Adobe Systems Incorporated

Shares of Adobe (NASDAQ: ADBE) are spiking this afternoon on no fresh news up nearly 3% to the 29 level. Recently Adobe has been subject to takeover speculation though no deal has materialized as of yet. Options traders are speculating in the front month November 31 calls with 3,100 contracted...

RBC Capital Markets analysts Robert Breza, Matthew Hedberg and Dan Bergstrom raised their price target for shares of Adobe Systems Incorporated (Nasdaq: ADBE) from $43 to $46 and maintained their Outperform rating for the stock. The analysts said that the integration of Omniture was going well and...

Shares of Adobe Systems Incorporated (Nasdaq: ADBE) were up more than 5% in after hours trading after the company reported better than expected 1st quarter earnings. Adobe Systems Incorporated reported that its 1st quarter net income fell to $127.2 million, or 24 cents per share, down from $156.4...