Before You Buy Paychex Stock, Settle This
Paychex's largest business, Management Solutions, grew more slowly in the first quarter than management expected. That line brings in most of the company's revenue, so a lasting shortfall would slow all of Paychex (PAYX). Management says the shortfall is mostly revenue moving to another part of Paychex, but it has not said how much moved.
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The summary here comes from the news provider; the rest of the article lives on the publisher's site: Yahoo