Cantor Fitzgerald Remains Bullish on Shutterstock (SSTK) Following Adobe (ADBE) Stock Photo Launch

Rosenblatt Reiterates Buy on Adobe Systems (ADBE) Following F2Q15

June 17, 2015 10:34 AM EDT

Rosenblatt reiterates a Buy rating and $90 price target on Adobe (NASDAQ: ADBE) following F2Q15 results. Analyst Kirk Adams says that ADBE reported strong numbers, and raised their outlook for the fiscal year. However, the numbers are being weighed down by the strength of the... More

Jefferies Reiterates Buy on Adobe Systems (ADBE) Following F2Q Results

June 17, 2015 7:57 AM EDT

Jefferies reiterates a Buy rating and $90 price target on Adobe (NASDAQ: ADBE) following F2Q results. Analyst Brad Zelnick says that ADBE exceeded expectations on creative units. FY15 revenue guidance was lowered by $80m to $4.845bn.

Zelnick commented, "We reiterate our Buy... More

After-Hours Stock Movers 06/16: (BOBE) (AAVL) Higher; (DTEA) (AZUR) (LZB) (ADBE) Lower (more...)

June 16, 2015 5:57 PM EDT

DAVIDsTEA Inc. (NASDAQ: DTEA) 11.7% LOWER; reported Q1 EPS of CDN$0.04, versus CDN$0.06 reported last year. Revenue for the quarter came in at CDN$35.8 million, versus CDN$27.8 million reported last year. DAVIDsTEA Inc. sees Q2 2015 EPS of (CDN$0.09)-(CDN$0.08). DAVIDsTEA Inc. sees Q2 2015 revenue of CDN$30-31 million. DAVIDsTEA Inc. sees FY2015 EPS of CDN$0.33-CDN$0.38. DAVIDsTEA Inc. sees FY2015 revenue of CDN$170-174 million.

Azure Midstream Partners (NYSE: AZUR) 8.5% LOWER; announced a registered... More

Adobe Systems (ADBE) Tops Q2 EPS by 3c; Trims FY15 Revenue Outlook on FX Impact

June 16, 2015 4:03 PM EDT

(Updated - June 16, 2015 4:18 PM EDT)

Adobe Systems (NASDAQ: ADBE) reported Q2 EPS of $0.48, $0.03 better than the analyst estimate of $0.45. Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.16 billion.

"Strong execution against our Creative Cloud, Document Cloud and Marketing Cloud businesses drove record revenue," said Shantanu Narayen, Adobe president and chief executive... More

Shutterstock (SSTK) on Watch Following Launch of Adobe Stock (ADBE)

June 16, 2015 6:44 AM EDT

Shutterstock (NYSE: SSTK) is on watch Tuesday following the release of a new competitor into the market.

Ahead of the opening bell, Adobe Systems (Nasdaq: ADBE)... More

Adobe Systems (ADBE) Announces Launch Milestone Creative Cloud Release

June 16, 2015 6:14 AM EDT

Adobe Systems (NASDAQ: ADBE) has launched a milestone release of its flagship Adobe Creative Cloud tools and services. The 2015 release of Creative Cloud includes major updates to Adobes industry-defining desktop tools, including Photoshop CC, Illustrator CC, Premiere Pro CC and InDesign CC; as well as new connected mobile apps for iOS and Android. The company also shipped Adobe Stock, the industrys first stock content service to be integrated directly into the creative process and the tools creatives use every day... More

Adobe Systems (ADBE) Launches New Stock Content Service

June 16, 2015 6:12 AM EDT

Adobe Systems (NASDAQ: ADBE) has launched Adobe Stock, the industrys first stock content service to be integrated directly into the content creation process and the tools creatives use every day. Available through Adobe Creative Cloud, this new service radically simplifies buying and using stock content, including photos, illustrations and graphics.

Adobe Stock extends Creative Clouds value as a vibrant global marketplace, said David Wadhwani, senior vice president, Digital Media, Adobe. Eighty-five percent of customers who purchase stock images use Adobe creative tools. The deep integration with our latest Creative Cloud desktop apps, including... More

Trading Radar for 6/16: Adobe (ADBE), Factset Research (FDS), DAVIDsTEA (DTEA), La-Z-Boy (LZB) Report

June 15, 2015 2:22 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Housing Starts - Street sees 1.100MBuilding Permits - Street sees 1.100M

Earnings:

Factset Research Systems (NYSE:... More