Automatic Data Processing Inc (ADP)

Automatic Data Processing Inc (ADP)

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Automatic Data Processing Inc (ADP) Profile

Automatic Data Processing Inc (ADP.xnas) is a global provider of human resources management software and services headquartered in Roseland, New Jersey, United States. ADP offers capital management solutions including payroll services, human resource management, talent management, benefits administration, time and attendance, HR BPO, retirement services, and insurance services for small, mid-sized and large businesses. APD products are provided in more than 140 countries and markets across America, Asia and the Pacific, Europe, the Middle East and Africa and have 56,000 employees. The Automatic Data Processing Inc stock is listed on the Nasdaq, had a market capitalisation of $95.42B (USD) as of January 2022 and $14.59B (USD) in 2020 yearly revenues. In early 2022, ADP announced advancing the benefits experience for large and medium-sized businesses with Application Programming Interfaces (API) integrations to help HR and finance teams improve accuracy, save time, and provide a better benefits experience for employees.

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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