ADP Profit Beats Estimates As Costs Decline - Congoo

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ADP profit beats estimates as costs decline

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Inside Fidelity | November 05, 2009

By Juan Lagorio NEW YORK (Reuters) - Automatic Data Processing Inc (ADP) posted higher-than-expected quarterly earnings on Wednesday as the world's largest payroll processing company trimmed expenses to offset lower sales. ADP also raised its fiscal 2010 revenue forecast, and its shares rose 1.35 pe...

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