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SS&C Technologies Inc - $SSNC STOCK NEWS

Welcome to our dedicated page for SS&C Technologies news (Ticker: $SSNC), a resource for investors and traders seeking the latest updates and insights on SS&C Technologies stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SS&C Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SS&C Technologies's position in the market.

Rhea-AI Summary

SS&C Technologies Holdings, Inc. announced the pricing of $750 million of senior notes with an interest rate of 6.5% due 2032. The offering is expected to close on May 9, 2024. The company will use the net proceeds to repay existing loans and related fees.

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End-of-Day
0.47%
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Rhea-AI Summary

SS&C Technologies Holdings, Inc. announced a private placement offering of $750 million in senior notes due 2032. The Notes will be issued by the Company's subsidiary and guaranteed by the Company and its restricted subsidiaries. The proceeds will be used to repay existing loans and related fees.

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0.49%
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Rhea-AI Summary

SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) announced a $2,775 million refinancing of term loans through its subsidiary. The company plans to borrow funds to repay existing loans under the Credit Agreement. The transactions are expected to close in the second quarter of 2024.

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End-of-Day
1.11%
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Rhea-AI Summary
SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) reported strong Q1 2024 financial results with GAAP revenue up 5.3% to $1,435.0 million and Fully Diluted GAAP Earnings Per Share up 26.5% to $0.62. Adjusted revenue also increased by 5.3% to $1,435.8 million. The company bought back shares, paid down debt, and reported record net income and adjusted EBITDA. Operating cash flow decreased by 29.2% to $180.5 million. SS&C provided guidance for Q2 2024 and FY 2024.
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During the Annual Meeting of Shareholders of the Principal Real Estate Income Fund (NYSE: PGZ), the Trustees Rick A. Pederson and Jeremy Held were re-elected for a three-year term. The Fund is a closed-end fund that trades in the secondary market, managed by ALPS Advisors, Inc. and sub-advised by Principal Real Estate Investors Investors should be aware of the risks involved, including exposure to below-investment grade investments and market fluctuations.
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0.31%
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SS&C Blue Prism Intelligent Automation Customers Unlocked $53.4M in Value
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0.63%
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SS&C Technologies Holdings, Inc. (SSNC) will release its financial results for Q1 2024 on April 25, 2024. The earnings conference call will discuss the results on the same day at 5:00 p.m. Eastern Time.
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News
Rhea-AI Summary
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) will release its first quarter 2024 earnings on April 25, 2024. The earnings conference call is scheduled for 5:00 p.m. Eastern Time on the same day. Investors can access the news release on PR Newswire and SS&C's website. The webcast of the earnings call will be available on the Investor Relations section of SS&C's website.
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SS&C Technologies Holdings, Inc. announces Perennial Partners retaining SS&C Global Investor and Distribution Solutions for unit registry services. SS&C to provide services for all fund types, enhancing investor experience.
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-0.79%
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Principal Real Estate Income Fund (PGZ) declares monthly distributions of $0.105 per share, with an annualized rate of 10.99%. The Fund's net asset value is $11.46, with distributions payable on specific dates. Investors should be aware of risks associated with the Fund, including exposure to below-investment grade investments and fluctuations in net asset value.
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-0.68%
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SS&C Technologies Inc

Nasdaq:SSNC

SSNC Rankings

SSNC Stock Data

15.51B
214.42M
13.32%
85.13%
0.65%
Software Publishers
Information
Link
United States of America
WINDSOR

About SSNC

ss&c provides the global financial services industry with a broad range of highly specialized software, software enabled-services and software as a service (saas) solutions for operational excellence. ss&c answers the outsourcing needs of the insurance, asset management, reit industries, alternative investments, and other financial service industries by tailoring solutions for their unique needs. these include account administration, asset valuation, compliance processing, data gathering, investment accounting and valuation, performance measurement, reconciliation, regulatory reporting and statement generation. founded in 1986 and listed on nasdaq (nasdaq: ssnc), ss&c has its headquarters in windsor, connecticut and offices around the world. some 10,000 financial services organizations, from the world’s largest institutions to local firms, manage and account for their investments using ss&c's products and services. these clients in the aggregate manage over $44 trillion in assets.