ADBE - Adobe Systems Incorporated
242.53 -1.38 (-0.57%)
After hours: 7:59PM EDT
| Previous close | 238.79 |
| Open | 236.32 |
| Bid | 242.22 x 1800 |
| Ask | 242.53 x 900 |
| Day's range | 236.00 - 244.09 |
| 52-week range | 131.20 - 244.09 |
| Volume | 2,637,130 |
| Avg. volume | 2,910,735 |
| Market cap | 120.118B |
| Beta | 0.76 |
| PE ratio (TTM) | 65.06 |
| EPS (TTM) | 3.75 |
| Earnings date | 14 Jun 2018 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 2005-03-24 |
| 1y target est | 248.31 |
Market Realist•6 hours agoWhy Adobe Is Acquiring e-Commerce Company Magento
Photoshop and PDF reader company Adobe (ADBE) announced on Monday, May 21 that it’s buying Magento, a privately-held e-commerce company, for $1.68 billion. The acquisition would give the software company an e-commerce platform that would combine Magento’s offerings with Adobe’s Experience Cloud.
CNBC•9 hours agoApple's software business is growing — but could be leaving billions of dollars on the table
Professional apps like Final Cut Pro and Logic Pro represent recurring revenue opportunities for Apple as the company builds its software business.
- Zacks•10 hours ago
Adobe's New Buyback Program to Boost Shareholders' Confidence
Adobe's (ADBE) board of directors authorizes the company to repurchase shares worth of $8 million in the new program.
- Associated Press•yesterday
Tata Motors and Micron Technology rise; Toll Brothers slumps
Stocks that moved substantially or traded heavily Tuesday: J.C. Penney Co., down 15 cents to $2.35 The department store said Chairman and CEO Marvin Ellison is leaving to become CEO of Lowe's. Adobe Systems ...
- Zacks•yesterday
Adobe's (ADBE) Magento Acquisition Affects Shopify & Wix
Adobe Systems (ADBE) is set to acquire cloud-based e-commerce content management system (CMS) software provider Magento for $1.68 billion.
- Motley Fool•yesterday
Shopify Stock Comes Under Fire
Adobe snaps up a smaller Shopify rival, and Citron Research has Shopify in its crosshairs again.
Reuters•2 days agoShopify shares down as rival Magento gets bought by Adobe
(Reuters) - U.S.-listed shares in Canadian e-commerce software maker Shopify Inc (SHOP.N) fell around 2 percent before the bell on Tuesday after Adobe Systems Inc (ADBE.O) announced it was buying rival ...
- Investor's Business Daily•2 days ago
Dow Jones Futures: This Top Chip Stock Leads Techs Early
Stock futures rose Tuesday. Pure Storage, Micron Technology, Adobe Systems, Shopify and SailPoint Technologies were notable overnight winners or losers.
Reuters•2 days agoAdobe to buy Magento Commerce for $1.68 billion
Shares of Adobe rose about 1 percent in extended trading after the Photoshop maker also said it would buy back up to $8 billion of shares through its fiscal year 2021. Adobe said the deal will help bolster its Experience Cloud business, which provides services including analytics, advertising and marketing. “Adobe is the only company with leadership in content creation, marketing, advertising, analytics and now commerce – enabling real-time experiences across the entire customer journey,” Brad Rencher, an executive vice president and general manager at Adobe, said in a statement.
- Reuters•2 days ago
Adobe to buy Magento Commerce for $1.68 billion
Shares of Adobe rose about 1 percent in extended trading after the Photoshop maker also said it would buy back up to $8 billion of shares through its fiscal year 2021. Adobe said the deal will help bolster its Experience Cloud business, which provides services including analytics, advertising and marketing. “Adobe is the only company with leadership in content creation, marketing, advertising, analytics and now commerce – enabling real-time experiences across the entire customer journey,” Brad Rencher, an executive vice president and general manager at Adobe, said in a statement.
