Page 83 - Adobe News Today

Ameliora Wealth Management Ltd. bought a new position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 152 shares of the software company’s stock, valued at approximately $78,000. Several other institutional investors and hedge funds have also recently added to or reduced their stakes […]

The San Jose, California-based company said in a regulatory filing that since June 2022 it has been cooperating with FTC in response to a civil investigative demand seeking information regarding its disclosure and subscription cancellation practices.

Adobe (NASDAQ:ADBE – Get Free Report) updated its first quarter earnings guidance on Wednesday. The company provided EPS guidance of $4.35-4.40 for the period, compared to the consensus EPS estimate of $4.26. The company issued revenue guidance of $5.10-5.15 billion, compared to the consensus revenue estimate of $5.16 billion. Adobe also updated its FY24 guidance […]

The Federal Trade Commission could force Adobe pay a fine for its notorious cancellation policies that can charge expensive pro-rated cancellation fees.

Already facing UK and European investigation over its planned Figma acquisition, Adobe now has US regulators on its back.

Adobe: The San Jose, California-based company said in a regulatory filing that since June 2022 it has been cooperating with FTC in response to a civil investigative demand seeking information regarding its disclosure and subscription cancellation practices.

Analysts maintained their enthusiasm for software marker Adobe after it reported earnings this week. That isn’t stopping investors from running away.

Wallace Advisory Group LLC boosted its position in Adobe Inc. (NASDAQ:ADBE – Free Report) by 9.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,799 shares of the software company’s stock after purchasing an additional 318 shares during the period. Adobe makes up […]

Adobe disclosed that the Federal Trade Commission (FTC) is currently focusing on the company’s rules on its digital subscriptions to its services.

Adobe's hard-to-cancel subscriptions are now being investigated by FTC. Here's what the software giant announced.