Key Developments: Automatic Data Processing Inc (ADP.OQ)
71.99USD
17 May 2013
$1.01 (+1.42%)
$70.98
$71.46
$71.99
$71.00
1,141,903
705,145
$71.99
$50.90
Latest Key Developments (Source: Significant Developments)
Automatic Data Processing Inc Raises Low End Of Prior FY 2013 Guidance To A Range In Line With Analysts' Estimates
Automatic Data Processing Inc announced that for fiscal 2013, it expects revenue of 6%-7% growth compared with prior forecast of 5%-7% growth. The Company expects diluted earnings per share (EPS) from continuing operations of 6%- 7% growth compared to $2.72 in fiscal 2012, which excludes the gain recorded in the second quarter of fiscal 2012. Prior forecast was for 5%-7% growth. The Company reported revenue of $10.66 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $11.30 billion and EPS of $2.91 for fiscal 2013. Full Article
Automatic Data Processing Inc Declares Regular Quarterly Dividend
Automatic Data Processing Inc announced that it has declared a regular quarterly dividend of $0.435 per share payable July 1, 2013 to shareholders of record on June 14, 2013. Full Article
Automatic Data Processing Inc Reaffirms FY 2013 Guidance
Automatic Data Processing, Inc. reaffirmed fiscal 2013 guidance and expects total revenues growth of 5% to 7%. Diluted earnings per share in a range of 5% to 7% from $2.72 earnings per share in fiscal 2012 which excludes the gain from the sale of assets in the second quarter of fiscal 2012. The Company reported revenue of $10.66 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $11.29 billion and EPS of $2.91 for fiscal 2013. Full Article
Automatic Data Processing Inc Declares Regular Quarterly Dividend
Automatic Data Processing Inc announced that it has declared a regular quarterly dividend of $0.435 per share payable April 1, 2013 to shareholders of record on March 8, 2013. Full Article
Automatic Data Processing Inc Increases Cash Dividend 10%
Automatic Data Processing Inc announced a 10% increase in the cash dividend to an annual rate of $1.74 per share. The new quarterly dividend of 43.5 cents per share compares with the previous quarterly dividend rate of 39.5 cents per share. This increased quarterly dividend will be distributed on January 1, 2013 to shareholders of record at December 14, 2012. Full Article
Automatic Data Processing Inc Announces CFO Transition
Automatic Data Processing Inc announced that Jan Siegmund, ADP's Chief Strategy Officer and President, Added Value Services, has been appointed Chief Financial Officer, effective November 5, 2012. He succeeds Chris Reidy, who has served as CFO since 2006. Mr. Reidy will remain available through calendar year-end to facilitate an orderly transition of his responsibilities to Mr. Siegmund. Full Article
Automatic Data Processing Inc Reaffirms FY 2013 Guidance
Automatic Data Processing, Inc. reaffirmed fiscal 2013 guidance and expects total revenues growth of 5% to 7%. Diluted earnings per share in a range of 5% to 7% from $2.72 earnings per share in fiscal 2012 which excludes the gain from the sale of assets in the second quarter of fiscal 2012. The Company reported revenue of $10.66 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $11.34 billion for fiscal 2013. Full Article
Automatic Data Processing, Inc. Declares Regular Quarterly Dividend
Automatic Data Processing, Inc. announced that it has declared a regular quarterly dividend of $0.395 per share payable October 1, 2012 to shareholders of record on September 14, 2012. Full Article
Angelica Corporation Selects Automatic Data Processing, Inc. To Deliver Integrated Human Capital Management Services
Automatic Data Processing, Inc. announced that it has implemented a customized, fully integrated human capital management solution for Angelica Corporation, provider of healthcare linen and medical laundry services. Full Article
Automatic Data Processing, Inc. Issues FY 2013 Guidance Below Analysts' Estimates
Automatic Data Processing, Inc. announced that for fiscal 2013, it expects total revenues growth of 5% to 7%. Diluted earnings per share in a range of 5% to 7% from $2.74 earnings per share in fiscal 2012 which excludes the gain from the sale of assets in the second quarter of fiscal 2012. The Company reported revenue of $10.7 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $11.52 billion and EPS of $2.99 for fiscal 2013. Full Article
WRAPUP 5-U.S. companies hire less, manufacturing growth slows in April
NEW YORK, May 1 - U.S. companies hired the fewest employees in seven months in April while manufacturing growth slowed to a crawl, suggesting the economy has run into a soft patch as budget-cutting in Washington starts to bite.
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