Paychex Inc. (NQ: PAYX)
40.92 USD  +0.04 (+0.10%)
Official Closing Price  /  Updated: 8:10 PM EDT, Apr 24, 2014  /  Add to My Watchlist      
(PAYX) Community Analysis from
April 24, 2014
1. Short trade in Coach, Inc.(COH) entry on break of whole number $49. Covered below on pullback for profitable trade.   2. Long trade open on break of prior high ...(read more)
(Stock Blog Hub, 4/21/13)
Shares of Paychex Inc. (PAYX) reached a new 52-week high of $36.16 on Thursday, Apr 11, 2013, following decent third-quarter 2013 results announced on Mar 27, an improving job market,...(read more)
(Stock Blog Hub, 12/14/11)
Paychex Inc. (PAYX) has introduced a software-as-a-service (SaaS) application that is tailor-made for Apple Inc.’s (AAPL) iPad. We believe that the launch of this product will give the ace...(read more)
Paychex (PAYX) Company Overview

Paychex, Inc. (NYSE: PAYX) processes payroll, handles employee benefits, and offers related human resources services for its over 554,000 clients.[1] Most of its clients are either small or medium-sized businesses with fewer than 100 employees; such firms make up 98% of its customer base.[2] Rochester, NY-based Paychex does nearly all of its business in the U.S., although it also serves 900 clients in Germany through offices in Hamburg, Berlin, Munich and Dusseldorf.[3]

Paychex's market exists because developing and administering a payroll processing system is too expensive or time-consuming for many small and medium-sized businesses to do themselves, but Paychex's scale advantage and specialized expertise let it carry out these functions much more efficiently. While the firm's Core Payroll segment accounts for most of its payroll processing business, it also has a Major Market Services (MMS) segment for its larger clients. MMS offers payroll processing in the format of software-as-a-service - i.e., clients pay a fee to use Paychex's software on their own servers and administer the system through an in-house human resources department.[4]

(Read more at Wikinvest )

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here