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Ticker Summary (ADBE)

35.75+0.26 (+0.73%)
Open 35.81
High 35.95
Low 35.57
Volume 4,226,949
Market Cap 18.7B
52 Week High 38.20
52 Week Low 19.34
P/E 49.65
F P/E 17.23
EPS 0.72
Dividend N/A
Yield N/A
1 Year Target 39.46

ADBE 35.75 +0.73%

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.

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2 years 137 days ago by Tim

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