holdings, visit the USMV Holdings page \u00bb The chart below shows the one year price performance of USMV, versus its 200 day moving average: Looking at the chart above, USMV's low point in its 52 week range is $43.45 per share, with $50.03 as the 52 week high point - that compares with a last trade of $49.51. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Court Place Advisors, LLC Buys United Rentals Inc, iShares MSCI Emerging Index Fund, United ... Court Place Advisors, LLC New Purchases: EEM , ORI , UPS , XLRE, BIP, WBA, UTG, VNTV, Added Positions:URI, KMI, ALK, CSCO, SLB, ABBV, NKE, EMR, WFC, TGT, Reduced Positions:ORCL, VTV, NTG, LUV, KO, QCOM, SPGI, TRN, SHPG, SO, Sold Out:COP, For the details of Court Place Advisors, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Court+Place+Advisors%2C+LLC These are the top 5 holdings of Court Place Advisors, LLC Jack Henry & Associates Inc ( JKHY ) - 93,768 shares, 4.7% of the total portfolio. Shares reduced by 0.39% Automatic Data Processing Inc ( ADP ) - 76,194 shares, 3.76% of the total portfolio. Shares reduced by 0.77% Berkshire Hathaway Inc (BRK.B) - 40,035 shares, 3.27% of the total portfolio. Shares reduced by 0.14% Aetna Inc ( AET ) - 43,281 shares, 3.17% of the total portfolio. Shares reduced by 0.29% Procter & Gamble Co ( PG ) - 73,483 shares, 3.09% of the total portfolio. Shares added by 0.22% New Purchase: iShares MSCI Emerging Index Fund ( EEM ) Court Place Advisors, LLC initiated holdings in iShares MSCI Emerging Index Fund. The purchase prices were between $38.81 and $41.93, with an estimated average price of $40.68. The stock is now traded at around $43.68. The impact to the portfolio due to this purchase was 0.27%. The holdings were 13,561 shares as of 2017-06-30. New Purchase: United Parcel Service Inc (UPS) Court Place Advisors, LLC initiated holdings in United Parcel Service Inc. The purchase prices were between $102.87 and $111.01, with an estimated average price of $106.84. The stock is now traded at around $112.67. The impact to the portfolio due to this purchase was 0.17%. The holdings were 3,106 shares as of 2017-06-30. New Purchase: Old Republic International Corp (ORI) Court Place Advisors, LLC initiated holdings in Old Republic International Corp. The purchase prices were between $19.42 and $20.83, with an estimated average price of $19.95. The stock is now traded at around $19.69. The impact to the portfolio due to this purchase was 0.17%. The holdings were 18,000 shares as of 2017-06-30. New Purchase: Real Estate Select Sector SPDR Fund (The) (XLRE) Court Place Advisors, LLC initiated holdings in Real Estate Select Sector SPDR Fund (The). The purchase prices were between $31.34 and $32.73, with an estimated average price of $32.02. The stock is now traded at around $32.38. The impact to the portfolio due to this purchase was 0.15%. The holdings were 9,360 shares as of 2017-06-30. New Purchase: Walgreens Boots Alliance Inc (WBA) Court Place Advisors, LLC initiated holdings in Walgreens Boots Alliance Inc. The purchase prices were between $76.34 and $86.54, with an estimated average price of $82.36. The stock is now traded at around $79.83. The impact to the portfolio due to this purchase was 0.14%. The holdings were 3,578 shares as of 2017-06-30. New Purchase: Brookfield Infrastructure Partners LP (BIP) Court Place Advisors, LLC initiated holdings in Brookfield Infrastructure Partners LP. The purchase prices were between $37.99 and $41.12, with an estimated average price of $39.7. The stock is now traded at around $40.29. The impact to the portfolio due to this purchase was 0.14%. The holdings were 6,835 shares as of 2017-06-30. Added: United Rentals Inc (URI) Court Place Advisors, LLC added to the holdings in United Rentals Inc by 43.70%. The purchase prices were between $101.62 and $125.96, with an estimated average price of $111.96. The stock is now traded at around $122.06. The impact to the portfolio due to this purchase was 0.33%. The holdings were 19,830 shares as of 2017-06-30. Added: Kinder Morgan Inc (KMI) Court Place Advisors, LLC added to the holdings in Kinder Morgan Inc by 58.31%. The purchase prices were between $18.42 and $21.75, with an estimated average price of $19.92. The stock is now traded at around $20.56. The impact to the portfolio due to this purchase was 0.11%. The holdings were 31,825 shares as of 2017-06-30. Added: Alaska Air Group Inc (ALK) Court Place Advisors, LLC added to the holdings in Alaska Air Group Inc by 39.62%. The purchase prices were between $82.19 and $92.37, with an estimated average price of $87.71. The stock is now traded at around $89.24. The impact to the portfolio due to this purchase was 0.08%. The holdings were 6,695 shares as of 2017-06-30. Added: Schlumberger Ltd (SLB) Court Place Advisors, LLC added to the holdings in Schlumberger Ltd by 42.18%. The purchase prices were between $65.25 and $79.65, with an estimated average price of $71.85. The stock is now traded at around $66.93. The impact to the portfolio due to this purchase was 0.07%. The holdings were 7,517 shares as of 2017-06-30. Added: Target Corp (TGT) Court Place Advisors, LLC added to the holdings in Target Corp by 26.03%. The purchase prices were between $50.52 and $58.41, with an estimated average price of $54.68. The stock is now traded at around $54.62. The impact to the portfolio due to this purchase was 0.04%. The holdings were 6,779 shares as of 2017-06-30. Added: Teva Pharmaceutical Industries Ltd (TEVA) Court Place Advisors, LLC added to the holdings in Teva Pharmaceutical Industries Ltd by 26.09%. The purchase prices were between $27.82 and $32.95, with an estimated average price of $30.94. The stock is now traded at around $32.43. The impact to the portfolio due to this purchase was 0.04%. The holdings were 11,767 shares as of 2017-06-30. Sold Out: ConocoPhillips (COP) Court Place Advisors, LLC sold out the holdings in ConocoPhillips. The sale prices were between $43.07 and $50.15, with an estimated average price of $46.73. Warning! GuruFocus has detected 4 Warning Signs with URI. Click here to check it out. URI 15-Year Financial Data The intrinsic value of URI Peter Lynch Chart of URI Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-07-21,91.6388,93.6585,91.6388,93.3469,"[""William Blair Downgrades Automatic Data Processing to Market Perform"", ""Benzinga's Top Upgrades, Downgrades For July 21, 2017"", ""Benzinga's Top Upgrades, Downgrades For July 21, 2017"", ""William Blair Downgrades Automatic Data Processing to Market Perform"", ""Benzinga's Top Upgrades, Downgrades For July 21, 2017"", ""William Blair Downgrades Automatic Data Processing to Market Perform""]" ADP,2017-07-24,93.1309,93.2138,91.4544,92.3962, ADP,2017-07-25,92.5362,92.8696,91.6575,92.0953,"[""Puzo Michael J Buys JM Smucker Co, Analog Devices Inc, EOG Resources Inc, Sells NXP ... Puzo Michael J New Purchases: EOG , LECO , Added Positions: SJM , ADI, INTC, ABT, FTV, DHR, CB, UL, HD, SLB, Reduced Positions:NXPI, QCOM, MMM, JNJ, ORCL, OZRK, CVS, CSCO, CNI, EMR, Sold Out:JCI, SYY, IONS, For the details of PUZO MICHAEL J's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=PUZO+MICHAEL+J These are the top 5 holdings of PUZO MICHAEL J Johnson & Johnson ( JNJ ) - 83,834 shares, 6.13% of the total portfolio. Shares reduced by 2.76% 3M Co ( MMM ) - 38,864 shares, 4.47% of the total portfolio. Shares reduced by 5.37% Nestle SA ( NSRGY ) - 85,577 shares, 4.13% of the total portfolio. Shares reduced by 0.47% Canadian National Railway Co ( CNI ) - 90,534 shares, 4.06% of the total portfolio. Shares reduced by 2.06% Automatic Data Processing Inc ( ADP ) - 65,344 shares, 3.7% of the total portfolio. Shares reduced by 1.46% New Purchase: EOG Resources Inc (EOG) Puzo Michael J initiated holdings in EOG Resources Inc. The purchase prices were between $87.04 and $98.57, with an estimated average price of $92.21. The stock is now traded at around $94.87. The impact to the portfolio due to this purchase was 0.28%. The holdings were 5,690 shares as of 2017-06-30. New Purchase: Lincoln Electric Holdings Inc (LECO) Puzo Michael J initiated holdings in Lincoln Electric Holdings Inc. The purchase prices were between $81.9 and $97.36, with an estimated average price of $89.85. The stock is now traded at around $87.35. The impact to the portfolio due to this purchase was 0.11%. The holdings were 2,200 shares as of 2017-06-30. Added: JM Smucker Co (SJM) Puzo Michael J added to the holdings in JM Smucker Co by 54.23%. The purchase prices were between $118.02 and $131.08, with an estimated average price of $126.57. The stock is now traded at around $121.02. The impact to the portfolio due to this purchase was 0.41%. The holdings were 18,002 shares as of 2017-06-30. Added: Analog Devices Inc (ADI) Puzo Michael J added to the holdings in Analog Devices Inc by 30.49%. The purchase prices were between $75.51 and $85.76, with an estimated average price of $79.52. The stock is now traded at around $79.52. The impact to the portfolio due to this purchase was 0.36%. The holdings were 35,514 shares as of 2017-06-30. Added: Fortive Corp (FTV) Puzo Michael J added to the holdings in Fortive Corp by 52.27%. The purchase prices were between $60.01 and $64.79, with an estimated average price of $62.36. The stock is now traded at around $63.07. The impact to the portfolio due to this purchase was 0.1%. The holdings were 8,352 shares as of 2017-06-30. Sold Out: Johnson Controls International PLC (JCI) Puzo Michael J sold out the holdings in Johnson Controls International PLC. The sale prices were between $40.6 and $43.2, with an estimated average price of $41.84. Sold Out: Sysco Corp (SYY) Puzo Michael J sold out the holdings in Sysco Corp. The sale prices were between $49.27 and $55.73, with an estimated average price of $53.42. Sold Out: Ionis Pharmaceuticals Inc (IONS) Puzo Michael J sold out the holdings in Ionis Pharmaceuticals Inc. The sale prices were between $37.91 and $55.5, with an estimated average price of $46.4. Warning! GuruFocus has detected 4 Warning Signs with SJM. Click here to check it out. SJM 15-Year Financial Data The intrinsic value of SJM Peter Lynch Chart of SJM Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Somerville Kurt F Buys JM Smucker Co, Analog Devices Inc, Fortive Corp, Sells NXP ... Somerville Kurt F New Purchases: CATC , FIS , IR , Added Positions:SJM, ADI, FTV, RHHBY, DHR, CB, HD, ABT, UL, UTX, Reduced Positions:NXPI, ORCL, JNJ, MMM, CVS, IONS, CSCO, PBA, PEP, IPGP, Sold Out:TGT, ALNY, HES, SRCL, PSX, For the details of SOMERVILLE KURT F's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=SOMERVILLE+KURT+F These are the top 5 holdings of SOMERVILLE KURT F Johnson & Johnson ( JNJ ) - 168,146 shares, 4.69% of the total portfolio. Shares reduced by 3.95% Canadian National Railway Co ( CNI ) - 262,393 shares, 4.48% of the total portfolio. Shares reduced by 1.9% 3M Co ( MMM ) - 101,139 shares, 4.44% of the total portfolio. Shares reduced by 3.84% Mastercard Inc ( MA ) - 157,368 shares, 4.03% of the total portfolio. Shares reduced by 2.13% Automatic Data Processing Inc ( ADP ) - 178,812 shares, 3.86% of the total portfolio. Shares reduced by 0.51% New Purchase: Ingersoll-Rand PLC (IR) Somerville Kurt F initiated holdings in Ingersoll-Rand PLC. The purchase prices were between $81.22 and $92.59, with an estimated average price of $87.58. The stock is now traded at around $90.47. The impact to the portfolio due to this purchase was 0.04%. The holdings were 2,200 shares as of 2017-06-30. New Purchase: Fidelity National Information Services Inc (FIS) Somerville Kurt F initiated holdings in Fidelity National Information Services Inc. The purchase prices were between $79.13 and $86.77, with an estimated average price of $83.55. The stock is now traded at around $89.70. The impact to the portfolio due to this purchase was 0.04%. The holdings were 2,500 shares as of 2017-06-30. New Purchase: Cambridge Bancorp (CATC) Somerville Kurt F initiated holdings in Cambridge Bancorp. The purchase prices were between $64.9 and $70, with an estimated average price of $67.53. The stock is now traded at around $65.00. The impact to the portfolio due to this purchase was 0.04%. The holdings were 3,000 shares as of 2017-06-30. Added: JM Smucker Co (SJM) Somerville Kurt F added to the holdings in JM Smucker Co by 33.51%. The purchase prices were between $118.02 and $131.08, with an estimated average price of $126.57. The stock is now traded at around $121.02. The impact to the portfolio due to this purchase was 0.37%. The holdings were 58,968 shares as of 2017-06-30. Added: Analog Devices Inc (ADI) Somerville Kurt F added to the holdings in Analog Devices Inc by 20.84%. The purchase prices were between $75.51 and $85.76, with an estimated average price of $79.52. The stock is now traded at around $79.52. The impact to the portfolio due to this purchase was 0.29%. The holdings were 101,289 shares as of 2017-06-30. Added: Fortive Corp (FTV) Somerville Kurt F added to the holdings in Fortive Corp by 68.90%. The purchase prices were between $60.01 and $64.79, with an estimated average price of $62.36. The stock is now traded at around $63.07. The impact to the portfolio due to this purchase was 0.18%. The holdings were 33,369 shares as of 2017-06-30. Sold Out: Target Corp (TGT) Somerville Kurt F sold out the holdings in Target Corp. The sale prices were between $50.52 and $58.41, with an estimated average price of $54.68. Sold Out: Alnylam Pharmaceuticals Inc (ALNY) Somerville Kurt F sold out the holdings in Alnylam Pharmaceuticals Inc. The sale prices were between $47.75 and $85.21, with an estimated average price of $63.45. Sold Out: Hess Corp (HES) Somerville Kurt F sold out the holdings in Hess Corp. The sale prices were between $40.31 and $51.11, with an estimated average price of $46.81. Sold Out: Stericycle Inc (SRCL) Somerville Kurt F sold out the holdings in Stericycle Inc. The sale prices were between $76.34 and $87, with an estimated average price of $82.27. Sold Out: Phillips 66 (PSX) Somerville Kurt F sold out the holdings in Phillips 66. The sale prices were between $75.33 and $81.87, with an estimated average price of $78.45. Warning! GuruFocus has detected 4 Warning Signs with SJM. Click here to check it out. SJM 15-Year Financial Data The intrinsic value of SJM Peter Lynch Chart of SJM Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for July 26, 2017 Simulations Plus, Inc. ( SLP ) will begin trading ex-dividend on July 26, 2017. A cash dividend payment of $0.05 per share is scheduled to be paid on August 04, 2017. Shareholders who purchased SLP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that SLP has paid the same dividend. At the current stock price of $15.7, the dividend yield is 1.27%. The previous trading day's last sale of SLP was $15.7, representing a -0.63% decrease from the 52 week high of $15.80 and a 99.49% increase over the 52 week low of $7.87. SLP is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). SLP's current earnings per share, an indicator of a company's profitability, is $.32. Zacks Investment Research reports SLP's forecasted earnings growth in 2017 as 10.34%, compared to an industry average of 6.6%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-07-26,92.4159,94.6635,91.9446,94.5876,"[""Kidder Stephen W Buys Fortive Corp, Novo Nordisk A/S, Sells Cisco Systems Inc, Enbridge Inc, ... Kidder Stephen W New Purchases: NVO , Added Positions: FTV , ADI , SJM, UL, RHHBY, DHR, ILMN, XYL, AMGN, Reduced Positions:XOM, CSCO, ENB, MMM, ORCL, HD, QCOM, JNJ, FISV, EMR, Sold Out:TGT, For the details of Kidder Stephen W's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Kidder+Stephen+W These are the top 5 holdings of Kidder Stephen W Johnson & Johnson ( JNJ ) - 108,734 shares, 5.6% of the total portfolio. Shares reduced by 1.88% Apple Inc ( AAPL ) - 76,414 shares, 4.28% of the total portfolio. Shares reduced by 1.01% 3M Co ( MMM ) - 52,682 shares, 4.27% of the total portfolio. Shares reduced by 5.3% Automatic Data Processing Inc ( ADP ) - 95,204 shares, 3.8% of the total portfolio. Shares reduced by 2.07% Canadian National Railway Co ( CNI ) - 118,540 shares, 3.74% of the total portfolio. Shares reduced by 1.41% New Purchase: Novo Nordisk A/S (NVO) Kidder Stephen W initiated holdings in Novo Nordisk A/S. The purchase prices were between $34.28 and $44.44, with an estimated average price of $40.22. The stock is now traded at around $41.91. The impact to the portfolio due to this purchase was 0.08%. The holdings were 4,695 shares as of 2017-06-30. Added: Fortive Corp (FTV) Kidder Stephen W added to the holdings in Fortive Corp by 78.23%. The purchase prices were between $60.01 and $64.79, with an estimated average price of $62.36. The stock is now traded at around $62.66. The impact to the portfolio due to this purchase was 0.2%. The holdings were 18,810 shares as of 2017-06-30. Sold Out: Target Corp (TGT) Kidder Stephen W sold out the holdings in Target Corp. The sale prices were between $50.52 and $58.41, with an estimated average price of $54.68. Warning! GuruFocus has detected 2 Warning Sign with FTV. Click here to check it out. FTV 15-Year Financial Data The intrinsic value of FTV Peter Lynch Chart of FTV Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Business Services Earnings Slated on Jul 27: RSG, ADP & More The earnings season is in full swing with about 183 S&P 500 companies reporting this week. About 97 S&P 500 companies have already released their results till Jul 21, reconfirming broad-based expectations of better-than expected earnings. Total earnings for these 97 companies (accounting for 28.1% of the index's total market capitalization) are up 8.4% year over year on 5.1% higher revenues, with 78.4% beating earnings estimates and 72.2% surpassing top-line expectations. Based on the hitherto observed pattern, the Apr-Jun 2017 quarter is anticipated to register high single-digit percentage earnings growth on a year-over-year basis. Per the Earnings Preview , overall earnings for all the S&P 500 companies are expected to be up 8.6% on 4.7% growth in revenues. Although it represents a slightly tempered growth projection compared with the double-digit growth rate of the previous quarter, the dollar amount of the total earnings is likely to be on par or even better than the all-time high achieved in fourth-quarter 2016. The relative improvement in the quarterly performance is largely due to a turnaround in the economy, better job market scenario and rising oil prices . Experts widely believe that earnings growth is likely to be in double digits in 2018 and beyond. For the April-June quarter as a whole, about five of the 16 Zacks sectors are expected to witness an earnings decline, with Autos, Conglomerates and Utilities being the biggest drag. The Business Services sector appears reasonably healthy. For the sector, earnings are expected to improve 9.4% year over year while sales are touted to rise 4.4% due to higher disposable income and new business initiatives. Let's take a sneak peek at five major Business Services stocks scheduled to report earnings tomorrow to see how things are shaping up for the upcoming results. Republic Services, Inc.RSG is scheduled to report second-quarter 2017 results after the closing bell. The company has significantly expanded its product offerings in the e-commerce platform to address the evolving needs of the customers. This low-cost sales channel is likely to witness higher earnings in the quarter. In addition, the company improved the capabilities and functionality of the customer portal and mobile app with the enrolment of over 1.8 million customers. These value-driven interactive features are likely to lead to incremental orders and higher revenues in the to-be-reported quarter. (Read more: What to Expect from Republic Services in Q2 Earnings? ) In the second quarter, the company's earnings are expected to rise 7.3% year over year on 5.2% higher revenues. For the quarter, the company has an Earnings ESP of 0.00%, and Zacks Rank #2 (Buy), making an earnings prediction uncertain. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 or 3 (Hold) for a likely earnings beat. You can see the complete list of today's Zacks #1 Rank stocks here . Republic Services, Inc. Price and EPS Surprise Republic Services, Inc. Price and EPS Surprise | Republic Services, Inc. Quote Automatic Data Processing, Inc.ADP is slated to report fourth-quarter fiscal 2017 results before the opening bell. Apart from stiff competition, we expect ADP's investments in new initiatives to weigh on its earnings. Moreover, the divestiture of Consumer Health Spending Account and Consolidated Omnibus Reconciliation Act businesses will impact top-line growth. We remain inconclusive on an earnings beat this quarter as it has an ESP of +2.99% and a Zacks Rank #4 (Sell). (Read More: ADP Set to Report Q4 Earnings: Disappointment in Store? ) Automatic Data Processing, Inc. Price and EPS Surprise Automatic Data Processing, Inc. Price and EPS Surprise | Automatic Data Processing, Inc. Quote You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Nielsen Holdings plcNLSN will report second-quarter 2017 results before the opening bell. Nielsen is partnering with big companies to extend its TV ratings service beyond the Nielsen Local TV Ratings Service. The company signed a multi-year agreement with Tennis Channel, providing its National TV Ratings service to the latter. Earlier, it also renewed its agreement with CBS Corporation's CBS Radio to deliver its local market insights and currency ratings to the broadcast media operator across all the Portable People Meter metros. We remain uncertain on an earnings beat this quarter as it has an ESP of 0.00% and a Zacks Rank #3. (Read More: Nielsen to Report Q2 Earnings: Will it Surprise? ) Nielsen N.V. Price and EPS Surprise Nielsen N.V. Price and EPS Surprise | Nielsen N.V. Quote S&P Global Inc.SPGI is scheduled to report second-quarter 2017 results before the market opens. S&P Global's focus on its core business is helping it emerge as a leader among rating providers, benchmark providers and analytics in the global capital as well as commodity markets. We remain reasonably certain on an earnings beat this quarter as it has an ESP of +2.55% and a Zacks Rank #2. (Read More: S&P Global to Post Q2 Earnings: A Beat in the Cards? ) S&P Global Inc. Price and EPS Surprise S&P Global Inc. Price and EPS Surprise | S&P Global Inc. Quote Mastercard IncorporatedMA is slated to report second-quarter 2017 results before the opening bell. The company's effort to expand its services business, which has been posting strong earnings, is a key differentiator in the market. Higher utilization of the company's service offerings led to revenue acceleration in the previous quarter, and the same is expected in the quarter to be reported. We remain uncertain on an earnings beat this quarter as it has an ESP of 0.00% and a Zacks Rank #2. (Read More: Can Mastercard Keep its Earnings Streak Alive in Q2? ) Mastercard Incorporated Price and EPS Surprise Mastercard Incorporated Price and EPS Surprise | Mastercard Incorporated Quote The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce \""the world's first trillionaires,\"" but that should still leave plenty of money for regular investors who make the right trades early. SeeZacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nielsen N.V. (NLSN): Free Stock Analysis Report S&P Global Inc. (SPGI): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Mastercard Incorporated (MA): Free Stock Analysis Report Republic Services, Inc. (RSG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Noteworthy Wednesday Option Activity: ADP, NVDA, PYPL Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Automatic Data Processing Inc. (Symbol: ADP), where a total of 18,602 contracts have traded so far, representing approximately 1.9 million underlying shares. That amounts to about 54.6% of ADP's average daily trading volume over the past month of 3.4 million shares. Particularly high volume was seen for the $100 strike put option expiring August 18, 2017 , with 6,843 contracts trading so far today, representing approximately 684,300 underlying shares of ADP. Below is a chart showing ADP's trailing twelve month trading history, with the $100 strike highlighted in orange: NVIDIA Corp (Symbol: NVDA) saw options trading volume of 112,539 contracts, representing approximately 11.3 million underlying shares or approximately 53.7% of NVDA's average daily trading volume over the past month, of 21.0 million shares. Particularly high volume was seen for the $170 strike call option expiring July 28, 2017 , with 14,491 contracts trading so far today, representing approximately 1.4 million underlying shares of NVDA. Below is a chart showing NVDA's trailing twelve month trading history, with the $170 strike highlighted in orange: And PayPal Holdings Inc (Symbol: PYPL) options are showing a volume of 40,967 contracts thus far today. That number of contracts represents approximately 4.1 million underlying shares, working out to a sizeable 45.1% of PYPL's average daily trading volume over the past month, of 9.1 million shares. Especially high volume was seen for the $60 strike call option expiring August 18, 2017 , with 11,059 contracts trading so far today, representing approximately 1.1 million underlying shares of PYPL. Below is a chart showing PYPL's trailing twelve month trading history, with the $60 strike highlighted in orange: For the various different available expirations for ADP options , NVDA options , or PYPL options , visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-07-27,92.3588,107.103,92.3588,103.187,"[""Earnings Scheduled For July 27, 2017"", ""ADP Reports Q4 Adj. EPS $0.66 vs $0.67 Est., Sales $3.1B vs $3.04B Est."", ""Shares of ADP Up 10.6% As Traders Circulate Chatter That Pershing's Bill Ackman Is Building A Stake In The Co."", ""Spruce Point Capital Tweets: Ackman takes stake in $ADP, smart move we think they're taking share vs.$ULTI (also in process of suing ULTI in court over unfair practices)"", ""Spruce Point Capital Tweets: Reminder of the evolving, competitive HR SaaS space, $ULTI $ADP - Workday on fire but an expensive stock"", ""Spokesperson From Pershing Square Tells Benzinga They Have 'No Comment' Regarding Rumored ADP Stake"", ""Spokesperson From Pershing Square Tells Benzinga They Have 'No Comment' Regarding Rumored ADP Stake"", ""Spruce Point Capital Tweets: Reminder of the evolving, competitive HR SaaS space, $ULTI $ADP - Workday on fire but an expensive stock"", ""Spruce Point Capital Tweets: Ackman takes stake in $ADP, smart move we think they're taking share vs.$ULTI (also in process of suing ULTI in court over unfair practices)"", ""Shares of ADP Up 10.6% As Traders Circulate Chatter That Pershing's Bill Ackman Is Building A Stake In The Co."", ""ADP Reports Q4 Adj. EPS $0.66 vs $0.67 Est., Sales $3.1B vs $3.04B Est."", ""Earnings Scheduled For July 27, 2017"", ""ADP Misses on Q4 Earnings, '18 New Bookings View Positive Automatic Data Processing Inc.ADP reported fourth-quarter fiscal 2017 adjusted earnings from continuing operations of 66 cents per share, which missed the Zacks Consensus Estimate of 67 cents. The figure included tax benefit of a penny related to the adoption of new stock-based compensation accounting guidance. Earnings declined 4.3% from the year-ago quarter, primarily due to higher expenses related to company's Service Alignment Initiative. However, revenues of $3.07 billion beat the Zacks Consensus Estimate of $3.05 billion and grew 5.7% on a year-over-year basis. ADP reported revenues of $12.4 billion in fiscal 2017, which grew 6% over fiscal 2016 and was in line with management's guidance. Organically, the growth was 7%. ADP's stock has gained 3.1% year to date, substantially outperforming the industry it belongs to. The outperformance can be attributed to consistent revenue performance and improving operational efficiency. Moreover, ADP's fiscal 2018 guidance forecasts new business bookings to increase 5% to 7% against a 5% decline in fiscal 2017. The Service Alignment will boost results going forward, which will eventually help the stock to maintain its momentum in the long run. Automatic Data Processing, Inc. Price, Consensus and EPS Surprise Automatic Data Processing, Inc. Price, Consensus and EPS Surprise | Automatic Data Processing, Inc. Quote Quarter Details Employer Services revenues in the quarter increased 2% year over year to $2.34 billion. The number of employees on ADP clients' payrolls in the U.S. increased 2.1% on a same-store-sales basis. Client revenues retention increased 60 basis points (bps) on a year-over-year basis. PEO Services revenues surged 12% year over year to $891.6 million. Interest on funds held for clients in the quarter increased 8% to $105 million. The company's average client funds balance inched up 3% year over year to $23.9 billion in the quarter, while average interest yield of 1.8% was up 10 bps on a year-over-year basis. Adjusted EBIT margin declined almost 240 bps to 14.3% primarily due to increased investments on product, sales, and service, including dual operation costs related to the company's Service Alignment Initiative. Employer Services segment margin decreased approximately 210 bps on a year-over-year basis. Meanwhile, PEO Services segment margin increased approximately 10 bps in the quarter. Guidance ADP anticipates fiscal 2018 revenue growth to be in the range of 5-6% over fiscal 2016. Management expects revenue growth at the lower end of the guided range in the first half of fiscal 2018, and at the higher end in the second half of fiscal 2018. The projection assumes worldwide new business bookings growth of 5% to 7%. ADP expects adjusted earnings to grow in the range of 2-4%. Adjusted EBIT margin is forecasted to decline 25-50 bps for the fiscal year. Employer Services segment revenues is expected to grow almost in the range of 2-3%. Margin is projected to decline in the range of 50 to 75 bps for the year. ADP expects pays per control to increase 2.5% for fiscal 2018. For the PEO Services segment, management anticipates 11% to 13% revenue growth and margin expansion of 25 bps to 50 bps. Interest on funds held for clients is expected to increase $40-$50 million, or about 11%. This is based on anticipated growth in average client funds balances of approximately 2% to 3% from $23.0 billion in fiscal 2017 and an average yield which is anticipated to increase about 20 bps to 1.9%. The total contribution from the client funds extended investment strategy is expected to be up $30-$40 million over fiscal 2017. Our Take Automatic Data Processing holds a dominant position in the payroll processing and human capital management market, primarily owing to its robust product portfolio. We believe that the company's higher revenue per client and a decent customer retention ratio position is in an advantageous position. However, we expect the company's investments in new initiatives to weigh on near-term earnings. Additionally, increasing competition from the likes of Paychex PAYX , Equifax, Insperity NSP and TriNet Group Inc. TNET is a major headwind. Currently, ADP carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . More Stock News: Tech Opportunity Worth $386 Billion in 2017 From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future. Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Insperity, Inc. (NSP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Paychex, Inc. (PAYX): Free Stock Analysis Report TriNet Group, Inc. (TNET): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Misses on Q4 Earnings, Revenues Up Y/Y on PEO Growth Founded in 1949, New Jersey based- Automatic Data Processing Inc.ADP is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves approximately 637K clients across 125 nations. The company reports in three business segments - Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. The Employer Services segment includes human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. Automatic Data Processing, Inc. Price Automatic Data Processing, Inc. Price | Automatic Data Processing, Inc. Quote The Dealer Services segment provides integrated dealer management systems, digital marketing solutions and other business management solutions to the automotive, heavy truck, motorcycle, marine, recreational vehicle (RV), and heavy equipment retailers, distributors, and manufacturers. Zacks Rank : Currently, ADP has a Zacks Rank #4 (Sell) but that could change following its fourth-quarter fiscal 2017 earnings report which has just released. You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here . We have highlighted some of the key details from the just-released announcement below: Earnings : ADP's adjusted earnings from continuing operations came in at 66 cents per share, which missed the Zacks Consensus Estimate of 67 cents. The figure included tax benefit of a penny related to the adoption of new stock-based compensation accounting guidance. Revenues : Revenues of $3.06 billion beat the Zacks Consensus Estimate of $3.05 billion and grew 6% on a year-over-year basis. Key Stats: PEO Services revenues increased 16% on a year-over-year. Stock Price: Shares prices did not show any movement in the pre-market trading session. Check back later for our full write up on this ADP earnings report later! More Stock News: Tech Opportunity Worth $386 Billion in 2017 From driverless cars to artifical intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future. Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Market Close Report: NASDAQ Composite index closes at 6,382.19 down -40.56 points Thursday's session closes with the NASDAQ Composite Index at 6,382.19. The total shares traded for the NASDAQ was over 2.59 billion. Declining stocks led advancers by 2 to 1 ratio. There were 974 advancers and 1949 decliners for the day. On the NASDAQ Stock Exchange 51 stocks reached a 52 week high and 27 those reaching lows totaled. The most active, advancers, decliners, unusual volume and most active by dollar volume can be monitored intraday on the Most Active Stocks page. The NASDAQ 100 index closed down -.57% for the day; a total of -33.7 points. The current value is 5,917.03. CA Inc. ( CA ) had the largest percent change down (-10.25%) while Automatic Data Processing, Inc. ( ADP ) had the largest percent change gain rising 9.11%. The Dow Jones index closed up .39% for the day; a total of 85.54 points. The current value is 21,796.55. Apple Inc. ( AAPL ) had the largest percent change down (-1.89%) while Verizon Communications Inc. ( VZ ) had the largest percent change gain rising 7.68%. NASDAQ Market Wrap As of 7/27/2017 4:44:04 PM BILLIONS OF 2.59 NASDAQ SHARES TRADED TODAY 51 STOCKS REACHED A 52 WEEK HIGH 27 THOSE REACHING LOWS TOTALEDAutomatic Data Processing, Inc. [ADP]TOPS ADVANCERS LISTOF NASDAQ 100 INDEX % 9.11 ROSE The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Thursday's ETF with Unusual Volume: XMX The WisdomTree Global ex-Mexico Equity Fund ETF ( XMX ) is seeing unusually high volume in afternoon trading Thursday, with over 409,000 shares traded versus three month average volume of about 28,000. Shares of XMX were trading flat on the day. Components of that ETF with the highest volume on Thursday were Facebook ( FB ), trading up about 2.6% with over 50.5 million shares changing hands so far this session, and AT&T ( T ), up about 3.2% on volume of over 36.9 million shares. Automatic Data Processing ( ADP ) is the component faring the best Thursday, up by about 10.3% on the day, while CA ( CA ) is lagging other components of the WisdomTree Global ex-Mexico Equity Fund ETF, trading lower by about 10.5%. VIDEO: Thursday's ETF with Unusual Volume: XMX The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Spokesperson From Pershing Square Tells Benzinga They Have 'No Comment' Regarding Rumored ADP Stake"", ""Spruce Point Capital Tweets: Reminder of the evolving, competitive HR SaaS space, $ULTI $ADP - Workday on fire but an expensive stock"", ""Spruce Point Capital Tweets: Ackman takes stake in $ADP, smart move we think they're taking share vs.$ULTI (also in process of suing ULTI in court over unfair practices)"", ""Shares of ADP Up 10.6% As Traders Circulate Chatter That Pershing's Bill Ackman Is Building A Stake In The Co."", ""ADP Reports Q4 Adj. EPS $0.66 vs $0.67 Est., Sales $3.1B vs $3.04B Est."", ""Earnings Scheduled For July 27, 2017"", ""ADP stock jumps 10% in midday trade on reports of Ackman stake Shares of Automatic Data Processing Inc. jumped more than 10% in Thursday afternoon trade following a Bloomberg News report that Bill Ackman's Pershing Square Capital Management had taken a stake in payroll company ADP . Bloomberg cited people familiar with the matter, indicating that Ackman had recently bought shares in ADP and that he may increase his position. The report didn't specify the size of the activist investor's position. ADP's shares have climbed 13.1% so far this year, compared with a 10.1% year-to-date return for the Dow Jones Industrial Average, a 10.6% rise for the S&P 500 index thus far in 2017, and a 20% surge for the Nasdaq Composite Index over the same period. Ackman has been notably linked to recent bullish bets on Valeant Pharmaceuticals International Inc. , which he exited in March after racking up a $4 billion loss on his investment. He is also notoriously wagering that nutritional-supplement company Herbalife Ltd.'s shares will fall to zero. However, that company's stock is up 40% so far this year.""]" ADP,2017-07-28,102.862,104.992,102.635,104.736,"Automatic Data Processing (ADP) in Focus: Stock Moves 9.1% Higher Automatic Data Processing, Inc.ADP was a big mover last session, as the company saw its shares rise over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $101.31 to $105.54 in the past one-month time frame. The company has seen one negative estimate revision in the past few weeks. However, its Zacks Consensus Estimate for the current quarter remained unchanged over the past few weeks. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last. Automatic Data Processing currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive. Automatic Data Processing, Inc. Price and Consensus Automatic Data Processing, Inc. Price and Consensus | Automatic Data Processing, Inc. Quote A better-ranked stock in the Outsourcing industry is The Brink's Company BCO , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Is ADP going up? Or down? Predict to see what others think: Up or Down The Hottest Tech Mega-Trend of All Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early. See Zacks' 3 Best Stocks to Play This Trend >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Brink's Company (The) (BCO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-07-31,105.328,108.67,105.199,106.136,"[""Evercore ISI Group Upgrades Automatic Data Processing to In-Line"", ""Benzinga's Top Upgrades, Downgrades For July 31, 2017"", ""Benzinga's Top Upgrades, Downgrades For July 31, 2017"", ""Evercore ISI Group Upgrades Automatic Data Processing to In-Line"", ""Benzinga's Top Upgrades, Downgrades For July 31, 2017"", ""Evercore ISI Group Upgrades Automatic Data Processing to In-Line"", ""These companies spent over $1 billion buying back shares while their CEOs were dumping them Investors might want to consider why top executives are at odds with their companies\u2019 share-repurchase programs Investors might want to consider why top executives are at odds with their companies\u2019 share-repurchase programs.""]" ADP,2017-08-01,106.018,106.52,103.848,104.213,"[""Why International Business Machines is a Top Socially Responsible Dividend Stock (IBM) International Business Machines Corp (Symbol: IBM) has been named a Top Socially Responsible Dividend Stock by Dividend Channel , signifying a stock with above-average ''DividendRank'' statistics including a strong 4.2% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society - for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel , International Business Machines Corp is a member of both the iShares MSCI USA ESG Select ETF ( SUSA ), making up 1.07% of the underlying holdings of the fund, as well as the iShares MSCI KLD 400 Social Index Fund ETF ( DSI ), where IBM makes up 1.34% of the underlying holdings of the fund. The annualized dividend paid by International Business Machines Corp is $6.00/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 08/08/2017. Below is a long-term dividend history chart for IBM, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. IBM operates in the Information Technology Services sector, among companies like Accenture plc ( ACN ), and Automatic Data Processing Inc. ( ADP ). Top 25 Socially Responsible Dividend Stocks - Income To Feel Good About \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Daily Dividend Report: SPG, COST, ADP, EMR, COL Simon's Board of Directors declared a quarterly common stock dividend of $1.80 per share. This is a 9.1% increase year-over-year. The dividend will be payable on August 31, 2017 to stockholders of record on August 17, 2017. Costco Wholesale ( COST ) has declared a quarterly cash dividend on Costco common stock of $.50 per share. The quarterly dividend is payable September 1, 2017, to shareholders of record at the close of business on August 18, 2017. Automatic Data Processing ( ADP ) has declared a regular quarterly dividend of 57 cents per share payable October 1, 2017 to shareholders of record on September 8, 2017. Emerson ( EMR ) declared the regular quarterly cash dividend of forty-eight cents ($0.48) per share of common stock payable September 11, 2017, to stockholders of record August 11, 2017. Rockwell Collins ( COL ) has declared a quarterly dividend of 33 cents per share on its common stock, payable September 5, 2017, to shareholders of record at the close of business on August 14, 2017. VIDEO: Daily Dividend Report: SPG, COST, ADP, EMR, COL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-08-02,103.207,103.947,101.856,102.862,"[""Private Job Sector Payroll Numbers In Focus We take a break for a moment this morning from our normal Q2 earnings season checklist of prominent companies reporting results before the opening bell to bring you the ADP private sector payroll numbers for July: they were good. The headline number of 178K was a smudge below the 180K the analysts had been forecasting, but June numbers were revised upward significantly, from 158K on the first read to 191K this morning. Goods production was a little weaker than expected at 4000 new jobs, but 174K in Services made up the slack. Medium-sized businesses (between 50-499 employees) did the most hiring last month with 83K jobs. Small firms brought in 50K and large companies hired 45K new workers. Education and Healthcare led the way with 43K hires, followed by Trade/Transportation at 24K and Leisure/Hospitality with 15K. Construction, which had been seeing a slight resurgence in recent months, is now back down where it had been previously, at 6K. Manufacturing, also a recent beneficiary of \""Make America Great Again\"" spirits, lost 4000 jobs in the month. Friday's non-farm payroll estimate currently sits at 180K, and today's ADP read will not move this needle. We are essentially operating at what economists call \""full employment,\"" although wage growth remains stagnant overall, and thus business owners are actually having difficulty filling positions higher up the economic food chain. Should we see wage growth gain traction in the coming months - as well as policies long-promised regarding infrastructure and corporate tax reform - there is an opportunity for the U.S. to see a stronger labor market than perhaps any time in our readers' lifetimes. To say Apple Inc. AAPL posted a \""big surprise\"" in its fiscal Q3 earnings report after Tuesday's closing bell would be a bit overstating the case. After all, this is the company that, in the final years of Steve Jobs' tenure, would wallop expectations on the top and bottom line each quarter for years. Since Jobs' passing, Apple has come back down to earth a bit, although the bull rally of the last 9 months or so has brought AAPL shares to new all-time highs - to nearly $160 per share as of pre-market trading today. Consider this has happened even before the release of the iPhone 8, currently not scheduled for release until the beginning of fiscal Q1 2018. For sure, some of AAPL's current price point has already priced in the future sales of this long-anticipated smartphone. But consider for a moment that Apple posted improved sales for its Macs and iPads in its most recent quarter, and the company has an astounding $261 BILLION in cash. This company could buy out entire INDUSTRIES with that kinda scratch. Electric car leader Tesla Inc. TSLA releases its Q2 earnings results after today's closing bell, with CEO wunderkind Elon Musk's conference call to follow. The company is more than doubling its revenues year over year, but so are its capital expenditures. The best way to look at Tesla is not necessarily in its quarterly earnings but how the company is growing: look at the Gigafactory numbers, Model 3 orders, and the like. This could be one of the most important companies of the 21st century, but execution is entirely key. Tesla shares are up nearly 50% year to date, but are exactly flat in today's pre-market. The company sits at a Zacks Rank #3 (Hold), with a Zacks Style Score (Value-Growth-Momentum) of F. Earnings ESP is -18.5%, indicating a greater chance of missing the Zacks consensus estimate when the report comes out. Keep in mind, however, Elon Musk has his eye trained on the much bigger picture. So should anyone looking at this stock. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla Inc. (TSLA): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Apple Q3, ADP Jobs Both Solid - With Room to Run Wednesday, August 2nd, 2017 We take a break for a moment this morning from our normal Q2 earnings season checklist of prominent companies reporting results before the opening bell to bring you the ADP ADP private sector payroll numbers for July: they were good. The headline number of 178K was a smudge below the 180K the analysts had been forecasting, but June numbers were revised upward significantly, from 158K on the first read to 191K this morning. Goods production was a little weaker than expected at 4000 new jobs, but 174K in Services made up the slack. Medium-sized businesses (between 50-499 employees) did the most hiring last month with 83K jobs. Small firms brought in 50K and large companies hired 45K new workers. Education and Healthcare led the way with 43K hires, followed by Trade/Transportation at 24K and Leisure/Hospitality with 15K. Construction, which had been seeing a slight resurgence in recent months, is now back down where it had been previously, at 6K. Manufacturing, also a recent beneficiary of \""Make America Great Again\"" spirits, lost 4000 jobs in the month. Friday's non-farm payroll estimate currently sits at 180K, and today's ADP read will not move this needle. We are essentially operating at what economists call \""full employment,\"" although wage growth remains stagnant overall, and thus business owners are actually having difficulty filling positions higher up the economic food chain. Should we see wage growth gain traction in the coming months - as well as policies long-promised regarding infrastructure and corporate tax reform - there is an opportunity for the U.S. to see a stronger labor market than perhaps any time in our readers' lifetimes. Apple Hits New All-Time High To say Apple Inc. AAPL posted a \""big surprise\"" in its fiscal Q3 earnings report after Tuesday's closing bell would be a bit overstating the case. After all, this is the company that, in the final years of Steve Jobs' tenure, would wallop expectations on the top and bottom line each quarter for years. Since Jobs' passing, Apple has come back down to earth a bit, although the bull rally of the last 9 months or so has brought AAPL shares to new all-time highs - to nearly $160 per share as of pre-market trading today. Consider this has happened even before the release of the iPhone 8, currently not scheduled for release until the beginning of fiscal Q1 2018. For sure, some of AAPL's current price point has already priced in the future sales of this long-anticipated smartphone. But consider for a moment that Apple posted improved sales for its Macs and iPads in its most recent quarter, and the company has an astounding $261 BILLION in cash. This company could buy out entire INDUSTRIES with that kinda scratch. Get into the weeds with Apple's Q3 report here.Also here. Tesla Reports Q2 Earnings Later Today Electric car leader Tesla Inc. TSLA releases its Q2 earnings results after today's closing bell, with CEO wunderkind Elon Musk's conference call to follow. The company is more than doubling its revenues year over year, but so are its capital expenditures. The best way to look at Tesla is not necessarily in its quarterly earnings but how the company is growing: look at the Gigafactory numbers, Model 3 orders, and the like. This could be one of the most important companies of the 21st century, but execution is entirely key. Tesla shares are up nearly 50% year to date, but are exactly flat in today's pre-market. The company sits at a Zacks Rank #3 (Hold), with a Zacks Style Score (Value-Growth-Momentum) of F. Earnings ESP is -18.5%, indicating a greater chance of missing the Zacks consensus estimate when the report comes out. Keep in mind, however, Elon Musk has his eye trained on the much bigger picture. So should anyone looking at this stock. Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla Inc. (TSLA): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Evertec, Inc. (EVTC) Ex-Dividend Date Scheduled for August 03, 2017 Evertec, Inc. ( EVTC ) will begin trading ex-dividend on August 03, 2017. A cash dividend payment of $0.1 per share is scheduled to be paid on September 08, 2017. Shareholders who purchased EVTC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 17th quarter that EVTC has paid the same dividend. At the current stock price of $18.05, the dividend yield is 2.22%. The previous trading day's last sale of EVTC was $18.05, representing a -2.96% decrease from the 52 week high of $18.60 and a 27.56% increase over the 52 week low of $14.15. EVTC is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). EVTC's current earnings per share, an indicator of a company's profitability, is $1.06. Zacks Investment Research reports EVTC's forecasted earnings growth in 2017 as -1.97%, compared to an industry average of 8.8%. For more information on the declaration, record and payment dates, visit the EVTC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to EVTC through an Exchange Traded Fund [ETF]? The following ETF(s) have EVTC as a top-10 holding: First Trust Small Cap Growth AlphaDEX Fund ( FYC ). The top-performing ETF of this group is FYC with an increase of 9.45% over the last 100 days. It also has the highest percent weighting of EVTC at 0.38%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-08-03,101.471,101.61,99.065,99.7556,"[""Morgan Stanley Downgrades Automatic Data Processing to Underweight"", ""The Market In 5 Minutes"", ""Benzinga's Top Upgrades, Downgrades For August 3, 2017"", ""Benzinga's Top Upgrades, Downgrades For August 3, 2017"", ""The Market In 5 Minutes"", ""Morgan Stanley Downgrades Automatic Data Processing to Underweight"", ""FVD, DUG: Big ETF Outflows Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the First Trust Value Line Dividend Index Fund ( FVD ), where 5,600,000 units were destroyed, or a 4.2% decrease week over week. Among the largest underlying components of FVD, in morning trading today Automatic Data Processing ( ADP ) is down about 3.1%, and Boeing Company ( BA ) is lower by about 0.6%. And on a percentage change basis, the ETF with the biggest outflow was the ProShares UltraShort Oil & Gas ( DUG ), which lost 149,892 of its units, representing a 19.5% decline in outstanding units compared to the week prior. VIDEO: FVD, DUG: Big ETF Outflows The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""All Eyes On Q2 Earnings And Jobless Claims Another big morning for Q2 earnings posts, with mostly positive results. We also see new Initial Jobless Claims numbers ahead of tomorrow's big non-farm payroll report and unemployment rate headline. After yesterday's ADP ADP private sector payroll report that was consistent with good news we've mostly been experiencing of late, expectations are for roughly 180K new jobs created. The unemployment rate last read was 4.4%. Initial Jobless Claims fell 5000 to 240K last week, as the previous week had been revised up 1000. Again we see results range-bound between 225K-250K week to week, with very few outliers, over the past year or more. The 4-week moving average is currently 241,750, down 2500 week over week. Continuing claims again remained below 2 million, at 1.968 million. And the Bank of England is taking steps to brace for its coming Brexit - the separation of Great Britain from the European Union, which was voted on last year (and cost Prime Minister David Cameron his job, pretty much) to the greater world's surprise. BOE Governor Mark Carney is quoted as having said, \""the assumption of a smooth transition to a new economic relationship with the EU will be tested.\"" As such, the Monetary Policy Committee will be keeping rates unchanged, and the BOE has lowered economic growth projections. The British Pound is down today. Ahead of the bell, medical insurance giant Aetna AET blasted past earnings estimates of $2.34 per share to post $3.42 ahead of this morning's open. This represents 46% growth year over year. Membership was actually down year over year by 1.6%, but revenues also easily topped forecasts: $15.50 billion versus $15.35 billion expected. Shares are up over 4% in the pre-market. Yum! Brands YUM beat projections on both top and bottom lines this morning, posting 68 cents per share on sales of $1.45 billion in the quarter. The Zacks consensus had been looking for 61 cents per share and $1.41 billion in revenues, respectively. Comps at both KFC and Taco Bell were up: 3% and 4%, respectively. Avon Products AVP , however, has faired badly ahead of this morning's open, down 10% in early trading on missed earnings and sales. A loss of 3 cents per share was lower than the gain of 5 cents expected, and revenues of $1.35 billion failed to reach the $1.44 billion in our Zacks consenus. Further, CEO Sheri McCoy has announced she will be stepping down from her post. Reports are that board pressure is the main reason. Clorox CLX posted narrow beats on top and bottom lines this morning. Earnings of $1.53 per share and revenues of $1.65 billion outperformed the $1.49 per share and $1.64 billion we had been looking for. Earnings grew 21% year over year, and the company's fiscal year 2017 guidance was upped 9%. It's Clorox's third-straight earnings beat, as its Cleaning, Household, Lifestyle and International segments were all up in the quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Avon Products, Inc. (AVP): Free Stock Analysis Report Aetna Inc. (AET): Free Stock Analysis Report Yum! Brands, Inc. (YUM): Free Stock Analysis Report Clorox Company (The) (CLX): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""More Q2 Earnings Highlights, Plus New Jobless Claims Thursday, August 3rd, 2017 Another big morning for Q2 earnings posts, with mostly positive results. We also see new Initial Jobless Claims numbers ahead of tomorrow's big non-farm payroll report and unemployment rate headline. After yesterday's ADP ADP private sector payroll report that was consistent with good news we've mostly been experiencing of late, expectations are for roughly 180K new jobs created. The unemployment rate last read was 4.4%. Initial Jobless Claims fell 5000 to 240K last week, as the previous week had been revised up 1000. Again we see results range-bound between 225K-250K week to week, with very few outliers, over the past year or more. The 4-week moving average is currently 241,750, down 2500 week over week. Continuing claims again remained below 2 million, at 1.968 million. And the Bank of England is taking steps to brace for its coming Brexit - the separation of Great Britain from the European Union, which was voted on last year (and cost Prime Minister David Cameron his job, pretty much) to the greater world's surprise. BOE Governor Mark Carney is quoted as having said, \""the assumption of a smooth transition to a new economic relationship with the EU will be tested.\"" As such, the Monetary Policy Committee will be keeping rates unchanged, and the BOE has lowered economic growth projections. The British Pound is down today. Ahead of the bell, medical insurance giant Aetna AET blasted past earnings estimates of $2.34 per share to post $3.42 ahead of this morning's open. This represents 46% growth year over year. Membership was actually down year over year by 1.6%, but revenues also easily topped forecasts: $15.50 billion versus $15.35 billion expected. Shares are up over 4% in the pre-market. Yum! Brands YUM beat projections on both top and bottom lines this morning, posting 68 cents per share on sales of $1.45 billion in the quarter. The Zacks consensus had been looking for 61 cents per share and $1.41 billion in revenues, respectively. Comps at both KFC and Taco Bell were up: 3% and 4%, respectively. Avon Products AVP , however, has faired badly ahead of this morning's open, down 10% in early trading on missed earnings and sales. A loss of 3 cents per share was lower than the gain of 5 cents expected, and revenues of $1.35 billion failed to reach the $1.44 billion in our Zacks consenus. Further, CEO Sheri McCoy has announced she will be stepping down from her post. Reports are that board pressure is the main reason. Clorox CLX posted narrow beats on top and bottom lines this morning. Earnings of $1.53 per share and revenues of $1.65 billion outperformed the $1.49 per share and $1.64 billion we had been looking for. Earnings grew 21% year over year, and the company's fiscal year 2017 guidance was upped 9%. It's Clorox's third-straight earnings beat, as its Cleaning, Household, Lifestyle and International segments were all up in the quarter. Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Avon Products, Inc. (AVP): Free Stock Analysis Report Aetna Inc. (AET): Free Stock Analysis Report Yum! Brands, Inc. (YUM): Free Stock Analysis Report Clorox Company (The) (CLX): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing (ADP) Shares Cross 2% Yield Mark Looking at the universe of stocks we cover at Dividend Channel , in trading on Thursday, shares of Automatic Data Processing Inc. (Symbol: ADP) were yielding above the 2% mark based on its quarterly dividend (annualized to $2.28), with the stock changing hands as low as $111.00 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF ( SPY ) back on 12/31/1999 - you would have paid $146.88 per share. Fast forward to 12/31/2012 and each share was worth $142.41 on that date, a decrease of $4.67/share over all those years. But now consider that you collected a whopping $25.98 per share in dividends over the same period, for a positive total return of 23.36%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.6%; so by comparison collecting a yield above 2% would appear considerably attractive if that yield is sustainable. Automatic Data Processing Inc. (Symbol: ADP) is an S&P 500 company, giving it special status as one of the large-cap companies making up the S&P 500 Index. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Automatic Data Processing Inc., looking at the history chart for ADP below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 2% annual yield. According to the ETF Finder at ETF Channel, ADP makes up 2.57% of the SPDR Morgan Stanley Technology ETF (Symbol: MTK) which is trading up by about 0.3% on the day Thursday. ADP has been growing its dividend for more than 20 years consecutively. For more dividend growth stocks view our Dividend Aristocrats List on Dividend Channel. Click here to find out which 9 other dividend stocks just recently went on sale \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Benzinga's Top Upgrades, Downgrades For August 3, 2017"", ""The Market In 5 Minutes"", ""Morgan Stanley Downgrades Automatic Data Processing to Underweight"", ""ADP: Ackman Vs Short Sellers\u2026Who\u2019s Right? Despite recent reports that hedge fund titan Bill Ackman has taken a position in Automatic Data Processing, short interst in the stock hit a historical high yesterday.""]" ADP,2017-08-04,101.303,101.64,98.2366,99.4196,"[""ADP Reports Pershing Square Is Seeking Control Of Co."", ""UPDATE: ADP Says Co. 'Informed By Pershing That It Wants Five Seats on 10-Member Board and CEO Change; ADP Board Rejects Pershing's Request to Extend Director Nomination Deadline'"", ""UPDATE: ADP Says Bill Ackman's Pershing Owns 8% Of Co., Largely In Derivatives"", ""Baird Says Bill Ackman's Credibility At Risk With Bid To Replace ADP CEO"", ""CNBC Now Tweets: Exclusive: Ackman tells CNBC Pershing owns 8% of $ADP, still buying as of this morning; not seeking to control co. cnbc.com"", ""Is Bill Ackman's Involvement In ADP A 'Buy The Rumor, Sell The News' Moment?"", ""In PR Obtained By Benzinga, Pershing Square Reports Investment In ADP And Intends To File A Schedule 13D On Monday August 7th; Says They've Long Admired ADP's Business, But Sees Enormous Opportunity To Improve Operating Performance"", ""In PR Obtained By Benzinga, Pershing Square Reports Investment In ADP And Intends To File A Schedule 13D On Monday August 7th; Says They've Long Admired ADP's Business, But Sees Enormous Opportunity To Improve Operating Performance"", ""Is Bill Ackman's Involvement In ADP A 'Buy The Rumor, Sell The News' Moment?"", ""CNBC Now Tweets: Exclusive: Ackman tells CNBC Pershing owns 8% of $ADP, still buying as of this morning; not seeking to control co. cnbc.com"", ""Baird Says Bill Ackman's Credibility At Risk With Bid To Replace ADP CEO"", ""UPDATE: ADP Says Bill Ackman's Pershing Owns 8% Of Co., Largely In Derivatives"", ""UPDATE: ADP Says Co. 'Informed By Pershing That It Wants Five Seats on 10-Member Board and CEO Change; ADP Board Rejects Pershing's Request to Extend Director Nomination Deadline'"", ""ADP Reports Pershing Square Is Seeking Control Of Co."", ""Activist Investor Bill Ackman Sets His Sights On Automatic Data Processing (ADP) InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bill Ackman, an activists investor, is looking to take control of Automatic Data Processing (NASDAQ: ADP ). Source: Shutterstock The move was announced by Automatic Data Processing in a press release on Friday. According to the company, Bill Ackman is seeking an extension to its nomination period for members of its Board of Directors. Automatic Data Processing will be ending its nomination process for the board members on Aug. 10, 2017. Bill Ackman wants to extend that time period by 30 to 45 days. However, ADP has rejected his offer to do so. \""ADP is open to constructive input from our shareholders, and our Board respects the right of shareholders to nominate directors,\"" Automatic Data Processing said in a statement . \""However, ADP has a clearly defined Board nomination process, and the 2017 deadline for director nominations has been public for nearly a year.\"" Bill Ackman wants to extend the period of time for nominating board members so that he can put in nominations for his own people to join the Board of Directors. The CEO and founder of hedge fund Pershing Square Capital Management is planning to nominate five members. One of those nominations is for himself. ADP's board includes 10 people. The 10 Best Stocks to Buy for the Next Decade Bill Ackman isn't just looking to shake up Automatic Data Processing's Board of Directors. He has also openly called for the capital management company to replace CEO Carlos Rodriguez. Ackman make his pushes during ADP's 2017 annual meeting. Pershing has an 8% stake in ADP through derivatives. ADP stock was down slightly as of Friday morning, but is up 8% year-to-date. More From InvestorPlace 10 Small-Cap Stocks That Look Like Hidden Gems The 7 Highest-Rated Vanguard Mutual Funds 7 Explosive Healthcare Stocks to Buy Now As of this writing, William White did not hold a position in any of the aforementioned securities. The post Activist Investor Bill Ackman Sets His Sights On Automatic Data Processing (ADP) appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""In PR Obtained By Benzinga, Pershing Square Reports Investment In ADP And Intends To File A Schedule 13D On Monday August 7th; Says They've Long Admired ADP's Business, But Sees Enormous Opportunity To Improve Operating Performance"", ""Is Bill Ackman's Involvement In ADP A 'Buy The Rumor, Sell The News' Moment?"", ""CNBC Now Tweets: Exclusive: Ackman tells CNBC Pershing owns 8% of $ADP, still buying as of this morning; not seeking to control co. cnbc.com"", ""Baird Says Bill Ackman's Credibility At Risk With Bid To Replace ADP CEO"", ""UPDATE: ADP Says Bill Ackman's Pershing Owns 8% Of Co., Largely In Derivatives"", ""UPDATE: ADP Says Co. 'Informed By Pershing That It Wants Five Seats on 10-Member Board and CEO Change; ADP Board Rejects Pershing's Request to Extend Director Nomination Deadline'"", ""ADP Reports Pershing Square Is Seeking Control Of Co."", ""ADP's stock surges after activist Bill Ackman seeks to take control Shares of Automatic Data Processing Inc. rose 2.9% in premarket trade Friday, after the business consulting company disclosed that activist investor William Ackman's Pershing Square Capital Management is seeking to take control. ADP said Pershing, which owns 8% of the company's shares outstanding, is seeking to extend the deadline for nomination directors by up to 45 days, as Ackman would like to take five board seats. Ackman is also seeking a change of the chief executive officer. \""The Board has unanimously determined that it is not in the best interests of ADP or its other shareholders to accede to Pershing Square's last-minute request for an extension,\"" the company said in a statement. ADP said in the six years that Carlos Rodriquez has been CEO, ADP's total shareholder return (TSR) has been 202%, while the S&P 500's TSR has been 128% and Pershing's TSR has been 29%. Over the past year, ADP's stock has rallied 26.4% while the S&P 500 has gained 14%."", ""Why the beat-up dollar is poised for a \u2018rip-your-face-off rally\u2019 Critical information for the U.S. trading day Mueller? Mueller? That is one refrain today, in addition to the usual song and dance about \u201cjobs jobs jobs\u201d that comes with today\u2019s big employment report."", ""Ackman Takes Aim AT ADP; ADP Says \u201cNo\u201d Billionaire activist investor Bill Ackman wants to shakeup things up at Automatic Data Processing. ADP says, \""No thanks!\"" The stock is jumping."", ""3 Activist Scenarios For ADP If you're wondering what billionaire activist Bill Ackman plans to do with ADP, these analysts outline three possible scenarios, and aggressive margin expansion tops the list.""]" ADP,2017-08-07,99.5387,101.737,99.1143,100.1,"[""Leon Cooperman on CNBC Says He Doesn't Believe ADP Is 'Cheap' At These Levels, But It's A Wonderful Company"", ""Leon Cooperman Sees Ackman's Behavior As 'Foolish'"", ""Activists Gonna Activate: Hedge Funds Send Letters To Acorda, Taubman Centers Boards"", ""ADP Shares Make Very Brief Spike To Session Highs, Quickly Pare Gains Following Report Ackman's Pershing Square Will Nominate 3 People To Co. Board"", ""ADP Issues Comment On Pershing Square Board Nominations"", ""UPDATE: ADP Says Will Evaluate Ackman's Nominees"", ""UPDATE: ADP Says Will Evaluate Ackman's Nominees"", ""ADP Issues Comment On Pershing Square Board Nominations"", ""ADP Shares Make Very Brief Spike To Session Highs, Quickly Pare Gains Following Report Ackman's Pershing Square Will Nominate 3 People To Co. Board"", ""Activists Gonna Activate: Hedge Funds Send Letters To Acorda, Taubman Centers Boards"", ""Leon Cooperman Sees Ackman's Behavior As 'Foolish'"", ""Leon Cooperman on CNBC Says He Doesn't Believe ADP Is 'Cheap' At These Levels, But It's A Wonderful Company"", ""UPDATE: ADP Says Will Evaluate Ackman's Nominees"", ""ADP Issues Comment On Pershing Square Board Nominations"", ""ADP Shares Make Very Brief Spike To Session Highs, Quickly Pare Gains Following Report Ackman's Pershing Square Will Nominate 3 People To Co. Board"", ""Activists Gonna Activate: Hedge Funds Send Letters To Acorda, Taubman Centers Boards"", ""Leon Cooperman Sees Ackman's Behavior As 'Foolish'"", ""Leon Cooperman on CNBC Says He Doesn't Believe ADP Is 'Cheap' At These Levels, But It's A Wonderful Company""]" ADP,2017-08-08,100.12,100.455,96.4584,96.8549,"[""The Market In 5 Minutes"", ""Here's What Likely Drew Bill Ackman To Invest In ADP"", ""Here's What Likely Drew Bill Ackman To Invest In ADP"", ""The Market In 5 Minutes"", ""What's in the Offing for Paylocity (PCTY) in Q4 Earnings? Paylocity Holding CorporationPCTY is set to report fourth-quarter 2017 results on Aug 10. Last quarter, the company posted a positive earnings surprise of 133.3%. Let's see how things are shaping prior to this announcement. Factors at Play Paylocity's both top and bottom-lines for the third quarter increased year over year. The company also raised fiscal 2017 guidance. We remain positive about Paylocity's regular investments in SaaS technology. Notably in the last few quarters, clients switching from traditional payroll service providers to the company's SaaS-based services generated a significant portion of its revenues. Therefore, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the company's top-line in the long run. Such initiatives are also likely to have positive impact on forthcoming results. Furthermore, higher adoption of Paylocity's ACA dashboard application, which specializes in tracking employee count, employee status and health care plan affordability, will act as a tailwind. However, competition in the payroll processing sector from new entrants as well as existing players such as Automatic Data Processing, Inc. ADP , Oracle Corporation and SAP SE remain major headwinds. Paylocity Holding Corporation Price and EPS Surprise Paylocity Holding Corporation Price and EPS Surprise | Paylocity Holding Corporation Quote Earnings Whispers Our proven model does not conclusively show that Paylocity will beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below. Zacks ESP: Paylocity ESP is 0.00% since both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at a loss of 10 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank: Paylocity's Zacks Rank #3 when combined with a 0.00% ESP makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is witnessing negative estimate revisions. Stocks to Consider Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter: CACI International, Inc. CACI , with an Earnings ESP of +1.83% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here. Broadcom Limited AVGO , with an Earnings ESP of +2.57% and a Zacks Rank #2. Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paylocity Holding Corporation (PCTY): Free Stock Analysis Report CACI International, Inc. (CACI): Free Stock Analysis Report Broadcom Limited (AVGO): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Validea Warren Buffett Strategy Daily Upgrade Report - 8/8/2017 The following are today's upgrades for Validea's Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. AUTOMATIC DATA PROCESSING ( ADP ) is a large-cap growth stock in the Business Services industry. The rating according to our strategy based on Warren Buffett changed from 72% to 79% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here Since its inception, Validea's strategy based on Warren Buffett has returned 164.67% vs. 133.72% for the S&P 500. For more details on this strategy, click here About Warren Buffett : Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. About Validea : Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Here's What Likely Drew Bill Ackman To Invest In ADP"", ""The Market In 5 Minutes""]" ADP,2017-08-09,97.1271,98.2463,96.4486,97.8765,"[""After Hours Most Active for Aug 9, 2017 : VG, ABEV, GGB, T, COR, QQQ, BRCD, MOMO, ODP, ADP, NEE, GILD The NASDAQ 100 After Hours Indicator is up .84 to 5,920.23. The total After hours volume is currently 45,114,098 shares traded. The following are the most active stocks for the after hours session : Vonage Holdings Corp. ( VG ) is unchanged at $8.42, with 5,686,529 shares traded. As reported by Zacks, the current mean recommendation for VG is in the \""buy range\"". Ambev S.A. ( ABEV ) is unchanged at $6.12, with 5,657,158 shares traded. ABEV's current last sale is 99.51% of the target price of $6.15. Gerdau S.A. ( GGB ) is -0.01 at $3.54, with 4,128,226 shares traded. RTT News Reports: Dow Sets New Record Closing High For Ninth Straight Session - U.S. Commentary AT&T Inc. ( T ) is unchanged at $38.36, with 3,275,663 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $0.76. T's current last sale is 90.64% of the target price of $42.32. CoreSite Realty Corporation ( COR ) is unchanged at $106.27, with 1,801,431 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2017. The consensus EPS forecast is $1.14. COR's current last sale is 100.25% of the target price of $106. PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.16 at $144.28, with 1,791,207 shares traded. This represents a 27.17% increase from its 52 Week Low. Brocade Communications Systems, Inc. ( BRCD ) is +0.03 at $12.08, with 1,673,268 shares traded. BRCD's current last sale is 94.75% of the target price of $12.75. Momo Inc. ( MOMO ) is +0.14 at $45.49, with 1,667,411 shares traded. As reported by Zacks, the current mean recommendation for MOMO is in the \""buy range\"". Office Depot, Inc. ( ODP ) is unchanged at $4.53, with 1,386,355 shares traded. Seeking Alpha Reports: Office Depot Inc. 2017 Q2 - Results - Earnings Call Slides Automatic Data Processing, Inc. ( ADP ) is unchanged at $109.66, with 1,307,225 shares traded. ADP's current last sale is 107.51% of the target price of $102. NextEra Energy, Inc. ( NEE ) is unchanged at $147.24, with 1,282,149 shares traded. As reported by Zacks, the current mean recommendation for NEE is in the \""buy range\"". Gilead Sciences, Inc. ( GILD ) is -0.3 at $73.60, with 1,184,698 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $2.07. GILD's current last sale is 88.67% of the target price of $83. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Long Road Investment Counsel, LLC Buys Broadridge Financial Solutions Inc, Cheesecake Factory ... Long Road Investment Counsel, LLC New Purchases: BR , KNX , VSM , Added Positions:CAKE, MDY, Reduced Positions:ORLY, JPM, XOM, SBUX, INTU, For the details of Long Road Investment Counsel, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Long+Road+Investment+Counsel%2C+LLC These are the top 5 holdings of Long Road Investment Counsel, LLC Illinois Tool Works Inc ( ITW ) - 49,428 shares, 5.22% of the total portfolio. Shares reduced by 0.1% Stryker Corp ( SYK ) - 48,410 shares, 4.96% of the total portfolio. O'Reilly Automotive Inc ( ORLY ) - 28,417 shares, 4.59% of the total portfolio. Shares reduced by 28.54% The Estee Lauder Companies Inc ( EL ) - 62,850 shares, 4.45% of the total portfolio. Shares reduced by 0.08% Automatic Data Processing Inc ( ADP ) - 57,550 shares, 4.35% of the total portfolio. Shares reduced by 0.17% New Purchase: Broadridge Financial Solutions Inc (BR) Long Road Investment Counsel, LLC initiated holdings in Broadridge Financial Solutions Inc. The purchase prices were between $66.66 and $77.65, with an estimated average price of $72.06. The stock is now traded at around $74.46. The impact to the portfolio due to this purchase was 0.95%. The holdings were 17,075 shares as of 2017-06-30. New Purchase: Knight Transportation Inc (KNX) Long Road Investment Counsel, LLC initiated holdings in Knight Transportation Inc. The purchase prices were between $30.4 and $37.4, with an estimated average price of $33.79. The stock is now traded at around $37.23. The impact to the portfolio due to this purchase was 0.17%. The holdings were 6,175 shares as of 2017-06-30. New Purchase: Versum Materials Inc (VSM) Long Road Investment Counsel, LLC initiated holdings in Versum Materials Inc. The purchase prices were between $28.91 and $33.65, with an estimated average price of $31.18. The stock is now traded at around $35.49. The impact to the portfolio due to this purchase was 0.15%. The holdings were 6,305 shares as of 2017-06-30. Added: Cheesecake Factory Inc (CAKE) Long Road Investment Counsel, LLC added to the holdings in Cheesecake Factory Inc by 35.21%. The purchase prices were between $49.76 and $67.09, with an estimated average price of $59.23. The stock is now traded at around $44.79. The impact to the portfolio due to this purchase was 0.46%. The holdings were 47,079 shares as of 2017-06-30. CAKE 15-Year Financial Data The intrinsic value of CAKE Peter Lynch Chart of CAKE Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Here's Why Acadia Pharmaceuticals Inc. Is Soaring Today What happened In response to Acadia Pharmaceuticals (NASDAQ: ACAD) reporting blow-out earnings and sharing upbeat guidance, shares of the commercial-stage biopharma, which focuses on diseases of the central nervous system, were trading 13.9% higher as of 1:35 p.m. EDT on Wednesday. So what Here's a review of the key financial numbers from the second quarter: Revenue from sales of the company's Parkinson's disease psychosis (PDP) drug Nuplazid totaled $30.5 million -- far ahead of the $19.6 million that Wall Street had expected. However, it should be noted that the figure included a one-time benefit of $3.6 million because the company transitioned its revenue recognition method of accounting to the sell-in method. Net loss was $67.4 million, or $0.55 per share -- far lower than $0.71 loss that market watchers had anticipated. Acadia's cash balance at quarter end was $417 million. Management guided for full-year sales of Nuplazid to land between $105 million and $115 million. The midpoint of this range is far ahead of the $94 million in revenue that Wall Street had projected. Acadia also shared a few non-financial highlights from the quarter with investors: The company held an end-of-phase-2 meeting with the FDA related to its Alzheimer's disease psychosis program. Management says that the meeting went well, and that a phase 3 study will kick off in the next few months. 25 new sales reps were deployed to expand the company's focus on the long-term care market. The company now has more than 150 total sales reps deployed in the field. Given the better-than-expected Q2 results, upbeat guidance, and positive meeting with the FDA, it is easy to understand why shares are rising today. Now what Acadia's Q2 results continue to support the idea that Nuplazid is off to a fast start. That's great news for investors, and illustrates the benefits of entering a market where there is no competition in sight . Looking ahead, Acadia will be presenting data from its phase 2 Alzheimer's disease psychosis (ADP) trial at a medical conference in November. Since ADP represents a larger market opportunity for Nupalzid than PDP, it remains a must-watch program for shareholders. Beyond that, Acadia's report shows it's having success at moving its clinical pipeline forward. Long-term shareholders have plenty of reasons to remain optimistic about this company's future. 10 stocks we like better than Acadia Pharmaceuticals When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Acadia Pharmaceuticals wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 1, 2017 Brian Feroldi has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-08-10,97.0975,98.0245,96.2927,97.1852,"[""ADP Shares Largely Unaffected As Co.'s CEO Currently On CNBC Discussing Bill Ackman, Saying 'He Does Not Know What He's Talking About'; Stock Down 0.7% For Session"", ""Seeing Notable Block Trade In Chesapeake Energy of 1.9M Shares At $4.23"", ""Seeing Notable Block Trade In Chesapeake Energy of 1.9M Shares At $4.23"", ""ADP Shares Largely Unaffected As Co.'s CEO Currently On CNBC Discussing Bill Ackman, Saying 'He Does Not Know What He's Talking About'; Stock Down 0.7% For Session"", ""Seeing Notable Block Trade In Chesapeake Energy of 1.9M Shares At $4.23"", ""ADP Shares Largely Unaffected As Co.'s CEO Currently On CNBC Discussing Bill Ackman, Saying 'He Does Not Know What He's Talking About'; Stock Down 0.7% For Session"", ""S&P 500 sells off to the 2,450 breakout point, Nasdaq ventures under 50-day average Focus: Gold clears one-year downtrend amid breakout attempt, GLD, FNV, ADP, DATA, XRX U.S. stocks are firmly lower early Thursday, pressured amid still rising geopolitical tensions. In the process, the S&P 500 has reached its first notable support \u2014 the 2,453 breakout point \u2014 while the Nasdaq Composite has ventured under the 50-day moving average, currently 6,272. Headline technical tests remain underway, and Thursday\u2019s close should add color.""]" ADP,2017-08-11,97.0876,97.8962,96.5748,97.0975,"Paylocity (PCTY) Q2 Loss Narrower than Expected, Revenues Top Paylocity Holding CorporationPCTY reported fourth-quarter fiscal 2017 adjusted loss of 6 cents per share which was narrower than the Zacks Consensus Estimate loss of 10 cents per share. Non-GAAP earnings during the quarter came in at 9 cents per share compared with a loss of 1 cent reported in the year-ago quarter. Quarter Details The company's revenues came in at $76.1 million, reflecting an increase of 27% year over year, and also beat the Zacks Consensus Estimate of $74 million. The year-over-over increase was driven by new client addition, existing client growth and additions to HCM product suite. The top line was also backed by a 27% surge in recurring revenues (96% of total revenue) and a 30.6% increase in implementation and other revenues. The company's non-GAAP gross profit came in at $47.1 million, up 32.5% year over year. Non-GAAP gross margin expanded 240 basis points (bps) year over year to 61.9%, primarily due to higher revenue base. Paylocity reported non-GAAP operating income of $5.5 million as compared with a loss of 21k reported in the year-ago quarter. Non-GAAP operating margin during the quarter came in at 7.2%. Non-GAAP operating expenses are pegged at $41.9 million, up 14.5% year over year. As a percentage of revenues non-GAAP operating expenses contracted 600 bps year over year to 55.2%. Consequently, non-GAAP net income during the quarter was $5.1 million compared with a loss of $0.393 million reported in the year-ago period. Paylocity exited the quarter with cash and cash equivalents of $86.5 million compared with $101.5 million in the previous quarter. Receivables were $1.7 million compared with $2.2 million in the previous quarter. Paylocity has no long-term debt. The company generated $62 million of cash flow from operational activities during the 12 months ended Jun 30, 2016. Guidance The company provided outlook for the first quarter and fiscal 2018. For first-quarter fiscal 2018, Paylocity expects revenues in the range of $80.3-$81.3 million. The Zacks Consensus Estimate is pegged at $80.3 million. Adjusted EBITDA is projected in the band of $12-$13 million. Non-GAAP earnings per share are anticipated to be in the range of 10-12 cents. The Zacks Consensus Estimate is pegged at a loss of 2 cents. For fiscal 2018, Paylocity anticipates revenues in the range of $368-$370 million. The Zacks Consensus Estimate is pegged at $369.5 million. Adjusted EBITDA is projected in the range of $71-$72 million. Non-GAAP earnings per share are now expected within 78-80 cents. The Zacks Consensus Estimate stands at 31 cents. Share Price In the last one year, shares of Paylocity yielded a negative return of 4.8%, underperforming the industry , which gained 6.8%. Our Take Paylocity's both top line and bottom line for the fourth quarter increased year over year. The company also provided an encouraging guidance for the first quarter and fiscal 2018. We remain positive about Paylocity's regular investments in SaaS technology. Notably, in the last few quarters, clients moving from traditional payroll service providers to the company's SaaS-based services generated a significant portion of Paylocity's revenues. Consequently, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the top line in the long run. Such initiatives are also likely to have positive impact on its forthcoming results. Furthermore, higher adoption of Paylocity's ACA dashboard application, which specializes in tracking employee count, employee status and health care plan affordability, will act as a tailwind. However, competition in the payroll processing sector from new entrants as well as existing players such as Automatic Data Processing, Inc. ADP , Oracle Corporation ORCL and SAP SE SAP remain major headwinds. Currently, Paylocity carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paylocity Holding Corporation (PCTY): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report SAP SE (SAP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-08-14,97.5896,98.1123,97.1852,97.9062,"[""Earlier 13F From Bill Ackman's Pershing Square Showed New ~1.75M Share Stake In ADP, Liquidated Stake In Air Products, Increased Stake In Howard Hughes, Decreased Stake In Mondelez"", ""Notable Block Trade In ADP; 2M Shares At $109.69"", ""Notable Block Trade In ADP; 2M Shares At $109.69"", ""Earlier 13F From Bill Ackman's Pershing Square Showed New ~1.75M Share Stake In ADP, Liquidated Stake In Air Products, Increased Stake In Howard Hughes, Decreased Stake In Mondelez"", ""Notable ETF Inflow Detected - ACWV, ADP, ED, T Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol Global ETF (Symbol: ACWV) where we have detected an approximate $72.1 million dollar inflow -- that's a 2.0% increase week over week in outstanding units (from 44,200,000 to 45,100,000). Among the largest underlying components of ACWV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is up about 0.5%, Consolidated Edison Inc (Symbol: ED) is up about 0.1%, and AT&T Inc (Symbol: T) is higher by about 0.8%. For a complete list of holdings, visit the ACWV Holdings page \u00bb The chart below shows the one year price performance of ACWV, versus its 200 day moving average: Looking at the chart above, ACWV's low point in its 52 week range is $71.80 per share, with $81.20 as the 52 week high point - that compares with a last trade of $80.59. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for August 15, 2017 Computer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on August 15, 2017. A cash dividend payment of $0.3 per share is scheduled to be paid on September 01, 2017. Shareholders who purchased CPSI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 50% increase over prior dividend payment. At the current stock price of $29.7, the dividend yield is 4.04%. The previous trading day's last sale of CPSI was $29.7, representing a -17.85% decrease from the 52 week high of $36.15 and a 62.74% increase over the 52 week low of $18.25. CPSI is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). CPSI's current earnings per share, an indicator of a company's profitability, is $.4. Zacks Investment Research reports CPSI's forecasted earnings growth in 2017 as -3.62%, compared to an industry average of 3.2%. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Aug 14, 2017 : GE, RIG, INTC, CMCSA, FCX, FDC, CC, T, ADP, MSFT, QQQ, CAR The NASDAQ 100 After Hours Indicator is up 1.01 to 5,832.54. The total After hours volume is currently 55,450,919 shares traded. The following are the most active stocks for the after hours session : General Electric Company ( GE ) is -0.06 at $25.30, with 2,935,820 shares traded. GE's current last sale is 90.36% of the target price of $28. Transocean Ltd. ( RIG ) is unchanged at $8.39, with 1,982,061 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $-0.08. RIG's current last sale is 83.9% of the target price of $10. Intel Corporation ( INTC ) is +0.04 at $36.38, with 1,909,716 shares traded. Over the last four weeks they have had 12 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $0.8. INTC's current last sale is 87.66% of the target price of $41.5. Comcast Corporation ( CMCSA ) is unchanged at $41.90, with 1,832,583 shares traded. Over the last four weeks they have had 9 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $0.49. As reported by Zacks, the current mean recommendation for CMCSA is in the \""buy range\"". Freeport-McMoran, Inc. ( FCX ) is +0.05 at $14.20, with 1,727,488 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Mar 2018. The consensus EPS forecast is $0.38. FCX's current last sale is 109.23% of the target price of $13. First Data Corporation ( FDC ) is -0.01 at $17.66, with 1,569,246 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Dec 2017. The consensus EPS forecast is $0.4. As reported by Zacks, the current mean recommendation for FDC is in the \""buy range\"". Chemours Company (The) ( CC ) is -0.4492 at $46.64, with 1,534,438 shares traded. As reported by Zacks, the current mean recommendation for CC is in the \""buy range\"". AT&T Inc. ( T ) is unchanged at $38.50, with 1,354,793 shares traded. Over the last four weeks they have had 7 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $0.76. T's current last sale is 90.97% of the target price of $42.32. Automatic Data Processing, Inc. ( ADP ) is unchanged at $109.69, with 1,197,984 shares traded. ADP's current last sale is 107.54% of the target price of $102. Microsoft Corporation ( MSFT ) is -0.05 at $73.54, with 1,161,425 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $0.77. As reported by Zacks, the current mean recommendation for MSFT is in the \""buy range\"". PowerShares QQQ Trust, Series 1 ( QQQ ) is +0.1 at $144.03, with 1,149,959 shares traded. This represents a 26.95% increase from its 52 Week Low. Avis Budget Group, Inc. ( CAR ) is -0.09 at $34.85, with 1,068,302 shares traded. As reported in the last short interest update the days to cover for CAR is 13.221058; this calculation is based on the average trading volume of the stock. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Notable Block Trade In ADP; 2M Shares At $109.69"", ""Earlier 13F From Bill Ackman's Pershing Square Showed New ~1.75M Share Stake In ADP, Liquidated Stake In Air Products, Increased Stake In Howard Hughes, Decreased Stake In Mondelez""]" ADP,2017-08-15,98.1675,99.7556,97.6704,99.6074,"[""The Turnaround Letter Takes A Look At Activist Investors By George Putnam : Activist investors are fund managers that typically buy a 1-9% stake in public companies with plans to increase the share price by actively changing the company's strategy. Three traits generally attract these investors: low share valuation, sub-par profit margins and under-utilized assets. While some activists rely on attention-getting media splashes, the more effective ones work quietly behind the scenes with management and the board of directors to improve the company's operations (perhaps by cutting costs or closing or selling off weaker lines of business) and capital allocation (perhaps by redirecting capital spending or repurchasing shares). Compared to yesteryear's corporate raiders who often benefited at the expense of other shareholders, today's activists generally seek to raise the stock price for the benefit of all shareholders. Activists leverage their ownership by appealing to other investors, including mutual funds, pension plans, hedge funds and even index funds and ETFs. With this kind of power, no company is too large to be immune: Microsoft's ( MSFT ) $270 billion market cap didn't prevent Value Act from winning a board seat in 2013 and driving the removal of longtime CEO Steve Ballmer. Activists' ability to exert dramatic change similarly can't be ignored: In 2014, Starboard Value gained enough support to replace the entire board of directors at restaurant giant Darden ( DRI ) - an almost unheard-of display of influence. Darden's shares surged 50% in the months following the coup. Global food giant Nestle ( NSRGY ) (market cap of $260 billion) is currently under pressure from Third Point Capital. Not all activist campaigns are successful - and companies have become much more adept at defending themselves. This past June, noted activist Greenlight Capital, led by the colorful and respected David Einhorn, was firmly defeated in a shareholder vote on his proposal to split General Motors' ( GM ) stock and replace three board members. And Bill Ackman, head of Pershing Square Capital, received a blunt rejection this week from his most recent target, Automatic Data Processing ( ADP ), when its CEO publicly called him \""a spoiled brat.\"" It seems highly unlikely that ADP and its shareholders will pay much attention to Ackman's demands. Even the respected and feared activist Elliott Management lost a bid in April to restructure Asian tech giant Samsung (SSNLF). Similarly, not all activists are credible. Some are simply ineffective while others operate outside the bounds of even a hint of reasonable ethics. Individually, these kinds of firms tend to lose their businesses over time, but as a group, they will likely always be a part of the financial markets. Investors and companies are rightfully wary of any involvement with these activists. In the grand scheme of the financial markets, what role do activists play? Are they merely shameless predators (curiously, the respected data provider FactSet labels its activist database \""Shark Repellant\"")? Some market participants would say \""absolutely.\"" However, activists also help bridge the gap between public and private equity markets. Perhaps the biggest problem with public companies is the agency issue - the people who run the company are just agents who are supposed to work for shareholders. Managements, though, have strong incentives (compensation, perks, prestige) to do what is best for themselves or to do what is easiest. Private equity-backed companies generally minimize this problem by closely linking management and ownership. Activists mimic this closer linkage by unifying public shareholders in an effort to more tightly hold managements accountable. An emerging role for activists: In an era when investors increasingly favor passive investing, which by definition does nothing to hold managements accountable, activist investors help restore the link between share prices and underlying company results. Ironically, index fund managers are warming up to the merits of corporate activism. A recent Wall Street Journal analysis indicates their growing power: Passive mutual funds and ETFs collectively own 10% of the equity in 458 members of the S&P 500. State Street Global Advisors has recently used its role as manager of its $2.4 trillion (assets) ETF business to press companies to improve the gender diversity of their boards of directors. ETF giants BlackRock and Vanguard similarly have become more actively involved in guiding the fate of public companies. Maybe the previously defenseless ETFs are transforming into sharks themselves. See also Lack Of Cobalt Could Be A Chokepoint For Tesla on seekingalpha.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Equifax (EFX) Completes ID Watchdog Acquisition for $63M Equifax Inc.EFX recently completed the acquisition of ID Watchdog in an all-cash deal. The company had entered into a definitive agreement to acquire ID Watchdog on Jun 16, 2017. Per the agreement, Equifax will pay approximately $63 million in cash, which translates to nearly 40 cents per share, to acquire all outstanding shares of ID Watchdog. The buyout is aimed to provide a boost to Equifax's capabilities to serve customers better. Founded in 2005, ID Watchdog is one of the leading providers of identity theft protection and resolution services to the Employee Benefits marketplace. The acquisition is anticipated to further strengthen Equifax's identity theft protection services and fortify its presence in the employee benefits space. According to Dann Adams, President of Global Consumer Solutions at Equifax, \""\""We are excited to have ID Watchdog's industry leading products become an important part of our organization.\"" Adams further added, \""Merging our Identity solutions and industry relationships will significantly increase the access, range, and depth of our employee benefits solutions.\"" Equifax is the world's largest data management company which organizes and assimilates data related to more than 820 million customers, and 91 million businesses globally. The company has made strategic acquisitions to supplement its core business. In 2014, the company acquired TDX Group and Forseva, while it closed the Veda Group Limited buyout in first-quarter 2016. We believe that management's efforts, such as strategic initiatives for product innovation, expansion of data assets through acquisitions and continuous share gains in North America, should act as tailwinds. Moreover, the company's strong correlation with the consumer and financial markets, as well as exposure in the U.S. and Europe are likely to propel growth, moving ahead. However, we foresee the company's investments in new initiatives to weigh on its upcoming quarterly earnings. Additionally, uncertainty surrounding IT spending and the strengthening U.S. dollar remain concerns. Moreover, increasing competition from the likes of Fiserv FISV , Automatic Data Processing Inc ADP and Total System Services TSS are other factors likely to affect earnings in the near term. Zacks' 10-Minute Stock-Picking Secret Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars. But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month. Learn the secret >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equifax, Inc. (EFX): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Total System Services, Inc. (TSS): Free Stock Analysis Report Fiserv, Inc. (FISV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-08-16,99.7855,99.8532,98.6508,99.1739,"[""Pershing Square Announces Webcast Describing The Results Of Its Extensive Research On ADP For Aug. 17th 9 a.m. EDT"", ""ADP Shares Quiet, Not Reacting Strongly Following Press Release From Pershing Square Tues. Afternoon Highlighting Launch Of 'www.ADPascending.com,' Webcast Thurs., Aug. 17 at 9 a.m. EDT To Address Questions Related To Co."", ""ADP Shares Quiet, Not Reacting Strongly Following Press Release From Pershing Square Tues. Afternoon Highlighting Launch Of 'www.ADPascending.com,' Webcast Thurs., Aug. 17 at 9 a.m. EDT To Address Questions Related To Co."", ""Pershing Square Announces Webcast Describing The Results Of Its Extensive Research On ADP For Aug. 17th 9 a.m. EDT"", ""Nasdaq 100 Movers: AMZN, NTES In early trading on Wednesday, shares of NetEase ( NTES ) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 2.6%. Year to date, NetEase registers a 31.5% gain. And the worst performing Nasdaq 100 component thus far on the day is Amazon.com ( AMZN ), trading down 0.9%. Amazon.com is showing a gain of 29.9% looking at the year to date performance. Two other components making moves today are Automatic Data Processing ( ADP ), trading down 0.9%, and Mylan ( MYL ), trading up 1.7% on the day. VIDEO: Nasdaq 100 Movers: AMZN, NTES The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSP Inc. (CSPI) Ex-Dividend Date Scheduled for August 17, 2017 CSP Inc. ( CSPI ) will begin trading ex-dividend on August 17, 2017. A cash dividend payment of $0.11 per share is scheduled to be paid on September 05, 2017. Shareholders who purchased CSPI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that CSPI has paid the same dividend. At the current stock price of $10.42, the dividend yield is 4.22%. The previous trading day's last sale of CSPI was $10.42, representing a -12.79% decrease from the 52 week high of $11.95 and a 32.08% increase over the 52 week low of $7.89. CSPI is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). CSPI's current earnings per share, an indicator of a company's profitability, is $.41. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Shares Quiet, Not Reacting Strongly Following Press Release From Pershing Square Tues. Afternoon Highlighting Launch Of 'www.ADPascending.com,' Webcast Thurs., Aug. 17 at 9 a.m. EDT To Address Questions Related To Co."", ""Pershing Square Announces Webcast Describing The Results Of Its Extensive Research On ADP For Aug. 17th 9 a.m. EDT""]" ADP,2017-08-17,98.7888,99.0157,93.3736,93.4209,"[""ADP Shares Quiet In Pre-Market Action, Down ~0.1%, As Bill Ackman Currently Discussing Co./Stock On Pershing Square Webcast"", ""ADP Shares Fall ~$1.50 In Early Trade, Touch Low At $109.57; Stock Down ~1% For Session; Pershing Square Currently Hosting Webcast To Discuss Thesis On Co./Stock"", ""From Pershing Square Webcast On ADP: Co. Appears To Be Losing A Material Amount Of Clients In Enterprise HCM"", ""ADP Shares Continue Lower As Broad Stock Market Moving Higher Over Last Few Mins; On Currently-Ongoing Pershing Webcast, Fund Highlighted Co. Is Spending Too Much On R&D Without The Output To Show"", ""5 Biggest Price Target Changes For Thursday"", ""ADP Shares Now Near Session Lows, Down ~1.8% For Session As Pershing Square Webcast Continues"", ""ADP Shares Unaffected As Traders Circulating Word Chapman Capital's Bob Chapman Has Said He Is Shorting ADP"", ""Downside In ADP Shares Has Stabilized Around $107.90 Level, Down ~2.9% For Session; Pershing Square Webcast Ongoing"", ""ADP Shares At Session Lows, Down 3.9% As Pershing Square Webcast Goes To Break; Q&A Section Will Be After Break"", ""ADP Shares Not Reacting As, On Pershing Square Webcast, Bill Ackman Says 'It's Very Likely Changes To ADP...Will Require A New CEO'"", ""Robert Chapman Of Chapman Capital Is Talking About His Current Short Position In ADP"", ""ADP Issues Release Commenting On Pershing Square Presentation"", ""UPDATE: ADP Says 'we strongly disagree with many of the assertions made by Mr. Ackman in today's presentation, which betrays a fundamental lack of understanding of the current state of ADP's business and strategy.'"", ""UPDATE: ADP Says 'We are accelerating investments in R&D to provide best-in-class cloud-based HCM solutions, migrating numerous customers to our strategic platforms, streamlining operations, rationalizing our footprint...'"", ""UPDATE: ADP Responds To Pershing, Says '[Ackman] presented nothing that has not previously been analyzed by the Board and management.'"", ""Live At 4 p.m. EDT, Benzinga Will Be Discussing The Battle Forming In ADP: Bill Ackman On The Long Side And Bob Chapman On The Short Side; Register For The Free Webinar In The Body Of This Headline!"", ""Live At 4 p.m. EDT, Benzinga Will Be Discussing The Battle Forming In ADP: Bill Ackman On The Long Side And Bob Chapman On The Short Side; Register For The Free Webinar In The Body Of This Headline!"", ""UPDATE: ADP Says 'We are accelerating investments in R&D to provide best-in-class cloud-based HCM solutions, migrating numerous customers to our strategic platforms, streamlining operations, rationalizing our footprint...'"", ""UPDATE: ADP Responds To Pershing, Says '[Ackman] presented nothing that has not previously been analyzed by the Board and management.'"", ""UPDATE: ADP Says 'we strongly disagree with many of the assertions made by Mr. Ackman in today's presentation, which betrays a fundamental lack of understanding of the current state of ADP's business and strategy.'"", ""ADP Issues Release Commenting On Pershing Square Presentation"", ""Robert Chapman Of Chapman Capital Is Talking About His Current Short Position In ADP"", ""ADP Shares Not Reacting As, On Pershing Square Webcast, Bill Ackman Says 'It's Very Likely Changes To ADP...Will Require A New CEO'"", ""ADP Shares At Session Lows, Down 3.9% As Pershing Square Webcast Goes To Break; Q&A Section Will Be After Break"", ""Downside In ADP Shares Has Stabilized Around $107.90 Level, Down ~2.9% For Session; Pershing Square Webcast Ongoing"", ""ADP Shares Unaffected As Traders Circulating Word Chapman Capital's Bob Chapman Has Said He Is Shorting ADP"", ""ADP Shares Now Near Session Lows, Down ~1.8% For Session As Pershing Square Webcast Continues"", ""5 Biggest Price Target Changes For Thursday"", ""ADP Shares Continue Lower As Broad Stock Market Moving Higher Over Last Few Mins; On Currently-Ongoing Pershing Webcast, Fund Highlighted Co. Is Spending Too Much On R&D Without The Output To Show"", ""From Pershing Square Webcast On ADP: Co. Appears To Be Losing A Material Amount Of Clients In Enterprise HCM"", ""ADP Shares Fall ~$1.50 In Early Trade, Touch Low At $109.57; Stock Down ~1% For Session; Pershing Square Currently Hosting Webcast To Discuss Thesis On Co./Stock"", ""ADP Shares Quiet In Pre-Market Action, Down ~0.1%, As Bill Ackman Currently Discussing Co./Stock On Pershing Square Webcast"", ""Cognizant Technology Solutions Corporation (CTSH) Ex-Dividend Date Scheduled for August 18, 2017 Cognizant Technology Solutions Corporation ( CTSH ) will begin trading ex-dividend on August 18, 2017. A cash dividend payment of $0.15 per share is scheduled to be paid on August 31, 2017. Shareholders who purchased CTSH prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $72.06, the dividend yield is .83%. The previous trading day's last sale of CTSH was $72.06, representing a -0.01% decrease from the 52 week high of $72.07 and a 58.58% increase over the 52 week low of $45.44. CTSH is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). CTSH's current earnings per share, an indicator of a company's profitability, is $3.13. Zacks Investment Research reports CTSH's forecasted earnings growth in 2017 as 10.63%, compared to an industry average of 14.5%. For more information on the declaration, record and payment dates, visit the CTSH Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CTSH through an Exchange Traded Fund [ETF]? The following ETF(s) have CTSH as a top-10 holding: AdvisorShares Focused Equity ETF ( CWS ) SPDR S&P Software & Services ETF ( XSW ). The top-performing ETF of this group is XSW with an increase of 9.41% over the last 100 days. CWS has the highest percent weighting of CTSH at 4.39%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""After Hours Most Active for Aug 17, 2017 : QQQ, BAC, KR, M, VIPS, CSCO, ADP, T, LYB, ROST, MSFT, INFO The NASDAQ 100 After Hours Indicator is up 4.67 to 5,800.99. The total After hours volume is currently 42,687,244 shares traded. The following are the most active stocks for the after hours session : PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.16 at $141.17, with 3,482,842 shares traded. This represents a 24.43% increase from its 52 Week Low. Bank of America Corporation ( BAC ) is unchanged at $23.64, with 2,150,116 shares traded. Over the last four weeks they have had 5 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $0.47. As reported by Zacks, the current mean recommendation for BAC is in the \""buy range\"". Kroger Company (The) ( KR ) is -0.02 at $22.84, with 1,595,122 shares traded. KR's current last sale is 81.57% of the target price of $28. Macy's Inc ( M ) is +0.03 at $19.65, with 1,590,500 shares traded., following a 52-week high recorded in today's regular session. Vipshop Holdings Limited ( VIPS ) is +0.04 at $10.24, with 1,567,442 shares traded. VIPS's current last sale is 73.14% of the target price of $14. Cisco Systems, Inc. ( CSCO ) is -0.04 at $31.00, with 1,402,569 shares traded. As reported by Zacks, the current mean recommendation for CSCO is in the \""buy range\"". Automatic Data Processing, Inc. ( ADP ) is +0.01 at $104.69, with 1,264,320 shares traded. ADP's current last sale is 102.64% of the target price of $102. AT&T Inc. ( T ) is unchanged at $37.60, with 1,142,243 shares traded. Over the last four weeks they have had 8 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $0.76. T's current last sale is 91.7% of the target price of $41.005. LyondellBasell Industries NV ( LYB ) is unchanged at $86.23, with 1,140,072 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $2.57. LYB's current last sale is 91.25% of the target price of $94.5. Ross Stores, Inc. ( ROST ) is +5.42 at $58.75, with 1,051,143 shares traded. Market Realist Reports: The TJX Companies Proves Its Strength in Tough Retail Conditions Microsoft Corporation ( MSFT ) is -0.01 at $72.39, with 987,039 shares traded. Over the last four weeks they have had 4 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2017. The consensus EPS forecast is $0.76. As reported by Zacks, the current mean recommendation for MSFT is in the \""buy range\"". IHS Markit Ltd. ( INFO ) is unchanged at $46.22, with 969,545 shares traded. As reported in the last short interest update the days to cover for INFO is 8.966127; this calculation is based on the average trading volume of the stock. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Thursday Sector Laggards: Technology & Communications, Materials In afternoon trading on Thursday, Technology & Communications stocks are the worst performing sector, showing a 1.5% loss. Within that group, NetApp, Inc. (Symbol: NTAP) and Automatic Data Processing Inc. (Symbol: ADP) are two large stocks that are lagging, showing a loss of 6.3% and 4.9%, respectively. Among technology ETFs , one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is down 1.3% on the day, and up 19.80% year-to-date. NetApp, Inc., meanwhile, is up 14.29% year-to-date, and Automatic Data Processing Inc. is up 3.94% year-to-date. Combined, NTAP and ADP make up approximately 1.1% of the underlying holdings of XLK. The next worst performing sector is the Materials sector, showing a 1.2% loss. Among large Materials stocks, Nucor Corp. (Symbol: NUE) and Freeport-McMoran Copper & Gold (Symbol: FCX) are the most notable, showing a loss of 3.3% and 2.7%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF ( XLB ), which is down 1.0% in midday trading, and up 9.39% on a year-to-date basis. Nucor Corp., meanwhile, is down 6.59% year-to-date, and Freeport-McMoran Copper & Gold is up 8.95% year-to-date. Combined, NUE and FCX make up approximately 6.2% of the underlying holdings of XLB. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, none of the sectors are up on the day, while nine sectors are down. 25 Dividend Giants Widely Held By ETFs \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Live At 4 p.m. EDT, Benzinga Will Be Discussing The Battle Forming In ADP: Bill Ackman On The Long Side And Bob Chapman On The Short Side; Register For The Free Webinar In The Body Of This Headline!"", ""UPDATE: ADP Says 'We are accelerating investments in R&D to provide best-in-class cloud-based HCM solutions, migrating numerous customers to our strategic platforms, streamlining operations, rationalizing our footprint...'"", ""UPDATE: ADP Responds To Pershing, Says '[Ackman] presented nothing that has not previously been analyzed by the Board and management.'"", ""UPDATE: ADP Says 'we strongly disagree with many of the assertions made by Mr. Ackman in today's presentation, which betrays a fundamental lack of understanding of the current state of ADP's business and strategy.'"", ""ADP Issues Release Commenting On Pershing Square Presentation"", ""Robert Chapman Of Chapman Capital Is Talking About His Current Short Position In ADP"", ""ADP Shares Not Reacting As, On Pershing Square Webcast, Bill Ackman Says 'It's Very Likely Changes To ADP...Will Require A New CEO'"", ""ADP Shares At Session Lows, Down 3.9% As Pershing Square Webcast Goes To Break; Q&A Section Will Be After Break"", ""Downside In ADP Shares Has Stabilized Around $107.90 Level, Down ~2.9% For Session; Pershing Square Webcast Ongoing"", ""ADP Shares Unaffected As Traders Circulating Word Chapman Capital's Bob Chapman Has Said He Is Shorting ADP"", ""ADP Shares Now Near Session Lows, Down ~1.8% For Session As Pershing Square Webcast Continues"", ""5 Biggest Price Target Changes For Thursday"", ""ADP Shares Continue Lower As Broad Stock Market Moving Higher Over Last Few Mins; On Currently-Ongoing Pershing Webcast, Fund Highlighted Co. Is Spending Too Much On R&D Without The Output To Show"", ""From Pershing Square Webcast On ADP: Co. Appears To Be Losing A Material Amount Of Clients In Enterprise HCM"", ""ADP Shares Fall ~$1.50 In Early Trade, Touch Low At $109.57; Stock Down ~1% For Session; Pershing Square Currently Hosting Webcast To Discuss Thesis On Co./Stock"", ""ADP Shares Quiet In Pre-Market Action, Down ~0.1%, As Bill Ackman Currently Discussing Co./Stock On Pershing Square Webcast"", ""ADP's stock could more than double in less than 4 years, Ackman's Pershing Square says Shares of Automatic Data Processing Inc. could more than double in less than four years, if the payroll services company fulfill's its potential, according to hedge fund Pershing Square Capital Management, which is run by billionaire activist investor Bill Ackman. In a presentation to investors, Pershing said the value of ADP's stock, which was down 1.4% at $109.54 in morning trade, can rise to $221 to $255 a share by June 2021, with \""no changes in the credit rating, capital structure, dividend policy, or clients funds investment strategy.\"" Pershing said ADP's \""buy\"" instead of \""build\"" strategy has led to weak product offerings, most notably in enterprise, and inefficient legacy back-end infrastructure. \""ADP's focus on 'hitting the numbers' has led to value-destructive decisions with negative long-term consequences,\"" Pershing wrote in the presentation. ADP diclosed earlier this month that Pershing, which owns 36.8 million ADP shares, or an 8.3% stake, was seeking to take five board seats and change the CEO. In an interview on CNBC last week, ADP CEO Carlos Rodriguez called Ackman \""a spoiled brat.\"" stock has gained 22% over the past 12 months, while the S&P 500 has rallied 13%."", ""ADP 'strongly disagrees' with Bill Ackman as war of words continues The war of words between Automatic Data Processing Inc. and activist hedge fund manager Bill Ackman continued Thursday, as ADP weighed in on a presentation made by Ackman earlier in the day. The company said it \""strongly disagrees\"" with Ackman's assertions, which it said show a lack of understanding of the company and its strategy. Ackman said the value of ADP's stock could more than double by 2021 \""with \""no changes in the credit rating, capital structure, dividend policy, or clients funds investment strategy.\"" Pershing said ADP's \""buy\"" instead of \""build\"" strategy has led to weak product offerings, most notably in enterprise, and inefficient legacy back-end infrastructure. \""ADP's focus on 'hitting the numbers' has led to value-destructive decisions with negative long-term consequences,\"" Pershing wrote in the presentation. Ackman is seeking five board seats and is urging a change of CEO. \""ADP is not resting on its laurels. Our board and management team are thoughtfully transforming our organization and culture to compete effectively and drive global growth in the evolving Human Capital Management market,\"" the company said. ADP shares fell 5%, but are up just 3.6% in 2017, while the S&P 500 has gained 9%."", ""Stock market closes sharply lower as tech shares wither Dow drops nearly 300 points to snap four-day win streak U.S. stock benchmarks on Thursday finish down at least 1% as heightened concerns about President Donald Trump\u2019s legislative agenda and news of a terrorist attack in Barcelona combine to foster selling on Wall Street.""]" ADP,2017-08-18,93.0096,93.6764,92.3054,93.1891,"[""Everything You Need To Know About The ADP Drama"", ""BMO 'Learned Some New Things' From Pershing Deep Dive Into ADP"", ""BMO 'Learned Some New Things' From Pershing Deep Dive Into ADP"", ""Everything You Need To Know About The ADP Drama"", ""Company News For August 18, 2017 \u00b7 Shares of L Brands LB declined 3.6% after reporting earnings per share of $0.48 for second-quarter fiscal 2017 which declined 31% year over year \u00b7 Automatic Data Processing Inc.'s ADP shares declined 5.8% after a dispute between the company management and Pershing Square's Bill Ackman \u00b7 Shares of Alibaba Group BABA rose 2.9% after reporting first-quarter fiscal 2018 (ended Jun 30, 2017) earnings of $0.94, surpassing the Zacks Consensus Estimate by $0.21 \u00b7 NetApp's NTAP shares declined 6.7% after the second quarter revenues decreased 10.5% from the previous quarter to $1.33 billion Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NetApp, Inc. (NTAP): Free Stock Analysis Report Alibaba Group Holding Limited (BABA): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Bill Ackman Comments on Automatic Data Procession Automatic Data Processing, Inc. ( ADP )www.ADPascending.comNYSE:CPhereBill AckmanTradesPortfolioPremium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""BMO 'Learned Some New Things' From Pershing Deep Dive Into ADP"", ""Everything You Need To Know About The ADP Drama""]" ADP,2017-08-21,93.2799,93.5737,91.7798,91.8271,"[""ADP Board Rejects Pershing Square Nominees for 2017 Annual Meeting ADP Board Rejects Pershing Square Nominees for 2017 Annual Meeting"", ""The Hackett Group, ADP Expand Strategic Alliance"", ""CNBC's 'Mad Money' Twitter Account Tweets '**EXCLUSIVE** @ADP CEO Carlos Rodriguez joins @JimCramer tonight'"", ""What The Sell-Side Thought Of Bill Ackman's ADP Thesis Presentation"", ""Pershing Square Issues Statement On ADP: Ackman Says 'The fact that the Board believes that the company's largest owner with an 8.3% stake does not deserve even one Board seat speaks to their insularity and lack of shareholder perspective'"", ""UPDATE: Pershing Square Statement On ADP: 'We look forward to the annual meeting where shareholders will be given the opportunity to elect Pershing Square's independent directors...'"", ""UPDATE: Pershing Square Statement On ADP: 'We look forward to the annual meeting where shareholders will be given the opportunity to elect Pershing Square's independent directors...'"", ""Pershing Square Issues Statement On ADP: Ackman Says 'The fact that the Board believes that the company's largest owner with an 8.3% stake does not deserve even one Board seat speaks to their insularity and lack of shareholder perspective'"", ""What The Sell-Side Thought Of Bill Ackman's ADP Thesis Presentation"", ""CNBC's 'Mad Money' Twitter Account Tweets '**EXCLUSIVE** @ADP CEO Carlos Rodriguez joins @JimCramer tonight'"", ""The Hackett Group, ADP Expand Strategic Alliance"", ""ADP Board Rejects Pershing Square Nominees for 2017 Annual Meeting ADP Board Rejects Pershing Square Nominees for 2017 Annual Meeting"", ""New Strong Sell Stocks for August 21st Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Abaxis IncABAX is a developer, manufacturer and marketer of portable blood analysis systems. The Zacks Consensus Estimate for its current year earnings has been revised 8.3% downward over the last 30 days. Astronics CorporationATRO is a supplier of products to the aerospace, defense, electronics and semiconductor industries. The Zacks Consensus Estimate for its current year earnings has been revised 15.2% downward over the last 30 days. Automatic Data ProcessingADP is a provider of human capital management (HCM) solutions to employers, offering solutions to businesses of various sizes. The Zacks Consensus Estimate for its current year earnings has been revised 4.1% downward over the last 30 days. Ball CorporationBLL is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Zacks Consensus Estimate for its current year earnings has been revised almost 6% downward over the last 30 days. BioSpecifics Technologies Corp.BSTC is a biopharmaceutical company. The Zacks Consensus Estimate for its current year earnings has been revised 8.1% downward over the last 30 days. View the entire Zacks Rank #5 List More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Astronics Corporation (ATRO): Free Stock Analysis Report Ball Corporation (BLL): Free Stock Analysis Report ABAXIS, Inc. (ABAX): Free Stock Analysis Report BioSpecifics Technologies Corp (BSTC): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Midday Update: Stocks Struggle to Stay Positive as Geopolitical and Domestic Issues Continue to Weigh The benchmark averages were mixed at midday on Monday as investors kept a cautious eye on military exercises on the Korean peninsula as well as developments in Washington that continue to undermine President Donald Trump's fiscal agenda. The S&P 500 is outperforming its counterparts on gains in real estate and telecom stocks. Fresh off last Friday's failed Bannon-bump in which stocks reversed early gains tied to the departure of Trump's controversial advisor Steve Bannon, the benchmark averages continued to lose ground, albeit on light volume. Saber-rattling out of Pyongyang was rekindled as the U.S. and South Korea commence their annual Ulchi-Freedom Guardian joint military drills, while worries about Trump's dwindling political capital also weighs on Wall Street. Short-covering erupted as the S&P 500 pulled back to its 100-day moving average at 2417 for the first time since Election Day (corresponding to Dow 21,600 and Nasdaq 100-day moving average), erasing most of their earlier losses. Economic data was largely ignored despite an unexpected decline in the Chicago Fed national activity index to negative 0.01 in July from an upward revised 0.16 in June. In equities, Sempra Energy ( SRE ) made a superior bid of $9.45 for privately-owned Oncor, topping a $9 billion bid for the power transmitter from Berkshire Hathaway (BRK.A, BRK.B). Also, the board of Automated Data Processing ( ADP ) said it has unanimously rejected all three Pershing Square board nominees, including Bill Ackman, setting the stage for a proxy fight for control of the company. Crude oil was down $0.88 to $47.63 per barrel. Natural gas was up $0.08 to $3.01 per 1 million BTU. Gold was up $4.80 to $1,296.40 an ounce, while silver was up $0.007 to $17.00 an ounce. Copper was up $0.04 to $3.00 per pound. Among energy ETFs, the United States Oil Fund was down 2.16% to $9.75 with the United States Natural Gas Fund was up 2.32% to $6.66. Amongst precious-metal funds, the Market Vectors Gold Miners ETF was up 1.29% to 23.23 while SPDR Gold Shares were up 0.23% to $122.57. The iShares Silver Trust was down 0.06% to $16.09. Here's where the markets stand at mid-day: US MARKETS NYSE Composite Index was up 20.94 points (+0.18%) to 11,720.77 Dow Jones Industrial Index was up 15.79 points (+0.07%) to 21,690.30 S&P 500 was up 3.22 points (+0.13%) to 2,428.49 Nasdaq Composite Index was down 4.40 points (-0.07%) to 6,212.19 GLOBAL SENTIMENT FTSE 100 was down 5.10 points (-0.07%) to 7,318.88 DAX was down 99.20 points (-0.82%) to 12,065.99 CAC 40 was down 26.56 points (-0.52%) to 5,087.59 Nikkei 225 was down 77.28 points (-0.40%) to 19,393.13 Hang Seng Index was up 107.11 points (+0.40%) to 27,154.68 Shanghai China Composite Index was up 18.18 points (+0.56%) to 3,286.91 NYSE SECTOR INDICES NYSE Energy Sector Index was down 53.26 points (-0.54%) to 9,796.76 NYSE Financial Sector Index was up 4.01 points (+0.05%) to 7,484.74 NYSE Healthcare Sector Index was up 64.92 points (+0.49%) to 13,419.67 UPSIDE MOVERS (+) WUBA (+19.36%) Q2 results increase from year ago, beating Wall Street estimates (+) HLF (+10.82%) To buy $600 million shares in modified Dutch auction, strikes deal with Icahn (+) TSEM (+5.64%) Enters deal with Tacoma Technology for China fabrication technology DOWNSIDE MOVERS (-) FRAN (-8.03%) Updated Q2 guidance, announced resignation of chief merchandising officer (-) INFY (-2.10%) OKs $2 billion share buyback The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""UPDATE: Pershing Square Statement On ADP: 'We look forward to the annual meeting where shareholders will be given the opportunity to elect Pershing Square's independent directors...'"", ""Pershing Square Issues Statement On ADP: Ackman Says 'The fact that the Board believes that the company's largest owner with an 8.3% stake does not deserve even one Board seat speaks to their insularity and lack of shareholder perspective'"", ""What The Sell-Side Thought Of Bill Ackman's ADP Thesis Presentation"", ""CNBC's 'Mad Money' Twitter Account Tweets '**EXCLUSIVE** @ADP CEO Carlos Rodriguez joins @JimCramer tonight'"", ""The Hackett Group, ADP Expand Strategic Alliance"", ""ADP Board Rejects Pershing Square Nominees for 2017 Annual Meeting ADP Board Rejects Pershing Square Nominees for 2017 Annual Meeting""]" ADP,2017-08-22,93.6033,93.8094,92.2403,92.5619,"[""Whether Ackman Wins Or Loses His Battle With Management, He's Likely To Cause Change At ADP"", ""Highlights From Cramer's Interview With ADP's CEO Carlos Rodriguez"", ""ADP Reports Filing Of Prelim. Proxy Statement For '17 Annual Meeting"", ""ADP Reports Filing Of Prelim. Proxy Statement For '17 Annual Meeting"", ""Highlights From Cramer's Interview With ADP's CEO Carlos Rodriguez"", ""Whether Ackman Wins Or Loses His Battle With Management, He's Likely To Cause Change At ADP"", ""ADP Reports Filing Of Prelim. Proxy Statement For '17 Annual Meeting"", ""Highlights From Cramer's Interview With ADP's CEO Carlos Rodriguez"", ""Whether Ackman Wins Or Loses His Battle With Management, He's Likely To Cause Change At ADP"", ""Three Stocks to Gain From ADP Disruption As Pershing Square agitates ADP, there are positive implications for Ultimate Software, Workday and Paycom.""]" ADP,2017-08-23,92.3054,92.7473,91.7522,92.3321,"[""Intuit (INTU) Q4 Earnings & Revenues Top, CFO Steps Down Intuit Inc.INTU reported stellar fourth-quarter fiscal 2017 results. The company reported non-GAAP income (excluding stock-based compensation, amortization and other one-time items) from continuing operations of 20 cents per share, surpassing the Zacks Consensus Estimate of 16 cents. Intuit stock has gained 25.8% year over year, outperforming 22.9% rally of the industry it belongs to. Quarter in Detail This tax-preparation related software maker reported revenues of $842 Million, which came ahead of management's guided range of $795-$815 million and also surpassed the Zacks Consensus Estimate of $805 million. On a year-over-year basis, revenues were up 11.7% primarily owing to better-than-expected growth in QuickBooks Online and ecosystem along with new and improved products. Services and Other revenues climbed nearly 15.3% to $529 million while product revenues were up 6.1% to $313 million. Segment-wise, Small Business Group recorded 14% year-over-year growth driven mainly by strong customer acquisition. Continued subscriber growth for QuickBooks Online and QuickBooks Self-Employed also acted as a catalyst. The company recorded an increase of 58% in QuickBooks Online subscribers for the year, bringing the total global count to 2,383,000. QuickBooks Self-Employed subscribers totaled 390,000 during the quarter. Revenues from the Small Business online ecosystem increased 33% on a year-over-year basis, primarily due to online customer acquisition. Revenues from Consumer Tax were up 9% for the full year. ProConnect professional tax revenues were up 2%. Coming to operational metrics, Intuit reported non-GAAP gross profit of $664 million, up 12.5% year over year, backed by higher revenues. Gross margin for the quarter came in at 78.9% as compared with 78.2% reported in the year-ago quarter. The company reported a 5.8% year-over-year increase in non-GAAP operating expenses. Also, as a percentage of revenues, non-GAAP operating expenses expanded 390 basis points (bps) to 69.6%. The company posted non-GAAP operating income of $78.million compared with $$36 million in the year-ago quarter. Operating margins expanded 450 bps to 9.3% during the quarter. Intuit posted non-GAAP net income from continuing operations of approximately $53 million compared with fourth-quarter fiscal 2016 net income of $20 million. Balance Sheet and Cash Flows Intuit exited the fiscal fourth quarter with cash and investments of $777 million compared with $1.593 billion in the previous quarter. Long-term debt was $438 million at quarter end as compared with $450 million reported in the previous quarter. Cash from operational activities during the twelve months ended Jul 31, 2017 was $1.599 billion. During the quarter, the company repurchased more than $360 million shares, with $1.5 billion still remaining under the share repurchase authorization. The company received an authorization to pay a dividend of 39 cents per share on Oct 18, 2017. Outlook Intuit provided first-quarter and fiscal 2018 guidance. For the fiscal first quarter, the company anticipates revenues in a range of $840-$860 million. The Zacks Consensus Estimate is pegged at $846 million. Intuit expects fiscal first quarter non-GAAP operating income in the range of $15-$25 million. The company anticipates reporting non-GAAP earnings in the band of 3-5 cents per share. The Zacks Consensus Estimate is pegged at 13 cents per share. For fiscal 2018, the company anticipates revenues of $5.640-$5.740 billion, representing an increase of 9% to 11% year over year. The Zacks Consensus Estimate is pegged at 5.56 billion. QuickBooks Online subscribers for fiscal 2018 are expected to be in the range of 3.275-3.375 million. Small Business segment is expected to grow in the range of 12-14%. Consumer Tax and ProConnect is anticipated to increase in the range of 7-9% and 0-2%, respectively. Non-GAAP operating income is now expected in a range of $1.885-$1.935 billion, representing growth of 9-12%. Non-GAAP earnings per share are projected between $4.90 and $5.00, up 11-13%. The Zacks Consensus Estimate currently is pegged at $4.98 per share. Managerial Changes Intuit announced that its long-time Chief Financial Officer, Neil Williams is set to step down in January 2018. The company's Senior VP of Finance for Intuit's Consumer Tax Group, Michelle Clatterbuck it set to take over for Williams in February. Our Take Intuit reported encouraging fiscal fourth-quarter 2016 results. Its revenue performance improved on a year-over-year basis due to better-than-expected growth in QuickBooks Online and success in Consumer Tax and ProConnect. The company also issued encouraging revenue first-quarter and fiscal 2018 guidance. We are positive about Intuit's growing SMB exposure and believe that its strategic acquisitions will boost the segment. Increased adoption of its cloud-based services and products is another positive. The company has also restructured business to focus on the QuickBooks services. It expects to continue investing in this portfolio, which might hurt near-term profitability. Stiff competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit carries a Zacks Rank #3 (Hold). A better-ranked stock in the technology space is NVIDIA Corporation NVDA , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . 4 Surprising Tech Stocks to Keep an Eye on Tech stocks have been a major force behind the market's record highs, but picking the best ones to buy can be tough. There's a simple way to invest in the success of the entire sector. Zacks has just released a Special Report revealing one thing tech companies literally cannot function without. More importantly, it reveals 4 top stocks set to skyrocket on increasing demand for these devices. I encourage you to get the report now - before the next wave of innovations really take off. See Stocks Now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paycom Software, Inc. (PAYC): Free Stock Analysis Report Intuit Inc. (INTU): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Noteworthy ETF Inflows: FVD, DEO, ADP, MCY Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Value Line Dividend Index Fund (Symbol: FVD) where we have detected an approximate $132.2 million dollar inflow -- that's a 3.5% increase week over week in outstanding units (from 128,337,986 to 132,837,986). Among the largest underlying components of FVD, in trading today Diageo plc (Symbol: DEO) is trading flat, Automatic Data Processing Inc. (Symbol: ADP) is down about 0.7%, and Mercury General Corp. (Symbol: MCY) is relatively unchanged. For a complete list of holdings, visit the FVD Holdings page \u00bb The chart below shows the one year price performance of FVD, versus its 200 day moving average: Looking at the chart above, FVD's low point in its 52 week range is $26.11 per share, with $29.95 as the 52 week high point - that compares with a last trade of $29.30. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-08-24,92.4544,93.9032,92.2403,93.3469,"[""Filing From Pershing Square On ADP Shows Letter From Bill Ackman"", ""ADP Option Alert: Oct 20 $100 Puts Sweep (26) at the Ask: 703 @ $1.75 vs 120 OI; Ref=$104.9"", ""ADP Option Alert: Oct 20 $100 Puts Sweep (26) at the Ask: 703 @ $1.75 vs 120 OI; Ref=$104.9"", ""Filing From Pershing Square On ADP Shows Letter From Bill Ackman"", ""CSRA Inc. (CSRA) Ex-Dividend Date Scheduled for August 25, 2017 CSRA Inc. ( CSRA ) will begin trading ex-dividend on August 25, 2017. A cash dividend payment of $0.1 per share is scheduled to be paid on October 03, 2017. Shareholders who purchased CSRA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that CSRA has paid the same dividend. At the current stock price of $31.33, the dividend yield is 1.28%. The previous trading day's last sale of CSRA was $31.33, representing a -6.95% decrease from the 52 week high of $33.67 and a 28.01% increase over the 52 week low of $24.48. CSRA is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). CSRA's current earnings per share, an indicator of a company's profitability, is $1.91. Zacks Investment Research reports CSRA's forecasted earnings growth in 2018 as 2.88%, compared to an industry average of 4.4%. For more information on the declaration, record and payment dates, visit the CSRA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Stocks Billionaire Investor Bill Ackman Is Buying and Selling Bill Ackman and his Pershing Square funds may be down, but they aren't out. Since Ackman is one of the most outspoken hedge fund managers and activist investors, Pershing Square's 13F filings are closely followed for insight into which stocks the billionaire investor is buying and selling on behalf of its clients. Recent SEC filings show that Bill Ackman has been doing more buying than selling in Automatic Data Processing (NASDAQ: ADP) , Howard Hughes (NYSE: HHC) , Mondelez (NASDAQ: MDLZ) , Air Products & Chemicals (NYSE: APD) , and Restaurant Brands (NYSE: QSR) . It's payday Pershing Square's interest in ADP sets the stage for what could be a long and ugly activist campaign. The Ackman-owned hedge fund manager outlined in a regulatory filing that it effectively controls or has exposure to 36.8 million shares of ADP, effectively making it an 8.3% owner of the company. With a large economic stake, Pershing Square wants representation on ADP's board of directors. The hedge fund management company nominated three people for election to ADP's board, including Bill Ackman himself. For its part, ADP doesn't seem too eager to open up the floor to walk-on candidates. The company responded to Bill Ackman in a letter deriding the hedge fund's poor performance, writing, \""Since Carlos Rodriguez became CEO nearly six years ago, ADP's total shareholder return of 202% is well in excess of the S&P 500 TSR of 128% -- and is many multiples of Pershing's TSR of 29%.\"" Rodriguez has since appeared on CNBC, where he called Ackman both a \""used car salesman\"" and a \""spoiled brat\"" for asking for more time to nominate directors for election to ADP's board. On Aug. 21, ADP rejected Ackman's board nominations. Shareholders should be ready for an ugly battle in their mailboxes, as both sides will likely send multiple proxies to lay the case for why shareholders should support their nominations. Ackman faces an uphill battle at ADP. After all, the business trades at nearly 27 times earnings, a premium valuation to the average S&P 500 component, which trades at 23 times earnings. Boasting returns on equity in excess of 40% in the past year (and in excess of 20% in every single one of the last 10 years), ADP is exceptionally profitable. Of course, Ackman's argument is that ADP's performance could be better. ADP's pre-tax margin has flatlined at roughly 20%. Ackman laid the case that ADP could earn as much as $8.70 per share in 2022, up from $3.70 in 2017, of which the majority of the increase ($3.15) would come from margin expansion. Ackman Construction Inc. Pershing Square's 13F shows it owns more of real estate developer Howard Hughes Corporation, but it is more of a technicality than an increased position. Although the stake appeared to increase this quarter based on Pershing Square's 13F, it doesn't appear as though there was a fundamental change in Pershing's holdings. An SC 13D/A filing shows that Pershing Square owns roughly 1.1 million more shares of Howard Hughes Corporation. That's because it swapped warrants, which weren't reported in previous 13Fs, for common stock, which is reported in Pershing's 13F. Ackman pitched Howard Hughes at a hedge fund conference earlier this year. Since Ackman is the largest owner of the company and the chairman of the board of directors, I suppose it's not all that surprising that he likes what he sees in a company where he has a first-hand view. (It's a little weird to pitch a company where you act as the chairman of the board, don't you think?) Ackman's cookie jars Pershing Square dipped into the Mondelez cookie jar again in the second quarter, slashing its common stock holdings by 5.4 million shares. The 13F filing shows it held approximately 14.5 million shares at the end of the second quarter. Mondelez has largely been dead money for Bill Ackman's Pershing Square funds. The Oreo maker first appeared in the firm's third-quarter 2015 13F, after which Mondelez shares have gone up and down, but mostly to the right. Pershing has written favorably about Mondelez even while it continues to dump shares of the company. In a letter to clients of its closed-end fund earlier this year, Pershing Square wrote the following: Mondelez isn't the only cookie-jar stock in Pershing Square's portfolio. The fund manager sold out entirely of its Air Products & Chemicals holdings this quarter after laying out a lukewarm thesis for the company's stock earlier this year. In a letter, Pershing Square pointed out that the company's prospects largely rest on its ability and willingness to return capital to shareholders if it can't find attractive investment opportunities. Pershing suggested Air Products & Chemicals could generate $8 billion of cash that it could distribute to investors over the next three years, roughly equal to one-fourth of its market cap. But Ackman won't be checking his mailbox for big dividends or tender offers for his funds' shares. Pershing sold out of every last share it owned during the second quarter. Cashing in on burgers and coffee In July, rumors swirled that Pershing Square hired an investment bank to help it offload 10 million shares of Restaurant Brands, a holding company for Burger King and Tim Horton's. Because of the timing of the rumored sale (July 12), the 13F is of little help given it only shows Pershing Square's holdings as of June 30. That said, a recent SC 13G/A filing confirms the story, reflecting that Pershing Square owns 29.15 million shares, down from 39.15 million shares at the end of the second quarter. Restaurant Brands has been a winner in an industry filled with losers. The holding company for Burger King and Tim Horton's is up approximately 31% this year, easily outpacing the zero return of one restaurant-focused exchange-traded fund. Given the company's outsize return and the fact it is the second-largest Pershing position after ADP, cashing in may be a matter of managing the fund's position sizes. 10 stocks we like better than Mondelez International When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Mondelez International wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 1, 2017 Jordan Wathen has no position in any of the stocks mentioned. The Motley Fool recommends Automatic Data Processing and Howard Hughes. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Option Alert: Oct 20 $100 Puts Sweep (26) at the Ask: 703 @ $1.75 vs 120 OI; Ref=$104.9"", ""Filing From Pershing Square On ADP Shows Letter From Bill Ackman""]" ADP,2017-08-25,93.6033,94.0826,93.2305,93.3469,"[""Watch These 7 Huge Put Purchases In Friday Trade"", ""Watch These 7 Huge Put Purchases In Friday Trade"", ""Watch These 7 Huge Put Purchases In Friday Trade""]" ADP,2017-08-28,93.6122,93.9317,93.2897,93.4958,"[""Bill Ackman Suggests Adding 3 Seats to ADP's Board"", ""Bill Ackman Suggests Adding 3 Seats to ADP's Board"", ""3 Stocks That Could Make or Break Bill Ackman's Portfolio Hedge fund manager Bill Ackman is one of the most closely followed activist investors in the world, known for his hands-on investment style. Ackman has made some investments in recent years, such as Fannie Mae , Freddie Mac , Valeant Pharmaceuticals , and a rather outspoken short position in Herbalife , that have gotten widespread media attention. However, you may not be familiar with the largest current investments in Ackman-led Pershing Square's portfolio, or Ackman's intentions with each. Data Source: Pershing Square 2Q17 13-F filing. QSR stake is reduced by 10,000,000 shares from 13-F data due to news of a July sale. Share prices as of 8/25/17. 1. Automatic Data Processing Pershing Square's stake in Automatic Data Processing (NASDAQ: ADP) , better known as ADP, was acquired quickly and recently. The stake was first reported in late July by people familiar with the situation, and the hedge fund's 8.3% stake in ADP was officially revealed in mid-August in its most recent SEC filings. Like many of Ackman's investments, the billionaire acquired his ADP stake to push for changes at the company. Ackman is asking for three board seats, and may try to change the company's leadership. In a recent presentation (link opens a PDF) and webcast, Ackman made the case that ADP should be making much more money than it is , saying that \""ADP's margins are vastly below what they should be.\"" Ackman also said that ADP's stock price could more than double within five years to $221 if the right improvements are made. If Ackman is correct, he and Pershing Square's investors could be in for a big payday. 2. Restaurant Brands International The second-largest investment in Pershing Square's portfolio, Restaurant Brands International (NYSE: QSR) , got significantly smaller recently. In July, the hedge fund sold 10 million shares of the fast-food stock. However, the move shouldn't be interpreted as a negative outlook from Ackman on the company. Simply put, the sale represented a portfolio management move -- the stock had risen by 28% in 2017 and had become too large, according to reports. Pershing Square first invested in Burger King in 2012, which later merged with Tim Hortons to create Restaurant Brands International. Since Ackman's initial investment, shares are up 71%. However, comments from recent months indicate that Ackman still has a bullish view on the company. An April presentation from Pershing Square said the stock \""remains a compelling long-term investment.\"" Ackman is in good company -- Warren Buffett's Berkshire Hathaway conglomerate is also a major investor in the business. 3. Chipotle Mexican Grill Unlike Restaurant Brands International, Chipotle Mexican Grill (NYSE: CMG) has not been a big winner for Ackman and Pershing's investors. The roughly 10% stake in Chipotle was acquired in September 2016, nearly one year ago, for $1.2 billion, with Ackman paying $418 per share. At the time, it seemed like a reasonable thesis. Chipotle was putting its 2015 E. coli scare behind it, and shares had already fallen by about 44% from their all-time high of nearly $760. In regard to the Chipotle investment, Ackman said he invested because the food was better than that of its competitors and that the company still had lots of room to grow. He also said it's \""a good time to buy a great business is when it is in temporary trouble.\"" Well, since Pershing Square made its investment, Chipotle is down another 25% to its lowest level in more than four years on renewed fears about food safety. A turnaround in Chipotle could be a big win for Ackman, but so far, it hasn't been one of Pershing's best investments. 10 stocks we like better than Chipotle Mexican Grill When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Chipotle Mexican Grill wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 1, 2017 Matthew Frankel owns shares of Berkshire Hathaway (B shares). The Motley Fool owns shares of and recommends Berkshire Hathaway (B shares), Chipotle Mexican Grill, and Valeant Pharmaceuticals. