Stocks in the News: Honeywell, Adobe, Playboy, Microsoft, Intel


Adobe Systems (ADBE) swung to a fourth-quarter loss, but forecast first-quarter sales above Street expectations as demand for its products picked up during November. Adobe reported a fourth-quarter loss of $32 million, or 6 cents a share. Excluding special items, Adobe earned 39 cents a share, topping estimate of 37 cents a share. Shares climbed 1.3% in preamarket trading.