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Automatic Data Processing Inc (ADP.O)

ADP.O on Nasdaq

88.95USD
29 Jul 2016
Change (% chg)

$-2.78 (-3.03%)
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Latest Key Developments (Source: Significant Developments)

ADP sees 2017 adjusted EPS from cont ops to grow 10-12 pct
Thursday, 28 Jul 2016 07:23am EDT 

Automatic Data Processing Inc : Qtrly adjusted diluted earnings per share from continuing operations increased 25% to $0.69 . Sees 2017 adjusted diluted earnings per share from continuing operations to grow 10% to 12% . Q4 earnings per share view $0.67, revenue view $2.94 billion -- Thomson Reuters I/B/E/S . Adp reports fourth quarter and fiscal 2016 results; provides fiscal 2017 outlook . Sees fy 2017 revenue up 7 to 9 percent . Compared to last year's q4, qtrly revenues grew 8% to $2.9 billion . Qtrly diluted earnings per share from continuing operations increased to $0.62 .Anticipates 2017 diluted earnings per share from continuing operations to grow 6% to 8% compared with $3.25 in fiscal 2016.  Full Article

Automatic Data Processing enters into $3.25 bln credit agreement with group of lenders
Thursday, 16 Jun 2016 06:03am EDT 

Automatic Data Processing Inc : On june 15, co entered into $3.25 billion 364-day credit agreement,$3.75 billion five-year credit agreement with group of lenders . Five-Year facility contains an accordion feature under which aggregate commitment can be increased by $500 million to $4.25 billion . 364-Day facility replaced company's prior $2.75 billion 364-day facility, entered into on june 17, 2015 . Five-Year facility replaced company's prior $3.25 billion five-year facility, entered into on june 18, 2014 .Existing $2.25 billion five-year credit agreement entered into on june 17, 2015 will continue in full force and effect.  Full Article

Automatic Data Processing Inc says employee data stolen at some clients - Reuters News
Wednesday, 4 May 2016 01:11am EDT 

Automatic Data Processing Inc:Automatic Data Processing Inc said tax and salary data of employees of "a small number" of its clients had been stolen. - RTRS.The company said on Tuesday that the theft occurred because some of its clients mistakenly published unique access codes to employee accounts online."The combination of an unsecured company registration code and stolen personal information enabled the fraudulent access to the portal," ADP said in a statement.ADP also said it was working with a federal law agency regarding investigation into the data theft.  Full Article

Automatic Data Processing Inc updates FY 2016 guidance
Wednesday, 3 Feb 2016 07:00am EST 

Automatic Data Processing Inc:Anticipates FY 2016 revenue growth of 7 pct. compared with the company's prior forecast of 7 pct. to 8 pct.Says that on a constant dollar basis, revenue growth is now expected to be about 9 pct. for FY 2016 compared with ADP's prior forecast of 8 pct. to 9 pct.Says this forecast includes an anticipated negative impact of about one percentage point from the sale of the AdvancedMD business.Anticipates adjusted diluted earnings per share growth of 11 pct. to 13 pct. compared with the company's prior forecast of 12% to 14% growth.Says this forecast assumes a negative impact of one to two percentage points from unfavorable foreign currency translation.Says on a constant dollar basis, adjusted diluted earnings per share is expected to increase 12 pct. to 14 pct., compared with our prior forecast of an increase of 13 pct. to 15 pct.  Full Article

Automatic Data Processing Inc increases cash dividend
Tuesday, 10 Nov 2015 02:00pm EST 

Automatic Data Processing Inc:Board approved a $0.04 increase in the quarterly cash dividend to an annual rate of $2.12 per share.New quarterly dividend rate of $0.53 per share compares with the previous quarterly dividend rate of $0.49 per share.Increased quarterly dividend will be distributed on January 1, 2016 to shareholders of record at December 11, 2015.  Full Article

Automatic Data Processing Inc sees FY 2016 EPS guidance to be at lower end of prior range
Wednesday, 28 Oct 2015 07:00am EDT 

Automatic Data Processing Inc:Expects FY 2015 adjusted diluted earnings per share (EPS) growth will be at the lower end of the company's 12 pct. to 14 pct. range for FY 2016.  Full Article

Automatic Data Processing to offer $1 bln aggregate principal amount of 2.250% senior notes due Sept. 15 2020 - Form 8-K
Tuesday, 15 Sep 2015 06:08am EDT 

Automatic Data Processing Inc:On September 8, 2015, company entered into to an offering of $1 billion aggregate principal amount of its 2.250% senior notes due September 15, 2020.On September 8, 2015, co entered into to an offering of $1 billion aggregate principal amount of its 3.375% senior notes due September 15, 2025.  Full Article

Automatic Data Processing Inc announces management change - Form 8k
Wednesday, 5 Aug 2015 06:04am EDT 

Automatic Data Processing Inc:Says Leslie A. Brun, the non-executive chairman of the board, notified that he will not stand for re-election as a director of the company at the 2015 annual meeting of stockholders, and intends to retire and resign from the board effective as of the date of the 2015 Meeting.Says the Board elected John P. Jones, a current director, to serve as the non-executive chairman of the board upon Brun's retirement from the board, to take effect at the conclusion of the 2015 Meeting.  Full Article

Automatic Data Processing, Inc declares regular quarterly dividend
Tuesday, 4 Aug 2015 12:39pm EDT 

Automatic Data Processing, Inc:Declares regular quarterly dividend of 49 cents per share.Payable Oct. 1 to shareholders of record on Sept. 11.  Full Article

Automatic Data Processing Inc gives FY 2016 guidance; EPS guidance below estimates
Thursday, 30 Jul 2015 07:00am EDT 

Automatic Data Processing Inc:Expects FY 2016 revenue growth of 7% to 9% compared to FY 2015 revenue of $10.9 billion.Expects FY 2016 diluted EPS from continuing operations to grow 12% to 14% compared with $2.89 per share in FY 2015.FY 2016 11.8 billion and EPS of $3.31 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-ADP sees 2017 adjusted EPS from cont ops to grow 10-12 pct

* Qtrly adjusted diluted earnings per share from continuing operations increased 25% to $0.69