Investing
Today's Best Market Rumors (10/27/2009) (SNE)(UTX)(BRK.A)
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Updated throughout the day.
Updated 10.21 AM EST: The pricing of the Ancestry.com IPO may be much too high. (BreakingViews).
Google’s (NASDAQ:GOOG) new social search feature may not include industry leader Facebook (TechCrunch)
David Sokol interim CEO of Berkshire Hathaway (NYSE:BRK.A) subsidiary NetJets Inc, is the top candidate to take Warren Buffett’s job (The Deal)
There could be another seven million home foreclosures in the US. (TheStreet.com)
Home prices could drop another 5% to 10% by mid-2010. (Bloomberg)
United Technologies (NYSE:UTX) has is the frontrunner in the bidding for GE’s (NYSE:GE) fire alarm and surveillance systems business. (Bloomberg).
Former AIG (NYSE:AIG) boss Hank Greenberg is actively stealing talent from his old company. (NYTimes)
NBC Universal which is 80% owned by GE, could be spun out as an IPO. (CNBC)
“The Obama administration is scheduled to announce Tuesday where it is spending $3.4 billion of stimulus money on 100 smart-grid projects in 49 states. As part of the funding, utilities are contributing $4.7 billion to the projects, making the total spending $8.1 billion. (CNET)
Nintendo may launch a large screen DSi which could be a challenge to Microsoft (NASDAQ:MSFT) and Sony (NYSE:SNE) game system sales. (TechTree)
Douglas A. McIntyre
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