Today's Best Market Rumors (11/4/2009) (JAVA)(ORCL)(TWX)
Updated throughout the day.
Updated 10.30 AM EST: Oracle (NASDAQ:ORCL) believes that EU authorities may try to block its buy-out of Sun (NASDAQ:JAVA) (FT)
Updated 10:26 AM EST: Apollo Management is buying debt swap instruments to increase is control of Harrah’s. (NYPost)
The CEOs of Goldman Sachs (NYSE:GS) and JPMorgan (NYSE:JPM) met pay czar Feinberg before he announced pay cut plans (Bloomberg)
Time Warner’s (NYSE:TWX) Time, Inc publishing division will lay off 500 people (various).
Senator Chris Dodd will propose merging all four bank regulatory agencies (various).
Cisco’s (NASDAQ:CSCO) earnings outlook is likely to be poor (TheStreet)
Warren Buffett may join Goldman Sachs (NYSE:GS) in bidding for Fannie Mae (NYSE:FNM) tax credits.
Douglas A. McIntyre