Automatic Data Processing (NASDAQ:ADP) reported quarterly earnings of $1.50 per share which beat the analyst consensus estimate of $1.46 by 2.74 percent. This is a 25 percent increase over earnings of $1.20 per share from the same period last year. The company reported quarterly sales of $4.10 billion which beat the analyst consensus estimate of $4.05 billion by 1.23 percent. This is a 9.71 percent increase over sales of $3.74 billion the same period last year.
China Inflation Slowed in August; Slower Domestic Demand Due to Covid Restrictions
https://www.marketwatch.com/amp/story/china-inflation-eases-on-slower-domestic-demand-amid-covid-restrictions-update-271662688737
