JPMorgan Upgrades Advent Software (ADVS) to Neutral

Go back to JPMorgan Upgrades Advent Software (ADVS) to Neutral

Wedbush Upgrades Advent Software (ADVS) to Outperform

June 14, 2013 7:45 AM EDT

Wedbush upgraded Advent Software (NASDAQ: ADVS) from Neutral to Outperform with a price target of $38.00 (from $27.00). Yesterday Advent announced a one-time special cash dividend of $9 per share totaling approximately $470 million. The special dividend will be financed with cash on hand and proceeds from Advent's recently closed... More

Advent Software, Inc. (ADVS) Declares $9.00 Special Dividend; 27.8% Yield

June 13, 2013 9:16 AM EDT

Advent Software, Inc. (NASDAQ: ADVS) declared a special dividend of $9.00 per share.

The dividend will be payable on July 9, 2013, to stockholders of record on July 1, 2013.

The annual yield on the dividend is 27.8 percent.

The special dividend will be financed... More