Adobe: Bad news is good news

Summary:Adobe Systems' shares flew up 14 percent despite its warning that growth would be less-than-expected in its second quarter, and its refusal to play fortune-teller for third- and fourth-quarter results. Analysts were only surprised by the company's good news, and saw the company's tight cost controls as a good sign.

Adobe Systems' shares flew up 14 percent despite its warning that growth would be less-than-expected in its second quarter, and its refusal to play fortune-teller for third- and fourth-quarter results. Analysts were only surprised by the company's good news, and saw the company's tight cost controls as a good sign. Full story. --Tiffany Kary, ZDII Adobe Systems' shares flew up 14 percent despite its warning that growth would be less-than-expected in its second quarter, and its refusal to play fortune-teller for third- and fourth-quarter results. Analysts were only surprised by the company's good news, and saw the company's tight cost controls as a good sign. Full story. --Tiffany Kary, ZDII

Topics: Tech Industry

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