Adobe Climbs After It Beats Estimates
Adobe
(ADBE) - Get Adobe Inc. Report
was up 4.3% in early trading. The desktop publishing software maker said after the close Thursday that fourth-quarter earnings rose to 34 cents per share, beating the Street's estimate of 29 cents. Adobe also said that president Bruce Chizen will become chief executive, while former CEO John Warnock will become its chief technology officer.
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