Omniture News

Adobe Systems ' recent decision to stop selling the popular Creative Suite design tools as a packaged store product and offer it via subscriptions has triggered outrage among some of those who depend on the software, which is widely used by Web developers, video editors and others.

Adobe this week unveiled details about a pair of secret hardware projects: The Mighty stylus and Napolean .

's stock had its "neutral" rating reaffirmed by research analysts at Goldman Sachs in a report released on Tuesday, AnalystRatingsNetwork.com reports.

At Adobe MAX, The Creativity Conference, Adobe today announced Adobe Photoshop CC as part of a major update to Adobe Creative Cloud .

Adobe says it is moving to a subscription-based model for the software package it sells to designers, Web developers, video editors and other creative professionals.

The firm currently has an "outperform" rating on the stock. Adobe Systems traded up 2.89% on Thursday, hitting $47.01. Adobe Systems has a 52-week low of $29.52 and a 52-week high of $45.53. The stock's 50-day moving average is currently $43.03. The company has a market cap of $23.596 billion and a price-to-earnings ratio of 32.22. Adobe Systems ... (more)

The spring ritual of bank shareholder meetings is starting this week, with San Francisco-based Wells Fargo decamping from its hometown to Salt Lake City Tuesday.

Former Omniture CEO Josh James, now running the upstart business intelligence software outfit Domo, has just hired another one of his old buddies from Omniture.

Shares of software giant Microsoft Corporation raced as much as 4.7% higher this morning.