Today’s Best Market Rumors (10/29/2009) (SNI)(NWS)(YHOO)
October 29, 2009 by Douglas A. McIntyreUpdated throughout the day.
Updated 10.45 AM EST There is not as much cash on the sidelines as most investors expect. (Reuters)
Yahoo! (NASDAQ:YHOO) has frozen hiring on the team evaluating integration with the Microsoft (NASDAQ:MSFT) Bing search platform (BusinessInsider)
GMAC’s request for more bailout money may hurt the chances of its CEO, Al de Molina, getting the top job at Bank of America (NYSE:BAC)
Galleon may have paid millions of dollars to Wall St. firms for market information. (FT)
Former NBC CEO Bob Wright thinks an IPO of the unit as a means to get it out of GE (NYSE:GE) are very small. (PaidContent)
The dollar will rally in coming months. (Forbes)
News Corp (NYSE:NWS) and Scripps Networks Interactive (NYSE:SNI) have made $800 million offers for 65% of the Travel Channel. (The Deal)
Holiday shopping may drop more than expected this year. (CNBC)
Douglas A. McIntyre
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.