Automatic Data Processing Stock News

A feeling of "normalization" has re-entered the markets, welcome as a spring breeze.

U.S. Private Payrolls Climb in February.

US stocks are rallying on hopes that the hard-hitting sanctions could be working on Russia and on expectations that Fed Chair Powell will signal the central bank will be in wait-and-see mode with regards to aggressively tackling inflation until they assess the war in Ukraine impact. Risk appetite will struggle to fully return until a […]

Green Dot (GDOT) fourth-quarter 2021 revenues surge year over year.

ICF International (ICFI) fourth-quarter 2021 earnings and revenues fall year over year.

Private-sector job results were good -- much better than expected, and a world away from what we saw a month ago.

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. (Wednesday Market Open) S&P 500 futures are pointing to a higher open as support around the 4,300 level appears to be holding despite another spike in oil prices. Last night, President Joe Biden offered his state of the union address; today investors will hear from Federal Reserve Chairman Jerome Powell who is scheduled to testify before Congress. This morning the ADP Nonfarm Employment report showed more jobs than expected were added in February, and the January number was revised higher as well. Most jobs were added by medium and large companies, while small companies were net negative. Leisure and hospitality were the top hiring companies once again. Crude oil futures were trading near $109, or about 5.4% higher, as many oil buyers are shunning Russian oil. Even if purchasers want Russian oil, shipping is being disrupted because of the difficulty in getting tankers into Russia.

The U.S. economy added close to a half-million private jobs in the month of February -- soundly beating most analysts'' expectations, ADP and Moody''s Analytics said in their monthly labor report on Wednesday.

Payroll services firm ADP reported private employment had increased by 475,000 nationally in Feb, more than analysts expected. The firm also completely revised its data for Jan, saying employers added 509,000 positions, rather than losing the 301,000 they had initially reported

Payroll processor ADP released a report on Wednesday showing U.S. private sector employment jumped by much more than expected in the month of February. ADP said private sector employment surged by 475,000 jobs in February compared to economist estimates for an increase of 388,000 jobs.