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ADBE Dips After Morgan Stanley Comments

By Market News Video Staff, Tuesday, November 23, 2:14 PM ET

Adobe Systems (NASDAQ:ADBE) shares are falling today, down 3.15%

The design software company is falling after a Morgan Stanley analyst said business software upgrades are slowing following the company’s Creative Suite 5 Software.

Morgan Stanley (NYSE:MS) said analyst estimates for the first half of fiscal 2011 may be too high.

Adobe is 8.81% of the Software HOLDRS (SWH), trading down 2.1% today.

SAP (NYSE:SAP) is the top stock in the fund, at 17.79% of the portfolio.

Microsoft (NASDAQ:MSFT) is the second-largest holding, at 17.51% of the fund, followed by Oracle (ORCL), Intuit (INTU), and CA Technologies (CA).

Find the right mix of model portfolios today at PortfolioChannel.com


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This Article's Word Cloud:   ADBE   Adobe   Creative   HOLDRS   INTU   Intuit   MSFT   Microsoft   Morgan   NASDAQ   NYSE   ORCL   Oracle   Software   Stanley   Suite   Systems   Technologies   after   analyst   business   company   design   down   estimates   falling   first   fiscal   followed   following   fund   half   high   holding   largest   portfolio   said   second   shares   slowing   software   stock   today   trading   upgrades
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