245.00 -3.08 (-1.24%)
After hours: 7:59PM EST
|Bid||245.00 x 900|
|Ask||245.50 x 800|
|Day's Range||245.21 - 251.60|
|52 Week Range||172.92 - 277.61|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||51.27|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||291.26|
Jim Cramer speaks with Adobe Chairman and CEO Shantanu Narayen about his company's recent acquisitions after earnings.
Shares of General Electric (NYSE:GE) are finally on the move, rallying 7% after JPMorgan analyst Stephen Tusa upgraded the stock from sell to hold. After the rally, General Electric stock was promptly rejected from the 21-day moving average.
With all of the conflicting data about our economy, Jim Cramer told his Mad Money viewers Thursday the Federal Reserve should immediately adopt a wait-and-see approach to interest rates and not proceed with one additional hike next week. The Fed's case to raise interest rates one more time this year was exemplified today by the most recent jobless claims, which fell to 206,000, the lowest level seen since 1969. A tight labor market is inflationary and is what the Fed has been tasked with preventing.
Adobe Systems Inc. is betting that sustained demand from U.S. corporate customers and technology buyers in emerging markets will drive another year of revenue growth above 20%. “Digital has become an imperative for enterprises,” Chief Executive Shantanu Narayen said during a conference call with analysts, adding that company executives know if they fail to keep up with technology, a rival could swoop in. The company, which reported a record $9.03 billion in revenue for the year ended Nov. 30, on Thursday raised its revenue target for the current financial year to $11.15 billion, including its acquisition of marketing-automation firm Marketo.
Adobe Chairman and CEO Shantanu Narayen discusses his company's recent acquisitions with CNBC's Jim Cramer after earnings. With Magento and Marketo under its wing, Adobe has become "the only comprehensive platform" for business-to-business and business-to-consumer enterprises, Narayen says. With its acquisitions of Magento Commerce and Marketo , Adobe ADBE has officially become the "only" one-stop shop for both consumer- and business-facing enterprises, CEO Shantanu Narayen told CNBC on Thursday.
Adobe (ADBE) delivered earnings and revenue surprises of -2.66% and 1.64%, respectively, for the quarter ended November 2018. Do the numbers hold clues to what lies ahead for the stock?
Adobe said adjusted earnings for the three months ending on November 30, the company's fourth quarter, came in at $1.88 per share, up 45% from the same period last year but just shy of the Street consensus of $1.88. Group sales, Adobe said, were pegged at $2.46 billion, up 23% year-on-year and ahead of analysts' forecasts. "Adobe achieved record revenue of greater than $9 billion and delivered outstanding earnings performance in fiscal 2018," said CEO Shantanu Narayen.
(Reuters) - Adobe Systems Inc (ADBE.O) on Thursday reported a 22.8 percent rise in quarterly revenue, helped by higher subscriptions for its flagship Creative Cloud suite of software that includes Photoshop. ...
On a per-share basis, the San Jose, California-based company said it had profit of $1.37. Earnings, adjusted for one-time gains and costs, came to $1.83 per share. The results fell short of Wall Street ...
Adobe Systems Inc on Thursday reported a 22.8 percent rise in quarterly revenue, helped by higher subscriptions for its flagship Creative Cloud suite of software that includes Photoshop. The San Jose, ...
Stock futures: Ciena earnings crushed views, sending Ciena stock back into buy range. Microsoft stock leads several top techs nearing buy points.
Ryan McQueeney discusses the end of the ECB's bond-buying policy and China's first major purchase of U.S. soybeans in months. He also highlights news affecting GE, Robinhood, Adobe, and Costco.
Google (GOOGL) has signed on Walt Disney (DIS) as an ad-technology customer in a multiyear deal, with Disney set to use Google’s Ad Manager platform to manage and deliver digital ads across its various platforms. Details of the deal, such as exactly how long it is expected to last and what Disney has agreed to pay for using Google’s ad technology, have not been disclosed. However, the deal is a huge win for Google in the race for ad-tech revenue.
Adobe Inc. (NASDAQ:ADBE), a large-cap worth US$120b, comes to mind for investors seeking a strong and reliable stock investment. Most investors favour these big stocks due to their strong balance Read More...
Adobe Systems Incorporated (NASDAQ: ADBE ) announces its next round of earnings this Thursday, Dec. 13. Here's Benzinga's advanced look at Adobe's Q4 earnings report. Earnings and Revenue Wall Street analysts ...
NEW YORK (AP) — Just a few years ago, retailers considered smartphones the enemy of the in-store experience they were trying to create. Customers often whipped out their device to compare prices online and then walked out of the store to buy the same product elsewhere.
Whisper numbers are running up to a nickel higher than that "official" consensus. One of the main reasons that I have loved Adobe over time has been their early embrace of the subscription economy. It has now been roughly five years since the firm started moving away from the old transaction model and toward licensing the firm's product line.
The explosion in online shopping has led to porch pirates and stoop surfers swiping holiday packages from unsuspecting residents. The cops in one New Jersey city are trying to catch the thieves with some trickery of their own.
Some of you will recall not just the stock market crash of Black Monday, 19 October 1987, but also the volatility experienced throughout that entire week. On that extremely intense day, the Dow Jones Industrial Average hit the bricks to the tune of 508 points. Some of you will recall that financial markets stormed in some cases more than half way back within a day or two, but confidence had been shaken.