Updated regularly throughout the day.
Update: Rusal, the world’s biggest aluminum firm, may have an IPO on The Hong Kong exchange. The company is controlled by Russian oligarch Oleg Deripaska and has $7.4 billion in debt. (MarketWatch)
Not a rumor: Man sues Bank of America (BAC) for “1,784 billion, trillion dollars” (Reuters)
Natural gas prices could drop 19% (Bloomberg)
Kraft (KFT) will up its bid for Cadbury for hostile takeover. (MarketWatch)
Market negative on Yahoo!’s (YHOO) new ad campaign creative. (reliable).
The Administration may put $35 billion into helping state and local housing agencies. (WSJ)
CBS (CBS) may announce a deal with GlobalPost which will provide the network with overseas reporting (NYT)
Major US banks could post big improvementsin Q3 earnings if they write-up the value of toxic assets (FT).
Douglas A. McIntyre