ADP is already making changes Ackman wants: CEO

NEW YORK (Reuters) – Automatic Data Processing Inc is already making many of the changes activist shareholder William Ackman is advocating, but it will take time to see results, Chief Executive Officer Carlos Rodriguez said in an interview on Wednesday.

EBay’s profit forecast disappoints, shares fall

(Reuters) – EBay Inc warned Wall Street on Wednesday that profit this quarter could fall below analysts’ estimates as it invests in marketing and a revamped website to attract more shoppers, sending shares down more than 5 percent in after-hours trade.