Adobe Systems Stock Pops On Raised 2018 Earnings Guidance

(Source: Investor’s Business Daily) Adobe Systems (ADBE) shares surged to a record high on Tuesday after the maker of digital media and marketing software raised its earnings guidance for fiscal 2018 as a result of corporate tax cuts championed by President Trump. For fiscal 2018, which began Dec. 2, Adobe now expects to earn an adjusted $6.20 a …