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for August 29, 2017 Ebix, Inc. ( EBIX ) will begin trading ex-dividend on August 29, 2017. A cash dividend payment of $0.075 per share is scheduled to be paid on September 15, 2017. Shareholders who purchased EBIX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that EBIX has paid the same dividend. At the current stock price of $57.4, the dividend yield is .52%. The previous trading day's last sale of EBIX was $57.4, representing a -11.83% decrease from the 52 week high of $65.10 and a 9.58% increase over the 52 week low of $52.38. EBIX is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). EBIX's current earnings per share, an indicator of a company's profitability, is $3.07. Zacks Investment Research reports EBIX's forecasted earnings growth in 2017 as 4.55%, compared to an industry average of 13.7%. For more information on the declaration, record and payment dates, visit the EBIX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Bill Ackman Suggests Adding 3 Seats to ADP's Board""]" ADP,2017-08-29,92.8134,93.9968,92.5983,93.8282,"[""ADP Option Alert: Jan 19 $105 Calls at the Ask: 2400 @ $5.5 vs 1336 OI; Ref=$104.53"", ""Benzinga's Option Alert Recap From August 29"", ""Benzinga's Option Alert Recap From August 29"", ""ADP Option Alert: Jan 19 $105 Calls at the Ask: 2400 @ $5.5 vs 1336 OI; Ref=$104.53"", ""ADP Crosses Above Average Analyst Target In recent trading, shares of Automatic Data Processing Inc. (Symbol: ADP) have crossed above the average analyst 12-month target price of $104.71, changing hands for $104.76/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher - if things are looking up for the company, perhaps it is time for that target price to be raised. There are 13 different analyst targets contributing to that average for Automatic Data Processing Inc., but the average is just that - a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $85.00. And then on the other side of the spectrum one analyst has a target as high as $126.00. The standard deviation is $9.587. But the whole reason to look at the average ADP price target in the first place is to tap into a \""wisdom of crowds\"" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with ADP crossing above that average target price of $104.71/share, investors in ADP have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $104.71 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Automatic Data Processing Inc.: The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on ADP - FREE . 10 ETFs With Most Upside To Analyst Targets \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Benzinga's Option Alert Recap From August 29"", ""ADP Option Alert: Jan 19 $105 Calls at the Ask: 2400 @ $5.5 vs 1336 OI; Ref=$104.53""]" ADP,2017-08-30,93.9406,94.8775,93.4011,94.5402,"[""Seeing Notable Blokc Trade In ADP AFter-Hours: 1M Shares At $105.93"", ""Seeing Notable Blokc Trade In ADP AFter-Hours: 1M Shares At $105.93"", ""Midday Update: Wall Street Regains Composure As Geopolitical Jitters Ease The major market averages were mixed at midday on Wednesday with the Dow struggling to turn positive after stumbling at the open on strong labor market data and a better-than-expected upward revision to Q2 gross domestic product. The S&P 500 and Nasdaq were both trending higher as geopolitical jitters ease and on sizable gains in the technology and healthcare sectors. Bullish economic data caused stock futures to wobble before the cash market open given its potential to nudge the Federal Reserve towards another rate hike. According to a survey from Automated Data Processing ( ADP ), the private sector added 237,000 jobs in August, well above expectations for a gain of 185,000, and the largest increase since March. Additionally, the number of private sector jobs in July was revised upward by 23,000 to 201,000. Second quarter economic growth was also better-than-expected as gross domestic product ( GDP ) was revised upward to an annualized rate of 3.0% from 2.6% initially, beating estimates for a revision to 2.8%. European markets recovered some of Tuesday's steep losses after global investors were relieved by Washington's composed response to North Korea's confrontational missile test Monday. Investors took advantage of six-month lows in equity prices and the pull-back in the euro to drive the Euro Stoxx more than 60% higher. In related markets, safe-havens are returning some of Tuesday's gains as the flight-to-safety is stifled by easing geopolitical tensions. Treasury yields are mixed with the long end unchanged to slightly richer, but shorter-dated maturities just under 1 basis points cheaper. West Texas Intermediate is trading higher as supply issues begin to prop up the sector. Crude oil was up $0.13 to $46.58 per barrel. Natural gas was down $0.035 to $2.95 per 1 million BTU. Gold was down $4.50 to $1,314.40 an ounce, while silver was down $0.026 to $17.48 an ounce. Copper was down $0.018 to $3.08 per pound. Among energy ETFs, the United States Oil Fund was up 0.53% to $9.51 with the United States Natural Gas Fund was down 1.21% to $6.52. Amongst precious-metal funds, the Market Vectors Gold Miners ETF down 0.49% to 24.29 while SPDR Gold Shares were unchanged at $124.42. The iShares Silver Trust was up 0.24% to $16.46. Here's where the markets stand at mid-day: US MARKETS NYSE Composite Index was up 4.23 points (+0.04%) to 11,796.10 Dow Jones Industrial Index was down 0.77 points (-0.00%) to 21,864.51 S&P 500 was up 6.63 points (+0.27%) to 2,452.93 Nasdaq Composite Index was up 41.18 points (+0.65%) to 6,342.95 GLOBAL SENTIMENT FTSE 100 was up 27.83 points (+0.38%) to 7,365.26 DAX was up 56.59 points (+0.47%) to 12,002.47 CAC 40 was up 24.42 points (+0.49%) to 5,056.34 Nikkei 225 was up 143.99 points (+0.74%) to 19,506.54 Hang Seng Index was up 329.06 points (+1.19%) to 28,094.61 Shanghai China Composite Index was down 1.60 points (-0.05%) to 3,363.63 NYSE SECTOR INDICES NYSE Energy Sector Index was up 6.73 points (+0.07%) to 9,936.03 NYSE Financial Sector Index was up 14.53 points (+0.19%) to 7,501.01 NYSE Healthcare Sector Index was down 42.36 points (-0.31%) to 13,502.56 UPSIDE MOVERS (+) AVAV (+16.35%) Reported better-than-expected Q2 EPS and sales (+) VRA (+10.38%) Q2 profit and sales beat Wall Street estimates (+) MZOR (+10.17%) Announced strategic partnership with Medtronix ( MDT ) DOWNSIDE MOVERS (-) OTIC (-80.86%) Phase 3 study of Otividex missed primary endpoints and key secondary vertigo endpoints and company will suspend all further development of drug (-) DY (-8.67%) Missed Q4 sales expectations, issued weak forecast for Q1 (-) CHS (-2.04%) Missed Q2 earnings estimates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""A Flurry of Economic Data This morning, two key economic reads hit the tape ahead of the opening bell: the first revision of Q2 GDP and the ADP ADP private-sector payroll results were both better than expected. GDP hit 3.0% for this second read, up from 2.6% in the initial release and 20 basis points higher than analysts were expecting. ADP jobs posted a big 237K number, well beyond the 185K expected. Personal consumption grew at a higher rate than earlier recorded, and corporate profits swung to a positive 0.8% in the quarter, up from a negative read the first time around. This demonstrates the economic strength many investors have been anticipating since the surprise win of President Trump last November, and shows enterprise confidence is indeed having a positive impact. For the private sector payroll reads, ADP also revised its July total to 201K, 23K higher that in the initial read. Services once again supplied far more jobs than the Goods segment of the U.S. workforce, and the usual suspects of Trade/Transportation, Leisure/Hospitality and Education/Healthcare were the biggest gainers. Large companies (more than 500 employees) led the way with 115K new jobs for the month. We will look to see if analysts raise their estimates for Friday's BLS non-farm payroll report, which currently expects 179K new jobs from the month of August. Of course, Southeast Texas is currently in need of major rebuilding efforts, which should bolster Construction jobs, but we may not see the positive impact of this for at least a month, depending on when the numbers shake out. But there seems to be nothing in the way of continued growth with an improving global economy and a cheaper U.S. dollar helping prime the pump. Harvey Recovery Update Speaking of Southeast Texas, while it remains to be seen if Hurricane Harvey will be the most costly in U.S. history, much progress has already been made in recovery efforts. Millions of dollars have been raised, first responders have rescued thousands, and even the lights in downtown Houston are back on in most places. Many Houston residents will even be heading back to work today. The flooding was worse than the last major storm to hit the Southeastern coast, Hurricane Ike, but the good news is the winds were not as strong as they were in the previous storm. This kept many power lines intact, even while flood waters still need to come down in several areas. So while yesterday's headlines spoke of 30K citizens being displaced and no end to the turmoil in sight, it appears as if today a positive corner has been turned. One note of caution, however, comes from a report by Black Knight Financial Services reported on CNBC this morning: that 75K mortgage holders may finds themselves unable to pay for the next two months, with 45K expected to be seriously delinquent. This increases the risk for mortgage defaults in the Houston region, which sees more homeowners ad more of these highly leveraged than we saw in New Orleans in the wake of Hurricane Katrina 12 years ago. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Positive Surprise Alphabet Soup: Q2 GDP 3%, ADP 237K Wednesday, August 30th, 2017 This morning, two key economic reads hit the tape ahead of the opening bell: the first revision of Q2 GDP and the ADP ADP private-sector payroll results were both better than expected. GDP hit 3.0% for this second read, up from 2.6% in the initial release and 20 basis points higher than analysts were expecting. ADP jobs posted a big 237K number, well beyond the 185K expected. Personal consumption grew at a higher rate than earlier recorded, and corporate profits swung to a positive 0.8% in the quarter, up from a negative read the first time around. This demonstrates the economic strength many investors have been anticipating since the surprise win of President Trump last November, and shows enterprise confidence is indeed having a positive impact. For the private sector payroll reads, ADP also revised its July total to 201K, 23K higher that in the initial read. Services once again supplied far more jobs than the Goods segment of the U.S. workforce, and the usual suspects of Trade/Transportation, Leisure/Hospitality and Education/Healthcare were the biggest gainers. Large companies (more than 500 employees) led the way with 115K new jobs for the month. We will look to see if analysts raise their estimates for Friday's BLS non-farm payroll report, which currently expects 179K new jobs from the month of August. Of course, Southeast Texas is currently in need of major rebuilding efforts, which should bolster Construction jobs, but we may not see the positive impact of this for at least a month, depending on when the numbers shake out. But there seems to be nothing in the way of continued growth with an improving global economy and a cheaper U.S. dollar helping prime the pump. Harvey Recovery Update Speaking of Southeast Texas, while it remains to be seen if Hurricane Harvey will be the most costly in U.S. history, much progress has already been made in recovery efforts. Millions of dollars have been raised, first responders have rescued thousands, and even the lights in downtown Houston are back on in most places. Many Houston residents will even be heading back to work today. The flooding was worse than the last major storm to hit the Southeastern coast, Hurricane Ike, but the good news is the winds were not as strong as they were in the previous storm. This kept many power lines intact, even while flood waters still need to come down in several areas. So while yesterday's headlines spoke of 30K citizens being displaced and no end to the turmoil in sight, it appears as if today a positive corner has been turned. One note of caution, however, comes from a report by Black Knight Financial Services reported on CNBC this morning: that 75K mortgage holders may finds themselves unable to pay for the next two months, with 45K expected to be seriously delinquent. This increases the risk for mortgage defaults in the Houston region, which sees more homeowners ad more of these highly leveraged than we saw in New Orleans in the wake of Hurricane Katrina 12 years ago. Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Futures Reverse Gains as Labor Data, GDP Gives Fed Fuel to Hike Rates U.S. stock futures have turned slightly more defensive and have surrendered their earlier gains after Wall Street digested a pair of economic data points that gives the Federal Reserve the ammunition to hike rates once more this year. At 8:15 a.m. ET, a monthly survey from Automated Data Processing ( ADP ) showed the private sector added 237,000 new jobs in August, measurably above 185,000 estimates. July was revised upward to 201,000 from 178,000. Also, the economy grew at an annualized rate of 3.0% in the second quarter, revised from a 2.6% growth rate, and exceeding expectations for a revision to 2.8%. The price index remained unchanged at an as-expected 1.0%. Futures were cautiously higher ahead of Wednesday morning's data as risk aversion tied to recent developments in North Korea subsided. Wall Street was relieved by Washington's diplomatic response to Pyongyang's provocative missile test Monday, as well as indications that the test may not have gone off as well as North Korea had hoped. Gains were mitigated in the U.S., however, by Harvey's relentless onslaught of east Texas and southern Louisiana and its impact on the energy industry. Gas futures are up another 6% while oil futures slump for which is driving gas futures up another 6% and crude oil futures lower. -Dow Jones Industrial up 0.05% -S&P 500 futures down 0.01% -Nasdaq 100 futures up 0.13% SENTIMENT Nikkei up 0.74% Hang Seng up 1.19% Shanghai Composite down 0.07% FTSE-100 up 0.39% DAX-30 up 0.54% PRE-MARKET SECTOR WATCH (+) Large cap tech: Higher (+) Chip stocks: Higher (+) Software stocks: Higher (+) Hardware stocks: Higher (+) Internet stocks: Higher (+/-) Oil stocks: Mixed (+/-) Biotech stocks: Flat (+/-) Drug stocks: Flat (+) Financial stocks: Higher (+) Retail stocks: Higher (+/-) Industrial stocks: Mixed (+) Airlines: Higher (+) Autos: Higher UPSIDE MOVERS: (+) VRA (+11.22%) Q2 profit and sales beat Wall Street estimates (+) AVAV (+10.55%) Reported better-than-expected Q2 EPS and sales (+) VBIV (+4.35%) FDA accepted the company's INDA for Sci-B vac phase 3 study DOWNSIDE MOVERS: (-) OTIC (-81.49%) Results of AVERTS-1 phase 3 study of Otividex missed primary endpoints and key secondary vertigo endpoints and company will suspend all further development (-) DY (-15.35%) Missed Q4 sales expectations, issued weak forecast for Q1 (-) CHS (-12.52%) Missed Q2 earnings estimates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Seeing Notable Blokc Trade In ADP AFter-Hours: 1M Shares At $105.93""]" ADP,2017-08-31,95.0382,95.338,94.5689,95.0185,"[""13D/A From Pershing Square Shows 8.3% Stake In ADP"", ""13D/A From Pershing Square Shows 8.3% Stake In ADP"", ""CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for September 01, 2017 CSG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on September 01, 2017. A cash dividend payment of $0.198 per share is scheduled to be paid on September 21, 2017. Shareholders who purchased CSGS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CSGS has paid the same dividend. At the current stock price of $38.33, the dividend yield is 2.06%. The previous trading day's last sale of CSGS was $38.33, representing a -25.34% decrease from the 52 week high of $51.34 and a 8.04% increase over the 52 week low of $35.48. CSGS is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). CSGS's current earnings per share, an indicator of a company's profitability, is $1.9. Zacks Investment Research reports CSGS's forecasted earnings growth in 2017 as -12.39%, compared to an industry average of 12.1%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""DXC Technology Company (DXC) Ex-Dividend Date Scheduled for September 01, 2017 DXC Technology Company ( DXC ) will begin trading ex-dividend on September 01, 2017. A cash dividend payment of $0.18 per share is scheduled to be paid on October 11, 2017. Shareholders who purchased DXC prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $84.43, the dividend yield is .85%. The previous trading day's last sale of DXC was $84.43, representing a -1.92% decrease from the 52 week high of $86.08 and a 31.8% increase over the 52 week low of $64.06. DXC is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). DXC's current earnings per share, an indicator of a company's profitability, is -$.19. Zacks Investment Research reports DXC's forecasted earnings growth in 2018 as 120%, compared to an industry average of .6%. For more information on the declaration, record and payment dates, visit the DXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""13D/A From Pershing Square Shows 8.3% Stake In ADP""]" ADP,2017-09-01,95.0767,96.0047,94.916,95.8075,"[""3 Big Stock Charts for Friday: Amazon.com, Inc. (AMZN), Automatic Data Processing (ADP) and Citrix Systems, Inc. (CTXS) InvestorPlace - Stock Market News, Stock Advice & Trading Tips Stocks are starting the month of September on a positive note after the jobs report for August provided another bullish catalyst for traders. While the broader market indices were able to beat the seasonality trends in August with slight gains, the fact is that stocks continue to trade with lower correlations. This means that picking the right stocks is becoming increasingly important. Today's three big stock charts review the recent price activity of Automatic Data Processing (NASDAQ: ADP ), Amazon.com, Inc. (NASDAQ: AMZN ) and Citrix Systems, Inc. (NASDAQ: CTXS ) as three stocks with charts that are signaling a tradable move that investors may want to consider. Automatic Data Processing (ADP) This morning's jobs report gave another indication that the jobs market remains robust, despite a slight uptick in the unemployment rate. We've talked for a long time about the positive fundamental narrative that this creates for payroll companies. Well, that story has translated into strengthening technicals for ADP that are now generating another bullish opportunity. Automatic Data Processing shares recently bounced from the $104-level again. This chart support has been strong for the stock through all of 2017. The bounce from this otherwise resistance level for ADP indicates that the bulls are now taking charge of the trend. According to the MACD, we're seeing momentum build in Automatic Data Processing shares as they approach a critical technical test that will draw another round of buyers into the stock. ADP shares have crossed back above their 50-day moving average. This trendline has also transitioned into a bullish pattern. The combination targets higher prices over the next 4-6 weeks. Amazon.com, Inc. (AMZN) Amazon shares continue to waver and trade in a tightening range over the last month as the battle between brick-and-mortar and online retail continues to get more interesting. This morning, Lululemon Athletica Inc. (NASDAQ: LULU ) beat analyst estimates and upgraded its outlook. 7 Stocks That Could Collapse Soon Is it over for AMZN? No, but the chart is suggesting that more weakness may be in the cards before you should buy. After losing a chart battle with the $1,000 price, Amazon shares are slipping into an intermediate-term bearish pattern. This is the first time that we have seen AMZN stock move into this pattern in a year, ahead of a 12% decline in the shares. The 50-day moving average for Amazon has rolled over, indicating a change in the trend as selling pressure and volume increases. The pattern of lower highs and lower lows that has formed over the last two months suggests that we may see AMZN stock test its 200-day moving average before the technicians step in. This would be another 8% decline from current prices. Citrix Systems, Inc. (CTXS) Citrix Systems stock is trading right into a critical technical test that may be signaling a longer-term reversal and an opportunity for investors to jump on this technology stock as it breaks into a new bullish trend with potential for a 10% rally. Is Advanced Micro Devices, Inc. (AMD) Stock REALLY Worth the Risk? CTXS stock is currently finding support at its longer-term 10-month moving average, the stock survived the volatility of August after dipping below this important trendline, but starts September with strong support and a potential technical catalyst impending. The recent rally from $74 has put Citrix shares in a position to break above their 50- and 200-day moving average at the same time as they converge at $78.50. A simultaneous break above these critical trendlines will bring the bulls into the market. Immediately after a break above the 50- and 200-day moving averages CTXS will face chart resistance at $79. This has served as a consolidation level in June and July, meaning that a move higher will bring even more buyers into the market pushing Citrix towards its next technical target of $83. As of this writing, Johnson Research Group did not hold a position in any of the aforementioned securities. More From InvestorPlace 10 Stocks That Every 20-Year-Old Should Buy 7 Stocks to Buy With a $2,000 Start 7 Restaurant Stocks That Should Be 86'd The post 3 Big Stock Charts for Friday: Amazon.com, Inc. (AMZN), Automatic Data Processing (ADP) and Citrix Systems, Inc. (CTXS) appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Lower Jobless Rate, Improved Economy Following a heady read from private-sector payroll numbers Wednesday from ADP ADP , where reported new jobs were well beyond 200K for the month of August and far surpassed the estimates in aggregate, we see mildly disappointing results this Friday for the BLS non-farm payroll report: 156K new jobs in August, beneath the 180K consensus. Unemployment rose to 4.4% from the previous and expected 4.3% - still healthy, but not as robust as expected. And August is one of those strange months where things like hiring new employees lags, seasonally. Average hourly earnings rose only 0.1% for the month, further pushing the narrative that inflation - which was expected to have hit the economy much harder by this point in 2017 - remains tepid. If you were looking for a final possibility the Fed might still raise rates another quarter-percent this month, you can put a fork in it - it's done. Revisions for the previous two months also sank in this morning's report: June fell from 231K to 201K and July went from 206K to 189K, for a total loss of 41K new jobs over the summer months. In August, while the private sector reportedly brought in 165K jobs, the Government (mostly state and local) lost a total of 9K. Otherwise, Manufacturing filled 36K new positions and Construction brought in 28K. The U-6 (\""real employment\"") stayed unchanged at 8.6%, as did the Labor Force Participation Rate of 62.9%. None of these numbers are tragic; they are at most slightly off, with wiggle room in future revisions to push back toward that 180K consensus. After all, this remains about the average job growth per month we've seen throughout 2017 and for the past few years. And it remains above what we need from the domestic labor force to provide a positive impact to the U.S. economy. In short, no need to worry. There is no Hurricane Harvey impact in any of these numbers, so they may augment certain aspects downward initially but perhaps bolster Construction job totals, etc. And this storm's after-effects will be demonstrably different than those of Hurricane Katrina a decade-plus ago: home ownership and household income in Houston in 2017 are both far higher that in New Orleans in 2005. Meaning the efforts to put the fourth-largest city in the U.S. back together in the aftermath of this storm will be far greater than they were in the other one. Regarding the recovery from Harvey, residents are returning home to assess the damage to their property, and more businesses are beginning to re-open their doors. Although the Arkema ARKAY chemical plant reportedly expects even more fires due to lack of cooling agents on its stored chemical compounds, elsewhere things look to be drying out. In any case, Harvey is already expected to be the most expensive storm in U.S. history\u2026 that is, unless Hurricane Irma hits an even bigger section of the country in the next week or so, such as New York City\u2026 Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Arkema SA (ARKAY): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-09-05,95.1714,95.986,94.5502,94.9811,"[""Pershing Square Issues Filing Reiterating Push For Changes At ADP, Says While It May Not Have 'Perfect Info...Directionally, and on the whole, we think out analysis is correct and the broader conclusions are inescapable'"", ""Pershing Square Issues Filing Reiterating Push For Changes At ADP, Says While It May Not Have 'Perfect Info...Directionally, and on the whole, we think out analysis is correct and the broader conclusions are inescapable'"", ""Ex-Dividend Reminder: ManTech International, TiVo and Automatic Data Processing Looking at the universe of stocks we cover at Dividend Channel , on 9/7/17, ManTech International Corp (Symbol: MANT), TiVo Corp (Symbol: TIVO), and Automatic Data Processing Inc. (Symbol: ADP) will all trade ex-dividend for their respective upcoming dividends. ManTech International Corp will pay its annual dividend of $0.21 on 9/22/17, TiVo Corp will pay its quarterly dividend of $0.18 on 9/21/17, and Automatic Data Processing Inc. will pay its quarterly dividend of $0.57 on 10/1/17. As a percentage of MANT's recent stock price of $40.63, this dividend works out to approximately 0.52%, so look for shares of ManTech International Corp to trade 0.52% lower - all else being equal - when MANT shares open for trading on 9/7/17. Similarly, investors should look for TIVO to open 0.98% lower in price and for ADP to open 0.53% lower, all else being equal. Below are dividend history charts for MANT, TIVO, and ADP, showing historical dividends prior to the most recent ones declared. ManTech International Corp (Symbol: MANT) : TiVo Corp (Symbol: TIVO) : Automatic Data Processing Inc. (Symbol: ADP) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.52% for ManTech International Corp, 3.91% for TiVo Corp, and 2.13% for Automatic Data Processing Inc.. In Tuesday trading, ManTech International Corp shares are currently up about 0.1%, TiVo Corp shares are down about 0.6%, and Automatic Data Processing Inc. shares are off about 0.5% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pershing Square Issues Filing Reiterating Push For Changes At ADP, Says While It May Not Have 'Perfect Info...Directionally, and on the whole, we think out analysis is correct and the broader conclusions are inescapable'""]" ADP,2017-09-06,95.5481,97.4032,95.1625,96.4387,"[""Pershing Square Offers Comment On Meeting With ADP Board: 'A copy of the materials presented to the ADP board can be accessed at www.ADPascending.com'"", ""Pershing Square Offers Comment On Meeting With ADP Board: 'A copy of the materials presented to the ADP board can be accessed at www.ADPascending.com'"", ""Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for September 07, 2017 Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on September 07, 2017. A cash dividend payment of $0.57 per share is scheduled to be paid on October 01, 2017. Shareholders who purchased ADP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ADP has paid the same dividend. At the current stock price of $106.43, the dividend yield is 2.14%. The previous trading day's last sale of ADP was $106.43, representing a -12.6% decrease from the 52 week high of $121.77 and a 24.51% increase over the 52 week low of $85.48. ADP is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Cognizant Technology Solutions Corporation ( CTSH ). ADP's current earnings per share, an indicator of a company's profitability, is $3.84. Zacks Investment Research reports ADP's forecasted earnings growth in 2018 as 3.43%, compared to an industry average of 16%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ADP through an Exchange Traded Fund [ETF]? The following ETF(s) have ADP as a top-10 holding: Direxion NASDAQ-100 Equal Weighted Index Shares ( QQQE ). The top-performing ETF of this group is QQQE with an increase of 6.8% over the last 100 days. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for September 07, 2017 Jack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on September 07, 2017. A cash dividend payment of $0.31 per share is scheduled to be paid on September 28, 2017. Shareholders who purchased JKHY prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that JKHY has paid the same dividend. At the current stock price of $101.81, the dividend yield is 1.22%. The previous trading day's last sale of JKHY was $101.81, representing a -7.16% decrease from the 52 week high of $109.67 and a 28.87% increase over the 52 week low of $79. JKHY is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). JKHY's current earnings per share, an indicator of a company's profitability, is $3.14. Zacks Investment Research reports JKHY's forecasted earnings growth in 2018 as 4.59%, compared to an industry average of 4.6%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to JKHY through an Exchange Traded Fund [ETF]? The following ETF(s) have JKHY as a top-10 holding: PowerShares S&P MidCap Low Volatility Portfolio ( XMLV ) iShares S&P Mid-Cap 400 Growth ETF ( IJK ) SPDR S&P 400 Mid Cap Growth ETF (based on S&P MidCap 400 Growt ( MDYG ). The top-performing ETF of this group is IJK with an increase of 3.23% over the last 100 days. XMLV has the highest percent weighting of JKHY at 1.59%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pershing Square Offers Comment On Meeting With ADP Board: 'A copy of the materials presented to the ADP board can be accessed at www.ADPascending.com'""]" ADP,2017-09-07,97.2661,98.2069,97.0107,97.7395,"[""ADP Reports Filing Of Definitive Proxy Materials"", ""Amended 13D Filing From Pershing Square On ADP Shows 8.3% Stake, Includes Letter From Bill Ackman To ADP Board"", ""Bill Ackman's Pershing Square Sticks To Its Guns On Call For Changes At ADP"", ""ADP Comments On Letter From Pershing Square And Meeting With Board, Says Board Remains Confident Co. Has The Right Corporate Strategy and Expertise On The Board To Create Value For Clients And Shareholders"", ""ADP Comments On Letter From Pershing Square And Meeting With Board, Says Board Remains Confident Co. Has The Right Corporate Strategy and Expertise On The Board To Create Value For Clients And Shareholders"", ""Bill Ackman's Pershing Square Sticks To Its Guns On Call For Changes At ADP"", ""Amended 13D Filing From Pershing Square On ADP Shows 8.3% Stake, Includes Letter From Bill Ackman To ADP Board"", ""ADP Reports Filing Of Definitive Proxy Materials"", ""ADP Comments On Letter From Pershing Square And Meeting With Board, Says Board Remains Confident Co. Has The Right Corporate Strategy and Expertise On The Board To Create Value For Clients And Shareholders"", ""Bill Ackman's Pershing Square Sticks To Its Guns On Call For Changes At ADP"", ""Amended 13D Filing From Pershing Square On ADP Shows 8.3% Stake, Includes Letter From Bill Ackman To ADP Board"", ""ADP Reports Filing Of Definitive Proxy Materials""]" ADP,2017-09-08,97.5994,98.1675,96.8263,97.2661, ADP,2017-09-11,97.6507,97.7987,95.8509,96.4584,"4 Things This Billionaire Investor Wants You to Know About ADP There's a juicy melodrama playing out at Automatic Data Processing (NASDAQ: ADP) . While the company has actually performed quite well over the past few years, activist investor Bill Ackman thinks it can do much better, and recently purchased an 8% stake in the company. He backed his thesis up with a 168-slide, three-hour presentation. I read it (you're welcome!) to distill the relevant points. Core product problems Ackman's main point is that Automatic Data Processing, the leader in payroll processing, has not invested correctly in software and technology, which has allowed upstart competitors such as Workday (NYSE: WDAY) and Ultimate Software (NASDAQ: ULTI) to release better products and take market share. Ackman believes that ADP, started by accountants, has brought innovation through acquisitions, which have never been fully integrated. Many of these systems rely on legacy COBOL code from the '90s, which not only makes them difficult to use but also makes it difficult to attract top software engineering talent. While company cheerleaders claim ADP's business model is high-touch and focused on the first-class service, Ackman's team believes the focus on sales and support is only necessary because the company's products are buggy and don't work well. While a large back-end integration would require a large initial investment and potentially disrupt operations, Pershing believes it's necessary, and that the riskiest path is actually the status quo. Bad incentives Ackman also called out the company for having bad incentives in two respects. One, each business unit -- small-medium business (SMB), mid-market, enterprise, and Canada -- has its own manager, CFO, and HR head. Not only is this redundant, claims Ackman, but it also causes turf wars between departments, as company executives focus on their own division at the expense of a broader overall vision. Ackman also believes there is a misalignment on executive pay, claiming yearly sales goals align employees and executives with incremental improvement, rather than transformational change. Ackman proposes offering a big slug of long-dated shares and options so that executives are aligned for the long term, rather than year to year. Management is insular Ackman also thinks that management is insular and that the public and the board have been kept in the dark due to complicated financials and a lack of disclosure. For instance, while the company used to discuss its business units individually, it no longer does. The same goes for the split between its core payroll and newer ""Beyond Payroll"" services. Ackman believes that this is done to mask a slowdown in its core enterprise services business as other newer business lines grow. Ackman believes that this is done to mask a slowdown in its core enterprise services business as other newer business lines grow. While the company does discuss increasing client counts, Ackman believes this is due to small business gains, while the company is actually losing larger-dollar enterprise clients. Ackman also points to the 20-year average tenure of senior management. He believes these senior executives are essentially ""yes-men"" (and women) for CEO Carlos Rodriguez. Ackman cites other evidence that employees lower down the ladder are dissatisfied, pointing to ADP not being on Fortune Magazine's, ""100 Greatest Places to Work"" list, while competitors Ultimate Software and Workday are numbers seven and 18, respectively. The company also significantly lags competitors in Glassdoor rankings, with a 3.1 rating. Underachieving potential So, what does Ackman think ADP could become? He believes his proposed overhaul could lead to significant margin expansion of 1,500 to 2,000 basis points (no, I did not add a zero), bringing company operating margins up from 19% to 34%-39%. That could increase 2022 earnings to $8.70, as compared with $5.70 in Ackman's estimated ""status quo"" scenario. At his midpoint multiple of 26 times earnings, Ackman believes the stock will be worth $238 in four years, or more than double the current price. As proof of concept, Ackman points to two previous businesses that were spun off from ADP: Solera, and CDK (NASDAQ: CDK) , each of which have almost doubled EBIT and EBITDA margins since being spun off in 2006 and 2014, respectively. Foolish takeaway If I were an ADP shareholder, I'd be pretty nervous. ADP management was fiercely resistant to Ackman's arguments, setting up a fight in the upcoming weeks. That's not surprising, as Ackman's presentation basically called out management as out of touch, and may have alerted ADP customers to ""superior"" alternatives in the market. On the other hand, even if Ackman is successful in getting the three board seats he desires, the company will likely undergo a massive overhaul over the next year or two, which is not without risks. That may pay dividends long term, but for now, with a stock still trading at a lofty 27 times earnings, I'm happy On the other hand, even if Ackman is successful in getting the three board seats he desires, the company will likely undergo a massive overhaul over the next year or two, which is not without risks. That may pay dividends long term, but for now, with a stock still trading at a lofty 27 times earnings, I'm happy to watch the drama from the sidelines. 10 stocks we like better than Automatic Data Processing When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Automatic Data Processing wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 1, 2017 Billy Duberstein has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Workday. The Motley Fool recommends Automatic Data Processing and Ultimate Software Group. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-09-12,96.0432,97.5304,95.4327,96.8361,"[""ADP Files Investor Presentation, Urges Stockholders To Vote The WHITE Proxy Card Today"", ""ADP Files Investor Presentation, Urges Stockholders To Vote The WHITE Proxy Card Today"", ""10 Things ADP Management Wants You to Know About This Billionaire Activist Recently, I summarized activist investor Bill Ackman's proposed changes for Automatic Data Processing (NASDAQ: ADP) , the largest company in payroll services. Ackman, who announced an 8.3% stake in the company, believes ADP is in need of transformational change that the current management is incapable of delivering. Both management and the board rejected Ackman's conclusions, as well as his three proposed directors for nomination. In the interest of fairness, I went through ADP's responses, which fall into two categories: challenging Ackman's understanding of the numbers and challenging Ackman's tactics. Ackman's tactics ADP objected to the way Ackman went about his fight in the following ways: On Aug. 1, Ackman requested a 30-day extension to the Aug. 10 deadline to nominate directors. This was very close to the deadline. Ackman turned down a meeting with company CEO Carlos Rodriguez and Chairman John Jones, insisting on speaking with the entire board, and then demanding an extension because he was going on vacation and didn't have the presentation ready. Ackman wanted to fire CEO Carlos Rodriguez without talking to him or the board first. (However, it's clear Rodriguez did not agree with his ideas, once presented.) When the board said it would not extend the deadline but would discuss his ideas, Ackman said he would wage a proxy fight. On top of that, Ackman threatened to use his clout in the media against the company. Since Rodriguez became CEO, ADP is up 200% versus the S&P's 80% return and Pershing Square's 22% (gross) and only 7% (net). This makes for good melodrama, but it mostly has to do with denigrating Ackman, rather than his arguments. On fundamentals and strategy, here are ADP's responses to Ackman's critiques (my paraphrase), and my take: Strategy and numbers Ackman's complaint, management is insular. Ackman claimed he spoke with 85 former senior executives. If management is so insular, how is there so much turnover? It's also possible many of these executives were disgruntled. ADP leadership rose through the ranks just like any other large company. It doesn't mean they're closed off. My take : I think this has merit, as ex-employees could be unreliable; however, 85 is a pretty large sample size. The company depends on tenured engineers to parse legacy code. 20% of ADP's tech engineers are less than a year with the company, and 50% are less than five years. My take : That may be true, though we'd have to know what skills these hires possess and what project they were assigned. Enterprise client count has dropped since 2009 . ADP's CEO Rodriguez says the client count has slightly increased since then. Ackman was getting 2009 numbers given by the previous CEO who counted core employer services differently than today. My take : I have no reason to doubt management, but if there is a difference, it should be made clear to shareholders (which apparently it is not). Headcount grew faster than revenues. The company has a 10% revenue average growth rate but only 5% employee growth since 2011. My take : There are shades of gray here. CEO Rodriguez does not seem to be stripping out the PEO revenue, which Ackman does. Ackman also claims sales headcount grew 8%, not 5%, and his adjusted \""true revenue\"" growth outside PEO was only 5.1%, not 10%. It should be noted that all of Ackman's information had to be extrapolated from past documents and conference calls, with lengthy footnotes describing how his team came up with adjusted numbers. It's possible they got it wrong. It would be nice if the two could sit in a room and go through the numbers together and parse the differences. Regardless, core employer services revenue in the past two years has slowed to only about 3.5%, according to the company's annual report, so growth could use a boost. ADP's margin is much lower than those of its peers. ADP claims to be fundamentally different from its peers as it is so much bigger, more diverse, nd generates high-returns because they have low capital intensity. My take : This is the core difference. CEO Carlos Rodriguez appears to disagree with the need for a large upfront capital investment in technology. In an interview on CNBC , Rodriguez pointed out that ADP has raised its dividend 42 years in a row, so maybe he wants to invest incrementally and protect shareholder returns (this is, of course, Ackman's main objection). Rodriguez also said the company has been modernizing, pointing to the SMB business, which is now cloud-based; however, he did admit that business is only \""almost\"" as high-margin as SMB rival Paychex . To determine who's right, one would have to project the returns on Ackman's projected investment, and what risks such an investment might pose. 10 stocks we like better than Automatic Data Processing When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Automatic Data Processing wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 1, 2017 Billy Duberstein has no position in any of the stocks mentioned. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Files Investor Presentation, Urges Stockholders To Vote The WHITE Proxy Card Today""]" ADP,2017-09-13,96.7967,96.8834,96.1487,96.1881,"[""Pershing Square Issues Response To ADP Presentation"", ""UPDATE: Pershing Says ADP's Recent 'Focused Transformation Strategy' Presentation Shows 'a lack of recognition for the enormous value-creation opportunity that exists at ADP'"", ""UPDATE: Pershing Says ADP's Projected Results From 'Focused Transformation Strategy' 'will not drive any meaningful margin expansion'"", ""UPDATE: Pershing Says Results Of ADP's Recent 'Focused Transformation Strategy' Presentation 'driven almost entirely by the inherent operating leverage in the business, with essentially no contribution from initiatives under mgmt's control'"", ""UPDATE: Pershing Says Results Of ADP's Recent 'Focused Transformation Strategy' Presentation 'driven almost entirely by the inherent operating leverage in the business, with essentially no contribution from initiatives under mgmt's control'"", ""UPDATE: Pershing Says ADP's Projected Results From 'Focused Transformation Strategy' 'will not drive any meaningful margin expansion'"", ""UPDATE: Pershing Says ADP's Recent 'Focused Transformation Strategy' Presentation Shows 'a lack of recognition for the enormous value-creation opportunity that exists at ADP'"", ""Pershing Square Issues Response To ADP Presentation"", ""UPDATE: Pershing Says Results Of ADP's Recent 'Focused Transformation Strategy' Presentation 'driven almost entirely by the inherent operating leverage in the business, with essentially no contribution from initiatives under mgmt's control'"", ""UPDATE: Pershing Says ADP's Projected Results From 'Focused Transformation Strategy' 'will not drive any meaningful margin expansion'"", ""UPDATE: Pershing Says ADP's Recent 'Focused Transformation Strategy' Presentation Shows 'a lack of recognition for the enormous value-creation opportunity that exists at ADP'"", ""Pershing Square Issues Response To ADP Presentation""]" ADP,2017-09-14,95.6812,96.2168,95.4051,95.8174,"[""ADP Sends Letter To Holders: Urges Supporting Of Co.'s 'Highly Qualified Slate of Directors by Voting the WHITE Proxy Card Today'"", ""ADP Sends Letter To Holders: Urges Supporting Of Co.'s 'Highly Qualified Slate of Directors by Voting the WHITE Proxy Card Today'"", ""ADP Sends Letter To Holders: Urges Supporting Of Co.'s 'Highly Qualified Slate of Directors by Voting the WHITE Proxy Card Today'""]" ADP,2017-09-15,95.8875,96.7099,95.338,95.8075,"[""13D/A Filing From Pershing Square Shows 8.3% Stake In ADP"", ""13D/A Filing From Pershing Square Shows 8.3% Stake In ADP"", ""13D/A Filing From Pershing Square Shows 8.3% Stake In ADP""]" ADP,2017-09-18,95.8411,95.9564,95.338,95.5965, ADP,2017-09-19,95.9466,96.634,95.7295,96.4387, ADP,2017-09-20,96.5649,96.8549,95.3953,95.8411,"[""Pershing Square Issues Letter To Holders, Highlights Significant Opportunity For Improvement At ADP"", ""Bill Ackman Tweets: Follow @ADPascending for the latest on our proxy contest with $ADP SEC Disclaimer: adpascending.com/proxy-material\u2026"", ""Pershing's Bill Ackman To Go On CNBC's Halftime Report Today At 12pm ET to Discuss ADP"", ""ADP Shares At Session Lows, Down ~0.3% Over Last 20 Mins"", ""New York Post Out With Report Titled 'Leon Cooperman says Ackman's attack on ADP is 'disgraceful''"", ""ADP Shares At Session Lows, Down 0.75% As Bill Ackman Is Beginning Interview On CNBC"", ""Bill Ackman On CNBC Says ADP Has Massively Underperformed Its Potential"", ""Bill Ackman On CNBC Says ADP Is At Risk Of Becoming IBM"", ""Bill Ackman On CNBC Says Leon Cooperman Comments On 8/7/2017 On CNBC Were Made Before Seeing Pershing's Presentation"", ""Bill Ackman On ADP Says 'Shouldn't Be A High-Touch Company,' Referring To Previous Positive Comments By Omega's Leon Cooperman"", ""Bill Ackman On CNBC Says ADP's Competitive Landscape Has Changed Over Past 6 Years And Its Model Doesn't Work Today"", ""Pershing's Bill Ackman Says They Plan To Own ADP For 4-6 Years"", ""ADP Shares Down 0.6% As Bill Ackman Still Discussing Co. On CNBC, Says He Wants To Work With CEO Carlos Rodriguez And Rest Of Mgmt."", ""Bill Ackman On How To Improve ADP: 'There Is A Lot Of Hand-Holding'"", ""Bill Ackman On How To Improve ADP: 'There Is A Lot Of Hand-Holding'"", ""ADP Shares Down 0.6% As Bill Ackman Still Discussing Co. On CNBC, Says He Wants To Work With CEO Carlos Rodriguez And Rest Of Mgmt."", ""Pershing's Bill Ackman Says They Plan To Own ADP For 4-6 Years"", ""Bill Ackman On CNBC Says ADP's Competitive Landscape Has Changed Over Past 6 Years And Its Model Doesn't Work Today"", ""Bill Ackman On ADP Says 'Shouldn't Be A High-Touch Company,' Referring To Previous Positive Comments By Omega's Leon Cooperman"", ""Bill Ackman On CNBC Says Leon Cooperman Comments On 8/7/2017 On CNBC Were Made Before Seeing Pershing's Presentation"", ""Bill Ackman On CNBC Says ADP Is At Risk Of Becoming IBM"", ""Bill Ackman On CNBC Says ADP Has Massively Underperformed Its Potential"", ""ADP Shares At Session Lows, Down 0.75% As Bill Ackman Is Beginning Interview On CNBC"", ""New York Post Out With Report Titled 'Leon Cooperman says Ackman's attack on ADP is 'disgraceful''"", ""ADP Shares At Session Lows, Down ~0.3% Over Last 20 Mins"", ""Pershing's Bill Ackman To Go On CNBC's Halftime Report Today At 12pm ET to Discuss ADP"", ""Bill Ackman Tweets: Follow @ADPascending for the latest on our proxy contest with $ADP SEC Disclaimer: adpascending.com/proxy-material\u2026"", ""Pershing Square Issues Letter To Holders, Highlights Significant Opportunity For Improvement At ADP"", ""Bill Ackman On How To Improve ADP: 'There Is A Lot Of Hand-Holding'"", ""ADP Shares Down 0.6% As Bill Ackman Still Discussing Co. On CNBC, Says He Wants To Work With CEO Carlos Rodriguez And Rest Of Mgmt."", ""Pershing's Bill Ackman Says They Plan To Own ADP For 4-6 Years"", ""Bill Ackman On CNBC Says ADP's Competitive Landscape Has Changed Over Past 6 Years And Its Model Doesn't Work Today"", ""Bill Ackman On ADP Says 'Shouldn't Be A High-Touch Company,' Referring To Previous Positive Comments By Omega's Leon Cooperman"", ""Bill Ackman On CNBC Says Leon Cooperman Comments On 8/7/2017 On CNBC Were Made Before Seeing Pershing's Presentation"", ""Bill Ackman On CNBC Says ADP Is At Risk Of Becoming IBM"", ""Bill Ackman On CNBC Says ADP Has Massively Underperformed Its Potential"", ""ADP Shares At Session Lows, Down 0.75% As Bill Ackman Is Beginning Interview On CNBC"", ""New York Post Out With Report Titled 'Leon Cooperman says Ackman's attack on ADP is 'disgraceful''"", ""ADP Shares At Session Lows, Down ~0.3% Over Last 20 Mins"", ""Pershing's Bill Ackman To Go On CNBC's Halftime Report Today At 12pm ET to Discuss ADP"", ""Bill Ackman Tweets: Follow @ADPascending for the latest on our proxy contest with $ADP SEC Disclaimer: adpascending.com/proxy-material\u2026"", ""Pershing Square Issues Letter To Holders, Highlights Significant Opportunity For Improvement At ADP""]" ADP,2017-09-21,96.0709,96.3321,95.7395,95.8174, ADP,2017-09-22,95.491,97.4032,95.3756,97.0501, ADP,2017-09-25,96.8263,97.7198,96.3815,97.638,"[""Pershing Square Says ADP Overstates the Total Shareholder Return During CEO Carlos Rodriguez's Tenure by 62% Points; Actual Returns Are 24% Points Lower Than Peers"", ""Pershing Square Says ADP Overstates the Total Shareholder Return During CEO Carlos Rodriguez's Tenure by 62% Points; Actual Returns Are 24% Points Lower Than Peers"", ""Pershing Square Says ADP Overstates the Total Shareholder Return During CEO Carlos Rodriguez's Tenure by 62% Points; Actual Returns Are 24% Points Lower Than Peers""]" ADP,2017-09-26,97.9357,98.2366,97.0975,97.1271, ADP,2017-09-27,97.3845,98.631,97.0205,98.3451, ADP,2017-09-28,97.9159,98.2266,96.9427,97.8184,"[""Pershing Square Releases Letter to Shareholders That Highlights A Series Of Questions For ADP"", ""Pershing Square Releases Letter to Shareholders That Highlights A Series Of Questions For ADP"", ""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for September 29, 2017 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on September 29, 2017. A cash dividend payment of $0.113 per share is scheduled to be paid on October 20, 2017. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that TYPE has paid the same dividend. At the current stock price of $18.95, the dividend yield is 2.39%. The previous trading day's last sale of TYPE was $18.95, representing a -22.49% decrease from the 52 week high of $24.45 and a 20.32% increase over the 52 week low of $15.75. TYPE is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). TYPE's current earnings per share, an indicator of a company's profitability, is $.03. Zacks Investment Research reports TYPE's forecasted earnings growth in 2017 as -93.22%, compared to an industry average of 8.6%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pershing Square Releases Letter to Shareholders That Highlights A Series Of Questions For ADP""]" ADP,2017-09-29,97.9062,98.4437,97.7987,98.0826,"[""Pershing Square Issues An 'Update' On ADP, Summarizing Press Releases It Issued This Week"", ""Pershing Square Issues An 'Update' On ADP, Summarizing Press Releases It Issued This Week"", ""Pershing Square Issues An 'Update' On ADP, Summarizing Press Releases It Issued This Week""]" ADP,2017-10-02,97.985,98.2168,97.3845,98.0826,"After Hours Most Active for Oct 2, 2017 : ETP, AEG, GE, MDLZ, ON, TSU, ADP, GM, ISBC, PAH, QQQ, CTXS The NASDAQ 100 After Hours Indicator is down -1.58 to 5,980.34. The total After hours volume is currently 58,727,218 shares traded. The following are the most active stocks for the after hours session : Energy Transfer Partners, L.P. ( ETP ) is unchanged at $18.34, with 15,616,831 shares traded. As reported by Zacks, the current mean recommendation for ETP is in the ""buy range"". Aegon NV ( AEG ) is -0.05 at $5.71, with 10,625,000 shares traded. AEG's current last sale is 103.82% of the target price of $5.5. General Electric Company ( GE ) is +0.09 at $24.66, with 5,278,068 shares traded. GE's current last sale is 91.33% of the target price of $27. Mondelez International, Inc. ( MDLZ ) is unchanged at $41.10, with 3,948,207 shares traded. As reported by Zacks, the current mean recommendation for MDLZ is in the ""buy range"". ON Semiconductor Corporation ( ON ) is unchanged at $18.79, with 3,791,344 shares traded., following a 52-week high recorded in today's regular session. TIM Participacoes S.A. ( TSU ) is unchanged at $18.30, with 2,002,322 shares traded. As reported by Zacks, the current mean recommendation for TSU is in the ""buy range"". Automatic Data Processing, Inc. ( ADP ) is unchanged at $109.32, with 1,897,413 shares traded. ADP's current last sale is 104.11% of the target price of $105. General Motors Company ( GM ) is +0.06 at $42.21, with 1,750,559 shares traded., following a 52-week high recorded in today's regular session. Investors Bancorp, Inc. ( ISBC ) is unchanged at $13.74, with 1,703,199 shares traded. ISBC's current last sale is 98.14% of the target price of $14. Platform Specialty Products Corporation ( PAH ) is unchanged at $11.34, with 1,577,810 shares traded. As reported by Zacks, the current mean recommendation for PAH is in the ""buy range"". PowerShares QQQ Trust, Series 1 ( QQQ ) is -0.06 at $145.52, with 1,445,038 shares traded. This represents a 28.27% increase from its 52 Week Low. Citrix Systems, Inc. ( CTXS ) is unchanged at $79.50, with 1,361,589 shares traded. CTXS's current last sale is 94.93% of the target price of $83.75. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-10-03,98.3648,99.5984,98.1123,99.3512,"[""Paychex (PAYX) Soars on Q1 Earnings Beat and Upbeat '18 View Paychex Inc.PAYX commenced fiscal 2018 on an impressive note, reporting solid results for the fiscal first quarter, wherein the top and bottom lines, both, came ahead of the respective Zacks Consensus Estimate. Moreover, the company registered year-over year improvement on both the counts. The company reported non-GAAP earnings per share of 62 cents, which beat the Zacks Consensus Estimate by a couple of cents and grew 11% year over year. The upside mainly stemmed from higher revenues and efficient cost management. Shares of Paychex were trading up nearly 5% at the time of posting this blog. Notably, the stock has returned 10.3% in the last three months, outperforming 6.1% growth recorded by the industry . Quarter Details Paychex reported total revenues (including interest on funds held for clients) of $816.8 million, up 4% year over year. Excluding interest on funds held for its clients, total services revenues (Payroll service and Human Resource Services) ascended 4% year over year to $803.1 million. The Zacks Consensus Estimate was pegged at $816 million. Payroll Service segment revenues went up 2% from the year-ago period to $457.8 million, primarily on the back of higher revenues per check and client base. Human Resource Services segment revenues rose 7% year over year to $345.3 million, chiefly driven by strong growth in client base and worksite employees, elevated revenues from retirement, as well as online HR administration services. The growth was partially offset by tough comparisons wherein the segment's revenues benefited from the implementation of the Affordable Care Act. Interest on funds held for clients increased 14% on a year-over-year basis to $13.7 million, mainly benefiting from higher average interest rates earned. Paychex's total expenses flared up 2% from the year-ago tally to $471.8 million due to increased investments in technology and PEO business. Acquisition related expenses also contributed to this increase. However, total expenses, as a percentage of total revenues, contracted 110 basis points (bps) to 57.8%. The company's operating income grew 7% year over year to $345 million. In addition, Paychex's operating margin expanded 110 bps to 42.2%, chiefly driven by lower total expenses as a percentage of revenues. Net income came in at $227.8 million, up from $217.4 million reported in the prior-year quarter. Balance Sheet & Cash Flow Paychex exited the fiscal first quarter with cash, cash equivalents and corporate investments of $368.2 million compared with $323.4 million recorded at the end of the previous quarter. The company has no long-term debt. It generated operating cash flow of $343.6 million during the reported quarter. During the quarter, Paychex paid $179.1 million as dividend and repurchased shares worth $94.1 million. Guidance Buoyed by splendid fiscal first-quarter results, the company raised its revenues outlook. The company now anticipates total revenues to jump 6%, up from the previous estimate of 5%. This translates to revenues of $3.34 billion, which is higher than the Zacks Consensus Estimate of $3.31 billion. Human Resource Services revenues are now projected to grow in the range of 12-14%, up from 8-10% projected earlier. Apart from this, the company revised its guidance for operating margin and effective tax rate. Operating margin is anticipated to be between 39% and 40% compared with the previous guidance of approximately 40%. Effective income tax rate is now projected to be in the band of 35-35.5%, down from the previous estimate of 35.5-36%. All other guidance provided during fourth-quarter fiscal 2017 results remained unchanged. Management expects Payroll Service revenues to climb year over year in the range of 1-2%, while Interest on funds held for clients and investment income is expected to grow in the mid-to-upper-teen range. Net income is still likely to advance 5% year over year on a GAAP basis and 7% on a non-GAAP basis. Non-GAAP earnings per share are estimated to be up in the range of 7-8%, which comes to $2.35-$2.38. The Zacks Consensus Estimate is currently pegged at $2.37. Our Take In the fiscal first quarter, Paychex's earnings and revenues both surpassed the respective Zacks Consensus Estimate. Moreover, the year-over-year improvement on both counts is encouraging. Furthermore, the company's upbeat revenue guidance for the fiscal is impressive. Paychex's investments in product development, technology and focus on building its sales force to support revenue growth boost our optimism. We also believe the company's expansion initiatives, such as joint ventures and acquisitions, will likely support its long-term growth strategy. Product launches are likely to be the other growth drivers. Also, Paychex's focus on small- and mid-sized businesses looking for HR solutions could provide growth opportunities. However, unfavorable interest rates and competition from Automatic Data Processing ADP and Insperity NSP remain key concerns. Currently, Paychex has a Zacks Rank #3 (Hold). A better-ranked stock in the broader technology sector is Synaptics Inc. SYNA , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . The stock has a long-term EPS growth rate of 15%. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Synaptics Incorporated (SYNA): Free Stock Analysis Report Insperity, Inc. (NSP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Paychex, Inc. (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""IYJ, CAT, CSX, ADP: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Industrials ETF (Symbol: IYJ) where we have detected an approximate $76.8 million dollar inflow -- that's a 7.9% increase week over week in outstanding units (from 7,000,000 to 7,550,000). Among the largest underlying components of IYJ, in trading today Caterpillar Inc. (Symbol: CAT) is trading flat, CSX Corp (Symbol: CSX) is down about 1.4%, and Automatic Data Processing Inc. (Symbol: ADP) is higher by about 1.3%. For a complete list of holdings, visit the IYJ Holdings page \u00bb The chart below shows the one year price performance of IYJ, versus its 200 day moving average: Looking at the chart above, IYJ's low point in its 52 week range is $109.83 per share, with $139.93 as the 52 week high point - that compares with a last trade of $139.74. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Lennar's Extraordinary Run After a busy week of new economic data - as well as speeches from members of the Federal Open Market Committee (FOMC) - last week, this week we look toward September employment metrics. The first of these will come out ahead of the opening bell tomorrow with the ADP ADP private-sector jobs totals for last month, followed by Friday's all-encompassing non-farm payroll results from the Bureau of Labor Statistics. Expectations are for roughly 150-160K new jobs for the month, with the unemployment rate holding steady at 4.4%. However, sometimes an earnings report from a particular company can illustrate the relative health of industries on a more macro-level, and this morning we see results from new home builder Lennar Corp. LEN . This company has now beaten earnings estimates for the seventh straight quarter, which is impressive. Other reads also point to a solid fiscal Q3 2017 (August), which include improved demand and higher price points along the way. Lennar is based in Miami, FL, which took an indirect hit from Hurricane Irma a month ago. However, we don't see much negative impact in the company's Q3 as a result; this will likely become more obvious in the company's Q4 report (and possibly beyond). For a more extensive look at this Zacks Rank #3 (Hold) company's earnings report, click here. Q3 earnings of $1.06 per share topped expectations by a nickel. Revenues in the quarter rose 15% year over year to $3.26 billion, ahead of the $3.22 billion in the Zacks consensus. A higher number than expected of new homes delivered was cited for the company's outperformance. Lennar also saw an increase of 20 basis points on home sales gross margin, and financial services rose 12.3% year over year. Part of this came from very impressive multi-family home sales growth, up 26.7% from Q3 2016 to $103.4 million in the quarter. Further, expenses were ratcheted down a tad in Q3, with SG&A costs down 9.2% year over year. So what we see in microcosm here - and it will take reports from Lennar competitors such as D.R. Horton DHI and Beazer Homes BZH in weeks to come to flesh out these narratives - that the new home market is showing signs of growth. They look modest, but the numbers are all pointed in the right direction. And as new homes are bought by families currently in rental units and/or at home with Mom and Dad, this opens up availability for more consumers to enter those rental units. Those in starter homes may more easily upgrade to their \""dream homes,\"" helping accelerate the cycle. This is especially important as the baby boomer generation decides to downsize to smaller homes and assisted living facilities. The pre-market is up again across the board, following a new set of all-time closing highs for the Dow, Nasdaq and S&P 500. Even the more volatile Russell 2000 Small-Cap looks strong. Find out more from Zacks Exec VP Kevin Matras' latest Profit from the Pros: October Off to a Great Start . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lennar Corporation (LEN): Free Stock Analysis Report D.R. Horton, Inc. (DHI): Free Stock Analysis Report Beazer Homes USA, Inc. (BZH): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ahead of Jobs Data, Lennar Beats on Home Sales Tuesday, October 3, 2017 After a busy week of new economic data - as well as speeches from members of the Federal Open Market Committee (FOMC) - last week, this week we look toward September employment metrics. The first of these will come out ahead of the opening bell tomorrow with the ADP ADP private-sector jobs totals for last month, followed by Friday's all-encompassing non-farm payroll results from the Bureau of Labor Statistics. Expectations are for roughly 150-160K new jobs for the month, with the unemployment rate holding steady at 4.4%. However, sometimes an earnings report from a particular company can illustrate the relative health of industries on a more macro-level, and this morning we see results from new home builder Lennar Corp. LEN . This company has now beaten earnings estimates for the seventh straight quarter, which is impressive. Other reads also point to a solid fiscal Q3 2017 (August), which include improved demand and higher price points along the way. Lennar is based in Miami, FL, which took an indirect hit from Hurricane Irma a month ago. However, we don't see much negative impact in the company's Q3 as a result; this will likely become more obvious in the company's Q4 report (and possibly beyond). For a more extensive look at this Zacks Rank #3 (Hold) company's earnings report, click here. Q3 earnings of $1.06 per share topped expectations by a nickel. Revenues in the quarter rose 15% year over year to $3.26 billion, ahead of the $3.22 billion in the Zacks consensus. A higher number than expected of new homes delivered was cited for the company's outperformance. Lennar also saw an increase of 20 basis points on home sales gross margin, and financial services rose 12.3% year over year. Part of this came from very impressive multi-family home sales growth, up 26.7% from Q3 2016 to $103.4 million in the quarter. Further, expenses were ratcheted down a tad in Q3, with SG&A costs down 9.2% year over year. So what we see in microcosm here - and it will take reports from Lennar competitors such as D.R. Horton DHI and Beazer Homes BZH in weeks to come to flesh out these narratives - that the new home market is showing signs of growth. They look modest, but the numbers are all pointed in the right direction. And as new homes are bought by families currently in rental units and/or at home with Mom and Dad, this opens up availability for more consumers to enter those rental units. Those in starter homes may more easily upgrade to their \""dream homes,\"" helping accelerate the cycle. This is especially important as the baby boomer generation decides to downsize to smaller homes and assisted living facilities. The pre-market is up again across the board, following a new set of all-time closing highs for the Dow, Nasdaq and S&P 500. Even the more volatile Russell 2000 Small-Cap looks strong. Find out more from Zacks Exec VP Kevin Matras' latest Profit from the Pros: October Off to a Great Start . Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Can Hackers Put Money INTO Your Portfolio??????? Earlier this month, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.?????? Zacks has just released Cybersecurity! An Investor's Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.?????? Download the new report now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lennar Corporation (LEN): Free Stock Analysis Report D.R. Horton, Inc. (DHI): Free Stock Analysis Report Beazer Homes USA, Inc. (BZH): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Named A Top Socially Responsible Dividend Stock Automatic Data Processing Inc. (Symbol: ADP) has been named a Top Socially Responsible Dividend Stock by Dividend Channel , signifying a stock with above-average ''DividendRank'' statistics including a strong 2.1% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society - for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel , Automatic Data Processing Inc. is a member of the iShares USA ESG Select ETF ( SUSA ), making up 0.49% of the underlying holdings of the fund, which owns $4,381,580 worth of ADP shares. The annualized dividend paid by Automatic Data Processing Inc. is $2.28/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 09/07/2017. Below is a long-term dividend history chart for ADP, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. ADP operates in the Information Technology Services sector, among companies like International Business Machines Corp ( IBM ), and Accenture plc ( ACN ). Top 25 Socially Responsible Dividend Stocks - Income To Feel Good About \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-10-04,99.3016,99.9726,98.4042,99.9328,"[""ADP Option Alert: Nov 17 $110 Calls at the Ask: 2000 @ $3.701 vs 1584 OI; Ref=$110.28"", ""Scott Wapner Tweets: Big @MadMoneyOnCNBC tonight as @BillAckman joins @jimcramer for the latest on his battle with $ADP 6pm on @CNBC"", ""Benzinga's Option Alert Recap From October 4"", ""REMINDER: Pershing Square's Bill Ackman Earlier Tweeted: 'I will be on @jimcramer tonight at 6pm to discuss $ADP. Hope you can watch.'"", ""Manitowoc Spikes to High of $9.67 After-Hours Following CNBC Mention"", ""Manitowoc Spikes to High of $9.67 After-Hours Following CNBC Mention"", ""REMINDER: Pershing Square's Bill Ackman Earlier Tweeted: 'I will be on @jimcramer tonight at 6pm to discuss $ADP. Hope you can watch.'"", ""Benzinga's Option Alert Recap From October 4"", ""Scott Wapner Tweets: Big @MadMoneyOnCNBC tonight as @BillAckman joins @jimcramer for the latest on his battle with $ADP 6pm on @CNBC"", ""ADP Option Alert: Nov 17 $110 Calls at the Ask: 2000 @ $3.701 vs 1584 OI; Ref=$110.28"", ""Manitowoc Spikes to High of $9.67 After-Hours Following CNBC Mention"", ""REMINDER: Pershing Square's Bill Ackman Earlier Tweeted: 'I will be on @jimcramer tonight at 6pm to discuss $ADP. Hope you can watch.'"", ""Benzinga's Option Alert Recap From October 4"", ""Scott Wapner Tweets: Big @MadMoneyOnCNBC tonight as @BillAckman joins @jimcramer for the latest on his battle with $ADP 6pm on @CNBC"", ""ADP Option Alert: Nov 17 $110 Calls at the Ask: 2000 @ $3.701 vs 1584 OI; Ref=$110.28""]" ADP,2017-10-05,100.406,101.944,100.012,101.906,"[""Watch These 8 Huge Call Purchases In Thursday Trade"", ""Pershing Square Releases Third Public Question To ADP"", ""ADP Reports Purchase Of Global Cash Card, No Terms Disclosed"", ""Bill Ackman's New Question To ADP: Why Is Revenue Productivity Lower Versus Competitors"", ""ADP Sends Letter To Shareholders Urging Them To Vote The WHITE Proxy Card At Nov. 7th Meeting"", ""ADP Sends Letter To Shareholders Urging Them To Vote The WHITE Proxy Card At Nov. 7th Meeting"", ""Bill Ackman's New Question To ADP: Why Is Revenue Productivity Lower Versus Competitors"", ""ADP Reports Purchase Of Global Cash Card, No Terms Disclosed"", ""Pershing Square Releases Third Public Question To ADP"", ""Watch These 8 Huge Call Purchases In Thursday Trade"", ""ADP Sends Letter To Shareholders Urging Them To Vote The WHITE Proxy Card At Nov. 7th Meeting"", ""Bill Ackman's New Question To ADP: Why Is Revenue Productivity Lower Versus Competitors"", ""ADP Reports Purchase Of Global Cash Card, No Terms Disclosed"", ""Pershing Square Releases Third Public Question To ADP"", ""Watch These 8 Huge Call Purchases In Thursday Trade""]" ADP,2017-10-06,101.847,102.044,101.037,101.817, ADP,2017-10-09,101.787,102.329,101.53,101.906,"[""Caesars Entertainment Outsourcing Its Payroll Services To ADP"", ""Caesars Entertainment Outsourcing Its Payroll Services To ADP"", ""Caesars Entertainment Outsourcing Its Payroll Services To ADP""]" ADP,2017-10-10,101.934,102.398,101.55,102.369,"[""Ackman Buys Ads in Newspapers, On Social Media to Inform ADP Shareholders of Tuesday Webcast -NY Post"", ""Ackman Buys Ads in Newspapers, On Social Media to Inform ADP Shareholders of Tuesday Webcast -NY Post"", ""Ackman Buys Ads in Newspapers, On Social Media to Inform ADP Shareholders of Tuesday Webcast -NY Post""]" ADP,2017-10-11,102.517,102.635,100.86,101.471, ADP,2017-10-12,101.383,101.954,101.313,101.906, ADP,2017-10-13,102.438,102.645,101.433,102.151, ADP,2017-10-16,102.201,102.931,101.974,102.803,"[""Pershing Releases PR Stating 83% of ADP's Current Long Shareholders Surveyed Support Pershing Square's Involvement in ADP"", ""Pershing Releases PR Stating 83% of ADP's Current Long Shareholders Surveyed Support Pershing Square's Involvement in ADP"", ""Pershing Releases PR Stating 83% of ADP's Current Long Shareholders Surveyed Support Pershing Square's Involvement in ADP""]" ADP,2017-10-17,102.359,102.388,101.6,102.034, ADP,2017-10-18,102.004,102.714,101.886,102.221,"[""UPDATE: ADP Urges Holders To Re-Elect Co.'s Board By Voting On WHITE Proxy Card"", ""ADP Issues Letter To Holders, Releases Video From CEO, Chairman"", ""UPDATE: ADP Urges Holders To Re-Elect Co.'s Board By Voting On WHITE Proxy Card"", ""ADP Issues Letter To Holders, Releases Video From CEO, Chairman"", ""UPDATE: ADP Urges Holders To Re-Elect Co.'s Board By Voting On WHITE Proxy Card"", ""ADP Issues Letter To Holders, Releases Video From CEO, Chairman"", ""ADP urges shareholders to re-elect board, reject Bill Ackman's nominees Automatic Data Processing Inc. on Wednesday urged shareholders to re-elect its \""highly qualified\"" board at its annual shareholder meeting scheduled for Nov. 7. The company released a video of Chief Executive Carols Rodriguez and Chairman John Jones outlining the company's transformation and the execution of its strategy. The company said Bill Ackman's hedge fund Pershing Square, which has built a 2% stake in the company and is seeking changes including up to 30% of board seats, has \""no technology or human capital management experience, both of which are critical to the future of ADP. Mr. Ackman also has not articulated any specific plans for how he would achieve the massive margin increases he has targeted,\"" the company said in a statement. ADP shares have gained 10% in 2017, while the S&P 500 has gained 14%.""]" ADP,2017-10-19,102.241,102.872,101.649,102.842,"[""Pershing Square Issues Release Asking 4 Additional Questions For ADP"", ""Pershing Square Issues Release Asking 4 Additional Questions For ADP"", ""Pershing Square Issues Release Asking 4 Additional Questions For ADP""]" ADP,2017-10-20,103.167,104.144,102.783,104.025, ADP,2017-10-23,104.312,105.702,103.601,104.962,"[""Pershing Square Releases Seventh Question for ADP, Firm Says Co. Failed To Answer Any Of The First Six Questions"", ""CNBC's Scott Wapner Tweets: Glass Lewis sides with Ackman in proxy battle with $ADP. Says \""Pershing Square has argued the more convincing case...\"""", ""ADP Issues Release Highlighting Co. 'Strongly Disagree's With Glass Lewis Recommendation For Election Of Directors"", ""Press Release Confirms Glass Lewis Recommends ADP Shareholders Vote FOR ALL Three Pershing Square Nominees on GOLD Proxy Card"", ""Press Release Confirms Glass Lewis Recommends ADP Shareholders Vote FOR ALL Three Pershing Square Nominees on GOLD Proxy Card"", ""ADP Issues Release Highlighting Co. 'Strongly Disagree's With Glass Lewis Recommendation For Election Of Directors"", ""CNBC's Scott Wapner Tweets: Glass Lewis sides with Ackman in proxy battle with $ADP. Says \""Pershing Square has argued the more convincing case...\"""", ""Pershing Square Releases Seventh Question for ADP, Firm Says Co. Failed To Answer Any Of The First Six Questions"", ""Press Release Confirms Glass Lewis Recommends ADP Shareholders Vote FOR ALL Three Pershing Square Nominees on GOLD Proxy Card"", ""ADP Issues Release Highlighting Co. 'Strongly Disagree's With Glass Lewis Recommendation For Election Of Directors"", ""CNBC's Scott Wapner Tweets: Glass Lewis sides with Ackman in proxy battle with $ADP. Says \""Pershing Square has argued the more convincing case...\"""", ""Pershing Square Releases Seventh Question for ADP, Firm Says Co. Failed To Answer Any Of The First Six Questions""]" ADP,2017-10-24,104.686,105.248,104.124,104.499,"[""Pershing Square Issues Release Highlighting Egan-Jones Recommends ADP Holders Vote FOR All 3 Of Fund's Nominees For Co. Board On GOLD Proxy Card"", ""Pershing Square Issues Release Highlighting Egan-Jones Recommends ADP Holders Vote FOR All 3 Of Fund's Nominees For Co. Board On GOLD Proxy Card"", ""Pershing Square Issues Release Highlighting Egan-Jones Recommends ADP Holders Vote FOR All 3 Of Fund's Nominees For Co. Board On GOLD Proxy Card""]" ADP,2017-10-25,104.331,104.716,103.295,104.381,"[""Pershing Square Highlights ISS Recommended ADP Holders Elect Pershing Square's Bill Ackman To Board"", ""Pershing Square Highlights ISS Recommended ADP Holders Elect Pershing Square's Bill Ackman To Board"", ""Pershing Square Highlights ISS Recommended ADP Holders Elect Pershing Square's Bill Ackman To Board""]" ADP,2017-10-26,105.209,105.752,104.706,105.248,"[""ADP Sends Letter to Shareholders"", ""ADP Sends Letter to Shareholders"", ""ADP Sends Letter to Shareholders""]" ADP,2017-10-27,104.805,106.285,104.331,106.106,"[""Pershing Square Publishes Letter to Shareholders On Their 8th Question For ADP"", ""Pershing Square Publishes Letter to Shareholders On Their 8th Question For ADP"", ""Pershing Square Publishes Letter to Shareholders On Their 8th Question For ADP"", ""Companies with boring, generic names often beat the broader stock market Who knew Packaging Corp. of America and Global Payments Inc. were such high-fliers? Who knew Packaging Corp. of America and Global Payments Inc. were such high-fliers? By Phil van Doorn.""]" ADP,2017-10-30,105.87,106.028,104.578,104.933,"[""Tokio Marine Asset Management Co Ltd Buys DowDuPont Inc, EQT Corp, Automatic Data Processing ..."", ""ADP Chairman John Jones Sends a Letter to Stockholders"", ""Pershing Square Issues Release Highlighting Demand ADP Provide Supporting Details Or Immediately Retract Misleading Claim About Plans To Improve Operating Margins"", ""Pershing Square Sends Letter to ISS Regarding ADP, Asks Shareholders To Vote GOLD Proxy Card"", ""Pershing's Ackman Says ADP Provided Inaccurate and Misleading Info To ISS, Asks ISS To Reconsider Conclusions From Last Week's Report And Issue An Alert Report With Updated Voting Recommendations"", ""Pershing's Ackman Says ADP Provided Inaccurate and Misleading Info To ISS, Asks ISS To Reconsider Conclusions From Last Week's Report And Issue An Alert Report With Updated Voting Recommendations"", ""Pershing Square Sends Letter to ISS Regarding ADP, Asks Shareholders To Vote GOLD Proxy Card"", ""Pershing Square Issues Release Highlighting Demand ADP Provide Supporting Details Or Immediately Retract Misleading Claim About Plans To Improve Operating Margins"", ""ADP Chairman John Jones Sends a Letter to Stockholders"", ""Tokio Marine Asset Management Co Ltd Buys DowDuPont Inc, EQT Corp, Automatic Data Processing ..."", ""Pershing's Ackman Says ADP Provided Inaccurate and Misleading Info To ISS, Asks ISS To Reconsider Conclusions From Last Week's Report And Issue An Alert Report With Updated Voting Recommendations"", ""Pershing Square Sends Letter to ISS Regarding ADP, Asks Shareholders To Vote GOLD Proxy Card"", ""Pershing Square Issues Release Highlighting Demand ADP Provide Supporting Details Or Immediately Retract Misleading Claim About Plans To Improve Operating Margins"", ""ADP Chairman John Jones Sends a Letter to Stockholders"", ""Tokio Marine Asset Management Co Ltd Buys DowDuPont Inc, EQT Corp, Automatic Data Processing ...""]" ADP,2017-10-31,104.834,105.091,104.075,104.312,"[""Will Markets Stay Spooked This Halloween?"", ""ADP's Q1 Earnings to Gain From Higher Bookings, PEO Revenues"", ""ADP Corrects False and Misleading Statements by Pershing Square, Says They Will Be Submitting A Complaint To SEC Regarding Ackman's Reckless and Unfounded Assertions Regarding The Company"", ""Pershing Square Issues Release Highlighting 3rd In A Series Of Videos For ADP Shareholders"", ""Pershing Square Issues Release Highlighting 3rd In A Series Of Videos For ADP Shareholders"", ""ADP Corrects False and Misleading Statements by Pershing Square, Says They Will Be Submitting A Complaint To SEC Regarding Ackman's Reckless and Unfounded Assertions Regarding The Company"", ""Will Markets Stay Spooked This Halloween?"", ""ADP's Q1 Earnings to Gain From Higher Bookings, PEO Revenues"", ""ADP's Q1 Earnings to Gain From Higher Bookings, PEO Revenues Automatic Data Processing IncADP is set to release first-quarter fiscal 2018 earnings on Nov 2. Notably, the company beat the Zacks Consensus Estimate in three of the trailing four quarters, with an average positive surprise of 5.65%. Last quarter, ADP delivered a negative earnings surprise of 2.99%. Adjusted earnings of 66 cents per share increased 4% on a year-over-year basis on revenues of $3.07 billion, which increased 5.7%. Notably, the stock has returned 13.8% year to date, substantially outperforming the 6.7% rally of the industry . Let's see how things are shaping up for this announcement. Key Factors to Watch For ADP's top-line growth is anticipated to be 5% in the quarter, which is in the lower end of its 5-6% growth forecast for fiscal 2018. We expect improving bookings to positively affect revenues along with strong growth in the Professional Employer Organization (PEO) Services segment. The Zacks Consensus Estimate for revenues is currently pegged at $3.06 million. The consensus estimate for the PEO Services segment is $892 million. Automatic Data Processing, Inc. Price and EPS Surprise Automatic Data Processing, Inc. Price and EPS Surprise | Automatic Data Processing, Inc. Quote However, elevated spending on service and sales along with the charges related to Service Alignment Initiative will keep margins under pressure in the soon-to-be-reported quarter. Moreover, higher tax rate will also dent profitability. Further, the ongoing proxy fight with Bill Ackman's Pershing Square will remain an overhang on the stock. Earnings Whispers Our proven model does not conclusively show that ADP is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here, as you will see below. Zacks ESP : ADP's Earnings ESP is -0.35%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter . Zacks Rank : ADP carries a Zacks Rank #3 (Hold), which when combined with a -0.35% ESP makes surprise prediction difficult. We caution against stocks with a Zacks Rank #4 and 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions. Stocks to Consider Here are some companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter: Kemet Corporation KEM has an Earnings ESP of +7.46% and sports a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here. Broadridge Financial Solutions Inc BR has an Earnings ESP of +4.03% and carries a Zacks Rank #2 (Buy). HubSpot Inc HUBS has an Earnings ESP of +26.53% and has a Zacks Rank #2. Wall Street's Next Amazon Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius. Click for details >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HubSpot, Inc. (HUBS): Free Stock Analysis Report Kemet Corporation (KEM): Free Stock Analysis Report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pershing Square Issues Release Highlighting 3rd In A Series Of Videos For ADP Shareholders"", ""ADP Corrects False and Misleading Statements by Pershing Square, Says They Will Be Submitting A Complaint To SEC Regarding Ackman's Reckless and Unfounded Assertions Regarding The Company"", ""Will Markets Stay Spooked This Halloween?"", ""ADP's Q1 Earnings to Gain From Higher Bookings, PEO Revenues"", ""Mastercard CEO focuses on security Mastercard Inc. reported its highest revenue jump of the year due to a mix of increased consumer spending, market-share gains against smaller networks abroad and the continuing shift of payments from cash to cards.""]" ADP,2017-11-01,104.44,104.736,102.901,103.542,"[""Key Predictions for Earnings Reports of IT, RSG and ADP"", ""Let's Usher In November"", ""Pershing Square Announces Will Hold Webcast Wed., Nov. 1 At 10 a.m. EDT To 'summarize its plan to transform ADP to drive meaningfully higher margins and growth...'"", ""ADP Releases Statement That Addresses Pershing Square's 'False and Misleading Claims' With Facts"", ""ADP Issues Open Letter To Stockholders, Urges Them To Vote WHITE Proxy Card"", ""ADP Issues Open Letter To Stockholders, Urges Them To Vote WHITE Proxy Card"", ""ADP Releases Statement That Addresses Pershing Square's 'False and Misleading Claims' With Facts"", ""Pershing Square Announces Will Hold Webcast Wed., Nov. 1 At 10 a.m. EDT To 'summarize its plan to transform ADP to drive meaningfully higher margins and growth...'"", ""Let's Usher In November"", ""Key Predictions for Earnings Reports of IT, RSG and ADP"", ""Futures Rally as Focus Shifts To FOMC Wall Street's meteoric rise continues on Wednesday with stock futures posting outsized gains in tandem with global equity markets. Risk appetite improved dramatically overnight on strength in oil futures, upbeat global corporate earnings and progress towards US tax reform. Focus is on the Federal Reserve this morning with the Federal Open Market Committee expected to keep interest rates unchanged, and again tomorrow when President Donald Trump is likely to appoint dovish governor Jerome Powell as the next Fed Chairman. Despite the implications on the financial sector, banking stocks are trading higher with the rest of Wall Street. In addition to the FOMC statement at 2 pm ET, Wednesday'seconomic calendaralso includes data on the manufacturing sector from purchasing managers (expected 54.5 from 53.1) and the Institute for Supply Management (expected 59.5 from 60.8), as well as construction spending at 10am ET (expected 0.0%). First out of the gate was a 235,000 increase in private payrolls according to a monthly survey by Automated Data Processing ( ADP ), beating forecasts for a gain of 210,000. September was revised down, however, to 110,000 from 135,000. West Texas intermediate crude oil futures hit their highest level this year amid reports that members of the Organization of the Petroleum Exporting Countries are complying with production limits, driving up shares of oil producers BP ( BP ), Total ( TOT ) and Royal Dutch Shell (RDS.A, RDS.B) to their highest levels in more than three years. -Dow Jones Industrial up 0.57% -S&P 500 futures up 0.36% -Nasdaq 100 futures up 0.41% SENTIMENT Nikkei up 1.86% Hang Seng up 1.23% Shanghai Composite up 0.08% FTSE-100 up 0.13% DAX-30 up1.74% PRE-MARKET SECTOR WATCH (+) Large cap tech: Higher (+) Chip stocks: Higher (+) Software stocks: Higher (+) Hardware stocks: Higher (+) Internet stocks: Higher (+) Oil stocks: Higher (+) Biotech stocks: Higher (+) Drug stocks: Higher (+) Financial stocks: Higher (+/-) Retail stocks: Flat (+/-) Industrial stocks: Flat (+/-) Airlines: Mixed (+/-) Autos: Mixed UPSIDE MOVERS: (+) BGS (+12.58%) Beat Q3 EPS and sales forecasts, raised FY revenue guidance (+) SXE (+11.90%) To be acquired by American Midstream Partners ( AMID ) (+) BBOX (+9.84%) Reported narrower-than-expected loss, beat revenue estimates DOWNSIDE MOVERS: (-) DDD (-22.62%) Missed Q3 estimates, withdrew full-year guidance (-) EVHC (-22.54%) Missed Q3 EPS expectations, lowered Q4 guidance, considering a sale (-) PBI (-10.46%) Missed EPS forecasts, beat revenue estimates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Key Predictions for Earnings Reports of IT, RSG and ADP The earnings season is well past the halfway mark. More than 54% the S&P 500 companies have already released results till Oct 27. Total earnings for these companies (accounting for 64.2% of the index's total market capitalization) are up 8.7% year over year on 6.7% higher revenues, with 75.7% beating earnings estimates and 66.2% surpassing top-line expectations. Based on the hitherto observed pattern, the July-September quarter is anticipated to register modest single-digit percentage earnings growth on a year-over-year basis. Per the latest Earnings Preview , overall earnings for all the S&P 500 companies are expected to be up 5.4% on 5.5% growth in revenues. It represents a slightly tempered growth projection compared with the double-digit growth rate of the previous quarter, largely due to drag from the insurance industry that was hit hard by devastating hurricanes, Harvey and Irma. However, total earnings for the S&P 500 are on track to reach a new all-time quarterly record, surpassing the previous high reached in the preceding earnings season. Experts widely believe that earnings growth is likely to improve steadily in 2018 and beyond. The Business Services sector appears modest this quarter. For the sector, earnings are expected to improve 6.6% year over year while sales are touted to rise 3.7% due to relatively stable economy. Let's have a sneak peek at three major Business Services stocks scheduled to report earnings on Nov 2 to see how things are shaping up for the upcoming results. With diligent execution of operational plans, Gartner, Inc.IT has recorded double-digit growth in key metrics for more than a decade. In addition, this performance-driven firm has a strong cash flow and a healthy balance sheet position. It has a vast, untapped market opportunity worth an estimated $61 billion. The acquisition of CEB, an industry leader in providing best practice and talent management insights, further reinforces Gartner's market strength. The combination of its analyst-driven, syndicated research and advisory services with CEB's expertise is likely to provide a comprehensive and differentiated suite of services portfolio across the globe. The Zacks Consensus Estimate for Research segment revenues is currently pegged at $687 million, up from $462 million reported in the year-ago quarter. Revenues from the Event segment are expected to be $38 million compared with reported revenues of $33 million in the year-earlier quarter. However, revenues from the Consulting segment are anticipated to be $75 million, down from $79 million reported in the year-ago quarter. (Read More: Will Higher Research Revenues Aid Gartner Q3 Earnings? ) For the impending quarter, the company has an Earnings ESP of -0.48%. Gartner currently has Zacks Rank #2 (Buy). A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 or 3 (Hold) for a likely earnings beat. You can see the complete list of today's Zacks #1 Rank stocks here . Gartner, Inc. Price and EPS Surprise Gartner, Inc. Price and EPS Surprise | Gartner, Inc. Quote Republic Services, Inc.RSG has significantly expanded its product offerings in the e-commerce platform to address the evolving needs of the customers. This low-cost sales channel is likely to aid the company in the quarter. At the same time, Republic Services is focused on increasing operational efficiency by converting its fleet to compressed natural gas collection vehicles and modifying rear-loading trucks to automated-side loaders, which will reduce costs and improve profitability. The company is realigning its field support functions by combining two organizational layers. It expects these initiatives to contribute approximately $25 million of annual cost savings from 2018. The Zacks Consensus Estimate for Collection segment revenues is currently pegged at $1,883 million, up from $1,814 million reported in the year-ago quarter. Revenues from the Landfill segment are expected to be $318 million compared with reported revenues of $293 million in the year-earlier quarter. Revenues from the Transfer and Disposal Services segment are anticipated to be $136 million, up from $126 million reported in the year-ago quarter. (Read More: High Collection Revenues to Aid Republic Q3 Earnings? ) Our proven model does not conclusively show that Republic Services is likely to beat earnings this quarter as it does not possess the key components. Its Earnings ESP is currently +0.32%. However, Republic Services has a Zacks Rank #4 (Sell). Republic Services, Inc. Price and EPS Surprise Republic Services, Inc. Price and EPS Surprise | Republic Services, Inc. Quote Automatic Data Processing Inc. 's ADP top-line growth is anticipated to be 5% in the quarter, which is in the lower end of its 5-6% growth forecast for first-quarter fiscal 2018. We expect improving bookings to positively affect revenues along with strong growth in the Professional Employer Organization (PEO) Services segment. The Zacks Consensus Estimate for revenues is currently pegged at $3.06 million. The consensus estimate for the PEO Services segment is $892 million. (Read More: ADP's Q1 Earnings to Gain From Higher Bookings, PEO Revenues ) Our proven model does not conclusively show that Automatic Data Processing is likely to beat earnings this quarter as it does not possess the key components. Automatic Data Processing's Earnings ESP is currently -0.35% and it has a Zacks Rank #3. Automatic Data Processing, Inc. Price and EPS Surprise Automatic Data Processing, Inc. Price and EPS Surprise | Automatic Data Processing, Inc. Quote More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Gartner, Inc. (IT): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Republic Services, Inc. (RSG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for November 2, 2017 : BABA, EPD, ADP, CI, BDX, BCE, ICE, CNQ, EXC, ENB, ZTS, PCG The following companies are expected to report earnings prior to market open on 11/02/2017. Visit our Earnings Calendar for a full list of expected earnings releases. Alibaba Group Holding Limited ( BABA ) is reporting for the quarter ending September 30, 2017. The internet company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.84. This value represents a 33.33% increase compared to the same quarter last year. BABA missed the consensus earnings per share in the 1st calendar quarter of 2017 by -17.02%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for BABA is 46.69 vs. an industry ratio of 7.90, implying that they will have a higher earnings growth than their competitors in the same industry. Enterprise Products Partners L.P. ( EPD ) is reporting for the quarter ending September 30, 2017. The oil/gas company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.31. This value represents a 3.33% increase compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for EPD is 18.56 vs. an industry ratio of 346.40. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending September 30, 2017. The outsourcing company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.85. This value represents a 1.16% decrease compared to the same quarter last year. ADP missed the consensus earnings per share in the 2nd calendar quarter of 2017 by -2.99%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ADP is 30.36 vs. an industry ratio of 24.90, implying that they will have a higher earnings growth than their competitors in the same industry. Cigna Corporation ( CI ) is reporting for the quarter ending September 30, 2017. The insurance company's consensus earnings per share forecast from the 11 analysts that follow the stock is $2.36. This value represents a 21.65% increase compared to the same quarter last year. In the past year CI has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 17.34%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CI is 19.64 vs. an industry ratio of 10.40, implying that they will have a higher earnings growth than their competitors in the same industry. Becton, Dickinson and Company ( BDX ) is reporting for the quarter ending September 30, 2017. The medical/dental supplies company's consensus earnings per share forecast from the 12 analysts that follow the stock is $2.38. This value represents a 12.26% increase compared to the same quarter last year. In the past year BDX has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 0.82%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for BDX is 22.06 vs. an industry ratio of -1.90, implying that they will have a higher earnings growth than their competitors in the same industry. BCE, Inc. ( BCE ) is reporting for the quarter ending September 30, 2017. The diversified company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.67. This value represents a 4.29% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for BCE is 17.42 vs. an industry ratio of 35.70. Intercontinental Exchange Inc. ( ICE ) is reporting for the quarter ending September 30, 2017. The securities exchange company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.71. This value represents a 10.94% increase compared to the same quarter last year. In the past year ICE has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ICE is 22.41 vs. an industry ratio of 26.80. Canadian Natural Resources Limited ( CNQ ) is reporting for the quarter ending September 30, 2017. The oil company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.11. This value represents a 150.00% increase compared to the same quarter last year. In the past year CNQ and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for CNQ is 38.78 vs. an industry ratio of -8.80, implying that they will have a higher earnings growth than their competitors in the same industry. Exelon Corporation ( EXC ) is reporting for the quarter ending September 30, 2017. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.86. This value represents a 5.49% decrease compared to the same quarter last year. EXC missed the consensus earnings per share in the 4th calendar quarter of 2016 by -2.22%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for EXC is 15.00 vs. an industry ratio of 17.50. Enbridge Inc ( ENB ) is reporting for the quarter ending September 30, 2017. The oil (production/pipeline) company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.36. This value represents a no change for the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ENB is 23.31 vs. an industry ratio of 29.10. Zoetis Inc. ( ZTS ) is reporting for the quarter ending September 30, 2017. The drug company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.63. This value represents a 21.15% increase compared to the same quarter last year. In the past year ZTS has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ZTS is 27.27 vs. an industry ratio of -3.20, implying that they will have a higher earnings growth than their competitors in the same industry. Pacific Gas & Electric Co. ( PCG ) is reporting for the quarter ending September 30, 2017. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.94. This value represents a no change for the same quarter last year. PCG missed the consensus earnings per share in the 3rd calendar quarter of 2016 by -14.55%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for PCG is 15.70 vs. an industry ratio of 17.50. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Noteworthy Wednesday Option Activity: DIS, HBI, ADP Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Walt Disney Co. (Symbol: DIS), where a total volume of 27,016 contracts has been traded thus far today, a contract volume which is representative of approximately 2.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.5% of DIS's average daily trading volume over the past month, of 6.2 million shares. Particularly high volume was seen for the $105 strike put option expiring January 19, 2018 , with 2,527 contracts trading so far today, representing approximately 252,700 underlying shares of DIS. Below is a chart showing DIS's trailing twelve month trading history, with the $105 strike highlighted in orange: HanesBrands Inc (Symbol: HBI) options are showing a volume of 19,413 contracts thus far today. That number of contracts represents approximately 1.9 million underlying shares, working out to a sizeable 43% of HBI's average daily trading volume over the past month, of 4.5 million shares. Particularly high volume was seen for the $23 strike call option expiring November 17, 2017 , with 9,537 contracts trading so far today, representing approximately 953,700 underlying shares of HBI. Below is a chart showing HBI's trailing twelve month trading history, with the $23 strike highlighted in orange: And Automatic Data Processing Inc. (Symbol: ADP) options are showing a volume of 6,706 contracts thus far today. That number of contracts represents approximately 670,600 underlying shares, working out to a sizeable 42.6% of ADP's average daily trading volume over the past month, of 1.6 million shares. Especially high volume was seen for the $118 strike call option expiring November 10, 2017 , with 3,450 contracts trading so far today, representing approximately 345,000 underlying shares of ADP. Below is a chart showing ADP's trailing twelve month trading history, with the $118 strike highlighted in orange: For the various different available expirations for DIS options , HBI options , or ADP options , visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Is Expected To Continue With Its Strong Growth Momentum In Q1 Fiscal 2018 ADP ( ADP ) is slated to release its Q1 fiscal 2018 results on November 2nd. In fiscal 2017, the company performed in line with guidance and market expectations, and the trend is expected to continue in this fiscal as well. The main driver for its revenues last fiscal were its PEO services, the division which has witnessed a consistent growth of around 12%-13% in each of the last few years. While ADP's PEO services business has driven much of the top line growth, payroll processing continues to be its core business, contributing to the largest portion of its top-line. Going forward, ADP expects its revenues to grow at a steady rate of 5%-6%, and its adjusted diluted EPS to improve by 2%-4%.We have a price estimate of $106 per share for ADP , which is around 9% below the current stock price. PEO Services Will Not Only Drive The Future Revenue Growth But Its Contribution To Overall Revenues Might Keep Growing ADP's revenue from its PEO services have grown at around 14.5% annually over the last five years. As the popularity among businesses to outsource their HR services keep rising, this figure might grow even further in the future. Theglobal marketfor HR outsourcing is estimated to expand at a compound annual growth rate ( CAGR ) of around 12.7% between 2016 and 2020 and that will provide a major boost to ADP's PEO services growth. However, the total revenue growth rate for the company is not being able to keep pace with the PEO revenue growth. During the last five years, ADP's overall revenue has increased at a rate of roughly 7% annually. This is resulting in a greater contribution by the PEO services to the company's overall revenues. As a result, the proportion of PEO services in the company's total revenue has grown from 20% in 2012 to almost 28% in 2017. One of the important drivers for the growth in ADP's client base has been brought about by the implementation of the Affordable Care Act (ACA). The adoption of ADP's products has been increasing significantly post the Act, especially since larger employers (+1,000 employees) find it easier to outsource the job to a third party who can help them implement ACA solutions for their employees. Consequently, the significant growth in the rise of demand for its PEO services has led to a 9% annual rise in its worksite employees over the last couple of years. Based on the company guidance, we expect ADP's PEO services revenue to grow by 11% to 13% in the current fiscal year. Payroll Processing Will Continue Being The Biggest Contributor Of ADP's Revenues The two main drivers for its payroll processing services has been a stable growth in the number of clients served by the company, and an annual rise in client fees. The company's revenue from this segment has grown at a steady rate of 5% annually over the last five years and accounts for almost 65% of the company's total valuation, according to our estimates. However, it is noteworthy to mention that this segment's contribution to the company's overall revenues is gradually declining and has dropped from 75% in 2012 to about 69% in 2017. Even then, with an ever growing customer base and a high retention rate of clients of over 90%, the company is in a strong position to generate sustained revenue growth in this segment. View Interactive Institutional Research (Powered by Trefis): Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap More Trefis Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Issues Open Letter To Stockholders, Urges Them To Vote WHITE Proxy Card"", ""ADP Releases Statement That Addresses Pershing Square's 'False and Misleading Claims' With Facts"", ""Pershing Square Announces Will Hold Webcast Wed., Nov. 1 At 10 a.m. EDT To 'summarize its plan to transform ADP to drive meaningfully higher margins and growth...'"", ""Let's Usher In November"", ""Key Predictions for Earnings Reports of IT, RSG and ADP""]" ADP,2017-11-02,103.167,103.621,100.584,102.596,"[""ADP Tops Q1 Earnings & Revenue Estimates, Raises '18 View"", ""Automatic Data Processng Sees RS Rating Rise To 71"", ""Earnings Scheduled For November 2, 2017"", ""ADP Q1 Adj. EPS $0.91 vs $0.85 Est., Sales $3.08B vs $3.06B Est."", ""ADP Earlier Issued FY18 Outlook, Raises Adj. EPS Growth From 2-4% to 5-7%, Sales Growth Outlook Raised From 5-6% to 6-8%"", ""ADP Earlier Issued FY18 Outlook, Raises Adj. EPS Growth From 2-4% to 5-7%, Sales Growth Outlook Raised From 5-6% to 6-8%"", ""ADP Q1 Adj. EPS $0.91 vs $0.85 Est., Sales $3.08B vs $3.06B Est."", ""Earnings Scheduled For November 2, 2017"", ""Automatic Data Processng Sees RS Rating Rise To 71"", ""ADP Tops Q1 Earnings & Revenue Estimates, Raises '18 View"", ""ADP Tops Q1 Earnings & Revenue Estimates, Raises '18 View Automatic Data Processing Inc.ADP reported first-quarter fiscal 2018 adjusted earnings of 91 cents per share, which beat the Zacks Consensus Estimate by a nickel. The figure increased 5.8% from the year-ago quarter. Moreover, revenues of $3.08 billion beat the Zacks Consensus Estimate of $3.06 billion and grew 5.6% on a year-over-year basis. Worldwide new business bookings declined 3%, in line with management's guidance. Based on impressive first-quarter results, ADP raised fiscal 2018 guidance for revenues and earnings. The company reiterated new business bookings guidance, which was in the range of 5-7%. ADP's stock has returned 12.3% year to date, substantially outperforming the 5.1% rally of the industry . Quarter Details Employer Services revenues in the quarter increased 2% year over year to $2.32 billion. The number of employees on ADP clients' payrolls in the United States increased 2.4% on a same-store-sales basis. Client revenues retention increased 160 basis points (bps) on a year-over-year basis. PEO Services revenues increased 14% year over year to $903.6 million. Average worksite employees paid by PEO Services increased 10% to almost 484,000. Interest on funds held for clients in the quarter increased 11% to $99 million. The company's average client funds balance climbed 6% year over year to $21.2 billion in the quarter, while average interest yield of 1.9% was up 10 bps on a year-over-year basis. Adjusted EBIT margin declined almost 150 bps to 18.3% primarily due to increased investments on product, distribution and service coupled with pressure from higher pass-through revenues. Employer Services segment margin fell approximately 110 bps on a year-over-year basis. Meanwhile, PEO Services segment margin declined approximately 60 bps in the quarter. Guidance ADP anticipates fiscal 2018 revenue growth in the range of 6-8%, up from previous guidance of 5-6%. The Global Cash Card acquisition and the impacts from foreign currency translation are anticipated to add approximately one percentage point of growth to revenues. ADP expects adjusted earnings to grow in the range of 5-7%, up from 2-4%. Adjusted EBIT margin is still forecast to decline 25-50 bps for the fiscal year. Employer Services segment revenues is expected to grow almost in the range of 4-5%, up from previous guidance of 2-3%. Margin is projected to decline in the range of 50 to 75 bps for the year. ADP expects pays per control to increase 2.5% for fiscal 2018. For the PEO Services segment, management anticipates revenue growth of 11% to 13% and margin expansion of 25 bps to 50 bps. Interest on funds held for clients is expected to increase $45-$55 million, or about 11%. This is based on anticipated growth in average client funds balances of approximately 3% from $23.0 billion in fiscal 2017 and an average yield which is anticipated to increase about 20 bps to 1.9%. The total contribution from the client funds extended investment strategy is expected to be up $35-$45 million over fiscal 2017. Zacks Rank & Key Picks Currently, ADP carries a Zacks Rank #3 (Hold). Adobe Systems Inc. ADBE , Microsoft Corporation MSFT and Cadence Design Systems Inc. CDNS are a few better-ranked stocks worth considering in the broader sector. While Adobe sports a Zacks Rank #1 (Strong Buy), Microsoft and Cadence has Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here . Zacks' Best Private Investment Ideas While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades\u2026 from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report Adobe Systems Incorporated (ADBE): Free Stock Analysis Report Cadence Design Systems, Inc. (CDNS): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Q1 Earnings & Revenues Top Estimates, Retention Improves Founded in 1949, New Jersey based- Automatic Data Processing Inc . ADP is one of the world's leading providers of human capital management solutions and integrated computing solutions to vehicle dealers. It serves approximately 637K clients across 125 nations. The company reports in two business segments - Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment includes human resource information, payroll processing, human resources tax and compliance management, and benefit administration products and services. The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. Zacks Rank : Currently, ADP has a Zacks Rank #3 (Hold) but that could change following its first-quarter fiscal 2018 earnings report which has just released. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. We have highlighted some of the key details from the just-released announcement below: Earnings : ADP's adjusted earnings from continuing operations came in at 91 cents per share, which beat the Zacks Consensus Estimate of 85 cents. Revenues : Revenues of $3.09 billion beat the Zacks Consensus Estimate of $3.06 billion and grew 5.6% on a year-over-year basis. Key Stats : Retention rate increased 160 basis points (bps), ahead of the company's expectations. Stock Price : Shares prices did not show any movement in the pre-market trading session. Automatic Data Processing, Inc. Price Automatic Data Processing, Inc. Price | Automatic Data Processing, Inc. Quote Check back later for our full write up on this ADP earnings report later! Zacks' Best Private Investment Ideas While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades\u2026 from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Dividend Stocks With Payout Increases Coming The best dividend stocks offer both solid yields and the potential for dividend growth. A high yield alone won't cut it, and dividend growth from a small base doesn't get the job done, either. A healthy combination of both factors is what dividend investors should be looking for. Want a few examples? Automatic Data Processing (NASDAQ: ADP) , NextEra Energy Partners (NYSE: NEP) , and Wal-Mart Stores (NYSE: WMT) are three stocks with solid dividends that are expected to boost those dividends in short order. Here's what our Foolish investors have to say about these stocks. Hire this dividend stock for your portfolio Dan Caplinger(Automatic Data Processing): Dividend investors know that many dependable companies make regular increases to their quarterly payouts on a predictable schedule. Automatic Data Processing has put together an attractive track record of performance for those who count on dividends, having made boosts to its dividend every year for 42 straight years. The payroll services specialist's yield of 2% roughly matches that of the market, but that's largely a function of the strong share-price performance that the stock has enjoyed in recent years. ADP tends to raise its dividend every January, with its most recent increase of nearly 8% getting announced in early November of last year. The U.S. economy has picked up steam in 2017, and the employment picture in particular continues to look brighter. ADP hasn't entirely prospered despite a better environment, with company-specific challenges weighing on the human capital management solutions provider's results over the past year. Yet ADP is confident that it will return to stronger fundamental performance in the near future, and it's likely to express that confidence by sharing its success with shareholders yet again with a higher dividend. If you're looking for a dividend stock that both pays solid levels of current income and has considerable growth potential, then Automatic Data Processing deserves to be on your short list. An energy yield built for the future Travis Hoium (NextEra Energy Partners): Energy yieldcos are among the most dependable dividend stocks on the market, backed by renewable-energy projects that have contracted revenues for decades into the future. One of the industry leaders is NextEra Energy Partners, which is among the biggest renewable-energy owners in the world . One critical advantage for NextEra Energy Partners is that it can leverage its parent company, NextEra Energy (NYSE: NEE) , which can drop down projects that will be accretive to the dividend. The yieldco can fund those acquisitions, through excess cash generated from existing projects or by issuing shares and debt. The key for yieldcos' dividend growth is keeping a pipeline of projects to buy, and NextEra Energy has 13 GW of potential projects that could be dropped down. If investors are confident that future project acquisitions will occur, they'll price in long-term dividend growth, which makes it easier to fund those acquisitions using stock, presuming they buy projects with a higher rate of return than the dividend yield. It's a self-reinforcing cycle. Today, NextEra Energy Partners is paying a dividend of $1.57 per share on an annualized basis, but it plans to grow the dividend 12% to 15% through 2022 with existing cash flow and acquisitions. And its projected cash available for a distribution run rate of $310 million to $340 million at the end of 2017 implies that it could raise its dividend as high as a 16% yield without adding more projects. With that kind of cash flow already locked in, this is a great dividend growth stock and is about as steady as an energy stock gets. Four decades of growing dividends Tim Green(Wal-Mart Stores): Retailer Wal-Mart has raised its dividend annually for 44 years in a row. While profits have taken a hit during the past few years as the company boosted wages and invested in its e-commerce business, those moves are setting up Wal-Mart to maintain its brick-and-mortar dominance and become a major player in the world of online retail. Wal-Mart's comparable sales in the U.S. have increased for 12 consecutive quarters, an impressive result given the upheaval facing the retail industry. The e-commerce business is also booming, posting a 60% year-over-year sales increase during the most recent quarter. Wal-Mart has greatly increased its online assortment, acquired start-ups including Jet.com and Bonobos, rolled out free two-day shipping , and aggressively expanded its online grocery service to more than 1,000 stores. The results speak for themselves. These investments haven't come cheap, but the good news for dividend investors is that the payout ratio remains below 50%. Wal-Mart's current $2.04 per-share dividend, spread across four quarterly payments, eats up 47% of its guidance for fiscal 2018 adjusted earnings and represents a yield of about 2.3%. That leaves room to grow the dividend even if earnings growth remains sluggish. I wouldn't expect anything more than a small dividend increase come February, but investors can bank on seeing Wal-Mart extend its streak to 45 years. 10 stocks we like better than Wal-Mart Stores When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Wal-Mart Stores wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of October 9, 2017 Dan Caplinger has no position in any of the stocks mentioned. Timothy Green has no position in any of the stocks mentioned. Travis Hoium owns shares of NextEra Energy Partners. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processng Sees RS Rating Rise To 71 Automatic Data Processng ( ADP ) saw a positive improvement to its Relative Strength ( RS ) Rating on Thursday, rising from 68 to 71. [ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks compares to the rest of the market. History reveals that the market's biggest winners tend to have an RS Rating of over 80 in the early stages of their moves. See if Automatic Data Processng can continue to show renewed price strength and clear that threshold. See How IBD Helps You Make More Money In Stocks Automatic Data Processng is building a cup without handle with a 121.87 buy point . See if it can break out in heavy trading. Automatic Data Processng showed 6% earnings growth in the latest quarterly report. Sales rose 6%. The company earns the No. 16 rank among its peers in the Commercial Services-Outsourcing industry group. Cintas ( CTAS ), Insperity ( NSP ) and HealthEquity ( HQY ) are among the top 5 highly rated stocks within the group. RELATED: Which Stocks Are Showing Improved Technical Action? Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Earlier Issued FY18 Outlook, Raises Adj. EPS Growth From 2-4% to 5-7%, Sales Growth Outlook Raised From 5-6% to 6-8%"", ""ADP Q1 Adj. EPS $0.91 vs $0.85 Est., Sales $3.08B vs $3.06B Est."", ""Earnings Scheduled For November 2, 2017"", ""Automatic Data Processng Sees RS Rating Rise To 71"", ""ADP Tops Q1 Earnings & Revenue Estimates, Raises '18 View""]" ADP,2017-11-03,102.793,102.911,100.327,100.702,"[""Pershing Square Publishes PR Highlighting '15 Irrefutable Facts about ADP's Opportunity for Improvement'"", ""Pershing Square Issues Release Highlighting the Past Week's Activities Related to ADP"", ""Pershing Square Issues Release Highlighting the Past Week's Activities Related to ADP"", ""Pershing Square Publishes PR Highlighting '15 Irrefutable Facts about ADP's Opportunity for Improvement'"", ""Notable ETF Outflow Detected - IXN, AMAT, ADP, CTSH Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Global Tech ETF (Symbol: IXN) where we have detected an approximate $138.2 million dollar outflow -- that's a 8.8% decrease week over week (from 10,200,000.00 to 9,300,000.00). Among the largest underlying components of IXN, in trading today Applied Materials, Inc. (Symbol: AMAT) is up about 0.2%, Automatic Data Processing Inc. (Symbol: ADP) is down about 1.3%, and Cognizant Technology Solutions Corp. (Symbol: CTSH) is lower by about 0.3%. For a complete list of holdings, visit the IXN Holdings page \u00bb The chart below shows the one year price performance of IXN, versus its 200 day moving average: Looking at the chart above, IXN's low point in its 52 week range is $105.40 per share, with $154.84 as the 52 week high point - that compares with a last trade of $153.33. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paylocity (PCTY) Q1 Earnings & Revenues Top, Raises '18 View Paylocity Holding CorporationPCTY reported first-quarter fiscal 2018 non-GAAP earnings of 15 cents per share which surpassed the Zacks Consensus Estimate of 11 cents per share. Non-GAAP earnings also increased from 7 cents reported in the year-ago quarter. Quarter Details The company's revenues came in at $81.5 million, reflecting an increase of 25% year over year, and also marginally beat the Zacks Consensus Estimate of $81 million. The year-over-over increase was driven by new client addition, existing client growth and additions to HCM product suite. The top line was also backed by a 26% surge in recurring revenues (97% of total revenues) and an 8.6% increase in implementation and other revenues. The company's non-GAAP gross profit came in at $51.1 million, up 30.1% year over year. Non-GAAP gross margin expanded 230 basis points (bps) year over year to 62.7%, primarily due to higher revenue base. Non-GAAP operating expenses are pegged at $43.3 million, up 18.8% year over year. As a percentage of revenues non-GAAP operating expenses contracted 300 bps year over year to 53.1%. This in turn positively impacted the operating results. Paylocity reported non-GAAP operating income of $8.2 million as compared with $4 million reported in the year-ago quarter. Non-GAAP operating margin during the quarte r came in at 10% as compared with 6.2% reported in the year-ago period. Consequently, non-GAAP net income during the quarter was $8.2 million compared with $3.9 million reported in the year-ago period. Paylocity exited the quarter with cash and cash equivalents of $103.5 million compared with $86.5 million in the previous quarter. Receivables were $2 million compared with $1.7 million in the previous quarter. The companyhas no long-term debt. Itgenerated $1.9 million of cash flow from operational activities during the quarter. Guidance The company provided outlook for the second quarter and fiscal 2018. For second-quarter fiscal 2018, Paylocity expects revenues in the range of $84.3-$85.3 million. The Zacks Consensus Estimate is pegged at $84.9 million. Adjusted EBITDA is projected in the band of $12.5-$13.5 million. Non-GAAP earnings per share are anticipated to be in the range of 11-13 cents. The Zacks Consensus Estimate is pegged at 12 cents. The company raised guidance for fiscal 2018. Paylocity now anticipates revenues in the range of $368.5-$370.5 million (previous guidance $368-$370 million). The Zacks Consensus Estimate is pegged at $369.3 million. Adjusted EBITDA is now projected in the range of $74-$75 million (previous guidance $71-$72 million). Non-GAAP earnings per share are now anticipatedwithin 84-85 cents (previous guidance78-80 cents). The Zacks Consensus Estimate is peggedat 81 cents. Share Price In the last year, shares of Paylocity yielded a return of 43.1%, outperforming the industry 's gain of 24.3%. Our Take The company reported stellar first-quarter results. Further, it's both top and bottom line for the quarter increased year over year. The company also provided an encouraging guidance for the second quarter and fiscal 2018. We remain positive about Paylocity's regular investments in SaaS technology. Notably, in the last few quarters, clients moving from traditional payroll service providers to the company's SaaS-based services generated a significant portion of Paylocity's revenues. Consequently, we believe that regular investments in technological upgrades, along with product innovations, will continue to boost the top line in the long run. Such initiatives are also likely to have positive impact on its forthcoming results. Furthermore, higher adoption of Paylocity's ACA dashboard application, which specializes in tracking employee count, employee status and health care plan affordability, will act as a tailwind. However, competition in the payroll processing sector from new entrants as well as existing players such as Automatic Data Processing, Inc. ADP , Oracle Corporation ORCL and SAP SE SAP remain major headwinds. Currently, Paylocity carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Looking for Stocks with Skyrocketing Upside? Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paylocity Holding Corporation (PCTY): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report SAP SE (SAP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Validea Warren Buffett Strategy Daily Upgrade Report - 11/3/2017 The following are today's upgrades for Validea's Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. AUTOMATIC DATA PROCESSING ( ADP ) is a large-cap growth stock in the Business Services industry. The rating according to our strategy based on Warren Buffett changed from 72% to 79% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: 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. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. For a full detailed analysis using NASDAQ's Guru Analysis tool, click here Since its inception, Validea's strategy based on Warren Buffett has returned 178.33% vs. 143.04% for the S&P 500. For more details on this strategy, click here About Warren Buffett : Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. About Validea : Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pershing Square Issues Release Highlighting the Past Week's Activities Related to ADP"", ""Pershing Square Publishes PR Highlighting '15 Irrefutable Facts about ADP's Opportunity for Improvement'""]" ADP,2017-11-06,100.209,100.653,98.9367,99.8631,"[""Cedar Capital, LLC Buys iShares Russell \u2014\u2026\u2026\u2026, ProShares Ultra Russell\u2014\u2026\u2026\u2026, ..."", ""The Week Ahead: Earnings Season Continues, Several IPOs, Notable Conferences On The Docket"", ""ADP Shares Relatively Quiet, Down 1%, As Pershing Square's Bill Ackman Is Currently On CNBC Discussing Co., His Investment"", ""Ackman Says ADP is At Risk Of Becoming Macy's, Trying to Make Sure Technology Doesn't Run The Company Out Of Business"", ""Ackman Says ADP is At Risk Of Becoming Macy's, Trying to Make Sure Technology Doesn't Run The Company Out Of Business"", ""ADP Shares Relatively Quiet, Down 1%, As Pershing Square's Bill Ackman Is Currently On CNBC Discussing Co., His Investment"", ""The Week Ahead: Earnings Season Continues, Several IPOs, Notable Conferences On The Docket"", ""Cedar Capital, LLC Buys iShares Russell \u2014\u2026\u2026\u2026, ProShares Ultra Russell\u2014\u2026\u2026\u2026, ..."", ""Automatic Data Processing Boosts Its Outlook Automatic Data Processing (NASDAQ: ADP) delivered fiscal first-quarter results that were impacted by asset sales, technology investments, and difficult comparisons to its Affordable Care Act-fueled growth in past quarters. But the leading global provider of human capital management solutions says that it's still on track to hit -- and even exceed -- its revenue and profit forecast for the year ahead. ADP results: The raw numbers Data source: ADP Q1 2018 earnings press release . What happened with ADP this quarter? Worldwide new business bookings declined 3% year over year, yet CEO Carlos Rodriguez said during ADP'searnings callthat the company remains on track to hit its full-year bookings growth target: PEO (Professional Employer Organization) services, ADP's co-employment segment, delivered a 14% increase in revenue, to $904 million, as average worksite employees paid rose 10% to 484,000. However, this was partially offset by a decline of 60 basis points in segment margin, to 12.9%. In turn, PEO services earnings increased 9% to $117 million. ADP's employer services segment, which includes its human capital management and human resources outsourcing businesses, saw revenue rise 2% (3% on an organic basis) to $2.3 billion, as the number of employees on ADP clients' payrolls in the U.S. increased 2.4%. Moreover, client revenue retention improved 160 basis points compared to the year-ago quarter. Employer services segment margin, however, decreased 110 basis points, to 27.9%, as ADP continues to invest heavily in its cloud platforms and client service initiatives. \""Having upgraded more than 83% of ADP clients to strategic cloud platforms, we continue to anticipate our clients' future needs through investments in next-generation solutions that will enable us to deliver agile country, industry and client-specific applications that will serve to further differentiate ADP in the market,\"" Rodriguez said in a press release. All told, ADP's earnings before interest and taxes (EBIT) -- adjusted to exclude restructuring charges and other non-recurring items -- fell 3% to $564 million, as adjusted EBIT margin declined to 18.3%, down from 19.8% in the prior-year period. Adjusted net earnings, which benefited from a lower effective tax rate, rose 3% to $406 million. And adjusted earnings per share -- boosted by stock buybacks -- increased 6% to $0.91. Looking forward ADP updated its financial guidance for fiscal 2018. Full-year revenue is now expected to rise 6% to 8% -- up from a prior estimate of 5% to 6% -- thanks in part to the expected impact from ADP's recent $490 million acquisition of digital payments company Global Cash Card. Management also raised its adjusted EPS growth forecast to a range of 5% to 7%, up from one of 2% to 4%. \""ADP performed well in the quarter, posting good revenue growth despite the headwinds from our fiscal 2017 bookings performance and the disposition of our CHSA [Consumer Health Spending Account] and COBRA businesses,\"" added CFO Jan Siegmund. \""We continue to anticipate pressure on our revenue growth and margins to be concentrated in the first half of the fiscal year as we accelerate our revenue and bookings growth toward the latter half of fiscal 2018.\"" 10 stocks we like better than Automatic Data Processing When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Automatic Data Processing wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of October 9, 2017 Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ackman Says ADP is At Risk Of Becoming Macy's, Trying to Make Sure Technology Doesn't Run The Company Out Of Business"", ""ADP Shares Relatively Quiet, Down 1%, As Pershing Square's Bill Ackman Is Currently On CNBC Discussing Co., His Investment"", ""The Week Ahead: Earnings Season Continues, Several IPOs, Notable Conferences On The Docket"", ""Cedar Capital, LLC Buys iShares Russell \u2014\u2026\u2026\u2026, ProShares Ultra Russell\u2014\u2026\u2026\u2026, ...""]" ADP,2017-11-07,98.9861,101.303,98.9861,101.166,"[""ADP Increases Cash Dividend; Marks 4'rd Consecutive Year of Dividend Increases"", ""Lightning Round: Jim Cramer Weighs In On Lumber Liquidators, ADP And More"", ""CNBC's David Faber Tweets: Ackman fails to have any of his nominees exceed 25% of votes cast in proxy fight with $ADP."", ""ADP Issues Release Highlighting Holders Have Re-elected All 10 ADP Directors"", ""ADP Raised Qtr. Dividend From $0.57 To $0.63/Share"", ""Pershing Square Issues Release Sending Communication To Investors Related To ADP"", ""UPDATE: Ackman/Pershing IR Send Letter To Pershing Investors Related To ADP"", ""Pershing Says It's Committed To Working With ADP Management and Board"", ""ADP Shareholder Meeting Sees Pershing's Proxy Defeated"", ""ADP Shareholder Meeting Sees Pershing's Proxy Defeated"", ""Pershing Says It's Committed To Working With ADP Management and Board"", ""UPDATE: Ackman/Pershing IR Send Letter To Pershing Investors Related To ADP"", ""Pershing Square Issues Release Sending Communication To Investors Related To ADP"", ""ADP Raised Qtr. Dividend From $0.57 To $0.63/Share"", ""ADP Issues Release Highlighting Holders Have Re-elected All 10 ADP Directors"", ""CNBC's David Faber Tweets: Ackman fails to have any of his nominees exceed 25% of votes cast in proxy fight with $ADP."", ""Lightning Round: Jim Cramer Weighs In On Lumber Liquidators, ADP And More"", ""ADP Increases Cash Dividend; Marks 4'rd Consecutive Year of Dividend Increases"", ""Daily Dividend Report: ADP, EMR, UVV, WM, ALB ADP ( ADP ) approved a $0.06 increase in the quarterly cash dividend to an annual rate of $2.52 per share. The new quarterly dividend rate of $0.63 per share compares with the previous quarterly dividend rate of $0.57 per share. This increased quarterly dividend will be distributed on January 1, 2018 to shareholders of record at December 8, 2017. The board of directors of Emerson ( EMR ) declared the regular quarterly cash dividend of forty-eight and a half cents per share of common stock payable December 11, 2017, to stockholders of record November 17, 2017. Universal Corporation declared a quarterly dividend of fifty-five cents per share on the common shares of the Company, payable February 5, 2018, to common shareholders of record at the close of business on January 8, 2018. This increase indicates an annualized rate of $2.20 per common share and a yield of approximately 3.8% based on the $57.90 closing price on November 6, 2017. Waste Management ( WM ) announced the declaration of a quarterly cash dividend of $0.425 per share payable December 15, 2017, to stockholders of record on December 1, 2017. Albemarle Corporation ( ALB ) declared today a quarterly dividend of $0.32 per share. The dividend is payable January 2, 2018, to shareholders of record at the close of business as of December 15, 2017. VIDEO: Daily Dividend Report: ADP, EMR, UVV, WM, ALB The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Shareholder Meeting Sees Pershing's Proxy Defeated"", ""Pershing Says It's Committed To Working With ADP Management and Board"", ""UPDATE: Ackman/Pershing IR Send Letter To Pershing Investors Related To ADP"", ""Pershing Square Issues Release Sending Communication To Investors Related To ADP"", ""ADP Raised Qtr. Dividend From $0.57 To $0.63/Share"", ""ADP Issues Release Highlighting Holders Have Re-elected All 10 ADP Directors"", ""CNBC's David Faber Tweets: Ackman fails to have any of his nominees exceed 25% of votes cast in proxy fight with $ADP."", ""Lightning Round: Jim Cramer Weighs In On Lumber Liquidators, ADP And More"", ""ADP Increases Cash Dividend; Marks 4'rd Consecutive Year of Dividend Increases""]" ADP,2017-11-08,101.333,101.757,100.969,101.037,"[""Automatic Data Processng Shows Improved Relative Strength; Still Shy Of Benchmark"", ""Automatic Data Processng Shows Improved Relative Strength; Still Shy Of Benchmark"", ""Automatic Data Processng Shows Improved Relative Strength; Still Shy Of Benchmark Automatic Data Processng ( ADP ) saw a positive improvement to its Relative Strength ( RS ) Rating on Wednesday, with an upgrade from 61 to 71. [ibd-display-video id=2531707 width=50 float=left autostart=true] IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matched up against all other stocks. Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their largest climbs. See if Automatic Data Processng can continue to rebound and hit that benchmark. Looking For Winning Stocks? Try This Simple Routine Automatic Data Processng is building a cup with handle with a 118.57 entry . See if the stock can break out in volume at least 40% higher than normal. The company reported 6% EPS growth last quarter, while sales growth came in at 6%. Automatic Data Processng holds the No. 17 rank among its peers in the Commercial Services-Outsourcing industry group. Cintas ( CTAS ), Insperity ( NSP ) and WNS ( WNS ) are among the top 5 highly rated stocks within the group. RELATED: Which Stocks Are Showing Rising Relative Strength? Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processng Shows Improved Relative Strength; Still Shy Of Benchmark""]" ADP,2017-11-09,100.515,101.53,99.4008,100.455,"Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for November 10, 2017 Simulations Plus, Inc. ( SLP ) will begin trading ex-dividend on November 10, 2017. A cash dividend payment of $0.06 per share is scheduled to be paid on November 20, 2017. Shareholders who purchased SLP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over prior dividend payment. At the current stock price of $16.55, the dividend yield is 1.45%. The previous trading day's last sale of SLP was $16.55, representing a -5.16% decrease from the 52 week high of $17.45 and a 95.86% increase over the 52 week low of $8.45. SLP is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). SLP's current earnings per share, an indicator of a company's profitability, is $.32. Zacks Investment Research reports SLP's forecasted earnings growth in 2017 as 10.34%, compared to an industry average of 10.5%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-11-10,100.199,100.594,99.5685,99.6959,"[""iShares Global Tech ETF Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Global Tech ETF (Symbol: IXN) where we have detected an approximate $154.9 million dollar outflow -- that's a 9.8% decrease week over week (from 10,200,000.00 to 9,200,000.00). Among the largest underlying components of IXN, in trading today Qualcomm Inc (Symbol: QCOM) is off about 0.7%, Applied Materials, Inc. (Symbol: AMAT) is up about 0.2%, and Automatic Data Processing Inc. (Symbol: ADP) is lower by about 0.2%. For a complete list of holdings, visit the IXN Holdings page \u00bb The chart below shows the one year price performance of IXN, versus its 200 day moving average: Looking at the chart above, IXN's low point in its 52 week range is $105.40 per share, with $156.23 as the 52 week high point - that compares with a last trade of $154.44. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Leads 7 Dividend Stocks Boosting Payouts InvestorPlace - Stock Market News, Stock Advice & Trading Tips Growing uncertainty over U.S. tax reform caused the S&P 500 Index to take a breather last week. However, third-quarter earnings reports were generally solid, and a number of dividend stocks announced more good news in the form of payout raises. Seven notable dividend stocks increased their payouts over the last week, including three real estate investment trusts, two software companies and a global industrial manufacturer. Here are seven dividend stocks increasing payouts . Automatic Data Processing (NASDAQ: ADP ) grew its quarterly dividend from 57-cents-per-share to 63 cents, representing a raise of 11%. The provider of payroll services and human resource management software will pay out its higher dividends to shareholders of record as of Dec. 8 on Jan. 1. ADP shares trade ex-dividend on Dec. 7. ADP Dividend Yield: 2.25% Emerson Electric Co. (NYSE: EMR ) raised its quarterly dividend by 1%, increasing it from 48-cents-per-share to 48.5 cents. The diversified industrial manufacturer will send its higher dividend to shareholders of record as of Nov. 17 on Dec. 11. EMR shares will trade ex-dividend on Nov. 16. EMR Dividend Yield: 3.17% Hewlett Packard Enterprise Co (NYSE: HPE ) increased its quarterly dividend by 15% to 7.5-cents-per-share from 6.5 cents. Shareholders of record as of Dec. 13 will receive dividends from the provider of technology infrastructure and software on Jan. 3. The company's shares trade ex-dividend on Dec. 12. HPE Dividend Yield: 2.18% 10 Dividend Growth Stocks for 2018 Weyerhaeuser Co (NYSE: WY ) announced a 3% increase to its quarterly dividend, raising it from 31-cents-per-share to 32 cents. Dividends will be paid from the timber real estate investment trust on Dec. 15 to shareholders of record as of Dec. 1. WY shares become ex-dividend on Nov. 30. WY Dividend Yield: 3.40% National Storage Affiliates Trust (NYSE: NSA ) increased its quarterly dividend by 8%, raising its payment to 28-cents-per-share from 26 cents. Shareholders of record as of Dec. 15 will receive their higher dividends on Dec. 29 from the self-storage real estate investment trust. NSA shares will be ex-dividend on Dec. 14. NSA Dividend Yield: 4.01% 3 Earnings Reports to Watch Next Week Ladder Capital Corp (NYSE: LADR ) announced a 5% increase to its quarterly dividend, raising it from 30-cents-per-share to 31.5 cents. Dividends will be paid from the mortgage real estate investment trust on Jan. 3 to shareholders of record as of Dec. 11. LADR shares become ex-dividend on Dec. 8. LADR Dividend Yield: 9.24% Pattern Energy Group Inc (NASDAQ: PEGI ) increased its quarterly dividend by 1%, raising its payment to 42.2-cents-per-share from 42 cents. Shareholders of record as of Dec. 29 will receive dividends from the wind-focused power producer on Jan. 31. The company's shares trade ex-dividend on Dec. 28. PEGI Dividend Yield: 7.99% As of this writing, Brian Bollinger was long Emerson Electric and Automatic Data Processing. More From Simply Safe Dividends Best High Dividend Stocks - November 2017 Warren Buffett's Top Dividend Stocks The post Automatic Data Processing Leads 7 Dividend Stocks Boosting Payouts appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-11-13,99.5984,100.525,99.2026,100.051,"[""Avnet Raises Share Buyback Authorization, Announces Dividend"", ""Avnet Raises Share Buyback Authorization, Announces Dividend"", ""Avnet Raises Share Buyback Authorization, Announces Dividend The world's leading electronics components distributor, Avnet Inc.AVT , last week announced that its board of directors has increased the current share repurchase authorization by $200 million, thereby bringing the total authorization limit to approximately $500 million. However, management stated that the timing and number of shares to be bought will depend upon prevailing market conditions as well as other factors. Apart from this, management also announced a quarterly cash dividend of 18 cents per share to be paid on Dec 19 for the shareholders of record date as of Dec 6. Avnet has a steady track record of returning value to shareholders through share repurchases and dividend payouts. The company notified that in the past six years, it has returned more than $1.7 billion to its shareholders through share buybacks and dividend payments. Also, it should be noted that the company has approved nearly $2 billion of cumulative share repurchase program since 2011, of which it has completed the purchase of approximately $1.43 billion worth of common stocks. The company's strong balance sheet and cash flow provide it with the financial flexibility to undertake shareholder-friendly initiatives and scope for product innovation and expansion in newer markets. The company ended first-quarter fiscal 2018 with cash, cash equivalents and marketable securities of nearly $737.6 million. Avnet, Inc. Price Avnet, Inc. Price | Avnet, Inc. Quote Some other companies that have a consistent track record of returning value through share repurchases and dividend payments include Apple Inc. AAPL , Accenture plc ACN and Automatic Data Processing Inc. ADP . We believe such initiatives not only enhance shareholders' return but also raise the market value of a stock. Through share repurchases and dividend payouts, companies bolster investors' confidence, persuading them to either buy or hold the scrip. Looking ahead, Avnet remains confident on its growth potential, thereby raising hope for further rise in shareholder value. The stock carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL): Free Stock Analysis Report Avnet, Inc. (AVT): Free Stock Analysis Report Accenture PLC (ACN): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Avnet Raises Share Buyback Authorization, Announces Dividend""]" ADP,2017-11-14,99.8631,100.692,99.5586,100.544,"[""Bill Ackman Buys Automatic Data Processing Inc, Sells Restaurant Brands International Inc, ..."", ""Morgan Stanley Reinstates Equal-Weight on Automatic Data Processing, Announces $114.00"", ""A Look At ADP After The Proxy Battle"", ""13F Shows Pershing Square Dissolved Stake In Nomad Foods, Raises Sole Share Stake In ADP"", ""13F Shows Pershing Square Dissolved Stake In Nomad Foods, Raises Sole Share Stake In ADP"", ""A Look At ADP After The Proxy Battle"", ""Morgan Stanley Reinstates Equal-Weight on Automatic Data Processing, Announces $114.00"", ""Bill Ackman Buys Automatic Data Processing Inc, Sells Restaurant Brands International Inc, ..."", ""Computer Programs and Systems, Inc. (CPSI) Ex-Dividend Date Scheduled for November 15, 2017 Computer Programs and Systems, Inc. ( CPSI ) will begin trading ex-dividend on November 15, 2017. A cash dividend payment of $0.1 per share is scheduled to be paid on December 01, 2017. Shareholders who purchased CPSI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -66.67% decrease from the prior dividend payment. At the current stock price of $28.5, the dividend yield is 1.4%. The previous trading day's last sale of CPSI was $28.5, representing a -21.17% decrease from the 52 week high of $36.15 and a 31.94% increase over the 52 week low of $21.60. CPSI is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). CPSI's current earnings per share, an indicator of a company's profitability, is $.45. Zacks Investment Research reports CPSI's forecasted earnings growth in 2017 as -11.11%, compared to an industry average of %. For more information on the declaration, record and payment dates, visit the CPSI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""These 3 Stocks Just Raised Their Dividends Did last week end with some kind of early Black Friday for dividend-paying stocks? It certainly seems that way, as a score of companies declared fresh dividend raises in advance of that famous shopping holiday. Among these were Automatic Data Processing (NASDAQ: ADP) , a Dividend Aristocrat that has raised their payouts at least once every year for a minimum of 25 years running, and Universal (NYSE: UVV) , which would qualify as a Dividend Aristocrat if it were a member of the S&P 500. Here's a look at their raises, and that of Six Flags Entertainment (NYSE: SIX) , another of last week's lifters. Universal Would-be Aristocrat Universal is bumping its quarterly payout 2% higher to $0.55 per share. The company is also launching a $100 million share-repurchase program. Universal is a leaf-tobacco supplier to makers of tobacco products. Although revenue and net income aren't as high as they've been in the past, Universal still manages to do well. In its most recently reported quarter, the company grew its revenue by 7% on a year-over-year basis, to $488 million. Net profit increased more precipitously, at 21%, to just over $26 million. UVV Revenue (Annual) data by YCharts The U.S. market saw volume declines during the period, but other regions more than made up for the slack. That, plus reduced costs, pushed profitability well higher. Although traditional smoking is going the way of the Dodo bird, technology continues to bring replacement products, like e-cigarettes , to a market that still craves a smoke. No matter how advanced these products might be, they still need the kind of inputs Universal specializes in. It should remain a major supplier to the industry well into the future. As such, it has an excellent chance to maintain its Aristocrat status. Universal's increased dividend is to be paid on Feb. 5 of next year, to shareholders of record as of Jan. 8. The payout ratio on the enhanced distribution is 54%, while its yield would be 3.9%. That's more than double the current 1.9% average of dividend-paying stocks on the S&P 500. The company didn't provide an end date for its share-buyback initiative. Automatic Data Processing Actual Aristocrat and sturdy business-services company Automatic Data Processing is lifting its quarterly disbursement by almost 11%, to $0.63 per share. ADP Dividend data by YCharts Despite some recent turmoil with a high-profile activist investor displeased with the company's performance, ADP has been humming along lately. The inaugural quarter of its fiscal 2018 saw the company post revenue growth of 6%, to $3.1 billion for the period, with net income rising by 9% to almost $402 million. ADP said this was due to its \"" differentiated client-centric solutions and our continued progress in improving the client experience.