adobe systems will have earnings after the bell. they're reporting 39 cents profit on revenue of $906 million. >> it's an important story, because that's going to give us a story of whether individuals and companies are putting people to work. it's not just about the adobe business, but it gives you a bigger window. you know, bill, my question as we continue to see this market, a teflon market, is how much of this is short covering, how much of this is actual new buying coming in. terry dolan, what do you think? >> i think you've seen some last-minute covering, if you will, final hour, short covering. i think people thought that the cyprus thing was going to get some legs to it. and i think that they were very cautious coming into the day after the news broke, sort of played a little short game. the market rallied, nobody wants to go home short in this market right now. >> well, we know that the european debt crisis still knee deep in the red and a major issue, but u.s. domestic issues have really been driving this market. does that

he could tell us how to get some sun-dried adobe. so we followed his advice and got some rum and found a starving young architect who was willing to design a house, even if it was with sun-dried adobe, and so we got this house bill. and i just loved it. it was so fun. until you have seen and touched sun-dried adobe, you probably can't appreciate why i liked it so much, but it looked good. it feels good, and it's wonderful in arizona sunshine. it really is. so that's what we used to build our house, and i loved it very much. when the president made his call, and i agreed to come back to washington, d.c., we learned that housing prices in d.c. are very high. [laughter] so we had to sell our little sun-dried adobe house, and raise a little money so we could get something to live in in d.c., and we did. and that was painful to have that happen. and an interesting thing has happened since, and i'm wondering from a topic but it's kind of interesting to hear. we have formed now in arizona a program using our old house, and so it's been purc

adobe turned in 1.01 billion. they were looking for 21 cents. 35, 36 cents, so it looks like they're transitioned to the cloud going better than they have projected. >> thanks a lot for that. from california. in terms of adobe, this is one that has participated. >> new 125i-week 52-week high, which struck me. the second quarter guidance wasn't great. this was an excellent quarter and operating margins were better. clearly, we're in the upswing of what's been a tremendous move, but you want to get involved in this, so the bait of trade is adobe. if you want to have something that moves r or be in oracle, which is slow and steady wins the race. i'm not certain you go pounding with adobe here. i think the better trade is just to stay long oracle. we'll keep track as the show progresses. let's get to the traders. keith, it was certainly an interesting session unfold. s&p 500, the first three-day losing streak this year, but the dow managed a turn around. >> i think you get to key levels and it's your first opportunity

a lot of news on adobe. nicole: we saw adobe is on the move. they came out with their numbers.up. .5%. charles: thanks a lot. we will talk to you later. i am talking about student loans. under president obama, they have skyrocketed. here is what you miss when you did not joined varney and company at 9:20 a.m. >> he wants it closer to moscow where you can control it. he has been under pressure by big business lobbies and moscow. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. ♪ charles: people are not spending. they are not shipping. fedex third-quarter profits fell. the company blames it on people choosing cheaper and slower shipping. fedex down right now five dollars. yahoo! is in talks of buying stake in dailymotion. reportedly worth $

david: we have adobe earnings after hours, what are the numbers? >> it is a beat. $0.35 on revenue of $1.01 billion, expecting 986.04 million, can the street expecting earnings per share of $0.31. one of the things the company is saying is retrieving strong digital marketing revenue and booking growth in the first quarter so it is a beat on both lines. david: that is good news, if earnings season continues the way adobe has been doing and others, maybe the rally continues to matter what happens in cyprus. lauren: maybe this is a little bit of a sign. a 52-week high, making all of these significant changes, really risky and all panning out for them right now. subscription-based, all that to say it is really moving in the right direction, good risk and the stock is showing it right now. lauren: adobe certainly a winner, thank you so much, we will see you in a few moments. david: first to you, we were talking with our cme trader whether or not this was a portend of what happened with earnings. if earnings contain no matter what happens overseas are we

