Automatic Data Processing Inc.
D.E. Shaw & Co.: Where Is David Shaw Bullish?
At the end of Q3 2019, D.E. Shaw & Co.’s total portfolio of publicly traded securities was worth around $81.2 billion.
Pershing’s 13F: Bill Ackman Keeps His Bet on Berkshire
Yesterday, Pershing Square Capital Management filed its 13F. In the third quarter, Berkshire Hathaway (BRK-B) (BRK-A) was Bill Ackman’s only buy.
Cannabis: Why Jamaica Has Associated with Harvard
In 1913, Jamaica prohibited cannabis by passing the Ganja Law of 1913, according to the Jamaica Observer. A lot has changed since then.
Ackman Calls Berkshire Misunderstood, Sees Big Returns
During its latest 13F filings, Bill Ackman’s Pershing Square Holdings revealed its new stake in Warren Buffett’s Berkshire Hathaway.
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).
Is FedEx Bill Ackman’s Next Investment Target?
FedEx stock gained nearly 3% on August 6 on speculation that Bill Ackman’s Pershing Square had bought a significant stake in the company.
Pershing Square Exits United Tech and ADP Investments
Through a letter to clients, Bill Ackman’s Pershing Square fund announced that it exited its positions in United Technologies and ADP.
What Underlies Ackman’s Conviction in Automatic Data Processing?
Automatic Data Processing (ADP) is another major holding of Bill Ackman’s Pershing Square Holdings.
Bill Ackman Thanks Warren Buffett for His Fund’s Comeback in 2019
Bill Ackman has made a huge comeback in 2019.
Bill Ackman Is Making a Strong Comeback in 2019
A large part of Pershing Square’s outperformance year-to-date has come from Chipotle Mexican Grill.
Bill Ackman’s Pershing Square Is Off to Its Best Start Ever in 2019
After a dismal 2018, this year is turning out to be a blockbuster for Pershing Square. As per its annual report released yesterday, its year-to-date returns up to March 19 stand at 31.9%.
What Does ADP Have in Store for Ackman after Failed Proxy Battle?
Automatic Data Processing (ADP) is another key holding of Bill Ackman’s Pershing Square.
What Should Workday Investors Expect?
For its third quarter of fiscal 2019, which ended October 31, Workday reported revenue of $743.2 million, representing an increase of 33.8% YoY.
Square’s in the Race for the $10.3 Billion Payroll Service Market
Last month, Square released a mobile version of its payroll software, marking an escalation in its push for revenue in the payroll service market.
Splunk Stock Declined 4.7% on September 17
Splunk (SPLK), a cloud software solutions company, fell 4.7% on September 17. The stock is currently trading at $119.49
Comparing Workday’s Valuations with Its Peers
In the last year, Workday stock has gained 31.9%. In the last month, its stock has risen 5.4%.
Workday’s Stock Price Showing an Upside Trend
Workday stock is trading 46.0% higher than its 52-week low of $95.35 and 2.3% lower than its 52-week high of $142.45.
Splunk Stock Continued Its Impressive Run Yesterday
Splunk (SPLK) stock rose 5.2% on August 28 to close at $127.43.
Accenture Stock Maintains Strong Growth
Accenture (ACN) has risen 3.8% in the last month, whereas in the last year, the stock’s price has soared 32.7%.
What’s Driving Intuit’s Small-Business and Self-Employed Unit
Intuit’s (INTU) small-business and self-employed division has seen double-digit revenue growth in the last five quarters.
What Was Pershing Square Capital’s Largest Holding in 4Q17?
The top holdings of Pershing Square Capital Management include Restaurant Brands International (QSR), Automatic Data Processing (ADP), Mondelēz International (MDLZ), Chipotle Mexican Grill (CMG), and Howard Hughes (HHC).
Is IBM Ready to Take Off?
International Business Machines (IBM), a leading enterprise solutions provider, has seen its revenue decline consistently for the past 22 quarters.
RenMac Economic Daily: Factory Employment Takes Off
Private non-farm payroll employment rose 190,000 in November following a gain of 235,000 in October.
A Brief Look at Dividend Aristocrats
The S&P 500 Dividend Aristocrat Index is made up of 51 S&P 500 (SPY) (SPX-INDEX) companies that have increased their dividends for 25 successive years.
Why ADP Stock Rose on Reports of Bill Ackman’s Position
On Thursday, July 27, 2017, Automatic Data Processing (ADP) stock rose nearly 13.0% after reports suggested that Bill Ackman was investing in ADP stock.
Decoding the Advisory Board’s Net Profit Margins in 2017
In 1Q17, the Advisory Board (ABCO) reported adjusted EBITDA of ~$45 million, which was higher than its guidance of $37 million–$42 million.
Behind the Advisory Board’s Revenue Growth in 2017
In 1Q17, the Advisory Board (ABCO) reported revenues of ~$194.1 million, which was higher than its guidance of $185 million–$190 million but ~0.7% lower YoY.
Intuit’s QuickBooks Growth Continues to Accelerate in Fiscal 1Q16
The growth of QBO (QuickBooks Online) is important for Intuit as it overhauls its business. QBO subscriptions rose 87,000 to 1.2 million QoQ. On a YoY basis, the growth was >57%.
Paychex’s Revenue and Income Rose in 1Q16
After its 1Q16 earnings report, PAYX rose by 3.52% to close at $47.63 per share as of September 30, 2015.
Intuit Plans to Create a $100 Million Fund to Offer Loans
Intuit announced its plans to create a $100 million fund to offer loans by joining hands with OnDeck, an online lender in the United States.
Intuit Fell 13.26% after Declaring Its Results
On August 20, 2015, Intuit (INTU) announced its 4Q15 results. It reported revenue of $696 million—a 7% increase compared to revenue of $649 million in 4Q14.
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.
Oracle’s strategic acquisitions in marketing cloud space
Oracle integrated BlueKai with both Responsys for B2C marketing automation and Eloqua for B2B marketing automation.
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.
Will the Quarterly Services Survey carry weight among investors?
The U.S. Census Bureau will release the Quarterly Services Survey (or QSS) for 2Q14 on Thursday, September 11. The services sector is a vital component of the U.S. economy. It accounts for ~80% of the gross domestic product (or GDP).
Why “SaaS” is an integral component of cloud computing?
Organizations preference for SaaS primarily stems from the fact that it’s flexible and cost efficient.
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).
ADP Payrolls come in lower than expected
The ADP National Employment Report is a monthly preview of the Labor Department’s Jobs Report Automatic Data Processing (ADP) is a global provider of business outsourcing. They provide a range of services from human resources to payroll. The ADP National Employment Report is published monthly by the ADP Research Institute. It provides a snapshot of […]
Is credit finally starting to ease up in the mortgage market?
Ellie Mae is a software provider that aggregates mortgage origination activity Ellie Mae (ELLI) puts out a monthly Origination Insight Report which provides monthly data and analysis from a sample of closed loan applications that flow through their Encompass 360 Mortgage Management Software. In many ways, it is similar to the way Automatic Data Processing […]