News: Adobe Systems Inc (ADBE.OQ)

ADBE.OQ on NASDAQ Stock Exchange Global Select Market

74.45USD
19 Dec 2014
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Mon, Dec 15 2014

Photo

Adobe shares soar after Fotolia buy, Creative Cloud jump

- Shares in Photoshop maker Adobe Systems Inc soared to lifetime highs on Friday, a day after it announced plans to buy stock photography company Fotolia for $800 million and a quarterly jump in subscribers of Creative Cloud.

CORRECTED-UPDATE 3-Adobe shares soar after Fotolia buy, Creative Cloud jump

(Corrects paragraph 6 to replace "products such as" with "a feature in")

US STOCKS-Oil slump leads Wall St to worst week in 2-1/2 years

* Indexes off: Dow 1.8 percent, S&P 1.6 percent, Nasdaq 1.2 percent (Updates to close)

US STOCKS-Oil, materials lead Wall St towards weekly loss

* Indexes off: Dow 1.2 percent, S&P 0.9 percent, Nasdaq 0.5 percent (Updates to early afternoon)

US STOCKS-Oil, materials lead Wall St towards weekly loss

* Indexes off: Dow 1 pct, S&P 0.75 pct, Nasdaq 0.4 pct (Updates to early afternoon)

UPDATE 3-Adobe shares soar after Fotolia buy, Creative Cloud jump

* Sees Fotolia boosting revenue per user on Creative Cloud

US STOCKS-Wall St drops as oil price continues to descend

* Indexes off: Dow 1.03 pct, S&P 0.89 pct, Nasdaq 0.49 pct (Updates to late morning)

US STOCKS-Wall St declines as oil tumbles further

* Indexes off: Dow 0.4 pct, S&P 0.39 pct, Nasdaq 0.19 pct (Updates to opening)

US STOCKS-Wall St to open lower on oil drop, China data

* Futures off: Dow 98 pts, S&P 9.5 pts, Nasdaq 23 pts (Adds quote, data)

US STOCKS-Futures drop on China data, oil decline; data on tap

* Futures off: Dow 85 pts, S&P 7.75 pts, Nasdaq 18 pts (Adds premarket actives)

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