267.84 0.00 (0.00%)
Pre-market: 8:26AM EDT
|Bid||268.00 x 900|
|Ask||269.00 x 1000|
|Day's range||264.24 - 268.43|
|52-week range||145.39 - 277.61|
|PE ratio (TTM)||61.73|
|Earnings date||13 Dec 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||290.28|
Stock futures: The Nasdaq composite rallied from its 50-day line Monday, along with Amazon, Nvidia, Adobe and Netflix. Apple also rallied, silencing talk of rotation out of tech stocks.
Microsoft (MSFT) announced data initiative in partnership with Adobe and SAP in a bid to up the ante in customer experience management service.
Adobe has released a new artificial intelligence (AI) technology that can learn to adapt itself based on how different people in a company use it. Its "virtual analyst" was developed over three years, adding to the company's software that can identify peaks and troughs in web traffic and online orders, among other things.
Amazon.com, Nvidia, Adobe Systems, Workday and ServiceNow rallied off Monday lows to retake their the 50-day lines. All but Amazon are near buy points.
Adobe (ADBE) has agreed to buy Marketo, a marketing automation firm, for $4.75 billion. This is the enterprise software company’s largest acquisition ever. Vista Equity Partners made a pretty good profit out of the deal, as it purchased Marketo for only $1.8 billion back in 2016.
Stock futures: Micron earnings topped views, but shares fell on weak guidance due to Trump tariffs. Other chip stocks fell, though Texas Instruments rose on a buyback-and-dividend hike.
Mayflower Advisors' Larry Glazer believes a popular trade is on the verge of unwinding.
Stocks that moved substantially or traded heavily Friday: Texas Instruments Inc., up $1.56 to $110.05 The chipmaker raised its quarterly dividend and said it will buy back $12 billion in stock. United ...
Good day and welcome to the Private Equity Pro newsletter. Adobe Systems Inc. is paying $4.75 billion to buy Vista Equity Partners-backed Marketo Inc. Also, Amazon.com Inc. is teaming up with Samara Capital, which is buying one of India’s largest retail chains.
Adobe (ADBE) is set to acquire Marketo for $4.75 billion to strengthen its Experience Cloud's services. This will enhance its customer experience.
Here are some of the companies with shares expected to trade actively in Friday’s session. Check back closer to the market open for an updated list. Micron Technology Inc.—Down 2.7%: The memory chip maker issued a disappointing forecast with its fiscal fourth-quarter report, expecting revenue for the quarter ending in November to grow by its slowest rate in two years.
Sept 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday: ** Adobe Systems Inc has agreed to buy Marketo Inc for $4.75 billion from private equity ...
The U.S. Photoshop maker is sharpening its focus on the fast-growing cloud business, a fiercely competitive market dominated by Microsoft Corp, Oracle Corp and Salesforce. Marketo's business-to-business marketing applications will complement Adobe's digital marketing business, which provides cloud-based tools to help create, manage and analyse advertising and marketing campaigns, the companies said. Marketo, started in 2006 as an email marketing service, was taken private by Vista for $1.8 billion in 2016.
Adobe Systems Inc. agreed to acquire marketing-automation firm Marketo for $4.75 billion, its largest acquisition ever and the latest sign of its ambition to become a one-stop-shop for marketers. San Mateo, Calif.-based Marketo helps brands track their customers’ actions online, from getting an email to purchasing a product, providing them with information they can use to serve more personalized promotions. The deal is expected to add scale to Adobe’s existing marketing-technology capabilities.
A week ago rumors were flying that Adobe would be buying Marketo, and lo and behold it announced today that it was acquiring the marketing automation company for $4.75 billion. It was a pretty nice return for Vista Equity partners, which purchased Marketo in May 2016 for $1.8 billion in cash. The deal gives Adobe a strong position in enterprise marketing as it competes with Salesforce, Microsoft, Oracle and SAP.
Adobe (ADBE) today announced it has entered into a definitive agreement to acquire Marketo, the market-leading cloud platform for B2B marketing engagement, for $4.75 billion, subject to customary purchase price adjustments. With nearly 5,000 customers, Marketo brings together planning, engagement and measurement capabilities into an integrated B2B marketing platform. Adding Marketo’s engagement platform to Adobe Experience Cloud will enable Adobe to offer an unrivaled set of solutions for delivering transformative customer experiences across industries and companies of all sizes.
The line-ups of three of the 11 groups that make up the benchmark S&P 500 index are being shuffled as of Monday. Twenty companies in the index including famous names like Facebook, Alphabet and Netflix will find a new home. It gets reinvented as communication services and grows from three to 19 companies, adding some key names from the technology and the consumer discretionary sectors.
Adobe is nearing an acquisition of Marketo, sources said. Private equity firm Vista bought software company Marketo for $1.8 billion in 2016. Adobe will pay substantially more, the people said.
has agreed to buy marketing software group Marketo for about $4.75bn, generating a huge payout for Vista Equity Partners, the private owner of the tech company. “Adobe and Marketo both share an unwavering belief in the power of content and data to drive business results,” said Steve Lucas, Marketo chief executive, in Thursday’s announcement.
Dropbox (DBX) appears to be exploring a venture into the digital signature market, which consulting firm Stratistics MRC says is expanding at the rate of 30.0% annually. TechCrunch noted that Dropbox recently distributed a survey, seeking opinions from its customers about a new feature called “E-Signature from Dropbox.”