HR leaders can rapidly source and implement benefits of AI across their HCM ecosystems ROSELAND, N.J., Feb. 22, 2024 /PRNewswire/ -- ADP Marketplace, the world's largest digital HR storefront with over 800 partner solutions worldwide, is enhancing the client experience by offering AI-enabled, integrated partner solutions. ADP Marketplace now provides clients with greater ease and confidence in identifying and selecting these solutions for their companies. ADP Marketplace has adopted responsible AI principle ...

The Zacks Outsourcing industry has experienced significant growth, driven by various economic, technological and business factors. Key drivers include the pursuit of cost savings, access to a pool of skilled talent and the opportunity to focus on core competencies. According to a report by ReportLinker, the outsourcing sector is projected to see substantial expansion, with an estimated growth of $75.89 trillion between 2023 and 2027. This growth is expected to maintain a steady compound annual growth rate ( ...

WEX Inc. (WEX) delivered mixed fourth-quarter 2023 results wherein earnings missed the Zacks Consensus Estimate while revenues surpassed the mark.The company’s shares increased 6.9% despite missing the fourth-quarter earning estimate.Adjusted earnings (excluding $1.16 from non-recurring items) of $3.14 per share missed the Zacks Consensus Estimate by 4.6% but improved 3.3% year over year. Total revenues of $663.3 million outpaced the consensus estimate by 1% and increased 7.2% year over year.Quarterly Detai ...

pcess609/iStock via Getty Images 4-Factor Dividend Growth Portfolio The 4-factor dividend growth portfolio was launched on November 1st, 2022. You can read about the strategy, stock selection process, and portfolio construction in this 4-Factor Dividend Growth Portfolio article. In a nutshell, the strategy leverages the stock selection process of Schwab's U.S. Dividend Equity ETF™ (SCHD), or rather its underlying index, the Dow Jones US Dividend 100 Index (DJUSDIV), with a few minor modifications. The f ...

DigtialStorm/iStock via Getty Images Introduction It's time to talk about one of the best dividend growth stocks on my radar. That company is Automatic Data Processing (NASDAQ:ADP). Founded in 1949, ADP is not only a mature company with Dividend Aristocrat status but also a company that has figured out how to stay on top of its peers. My most recent article on this company was written on November 26, when I went with the title "Dividend Investors Take Note: Automatic Data Processing Has It All!" Since then, ...

With interest rate cuts on the horizon, investors can turn to software stocks for growth in 2024. Global software spending is rising with AI being a fundamental driver to the rising demand of software and IT solutions for businesses. Gartner forecasts worldwide IT spending to reach $5 trillion in 2024, an increase of 6.8% from 2023.   Software companies are pivotal to businesses day to day operations across many different industries. The market opportunities in generative AI also present a compelling reason ...

Automatic Data Processing, Inc. (NASDAQ:ADP) Q2 2024 Earnings Conference Call January 31, 2024 8:30 AM ET Company Participants Maria Black - President & CEO Don McGuire - CFO Danny Hussain - VP, IR Conference Call Participants Mark Marcon - Robert W. Baird James Faucette - Morgan Stanley Ramsey El-Assal - Barclays Bryan Keane - Deutsche Bank Scott Wurtzel - Wolfe Research Bryan Bergin - TD Cowen Samad Samana - Jefferies Group Kevin Mcveigh - UBS Tien-Tsin Huang - J.P. Morgan Dan Dolev - Mizuho Securities Pe ...

January Jobs Week continues this morning, even as we’re only just closing out the month today. Private-sector payrolls reported by Automatic Data Processing ((ADP) came in below estimates: 107K versus 150K expected, and beneath the previous month’s downwardly revised 158K. We’ve now spent a full six months sub-200K private-sector job gains per month. Typically, the breakdown was 30K new private-sector jobs in goods producing and 77K in services.Based on company size, small firms (fewer than 50 employees) ga ...

Automatic Data Processing, Inc. (ADP)  reported impressive second-quarter fiscal 2024 results, wherein both earnings and revenues beat their respective Zacks Consensus Estimate.Adjusted earnings per share (EPS) of $2.13 beat the consensus estimate by 1.4% and grew 8.7% from the year-ago quarter’s figure.Total revenues of $4.67 billion surpassed the consensus estimate by 0.2% and improved 6.3% from the year-ago quarter’s reading on a reported basis as well as at cc.SegmentsEmployer Services’ revenues of $2.9 ...

January Jobs Week continues this morning, even as we’re only just closing out the month today. Private-sector payrolls reported by Automatic Data Processing (ADP) came in below estimates: 107K versus 150K expected, and beneath the previous month’s downwardly revised 158K. We’ve now spent a full six months sub-200K private-sector job gains per month. Typically, the breakdown was 30K new private-sector jobs in goods producing and 77K in services.Based on company size, small firms (fewer than 50 employees) gai ...