Adobe rallies on subscriber growth

optionMONSTER

Investors Look Past Weak Quarter

Adobe Systems reported weaker-than-expected earnings and sales. But, management said that customers are "overwhelmingly choosing subscriptions" over traditional licenses. That's a big sign of success in changing their business model. ADBE climbs 5 percent before the opening bell on my tradeMONSTER platform and is above the key $50 level for the first time ever!

FedEx Earnings, Revenue Beat

FedEx reported first-quarter profit of $1.53 a share on revenue of $11 billion. Analysts were only expecting $1.50 and $10.97 billion, respectively. FDX climbs more than 3 percent in the premarket.

Dollar Tree Buyback Makes a Splash

Dollar Tree announced a $2 billion stock buyback. That's pretty decent for a company with a $12 billion market cap, and DLTR is up 3.5 percent before the opening bell.



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