News Summary (NBR, AMR, DAL, JBLU, ADBE)

US Energy stocks gained ahead of Energy Information Administration's weekly supply data. Shares of Nabors Industries NBR rose more than 2%, a day after the analysts at Goldman Sachs upgraded the company. The NYSE Arca Oil Index (XOI) rose about 0.42%, while the NYSE Arca Natural Gas Index (XNG) moved up about 0.47%. The Philadelphia Oil Service Index (OSX) increased about 0.47%. Airline stocks moved down after posting healthy gains yesterday. Shares of American parent AMR Corp AMR dropped about 7.30%, Delta Air Lines DAL lost about 2.09% and JetBlue Airways JBLU lost about 1.94%. The NYSE Arca Airline Index (XAL) moved down about 1.06%. Shares of Adobe Systems Inc ADBE dipped more than 20% after the company issued weaker-than-expected Q4 earnings and revenue projections. ADBE projects its FQ4 revenue at $950 million to $1 billion and adjusted earnings at $0.48 per share to $0.54 per share. However, the analyst expected Q4 adjusted earnings at $0.53 per share, on $1.03 billion in revenue. The analysts at Bank of America, Credit Suisse and UBS have downgraded the company to “neutral.” Read more from Benzinga's Markets.