Paychex Reports Second-Quarter Results in Line With Analyst Targets; Shares Rise
Payroll and human resources service provider Paychex reported solid results in the second quarter and reiterated full-year guidance. Shares are trading 1.6% higher on the news.
How Paychex Can Face ADP's and Intuit's Threat
Paychex is getting boxed in by Automatic Data Processing on the high end and by Intuit's increasingly aggressive expansion efforts for small businesses. How can Paychex respond to keep growing? Find out here.