Bob Scott

Bob Scott

ADP in Proxy Fight with Investor

William Ackman, Pershing Square Capital ManagementADP is in proxy fight after the payroll services company, refusing this week to nominate three candidates for the board of directors submitted by Pershing Square Capital Management. The board unanimously rejected the group's candidates saying the rivals do not bring additional skill or experience to the board.

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QuickBooks Online: Big Growth Ahead

Brad Smith, IntuitIntuit expects to add about 1 million new subscribers for QuickBooks Online for the year ending July 30. The company projects the level will hit 3,275,000 to 3,375,000 subscribers in the current fiscal year. That is up 27.2 percent over the 2,383,000 at the end of fiscal 2017, which itself was up 58 percent from the 2016 totals.

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Former Block CEO's Pay Up 22.6%

William Cobb, former CEO H&R BlockIn his last year on the job, William Cobb, the recently retired CEO of H&R Block saw a 22.6-percent rise in compensation. Cobb, who left on July 31, was given slightly more than $8 million for the year ended April 30, up from $6.6 million the year before. The company reported its executive pay for fiscal 2017 to the SEC recently, with a list that is rapidly changing.

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