FeedPosted Mar 23rd 2011 8:30AM by Jason Raznick (RSS feed)
Filed under: Before the Bell, Earnings Reports, Adobe Systems (ADBE), Oil, Currency
U.S. stock futures are higher Wednesday morning as investors await new-home sales data. Crude oil prices surged above $105 a barrel. Futures on the
Dow Jones Industrial Average gained 27 points to 11,982.00 and S&P 500 index futures rose 3.30 points to 1,291.60. Futures for the Nasdaq 100 rose 1 point to 2,258.25.
Stocks closed lower on Tuesday, with the Dow Jones Industrial Average dropping 0.15% to 12,018.63, the S&P 500 index falling 0.36% to 1,294 and the Nasdaq 100 index declining 0.31% to 2,684.
Data on February new home sales will be released at 8:30 a.m. ET. Federal Reserve Chairman Ben Bernanke will deliver a speech at the Independent Community Bankers of America National Convention.
Continue reading U.S. Stock Futures Up as Investors Await New Home Sales Data
Posted Mar 22nd 2011 8:00AM by Jason Raznick (RSS feed)
Filed under: Before the Bell, Earnings Reports, Walgreen Co (WAG), Adobe Systems (ADBE), Carnival Corp (CCL)
U.S. stock futures are higher Tuesday morning as investors await
earnings reports. Futures for the
Dow Jones Industrial Average gained 24 points to 11,987, while futures for the S&P 500 index climbed 2 points to 1,295.10. Futures for the Nasdaq 100 index gained 4.75 points to 2,259.25.
U.S. stocks closed higher on Monday, with the Dow Jones Industrial Average gaining 1.50% to 12,037, the S&P 500 index rising 1.5% to 1,298 and the Nasdaq 100 index climbing 1.83% to 2,692.
Continue reading U.S. Futures Up as Investors Await Earnings Reports
Posted Mar 14th 2011 3:30PM by Joseph Lazzaro (RSS feed)
Filed under: Adobe Systems (ADBE), Stocks to Buy
The shares of Adobe Systems (
ADBE) have moved above $30 resistance, and are pushing toward $35. Hence, now may be a good time to consider taking some profits with ADBE if you're in at/near the January 15, 2009, first-discussed price of $16.92.
Other investors who can tolerate the risk can maintain their full position in ADBE, as push to $40 by ADBE by the end of 2011 would not be a stretch.
Adobe's 2011 revenue will likely rise 8-10%, on decent client receptivity to Creative Suite 5, the new version of the Acrobat, and the purchase of Day Software.
Continue reading Adobe Pushing $35: Profit-Taking Time?
Posted Mar 7th 2011 10:30AM by Trefis (RSS feed)
Filed under: Adobe Systems (ADBE), Stocks to Buy
Adobe (ADBE) is famous for developing software tools used for the purpose of website designing, video editing, print layouts and digital publishing. Adobe's Creative Suite of software is used by creative professionals such as graphic designers and photographers, as well as hobbyists, to create visually rich print and online content. Such content includes photographs, videos, animations and mobile content. Adobe is the largest player in the creative software market and has around 46% market share. It competes mainly with Microsoft (MSFT), Apple (AAPL), Quark and Corel in this market.
Continue reading Adobe's Upside and Downside Market Share Scenarios
Posted Feb 25th 2011 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Caterpillar (CAT), Citigroup Inc. (C), Adobe Systems (ADBE), Gap Inc (GPS), Analyst Initiations, Wells Fargo (WFC), AOL (AOL), Transocean Ltd. (RIG)
Analyst Upgrades
- Wells Fargo (WFC) to conviction buy from neutral at Goldman.
- Adobe (ADBE) to buy from neutral at UBS.
- Fifth Third Bancorp (FITB) to outperform from market perform at FBR Capital.
- Vail Resorts (MTN) and Goldcorp (GG) to buy from hold at Deutsche Bank.
- OmniVision (OVTI) to overweight from neutral at JPMorgan.
- Penn Virginia (PVA) to hold from sell at Canaccord.
- Hub Group (HUBG) to outperform from market perform at Morgan Keegan.
Continue reading Analyst Calls: ADBE, AOL, CAT, CSTR, FITB, GG, GPS, MDAS, RIG, WFC ...
Posted Jan 25th 2011 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Adobe Systems (ADBE), RadioShack Corp (RSH), Dow Chemical (DOW), Analyst Initiations, Goodyear Tire and Rubber (GT)
Analyst Upgrades
- Xilinx (XLNX) to buy from hold at Auriga.
- Orion Energy (OESX) to buy from neutral at Roth Capital.
- Goodyear Tire (GT) to buy from fair value at CRT Capital.
- RadioShack (RSH) to neutral from underperform at Wedbush.
- Novo Nordisk (NVO) to buy from neutral at Goldman.
Continue reading Analyst Calls: ADBE, CE, CISG, DOW, ELN, GT, NSC, NVO, RSH, XLNX ...
Posted Jan 10th 2011 6:00PM by Joseph Lazzaro (RSS feed)
Filed under: Adobe Systems (ADBE), Stocks to Buy
Adobe Systems Inc. (
ADBE), which warranted
a stand aside view in October, has cleared 'the danger zone,' from a technical standpoint, but risks persist.
Adobe, first discussed on January 15, 2009 at a price of $16.92, should see 2011 revenue rise 8-10%, but much of it is contingent on client receptivity to Creative Suite 5. A smaller portion of the growth projection will be due to new versions of the Acrobat reader, and the acquisition of Day Software.
