|Bid||0.00 x 1100|
|Ask||0.00 x 1000|
|Day's Range||237.76 - 243.47|
|52 Week Range||131.20 - 243.49|
|PE Ratio (TTM)||63.69|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Specifically, the dividend yield for the S&P 500, as a whole, was surpassed by the yield of three-month Treasuries. What matters most to investors here is getting a grip on whether dividend stocks are (relatively speaking) assets or liabilities. Many of the S&P 500’s strongest constituents like Adobe Systems Incorporated (NASDAQ:ADBE) and Facebook, Inc. (NASDAQ:FB) are more than capable of paying a healthy dividend, but choose not to pay one at all.
Buying Magento gives Adobe another arrow in its quiver as it battles the likes of Salesforce and Oracle for large enterprise deals. Remarks made during a conference call suggested Adobe is more keen on helping Magento, whose sales have skewed towards mid-sized businesses, expand in the enterprise than having Magento go after small businesses, which account for a large portion of Shopify's revenue.
Stocks that moved substantially or traded heavily Tuesday: J.C. Penney Co., down 15 cents to $2.35 The department store said Chairman and CEO Marvin Ellison is leaving to become CEO of Lowe's. Adobe Systems ...
It also looks as if Adobe, having successfully transitioned much of the customer base for its content/media-creation software franchises to subscription offerings, is now hungry to expand its reach in fast-growing online marketing and commerce fields. The company also claims an ecosystem of 300,000-plus developers creating software extensions and services that integrate with its offerings. In some respects, all of that has much in common with what Shopify, whose shares are down nearly 4% on news of the Magento deal, provides its clients.
Adobe Systems (ADBE) is set to acquire cloud-based e-commerce content management system (CMS) software provider Magento for $1.68 billion.
Well, yes, stocks in general thanks to a great earnings season and broadly improved corporate conditions going forward. Micron announced revenue for the third quarter would land in the $7.7 billion to $7.8 billion range, up from prior guidance of $7.2 billion to $7.6 billion. announced that their co-developed QLC NAND flash memory is now available.
(Reuters) - U.S.-listed shares in Canadian e-commerce software maker Shopify Inc (SHOP.N) fell around 2 percent before the bell on Tuesday after Adobe Systems Inc (ADBE.O) announced it was buying rival ...
U.S.-listed shares in Canadian e-commerce software maker Shopify Inc fell around 2 percent before the bell on Tuesday after Adobe Systems Inc announced it was buying rival Magento Commerce. Magento, which ...
Stock futures rose Tuesday. Pure Storage, Micron Technology, Adobe Systems, Shopify and SailPoint Technologies were notable overnight winners or losers.
Shares of Adobe rose about 1 percent in extended trading after the Photoshop maker also said it would buy back up to $8 billion of shares through its fiscal year 2021. Adobe said the deal will help bolster its Experience Cloud business, which provides services including analytics, advertising and marketing. “Adobe is the only company with leadership in content creation, marketing, advertising, analytics and now commerce – enabling real-time experiences across the entire customer journey,” Brad Rencher, an executive vice president and general manager at Adobe, said in a statement.