New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For IBM;ADBE;BBY;WMT;AMZN;TGT;SHLD;NILE;JCP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>
March 18, 2015
16:26 EDTADBEOn The Fly: Closing Wrap
Subscribe for More Information
15:56 EDTTGTTarget to increase minimum wage paid to $9 per hour in April, Dow Jones says
Subscribe for More Information
13:30 EDTJCPJ.C. Penney trades lower after news of executive departures
Subscribe for More Information
12:35 EDTSHLDSears supply chain under pressure, WSJ says
Subscribe for More Information
12:26 EDTTGTTarget unveils extended one-year return policy
Subscribe for More Information
10:21 EDTADBEHigh option volume stocks:
Subscribe for More Information
09:36 EDTWMT, ADBEActive equity options trading on open
Subscribe for More Information
09:23 EDTADBEOn The Fly: Pre-market Movers
Subscribe for More Information
08:32 EDTADBEAdobe should be bought on weakness, says Pacific Crest
Subscribe for More Information
March 17, 2015
19:42 EDTADBEOn The Fly: After Hours Movers
Subscribe for More Information
17:55 EDTADBEAdobe sees minimal impact of foreign currency to Q2 revenue due to hedging
Subscribe for More Information
16:51 EDTADBEAdobe sees Q2 EPS 41c-47c, consensus 48c
Sees Q2 revenue $1.13B-$1.18B, consensus $1.18B. Targets total Digital Media and Adobe Marketing Cloud revenue to grow sequentially in Q2. Sees Q2 LiveCycle and Connect revenue, and Print and Publishing revenue to be relatively flat. The company expects to add more net new Creative Cloud subscriptions and Digital Media ARR than what was achieved in Q1 and expects to grow sequentially in Q3 and Q4. Guidance provided in Q1 earnings presentation slides.
16:08 EDTADBEAdobe down 3.3% after Q1 earnings report
Subscribe for More Information
16:07 EDTADBEAdobe says 70% of Q1 revenue from recurring sources
70% of Adobe’s Q1 revenue was from recurring sources, compared to 52% of Q1 revenue in fiscal 2014. Creative Annualized Recurring Revenue grew to $1.79B, and total Digital Media ARR grew to $2.09B. Adobe Marketing Cloud revenue was $311M.
16:06 EDTADBEAdobe reports Q1 adjusted EPS 44c, consensus 39c
Reports Q1 revenue $1.11B, consensus $1.09B. Adobe added 517K net new Creative Cloud subscriptions in the quarter, which represents 28% year-over-year growth when compared to net new subscription additions in Q1 fiscal year 2014.
15:41 EDTJCPJ.C. Penney General Counsel Janet Dhillon leaving, Bloomberg says
Subscribe for More Information
15:18 EDTADBENotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Oracle (ORCL), consensus 68c... Adobe (ADBE), consensus 39c.
14:55 EDTAMZNVMware to face more competitive process for DOD contract, says Stifel
After government websites indicated that Citrix (CTXS), Amazon (AMZN) and others succeeded in getting the DoD to reconsider its awarding of a $1.6B, five-year contract to VMware (VMW), Stifel said it doesn't think VMware has necessarily lost the opportunity, but that the company will now likely face a more competitive bidding process to win the deal. The firm view this example as supporting its concerns that VMware's steps to become a more strategic vendor have the potential to be as much of a threat as an opportunity and Stifel maintains its Hold rating on the stock.
14:43 EDTAMZNVMware award from DISA canceled after protest, siliconANGLE reports
On March 12, the Defense Information Security Agency, or DISA, reversed a decision to award VMware (VMW) with a $1.6B contract following protests by Amazon Web Services (AMZN), Citrix Systems (CTXS), and others, reported siliconANGLE. A government posting noted that "Amendment 0002 is issued to cancel the request for proposal to further analyze the government's needs." Reference Link
14:21 EDTADBEAdobe technical comments ahead of results
The shares are trading close to the lifetime high at $80.30 ahead of earnings. On strong bullish news, a breakout above that life high would be highly probable, opening up a run to the $85 to $90 area. If the news is bearish, contrary to current expectations, the first significant test of support isn't until the 50-day moving average at $74.55. A breakdown below the 50-day would be bearish, breaking the longer-term uptrend. Next support below would be at $72.24 and then at the $70 area. The $70 level has previously been an important area of resistance and more recently support.
<< 1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use