Technology giants Apple, Microsoft and Adobe are called by the Australian parliament to appear before a committee looking at pricing levels.
See the article here: Australia summons technology giants
Category : World News
The two companies were close allies until the late Steve Jobs dissed Flash. But Adobe is rallying on strong earnings and cloud hopes while Apple continues its epic slide.
Read the original here: Irony alert! Adobe surges while Apple tanks
SAN JOSE, Calif. (TheStreet) — Shares of Adobe Systems slumped after market close on Tuesday as the software maker warned of weakening European demand.
The Apple and Microsoft rival comfortably beat Wall Street’s second-quarter estimates, reporting revenue of $1.124 billion, up from $1.023 billion in the same period last year. Analysts were looking for sales of $1.108 billion.
Excluding items, Adobe earned 60 cents a share, up from 55 cents a share in the prior year’s quarter. Analysts surveyed by Thomson Reuters were looking for earnings of 59 cents a share. Adobe reported its second-quarter results after market close on Tuesday. …
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Read more: Adobe Slumps on Tepid Guidance, Europe Weakness
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Updated with stock price.
SAN DIEGO (TheStreet) — Arena Pharmaceuticals’ share price and trading volume are sharply higher two weeks in front of an expected U.S. approval decision on the company’s weight-loss drug. …
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Read more: Arena Trading Surges Ahead of Key FDA Drug Approval Decision
Category : World News
Video effects developer NewBlue, Inc. announced at NAB 2012 that its critically acclaimed Titler Pro and GPU-accelerated plugins will be available for the upcoming release of Adobe Creative Suite 6 software and the Mac OS.
Category : World News
Video effects developer NewBlue, Inc. announced at NAB 2012 that its critically acclaimed Titler Pro and GPU-accelerated plugins will be available for the upcoming release of Adobe Creative Suite 6 software and the Mac OS.
Category : World News
Following yesterday’s FQ1 report (I, II), Adobe (ADBE -4.3%) receives an upgrade to Sector Perform from RBC, and a downgrade to the same rating from Pac Crest. The former is pleased with Adobe’s transition to a subscription-based model, while the latter is worried about soft Creative Suite sales ahead of CS6′s arrival. Piper, meanwhile, is optimistic CS6 demand will be strong. (transcript) 
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