Adobe, FedEx Hit All-Time Highs on Strong Earnings

NEW YORK (TheStreet) — Shares of Adobe Systems   and FedEx have surged to all-time highs as both companies reported better-than-expected quarterly results this week.Adobe ($73.08) rose 8% on Wednesday after the software company reported fiscal second-quarter earnings of 23 cents a share after the bell on Tuesday, topping analysts' average estimate by 7 cents. The company's cloud-computing …

More: continued here

Leave a Reply

Your email address will not be published. Required fields are marked *