Albert D Mason Inc has net portfolio value of $268 million and Hormel Foods Corp (NYSE:HRL), Norfolk Southern Corp. (NYSE:NSC), Automatic Data Processing (NASDAQ:ADP) are among its top stock holdings, as per its recent SEC 13F filing on October 14. Albert D Mason Inc has its largest investment in energy sector and industrial firms. The…
Automatic Data Processing (ADP)’s Shares Tank After CDK Global, Inc. (CDK) Spinoff
The shares of Automatic Data Processing (NASDAQ:ADP) closed at $71.42 one day after the spinoff of CDK Global. The company lost 13.71% of its share value in the last two days after the spinoff. Earlier, ADP completed the spinoff of CDK Global to create a separate entity that would offer technology and marketing services to auto…