Today’ Best Market Rumors (7/7/2011) Blackstone’s $16 Billion, Apple’s New Phone

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Updated throughout the day.

Treasury has begun to examine alternatives to default after August 2. (Reuters)

Blackstone (NYSE: BSX) will raise $16 billion for its new buy-out fund (Reuters)

Apple (NASDAQ: AAPL) will launch a new iPhone in Q3 (WSJ)

Douglas A. McIntyre

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