Updated throughout the day.

Microsoft (NASDAQ:MSFT) will buy Opalis Software  (Barron’s)

Updated 9.47 AM EST  The CEO of Bank of New York (NYSE:BK) is once again a candidate for the top jobs at Bank of America (NYSE:BAC)  (CNBC)

Gartmore may cut the price of its IPO  (MarketWatch)

Light vehicles sold in China hit 12.6 million in 2009 compared to 10.3 million in the US (JD Power)

Lehman is selling two real estate funds (WSJ)

The government may set up a TARP fund for small business (Washington Post)

Citadel Broadcasting is close to filing Chapter 11  (WSJ)

Procter & Gamble (NYSE:PG) bought Sara Lee’s air freshener brands for $700 million (Bloomberg) The deal closed at $470 million.

Douglas A. McIntyre