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IN BRIEF.(TO THE POINT)
Advent Software said sales for the just-ended Q2 would fall well short of prior estimates, citing the weak economy and a delay in closing an acquisition. After being halted, the financial software firm traded near 17.25 after hours, 33% below Friday's close.
BellSouth will buy back up to $2 bil, or 3.5% of shares out, over 18 months.
TJX Cos. will buy back up to $1 bil, or 9.5% of shares out, in a multiyear plan. The off-price retailer just completed a $1 bil buyback.
Bankrupt Adelphia, the No. 6 U.S. ...
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