- The Wall Street Journal•2 days ago
[$$] Adobe to Buy E-Commerce Firm Magento Commerce for $1.68 Billion
Inc., the elder software-business statesman behind photo-editing software Photoshop and PDF reader, is buying e-commerce firm Magento Commerce for $1.68 billion, adding a key piece to its platform. Inc. as part of a $925 million deal by a group of investors that included Permira, Sterling Partners, Longview Asset Management and Innotrac Corp. Permira carved out Magento in November of that year.
- Investor's Business Daily•2 days ago
Adobe To Acquire E-Commerce Firm Magento, Sets New $8 Billion Buyback
Adobe Systems late Monday said it has agreed to purchase privately-held Magento Commerce for $1.68 billion, sending down shares in its e-commerce rival, Shopify, in late trades.
- TechCrunch•2 days ago
Adobe to acquire Magento for $1.6 B
Adobe announced today that it was acquiring Magento for $1.6 billion. The
- CNBC•2 days ago
Shopify slumps after Adobe announces acquisition of e-commerce rival Magento
Adobe said on Monday that it's buying Magento Commerce for $1.68 billion, leading to a slump in Shopify shares.
- MarketWatch•2 days ago
Adobe to buy commerce platform Magento for $1.68 billion
Adobe Systems Inc. said late Monday it had agreed to buy commerce platform Magento Commerce for $1.68 billion, subject to adjustments. "The Magento Platform brings together digital commerce, order management and predictive intelligence into a unified commerce platform enabling shopping experiences across a wide array of industries," Adobe said in a statement. Magento Chief Executive Mark Lovelle will remain at the helm at Magento as part of Adobe's digital experience business, the company said.
- Bloomberg•2 days ago
Adobe Buys Magento for $1.68 Billion to Target E-Commerce
Adobe Systems Inc. agreed to buy e-commerce company Magento for $1.68 billion, in a bid to capture a bigger slice of the digital-commerce industry from Salesforce.com Inc. and Oracle Corp. The Photoshop software provider is making its third-biggest acquisition to create an end-to-end system for designing digital ads, building e-commerce websites and other online customer experiences and completing transactions, the company said Monday in a statement. Campbell, California-based Magento offers software to build and run web stores, handle online purchases, shipping and returns.
- Business Wire•2 days ago
Adobe to Acquire Magento Commerce
Adobe (ADBE) today announced it has entered into a definitive agreement to acquire Magento Commerce, a market-leading commerce platform, for $1.68 billion, subject to customary purchase price adjustments. The addition of the Magento Commerce Cloud will enable commerce to be seamlessly integrated into the Adobe Experience Cloud, delivering a single platform that serves both B2B and B2C customers globally. The Magento Platform brings together digital commerce, order management and predictive intelligence into a unified commerce platform enabling shopping experiences across a wide array of industries.
- Business Wire•2 days ago
Adobe Authorizes New $8 Billion Stock Repurchase Program
Adobe (ADBE) today announced its board of directors has approved a new stock repurchase program granting the company authority to repurchase up to $8 billion in common stock through its fiscal year 2021. Under the program, which is designed to return value to Adobe’s stockholders, offset dilution from stock issuances, and reduce share count over time, the company may repurchase shares in the open market and enter into structured repurchase agreements with third parties. The new stock repurchase authority is a significant expansion of the company’s previous program authorizing the repurchase of up to $2.5 billion in common stock through fiscal year 2019 that is expected to be exhausted later this year. The new program is expected to be funded from Adobe’s future cash flow from operations and is not expected to have a material impact on the company’s fiscal year 2018 earnings.
- CNBC•2 days ago
After-hours buzz: ADBE, SHOP & more
See which stocks are posting big moves after the bell.
- Zacks•5 days ago
Acxiom (ACXM) Q4 Earnings & Revenues Beat Estimates, Up Y/Y
Acxiom's (ACXM) fourth-quarter 2018 results benefit from solid performance of Connectivity segment & expanding international footprint.
- Zacks•6 days ago
Adobe Rolls Out Starter Plan to Enhance Experience Design
Adobe (ADBE) updates Adobe XD with a new starter plan to enhance design experience and workflows.
- Motley Fool•6 days ago
Should You Buy DocuSign After its Post-IPO Surge?
Who would have thought electronic signatures could be such good business?
