Adobe Systems Inc

Ticker Summary (ADBE)

21.38+0.63 (+3.04%)
Open 21.10
High 21.41
Low 19.85
Volume 13,488,927
Market Cap 11.4B
52 Week High 46.44
52 Week Low 19.85
P/E 14.16
F P/E 9.93
EPS 1.51
Dividend N/A
Yield N/A
1 Year Target 33.53

ADBE 21.38 +3.04%

Adobe and ARM announced today plans to enable Flash Player 10 and Adobe AIR support for ARM devices. ARM CPU's used across many mobile devices including the iPhone. The iPhone does not currently support flash back due to performance reasons. This move should provide the performance necessary to bring Flash to mobile devices.

5 days 9 hours ago by Tim

ADBE 21.38 +3.04%

A security hole in Adobe's software has been found to allow users to gain free access to record and copy from Amazon's video streaming service.

55 days 19 hours ago by Tim

ADBE 21.38 +3.04%

Adobe has released a customized version of its Flash Player software to allow search engine companies, including Google, to provide indexing for embedded flash media files.

143 days 7 hours ago by Tim

ADBE 21.38 +3.04%

Adobe released second quarter earnings up nearly 41 percent over the same quarter a year prior stating strong international demand for its products. Overseas sales with addition of the falling dollar helped fuel Adobe's earnings to 50 cents a share excluding certain one time items. Over half of all of Adobe's sales came from overseas.

158 days 8 hours ago by Tim

ADBE 21.38 +3.04%

Adobe is planning to add the ability to add Flash content to its popular Acrobat format. This will allow users to embed animation and video directly in their PDF documents; however, critics are concerned that adding Flash to Adobe's PDF format is a steer in the wrong direction. PDF is commonly used in the industry as it capable of being printed out the same way it is viewed on the screen; however,... More

171 days 7 hours ago by Tim

ADBE 21.38 +3.04%

Adobe has released a new video player for Internet TV content. The new media player allows users to subscribe to TV shows, and download them automatically when new episodes are released. Adobe currently has support from top networks including CBS, MTV, and Nickelodeon.

226 days 8 hours ago by Tim

ADBE 21.38 +3.04%

Adobe released their new online version of Photoshop for free. The new service entitled Adobe Photoshop Express allows users to edit, store, and share images online through Adobe's website.

240 days 6 hours ago by Tim

ADBE 21.38 +3.04%

Adobe's CEO Shantanu Narayen reported Tuesday that the company is committed to bringing a new version of flash to the iPhone. He stated that they are planning on developing a version utilizing Apple's SDK that will then be distributed through Apple's iTunes online store.

249 days 6 hours ago by Tim

ADBE 21.38 +3.04%

Adobe Systems Inc. announced Monday that fourth quarter results climbed 21 percent, exceeding Analysts expectations. Net income reached $222.2 million or 38 cents a share, compared with $183.2 million, or 30 cents a share for the same quarter a year prior. Adobe also announced plans to repurchase an additional 30 million shares.

341 days 8 hours ago by Tim

ADBE 21.38 +3.04%

Adobe released a new version of its Flash 9 player, which includes support for the popular high definition video format named H.264. The update features playback of the H.264 codec utilizing hardware acceleration, multi-core processing, and full screen playback across all major operating systems and web browsers.

354 days 10 hours ago by Tim

ADBE 21.38 +3.04%

Adobe Systems and Yahoo Inc. are parterning together to bring advertisements on Adobe's PDF documents. Beta tests of the new Ads have already started. For advertisers, this represents another medium to offer ads.

357 days 19 hours ago by Tim

ADBE 21.38 +3.04%

Bruze Chizen, CEO of Adobe, announced Tuesday that he will resign his position at Adobe Systems Inc. effective December 1st. Chizen reported that after 14 great years with Adobe Chizen wants to "take a step back and figure out what I wnat do for the rest of my life." The stock dropped 4.8% on the news.

1 year 10 days ago by Tim

ADBE 21.38 +3.04%

Adobe posted third quarter earnings of 34 cents a share beating anaylsts expectations. Their third quarter profit more then doubled same quarter earnings last year. The quarters success is attributed to Adobe's successful product launch of their new CS3 software line-up.

1 year 67 days ago by Tim

ADBE 21.38 +3.04%

The same day he sold all 188,000 shares at an average price of 41.98 a share approximately 8 million in stock. The stock sale was exercised in a pre-arranged 10b5-1 plan that allows insiders to execute transactions and proceed with them even if he or she comes into non-public information.

1 year 117 days ago by Tim