Adobe Systems Stock News

Companies Profiled in the Market: Adobe, Onespan, Gemalto, Ascertia, Docusign, Entrust Datacard, Signix Inc., Identrust, Kofax, Globalsign, Zoho Corp, Rpost Technologies, Multicert, Hellosign. Companies Profiled in the Market: Adobe, Onespan, Gemalto, Ascertia, Docusign, Entrust Datacard, Signix Inc., Identrust, Kofax, Globalsign, Zoho Corp, Rpost Technologies, Multicert, Hellosign.

Black Friday Shopping Down 28% Over 2019 Levels Despite Improvement Over Last Year The good news: Black Friday retail traffic was up 47.5% over last year. The bad news: It was still 28.3% lower vs. 2019 levels , according to CNBC , citing preliminary data from Sensormatic Solutions. "Its clear shoppers are shopping earlier this season, just as they did last season," according to Sensormatic senior director of global retail consulting, Brian Field, who added that two primary reasons shoppers are concerned about the supply chain and Covid. The peak time for Black Friday shopping in stores was 1 p.m. to 3 p.m., similar to trends in past years, Sensormatic said. Black Friday is still predicted to be the busiest in-store shopping day of the season, according to Sensormatic. On Thanksgiving day, visits to brick-and-mortar stores cratered 90.4% from 2019 levels , Sensormatic found. Retailers including Target , Walmart and Best Buy opted to keep their doors closed to customers on the holiday.

Pacer Advisors Inc. boosted its holdings in Adobe Inc. (NASDAQ:ADBE) by 2.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 42,790 shares of the software companys stock after purchasing an additional 956 shares during the quarter. Pacer Advisors Inc.s holdings in Adobe were worth $24,635,000 as of its most recent SEC filing. A []

Bangor Savings Bank increased its holdings in Adobe Inc. (NASDAQ:ADBE) by 2.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,354 shares of the software companys stock after acquiring an additional 118 shares during the quarter. Bangor Savings Banks holdings in Adobe were []

BOSTON--(BUSINESS WIRE)--Save on a wide range of Adobe deals at the Cyber Monday 2021 sale, featuring Adobe Creative Cloud sales

Lauren Thomas / CNBC : Adobe: US consumers spent $8.9B online on Black Friday, down from the record $9B in 2020, the first ever YoY decline - Traffic at retail stores on Black Friday dropped 28.3% compared with 2019 levels, according to preliminary data from Sensormatic Solutions.

WT Wealth Management trimmed its position in Adobe Inc. (NASDAQ:ADBE) by 2.4% in the third quarter, HoldingsChannel.com reports. The firm owned 4,035 shares of the software companys stock after selling 99 shares during the quarter. WT Wealth Managements holdings in Adobe were worth $2,323,000 at the end of the most recent reporting period. Other institutional []

LCM Capital Management Inc reduced its holdings in Adobe Inc. (NASDAQ:ADBE) by 2.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,301 shares of the software companys stock after selling 47 shares during the quarter. Adobe comprises 1.1% of LCM Capital Management []

Private Advisor Group LLC boosted its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 57.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,371 shares of the software companys stock after purchasing an additional 13,300 shares during the period. Private Advisor []

There''s evidence American consumers are very much in a buying mood. Adobe estimates shoppers spent as much as $9 billion on Black Friday. Consumers are also expected to show up for Small Business Saturday and Cyber Monday. CBS News senior business analyst Jill Schlesinger joins CBS Saturday Morning to look at what this spending could mean for the upcoming holiday season.

WESPAC Advisors LLC acquired a new position in Adobe Inc. (NASDAQ:ADBE) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 790 shares of the software companys stock, valued at approximately $455,000. A number of other institutional investors also recently added []

Holiday sales in November and December could top $200 billion, according to a forecast from Adobe.

Amazon Shelling Out $3,000 Signing Bonuses, Chartering Ships, In Unprecedented Holiday Push Drastic measures are going to have to be taken this holiday season to make sure that inventory and online orders arrive on time. But don''t worry, Amazon has a plan. Adobe is projecting this year that consumers will spend $207 billion online, a rise of 10% from last year, according to Bloomberg . This means that dodging supply chain and logistics issues is a must for retailers like Amazon. Amazon is going to be chartering additional ships and has already hired 150,000 seasonal workers to help with shipping and packing this holiday season. It is enticing them with bonuses of up to $3,000 and higher than usual pay. Additional costs, like chartering ships and dispatching half-full trucks, could ultimately amount to $4 billion, which would be enough to wipe out the company''s profit during Q4. But Amazon sees the holidays as an "opportunity to extend its advantage over rivals," Bloomberg reports. Even if that means sacrificing profits to get the job done.

Deep Discounts Are Harder To Find This Black Friday Amid Snarled Supply Chains Black Friday, the busiest in-store shopping day of the year, will not have those deep discounts consumers are used to this year. Companies suffer from snarled supply chains and rising costs that have crushed margins. This means companies aren''t serving up deep discounts as they were pre-COVID. On top of this, households have depleted savings and negative real wage growth, though they continue to use credit cards. So deal or no deal? We cited a report from Statista''s Martin Armstrong that notes when looking for large percentage deals today -- don''t expect any. For further insight into Black Friday and Cyber Week deals, along with spending trends, we turn our attention to a series of updates from Bloomberg''s Jeannette Neumann and Irina Anghel . Salesforce Flags Lack of Big Discounts This Year (10:01 a.m.) Consumers are finding some of the least-generous Black Friday and Cyber Week deals on record because of inflation, robust demand and diminished product availability. "These are some of the lowest average discount rates that we''ve seen in recent history ," said Rob Garf, vice president of retail at Salesforce.com Inc.

Purus Wealth Management LLC boosted its position in shares of Adobe Inc. (NASDAQ:ADBE) by 1.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,614 shares of the software companys stock after acquiring an additional 102 shares during the quarter. Adobe accounts for []