ADOBE (ADBE): BETTER THAN EXPECTED EARNINGS
Adobe (ADBE ) reports earnings of $0.55 compared to consensus of $0.54. Adobe reports revenues of $1.01 billion vs consensus of $1.3 billion.
Adobe projects revenues of $1.08 – $1.13 billion.
We will continue to hold our position in Adobe. Adobe continues to be an attractive take over candidate.
We will closely watch this position on the ZYX Buy Change Alert.… Please click here or the title below to read more.
September 20, 2011