Speaking of activists, Dan Loeb's hedge fund Third Point is the latest activist investor to take a stake in Salesforce,
Weekly jobless claims in the U.S. hit 196,000 for the week ending Feb. 4. Though it's an increase of 13,000 from the prior week, it's still one of the lowest numbers historically. Yet the number is more than what analysts expected and runs contrary to January's jobs data, which reported record low unemployment.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Drop and Roll.