\"" The company believes it will continue to rope in clients, thanks in no small part to its investment in \""next-generation solutions\"" that can deliver more specialized services to customers. ADP is forecasting revenue growth of 6% to 8% this fiscal year, and a 5% to 7% improvement in its adjusted bottom line. Both estimates, by the way, represent increases over the company's previous forecasts. The company has recently gotten into the habit of spending a bit more than its FCF for dividends and share repurchases, which would trouble me if it didn't have such a long track record of lifting its payout. I think it'll find a way to keep increasing that dividend, as it has for over four decades. It will next be handed out next Jan. 1 to stockholders of record as of Dec. 8. It yields 2.3% on the most recent closing share price, and the payout ratio is 69%. Six Flags Amusement-park operator Six Flags (NYSE: SIX) is lifting its quarterly dividend by 9%. The new payout amounts to $0.70 per share. This declaration came not long after the company's Q3 results announcement, which featured the encouraging tidbit that it booked a new all-time high revenue figure for the first nine months of a fiscal year -- $1.1 billion, to be exact. However, this represented only 2% year-over-year growth, on the back of a similarly weak increase in total park attendance. Although headline net profit showed a nice increase, this was largely due to a decrease in stock-based compensation expenses. A more revealing line item, \""modified\"" EBITDA, inched up only marginally to $471 million. The company blamed the recent natural disasters for this weakness. I suspect the problem is deeper -- there's strong competition in the theme-park industry, and such venues must also contend with other forms of entertainment for audience attention. As a result, Six Flags said it probably won't reach its aim of topping $600 million in annual modified EBITDA this year. It's now targeting a figure of $750 million by 2020. But its debt has climbed , and neither its revenue nor profitability seems to be going anywhere. This stock is tempting for its dividend yield of 4.3% at the current share price, but the company's payout ratio has climbed to dangerously unsustainable levels. I'm not sure this is a thrill ride worth taking. SIX Payout Ratio (TTM) data by YCharts Six Flags will pay its upcoming distribution on Dec. 11 to investors of record as of Nov. 30. Conclusion 2017 has been a year brimming with dividend increases. Are we due for a breather soon? I'd say probably not, as many companies hold off on their raises until the final weeks and days of the year. There will be more Black Fridays (and Thursdays, and Wednesdays) coming up for income investors before we hit 2018. 10 stocks we like better than Automatic Data Processing When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Automatic Data Processing wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of November 6, 2017 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""13F Shows Pershing Square Dissolved Stake In Nomad Foods, Raises Sole Share Stake In ADP"", ""A Look At ADP After The Proxy Battle"", ""Morgan Stanley Reinstates Equal-Weight on Automatic Data Processing, Announces $114.00"", ""Bill Ackman Buys Automatic Data Processing Inc, Sells Restaurant Brands International Inc, ...""]" ADP,2017-11-15,100.662,100.692,99.0354,99.3116,"[""Q3 13F Roundup: How Buffett, Einhorn, Paulson, And Others Adjusted Their Portfolio"", ""Q3 13F Roundup: How Buffett, Einhorn, Paulson, And Others Adjusted Their Portfolio"", ""Q3 13F Roundup: How Buffett, Einhorn, Paulson, And Others Adjusted Their Portfolio""]" ADP,2017-11-16,99.6163,100.012,99.1243,99.6462,"[""Bill Ackman Comments on ADP"", ""Bill Ackman Comments on ADP"", ""See Which Of The Latest 13F Filers Holds Automatic Data Processing At Holdings Channel , we have reviewed the latest batch of the 20 most recent 13F filings for the 09/30/2017 reporting period, and noticed that Automatic Data Processing Inc. (Symbol: ADP) was held by 12 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look. Before we proceed, it is important to point out that 13F filings do not tell the whole story, because these funds are only required to disclose their long positions with the SEC, but are not required to disclose their short positions. A fund making a bearish bet against a stock by shorting calls, for example, might also be long some amount of stock as they trade around their overall bearish position. This long component could show up in a 13F filing and everyone might assume the fund is bullish, but this tells only part of the story because the bearish/short side of the position is not seen . Having given that caveat, we believe that looking at groups of 13F filings can be revealing, especially when comparing one holding period to another. Below, let's take a look at the change in ADP positions, for this latest batch of 13F filers: In terms of shares owned, we count 5 of the above funds having increased existing ADP positions from 06/30/2017 to 09/30/2017, with 4 having decreased their positions and 1 new position. Looking beyond these particular funds in this one batch of most recent filers, we tallied up the ADP share count in the aggregate among all of the funds which held ADP at the 09/30/2017 reporting period (out of the 4,249 we looked at in total). We then compared that number to the sum total of ADP shares those same funds held back at the 06/30/2017 period, to see how the aggregate share count held by hedge funds has moved for ADP. We found that between these two periods, funds reduced their holdings by 12,141,238 shares in the aggregate, from 359,498,571 down to 347,357,333 for a share count decline of approximately -3.38%. The overall top three funds holding ADP on 09/30/2017 were: We'll keep following the latest 13F filings by hedge fund managers and bring you interesting stories derived from a look at the aggregate information across groups of managers between filing periods. While looking at individual 13F filings can sometimes be misleading due to the long-only nature of the information, the sum total across groups of funds from one reporting period to another can be a lot more revealing and relevant, providing interesting stock ideas that merit further research, like Automatic Data Processing Inc. (Symbol: ADP). 10 S&P 500 Components Hedge Funds Are Buying \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Stocks Billionaires Own Drafting is a technique in which you ride in the wake of another vehicle, and have its wind vortex pull you along. You see it a lot in car racing, but you can also witness it out on the highway when someone is following closely behind a big-rig truck. Investors can do it too: You can try to follow along in the slipstream of billionaire hedge-fund operators, using their SEC filings to see where they're making big bets, and getting stock ideas from them. Recently, personal finance website WalletHub examined the most recent SEC disclosures filed by more than 400 hedge funds and billionaires , and three companies that billionaires Carl Icahn, Nelson Peltz, and Bill Ackman had taken big stakes in caught my eye. Let's take a closer look at Freeport-McMoRan (NYSE: FCX) , Procter & Gamble (NYSE: PG) , and Automatic Data Processing (NASDAQ: ADP) to see why these were the biggest buys these legends added to their portfolios. There's gold (and copper) in them hills! Freeport-McMoRan is the world's largest copper producer, but it has been mired in a long-running dispute over its massive Grasberg mine in Indonesia. Between the government saddling it with tougher restrictions and higher taxes, and separatist guerillas vowing to destroy the mine as they fight for independence, Freeport has been suffering. Added to its difficulties was a collapse in commodity prices that sent copper prices from $4.50 a pound back in 2011 to a low of around $2 a pound last year. Thanks to a rally that began this past May, copper prices have recovered to over $3 a pound. That suggests good timing on the part of Carl Icahn, whose investment in Freeport has gained about 19% since he spent about $4 million to pick up more than 350,000 shares at an average price of $11.41 on the open market. He now owns around 91.6 million shares -- over 6% of Freeport's shares outstanding -- making him its third-largest stakeholder. Freeport-McMoRan recently reported higher third-quarter profits on the strength of rising copper prices, which bodes well both for the miner and Icahn's investment. With copper being touted by some as \""the metal of the future,\"" following Icahn into the miner could help your portfolio too. Change investors can believe in? When activist investor Nelson Peltz disclosed his Trian Management Fund had taken a $3.5 billion stake in consumer products giant Procter & Gamble, he made it clear that he'd bought in for the express purpose of gaining a seat on the company's board of directors, and using his influence to help turn the business around. He asserted that P&G was saddled with \""excessive cost and bureaucracy\"" and had lagged over the last 10 years in total shareholder return. Peltz wanted the company to reorganize into three business units: beauty, grooming, and healthcare; fabric and home care; and baby, feminine, and family care. While P&G said it had taken many of Peltz's recommendations, he argued the company didn't go far enough. It apparently did go to far by claiming to have fended off Peltz's proxy battle and kept him off its board by a narrow margin. It turns out, though, Peltz actually won a seat on P&G's board. While management might challenge the results, the slim win means it will now be under extreme pressure to implement more of his plan and regain investor support. With shares trading around the same level as when Peltz first disclosed his stake, there may be a good chance for more upside if he succeeds, and investors drafting in his wake can benefit from any changes he's able to effect. Another tilt at windmills That's not quite the same outcome Bill Ackman achieved, as he met with a proxy battle defeat after taking a $2.3 billion position in Automatic Data Processing and attempting to getting three seats on ADP's board. ADP CEO Carlos Rodriguez used far more colorful language to describe the activist investor's defeat: The Pershing Square hedge fund operator got less than 20% of the votes cast in that bid for board seats. Ackman, however, is vowing to hang around and mount another campaign if ADP doesn't shape up. His main charge against the payroll processor was that an array of inefficiencies are holding back its potential; he also said Rodriguez was not the person who should lead the company. That may explain why the CEO relished the proxy outcome as much as he did. Ackman didn't have much support for his positions, as Institutional Shareholder Services recommended supporting only one of his candidates and another billionaire investor, Leon Cooperman, also described his critiques of the company as wrong-headed. Shares of ADP are up 20% since the beginning of the year, though they've given back some of their recent gains. By taking a high-profile campaign to the payment processor, Ackman may have at least given investors insight into a potential opportunity that existed. Even if his own hopes to make a change were dashed, investors can still ride on his coattails with jobs growth surging again following the hurricanes that hit Texas and Florida. 10 stocks we like better than Freeport-McMoRan Copper & Gold When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Freeport-McMoRan Copper & Gold wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of November 6, 2017 Rich Duprey has no position in any of the stocks mentioned. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Cognizant Technology Solutions Corporation (CTSH) Ex-Dividend Date Scheduled for November 17, 2017 Cognizant Technology Solutions Corporation ( CTSH ) will begin trading ex-dividend on November 17, 2017. A cash dividend payment of $0.15 per share is scheduled to be paid on November 30, 2017. Shareholders who purchased CTSH prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CTSH has paid the same dividend. At the current stock price of $74.09, the dividend yield is .81%. The previous trading day's last sale of CTSH was $74.09, representing a -3.16% decrease from the 52 week high of $76.51 and a 44.28% increase over the 52 week low of $51.35. CTSH is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). CTSH's current earnings per share, an indicator of a company's profitability, is $3.24. Zacks Investment Research reports CTSH's forecasted earnings growth in 2017 as 12.42%, compared to an industry average of 11.7%. For more information on the declaration, record and payment dates, visit the CTSH Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to CTSH through an Exchange Traded Fund [ETF]? The following ETF(s) have CTSH as a top-10 holding: AdvisorShares Focused Equity ETF ( CWS ) SPDR S&P Software & Services ETF ( XSW ). The top-performing ETF of this group is XSW with an increase of 6.47% over the last 100 days. CWS has the highest percent weighting of CTSH at 4.64%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Bill Ackman Comments on ADP""]" ADP,2017-11-17,99.5984,99.7755,98.9367,99.6661,"[""3 Stocks Billionaires Own Drafting is a technique in which you ride in the wake of another vehicle, and have its wind vortex pull you along. You see it a lot in car racing, but you can also witness it out on the highway when someone is following closely behind a big-rig truck. Investors can do it too: You can try to follow along in the slipstream of billionaire hedge-fund operators, using their SEC filings to see where they're making big bets, and getting stock ideas from them. Recently, personal finance website WalletHub examined the most recent SEC disclosures filed by more than 400 hedge funds and billionaires , and three companies that billionaires Carl Icahn, Nelson Peltz, and Bill Ackman had taken big stakes in caught my eye. Let's take a closer look at Freeport-McMoRan (NYSE: FCX) , Procter & Gamble (NYSE: PG) , and Automatic Data Processing (NASDAQ: ADP) to see why these were the biggest buys these legends added to their portfolios. There's gold (and copper) in them hills! Freeport-McMoRan is the world's largest copper producer, but it has been mired in a long-running dispute over its massive Grasberg mine in Indonesia. Between the government saddling it with tougher restrictions and higher taxes, and separatist guerillas vowing to destroy the mine as they fight for independence, Freeport has been suffering. Added to its difficulties was a collapse in commodity prices that sent copper prices from $4.50 a pound back in 2011 to a low of around $2 a pound last year. Thanks to a rally that began this past May, copper prices have recovered to over $3 a pound. That suggests good timing on the part of Carl Icahn, whose investment in Freeport has gained about 19% since he spent about $4 million to pick up more than 350,000 shares at an average price of $11.41 on the open market. He now owns around 91.6 million shares -- over 6% of Freeport's shares outstanding -- making him its third-largest stakeholder. Freeport-McMoRan recently reported higher third-quarter profits on the strength of rising copper prices, which bodes well both for the miner and Icahn's investment. With copper being touted by some as \""the metal of the future,\"" following Icahn into the miner could help your portfolio too. Change investors can believe in? When activist investor Nelson Peltz disclosed his Trian Management Fund had taken a $3.5 billion stake in consumer products giant Procter & Gamble, he made it clear that he'd bought in for the express purpose of gaining a seat on the company's board of directors, and using his influence to help turn the business around. He asserted that P&G was saddled with \""excessive cost and bureaucracy\"" and had lagged over the last 10 years in total shareholder return. Peltz wanted the company to reorganize into three business units: beauty, grooming, and healthcare; fabric and home care; and baby, feminine, and family care. While P&G said it had taken many of Peltz's recommendations, he argued the company didn't go far enough. It apparently did go to far by claiming to have fended off Peltz's proxy battle and kept him off its board by a narrow margin. It turns out, though, Peltz actually won a seat on P&G's board. While management might challenge the results, the slim win means it will now be under extreme pressure to implement more of his plan and regain investor support. With shares trading around the same level as when Peltz first disclosed his stake, there may be a good chance for more upside if he succeeds, and investors drafting in his wake can benefit from any changes he's able to effect. Another tilt at windmills That's not quite the same outcome Bill Ackman achieved, as he met with a proxy battle defeat after taking a $2.3 billion position in Automatic Data Processing and attempting to getting three seats on ADP's board. ADP CEO Carlos Rodriguez used far more colorful language to describe the activist investor's defeat: The Pershing Square hedge fund operator got less than 20% of the votes cast in that bid for board seats. Ackman, however, is vowing to hang around and mount another campaign if ADP doesn't shape up. His main charge against the payroll processor was that an array of inefficiencies are holding back its potential; he also said Rodriguez was not the person who should lead the company. That may explain why the CEO relished the proxy outcome as much as he did. Ackman didn't have much support for his positions, as Institutional Shareholder Services recommended supporting only one of his candidates and another billionaire investor, Leon Cooperman, also described his critiques of the company as wrong-headed. Shares of ADP are up 20% since the beginning of the year, though they've given back some of their recent gains. By taking a high-profile campaign to the payment processor, Ackman may have at least given investors insight into a potential opportunity that existed. Even if his own hopes to make a change were dashed, investors can still ride on his coattails with jobs growth surging again following the hurricanes that hit Texas and Florida. 10 stocks we like better than Freeport-McMoRan Copper & Gold When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Freeport-McMoRan Copper & Gold wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of November 6, 2017 Rich Duprey has no position in any of the stocks mentioned. The Motley Fool recommends Automatic Data Processing. The Motley Fool has a disclosure policy . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Coastline Trust Co Buys DowDuPont Inc, iShares U.S. Preferred Stock ETF, Amazon. ... Coastline Trust Co New Purchases: DWDP , PFF , OKE , NVDA, CTXS, EMB, WYNN, BK, GOOG, DNKN, Added Positions:AMZN, DIS, VEA, VTIP, AMGN, CSCO, DVA, SYMC, ALV, ORCL, Reduced Positions:ADBE, TMO, WTR, PGX, XLU, FICO, MPC, ADP, MON, GNTX, Sold Out:DD, PNRA, TEVA, AEP, CNI, GSK, IDXX, TGT, TTF, TTF, For the details of Coastline Trust Co's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Coastline+Trust+Co These are the top 5 holdings of Coastline Trust Co Vanguard Intermediate-Term Corporate Bond ETF ( VCIT ) - 178,483 shares, 2.86% of the total portfolio. Shares added by 1.22% Vanguard Short-Term Corporate Bond ETF ( VCSH ) - 116,030 shares, 1.69% of the total portfolio. Shares added by 1.70% Comcast Corp ( CMCSA ) - 225,656 shares, 1.58% of the total portfolio. Shares added by 1.30% Vanguard FTSE Developed Markets ( VEA ) - 193,350 shares, 1.53% of the total portfolio. Shares added by 8.43% Automatic Data Processing Inc ( ADP ) - 67,290 shares, 1.34% of the total portfolio. Shares reduced by 5.93% New Purchase: DowDuPont Inc (DWDP) Coastline Trust Co initiated holdings in DowDuPont Inc. The purchase prices were between $63.11 and $70.41, with an estimated average price of $65.88. The stock is now traded at around $70.74. The impact to the portfolio due to this purchase was 0.81%. The holdings were 64,556 shares as of 2017-09-30. New Purchase: iShares U.S. Preferred Stock ETF (PFF) Coastline Trust Co initiated holdings in iShares U.S. Preferred Stock ETF. The purchase prices were between $38.62 and $39.3, with an estimated average price of $38.96. The stock is now traded at around $38.38. The impact to the portfolio due to this purchase was 0.77%. The holdings were 109,312 shares as of 2017-09-30. New Purchase: ONEOK Inc (OKE) Coastline Trust Co initiated holdings in ONEOK Inc. The purchase prices were between $50.36 and $56.88, with an estimated average price of $54.03. The stock is now traded at around $50.67. The impact to the portfolio due to this purchase was 0.21%. The holdings were 20,294 shares as of 2017-09-30. New Purchase: NVIDIA Corp (NVDA) Coastline Trust Co initiated holdings in NVIDIA Corp. The purchase prices were between $139.33 and $187.55, with an estimated average price of $165.66. The stock is now traded at around $211.36. The impact to the portfolio due to this purchase was 0.16%. The holdings were 4,870 shares as of 2017-09-30. New Purchase: Citrix Systems Inc (CTXS) Coastline Trust Co initiated holdings in Citrix Systems Inc. The purchase prices were between $74.52 and $82.78, with an estimated average price of $77.71. The stock is now traded at around $86.51. The impact to the portfolio due to this purchase was 0.12%. The holdings were 8,320 shares as of 2017-09-30. New Purchase: iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) Coastline Trust Co initiated holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF. The purchase prices were between $112.83 and $117.26, with an estimated average price of $115.53. The stock is now traded at around $115.24. The impact to the portfolio due to this purchase was 0.11%. The holdings were 5,170 shares as of 2017-09-30. Added: Amazon.com Inc (AMZN) Coastline Trust Co added to the holdings in Amazon.com Inc by 48.77%. The purchase prices were between $938.6 and $1052.8, with an estimated average price of $981.92. The stock is now traded at around $1129.88. The impact to the portfolio due to this purchase was 0.22%. The holdings were 3,871 shares as of 2017-09-30. Added: Walt Disney Co (DIS) Coastline Trust Co added to the holdings in Walt Disney Co by 77.20%. The purchase prices were between $97.06 and $110.61, with an estimated average price of $102.92. The stock is now traded at around $103.44. The impact to the portfolio due to this purchase was 0.17%. The holdings were 21,725 shares as of 2017-09-30. Added: Vanguard Short-Term Inflation-Protected Securities (VTIP) Coastline Trust Co added to the holdings in Vanguard Short-Term Inflation-Protected Securities by 30.03%. The purchase prices were between $49.17 and $49.66, with an estimated average price of $49.41. The stock is now traded at around $49.58. The impact to the portfolio due to this purchase was 0.11%. The holdings were 54,931 shares as of 2017-09-30. Added: Symantec Corp (SYMC) Coastline Trust Co added to the holdings in Symantec Corp by 109.24%. The purchase prices were between $27.47 and $34.16, with an estimated average price of $30.4. The stock is now traded at around $28.04. The impact to the portfolio due to this purchase was 0.07%. The holdings were 22,104 shares as of 2017-09-30. Added: DaVita Inc (DVA) Coastline Trust Co added to the holdings in DaVita Inc by 72.78%. The purchase prices were between $56.13 and $66.42, with an estimated average price of $60.27. The stock is now traded at around $54.91. The impact to the portfolio due to this purchase was 0.07%. The holdings were 15,170 shares as of 2017-09-30. Added: Starbucks Corp (SBUX) Coastline Trust Co added to the holdings in Starbucks Corp by 168.94%. The purchase prices were between $52.7 and $59.5, with an estimated average price of $55.48. The stock is now traded at around $56.93. The impact to the portfolio due to this purchase was 0.06%. The holdings were 9,265 shares as of 2017-09-30. Sold Out: E.I. du Pont de Nemours & Co (DD) Coastline Trust Co sold out the holdings in E.I. du Pont de Nemours & Co. The sale prices were between $80.81 and $85.49, with an estimated average price of $82.78. Sold Out: Panera Bread Co (PNRA) Coastline Trust Co sold out the holdings in Panera Bread Co. The sale prices were between $314.72 and $314.93, with an estimated average price of $314.81. Sold Out: Teva Pharmaceutical Industries Ltd (TEVA) Coastline Trust Co sold out the holdings in Teva Pharmaceutical Industries Ltd. The sale prices were between $15.41 and $33.31, with an estimated average price of $22.57. Sold Out: American Electric Power Co Inc (AEP) Coastline Trust Co sold out the holdings in American Electric Power Co Inc. The sale prices were between $68.17 and $74.55, with an estimated average price of $71.22. Sold Out: Target Corp (TGT) Coastline Trust Co sold out the holdings in Target Corp. The sale prices were between $50.18 and $59.96, with an estimated average price of $55.96. Sold Out: IDEXX Laboratories Inc (IDXX) Coastline Trust Co sold out the holdings in IDEXX Laboratories Inc. The sale prices were between $150.32 and $170.18, with an estimated average price of $158.16. Warning! GuruFocus has detected 3 Warning Sign with AMZN. Click here to check it out. AMZN 15-Year Financial Data The intrinsic value of AMZN Peter Lynch Chart of AMZN Premium Members This article first appeared on GuruFocus . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-11-20,99.7556,99.9228,99.0551,99.1837,"[""Automatic Data Processing, Inc. 2017 Q1 - Results - Earnings Call Slides"", ""The IM-Capital Strength 20-Stock Universe Of The Russell 1000: Update November 2017"", ""Automatic Data Processing, Inc. 2017 Q1 - Results - Earnings Call Slides"", ""The IM-Capital Strength 20-Stock Universe Of The Russell 1000: Update November 2017"", ""Noteworthy ETF Outflows: IXN, ADP, ATVI, HPQ Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Global Tech ETF (Symbol: IXN) where we have detected an approximate $23.2 million dollar outflow -- that's a 1.6% decrease week over week (from 9,200,000.00 to 9,050,000.00). Among the largest underlying components of IXN, in trading today Automatic Data Processing Inc. (Symbol: ADP) is off about 0.1%, Activision Blizzard, Inc. (Symbol: ATVI) is down about 0.8%, and HP Inc (Symbol: HPQ) is up by about 0.8%. For a complete list of holdings, visit the IXN Holdings page \u00bb The chart below shows the one year price performance of IXN, versus its 200 day moving average: Looking at the chart above, IXN's low point in its 52 week range is $106.34 per share, with $156.23 as the 52 week high point - that compares with a last trade of $155.30. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""DST Systems, Inc. (DST) Ex-Dividend Date Scheduled for November 21, 2017 DST Systems, Inc. ( DST ) will begin trading ex-dividend on November 21, 2017. A cash dividend payment of $0.18 per share is scheduled to be paid on December 08, 2017. Shareholders who purchased DST prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DST has paid the same dividend. At the current stock price of $59.77, the dividend yield is 1.2%. The previous trading day's last sale of DST was $59.77, representing a -5.04% decrease from the 52 week high of $62.95 and a 19.02% increase over the 52 week low of $50.22. DST is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). DST's current earnings per share, an indicator of a company's profitability, is $6.78. Zacks Investment Research reports DST's forecasted earnings growth in 2017 as 7.59%, compared to an industry average of 10.2%. For more information on the declaration, record and payment dates, visit the DST Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. 2017 Q1 - Results - Earnings Call Slides"", ""The IM-Capital Strength 20-Stock Universe Of The Russell 1000: Update November 2017""]" ADP,2017-11-21,99.7457,99.893,98.9761,99.2026,"[""Intuit (INTU) Q1 Earnings & Revenues Top, Keeps FY18 Outlook"", ""Air Products Inks Oxygen & Nitrogen Supply Deal In China"", ""Air Products Inks Oxygen & Nitrogen Supply Deal In China"", ""Intuit (INTU) Q1 Earnings & Revenues Top, Keeps FY18 Outlook"", ""Automatic Data Processing a Top Ranked SAFE Dividend Stock With 2.3% Yield (ADP) Automatic Data Processing Inc. (Symbol: ADP) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.3% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report. According to the ETF Finder at ETF Channel , Automatic Data Processing Inc. is a member of the iShares S&P 1500 Index ETF ( ITOT ), and is also an underlying holding representing 0.84% of the SPDR S&P Dividend ETF ( SDY ), which holds $134,818,558 worth of ADP shares. Automatic Data Processing Inc. (Symbol: ADP) made the \""Dividend Channel S.A.F.E. 25\"" list because of these qualities: S . Solid return - hefty yield and strong DividendRank characteristics; A. Accelerating amount - consistent dividend increases over time; F . Flawless history - never a missed or lowered dividend; E. Enduring - at least two decades of dividend payments. The annualized dividend paid by Automatic Data Processing Inc. is $2.52/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/07/2017. Below is a long-term dividend history chart for ADP, which the report stressed as being of key importance. ADP operates in the Information Technology Services sector, among companies like International Business Machines Corp ( IBM ), and Accenture plc ( ACN ). Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Intuit (INTU) Q1 Earnings & Revenues Top, Keeps FY18 Outlook Intuit Inc. INTU delivered stellar first-quarter fiscal 2018 results. The company reported non-GAAP income (excluding stock-based compensation, amortization and other one-time items) from continuing operations of 11 cents per share, surpassing the Zacks Consensus Estimate of 5 cents. Intuit stock has gained 37% year over year, outperforming 36.2% rally of the industry it belongs to. Quarter in Detail This tax-preparation related software maker reported revenues of $886 million, which came ahead of management's guided range of $840-$860 million and also outpaced the Zacks Consensus Estimate of $855 million. On a year-over-year basis, revenues were up 13.9% primarily owing to better-than-expected growth in QuickBooks Online and ecosystem along with new and improved products. Services and Other revenues climbed nearly 17.9% to $567 million while product revenues were up 7.4% to $319 million. Segment-wise, Small Business and Self-Employed Group witnessed 17% year-over-year growth driven mainly by strong customer acquisition. Continued subscriber growth for QuickBooks Online and QuickBooks Self-Employed also acted as a catalyst. The company recorded an increase of 56% in QuickBooks Online subscribers for the year, bringing the total global count to 2.55 million. QuickBooks Self-Employed subscribers totaled 425,000 during the quarter. Revenues from the Small Business online ecosystem increased 35% on a year-over-year basis, primarily due to online customer acquisition. Revenues from Consumer Group were up 7% year over year. Professional tax revenues within Strategic Partners Group improved 2%. Coming to operational metrics, Intuit reported non-GAAP gross profit of $689 million, up 15.6% year over year, backed by higher revenues. Gross margin for the quarter came in at 77.8% as compared with 76.6% reported in the year-ago quarter. The company posted non-GAAP operating income of $43 million compared with $$32 million in the year-ago quarter. Operating margins expanded 70 basis points to 4.8% during the quarter. Intuit posted non-GAAP net income from continuing operations of approximately $29 million compared with first-quarter fiscal 2017 net income of $15 million. Balance Sheet and Cash Flows Intuit exited the fiscal first quarter with cash and investments of $777 million, flat quarter over quarter. Long-term debt was $425 million at quarter end as compared with $438 million reported in the previous quarter. Cash used in operational activities during the quarter was $78 million. During the quarter, the company repurchased $170 million shares, with $1.4 billion still remaining under the share repurchase authorization. The company received an authorization to pay a dividend of 39 cents per share on Jan 18, 2018. Outlook Intuit provided second-quarter guidance and reiterated fiscal 2018 guidance. For the fiscal second quarter, the company anticipates revenues in a range of $1.160-$1.180 million. The Zacks Consensus Estimate is pegged at $1.12 billion. Intuit expects fiscal second quarter non-GAAP operating income in the range of $130-$140 million. The company anticipates reporting non-GAAP earnings in the band of 31-34 cents per share. The Zacks Consensus Estimate is pegged at 31 cents per share. For fiscal 2018, the company still anticipates revenues of $5.640-$5.740 billion, representing an increase of 9-11% year over year. The Zacks Consensus Estimate is pegged at $5.69 billion. QuickBooks Online subscribers for fiscal 2018 are expected to be in the range of 3.275-3.375 million. Small Business online ecosystem is anticipated to grow more than 30%. Non-GAAP operating income is now expected in a range of $1.885-$1.935 billion, representing growth of 9-12%. Non-GAAP earnings per share are projected between $4.90 and $5.00, up 11-13%. The Zacks Consensus Estimate currently is pegged at $4.96 per share. Our Take Intuit reported better-than-expected fiscal first-quarter 2018 results, and also provided an encouraging second-quarter and fiscal 2018 view. Its revenue performance improved on a year-over-year basis owing to strong growth in QuickBooks Online and success in Consumer Tax and ProConnect. We are positive about Intuit's growing SMB exposure and believe that its strategic acquisitions will boost the segment. Increased adoption of its cloud-based services and products is another positive. The company has also restructured business to focus on the QuickBooks services. It expects to continue investing in this portfolio, which might hurt near-term profitability. Stiff competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. Currently, Intuit carries a Zacks Rank #3 (Hold). A better-ranked stock in the technology space is NVIDIA Corporation NVDA , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. NVIDIA has a long-term expected EPS growth rate of 11.2%. Zacks' Hidden Trades While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them? Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trade>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paycom Software, Inc. (PAYC): Free Stock Analysis Report Intuit Inc. (INTU): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Air Products Inks Oxygen & Nitrogen Supply Deal In China"", ""Intuit (INTU) Q1 Earnings & Revenues Top, Keeps FY18 Outlook""]" ADP,2017-11-22,99.065,99.371,98.4929,98.8776,"[""Mystery Stocks Revealed In My 88 Stock Portfolio Along With 2018 Income Estimates"", ""Mystery Stocks Revealed In My 88 Stock Portfolio Along With 2018 Income Estimates"", ""Mystery Stocks Revealed In My 88 Stock Portfolio Along With 2018 Income Estimates""]" ADP,2017-11-24,98.769,99.0847,98.2266,98.7099,"7 Reasons to Hold Intuit (INTU) Stock in Your Portfolio Shares of Intuit Inc.INTU , a business and financial software company, have been performing well of late. If you haven't taken advantage of the share price appreciation yet, its time you hold the stock in your portfolio as it looks promising and is poised to carry the momentum ahead. This Zacks Rank #3 (Hold) stock has an estimated long-term earnings growth rate of 14.1%. Estimates Northbound Estimates for Intuithave moved up in the last 30 days, reflecting the optimistic outlook of analysts. The earnings estimates for fiscal 2018 and 2019 have gone up in the last 30 days. For fiscal 2018, the Zacks Consensus Estimate for earnings has gone up by 1 cent in the last 30 days and is pegged at $4.97. The Zacks Consensus Estimate for fiscal 2019 also moved north by 3 cents to $5.58. Positive Earnings Surprise History Intuit outpaced the Zacks Consensus Estimate in the trailing four quarters, recording an encouraging positive average earnings surprise of 37.5%. Ahead of the Industry Intuit stock has gained 32.1% year over year, outperforming 31.2% rally of the industry it belongs to. Upbeat Q1 Intuit delivered stellar first-quarter fiscal 2018 results. The company reported non-GAAP income (excluding stock-based compensation, amortization and other one-time items) from continuing operations of 11 cents per share, surpassing the Zacks Consensus Estimate of 5 cents. This tax-preparation related software maker reported revenues of $886 million, which came ahead of management's guided range of $840-$860 million and also outpaced the Zacks Consensus Estimate of $855 million. On a year-over-year basis, revenues were up 13.9% primarily owing to better-than-expected growth in QuickBooks Online and ecosystem along with new and improved products. Strong Guidance For the second quarter, the company anticipates revenues in a range of $1.160-$1.180 million. The Zacks Consensus Estimate was pegged at $1.12 billion. The company anticipates reporting non-GAAP earnings in the band of 31-34 cents per share. The Zacks Consensus Estimate was pegged at 31 cents per share. For fiscal 2018, the company still expects revenues of $5.640-$5.740 billion, representing an increase of 9-11% year over year. The Zacks Consensus Estimate was pegged at $5.69 billion. Non-GAAP earnings per share are projected between $4.90 and $5.00, up 11-13%. The Zacks Consensus Estimate currently is pegged at $4.96 per share. Valuation On the valuation front too, the stock looks attractive. The company currently trades at a forward P/E multiple of 30.5x, significantly lower than the industry's average of 56.2x. The ratio, which is obtained by dividing a stock's current market price with its historical or estimated earnings, measures how much an investor needs to shell out per dollar of earnings. Therefore, the lower the P/E of a stock, the better it is for a value investor. Growth Drivers We are positive about Intuit's growing SMB exposure and believe that its strategic acquisitions will boost the segment. Increased adoption of its cloud-based services and products is another positive. The company has also restructured business to focus on the QuickBooks services. It expects to continue investing in this portfolio, which might hurt near-term profitability. However, stiff competition from payroll solution providers such as Paycom Software Inc. PAYC and Automatic Data Processing ADP is a concern, especially considering the seasonality of Intuit's tax business and the ongoing economic uncertainty. A better-ranked stock in the broader technology include NVIDIA Corporation NVDA , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . NVIDIA has a long-term EPS growth rate of 11.2%. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paycom Software, Inc. (PAYC): Free Stock Analysis Report Intuit Inc. (INTU): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-11-27,99.065,99.2918,98.5422,98.8086,"[""Can Robert Half's Growth Drivers Offset Protiviti Weakness?"", ""Pershing Square Holdings: Hedge Fund Available At A 23% Discount"", ""A Closer Look At Pershing Square's Shareholder Letter: ADP, Chipotle, And More"", ""A Closer Look At Pershing Square's Shareholder Letter: ADP, Chipotle, And More"", ""Pershing Square Holdings: Hedge Fund Available At A 23% Discount"", ""Can Robert Half's Growth Drivers Offset Protiviti Weakness?"", ""Can Robert Half's Growth Drivers Offset Protiviti Weakness? Robert Half International Inc.RHI has been struggling with underlying weakness in Protiviti segment and sluggish domestic hiring trends. These factors also weighed on the company in third-quarter 2017, wherein earnings and sales declined year-over-year for the fifth straight quarter. However, the company is encouraged with the improving trends in the U.S. market. Further, the company has managed to stay afloat, courtesy of strong international operations and constant investments in technology up-gradation initiatives. Evidently, shares of this Zacks Rank #3 (Hold) company have surged 24% in the past three months, almost in line with the industry 's rally of 25.4%. Let's now delve into the factors that have been impacting Robert Half's performance lately. Soft Protiviti Segment & Escalated Costs Protiviti is the wholly-owned subsidiary of Robert Half, offering varied risk consulting and audit services. Of late, the segment has been depicting weakness due to declining margins and fewer high-margin clients. During the third quarter of 2017, Protiviti's revenues declined about 4% to $209 million, primarily stemming from weak trends in the United States. Despite a stable U.S. economic environment and a stronger job market, the hiring cycle continues to be lengthy as employers take more time to make hiring decisions. This is negatively affecting the company's profits. Further, gross margin in the segment contracted 130 basis points to 29.6% during the quarter, severely affecting the company's profits. The company has also been incurring increased selling, general and administrative (SG&A) expenses owing to higher staffing costs. Further, management expects SG&A deleverage, on account of costs related to IT initiatives, increased head count and higher compensations, especially outside the United States. The Driving Factors Nevertheless, the company has been witnessing strength in international hiring, driven by increasing demand for its professional staffing services. This, in turn has encouraged Robert Half to steadily invest in technology improvements. Major software initiatives include upgrades to enterprise resource planning applications and the implementation of a global, cloud-based customer relationship management application. Further, the company continues to invest in digital technology initiatives designed to enhance the service offerings to clients and candidates. In this regard, Robert Half concluded the global rollout of its CRM software in 2017, while it also launched a website recently. Notably, international revenue growth, mainly from European regions, provided some cushion to Robert Half's soft revenues in third-quarter 2017. While Robert Half's U.S. revenues were soft in the third quarter, management noted that trends improved in September which continued till October. Further, management is optimistic about the overall improved economic scenario. The increased economic activity in the United States and an optimistic growth view for 2017 give out positive signals for Robert Half's business. Looking For More? Check These Three Picks Investors may also consider better-ranked stocks from the same sector such as Automatic Data Processing Inc. ADP , Blucora Inc. BCOR and Broadridge Financial Solutions, Inc BR , all carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Automatic Data Processing delivered an average positive earnings surprise of 4.5% in the trailing four quarters. It has a long-term earnings growth rate of 10%. Blucora pulled off an average positive earnings surprise of 23.7% in the trailing four quarters. It has a long-term earnings growth rate of 20%. Broadridge came up with an average positive earnings surprise of 12.8% in the trailing four quarters. It has a long-term earnings growth rate of 10%. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Blucora, Inc. (BCOR): Free Stock Analysis Report Robert Half International Inc. (RHI): Free Stock Analysis Report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""A Closer Look At Pershing Square's Shareholder Letter: ADP, Chipotle, And More"", ""Pershing Square Holdings: Hedge Fund Available At A 23% Discount"", ""Can Robert Half's Growth Drivers Offset Protiviti Weakness?""]" ADP,2017-11-28,98.8677,99.9726,98.8086,99.7755,"[""Covered Options Review For The Rose 88 Stock Portfolio And How To Do It Yourself"", ""Covered Options Review For The Rose 88 Stock Portfolio And How To Do It Yourself"", ""Jack Henry & Associates, Inc. (JKHY) Ex-Dividend Date Scheduled for November 29, 2017 Jack Henry & Associates, Inc. ( JKHY ) will begin trading ex-dividend on November 29, 2017. A cash dividend payment of $0.31 per share is scheduled to be paid on December 15, 2017. Shareholders who purchased JKHY prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that JKHY has paid the same dividend. At the current stock price of $114.9, the dividend yield is 1.08%. The previous trading day's last sale of JKHY was $114.9, representing a -0.38% decrease from the 52 week high of $115.34 and a 36.34% increase over the 52 week low of $84.28. JKHY is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). JKHY's current earnings per share, an indicator of a company's profitability, is $3.17. Zacks Investment Research reports JKHY's forecasted earnings growth in 2018 as 4.72%, compared to an industry average of 9.9%. For more information on the declaration, record and payment dates, visit the JKHY Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to JKHY through an Exchange Traded Fund [ETF]? The following ETF(s) have JKHY as a top-10 holding: WBI Power Factor High Dividend ETF ( WBIY ) PowerShares S&P MidCap Low Volatility Portfolio ( XMLV ) iShares S&P Mid-Cap 400 Growth ETF ( IJK ) SPDR S&P 400 Mid Cap Growth ETF (based on S&P MidCap 400 Growt ( MDYG ) Vanguard S&P Mid-Cap 400 Growth ETF ( IVOG ). The top-performing ETF of this group is IVOG with an increase of 9.15% over the last 100 days. WBIY has the highest percent weighting of JKHY at 4.31%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CME Group Takes Over #114 Spot From Automatic Data Processing In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, CME Group (Symbol: CME) has taken over the #114 spot from Automatic Data Processing Inc. (Symbol: ADP), according to The Online Investor . Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company's stock. Many beginning investors look at one stock trading at $10 and another trading at $20 and mistakenly think the latter company is worth twice as much - that of course is a completely meaningless comparison without knowing how many shares of each company exist. But comparing market capitalization (factoring in those share counts) creates a true \""apples-to-apples\"" comparison of the value of two stocks. In the case of CME Group (Symbol: CME), the market cap is now $49.38 billion, versus Automatic Data Processing Inc. (Symbol: ADP) at $49.32 billion. Below is a chart of CME Group versus Automatic Data Processing Inc. plotting their respective size rank within the S&P 500 over time (CME plotted in blue; ADP plotted in green): Below is a three month price history chart comparing the stock performance of CME vs. ADP: Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers - much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV's). This can have a direct impact on which mutual funds and ETFs are willing to own the stock. For instance, a mutual fund that is focused solely on Large Cap stocks may for example only be interested in those companies sized $10 billion or larger. Another illustrative example is the S&P MidCap index which essentially takes the S&P 500 index and \""tosses out\"" the biggest 100 companies so as to focus solely on the 400 smaller \""up-and-comers\"" (which in the right environment can outperform their larger rivals). So a company's market cap, especially in relation to other companies, carries great importance, and for this reason we at The Online Investor find value to putting together these rankings daily. According to the ETF Finder at ETF Channel, CME and ADP collectively make up 1.71% of the iShares Edge MSCI Min Vol USA ETF ( USMV ) which is higher by about 0.8% on the day Tuesday. At the closing bell, CME is up about 2.1%, while ADP is up about 1% on the day Tuesday. The 20 Largest U.S. Companies By Market Capitalization \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Covered Options Review For The Rose 88 Stock Portfolio And How To Do It Yourself""]" ADP,2017-11-29,99.7457,102.724,99.4493,101.679,"[""Altria Group: Total Return And Dividend Growth Play, Buy The Dip"", ""Altria Group: Total Return And Dividend Growth Play, Buy The Dip"", ""iShares Edge MSCI Min Vol Global ETF Experiences Big Inflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Edge MSCI Min Vol Global ETF (Symbol: ACWV) where we have detected an approximate $260.9 million dollar inflow -- that's a 7.2% increase week over week in outstanding units (from 42,900,000.0 to 46,000,000.0). Among the largest underlying components of ACWV, in trading today Automatic Data Processing Inc. (Symbol: ADP) is up about 2.4%, Consolidated Edison Inc (Symbol: ED) is down about 0.2%, and Intuitive Surgical Inc (Symbol: ISRG) is lower by about 0.5%. For a complete list of holdings, visit the ACWV Holdings page \u00bb The chart below shows the one year price performance of ACWV, versus its 200 day moving average: Looking at the chart above, ACWV's low point in its 52 week range is $71.80 per share, with $84.43 as the 52 week high point - that compares with a last trade of $84.35. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for November 30, 2017 Open Text Corporation ( OTEX ) will begin trading ex-dividend on November 30, 2017. A cash dividend payment of $0.132 per share is scheduled to be paid on December 20, 2017. Shareholders who purchased OTEX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that OTEX has paid the same dividend. At the current stock price of $33.06, the dividend yield is 1.6%. The previous trading day's last sale of OTEX was $33.06, representing a -6.74% decrease from the 52 week high of $35.45 and a 11.78% increase over the 52 week low of $29.58. OTEX is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). OTEX's current earnings per share, an indicator of a company's profitability, is $.57. Zacks Investment Research reports OTEX's forecasted earnings growth in 2018 as -82.42%, compared to an industry average of 10.9%. For more information on the declaration, record and payment dates, visit the OTEX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Altria Group: Total Return And Dividend Growth Play, Buy The Dip""]" ADP,2017-11-30,101.383,102.97,101.254,102.704,"[""55 Dividend Growth Stocks Going Ex-Dividend Next Week"", ""55 Dividend Growth Stocks Going Ex-Dividend Next Week"", ""Notable Thursday Option Activity: MA, ABBV, ADP Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Mastercard Inc (Symbol: MA), where a total of 12,971 contracts have traded so far, representing approximately 1.3 million underlying shares. That amounts to about 41.3% of MA's average daily trading volume over the past month of 3.1 million shares. Especially high volume was seen for the $144 strike put option expiring December 15, 2017 , with 3,017 contracts trading so far today, representing approximately 301,700 underlying shares of MA. Below is a chart showing MA's trailing twelve month trading history, with the $144 strike highlighted in orange: AbbVie Inc (Symbol: ABBV) saw options trading volume of 18,841 contracts, representing approximately 1.9 million underlying shares or approximately 40.6% of ABBV's average daily trading volume over the past month, of 4.6 million shares. Particularly high volume was seen for the $105 strike call option expiring January 19, 2018 , with 11,749 contracts trading so far today, representing approximately 1.2 million underlying shares of ABBV. Below is a chart showing ABBV's trailing twelve month trading history, with the $105 strike highlighted in orange: And Automatic Data Processing Inc. (Symbol: ADP) options are showing a volume of 9,394 contracts thus far today. That number of contracts represents approximately 939,400 underlying shares, working out to a sizeable 40.6% of ADP's average daily trading volume over the past month, of 2.3 million shares. Especially high volume was seen for the $120 strike call option expiring January 19, 2018 , with 2,536 contracts trading so far today, representing approximately 253,600 underlying shares of ADP. Below is a chart showing ADP's trailing twelve month trading history, with the $120 strike highlighted in orange: For the various different available expirations for MA options , ABBV options , or ADP options , visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""55 Dividend Growth Stocks Going Ex-Dividend Next Week""]" ADP,2017-12-01,102.241,103.503,100.722,102.063,"[""10%-Plus Increases Expected From 7 Dividend Growth Companies In December"", ""Lightning Round: Jim Cramer Weighs In On Boston Scientific, Masco, ADP And More"", ""Lightning Round: Jim Cramer Weighs In On Boston Scientific, Masco, ADP And More"", ""10%-Plus Increases Expected From 7 Dividend Growth Companies In December"", ""CSG Systems International, Inc. (CSGS) Ex-Dividend Date Scheduled for December 04, 2017 CSG Systems International, Inc. ( CSGS ) will begin trading ex-dividend on December 04, 2017. A cash dividend payment of $0.198 per share is scheduled to be paid on December 20, 2017. Shareholders who purchased CSGS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CSGS has paid the same dividend. At the current stock price of $45.88, the dividend yield is 1.72%. The previous trading day's last sale of CSGS was $45.88, representing a -10.63% decrease from the 52 week high of $51.34 and a 29.32% increase over the 52 week low of $35.48. CSGS is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). CSGS's current earnings per share, an indicator of a company's profitability, is $1.79. Zacks Investment Research reports CSGS's forecasted earnings growth in 2017 as -10.26%, compared to an industry average of 15.4%. For more information on the declaration, record and payment dates, visit the CSGS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Lightning Round: Jim Cramer Weighs In On Boston Scientific, Masco, ADP And More"", ""10%-Plus Increases Expected From 7 Dividend Growth Companies In December""]" ADP,2017-12-04,103.523,104.726,102.615,103.0,"[""Walt Disney: Total Return, Increased Dividend And Fantastic Content"", ""Walt Disney: Total Return, Increased Dividend And Fantastic Content"", ""DXC Technology Company (DXC) Ex-Dividend Date Scheduled for December 05, 2017 DXC Technology Company ( DXC ) will begin trading ex-dividend on December 05, 2017. A cash dividend payment of $0.18 per share is scheduled to be paid on January 16, 2018. Shareholders who purchased DXC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DXC has paid the same dividend. At the current stock price of $95.58, the dividend yield is .75%. The previous trading day's last sale of DXC was $95.58, representing a -3.88% decrease from the 52 week high of $99.44 and a 49.2% increase over the 52 week low of $64.06. DXC is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). DXC's current earnings per share, an indicator of a company's profitability, is $.59. Zacks Investment Research reports DXC's forecasted earnings growth in 2018 as 138.33%, compared to an industry average of 8.4%. For more information on the declaration, record and payment dates, visit the DXC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Walt Disney: Total Return, Increased Dividend And Fantastic Content""]" ADP,2017-12-05,105.239,105.239,103.434,103.828,"[""Looking Ahead to Jobs Data"", ""ADP: I Misjudged The Valuation"", ""Bank of America Upgrades Automatic Data Processing to Buy"", ""ADP Shares Up 0.98%; BofA Earlier Upgraded To Buy, Raised Price Target From $116 to $131, Seeing ADP As Preferable To Paychex Given Prospects For Sharper Acceleration; Firm Also Maintained Buy On Paychex And Raised Price Target From $68 to $73"", ""ADP Vs. Paychex: Bank Of America Changes Its Preference"", ""ADP Vs. Paychex: Bank Of America Changes Its Preference"", ""ADP Shares Up 0.98%; BofA Earlier Upgraded To Buy, Raised Price Target From $116 to $131, Seeing ADP As Preferable To Paychex Given Prospects For Sharper Acceleration; Firm Also Maintained Buy On Paychex And Raised Price Target From $68 to $73"", ""Bank of America Upgrades Automatic Data Processing to Buy"", ""Looking Ahead to Jobs Data"", ""ADP: I Misjudged The Valuation"", ""Jobs Data To Look For This is an important week for economic data in the U.S., but not quite yet. This Friday morning, we shall see the latest non-farm payroll numbers and unemployment rate from the Bureau of Labor Statistics (BLS). We expect to see another strong month of jobs gains pretty much across the spectrum of domestic industries, with even Construction and Energy picking up some of their slack from earlier in the year. In the last read, the unemployment rate fell to 4.1% - the lowest read we've seen since the labor market was much, much smaller. Typically, the Wednesday prior to the Friday BLS figures brings the private sector payroll report from ADP ADP , as it does again this week. The over-under for the past several months (not counting temporary hurricane-related issues) has been around 180K new jobs in the private sector created each month. A number like this again tomorrow will be consistent without robust labor market; north of 200K or even 250K would suggest something else in play here: the promise of a big corporate tax cut forthcoming would allow companies to build out their workforces, and those who want to get a head start on competition may have already begun hiring. Also consider the seasonality effect in these broader jobs metrics - retail and delivery companies hire more workers around the holiday season: jobs for cashiers, security, merchandise loading and logistics all may get a bump. This would obviously be good, but not something to bank on into the early months of 2018. Thursday we will see the Initial Jobless Claims read, and these numbers have been a little more turbulent of late, shaking out of the \""normal\"" 225-250K range we've seen week to week over the past few years. Continuing claims have also been seeping up to the 2 million level of late, which is a total they have not reached in more than 30 weeks. Today, we saw a fresh read on the October Trade Balance, which sank to a deficit of -$48.7 billion, notably below the previous month's -$44.9 billion. This is the deepest hole we've seen since January of this year. Importantly, one of the main criticisms about the new (forthcoming?) tax plan is that it dumps another $1-1.7 trillion onto the nation's credit card over the next ten years. So if a dip of nearly $4 billion month over month concerns you, how much must you feel the proposed tax legislation will affect you (and the country)? Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Vs. Paychex: Bank Of America Changes Its Preference"", ""ADP Shares Up 0.98%; BofA Earlier Upgraded To Buy, Raised Price Target From $116 to $131, Seeing ADP As Preferable To Paychex Given Prospects For Sharper Acceleration; Firm Also Maintained Buy On Paychex And Raised Price Target From $68 to $73"", ""Bank of America Upgrades Automatic Data Processing to Buy"", ""Looking Ahead to Jobs Data"", ""ADP: I Misjudged The Valuation""]" ADP,2017-12-06,103.977,104.884,103.661,104.015,"[""Stocks Showing Improved Relative Strength: Automatic Data Processng"", ""Top Nasdaq Gainers Are Western Digital, Vodafone, And Microchip Per December Broker 1Yr. Targets"", ""Top Nasdaq Gainers Are Western Digital, Vodafone, And Microchip Per December Broker 1Yr. Targets"", ""Stocks Showing Improved Relative Strength: Automatic Data Processng"", ""ADP Brings 190K Private-Sector Jobs Wednesday, December 6, 2017 More good economic news hits the tape ahead of the opening bell today, with ADP ADP private sector payroll numbers coming out better than expectations. November new private-sector jobs came in at 190K, better than the 175K expected. True, this is down a bit from October's unrevised 235K, but that number retained some of the labor force volatility from the previous month's hurricane activity (September jobs were way down, October way up). The current analyst consensus for Friday's BLS non-farm payroll report is for 195K new jobs from November. These numbers between ADP and BLS don't always correlate in real time, but with future revisions the tend to tell the same story. And any number north of 100K - the amount of new labor participants added each month - shows further strengthening within the U.S. jobs market. Typically, Services brought in more than 3x the number of jobs in Goods producing: 155K versus 36K. Medium-sized companies (50-499 employees) grew the most with 99K new jobs, followed by small companies ( Q3 Productivity The final read on Q3 Productivity has also come out this morning, with 3% staying unrevised from the previous month. A solid number, even though expectations were for a slightly higher revision. Labor costs, however, were revised way down: from +0.5% in the last read to -0.2% in the final read. This is not good news for what economists have been saying for a long time about wage growth needing to get stronger; in Q3, wage growth actually went backwards. Enter the tax cut proposal, which promises to increase wages based on trickle-down economic theory. Yet with an unemployment rate trending down - 4.1% for the last BLS report, and eyeing sub-4% in the near future, if today's ADP numbers have merit - adding $1.5 trillion in deficit-financed tax cuts could cause the U.S. market to overheat, sparking a big jump in inflation and causing interest rates to spike. Talk about kicking a sleeping giant! Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Zacks' Best Private Investment Ideas While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades\u2026 from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR-DJ IND AVG (DIA): ETF Research Reports NASDAQ-100 SHRS (QQQ): ETF Research Reports SPDR-SP 500 TR (SPY): ETF Research Reports Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""More Private Sector Jobs For Americans More good economic news hits the tape ahead of the opening bell today, with ADP ADP private sector payroll numbers coming out better than expectations. November new private-sector jobs came in at 190K, better than the 175K expected. True, this is down a bit from October's unrevised 235K, but that number retained some of the labor force volatility from the previous month's hurricane activity (September jobs were way down, October way up). The current analyst consensus for Friday's BLS non-farm payroll report is for 195K new jobs from November. These numbers between ADP and BLS don't always correlate in real time, but with future revisions they tend to tell the same story. And any number north of 100K - the amount of new labor participants added each month - shows further strengthening within the U.S. jobs market. Typically, Services brought in more than 3x the number of jobs in Goods producing: 155K versus 36K. Medium-sized companies (50-499 employees) grew the most with 99K new jobs, followed by small companies ( Q3 Productivity The final read on Q3 Productivity has also come out this morning, with 3% staying unrevised from the previous month. A solid number, even though expectations were for a slightly higher revision. Labor costs, however, were revised way down: from +0.5% in the last read to -0.2% in the final read. This is not good news for what economists have been saying for a long time about wage growth needing to get stronger; in Q3, wage growth actually went backwards. Enter the tax cut proposal, which promises to increase wages based on trickle-down economic theory. Yet with an unemployment rate trending down - 4.1% for the last BLS report, and eyeing sub-4% in the near future, if today's ADP numbers have merit - adding $1.5 trillion in deficit-financed tax cuts could cause the U.S. market to overheat, sparking a big jump in inflation and causing interest rates to spike. Talk about kicking a sleeping giant! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stocks Showing Improved Relative Strength: Automatic Data Processng On Wednesday, Automatic Data Processng ( ADP ) earned a positive adjustment to its Relative Strength ( RS ) Rating , from 66 to 72. [ibd-display-video id=2385970 width=50 float=left autostart=true] This proprietary rating measures technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database. Over 100 years of market history reveals that the best-performing stocks often have an RS Rating north of 80 as they launch their biggest price moves. See if Automatic Data Processng can continue to show renewed price strength and clear that threshold. Looking For Winning Stocks? Try This Simple Routine Automatic Data Processng is working on a cup with handle with a 118.57 buy point . See if it can break out in heavy trading. The company reported 6% earnings growth in the latest quarterly report, while sales growth came in at 6%. The company earns the No. 14 rank among its peers in the Commercial Services-Outsourcing industry group. Cintas ( CTAS ), Insperity ( NSP ) and WNS ( WNS ) are among the top 5 highly rated stocks within the group. RELATED: Which Stocks Are Showing Improved Technical Action? Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing, Inc. (ADP) Ex-Dividend Date Scheduled for December 07, 2017 Automatic Data Processing, Inc. ( ADP ) will begin trading ex-dividend on December 07, 2017. A cash dividend payment of $0.63 per share is scheduled to be paid on January 01, 2018. Shareholders who purchased ADP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.53% increase over prior dividend payment. At the current stock price of $115.68, the dividend yield is 2.18%. The previous trading day's last sale of ADP was $115.68, representing a -5% decrease from the 52 week high of $121.77 and a 22.92% increase over the 52 week low of $94.11. ADP is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Cognizant Technology Solutions Corporation ( CTSH ). ADP's current earnings per share, an indicator of a company's profitability, is $3.93. Zacks Investment Research reports ADP's forecasted earnings growth in 2018 as 5.57%, compared to an industry average of 14.9%. For more information on the declaration, record and payment dates, visit the ADP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to ADP through an Exchange Traded Fund [ETF]? The following ETF(s) have ADP as a top-10 holding: iShares Trust ( TCHF ) Direxion NASDAQ-100 Equal Weighted Index Shares ( QQQE ). The top-performing ETF of this group is TCHF with an increase of 12.33% over the last 100 days. It also has the highest percent weighting of ADP at 2.24%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Top Nasdaq Gainers Are Western Digital, Vodafone, And Microchip Per December Broker 1Yr. Targets"", ""Stocks Showing Improved Relative Strength: Automatic Data Processng""]" ADP,2017-12-07,104.479,104.844,104.045,104.548,"[""'Safer' Dividend Nasdaq 100 Gains Led By Western Digital, Lam Research, And Microchip Tech Per December Broker Targets"", ""'Safer' Dividend Nasdaq 100 Gains Led By Western Digital, Lam Research, And Microchip Tech Per December Broker Targets"", ""'Safer' Dividend Nasdaq 100 Gains Led By Western Digital, Lam Research, And Microchip Tech Per December Broker Targets""]" ADP,2017-12-08,104.982,104.992,104.164,104.647,"[""Philip Morris: Good High Dividend Income, Poor Total Return"", ""Philip Morris: Good High Dividend Income, Poor Total Return"", ""Philip Morris: Good High Dividend Income, Poor Total Return""]" ADP,2017-12-11,106.442,106.994,104.815,106.275,"[""Goldman Sachs Upgrades Automatic Data Processing to Buy"", ""Benzinga's Top Upgrades, Downgrades For December 11, 2017"", ""Is The Street Underestimating ADP? Goldman Upgrades"", ""Wall Street Weighs In: Two Analyst's Favorite Stocks In The Payments Space"", ""Wall Street Weighs In: Two Analyst's Favorite Stocks In The Payments Space"", ""Is The Street Underestimating ADP? Goldman Upgrades"", ""Benzinga's Top Upgrades, Downgrades For December 11, 2017"", ""Goldman Sachs Upgrades Automatic Data Processing to Buy"", ""Noteworthy ETF Outflows: IYJ, ADP, ITW, CSX Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares U.S. Industrials ETF (Symbol: IYJ) where we have detected an approximate $29.2 million dollar outflow -- that's a 2.4% decrease week over week (from 8,500,000.00 to 8,300,000.00). Among the largest underlying components of IYJ, in trading today Automatic Data Processing Inc. (Symbol: ADP) is up about 0.3%, Illinois Tool Works, Inc. (Symbol: ITW) is down about 0.2%, and CSX Corp (Symbol: CSX) is higher by about 0.2%. For a complete list of holdings, visit the IYJ Holdings page \u00bb The chart below shows the one year price performance of IYJ, versus its 200 day moving average: Looking at the chart above, IYJ's low point in its 52 week range is $120.23 per share, with $146.45 as the 52 week high point - that compares with a last trade of $145.62. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""4 Best Staffing Stocks to Buy on Blockbuster Jobs Report The labor market added jobs at a strong clip in November and has moved past a couple of months of hurricane disorders. Record low unemployment rate also reflected the strength in the labor market. Increase in average work week, in the meantime, suggests the possibility of increased hiring in the near term. Staffing companies stand to gain from the strengthening labor market, while President Donald Trump's tax cut proposal will lift the economy and boost wages. Thus, investing in such companies seems prudent. Strong Hiring Show U.S. employers added 228,000 jobs in November, steering past expectations of 200,000. In fact, job additions in the U.S. economy topped the 200,000 mark for the second straight month, reflecting a bounce back after hurricanes in Texas and Florida affected hiring in September. Construction jobs, which fluctuate depending on weather conditions, increased by 24,000. Home building recovered significantly from storm-related disturbances. Manufacturing payrolls gained 31,000, while health care and professional and business services showed steady gains. Restaurants and bars, which have seen the highest payroll gains in the last two months due to storms, added 18,900 workers. Job additions were, in fact, broad-based with white-collar firms and educational organizations contributing the maximum at about 54,000. Private Sector Adds Jobs Private employment, in the meantime, added 221,000 jobs last month after 247,000 in the prior month, according to the Labor Department. Automatic Data Processing, Inc. ADP , however, reported that employment in the private sector rose by 190,000 in November, with the manufacturing sector adding the maximum number of jobs in at least 15 years. Service-sector also saw job additions, with education and health services, and professional and business services leading the advance. Nonetheless, both the agencies reported healthy private sector job additions. Jobless Rate Drops, Average Work Week Rises The unemployment rate was unchanged at 4.1% in November and continues to remain at a 17-year low. The U6 unemployment rate was 8% last month, up from 7.9% in the prior month. But, the broadest measure of unemployment and underemployment remained near the lowest since 2006. Average workweek for American workers, in the meanwhile, edged up to 34.5 hours from 34.4. The average workweek for all workers rose to a five-month high, which indicated that companies are making existing employees work harder that may ultimately lead to hiring of more permanent staffers. Trump's Tax-Cut Proposal to Boost Wages Average hourly earnings rose by 5 cents to $26.55, while the annual gain increased to 2.5% from 2.4%. But, yearly growth continues to hover around 2.5% for well over a year. Nonetheless, Trump administration's initiative to overhaul the tax code and increase infrastructure spending will spur growth and eventually boost wage growth. The Senate has already voted 51-49 to approve the Republican tax bill. The bill trims the corporate tax rate from 35% to 20%, marking the biggest one-time drop in big business tax rates. 4 Staffing Picks for a Healthy Labor Market The latest job numbers bode well for staffing companies. Meanwhile, Trump had earlier met chief executives of the country's biggest manufacturers and pledged to return jobs to millions in the United States. The buoyancy in the staffing space is also confirmed by its solid Zacks Industry Rank in the top 24%, indicating continued hiring and more job opportunities. In fact, the top 50% of Zacks Ranked Industries outperforms the bottom 50% by a factor of more than 2 to 1. We have, thus, selected four staffing stocks that boast a Zacks Rank #1 (Strong Buy) or 2 (Buy) and are well positioned to grow in the near term. Heidrick & Struggles International, Inc.HSII - a Zacks Rank #1 company - provides executive search, culture shaping and leadership consulting services. The company enables its clients to build leadership teams by facilitating the recruitment, management and deployment of senior executives. The company has an average four-quarter positive earnings surprise of 0.9%. The stock's expected growth rate for the next year is 892%, way higher than the industry 's projected gain of 13.9%. Kelly Services, Inc.KELYA provides workforce solutions to various industries worldwide and is headquartered in Troy, MI. Currently, the company has a Zacks Rank #1. It has an average four-quarter positive earnings surprise of 65.9%. The stock's expected growth rate for the current year is 30.8%, higher than the industry's projected gain of 8.2%. Kelly Services' earnings are set to grow next year. You can see the complete list of today's Zacks #1 Rank stocks here. DLH Holdings Corp.DLHC offers staffing services to the federal government sector in the United States. The stock has a Zacks Rank #2. The company has an average four-quarter positive earnings surprise of 9.6%. The company's expected growth rate for the current year is 29.6%, higher than the industry's projected gain of 8.2%. The company's earnings are poised to grow in 2018. Randstad Holding NVRANJY is a staffing and recruitment company that provides solutions in the field of flexible work and human resources (HR) services. The stock has a Zack Rank #2. It has an average four-quarter positive earnings surprise of 9.3%. The stock's expected growth rate for the current year is 16.3%, higher than the industry's projected gain of 8.2%. The company's earnings are set to grow 11.1% in 2018. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kelly Services, Inc. (KELYA): Free Stock Analysis Report Heidrick & Struggles International, Inc. (HSII): Free Stock Analysis Report Randstad Holding NV (RANJY): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report DLH Holdings Corp. (DLHC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Wall Street Weighs In: Two Analyst's Favorite Stocks In The Payments Space"", ""Is The Street Underestimating ADP? Goldman Upgrades"", ""Benzinga's Top Upgrades, Downgrades For December 11, 2017"", ""Goldman Sachs Upgrades Automatic Data Processing to Buy""]" ADP,2017-12-12,106.373,106.373,105.475,105.603,"[""Winning Stock Picks from the Top 4 Industries with the Biggest Job Growth"", ""McDonald's: Dividend Increase For Income And Good Total Return"", ""Top Dividend Raises And Cuts For November 2017"", ""The Zacks Analyst Blog Highlights: Heidrick & Struggles International, Kelly Services, DLH Holdings, Randstad Holding and Automatic Data Processing"", ""Winning Stock Picks from the Top 4 Industries with the Biggest Job Growth"", ""McDonald's: Dividend Increase For Income And Good Total Return"", ""Top Dividend Raises And Cuts For November 2017"", ""The Zacks Analyst Blog Highlights: Heidrick & Struggles International, Kelly Services, DLH Holdings, Randstad Holding and Automatic Data Processing"", ""The Zacks Analyst Blog Highlights: Heidrick & Struggles International, Kelly Services, DLH Holdings, Randstad Holding and Automatic Data Processing For Immediate Release Chicago, IL - December 12, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Heidrick & Struggles International, Inc.HSII , Kelly Services, Inc.KELYA , DLH Holdings Corp.DLHC , Randstad Holding NVRANJY and Automatic Data Processing, Inc.ADP . Here are highlights from Monday's Analyst Blog: 4 Best Staffing Stocks to Buy on Robust Jobs Report The labor market added jobs at a strong clip in November and has moved past a couple of months of hurricane disorders. Record low unemployment rate also reflected the strength in the labor market. Increase in average work week, in the meantime, suggests the possibility of increased hiring in the near term. Staffing companies stand to gain from the strengthening labor market, while President Donald Trump's tax cut proposal will lift the economy and boost wages. Thus, investing in such companies seems prudent. Strong Hiring Show U.S. employers added 228,000 jobs in November, steering past expectations of 200,000. In fact, job additions in the U.S. economy topped the 200,000 mark for the second straight month, reflecting a bounce back after hurricanes in Texas and Florida affected hiring in September. Construction jobs, which fluctuate depending on weather conditions, increased by 24,000. Home building recovered significantly from storm-related disturbances. Manufacturing payrolls gained 31,000, while health care and professional and business services showed steady gains. Restaurants and bars, which have seen the highest payroll gains in the last two months due to storms, added 18,900 workers. Job additions were, in fact, broad-based with white-collar firms and educational organizations contributing the maximum at about 54,000. Private Sector Adds Jobs Private employment, in the meantime, added 221,000 jobs last month after 247,000 in the prior month, according to the Labor Department. Automatic Data Processing, Inc., however, reported that employment in the private sector rose by 190,000 in November, with the manufacturing sector adding the maximum number of jobs in at least 15 years. Service-sector also saw job additions, with education and health services, and professional and business services leading the advance. Nonetheless, both the agencies reported healthy private sector job additions. Jobless Rate Drops, Average Work Week Rises The unemployment rate was unchanged at 4.1% in November and continues to remain at a 17-year low. The U6 unemployment rate was 8% last month, up from 7.9% in the prior month. But, the broadest measure of unemployment and underemployment remained near the lowest since 2006. Average workweek for American workers, in the meanwhile, edged up to 34.5 hours from 34.4. The average workweek for all workers rose to a five-month high, which indicated that companies are making existing employees work harder that may ultimately lead to hiring of more permanent staffers. Trump's Tax-Cut Proposal to Boost Wages Average hourly earnings rose by 5 cents to $26.55, while the annual gain increased to 2.5% from 2.4%. But, yearly growth continues to hover around 2.5% for well over a year. Nonetheless, Trump administration's initiative to overhaul the tax code and increase infrastructure spending will spur growth and eventually boost wage growth. The Senate has already voted 51-49 to approve the Republican tax bill. The bill trims the corporate tax rate from 35% to 20%, marking the biggest one-time drop in big business tax rates. 4 Staffing Picks for a Healthy Labor Market The latest job numbers bode well for staffing companies. Meanwhile, Trump had earlier met chief executives of the country's biggest manufacturers and pledged to return jobs to millions in the United States. The buoyancy in the staffing space is also confirmed by its solid Zacks Industry Rank in the top 24%, indicating continued hiring and more job opportunities. In fact, the top 50% of Zacks Ranked Industries outperforms the bottom 50% by a factor of more than 2 to 1. We have, thus, selected four staffing stocks that boast a Zacks Rank #1 (Strong Buy) or 2 (Buy) and are well positioned to grow in the near term. Heidrick & Struggles International, Inc. - a Zacks Rank #1 company - provides executive search, culture shaping and leadership consulting services. The company enables its clients to build leadership teams by facilitating the recruitment, management and deployment of senior executives. The company has an average four-quarter positive earnings surprise of 0.9%. The stock's expected growth rate for the next year is 892%, way higher than the industry 's projected gain of 13.9%. Kelly Services, Inc. provides workforce solutions to various industries worldwide and is headquartered in Troy, MI. Currently, the company has a Zacks Rank #1. It has an average four-quarter positive earnings surprise of 65.9%. The stock's expected growth rate for the current year is 30.8%, higher than the industry's projected gain of 8.2%. Kelly Services' earnings are set to grow next year. You can see the complete list of today's Zacks #1 Rank stocks here. DLH Holdings Corp. offers staffing services to the federal government sector in the United States. The stock has a Zacks Rank #2. The company has an average four-quarter positive earnings surprise of 9.6%. The company's expected growth rate for the current year is 29.6%, higher than the industry's projected gain of 8.2%. The company's earnings are poised to grow in 2018. Randstad Holding NV is a staffing and recruitment company that provides solutions in the field of flexible work and human resources (HR) services. The stock has a Zack Rank #2. It has an average four-quarter positive earnings surprise of 9.3%. The stock's expected growth rate for the current year is 16.3%, higher than the industry's projected gain of 8.2%. The company's earnings are set to grow 11.1% in 2018. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com http://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss . This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kelly Services, Inc. (KELYA): Free Stock Analysis Report Heidrick & Struggles International, Inc. (HSII): Free Stock Analysis Report Randstad Holding NV (RANJY): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report DLH Holdings Corp. (DLHC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Winning Stock Picks from the Top 4 Industries with the Biggest Job Growth"", ""McDonald's: Dividend Increase For Income And Good Total Return"", ""Top Dividend Raises And Cuts For November 2017"", ""The Zacks Analyst Blog Highlights: Heidrick & Struggles International, Kelly Services, DLH Holdings, Randstad Holding and Automatic Data Processing""]" ADP,2017-12-13,105.83,106.126,105.288,105.574,"[""Zacks.com featured expert Kevin Matras highlights: Automatic Data Processing, Pentair, Opus Bank, Halyard Health AND MasTec"", ""Paychex Well Poised on Portfolio, Client Retention a Concern"", ""Paychex Well Poised on Portfolio, Client Retention a Concern"", ""Zacks.com featured expert Kevin Matras highlights: Automatic Data Processing, Pentair, Opus Bank, Halyard Health AND MasTec"", ""3 Big Stock Charts for Wednesday: Adobe Systems Incorporated, Automatic Data Processing and Activision Blizzard, Inc. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The bifurcation between technology and larger industrial stocks continues this week as we're seeing signs that the tech heavy Nasdaq and Nasdaq 100 indices are beginning to lag the broader indices again. As I mentioned last week, this is part of a seasonal trend that sees the Nasdaq 100 Index underperform the S&P 500 80% of the time over the last 20 years. The catch, the tech sector catches fire in January for some of the strongest seasonality rallies of the year. Despite the weakness, there are still some signs of strength from tech world. Today's three big stock charts looks at the numbers for companies like Adobe Systems Incorporated (NASDAQ: ADBE ), Automatic Data Processing (NASDAQ: ADP ) and Activision Blizzard, Inc. (NASDAQ: ATVI ) who are bucking the seasonal trends as these stocks are beginning to break into bullish trading trends. Adobe Systems Incorporated (ADBE) Adobe shares have seen a pullback lately as the company gets ready to announce its quarterly earnings results next Thursday. It is somewhat normal for ADBE stock to see a \""sell the rumor\"" move ahead of earnings, especially after a run like the shares have seen lately. Yesterday's price movement in ADBE saw a technical test of the 50-day moving average. For now, Adobe shares are bouncing higher from this strong trendline. The 50-day moving average is also trending higher, indicating that the intermediate-term outlook remains positive for ADBE stock. The previous sell-of in Adobe shares took the RSI for the stock to a near-bullish reading of 30. This suggests that it is going to take less in the way of buying volume to get the shares trending sharply higher ahead of earnings. Our test of ADBE stock showed that it trades higher 91% of the time before and after its earnings report over the last three years. Watch for a break above $117.50 to serve as a trigger for the rally that will carry shares to $190. Automatic Data Processing (ADP) Shares of ADP have been engaged in a volatility rally that kicked off in early December. The stock has ridden the wave of increased volume and volatility to the tune of more than 7%. 10 Biggest Stock Market Successes of 2017 Now, traders are starting to wonder about how much further the rally can reach as ADP shares are hitting overbought readings. The current RSI for ADP stock has crested over readings of 70. Typically, this is indicative of a short-term correction to a stock that has been in rally mode. The Chande Trend Meter for ADP stock remains bullish as readings are within the range of 80-100. This allows for the potential for short-term corrections without the stock falling out of its bullish trend. The 50-day moving average for ADP stock is in the perfect position to help bounce from a short-term \""healthy\"" correction. Currently at $113, a move to this trendline would represent a roughly 5% correction that will bring a new wave of buyers into the stock to press it higher again. Activision Blizzard, Inc. (ATVI) This video game producer has been lagging the market for months as ATVI shares have traded in a wide range followed by a sharp decline that started two weeks ago. Buy Square Inc Stock, But Wait For A More Favorable Valuation After bouncing at $57, shares are now on a sharp volume-driven rally that looks to have the potential to break the top of the $66 range. The recent pullback to $57 tested the stock's 200-day moving average, a site of critical and strong support. The bounce indicates that bullish technical buyers have engaged ATVI shares. This week's move has Activision shares trading back above their 50-day moving average, which is also trending higher. ATVI stock will be considered back in a bullish technical trend upon holding above this trendline for the rest of this week. For now, shares have a clear path to rally another 4.2%, which many short-term traders would be happy to take in this market. A break above this level will initiate another volatility rally on ATVI that will target $70. As of this writing, Johnson Research Group did not hold a position in any of the aforementioned securities. More From InvestorPlace 5 Best Technology ETFs to Beat the Market in 2018 7 Ways to Get Rich Internationally in 2018 7 Best Dividend ETFs to Buy for 2018 Compare Brokers The post 3 Big Stock Charts for Wednesday: Adobe Systems Incorporated, Automatic Data Processing and Activision Blizzard, Inc. appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex Well Poised on Portfolio, Client Retention a Concern On Dec 12, we issued an updated research report on Paychex, Inc . PAYX . Strong domain expertise in human capital management solutions for payroll, HR, retirement, and insurance services has been a key growth factor for the company. This has increased the company's clientele and driven revenues northward. Notably, the company's top line is expected to witness a 5-year (2012-2017) CAGR of 7.2%. Paychex stock has gained 14.0% year to date, outperforming the 11.3% rally of the industry it belongs to. However we are apprehensive about a declining rate of client retention over the last few quarters, which might affect the company's performance in the near term. Key Factors Influencing the Stock Paychex's investments in product development, technology and focus on building its sales force to support revenue growth are tailwinds. Further, product launches and joint venture initiatives are likely to drive long-term growth. Also, its continuous share buybacks bode well for investors. Notably, the company's initiatives to enrich its product portfolio via acquisitions have also proved beneficial. With 14 acquisitions since its inception, Paychex has significantly improved its solutions suite and total addressable market (TAM). These have also acted as revenue boosters. Paychex, Inc. Revenue (TTM) Paychex, Inc. Revenue (TTM) | Paychex, Inc. Quote Moreover, the growth potential of the industry that Paychex caters to is high. Per the company, half of its total addressable market is still untapped. However, the company is facing problems in retaining its customer base for the last few quarters, which is a major concern. During the last quarter, the company's payroll client base remained flat due to a challenging demand environment and modest decline in retention. The client base was adversely affected by political uncertainty, which in turn impacted outsourcing-decision making in the mid-market. Additionally, increasing competition from industry peers like Automatic Data Processing ADP and Insperity NSP is another key concern. Zacks Rank and Stock to Consider Paychex has a Zacks Rank #3 (Hold). A top-ranked stock worth considering in the sector is Intel Corporation INTC , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Long-term expected EPS growth rate for Intel is projected to be 8.42%. Will You Make a Fortune on the Shift to Electric Cars? Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report Insperity, Inc. (NSP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report Paychex, Inc. (PAYX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Zacks.com featured expert Kevin Matras highlights: Automatic Data Processing, Pentair, Opus Bank, Halyard Health AND MasTec For Immediate Release Chicago, IL - December 13, 2017 - Stocks in this week's article include: Automatic Data ProcessingADP , PentairPNR , Opus BankOPB , Halyard HealthHYH and MasTecMTZ . Kevin Matras screens for companies showing their 'first' profit, and explains why they are ones to watch. Screen of the Week written by Kevin Matras of Zacks Investment Research: Winning Stock Picks from the Best Industries for Job Growth Every week the government and other entities release economic reports that cover all areas of the economy - from retail sales to housing, to international trade to consumer sentiment. In fact, on virtually any given day there could be anywhere from one to a handful of reports. And while the financial media does cover them, they usually focus on headline numbers without doing a deeper dive. This is unfortunate because within these reports often exists money-making details that can quickly be uncovered with just an extra few minutes of reading. For example, in the Employment Situation report, it details what sectors saw the most new jobs or labor force expansion, and which ones contracted. I can remember countless times where that report got me into the right sectors and industries at the right time before anybody else was talking about them. In fact, I still remember getting into housing in early 2012 while everybody else was staying as far away from it as possible. But, after seeing construction jobs continue to rise in report after report after report, I knew the housing market had turned. And that was one of the first alerts to the housing recovery - for those who knew where to look. But the headline number and the obligatory one-or-two-sentence write ups on many news sites missed the best part of the story by not going the extra mile (or paragraph). For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/commentary/139960/winning-stock-picks-from-the-top-4-industries-with-the-biggest-job-growth Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week Zacks.com created the first and best screening system on the web earning the distinction as the \""#1 site for screening stocks\"" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 \""Strong Buys\"" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Zacks.com Phone: 312-265-9268 Email: pr@zacks.com Visit: www.Zacks.com Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks \""Terms and Conditions of Service\"" disclaimer. www.zacks.com/disclaimer . Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Opus Bank (OPB): Free Stock Analysis Report MasTec, Inc. (MTZ): Free Stock Analysis Report Halyard Health, Inc. (HYH): Free Stock Analysis Report Pentair PLC. (PNR): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paychex Well Poised on Portfolio, Client Retention a Concern"", ""Zacks.com featured expert Kevin Matras highlights: Automatic Data Processing, Pentair, Opus Bank, Halyard Health AND MasTec""]" ADP,2017-12-14,105.574,106.293,104.884,105.051,"[""The Next 20 Dividend Achievers Absolutely Trounce The Market"", ""Has Ackman's Influence Pushed Automatic Data Processing Beyond Its Fair Value?"", ""The Next 20 Dividend Achievers Absolutely Trounce The Market"", ""Has Ackman's Influence Pushed Automatic Data Processing Beyond Its Fair Value?"", ""Leidos Holdings, Inc. (LDOS) Ex-Dividend Date Scheduled for December 15, 2017 Leidos Holdings, Inc. ( LDOS ) will begin trading ex-dividend on December 15, 2017. A cash dividend payment of $0.32 per share is scheduled to be paid on December 29, 2017. Shareholders who purchased LDOS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 19th quarter that LDOS has paid the same dividend. At the current stock price of $64.06, the dividend yield is 2%. The previous trading day's last sale of LDOS was $64.06, representing a -0.76% decrease from the 52 week high of $64.55 and a 33.99% increase over the 52 week low of $47.81. LDOS is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). LDOS's current earnings per share, an indicator of a company's profitability, is $2.03. Zacks Investment Research reports LDOS's forecasted earnings growth in 2017 as 5.24%, compared to an industry average of 19%. For more information on the declaration, record and payment dates, visit the LDOS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to LDOS through an Exchange Traded Fund [ETF]? The following ETF(s) have LDOS as a top-10 holding: ETFMG Prime Cyber Security ETF ( HACK ). The top-performing ETF of this group is HACK with an increase of 3.23% over the last 100 days. It also has the highest percent weighting of LDOS at 0.01%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Next 20 Dividend Achievers Absolutely Trounce The Market"", ""Has Ackman's Influence Pushed Automatic Data Processing Beyond Its Fair Value?""]" ADP,2017-12-15,106.235,107.073,104.933,106.57, ADP,2017-12-18,106.955,107.714,106.392,107.033,"[""Dominion Energy: Recent Dividend Increase For The Conservative Income Investor"", ""Dominion Energy: Recent Dividend Increase For The Conservative Income Investor"", ""Dominion Energy: Recent Dividend Increase For The Conservative Income Investor""]" ADP,2017-12-19,107.606,107.606,106.52,106.748,"[""Dividend Growth 50: It's A Happy 3rd Anniversary, Even As Mr. Market Gets Some 'Revenge'"", ""Dividend Growth 50: It's A Happy 3rd Anniversary, Even As Mr. Market Gets Some 'Revenge'"", ""Dividend Growth 50: It's A Happy 3rd Anniversary, Even As Mr. Market Gets Some 'Revenge'""]" ADP,2017-12-20,106.856,107.28,106.185,106.323,"Convergys Corporation (CVG) Ex-Dividend Date Scheduled for December 21, 2017 Convergys Corporation ( CVG ) will begin trading ex-dividend on December 21, 2017. A cash dividend payment of $0.1 per share is scheduled to be paid on January 05, 2018. Shareholders who purchased CVG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CVG has paid the same dividend. At the current stock price of $24.05, the dividend yield is 1.66%. The previous trading day's last sale of CVG was $24.05, representing a -9.79% decrease from the 52 week high of $26.66 and a 19.35% increase over the 52 week low of $20.15. CVG is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). CVG's current earnings per share, an indicator of a company's profitability, is $1.3. Zacks Investment Research reports CVG's forecasted earnings growth in 2017 as .68%, compared to an industry average of 14.8%. For more information on the declaration, record and payment dates, visit the CVG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2017-12-21,106.373,106.699,105.485,105.919,"[""7 Quality Stocks in Gurus' Portfolios"", ""7 Quality Stocks in Gurus' Portfolios"", ""QQQ, TXN, ADP, ATVI: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the PowerShares QQQ (Symbol: QQQ) where we have detected an approximate $2.4 billion dollar outflow -- that's a 4.0% decrease week over week (from 379,750,000 to 364,700,000). Among the largest underlying components of QQQ, in trading today Texas Instruments Inc. (Symbol: TXN) is down about 0.5%, Automatic Data Processing Inc. (Symbol: ADP) is down about 0.6%, and Activision Blizzard, Inc. (Symbol: ATVI) is up by about 0.1%. For a complete list of holdings, visit the QQQ Holdings page \u00bb The chart below shows the one year price performance of QQQ, versus its 200 day moving average: Looking at the chart above, QQQ's low point in its 52 week range is $118.14 per share, with $158.77 as the 52 week high point - that compares with a last trade of $157.63. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""7 Quality Stocks in Gurus' Portfolios""]" ADP,2017-12-22,105.85,106.402,105.199,105.455, ADP,2017-12-26,105.692,106.215,105.515,106.067, ADP,2017-12-27,106.245,106.265,105.485,105.801,"[""Amdocs Limited (DOX) Ex-Dividend Date Scheduled for December 28, 2017 Amdocs Limited ( DOX ) will begin trading ex-dividend on December 28, 2017. A cash dividend payment of $0.22 per share is scheduled to be paid on January 19, 2018. Shareholders who purchased DOX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DOX has paid the same dividend. At the current stock price of $65.63, the dividend yield is 1.34%. The previous trading day's last sale of DOX was $65.63, representing a -3.46% decrease from the 52 week high of $67.98 and a 16.98% increase over the 52 week low of $56.10. DOX is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). DOX's current earnings per share, an indicator of a company's profitability, is $2.96. Zacks Investment Research reports DOX's forecasted earnings growth in 2018 as 4.65%, compared to an industry average of 4.9%. For more information on the declaration, record and payment dates, visit the DOX Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DOX through an Exchange Traded Fund [ETF]? The following ETF(s) have DOX as a top-10 holding: VanEck Vectors Israel ETF ( ISRA ). The top-performing ETF of this group is ISRA with an increase of 3.61% over the last 100 days. It also has the highest percent weighting of DOX at 0.05%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSP Inc. (CSPI) Ex-Dividend Date Scheduled for December 28, 2017 CSP Inc. ( CSPI ) will begin trading ex-dividend on December 28, 2017. A cash dividend payment of $0.11 per share is scheduled to be paid on January 16, 2018. Shareholders who purchased CSPI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that CSPI has paid the same dividend. At the current stock price of $13.08, the dividend yield is 3.36%. The previous trading day's last sale of CSPI was $13.08, representing a -9.63% decrease from the 52 week high of $14.47 and a 58.55% increase over the 52 week low of $8.25. CSPI is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). CSPI's current earnings per share, an indicator of a company's profitability, is $.63. For more information on the declaration, record and payment dates, visit the CSPI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2017-12-28,106.086,106.086,105.219,105.84,"[""How is Robert Half (RHI) Placed After Latest Tax Reforms?"", ""How is Robert Half (RHI) Placed After Latest Tax Reforms?"", ""Monotype Imaging Holdings Inc. (TYPE) Ex-Dividend Date Scheduled for December 29, 2017 Monotype Imaging Holdings Inc. ( TYPE ) will begin trading ex-dividend on December 29, 2017. A cash dividend payment of $0.113 per share is scheduled to be paid on January 22, 2018. Shareholders who purchased TYPE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that TYPE has paid the same dividend. At the current stock price of $24.2, the dividend yield is 1.87%. The previous trading day's last sale of TYPE was $24.2, representing a -6.11% decrease from the 52 week high of $25.78 and a 53.65% increase over the 52 week low of $15.75. TYPE is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). Zacks Investment Research reports TYPE's forecasted earnings growth in 2017 as -66.1%, compared to an industry average of 9.3%. For more information on the declaration, record and payment dates, visit the TYPE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pegasystems Inc. (PEGA) Ex-Dividend Date Scheduled for December 29, 2017 Pegasystems Inc. ( PEGA ) will begin trading ex-dividend on December 29, 2017. A cash dividend payment of $0.03 per share is scheduled to be paid on January 16, 2018. Shareholders who purchased PEGA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that PEGA has paid the same dividend. At the current stock price of $46.55, the dividend yield is .26%. The previous trading day's last sale of PEGA was $46.55, representing a -28.22% decrease from the 52 week high of $64.85 and a 31.68% increase over the 52 week low of $35.35. PEGA is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). PEGA's current earnings per share, an indicator of a company's profitability, is $.55. Zacks Investment Research reports PEGA's forecasted earnings growth in 2017 as -39.53%, compared to an industry average of 9.3%. For more information on the declaration, record and payment dates, visit the PEGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""How is Robert Half (RHI) Placed After Latest Tax Reforms? Robert Half International Inc.RHI released updates about the impact of the recent tax reforms on its business operations. The company has declared reductions in the bottom-line projections for fourth-quarter 2017, thanks to anticipated non-cash charges against provision for income taxes. Robert half expects incurring the charges as a result of the provisions enlisted under the recently enacted Tax Cuts and Jobs Act (TCJA). Per the recent tax reforms, Robert Half expects one-time charges of approximately $34-38 million (amounting to nearly 27-31 cents per share) to its provision for income taxes. Consequently, earnings are now estimated in the range of 29-39 cents, which marks a substantial decline from the previous range of 60-66 cents. Further, the company has also released updates regarding the effective tax rate for 2018, in relation to the recent enactments under the TCJA. Robert Half now expects effective tax rates in the range of 26-28%. Notably, management's tax projection for 2018 is pegged below the forecast for fourth-quarter 2017. Incidentally, during the third-quarter conference call, management projected effective tax rate for fourth-quarter 2017 to be approximately 37%. Reduced tax rates for 2018 are likely to boost the company's bottom line. Also, greater retention of profits will help the company allocate more funds toward corporate reformation and development efforts. Can TCJA Improve Hiring Market Conditions? It is not certain whether the ongoing tax reforms will lead to higher wages for workers in the United States. However, such moves are expected to create more jobs owing to positive impacts on the economic conditions. The benefits from lower tax rates may propel companies to allocate more capital for increasing headcount to support business growth. The above-mentioned factors can significantly bolster Robert Half's business in the forthcoming periods. While Robert Half's U.S. revenues were soft in the third quarter, management noted that hiring market trends started improving in September and continued till October. Evidently, temporary and consulting staffing revenues grew 2.1% in September and 2% in the first two weeks of October. Also, permanent placement revenues advanced 7.2% in September and surged 21% in the first three weeks of October. These factors along with an overall improved economic scenario in the United States, encourages management about business growth. Such positive trends have been boosting investor's optimism in the stock. In the past six months shares of this Zacks Rank #3 (Hold) company have returned 16%, almost in line with the industry 's rally of 16.2%. Looking For More? Check These Three Picks Investors may also consider better-ranked stocks from the same sector such as Automatic Data Processing Inc. ADP , Blucora Inc. BCOR and Broadridge Financial Solutions, Inc BR , all carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Automatic Data Processing delivered an average positive earnings surprise of 4.5% in the trailing four quarters. It has a long-term earnings growth rate of 10.3%. Blucora pulled off an average positive earnings surprise of 23.7% in the trailing four quarters. It has a long-term earnings growth rate of 20% Broadridge came up with an average positive earnings surprise of 12.8% in the trailing four quarters. It has a long-term earnings growth rate of 10%. Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively. And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Blucora, Inc. (BCOR): Free Stock Analysis Report Robert Half International Inc. (RHI): Free Stock Analysis Report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""How is Robert Half (RHI) Placed After Latest Tax Reforms?""]" ADP,2017-12-29,105.229,106.126,105.229,105.732, ADP,2018-01-02,104.657,105.041,103.986,104.627,"[""Ingersoll-Rand: Great Total Return And Future Growth Is Still A Good Bet"", ""What's Next Ahead of Q4 Earnings Season?"", ""Ingersoll-Rand: Great Total Return And Future Growth Is Still A Good Bet"", ""What's Next Ahead of Q4 Earnings Season?"", ""Rise and Shine to a New Year of Trading Tuesday, January 2, 2018 After witnessing roughly 20% gains or more in 2017's major indexes, the natural question for investors is: what's next? Well, this week will take us a good distance into figuring this out in early 2018, ahead of Q4 earnings season and as market participants plot their advances. Due to the holiday-shortened week, we're seeing a slightly skewed events calendar: the ADP ADP private sector payroll numbers for December will be released Thursday instead of the usual Wednesday - just one day ahead of the nonfarm payroll figures from the Bureau of Labor Statistics (BLS). Expectations for both are positive but not earth-shattering: 189K new private sector jobs are expected from last month, and that number falls to 180K for Friday's BLS tally. Unemployment is expected to remain 4.1%. All of these figures remain strong for the current economy. That's not to say Wednesday will be devoid of relevant economic data; we expect to see ISM Manufacturing results, Construction Spending figures, Auto Sales and Fed minutes during the day tomorrow. (ISM Services numbers aren't due until Friday.) These numbers will be particularly interesting for the goods producing and industrial investment factors implied, as these were sectors in the economy that have only recently begun to improve from their long-dormant states. One metric in particular on Friday will be of interest, and that is Average Hourly Earnings. This is another piece of the economic puzzle that has failed to gain along with the rest of the domestic environment, but with an estimate of +0.3% on Friday, this would point to wage growth that would go a long way toward enhancing U.S. GDP. (Q4 GDP, by the way, is estimated at 2.6% - another strong number to join Q3's final 3.2%; any surprises to the upside here would no doubt be welcome for market bulls going forward.) Small Business Jobs Growth for December from today's Paychex survey were down a bit, though moderate wage growth (+3%) still registers as a positive. Included in the Paychex data is a poll on the tax reform law passed at the end of 2017: 80% of small businesses in the U.S. are expected to invest their windfall profits back into their companies, and 65% of those companies expect to increase wages. More good news for the American labor force and U.S. economy in general. Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Zacks' Best Private Investment Ideas While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades\u2026 from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""CSRA Inc. (CSRA) Ex-Dividend Date Scheduled for January 03, 2018 CSRA Inc. ( CSRA ) will begin trading ex-dividend on January 03, 2018. A cash dividend payment of $0.1 per share is scheduled to be paid on January 25, 2018. Shareholders who purchased CSRA prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that CSRA has paid the same dividend. The previous trading day's last sale of CSRA was $29.92, representing a -11.14% decrease from the 52 week high of $33.67 and a 9.28% increase over the 52 week low of $27.38. CSRA is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). CSRA's current earnings per share, an indicator of a company's profitability, is $1.91. Zacks Investment Research reports CSRA's forecasted earnings growth in 2018 as 2.27%, compared to an industry average of 4.9%. For more information on the declaration, record and payment dates, visit the CSRA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ingersoll-Rand: Great Total Return And Future Growth Is Still A Good Bet"", ""What's Next Ahead of Q4 Earnings Season?""]" ADP,2018-01-03,104.775,106.185,104.282,105.791,"[""2018 S&P 500 Aristocrats Top Gainers Are Walgreens, Leggett, Cardinal, And Medtronic, Per Brokers"", ""2018 'Safer' Dividend Aristocrats Top Gainers Are Leggett, Becton, General Dynamics, And Stanley Per Brokers"", ""2018 'Safer' Dividend Aristocrats Top Gainers Are Leggett, Becton, General Dynamics, And Stanley Per Brokers"", ""2018 S&P 500 Aristocrats Top Gainers Are Walgreens, Leggett, Cardinal, And Medtronic, Per Brokers"", ""2018 'Safer' Dividend Aristocrats Top Gainers Are Leggett, Becton, General Dynamics, And Stanley Per Brokers"", ""2018 S&P 500 Aristocrats Top Gainers Are Walgreens, Leggett, Cardinal, And Medtronic, Per Brokers""]" ADP,2018-01-04,106.126,107.27,105.978,106.767,"[""Dividend Growth 50: This 8.18% Raise Is A Great Birthday Gift"", ""ADP Brings 250K New Jobs, Better than Expected"", ""ADP ADP Private Sector Payroll Read For December At 250K"", ""ADP ADP Private Sector Payroll Read For December At 250K"", ""ADP Brings 250K New Jobs, Better than Expected"", ""Dividend Growth 50: This 8.18% Raise Is A Great Birthday Gift"", ""ADP Brings 250K New Jobs, Better than Expected Thursday, January 4, 2018 The first U.S. labor market data of 2018 has hit the tape before the opening bell this morning, with the ADP ADP private sector payroll read for December reaching 250K new jobs. This is well beyond the 195K analysts were expecting. November's tally was revised down, but only a tad: -5K to 185K. We remain consistent with a very strong employment environment. Unsurprisingly, Services easily outpaced Goods-producing jobs - 222K to 28K, respectively. Medium-sized businesses (50-499 employees) brought in the most jobs at 100K, followed by 96K from Small companies, with Large corporations picking up the rear with 56K. Likely we're seeing a lot of seasonal employment in these numbers from December's holiday shopping season, but even still: strength all around. Education/Healthcare grew by 50K new jobs, followed by Trade/Transportation at 45K and Leisure/Hospitality at 28K. Even the long-dormant Construction and Manufacturing brought in relatively healthy numbers with 16K and 9K, respectively. Looking at holiday shopping totals, we see stronger-than-expected results from both Macy's M , up 1.1% in holiday sales comps, and J.C. Penney JCP , up 3.4%. For both companies, these sorts of positive comps are rare, and with new tax cuts for the big-box retailers, both are cranking up earnings estimates for next fiscal year. Walgreens Boots Alliance WBA reported top- and bottom-line beats on its Q1 2018 estimates in today's pre-market, as well. Earnings topped expectations by a penny to $1.28 per share, up 16.4% year over year. Revenues grew to $30.74 billion, hotter than the $30.33 billion anticipated and up 7.9% year over year. For more on WBA's earnings, click here. Finally, fresh Initial Jobless Claims numbers hit the early-morning tape today, and these numbers were higher than expected: +250K new claims were up 3,000 from the previous week's slightly upwardly revised total of 245K. This is at the top of our non-hurricane-related jobless claims range we've seen over the past dozen quarters or more. Continuing claims, however, fell lower again from 1.951 million two weeks ago to 1.914 million last week. We remain under the psychologically satisfying 2 million jobless claims figure. Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Zacks' Best Private Investment Ideas While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades\u2026 from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Walgreens Boots Alliance, Inc. (WBA): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Mid-Day Update: Record Highs Fueled by Bullish Labor Market Data; Dow Cracks 25,000 Wall Street lunged to record highs again on Thursday as investor appetite for risk was encouraged by bullish labor market data, gains in overseas markets on strong economic data, and robust consumer spending this holiday season. The Dow Jones Industrial Average cracked the psychologically key 25,000 level at the NYSE open on gains in financial and industrial shares, extending its winning streak to a third day. Additionally, bulls were also emboldened by four consecutive days of higher highs and higher lows in the S&P 500 and Nasdaq. Trending higher in premarket trading , the major averages were propelled to record highs by a 250,000 increase in private payrolls according to a monthly survey by Automated Data Processing ( ADP ). The services sector contributed the bulk of the new private sector jobs, setting an 18-month high of 222,000 new jobs. Initial jobless claims increased by 3,000 to 250,000 for the week ended 12/30, above expectations for a 5,000 decline. Thursday's final economic indicator was the purchasing manager's final services sector index for December, which declined slightly to 53.7 from November's final 54.5, but was up from the flash reading of 52.4. Comparable indices across Asia and Europe were mixed with China's Caixin Services sector PMI setting a three-year high of 53.9, fueling gains across Asia and Europe. The Nikkei surged more than 3% on pent-up demand after a three-holiday in Japan, posting a 26-year high, and setting Europe and the US up for sizable gains. European bourses were all trading higher on upbeat economic data in which the EU composite PMI set a 7-year high, fueling a near 1% gain in the Euro Stoxx market index at the close. The FTSE-100 hit an intra-day record high after the UK services PMI reached its second-highest level since April. Crude oil was up $0.28 to $61.91 per barrel. Natural gas was down $0.01 to $2.99 per 1 million BTU. Gold was up $1.90 to $1,320.40 an ounce, while silver was down $0.01 to $17.25 an ounce. Copper was up $0.004 to $3.26 per pound. Among energy ETFs, the United States Oil Fund was up 0.58% to $12.41 with the United States Natural Gas Fund was down 0.42% to 5.88. Among precious-metal funds, the Market Vectors Gold Miners ETF was up 0.20% to 23.56 while SPDR Gold Shares were up 0.29% to 125.18. The iShares Silver Trust was up 0.40% to $16.23. Here's where the markets stand at mid-day: US MARKETS NYSE Composite Index was up 62.89 points (+0.48%) to 13,020.17 Dow Jones Industrial Index was up 150.22 points (+0.60%) to 25,072.90 S&P 500 was up 10.21 points (+0.37%) to 2,723.32 Nasdaq Composite Index was up 18.02 points (+0.26%) to 7,083.44 GLOBAL SENTIMENT FTSE 100 was up 24.77 points (+0.32%) to 7,695.88 DAX was up 189.68 points (+1.46%) to 13,167.89 CAC 40 was up 82.41 points (+1.55%) to 5,413.69 Nikkei 225 was up 741.39 points (+3.26%) to 23,506.33 Hang Seng Index was up 175.53 points (+0.57%) to 30,736.48 Shanghai China Composite Index was up 17.40 points (+0.52%) to 3,386.50 NYSE SECTOR INDICES NYSE Energy Sector Index was up 95.68 points (+0.53%) to 18,025.08 NYSE Financial Sector Index was up 104.74 points (+0.82%) to 12,831.11 NYSE Healthcare Sector Index was up 49.23 points (+0.25%) to 20,595.49 UPSIDE MOVERS (+) CNET (+322.22%) Entered a strategic partnership with Wuxi Jingtum Network to develop blockchain applications (+) TOPS (+10.20%) Extends time charters for four vessels (+) MARK (+8.85%) Launched FinTech product to improve bank's risk management, awarded Chinese contracts worth \""millions\"" DOWNSIDE MOVERS (-) LB (-12.76%) Issued Q4 earnings guidance below street expectations, Q4 comparable sales were down 4% (-) ROKU (-7.37%) Extends licensing deal with Funai Electric to include Magnavox brand (-) RAD (1%) Reported a loss in Q3 continuing operations earnings, revenue fell by more than expected while same store sales were down 2.5% The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP ADP Private Sector Payroll Read For December At 250K The first U.S. labor market data of 2018 has hit the tape before the opening bell this morning, with the ADP ADP private sector payroll read for December reaching 250K new jobs. This is well beyond the 195K analysts were expecting. November's tally was revised down, but only a tad: -5K to 185K. We remain consistent with a very strong employment environment. Unsurprisingly, Services easily outpaced Goods-producing jobs - 222K to 28K, respectively. Medium-sized businesses (50-499 employees) brought in the most jobs at 100K, followed by 96K from Small companies, with Large corporations picking up the rear with 56K. Likely we're seeing a lot of seasonal employment in these numbers from December's holiday shopping season, but even still: strength all around. Education/Healthcare grew by 50K new jobs, followed by Trade/Transportation at 45K and Leisure/Hospitality at 28K. Even the long-dormant Construction and Manufacturing brought in relatively healthy numbers with 16K and 9K, respectively. Looking at holiday shopping totals, we see stronger-than-expected results from both Macy's M , up 1.1% in holiday sales comps, and J.C. Penney JCP , up 3.4%. For both companies, these sorts of positive comps are rare, and with new tax cuts for the big-box retailers, both are cranking up earnings estimates for next fiscal year. Walgreens Boots Alliance WBA reported top- and bottom-line beats on its Q1 2018 estimates in today's pre-market, as well. Earnings topped expectations by a penny to $1.28 per share, up 16.4% year over year. Revenues grew to $30.74 billion, hotter than the $30.33 billion anticipated and up 7.9% year over year. For more on WBA's earnings, click here. Finally, fresh Initial Jobless Claims numbers hit the early-morning tape today, and these numbers were higher than expected: +250K new claims were up 3,000 from the previous week's slightly upwardly revised total of 245K. This is at the top of our non-hurricane-related jobless claims range we've seen over the past dozen quarters or more. Continuing claims, however, fell lower again from 1.951 million two weeks ago to 1.914 million last week. We remain under the psychologically satisfying 2 million jobless claims figure. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Walgreens Boots Alliance, Inc. (WBA): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report J.C. Penney Company, Inc. Holding Company (JCP): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP ADP Private Sector Payroll Read For December At 250K"", ""ADP Brings 250K New Jobs, Better than Expected"", ""Dividend Growth 50: This 8.18% Raise Is A Great Birthday Gift""]" ADP,2018-01-05,106.935,107.152,105.801,106.708,"[""The Rose Portfolio Update With Double Digit Total Return For The 91 Holdings"", ""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $\u2013\u2013. ..."", ""Non-Farm Payroll Disappoints"", ""Stock Market News for January 05, 2018"", ""Daily Insider Ratings Round Up 1/3/18: PDVW, GABC, ZYNE, CUBA, TDF"", ""Dow 30 Stock Roundup: Apple Apologizes for iPhone Issue, Disney's The Last Jedi Crosses $1B Mark"", ""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $\u2013\u2013. ..."", ""Non-Farm Payroll Disappoints"", ""Stock Market News for January 05, 2018"", ""Daily Insider Ratings Round Up 1/3/18: PDVW, GABC, ZYNE, CUBA, TDF"", ""Dow 30 Stock Roundup: Apple Apologizes for iPhone Issue, Disney's The Last Jedi Crosses $1B Mark"", ""The Rose Portfolio Update With Double Digit Total Return For The 91 Holdings"", ""Non-Farm Payroll Disappoints The much-anticipated monthly employment report from the Bureau of Labor Statistics (BLS) was released today ahead of the opening bell, and the headline results, at first blush, look a little disappointing: 148K new non-farm payroll jobs were reportedly created in the month of December, beneath the analyst consensus of around 180K. The unemployment rate remained steady at 4.1%, a 17-year low. However, just because this jobs total did not hit consensus, it's still tens of thousands of jobs to the positive - that is, the current U.S. labor market only needs around 80K-100K new jobs per month to keep growing. Further, we see a big upward revision in November's BLS headline, from 228K initially reported to 252K this morning. That said, we see these gains offset by a downward revision in October: 244K to 211K. The important places to drill down into this data do reveal good news relative to the disappointing headline: Average Hourly Earnings, an important metric tracking long-dormant wage growth, rose 0.3% in December - up from the +0.1% in November and pushing the year-over-year tally to 2.5%. And with the recently passed tax cuts to corporations, at this level of near-full employment, we look toward wage growth increasing even further in the months to come. Healthcare, unsurprisingly, brought in 31K new jobs last month - it also led the ADP ADP private sector jobs totals released yesterday. (ADP's numbers were far higher than today's BLS totals, however. These surveys tend to tack closer together over future revisions, and ADP is also known by some analysts to overstate December numbers, partially on holiday shopping season in the Retail space.) But importantly, Construction and Manufacturing - two sectors that have struggled to keep up with the rest of the economy over he past few years - gained 30K and 25K new jobs last month, respectively. Retail last month brought the biggest disappointment, losing 20K jobs in the month. Considering holiday shopping season, when retailers traditionally add temporary jobs in the stores for the influx of shoppers, this number seems like something of an anomaly. But take a look at Warehousing, +30K in December, and the view becomes a bit clearer: there is no bigger warehouser in America than Amazon AMZN , and no retailer sold more goods for the holidays. Also, unemployment for African Americans fell to 6.8% last month, reportedly the lowest in the history of he BLS report (1971). The U-6 (aka \""real unemployment\"") remained steady at 8.1%, also historically low. And the Labor Force Participation Rate equalled the previous month's 62.7%. In short, there is plenty here to hang our economic hat on. Perhaps we'll even see some positive revisions to the negative number in the Retail sector, who knows? In any case, not bad news for the market - especially considering unemployment holding steady at 4.1% is not expected to change anyone's opinion at the Fed regarding interest rates at this point. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Job Gains 148K: Worse than Expected, Better than It Seems Friday, January 5, 2018 The much-anticipated monthly employment report from the Bureau of Labor Statistics (BLS) was released today ahead of the opening bell, and the headline results, at first blush, look a little disappointing: 148K new non-farm payroll jobs were reportedly created in the month of December, beneath the analyst consensus of around 180K. The unemployment rate remained steady at 4.1%, a 17-year low. However, just because this jobs total did not hit consensus, it's still tens of thousands of jobs to the positive - that is, the current U.S. labor market only needs around 80K-100K new jobs per month to keep growing. Further, we see a big upward revision in November's BLS headline, from 228K initially reported to 252K this morning. That said, we see these gains offset by a downward revision in October: 244K to 211K. The important places to drill down into this data do reveal good news relative to the disappointing headline: Average Hourly Earnings, an important metric tracking long-dormant wage growth, rose 0.3% in December - up from the +0.1% in November and pushing the year-over-year tally to 2.5%. And with the recently passed tax cuts to corporations, at this level of near-full employment, we look toward wage growth increasing even further in the months to come. Healthcare, unsurprisingly, brought in 31K new jobs last month - it also led the ADP ADP private sector jobs totals released yesterday. (ADP's numbers were far higher than today's BLS totals, however. These surveys tend to tack closer together over future revisions, and ADP is also known by some analysts to overstate December numbers, partially on holiday shopping season in the Retail space.) But importantly, Construction and Manufacturing - two sectors that have struggled to keep up with the rest of the economy over he past few years - gained 30K and 25K new jobs last month, respectively. Retail last month brought the biggest disappointment, losing 20K jobs in the month. Considering holiday shopping season, when retailers traditionally add temporary jobs in the stores for the influx of shoppers, this number seems like something of an anomaly. But take a look at Warehousing, +30K in December, and the view becomes a bit clearer: there is no bigger warehouser in America than Amazon AMZN , and no retailer sold more goods for the holidays. Also, unemployment for African Americans fell to 6.8% last month, reportedly the lowest in the history of he BLS report (1971). The U-6 (aka \""real unemployment\"") remained steady at 8.1%, also historically low. And the Labor Force Participation Rate equalled the previous month's 62.7%. In short, there is plenty here to hang our economic hat on. Perhaps we'll even see some positive revisions to the negative number in the Retail sector, who knows? In any case, not bad news for the market - especially considering unemployment holding steady at 4.1% is not expected to change anyone's opinion at the Fed regarding interest rates at this point. Mark Vickery Senior Editor Questions or comments about this article and/or its author? Click here>> Zacks' Best Private Investment Ideas While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades\u2026 from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $\u2013\u2013. ..."", ""Non-Farm Payroll Disappoints"", ""Stock Market News for January 05, 2018"", ""Daily Insider Ratings Round Up 1/3/18: PDVW, GABC, ZYNE, CUBA, TDF"", ""Dow 30 Stock Roundup: Apple Apologizes for iPhone Issue, Disney's The Last Jedi Crosses $1B Mark"", ""The Rose Portfolio Update With Double Digit Total Return For The 91 Holdings""]" ADP,2018-01-08,106.767,106.965,105.909,106.383,"[""The Best And Worst Dividend Aristocrats Of 2018"", ""The Best And Worst Dividend Aristocrats Of 2018"", ""Notable ETF Outflow Detected - QQQ, GOOG, ADP, MU Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the PowerShares QQQ (Symbol: QQQ) where we have detected an approximate $656.8 million dollar outflow -- that's a 1.1% decrease week over week (from 375,900,000 to 371,850,000). Among the largest underlying components of QQQ, in trading today Alphabet Inc (Symbol: GOOG) is up about 0.7%, Automatic Data Processing Inc. (Symbol: ADP) is down about 0.3%, and Micron Technology Inc. (Symbol: MU) is higher by about 0.1%. For a complete list of holdings, visit the QQQ Holdings page \u00bb The chart below shows the one year price performance of QQQ, versus its 200 day moving average: Looking at the chart above, QQQ's low point in its 52 week range is $121.60 per share, with $162.36 as the 52 week high point - that compares with a last trade of $162.35. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""The Best And Worst Dividend Aristocrats Of 2018""]" ADP,2018-01-09,106.225,107.399,105.998,107.142,"[""A Great Total Return Defense Company But Quality Does Not Come Cheap"", ""After 24% Gain By Paychex, BofA Steps To The Sidelines"", ""After 24% Gain By Paychex, BofA Steps To The Sidelines"", ""A Great Total Return Defense Company But Quality Does Not Come Cheap"", ""After 24% Gain By Paychex, BofA Steps To The Sidelines"", ""A Great Total Return Defense Company But Quality Does Not Come Cheap""]" ADP,2018-01-10,106.689,106.797,105.603,106.146,"[""Grubman Wealth Management Buys iShares '-7 Year Treasury Bond ETF, iShares California Muni ..."", ""Nasdaq 'Safer' Dividend Gainers Led By Western, Vodafone, And Broadcom As Per January Broker Targets"", ""Top Nasdaq Gainers Are Western Digital, Vodafone And Broadcom Per January Broker 1 Year Targets"", ""Grubman Wealth Management Buys iShares '-7 Year Treasury Bond ETF, iShares California Muni ..."", ""Nasdaq 'Safer' Dividend Gainers Led By Western, Vodafone, And Broadcom As Per January Broker Targets"", ""Top Nasdaq Gainers Are Western Digital, Vodafone And Broadcom Per January Broker 1 Year Targets"", ""Grubman Wealth Management Buys iShares '-7 Year Treasury Bond ETF, iShares California Muni ..."", ""Nasdaq 'Safer' Dividend Gainers Led By Western, Vodafone, And Broadcom As Per January Broker Targets"", ""Top Nasdaq Gainers Are Western Digital, Vodafone And Broadcom Per January Broker 1 Year Targets""]" ADP,2018-01-11,106.235,106.245,104.874,105.722, ADP,2018-01-12,106.275,107.3,105.86,106.866,"[""Buy Pershing Square At A 25% Discount To Net Asset Value"", ""A Bottom Has Formed In This Turnaround Company, Buy For Income And Future Growth"", ""Buy Pershing Square At A 25% Discount To Net Asset Value"", ""A Bottom Has Formed In This Turnaround Company, Buy For Income And Future Growth"", ""Buy Pershing Square At A 25% Discount To Net Asset Value"", ""A Bottom Has Formed In This Turnaround Company, Buy For Income And Future Growth""]" ADP,2018-01-16,106.915,108.059,106.57,107.714,"[""Automatic Data Processing declares $0.63 dividend"", ""It's Time For The Next Generation Dividend Growth Model Portfolio"", ""It's Time For The Next Generation Dividend Growth Model Portfolio"", ""Automatic Data Processing declares $0.63 dividend"", ""3 of the Best Trades for the Week InvestorPlace - Stock Market News, Stock Advice & Trading Tips The S&P 500 enters the third week of 2018 with a jaw-dropping 4.2% year-to-date gain. Were this blistering pace to continue, the large-cap laden index would finish the year up an unheard of 100%. We will undoubtedly see a slowing of the ascent in the weeks ahead, but why not join in the bullish revelry why it lasts? Today we feature three of the best trades for the days ahead. Because of the rousing start to the year, many equities have already stretched to the sky. And that makes low-risk entries a bit harder to come by. Remember, buying near support levels or well established bases is always preferable to chasing a stock that's already lifted five to ten days in a row. While it's true that the only candidates that still offer low-risk entries may have lagged so far this year, the tone of the tape has been for laggards to eventually play catch-up. 10 High-Growth Stocks to Kick Your Portfolio into Hyper Drive So let's hop to it. Behold, three of the best trades for the week. Best Trades for the Week: Roku Inc (ROKU) Source: ThinkorSwim Red-hot momentum favorite, Roku Inc (NASDAQ: ROKU ), has taken a backseat thus far this year. Since peaking at $58.80, ROKU stock has shed 26% of its value. Despite the magnitude of the retreat, shares are still above the rising 50-day moving average, suggesting the intermediate- and long-term trends are still pointing higher. And that suggests this is a dip worth buying. The elevated volatility is keeping option premiums juicy enough to sell. Naked puts offer a high probability avenue for betting ROKU is close to bottoming out and rising once more. Sell the Feb $35 put for $1.35. The max reward is limited to the initial credit received. By selling the put, you are obligating yourself to buy shares at an effective purchase price of $33.65 if the put sits in-the-money at expiration. Best Trades for the Week: Chipotle Mexican Grill Inc (CMG) Source: ThinkorSwim Chipotle Mexican Grill, Inc. (NYSE: CMG ), once a high-flier, has been brought low in recent years. Bottom fishers have long circled the stock in hopes that an upside reversal would finally manifest itself. It appears their patience may finally pay off. CMG boasts a classic inverted head-and-shoulders pattern and it is currently testing the neckline at $330. This horizontal resistance level has proved to be a pivotal ceiling for six months now. If the stock can finally vault back above it, buyers will have officially wrested back control of their favorite burrito chain. 8 Stocks That Will Hit All-Time Highs in 2018 To capitalize on the turnaround, sell the Feb $300/$290 bull put spread for $1.80 credit. Best Trades for the Week Automatic Data Processing (ADP) Source: ThinkorSwim For our final selection, we turn to Automatic Data Processing (NASDAQ: ADP ), which is on the verge of a monster breakout. ADP is trending above a rising 20-, 50- and 200-day moving average, confirming its uptrending status across all time frames. Over the past six months, the $120 zone has sat atop the stock like an impenetrable ceiling. But the more the resistance is tested, the weaker it becomes. I think a breakout is imminent. On a breach of $120, buy the May $120 call options. Your risk will be limited to the initial cost and the reward will be unlimited. As of this writing, Tyler Craig didn't hold positions in any of the aforementioned securities. Want more education on how to trade? Check out his trading blog, Tales of a Technician . Compare Brokers The post 3 of the Best Trades for the Week appeared first on InvestorPlace . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""It's Time For The Next Generation Dividend Growth Model Portfolio"", ""Automatic Data Processing declares $0.63 dividend""]" ADP,2018-01-17,108.256,110.219,107.872,110.101,"Daily Dividend Report: FAST, O, VNO, OHI, ADP Fastenal Company ( FAST ) reported its board of directors declared a dividend of $0.37 per share to be paid in cash on February 27, 2018 to shareholders of record at the close of business on January 31, 2018. Realty Income Corporation ( O ) has declared an increase in the company's common stock monthly cash dividend to $0.219 per share from $0.2125 per share. The dividend is payable on February 15, 2018 to shareholders of record as of February 1, 2018. VORNADO REALTY TRUST ( VNO ) declared an increased quarterly dividend of $.63 per share, a 2018 annual dividend rate of $2.52. The former annual dividend rate, exclusive of Vornado's Washington DC business which was spun-off in July 2017, was $2.34 per share. The dividend will be payable on February 15, 2018 to shareholders of record on January 29, 2018. Omega Healthcare Investors ( OHI ) declared a common stock dividend of $0.66 per share, increasing the quarterly common dividend by $0.01 per share over the previous quarter. The common stock dividend is payable Thursday, February 15, 2018 to common stockholders of record as of the close of business on Wednesday, January 31, 2018. The board of directors of Automatic Data Processing ( ADP ) has declared a regular quarterly dividend of 63 cents per share payable April 1, 2018 to shareholders of record on March 9, 2018. VIDEO: Daily Dividend Report: FAST, O, VNO, OHI, ADP The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2018-01-18,109.677,110.871,108.75,109.084,"[""10 Dividend Growth Stocks For January 2018"", ""HP Inc.: Buy For Income And Total Return"", ""HP Inc.: Buy For Income And Total Return"", ""10 Dividend Growth Stocks For January 2018"", ""XLK, TXN, PYPL, ADP: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Technology Select Sector SPDR Fund (Symbol: XLK) where we have detected an approximate $114.8 million dollar inflow -- that's a 0.6% increase week over week in outstanding units (from 305,405,897 to 307,105,897). Among the largest underlying components of XLK, in trading today Texas Instruments Inc. (Symbol: TXN) is down about 2.1%, PayPal Holdings Inc (Symbol: PYPL) is up about 0.6%, and Automatic Data Processing Inc. (Symbol: ADP) is lower by about 0.3%. For a complete list of holdings, visit the XLK Holdings page \u00bb The chart below shows the one year price performance of XLK, versus its 200 day moving average: Looking at the chart above, XLK's low point in its 52 week range is $49.44 per share, with $67.79 as the 52 week high point - that compares with a last trade of $67.58. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""HP Inc.: Buy For Income And Total Return"", ""10 Dividend Growth Stocks For January 2018""]" ADP,2018-01-19,109.341,110.032,108.553,109.548,"[""Catawba Capital Management Buys Automatic Data Processing Inc, Parker Hannifin Corp, Verint ..."", ""Catawba Capital Management Buys Automatic Data Processing Inc, Parker Hannifin Corp, Verint ..."", ""Catawba Capital Management Buys Automatic Data Processing Inc, Parker Hannifin Corp, Verint ...""]" ADP,2018-01-22,109.745,110.841,109.657,110.771,"[""Good, Tasty Total Return And Income For This Food Company"", ""Dividend Aristocrats In A Rising Rate Environment"", ""ADP Acquires WorkMarket, Terms Not Disclosed"", ""ADP Acquires WorkMarket, Terms Not Disclosed"", ""Good, Tasty Total Return And Income For This Food Company"", ""Dividend Aristocrats In A Rising Rate Environment"", ""Agree To Purchase Automatic Data Processing At $97.50, Earn 2.4% Using Options Investors eyeing a purchase of Automatic Data Processing Inc. (Symbol: ADP) shares, but tentative about paying the going market price of $121.88/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $97.50 strike, which has a bid at the time of this writing of $2.35. Collecting that bid as the premium represents a 2.4% return against the $97.50 commitment, or a 2.4% annualized rate of return (at Stock Options Channel we call this the YieldBoost ). Selling a put does not give an investor access to ADP's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $97.50 strike if doing so produced a better outcome than selling at the going market price. ( Do options carry counterparty risk? This and six other common options myths debunked ). So unless Automatic Data Processing Inc. sees its shares decline 20.1% and the contract is exercised (resulting in a cost basis of $95.15 per share before broker commissions, subtracting the $2.35 from $97.50), the only upside to the put seller is from collecting that premium for the 2.4% annualized rate of return. Interestingly, that annualized 2.4% figure actually exceeds the 2.1% annualized dividend paid by Automatic Data Processing Inc., based on the current share price of $121.88. And yet, if an investor was to buy the stock at the going market price in order to collect the dividend, there is greater downside because the stock would have to lose 20.13% to reach the $97.50 strike price. Always important when discussing dividends is the fact that, in general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Automatic Data Processing Inc., looking at the dividend history chart for ADP below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 2.1% annualized dividend yield. Below is a chart showing the trailing twelve month trading history for Automatic Data Processing Inc., and highlighting in green where the $97.50 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2019 put at the $97.50 strike for the 2.4% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Automatic Data Processing Inc. (considering the last 252 trading day closing values as well as today's price of $121.88) to be 20%. For other put options contract ideas at the various different available expirations, visit the ADP Stock Options page of StockOptionsChannel.com. Top YieldBoost Puts of the Nasdaq 100 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Acquires WorkMarket, Terms Not Disclosed"", ""Good, Tasty Total Return And Income For This Food Company"", ""Dividend Aristocrats In A Rising Rate Environment""]" ADP,2018-01-23,109.903,110.781,109.518,110.14,"[""Fundsmith Annual Letter To Shareholders 2017"", ""Wall Street Breakfast: WEF Kicks Off In Davos"", ""Change of style for Bill Ackman"", ""Fundsmith Annual Letter To Shareholders 2017"", ""Wall Street Breakfast: WEF Kicks Off In Davos"", ""Change of style for Bill Ackman"", ""Fundsmith Annual Letter To Shareholders 2017"", ""Wall Street Breakfast: WEF Kicks Off In Davos"", ""Change of style for Bill Ackman""]" ADP,2018-01-24,110.702,110.702,108.877,109.046,"[""Simulations Plus, Inc. (SLP) Ex-Dividend Date Scheduled for January 25, 2018 Simulations Plus, Inc. ( SLP ) will begin trading ex-dividend on January 25, 2018. A cash dividend payment of $0.06 per share is scheduled to be paid on February 02, 2018. Shareholders who purchased SLP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over prior dividend payment. The previous trading day's last sale of SLP was $16.25, representing a -6.88% decrease from the 52 week high of $17.45 and a 71.96% increase over the 52 week low of $9.45. SLP is a part of the Technology sector, which includes companies such as Altaba Inc. ( AABA ) and Automatic Data Processing, Inc. ( ADP ). SLP's current earnings per share, an indicator of a company's profitability, is $.35. Zacks Investment Research reports SLP's forecasted earnings growth in 2018 as 17.65%, compared to an industry average of 9.6%. For more information on the declaration, record and payment dates, visit the SLP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why International Business Machines is a Top 25 SAFE Dividend Stock (IBM) International Business Machines Corp (Symbol: IBM) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.6% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report. According to the ETF Finder at ETF Channel , International Business Machines Corp is a member of the iShares S&P 1500 Index ETF ( ITOT ), and is also an underlying holding representing 1.72% of the SPDR S&P Dividend ETF ( SDY ), which holds $287,017,058 worth of IBM shares. International Business Machines Corp (Symbol: IBM) made the \""Dividend Channel S.A.F.E. 25\"" list because of these qualities: S . Solid return - hefty yield and strong DividendRank characteristics; A. Accelerating amount - consistent dividend increases over time; F . Flawless history - never a missed or lowered dividend; E. Enduring - at least two decades of dividend payments. The annualized dividend paid by International Business Machines Corp is $6/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/09/2017. Below is a long-term dividend history chart for IBM, which the report stressed as being of key importance. IBM operates in the Information Technology Services sector, among companies like Automatic Data Processing Inc. ( ADP ), and Cognizant Technology Solutions Corp. ( CTSH ). Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2018-01-25,109.094,109.558,108.326,108.828,"[""Providence First Trust Co Buys iShares MSCI Emerging Index Fund, SPDR Select Sector Fund - ..."", ""Retirement: A Future-Proof Portfolio For Young Investors"", ""Johnson & Johnson: Dividend King And Dividend Growth, Buy The Dip, 20% Upside Potential"", ""Providence First Trust Co Buys iShares MSCI Emerging Index Fund, SPDR Select Sector Fund - ..."", ""Retirement: A Future-Proof Portfolio For Young Investors"", ""Johnson & Johnson: Dividend King And Dividend Growth, Buy The Dip, 20% Upside Potential"", ""Providence First Trust Co Buys iShares MSCI Emerging Index Fund, SPDR Select Sector Fund - ..."", ""Retirement: A Future-Proof Portfolio For Young Investors"", ""Johnson & Johnson: Dividend King And Dividend Growth, Buy The Dip, 20% Upside Potential""]" ADP,2018-01-26,109.44,110.644,108.897,110.357, ADP,2018-01-29,110.071,110.15,108.927,108.947,"[""HCM Dominance & PEO Revenues to Drive ADP's Q2 Earnings"", ""American Tower: A REIT For Today And Tomorrow"", ""American Tower: A REIT For Today And Tomorrow"", ""HCM Dominance & PEO Revenues to Drive ADP's Q2 Earnings"", ""First Week of ADP March 16th Options Trading Investors in Automatic Data Processing Inc. (Symbol: ADP) saw new options become available this week, for the March 16th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the ADP options chain for the new March 16th contracts and identified one put and one call contract of particular interest. The put contract at the $110.00 strike price has a current bid of 55 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $110.00, but will also collect the premium, putting the cost basis of the shares at $109.45 (before broker commissions). To an investor already interested in purchasing shares of ADP, that could represent an attractive alternative to paying $121.36/share today. Because the $110.00 strike represents an approximate 9% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 93%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 0.50% return on the cash commitment, or 3.97% annualized - at Stock Options Channel we call this the YieldBoost . Below is a chart showing the trailing twelve month trading history for Automatic Data Processing Inc., and highlighting in green where the $110.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $125.00 strike price has a current bid of $1.90. If an investor was to purchase shares of ADP stock at the current price level of $121.36/share, and then sell-to-open that call contract as a \""covered call,\"" they are committing to sell the stock at $125.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.56% if the stock gets called away at the March 16th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if ADP shares really soar, which is why looking at the trailing twelve month trading history for Automatic Data Processing Inc., as well as studying the business fundamentals becomes important. Below is a chart showing ADP's trailing twelve month trading history, with the $125.00 strike highlighted in red: Considering the fact that the $125.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 65%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.57% boost of extra return to the investor, or 12.43% annualized, which we refer to as the YieldBoost . The implied volatility in the put contract example is 25%, while the implied volatility in the call contract example is 21%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $121.36) to be 20%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""American Tower: A REIT For Today And Tomorrow"", ""HCM Dominance & PEO Revenues to Drive ADP's Q2 Earnings""]" ADP,2018-01-30,109.263,109.815,107.892,108.997,"[""Notable earnings before Wednesday's open"", ""Pershing Square (Bill Ackman) London Investor Meeting January 29, 2018"", ""Why Earnings Season Could Be Great for Automatic Data Processing (ADP)"", ""Bill Ackman Defends Another Down Year For Pershing Square"", ""Bill Ackman Defends Another Down Year For Pershing Square"", ""Notable earnings before Wednesday's open"", ""Why Earnings Season Could Be Great for Automatic Data Processing (ADP)"", ""Pershing Square (Bill Ackman) London Investor Meeting January 29, 2018"", ""Vanguard Information Technology ETF Experiences Big Inflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Information Technology ETF (Symbol: VGT) where we have detected an approximate $120.6 million dollar inflow -- that's a 0.6% increase week over week in outstanding units (from 105,996,805 to 106,675,617). Among the largest underlying components of VGT, in trading today Qualcomm Inc (Symbol: QCOM) is down about 0.3%, Automatic Data Processing Inc. (Symbol: ADP) is down about 0.8%, and Activision Blizzard, Inc. (Symbol: ATVI) is lower by about 1.9%. For a complete list of holdings, visit the VGT Holdings page \u00bb The chart below shows the one year price performance of VGT, versus its 200 day moving average: Looking at the chart above, VGT's low point in its 52 week range is $126.0602 per share, with $179.19 as the 52 week high point - that compares with a last trade of $176.27. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Earnings Season Could Be Great for Automatic Data Processing (ADP) Investors are always looking for stocks that are poised to beat at earnings season and Automatic Data Processing, Inc.ADP may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Automatic Data Processing is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings-with the most up-to-date information possible-is a pretty good indicator of some favorable trends underneath the surface for ADP in this report. Analysts have very recently bumped up their estimates for ADP, giving the stock a Zacks Earnings ESP of +0.11% heading into earnings season. Automatic Data Processing, Inc. Price and EPS Surprise Automatic Data Processing, Inc. Price and EPS Surprise | Automatic Data Processing, Inc. Quote Why is this Important? A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here ). Given that ADP has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here . Clearly, recent earnings estimate revisions suggest that good things are ahead for Automatic Data Processing, and that a beat might be in the cards for the upcoming report. Don't Even Think About Buying Bitcoin Until You Read This The most popular cryptocurrency skyrocketed last year, giving some investors the chance to bank 20X returns or even more. Those gains, however, came with serious volatility and risk. Bitcoin sank 25% or more 3 times in 2017. Zacks' has just released a new Special Report to help readers capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 4 crypto-related stocks now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""International Business Machines a Top Socially Responsible Dividend Stock With 3.6% Yield (IBM) International Business Machines Corp (Symbol: IBM) has been named a Top Socially Responsible Dividend Stock by Dividend Channel , signifying a stock with above-average ''DividendRank'' statistics including a strong 3.6% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society - for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel , International Business Machines Corp is a member of both the iShares MSCI USA ESG Select ETF ( SUSA ), making up 1.09% of the underlying holdings of the fund, as well as the iShares MSCI KLD 400 Social Index Fund ETF ( DSI ), where IBM makes up 1.25% of the underlying holdings of the fund. The annualized dividend paid by International Business Machines Corp is $6/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/09/2017. Below is a long-term dividend history chart for IBM, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. IBM operates in the Information Technology Services sector, among companies like Automatic Data Processing Inc. ( ADP ), and Cognizant Technology Solutions Corp. ( CTSH ). Top 25 Socially Responsible Dividend Stocks - Income To Feel Good About \u00bb The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Market Earnings Report for January 31, 2018 : BA, LLY, TMO, ANTM, EPD, ADP, SPG, JCI, SIRI, IR, ERIC, WEC The following companies are expected to report earnings prior to market open on 01/31/2018. Visit our Earnings Calendar for a full list of expected earnings releases. Boeing Company ( BA ) is reporting for the quarter ending December 31, 2017. The aerospace and defense company's consensus earnings per share forecast from the 9 analysts that follow the stock is $2.91. This value represents a 17.81% increase compared to the same quarter last year. In the past year BA has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 2.64%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for BA is 33.51 vs. an industry ratio of 18.60, implying that they will have a higher earnings growth than their competitors in the same industry. Eli Lilly and Company ( LLY ) is reporting for the quarter ending December 31, 2017. The large cap pharmaceutical company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.08. This value represents a 13.68% increase compared to the same quarter last year. LLY missed the consensus earnings per share in the 4th calendar quarter of 2016 by -4.04%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for LLY is 20.76 vs. an industry ratio of 17.50, implying that they will have a higher earnings growth than their competitors in the same industry. Thermo Fisher Scientific Inc ( TMO ) is reporting for the quarter ending December 31, 2017. The medical instruments company's consensus earnings per share forecast from the 10 analysts that follow the stock is $2.66. This value represents a 10.37% increase compared to the same quarter last year. In the past year TMO has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 3.12%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for TMO is 23.38 vs. an industry ratio of -16.80, implying that they will have a higher earnings growth than their competitors in the same industry. Anthem, Inc. ( ANTM ) is reporting for the quarter ending December 31, 2017. The hmo company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.25. This value represents a 28.98% decrease compared to the same quarter last year. In the past year ANTM has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 9.96%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ANTM is 21.47 vs. an industry ratio of -0.80, implying that they will have a higher earnings growth than their competitors in the same industry. Enterprise Products Partners L.P. ( EPD ) is reporting for the quarter ending December 31, 2017. The oil/gas company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.35. This value represents a 12.90% increase compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for EPD is 22.32 vs. an industry ratio of 50.40. Automatic Data Processing, Inc. ( ADP ) is reporting for the quarter ending December 31, 2017. The outsourcing company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.89. This value represents a 2.30% increase compared to the same quarter last year. ADP missed the consensus earnings per share in the 2nd calendar quarter of 2017 by -2.99%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ADP is 30.81 vs. an industry ratio of 33.80. Simon Property Group, Inc. ( SPG ) is reporting for the quarter ending December 31, 2017. The reit company's consensus earnings per share forecast from the 10 analysts that follow the stock is $3.12. This value represents a 7.22% increase compared to the same quarter last year. SPG missed the consensus earnings per share in the 1st calendar quarter of 2017 by -0.72%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for SPG is 14.53 vs. an industry ratio of 16.30. Johnson Controls International plc ( JCI ) is reporting for the quarter ending December 31, 2017. The protection safety company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.51. This value represents a 3.77% decrease compared to the same quarter last year. In the past year JCI has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2018 Price to Earnings ratio for JCI is 14.50 vs. an industry ratio of 18.50. Sirius XM Holdings Inc. ( SIRI ) is reporting for the quarter ending December 31, 2017. The broadcast (radio/tv) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.05. This value represents a 25.00% increase compared to the same quarter last year. In the past year SIRI has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2017 Price to Earnings ratio for SIRI is 31.47 vs. an industry ratio of 14.80, implying that they will have a higher earnings growth than their competitors in the same industry. Ingersoll-Rand plc (Ireland) ( IR ) is reporting for the quarter ending December 31, 2017. The machinery company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.02. This value represents a 21.43% increase compared to the same quarter last year. IR missed the consensus earnings per share in the 4th calendar quarter of 2016 by -8.7%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for IR is 20.81 vs. an industry ratio of 27.50. Ericsson ( ERIC ) is reporting for the quarter ending December 31, 2017. The wireless equipment company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.05. This value represents a 28.57% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ERIC is -53.92 vs. an industry ratio of 12.00. WEC Energy Group, Inc. ( WEC ) is reporting for the quarter ending December 31, 2017. The electric power utilities company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.67. This value represents a 9.84% increase compared to the same quarter last year. WEC missed the consensus earnings per share in the 4th calendar quarter of 2016 by -1.61%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for WEC is 20.26 vs. an industry ratio of 17.90, implying that they will have a higher earnings growth than their competitors in the same industry. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Bill Ackman Defends Another Down Year For Pershing Square"", ""Notable earnings before Wednesday's open"", ""Why Earnings Season Could Be Great for Automatic Data Processing (ADP)"", ""Pershing Square (Bill Ackman) London Investor Meeting January 29, 2018""]" ADP,2018-01-31,108.473,112.962,108.473,111.521,"[""ADP Q2 Earnings & Revenues Top Estimates, Bookings Increased"", ""Automatic Data Processing beats by $0.09, beats on revenue"", ""Automatic Data Processing's (ADP) CEO Carlos Rodriguez on Q2 2018 Results - Earnings Call Transcript"", ""Markets Rebound Bigly on ADP, Q4, SOTU"", ""ADP +2.8% after Q4 beat, boosted profit guidance for 2018"", ""ADP Tops Q2 Earnings & Revenue Estimates, Raises '18 View"", ""Automatic Data Processing, Inc. 2018 Q2 - Results - Earnings Call Slides"", ""Earnings Scheduled For January 31, 2018"", ""15 Stocks To Watch For January 31, 2018"", ""ADP Reports Q2 Adj. EPS $0.99 vs $0.90 Est., Sales $3.2B vs $3.18B Est."", ""ADP Sees FY18 Sales Growth Of 7-8% vs Prior Forecast Of 6-8%, Adj. EPS Growth Of 12-13% vs Prior Forecast Of 5-7%"", ""A Peek Into The Markets: U.S. Stock Futures Rise; Fed Decision In Focus"", ""A Peek Into The Markets: U.S. Stock Futures Rise; Fed Decision In Focus"", ""ADP Sees FY18 Sales Growth Of 7-8% vs Prior Forecast Of 6-8%, Adj. EPS Growth Of 12-13% vs Prior Forecast Of 5-7%"", ""ADP Reports Q2 Adj. EPS $0.99 vs $0.90 Est., Sales $3.2B vs $3.18B Est."", ""15 Stocks To Watch For January 31, 2018"", ""Earnings Scheduled For January 31, 2018"", ""Automatic Data Processing's (ADP) CEO Carlos Rodriguez on Q2 2018 Results - Earnings Call Transcript"", ""Markets Rebound Bigly on ADP, Q4, SOTU"", ""ADP +2.8% after Q4 beat, boosted profit guidance for 2018"", ""ADP Tops Q2 Earnings & Revenue Estimates, Raises '18 View"", ""Automatic Data Processing, Inc. 2018 Q2 - Results - Earnings Call Slides"", ""ADP Q2 Earnings & Revenues Top Estimates, Bookings Increased"", ""Automatic Data Processing beats by $0.09, beats on revenue"", ""Financial Sector Update for 01/31/2018: MKTX,SPG,CACC,ADP Top Financial Stocks JPM +0.58% BAC +0.99% WFC +0.80% C +0.42% USB -0.53% Financial stocks were moderately higher, with the NYSE Financial Sector Index rising almost 0.2% while financial companies in the S&P 500 Index were climbing more than 0.4%. Elsewhere, the Philadelphia Housing Sector Index was falling 0.2%. In economic news: Ahead of the U.S. Labor Department report Friday on January employment, ADP saw very strong hiring this month, with an estimates 234,000 rise in private payrolls compared with an Econoday survey expecting a 195,000 increase. Wage costs and benefit costs eased somewhat during Q4, rising an as-expected 0.6%, down from a 0.7% Q3 advance. Year-over-year wages and benefits climbed another 0.1 percentage point to 2.6% over the final three months in 2017. Elsewhere, existing home sales rose an as-expected 0.5% as limited supply continues to rein in the U.S. housing market. Among financial stocks moving on news: + MarketAxess Holdings ( MKTX ) rose more than 3% on Wednesday, touching a session high of $197.05 a share, after the electronic-trading brokerage reported better-than-expected Q4 financial results. It earned $0.88 per share during the October-through-December period, unchanged from year-ago levels but still beating the three-analyst consensus call by $0.05 per share. Revenue rose 4.5% to $99.6 mln, topping the analyst mean by $1 mln. In other sector news: - Simon Property Group ( SPG ) was narrowly lower during Wednesday trading, paring much of a 2.5% decline made earlier after the shopping mall owner reported Q4 funds from operation of $3.12 per share, up from $2.53 per share during the year-ago period and matching the Capital IQ consensus. Revenue was little changed compared with last year at $1.43 bln, but trailing Wall Street expectations by around $20 mln. The real estate investment trust is projecting FY18 FFO in a range of $11.90 to $12.02 per share, lagging the analyst mean by at least $0.09 per share. It raised its quarterly dividend by 5.4% over its most recent distribution and up 11.4% year-over-year to $1.95 per share, payable Feb. 28 to shareholders of record on Feb. 14. - Credit Acceptance ( CACC ) dropped as much as 12.5%, sinking to a session low of $317.00 a share, after the company last night posted mixed Q4 financial results. Excluding one-time items, the auto-loan company earned $5.16 per share, lagging the analyst mean by $0.01 per share. Revenue grew 12.1% to $287.3 mln, roughly in-line with the $287.37 mln consensus estimate. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Technology Sector Update for 01/31/2018: ADP,CMCM,CHKP Top Tech Stocks MSFT +1.62% AAPL -0.04% IBM +0.12% CSCO -1.0% GOOG +0.61% Technology stocks were recouping a portion of their steep declines of Tuesday, with shares of tech companies in the S&P 500 adding more than 0.6% in value Wednesday while the Philadelphia semiconductor index was posting a more than 1.6% gain. Among technology stocks moving on news: + Automatic Data Processing ( ADP ) pushed out to a new, all-high on Wednesday, climbing more than 3% to reach $124.55 a share, after the performance analytics company reported a $0.99 per share Q2 adjusted profit, up from $0.87 per share during the same quarter last year and topping the Capital IQ consensus by $0.09 per share. Revenue climbed 8.4% over last year to $3.24 billion, also beating the analyst mean by around $60 million. Looking forward, the company raised its forecast for FY18 revenue growth to a new range of 7% to 8% from 5% to 7% previously. Analysts, on average, are modelling 6.7% growth to $13.25 billion in revenue for the 12 months ending June 30. In other sector news: + Cheetah Mobile ( CMCM ) was trading higher Wednesday afternoon, retaining almost all of its more than 10% rise to a session high of $17.20 a share, after releasing its SafeWallet cryptocurrency wallet for smartphones and touting its three-tiered security defense system and easy-to-use interface. - Check Point Software ( CHKP ) was down 1% in recent trading after reporting its Q4 revenue rose to $506 million from $486.7 million but trailed the $508.6 million Capital IQ consensus. Excluding one-time items, it earned $1.58 per share, compared with $1.46 per share last year and beating the Street view by $0.07 per share. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""A Peek Into The Markets: U.S. Stock Futures Rise; Fed Decision In Focus"", ""ADP Sees FY18 Sales Growth Of 7-8% vs Prior Forecast Of 6-8%, Adj. EPS Growth Of 12-13% vs Prior Forecast Of 5-7%"", ""ADP Reports Q2 Adj. EPS $0.99 vs $0.90 Est., Sales $3.2B vs $3.18B Est."", ""15 Stocks To Watch For January 31, 2018"", ""Earnings Scheduled For January 31, 2018"", ""Automatic Data Processing's (ADP) CEO Carlos Rodriguez on Q2 2018 Results - Earnings Call Transcript"", ""Markets Rebound Bigly on ADP, Q4, SOTU"", ""ADP +2.8% after Q4 beat, boosted profit guidance for 2018"", ""ADP Tops Q2 Earnings & Revenue Estimates, Raises '18 View"", ""Automatic Data Processing, Inc. 2018 Q2 - Results - Earnings Call Slides"", ""ADP Q2 Earnings & Revenues Top Estimates, Bookings Increased"", ""Automatic Data Processing beats by $0.09, beats on revenue"", ""ADP shares jump 3% after earnings top estimates, company raises outlook Shares of Automatic Data Processing Inc. jumped 3% Wednesday, after the payment processor and HR services company posted better-than-expected earnings for its fiscal second quarter and raised its guidance. ADP said it had net income of $467.5 million, or $1.05 a share, in the quarter, down from $510.9 million, or $1.13 a share, in the year-earlier period. Adjusted per-share earnings came to 99 cents, ahead of the FactSet consensus of 90 cents. Revenue rose to $3.235 billion from $2.987 billion, squeaking ahead of the FactSet consensus of $3.185 billion. The company said it now expects full fiscal-year revenue growth of 7% to 8%, up from a prior forecast of 6% to 8%. it expects full-year EPS growth of 12% to 13%, up from a prior forecast of down 1% to up 1%. Shares have gained 23% in the last 12 months, while the S&P 500 has gained 24%.""]" ADP,2018-02-01,110.594,110.594,107.546,108.621,"[""Investing Themes In A Volatile Market - Cramer's Mad Money (1/31/18)"", ""Stock Market News for Feb 1, 2018"", ""PepsiCo: Great Total Return And Income In A Defensive Business"", ""Stifel Nicolaus Maintains Hold on Automatic Data Processing, Raises Price Target to $133.00"", ""Stifel Nicolaus Maintains Hold on Automatic Data Processing, Raises Price Target to $133.00"", ""PepsiCo: Great Total Return And Income In A Defensive Business"", ""Stock Market News for Feb 1, 2018"", ""Investing Themes In A Volatile Market - Cramer's Mad Money (1/31/18)"", ""Stifel Nicolaus Maintains Hold on Automatic Data Processing, Raises Price Target to $133.00"", ""PepsiCo: Great Total Return And Income In A Defensive Business"", ""Stock Market News for Feb 1, 2018"", ""Investing Themes In A Volatile Market - Cramer's Mad Money (1/31/18)""]" ADP,2018-02-02,108.069,109.134,106.886,106.955,"[""Jobs Report Hits 200K, Unemployment 4.1%; Plus More Q4 Earnings"", ""Investors Skipping Over ADP Today Might Kick Themselves Later"", ""Investors Skipping Over ADP Today Might Kick Themselves Later"", ""Jobs Report Hits 200K, Unemployment 4.1%; Plus More Q4 Earnings"", ""Investors Skipping Over ADP Today Might Kick Themselves Later"", ""Jobs Report Hits 200K, Unemployment 4.1%; Plus More Q4 Earnings""]" ADP,2018-02-05,107.349,107.921,102.487,102.901,"[""3M: Great Total Return And Growing Income For This Dividend King"", ""Equity Versus Debt: A Showdown"", ""Bank Of The Ozarks Buys Automatic Data Processing Inc, Aflac Inc, AT&T Inc, Sells Invesco ..."", ""Bank Of The Ozarks Buys Automatic Data Processing Inc, Aflac Inc, AT&T Inc, Sells Invesco ..."", ""Equity Versus Debt: A Showdown"", ""3M: Great Total Return And Growing Income For This Dividend King"", ""Bank Of The Ozarks Buys Automatic Data Processing Inc, Aflac Inc, AT&T Inc, Sells Invesco ..."", ""Equity Versus Debt: A Showdown"", ""3M: Great Total Return And Growing Income For This Dividend King""]" ADP,2018-02-06,101.413,102.458,99.5287,101.906, ADP,2018-02-07,101.136,104.361,100.761,102.438, ADP,2018-02-08,102.26,102.26,97.5896,97.6607,"[""High Monthly Income In This Diversified, High Occupancy Rate, Retail REIT"", ""ADP: Not As Attractive As I Thought From A Dividend Perspective"", ""ADP: Not As Attractive As I Thought From A Dividend Perspective"", ""High Monthly Income In This Diversified, High Occupancy Rate, Retail REIT"", ""ADP: Not As Attractive As I Thought From A Dividend Perspective"", ""High Monthly Income In This Diversified, High Occupancy Rate, Retail REIT""]" ADP,2018-02-09,98.6606,101.393,97.0876,100.515,"[""Retirement: A Future-Proof Portfolio For Young Investors - Dividend Increases And Watchlist"", ""Retirement: A Future-Proof Portfolio For Young Investors - Dividend Increases And Watchlist"", ""Retirement: A Future-Proof Portfolio For Young Investors - Dividend Increases And Watchlist""]" ADP,2018-02-12,101.027,102.171,100.199,100.742,"[""Texas Instrument: Dividend Increased Over 500% In Past Ten Years"", ""Texas Instrument: Dividend Increased Over 500% In Past Ten Years"", ""Texas Instrument: Dividend Increased Over 500% In Past Ten Years""]" ADP,2018-02-13,100.11,101.166,99.5486,100.879,"[""5 Reasons Why KeyBanc Upgraded Paycom"", ""5 Reasons Why KeyBanc Upgraded Paycom"", ""5 Reasons Why KeyBanc Upgraded Paycom""]" ADP,2018-02-14,100.367,101.827,99.1045,101.679,"[""Interpublic (IPG) Beats Q4 Earnings on Modest Organic Growth"", ""Interpublic (IPG) Beats Q4 Earnings on Modest Organic Growth"", ""Interpublic (IPG) Beats Q4 Earnings on Modest Organic Growth""]" ADP,2018-02-15,102.369,104.312,101.707,104.194,"[""Tracking Bill Ackman's Pershing Square Portfolio - Q4 2017 Update"", ""Omnicom (OMC) Slightly Beats Q4 Earnings, Slips on Revenues"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q4 2017 Update"", ""Omnicom (OMC) Slightly Beats Q4 Earnings, Slips on Revenues"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q4 2017 Update"", ""Omnicom (OMC) Slightly Beats Q4 Earnings, Slips on Revenues""]" ADP,2018-02-16,104.184,105.298,103.937,104.775,"[""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $7. ..."", ""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $7. ..."", ""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $7. ...""]" ADP,2018-02-20,104.105,105.229,104.105,104.105, ADP,2018-02-21,104.134,106.599,104.134,104.716,"[""VantagePoint: ADP's Uptrend Has Legs"", ""VantagePoint: ADP's Uptrend Has Legs"", ""VantagePoint: ADP's Uptrend Has Legs""]" ADP,2018-02-22,105.002,105.811,103.828,104.124,"[""Conduent (CNDT) Jumps: Stock Rises 11.7%"", ""Conduent (CNDT) Jumps: Stock Rises 11.7%"", ""Conduent (CNDT) Jumps: Stock Rises 11.7%""]" ADP,2018-02-23,104.864,106.275,104.262,106.136,"[""Intuit (INTU) Beats Earnings and Revenue Estimates in Q2"", ""Intuit (INTU) Beats Earnings and Revenue Estimates in Q2"", ""Intuit (INTU) Beats Earnings and Revenue Estimates in Q2""]" ADP,2018-02-26,106.323,107.27,106.096,106.353,"[""Tracking Al Gore's Generation Investment Management Portfolio - Q4 2017 Update"", ""Stocks Generating Improved Relative Strength: Automatic Data Processng"", ""Digital Realty Trust: Total Return And Income Play In A Growing REIT Business Sector"", ""Tracking Al Gore's Generation Investment Management Portfolio - Q4 2017 Update"", ""Stocks Generating Improved Relative Strength: Automatic Data Processng"", ""Digital Realty Trust: Total Return And Income Play In A Growing REIT Business Sector"", ""Tracking Al Gore's Generation Investment Management Portfolio - Q4 2017 Update"", ""Stocks Generating Improved Relative Strength: Automatic Data Processng"", ""Digital Realty Trust: Total Return And Income Play In A Growing REIT Business Sector""]" ADP,2018-02-27,106.392,107.527,105.051,105.061,"[""Spruce Point Capital Tweets Report On Ultimate Software, Includes ADP, Paychex, Ceridian, Paycom, Paylocity As Competitors"", ""Spruce Point Capital Tweets Report On Ultimate Software, Includes ADP, Paychex, Ceridian, Paycom, Paylocity As Competitors"", ""Spruce Point Capital Tweets Report On Ultimate Software, Includes ADP, Paychex, Ceridian, Paycom, Paylocity As Competitors""]" ADP,2018-02-28,105.594,105.87,104.025,104.035, ADP,2018-03-01,104.045,104.598,101.737,102.655,"[""The Next Ones Beat The Index By Almost 3% In 2017"", ""Upcoming Dividends: 84 Companies, 42 Increases, 21 Double-Digit Increases"", ""Upcoming Dividends: 84 Companies, 42 Increases, 21 Double-Digit Increases"", ""The Next Ones Beat The Index By Almost 3% In 2017"", ""Upcoming Dividends: 84 Companies, 42 Increases, 21 Double-Digit Increases"", ""The Next Ones Beat The Index By Almost 3% In 2017""]" ADP,2018-03-02,102.073,102.763,101.206,102.477,"[""The Good Business Portfolio: 2017 4th Quarter Earnings And Performance Review"", ""The Good Business Portfolio: 2017 4th Quarter Earnings And Performance Review"", ""The Good Business Portfolio: 2017 4th Quarter Earnings And Performance Review""]" ADP,2018-03-05,101.707,104.716,101.679,104.341,"[""What Are The Highest Quality Dividend-Growth Stocks?"", ""RIT Capital Partners Annual Report 2017"", ""What Are The Highest Quality Dividend-Growth Stocks?"", ""RIT Capital Partners Annual Report 2017"", ""What Are The Highest Quality Dividend-Growth Stocks?"", ""RIT Capital Partners Annual Report 2017""]" ADP,2018-03-06,104.292,104.637,103.04,104.105, ADP,2018-03-07,103.591,104.095,102.586,103.927,"[""Private-Sector Added 235K Per ADP"", ""ADP Outperforms Again: 235K New Jobs"", ""Private-Sector Added 235K Per ADP"", ""ADP Outperforms Again: 235K New Jobs"", ""Private-Sector Added 235K Per ADP"", ""ADP Outperforms Again: 235K New Jobs""]" ADP,2018-03-08,104.331,106.146,104.045,106.096,"[""On Jobless Claims, Beige Book and Tariffs"", ""A Tale Of Import Tariffs & Economic Data"", ""Intuit (INTU) Unveils Accountant Apps Program on QuickBooks"", ""Intuit (INTU) Unveils Accountant Apps Program on QuickBooks"", ""A Tale Of Import Tariffs & Economic Data"", ""On Jobless Claims, Beige Book and Tariffs"", ""Intuit (INTU) Unveils Accountant Apps Program on QuickBooks"", ""A Tale Of Import Tariffs & Economic Data"", ""On Jobless Claims, Beige Book and Tariffs""]" ADP,2018-03-09,106.748,107.832,106.313,107.803, ADP,2018-03-12,107.773,108.099,106.501,106.59,"[""Back Testing David Van Knapp's High Quality Dividend Growth Criteria"", ""Back Testing David Van Knapp's High Quality Dividend Growth Criteria"", ""Back Testing David Van Knapp's High Quality Dividend Growth Criteria""]" ADP,2018-03-13,107.359,107.684,106.166,106.472,"[""Filing: Ackman sold about 5M ADP shares and options after defeat"", ""13D/A Filing Shows Pershing Square Reporting 7.2% Stake In ADP"", ""UPDATE: Pershing Square Filing On ADP Includes Disclosure Of Sale Of ~1.24M Shares Of Common Stock (via Table), But Shows Raised Number Of Common Shares via '~23.9M shares underlying listed and over-the-counter American-style call options'"", ""UPDATE: Pershing Square's Latest Amended 13D Filing On ADP Showed Stake Cut By ~5M Shares, Comprised Of ~858K Shares Of Common Stock, ~4.14M Shares Through Call Options"", ""UPDATE: Pershing Square's Latest Amended 13D Filing On ADP Showed Stake Cut By ~5M Shares, Comprised Of ~858K Shares Of Common Stock, ~4.14M Shares Through Call Options"", ""UPDATE: Pershing Square Filing On ADP Includes Disclosure Of Sale Of ~1.24M Shares Of Common Stock (via Table), But Shows Raised Number Of Common Shares via '~23.9M shares underlying listed and over-the-counter American-style call options'"", ""13D/A Filing Shows Pershing Square Reporting 7.2% Stake In ADP"", ""Filing: Ackman sold about 5M ADP shares and options after defeat"", ""UPDATE: Pershing Square's Latest Amended 13D Filing On ADP Showed Stake Cut By ~5M Shares, Comprised Of ~858K Shares Of Common Stock, ~4.14M Shares Through Call Options"", ""UPDATE: Pershing Square Filing On ADP Includes Disclosure Of Sale Of ~1.24M Shares Of Common Stock (via Table), But Shows Raised Number Of Common Shares via '~23.9M shares underlying listed and over-the-counter American-style call options'"", ""13D/A Filing Shows Pershing Square Reporting 7.2% Stake In ADP"", ""Filing: Ackman sold about 5M ADP shares and options after defeat""]" ADP,2018-03-14,106.669,107.004,104.736,105.328, ADP,2018-03-15,104.045,107.113,104.045,105.672, ADP,2018-03-16,106.185,106.886,105.84,106.265, ADP,2018-03-19,105.328,106.048,102.99,103.868, ADP,2018-03-20,104.302,105.268,104.035,104.795, ADP,2018-03-21,104.785,106.313,104.499,105.555,"Google is no longer the top company in this ranking of best places to work LinkedIn released its annual survey of top 50 companies to work for in the U.S., and Google cedes top spot to Amazon LinkedIn’s annual list of the Top 50 Companies to Work in America has been updated for 2018, and Google is no longer No. 1." ADP,2018-03-22,104.411,104.913,102.566,102.625,"[""Is a Beat in the Cards for Paychex (PAYX) in Q3 Earnings?"", ""Is a Beat in the Cards for Paychex (PAYX) in Q3 Earnings?"", ""Is a Beat in the Cards for Paychex (PAYX) in Q3 Earnings?""]" ADP,2018-03-23,102.911,103.818,98.996,99.0551, ADP,2018-03-26,100.633,103.75,100.633,103.464,"[""Paychex (PAYX) Beats Q3 Earnings Estimates, Updates '18 View"", ""Paychex (PAYX) Beats Q3 Earnings Estimates, Updates '18 View"", ""Paychex (PAYX) Beats Q3 Earnings Estimates, Updates '18 View""]" ADP,2018-03-27,103.798,104.538,101.283,101.837,"[""Pershing Square (Bill Ackman) 2017 Annual Report"", ""Pershing Square (Bill Ackman) 2017 Annual Report"", ""Pershing Square (Bill Ackman) 2017 Annual Report""]" ADP,2018-03-28,102.171,102.684,100.959,101.383,"[""Omnicom to Acquire Elsevier's Pharma Communications in Japan"", ""Omnicom to Acquire Elsevier's Pharma Communications in Japan"", ""Omnicom to Acquire Elsevier's Pharma Communications in Japan""]" ADP,2018-03-29,101.49,104.005,100.899,102.931, ADP,2018-04-02,104.548,104.952,101.393,102.763,"[""Dividend Growth 50: Not Perfect, But Yet Another 8% Raise"", ""RBC Capital Upgrades Automatic Data Processing to Outperform, Raises Price Target to $130.00"", ""Benzinga's Top Upgrades, Downgrades For April 2, 2018"", ""5 Biggest Price Target Changes For Monday"", ""5 Biggest Price Target Changes For Monday"", ""Benzinga's Top Upgrades, Downgrades For April 2, 2018"", ""RBC Capital Upgrades Automatic Data Processing to Outperform, Raises Price Target to $130.00"", ""Dividend Growth 50: Not Perfect, But Yet Another 8% Raise"", ""5 Biggest Price Target Changes For Monday"", ""Benzinga's Top Upgrades, Downgrades For April 2, 2018"", ""RBC Capital Upgrades Automatic Data Processing to Outperform, Raises Price Target to $130.00"", ""Dividend Growth 50: Not Perfect, But Yet Another 8% Raise""]" ADP,2018-04-03,103.394,103.888,102.211,103.444, ADP,2018-04-04,102.458,106.176,102.113,105.879,"[""U.S.-China Trade Fears Ail Markets"", ""Stifel Nicolaus Maintains Hold on Automatic Data Processing, Lowers Price Target to $126.00"", ""5 Biggest Price Target Changes For Wednesday"", ""5 Biggest Price Target Changes For Wednesday"", ""Stifel Nicolaus Maintains Hold on Automatic Data Processing, Lowers Price Target to $126.00"", ""U.S.-China Trade Fears Ail Markets"", ""5 Biggest Price Target Changes For Wednesday"", ""Stifel Nicolaus Maintains Hold on Automatic Data Processing, Lowers Price Target to $126.00"", ""U.S.-China Trade Fears Ail Markets"", ""Dow tumbles 350 points as stock market gets rattled by renewed trade-clash jitters U.S. stock benchmarks traded lower Wednesday morning, but off its worst levels, driven by concerns over the prospect of a trade war between China and the U.S., after Beijing announced a plan to impose duties of up to 25% on 106 U.S. products. The Dow Jones Industrial Average fell 500 points at the open, but was most recently down 350 points, or 1.5%, at 23,671, with shares of Boeing Co. carving about 90 points from the price-weighted blue-chip index. Meanwhile, the S&P 500 index was down 1.1% at 2,585. The Nasdaq Composite Index fell 1.2% at 6,855, threatening to breach its own 200-day moving average and fall into correction territory, defined as a drop of at least 10% from a recent peak. In economic data, a report from Automatic Data Processing Inc. on private-sector employment showed 241,000 jobs added in March, far more than had been expected. The data come ahead of Friday's closely watched government data on nonfarm payrolls. Later Wednesday, the market is awaiting minutes from the Federal Reserve's recent policy gathering. In corporate news, Spotify Technology SA will be in focus a day after its unusual debut as a publicly traded company, while technology companies Facebook Inc. and Amazon.com Inc. have been facing the lion's share of selling pressure as investors fret about valuations in the sector that had helped power the broader market to repeat gains. Facebook and Amazon also have been the subject of negative news, with the social network contending with its handling of user data and Amazon dealing with tweets from President Donald Trump.""]" ADP,2018-04-05,106.708,107.674,106.057,106.57,"[""Investors bail on Ackman"", ""Walt Disney: Future Upside Potential Looks Strong"", ""Futures Up Despite Trade War Fears"", ""Ceridian HCM Files For U.S. IPO"", ""Going Long Trade Wars With Value, Part 1: Berkshire Hathaway"", ""Going Long Trade Wars With Value, Part 1: Berkshire Hathaway"", ""Ceridian HCM Files For U.S. IPO"", ""Futures Up Despite Trade War Fears"", ""Walt Disney: Future Upside Potential Looks Strong"", ""Investors bail on Ackman"", ""Going Long Trade Wars With Value, Part 1: Berkshire Hathaway"", ""Ceridian HCM Files For U.S. IPO"", ""Futures Up Despite Trade War Fears"", ""Walt Disney: Future Upside Potential Looks Strong"", ""Investors bail on Ackman""]" ADP,2018-04-06,105.603,106.018,102.813,103.128,"[""Valuation Dashboard: Technology And Telecom - Update"", ""Valuation Dashboard: Technology And Telecom - Update"", ""Valuation Dashboard: Technology And Telecom - Update""]" ADP,2018-04-09,103.878,105.475,103.384,103.828, ADP,2018-04-10,105.199,105.949,104.538,105.14,"[""Negativity Is Not Good For Stocks - Cramer's Mad Money (4/9/18)"", ""Negativity Is Not Good For Stocks - Cramer's Mad Money (4/9/18)"", ""Negativity Is Not Good For Stocks - Cramer's Mad Money (4/9/18)""]" ADP,2018-04-11,104.815,105.169,103.75,104.815,"[""Automatic Data Processing declares $0.69 dividend"", ""ADP Raises Qtr. Dividend From $0.63 to $0.69/Share"", ""ADP Raises Qtr. Dividend From $0.63 to $0.69/Share"", ""Automatic Data Processing declares $0.69 dividend"", ""ADP Raises Qtr. Dividend From $0.63 to $0.69/Share"", ""Automatic Data Processing declares $0.69 dividend"", ""Automatic Data Processing boosts dividend by 9.5% Automatic Data Processing Inc. said Wednesday it was raising its quarterly dividend by 9.5% to 69 cents a share from 63 cents a share. The new dividend will be payable July 1 to shareholders of record on June 8. The stock slipped 0.2% in afternoon trade. At current prices, the new annual dividend rate implies a dividend yield of 2.39%, compared with the implied dividend of the S&P 500 of 1.96%. The employer services company said it expects to consider another dividend increase in November. The stock has lost 1.3% year to date, while the S&P 500 has slipped 1.1%.""]" ADP,2018-04-12,105.268,105.87,104.479,104.548,"[""Top Analyst Reports for IBM, Enbridge & ADP"", ""Paycom Downgraded As Results Don't Keep Pace With Stock Gains"", ""The Dividend Champions Are Not 'Fair To Cheap'"", ""ADP Pleases Investors With 10% Dividend Hike, Tax Cut A Boon"", ""Ceridian HCM Proposes Terms For U.S. IPO"", ""Paycom Downgraded As Results Don't Keep Pace With Stock Gains"", ""Top Analyst Reports for IBM, Enbridge & ADP"", ""The Dividend Champions Are Not 'Fair To Cheap'"", ""Ceridian HCM Proposes Terms For U.S. IPO"", ""ADP Pleases Investors With 10% Dividend Hike, Tax Cut A Boon"", ""Paycom Downgraded As Results Don't Keep Pace With Stock Gains"", ""Top Analyst Reports for IBM, Enbridge & ADP"", ""The Dividend Champions Are Not 'Fair To Cheap'"", ""Ceridian HCM Proposes Terms For U.S. IPO"", ""ADP Pleases Investors With 10% Dividend Hike, Tax Cut A Boon""]" ADP,2018-04-13,105.179,105.416,103.868,104.558,"[""The Zacks Analyst Blog Highlights: IBM, Enbridge, ADP, Marathon and United Continental"", ""The Dividend Diet: A Guide To Investing On Easy Street"", ""The Dividend Diet: A Guide To Investing On Easy Street"", ""The Zacks Analyst Blog Highlights: IBM, Enbridge, ADP, Marathon and United Continental"", ""The Dividend Diet: A Guide To Investing On Easy Street"", ""The Zacks Analyst Blog Highlights: IBM, Enbridge, ADP, Marathon and United Continental""]" ADP,2018-04-16,105.633,106.57,105.032,106.048,"[""Paychex Vs. ADP? A Difficult Question"", ""Paychex Vs. ADP? A Difficult Question"", ""Paychex Vs. ADP? A Difficult Question""]" ADP,2018-04-17,107.369,107.931,106.422,106.925,"[""4 Dividend Growth Stocks Rewarding Shareholders With A Raise"", ""ADP: Well Equipped For The Digital Future"", ""ADP Vs. Paychex: Bank Of America Picks A Winner"", ""ADP Vs. Paychex: Bank Of America Picks A Winner"", ""ADP: Well Equipped For The Digital Future"", ""4 Dividend Growth Stocks Rewarding Shareholders With A Raise"", ""ADP Vs. Paychex: Bank Of America Picks A Winner"", ""ADP: Well Equipped For The Digital Future"", ""4 Dividend Growth Stocks Rewarding Shareholders With A Raise""]" ADP,2018-04-18,107.053,108.453,106.659,107.606, ADP,2018-04-19,107.399,107.96,106.255,106.797,"[""6 Reasons Why FTI Consulting (FCN) is an Attractive Pick"", ""6 Reasons Why FTI Consulting (FCN) is an Attractive Pick"", ""6 Reasons Why FTI Consulting (FCN) is an Attractive Pick""]" ADP,2018-04-20,106.56,107.142,105.199,105.988, ADP,2018-04-23,106.353,106.806,106.086,106.225, ADP,2018-04-24,107.083,107.674,104.696,105.525,"[""Dividend Stock Analysis - Automatic Data Processing, Inc."", ""Automatic Data Processing: Activist To Improve Company"", ""Automatic Data Processing: Activist To Improve Company"", ""Dividend Stock Analysis - Automatic Data Processing, Inc."", ""Automatic Data Processing: Activist To Improve Company"", ""Dividend Stock Analysis - Automatic Data Processing, Inc.""]" ADP,2018-04-25,105.555,105.969,104.588,105.86, ADP,2018-04-26,106.116,107.684,105.692,107.665,"[""Ceridian +30% in first day of trading"", ""Ceridian +30% in first day of trading"", ""Ceridian +30% in first day of trading""]" ADP,2018-04-27,107.447,108.947,107.27,108.74,"[""Interpublic (IPG) Misses Q1 Earnings & Revenue Estimates"", ""Interpublic (IPG) Misses Q1 Earnings & Revenue Estimates"", ""Interpublic (IPG) Misses Q1 Earnings & Revenue Estimates""]" ADP,2018-04-30,108.858,108.987,107.093,107.113,"[""Digital Realty Trust: Fantastic Total Return In A Growing REIT Business Sector"", ""Digital Realty Trust: Fantastic Total Return In A Growing REIT Business Sector"", ""Digital Realty Trust: Fantastic Total Return In A Growing REIT Business Sector""]" ADP,2018-05-01,102.181,108.069,102.113,107.773,"[""Expected Dividend Increases In May 2018"", ""Notable earnings before Wednesday's open"", ""At Least 2 10%+ Dividend Increases Among 13 Announcements Expected In May"", ""First Data (FDC) Beats on Q1 Earnings, Raises 2018 Guidance"", ""Business Services Earnings Slated on May 2: ADP, RSG & More"", ""ADP Job Data, Q1 Earnings In Focus"", ""Jobs Week Shows New Wage Growth (and Lack Thereof)"", ""Chaikin: Don't Worry, We're In A Normal Market"", ""Chaikin: Don't Worry, We're In A Normal Market"", ""At Least 2 10%+ Dividend Increases Among 13 Announcements Expected In May"", ""Notable earnings before Wednesday's open"", ""First Data (FDC) Beats on Q1 Earnings, Raises 2018 Guidance"", ""Business Services Earnings Slated on May 2: ADP, RSG & More"", ""ADP Job Data, Q1 Earnings In Focus"", ""Jobs Week Shows New Wage Growth (and Lack Thereof)"", ""Expected Dividend Increases In May 2018"", ""Chaikin: Don't Worry, We're In A Normal Market"", ""At Least 2 10%+ Dividend Increases Among 13 Announcements Expected In May"", ""Notable earnings before Wednesday's open"", ""First Data (FDC) Beats on Q1 Earnings, Raises 2018 Guidance"", ""Business Services Earnings Slated on May 2: ADP, RSG & More"", ""ADP Job Data, Q1 Earnings In Focus"", ""Jobs Week Shows New Wage Growth (and Lack Thereof)"", ""Expected Dividend Increases In May 2018""]" ADP,2018-05-02,111.58,112.478,109.124,110.731,"[""ADP Jobs Hit 204K, Solid Goods Production"", ""ADP Q3 Earnings & Revenues Top Estimates, Bookings Increased"", ""Automatic Data Processing beats by $0.09, beats on revenue"", ""ADP +3.2% on Q3 beat, raised full-year profit expectations"", ""Texas Instruments: Great Total Return With Increasing Earnings In A Growing Business Sector"", ""Automatic Data Processing (ADP) Q3 2018 Results - Earnings Call Transcript"", ""Stock Market Mixed as Apple Earnings, Fed Meeting In Focus; Shutterfly Gaps Up"", ""Automatic Data Processing, Inc. 2018 Q3 - Results - Earnings Call Slides"", ""16 Stocks To Watch For May 2, 2018"", ""Earnings Scheduled For May 2, 2018"", ""Automatic Data Q3 EPS $1.52 Beats $1.44 Estimate, Sales $3.693B Beat $3.67B Estimate"", ""ADP Sees FY18 Sales Growth 7-8%, Adj. EPS Growth 16-17%"", ""ADP Sees FY18 Sales Growth 7-8%, Adj. EPS Growth 16-17%"", ""Automatic Data Q3 EPS $1.52 Beats $1.44 Estimate, Sales $3.693B Beat $3.67B Estimate"", ""Earnings Scheduled For May 2, 2018"", ""16 Stocks To Watch For May 2, 2018"", ""Texas Instruments: Great Total Return With Increasing Earnings In A Growing Business Sector"", ""Automatic Data Processing (ADP) Q3 2018 Results - Earnings Call Transcript"", ""Stock Market Mixed as Apple Earnings, Fed Meeting In Focus; Shutterfly Gaps Up"", ""ADP +3.2% on Q3 beat, raised full-year profit expectations"", ""Automatic Data Processing, Inc. 2018 Q3 - Results - Earnings Call Slides"", ""ADP Jobs Hit 204K, Solid Goods Production"", ""ADP Q3 Earnings & Revenues Top Estimates, Bookings Increased"", ""Automatic Data Processing beats by $0.09, beats on revenue"", ""ADP Sees FY18 Sales Growth 7-8%, Adj. EPS Growth 16-17%"", ""Automatic Data Q3 EPS $1.52 Beats $1.44 Estimate, Sales $3.693B Beat $3.67B Estimate"", ""Earnings Scheduled For May 2, 2018"", ""16 Stocks To Watch For May 2, 2018"", ""Texas Instruments: Great Total Return With Increasing Earnings In A Growing Business Sector"", ""Automatic Data Processing (ADP) Q3 2018 Results - Earnings Call Transcript"", ""Stock Market Mixed as Apple Earnings, Fed Meeting In Focus; Shutterfly Gaps Up"", ""ADP +3.2% on Q3 beat, raised full-year profit expectations"", ""Automatic Data Processing, Inc. 2018 Q3 - Results - Earnings Call Slides"", ""ADP Jobs Hit 204K, Solid Goods Production"", ""ADP Q3 Earnings & Revenues Top Estimates, Bookings Increased"", ""Automatic Data Processing beats by $0.09, beats on revenue""]" ADP,2018-05-03,110.367,112.113,109.381,111.669,"[""Stock Market News For May 3, 2018"", ""Initial Cliams, Productivity And More"", ""Stock Upgrades: Automatic Data Processng Shows Rising Relative Strength"", ""On Jobless Claims, Productivity and Friday???s BLS Report"", ""BMO Capital Maintains Market Perform on Automatic Data Processing, Raises Price Target to $126.00"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $122.00"", ""8 Biggest Price Target Changes For Thursday"", ""8 Biggest Price Target Changes For Thursday"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $122.00"", ""BMO Capital Maintains Market Perform on Automatic Data Processing, Raises Price Target to $126.00"", ""Stock Upgrades: Automatic Data Processng Shows Rising Relative Strength"", ""Initial Cliams, Productivity And More"", ""Stock Market News For May 3, 2018"", ""On Jobless Claims, Productivity and Friday???s BLS Report"", ""8 Biggest Price Target Changes For Thursday"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $122.00"", ""BMO Capital Maintains Market Perform on Automatic Data Processing, Raises Price Target to $126.00"", ""Stock Upgrades: Automatic Data Processng Shows Rising Relative Strength"", ""Initial Cliams, Productivity And More"", ""Stock Market News For May 3, 2018"", ""On Jobless Claims, Productivity and Friday???s BLS Report""]" ADP,2018-05-04,111.117,114.223,110.644,113.72,"[""Automatic Data Processing: Great Total Return With Earnings Increasing As Interest Rates Rise"", ""Automatic Data Processing: Great Total Return With Earnings Increasing As Interest Rates Rise"", ""Automatic Data Processing: Great Total Return With Earnings Increasing As Interest Rates Rise""]" ADP,2018-05-07,113.71,114.154,113.286,113.907, ADP,2018-05-08,113.927,114.312,113.256,114.085,"[""Tallgrass Energy Partners: High Yield Of 9.4% For Income But Volatile"", ""Tallgrass Energy Partners: High Yield Of 9.4% For Income But Volatile"", ""Tallgrass Energy Partners: High Yield Of 9.4% For Income But Volatile""]" ADP,2018-05-09,114.361,116.008,114.164,115.25, ADP,2018-05-10,115.644,115.821,115.003,115.554, ADP,2018-05-11,115.712,115.998,114.835,115.514,"[""6 Reasons Why You Should Invest in Broadridge (BR) Stock"", ""Omega Healthcare Investors: The Worm Has Turned"", ""Omega Healthcare Investors: The Worm Has Turned"", ""6 Reasons Why You Should Invest in Broadridge (BR) Stock"", ""Omega Healthcare Investors: The Worm Has Turned"", ""6 Reasons Why You Should Invest in Broadridge (BR) Stock""]" ADP,2018-05-14,115.702,115.841,114.489,114.903,"[""Why You Should Hold Genpact (G) Stock Right Now"", ""Xerox Ends Merger with Fuji Xerox, Inks Deal with Investors"", ""Top Stock Reports for Mastercard, NVIDIA & Danaher"", ""Xerox Ends Merger with Fuji Xerox, Inks Deal with Investors"", ""Why You Should Hold Genpact (G) Stock Right Now"", ""Top Stock Reports for Mastercard, NVIDIA & Danaher"", ""Xerox Ends Merger with Fuji Xerox, Inks Deal with Investors"", ""Why You Should Hold Genpact (G) Stock Right Now"", ""Top Stock Reports for Mastercard, NVIDIA & Danaher""]" ADP,2018-05-15,114.252,117.478,113.651,115.277,"[""Pershing Square added United Technologies, exited Nike in Q1"", ""WSJ Reports D.E. Shaw, Sachem Head Build Stakes in ADP"", ""WSJ Reports D.E. Shaw, Sachem Head Build Stakes in ADP"", ""Pershing Square added United Technologies, exited Nike in Q1"", ""WSJ Reports D.E. Shaw, Sachem Head Build Stakes in ADP"", ""Pershing Square added United Technologies, exited Nike in Q1""]" ADP,2018-05-16,115.397,116.63,115.17,116.106,"[""Tracking Bill Ackman's Pershing Square Portfolio - Q1 2018 Update"", ""Northrop Grumman: Buy This Growing Military Company For Total Return"", ""Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio"", ""Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio"", ""Northrop Grumman: Buy This Growing Military Company For Total Return"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q1 2018 Update"", ""Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio"", ""Northrop Grumman: Buy This Growing Military Company For Total Return"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q1 2018 Update""]" ADP,2018-05-17,115.988,117.074,115.22,116.078,"[""Interpublic's Unit Buys Cappuccino, Boosts Digital Content"", ""Why Should You Retain Omnicom (OMC) Stock in Your Portfolio?"", ""TRU or DNB: Which Stock is More Attractive Post Q1 Earnings?"", ""Bill Ackman Comments on Automatic Data Processing"", ""Interpublic's Unit Buys Cappuccino, Boosts Digital Content"", ""Bill Ackman Comments on Automatic Data Processing"", ""Why Should You Retain Omnicom (OMC) Stock in Your Portfolio?"", ""TRU or DNB: Which Stock is More Attractive Post Q1 Earnings?"", ""Interpublic's Unit Buys Cappuccino, Boosts Digital Content"", ""Bill Ackman Comments on Automatic Data Processing"", ""Why Should You Retain Omnicom (OMC) Stock in Your Portfolio?"", ""TRU or DNB: Which Stock is More Attractive Post Q1 Earnings?""]" ADP,2018-05-18,116.343,117.241,115.801,116.944,"[""Is First Trust Rising Dividend Achievers ETF (RDVY) a Hot ETF Right Now?"", ""Here's Why You Should Hold On to Paylocity (PCTY) Stock"", ""Here's Why You Should Hold On to Paylocity (PCTY) Stock"", ""Is First Trust Rising Dividend Achievers ETF (RDVY) a Hot ETF Right Now?"", ""Here's Why You Should Hold On to Paylocity (PCTY) Stock"", ""Is First Trust Rising Dividend Achievers ETF (RDVY) a Hot ETF Right Now?""]" ADP,2018-05-21,117.201,117.645,116.65,116.886,"[""Pershing Square (Bill Ackman) Q1 2018 Investor Letter"", ""TransUnion (TRU) to Acquire HPS, Boost Healthcare Suite"", ""The Next Generation Dividend Growth Portfolio Q1 Update - Bring On The Dividends"", ""Stocks That Made New 52-Week Highs Today Include: Moody's, Macy's, Zions Bancorp, T. Rowe Price, VeriSign, ADP, Boston Scientific, Expeditors International"", ""Stocks That Made New 52-Week Highs Today Include: Moody's, Macy's, Zions Bancorp, T. Rowe Price, VeriSign, ADP, Boston Scientific, Expeditors International"", ""The Next Generation Dividend Growth Portfolio Q1 Update - Bring On The Dividends"", ""TransUnion (TRU) to Acquire HPS, Boost Healthcare Suite"", ""Pershing Square (Bill Ackman) Q1 2018 Investor Letter"", ""Stocks That Made New 52-Week Highs Today Include: Moody's, Macy's, Zions Bancorp, T. Rowe Price, VeriSign, ADP, Boston Scientific, Expeditors International"", ""The Next Generation Dividend Growth Portfolio Q1 Update - Bring On The Dividends"", ""TransUnion (TRU) to Acquire HPS, Boost Healthcare Suite"", ""Pershing Square (Bill Ackman) Q1 2018 Investor Letter"", ""These \u2018Dividend Aristocrat\u2019 stocks have risen as much as 31% this year, bucking a bad trend Popular consumer companies have underperformed, but a group including W.W. Grainger, T. Rowe Price and AbbVie are easily beating the S&P 500 Popular consumer companies have underperformed, but a group including W.W. Grainger, T. Rowe Price and AbbVie are easily beating the S&P 500.""]" ADP,2018-05-22,117.014,117.448,116.048,116.462, ADP,2018-05-23,115.554,117.378,115.347,117.33,"[""TransUnion to Buy iovation, Boost Fraud Identity Services"", ""TransUnion to Buy iovation, Boost Fraud Identity Services"", ""TransUnion to Buy iovation, Boost Fraud Identity Services""]" ADP,2018-05-24,117.271,118.326,116.51,118.168,"[""Equifax Reels Under Cyber-Attack Effects, Buyouts a Positive"", ""Avis Budget Banks on Partnerships & Technology Enhancements"", ""Avis Budget Banks on Partnerships & Technology Enhancements"", ""Equifax Reels Under Cyber-Attack Effects, Buyouts a Positive"", ""Avis Budget Banks on Partnerships & Technology Enhancements"", ""Equifax Reels Under Cyber-Attack Effects, Buyouts a Positive""]" ADP,2018-05-25,118.168,118.858,117.665,118.513, ADP,2018-05-29,117.645,118.247,116.727,117.832,"[""5 Reasons to Bet on Automatic Data Processing (ADP) Stock"", ""Italy Election Outcome A Concern For EU"", ""5 Reasons to Bet on Automatic Data Processing (ADP) Stock"", ""Italy Election Outcome A Concern For EU"", ""5 Reasons to Bet on Automatic Data Processing (ADP) Stock"", ""Italy Election Outcome A Concern For EU""]" ADP,2018-05-30,118.444,119.776,118.158,118.503,"[""3M: Buy The Dip"", ""Econ Alphabet Soup: GDP, ADP and EU"", ""Italexit Scenario And GDP Data In Focus"", ""Stocks That Made New 52-Week Highs Today Include: Host Hotels & Resorts, ONEOK, Expeditors International, Microsoft, ADP, Intuit, and CSX"", ""Stocks That Made New 52-Week Highs Today Include: Host Hotels & Resorts, ONEOK, Expeditors International, Microsoft, ADP, Intuit, and CSX"", ""Italexit Scenario And GDP Data In Focus"", ""Econ Alphabet Soup: GDP, ADP and EU"", ""3M: Buy The Dip"", ""Stocks That Made New 52-Week Highs Today Include: Host Hotels & Resorts, ONEOK, Expeditors International, Microsoft, ADP, Intuit, and CSX"", ""Italexit Scenario And GDP Data In Focus"", ""Econ Alphabet Soup: GDP, ADP and EU"", ""3M: Buy The Dip""]" ADP,2018-05-31,118.76,119.193,117.695,117.922,"[""13 Upcoming Dividend Increases"", ""Jobless Claims, PCE \""Steady As She Goes\"""", ""Goldman raises ADP target on margin expansion opportunity"", ""Avis Budget Expands Tie-Up With Universal Parks and Resorts"", ""Initial Claims Fall, PCE Remained Steady"", ""Initial Claims Fall, PCE Remained Steady"", ""Avis Budget Expands Tie-Up With Universal Parks and Resorts"", ""Goldman raises ADP target on margin expansion opportunity"", ""Jobless Claims, PCE \""Steady As She Goes\"""", ""13 Upcoming Dividend Increases"", ""Initial Claims Fall, PCE Remained Steady"", ""Avis Budget Expands Tie-Up With Universal Parks and Resorts"", ""Goldman raises ADP target on margin expansion opportunity"", ""Jobless Claims, PCE \""Steady As She Goes\"""", ""13 Upcoming Dividend Increases""]" ADP,2018-06-01,118.493,120.466,118.493,120.407,"[""Why Is Automatic Data Processing (ADP) Up 7% Since Its Last Earnings Report?"", ""Looking Forward to Jobs Numbers? 223K Reasons"", ""Looking Forward to Jobs Numbers? 223K Reasons"", ""Why Is Automatic Data Processing (ADP) Up 7% Since Its Last Earnings Report?"", ""Looking Forward to Jobs Numbers? 223K Reasons"", ""Why Is Automatic Data Processing (ADP) Up 7% Since Its Last Earnings Report?""]" ADP,2018-06-04,120.84,122.379,120.692,121.767,"[""5 Reasons to Bet on FactSet Research Systems (FDS) Stock"", ""FactSet Opens Shanghai Office, Boosts Asia Pacific Presence"", ""FedEx: Total Return Buy As The Economy Grows"", ""FedEx: Total Return Buy As The Economy Grows"", ""FactSet Opens Shanghai Office, Boosts Asia Pacific Presence"", ""5 Reasons to Bet on FactSet Research Systems (FDS) Stock"", ""FedEx: Total Return Buy As The Economy Grows"", ""FactSet Opens Shanghai Office, Boosts Asia Pacific Presence"", ""5 Reasons to Bet on FactSet Research Systems (FDS) Stock""]" ADP,2018-06-05,121.767,122.616,121.462,121.61,"[""Xerox Banks on Strategic Transformation Program & Buyouts"", ""Xerox Banks on Strategic Transformation Program & Buyouts"", ""Xerox Banks on Strategic Transformation Program & Buyouts""]" ADP,2018-06-06,121.935,123.651,121.62,123.454,"[""Stifel Nicolaus Maintains Hold on Automatic Data Processing, Raises Price Target to $148"", ""8 Biggest Price Target Changes For Wednesday"", ""8 Biggest Price Target Changes For Wednesday"", ""Stifel Nicolaus Maintains Hold on Automatic Data Processing, Raises Price Target to $148"", ""8 Biggest Price Target Changes For Wednesday"", ""Stifel Nicolaus Maintains Hold on Automatic Data Processing, Raises Price Target to $148""]" ADP,2018-06-07,123.375,123.691,121.857,122.704,"[""Buy Johnson & Johnson For Dividend Growth And 40% Upside"", ""Buy Johnson & Johnson For Dividend Growth And 40% Upside"", ""Buy Johnson & Johnson For Dividend Growth And 40% Upside""]" ADP,2018-06-08,122.428,123.484,122.191,123.404, ADP,2018-06-11,122.98,123.118,122.152,122.241,"[""The Week Ahead: Central Bank Bonanza, AT&T Court Ruling, North Korea Summit"", ""The Week Ahead: Central Bank Bonanza, AT&T Court Ruling, North Korea Summit"", ""The Week Ahead: Central Bank Bonanza, AT&T Court Ruling, North Korea Summit""]" ADP,2018-06-12,125.179,127.143,121.709,127.015,"[""Discovery Is Undervalued - Cramer's Lightning Round (6/11/18)"", ""Automatic Data Processing (ADP) Investor Presentation - Slideshow"", ""Companies Holding Analyst/Investor Days Today Include ADP and Fortive"", ""ADP Says Presented Co.'s Strategic Vision, Transformation Initiatives At Investor Meeting; Sees Adj. EBIT Margin Up 300-500 Bps Through FY21"", ""UPDATE: ADP Sees FY19-FY21 Annualized Sales Growth 7-9%, Adj. EPS Growth 16-19%"", ""ADP Shares Up 1.8%, At Session High; Co. Recently Issued 8-K Disclosing CFO Jan Siegmund To Leave Co., Date Of Departure Not Yet Determined"", ""ADP Shares Up 1.8%, At Session High; Co. Recently Issued 8-K Disclosing CFO Jan Siegmund To Leave Co., Date Of Departure Not Yet Determined"", ""UPDATE: ADP Sees FY19-FY21 Annualized Sales Growth 7-9%, Adj. EPS Growth 16-19%"", ""ADP Says Presented Co.'s Strategic Vision, Transformation Initiatives At Investor Meeting; Sees Adj. EBIT Margin Up 300-500 Bps Through FY21"", ""Companies Holding Analyst/Investor Days Today Include ADP and Fortive"", ""Automatic Data Processing (ADP) Investor Presentation - Slideshow"", ""Discovery Is Undervalued - Cramer's Lightning Round (6/11/18)"", ""ADP Shares Up 1.8%, At Session High; Co. Recently Issued 8-K Disclosing CFO Jan Siegmund To Leave Co., Date Of Departure Not Yet Determined"", ""UPDATE: ADP Sees FY19-FY21 Annualized Sales Growth 7-9%, Adj. EPS Growth 16-19%"", ""ADP Says Presented Co.'s Strategic Vision, Transformation Initiatives At Investor Meeting; Sees Adj. EBIT Margin Up 300-500 Bps Through FY21"", ""Companies Holding Analyst/Investor Days Today Include ADP and Fortive"", ""Automatic Data Processing (ADP) Investor Presentation - Slideshow"", ""Discovery Is Undervalued - Cramer's Lightning Round (6/11/18)""]" ADP,2018-06-13,127.083,128.473,126.333,127.951,"[""Sherwin-Williams: Buy For Great Total Return And Steady Dividend"", ""Automatic Data Processing Hits 52-Week High on Investor Day"", ""BR or ADP: Which Outsourcing Stock is Better Positioned?"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $134"", ""BMO Capital Maintains Market Perform on Automatic Data Processing, Raises Price Target to $138"", ""Wedbush Maintains Neutral on Automatic Data Processing, Raises Price Target to $145"", ""Deutsche Bank Maintains Hold on Automatic Data Processing, Raises Price Target to $138"", ""10 Biggest Price Target Changes For Wednesday"", ""10 Biggest Price Target Changes For Wednesday"", ""Deutsche Bank Maintains Hold on Automatic Data Processing, Raises Price Target to $138"", ""Wedbush Maintains Neutral on Automatic Data Processing, Raises Price Target to $145"", ""BMO Capital Maintains Market Perform on Automatic Data Processing, Raises Price Target to $138"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $134"", ""Sherwin-Williams: Buy For Great Total Return And Steady Dividend"", ""Automatic Data Processing Hits 52-Week High on Investor Day"", ""BR or ADP: Which Outsourcing Stock is Better Positioned?"", ""10 Biggest Price Target Changes For Wednesday"", ""Deutsche Bank Maintains Hold on Automatic Data Processing, Raises Price Target to $138"", ""Wedbush Maintains Neutral on Automatic Data Processing, Raises Price Target to $145"", ""BMO Capital Maintains Market Perform on Automatic Data Processing, Raises Price Target to $138"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $134"", ""Sherwin-Williams: Buy For Great Total Return And Steady Dividend"", ""Automatic Data Processing Hits 52-Week High on Investor Day"", ""BR or ADP: Which Outsourcing Stock is Better Positioned?""]" ADP,2018-06-14,128.513,129.017,127.31,127.468,"[""Bill Ackman's Picks Looking Up"", ""Bill Ackman's Picks Looking Up"", ""Bill Ackman's Picks Looking Up""]" ADP,2018-06-15,127.212,127.626,125.762,127.25,"[""Buy Automatic Data Processing On Any Weakness"", ""Buy Automatic Data Processing On Any Weakness"", ""Buy Automatic Data Processing On Any Weakness""]" ADP,2018-06-18,126.295,127.113,125.624,126.729, ADP,2018-06-19,125.328,126.59,125.328,126.353, ADP,2018-06-20,126.383,126.955,125.535,125.614, ADP,2018-06-21,125.614,126.265,124.48,126.008,"[""48 DGI Stocks Selected For Earnings Growth And Fundamental Strength"", ""48 DGI Stocks Selected For Earnings Growth And Fundamental Strength"", ""48 DGI Stocks Selected For Earnings Growth And Fundamental Strength""]" ADP,2018-06-22,126.305,127.596,126.018,126.826,"[""ADP to Announce Fourth Quarter Fiscal \u2014\u2026\u20138 Financial Results on August \u2013, \u2014\u2026\u20138"", ""HP Inc.: Buy For Total Return And Gain From Share Buybacks"", ""HP Inc.: Buy For Total Return And Gain From Share Buybacks"", ""ADP to Announce Fourth Quarter Fiscal \u2014\u2026\u20138 Financial Results on August \u2013, \u2014\u2026\u20138"", ""HP Inc.: Buy For Total Return And Gain From Share Buybacks"", ""ADP to Announce Fourth Quarter Fiscal \u2014\u2026\u20138 Financial Results on August \u2013, \u2014\u2026\u20138""]" ADP,2018-06-25,126.393,127.024,123.454,124.568,"[""Stocks With Rising Composite Ratings: Automatic Data Processng"", ""FactSet (FDS) to Report Q3 Earnings: Is a Beat in Store?"", ""Honeywell International: Buy For Good Total Return And Steady Dividend Increases"", ""Steven Cohen's 7 Largest Stock Acquisitions In Q1"", ""Steven Cohen's 7 Largest Stock Acquisitions In Q1"", ""Honeywell International: Buy For Good Total Return And Steady Dividend Increases"", ""Stocks With Rising Composite Ratings: Automatic Data Processng"", ""FactSet (FDS) to Report Q3 Earnings: Is a Beat in Store?"", ""Steven Cohen's 7 Largest Stock Acquisitions In Q1"", ""Honeywell International: Buy For Good Total Return And Steady Dividend Increases"", ""Stocks With Rising Composite Ratings: Automatic Data Processng"", ""FactSet (FDS) to Report Q3 Earnings: Is a Beat in Store?""]" ADP,2018-06-26,124.519,125.002,122.931,123.158,"[""Reviewing Bill Ackman's Q1 Trading Activity: Sells Nike and Howard Hughes"", ""Reviewing Bill Ackman's Q1 Trading Activity: Sells Nike and Howard Hughes"", ""Reviewing Bill Ackman's Q1 Trading Activity: Sells Nike and Howard Hughes""]" ADP,2018-06-27,123.681,124.351,121.196,121.313,"[""ADP Shares Quiet After Hours Following Amended 13D Filing From Ackman's Pershing Square Showing Reduced Stake From ~31.8M Shares As Of Mar. To ~24.6M Shares, Or 5.6% Stake"", ""ADP Shares Quiet After Hours Following Amended 13D Filing From Ackman's Pershing Square Showing Reduced Stake From ~31.8M Shares As Of Mar. To ~24.6M Shares, Or 5.6% Stake"", ""ADP Shares Quiet After Hours Following Amended 13D Filing From Ackman's Pershing Square Showing Reduced Stake From ~31.8M Shares As Of Mar. To ~24.6M Shares, Or 5.6% Stake""]" ADP,2018-06-28,121.64,123.326,121.64,122.408,"[""Top Ranked Momentum Stocks to Buy for June 28th"", ""Top Ranked Momentum Stocks to Buy for June 28th"", ""Top Ranked Momentum Stocks to Buy for June 28th""]" ADP,2018-06-29,122.28,123.345,122.181,122.3,"[""Chubb Limited: Buy This Dividend Aristocrat For Steady Increasing Income"", ""Chubb Limited: Buy This Dividend Aristocrat For Steady Increasing Income"", ""Chubb Limited: Buy This Dividend Aristocrat For Steady Increasing Income""]" ADP,2018-07-02,120.949,123.0,120.939,122.951,"[""Here's Why You Should Invest in Aptiv (APTV) Stock Right Now"", ""ICF International Benefits From Global Presence, Buyouts"", ""PAYX or BR: Which of These is a Better Outsourcing Stock?"", ""Here's Why You Should Invest in Aptiv (APTV) Stock Right Now"", ""ICF International Benefits From Global Presence, Buyouts"", ""PAYX or BR: Which of These is a Better Outsourcing Stock?"", ""Here's Why You Should Invest in Aptiv (APTV) Stock Right Now"", ""ICF International Benefits From Global Presence, Buyouts"", ""PAYX or BR: Which of These is a Better Outsourcing Stock?""]" ADP,2018-07-03,123.394,123.681,120.88,121.847,"[""Rose Portfolio 93 Stock Cost Per Share Revealed In The First Half And Q2 2018 Report"", ""Avoid This Dow Index Dividend Aristocrat Company For All Investors"", ""Interpublic to Acquire Acxiom Marketing Solutions for $2.3B"", ""Rose Portfolio 93 Stock Cost Per Share Revealed In The First Half And Q2 2018 Report"", ""Avoid This Dow Index Dividend Aristocrat Company For All Investors"", ""Interpublic to Acquire Acxiom Marketing Solutions for $2.3B"", ""Rose Portfolio 93 Stock Cost Per Share Revealed In The First Half And Q2 2018 Report"", ""Avoid This Dow Index Dividend Aristocrat Company For All Investors"", ""Interpublic to Acquire Acxiom Marketing Solutions for $2.3B""]" ADP,2018-07-05,122.714,122.714,121.383,121.896,"[""Why Automatic Data Processing (ADP) Stock Might be a Great Pick"", ""Jobs Data Misses, but Remains Strong"", ""Jobs Data Misses The Mark"", ""Jobs Data Misses The Mark"", ""Jobs Data Misses, but Remains Strong"", ""Why Automatic Data Processing (ADP) Stock Might be a Great Pick"", ""Jobs Data Misses The Mark"", ""Jobs Data Misses, but Remains Strong"", ""Why Automatic Data Processing (ADP) Stock Might be a Great Pick""]" ADP,2018-07-06,122.191,122.655,121.935,122.379, ADP,2018-07-09,122.468,122.714,121.452,122.655,"[""Here's Why You Should Add Avis Budget (CAR) to Your Portfolio"", ""AT&T: Buy For Steady Income And A Growing Media Player"", ""Here's Why You Should Add Avis Budget (CAR) to Your Portfolio"", ""AT&T: Buy For Steady Income And A Growing Media Player"", ""Here's Why You Should Add Avis Budget (CAR) to Your Portfolio"", ""AT&T: Buy For Steady Income And A Growing Media Player""]" ADP,2018-07-10,122.971,124.312,122.744,123.967,"[""Land on Top-Ranked Momentum Stocks via Driehaus Strategy"", ""Land on Top-Ranked Momentum Stocks via Driehaus Strategy"", ""Land on Top-Ranked Momentum Stocks via Driehaus Strategy""]" ADP,2018-07-11,122.863,123.997,122.428,123.424,"[""Zacks.com highlights: Domtar, Facebook, Automatic Data Processing, Intel and Lululemon Athletica"", ""PepsiCo: Buy This Dividend Aristocrat For Income With Earnings Beat Of 6% This Quarter"", ""Fix Your Roof While The Sun Is Shining: The Dividend Aristocrats Are (Sorta) On Sale"", ""Zacks.com highlights: Domtar, Facebook, Automatic Data Processing, Intel and Lululemon Athletica"", ""PepsiCo: Buy This Dividend Aristocrat For Income With Earnings Beat Of 6% This Quarter"", ""Fix Your Roof While The Sun Is Shining: The Dividend Aristocrats Are (Sorta) On Sale"", ""Zacks.com highlights: Domtar, Facebook, Automatic Data Processing, Intel and Lululemon Athletica"", ""PepsiCo: Buy This Dividend Aristocrat For Income With Earnings Beat Of 6% This Quarter"", ""Fix Your Roof While The Sun Is Shining: The Dividend Aristocrats Are (Sorta) On Sale""]" ADP,2018-07-12,124.105,125.456,124.017,125.377,"[""Top Research Reports for Chevron, Boeing & Netflix"", ""Top Research Reports for Chevron, Boeing & Netflix"", ""Top Research Reports for Chevron, Boeing & Netflix""]" ADP,2018-07-13,125.199,125.811,124.765,125.229,"[""Cohen Klingenstein, LLC Buys DowDuPont Inc, Abbott Laboratories, Ecolab Inc, Sells Monsanto Co, ..."", ""Oakmark Fund: Second Quarter 2018"", ""China Blinked - Cramer's Mad Money (7/12/18)"", ""Masco: Buy This Home Improvement Products Company For Total Return"", ""Cohen Klingenstein, LLC Buys DowDuPont Inc, Abbott Laboratories, Ecolab Inc, Sells Monsanto Co, ..."", ""Masco: Buy This Home Improvement Products Company For Total Return"", ""China Blinked - Cramer's Mad Money (7/12/18)"", ""Oakmark Fund: Second Quarter 2018"", ""Cohen Klingenstein, LLC Buys DowDuPont Inc, Abbott Laboratories, Ecolab Inc, Sells Monsanto Co, ..."", ""Masco: Buy This Home Improvement Products Company For Total Return"", ""China Blinked - Cramer's Mad Money (7/12/18)"", ""Oakmark Fund: Second Quarter 2018""]" ADP,2018-07-16,125.397,125.624,124.835,125.012,"[""Dividend Growth 50: Income Up Nearly 10%, Led By Kinder Morgan (Seriously!)"", ""Trust Co Of Oklahoma Buys Henry Schein Inc, Automatic Data Processing Inc, NextEra Energy Inc, ..."", ""Dividend Growth 50: Income Up Nearly 10%, Led By Kinder Morgan (Seriously!)"", ""Trust Co Of Oklahoma Buys Henry Schein Inc, Automatic Data Processing Inc, NextEra Energy Inc, ..."", ""Dividend Growth 50: Income Up Nearly 10%, Led By Kinder Morgan (Seriously!)"", ""Trust Co Of Oklahoma Buys Henry Schein Inc, Automatic Data Processing Inc, NextEra Energy Inc, ...""]" ADP,2018-07-17,124.638,125.456,124.401,125.249,"[""Central Bank & Trust Co Buys Broadcom Inc, Stryker Corp, Amgen Inc, Sells Vanguard Real ..."", ""Central Bank & Trust Co Buys Broadcom Inc, Stryker Corp, Amgen Inc, Sells Vanguard Real ..."", ""Central Bank & Trust Co Buys Broadcom Inc, Stryker Corp, Amgen Inc, Sells Vanguard Real ...""]" ADP,2018-07-18,125.239,125.683,124.785,125.377, ADP,2018-07-19,122.951,125.426,122.951,124.953, ADP,2018-07-20,122.971,126.028,122.843,125.219,"[""Rossmore Private Capital Buys Chevron Corp, Exxon Mobil Corp, Automatic Data Processing Inc, ..."", ""Rossmore Private Capital Buys Chevron Corp, Exxon Mobil Corp, Automatic Data Processing Inc, ..."", ""Rossmore Private Capital Buys Chevron Corp, Exxon Mobil Corp, Automatic Data Processing Inc, ...""]" ADP,2018-07-23,124.894,125.584,124.736,125.535,"[""A Strategy To Consider To Reduce Market Volatility"", ""A Strategy To Consider To Reduce Market Volatility"", ""A Strategy To Consider To Reduce Market Volatility""]" ADP,2018-07-24,125.979,126.245,124.371,125.002,"[""Raytheon: Buy This Military Contractor For Great Total Return"", ""Raytheon: Buy This Military Contractor For Great Total Return"", ""Raytheon: Buy This Military Contractor For Great Total Return""]" ADP,2018-07-25,125.377,127.033,125.012,126.866, ADP,2018-07-26,127.448,128.0,126.729,126.955, ADP,2018-07-27,127.133,127.32,124.755,125.298, ADP,2018-07-30,124.667,125.229,121.61,122.438,"[""Apple To Report Earnings Amid A Busy Week Filled With Economic Data, Fed Meeting And More"", ""Apple To Report Earnings Amid A Busy Week Filled With Economic Data, Fed Meeting And More"", ""Apple To Report Earnings Amid A Busy Week Filled With Economic Data, Fed Meeting And More""]" ADP,2018-07-31,123.217,123.494,121.926,123.07,"[""Dividend Champion Spotlight: Automatic Data Processing, Inc."", ""Notable earnings before Wednesday's open"", ""Economic Data Deluge"", ""Costs, Spending Data Join New Q2 Earnings for PFE, PG, RL"", ""Multi-Family/Commercial Property REIT With 9% Yield On A Roll"", ""Notable earnings before Wednesday's open"", ""Economic Data Deluge"", ""Costs, Spending Data Join New Q2 Earnings for PFE, PG, RL"", ""Multi-Family/Commercial Property REIT With 9% Yield On A Roll"", ""Dividend Champion Spotlight: Automatic Data Processing, Inc."", ""Notable earnings before Wednesday's open"", ""Economic Data Deluge"", ""Costs, Spending Data Join New Q2 Earnings for PFE, PG, RL"", ""Multi-Family/Commercial Property REIT With 9% Yield On A Roll"", ""Dividend Champion Spotlight: Automatic Data Processing, Inc.""]" ADP,2018-08-01,118.711,121.313,117.783,120.899,"[""ADP Surpasses Earnings and Revenue Estimates in Q4"", ""ADP reports Q4 beats, upside EPS guide"", ""Automatic Data Processing beats by $0.02, revenue in-line"", ""Automatic Data Processing, Inc. 2018 Q4 - Results - Earnings Call Slides"", ""Strongest Jobs Levels Since the Hippie Era"", ""ADP Q4 Earnings & Revenues Surpass Estimates, Rise Y/Y"", ""Automatic Data Processing (ADP) Q4 2018 Results - Earnings Call Transcript"", ""Earnings Scheduled For August 1, 2018"", ""12 Stocks To Watch For August 1, 2018"", ""Automatic Data Q4 EPS $0.92 Beats $0.90 Estimate, Sales $3.319B Beat $3.3B Estimate"", ""ADP Sees FY19 Sales Growth 5-7%, Adj. EBIT Margin Up 100-125 Basis Points, Adj. EPS Growth 13-15%"", ""ADP Reports Purchase Of Celergo, No Terms Disclosed"", ""ADP Reports Purchase Of Celergo, No Terms Disclosed"", ""ADP Sees FY19 Sales Growth 5-7%, Adj. EBIT Margin Up 100-125 Basis Points, Adj. EPS Growth 13-15%"", ""Automatic Data Q4 EPS $0.92 Beats $0.90 Estimate, Sales $3.319B Beat $3.3B Estimate"", ""12 Stocks To Watch For August 1, 2018"", ""Earnings Scheduled For August 1, 2018"", ""ADP Q4 Earnings & Revenues Surpass Estimates, Rise Y/Y"", ""Automatic Data Processing (ADP) Q4 2018 Results - Earnings Call Transcript"", ""Automatic Data Processing, Inc. 2018 Q4 - Results - Earnings Call Slides"", ""Strongest Jobs Levels Since the Hippie Era"", ""ADP Surpasses Earnings and Revenue Estimates in Q4"", ""ADP reports Q4 beats, upside EPS guide"", ""Automatic Data Processing beats by $0.02, revenue in-line"", ""ADP Reports Purchase Of Celergo, No Terms Disclosed"", ""ADP Sees FY19 Sales Growth 5-7%, Adj. EBIT Margin Up 100-125 Basis Points, Adj. EPS Growth 13-15%"", ""Automatic Data Q4 EPS $0.92 Beats $0.90 Estimate, Sales $3.319B Beat $3.3B Estimate"", ""12 Stocks To Watch For August 1, 2018"", ""Earnings Scheduled For August 1, 2018"", ""ADP Q4 Earnings & Revenues Surpass Estimates, Rise Y/Y"", ""Automatic Data Processing (ADP) Q4 2018 Results - Earnings Call Transcript"", ""Automatic Data Processing, Inc. 2018 Q4 - Results - Earnings Call Slides"", ""Strongest Jobs Levels Since the Hippie Era"", ""ADP Surpasses Earnings and Revenue Estimates in Q4"", ""ADP reports Q4 beats, upside EPS guide"", ""Automatic Data Processing beats by $0.02, revenue in-line"", ""The Dividend Aristocrats Are Worth Another Look The S&P 500 stocks\u2014which have raised their dividend for at least 25 years\u2014have lagged behind the broad market, thanks to a lack of tech exposure.""]" ADP,2018-08-02,119.874,121.709,118.928,121.393,"[""Automatic Data Processing declares $0.69 dividend"", ""Trade War Fears Haunt Investors Again"", ""McDonald's: Dividend Aristocrat For Total Return And Income"", ""Automatic Data Processing declares $0.69 dividend"", ""Trade War Fears Haunt Investors Again"", ""McDonald's: Dividend Aristocrat For Total Return And Income"", ""Automatic Data Processing declares $0.69 dividend"", ""Trade War Fears Haunt Investors Again"", ""McDonald's: Dividend Aristocrat For Total Return And Income""]" ADP,2018-08-03,121.935,122.537,121.255,122.408, ADP,2018-08-06,122.428,123.651,122.152,123.592,"[""The Rose 93 Stock July Portfolio Update: Delightful Spicy Dividends Up 60.2% From 2017"", ""Searching For Big Juicy Dividends In The USA."", ""Rose Portfolio Options: Covered Puts And Calls - Nothing Naked"", ""Rose Portfolio Options: Covered Puts And Calls - Nothing Naked"", ""Searching For Big Juicy Dividends In The USA."", ""The Rose 93 Stock July Portfolio Update: Delightful Spicy Dividends Up 60.2% From 2017"", ""Rose Portfolio Options: Covered Puts And Calls - Nothing Naked"", ""Searching For Big Juicy Dividends In The USA."", ""The Rose 93 Stock July Portfolio Update: Delightful Spicy Dividends Up 60.2% From 2017""]" ADP,2018-08-07,123.533,126.028,123.128,125.712, ADP,2018-08-08,126.048,126.215,124.904,125.643,"[""Omega Healthcare Investors: Buy This Income REIT Because Of 3 Things - Management, Management And Management"", ""Automatic Data Processng Meets 80-Plus Relative Strength Rating Benchmark"", ""Omega Healthcare Investors: Buy This Income REIT Because Of 3 Things - Management, Management And Management"", ""Automatic Data Processng Meets 80-Plus Relative Strength Rating Benchmark"", ""Omega Healthcare Investors: Buy This Income REIT Because Of 3 Things - Management, Management And Management"", ""Automatic Data Processng Meets 80-Plus Relative Strength Rating Benchmark""]" ADP,2018-08-09,126.088,126.856,125.801,126.156,"[""Suncoast Equity Management Buys Microsoft Corp, The Home Depot Inc, iShares U.S. ..."", ""Pershing Square Holdings reports YTD net return of 12.7%"", ""Suncoast Equity Management Buys Microsoft Corp, The Home Depot Inc, iShares U.S. ..."", ""Pershing Square Holdings reports YTD net return of 12.7%"", ""Suncoast Equity Management Buys Microsoft Corp, The Home Depot Inc, iShares U.S. ..."", ""Pershing Square Holdings reports YTD net return of 12.7%""]" ADP,2018-08-10,125.594,127.626,125.594,127.005,"[""Bill Ackman Comments on Automatic Data Processing"", ""Bill Ackman Makes a Comeback, but Can His Good Performance Continue?"", ""Credit Suisse initiates ADP at 16% upside"", ""Credit Suisse Initiates Coverage On Automatic Data Processing with Outperform Rating, Announces $160 Price Target"", ""Credit Suisse Initiates Coverage On Automatic Data Processing with Outperform Rating, Announces $160 Price Target"", ""Bill Ackman Comments on Automatic Data Processing"", ""Bill Ackman Makes a Comeback, but Can His Good Performance Continue?"", ""Credit Suisse initiates ADP at 16% upside"", ""Credit Suisse Initiates Coverage On Automatic Data Processing with Outperform Rating, Announces $160 Price Target"", ""Bill Ackman Comments on Automatic Data Processing"", ""Bill Ackman Makes a Comeback, but Can His Good Performance Continue?"", ""Credit Suisse initiates ADP at 16% upside""]" ADP,2018-08-13,127.468,128.829,127.113,127.33,"[""Winslow Capital Management, LLC Buys Lowe's Inc, PagSeguro Digital, Ctrip. ..."", ""Texas Instruments: Great Total Return With Dividend Increase Coming In September"", ""Why Hold Strategy is Apt for Accenture (ACN) Stock Right Now"", ""Pershing Square (Bill Ackman) 2018 Interim Financial Statements"", ""Verisk Rides on Data Analysis Expertise, Debt Woes Remain"", ""Delphi Gains From Product Suite Amid Light-Duty Diesel Woes"", ""Argus Maintains Buy on Automatic Data Processing, Raises Price Target to $150"", ""10 Biggest Price Target Changes For Monday"", ""10 Biggest Price Target Changes For Monday"", ""Argus Maintains Buy on Automatic Data Processing, Raises Price Target to $150"", ""Winslow Capital Management, LLC Buys Lowe's Inc, PagSeguro Digital, Ctrip. ..."", ""Texas Instruments: Great Total Return With Dividend Increase Coming In September"", ""Why Hold Strategy is Apt for Accenture (ACN) Stock Right Now"", ""Delphi Gains From Product Suite Amid Light-Duty Diesel Woes"", ""Verisk Rides on Data Analysis Expertise, Debt Woes Remain"", ""Pershing Square (Bill Ackman) 2018 Interim Financial Statements"", ""10 Biggest Price Target Changes For Monday"", ""Argus Maintains Buy on Automatic Data Processing, Raises Price Target to $150"", ""Winslow Capital Management, LLC Buys Lowe's Inc, PagSeguro Digital, Ctrip. ..."", ""Texas Instruments: Great Total Return With Dividend Increase Coming In September"", ""Why Hold Strategy is Apt for Accenture (ACN) Stock Right Now"", ""Delphi Gains From Product Suite Amid Light-Duty Diesel Woes"", ""Verisk Rides on Data Analysis Expertise, Debt Woes Remain"", ""Pershing Square (Bill Ackman) 2018 Interim Financial Statements""]" ADP,2018-08-14,127.527,128.957,127.103,128.7,"[""Recent Analysis Shows Automatic Data Processing, Denbury Resources, ITT, Cardinal Health, ..."", ""Recent Analysis Shows Automatic Data Processing, Denbury Resources, ITT, Cardinal Health, ..."", ""Recent Analysis Shows Automatic Data Processing, Denbury Resources, ITT, Cardinal Health, ...""]" ADP,2018-08-15,127.675,129.204,127.133,128.78,"[""Joel Greenblatt Boosts Intuit, Walt Disney Positions"", ""ADP closes on service provider Celergo"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q2 2018 Update"", ""Q2 13F Roundup: How Buffett, Einhorn, Loeb And Others Adjusted Their Portfolio"", ""13F Filing From Pershing Square Late Tuesday Showed Reduced Stake In ADP, Restaurant Brands; Raised Stake in United Technologies; New 7.72M Share Stake In Lowe's"", ""13F Filing From Pershing Square Late Tuesday Showed Reduced Stake In ADP, Restaurant Brands; Raised Stake in United Technologies; New 7.72M Share Stake In Lowe's"", ""Q2 13F Roundup: How Buffett, Einhorn, Loeb And Others Adjusted Their Portfolio"", ""Joel Greenblatt Boosts Intuit, Walt Disney Positions"", ""ADP closes on service provider Celergo"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q2 2018 Update"", ""13F Filing From Pershing Square Late Tuesday Showed Reduced Stake In ADP, Restaurant Brands; Raised Stake in United Technologies; New 7.72M Share Stake In Lowe's"", ""Q2 13F Roundup: How Buffett, Einhorn, Loeb And Others Adjusted Their Portfolio"", ""Joel Greenblatt Boosts Intuit, Walt Disney Positions"", ""ADP closes on service provider Celergo"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q2 2018 Update""]" ADP,2018-08-16,129.312,129.312,126.866,128.78,"[""G or ADP: Which Is the Better Value Stock Right Now?"", ""Stocks Which Set New 52-Week High Yesterday, August 15th"", ""Stocks Which Set New 52-Week High Yesterday, August 15th"", ""G or ADP: Which Is the Better Value Stock Right Now?"", ""Stocks Which Set New 52-Week High Yesterday, August 15th"", ""G or ADP: Which Is the Better Value Stock Right Now?""]" ADP,2018-08-17,128.72,130.327,128.553,129.953,"[""Stocks Which Set New 52-Week High Yesterday, August 16th"", ""Stocks Which Set New 52-Week High Yesterday, August 16th"", ""Stocks Which Set New 52-Week High Yesterday, August 16th""]" ADP,2018-08-20,130.21,130.259,129.558,129.608, ADP,2018-08-21,130.239,130.821,130.022,130.417,"[""Guggenheim Initiates Coverage On Automatic Data Processing with Buy Rating, Announces $175 Price Target"", ""Benzinga's Top Upgrades, Downgrades For August 21, 2018"", ""Stocks Which Set New 52-Week High Tues., Aug. 21, 2018"", ""Stocks Which Set New 52-Week High Tues., Aug. 21, 2018"", ""Benzinga's Top Upgrades, Downgrades For August 21, 2018"", ""Guggenheim Initiates Coverage On Automatic Data Processing with Buy Rating, Announces $175 Price Target"", ""Stocks Which Set New 52-Week High Tues., Aug. 21, 2018"", ""Benzinga's Top Upgrades, Downgrades For August 21, 2018"", ""Guggenheim Initiates Coverage On Automatic Data Processing with Buy Rating, Announces $175 Price Target""]" ADP,2018-08-22,130.12,130.948,129.756,130.664,"[""ADP Hits 52-Week High: What's Supporting the Stock's Rally?"", ""Stocks Which Set New 52-Week High Yesterday, August 21st"", ""Stocks That Made New 52-Week Highs So Far Today Include: ADP, American Express, Lowe's, Kroger, Michael Kors, Advance Auto Parts, TJX Companies, Universal Health Services, Costco, Kansas City Southern, AMD, Dollar General, Nike, and Target"", ""Stocks That Made New 52-Week Highs So Far Today Include: ADP, American Express, Lowe's, Kroger, Michael Kors, Advance Auto Parts, TJX Companies, Universal Health Services, Costco, Kansas City Southern, AMD, Dollar General, Nike, and Target"", ""Stocks Which Set New 52-Week High Yesterday, August 21st"", ""ADP Hits 52-Week High: What's Supporting the Stock's Rally?"", ""Stocks That Made New 52-Week Highs So Far Today Include: ADP, American Express, Lowe's, Kroger, Michael Kors, Advance Auto Parts, TJX Companies, Universal Health Services, Costco, Kansas City Southern, AMD, Dollar General, Nike, and Target"", ""Stocks Which Set New 52-Week High Yesterday, August 21st"", ""ADP Hits 52-Week High: What's Supporting the Stock's Rally?""]" ADP,2018-08-23,130.505,131.215,130.21,130.712,"[""Stocks Which Set New 52-Week High Yesterday, August 22nd"", ""Stocks That Made New 52-Week Highs So Far Today Include: Costco, Express Scripts, Global Payments, Ross Stores, Abbott Labs, ADP, Medtronic, Tractor Supply, Intuitive Surgical, Gartner, Sysco, Advance Auto Parts, and AMD"", ""Stocks That Made New 52-Week Highs So Far Today Include: Costco, Express Scripts, Global Payments, Ross Stores, Abbott Labs, ADP, Medtronic, Tractor Supply, Intuitive Surgical, Gartner, Sysco, Advance Auto Parts, and AMD"", ""Stocks Which Set New 52-Week High Yesterday, August 22nd"", ""Stocks That Made New 52-Week Highs So Far Today Include: Costco, Express Scripts, Global Payments, Ross Stores, Abbott Labs, ADP, Medtronic, Tractor Supply, Intuitive Surgical, Gartner, Sysco, Advance Auto Parts, and AMD"", ""Stocks Which Set New 52-Week High Yesterday, August 22nd""]" ADP,2018-08-24,131.156,131.324,130.249,130.92,"[""The Good Business Portfolio: 2018 2nd Quarter Earnings And Performance Review"", ""Bill Ackman's Top-Performing Stocks"", ""My Encounter With Fundsmith And Underrated Lessons To Reiterate"", ""Stocks Which Set New 52-Week High Yesterday, August 23rd"", ""Stocks Which Set New 52-Week High Yesterday, August 23rd"", ""Bill Ackman's Top-Performing Stocks"", ""My Encounter With Fundsmith And Underrated Lessons To Reiterate"", ""The Good Business Portfolio: 2018 2nd Quarter Earnings And Performance Review"", ""Stocks Which Set New 52-Week High Yesterday, August 23rd"", ""Bill Ackman's Top-Performing Stocks"", ""My Encounter With Fundsmith And Underrated Lessons To Reiterate"", ""The Good Business Portfolio: 2018 2nd Quarter Earnings And Performance Review""]" ADP,2018-08-27,131.58,131.58,130.574,130.93,"[""Stocks Which Set New 52-Week High Friday, August 24th"", ""Stocks Which Set New 52-Week High Friday, August 24th"", ""Stocks Which Set New 52-Week High Friday, August 24th""]" ADP,2018-08-28,131.058,131.541,130.644,131.127, ADP,2018-08-29,131.689,133.73,131.165,133.424,"[""Retirement: The Future-Proof Portfolio For Young Investors Becomes 7 Months Old, New Position Opened"", ""Stocks That Made New 52-Week Highs So Far Today Include: Salesforce, Textron, TJX, Kansas City Southern, Dover, HCA, United Continental, Ingersoll-Rand, Xilinx, Thermo Fisher, Progressive, Microsoft, Apple, Paypal, Cisco, UnitedHealth, Visa & Mastercard"", ""Stocks That Made New 52-Week Highs So Far Today Include: Salesforce, Textron, TJX, Kansas City Southern, Dover, HCA, United Continental, Ingersoll-Rand, Xilinx, Thermo Fisher, Progressive, Microsoft, Apple, Paypal, Cisco, UnitedHealth, Visa & Mastercard"", ""Retirement: The Future-Proof Portfolio For Young Investors Becomes 7 Months Old, New Position Opened"", ""Stocks That Made New 52-Week Highs So Far Today Include: Salesforce, Textron, TJX, Kansas City Southern, Dover, HCA, United Continental, Ingersoll-Rand, Xilinx, Thermo Fisher, Progressive, Microsoft, Apple, Paypal, Cisco, UnitedHealth, Visa & Mastercard"", ""Retirement: The Future-Proof Portfolio For Young Investors Becomes 7 Months Old, New Position Opened""]" ADP,2018-08-30,133.119,133.82,132.133,132.655,"[""Initial Jobless Claims Rise Slightly"", ""Jobs and Income Keep Apace with Economic Strength"", ""Stocks Which Set New 52-Week High Yesterday, August 29th"", ""Stocks Which Set New 52-Week High Yesterday, August 29th"", ""Initial Jobless Claims Rise Slightly"", ""Jobs and Income Keep Apace with Economic Strength"", ""Stocks Which Set New 52-Week High Yesterday, August 29th"", ""Initial Jobless Claims Rise Slightly"", ""Jobs and Income Keep Apace with Economic Strength""]" ADP,2018-08-31,132.35,133.977,132.201,133.8,"[""Bull of the Day: Paycom Software (PAYC)"", ""Bill Ackman Reduces Stake in Company Leading His Turnaround, Chipotle"", ""Stocks Which Set New 52-Week High Yesterday, August 30th"", ""Stocks Which Set New 52-Week High Yesterday, August 30th"", ""Bill Ackman Reduces Stake in Company Leading His Turnaround, Chipotle"", ""Bull of the Day: Paycom Software (PAYC)"", ""Stocks Which Set New 52-Week High Yesterday, August 30th"", ""Bill Ackman Reduces Stake in Company Leading His Turnaround, Chipotle"", ""Bull of the Day: Paycom Software (PAYC)""]" ADP,2018-09-04,131.59,133.227,131.462,132.942,"[""Tracking Al Gore's Generation Investment Management Portfolio - Q2 2018 Update"", ""American Tower: A REIT With 10% Growth And Great Total Return"", ""Morgan Stanley Institutional Global Franchise Fund Buys Twenty-First Century Fox Inc, Altria ..."", ""Stocks Which Set New 52-Week High Friday, August 31"", ""Stocks Which Set New 52-Week High Friday, August 31"", ""Morgan Stanley Institutional Global Franchise Fund Buys Twenty-First Century Fox Inc, Altria ..."", ""Tracking Al Gore's Generation Investment Management Portfolio - Q2 2018 Update"", ""American Tower: A REIT With 10% Growth And Great Total Return"", ""Stocks Which Set New 52-Week High Friday, August 31"", ""Morgan Stanley Institutional Global Franchise Fund Buys Twenty-First Century Fox Inc, Altria ..."", ""Tracking Al Gore's Generation Investment Management Portfolio - Q2 2018 Update"", ""American Tower: A REIT With 10% Growth And Great Total Return""]" ADP,2018-09-05,132.675,133.386,131.679,133.227,"[""Top Analyst Reports for Pfizer, Salesforce & ADP"", ""Top Analyst Reports for Pfizer, Salesforce & ADP"", ""Top Analyst Reports for Pfizer, Salesforce & ADP""]" ADP,2018-09-06,132.922,134.312,132.201,134.272,"[""Jobs & Jobless Claims Continue Historic Run"", ""The Zacks Analyst Blog Highlights: Pfizer, Salesforce, ADP, General Motors and Southwest Airlines"", ""Jobs & Jobless Claims Continue Historic Run"", ""The Zacks Analyst Blog Highlights: Pfizer, Salesforce, ADP, General Motors and Southwest Airlines"", ""Jobs & Jobless Claims Continue Historic Run"", ""The Zacks Analyst Blog Highlights: Pfizer, Salesforce, ADP, General Motors and Southwest Airlines""]" ADP,2018-09-07,133.513,134.696,133.326,133.78,"[""U.S. Created 201K New Jobs In August"", ""New Jobs Reach 201K, Unemployment 3.9% -- Still Goldilocks"", ""Stocks That Made New 52-Week Highs Yesterday, September 6th"", ""Stocks That Made New 52-Week Highs Yesterday, September 6th"", ""U.S. Created 201K New Jobs In August"", ""New Jobs Reach 201K, Unemployment 3.9% -- Still Goldilocks"", ""Stocks That Made New 52-Week Highs Yesterday, September 6th"", ""U.S. Created 201K New Jobs In August"", ""New Jobs Reach 201K, Unemployment 3.9% -- Still Goldilocks""]" ADP,2018-09-10,134.411,134.549,133.503,134.036,"[""Digital Realty Trust: A Growing REIT In The Computer Sector"", ""Stocks Which Set New 52-Week High Friday, September 7th"", ""Stocks Which Set New 52-Week High Friday, September 7th"", ""Digital Realty Trust: A Growing REIT In The Computer Sector"", ""Stocks Which Set New 52-Week High Friday, September 7th"", ""Digital Realty Trust: A Growing REIT In The Computer Sector""]" ADP,2018-09-11,134.184,134.431,133.513,134.017, ADP,2018-09-12,134.007,134.411,133.543,134.135,"[""Top Dividend Growth Stocks By Sector"", ""Here's Why You Should Retain ADP Stock in Your Portfolio"", ""Here's Why You Should Retain ADP Stock in Your Portfolio"", ""Top Dividend Growth Stocks By Sector"", ""Here's Why You Should Retain ADP Stock in Your Portfolio"", ""Top Dividend Growth Stocks By Sector""]" ADP,2018-09-13,134.648,135.053,134.194,134.589,"[""IBD Stock Of The Day: Ceridian Aims To Make Work Life A Better Place"", ""Stocks Trading Ex Dividend For Thurs., Sep. 13, 2018"", ""Stocks Trading Ex Dividend For Thurs., Sep. 13, 2018"", ""IBD Stock Of The Day: Ceridian Aims To Make Work Life A Better Place"", ""Stocks Trading Ex Dividend For Thurs., Sep. 13, 2018"", ""IBD Stock Of The Day: Ceridian Aims To Make Work Life A Better Place""]" ADP,2018-09-14,134.658,135.505,134.292,135.09,"[""Stocks Trading Ex Dividend For Thurs., Sep. 13, 2018"", ""Stocks Trading Ex Dividend For Thurs., Sep. 13, 2018"", ""Stocks Trading Ex Dividend For Thurs., Sep. 13, 2018""]" ADP,2018-09-17,135.279,135.831,134.529,134.696,"[""Walt Disney: Content Is The Driver And Dividend Increase Expected In November"", ""Stocks Which Set New 52-Week High Friday, September 14th"", ""Stocks That Made New 52 Week Highs So Far Today Include: Honeywell, Fortive, Roper Tech, Arthur J. Gallagher, Dover, Nike, Clorox, Kellogg, Norfolk Southern, Xylem, Jacobs Engineering, Anthem, VeriSign, F5 Networkds, Conoco Phillips, and American Express"", ""Stocks That Made New 52 Week Highs So Far Today Include: Honeywell, Fortive, Roper Tech, Arthur J. Gallagher, Dover, Nike, Clorox, Kellogg, Norfolk Southern, Xylem, Jacobs Engineering, Anthem, VeriSign, F5 Networkds, Conoco Phillips, and American Express"", ""Stocks Which Set New 52-Week High Friday, September 14th"", ""Walt Disney: Content Is The Driver And Dividend Increase Expected In November"", ""Stocks That Made New 52 Week Highs So Far Today Include: Honeywell, Fortive, Roper Tech, Arthur J. Gallagher, Dover, Nike, Clorox, Kellogg, Norfolk Southern, Xylem, Jacobs Engineering, Anthem, VeriSign, F5 Networkds, Conoco Phillips, and American Express"", ""Stocks Which Set New 52-Week High Friday, September 14th"", ""Walt Disney: Content Is The Driver And Dividend Increase Expected In November""]" ADP,2018-09-18,134.903,135.654,134.696,135.17,"[""Stocks Which Set New 52-Week High Yesterday, September 17th"", ""Stocks Which Set New 52-Week High Yesterday, September 17th"", ""Stocks Which Set New 52-Week High Yesterday, September 17th""]" ADP,2018-09-19,135.298,135.525,134.243,134.628,"[""How Ceridian Stands Out In A Crowded HCM Market Versus Workday, ADP"", ""Pershing Square Capital Management, L.P. Buys Lowe's Inc, United Technologies Corp, Sells ..."", ""Pershing Square Capital Management, L.P. Buys Lowe's Inc, United Technologies Corp, Sells ..."", ""How Ceridian Stands Out In A Crowded HCM Market Versus Workday, ADP"", ""Pershing Square Capital Management, L.P. Buys Lowe's Inc, United Technologies Corp, Sells ..."", ""How Ceridian Stands Out In A Crowded HCM Market Versus Workday, ADP""]" ADP,2018-09-20,135.2,136.58,135.003,136.383,"[""Stocks That Made New 52-Week Highs So Far Today Include: Corning, Visa, Pfizer, ADP, Anthem, Microsoft, Nike, Sherwin-Williams, Lowe's, Honeywell, Yum Brands, Medtronic, ConocoPhillips, Amgen, Cooper Companies, and Boston Scientific"", ""Stocks That Made New 52-Week Highs So Far Today Include: Corning, Visa, Pfizer, ADP, Anthem, Microsoft, Nike, Sherwin-Williams, Lowe's, Honeywell, Yum Brands, Medtronic, ConocoPhillips, Amgen, Cooper Companies, and Boston Scientific"", ""Stocks That Made New 52-Week Highs So Far Today Include: Corning, Visa, Pfizer, ADP, Anthem, Microsoft, Nike, Sherwin-Williams, Lowe's, Honeywell, Yum Brands, Medtronic, ConocoPhillips, Amgen, Cooper Companies, and Boston Scientific""]" ADP,2018-09-21,137.094,138.356,136.295,138.03,"[""Stocks Which Set New 52-Week High Yesterday, September 20th"", ""Stocks Which Set New 52-Week High Yesterday, September 20th"", ""Stocks Which Set New 52-Week High Yesterday, September 20th""]" ADP,2018-09-24,137.024,137.508,136.216,136.56,"[""Accenture (ACN) to Report Q4 Earnings: What's in Store?"", ""IHS Markit (INFO) to Report Q3 Earnings: What's in Store?"", ""Pershing Square Capital Management, L.P. Buys Lowe's Inc, United Technologies Corp, Sells ..."", ""Stocks Which Set New 52-Week High Friday, September 21"", ""Stocks Which Set New 52-Week High Friday, September 21"", ""Pershing Square Capital Management, L.P. Buys Lowe's Inc, United Technologies Corp, Sells ..."", ""IHS Markit (INFO) to Report Q3 Earnings: What's in Store?"", ""Accenture (ACN) to Report Q4 Earnings: What's in Store?"", ""Stocks Which Set New 52-Week High Friday, September 21"", ""Pershing Square Capital Management, L.P. Buys Lowe's Inc, United Technologies Corp, Sells ..."", ""IHS Markit (INFO) to Report Q3 Earnings: What's in Store?"", ""Accenture (ACN) to Report Q4 Earnings: What's in Store?""]" ADP,2018-09-25,137.074,137.942,134.194,136.393,"[""Square talks new payroll app"", ""ADP Announces New Global Partnership With Infor"", ""ADP Shares Fall 1% Over Last Min. As Square Has Introduced A Payroll App"", ""ADP shares are trading down $2 over last few minutes following news Square has introduced a payroll app."", ""Watching for movement in employer payroll processing stocks amid reports Square has introduced a payroll app; Currently, Square up 7.1%, Intuit up 0.5%, ADP down 0.8%, Paychex down 1.4%."", ""Payroll Cos. (ADP, Paychex, Intuit) Fall Following Report Square Introduced A Payroll App; BZ NOTE: A Jun. 2015 Blogpost From Square Showed The Introduction Of 'Square Payroll'"", ""Watching for movement in employer payroll processing stocks amid reports Square has introduced a payroll app; Currently, Square up 7.1%, Intuit up 0.5%, ADP down 0.8%, Paychex down 1.4%."", ""Payroll Cos. (ADP, Paychex, Intuit) Fall Following Report Square Introduced A Payroll App; BZ NOTE: A Jun. 2015 Blogpost From Square Showed The Introduction Of 'Square Payroll'"", ""ADP shares are trading down $2 over last few minutes following news Square has introduced a payroll app."", ""ADP Shares Fall 1% Over Last Min. As Square Has Introduced A Payroll App"", ""ADP Announces New Global Partnership With Infor"", ""Square talks new payroll app"", ""Watching for movement in employer payroll processing stocks amid reports Square has introduced a payroll app; Currently, Square up 7.1%, Intuit up 0.5%, ADP down 0.8%, Paychex down 1.4%."", ""Payroll Cos. (ADP, Paychex, Intuit) Fall Following Report Square Introduced A Payroll App; BZ NOTE: A Jun. 2015 Blogpost From Square Showed The Introduction Of 'Square Payroll'"", ""ADP shares are trading down $2 over last few minutes following news Square has introduced a payroll app."", ""ADP Shares Fall 1% Over Last Min. As Square Has Introduced A Payroll App"", ""ADP Announces New Global Partnership With Infor"", ""Square talks new payroll app"", ""Square stock extends gains after company rolls out new payroll app; ADP, Paychex stocks fall Square Inc. rolled out a new, dedicated payroll app on Tuesday, which will allow employers to approve time cards and pay employees. Over the past few quarters, merchant services such as payroll have helped contribute to the company's strong growth. Square has been successful in convincing merchants to pay for additional services beyond payment processing, including instant access to funds and invoicing. The new app puts the payroll service in a dedicated place. Shares of Automatic Data Processing Inc. turned negative in midday trading Tuesday, and they're now down 0.8%. Shares of Paychex Inc. are currently off 1.7%. Square stock continues to add to its gains, and it's now up 8.3%. Earlier Tuesday, an analyst raised his price target on the stock to $125, which is the highest listed on FactSet. The stock is up 240% over the past 12 months, as the S&P 500 has gained 17%.""]" ADP,2018-09-26,136.55,138.326,136.383,137.054, ADP,2018-09-27,137.181,137.625,136.827,137.311,"[""ADP Extends Strategic Alliance With Infor, Boosts HCM Suite"", ""Accenture (ACN) Q4 Earnings & Revenues Surpass Estimates"", ""Accenture (ACN) Q4 Earnings & Revenues Surpass Estimates"", ""ADP Extends Strategic Alliance With Infor, Boosts HCM Suite"", ""Accenture (ACN) Q4 Earnings & Revenues Surpass Estimates"", ""ADP Extends Strategic Alliance With Infor, Boosts HCM Suite""]" ADP,2018-09-28,137.221,138.592,137.124,138.01,"[""Revenue Growth, Tax Cuts to Boost Paychex (PAYX) Q1 Earnings"", ""Revenue Growth, Tax Cuts to Boost Paychex (PAYX) Q1 Earnings"", ""Revenue Growth, Tax Cuts to Boost Paychex (PAYX) Q1 Earnings""]" ADP,2018-10-01,138.651,139.667,137.675,138.089,"[""Jefferies Initiates Hubspot, ServiceNow, Zendesk, Ultimate Software With Buy Ratings, Shopify, Paychex, ADP, Paylocity With Hold Ratings"", ""Jefferies Initiates Hubspot, ServiceNow, Zendesk, Ultimate Software With Buy Ratings, Shopify, Paychex, ADP, Paylocity With Hold Ratings"", ""Jefferies Initiates Hubspot, ServiceNow, Zendesk, Ultimate Software With Buy Ratings, Shopify, Paychex, ADP, Paylocity With Hold Ratings""]" ADP,2018-10-02,138.414,139.499,137.518,139.016,"[""Credit Suisse upgrades Paychex on earnings, payroll outperformance"", ""Dividend Growth 50: Double-Digit Divvy Dollar Dandy!"", ""Paychex (PAYX) Surpasses Q1 Earnings & Revenue Estimates"", ""Jefferies Initiates Coverage On Automatic Data Processing with Hold Rating, Announces $160 Price Target"", ""Stocks Which Set New 52-Week High Yesterday, October 1st"", ""Benzinga's Top Upgrades, Downgrades For October 2, 2018"", ""Jefferies Initiates Coverage Of Payroll Stocks"", ""Jefferies Initiates Coverage Of Payroll Stocks"", ""Benzinga's Top Upgrades, Downgrades For October 2, 2018"", ""Stocks Which Set New 52-Week High Yesterday, October 1st"", ""Jefferies Initiates Coverage On Automatic Data Processing with Hold Rating, Announces $160 Price Target"", ""Credit Suisse upgrades Paychex on earnings, payroll outperformance"", ""Dividend Growth 50: Double-Digit Divvy Dollar Dandy!"", ""Paychex (PAYX) Surpasses Q1 Earnings & Revenue Estimates"", ""Jefferies Initiates Coverage Of Payroll Stocks"", ""Benzinga's Top Upgrades, Downgrades For October 2, 2018"", ""Stocks Which Set New 52-Week High Yesterday, October 1st"", ""Jefferies Initiates Coverage On Automatic Data Processing with Hold Rating, Announces $160 Price Target"", ""Credit Suisse upgrades Paychex on earnings, payroll outperformance"", ""Dividend Growth 50: Double-Digit Divvy Dollar Dandy!"", ""Paychex (PAYX) Surpasses Q1 Earnings & Revenue Estimates""]" ADP,2018-10-03,139.145,140.595,138.612,138.838,"[""ADP Reports Historic Jobs Growth Continues; Plus GM, HMC Deal"", ""ADP Private-Sector Payroll Report Post Big Jobs Number"", ""Automatic Data Processing: Great Total Return, But Is It Too Pricey Right Now?"", ""ADP Reports Robust September Private Payroll Data; Will Friday's Non-Farm Payroll Follow Suit?"", ""ADP Reports Robust September Private Payroll Data; Will Friday's Non-Farm Payroll Follow Suit?"", ""ADP Private-Sector Payroll Report Post Big Jobs Number"", ""ADP Reports Historic Jobs Growth Continues; Plus GM, HMC Deal"", ""Automatic Data Processing: Great Total Return, But Is It Too Pricey Right Now?"", ""ADP Reports Robust September Private Payroll Data; Will Friday's Non-Farm Payroll Follow Suit?"", ""ADP Private-Sector Payroll Report Post Big Jobs Number"", ""ADP Reports Historic Jobs Growth Continues; Plus GM, HMC Deal"", ""Automatic Data Processing: Great Total Return, But Is It Too Pricey Right Now?""]" ADP,2018-10-04,138.631,138.838,136.433,137.586,"[""Stock Market News For Oct 4, 2018"", ""Behold the Bulletproof Economy"", ""Workday Invests In Pymetrics For AI Recruitment Tech"", ""Hearing Moffett Nathanson Initiated Coverage On 6 Tech Names: ADP, Accenture With Buy Ratings, Cognizant, DXC Tech, Paychex With Neutral, IBM With Sell"", ""Stocks Which Set New 52-Week High Yesterday, October 3rd"", ""Stocks Which Set New 52-Week High Yesterday, October 3rd"", ""Hearing Moffett Nathanson Initiated Coverage On 6 Tech Names: ADP, Accenture With Buy Ratings, Cognizant, DXC Tech, Paychex With Neutral, IBM With Sell"", ""Workday Invests In Pymetrics For AI Recruitment Tech"", ""Behold the Bulletproof Economy"", ""Stock Market News For Oct 4, 2018"", ""Stocks Which Set New 52-Week High Yesterday, October 3rd"", ""Hearing Moffett Nathanson Initiated Coverage On 6 Tech Names: ADP, Accenture With Buy Ratings, Cognizant, DXC Tech, Paychex With Neutral, IBM With Sell"", ""Workday Invests In Pymetrics For AI Recruitment Tech"", ""Behold the Bulletproof Economy"", ""Stock Market News For Oct 4, 2018""]" ADP,2018-10-05,137.784,138.799,137.241,138.336,"[""Q3 Portfolio Review"", ""Why ADP (ADP) Could Beat Earnings Estimates Again"", ""Why ADP (ADP) Could Beat Earnings Estimates Again"", ""Q3 Portfolio Review"", ""Why ADP (ADP) Could Beat Earnings Estimates Again"", ""Q3 Portfolio Review""]" ADP,2018-10-08,137.518,138.582,135.604,136.757,"[""PepsiCo: Buy This Dividend Aristocrat For Income And 8% Forward Growth"", ""PepsiCo: Buy This Dividend Aristocrat For Income And 8% Forward Growth"", ""PepsiCo: Buy This Dividend Aristocrat For Income And 8% Forward Growth""]" ADP,2018-10-09,136.945,139.569,136.689,137.528,"[""Visa: Buy This Total Return Company With 18% Forward Growth"", ""Visa: Buy This Total Return Company With 18% Forward Growth"", ""Visa: Buy This Total Return Company With 18% Forward Growth""]" ADP,2018-10-10,137.625,137.823,129.687,129.864, ADP,2018-10-11,129.805,130.998,125.535,126.57, ADP,2018-10-12,128.543,129.431,126.916,128.907, ADP,2018-10-15,128.257,129.657,127.35,128.473, ADP,2018-10-16,128.79,131.847,128.503,131.245,"[""Omnicom (OMC) Q3 Earnings and Revenues Exceed Estimates"", ""Beat The Recession With Dividends - Part 3"", ""UPDATE: Bank Of America Removed ADP, NetApp From Its 'US1' List In Place Of Ferrari"", ""UPDATE: Bank Of America Removed ADP, NetApp From Its 'US1' List In Place Of Ferrari"", ""Beat The Recession With Dividends - Part 3"", ""Omnicom (OMC) Q3 Earnings and Revenues Exceed Estimates"", ""UPDATE: Bank Of America Removed ADP, NetApp From Its 'US1' List In Place Of Ferrari"", ""Beat The Recession With Dividends - Part 3"", ""Omnicom (OMC) Q3 Earnings and Revenues Exceed Estimates""]" ADP,2018-10-17,131.383,132.014,130.101,131.59, ADP,2018-10-18,131.679,132.458,129.204,130.92, ADP,2018-10-19,131.699,132.952,130.732,131.363,"[""Interpublic (IPG) Tops Q3 Earnings Estimates, '18 View Intact"", ""Buy Johnson & Johnson For Dividend Growth And Steady Defensive Earnings: Third-Quarter Report"", ""Interpublic (IPG) Tops Q3 Earnings Estimates, '18 View Intact"", ""Buy Johnson & Johnson For Dividend Growth And Steady Defensive Earnings: Third-Quarter Report"", ""Interpublic (IPG) Tops Q3 Earnings Estimates, '18 View Intact"", ""Buy Johnson & Johnson For Dividend Growth And Steady Defensive Earnings: Third-Quarter Report""]" ADP,2018-10-22,131.768,132.745,130.988,131.896,"[""IQVIA (IQV) Beats Q3 Earnings Estimates, Updates '18 View"", ""Buy Danaher For Total Return And 9% Yearly Growth"", ""Business Services Stocks' Earnings on Oct 23: TRU, RHI, TSS"", ""IQVIA (IQV) Beats Q3 Earnings Estimates, Updates '18 View"", ""Buy Danaher For Total Return And 9% Yearly Growth"", ""Business Services Stocks' Earnings on Oct 23: TRU, RHI, TSS"", ""IQVIA (IQV) Beats Q3 Earnings Estimates, Updates '18 View"", ""Buy Danaher For Total Return And 9% Yearly Growth"", ""Business Services Stocks' Earnings on Oct 23: TRU, RHI, TSS""]" ADP,2018-10-23,129.746,131.392,128.523,130.486, ADP,2018-10-24,130.071,130.998,125.722,126.097, ADP,2018-10-25,127.922,129.529,125.899,128.7, ADP,2018-10-26,125.702,127.015,124.144,124.894,"[""Republic Services (RSG) Q3 Earnings & Revenues Beat Estimates"", ""Republic Services (RSG) Q3 Earnings & Revenues Beat Estimates"", ""Republic Services (RSG) Q3 Earnings & Revenues Beat Estimates"", ""As Trade Disputes Fester, There\u2019s No Haven for Small-Caps Investors flocked to small-cap stocks earlier in the year, believing they\u2019d be insulated from trade disputes. They were wrong, and the group\u2019s underperformance is likely to continue.""]" ADP,2018-10-29,127.143,128.02,121.945,123.937,"[""IBD Stock Of The Day Insperity Nears Buy Point As More Revenue Acceleration Could Be Ahead"", ""Automatic Data Processing (ADP) Q1 Earnings: What's in Store?"", ""This Is A Great Time To Build A Dividend Portfolio"", ""IBD Stock Of The Day Insperity Nears Buy Point As More Revenue Acceleration Could Be Ahead"", ""Automatic Data Processing (ADP) Q1 Earnings: What's in Store?"", ""This Is A Great Time To Build A Dividend Portfolio"", ""IBD Stock Of The Day Insperity Nears Buy Point As More Revenue Acceleration Could Be Ahead"", ""Automatic Data Processing (ADP) Q1 Earnings: What's in Store?"", ""This Is A Great Time To Build A Dividend Portfolio""]" ADP,2018-10-30,124.45,125.712,123.168,125.712,"[""Auto Giant GM, KFC Parent Yum Brands To Report Earnings: Investing Action Plan"", ""Notable earnings before Wednesday's open"", ""Notable earnings before Wednesday's open"", ""Auto Giant GM, KFC Parent Yum Brands To Report Earnings: Investing Action Plan"", ""Notable earnings before Wednesday's open"", ""Auto Giant GM, KFC Parent Yum Brands To Report Earnings: Investing Action Plan"", ""Technology-stock valuations are returning to Earth Price-to-earnings ratios are falling faster for tech stocks than for the S&P 500 Index Price-to-earnings ratios are falling faster for tech stocks than for the S&P 500 Index.""]" ADP,2018-10-31,129.5,133.386,128.217,131.965,"[""ADP Q1 Earnings, Revenues Surpass Estimates, 2019 View Up"", ""ADP: 227K New Jobs, Plus Q3 Earnings: GM, K & More"", ""ADP +3.3% after profit jump, raised guidance"", ""Are You Looking for a High-Growth Dividend Stock? Automatic Data Processing (ADP) Could Be a Great Choice"", ""Automatic Data Processing beats by $0.09, beats on revenue"", ""Automatic Data Processing, Inc. 2019 Q1 - Results - Earnings Call Slides"", ""Automatic Data Processing (ADP) Q1 2019 Results - Earnings Call Transcript"", ""Earnings Scheduled For October 31, 2018"", ""12 Stocks To Watch For October 31, 2018"", ""Automatic Data Processing Q1 EPS $1.20 Beats $1.11 Estimate, Sales $3.323B Beat $3.29B Estimate"", ""ADP Raises FY19 Adj. EPS Growth Guidance From 13-15% Year Over Year To 15-17%, Sales Growth Narrowed From 5-7% To 6-7%"", ""Automatic Data Processing shares are up 5.3% after the company beat Q1 earnings estimates and raised FY19 EPS growth guidance."", ""Automatic Data Processing shares are up 5.3% after the company beat Q1 earnings estimates and raised FY19 EPS growth guidance."", ""ADP Raises FY19 Adj. EPS Growth Guidance From 13-15% Year Over Year To 15-17%, Sales Growth Narrowed From 5-7% To 6-7%"", ""Automatic Data Processing Q1 EPS $1.20 Beats $1.11 Estimate, Sales $3.323B Beat $3.29B Estimate"", ""12 Stocks To Watch For October 31, 2018"", ""Earnings Scheduled For October 31, 2018"", ""Automatic Data Processing, Inc. 2019 Q1 - Results - Earnings Call Slides"", ""Automatic Data Processing (ADP) Q1 2019 Results - Earnings Call Transcript"", ""ADP Q1 Earnings, Revenues Surpass Estimates, 2019 View Up"", ""ADP: 227K New Jobs, Plus Q3 Earnings: GM, K & More"", ""ADP +3.3% after profit jump, raised guidance"", ""Are You Looking for a High-Growth Dividend Stock? Automatic Data Processing (ADP) Could Be a Great Choice"", ""Automatic Data Processing beats by $0.09, beats on revenue"", ""Automatic Data Processing shares are up 5.3% after the company beat Q1 earnings estimates and raised FY19 EPS growth guidance."", ""ADP Raises FY19 Adj. EPS Growth Guidance From 13-15% Year Over Year To 15-17%, Sales Growth Narrowed From 5-7% To 6-7%"", ""Automatic Data Processing Q1 EPS $1.20 Beats $1.11 Estimate, Sales $3.323B Beat $3.29B Estimate"", ""12 Stocks To Watch For October 31, 2018"", ""Earnings Scheduled For October 31, 2018"", ""Automatic Data Processing, Inc. 2019 Q1 - Results - Earnings Call Slides"", ""Automatic Data Processing (ADP) Q1 2019 Results - Earnings Call Transcript"", ""ADP Q1 Earnings, Revenues Surpass Estimates, 2019 View Up"", ""ADP: 227K New Jobs, Plus Q3 Earnings: GM, K & More"", ""ADP +3.3% after profit jump, raised guidance"", ""Are You Looking for a High-Growth Dividend Stock? Automatic Data Processing (ADP) Could Be a Great Choice"", ""Automatic Data Processing beats by $0.09, beats on revenue""]" ADP,2018-11-01,131.669,131.906,128.197,129.066,"[""Initial Jobless Claims Down, Q3 U.S. Productivity Falls"", ""Jobless Claims 214K, Productivity 2.2%; Waiting for Tim Cook"", ""Citigroup Maintains Neutral on Automatic Data Processing, Raises Price Target to $147"", ""BMO Capital Maintains Market Perform on Automatic Data Processing, Lowers Price Target to $150"", ""Wells Fargo Maintains Market Perform on Automatic Data Processing, Raises Price Target to $142"", ""CORRECTION: Wells Fargo Earlier Raised Price Target On ADP; Initial headline suggested the price target change was Credit Suisse; this was incorrect"", ""CORRECTION: Wells Fargo Earlier Raised Price Target On ADP; Initial headline suggested the price target change was Credit Suisse; this was incorrect"", ""Wells Fargo Maintains Market Perform on Automatic Data Processing, Raises Price Target to $142"", ""BMO Capital Maintains Market Perform on Automatic Data Processing, Lowers Price Target to $150"", ""Citigroup Maintains Neutral on Automatic Data Processing, Raises Price Target to $147"", ""Initial Jobless Claims Down, Q3 U.S. Productivity Falls"", ""Jobless Claims 214K, Productivity 2.2%; Waiting for Tim Cook"", ""CORRECTION: Wells Fargo Earlier Raised Price Target On ADP; Initial headline suggested the price target change was Credit Suisse; this was incorrect"", ""Wells Fargo Maintains Market Perform on Automatic Data Processing, Raises Price Target to $142"", ""BMO Capital Maintains Market Perform on Automatic Data Processing, Lowers Price Target to $150"", ""Citigroup Maintains Neutral on Automatic Data Processing, Raises Price Target to $147"", ""Initial Jobless Claims Down, Q3 U.S. Productivity Falls"", ""Jobless Claims 214K, Productivity 2.2%; Waiting for Tim Cook""]" ADP,2018-11-02,129.253,130.584,127.33,128.907, ADP,2018-11-05,129.45,129.874,127.99,129.539,"[""Earnings From L, DO, CAN, PCG, SHO"", ""Q3 Earnings Soldier On Ahead of Election Day: L, DO, CNA & More"", ""Earnings From L, DO, CAN, PCG, SHO"", ""Q3 Earnings Soldier On Ahead of Election Day: L, DO, CNA & More"", ""Earnings From L, DO, CAN, PCG, SHO"", ""Q3 Earnings Soldier On Ahead of Election Day: L, DO, CNA & More""]" ADP,2018-11-06,129.638,131.926,129.628,131.837,"[""Automatic Data Processing declares $0.79 dividend"", ""Automatic Data Processing declares $0.79 dividend"", ""Automatic Data Processing declares $0.79 dividend""]" ADP,2018-11-07,133.336,135.979,132.793,135.831,"[""The Technology Sector Has Become A Surprising Hotbed Of Dividend Growth Stocks"", ""The Technology Sector Has Become A Surprising Hotbed Of Dividend Growth Stocks"", ""The Technology Sector Has Become A Surprising Hotbed Of Dividend Growth Stocks""]" ADP,2018-11-08,135.23,136.186,134.816,135.457, ADP,2018-11-09,134.736,135.26,133.74,134.836,"[""Ingersoll-Rand: Good Total Return And A 3-Year Forward CAGR Of 11%"", ""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $\u20135 million ..."", ""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $\u20135 million ..."", ""Ingersoll-Rand: Good Total Return And A 3-Year Forward CAGR Of 11%"", ""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $\u20135 million ..."", ""Ingersoll-Rand: Good Total Return And A 3-Year Forward CAGR Of 11%""]" ADP,2018-11-12,134.352,134.746,131.866,132.054,"[""Six Companies Growing Dividends for Shareholders"", ""Six Companies Growing Dividends for Shareholders"", ""Six Companies Growing Dividends for Shareholders""]" ADP,2018-11-13,132.783,133.603,131.018,132.567,"[""Dividend Increases: November 5-9, 2018 (Part 2: Remaining Sectors)"", ""Conduent (CNDT) in Focus: Stock Moves 6.2% Higher"", ""ADP Rides on Strategic Acquisitions and Strong Business Model"", ""ADP Rides on Strategic Acquisitions and Strong Business Model"", ""Conduent (CNDT) in Focus: Stock Moves 6.2% Higher"", ""Dividend Increases: November 5-9, 2018 (Part 2: Remaining Sectors)"", ""ADP Rides on Strategic Acquisitions and Strong Business Model"", ""Conduent (CNDT) in Focus: Stock Moves 6.2% Higher"", ""Dividend Increases: November 5-9, 2018 (Part 2: Remaining Sectors)""]" ADP,2018-11-14,133.573,134.105,130.544,130.741,"[""Square improves payroll app"", ""Intuit (INTU) to Report Q1 Earnings: What's in the Cards?"", ""Payroll stocks may suffer from improved Square Payroll app"", ""Ackman trims ADP stake"", ""13F For Ackman's Pershing Square Shows Cut Stake In ADP From ~4.23M Shares To ~4.03M Shares"", ""13F For Ackman's Pershing Square Shows Cut Stake In ADP From ~4.23M Shares To ~4.03M Shares"", ""Ackman trims ADP stake"", ""Payroll stocks may suffer from improved Square Payroll app"", ""Square improves payroll app"", ""Intuit (INTU) to Report Q1 Earnings: What's in the Cards?"", ""13F For Ackman's Pershing Square Shows Cut Stake In ADP From ~4.23M Shares To ~4.03M Shares"", ""Ackman trims ADP stake"", ""Payroll stocks may suffer from improved Square Payroll app"", ""Square improves payroll app"", ""Intuit (INTU) to Report Q1 Earnings: What's in the Cards?"", ""Square is adding benefits option to its payroll product Company hopes enhancements to services offerings will help cross-selling Square Inc. is deepening its services offerings by giving small businesses the ability to offer employee benefits through its platform.""]" ADP,2018-11-15,129.49,134.923,128.957,134.893,"[""Tracking Bill Ackman's Pershing Square Portfolio - Q3 2018 Update"", ""WEX Benefits From Organic Growth and Strategic Buyouts"", ""Barclays Initiates Coverage On Automatic Data Processing with Overweight Rating, Announces $168 Price Target"", ""Benzinga's Top Upgrades, Downgrades For November 15, 2018"", ""Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio"", ""Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio"", ""Benzinga's Top Upgrades, Downgrades For November 15, 2018"", ""Barclays Initiates Coverage On Automatic Data Processing with Overweight Rating, Announces $168 Price Target"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q3 2018 Update"", ""WEX Benefits From Organic Growth and Strategic Buyouts"", ""Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio"", ""Benzinga's Top Upgrades, Downgrades For November 15, 2018"", ""Barclays Initiates Coverage On Automatic Data Processing with Overweight Rating, Announces $168 Price Target"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q3 2018 Update"", ""WEX Benefits From Organic Growth and Strategic Buyouts""]" ADP,2018-11-16,134.865,135.397,133.199,134.234,"[""Paychex: Debt-Free Dividend Growth But Not Yet A Buy"", ""Paychex: Debt-Free Dividend Growth But Not Yet A Buy"", ""Paychex: Debt-Free Dividend Growth But Not Yet A Buy""]" ADP,2018-11-19,134.105,134.666,129.351,131.392, ADP,2018-11-20,130.831,135.013,128.366,128.73,"[""S&P Global Benefits From Acquisitions Amid Weak Issuance"", ""The Future-Proof Portfolio For Young Investors: Stability In A Volatile Period"", ""First Data Rides on Acquisitions, Integration Risks Stay"", ""The Future-Proof Portfolio For Young Investors: Stability In A Volatile Period"", ""S&P Global Benefits From Acquisitions Amid Weak Issuance"", ""First Data Rides on Acquisitions, Integration Risks Stay"", ""The Future-Proof Portfolio For Young Investors: Stability In A Volatile Period"", ""S&P Global Benefits From Acquisitions Amid Weak Issuance"", ""First Data Rides on Acquisitions, Integration Risks Stay""]" ADP,2018-11-21,129.608,130.664,127.724,129.214,"[""Insperity (NSP) Benefits From Higher Worksite Employee Growth"", ""First Data (FDC) Introduces Two Clover Devices in Argentina"", ""Bill Ackman and the Benefit of Sticking to a Strategy"", ""Bill Ackman and the Benefit of Sticking to a Strategy"", ""Insperity (NSP) Benefits From Higher Worksite Employee Growth"", ""First Data (FDC) Introduces Two Clover Devices in Argentina"", ""Bill Ackman and the Benefit of Sticking to a Strategy"", ""Insperity (NSP) Benefits From Higher Worksite Employee Growth"", ""First Data (FDC) Introduces Two Clover Devices in Argentina""]" ADP,2018-11-23,127.813,129.983,127.813,129.046,"[""Here's Why You Should Hold On to FactSet (FDS) Stock Now"", ""First Data Introduces SpendTrend Holiday Insights Dashboard"", ""First Data Introduces SpendTrend Holiday Insights Dashboard"", ""Here's Why You Should Hold On to FactSet (FDS) Stock Now"", ""First Data Introduces SpendTrend Holiday Insights Dashboard"", ""Here's Why You Should Hold On to FactSet (FDS) Stock Now""]" ADP,2018-11-26,130.831,132.586,130.081,132.508,"[""Fiserv (FISV) Rides on Strategic Business Moves, Debt High"", ""6 Reasons Why You Should Invest in Paychex (PAYX) Stock Now"", ""Martingale Asset Management L P Buys Encompass Health Corp, Automatic Data Processing Inc, ICU ..."", ""Martingale Asset Management L P Buys Encompass Health Corp, Automatic Data Processing Inc, ICU ..."", ""Fiserv (FISV) Rides on Strategic Business Moves, Debt High"", ""6 Reasons Why You Should Invest in Paychex (PAYX) Stock Now"", ""Martingale Asset Management L P Buys Encompass Health Corp, Automatic Data Processing Inc, ICU ..."", ""Fiserv (FISV) Rides on Strategic Business Moves, Debt High"", ""6 Reasons Why You Should Invest in Paychex (PAYX) Stock Now""]" ADP,2018-11-27,131.847,133.129,130.841,133.119,"[""Broadridge Brings Solution for SEC Rule 30e-3 Implementation"", ""Paychex (PAYX) to Acquire Oasis Outsourcing for $1.2 Billion"", ""Broadridge Brings Solution for SEC Rule 30e-3 Implementation"", ""Paychex (PAYX) to Acquire Oasis Outsourcing for $1.2 Billion"", ""Broadridge Brings Solution for SEC Rule 30e-3 Implementation"", ""Paychex (PAYX) to Acquire Oasis Outsourcing for $1.2 Billion""]" ADP,2018-11-28,133.631,136.176,133.266,136.126,"[""Investing In Tech Stocks With High Profitability"", ""Investing In Tech Stocks With High Profitability"", ""Investing In Tech Stocks With High Profitability""]" ADP,2018-11-29,135.298,135.684,133.473,133.593,"[""Republic Services (RSG) Rides on Internal Growth, Debt High"", ""Paychex To Acquire Oasis Outsourcing For PEO Business"", ""Paychex To Acquire Oasis Outsourcing For PEO Business"", ""Republic Services (RSG) Rides on Internal Growth, Debt High"", ""Paychex To Acquire Oasis Outsourcing For PEO Business"", ""Republic Services (RSG) Rides on Internal Growth, Debt High""]" ADP,2018-11-30,133.918,135.17,133.553,135.053,"[""My Growth And Dividend Portfolio: What I'm Going To Add In December"", ""FTI Consulting (FCN) Appoints Managing Director to GRIP"", ""FTI Consulting (FCN) Appoints Managing Director to GRIP"", ""My Growth And Dividend Portfolio: What I'm Going To Add In December"", ""FTI Consulting (FCN) Appoints Managing Director to GRIP"", ""My Growth And Dividend Portfolio: What I'm Going To Add In December""]" ADP,2018-12-03,136.67,137.084,133.169,135.043,"[""The Good Business Portfolio: Q3 2018 Earnings And Performance Review"", ""The Good Business Portfolio: Q3 2018 Earnings And Performance Review"", ""The Good Business Portfolio: Q3 2018 Earnings And Performance Review""]" ADP,2018-12-04,134.696,135.298,131.147,131.551,"[""Performance Review: Stocks That Topped My Factor-Based Quality Ranking Model"", ""5 Top Dividend Aristocrats to Buy in December"", ""Exhibiting Patience in the Face of Volatility"", ""Investors Skeptical About U.S. - China Trade Negotiation"", ""Investors Skeptical About U.S. - China Trade Negotiation"", ""Exhibiting Patience in the Face of Volatility"", ""5 Top Dividend Aristocrats to Buy in December"", ""Performance Review: Stocks That Topped My Factor-Based Quality Ranking Model"", ""Investors Skeptical About U.S. - China Trade Negotiation"", ""Exhibiting Patience in the Face of Volatility"", ""5 Top Dividend Aristocrats to Buy in December"", ""Performance Review: Stocks That Topped My Factor-Based Quality Ranking Model""]" ADP,2018-12-06,129.963,131.195,126.679,131.147,"[""23 Upcoming Dividend Increases"", ""H&R Block (HRB) Q2 Loss Widens Y/Y, Revenues Beat Estimates"", ""Economic Data Deluge"", ""Salad of Econ Data for Healthy Markets: ADP, Claims & More"", ""23 Upcoming Dividend Increases"", ""H&R Block (HRB) Q2 Loss Widens Y/Y, Revenues Beat Estimates"", ""Economic Data Deluge"", ""Salad of Econ Data for Healthy Markets: ADP, Claims & More"", ""23 Upcoming Dividend Increases"", ""H&R Block (HRB) Q2 Loss Widens Y/Y, Revenues Beat Estimates"", ""Economic Data Deluge"", ""Salad of Econ Data for Healthy Markets: ADP, Claims & More""]" ADP,2018-12-07,130.259,131.462,127.043,127.626,"[""6 Reasons Why You Should Invest in Automatic Data Processing"", ""6 Reasons Why You Should Invest in Automatic Data Processing"", ""6 Reasons Why You Should Invest in Automatic Data Processing""]" ADP,2018-12-10,127.902,128.513,125.209,128.0,"[""Here's Why You Should Hold WEX Stock in Your Portfolio Now"", ""Guggenheim Sees More Consolidation Ahead In The PEO Space"", ""Guggenheim Sees More Consolidation Ahead In The PEO Space"", ""Here's Why You Should Hold WEX Stock in Your Portfolio Now"", ""Guggenheim Sees More Consolidation Ahead In The PEO Space"", ""Here's Why You Should Hold WEX Stock in Your Portfolio Now""]" ADP,2018-12-11,129.805,130.397,127.053,128.227,"[""Interpublic (IPG) Stock Up 13.6% Year to Date: Here's Why"", ""Interpublic (IPG) Stock Up 13.6% Year to Date: Here's Why"", ""Interpublic (IPG) Stock Up 13.6% Year to Date: Here's Why""]" ADP,2018-12-12,130.534,130.664,127.724,127.843,"[""HP Inc.: Income Play With Total Return Gain From Share Buybacks"", ""Stocks That Will Be Trading Ex Dividend Thurs., Dec. 13, 2018"", ""Stocks That Will Be Trading Ex Dividend Thurs., Dec. 13, 2018"", ""HP Inc.: Income Play With Total Return Gain From Share Buybacks"", ""Stocks That Will Be Trading Ex Dividend Thurs., Dec. 13, 2018"", ""HP Inc.: Income Play With Total Return Gain From Share Buybacks""]" ADP,2018-12-13,128.583,128.583,125.979,127.31,"[""Accenture Opens 11th North America Innovation Hub in Atlanta"", ""Accenture Opens 11th North America Innovation Hub in Atlanta"", ""Accenture Opens 11th North America Innovation Hub in Atlanta""]" ADP,2018-12-14,125.939,126.57,124.007,124.204,"[""Here's Why You Should Hold Waste Connections (WCN) Stock Now"", ""Why Automatic Data Processing (ADP) is a Great Dividend Stock Right Now"", ""Why Automatic Data Processing (ADP) is a Great Dividend Stock Right Now"", ""Here's Why You Should Hold Waste Connections (WCN) Stock Now"", ""Why Automatic Data Processing (ADP) is a Great Dividend Stock Right Now"", ""Here's Why You Should Hold Waste Connections (WCN) Stock Now""]" ADP,2018-12-17,124.075,125.219,121.255,122.034,"[""Dividend Growth 50: Beating The Market In Year 4 Makes For An Even Happier Birthday - Part 1"", ""Dividend Growth 50: Beating The Market In Year 4 Makes For An Even Happier Birthday - Part 1"", ""Dividend Growth 50: Beating The Market In Year 4 Makes For An Even Happier Birthday - Part 1""]" ADP,2018-12-18,123.217,123.898,119.203,119.756, ADP,2018-12-19,119.696,123.572,118.691,120.042,"[""Top Analyst Reports for Eli Lilly, Mitsubishi UFJ & Thermo Fisher"", ""Top Analyst Reports for Eli Lilly, Mitsubishi UFJ & Thermo Fisher"", ""Top Analyst Reports for Eli Lilly, Mitsubishi UFJ & Thermo Fisher""]" ADP,2018-12-20,119.509,120.811,118.149,120.022,"[""Omega Healthcare Investors: Buy This Income REIT Because Of Its Growing Business Sector"", ""Looking For A Safe, Above Market Yield? Try Automatic Data Processing."", ""Stocks Showing Improving Market Leadership: Automatic Data Processng Earns 82 RS Rating"", ""Omega Healthcare Investors: Buy This Income REIT Because Of Its Growing Business Sector"", ""Looking For A Safe, Above Market Yield? Try Automatic Data Processing."", ""Stocks Showing Improving Market Leadership: Automatic Data Processng Earns 82 RS Rating"", ""Omega Healthcare Investors: Buy This Income REIT Because Of Its Growing Business Sector"", ""Looking For A Safe, Above Market Yield? Try Automatic Data Processing."", ""Stocks Showing Improving Market Leadership: Automatic Data Processng Earns 82 RS Rating""]" ADP,2018-12-21,119.529,121.57,115.317,115.495,"[""Automatic Data Processing Enters Oversold Territory"", ""BR or G: Which Outsourcing Services Firm is Better Placed?"", ""WEX Appoints Global Payments Veteran Susan Sobbott to Board"", ""WEX Appoints Global Payments Veteran Susan Sobbott to Board"", ""BR or G: Which Outsourcing Services Firm is Better Placed?"", ""Automatic Data Processing Enters Oversold Territory"", ""WEX Appoints Global Payments Veteran Susan Sobbott to Board"", ""BR or G: Which Outsourcing Services Firm is Better Placed?"", ""Automatic Data Processing Enters Oversold Territory""]" ADP,2018-12-24,115.18,116.303,112.241,112.359, ADP,2018-12-26,113.573,117.715,111.836,117.645,"[""Here's Why You Should Hold on to FTI Consulting (FCN) Stock"", ""Why Should You Hold Broadridge (BR) Stock in Your Portfolio?"", ""Here's Why You Should Hold on to FTI Consulting (FCN) Stock"", ""Why Should You Hold Broadridge (BR) Stock in Your Portfolio?"", ""Here's Why You Should Hold on to FTI Consulting (FCN) Stock"", ""Why Should You Hold Broadridge (BR) Stock in Your Portfolio?""]" ADP,2018-12-27,115.674,119.539,114.666,119.509, ADP,2018-12-28,119.835,120.919,117.705,119.055,"[""FISV or WEX: Which Financial Services Firm is Better Placed?"", ""ADP or PAYX: Which Outsourcing Services Firm is a Better Buy?"", ""Paychex Rides on Tax Cut, Acquisitions, Strong Cash Position"", ""Paychex Rides on Tax Cut, Acquisitions, Strong Cash Position"", ""ADP or PAYX: Which Outsourcing Services Firm is a Better Buy?"", ""FISV or WEX: Which Financial Services Firm is Better Placed?"", ""Paychex Rides on Tax Cut, Acquisitions, Strong Cash Position"", ""ADP or PAYX: Which Outsourcing Services Firm is a Better Buy?"", ""FISV or WEX: Which Financial Services Firm is Better Placed?""]" ADP,2018-12-31,119.835,120.85,119.155,120.801,"[""Automatic Data Processing Enters Oversold Territory"", ""Why Should You Hold Aptiv (APTV) Stock in Your Portfolio?"", ""Why Should You Hold Aptiv (APTV) Stock in Your Portfolio?"", ""Automatic Data Processing Enters Oversold Territory"", ""Why Should You Hold Aptiv (APTV) Stock in Your Portfolio?"", ""Automatic Data Processing Enters Oversold Territory""]" ADP,2019-01-02,118.996,120.485,118.484,119.883,"[""Anywhere to Go But Up?"", ""Anywhere to Go But Up?"", ""Anywhere to Go But Up?""]" ADP,2019-01-03,118.394,119.105,116.116,116.265,"[""Q4 2018 Portfolio Review"", ""Ahead Of Today's Opening Bell"", ""Ahead Of Today's Opening Bell"", ""Q4 2018 Portfolio Review"", ""Ahead Of Today's Opening Bell"", ""Q4 2018 Portfolio Review"", ""Stock market opens lower as rare forecast cut by Apple unsettles Wall Street U.S.stock indexes opened solidly lower Thursday as investors got their first chance to react to a late-Wednesday announcement from Apple Inc. The iPhone maker cut its sales forecast, citing softness in China's economy, underscoring fears that the world's second-largest economy is contracting. The Dow Jones Industrial Average declined 240 points, or 1.1%, at 23,103, the S&P 500 index fell 0.7% at 2,494, and the technology and internet-heavy Nasdaq Composite Index declined by 1.2% at 6,588. Shares of Apple Inc. were down 8.4% . By dint of its outsize market value and its share price, Apple's stock-price moves are influential in the Nasdaq and S&P 500 and the price-weighted Dow. On the data front, private-sector employment jumped in December, as employers added a better-than-expected 271,000 jobs, Automatic Data Processing reported. In corporate news, Bristol-Myers Squibb Co. announced a $74 billion cash-and-stock acquisition of Celgene Corp ."", ""Gold posts back-to-back gains as stock market declines Silver prices pivot higher after ADP report Gold futures on Thursday climb for a second straight session to the highest finish in more than six months as U.S. stocks decline and the dollar softens.""]" ADP,2019-01-04,118.286,121.047,117.498,120.899,"[""Stock Market News For Jan 4, 2019"", ""Blockbuster Jobs Numbers Don't Scare the Market!"", ""Daniel Loeb, Bill Ackman Post Losses for the Year"", ""Daniel Loeb, Bill Ackman Post Losses for the Year"", ""Blockbuster Jobs Numbers Don't Scare the Market!"", ""Stock Market News For Jan 4, 2019"", ""Daniel Loeb, Bill Ackman Post Losses for the Year"", ""Blockbuster Jobs Numbers Don't Scare the Market!"", ""Stock Market News For Jan 4, 2019""]" ADP,2019-01-07,120.673,121.727,119.292,120.239,"[""Automatic Data Processng Reaches 80-Plus Relative Strength Rating Benchmark"", ""Philip Morris International: Great High Dividend Income Yield Of 6.7% With An Inelastic Priced Product"", ""Philip Morris International: Great High Dividend Income Yield Of 6.7% With An Inelastic Priced Product"", ""Automatic Data Processng Reaches 80-Plus Relative Strength Rating Benchmark"", ""Philip Morris International: Great High Dividend Income Yield Of 6.7% With An Inelastic Priced Product"", ""Automatic Data Processng Reaches 80-Plus Relative Strength Rating Benchmark""]" ADP,2019-01-08,121.126,121.994,118.898,120.959,"[""Dividend Growth 50: More In Year 4, With Income Up 10% - Part 2"", ""ADP partners with ZipRecruiter"", ""Dividend Growth 50: More In Year 4, With Income Up 10% - Part 2"", ""ADP partners with ZipRecruiter"", ""Dividend Growth 50: More In Year 4, With Income Up 10% - Part 2"", ""ADP partners with ZipRecruiter""]" ADP,2019-01-09,121.472,121.472,119.262,121.067, ADP,2019-01-10,120.229,122.143,120.219,122.024,"[""Lockheed Martin: Steady Dividend Increases And Share Buybacks Will Drive Stock Price"", ""Automatic Data Processng Shows Market Leadership With Jump To 83 RS Rating"", ""Lockheed Martin: Steady Dividend Increases And Share Buybacks Will Drive Stock Price"", ""Automatic Data Processng Shows Market Leadership With Jump To 83 RS Rating"", ""Lockheed Martin: Steady Dividend Increases And Share Buybacks Will Drive Stock Price"", ""Automatic Data Processng Shows Market Leadership With Jump To 83 RS Rating""]" ADP,2019-01-11,121.413,121.6,120.377,121.274,"[""ADP Canada and Blue J Legal to Offer AI-based HR Foresight"", ""ADP Canada and Blue J Legal to Offer AI-based HR Foresight"", ""ADP Canada and Blue J Legal to Offer AI-based HR Foresight""]" ADP,2019-01-14,119.903,121.274,119.756,120.594,"[""Mondelez: Good Income But Slow Growth For This Food Company"", ""Mondelez: Good Income But Slow Growth For This Food Company"", ""Mondelez: Good Income But Slow Growth For This Food Company""]" ADP,2019-01-15,120.643,122.724,120.643,121.896,"[""Automatic Data Processing declares $0.79 dividend"", ""Automatic Data Processing declares $0.79 dividend"", ""Automatic Data Processing declares $0.79 dividend""]" ADP,2019-01-16,122.211,123.02,121.452,122.31,"[""Texas Instruments: Great Total Return With Last Dividend Increase Of 24%"", ""Tech Sector Earnings: Revenue Growth Widely Expected To Slow, Will Global Uncertainty Weigh?"", ""Tech Sector Earnings: Revenue Growth Widely Expected To Slow, Will Global Uncertainty Weigh?"", ""Texas Instruments: Great Total Return With Last Dividend Increase Of 24%"", ""Tech Sector Earnings: Revenue Growth Widely Expected To Slow, Will Global Uncertainty Weigh?"", ""Texas Instruments: Great Total Return With Last Dividend Increase Of 24%""]" ADP,2019-01-17,121.709,123.207,121.64,122.478,"[""How Safe Is Automatic Data Processing's Dividend?"", ""How Safe Is Automatic Data Processing's Dividend?"", ""How Safe Is Automatic Data Processing's Dividend?""]" ADP,2019-01-18,123.671,124.707,122.566,124.529, ADP,2019-01-22,123.434,123.928,121.63,122.685,"[""Stocks Showing Rising Market Leadership: Automatic Data Processng Earns 83 RS Rating"", ""Stocks Showing Rising Market Leadership: Automatic Data Processng Earns 83 RS Rating"", ""Stocks Showing Rising Market Leadership: Automatic Data Processng Earns 83 RS Rating""]" ADP,2019-01-23,123.09,124.035,122.201,123.828,"[""Automatic Data Processing (ADP) Reports Next Week: Wall Street Expects Earnings Growth"", ""Automatic Data Processing (ADP) Reports Next Week: Wall Street Expects Earnings Growth"", ""Automatic Data Processing (ADP) Reports Next Week: Wall Street Expects Earnings Growth""]" ADP,2019-01-24,124.065,125.012,123.326,124.144, ADP,2019-01-25,125.318,125.969,124.598,125.653,"[""Buy Johnson & Johnson For Safe Increasing Income With Dividend Increase Coming In April"", ""Automatic Data Processing (ADP) Q2 Earnings: What's in Store?"", ""Buy Johnson & Johnson For Safe Increasing Income With Dividend Increase Coming In April"", ""Automatic Data Processing (ADP) Q2 Earnings: What's in Store?"", ""Buy Johnson & Johnson For Safe Increasing Income With Dividend Increase Coming In April"", ""Automatic Data Processing (ADP) Q2 Earnings: What's in Store?""]" ADP,2019-01-28,124.332,125.032,123.701,124.815,"[""Employers Holdings - Sustainable Growth"", ""Buy Realty Income Corp. For Safe, Increasing Monthly Income Of 4.2%/Year"", ""Employers Holdings - Sustainable Growth"", ""Buy Realty Income Corp. For Safe, Increasing Monthly Income Of 4.2%/Year"", ""Employers Holdings - Sustainable Growth"", ""Buy Realty Income Corp. For Safe, Increasing Monthly Income Of 4.2%/Year""]" ADP,2019-01-29,124.697,125.179,123.217,123.444,"[""Automatic Data Processing: Great Total Return - Buy The Dip"", ""Automatic Data Processing: Great Total Return - Buy The Dip"", ""Automatic Data Processing: Great Total Return - Buy The Dip""]" ADP,2019-01-30,126.215,129.707,124.371,128.434,"[""Automatic Data Processing beats by $0.16, beats on revenue"", ""Automatic Data Processing (ADP) Beats Q2 Earnings and Revenue Estimates"", ""Paycom (PAYC) to Report Q4 Earnings: What's in the Cards?"", ""Robust Private Sector Payroll Data For December 2018"", ""Automatic Data Processing, Inc. 2019 Q2 - Results - Earnings Call Slides"", ""ADP Q2 Earnings, Revenues Surpass Estimates, 2019 EPS View Up"", ""Earnings Scheduled For January 30, 2019"", ""Automatic Data Q2 Adj. EPS $1.20 Beats $1.18 Estimate, Sales $3.506B Beat $3.44B Estimate"", ""Automatic Data Sees FY19 EPS Up 18%-20%"", ""ADP shares are trading higher after the company announced better than expected Q4 EPS and revenue results. The company expects 2019 EPS to increase 18% to 20%."", ""ADP shares are trading higher after the company announced better than expected Q4 EPS and revenue results. The company expects 2019 EPS to increase 18% to 20%."", ""Automatic Data Sees FY19 EPS Up 18%-20%"", ""Automatic Data Q2 Adj. EPS $1.20 Beats $1.18 Estimate, Sales $3.506B Beat $3.44B Estimate"", ""Earnings Scheduled For January 30, 2019"", ""ADP Q2 Earnings, Revenues Surpass Estimates, 2019 EPS View Up"", ""Automatic Data Processing, Inc. 2019 Q2 - Results - Earnings Call Slides"", ""Robust Private Sector Payroll Data For December 2018"", ""Paycom (PAYC) to Report Q4 Earnings: What's in the Cards?"", ""Automatic Data Processing (ADP) Beats Q2 Earnings and Revenue Estimates"", ""Automatic Data Processing beats by $0.16, beats on revenue"", ""ADP shares are trading higher after the company announced better than expected Q4 EPS and revenue results. The company expects 2019 EPS to increase 18% to 20%."", ""Automatic Data Sees FY19 EPS Up 18%-20%"", ""Automatic Data Q2 Adj. EPS $1.20 Beats $1.18 Estimate, Sales $3.506B Beat $3.44B Estimate"", ""Earnings Scheduled For January 30, 2019"", ""ADP Q2 Earnings, Revenues Surpass Estimates, 2019 EPS View Up"", ""Automatic Data Processing, Inc. 2019 Q2 - Results - Earnings Call Slides"", ""Robust Private Sector Payroll Data For December 2018"", ""Paycom (PAYC) to Report Q4 Earnings: What's in the Cards?"", ""Automatic Data Processing (ADP) Beats Q2 Earnings and Revenue Estimates"", ""Automatic Data Processing beats by $0.16, beats on revenue""]" ADP,2019-01-31,127.892,130.012,127.25,128.829,"[""Automatic Data Processing, Inc (ADP) CEO Carlos Rodriguez on Q2 2019 Results -EarningsCallTranscript"", ""Automatic Data Processing: Shares Ready To Rally"", ""Company News For Jan 31, 2019"", ""Jobless Claims Shoot Up to 253K, Q4 Earnings Solid: GE, UPS, MA"", ""Strong Q4 2018 Earnings Results"", ""Strong Q4 2018 Earnings Results"", ""Jobless Claims Shoot Up to 253K, Q4 Earnings Solid: GE, UPS, MA"", ""Company News For Jan 31, 2019"", ""Automatic Data Processing: Shares Ready To Rally"", ""Automatic Data Processing, Inc (ADP) CEO Carlos Rodriguez on Q2 2019 Results -EarningsCallTranscript"", ""Strong Q4 2018 Earnings Results"", ""Jobless Claims Shoot Up to 253K, Q4 Earnings Solid: GE, UPS, MA"", ""Company News For Jan 31, 2019"", ""Automatic Data Processing: Shares Ready To Rally"", ""Automatic Data Processing, Inc (ADP) CEO Carlos Rodriguez on Q2 2019 Results -EarningsCallTranscript""]" ADP,2019-02-01,128.72,130.544,128.72,130.476,"[""ADP (ADP) Moves to Buy: Rationale Behind the Upgrade"", ""Non-Farm Payrolls Preview: When The Facts Change So Will The Perception"", ""Non-Farm Payrolls Preview: When The Facts Change So Will The Perception"", ""ADP (ADP) Moves to Buy: Rationale Behind the Upgrade"", ""Non-Farm Payrolls Preview: When The Facts Change So Will The Perception"", ""ADP (ADP) Moves to Buy: Rationale Behind the Upgrade""]" ADP,2019-02-04,130.584,132.369,130.249,132.311,"[""Automatic Data Processing Gets A Catalyst From Revised Outlook"", ""McDonald's: Dividend Aristocrat For Dividend Income Growth"", ""How To Construct A Crash-Resistant Income Portfolio"", ""Automatic Data Processing Gets A Catalyst From Revised Outlook"", ""McDonald's: Dividend Aristocrat For Dividend Income Growth"", ""How To Construct A Crash-Resistant Income Portfolio"", ""Automatic Data Processing Gets A Catalyst From Revised Outlook"", ""McDonald's: Dividend Aristocrat For Dividend Income Growth"", ""How To Construct A Crash-Resistant Income Portfolio""]" ADP,2019-02-05,133.593,134.027,132.774,133.829, ADP,2019-02-06,133.573,134.589,133.199,134.065,"[""Boeing Is 15.4% Of The Good Business Portfolio; Hold, Sell, Trim Or Buy?"", ""Why Hold Strategy is Apt for IHS Markit (INFO) Right Now"", ""Accenture to Improve Mining Skills, Focus on South Africa"", ""Boeing Is 15.4% Of The Good Business Portfolio; Hold, Sell, Trim Or Buy?"", ""Why Hold Strategy is Apt for IHS Markit (INFO) Right Now"", ""Accenture to Improve Mining Skills, Focus on South Africa"", ""Boeing Is 15.4% Of The Good Business Portfolio; Hold, Sell, Trim Or Buy?"", ""Why Hold Strategy is Apt for IHS Markit (INFO) Right Now"", ""Accenture to Improve Mining Skills, Focus on South Africa""]" ADP,2019-02-07,132.675,134.391,132.596,134.194,"[""Analysts Divided Over Paylocity Valuation Following 'Clean Beat-And-Raise' Q2"", ""Analysts Divided Over Paylocity Valuation Following 'Clean Beat-And-Raise' Q2"", ""Analysts Divided Over Paylocity Valuation Following 'Clean Beat-And-Raise' Q2""]" ADP,2019-02-08,132.952,135.288,132.695,135.25,"[""Walt Disney: Content Is The Driver, ESPN+ Now Has 2 Million Subscribers"", ""Is Automatic Data Processing (ADP) Stock Outpacing Its Business Services Peers This Year?"", ""Walt Disney: Content Is The Driver, ESPN+ Now Has 2 Million Subscribers"", ""Is Automatic Data Processing (ADP) Stock Outpacing Its Business Services Peers This Year?"", ""Walt Disney: Content Is The Driver, ESPN+ Now Has 2 Million Subscribers"", ""Is Automatic Data Processing (ADP) Stock Outpacing Its Business Services Peers This Year?""]" ADP,2019-02-11,135.584,136.098,135.23,135.881,"[""IBD Stock Of The Day Insperity Surges Into Buy Zone On Strong Earnings, Outlook"", ""Proper Portfolio Diversification - Have We Become A 'Fly In A Bottle'?"", ""Genpact (G) Catches Eye: Stock Jumps 6.6%"", ""IBD Stock Of The Day Insperity Surges Into Buy Zone On Strong Earnings, Outlook"", ""Genpact (G) Catches Eye: Stock Jumps 6.6%"", ""Proper Portfolio Diversification - Have We Become A 'Fly In A Bottle'?"", ""IBD Stock Of The Day Insperity Surges Into Buy Zone On Strong Earnings, Outlook"", ""Genpact (G) Catches Eye: Stock Jumps 6.6%"", ""Proper Portfolio Diversification - Have We Become A 'Fly In A Bottle'?""]" ADP,2019-02-12,136.994,138.129,136.6,137.715, ADP,2019-02-13,138.198,139.441,138.089,138.592,"[""Digital Realty Trust: A Growing Computer Infrastructure REIT With A Dividend Increase In March"", ""What Are The Trends In 13Fs Showing Us?"", ""What Are The Trends In 13Fs Showing Us?"", ""Digital Realty Trust: A Growing Computer Infrastructure REIT With A Dividend Increase In March"", ""What Are The Trends In 13Fs Showing Us?"", ""Digital Realty Trust: A Growing Computer Infrastructure REIT With A Dividend Increase In March""]" ADP,2019-02-14,137.833,138.198,136.413,136.492,"[""Barnes Group: Total Return Investment In The Aerospace Business"", ""13F From Ackman's Pershing Square Shows Raised Stakes In ADP, Lowe's, United Technologies"", ""13F From Ackman's Pershing Square Shows Raised Stakes In ADP, Lowe's, United Technologies"", ""Barnes Group: Total Return Investment In The Aerospace Business"", ""13F From Ackman's Pershing Square Shows Raised Stakes In ADP, Lowe's, United Technologies"", ""Barnes Group: Total Return Investment In The Aerospace Business""]" ADP,2019-02-15,137.764,138.474,136.747,137.872,"[""Here's Why Momentum Investors Will Love Automatic Data Processing (ADP)"", ""Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios"", ""Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios"", ""Here's Why Momentum Investors Will Love Automatic Data Processing (ADP)"", ""Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios"", ""Here's Why Momentum Investors Will Love Automatic Data Processing (ADP)""]" ADP,2019-02-19,137.271,138.681,137.271,138.474,"[""Tracking Bill Ackman's Pershing Square Portfolio - Q4 2018 Update"", ""What Are The Highest Quality Dividend Growth Stocks?"", ""Bill Ackman's Pershing Square Discloses \u2014 New Positions for 4th Quarter"", ""Northrop Grumman: Buy This Military Company For Total Return And Income"", ""Bill Ackman's Pershing Square Discloses \u2014 New Positions for 4th Quarter"", ""Northrop Grumman: Buy This Military Company For Total Return And Income"", ""What Are The Highest Quality Dividend Growth Stocks?"