Stock Information: SS&C Technologies Holdings, Inc. (Nasdaq:SSNC) to acquire Advent Software; Rent-A-Center, Inc. (NAsdaq:RCII), Cliffs Natural Resources Inc. (NYSE:CLF)

SS&C Technologies Holdings, Inc. (Nasdaq:SSNC) to acquire Advent Software for $44.25 per share, $2.7B. SS&C  Technologies Holdings (SSNC) and Advent Software (ADVS) declared that the organizations have gone into a conclusive assention wherein Ss&c will take over Advent. Under the terms of the understanding, SS&C  will buy Advent for an undertaking estimation of pretty nearly $2.7b in real money, comparing to $44.25 per share  in addition to assumption of debt. The exchange speaks to a continuation of SS&C 's  demonstrated development technique through acquisitions in the money related administrations programming and programming empowered administrations commercial ventures. The closing for SSNC was $54.55 at the day’s end. It was a change of $0.78. SSNC saw a market cap of $4.56B and its Trailing P/E was 39.22

 

Rent-A-Center, Inc. (NAsdaq:RCII) CEO comments on Q4 results. "During the fourth quarter, Core U.S. same store sales were essentially flat and Acceptance Now continued to deliver strong same store sales growth. This resulted in total company same store sales of approximately 5 percent for the quarter. In addition, Core U.S. operating profit increased year over year for the first time in many quarters.” Davis said. RCII closed for the day at $35.03 with a change of $0.75. Trailing 12 month’s profit margin for RCII is 2.69% and for the same period, its operating margin is 5.89%.

 

Cliffs Natural Resources Inc. (NYSE:CLF) sees U.S. FY15 sales/production volume around 22M tons. For year 2015, Cliffs hopes for full-year deals and generation volume of more or less 22m tons from its U.S. Iron Ore  activities. As beforehand revealed, Cliffs has no plans to fare any pellets out of the Great Lakes in 2015. Bluffs' full-year 2015 U.S. Iron Ore money creation cost hopes are $55 - $60 every ton. The organization's money expense of merchandise sold every ton expectation is $60 - $65. In NYSE, CLF traded with a change of $0.55 and closed for the day at $6.97 with a volume of 13,253,691 shares.  CLF‘s revenue in last one year has been $4.85B, return on assets 2.68% and return on equities -205.93%.