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Ahead Of The Bell: Adobe To Report 2Q Earnings
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ADBE
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NEW YORK (AP) — Adobe Systems Inc. is scheduled to report its fiscal second-quarter earnings after the market closes Tuesday.
Analysts, on average, are expecting a profit of 35 cents per share on sales of $694.8 million, according to a poll by Thomson Reuters.
The recession has slowed demand in the past couple of quarters for Adobe's Creative Suite 4, the newest version of the software package that brings in the majority of the company's revenue. But analysts now say that demand for the product looks to be improving amid hopes for an economic recovery. ...
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