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Fly News Breaks for December 18, 2017
PAYC, ULTI
Dec 18, 2017 | 08:17 EDT
Credit Suisse analyst Michael Nemerof notes that the Fed voted to raise interest rates and projects future rate hikes, which he believes would bode well for Ultimate Software (ULTI) and Paycom (PAYC) as both companies earn interest on funds held for clients.
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