Page 151 - Adobe News Today

Blame flawed leadership and competing priorities

John Warnock, the co-founder of Adobe, passed away on Saturday at the age of 82.

John Warnock, co-founder of Adobe, has died aged 82, the software company announced on Sunday.

Adobe co-founder Dr John Warnock has died aged 82.

Photoshop maker Adobes co-founder John Warnock died on Saturday aged 82, the company said in a statement early on Sunday. The cause of his death was not disclosed. "It is a sad day for the Adobe community and the industry for which he has been an inspiration for decades," Adobe CEO Shantanu Narayen said in an email sent to employees.

StockNews.com assumed coverage on shares of Adobe (NASDAQ:ADBE – Free Report) in a research note published on Thursday morning. The firm issued a buy rating on the software company’s stock. Other equities analysts have also issued reports about the company. DA Davidson boosted their target price on Adobe from $350.00 to $500.00 in a research […]

Pinnacle West Asset Management Inc. bought a new position in Adobe Inc. (NASDAQ:ADBE – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,105 shares of the software company’s stock, valued at approximately $426,000. A number of other institutional investors […]

Cooper Financial Group increased its holdings in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 7.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,484 shares of the software company’s stock after purchasing an additional 166 shares during the quarter. Cooper Financial Group’s […]

Software major Adobe's co-founder John Warnock has passed away at the age of 82, media reports said on Sunday.

Intech Investment Management LLC reduced its stake in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 33.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 117,824 shares of the software company’s stock after selling 59,611 shares during the […]