my husband and i had built a sun-dried adobe house in the phoenix area 1957. that was a challenge you could buy the other kind but in this country today it is very hard to buy a sun-dried adobe bricks that somebody has made then dried and in a frame in the sun and that is what we've wanted to use. i ate them and in scottsdale to build some houses like that and he could tell us how to get sun-dried adobe so we followed his advice and found a starving young architect who was willing to designed a house so we got it built and i loved it. it was so fun until you see it and touch it you probably cannot appreciate why i liked it so much but it looks good, it feels good good, and it is wonderful in the arizona sun shine. so that is what we used to build our house. i love did very much. when the president made his call and i agreed to come back to washington d.c., we learned the housing prices are very high. [laughter] sophie had to sell our little adobe house to raise some money to get something in washington d.c.. that was painful. an interesting thing has happened

she used to work for adobe, that was on our list of maps inside our attendance area, she says: while i was executive director for adobe, i can tell you that having high-selling homes is key, adoeb is a family-friendly company, and to drop off kids prior to work without getting in a car is huge. going back to our map here, we will move from elementary schools on to middle schools. bessie carmichael and isa are the middle schools in our attendance area. carmichael is k-8; and isa middle school is 180 students. it's the least requested middle school in the district. it's a middle school that is mixed with high school. and it's the only 6-12 configuration within the district. and last year it was considered for closure. so based on the advice from supervisor cohen. john and i had the opportunity, we requested a meeting at isa. and we met with them on monday. so for three hours we met with principal paul koe. two parents, one was a parent liaison and five fantastic students. we learned so much about isa. i will talk about the high school portion on the next page but focus on the middle sc

she used to work for adobe, that was on our list of maps inside our attendance area, she says: while i was executive director for adobe, i can tell you that having high-selling homes is key, adoeb is a family-friendly company, and to drop off kids prior to work without getting in a car is huge. going back to our map here, we will move from elementary schools on to middle schools. bessie carmichael and isa are the middle schools in our attendance area. carmichael is k-8; and isa middle school is 180 students. it's the least requested middle school in the district. it's a middle school that is mixedh

>> and adobe systems getting ready to set earnings.bell rings, we'll talk exclusively to the ceo just minutes after those numbers are out, so stay tuned. tdd#: 1-800-345-2550 opportunities are waiting to be found in faraway places. tdd#: 1-800-345-2550 markets on the rise. tdd#: 1-800-345-2550 companies breaking through. tdd#: 1-800-345-2550 endless possibilities. tdd#: 1-800-345-2550 with schwab, i search the globe for the big movers. tdd#: 1-800-345-2550 i can trade in 30 different markets tdd#: 1-800-345-2550 to help me seize opportunities, tdd#: 1-800-345-2550 potentially better returns and new ways to diversify. tdd#: 1-800-345-2550 to get an edge, i use schwab's global research. tdd#: 1-800-345-2550 they give me equity ratings on foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, tdd#: 1-800-345-2550 momentum and risk. tdd#: 1-800-345-2550 i also have access to independent firms tdd#: 1-800-345-2550 like ned davis research and economist intelligence unit. tdd#: 1-800-345-2550 and with my schwab global account,

that is paying off for adobe. shares in stock jumping about 6%. >>> here are the stats, thought this was the best way to show affymax. it is a drug company whose one drug failed. 75% laid off today. the stock down to about $1 a share. it is a drug that reportedly caused the death of five people. management says it is unsure about the company's future. >>> better times for a company that by going mobile is helping several other companies grow, hire and help you get going. >> reporter: the same company that powered the special effects for the movie "life of pi" helped the young man on the left calculate pi to the 8th quadrilleiance place. >> i used one computert that i built for $5,000. >> reporter: graphic chips are used for everything from designing cars to putting mobile technology inside cars like this tablet that rolls along with this tesla model s. >> it replaces the buttons and dials in the car with a visual experience, google maps, beautiful navigation and all features of the car are handled here. >> reporte

