Today’s Best Market Rumors (10/21/2009) (TWX)(AAPL)(BKS)

Posted: October 21, 2009 at 9:16 am

newspaperUpdated throughout the day.

Updated at 1.11 PM EST:  Bank of America (NYSE:BAC) will sell First Republic for $1 billion.  (The Deal)

Updated 1.05 PM EST:  Google (NASDAQ:GOOG) may be teaming up with record labels to launch a music service  (Reuters)

Updated 1.00 PM EST: Credit Suisse says Orbitz (NYSE:OWW) may be a takeover target  (Barron’s)

Bank of America (NYSE:BAC) knew about Merrill Lynch losses as early as November.  (Bloomberg)

The new Barnes & Noble (NYSE:BKS) e-reader will run the Google (NASDAQ:GOOG) Android OS   (Ars Technica).

Apple (NASDAQ:AAPL) will soon release Mac OS X 10.6.2 (MacRumors)

Congressional officials want to talk to three banking officials in Massachusetts before continuing to pursue their investigation of the Bank of America (NYSE:BAC) buy-out of Merrill Lynch  (The Boston Globe)

Small online financial sites may soon be more valuable than Fortune Magazine (NYSE:TWX)  (The Deal)

The housing market may have bottomed (CNBC)

Douglas A. McIntyre

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