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$ADP 4Q15 PR: Interest on funds held for clients was flat compared to $95MM a year ago, and for 2015 increased 1% to $378MM compared to $373MM in 2014. Average interest yield on client funds was 1.7% in 4Q15, down slightly compared to 4Q14, and for 2015 was 1.7%, down approx. 10 BPs compared to 1.8% in 2014.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.