17:38 PM
Adobe (ADBE) seals a definitive $1.8B agreement to acquire Web-measurement firm Omniture (OMTR), a 45% premium over OMTR's 30-day average price. Adobe CEO Shantanu Narayen says the deal - which should let Adobe embed monetization aids into their creative software - is a "game-changer." Dean Takahashi hopes so: That's $150,000 per employee. (ADBE earnings)
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16:42 PM
Omniture (OMTR) shares resume after halt based on a $1.8B agreement to be acquired by Adobe (ADBE). [[OMTR]] +27.3% AH; [[ADBE]] -4.2% AH.
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16:13 PMAdobe (ADBE): FQ3 EPS of $0.35 beats by $0.01. Revenue of $698M (-21%) vs. $686M. To offer $1.8B for Web consultant Omniture (OMTR). Shares -3.1% AH. (PR)
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Wednesday, July 22, 2009
16:35 PMOmniture (OMTR): Q2 EPS of $0.13 beats by $0.01. Revenue of $88M (+22%) in-line. Sees Q3 EPS and revenue "approximately the same as" Q2. Shares +0.9% AH. (PR)
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09:24 AM
Citigroup adds Omniture (OMTR) to its Top Picks Live. "The stock is down 47% YTD despite successfully navigating the crucial first two quarters... During this period, the company has hit the high end of revenue guidance for both Q1 and Q2." Shares +12% premarket.
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