Tag Archives: adbe

Top 3 Big Tech Stocks Trading Fast And Near Buy Point

Facebook, Adobe Systems and Amazon are large tech stocks with notable chart action this week. With its stock up 1.5% Friday afternoon, and trading in volume almost three times higher than usual, Adobe Systems (ADBE) leads IBD’s Stocks On The Move on Friday. The combo of a price gain and high volume indicates that big institutional investors are probably buying. The gain is against a backdrop of generally negative stock action Friday. The maker of

Adobe Systems jumps after investors reconsider Q3 earnings

With its business shift to the Internet cloud largely complete, Adobe Systems (ADBE) is focused on sales and earnings growth. Adobe late Thursday reported accelerating sales and earnings growth in its fiscal third quarter and beat Wall Street’s expectations. The San Jose, Calif.-based digital media software company earned 54 cents a share excluding items, up 93% year over year, on sales of $1.22 billion, up 21%, for the quarter ended Aug. 28.

Adobe Sales, EPS Growth Accelerate; Guidance Cautious

Adobe Systems (ADBE) saw its sales and earnings growth accelerate in the third quarter as its business transition to the Internet cloud took hold. The company late Thursday said it earned 54 cents a share excluding items in its fiscal third quarter of 2015, beating Wall Street’s target by 4 cents. Sales also beat views at $1.22 billion, vs. the $1.21 billion expected by analysts polled by Thomson Reuters. Adjusted earnings per share rose 93% year