5 Things to Watch on Wall Street Next Week
There's never a dull moment on Wall Street -- and next week will be no exception. Here are some of the items that will help shape the week ahead once Monday rolls around.
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Week in Preview: Discover, Oracle and Tiffany Earnings
Oracle, Discover and Tiffany are all expected to report year-over-year growth for their most recent quarters this week. Meanwhile, many will be looking for an updated snapshot of the housing market, with three sets of real-estate data coming out.
Adobe Earnings Jump as Revenue Passes $1 Billion
Adobe Systems on Monday reported its first quarter of revenue above $1 billion. For its fiscal fourth quarter, the software company turned a profit of $269 million, up from a loss of $32 million in the same period last year.
Week in Preview: Earnings from Nike, Darden and More
Late-season earnings could help ring in some early holiday cheer for investors this week. Analysts expect strong results from Nike, Bed Bath & Beyond, Darden Restaurants -- which operates Olive Garden and Red Lobster -- and electronics company Jabil Circuit.
Sony Rises on 'Pure Speculation' of Apple Interest
Sony shares rose as much as 3% on Tuesday in Japan on rumors it could be a potential acquisition target of Apple. But the media reports that the traders cited were apparently just musings by columnist Eric Savitz of Barron's.
Rumor or Not, Microsoft Should Buy Adobe
Microsoft CEO Steve Balmer's not-so-secret meeting with Abode CEO Shantanu Narayen to discuss a joint battle strategy against Apple raised the tantalizing possibility of an Adobe buyout. That deal wouldn't just be good for Microsoft, it would be good for the future of the Web overall.
Adobe Shares Slide on Disappointing Guidance
Adobe Systems's fiscal third-quarter earnings beat analyst expectations, but share prices plunged in after-hours trading after the largest maker of graphic-design software released lower-than-expected guidance for the fourth quarter.
Adobe Makes Love Not War in Apple Flash Dispute
Adobe is countering Apple CEO Steve Jobs's recent jab at Adobe's Flash technology for Web video and games by running ads in newspapers and popular tech blogs saying "We Love Apple" -- with a bright red heart.
Six Reasons Adobe Flash Is Banned from the iPad
Steve Jobs and Adobe Systems entered another round of battle Thursday, with the Apple founder and CEO throwing repeated punches in an open letter explaining why Adobe's Flash will never make it onto the iPhone, iPad and iPod.
Rejecting Flash, Apple Snubs 'Lazy' Adobe on the iPad
Tech fans rushing to Apple stores for iPads may not be aware of the standoff between Apple and Adobe, but they will likely feel its effects. Many Web applications may not work on the device because it doesn't support Adobe Flash, a ubiquitous multimedia platform on the Web.
Yahoo Drawn Into Google's Cyber War With China
Yahoo was drawn into the growing cyber-war between Google and the Chinese government after it declared its support of the U.S.-based search giant. Google threatened to pull out of China after it became the victim of a massive cyber attack that is believed to be masterminded by the Chinese government.
