Quick news – September 22 2010

By: ispeculatornew
Date posted: 09.22.2010 (3:16 pm) | Write a Comment  (0 Comments)

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Tech news: (concern the stocks we follow)

Netflix (NFLX) officially launched its streaming service in Canada
Microsoft (MSFT) raised its quarterly dividend to $0.16
Research in Motion (RIMM) is rumored to plan its Ipad rival launch, the Blackpad, for next week
Adobe (ADBE) was cut to “Market Perform” by FBR Capital Markets
Adobe (ADBE) was downgraded to “Neutral” by Robert Baird, UBS & Credit Suisse
Adobe (ADBE) was downgraded to “Hold” by ISI & ThinkEquity
Adobe (ADBE) buy rating reiterated by Goldman Sachs

Best return:    Netflix (NFLX) +6,61%

Worst return:     Adobe (ADBE) -19,03%

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