Comments

Ticker Summary (ADBE)

29.50+0.08 (+0.27%)
Open 29.68
High 29.91
Low 29.25
Volume 4,898,088
Market Cap 15.5B
52 Week High 38.20
52 Week Low 26.01
P/E 41.55
F P/E 13.68
EPS 0.71
Dividend N/A
Yield N/A
1 Year Target 40.16

ADBE 29.50 +0.27%

Adobe to Cut 600 Jobs (www.marketwatch.com)

Adobe lowered its fourth quarter earnings forecast to $912 million to $915 million from $925 million to $955 million siting weakness in the economy. The company plans to cut 600 positions in order to help bolster its income.

Negative Impact Positive Impact -1 | Circulate

Del.icio.us Digg Reddit StumbleUpon NewsVine

2 years 306 days ago by Tim

Submit comment

Please sign in or register to leave a comment.