Adobe Systems Incorporated, a diversified software company said second quarter revenue increased to $886.9 million compared to $745.6 million for the same quarter of year ago. Net income was $214.9 million or 40 cent per diluted share compared with $152.5 million or 26 cent per diluted share for the same period of last year.

Adobe Systems Incorporated (ADBE: chart) in the last one year traded as high as $48.47 in October 2007 and as low as $30.07 in March 2008.

Anchor BanCorp Wisconsin Inc., a savings and loan holding company said net interest income for the fourth quarter increased to $35.07 million from $29.83 million in the prior year quarter. Net income was $5.6 million or 27 cent per diluted share compared to $8.23 million or 38 cent per diluted share for the same quarter of last year.

Fiscal net interest income rose to $129.0 million from $128.04 million. Net income was $31.13 million or 1.48 cent per diluted share compared to $38.97 million or 1.80 cent per diluted share for the fiscal 2007.

Anchor BanCorp Wisconsin Inc. (ABCW: chart) in the last one year traded as high as $29.10 in September 2007 and as low as $10.83 in June 2008.

La-Z-Boy Incorporated, a residential furniture producer reported fourth quarter sales fell 9.8% to $368 million from $408.08 million a year ago. Net loss was $4.42 million or 09 cent per diluted share compared to a net income of $7.71 million or 15 cent per diluted share for the same quarter of 2007.

For the full year sales declined 10.5% to $1.5 billion from $1.6 billion. Net loss was $13.6 million or 15 cent per diluted share compared to net income of $4.14 million or 38 cent per diluted share for the fiscal year 2007.

La-Z-Boy Incorporated (LZB: chart) in the last one year traded as high as $12.30 in June 2007 and as low as $5.31 in May 2008.

Majesco Entertainment Company, an interactive entertainment products provider said second quarter net revenue fell to $12.8 million from $14.6 million for the same quarter of year ago. Net loss was $0.3 million or 1 cent per diluted share compared with loss of $1.3 million or 6 cent per diluted share in the same quarter of 2007.

Majesco Entertainment Company (COOL: chart) in the last one year traded as high as $2.57 in July 2007 and as low as $0.86 in January 2008.

OMNOVA Solutions Inc., an emulsion polymers producer said second quarter net sales increased $31.7 million to $219.7 million compared to $188.0 million for the same period of year ago. Net loss was $3.1 million or 7 cent per diluted share compared with a net loss of $9.8 million or 23 cent per diluted share for the second quarter of 2007.

OMNOVA Solutions Inc. (OMN: chart) in the last one year traded as high as $6.50 in July 2007 and as low as $2.84 in April 2008.

Tegal Corporation, manufacturer of plasma etch and deposition systems said fourth quarter revenues were rose 19.5% to $7.4 million from $6.2 million in the same period of year ago. Net income was $15.2 million or 2.18 cent per diluted share for the quarter compared to a net loss of $2.0 million or 28 cent per diluted share in the same quarter of year ago.

Fiscal year 2008 revenues was increase of 47.9% to $32.9 million from $22.2 million. Net income were $18.1 million or 2.48 cent per diluted share compared to loss of $13.2 million or 1.87 cent per diluted share for the fiscal year 2007.

Tegal Corporation (TGAL: chart) in the last one year traded as high as $7.18 in July 2007 and as low as $3.11 in January 2008.


Asian markets review

In Tokyo Nikkei 225 Index closed lower 6.00 or 0.04% to 14,348.37, in Hong Kong Hang Seng index increased 28.30 or 0.12% closed to 23,057.99. In Australia ASX 200 index higher 51.00 or 0.95% to close 5,422.70. In Malaysia KL Composite index decreased 10.30 or 0.83% closed to 1,227.76.

In South Korea Kospi Index decreased 10.11 or 0.57% to close at 1,750.71, in Thailand SET index closed lower 10.42 or 1.32% to 777.17 and Indonesia JSE Index edged decreased 20.07 or 0.84% to 2,377.98. Sensex index in India increased 301.08 or 1.96% to 15,696.90.