Today’s Best Market Rumors (10/9/2009)
Updated throughout the day. Updated 2:00 PM EST: American Superconductor Corporation (NASDAQ: AMSC) has traded higher all day and some are noting takeover chatter on this one. We have yet to see…
Updated throughout the day. Updated 2:00 PM EST: American Superconductor Corporation (NASDAQ: AMSC) has traded higher all day and some are noting takeover chatter on this one. We have yet to see…
One of the leading media investing firms in the US, Gabelli & Co. wants cable outfit Comcast (NASDAQ:CMCSA) to stop its pursuit of GE’s (NYSE:GE) NBCU and turn its focus on better…
Reuters: Chinese investors are holding a large amount of gold. Reuters: Bernanke sees tighter policies as the economy improves. Reuters: The Congressional Oversight Panel says that the US plan to help homeowners…
Updated throughout the day. Updated 2:44 Dell Inc. (NYSE: DELL) will launch a branded Android smartphone thru AT&T Inc. (NYSE: T) and possibly other carriers next year. Source today is from WSJ,…
Standard & Poor’s Ratings Services has reviewed the ramifications of reports about General Electric Co.’s (NYSE: GE) plans for NBC Universal. The ratings agency has said that a partial sale or IPO…
Updates throughout the day. Update: Jeff Bewkes, CEO of Time-Warner (TWX) who says “Time, Inc. is not for sale.” (Atlantic First Draft of American History Conference) Update: John Paulson and Angelo Gordon may…
Reuters: The retirement package for Ken Lewis of Bank of America (BAC) may be as high as $125 million. Reuters: US car sales plunged in September with Ford (F) up and GM…
Updated throughout the day. Update: RADVision (RVSN) is trading down over 33% on rumors that the Cisco (CSCO) buyout of Tandberg will cost it nearly 40% of its revenue. (Morgan Keegan) Update: Friday’s…
GE (GE) won’t sell its NBC Universal division, at least not at the price levels that are being rumored. It is unlikely that in the current economic environment that GE could get…
Reuters: Ken Lewis will step down as CEO of Bank of America (BAC) Reuters: Cisco (CSCO) bought Tandbeg for $3 billion. Reuters: The IMF raised forecasts for US GDP but warned on…
A123 Systems Inc (NASDAQ: AONE) is still likely going to be one of the highlights of trading activity for the week, but the valuation is all based on the future rather than…
Update: Verizon (VZ) may consider buying DirecTV (WSJ) Update: The Apple (AAPL) iPhone will cost an extraordinarily high $303 in China but the monthly service fee will be as low as $18.45…
Reuters: Obama pushed his economic message before the G20 summit Reuters: A Senate panel took up healthcare legislation. Reuters: Bank of America (BAC) missed a deadline for supplying information from Congress and…
Mid-American Energy, a holding of Berkshire Hathaway Inc. (NYSE: BRK-A) and a holding of Warren Buffett, is about to get into the U.K. offshore wind power business if the reportsfrom the weekend…
Reuters: The competition to dominate the green car market is increasing. Reuters: Obama will pressure the G20 on Wall St. reform. Reuters: Oracle (ORCL) earnings missed targets. Reuters: Opel’s sales shows power…