Intuit gets a logo update, sticks with $328 million in auction-rate securities it can't sell
An Intuit tipster tells us that management gathered up the peons for a "a rah rah speech about making us the most admired company that everyone wants to work for," yesterday. Then they unveiled the new logo, pictured. "Needless to say no one in the Valley seemed to pay attention." Sure, we're watching Intuit! Just the other day we reported that instead of keeping cash or investing in a more liquid instrument, Intuit owns about $328 million in auction-rate securities — you know, the kind no one's willing to buy.