Adobe Q3 earnings beat, sales guidance in line with estimates

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Adobe's (ADBE) fiscal third quarter results topped Wall Street estimates on both the top and bottom lines. The software company reported adjust earnings of $4.09 compared to estimates of $3.98. The company also reported record revenue of $4.89 billion versus expectations of $4.87 billion. Its earnings forecast for the fourth quarter was also better than expected, while the revenue outlook was in line with analyst expectations. Yahoo Finance Live breaks down Adobe's latest quarterly results.

Canadian Apartment Properties REIT isn't the only way to profit from increasing real estate prices. The post Here’s a Better Way to Invest in Canadian Real Estate Instead of Canadian Apartment Properties REIT appeared first on The Motley Fool Canada.OTTAWA — Statistics Canada says the amount Canadians owe relative to how much they earn fell in the second quarter as disposable income comfortably outpaced the growth in debt and demand for mortgages fell.

5 per cent in the second quarter compared with 184.2 per cent in the first quarter of the year. In other words, Statistics Canada says there was $1.81 in crMONTREAL — Shares of Laurentian Bank were down more than 10 per cent in morning trading after it announced it had completed its review of strategic options without a deal to sell the bank.

 

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Retail sales data, earnings, UAW strike: What to watchAugust retail sales are expected out before Thursday’s opening bell, while investors are on the lookout for Lennar’s (LEN) and Adobe’s (ADBE) earnings following Thursday’s close.The contract deadline is fast approaching for the United Auto Workers and Detroit’s Big Three automakers — GM (GM), Ford (F), Stellantis (STLA) — with the labor union threatening a strike if its employment demands are not met by midnight, Thursday night.
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Stock market today: Asian shares slide after tech, rising oil prices drag Wall St lowerStocks fell Wednesday in Asia after a slide in technology stocks dragged Wall Street lower ahead of a key report on U.S. inflation. Hong Kong's Hang Seng lost 0.2% to 17,986,56 and the Shanghai Composite index sank 0.8% to 3,113.18. Japan's Nikkei 225 index shed 0.2% to 32,706.52, while the Kospi in Seoul edged 0.1% lower, to 2,533.61. Australia's S&P/ASX 200 gave up 0.7% to 7,154.60. Shares rose in India and Taiwan but fell in Southeast Asia. Regional markets have been relatively quiet ahead of
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