Question-and-Answer SessionOperator Operator instructions. Our first question comes from the line of Charles Duncan from JPM Securities. Please proceed. Charles Duncan - JPM Securities I had a question regarding the schizophrenia disease and adjunctive therapy trial you mentioned Uli that that might be the quickest route to the market,...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from James Kissane – Bank of America/Merrill Lynch James Kissane – Bank of America/Merrill Lynch Do you have a sense of the magnitude of the decline in the sales and small business arena? Maybe give us your sense of the tone...
ADP reports 203,000 private-sector jobs were lost in October, compared to 227,000 in September. This marks the seventh straight month of job loss declines.
Automatic Data Processing (NasdaqNM: ADP) hit a new 52-Week high of $44.37 so far today. Currently the stock is up $0.74 (1.7%) to $44.19 on 1,376,542 shares traded. Today's high is up $12.52 fr...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
Top hedge fund managers including Paul Tudor Jones and David Einhorn have built big gold positions this year on concern about inflation. But what if the price of the precious metal already reflects this worrying outlook?
Available to all automobile and light truck dealers, ADP offers
in-dealership seminars that cover the fundamental changes the “new” auto
retail marketplace brings to DMS solutions as we head into recovery
This month, both Intuit and ADP made some SaaS acquisitions. Intuit has followed an aggressive acquisition strategy this year. It began its SaaS rollup with PayCycle for $170 million in June, and early this month it bought Mint.com for $170 million. ADP made its first acquisition this year with...
We all want to succeed in everything that we do, including investing in the stock market. Though I have no analytical data to back it up, I am convinced that most people will lose money in the stock market over their lifetime. So why do so few people succeed at investing? Could it be that an individual's desire to succeed be a significant reason for their failure.[More...]
On the search for a true “safe haven” investment. (Felix Salmon)
How do you create a “forever fund” with long term wealth preservation in mind? (Aleph Blog)
Eight trading superstitions. (The Reformed Broker)
Interest rates are so low some companies are raising money even though they don’t need it. (The Money Game)
There is an overabundance of short interest [...]
Option implied volatility (IV) on the video game software company Electronic Arts (NYSE:ERTS) rose slightly to 49% on Monday on the news that the company was buying a London-based social network game company called Playfish. Gosh, IV fell back to 40%. Implied volatility is widely believed to be informationally superior to historical volatility, because it is the "market's" forecast of future volatility. Higher the volatility higher is the chance of an upside or a downside on a stock and its option.[More...]
The monthly employment situation report is the most watched economic release. The attention has never been greater.
Everyone is interested in the unemployment rate, especially when it is approaching 10%. It is a natural topic for the media.
Partisan politics has a jobs focus. While the Obama Administration may be claiming jobs "created or saved," this is of little interest to most. The bottom line for most voters will be whether the net job change turns positive and the unemployment rate declines. Few care about hypothetical results.[More...]
Holy smokes... the Dow finally did it! The bulls were able to close it above the key 10,700 area, setting the stage for a potential "melt-up" as traders scamble to ride the bullish wave. Mr. Market will ultimately have the final say but you can't dispute today's bullish price action. Stevie Wallstreet also shares why the media is late to the party on the demise of the housing sector and takes a look at the following charts: (HGX), (FFIV), (IRM), (EBAY), (GOOG), (YHOO), (SIGI), (AET), (PGR), and (ADP).
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