You have no clue what you are talking about do you? ADP is one of the best run companies in America. They hold $20+ Billion of their clients money at any point in the day , I think they are pretty good at monitoring cash and being accountable....
Really? Companies like to keep stock prices under $100, the average investor buys stocks in the 25-50 range. I'm fully capable of understanding the mathematics behind it, thank you. Why did Apple do a 6:1 split last year, one of the largest market cap companies in the world? Because at $600+ per share they were pricing themselves out of the average investor mentality. So that is why companies do splits...have a nice day.....
Time for a 2:1 split. In the old days, late 90's, stock split when it hit 80+ for an extended period of time. Now there for that same amount of time.....let's go, give me another share for every one I have, and then grow it back to 80 again....
Actually it's a very smart move. Employees have their whole financial future tied up in their job with the company, it is silly to also keep your 401(k) investment there. If something happens to the company, they could lose their job and a lot of their long term retirement future. Most good advisors suggest to divest company stock in your 401(k) as soon as it is put in.
Because the average main street investor won't buy shares over $100/share. Obviously has no impact on the value of the company, but keeps it in the range that investors will buy at.
You are an idiot. The largest budget deficits have been rolled up by Oduma, TRILLION plus every year for 5 years now. Largest ever under Bush was $400 BIllion.....so who is spending the money, yep Oduma....
They have tried to cut taxes to stimulate businesses, they have tried to decrease tax on overseas earnings, call repatriation for a novice like you, to allow companies to bring the money back to the US to invest, they tried to cut gov't regulation which this idiot Pres increased, they tried to get the idiot Pres to approve XL pipeline to provide jobs, they tried to cut gov;'t spending so our deficit doesn't go up to $20 TRILLION like this idiot would like, they tried to keep this idiot from wasting money on Solyndra and other wonderful Green initiatives that cost taxpayers billions of dollars....should I go on idiot?
go back to the unemployment line under this idiot president, worse economic recovery from a recession since 1929, all led by the fool in the WHite house.
Let me see, higher % of people employed under Bush (data.bls.gov/timeseries/LNS11300000) more people employed under Bush, higher wages under Bush, Less Debt under Bush (highest deficit he ever had was $20 Billion) Oduma has over $1TRILLION every year,
And let me ask, how exactly does the Congress create jobs? Lower regulation, Oduma not in favor of that in fact added regulations. Spend Gov't money? Spent hundreds of billions and there was no impact on employment......so really, Oduma has been a complete failure as a Pres and you still blame Bush....get a life fool!
You are such a loser. THe price of Ford has nothing to do with Oduma. Do you blame him for the BK of GM and Chrysler too?
Thinking $20.50 by Dec 31 and after great 4Q results pushing $23.00 Thoughts, guesses?
Capitalism has made the US the envy of every country in the world. Why do you think so many people want to come to America, where they can work hard and make a better life for themeselves... our Pres has different ideas, just like you..
Good thing is that they have had great results with very low interest rates, if they tick up even a little look out for $100/share.