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q4 2018 Update"", ""Bill Ackman's Pershing Square Discloses \u2014 New Positions for 4th Quarter"", ""Northrop Grumman: Buy This Military Company For Total Return And Income"", ""What Are The Highest Quality Dividend Growth Stocks?"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q4 2018 Update""]" ADP,2019-02-20,138.77,138.819,137.685,138.681,"[""Why I Look For Dividend Growth, Not Just Dividend Safety"", ""Fiserv Rides on Strategic Buyouts, Integration Risks Stay"", ""Verisk Analytics (VRSK) Misses on Q4 Earnings, Beats Revenues"", ""The Good Business Portfolio Will Not Buy Amazon"", ""The Good Business Portfolio Will Not Buy Amazon"", ""Verisk Analytics (VRSK) Misses on Q4 Earnings, Beats Revenues"", ""Fiserv Rides on Strategic Buyouts, Integration Risks Stay"", ""Why I Look For Dividend Growth, Not Just Dividend Safety"", ""The Good Business Portfolio Will Not Buy Amazon"", ""Verisk Analytics (VRSK) Misses on Q4 Earnings, Beats Revenues"", ""Fiserv Rides on Strategic Buyouts, Integration Risks Stay"", ""Why I Look For Dividend Growth, Not Just Dividend Safety""]" ADP,2019-02-21,138.336,139.569,137.823,139.085,"[""ATTO vs. ADP: Which Stock Is the Better Value Option?"", ""Insperity (NSP) Benefits From Higher Worksite Employee Growth"", ""ATTO vs. ADP: Which Stock Is the Better Value Option?"", ""Insperity (NSP) Benefits From Higher Worksite Employee Growth"", ""ATTO vs. ADP: Which Stock Is the Better Value Option?"", ""Insperity (NSP) Benefits From Higher Worksite Employee Growth""]" ADP,2019-02-22,139.677,141.156,139.312,141.126,"The best way to get rich is to invest in good bosses Companies that treat employees well have higher stock-market returns, Merrill strategist finds It turns out that an easy way to beat the market for the last five years has been to bet on companies with good bosses, as reported on reviews posted on Glassdoor.com, writes Tim Mullaney." ADP,2019-02-25,141.926,142.36,140.239,140.466,"[""Harris: Buy This Military Company For Total Return And Growth"", ""Harris: Buy This Military Company For Total Return And Growth"", ""Harris: Buy This Military Company For Total Return And Growth""]" ADP,2019-02-26,140.505,141.343,140.259,140.832,"[""Verisk (VRSK) Rides on Organic Growth & Buyouts, Debt High"", ""Verisk (VRSK) Rides on Organic Growth & Buyouts, Debt High"", ""Verisk (VRSK) Rides on Organic Growth & Buyouts, Debt High""]" ADP,2019-02-27,140.091,141.334,139.716,140.929,"[""Visa: Buy This Total Return Company With Good Forward Growth"", ""Visa: Buy This Total Return Company With Good Forward Growth"", ""Visa: Buy This Total Return Company With Good Forward Growth""]" ADP,2019-02-28,140.634,141.453,140.308,140.979, ADP,2019-03-01,142.093,142.251,141.097,141.767,"[""Charles River Associates' (CRAI) Earnings Beat Estimates in Q4"", ""6 Reasons Why Automatic Data Processing (ADP) Stock is a Buy"", ""Stericycle (SRCL) Down on Tepid View Despite Q4 Earnings Beat"", ""Charles River Associates' (CRAI) Earnings Beat Estimates in Q4"", ""6 Reasons Why Automatic Data Processing (ADP) Stock is a Buy"", ""Stericycle (SRCL) Down on Tepid View Despite Q4 Earnings Beat"", ""Charles River Associates' (CRAI) Earnings Beat Estimates in Q4"", ""6 Reasons Why Automatic Data Processing (ADP) Stock is a Buy"", ""Stericycle (SRCL) Down on Tepid View Despite Q4 Earnings Beat""]" ADP,2019-03-04,141.767,142.163,139.499,141.206,"[""Kforce Agrees to Sell Federal Government Solutions to ManTech"", ""The Good Business Portfolio: 2018 4th Quarter Earnings And Performance Review"", ""Waste Connections (WCN) Rides on Acquisitions Amid Debt Woes"", ""Broadridge: A Dominant FinTech Firm Hiding In Plain Sight"", ""Broadridge: A Dominant FinTech Firm Hiding In Plain Sight"", ""Waste Connections (WCN) Rides on Acquisitions Amid Debt Woes"", ""The Good Business Portfolio: 2018 4th Quarter Earnings And Performance Review"", ""Kforce Agrees to Sell Federal Government Solutions to ManTech"", ""Broadridge: A Dominant FinTech Firm Hiding In Plain Sight"", ""Waste Connections (WCN) Rides on Acquisitions Amid Debt Woes"", ""The Good Business Portfolio: 2018 4th Quarter Earnings And Performance Review"", ""Kforce Agrees to Sell Federal Government Solutions to ManTech""]" ADP,2019-03-05,141.373,141.482,140.348,140.614,"[""Stericycle (SRCL) Rides on Acquisitions as Debt Woes Linger"", ""Verisk's Geomni Unveils Aerial Imagery Subscription Service"", ""Stericycle (SRCL) Rides on Acquisitions as Debt Woes Linger"", ""Verisk's Geomni Unveils Aerial Imagery Subscription Service"", ""Stericycle (SRCL) Rides on Acquisitions as Debt Woes Linger"", ""Verisk's Geomni Unveils Aerial Imagery Subscription Service""]" ADP,2019-03-06,140.456,141.265,140.18,140.505,"[""WEX Announces Completion of Discovery Benefits Acquisition"", ""IQVIA Holdings Rides on Technological Suite, Debt Woes Persist"", ""Accenture Announces Acquisition of Life Sciences Company ESP"", ""4 Stocks to Gain From the Fast-Changing American Workforce"", ""ADP In-Line at 183K; Trade Deficit -$59.8B, Lowest Since 2008"", ""Private Sector Employment Data in Focus"", ""Private Sector Employment Data in Focus"", ""ADP In-Line at 183K; Trade Deficit -$59.8B, Lowest Since 2008"", ""4 Stocks to Gain From the Fast-Changing American Workforce"", ""Accenture Announces Acquisition of Life Sciences Company ESP"", ""IQVIA Holdings Rides on Technological Suite, Debt Woes Persist"", ""WEX Announces Completion of Discovery Benefits Acquisition"", ""Private Sector Employment Data in Focus"", ""ADP In-Line at 183K; Trade Deficit -$59.8B, Lowest Since 2008"", ""4 Stocks to Gain From the Fast-Changing American Workforce"", ""Accenture Announces Acquisition of Life Sciences Company ESP"", ""IQVIA Holdings Rides on Technological Suite, Debt Woes Persist"", ""WEX Announces Completion of Discovery Benefits Acquisition""]" ADP,2019-03-07,140.15,140.722,139.006,139.292,"[""Analysis: Positioning to Benefit within Kimberly-Clark, Hoegh LNG Partners LP, Teck Resources, ..."", ""Should First Trust Capital Strength ETF (FTCS) Be on Your Investing Radar?"", ""ABM Industries (ABM) Q1 Earnings Beat, Revenues Rise Y/Y"", ""MSCI CFO lands at ADP"", ""Ingersoll-Rand: Buy With Good Total Return And Steady 11% Growth"", ""ADP Reports CFO Jan Siegmund To Step Down; Kathleen Winters Named Replacement"", ""ADP Reports CFO Jan Siegmund To Step Down; Kathleen Winters Named Replacement"", ""Ingersoll-Rand: Buy With Good Total Return And Steady 11% Growth"", ""MSCI CFO lands at ADP"", ""ABM Industries (ABM) Q1 Earnings Beat, Revenues Rise Y/Y"", ""Analysis: Positioning to Benefit within Kimberly-Clark, Hoegh LNG Partners LP, Teck Resources, ..."", ""Should First Trust Capital Strength ETF (FTCS) Be on Your Investing Radar?"", ""ADP Reports CFO Jan Siegmund To Step Down; Kathleen Winters Named Replacement"", ""Ingersoll-Rand: Buy With Good Total Return And Steady 11% Growth"", ""MSCI CFO lands at ADP"", ""ABM Industries (ABM) Q1 Earnings Beat, Revenues Rise Y/Y"", ""Analysis: Positioning to Benefit within Kimberly-Clark, Hoegh LNG Partners LP, Teck Resources, ..."", ""Should First Trust Capital Strength ETF (FTCS) Be on Your Investing Radar?"", ""ADP CFO Jan Siegmund to step down after more than 6 years in the role Automatic Data Processing Inc. said Thursday Chief Financial Officer Jan Siegmund will step down, after more than six years in the role and about 20 years at the company. The provider of human resources services named Kathleen Winters as CFO, effective when she joins the company on April 15. Winters has been CFO at MSCI Inc. since May 2016. ADP's stock, which ticked up 0.2% in light premarket trade, has soared 31.7% over the past 12 months, while the S&P 500 has gained 1.6%.""]" ADP,2019-03-08,137.991,138.504,137.181,138.217,"[""Tracking Al Gore's Generation Investment Management Portfolio - Q4 2018 Update"", ""Jobless Rate Falls To 3.8%"", ""Accenture Introduces Intelligent Digital IAM Capability"", ""Xerox To Reorganize Under Holding Company, Improve Operations"", ""Jobless Rate Falls To 3.8%"", ""Accenture Introduces Intelligent Digital IAM Capability"", ""Xerox To Reorganize Under Holding Company, Improve Operations"", ""Tracking Al Gore's Generation Investment Management Portfolio - Q4 2018 Update"", ""Jobless Rate Falls To 3.8%"", ""Accenture Introduces Intelligent Digital IAM Capability"", ""Xerox To Reorganize Under Holding Company, Improve Operations"", ""Tracking Al Gore's Generation Investment Management Portfolio - Q4 2018 Update""]" ADP,2019-03-11,138.77,140.003,138.01,139.923, ADP,2019-03-12,140.505,141.492,139.923,140.732,"[""Waste Management's Subsidiary Buys Petro Waste Environmental"", ""Why You Should Retain Verisk Analytics (VRSK) Stock for Now"", ""Waste Management's Subsidiary Buys Petro Waste Environmental"", ""Why You Should Retain Verisk Analytics (VRSK) Stock for Now"", ""Waste Management's Subsidiary Buys Petro Waste Environmental"", ""Why You Should Retain Verisk Analytics (VRSK) Stock for Now""]" ADP,2019-03-13,141.413,142.586,140.949,141.522,"[""ABM Rides on Vision 2020 and GCA Buyout, Suffers Debt Woes"", ""First Data (FDC) to Snap Up Leading Brazilian EFT Brand"", ""Broadridge Financial Poised For Revenue Recovery, Raymond James Says In Upgrade"", ""Broadridge Financial Poised For Revenue Recovery, Raymond James Says In Upgrade"", ""ABM Rides on Vision 2020 and GCA Buyout, Suffers Debt Woes"", ""First Data (FDC) to Snap Up Leading Brazilian EFT Brand"", ""Broadridge Financial Poised For Revenue Recovery, Raymond James Says In Upgrade"", ""ABM Rides on Vision 2020 and GCA Buyout, Suffers Debt Woes"", ""First Data (FDC) to Snap Up Leading Brazilian EFT Brand""]" ADP,2019-03-14,141.984,142.31,141.009,142.153, ADP,2019-03-15,141.689,143.868,141.373,143.82,"[""IHS Markit's (INFO) OPIS and GLX Collaborate on LNG Indices"", ""IHS Markit's (INFO) OPIS and GLX Collaborate on LNG Indices"", ""IHS Markit's (INFO) OPIS and GLX Collaborate on LNG Indices""]" ADP,2019-03-18,143.82,144.263,142.646,143.257,"[""7 GARP Stocks to Scoop Up for Maximum Returns"", ""Automatic Data Processing (ADP) Hits a New 52-Week High"", ""Here's Why You Should Retain Waste Connections (WCN) Now"", ""Here's Why You Should Retain Waste Connections (WCN) Now"", ""Automatic Data Processing (ADP) Hits a New 52-Week High"", ""7 GARP Stocks to Scoop Up for Maximum Returns"", ""Here's Why You Should Retain Waste Connections (WCN) Now"", ""Automatic Data Processing (ADP) Hits a New 52-Week High"", ""7 GARP Stocks to Scoop Up for Maximum Returns""]" ADP,2019-03-19,143.524,143.691,142.429,143.198, ADP,2019-03-20,143.001,143.514,142.133,142.626,"[""Bill Ackman's Pershing Square Year-To-Date Return Is 31.9%"", ""Bill Ackman's Pershing Square Year-To-Date Return Is 31.9%"", ""Bill Ackman's Pershing Square Year-To-Date Return Is 31.9%""]" ADP,2019-03-21,142.084,144.49,142.084,143.848, ADP,2019-03-22,143.464,143.81,142.291,142.419, ADP,2019-03-25,142.123,142.803,141.453,142.36, ADP,2019-03-26,143.622,144.707,142.823,144.638,"[""IHS Markit (INFO) Q1 Earnings Surpass Estimates, Revenue Lag"", ""IHS Markit (INFO) Q1 Earnings Surpass Estimates, Revenue Lag"", ""IHS Markit (INFO) Q1 Earnings Surpass Estimates, Revenue Lag"", ""These 20 stocks may give you the best shot to cash in on fast-rising dividends Some Dividend Aristocrats have been raising their payouts by 10% or more Some Dividend Aristocrats have been raising their payouts by 10% or more.""]" ADP,2019-03-27,144.845,145.624,143.514,145.2,"[""Bill Ackman Comments on Automatic Data Processing"", ""Bill Ackman Comments on Automatic Data Processing"", ""Bill Ackman Comments on Automatic Data Processing""]" ADP,2019-03-28,145.417,146.808,145.269,146.659,"[""Equifax (EFX) and FICO Team Up for Data Decisions Cloud"", ""Equifax (EFX) and FICO Team Up for Data Decisions Cloud"", ""Equifax (EFX) and FICO Team Up for Data Decisions Cloud""]" ADP,2019-03-29,147.685,148.079,146.886,147.922, ADP,2019-04-01,149.273,150.308,148.149,150.072,"[""IBD 50 Stocks To Watch: Why This Business Software Leader Offers A New Buy Point"", ""Paylocity Stock In Focus As Payroll Software Maker Targets Service Bureaus"", ""Interpublic (IPG) Rides on Organic Growth & Acquisitions"", ""IBD 50 Stocks To Watch: Why This Business Software Leader Offers A New Buy Point"", ""Paylocity Stock In Focus As Payroll Software Maker Targets Service Bureaus"", ""Interpublic (IPG) Rides on Organic Growth & Acquisitions"", ""IBD 50 Stocks To Watch: Why This Business Software Leader Offers A New Buy Point"", ""Paylocity Stock In Focus As Payroll Software Maker Targets Service Bureaus"", ""Interpublic (IPG) Rides on Organic Growth & Acquisitions""]" ADP,2019-04-02,150.515,150.674,148.937,149.5,"[""Verisk (VRSK) Scales New 52-Week High: What's Driving It?"", ""Durable Goods Mixed, Walgreen's (WBA) Disappoints"", ""Walgreens' Earnings & Economic Data In Focus"", ""Walgreens' Earnings & Economic Data In Focus"", ""Durable Goods Mixed, Walgreen's (WBA) Disappoints"", ""Verisk (VRSK) Scales New 52-Week High: What's Driving It?"", ""Walgreens' Earnings & Economic Data In Focus"", ""Durable Goods Mixed, Walgreen's (WBA) Disappoints"", ""Verisk (VRSK) Scales New 52-Week High: What's Driving It?""]" ADP,2019-04-03,150.427,150.427,148.613,149.174,"[""ADP: 129K Private-Sector Jobs in March, Below Estimates"", ""ADP Stock: A 'Legacy Asset' To Own For The Next 100 Years"", ""S&P Global's David Blitzer's Near 40-Year Term to End Soon"", ""Automatic Data Processing declares $0.79 dividend"", ""Automatic Data Processing declares $0.79 dividend"", ""ADP: 129K Private-Sector Jobs in March, Below Estimates"", ""S&P Global's David Blitzer's Near 40-Year Term to End Soon"", ""ADP Stock: A 'Legacy Asset' To Own For The Next 100 Years"", ""Automatic Data Processing declares $0.79 dividend"", ""ADP: 129K Private-Sector Jobs in March, Below Estimates"", ""S&P Global's David Blitzer's Near 40-Year Term to End Soon"", ""ADP Stock: A 'Legacy Asset' To Own For The Next 100 Years""]" ADP,2019-04-04,149.431,149.431,146.472,147.547,"[""Zacks.com featured highlights include: Cadence Design, LPL, Charles and Automatic Data"", ""Stock Market News For Apr 4, 2019"", ""Jobless Claims Down To Half-Century Lows"", ""Bill Ackman Trounces S&P 5\u2026\u2026 in \u2013st Quarter"", ""Jobless Claims Down to 202K, Tesla Down 9%"", ""Bill Ackman Trounces S&P 5\u2026\u2026 in \u2013st Quarter"", ""Jobless Claims Down To Half-Century Lows"", ""Jobless Claims Down to 202K, Tesla Down 9%"", ""Zacks.com featured highlights include: Cadence Design, LPL, Charles and Automatic Data"", ""Stock Market News For Apr 4, 2019"", ""Bill Ackman Trounces S&P 5\u2026\u2026 in \u2013st Quarter"", ""Jobless Claims Down To Half-Century Lows"", ""Jobless Claims Down to 202K, Tesla Down 9%"", ""Zacks.com featured highlights include: Cadence Design, LPL, Charles and Automatic Data"", ""Stock Market News For Apr 4, 2019""]" ADP,2019-04-05,148.227,148.553,147.38,148.484,"[""WEX Joins Forces With Supply Chain Technology Provider Octet"", ""Why the Earnings Surprise Streak Could Continue for ADP (ADP)"", ""WEX Joins Forces With Supply Chain Technology Provider Octet"", ""WEX Joins Forces With Supply Chain Technology Provider Octet"", ""Why the Earnings Surprise Streak Could Continue for ADP (ADP)"", ""WEX Joins Forces With Supply Chain Technology Provider Octet"", ""WEX Joins Forces With Supply Chain Technology Provider Octet"", ""Why the Earnings Surprise Streak Could Continue for ADP (ADP)""]" ADP,2019-04-08,148.119,148.71,147.123,148.583,"[""Here's Why You Should Retain Rollins (ROL) in Your Portfolio"", ""Automatic Data Processing (ADP) Is Up 3.86% in One Week: What You Should Know"", ""Top Ranked Momentum Stocks to Buy for April 8th"", ""Automatic Data Processing (ADP) Is Up 3.86% in One Week: What You Should Know"", ""Top Ranked Momentum Stocks to Buy for April 8th"", ""Here's Why You Should Retain Rollins (ROL) in Your Portfolio"", ""Automatic Data Processing (ADP) Is Up 3.86% in One Week: What You Should Know"", ""Top Ranked Momentum Stocks to Buy for April 8th"", ""Here's Why You Should Retain Rollins (ROL) in Your Portfolio""]" ADP,2019-04-09,148.001,148.77,147.36,147.863,"[""6 Reasons Why You Should Invest in MAXIMUS (MMS) Stock"", ""Univest Corp Of Pennsylvania Buys DXC Technology Co, Global Payments Inc, VF Corp, Sells SPDR ..."", ""Univest Corp Of Pennsylvania Buys DXC Technology Co, Global Payments Inc, VF Corp, Sells SPDR ..."", ""6 Reasons Why You Should Invest in MAXIMUS (MMS) Stock"", ""Univest Corp Of Pennsylvania Buys DXC Technology Co, Global Payments Inc, VF Corp, Sells SPDR ..."", ""6 Reasons Why You Should Invest in MAXIMUS (MMS) Stock""]" ADP,2019-04-10,148.286,148.927,147.853,148.553,"[""Clean Harbors Benefits From Buyouts & Operational Efficiency"", ""Accenture Targets French IT Facilitator Cirruseo Buyout"", ""Clean Harbors Benefits From Buyouts & Operational Efficiency"", ""Accenture Targets French IT Facilitator Cirruseo Buyout"", ""Clean Harbors Benefits From Buyouts & Operational Efficiency"", ""Accenture Targets French IT Facilitator Cirruseo Buyout""]" ADP,2019-04-11,149.106,149.796,148.553,149.707,"[""ADP or BR: Which Outsourcing Player is a Better Stock to Buy?"", ""ADP or BR: Which Outsourcing Player is a Better Stock to Buy?"", ""ADP or BR: Which Outsourcing Player is a Better Stock to Buy?""]" ADP,2019-04-12,150.15,151.305,149.037,151.235,"[""Why Should You Hold on to ManpowerGroup (MAN) Stock Now?"", ""Omnicom (OMC) to Report Q1 Earnings: Is a Beat in Store?"", ""Why Should You Hold on to ManpowerGroup (MAN) Stock Now?"", ""Omnicom (OMC) to Report Q1 Earnings: Is a Beat in Store?"", ""Why Should You Hold on to ManpowerGroup (MAN) Stock Now?"", ""Omnicom (OMC) to Report Q1 Earnings: Is a Beat in Store?""]" ADP,2019-04-15,150.968,151.729,150.584,151.571,"[""The Passive DGI Core Portfolio: First-Quarter 2019 Review"", ""ManpowerGroup's (MAN) Q1 Earnings: How Things Are Shaping Up"", ""The Passive DGI Core Portfolio: First-Quarter 2019 Review"", ""ManpowerGroup's (MAN) Q1 Earnings: How Things Are Shaping Up"", ""The Passive DGI Core Portfolio: First-Quarter 2019 Review"", ""ManpowerGroup's (MAN) Q1 Earnings: How Things Are Shaping Up""]" ADP,2019-04-16,152.231,152.231,149.569,150.131,"[""Automatic Data Processing And Paychex: Overvalued Dividend Stocks To Buy On A Pullback"", ""Alliance Data to Divest Epsilon to Publicis for $4.4B in Cash"", ""Hartwell J M Limited Partnership Buys Portola Pharmaceuticals Inc, Takeda Pharmaceutical Co, ..."", ""Omnicom (OMC) Surpasses Q1 Earnings and Revenue Estimates"", ""Waste Management Snaps Up Advanced Disposal for $4.9 Billion"", ""Automatic Data Processing And Paychex: Overvalued Dividend Stocks To Buy On A Pullback"", ""Alliance Data to Divest Epsilon to Publicis for $4.4B in Cash"", ""Hartwell J M Limited Partnership Buys Portola Pharmaceuticals Inc, Takeda Pharmaceutical Co, ..."", ""Omnicom (OMC) Surpasses Q1 Earnings and Revenue Estimates"", ""Waste Management Snaps Up Advanced Disposal for $4.9 Billion"", ""Automatic Data Processing And Paychex: Overvalued Dividend Stocks To Buy On A Pullback"", ""Alliance Data to Divest Epsilon to Publicis for $4.4B in Cash"", ""Hartwell J M Limited Partnership Buys Portola Pharmaceuticals Inc, Takeda Pharmaceutical Co, ..."", ""Omnicom (OMC) Surpasses Q1 Earnings and Revenue Estimates"", ""Waste Management Snaps Up Advanced Disposal for $4.9 Billion""]" ADP,2019-04-17,150.506,150.911,149.588,150.801,"[""5 Reasons Why You Should Invest in Interpublic (IPG) Stock"", ""5 Reasons Why You Should Invest in Interpublic (IPG) Stock"", ""5 Reasons Why You Should Invest in Interpublic (IPG) Stock""]" ADP,2019-04-18,151.61,151.61,150.082,150.417,"[""Providence Wealth Advisors, LLC Buys iShares Select Dividend ETF, SPDR Series Trust Portfolio ..."", ""Providence Wealth Advisors, LLC Buys iShares Select Dividend ETF, SPDR Series Trust Portfolio ..."", ""Providence Wealth Advisors, LLC Buys iShares Select Dividend ETF, SPDR Series Trust Portfolio ...""]" ADP,2019-04-22,149.687,150.387,149.401,149.933, ADP,2019-04-23,150.023,152.922,149.845,152.842, ADP,2019-04-24,153.021,153.267,151.383,151.403,"[""Automatic Data Processing (ADP) Earnings Expected to Grow: Should You Buy?"", ""Automatic Data Processing (ADP) Earnings Expected to Grow: Should You Buy?"", ""Automatic Data Processing (ADP) Earnings Expected to Grow: Should You Buy?""]" ADP,2019-04-25,150.644,152.024,149.539,151.729,"[""Automatic Data Processing: A 10-Year, Full-Cycle Analysis"", ""10 Dividend Growth Stocks For April 2019"", ""Stock Exchange: Do You Make Up False Market Narratives?"", ""Parsec Financial Management, Inc. Buys Unilever PLC, BB&T Corp, The Estee Lauder Inc, Sells ..."", ""Parsec Financial Management, Inc. Buys Unilever PLC, BB&T Corp, The Estee Lauder Inc, Sells ..."", ""Stock Exchange: Do You Make Up False Market Narratives?"", ""10 Dividend Growth Stocks For April 2019"", ""Automatic Data Processing: A 10-Year, Full-Cycle Analysis"", ""Parsec Financial Management, Inc. Buys Unilever PLC, BB&T Corp, The Estee Lauder Inc, Sells ..."", ""Stock Exchange: Do You Make Up False Market Narratives?"", ""10 Dividend Growth Stocks For April 2019"", ""Automatic Data Processing: A 10-Year, Full-Cycle Analysis""]" ADP,2019-04-26,152.251,152.251,150.654,151.59, ADP,2019-04-29,151.729,152.084,150.554,150.931,"[""Hartford Investment Management Co Buys TJX Inc, Automatic Data Processing Inc, Waste Management ..."", ""IBD 50 Stocks To Watch: Paycom Holds Gains Headed Into Earnings"", ""Will Automatic Data Processing (ADP) Beat in Q3 Earnings?"", ""Hartford Investment Management Co Buys TJX Inc, Automatic Data Processing Inc, Waste Management ..."", ""IBD 50 Stocks To Watch: Paycom Holds Gains Headed Into Earnings"", ""Will Automatic Data Processing (ADP) Beat in Q3 Earnings?"", ""Hartford Investment Management Co Buys TJX Inc, Automatic Data Processing Inc, Waste Management ..."", ""IBD 50 Stocks To Watch: Paycom Holds Gains Headed Into Earnings"", ""Will Automatic Data Processing (ADP) Beat in Q3 Earnings?"", ""Apple, Alphabet, GE, and More Stocks to Watch This Week The busiest week for first-quarter earnings includes reports from Apple, Google parent Alphabet, General Electric, General Motors, Merck, and a host of insurers.""]" ADP,2019-04-30,151.215,152.38,149.096,152.211,"[""Why Earnings Season Could Be Great for and Automatic Data Processing (ADP)"", ""Why Earnings Season Could Be Great for and Automatic Data Processing (ADP)"", ""Why Earnings Season Could Be Great for and Automatic Data Processing (ADP)""]" ADP,2019-05-01,149.086,149.273,143.277,145.831,"[""Automatic Data Processing, Inc. 2019 Q3 - Results - Earnings Call Slides"", ""3 Dividend Blue Chips You Might Want To Sell"", ""ADP Reports 275K Private-Sector Jobs, Crushing Estimates"", ""Automatic Data Processing, Inc. (ADP) CEO Carlos Rodriguez on Q3 2019 Results - Earnings Call Transcript"", ""ADP Beats Q3 Earnings Estimates, Lags Revenues, Ups '19 View"", ""Automatic Data Processing beats by $0.08, misses on revenue"", ""Automatic Data Processing (ADP) Surpasses Q3 Earnings Estimates"", ""ADP -3% as revenues miss, despite boosted profit outlook"", ""Earnings Scheduled For May 1, 2019"", ""12 Stocks To Watch For May 1, 2019"", ""ADP Raises FY19 Adj. EPS Growth Guidance From 17-19% Year Over Year To 19-20% YoY"", ""ADP Q3 Adj. EPS $1.77 Beats $1.68 Estimate, Sales $3.847B Miss $3.91B Estimate"", ""ADP shares are trading lower after the company reported mixed Q3 financial results."", ""ADP shares are trading lower after the company reported mixed Q3 financial results."", ""ADP Raises FY19 Adj. EPS Growth Guidance From 17-19% Year Over Year To 19-20% YoY"", ""ADP Q3 Adj. EPS $1.77 Beats $1.68 Estimate, Sales $3.847B Miss $3.91B Estimate"", ""12 Stocks To Watch For May 1, 2019"", ""Earnings Scheduled For May 1, 2019"", ""3 Dividend Blue Chips You Might Want To Sell"", ""Automatic Data Processing, Inc. 2019 Q3 - Results - Earnings Call Slides"", ""Automatic Data Processing, Inc. (ADP) CEO Carlos Rodriguez on Q3 2019 Results - Earnings Call Transcript"", ""Automatic Data Processing (ADP) Surpasses Q3 Earnings Estimates"", ""ADP -3% as revenues miss, despite boosted profit outlook"", ""ADP Reports 275K Private-Sector Jobs, Crushing Estimates"", ""ADP Beats Q3 Earnings Estimates, Lags Revenues, Ups '19 View"", ""ADP Beats Q3 Earnings Estimates, Lags Revenues, Ups '19 View"", ""Automatic Data Processing beats by $0.08, misses on revenue"", ""ADP shares are trading lower after the company reported mixed Q3 financial results."", ""ADP Raises FY19 Adj. EPS Growth Guidance From 17-19% Year Over Year To 19-20% YoY"", ""ADP Q3 Adj. EPS $1.77 Beats $1.68 Estimate, Sales $3.847B Miss $3.91B Estimate"", ""12 Stocks To Watch For May 1, 2019"", ""Earnings Scheduled For May 1, 2019"", ""3 Dividend Blue Chips You Might Want To Sell"", ""Automatic Data Processing, Inc. 2019 Q3 - Results - Earnings Call Slides"", ""Automatic Data Processing, Inc. (ADP) CEO Carlos Rodriguez on Q3 2019 Results - Earnings Call Transcript"", ""Automatic Data Processing (ADP) Surpasses Q3 Earnings Estimates"", ""ADP -3% as revenues miss, despite boosted profit outlook"", ""ADP Reports 275K Private-Sector Jobs, Crushing Estimates"", ""ADP Beats Q3 Earnings Estimates, Lags Revenues, Ups '19 View"", ""ADP Beats Q3 Earnings Estimates, Lags Revenues, Ups '19 View"", ""Automatic Data Processing beats by $0.08, misses on revenue""]" ADP,2019-05-02,145.811,147.409,144.263,146.709,"[""WESPAC Advisors SoCal, LLC Buys Automatic Data Processing Inc, Kinder Morgan Inc, Verizon ..."", ""German American Bancorp, Inc. Buys Vanguard Real Estate, Morgan Stanley, General Electric Co, ..."", ""Jobless Claims Steady at 230K Ahead of Friday's BLS Report"", ""Weekly Jobless Claims Remain Unchanged"", ""Citigroup Maintains Neutral on Automatic Data Processing, Inc. - Common Stock, Raises Price Target to $162"", ""Citigroup Maintains Neutral on Automatic Data Processing, Inc. - Common Stock, Raises Price Target to $162"", ""WESPAC Advisors SoCal, LLC Buys Automatic Data Processing Inc, Kinder Morgan Inc, Verizon ..."", ""German American Bancorp, Inc. Buys Vanguard Real Estate, Morgan Stanley, General Electric Co, ..."", ""Jobless Claims Steady at 230K Ahead of Friday's BLS Report"", ""Weekly Jobless Claims Remain Unchanged"", ""Citigroup Maintains Neutral on Automatic Data Processing, Inc. - Common Stock, Raises Price Target to $162"", ""WESPAC Advisors SoCal, LLC Buys Automatic Data Processing Inc, Kinder Morgan Inc, Verizon ..."", ""German American Bancorp, Inc. Buys Vanguard Real Estate, Morgan Stanley, General Electric Co, ..."", ""Jobless Claims Steady at 230K Ahead of Friday's BLS Report"", ""Weekly Jobless Claims Remain Unchanged""]" ADP,2019-05-03,147.872,148.74,146.798,148.346, ADP,2019-05-06,145.732,148.8,145.732,148.406,"[""American International Group Inc Buys Automatic Data Processing Inc, Snap-on Inc, Tyson Foods ..."", ""Barclays Maintains Overweight on Automatic Data Processing, Inc. - Common Stock, Raises Price Target to $180"", ""Barclays Maintains Overweight on Automatic Data Processing, Inc. - Common Stock, Raises Price Target to $180"", ""American International Group Inc Buys Automatic Data Processing Inc, Snap-on Inc, Tyson Foods ..."", ""Barclays Maintains Overweight on Automatic Data Processing, Inc. - Common Stock, Raises Price Target to $180"", ""American International Group Inc Buys Automatic Data Processing Inc, Snap-on Inc, Tyson Foods ...""]" ADP,2019-05-07,146.452,149.047,145.683,146.639, ADP,2019-05-08,146.305,148.149,145.92,147.409, ADP,2019-05-09,146.305,149.096,146.108,148.681,"[""Delphi Technologies (DLPH) Q1 Earnings Beat, Revenues Lag"", ""Delphi Technologies (DLPH) Q1 Earnings Beat, Revenues Lag"", ""Delphi Technologies (DLPH) Q1 Earnings Beat, Revenues Lag""]" ADP,2019-05-10,148.04,149.461,146.216,149.106,"[""Capital Advantage, Inc. Buys SPDR Select Sector Fund - Consumer Staples, Vanguard Health Care, ..."", ""Costello Asset Management, INC Buys CVS Health Corp, PepsiCo Inc, The Middleby Corp, Sells ..."", ""Roble, Belko & Company, Inc Buys Vanguard Small-Cap, Vanguard FTSE Emerging Markets, ..."", ""Equifax's (EFX) Q1 Earnings Beat Estimates, Revenues Lag"", ""Charles River Associates (CRAI) Lags Q1 Earnings Estimates"", ""Costello Asset Management, INC Buys CVS Health Corp, PepsiCo Inc, The Middleby Corp, Sells ..."", ""Capital Advantage, Inc. Buys SPDR Select Sector Fund - Consumer Staples, Vanguard Health Care, ..."", ""Roble, Belko & Company, Inc Buys Vanguard Small-Cap, Vanguard FTSE Emerging Markets, ..."", ""Charles River Associates (CRAI) Lags Q1 Earnings Estimates"", ""Equifax's (EFX) Q1 Earnings Beat Estimates, Revenues Lag"", ""Costello Asset Management, INC Buys CVS Health Corp, PepsiCo Inc, The Middleby Corp, Sells ..."", ""Capital Advantage, Inc. Buys SPDR Select Sector Fund - Consumer Staples, Vanguard Health Care, ..."", ""Roble, Belko & Company, Inc Buys Vanguard Small-Cap, Vanguard FTSE Emerging Markets, ..."", ""Charles River Associates (CRAI) Lags Q1 Earnings Estimates"", ""Equifax's (EFX) Q1 Earnings Beat Estimates, Revenues Lag""]" ADP,2019-05-13,146.699,147.912,145.388,145.624,"[""Fieldpoint Private Securities, LLC Buys iShares MSCI Emerging Index Fund, SPDR S&P 5\u2026\u2026, ..."", ""ADP Rides on Strategic Acquisitions Amid Rising Expenses"", ""Bahl & Gaynor Inc Buys Chevron Corp, Comcast Corp, Automatic Data Processing Inc, Sells ..."", ""Fieldpoint Private Securities, LLC Buys iShares MSCI Emerging Index Fund, SPDR S&P 5\u2026\u2026, ..."", ""Bahl & Gaynor Inc Buys Chevron Corp, Comcast Corp, Automatic Data Processing Inc, Sells ..."", ""ADP Rides on Strategic Acquisitions Amid Rising Expenses"", ""Fieldpoint Private Securities, LLC Buys iShares MSCI Emerging Index Fund, SPDR S&P 5\u2026\u2026, ..."", ""Bahl & Gaynor Inc Buys Chevron Corp, Comcast Corp, Automatic Data Processing Inc, Sells ..."", ""ADP Rides on Strategic Acquisitions Amid Rising Expenses""]" ADP,2019-05-14,145.91,147.991,145.703,146.798,"[""Fca Corp Buys Vanguard Short-Term Corporate Bond ETF, The Walt Disney Co, CyrusOne Inc, Sells ..."", ""ADP (ADP) Upgraded to Buy: Here's What You Should Know"", ""Fca Corp Buys Vanguard Short-Term Corporate Bond ETF, The Walt Disney Co, CyrusOne Inc, Sells ..."", ""ADP (ADP) Upgraded to Buy: Here's What You Should Know"", ""Fca Corp Buys Vanguard Short-Term Corporate Bond ETF, The Walt Disney Co, CyrusOne Inc, Sells ..."", ""ADP (ADP) Upgraded to Buy: Here's What You Should Know""]" ADP,2019-05-15,146.009,147.952,145.466,147.567, ADP,2019-05-16,147.468,150.427,146.985,149.569, ADP,2019-05-17,148.533,150.082,148.02,149.756,"[""Bill Ackman Comments on ADP"", ""Pershing Square Issues Q1 Shareholder Letter From Bill Ackman"", ""Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios"", ""Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios"", ""Pershing Square Issues Q1 Shareholder Letter From Bill Ackman"", ""Bill Ackman Comments on ADP"", ""Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios"", ""Pershing Square Issues Q1 Shareholder Letter From Bill Ackman"", ""Bill Ackman Comments on ADP""]" ADP,2019-05-20,148.257,150.714,148.257,149.401,"[""Intuit (INTU) to Report Q3 Earnings: What's in the Cards?"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q1 2019 Update"", ""Intuit (INTU) to Report Q3 Earnings: What's in the Cards?"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q1 2019 Update"", ""Intuit (INTU) to Report Q3 Earnings: What's in the Cards?"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q1 2019 Update""]" ADP,2019-05-21,150.417,151.432,149.549,150.94, ADP,2019-05-22,150.644,151.887,150.22,151.295, ADP,2019-05-23,149.776,150.289,148.277,149.204,"[""The Good Business Portfolio: Q1 2019 Earnings And Performance Review"", ""The Good Business Portfolio: Q1 2019 Earnings And Performance Review"", ""The Good Business Portfolio: Q1 2019 Earnings And Performance Review""]" ADP,2019-05-24,150.111,150.978,149.234,149.885, ADP,2019-05-28,149.983,151.62,149.608,149.766, ADP,2019-05-29,149.164,149.263,147.173,148.04,"[""Automatic Data Processing: Great Total Return - Up From The Last Report And Fully Valued"", ""Pershing Square Holdings Q1 2019 Letter To Shareholders"", ""Automatic Data Processing: Great Total Return - Up From The Last Report And Fully Valued"", ""Pershing Square Holdings Q1 2019 Letter To Shareholders"", ""Automatic Data Processing: Great Total Return - Up From The Last Report And Fully Valued"", ""Pershing Square Holdings Q1 2019 Letter To Shareholders""]" ADP,2019-05-30,148.593,149.471,147.922,149.007, ADP,2019-05-31,147.527,149.154,147.527,148.277,"[""Ceridian Gains As Payroll Processing Shifts To Cloud Service Providers"", ""ADP (ADP) Up 1.6% Since Last Earnings Report: Can It Continue?"", ""Stocks With Rising Composite Ratings: Automatic Data Processing"", ""Stocks With Rising Composite Ratings: Automatic Data Processing"", ""ADP (ADP) Up 1.6% Since Last Earnings Report: Can It Continue?"", ""Ceridian Gains As Payroll Processing Shifts To Cloud Service Providers"", ""Stocks With Rising Composite Ratings: Automatic Data Processing"", ""ADP (ADP) Up 1.6% Since Last Earnings Report: Can It Continue?"", ""Ceridian Gains As Payroll Processing Shifts To Cloud Service Providers""]" ADP,2019-06-03,148.662,149.48,143.77,144.451,"[""Tracking How Far They Fell: May 2019 Edition"", ""Tracking How Far They Fell: May 2019 Edition"", ""Tracking How Far They Fell: May 2019 Edition""]" ADP,2019-06-04,145.91,147.843,144.5,147.646,"[""Shares of several industrial companies are trading higher amid eased trade tensions after China's Commerce Ministry stated they are open to dialogue to resolve trade tensions; Mexico trade concerns also eased after Mexican officials said they could find c"", ""Shares of several industrial companies are trading higher amid eased trade tensions after China's Commerce Ministry stated they are open to dialogue to resolve trade tensions; Mexico trade concerns also eased after Mexican officials said they could find c"", ""Shares of several industrial companies are trading higher amid eased trade tensions after China's Commerce Ministry stated they are open to dialogue to resolve trade tensions; Mexico trade concerns also eased after Mexican officials said they could find c""]" ADP,2019-06-05,148.267,150.742,148.257,150.624,"[""Private Sector Payrolls Decline"", ""ADP Growth Sinks to 27K -- What's This Mean for Friday?"", ""Accenture (ACN) Completes BRIDGE Energy Group Acquisition"", ""Private Sector Payrolls Decline"", ""ADP Growth Sinks to 27K -- What's This Mean for Friday?"", ""Accenture (ACN) Completes BRIDGE Energy Group Acquisition"", ""Private Sector Payrolls Decline"", ""ADP Growth Sinks to 27K -- What's This Mean for Friday?"", ""Accenture (ACN) Completes BRIDGE Energy Group Acquisition""]" ADP,2019-06-06,150.634,152.173,149.687,152.133, ADP,2019-06-07,152.813,155.457,152.755,154.579,"[""Disappointing Job Data for May"", ""Jobs Data Depicts Weakness: 75K in May"", ""Disappointing Job Data for May"", ""Jobs Data Depicts Weakness: 75K in May"", ""Disappointing Job Data for May"", ""Jobs Data Depicts Weakness: 75K in May""]" ADP,2019-06-10,154.933,155.949,154.292,155.29,"[""Pre-Market Rally Continues, \""Merger Monday\"" Returns"", ""Pre-Market Rally Continues, \""Merger Monday\"" Returns"", ""Pre-Market Rally Continues, \""Merger Monday\"" Returns""]" ADP,2019-06-11,156.048,156.383,152.183,152.902, ADP,2019-06-12,153.089,153.858,152.39,153.002, ADP,2019-06-13,153.701,154.095,151.966,153.021,"[""ADP enters new credit agreements"", ""Here's Why You Should Retain ADP Stock in Your Portfolio"", ""Here's Why You Should Retain ADP Stock in Your Portfolio"", ""ADP enters new credit agreements"", ""Here's Why You Should Retain ADP Stock in Your Portfolio"", ""ADP enters new credit agreements""]" ADP,2019-06-14,153.039,154.806,152.665,154.017, ADP,2019-06-17,154.549,154.913,153.78,154.402,"[""What Makes Automatic Data Processing (ADP) a Strong Momentum Stock: Buy Now?"", ""What Makes Automatic Data Processing (ADP) a Strong Momentum Stock: Buy Now?"", ""What Makes Automatic Data Processing (ADP) a Strong Momentum Stock: Buy Now?""]" ADP,2019-06-18,155.901,157.428,155.2,156.541, ADP,2019-06-19,156.58,157.144,155.111,156.561, ADP,2019-06-20,158.149,158.267,156.463,157.804, ADP,2019-06-21,157.616,158.593,156.344,156.483, ADP,2019-06-24,157.034,157.468,156.029,156.088, ADP,2019-06-25,156.383,156.383,153.623,153.997, ADP,2019-06-26,154.214,154.668,151.393,151.492,"[""BofAML turns bearish after Paychex earnings"", ""BofAML turns bearish after Paychex earnings"", ""BofAML turns bearish after Paychex earnings""]" ADP,2019-06-27,152.301,152.813,150.831,152.615, ADP,2019-06-28,152.912,154.185,152.163,153.81, ADP,2019-07-01,155.949,156.146,153.997,154.836,"[""ADP -1.7% as 8M-share block comes on offer"", ""IBM Garage Aids Enterprises to Devise & Deploy Business Ideas"", ""Positive Development on Trade War Front"", ""U.S.-China Trade Truce Brings Big Pre-Market Gains"", ""ADP -1.7% as 8M-share block comes on offer"", ""Positive Development on Trade War Front"", ""U.S.-China Trade Truce Brings Big Pre-Market Gains"", ""IBM Garage Aids Enterprises to Devise & Deploy Business Ideas"", ""ADP -1.7% as 8M-share block comes on offer"", ""Positive Development on Trade War Front"", ""U.S.-China Trade Truce Brings Big Pre-Market Gains"", ""IBM Garage Aids Enterprises to Devise & Deploy Business Ideas""]" ADP,2019-07-02,148.573,150.771,147.863,150.704,"[""Economic Data Deluge"", ""Pre-Markets Pull Back Slightly, ADP & BLS This Week"", ""32 Stocks Moving In Tuesday's Pre-Market Session"", ""Hearing Of 8M Share Block Trade Of Automatic Data Processing Shares Monday Night Priced At $161-$163"", ""Automatic Data Processing shares are trading lower on reports of an 8 million share offering through Jefferies."", ""Automatic Data Processing shares are trading lower on reports of an 8 million share offering through Jefferies."", ""Hearing Of 8M Share Block Trade Of Automatic Data Processing Shares Monday Night Priced At $161-$163"", ""32 Stocks Moving In Tuesday's Pre-Market Session"", ""Economic Data Deluge"", ""Pre-Markets Pull Back Slightly, ADP & BLS This Week"", ""Automatic Data Processing shares are trading lower on reports of an 8 million share offering through Jefferies."", ""Hearing Of 8M Share Block Trade Of Automatic Data Processing Shares Monday Night Priced At $161-$163"", ""32 Stocks Moving In Tuesday's Pre-Market Session"", ""Economic Data Deluge"", ""Pre-Markets Pull Back Slightly, ADP & BLS This Week""]" ADP,2019-07-03,151.65,152.785,150.299,152.695,"[""ADP Payrolls 102K, Trade Deficit Worsens: Countdown to Rate Cut?"", ""Company News for Jul 3, 2019"", ""Economic Data Deluge"", ""Economic Data Deluge"", ""ADP Payrolls 102K, Trade Deficit Worsens: Countdown to Rate Cut?"", ""Company News for Jul 3, 2019"", ""Economic Data Deluge"", ""ADP Payrolls 102K, Trade Deficit Worsens: Countdown to Rate Cut?"", ""Company News for Jul 3, 2019"", ""Bank stocks are back in vogue and the rally isn\u2019t over, analysts say Bank valuations have not increased with the rest of the stock market, even though earnings are expected to keep growing at a healthy clip Bank valuations have not increased with the rest of the stock market, even though earnings are expected to keep growing at a healthy clip."", ""S&P 500, Dow trade at records in early action as Wall Street digests a weak ADP jobs report U.S. stocks rose modestly on Wednesday, in a holiday-shortened trading session, but enough for the S&P 500 to notch a intraday high. Investors were reacting to a weaker-than-expected Automatic Data Processing Inc. private-sector labor report, which showed that the U.S. added 102,000 nonfarm jobs for June, less than economists were expecting, with growth being driven by the service-producing sector and hurt by small businesses. U.S. equity markets will close at 1 p.m., three hours earlier than usual ahead of Independence Day on Thursday when markets will be closed for the day. The Dow Jones Industrial Average climbed 64 points, or 0.2%, at 26,850, trading above its Oct. 3 closing high, while the S&P 500 index hit an intraday all-time peak at 2,981.66. The S&P 500 is on pace to book three closing records in a row. The Nasdaq Composite Index advanced 0.2% at 8,126, within a 1% of its closing record set on May 3. Meanwhile, haven assets also were gaining, partly on the back of the nomination of expected easy-money candidates International Monetary Fund head Christine Lagarde, who was nominated to replace Mario Draghi at the European Central Bank and a pair of nominations by President Donald Trump for the Federal Reserve board. The 10-year Treasury note yielded 1.96%, hanging around its lowest level since 2016. Bond prices rise as yields fall. In corporate news, shares of Symantec Corp. jumped at the open after reports that chip maker Broadcom Inc. was in talks to buy the antivirus software company. Separately, shares of electric-car maker Tesla Inc. were up sharply after the company beat expectations for car deliveries late Tuesday."", ""S&P 500, Dow and Nasdaq close at record high levels in short session ahead July Fourth holiday Tesla shares surge on deliveries; Symantec soar on Broadcom buyout talk Stocks close at record levels as investors cheer signs of easy monetary policy ahead of the July Fourth holiday.""]" ADP,2019-07-05,151.65,153.623,151.078,153.366, ADP,2019-07-08,153.139,153.257,152.301,152.675,"[""Here's Why You Should Hold on to Navigant Consulting (NCI)"", ""4 Top Dividend Aristocrats to Buy for 2H19"", ""Dividend Growth 50: Oh Deere Me, This Portfolio's Income Just Keeps Plowing Ahead"", ""Here's Why You Should Hold on to Navigant Consulting (NCI)"", ""Dividend Growth 50: Oh Deere Me, This Portfolio's Income Just Keeps Plowing Ahead"", ""4 Top Dividend Aristocrats to Buy for 2H19"", ""Here's Why You Should Hold on to Navigant Consulting (NCI)"", ""Dividend Growth 50: Oh Deere Me, This Portfolio's Income Just Keeps Plowing Ahead"", ""4 Top Dividend Aristocrats to Buy for 2H19""]" ADP,2019-07-09,151.797,152.35,151.215,152.153,"[""FleetCor (FLT) Snaps Up Payroll Card Provider SOLE Financial"", ""The Zacks Analyst Blog Highlights: Morgan Stanley, McCormick, Walmart, Automatic Data and Air Products"", ""The Zacks Analyst Blog Highlights: Morgan Stanley, McCormick, Walmart, Automatic Data and Air Products"", ""FleetCor (FLT) Snaps Up Payroll Card Provider SOLE Financial"", ""The Zacks Analyst Blog Highlights: Morgan Stanley, McCormick, Walmart, Automatic Data and Air Products"", ""FleetCor (FLT) Snaps Up Payroll Card Provider SOLE Financial""]" ADP,2019-07-10,152.862,153.257,151.354,153.099,"[""Q2 Portfolio Review"", ""Here's Why You Should Retain Omnicom (OMC) in Your Portfolio"", ""Cordasco Financial Network Buys iShares Core U.S. ..."", ""Cordasco Financial Network Buys iShares Core U.S. ..."", ""Here's Why You Should Retain Omnicom (OMC) in Your Portfolio"", ""Q2 Portfolio Review"", ""Cordasco Financial Network Buys iShares Core U.S. ..."", ""Here's Why You Should Retain Omnicom (OMC) in Your Portfolio"", ""Q2 Portfolio Review""]" ADP,2019-07-11,153.406,154.065,152.715,153.701, ADP,2019-07-12,153.474,153.928,152.587,153.651, ADP,2019-07-15,153.958,154.619,153.247,153.533,"[""Legacy Financial Strategies, LLC Buys Schwab US Dividend Equity, PPG Industries Inc, McCormick ..."", ""Legacy Financial Strategies, LLC Buys Schwab US Dividend Equity, PPG Industries Inc, McCormick ..."", ""Legacy Financial Strategies, LLC Buys Schwab US Dividend Equity, PPG Industries Inc, McCormick ...""]" ADP,2019-07-16,153.573,154.312,152.635,152.795,"[""Cullinan Associates Inc Buys UnitedHealth Group Inc, International Business Machines Corp, ..."", ""Cullinan Associates Inc Buys UnitedHealth Group Inc, International Business Machines Corp, ..."", ""Cullinan Associates Inc Buys UnitedHealth Group Inc, International Business Machines Corp, ...""]" ADP,2019-07-17,153.03,154.609,152.922,153.868,"[""Stocks To Watch Ahead Of Earnings: Automatic Data Processing"", ""Stocks To Watch Ahead Of Earnings: Automatic Data Processing"", ""Stocks To Watch Ahead Of Earnings: Automatic Data Processing""]" ADP,2019-07-18,153.81,156.246,153.267,156.098, ADP,2019-07-19,156.947,157.231,154.816,154.894, ADP,2019-07-22,155.367,156.67,154.716,155.516, ADP,2019-07-23,156.58,157.251,155.13,156.236, ADP,2019-07-24,155.802,155.802,154.519,155.565,"[""Automatic Data Processing (ADP) Reports Next Week: Wall Street Expects Earnings Growth"", ""Paycom (PAYC) to Report Q2 Earnings: What's in the Cards?"", ""Paycom (PAYC) to Report Q2 Earnings: What's in the Cards?"", ""Automatic Data Processing (ADP) Reports Next Week: Wall Street Expects Earnings Growth"", ""Paycom (PAYC) to Report Q2 Earnings: What's in the Cards?"", ""Automatic Data Processing (ADP) Reports Next Week: Wall Street Expects Earnings Growth""]" ADP,2019-07-25,155.338,156.295,155.043,155.447, ADP,2019-07-26,155.939,157.784,155.664,157.488,"[""Insperity Stock Benefits As It Doubles Market And Cuts Churn"", ""VC Deals: Comcast, Mary Meeker Back Hippo Insurance"", ""Exeter Financial, LLC Buys First Trust Enhanced Equity Income Fund, Sells Automatic Data ..."", ""Exeter Financial, LLC Buys First Trust Enhanced Equity Income Fund, Sells Automatic Data ..."", ""VC Deals: Comcast, Mary Meeker Back Hippo Insurance"", ""Insperity Stock Benefits As It Doubles Market And Cuts Churn"", ""Exeter Financial, LLC Buys First Trust Enhanced Equity Income Fund, Sells Automatic Data ..."", ""VC Deals: Comcast, Mary Meeker Back Hippo Insurance"", ""Insperity Stock Benefits As It Doubles Market And Cuts Churn""]" ADP,2019-07-29,157.37,157.37,155.989,156.236,"[""Tuttle Tactical Management LLC Buys ProShares UltraShort Lehman \u2014\u2026 Year Treasury, Vanguard ..."", ""Highly Rated Automatic Data Processing Near Buy Zone Ahead Of Earnings"", ""Looking Ahead to Beyond Meat (BYND) Q2, CTB Skids"", ""DivGro Stocks Ranked By Quality Score"", ""Tuttle Tactical Management LLC Buys ProShares UltraShort Lehman \u2014\u2026 Year Treasury, Vanguard ..."", ""Highly Rated Automatic Data Processing Near Buy Zone Ahead Of Earnings"", ""Looking Ahead to Beyond Meat (BYND) Q2, CTB Skids"", ""DivGro Stocks Ranked By Quality Score"", ""Tuttle Tactical Management LLC Buys ProShares UltraShort Lehman \u2014\u2026 Year Treasury, Vanguard ..."", ""Highly Rated Automatic Data Processing Near Buy Zone Ahead Of Earnings"", ""Looking Ahead to Beyond Meat (BYND) Q2, CTB Skids"", ""DivGro Stocks Ranked By Quality Score""]" ADP,2019-07-30,155.684,156.166,153.426,153.523,"[""Business Services Earnings on Jul 31: SPOT, NLSN. ADP, APTV"", ""Automatic Data Processing Q4 2019 Earnings Preview"", ""Automatic Data Processing Q4 2019 Earnings Preview"", ""Business Services Earnings on Jul 31: SPOT, NLSN. ADP, APTV"", ""Automatic Data Processing Q4 2019 Earnings Preview"", ""Business Services Earnings on Jul 31: SPOT, NLSN. ADP, APTV""]" ADP,2019-07-31,160.023,160.023,153.474,154.943,"[""Automatic Data Processing EPS beats by $0.01, revenue in-line"", ""Apple Drives Up Stock Futures Early As Markets Look Toward Fed Rate Vote"", ""ADP Payrolls In-Line at 156K, Slowing from 2018"", ""Automatic Data Processing (ADP) Q4 Earnings Top, Revenues Lag"", ""Private Sector Payroll Increases In July"", ""Voya in pact with ADP to integrate employee benefit products"", ""ADP +2.5% after profit beat, solid guidance"", ""Automatic Data Processing, Inc. 2019 Q4 - Results - Earnings Call Slides"", ""Automatic Data Processing, Inc. (ADP) CEO Carlos Rodriguez on Q4 2019 Results - Earnings Call Transcript"", ""Growth Stocks At New Highs: This Internet Stock Brushes Off Sell-Off, Breaks Out"", ""Earnings Scheduled For July 31, 2019"", ""Automatic Data Processing Q4 Adj. EPS $1.14 Beats $1.13 Estimate, Sales $3.499B Miss $3.5B Estimate"", ""ADP Trades Higher On Q4 Earnings"", ""Automatic Data Processing shares are trading higher after the company reported better-than-expected Q4 EPS results."", ""Stocks That Managed to Breach 52-Week Highs Wednesday Morning"", ""Stocks That Managed to Breach 52-Week Highs Wednesday Morning"", ""Automatic Data Processing shares are trading higher after the company reported better-than-expected Q4 EPS results."", ""ADP Trades Higher On Q4 Earnings"", ""Automatic Data Processing Q4 Adj. EPS $1.14 Beats $1.13 Estimate, Sales $3.499B Miss $3.5B Estimate"", ""Earnings Scheduled For July 31, 2019"", ""Growth Stocks At New Highs: This Internet Stock Brushes Off Sell-Off, Breaks Out"", ""Automatic Data Processing, Inc. (ADP) CEO Carlos Rodriguez on Q4 2019 Results - Earnings Call Transcript"", ""Automatic Data Processing, Inc. 2019 Q4 - Results - Earnings Call Slides"", ""ADP +2.5% after profit beat, solid guidance"", ""Voya in pact with ADP to integrate employee benefit products"", ""Private Sector Payroll Increases In July"", ""Automatic Data Processing (ADP) Q4 Earnings Top, Revenues Lag"", ""ADP Payrolls In-Line at 156K, Slowing from 2018"", ""Apple Drives Up Stock Futures Early As Markets Look Toward Fed Rate Vote"", ""Automatic Data Processing EPS beats by $0.01, revenue in-line"", ""Stocks That Managed to Breach 52-Week Highs Wednesday Morning"", ""Automatic Data Processing shares are trading higher after the company reported better-than-expected Q4 EPS results."", ""ADP Trades Higher On Q4 Earnings"", ""Automatic Data Processing Q4 Adj. EPS $1.14 Beats $1.13 Estimate, Sales $3.499B Miss $3.5B Estimate"", ""Earnings Scheduled For July 31, 2019"", ""Growth Stocks At New Highs: This Internet Stock Brushes Off Sell-Off, Breaks Out"", ""Automatic Data Processing, Inc. (ADP) CEO Carlos Rodriguez on Q4 2019 Results - Earnings Call Transcript"", ""Automatic Data Processing, Inc. 2019 Q4 - Results - Earnings Call Slides"", ""ADP +2.5% after profit beat, solid guidance"", ""Voya in pact with ADP to integrate employee benefit products"", ""Private Sector Payroll Increases In July"", ""Automatic Data Processing (ADP) Q4 Earnings Top, Revenues Lag"", ""ADP Payrolls In-Line at 156K, Slowing from 2018"", ""Apple Drives Up Stock Futures Early As Markets Look Toward Fed Rate Vote"", ""Automatic Data Processing EPS beats by $0.01, revenue in-line""]" ADP,2019-08-01,153.74,155.053,152.311,152.882,"[""JP Morgan Maintains Neutral on Automatic Data Processing, Raises Price Target to $177"", ""Baird Maintains Neutral on Automatic Data Processing, Raises Price Target to $178"", ""Baird Maintains Neutral on Automatic Data Processing, Raises Price Target to $178"", ""JP Morgan Maintains Neutral on Automatic Data Processing, Raises Price Target to $177"", ""Baird Maintains Neutral on Automatic Data Processing, Raises Price Target to $178"", ""JP Morgan Maintains Neutral on Automatic Data Processing, Raises Price Target to $177""]" ADP,2019-08-02,152.597,154.085,150.545,152.862, ADP,2019-08-05,151.393,152.064,147.685,148.633,"[""Ackman has sold stakes in United Technologies, ADP - Bloomberg"", ""Barclays Maintains Overweight on Automatic Data Processing, Raises Price Target to $190"", ""'Bill Ackman has sold his positions in United Technologies and ADP, and has built a new position in an undisclosed company, sources say. Story on @theterminal' -Tweet"", ""Pershing Square Exits Investments in United Technologies, ADP; Has Acquired New Unnamed Investment That Represents 12% of Net Asset Value; to Provide Further Details in Upcoming Semiannual Financial Statements"", ""Pershing Square Exits Investments in United Technologies, ADP; Has Acquired New Unnamed Investment That Represents 12% of Net Asset Value; to Provide Further Details in Upcoming Semiannual Financial Statements"", ""'Bill Ackman has sold his positions in United Technologies and ADP, and has built a new position in an undisclosed company, sources say. Story on @theterminal' -Tweet"", ""Barclays Maintains Overweight on Automatic Data Processing, Raises Price Target to $190"", ""Ackman has sold stakes in United Technologies, ADP - Bloomberg"", ""Pershing Square Exits Investments in United Technologies, ADP; Has Acquired New Unnamed Investment That Represents 12% of Net Asset Value; to Provide Further Details in Upcoming Semiannual Financial Statements"", ""'Bill Ackman has sold his positions in United Technologies and ADP, and has built a new position in an undisclosed company, sources say. Story on @theterminal' -Tweet"", ""Barclays Maintains Overweight on Automatic Data Processing, Raises Price Target to $190"", ""Ackman has sold stakes in United Technologies, ADP - Bloomberg""]" ADP,2019-08-06,148.907,152.508,148.691,152.024,"[""Raymond James & Associates Buys iShares Core \u2013-5 Year USD Bond ETF, Medtronic PLC, ..."", ""Raymond James & Associates Buys iShares Core \u2013-5 Year USD Bond ETF, Medtronic PLC, ..."", ""Raymond James & Associates Buys iShares Core \u2013-5 Year USD Bond ETF, Medtronic PLC, ...""]" ADP,2019-08-07,150.634,153.948,149.361,153.039,"[""Automatic Data Processing declares $0.79 dividend"", ""Automatic Data Processing declares $0.79 dividend"", ""Automatic Data Processing declares $0.79 dividend""]" ADP,2019-08-08,154.471,158.534,154.017,158.464,"[""Top Stock Reports: Disney, Eli Lilly, ADP & More"", ""Automatic Data Processing shares are trading higher on seemingly no company-specific news."", ""Automatic Data Processing shares are trading higher on seemingly no company-specific news."", ""Top Stock Reports: Disney, Eli Lilly, ADP & More"", ""Automatic Data Processing shares are trading higher on seemingly no company-specific news."", ""Top Stock Reports: Disney, Eli Lilly, ADP & More""]" ADP,2019-08-09,158.139,158.139,154.866,156.058,"[""Permanens Capital L.P. Buys AMAG Pharmaceuticals Inc, Texas Pacific Land Trust, Vonage Holdings ..."", ""Permanens Capital L.P. Buys AMAG Pharmaceuticals Inc, Texas Pacific Land Trust, Vonage Holdings ..."", ""Permanens Capital L.P. Buys AMAG Pharmaceuticals Inc, Texas Pacific Land Trust, Vonage Holdings ...""]" ADP,2019-08-12,155.742,155.93,153.643,154.332, ADP,2019-08-13,153.81,157.409,153.74,156.984, ADP,2019-08-14,154.894,155.939,152.35,152.448,"[""Jim Cramer Gives His Opinion On Alibaba, Lockheed Martin And More"", ""Shares of several business service companies are trading lower after the spread between the 2-year and 10-year yield curve inverted for the first time since 2007, potentially signaling an oncoming recession."", ""Shares of several business service companies are trading lower after the spread between the 2-year and 10-year yield curve inverted for the first time since 2007, potentially signaling an oncoming recession."", ""Jim Cramer Gives His Opinion On Alibaba, Lockheed Martin And More"", ""Shares of several business service companies are trading lower after the spread between the 2-year and 10-year yield curve inverted for the first time since 2007, potentially signaling an oncoming recession."", ""Jim Cramer Gives His Opinion On Alibaba, Lockheed Martin And More""]" ADP,2019-08-15,152.331,154.806,151.225,153.593,"[""These High-Quality Stocks Are Yielding More Than The Treasury Bond And Growing Dividends At Double Digits"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $174"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $174"", ""These High-Quality Stocks Are Yielding More Than The Treasury Bond And Growing Dividends At Double Digits"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $174"", ""These High-Quality Stocks Are Yielding More Than The Treasury Bond And Growing Dividends At Double Digits""]" ADP,2019-08-16,155.22,156.383,154.866,155.407,"[""Bill Ackman Comments on Automatic Data Processing"", ""Automatic Data Processing: Buy Dividend Aristocrat With Strong Product Improvement"", ""Bill Ackman Comments on Automatic Data Processing"", ""Automatic Data Processing: Buy Dividend Aristocrat With Strong Product Improvement"", ""Bill Ackman Comments on Automatic Data Processing"", ""Automatic Data Processing: Buy Dividend Aristocrat With Strong Product Improvement"", ""How a quant strategy outperformed by picking fast-growth Facebook and a decimated Stamps.com Federated MDT\u2019s automated decision process takes emotions out of the equation The Federated MDT All Cap Core Fund has performed well in recent years, using an automated decision process.""]" ADP,2019-08-19,157.281,157.597,155.881,157.221,"[""High-Quality Dividend Stocks"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q2 2019 Update"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q2 2019 Update"", ""High-Quality Dividend Stocks"", ""Tracking Bill Ackman's Pershing Square Portfolio - Q2 2019 Update"", ""High-Quality Dividend Stocks""]" ADP,2019-08-20,156.867,157.981,155.969,156.206, ADP,2019-08-21,157.163,157.882,156.72,157.882,"[""Regents Of The University Of California Buys Nutanix Inc, MongoDB Inc, Cardlytics Inc, Sells ..."", ""Sentiment Cycles: When To Sell And When To Buy Back Again"", ""Sentiment Cycles: When To Sell And When To Buy Back Again"", ""Regents Of The University Of California Buys Nutanix Inc, MongoDB Inc, Cardlytics Inc, Sells ..."", ""Sentiment Cycles: When To Sell And When To Buy Back Again"", ""Regents Of The University Of California Buys Nutanix Inc, MongoDB Inc, Cardlytics Inc, Sells ...""]" ADP,2019-08-22,157.755,158.839,155.644,157.735, ADP,2019-08-23,157.301,158.336,152.795,153.346,"[""The Good Business Portfolio: 2019 2nd Quarter Earnings And Performance Review"", ""Strategic Value Investing: Estimates of Cash Flows"", ""The Good Business Portfolio: 2019 2nd Quarter Earnings And Performance Review"", ""Strategic Value Investing: Estimates of Cash Flows"", ""The Good Business Portfolio: 2019 2nd Quarter Earnings And Performance Review"", ""Strategic Value Investing: Estimates of Cash Flows""]" ADP,2019-08-26,155.073,155.367,153.513,155.21, ADP,2019-08-27,156.463,156.463,154.539,155.25, ADP,2019-08-28,154.412,155.821,153.276,155.574,"[""Tracking Earnings Estimates/Revisions For 30 Nasdaq Stocks"", ""Tracking Earnings Estimates/Revisions For 30 Nasdaq Stocks"", ""Tracking Earnings Estimates/Revisions For 30 Nasdaq Stocks""]" ADP,2019-08-29,157.528,158.938,157.034,157.655,"[""Pershing Square Holdings Semi-Annual Letter To Shareholders"", ""Pershing Square Holdings Semi-Annual Letter To Shareholders"", ""Pershing Square Holdings Semi-Annual Letter To Shareholders""]" ADP,2019-08-30,158.839,159.036,157.281,158.03, ADP,2019-09-03,156.078,157.705,155.023,155.565,"[""Square +1.2% after gaining two bulls"", ""Square +1.2% after gaining two bulls"", ""Square +1.2% after gaining two bulls""]" ADP,2019-09-04,156.807,158.267,156.777,157.902,"[""Tracking Al Gore's Generation Investment Management Portfolio - Q2 2019 Update"", ""Coconut Oil Market Report \u2014\u2026\u20139-\u2014\u2026\u20148 with Major Vendor Landscape and Their Strategies"", ""ADP rises 1.3% after OCC authorizes ADP Trust"", ""Coconut Oil Market Report \u2014\u2026\u20139-\u2014\u2026\u20148 with Major Vendor Landscape and Their Strategies"", ""ADP rises 1.3% after OCC authorizes ADP Trust"", ""Tracking Al Gore's Generation Investment Management Portfolio - Q2 2019 Update"", ""Coconut Oil Market Report \u2014\u2026\u20139-\u2014\u2026\u20148 with Major Vendor Landscape and Their Strategies"", ""ADP rises 1.3% after OCC authorizes ADP Trust"", ""Tracking Al Gore's Generation Investment Management Portfolio - Q2 2019 Update""]" ADP,2019-09-05,159.263,161.463,158.928,161.236,"[""Having Cake & Eating It Too? Jobs Numbers Good, Rate Cut Coming"", ""Jobs Data to Watch For"", ""Stocks That Hit 52-Week Highs On Thursday"", ""Stocks That Hit 52-Week Highs On Thursday"", ""Jobs Data to Watch For"", ""Having Cake & Eating It Too? Jobs Numbers Good, Rate Cut Coming"", ""Stocks That Hit 52-Week Highs On Thursday"", ""Jobs Data to Watch For"", ""Having Cake & Eating It Too? Jobs Numbers Good, Rate Cut Coming"", ""Dow notches best day in 3 weeks on rising trade optimism, rosier economic data Call between Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer tentatively set the stage for a resumption of talks U.S. stocks rally Thursday after American and Chinese officials declare a tentative resumption of tariff talks, viewed by Wall Street as a sign of progress in the yearlong trade conflict between the economic superpowers.""]" ADP,2019-09-06,161.66,162.36,160.999,161.216,"[""Bull Of The Day: Paylocity (PCTY)"", ""Stocks That Hit 52-Week Highs On Friday"", ""Stocks That Hit 52-Week Highs On Friday"", ""Bull Of The Day: Paylocity (PCTY)"", ""Stocks That Hit 52-Week Highs On Friday"", ""Bull Of The Day: Paylocity (PCTY)""]" ADP,2019-09-09,161.483,161.61,155.516,156.373,"[""Shares of several payment processing companies are trading lower. Not seeing any news to justify price action within the sector."", ""Shares of several payment processing companies are trading lower. Not seeing any news to justify price action within the sector."", ""Shares of several payment processing companies are trading lower. Not seeing any news to justify price action within the sector.""]" ADP,2019-09-10,155.328,156.354,150.367,152.912,"[""Here's Why You Should Hold Automatic Data Processing Stock"", ""Shares of several payment processing companies are trading lower on continued momentum. Not seeing any news to justify price action within the sector."", ""Shares of several payment processing companies are trading lower on continued momentum. Not seeing any news to justify price action within the sector."", ""Here's Why You Should Hold Automatic Data Processing Stock"", ""Shares of several payment processing companies are trading lower on continued momentum. Not seeing any news to justify price action within the sector."", ""Here's Why You Should Hold Automatic Data Processing Stock""]" ADP,2019-09-11,151.778,153.444,149.244,149.933,"[""ADP -1.3% as BofA sees value priced in"", ""Bank of America Downgrades Automatic Data Processing to Neutral"", ""Benzinga's Top Upgrades, Downgrades For September 11, 2019"", ""BofA Downgrades ADP, Sees Only 7% Upside Potential"", ""BofA Downgrades ADP, Sees Only 7% Upside Potential"", ""Benzinga's Top Upgrades, Downgrades For September 11, 2019"", ""Bank of America Downgrades Automatic Data Processing to Neutral"", ""ADP -1.3% as BofA sees value priced in"", ""BofA Downgrades ADP, Sees Only 7% Upside Potential"", ""Benzinga's Top Upgrades, Downgrades For September 11, 2019"", ""Bank of America Downgrades Automatic Data Processing to Neutral"", ""ADP -1.3% as BofA sees value priced in""]" ADP,2019-09-12,150.694,152.202,149.746,149.983,"[""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $\u2013'. ..."", ""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $\u2013'. ..."", ""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $\u2013'. ...""]" ADP,2019-09-13,150.584,151.118,148.623,149.371, ADP,2019-09-16,148.573,149.371,147.498,147.892, ADP,2019-09-17,148.109,148.898,147.37,148.523, ADP,2019-09-18,148.04,148.543,145.91,147.517,"[""Shares of several financial companies are trading lower after the Fed cut interest rates by another quarter point. NOTE: A interest rate cut limits the profits that banks make because they get less when they lend money to clients."", ""Shares of several financial companies are trading lower after the Fed cut interest rates by another quarter point. NOTE: A interest rate cut limits the profits that banks make because they get less when they lend money to clients."", ""Shares of several financial companies are trading lower after the Fed cut interest rates by another quarter point. NOTE: A interest rate cut limits the profits that banks make because they get less when they lend money to clients.""]" ADP,2019-09-19,148.927,149.569,148.218,149.007, ADP,2019-09-20,148.879,150.357,148.444,148.957, ADP,2019-09-23,148.464,150.19,148.208,149.332, ADP,2019-09-24,149.717,151.877,148.464,149.628,"[""Retirement: Buying More Stocks For The Future-Proof Portfolio For Young Investors"", ""Retirement: Buying More Stocks For The Future-Proof Portfolio For Young Investors"", ""Retirement: Buying More Stocks For The Future-Proof Portfolio For Young Investors""]" ADP,2019-09-25,149.678,151.423,148.513,151.196, ADP,2019-09-26,151.689,153.306,151.215,152.675,"[""HP Acquires Bromium For Endpoint Security Tech"", ""Our Investment Strategy With Cyclical Stocks"", ""Our Investment Strategy With Cyclical Stocks"", ""HP Acquires Bromium For Endpoint Security Tech"", ""Our Investment Strategy With Cyclical Stocks"", ""HP Acquires Bromium For Endpoint Security Tech""]" ADP,2019-09-27,153.159,153.326,148.613,150.003,"[""Pershing Square Holdings - Automatic Data Processing"", ""Pershing Square Holdings - Automatic Data Processing"", ""Pershing Square Holdings - Automatic Data Processing""]" ADP,2019-09-30,150.377,151.571,150.308,150.94,"[""Wall Street Waits for Key Economic Data This Week"", ""Quiet Before the New Quarter Storm"", ""Wall Street Waits for Key Economic Data This Week"", ""Quiet Before the New Quarter Storm"", ""Wall Street Waits for Key Economic Data This Week"", ""Quiet Before the New Quarter Storm"", ""How stock-market investors are preparing for the Trump impeachment battle \u2018All the political factors are correlated,\u2019 investor says The battle over impeachment threatens to alter a number of market-moving factors, including the U.S.-China trade war.""]" ADP,2019-10-01,151.759,152.35,149.678,150.003,"[""Sentiment Strategy: Tracking Results (September 2019)"", ""Sentiment Strategy: Tracking Results (September 2019)"", ""Sentiment Strategy: Tracking Results (September 2019)""]" ADP,2019-10-02,148.633,148.898,145.388,146.442,"[""ADP Posts 135K New Jobs, Slowing Across the Board"", ""Economic Data Deluge"", ""Q3 Portfolio Review"", ""Shares of several industrial companies are trading lower on continued fears of a recession following weak ADP jobs report. There is also uncertainty in the market over the upcoming U.S.-China meeting next week."", ""Shares of several industrial companies are trading lower on continued fears of a recession following weak ADP jobs report. There is also uncertainty in the market over the upcoming U.S.-China meeting next week."", ""ADP Posts 135K New Jobs, Slowing Across the Board"", ""Q3 Portfolio Review"", ""Economic Data Deluge"", ""Shares of several industrial companies are trading lower on continued fears of a recession following weak ADP jobs report. There is also uncertainty in the market over the upcoming U.S.-China meeting next week."", ""ADP Posts 135K New Jobs, Slowing Across the Board"", ""Q3 Portfolio Review"", ""Economic Data Deluge""]" ADP,2019-10-03,146.196,147.37,143.731,147.31,"[""Why ADP (ADP) Could Beat Earnings Estimates Again"", ""Why ADP (ADP) Could Beat Earnings Estimates Again"", ""Why ADP (ADP) Could Beat Earnings Estimates Again"", ""Here are the 25 S&P 500 stocks that ended higher on Wall Street\u2019s worst day in 6 weeks Shares of home-builder Lennar Corp. led the few winners on Wall Street on Wednesday Only about two dozen companies survived a punishing session Wednesday on Wall Street. Specifically, 25 of the S&P\u2019s more than 500 constituents finished in positive territory, while the S&P 500 tumbled 1.8% to finish at 2,887.61, as fears about an economic slowdown gripped Wall Street."", ""Dow, S&P 500 mark worst start to a quarter since 2008 financial crisis as recession fears accelerate Wall Street\u2019s fear index on pace for biggest rise to start a quarter on record U.S. equity markets on Wednesday are ensnared in a two-day tailspin that has pushed the benchmark indexes to one of the worst starts to a quarter since the 2008-09 financial crisis.""]" ADP,2019-10-04,147.853,149.076,147.636,148.83,"[""Stocks With Rising Relative Strength: Automatic Data Processing"", ""Stocks With Rising Relative Strength: Automatic Data Processing"", ""Stocks With Rising Relative Strength: Automatic Data Processing""]" ADP,2019-10-07,148.623,149.431,147.715,148.563,"[""Hennessy Advisors Inc Buys TC Energy Corp, Cadence Bancorp, Green Dot Corp, Sells TC Energy ..."", ""Dividend Stock Spotlight: Paychex (PAYX)"", ""Hennessy Advisors Inc Buys TC Energy Corp, Cadence Bancorp, Green Dot Corp, Sells TC Energy ..."", ""Dividend Stock Spotlight: Paychex (PAYX)"", ""Hennessy Advisors Inc Buys TC Energy Corp, Cadence Bancorp, Green Dot Corp, Sells TC Energy ..."", ""Dividend Stock Spotlight: Paychex (PAYX)""]" ADP,2019-10-08,147.32,148.06,145.713,146.156, ADP,2019-10-09,147.409,148.613,146.423,148.169,"[""Broadridge Financial: Further Gains Coming In 2020"", ""CHICAGO TRUST Co NA Buys Intel Corp, Boston Scientific Corp, WEC Energy Group Inc, Sells ..."", ""CHICAGO TRUST Co NA Buys Intel Corp, Boston Scientific Corp, WEC Energy Group Inc, Sells ..."", ""Broadridge Financial: Further Gains Coming In 2020"", ""CHICAGO TRUST Co NA Buys Intel Corp, Boston Scientific Corp, WEC Energy Group Inc, Sells ..."", ""Broadridge Financial: Further Gains Coming In 2020""]" ADP,2019-10-10,147.665,150.515,147.596,150.279,"[""Automatic Data Processing Sees IBD RS Rating Rise To 76"", ""Automatic Data Processing Sees IBD RS Rating Rise To 76"", ""Automatic Data Processing Sees IBD RS Rating Rise To 76""]" ADP,2019-10-11,151.847,153.209,150.545,151.956,"[""Decatur Capital Management, Inc. Buys Accenture PLC, Intuit Inc, Automatic Data Processing Inc, ..."", ""Paychex: The Cash Cow And The Cash Calf"", ""SYKE vs. ADP: Which Stock Is the Better Value Option?"", ""Paychex: The Cash Cow And The Cash Calf"", ""Decatur Capital Management, Inc. Buys Accenture PLC, Intuit Inc, Automatic Data Processing Inc, ..."", ""SYKE vs. ADP: Which Stock Is the Better Value Option?"", ""Paychex: The Cash Cow And The Cash Calf"", ""Decatur Capital Management, Inc. Buys Accenture PLC, Intuit Inc, Automatic Data Processing Inc, ..."", ""SYKE vs. ADP: Which Stock Is the Better Value Option?""]" ADP,2019-10-14,152.074,153.179,151.59,151.896, ADP,2019-10-15,151.975,153.75,151.926,153.454, ADP,2019-10-16,153.109,153.75,151.532,153.494,"[""Dividend Champions Analysis: A Lot Of Banks With Over 3% Yields"", ""Dividend Champions Analysis: A Lot Of Banks With Over 3% Yields"", ""Dividend Champions Analysis: A Lot Of Banks With Over 3% Yields""]" ADP,2019-10-17,153.83,154.471,152.992,153.199, ADP,2019-10-18,153.651,153.74,152.331,152.932,"[""Arlington Partners LLC Buys SPDR Barclays \u2013-' Month T-Bill ETF, JPMorgan Alerian MLP Index ..."", ""Mechanics Bank Trust Department Buys iShares Edge MSCI Min Volatility USA ETF, SPDR Wells Fargo ..."", ""Mechanics Bank Trust Department Buys iShares Edge MSCI Min Volatility USA ETF, SPDR Wells Fargo ..."", ""Arlington Partners LLC Buys SPDR Barclays \u2013-' Month T-Bill ETF, JPMorgan Alerian MLP Index ..."", ""Mechanics Bank Trust Department Buys iShares Edge MSCI Min Volatility USA ETF, SPDR Wells Fargo ..."", ""Arlington Partners LLC Buys SPDR Barclays \u2013-' Month T-Bill ETF, JPMorgan Alerian MLP Index ..."", ""New CFPB database of expensive prepaid cards is missing key information, advocates say Some so-called \u2018payday lender cards\u2019 aren\u2019t on the quietly-launched database, the National Consumer Law Center says Some so-called \u2018payday lender cards\u2019 aren\u2019t on the quietly-launched database, the National Consumer Law Center says.""]" ADP,2019-10-21,153.416,153.78,150.821,151.502,"[""Monument Capital Management Buys Invesco S&P 5\u2026\u2026 Equal Weight Technology ETF, Globe ..."", ""Monument Capital Management Buys Invesco S&P 5\u2026\u2026 Equal Weight Technology ETF, Globe ..."", ""Monument Capital Management Buys Invesco S&P 5\u2026\u2026 Equal Weight Technology ETF, Globe ...""]" ADP,2019-10-22,151.788,152.695,149.096,149.124,"[""Revenue Growth And Market Share Gains To Fuel Automatic Data Processing's Story"", ""Revenue Growth And Market Share Gains To Fuel Automatic Data Processing's Story"", ""Revenue Growth And Market Share Gains To Fuel Automatic Data Processing's Story""]" ADP,2019-10-23,148.927,150.318,148.75,149.638,"[""Human Capital Management Market Statistics \u2014\u2026\u20139: Top Factors that could Boost Markets in ..."", ""Automatic Data Processing (ADP) Reports Next Week: Wall Street Expects Earnings Growth"", ""Automatic Data Processing (ADP) Reports Next Week: Wall Street Expects Earnings Growth"", ""Human Capital Management Market Statistics \u2014\u2026\u20139: Top Factors that could Boost Markets in ..."", ""Automatic Data Processing (ADP) Reports Next Week: Wall Street Expects Earnings Growth"", ""Human Capital Management Market Statistics \u2014\u2026\u20139: Top Factors that could Boost Markets in ...""]" ADP,2019-10-24,150.497,152.074,149.697,151.975, ADP,2019-10-25,151.482,152.765,151.098,151.432,"[""Sepio Capital, LLC Buys Technology Select Sector SPDR Fund, VanEck Vectors Junior Gold Miners ..."", ""Automatic Data Processing Sees RS Rating Improve To 72"", ""Sepio Capital, LLC Buys Technology Select Sector SPDR Fund, VanEck Vectors Junior Gold Miners ..."", ""Automatic Data Processing Sees RS Rating Improve To 72"", ""Sepio Capital, LLC Buys Technology Select Sector SPDR Fund, VanEck Vectors Junior Gold Miners ..."", ""Automatic Data Processing Sees RS Rating Improve To 72""]" ADP,2019-10-28,152.014,152.331,150.477,151.916,"[""What Awaits Automatic Data Processing (ADP) in Q1 Earnings?"", ""What Awaits Automatic Data Processing (ADP) in Q1 Earnings?"", ""What Awaits Automatic Data Processing (ADP) in Q1 Earnings?""]" ADP,2019-10-29,152.064,153.671,151.896,152.241,"[""SYKE or ADP: Which Is the Better Value Stock Right Now?"", ""Notable earnings before Wednesday's open"", ""Notable earnings before Wednesday's open"", ""SYKE or ADP: Which Is the Better Value Stock Right Now?"", ""Notable earnings before Wednesday's open"", ""SYKE or ADP: Which Is the Better Value Stock Right Now?""]" ADP,2019-10-30,148.493,153.651,147.981,153.484,"[""Automatic Data Processing (ADP) Q1 Earnings Top, Revenues Lag"", ""U.S. GDP Rose 1.9% in Q3"", ""Automatic Data Processing, Inc. (ADP) CEO Carlos Rodriguez on Q1 2020 Results - Earnings Call Transcript"", ""Automatic Data Processing, Inc. 2020 Q1 - Results - Earnings Call Presentation"", ""Automatic Data Processing EPS beats by $0.01, misses on revenue"", ""Automatic Data Processing (ADP) Beats Q1 Earnings Estimates"", ""ADP +1.2% after EPS beat, in-line outlook"", ""Earnings Scheduled For October 30, 2019"", ""Automatic Data Processing Q1 Adj. EPS $1.34 Beats $1.33 Estimate, Sales $3.5B Miss $3.52B Estimate"", ""Automatic Data Processing Sees FY20 Adj. EPS Growth 12%-14%"", ""Automatic Data Processing shares are trading lower after the company reported worse-than-expected Q1 sales results."", ""Automatic Data Processing shares are trading lower after the company reported worse-than-expected Q1 sales results."", ""Automatic Data Processing Sees FY20 Adj. EPS Growth 12%-14%"", ""Automatic Data Processing Q1 Adj. EPS $1.34 Beats $1.33 Estimate, Sales $3.5B Miss $3.52B Estimate"", ""Earnings Scheduled For October 30, 2019"", ""Automatic Data Processing, Inc. (ADP) CEO Carlos Rodriguez on Q1 2020 Results - Earnings Call Transcript"", ""U.S. GDP Rose 1.9% in Q3"", ""Automatic Data Processing (ADP) Q1 Earnings Top, Revenues Lag"", ""Automatic Data Processing (ADP) Beats Q1 Earnings Estimates"", ""ADP +1.2% after EPS beat, in-line outlook"", ""Automatic Data Processing, Inc. 2020 Q1 - Results - Earnings Call Presentation"", ""Automatic Data Processing EPS beats by $0.01, misses on revenue"", ""Automatic Data Processing shares are trading lower after the company reported worse-than-expected Q1 sales results."", ""Automatic Data Processing Sees FY20 Adj. EPS Growth 12%-14%"", ""Automatic Data Processing Q1 Adj. EPS $1.34 Beats $1.33 Estimate, Sales $3.5B Miss $3.52B Estimate"", ""Earnings Scheduled For October 30, 2019"", ""Automatic Data Processing, Inc. (ADP) CEO Carlos Rodriguez on Q1 2020 Results - Earnings Call Transcript"", ""U.S. GDP Rose 1.9% in Q3"", ""Automatic Data Processing (ADP) Q1 Earnings Top, Revenues Lag"", ""Automatic Data Processing (ADP) Beats Q1 Earnings Estimates"", ""ADP +1.2% after EPS beat, in-line outlook"", ""Automatic Data Processing, Inc. 2020 Q1 - Results - Earnings Call Presentation"", ""Automatic Data Processing EPS beats by $0.01, misses on revenue"", ""Stocks stumble lower at the open as investors await crucial decision on interest rates from the Fed U.S. stock markets slipped at the open Wednesday as investors watched for a widely expected interest-rate cut from the Federal Reserve, while a flood of quarterly corporate results continued apace and a reading of the health of the domestic economy came in better than expected. The Dow Jones Industrial Average was at 27,038, down 0.1%, the S&P 500 index edged 0.1% lower at 3,034, and the Nasdaq Composite Index ticked down 0.1% to 8,270. The Federal Reserve's Jerome Powell and the rate-setting Federal Open Market Committee will release its policy update later at 2 p.m. Eastern Time, with Powell slated to discuss the central bank's policy a half-hour later. A quarter percentage point cut to a 1.50%-1.75% range is expected by the FOMC. Meanwhile, a report on private-sector employment came showed that Private-sector employers added 125,000 jobs were created in October, according to payroll-processor Automatic Data Processing Inc. , matching consensus estimates. GDP showed an annual increase of 1.9%. On the earnings fronts, quarterly results from Apple Inc. are expected later Wednesday. Investors also watched for a second day of Congressional hearings from Boeing Co.'s CEO after centered on a pair of fatal crashes of the aviation company's 737 MAX jets.""]" ADP,2019-10-31,152.822,153.711,150.24,151.679,"[""Company News for Oct 31, 2019"", ""Automatic Data Processing: A Fully Valued Business Service"", ""Company News for Oct 31, 2019"", ""Automatic Data Processing: A Fully Valued Business Service"", ""Company News for Oct 31, 2019"", ""Automatic Data Processing: A Fully Valued Business Service""]" ADP,2019-11-01,152.805,153.119,151.6,152.39, ADP,2019-11-04,153.543,153.898,151.225,151.374, ADP,2019-11-05,150.871,151.245,146.709,146.818, ADP,2019-11-06,147.606,149.776,147.123,149.293,"[""Signet Investment Advisory Group, Inc. Buys ishares Gold Trust, Bank of America Corp, T-Mobile ..."", ""Buy-And-Hold Vs. Rotational Strategy: Tracking Sentiment Strategy Results (October 2019)"", ""Signet Investment Advisory Group, Inc. Buys ishares Gold Trust, Bank of America Corp, T-Mobile ..."", ""Buy-And-Hold Vs. Rotational Strategy: Tracking Sentiment Strategy Results (October 2019)"", ""Signet Investment Advisory Group, Inc. Buys ishares Gold Trust, Bank of America Corp, T-Mobile ..."", ""Buy-And-Hold Vs. Rotational Strategy: Tracking Sentiment Strategy Results (October 2019)""]" ADP,2019-11-07,150.101,152.972,149.5,151.571,"[""Personal Capital Advisors Corp Buys Honeywell International Inc, Vanguard FTSE All-World ex-US ..."", ""Truepoint, Inc. Buys iShares Core MSCI EAFE ETF, Schwab International Equity ETF, iShares MSCI ..."", ""Cordatus Wealth Management LLC Buys Danaher Corp, The Walt Disney Co, Fidelity National ..."", ""Personal Capital Advisors Corp Buys Honeywell International Inc, Vanguard FTSE All-World ex-US ..."", ""Cordatus Wealth Management LLC Buys Danaher Corp, The Walt Disney Co, Fidelity National ..."", ""Truepoint, Inc. Buys iShares Core MSCI EAFE ETF, Schwab International Equity ETF, iShares MSCI ..."", ""Personal Capital Advisors Corp Buys Honeywell International Inc, Vanguard FTSE All-World ex-US ..."", ""Cordatus Wealth Management LLC Buys Danaher Corp, The Walt Disney Co, Fidelity National ..."", ""Truepoint, Inc. Buys iShares Core MSCI EAFE ETF, Schwab International Equity ETF, iShares MSCI ...""]" ADP,2019-11-08,151.235,152.488,150.714,152.143,"[""Ontario Teachers Pension Plan Board Buys Salesforce.com Inc, Mastercard Inc, Amazon. ..."", ""Magnus Financial Group LLC Buys Invesco S&P 5\u2026\u2026 Low Volatility ETF, First Trust North ..."", ""Global Employment Screening Services Market \u2013 Emerging Trends and Growth Opportunities in ..."", ""Ontario Teachers Pension Plan Board Buys Salesforce.com Inc, Mastercard Inc, Amazon. ..."", ""Magnus Financial Group LLC Buys Invesco S&P 5\u2026\u2026 Low Volatility ETF, First Trust North ..."", ""Global Employment Screening Services Market \u2013 Emerging Trends and Growth Opportunities in ..."", ""Ontario Teachers Pension Plan Board Buys Salesforce.com Inc, Mastercard Inc, Amazon. ..."", ""Magnus Financial Group LLC Buys Invesco S&P 5\u2026\u2026 Low Volatility ETF, First Trust North ..."", ""Global Employment Screening Services Market \u2013 Emerging Trends and Growth Opportunities in ...""]" ADP,2019-11-11,151.472,153.286,151.157,152.822,"Walmart, Nvidia, CBS and Other Stocks to Watch This Week Third-quarter earnings season is largely behind us, but some results remain. Plus, inflation data and testimony from Federal Reserve chairman Jerome Powell." ADP,2019-11-12,153.484,155.664,153.129,155.535,"[""Argent Trust Co Buys Morgan Stanley, SPDR S&P 5\u2026\u2026 ETF Trust, Vulcan Materials Co, Sells ..."", ""Bowie Capital Management, LLC Buys Microsoft Corp, Automatic Data Processing Inc, HDFC Bank, ..."", ""Automatic Data Processing declares $0.91 dividend"", ""Monetta Financial Services Inc Buys Walgreens Boots Alliance Inc, McDonald's Corp, Automatic ..."", ""Dana Investment Advisors, Inc. Buys Fidelity National Information Services Inc, AutoZone Inc, ..."", ""ADP Raises Quarterly Dividend From $0.79 To $0.91/Share"", ""ADP Raises Quarterly Dividend From $0.79 To $0.91/Share"", ""Dana Investment Advisors, Inc. Buys Fidelity National Information Services Inc, AutoZone Inc, ..."", ""Monetta Financial Services Inc Buys Walgreens Boots Alliance Inc, McDonald's Corp, Automatic ..."", ""Argent Trust Co Buys Morgan Stanley, SPDR S&P 5\u2026\u2026 ETF Trust, Vulcan Materials Co, Sells ..."", ""Bowie Capital Management, LLC Buys Microsoft Corp, Automatic Data Processing Inc, HDFC Bank, ..."", ""Automatic Data Processing declares $0.91 dividend"", ""ADP Raises Quarterly Dividend From $0.79 To $0.91/Share"", ""Dana Investment Advisors, Inc. Buys Fidelity National Information Services Inc, AutoZone Inc, ..."", ""Monetta Financial Services Inc Buys Walgreens Boots Alliance Inc, McDonald's Corp, Automatic ..."", ""Argent Trust Co Buys Morgan Stanley, SPDR S&P 5\u2026\u2026 ETF Trust, Vulcan Materials Co, Sells ..."", ""Bowie Capital Management, LLC Buys Microsoft Corp, Automatic Data Processing Inc, HDFC Bank, ..."", ""Automatic Data Processing declares $0.91 dividend"", ""Automatic Data Processing raises quarterly cash dividend to 91 cents vs. 79 Automatic Data Processing Inc. said Tuesday its board has approved a 12 cents increase in its quarterly cash dividend to 91 cents a share. The new payment will be made Jan. 1 to shareholders of record as of Dec. 13. Shares were up 0.4% premarket and have gained 25% in 2019, while the S&P 500 has gained 23%.""]" ADP,2019-11-13,156.127,158.504,155.644,158.001,"[""ADP announces $5B buyback"", ""Oribel Capital Management, LP Buys Global Payments Inc, Automatic Data Processing Inc, Visa ..."", ""ADP Late Tuesday Announced $5B Buyback"", ""ADP Late Tuesday Announced $5B Buyback"", ""Oribel Capital Management, LP Buys Global Payments Inc, Automatic Data Processing Inc, Visa ..."", ""ADP announces $5B buyback"", ""ADP Late Tuesday Announced $5B Buyback"", ""Oribel Capital Management, LP Buys Global Payments Inc, Automatic Data Processing Inc, Visa ..."", ""ADP announces $5B buyback""]" ADP,2019-11-14,157.794,159.412,156.897,159.095,"[""ADP: Capital Return Story That Keeps Getting Better"", ""BlueSpruce Investments, LP Buys Fidelity National Information Services Inc, Automatic Data ..."", ""Noked Capital LTD Buys iShares MSCI ACWI Index Fund, iShares MSCI EAFE Value ETF, Cintas Corp, ..."", ""Noked Israel Ltd Buys iShares MSCI ACWI Index Fund, iShares MSCI EAFE Value ETF, Cintas Corp, ..."", ""Scholtz & Company, Llc Buys IAC/InterActiveCorp, Five Below Inc, Automatic Data Processing ..."", ""Boothbay Fund Management, Llc Buys Alphabet Inc, Global Payments Inc, Callon Petroleum Co, ..."", ""13F From Bill Ackman's Pershing Square Just Out, Shows Liquidated ~4M Share Position In ADP"", ""13F From Bill Ackman's Pershing Square Just Out, Shows Liquidated ~4M Share Position In ADP"", ""Scholtz & Company, Llc Buys IAC/InterActiveCorp, Five Below Inc, Automatic Data Processing ..."", ""Boothbay Fund Management, Llc Buys Alphabet Inc, Global Payments Inc, Callon Petroleum Co, ..."", ""ADP: Capital Return Story That Keeps Getting Better"", ""BlueSpruce Investments, LP Buys Fidelity National Information Services Inc, Automatic Data ..."", ""Noked Capital LTD Buys iShares MSCI ACWI Index Fund, iShares MSCI EAFE Value ETF, Cintas Corp, ..."", ""Noked Israel Ltd Buys iShares MSCI ACWI Index Fund, iShares MSCI EAFE Value ETF, Cintas Corp, ..."", ""13F From Bill Ackman's Pershing Square Just Out, Shows Liquidated ~4M Share Position In ADP"", ""Scholtz & Company, Llc Buys IAC/InterActiveCorp, Five Below Inc, Automatic Data Processing ..."", ""Boothbay Fund Management, Llc Buys Alphabet Inc, Global Payments Inc, Callon Petroleum Co, ..."", ""ADP: Capital Return Story That Keeps Getting Better"", ""BlueSpruce Investments, LP Buys Fidelity National Information Services Inc, Automatic Data ..."", ""Noked Capital LTD Buys iShares MSCI ACWI Index Fund, iShares MSCI EAFE Value ETF, Cintas Corp, ..."", ""Noked Israel Ltd Buys iShares MSCI ACWI Index Fund, iShares MSCI EAFE Value ETF, Cintas Corp, ...""]" ADP,2019-11-15,160.052,160.052,158.09,160.033,"[""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $\u20136. ..."", ""Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios"", ""Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios"", ""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $\u20136. ..."", ""Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios"", ""Automatic Data Processing Inc (ADP) President & CEO Carlos A Rodriguez Sold $\u20136. ...""]" ADP,2019-11-18,159.569,160.19,158.958,159.648,"[""Arguably The Ultimate Retirement Stock Investment Portfolio"", ""Ontario Teachers Pension Plan Board Buys Salesforce.com Inc, Mastercard Inc, Amazon. ..."", ""Dividend Increases: November 11-15, 2019"", ""Dividend Increases: November 11-15, 2019"", ""Ontario Teachers Pension Plan Board Buys Salesforce.com Inc, Mastercard Inc, Amazon. ..."", ""Arguably The Ultimate Retirement Stock Investment Portfolio"", ""Dividend Increases: November 11-15, 2019"", ""Ontario Teachers Pension Plan Board Buys Salesforce.com Inc, Mastercard Inc, Amazon. ..."", ""Arguably The Ultimate Retirement Stock Investment Portfolio""]" ADP,2019-11-19,160.348,161.502,159.806,159.963,"[""Ccm Investment Advisers Llc Buys MDU Resources Group Inc, Gilead Sciences Inc, Automatic Data ..."", ""Ccm Investment Advisers Llc Buys MDU Resources Group Inc, Gilead Sciences Inc, Automatic Data ..."", ""Ccm Investment Advisers Llc Buys MDU Resources Group Inc, Gilead Sciences Inc, Automatic Data ...""]" ADP,2019-11-20,159.471,160.427,158.021,159.509,"[""DGI For The DIY: Q3 2019 Portfolio Update"", ""DGI For The DIY: Q3 2019 Portfolio Update"", ""DGI For The DIY: Q3 2019 Portfolio Update""]" ADP,2019-11-21,159.185,159.658,158.159,158.829,"[""HealthEquity: An Over \u2014\u2026% Grower for Years to Come"", ""Dividend Champions Analysis: Add Lincoln Electric To Your Watch List"", ""HealthEquity: An Over \u2014\u2026% Grower for Years to Come"", ""Dividend Champions Analysis: Add Lincoln Electric To Your Watch List"", ""HealthEquity: An Over \u2014\u2026% Grower for Years to Come"", ""Dividend Champions Analysis: Add Lincoln Electric To Your Watch List""]" ADP,2019-11-22,159.993,160.348,158.09,158.622,"[""My 20 Highest-Rated Dividend Stocks, No. 20 Through No. 17"", ""Human Capital Software Firm CDP Holdings Begins U.S. IPO Process"", ""Human Capital Software Firm CDP Holdings Begins U.S. IPO Process"", ""My 20 Highest-Rated Dividend Stocks, No. 20 Through No. 17"", ""Human Capital Software Firm CDP Holdings Begins U.S. IPO Process"", ""My 20 Highest-Rated Dividend Stocks, No. 20 Through No. 17""]" ADP,2019-11-25,159.224,159.826,158.751,159.155,"[""These High-Quality Stocks Are Perfect For Your Short Strangle Portfolio (Part 1)"", ""These High-Quality Stocks Are Perfect For Your Short Strangle Portfolio (Part 1)"", ""These High-Quality Stocks Are Perfect For Your Short Strangle Portfolio (Part 1)""]" ADP,2019-11-26,159.165,160.752,159.105,160.466, ADP,2019-11-27,160.644,160.733,159.845,160.328,"[""Urbem's 'Wonderful Business' Series: Paychex"", ""Urbem's 'Wonderful Business' Series: Paychex"", ""Urbem's 'Wonderful Business' Series: Paychex""]" ADP,2019-11-29,159.736,160.348,159.195,159.697, ADP,2019-12-02,159.461,159.786,157.241,157.636,"[""Double-Digit Dividend Growth Expected In December From Abbott, Ecolab, Stryker"", ""Buy-And-Hold Vs. Rotational Strategy: Tracking Sentiment Strategy Results (November 2019)"", ""Buy-And-Hold Vs. Rotational Strategy: Tracking Sentiment Strategy Results (November 2019)"", ""Double-Digit Dividend Growth Expected In December From Abbott, Ecolab, Stryker"", ""Buy-And-Hold Vs. Rotational Strategy: Tracking Sentiment Strategy Results (November 2019)"", ""Double-Digit Dividend Growth Expected In December From Abbott, Ecolab, Stryker""]" ADP,2019-12-03,155.92,156.57,155.427,156.275,"[""Trump: No Deadline on Trade Deal; Pre-Markets Sink"", ""Concerns Over U.S.-China Trade Deal"", ""Concerns Over U.S.-China Trade Deal"", ""Trump: No Deadline on Trade Deal; Pre-Markets Sink"", ""Concerns Over U.S.-China Trade Deal"", ""Trump: No Deadline on Trade Deal; Pre-Markets Sink""]" ADP,2019-12-04,156.265,157.892,155.989,157.616,"[""The Most Undervalued And Overvalued Dividend Aristocrats - December 2019"", ""Disappointing Private Sector Payrolls in November"", ""Disappointing Private Sector Payrolls in November"", ""The Most Undervalued And Overvalued Dividend Aristocrats - December 2019"", ""Disappointing Private Sector Payrolls in November"", ""The Most Undervalued And Overvalued Dividend Aristocrats - December 2019"", ""Dow gains more than 100 points at Wednesday's start of trading as optimism on tariff pact resurfaces U.S. stocks benchmarks kicked off Wednesday morning trade higher as investors took cheer from a report that Beijing and Washington are still working toward a phase one trade deal, offsetting fears of a delay sparked by President Donald Trump's Tuesday remarks. The Dow Jones Industrial Average rose 130 points. or 0.5%, at 27,629, cutting some of the 280-point skid from Tuesday, while the S&P 500 index advanced 12 points, or 0.4%, at 3,105, and the Nasdaq Composite Index climbed 0.4% at 8,556. Markets also were digesting glum reports from payroll-processor Automatic Data Processing Inc. , which showed that employers added just 67,000 workers in November, payroll processor ADP said, a much weaker reading than analysts had forecast, made worse by cuts to earlier months. The more closely followed report from the Labor Department comes out on Friday. Elsewhere on the economic front, Wall Street is awaiting service-sector data on the U.S. economy, which is due later in the morning, highlighted by an the Institute for Supply Management's nonmanufacturing index report due at 10 a.m. Eastern Time. On the company front, Expedia Group Inc. shares jumped after a reshuffle of top executives over ongoing disagreements over strategy.""]" ADP,2019-12-05,157.912,158.03,156.65,157.418,"These numbers will tell you if your tech stock is a plodding dinosaur or a speedy raptor Some companies spend to gain market share, while others burn cash to beat quarterly earnings estimates Some companies spend to gain market share, while others burn cash to beat quarterly earnings estimates." ADP,2019-12-06,158.593,159.519,158.484,158.948, ADP,2019-12-09,158.651,159.066,157.833,158.09,"[""Christmas Comes Early With These 28 Upcoming Dividend Increases"", ""Pershing Square Capital Management, L.P. Buys Agilent Technologies Inc, Sells Automatic Data ..."", ""Pershing Square Capital Management, L.P. Buys Agilent Technologies Inc, Sells Automatic Data ..."", ""Christmas Comes Early With These 28 Upcoming Dividend Increases"", ""Pershing Square Capital Management, L.P. Buys Agilent Technologies Inc, Sells Automatic Data ..."", ""Christmas Comes Early With These 28 Upcoming Dividend Increases""]" ADP,2019-12-10,158.09,158.228,157.241,157.478, ADP,2019-12-11,157.163,157.37,155.684,156.383, ADP,2019-12-12,156.315,157.518,155.338,157.173,"[""Tracking Al Gore's Generation Investment Management Portfolio - Q3 2019 Update"", ""Tracking Al Gore's Generation Investment Management Portfolio - Q3 2019 Update"", ""Tracking Al Gore's Generation Investment Management Portfolio - Q3 2019 Update""]" ADP,2019-12-13,156.72,158.307,156.068,158.188, ADP,2019-12-16,159.046,159.519,158.395,158.494, ADP,2019-12-17,158.701,159.312,157.981,158.247,"[""BBSI or ADP: Which Is the Better Value Stock Right Now?"", ""BBSI or ADP: Which Is the Better Value Stock Right Now?"", ""BBSI or ADP: Which Is the Better Value Stock Right Now?""]" ADP,2019-12-18,158.297,159.589,157.251,157.528, ADP,2019-12-19,157.261,159.273,156.758,158.632, ADP,2019-12-20,160.072,161.088,158.159,160.862, ADP,2019-12-23,161.039,161.127,159.589,159.836, ADP,2019-12-24,159.786,160.102,159.234,159.756, ADP,2019-12-26,160.141,160.595,159.441,160.141, ADP,2019-12-27,160.545,160.723,159.599,160.545, ADP,2019-12-30,160.289,160.625,158.918,159.451, ADP,2019-12-31,159.105,160.437,159.105,160.279, ADP,2020-01-02,161.67,161.709,159.085,160.111, ADP,2020-01-03,158.001,160.24,158.001,159.796, ADP,2020-01-06,158.968,160.131,158.721,159.993,"[""BBSI vs. ADP: Which Stock Is the Better Value Option?"", ""BBSI vs. ADP: Which Stock Is the Better Value Option?"", ""BBSI vs. ADP: Which Stock Is the Better Value Option?""]" ADP,2020-01-07,159.175,159.312,157.892,158.07,"[""Economic Data Deluge"", ""Econ Data Creeps In Ahead of Q4 Earnings Season"", ""Economic Data Deluge"", ""Econ Data Creeps In Ahead of Q4 Earnings Season"", ""Economic Data Deluge"", ""Econ Data Creeps In Ahead of Q4 Earnings Season""]" ADP,2020-01-08,158.681,160.289,158.109,159.569, ADP,2020-01-09,160.171,161.107,159.924,160.979,"[""Paylocity Releases W-4 Readiness Kit to Serve Clients' Needs"", ""Paylocity Releases W-4 Readiness Kit to Serve Clients' Needs"", ""Paylocity Releases W-4 Readiness Kit to Serve Clients' Needs""]" ADP,2020-01-10,161.709,161.709,160.417,160.862,"[""December '19 Jobs 145K, Unemployment 3.5%"", ""December '19 Jobs 145K, Unemployment 3.5%"", ""December '19 Jobs 145K, Unemployment 3.5%""]" ADP,2020-01-13,161.266,162.133,160.87,162.024, ADP,2020-01-14,161.817,162.024,160.279,160.999,"[""Citigroup Assumes Automatic Data Processing at Neutral, Raises $185 Price Target"", ""Citigroup Assumes Automatic Data Processing at Neutral, Raises $185 Price Target"", ""Citigroup Assumes Automatic Data Processing at Neutral, Raises $185 Price Target""]" ADP,2020-01-15,161.769,164.047,161.522,162.469,"[""Cullinan Associates Inc Buys Truist Financial Corp, Automatic Data Processing Inc, Lam Research ..."", ""Cullinan Associates Inc Buys Truist Financial Corp, Automatic Data Processing Inc, Lam Research ..."", ""Cullinan Associates Inc Buys Truist Financial Corp, Automatic Data Processing Inc, Lam Research ...""]" ADP,2020-01-16,163.454,164.461,162.587,164.401, ADP,2020-01-17,165.506,166.305,164.618,166.265,"[""\u20138\u2026 Wealth Advisors, Llc Buys PPG Industries Inc, Westinghouse Air Brake Technologies Corp, ..."", ""Stocks That Hit 52-Week Highs On Friday"", ""Stocks That Hit 52-Week Highs On Friday"", ""\u20138\u2026 Wealth Advisors, Llc Buys PPG Industries Inc, Westinghouse Air Brake Technologies Corp, ..."", ""Stocks That Hit 52-Week Highs On Friday"", ""\u20138\u2026 Wealth Advisors, Llc Buys PPG Industries Inc, Westinghouse Air Brake Technologies Corp, ...""]" ADP,2020-01-21,164.471,166.976,164.471,165.664,"[""Hillman Co Buys Apollo Global Management Inc, Automatic Data Processing Inc, Sells Apollo ..."", ""Stocks That Hit 52-Week Highs On Tuesday"", ""Stocks That Hit 52-Week Highs On Tuesday"", ""Hillman Co Buys Apollo Global Management Inc, Automatic Data Processing Inc, Sells Apollo ..."", ""Stocks That Hit 52-Week Highs On Tuesday"", ""Hillman Co Buys Apollo Global Management Inc, Automatic Data Processing Inc, Sells Apollo ...""]" ADP,2020-01-22,167.646,169.125,166.581,167.656,"[""Automatic Data Processing Earns Relative Strength Rating Upgrade"", ""Evercore ISI Group Upgrades Automatic Data Processing to Outperform"", ""Benzinga's Top Upgrades, Downgrades For January 22, 2020"", ""Stocks That Hit 52-Week Highs On Wednesday"", ""Stocks That Hit 52-Week Highs On Wednesday"", ""Benzinga's Top Upgrades, Downgrades For January 22, 2020"", ""Evercore ISI Group Upgrades Automatic Data Processing to Outperform"", ""Automatic Data Processing Earns Relative Strength Rating Upgrade"", ""Stocks That Hit 52-Week Highs On Wednesday"", ""Benzinga's Top Upgrades, Downgrades For January 22, 2020"", ""Evercore ISI Group Upgrades Automatic Data Processing to Outperform"", ""Automatic Data Processing Earns Relative Strength Rating Upgrade""]" ADP,2020-01-23,167.143,167.784,166.403,167.203,"[""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $180"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $180"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $180""]" ADP,2020-01-24,168.129,168.229,165.644,166.601,"[""What Awaits Automatic Data Processing (ADP) in Q2 Earnings?"", ""What Awaits Automatic Data Processing (ADP) in Q2 Earnings?"", ""What Awaits Automatic Data Processing (ADP) in Q2 Earnings?""]" ADP,2020-01-27,164.698,166.068,164.047,165.22,"Tesla, Apple, Boeing, Amazon, and Other Stocks to Watch This Week It’s the busiest week of fourth-quarter earnings season with earnings from Tesla, Apple, Amazon, AT&T, Microsoft, Boeing, AMD, and more. Plus, an FOMC decision." ADP,2020-01-28,165.506,168.247,165.378,167.626, ADP,2020-01-29,161.561,163.86,160.703,160.812,"[""Mogy Joel R Investment Counsel Inc Buys Brookfield Asset Management Inc, Automatic Data ..."", ""Arcadia Investment Management Corp Buys Veeva Systems Inc, PayPal Holdings Inc, ServiceNow Inc, ..."", ""Automatic Data Processing (ADP) Q2 Earnings Top, Revenues Lag"", ""Automatic Data Processing (ADP) Beats Q2 Earnings Estimates"", ""Earnings Scheduled For January 29, 2020"", ""Automatic Data Processing Q2 EPS $1.52 Beats $1.45 Estimate, Sales $3.67B Miss $3.69B Estimate"", ""Automatic Data Processing shares are trading lower after the company reported worse-than-expected Q2 sales results."", ""Recap: Automatic Data Processing Q2 Earnings"", ""Recap: Automatic Data Processing Q2 Earnings"", ""Automatic Data Processing shares are trading lower after the company reported worse-than-expected Q2 sales results."", ""Automatic Data Processing Q2 EPS $1.52 Beats $1.45 Estimate, Sales $3.67B Miss $3.69B Estimate"", ""Earnings Scheduled For January 29, 2020"", ""Mogy Joel R Investment Counsel Inc Buys Brookfield Asset Management Inc, Automatic Data ..."", ""Arcadia Investment Management Corp Buys Veeva Systems Inc, PayPal Holdings Inc, ServiceNow Inc, ..."", ""Automatic Data Processing (ADP) Q2 Earnings Top, Revenues Lag"", ""Automatic Data Processing (ADP) Beats Q2 Earnings Estimates"", ""Recap: Automatic Data Processing Q2 Earnings"", ""Automatic Data Processing shares are trading lower after the company reported worse-than-expected Q2 sales results."", ""Automatic Data Processing Q2 EPS $1.52 Beats $1.45 Estimate, Sales $3.67B Miss $3.69B Estimate"", ""Earnings Scheduled For January 29, 2020"", ""Mogy Joel R Investment Counsel Inc Buys Brookfield Asset Management Inc, Automatic Data ..."", ""Arcadia Investment Management Corp Buys Veeva Systems Inc, PayPal Holdings Inc, ServiceNow Inc, ..."", ""Automatic Data Processing (ADP) Q2 Earnings Top, Revenues Lag"", ""Automatic Data Processing (ADP) Beats Q2 Earnings Estimates""]" ADP,2020-01-30,158.849,164.598,158.267,164.53, ADP,2020-01-31,164.057,164.944,160.615,161.156,"[""Stocks With Rising Relative Strength: Automatic Data Processing"", ""Opus Capital Group, LLC Buys iShares Short Treasury Bond ETF, Truist Financial Corp, SPDR ..."", ""Opus Capital Group, LLC Buys iShares Short Treasury Bond ETF, Truist Financial Corp, SPDR ..."", ""Stocks With Rising Relative Strength: Automatic Data Processing"", ""Opus Capital Group, LLC Buys iShares Short Treasury Bond ETF, Truist Financial Corp, SPDR ..."", ""Stocks With Rising Relative Strength: Automatic Data Processing""]" ADP,2020-02-03,163.474,164.678,162.646,163.534,"[""Manufacturing, Jobs, Google Q4 Data On Deck"", ""Market Waits for Major Economic and Earnings Data"", ""Market Waits for Major Economic and Earnings Data"", ""Manufacturing, Jobs, Google Q4 Data On Deck"", ""Market Waits for Major Economic and Earnings Data"", ""Manufacturing, Jobs, Google Q4 Data On Deck""]" ADP,2020-02-04,166.098,167.41,164.332,165.398, ADP,2020-02-05,167.695,168.306,166.226,167.932,"[""Strong Private Sector Payrolls in January"", ""ADP Posts Blowout +291K New Jobs for January"", ""Eagle Ridge Investment Management Buys Bristol-Myers Squibb Company, Walker & Dunlop Inc, ..."", ""Eagle Ridge Investment Management Buys Bristol-Myers Squibb Company, Walker & Dunlop Inc, ..."", ""Strong Private Sector Payrolls in January"", ""ADP Posts Blowout +291K New Jobs for January"", ""Eagle Ridge Investment Management Buys Bristol-Myers Squibb Company, Walker & Dunlop Inc, ..."", ""Strong Private Sector Payrolls in January"", ""ADP Posts Blowout +291K New Jobs for January""]" ADP,2020-02-06,168.987,169.668,168.109,169.471,"[""Initial Jobless Claims Decline Sharply"", ""Stocks That Hit 52-Week Highs On Thursday"", ""Stocks That Hit 52-Week Highs On Thursday"", ""Initial Jobless Claims Decline Sharply"", ""Stocks That Hit 52-Week Highs On Thursday"", ""Initial Jobless Claims Decline Sharply""]" ADP,2020-02-07,169.017,169.135,167.814,168.386,"[""Economic Data Deluge"", ""Salomon & Ludwin, LLC Buys SPDR S&P 5\u2026\u2026 ETF Trust, SPDR S&P MidCap 4\u2026\u2026 ETF, ..."", ""Jobs Growth Stays Buoyant: 225K, Unemployment 3.6%"", ""Salomon & Ludwin, LLC Buys SPDR S&P 5\u2026\u2026 ETF Trust, SPDR S&P MidCap 4\u2026\u2026 ETF, ..."", ""Economic Data Deluge"", ""Jobs Growth Stays Buoyant: 225K, Unemployment 3.6%"", ""Salomon & Ludwin, LLC Buys SPDR S&P 5\u2026\u2026 ETF Trust, SPDR S&P MidCap 4\u2026\u2026 ETF, ..."", ""Economic Data Deluge"", ""Jobs Growth Stays Buoyant: 225K, Unemployment 3.6%""]" ADP,2020-02-10,167.972,169.057,167.636,168.633, ADP,2020-02-11,169.461,169.461,167.163,167.32,"[""Busey Trust CO Buys Bristol-Myers Squibb Company, Energy Select Sector SPDR Fund, The ..."", ""BHK Investment Advisors, LLC Buys Vanguard Small-Cap Value ETF, Vanguard Mid-Cap Value ETF, ..."", ""BHK Investment Advisors, LLC Buys Vanguard Small-Cap Value ETF, Vanguard Mid-Cap Value ETF, ..."", ""Busey Trust CO Buys Bristol-Myers Squibb Company, Energy Select Sector SPDR Fund, The ..."", ""BHK Investment Advisors, LLC Buys Vanguard Small-Cap Value ETF, Vanguard Mid-Cap Value ETF, ..."", ""Busey Trust CO Buys Bristol-Myers Squibb Company, Energy Select Sector SPDR Fund, The ...""]" ADP,2020-02-12,168.002,170.043,166.295,167.38,"[""Stocks That Hit 52-Week Highs On Wednesday"", ""Stocks That Hit 52-Week Highs On Wednesday"", ""Stocks That Hit 52-Week Highs On Wednesday""]" ADP,2020-02-13,166.857,170.17,166.462,169.323,"[""Household Inflation Lower in January"", ""Tiedemann Wealth Management, Llc Buys Vanguard FTSE Developed Markets ETF, Liberty Property ..."", ""Jobless Claims, CPI Lower; Tesla (TSLA) Raising Stock Offering"", ""Acorda Therapeutics (ACOR) Reports Q4 Loss, Tops Revenue Estimates"", ""Household Inflation Lower in January"", ""Acorda Therapeutics (ACOR) Reports Q4 Loss, Tops Revenue Estimates"", ""Jobless Claims, CPI Lower; Tesla (TSLA) Raising Stock Offering"", ""Tiedemann Wealth Management, Llc Buys Vanguard FTSE Developed Markets ETF, Liberty Property ..."", ""Household Inflation Lower in January"", ""Acorda Therapeutics (ACOR) Reports Q4 Loss, Tops Revenue Estimates"", ""Jobless Claims, CPI Lower; Tesla (TSLA) Raising Stock Offering"", ""Tiedemann Wealth Management, Llc Buys Vanguard FTSE Developed Markets ETF, Liberty Property ...""]" ADP,2020-02-14,169.372,170.447,168.653,170.417,"[""Oribel Capital Management, LP Buys NVIDIA Corp, Alibaba Group Holding, Analog Devices Inc, ..."", ""Oribel Capital Management, LP Buys NVIDIA Corp, Alibaba Group Holding, Analog Devices Inc, ..."", ""Oribel Capital Management, LP Buys NVIDIA Corp, Alibaba Group Holding, Analog Devices Inc, ...""]" ADP,2020-02-18,170.614,171.403,168.977,169.164,"[""Human Capital Management Solution Market Development Status Highlighted During Forecast Period ..."", ""Stocks That Hit 52-Week Highs On Tuesday"", ""Stocks That Hit 52-Week Highs On Tuesday"", ""Human Capital Management Solution Market Development Status Highlighted During Forecast Period ..."", ""Stocks That Hit 52-Week Highs On Tuesday"", ""Human Capital Management Solution Market Development Status Highlighted During Forecast Period ...""]" ADP,2020-02-19,169.698,170.861,169.401,170.417, ADP,2020-02-20,169.865,170.871,167.824,169.963, ADP,2020-02-21,169.037,169.628,166.739,167.892, ADP,2020-02-24,165.259,166.572,163.494,164.095,"[""Mackenzie Financial Corp Buys Allstate Corp, Automatic Data Processing Inc, SPDR Gold Trust, ..."", ""Time and Attendance Systems Market Size, Share \u2014\u2026\u2014\u2026 Analysis, Growth by Top Companies, ..."", ""Mackenzie Financial Corp Buys Allstate Corp, Automatic Data Processing Inc, SPDR Gold Trust, ..."", ""Time and Attendance Systems Market Size, Share \u2014\u2026\u2014\u2026 Analysis, Growth by Top Companies, ..."", ""Mackenzie Financial Corp Buys Allstate Corp, Automatic Data Processing Inc, SPDR Gold Trust, ..."", ""Time and Attendance Systems Market Size, Share \u2014\u2026\u2014\u2026 Analysis, Growth by Top Companies, ...""]" ADP,2020-02-25,164.194,164.984,156.917,157.183, ADP,2020-02-26,158.888,160.575,156.285,156.383, ADP,2020-02-27,154.244,156.029,148.03,148.099,"[""Shares of several industrial companies are trading lower as growing coronavirus fears hamper economic outlook."", ""Shares of several industrial companies are trading lower as growing coronavirus fears hamper economic outlook."", ""Shares of several industrial companies are trading lower as growing coronavirus fears hamper economic outlook.""]" ADP,2020-02-28,144.224,149.904,141.512,145.476,"[""ADP (ADP) Down 10% Since Last Earnings Report: Can It Rebound?"", ""Shares of several industrial companies are trading lower as the global coronavirus spread continues to cause equities across sectors to sell-off amid worsened economic outlook."", ""Shares of several industrial companies are trading lower as the global coronavirus spread continues to cause equities across sectors to sell-off amid worsened economic outlook."", ""ADP (ADP) Down 10% Since Last Earnings Report: Can It Rebound?"", ""Shares of several industrial companies are trading lower as the global coronavirus spread continues to cause equities across sectors to sell-off amid worsened economic outlook."", ""ADP (ADP) Down 10% Since Last Earnings Report: Can It Rebound?""]" ADP,2020-03-02,146.423,153.336,145.012,153.257, ADP,2020-03-03,151.699,154.609,144.785,145.949,"[""6 Guru Stocks Trading With Low Price-Sales Ratios"", ""6 Guru Stocks Trading With Low Price-Sales Ratios"", ""6 Guru Stocks Trading With Low Price-Sales Ratios"", ""These stocks took the biggest hit after the Fed\u2019s interest-rate cut sent markets reeling Financial firms got hammered after the Fed\u2019s surprise rate decrease Financial firms got hammered after the Fed\u2019s surprise rate decrease.""]" ADP,2020-03-04,148.947,154.786,147.429,154.559,"[""Economic Data Deluge"", ""Market Roller Coaster Takes Dow Up 600+ Points"", ""Shares of several industrial companies are trading higher after Joe Biden took the delegate lead on Super Tuesday. Biden's more 'moderate' economic policies have been seen as more favorable for growth."", ""Shares of several industrial companies are trading higher after Joe Biden took the delegate lead on Super Tuesday. Biden's more 'moderate' economic policies have been seen as more favorable for growth."", ""Economic Data Deluge"", ""Market Roller Coaster Takes Dow Up 600+ Points"", ""Shares of several industrial companies are trading higher after Joe Biden took the delegate lead on Super Tuesday. Biden's more 'moderate' economic policies have been seen as more favorable for growth."", ""Economic Data Deluge"", ""Market Roller Coaster Takes Dow Up 600+ Points""]" ADP,2020-03-05,149.894,153.376,149.421,151.068,"[""Coronavirus Market Flip-Flops Continue"", ""Severe Volatility Rattles Wall Street"", ""Severe Volatility Rattles Wall Street"", ""Coronavirus Market Flip-Flops Continue"", ""Severe Volatility Rattles Wall Street"", ""Coronavirus Market Flip-Flops Continue""]" ADP,2020-03-06,144.037,150.535,143.848,149.618,"[""Shares of several companies in the broader industrial sector are trading lower amid the global coronavirus outbreak, which has hampered global economic outlook for the sector."", ""Shares of several companies in the broader industrial sector are trading lower amid the global coronavirus outbreak, which has hampered global economic outlook for the sector."", ""Shares of several companies in the broader industrial sector are trading lower amid the global coronavirus outbreak, which has hampered global economic outlook for the sector.""]" ADP,2020-03-09,140.18,145.929,137.518,141.896,"[""Morgan Stanley Institutional Global Franchise Fund Buys Thermo Fisher Scientific Inc, Automatic ..."", ""MS Global Franchise Fund's Top 4th-Quarter Buys"", ""MS Global Franchise Fund's Top 4th-Quarter Buys"", ""Morgan Stanley Institutional Global Franchise Fund Buys Thermo Fisher Scientific Inc, Automatic ..."", ""MS Global Franchise Fund's Top 4th-Quarter Buys"", ""Morgan Stanley Institutional Global Franchise Fund Buys Thermo Fisher Scientific Inc, Automatic ...""]" ADP,2020-03-10,147.557,147.715,138.405,145.181, ADP,2020-03-11,140.683,142.823,136.974,139.155,"[""5% Surge Recovers More Than Half of Yesterday's Plunge"", ""Here's Why You Should Hold Automatic Data Processing Stock"", ""Here's Why You Should Hold Automatic Data Processing Stock"", ""5% Surge Recovers More Than Half of Yesterday's Plunge"", ""Here's Why You Should Hold Automatic Data Processing Stock"", ""5% Surge Recovers More Than Half of Yesterday's Plunge""]" ADP,2020-03-12,130.111,130.427,119.065,123.247,"[""Portfolio Highlights: From Hold To Buy - March 2020"", ""Shares of several companies in the broader industrial sector including construction, shipping, defense and others, are trading lower as equities sell off. The global coronavirus outbreak has weakened economic outlook and negatively impacted industrials."", ""Stocks That Hit 52-Week Lows On Thursday"", ""Stocks That Hit 52-Week Lows On Thursday"", ""Shares of several companies in the broader industrial sector including construction, shipping, defense and others, are trading lower as equities sell off. The global coronavirus outbreak has weakened economic outlook and negatively impacted industrials."", ""Portfolio Highlights: From Hold To Buy - March 2020"", ""Stocks That Hit 52-Week Lows On Thursday"", ""Shares of several companies in the broader industrial sector including construction, shipping, defense and others, are trading lower as equities sell off. The global coronavirus outbreak has weakened economic outlook and negatively impacted industrials."", ""Portfolio Highlights: From Hold To Buy - March 2020""]" ADP,2020-03-13,129.598,136.728,122.29,136.699, ADP,2020-03-16,121.146,124.598,115.475,115.841, ADP,2020-03-17,117.735,123.484,112.034,122.408, ADP,2020-03-18,114.332,115.959,97.5501,111.235,"[""Automatic Data Processing Hits a New 52-Week Low: Here's Why"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Lowers Price Target to $145"", ""Shares of several industrial companies are trading lower as equities sell-off amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted stocks across sectors."", ""Shares of several industrial companies are trading lower as equities sell-off amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted stocks across sectors."", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Lowers Price Target to $145"", ""Automatic Data Processing Hits a New 52-Week Low: Here's Why"", ""Shares of several industrial companies are trading lower as equities sell-off amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted stocks across sectors."", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Lowers Price Target to $145"", ""Automatic Data Processing Hits a New 52-Week Low: Here's Why""]" ADP,2020-03-19,111.432,116.52,104.055,111.038,"[""Shares of several industrial companies are trading lower amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted supply chains for many companies. UPDATE: Trading has since reversed."", ""Shares of several industrial companies are trading lower amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted supply chains for many companies. UPDATE: Trading has since reversed."", ""Shares of several industrial companies are trading lower amid continued global coronavirus concerns. The virus has caused global economic disruption and negatively impacted supply chains for many companies. UPDATE: Trading has since reversed.""]" ADP,2020-03-20,112.498,113.009,101.313,106.018, ADP,2020-03-23,102.665,106.018,99.2323,103.167, ADP,2020-03-24,108.444,115.467,108.138,114.421,"[""Portfolio Review: Apple, MSC Industrial, PepsiCo, Mastercard"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Lowers Price Target to $137"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Lowers Price Target to $137"", ""Portfolio Review: Apple, MSC Industrial, PepsiCo, Mastercard"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Lowers Price Target to $137"", ""Portfolio Review: Apple, MSC Industrial, PepsiCo, Mastercard""]" ADP,2020-03-25,114.232,122.971,110.2,115.959, ADP,2020-03-26,116.413,130.684,115.968,129.657, ADP,2020-03-27,123.326,128.661,121.954,124.282,"[""It's A Buyers' Market Choose Quality If You're Scared: 20 A Rated Low Debt Blue Chips To Consider"", ""It's A Buyers' Market Choose Quality If You're Scared: 20 A Rated Low Debt Blue Chips To Consider"", ""It's A Buyers' Market Choose Quality If You're Scared: 20 A Rated Low Debt Blue Chips To Consider"", ""Here are Thursday\u2019s best-performing stocks as the Dow Jones Industrial Average produces a three-day gain of 21% Boeing led the Dow higher Thursday. Still, the index is down 24% from its record closing high last month Boeing led the Dow higher Thursday. Still, the index is down 24% from its record closing high last month.""]" ADP,2020-03-30,125.259,131.048,124.647,130.377, ADP,2020-03-31,127.675,131.866,126.975,129.293, ADP,2020-04-01,122.951,126.205,121.176,122.714,"[""Shares of several industrial companies are trading lower amid market weakness as macro concerns continue to grow as a result of the coronavirus pandemic. The White House said it expects a surge in coronavirus cases over the next 2 weeks."", ""Shares of several industrial companies are trading lower amid market weakness as macro concerns continue to grow as a result of the coronavirus pandemic. The White House said it expects a surge in coronavirus cases over the next 2 weeks."", ""Shares of several industrial companies are trading lower amid market weakness as macro concerns continue to grow as a result of the coronavirus pandemic. The White House said it expects a surge in coronavirus cases over the next 2 weeks."", ""Dow skids nearly 900 points lower at the open to start April trade as Trump warns of 'very, very painful' weeks ahead U.S. stock indexes open sharply lower Wednesday morning to start April and a new quarter, as as President Donald Trump warned on Tuesday that a \""very, very painful\"" two weeks are ahead as the COVID-19 pandemic continues. The Dow Jones Industrial Average opened down 889 points, or 4%, at 21,053, the S&P 500 index retreated 3.7% at 2,488, while the Nasdaq Composite Index gave up 3.1% to reach 7,469. Markets are coming off of their worst monthly losses since the 2008 financial crisis. And investors appear to be attempting to come to grips with the prospect of a long slog from out of the morass of a viral outbreak that is pushing the domestic and global economy into a recession. The White House on Tuesday released new projections for 100,000 to 240,000 deaths in the U.S. from the coronavirus pandemic even if current social-distancing guidelines are maintained. Meanwhile, the number of COVID-19 cases world-wide rose to 862,234 on Wednesday, while the number of deaths rose to 42,404 according to aggregated data from Johns Hopkins University. In economic news, Automatic Data Processing reported the U.S. economy shed 27,000 private-sector jobs in March, though the data is expected to be of little use in predicting the official unemployment numbers due on Friday due to distortions created by the pandemic.""]" ADP,2020-04-02,120.831,125.456,120.555,124.44,"[""Will ADP (ADP) Beat Estimates Again in Its Next Earnings Report?"", ""Will ADP (ADP) Beat Estimates Again in Its Next Earnings Report?"", ""Will ADP (ADP) Beat Estimates Again in Its Next Earnings Report?""]" ADP,2020-04-03,123.641,125.377,119.835,121.62, ADP,2020-04-06,127.695,132.872,127.093,132.103,"[""Shares of several industrial companies are trading higher with the broader market on optimism that coronavirus cases in several US hotspots appear to be reaching their peak."", ""Shares of several industrial companies are trading higher with the broader market on optimism that coronavirus cases in several US hotspots appear to be reaching their peak."", ""Shares of several industrial companies are trading higher with the broader market on optimism that coronavirus cases in several US hotspots appear to be reaching their peak.""]" ADP,2020-04-07,137.665,139.223,129.361,129.568,"[""First American Bank Buys CMS Energy Corp, Trane Technologies PLC, Adobe Inc, Sells Truist ..."", ""Hillman Co Buys Automatic Data Processing Inc, Sells Netflix Inc, MercadoLibre Inc"", ""Gradient Investments LLC Buys Invesco BulletShares \u2014\u2026\u2014\u2013 High Yield Corporate Bon, ..."", ""Shares of several industrial companies are trading higher amid optimism that coronavirus cases in Asia are potentially easing. Strength may also be attributed to optimism that coronavirus cases in several US hotspots appear to be reaching their peak."", ""Will The Remote Office Become Habit After The Coronavirus Pandemic?"", ""Will The Remote Office Become Habit After The Coronavirus Pandemic?"", ""Shares of several industrial companies are trading higher amid optimism that coronavirus cases in Asia are potentially easing. Strength may also be attributed to optimism that coronavirus cases in several US hotspots appear to be reaching their peak."", ""First American Bank Buys CMS Energy Corp, Trane Technologies PLC, Adobe Inc, Sells Truist ..."", ""Hillman Co Buys Automatic Data Processing Inc, Sells Netflix Inc, MercadoLibre Inc"", ""Gradient Investments LLC Buys Invesco BulletShares \u2014\u2026\u2014\u2013 High Yield Corporate Bon, ..."", ""Will The Remote Office Become Habit After The Coronavirus Pandemic?"", ""Shares of several industrial companies are trading higher amid optimism that coronavirus cases in Asia are potentially easing. Strength may also be attributed to optimism that coronavirus cases in several US hotspots appear to be reaching their peak."", ""First American Bank Buys CMS Energy Corp, Trane Technologies PLC, Adobe Inc, Sells Truist ..."", ""Hillman Co Buys Automatic Data Processing Inc, Sells Netflix Inc, MercadoLibre Inc"", ""Gradient Investments LLC Buys Invesco BulletShares \u2014\u2026\u2014\u2013 High Yield Corporate Bon, ...""]" ADP,2020-04-08,130.554,132.054,128.977,131.038,"[""Mountain Pacific Investment Advisers Inc Buys Assurant Inc, Vanguard Short-Term Government Bond ..."", ""Mountain Pacific Investment Advisers Inc Buys Assurant Inc, Vanguard Short-Term Government Bond ..."", ""Mountain Pacific Investment Advisers Inc Buys Assurant Inc, Vanguard Short-Term Government Bond ...""]" ADP,2020-04-09,132.665,136.038,132.35,134.826,"[""ADP Announces Appointment of SAIC CEO Nazzic Keene to Board"", ""M&g Investment Management Ltd Buys Automatic Data Processing Inc, Visa Inc, Martin Marietta ..."", ""Shares of several industrial companies are trading higher despite a jump in weekly jobless claims after the Fed unveiled details of a $2.3 trillion plan aimed to support the economy."", ""Shares of several industrial companies are trading higher despite a jump in weekly jobless claims after the Fed unveiled details of a $2.3 trillion plan aimed to support the economy."", ""M&g Investment Management Ltd Buys Automatic Data Processing Inc, Visa Inc, Martin Marietta ..."", ""ADP Announces Appointment of SAIC CEO Nazzic Keene to Board"", ""Shares of several industrial companies are trading higher despite a jump in weekly jobless claims after the Fed unveiled details of a $2.3 trillion plan aimed to support the economy."", ""M&g Investment Management Ltd Buys Automatic Data Processing Inc, Visa Inc, Martin Marietta ..."", ""ADP Announces Appointment of SAIC CEO Nazzic Keene to Board""]" ADP,2020-04-13,132.665,133.306,128.68,131.984,"[""Shares of several industrial companies are trading lower amid overall market weakness. The coronavirus has caused global macro disruption, which has been a negative catalyst for the sector as output and investment outlook is hampered."", ""Shares of several industrial companies are trading lower amid overall market weakness. The coronavirus has caused global macro disruption, which has been a negative catalyst for the sector as output and investment outlook is hampered."", ""Shares of several industrial companies are trading lower amid overall market weakness. The coronavirus has caused global macro disruption, which has been a negative catalyst for the sector as output and investment outlook is hampered.""]" ADP,2020-04-14,133.119,136.216,132.892,136.098,"[""ATTO vs. ADP: Which Stock Is the Better Value Option?"", ""Citigroup Maintains Neutral on Automatic Data Processing, Lowers Price Target to $140"", ""Citigroup Maintains Neutral on Automatic Data Processing, Lowers Price Target to $140"", ""ATTO vs. ADP: Which Stock Is the Better Value Option?"", ""Citigroup Maintains Neutral on Automatic Data Processing, Lowers Price Target to $140"", ""ATTO vs. ADP: Which Stock Is the Better Value Option?""]" ADP,2020-04-15,132.576,133.059,129.776,130.2,"[""Shares of several industrial companies are trading lower as equities fall amid mixed earnings results from banks, a significant decline in the price of oil and worse than expected retail sales in March."", ""JP Morgan Maintains Neutral on Automatic Data Processing, Lowers Price Target to $159"", ""JP Morgan Maintains Neutral on Automatic Data Processing, Lowers Price Target to $159"", ""Shares of several industrial companies are trading lower as equities fall amid mixed earnings results from banks, a significant decline in the price of oil and worse than expected retail sales in March."", ""JP Morgan Maintains Neutral on Automatic Data Processing, Lowers Price Target to $159"", ""Shares of several industrial companies are trading lower as equities fall amid mixed earnings results from banks, a significant decline in the price of oil and worse than expected retail sales in March.""]" ADP,2020-04-16,131.028,131.442,127.162,129.529, ADP,2020-04-17,133.858,134.441,131.205,133.454,"[""Shares of several industrial companies are trading higher as investor coronavirus outlook improves following positive drug data from Gilead. Hopes of a successful treatment candidate have improved the outlook for a rebound in the economy."", ""Shares of several industrial companies are trading higher as investor coronavirus outlook improves following positive drug data from Gilead. Hopes of a successful treatment candidate have improved the outlook for a rebound in the economy."", ""Shares of several industrial companies are trading higher as investor coronavirus outlook improves following positive drug data from Gilead. Hopes of a successful treatment candidate have improved the outlook for a rebound in the economy.""]" ADP,2020-04-20,131.038,133.997,130.554,132.261,"[""Lederer & Associates Investment Counsel Buys Automatic Data Processing Inc, Amazon. ..."", ""Hendershot Investments Inc. Buys Automatic Data Processing Inc, Paychex Inc, General Dynamics ..."", ""Lederer & Associates Investment Counsel Buys Automatic Data Processing Inc, Amazon. ..."", ""Hendershot Investments Inc. Buys Automatic Data Processing Inc, Paychex Inc, General Dynamics ..."", ""Lederer & Associates Investment Counsel Buys Automatic Data Processing Inc, Amazon. ..."", ""Hendershot Investments Inc. Buys Automatic Data Processing Inc, Paychex Inc, General Dynamics ...""]" ADP,2020-04-21,129.795,130.2,125.998,126.393,"[""Shares of several industrial companies are trading lower as markets dip after oil prices fell to historic lows, partially stemming from weak demand caused by the coronavirus pandemic."", ""Shares of several industrial companies are trading lower as markets dip after oil prices fell to historic lows, partially stemming from weak demand caused by the coronavirus pandemic."", ""Shares of several industrial companies are trading lower as markets dip after oil prices fell to historic lows, partially stemming from weak demand caused by the coronavirus pandemic.""]" ADP,2020-04-22,129.361,132.201,127.734,131.205,"[""Livforsakringsaktiebolaget Skandia (publ) Buys Amazon. ..."", ""Automatic Data Processing (ADP) Earnings Expected to Grow: Should You Buy?"", ""Shares of several industrial companies are trading higher as equities gain amid oil prices potentially stabilizing following the recent crash."", ""Shares of several industrial companies are trading higher as equities gain amid oil prices potentially stabilizing following the recent crash."", ""Automatic Data Processing (ADP) Earnings Expected to Grow: Should You Buy?"", ""Livforsakringsaktiebolaget Skandia (publ) Buys Amazon. ..."", ""Shares of several industrial companies are trading higher as equities gain amid oil prices potentially stabilizing following the recent crash."", ""Automatic Data Processing (ADP) Earnings Expected to Grow: Should You Buy?"", ""Livforsakringsaktiebolaget Skandia (publ) Buys Amazon. ...""]" ADP,2020-04-23,131.344,133.523,128.129,128.583, ADP,2020-04-24,129.144,132.182,128.059,131.699,"Without Sports, Investors Bet on Diamond Eagles’ Merger With DraftKings In a Covid-19 world, lots of stay-at-home bettors are drawn to online casino gambling like slots and blackjack. But sports will return, which may explain the investor excitement about a sports betting deal." ADP,2020-04-27,132.251,134.638,131.926,134.539, ADP,2020-04-28,135.486,138.297,134.903,135.288,"[""Business Services Apr 29 Earnings Rooster: MA, ADP & More"", ""Murphy Capital Management Inc Buys Trane Technologies PLC, Ingersoll Rand Inc, VanEck Vectors ..."", ""Hgk Asset Management Inc Buys Automatic Data Processing Inc, ViacomCBS Inc, Discover Financial ..."", ""Hgk Asset Management Inc Buys Automatic Data Processing Inc, ViacomCBS Inc, Discover Financial ..."", ""Murphy Capital Management Inc Buys Trane Technologies PLC, Ingersoll Rand Inc, VanEck Vectors ..."", ""Business Services Apr 29 Earnings Rooster: MA, ADP & More"", ""Hgk Asset Management Inc Buys Automatic Data Processing Inc, ViacomCBS Inc, Discover Financial ..."", ""Murphy Capital Management Inc Buys Trane Technologies PLC, Ingersoll Rand Inc, VanEck Vectors ..."", ""Business Services Apr 29 Earnings Rooster: MA, ADP & More""]" ADP,2020-04-29,138.819,138.819,133.947,137.962,"[""Automatic Data Processing (ADP) Q3 Earnings Meet Estimates"", ""Earnings Scheduled For April 29, 2020"", ""ADP Sees FY20 Sales Growth ~3%, Adj. EPS Growth 4-7%"", ""Automatic Data Processing Q3 Adj. EPS $1.920 Beats $1.890 Estimate, Sales $4.048B Beat $4.030B Estimate"", ""CFRA Maintains Hold on Automatic Data Processing, Lowers Price Target to $161"", ""CFRA Maintains Hold on Automatic Data Processing, Lowers Price Target to $161"", ""ADP Sees FY20 Sales Growth ~3%, Adj. EPS Growth 4-7%"", ""Automatic Data Processing Q3 Adj. EPS $1.920 Beats $1.890 Estimate, Sales $4.048B Beat $4.030B Estimate"", ""Earnings Scheduled For April 29, 2020"", ""Automatic Data Processing (ADP) Q3 Earnings Meet Estimates"", ""CFRA Maintains Hold on Automatic Data Processing, Lowers Price Target to $161"", ""ADP Sees FY20 Sales Growth ~3%, Adj. EPS Growth 4-7%"", ""Automatic Data Processing Q3 Adj. EPS $1.920 Beats $1.890 Estimate, Sales $4.048B Beat $4.030B Estimate"", ""Earnings Scheduled For April 29, 2020"", ""Automatic Data Processing (ADP) Q3 Earnings Meet Estimates""]" ADP,2020-04-30,136.689,139.362,135.801,138.76,"[""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $147"", ""Stifel Maintains Hold on Automatic Data Processing, Raises Price Target to $155"", ""BMO Capital Maintains Market Perform on Automatic Data Processing, Lowers Price Target to $154"", ""BMO Capital Maintains Market Perform on Automatic Data Processing, Lowers Price Target to $154"", ""Stifel Maintains Hold on Automatic Data Processing, Raises Price Target to $155"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $147"", ""BMO Capital Maintains Market Perform on Automatic Data Processing, Lowers Price Target to $154"", ""Stifel Maintains Hold on Automatic Data Processing, Raises Price Target to $155"", ""Morgan Stanley Maintains Equal-Weight on Automatic Data Processing, Raises Price Target to $147""]" ADP,2020-05-01,135.437,136.897,131.926,132.842, ADP,2020-05-04,131.827,136.837,130.93,136.689, ADP,2020-05-05,137.685,139.786,137.004,137.942,"[""Waratah Capital Advisors Ltd. Buys Barrick Gold Corp, Automatic Data Processing Inc, Lamar ..."", ""Waratah Capital Advisors Ltd. Buys Barrick Gold Corp, Automatic Data Processing Inc, Lamar ..."", ""Waratah Capital Advisors Ltd. Buys Barrick Gold Corp, Automatic Data Processing Inc, Lamar ...""]" ADP,2020-05-06,135.397,139.658,135.397,136.757,"[""ADP: -20.2M Jobs in April; Plus GM & SPOT"", ""Veritas Investment Management (UK) Ltd Buys Automatic Data Processing Inc, Tractor Supply Co, ..."", ""Veritas Investment Management LLP Buys Automatic Data Processing Inc, Tractor Supply Co, Hasbro ..."", ""Veritas Investment Management (UK) Ltd Buys Automatic Data Processing Inc, Tractor Supply Co, ..."", ""Veritas Investment Management LLP Buys Automatic Data Processing Inc, Tractor Supply Co, Hasbro ..."", ""ADP: -20.2M Jobs in April; Plus GM & SPOT"", ""Veritas Investment Management (UK) Ltd Buys Automatic Data Processing Inc, Tractor Supply Co, ..."", ""Veritas Investment Management LLP Buys Automatic Data Processing Inc, Tractor Supply Co, Hasbro ..."", ""ADP: -20.2M Jobs in April; Plus GM & SPOT"", ""Dow opens 160 points higher, aims for 3rd straight gain as ADP report shows 20.2 million job losses in April U.S. on Wednesday opened modestly higher, as investors digested a report on private-sector employment, which underscored the damage of the coronavirus-induced lockdowns on jobs. Private-sector companies lost 20.2 million jobs in April, according to data from Automatic Data Processing Inc. . The report comes ahead of a more closely followed update on employment from the Labor Department on Friday. The Dow Jones Industrial Average rose 166 points, or 0.7%, at 24,049, the S&P 500 index added 0.7% at 2,889, while the Nasdaq Composite Index advanced 1% at 8,894. Gains for the main equity gauges would represent the third in a row. The unemployment rate has likely surged to the highest level on record - the MarketWatch forecast is 15% - from a mere 3.5% just two months ago."", ""Dow ends 200 points lower after losing steam in late trade, following loss of 20 million private sector jobs Investors now await Thursday\u2019s U.S. weekly jobless claims data and Friday\u2019s monthly nonfarm payrolls and unemployment report Nasdaq books third day of gains, off only 1.3% on year to date, as market weighs data showing a collapse in private-sector employment in April against the easing of lockdowns imposed by the coronavirus pandemic.""]" ADP,2020-05-07,139.431,141.265,138.741,139.786,"[""Jensen Investment Management Inc Buys Automatic Data Processing Inc, Alphabet Inc, Stryker ..."", ""Jensen Investment Management Inc Buys Automatic Data Processing Inc, Alphabet Inc, Stryker ..."", ""Jensen Investment Management Inc Buys Automatic Data Processing Inc, Alphabet Inc, Stryker ..."", ""Dow ends up 211 points but gains were cut in half headed into the close as Pfizer\u2019s stock slump weighed Nasdaq Composite erases its losses for the year to rise less than 0.1% so far in 2020 U.S. benchmark stock indexes opened higher Thursday, with the technology-laden Nasdaq Composite index recovering all its year-to-date losses suffered when the coronavirus pandemic crushed the 11-year old bull market in March.""]" ADP,2020-05-08,141.482,141.689,136.917,138.119,"[""Biondo Investment Advisors, LLC Buys Edwards Lifesciences Corp, Truist Financial Corp, Amazon. ..."", ""Biondo Investment Advisors, LLC Buys Edwards Lifesciences Corp, Truist Financial Corp, Amazon. ..."", ""Biondo Investment Advisors, LLC Buys Edwards Lifesciences Corp, Truist Financial Corp, Amazon. ...""]" ADP,2020-05-11,136.305,137.922,135.929,136.807,"[""Pegasus Partners Ltd. Buys SPDR S&P 5\u2026\u2026, iShares Core S&P 5\u2026\u2026, iShares Core ..."", ""Pegasus Partners Ltd. Buys SPDR S&P 5\u2026\u2026, iShares Core S&P 5\u2026\u2026, iShares Core ..."", ""Pegasus Partners Ltd. Buys SPDR S&P 5\u2026\u2026, iShares Core S&P 5\u2026\u2026, iShares Core ...""]" ADP,2020-05-12,137.034,137.764,133.75,134.065,"[""Bls Capital Fondsmaeglerselskab A Buys Anheuser-Busch InBev SA/NV, Mastercard Inc, Automatic ..."", ""Princeton Portfolio Strategies Group LLC Buys Automatic Data Processing Inc, Global Payments ..."", ""Princeton Portfolio Strategies Group LLC Buys Automatic Data Processing Inc, Global Payments ..."", ""Bls Capital Fondsmaeglerselskab A Buys Anheuser-Busch InBev SA/NV, Mastercard Inc, Automatic ..."", ""Princeton Portfolio Strategies Group LLC Buys Automatic Data Processing Inc, Global Payments ..."", ""Bls Capital Fondsmaeglerselskab A Buys Anheuser-Busch InBev SA/NV, Mastercard Inc, Automatic ...""]" ADP,2020-05-13,134.065,134.065,125.624,127.31,"[""Robert Olstein's Firm Buys 4 Stocks in the \u2013st Quarter"", ""ADP shares are trading lower, not currently seeing company-specific news."", ""ADP shares are trading lower, not currently seeing company-specific news."", ""Robert Olstein's Firm Buys 4 Stocks in the \u2013st Quarter"", ""ADP shares are trading lower, not currently seeing company-specific news."", ""Robert Olstein's Firm Buys 4 Stocks in the \u2013st Quarter"", ""Wall Street sees plenty of upside for these downtrodden tech stocks Shares of companies including Micron Technology, Motorola Solutions and Broadcom have fallen this year Shares of companies including Micron Technology, Motorola Solutions and Broadcom have fallen this year.""]" ADP,2020-05-14,126.738,127.852,123.582,127.645,"[""Bowen Hanes & Co Inc Buys Amazon.com Inc, Intuit Inc, Akamai Technologies Inc, Sells Nike ..."", ""Wall Street Access Asset Management, LLC Buys iShares Core S&P 5\u2026\u2026, SPDR S&P ..."", ""Bowen Hanes & Co Inc Buys Amazon.com Inc, Intuit Inc, Akamai Technologies Inc, Sells Nike ..."", ""Wall Street Access Asset Management, LLC Buys iShares Core S&P 5\u2026\u2026, SPDR S&P ..."", ""Bowen Hanes & Co Inc Buys Amazon.com Inc, Intuit Inc, Akamai Technologies Inc, Sells Nike ..."", ""Wall Street Access Asset Management, LLC Buys iShares Core S&P 5\u2026\u2026, SPDR S&P ...""]" ADP,2020-05-15,126.551,127.675,124.726,127.566, ADP,2020-05-18,128.01,130.042,127.25,129.027,"[""B of A Securities Downgrades Automatic Data Processing to Underperform"", ""B of A Securities Downgrades Automatic Data Processing to Underperform"", ""B of A Securities Downgrades Automatic Data Processing to Underperform""]" ADP,2020-05-19,128.858,130.18,125.851,125.899, ADP,2020-05-20,127.359,128.75,126.748,127.497, ADP,2020-05-21,126.846,127.744,125.535,126.116, ADP,2020-05-22,125.801,128.396,124.775,127.586, ADP,2020-05-26,130.554,132.014,129.312,131.412,"[""Shares of several technology companies are trading higher in sympathy with the overall market as equities rally on coronavirus vaccine hopes as well as a pickup in economic activity as some US states reopen businesses."", ""Shares of several technology companies are trading higher in sympathy with the overall market as equities rally on coronavirus vaccine hopes as well as a pickup in economic activity as some US states reopen businesses."", ""Shares of several technology companies are trading higher in sympathy with the overall market as equities rally on coronavirus vaccine hopes as well as a pickup in economic activity as some US states reopen businesses.""]" ADP,2020-05-27,133.661,137.281,131.984,136.867,"[""Loudon Investment Management, LLC Buys 'M Co, Lowe's Inc, Cardinal Health Inc, Sells DuPont ..."", ""Automatic Data Processing shares are trading higher amid market strength. Movement potentially related to business reopenings and a resumption of work for some laid off workers."", ""Automatic Data Processing shares are trading higher amid market strength. Movement potentially related to business reopenings and a resumption of work for some laid off workers."", ""Loudon Investment Management, LLC Buys 'M Co, Lowe's Inc, Cardinal Health Inc, Sells DuPont ..."", ""Automatic Data Processing shares are trading higher amid market strength. Movement potentially related to business reopenings and a resumption of work for some laid off workers."", ""Loudon Investment Management, LLC Buys 'M Co, Lowe's Inc, Cardinal Health Inc, Sells DuPont ...""]" ADP,2020-05-28,137.793,138.592,135.752,136.984, ADP,2020-05-29,137.518,139.036,134.489,138.573, ADP,2020-06-01,138.129,139.036,136.757,137.675, ADP,2020-06-02,137.548,140.318,137.171,140.249, ADP,2020-06-03,141.709,144.037,140.91,143.484,"[""Zoom Stock Rises Then Falls After Blockbuster Earnings"", ""White House's Hassett: This ADP Number Does Suggest That You're Very, Very Close To A Turning Point, It's Way Lower Than I I Expected, In A Good Way"", ""White House's Hassett: This ADP Number Does Suggest That You're Very, Very Close To A Turning Point, It's Way Lower Than I I Expected, In A Good Way"", ""Zoom Stock Rises Then Falls After Blockbuster Earnings"", ""White House's Hassett: This ADP Number Does Suggest That You're Very, Very Close To A Turning Point, It's Way Lower Than I I Expected, In A Good Way"", ""Zoom Stock Rises Then Falls After Blockbuster Earnings"", ""Dow futures climb Tuesday evening after stocks shook off civil unrest to end at a 3-month high as ADP jobs report looms U.S. stock-index futures rose Tuesday evening, implying that the trend for Wall Street continues to be higher after the stock market closed at its highest level since early March. Futures for the Dow Jones Industrial Average were trading 102 points, or 0.4%, higher at 25,803, those for the S&P 500 index were gaining 0.3%, while Nasdaq-100 futures were advancing 26 points, or 0.3%, at 9.673.75, at last check. The gains come as unrelenting bullishness surrounding the prospects of business reopenings in the U.S. continue to buoy stocks, despite a wave of issues that should otherwise serve as impediments to a bullish uptrend. Those factors include, Chinese-U.S. tensions, seething civil unrest in America and a pandemic that remains a public-health problem throughout the world. In Tuesday's regular session, the Dow rose 267.63 points, or 1.1%, to end at 25,742.65, marking its highest close since March 6, according to Dow Jones Market Data. Meanwhile, the S&P 500 index rose 25.09 points, or 0.8%, closing at 3,080.82, its loftiest finish since March 4, and the Nasdaq Composite Index advanced 56.33 points, or 0.6%, to finish at 9,608.37, representing its best closing level since Feb. 20. On Wednesday, investors will get a fresh read of the impact of efforts to limit the spread of COVID-19, with a report on private-sector employment likely to show that 8.663 million jobs were lost in May, according to Econoday, compared with Automatic Data Processing Inc.'s estimate in April for a loss of 20.236 million. Markets have shrugged off poor economic news and a wave of protests across U.S. cities sparked partly by the death of George Floyd in Minneapolis last week, an unarmed black man who perished under the knee of a white police officer. Protests about social injustice in America has resulted in curfews imposed in a number of major cities, including New York, which has set a curfew from 8 p.m. Eastern to 5 a.m. In corporate news, shares of Zoom Video Communications Inc. soared in after-hours trade Tuesday after the videoconference company reported record sales and earnings, and expectations for more amid boom times during a pandemic that has fostered, perhaps, a lasting stay-at-home business culture."", ""Dow futures up 230 points after ADP jobs report shows a