Adobe makes a big buy

ADOBE SYSTEMS INC. $258.91 (Nasdaq symbol ADBE; TSINetwork Rating: Average) (408-536-6000; www.adobe.com; Shares o/s: 488.1 million; Market cap: $126.4 billion; No dividends paid) has agreed to buy marketing-automation firm Marketo for $4.75 billion.
Marketo helps brands track their customers’ actions online, from the time they get an email to… Read More

Research spending keeps these techs on top

These three tech leaders continue to hit new highs. Those gains are mainly due to high research spending, which helps them develop new products and fuel their future growth. While that spending hurts their current earnings, recent acquisitions further enhance their long-term prospects. We see… Read More

Adobe hits highs

ADOBE SYSTEMS INC. $264.88 (Nasdaq symbol ADBE; TSINetwork Rating: Average) (408-536-6000; www.adobe.com; Shares outstanding: 489.7 million; Market cap: $132.6 billion; No dividends paid) makes software to create and share electronic documents as well as digitial media.
The company’s decision a few years ago to switch to selling its programs… Read More