Headline Details

Adobe to buy stock photo company; revenues top estimates

Published on: Fri, 12 Dec 2014 1:27:57 UTC
News Agency: Reuters
Description:
(Reuters) - Photoshop maker Adobe Systems Inc said it would buy stock photography company Fotolia for $800 million and reported quarterly revenue above market estimates, helped by a 28 percent jump in the number of subscribers to its Creative Cloud suite.

Click here for FULL Story on Reuters

Also happening now

HeadlineNews Agency
Chad to shutter Qatar embassy, expel diplomats Reuters
Nickelodeon scraps plan for underwater Philippines resort BBC
Serbia and Macedonia agree to mend ties after embassy pullout Reuters
France backs Trump pledge to keep U.S. troops in Afghanistan Reuters
Spain to review police response to Barcelona attack amid questions Reuters