cooler-than-expected 2.76 million job losses in May U.S. stock-index futures Wednesday morning added to solid gains after a private-sector labor-market report came in much cooler than expected. Data from Automatic Data Processing Inc. showed that 2.76 million jobs were lost in May, but that figure was far weaker than consensus expectations for a loss of jobs 8.663 million, compared with April's tally for a loss of 20.236 million. Futures for the Dow Jones Industrial Average were up 230 points, or 0.9%, at 25,930, those for the S&P 500 index were up 0.6% at 3,096, while Nasdaq-100 futures were gaining 0.4% at 9,685. The ADP data come ahead of U.S. unemployment figures in the nonfarm private sector that will disclosed on Friday, and will likely show that unemployment in the U.S. for May has approached 19% amid the COVID-19 pandemic.""]" ADP,2020-06-04,141.787,143.741,141.097,141.877, ADP,2020-06-05,145.959,152.35,145.279,151.472,"[""Shares of several companies in the broader technology sector are trading higher as markets rally on strong US jobs data."", ""Shares of several companies in the broader technology sector are trading higher as markets rally on strong US jobs data."", ""Shares of several companies in the broader technology sector are trading higher as markets rally on strong US jobs data.""]" ADP,2020-06-08,150.761,152.597,149.736,152.448, ADP,2020-06-09,152.054,152.054,148.543,149.174, ADP,2020-06-10,149.214,149.658,145.634,147.606, ADP,2020-06-11,145.545,146.739,135.881,136.058, ADP,2020-06-12,140.358,141.757,136.156,139.884,These U.S. stocks led the market’s brutal decline Thursday Many of the troubled companies that had been leading the recovery got crushed Many of the troubled companies that had been leading the recovery got crushed. ADP,2020-06-15,135.881,141.265,135.535,140.15, ADP,2020-06-16,144.825,145.881,141.827,144.411, ADP,2020-06-17,144.224,145.19,142.813,143.375, ADP,2020-06-18,142.478,144.451,141.689,144.361, ADP,2020-06-19,146.856,147.488,141.423,141.777, ADP,2020-06-22,141.304,143.277,140.2,143.188, ADP,2020-06-23,144.254,144.775,142.823,143.227, ADP,2020-06-24,141.67,142.34,137.281,137.813, ADP,2020-06-25,137.498,140.545,136.877,140.308, ADP,2020-06-26,140.121,140.308,136.945,137.695, ADP,2020-06-29,139.175,139.865,137.231,139.282, ADP,2020-06-30,140.308,142.33,139.016,141.67, ADP,2020-07-01,141.984,143.158,141.423,141.886, ADP,2020-07-02,143.494,144.756,142.676,143.247, ADP,2020-07-06,145.052,145.269,142.784,143.424, ADP,2020-07-07,142.705,143.671,139.599,139.875, ADP,2020-07-08,139.875,141.039,139.185,140.919, ADP,2020-07-09,140.437,140.437,137.124,138.661, ADP,2020-07-10,137.971,140.16,137.606,140.032, ADP,2020-07-13,140.358,141.906,138.04,138.434, ADP,2020-07-14,135.752,138.533,135.22,138.434,"7 Financial-Technology Stocks to Buy Now Visa, Mastercard, Fiserv, Global Payments, and Open Lending are among the firms that are likely to benefit from greater adoption of contactless payments and online commerce." ADP,2020-07-15,138.858,142.064,138.691,141.393, ADP,2020-07-16,140.2,140.505,138.346,139.095, ADP,2020-07-17,140.121,141.216,138.741,140.456, ADP,2020-07-20,140.437,141.126,138.592,140.308, ADP,2020-07-21,140.683,142.103,139.322,139.963, ADP,2020-07-22,141.019,141.019,139.628,140.515, ADP,2020-07-23,140.427,141.749,139.195,139.845, ADP,2020-07-24,140.437,140.822,137.872,138.385, ADP,2020-07-27,138.217,139.529,137.171,138.651, ADP,2020-07-28,138.77,140.624,138.336,139.539, ADP,2020-07-29,133.149,134.499,128.79,130.476, ADP,2020-07-30,127.754,128.207,125.851,126.452, ADP,2020-07-31,127.182,128.01,123.543,126.472, ADP,2020-08-03,126.896,128.454,125.801,127.941, ADP,2020-08-04,127.458,130.15,127.448,130.101, ADP,2020-08-05,129.963,131.541,127.99,128.237,"[""Dow books 373-point gain, Nasdaq marks 31st record and S&P 500 ends 1.7% from its all-time high as everything rallies U.S. stocks ended at or near records Wednesday, with the S&P 500 finishing within a stone's throw of its February all-time high and the Nasdaq Composite notching its 31st record high of 2020. Hope of further stimulus from the U.S. government to help out-of-work Americans was attributed to some of the upbeat trade on Wall street, even as some of the data have come in weaker than expected, setting the stage for a jobs report on Friday that may underscore that a rise in infections of COVID-19 stalled out some of the recent resurgence in business activity created by social-distancing measures to contain the virus. Payroll provider Automatic Data Processing Inc. also said only 167,000 private-sector jobs were created in July, far short of the 1.88 million forecast by economists polled by Econoday. However, a reading of services from the Institute for Supply Management service sector index jumped to a reading of 58.1 in July, beating expectations and signalling stronger economic growth. Deal activity also sparked some optimism as Teladoc Health Inc. and Livongo Health Inc. said Wednesday they have agreed to merge in a deal valued at $18.5 billion to create a company that can serve a spectrum of health needs, using virtual care. A nearly 9% surge in shares of Walt Disney Co. following its quarterly results, also helped to lift the Dow and the broader market. The Dow Jones Industrial Average closed up about 373 points, or 1.4%, at 27,201, representing its highest closing level since June 8. The S&P 500 index finished 0.6% higher at around 3,328, putting the broad-market benchmark 1.71% off its Feb. 19 record high at 3,386.15, while the Nasdaq Composite Index closed up 0.5% to 10,992, briefly touching the psychologically round-number level at 11,000 intraday and marking another record finish. The tech-heavy index has closed higher six straight sessions. Gaines for equities also came as gold prices finished at a record near 2,050, based on futures for December delivery , highlighting some concerns about the pace of stock gains and the outsize sums that governments have doled out to limit the harm from the COVID-19 pandemic."", ""S&P 500, Dow book 4th days of gains, Nasdaq adds 6th, as market awaits more pandemic aid Disney shares rose 8.8%, led Dow\u2019s gains Wednesday U.S. stocks closed higher Wednesday, handing the Nasdaq Composite Index its 31st record close this year, as investors took heart in corporate earnings and service-sector data that surprised to the upside.""]" ADP,2020-08-06,127.951,130.318,127.932,129.884, ADP,2020-08-07,130.337,132.241,129.993,131.305, ADP,2020-08-10,131.195,132.133,129.805,131.472, ADP,2020-08-11,131.225,133.246,130.15,131.402,"After 150 days of the COVID-19 pandemic, here are the best- and worst-performing stocks The tech sector is still in the lead, but consumer-discretionary group trails only slightly The tech sector is still in the lead, but consumer-discretionary group trails only slightly." ADP,2020-08-12,132.123,133.473,131.936,132.822, ADP,2020-08-13,132.291,133.72,132.251,132.518, ADP,2020-08-14,132.518,133.306,131.285,132.221, ADP,2020-08-17,132.508,133.908,132.34,132.902, ADP,2020-08-18,133.681,133.967,132.201,133.159, ADP,2020-08-19,133.109,133.691,131.522,132.162, ADP,2020-08-20,130.939,132.725,130.712,132.408, ADP,2020-08-21,132.311,132.311,130.457,131.383, ADP,2020-08-24,131.906,133.898,130.968,133.838, ADP,2020-08-25,134.234,135.919,133.366,134.214, ADP,2020-08-26,134.184,135.003,132.32,132.852, ADP,2020-08-27,134.638,135.544,133.236,134.174, ADP,2020-08-28,134.105,134.589,132.635,134.489, ADP,2020-08-31,133.987,134.115,131.639,132.35, ADP,2020-09-01,132.054,132.133,130.702,131.807, ADP,2020-09-02,131.482,136.117,130.851,135.564,"Stocks book fresh round of records, Dow ends 1.5% shy of all-time high, on hopes of COVID treatments, cures Nasdaq Composite closes at record 12,056.44 The Dow reclaimed its perch above 29,000 on Wednesday, while other indexes booked fresh records, as investors drew hope from progress toward tests and vaccines for COVID-19." ADP,2020-09-03,135.998,137.251,131.038,132.398, ADP,2020-09-04,132.478,134.865,130.851,131.807, ADP,2020-09-08,129.845,131.165,128.266,129.302, ADP,2020-09-09,130.042,131.807,128.573,130.614, ADP,2020-09-10,130.694,130.968,125.742,126.343, ADP,2020-09-11,126.916,128.159,125.841,127.813, ADP,2020-09-14,128.977,131.502,128.671,130.831, ADP,2020-09-15,131.315,132.281,130.417,131.195, ADP,2020-09-16,131.817,134.234,131.383,131.906, ADP,2020-09-17,129.094,132.153,128.553,132.054, ADP,2020-09-18,131.955,132.064,128.227,129.401, ADP,2020-09-21,126.639,127.202,123.671,125.505, ADP,2020-09-22,125.87,127.665,124.953,127.31, ADP,2020-09-23,126.738,127.32,122.961,123.307, ADP,2020-09-24,122.843,125.801,121.945,125.298, ADP,2020-09-25,123.78,129.253,123.78,128.878, ADP,2020-09-28,130.968,132.221,130.347,131.531, ADP,2020-09-29,131.748,132.675,130.761,131.739, ADP,2020-09-30,132.133,135.043,131.955,133.603, ADP,2020-10-01,135.644,135.693,130.948,131.896, ADP,2020-10-02,129.49,133.444,129.421,132.842, ADP,2020-10-05,133.415,135.891,133.069,135.033, ADP,2020-10-06,135.27,139.451,134.105,136.265, ADP,2020-10-07,137.331,138.346,136.018,137.665,6 Tech Stocks With Market-Beating Dividends Companies like Microsoft and Apple didn’t make the cut—though both have consistently increased their dividends—because of relatively low yields. ADP,2020-10-08,139.095,141.117,138.799,140.812, ADP,2020-10-09,141.767,143.76,140.673,143.534, ADP,2020-10-12,145.121,145.732,143.731,144.224, ADP,2020-10-13,145.171,145.742,142.448,143.385, ADP,2020-10-14,143.671,144.588,141.807,142.261, ADP,2020-10-15,140.358,141.56,139.845,141.186, ADP,2020-10-16,141.965,143.346,141.294,142.172, ADP,2020-10-19,141.867,142.705,138.602,138.938, ADP,2020-10-20,140.269,141.324,139.628,140.456, ADP,2020-10-21,140.722,141.837,139.706,140.653, ADP,2020-10-22,140.86,143.208,139.933,142.577, ADP,2020-10-23,143.75,144.075,142.084,142.912,"Why Snap’s Surge Is Good News for Social Media Snap smashed through earnings expectations on a return of brand advertising. That should be a sign of better times at Facebook and Twitter, which report this week." ADP,2020-10-26,141.196,141.206,138.494,139.628,"Apple, Amazon, Boeing, Visa, Pfizer, and Other Stocks to Watch This Week Microsoft, Apple, Alphabet, Facebook, Amazon, AMD, Caterpillar, Comcast, GE, Ford, Pfixer, Visa, UPS, Exxon Mobil, Twitter, and more companies report third-quarter results." ADP,2020-10-27,139.963,140.989,139.441,139.875, ADP,2020-10-28,148.662,152.645,147.409,148.553,"[""Stocks swoon, Dow ends 942 points lower as COVID cases and election concerns rise Major U.S. stock indexes plunged Wednesday, heading toward their worst weekly drop in eight months, amid rising COVID-19 cases in the U.S. and Europe that threaten the economic recovery."", ""Here are Wednesday\u2019s biggest losers in the stock market as 97% of S&P 500 companies dropped Cruise lines took a beating as new coronavirus cases in the U.S. rose to a record Cruise lines took a beating as new coronavirus cases in the U.S. rose to a record.""]" ADP,2020-10-29,148.149,152.755,147.025,151.522, ADP,2020-10-30,150.27,152.715,149.234,151.305, ADP,2020-11-02,152.735,155.26,151.807,154.668, ADP,2020-11-03,156.71,160.309,156.196,159.471, ADP,2020-11-04,160.812,161.57,156.955,157.645, ADP,2020-11-05,158.671,159.836,155.13,155.841,"6 S&P 500 Dividend Payers With Safe Yields Above 2% Merck, Intel, Lockheed Martin, Whirlpool, Automatic Data Processing, and Honeywell International are among a group of S&P 500 dividend payers that have solid yields and good prospects for maintaining their payouts." ADP,2020-11-06,157.843,159.569,156.67,159.244, ADP,2020-11-09,166.167,167.419,162.498,162.734, ADP,2020-11-10,161.986,166.088,161.107,163.868, ADP,2020-11-11,164.757,166.038,163.376,164.628,"ADP raises quarterly cash dividend to 93 cents a share vs. 91 cents Automatic Data Processing Inc. said Wednesday its board has approved an increase in its quarterly cash dividend to 93 cents a share from 91 cents. The new dividend will be payable Jan. 1, 2021 to shareholders of record as of Dec. 11. Shares rose 2.5% premarket and up 09.3% in the year through Tuesday's close, while the S&P 500 has gained 9.7%." ADP,2020-11-12,163.661,164.618,161.373,162.281, ADP,2020-11-13,163.81,164.688,162.479,164.391, ADP,2020-11-16,166.669,169.727,165.191,169.589, ADP,2020-11-17,167.626,169.145,166.906,168.73, ADP,2020-11-18,168.73,168.75,165.605,165.871, ADP,2020-11-19,164.608,167.005,164.125,166.305, ADP,2020-11-20,166.186,166.452,164.027,164.047, ADP,2020-11-23,164.895,166.226,163.09,164.815, ADP,2020-11-24,166.226,168.189,164.994,167.892, ADP,2020-11-25,169.244,169.244,166.118,166.749, ADP,2020-11-27,167.301,168.05,166.866,167.873, ADP,2020-11-30,166.808,167.725,164.095,166.552, ADP,2020-12-01,167.784,168.977,166.315,167.311, ADP,2020-12-02,167.32,167.685,163.82,164.342, ADP,2020-12-03,164.027,166.038,163.691,164.845, ADP,2020-12-04,165.102,168.239,164.471,167.419, ADP,2020-12-07,166.669,167.37,165.575,167.212, ADP,2020-12-08,167.084,167.577,166.048,167.183, ADP,2020-12-09,167.745,167.794,165.496,166.512, ADP,2020-12-10,166.325,166.452,164.885,165.644, ADP,2020-12-11,165.092,167.252,164.757,167.113, ADP,2020-12-14,166.916,169.303,165.931,166.749, ADP,2020-12-15,167.824,169.284,166.472,169.244, ADP,2020-12-16,169.401,170.023,167.843,169.096, ADP,2020-12-17,170.073,172.41,169.411,170.773, ADP,2020-12-18,171.877,172.815,170.901,172.617,"A Rebound for European Transport in 2021? Watch These Stocks, Says Morgan Stanley. Here are the key themes headed into 2021 for Europe’s transport sector, and the stocks to buy." ADP,2020-12-21,169.491,171.255,167.962,170.921, ADP,2020-12-22,170.18,170.507,168.967,169.826, ADP,2020-12-23,170.931,171.67,168.513,168.711, ADP,2020-12-24,169.609,170.053,168.455,170.043, ADP,2020-12-28,170.98,171.572,169.953,170.092, ADP,2020-12-29,170.891,171.226,168.129,168.396, ADP,2020-12-30,169.106,169.737,166.906,167.38, ADP,2020-12-31,167.705,169.934,166.916,169.688, ADP,2021-01-04,169.461,170.053,161.532,162.715, ADP,2021-01-05,162.439,163.898,161.196,162.252, ADP,2021-01-06,159.973,163.178,159.875,161.699, ADP,2021-01-07,161.847,163.671,161.256,162.607, ADP,2021-01-08,162.725,166.019,162.074,164.727, ADP,2021-01-11,164.608,165.23,161.906,162.271, ADP,2021-01-12,162.409,163.267,160.852,162.814, ADP,2021-01-13,155.999,159.569,155.063,158.573, ADP,2021-01-14,158.593,158.908,155.525,155.911, ADP,2021-01-15,155.604,155.723,153.416,155.17, ADP,2021-01-19,155.18,156.216,154.214,155.979, ADP,2021-01-20,156.038,156.817,154.686,156.344, ADP,2021-01-21,156.196,156.344,154.175,155.092, ADP,2021-01-22,155.2,156.433,153.888,155.979,"[""European stocks and U.S. equity futures fall as global virus worries increase European stocks and U.S. equity futures dropped on Friday, on rising COVID-19 cases and lockdown worries globally, and as optimism surrounding a leadership change at the White House ran out of steam."", ""Tech stocks won\u2019t crash according to this fund manager, dubbed the English Warren Buffett A one-size-fits-all label for technology stocks doesn\u2019t help with evaluating them, says Fundsmith founder Terry Smith.""]" ADP,2021-01-25,155.397,157.991,154.894,157.626, ADP,2021-01-26,158.267,159.697,156.994,158.444, ADP,2021-01-27,156.69,166.472,156.57,159.549, ADP,2021-01-28,163.573,166.186,160.447,160.585, ADP,2021-01-29,161.512,163.188,158.356,159.027, ADP,2021-02-01,159.185,162.232,159.075,160.19, ADP,2021-02-02,161.117,162.873,159.412,162.143, ADP,2021-02-03,160.9,161.65,160.092,160.664, ADP,2021-02-04,161.857,164.342,160.21,164.244, ADP,2021-02-05,164.411,165.22,160.999,161.107, ADP,2021-02-08,161.759,162.488,160.338,161.719, ADP,2021-02-09,161.67,162.183,160.269,161.206, ADP,2021-02-10,162.163,162.419,160.082,160.772, ADP,2021-02-11,162.153,162.202,160.417,160.635, ADP,2021-02-12,159.855,161.029,158.159,160.862, ADP,2021-02-16,159.717,161.542,158.928,160.003, ADP,2021-02-17,158.819,161.246,158.435,160.959, ADP,2021-02-18,161.049,166.621,160.102,166.216, ADP,2021-02-19,166.433,166.986,162.754,163.04, ADP,2021-02-22,162.439,165.22,160.959,164.5, ADP,2021-02-23,164.51,168.149,163.878,165.713, ADP,2021-02-24,163.82,170.319,162.764,170.102, ADP,2021-02-25,168.316,171.048,168.021,169.037, ADP,2021-02-26,169.885,170.97,167.291,167.587, ADP,2021-03-01,169.264,171.857,168.129,170.931, ADP,2021-03-02,170.941,171.403,167.429,168.465, ADP,2021-03-03,167.103,168.613,165.959,168.05, ADP,2021-03-04,167.892,169.362,163.652,164.688, ADP,2021-03-05,165.476,172.39,165.161,171.67, ADP,2021-03-08,172.645,176.857,171.158,173.751, ADP,2021-03-09,175.28,177.468,174.422,176.296, ADP,2021-03-10,176.937,177.765,174.569,175.329, ADP,2021-03-11,174.707,178.09,174.442,175.743, ADP,2021-03-12,174.933,177.203,174.776,176.927, ADP,2021-03-15,176.927,183.258,176.927,183.031, ADP,2021-03-16,182.706,184.401,181.917,182.252, ADP,2021-03-17,181.266,182.479,179.806,181.857, ADP,2021-03-18,179.816,182.36,179.471,180.102, ADP,2021-03-19,180.082,181.137,176.374,178.041, ADP,2021-03-22,177.094,178.968,176.68,178.484, ADP,2021-03-23,179.727,179.826,177.203,178.149, ADP,2021-03-24,177.429,181.917,177.429,179.332, ADP,2021-03-25,181.137,182.124,180.053,181.019, ADP,2021-03-26,181.147,186.799,180.852,186.522, ADP,2021-03-29,185.615,186.809,183.948,186.335, ADP,2021-03-30,186.562,187.242,181.216,181.867, ADP,2021-03-31,181.877,183.494,181.059,182.439, ADP,2021-04-01,184.126,184.126,182.104,183.337, ADP,2021-04-05,183.741,187.568,183.701,186.887, ADP,2021-04-06,186.582,186.582,182.726,183.347, ADP,2021-04-07,182.784,183.199,179.658,179.856, ADP,2021-04-08,180.842,182.43,180.092,182.173, ADP,2021-04-09,182.084,183.751,181.019,183.376, ADP,2021-04-12,182.676,184.116,182.4,183.682, ADP,2021-04-13,183.78,186.058,183.474,185.772, ADP,2021-04-14,185.289,187.094,184.59,185.023, ADP,2021-04-15,186.395,187.124,185.25,185.743, ADP,2021-04-16,186.443,187.331,185.615,186.759, ADP,2021-04-19,185.861,186.976,185.536,186.582, ADP,2021-04-20,187.173,187.755,185.921,186.641, ADP,2021-04-21,187.311,188.326,186.818,188.09, ADP,2021-04-22,187.715,189.649,187.025,188.593, ADP,2021-04-23,188.75,190.951,187.42,189.589, ADP,2021-04-26,189.304,190.25,188.466,188.89, ADP,2021-04-27,188.722,189.728,187.637,189.619, ADP,2021-04-28,185.062,185.368,180.072,180.645, ADP,2021-04-29,180.979,183.199,179.698,182.37, ADP,2021-04-30,180.526,182.291,178.938,181.009, ADP,2021-05-03,183.11,185.437,182.824,185.329, ADP,2021-05-04,184.55,188.159,183.504,187.755, ADP,2021-05-05,183.899,188.336,183.238,187.459, ADP,2021-05-06,189.027,189.107,186.689,189.057, ADP,2021-05-07,190.28,190.28,185.782,188.653, ADP,2021-05-10,189.718,190.368,188.042,188.179, ADP,2021-05-11,188.683,190.32,186.828,188.239, ADP,2021-05-12,187.38,187.38,182.913,183.376, ADP,2021-05-13,183.623,187.715,183.514,186.355, ADP,2021-05-14,188.129,189.402,186.709,188.406, ADP,2021-05-17,187.844,188.919,186.206,188.336, ADP,2021-05-18,188.426,190.132,186.216,186.375, ADP,2021-05-19,184.224,185.842,181.286,184.727, ADP,2021-05-20,184.974,188.909,184.708,187.922, ADP,2021-05-21,188.563,190.487,188.042,189.017, ADP,2021-05-24,190.171,191.996,189.895,190.734, ADP,2021-05-25,190.851,190.901,188.653,188.948, ADP,2021-05-26,189.649,189.876,187.4,188.159, ADP,2021-05-27,188.919,191.602,188.169,190.921, ADP,2021-05-28,191.285,191.64,189.362,189.747, ADP,2021-06-01,191.414,191.857,189.323,190.407, ADP,2021-06-02,190.585,193.129,190.34,192.084, ADP,2021-06-03,190.142,191.295,188.958,190.684, ADP,2021-06-04,192.401,192.401,190.783,191.385, ADP,2021-06-07,191.7,191.877,189.846,190.417, ADP,2021-06-08,190.811,192.815,190.23,192.518, ADP,2021-06-09,193.544,194.097,191.749,191.847, ADP,2021-06-10,192.735,194.629,191.867,194.569, ADP,2021-06-11,194.826,194.856,193.524,194.165, ADP,2021-06-14,193.11,194.145,191.789,193.701, ADP,2021-06-15,193.701,194.135,192.44,193.564, ADP,2021-06-16,193.032,194.077,190.624,191.819, ADP,2021-06-17,191.493,193.11,191.098,192.074, ADP,2021-06-18,190.547,190.793,186.906,187.607, ADP,2021-06-21,188.456,191.512,188.326,191.068, ADP,2021-06-22,190.437,191.542,189.708,191.385, ADP,2021-06-23,190.841,190.841,189.412,189.866, ADP,2021-06-24,190.714,191.295,189.846,190.694, ADP,2021-06-25,190.585,192.618,190.142,191.947, ADP,2021-06-28,192.134,192.755,190.32,191.226, ADP,2021-06-29,191.552,193.129,190.783,192.193, ADP,2021-06-30,192.154,193.711,191.976,193.159, ADP,2021-07-01,193.159,194.492,192.952,194.322, ADP,2021-07-02,196.355,196.394,194.569,195.951, ADP,2021-07-06,196.77,196.937,193.85,195.585, ADP,2021-07-07,195.911,197.962,195.359,197.755, ADP,2021-07-08,196.394,197.508,195.23,196.316, ADP,2021-07-09,196.453,198.377,196.296,198.13, ADP,2021-07-12,196.355,198.347,195.388,198.16, ADP,2021-07-13,198.307,199.205,197.725,198.317, ADP,2021-07-14,199.165,199.767,198.327,198.879, ADP,2021-07-15,198.682,201.65,198.407,201.345, ADP,2021-07-16,201.404,202.844,199.698,199.955, ADP,2021-07-19,198.634,199.728,194.983,196.148, ADP,2021-07-20,197.203,200.112,196.611,197.558, ADP,2021-07-21,197.558,198.978,197.154,198.86, ADP,2021-07-22,198.938,199.481,197.144,197.706, ADP,2021-07-23,198.682,200.862,197.883,200.428, ADP,2021-07-26,200.092,200.812,198.741,200.605, ADP,2021-07-27,200.743,202.854,200.053,202.183, ADP,2021-07-28,201.572,201.799,197.637,201.197, ADP,2021-07-29,202.292,204.107,201.385,203.09, ADP,2021-07-30,202.696,204.541,202.696,203.87, ADP,2021-08-02,204.767,205.467,203.485,203.693, ADP,2021-08-03,203.84,207.854,202.982,207.578, ADP,2021-08-04,207.183,207.785,206.098,206.178, ADP,2021-08-05,207.243,207.716,206.266,207.43, ADP,2021-08-06,207.558,208.062,206.7,207.144, ADP,2021-08-09,207.568,208.082,206.454,207.835, ADP,2021-08-10,208.179,211.188,207.568,210.764, ADP,2021-08-11,208.92,211.078,208.92,210.31, ADP,2021-08-12,210.734,210.734,208.713,208.998, ADP,2021-08-13,209.254,210.093,208.81,209.254, ADP,2021-08-16,208.052,210.724,207.795,210.615, ADP,2021-08-17,209.462,210.447,207.883,208.9, ADP,2021-08-18,208.091,208.091,202.549,202.746, ADP,2021-08-19,202.055,205.941,201.799,205.319, ADP,2021-08-20,205.981,206.178,204.127,205.774, ADP,2021-08-23,206.375,206.789,204.62,205.911, ADP,2021-08-24,204.994,205.812,202.322,202.479, ADP,2021-08-25,203.061,203.426,201.206,202.479, ADP,2021-08-26,202.065,202.676,200.546,201.385, ADP,2021-08-27,201.907,203.85,201.493,203.219, ADP,2021-08-30,203.347,205.034,203.248,203.327, ADP,2021-08-31,204.117,204.117,201.385,203.297, ADP,2021-09-01,201.799,201.799,200.092,201.177, ADP,2021-09-02,199.846,201.65,199.846,200.852, ADP,2021-09-03,198.879,202.075,198.761,201.68, ADP,2021-09-07,201.177,201.631,196.296,196.68, ADP,2021-09-08,197.094,199.629,196.798,199.491, ADP,2021-09-09,200.043,201.73,198.377,198.485, ADP,2021-09-10,199.688,199.718,196.029,196.206, ADP,2021-09-13,197.824,199.55,194.52,195.388, ADP,2021-09-14,196.76,196.847,194.629,195.132, ADP,2021-09-15,194.737,196.266,194.362,195.901, ADP,2021-09-16,196.059,196.877,193.633,193.83, ADP,2021-09-17,193.801,195.171,192.873,194.097, ADP,2021-09-20,192.351,194.925,191.582,194.235, ADP,2021-09-21,194.669,194.796,191.827,192.518, ADP,2021-09-22,193.573,194.422,192.261,193.741, ADP,2021-09-23,194.274,197.795,193.948,196.76, ADP,2021-09-24,196.326,198.219,196.099,197.558, ADP,2021-09-27,196.76,198.494,196.503,197.064, ADP,2021-09-28,195.181,195.891,192.251,192.735, ADP,2021-09-29,193.446,196.079,193.317,194.973, ADP,2021-09-30,195.852,199.629,195.103,195.31, ADP,2021-10-01,195.891,198.544,192.478,197.341, ADP,2021-10-04,195.773,198.002,194.629,195.359, ADP,2021-10-05,195.457,199.994,194.737,199.067, ADP,2021-10-06,197.666,200.487,197.479,200.27, ADP,2021-10-07,201.759,203.998,201.286,202.794, ADP,2021-10-08,203.13,203.426,201.197,201.404, ADP,2021-10-11,200.832,201.019,198.938,199.057, ADP,2021-10-12,199.362,199.925,198.337,199.145, ADP,2021-10-13,200.448,201.019,197.588,200.468, ADP,2021-10-14,201.602,204.136,201.453,203.711, ADP,2021-10-15,205.162,208.139,204.324,208.072, ADP,2021-10-18,206.7,208.732,205.654,207.676, ADP,2021-10-19,208.337,209.146,206.848,209.047, ADP,2021-10-20,210.043,210.35,207.608,208.139, ADP,2021-10-21,208.169,210.053,207.183,209.767, ADP,2021-10-22,210.537,213.722,210.21,212.725, ADP,2021-10-25,212.815,214.205,212.301,213.042, ADP,2021-10-26,213.12,215.063,212.795,213.761, ADP,2021-10-27,218.022,219.58,215.457,216.829, ADP,2021-10-28,217.253,218.644,216.059,217.805, ADP,2021-10-29,216.967,219.817,216.967,219.314, ADP,2021-11-01,218.948,219.442,215.971,217.016, ADP,2021-11-02,218.101,220.054,216.997,219.984, ADP,2021-11-03,217.204,220.882,217.036,220.556, ADP,2021-11-04,220.478,222.075,219.886,220.98, ADP,2021-11-05,223.978,224.817,222.539,224.314, ADP,2021-11-08,224.895,224.895,221.473,222.253, ADP,2021-11-09,222.785,224.225,220.498,223.92, ADP,2021-11-10,224.649,226.365,223.111,224.354, ADP,2021-11-11,223.564,224.441,222.44,223.288, ADP,2021-11-12,224.314,226.532,223.406,225.606, ADP,2021-11-15,226.464,227.865,224.481,227.697, ADP,2021-11-16,228.633,231.602,228.603,229.836, ADP,2021-11-17,228.723,231.69,228.219,231.425, ADP,2021-11-18,231.503,232.755,229.609,232.471, ADP,2021-11-19,233.574,233.751,231.473,232.431, ADP,2021-11-22,232.017,235.626,230.497,231.365, ADP,2021-11-23,230.192,231.079,228.693,230.694, ADP,2021-11-24,229.551,230.37,227.115,228.969, ADP,2021-11-26,228.356,228.9,223.791,224.334, ADP,2021-11-29,225.784,231.72,224.807,230.467, ADP,2021-11-30,231.059,231.099,224.047,225.577, ADP,2021-12-01,224.61,226.878,219.372,221.642, ADP,2021-12-02,223.13,228.703,223.13,227.075, ADP,2021-12-03,226.849,227.785,222.519,224.59, ADP,2021-12-06,227.026,227.942,225.369,226.849, ADP,2021-12-07,229.541,230.694,227.865,229.719, ADP,2021-12-08,227.894,230.22,226.849,228.9, ADP,2021-12-09,228.9,229.541,227.263,228.396, ADP,2021-12-10,229.669,232.441,229.087,232.311, ADP,2021-12-13,231.927,232.855,230.41,230.625, ADP,2021-12-14,229.482,230.31,223.426,225.428, ADP,2021-12-15,225.172,229.689,225.113,229.551, ADP,2021-12-16,229.551,230.163,226.72,227.519, ADP,2021-12-17,225.852,228.496,224.461,225.123, ADP,2021-12-20,222.253,225.33,220.941,225.073, ADP,2021-12-21,226.908,227.845,224.975,227.618, ADP,2021-12-22,227.499,233.318,227.331,233.18, ADP,2021-12-23,233.476,239.205,233.426,237.48, ADP,2021-12-27,238.554,242.095,237.983,241.691, ADP,2021-12-28,241.672,242.303,240.843,241.474, ADP,2021-12-29,242.914,244.314,240.132,243.377, ADP,2021-12-30,243.614,243.693,240.774,240.971, ADP,2021-12-31,240.862,243.121,240.024,241.976, ADP,2022-01-03,240.478,242.845,236.917,239.452, ADP,2022-01-04,238.634,242.42,238.634,240.566, ADP,2022-01-05,240.014,241.888,238.298,238.515, ADP,2022-01-06,237.933,240.122,236.139,236.878, ADP,2022-01-07,236.286,236.73,234.275,234.382, ADP,2022-01-10,231.927,233.476,227.598,228.535, ADP,2022-01-11,229.294,231.021,225.804,230.882, ADP,2022-01-12,230.734,231.72,228.85,230.25, ADP,2022-01-13,230.477,231.642,226.986,227.598, ADP,2022-01-14,225.645,227.016,222.687,224.481, ADP,2022-01-18,221.779,223.564,218.594,222.213, ADP,2022-01-19,223.387,225.162,220.536,220.625, ADP,2022-01-20,222.37,224.107,215.625,216.197, ADP,2022-01-21,216.453,217.588,212.775,213.072, ADP,2022-01-24,211.847,215.27,207.085,214.165, ADP,2022-01-25,209.107,214.609,208.761,212.825, ADP,2022-01-26,201.65,204.383,192.873,193.771, ADP,2022-01-27,194.549,196.837,190.931,192.755, ADP,2022-01-28,193.259,195.566,189.087,195.546, ADP,2022-01-31,195.615,203.485,194.392,202.322, ADP,2022-02-01,202.627,203.386,198.801,201.72, ADP,2022-02-02,201.72,204.431,201.385,204.017, ADP,2022-02-03,200.516,203.771,200.053,201.296, ADP,2022-02-04,200.082,203.456,197.469,202.4, ADP,2022-02-07,203.021,204.097,201.404,202.134, ADP,2022-02-08,200.882,204.994,200.191,204.521, ADP,2022-02-09,206.542,207.44,205.359,207.213, ADP,2022-02-10,203.377,204.421,200.369,201.7, ADP,2022-02-11,202.549,203.524,199.885,199.984, ADP,2022-02-14,200.566,200.872,195.96,198.209, ADP,2022-02-15,200.665,200.98,198.761,200.211, ADP,2022-02-16,199.609,201.395,197.578,200.428, ADP,2022-02-17,199.116,199.925,196.256,196.72, ADP,2022-02-18,196.316,198.307,195.477,196.71, ADP,2022-02-22,196.71,198.672,194.737,196.167, ADP,2022-02-23,197.233,198.307,192.223,192.628, ADP,2022-02-24,189.886,196.957,188.673,196.483, ADP,2022-02-25,197.271,200.723,196.089,200.546, ADP,2022-02-28,199.629,201.039,197.43,200.625, ADP,2022-03-01,199.738,200.733,197.391,198.534, ADP,2022-03-02,199.155,203.456,198.445,202.44, ADP,2022-03-03,204.955,205.694,200.162,200.872, ADP,2022-03-04,199.767,204.718,198.841,204.57, ADP,2022-03-07,203.84,207.845,202.617,204.501, ADP,2022-03-08,203.958,209.077,201.109,201.542, ADP,2022-03-09,206.405,207.193,202.223,205.783, ADP,2022-03-10,203.663,207.218,202.183,206.542, ADP,2022-03-11,207.725,209.422,203.85,204.412, ADP,2022-03-14,204.708,206.829,203.367,204.146, ADP,2022-03-15,207.104,209.945,205.744,209.382, ADP,2022-03-16,210.053,211.597,204.994,209.531, ADP,2022-03-17,208.8,211.049,208.436,210.971, ADP,2022-03-18,210.971,214.472,209.304,211.73, ADP,2022-03-21,211.296,212.311,207.46,209.599, ADP,2022-03-22,209.728,212.578,208.456,212.243, ADP,2022-03-23,212.805,212.815,209.541,209.639, ADP,2022-03-24,210.891,214.097,209.777,213.958, ADP,2022-03-25,214.709,216.049,213.539,216.019, ADP,2022-03-28,216.069,217.627,215.113,217.608, ADP,2022-03-29,219.787,222.332,218.938,221.849, ADP,2022-03-30,220.596,225.369,219.573,224.62, ADP,2022-03-31,226.021,228.87,224.393,224.403, ADP,2022-04-01,225.123,230.674,223.956,230.28, ADP,2022-04-04,230.537,232.875,230.153,231.937, ADP,2022-04-05,231.69,237.316,231.316,234.719, ADP,2022-04-06,232.441,235.754,232.134,234.512, ADP,2022-04-07,233.318,236.256,233.289,235.211, ADP,2022-04-08,235.093,236.376,233.506,234.432, ADP,2022-04-11,234.452,235.428,227.396,227.775, ADP,2022-04-12,231.031,231.69,227.421,227.875, ADP,2022-04-13,228.653,230.941,228.579,230.517, ADP,2022-04-14,230.517,231.435,225.467,226.04, ADP,2022-04-18,224.856,226.612,222.193,224.067, ADP,2022-04-19,224.067,227.283,222.282,226.435, ADP,2022-04-20,228.89,229.906,227.903,229.412, ADP,2022-04-21,230.153,232.007,226.405,227.006, ADP,2022-04-22,227.411,228.998,220.221,220.438, ADP,2022-04-25,220.093,224.274,218.654,223.93, ADP,2022-04-26,221.543,224.087,219.107,219.215, ADP,2022-04-27,221.898,229.571,220.399,224.856, ADP,2022-04-28,226.059,228.496,224.44,226.512, ADP,2022-04-29,225.527,226.001,214.482,215.172, ADP,2022-05-02,216.76,218.973,212.164,216.296, ADP,2022-05-03,216.937,219.876,216.104,218.485, ADP,2022-05-04,218.761,226.252,217.272,225.724, ADP,2022-05-05,225.142,225.142,213.164,215.547, ADP,2022-05-06,214.175,215.191,210.961,213.948, ADP,2022-05-09,211.088,212.262,206.256,206.897, ADP,2022-05-10,209.738,211.905,206.459,209.412, ADP,2022-05-11,207.735,211.074,204.905,205.654, ADP,2022-05-12,204.481,205.989,201.503,204.62, ADP,2022-05-13,206.385,207.085,204.017,205.911, ADP,2022-05-16,205.744,207.026,202.923,205.724, ADP,2022-05-17,208.88,212.608,207.953,211.997, ADP,2022-05-18,210.537,210.634,204.936,205.625, ADP,2022-05-19,205.211,206.661,202.706,203.998, ADP,2022-05-20,205.981,206.976,200.822,205.764, ADP,2022-05-23,208.376,210.153,206.839,210.023, ADP,2022-05-24,209.087,210.654,206.888,209.796, ADP,2022-05-25,209.254,211.74,208.426,210.951, ADP,2022-05-26,212.036,216.877,211.612,215.27, ADP,2022-05-27,216.967,221.612,216.611,221.562, ADP,2022-05-31,221.069,222.127,218.268,219.866, ADP,2022-06-01,220.941,221.602,215.907,216.296, ADP,2022-06-02,216.602,220.783,214.569,220.625, ADP,2022-06-03,219.599,219.817,216.473,217.637, ADP,2022-06-06,219.422,221.129,216.079,216.483, ADP,2022-06-07,214.816,219.669,214.816,219.215, ADP,2022-06-08,217.834,218.751,215.566,216.957, ADP,2022-06-09,216.491,218.999,213.598,213.736, ADP,2022-06-10,211.012,212.269,208.543,209.694, ADP,2022-06-13,204.997,207.038,202.242,202.896, ADP,2022-06-14,203.649,203.649,200.151,202.272, ADP,2022-06-15,204.105,208.227,201.806,205.264, ADP,2022-06-16,201.727,203.312,196.743,198.12, ADP,2022-06-17,197.624,199.646,194.82,198.456, ADP,2022-06-21,201.578,205.542,201.063,204.957, ADP,2022-06-22,202.648,207.87,202.123,205.512, ADP,2022-06-23,207.603,209.247,206.294,208.663, ADP,2022-06-24,210.159,216.857,210.04,216.798, ADP,2022-06-27,216.283,218.491,214.012,216.323, ADP,2022-06-28,216.729,218.391,211.963,212.111, ADP,2022-06-29,212.171,213.766,208.257,210.258, ADP,2022-06-30,208.415,211.105,207.276,208.128, ADP,2022-07-01,208.029,211.576,207.196,211.289, ADP,2022-07-05,208.723,210.576,203.738,210.546, ADP,2022-07-06,212.022,216.857,211.437,215.282, ADP,2022-07-07,215.371,216.333,213.776,214.548, ADP,2022-07-08,213.142,215.867,212.755,215.292, ADP,2022-07-11,214.916,215.451,212.299,212.933, ADP,2022-07-12,213.796,215.282,209.376,210.358, ADP,2022-07-13,207.166,211.11,206.206,209.149, ADP,2022-07-14,206.71,209.862,204.982,209.277, ADP,2022-07-15,211.398,213.073,211.041,212.181, ADP,2022-07-18,212.329,213.647,208.583,209.386, ADP,2022-07-19,212.299,217.393,211.279,216.957, ADP,2022-07-20,216.471,217.061,212.695,214.083, ADP,2022-07-21,213.776,216.391,212.765,216.105, ADP,2022-07-22,217.115,220.345,216.779,218.334, ADP,2022-07-25,218.988,219.201,214.876,216.391, ADP,2022-07-26,216.164,217.997,214.39,215.926, ADP,2022-07-27,217.938,232.553,216.6,231.909, ADP,2022-07-28,232.861,238.082,230.903,237.3, ADP,2022-07-29,237.577,239.837,235.645,238.925, ADP,2022-08-01,237.924,240.303,237.379,239.123, ADP,2022-08-02,239.559,240.376,236.527,238.43, ADP,2022-08-03,239.034,243.334,237.869,242.096, ADP,2022-08-04,242.462,242.76,240.085,241.769, ADP,2022-08-05,238.885,245.187,238.885,244.949, ADP,2022-08-08,247.347,249.091,245.019,246.346, ADP,2022-08-09,246.476,249.28,245.108,247.526, ADP,2022-08-10,252.629,252.679,248.725,250.172, ADP,2022-08-11,250.35,251.024,247.704,247.952, ADP,2022-08-12,249.508,254.819,248.715,254.442, ADP,2022-08-15,253.144,257.549,252.718,257.346, ADP,2022-08-16,255.879,258.278,255.374,257.672, ADP,2022-08-17,256.107,259.159,255.582,258.316, ADP,2022-08-18,258.0,259.209,257.187,258.564, ADP,2022-08-19,256.939,257.98,256.345,257.454, ADP,2022-08-22,256.642,256.642,253.12,254.046, ADP,2022-08-23,253.818,254.73,252.679,253.442, ADP,2022-08-24,253.858,254.997,252.926,253.808, ADP,2022-08-25,254.344,256.008,253.422,255.859, ADP,2022-08-26,256.147,256.424,247.923,248.199, ADP,2022-08-29,246.694,248.634,245.277,246.614, ADP,2022-08-30,246.516,246.634,241.908,243.354, ADP,2022-08-31,245.91,246.089,241.343,242.184, ADP,2022-09-01,240.877,243.859,239.925,243.721, ADP,2022-09-02,243.047,244.751,234.932,236.309, ADP,2022-09-06,236.219,238.242,234.576,235.972, ADP,2022-09-07,234.912,240.095,234.604,239.519, ADP,2022-09-08,235.549,240.903,234.643,240.773, ADP,2022-09-09,241.997,243.898,239.947,243.122, ADP,2022-09-12,243.898,244.565,242.137,242.774, ADP,2022-09-13,238.783,239.937,233.091,233.927, ADP,2022-09-14,234.862,235.569,231.518,233.349, ADP,2022-09-15,232.424,233.628,228.483,229.597, ADP,2022-09-16,228.811,233.15,227.139,232.513, ADP,2022-09-19,229.707,234.683,229.697,234.583, ADP,2022-09-20,233.339,233.558,230.513,232.414, ADP,2022-09-21,234.474,235.947,229.229,229.309, ADP,2022-09-22,228.742,231.369,227.746,229.359, ADP,2022-09-23,229.13,229.767,226.589,229.17, ADP,2022-09-26,228.861,231.279,226.721,227.537, ADP,2022-09-27,229.299,230.832,224.442,226.522, ADP,2022-09-28,228.125,232.215,226.035,230.832, ADP,2022-09-29,229.697,229.712,224.24,226.652, ADP,2022-09-30,226.672,228.577,224.85,225.099, ADP,2022-10-03,227.249,232.344,226.592,231.13, ADP,2022-10-04,233.837,236.812,233.28,235.479, ADP,2022-10-05,234.295,239.962,232.921,237.897, ADP,2022-10-06,238.226,239.808,233.464,233.757, ADP,2022-10-07,230.832,231.598,224.821,226.025, ADP,2022-10-10,226.761,229.189,225.079,227.587, ADP,2022-10-11,227.08,227.587,224.024,225.179, ADP,2022-10-12,226.164,226.318,222.94,223.029, ADP,2022-10-13,218.521,230.195,217.745,228.791, ADP,2022-10-14,231.478,232.085,224.333,224.821, ADP,2022-10-17,229.219,232.434,228.771,231.956, ADP,2022-10-18,235.608,238.106,231.648,233.887, ADP,2022-10-19,230.125,233.061,229.11,232.115, ADP,2022-10-20,232.474,233.568,227.776,228.373, ADP,2022-10-21,227.836,232.046,226.323,231.618, ADP,2022-10-24,234.165,237.23,232.324,235.768, ADP,2022-10-25,234.185,237.25,234.185,236.613, ADP,2022-10-26,244.844,245.112,232.752,234.006, ADP,2022-10-27,234.195,237.111,232.583,233.837, ADP,2022-10-28,234.912,242.047,234.436,241.47, ADP,2022-10-31,239.43,241.221,238.305,240.534, ADP,2022-11-01,241.171,243.132,239.718,242.465, ADP,2022-11-02,242.465,246.555,236.196,236.295, ADP,2022-11-03,233.399,238.703,232.265,234.961, ADP,2022-11-04,237.668,238.425,230.961,235.718, ADP,2022-11-07,237.37,240.067,235.18,239.251, ADP,2022-11-08,239.778,247.252,238.957,243.858, ADP,2022-11-09,242.475,244.416,238.853,239.221, ADP,2022-11-10,249.969,254.437,246.386,253.651, ADP,2022-11-11,252.984,254.721,246.232,248.028, ADP,2022-11-14,247.789,251.541,247.162,248.874, ADP,2022-11-15,249.481,253.711,247.7,252.098, ADP,2022-11-16,253.422,255.482,251.83,252.397, ADP,2022-11-17,249.73,253.77,248.546,252.327, ADP,2022-11-18,255.164,256.577,252.596,254.785, ADP,2022-11-21,256.656,259.174,254.915,256.358, ADP,2022-11-22,258.577,261.274,256.816,260.707, ADP,2022-11-23,260.697,262.727,258.985,261.314, ADP,2022-11-25,262.329,263.657,260.697,262.677, ADP,2022-11-28,262.219,263.075,256.353,257.084, ADP,2022-11-29,255.91,257.462,254.198,255.82, ADP,2022-11-30,255.84,263.672,253.412,262.866, ADP,2022-12-01,265.772,268.101,262.637,266.658, ADP,2022-12-02,261.841,269.569,261.841,268.598, ADP,2022-12-05,265.265,265.712,262.19,263.115, ADP,2022-12-06,263.006,263.394,255.81,257.283, ADP,2022-12-07,257.98,258.557,256.089,257.97, ADP,2022-12-08,258.37,261.024,258.2,260.05, ADP,2022-12-09,260.17,260.38,256.95,257.2, ADP,2022-12-12,258.66,264.98,256.87,264.43, ADP,2022-12-13,273.89,274.92,261.1,262.2, ADP,2022-12-14,262.49,265.465,258.68,260.08, ADP,2022-12-15,256.96,257.7,248.08,248.79, ADP,2022-12-16,246.245,247.92,244.44,247.05, ADP,2022-12-19,245.31,247.095,243.66,245.06, ADP,2022-12-20,244.88,245.305,241.64,243.91, ADP,2022-12-21,245.92,247.56,244.125,247.04, ADP,2022-12-22,244.48,244.71,236.735,239.16, ADP,2022-12-23,237.92,241.65,236.59,240.94, ADP,2022-12-27,241.37,242.185,239.34,241.03, ADP,2022-12-28,241.35,242.735,237.72,237.85, ADP,2022-12-29,238.18,241.83,238.18,240.62, ADP,2022-12-30,239.7,240.2,236.05,238.86, ADP,2023-01-03,240.79,241.51,235.27,237.66, ADP,2023-01-04,240.17,241.37,236.92,238.78, ADP,2023-01-05,237.5,238.06,232.18,233.63, ADP,2023-01-06,235.98,242.51,235.05,240.16, ADP,2023-01-09,241.12,243.52,239.27,239.51, ADP,2023-01-10,239.01,241.007,237.46,240.78, ADP,2023-01-11,241.96,245.22,241.48,245.05, ADP,2023-01-12,244.36,245.93,242.58,244.26, ADP,2023-01-13,243.8,246.67,242.68,245.36, ADP,2023-01-17,243.79,244.35,236.135,236.78, ADP,2023-01-18,237.69,237.9,234.21,234.25, ADP,2023-01-19,232.8,234.93,232.2,233.32, ADP,2023-01-20,232.5,237.71,232.26,237.17, ADP,2023-01-23,236.48,241.86,235.44,240.96, ADP,2023-01-24,241.02,241.02,238.14,239.15, ADP,2023-01-25,234.25,234.25,223.66,228.01, ADP,2023-01-26,226.81,228.85,225.12,225.43, ADP,2023-01-27,224.5,225.88,220.21,220.8, ADP,2023-01-30,220.05,223.3,218.49,222.35, ADP,2023-01-31,223.73,226.53,222.99,225.81, ADP,2023-02-01,225.71,228.1,221.51,226.73, ADP,2023-02-02,226.86,229.15,224.57,228.99, ADP,2023-02-03,226.33,227.87,220.81,225.31, ADP,2023-02-06,223.63,226.03,222.8,223.47, ADP,2023-02-07,223.05,227.57,221.88,226.77, ADP,2023-02-08,224.85,226.96,222.99,223.98, ADP,2023-02-09,225.94,228.34,223.79,223.91, ADP,2023-02-10,223.03,226.74,223.03,225.82, ADP,2023-02-13,226.66,227.84,225.713,227.36, ADP,2023-02-14,226.83,227.36,223.12,224.59, ADP,2023-02-15,224.36,227.9,223.605,227.85, ADP,2023-02-16,226.0,228.82,225.02,227.48, ADP,2023-02-17,226.66,228.94,226.09,228.695, ADP,2023-02-21,226.69,228.34,223.66,224.68, ADP,2023-02-22,225.8,226.48,221.99,222.93, ADP,2023-02-23,223.91,224.04,220.36,222.78, ADP,2023-02-24,219.69,222.03,219.69,221.58, ADP,2023-02-27,223.0,224.235,221.17,221.6, ADP,2023-02-28,220.91,222.265,219.4,219.82, ADP,2023-03-01,220.15,220.88,217.815,219.56, ADP,2023-03-02,219.815,223.25,219.35,222.55, ADP,2023-03-03,223.12,225.13,222.75,224.75, ADP,2023-03-06,224.77,226.43,224.41,225.52, ADP,2023-03-07,224.4,225.58,220.44,221.28, ADP,2023-03-08,221.84,222.66,220.241,221.97, ADP,2023-03-09,221.74,222.38,218.81,218.98, ADP,2023-03-10,217.95,218.94,213.33,213.56, ADP,2023-03-13,212.82,217.51,212.27,213.55, ADP,2023-03-14,215.06,216.56,210.71,213.59, ADP,2023-03-15,212.07,213.31,210.04,213.25, ADP,2023-03-16,213.04,216.51,211.81,215.8, ADP,2023-03-17,216.3,217.03,212.575,213.22, ADP,2023-03-20,213.91,216.34,212.58,215.87, ADP,2023-03-21,216.52,218.56,215.18,218.1, ADP,2023-03-22,218.54,219.16,213.14,213.26, ADP,2023-03-23,213.7,216.907,212.135,213.62, ADP,2023-03-24,213.92,214.49,211.41,214.13, ADP,2023-03-27,214.95,216.31,214.1,214.36, ADP,2023-03-28,214.58,215.915,212.85,214.15, ADP,2023-03-29,216.11,220.75,215.0,219.9, ADP,2023-03-30,220.57,221.8,218.74,219.49, ADP,2023-03-31,220.92,222.77,219.81,222.63, ADP,2023-04-03,218.54,219.05,215.14,216.81, ADP,2023-04-04,216.155,216.97,212.19,214.04, ADP,2023-04-05,213.41,214.56,211.32,213.17, ADP,2023-04-06,213.18,216.37,212.58,216.11, ADP,2023-04-10,214.11,214.76,213.02,214.22, ADP,2023-04-11,214.34,215.46,213.29,215.21, ADP,2023-04-12,215.8,217.2,214.89,215.61, ADP,2023-04-13,215.87,217.635,214.475,217.25, ADP,2023-04-14,216.22,217.995,213.79,215.7, ADP,2023-04-17,216.23,218.23,215.73,218.16, ADP,2023-04-18,218.68,219.47,216.62,217.32, ADP,2023-04-19,216.93,218.12,216.665,217.04, ADP,2023-04-20,215.74,216.57,214.36,215.62, ADP,2023-04-21,215.98,215.98,213.81,215.21, ADP,2023-04-24,215.88,216.785,214.79,215.47, ADP,2023-04-25,214.88,214.88,211.64,211.69, ADP,2023-04-26,203.13,212.66,201.46,210.83, ADP,2023-04-27,211.99,216.96,211.398,216.16, ADP,2023-04-28,216.49,220.06,215.8,220.0, ADP,2023-05-01,219.23,222.55,218.85,221.12, ADP,2023-05-02,220.74,221.53,214.74,216.54, ADP,2023-05-03,218.05,219.61,215.96,215.98, ADP,2023-05-04,216.54,216.67,213.11,213.81, ADP,2023-05-05,215.15,217.55,213.94,215.48, ADP,2023-05-08,216.37,216.491,213.555,214.27, ADP,2023-05-09,213.93,214.26,212.15,213.66, ADP,2023-05-10,215.04,215.98,212.055,215.01, ADP,2023-05-11,213.76,214.52,209.14,209.81, ADP,2023-05-12,210.76,212.95,210.745,212.74, ADP,2023-05-15,212.24,214.57,212.0,214.39, ADP,2023-05-16,213.51,213.865,211.89,212.34, ADP,2023-05-17,213.74,214.99,212.37,213.96, ADP,2023-05-18,213.3,215.79,213.01,215.43, ADP,2023-05-19,216.64,217.54,215.26,216.18, ADP,2023-05-22,216.86,217.4,215.205,216.53, ADP,2023-05-23,216.0,216.495,215.04,215.55, ADP,2023-05-24,215.73,215.99,213.91,214.0, ADP,2023-05-25,211.81,212.1,208.81,210.4, ADP,2023-05-26,211.41,212.96,209.92,212.48, ADP,2023-05-30,212.66,213.0,207.715,210.12, ADP,2023-05-31,210.45,210.51,206.17,208.99, ADP,2023-06-01,210.39,212.17,208.66,211.81, ADP,2023-06-02,212.7,216.94,211.405,216.52, ADP,2023-06-05,217.05,217.27,215.61,216.24, ADP,2023-06-06,217.2,217.96,215.23,216.74, ADP,2023-06-07,216.25,216.63,214.715,216.47, ADP,2023-06-08,215.39,215.7,213.48,215.19, ADP,2023-06-09,214.33,215.68,213.48,215.22, ADP,2023-06-12,215.23,218.6,214.48,218.36, ADP,2023-06-13,218.93,220.61,218.54,220.49, ADP,2023-06-14,221.5,222.15,215.3,216.09, ADP,2023-06-15,216.31,221.56,215.6,220.97, ADP,2023-06-16,222.29,222.74,220.735,221.32, ADP,2023-06-20,221.47,222.28,219.9,220.28, ADP,2023-06-21,219.43,221.81,218.33,220.56, ADP,2023-06-22,220.15,222.27,218.83,220.4, ADP,2023-06-23,218.45,218.855,213.21,213.83, ADP,2023-06-26,213.99,216.295,212.82,215.54, ADP,2023-06-27,215.71,216.36,214.05,215.61, ADP,2023-06-28,215.15,216.48,213.73,215.61, ADP,2023-06-29,216.1,219.48,214.29,216.46, ADP,2023-06-30,217.52,220.55,217.465,219.79, ADP,2023-07-03,218.22,219.23,216.25,218.73, ADP,2023-07-05,218.11,220.2,217.22,219.7, ADP,2023-07-06,218.09,222.155,218.09,221.65, ADP,2023-07-07,219.82,221.35,218.52,218.74, ADP,2023-07-10,219.24,225.725,219.212,224.26, ADP,2023-07-11,224.84,226.64,223.624,226.38, ADP,2023-07-12,228.88,228.97,224.37,224.99, ADP,2023-07-13,225.24,227.61,224.61,227.16, ADP,2023-07-14,227.2,229.71,226.62,229.47, ADP,2023-07-17,228.26,234.44,228.26,233.72, ADP,2023-07-18,233.39,237.09,233.0,235.9, ADP,2023-07-19,235.18,238.53,235.11,237.33, ADP,2023-07-20,236.48,238.33,235.29,237.08, ADP,2023-07-21,238.69,239.82,237.53,237.69, ADP,2023-07-24,237.38,239.61,236.98,239.5, ADP,2023-07-25,238.61,241.07,238.135,240.48, ADP,2023-07-26,244.0,256.15,244.0,253.45, ADP,2023-07-27,254.75,256.84,249.64,250.88, ADP,2023-07-28,254.07,254.985,249.56,250.61, ADP,2023-07-31,250.6,250.6,245.84,247.26, ADP,2023-08-01,247.26,248.77,245.02,248.32, ADP,2023-08-02,245.05,248.32,245.05,247.36, ADP,2023-08-03,247.95,248.81,246.11,248.0, ADP,2023-08-04,249.07,249.26,245.37,245.76, ADP,2023-08-07,246.89,251.015,246.38,250.82, ADP,2023-08-08,249.49,250.7,247.26,248.34, ADP,2023-08-09,248.8,251.3,248.31,250.31, ADP,2023-08-10,251.67,254.13,249.775,250.56, ADP,2023-08-11,250.26,253.37,250.08,252.82, ADP,2023-08-14,253.15,254.31,250.99,251.96, ADP,2023-08-15,250.77,252.23,250.115,250.97, ADP,2023-08-16,250.92,252.98,250.35,250.9, ADP,2023-08-17,252.43,252.84,249.435,250.28, ADP,2023-08-18,249.16,251.76,248.63,251.05, ADP,2023-08-21,250.37,252.335,249.91,251.11, ADP,2023-08-22,250.88,252.03,248.91,249.53, ADP,2023-08-23,250.13,251.515,249.86,250.92, ADP,2023-08-24,251.87,253.63,249.68,249.795, ADP,2023-08-25,251.37,254.145,250.625,253.05, ADP,2023-08-28,254.9,255.78,253.34,254.39, ADP,2023-08-29,253.88,255.6,252.94,254.35, ADP,2023-08-30,254.78,256.188,253.64,254.93, ADP,2023-08-31,255.85,256.425,254.0,254.61, ADP,2023-09-01,254.79,256.76,254.05,255.75, ADP,2023-09-05,254.88,255.57,250.32,252.85, ADP,2023-09-06,252.58,252.67,249.9,251.05, ADP,2023-09-07,250.81,251.587,249.805,250.12, ADP,2023-09-08,251.28,251.39,248.86,249.37, ADP,2023-09-11,249.28,249.89,246.89,248.2, ADP,2023-09-12,247.05,248.675,246.9,248.02, ADP,2023-09-13,247.44,249.13,246.95,247.81, ADP,2023-09-14,248.43,248.74,246.35,248.29, ADP,2023-09-15,248.44,248.91,244.69,245.31, ADP,2023-09-18,246.16,248.14,245.7,247.28, ADP,2023-09-19,246.44,247.05,243.97,245.84, ADP,2023-09-20,247.21,247.21,243.8,243.865, ADP,2023-09-21,242.63,243.09,238.615,238.72, ADP,2023-09-22,237.62,240.93,237.62,239.35, ADP,2023-09-25,239.86,240.53,238.04,240.02, ADP,2023-09-26,238.79,239.31,236.13,237.24, ADP,2023-09-27,238.0,243.6,236.83,242.63, ADP,2023-09-28,242.29,244.4,241.86,243.31, ADP,2023-09-29,244.0,244.0,239.63,240.58, ADP,2023-10-02,240.58,240.95,238.045,239.37, ADP,2023-10-03,238.91,240.555,238.28,240.42, ADP,2023-10-04,241.29,244.35,239.88,243.98, ADP,2023-10-05,244.51,244.92,241.1,243.36, ADP,2023-10-06,242.15,247.65,240.275,246.38, ADP,2023-10-09,245.78,250.42,245.3,250.18, ADP,2023-10-10,250.18,251.3,247.69,249.15, ADP,2023-10-11,249.66,249.92,247.42,249.46, ADP,2023-10-12,250.61,250.815,246.3,247.65, ADP,2023-10-13,248.5,249.54,245.34,247.5, ADP,2023-10-16,248.91,250.11,247.67,249.26, ADP,2023-10-17,250.4,250.41,248.051,249.33, ADP,2023-10-18,249.57,250.34,247.85,248.26, ADP,2023-10-19,248.08,249.5,245.64,246.08, ADP,2023-10-20,246.3,246.6,241.45,241.68, ADP,2023-10-23,241.68,243.63,240.82,241.16, ADP,2023-10-24,241.01,242.58,237.92,240.45, ADP,2023-10-25,229.65,230.06,217.0,218.33, ADP,2023-10-26,218.3,222.46,217.12,218.84, ADP,2023-10-27,218.33,218.58,213.9,214.84, ADP,2023-10-30,215.68,217.11,213.26,216.08, ADP,2023-10-31,216.67,218.95,215.25,218.22,"ADP Q1 Earnings Beat on Recurring Revenues, Strong Clientele Automatic Data Processing, Inc.’s ADP first-quarter fiscal 2024 earnings beat failed to impress the market as the shares declined 1% since the earnings release on Oct 25. The company reported quarterly adjusted earnings per share of $2.08, which beat the consensus estimate by 2.5% and grew 11.8% year over year. Adjusted EBIT increased 7% from the year-ago fiscal quarter’s reading to $1.1 billion. Adjusted EBIT margin expanded 10 basis points to 24.2%. Automatic Data Processing, Inc. Price, Consensus and EPS Surprise Automatic Data Processing, Inc. price-consensus-eps-surprise-chart | Automatic Data Processing, Inc. Quote The impressive bottom-line performance was aided by healthy demand for the company’s innovative and mission-critical HCM solutions that serve more than one million diverse clients across the world and a highly recurring revenue business model. Employer Services’ revenues in the reported quarter increased 9% year over year on a reported and 8% on an organic constant-currency basis to $2.84 billion. This compares to our estimate of $3.02 billion. Pays per control increased 2% year over year. PEO Services’ revenues were up 3% year over year to $1.47 billion but missed our estimate of $1.48 billion. Average worksite employees paid by PEO Services were 717,000, up 2% from the year-ago fiscal quarter’s figures. Interest on funds held for clients increased 43% to $201.7 million and exceeded our estimated $201.6 million. ADP’s average client funds balance increased 6% to $31.1 billion. Average interest yield on client funds expanded 70 basis points to 2.6%. Currently, ADP carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Recent Earnings Snapshots The Interpublic Group of Companies, Inc.’s IPG third-quarter 2023 earnings and revenues missed the Zacks Consensus Estimate. IPG’s adjusted earnings were 70 cents per share, which lagged the consensus estimate by 6.7% but increased 11.1% on a year-over-year basis. Net revenues of $2.31 billion missed the consensus estimate by 3.3%. In the year-ago quarter, IPG’s net revenues were $2.3 billion. Total revenues of $2.68 billion increased 1.5% year over year. Equifax Inc. EFX reported lower-than-expected third-quarter 2023 results. Adjusted earnings (excluding 45 cents from non-recurring items) were $1.76 per share, missing the Zacks Consensus Estimate by 1.1% but increasing 1.7% from the year-ago figure. EFX’s total revenues of $1.32 billion missed the consensus estimate by 0.7% and increased 6% from the year-ago figure on a reported basis and 6.5% on a local-currency basis. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2023. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Interpublic Group of Companies, Inc. (The) (IPG) : Free Stock Analysis Report Equifax, Inc. (EFX) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2023-11-01,215.0,215.0,205.53,210.37,"[""Noteworthy Wednesday Option Activity: ADP, GRMN, IBM Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Automatic Data Processing Inc. (Symbol: ADP), where a total volume of 9,787 contracts has been traded thus far today, a contract volume which is representative of approximately 978,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.3% of ADP's average daily trading volume over the past month, of 1.7 million shares. Especially high volume was seen for the $240 strike put option expiring November 17, 2023, with 760 contracts trading so far today, representing approximately 76,000 underlying shares of ADP. Below is a chart showing ADP's trailing twelve month trading history, with the $240 strike highlighted in orange: Garmin Ltd (Symbol: GRMN) saw options trading volume of 3,147 contracts, representing approximately 314,700 underlying shares or approximately 49.7% of GRMN's average daily trading volume over the past month, of 632,875 shares. Especially high volume was seen for the $125 strike call option expiring December 15, 2023, with 453 contracts trading so far today, representing approximately 45,300 underlying shares of GRMN. Below is a chart showing GRMN's trailing twelve month trading history, with the $125 strike highlighted in orange: And International Business Machines Corp (Symbol: IBM) saw options trading volume of 21,064 contracts, representing approximately 2.1 million underlying shares or approximately 48% of IBM's average daily trading volume over the past month, of 4.4 million shares. Especially high volume was seen for the $145 strike call option expiring November 17, 2023, with 1,825 contracts trading so far today, representing approximately 182,500 underlying shares of IBM. Below is a chart showing IBM's trailing twelve month trading history, with the $145 strike highlighted in orange: For the various different available expirations for ADP options, GRMN options, or IBM options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 \u00bb Also see: \u0095 SWIM shares outstanding history \u0095 RCII market cap history \u0095 Institutional Holders of INNL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Verisk (VRSK) Surpasses Q3 Earnings and Revenue Estimates Verisk Analytics Inc. VRSK reported impressive third-quarter 2023 results, wherein earnings and revenues beat estimates. Adjusted earnings (excluding 23 cents from non-recurring items) were $1.52 per share, beating the Zacks Consensus Estimate and increasing 4.1% from the year-ago reported figure. Such a beat was supported by strong growth in underwriting data solutions, life insurance and extreme events solutions. Total revenues of $677.6 million surpassed the consensus estimate by 2.3% but decreased 9.1% from the year-ago figure. The reduced top line can be correlated to the sale of the company\u2019s environmental health and safety business and Financial Services segment. Verisk Analytics, Inc. Price, Consensus and EPS Surprise Verisk Analytics, Inc. price-consensus-eps-surprise-chart | Verisk Analytics, Inc. Quote Quarter Details Insurance segment revenues grew 11.1% on a reported basis and 9.4% on an OCC basis in the reported quarter. Within the segment, Underwriting and Rating revenues saw an uptick of 9.6% to $475.2 million, beating our estimate by 0.6%. Claim revenues increased to $202.4 million and surpassed our estimate by 9.5%, indicating an increase of 14.3% on a year-over-year basis. With the closing of the Energy and Specialized Markets segment, there were no revenues from the same. Verisk Financial Services was sold in April 2022 and no revenues for the segment are accounted for. Adjusted EBITDA grew 12.5% on a year-over-year basis to $366 million, beating our estimate by 2.1%. The adjusted EBITDA margin was 54%, increasing 60 basis points from the year-ago figure but fell short of our estimated 54.5%. The company exited the quarter with cash and cash equivalents of $416.8 million compared with $308.7 million held at the end of the previous quarter. Long-term debt was $2.85 billion compared with $2.84 billion held at the end of the previous quarter. Net cash generated from operating activities was $250.1 million. Free cash flow generated during the quarter was $195.8 million. The company repurchased shares of $49.8 million in the third quarter and returned $49.2 million as dividends to shareholders. Unaltered Guidance The company expects revenues to be in the range of $2.63-$2.66 billion. The Zacks Consensus Estimate is pegged at $2.66 billion. Adjusted EBITDA is expected to be in the band of $1.39-$1.43 billion. Expected adjusted EBITDA margin is unchanged in the band of 53-54%. Adjusted earning per share margin expectation is between $5.5 and $5.7. The consensus estimate of earnings of $5.71 per share lies above the guided range. Earnings Snapshot Fiserv, Inc.FI reported impressive third-quarter 2023 results, wherein earnings and revenues surpassed the Zacks Consensus Estimate. FI\u2019s adjusted earnings per share (excluding 40 cents from non-recurring items) of $1.96 exceeded the consensus mark by 1% and increased 20% year over year. Adjusted revenues of $4.62 billion surpassed the consensus estimate by 0.53% and increased 8.2% year over year. Organic revenue growth was 12% in the quarter, driven by 20% and 6% growth in the Acceptance and Payments segments, respectively. Waste Management Inc. WM reported mixed third-quarter 2023 results, wherein earnings beat the Zacks Consensus Estimate while revenues missed the same. WM\u2019s adjusted earnings per share of $1.63 surpassed the consensus estimate by 1.2% and improved 4.5% year over year. Total revenues of $5.2 billion missed the consensus estimate by 1.2% but increased 2.4% year over year. Automatic Data Processing, Inc. ADP reported mixed first-quarter fiscal 2024 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same. ADP\u2019s adjusted earnings per share of $2.08 beat the consensus estimate by 2.5% and grew 11.8% from the year-ago fiscal quarter\u2019s figure. Total revenues of $4.51 billion missed the consensus estimate by 0.2% but improved 7% from the year-ago fiscal quarter\u2019s reading on a reported basis and 7% on an organic constant-currency basis. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Waste Management, Inc. (WM) : Free Stock Analysis Report Verisk Analytics, Inc. (VRSK) : Free Stock Analysis Report Fiserv, Inc. (FI) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Jobs +113K Lower than Expected; Fed at 2pm The so-called \u201cjobs week\u201d gets underway this morning, with private-sector payrolls for October having been reported by Automatic Data Processing (ADP), as it does at the top of every month. A headline number of +113K new private-sector jobs filled was below the +130K analysts were expecting, while it surpassed the unrevised +89K reported for the previous month. This means we\u2019re still creating more than the amount of monthly private-sector jobs the economy needs to offset retiring Baby Boomers. Services dominated, as per usual, with +107K of the total going to sectors such as Education/Healthcare +45K, Trade/Transportation/Utilities +35K, Financials +21K and Leisure/Hospitality +17K. We saw a surprise -10K private-sector jobs in Professional/Business Services last month, which had previously been one of the stronger industries for private-sector jobs growth. Medium-sized companies (50-499 employees) brought the lion\u2019s share in the month, +78K. Small firms and large corporations were pretty well even at +19K and +18K, respectively. The South continued to lead the way overall, gaining +64K on these new private-sector jobs, followed by the West at +46K and the Northeast +21K. The Midwest brought a surprise negative -13K for the month. These figures are about to enter months where holiday shopping season static gets in the way of job growth data, as retailers, warehouses and delivery services start to add to their payrolls through the end of the year. We saw continued pay increases, both for those staying at their current jobs (+5.7%) and those changing employers (+8.4%), but these are the smallest monthly prints we\u2019ve seen since 2021. Low-wage jobs are gaining among sectors, most clearly displayed by the drop in Professional/Business Services and the biggest growth among teachers, nurses, etc. Thus, we\u2019re not seeing a dreaded \u201cwage/price spiral\u201d that would keep inflation pushing upward on the economy, and we expect the Fed \u2014 currently together for their latest FOMC meeting \u2014 to take note of this when they deliver today\u2019s decision on interest rates. After today\u2019s opening bell, we\u2019ll also get a look at the latest Job Openings and Labor Turnover Survey (JOLTS) for the month of September. Expectations here are for a tick-down to 9.4 million from 9.6 million posed a month ago. This would make the sixth-straight month below the psychologically important 10 million, and well off the 11.2 million we were seeing as recently as last December. Also ISM Manufacturing and Construction Spending numbers await. At 2pm ET today, the Fed will officially release the latest Fed funds rate level, with most analysts believing the monetary policy body will stand pat at 5.25-5.50%, and not raise another 25 basis points (bps) to the highest level we\u2019ve seen since the start of this century. Fed Chair Jay Powell will step to the podium for a press conference afterward, where he will no doubt be pressed whether the Fed intends to consider raising rates at the final FOMC meeting of the year, on December 12-13. Questions or comments about this article and/or author? Click here>> 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Markets Await Fed's Interest Rate Decision The so-called \u201cjobs week\u201d gets underway this morning, with private-sector payrolls for October having been reported by Automatic Data Processing ADP, as it does at the top of every month. A headline number of +113K new private-sector jobs filled was below the +130K analysts were expecting, while it surpassed the unrevised +89K reported for the previous month. This means we\u2019re still creating more than the amount of monthly private-sector jobs the economy needs to offset retiring Baby Boomers. Services dominated, as per usual, with +107K of the total going to sectors such as Education/Healthcare +45K, Trade/Transportation/Utilities +35K, Financials +21K and Leisure/Hospitality +17K. We saw a surprise -10K private-sector jobs in Professional/Business Services last month, which had previously been one of the stronger industries for private-sector jobs growth. Medium-sized companies (50-499 employees) brought the lion\u2019s share in the month, +78K. Small firms and large corporations were pretty well even at +19K and +18K, respectively. The South continued to lead the way overall, gaining +64K on these new private-sector jobs, followed by the West at +46K and the Northeast +21K. The Midwest brought a surprise negative -13K for the month. These figures are about to enter months where holiday shopping season static gets in the way of job growth data, as retailers, warehouses and delivery services start to add to their payrolls through the end of the year. We saw continued pay increases, both for those staying at their current jobs (+5.7%) and those changing employers (+8.4%), but these are the smallest monthly prints we\u2019ve seen since 2021. Low-wage jobs are gaining among sectors, most clearly displayed by the drop in Professional/Business Services and the biggest growth among teachers, nurses, etc. Thus, we\u2019re not seeing a dreaded \u201cwage/price spiral\u201d that would keep inflation pushing upward on the economy, and we expect the Fed \u2014 currently together for their latest FOMC meeting \u2014 to take note of this when they deliver today\u2019s decision on interest rates. After today\u2019s opening bell, we\u2019ll also get a look at the latest Job Openings and Labor Turnover Survey (JOLTS) for the month of September. Expectations here are for a tick-down to 9.4 million from 9.6 million posed a month ago. This would make the sixth-straight month below the psychologically important 10 million, and well off the 11.2 million we were seeing as recently as last December. Also ISM Manufacturing and Construction Spending numbers await. At 2pm ET today, the Fed will officially release the latest Fed funds rate level, with most analysts believing the monetary policy body will stand pat at 5.25-5.50%, and not raise another 25 basis points (bps) to the highest level we\u2019ve seen since the start of this century. Fed Chair Jay Powell will step to the podium for a press conference afterward, where he will no doubt be pressed whether the Fed intends to consider raising rates at the final FOMC meeting of the year, on December 12-13. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paycom's stock plummets after weak revenue forecast Adds executive comments in paragraphs 4,5; analysts comments in paragraphs 7-9; updates prices throughout Nov 1 (Reuters) - Shares of Paycom Software PAYC.N lost over a third of their value before the bell on Wednesday, on track to wipe more than $5 billion off the payroll processor's market capitalization, after its fourth-quarter revenue forecast lagged estimates. Paycom, one of the top percentage losers among NYSE-listed stocks in premarket hours, was last down nearly 36% at $155.89. The stock is set to open at its lowest since early 2019, if current levels hold. At least five brokerages cut their price targets on the stock after the Oklahoma City-based company said it was expecting fourth-quarter revenue in the range of $420 million to $425 million. Analysts on average estimated $452.3 million, according to LSEG data. Company executives said a jump in usage of its flagship product Beti, which increases efficiency for clients by letting their employees do their own payroll, was \""cannibalizing\"" some revenues it would have otherwise earned. \""Now that more clients are achieving the ROI (return on investment) that Beti has to offer, it has eliminated certain billable items,\"" CFO Craig Boelte said on a post-earnings call after market closed on Tuesday. Shares of competitors Ceridian HCM Holding CDAY.N and Automatic Data Processing ADP.O also lost over 2% each in premarket trading. \""Paycom's laser focus on driving automation and self-service payroll appears to have become a double-edged sword for the firm,\"" Morningstar analyst Emma Williams wrote in a note. Brokerage TD Cowen cautioned that trading in the stock would remain range-bound as investors seek more detail on a potential recovery. \""With higher uncertainty and lower visibility, we do not have a basis to recommend shares,\"" TD Cowen said. (Reporting by Niket Nishant in Bengaluru; Editing by Shilpi Majumdar) ((Niket.Nishant@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-11-02,211.63,218.75,211.52,218.56,"[""Jobless Claims, Q3 Productivity Up - So Are the Pre-Markets This being Thursday morning, we\u2019d likely be seeing new Weekly Jobless Claims figures, even if it weren\u2019t \u201cJobs Week.\u201d And even though it is, we still do: Initial Jobless Claims climbed to 217K last week, higher than the upwardly revised 212K the previous week. For Continuing Claims, we\u2019re back above 1.8 million for the first time since April: 1.818 million, up from the downwardly revised 1.783 million the previous week. Even though these numbers are up from early-September lows, they do not change the overview of the U.S. labor market, which remains healthy. Yesterday\u2019s private-sector payroll report from ADP ADP was lower than expected and month over month, but still easily gained more than the number of retiring workers domestically. Plus, JOLTS figures for September actually raised to 9.6 million from 9.4 million the previous month, though this report is a month in arrears from other employment data. Tomorrow brings us nonfarm payrolls from the U.S. Bureau of Labor Statistics (BLS) and a new Household Survey, together which make up the monthly Employment Situation. Expectations are for job gains to come in roughly half where they did a month ago, +170K. The Unemployment Rate is expected to remain 3.8%, with year-over-year hourly wages predicted to tick down from last month\u2019s print to +4.0%. These are all numbers the Fed can live with after opting not to raise interest rates yesterday. Q3 Productivity came in this morning hotter than expected: +4.7% versus +4.3% that analysts had been anticipating, and the +3.5% reported for the previous month. Though this is a preliminary headline \u2014 subject to often sizable revisions over time \u2014 it still represents the strongest quarter of productivity in three years. The associated Q3 Unit Labor Costs, on the other hand, came down: -0.8% versus expectations of +0.7% and the previous month\u2019s +2.2% \u2014 more good news for the Fed, who wants to see productivity rise but not wages along with it. We\u2019ll net more color on this tomorrow when October hourly wages hit the tape. Starbucks SBUX reported fiscal Q4 earnings this morning, beating expectations on both top and bottom lines: earnings of $1.06 per share notched a +9.28% positive surprise over the 97 cents expected \u2014 and much higher than the 81 cents per share reported a year ago. Revenues also topped the Zacks consensus by +1.62% to $9.37 billion in the quarter. Global same-store sales ratcheted higher than expected, with China putting up a game +5%. Shares have crossed back into positive territory on the report, up +12% so far in today\u2019s pre-market. For more on SBUX's earnings, click here. Crox CROX, on the other hand, even though it also outpaced expectations on both top and bottom lines, is sinking in pre-market trading to the tune of -13%, further pulling shares into negative territory year to date. Full-year earnings guidance, instead of raising with one quarter remaining following and earnings beat, came down to a range of $11.55-11.85 per share. The Zacks consensus had been for $12.10 per share. Overall, however, pre-market trading likes what it sees quite a bit. Much of what we see up on major indices this morning came after much of this economic data was reported: the Dow went from +150 points before to +220 after, the S&P 500 from +25 to +35, and the Nasdaq from +155 points to +200 at this hour. Aside from the small-cap Russell 2000, which still has about 4% to make up, these indices are approaching trading levels we saw a month ago \u2014 meaning the last few days of market strength has thus far wiped out the past month of losses. Questions or comments about this article and/or author? Click here>> Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Starbucks Corporation (SBUX) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""3 Dividend Stocks That Could Raise Their Payouts in November For long-term investors, dividend growth stocks can be key to unlocking great returns. Did you know that if a stock were to raise its dividend by 5% every year, your dividend income from it would double in 14 years? Three stocks that last raised their payouts by more than 5% are Nike (NYSE: NKE), Merck (NYSE: MRK), and Automatic Data Processing (NASDAQ: ADP). And they could once again increase their payouts this month. 1. Nike Sports apparel and footwear company Nike pays a modest dividend which at the current share price yields 1.3%, slightly lower than the S&P 500 average of 1.7%. But, to its credit, the company has consistently boosted its payouts over the years. In November of last year, Nike announced an 11% dividend increase that brought its quarterly payment to $0.34 per share. That marked the 21st straight year that Nike increased its dividend. Nike's business remained fairly resilient this year, with consumers' loyalty to its brand contributing to its strong results. For its fiscal 2024 first quarter, which ended Aug. 31, Nike reported revenue of $12.9 billion, up 2% year over year. Net income declined by just 1% to $1.5 billion. Given those results and Nike's modest payout ratio of 42%, it's likely that the company will raise its payouts again this month. However, I'd be cautious about investing in the stock as it trades at more than 30 times earnings, its growth rate is slowing, and it could face headwinds as consumers' discretionary income diminishes now that student loan repayments resumed. 2. Merck Pharmaceutical giant Merck provides investors with a higher yield of 2.8% at its current share price. However, Merck's annual dividend-hiking streak isn't as impressive as Nike's; it only stretches back to 2011. Last November, Merck increased its dividend payment by just under 6% to $0.73 per share. Although the company's payout ratio looks unsustainable at over 100%, it's earnings were weighed down a couple of quarters ago by a non-recurring charge related to an acquisition. In the third quarter, Merck reported earnings per share of $1.86, which was easily high enough to support its dividend and leave room for increases. Total sales rose 7% year over year to just under $16 billion as the company benefited from strong growth from its leading cancer drug, Keytruda -- its sales totaled $6.3 billion and grew by 17%. Merck is another company that looks likely to raise its dividend this month, as its business isn't in bad shape despite the seemingly high payout ratio. Trading at only 12 times its estimated future earnings, the stock could make for an excellent buy right now. 3. Automatic Data Processing Automatic Data Processing, better known as ADP, is a big name in human resources and payroll management. Many businesses rely on its payroll services, and that makes its operations fairly stable, with a great deal of recurring revenue. Income investors have also come to rely on it for its dividend, which at today's share price yields 2.3%. Last November, ADP announced a 20% increase in its quarterly dividend. Not only was it a large increase in the payout, but it also marked the 48th consecutive year that the company raised its dividend. With a streak like that, the business would have to be in serious trouble for it to fail to boost its payout in a given year. And there's really no reason to suggest that there are problems. In its most recently reported quarter, which ended Sept. 30, the company reported $4.5 billion in revenue, up 7% year over year. Net earnings were also up by more than 10% to $859.4 million. ADP's business looks solid. Investors are paying a multiple of 26 times earnings for the stock, which isn't low. But for dividend investors looking for an excellent investment they can rely on, ADP could make for a solid stock to buy and hold for decades. 10 stocks we like better than Nike When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Nike wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of October 30, 2023 David Jagielski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Merck and Nike. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-11-03,221.03,222.315,216.42,219.31,"[""Jobs Cut in Half to 150K; Unemployment +3.9% Today is Jobs Friday, capping off a Jobs Week that brought us private-sector payrolls from ADP ADP, JOLTS numbers for September, Jobless Claims and today\u2019s nonfarm payroll report from the U.S. Bureau of Labor Statistics (BLS). Today\u2019s headline jobs number is 150K, below the 170-180K expected, and well below the downwardly revised 297K the previous month. The Unemployment Rate ticked up to 3.9%. This has helped pre-market indices, in what is becoming one of the best trading weeks in recent memory. The Dow, which has notched 500+-point gains twice already this week, is up another +150 points on this news. The S&P 500 is up another +20, while the Nasdaq, up +5% in the past five trading days, is +50 points at this hour. Job gains coming in roughly half the previous month continues to support the Fed\u2019s decision on Wednesday not to have raised interest rates from their current 5.25-5.50%. We\u2019re already at the highest levels since prior to the Great Recession in 2007, and another hike would have taken us to levels not seen since prior to the tech bubble popping in 2001. The Unemployment Rate is the highest we\u2019ve seen since January of this year, when it was still at 4%. A year ago, we were 20 basis points (bps) lower than we are today, and while the temptation is to say the addition of Americans looking for work has increased, Labor Force Participation has ticked down to 62.7% from 62.8% the previous month. This was the highest we\u2019d seen since February of 2020 (directly pre-Covid), but it behooves investors to pay attention to these numbers over time. The hot labor market: how much is it cooling? Hourly Wages came in at +0.2%, the lowest since February 2022 as September\u2019s revision moved from +0.2% to +0.3%. Again, good news for the Fed decision to stand pat on interest rates \u2014 we appear to be high enough to quash inflation metrics in the labor market. Year over year, hourly wages are up +4.1%, the lowest of our current cycle (this was +4.9% in October of last year), and the lowest figure we\u2019ve seen since the +3.9% reported in January of 2021. As the American economy shrinks by design, in order to curb inflation and bring it back down to 2% (or wherever the Fed may amend this in the future), monthly jobs numbers are among the most important economic prints we will see. Every metric that shows a slow-melt of inflation will be another feather in the cap of the notion that the Fed is done raising rates for the year, and for the foreseeable future. This is the biggest reason we\u2019ve seen such a strong stock market this week, and if you\u2019re just starting to pay attention, welcome to the show. Happy Friday! Questions or comments about this article and/or author? Click here>> 4 Oil Stocks with Massive Upsides Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with \""black gold.\"" Zacks Investment Research has just released an urgent special report to help you bank on this trend. In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. Download your free report now to see them. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Unemployment Rate Increased More Than Expected Today is Jobs Friday, capping off a Jobs Week that brought us private-sector payrolls from ADP ADP, JOLTS numbers for September, Jobless Claims and today\u2019s nonfarm payroll report from the U.S. Bureau of Labor Statistics (BLS). Today\u2019s headline jobs number is 150K, below the 170-180K expected, and well below the downwardly revised 297K the previous month. The Unemployment Rate ticked up to 3.9%. This has helped pre-market indices, in what is becoming one of the best trading weeks in recent memory. The Dow, which has notched 500+-point gains twice already this week, is up another +150 points on this news. The S&P 500 is up another +20, while the Nasdaq, up +5% in the past five trading days, is +50 points at this hour. Job gains coming in roughly half the previous month continues to support the Fed\u2019s decision on Wednesday not to have raised interest rates from their current 5.25-5.50%. We\u2019re already at the highest levels since prior to the Great Recession in 2007, and another hike would have taken us to levels not seen since prior to the tech bubble popping in 2001. The Unemployment Rate is the highest we\u2019ve seen since January of this year, when it was still at 4%. A year ago, we were 20 basis points (bps) lower than we are today, and while the temptation is to say the addition of Americans looking for work has increased, Labor Force Participation has ticked down to 62.7% from 62.8% the previous month. This was the highest we\u2019d seen since February of 2020 (directly pre-Covid), but it behooves investors to pay attention to these numbers over time. The hot labor market: how much is it cooling? Hourly Wages came in at +0.2%, the lowest since February 2022 as September\u2019s revision moved from +0.2% to +0.3%. Again, good news for the Fed decision to stand pat on interest rates \u2014 we appear to be high enough to quash inflation metrics in the labor market. Year over year, hourly wages are up +4.1%, the lowest of our current cycle (this was +4.9% in October of last year), and the lowest figure we\u2019ve seen since the +3.9% reported in January of 2021. As the American economy shrinks by design, in order to curb inflation and bring it back down to 2% (or wherever the Fed may amend this in the future), monthly jobs numbers are among the most important economic prints we will see. Every metric that shows a slow-melt of inflation will be another feather in the cap of the notion that the Fed is done raising rates for the year, and for the foreseeable future. This is the biggest reason we\u2019ve seen such a strong stock market this week, and if you\u2019re just starting to pay attention, welcome to the show. Happy Friday! Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Dividend Growth Stocks With Upside To Analyst Targets To become a \""Dividend Aristocrat,\"" a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention \u2014 and furthermore, \""tracking\"" funds that follow the Dividend Aristocrats Index must own them. With all of this demand for shares, dividend growth stocks can sometimes become \""fully priced,\"" where there isn't much upside to analyst targets. But we here at ETF Channel have looked through the underlying holdings of the SPDR S&P Dividend ETF (which tracks the S&P High Yield Dividend Aristocrats Index), and found these five dividend growth stocks that actually still have fairly substantial upside to the average analyst target price 12 months out. Which means, if the analysts are correct, these are five dividend growth stocks that could produce capital gains in addition to their growing dividend payments. In the first table below, we present the five stocks. The recent share price, average analyst 12-month target price, and percentage upside to reach the analyst target are presented. STOCK RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET AbbVie Inc (Symbol: ABBV) $143.26 $173.27 20.95% RLI Corp (Symbol: RLI) $134.35 $158.75 18.16% Sherwin-Williams Co (Symbol: SHW) $245.32 $289.56 18.03% NIKE Inc (Symbol: NKE) $105.08 $123.65 17.67% Automatic Data Processing Inc. (Symbol: ADP) $218.56 $250.57 14.65% The average 12-month analyst targets are only targets for the share price however, and each of these stocks are expected to pay dividends during that holding period \u2014 so the expected total return if these stocks reach their analyst targets is actually the share price upside seen by the analysts plus the dividend yield shareholders can expect. To ballpark that total return potential, we have added the current yield to the analyst target price upside, in order to arrive at the 12-month total return potential: STOCK DIVIDEND YIELD % UPSIDE TO ANALYST TARGET IMPLIED TOTAL RETURN POTENTIAL AbbVie Inc (Symbol: ABBV) 4.33% 20.95% 25.28% RLI Corp (Symbol: RLI) 0.80% 18.16% 18.96% Sherwin-Williams Co (Symbol: SHW) 0.99% 18.03% 19.02% NIKE Inc (Symbol: NKE) 1.29% 17.67% 18.96% Automatic Data Processing Inc. (Symbol: ADP) 2.29% 14.65% 16.94% Another consideration with dividend growth stocks is just how much the dividend is growing. We looked up the trailing twelve months worth of dividends shareholders of each of the above five companies have collected, and then also looked up the same number for the prior trailing twelve months. This gives us a rough yardstick to see how much the dividend has grown, from one trailing twelve month period to another. STOCK PRIOR TTM DIVIDEND TTM DIVIDEND % GROWTH AbbVie Inc (Symbol: ABBV) $5.64 $5.92 4.96% RLI Corp (Symbol: RLI) $3.02 $8.06 166.89% Sherwin-Williams Co (Symbol: SHW) $2.35 $2.415 2.77% NIKE Inc (Symbol: NKE) $1.22 $1.36 11.48% Automatic Data Processing Inc. (Symbol: ADP) $4.16 $5 20.19% These five stocks are part of our full Dividend Aristocrats List. The average analyst target price data upon which this article was based, is courtesy of data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on NKE \u2014 FREE Get the latest Zacks research report on ADP \u2014 FREE Dividend Growth Stocks: 25 Aristocrats \u00bb Also see: \u0095 Railroads Dividend Stocks \u0095 ELDN Insider Buying \u0095 Top Ten Hedge Funds Holding ALRS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-11-06,219.43,220.96,218.63,220.54, ADP,2023-11-07,221.02,223.41,219.21,222.25,"UBS Initiates Coverage of Automatic Data Processing (ADP) with Neutral Recommendation Fintel reports that on November 7, 2023, UBS initiated coverage of Automatic Data Processing (NASDAQ:ADP) with a Neutral recommendation. Analyst Price Forecast Suggests 14.95% Upside As of October 31, 2023, the average one-year price target for Automatic Data Processing is 253.50. The forecasts range from a low of 219.17 to a high of $294.00. The average price target represents an increase of 14.95% from its latest reported closing price of 220.54. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Automatic Data Processing is 19,387MM, an increase of 5.89%. The projected annual non-GAAP EPS is 9.11. For more in-depth coverage of Automatic Data Processing, view the free, crowd-sourced company research report on Finpedia. What is the Fund Sentiment? There are 2884 funds or institutions reporting positions in Automatic Data Processing. This is an increase of 52 owner(s) or 1.84% in the last quarter. Average portfolio weight of all funds dedicated to ADP is 0.46%, an increase of 1.08%. Total shares owned by institutions decreased in the last three months by 0.94% to 349,598K shares. The put/call ratio of ADP is 0.93, indicating a bullish outlook. What are Other Shareholders Doing? VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 12,879K shares representing 3.13% ownership of the company. In it's prior filing, the firm reported owning 12,828K shares, representing an increase of 0.39%. The firm decreased its portfolio allocation in ADP by 8.55% over the last quarter. VFINX - Vanguard 500 Index Fund Investor Shares holds 9,836K shares representing 2.39% ownership of the company. In it's prior filing, the firm reported owning 9,669K shares, representing an increase of 1.71%. The firm decreased its portfolio allocation in ADP by 9.03% over the last quarter. Geode Capital Management holds 9,319K shares representing 2.27% ownership of the company. In it's prior filing, the firm reported owning 9,021K shares, representing an increase of 3.19%. The firm decreased its portfolio allocation in ADP by 7.75% over the last quarter. Bank of New York Mellon holds 9,018K shares representing 2.19% ownership of the company. In it's prior filing, the firm reported owning 9,198K shares, representing a decrease of 2.00%. The firm decreased its portfolio allocation in ADP by 87.51% over the last quarter. Alliancebernstein holds 8,633K shares representing 2.10% ownership of the company. In it's prior filing, the firm reported owning 8,843K shares, representing a decrease of 2.43%. The firm increased its portfolio allocation in ADP by 8.47% over the last quarter. Automatic Data Processing Background Information (This description is provided by the company.) ADP is a comprehensive global provider of cloud-based human capital management (HCM) solutions that unite HR, payroll, talent, time, tax and benefits administration, and a leader in business outsourcing services, analytics and compliance expertise. Its unmatched experience, deep insights and cutting-edge technology has transformed human resources from a back-office administrative function to a strategic business advantage. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds. Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits. Click to Learn More This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2023-11-08,224.06,226.47,223.28,225.48,"[""XLI, UPS, LMT, ADP: Large Outflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Industrial Select Sector SPDR Fund (Symbol: XLI) where we have detected an approximate $267.9 million dollar outflow -- that's a 1.9% decrease week over week (from 141,280,000 to 138,630,000). Among the largest underlying components of XLI, in trading today United Parcel Service Inc (Symbol: UPS) is up about 1.1%, Lockheed Martin Corp (Symbol: LMT) is off about 0.6%, and Automatic Data Processing Inc. (Symbol: ADP) is higher by about 1.6%. For a complete list of holdings, visit the XLI Holdings page \u00bb The chart below shows the one year price performance of XLI, versus its 200 day moving average: Looking at the chart above, XLI's low point in its 52 week range is $95.19 per share, with $111.12 as the 52 week high point \u2014 that compares with a last trade of $101.44. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb Also see: \u0095 Top Ten Hedge Funds Holding BNK \u0095 Top Ten Hedge Funds Holding BSX \u0095 Insulet DMA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""ADP Named A Top Socially Responsible Dividend Stock Automatic Data Processing Inc. (Symbol: ADP) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.2% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society \u2014 for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel, Automatic Data Processing Inc. is a member of both the iShares MSCI USA ESG Select ETF (SUSA), making up 1.41% of the underlying holdings of the fund, as well as the iShares MSCI KLD 400 Social Index Fund ETF (DSI), where ADP makes up 0.48% of the underlying holdings of the fund. The annualized dividend paid by Automatic Data Processing Inc. is $5/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 09/07/2023. Below is a long-term dividend history chart for ADP, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. ADP operates in the Business Services & Equipment sector, among companies like Visa Inc (V), and Mastercard Inc (MA). Top 25 Socially Responsible Dividend Stocks \u2014 Income To Feel Good About \u00bb Also see: \u0095 Top Ten Hedge Funds Holding XLBC \u0095 Institutional Holders of DIVS \u0095 DD Next Dividend Date The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-11-09,226.43,227.11,225.38,226.52,"December 29th Options Now Available For Automatic Data Processing (ADP) Investors in Automatic Data Processing Inc. (Symbol: ADP) saw new options begin trading today, for the December 29th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the ADP options chain for the new December 29th contracts and identified one put and one call contract of particular interest. The put contract at the $225.00 strike price has a current bid of $3.40. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $225.00, but will also collect the premium, putting the cost basis of the shares at $221.60 (before broker commissions). To an investor already interested in purchasing shares of ADP, that could represent an attractive alternative to paying $226.89/share today. Because the $225.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 1.51% return on the cash commitment, or 11.03% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Automatic Data Processing Inc., and highlighting in green where the $225.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $230.00 strike price has a current bid of $2.95. If an investor was to purchase shares of ADP stock at the current price level of $226.89/share, and then sell-to-open that call contract as a ""covered call,"" they are committing to sell the stock at $230.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 2.67% if the stock gets called away at the December 29th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if ADP shares really soar, which is why looking at the trailing twelve month trading history for Automatic Data Processing Inc., as well as studying the business fundamentals becomes important. Below is a chart showing ADP's trailing twelve month trading history, with the $230.00 strike highlighted in red: Considering the fact that the $230.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.30% boost of extra return to the investor, or 9.49% annualized, which we refer to as the YieldBoost. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $226.89) to be 23%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » Also see: • PBH Insider Buying • Funds Holding GBNK • MEOH Videos The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2023-11-10,228.12,229.19,226.34,228.49, ADP,2023-11-13,227.45,227.53,226.09,226.35, ADP,2023-11-14,229.64,231.22,228.775,230.42, ADP,2023-11-15,230.44,232.48,230.13,230.46,"[""Dividend Watch: 3 Companies Boosting Payouts Several companies have been delivering positive news to shareholders lately, such as dividend increases. When a company opts to raise its dividend, it indicates confidence in its current standing and future prospects. In addition, it reflects the company\u2019s commitment to returning value to shareholders, which is undoubtedly encouraging. Three companies \u2013 Nike NKE, Automatic Data Processing ADP, and Emerson Electric EMR \u2013 have all recently declared a dividend hike. For those with an appetite for income, let\u2019s take a closer look at how each company currently stacks up. Nike Nike\u2019s latest quarterly results pleased investors, with shares seeing notable positive momentum following the release. Concerning headline figures, NKE exceeded the Zacks Consensus EPS Estimate by nearly 30% and posted revenue primarily in line with expectations, with both items improving from the year-ago period. Image Source: Zacks Investment Research The apparel titan recently announced a 9% boost to its quarterly dividend, with the payout now totaling $0.37 per share. The company has already shown a notable commitment to increasingly rewarding shareholders, carrying a 10.5% five-year annualized dividend growth rate. In addition, Nike\u2019s growth expectations are worth highlighting, with earnings forecasted to climb 16% in its current year on 4% higher revenues. Peeking a bit ahead, FY25 estimates call for an additional 17% earnings growth paired with an 8% revenue climb. Image Source: Zacks Investment Research Automatic Data Processing Automatic Data Processing is one of the leading providers of cloud-based Human Capital Management (HCM) technology solutions. The company recently unveiled a sizable 12% boost to its quarterly dividend, with the payout now totaling $1.40 per share. As we can see below, the company has a history of consistently boosting its payout, currently carrying an impressive 10.7% five-year annualized dividend growth rate. Please note that the chart below is on an annual basis. Image Source: Zacks Investment Research ADP has been a consistent earnings outperformer, exceeding the Zacks Consensus EPS Estimate in 14 consecutive quarters. Just in its latest release, ADP posted a 2.5% beat relative to the Zacks Consensus EPS Estimate, reflecting growth from the year-ago period. Emerson Electric Emerson Electric Co. is a diversified global engineering and technology company providing a wide range of products and services to customers in consumer, commercial, and industrial markets. The stock is a current Zacks Rank #1 (Strong Buy), with estimates moving higher across the board. Image Source: Zacks Investment Research The company has long displayed a shareholder-friendly nature, with EMR\u2019s quarterly payout recently getting boosted by 1% to roughly $0.52 per share. In fact, Emerson Electric is a member of the elite Dividend Kings club, showing an unparalleled commitment to shareholders through a minimum of 50+ consecutive years of increased payouts. Image Source: Zacks Investment Research Shares aren\u2019t overly expensive given the company\u2019s forecasted growth, with consensus expectations for its current year calling for 16% earnings growth on 14% higher sales. Shares presently trade at a 17.3X forward earnings multiple (F1), beneath the 19.8X five-year median. Image Source: Zacks Investment Research Bottom Line Targeting dividend-paying stocks is an excellent strategy that investors can deploy. Dividends soften the blow from drawdowns in other positions, provide more than one way to reap a return from an investment, and allow maximum returns through dividend reinvestment. And all three companies above \u2013 Nike NKE, Automatic Data Processing ADP, and Emerson Electric EMR \u2013 have recently boosted their payouts. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2023. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Emerson Electric Co. (EMR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Why Automatic Data Processing (ADP) is a Great Dividend Stock Right Now Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Automatic Data Processing in Focus Based in Roseland, Automatic Data Processing (ADP) is in the Business Services sector, and so far this year, shares have seen a price change of -3.53%. Currently paying a dividend of $1.25 per share, the company has a dividend yield of 2.17%. In comparison, the Outsourcing industry's yield is 0.57%, while the S&P 500's yield is 1.7%. Taking a look at the company's dividend growth, its current annualized dividend of $5 is up 4.4% from last year. Automatic Data Processing has increased its dividend 5 times on a year-over-year basis over the last 5 years for an average annual increase of 10.65%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. ADP's current payout ratio is 59%, meaning it paid out 59% of its trailing 12-month EPS as dividend. ADP is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2023 is $9.15 per share, representing a year-over-year earnings growth rate of 11.18%. Bottom Line Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, ADP is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2023. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Validea's Top Information Technology Stocks Based On Warren Buffett - 11/15/2023 The following are the top rated Information Technology stocks according to Validea's Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. AUTOMATIC DATA PROCESSING INC (ADP) is a large-cap growth stock in the Software & Programming industry. The rating according to our strategy based on Warren Buffett is 93% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Automatic Data Processing, Inc. (ADP) is a global technology company engaged in providing cloud-based human capital management (HCM) solutions that unite HR, payroll, talent, time, tax and benefits administration. Its segments include Employer Services and Professional Employer Organization (PEO). Its Employer Services segment serves clients ranging from single-employee small businesses to large enterprises with tens of thousands of employees around the world, offering a range of technology-based HCM solutions, including its cloud-based platforms, and human resource outsourcing (HRO) solutions (other than PEO) solutions. Its offerings include Payroll Services, Benefits Administration, Talent Management, HR Management, Workforce Management, Compliance Services, Insurance Services and Retirement Services. Its PEO business, called ADP TotalSource, provides clients with employment administration outsourcing solutions. ADP serves over one million clients in 140 countries and territories. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: PASS SHARE REPURCHASE: PASS INITIAL RATE OF RETURN: PASS EXPECTED RETURN: PASS Detailed Analysis of AUTOMATIC DATA PROCESSING INC ADP Guru Analysis ADP Fundamental Analysis INFOSYS LTD ADR (INFY) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Warren Buffett is 79% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Infosys Limited is an India-based company, which provides consulting, technology, outsourcing and digital services. Its segments include Financial Services; Retail; Communication; Energy, Utilities, Resources and Services; Manufacturing; Hi-Tech; Life Sciences and All other segments. All other segments represent the operating segments of businesses in India, Japan, China, Infosys Public Services and other enterprises in public services. Its core services primarily include application management services, proprietary application development services, independent validation solutions, product engineering and management, infrastructure management services, traditional enterprise application implementation, support and integration services. Its products and platforms include Finacle, Edge Suite of products, Panaya platform, Infosys Equinox, Infosys Helix, Infosys Applied AI, Infosys Cortex, Stater digital platform, Infosys McCamish and others. It also owns Danske Bank's IT center in India. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: PASS SHARE REPURCHASE: PASS INITIAL RATE OF RETURN: PASS EXPECTED RETURN: FAIL Detailed Analysis of INFOSYS LTD ADR INFY Guru Analysis INFY Fundamental Analysis WIPRO LTD (ADR) (WIT) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Warren Buffett is 72% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. Company Description: Wipro Limited is a technology services and consulting company. The Company operates through two segments: Information Technology (IT) Services, and IT Products. IT Services segment provides a range of IT and IT enabled services which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure services, business process services, cloud, mobility and analytics services, research and development and hardware and software design. The IT Products segment provides a range of third-party IT products, which allows it to offer IT system integration services. These products include computing, platforms and storage, networking solutions, and software products. Its services include Applications, Artificial Intelligence, Business Process, Cloud, Consulting, Data & Analytics, Digital Experiences, Engineering, And Sustainability. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: FAIL SHARE REPURCHASE: PASS INITIAL RATE OF RETURN: PASS EXPECTED RETURN: FAIL Detailed Analysis of WIPRO LTD (ADR) WIT Guru Analysis WIT Fundamental Analysis Warren Buffett Portfolio Top Warren Buffett Stocks About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-11-16,231.71,233.3,227.25,229.91,"[""SUSA, OKE, ADP, TXN: Large Inflows Detected at ETF Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA ESG Select ETF (Symbol: SUSA) where we have detected an approximate $173.6 million dollar inflow -- that's a 3.4% increase week over week in outstanding units (from 53,950,000 to 55,800,000). Among the largest underlying components of SUSA, in trading today ONEOK Inc (Symbol: OKE) is off about 1.9%, Automatic Data Processing Inc. (Symbol: ADP) is down about 0.4%, and Texas Instruments Inc. (Symbol: TXN) is lower by about 0.1%. For a complete list of holdings, visit the SUSA Holdings page \u00bb The chart below shows the one year price performance of SUSA, versus its 200 day moving average: Looking at the chart above, SUSA's low point in its 52 week range is $80.74 per share, with $97.71 as the 52 week high point \u2014 that compares with a last trade of $93.89. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Free Report: Top 8%+ Dividends (paid monthly) Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows \u00bb Also see: \u0095 NVTS Videos \u0095 RC Videos \u0095 SGC Options Chain The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""7 Large-Cap Stocks to Buy for the Long Haul InvestorPlace - Stock Market News, Stock Advice & Trading Tips While sometimes overshadowed by stocks in the mega-cap ($200 billion market cap and higher) stocks category, large-cap stocks (or stocks with a market cap between $10 billion and $200 billion) can often offer investors the best of both worlds. Large-caps are typically shares in established, profitable enterprises. Compared to stocks in the mid-cap, small-cap, and micro-cap categories, this may make them better buys for investors targeting steady returns. With more room to run growth-wise compared to the mega-caps (which outside of tech, are typically very large, mature enterprises with limited growth potential), large-cap can have the potential to produce greater returns (from both price appreciation and dividends) compared to the mega-caps. According to Finviz, there are 713 large-caps trading on major U.S. exchanges. However, among this large pool of opportunities, take a look at these seven. Each of these large-cap stocks has a solid track record of earnings and dividend growth. Automated Data Processing (ADP) Source: IgorGolovniov / Shutterstock Automated Data Processing (NASDAQ:ADP) has long been one of the best large-cap stocks to buy and hold. Shares in the payroll and outsourced HR services provider have experienced strong price appreciation, rising 220% over the past decade. ADP stock has also been a rewarding investment for dividend-focused investors. As I noted back in August, ADP is a \u201cdividend aristocrat,\u201d with over 25 consecutive years of dividend growth under its belt. The stock currently has a forward dividend yield of 2.43%. Assuming growth trends continue, Automatic Data Processing remains well-positioned to continue producing strong returns. Forecasts call for earnings to rise by between 9%-10% over the next few years. Dividend growth has averaged 13.6% annually over the past five years. Put it all together, and it\u2019s clear to see why ADP remains one of the top large-caps for investors focused on steady gains for their portfolios. Illinois Tool Works (ITW) Source: Casimiro PT / Shutterstock.com Illinois Tool Works (NYSE:ITW) is another of the dividend aristocrats that\u2019s one of the best large-cap stocks to buy. This industrial conglomerate has increased its dividend payouts 27 years in a row. With a forward yield of 2.37%, dividend growth has averaged 9.8% annually over the past five years. Similar to ADP, ITW stock has also experienced an outsized level of price appreciation over the past decade. Consistent earnings growth has sent the stock surging threefold since 2013. ITW\u2019s forward multiple (24.3) may seem steep at first place, when compared to stocks overall. However, given the company\u2019s resilient results (improved earnings despite zero revenue growth) last quarter, and the prospect of growth re-acceleration (based on sell-side earnings forecasts), ITW still appears on track to deliver the level of earnings growth necessarily to sustain its valuation, and keep shares trending upwards over a long time frame. L3 Harris Technologies (LHX) Source: JennLShoots / Shutterstock.com L3 Harris Technologies (NYSE:LHX) isn\u2019t in the dividend aristocrats category just yet, but it\u2019s getting there. This defense firm has raised its payouts for 21 years in a row. LHX\u2019s 2.43% dividend yields provide a solid baseline of returns, and the payout has increased by 13.6% on average over the past five years. Thanks to the company\u2019s strengths in acquiring/realizing cost/growth synergies out of bolt-on acquisitions, LHX stock (up 182.8% over the past 10 years) appears poised to keep rising, in line with expected high single-digit increases in earnings per share. That\u2019s not all. As Raymond James analyst Brian Gesuale recently argued, LHX is undervalued compared to peers in the aerospace and defense technology space. While not for certain, it\u2019s possible that, over time, this valuation gap is bridged. Such multiple expansion could help to further boost future total returns. Medtronic (MDT) Source: JHVEPhoto / Shutterstock.com With shares declining in price over the past five years, at first you may question Medtronic\u2019s (NYSE:MDT) appeal as a long-term buy-and-hold. Yet while the medical device maker hasn\u2019t exactly been a winner for investors in recent years, it could be a different story in the years ahead. As InvestorPlace\u2019s Will Ashworth recently pointed out, Medtronic is in the midst of a restructuring. Once the company completes divesting non-core/underperforming business segments, and becomes focused fully on higher growth/higher margin products, MDT stock (trading for only 14.2 times earnings today) could experience a big re-rating to the upside. Alongside this, the stock\u2019s moderately-high dividend (3.8% forward yield) stands to provide a further boost for total returns. While it may take time for the turnaround to play out, in hindsight buying now (as uncertainty still looms over shares) could prove to be a very profitable move. NextEra Energy (NEE) Source: madamF / Shutterstock.com NextEra Energy (NYSE:NEE) shares are currently in a slump. There\u2019s no way to sugarcoat it. As I discussed last month, shares took a dive in September, as the prospect of persistently high interest rates and slowing growth for the utility company\u2019s renewables segments weighed on the minds of investors. However, if you\u2019re looking to make NEE stock one of the large-cap stocks to buy and hold in your portfolio, this sharp sell-off works to your advantage. Although shares have started to recover, NextEra remains reasonably-priced, at 18.4 times forward earnings. Despite the walking-back of outlook, analysts still expect NEE to report high single-digit earnings growth in the years to come, which may help to drive shares higher. Combine that with NextEra\u2019s 3.25% (and growing) dividend, and it\u2019s easy to see why NEE, while no longer a high-flier, could still be a long-term winner for slow-and-steady investors. Philip Morris International (PM) Source: Shutterstock With its greater exposure to non-combustible tobacco products, up until recently, Philip Morris International (NYSE:PM) was considered the tobacco company with the brightest future. More recently, though, pessimism about the stock has made a resurgence. Namely, there are concerns that, even for Philip Morris International, non-combustible growth will fail to make up for global declines in cigarette consumption. However, based on the company\u2019s Q3 2023 results, I wouldn\u2019t necessarily jump to this bearish conclusion about PM stock. Even when excluding increased revenue resulting from PM\u2019s acquisition of Swedish Match last year, top-line growth came in at 9.3%. With adjusted earnings per share rising 20.3%, so far it appears that the smokefree transition is working out. As PM trades for only 14.8 times earnings, and with a 5.75% dividend to boot, now may be the perfect time to make this a long-term buy-and-hold. Sysco (SYY) Source: Shutterstock Food distributor Sysco (NYSE:SYY) was initially able to pass on rising food costs to its consumers. This resulted in a big jump of profitability during the company\u2019s fiscal year ending July 2022. Since then, however, inflation has started to affect Sysco\u2019s financial performance. Namely, inflation, along with higher interest rates, have led to softening demand from the company\u2019s main customer base (restaurants). However, while in a rough patch right now, Sysco is likely to get back on track, once economic conditions normalize. This could spark a rebound for SYY stock, which is down 9.24% this year. In terms of SYY\u2019s appeal as one of the large-caps to buy-and-hold, after recovering from present headwinds, the company could get back to reporting prior levels of earnings growth. In turn, leading to continued mid single-digit growth of its dividend (currently at 2.9%), along with mid-single digit price appreciation. On the date of publication, Thomas Niel did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Thomas Niel, contributor for InvestorPlace.com, has been writing single-stock analysis for web-based publications since 2016. More From InvestorPlace The #1 AI Investment Might Be This Company You\u2019ve Never Heard Of Musk\u2019s \u201cProject Omega\u201d May Be Set to Mint New Millionaires. Here\u2019s How to Get In. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 7 Large-Cap Stocks to Buy for the Long Haul appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-11-17,230.96,230.96,228.0,229.39, ADP,2023-11-20,228.64,232.44,228.442,231.71, ADP,2023-11-21,231.81,232.145,230.065,231.21,"Here's Why You Should Retain ADP Stock in Your Portfolio Automatic Data Processing, Inc.’s ADP shares have appreciated 7% in the past six months compared with 6.9% and 7.2% growth of the industry and S&P 500 composite, respectively. The company has a long-term (three to five years) expected EPS growth rate of 11.7%. Its earnings are expected to increase 11.2% and 9.4% in fiscal 2024 and 2025, year over year, respectively. Factors That Bode Well ADP’s three-tier business strategy helps it maintain and grow its strong position as a human capital management (HCM) technology and services provider. The company is focused on delivering a complete suite of cloud-based HCM and HR Outsourcing solutions. It is expanding its international HCM and HRO businesses with established local, in-country software solutions and cloud-based multi-country solutions. We project revenues from the Employer Services segment to rise 7.3% year over year in fiscal 2024. PEO Services revenues are expected to grow 3.2%. Automatic Data Processing, Inc. Revenue (TTM) Automatic Data Processing, Inc. revenue-ttm | Automatic Data Processing, Inc. Quote ADP has been able to accelerate DataCloud penetration, and increase investments in inside sales, mid-market migrations and service alignment initiatives through its ongoing transformation initiatives. Through these initiatives, it continues to create, improve operations, expand margins and enhance innovation abilities. ADP has a consistent track record of dividend payment. In fiscal 2023, 2022, and 2021, the company paid $1.9 billion, $1.7 billion and $1.6 billion in dividends, respectively. Such moves indicate the company’s commitment to return value to shareholders and underline its confidence in business. We are expecting steady growth in income, which will translate to steady cash flow, enabling ADP to pay out stable dividends. Per our estimates, adjusted net income will grow 9.3%, 6% and 10.1%, respectively, in fiscal 2024, 2025 and 2026. Some Risks The outsourcing industry is labor intensive and heavily dependent on foreign talent. Rising talent costs due to competition could curb the industry’s growth. ADP, being one of the companies in the industry, is likely to get affected. ADP's current ratio at the end of first-quarter fiscal 2024 was pegged at 0.98, lower than 0.99 at the previous-quarter end. Decreasing current ratio is not desirable as it indicates that the company may have problems meeting its short-term obligations. Zacks Rank ADP currently carries a Zacks Rank #3 (Hold). Stocks to Consider Investors can consider the following better-ranked stocks: Rollins ROL currently carries a Zacks Rank #2 (Buy). For the fourth quarter of 2023, the Zacks Consensus Estimate for earnings is pegged at 20 cents, indicating year-over-year growth of 17.7%.You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here. ROL has an impressive earnings surprise history, beating the consensus mark in three of the four trailing quarters and matching once, the average surprise being 7.2%. Paychex PAYX also carries a Zacks Rank of 2. The consensus mark for second-quarter fiscal 2024 earnings is pegged at $1.07 per share, indicating 8.1% year-over-year growth. PAYX has an impressive earnings surprise history, beating the consensus mark in three of the four trailing quarters and missing once, the average surprise being 2.3%. Top 5 ChatGPT Stocks Revealed Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.” Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paychex, Inc. (PAYX) : Free Stock Analysis Report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Rollins, Inc. (ROL) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2023-11-22,232.7,233.75,229.8,231.15, ADP,2023-11-24,231.52,231.98,229.1,230.66,"ADP (ADP) Up 5.6% Since Last Earnings Report: Can It Continue? A month has gone by since the last earnings report for Automatic Data Processing (ADP). Shares have added about 5.6% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is ADP due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. ADP's Q1 Earnings Beat Estimates Automatic Data Processing reported mixed first-quarter fiscal 2024 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same. Adjusted EPS of $2.08 beat the consensus estimate by 2.5% and grew 11.8% from the year-ago fiscal quarter’s figure. Total revenues of $4.51 billion missed the consensus estimate by 0.2% but improved 7% from the year-ago fiscal quarter’s reading on a reported basis and 7% on an organic constant-currency basis. Segments Employer Services’ revenues of $2.84 billion increased 9% on a reported and 8% on an organic constant-currency basis and missed our estimate by 6.3%. Pays per control increased 2% from the year-ago fiscal quarter’s reading. PEO Services’ revenues were up 3% year over year to $1.47 billion and missed our estimate of $1.48 billion for the first quarter. Average worksite employees paid by PEO Services were 717,000, up 2% from the year-ago fiscal quarter’s figures. Interest on funds held for clients increased 43% to $201.7 million and exceeded our estimated $201.6 million. ADP’s average client funds balance increased 6% to $31.1 billion. Average interest yield on client funds expanded 70 basis points to 2.6%. Margins Adjusted EBIT increased 7% from the year-ago fiscal quarter’s reading to $1.1 billion. Adjusted EBIT margin grew 10 basis points to 24.2%. The margin of Employer Services increased 220 bps while PEO Services declined 90 bps. Balance Sheet and Cash Flow ADP exited first-quarter fiscal 2022 with cash and cash equivalents of $2.08 billion compared with $1.83 billion in the prior fiscal quarter. Long-term debt of $2.99 billion was flat sequentially. ADP generated $1.19 billion in cash from operating activities in the quarter. Capital expenditures were $60.9 million. Reaffirming Fiscal 2024 Outlook ADP still expects revenues to register 6-7% growth. Adjusted EPS is expected to register 10-12% growth. The adjusted effective tax rate is estimated to be approximately 23%. Adjusted EBIT margin is expected to grow 60-80 bps. The company expects Employer Services revenues to grow at a rate of about 7-8%, while PEO Services revenues are expected to grow at 3-5%. How Have Estimates Been Moving Since Then? In the past month, investors have witnessed a downward trend in estimates review. VGM Scores Currently, ADP has an average Growth Score of C, though it is lagging a lot on the Momentum Score front with an F. Charting a somewhat similar path, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, ADP has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2023-11-27,230.2,230.37,228.185,229.16,"[""UiPath (PATH) to Report Q3 Earnings: What's in the Offing? UiPath, Inc. PATH is scheduled to report its third-quarter fiscal 2024 results on Nov 30, after the closing bell. The company has an impressive earning surprise history, with earnings beating the Zacks Consensus Estimate in all four preceding quarters with an average surprise of more than 100%. Q3 Expectations The Zacks Consensus Estimate for UiPath\u2019s revenues in the to-be-reported quarter is pegged at $315.54 million, indicating a 20.1% year-over-year increase. An increase in customers and digital transformation initiatives are likely to have positively impacted the revenues of the company. The consensus estimate for earnings in the to-be-reported quarter is 7 cents per share, up 40% from the reported figure in the year-ago quarter. The increase in revenues can be correlated to the increase in earnings. UiPath, Inc. Price and EPS Surprise UiPath, Inc. price-eps-surprise | UiPath, Inc. Quote What Our Model Says Our proven model does not conclusively predict an earnings beat for PATH this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that\u2019s not the case here. You can uncover the best stocks before they\u2019re reported with our Earnings ESP Filter. PATH has an Earnings ESP of 0.00% and a Zacks Rank of 3. Earnings Snapshot Fiserv, Inc.FI reported impressive third-quarter 2023 results, wherein earnings and revenues surpassed the Zacks Consensus Estimate. FI\u2019s adjusted earnings per share (excluding 40 cents from non-recurring items) of $1.96 exceeded the consensus mark by 1% and increased 20% year over year. Adjusted revenues of $4.62 billion surpassed the consensus estimate by 0.53% and increased 8.2% year over year. Organic revenue growth was 12% in the quarter, driven by 20% and 6% growth in the Acceptance and Payments segments, respectively. Waste Management Inc. WM reported mixed third-quarter 2023 results, wherein earnings beat the Zacks Consensus Estimate while revenues missed the same. WM\u2019s adjusted earnings per share of $1.63 surpassed the Zacks Consensus Estimate by 1.2% and improved 4.5% year over year. Total revenues of $5.2 billion missed the consensus estimate by 1.2% but increased 2.4% year over year. Automatic Data Processing, Inc. ADP reported mixed first-quarter fiscal 2024 results, wherein earnings beat the consensus estimate but revenues missed the same. ADP\u2019s adjusted earnings per share of $2.08 beat the consensus estimate by 2.5% and grew 11.8% from the year-ago fiscal quarter\u2019s figure. Total revenues of $4.51 billion missed the consensus estimate by 0.2% but improved 7% from the year-ago fiscal quarter\u2019s reading on a reported basis and 7% on an organic constant-currency basis. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Waste Management, Inc. (WM) : Free Stock Analysis Report UiPath, Inc. (PATH) : Free Stock Analysis Report Fiserv, Inc. (FI) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Warren Buffett Detailed Fundamental Analysis - ADP Below is Validea's guru fundamental report for AUTOMATIC DATA PROCESSING INC (ADP). Of the 22 guru strategies we follow, ADP rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. AUTOMATIC DATA PROCESSING INC (ADP) is a large-cap growth stock in the Software & Programming industry. The rating using this strategy is 93% based on the firm\u2019s underlying fundamentals and the stock\u2019s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. EARNINGS PREDICTABILITY: PASS DEBT SERVICE: PASS RETURN ON EQUITY: PASS RETURN ON TOTAL CAPITAL: PASS FREE CASH FLOW: PASS USE OF RETAINED EARNINGS: PASS SHARE REPURCHASE: PASS INITIAL RATE OF RETURN: PASS EXPECTED RETURN: PASS Detailed Analysis of AUTOMATIC DATA PROCESSING INC ADP Guru Analysis ADP Fundamental Analysis More Information on Warren Buffett Warren Buffett Portfolio Top Warren Buffett Stocks About Warren Buffett: Warren Buffett is considered by many to be the greatest investor of all time. As the chairman of Berkshire Hathaway, Buffett has consistently outperformed the S&P 500 for decades, and in the process has become one of the world's richest men. (Forbes puts his net worth at $37 billion.) Despite his fortune, Buffett is known for living a modest lifestyle, by billionaire standards. His primary residence remains the gray stucco Nebraska home he purchased for $31,500 nearly 50 years ago, according to Forbes, and his folksy Midwestern manner and penchant for simple pleasures -- a cherry Coke, a good burger, and a good book are all near the top of the list -- have been well-documented. Additional Research Links Top NASDAQ 100 Stocks Top Technology Stocks Top Large-Cap Growth Stocks High Momentum Stocks High Insider Ownership Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Energy stocks drag European shares lower; Lagarde speech in focus By Shubham Batra Nov 27 (Reuters) - European shares were muted on Monday hurt by losses in energy stocks, while cautious investors awaited comments from European Central Bank (ECB) President Christine Lagarde on monetary policy later in the day. The pan-European STOXX 600 index .STOXX slipped 0.1%, with most peers trading in the red, except Spanish stocks .IBEX, which rose 0.4%. Energy shares .SXEP were the biggest drag, falling 0.8%, after Brent prices fell toward $80 a barrel, as investors awaited the OPEC+ meeting due later this week for an agreement to curb supplies into 2024. O/R Profits at China's industrial firms growing at a slower pace in October also weighed on oil stocks, suggesting more policy support from Beijing was needed to help shore up growth in the top consumer to revive demand. Rate-sensitive real estate .SX86P and technology shares .SX8P gained 0.5% and 0.2%, respectively, ahead of comments from ECB's Lagarde, who will be speaking at 1400 GMT before the Committee of Economic and Monetary Affairs of the European Parliament. \""It is no secret that a number of ECB policymakers continue to push the narrative that rates could go higher,\"" said Michael Hewson, chief market analyst at CMC Markets, UK. \""However, the market simply isn't buying into the narrative, given how quickly inflationary pressure is slowing across Europe, alongside the continued deterioration in the latest economic numbers.\"" Investors will closely monitor inflation data from Germany and the broader region this week, while also tracking the ongoing budget saga in Germany following a constitutional court ruling this month that threw Berlin's financial plans into disarray. Other movers this week also include Federal Reserve Chair Jerome Powell's speech on Friday, U.S. third-quarter GDP and personal consumption expenditure (PCE) report. Airports management firm ADP ADP.PA hit a near one-month low at 4.0% to slip to the bottom of STOXX 600 index. UK's RightmoveRMV.L was the top gainer, rising 6.7%, after the property portal lifted its forecast for annual average revenue per advertiser. SanofiSASY.PA climbed 1.1% after the drugmaker said it planned to seek U.S. approval for its best-selling anti-inflammatory drug Dupixent to be used in the treatment of \""smoker's lung\"", or COPD, after a second large trial showed significant benefits. Shares of CasinoCASP.PA rose 3.5% after the debt-burdened French retailer said it had received expressions of interest for the acquisition of its hypermarket and supermarket stores, declining to name the bidders and the number of stores it intended to sell. (Reporting by Shubham Batra in Bengaluru; Editing by Sherry Jacob-Phillips and Rashmi Aich) ((Shubham.Batra@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""European shares muted with energy shares biggest drag For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Nov 27 (Reuters) - European shares were muted on Monday, with lower oil prices dragging down energy shares, ahead of comments from European Central Bank's President Christine Lagarde on monetary policy before a committee of European Parliament. The pan-European STOXX 600 index .STOXX was flat by 0820 GMT, while Britain's FTSE 100 slid the most among European peers. Energy shares .SXEP were down 0.8% after Brent prices fell toward $80 a barrel, as investors awaited the OPEC+ meeting due later this week for an agreement to curb supplies into 2024. O/R All eyes will be on Lagarde, who will be speaking at 1400 GMT before the Committee of Economic and Monetary Affairs of the European Parliament to give an assessment on the region's monetary policy. Euro zone's flash inflation estimates and manufacturing data for November will be the key data points on investors' radar this week. Shares of airports management firm ADP ADP.PA hit a near one-month low at 5.9% to slip to the bottom of STOXX index. UK's RightmoveRMV.L was the top gainer, rising 5.5%, after the property portal lifted its forecast for annual average revenue per advertiser. (Reporting by Shubham Batra in Bengaluru; Editing by Sherry Jacob-Phillips) ((Shubham.Batra@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-11-28,229.41,230.29,228.435,228.99,"3 Stocks to Take Advantage of a Rising Outsourcing Industry Driven by economic, technological and business factors, the Zacks Outsourcing industry has grown significantly over time. Key factors include cost savings, access to skilled talent and the ability to focus on core competencies. According to ReportLinker's report, the outsourcing sector is anticipated to witness a substantial growth of $75.89 trillion from 2023 to 2027, witnessing a steady compound annual growth rate (CAGR) of 6.5%. Automatic Data Processing, Inc.ADP, Paychex, Inc. PAYX, and Broadridge Financial Solutions, Inc. BR can be considered by investors from the in-focus Outsourcing market. About the Industry Outsourcing involves delegating a company's internal operations to external resources or third-party contractors to enhance operational efficiency. Within the Zacks Outsourcing sector, you'll find companies that provide human capital, business management and IT solutions, primarily catering to small- and medium-sized enterprises. These services encompass a broad spectrum, including HR support, payroll management, benefits administration, retirement planning and insurance services. Certain firms excel in delivering business process services, with a strong focus on transaction processing, analytics and global automation solutions. This outsourcing approach empowers businesses to concentrate on their core competencies while external experts manage these critical functions. 5 Trends Shaping the Future of Outsourcing Industry Rising Demand Environment: The industry has gained traction over the past year, thanks to the recent advancements in the field of technology and the onset of remote work. Revenues, income and cash flows have been growing in the past year, aiding many industry players to pay out stable dividends. Continued growth of Business Process Outsourcing (BPO): Most outsourcing activities occur at lower levels within the organizational hierarchy. Per Grand View Research, theglobal marketfor BPO reached a valuation of $261.9 billion and is expected to witness a compound annual growth rate (CAGR) of 9.4% from 2023 to 2030. The demand for these services remains high due to their advantages, including greater flexibility, cost reduction and improved service quality. Relevance of IT Outsourcing: The IT Outsourcing market is projected to generate revenues of approximately $460.10 billion in 2023, with an anticipated CAGR of 11.07% from 2023 to 2028. The upside is expected to lead to a market size of about $777.70 billion by 2028. In the future, outsourced IT services will cover a wide range of functions, including programming and technical support. Organizations can outsource entire IT departments to cut costs and focus on core tasks. A significant driver of outsourcing trends will be the shortage of in-house engineering talent. Rising importance of cybersecurity: Heightened public awareness and evolving cyber threats, like ransomware and national-level cyberattacks, have led to a growing demand for robust data encryption and cybersecurity measures. Companies prioritize employee security awareness training and breach detection systems to prevent cybersecurity incidents. To address these challenges, businesses increasingly turn to outsourced cybersecurity services to mitigate risks, maintain compliance and support scalability in their operations. Emerging trends of technology: Trends like the Internet of Things (IoT), cloud computing, Artificial Intelligence (AI) and Machine Learning (ML) are on the verge of reshaping the outsourcing sector. These innovations propel efficiency, foster innovation and bolster competitiveness, altering the delivery of outsourcing services and opening novel avenues for businesses to enhance their operational efficiency. For instance, IoT data can be collected, processed and analyzed in the cloud, enabling real-time decision-making and predictive maintenance for clients. By integrating AI and ML into customer support outsourcing, companies can provide faster, more efficient and consistent customer support while optimizing operational costs. Zacks Industry Rank Indicates Encouraging Prospects The Zacks Outsourcing industry, which is housed within the broader Zacks Business Services sector, currently carries a Zacks Industry Rank #49. This rank places it in the top 20% of more than 250 Zacks industries. The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates continued outperformance in the near term. Our research shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one. The analysts covering the companies in this industry have been increasing their estimates. Over the past year, the industry’s consensus earnings estimate for the current year has increased 17.5%. Before we discuss several stocks that investors may consider holding due to their growth potential, let's first examine the recent performance of the industry in the stock market and its current valuation. Industry's Price Performance The Zacks Outsourcing industry has lagged behind the broader Zacks Business Services sector and the Zacks S&P 500 composite over the past year. The industry has lost 4.3% over this period against an 11% gain of the broader sector and a 15.5% increase of the Zacks S&P 500 composite. One-Year Price Performance Industry's Current Valuation On the basis of forward 12-month price-to-earnings (P/E), commonly used for valuing outsourcing stocks, the industry is currently trading at 19.39X compared with the S&P 500’s 19.26X and the sector’s 24.02X. In the past five years, the industry has traded as high as 30.79X, as low as 18.28X and at the median of 24.43X, as the charts below show. Price to Forward 12-Month P/E Ratio 3 Outsourcing Stocks to Consider Here are three stocks from the outsourcing space with a bright near-term prospect. Broadridge Financials is a global fintech firm known for providing tech-driven solutions and investor communication services to banks, broker-dealers, asset managers and issuers, with a reputation for producing and distributing critical financial documents. Its robust business model, driven by growing recurring fee revenues and strategic acquisitions, positions it well for revenue growth, supported by a diverse product portfolio. Broadridge excels in implementing its growth strategy in governance, capital markets and wealth management, seizing opportunities in the tech solutions space, including digital, AI, cloud and blockchain, through acquisitions. For the fiscal 2024, Broadridge expects recurring revenue growth to be 6-9%. Adjusted earnings per share growth is expected to be 8-12%. Adjusted operating income margin is estimated to be around 20%. Closed sales are anticipated between $280 million and $320 million. The Zacks Consensus Estimate for fiscal 2024 revenues is pegged at $6.53 billion, suggesting an increase of 7.7% from the year-ago reported figure. The consensus mark for earnings is pegged at $7.72, indicating growth of 10.1% from the year-ago figure. The estimate has been revised northward by 1.18% in the past 60 days. BR currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Price & Consensus: BR Automatic Data Processing is a top-tier provider of cloud-based Human Capital Management (HCM) technology solutions, offering global employers comprehensive services such as payroll, talent management, HR, benefits administration, and time and attendance management. By strategically acquiring firms like Celergo, WorkMarket, Global Cash Card, and The Marcus Buckingham Company, the company sustains its dominant position in the human capital management market, underpinned by a robust business model, significant recurring revenues, attractive profit margins, outstanding client retention, and minimal capital outlays. For Fiscal 2024, ADP expects revenues to register 6-7% growth. Adjusted earnings per share is expected to register 10-12% growth. The adjusted effective tax rate is estimated to be approximately 23%. The adjusted EBIT margin is expected to grow by 60-80 bps. Automatic Data Processing expects Employer Services revenues to grow at a rate of about 7-8%, while PEO Services revenues are expected to grow at 3-5%. The Zacks Consensus Estimate for fiscal 2024 revenues is pegged at $19.14 billion, calling for a 6.3% rise from the year-ago reported figure. The consensus mark for earnings is pegged at $9.14, indicating growth of 11.1% from the year-ago reported figure. ADP currently carries Zacks Rank #3 (Hold). Price & Consensus: ADP Paychex stands as a prominent provider of integrated HCM solutions, offering payroll, human resource, retirement and insurance services tailored to the needs of small- to medium-sized businesses. Paychex exhibits strength driven by robust revenue growth and its commanding position in the outsourcing market. The company is actively pursuing opportunities in the professional employer organization industry. At the same time, its steadfast commitment to consistent dividend payouts and share buybacks enhances investor confidence and contributes positively to earnings per share. Paychex provided its fiscal 2024 outlook wherein adjusted earnings per share is expected to register 9-11% growth, which is updated from the 9-10% growth expected earlier. PAYX reaffirmed its expectation of total revenues to register 6-7% growth. Management Solutions’ revenues are expected to grow around 5-6%. PEO and Insurance Solutions’ revenues are expected to grow 6-9%. Interest on funds held for clients is anticipated to be in the range of $140-$150 million. The company expects operating margin to be in the range of 41-42%. The Zacks Consensus Estimate for fiscal 2024 revenues is pegged at $5.34 billion, indicating a 6.7% increase from the year-ago reported figure. The consensus mark for earnings is pegged at $4.7, indicating growth of 10.1% from the year-ago reported figure. The estimate has been slightly revised northward in the past 60 days. PAYX currently carries a Zacks Rank #3. Price & Consensus: PAYX 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers ""Most Likely for Early Price Pops."" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.0% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Broadridge Financial Solutions, Inc. (BR) : Free Stock Analysis Report Paychex, Inc. (PAYX) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2023-11-29,229.84,231.055,228.84,229.16, ADP,2023-11-30,229.5,230.0,227.48,229.92, ADP,2023-12-01,229.64,233.31,229.23,232.94,"Are You Looking for a High-Growth Dividend Stock? All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Automatic Data Processing in Focus Headquartered in Roseland, Automatic Data Processing (ADP) is a Business Services stock that has seen a price change of -3.74% so far this year. The payroll and human resources company is paying out a dividend of $1.25 per share at the moment, with a dividend yield of 2.17% compared to the Outsourcing industry's yield of 0.56% and the S&P 500's yield of 1.7%. Looking at dividend growth, the company's current annualized dividend of $5 is up 4.4% from last year. Automatic Data Processing has increased its dividend 5 times on a year-over-year basis over the last 5 years for an average annual increase of 10.65%. Future dividend growth will depend on earnings growth as well as payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Right now, ADP's payout ratio is 59%, which means it paid out 59% of its trailing 12-month EPS as dividend. ADP is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2023 is $9.14 per share, which represents a year-over-year growth rate of 11.06%. Bottom Line From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. But, not every company offers a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, ADP is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Zacks Names ""Single Best Pick to Double"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2023-12-04,231.4,233.29,231.17,232.58,"[""Noteworthy ETF Outflows: QQQ, ADP, PDD, VRTX Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $701.9 million dollar outflow -- that's a 0.3% decrease week over week (from 571,700,000 to 569,900,000). Among the largest underlying components of QQQ, in trading today Automatic Data Processing Inc. (Symbol: ADP) is down about 0.5%, PDD Holdings Inc (Symbol: PDD) is off about 3.1%, and Vertex Pharmaceuticals, Inc. (Symbol: VRTX) is lower by about 0.8%. For a complete list of holdings, visit the QQQ Holdings page \u00bb The chart below shows the one year price performance of QQQ, versus its 200 day moving average: Looking at the chart above, QQQ's low point in its 52 week range is $259.73 per share, with $394.14 as the 52 week high point \u2014 that compares with a last trade of $383.36. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb Also see: \u0095 Institutional Holders of JFR \u0095 SOAC YTD Return \u0095 Funds Holding QUAL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""AHEXY or ADP: Which Is the Better Value Stock Right Now? Investors looking for stocks in the Outsourcing sector might want to consider either Adecco SA (AHEXY) or Automatic Data Processing (ADP). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits. Adecco SA has a Zacks Rank of #2 (Buy), while Automatic Data Processing has a Zacks Rank of #3 (Hold) right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that AHEXY is likely seeing its earnings outlook improve to a greater extent. However, value investors will care about much more than just this. Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels. Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. AHEXY currently has a forward P/E ratio of 14.69, while ADP has a forward P/E of 25.49. We also note that AHEXY has a PEG ratio of 1.57. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. ADP currently has a PEG ratio of 2.18. Another notable valuation metric for AHEXY is its P/B ratio of 2.04. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, ADP has a P/B of 27.63. These are just a few of the metrics contributing to AHEXY's Value grade of A and ADP's Value grade of D. AHEXY has seen stronger estimate revision activity and sports more attractive valuation metrics than ADP, so it seems like value investors will conclude that AHEXY is the superior option right now. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s credited with a \u201cwatershed medical breakthrough\u201d and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Adecco SA (AHEXY) : Free Stock Analysis Report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Paylocity (PCTY) Acquires Trace for Headcount Planning Solution Paylocity PCTY announced that it has officially acquired Trace. Notably, Trace is recognized for its innovative headcount planning solution, which helps organizations strategically manage their vital investments. The Trace platform facilitates the analysis and management of headcount plans, budget forecasting in relation to these plans and the approval of subsequent headcount changes. Given the evolving dynamics of the workforce, the strategic management of headcount has gained increased importance. However, traditional headcount planning often relies on manual cycles within individual departments, lacks integration with key business systems and process automation, and is susceptible to human errors. At the core of Paylocity's advanced Human Capital Management platform, there is a unified employee system of record, designed to support the entire employee lifecycle, linking essential HR data with various business solutions and services. The addition of Trace's headcount planning capabilities to PCTY's existing robust set of integrations and workflow tools is expected to enhance critical business processes, ultimately leading to improved decision-making and accelerated execution. Shares of PCTY, which currently carries a Zacks Rank #3 (Hold), have lost 17.7% year to date compared with the Zacks Computer and Technology sector\u2019s growth of 45.5% due to high-cost acquisitions in the past. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Paylocity Holding Corporation Price and Consensus Paylocity Holding Corporation price-consensus-chart | Paylocity Holding Corporation Quote Paylocity\u2019s Recent Investments to Aid Top-Line Growth Paylocity is placing significant emphasis on the concept of unified systems. In a recent move, the company integrated the technology of Cloudsnap, an acquisition target. This integration enables PCTY's customers to merge systems, facilitating seamless automated data exchange. The focus on unified systems underscores the company's commitment to streamlining processes and enhancing efficiency for its clientele. In a parallel effort to enhance overall workplace dynamics, Paylocity introduced innovative features earlier this year. Notably, the company launched Recognition & Rewards and Employee Voice tools designed to assist employers in cultivating a positive culture, boosting engagement and improving recruiting and retention efforts. Additionally, PCTY rolled out an updated mobile app, made enhancements to its generative AI and Learning Management System, and introduced a premium product offering market pay data. These initiatives are expected to aid top-line growth in the upcoming quarters. The Zacks Consensus Estimate for PCTY\u2019s fiscal 2024 revenues is pegged at $1.41 billion, indicating year-over-year growth of 19.71%. The Zacks Consensus Estimate for earnings is pegged at $5.91 per share, indicating a year-over-year improvement of 14.76%. Paylocity faces tough competition from Automatic Data Processing ADP, monday.com MNDY and Workday WDAY. ADP Workforce Now stands out as a comprehensive HR software suite, designed to cater to the needs of small, midsized and large companies. Its platform is structured on a unified database, ensuring easy access to critical information at any given time. The software offers various package options tailored to suit the requirements of diverse industries and its seamless connectivity to existing tools, partners, or pre-integrated apps from the ADP Marketplace. Monday.com is renowned for its versatility and offers a multitude of features designed to effectively address the diverse needs of HR teams. It provides a range of templates, such as a feedback tracker and applicant tracker, while also giving users the flexibility to customize their workflow. Its free plan is particularly beneficial for startups and small teams aiming for a quick start with HR software. For larger organizations, the Enterprise plan ensures access to advanced features and scalability that are essential for the effective management of a sizable business. Workday is an all-encompassing cloud-based software designed to streamline finance and HR management within organizations. It boasts an intelligent data core that seamlessly connects financial and employee data, providing valuable insights and flexibility for informed decision-making. Workday stands out as an ideal solution for enterprise businesses seeking a robust and comprehensive tool to effectively manage intricate HR processes. