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Best Buy (BBY)
2007-12-18 21:34:00
Here is the full quote from the CFO of Best Buy (BBY) from the morning conference call: "We don’t give quarterly guidance, as you know, Colin, but I think if you looked at the fourth quarter, it would imply something like $1.70 to $1.80." Maybe Best Buy doesn't give quarterly guidance, but Wall Street sure as hell looks at it, and Yahoo Finance had the quarter at a $1.82 estimate. So good news

Adobe Systems, Inc (ADBE)
2007-12-18 21:07:00
Adobe Systems , Inc (ADBE) beat guidance in reporting its fiscal fourth quarter (ending 11/30/07.) ADBE reported revenue of $911.2 million in the quarter, compared to $682.2 million for the fourth quarter of fiscal 2006. Non-GAAP diluted earnings per share for the fourth quarter of fiscal 2007 were $0.49, compared with non-GAAP diluted earnings per share of $0.33 in the fourth quarter of fiscal
More About: Adobe , Adobe Systems

Best Buy (BBY)
2007-12-18 20:50:00
Best Buy (BBY) reported this morning and traded up in the pre market but then promptly plunged and is right now down on the day. BBY had a good report and met guidance, but then during the conference call one of the speakers apparently lowered guidance for the fiscal fourth quarter. He may have done this inadvertently but it had a horrible effect on the stock. This market we are in shows no