Investing
Today's Best Market Rumors (11/16/2009) (DVN)(NVDA)(C)(AAPL)
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Updated throughout the day.
Updated 12.43 PM EST: Apple may hire its own video game developers to create iPhone and iPod products (Apple Insider)
Updated 11.57 AM EST: Devon Energy (NYSE:DVN) may sell its international operations to interests in China (NYT)
Central banks will be net purchasers of gold for the first time in decades (CNBC)
Goldman Sachs (NYSE:GS) wants to expand it wealth management operation (Investment News and Business Insider)
Nvidia (NASDAQ:NVDA) has started to complain about Intel’s (NYSE:INTC) just as the world’s largest chip company settled antitrust issues with AMD (NYSE:AMD)
Intel plans to release powerful new notebook chips in January. (Digitimes)
Microsoft (NASDAQ:MSFT) will launch a Zune music and movies brand outside the US to try to challenge Apple (NASDAQ:AAPL) in the mobile content business. (FT)
JPMorgan (NYSE:JPM) is trying to buy the 50% of management firm Cazenove Group that it does not already own for $1.7 billion. (Bloomberg)
Citigroup (NYSE:C) has rejected Terra Firma Capital’s offer to restructure EMI Group. (WSJ).
Douglas A. McIntyre
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