This morning, the long-awaited Employment Situation report of non-farm payrolls from the U.S. Bureau of Labor Statistics (BLS) is out, with numbers perhaps stronger than the “whisper number” on Wall Street, but nevertheless weakening over the course of the year. Headline +142K was lower than the consensus +160K expected, but notably higher than the +99K from the ADP (ADP) private-sector August payrolls yesterday. The Unemployment Rate ticked down to +4.2%, as expected.Monthly Jobs Revisions -86K Over Last 2 ...

Friday, September 6th, 2024This morning, the long-awaited Employment Situation report of non-farm payrolls from the U.S. Bureau of Labor Statistics (BLS) is out, with numbers perhaps stronger than the “whisper number” on Wall Street, but nevertheless weakening over the course of the year. Headline +142K was lower than the consensus +160K expected, but notably higher than the +99K from the ADP (ADP) private-sector August payrolls yesterday. The Unemployment Rate ticked down to +4.2%, as expected. Monthly Job ...

peshkov Joel Greenblatt's Magic Formula That Beats The Market... Upgraded Joel Greenblatt achieved 40% annual returns for 21 years at Gotham Capital using a combination of value and quality investing in a more advanced version of his famous "Magic Formula that beats the market." Key Components of the Magic Formula Earnings Yield: This is calculated as earnings before interest and taxes (EBIT) divided by the company's enterprise value (EV). It measures how cheap a company is relative to its earnings. Ret ...

NicoElNino It's been almost 6 months since I last wrote about Automatic Data Processing, Inc. (NASDAQ:ADP). During this time, it has delivered a total return to its shareholders of 11.88% compared to the 5.76% provided by the S&P 500. Several things have happened over these months, but the most important one, and the focus of today's article, is reviewing its annual results and future prospects. Thesis Review If we recall a bit from what I mentioned in my previous article about the company, I said that ADP ...

Automatic Data Processing, Inc. (NASDAQ:ADP) Citi's 2024 Global TMT Conference September 5, 2024 10:50 AM ET Company Participants Joe DeSilva - Executive Vice President, Global Sales Conference Call Participants Peter Christiansen - Citi Investment Research Peter Christiansen Good morning, everyone. My name is Pete Christiansen. I'm with Citi's Equity Research Department covering info services, HR, HCM services, fintech and crypto all have been everywhere here. But great to have Joe DeSilva here. EVP of Glo ...

会议主要讨论的核心内容 - 公司在各个业务领域(小市场、中市场、大市场、国际)都呈现强劲的需求增长 [3][4] - 公司正在持续增加销售人员数量,同时更加注重提高销售人员的生产率和效率 [8][11][12][13] - 公司在现有客户群体中拥有大量的升级和交叉销售机会,并利用AI等工具提高销售人员的针对性和效率 [33][34][36][38][39] - 公司的RUN产品在小型企业市场表现出色,具有易于销售、实施和使用的优势 [46][47] - 公司的Next Gen HCM产品在企业市场获得了良好的反响,销售团队对此充满信心 [56][57][62] - 公司正在大力拓展国际市场,利用GlobalView和Celergo等产品服务跨国企业,这是一个巨大的机会 [64][65][66][68] 问答环节重要的提问和回答 - 问:公司在各个业务领域的需求情况如何,是否有任何放缓迹象? 答:公司在各个领域都呈现强劲需求增长,没有感受到任何放缓迹象 [3][4] - 问:公司如何提高销售人员的生产率和效率? 答:公司加大了销售人员的培训和工具投入,帮助他们更好地适应买家更加主动的购买模式 [11][12][13][22][23] - 问:公司在现有客户群体中的升级和交叉销售机会有多大? 答:公司在现有客户群体中拥有大量的升级和交叉销售机会,并利用AI等工具提高销售人员的针对性和效率 [33][34][36][38][39] - 问:公司的Next Gen HCM产品在企业市场的表现如何? 答:公司的Next Gen HCM产品在企业市场获得了良好的反响,销售团队对此充满信心 [56][57][62] - 问:公司在拓展国际市场方面的进展如何? 答:公司正在大力拓展国际市场,利用GlobalView和Celergo等产品服务跨国企业,这是一个巨大的机会 [64][65][66][68]

Without much ado, we have lots of economic data out ahead of the opening bell this morning, plenty of which will add to whether interest rates are ready to come down by an incremental 25 basis points (bps) or a more significant 50 bps. Our analysis won’t be complete until we see non-farm payrolls reported Friday morning, but these figures bring us closer to what we need to know.ADP Private-Sector Payrolls 99K, Much Lower than AnticipatedIn the monthly private-sector payroll report from Automatic Data Proces ...

Thursday, September 5th, 2024Without much ado, we have lots of economic data out ahead of the opening bell this morning, plenty of which will add to whether interest rates are ready to come down by an incremental 25 basis points (bps) or a more significant 50 bps. Our analysis won’t be complete until we see non-farm payrolls reported Friday morning, but these figures bring us closer to what we need to know. ADP Private-Sector Payrolls 99K, Much Lower than AnticipatedIn the monthly private-sector payroll rep ...

The labor market continued to cool in August, with job creation among private employers slowing for the fifth consecutive month and wage growth remaining flat.So said human resources (HR) and payroll solution provider ADP in the August ADP National Employment Report released Thursday (Sept. 5).“The job market’s downward drift brought us to slower-than-normal hiring after two years of outsized growth,” ADP Chief Economist Nela Richardson said in the report. “The next indicator to watch is wage growth, which ...

ROSELAND, N.J., Sept. 5, 2024 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced the pricing of a public offering of $1.0 billion aggregate principal amount of its 4.450% senior notes due 2034.ADP expects to receive the net offering proceeds upon closing on or about September 9, 2024. The intended use of proceeds from the offering is for general corporate purposes.ADP has filed a registration statement (including a prosp ...