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s credited with a \u201cwatershed medical breakthrough\u201d and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows. It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Workday, Inc. (WDAY) : Free Stock Analysis Report Paylocity Holding Corporation (PCTY) : Free Stock Analysis Report monday.com Ltd. (MNDY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-12-05,232.53,232.885,229.86,231.56,"[""Wall Street Awaits Jobs Data Here in this first full week of December, we\u2019re beginning to see something of a re-think in the markets following a robust November that brought new year-to-date highs everywhere but the small-cap Russell 2000 index. While Friday, December 1st was a strong continuation of bullish sentiment, yesterday pitched a downward shift during the morning trading hours before fighting back somewhat; this morning we may be testing those lows. Most of the impactful data this week is still ahead of us, finishing with a flourish on Friday with the Employment Situation report from the Bureau of Labor Statistics (BLS) and the Household Survey. Today marks the start of so-called \u201cJobs Week,\u201d with Job Openings and Labor Turnover Survey (JOLTS) for October out at 10 am ET. In between, we\u2019ll see private-sector payrolls from ADP ADP tomorrow and Weekly Jobless Claims Thursday. Presumably, we\u2019re still in \u201cbad news is good news\u201d territory: weak jobs numbers will keep investors confident that the Fed will make no moves higher on interest rates. Then again, this has already been priced into equities, or at least mostly. For many forward-looking market participants, the name of the game is Fed cuts to current rates, with some believing the Fed funds rate will come down as early as the first three months of the year. More still believe mid-year will be the right time to see cuts, while some analysts \u2014 who keep the inflation mismanagement of the 1970s and 80s in mind \u2014 think no earlier than September will bring any rate cuts. Other than the JOLTS numbers later this morning, we\u2019ll also take a look at S&P Services PMI for November (expected to stay even at the tepid growth level of 50.8) and ISM Services (expected to gain 60 basis points [bps] to 52.4% last month). Levels above 50 indicate growth for both of these reports; we do not expect numbers below this level on either \u2014 but if we get them, the odds of a recession in 2024 will suddenly, if not acutely, increase. Ahead of today\u2019s open, we see fiscal Q1 earnings results for AutoZone AZO come in better than expected: earnings of $32.55 per share easily surpassed the $31.01 expected, and the $27.45 per share reported in the year-ago quarter. Revenues of $4.2 billion also slid past the $4.17 billion in the Zacks consensus, for a year-over-year gain of +5.1%. The company also continued its aggressive buyback initiatives, repurchasing $1.5 billion in shares over the quarter. After today\u2019s close, we\u2019ll hear from luxury homebuilder Toll Brothers TOL, which is expected to post lower numbers year-over-year on both top and bottom lines: -21.6% and -25.1%, respectively. Obviously, higher interest rates through most of this year have taken a \u201ctoll\u201d on all homebuilders, although due to existing homeowners keeping their domiciles off the market, we have seen homebuilders picking up the slack. The company has beaten earnings estimates in each of the past four quarters, for an average beat of more than +30%. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.0% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report AutoZone, Inc. (AZO) : Free Stock Analysis Report Toll Brothers Inc. (TOL) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Pre-Markets Stay Negative Ahead of JOLTS Report Here in this first full week of December, we\u2019re beginning to see something of a re-think in the markets following a robust November that brought new year-to-date highs everywhere but the small-cap Russell 2000 index. While Friday, December 1st was a strong continuation of bullish sentiment, yesterday pitched a downward shift during the morning trading hours before fighting back somewhat; this morning we may be testing those lows. Most of the impactful data this week is still ahead of us, finishing with a flourish on Friday with the Employment Situation report from the Bureau of Labor Statistics (BLS) and the Household Survey. Today marks the start of so-called \u201cJobs Week,\u201d with Job Openings and Labor Turnover Survey (JOLTS) for October out at 10 am ET. In between, we\u2019ll see private-sector payrolls from ADP ADP tomorrow and Weekly Jobless Claims Thursday. Presumably, we\u2019re still in \u201cbad news is good news\u201d territory: weak jobs numbers will keep investors confident that the Fed will make no moves higher on interest rates. Then again, this has already been priced into equities, or at least mostly. For many forward-looking market participants, the name of the game is Fed cuts to current rates, with some believing the Fed funds rate will come down as early as the first three months of the year. More still believe mid-year will be the right time to see cuts, while some analysts \u2014 who keep the inflation mismanagement of the 1970s and 80s in mind \u2014 think no earlier than September will bring any rate cuts. Other than the JOLTS numbers later this morning, we\u2019ll also take a look at S&P Services PMI for November (expected to stay even at the tepid growth level of 50.8) and ISM Services (expected to gain 60 basis points [bps] to 52.4% last month). Levels above 50 indicate growth for both of these reports; we do not expect numbers below this level on either \u2014 but if we get them, the odds of a recession in 2024 will suddenly, if not acutely, increase. Ahead of today\u2019s open, we see fiscal Q1 earnings results for AutoZone AZO come in better than expected: earnings of $32.55 per share easily surpassed the $31.01 expected, and the $27.45 per share reported in the year-ago quarter. Revenues of $4.2 billion also slid past the $4.17 billion in the Zacks consensus, for a year-over-year gain of +5.1%. The company also continued its aggressive buyback initiatives, repurchasing $1.5 billion in shares over the quarter. After today\u2019s close, we\u2019ll hear from luxury homebuilder Toll Brothers TOL, which is expected to post lower numbers year-over-year on both top and bottom lines: -21.6% and -25.1%, respectively. Obviously, higher interest rates through most of this year have taken a \u201ctoll\u201d on all homebuilders, although due to existing homeowners keeping their domiciles off the market, we have seen homebuilders picking up the slack. The company has beaten earnings estimates in each of the past four quarters, for an average beat of more than +30%. Questions or comments about this article and/or author? Click here>> 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers \""Most Likely for Early Price Pops.\"" Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.0% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report AutoZone, Inc. (AZO) : Free Stock Analysis Report Toll Brothers Inc. (TOL) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Ex-Dividend Reminder: Exponent, Automatic Data Processing and Schneider National Looking at the universe of stocks we cover at Dividend Channel, on 12/7/23, Exponent Inc. (Symbol: EXPO), Automatic Data Processing Inc. (Symbol: ADP), and Schneider National Inc (Symbol: SNDR) will all trade ex-dividend for their respective upcoming dividends. Exponent Inc. will pay its quarterly dividend of $0.26 on 12/22/23, Automatic Data Processing Inc. will pay its quarterly dividend of $1.40 on 1/1/24, and Schneider National Inc will pay its quarterly dividend of $0.09 on 1/8/24. As a percentage of EXPO's recent stock price of $81.03, this dividend works out to approximately 0.32%, so look for shares of Exponent Inc. to trade 0.32% lower \u2014 all else being equal \u2014 when EXPO shares open for trading on 12/7/23. Similarly, investors should look for ADP to open 0.60% lower in price and for SNDR to open 0.37% lower, all else being equal. Below are dividend history charts for EXPO, ADP, and SNDR, showing historical dividends prior to the most recent ones declared. Exponent Inc. (Symbol: EXPO): Automatic Data Processing Inc. (Symbol: ADP): Schneider National Inc (Symbol: SNDR): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.28% for Exponent Inc., 2.41% for Automatic Data Processing Inc., and 1.49% for Schneider National Inc. In Tuesday trading, Exponent Inc. shares are currently up about 2.4%, Automatic Data Processing Inc. shares are off about 0.1%, and Schneider National Inc shares are up about 0.6% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen \u00bb Also see: \u0095 LJPC Split History \u0095 WNS Options Chain \u0095 Top Ten Hedge Funds Holding ESR The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-12-06,232.19,232.99,230.225,232.35,"Q3 Productivity Increased More Than Expected Good news hits the tape this Hump Day on economic data across the board — when’s the last time we said that? Pre-market futures are ebbing upward on the news from Automatic Data Processing ADP private-sector payrolls, a revision to Q3 Productivity and an October Trade Balance. The S&P 500 is currently +10 points, the Dow +53 and the Nasdaq +46 points. ADP results for November came in below expectations: 103K new private-sector jobs were realized; 128K had been anticipated. This is also lower than the downwardly revised previous month, which moved from 113K originally reported to 106K today. Goods-making jobs came in negative, -14K, while Services made up +117K. This figure is off September cycle lows of 89K, but a long way from 455K reported in June of this year. We can see where the pullback is located when we look at the new private-sector jobs allotment by industry: Trade/Transportation/Utilities gained the most, +55K, followed by Education/Healthcare +44K and Financial Services, +11K. But for the first time in 16 months, Leisure/Hospitality — long the industry leader in private-sector jobs gains — actually lost jobs for the month: -7K. Manufacturing was down -15K. Small businesses (fewer than 50 employees), which largely consist of companies in the Leisure/Hospitality space, grew by +6K last month. Medium-sized firms (50-499 employees) gained the most private-sector positions for the month, +68K, and large firms made +33K new hires in November. According to ADP Chief Economist Nela Richardson on CNBC’s “Squawk Box” this morning, these numbers represent a pronounced change in the labor market. The Leisure & Hospitality space, which helped lead wage growth over the past year and a half, has now brought this metric lower as well: job-changers now can expect +8.3% in wage gains, and there has never been this small a “premium for changing jobs” since this has been tracked, according to Richardson. At roughly 100K private-sector job gains per month, Richardson says we’re “still on track for a soft landing” in the overall economy. Between retiring Baby Boomers out of the workforce and new hires in Gen-Z, 100K is slightly above what is needed in monthly jobs gains to keep labor market levels buoyant. For Friday’s Employment Situation report from the U.S. Bureau of Labor Statistics (BLS), expectations had been for 190K jobs filled in November; we’ll keep an eye out for downward revisions ahead of that release. The final revision to Q3 Productivity was also better than expected: +5.2% is 30 basis-points (bps) higher than expected, 50 bps above the previous print. It’s the best quarter for productivity since we first emerged from the Covid pandemic back in Q3 2020. Unit Labor Costs also presented good news: with -1.2% revised down from the previous -0.8% — the biggest drop since Q4 2022. As any Econ 101 student knows, higher productivity and lower wage costs make for a stronger economy. Mark another notch for staying out of a recession. The U.S. Trade Balance for October is arguably the only piece of “bad news” this morning: -$64.255 billion is the deepest cut we’ve seen since July. The good news here is that we are well off the -$70+ billion monthly trade deficits we’d seen as recently as April of this year. Going back to early 2022, we were seeing trade deficits sink below -$100 billion — a dire situation irritated by supply chain issues, etc. Pre-pandemic, our trade balance per month was hovering around -$50 billion; we hope to pull back to those levels in 2024. It looks as if the big market gains in November was a well-placed bet on a stronger economy and cooling jobs market — relative Goldilocks levels when we consider whether we are truly suited for a “soft landing.” The Fed, which brings forth its next interest rate decision a week from today, has got to like what it sees. Had expectations been more negative over the past few weeks of trading, we’d likely be seeing a big jump in pre-markets, but a lot of this is baked in the cake. Zacks Reveals ChatGPT ""Sleeper"" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other ""must buys."" Plus more. Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2023-12-07,231.5,232.72,229.4,229.99,"[""Jobless Claims Cool Week Over Week; Pre-Markets Up Jobs Week continues this Thursday morning, following a relatively subdued JOLTS report Tuesday and a slimmer-than-expected ADP ADP private-sector payrolls tally yesterday. Today it\u2019s Initial Jobless Claims and Continuing Claims, and we remain consistent on results that do not look to inflame market sensibilities. Headline Initial Claims came in at 220K, just below the 222K analysts were expecting \u2014 and exactly in-line with the average headline over the past six weeks (the six weeks prior averaged 207K new claims per week). Cycle highs came in a few weeks back, at 233K, but even this is well below the mid-summer 260K+ weeks we were seeing for a minute there. We haven\u2019t been below 200K in close to a year, but we\u2019re hovering around a generally healthy level of new jobless claims. Continuing Claims has drawn much more attention of late, after seeing last week\u2019s headline spike up north of 1.9 million; today\u2019s number is back down to 1.861 million \u2014 still higher than prints we\u2019ve seen over the past year, but perhaps showing resistance at these higher levels following nearly two months of higher longer-term claims every week. In fact, today was only the second week in the past 11 that was lower than the previous week. Of course, the big news this Jobs Week is yet to come: tomorrow morning\u2019s Employment Situation report is expected to bring in 190K new jobs for November. This is relatively high considering the muted labor market figures we\u2019re seeing elsewhere, but that\u2019s not to say it\u2019s not an accurate estimate. The Unemployment Rate is expected to remain steady at 3.9%, an historically healthy figure. Hourly Wages year over year are expected to tick down to 4.0% last month. Should these estimates be on the money, they would further the Goldilocks picture labor news has been painting over this Jobs Week. That said, markets over the past month or so \u2014 until recently: both the Dow and S&P 500 are on 3-day losing streaks \u2014 seem to have priced this in, which keeps the \u201csoft landing\u201d narrative in place. But whether investors will have an appetite to bid markets higher from here remains an open question. Pre-market futures have improved since the jobless claims releases: the Dow and S&P are both up +14 points at this hour, while the Nasdaq has climbed +109 points. Only the small-cap Russell 2000 is marginally lower at this hour; it is the only index of the four to be up +2% over the past week of trading. With three weeks left of trading in 2023, the Russell is +5.36%, the Dow +8.53%, the S&P +18.80% and the Nasdaq \u2014 off an atypically dismal 2022 \u2014 is +45.31%. Questions or comments about this article and/or author? Click here>> Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services likeSurprise Trader, Stocks Under $10, Technology Innovators,and more. They've already closed 162 positions with double- and triple-digit gains in 2023 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Stock Market News for Dec 7, 2023 Market News Wall Street ended lower on Wednesday, dragged down by the energy stocks. Market participants digested ADP data and waited for labor market data scheduled for release later this week. All three major indexes ended in red. How Did the Benchmarks Perform? The Dow Jones Industrial Average (DJI) fell 0.2%, or 70.13 points, to close at 36,054.43. Notably, 19 components of the 30-stock index ended in negative territory, while 11 were in green. The tech-heavy Nasdaq Composite declined 0.6% to close at 14,146.71. The S&P 500 fell 0.4% to end at 4,549.34. Out of 11 broad sectors of the benchmark, seven ended in negative territory, while four finished in green. The Energy Select Sector SPDR (XLE), the Technology Select Sector SPDR (XLK) and the Financials Select Sector SPDR (XLF) declined 1.5%, 0.9% and 0.5%, respectively, while the Utilities Select Sector SPDR (XLU) advanced 1.3%. The fear-gauge CBOE Volatility Index (VIX) increased 0.9% to 13. A total of 11.3 billion shares were traded on Wednesday, higher than the last 20-session average of 10.7 billion. The S&P 500 posted 29 new 52-week highs and no new lows. The Nasdaq Composite recorded 99 new highs and 93 new lows. ADP Private Payrolls Report Drives the Market Automatic Data Processing\u2019s ADP National Employment Report for November was released on Wednesday. According to the report, there was an increase of 103,000 jobs in payrolls month. The previous data of jobs added for October was revised from 113,000 to 106,000. The slowdown in the labor market is noticeable after the Federal Reserve implemented a series of interest rate hikes totaling 525 basis points since March 2022. Currently, financial markets reflect a sentiment that suggests a belief in easing labor market conditions and decreasing inflation. This leads to speculation that the Federal Reserve\u2019s tightening monetary policy may be coming to an end, and there could be potential for a rate cut in March. Investors are eagerly awaiting data on claims and key statistics regarding nonfarm payrolls, wages and unemployment in order to gain an understanding of overall market dynamics in the upcoming days. Gas Prices Hit 11-Month Low U.S. Crude oil declined on Wednesday. The West Texas Intermediate contract for January saw a drop of $3.14 or 4.34%, settling at $69.14 per barrel. Similarly, the Brent crude contract for February experienced a decrease of $3.06 or 3.96%, reaching $74.14 per barrel. Concurrently, U.S. pump prices have mirrored the downward trend in oil prices, averaging $3.22 per gallon as of Wednesday, marking the lowest price since Jan 3, as reported by AAA (the American Automobile Association, Inc.) The decline in oil prices can be attributed to production levels in OPEC countries, particularly the U.S., along with concerns about a potential economic slowdown occurring in China. As a result, energy stocks took a hit, with the S&P Energy SPDR declining by 1.5%. Consequently, shares of Halliburton Company HAL and EQT Corporation EQT fell 3.6% and 3.9%, respectively. Both carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Economic Data Per a government report, for the week ended Dec 1, U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.6 million barrels from the previous week. U.S. trade deficit rose in October to $64.3 billion or 5.1%. Nonfarm productivity in third-quarter 2023 was revised upward to 5.2.7% from 4.7% reported earlier. Unit labor costs decreased by 1.2% in the quarter. Earlier, the number was 0.8%. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services likeSurprise Trader, Stocks Under $10, Technology Innovators,and more. They've already closed 162 positions with double- and triple-digit gains in 2023 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Halliburton Company (HAL) : Free Stock Analysis Report EQT Corporation (EQT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Lululemon, Broadcom Beat After-Hours; Jobs Report Tomorrow Markets improved on pre-market futures today by the session\u2019s close, and greeted the closing bell at our near intra-day highs. The small-cap Russell 2000 even surged within the final minutes of regular trading. The Dow inched up +63 points, +0.18%, while the Russell gained +0.59%. The S&P 500 performed even better \u2014 +0.80% on the day, while the Nasdaq, which started out hotter at the day\u2019s open, closed +193 points, +1.37%. Lululemon Athletica LULU is out with Q3 earnings after today\u2019s close, with beats on both top and bottom lines: earnings of $2.53 per share easily swept past the $2.27 in the Zacks consensus, while revenues of $2.2 billion squeaked by estimates for $2.19 billion. Gross margins continued to impress: +110 basis points (bps) to 57.0%; +220bps, +58.1% adjusted. It\u2019s the 14th-straight earnings beat for LULU. However, earnings guidance for the full year, while higher, doesn\u2019t make up the gains posted in Q3, and the stock is trading down -4% on the news. Broadcom AVGO also beat estimates on top and bottom lines \u2014 which is no shocker: the company literally has no earnings misses as far back as our chart goes \u2014 earnings of $11.06 per share on revenues of $9.295 billion outpaced the $10.95 per share and $9.28 billion analysts were anticipating. Full-year revenue growth was boosted to $50.0 billion, likely as a result of synergies from its recent acquisition of VMWare. However, single-digit growth does not particularly become a stock up +66% year to date, so the shares are taking a -2% trim in late trading. Tomorrow morning is the big Employment Situation report, expected to bring in 190K new jobs for November, and with a steady Unemployment Rate of 3.9%. As we\u2019ve seen in other jobs data this week, however, it appears the extraordinary levels of job gains may now be a thing of the past. That said, the private-sector ADP ADP payroll report often does not match with the Friday nonfarm payrolls in real time; it takes a month or two of revisions to bring these closer together. Questions or comments about this article and/or author? Click here>> Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services likeSurprise Trader, Stocks Under $10, Technology Innovators,and more. They've already closed 162 positions with double- and triple-digit gains in 2023 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Market Awaits Tomorrow's Employment Report Jobs Week continues this Thursday morning, following a relatively subdued JOLTS report Tuesday and a slimmer-than-expected ADP ADP private-sector payrolls tally yesterday. Today it\u2019s Initial Jobless Claims and Continuing Claims, and we remain consistent on results that do not look to inflame market sensibilities. Headline Initial Claims came in at 220K, just below the 222K analysts were expecting \u2014 and exactly in-line with the average headline over the past six weeks (the six weeks prior averaged 207K new claims per week). Cycle highs came in a few weeks back, at 233K, but even this is well below the mid-summer 260K+ weeks we were seeing for a minute there. We haven\u2019t been below 200K in close to a year, but we\u2019re hovering around a generally healthy level of new jobless claims. Continuing Claims has drawn much more attention of late, after seeing last week\u2019s headline spike up north of 1.9 million; today\u2019s number is back down to 1.861 million \u2014 still higher than prints we\u2019ve seen over the past year, but perhaps showing resistance at these higher levels following nearly two months of higher longer-term claims every week. In fact, today was only the second week in the past 11 that was lower than the previous week. Of course, the big news this Jobs Week is yet to come: tomorrow morning\u2019s Employment Situation report is expected to bring in 190K new jobs for November. This is relatively high considering the muted labor market figures we\u2019re seeing elsewhere, but that\u2019s not to say it\u2019s not an accurate estimate. The Unemployment Rate is expected to remain steady at 3.9%, an historically healthy figure. Hourly Wages year over year are expected to tick down to 4.0% last month. Should these estimates be on the money, they would further the Goldilocks picture labor news has been painting over this Jobs Week. That said, markets over the past month or so \u2014 until recently: both the Dow and S&P 500 are on 3-day losing streaks \u2014 seem to have priced this in, which keeps the \u201csoft landing\u201d narrative in place. But whether investors will have an appetite to bid markets higher from here remains an open question. Pre-market futures have improved since the jobless claims releases: the Dow and S&P are both up +14 points at this hour, while the Nasdaq has climbed +109 points. Only the small-cap Russell 2000 is marginally lower at this hour; it is the only index of the four to be up +2% over the past week of trading. With three weeks left of trading in 2023, the Russell is +5.36%, the Dow +8.53%, the S&P +18.80% and the Nasdaq \u2014 off an atypically dismal 2022 \u2014 is +45.31%. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services likeSurprise Trader, Stocks Under $10, Technology Innovators,and more. They've already closed 162 positions with double- and triple-digit gains in 2023 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-12-08,229.19,232.585,228.27,229.27,"[""Hourly Wages Higher Than Expected The big Employment Report for November \u2014 consisting of nonfarm payrolls from the establishment and the household survey from the U.S. Bureau of Labor Statistics (BLS) \u2014 is out this morning, capping off this month\u2019s Jobs Week following JOLTS data, ADP ADP private-sector payrolls and Weekly Jobless Claims throughout this past week. Headline 199K new jobs filled last month is somewhat higher than expectations, and a big jump from the unrevised 150K posted a month ago. The Unemployment Rate dropped 20 basis points (bps) to 3.7%. This 199K figure is roughly in the median of the past several months, which had been roughly double during the Great Reopening period following the Covid pandemic. September nonfarm payrolls shed 35K from previous prints to 262K \u2014 much higher than the 105K posted in June but well below the 472K logged back in January of this year. The 3.7% Unemployment Rate is the lowest read since July; it also indicated 6.3 million Americans remain out of work. Hourly Wages grew more than expected month over month: +0.4% from +0.3% expected and +0.2% logged a month ago. Year over year, however, this tally has dipped 10 bps, as expected, to 4.0% \u2014 the lowest since June 2021. Labor Force Participation budded slightly higher to 62.8%, as did the Average Workweek, now +34.4 hours. Some of these jobs gains reflect the return to work of striking auto workers and motion picture participants, including screenwriters and actors. Auto workers gained +30K positions filled in November, +17K for motion picture workers. Healthcare led all industries, +77K, while the Government grew +49K for the month, and Leisure/Hospitality +40K. As far as industry job losers, Retail came in -38K and Transportation/Warehousing was -5K. We expect both of these prints to rebound in December for holiday shopping season. At first, pre-market futures did not like these numbers at all, falling to negative triple digits on both the Dow and Nasdaq. But then the blue-chip Dow bounced back to positive single-digits before dipping back into the red marginally. Much of the good news in the current and near-future economy has already been priced in, and now the perceived pivot is to determine when the Fed will start cutting interest rates. Strong jobs numbers is anathema to this; investors can expect higher interest rates for longer into 2024, and this is translating to dimmer futures, but only slightly. Next week brings us the next Federal Open Market Committee meeting, at which time the Fed will without a doubt decide to keep interest rates in the 5.25-5.50% range. Fed members are currently in a \u201cblackout period\u201d ahead of the meeting, but the only intriguing aspect of it is whether the Fed will discuss a timeline for cutting rates. The Fed remains focused on bringing about a soft landing to the economy, so won\u2019t likely be too eager to cut rates too soon. Expect some trading adjustments based on this realization when it shows up. Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""BLS Shows 199K New Jobs; Unemployment Down to 3.7% The big Employment Report for November \u2014 consisting of nonfarm payrolls from the establishment and the household survey from the U.S. Bureau of Labor Statistics (BLS) \u2014 is out this morning, capping off this month\u2019s Jobs Week following JOLTS data, ADP ADP private-sector payrolls and Weekly Jobless Claims throughout this past week. Headline 199K new jobs filled last month is somewhat higher than expectations, and a big jump from the unrevised 150K posted a month ago. The Unemployment Rate dropped 20 basis points (bps) to 3.7%. This 199K figure is roughly in the median of the past several months, which had been roughly double during the Great Reopening period following the Covid pandemic. September nonfarm payrolls shed 35K from previous prints to 262K \u2014 much higher than the 105K posted in June but well below the 472K logged back in January of this year. The 3.7% Unemployment Rate is the lowest read since July; it also indicated 6.3 million Americans remain out of work. Hourly Wages grew more than expected month over month: +0.4% from +0.3% expected and +0.2% logged a month ago. Year over year, however, this tally has dipped 10 bps, as expected, to 4.0% \u2014 the lowest since June 2021. Labor Force Participation budded slightly higher to 62.8%, as did the Average Workweek, now +34.4 hours. Some of these jobs gains reflect the return to work of striking auto workers and motion picture participants, including screenwriters and actors. Auto workers gained +30K positions filled in November, +17K for motion picture workers. Healthcare led all industries, +77K, while the Government grew +49K for the month, and Leisure/Hospitality +40K. As far as industry job losers, Retail came in -38K and Transportation/Warehousing was -5K. We expect both of these prints to rebound in December for holiday shopping season. At first, pre-market futures did not like these numbers at all, falling to negative triple digits on both the Dow and Nasdaq. But then the blue-chip Dow bounced back to positive single-digits before dipping back into the red marginally. Much of the good news in the current and near-future economy has already been priced in, and now the perceived pivot is to determine when the Fed will start cutting interest rates. Strong jobs numbers is anathema to this; investors can expect higher interest rates for longer into 2024, and this is translating to dimmer futures, but only slightly. Next week brings us the next Federal Open Market Committee meeting, at which time the Fed will without a doubt decide to keep interest rates in the 5.25-5.50% range. Fed members are currently in a \u201cblackout period\u201d ahead of the meeting, but the only intriguing aspect of it is whether the Fed will discuss a timeline for cutting rates. The Fed remains focused on bringing about a soft landing to the economy, so won\u2019t likely be too eager to cut rates too soon. Expect some trading adjustments based on this realization when it shows up. Questions or comments about this article and/or author? Click here>> Zacks Names \""Single Best Pick to Double\"" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It\u2019s a little-known chemical company that\u2019s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks\u2019 Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-12-11,231.32,235.255,230.86,233.29,"Salesforce (CRM) & ADP Tie Up to Enhance Client Experience Salesforce CRM and Automatic Data Processing ADP have announced an ambitious collaboration to reshape the landscape of client experiences. Leveraging Salesforce's Customer 360 platform, ADP aims to revolutionize its service delivery for more than 1 million clients globally. The expanded alliance between the companies signifies a strategic merging of ADP's extensive human capital management (HCM) expertise and Salesforce's AI prowess. This synergy seeks to empower ADP's service teams by unifying data insights and enabling lightning-fast responses to client queries. Maria Black, ADP's president and CEO, emphasized the significance of this collaboration in meeting client demands swiftly and effectively. ""This expanded partnership furthers our ability to quickly translate client data into actionable insights,"" she stated. ADP's two-decade-long collaboration with Salesforce has continuously propelled them toward the forefront of client experience delivery. Salesforce Inc. Price and Consensus Salesforce Inc. price-consensus-chart | Salesforce Inc. Quote Marc Benioff, chair and CEO of Salesforce, echoed this sentiment, highlighting the transformative power of AI in reshaping customer experiences. He emphasized ADP's leadership in harnessing AI, the Data Cloud and collaboration tools to redefine the client experience. ADP's proactive stance in embracing technological advancements isn't new; having previously partnered with Salesforce to digitize its global sales team, they are now embarking on a new journey to revamp human capital management experiences. This collaboration promises a tailored approach, integrating ADP's data-driven insights with Salesforce's cutting-edge technology to furnish personalized, actionable insights for each client. AI-powered analytics can provide deeper insights into workforce trends, enabling ADP's clients to make more informed decisions about talent management, resource allocation and strategic planning. Integrating AI into HCM services can streamline and automate various HR processes such as payroll management, talent acquisition and employee benefits administration, thereby reducing manual efforts and errors. Salesforce Banks on GenAI for Growth Salesforce is currently focusing on incorporating generative AI tools across its products as it looks to keep its business ahead of rivals. The company forayed into the generative AI space with the launch of Einstein GPT in March 2023. Einstein GPT is the world’s first generative AI CRM technology, which delivers AI-created content across every sales, services, marketing, commerce and IT interaction at hyperscale. With Einstein GPT, the company will transform customer experience with generative AI. Upping its ante in the space, CRM launched its AI Cloud service in June 2023, which is the company’s one-stop AI-powered solution for enterprises looking to enhance productivity. In March 2023, CRM raised its venture capital fund for generative AI to $500 million from $250 million. With this enhanced fund, Salesforce Ventures, the company’s global investment arm, will support the generative AI ecosystem and promote the development of responsible and trusted technology. In September 2023, Salesforce announced that it entered into a definitive agreement to acquire Airkit.ai, a startup that develops AI-powered customer service applications. Founded in 2017, Airkit.ai is a low-code platform that helps e-commerce companies build AI-powered customer engagement applications that can be deployed across multiple channels, including web, mobile and messaging apps. This Zacks Rank #3 (Hold) company has been benefiting from the resilient demand for its cloud and business software offerings in an uncertain macroeconomic environment as customers continue their major digital transformation. Moreover, its bottom-line results are benefiting from ongoing cost-restructuring initiatives, which include the trimming of the workforce and a reduction in office spaces. In third-quarter fiscal 2024, its revenues and non-GAAP earnings per share soared 11% and 51%, respectively, on a year-over-year basis. Stocks to Consider Some better-ranked stocks from the broader technology sector are Intel Corporation INTC and Aspen Technology, Inc. AZPN each carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The Zacks Consensus Estimate for Intel’s fourth-quarter 2023 earnings has moved up 11 cents to 44 cents per share in the past 60 days. The consensus estimate for 2023 earnings has increased 55.7% to 95 cents in the past 60 days. Intel's earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, delivering an average surprise of 136.3%. Shares of INTC have risen 69.1% year to date (YTD). The Zacks Consensus Estimate for Aspen's second-quarter fiscal 2024 earnings has moved north 14 cents to $1.49 per share in the past 60 days. The consensus estimate for fiscal 2024 earnings has increased 5 cents to $6.63 per share in the past 60 days. Aspen's earnings missed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average negative surprise of 32.3%. Shares of AZPN have lost 1.5% YTD. The New Gold Rush: How Lithium Batteries Will Make Millionaires As the electric vehicle revolution expands, investors have a chance to target huge gains. Millions of lithium batteries are being made & demand is expected to increase 889%. Download the brand-new FREE report revealing 5 EV battery stocks set to soar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Aspen Technology, Inc. (AZPN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc." ADP,2023-12-12,235.0,236.69,233.16,236.68,"[""3 Strong Buy Stocks for a Year-End Pickup InvestorPlace - Stock Market News, Stock Advice & Trading Tips It\u2019s time for investors to do some year-end planning. What worked? What didn\u2019t? If you\u2019re looking to add to your portfolio, identifying strong buy stocks is a good place to start. Part of every investor\u2019s due diligence is to look at analyst ratings. While they get it wrong sometimes, analyst opinions carry weight because they are deeply immersed in specific companies and sectors. In 2023, those ratings go well beyond \u201cBuy,\u201d \u201cSell,\u201d or \u201cHold.\u201d The idea was to allow analysts more nuance in their recommendations. Therefore, when analysts give a stock a \u201cStrong Buy\u201d rating, investors should pay attention. That\u2019s a message to investors to look at those stocks closely. To be clear, it\u2019s virtually impossible to find a stock that will have a consensus \u201cStrong Buy\u201d rating. However, the stocks on this list are being covered by a statistically significant number of analysts and are getting a substantial number of \u201cStrong Buy\u201d ratings. Therefore, they can be considered strong buy stocks. Here are three of those stocks for you to consider. Zscaler (ZS) Source: Sundry Photography / Shutterstock.com Zscaler (NASDAQ:ZS) is a leader in a specific kind of cybersecurity built on zero trust architecture. What problem is zero trust attempting to solve? Even before companies were adopting a fully remote or hybrid environment, there were networks spread over multiple cloud networks with remote users and multiple IoT devices. However, having these devices outside of a company\u2019s \u201cperimeter\u201d opens the door for hackers and malware to infect a system. And ironically, as much as artificial intelligence (AI) is expected to aid companies in their cybersecurity systems, generative AI is increasing the threats these companies face. That\u2019s where zero trust comes in. This system requires each device and user to be checked with every demand for access. Zscaler\u2019s Zero Trust Exchange is a cloud-based AI-powered threat prevention system. In the third quarter, the company grew at a 30% clip that led the market. The company\u2019s guidance suggests that\u2019s just the beginning. Out of 40 analysts that have given ZS stock a rating in the last three months, 29 give the stock a \u201cStrong Buy\u201d rating. If you want exposure to strong buy stocks in the cybersecurity sector, Zscaler merits your attention. Salesforce (CRM) Source: Sundry Photography / Shutterstock.com Salesforce (NYSE:CRM) is one of 2023\u2019s best-performing stocks. The company\u2019 has the world\u2019s number one generative AI solution for customer relationship management. As of this writing, CRM stock is up 93%. Understandably, investors on the sidelines may be hesitant to chase the stock higher. Howeer since this is an article about \u201cStrong Buy\u201d stocks, you already know that Salesforce has that going for it. However, in December, Salesforce and Apple (NASDAQ:AAPL) announced an expansion of their partnership. The new integrations will further embed Salesforce into the Apple ecosystem. And on December 12, the company announced that they were expanding their partnership with Automatic Data Processing (NASDAQ:ADP) \u201cto reimagine ADPs client experience for ADPs more than one million clients. That being said, the current consensus price target for CRM stock points to a 7% gain. However, of the 48 analysts that issued a rating on Salesforce in the last three months, 29 gave the stock a \u201cStrong Buy\u201d rating. Vale (VALE) Source: rafapress / Shutterstock.com If you prefer strong buy stocks that also pay attractive dividends, Vale (NYSE:VALE) looks very appealing. It\u2019s a Brazilian-based company that is offering attractive value with a forward price-to-earnings ratio of 6.7 times. it also pays a semi-annual dividend that currently yields 6.94%. The company is best known for mining iron ore and copper. That would be enough to get it on the radar of many investors. However, the company is also one of the world\u2019s leading miners of nickel. In addition to lithium, nickel is a metal that is essential to the EV industry. VALE stock is down 12% in 2023 due, in part, to two consecutive quarters of misses on the top and bottom lines. However, the company got back on track in its most recent quarter and is up approximately 8% in the last three months. Analysts are forecasting earnings growth of 29.7% in the next 12 months. That corresponds to a consensus price target that gives VALE stock a 17% gain in that same period. Out of 23 analysts, 14 give the stock a \u201cStrong Buy\u201d rating. On the date of publication, Chris Markoch did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Chris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for InvestorPlace since 2019. More From InvestorPlace The #1 AI Investment Might Be This Company You\u2019ve Never Heard Of Musk\u2019s \u201cProject Omega\u201d May Be Set to Mint New Millionaires. Here\u2019s How to Get In. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Strong Buy Stocks for a Year-End Pickup appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""Invesco QQQ Experiences Big Outflow Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $3.8 billion dollar outflow -- that's a 1.7% decrease week over week (from 569,900,000 to 560,200,000). Among the largest underlying components of QQQ, in trading today Amgen Inc (Symbol: AMGN) is up about 0.7%, Automatic Data Processing Inc. (Symbol: ADP) is up about 0.3%, and PDD Holdings Inc (Symbol: PDD) is higher by about 2.5%. For a complete list of holdings, visit the QQQ Holdings page \u00bb The chart below shows the one year price performance of QQQ, versus its 200 day moving average: Looking at the chart above, QQQ's low point in its 52 week range is $259.73 per share, with $396.69 as the 52 week high point \u2014 that compares with a last trade of $396.29. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average \u00bb. Free Report: Top 8%+ Dividends (paid monthly) Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows \u00bb Also see: \u0095 Victor Mashaal Stock Picks \u0095 LIN YTD Return \u0095 Funds Holding KBWR The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-12-13,237.27,239.26,235.57,239.22,"[""Get Rich With This Boring but Unstoppable Stock Do you enjoy investing? Or is it merely a means to an end? It's fine if you're a so-called market junkie, following the market's daily headlines and keeping a constant eye out for the next hot story stock. There's also nothing wrong with a boring, passive approach to picking stocks. Indeed, often times the \""less is more\"" crowd ends up with better returns than active investors. There's a largely overlooked name more investors might want to consider adding to their portfolio regardless of their long-term goals and risk tolerances. Shares of boring payroll processor outfit Automatic Data Processing (NASDAQ: ADP) are up an incredible 240% for the past 10 years, with more of the same likely in the cards for the next 10. Automatic Data Processing is on a roll Shares of Automatic Data Processing -- you may know it better as just ADP -- have more than tripled in value since this point in 2013. For comparison, the S&P 500 is up roughly the same amount for the same time frame. Most of the S&P 500's gains were driven by growth stocks though, whereas ADP is more of a value name. Factoring in ADP's better dividend payments, what you're left with is a surprisingly strong performance from a stock not too many investors think much about. Just as the name suggests, Automatic Data Processing offers a variety of processing services. It's best known for handling payroll duties for medium and large businesses, although that's far from all it does. The company provides a variety of other human resources services, too, like recruiting, benefits program management, employee time clocks, tax matters, contract worker paperwork, work-related credentials, and more. It's truly a turnkey HR solution for enterprises looking to focus more on their products and services and worry less about human logistics stuff. Boring? You bet. Don't presume there's no growth in a boring business though. Companies of all shapes and sizes are increasingly turning to third parties to handle increasingly complicated human resources functions. In step with its stock's 240% gain over the course of the past decade, ADP's annualized revenue has grown from $11 billion to more than $18 billion, while net income has exploded from a little over $1.4 billion per year to just under $3.5 billion. Per-share profits have grown even more thanks to big-time stock buybacks, from less than $3 then to $8.42 per share for the four-quarter stretch ending in September. ADP Revenue (Quarterly) data by YCharts Perhaps even more bullish than the company's long-term growth, however, is the consistency of its growth. Note that with the exception of 2013's reporting of revenue-crimping asset sales initiated in 2012 and the impact of COVID-19 shutdowns in the first half of 2020, Automatic Data Processing hasn't failed to report year-over-year sales growth in any quarter in years. Operating income and net income have grown almost as reliably. This actually makes sense though. ADP's business model generates recurring revenue ultimately based on the scope of services performed. Its clients are billed on a monthly basis, and its revenue retention rate reached record-breaking levels of more than 92% during the fiscal year ending in June. Once a customer is on board, they tend to stay on board. The kicker: Automatic Data Processing is sharing the wealth in the meantime, and has plenty of it to share. The stock's quarterly per-share dividend has grown from $0.435 10 years ago to $1.40 now. Even with that annualized growth rate of more than 12%, however, the dividend still only consumes around two-thirds of the company's profits. The rest of its earnings can be used to add value in other ways, like the aforementioned stock buybacks, the acquisition of other companies, or simply reinvesting in technologies that drive more growth. Just buy ADP already and forget about it If you're looking for thrills and entertainment, look elsewhere -- ADP doesn't offer it. The company isn't working on any game-changing technologies or miracle drugs. It's not dishing out double-digit revenue or earnings growth. By most measures, it's a relatively boring stock. It's a boring stock, however, reflecting a powerhouse company operating in an industry with a strong foundation and lots of opportunity for continued expansion. See, the world's always going to need workers, and there's little reason to think more and more companies aren't going to reach a point where they simply decide to punt most -- if not all -- of their human resources functions to third parties like ADP. In this vein, market research outfit Technavio believes this business is set to grow at an annual pace of 5.6% through 2027. Given its current dominating footprint, Automatic Data Processing is positioned to capture more than its fair share of this growth. Just don't tarry if you want in. The stock's still trading where it was as of late 2021. It doesn't seem likely the market's going to let this one linger there for a whole lot longer though. Should you invest $1,000 in Automatic Data Processing right now? Before you buy stock in Automatic Data Processing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Automatic Data Processing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of December 11, 2023 James Brumley has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."", ""5 Dividend Aristocrats Where Analysts See Capital Gains To become a \""Dividend Aristocrat,\"" a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention \u2014 and furthermore, \""tracking\"" funds that follow the Dividend Aristocrats Index must own them. With all of this demand for shares, dividend growth stocks can sometimes become \""fully priced,\"" where there isn't much upside to analyst targets. But we here at ETF Channel have looked through the underlying holdings of the SPDR S&P Dividend ETF (which tracks the S&P High Yield Dividend Aristocrats Index), and found these five dividend growth stocks that actually still have fairly substantial upside to the average analyst target price 12 months out. Which means, if the analysts are correct, these are five dividend growth stocks that could produce capital gains in addition to their growing dividend payments. In the first table below, we present the five stocks. The recent share price, average analyst 12-month target price, and percentage upside to reach the analyst target are presented. STOCK RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET NextEra Energy Inc (Symbol: NEE) $62.78 $71.57 14.00% Brown & Brown Inc (Symbol: BRO) $71.96 $78.00 8.39% Berkley Corp (Symbol: WRB) $71.17 $75.78 6.47% Automatic Data Processing Inc. (Symbol: ADP) $235.97 $250.57 6.19% Church & Dwight Co Inc (Symbol: CHD) $91.36 $96.20 5.30% The average 12-month analyst targets are only targets for the share price however, and each of these stocks are expected to pay dividends during that holding period \u2014 so the expected total return if these stocks reach their analyst targets is actually the share price upside seen by the analysts plus the dividend yield shareholders can expect. To ballpark that total return potential, we have added the current yield to the analyst target price upside, in order to arrive at the 12-month total return potential: STOCK DIVIDEND YIELD % UPSIDE TO ANALYST TARGET IMPLIED TOTAL RETURN POTENTIAL NextEra Energy Inc (Symbol: NEE) 2.98% 14.00% 16.98% Brown & Brown Inc (Symbol: BRO) 0.72% 8.39% 9.11% Berkley Corp (Symbol: WRB) 0.62% 6.47% 7.09% Automatic Data Processing Inc. (Symbol: ADP) 2.37% 6.19% 8.56% Church & Dwight Co Inc (Symbol: CHD) 1.19% 5.30% 6.49% Another consideration with dividend growth stocks is just how much the dividend is growing. We looked up the trailing twelve months worth of dividends shareholders of each of the above five companies have collected, and then also looked up the same number for the prior trailing twelve months. This gives us a rough yardstick to see how much the dividend has grown, from one trailing twelve month period to another. STOCK PRIOR TTM DIVIDEND TTM DIVIDEND % GROWTH NextEra Energy Inc (Symbol: NEE) $1.7 $1.872 10.12% Brown & Brown Inc (Symbol: BRO) $0.424 $0.475 12.03% Berkley Corp (Symbol: WRB) $0.786666666666667 $1.42 80.51% Automatic Data Processing Inc. (Symbol: ADP) $4.37 $5.15 17.85% Church & Dwight Co Inc (Symbol: CHD) $1.052 $1.092 3.80% These five stocks are part of our full Dividend Aristocrats List. The average analyst target price data upon which this article was based, is courtesy of data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on ADP \u2014 FREE Get the latest Zacks research report on CHD \u2014 FREE Dividend Growth Stocks: 25 Aristocrats \u00bb Also see: \u0095 Funds Holding LAZR \u0095 Funds Holding LYG \u0095 ETFs Holding APEI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.""]" ADP,2023-12-14,240.19,240.22,235.29,235.97, ADP,2023-12-15,235.89,237.18,233.69,234.14, ADP,2023-12-18,236.34,236.48,233.986,234.85, ADP,2023-12-19,234.96,235.85,233.395,233.7, ADP,2023-12-20,233.51,235.46,232.01,232.23, ADP,2023-12-21,232.0,232.0,227.12,228.99, ADP,2023-12-22,228.99,231.63,228.5,230.97, ADP,2023-12-26,231.59,233.02,230.38,232.54, ADP,2023-12-27,231.89,232.75,230.96,231.61, ADP,2023-12-28,232.12,233.37,231.38,232.49, ADP,2023-12-29,232.43,233.435,231.855,232.97, ADP,2024-01-02,233.38,233.85,231.89,233.42, ADP,2024-01-03,233.63,234.22,231.67,232.51, ADP,2024-01-04,233.99,235.35,233.41,233.66, ADP,2024-01-05,232.64,235.43,232.45,235.21, ADP,2024-01-08,235.55,237.16,234.94,236.76, ADP,2024-01-09,235.0,236.99,234.725,235.22, ADP,2024-01-10,234.96,236.12,234.435,235.29, ADP,2024-01-11,235.35,235.8,232.35,235.34, ADP,2024-01-12,236.65,237.4,234.06,235.95, ADP,2024-01-16,235.13,235.89,233.29,235.28, ADP,2024-01-17,236.14,237.26,234.447,235.39, ADP,2024-01-18,235.06,236.68,234.16,236.08, ADP,2024-01-19,236.7,239.22,234.64,238.24, ADP,2024-01-22,238.08,240.26,237.92,239.4, ADP,2024-01-23,239.4,240.5,238.43,240.36, ADP,2024-01-24,241.41,241.59,238.175,238.44, ADP,2024-01-25,239.24,240.75,236.26,236.72, ADP,2024-01-26,237.76,237.76,235.495,236.1, ADP,2024-01-29,234.44,237.71,234.38,237.71, ADP,2024-01-30,235.93,238.84,235.11,238.59, ADP,2024-01-31,246.41,251.22,244.0,245.78, ADP,2024-02-01,245.0,247.25,241.97,247.08, ADP,2024-02-02,247.58,249.83,246.73,248.81, ADP,2024-02-05,248.59,248.84,246.09,248.28, ADP,2024-02-06,249.4,251.8,248.52,250.81, ADP,2024-02-07,251.83,252.37,249.7,250.27, ADP,2024-02-08,249.99,251.19,248.395,251.08, ADP,2024-02-09,250.89,251.0,248.87,249.99, ADP,2024-02-12,249.75,250.78,249.395,250.07, ADP,2024-02-13,250.45,250.5,247.87,249.59, ADP,2024-02-14,250.1,251.26,249.06,250.9, ADP,2024-02-15,251.6,252.82,251.13,252.05, ADP,2024-02-16,251.75,254.355,250.635,252.97, ADP,2024-02-20,253.4,254.52,252.54,252.94, ADP,2024-02-21,253.56,254.02,251.53,253.92, ADP,2024-02-22,254.07,255.75,253.51,254.76, ADP,2024-02-23,255.24,256.205,254.96,255.87, ADP,2024-02-26,256.57,256.57,253.48,253.55, ADP,2024-02-27,253.15,253.3,250.21,251.31, ADP,2024-02-28,250.56,251.91,250.15,251.56, ADP,2024-02-29,253.7,253.81,250.16,251.13, ADP,2024-03-01,249.43,250.18,248.325,249.69, ADP,2024-03-04,247.01,249.425,243.8,246.2, ADP,2024-03-05,246.35,246.655,242.575,244.0, ADP,2024-03-06,244.96,246.28,243.08,243.76, ADP,2024-03-07,243.76,245.97,243.25,244.25, ADP,2024-03-08,243.9,244.31,241.475,242.4, ADP,2024-03-11,243.23,244.53,241.7,244.09, ADP,2024-03-12,244.09,245.66,242.61,244.67, ADP,2024-03-13,244.67,245.26,243.07,244.21, ADP,2024-03-14,244.71,244.99,242.23,243.25, ADP,2024-03-15,242.98,243.83,238.83,242.09, ADP,2024-03-18,243.61,244.28,241.68,241.85, ADP,2024-03-19,242.57,244.315,241.285,244.13, ADP,2024-03-20,245.01,247.87,244.115,247.72, ADP,2024-03-21,248.47,250.525,247.42,248.95, ADP,2024-03-22,251.23,251.23,246.96,247.61, ADP,2024-03-25,247.42,247.745,244.05,244.2, ADP,2024-03-26,243.56,245.25,243.395,245.07, ADP,2024-03-27,246.95,249.43,246.884,248.33, ADP,2024-03-28,249.63,251.06,249.03,249.74, ADP,2024-04-01,250.38,250.61,245.015,245.31, ADP,2024-04-02,240.11,248.725,239.72,247.66, ADP,2024-04-03,247.82,248.41,244.74,245.13, ADP,2024-04-04,247.57,247.62,241.4,241.49, ADP,2024-04-05,241.95,245.92,241.273,244.85, ADP,2024-04-08,244.37,247.0,244.27,246.64, ADP,2024-04-09,248.3,250.1,246.59,250.01, ADP,2024-04-10,248.335,248.79,244.33,245.79, ADP,2024-04-11,246.53,246.77,242.965,244.42, ADP,2024-04-12,242.93,244.195,242.19,243.85, ADP,2024-04-15,247.08,247.32,243.12,244.08, ADP,2024-04-16,245.01,245.53,243.43,244.21, ADP,2024-04-17,245.08,245.08,242.03,242.9, ADP,2024-04-18,244.5,245.0,241.665,241.99, ADP,2024-04-19,243.81,244.28,242.45,243.31, ADP,2024-04-22,245.1,247.58,243.92,246.31, ADP,2024-04-23,246.76,248.09,245.93,246.84, ADP,2024-04-24,244.64,246.86,244.32,246.61, ADP,2024-04-25,249.57,250.3,244.405,246.34, ADP,2024-04-26,244.1,246.71,242.96,243.07, ADP,2024-04-29,244.05,244.95,243.18,243.95, ADP,2024-04-30,244.19,244.49,241.81,241.89, ADP,2024-05-01,249.69,253.715,244.52,247.33, ADP,2024-05-02,246.01,246.955,241.03,242.03, ADP,2024-05-03,243.02,243.67,239.32,241.89, ADP,2024-05-06,242.28,243.7,241.095,242.74, ADP,2024-05-07,243.06,245.23,242.1,245.12, ADP,2024-05-08,245.05,245.05,241.18,242.94, ADP,2024-05-09,243.84,245.435,242.79,245.145, ADP,2024-05-10,245.48,247.21,245.06,246.86, ADP,2024-05-13,247.5,249.82,246.77,247.8, ADP,2024-05-14,249.08,249.42,244.5,245.5, ADP,2024-05-15,246.46,248.25,245.995,246.62, ADP,2024-05-16,246.36,250.27,246.03,250.06, ADP,2024-05-17,250.06,252.39,249.24,252.33, ADP,2024-05-20,252.44,252.66,250.585,251.78, ADP,2024-05-21,253.0,253.0,251.1,252.14, ADP,2024-05-22,252.3,254.64,251.705,254.02, ADP,2024-05-23,254.36,254.36,251.06,251.49, ADP,2024-05-24,251.6,252.99,248.34,248.9, ADP,2024-05-28,248.3,248.46,241.91,243.3, ADP,2024-05-29,241.43,242.73,239.615,240.09, ADP,2024-05-30,240.67,241.79,239.52,240.91, ADP,2024-05-31,241.52,245.02,240.52,244.92, ADP,2024-06-03,244.17,245.53,242.05,244.02, ADP,2024-06-04,244.52,247.46,243.93,245.67, ADP,2024-06-05,245.14,246.91,243.36,245.78, ADP,2024-06-06,246.31,249.535,246.225,247.97, ADP,2024-06-07,248.89,253.1,247.94,252.32, ADP,2024-06-10,251.28,252.19,243.69,246.87, ADP,2024-06-11,246.81,247.93,243.72,246.58, ADP,2024-06-12,245.96,246.905,244.04,246.13, ADP,2024-06-13,244.27,246.04,242.62,244.24, ADP,2024-06-14,242.98,243.645,240.93,242.62, ADP,2024-06-17,240.82,245.96,240.04,244.96, ADP,2024-06-18,245.14,245.55,243.51,244.41, ADP,2024-06-20,244.76,246.912,243.91,246.02, ADP,2024-06-21,246.92,248.47,246.48,247.98, ADP,2024-06-24,248.26,250.75,247.17,249.25, ADP,2024-06-25,250.38,250.38,246.44,248.46, ADP,2024-06-26,246.61,247.68,237.21,238.02, ADP,2024-06-27,237.87,239.29,236.24,237.3, ADP,2024-06-28,238.26,241.14,237.47,238.69, ADP,2024-07-01,239.3,241.41,235.08,235.67, ADP,2024-07-02,236.6,236.88,234.0,236.63, ADP,2024-07-03,235.95,237.57,234.725,236.91, ADP,2024-07-05,235.74,236.52,233.75,235.51, ADP,2024-07-08,235.48,236.43,233.02,233.44, ADP,2024-07-09,233.12,235.0,232.9,234.71, ADP,2024-07-10,233.85,234.32,231.27,234.15, ADP,2024-07-11,233.89,238.22,233.14,235.63, ADP,2024-07-12,236.28,239.47,235.99,238.07, ADP,2024-07-15,238.19,242.67,238.19,242.64, ADP,2024-07-16,243.09,246.57,242.76,245.78, ADP,2024-07-17,246.79,250.03,246.79,249.24, ADP,2024-07-18,248.21,251.78,247.11,247.4, ADP,2024-07-19,248.23,248.87,244.65,246.97, ADP,2024-07-22,249.17,249.17,245.928,247.99, ADP,2024-07-23,246.92,248.85,246.005,248.35, ADP,2024-07-24,249.66,249.66,245.795,247.1, ADP,2024-07-25,249.06,254.35,247.98,249.58, ADP,2024-07-26,249.57,253.46,249.49,252.66, ADP,2024-07-29,254.5,256.13,252.63,255.21, ADP,2024-07-30,256.14,258.75,255.97,257.6, ADP,2024-07-31,260.11,269.49,259.0,262.62, ADP,2024-08-01,260.38,263.64,258.79,261.26, ADP,2024-08-02,262.0,263.95,259.47,263.5, ADP,2024-08-05,267.45,268.33,256.62,258.14, ADP,2024-08-06,257.157,262.99,256.47,259.44, ADP,2024-08-07,259.33,265.21,258.66,258.91, ADP,2024-08-08,258.51,263.37,258.51,262.79, ADP,2024-08-09,261.57,262.51,259.93,262.18, ADP,2024-08-12,260.98,261.735,258.63,259.12, ADP,2024-08-13,259.77,262.02,259.08,261.91, ADP,2024-08-14,260.91,263.39,260.36,262.82, ADP,2024-08-15,263.5,264.67,261.86,263.67, ADP,2024-08-16,263.69,264.53,262.21,264.09, ADP,2024-08-19,264.63,265.883,262.88,264.65, ADP,2024-08-20,263.87,265.0,263.42,264.54, ADP,2024-08-21,265.79,268.11,264.73,267.85, ADP,2024-08-22,268.93,269.57,267.25,269.57, ADP,2024-08-23,270.6,270.99,268.195,269.6, ADP,2024-08-26,270.55,271.865,270.108,271.41, ADP,2024-08-27,271.28,275.1,270.75,274.68, ADP,2024-08-28,275.79,276.77,271.81,272.68, ADP,2024-08-29,274.54,275.27,271.68,273.36, ADP,2024-08-30,273.87,276.74,272.3,275.91, ADP,2024-09-03,273.0,278.02,273.0,275.61, ADP,2024-09-04,276.0,278.245,273.675,275.22, ADP,2024-09-05,274.8,274.94,269.02,270.2, ADP,2024-09-06,271.04,271.49,267.79,269.56, ADP,2024-09-09,269.92,276.13,269.92,275.59, ADP,2024-09-10,277.05,279.58,275.83,279.26, ADP,2024-09-11,277.31,277.85,270.71,277.49, ADP,2024-09-12,277.58,279.01,274.11,278.46, ADP,2024-09-13,277.995,278.68,275.83,277.51, ADP,2024-09-16,279.03,279.78,276.97,278.6, ADP,2024-09-17,278.07,281.54,278.07,279.41, ADP,2024-09-18,279.45,281.14,275.43,275.83, ADP,2024-09-19,279.43,279.71,276.51,277.69, ADP,2024-09-20,276.78,278.005,274.39,276.41, ADP,2024-09-23,276.88,277.84,275.325,277.58, ADP,2024-09-24,277.46,277.96,275.0,276.65, ADP,2024-09-25,276.36,276.99,274.96,275.25, ADP,2024-09-26,275.92,276.76,273.63,274.35, ADP,2024-09-27,274.8,276.21,272.71,272.88, ADP,2024-09-30,273.51,277.04,272.18,276.76, ADP,2024-10-01,278.18,281.18,273.45,280.15, ADP,2024-10-02,280.08,283.76,278.74,283.55, ADP,2024-10-03,282.79,285.67,282.15,284.62, ADP,2024-10-04,285.7,286.3,282.665,285.16, ADP,2024-10-07,283.56,284.92,281.27,282.22, ADP,2024-10-08,283.05,286.11,281.99,285.42, ADP,2024-10-09,285.0,288.3,284.59,287.77, ADP,2024-10-10,287.5,287.59,285.72,286.93, ADP,2024-10-11,286.94,288.5,286.66,288.36, ADP,2024-10-14,288.99,291.77,288.43,291.09, ADP,2024-10-15,291.7,294.14,289.89,290.04, ADP,2024-10-16,289.11,291.16,287.79,290.7, ADP,2024-10-17,292.04,292.83,289.989,291.96, ADP,2024-10-18,292.57,292.76,290.24,292.29, ADP,2024-10-21,291.73,291.99,289.175,290.91, ADP,2024-10-22,290.15,291.78,288.415,291.34, ADP,2024-10-23,290.3,292.435,290.04,290.04, ADP,2024-10-24,290.35,291.24,288.76,289.43, ADP,2024-10-25,290.37,290.85,287.6,287.96, ADP,2024-10-28,288.51,288.51,286.035,286.44, ADP,2024-10-29,285.44,289.66,284.44,287.95, ADP,2024-10-30,286.2,292.87,285.595,292.78, ADP,2024-10-31,291.51,292.54,288.94,289.24, ADP,2024-11-01,288.01,289.37,285.99,288.18, ADP,2024-11-04,290.0,292.25,289.005,289.86, ADP,2024-11-05,289.58,291.71,288.44,291.18, ADP,2024-11-06,299.59,306.71,296.74,305.11, ADP,2024-11-07,305.0,306.19,303.049,304.85, ADP,2024-11-08,305.66,306.92,304.125,304.69, ADP,2024-11-11,305.78,308.54,305.48,306.72, ADP,2024-11-12,307.36,309.215,306.83,307.91, ADP,2024-11-13,306.7,309.37,306.67,307.49, ADP,2024-11-14,307.11,307.72,301.4,301.99, ADP,2024-11-15,301.93,301.954,297.07,297.64, ADP,2024-11-18,297.64,299.84,296.95,297.89, ADP,2024-11-19,296.38,299.09,295.64,297.54, ADP,2024-11-20,296.48,300.62,295.15,298.59, ADP,2024-11-21,300.0,304.96,299.26,304.57, ADP,2024-11-22,305.04,308.02,304.31,305.15, ADP,2024-11-25,305.31,305.96,301.67,304.665, ADP,2024-11-26,305.6,308.31,305.01,307.97, ADP,2024-11-27,309.62,309.63,306.73,306.92, ADP,2024-11-29,306.73,307.93,306.26,306.905, ADP,2024-12-02,307.67,307.67,304.55,306.03, ADP,2024-12-03,306.22,307.73,302.12,303.57, ADP,2024-12-04,304.5,305.6,302.21,303.49, ADP,2024-12-05,303.2,303.26,300.02,301.8, ADP,2024-12-06,301.46,305.61,301.46,304.655, ADP,2024-12-09,303.94,304.75,295.615,297.56, ADP,2025-01-27,294.7,301.08,294.7,300.15, ADP,2025-01-28,299.96,302.55,295.67,298.31, ADP,2025-01-29,304.14,311.671,300.42,300.57, ADP,2025-01-30,303.52,307.84,301.04,303.26, ADP,2025-01-31,301.79,305.1,301.18,303.01, ADP,2025-02-03,303.56,307.94,302.715,307.32, ADP,2025-02-04,304.14,305.625,302.997,304.67, ADP,2025-02-05,305.63,308.2,303.92,308.15, ADP,2025-02-06,309.0,310.26,307.508,308.97, ADP,2025-02-07,310.32,310.37,305.82,305.97, ADP,2025-02-10,308.24,308.36,306.475,306.93, ADP,2025-02-11,307.56,307.56,304.372,305.78, ADP,2025-02-12,304.14,306.75,302.814,306.65, ADP,2025-02-13,306.0,310.58,305.0,310.22, ADP,2025-02-14,310.0,311.59,308.13,308.15, ADP,2025-02-18,310.28,311.47,307.775,309.95, ADP,2025-02-19,310.7,313.72,309.5,313.22, ADP,2025-02-20,311.97,312.89,309.76,311.97, ADP,2025-02-21,311.78,312.36,307.32,310.76, ADP,2025-02-24,311.2,314.06,310.12,312.191, ADP,2025-02-25,312.5,314.7,310.44,313.37, ADP,2025-02-26,312.74,315.293,311.035,311.38, ADP,2025-02-27,311.98,314.115,310.24,311.3, ADP,2025-02-28,314.69,316.46,311.175,315.19, ADP,2025-03-03,316.01,320.5,315.7,318.64, ADP,2025-03-04,322.84,322.84,308.0,313.486, ADP,2025-03-05,311.38,313.9,309.39,310.43, ADP,2025-03-06,302.44,302.44,301.08,302.44, ADP,2025-03-07,302.49,307.29,302.49,306.45, ADP,2025-03-10,306.2,309.34,301.575,302.96, ADP,2025-03-11,304.11,304.475,292.03,292.37, ADP,2025-03-12,293.085,294.78,290.31,294.18, ADP,2025-03-13,294.13,294.13,289.45,290.55, ADP,2025-03-14,289.2,292.56,289.2,291.65, ADP,2025-03-17,292.08,297.9,291.22,296.58, ADP,2025-03-18,295.85,296.478,293.0,295.93, ADP,2025-03-19,295.93,300.27,295.93,298.79, ADP,2025-03-20,295.135,299.81,295.11,297.51, ADP,2025-03-21,295.16,295.66,292.73,295.27, ADP,2025-03-24,297.53,300.23,296.98,298.89, ADP,2025-03-25,298.57,300.03,297.51,299.38, ADP,2025-03-26,300.42,307.14,298.87,302.41, ADP,2025-03-27,301.29,306.25,301.29,305.43, ADP,2025-03-28,306.3,308.89,300.655,300.83, ADP,2025-03-31,301.25,306.325,300.935,305.53, ADP,2025-04-01,305.38,307.375,303.59,306.54, ADP,2025-04-02,304.93,307.97,304.26,307.23, ADP,2025-04-03,304.1,309.5,304.1,305.48, ADP,2025-04-04,286.045,286.045,285.9,286.045, ADP,2025-04-07,284.09,288.3,272.98,281.22, ADP,2025-04-08,282.8,286.09,273.54,276.76, ADP,2025-04-09,275.16,295.69,273.81,294.5, ADP,2025-04-10,294.0,295.49,285.14,292.275, ADP,2025-04-11,293.07,301.39,290.295,299.54, ADP,2025-04-14,299.65,304.265,298.72,301.56, ADP,2025-04-15,301.56,302.97,297.8,298.06, ADP,2025-04-16,297.955,299.18,292.255,294.14, ADP,2025-04-17,295.88,296.1,292.96,293.28, ADP,2025-04-21,290.77,293.235,280.34,284.85, ADP,2025-04-22,288.618,295.51,286.92,292.89, ADP,2025-04-23,294.35,297.6,291.73,293.53, ADP,2025-04-24,293.035,294.86,288.96,294.55, ADP,2025-04-25,293.655,294.0,288.92,291.76, ADP,2025-04-28,291.43,294.21,290.4,293.57, ADP,2025-04-29,292.4,296.02,292.37,295.77, ADP,2025-04-30,291.74,301.36,288.34,300.36, ADP,2025-05-01,299.21,300.32,293.725,298.69, ADP,2025-05-02,301.02,305.06,300.085,303.57, ADP,2025-05-05,303.3,305.745,301.45,303.868,"ADP Celebrates National Small Business Week with Advice from Nearly 18,000 Small Business Owners Experts share additional insights to help small businesses navigate complex challenges and HR priorities ROSELAND, N.J., May 5, 2025 /PRNewswire/ -- From the rapid rise of new technologies like generative AI to changing employee expectations and a shifting compliance landscape, small businesses continue to seek opportunities to thrive amid an ever-changing environment. In pursuit of that passion and in honor of National Small Business Week, ADP shares insights gained from nearly 18,000 small businesses across the U.S. as a result of ADP's Grit & Wisdom Contest, which invited small business owners to share their best strategies for success to empower fellow entrepreneurs. ADP experts additionally weigh in with unique perspectives on how to navigate forward. Experience the interactive Multimedia News Release here: https://www.multivu.com/adp/9288851-en-adp-celebrates-national-small-business-week See the top advice small business owners shared Small businesses share their advice: From the nearly 18,000 small businesses that shared their top advice, several key themes emerged for driving small business success: Success is a journey that requires patience and persistence: Small business owners noted how important it is to be open to new ideas, even if those ideas don't work right away. To stay ahead, they stressed the ability to embrace change, be adaptable, learn from mistakes and continuously innovate. The strength of a good team powers growth: Small businesses emphasized that how you treat your employees and the culture you create are powerful tools in inspiring and elevating those around you. They encouraged peers to lead by example and motivate employees to be curious, since it often leads to fresh ideas and improved practices. Small businesses have a distinct mindset: Small business owners know the journey comes with long hours and unexpected challenges. However, sentiment analysis revealed that love and enjoyment were the top emotions expressed in the advice shared. These emotions help sustain owners and translate into stronger customer relationships and team morale, driving long-term business success. ADP talent, compliance and tech experts provide added insight: Get creative with benefits to attract talent: ""For small businesses competing for talent, a comprehensive benefits strategy can help,"" said Tina Wang, division vice president of human resources at ADP. ""There are more options now for small businesses to offer competitive benefits while still managing costs, and benefits can go a long way in making employees feel valued. Focus on high-impact benefits, from medical to retirement benefits, and prioritize education – recent ADP research shows that employees who better understand their benefits are more likely to value and stay with their employer. They're seeing and appreciating the investment their organization is making in them."" Learning and development are catalysts for growth: ""Learning and development are true growth engines for small businesses,"" said Jason Delserro, chief talent acquisition officer at ADP. ""Creating clear pathways for employees to grow within your company is more essential than ever. Focus on critical skills and practical experience—not just formal credentials—and invest in on-the-job learning through training and stretch assignments. Small businesses have a unique edge: the ability to expose employees to multiple areas of the business. Define what you're looking for in a candidate, but also envision how they can evolve with your business in the years ahead."" Stay on top of evolving compliance needs: ""With the compliance landscape continuously changing, it's important for small businesses to monitor for changes,"" said Meryl Gutterman, senior counsel at ADP. ""From minimum wage and salary threshold changes to pay transparency and paid leave laws, there may be federal or state-level changes that require action to remain compliant."" Technology can help enable human potential: ""As technology continues to evolve, small business owners are embracing tools that streamline operations — but not at the expense of human connection,"" said Brooke Hatcher, chief product officer at ADP. ""They want smart, intuitive solutions that save time and reduce complexity, while still giving them access to real experts who understand their needs. It's about creating a support system that combines innovation with personal guidance from trusted advisors, so they can focus on growing their business."" For additional insight and resources, visit adp.com/gritandwisdom. About ADP (NASDAQ: ADP)Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com ADP, the ADP logo, and Always Designing for People, are trademarks of ADP, Inc. All other marks are the property of their respective owners. Copyright © 2025 ADP, Inc. All rights reserved. View original content:https://www.prnewswire.com/news-releases/adp-celebrates-national-small-business-week-with-advice-from-nearly-18-000-small-business-owners-302445910.html SOURCE ADP, Inc." ADP,2025-05-06,303.23,304.19,301.04,303.33,"[""ADP Announces Pricing of its Senior Notes Due 2032 ROSELAND, N.J., May 6, 2025 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global technology company providing comprehensive cloud-based human capital management (HCM) solutions, yesterday announced the pricing of a public offering of $1.0 billion aggregate principal amount of its 4.750% senior notes due 2032. ADP expects to receive the net offering proceeds upon closing on or about May 8, 2025. The intended use of proceeds from the offering is to refinance existing debt, and any remainder for general corporate purposes. ADP has filed a registration statement (including a prospectus and preliminary prospectus supplement) with the Securities and Exchange Commission (\""SEC\"") for the offering to which this communication relates. Before you invest, you should read the base prospectus in that registration statement, the applicable preliminary prospectus supplement and the other documents ADP has filed with the SEC for more complete information about ADP and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, ADP, any underwriter or any dealer participating in the offering will arrange to send investors the prospectus and preliminary prospectus supplement upon request by contacting BofA Securities, Inc. by telephone at 1-800-294-1322 or by email at dg.prospectus_requests@bofa.com, J.P. Morgan Securities LLC by telephone (collect) at (212) 834-4533 or Morgan Stanley & Co. LLC by telephone at (866) 718-1649. This press release does not constitute an offer to sell or a solicitation of an offer to buy the debt securities or any other securities, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering of these securities may be made only by means of the prospectus supplement and the accompanying prospectus. This press release also does not constitute an offer to purchase, a solicitation of an offer to sell, or notice of redemption with respect to any securities of ADP. About ADP (NASDAQ \u2013 ADP)Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Forward-Looking Statements This document and other written or oral statements made from time to time by ADP may contain \""forward-looking statements\"" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature and which may be identified by the use of words like \""outlook,\"" \""expects,\"" \""assumes,\"" \""projects,\"" \""anticipates,\"" \""estimates,\"" \""we believe,\"" \""could,\"" \""is designed to\"" and other words of similar meaning, are forward-looking statements. These statements are based on management's expectations and assumptions and depend upon or refer to future events or conditions and are subject to risks and uncertainties that may cause actual results to differ materially from those expressed. Forward-looking statements are subject to inherent risks and uncertainties. Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements or that could contribute to such difference include: ADP's success in obtaining and retaining clients, and selling additional services to clients; the pricing of products and services; the success of our new solutions; our ability to respond successfully to changes in technology, including artificial intelligence; compliance with existing or new legislation or regulations; changes in, or interpretations of, existing legislation or regulations; overall market, political and economic conditions, including interest rate and foreign currency trends and inflation; competitive conditions; our ability to maintain our current credit ratings and the impact on our funding costs and profitability; security or cyber breaches, fraudulent acts, and system interruptions and failures; employment and wage levels; availability of skilled associates; the impact of new acquisitions and divestitures; the adequacy, effectiveness and success of our business transformation initiatives; the impact of any uncertainties related to major natural disasters or catastrophic events; and supply-chain disruptions. The factors identified above are not exhaustive. ADP disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. These risks and uncertainties, along with the risk factors discussed under \""Item 1A. - Risk Factors\"" in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and in other written or oral statements made from time to time by ADP, should be considered in evaluating any forward-looking statements contained herein. ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc. All other marks are the property of their respective owners. Copyright \u00a9 2025 ADP, Inc. All rights reserved. ADP-Media Contact: Allyce Hackmann201.400.4583Allyce.Hackmann@adp.com ADP-Investor Relations Contact:ADP Investor RelationsMatthew Keating, CFA973.974.3037Matthew.Keating@adp.com View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-announces-pricing-of-its-senior-notes-due-2032-302447362.html SOURCE ADP - IR"", ""Implied Volatility Surging for Automatic Data Processing Stock Options Investors in Automatic Data Processing, Inc. ADP need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 20, 2025 $150 Call had some of the highest implied volatility of all equity options today. Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Clearly, options traders are pricing in a big move for Automatic Data Processing shares, but what is the fundamental picture for the company? Currently, Automatic Data Processing is a Zacks Rank #2 (Buy) in the Internet - Software industry that ranks in the Top 34% of our Zacks Industry Rank. Over the last 30 days, no analysts have increased their earnings estimates for the current quarter, while five analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $2.29 per share to $2.23 in that period.Given the way analysts feel about Automatic Data Processing right now, this huge implied volatility could mean there\u2019s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk.Click to see the trades now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research""]" ADP,2025-05-07,303.41,306.2,302.38,305.18, ADP,2025-05-08,306.9,309.67,305.21,307.09, ADP,2025-05-09,306.88,308.71,305.82,307.72,"ADP to Present at Upcoming Investor Conference ROSELAND, N.J., May 9, 2025 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced that members of its management team will present at the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 13th, 2025. Links to the live webcast and archived replay of the event will be available on ADP's website at investors.adp.com. About ADP (Nasdaq: ADP) Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com. ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc. Copyright © 2025 ADP, Inc. All rights reserved. ADP - Investor Relations Investor Relations Contacts:Matthew Keating, CFA973.974.3037Matthew.Keating@adp.com Rebecca Koar203.882.7313Rebecca.Koar@adp.com ADP - Media Media Contact:Allyce Hackmann201.400.4583Allyce.Hackmann@adp.com View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-to-present-at-upcoming-investor-conference-302448761.html SOURCE ADP - IR" ADP,2025-05-12,309.38,309.38,305.21,309.38, ADP,2025-05-13,310.085,310.86,308.18,308.19, ADP,2025-05-14,306.675,309.98,305.585,309.41,"[""Jim Cramer on Automatic Data Processing (ADP): \u201cIs ADP a Head Fake or the Real Small Biz Signal?\u201d We recently published a list of Jim Cramer Reveals The \u2018North Star\u2019 Of Investing & Discusses These 10 Stocks. In this article, we are going to take a look at where Automatic Data Processing, Inc. (NASDAQ:ADP) stands against other stocks that Jim Cramer recently discussed. In a recent appearance on CNBC\u2019s Squawk on the Street, Jim Cramer discussed recent employment data which covered nonfarm payrolls, the unemployment rate, and other details. The figures revealed that nonfarm payrolls grew by 177,000 in April which handily beat economists\u2019 forecast of 133,000. Additionally, despite worries about a growth slowdown, recessionary fears, and high interest rates, April\u2019s unemployment rate sat unchanged at 4.2%. Cramer gushed about the data and shared that it was the only data that mattered when it came to considering whether there would be a recession. He commented: While the CNBC host admitted that some regions of the economy were weak, he nevertheless remained optimistic: Another theme that Cramer has discussed quite a lot in his morning show this year is the rally in the European stock market. In an April appearance, he remarked \u201cI think a lot of people say you know what, I keep sending money over there, and I win. So I\u2019m gonna keep sending money over there. Those economies are being juiced by a wartime. . you know they\u2019re spending a lot.\u201d This time around, he pointed out that the US was back. \u201cYou know everyone\u2019s still talking about the big European rally, said Cramer. He added: \u201cHello? It\u2019s been a US rally! Let\u2019s stop it already. That European rally it occurred, dynamite, I\u2019m going over to Europe, I\u2019ll check it out myself.\u201d Cramer then continued to gush about the jobs report. In fact, he called the reports the North Star of investing: To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC\u2019s Squawk on the Street aired on May 2nd. For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter\u2019s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Number of Hedge Fund Holders In Q4 2024: 57 Automatic Data Processing, Inc. (NASDAQ:ADP) is a business services provider that allows firms to make payments, manage human resources, and conduct other operations. Its shares have gained 6% year-to-date as the firm has benefited from beating analyst revenue estimates despite overall souring business sentiment. Cramer commented on the firm in the context of GoDaddy\u2019s recent results: Overall, ADP ranks 1st on our list of stocks that Jim Cramer recently discussed. While we acknowledge the potential of ADP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ADP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey."", ""ADP Q1 Earnings Call: Management Discusses International Bookings, New Products, and CFO Transition Payroll and HR services provider Automatic Data Processing (NASDAQ:ADP) reported Q1 CY2025 results beating Wall Street\u2019s revenue expectations , with sales up 5.7% year on year to $5.55 billion. Its non-GAAP profit of $3.06 per share was 2.9% above analysts\u2019 consensus estimates. Is now the time to buy ADP? Find out in our full research report (it\u2019s free). Revenue: $5.55 billion vs analyst estimates of $5.51 billion (5.7% year-on-year growth, 0.8% beat) Adjusted EPS: $3.06 vs analyst estimates of $2.97 (2.9% beat) Adjusted EBITDA: $1.76 billion vs analyst estimates of $1.73 billion (31.6% margin, 1.2% beat) Operating Margin: 29.4%, in line with the same quarter last year Free Cash Flow Margin: 25%, similar to the same quarter last year Worksite Employees: 751,000, up 25,000 year on year Market Capitalization: $125.1 billion Automatic Data Processing\u2019s first quarter results reflected contributions from new business bookings in its core U.S. payroll and HR offerings, ongoing demand for compliance solutions, and continued growth in its Professional Employer Organization (PEO) segment. CEO Maria Black highlighted that U.S. client retention remained strong and enterprise clients showed increased interest in the Lyric HCM platform, while international bookings softened due to macroeconomic uncertainty, particularly with larger, multi-country deals. Looking ahead, management emphasized the resilience of ADP\u2019s business model in uncertain economic environments, citing pipelines that support continued growth across segments. Outgoing CFO Don McGuire noted, \""Our business is well insulated,\"" and pointed to the company\u2019s ability to adapt hiring and investment plans if macro conditions deteriorate. Management also previewed upcoming Investor Day disclosures on product innovation and reaffirmed a focus on integrating recent acquisitions and scaling embedded payroll partnerships. Management attributed the quarter\u2019s operating performance to new business momentum in the U.S., strong client retention, and targeted product investments, while also acknowledging international sales headwinds. Forward-looking commentary focused on continued product integration and new market initiatives. CFO Transition Announced: Don McGuire is retiring as CFO, with Peter Hadley, the current Treasurer, set to assume the CFO role. Management described this as an orderly succession with no change to strategic direction expected. U.S. New Business Bookings: Solid growth in new bookings for small business, mid-market, and enterprise offerings, especially compliance solutions, contributed to revenue expansion. Management highlighted positive feedback from clients and stable pays per control (PPC) growth. International Softness: Bookings in international markets were softer, which management attributed to macroeconomic uncertainty and the lumpy nature of large multi-country deals. However, pipelines remain strong and are expected to support future growth. PEO and Retention Strength: PEO segment revenue benefited from higher average wages and strong client retention. Management emphasized the value of ADP\u2019s fully insured PEO model, noting it offered stability in volatile benefits markets. Product and Partner Integration: The integration of Workforce Software with ADP\u2019s HCM platforms is progressing, with early wins in enterprise clients. The embedded payroll partnership with Fiserv is on track, with full integration expected to expand addressable markets and drive incremental growth. Management expects near-term performance to be shaped by resilient demand in core U.S. segments and product innovation, while monitoring macroeconomic conditions, particularly in international markets. Margin trends will reflect ongoing investments in integration and technology. Pipeline and Product Innovation: Active pipelines in enterprise and mid-market, along with the rollout of Lyric HCM and generative AI features, are expected to drive bookings and support future revenue growth. Embedded Payroll Initiatives: Expansion of embedded payroll solutions, especially through Fiserv and potential new partners, is positioned to increase distribution and addressable market size, although full revenue impact will depend on the pace of integration. Macroeconomic and Retention Risks: Management cited global macro uncertainty as a risk to international bookings and large enterprise deal closures. However, strong client satisfaction and retention in core segments are expected to partially mitigate these risks. Ramsey El-Assal (Barclays): Asked for more detail on international bookings softness; management attributed it to macro uncertainty and the lumpy nature of large deals but reaffirmed confidence in pipeline strength. Dan Dolev (Mizuho): Questioned whether client concerns were resulting in reduced hiring or simply caution; CFO Don McGuire responded that the client base remained stable, with no major pullback in hiring observed. Mark Marcon (Baird): Inquired about PEO demand and integration of Workforce Software; management reported solid PEO bookings and emphasized early success in integrating Workforce Software with positive client response. Tien-tsin Huang (JPMorgan): Sought clarity on Employer Services revenue trends and PEI Mexico acquisition; management explained Q3\u2019s revenue dynamics and noted the PEI deal\u2019s local focus with potential for broader Latin American expansion. Ashish Sabadra (RBC): Asked about progress in generative AI deployment; CEO Maria Black highlighted ongoing rollout of ADP Assist and other generative AI tools, describing it as early stage but central to future product strategy. In the coming quarters, StockStory analysts will closely track (1) the pace of international bookings recovery, especially for large, multi-country deals, (2) the rollout and client adoption of the Lyric HCM platform and generative AI features, and (3) the integration and market impact of embedded payroll partnerships like Fiserv. Progress in these areas will be key to evaluating whether ADP can maintain its growth trajectory amid external uncertainties. ADP currently trades at a forward P/E ratio of 29.1\u00d7. In the wake of earnings, is it a buy or sell? See for yourself in our free research report. Donald Trump\u2019s victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.""]" ADP,2025-05-15,309.96,315.95,309.96,315.85,"[""ADP to Host 2025 Investor Day ROSELAND, N.J., May 15, 2025 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, will host an Investor Day on Thursday, June 12, 2025 at 9:00 a.m. ET. During Investor Day, members of the ADP senior management team will discuss the company's strategic priorities and financial outlook. Interested parties can register for the event at investors.adp.com/events-and-presentations, where a live webcast and presentation materials will be made available. After the conclusion of the event, a webcast replay will be available at investors.adp.com. About ADP (Nasdaq: ADP) Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com. ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc. Copyright \u00a9 2025 ADP, Inc. All rights reserved. ADP - Investor Relations Investor Relations Contacts:Matthew Keating, CFA973.974.3037Matthew.Keating@adp.com Rebecca Koar203.882.7313Rebecca.Koar@adp.com ADP - Media Media Contact:Allyce Hackmann201.400.4583Allyce.Hackmann@adp.com View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-to-host-2025-investor-day-302453996.html SOURCE ADP - IR"", ""Data & Business Process Services Stocks Q1 In Review: ADP (NASDAQ:ADP) Vs Peers Quarterly earnings results are a good time to check in on a company\u2019s progress, especially compared to its peers in the same sector. Today we are looking at ADP (NASDAQ:ADP) and the best and worst performers in the data & business process services industry. A combination of increasing reliance on data and analytics across various industries and the desire for cost efficiency through outsourcing could mean that companies in this space gain. As functions such as payroll, HR, and credit risk assessment rely on more digitization, key players in the data & business process services industry could be increased demand. On the other hand, the sector faces headwinds from growing regulatory scrutiny on data privacy and security, with laws like GDPR and evolving U.S. regulations potentially limiting data collection and monetization strategies. Additionally, rising cyber threats pose risks to firms handling sensitive personal and financial information, creating outsized headline risk when things go wrong in this area. The 10 data & business process services stocks we track reported a mixed Q1. As a group, revenues beat analysts\u2019 consensus estimates by 0.7% while next quarter\u2019s revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 5.4% on average since the latest earnings results. Processing one out of every six paychecks in the United States, ADP (NASDAQ:ADP) provides cloud-based human capital management solutions that help businesses manage payroll, benefits, talent acquisition, and HR administration. ADP reported revenues of $5.55 billion, up 5.7% year on year. This print exceeded analysts\u2019 expectations by 0.8%. Overall, it was a satisfactory quarter for the company with a decent beat of analysts\u2019 EPS estimates. Interestingly, the stock is up 4.2% since reporting and currently trades at $308.10. Is now the time to buy ADP? Access our full analysis of the earnings results here, it\u2019s free. Powering billions of critical customer interactions annually, CSG Systems (NASDAQ:CSGS) provides cloud-based software platforms that help companies manage customer interactions, process payments, and monetize their services. CSG reported revenues of $299.5 million, up 1.5% year on year, outperforming analysts\u2019 expectations by 1.4%. The business had an exceptional quarter with full-year revenue guidance exceeding analysts\u2019 expectations and an impressive beat of analysts\u2019 EPS estimates. CSG scored the highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 6% since reporting. It currently trades at $65. Is now the time to buy CSG? Access our full analysis of the earnings results here, it\u2019s free. Processing over $10 trillion in equity and fixed income trades daily and managing proxy voting for over 800 million equity positions, Broadridge Financial Solutions (NYSE:BR) provides technology-driven solutions that power investing, governance, and communications for banks, broker-dealers, asset managers, and public companies. Broadridge reported revenues of $1.81 billion, up 4.9% year on year, falling short of analysts\u2019 expectations by 2.5%. It was a slower quarter, leaving some shareholders looking for more. Broadridge delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 1.9% since the results and currently trades at $237.49. Read our full analysis of Broadridge\u2019s results here. One of the three major credit bureaus in the United States alongside Equifax and Experian, TransUnion (NYSE:TRU) is a global information and insights company that provides credit reports, fraud prevention tools, and data analytics to help businesses make decisions and consumers manage their financial health. TransUnion reported revenues of $1.10 billion, up 7.3% year on year. This print beat analysts\u2019 expectations by 2.3%. Taking a step back, it was a slower quarter as it logged a miss of analysts\u2019 full-year EPS guidance estimates. TransUnion pulled off the biggest analyst estimates beat among its peers. The stock is up 17.3% since reporting and currently trades at $90.63. Read our full, actionable report on TransUnion here, it\u2019s free. With a research department that makes over 10,000 property updates daily to its 35-year-old database, CoStar Group (NASDAQ:CSGP) provides comprehensive real estate data, analytics, and online marketplaces for commercial and residential properties in the U.S. and U.K. CoStar reported revenues of $732.2 million, up 11.5% year on year. This number met analysts\u2019 expectations. Overall, it was a strong quarter as it also recorded a solid beat of analysts\u2019 EPS estimates and revenue guidance for next quarter meeting analysts\u2019 expectations. CoStar had the weakest full-year guidance update among its peers. The stock is down 7.1% since reporting and currently trades at $76.74. Read our full, actionable report on CoStar here, it\u2019s free. The Fed\u2019s interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump\u2019s presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.""]" ADP,2025-05-16,315.71,319.5,314.39,319.37, ADP,2025-05-19,318.72,323.17,317.37,322.96,"New initiative delivers CPR education through ADP Mobile Solutions app to build Nation of Lifesavers™ ADP supports American Heart Association goal to prepare more workers to respond to cardiac emergencies DALLAS and ROSELAND, N.J., May 19, 2025 /PRNewswire/ -- With more than 10,000 cardiac arrests occurring annually in U.S. workplaces1, ADP, a global technology company providing human capital management (HCM) solutions, is supporting the American Heart Association to expand CPR education across the workforce. By integrating information about Hands-Only CPR training into the ADP Mobile Solutions app, the organizations are helping millions of employees nationwide be ready to act in an emergency. Cardiac arrest can happen to anyone, anywhere — and immediate CPR can double or triple a person's chance of survival. Yet according to the American Heart Association, a global force changing the future of health of all, seven in 10 Americans say they feel powerless to act during a cardiac emergency2. Through this initiative, ADP, which pays one in six workers in the United States, is empowering its clients and associates with lifesaving education at scale. ""Increasing access to modern, accessible CPR education is critical to saving more lives from cardiac arrest,"" said Nancy Brown, chief executive officer of the American Heart Association. ""Through Nation of Lifesavers, we aim to double the survival rate from sudden cardiac arrest by 2030. With this support from ADP, we can bring lifesaving skills directly to the fingertips of millions of workers."" The program, which is optional to clients, offers ADP Mobile Solutions users a simple two-step learning opportunity: watch a 60-second Hands-Only CPR video, then complete a four-question assessment. After completing the assessment, users receive a digital Nation of Lifesavers badge to recognize their commitment to helping save lives. Since piloting this feature in ADP Mobile Solutions in Fall 2024, more than 160,000 users have already engaged in the Hands-Only CPR mobile education, with the potential to reach the app's 14 million active monthly users, as the availability expands. ""Every decision we make is centered on helping people thrive at work and in life,"" said Maria Black, president and CEO of ADP. ""Through technology and human-centered innovation, we are proud to support the work of the American Heart Association in building a stronger chain of survival across the workplace."" In addition to the mobile learning, ADP is hosting in-person Hands-Only CPR and automated external defibrillator (AED) training sessions at 18 of its office locations nationwide. The company aims to educate its associates on Hands-Only CPR and AED use through over 100 sessions in 2025 and early 2026. ADP's commitment to cardiac health extends beyond the office. For the past four years, ADP associates have also participated in American Heart Association Heart Walk events across the country to raise awareness and funds for heart health. Hands-Only CPR, which involves chest compressions without rescue breaths, is effective for teens and adults who experience sudden cardiac arrest. Immediate action — including the use of an AED when available — can dramatically increase the chance of survival.3 However, only half of workers can locate an AED at their workplace today, according to the Association. To learn more about how you can become part of the Nation of Lifesavers and help build a world where everyone is prepared to save a life, visit heart.org/nation. To view media assets including videos, B-roll and images, please click here. About ADP (NASDAQ: ADP)Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com. About the American Heart AssociationThe American Heart Association is a relentless force for a world of longer, healthier lives. Dedicated to ensuring equitable health in all communities, the organization has been a leading source of health information for more than one hundred years. Supported by more than 35 million volunteers globally, we fund groundbreaking research, advocate for the public's health, and provide critical resources to save and improve lives affected by cardiovascular disease and stroke. By driving breakthroughs and implementing proven solutions in science, policy, and care, we work tirelessly to advance health and transform lives every day. Connect with us on heart.org, on Facebook and X or by calling 1-800-AHA-USA1. 1 American Heart Association AED Fact Sheet2 2024 CPR Perceptions Survey, conducted for the American Heart Association. Available upon request.3 Panchal AR, Bartos JA, Cabañas JG, Donnino MW, Drennan IR, Hirsch KG, Kudenchuk PJ, Kurz MC, Lavonas EJ, Morley PT, O'Neil BJ, Peberdy MA, Rittenberger JC, Rodriguez AJ, Sawyer KN, Berg KM; on behalf of the Adult Basic and Advanced Life Support Writing Group. Part 3: adult basic and advanced life support: 2020 American Heart Association Guidelines for Cardiopulmonary Resuscitation and Emergency Cardiovascular Care. Circulation. 2020;142(suppl 2):S366–S468. doi: 10.1161/CIR.0000000000000916 View original content to download multimedia:https://www.prnewswire.com/news-releases/new-initiative-delivers-cpr-education-through-adp-mobile-solutions-app-to-build-nation-of-lifesavers-302458868.html SOURCE ADP, Inc." ADP,2025-05-20,321.21,323.14,320.835,322.8, ADP,2025-05-21,320.715,323.66,320.715,322.63,"Automatic Data Processing (NasdaqGS:ADP) Expands CPR Education With American Heart Association Partnership Automatic Data Processing recently announced a partnership with the American Heart Association to integrate CPR training into its mobile app, aiming to boost health readiness among its workforce. This initiative aligns with the company's broader commitment to health and safety, reinforcing its corporate responsibility ethos. Over the past month, ADP's stock price moved up by 10%, amidst a generally positive market trend with major indexes like the S&P 500 experiencing growth. ADP's recent earnings report, showcasing a rise in sales and revenue, may have contributed positively, aligning well with the broader market’s upward momentum. Buy, Hold or Sell Automatic Data Processing? View our complete analysis and fair value estimate and you decide. Trump's oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave. The recent partnership between Automatic Data Processing (ADP) and the American Heart Association, targeting enhanced health readiness through CPR training integration, aligns well with ADP's ongoing commitment to corporate responsibility. This initiative could potentially influence ADP's long-term narrative positively by strengthening workforce engagement and satisfaction, possibly leading to higher productivity and operational efficiency. Such efforts might indirectly support revenue growth by sustaining a motivated workforce and possibly reducing turnover. Over the past five years, ADP has delivered a total shareholder return of 165.98%, indicative of substantial capital appreciation and consistent dividend payments. In comparison, over the past year, ADP's return surpassed the US Professional Services industry average of 12%, reflecting relative strength in performance. This reflects the company's robust execution of its growth strategy and ability to maintain momentum despite market fluctuations. With respect to revenue and earnings, the introduction of new health initiatives could enhance employee loyalty and efficiency, indirectly contributing to more stable revenue streams. While short-term earnings forecasts remain reliant on current product expansions and strategic partnerships, sustaining employee-focused programs might bolster long-term financial performance. The current share price of $308.19 is closely aligned with the consensus price target of $309.08, signaling that the stock is deemed fairly valued by analysts. This alignment suggests limited immediate upside but highlights confidence in the company's revenue and earnings projections, assuming continued execution of strategic initiatives. Our comprehensive valuation report raises the possibility that Automatic Data Processing is priced lower than what may be justified by its financials. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:ADP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com" ADP,2025-05-22,322.1,323.21,320.15,321.65,"[""Top Stock Reports for Meta Platforms, Honeywell & Automatic Data Processing Wednesday, May 21, 2025The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Meta Platforms, Inc. (META), Honeywell International Inc. (HON) and Automatic Data Processing, Inc. (ADP). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.You can see all of today\u2019s research reports here >>>Ahead of Wall StreetThe daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens and attempts to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can actually sign up there to get an email notification as this article comes out each morning.You can read today's AWS here >>> Q1 Retailers Report Earnings: TGT Misses, LOW & TJX BeatToday's Featured Research ReportsMeta Platforms\u2019 shares have outperformed the Zacks Internet - Software industry over the past year (+36.7% vs. +30.6%). The company is benefiting from steady user growth across all regions, particularly Asia Pacific. Increased engagement for its offerings like Instagram, WhatsApp, Messenger and Facebook has been a major growth driver. META has been leveraging AI to improve the potency of its platform offerings. These services currently reach more than 3.43 billion people daily. Meta Platforms\u2019 growing footprint among young adults, driven by improving recommendations, boosts its competitive prowess. AI usage is making it a popular name among advertisers. This is expected to drive top-line growth. Meta Platforms now expects to invest significantly more over the next few years in developing more advanced models and the largest AI services in the world. However, monetization of these AI services will take considerable time, which is a concern.(You can read the full research report on Meta Platforms here >>>)Shares of Honeywell have outperformed the Zacks Diversified Operations industry over the past year (+13.3% vs. +11.1%). The company\u2019s strength in the commercial aviation and building automation businesses augurs well. The Aerospace segment is particularly strong, driven by strength in the defense business and growth in air transport flight hours. Strong demand across the commercial aviation aftermarket business is aiding the segment. The company also continues to reward shareholders, which adds to the stock\u2019s appeal. While acquisitions have expanded its product range and geographic reach, they have increased the company\u2019s balance sheet debt as well. However, weakness in the Industrial Automation segment, due to lower demand for smart energy and thermal solutions, is worrisome. The weakened demand for personal protective equipment within the sensing and safety technologies business is also concerning. Foreign currency translation remains an overhang.(You can read the full research report on Honeywell here >>>)Automatic Data Processing\u2019s shares have outperformed the Zacks Internet - Software industry over the year-to-date period (+10.9% vs. +6.7%). The company aspires to grow on the back of its three-tier business strategy and use its transformation initiatives to innovate and expand margins. Acquisitions have been pivotal in ADP\u2019s ability to operate across borders. Automatic Data Processing pursues buyouts that complement the overall business mix. This stock is an eye candy for dividend-seeking investors. The recent rise in the current ratio suggests a robust liquidity position for the company. Meanwhile, rising expenses due to acquisitions and investments are worrisome and can affect profitability. Automatic Data Processing faces high competition, which shoots talent costs sky-high and can affect the company\u2019s growth. The stock increased 29.8% in a year and we have a Neutral recommendation on it in anticipation of a correction.(You can read the full research report on Automatic Data Processing here >>>)Other noteworthy reports we are featuring today include Quanta Services, Inc. (PWR), Tractor Supply Co. (TSCO) and Pilgrim's Pride Corp. (PPC). Mark VickerySenior EditorNote: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>> Today's Must Read Expanding AI Usage Drives Meta Platforms' (META) Prospects Aerospace Technologies Unit Aids Honeywell (HON), Costs Hurt Transformation Initiatives Aid ADP, Escalating Expenses Hurt Featured Reports Robust Public Spending Aids Quanta (PWR), Macro Risks HurtPer the Zacks analyst, Quanta's prospects are driven by strong infrastructural demand, resulting in a growing backlog and balanced capital approach. However, macro risks and inflation hurt trends. Investments to Boost Tractor Supply's (TSCO) Market SharePer the Zacks analyst, Tractor Supply's focus on needs-based product categories and a U.S.-sourced assortment has resonated with customers, contributing to its market share expansion. Pilgrim's Pride (PPC) Progresses With Strategic Growth PlansPer the Zacks analyst, Pilgrim's Pride is making strong progress in operational efficiency, Prepared Foods expansion, and cost management, driving higher margins and improved profitability. Cologuard Growth Aids Exact Sciences (EXAS), Cost Woes StayThe Zacks analyst is impressed with Exact Sciences' Cologuard test momentum, led by rescreens, care gap programs and growth in new ordering providers. Yet, mounting costs bring profitability risks. Ayvakit Sales Boosts Blueprint (BPMC), Overdependence a WoePer the Zacks analyst, increased demand for Ayvakit should fuel BPMC's growth in the quarters ahead. However, overdependence of the topline on the drug's sales is concerning. Axsome's (AXSM) Marketed Drugs Drive Growth Amid CompetitionPer the Zacks analyst, Axsome's lead drug, Auvelity, approved for treating major depressive disorder is driving sales. The addition of Sunosi bodes well too. However, stiff competition remains a woe Buyouts, Loans Aid F.N.B. Corp (FNB), Asset Quality a WoePer the Zacks analyst, relatively high rates, decent loan demand and strategic buyouts are likely to support F.N.B. Corp's financials, while deteriorating asset quality and rising costs are concerns. New Upgrades Solid Demand, Pricing Actions Aid Carpenter Technology (CRS)Per the Zacks analyst, Carpenter Technology is gaining from strong demand across its end-use markets. Cost-reduction initiatives and efforts to preserve liquidity are also driving growth. Blackbaud (BLKB) Gains on Robust Portfolio & Buyback PlanPer the Zacks analyst, Blackbaud is gaining from a robust product portfolio, a steady share repurchases strategy, and margin expansion, which is boosting profitability. Pediatrix Medical (MD) Aided by Portfolio Rejig & TelehealthPer the Zacks analyst, Pediatrix Medical's portfolio restructuring efforts will continue to improve its business mix and cash level. Its expanding telehealth services will further drive profits. New Downgrades Flucuating Commodity Price, Competition Ail Murphy (MUR)Per the Zacks analyst Murphy Oil future prospects can be adversely impacted by the fluctuating commodity prices, while competitive industry can affect its profitability. Permian Resources (PR) Hurt by High Capital IntensityThe Zacks analyst notes that while Permian Resources is improving efficiency, high capital intensity and integration costs from Earthstone acquisition may limit its near-term upside. Weak Oil Market Threatens ConocoPhillips' (COP) EarningsPer the Zacks analyst, COP faces pressure as falling oil demand and faster-than-expected OPEC+ cuts drag prices down, posing risks to cash flow, earnings growth, and overall stock performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Honeywell International Inc. (HON) : Free Stock Analysis Report Quanta Services, Inc. (PWR) : Free Stock Analysis Report Tractor Supply Company (TSCO) : Free Stock Analysis Report Pilgrim's Pride Corporation (PPC) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""The Zacks Analyst Blog Highlights Meta Platforms, Honeywell International and Automatic Data Processing Chicago, IL \u2013 May 22, 2025 \u2013 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Meta Platforms, Inc. META, Honeywell International Inc. HON and Automatic Data Processing, Inc. ADP. Here are highlights from Wednesday\u2019s Analyst Blog: The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Meta Platforms, Inc., Honeywell International Inc. and Automatic Data Processing, Inc. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.You can see all of today's research reports here >>>Ahead of Wall StreetThe daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens and attempts to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can actually sign up there to get an email notification as this article comes out each morning.You can read today's AWS here >>> Q1 Retailers Report Earnings: TGT Misses, LOW & TJX BeatToday's Featured Research ReportsMeta Platforms' shares have outperformed the Zacks Internet - Software industry over the past year (+36.7% vs. +30.6%). The company is benefiting from steady user growth across all regions, particularly Asia Pacific. Increased engagement for its offerings like Instagram, WhatsApp, Messenger and Facebook has been a major growth driver.META has been leveraging AI to improve the potency of its platform offerings. These services currently reach more than 3.43 billion people daily. Meta Platforms' growing footprint among young adults, driven by improving recommendations, boosts its competitive prowess. AI usage is making it a popular name among advertisers. This is expected to drive top-line growth.Meta Platforms now expects to invest significantly more over the next few years in developing more advanced models and the largest AI services in the world. However, monetization of these AI services will take considerable time, which is a concern.(You can read the full research report on Meta Platforms here >>>)Shares of Honeywell have outperformed the Zacks Diversified Operations industry over the past year (+13.3% vs. +11.1%). The company's strength in the commercial aviation and building automation businesses augurs well. The Aerospace segment is particularly strong, driven by strength in the defense business and growth in air transport flight hours.Strong demand across the commercial aviation aftermarket business is aiding the segment. The company also continues to reward shareholders, which adds to the stock's appeal. While acquisitions have expanded its product range and geographic reach, they have increased the company's balance sheet debt as well.However, weakness in the Industrial Automation segment, due to lower demand for smart energy and thermal solutions, is worrisome. The weakened demand for personal protective equipment within the sensing and safety technologies business is also concerning. Foreign currency translation remains an overhang.(You can read the full research report on Honeywell here >>>)Automatic Data Processing's shares have outperformed the Zacks Internet - Software industry over the year-to-date period (+10.9% vs. +6.7%). The company aspires to grow on the back of its three-tier business strategy and use its transformation initiatives to innovate and expand margins. Acquisitions have been pivotal in ADP's ability to operate across borders.Automatic Data Processing pursues buyouts that complement the overall business mix. This stock is an eye candy for dividend-seeking investors. The recent rise in the current ratio suggests a robust liquidity position for the company. Meanwhile, rising expenses due to acquisitions and investments are worrisome and can affect profitability.Automatic Data Processing faces high competition, which shoots talent costs sky-high and can affect the company's growth. The stock increased 29.8% in a year and we have a Neutral recommendation on it in anticipation of a correction.(You can read the full research report on Automatic Data Processing here >>>) Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Honeywell International Inc. (HON) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""If You Invested $1000 in Automatic Data Processing a Decade Ago, This is How Much It'd Be Worth Now How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well. Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks. What if you'd invested in Automatic Data Processing (ADP) ten years ago? It may not have been easy to hold on to ADP for all that time, but if you did, how much would your investment be worth today? With that in mind, let's take a look at Automatic Data Processing's main business drivers. Automatic Data Processing, Inc. is one of the leading providers of cloud-based Human Capital Management (HCM) technology solutions - including payroll, talent management, Human Resources and benefits administration, and time and attendance management - to employers around the world. The company delivers it\u2019s global HCM strategy and make investments in highly strategic areas and technology in order to strengthen its underlying business model and prospects for continued growth. The company was founded in 1949, incorporated in the State of Delaware in June 1961 and completed its initial public offering in September 1961. The company serves more than 1 million clients across 140 countries and territories. ADP has two reportable business segments \u2013 Employer Services and Professional Employer Organization (PEO) Services. Employer Services: The Employer Services segment offers a comprehensive suite of HRO and technology-based HCM solutions which includes payroll services, benefits administration, talent management, HR management, time and attendance management, insurance services, retirement services and compliance services. The company mainly serves clients ranging from single-employee small businesses to large enterprises with tens of thousands of employees around the world. In fiscal 2024, revenues from this segment increased 6.6% year over year. Professional Employer Organization (PEO) Services: The Professional Employer Organization (PEO) Services segment provides small and medium-sized businesses with employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers' compensation coverage, and other supplemental benefits for the employees. Revenues from this segment increased 4.1% on a year over year basis in fiscal 2024.ADP\u2019s PEO business, named ADP TotalSource is the largest PEO in the United States based on the number of worksite employees. It serves approximately 17,000 clients and more than 750,000 worksite employees across 50 states and operates as a certified PEO under the United States Internal Reven. Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Automatic Data Processing ten years ago, you're likely feeling pretty good about your investment today. A $1000 investment made in May 2015 would be worth $3,696.92, or a gain of 269.69%, as of May 22, 2025, according to our calculations. This return excludes dividends but includes price appreciation. In comparison, the S&P 500 gained 174.29% and the price of gold went up 164.34% over the same time frame. Analysts are anticipating more upside for ADP. ADP aspires to grow on the back of its three-tier business strategy and use its transformation initiatives to innovate and expand margins. Acquisitions have been pivotal in ADP\u2019s ability to operate across borders. The company pursues buyouts that complement the overall business mix. This stock is an eye candy for dividend-seeking investors. The recent rise in the current ratio suggests a robust liquidity position for the company. Meanwhile, rising expenses due to acquisitions and investments are worrisome and can affect profitability. Automatic Data Processing faces high competition, which shoots talent costs sky-high and can affect the company\u2019s growth. The stock increased 29.8% in a year and we have a Neutral recommendation on it in anticipation of a correction. Over the past four weeks, shares have rallied 9.91%, and there have been 8 higher earnings estimate revisions in the past two months for fiscal 2025 compared to none lower. The consensus estimate has moved up as well. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research""]" ADP,2025-05-23,319.775,321.83,317.695,320.96, ADP,2025-05-27,322.88,326.0,321.82,325.71,"Are Strong Financial Prospects The Force That Is Driving The Momentum In Automatic Data Processing, Inc.'s NASDAQ:ADP) Stock? Automatic Data Processing (NASDAQ:ADP) has had a great run on the share market with its stock up by a significant 10% over the last month. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on Automatic Data Processing's ROE. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Put another way, it reveals the company's success at turning shareholder investments into profits. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Automatic Data Processing is: 68% = US$4.0b ÷ US$5.9b (Based on the trailing twelve months to March 2025). The 'return' is the yearly profit. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.68 in profit. View our latest analysis for Automatic Data Processing Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or ""retains"" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don’t share these attributes. Firstly, we acknowledge that Automatic Data Processing has a significantly high ROE. Additionally, the company's ROE is higher compared to the industry average of 20% which is quite remarkable. Probably as a result of this, Automatic Data Processing was able to see a decent net income growth of 11% over the last five years. We then performed a comparison between Automatic Data Processing's net income growth with the industry, which revealed that the company's growth is similar to the average industry growth of 11% in the same 5-year period. Earnings growth is an important metric to consider when valuing a stock. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Has the market priced in the future outlook for ADP? You can find out in our latest intrinsic value infographic research report. Automatic Data Processing has a significant three-year median payout ratio of 59%, meaning that it is left with only 41% to reinvest into its business. This implies that the company has been able to achieve decent earnings growth despite returning most of its profits to shareholders. Moreover, Automatic Data Processing is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years. Based on the latest analysts' estimates, we found that the company's future payout ratio over the next three years is expected to hold steady at 59%. Therefore, the company's future ROE is also not expected to change by much with analysts predicting an ROE of 75%. On the whole, we feel that Automatic Data Processing's performance has been quite good. Especially the high ROE, Which has contributed to the impressive growth seen in earnings. Despite the company reinvesting only a small portion of its profits, it still has managed to grow its earnings so that is appreciable. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned." ADP,2025-05-28,327.315,327.99,323.71,324.14, ADP,2025-05-29,324.2,325.07,321.27,324.12, ADP,2025-05-30,325.18,326.6,323.37,325.34, ADP,2025-06-02,322.8,325.91,321.07,325.8, ADP,2025-06-03,324.46,326.8,322.983,326.53, ADP,2025-06-04,325.72,327.56,323.96,326.21,"[""ADP National Employment Report: Private Sector Employment Increased by 37,000 Jobs in May; Annual Pay was Up 4.5% ROSELAND, N.J., June 4, 2025 /PRNewswire/ -- Private sector employment increased by 37,000 jobs in May and annual pay was up 4.5 percent year-over-year, according to the May ADP\u00ae National Employment ReportTM produced by ADP Research in collaboration with the Stanford Digital Economy Lab (\""Stanford Lab\""). The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25 million U.S. employees. The jobs report and pay insights use ADP's fine-grained anonymized and aggregated payroll data to provide a representative picture of the private-sector labor market. The report details the current month's total private employment change, and weekly job data from the previous month. Because the underlying ADP payroll databases are continuously updated, the report provides a high-frequency, near real-time measure of U.S. employment. This measure reflects the number of employees on ADP client payrolls (Payroll Employment) to provide a richer understanding of the labor market. As of January 2025, ADP's Pay Insights measure captures nearly 14.8 million individual pay change observations each month, up from nearly 10 million when it launched. \""After a strong start to the year, hiring is losing momentum,\"" said Dr. Nela Richardson, chief economist, ADP. \""Pay growth, however, was little changed in May, holding at robust levels for both job-stayers and job-changers.\"" May 2025 Report Highlights* View the ADP National Employment Report and interactive charts at www.adpemploymentreport.com. JOBS REPORT Private employers added 37,000 jobs in MayThe pace of hiring in May reached its lowest level since March 2023. Change in U.S. Private Employment: 37,000 Change by Industry Sector- Goods-producing: -2,000 Natural resources/mining -5,000 Construction 6,000 Manufacturing -3,000 - Service-providing: 36,000 Trade/transportation/utilities -4,000 Information 8,000 Financial activities 20,000 Professional/business services -17,000 Education/health services -13,000 Leisure/hospitality 38,000 Other services 4,000 Change by U.S. Regions- Northeast: -19,000 New England -16,000 Middle Atlantic -3,000 - Midwest: 20,000 East North Central 23,000 West North Central -3,000 - South: -5,000 South Atlantic 20,000 East South Central 19,000 West South Central -44,000 - West: 37,000 Mountain 35,000 Pacific 2,000 Change by Establishment Size- Small establishments: -13,000 1-19 employees -6,000 20-49 employees -7,000 - Medium establishments: 49,000 50-249 employees 51,000 250-499 employees -2,000 - Large establishments: -3,000 500+ employees -3,000 PAY INSIGHTS Pay gains were little changed in MayYear-over-year pay growth for job-stayers was little changed in May, at 4.5 percent. Pay for job-changers rose 7 percent, unchanged from April's revised figure. Median Change in Annual Pay (ADP matched person sample)- Job-Stayers 4.5%- Job-Changers 7.0% Median Change in Annual Pay for Job-Stayers by Industry Sector - Goods-producing: Natural resources/mining 4.5% Construction 4.6% Manufacturing 4.6% - Service-providing: Trade/transportation/utilities 4.2% Information 4.2% Financial activities 5.2% Professional/business services 4.2% Education/health services 4.6% Leisure/hospitality 4.8% Other services 4.3% Median Change in Annual Pay for Job-Stayers by Firm Size- Small firms: 1-19 employees 2.6% 20-49 employees 4.1% - Medium firms: 50-249 employees 4.8% 250-499 employees 4.9% - Large firms: 500+ employees 4.8% To see Pay Insights by U.S. State, Gender, and Age for Job-Stayers, visit here. * Sum of components may not equal total due to rounding. The April total number of jobs added was revised from 62,000 to 60,000. The historical data file and weekly data for the previous month are available at https://adpemploymentreport.com/. To subscribe to monthly email alerts or obtain additional information about the ADP National Employment Report, including employment and pay data, interactive charts, methodology, and a calendar of release dates, please visit https://adpemploymentreport.com/. The June 2025 ADP National Employment Report will be released at 8:15 a.m. ET on July 2, 2025. About the ADP\u00ae National Employment ReportTM The ADP National Employment Report is an independent measure of the change in U.S. private employment and pay derived from actual, anonymized payroll data of client companies served by ADP, a leading provider of human capital management solutions. The report is produced by ADP Research in collaboration with the Stanford Digital Economy Lab. The ADP National Employment Report is broadly distributed to the public each month, free of charge, as part of the company's commitment to offering deeper insights of the U.S. labor market and providing businesses and governments with a source of credible and valuable information. About the ADP Research The mission of ADP Research is to make the future of work more productive through data-driven discovery. Companies, workers, and policymakers rely on our finely tuned data and unique perspective to make informed decisions that impact workplaces around the world. About ADP (NASDAQ \u2013 ADP) Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com ADP, the ADP logo, and Always Designing for People, ADP National Employment Report, and ADP Research are trademarks of ADP, Inc. All other marks are the property of their respective owners. Copyright \u00a9 2025 ADP, Inc. All rights reserved. ADP-Media View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-37-000-jobs-in-may-annual-pay-was-up-4-5-302473143.html SOURCE ADP, Inc."", ""U.S. Job Growth Crashes--Is a Fed Rate Cut Now Inevitable? Private-sector hiring just hit a wall. In May, U.S. companies added only 37,000 jobsthe slowest pace in over two yearsaccording to fresh data from ADP (NASDAQ:ADP). That's not a typo. It came in below every economist's estimate in a Bloomberg survey. Business services, manufacturing, trade, education, and even the Northeast region all saw job losses. Small and large companies alike trimmed payrolls. The only bright spots? Leisure, hospitality, and finance. Treasury yields slipped. The S&P 500 nudged higher. And in typical fashion, Donald Trump took to social media to demand that Fed Chair Jerome Powell cut ratesagain. The bigger story here might be what's not being said. Labor markets are softening, and it's starting to show up in hiring delays and longer unemployment spells. While the Fed has held rates steadywaiting for inflation to cool and tariffs to play outmarkets are watching closely. Especially as Europe has already cut rates seven times since June 2024, with another trim likely this week. In contrast, U.S. policymakers have stayed on the sidelines. But as business sentiment deteriorates and hiring stalls, that position could be harder to maintain. The pressure's mountingpolitically and economically. That said, wage growth hasn't rolled over yet. Workers switching jobs saw a 7% pay bump; those staying put got a 4.5% raise. But don't let that mask the caution. A University of Michigan survey showed a majority of consumers now expect business conditions to worsen over the next yearand unemployment to climb. Some economists, like Pantheon Macroeconomics, are brushing off the ADP numbers. They're betting on 110,000 new private payrolls in the government report due Friday. Still, with ADP tracking over 25 million jobs, even a soft signal is worth noting. Investors may want to brace for a bumpy ride as macro uncertainty drags on longer than expected. This article first appeared on GuruFocus."", ""Are Computer and Technology Stocks Lagging Automatic Data Processing (ADP) This Year? Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Automatic Data Processing (ADP) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question. Automatic Data Processing is a member of our Computer and Technology group, which includes 608 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Automatic Data Processing is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for ADP's full-year earnings has moved 0.5% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the most recent data, ADP has returned 11.6% so far this year. At the same time, Computer and Technology stocks have lost an average of 0.3%. This means that Automatic Data Processing is performing better than its sector in terms of year-to-date returns. One other Computer and Technology stock that has outperformed the sector so far this year is Allegro MicroSystems, Inc. (ALGM). The stock is up 22.5% year-to-date. For Allegro MicroSystems, Inc. the consensus EPS estimate for the current year has increased 10.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Automatic Data Processing belongs to the Internet - Software industry, a group that includes 169 individual stocks and currently sits at #61 in the Zacks Industry Rank. On average, stocks in this group have gained 10.6% this year, meaning that ADP is performing better in terms of year-to-date returns. In contrast, Allegro MicroSystems, Inc. falls under the Electronics - Semiconductors industry. Currently, this industry has 45 stocks and is ranked #81. Since the beginning of the year, the industry has moved +4%. Automatic Data Processing and Allegro MicroSystems, Inc. could continue their solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Allegro MicroSystems, Inc. (ALGM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research""]" ADP,2025-06-05,327.18,327.8,324.675,326.23, ADP,2025-06-06,328.85,329.93,326.125,326.758, ADP,2025-06-09,325.72,325.84,317.8,318.474, ADP,2025-06-10,318.53,319.72,312.68,314.52, ADP,2025-06-11,314.375,314.375,310.93,312.365, ADP,2025-06-12,312.96,314.245,305.28,309.75,"ADP stock dips as company hosts 2025 investor day Investing.com -- ADP (NASDAQ:ADP) stock fell 1.1% after the company hosted its 2025 Investor Day, where it announced mid-term financial objectives that largely met market expectations. The payroll and human resources services provider outlined consolidated revenue growth targets of 6-7%, with Employer Services (ES) expected to grow at approximately 6% and Professional Employer Organization (PEO) services projected at 6-8%. The company also anticipates ES bookings growth of 6-7%. ADP expects adjusted EBIT margin expansion of approximately 50-75 basis points annually, which should drive 8-10% YoY adjusted EBIT growth. The company is targeting adjusted EPS growth of 9-11%, including a 1% annual outstanding share reduction through repurchases. The firm’s total shareholder return (TSR) objective is set at 11-13%, combining EPS growth with a 2% dividend yield. ADP’s float portfolio is assumed to have positive reinvestment rates on approximately $13 billion maturing in fiscal years 2026 and 2027. TD Cowen analyst Bryan C. Bergin commented on the announcement: ""We anticipate a fairly neutral reaction in shares given no meaningful surprise, pending management commentary."" Related articles ADP stock dips as company hosts 2025 investor day FTSE 100 today: shares rise as U.K. GDP falls; Pound nears $1.36; Tesco gains Israel considers military action against Iran, sources tell ABC News" ADP,2025-06-13,307.07,310.85,305.74,306.82, ADP,2025-06-16,307.8,309.69,306.63,307.91,"1 S&P 500 Stock to Keep an Eye On and 2 to Steer Clear Of The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition. Even among blue-chip stocks, not all investments are created equal - which is why we built StockStory to help you navigate the market. Keeping that in mind, here is one S&P 500 stock that is leading the market forward and two best left off your watchlist. Market Cap: $87.85 billion Inventor of the x86 processor that powered decades of technological innovation in PCs, data centers, and numerous other markets, Intel (NASDAQ:INTC) is a leading manufacturer of computer processors and graphics chips. Why Should You Dump INTC? At $20.19 per share, Intel trades at 33.5x forward P/E. Read our free research report to see why you should think twice about including INTC in your portfolio, it’s free. Market Cap: $139.5 billion With roots dating back to 1849 when two German immigrants opened a fine chemicals business in Brooklyn, Pfizer (NYSE:PFE) is a global biopharmaceutical company that discovers, develops, manufactures, and sells medicines and vaccines for a wide range of diseases and conditions. Why Does PFE Give Us Pause? Pfizer is trading at $24.54 per share, or 8.2x forward P/E. To fully understand why you should be careful with PFE, check out our full research report (it’s free). Market Cap: $124.5 billion Processing one out of every six paychecks in the United States, ADP (NASDAQ:ADP) provides cloud-based human capital management solutions that help businesses manage payroll, benefits, talent acquisition, and HR administration. Why Should ADP Be on Your Watchlist? ADP’s stock price of $306.82 implies a valuation ratio of 28.9x forward P/E. Is now the time to initiate a position? See for yourself in our comprehensive research report, it’s free. Market indices reached historic highs following Donald Trump’s presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a ""fearful"" wait-and-see approach, we’re leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today" ADP,2025-06-17,308.77,309.3,306.85,307.62,"Automatic Data Processing Insider Sold Shares Worth $424,064, According to a Recent SEC Filing Joseph DeSilva, Corporate Vice President, on June 12, 2025, sold 1,381 shares in Automatic Data Proc" ADP,2025-06-18,307.62,308.81,306.1,306.77, ADP,2025-06-20,308.51,308.51,304.0,306.26,"[""UBS Affirms \u2018Neutral\u2019 Rating on Automatic Data Processing (ADP) Following Guidance Adjustment Automatic Data Processing, Inc. (NASDAQ:ADP) is one of the 13 best software stocks to buy now. On June 13, UBS reiterated a \u2018Neutral\u2019 rating on the stock but cut the price target to $315 from $323. The adjustment follows significant updates at the company\u2019s investor day in New York City. A trader in a busy trading room, surrounded by real-time market data and automated execution services. The software company revised its revenue growth expectations to 6% and 7% at the event. Management also reiterated they expect earnings per share to grow by between 9% and 11%, a 200 basis point reduction from 2021 predictions. Automatic Data Processing\u2019s Professional Employer Organization Segment accounts for about 35% of total revenue and is expected to grow by 6% and 8%, down from a previous forecast of 10% and 12%. UBS remains optimistic about the company\u2019s long-term prospects, as it has a 15% market share in the human capital management market. Consequently, it is expected to generate significant value given that the total addressable market is expected to expand to $180 billion from $175 billion. Nevertheless, it maintains a neutral stance as it monitors the impact of technology and distribution investments on margins. Automatic Data Processing, Inc. (NASDAQ:ADP) is a software application company that provides solutions that automate data handling, particularly through software and services, to streamline business operations. While we acknowledge the potential of ADP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Healthcare Stocks to Buy Now and 10 Stocks Analysts Are Upgrading Today. Disclosure: None."", ""Mizuho Increases PT on Automatic Data Processing (ADP) Stock, Maintains Outperform Automatic Data Processing, Inc. (NASDAQ:ADP) is one of the 10 software stocks analysts are upgrading. On June 13, Mizuho increased the price objective on the company\u2019s stock to $332.00 from $321.00, while maintaining an \u201cOutperform\u201d rating. The firm believes that Automatic Data Processing, Inc. (NASDAQ:ADP) has done a good job over the past few years in improving product and execution. HR management team reviewing resumes on a computer. The research firm remains optimistic about Automatic Data Processing, Inc. (NASDAQ:ADP)\u2019s future prospects as it has been introducing revamped products throughout the market segments and continues to leverage its human capital management industry-leading data and scale with tools such as AI in a bid to improve efficiencies. Automatic Data Processing, Inc. (NASDAQ:ADP)\u2019s strategic moves, like the acquisition of PEI in Mexico, focus on enhancing its global payroll capabilities and aiding the Latin America region. With the help of integrating PEI\u2019s payroll expertise in Mexico with Automatic Data Processing, Inc. (NASDAQ:ADP)\u2019s global reach and comprehensive HCM solutions, the focus is on enhancing the experience. For FY 2025, the company expects revenue growth of 6% \u2013 7% and adjusted EBIT margin expansion of 40 \u2013 50 bps. Furthermore, it anticipates diluted EPS growth of 9% \u2013 10%. Automatic Data Processing, Inc. (NASDAQ:ADP) provides cloud-based human capital management (HCM) solutions. While we acknowledge the potential of ADP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ADP and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None.""]" ADP,2025-06-23,307.26,310.44,305.76,310.305, ADP,2025-06-24,311.25,311.99,308.145,311.4, ADP,2025-06-25,311.02,311.195,297.22,298.19,"[""ADP to Announce Fourth Quarter Fiscal 2025 Financial Results on July 30, 2025 ROSELAND, N.J., June 25, 2025 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the fourth fiscal quarter ending June 30, 2025 before the opening of the Nasdaq on Wednesday, July 30, 2025. ADP will also be hosting a conference call at 8:30 a.m. ET on July 30, 2025 to discuss these results. Maria Black, President & Chief Executive Officer, Peter Hadley, Chief Financial Officer and Matthew Keating, Vice President of Investor Relations, will be participating on the call. Please note that ADP no longer publishes its financial results over a news wire service. Instead, the results will be posted on the Investor Relations section of adp.com. The company will issue an alert over a news wire to indicate the earnings materials are publicly available, including a link to those documents. Investors and interested participants are invited to listen to the conference call and view the accompanying slide presentation via live webcast. The conference call will be webcast live on ADP's website at investors.adp.com and will be available for replay following the call. The slide presentation will be available shortly before the webcast. About ADP (NASDAQ \u2013 ADP) Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com. ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc. Copyright \u00a9 2025 ADP, Inc. All rights reserved. ADP-Investor Relations Contact: 973.974.5858 Investor.Mail@ADP.com View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-to-announce-fourth-quarter-fiscal-2025-financial-results-on-july-30-2025-302489802.html SOURCE ADP - IR"", ""The 5 Most Interesting Analyst Questions From ADP\u2019s Q1 Earnings Call Automatic Data Processing\u2019s first quarter results beat Wall Street\u2019s revenue and profit expectations, reflecting steady demand for payroll and HR services despite a mixed macroeconomic backdrop. Management attributed performance to growth in its U.S. Employer Services business, continued client retention improvements, and strong momentum in its Professional Employer Organization (PEO) segment. CEO Maria Black highlighted that new business bookings in the U.S. were robust across small, mid-sized, and enterprise clients while international bookings softened due to macro uncertainty. Black said, \u201cEmployer Services retention again modestly exceeded our expectations, declining slightly compared to the prior year.