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A Look At ADP After The Proxy Battle
Tuesday, November 14, 2017 - 12:56pm | 450Read More...Bill Ackman's proxy battle against Automatic Data Processing (NASDAQ: ADP) didn't end well for the activist investor. In fact, in the company's CEO Carlos Rodriguez's own words, shareholders delivered an "ass-whipping" decision to renominate all 10 directors while Ackman...
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ADP Shareholder Meeting Sees Pershing's Proxy Defeated
Tuesday, November 7, 2017 - 2:21pm | 429Read More...Activist hedge fund manager Bill Ackman was dealt another blow this week when he came out on the losing side of a proxy battle to place three Pershing Square representatives on the board of Automatic Data Processing (NASDAQ: ADP). Ackman’s nominees received votes from less than 20 percent of...
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Bill Ackman's New Question To ADP: Why Is Revenue Productivity Lower Versus Competitors
Thursday, October 5, 2017 - 8:51am | 453Read More...Billionaire investor Bill Ackman's activist campaign against Automatic Data Processing (NASDAQ: ADP) has been well publicized and at times not so friendly. As Ackman continues to make the case for why he should be given representation on the board he issued another open question to the management...
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Bill Ackman's Pershing Square Sticks To Its Guns On Call For Changes At ADP
Thursday, September 7, 2017 - 10:36am | 514Read More...This week, Pershing Square Capital’s Bill Ackman doubled down on his calls for change at Automatic Data Processing (NASDAQ: ADP), outlining a number of things he believes the company could do to unlock shareholder value. In a new slideshow presentation, Ackman clarified his calls for...
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Highlights From Cramer's Interview With ADP's CEO Carlos Rodriguez
Tuesday, August 22, 2017 - 1:19pm | 642Read More...Billionaire investor Bill Ackman's activist campaign against Automatic Data Processing (NASDAQ: ADP) is turning nasty, the company's CEO Carlos Rodriguez explained to CNBC's Jim Cramer. Rodriguez spoke with Ackman before he went public and vocal with his proxy contest and asked for a...
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ADP Says Private Sector Job Growth Surged In June
Wednesday, July 2, 2014 - 7:39am | 358Read More...ADP reported that the private sector job market improved strongly during the month of June. The report shows that private sector jobs surged by 281K jobs during the month, which was well above the consensus expectations for a gain of 206K as well as the data seen in the last five months. Last...
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ADP Employment Report Shows 119,000 New Jobs In April vs. Expectations of 150,000
Wednesday, May 1, 2013 - 8:12am | 514Read More...U.S. private employers added just 119,000 jobs, in data released Wednesday morning from ADP, the nation's largest processor of payrolls. This was the fewest number of new jobs added since September 2012. Economists were expecting 150,000 new jobs in the ADP report, and this followed a gain of 131...
