Adobe Systems ( ADBE) shares jumped 4.93% to $37.28 after the company posted better-than-expected earnings results for the fourth quarter. Adobe, based in San Jose, Calif., earned 61 cents a share on $1.15 billion in revenue, outpacing the 56 cents a share on $1.1 billion analysts were expecting. "We beat our Creative Cloud subscription goals and established Adobe Marketing Cloud as the leader in the exploding category of Digital Marketing during fiscal 2012," said Adobe's President and CEO Shantanu Narayen in the press release. "In fiscal 2013 we intend to accelerate our pace of innovation, and drive integration between Creative Cloud and Adobe Marketing Cloud."
Facebook ( FB) shares fell 2.76% to $27.48 despite the company announcing a new improved app for Android, Google's ( GOOG) mobile operating system. The social networker also updated its app for iOS, Apple's operating system. It added the ability to post photos to albums, faster speed on the app itself, and a rebuilt timeline that opens faster. -- Written by Chris Ciaccia in New York >Contact by Email. Follow @Commodity_Bull