Adobe Systems Inc. (NASDAQ: ADBE) reported better-than-expected results. The software and media player giant earned $0.50 per share on revenue of $887.3 million. First Call had estimates of $0.46 for earnings and…
Douglas A. McIntyre There seemed to be more upgrades this morning than there were downgrades from Wall Street analysts. Here is a snapshot of some of our key analyst calls we saw: Adobe Systems (NASDAQ:…
These are not all of the calls we are seeing in pre-market coverage, but these are ten of the calls impacting shares this Tuesday morning: Adobe (NASDAQ: ADBE) raised to Overweight from…
These are the early bird calls we are seeing in telecom, media, and tech: Adobe Systems (NASDAQ: ADBE) raised to Overweight from Equal Weight at Morgan Stanley. Advanced Energy Industries (NASDAQ: AEIS)…
Accoriding to MarketWatch, Belgian newspaper De Standaard reports that Warren Buffett support a takeover of Anheuser-Busch (BUD) by InBev. According to Reuters, economists think the PPI will rise 1%. Reuters writes that…
Adobe Systems Inc. (NASDAQ: ADBE) has reported it earnings after the close. The software maker posted $0.40 net EPS and $0.50 non-GAAP EPS on $886.9 million in revenues, and both were above…
Douglas A. McIntyre Adobe Systems Inc. (NASDAQ: ADBE) is set to report earnings after today’s close of trading. The estimates from First Call are $0.46 EPS on $880 million in revenues. As far as what…
Douglas A. McIntyre These are ten of the analyst calls we are focusing on this Thursday morning: Adobe Systems (NASDAQ: ADBE) cut to Neutral at Cowen & Co. Allegheny Tech (NYSE: ATI) Cut to Neutral…
Short sellers moved out of Microsoft (MSFT) based on data as of May 15 compared with numbers on April 20. Short interest in the software company fell by 25 million shares to…
According to Reuters, bank analysts are concerned that Citigroup’s (C) decision to raise money signals more trouble ahead for banks. Reuters reports that Starbucks (SBUX) will sharply cut the number of stories…
According to Reuters, the Fed cut rates .75%. Reuters writes that Visa raised $17.9 billion in its IPO. Reuters writes that New York City will probe whether Bear Streans (BSC) misled investors.…
Tuesday after the close, we’ll get to see earnings out of Adobe Systems Inc. (NASDAQ: ADBE). The estimates from First Call are $0.45 EPS on $875.8 million in revenues. Adobe frequently offers…
Douglas A. McIntyre Those rummaging through the garbage of 52-week low lists are usually bottom-fishing investors or desperate CEOs. But, the list is so broad that it has become a tableau of the market as…
Accordig to Reuters, Alan Greenspan says that the US economic growth is zero and that the oil boom will go on "forever." Reuters writes that the National Association for Business Economics survey…
According to Reuters, Societe Generale filed its financial information and confirmed its huge trading loss. Reuters writes that the sale of 3Com (COMS) has come apart because a piece of the company…