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automatic data processing |
Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson | 0.02 sec. |
automatic data processingSame as data processing. automatic data processing [¦ȯd·ə¦mad·ik ¦dad·ə ′präs‚əs·iŋ] (engineering) The machine performance, with little or no human assistance, of any of a variety of tasks involving informational data; examples include automatic and responsive reading, computation, writing, speaking, directing artillery, and the running of an entire factory. Abbreviated ADP. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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CINCINNATI -- Today's "Street Chatter" from Schaeffer's Investment Research focuses on: Microsoft (NASDAQ:MSFT), Gilead Sciences (NASDAQ:GILD), Chevron (NYSE:CVX), and Automatic Data Processing (NYSE:ADP). Automatic Data Processing now expects revenue growth of 10% in fiscal 2006, compared to its previous guidance of high single-digit revenue growth. Looking forward, Automatic Data Processing forecasted fiscal 2006 revenue growth in the high single-digits and earnings per share growth of 15% to 20%, assuming stock compensation was expensed in fiscal 2005. |
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