logo
Share SHARE
FONT-SIZE Plus   Neg

Earnings Watch For March 19 (ADBE, FMCN)

Adobe Systems Inc. (ADBE: Quote) is expected to report first-quarter results. The company is expected to report earnings of $0.57 per share versus $0.58 per share last year, on revenues of $1.05 billion. The stock closed Friday at $33.82. (The stock gained nearly 17% in Q1; MA(50)- $31.77; MA(100)- $29.86; 52-wk H/L $35.99/$22.67)

Advertising company Focus Media Holding Ltd. (FMCN: Quote) will post its results today. For the fourth quarter, the company is expected to earn $0.61 per share on revenues of $225.13 million. In the prior-year quarter, earnings and revenue were $0.41 per share and $159.70 million respectively. The shares closed Friday's trade at $27.44. (The stock up about 16% in Q4; MA(50)- $22.99; MA(100)- $22.49; 52-wk H/L $37.58/$8.79)

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Courier Corp. (CRRC) announced Wednesday that its Board has reasonably determined that the non-binding, unsolicited proposal from R.R. Donnelley & Sons Company (RRD) to acquire the Company for $23.00 per share in cash or RR Donnelley common stock is reasonably likely to result in a "Superior Proposal"... Diversified electronics maker TE Connectivity Ltd. agreed Wednesday to sell its broadband network solutions or BNS business unit to telecommunications company CommScope Holding Co., Inc. in an all-cash deal valued at about $3 billion. The sale will enable TE to focus on providing leading connectivity and sensor solutions, particularly harsh environment connectivity. Online foreign exchange trading company FXCM Inc (FXCM) on Wednesday announced its decision to forgive about 90% of its clients who incurred negative balances in certain jurisdictions, on January 15 as a result of the Swiss National Bank announcement on that date. FXCM will notify the applicable clients...
comments powered by Disqus
RELATED NEWS
Trade ADBE now with 
Follow RTT