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ADP Unveils Lyric: The Flexible, Intelligent and Human-Centric Global HR Platform
Prnewswire· 2024-09-23 13:59
ADP Lyric HCM leverages GenAI to provide personalized employee experiences on a global scaleROSELAND, N.J., Sept. 23, 2024 /PRNewswire/ -- ADP® today announced the launch of ADP Lyric HCM, a Human Capital Management (HCM) platform designed to meet the evolving needs of the modern workforce through global HR, payroll and service. By combining flexibility, intelligence and human-centric design, Lyric provides a ground-breaking solution that enhances employee experience on a global scale.ADP® today announced t ...
Nonfarm Payrolls Fall Short of Expectations
ZACKS· 2024-09-06 15:41
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 ...
Jobs Report, Revisions Lower: 50 bps Cut in the Cards?
ZACKS· 2024-09-06 15:21
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 ...
10 Dividend Blue-Chip Bargains To Potentially Profit From This Irrational Market Freakout
Seeking Alpha· 2024-09-06 11:00
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 ...
Automatic Data Processing: Dividend Growth With Operational Leverage
Seeking Alpha· 2024-09-05 21:28
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. (ADP) Citi's 2024 Global TMT Conference (Transcript)
Seeking Alpha· 2024-09-05 19:53
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 ...
Automatic Data Processing, Inc. (ADP) Citi's 2024 Global TMT Conference (Transcript)
2024-09-05 19:53
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 ...
ADP Payrolls Lower Than Expected
ZACKS· 2024-09-05 16:05
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 ...
Inflation Controlled: ADP, Labor Costs, Jobless Claims
ZACKS· 2024-09-05 15:20
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 ...
ADP: Private Sector Job Creation Slows for Fifth Consecutive Month
PYMNTS.com· 2024-09-05 14:35
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 ...