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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 16, 2015
Page
11
Adobe reports continued momentum in cloud based subscriptions as Creative Cloud and related services drive revenue. In Q1 about 70 percent of new revenue came from subscription services, signaling sustained shift from physical software to cloud based offerings.
The report notes Light Sweet Crude at 1000 bb dollars per barrel and yesterday's activity with 512,150 sales and 1,666,403 open interest. Federated Kaufmann's longtime co manager Lawrence Auriana retired in May while Morningstar kept its Neutral rating.
The text notes an effort to slowly draw down crude oil supplies, which hit a record in April, highlighting ongoing fuel market dynamics and policy or market actions impacting inventories.
A cluttered list shows numerous tickers with prices changes and percent moves. Notable entries include AMZN at 423.67 with gains, AAPL at 126.92 with a 25 cent rise, and CVX near 99.29, alongside varied volumes and incomplete figures across dozens of names.
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