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Stock Market & Financial Investment News

News Breaks
May 9, 2014
08:30 EDTADBEChecks on Adobe very encouraging, says Pacific Crest
After speaking with Adobe resellers, Pacific Crest reports that the resellers report that demand is accelerating for the company's Creative Cloud product. The firm keeps a $75 price target and Outperform rating on the shares.
News For ADBE From The Last 14 Days
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March 2, 2015
09:14 EDTADBEApple, Google employees asking for $415M poaching settlement, Reuters says
Silicon Valley workers alleging that Apple (APPL), Google (GOOG), Intel (INTC), and Adobe (ADBE) colluded to limit poaching will attempt on Monday to win court approval for a $415M claim, reports Reuters. A judge had rejected the previous settlement offer of $324.5M as too low, saying the settlement would need to reach at least $380M. Reference Link
February 23, 2015
08:00 EDTADBEAdobe shares recommended at Rosenblatt
Rosenblatt believes Adobe continues to execute and will report Q1 earnings and revenues slightly ahead of consensus estimates of 40c/1.09B and for new sub adds and Marketing Cloud billing to be above expectations.

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