Adobe Systems Inc (ADBE.OQ)
Microsoft Corp and Adobe Systems Inc are joining to make their respective sales and marketing software products more potent competitors to Salesforce.com Inc and Oracle Corp offerings, the two firms said Monday.
March 20 Microsoft Corp and Adobe Systems Inc are joining to make their respective sales and marketing software products more potent competitors to Salesforce.com Inc and Oracle Corp offerings, the two firms said Monday.
Wall Street drifted lower on Monday as investors worried that President Donald Trump's plan to cut taxes and boost the economy could take longer than previously expected. | Video
NEW YORK U.S. stocks dipped on Friday as bank shares fell alongside Treasury yields while Adobe helped buoy the S&P tech sector and the Nasdaq Composite. | Video
* Dow down 0.1 pct, S&P 500 down 0.13 pct, Nasdaq flat (Updates to market close, changes comment, byline)
* Dow flat, S&P up 0.01 pct, Nasdaq up 0.04 pct (Adds details, updates prices)
Adobe Systems Inc reported better-than-expected quarterly revenue and profit, as the demand for its Creative Cloud package of software tools, which includes Photoshop, continued to rise.
* Shares up 3.6 pct in extended trading (Adds details, analyst comment, updates shares)
March 16 Adobe Systems Inc reported a 21.6 percent rise in quarterly revenue, the twelfth straight quarter of increase, as its Creative Cloud package of software tools, which includes Photoshop, added more subscribers.
BRIEF-Adobe has been in talks to shift some of its business to Google cloud - The Information, citing sources
* Adobe has been in talks to shift some of its business to Google cloud - The Information, citing sources Source text - http://bit.ly/2mjm0qm Further company coverage: (Bengaluru Newsroom)
|Apple Inc. (AAPL.OQ)||$143.95||+0.16|
|Microsoft Corporation (MSFT.OQ)||$67.81||-0.47|
|International Business Machines Corp. (IBM.N)||$160.31||-0.01|
|Amazon.com, Inc. (AMZN.OQ)||$933.90||+15.52|
|Oracle Corporation (ORCL.N)||$44.55||-0.22|
|SAP SE (SAPG.DE)||€92.07||-0.28|
|Facebook Inc (FB.OQ)||$149.99||+2.29|
|salesforce.com, inc. (CRM.N)||$85.67||-0.19|
|Yahoo! Inc. (YHOO.OQ)||$48.21||-0.16|
|Citrix Systems, Inc. (CTXS.OQ)||$80.62||-0.82|