Automatic Data Processing Inc.
Latest Automatic Data Processing Inc. News and Updates
Technology & Communications Why you should know the key differences between job reports
Few economic releases elicit as much reaction from both the stock (IVV) and bond (BND) markets as the employment reports issued by Automatic Data Processing (ADP) and the Bureau of Labor Statistics (the BLS).Financials Must-know: Concur is the biggest acquisition in SAP’s history
Since 2010, SAP AG (SAP) spent more than ~$12 billion on acquisitions. Concur Technologies is the largest acquisition in SAP’s 42-year history. In its 2Q14 results, most of SAP’s growth was from its cloud business—approximately $1 billion annually. Concur’s management mentioned that they expect to end fiscal year 2014 with ~$690 million.Consumer Ackman Makes Berkshire Bet: What It Means for Investors
According to the regulatory filing from Bill Ackman’s Pershing Square Capital, the fund has taken a new stake in Berkshire Hathaway (BRK.B).Consumer Bill Ackman Thanks Warren Buffett for His Fund’s Comeback in 2019
Bill Ackman has made a huge comeback in 2019.Fund Managers OZ Management Opens New Position in CDK Global
OZ Management commenced a stake in CDK Global Inc. (CDK) by purchasing 4,521,952 shares of the company, representing 0.5% of the fund’s 4Q14 portfolio.