Adobe cloud gains lift shares to record

Posted: June 19, 2014 at 2:48 a.m.

Adobe Systems Inc.'s shares soared to a record Wednesday after the company posted quarterly subscriber gains that showed it is making progress in its transition to cloud software.

This story is only available from our archives.


« Previous Story

Fed update drives indexes higher

Specialist Jay Woods watches the video screen Wednesday at his post on the •oor of the New York Stock Exchange. The Standard and Poor’s 500 index closed at another record high.

The Federal Reserve's latest economic update reversed a listless slide for stocks Wednesday, propelling the St... Read »

Next Story »

Arab Gulf labor in spotlight as midday work b...

In this Sunday, June 15, 2014 photo, laborers descend in a lift as they start their midday break at the Dragon Mart Phase 2 construction site in Dubai, United Arab Emirates. A midday work ban goes into effect across the United Arab Emirates for construction workers and outdoor laborers, on Sunday, to protect them from the risks of direct sunlight and extremely high temperatures during the hottest summer months.

A midday work ban goes into effect this month across much of the Arabian Peninsula to protect construction wor... Read »