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Why Paychex Shares Are Making New All-Time Highs Today
Wednesday, December 22, 2021 - 11:06am | 218Read More...Paychex Inc (NASDAQ: PAYX) is trading higher Wednesday after the company announced better-than-expected fiscal second-quarter 2022 financial results. Paychex reported quarterly adjusted earnings of 91 cents per share, which beat the estimate of 80 cents per share. The company reported...
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Paychex Posts Inline Q3, Offers FY16 Outlook
Wednesday, March 30, 2016 - 10:10am | 255Read More...Shares of Paychex, Inc. (NASDAQ: PAYX) were trading lower by nearly 4 percent Wednesday morning after the company reported its third-quarter results. Paychex said that it earned $0.50 per share in the third quarter on revenue of $740.7 million. Wall Street analysts were expecting the company to...
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Indiana Continues To Outperform Other States In Employment Growth
Tuesday, June 2, 2015 - 2:41pm | 383Read More...Paychex, Inc. (NASDAQ: PAYX) released data for its IHS Small Business Jobs Index for the month of May on Tuesday, which showed that jobs growth slowed down for the month. Martin Mucci, Paychex CEO, was on CNBC to discuss the current overall state of employment in the U.S. and which states are...
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How Is Detroit Making A Comeback In The Job Market? Paychex CEO Explains
Tuesday, March 31, 2015 - 2:56pm | 388Read More...Many people wrote Detroit off when the automakers left and the city declared bankruptcy. Despite this widely-touted negativity, Detroit has not succumbed; we at Benzinga had and still have full faith in the city's spirit to bounce back and vigorously recover. It seems that faith is...
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Paychex CEO: Job Growth Encouraged By These 2 Things
Tuesday, February 3, 2015 - 2:46pm | 387Read More...Martin Mucci, Paychex, Inc. (NASDAQ: PAYX) CEO and president, was recently on CNBC to share his insight on Paychex's small-business hot zones. "This is the first time since April of 2014 that we saw positive turnaround," Mucci said. "So, when you look at those numbers and...
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Job Index Shows Michigan Leader In Small Business Hiring
Tuesday, July 29, 2014 - 3:51pm | 272Read More...The busiest jobs week of the month was kicked off by Paychex's (NASDAQ: PAYX) and IHS' (NYSE: IHS) Small Business Jobs Index Tuesday. July's reading was 101.11, a 0.34 percent improvement from the same period last year, following a 0.23 percent jump in June. Related...
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Exclusive: Paychex CEO Martin Mucci Talks Future M&A; Canada A Destination?
Friday, July 25, 2014 - 2:12pm | 501Read More...As laid out in the first part of this interview, Paychex (NYSE: PAYX) has a powerful growth story. CEO Martin Mucci explains further the role M&A plays in Paychex’s expansion. Despite aggressively returning capital to investors, Paychex showed $153 million of dry powder in the...
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Exclusive: Paychex CEO Martin Mucci Reveals 2 Elements Of The Growth Story
Thursday, July 17, 2014 - 3:59pm | 453Read More...Note: This is the first of a two-part series. Stay tuned for Martin Mucci's comments on M&A activity. Paychex (NASDAQ: PAYX) is known to most investors simply as one of two major payroll companies. Furthermore, most regard the stock as a stable but slow bet that pays a steady dividend...
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BenzingaPro Exclusive: Paychex CEO Says HR Services Will Continue Strong Growth
Thursday, July 17, 2014 - 3:26pm | 39Read More..."HR support has become a very big part of our business. It continues to grow, and is probably the fastest growing [segment]... I think we will continue to see that.” Stay tuned for the full story on Benzinga.com.
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Paychex Reports Q4 Earnings; Shares Relatively Neutral
Wednesday, July 2, 2014 - 6:51am | 311Read More...On Tuesday July 1, 2014, Paychex (NASDAQ: PAYX) reported its fourth quarter earnings. Shares of the company were neutral in after-hours trading. The company reported fourth quarter earnings per share of $0.40, which was inline with estimates. In addition, the company reported revenue of $639.0...
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Paychex Reports Q3 Earnings; Shares up 3.5%
Wednesday, March 26, 2014 - 5:12pm | 261Read More...Paychex, Inc. (NASDAQ: PAYX) reported its third quarter results Wednesday, March 26, 2014. Shareholders are joyful today as Paychex announced an increase of seven percent in revenue. Shares of the payroll services company are up $1.48 per share or 3.53 percent to $43.43. The company announced...
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Three Reasons Why Paychex Is A Warren Buffett Stock
Monday, October 21, 2013 - 1:53pm | 505Read More...Of all of the statements made by Warren Buffett that reveal his evolution as an investor, his observation that, “It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price," is the most telling. Previously, Buffett had been an adherent to the Value...
