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US stocks close down sharply on stimulus doubts
But Senate Majority Leader Mitch McConnell says Republicans and Democrats are "still looking for a way forward" on a potential deal
Company
Adobe Inc
NASDAQ:ADBE
Adobe Inc is a software company that offers a line of products and services used by professionals, communicators, businesses and consumers for creating, managing, delivering, measuring, optimizing, engaging and transacting with content and experiences across various digital media formats. The company’s segments include Digital Media, Digital Experience and Publishing and Advertising. Digital Media segment provides products, services and solutions that enable individuals, teams and enterprises to create, publish and promote their content anywhere.
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Adobe shares push higher as fourth quarter revenue tops estimates
For the fourth-quarter, the California-based company posted revenue of $2.99 billion versus estimates in Wall Street of $2.97 billion
Investments and investor services
Shopify shares on cloud nine after Baird raises price target
Analyst Colin Sebastian noted that it's ratio of customer’s gained from other platforms to those lost was roughly 7:1
LATE MOVERS: Qualcomm rallies on patent infringement win over Apple
Also making moves were Ford, Boeing, Ulta, Oracle, Adobe and Broadcom
Hardware & electrical equipment
Adobe Systems shares pop after saying fiscal 2019 revenue to rise 20%
The company is also on track to hit its revenue and earnings targets for the fourth quarter
Hardware & electrical equipment
Adobe Systems purchase of Marketo pricey but a step in becoming a market leader, says Baird Research
Marketo will help the company in its drive to be the market leader in business solutions and software
Hardware & electrical equipment
Wall Street weighs in on fiscal 3Q results from Adobe Systems
Adobe’s software is ubiquitous and its brand is 'synonymous with digital creation', writes Baird analyst Rob Oliver in a note to investors
Hardware & electrical equipment
IPO Roundup: Search software company Elastic to raise US$100mln as competition with Amazon heats up
The California-based company’s Elasticsearch open-source software is used by customers like Uber, Walgreens, Adobe Systems, Merck and Sprint
PRE-MARKET MOVERS: Time Warner tracks higher ahead of the bell, but Genco Shipping sinks
Etsy Inc and Adobe Systems are also in the frame before the New York bell
Hardware & electrical equipment
Adobe Systems' fiscal 2Q revenue and profit beat Street on digital media
Wall Street analysts hiked their price targets on Adobe's stock in the wake of its solid results
Investments and investor services
Qualstar, iFresh, Energy XXI Gulf Coast, Synacor
Qualstar, the data storage solutions provider, shot up as it turned a profit in the fourth quarter
Netflix, TD Ameritrade Holding, Adobe Systems, ResMed Inc - AFTER HOURS
Proactive takes a look at what was piquing interest after hours in New York
Investments and investor services
Market movers: Eaglet, Ohr Pharmaceutical, Trovagene and Univar
Adobe and Costco both beat earnings per share expectations by 10 cents.
Adobe shares post further gains premarket after market-beating fourth quarter
The market had pencilled in adjusted earnings of US$1.16 a share on revenue of US$1.95bn.
Adobe Systems, Ebay Inc, American Express Company, Blue Apron - AFTER HOURS
We take a look at what happened after hours in New York
Adobe Systems shares lower premarket after third quarter results top estimates
The software company said it recorded third-quarter net income of US$419.6mln, or 84 US cents a share, compared to US$270.8mln, or 54 US cents a share, a year ago
Bed Bath & Beyond, FedEx, Adobe Systems and more - AFTER HOURS
Proactive takes a look at what was moving the market after hours in New York
Donald Trump, Affiliated Managers Group, Adobe Systems and more - AFTER HOURS
We are covering the after hours buzz stocks here at Proactive..
US stocks end flat to softer as Fed effect fizzles out
US stocks closed Friday flat to softer as mid-week euphoria over a rate hike fizzled out, and so did the so-called Trump rally
US stocks rally after Fed leaves rates on hold
US stocks rallied on Wednesday in the aftermath of the Federal Reserve’s decision to leave rates on hold, for now. The relief rally was immediate and led the Nasdaq Composite to climb to a new record high amid a broad advance by US equities