Paychex Inc. (PAYX) News
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Latest PAYX News From Around the Web
Below are the latest news stories about PAYCHEX INC that investors may wish to consider to help them evaluate PAYX as an investment opportunity.
Here’s Why Paycor HCM Inc. (PYCR) Led This Week’s RallyWe recently published an article titled These 10 Firms Led This Week’s Rally. In this article, we are going to take a look at where Paycor HCM Inc. (NASDAQ:PYCR) stands against the other stocks. Ten companies finished stronger this week, outpacing the broader market thanks to a series of catalysts that lifted investor sentiment. On Friday, […] |
Cramer on Paychex (PAYX): Potential Merger with Paycor and the FTC’s Impact on DealsWe recently published a list of Jim Cramer Discussed These 29 Stocks Ahead Of Major AI Event. In this article, we are going to take a look at where Paychex, Inc. (NASDAQ:PAYX) stands against other stocks ahead of major AI event that Jim Cramer discussed. In his appearance on Squawk on the Street the day […] |
Paychex Declares Quarterly DividendROCHESTER, N.Y., January 10, 2025--The Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend on Paychex common stock of $0.98 per share payable on February 27, 2025 to shareholders of record as of February 7, 2025. |
Paychex Stock Gets Technical Rating UpgradePaychex stock had its Relative Strength (RS) Rating upgraded from 70 to 75 Wednesday — a welcome improvement, but still shy of the 80 or better score you prefer to see. This unique rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database. See if Paychex stock can continue to show renewed price strength and hit that benchmark. |
BMO, Stifel analysts downgrade Paycor after $4.1bn sale to PaychexAnalysts at Stifel and BMO Capital Markets cut the stock rating of Paycor (NASDAQ:PYCR) HCM, in response to Paychex's (NASDAQ:PAYX) move to acquire the company for $22.50 per share. This acquisition price represents a 19% premium over the unaffected price of Paycor's shares. |
Pace of U.S. Small Business Job Growth Moderated in 2024ROCHESTER, N.Y., January 08, 2025--Job growth in U.S. small businesses with fewer than 50 employees averaged modest employment growth throughout 2024, according to the Paychex Small Business Employment Watch. The national jobs index was relatively unchanged (0.02 percentage points) at the close of the year in December and has held its pace since the summer. At 2.96% in December, hourly earnings growth for U.S. small business workers remained below three percent for the fifth consecutive month. |
US Equities Markets End Lower Tuesday as Investors Evaluate Economic DataUS benchmark equity indexes ended lower Tuesday as traders parsed the latest economic data. * The |
Paychex to Buy Paycor HCM For $4.1 Billion in Bid to Expand Upmarket, Advance AI CapabilitiesPaychex (PAYX) struck a deal to buy Paycor HCM (PYCR) in a $4.1 billion deal that will help the huma |
Paychex Snaps Up Paycor: $4.1 Billion Deal To Strengthen AI-Driven HR SolutionsPaychex, Inc. (NASDAQ:PAYX) shares are trading higher on Tuesday after the company disclosed a deal to fully acquire Paycor HCM, Inc. (NASDAQ:PYCR) in an all-cash transaction representing an enterprise value of around $4.1 billion. Paychex will acquire Paycor for $22.50 per share, which represents a 19% premium over Paycor’s 30-day volume-weighted average trading price as of January 3, 2025. The Apax Funds acquired a majority stake in Paycor in November 2018 for $1.3 billion and took the company |
Paychex to buy rival Paycor in $4.1 billion deal to expand AI-driven HR products(Reuters) -Paychex said on Tuesday it will acquire payroll processing firm Paycor HCM for about $4.1 billion in cash, as the HR management firm looks to broaden its artificial intelligence capabilities and consolidate its market share. Paychex will pay $22.50 for each Paycor share, representing about a 21.4% premium to the stock's last close on Friday, before the news was reported. |