Payroll and personnel services provider Paychex Inc. said Wednesday its profit fell 10 percent in the second quarter as it processed a smaller number of paychecks due to the high level of unemployment. Paychex reiterated that its 2010 profit will fall by 10 percent to ...

Shares of Paychex Inc. fell 6 percent Thursday after fourth-quarter profit and revenue results missed analyst expectations. Deutsche Bank Securities Inc. analyst Christopher Mammone maintained a "hold" rating and a price target of $23 on the payroll and personnel services company. Shares were down $1.61, or 6 percent, at $15.10 ...

Payroll and personnel services provider Paychex Inc. said Wednesday its fiscal fourth-quarter profit and sales declined in what the company called one of the most challenging years in its history. For the three months ended May 31, the company earned $113.8 million, or 32 cents per share, down 16 percent from ...