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Automatic Data Processing |
Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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Automatic Data Processing (ADP) A private company that acts as an intermediary to perform proxy services for several banks and brokers. Distributes proxy material to beneficial owners, tabulates the returned proxies, and provides the Corporation or its tabulator compiled reports of the tabulation results. ADP also distributes quarterly reports and other corporate information to the beneficial owners. |
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? Mentioned in | ? References in periodicals archive | |
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CINCINNATI -- Today's "Street Chatter" from Schaeffer's Investment Research focuses on: Microsoft (NASDAQ:MSFT), Gilead Sciences (NASDAQ:GILD), Chevron (NYSE:CVX), and Automatic Data Processing (NYSE:ADP). Automatic Data Processing now expects revenue growth of 10% in fiscal 2006, compared to its previous guidance of high single-digit revenue growth. Looking forward, Automatic Data Processing forecasted fiscal 2006 revenue growth in the high single-digits and earnings per share growth of 15% to 20%, assuming stock compensation was expensed in fiscal 2005. |
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Automatic Data Processing