To be sure, so far sales of Creative Suite 5, or CS5, have outpaced CS4, but the continuance of that trend is dependent on the U.S. economic recovery's durability. In other words, underperformance in U.S. GDP growth for a quarter or two would really weigh on CS5, hence ADBE is now in the high-risk stock category.
Continue reading Adobe Systems: For High-Risk Investors, Only
Posted Jan 10th 2011 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, General Electric (GE), Exxon Mobil (XOM), Advanced Micro Dev (AMD), Adobe Systems (ADBE), Analyst Initiations, Barclays plc ADS (BCS)
Analyst Upgrades
- General Electric (GE) and Barclays (BCS) to buy from neutral at UBS.
- Warnaco (WRC) to outperform from market perform and Melco Crown (MPEL) to market perform from underperform at Wells Fargo.
- Parker-Hannifin (PH) and Emerson Electric (EMR) to buy from neutral at Goldman.
- AMD (AMD) to buy from neutral at Nomura.
- Novellus (NVLS) and Sherwin-Williams (SHW) to equal weight from underweight at Morgan Stanley.
- OpenTable (OPEN) to outperform from market perform at Morgan Keegan.
- Skilled Healthcare (SKH) to buy from hold at Jefferies.
- Lear (LEA) to overweight from equal weight at Barclays.
- Adobe (ADBE) to buy from neutral at BofA/Merrill.
Continue reading Analyst Calls: AMD, BCS, BJ, CVC, EMR, GE, NVLS, PCG, PH, VLO, XOM ...
Posted Nov 4th 2010 4:00PM by Jon Ogg (RSS feed)
Filed under: Apple Inc (AAPL), Adobe Systems (ADBE), Whole Foods Market (WFMI), QUALCOMM Inc (QCOM), Newmont Mining (NEM), Amgen Inc (AMGN), Delta Air Lines (DAL)
Stocks discounted a higher jobless claims release on larger issues. Many called today an extension of QE2, but it was a two-part issue. First was Bernanke issuing a defense of QE2 in in an op-ed piece and second was the note from the White House that Obama may compromise on certain Bush tax cut extensions for all income brackets.
Here were today's unofficial closing bell levels:
Dow Jones 11,434.77 +219.64 (1.96%)
S&P 500 1,221.04 +23.08 (1.93%)
Nasdaq 2,577.34 +37.07 (1.46%)
Top Analyst Calls
High P/E Stocks To WatchContinue reading Closing Bell: QE2 Follow-On and Obama Compromise (ADBE, AMGN, AAPL, DAL, NEM, QCOM, WFMI)
Posted Oct 27th 2010 1:30PM by Sheldon Liber (RSS feed)
Filed under: Rumors, Management, Rants and Raves, Competitive Strategy, Microsoft (MSFT), Apple Inc (AAPL), Exxon Mobil (XOM), Walt Disney (DIS), Netflix, Inc. (NFLX), Sony Corp ADR (SNE), Adobe Systems (ADBE), Chasing Value™
For the past few days I have been writing about Apple Inc. (
AAPL) and what it might do with its growing pile of cash, promoting a dividend rather than any misadventures or allowing the cash to continue to drag down earnings per share.
This is not Apple's plan and many readers agree. They believe Steve Jobs and company know what's best about everything and have done fine by them -- the latter part is certainly true.
Today I put it to our readers to check current sentiment.
Continue reading Chasing Value: Questions About Apple?
Posted Oct 25th 2010 12:00PM by Sheldon Liber (RSS feed)
Filed under: Management, Competitive Strategy, Google (GOOG), Microsoft (MSFT), General Electric (GE), Berkshire Hathaway (BRK.A), Exxon Mobil (XOM), Adobe Systems (ADBE), Altria Group (MO), Xerox Corp (XRX), Oracle Corp (ORCL), Chasing Value™, Olin Corp. (OLN)
When you write about Apple (AAPL), you inevitably hear from some naive person informing you that, "You just don't get it; Apple is different."
There are certainly many things about Apple that are very different, but in the context of the "you just don't get it" crowd, it is absolutely not. The same was said about Google (GOOG) only a short while ago, Xerox (XRX) three decades ago and Winchester -- now part of Olin Corp. (OLN) -- rifles 125 years ago.
Continue reading Chasing Value: Apple's Cash Is Different
Posted Oct 8th 2010 2:30PM by Joseph Lazzaro (RSS feed)
Filed under: Adobe Systems (ADBE), Stocks to Buy
The shares of Adobe Systems (
ADBE), which I first discussed
on January 15, 2009, at a price of $16.92, totally misbehave this summer -- forming
a bear hug -- and a caution flag has been issued here.
Revenue in 2010 will increase about 25%, aided by the acquisition of Omniture, and the company's Creative Suite 5. Still, S5 is sending signals that it may underperform Creative Suite 3, due to weakness in the education sector, and due to Japan-market doldrums. In other words, it's understandable, given U.S. state/local budget cutbacks, why some jurisdictions and education institutions are not upgrading software.
Continue reading Adobe Systems: For Now, Stand Aside
Posted Oct 8th 2010 9:00AM by Paul Foster (RSS feed)
Filed under: Adobe Systems (ADBE), Abercrombie and Fitch (ANF), Options
Abercrombie & Fitch (
ANF) closed up $3.44 to $42.03 on better-than-expected same-store sales. Call option volume of 18K contracts compares to put volume of 16K contracts. October put option implied volatility is at 43, November and January is at 46, near its 26-week average, according to Track Data, indicating non-directional larger price movement.
Adobe (
ADBE) options active and volatility increases as shares rally 11%.
BMC Software (
BMC) calls active as shares rally 6% to a ten-year high.
CBOE Volatility Index-VIX up 7 cents to $21.56 into September employment report.
Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.Next Page »
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