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Category Archives: INTU

Rising Jobless Claims Spook The Market, Again! SPX, Nasdaq, INTC, MFE, SYMC, SHLD, SNDK, CRM, MRVL, INTU, DELL, HPQ

August 19, 2010 – 4:12 pm

Lots of news on the market today!  INTC came out with a 60% premium bid for MFE, at $7.68 billion.  MFE shares jumped +57.07% while INTC fell 3.52%.  SYMC, another security software company, saw its shares rise +6.2%.  However, investors focused on the rising jobless claims number and drove the broader market down.  SHLD reported weak sales [...]

By HappyTrading | Also posted in CRM, DELL, HPQ, INTC, MFE, MRVL, SHLD, SNDK, SYMC | Comments (0)