adobe at new highs, fedex is struggling.to tell you one more thing, "after the bell," we will have oracle. connell: this company received nearly $200 million loan from the energy department hasn't provided any jobs yet and now laying off workers, so dan springer will come on and tell us what the latest is. dagen: here in the studio, mark burnett fro, executive pror of the hit miniseries "the bible." we will talk to him about satan, any resemblance to the president of the united states. we'll talk about world currencies and how they're holding up against the dollar today. i'm a conservative investor. but that doesn't mean i don't want to make money. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it

by editing program ours is a web oriented you can import stuff from a lot of different sources like adobe after effects for example so we take these frames and import them directly to our h.t.m.l. editor which we then use to put together an interactive episode then the episode is uploaded to the narrate platform. you can access the completed editions via their apps for android devices but if you're looking for something i think you've got what it takes anyone will have the chance to publish a potentially interactive content in their rates platform. if someone wants to create his or her own interactive book that i think go to the website and add a page like i'm doing right here they vent choose vision. and a design template from the ones we have available then you choose the audio files and the interactive elements that will be added to the page with a simple click of the mouse then you click publish and the book goes to one of our reviewers who looks at it and if it's consistent with our rules it gets published. so will this lead to a wider revolution in terms of book publishing as a whol

the winning ticket was bought friday at adobe liquors in pab low, the winning numbers are on the screenthe meganumber, 21. if you are the winner, you have 180 days to claim your prize, get to it. let's check in with rob on the rain situation for tomorrow. what subpoena, rob? >> we are starting to he see a bit of a pattern shift occurring late tomorrow morning we will show you what that means in a moment. so far the rain is on the coast. half moon bay, almost half an inch. san francisco, less than a tenth of an inch so far. and that will holdup tomorrow. some will get the downpour and others just a trace. all the action was over the bay area and shifting over the central valley. still heavier showers here and there and around the peninsula, and still a chance of showers tonight. san mateo, woodside, san jose catching a break right now before the line pushes to the east and the tri valley running more quiet than it was a couple hours ago. here is the first band coming through. this is the break that we are watching that may give us three or four hours of not so bad weather tomorrow as the

adobe is up 4%. >> they gave you some great projection. they're doing everything right awe adobe.s in front of itself, judge. great opportunity. >> what's happening with chesapeake energy? this is dropping 2%. >> chesapeake has had a real struggle ever since the earnings numbers. i think it's one to stay away from even though icon has been offed off and on for a while. >> anadarko is getting a pop. >> yeah. this could be the biggest ever in the gulf of mexico. it is down there better than a mile, but the early data is very strong and the stocks are reacting to it. people are aggressive buyers here. >> murph, cintas. i think they missed, but it's an overreaction here. it's interesting to see why they guided lower and could be an opportunity there if we get the right answers. >>> coming up, blackberry up 130% over the past six months and it's higher again today. but have you missed the run? find out in our top three trades. >>> investors are falling in love with private equity stocks again. they're hot, but are they worth your money? the answer when "halftime" comes back. how do tra

software maker adobe systems shot up in after hours trading.nks to better than expected quarterly results. meanwhile, the company's tech chief, kevin lynch, has jumped ship to join apple as vp of technology. >>> elsewhere the "wall street journal" reports federal regulators are investigating microsoft kickbacks that bribed foreign officials in return for contracts. microsoft says it is committed to the highest ethical standards. >>> meanwhile, here's a head-scratcher. neiman marcus and two other retailers have agreed to settle complaints they marketed real fur clothing as fake. >>> yahoo! is in talks to buy a controlling stake in daily motion in what could be a $300 million deal. >>> speaking of video, a new study by motorola mobility claims that 41% of the content recorded on u.s. dvrs is never watched and deleted. >>> get this, a pretty plain looking bowl bought for $3 at a garage sale in new york turned out to be a 1,000-year-old antique from the dynasty. a london art dealer snapped it up for $2.2 million. probably eating cereal out of that

