Adobe project manager Divya Manian says that the tech industry needs to hire more women at all levels.» Read More
March 25- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, forecast a profit for the first quarter that matched analysts' estimates despite warning on a strong dollar hurting its revenue. Red Hat shares were up 5 percent in after-market trading on Wednesday after the company's profit beat the average analyst estimate for...
March 25- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, reported revenue and profit that beat estimates, as the company benefits from higher demand for open-source software and its cloud-based products. Shares of Red Hat, whose customers include Adobe Systems Inc and Verizon Communications Inc, rose 4.5 percent in...
Apigee's filing on Friday comes nearly two months after the successful listing of online storage company Box Inc and a day after Web-hosting company GoDaddy Inc's proposed IPO valued it at up to $2.87 billion. Apigee, whose customers include AT&T Inc, eBay Inc and Adobe Systems Inc, acquired predictive analytics company InsightsOne in January last year.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Oracle Corp., up $1.26 to $44.13. FedEx Corp., down $2.41 to $173.30.
U.S. stocks closed sharply higher as investors cheered the Fed's statement that indicated a rate hike would come later rather than sooner.
U.S. stock index futures indicated a lower open on Wednesday ahead of the hotly anticipated statement from the Federal Reserve.
Some of the names on the move ahead of the open.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
"Fast Money" traders looked at how to play Oracle and Adobe, which moved in opposite directions after their quarterly results.
March 17- Photoshop maker Adobe Systems Inc reported a lower-than-expected rise in subscriptions for its Creative Cloud software suite and forecast a second-quarter profit that missed the average analyst estimate. The company forecast an adjusted profit of 41- 47 cents per share for the second quarter, below the average analyst estimate of 48 cents,...
CNBC's Jon Fortt provides insight to Adobe's earnings.
Check out the companies making headlines after the bell Tuesday: Oracle, Adobe, Quicksilver & more.
March 17- Photoshop maker Adobe Systems Inc forecast a second-quarter profit that missed the average analyst estimate and reported a lower-than-expected rise in subscriptions for its Creative Cloud software suite. The company's revenue forecast of $1.13 billion- $1.18 billion was also largely below the average analyst estimate of $1.18 billion.
SAN JOSE, Calif.— Adobe Systems Inc. on Tuesday reported that its first-quarter profit rose 80 percent as more subscribers signed up for its newer cloud products. Adjusted for one-time items, the maker of Photoshop and Illustrator software said profit came to 44 cents per share in the latest quarter, beating Wall Street expectations. The San Jose, California-...
March 17- Photoshop maker Adobe Systems Inc posted an 11 percent rise in quarterly revenue as it sold more subscriptions to its Creative Cloud suite. The company's net income rose to $84.9 million, or 17 cents per share, in the first quarter ended Feb. 27, from $47 million, or 9 cents per share, a year earlier. Revenue rose to $1.11 billion from $1 billion.
Adobe is reporting EPS of $0.44 adjusted on revenue of $1.11 billion. CNBC's Jon Fortt reports the cloud subscriber number was weaker than expectations.
U.S. stocks closed mostly lower ahead of the Federal Open Market Committee's statement that could shed light on the timing of an interest rate hike.
U.S. stock index futures indicated a lower open on Tuesday, as investors awaited news from the U.S. Federal Reserve's two-day meeting.
NEW YORK— Adobe, the company behind the ubiquitous PDF format for documents, is touting electronic-signature and mobile capabilities in a new subscription package aimed at helping individuals and businesses manage their documents. Besides free or cheap software available from third parties, many browsers including Google's Chrome now come with that...
The Fed in the coming week may finally signal it's on a course to raise rates, and anticipation of a change in its zero-rate policy has been sending ripples through markets.