14:47 PM
From our live discussion on dividend investing: Chuck Carnevale likes names with yields around 3% that can double every three to five years - like [[MCD]] in restaurants, [[PG]] in consumer staples, and [[ADP]], [[PEP]], [[SYY]]. Join now to submit comments and questions.
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Thursday, November 12, 2009
11:58 AM
Every month investors pore over ADP's (ADP) payroll jobs report, but another indicator to watch is ADP's own stock price, up 12% in three months, and - like fellow payroll processor Paychex (PAYX, up 10% in three months) - outpacing the market.
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Wednesday, November 4, 2009
08:00 AMAutomatic Data Processing (ADP): FQ1 EPS of $0.56 beats by $0.06. Revenue of $2.1B (-3.6%) in-line. (PR)
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08:16 AMAutomatic Data Processing (ADP): FQ4 EPS of $0.45 in-line. Revenue of $2.1B (-4.5%) in-line. Issues downside guidance for FY '10, sees EPS of $2.29-2.39 vs. $2.44 consensus, sees revenue down 1-4%, or to roughly $8.51-8.78B, vs. $8.94B consensus. (PR)
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13:39 PM
Only seven non-financial companies still boast an AAA credit rating - down from more than 60 in the early 1980s. With the spread between AAA and AA- a massive 1.12% (it's usually about 0.06%), GE, Toyota (TM), ADP, Exxon (XOM), J&J (JNJ), Pfizer (PFE) and Microsoft (MSFT) have good reason to fight for their grades.
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