adobe and zinger, et cetera. clearly 100' limitation along townsend is not consistent with the scale of the area. lot merger restrictions are more appropriate for neighborhood-commercial distributes which explain where the existing restrictions only apply to haves and national council on disability on hayes, church street and market street. we have reviewed our proposed changes with jim nicko, toby levy and planning staff corey teague and none of them have any objections to what we're proposing. so we hope you include them as an amendment to the plan. lastly, i would like to introduce dennis flaherty, the owner of 520 townsend. >> thank you. we are introducing -- we're going modify the restriction on the lot merger today. >> terrific. thank you very much. >> i'm dennis flaherty and i have owned the property for over 35 years. i occupied it many years running my own business and my son presently has an office there. in getting your amendment, we realize that we have talked to a neighbor who has a 50' parcel. ours

the lead engineer at adobe is reportedly leaving for a job at apple. the software company's stock traded in heavy volume after the close on better-than- expected earnings. meanwhile, williams sonoma reports were up 9% in the latest quarter. larry shover of sfg alternatives joins us for a closer look at the trading day. good to have you on the show as always larry. yesterday, the market had a bit of a turnaround. there was a rebound into the close as news was coming in from cyprus. what do you make of that? > > i make of it that i don't think we are making that big of a deal with cyprus. as long as the sovereign debt markets have access to sovereign debt, to the banking system, something like cyprus, although it is a headline risk, it is not a macro risk that we're used to. also, we had a really good housing number yesterday, confirming that our housing recovery is indeed on its way. > we also are ahead of the fed. i know traders will be closely watching for that statement. do you expect there will be any major changes there, larry? > > i don't expect a

adobe systems shot up in after hours trading thanks to better than expected quarterly results.in lynch has jumped ship to join apple at vp of technology. >>> federal regulators are investigating microsoft kickbacks that allegedly bribed foreign officials in return for software contracts. microsoft said it is committed to the highest ethical standards. >>> histories a head scratcher. neiman marcus two others agreed to settle complaints they marketed real fur clothing as fake. yahoo! in talks to buy a stake in daily motion in a $300 million deal. >>> speaking of video, a new study by motor hola mobility claims 41% of the content recorded on u.s. dvrs is never watched and deleted. i'm guilty of that >> a robot for three bucks at a garage sale turned out to be a 1,000-year-old artifact from the tsong dynasty. >>> dick vitale goes head to head with a dolphin on bracketology. why was this deer in the back of a car? you're watching first look on msnbc. [ mom ] 3 days into school break and they're already bored. hmm, we need a new game. ♪ that'll save the day. ♪ so will bounty select-a

we believe there is a such a great deal of adobe receipts and i've asked that we actually have a measurable way of affirming that and we are living up to that to show we are actually specifically looking at a specific number of jobs, that we're actually following the letter of the law in a measurable way. that i believe is responsible for the workforce of economic development, if not, that happened. >> supervisor, i think we were working through a number of issues to get to last year's events. i would add the workforce plan doesn't talk about reporting out on all jobs. it talks about good faith efforts and about showing what the city and the event authority are working together to do to bring these job opportunities to san francisco. i'm hearing loud and clear we want some measurable [speaker not understood] of that. i push back on the implication we are not trying to bring forward this part of the project in a successful way. >> i think you're looking forward to put on the event in a successful way whether you want to actually have a measurable outcome of jobs and unusual exclusion, that i

. >>> solid earnings tonight from adobe systems after the bell its first quarter earnings and revenues topped analyst estimates. the software giant's business is benefitting from a jump in cloud based subscriptions. shares rose more than 5.5% in after hours and are up more than 14% year-to-date. >>> well if you think you're not saving enough for your retirement, wait till you hear some of the numbers out today in a survey by the employee benefit research institute. sharon epperson joins us with the details. sharon, just how diffilt is it to save for retirement? >> well, a lot of folks just don't even think about it and they don't plan for it and they're increasingly more worried about it. the ebri survey showed that 28% of folks say that they're not at all confident they're going to have enough money to retire ever, and now that is up from 10% in 2007. right before the financial crisis. so this is the highest level that they've ever seen in this survey for that level of no confidence, and that zero confidence vote. and more, those who say that they're very confident, that number is not