Today’s Best Market Rumors (8/26/2011) Tumblr Cash

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Updated throughout the day.

India’s GVK Power & Infra is near a deal to buy two Australian coal mines owned by Hancock Prospecting (Reuters)

Tumblr is set for a new financing (WSJ)

US banks are seeking changes in federal bank rules as overseas depositors flood them with money (Bloomberg

Douglas A. McIntyre

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