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In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
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ADP private sector payrolls data was one of the key metrics we were looking for ahead of Friday's key unemployment and payrolls reports. It is a large gain, but perhaps not quite as robust as many ...