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Stock Market & Financial Investment News

News Breaks
June 26, 2013
05:50 EDTADBEAdobe upgraded to Buy from Hold at Jefferies
Jefferies upgraded Adobe citing new user growth and the company's successful transition of point-product users. The firm raised its price target for shares to $57 from $45.
News For ADBE From The Last 14 Days
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July 20, 2015
09:02 EDTADBEAdobe names Abhay Parasnis as CTO, senior VP of Platform Technology & Services
Adobe named Abhay Parasnis as chief technology officer and senior vice president of platform technology and services. Parasnis will drive Adobe’s technology strategy, architecture and innovation roadmap for its cloud services, focusing on integration of its three cloud services; providing a consistent customer experience via the cloud; and enabling the company’s cloud-based go-to-market strategies. Parasnis brings nearly 20 years of experience in the software industry. Most recently, he was president and chief operating officer of venture-funded enterprise mobility leader Kony.

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