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ADP beats fourth-quarter revenue estimates on steady payroll demand

ADP beats fourth-quarter revenue estimates on steady payroll demand July 31 (Reuters) - Automatic Data Processing ADP.O beat Wall Street expectations for fourth-quarter revenue on Wednesday, helped by robust demand for its human resource management and payroll services. Employee management services by ADP, one of the biggest payroll processing companies in the world, have been seeing consistent demand even as the labor market cooled from its high growth levels seen at the start of the year.
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Charter Communications Inc CHTR.OQ +4.1% Baker Hughes Co BKR.OQ +4% Fastenal Co FAST.OQ +3.9% Diamondback Energy Inc FANG.OQ +3.7% Paychex Inc PAYX.OQ +2.7% Bottom Performers Percent Change Dollar Tree Inc DLTR.OQ -3.4% Biogen Inc BIIB.OQ -3.4% PDD Holdings Inc PDD.OQ -2.8% Lululemon Athletica Inc LULU.OQ -2.7% Starbucks Corp SBUX.OQ -2.5% The Nasdaq 100 .NDX gained 39.49 points,
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change MongoDB Inc MDB.OQ +6.3% Tesla Inc TSLA.OQ +5.2% Amazon.com Inc AMZN.OQ +4.0% Datadog Inc DDOG.OQ +3.9% Dexcom Inc DXCM.OQ +2.7% Bottom Performers Percent Change Moderna Inc MRNA.OQ -10.6% Constellation Energy Corp CEG.OQ -5.7% Paychex Inc PAYX.OQ -5.7% Automatic Data Processing Inc ADP.OQ -4.1% Illumina Inc ILMN.OQ -3.4% The Nasdaq 100 .NDX gained 21.69 points, or 0.11%, to 19,72
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U.S. STOCKS Altimmune, General Mills, Whirlpool

BUZZ-U.S. STOCKS ON THE MOVE-Altimmune, General Mills, Whirlpool Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were flat to higher in choppy trading on Wednesday, with technology stocks attempting to find a floor after a recent selloff, while investors awaited a crucial inflation report this week to gauge the path of monetary policy.
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U.S. STOCKS Grindr, FedEx, Moderna

BUZZ-U.S. STOCKS ON THE MOVE-Grindr, FedEx, Moderna Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff, while investors awaited a crucial inflation report this week to gauge the path of monetary policy.
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change MongoDB Inc MDB.OQ +4.0% Tesla Inc TSLA.OQ +3.9% Datadog Inc DDOG.OQ +2.9% Amazon.com Inc AMZN.OQ +2.7% Apple Inc AAPL.OQ +2.5% Bottom Performers Percent Change Paychex Inc PAYX.OQ -5.9% Moderna Inc MRNA.OQ -5.3% Automatic Data Processing Inc ADP.OQ -4.1% Constellation Energy Corp CEG.OQ -2.8% Qualcomm Inc QCOM.OQ -2.4% The Nasdaq 100 .NDX gained 41.57 points, or 0.21%, to 19,742.
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Payroll processor Paychex forecasts quarterly revenue growth below estimates, shares fall

UPDATE 1-Payroll processor Paychex forecasts quarterly revenue growth below estimates, shares fall Rewrites paragraphs 1, adds shares movement in paragraph 2, details in paragraphs 3-7 June 26 (Reuters) - Paychex PAYX.O forecast first-quarter revenue growth below Wall Street estimates on Wednesday, anticipated to be hit by sluggish spending by clients on human capital management and payroll services.
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Payroll processor Paychex forecasts annual profit above estimates on resilient spending

Payroll processor Paychex forecasts annual profit above estimates on resilient spending June 26 (Reuters) - Paychex PAYX.O forecast fiscal year 2025 profit growth above Wall Street estimates on Wednesday, anticipating resilient spending by its clients on its human capital management and payroll services. The company, which has more than 745,000 clients as of May 31, has benefited from a strong demand for its management solutions, which includes payroll processing, amid a challenging economic env
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Paychex, Inc. Reports Fourth Quarter And Full Year 2024 Results

BRIEF-Paychex, Inc. Reports Fourth Quarter And Full Year 2024 Results June 26 (Reuters) - Paychex Inc PAYX.O : PAYCHEX, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS SEES FISCAL 2025 TOTAL REVENUE TO GROW IN RANGE OF 4.0% TO 5.5% FY2025 EARNINGS PER SHARE VIEW $4.97, REVENUE VIEW $5.55 BILLION -- LSEG IBES DATA Source text for Eikon: ID:nB
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Paychex Q4 Adjusted EPS USD 1.12 Vs. IBES Estimate USD 1.1

BRIEF-Paychex Q4 Adjusted EPS USD 1.12 Vs. IBES Estimate USD 1.1 Jun 26 (Reuters) - Paychex Q4 revenue USD 1,295.1 million vs. IBES estimate USD 1,296 million. Q4 operating income USD 481.8 million vs. IBES estimate USD 513.7 million Q4 EPS USD 1.05 Q4 operating margin 37.2% outlook FY adjusted EPS growth 5-7%
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Rate angst creeps back; yuan, yen weaken anew

MORNING BID AMERICAS-Rate angst creeps back; yuan, yen weaken anew A look at the day ahead in U.S. and global markets from Mike Dolan In a year supposedly filled with central bank interest rate cuts around the world, the prospect of another G10 policy tightening amid fresh strains of stubborn inflation is just a bit jarring. With U.S. markets anxiously awaiting Friday's update on the Federal Reserve's favored PCE inflation gauge, Australia's dollar AUD= jumped 0.5% overnight after inflation ther
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Paychex Inc <PAYX.OQ> expected to post earnings of $1.10 a share - Earnings Preview

Paychex Inc expected to post earnings of $1.10 a share - Earnings Preview Paychex Inc PAYX.OQ PAYX.O is expected to show a rise in quarterly revenue when it reports results on June 26 for the period ending May 31 2024 The Rochester New York-based company is expected to report a 5.4% increase in revenue to $1.296 billion from $1.23 billion a year ago, according to the mean estimate from 14 analysts, based on LSEG data.The company's guidance on April 2 2024, for the period ended May 31, was for re
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U.S. earnings week ahead

DIARY-U.S. earnings week ahead June 21 (Reuters) - Diary of U.S. (.SPX) corporate earnings for the week ahead. ** Please Note - All times given are in U.S. EDT unless otherwise stated ** U.S. EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 25-Jun-2024 AMC FDX FedEx Corp Q4 2024 FedEx Corp Earnings Release 25-Jun-2024 AMC JNPR Juniper Networks Inc Q2 2024 Preliminary Juniper Networks Inc Earnings Release 26-Jun-2024 AMC MU.O Micron Technology Inc Q3 2024 Micron Technology Inc Ear
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