Adobe hopes to acquire new users, firm up margins as it lets Firefly AI out of its jar

Adobe shares traded between slight gains and losses after hours Thursday, after the company's revenue outlook came in roughly in line with estimates. 


 
Arm Shares Rise as Trading Begins in Biggest IPO of the Year

Shares of Arm rose in its highly anticipated stock-market debut Thursday, in a sign of the reviving fortunes of an IPO market that has been in the doldrums for most of the past two years. 


 
Sino-Ocean Suspends Trading in Offshore U.S. Dollar Securities

Sino-Ocean Group has suspended trading its U.S. dollar-denominated securities as continued stress on China's real-estate market weighs on the developer's ability to meet its debt obligations. 


 
UAW President Envisions Unusual Strike-Multiple Companies, Specific Plants

The union says it would walk out at the three Detroit automakers if deals aren't reached Thursday. 


 
Microsoft, Oracle Deepen Cloud Integration

The new level of collaboration reflects how technology and customer demand have fostered more cooperation among software companies. 


 
J.B. Hunt Transport Will Acquire BNSF Brokerage Business

The sale comes as the freight operator and the railroad are stepping up their commercial relationship. 


 
Tesla readies record-sized pool of EV leases for bond deal, a sign of resilience in luxury

Tesla Inc. is pitching bond investors a new $1.8 billion deal backed by leases on its electric vehicles, according to preliminary marketing materials. 


 
Atlanta News Outlet Aims for Half a Million Digital Subscribers in Under Four Years

Andrew Morse, the new president and publisher of the Atlanta Journal-Constitution, looks to turn it into the Southeast's primary news source. 


 
Boating Supplier West Marine Reaches Deal to Restructure Out of Court

West Marine, a retail chain that offers boating and fishing supplies, has reached a deal to restructure its roughly $800 million of debt out of court, according to people familiar with the matter. 


 
Lazard's New Boss Wants to Double Revenue by 2030

Peter Orszag, who will take over as CEO next month, detailed how he plans to revive the investment bank's fortunes.


(END) Dow Jones Newswires

09-14-23 2115ET