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McAfee Shares Surge on Robust Sales
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Shares of McAfee (MFE Quote) surged Friday after it reported strong third-quarter results on strong sales of its security software.
The company's results, which were reported late Thursday, were closely watched by industry watchers after McAfee's rival Symantec (SYMC Quote) had reported sluggish growth earlier this week in its security business.
Symantec also issued cautious third-quarter guidance, prompting speculation that security software may have lost its "recession-proof' reputation. ...
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