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Stock Market & Financial Investment News

News Breaks
August 20, 2014
08:51 EDTADVSAdvent Software recent weakness a buying opportunity, says Sandler O'Neill
Sandler O'Neill said recent weakness in Advent Software is a buying opportunity ahead of catalysts that include the roll-out of Advent Direct. Shares are Buy rated with a $36 price target.
News For ADVS From The Last 14 Days
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July 6, 2015
17:24 EDTADVSWest Pharmaceutical to replace Advent in S&P 400 as of July 8
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June 23, 2015
12:50 EDTADVSAdvent discloses intention to restructure, eliminate roles within organization
In a regulatory filing, Advent disclosed that it determined to restructure or eliminate certain roles as part of an internal reorganization of responsibilities. As a result, the employment of Adventís Executive Vice President, Todd Gottula, and Executive Vice President, Sales and Solution Management, Chris Momsen, will terminate effective September 1, 2015. The employment of Adventís Executive Vice President, Global Customer Experience, Anthony Sperling, will terminate effective October 1, 2015. In addition, Advent expects to eliminate approximately 40 roles in the third quarter of 2015, and may eliminate an additional 15 roles over the next 12 months upon the completion of the pending transaction with SS&C Technologies Holdings. Advent is unable to estimate the costs associated with such actions at this point.

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