\u201d Is now the time to buy ADP? Find out in our full research report (it\u2019s free). Revenue: $5.55 billion vs analyst estimates of $5.49 billion (5.7% year-on-year growth, 1.1% beat) Adjusted EPS: $3.06 vs analyst estimates of $2.97 (2.9% beat) Adjusted EBITDA: $1.76 billion vs analyst estimates of $1.73 billion (31.6% margin, 1.2% beat) Operating Margin: 29.4%, in line with the same quarter last year Worksite Employees: 751,000, up 25,000 year on year Market Capitalization: $126.4 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Ramsey El-Assal (Barclays) asked about the international bookings slowdown and future embedded payroll opportunities. CEO Maria Black attributed softness to macro uncertainty but emphasized strong pipelines and the potential of the Fiserv partnership to expand distribution. Dan Dolev (Mizuho) questioned the degree of client hesitation versus actual hiring slowdown. CFO Don McGuire clarified that, while economic uncertainty is present, core client activity and hiring remain stable, and ADP\u2019s base is holding up well. Mark Marcon (Baird) inquired about PEO demand and integration progress of WorkForce Software. Black reported continued PEO growth and strong client interest in new integrated offerings, with recent wins driven by combined solutions. Tien-tsin Huang (JPMorgan) pressed for details on Employer Services revenue deceleration and the impact of the PEI Mexico acquisition. McGuire explained expected calendar effects, foreign exchange, and confirmed the acquisition is small but strategically valuable for Latin American expansion. James Faucette (Morgan Stanley) asked about client PEO behavior amid macro pressure and ADP\u2019s competitive differentiation. Black pointed to strong PEO retention and highlighted the benefits of ADP\u2019s fully insured model and extensive distribution engine. In future quarters, the StockStory team will be monitoring (1) trends in international bookings and the pace at which large, multi-country deals convert from pipeline to closed business, (2) progress toward integrating technology solutions like Workforce Software and generative AI features across core platforms, and (3) the traction of embedded payroll partnerships, particularly with Fiserv, as a driver of incremental client growth. We will also watch for further developments in leadership transition and updates on client hiring trends. ADP currently trades at $311.49, up from $295.68 just before the earnings. Is there an opportunity in the stock?See for yourself in our full research report (it\u2019s free). The market surged in 2024 and reached record highs after Donald Trump\u2019s presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we\u2019re homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver\u2019s seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.""]" ADP,2025-06-26,299.24,303.9,296.75,302.98, ADP,2025-06-27,302.94,306.47,300.9,303.44, ADP,2025-06-30,303.37,308.88,302.61,308.53, ADP,2025-07-01,308.18,311.99,307.3,310.13, ADP,2025-07-02,308.08,308.745,300.793,304.91,"ADP National Employment Report: Private Sector Employment Shed 33,000 Jobs in June; Annual Pay was Up 4.4% ROSELAND, N.J., July 2, 2025 /PRNewswire/ -- Private sector employment shed 33,000 jobs in June and annual pay was up 4.4 percent year-over-year, according to the June ADP National Employment Report® produced by ADP Research in collaboration with the Stanford Digital Economy Lab (""Stanford Lab""). The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25 million U.S. employees. The jobs report and pay insights use ADP's fine-grained anonymized and aggregated payroll data to provide a representative picture of the private-sector labor market. The report details the current month's total private employment change, and weekly job data from the previous month. Because the underlying ADP payroll databases are continuously updated, the report provides a high-frequency, near real-time measure of U.S. employment. This measure reflects the number of employees on ADP client payrolls (Payroll Employment) to provide a richer understanding of the labor market. As of January 2025, ADP's Pay Insights measure captures nearly 14.8 million individual pay change observations each month, up from nearly 10 million when it launched. ""Though layoffs continue to be rare, a hesitancy to hire and a reluctance to replace departing workers led to job losses last month,"" said Dr. Nela Richardson, chief economist, ADP. ""Still, the slowdown in hiring has yet to disrupt pay growth."" June 2025 Report Highlights* View the ADP National Employment Report and interactive charts at www.adpemploymentreport.com. JOBS REPORT Private employers shed 33,000 jobs in June Job losses in professional and business services, and education and health services led the decline. Leisure and hospitality, and manufacturing showed gains. Change in U.S. Private Employment: -33,000 Change by Industry Sector - Goods-producing: 32,000 Natural resources/mining 8,000 Construction 9,000 Manufacturing 15,000 - Service-providing: -66,000 Trade/transportation/utilities 14,000 Information 5,000 Financial activities -14,000 Professional/business services -56,000 Education/health services -52,000 Leisure/hospitality 32,000 Other services 5,000 Change by U.S. Regions - Northeast: -3,000 New England -10,000 Middle Atlantic 7,000 - Midwest: -24,000 East North Central 4,000 West North Central -28,000 - South: 13,000 South Atlantic -21,000 East South Central 20,000 West South Central 14,000 - West: -20,000 Mountain -20,000 Pacific 0 Change by Establishment Size - Small establishments: -47,000 1-19 employees -29,000 20-49 employees -18,000 - Medium establishments: -15,000 50-249 employees 12,000 250-499 employees -27,000 - Large establishments: 30,000 500+ employees 30,000 PAY INSIGHTS Pay gains held steady in June Year-over-year pay growth for job-stayers was little changed for June at 4.4 percent compared to 4.5 percent in May. Pay growth for job-changers was 6.8 percent in June, down slightly from 7.0 percent last month. Median Change in Annual Pay (ADP matched person sample) - Job-Stayers 4.4% - Job-Changers 6.8% Median Change in Annual Pay for Job-Stayers by Industry Sector - Goods-producing: Natural resources/mining 4.5% Construction 4.6% Manufacturing 4.6% - Service-providing: Trade/transportation/utilities 4.2% Information 4.1% Financial activities 5.2% Professional/business services 4.2% Education/health services 4.6% Leisure/hospitality 4.7% Other services 4.2% Median Change in Annual Pay for Job-Stayers by Firm Size - Small firms: 1-19 employees 2.7% 20-49 employees 4.1% - Medium firms: 50-249 employees 4.7% 250-499 employees 4.8% - Large firms: 500+ employees 4.8% To see Pay Insights by U.S. State, Gender, and Age for Job-Stayers, visit here. * Sum of components may not equal total due to rounding. The May total number of jobs added was revised from 37,000 to 29,000. The historical data file and weekly data for the previous month are available at https://adpemploymentreport.com/. To subscribe to monthly email alerts or obtain additional information about the ADP National Employment Report, including employment and pay data, interactive charts, methodology, and a calendar of release dates, please visit https://adpemploymentreport.com/. The July 2025 ADP National Employment Report will be released at 8:15 a.m. ET on July 30, 2025. About the ADP National Employment Report® The ADP National Employment Report is an independent measure of the change in U.S. private employment and pay derived from actual, anonymized payroll data of client companies served by ADP, a leading provider of human capital management solutions. The report is produced by ADP Research in collaboration with the Stanford Digital Economy Lab. The ADP National Employment Report is broadly distributed to the public each month, free of charge, as part of the company's commitment to offering deeper insights of the U.S. labor market and providing businesses and governments with a source of credible and valuable information. About the ADP Research The mission of ADP Research is to make the future of work more productive through data-driven discovery. Companies, workers, and policymakers rely on our finely tuned data and unique perspective to make informed decisions that impact workplaces around the world. About ADP (NASDAQ – ADP) Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com ADP, the ADP logo, and Always Designing for People, ADP National Employment Report, and ADP Research are trademarks of ADP, Inc. All other marks are the property of their respective owners. Copyright © 2025 ADP, Inc. All rights reserved. ADP-Media View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-shed-33-000-jobs-in-june-annual-pay-was-up-4-4-302496753.html SOURCE ADP, Inc." ADP,2025-07-03,307.0,309.4,305.28,309.2,Stocks Edge Up Pre-Bell as Investors Await Key Jobs Report Before Independence Day US equity markets were marginally trending upwards before the opening bell Thursday as traders await ADP,2025-07-07,309.175,310.805,306.9,308.483,"Weekly Stock Grader Analysis: Upgrades & Downgrades on Top Blue-Chip Stocks During these busy times, it pays to stay on top of the latest profit opportunities. And today’s blog post should be a great place to start. After taking a close look at the latest data on institutional buying pressure and each company’s fundamental health, I decided to revise my Stock Grader recommendations for 113 big blue chips. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly. To stay on top of my latest stock ratings, plug your holdings into Stock Grader, my proprietary stock screening tool. But, you must be a subscriber to one of my premium services. Or, if you are a member of one of my premium services, you can go here to get started. Sincerely, InvestorPlace - Stock Market News, Stock Advice & Trading Tips Louis Navellier Editor, Market 360 The post Weekly Stock Grader Analysis: Upgrades & Downgrades on Top Blue-Chip Stocks appeared first on InvestorPlace." ADP,2025-07-08,307.77,309.21,305.4,306.9,"TD Cowen Adjusts Price Target on Automatic Data Processing to $318 From $321, Maintains Hold Rating Automatic Data Processing (ADP) has an average rating of hold and mean price target of $316.27, acco" ADP,2025-07-09,308.21,308.65,305.26,308.41, ADP,2025-07-10,307.35,308.47,305.32,305.82, ADP,2025-07-11,302.65,302.65,301.84,302.65,"What to Expect From Automatic Data Processing's Q4 2025 Earnings Report Valued at a market cap of $124.1 billion, Automatic Data Processing, Inc. (ADP) provides cloud-based human capital management (HCM) solutions. The Roseland, New Jersey-based company offers various HCM solutions, including payroll, talent management, Human Resources and benefits administration, and time and attendance management to employers around the world. It is expected to announce its fiscal Q4 earnings for 2025 before the market opens on Wednesday, Jul. 30. Ahead of this event, analysts expect this human capital management company to report a profit of $2.22 per share, up 6.2% from $2.09 per share in the year-ago quarter. The company has a solid trajectory of consistently beating Wall Street’s earnings estimates in each of the last four quarters. In Q1, ADP’s EPS of $3.06 outpaced the forecasted figure by 3.4%. Creating a 38% “Dividend” on SOFI Stock Using Options Joby Aviation Just Hit a New 52-Week High. Should You Buy the Flying Car Stock Here? Nvidia Stock Regains Momentum. Is It Time to Buy, Sell, or Hold NVDA? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2025, analysts expect ADP to report a profit of $9.96 per share, up 8.5% from $9.18 per share in fiscal 2024. Furthermore, its EPS is expected to grow 9.6% year-over-year to $10.92 in fiscal 2026. Shares of ADP have rallied 30.6% over the past 52 weeks, considerably outpacing both the S&P 500 Index's ($SPX) 11.5% uptick and the Technology Select Sector SPDR Fund’s (XLK) 8.1% return over the same time frame. On Apr. 30, shares of ADP surged 1.6% after its better-than-expected Q3 earnings release. The company’s revenue improved 5.7% year-over-year to $5.6 billion and topped the consensus estimates by 1.1% due to higher sales across all of its reportable segments. Moreover, its adjusted EPS of $3.06 advanced 6.3% from the same period last year, surpassing Wall Street expectations by 3.4%. Additionally, ADP raised its fiscal 2025 adjusted EPS growth guidance, and now expects it to grow between 8% to 9% from fiscal 2024. Wall Street analysts are cautious about ADP’s stock, with a ""Hold"" rating overall. Among 16 analysts covering the stock, four recommend ""Strong Buy,"" 11 indicate ""Hold,"" and one advises a ""Strong Sell” rating. The mean price target for ADP is $318.25, which indicates a 4.1% potential upside from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com" ADP,2025-07-14,302.19,303.84,301.1,303.36, ADP,2025-07-15,302.07,303.21,298.06,298.18, ADP,2025-07-16,298.66,300.7,296.46,300.27, ADP,2025-07-17,299.88,303.37,299.88,302.12, ADP,2025-07-18,304.275,304.275,300.393,301.79, ADP,2025-07-21,301.69,303.3,300.75,300.9,"Automatic Data Processing Investors Eyeing Q4 Bookings Growth, Fiscal 2026 Outlook, RBC Says Automatic Data Processing's (ADP) investors will likely focus on Q4 bookings growth and the company'" ADP,2025-07-22,301.6,306.33,301.48,302.98,"2 Reasons to Watch ADP and 1 to Stay Cautious ADP currently trades at $301 per share and has shown little upside over the past six months, posting a middling return of 1.6%. Does this present a buying opportunity for ADP? Or is its underperformance reflective of its story and business quality? Find out in our full research report, it’s free. Processing one out of every six paychecks in the United States, ADP (NASDAQ:ADP) provides cloud-based human capital management solutions that help businesses manage payroll, benefits, talent acquisition, and HR administration. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. ADP has shown terrific cash profitability, enabling it to reinvest, return capital to investors, and stay ahead of the competition while maintaining an ample cushion. The company’s free cash flow margin was among the best in the business services sector, averaging 20% over the last five years. A company’s ROIC, or return on invested capital, shows how much operating profit it makes compared to the money it has raised (debt and equity). We like to invest in businesses with high returns, but the trend in a company’s ROIC is what often surprises the market and moves the stock price. Fortunately, ADP’s ROIC has increased significantly over the last few years. This is a great sign when paired with its already strong returns. It could suggest its competitive advantage or profitable growth opportunities are expanding. Revenue growth can be broken down into changes in price and volume (for companies like ADP, our preferred volume metric is worksite employees). While both are important, the latter is the most critical to analyze because prices have a ceiling. ADP’s worksite employees came in at 751,000 in the latest quarter, and over the last two years, averaged 3% year-on-year growth. This performance was underwhelming and suggests it might have to lower prices or invest in product improvements to accelerate growth, factors that can hinder near-term profitability. ADP’s merits more than compensate for its flaws, but at $301 per share (or 28.4× forward P/E), is now the time to initiate a position? See for yourself in our full research report, it’s free. Trump’s April 2024 tariff bombshell triggered a massive market selloff, but stocks have since staged an impressive recovery, leaving those who panic sold on the sidelines. Take advantage of the rebound by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here." ADP,2025-07-23,302.38,304.51,301.5,304.23,"Automatic Data Processing (ADP) Reports Next Week: Wall Street Expects Earnings Growth Wall Street expects a year-over-year increase in earnings on higher revenues when Automatic Data Processing (ADP) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This payroll and human resources company is expected to post quarterly earnings of $2.22 per share in its upcoming report, which represents a year-over-year change of +6.2%. Revenues are expected to be $5.05 billion, up 5.9% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For ADP, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.53%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that ADP will beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that ADP would post earnings of $2.96 per share when it actually produced earnings of $3.06, delivering a surprise of +3.38%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. ADP doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Spotify (SPOT), another stock in the Zacks Internet - Software industry, is expected to report earnings per share of $2.19 for the quarter ended June 2025. This estimate points to a year-over-year change of +53.2%. Revenues for the quarter are expected to be $4.93 billion, up 20.3% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for Spotify has been revised 1.4% down to the current level. Nevertheless, the company now has an Earnings ESP of -9.14%, reflecting a lower Most Accurate Estimate. This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that Spotify will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Spotify Technology (SPOT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research" ADP,2025-07-24,303.92,307.1,303.25,306.24, ADP,2025-07-25,307.16,308.82,306.17,308.63,"[""Unlocking Q4 Potential of ADP (ADP): Exploring Wall Street Estimates for Key Metrics The upcoming report from Automatic Data Processing (ADP) is expected to reveal quarterly earnings of $2.22 per share, indicating an increase of 6.2% compared to the year-ago period. Analysts forecast revenues of $5.05 billion, representing an increase of 5.9% year over year. The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock. While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights. Bearing this in mind, let's now explore the average estimates of specific ADP metrics that are commonly monitored and projected by Wall Street analysts. Analysts predict that the 'Revenues- Interest on funds held for clients' will reach $286.31 million. The estimate points to a change of +3.4% from the year-ago quarter. The consensus estimate for 'Revenues- PEO revenues' stands at $1.63 billion. The estimate suggests a change of +5.2% year over year. Based on the collective assessment of analysts, 'Revenues- Revenues, other than interest on funds held for clients and PEO revenues' should arrive at $3.13 billion. The estimate indicates a year-over-year change of +6.3%. The average prediction of analysts places 'Segment revenues- Employer Services' at $3.43 billion. The estimate points to a change of +6.4% from the year-ago quarter. The combined assessment of analysts suggests that 'Segment revenues- PEO Services' will likely reach $1.63 billion. The estimate points to a change of +5% from the year-ago quarter. It is projected by analysts that the 'Average paid PEO worksite employees during the period' will reach 757 . The estimate compares to the year-ago value of 742 . View all Key Company Metrics for ADP here>>> Shares of ADP have demonstrated returns of +1.1% over the past month compared to the Zacks S&P 500 composite's +4.6% change. With a Zacks Rank #3 (Hold), ADP is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Automatic Data Processing to Report Q4 Earnings: What's in Store? Automatic Data Processing, Inc. ADP is scheduled to release fourth-quarter fiscal 2025 results on July 30, before market open. ADP has a decent earnings surprise history, surpassing the Zacks Consensus Estimate in the trailing four quarters, with an average surprise of 3.5%. Automatic Data Processing, Inc. price-eps-surprise | Automatic Data Processing, Inc. Quote The Zacks Consensus Estimate for the top line is $5.1 billion, hinting at a 5.9% year-over-year increase. We expect gains across segments to have supported revenue growth. Our estimation for fourth-quarter fiscal 2025 revenues from Employer Service is $3.4 billion, suggesting growth of 5.7% from the year-ago quarter\u2019s actual. We expect business bookings to have fueled this segment\u2019s growth. We anticipate revenues of Professional Employer Organization (\u201cPEO\u201d) services to be $1.6 billion, indicating 5.6% year-over-year growth. The factors likely to have driven this segment are higher wages and strong retention. Our estimate for Interest on Funds held for clients is $287.9 million, implying a 4% rise from the year-ago quarter\u2019s reported figure. Stronger average client funds balance growth is anticipated to have benefited this segment. Our estimate for Average Paid PEO Worksite Employees for the quarter is 762. Changes in Pay per control are anticipated to be 0.1% for the to-be-reported quarter. The consensus estimate for earnings per share is set at $2.22, indicating a 6.2% year-over-year increase. Strong top-line growth, along with disciplined cost control, is expected to have aided the bottom line. Our proven model does not conclusively predict an earnings beat for Automatic Data Processing this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter. ADP has an Earnings ESP of -0.53% and a Zacks Rank of 3 at present. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. Here are a few stocks from the broader Computer And Technology sector, which, according to our model, have the right combination of elements to beat on earnings this season. Seagate Technology STX: The Zacks Consensus Estimate for the company\u2019s fiscal fourth-quarter 2025 revenues is pegged at $2.4 billion, indicating a year-over-year increase of 27.5%. For earnings, the consensus mark is pegged at $2.46 per share, suggesting a more than 100% surge from that reported in the year-ago quarter. The company beat the Zacks Consensus Estimate in the past four quarters, with an average surprise of 15.7%. STX currently has an Earnings ESP of +2.34% and a Zacks Rank #2. The company is scheduled to declare fourth-quarter fiscal 2025 results on July 29. Apple AAPL: The Zacks Consensus Estimate for the company\u2019s third-quarter fiscal 2025 revenues is pegged at $88.9 billion, suggesting year-over-year growth of 3.7%. For earnings, the consensus mark is pegged at $1.42 per share, implying a 1.43% rise from the year-ago quarter\u2019s actual. The company beat the Zacks Consensus Estimate in the past four quarters, with an average surprise of 4.7%. AAPL has an Earnings ESP of +3.52% and a Zacks Rank #3 at present. The company is scheduled to declare third-quarter fiscal 2025 results on July 31. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Seagate Technology Holdings PLC (STX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research""]" ADP,2025-07-28,308.6,309.19,306.31,306.89, ADP,2025-07-29,307.97,309.69,305.5,308.83, ADP,2025-07-30,299.31,315.98,298.69,310.94,"[""Automatic Data Processing (ADP) Q4 Earnings and Revenues Top Estimates Automatic Data Processing (ADP) came out with quarterly earnings of $2.26 per share, beating the Zacks Consensus Estimate of $2.22 per share. This compares to earnings of $2.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +1.80%. A quarter ago, it was expected that this payroll and human resources company would post earnings of $2.96 per share when it actually produced earnings of $3.06, delivering a surprise of +3.38%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. ADP, which belongs to the Zacks Internet - Software industry, posted revenues of $5.13 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.50%. This compares to year-ago revenues of $4.77 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. ADP shares have added about 5.4% since the beginning of the year versus the S&P 500's gain of 8.3%. While ADP has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for ADP was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.52 on $5.11 billion in revenues for the coming quarter and $10.92 on $21.65 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, NCR Atleos (NATL), is yet to report results for the quarter ended June 2025. The results are expected to be released on August 6. This provider of ATM services is expected to post quarterly earnings of $0.85 per share in its upcoming report, which represents a year-over-year change of +4.9%. The consensus EPS estimate for the quarter has been revised 18.4% lower over the last 30 days to the current level. NCR Atleos' revenues are expected to be $1.08 billion, up 0.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report NCR Atleos Corporation (NATL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Automatic Data Processing Q4 Earnings & Revenues Beat Estimates Automatic Data Processing, Inc. ADP has reported impressive fourth-quarter fiscal 2025 results, wherein earnings and revenues outpaced the Zacks Consensus Estimate. ADP\u2019s earnings per share of $2.26 beat the consensus estimate by 1.8% and increased 8.1% from the year-ago quarter. Total revenues of $5.1 billion surpassed the consensus estimate by 1.5% and grew 7.5% on a year-over-year basis. The ADP stock has gained 5.4% in the year-to-date period compared with the industry\u2019s 15.7% growth and the 7.5% rise of the Zacks S&P 500 Composite. Automatic Data Processing, Inc. price-consensus-eps-surprise-chart | Automatic Data Processing, Inc. Quote Employer Services\u2019 revenues of $3.5 billion increased 8% on a reported basis and 6% on an organic constant-currency basis, missing our estimate of $3.8 billion. Pays per control increased 1% from the year-ago quarter. PEO Services\u2019 revenues gained 9% from the year-ago quarter to $1.2 billion and missed our estimate of $1.7 billion for the fourth quarter of fiscal 2025. Average worksite employees paid by PEO Services were 761,000, rising 3% from the year-ago quarter. Interest on funds held for clients grew 11% from the year-ago quarter to $308 million and missed our estimate of $342.4 million. ADP\u2019s average client funds balance rose 6% to $38.1 billion. The average interest yield on client funds expanded 20 basis points (bps) to 3.2%. Adjusted EBIT increased 9% on a year-over-year basis to $5.3 billion. The adjusted EBIT margin rose 50 bps to 26%. The margin of Employer Services increased by 50 bps, while PEO Services decreased 20 bps from the year-ago quarter. Automatic Data Processing exited fourth-quarter fiscal 2025 with cash and cash equivalents of $3.3 billion compared with $2.7 billion at the end of the preceding quarter. The long-term debt of $4 billion compared with $3 billion in the preceding quarter. The company generated $1.4 billion in cash from operating activities in the quarter. For fiscal 2025, ADP lowered the revenue growth guidance to 5-6% from the preceding quarter\u2019s view of 6-7%. The adjusted EPS growth guidance is updated to 8-10% from the preceding quarter\u2019s view of 8-9%. The adjusted effective tax rate is estimated to be 23%. The guidance for the adjusted EBIT margin is hiked to 50-70 bps from the previous quarter\u2019s view of 40-50 bps. Automatic Data Processing lowered Employer Services\u2019 revenue growth expectations to 5-6% from the 6-7% provided in the preceding quarter. The guidance for PEO Services is updated to 5-7% from the 6-7% provided in the preceding quarter. ADP carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here. Waste Connections, Inc. WCN reported impressive second-quarter 2025 results. Waste Connections\u2019 adjusted earnings (excluding 17 cents from non-recurring items) of $1.29 per share surpassed the Zacks Consensus Estimate by 3.2% and increased 4% year over year. Revenues of $2.4 billion beat the consensus estimate marginally and grew 7.1% from the year-ago quarter. The Interpublic Group of Companies, Inc. IPG posted impressive second-quarter 2025 results. IPG\u2019s adjusted earnings of 75 cents per share surpassed the Zacks Consensus Estimate by 36.4% and jumped 23% from the year-ago quarter. Revenues before billable expenses (net revenues) of $2.2 billion beat the consensus estimate by a slight margin but declined 19.8% year over year. Total revenues of $2.5 billion decreased 7.2% year over year and outpaced the Zacks Consensus Estimate of $2.2 billion. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Interpublic Group of Companies, Inc. (The) (IPG) : Free Stock Analysis Report Waste Connections, Inc. (WCN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Q2 Advance GDP Ticks in Unexpectedly High Pre-market futures are up slightly this morning, countering the slight selloff we saw during Tuesday\u2019s trading day. Economic news out ahead of the open bounced pre-markets higher momentarily, but currently we\u2019re +20 points on the Dow, +8 on the S&P 500 and +50 points on the Nasdaq. Bond yields crept up a bit following these reports and in anticipation of the Fed meeting this afternoon. Earnings reports ahead of the bell show a few big changes from expectations: Kraft Heinz KHC beat bottom-line earnings estimates by +7.8% to 69 cents per share in the quarter. V.F. Corp. VFC, the parent company of retail brands like Vans, Timberland, North Face and more, posted a slimmer-than-expected bottom-line loss, +31.5%. E-commerce marketplace Etsy ETSY, however, missed the Zacks consensus by -53.7% in the quarter. \u201cJobs Week\u201d continues this Hump Day with private-sector payrolls from Automated Data Processing ADP out this morning, coming in at +104K new private-sector jobs filled in July. This is a nice turnaround from the upwardly revised -23K reported for June, and well ahead of the consensus estimate for a mere +64K. The breakdown of this data more closely resembles the \u201caverage\u201d jobs report of the past, with Goods-producing jobs back up to around +30% of the total, +70% for Services, and the Leisure & Hospitality space leading all industries (+46K new private-sector jobs filled). Financials brought in +28K, Trade/Transportation/Utilities were +18K and Construction +15K. Education & Healthcare was the negative outlier: -38K. Small companies (sub-50 employees) brought in +12K new private-sector jobs, while both medium-sized firms (50-499 employees) and large businesses (over 500) made +46K new hires for the month. Job Stayers averaged out a +4.4% increase, while Job Changers bounced back 20 basis points (bps) month over month to +7.0% \u2014 both metrics having moderated over the past couple years. All in all, a solid month of privater-sector jobs growth. To paraphrase Mark Twain, \u201cThe reports of the death of the U.S. labor force have been greatly exaggerated.\u201d ADP Chief Economist Nela Richardson said in this morning\u2019s report, \u201cHiring and pay data is indicative of a healthy economy.\u201d That said, we do see a strong pullback in jobs growth back to late 2024: the trailing 4-month average ADP jobs growth is +43K; the prior 4-month average is +173K. The first print on Q2 Gross Domestic Product (GDP) outperformed expectations this morning: +3.0% versus the +2.3% anticipated \u2014 a nice bounceback from the -0.5% reported for Q1, and the strongest quarter for jobs growth (prior to pending future revisions) since +3.1% in Q3 of 2024. Meanwhile, the GDP Price Index came in lower than expected at +2.0%, the lowest since Q324, as well. Consumption also bounced back to +1.4% from +0.5% in Q1. Also hotter than expected is the Core PCE Price Index, at +2.5%, 20 bps above expectations and the highest read since Q424. Thus, economic growth \u2014 even with the nightmare beginning to the quarter with the draconian tariff rates announced on April 2nd \u2014 has improved over estimates. Companies had been battening down the hatches in anticipation of a tough tariff climate, and when the storm blew over, they were able to reap the benefits. The big news (that\u2019s really not super-huge) comes out this afternoon, when the latest Federal Open Market Committee (FOMC) meeting concludes with a new monetary policy statement regarding interest rates at 2pm ET. Rates are not expected to change from the +4.25-4.50% in place since December. The economic reports this morning actually bear this out: the economy is growing strong \u2014 without runaway inflation \u2014 at these interest rate levels. The more interesting takeaway will be whether voting members Waller and Bowman \u2014 and any others we may not be aware of \u2014 counter Fed Chair Jerome Powell\u2019s argument for keeping rates steady. Over the past several FOMC meetings, voting members have been unanimous. We expect that to change today, at least somewhat. Q2 earnings season will also experience an eventful afternoon today, when Microsoft MSFT and Meta Platforms META report results after the closing bell. We\u2019ll also hear from Qualcomm QCOM and Ford F, among a bevy of others. Such is life in the heart of earnings season. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F) : Free Stock Analysis Report QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report V.F. Corporation (VFC) : Free Stock Analysis Report Etsy, Inc. (ETSY) : Free Stock Analysis Report Kraft Heinz Company (KHC) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Stock Index Futures Gain Ahead of U.S. GDP Data and Fed Rate Decision, Microsoft and Meta Earnings on Tap September S&P 500 E-Mini futures (ESU25) are up +0.12%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.21% this morning, pointing to a slightly higher open on Wall Street, while investors await the Federal Reserve\u2019s policy decision, a fresh batch of U.S. economic data, including the ADP employment report and the first estimate of second-quarter GDP, as well as earnings reports from \u201cMagnificent Seven\u201d companies Microsoft and Meta. In yesterday\u2019s trading session, Wall Street\u2019s major indexes ended in the red. United Parcel Service (UPS) slumped over -10% and was among the top percentage losers on the S&P 500 after the delivery company reported weaker-than-expected Q2 adjusted EPS and said it would not provide full-year revenue or operating profit guidance due to macroeconomic uncertainty. Also, Brown & Brown (BRO) plunged more than -10% after the company posted weaker-than-expected Q2 organic revenue growth. In addition, UnitedHealth Group (UNH) fell over -7% and was the top percentage loser on the Dow after the company reported weaker-than-expected Q2 adjusted EPS and provided below-consensus FY25 guidance. On the bullish side, Corning (GLW) surged more than +11% and was the top percentage gainer on the S&P 500 after the maker of specialty glass and ceramics reported better-than-expected Q2 results and issued above-consensus Q3 core EPS guidance. Here\u2019s What Happened the Last Time Novo Nordisk Stock Was This Oversold Earnings Will Be \u2018Worse Than Expected\u2019 for UnitedHealth. How Should You Play UNH Stock Here? As SoFi Raises 2025 Guidance, Should You Buy, Sell, or Hold SOFI Stock Here? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. A Labor Department report released on Tuesday showed that U.S. JOLTs job openings fell to 7.437 million in June, weaker than expectations of 7.510 million. At the same time, the U.S. Conference Board\u2019s consumer confidence index rose to 97.2 in July, stronger than expectations of 95.9. In addition, the U.S. May S&P/CS HPI Composite - 20 n.s.a. eased to +2.8% y/y from +3.4% y/y in April, weaker than expectations of +2.9% y/y. \u201cOverall, it was a mixed round of data that has done little to materially challenge the price action or macro narrative,\u201d said Ian Lyngen at BMO Capital Markets. Today, all eyes are focused on the Federal Reserve\u2019s monetary policy decision. The Federal Open Market Committee is widely expected to keep the Fed funds rate unchanged in a range of 4.25% to 4.50%. The decision comes amid intense political pressure, evolving trade policy, and economic cross-currents. Market watchers will follow Chair Jerome Powell\u2019s post-policy meeting press conference for any indication of a greater openness from the central bank to ease policy when it next meets in September. Second-quarter corporate earnings season continues in full force. Investors will be closely monitoring earnings reports today from \u201cMagnificent Seven\u201d companies Microsoft (MSFT) and Meta Platforms (META). Prominent companies like Qualcomm (QCOM), Arm (ARM), Lam Research (LRCX), and Altria (MO) are also scheduled to release their quarterly results today. According to Bloomberg Intelligence, companies in the S&P 500 are expected to post an average +4.5% increase in quarterly earnings for Q2 compared to the previous year, exceeding the pre-season estimate of +2.8%. On the economic data front, investors will focus on the Commerce Department\u2019s first estimate of gross domestic product, set to be released in a couple of hours. Economists, on average, forecast that U.S. GDP growth will stand at +2.5% q/q in the second quarter, compared to the first-quarter figure of -0.5% q/q. The U.S. ADP Nonfarm Employment Change data will also be closely monitored today. Economists expect the July figure to come in at 77K, compared to the June figure of -33K. U.S. Pending Home Sales data will be reported today. Economists forecast the June figure at +0.2% m/m, compared to the previous figure of +1.8% m/m. U.S. Crude Oil Inventories data will be released today as well. Economists expect this figure to be -2.300M, compared to last week\u2019s value of -3.169M. In the bond market, the yield on the benchmark 10-year U.S. Treasury note is at 4.326%, down -0.21%. The Euro Stoxx 50 Index is up +0.28% this morning as investors digest key economic data from the region and fresh corporate earnings reports, while also awaiting the Federal Reserve\u2019s interest rate decision. Energy stocks led the gains on Wednesday, while chemical and automobile stocks lost ground. Preliminary data from Eurostat released on Wednesday showed that the Eurozone economy slowed in the second quarter but demonstrated resilience, signaling a potential rebound in the coming months despite higher U.S. tariffs on its exports. Separately, a survey showed that the Eurozone business sentiment indicator rose to a 5-month high in July. In addition, the European Central Bank\u2019s wage tracker showed on Wednesday that wage growth in the Eurozone will slow significantly this year, reinforcing the bank\u2019s view that excessive inflation has now been brought under control. Meanwhile, earnings projections released on Tuesday showed that the outlook for European corporate health has brightened, following the EU\u2019s trade agreement with the U.S. In corporate news, HSBC Holdings Plc (HSBA.LN) fell over -2% after the lender posted weaker-than-expected first-half pretax profit. Also, Adidas AG (ADS.D.DX) slumped more than -6% after cautioning that higher U.S. tariffs would tack on roughly 200 million euros ($231 million) to its costs in the second half. Germany\u2019s Retail Sales, Spain\u2019s CPI (preliminary), Eurozone\u2019s GDP (preliminary), Eurozone\u2019s Business and Consumer Survey, and Eurozone\u2019s Consumer Confidence data were released today. The German June Retail Sales rose +1.0% m/m, stronger than expectations of +0.5% m/m. The Spanish July CPI rose +2.7% y/y, stronger than expectations of +2.3% y/y. Eurozone\u2019s GDP has been reported at +0.1% q/q and +1.4% y/y in the second quarter, stronger than expectations of no change q/q and +1.2% y/y. Eurozone\u2019s July Business and Consumer Survey stood at 95.8, stronger than expectations of 94.5. Eurozone\u2019s July Consumer Confidence came in at -14.7, in line with expectations. Asian stock markets today settled mixed. China\u2019s Shanghai Composite Index (SHCOMP) closed up +0.17%, and Japan\u2019s Nikkei 225 Stock Index (NIK) closed down -0.05%. China\u2019s Shanghai Composite Index closed higher and hit a 9-month high today as investors found some relief from the prospects that the U.S.-China tariff truce will be extended. U.S. and Chinese officials agreed on Tuesday to seek an extension of their 90-day tariff truce, following two days of what both sides called constructive talks aimed at defusing a trade war that poses risks to global growth. U.S. President Donald Trump is set to make the final decision on extending the truce with China before it expires in two weeks, a move that would signal continued stabilization in relations between the world\u2019s two largest economies. U.S. Treasury Secretary Scott Bessent downplayed any expectations that Trump would reject the extension. Meanwhile, Chinese leaders signaled they would hold off on introducing additional major stimulus for now, as authorities shift their focus to tackling excess capacity in the economy. The ruling Communist Party\u2019s Politburo, China\u2019s top policymaking body, vowed on Wednesday to more effectively implement existing pro-growth measures, according to a readout by state-run Xinhua News Agency. Authorities will tackle excessive competition among enterprises and promote the regulation of overcapacity in major industries, while also tightening oversight of local government investment-attraction practices, according to the readout. The Politburo meeting maintained a cautious policy stance, reaffirming macroeconomic guidance issued in April. \u201cMacroeconomic policies must remain robust and be strengthened when necessary,\u201d it said. In corporate news, Li Auto tumbled over -12% in Hong Kong as investors grew concerned over the pricing of its first all-electric SUV, the Li i8, and rising competition. Japan\u2019s Nikkei 225 Stock Index closed just below the flatline today as investors refrained from making big bets ahead of policy decisions from the Fed and Bank of Japan, along with U.S. President Donald Trump\u2019s tariff deadline. Retail and chip stocks underperformed on Wednesday, while real estate and bank stocks gained ground. On Friday, the majority of U.S. trading partners that have yet to finalize agreements with Washington will be subjected to higher reciprocal tariffs. Maki Sawada, an equities strategist at Nomura Securities, said, \u201cThere are still a lot of uncertainties over tariffs, and that\u2019s going to limit the upside for stocks.\u201d Meanwhile, BofA Global Research lifted its year-end forecast for the Nikkei 225 Index to 43,000 from 40,000. The new forecast reflects the U.S.-Japan trade deal, expectations for Japan\u2019s fiscal expansion, and a favorable supply-demand environment, according to strategists. Investor focus is now on the Bank of Japan\u2019s monetary policy decision. The central bank is widely expected to hold its policy rate steady at 0.5% at its two-day meeting concluding Thursday. Governor Kazuo Ueda\u2019s reaction to the U.S. trade deal will be in focus after his deputy stated that the agreement increased the chances of economic projections being met, a key condition for an additional rate hike. The central bank will also release its quarterly projections for growth and inflation. In other news, Japan\u2019s ruling coalition agreed on Wednesday with four major opposition parties to scrap a provisional gasoline tax as early as this year, yielding to opposition pressure after a major election loss. In corporate news, ANA Holdings slid over -4% after the airline reported a 7.1% drop in Q1 net income. The Nikkei Volatility Index, which takes into account the implied volatility of Nikkei 225 options, closed up +1.45% to 23.04. Pre-Market U.S. Stock Movers Humana (HUM) rose more than +8% in pre-market trading after the health insurer reported stronger-than-expected Q2 results and raised its full-year guidance. Qorvo (QRVO) surged over +9% in pre-market trading after the semiconductor company posted better-than-expected FQ1 results and provided above-consensus FQ2 guidance. LendingClub (LC) jumped over +23% in pre-market trading after the company posted upbeat Q2 results and issued strong Q3 guidance for loan originations and preprovision net revenue. Starbucks (SBUX) climbed more than +4% in pre-market trading after the coffee chain reported better-than-expected FQ3 revenue. Seagate Technology (STX) slumped over -6% in pre-market trading after the data storage company issued soft FQ1 guidance. You can see more pre-market stock movers here Today\u2019s U.S. Earnings Spotlight: Wednesday - July 30th Microsoft (MSFT), Meta Platforms (META), Qualcomm (QCOM), Arm (ARM), Lam Research (LRCX), ADP (ADP), UBS Group (UBS), Trane Technologies (TT), Altria (MO), Robinhood Markets (HOOD), Equinix (EQIX), Illinois Tool Works (ITW), Carvana (CVNA), Canadian Pacific Kansas City (CP), Agnico Eagle Mines (AEM), American Electric Power (AEP), Vertiv Holdings Co (VRT), Public Storage (PSA), Fannie Mae (FNMA), Garmin (GRMN), Ford Motor (F), Kenvue (KVUE), Verisk (VRSK), Entergy (ETR), Hershey Co (HSY), Cognizant (CTSH), Fair Isaac (FICO), Prudential Financial (PRU), eBay (EBAY), DexCom (DXCM), VICI Properties (VICI), WEC Energy (WEC), Old Dominion Freight Line (ODFL), Kraft Heinz (KHC), Extra Space Storage (EXR), Tradeweb Markets (TW), Ventas (VTR), Banco Bradesco (BBD), AvalonBay (AVB), Humana (HUM), American Water Works (AWK), Smurfit Westrock (SW), Western Digital (WDC), PTC (PTC), FirstEnergy (FE), Tyler Technologies (TYL), Check Point Software (CHKP), CGI Inc (GIB), AerCap Holdings NV (AER), Invitation Homes (INVH), Kinross Gold (KGC), Carlisle (CSL), Mid-America Apartment (MAA), Gfl Environmental (GFL), Watsco (WSO), Fortive (FTV), F5 Networks (FFIV), Sun (SUI), Sprouts Farmers (SFM), Bunge (BG), Align (ALGN), Hologic (HOLX), UDR (UDR), Everest (EG), Entegris (ENTG), IDEX (IEX), United Therapeutics (UTHR), Neurocrine (NBIX), Clean Harbors (CLH), Evercore (EVR), Morningstar (MORN), CH Robinson (CHRW), Host Hotels Resorts (HST), Stifel (SF), Pilgrims Pride (PPC), Aurora Innovation (AUR), Penske Automotive (PAG), Alamos Gold (AGI), SCI (SCI), Antero Resources Corp (AR), MGM (MGM), Tetra Tech (TTEK), Confluent (CFLT), Generac (GNRC), OGE Energy (OGE), TIM Participacoes (TIMB), Hess Midstream Partners (HESM), Albemarle (ALB), Murphy USA Inc (MUSA), Antero Midstream (AM), Wingstop Inc (WING), National Fuel Gas (NFG), New Oriental Education&Tech (EDU), Virtu Financial Inc (VIRT), Ionis Pharma (IONS), Federal Signal (FSS), Gates Industrial Corp (GTES), Axalta Coating Systems (AXTA), Etsy Inc (ETSY), Comstock Resources (CRK), MGIC Investment (MTG), The Hanover Insurance (THG), Silgans (SLGN), Modine Manufacturing (MOD), Siteone Landscape Supply (SITE), Cognex (CGNX), Littelfuse (LFUS), Element Solutions (ESI), Q2 Holdings (QTWO), Timken (TKR), Guardant Health (GH), Glaukos Corp (GKOS), SPS Commerce (SPSC), Enact Holdings (ACT), FMC (FMC), Kite Realty (KRG), Bausch + Lomb (BLCO), Option Care Health (OPCH), TTM (TTMI), Merit (MMSI), Axos Financial (AX), VF (VFC), Magnolia Oil (MGY), Radian (RDN), Reynolds (REYN), EPR Properties (EPR), Independence Realty Trust Inc (IRT), Black Hills (BKH), Tenable (TENB), CBIZ (CBZ), Scotts Miracle-Gro (SMG), Cactus (WHD), Newmark Group (NMRK), Impinj (PI), TransMedics (TMDX), Rush Street Interactive (RSI), Hawkins (HWKN), Genworth (GNW), Blackstone Mortgage (BXMT), Hayward Holdings (HAYW), NorthWestern (NWE), Broadstone Net (BNL), MYR Group (MYRG), Blackbaud (BLKB), VSE Corporation (VSEC), Green Brick Partners Inc (GRBK), CVR Energy (CVI), Alkami Technology (ALKT), Harley-Davidson (HOG), FormFactor (FORM), Urban Edge Properties (UE), Methanex (MEOH), Silicon Motion (SIMO), Applied Digital (APLD), The Chefs Warehouse (CHEF). On the date of publication, Oleksandr Pylypenko did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com""]" ADP,2025-07-31,309.32,315.25,308.81,309.48,"[""JPMorgan Adjusts Price Target on Automatic Data Processing to $340 From $295, Maintains Underweight Rating Automatic Data Processing (ADP) has an average rating of hold and mean price target of $324, accordi"", ""Stifel Adjusts Price Target on Automatic Data Processing to $318 From $305, Maintains Hold Rating Automatic Data Processing (ADP) has an average rating of hold and mean price target of $324, accordi"", ""Fed Rate-Cut Odds Slide On Powell Framework; S&P 500 Slips The Federal Reserve maintained its restrictive interest-rate setting on Wednesday as two policymakers registered dissents. The S&P 500 turned lower as Chairman Jerome Powell continued to signal no rush to cut rates. The Fed policy update followed a stronger-than-expected Q2 GDP report, though the data wasn't as strong below the surface and core inflation slightly topped forecasts."", ""Sector Update: Financial Stocks Retreat Late Afternoon Financial stocks were weaker late Wednesday afternoon, with the NYSE Financial Index shedding 0.8% a"", ""Morgan Stanley Lifts Price Target on Automatic Data Processing to $311 From $310, Keeps Equalweight Rating Automatic Data Processing (ADP) has an average rating of hold and mean price target of $324, accordi"", ""Baird Adjusts Price Target on Automatic Data Processing to $325 From $324, Maintains Neutral Rating Automatic Data Processing (ADP) has an average rating of hold and mean price target of $324, accordi"", ""TD Cowen Adjusts Price Target on Automatic Data Processing to $317 From $318, Maintains Hold Rating Automatic Data Processing (ADP) has an average rating of hold and mean price target of $324, accordi"", ""Jefferies Adjusts Price Target on Automatic Data Processing to $315 From $305, Maintains Hold Rating Automatic Data Processing (ADP) has an average rating of hold and mean price target of $324, accordi"", ""No Rate Cuts\u2026 but Two Dissents This afternoon, the Federal Reserve held the fed funds target rate steady at 4.25% \u2013 4.50% as was widely expected. Also expected \u2013 but highly unusual \u2013 were the dissents from Fed governors Christopher Waller and Michelle Bowman. This is the first time in more than three decades that two governors have dissented. In Federal Reserve Chairman Jerome Powell\u2019s live press conference, he played all his greatest hits: references to uncertainty\u2026 upcoming policy decisions being data dependent\u2026 the need to balance the dual mandate\u2026 and so on. InvestorPlace - Stock Market News, Stock Advice & Trading Tips When asked if the agreed upon trade deals have provided enough data for the Fed to better forecast inflation, he hedged\u2026 When asked about a cut in September, he demurred\u2026 And when asked if tariffs have been in place long enough to see their impact, he waffled and said it\u2019s \u201cearly days.\u201d Here\u2019s a brief selection of what Powell was willing to say: Waller and Bowman will lay out their reasoning for dissent in the coming days We\u2019re not seeing weakening in the labor market, but there is downside risk Private sector job openings are down but so too are job seekers \u2013 at least in part due to tighter immigration enforcement \u2013 so the labor market remains balanced The consumer is in good shape but is no longer spending rapidly The effects of tariffs on the consumer are not going to be zero The Fed will achieve its dual mandate of price stability and maximum employment \u2013 Powell just hopes they do it efficiently The Fed Chair said it will come down to the \u201ctotality of the evidence\u201d and that \u201cwe have made no decisions about September.\u201d Whether the Fed cuts or not, legendary investor Louis Navellier believes they should. Let\u2019s go to his Accelerated Profits Weekly Issue from yesterday (I\u2019ll get to his response to today\u2019s decision soon): There are a few factors that should push a rate cut in September. First, inflation has moderated. Inflation has come in below economists\u2019 consensus estimate for five consecutive months. So, Fed Chair Jerome Powell\u2019s fears of the inflation bogeyman have been unfounded. Building on Louis\u2019 point, even if we do see a flare-up in prices, why are we to believe it would represent an ongoing price acceleration throughout the economy rather than a one-time price bump on select, tariff-affected goods? We dug into this issue in our July 21 Digest. Put simply, price increases caused by tariffs are different in nature and origin from those driven by traditional inflation dynamics. From that Digest: A one-time tariff-based price increase doesn\u2019t qualify as the kind of \u201cinflation\u201d that Powell & Co. are there to address through policy. Tariff-based price changes don\u2019t stem from an overheated economy or excessive money chasing limited goods. They happen once \u2013 then buyers either change their behavior (buying a non-tariffed brand) or they accept the new, static higher price for that specific good. Either way, that new, tariff-impacted price doesn\u2019t suddenly suffer from a new, higher inflation rate. Theoretically, its inflation rate should be the same as it was prior to that one-time price bump. Below is the visual we provided to illustrate. One-time tariff-related price increases are on the left; the traditional inflation dynamic is on the right. Now, because inflation has a huge psychological component, there is a risk: Consumers might see higher prices from tariffs, get confused about their origin, and then expect even higher prices to come, initiating the vicious inflation cycle. This appears to be what Powell is concerned about \u2013 but that\u2019s not happening today\u2026 We have two recent pieces of data supporting this. First, there\u2019s the University of Michigan\u2019s Consumer Sentiment Survey for July from two weeks ago, that showed tumbling inflation expectations. From CNBC: Consumers\u2019 worst fears about tariff-induced inflation have receded\u2026 The outlook at the one- and five-year horizons both tumbled, falling to their lowest levels since February, before President Donald Trump made his \u201cliberation day\u201d tariff announcement on April 2. Second, there\u2019s the Conference Board that reported more good news yesterday. Here\u2019s MarketWatch: Consumer confidence rebounded modestly in July as Americans expected higher stock prices and easing inflation\u2026 Their average 12-month inflation expectations eased slightly to 5.8% in July from a peak of 7% in April. Yes, inflation expectations could flare back up, but the data tell us that \u2013 right now \u2013 they aren\u2019t a problem. Here\u2019s Powell from his press conference: A reasonable base case is that the effects on inflation could be short\u2011lived, reflecting a one\u2011time shift in the price level. But it is also possible that the inflationary effects could instead be more persistent, and that is a risk to be assessed and managed. While that sounds balanced, Powell\u2019s subsequent comment (and refusal to cut rates) shows what he really feels \u2013 we\u2019re at greater risk of persistent inflation. Back to Powell: Our obligation is to keep longer-term inflation expectations well-anchored, and to prevent a one-time increase in the price level from becoming an ongoing inflation problem. Let\u2019s return to his Accelerated Profits Weekly Issue: Second, there\u2019s a soft labor market\u2026 Fed Governor Christopher Waller recently appeared on Bloomberg TV and laid out the case for why the Fed should cut key interest rates to support the labor market. Specifically, Waller said the U.S. economy\u2019s momentum has slowed significantly, and he expects it to \u201cremain soft\u201d for the rest of 2025. We covered Waller\u2019s speech here in the Digest. Let\u2019s go to his remarks for additional detail: While the labor market looks fine on the surface, once we account for expected data revisions, private-sector payroll growth is near stall speed, and other data suggest that the downside risks to the labor market have increased. With inflation near target and the upside risks to inflation limited, we should not wait until the labor market deteriorates before we cut the policy rate. For Louis\u2019 third reason, he points toward falling global interest rates: The Bank of England and European Central Bank both have continued to cut key interest rates this year and have a couple more rate cuts on the docket in the upcoming months\u2026 As interest rates continue to collapse, economic data continues to soften and inflation remains tame, the Fed has no choice but to cut key interest rates. Less than enthused. From Louis in today\u2019s Accelerated Profits Flash Alert: The Fed Lives in a delusional world. They are saying that the economy is definitely weakened\u2026but it\u2019s not time to cut rates yet. They\u2019re arguing the labor department\u2019s very strong\u2026even though a lot of that was seasonal adjustments. So, I think there\u2019s a problem there. Here\u2019s what\u2019s really going on, folks. The Fed lives in a delusional world.They\u2019re not reading the data. Inflation has come in below economic expectations for five straight months. Now, Louis did say that the Fed will be cutting rates in September. He expects a vocal minority opposing it, but they\u2019ll cut. Back to Louis: The Fed has to cut six times. So, they obviously have to start cutting in September, cut again in December and cut another four times next year. That\u2019s what they have to do. The federal funds rate has to get to 3%. I know Trump asked for 1%, but they have to get to 3%. Futures traders aren\u2019t so sure \u2013 at least for September\u2026 As I write in the wake of today\u2019s announcement, the CME Group\u2019s FedWatch Tool shows that a cut in September is basically a coinflip. As you can see below, while traders put 45% odds on a quarter-point cut, 55% odds go to holding rates steady \u2013 again. Source: CME Group What\u2019s most fascinating is that just yesterday, those 55% odds clocked in at only 35.4% odds. Clearly traders interpreted Powell as hawkish today. So, plenty of big questions going forward. We\u2019ll keep you updated as we hear more from Louis, the dissenting Fed governors, and Powell. The FOMC meeting wasn\u2019t the only news of the day. We also got an updated GDP print, details of the new tariff on India, and the ADP jobs report. Beginning with the economy, the Commerce Department\u2019s advance estimate showed that U.S. real GDP grew at an annualized 3.0% pace last quarter. That\u2019s a strong rebound from the \u20110.5% contraction in Q1 2025. However, this upside surprise was driven largely by a sharp drop in imports as businesses front\u2011loaded inventories ahead of tariff hikes. Zeroing in on consumers, while they\u2019re not rolling over, neither are they out there spending up a storm. Here\u2019s Mark Zandi, chief economist at Moody\u2019s Analytics: You abstract from all of the tariff-related ups, downs and arounds, and the underlying story is that the economy is struggling. The economy has significantly throttled back this year\u2026 Consumer spending was very strong coming out of the pandemic. But since December, it\u2019s flatlined. The American consumer may not be pulling back, but they are certainly sitting on their hands. Let\u2019s take this as a mixed win. GDP is strong but the most important driver \u2013 consumer spending \u2013 has fragile momentum. Moving on to tariffs, President Trump announced via Truth Social that starting Friday (the August 1 deadline), a 25% tariff will be imposed on Indian exports. As to why, Trump pointed toward trade imbalances, India\u2019s high non\u2011monetary trade barriers, and its continued purchase of Russian weapons and energy. Now, India isn\u2019t a huge trading partner for the U.S., but the relationship is strategically important. So, the tariff seems to be more about geographic/political leverage given India\u2019s trading relationship with Russia. We\u2019ll see whether this move ultimately strengthens relations with the U.S. or pushes India closer to the BRICS nations. Finally, ADP reported that private-sector employers added 104,000 jobs in July. This was a sharp reversal from a revised 23,000-job loss in June and well above the forecast of about 75,000 jobs. It was also the largest monthly gain since March. From ADP\u2019s Chief Economist Dr. Nela Richardson: Our hiring and pay data are broadly indicative of a healthy economy. Employers have grown more optimistic that consumers, the backbone of the economy, will remain resilient. While we\u2019re encouraged, what really matters is the official U.S. employment report on Friday. Forecasters are looking for growth of 100,000 jobs. We\u2019ll report back. Last week, Keith Kaplan, CEO of our corporate partner, TradeSmith, and Louis hosted an online briefing to profile TradeSmith\u2019s seasonality tool. Here\u2019s Keith with some background: For the past three years, we\u2019ve been developing software that can spot hidden seasonality patterns in the stock market. The basic idea is that certain price trends repeat year after year, regardless \u2013 not unlike the nature\u2019s seasons. Stocks don\u2019t have summers and winters exactly. But we\u2019ve been able to identify consistent, repeating cycles in stocks, currencies, and even commodities like oil and soybeans\u2026 These patterns are hard for humans to see. But our software reviews decades of market history for thousands of stocks, indexes, and commodities\u2014to pinpoint the moments when prices tend to turn, down to the calendar day. To give you an illustration of how it works, let\u2019s look at the S&P. The seasonality tool has flagged a major regime change \u2013 beginning now. As you can see in the chart below, we\u2019ve just wrapped up one of the tool\u2019s green seasonal windows when the index has historically risen, year after year. But I\u2019ve circled what comes next\u2026 Back to Keith for the details: We have gotten a top around July 28. Then the market has stumbled before bottoming out in October. Over the past 15 years, the S&P 500 has had an average return of -1.6%, falling as much as 15% during this window. But it does suggest three responses: Be ready for pullbacks and don\u2019t let them shake you out of your high-conviction, long-term positions Limit your bullish short-term trades to only those stocks that, historically, have shown they can climb during this historically weak season Get cash ready to plow into to your high-conviction holds when they near their seasonal lows in the upcoming months The seasonality tool can be a huge help with all three action steps. To see how with Keith and Louis, click here to catch the free replay of their broadcast from last week. I\u2019ll add that this is last call \u2013 the replay goes down tonight. We\u2019ll keep you updated on all these stories here in the Digest. Have a good evening, Jeff Remsburg The post No Rate Cuts\u00e2\u0080\u00a6 but Two Dissents appeared first on InvestorPlace."", ""Morgan Stanley Adjusts Price Target on Automatic Data Processing to $311 From $310, Maintains Equalweight Rating Automatic Data Processing (ADP) has an average rating of hold and mean price target of $324, accordi"", ""Sector Update: Financial Financial stocks fell in late Wednesday afternoon trading with the NYSE Financial Index shedding 0.8"", ""Sector Update: Financial Stocks Mixed Wednesday Afternoon Financial stocks were mixed in Wednesday afternoon trading, with the NYSE Financial Index fractional""]" ADP,2025-08-01,308.0,308.0,299.56,300.44,"[""US labor market adds 73,000 jobs in July while May, June reports see 'larger than normal' downward revisions The latest monthly jobs report showed the US labor market added fewer jobs than expected in July while the unemployment rate moved higher, and revisions to prior months' numbers revealed significantly fewer jobs had been added than initially thought. The US economy added 73,000 nonfarm payrolls in July, less than the 104,000 expected by economists. The unemployment rate moved up to 4.2% from 4.1% the month prior, in line with economists' expectations. In its release, the BLS said downward revisions to the May and June jobs reports \""were larger than normal,\"" with those changes showing more than a quarter million fewer jobs were added to the economy over those months. May's job gains were revised down to 19,000 from 144,000, while June's additions were cut to just 14,000 from the 147,000 initially reported. \""The July jobs report was much weaker than expected and raises the odds of a Fed rate cut in September,\"" Oxford Economics lead economist Nancy Vanden Houten wrote in a note to clients. \""The increase in nonfarm payrolls in July was softer than anticipated but the real story was the revisions that wiped out nearly all the job gains in May and June.\"" Average hourly earnings in July rose 3.9% over the past year and 0.3% over the prior month. Economists expected wages to rise 0.3% over the past month and 3.8% over the prior year. Meanwhile, the labor force participation rate fell to 62.2% from 62.3% the month prior. The latest labor market data was released just two days after the Federal Reserve opted to hold interest rates steady at its July meeting. Fed Chair Jerome Powell described the labor market as \""solid\"" and pointed to a \""historically low\"" unemployment rate as a key metric to watch when assessing the health of the jobs picture in America. Powell admitted job creation has shown slowing, but that has come with a decrease in labor supply due to less immigration, therefore keeping the broad labor market picture in balance. Read more: How jobs, inflation, and the Fed are all related Following Friday's jobs report, the probability of a September interest rate cut from the Fed surged to 67%, up from just 38% the day prior, per the CME FedWatch Tool. \""The clear loss of hiring momentum in this report will embolden the FOMC doves, raising the chance of a September cut,\"" Capital Economics North America economist Thomas Ryan wrote in a note to clients. Recent data has also reflected signs of the labor market slowing. On Wednesday, data from ADP showed private payrolls grew by 104,000 in July, above the 75,000 expected by economists and a rebound from the 23,000 job losses seen in June. But as the chart below shows, overall hiring momentum has slowed in the private sector in recent months. \""We are in a labor market that has recalibrated to a lower average level,\"" ADP chief economist Nela Richardson told Yahoo Finance on a call with reporters. \""The good news here is that that level is still solid enough to support the consumer, and that ultimately will be the tried-and-true test of the health of the labor market. Will consumers keep spending?\"" Elsewhere in labor market data, new data from the Bureau of Labor Statistics showed 7.44 million jobs open at the end of June, a decrease from the 7.71 million seen the month prior. The hiring rate ticked lower to 3.3% from the 3.4% seen the month prior and stood at its lowest level since November 2024. Josh Schafer is a reporter for Yahoo Finance. Follow him on X @_joshschafer. Click here for the latest economic news and indicators to help inform your investing decisions Read the latest financial and business news from Yahoo Finance"", ""July US Nonfarm Payrolls Expected to Rise by Only 105,000, Unemployment Rate Rising to 4.2%. US nonfarm payrolls are expected to rise by 105,000 in July after an increase of 147,000 jobs in Jun"", ""Argus Adjusts Price Target on Automatic Data Processing to $345 From $340 Automatic Data Processing (ADP) has an average rating of hold and mean price target of $324, accordi""]" ADP,2025-08-04,300.55,303.09,300.37,302.26,"The Nashville area is one of the top metro areas college grads are flocking to. Here's why More college graduates are finding jobs in the Nashville Metro Area than other U.S. metros, according to a new study from payroll-services provider ADP. In a July report, ADP determined the best U.S. metros in the country for job-seeking grads using payroll data of over 140,000 people age 20 to 29 at more than 27,000 employers in 55 metro areas with at least one million residents. Metros were ranked by annual wages, hiring rates and affordability. Among the 55 metro areas ADP analyzed, hiring rates ranged from 1.8% in Salt Lake City to 4.2% in Raleigh, North Carolina, with more than half exceeding 2.5%. Raleigh claimed the top spot, driven by a steady influx of newcomers drawn to its steady job market, affordable cost of living and strong hiring activity. Here's how Nashville ranked. The report ranked the Nashville Metro Area, which includes Nashville, Davidson, Murfreesboro, and Franklin, at No. 7, just behind the Denver-Aurora-Lakewood area in Colorado. According to ADP, the annual wage estimate for the Nashville Metro Area stands at $52,389. When adjusted for the region’s cost of living, 1.03 times the national average, the affordability-adjusted annual wage rises to $53,771. The area also shows a healthy hiring rate of 2.6%, rising above metros in Arizona, Florida, New York, New Jersey, and Pennsylvania. To identify the best U.S. metro areas for college graduates entering the workforce, ADP analyzed 55 metro areas with populations over one million. The analysis focused on three key factors: annual wages, hiring rates, and affordability. ADP began by mapping job titles to the Department of Labor’s Occupational Information Network (O*NET) Job Zones, which assess the education, experience and training required for various roles. The study specifically looked at workers aged 20-29 in jobs that typically require a bachelor’s degree or higher. For wages, ADP estimated the median annualized earnings for this group over the 12 months ending in April 2025, then calculated the median of those monthly medians by metro area. Hiring rates were determined by dividing the number of new hires in this age group by the total number employed in qualifying jobs, yielding a monthly hiring rate expressed as a percentage. Affordability was assessed using the Metro Area Regional Price Parity (MARPP) index from the U.S. Bureau of Economic Analysis, which compares local costs to the national average. ADP adjusted wages by dividing them by MARPP to reflect cost-of-living differences. To make the three metrics comparable, each metro was assigned a percentile rank for wages, hiring and affordability. These rankings were then averaged to produce a final score, with higher percentiles indicating stronger performance. Diana Leyva covers trending news and service journalism for the Tennessean. Contact her at Dleyva@gannett.com or follow her on X at @_leyvadiana This article originally appeared on Nashville Tennessean: Nashville ranked among the top 10 cities for job seeking college grads" ADP,2025-08-05,302.18,302.89,299.29,299.44, ADP,2025-08-06,300.585,302.46,298.66,301.64,"Dayforce beats quarterly revenue estimates on steady software demand (Reuters) -Dayforce on Wednesday beat Wall Street expectations for second-quarter revenue and raised its annual revenue forecast, benefiting from resilient spending on its cloud-based human capital management (HCM) software. Demand for the company's software services has been stable as more enterprises increased their use of artificial intelligence and cloud-based platforms to run day-to-day operations. However, some analysts have warned that moderating employment trends and rising concerns about a deteriorating labor market could hit the HCM industry, as companies pull back spending due to the aggressive U.S. tariffs. Dayforce's shares have fallen more than 26% this year, underperforming larger peers such as Paycom and Automatic Data Processing. U.S. employment growth was weaker than expected in July, while the nonfarm payrolls count for the prior two months was revised down by a massive 258,000 jobs, suggesting a sharp decline in labor market conditions. Dayforce's second-quarter revenue of $464.7 million surpassed analysts' average estimate of $457.8 million, according to data compiled by LSEG. The company raised its annual revenue forecast to a range of $1.94 billion to $1.96 billion, from its prior expectation of $1.93 billion to $1.94 billion. It expects third-quarter revenue of $476 million to $486 million, compared with estimates of $483.2 million. The company reported net income of 13 cents per share for the second quarter, compared with a loss of 1 cent per share a year ago. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Shreya Biswas)" ADP,2025-08-07,303.68,305.77,301.58,303.49,"[""ADP Declares Regular Quarterly Dividend ROSELAND, N.J., Aug. 6, 2025 /PRNewswire/ -- The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) has declared a regular quarterly dividend of $1.54 per share payable October 1, 2025 to shareholders of record on September 12, 2025. About ADP (Nasdaq: ADP) ADP has been shaping the world of work with innovation and expertise for more than 75 years. As a global leader in HR and payroll solutions, ADP continuously aims to solve complex business challenges for our clients and their workers. Always Designing for People means ADP focuses on people, leveraging our unparalleled data insights and innovative technology to elevate human potential. More than 1.1 million clients across 140+ countries trust ADP's unique expertise and exceptional service to support their people and drive their businesses forward. Learn more at ADP.com. ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc. Copyright \u00a9 2025 ADP, Inc. All rights reserved. ADP - Investor Relations Investor Relations Contacts: Matthew Keating, CFA 973.974.3037 Matthew.Keating@adp.com ADP - Media Media Contact: Allyce Hackmann 201.400.4583 Allyce.Hackmann@adp.com View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-declares-regular-quarterly-dividend-302523532.html SOURCE ADP - IR"", ""Millennials have abandoned these 7 boomer habits that made them the richest generation yet \u2014 plus what they do instead Boomers have amassed a lot of wealth over the years \u2014 indeed, they\u2019re considered the wealthiest generation to have ever lived. About 73% of wealth in the U.S. is owned by Americans over 55 (including boomers and the Silent Generation), according to Federal Reserve data. So why doesn\u2019t their financial advice make sense to millennials? For boomers (those born between 1946 and 1964), \u201ca unique historical situation \u2014 strong economic growth, affordable housing markets and booming equity markets \u2014 allowed them to build up a handsome fortune,\u201d according to an Allianz report. But millennials have had a \u201crougher ride,\u201d says the report, since \u201cthey were hit by one crisis after another.\u201d So what worked for boomers may simply not apply in today\u2019s world \u2014 and that could be why there are some money habits that millennials just don\u2019t get. Here are seven of them. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 \u2014 and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement \u2014 what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Robert Kiyosaki warns of a 'Greater Depression' coming to the US \u2014 with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in \u2018great wealth\u2019. How to get in now Why rent when you can buy? For many boomers, \u201cadulting\u201d meant buying a house. Renting was seen as throwing money away. According to a survey by Clever Real Estate, \u201cmore than three-quarters of boomer homeowners (76%) [are] primarily credit owning their homes for their financial security, while 86% say owning leads to a more stable home life.\u201d But when boomers began adulting, homeownership was well within reach. The average millennial entering their 30s faces a 53% higher home-price-to-income ratio than the average boomer did at that age, according to Home Bay. \u201cIn 1988, when the average boomer turned 33, the median home sale price was $110,000. The median household income was $27,230 without adjusting for inflation,\u201d Home Bay reported. Millennials, on the other hand, are faced with high home prices and mortgage rates (relative to income), which in many cases is pricing them out of the market \u2014 especially during a time of job instability and economic uncertainty. For millennials, renting may be their only option at the moment \u2014 but some may also choose to rent. For example, instead of putting money aside for a down payment, they may want to invest that money in index funds rather than home equity. Or they may prefer the simplicity and flexibility of renting. Many boomers keep a portion of their retirement savings in \u201csafe,\u201d but low-yield, accounts, such as certificates of deposit (CDs). Some may even leave their money in a traditional savings or checking account (or even cash), since they don\u2019t want to gamble with their money. Perhaps it\u2019s because, about four decades ago, CDs had an average percentage yield (APY) of more than 11% for a one-year term. That\u2019s pretty much impossible these days. Instead, returns on that \u201csafe\u201d account may not outpace inflation, meaning the money loses its purchasing power over time. Millennials came of age as the internet did, so it makes sense that they may be more comfortable with online and mobile tools to manage their money, including looking for the best savings rates and investment opportunities. The average Social Security retirement benefit reached an all-time high of $2,002.39 in May 2025, according to Social Security Administration (SSA) data. So it makes sense that many boomers would rely on their Social Security benefit and/or pension plan for a comfortable retirement. For millennials, however, pensions are few and far between. Back in 1978, the Revenue Act of 1978 introduced 401(k)s, which eventually started to replace pensions. Today, only about 15% of private employers offer a pension. There\u2019s also uncertainty around the future of Social Security, with potential cuts to benefits if nothing changes by 2034. Millennials may be more likely to build a retirement plan based on a mix of retirement savings tools, including 401(k)s, Roth IRAs and brokerage accounts. With uncertainty around Medicare and Medicaid, they may also want to consider health savings accounts and long-term care insurance. Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. Subscribe now. Older generations may view job-hopping by younger generations as a lack of commitment. In their time, loyalty to one company often meant job security and career advancement \u2014 and perhaps an early retirement with a decent pension. But for younger generations, the job market is being continually disrupted \u2014 particularly by technology. Millennials are the generation most likely to switch jobs, according to a Gallup report, and six in 10 are open to new job opportunities. And this strategy is paying off for millennials. Data from ADP found that Americans who switch jobs see pay gains nearly double of those who don\u2019t. Americans spend a monthly average of $122 on cable and internet. Boomers are more likely to spend money on cable TV, even if they don\u2019t watch all of the channels they pay for. That\u2019s not to say they aren\u2019t embracing digital media (they are) \u2014 but they haven\u2019t cut the cord on cable, either. Millennials are the cord-cutting generation. Not only can they watch what they want, when they want \u2014 without ads \u2014 streaming services are much cheaper than cable packages. However, with a plethora of streaming services available, some may end up paying as much as a typical cable package. While the average American has 4.5 subscriptions to streaming services, millennials are the \u201csubscription champs,\u201d according to a Bango report. Millennials typically have between six to 11 subscriptions and they\u2019re the most likely to spend more than $100 per month on those subscriptions. Financial topics were once considered taboo \u2014 you just didn\u2019t talk about money at the dinner table (or any other time). Indeed, more than half (56%) of Americans say their parents never discussed money with them, according to a Fidelity survey. But that\u2019s changing. Younger generations are more open to discussing everything from how much money they\u2019re making to their investment strategies. Thanks to social media and TikTok money talks, financial discussions are less taboo \u2014 even if millennials may still struggle to talk about money with their parents. Boomers are more likely to seek professional advice on financial matters, with 39% of boomers saying they would turn to a professional first if they had questions about their finances, according to the 2024 Policygenius Financial Planning Survey. Younger generations often turn to other sources for financial advice, from online resources and robo-advisors to social media influencers. But this is one area where millennials may be starting to follow in their parents\u2019 footsteps. Some millennials are now turning to traditional advisors for more complex financial decisions, such as investments and retirement planning. About a quarter (26%) of millennials say they\u2019ve received advice from a financial advisor for the first time within the last year, according to findings from Northwestern Mutual\u2019s 2025 Planning & Progress Study. While boomers and millennials may not agree on everything \u2014 especially when it comes to money matters \u2014 it seems they do agree on having a plan for financial wellbeing. Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan \u2018works every single time\u2019 to kill debt, get rich in America \u2014 and that \u2018anyone\u2019 can do it Here are 5 simple ways to grow rich with real estate if you don\u2019t want to play landlord. And you can even start with as little as $10 Rich, young Americans are ditching the stormy stock market \u2014 here are the alternative assets they're banking on instead Here are 5 \u2018must have\u2019 items that Americans (almost) always overpay for \u2014 and very quickly regret. How many are hurting you? This article provides information only and should not be construed as advice. It is provided without warranty of any kind.""]" ADP,2025-08-08,304.13,306.826,303.62,305.81, ADP,2025-08-11,304.755,306.94,302.5,303.72,"ADP® Lyric HCM Wins Top HR Product of 2025 Award By HR Executive Award Recognition: Named Top HR Product of 2025 by HR Executive for AI-powered, human-centered HCM innovation Native AI Capabilities: Features ADP Assist delivering proactive insights, intelligent workflows, and personalized employee experiences throughout the platform Enterprise Solution: Designed for borderless work environments with rapid implementation and global adaptability for large organizations ROSELAND, N.J., Aug. 11, 2025 /PRNewswire/ -- ADP®, a global leader in HR and payroll solutions, announced that Lyric has been recognized as a Top HR Product of 2025 by HR Executive. The company will be honored on Monday, September 15, 2025, during the inaugural HR Icons Awards Evening at HR Tech 2025. The annual Top HR Products competition, organized by HR Executive and HR Tech, is designed to showcase notable solutions introduced over the last year. Reviewed by a panel of esteemed judges, each product submission is evaluated based on its level of innovation, value added to the HR function, overall user experience, ability to deliver on its promises, and effective integration, customization and analytics capabilities. Sreeni Kutam, president global product and innovation of ADP, says: ""With Lyric, we set out to reimagine what HCM can be. We listened to our clients and built a platform that is as dynamic as the people and businesses it supports. From personalized guidance to global adaptability, Lyric is helping organizations thrive in a world where work knows no boundaries."" ADP Lyric HCM brings together trusted data, AI, and automation to help enterprise organizations redefine how they work. With ADP Assist integrated throughout the platform, Lyric delivers proactive insights, intelligent workflows, and personalized experiences that reduce practitioner overhead and empower employees with a full-suite human capital management solution. ""The best HR technologies are products that help HR leaders address current and future needs,"" adds longtime Top Products judge Steve Boese. ""These solutions enable HR to be both proactive and strategic, allowing them to solve real challenges and empower their teams in the process. Lyric is exactly the type of innovation this award was created to celebrate."" The solution was engineered specifically for enterprise organizations needing HCM platforms that adapt quickly, deliver trustworthy insights for confident decision-making, and support employees with personalized, end-to-end experiences. Solution Components ADP Lyric HCM delivers: ADP Lyric HCM's flexible, intelligent, and human platform enables client outcomes with: A unified, global HCM platform to meet the HR, payroll, talent, and workforce management needs of enterprise organizations ADP Assist AI capabilities providing proactive insights and intelligent experiences Automated workflows that reduce administrative overhead for HR practitioners Flexible position management and organizational structures Global adaptability supporting boundary-free work environments AI-enabled implementation tools accelerating client value realization Attendees of HR Tech 2025 can learn more about ADP and its award-winning Lyric HCM by visiting Booth No. 4620. For more information, visit adp.com/lyric About HR Executive Established in 1987, HR Executive is the premier global media company covering strategic issues in HR. Part of the Arc network, HR Executive provides more than 220,000 subscribers with news, content and analysis of global HR trends. HR Executive is where HR professionals go when they need to know, providing in-depth coverage on all facets of human resource management, including recruiting, talent acquisition, compensation and benefits, learning and development, employment law, talent management, the latest technologies and more. Visit hrexecutive.com. About HR Tech HR Tech is the industry's premier event series showcasing breakthrough HR technologies, with its flagship U.S. conference serving as its cornerstone since 1997. HR Tech in the U.S. features the world's largest expo of innovative HR solutions, live product demonstrations and the industry's preeminent startup competition. The HR Tech portfolio has expanded globally with additional annual events in Europe and Asia, creating a worldwide network of innovation hubs that shape the future of work. HR Tech is part of the event arm of HR Executive, a prestigious global media company established in 1987 that delivers news, content and analysis of strategic HR trends to more than 220,000 subscribers worldwide. The synergy between the events and media channels enables the brands to create a comprehensive knowledge ecosystem that addresses all aspects of human resource management, establishing the organization as the definitive authority for visionary HR leaders. Visit www.HRTechConference.com to learn more. About ADP (NASDAQ: ADP) ADP has been shaping the world of work with innovation and expertise for more than 75 years. As a global leader in HR and payroll solutions, ADP continuously aims to solve complex business challenges for our clients and their workers. Always Designing for People means ADP focuses on people, leveraging our unparalleled data insights and innovative technology to elevate human potential. More than 1.1 million clients across 140+ countries trust ADP's unique expertise and exceptional service to support their people and drive their businesses forward. Learn more at ADP.com ADP, the ADP logo, and Always Designing for People, are trademarks of ADP, Inc. All other marks are the property of their respective owners. Copyright © 2025 ADP, Inc. All rights reserved. View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-lyric-hcm-wins-top-hr-product-of-2025-award-by-hr-executive-302526486.html SOURCE ADP, Inc." ADP,2025-08-12,303.52,304.2,299.01,299.63, ADP,2025-08-13,299.87,305.1,299.73,304.95,"[""5 Revealing Analyst Questions From ADP\u2019s Q2 Earnings Call Automatic Data Processing\u2019s second quarter results were characterized by steady revenue growth and stable operating margins. Management attributed the quarter\u2019s performance to continued momentum in its Next Gen product suite, expanding AI-driven features, and strengthening client retention across both small business and enterprise segments. CEO Maria Black pointed to \u201cbroad-based\u201d improvements in client satisfaction and retention, especially as enhancements to the Lyric platform and the integration of WorkForce Software began to pay off. Management acknowledged that Employer Services bookings in HR Outsourcing were softer than anticipated, largely due to delayed decision-making among larger clients, but emphasized strong pipelines moving into the next quarter. Is now the time to buy ADP? Find out in our full research report (it\u2019s free). Revenue: $5.13 billion vs analyst estimates of $5.03 billion (7.5% year-on-year growth, 1.9% beat) Adjusted EPS: $2.26 vs analyst estimates of $2.23 (1.5% beat) Adjusted EBITDA: $1.33 billion vs analyst estimates of $1.34 billion (25.9% margin, 0.6% miss) Revenue Guidance for Q3 CY2025 is $5.10 billion at the midpoint, roughly in line with what analysts were expecting Operating Margin: 23.5%, in line with the same quarter last year Worksite Employees: 764,000, up 8,000 year on year Market Capitalization: $121.4 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Bryan C. Bergin (TD Cowen) asked about the underperformance in Employer Services HR Outsourcing bookings and whether the pipeline was at risk of cancellations. CEO Maria Black clarified that most deals were delayed, not lost, and the pipeline remains healthy. Ramsey Clark El-Assal (Barclays) sought details on pricing trends and retention outperformance. CFO Peter Hadley noted pricing remains elevated compared to pre-pandemic levels, and retention gains were broad-based, especially among small businesses. Mark Steven Marcon (Robert W. Baird) questioned the impact of integrating WorkForce Software and the expected lift from rolling out Next Gen Workforce Now in the mid-market. Black and Hadley responded that both initiatives are contributing to bookings and client satisfaction, with ongoing expansion planned. Scott Darren Wurtzel (Wolfe Research) inquired about the drivers behind the growth in zero-margin pass-through revenue in the PEO segment. Hadley explained that health insurance inflation and a moderation in wage growth are key contributors. David Paige Papadogonas (RBC Capital Markets) asked about the direct contribution of AI to margins and ongoing investments. Hadley stated that while real productivity gains are being realized, the company remains in a net investment position as it continues to deploy new generative AI capabilities. Looking forward, the StockStory team will be tracking (1) the pace of adoption for Lyric and Next Gen Payroll across new and existing client segments, (2) the contribution of embedded payroll partnerships and international expansion to bookings growth, and (3) the realization of operational efficiencies from AI investments. Execution on integrating recently acquired businesses and maintaining high client retention will also be critical in assessing ADP\u2019s trajectory. ADP currently trades at $300, down from $308.83 just before the earnings. Is there an opportunity in the stock?The answer lies in our full research report (it\u2019s free). When Trump unveiled his aggressive tariff plan in April 2025, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that\u2019s already erased most losses. Don\u2019t let fear keep you from great opportunities and take a look at Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here."", ""ADP Q2 Deep Dive: Product Investments, AI Momentum, and International Expansion Shape Outlook Payroll and HR services provider Automatic Data Processing (NASDAQ:ADP) reported revenue ahead of Wall Street\u2019s expectations in Q2 CY2025, with sales up 7.5% year on year to $5.13 billion. The company expects next quarter\u2019s revenue to be around $5.10 billion, close to analysts\u2019 estimates. Its non-GAAP profit of $2.26 per share was 1.5% above analysts\u2019 consensus estimates. Is now the time to buy ADP? Find out in our full research report (it\u2019s free). Revenue: $5.13 billion vs analyst estimates of $5.03 billion (7.5% year-on-year growth, 1.9% beat) Adjusted EPS: $2.26 vs analyst estimates of $2.23 (1.5% beat) Adjusted EBITDA: $1.33 billion vs analyst estimates of $1.34 billion (25.9% margin, 0.6% miss) Revenue Guidance for Q3 CY2025 is $5.10 billion at the midpoint, roughly in line with what analysts were expecting Operating Margin: 23.5%, in line with the same quarter last year Worksite Employees: 764,000, up 8,000 year on year Market Capitalization: $121.4 billion Automatic Data Processing\u2019s second quarter results were characterized by steady revenue growth and stable operating margins. Management attributed the quarter\u2019s performance to continued momentum in its Next Gen product suite, expanding AI-driven features, and strengthening client retention across both small business and enterprise segments. CEO Maria Black pointed to \u201cbroad-based\u201d improvements in client satisfaction and retention, especially as enhancements to the Lyric platform and the integration of WorkForce Software began to pay off. Management acknowledged that Employer Services bookings in HR Outsourcing were softer than anticipated, largely due to delayed decision-making among larger clients, but emphasized strong pipelines moving into the next quarter. Looking ahead, management views investments in artificial intelligence, new product rollouts, and international expansion as critical to sustaining growth. Black highlighted that \u201cour vast dataset allows us to expand from simple agents to autonomous agents,\u201d underscoring the company\u2019s commitment to differentiated AI capabilities for human capital management. CFO Peter Hadley cautioned that while retention rates remain high, a slight moderation is expected due to macroeconomic uncertainty and potential increases in small business closures. The company is also prioritizing integration of recent acquisitions and expanding embedded payroll partnerships to drive bookings and operational efficiency in coming quarters. Management credited the quarter\u2019s growth to ongoing technology investments, robust client retention, and the scaling of key platforms, while noting that delays in large outsourcing deals and mixed international momentum were important factors. Next Gen product traction: The Lyric HCM suite saw client adoption more than double, with new client wins coming from a diverse competitive landscape. Management noted that product maturity and enhancements have begun to drive broader market penetration, especially in enterprise and multinational accounts. AI-driven operational efficiency: The rollout of ADP Assist and proprietary AI tools has led to millions of client interactions, with management reporting tangible productivity gains and reduced service friction. The company is using AI both to simplify work for its associates and to personalize client experiences, which has supported retention and margin stability. Retention and satisfaction gains: Client retention rates increased to near record-high levels, driven by improvements in customer satisfaction scores across business lines. Management attributed this to ongoing investments in product quality and support, especially for small business and international clients. Delayed HR Outsourcing bookings: Employer Services HR Outsourcing bookings were softer than planned, as large, complex deals in mid-market and enterprise segments were delayed rather than lost. Management emphasized that pipelines for these services remain healthy and active, with most deals described as postponed rather than canceled. International and M&A activity: The acquisition of WorkForce Software and expanded international payroll offerings in regions like Japan and Saudi Arabia contributed to the company\u2019s global positioning. However, international bookings only partially offset earlier softness, and management is focused on scaling these initiatives for future quarters. ADP\u2019s outlook is underpinned by continued investment in AI, product integration, and diversified booking channels, though management anticipates some margin pressure from ongoing growth initiatives and macroeconomic headwinds. AI and automation expansion: Management aims to scale autonomous, role-based AI agents to enhance both client experience and internal operations, expecting these technologies to yield incremental productivity improvements and support future margin expansion. Investments in proprietary AI tools are ongoing, with a net investment position anticipated throughout the year. Broader product and channel reach: The integration of WorkForce Software, maturation of the Lyric suite, and expansion of embedded payroll partnerships (such as with Clover) are expected to drive bookings growth, particularly in the enterprise and multinational segments. Management also cited new distribution strategies and seller ecosystem investments as supporting factors. Macro and retention risks: CFO Peter Hadley highlighted potential headwinds from a moderating macroeconomic environment, with expectations for a slight decline in retention rates and lower pays per control growth, particularly in the small business segment. Management is monitoring these trends closely, adjusting assumptions as needed. Looking forward, the StockStory team will be tracking (1) the pace of adoption for Lyric and Next Gen Payroll across new and existing client segments, (2) the contribution of embedded payroll partnerships and international expansion to bookings growth, and (3) the realization of operational efficiencies from AI investments. Execution on integrating recently acquired businesses and maintaining high client retention will also be critical in assessing ADP\u2019s trajectory. ADP currently trades at $300, down from $308.83 just before the earnings. In the wake of this quarter, is it a buy or sell? Find out in our full research report (it\u2019s free). Donald Trump\u2019s April 2025 \""Liberation Day\"" tariffs sent markets into a tailspin, but stocks have since rebounded strongly, proving that knee-jerk reactions often create the best buying opportunities. The smart money is already positioning for the next leg up. Don\u2019t miss out on the recovery - check out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.""]" ADP,2025-08-14,304.95,304.965,301.43,301.68,"Automatic Data Processing (ADP) Declares Quarterly Dividend on Solid Q2 Results Automatic Data Processing, Inc. (NASDAQ:ADP) is one of the top tech stocks with a strong return on equity. On August 6, the company reiterated its commitment to shareholder value by declaring a quarterly dividend of $1.54 a share. Production Perig/Shutterstock.com The dividend is payable on October 1, 2025, to shareholders of record as of September 12, 2025. The quarterly dividend, which translates to a dividend yield of 2.01%, follows the company’s delivery of solid fourth-quarter fiscal 2025 results, with earnings and revenues exceeding expectations. Revenue in the quarter was up 7.5% year-over-year to $5.13 billion, higher than $5.09 billion expected. Earnings per share came in at $2.26, higher than the expected $2.25. Record-high client satisfaction levels across the company bolstered the better-than-expected results. For fiscal 2026, ADP is projecting revenue growth of between 5% and 6% with diluted earnings per share growth of between 8% and 10%. Automatic Data Processing, Inc. (NASDAQ:ADP) is a company that provides cloud-based human capital management (HCM) solutions and business process outsourcing (BPO) services. They help businesses manage various HR functions, including payroll, talent manage While we acknowledge the potential of ADP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best NYSE Penny Stocks to Invest in Now and 10 Best 52-Week High Stocks to Buy According to Analysts. Disclosure: None. This article is originally published at Insider Monkey." ADP,2025-08-15,301.31,304.03,300.06,301.79, ADP,2025-08-18,302.02,303.16,301.1,302.65,"[""Dayforce Stock Jumps On Report Of Private Equity Suitor Dayforce stock jumped early Monday amid a report private equity firm Thoma Bravo is in talks to acquire the software company."", ""Thoma Bravo Is Said to Be in Talks to Buy Software Firm Dayforce (Bloomberg) -- Thoma Bravo is in talks to acquire human resources management software provider Dayforce Inc., according to people familiar with the matter. The buyout firm is planning to take the Minneapolis-based company private in a deal that could be announced as soon as the coming weeks, the people said, asking not to be identified as the matter is private. Most Read from Bloomberg A Photographer\u2019s Pipe Dream: Capturing New York\u2019s Vast Water System A London Apartment Tower With Echoes of Victorian Rail and Ancient Rome Festivals and Parades Are Canceled Amid US Immigration Anxiety Chicago Schools Seeks $1 Billion of Short-Term Debt as Cash Gone Princeton Plans New Budget Cuts as Pressure From Trump Builds Shares of Dayforce rose as much as 28% on Monday for their biggest intraday gain in more than seven years. The stock was up 25% at 9:38 a.m in New York, giving the company a market value of about $10.6 billion. Dayforce\u2019s shares also trade on the Toronto Stock Exchange. While discussions are advanced, they could still be delayed or falter and it\u2019s possible another bidder may emerge, the people said. Representatives for Thoma Bravo and Dayforce didn\u2019t immediately respond to requests for comment. Dayforce shares had fallen about 60% from their 2021 peak through Friday. While the company increased revenue more than 70% between 2021 and 2024 and became more profitable, the enterprise software market has had difficulties maintaining momentum after a runup during Covid-19 lockdowns. Companies spent money at the time to upgrade their systems, only to pull back after offices reopened in a shaky economy. \u201cWe would not be surprised if DAY chose to sell given the lack of appreciation for the stock in the public markets,\u201d Jefferies Financial Group Inc. analysts including Samad Samana wrote in a note to clients after the Bloomberg report. \u201cIt has been tough sledding for DAY the last few years post-Covid highs, not unlike the rest of the HR/payroll coverage universe. However, it has also underperformed the entire group.\u201d Thoma Bravo, led by co-founder Orlando Bravo, has remained an active buyer this year in what has remained a challenging environment for private equity firms seeking to deploy capital. It agreed to purchase Boeing Co.\u2019s flight navigation unit and other digital assets for $10.6 billion in April, and in July it struck a $2 billion deal to buy restaurant software maker Olo Inc. The firm has been in talks about a potential takeover of Verint Systems Inc., Bloomberg News reported last month. Dayforce, which rebranded from Ceridian HCM Holding Inc. last year, provides AI-powered software for managing recruitment, payrolls and employee career development. Its customers include companies in the health-care, retail and hospitality and financial services sectors. The company went public in 2018. With about $1.2 billion in debt, Dayforce has an enterprise value of more than $11 billion, according to data compiled by Bloomberg. There\u2019s been an uptick in dealmaking related to human capital management companies in the last 12 months, with Paychex Inc. buying Paycor HCM Inc. and Automatic Data Processing Inc. acquiring WorkForce Software. --With assistance from Amy Thomson. (Updates shares in third paragraph, adds details on HCM deals in final paragraph.) Most Read from Bloomberg Businessweek Foreigners Are Buying US Homes Again While Americans Get Sidelined What Declining Cardboard Box Sales Tell Us About the US Economy Americans Are Getting Priced Out of Homeownership at Record Rates Living With 12 Strangers to Ease a Housing Crunch Bessent on Tariffs, Deficits and Embracing Trump\u2019s Economic Plan \u00a92025 Bloomberg L.P.""]" ADP,2025-08-19,302.58,306.73,302.254,305.72,"Are Wall Street Analysts Bullish on Automatic Data Processing Stock? Automatic Data Processing, Inc. (ADP) provides cloud-based human capital management (HCM) solutions worldwide. Valued at $122.2 billion by market cap, the company's services include a wide range of human resource, payroll, tax, and benefits administration solutions. Shares of this global leader in HR and payroll solutions have underperformed the broader market over the past year. ADP has gained 14.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 16.1%. In 2025, ADP stock is up 3.4%, compared to the SPX’s 9.7% rise on a YTD basis. Trade the Warren Buffett Rally in UnitedHealth Stock With This High-Reward, Low-Risk Options Strategy Apple Expects $1.1 Billion Tariff Hit in 4th Quarter After $800 Million Q3 Hit; CEO Tim Cook Warns ‘Many Factors That Could Change’ Cathie Wood Is Buying BLSH Stock After the Bullish IPO. Should You? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Narrowing the focus, ADP’s underperformance is also apparent compared to the Industrial Select Sector SPDR Fund (XLI). The exchange-traded fund has gained about 19% over the past year. Moreover, the ETF’s 14.6% returns on a YTD basis outshine ADP’s single-digit gains over the same time frame. On Jul. 30, ADP shares closed up marginally after reporting its Q4 results. Its adjusted EPS of $2.26 topped Wall Street expectations of $2.22. The company’s revenue was $5.13 billion, beating Wall Street forecasts of $5.05 billion. For fiscal 2026, ending in June 2026, analysts expect ADP’s EPS to grow 8.9% to $10.90 on a diluted basis. The company’s earnings surprise history is impressive. It beat the consensus estimate in each of the last four quarters. Among the 16 analysts covering ADP stock, the consensus is a “Hold.” That’s based on four “Strong Buy” ratings, 11 “Holds,” and one “Strong Sell.” The configuration has been relatively stable over the past three months. On Aug. 1, Argus kept a “Buy” rating on ADP and raised the price target to $345, implying a potential upside of 14% from current levels. The mean price target of $325.62 represents a 7.6% premium to ADP’s current price levels. The Street-high price target of $350 suggests an upside potential of 15.6%. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com" ADP,2025-08-20,306.84,310.08,305.665,309.03, ADP,2025-08-21,308.53,308.99,304.04,304.94,"[""ADP to Present at Upcoming Investor Conference ROSELAND, N.J., Aug. 21, 2025 /PRNewswire/ -- ADP (Nasdaq: ADP), a global leader in HR and payroll solutions, today announced that members of its management team will present at Citi's Global TMT Conference on Thursday, September 4th, 2025 at 10:10 a.m. ET. Links to the live webcast and an archived replay of the event will be available on ADP's website at investors.adp.com. About ADP (Nasdaq: ADP) ADP has been shaping the world of work with innovation and expertise for more than 75 years. As a global leader in HR and payroll solutions, ADP continuously aims to solve complex business challenges for our clients and their workers. Always Designing for People means ADP focuses on people, leveraging our unparalleled data insights and innovative technology to elevate human potential. More than 1.1 million clients across 140+ countries trust ADP's unique expertise and exceptional service to support their people and drive their businesses forward. Learn more at ADP.com. ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc. Copyright \u00a9 2025 ADP, Inc. All rights reserved. ADP - Investor Relations Investor Relations Contacts: Matthew Keating, CFA 973.974.3037 Matthew.Keating@adp.com Rebecca Koar 203.882.7313 Rebecca.Koar@adp.com ADP - Media Media Contact: Allyce Hackmann 201.400.4583 Allyce.Hackmann@adp.com View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-to-present-at-upcoming-investor-conference-302533394.html SOURCE ADP - IR"", ""Thoma Bravo Adds Dayforce To Growing Software Portfolio In $12 Billion Deal Private-equity firm Thoma Bravo agreed to buy Dayforce in a deal valued at $12.3 billion, including debt. Dayforce stock popped earlier this on reports of a deal.""]" ADP,2025-08-22,306.45,308.895,303.373,307.95,"Workday's forecast for quarterly subscription revenue disappoints (Reuters) -Workday (WDAY) raised its annual subscription revenue forecast on Thursday, but an in-line outlook for the current quarter sent the human resources software provider's shares down nearly 4% in premarket trading on Friday. Workday's customers rely on the company's single cloud-based platform, which provide applications to manage services including recruitment, payroll, accounting and audit. In an uncertain economy, customers are tightening their spending on platforms like Workday as they reassess budgets and timing. Workday's AI-driven tools help organizations automate tasks such as screening job applications, scheduling interviews, and streamlining workforce planning. The company on Thursday also announced it will buy Paradox, giving Workday an AI-powered talent acquisition suite to help customers more efficiently find, hire, and onboard employees. It did not provide financial details of the deal. Workday competes with Oracle, SAP and payroll providers such as Automatic Data Processing and Dayforce. Its customers include United Airlines, Visa and FedEx. For the third quarter, Workday expects subscription revenue of $2.24 billion, in line with analysts' average estimate, according to data compiled by LSEG. It raised its fiscal 2026 subscription revenue forecast to $8.82 billion, compared to its prior forecast of $8.80 billion. Workday's total revenue for the second quarter ended July 31 stood at $2.35 billion, compared with an estimate of $2.34 billion. Subscription revenue rose 14% to $2.17 billion. (Reporting by Jaspreet Singh in Bengaluru and Juby Babu in Mexico City; Editing by Maju Samuel)" ADP,2025-08-25,306.71,307.8,303.28,303.84, ADP,2025-08-26,303.13,304.67,302.12,303.415, ADP,2025-08-27,302.53,304.33,301.96,303.09, ADP,2025-08-28,303.04,304.45,301.746,304.1, ADP,2025-08-29,302.655,305.31,302.655,304.05,"[""Consumer sentiment slides in August as Americans express 'heightened concerns about high prices' Consumer sentiment slipped in August as Americans primarily worried about one aspect of the economy: inflation. The University of Michigan's consumer sentiment survey released Friday showed year-ahead inflation expectations among Americans climbed to 4.8% in August, up from July's reading of 4.5%. The headline consumer sentiment index came in at 58.2 for the month, down 5.7% from last month and 14.3% from a year ago. \""This month\u2019s decrease was visible across groups by age, income, and stock wealth,\"" said Joanne Hsu, director of the survey of consumers. \""Moreover, perceptions of many aspects of the economy slipped. Buying conditions for durable goods subsided to their lowest reading in a year, and current personal finances declined 7%, both due to heightened concerns about high prices. Expectations for business conditions and labor markets contracted in August as well.\"" Read more: What is consumer confidence, and why does it matter? Against this deteriorating backdrop, only about a quarter of consumers expect to maintain their spending levels on items with large price increases, according to a report from UMich released Aug. 15. Consumers will get a fuller read on the labor market situation next week when the Bureau of Labor Statistics releases its latest job openings numbers on Wednesday and its monthly payrolls report on Friday. Private payroll processor ADP will release its own monthly jobs numbers on Thursday. Though the unemployment rate has been hovering between 4% and 4.2% since May 2024, job growth in the US economy appears to have slowed markedly, with 73,000 nonfarm payrolls added July while May and June's jobs figures were revised sharply downward to a total gain of just 33,000 jobs. Friday's reading also came out shortly after the release of the Federal Reserve's preferred inflation gauge, which showed price increases held mostly steady through last month, rising 2.6% over last year in July, matching annual increase seen in June. Core prices, which exclude food and energy and are more closely watched by the Fed, rose by 2.9% year over year, the fastest rate since February. The report also noted that despite a divergence in economic views among members of the two mainstream parties, a growing share of consumers across the political spectrum expect interest rate cuts to be coming down the pike. Jake Conley is a breaking news reporter covering US equities for Yahoo Finance. Follow him on X at @byjakeconley or email him at jake.conley@yahooinc.com."", ""Why Is ADP (ADP) Down 1.7% Since Last Earnings Report? It has been about a month since the last earnings report for Automatic Data Processing (ADP). Shares have lost about 1.7% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is ADP due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. ADP has reported impressive fourth-quarter fiscal 2025 results, wherein earnings and revenues outpaced the Zacks Consensus Estimate. ADP\u2019s earnings per share of $2.26 beat the consensus estimate by 1.8% and increased 8.1% from the year-ago quarter. Total revenues of $5.1 billion surpassed the consensus estimate by 1.5% and grew 5.7% on a year-over-year basis. Employer Services\u2019 revenues of $3.5 billion increased 8% on a reported basis and 6% on an organic constant-currency basis, missing our estimate of $3.8 billion. Pays per control increased 1% from the year-ago quarter. PEO Services\u2019 revenues gained 9% from the year-ago quarter to $1.2 billion and missed our estimate of $1.7 billion for the fourth quarter of fiscal 2025. Average worksite employees paid by PEO Services were 761,000, rising 3% from the year-ago quarter. Interest on funds held for clients grew 11% from the year-ago quarter to $308 million and missed our estimate of $342.4 million. ADP\u2019s average client funds balance rose 6% to $38.1 billion. The average interest yield on client funds expanded 20 basis points (bps) to 3.2%. Adjusted EBIT increased 9% on a year-over-year basis to $5.3 billion. The adjusted EBIT margin rose 50 bps to 26%. The margin of Employer Services increased by 50 bps, while PEO Services decreased 20 bps from the year-ago quarter. Automatic Data Processing exited fourth-quarter fiscal 2025 with cash and cash equivalents of $3.3 billion compared with $2.7 billion at the end of the preceding quarter. The long-term debt of $4 billion compared with $3 billion in the preceding quarter. The company generated $1.4 billion in cash from operating activities in the quarter. For fiscal 2025, ADP lowered the revenue growth guidance to 5-6% from the preceding quarter\u2019s view of 6-7%. The adjusted EPS growth guidance is updated to 8-10% from the preceding quarter\u2019s view of 8-9%. The adjusted effective tax rate is estimated to be 23%. The guidance for the adjusted EBIT margin is hiked to 50-70 bps from the previous quarter\u2019s view of 40-50 bps. Automatic Data Processing lowered Employer Services\u2019 revenue growth expectations to 5-6% from the 6-7% provided in the preceding quarter. The guidance for PEO Services is updated to 5-7% from the 6-7% provided in the preceding quarter. In the past month, investors have witnessed a downward trend in estimates review. Currently, ADP has a average Growth Score of C, a score with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, ADP has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""AI Wrestles Jobs from Gen Z Workers Anything Gen Z can do, AI can do better \u2026 well, actually, only some things. A new Stanford study found that AI is stealing jobs, but only ones that are lower on the career ladder and only in certain fields. By analyzing ADP payroll data from 2022 (when ChatGPT came on the scene) to this year, Stanford researchers found that employment of 22- to 25-year-olds in AI-exposed fields fell 13%. In line with previous predictions, software developers were hit hard, with the headcount of early-career coders dropping nearly 20% from 2022 to last month. Customer service agents, receptionists and translators also saw sizable drop-offs as more companies tapped agentic AI. READ ALSO: US Economy Is Growing More Quickly than Washington Realized and Gold Miner Newmont Mints Some of S&P 500\u2019s Best Returns The impact of AI on unemployment is uneven, Stanford found. In software development, employment for 26- to 30-year-olds has remained flat since the launch of ChatGPT. For older coders, employment actually rose. That could be because AI can\u2019t yet substitute for accumulated knowledge and the unique experiences (tips, tricks, awkward happy hours) gained by individual workers. In other words, AI still needs a boss: AI\u2019s getting better at performing simple tasks \u2014 in software engineering, that can mean migrating lines of code or spotting bugs. But AI is still prone to errors, or hallucinations, that human higher-ups have to fix. Plus, more experienced software engineers do more than just code \u2014 like having meetings with coworkers and clients that inform their work. MIT researchers separately found that AI, which is largely trained on publicly available code, struggled to tailor its output to specific companies\u2019 needs. Missing Rung: The number of Americans filing for unemployment benefits fell last week, in another sign that fears of an AI takeover may be overblown. Instead, for most workers, Stanford\u2019s researchers said AI can take over the kind of tasks typically done by an intern watching \u201cSurvivor\u201d reruns on their second screen. But firing the intern today could hurt companies in the long run (just ask Target), since early-career employees can\u2019t rack up five years of experience if no one\u2019s hiring. Tech companies could lose out on future talent, too, as fearful job-seekers switch to AI-resistant industries like construction and healthcare. Instead, Stanford\u2019s researchers suggested that companies may need to reconsider how early-career hires are trained, with the ultimate goal of AI augmenting human work. This post first appeared on The Daily Upside. To receive delivering razor sharp analysis and perspective on all things finance, economics, and markets, subscribe to our free The Daily Upside newsletter.""]" ADP,2025-09-02,301.64,302.45,298.3,299.77, ADP,2025-09-03,296.57,300.07,294.59,298.83, ADP,2025-09-04,298.92,301.58,296.715,301.19, ADP,2025-09-05,301.19,302.68,293.95,295.97,"[""Equities Rise Intraday as Traders Weigh Labor Market Data US benchmark equity indexes were higher after midday Thursday as traders parsed latest labor market"", ""S&P 500 Rallies to High Ahead of Jobs Report. Traders Are Almost Certain of a Rate Cut. The S&P 500 closed at a record on Thursday after the latest wave of labor market data cemented bets on a September rate cut with a major August nonfarm payrolls report on tap. The Nasdaq Composite was up 1%. The Dow and Nasdaq finished a touch below their August closing highs."", ""US Equity Indexes Rise as Investors Await Friday's August Jobs Report US benchmark stock indexes rose in midday trading on Thursday as investors digested economic data ah"", ""US Equity Indexes Rise Amid Private Sector Jobs, Economic Activity Reports US equity indexes rose ahead of the close on Thursday amid slower private sector job growth data and"", ""Stocks Mostly Up Pre-Bell Ahead of Key Jobs Report US equity markets were mostly trending higher before the opening bell Friday as traders await the na"", ""S&P 500 Notches Record High Ahead of August Jobs Report The S&P 500 closed at a record high on Thursday as fresh employment data lifted expectations that th"", ""Stock Market News for Sep 5, 2025 U.S. stock markets closed higher on Thursday before the release of the crucial jobs data for August. Recently released several labor market data skyrocketed market participants\u2019 expectations for the first Fed interest rate cut in 2025 during its September FOMC meeting. All three major stock indexes ended in positive territory. The Dow Jones Industrial Average (DJI) rose 0.8% or 350.06 points to close at 45,621.29. Notably, 24 components of the 30-stock index ended in positive territory and six finished in negative territory. At the intraday low, the blue-chip index was down nearly 110 points. The tech-heavy Nasdaq Composite finished at 21,705.69, rising 1% or 209.97 points due to the strong performance of semiconductor stocks. The major gainer of the tech-laden index was Micron Technology Inc. MU. The stock price of this AI-powered semiconductor giant surged 4.6%. Micron Technology currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today\u2019s Zacks #1 Rank stocks here. The S&P 500 advanced 0.8% to finish at 6,502.08. This marked the benchmark\u2019s 21st closing high in 2025. Out of the 11 broad sectors of the broad-market index, 10 ended in positive territory, while one was in negative territory. The Consumer Discretionary Select Sector SPDR (XLY), the Financials Select Sector SPDR (XLF) and the Industrials Select Sector SPDR (XLI) gained 1.8%, 1.1% and 1.1%, respectively. The fear gauge, the CBOE Volatility Index (VIX) was down 6.4% to 15.30. A total of 14.68 billion shares were traded on Thursday, lower than the last 20-session average of 16.07 billion. Advancers outnumbered decliners on the NYSE by a 2.79-to-1 ratio. On the Nasdaq, a 1.46-to-1 ratio favored advancing issues. Automatic Data Processing Inc. (ADP) reported that private sector payrolls increased by a mere 54,000 in August, missing the consensus mark of 75,000. The metric for July was revised upward to 106,000. People who stayed in the same job witnessed a 4.4% pay rise year over year in August. People who changed jobs saw a 7.1% salary hike year over year in August. The Department of Labor reported that initial claims increased 8,000 to 237,000 for the week ended Aug. 30, higher than the consensus estimate of 231,000. Previous week\u2019s data was 229,000. Continuing claims (those who have already received government aid and reported a week behind) decreased 4,000 to 1.94 million for the week ended Aug 23. The previous week\u2019s data was revised downward by 10,000 to 1.954 million. The Institute of Supply Management reported that the services purchasing managers\u2019 index (PMI) came in at 52%, exceeding the Zacks Consensus Estimate of 50.9%. The metric for July was 50.1%. Any reading above 50% indicates expansion of service activities. The new orders index for August rose to 56% from 50.3% in July. Trade deficit climbed to $78.3 billion in July, exceeding the Zacks Consensus Estimate of $77.8 billion. The metric for June was revised downward to a deficit of $59.1 billion from $60.2 reported earlier. July exports were $280.5 billion and imports were $358.8 billion. Nonfarm productivity for second-quarter 2025 increased by 3.3%, beating the Zacks Consensus Estimate of 2.8%. The previous estimate was 2.4%. Unit labor cost for second-quarter 2025 increased by 1%, lower than the previous estimate of 1.6%. For the week ended Aug 29, U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.4 million barrels from the previous week. The CME FedWatch tool currently shows a 99.3% probability that the Fed will cut the benchmark lending rate by 25 basis points at its next FOMC meeting, scheduled for Sept.16-17. Market participants are expecting that the crucial nonfarm payrolls data for August to be released on Sept. 5, before the opening bell, will be neither too hot nor too cool. This will pave the way for the Fed to initiate the first rate cut of 2025. At the same time, the chance of a near-term recession will not arise. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report Micron Technology, Inc. (MU) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""US Equity Markets End Higher as Slowing Jobs Growth Fuels Rate Cut Expectations US equity indexes ended higher on Thursday as slower private sector job growth fueled bets for deepe"", ""Market Minute 9-5-25- Wretched Jobs Report Fuels Wild Market Moves Today\u2019s jobs report was downright wretched\u2026and it\u2019s fueling WILD moves across multiple asset classes. Gold and silver are rallying, Treasury yields are plunging, the dollar is tanking, while equities are mixed. To get more articles and chart analysis from MoneyShow, subscribe to our Top Pros\u2019 Top Picks newsletter here.) Now let\u2019s talk about the data. Economists were expecting a gain of 75,000 jobs in August. But the economy added just 22,000. Plus, the last two readings were revised downward by a net 21,000 jobs \u2013 with June\u2019s new number actually NEGATIVE-13,000. That was the first subzero reading since December 2020. Source: Wall Street Journal The unemployment rate climbed to 4.3%, while average hourly earnings rose 0.3% -- both in-line with forecasts. But the average workweek dipped. Plus, all the other labor market reports this week \u2013 from the Challenger, Grey & Christmas layoff and ADP employment reports to the recent JOLTS data \u2013 came in weak. The data locks in a Federal Reserve interest rate cut in September. Additional cuts in the back half of 2025 are being priced in as well \u2013 with some pundits debating whether the Fed will \u201cgo 50\u201d (basis points) this month. The yield curve has been steepening for months, and this data is turbocharging that trend. Tesla Inc. (TSLA) got slapped down by a Delaware court when it tried to give CEO Elon Musk a generous compensation package worth more than $50 billion. So naturally, the company decided to\u2026offer him up to $1 TRILLION in a new one! Musk would have to hit very aggressive growth milestones to get the full payout in the 10-year plan, which is unprecedented in US corporate history. But even the upfront price tag of $87.8 billion is generous by most standards. See also: NTAP: An Attractive Data Management and Cloud Storage Play Finally, it\u2019s September and you know what that means. No, not the start of football season (though that, too!)\u2026the annual Apple Inc. (AAPL) product reveal extravaganza! The tech giant will release its newest iPhone lineup, plus other consumer gadgets like smartwatches, next Tuesday. Early reports suggest the iPhone 17 line will feature several appearance upgrades, an ultrathin \u201cAir\u201d model, and more. More From MoneyShow.com: SRV: A High-Yielding Energy Fund for this Post-Powell Market ALSN: A Vehicle Transmission Supplier with Attractive Fundamentals MoneyMasters Podcast 9/4/25: Gold Hitting Record Highs\u2026Could $4,000 Be Next?"", ""Dollar Weirdly Resilient After Weak Labor Data, Falling Yields The dollar shrugged off a labor-data driven decrease in Treasury yields, an unusual behavior for the greenback, which tends to fall on signs of U.S. economic weakness."", ""4 Stocks Leading in Interest Coverage as Wall Street Eyes Rate Cuts The U.S. equity markets closed higher yesterday as optimism about potential monetary easing outweighed concerns about softening labor data. The S&P 500 advanced 0.83% to finish at 6,502.08. The Nasdaq Composite added 0.98% to end at 21,707.69, while the Dow Jones Industrial Average gained 350.06 points, or 0.77%, to settle at 45,621.29. Investors digested new economic data showing a slowdown in job creation. According to the ADP private payrolls report, only 54,000 jobs were added in August, falling short of expectations and significantly below the revised 106,000 jobs recorded in July. Despite the softer employment numbers, stocks rose as traders viewed the data as supporting a potential rate cut by the Federal Reserve. In such a macroeconomic environment, it becomes increasingly important to focus on companies with strong financial fundamentals. We often judge a company based on its sales and earnings. However, these metrics may not be sufficient on their own. A stock might get a boost if these figures rise year over year or surpass estimates in a particular quarter, offering a lucrative opportunity for short-term investors to cash in. Relying solely on sales and earnings numbers may not yield the desired long-term returns. For those seeking sustainable investment growth, a deeper dive into the company\u2019s financial health and stability is essential. A critical analysis of a company\u2019s financial background is a prerequisite for an informed investment decision. Coverage ratios, which assess whether a company is robust enough to meet its financial obligations, play a crucial role in this analysis. A higher ratio generally indicates a stronger financial position. This article focuses on the Interest Coverage Ratio, a key indicator used to evaluate a company's ability to pay interest on its debt, ensuring that the company is not over-leveraged and can comfortably meet its interest obligations from its operating earnings. Interest Coverage Ratio = Earnings before Interest & Taxes (EBIT) divided by Interest Expense. Vertiv Holdings Co VRT, Stride, Inc. LRN, Ralph Lauren Corporation RL and The Cheesecake Factory Incorporated CAKE have impressive interest coverage ratios. The interest coverage ratio is used to determine how effectively a company can pay the interest charges on its debt. Debt, which is crucial for most companies to finance operations, comes at a cost called interest. Interest expense has a direct bearing on a company's profitability, and its creditworthiness depends on how effectively it meets interest obligations. Therefore, the interest coverage ratio is one of the important criteria to factor in before making any investment decision. The interest coverage ratio suggests the number of times the interest could be paid from earnings and gauges the margin of safety a firm carries for paying interest. An interest coverage ratio lower than 1.0 implies that the company is unable to fulfill its interest obligations and could default on repaying debt. A company that is capable of generating earnings well above its interest expense can withstand financial hardships. One should also track the company\u2019s past performance to determine whether the interest coverage ratio has improved or worsened over time. Apart from having an Interest Coverage Ratio that is more than the industry average, adding a favorable Zacks Rank and a VGM Score of A or B to your search criteria should lead to better results. Interest Coverage Ratio greater than X-Industry Median Price greater than or equal to 5: The stocks must all be trading at a minimum of $5 or higher. 5-Year Historical EPS Growth (%) greater than X-Industry Median: Stocks that have a strong EPS growth history. Projected EPS Growth (%) greater than X-Industry Median: This is the projected EPS growth over the next three to five years. This shows that the stock has near-term earnings growth potential. Average 20-Day Volume greater than 100,000: A substantial trading volume ensures that the stock is easily tradable. Zacks Rank less than or equal to 2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment. VGM Score of less than or equal to B: Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best upside potential. Here are four of the 18 stocks that qualified the screening: Vertiv Holdings, a global leader in critical digital infrastructure, carries a Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 10.7%, on average. You can see the complete list of today\u2019s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Vertiv Holdings\u2019 current financial-year sales and EPS implies growth of 24.5% and 34%, respectively, from the year-ago period. Vertiv Holdings has a VGM Score of B. Shares of Vertiv Holdings have advanced 75.2% in the past year. Stride, a technology-based education company, carries a Zacks Rank #2 and has a VGM Score of A. LRN has a trailing four-quarter earnings surprise of 98.7%, on average. The Zacks Consensus Estimate for Stride\u2019s current financial-year sales and EPS indicates growth of 11% and 5.9%, respectively, from the year-ago period. The stock has soared 104.1% in the past year. Ralph Lauren, a global leader in the design, marketing and distribution of luxury lifestyle products, carries a Zacks Rank #2 and has a VGM Score of B. The company has a trailing four-quarter earnings surprise of 8.5%, on average. The Zacks Consensus Estimate for Ralph Lauren\u2019s current financial-year sales and EPS calls for growth of 6% and 19.8%, respectively, from the year-ago period. The stock has advanced 85.6% in the past year. The Cheesecake Factory, a leader in experiential dining, carries a Zacks Rank #2 and has a VGM Score of B. The company has a trailing four-quarter earnings surprise of 15.2%, on average. The Zacks Consensus Estimate for Cheesecake Factory\u2019s current financial-year sales and EPS suggests growth of 5.1% and 9.6%, respectively, from the year-ago period. The stock has advanced 63.1% in the past year. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and backtest them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks\u2019 portfolios and strategies are available at: https://www.zacks.com/performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Cheesecake Factory Incorporated (CAKE) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report Stride, Inc. (LRN) : Free Stock Analysis Report Vertiv Holdings Co. (VRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Treasury Yields Fall Ahead of Payrolls Fresh data backed up a decline in U.S. job creation, driving investors to the safety of Treasurys and pushing yields lower."", ""Stock markets advance with eyes on US jobs data Stock markets mostly climbed and global bonds stabilized on Thursday as investors looked to US jobs data to cement rate-cut bets. The latest weekly data released Thursday showed more first-time claims for unemployment benefits in the United States than analysts had expected, while figures from payroll firm ADP showed slowing private sector hiring in August. Investors are now looking to US government data due out Friday, ahead of a Federal Reserve interest rate meeting later this month. Analysts expect the United States added 63,000 jobs last month and the unemployment rate rose to 4.3 percent to from 4.2 percent. \""All eyes will be on Friday's nonfarm payrolls report with bad news likely to be interpreted as good news as it will raise the market probability that the Fed cuts rates,\"" noted Victoria Scholar, head of investment at Interactive Investor. US stocks overcame early weakness and gained momentum throughout the day. The S&P 500 climbed 0.8 percent to finish at a fresh all-time high. David Morrison, senior market analyst at financial services provider Trade Nation, said the employment data \""is likely to play a central role in shaping the direction of equities, currencies and commodities over the coming fortnight\"". In Europe, Frankfurt rose despite Germany's main economic institutes cutting their growth forecasts. But Paris stocks slid, weighed down by an eight-percent drop in shares of pharmaceutical firm Sanofi, after a disappointing trial of its drug for the skin condition atopic dermatitis. Elsewhere, the global bond market eased further after yields had earlier in the week jumped on concerns over mounting government debt. \""There are signs that the bond market rout could be over,\"" said Kathleen Brooks, research director at trading group XTB. She warned that risks still loomed, particularly a confidence vote in France next week that could topple the minority government. A solid auction of 30-year Japanese government bonds offered further reprieve after yields had risen to record highs. Tokyo's stock market closed higher. But Hong Kong and Shanghai each dropped more than one percent as a tech-driven rally ran out of steam. Analysts said the decline followed a Bloomberg report that China's financial regulators may implement measures to cool the pace of the rally in stocks. Oil prices extended losses Thursday in anticipation of excess supply in the coming months, as OPEC+ nations are expected to further unwind production cuts. In company news, shares in Japanese motor maker Nidec tumbled 22 percent after it launched a probe into \""improper accounting\"" at its Chinese subsidiary. - Key figures at around 2050 GMT - New York - Dow: UP 0.8 percent at 45,621.29 (close) New York - S&P 500: UP 0.8 percent at 6,502.08 (close) New York - Nasdaq Composite: UP 1.0 percent at 21,707.69 (close) London - FTSE 100: UP 0.4 percent at 9,216.87 (close) Paris - CAC 40: DOWN 0.3 percent at 7,698.92 (close) Frankfurt - DAX: UP 0.7 percent at 23,770.33 (close) Tokyo - Nikkei 225: UP 1.5 percent at 42,580.27 (close) Hong Kong - Hang Seng Index: DOWN 1.1 percent at 25,058.51 (close) Shanghai - Composite: DOWN 1.3 percent at 3,765.88 (close) Euro/dollar: DOWN at $1.1649 from $1.1662 on Wednesday Pound/dollar: DOWN at $1.3437 from $1.3444 Dollar/yen: UP at 148.45 yen from 148.10 yen Euro/pound: DOWN at 86.72 pence from 86.74 pence West Texas Intermediate: DOWN 0.8 percent at $63.48 per barrel Brent North Sea Crude: DOWN 0.9 percent at $66.99 per barrel burs-jmb/des"", ""Ahead of the Jobs Report, Here Are Four Key Charts on the Labor Market Aside from the headline tally of job gains, investors will pay close attention to the unemployment rate. Economists expect this to edge up to 4.3%. Another key focus: further potential revisions to figures for recent months, following big downward changes in the July report."", ""Daily Roundup of Key US Economic Data for Sept. 4 ADP private payrolls rose by 54,000 in August after a 106,000 gain in July. The services sector"", ""August US Nonfarm Payrolls Expected to Rise by 75,000, Unemployment Rate Seen Rising to 4.3%. US nonfarm payrolls are expected to rise by 75,000 in August after an increase of 73,000 jobs in Jul"", ""Jobs, Federal Reserve Views Boost Wall Street Pre-Bell; Asia, Europe Up Wall Street futures pointed mostly higher pre-bell Friday, as traders anticipated another soft jobs"", ""Markets Stride Higher on Rate Cut Expectations Thursday, September 4, 2025 Market indexes caught their stride today, shrugging off another weak jobs report from ADP (ADP) this morning, which was offset somewhat by a strong Q2 Productivity report and lower Unit Labor Costs. Market participants also anticipate more softness in Friday morning\u2019s jobs report from the U.S. Bureau of Labor Statistics (BLS). The Dow cruised ahead by +350 points today, +0.77%, and it was the laggard among major indexes. The S&P 500 grew by +0.83% and the Nasdaq gained +209 points, +0.97%. The small-cap Russell 2000 won the day, up +25 points or +1.09% for the session. Bond yields crept back to +4.17% on the 10-year and +3.59% on the 2-year. One of the best AI chip plays not named NVIDIA is Broadcom AVGO, which reported better-than-expected results on both top and bottom lines after today\u2019s close. Earnings of $1.69 per share outpaced expectations by 3 cents, while revenues of $15.95 billion bettered the $15.83 billion analysts were expecting. Shares are flat on the news. Adjusted EBITDA and AI sales in the quarter were both better than estimated: $10.7 billion and $6.2 billion, respectively. The company\u2019s recently acquired VMWare continues to impress in terms of growth. Broadcom also posted record high free cash flow. Shares are up +200% over the past two years and +32% year to date, so consider this selling some mere profit-taking. lululemon LULU shares outperformed on the bottom line in its Q2 this afternoon, with earnings of $3.10 per share surpassing the $2.84 in the Zacks consensus. Revenues came in-line with estimates at $2.53 billion, but guidance for the ongoing quarter and full fiscal year was downgraded based on tariff headwind concerns. Shares have sunk -12% thus far in late trading. The all-important Employment Situation report hits the tape Friday morning, an hour ahead of the opening bell. Expectations are for a similarly paltry 75K new jobs filled for August, only slightly ahead of the 73K reported for July, which was a major disappointment when it reported a month ago. The Unemployment Rate is expected to tick up to +4.3%, which would be the highest since October 2021. This is not the only labor market metric that has displayed a slowdown in employment. In these BLS numbers over the trailing four months, we\u2019re averaging only +61K per month. Contrast that with the previous four-month average of +192K \u2014 it\u2019s more than triple. Then again, lower jobs numbers are what will guarantee at least one Fed rate cut before the end of 2025. Questions or comments about this article and/or author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report lululemon athletica inc. (LULU) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research"", ""Stock market today: S&P 500 hits record, Dow, Nasdaq jump ahead of make-or-break jobs report US stocks pushed higher on Thursday as Wall Street awaited an all-important jobs report, with risks to Federal Reserve independence also in focus as a Senate hearing to confirm Stephen Miran took place. The S&P 500 (^GSPC) rose 0.8% to eke out a fresh record of 6,502.08, while the tech-heavy Nasdaq Composite (^IXIC) climbed nearly 1%. The Dow Jones Industrial Average (^DJI) also gained nearly 0.8%. The moves come after stocks mostly closed higher on Wednesday. Fresh jobs data Thursday showed private sector job growth slowed dramatically in August. Private payrolls grew by 54,000, according to the monthly report from ADP. That was less than estimates for 65,000. Also, weekly jobless claims rose above estimates, hitting their highest level since June. Elsewhere, a report from the Institute for Supply Management showed economic activity in the services sector rising more than expected. But it also found sluggish hiring in the sector, as the report said employment shrank for the third consecutive month. Together, data served as the latest sign of shakiness in the labor market after July job openings were lower than expected, fueling confidence that Fed officials will lower rates at their September meeting. Traders are pricing in a 97% chance of a cut as of Thursday morning, compared with around 91.7% Wednesday before the JOLTS data was released. Wall Street is now bracing for the August jobs report, due Friday from the Bureau of Labor Statistics. More evidence of stress could make the case for deeper rate cuts than currently priced in. Meanwhile, President Trump's campaign to recast the Fed in pursuit of rate cuts faced a test in the Senate, at a hearing to confirm his pick Stephen Miran for governor at the central bank. Miran faced questions over Fed independence, and he potentially opened himself up to more scrutiny when he said would not resign from his current post at the White House if confirmed to the Fed board. On the corporate front, American Eagle (AEO) shares soared after the apparel retailer predicted a sales boost thanks to ads featuring actress Sydney Sweeney and NFL player Travis Kelce. Broadcom (AVGO), Lululemon (LULU), and DocuSign (DOCU) are set to report earnings on Thursday.""]" ADP,2025-09-08,296.58,298.59,293.51,298.43, ADP,2025-09-09,298.43,298.9,296.22,297.275, ADP,2025-09-10,297.84,297.84,290.38,292.39, ADP,2025-09-11,291.96,299.22,291.96,298.03, ADP,2025-09-12,294.96,296.855,292.19,293.5, ADP,2025-09-15,293.57,294.93,290.2,290.875, ADP,2025-09-16,290.25,291.91,282.27,288.729, ADP,2025-09-17,289.13,291.32,287.735,288.75, ADP,2025-09-18,288.055,292.3,287.435,290.95, ADP,2025-09-19,293.51,293.51,290.75,292.0, ADP,2025-09-22,289.46,294.46,288.535,293.66, ADP,2025-09-23,292.21,293.49,287.31,289.215, ADP,2025-09-24,288.6,292.865,287.94,291.5, ADP,2025-09-25,291.905,293.29,287.661,288.89, ADP,2025-09-26,289.56,292.71,288.545,291.54, ADP,2025-09-29,292.5,294.35,291.385,292.66, ADP,2025-09-30,288.49,293.91,285.03,293.49, ADP,2025-10-01,292.48,293.64,289.571,291.61, ADP,2025-10-02,289.22,290.82,286.42,289.87, ADP,2025-10-03,289.975,292.38,287.855,291.31, ADP,2025-10-06,291.5,291.95,288.49,290.55, ADP,2025-10-07,291.68,293.51,290.4518,292.94, ADP,2025-10-08,292.56,292.8,289.82,290.7, ADP,2025-10-09,290.44,291.34,285.405,285.89, ADP,2025-10-10,286.85,287.7999,284.65,285.19, ADP,2025-10-13,285.21,286.8299,282.89,284.35, ADP,2025-10-14,283.66,286.795,283.66,285.93, ADP,2025-10-15,286.7,287.69,283.01,284.21, ADP,2025-10-16,284.26,284.475,279.4201,280.16, ADP,2025-10-17,280.98,282.9,280.04,281.27, ADP,2025-10-20,281.61,283.7416,281.18,283.03, ADP,2025-10-21,283.46,285.41,282.3,283.98, ADP,2025-10-22,283.61,287.4,282.93,283.95, ADP,2025-10-23,282.7,284.2325,280.66,281.55, ADP,2025-10-24,282.25,282.86,280.68,280.94, ADP,2025-10-27,280.97,282.89,280.09,280.53, ADP,2025-10-28,280.0,282.93,279.308,279.63, ADP,2025-10-29,271.16,272.81,260.24,261.405, ADP,2025-10-30,262.22,265.92,260.2201,261.54, ADP,2025-10-31,260.63,262.075,258.19,260.25, ADP,2025-11-03,260.3,260.675,255.16,257.17, ADP,2025-11-04,259.61,262.25,256.87,259.22, ADP,2025-11-05,256.465,260.77,256.04,259.57, ADP,2025-11-06,257.6,258.66,249.68,252.36, ADP,2025-11-07,253.76,255.38,251.62,254.16, ADP,2025-11-10,253.3,255.77,251.18,254.04, ADP,2025-11-11,254.61,256.1016,253.27,255.31, ADP,2025-11-12,255.21,256.33,253.52,254.51, ADP,2025-11-13,253.425,255.04,250.65,254.6, ADP,2025-11-14,254.61,255.72,251.22,253.09, ADP,2025-11-17,252.81,253.56,250.35,250.92, ADP,2025-11-18,251.02,251.46,247.21,249.67, ADP,2025-11-19,250.26,251.35,247.1835,250.39, ADP,2025-11-20,251.81,251.88,247.77,249.06, ADP,2025-11-21,249.78,254.46,249.06,253.15, ADP,2025-11-24,252.62,252.79,248.42,250.09, ADP,2025-11-25,251.0,260.0,250.66,256.34, ADP,2025-11-26,256.98,257.4,254.06,254.16, ADP,2025-11-28,255.29,256.36,253.7,255.3, ADP,2025-12-01,254.0,257.9,253.2,255.84, ADP,2025-12-02,256.65,258.105,254.46,257.18, ADP,2025-12-03,256.5,260.54,256.5,260.22, ADP,2025-12-04,261.46,262.3,258.35,259.4, ADP,2025-12-05,259.4,262.76,259.34,261.63, ADP,2025-12-08,260.86,261.115,257.58,258.73, ADP,2025-12-09,259.09,260.99,257.99,258.23, ADP,2025-12-10,257.36,260.05,256.83,259.33, ADP,2025-12-11,259.59,264.99,259.3518,264.69, ADP,2025-12-12,264.05,266.34,263.75,266.1, ADP,2025-12-15,266.33,267.85,264.57,264.95, ADP,2025-12-16,261.78,263.7999,259.57,262.1, ADP,2025-12-17,261.28,266.42,261.0,265.47, ADP,2025-12-18,263.13,265.25,260.76,260.97, ADP,2025-12-19,260.32,261.0,257.04,258.02, ADP,2025-12-22,257.94,261.49,257.615,259.74, ADP,2025-12-23,260.27,260.37,256.59,257.005, ADP,2025-12-24,256.52,259.0,255.3,258.1, ADP,2025-12-26,257.865,259.05,257.4,258.84, ADP,2025-12-29,259.15,260.83,258.41,259.61, ADP,2025-12-30,258.62,260.66,258.56,259.57, ADP,2025-12-31,258.98,259.5,257.09,257.23, ADP,2026-01-02,257.03,257.665,251.65,252.88, ADP,2026-01-05,252.69,259.14,251.96,257.38, ADP,2026-01-06,255.77,262.1,255.47,261.12, ADP,2026-01-07,261.95,262.48,259.3,261.26, ADP,2026-01-08,260.25,267.025,259.6,265.67, ADP,2026-01-09,265.55,268.08,264.66,266.02, ADP,2026-01-12,264.8,266.0299,261.97,262.8, ADP,2026-01-13,262.29,263.22,256.72,257.07, ADP,2026-01-14,256.64,259.04,256.19,258.43, ADP,2026-01-15,261.0,263.58,259.13,260.2, ADP,2026-01-16,260.02,261.09,257.571,260.44, ADP,2026-01-20,258.46,259.895,254.19,255.1, ADP,2026-01-21,255.43,259.29,254.5,257.075, ADP,2026-01-22,257.195,260.06,256.53,259.869, ADP,2026-01-23,258.13,260.65,256.88,257.87, ADP,2026-01-26,258.43,260.24,256.22,258.17, ADP,2026-01-27,256.78,257.455,253.44,254.51, ADP,2026-01-28,249.65,255.73,248.3,250.68, ADP,2026-01-29,249.39,252.43,244.44,245.97, ADP,2026-01-30,245.065,247.0,243.68,246.805, ADP,2026-02-02,246.6,250.0,244.64,247.56, ADP,2026-02-03,244.145,244.29,234.81,235.08, ADP,2026-02-04,235.5,237.885,230.78,234.61, ADP,2026-02-05,236.575,238.88,232.41,234.02, ADP,2026-02-06,234.18,235.69,230.275,231.36, ADP,2026-02-09,231.36,231.36,224.93,226.63, ADP,2026-02-10,224.005,227.12,223.44,225.54, ADP,2026-02-11,225.53,226.075,216.65,217.57, ADP,2026-02-12,216.58,217.05,208.66,210.09, ADP,2026-02-13,210.67,213.355,209.05,212.06, ADP,2026-02-17,212.43,214.85,210.22,213.04, ADP,2026-02-18,213.435,217.83,211.62,217.19, ADP,2026-02-19,217.21,218.85,213.9,215.88,