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Options Trading News

June 20, 2012  Wed 7:27 AM CT

ADBE: SEE CHART GET CHAIN FIND STRATEGIES
European Jitters Hit Software Maker

Adobe Systems guided lower after results beat in the second quarter. Profit will be $0.56 to $0.61 in its third quarter, compared with the $0.61 consensus estimate. Revenue will also be no more than $1.125, while the Street had expected $1.13 billion. ADBE drops 5 percent before the bell on my tradeMONSTER platform.

Idenix Climbs on Phase II Data

Idenix Pharmaceuticals reported positive phase II clinical data for its Hepatitis-C drug candidates, IDX184 and IDX719. IDIX rose 16 percent in early trading.

Outlook Weighs on FSI International

FSI International reported better-than-expected earnings. But in the revenue in the current quarter is expected to be $40 million to $45 million, while analysts were looking for $48.1 million. FSII is lower by 13 percent in the premarket.


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