(EMAILWIRE.COM, November 12, 2009 ) Dallas, TX - Adobe Systems Incorporated (NASDAQ:ADBE) decreased 1.86% to $35.92 after Dow Jones reported that Adobe Systems will cut about 680 full-time positions world-wide, or about 9% of its total work force, as the Company moves to align costs with 2010 projections. The move marks the second wave of job cuts at Adobe Systems since last December, when the Company said it would eliminate 600 positions, or 8% of its work force at the time.

Clearwire Corporation (NASDAQ:CLWR) declined 15.31% to $6.14. The stock hit an intraday high and an intraday low of $7.16 and $6.02 respectively. In the last six months the stock went up over 3%. Clearwire Corporation builds and operates wireless broadband networks that enable Internet communications. Its wireless broadband networks cover entire communities and deliver a high-speed Internet connection that not only creates a new communications path into the home or office, but also provides a broadband connection anytime and anywhere within its coverage area.

LTX-Credence Corporation (NASDAQ:LTXC) plunged 4.41% to $1.30. The stock hit an intraday high and an intraday low of $1.34 and $1.26 respectively. In the last six months the stock went up over 159%. LTX-Credence Corporation provides focused, automated test equipment solutions. The Company designs, manufactures, markets and service ATE solutions that address the divergent test requirements of the wireless, computing, automotive and digital consumer market segments.

ABOUT http://www.PennyStockPickalert.com

The website alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock pick Alerts helps investors to achieve incredible results in a short amount of time .

Contact Information:
PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us


This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.