Author Archives: Scalper1

Adobe Systems Beats Q4 EPS Views, Sales In Line

Digital media software firm Adobe Systems late Thursday beat Wall Street’s target for earnings per share by 2 cents and posted in-line revenue for its fiscal fourth quarter ended Nov. 27. But it gave current-quarter EPS guidance below views. Adobe (ADBE) earned 62 cents a share, excluding items, on sales of $1.31 billion in fiscal Q4. Analysts polled by Thomson Reuters expected the San Jose, Calif.-based company to earn 60 cents a

Twitter Jumps As Ad Plan Monetizes ‘Logged-Out’ Users

Aiming to make money from the millions of people who don’t have Twitter (TWTR) accounts, the social network on Thursday said that it will show ads, interspersed with tweets, to those “logged out” users. Twitter stock lifted 6.6% Thursday in response, and was trading up almost another 2% after hours. The company has launched a test program allowing advertisers to reach out to the estimated 500 million people who visit Twitter each month without