Today’s Best Market Rumors (10/17/2012) BP to Sell TNK-BP

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Updated throughout the day on the 24/7 Wall St. Wire:

Vikram Pandit was pushed out of Citigroup Inc. (NYSE: C) because of tensions with chairman Michael O’Neill over how the CEO handled daily operations. (Reuters)

BP PLC (NYSE: BP)  is close to an arrangement to sell its stake in TNK-BP, the Russian state-owned oil company. (WSJ)

Visa Inc. (NYSE: V) will name a new CEO soon. (WSJ)

Douglas A. McIntyre

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