Tuesday, March 15, 2011

Adobe Systems Inc. (NASDAQ:ADBE) Issues Flash Patches

It has been reported that Adobe Systems Inc. (NASDAQ:ADBE) is introducing emergency patches for Flash application. Adobe Systems Inc. (NASDAQ:ADBE) Issues Flash Patches Report says that the US based software developer Adobe Systems Inc. (NASDAQ:ADBE) is planning to release emergency patches for its Flash and Reader applications. The unscheduled patches for its applications like Flash Player 10 and Acrobat and Reader versions 9, 10, and X are expected to be available by the end of March. Brad Arkin, Adobe Systems Inc. (NASDAQ:ADBE)'s senior director of product security and privacy said, "Out of a preponderance of caution we took the decision to ship out-of-cycle updates for Reader and Acrobat v9, and Acrobat X to mitigate the risk of attackers shifting the attack from an .xls container to a .pdf container." Adobe Systems Inc. (NASDAQ:ADBE) shares were at 34.08 at the end of the last day’s trading. There’s been a 20.6% movement in the stock price over the past 3 months. Adobe Systems Inc. (NASDAQ:ADBE) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.98 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.16 Zack’s Rank: 5 out of 83 in the industry
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