Learn the trade here. Make it on tradeMONSTER

Options Trading News

June 19, 2013  Wed 7:31 AM CT

ADBE: SEE CHART GET CHAIN FIND STRATEGIES

Earnings Better Than Expected

Adobe Systems earned $0.36 a share in the second quarter, beating the $0.36 average analyst estimate. Guidance was in line with expectations but the big news is that customers are accepting management's shift to a subscription-based revenue model. ADBE climbs 8 percent before the bell on my tradeMONSTER platform.

Weak Mining Hurts Tetra Tech

Tetra Tech forecast a third-quarter loss of $0.30 to $0.50 a share on revenue of $440 million to $490 million. It had previously expected profit of $0.32 to $0.42 and revenue of at least $525 million. TTEK, which cited weakness in Canadian mining for the miss, drops 12 percent in early trading.

Pool Lowers Guidance

Pool Corp. lowered its full-year earnings guidance because of a cool start to the summer. It now sees profit of now more than $2.13 a share, down from its earlier predicted range of $2.13 to $2.23. POOL declines almost 6 percent in the premarket.

Share this article with your friends


TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

Education & Strategy

Why traders hedge with sector ETFs

Many people who are not familiar with options think that they increase risk, but their first and primary purpose is...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER